April 17, 2014

Company announcements: MTRONIC, EFORCE, MQTECH, ETITECH, FBMKLCI-EA, CIMB

MTRONIC - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameMETRONIC GLOBAL BERHAD  
Stock Name MTRONIC  
Date Announced17 Apr 2014  
CategoryGeneral Announcement
Reference NoOS-140416-37685

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionMETRONIC GLOBAL BERHAD (“MGB” OR “THE COMPANY”)

PRIVATE PLACEMENT OF UP TO 63,490,600 NEW ORDINARY SHARES OF RM0.10 EACH IN MGB TO INDEPENDENT THIRD PARTY INVESTORS (“PRIVATE PLACEMENT”)

On behalf of the Board of Directors of MGB, M&A Securities Sdn Bhd (“M&A Securities”) is pleased to announce that the Private Placement is deemed completed following the listing of and quotation for 7,490,600 Placement Shares on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m., 17 April 2014.

 

This announcement is dated 17 April 2014.



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

Announcement Type: General Announcement
Company NameEXCEL FORCE MSC BERHAD  
Stock Name EFORCE  
Date Announced17 Apr 2014  
CategoryGeneral Announcement
Reference NoCC-140416-56720

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionProposed Disposal of Office Premises at Jaya One known as Parcel No. 33-3A, 35-3A, 37-3A & 39-3A, Block C, No. 72A, Jalan Universiti, 46200 Petaling Jaya, Selangor

The Board of Directors of Excel Force MSC Berhad wishes to announce that the Company, had on 17 April 2014 entered into Sale and Purchase Agreements with the Purchaser, Dato’ Wee Hoe Soon @ Gooi Hoe Soon in respect of the Company’s proposed disposal of the office premises at Jaya One for a total cash consideration of RM5,000,000.00.

Please refer to the attachment for further details of the announcement.



MQTECH - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced17 Apr 2014  
CategoryChange in Audit Committee
Reference NoCC-140322-AE42A

Date of change17/04/2014
NameLim Teong Lee
Age56
NationalitySingaporean
Type of changeCessation of Office
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
QualificationsGraduated from Tata Government Training Centre (1978). 
Working experience and occupation Upon graduation, he joined EM Tool Ptd Ltd as tool & die maker and was promoted to Supervisor in year 1983. Subsequently, he joined DCM Univac Ptd Ltd as superintendent and with continue good track record and performance, he was recruited as manager at TEK Precision Tooling Ptd Ltd since 1989. In year 2000, with vast experience and exposure, he joined TEK Guthrie Ptd Ltd as manager and later promoted to become Engineering Director.  
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect interest : 1,000,000 shares in MQ Technology Berhad  
Composition of Audit Committee (Name and Directorate of members after change)1. Teh Su Kang : Member (Independent Non-Executive Director)
2. Henry Khoo Peng Yeam : Member (Independent Non-Executive Director


MQTECH - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced17 Apr 2014  
CategoryChange in Boardroom
Reference NoCC-140322-BC7A1

Date of change17/04/2014
NameChin Tee Kheng
Age47
NationalityMalaysian
DesignationExecutive Director
DirectorateExecutive
Type of changeResignation
ReasonDue to personal and other business commitment
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsHe graduated from the Philip Government Training Centre in 1990.  
Working experience and occupation Upon his graduation, he served the Philip Government Training Centre of Singapore as a workshop assistant and training the other students of the Centre. Subsequently, he joined Charmilles Technologies (SEA) Pte Ltd, a worldwide supplier for Electrical Discharge Machine (EDM), as an Application Engineer. During his seven (7) years in the company, he travelled extensively to most of the countries in South East Asia to provide technical support for the setting up of new workshops and tool rooms for customers of the company. He was also involved in R&D work on EDM wire machines, test cut on lead frames, IC moulds, punches and dies, jigs and fixtures.


He also had the opportunity to assist on management and planning for subordinate engineers.

With his extensive exposure in the industry, he decided to channel his knowledge into his own company, Microlead Precision Technology Sdn. Bhd. which he set up with Tan Cheow Boon. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 


MQTECH - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced17 Apr 2014  
CategoryChange in Boardroom
Reference NoCC-140322-AE428

Date of change17/04/2014
NameLim Teong Lee
Age56
NationalitySingaporean
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
Type of changeResignation
ReasonDue to personal commitment
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsGraduated from Tata Government Training Centre (1978). 
Working experience and occupation Upon graduation, he joined EM Tool Ptd Ltd as tool & die maker and was promoted to Supervisor in year 1983. Subsequently, he joined DCM Univac Ptd Ltd as superintendent and with continue good track record and performance, he was recruited as manager at TEK Precision Tooling Ptd Ltd since 1989. In year 2000, with vast experience and exposure, he joined TEK Guthrie Ptd Ltd as manager and later promoted to become Engineering Director.  
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect Interest : 1,000,000 shares in MQ Technology Berhad  


MQTECH - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced17 Apr 2014  
CategoryChange in Boardroom
Reference NoCC-140322-A124A

Date of change17/04/2014
NameLim Soon Seng
Age55
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsHe qualified as a Certified Public Accountant from the Malaysian Institute of Public Accountants in 1986. He is currently a member of the Malaysian Institute of Accountants. 
Working experience and occupation He has over 20 years working experience in audit, treasury and financial management with accounting firms such as Price Waterhouse and Touche Ross, and a multinational, Northern Telecom (Nortel). He was formerly the Executive Director and Chief Financial Officer of Mlabs Systems Berhad , a public company listed on Mesdaq (now ACE) on KLSE. He was one of the pioneers of Mlabs who has managed and guided Mlabs from a startup to its eventual listing in 2005. With Mlabs , he played a key role in restructuring and preparing the group for listing. He has also been involved in several startup companies, helping them to commercialize R&D results and technologies developed by Malaysian public universities. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 


MQTECH - OTHERS MQ TECHNOLOGY BERHAD ("MQ" or "the Company") - Changes in the composition of the Audit Committee, Nomination Committee and Remuneration Committe

Announcement Type: General Announcement
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced17 Apr 2014  
CategoryGeneral Announcement
Reference NoCC-140317-D12FA

TypeAnnouncement
SubjectOTHERS
DescriptionMQ TECHNOLOGY BERHAD ("MQ" or "the Company")
- Changes in the composition of the Audit Committee, Nomination Committee and Remuneration Committe

The Board of Directors of MQ wishes to announce that Mr. Lim Teong Lee resigned as Director of the Company on 17 April 2014.

Concurrent with his resignation, he ceased to be Chairman/member of Audit Committee, member of Nomination Committee and Chairman/member of Remuneration Committee.

The composition of the Audit Committee, Nomination Committee and Remuneration Committee after change are as follows:-

Audit Committee:-

1. Teh Su Kang : Member (Independent Non-Executive Director)

2. Henry Khoo Peng Yeam : Member (Independent Non-Executive Director)

Nomination Committee:-

1. Henry Khoo Peng Yeam : Chairman (Independent Non-Executive Director)

2. Teh Su Kang : Member (Independent Non-Executive Director)

Remuneration Committee:-

1.Tan Cheow Boon: Member (Independent Non-Executive Director)

2. Teh Su Kang : Member (Independent Non-Executive Director)

The announcements on the appointment of new member of the Audit Committee, Nomination Committee and Remuneration Committee of the Company will be made in due course.

This announcement is dated 17 April 2014.

 

 

 


ETITECH - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced17 Apr 2014  
CategoryGeneral Announcement
Reference NoMM-140417-54729

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionETI TECH CORPORATION BERHAD (“ETI TECH” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 70,627,200 NEW ORDINARY SHARES OF RM0.10 EACH IN ETI TECH (“ETI TECH SHARE(S)” OR “SHARE(S)”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY, TO INVESTOR(S) TO BE IDENTIFIED AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”)

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcements, where applicable, unless stated otherwise or defined herein.)

Reference is made to the Company’s announcements made on 18 February 2014 and 25 February 2014 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of ETI Tech, Public Investment Bank Berhad wishes to provide additional information in relation to the Proposed Private Placement.

Please refer to the attachment for details of the additional information.

This announcement is dated 17 April 2014.



FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameFTSE BURSA MALAYSIA KLCI ETF  
Stock Name FBMKLCI-EA  
Date Announced17 Apr 2014  
CategoryGeneral Announcement
Reference NoFB-140417-6E2DB

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 17 April 2014

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.8864
Units in circulation (units): 1,672,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,850.54

Attachments

FBM KLCI etf 20140417.xls
34 KB



CIMB - 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 NameCIMB GROUP HOLDINGS BERHAD  
Stock Name CIMB  
Date Announced17 Apr 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCG-140416-479FD

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 holderEmployees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") - Employees Provident Fund Board
Citigroup - Employees Provident Fund Board (AMUNDI)
Citigroup - Employees Provident Fund Board (KIB)
Citigroup - Employees Provident Fund Board (HDBS)
Citigroup - Employees Provident Fund Board (RHB INV)
Citigroup - Employees Provident Fund Board (AM INV)
Citigroup - Employees Provident Fund Board (MAYBAN)
Citigroup - Employees Provident Fund Board (KAF FM)
Citigroup - Employees Provident Fund Board (NOMURA)
Citigroup - Employees Provident Fund Board (PHEIM)
Citigroup - Employees Provident Fund Board (CIMB PRI)
Citigroup - Employees Provident Fund Board (ARIM)
Citigroup - Employees Provident Fund Board (TEMPLETON)
Citigroup - Employees Provident Fund 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)
Disposed11/04/2014
5,347,500
 

Circumstances by reason of which change has occurred- Citigroup - EPF Board - Disposal of 5,347,500 shares
Nature of interestDirect
Direct (units)1,249,837,015 
Direct (%)15.19 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,249,837,015
Date of notice14/04/2014

Remarks :
Notice received on 17 April 2014.

c.c. Securities Commission.


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