ETITECH - MEMORANDUM OF UNDERSTANDING
Company Name | ETI TECH CORPORATION BERHAD |
Stock Name | ETITECH |
Date Announced | 2 Jun 2014 |
Category | General Announcement |
Reference No | CC-140602-67540 |
Type | Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description | ETI TECH CORPORATION BERHAD (“ETITECH” OR “THE COMPANY”) - MEMORANDUM OF UNDERSTANDING BETWEEN ETITECH AND CASTEL ENGINEERING LTD |
The Board of Directors of ETITECH (“Board”) is pleased to announce that the Company had on 31 May 2014 entered into a Memorandum Of Understanding (“MOU”) with CASTEL ENGINEERING LTD (“CASTEL”). CASTEL was founded in 1997, is a member of China Aerospace Science and Technology Corporation, which has seven Research & Development Centres, six public listed companies and over 100 enterprises and institutes, with more than 135,000 employees in China and Hong Kong. CASTEL is principally involved in renewable energy, smart city infrastructures, mobility & transportation tracking and industrial & systems engineering. Its products include wind turbines, photovoltaic, LED, SOLAR, energy efficiency, satellite communications, intelligent transportation systems, government and enterprise application solutions. ETITECH and CASTEL are hereinafter collectively referred to as the “Parties”. The MOU sets out the understanding and intention of the Parties to form a collaboration company in Malaysia to provide top-class renewable and smart city solutions to governmental and commercial organisations. The salient terms of the MOU are as follows:- (i) The Parties agree that the shareholding structure to be apportioned equally. (ii) The intended business shall be made transparent in terms of pricing, quotations, processes and schedules between the Parties. (iii) There are no liabilities, contingent liabilities or guarantees to be assumed by all Parties arising from the collaboration. The MOU shall continue and remain in full force until the occurrence of either one of the following events: (i) the Parties execute a definitive agreement; or (ii) the Parties mutually agree in writing to rescind the MOU. The MOU is to complement and strengthen the Group’s portfolio in the green and renewable energy industry and it does not have any effect on the share capital, substantial shareholder’s shareholdings, net assets, earnings and gearings of the Group for the financial year ending 31 July 2014. The Board is of the opinion that the MOU is in the best interest of the Company. The MOU is available for inspection by shareholders of ETITECH at the registered office situated at 51-21-A, Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang during office hours from Mondays to Fridays (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 02 June 2014. |
MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
Stock Name | MYETFDJ |
Date Announced | 2 Jun 2014 |
Category | General Announcement |
Reference No | MD-140602-66485 |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 02-06-2014 Fund: MYETFDJ NAV per unit (RM): 1.1728 Units in Circulation (units): 252,300,000 Manager's Fee (%p.a): 0.40 Trustee's Fee (%p.a): 0.05 License Fee (%p.a): 0.04 DJIM25 Index: 1,041.93 |
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CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | CIMB FTSE ASEAN 40 MALAYSIA |
Stock Name | CIMBA40 |
Date Announced | 2 Jun 2014 |
Category | General Announcement |
Reference No | OB-140602-64515 |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | Fund: CIMB FTSE ASEAN 40 Malaysia Date: 02-Jun-2014 NAV per unit (RM): 1.7123 Units in circulation (units): 1,350,000.00 Management Fee (% p.a.): 0.00 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.00 FTSE/ASEAN 40 Index: 11,105.31 |
CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | CIMB FTSE CHINA 25 |
Stock Name | CIMBC25 |
Date Announced | 2 Jun 2014 |
Category | General Announcement |
Reference No | OB-140602-64457 |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | Fund: CIMB FTSE China 25 Date: 02-Jun-2014 NAV per unit (RM): 0.9619 Units in circulation (units): 9,750,000.00 Management Fee (% p.a.): 0.60 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.04 FTSE/Xinhua China 25 Index: 16,207.08 |
MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | MYETF MSCI MALAYSIA ISLAMIC DIVIDEND |
Stock Name | MYETFID |
Date Announced | 2 Jun 2014 |
Category | General Announcement |
Reference No | MM-140602-66189 |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | MYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 02-06-2014 Fund: MYETFID NAV per unit (RM): 1.0257 Units in Circulation (units): 21,600,000 Manager's Fee (%p.a): 0.40 Trustee's Fee (%p.a): 0.045 License Fee (%p.a): 0.06 MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,367.17 |
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KULIM - Annual Report 2013
Company Name | KULIM (MALAYSIA) BERHAD |
Stock Name | KULIM |
Date Announced | 2 Jun 2014 |
Category | Document Receipt |
Reference No | RM-140602-63308 |
Annual Report for Financial Year Ended | 31/12/2013 |
Subject | Annual Report 2013 |
TM - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | TELEKOM MALAYSIA BERHAD |
Stock Name | TM |
Date Announced | 2 Jun 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | TM-140602-1D073 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur. |
NRIC/Passport No/Company No. | EPF Act 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Share of RM0.70 each |
Name & address of registered holder | 1) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 2) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AMUNDI) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 3) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (RHB INV) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 4) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AM INV) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 5) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 6) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. 7) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur. |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 28/05/2014 | 4,501,500 | |
Disposed | 28/05/2014 | 770,000 |
Remarks : |
The notice was received by Telekom Malaysia Berhad on 2 June 2014. |
HYTEXIN - MATERIAL LITIGATION
Company Name | HYTEX INTEGRATED BERHAD |
Stock Name | HYTEXIN |
Date Announced | 2 Jun 2014 |
Category | General Announcement |
Reference No | CS-140602-62896 |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | HYTEX INTEGRATED BERHAD (“HIB” OR “THE COMPANY”) - NOTICE PURSUANT TO SECTION 218 (2) (A) OF THE COMPANIES ACT, 1965 AGAINST WOC BOUTIQUE SDN BHD (“WOC”), A WHOLLY-OWNED SUBSIDIARY OF HIB |
Further to the announcements on the subject matter made on 9 December 2011, 2 March 2012, 28 March 2012 and 30 March 2012, the Board of Directors of HIB wishes to inform that WOC, a wholly-owned subsidiary of HIB, had on 2 June 2014, been served a Notice pursuant to Section 218 (2) (a) of the Companies Act, 1965 (“Notice”) dated 30 May 2014 from Messrs. Skrine, being the solicitors for Hong Leong Bank Berhad (“HLBB”). (1) Date of the presentation of the Notice and the date the Notice was served on the listed issuer, its subsidiary or major associated company. The Notice dated 30 May 2014, was served on WOC, a wholly-owned subsidiary of HIB vide Messrs. Skrine, being the solicitors for HLBB on 2 June 2014. (2) Particulars of the claim under the Notice, including the amount claimed for under the Notice and the interest rate. The Claim pursuant to the Notice is as below: (i) the sum of RM2,160,338.80, being the amount due and owing by WOC to HLBB as at 20 May 2014 pursuant to a Judgement obtained by HLBB against WOC dated 27 March 2012 in respect of Kuala Lumpur High Court Suit No. 22NNCC-2039-12/2011; and (ii) interest on the sum of RM1,785,003.80 at the rate of 3.50% per annum + HLBB’s Base Lending Rate (“BLR”) which is 6.60% per annum as at 26 July 2011 (and such BLR which may be determined by HLBB from time to time) on monthly rest from 21 May 2014 to the date of full and final settlements. (3) Details of the default or circumstances leading to the receipt of the Notice on the listed issuer, its subsidiary or major associated company. The filing of the Notice is pursuant to a Judgment obtained by HLBB against WOC dated 27 March 2012 in respect of Kuala Lumpur High Court Suit No. 22NNCC-2039-12/2011. (4) Confirmation as to whether WOC is a major subsidiary. WOC is not a major subsidiary of HIB. (5) Total cost of investment of WOC. The total cost of investment was RM400,000.00. (6) Financial and operational impact of the receipt of Notice on the Group. (a) There is no material operational impact arising from the Notice. (b) The financial impact resulting from the Notice will be the expected losses arising from the litigation as mentioned in Section 2 above. (7) Expected losses, if any, arising from the Notice. The Company could be liable for the amount stated in Section 2 above. (8) Steps taken or proposed to be taken by HIB in respect of the Notice. The Company is currently in discussion with its solicitors on the next course of action in respect of the above matter. Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.
This announcement is dated 2 June 2014. |
HYTEXIN - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN
Company Name | HYTEX INTEGRATED BERHAD |
Stock Name | HYTEXIN |
Date Announced | 2 Jun 2014 |
Category | General Announcement |
Reference No | CS-140602-62637 |
Type | Announcement |
Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN |
Description | HYTEX INTEGRATED BERHAD (“HIB” OR “THE COMPANY”) - ANNOUNCEMENT ON THE STATUS OF THE COMPANY’S REGULARISATION PLAN PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) (“PN17”) |
Further to the Company’s First Announcement on 3 June 2013 and the subsequent monthly announcements on 1 July 2013, 1 August 2013, 2 September 2013, 1 October 2013, 1 November 2013, 2 December 2013, 2 January 2014, 4 February 2014, 3 March 2014, 1 April 2014 and 2 May 2014, the Board of Directors of HIB wishes to announce that Public Investment Bank Berhad on behalf of the Company, had today submitted an application to Bursa Securities seeking its approval for an extension period of six (6) months up to 1 December 2014 for the Company to finalise and submit its Regularisation Plan to the relevant authorities. The Company shall announce further developments on the above matter in due course. This announcement is dated 2 June 2014. |
HYTEXIN - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT
Company Name | HYTEX INTEGRATED BERHAD |
Stock Name | HYTEXIN |
Date Announced | 2 Jun 2014 |
Category | General Announcement |
Reference No | CS-140602-62239 |
Type | Announcement |
Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
Description | HYTEX INTEGRATED BERHAD (“HIB” OR “THE COMPANY”) - Monthly announcement on the status of the Company’s Regularisation Plan pursuant to Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“PN 17”) |
Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 2 May 2014.
On 19 May 2014, the Court gave an order in terms of the following prayers for United Overseas Bank (Malaysia) Berhad’s (“UOB”) winding-up petition: (i) both HIB and Hytex Apparels Sdn Bhd (“HASB”) be wound up by the Court; (ii) Heng Ji Keng and Andrew Heng (“Official Receivers”) be appointed as Joint and Several Liquidators of both HIB and HASB; and (iii) costs of and incidental to the winding-up be taxed by the proper officer of the Court and paid by the Liquidators out of the assets of both HIB and HASB, collectively referred herein as “UOB Winding-Up Order”. As a result of the UOB Winding-Up Order, Bursa Malaysia Securities Berhad (“Bursa Securities”) had on 22 May 2014 announced that the trading of HIB shares will be suspended with effect from 9.00 a.m., Friday, 30 May 2014 pursuant to Paragraph 16.02(1)(j) of the Main Market Listing Requirements of Bursa Securities. Subsequent thereto, the application for the RO Extension was withdrawn on 23 May 2014 and an application for a stay of the UOB Winding-Up Order pursuant to Section 243 of the Act (“Application For Stay”) was submitted on the even date. Further thereto, the hearing of the UOB Winding-Up Order was fixed on 28 May 2014. On 28 May 2014, the solicitor for UOB had requested for a postponement of the said hearing from the Court as UOB wanted to file an Affidavit of Reply and the Court had fixed that the Affidavit of Reply to be filed to the Court by 4 June 2014. The Court had further requested and directed the following: (i) HIB to serve the Application For Stay to the Official Receivers; (ii) the Official Receivers to file an Affidavit of Reply by 6 June 2014; and (iii) HIB to reply both Affidavits of Reply by UOB and the Official Receivers by 9 June 2014. Pursuant to the above, the hearing date for all the aforesaid matters and affidavits has been fixed on 12 June 2014. In addition, Public Investment Bank Berhad on behalf of the Company, had today submitted an application to Bursa Malaysia Securities Berhad seeking its approval for an extension period of six (6) months up to 1 December 2014 for the Company to finalise and submit the Regularisation Plan to the relevant authorities. Premised on the First Announcement, the Company is required to submit the Regularisation Plan to the relevant authorities today. Save as disclosed above, there has been no material development since the previous announcement. This announcement is dated 2 June 2014. |
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