May 23, 2014

Company announcements: DVM, PERISAI, OSKVI, JOBST, ETITECH, PRIVA, FRONTKN, ASIABIO, OVERSEA, KANGER

DVM - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameDVM TECHNOLOGY BERHAD (ACE Market) 
Stock Name DVM  
Date Announced23 May 2014  
CategoryChange in Boardroom
Reference NoDT-140523-41737

Date of change23/05/2014
NameRoy Ho Yew Kee
Age38
NationalityMalaysian
Type of changeRedesignation
Previous PositionExecutive Director
New PositionNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsRoy Ho Yew Kee obtained his Bachelor of Commerce from the Griffith University in Queensland, Australia 
Working experience and occupation Roy has 13 years experience in the financial services industry serving in origination, sales trading and corporate finance roles.  
Directorship of public companies (if any)Halex Holdings Berhad 
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 


PERISAI - 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 NamePERISAI PETROLEUM TEKNOLOGI BHD  
Stock Name PERISAI  
Date Announced23 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140522-EDC49

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 RM0.10 EACH
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
- EMPLOYEES PROVIDENT FD BD(CIMB PRI)
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)
Disposed19/05/2014
1,133,500
 

Circumstances by reason of which change has occurredDISPOSAL VIA OPEN MARKET
Nature of interestDIRECT
Direct (units)86,021,200 
Direct (%)7.21 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change86,021,200
Date of notice20/05/2014

Remarks :
1) The percentage of shareholding excludes 400,000 shares bought-back by the Company and retained as treasury shares.

2) Form 29B received on 22 May 2014.


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

Announcement Type: Financial Results
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced23 May 2014  
CategoryFinancial Results
Reference NoOV-140523-A687C

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
23,797
18,346
23,797
18,346
2Profit/(loss) before tax
9,417
-12,794
9,417
-12,794
3Profit/(loss) for the period
8,560
-13,250
8,560
-13,250
4Profit/(loss) attributable to ordinary equity holders of the parent
8,560
-13,250
8,560
-13,250
5Basic earnings/(loss) per share (Subunit)
4.37
-6.77
4.37
-6.77
6Proposed/Declared dividend per share (Subunit)
2.00
0.00
2.00
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 ($$)
1.0500
1.0100
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


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

Announcement Type: General Announcement
Company NameJOBSTREET CORPORATION BERHAD  
Stock Name JOBST  
Date Announced23 May 2014  
CategoryGeneral Announcement
Reference NoOD-140523-59965

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionJOBSTREET CORPORATION BERHAD (“JOBSTREET” OR THE “COMPANY”)

PROPOSED ACQUISITION OF THE REMAINING 40.00% EQUITY INTEREST IN JOBSTREET.COM PHILIPPINES, INC ("JSP") COMPRISING 5,645,600 ORDINARY SHARES OF PHILLIPINES PESO(“PHP”)1.00 EACH IN JSP (“JSP SHARES” OR THE “SALE SHARES”) BY JOBSTREET.COM PTE LTD (“JOBSTREET SINGAPORE” OR THE “PURCHASER”), A WHOLLY-OWNED SUBSIDIARY OF JCB FOR A PURCHASE PRICE OF RM120,536,000 TO BE SATISFIED VIA THE ISSUANCE OF 49,400,000 ORDINARY SHARES OF RM0.10 EACH IN JCB (“JCB SHARES”) AT AN ISSUE PRICE OF RM2.44 PER JCB SHARE (“PROPOSED ACQUISITION”

We refer to the prior announcements dated 19 February 2014, 21 February 2014, 21 April 2014, 29 April 2014, 8 May 2014 and 20 May 2014 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said Announcements in relation to the Proposed Acquisition.

On behalf of the Board, HwangDBS Investment Bank Berhad (“HwangDBS”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 22 May 2014 approved the listing of 49,400,000 new JCB Shares to be issued pursuant to the Proposed Acquisition (“Consideration Shares”) subject to, inter-alia, the following conditions:

(a)  JCB and HwangDBS must fully comply with the relevant provisions under the Main Market Listing Requirements (“LR”) pertaining to the implementation of the Proposed Acquisition;

(b) JCB and HwangDBS to inform Bursa Securities upon the completion of the Proposed Acquisition; and

(c) JCB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Acquisition is completed.

In the event that the Consideration Shares will be listed and quoted as the existing securities of the same class, quotation of the new ordinary shares will commence on the next market day after the following:

(i) Submission of the share certificate together with a covering letter containing the summary of the Proposed Acquisition to Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”) before 10.00 a.m. on the  market day prior to the listing date;

(ii) Receipt of confirmation from Bursa Depository that the additional new shares are ready for crediting into the securities accounts of the account holder; and

(iii) An announcement in accordance to paragraph 13.2 of Practice Note 28 of the LR is submitted via Bursa Link before 3.00 p.m. on the market day prior to the listing date.

This announcement is dated 23 May 2014.



ETITECH - OTHERS ETI TECH CORPORATION BERHAD ("ETITECH" OR "THE COMPANY") I) BUSINESS TIMES ARTICLE ENTITLED "ZENITH TARGETS ETI TECH?" DATED 22 MAY 2014 II) BUSINESS TIMES ARTICLE ENTITLED "DIRECTOR LEAVES DECISION TO BOARD" DATED 23 MAY 2014

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced23 May 2014  
CategoryGeneral Announcement
Reference NoCC-140523-61949

TypeAnnouncement
SubjectOTHERS
DescriptionETI TECH CORPORATION BERHAD ("ETITECH" OR "THE COMPANY")
I) BUSINESS TIMES ARTICLE ENTITLED "ZENITH TARGETS ETI TECH?" DATED 22 MAY 2014
II) BUSINESS TIMES ARTICLE ENTITLED "DIRECTOR LEAVES DECISION TO BOARD" DATED 23 MAY 2014
We refer to the above articles appearing on Business Times dated 22 May 2014 and 23 May 2014 respectively and in particular, to the following paragraphs which are reproduced as follows:
“ETI TECH Corp Bhd controlled by Air Asia’s Datuk Kamarudin Meranun, is likely to be a reverse takeover (RTO) target of Zenith Construction Sdn Bhd, part of a consortium that will develop the proposed RM6.3 billion Penang undersea tunnel project”.

“..…ETI Tech will soon announce another SPNB contract worth RM35 million.”

“Zarul Ikhwan and people aligned to him have gained control of ETI Tech after taking over the 10 per cent, or 7.06 million new shares issued by the company, valued at RM7.06 million.”

In response to the above, the Board, after due enquiries with its Directors, wishes to inform that as at today -

(i) the Company is not involved in any discussion or received any proposal for a RTO corporate restructuring; and
(ii) the Company has not tendered for and is not in discussion with any party for another SPNB contract.

The Board also wishes to inform that its recent 10% private placement shares were not issued to Zarul Ikhwan and persons connected to him.

This announcement is dated 23 May 2014.


PRIVA - Final Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NamePRIVASIA TECHNOLOGY BERHAD (ACE Market) 
Stock Name PRIVA  
Date Announced23 May 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoCC-140423-32066

EX-date24/06/2014
Entitlement date26/06/2014
Entitlement time04:00:00 PM
Entitlement subjectFinal Dividend
Entitlement descriptionSingle Tier Tax Exempt Final Dividend of 0.3 sen per ordinary share for the financial year ended 31 December 2013
Period of interest payment to
Financial Year End31/12/2013
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn. Bhd.
Level 6, Symphony House,
Pusat Dagangan Dana 1, Jalan PJU 1A/46,
47301 Petaling Jaya,
Selangor Darul Ehsan.
Tel : 03-7841 8000 ext 7011
Payment date 18/07/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers26/06/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.003


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

Announcement Type: General Announcement
Company NameFRONTKEN CORPORATION BERHAD  
Stock Name FRONTKN  
Date Announced23 May 2014  
CategoryGeneral Announcement
Reference NoCC-140522-51844

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionFRONTKEN CORPORATION BERHAD (“FCB” or “the Company”)
Completion of the Proposed acquisition of 900,000 ordinary shares of RM1.00 each in TTES Team & Specialist Sdn. Bhd. (“TTES”) representing 45% of the issued and paid-up share capital of TTES for a cash consideration of RM11 million (the “Proposed Acquisition”)

With reference to the announcements in relation to the Proposed Acquisition dated 30 April 2014 and 6 May 2014, the Board of Directors of FCB wishes to announce that it has been completed on 23 May 2014 in accordance with the Sale and Purchase Agreement dated 30 April 2014 upon satisfaction of all the conditions precedent as set out therein.

This announcement is dated 23 May 2014.



ASIABIO - Changes in Sub. S-hldr's Int. (29B) - CPE Growth Capital Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO  
Date Announced23 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140523-35090

Particulars of substantial Securities Holder

NameCPE Growth Capital Limited
AddressTrident Chambers P.O. Box
146, Road Town, Tortola
British Virgin Islands
NRIC/Passport No/Company No.1709460
Nationality/Country of incorporationBritish Virgin Islands
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderCPE Growth Capital Limited
Trident Chambers P.O. Box
146, Road Town, Tortola
British Virgin Islands

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired22/05/2014
6,500,000
 

Circumstances by reason of which change has occurredOpen Market Acquisition
Nature of interestDirect
Direct (units)93,500,000 
Direct (%)11.13 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change93,500,000
Date of notice22/05/2014

Remarks :
The Form 29B was received by the Company on 22 May 2014.


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

Announcement Type: Financial Results
Company NameOVERSEA ENTERPRISE BERHAD (ACE Market) 
Stock Name OVERSEA  
Date Announced23 May 2014  
CategoryFinancial Results
Reference NoCK-140521-03FA9

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
17,549
18,815
65,468
67,073
2Profit/(loss) before tax
1,974
-2,067
5,146
-3,650
3Profit/(loss) for the period
1,145
-2,621
3,389
-4,510
4Profit/(loss) attributable to ordinary equity holders of the parent
1,178
-2,555
3,500
-4,413
5Basic earnings/(loss) per share (Subunit)
0.48
-1.04
1.43
-1.80
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 ($$)
0.2100
0.2000
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


KANGER - Changes in Sub. S-hldr's Int. (29B) - Lim Lai Choy @ Lim Aun Nee

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKANGER INTERNATIONAL BERHAD (ACE Market) 
Stock Name KANGER  
Date Announced23 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140522-EFB7F

Particulars of substantial Securities Holder

NameLim Lai Choy @ Lim Aun Nee
Address2-3-6, Pinggiran Kiara
Jalan Datuk Sulaiman, TTDI
60000 Kuala Lumpur
Wilayah Persekutuan (KL)
NRIC/Passport No/Company No.551125-10-5983
Nationality/Country of incorporationMalaysian/Chinese
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderKenanga Capital Sdn Bhd
Pledged securities account for Lim Lai Choy @ Lim Aun Nee
8th Floor Kenanga International
Jalan Sultan Ismail
50250 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Transferred15/05/2014
5,000,000
 

Circumstances by reason of which change has occurredTransfer of shares from the account of Kenanga Capital Sdn Bhd (pledged securities account for Lim Lai Choy @ Lim Aun Nee) to direct account of Lim Lai Choy @ Lim Aun Nee.
Nature of interestDirect interest
Direct (units)56,722,896 
Direct (%)13.19 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change56,722,896
Date of notice23/05/2014


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