October 2, 2014

Company announcements: INSTACO, FLONIC, FOCUS, INSAS, BJCORP-LD, AHP, KMLOONG, EIG

INSTACO - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameINSTACOM GROUP BERHAD (ACE Market) 
Stock Name INSTACO  
Date Announced2 Oct 2014  
CategoryGeneral Announcement
Reference NoMI-141002-66858

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionINSTACOM GROUP BERHAD ("INSTACOM" OR THE "COMPANY")

I. PROPOSED ACQUISITION BY INSTACOM OF 1,400,000 ORDINARY SHARES OF RM1.00 EACH IN NEATA ALUMINIUM (MALAYSIA) SDN BHD ("NEATA"), REPRESENTING 35% OF THE EQUITY INTEREST IN NEATA FOR A PURCHASE CONSIDERATION OF RM58.80 MILLION, TO BE FULLY SATISFIED VIA THE ISSUANCE OF NEW ORDINARY SHARES OF RM0.10 EACH IN INSTACOM ("INSTACOM SHARE(S)") AT THE ISSUE PRICE OF RM0.19 PER INSTACOM SHARE ("PROPOSED ACQUISITION");

II. PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF INSTACOM AND ITS SUBSIDIARY COMPANIES TO INCLUDE ALUMINIUM DESIGN AND FABRICATION BUSINESS AND CIVIL ENGINEERING AND CONSTRUCTION BUSINESS ("PROPOSED DIVERSIFICATION"); AND

III. PROPOSED BONUS ISSUE OF WARRANTS OF UP TO 210,676,278 WARRANTS IN INSTACOM ("WARRANT C") ON THE BASIS OF ONE (1) FREE WARRANT C FOR EVERY FIVE (5) EXISTING INSTACOM SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF WARRANTS")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board of Directors of Instacom Group Berhad ("Instacom" or the "Company") ("Board"), RHB Investment Bank Berhad ("RHBIB") wishes to announce that the Company had on 2 October 2014, entered into a conditional share sale agreement ("SSA") with Ooi Eng Kean, Nor Mohd Amin bin Shaharudin, Ang Li-Hann and Chia Kok Seng (collectively referred to as "Vendors") for the proposed acquisition by Instacom of 1,400,000 ordinary shares of RM1.00 each in Neata ("Neata Shares"), representing 35% of the equity interest in Neata ("Sale Shares"). The purchase consideration for the Proposed Acquisition is RM58,800,000 ("Purchase Consideration"), which will be fully satisfied by the issuance of 309,473,684 new ordinary shares of RM0.10 each in Instacom ("Instacom Shares" or "Shares") ("Consideration Shares") at an issue price of RM0.19 per Instacom Share.

In conjunction with the Proposed Acquisition, the Board has also resolved to undertake the following:-

i. proposed diversification of the existing principal activities of Instacom and its subsidiary companies ("Instacom Group" or "Group") to include aluminium design and fabrication business and civil engineering and construction business ("Proposed Diversification"); and

ii. proposed bonus issue of up to 210,676,278 Warrants C on the basis of one (1) free Warrant C for every five (5) existing Instacom Shares held on an entitlement date to be determined later ("Proposed Bonus Issue of Warrants").

(The Proposed Acquisition, the Proposed Diversification and the Proposed Bonus Issue of Warrants are collectively referred to as the "Proposals").

Further details on the Proposals are set out in the attachment enclosed.



This announcement is dated 2 October 2014.



FLONIC - FLONIC - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company NameFLONIC HI-TEC BHD (ACE Market) 
Stock Name FLONIC  
Date Announced2 Oct 2014  
CategoryListing Circular
Reference NoZA-141002-63389

LISTING'S CIRCULAR NO. L/Q : 71595 OF 2014


    RENOUNCEABLE RIGHTS ISSUE OF UP TO 524,902,678 NEW ORDINARY SHARES OF RM0.05 EACH IN FLONIC (“RIGHTS SHARES”) TOGETHER WITH UP TO 349,935,118 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.05 EACH IN FLONIC TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS")

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Right Issue" ]
    as from : [ 13 October 2014 ]

    2) The last date of lodgement : [ 15 October 2014 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 1/2 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 1/2 ] of the Transacted Price is applicable.


FLONIC - FLONIC - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company NameFLONIC HI-TEC BHD (ACE Market) 
Stock Name FLONIC  
Date Announced2 Oct 2014  
CategoryListing Circular
Reference NoZA-141002-65883

LISTING'S CIRCULAR NO. L/Q : 71596 OF 2014


    RENOUNCEABLE RIGHTS ISSUE OF UP TO 524,902,678 NEW ORDINARY SHARES OF RM0.05 EACH IN FLONIC (“RIGHTS SHARES”) TOGETHER WITH UP TO 349,935,118 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.05 EACH IN FLONIC TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS")

    Kindly be advised of the following :

    1) The Rights commence of trading : [ 16 October 2014 ]

    2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
    [ 17 October 2014 ]

    3) The last day and time for Acceptance, Renunciation and Payment :
    [ 31 October 2014 @ 5:00pm ]

    4) The Rights cease quotation : [ 24 October 2014 ]

    The Stock Short Name, Number and ISIN Code [ FLONIC-OR, 0109OR, MYQ0109OR000 ] respectively


FOCUS - FOCUS - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company NameFOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) 
Stock Name FOCUS  
Date Announced2 Oct 2014  
CategoryListing Circular
Reference NoZA-141002-64273

LISTING'S CIRCULAR NO. L/Q : 71597 OF 2014


    RENOUNCEABLE RIGHTS ISSUE OF UP TO 449,143,740 NEW ORDINARY SHARES OF RM0.10 EACH IN FOCUS DYNAMICS TECHNOLOGIES BERHAD ("FOCUS") (“RIGHTS SHARES”) TOGETHER WITH UP TO 299,429,160 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 EACH IN FOCUS TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Right Issue" ]
    as from : [ 13 October 2014 ]

    2) The last date of lodgement : [ 15 October 2014 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 1/2 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 10 % ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 1/2 ] of the Transacted Price is applicable.


FOCUS - FOCUS - NOTICE OF RIGHTS ENTITLEMENT

Announcement Type: Listing Circular
Company NameFOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) 
Stock Name FOCUS  
Date Announced2 Oct 2014  
CategoryListing Circular
Reference NoZA-141002-66374

LISTING'S CIRCULAR NO. L/Q : 71598 OF 2014


    RENOUNCEABLE RIGHTS ISSUE OF UP TO 449,143,740 NEW ORDINARY SHARES OF RM0.10 EACH IN FOCUS DYNAMICS TECHNOLOGIES BERHAD ("FOCUS") (“RIGHTS SHARES”) TOGETHER WITH UP TO 299,429,160 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 EACH IN FOCUS TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE

    Kindly be advised of the following :

    1) The Rights commence of trading : [ 16 October 2014 ]

    2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : [ 17 October 2014 ]

    3) The last day and time for Acceptance, Renunciation and Payment : [ 31 October 2014 @ 5:00pm ]

    4) The Rights cease quotation : [ 24 October 2014 ]

    The Stock Short Name, Number and ISIN Code [ FOCUS-OR, 0116OR and MYQ0116OR005 ] respectively


INSAS - OTHERS INSAS BERHAD ("INSAS" OR "THE COMPANY") - DEED OF TERMINATION OF AGREEMENTS

Announcement Type: General Announcement
Company NameINSAS BERHAD  
Stock Name INSAS  
Date Announced2 Oct 2014  
CategoryGeneral Announcement
Reference NoII-141002-62701

TypeAnnouncement
SubjectOTHERS
DescriptionINSAS BERHAD ("INSAS" OR "THE COMPANY")
- DEED OF TERMINATION OF AGREEMENTS

Further to our announcement dated 6 May 2014 in respect of the subscription of 300,000 ordinary shares representing 60% of the equity interest in Special Windfall Sdn Bhd (“SWSB”), the Board of Directors of Insas wishes to announce that SWSB had on 2 October 2014 entered into Deed of Termination with Dato’ Gan Kong Hiok and Gan Eng Hian (“the Vendors”) and have mutually agreed to rescind, revoke and terminate the following agreements :

(i) Share Sale Agreement (“SSA”) dated 26 February 2014 made between SWSB and the Vendors for the acquisition of the entire issued and paid-up capital of Tahap Wawasan Sdn Bhd (“TWSB”) for a purchase consideration of RM9.52 million ("Purchase Price"); and

 

(ii) Repayment Agreement (“RA”) dated 26 February 2014 made between SWSB and the Vendors for SWSB to repay TWSB’s debts amounting to RM3.98 million (“Repayment Sum”).


Please refer to the attachment for the full text of the announcement.



BJCORP-LD - BJCORP-LD - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameBERJAYA CORPORATION BERHAD  
Stock Name BJCORP-LD  
Date Announced2 Oct 2014  
CategoryListing Circular
Reference NoZA-141002-60027

LISTING'S CIRCULAR NO. L/Q : 71593 OF 2014


    Fifth interest payment in respect of RM700,109,520 nominal value of 5% Irredeemable Convertible Unsecured Loan Stocks 2012/2022 for the period from 23 April 2014 to
    22 October 2014

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Interest" ]
    as from : [ 14 October 2014 ]

    2) The last date of lodgement : [ 16 October 2014 ]

    3) Date Payable : [ 28 October 2014 ]


AHP - OTHERS Proposed Change in Shareholding Structure of Pelaburan Hartanah Nasional Berhad (“PHNB”), being the Manager to Amanah Harta Tanah PNB ("AHP").

Announcement Type: General Announcement
Company NameAMANAH HARTA TANAH PNB  
Stock Name AHP  
Date Announced2 Oct 2014  
CategoryGeneral Announcement
Reference NoAH-140919-55190

TypeAnnouncement
SubjectOTHERS
DescriptionProposed Change in Shareholding Structure of Pelaburan Hartanah Nasional Berhad (“PHNB”), being the Manager to Amanah Harta Tanah PNB ("AHP").

PHNB, as the Manager of AHP, wishes to announce that on 1 October 2014, Permodalan Nasional Berhad ("PNB") had entered into a conditional share sale agreement with Malayan Banking Berhad ("Maybank") to acquire Maybank's entire shareholding of 300,000 ordinary shares of RM1.00 each in PHNB, which represents thirty per centum (30%) of the issued and paid-up capital of PHNB ("Proposed Acquisition"). Upon the completion of the Proposed Acquisition, PNB will hold the entire issued and paid-up capital of PHNB.


The Proposed Acquisition is subject to the approval of the Securities Commission Malaysia.

This announcement is dated 2 October 2014.


KMLOONG - KMLOONG - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameKIM LOONG RESOURCES BERHAD  
Stock Name KMLOONG  
Date Announced2 Oct 2014  
CategoryListing Circular
Reference NoZA-141002-65456

LISTING'S CIRCULAR NO. L/Q : 71599 OF 2014


    Interim single tier dividend of 7% in respect of the year ending 31 January 2015

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 29 October 2014 ]

    2) The last date of lodgement : [ 31 October 2014 ]

    3) Date Payable : [ 21 November 2014 ]


EIG - Changes in Sub. S-hldr's Int. (29B) - Chieng Ing Huong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameESTHETICS INTERNATIONAL GROUP BERHAD  
Stock Name EIG  
Date Announced2 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-141002-7468D

Particulars of substantial Securities Holder

NameChieng Ing Huong
AddressUnit No. A-17-9, Level 17, Block A
Menara UOA Bangsar
No. 5 Jalan Bangsar Utama 1
59100 Kuala Lumpur
NRIC/Passport No/Company No.571216-08-5189
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holderProvidence Capital Sdn Bhd
Unit No. A-17-9, Level 17, Block A
Menara UOA Bangsar
No. 5 Jalan Bangsar Utama 1
59100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/10/2014
40,000
 

Circumstances by reason of which change has occurredAcquisition of shares via on market transaction by Providence Capital Sdn Bhd (Deemed)
Nature of interestDeemed interest by virtue of interest in Providence Capital Sdn Bhd pursuant to Section 6A(4)(a) of the Companies Act, 1965.
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)112,944,476 
Indirect/deemed interest (%)61.05 
Total no of securities after change112,944,476
Date of notice02/10/2014


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