January 2, 2014

Company announcements: PUC, IDEAL, INSBIO, N2N, FOCUSP, FABER, BJTOTO

PUC - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NamePUC FOUNDER (MSC) BERHAD (ACE Market) 
Stock Name PUC  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoMI-140102-62867

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPUC FOUNDER (MSC) BERHAD (“PUCF” OR THE “COMPANY”)

(I) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN RED MEDIA ASIA LIMITED (“RMA”) COMPRISING A TOTAL OF 8,269,818 ORDINARY SHARES OF USD1.00 EACH FROM RESOURCE HOLDING MANAGEMENT LIMITED (FORMERLY KNOWN AS REDHOT MEDIA INTERNATIONAL LIMITED) ("RESOURCE HOLDING") FOR A TOTAL CONSIDERATION OF RM90.0 MILLION TO BE SATISFIED VIA THE ISSUANCE OF 750.0 MILLION NEW ORDINARY SHARES OF RM0.10 EACH IN PUCF (“SHARES”) AT AN ISSUE PRICE OF RM0.12 PER SHARE (“PROPOSED ACQUISITION”);

(II) PROPOSED EXEMPTION UNDER PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS 2010 (“CODE”) TO RESOURCE HOLDING AND PERSONS ACTING IN CONCERT WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR THE REMAINING PUCF SHARES NOT ALREADY HELD BY IT UPON COMPLETION OF THE PROPOSED ACQUISITION (“PROPOSED EXEMPTION”);

(III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF PUCF ("PROPOSED IASC"); AND

(IV) PROPOSED AMENDMENT TO THE COMPANY'S MEMORANDUM AND ARTICLES OF ASSOCIATION ("PROPOSED AMENDMENT")

(HEREINAFTER COLLECTIVELY REFERRED TO AS THE “PROPOSALS”).
(All definitions used herein shall have the same meanings as the words and expressions defined in the announcements dated 16 November 2010, 24 February 2012 and 14 November 2012, except where the context otherwise requires or where otherwise defined herein.)
With reference to the announcements dated 29 July 2013, 6 November 2013, 12 November 2013, 15 November 2013 and 31 December 2013.

On behalf of the Board of Directors of PUCF (“Board”), Kenanga Investment Bank Berhad (“KIBB”) wishes to announce that the Proposals are deemed completed following the listing of and quotation for 750,000,000 new ordinary shares of RM0.10 each in PUCF on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”).

In addition, KIBB on behalf of the Board, also wish to announce that KIBB has been appointed as the Sponsor for PUCF from 1 January 2014 to 31 December 2014 pursuant to Paragraph 3.21(1) and (3) of the ACE Market Listing Requirements of Bursa Securities.

This announcement is dated 2 January 2014.


IDEAL - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCP-140102-A441E

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionIDEAL SUN CITY HOLDINGS BERHAD (“Ideal” or “the Company”)
- Monthly Announcement On the Status of the Company’s Plan to Comply With the Obligation to Regularise its Condition Pursuant to Guidance Note 3 ("GN3") of the Bursa Malaysia Securities Bhd ACE Market Listing Requirements (“ACE LR”)

Reference is made to the announcement dated 2 December 2013, in compliance with paragraph 4.4 of the GN3 of ACE LR. The Board of Directors of IDEAL ("Board") wishes to inform as follows:-

a) Bursa Securities had vide its letter dated 13 May 2013 resolved to approve the Company's regularisation plan subject to the conditions as stated in its letter; and

b) Bank Negara Malaysia ("BNM") had vide its letter dated 25 June 2013 (received on 4 July 2013) approved the issuance of Warrants to non-resident shareholders pursuant to the Proposed Right Issues with Warrants and Proposed Placement with Warrants.

c) On 13 November 2013, the Board of Directors has announced that the shareholders of the Company had approved the Proposed Balance Sheet Reconstruction, Proposed Rights Issue with Warrants, Proposed Exemption and Proposed Placement with Warrants at the Extraordinary General Meeting (“EGM”) of the Company held on 13 November 2013.

d) On 11 December 2013, the Board of Directors has announced that the sealed order of the High Court of Malaya in Kuala Lumpur confirming the Proposed Share Premium Cancellation and the Proposed Par Value Reduction pursuant to Section 64 of the Companies Act, 1965. The Sealed Court Order has been lodged with the Companies Commission of Malaysia (“CCM”) on 9 December 2013 (the acknowledgement receipt of which was received by the Company on 11 December 2013).

Any further updates on the implementation of the Proposed Regularisation Scheme will be announced in due course.

This announcement is dated 2 January 2014.



INSBIO - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140102-94C7D

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionReference is made to the Company’s announcements made on 1 October 2013, 2 October 2013, 4 October 2013, 8 October 2013, 1 November 2013, 15 November 2013, 2 December 2013 and 24 December 2013.

The Company wishes to announce that there are no major developments subsequent to the Company's submission of the application to Bursa Malaysia Securities Berhad (“Bursa Securities”) in relation to the appeal on the delisting of the securities of the Company from the Official List of Bursa Securities.

Further announcement on the development of the above matter will be made to Bursa Securities in due course.

This announcement is dated 2 January 2014.




N2N - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced2 Jan 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-140102-3589A

Date of buy back02/01/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)20,000
Minimum price paid for each share purchased ($$)0.490
Maximum price paid for each share purchased ($$)0.490
Total consideration paid ($$)9,800.00
Number of shares purchased retained in treasury (units)20,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)3,542,200
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)1.1649


FOCUSP - OTHERS Focus Point Holdings Berhad ("Focus Point" or the "Company") Completion of Tenure of Sponsorship

Announcement Type: General Announcement
Company NameFOCUS POINT HOLDINGS BERHAD (ACE Market) 
Stock Name FOCUSP  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCK-140102-41743

TypeAnnouncement
SubjectOTHERS
DescriptionFocus Point Holdings Berhad ("Focus Point" or the "Company")
Completion of Tenure of Sponsorship

The Board of Directors of Focus Point (“Board”) wishes to inform that the Company’s Sponsor, RHB Investment Bank Berhad has completed their tenure as Sponsor of the Company on 31 December 2013 and accordingly, has ceased to be the Company’s Sponsor with effect from 1 January 2014. The Board also wishes to announce that the Company will not be renewing its Sponsorship with RHB Investment Bank Berhad and will not be appointing another Sponsor.

Notwithstanding this, the Company has fulfilled the requirement under Rule 3.21(1) of the Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) for the ACE Market which requires a company listed on the ACE Market of Bursa Securities to secure and maintain the services of a Sponsor for at least three (3) full financial years after its admission to the ACE Market of Bursa Securities.

This announcement is dated 2 January 2014.



FABER - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameFABER GROUP BERHAD  
Stock Name FABER  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoFG-140102-258E2

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionFABER GROUP BERHAD ("FGB" OR "THE COMPANY")
WRIT OF SUMMONS AND STATEMENT OF CLAIM BY RIMBUNAN MELATI SDN BHD (“RIMBUNAN”), A SUBSIDIARY OF FGB AGAINST JPS CONSULTING SDN BHD (“JPS” or “1st Defendant”) AND TESONIC (M) SDN BHD (“TESONIC” or “2nd Defendant”)

We refer to our announcements on 15 August 2013, 21 August 2013, 11 September 2013, 21 November 2013 and 10 December 2013 in relation to the above matter.

We wish to announce that the case management was held today, 2 January 2014.

The court had fixed the next case management on 28 January 2014.

The trial dates of 17 February 2014 and 18 February 2014 have been vacated and the new trial dates had been fixed on 3 June 2014 and 4 June 2014.

The Company will announce any further development on the above at the appropriate time.

The announcement is dated 2 January 2014.



BJTOTO - Changes in Sub. S-hldr's Int. (29B) - TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBERJAYA SPORTS TOTO BERHAD  
Stock Name BJTOTO  
Date Announced2 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBB-140102-24405

Particulars of substantial Securities Holder

NameTAN SRI DATO' SERI VINCENT TAN CHEE YIOUN
Address28 Jalan Bukit Seputeh, Seputeh Heights, Taman Seputeh, 58000 Kuala Lumpur
NRIC/Passport No/Company No.520223-01-5779
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)ordinary shares of RM0.10 each
Name & address of registered holderSublime Cartel Sdn Bhd
Level 12, Berjaya Times Square
No. 1 Jalan Imbi, 55100 Kuala Lumpur
(Acquired: 115,800 shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/12/2013
115,800
 

Circumstances by reason of which change has occurredDeemed interested by virtue of his interests in Berjaya Assets Berhad, the holding company of Sublime Cartel Sdn Bhd
- Purchase of shares in the open market
Nature of interestDeemed Interest
Direct (units)10,000,000 
Direct (%)0.752 
Indirect/deemed interest (units)659,124,336 
Indirect/deemed interest (%)49.543 
Total no of securities after change669,124,336
Date of notice27/12/2013

Remarks :
INDIRECT SHAREHOLDINGS No. of Shares
---------------------------------------- ----------------

1. Gateway Benefit Sdn Bhd 310,773,662
2. Berjaya Land Berhad 188,997,636
3. Immediate Capital Sdn Bhd 4,460,539
4. B.L. Capital Sdn Bhd 41,233,230
5. Inter-Pacific Securities Sdn Bhd 6,500,000
6. Bizurai Bijak (M) Sdn Bhd 63,900,000
7. Berjaya Corporation Berhad 27,732,759
8. B&B Enterprise Sdn Bhd 1,963
9. Premier Merchandise Sdn Bhd 6,206,347
10. Berjaya Group Berhad 7,000,000
11. Sublime Cartel Sdn Bhd 1,183,200
12. Berjaya VTCY Sdn Bhd 1,135,000
------------------
Total 659,124,336
==========



BJTOTO - Changes in Sub. S-hldr's Int. (29B) - BERJAYA CORPORATION BERHAD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBERJAYA SPORTS TOTO BERHAD  
Stock Name BJTOTO  
Date Announced2 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBB-140102-2A4A5

Particulars of substantial Securities Holder

NameBERJAYA CORPORATION BERHAD
AddressLot 13-01A, Level 13 (East Wing), Berjaya Times Square, No.1 Jalan Imbi, 55100 Kuala Lumpur
NRIC/Passport No/Company No.554790-X
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)ordinary shares of RM0.10 each
Name & address of registered holderSublime Cartel Sdn Bhd
Level 12, Berjaya Times Square,
No. 1 Jalan Imbi, 55100 Kuala Lumpur
(Acquired: 115,800 shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/12/2013
115,800
 

Circumstances by reason of which change has occurredDeemed interested by virtue of its deemed interest in Berjaya Assets Berhad, the holding company of Sublime Cartel Sdn Bhd
- Purchase of shares in the open market
Nature of interestDeemed Interest
Direct (units)27,732,759 
Direct (%)2.085 
Indirect/deemed interest (units)624,048,267 
Indirect/deemed interest (%)46.907 
Total no of securities after change651,781,026
Date of notice27/12/2013

Remarks :
INDIRECT SHAREHOLDINGS No. of Shares
---------------------------------------- ----------------

1. Berjaya Land Berhad 188,997,636
2. Gateway Benefit Sdn Bhd 310,773,662
3. Immediate Capital Sdn Bhd 4,460,539
4. B.L. Capital Sdn Bhd 41,233,230
5. Inter-Pacific Securities Sdn Bhd 6,500,000
6. Bizurai Bijak (M) Sdn Bhd 63,900,000
7. Berjaya Group Berhad 7,000,000
8. Sublime Cartel Sdn Bhd 1,183,200
------------------
Total 624,048,267
==========


BJTOTO - Changes in Sub. S-hldr's Int. (29B) - BERJAYA GROUP BERHAD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBERJAYA SPORTS TOTO BERHAD  
Stock Name BJTOTO  
Date Announced2 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBB-140102-30A37

Particulars of substantial Securities Holder

NameBERJAYA GROUP BERHAD
AddressLot 13-01A, Level 13 (East Wing), Berjaya Times Square, No.1 Jalan Imbi, 55100 Kuala Lumpur
NRIC/Passport No/Company No.7308-X
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)ordinary shares of RM0.10 each
Name & address of registered holderSublime Cartel Sdn Bhd
Level 12, Berjaya Times Square,
No. 1 Jalan Imbi, 55100 Kuala Lumpur
(Acquired: 115,800 shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/12/2013
115,800
 

Circumstances by reason of which change has occurredDeemed interested by virtue of its deemed interest in Berjaya Assets Berhad, the holding company of Sublime Cartel Sdn Bhd.
- Purchase of shares in the open market
Nature of interestDeemed Interest
Direct (units)7,000,000 
Direct (%)0.526 
Indirect/deemed interest (units)617,048,267 
Indirect/deemed interest (%)46.381 
Total no of securities after change624,048,267
Date of notice27/12/2013

Remarks :
INDIRECT SHAREHOLDINGS No. of Shares
---------------------------------------- ----------------

1. Berjaya Land Berhad 188,997,636
2. Gateway Benefit Sdn Bhd 310,773,662
3. Immediate Capital Sdn Bhd 4,460,539
4. B.L. Capital Sdn Bhd 41,233,230
5. Inter-Pacific Securities Sdn Bhd 6,500,000
6. Bizurai Bijak (M) Sdn Bhd 63,900,000
7. Sublime Cartel Sdn Bhd 1,183,200
------------------
Total 617,048,267
=========




BJTOTO - Changes in Sub. S-hldr's Int. (29B) - JUARA SEJATI SDN BHD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBERJAYA SPORTS TOTO BERHAD  
Stock Name BJTOTO  
Date Announced2 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBB-140102-34AA7

Particulars of substantial Securities Holder

NameJUARA SEJATI SDN BHD
AddressLot 13-01A, Level 13 (East Wing), Berjaya Times Square, No.1 Jalan Imbi, 55100 Kuala Lumpur
NRIC/Passport No/Company No.185618-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)ordinary shares of RM0.10 each
Name & address of registered holderSublime Cartel Sdn Bhd
Level 12, Berjaya Times Square,
No. 1 Jalan Imbi, 55100 Kuala Lumpur
(Acquired: 115,800 shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/12/2013
115,800
 

Circumstances by reason of which change has occurredDeemed interested by virtue of its deemed interest in Berjaya Assets Berhad, the holding company of Sublime Cartel Sdn Bhd
- Puchase of shares in the open market
Nature of interestDeemed Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)553,148,267 
Indirect/deemed interest (%)41.578 
Total no of securities after change553,148,267
Date of notice27/12/2013

Remarks :
INDIRECT SHAREHOLDINGS No. of Shares
---------------------------------------- ----------------

1. Berjaya Land Berhad 188,997,636
2. Gateway Benefit Sdn Bhd 310,773,662
3. Immediate Capital Sdn Bhd 4,460,539
4. B.L. Capital Sdn Bhd 41,233,230
5. Inter-Pacific Securities Sdn Bhd 6,500,000
6. Sublime Cartel Sdn Bhd 1,183,200
-------------------
Total 553,148,267
===========









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