December 24, 2014

Company announcements: GRANFLO, N2N, MICROLN, KGB

GRANFLO - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameGRAND-FLO BERHAD  
Stock Name GRANFLO  
Date Announced24 Dec 2014  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCM-141222-F7369

Date of buy back from12/12/2014
Date of buy back to19/12/2014
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)192,000
Minimum price paid for each share purchased ($$)0.255
Maximum price paid for each share purchased ($$)0.300
Total amount paid for shares purchased ($$)53,179.94
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)192,000
Total number of shares retained in treasury (units)1,240,800
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished
Date lodged with registrar of companies24/12/2014
Lodged by Cospec Management Services Sdn. Bhd.

GRANFLO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameGRAND-FLO BERHAD  
Stock Name GRANFLO  
Date Announced24 Dec 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-141224-364BB

Date of buy back24/12/2014
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)70,000
Minimum price paid for each share purchased ($$)0.280
Maximum price paid for each share purchased ($$)0.290
Total consideration paid ($$)20,150.20
Number of shares purchased retained in treasury (units)70,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)1,380,800
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 (%)0.376

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 Announced24 Dec 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-141224-30652

Date of buy back24/12/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)160,000
Minimum price paid for each share purchased ($$)0.840
Maximum price paid for each share purchased ($$)0.840
Total consideration paid ($$)134,400.00
Number of shares purchased retained in treasury (units)160,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)7,063,500
Adjusted issued capital after cancellation
(no. of shares) (units)		0 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)1.6065

MICROLN - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced24 Dec 2014  
CategoryGeneral Announcement
Reference NoMI-141224-52418

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionMICROLINK SOLUTIONS BERHAD ("MICROLINK" OR THE "COMPANY")

PROPOSED ACQUISITIONS

We refer to the announcements dated 3 April 2014, 12 June 2014, 18 August 2014, 17 October 2014 and 28 November 2014 in relation to the Proposed Acquisitions (“Announcements”).

All abbreviations and definitions used herein shall have the same meanings as the words and expressions defined in the Announcements, except where the context otherwise requires or where otherwise defined herein.

On behalf of the Board, Kenanga wishes to announce that in accordance with the SSA, the Final Purchase Consideration for the Proposed Acquisitions has been reduced from RM50.0 million to RM43.193 million, and determined as follows:-

Final Purchase Consideration 1

RM

Total Cash Consideration 2

RM

Consideration RPS 3

RM

43,193,044

8,000,000

35,193,044

Notes:-

  1. The Final Purchase Consideration has been reduced to RM43.193 million due to the reduction in the Consideration RPS, as explained in note 3 below.
  2. No adjustment to the total Cash Consideration of RM8 million, which also include RM1.5 million as earnest deposit and RM3.5 million that has been paid on the date of the SSA. The Additional Cash Consideration of RM3.0 million has already been paid.
  3. The Consideration RPS has been duly adjusted to RM35.193 million based on the audited Completion Accounts of the Target Companies as at 31 October 2014 in accordance with the terms and conditions of the SSA.

The Consideration RPS has been issued on 24 December 2014, being within thirty (30) days from the Completion Date on 28 November 2014.

This announcement is dated 24 December 2014.


KGB - Changes in Director's Interest (S135) - Ong Weng Leong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameKELINGTON GROUP BERHAD  
Stock Name KGB  
Date Announced24 Dec 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-141222-9188D

Information Compiled By KLSE

Particulars of Director

NameOng Weng Leong
Address26, Jalan SS2/69
47300 Petaling Jaya
Selangor Darul Ehsan
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
19/12/2014
33,000
 
Acquired
22/12/2014
10,000
 
Acquired
23/12/2014
10,000
 

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

Total no of securities after change

Direct (units)778,666 
Direct (%)0.36 
Indirect/deemed interest (units)100,299,290 
Indirect/deemed interest (%)46.49 
Date of notice24/12/2014

Remarks :
Deemed interested under Section 6A of the Companies Act, 1965 by virtue of his direct interest in Palace Star Sdn. Bhd.

The above announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

KGB - Changes in Director's Interest (S135) - Gan Hung Keng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameKELINGTON GROUP BERHAD  
Stock Name KGB  
Date Announced24 Dec 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-141222-918A3

Information Compiled By KLSE

Particulars of Director

NameGan Hung Keng
Address38 Jalan BK 6A/2, Bandar Kinrara
47180 Puchong
Selangor Darul Ehsan
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
19/12/2014
33,000
 
Acquired
22/12/2014
10,000
 
Acquired
23/12/2014
10,000
 

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

Total no of securities after change

Direct (units)778,666 
Direct (%)0.36 
Indirect/deemed interest (units)100,299,290 
Indirect/deemed interest (%)46.49 
Date of notice24/12/2014

Remarks :
Deemed interested under Section 6A of the Companies Act, 1965 by virtue of his direct interest in Palace Star Sdn. Bhd.

The above announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

KGB - Changes in Sub. S-hldr's Int. (29B) - Gan Hung Keng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKELINGTON GROUP BERHAD  
Stock Name KGB  
Date Announced24 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-141222-918A6

Particulars of substantial Securities Holder

NameGan Hung Keng
Address38 Jalan BK 6A/2, Bandar Kinrara
47180 Puchong
Selangor Darul Ehsan
NRIC/Passport No/Company No.640223-06-5385
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderPalace Star Sdn. Bhd.
3, Jalan Astaka U8/83
Seksyen U8, Bukit Jelutong Industrial Park
40150 Shah Alam
Selangor Darul Ehsan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/12/2014
33,000
 
Acquired22/12/2014
10,000
 
Acquired23/12/2014
10,000
 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestIndirect Interest
Direct (units)778,666 
Direct (%)0.36 
Indirect/deemed interest (units)100,299,290 
Indirect/deemed interest (%)46.49 
Total no of securities after change101,077,956
Date of notice24/12/2014

Remarks :
Deemed interested under Section 6A of the Companies Act, 1965 by virtue of his direct interest in Palace Star Sdn. Bhd.

KGB - Changes in Sub. S-hldr's Int. (29B) - Cham Teck Kuang

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKELINGTON GROUP BERHAD  
Stock Name KGB  
Date Announced24 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-141222-918C9

Particulars of substantial Securities Holder

NameCham Teck Kuang
Address66 Toh Tuck Road
#06-11 Singapore 596730
NRIC/Passport No/Company No.E1398346N
Nationality/Country of incorporationSingaporean
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderPalace Star Sdn. Bhd.
3, Jalan Astaka U8/83
Seksyen U8
Bukit Jelutong Industrial Park
40150 Shah Alam
Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/12/2014
33,000
 
Acquired22/12/2014
10,000
 
Acquired23/12/2014
10,000
 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestIndirect Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)100,299,290 
Indirect/deemed interest (%)46.49 
Total no of securities after change100,299,290
Date of notice24/12/2014

Remarks :
Deemed interested under Section 6A of the Companies Act, 1965 by virtue of his direct interest in Palace Star Sdn. Bhd.

KGB - Changes in Sub. S-hldr's Int. (29B) - Ong Weng Leong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKELINGTON GROUP BERHAD  
Stock Name KGB  
Date Announced24 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-141222-918C7

Particulars of substantial Securities Holder

NameOng Weng Leong
Address26 Jalan SS 2/69
47300 Petaling Jaya
Selangor Darul Ehsan
NRIC/Passport No/Company No.680715-08-5987
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderPalace Star Sdn. Bhd.
3, Jalan Astaka U8/83, Seksyen U8, Bukit Jelutong Industrial Park, 40150 Shah Alam, Selangor Darul Ehsan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/12/2014
33,000
 
Acquired22/12/2014
10,000
 
Acquired23/12/2014
10,000
 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestIndirect Interest
Direct (units)778,666 
Direct (%)0.36 
Indirect/deemed interest (units)100,299,290 
Indirect/deemed interest (%)46.49 
Total no of securities after change101,077,956
Date of notice24/12/2014

Remarks :
Deemed interested under Section 6A of the Companies Act, 1965 by virtue of his direct interest in Palace Star Sdn. Bhd.

KGB - Changes in Sub. S-hldr's Int. (29B) - Palace Star Sdn. Bhd.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameKELINGTON GROUP BERHAD  
Stock Name KGB  
Date Announced24 Dec 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-141222-918CA

Particulars of substantial Securities Holder

NamePalace Star Sdn. Bhd.
Address3, Jalan Astaka U8/83
Seksyen U8
Bukit Jelutong Industrial Park
40150 Shah Alam
Selangor Darul Ehsan
NRIC/Passport No/Company No.539910-V
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderPalace Star Sdn. Bhd.
3, Jalan Astaka U8/83
Seksyen U8
Bukit Jelutong Industrial Park
40150 Shah Alam
Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/12/2014
33,000
 
Acquired22/12/2014
10,000
 
Acquired23/12/2014
10,000
 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDirect Interest
Direct (units)100,299,290 
Direct (%)46.49 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change100,299,290
Date of notice24/12/2014

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