May 23, 2014

Company announcements: PALETTE, M3TECH, MQTECH, NEXGRAM, EXTOL, WINTONI, KEYASIC, DGB

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

Announcement Type: Financial Results
Company NamePALETTE MULTIMEDIA BERHAD (ACE Market) 
Stock Name PALETTE  
Date Announced23 May 2014  
CategoryFinancial Results
Reference NoCK-140522-67735

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
114
905
114
905
2Profit/(loss) before tax
-568
-208
-568
-208
3Profit/(loss) for the period
-568
-208
-568
-208
4Profit/(loss) attributable to ordinary equity holders of the parent
-568
-208
-568
-208
5Basic earnings/(loss) per share (Subunit)
-0.20
-0.07
-0.20
-0.07
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 ($$)
0.0523
0.0543
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


M3TECH - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NameM3 TECHNOLOGIES (ASIA) BERHAD (ACE Market) 
Stock Name M3TECH  
Date Announced23 May 2014  
CategoryFinancial Results
Reference NoCM-140523-58445

Financial Year End30/06/2014
Quarter3
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
9,027
12,751
30,705
39,317
2Profit/(loss) before tax
-1,755
408
-5,013
1,586
3Profit/(loss) for the period
-1,877
21
-5,444
335
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,957
-66
-5,547
-15
5Basic earnings/(loss) per share (Subunit)
-1.11
-0.04
-3.13
-0.01
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 ($$)
0.2186
0.2504
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


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

Announcement Type: Financial Results
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced23 May 2014  
CategoryFinancial Results
Reference NoCC-140523-49361

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

Attachments

Quarterly Report(Q12014).pdf
334 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
2,782
7,005
2,782
7,005
2Profit/(loss) before tax
-3,171
1,087
-3,171
1,087
3Profit/(loss) for the period
-3,171
1,087
-3,171
1,087
4Profit/(loss) attributable to ordinary equity holders of the parent
-3,139
1,329
-3,139
1,329
5Basic earnings/(loss) per share (Subunit)
-1.43
0.49
-1.43
0.49
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 ($$)
0.0900
0.1000
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


MQTECH - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced23 May 2014  
CategoryGeneral Announcement
Reference NoCC-140523-7FC83

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionMQ TECHNOLOGY BERHAD (“MQ” OR THE “COMPANY”)
PROPOSED SHAREHOLDERS’ MANDATE FOR NEW RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

The Board of Directors of MQ wishes to announce that the Company intends to seek its shareholders’ approval on the Proposed Shareholders’ Mandate for new Recurrent Related Party Transactions of A Revenue or Trading Nature ("Proposed Shareholders’ Mandate") at the forthcoming Annual General Meeting to be convened in June 2014.

 

A Circular containing the details of the Proposed Shareholders' Mandate will be issued and despatched together with the 2013 Annual Report to the shareholders of the Company in due course.

 

This announcement is dated 23 May 2014.

 



NEXGRAM - OTHERS NEXGRAM HOLDINGS BERHAD (FORMERLY KNOWN AS NEXTNATION COMMUNICATION BERHAD) (“NEXGRAM” OR “THE COMPANY”) - ARTICLE ENTITLED: “NEXGRAM UNIT TO PARTNER PROTASCO FOR CYBERJAYA PROJECT"

Announcement Type: General Announcement
Company NameNEXGRAM HOLDINGS BERHAD (ACE Market) 
Stock Name NEXGRAM  
Date Announced23 May 2014  
CategoryGeneral Announcement
Reference NoCS-140523-55768

TypeAnnouncement
SubjectOTHERS
DescriptionNEXGRAM HOLDINGS BERHAD (FORMERLY KNOWN AS NEXTNATION COMMUNICATION BERHAD) (“NEXGRAM” OR “THE COMPANY”)
- ARTICLE ENTITLED: “NEXGRAM UNIT TO PARTNER PROTASCO FOR CYBERJAYA PROJECT"

Reference is made to the article entitled “Nexgram unit to partner Protasco for Cyberjaya project” appearing on page 3 of StarBiz on Friday, 23 May 2014. In particulars, the sentences reproduced below:-

(i) “…partnering Protasco Bhd for an estimated RM400mil proposed mixed development project in Cyberjaya”; and

(ii) “…intention of Nexgram to divest its core business activities…”.

The Board of Directors of Nexgram (“Board”) wishes to clarify the statements made above.

In respect of (i) above, the Company wishes to clarify that it has engaged in discussions with Protasco Berhad (“Protasco”) on the mixed development project. These discussions are still preliminary in nature and hence no gross development value and costs have been agreed upon.

The Company will make the necessary announcement once any proposal or agreement is formalised and approved by its Board.

In the event any partnership by the Company with Protasco is formalised into a definitive joint venture or similar agreement/arrangement, a related party transaction could arise. In such an event, the Company shall appoint the relevant advisors including a principal advisor and independent advisor, and seek its shareholders and other requisite approvals.

In respect of (ii) above, the Company wishes to clarify that, contrary to the article in The Star, the Company does not intend to divest any of its core business activities. Nexgram has obtained its shareholders’ approval on 19 September 2013 to diversify into property development via the mixed development project in Cyberjaya.

This announcement is dated 23 May 2014.



NEXGRAM - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameNEXGRAM HOLDINGS BERHAD (ACE Market) 
Stock Name NEXGRAM  
Date Announced23 May 2014  
CategoryGeneral Announcement
Reference NoCS-140522-65071

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionNEXGRAM HOLDINGS BERHAD (FORMERLY KNOWN AS NEXTNATION COMMUNICATION BERHAD ("NEXGRAM" OR "THE COMPANY")
- MEMORANDUM OF UNDERSTANDING BETWEEN NEXTNATION DATACITY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF NEXGRAM AND PT GRAHA TUNAS MAKMUR

For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Company's announcements made on 30 August 2012 and 21 March 2013 in relation to the Memorandum of Understanding executed on 29 August 2012 (“First MOU”) and the announcement on 23 May 2013 and 29 May 2013 pertaining the Memorandum of Understanding executed on even date (“MOU”).

The Board of Directors of Nexgram wishes to announce that the Supplementary Memorandum of Understanding (“SMOU”) entered between the Nextnation Datacity Sdn. Bhd. ("NDSB"), a wholly-owned subsidiary of Nexgram with PT Graha Tunas Makmur on 23 May 2013, has expired, today, 23 May 2014.


Further development on the above matter will be announced to Bursa Malaysia Securities Berhad as and when necessary.


This announcement is dated 23 May 2014.



EXTOL - Changes in Sub. S-hldr's Int. (29B) - Swift Icon Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameEXTOL MSC BERHAD (ACE Market) 
Stock Name EXTOL  
Date Announced23 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoEM-140523-7421E

Particulars of substantial Securities Holder

NameSwift Icon Sdn Bhd
AddressSuite 10.03, Level 10, The Gardens South Tower,
Mid Valley City, Lingkaran Syed Putra
Kuala Lumpur
NRIC/Passport No/Company No.1080957-P
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderSwift Icon Sdn Bhd
Suite 10.03, Level 10, The Gardens South Tower,
Mid Valley City, Lingkaran Syed Putra
Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/05/2014
1,357,200
 

Circumstances by reason of which change has occurredDisposal Of Share
Nature of interestDirect
Direct (units)30,300,000 
Direct (%)21.81 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change30,300,000
Date of notice23/05/2014

Remarks :
The Company received the Form 29B dated 23 May 2014 from Swift Icon Sdn Bhd on 23 May 2014.


WINTONI - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameWINTONI GROUP BERHAD (ACE Market) 
Stock Name WINTONI  
Date Announced23 May 2014  
CategoryChange in Boardroom
Reference NoCC-140523-43571

Date of change22/05/2014
NameMohamad Farid Bin Mohd Yusof
Age56
NationalityMalaysian
Type of changeRedesignation
Previous PositionNon-Executive Director
New PositionNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsMaster in Business Administration from University of Northern Colorado in the United State of America 
Working experience and occupation He began his career with the Bank of Commerce Berhad (now known as CIMB Bank Berhad) in 1984, specifically in the Banking Division where he was exposed to areas encompassing customer services; business development and maintenance; analysis of business opportunities and risk; financial analysis; loan portfolio management; loan recovery and restructuring; legal documentation; and planning, organising and control.

In 1995, he left the commercial banking sector to become the General Manager cum Head, Debt Capital Market Department of KAF Discounts Berhad (now known as KAF Investment Bank Berhad). He involved in assisting the management in formulating, implementing and monitoring effective and sound investment approval policies, guidelines and procedures, and overseeing the development and marketing of new business. He also assisted clients in project viability analysis and the arrangement of fund raising through the issuance of private debt securities such as bonds, medium-term notes and short-term commercial papers. He left KAF in early 2007 to set up his own corporate and business consultancy outfit to assist corporations in fund raising exercises and providing advisory services.

Mohamad Farid was the Chief Executive Officer of Primabaguz Sdn Bhd from November 2009 until June 2012, and a Director in its wholly owned subsidiaries PAP Cashnet (M) Sdn Bhd, PAP Marketing Sdn Bhd and Next Choice Sdn Bhd.  
Directorship of public companies (if any)Protasco Berhad  
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 

Remarks :
Encik Mohamad Farid Bin Mohd Yusof was redesignated from Non-Independent Non-Executive Director to Independent Non-Executive Director on 22nd May, 2014.


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

Announcement Type: Financial Results
Company NameKEY ASIC BERHAD  
Stock Name KEYASIC  
Date Announced23 May 2014  
CategoryFinancial Results
Reference NoCK-140522-58856

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
4,675
6,303
4,675
6,303
2Profit/(loss) before tax
-4,748
-3,467
-4,748
-3,467
3Profit/(loss) for the period
-4,769
-3,499
-4,769
-3,499
4Profit/(loss) attributable to ordinary equity holders of the parent
-4,769
-3,499
-4,769
-3,499
5Basic earnings/(loss) per share (Subunit)
-0.59
-0.43
-0.59
-0.43
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 ($$)
0.0780
0.0840
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


DGB - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameDGB ASIA BERHAD (ACE Market) 
Stock Name DGB  
Date Announced23 May 2014  
CategoryChange in Audit Committee
Reference NoCM-140523-62217

Date of change23/05/2014
NameDato’ Sri Ahmad Said bin Hamdan
Age62
NationalityMalaysian
Type of changeAppointment
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
QualificationsB.A (Hons.) in Humanities from Universiti Sains Malaysia
Master of Science in Criminology from the Indiana State of University, United States of America 
Working experience and occupation He started his career as an Assistant Superintendent of Custom, Penang in early 1975. Later, he joined Anti-Corruption Agency of Malaysia (“ACA”) as Superintendent of Investigation. He has served the government service for 34 years in various divisions such as investigation, intelligence, preventions and prosecution. He also headed a few states in Malaysia as Director of States including Sabah, Perak and Selangor.

He has been the Director of Investigations of ACA Malaysia since 1992 and was promoted to Deputy Director General in 1998. In 2008, he was promoted to Director General of ACA. He has been the first Chief Commissioner of Malaysian Anti-Corruption Commission (“MACC”) when it was formed in the 2009.

During his service, he was awarded by the Public Service Department, a full scholarship to pursue his studies in Master of Science in Criminology from the Indiana State of University, United States of America in 1986 to 1987. He also had the opportunity to do an attachment at the Terre Haute City Police Department (Fraud Investigation Division), Indiana as part of his studies requirements. He was also entrusted to participate in the Senior Executive Course conducted by the Central Official Training Centre in Seoul, South Korea in 1990. He was awarded medal of honours by the States and Federal Government.

Dato’ Sri currently serves as the Board Deputy Advisor for Koperasi Tanjong Keramat, Kota Kinabalu, Sabah. He is the Chairman & Director of AT Systematization Berhad and also sits on the Board of several private limited companies. Dato’ Sri is currently the Executive Director of Sanichi Technology Berhad. 
Directorship of public companies (if any)1. AT Systematization Berhad
2. Sanichi Technology 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 
Composition of Audit Committee (Name and Directorate of members after change)1. Dato’ Sri Ahmad Said Bin Hamdan - Chairman, Independent Non-Executive
2. En. Muhammad Radhi Bin Azizan - Member, Independent Non-Executive


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