JOBST - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | JOBSTREET CORPORATION BERHAD |
| Stock Name | JOBST |
| Date Announced | 31 Oct 2014 |
| Category | General Announcement |
| Reference No | OD-141031-53157 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | JOBSTREET CORPORATION BERHAD (“JOBSTREET” OR “COMPANY”) (I) PROPOSED DISPOSALS (II) PROPOSED DISTRIBUTION (COLLECTIVELY KNOWN AS THE “PROPOSALS” |
This announcement should be read in conjunction with the earlier announcements made on 19 February 2014, 21 February 2014, 29 April 2014, 12 May 2014, 14 May 2014, 15 May 2014, 24 June 2014, 1 July 2014, 19 August 2014, 21 August 2014 and 9 October 2014 in relation to the Proposals (“Announcements”). Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the said Announcements in relation to the Proposals. On behalf of the Board, Affin Hwang Investment Bank Berhad wishes to announce that CCS had, as set out in their media release dated 31 October 2014, as attached, issued a favourable decision in respect of the Proposed Disposals. The CCS concluded that the Proposed Disposals, if carried into effect, will not infringe the section 54 prohibition of the Singapore Competition Act (Cap. 50B), subject to the implementation of, and compliance by SEEK, with the Proposed Commitments and the Proposed Divestiture Commitment. In issuing the favourable decision, the CCS has accepted the Proposed Commitments offered by SEEK in order to address the potential competition concerns that may arise as a result of the Proposed Disposals. In addition, the CCS has also accepted the Proposed Divestiture Commitment offered by SEEK in order to address the potential competition concerns in respect of SEEK’s ownership and operations of jobs.com.sg in Singapore. Please refer to the attached document from the CCS with regards to the Proposed Disposals for further details. With the above favourable decision from the CCS, all the conditions precedent to the closing of the Proposed Disposals have been satisfied or waived in accordance with the terms of the SSA.
Barring any unforeseen circumstances, the Board expects the Proposed Disposals to be completed within November 2014 whilst the Proposed Distribution is expected to be completed by the end of 4th quarter 2014. Further details will be announced in due course.
This announcement is dated 31 October 2014. | |
FRONTKN - MATERIAL LITIGATION
| Company Name | FRONTKEN CORPORATION BERHAD |
| Stock Name | FRONTKN |
| Date Announced | 31 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141031-63261 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | FRONTKEN CORPORATION BERHAD (“FCB” or “the Company”) UPDATE OF LITIGATION |
Further to the announcements dated 7 March 2014, 12 March 2014, 20 March 2014, 22 April 2014, 16 May 2014, 11 July 2014 and 23 September 2014, the Board of Directors of FCB wishes to announce that it has been informed by the Company’s solicitors that the trial dates fixed on 26 and 27 November 2014 previously have been vacated and the new trial dates have now been fixed from 13th - 15th April, 2015. | |
INARI - Annual Audited Accounts - 30 June 2014
| Company Name | INARI AMERTRON BERHAD |
| Stock Name | INARI |
| Date Announced | 31 Oct 2014 |
| Category | PDF Submission |
| Reference No | IA-141031-62040 |
| Subject | Annual Audited Accounts - 30 June 2014 |
TM - MATERIAL LITIGATION
| Company Name | TELEKOM MALAYSIA BERHAD |
| Stock Name | TM |
| Date Announced | 31 Oct 2014 |
| Category | General Announcement |
| Reference No | TM-141031-60259 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | HIGH COURT OF MALAYA IN SHAH ALAM (CIVIL SUIT NO. 22NCVC-170-02/2013) 1) MENARA INTAN LANGKAWI SDN BHD (COMPANY NO. 502701-A) & 2) HBA DEVELOPMENT BHD (COMPANY NO. 430857-X) VS TM FACILITIES SDN BHD (COMPANY NO. 365637-X) |
Telekom Malaysia Berhad (“TM”) refers to its
previous announcement dated 18 November 2013. TM wishes to announce that the High Court has
today dismissed Menara Intan Langkawi Sdn Bhd’s claim against TM Facilities Sdn
Bhd (“TMF”) and awarded costs in the sum of RM50,000.00 in favour of TMF. TM shall make further announcement if there
are any material developments in respect of this matter. This announcement is dated 31 October 2014. | |
KWANTAS - Annual Audited Accounts - 30 June 2014
| Company Name | KWANTAS CORPORATION BERHAD |
| Stock Name | KWANTAS |
| Date Announced | 31 Oct 2014 |
| Category | PDF Submission |
| Reference No | KC-141031-66982 |
| Subject | Annual Audited Accounts - 30 June 2014 |
KWANTAS - OTHERS Deviation between Unaudited Results and Audited Financial Statements for the financial year ended 30th June 2014.
| Company Name | KWANTAS CORPORATION BERHAD |
| Stock Name | KWANTAS |
| Date Announced | 31 Oct 2014 |
| Category | General Announcement |
| Reference No | KC-141031-60038 |
| Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||||
| Subject | OTHERS | ||||||||||||||||||||||||||||||||||||||||||||
| Description | Deviation between Unaudited Results and Audited Financial Statements for the financial year ended 30th June 2014. | ||||||||||||||||||||||||||||||||||||||||||||
1. INTRODUCTION
The major causes of the variances between the announced unaudited results and the audited results are mainly attributed to the impairment and written-off of the property, plant and equipment. Due to the changing business environment and consumers preference which affecting the profitability and viability of the Group's soap noodle manufacturing business in China. The China operation unit has in October 2014 executed a revised business strategies and to cease the soap noodle manufacturing operation. The relevant property, plant and equipment and certain construction in progress have been impaired and written off accordingly. Allowance for impairment has been made for certain overdue receivables from the palm oil trades. All possible measures will be taken to recover the overdue receivables. This announcement is dated 31st October 2014. | |||||||||||||||||||||||||||||||||||||||||||||
IRMGRP - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN
| Company Name | IRM GROUP BERHAD |
| Stock Name | IRMGRP |
| Date Announced | 31 Oct 2014 |
| Category | General Announcement |
| Reference No | MI-141031-66822 |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN |
| Description | IRM GROUP BERHAD (“IRM” OR “COMPANY”) AND ITS SUBSIDIARY COMPANIES (“IRM GROUP” OR “GROUP”) (i) PROPOSED CAPITAL REDUCTION; (ii) PROPOSED CONSOLIDATION; (iii) PROPOSED SHARE PREMIUM CANCELLATION; (iv) PROPOSED SCHEMES OF ARRANGEMENT; (v) PROPOSED SHARE EXCHANGE; (vi) PROPOSED ACQUISITION OF PASB; (vii) PROPOSED EXEMPTION; (viii) PROPOSED PRIVATE PLACEMENT; (ix) PROPOSED AMENDMENT; AND (x) PROPOSED TRANSFER OF LISTING STATUS (THE ABOVE PROPOSALS ARE TO BE COLLECTIVELY REFERRED TO AS “PROPOSED REGULARISATION PLAN”) |
Announcement Details/Table Section Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those announced in the Requisite Announcement on 8 May 2014. We refer to announcements made by the Company on 8 May 2014 and 3 October 2014 in relation to the Requisite Announcement and the supplementary agreement to the Conditional SSA dated 3 October 2014 (“First Supplementary Agreement”) in respect of the Proposed Regularisation Plan. Reference is also made to announcements by KAF Investment, on behalf of the Company on 16 May 2014, 3 June 2014, 14 August 2014, 3 September 2014, 3 October 2014 and 7 October 2014 respectively, in relation to the Proposed Regularisation Plan. On behalf of the Board of IRM, KAF Investment wishes to announce that the Company had on 31 October 2014, entered into a second supplementary agreement to vary certain terms of the Conditional SSA and the First Supplemental Agreement (“Second Supplementary Agreement”). Please refer to the attached file for further details on the announcement. This announcement is dated 31 October 2014. | |
SIGN - OTHERS Signature International Berhad (“SIGN” or “the Company”) - Suit filed by Signature Manufacturing Sdn Bhd against SPK-BINA PURI JV, Pembinaan SPK Sdn Bhd and Bina Puri Holdings Bh
| Company Name | SIGNATURE INTERNATIONAL BERHAD |
| Stock Name | SIGN |
| Date Announced | 31 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141031-62801 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Signature International Berhad (“SIGN” or “the Company”) - Suit filed by Signature Manufacturing Sdn Bhd against SPK-BINA PURI JV, Pembinaan SPK Sdn Bhd and Bina Puri Holdings Bh |
The Board of Directors
of SIGN wishes to announce that Signature Manufacturing Sdn Bhd (“SMSB”), a
wholly-owned subsidiary of Signature Cabinet Sdn Bhd, which in turn is a
wholly-owned subsidiary of the Company (“Plaintiff”), had filed a suit on 30
September 2014 at the Kuala Lumpur High Court (Civil Suit No:22C-57-09/2014)
against an unincorporated joint venture trading under the name and style of
SPK-BINA PURI JV (“First Defendant”), Pembinaan SPK Sdn Bhd (“Second
Defendant”) and Bina Puri Holdings Bhd (“Third Defendant”) respectively
(collectively known as the “Defendants”). The suit had been filed
by SMSB for monies due and owing from the Defendants in the sum of Emirati
Dirham (AED) 1,996,486.13 (or equivalent to RM1,766,302.68 as at 24 September
2014) with interest thereon at the rate of 5% per annum, and including cost for
the supply, fabrication, delivery, installation and completion of kitchen
cabinets, wardrobes, vanity counters, breakfast table tops and lockers
(“Claims”) in respect of Phase 1 Plot 1 Zone B Residential, Commercial and
Recreational Development on Al Reem Island, United Arab Emirates. The Second and Third
Defendants have appointed Solicitors. The Third Defendant had filed an
application for a stay of proceedings with the intention to contest the
proceedings. The unsealed notice of application was duly served on the
Plaintiff’s Solicitors, Messrs Kadir, Andri & Partners on 30 October 2014.
The court has fixed the matter for case management on 1 December 2014. The Solicitor for the
Plaintiff is of the opinion that the Plaintiff has an arguable case on its
merits. No
material financial and/or operational impact is expected to arise from the
Claims. The Company will make the necessary
announcements on any further development of the above matter, as and when
necessary. This announcement is dated 31 October 2014.
| |
GLBHD - OTHERS REVALUATION OF GROUP'S ASSETS
| Company Name | GOLDEN LAND BERHAD |
| Stock Name | GLBHD |
| Date Announced | 31 Oct 2014 |
| Category | General Announcement |
| Reference No | GL-141031-66018 |
| Type | Announcement |
| Subject | OTHERS |
| Description | REVALUATION OF GROUP'S ASSETS |
| |
GLBHD - Annual Audited Accounts - 30 June 2014
| Company Name | GOLDEN LAND BERHAD |
| Stock Name | GLBHD |
| Date Announced | 31 Oct 2014 |
| Category | PDF Submission |
| Reference No | GL-141014-59377 |
| Subject | Annual Audited Accounts - 30 June 2014 |
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