May 22, 2014

Company announcements: HYTEXIN, IREKA, EKOVEST, WCT, YOKO

HYTEXIN - OTHERS HYTEX INTEGRATED BERHAD (“HIB” OR “THE COMPANY”) - LETTER OF OFFER FROM TRACKLAND SDN. BHD. (“TSB”) IN RESPECT OF CASH ADVANCEMENT OF RM50.0 MILLION (“CASH ADVANCEMENT”) TO BE PROVIDED BY TSB AND ITS ASSOCIATES AND NOMINEES TO HIB AND ITS SUBSIDIARIES (“HIB GROUP” OR “GROUP”) (“CASH ADVANCEMENT OFFER”) (“LETTER OF OFFER”)

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced22 May 2014  
CategoryGeneral Announcement
Reference NoCS-140522-66311

TypeAnnouncement
SubjectOTHERS
DescriptionHYTEX INTEGRATED BERHAD (“HIB” OR “THE COMPANY”)
- LETTER OF OFFER FROM TRACKLAND SDN. BHD. (“TSB”) IN RESPECT OF CASH ADVANCEMENT OF RM50.0 MILLION (“CASH ADVANCEMENT”) TO BE PROVIDED BY TSB AND ITS ASSOCIATES AND NOMINEES TO HIB AND ITS SUBSIDIARIES (“HIB GROUP” OR “GROUP”) (“CASH ADVANCEMENT OFFER”) (“LETTER OF OFFER”)

The Board of Directors of HIB (“Board”) wishes to announce that HIB had on 16 May 2014 received the Letter of Offer from TSB in respect of the Cash Advancement Offer.

Please refer to the attached document for further details.

This announcement is dated 22 May 2014.



IREKA - IREKA - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company NameIREKA CORPORATION BERHAD  
Stock Name IREKA  
Date Announced22 May 2014  
CategoryListing Circular
Reference NoRN-140520-54495

LISTING'S CIRCULAR NO. L/Q : 70633 OF 2014

RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 56,957,350 NEW ORDINARY SHARES OF RM1.00 EACH IN IREKA (“RIGHTS SHARE(S)”) TOGETHER WITH 56,957,350 FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE WITH ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN IREKA AS AT 5.00 P.M. ON 2 JUNE 2014, AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.65 PER RIGHTS SHARE IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.35 IS TO BE CAPITALISED FROM IREKA’S SHARE PREMIUM (“RIGHTS ISSUE WITH WARRANTS”).


    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
    as from : [ 29 May 2014 ]

    2) The last date of lodgement : [ 2 June 2014 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 1/3 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 1/3 ] of the Transacted Price is applicable.


IREKA - IREKA - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company NameIREKA CORPORATION BERHAD  
Stock Name IREKA  
Date Announced22 May 2014  
CategoryListing Circular
Reference NoRN-140520-54526

LISTING'S CIRCULAR NO. L/Q : 70634 OF 2014

RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 56,957,350 NEW ORDINARY SHARES OF RM1.00 EACH IN IREKA (“RIGHTS SHARE(S)”) TOGETHER WITH 56,957,350 FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE WITH ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN IREKA AS AT 5.00 P.M. ON 2 JUNE 2014, AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE, OF WHICH THE FIRST CALL OF RM0.65 PER RIGHTS SHARE IS PAYABLE IN CASH ON APPLICATION AND THE SECOND CALL OF RM0.35 IS TO BE CAPITALISED FROM IREKA’S SHARE PREMIUM (“RIGHTS ISSUE WITH WARRANTS”).


    Kindly be advised of the following :

    1) The Rights commence of trading : [ 3 June 2014 ]

    2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
    [ 4 June 2014 ]

    3) The last day and time for Acceptance, Renunciation and Payment :
    [ 17 June 2014 @ 5:00pm ]

    4) The Rights cease quotation : [ 10 June 2014 ]

    The Stock Short Name, Number and ISIN Code [ IREKA-OR, 8834OR and MYL8834OR006 ] respectively


EKOVEST - EKOVEST - NOTICE OF SHARE SPLIT & RIGHTS

Announcement Type: Listing Circular
Company NameEKOVEST BERHAD  
Stock Name EKOVEST  
Date Announced22 May 2014  
CategoryListing Circular
Reference NoRN-140522-38022

LISTING'S CIRCULAR NO. L/Q : 70631 OF 2014


    1) SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 EACH IN EKOVEST BERHAD (“EKOVEST”) INTO TWO (2) ORDINARY SHARES OF RM0.50 EACH IN EKOVEST (“SUBDIVIDED SHARES”) (“SHARE SPLIT”).

    2) RENOUNCEABLE RIGHTS ISSUE OF 244,413,960 NEW ORDINARY SHARES OF RM0.50 EACH (AFTER THE SHARE SPLIT) IN EKOVEST BERHAD (“EKOVEST”) (“EKOVEST SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 122,206,980 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH ONE (1) FREE WARRANT FOR EVERY FIVE (5) EXISTING EKOVEST SHARES HELD AT 5.00 P.M. ON 30 MAY 2014 (“RIGHTS ISSUE WITH WARRANTS”).

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - All" ]
    as from : [28 May 2014]

    2) The last date of lodgement : [ 30 May 2014]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 2/7 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 2/7 ] of the Transacted Price is applicable.

    Remarks 1:- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 2 June 2014 with share split EKOVEST shares of RM0.50 sen each, any shareholder who is entitled to receive EKOVEST share split shares, may sell any or all of his EKOVEST shares arising from the share split beginning the Ex-Date (28 May 2014).

    For example, if Mr X purchases 100 EKOVEST shares on cum basis on 27 May 2014, Mr X should receive 100 shares on 30 May 2014. As a result of the share split, a total of 200 EKOVEST shares will be credited into Mr X's CDS account on the night of 30 May 20143 being the Book Closing Date. Therefore, Mr X can sell the share split shares of 200 on or after the Ex-Date ie from 28 May 2014 onwards."


    Remarks 2:- The listing and quotation of the Subdivided Shares on the Main Market of Bursa Malaysia Securities Berhad shall take place on 2 June 2014, being the next market day immediately after the entitlement date of the Share Split.

    The share registrar of Ekovest will issue and despatch the notices of allotment to all the entitled shareholders by 6 June 2014, being four (4) market days after the listing and quotation of the Subdivided Shares.

    Please note that the Subdivided Shares will be entitled to the Rights Issue With Warrants (as applicable). The Subdivided Shares will be credited to the CDS accounts of the Entitled Shareholders on the evening of the Entitlement Date for purposes of determining the entitlement to the Rights Issue With Warrants.


EKOVEST - EKOVEST - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameEKOVEST BERHAD  
Stock Name EKOVEST  
Date Announced22 May 2014  
CategoryListing Circular
Reference NoRN-140522-60011

LISTING'S CIRCULAR NO. L/Q : 70632 OF 2014


    RENOUNCEABLE RIGHTS ISSUE OF 244,413,960 NEW ORDINARY SHARES OF RM0.50 EACH (AFTER THE SHARE SPLIT) IN EKOVEST BERHAD (“EKOVEST”) (“EKOVEST SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 122,206,980 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH ONE (1) FREE WARRANT FOR EVERY FIVE (5) EXISTING EKOVEST SHARES HELD AT 5.00 P.M. ON 30 MAY 2014 (“RIGHTS ISSUE WITH WARRANTS”).

    Kindly be advised of the following :

    1) The Rights commence of trading : [ 2 June 2014 ]

    2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
    [ 3 June 2014 ]

    3) The last day and time for Acceptance, Renunciation and Payment :
    [ 16 June 2014 @ 5:00pm ]

    4) The Rights cease quotation : [ 9 June 2014 ]

    The Stock Short Name, Number and ISIN Code [ EKOVEST-OR, 8877OR and MYL8877OR005 ] respectively


WCT - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced22 May 2014  
CategoryGeneral Announcement
Reference NoWW-140521-55780

TypeAnnouncement
SubjectPROVISION OF FINANCIAL ASSISTANCE
DescriptionWCT Holdings Berhad ("WCT" or "the Company")
- Provision of Financial Assistance

1) Financial Assistance


Pursuant to paragraph 8.23(1)(ii) and paragraph 3 of the Practice Note No. 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the financial assistance rendered for the first
 quarter from 1 January 2014 to 31 March 2014 as set out in the table below.

 

2) Financial Effects


The financial assistance provided during the quarter does not have any material effect on the earnings, net assets and liquidity of WCT Group.

 

3) Directors’ or Major Shareholders’ Interest


None of the Directors or Major Shareholders of the Company or any person connected to the Directors and/or major Shareholders has any interest, direct or indirect, in the financial assistance transactions as set out below.



Type of Financial Assistance

Parties

For the period from 01.01.2014 to 31.03.2014

Cumulative Balance as at
31.03.2014

 

 

Company
(RM)

Group
(RM)

Company
(RM)

Group
(RM)

Non-interest
bearing advances

Sub-contractors

-

1,271,600

-

10,349,671

 

 

This announcement is dated 22 May 2014.



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

Announcement Type: Financial Results
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced22 May 2014  
CategoryFinancial Results
Reference NoWW-140522-51734

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
467,221
490,945
467,221
490,945
2Profit/(loss) before tax
56,753
65,355
56,753
65,355
3Profit/(loss) for the period
40,548
41,832
40,548
41,832
4Profit/(loss) attributable to ordinary equity holders of the parent
40,097
43,182
40,097
43,182
5Basic earnings/(loss) per share (Subunit)
3.67
4.25
3.67
4.25
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 ($$)
2.0500
2.0200
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


WCT - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced22 May 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoWW-140522-5BF5F

Date of buy back22/05/2014
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)300,000
Minimum price paid for each share purchased ($$)2.200
Maximum price paid for each share purchased ($$)2.210
Total consideration paid ($$)662,049.29
Number of shares purchased retained in treasury (units)300,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)7,306,900
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.669


YOKO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameYOKOHAMA INDUSTRIES BERHAD  
Stock Name YOKO  
Date Announced22 May 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-140522-442C2

Date of buy back22/05/2014
Description of shares purchasedOrdinary shares of RM0-50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)1,000
Minimum price paid for each share purchased ($$)1.270
Maximum price paid for each share purchased ($$)1.270
Total consideration paid ($$)1,312.38
Number of shares purchased retained in treasury (units)1,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)1,816,300
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)2.08


No comments:

Post a Comment