July 17, 2014

Company announcements: SUNZEN, MYETFDJ, MYETFID, AMPROP, IGB, SIGN, VINTAGE, HAIO, BHIC

SUNZEN - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameSUNZEN BIOTECH BERHAD (ACE Market) 
Stock Name SUNZEN  
Date Announced17 Jul 2014  
CategoryChange in Boardroom
Reference NoCA-140717-60515

Date of change17/07/2014
NameTeo Kim Lai
Age51
NationalityMalaysian
DesignationExecutive Director
DirectorateExecutive
Type of changeResignation
ReasonPersonal reason
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsProfessional Degree of Doctor of Veterinary Medicine from Universiti Putra Malaysia 
Working experience and occupation Prior to joining Sunzen Corporation Sdn. Bhd. (“Sunzen Corporation”), Dr. Teo Kim Lai held the position of field veterinarian in Federal Flour Mill Berhad from 1989 to 1990, Operational Manager in Oriental Feedmill, which under the wings of Robert Kuok’s Group in Lioaning, China from 1991 to 1992, Poultry Team Leader in Pfizer from 1993 to 1994, General Manager in Mallinckrodt Inc of China and Hong Kong in 1995, and General Team Leader and National Sales Manager in Pfizer from 1996 to 1998. In 1998, Dr. Teo together with the existing management of Pfizer in Malaysia, established Sunzen Corporation to undertake a management buy-out of Pfizer’s local distribution and marketing operations. Dr. Teo was then appointed as a Director of Sunzen Corporation since its inception.

Dr. Teo was the Vice President of the Malaysia Association of Food Animal from 2000 to 2001 and the Vice President of the Veterinary Alumni of UPM from 2003 to 2004. Dr.Teo was also a volunteer veterinary officer of the National Virus Eradication Campaign of the Department of Veterinary Services of the Ministry of Agriculture in 1999 and later became an adviser on the Technical Advisory Committee of Federation of Farmers Association Malaysia in 2000. Dr. Teo is currently an Honorary Secretary of World Poultry Science Association Malaysia Branch since 2008. He was the Honorary Secretary of Malaysia Iran Business Council from 2009 to 2010. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesDr. Teo holds 1,179,060 ordinary shares and 192,686 warrants in the Company 


MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced17 Jul 2014  
CategoryGeneral Announcement
Reference NoMD-140717-66341

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 17-07-2014
Fund: MYETFDJ
NAV per unit (RM): 1.1986
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: 1,061.28

 



MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced17 Jul 2014  
CategoryGeneral Announcement
Reference NoMM-140717-66476

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 17-07-2014
Fund: MYETFID
NAV per unit (RM): 1.0522
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: 2,417.51

 



AMPROP - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameAMCORP PROPERTIES BERHAD  
Stock Name AMPROP  
Date Announced17 Jul 2014  
CategoryGeneral Announcement
Reference NoMB-140717-58824

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionAMCORP PROPERTIES BERHAD (“AMPROP” OR THE “COMPANY”)

(I) PROPOSED BONUS ISSUE OF UP TO 297,867,868 NEW FIVE (5)-YEAR REDEEMABLE CONVERTIBLE PREFERENCE SHARES (“RCPS”) TO BE ISSUED AT THE PAR VALUE OF RM0.50 EACH IN AMPROP ON THE BASIS OF ONE (1) RCPS FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.50 EACH IN AMPROP (“SHARES”) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER;

(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF AMPROP FROM RM500 MILLION COMPRISING ONE (1) BILLION SHARES TO RM600 MILLION COMPRISING 900 MILLION SHARES AND 300 MILLION RCPS OF RM0.50 EACH; AND

(III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF AMPROP TO FACILITATE THE ISSUANCE OF THE RCPS AND THE PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

(Unless otherwise stated, all definitions used in this announcement shall carry the same meanings as defined in the announcement dated 22 May 2014 in relation to the Proposals).

We refer to the announcements dated 22 May 2014, 8 July 2014 and 10 July 2014 in relation to the Proposals.

On behalf of the Board, AmInvestment Bank wishes to announce that Bank Negara Malaysia had on 17 July 2014 informed that the issuance of RCPS to non-resident Entitled Shareholders does not require its approval.

This announcement is dated 17 July 2014.


IGB - IGB-SUSPENSION OF TRADING

Announcement Type: Listing Circular
Company NameIGB CORPORATION BERHAD  
Stock Name IGB  
Date Announced17 Jul 2014  
CategoryListing Circular
Reference NoTE-140717-59584

LISTING'S CIRCULAR NO. L/Q : 71095 OF 2014


    Kindly be advised that at the request of the above Company, trading in its shares will be suspended with effect from 9.00 a.m., Friday, 18 July 2014 pending an announcement.


IGB - SUSPENSION OF SECURITIES

Announcement Type: General Announcement
Company NameIGB CORPORATION BERHAD  
Stock Name IGB  
Date Announced17 Jul 2014  
CategoryGeneral Announcement
Reference NoIC-140717-62635

TypeAnnouncement
SubjectSUSPENSION OF SECURITIES
DescriptionIGB CORPORATION BERHAD ("IGB")

SUSPENSION OF TRADING

We wish to announce that IGB had on 17 July 2014 been informed by Goldis Berhad, that it will be proposing a corporate exercise which would result in IGB making a Very Material Announcement, as defined under the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”). Therefore, IGB has requested for the suspension of the trading of its securities (“Suspension”) until the full details of the proposal are available.

Bursa Malaysia Securities Berhad has allowed the Suspension from 9.00 a.m. until 5.00 p.m. on 18 July 2014. The request for suspension is made under Paragraph 3.1(b) of Practice Note 2 on Requests for Suspension of the Listing Requirements.

This announcement is dated 17 July 2014.



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

Announcement Type: General Announcement
Company NameSIGNATURE INTERNATIONAL BERHAD  
Stock Name SIGN  
Date Announced17 Jul 2014  
CategoryGeneral Announcement
Reference NoMI-140717-67435

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionSIGNATURE INTERNATIONAL BERHAD ("SIGN" OR THE "COMPANY")

PROPOSED DISPOSAL BY SIGNATURE CABINET SDN BHD ("SCSB" OR "VENDOR"), A WHOLLY-OWNED SUBSIDIARY OF SIGN, OF TWO PARCELS OF CONTIGUOUS LAND HELD RESPECTIVELY UNDER H.S.(D) 241037, PT 9926 AND H.S.(D) 241038, PT 9927 OF PEKAN BARU SUNGAI BULOH, DISTRICT OF PETALING, STATE OF SELANGOR MEASURING APPROXIMATELY 29,728 SQUARE METRES (OR EQUIVALENT TO 319,989 SQUARE FEET) (THE "PROPERTIES") TO PURPLE HEIGHTS SDN BHD ("PHSB" OR "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF MEDA INC. BERHAD ("MEDA"), FOR A TOTAL CONSIDERATION OF RM75,200,000 TO BE SETTLED PARTLY IN CASH AND PART PAYMENT IN KIND ("PROPOSED DISPOSAL")

The terms used herein, unless the context otherwise states, shall bear the same meaning as those defined in the announcement dated 15 July 2013 in relation to the Proposed Disposal.

On behalf of the Board, RHB Investment Bank Berhad wishes to announce that a condition precedent set out in the SPA dated 15 July 2013, being the consent and/or approval of the Appropriate Authorities for the re-development of the Properties in accordance with the Layout Plan, has not been fulfilled and had lapsed on 14 July 2014 (being 9 months from the date of the SPA and including an automatic extension of a further period of three (3) months as provided in the SPA) ("Condition Period").

SCSB had, through their solicitors, issued a letter dated 17 July 2014 to the Purchaser notifying the Purchaser of their decision not to extend the Condition Period. Pursuant thereto, the Vendor has also notified of the termination in accordance with Section 6.05(a) of the SPA and that SCSB shall, in accordance with Section 6.04(b), refund the Earnest Deposit to the Purchaser ("Termination Notice").

The SPA shall be null and void and be of no further effect whatsoever and neither parties shall have any rights or claim against the other upon the Purchaser withdrawing any private caveats that they have lodged over the Properties and furnishing to SCSB's solicitor evidence of such withdrawal within 14 days from the date of the Termination Notice.

As a result of the above, SIGN will no longer be pursuing the Proposed Disposal. Further, there will not be any impact to the operation of SIGN Group arising from the lapse of the Proposed Disposal.

This announcement is dated 17 July 2014.



VINTAGE - PRACTICE NOTE 17 / GUIDANCE NOTE 3:OTHERS

Announcement Type: General Announcement
Company NameVTI VINTAGE BERHAD  
Stock Name VINTAGE  
Date Announced17 Jul 2014  
CategoryGeneral Announcement
Reference NoML-140717-67255

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
DescriptionVTI VINTAGE BERHAD (“VVB” OR “COMPANY”)
- REGULARISATION PLAN

(The terms herein shall, unless the context otherwise requires, bear the same meaning as those defined in the announcements dated 9 September 2010, 18 April 2011, 23 December 2011, 18 July 2012, 23 July 2012, 24 July 2012, 14 February 2013 and 17 February 2014 unless otherwise stated.)

Reference is made to VVB’s last announcement dated 2 July 2014 in relation to the Share Consolidation.

On behalf of the Board of Directors of VVB, Hong Leong Investment Bank Berhad wishes to announce that based on the entitlement date of 17 July 2014, the existing issued and paid-up share capital of the Company consisting of 97,486,002 ordinary shares of RM0.10 each in VVB will be consolidated into 19,497,200 ordinary shares of RM0.50 each in VVB.

The above will take effect from 9.00 a.m. on Friday, 18 July 2014, being the next market day immediately after the entitlement date for the Share Consolidation on Thursday, 17 July 2014.

Notwithstanding the above, we wish to reiterate that the trading of the securities of VVB has been suspended since 10 April 2012 via a notice by Bursa Securities to VVB pursuant to Paragraph 8.05(5) of the then Main Market Listing Requirements of Bursa Securities and will remain suspended until the completion of the Restructuring Scheme.

This announcement is dated 17 July 2014.



HAIO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameHAI-O ENTERPRISE BERHAD  
Stock Name HAIO  
Date Announced17 Jul 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCP-140717-64133

Date of buy back17/07/2014
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)5,500
Minimum price paid for each share purchased ($$)2.580
Maximum price paid for each share purchased ($$)2.580
Total consideration paid ($$)14,269.00
Number of shares purchased retained in treasury (units)5,500
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)6,543,988
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 (%)3.24


BHIC - OTHERS BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC OR "THE COMPANY") - CONTRACT FOR THE SUPPLY OF SIX (6) SECOND GENERATION PATROL VESSELS WITH LITTORAL COMBAT SHIP CAPABILITY FOR THE ROYAL MALAYSIAN NAVY

Announcement Type: General Announcement
Company NameBOUSTEAD HEAVY INDUSTRIES CORPORATION BHD  
Stock Name BHIC  
Date Announced17 Jul 2014  
CategoryGeneral Announcement
Reference NoBH-140717-63194

TypeAnnouncement
SubjectOTHERS
DescriptionBOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC OR "THE COMPANY")
- CONTRACT FOR THE SUPPLY OF SIX (6) SECOND GENERATION PATROL VESSELS WITH LITTORAL COMBAT SHIP CAPABILITY FOR THE ROYAL MALAYSIAN NAVY

We refer to the announcements made on 16 December 2011 and 1 October 2013 with regard to the receipt of a letter of acceptance ("the Letter") from the Ministry of Defence Malaysia ("MoD") (acting on behalf of the Government of Malaysia) by Boustead Naval Shipyard Sdn Bhd ("BNS"), an associate company of BHIC, for the contract to design, construct, equip, install, commission, integrate, test and trials, and deliver six (6) units of Second Generation Patrol Vessels with Littoral Combat Ship (LCS) capability for the Royal Malaysian Navy ("the Contract") at a contract value of RM9 billion.

The Company now wishes to announce that BNS and MoD have finalised the negotiations and signed a formal Contract on 17 July 2014.

There were no differences between the substance of the formal Contract and the Letter.

This announcement dated 17 July 2014.



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