November 18, 2014

Company announcements: GTRONIC, BGYEAR, WOODLAN

GTRONIC - Changes in Director's Interest (S135) - Ng Kok Khuan

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced18 Nov 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-141118-63FD8

Information Compiled By KLSE

Particulars of Director

NameNg Kok Khuan
Address66B Penang Street, 10200 Penang
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
13/11/2014
3,000
4.470 
Acquired
14/11/2014
3,000
4.490 
Acquired
17/11/2014
3,000
4.460 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Consideration (if any) 

Total no of securities after change

Direct (units)40,000 
Direct (%)0.01 
Indirect/deemed interest (units)295,013 
Indirect/deemed interest (%)0.1 
Date of notice18/11/2014

Remarks :
The total percentage of securities acquired is negligible. This announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Gooi Mei Hoon

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced18 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141118-6416F

Particulars of substantial Securities Holder

NameGooi Mei Hoon
Address46-A Jalan Sultan Ahmad Shah, 10050 Penang
NRIC/Passport No/Company No.480812-07-5186
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Gooi Mei Hoon of 46-A Jalan Sultan Ahmad Shah, 10050 Penang
2) Ng Kweng Chong Holdings Sendirian Berhad of 51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
3) Wiserite Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang
4) Glencare Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/11/2014
3,000
 
Acquired14/11/2014
3,000
 
Acquired17/11/2014
3,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)902,000 
Direct (%) 
Indirect/deemed interest (units)57,458,765 
Indirect/deemed interest (%) 
Total no of securities after change58,360,765
Date of notice18/11/2014


GTRONIC - Changes in Sub. S-hldr's Int. (29B) - General Produce Agency Sdn Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced18 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141118-6405C

Particulars of substantial Securities Holder

NameGeneral Produce Agency Sdn Berhad
Address66B Penang Street, 10200 Penang
NRIC/Passport No/Company No.1268-U
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) General Produce Agency Sdn Berhad of 66B Penang Street, 10200 Penang
2) Wiserite Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang
3) Glencare Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/11/2014
3,000
 
Acquired14/11/2014
3,000
 
Acquired17/11/2014
3,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)20,480,408 
Direct (%) 
Indirect/deemed interest (units)47,306,241 
Indirect/deemed interest (%) 
Total no of securities after change67,786,649
Date of notice18/11/2014


GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Malaysian Technology Development Corporation Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced18 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141118-64307

Particulars of substantial Securities Holder

NameMalaysian Technology Development Corporation Sdn Bhd
AddressLevel 8 Menara Yayasan Tun Razak, Jalan Bukit Bintang, 55100 Kuala Lumpur
NRIC/Passport No/Company No.235796-U
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Malaysian Technology Development Corporation Sdn Bhd of Level 8 Menara Yayasan Tun Razak, Jalan Bukit Bintang, 55100 Kuala Lumpur
2) Wiserite Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang
3) Glencare Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/11/2014
3,000
 
Acquired14/11/2014
3,000
 
Acquired17/11/2014
3,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)121,199 
Direct (%) 
Indirect/deemed interest (units)47,306,241 
Indirect/deemed interest (%) 
Total no of securities after change47,427,440
Date of notice18/11/2014


GTRONIC - Changes in Director's Interest (S135) - Ng Kweng Chong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced18 Nov 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-141118-641EF

Information Compiled By KLSE

Particulars of Director

NameNg Kweng Chong
Address66B Penang Street, 10200 Penang
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
13/11/2014
3,000
4.470 
Acquired
14/11/2014
3,000
4.490 
Acquired
17/11/2014
3,000
4.460 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Consideration (if any) 

Total no of securities after change

Direct (units)2,594,071 
Direct (%)0.92 
Indirect/deemed interest (units)58,702,085 
Indirect/deemed interest (%)20.89 
Date of notice18/11/2014

Remarks :
The total percentage of securities acquired is negligible. This announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Ng Kweng Chong Holdings Sendirian Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced18 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141118-640FA

Particulars of substantial Securities Holder

NameNg Kweng Chong Holdings Sendirian Berhad
Address51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
NRIC/Passport No/Company No.51580-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Ng Kweng Chong Holdings Sendirian Berhad of 51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
2) Wiserite Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang
3) Glencare Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/11/2014
3,000
 
Acquired14/11/2014
3,000
 
Acquired17/11/2014
3,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)10,152,524 
Direct (%) 
Indirect/deemed interest (units)47,306,241 
Indirect/deemed interest (%) 
Total no of securities after change57,458,765
Date of notice18/11/2014


GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Ng Kweng Chong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced18 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141118-63DAD

Particulars of substantial Securities Holder

NameNg Kweng Chong
Address66B Penang Street, 10200 Penang
NRIC/Passport No/Company No.480224-07-5163
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Ng Kweng Chong of 66B Penang Street, 10200 Penang
2) Gooi Mei Hoon of 46-A Jalan Sultan Ahmad Shah, 10050 Penang
3) Ng Hooi Chin of 46-A Jalan Sultan Ahmad Shah, 10050 Penang
4) Ng Kweng Chong Holdings Sendirian Berhad of 51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
5) Wiserite Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang
6) Glencare Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/11/2014
3,000
 
Acquired14/11/2014
3,000
 
Acquired17/11/2014
3,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)2,594,071 
Direct (%) 
Indirect/deemed interest (units)58,677,565 
Indirect/deemed interest (%) 
Total no of securities after change61,271,636
Date of notice18/11/2014


GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Wiserite Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced18 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141118-6428D

Particulars of substantial Securities Holder

NameWiserite Sdn Bhd
AddressSuite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang
NRIC/Passport No/Company No.410593-W
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Wiserite Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang
2) Glencare Sdn Bhd of Suite 16-1 (Penthouse Upper), Menara Penang Garden, 42A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/11/2014
3,000
 
Acquired14/11/2014
3,000
 
Acquired17/11/2014
3,000
 

Circumstances by reason of which change has occurredOpen market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)47,046,868 
Direct (%) 
Indirect/deemed interest (units)259,373 
Indirect/deemed interest (%) 
Total no of securities after change47,306,241
Date of notice18/11/2014


BGYEAR - PRACTICE NOTE 17 / GUIDANCE NOTE 3:SUSPENSION AND/OR DELISTING

Announcement Type: General Announcement
Company NameBINA GOODYEAR BERHAD  
Stock Name BGYEAR  
Date Announced18 Nov 2014  
CategoryGeneral Announcement
Reference NoCM-141118-66082

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
SUSPENSION AND/OR DELISTING
DescriptionBursa Malaysia Securities Berhad's (“Bursa Securities”) Decision in Respect of Appeal Against De-Listing Under Paragraph 8.04 of Bursa Securities’ Main Market Listing Requirements (“Main LR”)

Reference is made to the announcements dated 5 August 2014 and 3 September 2014 in relation to the appeal against the de-listing of securities of BGB.

The Company wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has issued a letter dated 17 November 2014 in respect of the Company’s appeal for an extension of time to submit a new regularisation plan and de-listing of BGB, wherein Bursa Securities informed that after due deliberation and having considered all the facts and circumstances of the matter including the Company’s written and oral representations, the Listing Committee has resolved to:

(a) Dismiss the Company appeal for an extension of time of six (6) months until 2 March 2014 to submit a new regularisation plan to the relevant authorities for approval; and
(b) De-list the securities of BGB from the Official List of Bursa Securities pursuant to paragraph 8.04 of the Main LR.

In arriving at the aforesaid decision, the Listing Committee had considered, amongst others, the following factors:

i) Since the First Announcement on 19 November 2012, BGB has had approximately 24 months to regularise it financial condition;
ii) BGB had failed to regularise the Company’s financial condition in accordance with paragraph 8.04 of the Main LR and Practice Note 17 (“PN17”);
iii) The regularisation plan submitted by BGB did not comply with paragraph 3.1 of the PN17 and had been rejected by Bursa Securities. Further, the Company had on 5 November 2014 announced that the White Knight, Trinity Group Sdn Bhd, had considered and decided not to resume negotiation on the proposed reverse take-over (“Proposed RTO). The Company had also received a letter dated 4 November 2014 from Kenanga Investment Bank Berhad notifying that its appointment as adviser to the Proposed RTO would cease accordingly;
iv) BGB’s financial position based on the Company’s annual audited accounts for the financial year ended 30 June 2009 until 30 June 2014;
v) 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 LR and PN17 or extended timeframe as may be granted by Bursa Securities;
vi) 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
vii) In the opinion of the Listing Committee, adequate time and opportunity had been accorded to BGB to regularise the Company’s financial condition since BGB’s First Announcement on 19 November 2012.

Accordingly, the securities of the Company will be removed from the Official List of Bursa Securities upon the expiry of two (2) market days from the date of the said letter from Bursa Securities, i.e. on Thursday, 20 November 2014.

With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the Company have been de-listed from the Official List of Bursa Securities. This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures. 

This announcement is dated 18 November 2014.


WOODLAN - Changes in Director's Interest (S135) - Dato' Mun Weng Sum

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWOODLANDOR HOLDINGS BHD  
Stock Name WOODLAN  
Date Announced18 Nov 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-141118-3B85D

Information Compiled By KLSE

Particulars of Director

NameDato’ Mun Weng Sum
Address80 Jalan Bunga Anggerik
Dataran Ukay, Ulu Klang
68000 Ampang
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
18/11/2014
2,000
0.565 
Acquired
18/11/2014
2,000
0.580 

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

Total no of securities after change

Direct (units)424,098 
Direct (%)1.06 
Indirect/deemed interest (units)660,466 
Indirect/deemed interest (%)1.65 
Date of notice18/11/2014


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