March 20, 2014

Company announcements: MYETFDJ, AIRPORT, HYTEXIN, YOKO

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 Announced20 Mar 2014  
CategoryGeneral Announcement
Reference NoMD-140320-68895

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 20-03-2014
Fund: MYETFDJ
NAV per unit (RM): 1.1428
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: 1,022.84

 

Attachments

Daily Fund Values200314.pdf
316 KB



AIRPORT - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameMALAYSIA AIRPORTS HOLDINGS BERHAD  
Stock Name AIRPORT  
Date Announced20 Mar 2014  
CategoryGeneral Meetings
Reference NoMA-140313-46020

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting20/03/2014
Time11:00 AM
VenueGateway Ballroom, Level 1, Sama-Sama Hotel, Kuala Lumpur International Airport, Jalan CTA 4B, 64000 KLIA, Sepang, Selangor Darul Ehsan.
Outcome of Meeting

Malaysia Airports Holdings Berhad ("MAHB") wishes to announce that all resolutions as set out in the Notice of the 15th Annual General Meeting ("AGM") dated 26 February 2014, with the exception of the following Resolution 10 which was withdrawn before the start of the AGM, have been approved by the shareholders at the 15th AGM held today:-

Resolution 10, which was withdrawn, provided for authority to issue and allot shares pursuant to Section 132D of the Companies Act, 1965.

The decision to withdraw the said resolution was made after intensive discussion by the Board of Directors of MAHB (the "Board") and the Board opined that it is no longer a necessity to propose to the shareholders the Ordinary Resolution No. 10 authorising the Directors pursuant to Section 132D of the Companies Act, 1965 to issue and allot shares in the Company not exceeding 10% of the total issued share capital of the Company during this financial year ("Resolution 10").


The Resolution 10 had been initially proposed mainly to seek mandate from the shareholders for the following reasons:-


1) To allow the Company to complete the Proposed Private Placement which was announced on 23 December 2013. Bursa Malaysia Securities Berhad had vide its letter dated 5 February 2014 approved the application for the listing of the Placement Shares pursuant to the Proposed Private Placement. Hence, in the event that the market condition had been unfavourable, Resolution 10 would have provided flexibility for the Proposed Private Placement to be completed after the expiry of the mandate which was previously approved during the 14th AGM last year on 28 March 2013; and


2) In the event that the Company had decided not to proceed with the Proposed Private Placement above, this resolution would have given the Company the flexibility to undertake future possible fund raising pursuant to Section 132D of the Companies Act, 1965.

However, as the Proposed Private Placement was successfully completed on 12 March 2014 (well before the expiry date of the mandate on 20 March 2014), there is no longer a requirement at this stage to obtain shareholders’ approval on the authority to issue and allot shares pursuant to Section 132D of the Companies Act, 1965.


This announcement is dated 20 March 2014.



HYTEXIN - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced20 Mar 2014  
CategoryGeneral Announcement
Reference NoCS-140320-64499

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionHYTEX INTEGRATED BERHAD ("HIB" OR "THE COMPANY")
- APPLICATION FOR EXTENSION OF RESTRAINING ORDER PURSUANT TO SECTION 176(10) OF THE COMPANIES ACT, 1965

Further to the Company’s announcements dated 13 December 2013 and 23 December 2013, the Board wishes to announce that the Company and its subsidiaries namely Hytex Apparel Sdn Bhd and Hytex Garments (M) Sdn Bhd had on 19 March 2014, filed for an extension of the Restraining Order application pursuant to Section 176(1) and Section 176(10) of the Companies Act, 1965 ("RO extension”) which was initially granted by Kuala Lumpur High Court on 20 December 2013 for a period of ninety (90) days ending on 19 March 2014.

The RO extension is not expected to have any impact on the financial and operational matters of the HIB Group as the RO extension is to facilitate the finalisation of the debt restructuring scheme (“DRS”), which is one of the proposals in respect of the Company’ proposed regularisation plan to be undertaken to address the Company’s PN17 classification.

The full details of the DRS and the proposed regularisation plan will be announced by the Company in due course as well as any development on this matter.

This announcement is dated 20 March 2014.



HYTEXIN - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced20 Mar 2014  
CategoryGeneral Announcement
Reference NoCS-140319-63785

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionHYTEX INTEGRATED BERHAD ("HIB" OR "THE COMPANY")
- WINDING-UP PETITION BY UNITED OVERSEAS BANK (MALAYSIA) BERHAD ("PETITIONER") SERVED ON HIB AND HYTEX APPARELS SDN. BHD. ("HASB"), A WHOLLY-OWNED SUBSIDIARY OF HIB (“WINDING-UP PETITION”)

In the High Court of Malaya at Kuala Lumpur Commercial Division (Companies (Winding Up) No: 28NCC-884-10/2013)

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 16 October 2013 in relation to the Winding-Up Petition.

Further to the Company’s announcements made on 16 October 2013, 22 October 2013, 15 November 2013, 21 November 2013, 10 December 2013, 17 December 2013, 23 December 2013 and the Company’s announcements made on 23 December 2013 and 20 March 2014 in respect of the Restraining Order, the Board of Directors of the Company wishes to announce that on 20 March 2014, the Company pleaded for the hearing of the Winding-Up Petition to be adjourned pending the grant of the Company’s application for the extension of the Restraining Order made on 19 March 2014. The Court had on 20 March 2014, granted the Company and HASB an adjournment to 31 March 2014 for the hearing of the Winding-Up Petition.

Further development on the above matter will be announced to Bursa Malaysia Securities Berhad as and when necessary.

This announcement is dated 20 March 2014.



HYTEXIN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced20 Mar 2014  
CategoryGeneral Announcement
Reference NoCS-140320-63989

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHYTEX INTEGRATED BERHAD ("HIB" OR "THE COMPANY")
- ARBITRATION
HIB VS MSIG INSURANCE (MALAYSIA) BERHAD (“MSIG”)

Further to the Company’s announcement made on 28 December 2012, the Board of Directors of HIB wishes to announce that the case shall be heard in Arbitration as per Proposed Consent Order Terms dated 6 November 2012.

The Company had on 17 March 2014, filed the witness statement and both the Company and MSIG’s (“Respondent”) solicitors had exchange their respective witness statements accordingly. The Company is required to reply to the Respondent's witness statement by 31 March 2014.

Further development on the above matter will be announced to Bursa Malaysia Securities Berhad as and when necessary.

This announcement is dated 20 March 2014.


YOKO - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameYOKOHAMA INDUSTRIES BERHAD  
Stock Name YOKO  
Date Announced20 Mar 2014  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCC-140320-F4D0E

Date of buy back from07/03/2014
Date of buy back to17/03/2014
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)13,900
Minimum price paid for each share purchased ($$)1.180
Maximum price paid for each share purchased ($$)1.180
Total amount paid for shares purchased ($$)16,522.34
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)13,900
Total number of shares retained in treasury (units)1,815,300
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies20/02/2014
Lodged by AD-CONSULT SDN. BHD.


No comments:

Post a Comment