October 21, 2014

Company announcements: DIGISTA, MTRONIC, GRANFLO, DAYA, TDEX, KEYASIC, AMBANK, MAA

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

Announcement Type: General Announcement
Company NameDIGISTAR CORPORATION BERHAD  
Stock Name DIGISTA  
Date Announced21 Oct 2014  
CategoryGeneral Announcement
Reference NoCK-141021-D5B8B

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Digistar Corporation Berhad ("the Company") has received notification from Mejar (K) Datuk Wira Lee Wah Chong, the Managing Director of the Company in relation to the acquisition of ordinary shares in the Company, the details of which are set out in the table below.

Date of Dealing

Description of Securites

Name of Registered Holder

Number of Securities Acquired

Price per unit (RM)

% of Securities

17.10.2014

Ordinary Shares of RM0.10 each

Mejar (K) Datuk Wira Lee Wah Chong507,0000.240.12

This announcement is dated 21 October 2014.



DIGISTA - Changes in Director's Interest (S135) - Mejar (K) Datuk Wira Lee Wah Chong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameDIGISTAR CORPORATION BERHAD  
Stock Name DIGISTA  
Date Announced21 Oct 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-141021-D5B55

Information Compiled By KLSE

Particulars of Director

NameMejar (K) Datuk Wira Lee Wah Chong
AddressNo. 28, Jalan Satu
Taman Tun Abdul Razak
68000 Ampang
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary Shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
17/10/2014
507,000
0.240 

Circumstances by reason of which change has occurredAcquistion in open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)34,216,449 
Direct (%)8.25 
Indirect/deemed interest (units)71,528,873 
Indirect/deemed interest (%)17.26 
Date of notice21/10/2014

Remarks :
(1) The direct interest of 34,216,449 shares comprised:

(a) 6,321,400 shares held by Mejar (K) Datuk Wira Lee Wah Chong.

(b) 27,895,049 shares held by ECML Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Mejar (K) Datuk Wira Lee Wah Chong.

(2) The indirect interest of 71,528,873 shares comprised:

(a) 65,098,526 shares held by ECML Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Kenangan Lampiran Sdn. Bhd. ("KLSB") by virtue of his interest in KLSB.

(b) 6,430,347 shares held by his spouse, Datin Wira Wa Siew Yam pursuant to Section 134(12)(c) of the Companies Act, 1965


DIGISTA - Changes in Sub. S-hldr's Int. (29B) - Mejar (K) Datuk Wira Lee Wah Chong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameDIGISTAR CORPORATION BERHAD  
Stock Name DIGISTA  
Date Announced21 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-141021-D5B72

Particulars of substantial Securities Holder

NameMejar (K) Datuk Wira Lee Wah Chong
AddressNo. 28, Jalan Satu
Taman Tun Abdul Razak
68000 Ampang
Selangor Darul Ehsan
NRIC/Passport No/Company No.580709-04-5219
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holder1. Mejar (K) Datuk Wira Lee Wah Chong
No. 28, Jalan Satu, Taman Tun Abdul Razak, 68000 Ampang, Selangor Darul Ehsan

2. ECML Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Mejar (K) Datuk Wira Lee Wah Chong
Ground Floor Bangunan ECM Libra, 8, Jalan Damansara Endah, Damansara Heights, 50490 Kuala Lumpur

3. ECML Nominees Tempatan Sdn Bhd Pledged Securities Account for Kenangan Lampiran Sdn. Bhd.
Ground Floor Bangunan ECM Libra, 8, Jalan Damansara Endah, Damansara Heights, 50490 Kuala Lumpur

4. Datin Wira Wa Siew Yam
No. 28, Jalan Satu, Taman Tun Abdul Razak, 68000 Ampang, Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired17/10/2014
507,000
0.240 

Circumstances by reason of which change has occurredAcquisition in open market
Nature of interestDirect
Direct (units)34,216,449 
Direct (%)8.25 
Indirect/deemed interest (units)71,528,873 
Indirect/deemed interest (%)17.26 
Total no of securities after change105,745,322
Date of notice21/10/2014

Remarks :
(1) The direct interest of 34,216,449 shares comprised:

(a) 6,321,400 shares held by Mejar (K) Datuk Wira Lee Wah Chong.

(b) 27,895,049 shares held by ECML Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Mejar (K) Datuk Wira Lee Wah Chong.

(2) The indirect interest of 71,528,873 shares comprised:

(a) 65,098,526 shares held by ECML Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Kenangan Lampiran Sdn. Bhd. ("KLSB") by virtue of his interest in KLSB.

(b) 6,430,347 shares held by his spouse, Datin Wira Wa Siew Yam pursuant to Section 134(12)(c) of the Companies Act, 1965


MTRONIC - METRONIC GLOBAL BERHAD ("Metronic" of "the Company") - DEALING IN QUOTED SHARES (Para 10.06 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad)

Announcement Type: General Announcement
Company NameMETRONIC GLOBAL BERHAD  
Stock Name MTRONIC  
Date Announced21 Oct 2014  
CategoryGeneral Announcement
Reference NoCC-141021-F68B5

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDYL-141020-53783
SubjectMETRONIC GLOBAL BERHAD ("Metronic" of "the Company")
- DEALING IN QUOTED SHARES (Para 10.06 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad)
DescriptionMETRONIC GLOBAL BERHAD ("Metronic" of "the Company")
- DEALING IN QUOTED SHARES (Para 10.06 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad)
Query Letter Contents We refer to your Company's announcement dated 14 October 2014 in respect of the
aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-

1. The number of shares acquired and disposed of in each company during the
period indicated.

2. The total number of shares and the percentage shareholdings held in each
company as at to date.

3. The intended application of the net proceeds arising from the acquisitions
and disposals and the breakdown, including the time frame for full utilisation
of proceeds.

4. The effects of the acquisitions on the net assets per share and earnings per
share of the Metronic Global Berhad (“MCB”) Group.

5. The effect of the acquisition on the earnings per share of MCB Group for the
financial year ending 31 December 2014.

6. The impact on net assets per share resulting from acquisitions and disposals
based on the latest audited accounts of MGB as at 31 December 2013.

7. Whether the directors and/or major shareholders and/or persons connected
with a director or major shareholder have any interest, direct or indirect, in
the acquisitions, and the nature and extent of their interests.









Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.



Yours faithfully



TAN YEW ENG
Vice President, Issuers
Listing Division, Regulation

TYE/yls

copy to:-General Manager & Head, Market Surveillance Department, Market
Oversight Division, Securities Commission (via fax)

Further to our announcements dated 10 October 2014 and 14 October 2014, we furnish the following additional information:-

(1) The number of shares acquired and disposed of in each company during the period indicated.

Acquisitions

Quantity

Period

1MMS Ventures Berhad

29,964,500

17.12.2013 to 06.06.2014

2Iris Corporation Berhad

18,069,600

12.05.2014 to 26.06.2014

Disposals

Quantity

Period

1MMS Ventures Berhad

29,964,500

24.03.2014 to 12.06.2014

2Iris Corporation Berhad

18,069,600

06.06.2014 to 14.07.2014

3China Stationery Limited

34,630,500

23.10.2013 to 04.07.2014

(2) The total number of shares and the percentage shareholdings held in each company as at todate.

Company Name

Quantity

Percentage of Shareholdings

1Netx Holdings Bhd

98,862,350

15.8%

2

MNC Wireless Berhad

4,662,000

4.9%

(3) The intended application of the net proceeds arising from the acquisitions and disposals and the breakdown, including the time frame for full utilization of proceeds.

The intended application of the net proceeds arising from the acquisitions and disposals is solely for working capital and the time frame for full utilization of proceeds is within 12 months period.

(4) The effect of the acquisitions on the net assets per share and earnings per share of the Metronic Global Berhad (“MGB”) Group.

The acquisitions are not expected to have any significant effect on the net assets per share and earnings per share of Metronic Global Berhad.

(5) The effect of the acquisitions on the earnings per share of MGB Group for the financial year ending 31 December 2014.

The acquisitions are not expected to have any significant effect on the net assets per share and earnings per share of MGB Group for the financial year ending 31 December 2014.

(6) The impact on net assets per share resulting from acquisitions and disposals based on the latest audited accounts of MGB as at 31 December 2013.

The net assets per share had decreased by 0.11 sen resulting from acquisitions and disposals based on latest audited accounts of MGB as at 31 December 2013.

(7) Whether the directors and/or major shareholders and/or persons connected with a director or major shareholder have any interest, direct or indirect, in the acquisitions, and the nature and extent of their interests.

Save for Dato' Tan Choon Hwa who is an Independent Non-Executive Director of MGB and is also a Non-Independent Non-Executive Director of China Stationery Limited, none of the directors and/or major shareholders and/or person connected with a director or major shareholder has any interest, direct or indirect, in the acquisitions.

This announcement is dated 21 October 2014.

Copy to: General Manager & Head, Market Surveillance Department, Market Oversight Division, Securities Commission



GRANFLO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameGRAND-FLO BERHAD  
Stock Name GRANFLO  
Date Announced21 Oct 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-141021-35E4E

Date of buy back21/10/2014
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)30,000
Minimum price paid for each share purchased ($$)0.285
Maximum price paid for each share purchased ($$)0.290
Total consideration paid ($$)8,589.90
Number of shares purchased retained in treasury (units)30,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)736,600
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 (%)0.203


DAYA - OTHERS DAYA MATERIALS BERHAD ("DMB" OR "THE COMPANY") SHAH ALAM HIGH COURT SUIT NO. 22NCVC-480-10/2014 TIDEWAY ALLIANCE SDN BHD AGAINST DAYA OCI SDN BHD

Announcement Type: General Announcement
Company NameDAYA MATERIALS BERHAD  
Stock Name DAYA  
Date Announced21 Oct 2014  
CategoryGeneral Announcement
Reference NoCC-141021-FAA6C

TypeAnnouncement
SubjectOTHERS
DescriptionDAYA MATERIALS BERHAD ("DMB" OR "THE COMPANY")
SHAH ALAM HIGH COURT SUIT NO. 22NCVC-480-10/2014
TIDEWAY ALLIANCE SDN BHD AGAINST DAYA OCI SDN BHD

The Board of Directors of DMB wishes to announce that its subsidiary, Daya OCI Sdn Bhd (“DOCI”), has been named as the defendant in a civil suit filed by Tideway Alliance Sdn Bhd (Company No. 607144-M) (“Plaintiff”), in the High Court at Shah Alam.

 

DOCI had on 20 October 2014 received service of the letter dated 20 October 2014 from the Plaintiff’s lawyers together with a copy of the sealed copy of the Writ and Statement of Claim dated 1 October 2014 (“Suit”).

 

In the Suit, the Plaintiff is claiming the sum of RM6,937,500 allegedly owing for services allegedly rendered at the request and instructions of DOCI. The Plaintiff’s claim in the abovementioned civil suit was in relation to certain rock-dumping works and services allegedly provided to DOCI.

 

The claim under the Suit does not have any reasonably foreseeable material and adverse financial and operational impact on the Company. DOCI intends to vigorously defend the Suit and is seeking legal advice from its solicitors. The Company will make the necessary announcements as and when there are material developments in this case.

 

This announcement is dated 21 October 2014.

 



TDEX - Changes in Sub. S-hldr's Int. (29B) - Low Fui Teck

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTECHNODEX BHD (ACE Market) 
Stock Name TDEX  
Date Announced21 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-141021-67428

Particulars of substantial Securities Holder

NameLow Fui Teck
Address14, Jalan Impian Emas 64
Taman Impian Emas
81300 Skudai
Johor
NRIC/Passport No/Company No.710217-01-5577
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderLow Fui Teck
14, Jalan Impian Emas 64
Taman Impian Emas
81300 Skudai
Johor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed20/10/2014
5,000,000
 

Circumstances by reason of which change has occurredDisposal through crossing
Nature of interestDirect
Direct (units)18,990,632 
Direct (%)5.57 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change18,990,632
Date of notice21/10/2014


KEYASIC - Change in Principal Officer

Announcement Type: Change in Principal Officer
Company NameKEY ASIC BERHAD  
Stock Name KEYASIC  
Date Announced21 Oct 2014  
CategoryChange in Principal Officer
Reference NoCK-141021-39555

Date of change20/11/2014
NamePeng Jieh-Ping
Age59
NationalityAmerican
DesignationChief Executive Officer
Type of changeResignation
ReasonRetirement
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
Qualifications
Working experience and occupation
Directorship of public companies (if any)
Family relationship with any director and/or major shareholder of the listed issuer
Any conflict of interests that he/she has with the listed issuer or its subsidiaries
Details of any interest in the securities of the listed issuer or its subsidiaries

Remarks :
Mr Peng Jieh-Ping has given notice of his intention to resign from the position as Chief Executive Officer of Key ASIC Berhad to be effective on 20 November 2014.


AMBANK - 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 NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced21 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAH-141021-62E8A

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 RM1.00 each
Name & address of registered holderCitigroup 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 2,000,000 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 transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/10/2014
2,000,000
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change428,916,037
Date of notice17/10/2014

Remarks :
This notice was received on 21 October 2014.


MAA - PRACTICE NOTE 17 / GUIDANCE NOTE 3:OTHERS

Announcement Type: General Announcement
Company NameMAA GROUP BERHAD  
Stock Name MAA  
Date Announced21 Oct 2014  
CategoryGeneral Announcement
Reference NoCM-141021-65185

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
DescriptionMAA GROUP BERHAD (“MAAG” OR THE “COMPANY”)

APPLICATION FOR AN EXTENSION OF TIME TO COMPLY WITH PARAGRAPH 8.04(3) AND PRACTICE NOTE 17 (“PN17”) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING REQUIREMENTS")

We refer to the Company’s announcement dated 21 July 2014 (“Announcement”) in relation to the application for an extension of time to submit MAAG’s regularization plan (“Application”).

Further to the Announcement, the Board of Directors of MAAG (“Board”) wishes to announce that Bursa Securities has, vide its letter dated 21 October 2014, granted an extension of time of up to 31 January 2015 to submit a regularisation plan to the regulatory authorities, subject to the Requisite Announcement being made by 31 December 2014 (“Extension of Time”).

The Extension of Time is without prejudice to Bursa Securities' right to proceed to suspend the trading of the listed securities of MAAG and to de-list the Company in the event:

(i) MAAG fails to make the Requisite Announcement on or before 31 December 2014;

(ii) MAAG fails to submit a regularisation plan to the regulatory authorities on or before 31 January 2015;

(iii) MAAG fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; and

(iv) MAAG fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.

Upon occurrence of any of the events set out in (i) to (iv) above, Bursa Securities shall suspend the trading of the listed securities of MAAG on the next market day after five (5) market days from the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company's right to appeal against the delisting.

Further to the above, the Board wishes to announce the status of the MAAG group’s internal restructuring as follows:

(i) PT MAA General Assurance is currently implementing the plan to settle its obligation and liabilities.

From December 2013 to September 2014, the company has signed settlement agreements and paid settlements for approximately Rp 108.1 billion gross claims;

(ii) The proposed increase of MAAG’s equity interest in Columbus Capital Pty Ltd from 47.95% to 55% is pending approval from Foreign Investment Review Board, Australia; and

(iii) The Company is in the midst of re-evaluating its group structure including the group’s business plans and operational requirements, and the splitting of the existing composite license of MAA Takaful Berhad (“MAAT”) into two (2) capitalised legal entities i.e family takaful and general takaful insurance, to ensure compliance with the Islamic Financial Services Act, 2013.

The Company is also in the midst of preparing its regularisation plan.

This announcement is dated 21 October 2014.



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