INGENCO - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | INGENUITY CONSOLIDATED BERHAD (ACE Market) |
| Stock Name | INGENCO |
| Date Announced | 25 Jul 2014 |
| Category | General Announcement |
| Reference No | OS-140725-39616 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | INGENUITY CONSOLIDATED BERHAD (“INGENUITY” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN INGENUITY, REPRESENTING NOT MORE THAN TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF INGENUITY (EXCLUDING TREASURY SHARES, IF ANY) (“PROPOSED PRIVATE PLACEMENT”) |
We refer to the announcements made on 23
July 2014 (“Announcement”) and 24
July 2014 in relation to the Proposed Private Placement. Unless otherwise
defined, the definitions set out in the Announcement shall apply herein. On behalf of Ingenuity, TA Securities
wishes to provide the following additional information in relation to Section
2.6 of the Announcement: (i) As set out in Note (i), the Group
is in the midst of developing an e-commerce platform which will enable
resellers and
retailers to order ICT products from the Group online for their own businesses
or customers whilst consumers will be able to search for the Group’s ICT
products through the e-catalogue available at the said platform and locate the
nearest resellers or retailers to purchase the products.
The abovementioned platform functions
as a channel to, amongst others, facilitate online business transactions between
the Group and resellers as well as retailers whereby they are able to order ICT
products from the Group online by signing up for an account at the said
platform. As such, the Group is not required to enter into any agreement with
the resellers and retailers pursuant to the online business transactions via
the e-commerce platform. (ii) As set out in Note (i)(b), the
Group intends to utilise approximately RM1.00 million of the proceeds from the
Proposed Private Placement for the setting up of a warehouse in Klang Valley
and a branch office cum warehouse in Penang for the delivery services for the
Group’s ICT products, of which the Group is in the midst of identifying
suitable locations at this juncture. The Group may acquire and/or rent properties at suitable locations for
the above purposes, subject to the availability of such properties. In the
event the Group acquires such properties, the remaining consideration for the
said acquisition (if any) will be funded by bank borrowings and/or
internally-generated funds of the Group. | |
KANGER - GENERAL MEETINGS: NOTICE OF MEETING
| Company Name | KANGER INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | KANGER |
| Date Announced | 25 Jul 2014 |
| Category | General Meetings |
| Reference No | MI-140725-39328 |
| Type of Meeting | EGM |
| Indicator | Notice of Meeting |
| Description | KANGER INTERNATIONAL BERHAD (“KANGER” OR THE “COMPANY”) (I) PROPOSED BONUS ISSUE OF 86,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN KANGER (“KANGER SHARES”) (“BONUS SHARES”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FIVE (5) EXISTING KANGER SHARES HELD; (II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL FROM RM50,000,000 COMPRISING 500,000,000 KANGER SHARES TO RM100,000,000 COMPRISING 1,000,000,000 KANGER SHARES; AND (III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF KANGER, (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) The Extraordinary General Meeting (“EGM”) is for the purpose of considering and if thought fit, to pass the resolutions as set out in the Notice of EGM to give effect to the Proposals. The full text of the Notice of EGM is attached herewith for your attention. This announcement is dated 25 July 2014 |
| Date of Meeting | 18/08/2014 |
| Time | 11:00 AM |
| Venue | Banquet Hall, The Royal Selangor Golf Club, Jalan Kelab Golf, Off Jalan Tun Razak, 55000 Kuala Lumpur |
| Date of General Meeting Record of Depositors | 11/08/2014 |
BSTEAD - MEMORANDUM OF UNDERSTANDING
| Company Name | BOUSTEAD HOLDINGS BERHAD |
| Stock Name | BSTEAD |
| Date Announced | 25 Jul 2014 |
| Category | General Announcement |
| Reference No | BH-140725-30343 |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | UPDATE ON MEMORANDA OF UNDERSTANDING |
Memorandum of Understanding between Boustead Atlas Hall Sdn Bhd and Olio Resources Sdn Bhd
Reference is made to the announcement dated 25 April 2014 in relation to the Memorandum of Understanding (“MOU”) entered into by Boustead Atlas Hall Sdn Bhd, a subsidiary company of Boustead Holdings Berhad and Olio Resources Sdn Bhd to record their mutual cooperation as a platform for the parties in their pursuit of tapping into the vast opportunities in the Malaysian oil and gas sector.
We wish to inform that both parties have conducted Joint Coordination Meetings and is still at the preliminary stage of evaluating business opportunities and cooperation.
Memorandum of Understanding between Boustead Atlas Hall Sdn Bhd and KPRJ Petroleum Sdn Bhd
Reference is made to the announcement dated 16 May 2014 in relation to the MOU entered into by Boustead Atlas Hall Sdn Bhd and KPRJ Petroleum Sdn Bhd setting out the parties’ intention and understanding with a view of establishing a business collaboration to pursue vast opportunities in the Malaysian oil and gas industry development in Johor, in particular.
We wish to inform that both parties have conducted Joint Coordination Meetings and is in the process of evaluating business opportunities and cooperation.
This announcement is dated 25 July 2014.
| |
KTB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | KONSORTIUM TRANSNASIONAL BERHAD |
| Stock Name | KTB |
| Date Announced | 25 Jul 2014 |
| Category | General Announcement |
| Reference No | KT-140725-31610 |
| Type | Announcement | ||||||||||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS | ||||||||||||||||
| Description | Konsortium Transnasional Berhad ("KTB" or "Company") - Disposal of Property by Kenderaan Klang Banting Berhad (Company No.: 6415-H) | ||||||||||||||||
INTRODUCTION The Board of Directors of Konsortium Transnasional Berhad ("KTB" or "Company") wish to announce that its wholly-owned subsidiary, Kenderaan Klang Banting Berhad ("KKBB") had on 25 July 2014 entered into a Sale and Purchase Agreement ("SPA") with MHSB Development Sdn Bhd ("Purchaser") for the disposal of property (more particularly described below) for a total cash consideration of Ringgit Malaysia Seven Hundred Thousand (RM700,000.00) only ("Disposal") which is a related party transaction. DETAILS ON THE DISPOSAL & SALIENT TERMS OF THE SPA Under the terms and conditions of the SPA, KKBB will dispose of the property which is a three-storey shop-office building with a postal address of No. 238, Jalan Sungai Bertek, 41100 Klang, Selangor Darul Ehsan measuring approximately 158 square metres ("Property") held under GM 14590, Lot No. 834, Telok Pulai, Mukim Klang, Daerah Klang, Negeri Selangor to the Purchaser for a total cash consideration of RM700,000.00. The total cash consideration of RM700,000.00 under the SPA shall be paid in the following manner:- (a) a 10% deposit of RM70,000.00 upon execution of the SPA; and (b) the balance sum amounting to RM630,000.00 within three (3) months from the date of the SPA ("Completion Date"), failing which KKBB shall automatically grant to the Purchaser an extension of one (1) month to pay the balance sum. In consideration of such extension, the Purchaser shall pay to KKBB interest at the rate of 8.0% per annum on the balance sum calculated daily from the expiry of the last day of the Completion Date. The total cash consideration for the Disposal was arrived on a willing buyer willing seller basis after taking into consideration the valuation by an independant valuer. The market value of the Property is RM700,000.00 as appraised by Messrs. D. Henry Valuers Realtors, a registered independent valuer on 2 April 2014. The comparison method was applied for the said valuation. The details of the original cost of investment and the audited net book value ("NBV") of the Property are as follows:-
Based on the original cost of investment and NBV of the Property as at 31 December 2013, there would be an estimated gain of RM317,000 arising from the Disposal. The estimated timeframe for the utilisation of the proceed arising from the Disposal is two (2) months. The Disposal is expected to be completed within three (3) months from the date of the SPA. BRIEF DESCRIPTION OF THE PROPERTY The Property is owned by KKBB which is a freehold end lot, three storey shop-office building (commercial building), with a total gross area of 158 square metres, situated within Telok Pulai which is located on the eastern side of Jalan Sungai Bertek and about 2 kilometres west of Klang town centre. The postal address of the Property is No. 238, Jalan Sungai Bertek, Telok Pulai, 41100 Klang, Selangor Darul Ehsan. The Property was acquired by KKBB on 1 May 2002 and the approximate age of the Property is 9 years. The Property is free from encumbrances and the Property is currently not tenanted and unoccupied. There are no liabilities to be assumed by the Purchaser arising from the Disposal as the Purchaser is purchasing the Property free from all encumbrances with a vacant possession and subject to the existing conditions of the title of the Property. BRIEF INFORMATION ON KKBB KKBB was incorporated on 28 December 1965 with an authorised share capital of RM10,000,000.00 comprising 10,000,000 ordinary hares of RM1.00 each of which 7,600,250 ordinary shares of RM1.00 each have been issued and fully paid-up. Currently KKBB is a wholly-owned subsidiary of KTB and the principal activity of KKBB is providing the service of public bus transportation. BRIEF INFORMATION ON THE PURCHASER MHSB Development Sdn Bhd was incorporated on 13 November 1992 with an authorised share capital of RM5,000,000.00 comprising 5,000,000 ordinary shares of RM1.00 each of which 4,000,002 ordinary shares of RM1.00 each have been issued and fully paid-up. Currently MHSB Development Sdn Bhd is a wholly-owned subsidiary of Nadicorp Holdings Sdn Bhd and its principal activity is property development. RATIONALE FOR THE DISPOSAL The Disposal will enable KKBB to utilize the proceed for working capital purposes. FINANCIAL EFFECTS ON THE DISPOSAL a. Share Capital and Substantial Shareholders' Shareholdings The Disposal will not have any material effect on the issued and paid-up capital and substantial shareholders' shareholdings in the Company. b. Net Assets per Share and Gearing The Disposal will not have any material effect on the net assets per share and gearing of the Company for the financial year ending 31 December 2014. c. Earning per Share The proforma effect of the Disposal on the earning per share of the Company based on the audited financial statements as at 31 December 2013 are as follows:-
CONDITION OF THE DISPOSAL The Disposal is not subject to the approval from the shareholders and the consent of Pihak Berkuasa Negeri is not required to be obtained for the transfer of the Property as it is not subject to any restriction-in-interest. HIGHEST PERCENTAGE RATIO The highest percentage ratio pursuant to paragraph 10.02(g) of the Listing Requirements is 0.3%. DIRECTORS' AND SUBSTANTIAL SHAREHOLDERS' INTERESTS YBhg Tan Sri Mohd Nadzmi Mohd Salleh is the Executive Chairman of Nadicorp Holdings Sdn Bhd ("NHSB") and also the Chairman and Managing Director of KTB and Director of Kumpulan Kenderaan Malaysia Berhad ("KKMB"). KKMB is a wholly-owned subsidiary of NHSB and is the major shareholder of KTB with an 48.47% equity stakes as at 31 December 2013. NHSB is also a substantial shareholder of KTB with a 9.14% equity stakes as at 31 December 2013. NHSB is wholly-owned subsidiary of Nadi Corporation Sdn Bhd ("NCSB") and YBhg Tan Sri Mohd Nadzmi Mohd Salleh holds 100% equity in NHSB via his shareholding in NCSB. YM Tengku Mohd Hasmadi Tengku Hashim is the Executive Director of KTB. He is a person connected to YBhg Tan Sri Mohd Nadzmi Mohd Salleh by virtue of him being a person who is accustomed to act in accordance with the directions and instructions of YBhg Tan Sri Mohd Nadzmi Mohd Salleh. YBhg Tan Sri Mohd Nadzmi Mohd Salleh and YM Tengku Mohd Hasmadi Tengku Hashim are deemed interested in the Disposal and have abstained and will continue to abstain from all deliberations and voting in relation to the Disposal. STATEMENT BY THE AUDIT COMMITTEE The Audit Commitee of the Company, having considered all aspect of the Disposal, is of the opinion that the Disposal is under normal commercial terms and conditions not more favourable than those generally available to other eligible public. Based on the aforesaid basis, the Audit Committee of the Company is of the view that the Disposal is in the best interest of the Company, is fair, reasonable and on normal commercial terms and is not detrimental to the interest of the minority shareholders of the Company. STATEMENT BY THE BOARD OF DIRECTORS The Directors of the Company are of the opinion that the Disposal is fair and reasonable and is in the best interest of the Company and that the consideration for the Disposal was arrived on a willing buyer willing seller basis after taking into account the market value of the Property. DOCUMENTS AVAILABLE FOR INSPECTION A copy of the SPA dated 25 July 2014 and the valuation report prepared by Messrs. D. Henry Valuers Realtors are available for inspection at the registered office of the Company at No. 38, Jalan Chow Kit, 50350 Kuala Lumpur during normal office hours from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 25 July 2014. | |||||||||||||||||
ATRIUM - Income Distribution (Amended Announcement)
| Company Name | ATRIUM REAL ESTATE INVESTMENT TRUST |
| Stock Name | ATRIUM |
| Date Announced | 25 Jul 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CK-140725-C81BC |
| Remarks : |
| This amended announcement was made due to a typo error on the entitlement in currency. The entitlement in currency should be MYR0.022 instead of MYR0.22. |
DAYANG - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)
| Company Name | DAYANG ENTERPRISE HOLDINGS BERHAD |
| Stock Name | DAYANG |
| Date Announced | 25 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | DE-140725-31587 |
Particulars of substantial Securities Holder
| Name | Kumpulan Wang Persaraan (Diperbadankan) |
| Address | Aras 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur. |
| NRIC/Passport No/Company No. | KWAPACT6622007 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | Kumpulan Wang Persaraan (Diperbadankan) Araa 4, 5 & 6, Menara Yayasan Tun Razak, 200, Jalan Bukit Bintang, 55100 Kuala Lumpur. |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 18/07/2014 | 65,500 | |
| Disposed | 18/07/2014 | 22,700 |
APFT - Annual Audited Accounts - 31 March 2014
| Company Name | APFT BERHAD |
| Stock Name | APFT |
| Date Announced | 25 Jul 2014 |
| Category | PDF Submission |
| Reference No | CC-140725-36234 |
| Subject | Annual Audited Accounts - 31 March 2014 |
IJMLAND - OTHERS IJM LAND BERHAD (“IJM LAND” OR THE “COMPANY”) DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 39 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010
| Company Name | IJM LAND BERHAD |
| Stock Name | IJMLAND |
| Date Announced | 25 Jul 2014 |
| Category | General Announcement |
| Reference No | MB-140725-45223 |
| Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subject | OTHERS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Description | IJM LAND BERHAD (“IJM LAND” OR THE “COMPANY”) DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 39 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
We refer to the announcements dated 9 June 2014 and 12 June 2014 in respect of the proposed privatization of IJM Land to be undertaken by way of a members’ scheme of arrangement pursuant to Section 176 of the Companies Act, 1965. On behalf of IJM Land, AmInvestment Bank Berhad wishes to announce the following dealings in the ordinary shares of RM1.00 each in IJM Corporation Berhad (“IJM”) (“IJM Shares”) and in the ordinary shares of RM1.00 each in IJM Land (“IJM Land Shares”):
* RM per IJM/IJM Land Share, excluding brokerage and other incidental costs. ** Being shares transferred by Dato’ Teh Kean Ming to his wife, i.e. Tang Chai Hoon This announcement is dated 25 July 2014.
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TENAGA - Changes in Sub. S-hldr's Int. (29B) - AMANAHRAYA TRUSTEES BERHAD - SKIM AMANAH SAHAM BUMIPUTERA
| Company Name | TENAGA NASIONAL BHD |
| Stock Name | TENAGA |
| Date Announced | 25 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | TN-140725-34703 |
Particulars of substantial Securities Holder
| Name | AMANAHRAYA TRUSTEES BERHAD - SKIM AMANAH SAHAM BUMIPUTERA |
| Address | TINGKAT 4, BALAI PNB, 201-A, JALAN TUN RAZAK, 50400 KUALA LUMPUR |
| NRIC/Passport No/Company No. | 766894-T |
| Nationality/Country of incorporation | MALAYSIAN |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM1.00 EACH |
| Name & address of registered holder | AMANAHRAYA TRUSTEES BERHAD - SKIM AMANAH SAHAM BUMIPUTERA, TINGKAT 4, BALAI PNB, 201-A, JALAN TUN RAZAK, 50400 KUALA LUMPUR |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 21/07/2014 | 2,386,400 |
| Remarks : |
| The Notice Of Change In The Interests Of Substantial Shareholder was received from Permodalan Nasional Berhad for and on behalf of AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera on 25 July 2014. |
TENAGA - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | TENAGA NASIONAL BHD |
| Stock Name | TENAGA |
| Date Announced | 25 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | TN-140725-35237 |
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 | MALAYSIAN |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM1.00 EACH |
| Name & address of registered holder | 1) EMPLOYEES PROVIDENT FUND BOARD, TINGKAT 19, BANGUNAN KWSP, JALAN RAJA LAUT, 50350 KUALA LUMPUR. 2) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD.:- EMPLOYEES PROVIDENT FUND BOARD. 3) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (AMUNDI). 4) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (KIB). 5) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (HDBS). 6) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD ( RHB INV). 7) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (AM INV). 8) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (MAYBAN). 9) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (KAF FM). 10) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (NOMURA). 11) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (PHEIM). 12) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (CIMB PRI). 13) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (ARIM). 14) CITIGROUP NOMINEES (TEMPATAN) SDN. BHD. :- EMPLOYEES PROVIDENT FD BD (TEMPLETON). |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Remarks : |
| The Notice Of Change In The Interests Of Substantial Shareholder was received from Citigroup Nominees (Tempatan) Sdn. Bhd. for and on behalf of Employees Provident Fund Board on 25 July 2014. |
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