January 8, 2014

Company announcements: TEXCYCL, INARI, CIMBA40, CIMBC25, KPS, CRESNDO, YTLPOWR, HOOVER, HAIO

TEXCYCL - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameTEX CYCLE TECHNOLOGY (M) BERHAD (ACE Market) 
Stock Name TEXCYCL  
Date Announced8 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140107-60813

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionTEX CYCLE TECHNOLOGY (M) BERHAD ("TEX CYCLE" OR "the Company")
(1) Yusseri bin Said ("the Plantiff") v. Tex Cycle Technology (M) Berhad ("the Defendant") [CIvil Suit No. 22NCVC-1469-12/2012]
(2) Metro Koats Technology Sdn. Bhd. ("the Plantiff") v. Yusseri bin Said ("the Defendant") [Civil Suit No. 22NCVC-1246-10/2012]
We refer to the Company's announcements dated 5 April 2013, 11 June 2013, 26 June 2013 and 30 August 2013 in respect of the above legal suits.
The Board of Directors of TEX CYCLE wishes to announce that in the case for Yusseri bin Said ("the Plaintiff") v. Tex Cycle Technology (M) Berhad ("the Defendant") [Civil Suit No. 22NCVC-1469-12/2012] the judge had on 7 January 2014 ordered the Plantiff's claim to be dismissed with costs of RM30,000. The judge has also held that Encik Yusseri bin Said was not dismissed as a director of Metro Koats Technology Sdn. Bhd. or the Company and that his earlier suit (Civil Suit No. 22NCVC-1246-10/2012) was res judicata (i.e issue has been fully and finally adjudicated by the High Court) and an abuse of court process.

This annoucement is dated 8 January 2014.


INARI - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced8 Jan 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoIA-140106-52016

Admission SponsorM&A Securities Sdn Bhd
SponsorSame as above

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of warrants
No. of shares issued under this corporate proposal486,500
Issue price per share ($$)MYR 0.380
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units476,594,670
CurrencyMYR 47,659,467.000
Listing Date09/01/2014


CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced8 Jan 2014  
CategoryGeneral Announcement
Reference NoOB-140108-46761

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 08-Jan-2014
IOPV per unit (RM): 1.6250
Units in circulation (units): 1,350,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,248.75



CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 25  
Stock Name CIMBC25  
Date Announced8 Jan 2014  
CategoryGeneral Announcement
Reference NoOB-140108-46716

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 25
Date: 08-Jan-2014
IOPV per unit (RM): 0.9695
Units in circulation (units): 9,750,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 16,078.69



KPS - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameKUMPULAN PERANGSANG SELANGOR BERHAD  
Stock Name KPS  
Date Announced8 Jan 2014  
CategoryGeneral Announcement
Reference NoKP-140108-AEA6E

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company had on 8 January 2014, received notification from YM Raja Idris Raja Kamarudin, a Director of Kumpulan Perangsang Selangor Berhad in relation to the disposal of shares, details of which are set out in the table below : -
Date of Dealing
Number of Shares Disposed
Price Transacted (RM)
% of Securities
6 January 2014

7 January 2014
50,000

47,000
1.92

1.96
0.010

0.009

This announcement is dated 8 January 2014.


KPS - Changes in Director's Interest (S135) - YM Raja Idris Raja Kamarudin

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameKUMPULAN PERANGSANG SELANGOR BERHAD  
Stock Name KPS  
Date Announced8 Jan 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoKP-140108-AB76A

Information Compiled By KLSE

Particulars of Director

NameYM Raja Idris Raja Kamarudin
AddressKenanga Nominees (Tempatan) Sdn Bhd, Kenanga Capital Sdn Bhd,
Tingkat 4-10, 15-16, 18 & 20, Kenanga International, Jalan Sultan Ismail,
50250 Kuala Lumpur
(pledged account for YM Raja Idris Raja Kamarudin)
Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
06/01/2014
50,000
1.920 
Disposed
07/01/2014
47,000
1.960 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)359,047 
Direct (%)0.071 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice08/01/2014


CRESNDO - CRESNDO-EXERCISE OF 44,350 WARRANTS 2009/2014 ("EXERCISE")

Announcement Type: Listing Circular
Company NameCRESCENDO CORPORATION BERHAD  
Stock Name CRESNDO  
Date Announced8 Jan 2014  
CategoryListing Circular
Reference NoNE-140108-36612

LISTING'S CIRCULAR NO. L/Q : 69621 OF 2014

Kindly be advised that the abovementioned Company’s additional 44,350 new ordinary shares of RM1.00 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Friday, 10 January 2014


YTLPOWR - YTLPOWR-EXERCISE OF 19,400 WARRANTS 2008/2018 ("EXERCISE")

Announcement Type: Listing Circular
Company NameYTL POWER INTERNATIONAL BHD  
Stock Name YTLPOWR  
Date Announced8 Jan 2014  
CategoryListing Circular
Reference NoNE-140108-42334

LISTING'S CIRCULAR NO. L/Q : 69623 OF 2014

Kindly be advised that the abovementioned Company’s additional 19,400 new ordinary shares of RM0.50 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Friday, 10 January 2014.


HOOVER - HOOVER-Unusual Market Activity ("UMA") query by Bursa Securities

Announcement Type: Listing Circular
Company NameGRAND HOOVER BERHAD  
Stock Name HOOVER  
Date Announced8 Jan 2014  
CategoryListing Circular
Reference NoNE-140108-42769

LISTING'S CIRCULAR NO. L/Q : 69624 OF 2014

Bursa Malaysia Securities Berhad has on 8 January 2014 issued an UMA query on the limit-up in price in HOOVER’s shares.

In this respect, investors are advised to take note of the Company’s reply to the above UMA query which will be posted at Bursa Malaysia’s website under the company announcements, http://announcements.bursamalaysia.com when making their investment decision.

The contents of the UMA query is as follows:-

We draw your attention to the limit-up in price of your Company’s shares today (“trading activity”).

In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with paragraph 9.11 of Listing Requirements ("LR") :-

1. Whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision;

    2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of LR;
      3. Whether you are aware of any other possible explanation to account for the trading activity; and

      4. Whether you are in compliance with the LR, in particular Paragraph 9.03 of the LR on immediate disclosure obligations.

      Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.



      HAIO - Changes in Director's Interest (S135) - Tan Kim Siong

      Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
      Company NameHAI-O ENTERPRISE BERHAD  
      Stock Name HAIO  
      Date Announced8 Jan 2014  
      CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
      Reference NoCP-140108-B8541

      Information Compiled By KLSE

      Particulars of Director

      NameTan Kim Siong
      Address15 Jalan Songket,
      Taman Maznah,
      Kg. Jawa,
      41000 Klang
      Selangor Darul Ehsan
      Descriptions(Class & nominal value)Ordinary shares of RM0.50 each

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transaction
      Date of change
      No of securities
      Price Transacted (RM)
      Others
      08/01/2014
      12,000
       

      Description of other type of transactionAcquisition of shares in the Company prior to his appointment.
      Circumstances by reason of which change has occurredDisclosure is made in conjunction with his appointment as the Independent Non-Executive Director of the Company.
      Nature of interestDirect
      Consideration (if any) 

      Total no of securities after change

      Direct (units)12,000 
      Direct (%)0.006 
      Indirect/deemed interest (units) 
      Indirect/deemed interest (%) 
      Date of notice08/01/2014

      Remarks :
      Mr Tan Kim Siong was appointed as the Independent Non-Executive Director of Hai-O Enterprise Berhad with effect from 8 January 2014.


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