May 30, 2014

Company announcements: OKA, STONE, KNM, DOMINAN, ATURMJU, IRETEX

OKA - Changes in Director's Interest (S135) - Ong Choo Ian

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameOKA CORPORATION BHD  
Stock Name OKA  
Date Announced30 May 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoOC-140530-75353

Information Compiled By KLSE

Particulars of Director

NameOng Choo Ian
Address17, Jalan Mui Fah,
Victoria Park,
30250 Ipoh, Perak Darul Ridzuan
Descriptions(Class & nominal value)subdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
15/05/2014
3,080,000
 

Description of other type of transactionsubdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each
Circumstances by reason of which change has occurred
Nature of interestdirect
Consideration (if any) 

Total no of securities after change

Direct (units)3,080,000 
Direct (%)2.53 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice30/05/2014

Remarks :
Notice was received on even date


OKA - Changes in Sub. S-hldr's Int. (29B) - Quah Seok Keng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameOKA CORPORATION BHD  
Stock Name OKA  
Date Announced30 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoOC-140530-75346

Particulars of substantial Securities Holder

NameQuah Seok Keng
Address17 Jalan Mui Fah
Victoria Park
30250 Ipoh, Perak
NRIC/Passport No/Company No.470106-71-5108
Nationality/Country of incorporationSingaporean (Malaysia PR)
Descriptions (Class & nominal value)subdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each
Name & address of registered holderOng Koon Ann, Ong Choo Ian & Ong Ee Dith
17, Jalan Mui Fah
Victoria Park
30250 Ipoh, Perak

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others15/05/2014
5,249,824
 
Others15/05/2014
62,461,226
 
Others15/05/2014
3,080,000
 
Others15/05/2014
468,000
 

Description of other type of transactionsubdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each
Circumstances by reason of which change has occurred1. Deemed interest - subdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each registered in the name of her (i) spouse, Ong Koon Ann - 62,461,226 shares.

2. Deemed interest - subdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each registered in the name of her son, Ong Choo Ian - 3,080,000 shares

3. Deemed interest - subdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each registered in the name of her daughter, Ong Ee Dith - 468,000 shares
Nature of interestDirect and Indirect
Direct (units)5,249,824 
Direct (%)4.31 
Indirect/deemed interest (units)66,009,226 
Indirect/deemed interest (%)54.18 
Total no of securities after change71,259,050
Date of notice30/05/2014

Remarks :
Deemed interest by virtue of shares held by her spouse, Ong Koon Ann and her children, Ong Choo Ian and Ong Ee Dith in the Company pursuant to Section 6A of the Companies Act, 1965. After the above subdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each, the total deemed interests of Mdm. Quah Seok Keng are as follow:-

(a) Registered in the name of Ong Koon Ann - 62,461,226 shares
(b) Registered in the name of Ong Choo Ian - 3,080,000 shares
(c) Registered in the name of Ong Ee Dith - 468,000 shares


OKA - Changes in Sub. S-hldr's Int. (29B) - Ong Koon Ann

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameOKA CORPORATION BHD  
Stock Name OKA  
Date Announced30 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoOC-140530-75351

Particulars of substantial Securities Holder

NameOng Koon Ann
Address17, Jalan Mui Fah
Victoria Park
30250 Ipoh, Perak
NRIC/Passport No/Company No.440702-03-5267
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)subdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each
Name & address of registered holderOng Koon Ann, Ong Choo Ian & Ong Ee Dith
17, Jalan Mui Fah
Victoria Park
30250 Ipoh, Perak

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others15/05/2014
62,461,226
 
Others15/05/2014
5,249,824
 
Others15/05/2014
3,080,000
 
Others15/05/2014
468,000
 

Description of other type of transactionsubdivision of every one (1) ordinary share of RM1.00 each into two (2)ordinary shares of RM0.50 each
Circumstances by reason of which change has occurred1. Direct interest - subdivision of every one (1) ordinary share of RM1.00 each into two (2)ordinary shares of RM0.50 each

2. Deemed interest - subdivision of every one (1) ordinary share of RM1.00 each into two (2)ordinary shares of RM0.50 each registered in the name of (i)spouse, Quah Seok Keng - 5,249,824 shares; (ii)son, Ong Choo Ian - 3,080,000 shares and (iii) daughter, Ong Ee Dith -468,000 shares

3. Deemed interest - Exercise of 210,000 options pursuant to the Company's Employees' Share Option Scheme by Ong Ee Dith
Nature of interestDirect and deemed interest
Direct (units)62,461,226 
Direct (%)51.27 
Indirect/deemed interest (units)8,797,824 
Indirect/deemed interest (%)7.22 
Total no of securities after change71,259,050
Date of notice30/05/2014

Remarks :
Deemed interest by virtue of shares held by his spouse, Quah Seok Keng and his children, Ong Choo Ian and Ong Ee Dith in the Company pursuant to Section 6A of the Companies Act, 1965. After the above corporation action for subdivision of every one (1) ordinary share of RM1.00 each into two (2) ordinary shares of RM0.50 each, the total deemed interests of Ong Koon Ann are as follow:

(a) Registered in the mame of Quah Seok Keng - 5,249,824 shares
(b) Registered in the name of Ong Choo Ian - 3,080,000 shares
(c) Registered in the name of Ong Ee Dith - 468,000 shares


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

Announcement Type: Financial Results
Company NameSTONE MASTER CORPORATION BERHAD  
Stock Name STONE  
Date Announced30 May 2014  
CategoryFinancial Results
Reference NoSM-140530-88EA8

Financial Year End30/09/2014
Quarter2
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
19,833
15,502
39,895
32,141
2Profit/(loss) before tax
-250
-1,084
-590
-1,195
3Profit/(loss) for the period
-505
-1,149
-815
-1,316
4Profit/(loss) attributable to ordinary equity holders of the parent
-505
-1,149
-815
-1,316
5Basic earnings/(loss) per share (Subunit)
-1.13
-2.74
-1.88
-3.13
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 ($$)
0.3378
0.3264
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


KNM - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameKNM GROUP BERHAD  
Stock Name KNM  
Date Announced30 May 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoKG-140530-62316

Date of buy back30/05/2014
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,000
Minimum price paid for each share purchased ($$)0.755
Maximum price paid for each share purchased ($$)0.755
Total consideration paid ($$)7,605.57
Number of shares purchased retained in treasury (units)10,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)23,281,275
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 (%)1.42


KNM - OTHERS Mutual Termination of Shareholders’ Agreement between KNM Process Systems Sdn Bhd and Prosernat SA in respect of the joint venture entity known as “KPN Gas Technology Sdn Bhd”

Announcement Type: General Announcement
Company NameKNM GROUP BERHAD  
Stock Name KNM  
Date Announced30 May 2014  
CategoryGeneral Announcement
Reference NoKG-140530-61161

TypeAnnouncement
SubjectOTHERS
DescriptionMutual Termination of Shareholders’ Agreement between KNM Process Systems Sdn Bhd and Prosernat SA in respect of the joint venture entity known as “KPN Gas Technology Sdn Bhd”

1. INTRODUCTION

The Board of Directors of KNM Group Berhad (“KNM” or the “Company”) wishes to announce the mutual termination of the Shareholders’ Agreement dated 8 October 2008 (the “Shareholders’ Agreement”) between its wholly-owned subsidiary KNM Process Systems Sdn Bhd (“KNMPS”) and Prosernat SA (“Prosernat”) in respect of the management and operations of the joint venture entity known as KPN Gas Technology Sdn Bhd (“KPN”).

2. INFORMATION ON KNMPS, PROSERNAT AND KPN

KNMPS is a wholly owned subsidiary of KNM and is principally involved in the design, manufacture, assembly and the commissioning of various process equipment for the oil, gas and petrochemical industries. Its registered address is at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia.

Prosernat is a technological engineering company dedicated to the marketing of advanced gas treatment and CO2 capture technologies. A member of the Heurtey Petrochem Group, Prosernat has its registered and business address at 100/101 Terrassee Boieldieu, 92042 Paris La Defense, France.

KPN is the company jointly established by KNMPS and Prosernat via the Shareholders’ Agreement. With a paid up capital of RM1,000,000 divided into 1,000,000 ordinary shares of RM1.00 each, the entire equity interest in KPN is shared between the parties on a 50:50 basis. KPN is principally involved in the provision of project management, process know how, engineering, procurement, construction, commissioning, start-up, operation, spare parts and maintenance for field gas separation and gas treatment facilities including desalting, gas dehydration, gas sweetening, natural gas liquids recovery, sulphur recovery and modular units.

3. SALIENT DETAILS OF THE MUTUAL TERMINATION

Pursuant to the terms of the Agreement of Mutual Termination entered into between KNMPS and Prosernat dated 30 May 2014, the parties have agreed that the Shareholders’ Agreement shall on even date be mutually terminated and to be of no further force or effect between the parties (the “Agreement for Mutual Termination”).

On the same date as the Agreement for Mutual Termination, KNMPS has transferred to Prosernat its entire equity interest in KPN comprising 500,000 ordinary shares of RM1.00 each for a total cash consideration of USD300,000 (equivalent to about RM990,000 based on the exchange rate of USD1.00 : RM3.30) only (the “Transfer”).The total cash consideration for the Transfer was fully settled by Prosernat on 30 May 2014.

Pursuant to the Transfer, KPN’s name will be changed to “Prosernat (M) Sdn Bhd”.

4. RATIONALE

The rationale for this transaction is to allow the Company to focus on its core process equipment business.

5. FINANCIAL EFFECTS OF THE PROPOSED TERMINATION

Save for the gain on disposal amounting to approximately RM434,000.00 as a result of the Transfer, this transaction has no material effect on the share capital, consolidated earnings or net assets of the Company for the financial year ending 31 December 2014. It also has no effect on the shareholdings of the substantial shareholders of the Company.

6. APPROVALS

This transaction is not subject to the approval of any governmental authority and/or the shareholders of KNM.

7. DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST

None of the Directors, major shareholders or persons connected to the Directors and/or major shareholders of the Company has any interest, direct or indirect in this transaction.

8. DIRECTORS’ STATEMENT

Having considered all aspects of this transaction, the Board of Directors is of the opinion that the Mutual Termination is in the best interest of the Company.

9. DOCUMENTS FOR INSPECTION

Documents related to this transaction are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays.

10. HIGHEST PERCENTAGE RATIO

The highest percentage ratio pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad applicable to the Transfer is 0.143%.

This announcement is dated 30 May 2014.



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

Announcement Type: Financial Results
Company NameDOMINANT ENTERPRISE BERHAD  
Stock Name DOMINAN  
Date Announced30 May 2014  
CategoryFinancial Results
Reference NoCJ-140530-61108

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

Attachments

4th 2014 Quarter Report.pdf
564 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
123,739
102,700
477,727
416,229
2Profit/(loss) before tax
14,639
5,360
28,452
18,636
3Profit/(loss) for the period
12,468
3,907
22,938
14,036
4Profit/(loss) attributable to ordinary equity holders of the parent
12,515
3,907
23,134
14,036
5Basic earnings/(loss) per share (Subunit)
8.99
2.92
17.06
10.58
6Proposed/Declared dividend per share (Subunit)
1.00
1.00
4.00
5.00


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 ($$)
1.6100
1.1900
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


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

Announcement Type: Financial Results
Company NameATURMAJU RESOURCES BERHAD  
Stock Name ATURMJU  
Date Announced30 May 2014  
CategoryFinancial Results
Reference NoCC-140530-58B24

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
8,093
18,310
8,093
18,310
2Profit/(loss) before tax
-1,623
-862
-1,623
-862
3Profit/(loss) for the period
-1,654
-1,142
-1,654
-1,142
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,704
-1,192
-1,704
-1,192
5Basic earnings/(loss) per share (Subunit)
-2.79
-1.95
-2.79
-1.95
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 ($$)
0.7700
0.8000
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


IRETEX - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameIRE-TEX CORPORATION BERHAD  
Stock Name IRETEX  
Date Announced30 May 2014  
CategoryChange in Boardroom
Reference NoCC-140530-41682

Date of change30/05/2014
NameTey Por Yee
Age38
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateExecutive
QualificationsMr. Tey obtained his Bachelor of Commerce degree, majoring in Business Administration and Finance from the University of Manitoba, Canada in 1998.  
Working experience and occupation Mr. Tey is a businessman and venture capitalist. He founded Nexgram Holdings Berhad (formerly Nextnation Communication Berhad) and has been its Chief Executive Officer and Managing Director since 5 May 2005. Mr. Tey is one of the core founders of Nextnation Group of companies, a diversified group in telecommunication, information technology, media and property investments. Mr. Tey's investment focus is on emerging markets especially Asia Pacific with special interest in technology, infrastructure and energy companies. He has been the Chairman and Executive Director of Wintoni Group Berhad since 25 June 2013. He has been an Executive Director of Nexgram Holdings Berhad since 5 May 2005 and Non-Executive Director of Protasco Berhad since 10 March 2014. 
Directorship of public companies (if any)Wintoni Group Berhad, Nexgram Holdings Berhad and
Protasco 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 subsidiariesDirect interest - 32,517,500 ordinary shares of RM0.40 each representing approximately 27.67% equity interest in the Company. 


IRETEX - Changes in Director's Interest (S135) - Tey Por Yee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameIRE-TEX CORPORATION BERHAD  
Stock Name IRETEX  
Date Announced30 May 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140530-52353

Information Compiled By KLSE

Particulars of Director

NameTey Por Yee
AddressBlok S1-10-22, P/Puri Sutramas,
Persiaran Puchong Jaya Selatan,
Bandar Puchong Jaya,
47100 Puchong, Selangor.
Descriptions(Class & nominal value)Ordinary Shares of RM0.40 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
30/05/2014
32,517,500
 

Description of other type of transactionShareholding as at 30/05/2014 (date of appointment as Director)
Circumstances by reason of which change has occurredShareholding as at 30/05/2014 (date of appointment as Director)
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)32,517,500 
Direct (%)27.67 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice30/05/2014


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