MTOUCHE - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | MTOUCHE TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | MTOUCHE |
| Date Announced | 25 Mar 2014 |
| Category | General Announcement |
| Reference No | CA-140324-61700 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | mTOUCHE TECHNOLOGY BERHAD (“THE COMPANY” OR “mTouche”) Proposed Acquisition of mTouche (Cambodia) Co., Ltd. |
1. INTRODUCTION The Board of Directors of mTouche (“Purchaser”) wishes to announce that the Company had on 25 March 2014 entered into a Share Sale Agreement with Mr Low Keng Fei (“Vendor”) for the acquisition of a total of 5,000 ordinary shares of KHR4,000 each in mTouche (Cambodia) Co., Ltd. (“MCCL”) (Registration No.: Co. 0439 E/2013), representing 100% or the entire equity interest of MCCL for a total cash consideration of USD5,000 (“Purchase Price”) only (equivalent to approximately RM16,500) (“Proposed Acquisition”) Consequently, MCCL becomes a wholly-owned subsidiary of mTouche. 2. DETAILS OF THE PROPOSED ACQUISITION 2.1 INFORMATION ON MCCL MCCL was incorporated in Cambodia on 11 March 2013 under Laws of the Kingdom of Cambodia as a private limited company and is principally engaged in the provision of mobile applications and related technology services. MCCL has an authorised and paid-up share capital of KHR20,000,000 divided into 5,000 ordinary shares with a par value of KHR4,000 each, of which have been issued and fully paid up (“Shares”). The Shares are currently held by Mr Low Keng Fei, the Chief Executive Officer of the Company. The original cost of investment of MCCL is USD5,000 upon its incorporation. The Director of MCCL is Mr Low Keng Fei. 3. JUSTIFICATION AND BASIS OF ARRIVING AT THE PURCHASE CONSIDERATION 3.1 Basis of Determining the Purchase Consideration The Purchase Consideration of USD5,000 (equivalent to approximately RM16,500) was arrived at on a willing-buyer and willing-seller basis after taking into consideration the initial cost of investment of the Vendor. 3.2 The Salient Terms of the Share Sale Agreement (“Agreement”) MCCL agrees to sell and the Company agrees to purchase the Shares at the Purchase Consideration and upon the terms and conditions contained in the Agreement. The salient terms of the Agreement in relation to the Proposed Acquisition are as follows:- Agreement for Sale Subject to the terms and conditions in the Agreement, the Vendor shall sell, as legal and beneficial owner, and the Purchaser agree to purchase the Shares free from all encumbrances and with all rights, benefits and advantages accrued or attaching to the Shares. 3.3 Source of Funding The Purchase Consideration will be satisfied by internal generated funds. 3.4 Liabilities to be assumed There are no liabilities including contingent liabilities and guarantees to be assumed by the Company or MCCL arising from the transaction. 4. RATIONALE FOR THE PROPOSED ACQUISITION The Proposed Acquisition will enable the Company to embark on business opportunities in Cambodia. 5. PROSPECTS The Proposed Acquisition is expected to contribute positively to the future financial performance of mTouche Group. 6. RISK FACTORS The Board of Directors of mTouche does not foresee any new material risk factors arising from the Proposed Acquisition apart from various risks factors in the Group’s current operations. 7. FINANCIAL EFFECTS 7.1 Issued and Paid-Up Capital and Substantial Shareholders’ Shareholdings The Proposed Acquisition will not have any effect on the issued and paid-up share capital and substantial shareholders’ shareholdings of mTouche as it does not involve issuance of new shares. 7.2 Earnings, Net Assets and Gearing The Proposed Acquisition will not have any material effect on the earnings, net assets and gearing of the Group for the financial year ending 31 December 2014. 8. HIGHEST PERCENTAGE RATIO The highest percentage ratio applicable for the Proposed Acquisition pursuant to Rule 10.02(g) of the Listing Requirements of Bursa Malaysia Securities Berhad for the ACE Market is 0.20%, which is the total assets of MCCL compared with the total assets of the of mTouche as at 31 December 2012. 9. APPROVAL REQUIRED The Acquisition is not subject to the approval of the shareholders of mTouche or any other relevant authorities. 10. ESTIMATED TIMEFRAME FOR COMPLETION Barring any unforeseen circumstances, the Proposed Acquisition is expected to be completed by 25 March 2014. 11. DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED Save as the disclosure that Mr Low Keng Fei, the sole director and shareholder of MCCL and the Chief Executive Officer of mTouche, is interested in the Proposed Acquisition, none of the Directors and/or Major Shareholders of the Company and/or persons connected to the Directors and/or Major Shareholders have any interest, whether directly or indirectly, in the Proposed Acquisition. 12. AUDIT COMMITTEE’S STATEMENT The Audit Committee of mTouche after having considered all aspects of the Proposed Acquisition including the rationale and financial effects, is of the opinion that the Proposed Acquisition is: (i) In the best interest of the company; (ii) Fair, reasonable and on normal commercial terms; and (iii) Not detrimental to the interest of the minority shareholders. 13. STATEMENT BY DIRECTORS After taking into consideration all aspects of the Proposed Acquisition, the Board of Directors of the Company is of the opinion that the Proposed Acquisition is in the best interests of the Group. 14. DOCUMENTS FOR INSPECTION A copy of the Agreement relating to the Proposed Acquisition will be made available for inspection at the registered office of the Company at 10th Floor, Menara Hap Seng, No. 1 & 3, Jalan P. Ramlee, 50250 Kuala Lumpur during normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement. | |
MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
| Stock Name | MYETFDJ |
| Date Announced | 25 Mar 2014 |
| Category | General Announcement |
| Reference No | MD-140325-66321 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 25-03-2014 Fund: MYETFDJ NAV per unit (RM): 1.1554 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: 1,034.50 |
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MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | MYETF MSCI MALAYSIA ISLAMIC DIVIDEND |
| Stock Name | MYETFID |
| Date Announced | 25 Mar 2014 |
| Category | General Announcement |
| Reference No | MM-140325-67589 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 25-03-2014 Fund: MYETFID NAV per unit (RM): 1.0103 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: 2,358.10 |
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AMBANK - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AMMB HOLDINGS BERHAD |
| Stock Name | AMBANK |
| Date Announced | 25 Mar 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AH-140325-30A83 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur 1. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board [Acquisition of 1,115,500 shares] 2. Employees Provident Fund Board 3. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KIB) 4. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (MAYBAN) 5. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) 6. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) 7. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) 8. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) 9. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (TEMPLETON) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 20/03/2014 | 1,115,500 |
| Remarks : |
| This notice was received on 25 March 2014. |
IOICORP - Changes in Director's Interest (S135) - Dato' Lee Yeow Chor
| Company Name | IOI CORPORATION BERHAD |
| Stock Name | IOICORP |
| Date Announced | 25 Mar 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | IC-140325-4333C |
Information Compiled By KLSE
Particulars of Director
| Name | Dato' Lee Yeow Chor |
| Address | No. 6, Jalan Beverly Utama, IOI Resort, 62502 Putrajaya, Malaysia |
| Descriptions(Class & nominal value) | Ordinary Shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 840,000 | 4.680 | |
Acquired | 600,000 | 4.760 | |
Acquired | 3,291,500 | 4.810 |
| Circumstances by reason of which change has occurred | Purchase of shares by Vertical Capacity Sdn. Bhd. from the open market. |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 8,340,400 |
| Direct (%) | 0.131 |
| Indirect/deemed interest (units) | 2,909,286,680 |
| Indirect/deemed interest (%) | 45.82 |
| Date of notice | 24/03/2014 |
| Remarks : |
| Deemed interested by virtue of his interest in Progressive Holdings Sdn. Bhd., which in turn holds 100% equity interest in Vertical Capacity Sdn. Bhd. and also interest in share of his spouse, Datin Joanne Wong Su-Ching under Section 134(12)(c) of the Companies Act 1965. We received the Notice by a Director pursuant to Section 135 of the Companies Act, 1965 of Dato' Lee Yeow Chor on 25 March 2014. |
IOICORP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | IOI CORPORATION BERHAD |
| Stock Name | IOICORP |
| Date Announced | 25 Mar 2014 |
| Category | General Announcement |
| Reference No | IC-140325-43330 |
| Type | Announcement | ||||||||||||||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||||||||||||||||||||||||
| Description | IOI CORPORATION BERHAD NOTIFICATION UNDER CHAPTER 14 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ON DEALINGS IN SECURITIES | ||||||||||||||||||||||||||||||||||||
We wish to announce that the following Directors have given notices of their dealing in the securities of IOI Corporation Berhad through Vertical Capacity Sdn Bhd pursuant to Paragraph 14.09 (a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad:-
Notes: * Deemed interested by virtue of his interests in Progressive Holdings Sdn. Bhd., which in turn holds 100% equity interest in Vertical Capacity Sdn. Bhd. and shares held by his children, Dato' Lee Yeow Chor and Lee Yeow Seng under Section 6A of the Companies Act, 1965 (the "Act") and also interest in shares of daughters, Lee Yoke Ling, Lee Yoke Har, Lee Yoke Hean and Lee Yoke Hui under Section 134(12)(c) of the Act. ^ Deemed interested by virtue of his interests in Progressive Holdings Sdn. Bhd., which in turn holds 100% equity interest in Vertical Capacity Sdn. Bhd. and also interest in shares of his spouse, Datin Joanne Wong Su-Ching under Section 134(12)(c) of the Act. # Deemed interested by virtue of his interests in Progressive Holdings Sdn. Bhd., which in turn holds 100% equity interest in Vertical Capacity Sdn. Bhd. This announcement is dated 25 March 2014.
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IOICORP - Changes in Director's Interest (S135) - Lee Yeow Seng
| Company Name | IOI CORPORATION BERHAD |
| Stock Name | IOICORP |
| Date Announced | 25 Mar 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | IC-140325-43320 |
Information Compiled By KLSE
Particulars of Director
| Name | Lee Yeow Seng |
| Address | No. 8, Lingkungan 3, Diamond Hill, IOI Resort, 62502 Putrajaya, Malaysia |
| Descriptions(Class & nominal value) | Ordinary Shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 840,000 | 4.680 | |
Acquired | 600,000 | 4.760 | |
Acquired | 3,291,500 | 4.810 |
| Circumstances by reason of which change has occurred | Purchase of shares by Vertical Capacity Sdn. Bhd. from the open market. |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 3,517,900 |
| Direct (%) | 0.055 |
| Indirect/deemed interest (units) | 2,909,191,680 |
| Indirect/deemed interest (%) | 45.819 |
| Date of notice | 24/03/2014 |
| Remarks : |
| Deemed interested by virtue of his interest in Progressive Holdings Sdn. Bhd. which in turn holds 100% equity interest in Vertical Capacity Sdn. Bhd. We received the Notice by a Director pursuant to Section 135 of the Companies Act, 1965 of Mr Lee Yeow Seng on 25 March 2014. |
IOICORP - Changes in Director's Interest (S135) - Tan Sri Dato' Lee Shin Cheng
| Company Name | IOI CORPORATION BERHAD |
| Stock Name | IOICORP |
| Date Announced | 25 Mar 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | IC-140325-4332D |
Information Compiled By KLSE
Particulars of Director
| Name | Tan Sri Dato' Lee Shin Cheng |
| Address | No. 8, Lingkungan 3, Diamond Hill, IOI Resort, 62502 Putrajaya, Malaysia |
| Descriptions(Class & nominal value) | Ordinary Shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 840,000 | 4.680 | |
Acquired | 600,000 | 4.760 | |
Acquired | 3,291,500 | 4.810 |
| Circumstances by reason of which change has occurred | Purchase of shares by Vertical Capacity Sdn. Bhd. from the open market. |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 66,476,300 |
| Direct (%) | 1.047 |
| Indirect/deemed interest (units) | 2,923,341,080 |
| Indirect/deemed interest (%) | 46.042 |
| Date of notice | 24/03/2014 |
| Remarks : |
| Deemed interested by virtue of his interests in Progressive Holdings Sdn. Bhd., which in turn holds 100% equity interest in Vertical Capacity Sdn. Bhd. and shares held by his children, Dato' Lee Yeow Chor and Lee Yeow Seng under Section 6A of the Companies Act, 1965 (the "Act") and also interest in shares of daughters, Lee Yoke Ling, Lee Yoke Har, Lee Yoke Hean and Lee Yoke Hui under Section 134(12)(c) of the Act. We received the Notice by a Director pursuant to Section 135 of the Companies Act, 1965 of Tan Sri Dato' Lee Shin Cheng on 25 March 2014. |
LIONDIV - Changes in Director's Interest (S135) - Tan Sri Cheng Heng Jem
| Company Name | LION DIVERSIFIED HOLDINGS BERHAD |
| Stock Name | LIONDIV |
| Date Announced | 25 Mar 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | LD-140324-57059 |
Information Compiled By KLSE
Particulars of Director
| Name | Tan Sri Cheng Heng Jem |
| Address | A-16-1, Blok A, Satu Residensi No. 1 Jalan Nagasari (Off Jalan Raja Chulan) 50200 Kuala Lumpur |
| 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) |
Disposed | 5,500,000 | 0.165 | |
Disposed | 500,000 | 0.160 |
| Circumstances by reason of which change has occurred | Disposals by Narajaya Sdn Bhd, a company in which Tan Sri Cheng Heng Jem has a substantial interest, of a total of 6,000,000 ordinary shares of RM0.50 each in Lion Diversified Holdings Berhad ("Shares"). |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 364,586,607 |
| Direct (%) | 26.19 |
| Indirect/deemed interest (units) | 330,951,932 |
| Indirect/deemed interest (%) | 23.77 |
| Date of notice | 25/03/2014 |
| Remarks : |
| (a) This disclosure also serves as a notification pursuant to Chapter 14 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements. (b) The aforesaid 6,000,000 Shares represent 0.431% of the issued and paid-up capital of the Company. |
LIONDIV - Changes in Director's Interest (S135) - Tan Sri Cheng Yong Kim
| Company Name | LION DIVERSIFIED HOLDINGS BERHAD |
| Stock Name | LIONDIV |
| Date Announced | 25 Mar 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | LD-140324-58449 |
Information Compiled By KLSE
Particulars of Director
| Name | Tan Sri Cheng Yong Kim |
| Address | 1103 Apartment Desa Kudalari Lorong Kuda Jalan Tun Razak 50450 Kuala Lumpur |
| 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) |
Acquired | 5,500,000 | 0.165 | |
Acquired | 500,000 | 0.160 |
| Circumstances by reason of which change has occurred | Acquisitions by Dynamic Horizon Holdings Limited, a company in which Tan Sri Cheng Yong Kim has a substantial interest, of a total of 6,000,000 ordinary shares of RM0.50 each in Lion Diversified Holdings Berhad ("Shares"). |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 9,841,337 |
| Direct (%) | 0.71 |
| Indirect/deemed interest (units) | 366,900,000 |
| Indirect/deemed interest (%) | 26.35 |
| Date of notice | 25/03/2014 |
| Remarks : |
| (a) This disclosure also serves as a notification pursuant to Chapter 14 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements. (b) The aforesaid 6,000,000 Shares represent 0.431% of the issued and paid-up capital of the Company. |
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