March 27, 2014

Company announcements: GPACKET, MYETFDJ, MYETFID, KOMARK, ACME, LIONFIB, MAHSING

GPACKET - PUT OPTION AND TAG-ALONG AGREEMENT ("POTA")

Announcement Type: General Announcement
Company NameGREEN PACKET BERHAD  
Stock Name GPACKET  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoGP-140327-64659

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNS-140325-53152
SubjectPUT OPTION AND TAG-ALONG AGREEMENT ("POTA")
DescriptionGREEN PACKET BERHAD OR THE COMPANY
Query Letter Contents We refer to your announcement dated 21 March 2014 in respect of the above
captioned matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release :-

1. The basis of arriving at the consideration of the Option Shares of 200,000
Class B ICPS, together with the justification for the consideration.
2. The net profits and net assets of Packet One Networks (Malaysia) Sdn Bhd
("P1") based on its latest audited financial statements.
3. The effects of the exercise of the Put Option by Intel Capital Corporation
("Intel") on the earnings per share, net assets per share, gearing, share
capital and substantial shareholders' shareholding of Green Packet Berhad
("GPB") Group.
4. The rationale for the Put Option and Tag-Along Rights Agreement ("POTA").
5. The particulars of all libialities, including contigent liabilities and
guarantees to be assumed by GPB arising from the acquisition of the 200,000
Class B ICPS.
6. A statement by the board of directors, excluding interested directors
stating whether the POTA is in the best interest of GPB, and where a director
disagrees with such statement, a statement by the director setting out the
reasons and the factors taken into consideration in forming that opinion.





...2/-










Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully



TAN YEW ENG
Vice President, Issuers
Listing Division
Regulation


TYE/NZ
c.c:- General Manager & Head, Market Surveillance Department, Market Oversight
Division, Securities Commission (via fax)

We refer to the Company’s announcement dated 21 March 2014 on the Put Option and Tag-Along Agreement (“POTA”) and Bursa Malaysia Berhad’s query letter dated 25 March 2014.

The Company hereby furnishes the following additional information:

1. The consideration was arrived after considering amongst others the discounted cash flow method of valuation, comparable transactions and comparable trading multiples.

2. The net profits and net assets of Packet One Networks (Malaysia) Sdn Bhd (“P1”) based on its latest audited financial statements 31 December 2012 were RM124,455,603 and RM37,324,453.

3. The effects of the exercise of the POTA  by Intel Capital Corporation are as follows:

3.1.1 Issued and paid-up share capital

  The POTA will not have any effect on the issued and paid-up share capital of the Company.

3.1.2 Substantial shareholders’ shareholdings

The POTA will did not have any effect on the shareholdings of the substantial shareholders of GPB. However, the POTA has an effect on GPB’s shareholdings in P1, which is illustrated in Table A.

3.1.3 Earnings Per Share (“EPS”)

 The POTA is not expected to have a material effect on the EPS of the GPB Group.

3.1.4 Net Assets (“NA”) per share and gearing

The POTA is not expected to have a material effect on the NA per share and gearing of the Group.

4. The entry into the POTA was expected to provide an opportunity for the Company to increase its shareholdings in its major subsidiary, Packet One Networks (Malaysia) Sdn Bhd (“P1”).

5.  The liabilities (including contingent liabilities and guarantees) to be assumed by the Company, if any are immaterial

6. Statement by the Board

Having considered all aspects including the business and commercial factors, the Directors are of the opinion that the exercise of the POTA by the Company is in the best interests of the Company and Group.

 

This announcement is dated 27 March 2014.



MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoMD-140327-66481

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 27-03-2014
Fund: MYETFDJ
NAV per unit (RM): 1.1607
Units in Circulation (units): 255,100,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.05
License Fee (%p.a): 0.04
DJIM25 Index: 1,039.19

 

Attachments

Daily Fund Values270314.pdf
317 KB



MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoMM-140327-65640

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 27-03-2014
Fund: MYETFID
NAV per unit (RM): 1.0127
Units in Circulation (units): 20,000,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.045
License Fee (%p.a): 0.06
MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,363.50

 



KOMARK - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameKOMARKCORP BERHAD  
Stock Name KOMARK  
Date Announced27 Mar 2014  
CategoryChange in Boardroom
Reference NoCC-140327-E4195

Date of change27/03/2014
NameTan Kwe Hee
Age70
NationalityMalaysian
Type of changeRedesignation
Previous PositionJoint Chief Executive Officer
New PositionOthers
DirectorateExecutive
Qualifications1. Masters in Business Administration (London)
2. Associate in Banking (Malaysia)
3. Associate of Malaysian Institute of Management  
Working experience and occupation Mr Tan Kwe Hee was appointed as Executive Director of Komarkcorp Berhad on 16 August 2013 and redesignated as Joint Chief Executive Officer on 30 August 2013. He is also the Group Director of Bina Puri Holdings Bhd. He joined Bina Puri Holdings as Group Financial Advisor in 2003 and later on appointed as Group Executive Director in March 2013.  
Directorship of public companies (if any)Group Director of Bina Puri Holdings Bhd. 
Family relationship with any director and/or major shareholder of the listed issuerNone. 
Any conflict of interests that he/she has with the listed issuerNone. 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect interest of 4,747,000 ordinary shares of RM1.00 each in Komarkcorp Berhad ("the Company")
Indirect interest of 1,200,000 ordinary shares of RM1.00 each in the Company. Deemed interested in the securities held by his spouse Ho Say Lan, pursuant to Section 6A of the Companies Act, 1965.  

Remarks :
Mr Tan Kwe Hee has been promoted to Group Joint Chief Executive Officer with effect from 27 March 2014.


KOMARK - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameKOMARKCORP BERHAD  
Stock Name KOMARK  
Date Announced27 Mar 2014  
CategoryChange in Boardroom
Reference NoCC-140327-BA05D

Date of change27/03/2014
NameKoh Hong Muan @ Koh Gak Siong
Age66
NationalityMalaysian
Type of changeRedesignation
Previous PositionChief Executive Officer
New PositionOthers
DirectorateExecutive
QualificationsMalaysian Certificate of Education. 
Working experience and occupation Mr Koh Hong Muan @ Koh Gak Siong is the founder of Komarkcorp Group of Companies and is currently the Chief Executive Officer of the Komarkcorp Berhad. He is responsible for formulating the overall business development and corporate strategies for the Group. Mr Koh is a member of The Institute of Printing of the United Kingdom. 
Directorship of public companies (if any)None. 
Family relationship with any director and/or major shareholder of the listed issuerParent to Mr Koh Chie Jooi and Mr Koh Chee Mian. 
Any conflict of interests that he/she has with the listed issuerNone. 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect interest of 6,519,900 ordinary shares of RM1.00 each in Komarkcorp Berhad.
Indirect interest of 10,906,889 ordinary shares of RM1.00 each in Komarkcorp Berhad. 

Remarks :
Mr Koh Hong Muan @ Koh Gak Siong has been promoted to Group Chief Executive Officer with effect from 27 March 2014.


KOMARK - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameKOMARKCORP BERHAD  
Stock Name KOMARK  
Date Announced27 Mar 2014  
CategoryChange in Boardroom
Reference NoCC-140327-B9E0D

Date of change27/03/2014
NameKoh Chie Jooi
Age36
NationalityMalaysian
Type of changeRedesignation
Previous PositionManaging Director
New PositionExecutive Director
DirectorateExecutive
QualificationsDegree in Bachelor Of Commerce 
Working experience and occupation Mr Koh Chie Jooi was appointed as the Executive Director of the Board of Komarkcorp Berhad on 27 June 2002. On 16 May 2011, he was appointed as the Managing Director of Komarkcorp Group. Mr Koh is a Member of CPA Australia and a Chartered Accountant of The Malaysian Institute of Accountants. Currently, Mr Koh is the person-in-charge for the overall operations in South East Asia. 
Directorship of public companies (if any)None. 
Family relationship with any director and/or major shareholder of the listed issuerChild of Mr Koh Hong Muan @ Koh Gak Siong and brother of Mr Koh Chee Mian. 
Any conflict of interests that he/she has with the listed issuerNone. 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect interest - Nil
Indirect interest of 17,426,789 ordinary shares of RM1.00 each in Komarkcorp Berhad. Deemed interested in the shares by virtue of Section 122A(1)(a) of the Companies Act, 1965, held through his parent, namely Mr Koh Hong Muan @ Koh Gak Siong.  


KOMARK - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameKOMARKCORP BERHAD  
Stock Name KOMARK  
Date Announced27 Mar 2014  
CategoryChange in Boardroom
Reference NoCC-140327-55826

Date of change27/03/2014
NameKoh Chee Mian
Age34
NationalityMalaysian
Type of changeRedesignation
Previous PositionDeputy Managing Director
New PositionExecutive Director
DirectorateExecutive
QualificationsDegree in Bachelor of Engineering 
Working experience and occupation Mr Koh Chee Mian was appointed as the Executive Director of the Board of Komarkcorp Berhad on 15 December 2003. On 16 May 2011, he was appointed as the Deputy Managing Director of Komarkcorp Group. Currently, Mr Koh is the person-in-charge for the overall operations in China. 
Directorship of public companies (if any)None. 
Family relationship with any director and/or major shareholder of the listed issuerChild of Mr Koh Hong Muan @ Koh Gak Siong and brother of Mr Koh Chie Jooi 
Any conflict of interests that he/she has with the listed issuerNone. 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect interest - 206,100 ordinary shares
Indirect interest of 17,426,789 ordinary shares of RM1.00 each in Komarkcorp Berhad. Deemed interested in the shares by virtue of Section 122A(1)(a) of the Companies Act, 1965, held through his parent, namely Mr Koh Hong Muan @ Koh Gak Siong. 


ACME - Consolidated results for the financial period ended 31/1/2014

Announcement Type: Financial Results
Company NameACME HOLDINGS BERHAD  
Stock Name ACME  
Date Announced27 Mar 2014  
CategoryFinancial Results
Reference NoCA-140327-64923

Financial Year End31/03/2014
QuarterOther
Quarterly report for the financial period ended31/01/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/01/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
Three Mths
Three Mths
Three Mths
Three Mths
01/11/2013
01/11/2012
01/11/2013
01/11/2012
To
31/01/2014
To
31/01/2013
To
31/01/2014
To
31/01/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
7,373
7,332
18,974
31,372
2Profit/(loss) before tax
579
-376
1,163
1,477
3Profit/(loss) for the period
-321
-499
273
821
4Profit/(loss) attributable to ordinary equity holders of the parent
-321
-499
273
821
5Basic earnings/(loss) per share (Subunit)
-0.15
-0.24
0.13
0.39
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.2464
0.2451
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


LIONFIB - Changes in Sub. S-hldr's Int. (29B) - STEELCORP SDN BHD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameLION FOREST INDUSTRIES BERHAD  
Stock Name LIONFIB  
Date Announced27 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoLF-140327-6B08A

Particulars of substantial Securities Holder

NameSTEELCORP SDN BHD
AddressLevel 14, Office Tower, No. 1 Jalan Nagasari (Off Jalan Raja Chulan), 50200 Kuala Lumpur
NRIC/Passport No/Company No.144527U
Nationality/Country of incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderUmatrac Enterprises Sdn Bhd
Level 14, Office Tower
No. 1 Jalan Nagasari (Off Jalan Raja Chulan)
50200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/03/2014
86,700
 
Disposed24/03/2014
30,000
 

Circumstances by reason of which change has occurredBy virtue of Section 6A(4)(c)
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change174,207,225
Date of notice27/03/2014


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

Announcement Type: General Announcement
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced27 Mar 2014  
CategoryGeneral Announcement
Reference NoMS-140327-BE841

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 following principal officer has given his notices of dealings in the securities of Mah Sing Group Berhad as detailed hereunder:

Name of Principal Officer

Description of Securities

Date of Transaction

Type of Transaction

Price per Share

No. of Shares

% of Issued Share Capital

Teh Heng Chong

Ordinary shares of RM0.50 each

24.03.2014

Disposal

RM2.15

150,000

0.011

25.03.2014

Disposal

RM2.15

300,000

0.021

This announcement is dated 27 March 2014.



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