MTOUCHE - Change in Principal Officer
| Company Name | MTOUCHE TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | MTOUCHE |
| Date Announced | 9 Jul 2014 |
| Category | Change in Principal Officer |
| Reference No | CA-140708-59384 |
| Date of change | 09/07/2014 |
| Name | Low Keng Fei |
| Age | 45 |
| Nationality | Malaysian |
| Designation | Chief Executive Officer |
| Type of change | Resignation |
| Reason | To pursue other career and personal development |
| 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 | Mr Low Keng Fei holds a Master of Business Administration degree and a Bachelor degree from the University of Mississippi. He is also currently a PhD student with a Malaysian local university. |
| Working experience and occupation | Mr Low Keng Fei has been in mTouche since 2004 and held a number of management positions such as Senior Manager in operation, Malaysia Country Manager, Regional Country Manager APAC operations and subsequently promoted to Group General Manager. Prior to his joining of mTouche, he had worked in various industries such as consumer banking, property research and valuation and corporate affairs and strategy in a telecommunication company. |
| Directorship of public companies (if any) | |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer or its subsidiaries | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | The details of Mr Low Keng Fei’s shareholding in the securities of the Company and its subsidiaries is as follows:- mTouche Technology Berhad 1,000(Direct interest)PT mTouche 250(Direct interest) mTouche (Thailand) Co Ltd 1(Direct interest) M.B.O.X. Joint Stock Company 24(Direct interest) |
| Remarks : |
| Mr Low Keng Fei (Male), the current Group Chief Executive Officer ("CEO") of the Company has tendered his resignation. Mr Low Keng Fei will remain as the outgoing Group CEO of the Company until the completion of his succession planning process. |
MTOUCHE - Change in Principal Officer
| Company Name | MTOUCHE TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | MTOUCHE |
| Date Announced | 9 Jul 2014 |
| Category | Change in Principal Officer |
| Reference No | CA-140708-59908 |
| Date of change | 09/07/2014 |
| Name | Mohamed Zakhir Bin Mohamed |
| Age | 47 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Chief Executive Officer |
| Qualifications | Mohamed Zakhir bin Mohamed studied accountancy at Northumbria University and graduated with a Masters of Arts, Business Administration (MBA) from the University of Hertfordshire, both in the United Kingdom. He is an Associate member of the Malaysian Institute of Management, treasurer of Blog House Malaysia and executive council member of the Federation of International UMNO Clubs Alumni. |
| Working experience and occupation | July 2011 to June 2014 Independent consultant for strategic media and business development for several Government Link Corporations such as FGV, TM Group, Edaran Bhd., Tanjung Rhu Development Sdn Bhd. and Molek Media Sdn. Bhd. June 2009 to June 2011 General Manager of Dinar Express Sdn. Bhd. and Chief Executive Officer ("CEO") of Dynac Solutions Sdn. Bhd., both business arms of Dynac Group; an oil & gas fabricator and systems provider. Between January 2008 and May 2009 Head of Business Development and Head of Corporate Communications at MEPSCASH Sdn. Bhd. which was involved in the development of the inter-bank giro system MEPS. Between March 1995 and December 2000, then between March 2005 and March 2007, he was Director and CEO of COSMOVEST Sdn. Bhd., later COSMOVEST Development Sdn. Bhd., a company involved in property and real estate development and construction. Between August 2003 and December 2007 Director and country partner for Rise Billion Sdn. Bhd. and Consultant for Rolls Royce Internatinal Ltd. for Naval Marine Sector (Malaysia and Brunei) based in Bristol, United Kingdom Between December 2002 and January 2004, he was the General Manager of properties and construction company, namely AW Facility Management Sdn. Bhd., later AWC Facility Solutions Bhd. Between September 2000 and December 2002, he was the Director, CEO and country partner of BIZ Intergrated Technology Sdn. Bhd., a joint venture company with BIT Computer Co Ltd of Seoul, South Korea, which is a KOSDAQ listed company and prime vendor of healthcare IT solutions in Korea embarking into Malaysia Government Hospitals IT Programme under the Economic Planning Unit (EPU). |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer or its subsidiaries | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Mohamed Zakhir Bin Mohamed (Male) |
MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
| Stock Name | MYETFDJ |
| Date Announced | 9 Jul 2014 |
| Category | General Announcement |
| Reference No | MD-140709-67828 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 09-07-2014 Fund: MYETFDJ NAV per unit (RM): 1.2038 Units in Circulation (units): 252,300,000 Manager's Fee (%p.a): 0.40 Trustee's Fee (%p.a): 0.05 License Fee (%p.a): 0.04 DJIM25 Index: 1,068.49 |
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MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | MYETF MSCI MALAYSIA ISLAMIC DIVIDEND |
| Stock Name | MYETFID |
| Date Announced | 9 Jul 2014 |
| Category | General Announcement |
| Reference No | MM-140709-68298 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 09-07-2014 Fund: MYETFID NAV per unit (RM): 1.0547 Units in Circulation (units): 21,600,000 Manager's Fee (%p.a): 0.40 Trustee's Fee (%p.a): 0.045 License Fee (%p.a): 0.06 MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,423.49 |
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AMBANK - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AMMB HOLDINGS BERHAD |
| Stock Name | AMBANK |
| Date Announced | 9 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AH-140709-FB0FC |
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 RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur 1. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board [Acquisition of 891,100 shares] 2. Employees Provident Fund Board 3. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KIB) 4. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (MAYBAN) 5. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) 6. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) 7. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) 8. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) 9. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (TEMPLETON) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 04/07/2014 | 891,100 |
| Remarks : |
| This notice was received on 9 July 2014. |
GBH - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | GOH BAN HUAT BERHAD |
| Stock Name | GBH |
| Date Announced | 9 Jul 2014 |
| Category | General Announcement |
| Reference No | MM-140709-60428 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | GOH BAN HUAT BERHAD (“GBH”) PROPOSED DISPOSAL BY GBH AND ITS WHOLLY-OWNED SUBSIDIARY, GBH LAND SDN BHD (FORMERLY KNOWN AS KENANGAN DIMENSI SDN BHD), OF LANDS TOGETHER WITH BUILDINGS ERECTED THEREON TO KELADI MAJU BERHAD FOR A TOTAL CASH CONSIDERATION OF RM192,369,465 (“PROPOSED DISPOSAL”) |
We refer to the announcement dated 2 July 2014 in respect of the Proposed Disposal. On behalf of GBH, CIMB Investment Bank Berhad wishes to announce that the valuation reports and valuation certificates (“Valuation Reports”) in relation to the Proposed Disposal and tenancy have been submitted to Bursa Malaysia Securities Berhad (“Bursa Securities”) today pursuant to Paragraph 10.04(3)(a) of the Main Market Listing Requirements of Bursa Securities. The Valuation Reports will be made available for inspection during normal business hours at the registered office of GBH at 8-3, Jalan Segambut, 51200 Kuala Lumpur from Mondays to Fridays (except public holidays) for a period of three months from the date of this announcement. This announcement is dated 9 July 2014.
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MAYBULK - OTHERS Incorporation of Subsidiary
| Company Name | MALAYSIAN BULK CARRIERS BERHAD |
| Stock Name | MAYBULK |
| Date Announced | 9 Jul 2014 |
| Category | General Announcement |
| Reference No | MB-140709-65091 |
| Type | Announcement | ||||||
| Subject | OTHERS | ||||||
| Description | Incorporation of Subsidiary | ||||||
Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad, Malaysian Bulk Carriers Berhad (“MBC" or the "Company") wishes to announce that its wholly-owned subsidiary, New Johnson Holdings Limited, has incorporated a wholly-owned subsidiary in Information on Subsidiary
The incorporation of the above subsidiary will not have any material effect on the earnings and net assets of MBC Group for the financial year ending 31 December 2014. None of the Directors, major shareholders and/or persons connected with them has any interest, direct or indirect, in the said incorporation. This announcement is dated 9 July 2014.
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UMWOG - OTHERS CONTRACT FOR THE PROVISION OF DRILLING RIG SERVICES FOR BLOCK M-3 APPRAISAL DRILLING CAMPAIGN 2014 (MYANMAR ASSET
| Company Name | UMW OIL & GAS CORPORATION BERHAD |
| Stock Name | UMWOG |
| Date Announced | 9 Jul 2014 |
| Category | General Announcement |
| Reference No | UO-140630-61703 |
| Type | Announcement |
| Subject | OTHERS |
| Description | CONTRACT FOR THE PROVISION OF DRILLING RIG SERVICES FOR BLOCK M-3 APPRAISAL DRILLING CAMPAIGN 2014 (MYANMAR ASSET |
1. INTRODUCTION | |
KENANGA - PROVISION OF FINANCIAL ASSISTANCE
| Company Name | K & N KENANGA HOLDINGS BERHAD |
| Stock Name | KENANGA |
| Date Announced | 9 Jul 2014 |
| Category | General Announcement |
| Reference No | K&-140707-47639 |
| Type | Announcement |
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
| Description | Pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, K & N Kenanga Holdings Berhad is pleased to submit the Quarterly Disclosure for the second quarter ended 30 June 2014 of its wholly-owned subsidiary, Kenanga Capital Sdn Bhd. |
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HWANG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | HWANG CAPITAL (MALAYSIA) BERHAD |
| Stock Name | HWANG |
| Date Announced | 9 Jul 2014 |
| Category | General Announcement |
| Reference No | OD-140709-65753 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | HWANG-DBS (MALAYSIA) BERHAD ("HWANG-DBS" OR THE “COMPANY") PROPOSED DISPOSAL BY HWANG-DBS TO AFFIN HOLDINGS BERHAD OF ITS 100% EQUITY INTEREST IN HWANGDBS INVESTMENT BANK BERHAD (“HWANGDBS IB”) AND ITS SUBSIDIARIES AND ASSOCIATED COMPANY, FOLLOWING THE PROPOSED PRE-CLOSING REORGANISATION, FOR A TOTAL DISPOSAL CONSIDERATION OF RM1,300.36 MILLION (SUBJECT TO POST CLOSING ADJUSTMENT) TO BE SATISFIED ENTIRELY IN CASH (“PROPOSED HWANGDBS IB DISPOSAL”) (THE PROPOSED PRE-CLOSING REORGANISATION AND PROPOSED HWANGDBS IB DISPOSAL ARE COLLECTIVELY KNOWN AS THE “PROPOSED DISPOSAL”) |
We refer to the previous announcements made in relation to the Proposed Disposal. HwangDBS Investment Bank Berhad, on behalf of the Board of Directors of HCM, is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide their letter dated 9 July 2014, concurred that HCM will not be considered as a Cash Company pursuant to Practice Note 16 (“PN16 Concurrence”) and granted HCM the waiver from being classified as a Practice Note 17 company (“PN17 Waiver”). The PN17 Waiver was granted after due consideration of, amongst others, the following: (i) the sustainability, growth and level of profitability of HCM group of companies ("Group") money lending and credit financing activities; and (ii) the Company’s business plans. As set out in the Company’s latest announcement of its third quarter results, the Company and the Group is financially healthy and has repaid most of its borrowings and is in a net cash position. Shareholders’ funds as at 30 April 2014 was RM774.2 million. The Group’s current ratio and debt to equity ratio as at 30 April 2014 are 1.58 and 0.06 times respectively. Profit before tax (“PBT”) for the current quarter improved to RM6.28 million as compared to RM3.39 million in the previous corresponding quarter. For the 9 months ended 30 April 2014, PBT from continuing operations (excludes profits from discontinued operations) also increased to RM7.58 million from RM4.61 million in the previous corresponding period. Moving forward, the profitability is expected to be better due to interest savings from repayment of the Group’s borrowings from proceeds received from the sale of its banking and financial services businesses. Similarly, there will be interest income as cash surplus are invested in interest bearing instruments. The interest savings and interest income per month are estimated to be RM1.7 million and RM0.8 million respectively, which will contribute towards improving the profitability of the Group. The Group will continue to grow and expand its remaining business in money lending and credit financing activities. Currently, the Company’s loan book comprises of 70% consumer financing and 30% term loan. The Company believes there are opportunities to grow the term loan business by tailoring their financing packages to suit the borrowers’ needs. More resources and effort will be deployed to grow this business including intensifying the Company’s marketing efforts. This announcement is dated 9 July 2014.
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