INFOTEC - Proposed Change of Company Name
| Company Name | INFORTECH ALLIANCE BERHAD (ACE Market) |
| Stock Name | INFOTEC |
| Date Announced | 18 Jun 2014 |
| Category | Proposed Change of Company Name |
| Reference No | CS-140618-55861 |
| Admission Sponsor | TA Securities Holdings Bhd |
| Sponsor | Same as above |
| Proposed company name | JAG BERHAD |
| Remarks : |
| Reference is made to the announcement made by the Company on 15 May 2014 in relation to the Proposed Change of Name. The Board of Directors of the Company wishes to inform that the Company has on 18 June 2014 received the Certification of Incorporation on Change of Name of Company (Form 13) dated 16 June 2014 issued by the Companies Commission of Malaysia. Accordingly, the name of the Company has been changed to "JAG Berhad" with effect from 16 June 2014. This announcement is dated 18 June 2014. |
PERISAI - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | PERISAI PETROLEUM TEKNOLOGI BHD |
| Stock Name | PERISAI |
| Date Announced | 18 Jun 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140618-45392 |
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 SHARES OF RM0.10 SHARES |
| Name & address of registered holder | CITIGROUP NOMINEES (TEMPATAN) SDN BHD -EMPLOYEES PROVIDENT FUND BOARD 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 | 13/06/2014 | 429,900 |
| Remarks : |
| 1) The percentage of shareholding excludes 400,000 shares bought-back by the Company and retained as treasury shares. 2) Form 29B received on 18 June 2014. |
SERSOL - GENERAL MEETINGS: OUTCOME OF MEETING
| Company Name | SERSOL BERHAD (ACE Market) |
| Stock Name | SERSOL |
| Date Announced | 18 Jun 2014 |
| Category | General Meetings |
| Reference No | CC-140617-69748 |
| Type of Meeting | AGM |
| Indicator | Outcome of Meeting |
| Date of Meeting | 18/06/2014 |
| Time | 10:00 AM |
| Venue | Carlton Conference Centre - Carlton 6, Level 2, Ritz Carlton, 168 Jalan Imbi, 55100 Kuala Lumpur |
| Outcome of Meeting | The Board of Directors of SerSol Berhad ("SerSol") is pleased to announce that the shareholders of SerSol have at the Company's Eleventh Annual General Meeting ("11th AGM") held on Wednesday, 18 June 2014 approved all the resolutions prescribed in the Notice of the 11th AGM dated 27 May 2014 enclosed in the Annual Report for the financial year 2013. This announcement is dated 18 June 2014. |
AT - MEMORANDUM OF UNDERSTANDING
| Company Name | AT SYSTEMATIZATION BERHAD (ACE Market) |
| Stock Name | AT |
| Date Announced | 18 Jun 2014 |
| Category | General Announcement |
| Reference No | CA-140618-59613 |
| Type | Announcement | ||||||||||||||||
| Subject | MEMORANDUM OF UNDERSTANDING | ||||||||||||||||
| Description | MEMORANDUM OF UNDERSTANDING BETWEEN AT PRECISION TOOLING SDN. BHD. (COMPANY NO. 627975-M) (“ATP”), A WHOLLY-OWNED SUBSIDIARY OF AT SYSTEMATIZATION BERHAD (“ATS”) WITH FONG’S ENGINEERING & MANUFACTURING PTE. LTD. (“FEM”) [COLLECTIVELY KNOWN AS “THE PARTIES” | ||||||||||||||||
1.0 INTRODUCTION The Board of Directors (“Board”) of ATS is pleased to announce that its wholly-owned subsidiary, AT Precision Tooling Sdn. Bhd. (Company No. 627975-M) (“ATP”) has on June 18, 2014 entered into a Memorandum of Understanding (“MOU”) with Fong’s Engineering & Manufacturing Pte. Ltd. (“FEM”) with the intention to form a Joint Venture Company (“JVCO”) to collaborate in the area of oil and gas, life science, electronics, aerospace and other industries operations and to position the JVCO as FEM’s manufacturing arm outside Singapore to meet FEM’s customers’ job orders and requirements (“Proposed Joint Venture”). 2.0 BACKGROUND INFORMATION ON THE PARTIES ATP is a private company incorporated in Malaysia under the Companies Act 1965 and having its business address at Plot 49, Hilir Sungai Keluang 2, Bayan Lepas Industrial Zone Phase IV, 11900 Bayan Lepas, Penang, Malaysia. ATP is involved in fabrication of industrial and engineering parts. FEM is a private company incorporated in Singapore and having its business address at No. 79 Loyang Way, Singapore 508766. FEM is specialized in precision engineering turnkey project. 3.0 SALIENT TERMS OF THE MOU 3.1 Equity Structure ATP shall contribute the initial capital of JVCO. ATP agreed to give 25% equity stake in JVCO to FEM and the final equity ratio in the JVCO shall be as follows
3.2 Proposed Directors of JVCO The Parties agreed that the board of directors of JVCO shall consist of two (2) representatives from ATP and one (1) representative from FEM. The board of directors of JVCO shall determine and outline the principles on how the interest of the Parties in relation to the assets, liabilities, obligations, costs, expenses, profits, dividends and losses arising out of the execution of the works under the joint venture shall be apportioned, taking into account the agreed proportions stated under Section 3.1 above. 3.3 Responsibilities and Obligations of the Parties Amongst the responsibilities and obligations of the Parties in this MOU are:- (a) ATP shall be responsible to source for financing from the financial institutions, including investment in form of machineries. ATP agrees to become the corporate guarantor for JVCO if required by the financial institutions. (b) FEM shall be responsible to secure job orders for JVCO. It is a mutual understanding of both Parties that FEM will provide commitment in form of securing orders to JVCO based on the pre-agreed target. 3.4 Execution of MOU The execution of the MOU shall be for each party’s responsibility and the territory of the co-operation covers both Singapore and Malaysia and both Parties agreed to apply for the “first right of refusal or first right of offer” clause during the execution of this MOU. Other detailed terms and conditions, including all the commercial terms, shall be included in subsequent definite agreement. 3.5 Exclusivity and Confidentiality of MOU The Parties agrees this MOU and its subsequent Execution Agreement shall be made exclusive and none of the Parties shall disclose any contents or information in the MOU and also in the subsequent Execution Agreement directly or indirectly to any third party unless with the prior written approval from the other Party. 3.6 Duration of MOU The MOU shall be effective on the date of the execution and valid for a minimum period of 2 months and may be extended for a further period as may be agreed by the Parties. The MOU shall be automatically terminated upon the execution of Execution Agreement. Early termination can be made at anytime, with a 30 (thirty) days prior notification in writing from one Party to the other. 4. FINANCIAL EFFECTS The MOU will not have any effect on the share capital, shareholdings of major shareholders (where relevant), net assets per share and gearing of ATS. The effects of the Proposed Joint Venture will only be determined upon the finalisation of terms of the Proposed Joint Venture. 5. APPROVALS REQUIRED The MOU is not subject to the approval of the shareholders of ATS or any government authorities. 6. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the
directors, major shareholders or person connected with them have any interest,
direct or indirect, in the MOU. 7. DIRECTORS’ STATEMENT The Board, after due consideration of all aspects of the MOU, is of the opinion that the MOU is in the best interest of ATS Group. This announcement is dated June 18, 2014. | |||||||||||||||||
RAYA - Change in Boardroom
| Company Name | RAYA INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | RAYA |
| Date Announced | 18 Jun 2014 |
| Category | Change in Boardroom |
| Reference No | CS-140618-2EBBA |
| Date of change | 18/06/2014 |
| Name | Mohd Shukri Bin Abdullah |
| Age | 48 |
| Nationality | MALAYSIAN |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Type of change | Resignation |
| Reason | DUE TO OTHER BUSINESS COMMITMENTS |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | BUSINESSMAN |
| Working experience and occupation | Encik Mohd Shukri Abdullah started his career with Shell Malaysia Trading Sdn. Bhd. as a Forecourt Executive in the Marketing Retail Development Division in 1990. Three years later he joined Panmart Development Sdn. Bhd. In 1998, he was appointed as the Contracts & Promotions Manager for Carpet Raya Sdn. Bhd. ("Carpet Raya"). With his vast experience, Encik Mohd Shukri contributed tremendously to the overall growth of the company to become one of the leading companies in the industry. At present, he is the appointed director for Carpet Raya. Besides Carpet Raya, he is also a director in a number of companies such as TJ Oil Land Services Sdn. Bhd., Asia Canggih Sdn. Bhd., Affluent Corridor Sdn.Bhd., Radiant Splendour Sdn. Bhd., Dekad Darat Sdn. Bhd. and Prudent Plus Sdn. Bhd. Through these companies, he oversees the acquisition and sale of landmark properties in Kuala Lumpur such as Angkasaraya, Glomac Tower, offices and residences within KLCC vicinity. He established Indah Profiles Sdn. Bhd. in 2000 to focus on his passion to effectively produce promotional activities for organisations by garnering support from their industry partners. His passion for the Halal Industry saw him founding and organising the first Malaysia International Halal Showcase in 2004. |
| Directorship of public companies (if any) | NO |
| Family relationship with any director and/or major shareholder of the listed issuer | NO |
| Any conflict of interests that he/she has with the listed issuer | NO |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NO |
RAYA - Change in Boardroom
| Company Name | RAYA INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | RAYA |
| Date Announced | 18 Jun 2014 |
| Category | Change in Boardroom |
| Reference No | CS-140618-61460 |
| Date of change | 18/06/2014 |
| Name | Dato' Malek Radzuan Bin Saharin |
| Age | 56 |
| Nationality | MALAYSIAN |
| Designation | Non-Executive Director |
| Directorate | Non Independent & Non Executive |
| Type of change | Resignation |
| Reason | DUE TO OTHER BUSINESS COMMITMENTS |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | College University Octawa Florida with a degree of arts |
| Working experience and occupation | After graduation, Dato' Malek Radzuan persued his career in music, his first album was launched in 1980 and the subsequent album as was launched in 1981. As of todate, Dato' Malek has launched a total of 23 albums. In 2003, Dato’ Malek Radzuan became a member of PAPITA (Persatuan Penyanyi-Pemuzik Penulis Lagu Tanahair). With his vast experience in music industry, Dato' Malek was appointed as Deputy President of PAPITA and he is still serving in the association. Dato' Malek has possessed more than 30 years of experience in music and singing. In 2006, Dato' Malek become a member of Association/Pertubuhan Perniagaan Melayu. Dato' Malek also own a tourism company which has been operating for the past five years. With his vast experience in the industry, Dato’ Malek was appointed as the Director of Yayasan Artis 1 Malaysia in May 2012 |
| Directorship of public companies (if any) | NO |
| Family relationship with any director and/or major shareholder of the listed issuer | NO |
| Any conflict of interests that he/she has with the listed issuer | NO |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NO |
RAYA - Change in Audit Committee
| Company Name | RAYA INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | RAYA |
| Date Announced | 18 Jun 2014 |
| Category | Change in Audit Committee |
| Reference No | CS-140618-63417 |
| Date of change | 18/06/2014 |
| Name | MOHD FIKRY BIN RAHMAN |
| Age | 28 |
| Nationality | MALAYSIAN |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | BACHELOR OF ENGINEERING TECHNOLOGY IN SUPPLY CHAIN MANAGEMENT |
| Working experience and occupation | EN FIKRY STARTED HIS CAREER AT SEICOM SYSTEM SDN BHD AS A PROJECT MANAGER RESPONSIBLE IN MANAGING A PROJECT DEVELOPMENT FROM INITIATION STAGE TO ITS CLOSURE. IN SEPTEMBER 2013 TILL TODATE, HE IS SERVING AS SENIOR PROCUREMENT EXECUTIVE AT HALLIBURTON SERVICES (M) SDN BHD RESPONSIBLE IN MONITORING, PROCESSING AND CONTROLLING ALL PROCUREMENT ACTIVITIES |
| Directorship of public companies (if any) | NO |
| Family relationship with any director and/or major shareholder of the listed issuer | N/A |
| Any conflict of interests that he/she has with the listed issuer | N/A |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NO |
| Composition of Audit Committee (Name and Directorate of members after change) | MEMBER 1. MOHD FIKRY BIN RAHMAN - INDEPENDENT & NON EXECUTIVE DIRECTOR |
RAYA - Change in Audit Committee
| Company Name | RAYA INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | RAYA |
| Date Announced | 18 Jun 2014 |
| Category | Change in Audit Committee |
| Reference No | CS-140618-4411A |
| Date of change | 18/06/2014 |
| Name | Dato' Malek Radzuan Bin Saharin |
| Age | 56 |
| Nationality | MALAYSIAN |
| Type of change | Resignation |
| Designation | Member of Audit Committee |
| Directorate | Non Independent & Non Executive |
| Qualifications | College University Octawa Florida with a Degree of Arts |
| Working experience and occupation | After graduation, Dato' Malek Radzuan persued his career in music, his first album was launched in 1980 and the subsequent album as was launched in 1981. As of todate, Dato' Malek has launched a total of 23 albums. In 2003, Dato’ Malek Radzuan became a member of PAPITA (Persatuan Penyanyi-Pemuzik Penulis Lagu Tanahair). With his vast experience in music industry, Dato' Malek was appointed as Deputy President of PAPITA and he is still serving in the association. Dato' Malek has possessed more than 30 years of experience in music and singing. In 2006, Dato' Malek become a member of Association/Pertubuhan Perniagaan Melayu. Dato' Malek also own a tourism company which has been operating for the past five years. With his vast experience in the industry, Dato’ Malek was appointed as the Director of Yayasan Artis 1 Malaysia in May 2012 |
| Directorship of public companies (if any) | NO |
| Family relationship with any director and/or major shareholder of the listed issuer | NO |
| Any conflict of interests that he/she has with the listed issuer | NO |
| Details of any interest in the securities of the listed issuer or its subsidiaries | N/A |
| Composition of Audit Committee (Name and Directorate of members after change) | AUDIT COMMITTEE MEMBER 1. MOHD FIKRY BIN RAHMAN - INDEPENDENT & NON EXECUTIVE DIRECTOR |
RAYA - Change in Audit Committee
| Company Name | RAYA INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | RAYA |
| Date Announced | 18 Jun 2014 |
| Category | Change in Audit Committee |
| Reference No | CS-140618-4A73A |
| Date of change | 18/06/2014 |
| Name | Mohd Shukri Bin Abdullah |
| Age | 48 |
| Nationality | MALAYSIAN |
| Type of change | Resignation |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | BUSINESSMAN |
| Working experience and occupation | Encik Mohd Shukri Abdullah started his career with Shell Malaysia Trading Sdn. Bhd. as a Forecourt Executive in the Marketing Retail Development Division in 1990. Three years later he joined Panmart Development Sdn. Bhd. In 1998, he was appointed as the Contracts & Promotions Manager for Carpet Raya Sdn. Bhd. ("Carpet Raya"). With his vast experience, Encik Mohd Shukri contributed tremendously to the overall growth of the company to become one of the leading companies in the industry. At present, he is the appointed director for Carpet Raya. Besides Carpet Raya, he is also a director in a number of companies such as TJ Oil Land Services Sdn. Bhd., Asia Canggih Sdn. Bhd., Affluent Corridor Sdn.Bhd., Radiant Splendour Sdn. Bhd., Dekad Darat Sdn. Bhd. and Prudent Plus Sdn. Bhd. Through these companies, he oversees the acquisition and sale of landmark properties in Kuala Lumpur such as Angkasaraya, Glomac Tower, offices and residences within KLCC vicinity. He established Indah Profiles Sdn. Bhd. in 2000 to focus on his passion to effectively produce promotional activities for organisations by garnering support from their industry partners. His passion for the Halal Industry saw him founding and organising the first Malaysia International Halal Showcase in 2004 |
| Directorship of public companies (if any) | NO |
| Family relationship with any director and/or major shareholder of the listed issuer | NO |
| Any conflict of interests that he/she has with the listed issuer | NO |
| Details of any interest in the securities of the listed issuer or its subsidiaries | N/A |
| Composition of Audit Committee (Name and Directorate of members after change) | AUDIT COMMITTEE MEMBER 1. MOHD FIKRY BIN RAHMAN - INDEPENDENT & NON EXECUTIVE DIRECTOR |
RAYA - Change in Boardroom
| Company Name | RAYA INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | RAYA |
| Date Announced | 18 Jun 2014 |
| Category | Change in Boardroom |
| Reference No | CS-140618-94522 |
| Date of change | 18/06/2014 |
| Name | MOHD FIKRY BIN RAHMAN |
| Age | 28 |
| Nationality | MALAYSIAN |
| Type of change | Appointment |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | BACHELOR OF ENGINEERING TECHNOLOGY IN SUPPLY CHAIN MANAGEMENT |
| Working experience and occupation | EN FIKRY STARTED HIS CAREER AT SEICOM SYSTEM SDN BHD AS A PROJECT MANAGER RESPONSIBLE IN MANAGING A PROJECT DEVELOPMENT FROM INITIATION STAGE TO ITS CLOSURE. IN SEPTEMBER 2013 TILL TODATE, HE IS SERVING AS SENIOR PROCUREMENT EXECUTIVE AT HALLIBURTON SERVICES (M) SDN BHD RESPONSIBLE IN MONITORING, PROCESSING AND CONTROLLING ALL PROCUREMENT ACTIVITIE |
| Directorship of public companies (if any) | NO |
| Family relationship with any director and/or major shareholder of the listed issuer | NO |
| Any conflict of interests that he/she has with the listed issuer | NO |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NO |
| Remarks : |
| Gender : Male |
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