AEM - MULTIPLE PROPOSALS
Announcement Type: General Announcement
| Company Name | AE MULTI HOLDINGS BERHAD |
| Stock Name | AEM |
| Date Announced | 4 Nov 2014 |
| Category | General Announcement |
| Reference No | OS-141104-64086 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | AE MULTI HOLDINGS BERHAD (“AEM” OR “THE COMPANY”) (I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED RIGHTS ISSUE WITH WARRANTS ; AND (III) PROPOSED AMENDMENT (COLLECTIVELY, REFERRED TO AS “PROPOSALS”) |
Unless stated otherwise, the terms used herein shall
carry the same meaning as those defined in the earlier announcements in
relation to the above Proposals. M&A Securities Sdn Bhd on behalf of the Board of Directors of AEM ("Board"), is pleased to announce that the Board has resolved to fix the issue price for the Rights Shares at RM0.18 per Rights Share and the exercise price for the Warrants at RM0.25 per Warrant. Please refer to the attachment for further details. This announcement is dated 4 November 2014. | |
SKPRES - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
| Company Name | SKP RESOURCES BHD |
| Stock Name | SKPRES |
| Date Announced | 4 Nov 2014 |
| Category | General Announcement |
| Reference No | MI-141104-55744 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | SKP RESOURCES BHD (“SKP” OR THE “COMPANY”) PROPOSED ACQUISITIONS BY SKP OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF PLASTICTECNIC (M) SDN BHD, SUN TONG SENG MOULD-TECH SDN BHD, AND BANGI PLASTICS SDN BHD, ALL WHOLLY-OWNED SUBSIDIARIES OF TECNIC GROUP BERHAD, FOR AN AGGREGATE PURCHASE CONSIDERATION OF RM200.0 MILLION TO BE SATISFIED VIDE THE ISSUANCE OF 172,413,793 NEW ORDINARY SHARES OF RM0.10 EACH IN SKP (“SKP SHARE(S)”) AT AN ISSUE PRICE OF RM0.58 PER SKP SHARE AND RM100.0 MILLION IN CASH |
This announcement should be read in conjunction with the earlier announcements made on 2 October 2014. Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the announcement dated 2 October 2014 (“Announcement”). On behalf of the Board, RHB Investment Bank wishes to announce that the application for the listing of and quotation for the Consideration Shares on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) together with the draft circular to shareholders of SKP have been submitted to Bursa Securities today.
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SERNKOU - GENERAL MEETINGS: NOTICE OF MEETING
Announcement Type: General Meetings
| Company Name | SERN KOU RESOURCES BERHAD |
| Stock Name | SERNKOU |
| Date Announced | 4 Nov 2014 |
| Category | General Meetings |
| Reference No | CA-141031-58330 |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | Notice of Fourteenth Annual General Meeting |
| Date of Meeting | 27/11/2014 |
| Time | 11:00 AM |
| Venue | Classic Hotel No. 69, Jalan Ali 84000 Muar Johor Darul Takzim |
| Date of General Meeting Record of Depositors | 21/11/2014 |
IRETEX - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 4 Nov 2014 |
| Category | Change in Audit Committee |
| Reference No | CC-141104-38126 |
| Date of change | 04/11/2014 |
| Name | Abdul Rahim Bin Abdul Hamid |
| Age | 64 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Fellow Member of the Association of Chartered Certified Accountants, Member of the Malaysian Institute of Certified Public Accountants and Member of the Malaysian Institute of Accountants. |
| Working experience and occupation | He started his career in Coopers & Lybrand (previously known as Cooper Brothers & Co.) in 1971. He rose in the firm to eventually become its Chief Executive Officer in 1993. When the firm merged with Price Waterhouse in 1998 to form PricewaterhouseCoopers, he served as its Deputy Executive Chairman until he retired in June 2004. During the career span of 33 years he was involved in Auditing, Management Consulting and Insolvency Services covering a cross section of industries including Retail, Manufacturing, Construction, Plantation, Entertainment and Banking. Upon his retirement in 2004 he established Rahim Hamid & Co, now renamed ARH Associates providing Professional Services in Mergers & Acquisition, Insolvency & Recovery and Muamalat Business Advisory. In the education sector, he is a Member of the Senate at Open University Malaysia. He had previously served as Adjunct Professor at University Technology MARA and University Malaysia Trengganu. In the accounting profession, he served the Malaysian Institute of Accountants for a total of 12 years since 2001 and he was the President for 2 terms. He also served as the President of the ASEAN Federation of Accountants from 2010 to 2011 |
| Directorship of public companies (if any) | Petra Energy Berhad, Aeon Co (M) Berhad, Encorp Berhad, Malaysia Debt Ventures Berhad, Malaysia Venture Capital Management Berhad and MIDF Amanah Asset Management Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1. Abdul Rahim Bin Abdul Hamid (Chairman - Independent Non-Executive Director) 2. Soo Tee Wei (Member - Independent Non-Executive Director) 3. Collin Goonting A/L O.S. Goonting (Member - Independent Non-Executive Director) |
IRETEX - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 4 Nov 2014 |
| Category | Change in Boardroom |
| Reference No | CC-141104-36981 |
| Date of change | 04/11/2014 |
| Name | Abdul Rahim Bin Abdul Hamid |
| Age | 64 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Chairman |
| Directorate | Independent & Non Executive |
| Qualifications | Fellow Member of the Association of Chartered Certified Accountants, Member of the Malaysian Institute of Certified Public Accountants and Member of the Malaysian Institute of Accountants. |
| Working experience and occupation | He started his career in Coopers & Lybrand (previously known as Cooper Brothers & Co.) in 1971. He rose in the firm to eventually become its Chief Executive Officer in 1993. When the firm merged with Price Waterhouse in 1998 to form PricewaterhouseCoopers, he served as its Deputy Executive Chairman until he retired in June 2004. During the career span of 33 years he was involved in Auditing, Management Consulting and Insolvency Services covering a cross section of industries including Retail, Manufacturing, Construction, Plantation, Entertainment and Banking. Upon his retirement in 2004 he established Rahim Hamid & Co, now renamed ARH Associates providing Professional Services in Mergers & Acquisition, Insolvency & Recovery and Muamalat Business Advisory. In the education sector, he is a Member of the Senate at Open University Malaysia. He had previously served as Adjunct Professor at University Technology MARA and University Malaysia Trengganu. In the accounting profession, he served the Malaysian Institute of Accountants for a total of 12 years since 2001 and he was the President for 2 terms. He also served as the President of the ASEAN Federation of Accountants from 2010 to 2011 |
| Directorship of public companies (if any) | Petra Energy Berhad, Aeon Co (M) Berhad, Encorp Berhad, Malaysia Debt Ventures Berhad, Malaysia Venture Capital Management Berhad and MIDF Amanah Asset Management Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
IRETEX - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 4 Nov 2014 |
| Category | Change in Boardroom |
| Reference No | CC-141104-5CF29 |
| Date of change | 04/11/2014 |
| Name | Dr. Lai Chee Chuen |
| Age | 50 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Director |
| Directorate | Executive |
| Qualifications | Dr Lai obtained his MBA and Doctorate in Finance from Cass Business School, City University, London. Dr Lai is an Associate of the Chartered Institute of Management Accountants, Fellow of the Association of Chartered Certified Accountants, and Member of the Malaysian Institute of Accountants, Chartered Institute of Marketing and Association of Certified Fraud Examiners. |
| Working experience and occupation | A professional Accountant by training, Dr Lai worked in auditing, banking and finance, corporate management and consulting for 28 years. He was trained in London and practised accountancy both in professional accounting firms and with Barclays Bank Group, London. Upon returning to Malaysia, Dr Lai was attached to PwC Consulting before venturing into corporate management with a number of listed companies in capacities ranging from CEO, MD, Executive Director to Independent Non-Executive Director. Dr Lai returned to consulting from 2012 to Mid 2014 with Grant Thornton Consulting as Senior Director, Corporate Advisory. He had led assignments ranging from strategic reviews, mergers and acquisitions, receiverships, turnarounds, valuations, due diligence, independent business reviews to forensic investigations. Dr Lai specialises in Corporate Restructuring and Turnaround since obtaining a research PhD in this field in 1996. Since then, he had undertaken the role of advisor for a variety of corporate exercises including corporate and debt restructuring, mergers, acquisitions, divestments and reverse takeovers of listed companies in sectors ranging from construction, property development, telecommunications, manufacturing, diversified industries to government linked companies and agencies. |
| Directorship of public companies (if any) | Malaysia Pacific Corporation Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Gender : Male |
PPG - Changes in Director's Interest (S135) - LEE KHENG HON
Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
| Company Name | PELANGI PUBLISHING GROUP BHD. |
| Stock Name | PPG |
| Date Announced | 4 Nov 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-141104-266F9 |
Information Compiled By KLSE
Particulars of Director
| Name | LEE KHENG HON |
| Address | No. 7, Lorong Sg. Keramat 10B, Taman Kelang Utama, 42100 Kelang, Selangor |
| 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) |
Disposed | 20,000 | 0.555 |
| Circumstances by reason of which change has occurred | Disposed 20,000 shares (representing 0.021%) in the open market. |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 1,173,965 |
| Direct (%) | 1.214 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 04/11/2014 |
| Remarks : |
| This announcement is made pursuant to Paragraph 14.08 of the Main Market Listing Requirement. |
BSLCORP - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
| Company Name | BSL CORPORATION BERHAD |
| Stock Name | BSLCORP |
| Date Announced | 4 Nov 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CK-141104-58826 |
FAVCO - FAVCO- EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")
Announcement Type: Listing Circular
| Company Name | FAVELLE FAVCO BERHAD |
| Stock Name | FAVCO |
| Date Announced | 4 Nov 2014 |
| Category | Listing Circular |
| Reference No | ZA-141104-53823 |
LISTING'S CIRCULAR NO. L/Q : 71794 OF 2014
Kindly be advised that the abovenamed Company's additional 19,000 new ordinary shares of RM0.50 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Thursday, 6 November 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 Bhd - Update
Announcement Type: General Announcement
| Company Name | SIGNATURE INTERNATIONAL BERHAD |
| Stock Name | SIGN |
| Date Announced | 4 Nov 2014 |
| Category | General Announcement |
| Reference No | CC-141104-59464 |
| 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 Bhd - Update |
(Unless otherwise stated, definitions used in this announcement shall carry the same meaning as defined in the Company’s announcement dated 31 October 2014 in relation to the Suit filed by Signature Manufacturing Sdn Bhd against SPK-BINA PURI JV, Pembinaan SPK Sdn Bhd and Bina Puri Holdings Bhd)
Further to the announcement made by the Company on 31 October 2014, the Board of Directors of SIGN wishes to announce that the Second Defendant has just filed an application for a stay of proceedings against the Plaintiff with the intention to contest the proceedings together with a separate application to strike-out the First Defendant from being made a party to the above suit. The unsealed notices for both applications were duly served on the Plaintiff’s Solicitors, Messrs Kadir, Andri & Partners on 3 November 2014.
The Company will make the necessary announcements on the further development of the above matter as and when necessary.
This announcement is dated 4 November 2014.
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