March 18, 2014

Company announcements: MTOUCHE, KGB, SMARTAG, MYETFDJ, COMPUGT, WASEONG, PETGAS, AXIATA

MTOUCHE - OTHERS mTOUCHE TECHNOLOGY BERHAD (“THE COMPANY” OR “mTouche”) - Acquisition of shares in MTB Securenet Sdn. Bhd. (“MTB”) and Juz Technology Sdn. Bhd. (“Juz Tech”)

Announcement Type: General Announcement
Company NameMTOUCHE TECHNOLOGY BERHAD (ACE Market) 
Stock Name MTOUCHE  
Date Announced18 Mar 2014  
CategoryGeneral Announcement
Reference NoCA-140318-67461

TypeAnnouncement
SubjectOTHERS
DescriptionmTOUCHE TECHNOLOGY BERHAD (“THE COMPANY” OR “mTouche”)
- Acquisition of shares in MTB Securenet Sdn. Bhd. (“MTB”) and Juz Technology Sdn. Bhd. (“Juz Tech”)

The Board of Directors of mTouche is pleased to announce that the Company had on 18 March 2014 acquired two (2) ordinary shares of RM1.00 each at par from the following persons in MTB and Juz Tech, representing the entire issued and paid up share capital or 100% equity interest in MTB and Juz Tech (“Acquisition”), as follows:-

(a) MTB

Name of Subscribers/ Directors

No. of ordinary shares of RM1.00 each

Total Cash Consideration (RM)

Mohammed Izad Bin Ariffin

1

1.00

Mohd Hazrol Hisham Bin Osman

1

1.00

MTB was incorporated on 12 March 2014 under the Companies Act, 1965 as private limited company and the principal activity is research and development of existing or new technologies in the field of information technology and mobile application.

The authorised share capital of MTB is RM400,000 divided into 400,000 ordinary shares of RM1.00 each and the paid-up capital is RM2.00 divided into 2 ordinary shares of RM1.00 each.

(b) Juz Tech

Name of Subscribers/ Directors

No. of ordinary shares of RM1.00 each

Total Cash Consideration (RM)

Mohammed Izad Bin Ariffin

1

1.00

Mohd Hazrol Hisham Bin Osman

1

1.00

Juz Tech was incorporated on 21 January 2014 under the Companies Act, 1965 as private limited company and is currently dormant.

The authorised share capital of MTB is RM400,000 divided into 400,000 ordinary shares of RM1.00 each and the paid-up capital is RM2.00 divided into 2 ordinary shares of RM1.00 each.

Subsequent to the Acquisition, MTB and Juz Tech shall become wholly-owned subsidiaries of mTouche.

The Acquisition would not have material effect on mTouche Group’s earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding for the financial year ending 31 December 2014.

None of the Directors and/or major shareholders of the Company and/or persons connected to them has any interest, direct or indirect, in the Acquisition.

This announcement is dated 18 March 2014.



MTOUCHE - OTHERS mTOUCHE TECHNOLOGY BERHAD (“THE COMPANY” OR “mTouche”) Distributor Agreement entered between MTB Securenet Sdn. Bhd., a wholly owned subsidiary of mTouche and Compugates Sdn. Bhd., a wholly owned subsidiary of Compugates Holdings Berhad

Announcement Type: General Announcement
Company NameMTOUCHE TECHNOLOGY BERHAD (ACE Market) 
Stock Name MTOUCHE  
Date Announced18 Mar 2014  
CategoryGeneral Announcement
Reference NoCA-140318-66814

TypeAnnouncement
SubjectOTHERS
DescriptionmTOUCHE TECHNOLOGY BERHAD (“THE COMPANY” OR “mTouche”)
Distributor Agreement entered between MTB Securenet Sdn. Bhd., a wholly owned subsidiary of mTouche and Compugates Sdn. Bhd., a wholly owned subsidiary of Compugates Holdings Berhad

The Board of Directors of mTouche wishes to inform that MTB Securenet Sdn. Bhd. (“MTBSN”), a wholly owned subsidiary of mTouche, had on 18 March 2014 entered into a Distributor Agreement with Compugates Sdn. Bhd. (“CSB”), a wholly owned subsidiary of Compugates Holdings Berhad, appointing CSB as a Distributor to market and distribute Krypto SMS in Malaysia for the Company ("Appointment").


The Appointment will enable MTBSN a wide access to customers through CSB’s vast distribution network of more than 10,300 dealers, all of whom are strategically located in major market centers within Malaysia.


The Appointment is for an initial period of twelve (12) months from 18 March 2014 which may be renewed for successive one year terms.


Effect of Appointment
The Appointment is expected to contribute positively to mTouche Group’s earnings for the financial year ending 31 December 2014. However, the Appointment will not have any effect on the net assets, share capital and shareholdings structure of mTouche.

The Company does not foresee any exceptional risk other than the normal operational risk associated with the Appointment.

Directors’ and Major Shareholders’ Interets
None of the Directors or major shareholders or persons connected to the Directors or Major Shareholders has any direct or indirect interest in the Appointment.


This announcement is dated 18 March 2014.



KGB - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameKELINGTON GROUP BERHAD  
Stock Name KGB  
Date Announced18 Mar 2014  
CategoryGeneral Announcement
Reference NoMI-140318-66972

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionKELINGTON GROUP BERHAD ("KGB" OR "COMPANY")

(i) PROPOSED BONUS ISSUE OF SHARES;
(ii) PROPOSED BONUS ISSUE OF WARRANTS; AND
(iii) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL.

On behalf of the Board of Directors of KGB (“Board”), RHB Investment Bank Berhad (“RHB Investment Bank”) wishes to announce that the Company proposes to undertake the following:

(i) Proposed bonus issue of up to 57,561,000 new ordinary shares of RM0.10 each in KGB (“KGB Shares” or “Shares”) (“Bonus Shares”) on the basis of one (1) Bonus Share for every three (3) existing KGB Shares held at an entitlement date to be determined later (“Entitlement Date”) (“Proposed Bonus Issue of Shares”);

(ii) Proposed bonus issue of up to 57,561,000 warrants (“Warrants”) on the basis of one (1) Warrant for every three (3) existing KGB Shares held at the same entitlement date as the Proposed Bonus Issue of Shares (“Proposed Bonus Issue of Warrants”); and

(iii) Proposed increase in the authorised share capital of KGB from RM25,000,000 comprising 250,000,000 shares to RM50,000,000 comprising 500,000,000 Shares (“Proposed Increase in the Authorised Share Capital”).

(collectively referred to as the “Proposals”)

Further details on the Proposals are set out in the attachment.

This announcement is dated 18 March 2014.

Attachments

KGB_Proposals.pdf
344 KB



SMARTAG - OTHERS Smartag Solutions Berhad (“SSB” or “the Company”) – Acquisition of the Entire Issued and Paid-up share capital of LEYS International Limited

Announcement Type: General Announcement
Company NameSMARTAG SOLUTIONS BERHAD (ACE Market) 
Stock Name SMARTAG  
Date Announced18 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140317-46191

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionSmartag Solutions Berhad (“SSB” or “the Company”)
– Acquisition of the Entire Issued and Paid-up share capital of LEYS International Limited

Introduction

The Board of Directors of the Company wishes to announce that the Company has on 17 March 2014, acquired two (2) ordinary shares of HKD1 each representing the entire issued and paid-up shares capital of LEYS International Limited for a total cash consideration of HKD2 (“Acquisition”). Upon completion of the Acquisition, LEYS International Limited shall become a wholly-owned subsidiary of the Company.


Information on
LEYS International Limited

LEYS International Limited was incorporated on 17 December 2012 in Hong Kong.

The total issued and paid-up share capital of LEYS International Limited is HKD2 divided into 2 ordinary shares of HKD1 each. The principal activity of LEYS International Limited is investment holding.

The shares were acquired from Mr Yow Lock Sen and Mr Leong Yok Kin. The Directors of LEYS International Limited are Mr Yow Lock Sen and Mr Chang Junn.


LEYS International Limited wholly owns Guangzhou LEYS Information Technology Ltd ("Guangzhou LEYS"), a company established in China which is currently dormant. The intended principal activities of Guangzhou LEYS is to venture into food traceability business in China. The total issued and paid up share capital of Guangzhou LEYS Information Technology Ltd is RMB1,000,000.00 comprising of 1,000,000 ordinary shares of RMB1 each.

Directors' and/or Major Shareholders' Interests

Save for Mr Yow Lock Sen, the Chief Executive Officer and Mr Chang Junn, the Chief Financial Officer of the Company, none of the Directors and/or major shareholders of the Company and/or persons connected with them have any interests, direct or indirect, in the Acquisition.

Mr Yow Lock Sen declared his interest in the Acquisition by virtue of him being a Director and shareholder of LEYS International Limited and Mr Chang Junn declared his interest in the Acquisition by virtue of him being a Director of LEYS International Limited.


Financial Effects


The Acquisition is not expected to have any material impact on the Company and its subsidiaries and any effect on the earnings per share, net assets per share, share capital and substantial shareholder’s holding in the Company.

This announcement is dated 18 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 Announced18 Mar 2014  
CategoryGeneral Announcement
Reference NoMD-140318-66433

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 18-03-2014
Fund: MYETFDJ
NAV per unit (RM): 1.1439
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: 1,023.59

 

Attachments

Daily Fund Values180314.pdf
316 KB



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

Announcement Type: General Announcement
Company NameCOMPUGATES HOLDINGS BERHAD  
Stock Name COMPUGT  
Date Announced18 Mar 2014  
CategoryGeneral Announcement
Reference NoCP-140318-62162

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionCOMPUGATES HOLDINGS BERHAD
- Disposal of Properties by Compugates Sdn Bhd (“CSB” or "the Vendor"), a wholly-owned subsidiary of Compugates Holdings Berhad (“CHB” or “the Company”)

Further to announcement dated 12 March 2014, the Board of Directors of the Company wishes to provide additional information in relation to the Disposal of Properties by CSB, a wholly-owned subsidiary of CHB.

Please refer to the attachment for details of the announcement.

This announcement is dated 18 March 2014.

Attachments

Disposal of Properties.pdf
303 KB



COMPUGT - OTHERS COMPUGATES HOLDINGS BERHAD (“COMPUGATES” OR ‘THE COMPANY”) - DISTRIBUTOR AGREEMENT

Announcement Type: General Announcement
Company NameCOMPUGATES HOLDINGS BERHAD  
Stock Name COMPUGT  
Date Announced18 Mar 2014  
CategoryGeneral Announcement
Reference NoCP-140318-63053

TypeAnnouncement
SubjectOTHERS
DescriptionCOMPUGATES HOLDINGS BERHAD (“COMPUGATES” OR ‘THE COMPANY”)
- DISTRIBUTOR AGREEMENT

Compugates wishes to inform that Compugates Sdn. Bhd, (“CSB”) a wholly owned subsidiary of Compugates, had today entered into a Distributor Agreement (“the Agreement”) with MTB Securenet Sdn Bhd ("MTBSN"), a wholly owned subsidiary of mTouche Technology Berhad for the appointment of CSB as a Distributor to market and distribute Krypto SMS in Malaysia according to the terms and conditions stipulated in the Agreement as CSB has wide access to customers through its vast distribution network of more than 10,300 dealers, all of whom are strategically located in major market centres within Malaysia.

The Appointment is for an initial period of twelve (12) months from 18 March 2014 which may be renewed for successive one-year terms.

Effect of the Appointment

The Appointment is expected to contribute positively to Compugates Group’s earnings for the financial year ending 31 December 2014. However, the Appointment will not have any effect on the net assets, share capital and shareholdings structure of Compugates.

Directors’ and Major Shareholders’ Interests

None of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the Appointment.

This announcement is dated 18 March 2014.



WASEONG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced18 Mar 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoWS-140318-318B2

Date of buy back18/03/2014
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)20,000
Minimum price paid for each share purchased ($$)1.870
Maximum price paid for each share purchased ($$)1.880
Total consideration paid ($$)37,602.78
Number of shares purchased retained in treasury (units)20,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)5,424,557
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 (%)0.7


PETGAS - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePETRONAS GAS BERHAD  
Stock Name PETGAS  
Date Announced18 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPG-140318-B3FDE

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Share of RM1.00/share
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD

Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/03/2014
35,000
 

Circumstances by reason of which change has occurred1.Purchase of shares managed by portfolio manager (RHB INV)
Nature of interestDirect
Direct (units)269,239,600 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change269,239,600
Date of notice14/03/2014

Remarks :
The direct interest of 269,239,600 shares comprising:

a) 254,379,000 shares held by Citigroup Nominees Tempatan) Sdn. Bhd;

b) 1,497,600 shares held EPF Board;

c) 0 shares held by Employees Provident Fund Board (AMUNDI)

d) 253,500 shares held by Employees Provident Fund Board (KIB);

e) 693,900 shares held by Employees Provident Fund Board (HDBS);

f) 278,300 shares held by Employees Provident Fund Board (RHB INV);

g) 532,100 shares held by Employees Provident Fund Board (AM INV);

h) 6,591,400 shares held by Employees Provident Fund Board (NOMURA);

i) 4,543,800 shares held by Employees Provident Fund Board (CIMB PRI);

j) 470,000 shares held by Employees Provident Fund Board (ARIM);

Received Form 29B on 18 March 2014


AXIATA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced18 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-140317-1B29C

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holder1) Employees Provident Fund Board ("EPF Board")

Ibu Pejabat KWSP, Bangunan KWSP

Jalan Raja Laut, 50350 Kuala Lumpur



2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board

3) Citigroup EPF Board (AMUNDI)

4) Citigroup EPF Board (KIB)

5) Citigroup EPF Board (HDBS)

6) Citigroup EPF Board (RHB INV)

7) Citigroup EPF Board (AM INV)

8) Citigroup EPF Board (MAYBAN)

9) Citigroup EPF Board (KAF FM)

10) Citigroup EPF Board (NOMURA)

11) Citigroup EPF Board (CIMB PRI)

12) Citigroup EPF Board (ARIM)

13) Citigroup EPF Board (TEMPLETON)

14) Citigroup EPF Board (ABERDEEN)



Level 42, Menara Citibank

165 Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired12/03/2014
8,309,300
 
Disposed12/03/2014
700,000
 

Circumstances by reason of which change has occurred1. Citigroup EPF Board - Acquisition of 8,309,300 shares
2. Citigroup EPF Board (NOMURA)
- Disposal of 700,000 shares

Nature of interestDirect
Direct (units)1,080,779,006 
Direct (%)12.65 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,080,779,006
Date of notice13/03/2014

Remarks :
1) The total number of 1,080,779,006 ordinary shares comprised of the following:-



a) Citigroup EPF Board - 987,025,006

b) EPF Board - 3,332,900

c) Citigroup EPF Board (AMUNDI) - 3,381,250

d) Citigroup EPF Board (KIB) - 830,000

e) Citigroup EPF Board (HDBS) - 10,919,375

f) Citigroup EPF Board (RHB INV) - 2,655,000

g) Citigroup EPF Board (AM INV) - 7,022,650

h) Citigroup EPF Board (MAYBAN) - 1,780,000

i) Citigroup EPF Board (KAF FM) - 1,600,000

j) Citigroup EPF Board (NOMURA) - 34,621,300

k) Citigroup EPF Board (CIMB PRI) - 15,653,325

l) Citigroup EPF Board (ARIM) - 2,850,000

m) Citigroup EPF Board (TEMPLETON) - 3,408,200

n) Citigroup EPF Board (ABERDEEN) - 5,700,000



2) Form 29B received on 17 March 2014


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