November 18, 2014

Company announcements: INSTACO, TECFAST, TEXCYCL, XINGHE, ESCERAM, TMCLIFE, TMCLIFE-WA, N2N, FOCUS

INSTACO - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameINSTACOM GROUP BERHAD (ACE Market) 
Stock Name INSTACO  
Date Announced18 Nov 2014  
CategoryGeneral Announcement
Reference NoMI-141118-46484

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 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")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals.

We refer to our earlier announcements dated 2 October 2014 and 30 October 2014.

On behalf of the Board of Directors of Instacom, RHB Investment Bank Berhad ("RHBIB") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 14 November 2014 (which was received on late 17 November 2014), resolved to approve the following:-

i. Admission to the Official List and listing and quotation of up to 210,676,278 Warrants C to be issued pursuant to the Proposed Bonus Issue of Warrants;

ii. Listing of up 210,676,278 new Instacom shares arising from the exercise of the Warrants C; and

iii. Listing of 309,473,684 new Instacom Shares to be issued pursuant to the Proposed Acquisition ("Consideration Shares").

The approval by Bursa Securities for the Consideration Shares and the Proposed Bonus Issue of Warrants is subject to the following conditions:-

i. Instacom and RHBIB must fully comply with the relevant provisions under the ACE Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Acquisition and the Proposed Bonus Issue of Warrants;

ii. Instacom and RHBIB to inform Bursa Securities upon completion of the Proposed Acquisition and the Proposed Bonus Issue of Warrants;

iii. Instacom to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Acquisition and the Proposed Bonus Issue of Warrants are completed; and

iv. Instacom is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of the Warrants as at the end of each quarter together with a detailed computation of listing fees payable.


This announcement is dated 18 November 2014.



TECFAST - OTHERS TECHFAST HOLDINGS BERHAD (“THB” OR “COMPANY”) PROPOSED ACQUISITION OF A 40% EQUITY INTEREST IN EACH OF THB’S 50%-OWNED ENTITIES, NAMELY CAPE TECHNOLOGY SDN BHD AND ORIEM TECHNOLOGY SDN BHD FOR A TOTAL CASH CONSIDERATION OF UP TO RM12,160,000.00 (“PROPOSED ACQUISITION”)

Announcement Type: General Announcement
Company NameTECHFAST HOLDINGS BERHAD (ACE Market) 
Stock Name TECFAST  
Date Announced18 Nov 2014  
CategoryGeneral Announcement
Reference NoMB-141020-57194

TypeAnnouncement
SubjectOTHERS
DescriptionTECHFAST HOLDINGS BERHAD (“THB” OR “COMPANY”)

PROPOSED ACQUISITION OF A 40% EQUITY INTEREST IN EACH OF THB’S 50%-OWNED ENTITIES, NAMELY CAPE TECHNOLOGY SDN BHD AND ORIEM TECHNOLOGY SDN BHD FOR A TOTAL CASH CONSIDERATION OF UP TO RM12,160,000.00 (“PROPOSED ACQUISITION”)

This announcement is dated 18 November 2014.

Reference is made to the Company’s announcements dated 18 August 2014, 20 August 2014 and 2 September 2014 (“Earlier Announcements”) and the circular to shareholders dated 1 October 2014 (“Circular”). Unless otherwise stated, defined terms in this announcement shall carry the same respective meanings as defined in the Earlier Announcements and Circular.

On behalf of the Board of Directors of THB (“Board”), AmInvestment Bank Berhad wishes to announce that the Proposed Acquisition has been completed on 17 November 2014.



TEXCYCL - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameTEX CYCLE TECHNOLOGY (M) BERHAD (ACE Market) 
Stock Name TEXCYCL  
Date Announced18 Nov 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-141118-125F3

Date of buy back18/11/2014
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 ($$)0.630
Maximum price paid for each share purchased ($$)0.630
Total consideration paid ($$)18,900.00
Number of shares purchased retained in treasury (units)30,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)1,499,380
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 (%)0.89


XINGHE - Changes in Director's Interest (S135) - Ng Min Lin

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameXINGHE HOLDINGS BERHAD (ACE Market) 
Stock Name XINGHE  
Date Announced18 Nov 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-141117-13C3B

Information Compiled By KLSE

Regularisation SponsorAmInvestment Bank Bhd
SponsorMercury Securities Sdn Bhd

Particulars of Director

NameNg Min Lin
AddressA-18-4, Vista Kiara
7, Jalan Kiara 3
Mont Kiara
50480 Kuala Lumpur
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
17/11/2014
400,000
0.078 

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

Total no of securities after change

Direct (units)35,214,700 
Direct (%)1.5 
Indirect/deemed interest (units)3,437,200 
Indirect/deemed interest (%)0.15 
Date of notice18/11/2014

Remarks :
AmInvestment Bank Berhad and Mercury Securities Sdn Bhd are the joint sponsors to XingHe Holdings Berhad.

Direct Holding:-
- Amsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 284,500 shares
- Amsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 209,700 shares
- JF Apex Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin (STA 1) - 9,500 shares
- Mercsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 10,000,000 shares
- Maybank Securities Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 14,711,000 shares
- Mercsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin (NAF231) - 10,000,000 shares

Indirect Holding:-
- Elite Lion Sdn. Bhd. - 3,437,200 shares


XINGHE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameXINGHE HOLDINGS BERHAD (ACE Market) 
Stock Name XINGHE  
Date Announced18 Nov 2014  
CategoryGeneral Announcement
Reference NoCC-141117-13C0C

Regularisation SponsorAmInvestment Bank Bhd
SponsorMercury Securities Sdn Bhd
TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionAmInvestment Bank Berhad and Mercury Securities Sdn Bhd are the joint sponsors to XingHe Holdings Berhad (fka: Key West Global Telecommunications Berhad)("the Company").

We wish to announce that Mr Ng Min Lin, a director of XingHe Holdings Berhad has acquired 400,000 shares of the Company during the closed period pursuant to Rule 14.08(d) of Bursa Malaysia Securities Berhad's ACE Market Listing Requirements on Dealings in Listed Securities. The details are set out as below:

Type of Securities

Date of Acquisition

Price transacted per securities

No. of securities acquired or disposed

% of securities acquired or disposed

Ordinary Shares

Direct Interest


 

17 November 2014

 

RM0.078


 

400,000


 

0.017%





ESCERAM - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameES CERAMICS TECHNOLOGY BHD (ACE Market) 
Stock Name ESCERAM  
Date Announced18 Nov 2014  
CategoryGeneral Meetings
Reference NoCA-141020-56187

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting18/11/2014
Time10:00 AM
VenueGreens II, Tropicana Golf & Country Resort
Jalan Kelab Tropicana
Off Jalan Tropicana Utama
47410 Petaling Jaya
Selangor Darul Ehsan
Outcome of Meeting

The Directors of ES Ceramics Technology Berhad ("Company") wish to announce that the shareholders of the Company have at the Eleventh Annual General Meeting ("11th AGM") held this morning passed all the resolutions set out in the Notice of the 11th AGM dated 24 October 2014 by way of a show of hands.



TMCLIFE - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameTMC LIFE SCIENCES BERHAD  
Stock Name TMCLIFE  
Date Announced18 Nov 2014  
CategoryPDF Submission
Reference NoCA-141118-32182

SubjectNotice to Holders of Warrants 2011/2014 in relation to the expiry and last date for the exercise of the Warrants 2011/2014


TMCLIFE-WA - Expiry/Maturity of the securities

Announcement Type: Expiry / Maturity / Termination of Securities
Company NameTMC LIFE SCIENCES BERHAD  
Stock Name TMCLIFE-WA  
Date Announced18 Nov 2014  
CategoryExpiry / Maturity / Termination of Securities
Reference NoCA-141114-33638

Type of SecuritiesWarrants
Type of ExpiryExpiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion PriceTendering of securities
Exercise/Strike/Conversion PriceMYR 0.4000
Exercise/ Conversion Ratio1:1
Settlement Type/ Convertible intoPhysical (Shares)
Last Date & Time for Trading04/12/2014 05:00 PM
Date & Time of Suspension 05/12/2014 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c15/12/2014 04:00 PM
Date & Time of Expiry22/12/2014 05:00 PM
Date & Time of Delisting 23/12/2014 09:00 AM


N2N - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced18 Nov 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-141118-331DE

Date of buy back18/11/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)90,000
Minimum price paid for each share purchased ($$)0.845
Maximum price paid for each share purchased ($$)0.850
Total consideration paid ($$)76,150.00
Number of shares purchased retained in treasury (units)90,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)5,506,600
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 (%)1.2524


FOCUS - Notice of Interest Sub. S-hldr (29A) - ASIA BIOENERGY TECHNOLOGIES BERHAD

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameFOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) 
Stock Name FOCUS  
Date Announced18 Nov 2014  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoCC-141118-CAE30

Particulars of Substantial Securities Holder

NameASIA BIOENERGY TECHNOLOGIES BERHAD
AddressB-11-10 LEVEL 11, MEGAN AVENUE II, JALAN YAP KWAN SENG, 50450 KUALA LUMPUR.
NRIC/Passport No/Company No.774628-U
Nationality/Country of incorporationMALAYSIA
Descriptions (Class & nominal value)ORDINARY SHARE OF RM0.10 EACH
Name & address of registered holderASIABIO CAPITAL SDN. BHD. OF 13A08, LOBBY 2, BLOCK A, DAMANSARA INTAN, NO. 1 JALAN SS20/27, 47400 PETALING JAYA, SELANGOR.

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired14/11/2014
No of securities68,000,000
Circumstances by reason of which Securities Holder has interestDEEMED INTEREST THROUGH SUBSCRIBE PURSUANT TO RIGHTS ISSUE WITH WARRANTS BY ASIABIO CAPITAL SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ASIA BIOENERGY TECHNOLOGIES BERHAD.
Nature of interestINDIRECT INTEREST
Price Transacted ($$)

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)68,000,000 
Indirect/deemed interest (%)9.64 
Date of notice18/11/2014


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