September 2, 2014

Company announcements: BIOOSMO, SIGN, DIALOG, VINTAGE, MAXTRAL, FITTERS

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

Announcement Type: General Announcement
Company NameBIO OSMO BERHAD  
Stock Name BIOOSMO  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoCS-140902-63394

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionBIO OSMO BERHAD (“Bio Osmo” or “the Company”)
- Proposed Disposal of Properties by Amshore Holdings Sdn Bhd (“Amshore”), a wholly owned subsidiary of the Company (“the Proposed Disposal”)

The Board of Directors of Bio Osmo wishes to announce that its wholly-owned subsidiary, Amshore has on 2 September 2014 entered into a Sale and Purchase Agreement (“the SPA”) with BTL Element Sdn Bhd for the disposal of the property for a total sale consideration of RM3.0 million on such terms and conditions as stated in the SPA.

Please refer to the attached file for details of the announcement.

This announcement is dated 2 September 2014.




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

Announcement Type: General Announcement
Company NameSIGNATURE INTERNATIONAL BERHAD  
Stock Name SIGN  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoMI-140902-64268

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

PROPOSED ACQUISITION BY SIGNATURE REALTY SDN BHD ("SRSB" OR "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF SIGN, OF FIVE PARCELS OF INDUSTRIAL LAND MEASURING IN AGGREGATE APPROXIMATELY 38.86 ACRES OR EQUIVALENT TO APPROXIMATELY 1,692,741.6 SQUARE FEET, ALL LOCATED WITHIN TECHPARK@ENSTEK PHASE 2 OR TECHPARK 2 IN BANDAR BARU ENSTEK, DAERAH SEREMBAN, NEGERI SEMBILAN, FOR A TOTAL CASH CONSIDERATION OF RM50,782,248 ("PROPOSED ACQUISITION")

On behalf of the Board of Directors of SIGN ("Board"), RHB Investment Bank Berhad ("RHB") wishes to announce that SRSB, a wholly-owned subsidiary of SIGN, had on 2 September 2014 entered into a conditional sale and purchase agreement ("SPA") with Lembaga Tabung Haji (the "Proprietor") and THP Enstek Development Sdn Bhd (formerly known as TH-NSTC Sdn Bhd ("THP" or the "Vendor") for the proposed acquisition of five (5) parcels of land, measuring approximately 38.86 acres in aggregate (or equivalent to 1,692,741.6 square feet) held under the master title of PT 17774, HS(D) 139404, in Mukim of Labu, Daerah Seremban, Negeri Sembilan ("Properties") at an aggregate cash consideration of approximately RM50.78 million ("Purchase Consideration")

Further details of the Proposed Acquisition are set out in the attachment enclosed.

This announcement is dated 2 September 2014.



DIALOG - 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 NameDIALOG GROUP BERHAD  
Stock Name DIALOG  
Date Announced2 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoDG-140902-F3B63

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 RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
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)
Disposed27/08/2014
1,400,000
 

Circumstances by reason of which change has occurredDisposal of shares.
Nature of interestDirect
Direct (units)524,724,384 
Direct (%)10.68 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change524,724,284
Date of notice02/09/2014

Remarks :
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Disposed 1,400,000 shares) - 403,739,116 shares
Employees Provident Fund Board - 3,024,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (KIB)- 4,203,468 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 19,320,134 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) - 20,954,972 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 14,016,640 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (NOMURA) - 39,517,254 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (ARIM) - 3,200,000 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AMUNDI) - 12,748,800 shares
Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (RHB INV) - 4,000,000 shares

Total No. of shares - 524,724,384 shares


VINTAGE - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameVTI VINTAGE BERHAD  
Stock Name VINTAGE  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140902-3215A

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionVTI VINTAGE BERHAD (“VVB” or “the Company”)
- Monthly Announcement on Status of Plan to Regularise Condition Pursuant to Practice Note No. 17 of the Main Market Listing Requirements (“PN17”) of Bursa Malaysia Securities Berhad

Reference is made to the Company’s announcements dated 1 August 2014, 15 August 2014 and Circular to Shareholders dated 29 April 2014.

The Board of Directors of VTI Vintage Berhad (“VVB” or “the Company”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 29 August 2014, approved VVB’s application for an extension of time until 31 October 2014 to implement its proposed regularisation plan.

In the event the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by Bursa Securities, the securities of VVB shall be removed from the Official List of Bursa Securities upon expiry of two (2) market days from the date of notification or such other date specified by Bursa Securities to the Company.

Further announcement on the development of the above matter will be made to Bursa Securities in due course.

This announcement is dated 2 September 2014.  

 



MAXTRAL - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameMAXTRAL INDUSTRY BERHAD  
Stock Name MAXTRAL  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140902-57265

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionMONTHLY UPDATE PURSUANT TO PRACTICE NOTE 17 ("PN17") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

We refer to our announcements dated 21 December 2012, 3 January 2013, 5 February 2013, 8 March 2013, 2 April 2013, 6 May 2013, 4 June 2013, 1 July 2013, 5 August 2013, 3 September 2013, 1 October 2013, 1 November 2013, 6 December 2013, 20 December 2013, 23 December 2013, 8 January 2014, 28 January 2014, 5 March 2014, 1 April 2014, 14 April 2014,2 May 2014, 3 June 2014, 4 July 2014 and 1 August 2014.

The Board of Directors of Maxtral Industry Berhad ("Maxtral" or the "Company") wishes to inform that the Company had on 20 December 2013 submitted an application to Bursa Malaysia Securities Berhad ("Bursa Securities") for extension of time ("Application") to submit its Regularisation Plan to the Securities Commission or Bursa Securities (as the case may be). The Company was required to submit its Regularisation Plan on or before 22 December 2013.

The Company was further informed by Bursa Malaysia Berhad by its letter dated 23 December 2013 that the suspension on the trading of the Company's securities and de-listing of the Company in accordance with Paragraph 8.04(5) of the Main Market Listing Requirements shall be deferred pending decision on the Application.

On 19 February 2014, Bursa Malaysia Berhad informed the Company by letter that the Application, after due consideration of all facts and circumstances of the matter, was rejected. The Company was informed that the trading in the securities of the Company will remain suspended until further notice and the securities of the Company will be de-listed on 3 March 2014 unless an appeal against the de-listing is submitted to Burs Securities on or before 26 February 2014 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.

In response to the above decline, the Company received a reply from Bursa Securities. After due consideration of all facts and circumstances of the case including the written and oral representations of the Company and the following:-

- AmInvestment Bank Berhad had been appointed as the principal adviser for the Company's proposed Regularisation Plan on 17 March 2014; and

- Subsequent to the termination of the Company's earlier Regularisation Plan involving NEP Holdings Berhad and Fenghua Construction Engineering Co Ltd in January and March 2014 respectively, the Company had managed to secure a new knight i.e. Bountiful Returns Sdn. Bhd. ("Bountiful") and had received conditional letters of offers dated 20 March 2014 from Bountiful for the supply of timber logs and leasing of a factory.

Bursa Securities has decided to grant Maxtral an extension of time until 31 July 2014 as requested to submit the Regularisation Plan to the relevant authorities for approval ("the Extended Timeframe").

Bursa Securities further decided to de-list the securities of the Company from the Official List of Bursa Securities pursuant to paragraph 8.04 of the Main Market Listing Requirements in the event:-

(i) the Company fails to submit the Regularisation Plan to the relevant authorities for approval within the Extended Timeframe;

(ii) the Company fails to obtain the approval for the implementation of its Regularisation Plan and does not appeal within the timeframe (or Extended Timeframe, as the case may be) prescribed to lodge an appeal;

(iii) the Company does not succeed in its appeals; or

(iv) the Company fails to implement its Regularisation Plan within the Timeframe or Extended Timeframe stipulated by the relevant authorities.

Upon occurrence of any of the events set out in (i) to (iv) above, the securities of the Company shall be removed from the Official List of Bursa Securities upon the expiry of two (2) market days from the date the Company is notified by Bursa Securities or such other date as may be specified by Bursa Securities.

In arriving at the aforesaid decision to de-list the Company upon occurrence of any of the events set out in (i) to (iv), Bursa Securities had considered, amongst others, the following factors:-

(1) Maxtral had failed to regularise the Company' financial condition in accordance with paragraph 8.04 of the Main Market Listing Requirements and PN17;

(2) the Company had started making losses since financial year ended 31 December 2010 and the financial results of Maxtral for the past three (3) financial years ended ("FYE") 31 December 2010 to 31 December 2012 and the Company's latest quarterly report for the financial period ended 31 December 2013 (4th Quarter 2013 as follows:
 
Item
FYE 31/12/2010 (RM'000)
FYE 31/12/2011 (RM'000)
FYE 31/12/2012 (RM'000)
4th Quarter 2013 (RM'000)
Revenue
61,464
21,936
15,441
1,704
(Loss)/profit before tax
(11,091)
(120,913)
(42,393)
(84,052)
(Loss)/profit after tax
(10,041)
(118,243)
(41,405)
(67,335)
Shareholders' equity
192,314
76,181
34,776
(30,582)
Total interest bearing borrowings
62,409
61,063
62,422
33,910
Net current assets/(liabilities)
39,529
3,439
(32,575)
(30,658)

(3) all PN17 companies are required to regularise their financial condition and level of operations expeditiously within the Timeframes prescribed in paragraph 8.04 of the Main Market Listing Requirements and PN17 or Extended Timeframe as may be granted by Bursa Securities;

(4) the requirement for companies to have an adequate level of financial condition and level of operations serves to ensure that companies listed on the Official List are of a certain minimum quality. Companies that have a minimum level of financial condition and level of operations serve to preserve and sustain market integrity and investors' confidence; and

(5) in the opinion of Bursa Securities, adequate time and opportunity had been accorded to Maxtral to regularise the Company's financial condition since Maxtral's First Announcement on 21 December 2012.

On 25 July 2014, on behalf of the Board of Directors of Maxtral, AmInvestment Bank Berhad announced that an application was submitted to Bursa Securities for an extension of time of five (5) months from the submission of Proposed Regularisation Plan deadline of 31 July 2014 for Maxtral to finalise the Proposed Regularisation Plan Prior to the submission to the relevant authorities.

This announcement is dated 2 September 2014.


MAXTRAL - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameMAXTRAL INDUSTRY BERHAD  
Stock Name MAXTRAL  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140902-52122

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionMONTHLY UPDATE ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1 ("PN1")OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

We refer to our announcements dated 14 November 2012, 10 December 2012, 3 January 2013, 5 February 2013, 8 March 2013, 2 April 2013, 6 May 2013, 4 June 2013, 1 July 2013, 5 August 2013, 3 September 2013, 1 October 2013, 1 November 2013, 6 December 2013, 8 January 2014, 28 January 2014, 5 March 2014, 1 April 2014, 2 May 2014, 3 June 2014, 4 July 2014 and 1 August 2014.

In compliance with paragraph 3.2 of PN1, the Board of Directors of Maxtral Industry Berhad wishes to inform that there has been no material development on the status as announced previously.

This announcement is dated 2 September 2014.


MAXTRAL - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameMAXTRAL INDUSTRY BERHAD  
Stock Name MAXTRAL  
Date Announced2 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140902-51710

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionMONTHLY UPDATE ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE ("PN1") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

We refer to our announcements dated 28 December 2012, 3 January 2013, 5 February 2013, 8 March 2013, 2 April 2013, 6 May 2013, 4 June 2013, 1 July 2013, 5 August 2013, 3 September 2013, 1 October 2013, 1 November 2013, 6 December 2013, 8 January 2014, 28 January 2014, 5 March 2014, 1 April 2014, 2 May 2014, 3 June 2014, 4 July 2014 and 1 August 2014.

In compliance with paragraph 3.2 of PN1, the Board of Directors of Maxtral Industry Berhad wishes to inform that there has been no material development on the status as announced previously.

This announcement is dated 2 September 2014.


FITTERS - Changes in Sub. S-hldr's Int. (29B) - Datin Goh Hooi Yin

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameFITTERS DIVERSIFIED BERHAD  
Stock Name FITTERS  
Date Announced2 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140902-DFD56

Particulars of substantial Securities Holder

NameDatin Goh Hooi Yin
Address27, Jalan Daya 2
Taman Daya Kepong
52100 Kuala Lumpur
NRIC/Passport No/Company No.600706-10-6368
Nationality/Country of incorporationMalaysian / Chinese
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderKenanga Nominees (Tempatan) Sdn Bhd
-Pledged Securities Account for Wong Swee Yee
8th Floor, Pernas International
Jalan Sultan Ismail
50250 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired29/08/2014
50,000
1.300 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestIndirect Interest
Direct (units)1,531,012 
Direct (%)0.495 
Indirect/deemed interest (units)95,000,672 
Indirect/deemed interest (%)30.711 
Total no of securities after change96,531,684
Date of notice29/08/2014

Remarks :
Remarks :
(a) Direct interest in 1,531,012 ordinary shares (0.495%) and;

(b) Indirect interest in 95,000,672 ordinary shares (30.711%) held under the name of:-

i) Dato' Wong Swee Yee - 20,119,783 ordinary shares

ii) Alliance Group Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Wong Swee Yee - 34,048,333 ordinary shares

iii) EB Nominees (Tempatan) Sendirian Berhad - Pledged Securities Account for Wong Swee Yee - 18,595,840 ordinary shares

iv) RHB Capital Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Wong Swee Yee - 17,986,716 ordinary shares

v) Kenanga Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Wong Swee Yee - 4,250,000 ordinary shares

The Form 29B was received by the Company on 2 September 2014.


FITTERS - Changes in Director's Interest (S135) - Datin Goh Hooi Yin

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameFITTERS DIVERSIFIED BERHAD  
Stock Name FITTERS  
Date Announced2 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140902-C679E

Information Compiled By KLSE

Particulars of Director

NameDatin Goh Hooi Yin
Address27, Jalan Daya 2
Taman Daya Kepong
52100 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
29/08/2014
50,000
1.300 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestIndirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)1,531,012 
Direct (%)0.495 
Indirect/deemed interest (units)95,000,672 
Indirect/deemed interest (%)30.711 
Date of notice29/08/2014

Remarks :
Remarks :
The acquisition of shares of 50,000 ordinary shares of RM0.50 each represents 0.016% of the total paid-up capital of the Company.

Based on the paid-up capital of the Company of RM154,669,105.00 divided into 309,338,210 ordinary shares of RM0.50 each as at 29 August 2014 (excluding 2,520,000 shares held as treasury shares).

(a) Direct interest in 1,531,012 ordinary shares (0.495%) and;

(b) Indirect interest in 95,000,672 ordinary shares (30.711%) held under the name of:-

i) Dato' Wong Swee Yee - 20,119,783 ordinary shares

ii) Alliance Group Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Wong Swee Yee - 34,048,333 ordinary shares

iii) EB Nominees (Tempatan) Sendirian Berhad - Pledged Securities Account for Wong Swee Yee - 18,595,840 ordinary shares

iv) RHB Capital Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Wong Swee Yee - 17,986,716 ordinary shares

v) Kenanga Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Wong Swee Yee - 4,250,000 ordinary shares

This announcement also serves as a notification pursuant to paragraph 14.09 of Chapter 14 of Bursa Malaysia Securities Berhad's Main Market Listing Requirements for dealings outside close periods.

The Notice was received by the Company on 2 September 2014.


FITTERS - Changes in Director's Interest (S135) - Dato' Wong Swee Yee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameFITTERS DIVERSIFIED BERHAD  
Stock Name FITTERS  
Date Announced2 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140902-D5A34

Information Compiled By KLSE

Particulars of Director

NameDato' Wong Swee Yee
Address27, Jalan Daya 2
Taman Daya Kepong
52100 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
29/08/2014
50,000
1.300 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)95,000,672 
Direct (%)30.711 
Indirect/deemed interest (units)1,589,944 
Indirect/deemed interest (%)0.514 
Date of notice29/08/2014

Remarks :
Remarks :
The acquisition of shares of 50,000 ordinary shares of RM 0.50 each represents 0.016% of the total paid-up capital of the Company.

Based on the paid-up capital of the Company of RM154,669,105.00 divided into 309,338,210 ordinary shares of RM0.50 each as at 29 August 2014 (excluding 2,520,000 shares held as treasury shares).

(a) Direct interest in 95,000,672 ordinary shares (30.711%) held under the name of:-

i) Dato’ Wong Swee Yee – 20,119,783 ordinary shares

ii) Alliance Group Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Wong Swee Yee – 34,048,333 ordinary shares

iii) EB Nominees (Tempatan) Sendirian Berhad - Pledged Securities Account for Wong Swee Yee - 18,595,840 ordinary shares

iv) RHB Capital Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Wong Swee Yee – 17,986,716 ordinary shares

v) Kenanga Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Wong Swee Yee – 4,250,000 ordinary shares

(b) Indirect interest in 1,589,944 ordinary shares (0.514%) held by:

i) Datin Goh Hooi Yin – 1,531,012 ordinary shares
ii) Wong Swee Seong – 58,932 ordinary shares

This announcement also serves as a notification pursuant to paragraph 14.09 of Chapter 14 of Bursa Malaysia Securities Berhad's Main Market Listing Requirements for dealings outside close periods.

This Notice was received by the Company on 2 September 2014.


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