June 18, 2014

Company announcements: PUC, M3TECH, OPENSYS, NOTION, TEXCYCL, SCN, AMPROP, BURSA

PUC - OTHERS INTELLECTUAL PROPERTY LICENCE AGREEMENT ENTERED INTO BETWEEN REDHOT MEDIA GROUP SDN BHD (“RMGSB”), A WHOLLY-OWNED SUBSIDIARY OF PUC FOUNDER (MSC) BERHAD (“COMPANY”) AND HAINAN XIN ZE TONG YING ADVERTISING CO., LTD. (“HXZTY”).

Announcement Type: General Announcement
Company NamePUC FOUNDER (MSC) BERHAD (ACE Market) 
Stock Name PUC  
Date Announced18 Jun 2014  
CategoryGeneral Announcement
Reference NoCC-140616-20F07

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionINTELLECTUAL PROPERTY LICENCE AGREEMENT ENTERED INTO BETWEEN REDHOT MEDIA GROUP SDN BHD (“RMGSB”), A WHOLLY-OWNED SUBSIDIARY OF PUC FOUNDER (MSC) BERHAD (“COMPANY”) AND HAINAN XIN ZE TONG YING ADVERTISING CO., LTD. (“HXZTY”).

Further to the announcement made on 13 June 2014, we furnish below the additional information :-

1) The Licensee shall pay the Licensor a one-off license fee of RM768,000.00.

2) The license fee of RM768,000.00 was computed based on the agreed price of RM0.04 multiplying with the estimated internet population in Malaysia of 19,200,408.

3) The Agreement is expected to contribute positively to the net assets per share of the Company for the financial year ending 31 December 2014.



M3TECH - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameM3 TECHNOLOGIES (ASIA) BERHAD (ACE Market) 
Stock Name M3TECH  
Date Announced18 Jun 2014  
CategoryGeneral Announcement
Reference NoCM-140617-60083

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionM3 TECHNOLOGIES (ASIA) BERHAD (“M3TECH” OR “COMPANY”)

PROPOSED ACQUISITION OF 23.993% EQUITY INTEREST IN FOTOKEM SDN BHD (“FOTOKEM”) BY M3TECH FOR A TOTAL CASH CONSIDERATION OF RM5,998,438 (“PROPOSED ACQUISITION”)

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Acquisition.

We refer to our announcements dated 4 March 2013, 22 November 2013, 26 November 2013 and 20 May 2014 in relation to the Proposed Acquisition.

The Board wishes to announce that the cash consideration of RM5,998,438 for the Proposed Acquisition has been fully settled on 18 June 2014.

In this regard, the Proposed Acquisition is deemed completed on the same date and Fotokem is 23.993% owned by M3Tech.

This announcement is dated 18 June 2014.


OPENSYS - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameOPENSYS (M) BERHAD (ACE Market) 
Stock Name OPENSYS  
Date Announced18 Jun 2014  
CategoryGeneral Meetings
Reference NoCC-140617-52724

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting18/06/2014
Time03:00 PM
VenueAtlanta East, Level 3, Hotel Armada Petaling Jaya, Lorong Utara C, Seksyen 52, 46200 Petaling Jaya, Selangor Darul Ehsan.
Outcome of Meeting

The Company wishes to announce that all the resolutions as set out in the Notice of 18th Annual General Meeting ("AGM") dated 27th May 2014 were duly passed and carried at the 18th AGM of the Company duly convened and held on 18th June 2014.



NOTION - Changes in Sub. S-hldr's Int. (29B) - Choo Wing Hong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameNOTION VTEC BERHAD  
Stock Name NOTION  
Date Announced18 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140616-55485

Particulars of substantial Securities Holder

NameChoo Wing Hong
Address1 Jalan 18/7
46000 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.650615-10-7715
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderChoo Wing Hong
1 Jalan 18/7
46000 Petaling Jaya
Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed13/06/2014
134,000
0.553 
Disposed13/06/2014
208,000
0.550 
Disposed16/06/2014
32,000
0.550 
Disposed17/06/2014
106,000
0.550 
Disposed18/06/2014
20,000
0.550 

Circumstances by reason of which change has occurredSale in open market
Nature of interestDirect
Direct (units)34,282,026 
Direct (%)12.78 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change34,282,026
Date of notice18/06/2014

Remarks :
The total direct shareholdings are held as follows:-
(i) 20,606,026 ordinary shares of RM0.50 each are registered in the name of Choo Wing Hong;
(ii) 6,676,000 ordinary shares of RM0.50 each are registered in the name of AllianceGroup Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Hong; and
(iii) 7,000,000 ordinary shares of RM0.50 each are registered in the name of RHB Capital Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Hong.

The percentage of direct interest is based on the issued and paid-up share capital less 2,149,273 ordinary shares of RM0.50 each bought-back by the Company and retained as treasury shares.


NOTION - Changes in Director's Interest (S135) - Choo Wing Hong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameNOTION VTEC BERHAD  
Stock Name NOTION  
Date Announced18 Jun 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140616-54681

Information Compiled By KLSE

Particulars of Director

NameChoo Wing Hong
Address1 Jalan 18/7
46000 Petaling Jaya
Selangor Darul Ehsan
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)
Disposed
13/06/2014
134,000
0.553 
Disposed
13/06/2014
208,000
0.550 
Disposed
16/06/2014
32,000
0.550 
Disposed
17/06/2014
106,000
0.550 
Disposed
18/06/2014
20,000
0.550 

Circumstances by reason of which change has occurred
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)34,282,026 
Direct (%)12.78 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice18/06/2014

Remarks :
The total direct shareholdings are held as follows:-
(i) 20,606,026 ordinary shares of RM0.50 each are registered in the name of Choo Wing Hong;
(ii) 6,676,000 ordinary shares of RM0.50 each are registered in the name of AllianceGroup Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Hong; and
(iii) 7,000,000 ordinary shares of RM0.50 each are registered in the name of RHB Capital Nominees (Tempatan) Sdn Bhd Pledged Securities Account of Choo Wing Hong.

The percentage of direct interest is based on the issued and paid-up share capital less 2,149,273 ordinary shares of RM0.50 each bought-back by the Company and retained as treasury shares.


NOTION - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameNOTION VTEC BERHAD  
Stock Name NOTION  
Date Announced18 Jun 2014  
CategoryGeneral Announcement
Reference NoCC-140618-38772

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has notified of the changes in his direct interest in the securities of the Company, details as set out in Table 1 hereunder.

This announcement is dated 18 June 2014.

Table 1

Name of Director

Date of Disposal

Type of Securities Disposed

Number of Securities Disposed

% of Securities Disposed *

Price per Security (RM)

Choo Wing Hong

13 June 2014

Ordinary Share

134,000

0.05%

0.553

Choo Wing Hong

13 June 2014

Ordinary Share

208,000

0.08%

0.550

Choo Wing Hong

16 June 2014

Ordinary Share

32,000

0.01%

0.550

Choo Wing Hong

17 June 2014

Ordinary Share

106,000

0.04%

0.550

Choo Wing Hong

18 June 2014

Ordinary Share

20,000

0.01%

0.550

* The percentage of holding is based on the issued and paid-up share capital of 270,418,065 shares less 2,149,273 shares held as treasury shares.



TEXCYCL - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameTEX CYCLE TECHNOLOGY (M) BERHAD (ACE Market) 
Stock Name TEXCYCL  
Date Announced18 Jun 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-140618-0FCF1

Date of buy back18/06/2014
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)30,000
Minimum price paid for each share purchased ($$)0.670
Maximum price paid for each share purchased ($$)0.670
Total consideration paid ($$)20,100.00
Number of shares purchased retained in treasury (units)30,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)1,350,600
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 (%)0.8


SCN - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameSCAN ASSOCIATES BERHAD (ACE Market) 
Stock Name SCN  
Date Announced18 Jun 2014  
CategoryGeneral Announcement
Reference NoOS-140618-56374

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionSCAN ASSOCIATES BERHAD (“SCAN” OR THE “COMPANY”)

PRIVATE PLACEMENT OF UP TO 20,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN SCAN (“PLACEMENT SHARES”) TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED (“PRIVATE PLACEMENT”)

On behalf of the Board of Directors of SCAN, M&A Securities Sdn Bhd (“M&A Securities”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 18 June 2014, approved the listing of and quotation for up to 20,000,000 new SCAN Shares to be issued pursuant to the Private Placement on the ACE Market of Bursa Securities subject to the following conditions:

 

(i) SCAN and M&A Securities must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Private Placement;

 

(ii) SCAN and M&A Securities to inform Bursa Securities upon completion of the Private Placement; and

 

(iii) SCAN to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Private Placement is completed.

 

This announcement is dated 18 June 2014.



AMPROP - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameAMCORP PROPERTIES BERHAD  
Stock Name AMPROP  
Date Announced18 Jun 2014  
CategoryGeneral Announcement
Reference NoAP-140617-61426

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionThe Company wishes to inform that Encik Mohamed Fadzil Bin Abdul Hamid, a Director of major subsidiaries of the Company, has notified his dealing in the securities of the Company as set out in the table below.

This announcement is dated 18 June 2014.

Date of Disposal

Number of Shares

Total consideration (RM)

% of Issued Shares

16 June 2014

50,000

60,057.85

0.0086

Remark: The percentage is computed based on the total number of issued and paid-up share capital of the Company net of 3,098,200 treasury shares.



BURSA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBURSA MALAYSIA BERHAD  
Stock Name BURSA  
Date Announced18 Jun 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoBM-140618-3ABBF

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF Act 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1.Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
Level 42, Menara Citibank
165, Jalan Ampang
50450 Kuala Lumpur


2. Employees Provident Fund (EPF) Board
Tingkat 19, Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed13/06/2014
500,000
 

Circumstances by reason of which change has occurredDisposed in open market
Nature of interestDirect
Direct (units)500,000 
Direct (%)0.09 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change31,966,194
Date of notice18/06/2014

Remarks :
31,966,194 ordinary shares of RM0.50 each represented 6.0% shareholding in Bursa Malaysia Berhad ("Bursa"):-

a) 30,466,194 Bursa shares are held under nominees account with Citigroup Nominees (Tempatan) Sdn Bhd ("CNT") in Account No. 1; and

b) 1,500,000 Bursa shares are held directly by EPF Board in Account No. 2.

This announcement is made based on Form 29B dated 16 June 2014 which was submitted by CNT to Bursa on 18 June 2014.


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