K1 - OTHERS K-One Technology Berhad - New Orders Secured for 2015
| Company Name | K-ONE TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | K1 |
| Date Announced | 25 Nov 2014 |
| Category | General Announcement |
| Reference No | CC-141124-61158 |
| Type | Announcement |
| Subject | OTHERS |
| Description | K-One Technology Berhad - New Orders Secured for 2015 |
1. Introduction | |
CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE ASEAN 40 MALAYSIA |
| Stock Name | CIMBA40 |
| Date Announced | 25 Nov 2014 |
| Category | General Announcement |
| Reference No | OB-141125-B2733 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE ASEAN 40 Malaysia Date: 25-Nov-2014 IOPV per unit (RM): 1.7673 Units in circulation (units): 1,350,000.00 Management Fee (% p.a.): 0.00 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.00 FTSE/ASEAN 40 Index: 11,103.47 |
CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE CHINA 50 |
| Stock Name | CIMBC50 |
| Date Announced | 25 Nov 2014 |
| Category | General Announcement |
| Reference No | OB-141125-B26FB |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE China 50 Date: 25-Nov-2014 IOPV per unit (RM): 1.0967 Units in circulation (units): 9,750,000.00 Management Fee (% p.a.): 0.60 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.04 FTSE/Xinhua China 25 Index: 17,453.27 |
HLFG - First Interim Dividend
| Company Name | HONG LEONG FINANCIAL GROUP BERHAD |
| Stock Name | HLFG |
| Date Announced | 25 Nov 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | HL-141124-8E56E |
| Remarks : |
| This announcement is dated 25 November 2014. |
HLFG - OTHERS FIRST INTERIM SINGLE TIER DIVIDEND OF 13 SEN PER SHARE
| Company Name | HONG LEONG FINANCIAL GROUP BERHAD |
| Stock Name | HLFG |
| Date Announced | 25 Nov 2014 |
| Category | General Announcement |
| Reference No | HL-141124-880F5 |
| Type | Announcement |
| Subject | OTHERS |
| Description | FIRST INTERIM SINGLE TIER DIVIDEND OF 13 SEN PER SHARE |
The Board of Directors of Hong Leong Financial Group Berhad is pleased to declare a first interim single tier dividend of 13 sen per share for the financial year ending 30 June 2015. This announcement is dated 25 November 2014. | |
F&N - Additional Listing Announcement
| Company Name | FRASER & NEAVE HOLDINGS BHD |
| Stock Name | F&N |
| Date Announced | 25 Nov 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | F&-141125-B943E |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | ESOS |
| Details of corporate proposal | ESOS |
| No. of shares issued under this corporate proposal | 2,000 |
| Issue price per share ($$) | MYR 14.520 |
| Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 366,097,801 |
| Currency | MYR 366,097,801.000 |
| Listing Date | 26/11/2014 |
HIAPTEK - GENERAL MEETINGS: NOTICE OF MEETING (Amended Announcement)
| Company Name | HIAP TECK VENTURE BERHAD |
| Stock Name | HIAPTEK |
| Date Announced | 25 Nov 2014 |
| Category | General Meetings |
| Reference No | CC-141125-1E5E9 |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | The amendment is by way of attachment of the Notice of the Eighteenth Annual General Meeting. |
| Date of Meeting | 17/12/2014 |
| Time | 02:30 PM |
| Venue | Setia City Convention Centre Function Room 8, 1st Floor No. 1, Jalan Setia Dagang AG U13/AG Setia Alam, Seksyen U13 40170 Shah Alam Selangor Darul Ehsan |
| Date of General Meeting Record of Depositors | 09/12/2014 |
PERWAJA - OTHERS PERWAJA HOLDINGS BERHAD (“PERWAJA” OR THE “COMPANY”) - CLARIFICATION ON AN ARTICLE PUBLISHED BY THE EDGE FOR THE WEEK OF NOVEMBER 24 TO NOVEMBER 30, 2014
| Company Name | PERWAJA HOLDINGS BERHAD |
| Stock Name | PERWAJA |
| Date Announced | 25 Nov 2014 |
| Category | General Announcement |
| Reference No | PH-141125-27188 |
| Type | Announcement |
| Subject | OTHERS |
| Description | PERWAJA HOLDINGS BERHAD (“PERWAJA” OR THE “COMPANY”) - CLARIFICATION ON AN ARTICLE PUBLISHED BY THE EDGE FOR THE WEEK OF NOVEMBER 24 TO NOVEMBER 30, 2014 |
We refer to the article titled “Perwaja creditors looking at big haircuts” published by The Edge for the week of November 24 to November 30, 2014. The Board of Directors (“Board”) of Perwaja wishes to clarify that the proposed regularisation plan outlined in the abovementioned article is merely a preliminary concept for discussion with the major lenders of Perwaja and is not finalised nor approved. After due enquiry, the Board is unaware of the source of such article. This announcement is dated 25 November 2014. | |
UOADEV - OTHERS UOA DEVELOPMENT BHD 3RD QUARTER 2014 RESULTS MEDIA RELEASE
| Company Name | UOA DEVELOPMENT BHD |
| Stock Name | UOADEV |
| Date Announced | 25 Nov 2014 |
| Category | General Announcement |
| Reference No | CC-141124-55871 |
| Type | Announcement |
| Subject | OTHERS |
| Description | UOA DEVELOPMENT BHD 3RD QUARTER 2014 RESULTS MEDIA RELEASE |
We provide herewith press release for UOA Development Bhd's 3rd Quarter 2014 financial results. | |
CSL - OTHERS China Stationery Limited ("CSL" or the "Company") – Clarification on the news article appearing in The Edge on 24 November 2014 entitled “The trouble with China Stationery”
| Company Name | CHINA STATIONERY LIMITED |
| Stock Name | CSL |
| Date Announced | 25 Nov 2014 |
| Category | General Announcement |
| Reference No | CK-141125-44123 |
| Type | Announcement |
| Subject | OTHERS |
| Description | China Stationery Limited ("CSL" or the "Company") – Clarification on the news article appearing in The Edge on 24 November 2014 entitled “The trouble with China Stationery” |
Reference is made to the news article appearing in The Edge on 24 November 2014 entitled, “The trouble with China Stationery”. CSL wishes to clarify on the following sentence which highlighted in bold and underline: 1. In reference to the above mentioned article – third paragraph Then, in April this year, the company suffered a fire at its 15,423 sq m plant in Fujian, China, during which 10,000 sq m was damaged. CSL said the fire has destroyed its administrative office, along with its financial records and legal stamps. The incident followed the stepping down of its previous auditors, Messrs Foo Kon Tan Grant Thornton LLP, in January 2014, with no reason given. Clarification by CSL: The Board of Directors of CSL had explained to its shareholders at the Special General Meeting held in conjunction with the proposed change of auditors on 10 January 2014 that the previous auditors, Messrs Foo Kon Tan Grant Thornton LLP (“GT”), resigned as the auditors of the Company as the Board couldn’t agree on the proposed new professional fee presented to them. On top of that, the engagement audit partner who in-charge of the Company’s audit with an extensive experience in auditing stationery companies or companies related to the stationery industry has retired from GT. The Board, having reviewed the fee and engagement proposal received from Messrs RT LLP and in consultation with the Audit Committee, had determined that the proposal from Messrs RT LLP is reasonable and cost effective. 2. In reference to the above mentioned article – thirteenth paragraph The company’s cash balance has also declined to RM910.83 million from RM1.27 billion at end-December 2013. It has used some RM362.84 million over the span of nine months, but on what? Clarification by CSL: The Company’s cash balance as at 30 September 2014 stood at RMB1.71 billion (equivalent to RM893.21 million) compared to RMB2.37 billion (equivalent to RM1.27 billion) reported in the financial year ended (“FYE”) 31 December 2013. The details are outlined in the Unaudited Condensed Consolidated Statement of Cash Flow. Please be mindful that the Company started the remedial works in the affected area caused by the fire on 26 July 2014, a day after the Police Investigation Report was issued. That was before the insurance comes in. Apart from that, at the same time, the Company had also compensate customers for not able to supply the products on time due to the fire incident. The services offered by the insurance company in the People’s Republic of China (“PRC”), do not cover for loss of business income applies to the loss suffered by the Company during the time required to repair or replace the damaged property. 3. In reference to the above mentioned article – sixteenth paragraph This begs the question why CSL has spent so much on capital expenditure (capex) amid such a sluggish outlook. Clarification by CSL: CSL has a total of 5 production plants located at PRC measuring approximately 50,000 square metres in total area of, of which the area of the plant gutted by the fire measuring approximately 10,000 square metres, constituting 20% of the total floor area. The production capacity of the affected plant represents 40% out of the total production capacity of all the plants of the Company for FYE 31 December 2013. Therefore, it is crucial for the Company to reinstate equipment destroyed by the fire in the affected area. In September 2014, the Company acquired 12 types of 135 units of equipment, costing approximately RMB284.97 million to replace those equipment destroyed by the fire. 4. In reference to the above mentioned article – seventeenth paragraph Another concern for shareholders would be that it has been more than seven months since the fire at CSL’s premises and yet it is still unable to make insurance claims for the loss of business income. Clarification by CSL: The Company had on 8 May 2014 announced that the services offered by the insurance company in PRC, would not cover for loss of business income applies to the loss suffered by the Company during the time required to repair or replace the damaged property. 5. In reference to the above mentioned article – twentieth paragraph But why have the police sealed off the premises, and why is it taking so many months to conclude the investigation? Clarification by CSL: To speed up the process, CSL had requested the authorities in PRC to issue the respective report on the fire incident in order for the auditors, Messrs RT LLP, to carry out their auditing work. This was mentioned in the Media Briefing in CSL’s office on 3 July 2014. The Company, however was told to be patient as it is a normal procedure taken by the authorities and do not hurry the police in carrying out their duties. 6. In reference to the above mentioned article – twenty-fourth paragraph Clearly, CSL has been running down its cash on capex and trade receivables over the past year. Is this trend that CSL plans on continuing? Clarification by CSL: Nope. The spending on capex was due to the acquisition of 12 types of 135 units of equipment, costing approximately RMB284.97 million mainly to replace the equipment destroyed by the fire. This announcement is dated 25 November 2014.
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