July 9, 2014

Company announcements: HYTEXIN, SMRT, IJACOBS, ABFMY1, MAYBANK, TROP

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

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced8 Jul 2014  
CategoryGeneral Announcement
Reference NoCS-140708-67986

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionHYTEX INTEGRATED BERHAD (“HIB” OR “THE COMPANY”)
- PETITION BY HONG LEONG BANK BERHAD ("HLBB” OR “PETITIONER") SERVED ON WOC BOUTIQUE SDN. BHD. ("WOC"), A WHOLLY-OWNED SUBSIDIARY OF HIB (“PETITION”)

The Company wishes to inform that HIB and its subsidiary, WOC had received the petition for winding-up. The details of the Petition are as follows:

1. Date of the presentation of the winding-up petition and the date the winding-up petition was served

The winding-up petition against WOC was presented via the High Court of Malaya at Kuala Lumpur (“Court”), Winding-up No. 28NCC-519-07/2014 on 4 July 2014 by the Petitioner and a copy was served to the Company on 8 July 2014 from Messrs. Skrine, being the solicitors for the Petitioner. The Court had fixed the case management on 18 July 2014 and the hearing date for the winding-up petition is fixed on 4 September 2014.

2. Particulars of the claim under the winding-up petitions, including the amount claimed for under the winding-up petition and the interest rate

The Petitioner's claims are 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 filing of the winding-up petition against the Company and its subsidiary

The filing of the Petition 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 the subsidiary is a major subsidiary

WOC is not a major subsidiary of HIB.

5. Total cost of investment in the subsidiary

The total cost of investment is RM 400,000.00.

6. Financial and operational impact of the winding-up petition on the Group

(i) there is no material operational impact arising from the winding-up petition; and

(ii) the financial impact resulting from the winding-up petition will be the expected losses arising from the litigation as mentioned in Section 2 above.

7. Expected losses, if any, arising from the winding-up petition

Save for the amount claimed under Section 2 above, the Company is not expected to incur any further losses from the winding-up petition.

8. Steps taken or proposed to be taken in respect of the winding-up petition

WOC is seeking for necessary legal advice to resolve and/or defend against this matter.

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

This announcement is dated 8 July 2014.



SMRT - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameSMRT HOLDINGS BERHAD (ACE Market) 
Stock Name SMRT  
Date Announced9 Jul 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-140707-2F948

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalEmployee Share Option Scheme of up to 20% of the issued and paid-up share capital of SMRT at any point in time for the Eligible Employees of the SMRT Group in accordance with the provisions of the By-Laws
No. of shares issued under this corporate proposal50,000
Issue price per share ($$)MYR 0.221
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units204,091,454
CurrencyMYR 20,409,145.400
Listing Date10/07/2014


IJACOBS - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameIDEAL JACOBS (MALAYSIA) CORPORATION BHD (ACE Market) 
Stock Name IJACOBS  
Date Announced9 Jul 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-140708-D5F05

Admission SponsorMIDF Amanah Investment Bank Bhd
SponsorM&A Securities Sdn Bhd

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalEMPLOYEES' SHARE OPTION SCHEME
No. of shares issued under this corporate proposal7,496,000
Issue price per share ($$)MYR 0.210
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units127,697,000
CurrencyMYR 12,769,700.000
Listing Date10/07/2014


ABFMY1 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameABF MALAYSIA BOND INDEX FUND  
Stock Name ABFMY1  
Date Announced9 Jul 2014  
CategoryGeneral Announcement
Reference NoAM-140709-61D89

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionABF Malaysia Bond Index Fund - Valuation Point as at 08-07-2014

Fund: ABF Malaysia Bond Index Fund

NAV per unit (RM): 1.0628
Units in circulation (units): 647,421,800
Manager's Fee (% p.a.): 0.10
Trustee's Fee (% p.a.): 0.07
License Fee (% p.a.): 0.018
iBoxx ABF Malaysia Index: 1.4671
Issue Price (RM): 1.06
(rounded to nearest Sen)



MAYBANK - 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 NameMALAYAN BANKING BERHAD  
Stock Name MAYBANK  
Date Announced9 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMB-140709-37294

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 incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY
Name & address of registered holder1) EMPLOYEES PROVIDENT FUND BOARD
TINGKAT 19 BANGUNAN KWSP
JALAN RAJA LAUT
50350 KUALA LUMPUR

2) CITIBANK NOMINEES (TEMPATAN) SDN BHD
LEVEL 42 MENARA CITIBANK
165 JALAN AMPANG
50350 KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed04/07/2014
1,025,400
 

Circumstances by reason of which change has occurredSALE OF SHARES
Nature of interestDIRECT
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,189,940,126
Date of notice07/07/2014

Remarks :
1) The notice was received by Maybank Berhad on 9 July 2014.


TROP - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameTROPICANA CORPORATION BERHAD  
Stock Name TROP  
Date Announced9 Jul 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoTC-140708-76996

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalEmployee Share Option Scheme
No. of shares issued under this corporate proposal145,200
Issue price per share ($$)MYR 1.000
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units1,392,386,022
CurrencyMYR 1,392,386,022.000
Listing Date10/07/2014

2. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalESOS
Details of corporate proposalEmployee Share Option
No. of shares issued under this corporate proposal20,000
Issue price per share ($$)MYR 1.320
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units1,392,406,022
CurrencyMYR 1,392,406,022.000
Listing Date10/07/2014


No comments:

Post a Comment