June 13, 2014

Company announcements: GTRONIC, SYF, EKA, GOODWAY, KEINHIN, SIGN

GTRONIC - Changes in Director's Interest (S135) - Ng Kweng Chong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced13 Jun 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140613-41FFD

Information Compiled By KLSE

Particulars of Director

NameNg Kweng Chong
Address66B Penang Street, 10200 Penang
Descriptions(Class & nominal value)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)
Acquired
10/06/2014
4,000
4.170 
Acquired
11/06/2014
4,000
4.170 
Acquired
12/06/2014
4,000
4.230 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn. Bhd.
Nature of interestDeemed
Consideration (if any) 

Total no of securities after change

Direct (units)2,594,071 
Direct (%)0.92 
Indirect/deemed interest (units)62,673,085 
Indirect/deemed interest (%)22.3 
Date of notice13/06/2014

Remarks :
The total percentage of securities acquired is negligible. This announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Ng Kweng Chong Holdings Sendirian Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced13 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140613-41D00

Particulars of substantial Securities Holder

NameNg Kweng Chong Holdings Sendirian Berhad
Address51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
NRIC/Passport No/Company No.51580-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Ng Kweng Chong Holdings Sendirian Berhad of 51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
2) Wiserite Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang
3) Glencare Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/06/2014
4,000
 
Acquired11/06/2014
4,000
 
Acquired12/06/2014
4,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)10,152,524 
Direct (%) 
Indirect/deemed interest (units)51,277,241 
Indirect/deemed interest (%) 
Total no of securities after change61,429,765
Date of notice13/06/2014


GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Ng Kweng Chong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced13 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140613-42393

Particulars of substantial Securities Holder

NameNg Kweng Chong
Address66B Penang Street, 10200 Penang
NRIC/Passport No/Company No.480224-07-5163
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Ng Kweng Chong of 66B Penang Street, 10200 Penang
2) Gooi Mei Hoon of 46-A Jalan Sultan Ahmad Shah, 10050 Penang
3) Ng Hooi Chin of 46-A Jalan Sultan Ahmad Shah, 10050 Penang
4) Ng Kweng Chong Holdings Sendirian Berhad of 51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
5) Wiserite Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang
6) Glencare Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired10/06/2014
4,000
 
Acquired11/06/2014
4,000
 
Acquired12/06/2014
4,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)2,594,071 
Direct (%) 
Indirect/deemed interest (units)62,648,565 
Indirect/deemed interest (%) 
Total no of securities after change65,242,636
Date of notice13/06/2014


SYF - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD (Amended Announcement)

Announcement Type: General Announcement
Company NameSYF RESOURCES BERHAD  
Stock Name SYF  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoCK-140613-41661

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionPursuant to paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company has received notification from Dato' Sri Ng Ah Chai, the Director of SYF Resources Bhd, in relation to the disposal of shares, details of which are set out in the table below.-

Date of Dealing

Number of Shares Disposed

Price per share
(RM)

% of securities

12 June 2014

2,000,000

(Direct deal)

1.05

0.73

12 June 2014

3,000,000

(Direct deal)

1.05

1.09

12 June 2014

1,000,000

(Direct deal)

1.05

0.36

12 June 2014

1,500,000

(Direct deal)

1.05

0.55

Total issued and paid-up share capital is RM68,799,626.50 divided into 275,198,506 ordinary shares (including 820,000 treasury shares) of RM0.25 each.

Remark: The announcement description should be disposal of shares instead of acquisition of shares.



SYF - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD (Amended Announcement)

Announcement Type: General Announcement
Company NameSYF RESOURCES BERHAD  
Stock Name SYF  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoCK-140613-40849

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionPursuant to paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company has received notification from Mr. Cheong Yee Kiong, the Director of SYF Resources Bhd, in relation to the disposal of shares, details of which are set out in the table below.-


Date of Dealing

Number of Shares Disposed

Price per share
(RM)

% of securities

12 June 2014

2,000,000

(Direct deal)

1.05

0.73

Total issued and paid-up share capital is RM68,799,626.50 divided into 275,198,506 ordinary shares (including 820,000 treasury shares) of RM0.25 each.

Remark: The announcement description should be disposal of shares instead of acquisition of shares.



EKA - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameEKA NOODLES BERHAD  
Stock Name EKA  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoCC-140613-62171

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionEKA NOODLES BERHAD (“EKA” OR “THE COMPANY”)
WINDING-UP PETITION (NO. 28-18-06/2014) SERVED ON KILANG BIHUN BERSATU SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
The Company wishes to inform that Kilang Bihun Bersatu Sdn Bhd (“KBBSB”), a wholly-owned subsidiary of EKA had been served with a copy of sealed Petition and the Affidavit verifying the Petition. The winding-up petition against KBBSB was presented to the Alor Setar High Court by Kepala Batas Bihun Sdn Bhd (“Petitioner”) on 02 June 2014 and a copy was then served to the Company on 13 June 2014. The petition was fixed for hearing on 16 June 2014.

Particulars of the claim

The Petitioner had made a claim of RM735,690.51 being the amount owing by KBBSB together with interest of 5% per annum on the sum of RM735,690.51 from 20 June 2013 up to the date of full payment and the cost of proceedings of RM8,584.00 (“Amount Outstanding”).

Circumstances leading to the filing of the winding-up petition

KBBSB was served a Notice Pursuant to Section 218 of the Companies Act 1965 (“Notice”) dated 11 April 2014 by the Petitioner in relation to the Amount Outstanding. In the event, KBBSB neglects or fails to settle the Amount Outstanding within 21 days from 25 April 2014, KBBSB shall be deemed to be unable to pay the Amount Outstanding pursuant Section 218B(2)(a) of the Companies Act, 1965 and the Petitioner shall commence legal proceedings to wind up KBBSB pursuant to the provisions of the Companies Act, 1965.

Confirmation of major subsidiary and total cost of investment

KBBSB is a major subsidiary of EKA and the total cost of investment is RM30,684,496.

Financial & Operational Impact

There is no material financial or operational impact on Group.

Expected losses to the Group, if any

KBBSB is exposed to the claim, interests and legal expenses stated above.

Steps taken by the Company

KBBSB has appointed lawyer for the hearing on 16 June 2014. Separately, KBBSB had also made submission of appeal to the Court of Appeal. Please refer the material litigation announcement dated 13 June 2014.

This announcement is dated 13 June 2014.


EKA - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameEKA NOODLES BERHAD  
Stock Name EKA  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoCC-140613-62445

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionEKA NOODLES BERHAD (“EKA” OR “THE COMPANY”)
WRIT OF SUMMON AND STATEMENT OF CLAIMS BY KEPALA BATAS BIHUN SDN BHD SERVED ON KILANG BIHUN BERSATU SDN BHD
(Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the announcement dated 30 August 2013 in relation to the Writ of Summon and Statement of Claims by Kepala Batas Bihun Sdn Bhd served on Kilang Bihun Bersatu Sdn Bhd (“Announcement”))
We refer to our earlier announcement dated 10 April 2014.

The Company wishes to inform that KBBSB had decided to apply to the Court of Appeal and the matter is now fixed as follows:


1. MENTION on 24 June 2014 for Respondent to file an 'Affidavit In Reply'.
2. MENTION on 13 July 2014 for Written Submission by Kepala Batas Bihun Sdn Bhd and KBBSB.
3. DECISION on 21 July 2014.

This announcement is dated 13 June 2014.


GOODWAY - Changes in Sub. S-hldr's Int. (29B) - Oh Kim Sun

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGOODWAY INTEGRATED INDUSTRIES BERHAD  
Stock Name GOODWAY  
Date Announced13 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140612-0925B

Particulars of substantial Securities Holder

NameOh Kim Sun
AddressA-3-2 Sutera Bukit Tunku
20A Jalan Tun Ismail
Bukit Tunku
50480 Kuala Lumpur
NRIC/Passport No/Company No.480621-04-5179
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderRHB Capital Nominees (Tempatan) Sdn Bhd
-Pledged securities account for Sleuths Holdings Sdn Bhd
HDM Nominees (Tempatan) Sdn Bhd
-Pledged securities account for Oh Kim Sun

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed09/06/2014
319,600
 
Disposed12/06/2014
1,000,000
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Direct (units)11,678,125 
Direct (%)10.57 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change11,678,125
Date of notice12/06/2014

Remarks :
1)RHB Capital Nominees (Tempatan) Sdn Bhd
-Pledged securities account for Sleuths Holdings Sdn Bhd (6,678,125 shares)
2)RHB Capital Nominees (Tempatan) Sdn Bhd
-Pledged securities account for Melval Holdings Sdn Bhd (5,000,000 shares)


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

Announcement Type: General Announcement
Company NameKEIN HING INTERNATIONAL BERHAD  
Stock Name KEINHIN  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoCC-140611-57049

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionKEIN HING INTERNATIONAL BERHAD (“KHIB” or “the Company”)
- Variation Between the Actual Value and Estimated Value by 10% or More

Pursuant to Paragraph 10.09(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), KHIB wishes to announce that Kein Hing Industry Sdn. Bhd. (“KHI”), a wholly-owned subsidiary of KHIB has on 13 June 2014 received a purchase order to produce tooling mould for Kein Hing Muramoto (Vietnam) Co., Ltd (“KHMV”), a 51% owned subsidiary of KHIB for total cash consideration of USD24,000.00 or equivalent to RM78,000.00 approximately. The delivery of the tooling mould will be over a period of June and July 2014. The producing of tooling mould is of a recurring and trading nature and is in the ordinary course of business of KHIB and its subsidiaries.

The Board has at the Tenth Annual General Meeting held on 17 October 2013 obtained shareholders’ mandate to renew the transaction on KHI producing metal components and tooling mould for KHMV for an estimated value of RM2,000,000.00 (“the said Transaction”) as set out in the Circular to Shareholders dated 25 September 2013. The actual value of the said Transaction up to 31 May 2014 is RM2,183,795.00. In view thereof, the actual value will exceed the estimated value of the said Transaction granted in the existing mandate by approximately RM261,795.00 or 13%. The increase in sales of tooling mould from KHI to KHMV is mainly attributed to stronger customer demand in Vietnam.

This announcement is dated 13 June 2014.



SIGN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameSIGNATURE INTERNATIONAL BERHAD  
Stock Name SIGN  
Date Announced13 Jun 2014  
CategoryGeneral Announcement
Reference NoCC-140613-52247

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionSignature International Berhad (“SIGN”or the “Company”)
ID Industries Sdn Bhd (“ID Industries”) and Wong Jee Jong (collectively known as the “Plaintiffs”) vs Signature Cabinet Sdn Bhd (“Signature Cabinet”), Tan Kee Choong and Chooi Yoey Sun (collectively known as the “Defendants”)

Further to the announcement made by the Company on 24 January 2014, the Board of Directors wishes to announce that the solicitors for the Defendants had on 11 June 2014 received from the solicitors for the Plaintiffs Notices of Discontinuance both dated 11 June 2014 to discontinue the suits against the Defendants without liberty to file afresh and no order as to costs.

 

This announcement is dated 13 June 2014.

 


 



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