March 21, 2014

Company announcements: CIMBA40, CIMBC25, DSONIC, WCT

CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoOB-140321-70612

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 21-Mar-2014
NAV per unit (RM): 1.6940
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: 10,447.26

Attachments

NAV Basket Asean 40.pdf
10 KB



CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 25  
Stock Name CIMBC25  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoOB-140321-70533

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 25
Date: 21-Mar-2014
NAV per unit (RM): 0.9033
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: 14,897.64

Attachments

NAV Basket China 25.pdf
25 KB



DSONIC - OTHERS DATASONIC GROUP BERHAD (“DATASONIC”) SUB-SERVICE PROVIDER AGREEMENT BETWEEN DATASONIC TECHNOLOGIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF DATASONIC, data edge limited AND iPEOPLE LIMITED

Announcement Type: General Announcement
Company NameDATASONIC GROUP BERHAD  
Stock Name DSONIC  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoDG-140321-60371

TypeAnnouncement
SubjectOTHERS
DescriptionDATASONIC GROUP BERHAD (“DATASONIC”)
SUB-SERVICE PROVIDER AGREEMENT BETWEEN DATASONIC TECHNOLOGIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF DATASONIC, data edge limited AND iPEOPLE LIMITED

The Board of Directors of Datasonic wishes to announce that Datasonic Technologies Sdn Bhd (“DTSB”) (Company No. 219626-X), a wholly-owned subsidiary of the Company, has on 21 March 2014, entered into a Sub-Service Provider Agreement with data edge limited (“del”) and iPeople Limited (“IPL”) (del and IPL shall be referred to collectively as the “Service Provider”) to cooperate with the Service Provider to set-up, operate and manage required infrastructure in connection with the setting up and implementation of the data collection and Machine Readable Passport delivery system for Bangladeshi Citizen within Malaysia (“DTSB Services”). Machine Readable Passport has to be provided to approximately 500,000 Bangladeshi expatriates through 8 registration centers to be set up in Malaysia.

Please refer to the attached file for the details of the announcement.

This announcement is dated 21 March 2014

 

 



WCT - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced21 Mar 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoWW-140321-2FB7E

Date of buy back21/03/2014
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)205,400
Minimum price paid for each share purchased ($$)2.110
Maximum price paid for each share purchased ($$)2.120
Total consideration paid ($$)434,219.12
Number of shares purchased retained in treasury (units)205,400
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)3,280,700
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 (%)0.3


Company announcements: PETGAS, AXIATA, PETONE, HIGH5, FURNWEB, GLOBALC, WCT

PETGAS - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePETRONAS GAS BERHAD  
Stock Name PETGAS  
Date Announced21 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoPG-140321-C1A99

Particulars of substantial Securities Holder

NameKUMPULAN WANG PERSARAAN (DIPERBADANKAN)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak,
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Share of RM1.00/share
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4, 5 & 6, Menara Yayasan Tun Razak,
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed18/03/2014
100,000
 

Circumstances by reason of which change has occurred1.Disposal of shares in open market by KWAP
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change104,787,300
Date of notice21/03/2014

Remarks :
Received Form 29B on 21 March 2014


AXIATA - OTHERS PROPOSED EXTENSION OF THE DURATION OF AXIATA GROUP BERHAD’S PERFORMANCE-BASED SHARE OPTION AND SHARE SCHEME

Announcement Type: General Announcement
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoMM-140321-57834

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED EXTENSION OF THE DURATION OF AXIATA GROUP BERHAD’S PERFORMANCE-BASED SHARE OPTION AND SHARE SCHEME

On behalf of the Board of Directors of Axiata Group Berhad (“Axiata”) (“Board”), CIMB Investment Bank Berhad wishes to announce that the Board had, on 20 March 2014, approved the proposed extension of the duration of Axiata’s performance-based share option and share scheme for another 2 years from 15 April 2017 to 15 April 2019 (“Proposed Extension”).

Please refer to the attachment for the full announcement in relation to the Proposed Extension.

This announcement is dated 21 March 2014.

Attachments

Proposed Extension.pdf
233 KB



AXIATA - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoMM-140321-63009

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionPROPOSED DIVIDEND REINVESTMENT SCHEME

On behalf of the Board of Directors of Axiata Group Berhad (“Axiata”) (“Board”), CIMB Investment Bank Berhad is pleased to announce that the Board had, on 20 March 2014, approved the proposed dividend reinvestment scheme that will provide shareholders of Axiata the option to elect to reinvest in whole or in part their cash dividend, which includes any interim, final, special or other cash dividend, in new ordinary share(s) of RM1.00 each in Axiata (“Proposed DRS”).

Please refer to the attachment for the full announcement in relation to the Proposed DRS.

This announcement is dated 21 March 2014.

Attachments

Proposed DRS.pdf
178 KB



PETONE - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NamePETROL ONE RESOURCES BERHAD  
Stock Name PETONE  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoCS-140320-61289

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionPETROL ONE RESOURCES BERHAD (“THE COMPANY” OR “PETONE”)
–WRIT OF SUMMONS (“WRIT OF SUMMONS”) AND STATEMENT OF CLAIM (“CLAIM”) FILED BY RHB INVESTMENT BANK BERHAD (“THE PLAINTIFF”) AGAINST ARUS DERMAGA SDN BHD (“ADSB” OR “1ST DEFENDANT”), A WHOLLY-OWNED SUBSIDIARY OF PETROL ONE HOLDINGS SDN. BHD., WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF PETONE, AHMAD AKMAL BIN HAMZAH (“2ND DEFENDANT”), LIM KIAN BOON (“3RD DEFENDANT”) AND PETONE (4TH DEFENDANT”) (1ST DEFENDANT, 2ND DEFENDANT, 3RD DEFENDANT AND 4TH DEFENDANT SHALL HEREINAFTER COLLECTIVELY REFERRED TO AS “THE DEFENDANTS”) – KUALA LUMPUR HIGH COURT CIVIL SUIT NO. 22NCC-1577-10/2012 (“HIGH COURT”)

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the previous announcements in relation to the Writ of Summons and Claim, as well as the announcement dated 27 August 2013 in relation to the Settlement Agreement.

Further to the Settlement Arrangement as detailed in the Company’s announcements dated 27 August 2013, 29 August 2013, 20 September 2013 and 26 December 2013, the Board of PETONE wishes to announce that PETONE had on 17 March 2014, submitted a letter to RHB Bank (which was received by RHB Bank on 20 March 2014), proposing and seeking a variation to the terms and conditions of the DSA ("the Variation") and as at 21 March 2014, the Company has yet to receive a formal reply from RHB Bank pertaining to the Variation.

Further developments of the above matter will be announced on Bursa Malaysia Securities Berhad in due course.

This announcement is dated 21 March 2014. 

 



HIGH5 - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameHIGH-5 CONGLOMERATE BERHAD  
Stock Name HIGH5  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140321-6F3B7

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionHIGH-5 CONGLOMERATE BERHAD (formerly known as SILVER BIRD GROUP BERHAD) (“the Company” or “High-5”)
- Acquisition of Unquoted Shares in Pastryville Holdings (M) Sdn Bhd (“Pastryville”)

Further to our announcement dated 20 March 2014, we would like to further clarify the following:

1. INTRODUCTION

The Group will be acquiring the three (3) related companies together with the acquisition of Pastryville Holdings Sdn Bhd (“Pastryville”). Subsequent to our announcement of 20 March 2014, we have received confirmation that these three (3) related companies have now been wholly acquired by Pastryville, and are presently wholly owned subsidiary companies.

2. SALIENT TERMS OF ACQUISTION

2.1 Details of the three (3) companies are as follow:

(a) Pastryville Retail (M) Sdn Bhd was incorporated on 21 January 2013, under the Companies Act, 1965, as a private limited company, and has an authorised share capital of RM100,000 comprising 100,000 ordinary shares of RM1 each, of which 100 ordinary shares of RM1.00 each have been issued and fully paid-up.

The directors of Pastryville Retail Sdn Bhd are Hoi Kong Fei, Poh Cheng Teng, David Song and Soh Swee Kim. The shareholder is Pastryville.

(b) Pastryville Concept (M) Sdn Bhd was incorporated on 9 May 2013, under the Companies Act, 1965, as a private limited company, and has an authorised share capital of RM100,000 comprising 100,000 ordinary shares of RM1 each, of which 2 ordinary shares of RM1.00 each have been issued and fully paid-up.

The directors of Pastryville Concept (M) Sdn Bhd are Hoi Kong Fei, Poh Cheng Teng and Soh Swee Kim. The shareholder is Pastryville.

(c) Pastryville Distribution (M) Sdn Bhd was incorporated on 21 January 2013, under the Companies Act, 1965, as a private limited company, and has an authorised share capital of RM100,000 comprising 100,000 ordinary shares of RM1 each, of which 2 ordinary shares of RM1.00 each have been issued and fully paid-up.

The directors of Pastryville Distribution (M) Sdn Bhd are Hoi Kong Fei, Poh Cheng Teng and Soh Swee Kim. The shareholder is Pastryville.

2.3 Justification and Basis of Arriving at the Purchase Price

The purchase price was arrived at a willing buyer and willing seller basis after negotiations between Pastryville and High-5 Conglomerate Berhad (“High-5”), in view of the synergies that High-5 will contribute towards the current operations of the Pastryville Group.

The intended year end of the Pastryville Group for the current financial year is 31 March 2014, however, after the Acquisition, the financial year end for the Pastryville Group will be aligned with the High-5 Group at 31 October.

3. EXPECTED GAIN/LOSS ARISING FROM THE TRANSACTION UPON ACQUISITION

As the purchase consideration is below the proforma consolidated net assets of the Pastryville Group, the Board expects that there will be a resulting gain, being the excess of the acquirer’s interest in the net fair value of the acquiree’s identifiable assets, liabilities and contingent liabilities, of RM137,150, to be recognised in profit or loss on the Acquisition, in accordance with Paragraph 34 of MFRS 3.

This announcement is dated 21 March 2014.



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

Announcement Type: General Announcement
Company NameFURNIWEB INDUSTRIAL PRODUCTS BERHAD  
Stock Name FURNWEB  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoMI-140321-66040

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionFURNIWEB INDUSTRIAL PRODUCTS BERHAD (“FIPB” OR THE “COMPANY”)

PROPOSED JOINT VENTURE WITH ALMAHARTA SDN BHD (“ASB”) IN CONNECTION WITH THE DEVELOPMENT OF A PARCEL OF LEASEHOLD LAND HELD UNDER PN 45266, LOT 141, SECTION 88, TOWN AND DISTRICT OF KUALA LUMPUR AND STATE OF WILAYAH PERSEKUTUAN KUALA LUMPUR, MEASURING APPROXIMATELY 15,924 SQUARE METRES (“DEVELOPMENT LAND”) INTO A RESIDENTIAL DEVELOPMENT (“PROPOSED JV”); AND

PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF FIPB AND ITS SUBSIDIARIES (“FIPB GROUP” OR “GROUP”) TO INCLUDE PROPERTY DEVELOPMENT (“PROPOSED DIVERSIFICATION”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
We refer to the announcement made in relation to the Proposals dated 31 December 2013 (“Announcement”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcement unless otherwise defined herein.
On behalf of the Board, KIBB is pleased to inform that PGSB, ASB and PDMSB (collectively referred to as the “Parties”) had, vide ASB’s letter dated 20 March 2014 (which was received by PGSB on 21 March 2014), agreed to extend the Condition Period until 31 May 2014.

The extension of time is to provide additional time for the Parties to fulfil the Conditions Precedent under the JVA, details of which are set out in the Announcement.

PGSB and ASB had also agreed to adopt the entire provision of Clause 10.1(a)(ii) of the SA “the Permitted Transferee undertakes all of the Shares of a Shareholder, the loans or guarantees made to or given on behalf of the Company by the Shareholder for the time being outstanding” to replace the existing provisions of clause 11.2(b) of the SA “the Proposing Transferee undertakes all or, in the case of a transfer of part of the Shares of a Shareholder, a proportionate part of the loans or guarantees made to or given on behalf of the Company by the Shareholder and for the time being outstanding”.

Save as stated above, all the terms and conditions of the JVA and SA shall continue to apply and to have full force and effect.

This announcement is dated 21 March 2014.


GLOBALC - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN

Announcement Type: General Announcement
Company NameGLOBAL CARRIERS BERHAD  
Stock Name GLOBALC  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoOS-140321-63501

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
DescriptionGLOBAL CARRIERS BERHAD ("GCB" OR THE "COMPANY")

(A) PROPOSED BALANCE SHEET RECONSTRUCTION;
(B) PROPOSED RIGHTS ISSUE WITH WARRANTS;
(C) PROPOSED SETTLEMENT WITH SECURED CREDITORS OF GCB;
(D) PROPOSED DEBT TO EQUITY CONVERSION;
(E) PROPOSED SCHEME OF ARRANGEMENT WITH SCHEME CREDITORS;
(F) PROPOSED CAPITALISATION OF DEBT;
(G) PROPOSED EXEMPTION; AND
(H) PROPOSED AMENDMENT

(COLLECTIVELY REFERRED TO AS THE “PROPOSED REGULARISATION SCHEME”)

On behalf of the Board of Directors of the Company, M&A Securities Sdn Bhd is pleased to announce that the Company is proposing to undertake the Proposed Regularisation Scheme.


Further details of the Proposed Regularisation Scheme are disclosed in the attachment herein.


This announcement is dated 21 March 2014.



GLOBALC - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameGLOBAL CARRIERS BERHAD  
Stock Name GLOBALC  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140321-61509

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionGLOBAL CARRIERS BHD (“GCB” or “the Company”)
WINDING-UP PETITION UNDER SECTION 218(1)(e) OF THE COMPANIES ACT, 1965

The Board of Directors of the Company wishes to announce that on 20 March 2013, a Winding-Up Petition pursuant to Section 218(1)(e) of the Companies Act, 1965 together with a copy of the Affidavit Verifying Petition ("the said Winding-Up Petition") has been served to GCP Tower Sdn. Bhd. the wholly-subsidiary of the Company (“GCP Tower”) by Messrs Ong Kok Bin & Co, the Solicitors who act on behalf of Plaza Pekeliling Management Corporation (“PPMC”) demanding the payment of the total outstanding sum owing by GCP Tower to PPMC amounting to RM1,076,650.00 (The sealed Winding-Up Petition was only received by the GCP Tower on 21 March 2014). The said Winding-Up Petition was served after the issue of the Statutory Demand on GCP Tower pursuant to Section 218 of the Companies Act, 1965 for payment of a debt by Messrs. Ong Kok Bin & Co. on behalf of PPMC on 16 January 2014 pursuant to a Consent Judgment dated 12 December 2012.

The sum as at 12 December 2012 due on the Consent Judgment was RM1,076,650.00.

The court has fixed the said Petition for case management on 7 April 2014 at 10.00 a.m. and for hearing on 9 May 2014 at 9.00 a.m. at the High Court, Kuala Lumpur.

The Company wishes to announce that it will vigorously defend these proceedings and will contest any winding up proceedings that may be initiated.

The Company is seeking the necessary legal advice to resolve and/or defend against this matter.

Further announcement on the developments of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 21 March 2014.

 



WCT - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced21 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-140321-5E01D

Particulars of substantial Securities Holder

NameLembaga Tabung Haji
Address201, Jalan Tun Razak, Peti Surat 11025, 50732 Kuala Lumpur
NRIC/Passport No/Company No.ACT 5351995
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderLembaga Tabung Haji (98,937,405 Shares)
AmIslamic Fund Management Sdn Bhd (1,530,285 Shares)
Asian Islamic Investment Management Sdn Bhd (711,650 Shares)
CIMB-Principal Asset Management Berhad (479,400 Shares)
Kenanga Investors Berhad (403,200 Shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/03/2014
316,600
 
Acquired20/03/2014
32,000
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Direct (units)102,061,940 
Direct (%)9.37 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change102,061,940
Date of notice21/03/2014

Remarks :
Form 29B dated 20 March 2014 was received on 21 March 2014.


WCT - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced21 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-140321-E5C7F

Particulars of substantial Securities Holder

NameAmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera
AddressTingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur
NRIC/Passport No/Company No.766894-T
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderAmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera (65,700,000 Shares)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired18/03/2014
700,000
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Direct (units)65,700,000 
Direct (%)6.03 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change65,700,000
Date of notice21/03/2014

Remarks :
Form 29B dated 18 March 2014 was received on 21 March 2014.


Company announcements: SYMPHNY, IDEAL, XOX, MYETFID, HYTEXIN

SYMPHNY - SUSPENSION OF SECURITIES

Announcement Type: General Announcement
Company NameSYMPHONY HOUSE BHD  
Stock Name SYMPHNY  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoMM-140321-64064

TypeAnnouncement
SubjectSUSPENSION OF SECURITIES
DescriptionSYMPHONY HOUSE BHD (“SYMPHONY” OR THE “COMPANY”)
REQUEST FOR SUSPENSION OF TRADING

On behalf of Symphony, CIMB Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the request for suspension for the trading of Symphony’s securities with effect from 9.00 a.m. on Monday, 24 March 2014 to 5.00 p.m. on Wednesday, 26 March 2014.

The request for suspension is made under subparagraph 3.1(a)(i) and 3.1(a)(ii) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) in view that Symphony intends to make a material announcement on a very substantial transaction as defined in Chapter 10 of the Listing Requirements resulting in a significant change in the business direction or policy of the Company.

(This announcement is dated 21 March 2014)



IDEAL - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced21 Mar 2014  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoOS-140319-60827

Title / DescriptionRENOUNCEABLE RIGHTS ISSUE OF 94,003,200 NEW ORDINARY SHARES OF RM0.10 EACH IN IDEAL SUN CITY HOLDINGS BERHAD ("IDEAL") (“RIGHTS SHARES”) TOGETHER WITH 47,001,600 FREE DETACHABLE WARRANTS (“RIGHTS WARRANTS”) AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ON THE BASIS OF FOUR (4) RIGHTS SHARES FOR EVERY ONE (1) IDEAL SHARE TOGETHER WITH ONE (1) RIGHTS WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED ON 7 APRIL 2014 ("RIGHTS ISSUE WITH WARRANTS")
Despatch Date09/04/2014
Date for commencement of trading of the rights08/04/2014
Date for despatch of abridged prospectus and subscription forms09/04/2014
Date for cessation of trading of the rights15/04/2014
Date for announcement of final subscription result and basis of allotment of excess Rights Securities28/04/2014
Listing date of the Rights Securities08/05/2014

Last date and time forDateTime
Sale of provisional allotment of rights14/04/2014
at
05:00:00 PM
Transfer of provisional allotment of rights17/04/2014
at
04:00:00 PM
Acceptance and payment22/04/2014
at
05:00:00 PM
Excess share application and payment22/04/2014
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class:
Yes 
Other important dates as the listed issuer may deem appropriate:
The last date and time for acceptance and payment as well as the last date and time for excess application and payment may
be extended as the Board of Directors of IDEAL may decide and announce not less than 2 market days before the stipulated
date and time.

This announcement is dated 21 March 2014. 


IDEAL - Others

Announcement Type: Entitlements (Notice of Book Closure)
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced21 Mar 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-140319-344D4

EX-date03/04/2014
Entitlement date07/04/2014
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionCONSOLIDATION OF THE ISSUED AND PAID-UP SHARE CAPITAL OF IDEAL, SUCH THAT EVERY TEN (10) ORDINARY SHARES OF RM0.01 EACH SHALL BE CONSOLIDATED BACK INTO ONE (1) IDEAL SHARE (“SHARE CONSOLIDATION”)
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd

Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Telephone number: 03-2264 3883
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers07/04/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorRatio
Ratio 1 : 10
Rights Issues/Offer Price 0.1

Remarks :
The shareholders of IDEAL whose names appear on the Record of Depositors at the close of business at 5.00 p.m. on 7 April 2014 shall be subjected to the Share Consolidation.

Trading of the ordinary shares of RM0.10 in IDEAL will be suspended with effect from 9.00 a.m. on 2 April 2014 up to and including 7 April 2014.

This announcement is dated 21 March 2014.


IDEAL - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced21 Mar 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-140319-61860

EX-date03/04/2014
Entitlement date07/04/2014
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF 94,003,200 NEW ORDINARY SHARES OF RM0.10 EACH IN IDEAL SUN CITY HOLDINGS BERHAD ("IDEAL") (“RIGHTS SHARES”) TOGETHER WITH 47,001,600 FREE DETACHABLE WARRANTS (“RIGHTS WARRANTS”) AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ON THE BASIS OF FOUR (4) RIGHTS SHARES FOR EVERY ONE (1) IDEAL SHARE TOGETHER WITH ONE (1) RIGHTS WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED ON 7 APRIL 2014 ("RIGHTS ISSUE WITH WARRANTS")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd

Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Telephone number: 03-2264 3883
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers07/04/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)94003200 
Entitlement indicatorRatio
Ratio 4 : 1
Rights Issues/Offer Price 0.1

Remarks :
Shareholders' approval for the Rights Issue with Warrants was obtained on 13 November 2013.

The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as “Documents”) in relation to the Rights Issue with Warrants will be despatched on 9 April 2014 to the entitled shareholders of IDEAL whose names appear on the Record of Depositors of IDEAL on 7 April 2014.

The Documents will not be registered under any legislation of any foreign jurisdiction, and the Rights Issue with Warrants will not be made or offered in any foreign jurisdiction. Accordingly, the Documents will not be sent to foreign entitled shareholders of IDEAL:

(i) who do not have a registered address in Malaysia in the Record of Depositors; or

(ii) who have not provided the Share Registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 7 April 2014, being the entitlement date for the Rights Issue with Warrants.

This announcement is dated 21 March 2014.


IDEAL - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced21 Mar 2014  
CategoryPDF Submission
Reference NoOS-140321-68188

Regularisation SponsorM&A Securities Sdn Bhd
SubjectINFORMATION CIRCULAR TO SHAREHOLDERS

IN RELATION TO THE

(I) CONSOLIDATION OF THE ISSUED AND PAID-UP SHARE CAPITAL OF IDEAL, SUCH THAT EVERY TEN (10) ORDINARY SHARES OF RM0.01 EACH SHALL BE CONSOLIDATED BACK INTO ONE (1) IDEAL SHARE (“SHARE CONSOLIDATION”);

(II) RENOUNCEABLE RIGHTS ISSUE OF 94,003,200 NEW IDEAL SHARES (“RIGHTS SHARES”) TOGETHER WITH 47,001,600 FREE DETACHABLE WARRANTS (“RIGHTS WARRANTS”) AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF FOUR (4) RIGHTS SHARES FOR EVERY ONE (1) IDEAL SHARE HELD TOGETHER WITH ONE (1) RIGHTS WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED AFTER THE SHARE CONSOLIDATION (“RIGHTS ISSUE WITH WARRANTS”); AND

(III) CLOSURE OF BOOKS TO DETERMINE THE SHAREHOLDERS WHOSE SHAREHOLDINGS WILL BE SUBJECTED/ENTITLED TO THE SHARE CONSOLIDATION AND RIGHTS ISSUE WITH WARRANT

Attachments

IDEAL - Info Circular.pdf
790 KB






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

Announcement Type: General Announcement
Company NameXOX BHD (ACE Market) 
Stock Name XOX  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140321-60023

Admission SponsorAmInvestment Bank Bhd
SponsorM&A Securities Sdn Bhd
TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionXOX BHD ("XOX" or "THE COMPANY")
- Joint Venture Term Sheet

Attachments

XOX-JVTS.pdf
30 KB



MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoMM-140321-68028

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 21-03-2014
Fund: MYETFID
NAV per unit (RM): 1.0091
Units in Circulation (units): 20,000,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.045
License Fee (%p.a): 0.06
MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,355.25

 



MYETFID - OTHERS Press Release MyETF MSCI MALAYSIA ISLAMIC DIVIDEND listed on Bursa today

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoMM-140321-68210

TypeAnnouncement
SubjectOTHERS
DescriptionPress Release

MyETF MSCI MALAYSIA ISLAMIC DIVIDEND listed on Bursa today

 

Press Release

 

MyETF MSCI MALAYSIA ISLAMIC DIVIDEND listed on Bursa today

 

KUALA LUMPUR, 21 March 2014 – Malaysia’s second Shariah-compliant Exchange Traded Fund (“ETF”), MyETF MSCI Malaysia Islamic Dividend (“MyETF-MMID” or “Fund”), was successfully listed on Bursa Securities today. The Fund, which is managed by i-VCAP Management Sdn Bhd (“i-VCAP”), was launched on 27 February 2014 and is the country’s first ETF launched this year.

 

The MyETF-MMID is an open-ended fund with an approved fund size of 500 million units. The Fund carries the objective of tracking the MSCI Malaysia IMI Islamic High Dividend Yield 10/40 Index which comprise of Malaysia’s shariah compliant dividend yielding stocks listed on Bursa Securities. The underlying securities and Net Asset Value are disclosed daily to investors via Bursa Securities and the MyETF Series’ website.

 

i-VCAP CEO, Mahdzir Bin Othman, highlighted that with the listing, investors will have the convenience to trade the Fund on Bursa Securities, just like stocks. He added, “Even though MyETF-MMID can be traded like stocks, its price movement is similar to a collective investment scheme or unit trust. The benefits for investors when they trade an ETF however is that they will never have to incur any front-load or sales charges which are much higher than exchange trading charges. Given the cost efficiency, transparent and yet simple and easy to understand, ETFs definitely provide an investment option for investors.

 

He acknowledges that the awareness and education on ETFs should be a continuous effort, as the product is still at an infancy stage in Malaysia. Meanwhile, i-VCAP also plans to rollout more ETFs on Bursa Securities as this will help to create greater depth and variety for medium to long term retail and institutional as well as to further develop the local ETF market.

 

Pursuant to the closing of the subscription period on 12 March 2014, a total of 20 million units of MyETF-MMID have been created and subscribed by retail and institutional investors. “This reflects that there is interest by investors in the product, especially since that this is the first ETF listed since 2010.”

 

MyETF-MMID opened at RM1.015 on its trading debut, a slight premium to its NAV of RM1.0033 and the initial issue price of RM1.00 per unit. The Fund closed at RM1.00 with 451,000 total units traded on its opening day. Mahdzir highlighted that investors should not expect short term volatility on the price performance of an ETF as it is structured similar to a unit trust.

 

 

 

 

 

About i-VCAP Management Sdn Bhd

 

Incorporated on 25 October 2007, i-VCAP’s principal business activity is to provide Shariah-compliant investment products and management services that meet clients’ specific requirements. The Company currently manages ETFs, Wholesale Funds and Private Mandate with total assets under management amount to RM1.03 bn. As at 31 December 2013, the Company’s shareholders’ funds stood at RM24.7mil. The company’s flagship fund – MyETF-DJIM25 is the first Shariah exchange traded fund in Asia and the 2nd largest Shariah ETF in the world to date (NAV: RM289 mil). Please visit our website www.myetf.com.my for more information.

 

 

 

 

 

-ends-

 

 

 

 

 

Released by i-VCAP Management Sdn. Bhd.

 

 

 

Contact:

 

Farhana Alhabshi (farhana@ivcap.com.my)

 

Business Development

 

Tel: 03 2093 7119 ext 197; Fax: 03 2094 7119

 

 

 

To arrange for an interview, please contact: 

 

 

 

Joshua Rayan

Tel: 012 3688042

Email: josh@wordswizards.com

Jade Wong

Tel: (+6) 012-219 5289

Email: jade@mustardtee.com.my

Sally Yeow

Tel: 017 374 0056/ 012 219 5767

Email: sally@mustardtree.com.my / sallyyeow@gmail.com 

 

 

 

 

 

 



HYTEXIN - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoCS-140321-65200

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionHYTEX INTEGRATED BERHAD ("HIB" OR "THE COMPANY")
- WINDING-UP PETITION BY UNITED OVERSEAS BANK (MALAYSIA) BERHAD ("PETITIONER") SERVED ON HYTEX APPARELS SDN BHD (“WINDING-UP PETITION”

In the High Court of Malaya at Kuala Lumpur Commercial Division (Companies (Winding Up) No: 28NCC-886-10/2013)

 

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 16 October 2013 in relation to the Winding-Up Petition.

Further to the Company’s announcements made on 16 October 2013, 22 October 2013, 15 November 2013, 21 November 2013, 10 December 2013, 17 December 2013, 23 December 2013 and 20 March 2014 and the Company’s announcements made on 23 December 2013 and 20 March 2014 in respect of the Restraining Order, the Board of Directors of the Company wishes to announce that on 20 March 2014, HSBC Bank Malaysia (“HSBC”) has submitted a Notice of Intention to appear on the hearing of the Winding-Up Petition to be heard on 20 March 2014 (of which has been postponed to 31 March 2014 as disclosed in the announcement dated 20 March 2014) and to support the Winding-Up Petition.

 

HSBC is a creditor of the Company for the sum of RM4,002,105-07 as at 9 January 2013 together with further interest as follows:-

 

(a) interest on the sum of RM3,376,081-45 at the Base Lending Rate which as at 10 January 2013 is 6.60% per annum (and such Base Lending rate as may be determined by the Bank from time to time) + 1.75% per annum on monthly rest from 10 January 2013 until the date of full settlement; and

 

(b) additional interest of 1.00% per annum on the sum of RM3,376,081-45 on monthly rest from 10 January 2013 until the date of full settlement.

 

This announcement is dated 21 March 2014.

 



HYTEXIN - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoCS-140321-64504

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionHYTEX INTEGRATED BERHAD ("HIB" OR "THE COMPANY")
- WINDING-UP PETITION BY UNITED OVERSEAS BANK (MALAYSIA) BERHAD ("PETITIONER") SERVED ON HIB (“WINDING-UP PETITION”

In the High Court of Malaya at Kuala Lumpur Commercial Division (Companies (Winding Up) No: 28NCC-884-10/2013)

 

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 16 October 2013 in relation to the Winding-Up Petition.

Further to the Company’s announcements made on 16 October 2013, 22 October 2013, 15 November 2013, 21 November 2013, 10 December 2013, 17 December 2013, 23 December 2013 and 20 March 2014 and the Company’s announcements made on 23 December 2013 and 20 March 2014 in respect of the Restraining Order, the Board of Directors of the Company wishes to announce that on 20 March 2014, HSBC Bank Malaysia (“HSBC”) has submitted a Notice of Intention to appear on the hearing of the Winding-Up Petition to be heard on 20 March 2014 (of which has been postponed to 31 March 2014 as disclosed in the announcement dated 20 March 2014) and to support the Winding-Up Petition.

 

HSBC is a creditor of the Company for the sum of RM4,002,105-07 as at 9 January 2013 together with further interest as follows:-

 

(a) interest on the sum of RM3,376,081-45 at the Base Lending Rate which as at 10 January 2013 is 6.60% per annum (and such Base Lending rate as may be determined by the Bank from time to time) + 1.75% per annum on monthly rest from 10 January 2013 until the date of full settlement; and

 

(b) additional interest of 1.00% per annum on the sum of RM3,376,081-45 on monthly rest from 10 January 2013 until the date of full settlement.

 

This announcement is dated 21 March 2014.