May 29, 2014

Company announcements: ASIAFLE, PSIPTEK, FUTUTEC, FURNWEB, DOMINAN, PMBTECH, TOYOINK, EKA

ASIAFLE - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NameASIA FILE CORPORATION BHD  
Stock Name ASIAFLE  
Date Announced29 May 2014  
CategoryFinancial Results
Reference NoCC-140529-0A5C3

Financial Year End31/03/2014
Quarter4
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited

Attachments

Q4-Financial Result.pdf
139 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
106,098
81,655
365,879
323,384
2Profit/(loss) before tax
18,403
11,801
76,580
56,126
3Profit/(loss) for the period
14,452
8,369
60,548
43,240
4Profit/(loss) attributable to ordinary equity holders of the parent
14,432
8,020
60,525
42,891
5Basic earnings/(loss) per share (Subunit)
12.43
7.07
52.17
37.05
6Proposed/Declared dividend per share (Subunit)
13.50
12.50
22.50
20.50


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 ($$)
3.7460
3.3238
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


PSIPTEK - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NamePRINSIPTEK CORPORATION BERHAD  
Stock Name PSIPTEK  
Date Announced29 May 2014  
CategoryFinancial Results
Reference NoPC-140519-65551

Financial Year End31/12/2014
Quarter1
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited

Attachments

PCB_14_Q1_Qtr_Rpt.pdf
276 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
92,273
89,608
92,273
89,608
2Profit/(loss) before tax
2,649
1,902
2,649
1,902
3Profit/(loss) for the period
1,974
1,491
1,974
1,491
4Profit/(loss) attributable to ordinary equity holders of the parent
1,993
629
1,993
629
5Basic earnings/(loss) per share (Subunit)
1.57
0.50
1.57
0.50
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 ($$)
1.0700
1.0500
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


PSIPTEK - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NamePRINSIPTEK CORPORATION BERHAD  
Stock Name PSIPTEK  
Date Announced29 May 2014  
CategoryGeneral Meetings
Reference NoPC-140415-45733

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting29/05/2014
Time10:00 AM
VenueJuara Hall, Level 1,
Carlton Holiday & Suites Shah Alam,
No. 1, Persiaran Akuatik, Seksyen 13,
40100 Shah Alam, Selangor Darul Ehsan
Outcome of Meeting

The Board of Directors of Prinsiptek Corporation Berhad (“PCB”) is pleased to announce that the shareholders of PCB have at its 12th Annual General Meeting (“AGM”) held on 29 May 2014 approved all the resolutions as set out in the Amended Notice of AGM dated 8 May 2014, except for Special Resolution No.1 (Proposed change of Company’s Name from Prinsiptek Corporation Berhad to PST Holdings Berhad) which was withdrawn and not table for voting at the AGM.

This announcement is dated 29 May 2014.



FUTUTEC - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameFUTUTECH BERHAD  
Stock Name FUTUTEC  
Date Announced29 May 2014  
CategoryGeneral Meetings
Reference NoCA-140526-35377

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionNotice of Thirtieth Annual General Meeting ("30th AGM").

Full text of the Notice of 30th AGM is attached herewith.
Date of Meeting23/06/2014
Time10:00 AM
VenueNo. 1, Jalan Wangsa Permai, 1st Floor, Bangunan One Wangsa
Taman Wangsa Permai, 52200 Kuala Lumpur
Date of General Meeting Record of Depositors13/06/2014

Attachments

Notice of 30th AGM.pdf
3257 KB



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

Announcement Type: General Announcement
Company NameFURNIWEB INDUSTRIAL PRODUCTS BERHAD  
Stock Name FURNWEB  
Date Announced29 May 2014  
CategoryGeneral Announcement
Reference NoMI-140529-63522

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionFURNIWEB INDUSTRIAL PRODUCTS BERHAD (“FIPB” OR THE “COMPANY”)

(I) PROPOSED JOINT VENTURE WITH ALMAHARTA SDN BHD (“ASB”) IN CONNECTION WITH THE DEVELOPMENT OF A PARCEL OF LEASEHOLD LAND HELD UNDER PN 45266, LOT 141, SECTION 88, TOWN AND DISTRICT OF KUALA LUMPUR AND STATE OF WILAYAH PERSEKUTUAN KUALA LUMPUR, MEASURING APPROXIMATELY 15,033 SQUARE METRES (“DEVELOPMENT LAND”) INTO A RESIDENTIAL DEVELOPMENT; AND

(II) PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF FIPB AND ITS SUBSIDIARIES TO INCLUDE PROPERTY DEVELOPMENT

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
We refer to the announcements dated 31 December 2013 and 21 March 2014 (“Announcements”) in respect of the Proposals. Unless otherwise defined, the abbreviations used in this announcement are the same as those previously defined in the Announcements.
On behalf of the Board, KIBB is pleased to inform that PGSB, ASB and PDMSB (collectively referred to as the “Parties”) had on today, entered into a supplemental agreement for the purpose of inter alia extending the Condition Period to enable the Parties to fulfil the Conditions Precedent of the JVA in relation to the development of the Development Land (“Supplemental Agreement”).

Pursuant to the terms of, the Supplemental Agreement, the Condition Period stated in Clause 6.1 of the JVA has been extended to 30 June 2014.

Further, the Parties had agreed to amend the provisions of Clauses 5.1.3(b) and 5.1.3(c) of the JVA to include the words “subject to full settlement of all banking facilities by the Joint Venture Company with UOB Bank” at the end of the respective paragraphs. The amendments are to reflect the intention of the Parties that in the event the banking facility with UOB Bank is not settled by PDMSB upon the expiry of the 21st and/or 33rd month from the fulfilment of the Conditions Precedent, PGSB shall advance the Fourth Payment and/or Fifth & Final Payment (whichever applicable) or to procure the Company to advance the Fourth Payment and/or Fifth & Final Payment (whichever applicable) by the expiry of 21st and/or 33rd month (whichever applicable) to ASB.

Save as stated above, all the terms and conditions of the JVA and SA shall continue to apply and remain to be in full force and effect.

This announcement is dated 29 May 2014.


DOMINAN - OTHERS Proposed Single Tier Final Dividend in respect of financial year ended 31 March 2014

Announcement Type: General Announcement
Company NameDOMINANT ENTERPRISE BERHAD  
Stock Name DOMINAN  
Date Announced29 May 2014  
CategoryGeneral Announcement
Reference NoCJ-140529-56308

TypeAnnouncement
SubjectOTHERS
DescriptionProposed Single Tier Final Dividend in respect of financial year ended 31 March 2014

The Board of Directors of Dominant Enterprise Berhad ('DOMINAN') is pleased to announce that DOMINAN has proposed a Single Tier Final Dividend of 1 sen per share in respect of the financial year ended 31 March 2014. The proposed final dividend will be subject to the shareholders' approval at the forthcoming 22nd Annual General Meeting of DOMINAN.  
 

The entitlement and payment dates of the final dividend will be announced at a later date.

This Announcement is dated 29 May 2014.


 
 


PMBTECH - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NamePMB TECHNOLOGY BERHAD  
Stock Name PMBTECH  
Date Announced29 May 2014  
CategoryFinancial Results
Reference NoCC-140528-60953

Financial Year End31/12/2014
Quarter1
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
72,980
61,537
72,980
61,537
2Profit/(loss) before tax
1,929
2,016
1,929
2,016
3Profit/(loss) for the period
1,380
1,506
1,380
1,506
4Profit/(loss) attributable to ordinary equity holders of the parent
1,380
1,506
1,380
1,506
5Basic earnings/(loss) per share (Subunit)
1.78
1.94
1.78
1.94
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 ($$)
1.6400
1.6300
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


TOYOINK - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NameTOYO INK GROUP BERHAD  
Stock Name TOYOINK  
Date Announced29 May 2014  
CategoryFinancial Results
Reference NoCS-140523-38988

Financial Year End31/03/2014
Quarter4
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
20,614
20,218
85,837
85,899
2Profit/(loss) before tax
3,740
96
5,436
1,559
3Profit/(loss) for the period
3,445
269
4,968
981
4Profit/(loss) attributable to ordinary equity holders of the parent
3,438
308
4,885
1,181
5Basic earnings/(loss) per share (Subunit)
3.22
0.72
4.64
2.76
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 ($$)
1.1400
1.5500
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


EKA - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameEKA NOODLES BERHAD  
Stock Name EKA  
Date Announced29 May 2014  
CategoryGeneral Announcement
Reference NoCC-140529-59145

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionEKA NOODLES BERHAD (“EKA” or “the Company”)
NOTICE PURSUANT TO SECTION 218(2)(a) OF THE COMPANIES ACT 1965
The Board of Directors of EKA wishes to announce that Rasayang Food Industries Sdn Bhd (“Rasayang”), a wholly-owned subsidiary of EKA had been served with a Notice Pursuant to Section 218(2)(a) of the Companies Act 1965 (“Notice”) in relation to the claims by Tenaga Nasional Berhad (“TNB”) through a firm of lawyers acting on their behalf.
Particulars of claim
TNB seeks against Rasayang for the following to be paid within 21 days from the service of the Notice :

1) the sum of RM428,327.00
2) interest of 4% per annum on the outstanding sum from 14 June 2012 until full settlement;
3) costs on a solicitor-client basis in the sum of RM225.00 until full settlement be the residue sum owing in respect of the Penang High Court Judgement dated 14 June 2012 vide S22NCVC-365-05/2012

Financial & Operational Impact
The litigation will not have any financial or operational impact on Group.

Expected losses to the Group, if any
Rasayang is exposed to the claim, interests and legal expenses as stated above.

Rasayang has appointed a firm of lawyers to act on its behalf to set aside the judgement in default and the matter has been fixed for Case Management on 29 May 2014.

This announcement is dated 29 May 2014.


EKA - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameEKA NOODLES BERHAD  
Stock Name EKA  
Date Announced29 May 2014  
CategoryGeneral Announcement
Reference NoCC-140529-59533

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionEKA NOODLES BERHAD (“EKA” or “the Company”)
NOTICE PURSUANT TO SECTION 218(2)(a) OF THE COMPANIES ACT 1965
The Board of Directors of EKA wishes to announce that Kilang Bihun Bersatu Sdn Bhd (“KBBSB”), a wholly-owned subsidiary of EKA had been served with a Notice Pursuant to Section 218(2)(a) of the Companies Act 1965 (“Notice”) in relation to the claims by Kepala Batas Bihun Sdn Bhd through a firm of lawyers acting on their behalf.
Particulars of claim
Kepala Batas Bihun Sdn Bhd seeks against KBBSB for the following to be paid within 21 days from the service of the Notice :

1) the sum of RM735,690.51
2) interest of 5% per annum from the above principal sum which is calculated from 20 June 2013 until full settlement;
3) costs of proceedings at RM8,584.00

Financial & Operational Impact
The litigation will not have any financial or operational impact on Group.

Expected losses to the Group, if any
KBBSB is exposed to the claim, interests and legal expenses as stated above.

KBBSB has appointed a firm of lawyers to act on its behalf.

This announcement is dated 29 May 2014.


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