August 22, 2014

Company announcements: GTRONIC, TGUAN, SYF, QL, HAISAN, TOPGLOV, ASTINO, FURNWEB

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

Announcement Type: General Announcement
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced22 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140822-7AED9

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionNotification of dealings by a Principal Officer in the securities of Globetronics Technology Bhd ("GTB" or "the Company") outside closed period.
Pursuant to paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Ng Kok Choon, a Principal Officer of GTB had transacted dealings in the securities of GTB outside closed period. The details as set out below:

Name of Principal Officer : Ng Kok Choon

Direct Interest

Open market disposals
Date
Price
(RM per share)
No. of shares
disposed
% of shares
disposed
20.08.2014
4.89
10,000
negligible

This announcement is dated 22 August 2014.


TGUAN - Quarterly rpt on consolidated results for the financial period ended 30/6/2014

Announcement Type: Financial Results
Company NameTHONG GUAN INDUSTRIES BERHAD  
Stock Name TGUAN  
Date Announced22 Aug 2014  
CategoryFinancial Results
Reference NoCC-140821-BA09B

Financial Year End31/12/2014
Quarter2
Quarterly report for the financial period ended30/06/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2014
30/06/2013
30/06/2014
30/06/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
195,974
178,944
373,734
347,552
2Profit/(loss) before tax
9,000
6,579
18,938
14,002
3Profit/(loss) for the period
8,430
5,554
17,424
11,143
4Profit/(loss) attributable to ordinary equity holders of the parent
8,025
5,311
16,738
10,796
5Basic earnings/(loss) per share (Subunit)
7.63
5.05
15.91
10.26
6Proposed/Declared dividend per share (Subunit)
3.00
0.00
3.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
2.8900
2.7500
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


SYF - PUBLIC SHAREHOLDINGS SPREAD

Announcement Type: General Announcement
Company NameSYF RESOURCES BERHAD  
Stock Name SYF  
Date Announced22 Aug 2014  
CategoryGeneral Announcement
Reference NoCK-140822-55015

TypeAnnouncement
SubjectPUBLIC SHAREHOLDINGS SPREAD
DescriptionSYF RESOURCES BERHAD (“SYF” OR “THE COMPANY”)

Public Shareholding Spread Requirement Pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") ("Listing Requirements")

Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the earlier announcement in relation to the public shareholding spread of the Company.

We refer to our announcements made on 25 April 2014, 28 April 2014, 29 April 2014, 23 May 2014 and 18 June 2014 in relation to the public shareholding spread of the Company.

We wish to inform that based on the Record of Depositors as at 21 August 2014, the public shareholding spread was 27.771%. The Company has complied with the public shareholding spread percentage of at least 25% of its listed shares in the hands of public shareholders pursuant to paragraph 8.02(1) of the Listing Requirements.

This announcement is dated 22 August 2014.



QL - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameQL RESOURCES BERHAD  
Stock Name QL  
Date Announced22 Aug 2014  
CategoryGeneral Meetings
Reference NoQR-140811-55862

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting22/08/2014
Time10:00 AM
VenueGlenmarie Ballroom, Holiday Inn Kuala Lumpur Glenmarie, 1 Jalan Usahawan U1/8, 40250 Shah Alam, Selangor Darul Ehsan.
Outcome of Meeting

The Board of Directors of QL Resources Berhad is pleased to inform that the ordinary resolutions tabled at the 17th Annual General Meeting were approved by the shareholders.

This announcement is dated 22 August 2014.



QL - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameQL RESOURCES BERHAD  
Stock Name QL  
Date Announced22 Aug 2014  
CategoryChange in Boardroom
Reference NoQR-140811-54406

Date of change22/08/2014
NameDatuk Wira Jalilah Baba
Age61
NationalityMalaysian
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
Type of changeResignation
ReasonOther external commitments.
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
QualificationsBachelor of Arts (Econ) Hons from University of Malaya  
Working experience and occupation Datuk Wira Jalilah Baba, an Economics graduate, is an expert in handling investment related matters especially attracting FDI (“Foreign Direct Investment”); tax & customs related matters; Industry and the government’s high impact incentives packages. She is one of the reference centre for economics and investment related matters by the media such as being the host for Live Budget commentary session with TV3 and RTM & Bernama. She is known as an articulate speaker with excellent public relation communication skills and has been the lead speaker for Malaysia at various national and international conferences such as: “Invest Malaysia” in New York, Abu Dhabi, Beijing & Hong Kong; and “New Zealand Business Conference” in Auckland, New Zealand.

Datuk Wira Jalilah Baba retired from the Government service as the Director General and Chief Executive Officer of MIDA (“Malaysian Investment Development Authority”) in August 2011. She served MIDA for more than 30 years and was the chief negotiator in attracting and evaluating various High Impact Projects for Malaysia.

Currently she is the Chairman of several private companies such as Crewstone International Sdn. Bhd., PKT Logistics Group Sdn. Bhd., Xadacorp Sdn. Bhd. and Mazda Logistics Malaysia Sdn. Bhd. She is also a Board member of Malaysia Greentech Corporation and Education Malaysia Global Services.  
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 subsidiariesNil 


QL - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameQL RESOURCES BERHAD  
Stock Name QL  
Date Announced22 Aug 2014  
CategoryChange in Audit Committee
Reference NoQR-140811-55141

Date of change22/08/2014
NameDatuk Wira Jalilah Baba
Age61
NationalityMalaysian
Type of changeResignation
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsBachelor of Arts (Econ) Hons from University of Malaya  
Working experience and occupation Datuk Wira Jalilah Baba, an Economics graduate, is an expert in handling investment related matters especially attracting FDI (“Foreign Direct Investment”); tax & customs related matters; Industry and the government’s high impact incentives packages. She is one of the reference centre for economics and investment related matters by the media such as being the host for Live Budget commentary session with TV3 and RTM & Bernama. She is known as an articulate speaker with excellent public relation communication skills and has been the lead speaker for Malaysia at various national and international conferences such as: “Invest Malaysia” in New York, Abu Dhabi, Beijing & Hong Kong; and “New Zealand Business Conference” in Auckland, New Zealand.

Datuk Wira Jalilah Baba retired from the Government service as the Director General and Chief Executive Officer of MIDA (“Malaysian Investment Development Authority”) in August 2011. She served MIDA for more than 30 years and was the chief negotiator in attracting and evaluating various High Impact Projects for Malaysia.

Currently she is the Chairman of several private companies such as Crewstone International Sdn. Bhd., PKT Logistics Group Sdn. Bhd., Xadacorp Sdn. Bhd. and Mazda Logistics Malaysia Sdn. Bhd. She is also a Board member of Malaysia Greentech Corporation and Education Malaysia Global Services.  
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 subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)1) YM Tengku Dato' Zainal Rashid Bin Tengku Mahmood (Chairman/Independent & Non Executive Director)
2) Chieng Ing Huong (Member/Independent & Non Executive Director)
3) Tan Bun Poo (Member/Independent & Non Executive Director


HAISAN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameHAISAN RESOURCES BERHAD  
Stock Name HAISAN  
Date Announced22 Aug 2014  
CategoryGeneral Announcement
Reference NoHR-140821-42049

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionHAISAN RESOURCES BERHAD (“HAISAN” OR “THE COMPANY”)
- KUALA LUMPUR HIGH COURT SUIT NO. 22NCVC-78-01-2012 (“THE SUIT”)

Further to the Company’s announcement dated 16 July 2014 in respect of the Suit, the Board of Directors of Haisan wishes to announce that during the case management on 20 August 2014, all parties have been directed by the Court to file their Written Submission in Reply by 30 September 2014. The Court has also tentatively fixed 3 November 2014 and 19 November 2014 for Oral Submission.

The Company will announce further developments on the Suit as and when necessary.

This announcement is dated 22 August 2014.


TOPGLOV - 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 NameTOP GLOVE CORPORATION BHD  
Stock Name TOPGLOV  
Date Announced22 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTG-140821-40CD6

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 holderCitigroup Nominees (Tempatan) Sdn Bhd
for Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Level 42, Menara Citibank
165, Jalan Ampang
50450, Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed19/08/2014
500,000
 

Circumstances by reason of which change has occurredDisposal of shares by Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board.
Nature of interestDirect Interest
Direct (units)37,419,073 
Direct (%)6.0289 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change37,419,073
Date of notice20/08/2014

Remarks :
The total number of 37,419,073 Ordinary Shares of RM0.50 each are held through the following holders:
1) 27,410,873 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board;
2) 1,500,000 Ordinary Shares are registered in the name of Employees Provident Fund Board;
3) 802,700 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (KIB);
4) 420,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (PHEIM);
5) 6,945,500 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (CIMB PRI); and
6) 340,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident FD BD (ARIM).

Top Glove Corporation Bhd received the Form 29B on 22 August 2014.


ASTINO - Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement

Announcement Type: Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Company NameASTINO BERHAD  
Stock Name ASTINO  
Date Announced22 Aug 2014  
CategoryNotice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Reference NoCC-140822-282B2

Date of transaction22/08/2014
CurrencyMalaysian Ringgit (MYR)
Total number of treasury shares sold (units)187,016 
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$)1.760 
Maximum price paid for each share sold ($$)1.800 
Total amount received for treasury shares sold ($$)330,788.48 
Cumulative net outstanding treasury shares as at to-date (units)37 
Adjusted issued capital after cancellation/resale
(no. of shares) (units)


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

Announcement Type: General Announcement
Company NameFURNIWEB INDUSTRIAL PRODUCTS BERHAD  
Stock Name FURNWEB  
Date Announced22 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140821-68041

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionFURNIWEB INDUSTRIAL PRODUCTS BERHAD
PROPOSED ACQUISITION OF ONE (1) UNIT OF OFFICE BY PREMIER GESTURE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF FURNIWEB INDUSTRIAL PRODUCTS BERHAD FOR A PURCHASE PRICE OF RM5,500,000.00

The Board of Directors of Furniweb Industrial Products Berhad (“FIPB” or “the Company”) is pleased to announce that the Company’s wholly-owned subsidiary, Premier Gesture Sdn Bhd (“PGSB”), has on 22 August 2014 entered into a sale and purchase agreement (“SPA”) with KUB Malaysia Berhad (“the Vendor”) for the acquisition of a unit of office (“the Property”) for a purchase price of Ringgit Malaysia Five Million Five Hundred Thousand (RM5,500,000.00) only, subject to the terms and conditions contained in the SPA (“Proposed Acquisition”).


Please refer to the attachment for details of the Proposed Acquisition.

This announcement is dated 22 August 2014.




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