January 27, 2015

Company announcements: IRIS, RAYA, DGB, HHHCORP, KANGER, FBMKLCI-EA, CIMBA40, AMPROP, AMBANK

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

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced27 Jan 2015  
CategoryGeneral Announcement
Reference NoIC-150127-63273

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionEXECUTION OF A TEAMING AGREEMENT BETWEEN IRIS CORPORATION BHD (“THE COMPANY”) AND TECHNOLOGY PARK MALAYSIA CORPORATION SDN. BHD. (“TPM”) TO ESTABLISH A JOINT VENTURE FOR THE PROPOSED RESIDENTIAL DEVELOPMENT IN PHASE 3, TPM FOR AN ESTIMATED INVESTMENT SUM OF RINGGIT MALAYSIA ONE HUNDRED AND THIRTY MILLION.(RM130,000.000)

 

EXECUTION OF A TEAMING AGREEMENT BETWEEN IRIS CORPORATION BHD (“THE COMPANY”) AND TECHNOLOGY PARK MALAYSIA CORPORATION SDN. BHD. (“TPM”) TO ESTABLISH A JOINT VENTURE FOR THE PROPOSED RESIDENTIAL DEVELOPMENT IN PHASE 3, TPM FOR AN ESTIMATED INVESTMENT SUM OF RINGGIT MALAYSIA ONE HUNDRED AND THIRTY MILLION.(RM130,000.000)

 

The Board of Directors of IRIS Corporation Berhad (“the Company”) wishes to announce further additional information to the announcement made on 22nd January, 2015.

The Company wishes to clarify the following:

 

  1. The initial paid up capital of the SPV is expected to be One Hundred Thousand (RM100,000,00) and the eventual paid up capital has yet to be determined by the parties who are currently in discussions. The details of the SPV’s corporate details will be finalized and set out in the JVA.

     

  2. Notwithstanding that the proposed equity interest to be held by the parties is proportioned at the Company holding 51% and the remaining 49% by TPM, parties have further agreed that the profit sharing derived from the revenue generated by the SPV shall be shared on a 70/30 basis for the first phase of the Project ( six (6) months from the execution of the JVA until the settlement of the Project Financing also known as “ First Payment Period”). This is mainly because the Company will be providing substantial capital funding for the development of the initial phase of the Project. The ratio of the profit sharing after the first phase will be IRIS 50% : TPM 50 % .

     

  3. The proposed 51% equity shareholding of the Company in the SPV is to trigger it as a subsidiary to enable the Company to provide corporate guarantees if required to the SPV to secure banking facilities for the implementation of the Project.

    This announcement is made on 27th January, 2015.

 

 



RAYA - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameRAYA INTERNATIONAL BERHAD (ACE Market) 
Stock Name RAYA  
Date Announced27 Jan 2015  
CategoryChange in Audit Committee
Reference NoCS-150127-41601

Date of change27/01/2015
NameYEE CHEE SENG @ YEE YEN
Age75
NationalityMALAYSIAN
Type of changeAppointment
DesignationMember of Audit Committee
DirectorateNon Independent & Non Executive
QualificationsQualified as an Accountant in 1965 and a Fellow Member of the Chartered Institute of Management Accountants of United Kingdom ( U.K) 
Working experience and occupation Have worked as an Internal Auditor for 2 years and later acquired extensive experience in accounting and finance for 28 years in FELDA ( Federal Land Development Authority ) in which he held the senior positions of Financial Controller and Finance Director. He retired from FELDA in 1995 as the Deputy Director-General.

During the period of 2004-2005, he was a Board Director and Audit Committee Chairman of Prestar Resource Bhd, a listed company in Bursa Malaysia 
Directorship of public companies (if any)NONE 
Family relationship with any director and/or major shareholder of the listed issuerMR YEE CHEE SENG IS AN UNCLE TO MR TAN SENG HU, A DIRECTOR OF THE COMPANY 
Any conflict of interests that he/she has with the listed issuerNO 
Details of any interest in the securities of the listed issuer or its subsidiariesNONE 
Composition of Audit Committee (Name and Directorate of members after change)CHAIRMAN : MOHD FIKRY BIN RAHMAN
-INDEPENDENT & NON EXECUTIVE DIRECTOR

MEMBER : MD YAAKOB BIN MD SHARIFF
INDEPENDENT & NON EXECUTIVE DIRECTOR

: MR YEE CHEE SENG @ YEE YEN
NON-INDEPENDENT & NON EXECUTIVE DIRECTO

Remarks :
GENDER: MALE


RAYA - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameRAYA INTERNATIONAL BERHAD (ACE Market) 
Stock Name RAYA  
Date Announced27 Jan 2015  
CategoryChange in Boardroom
Reference NoCS-150127-40568

Date of change27/01/2015
NameYEE CHEE SENG @ YEE YEN
Age75
NationalityMALAYSIAN
Type of changeAppointment
DesignationNon-Executive Director
DirectorateNon Independent & Non Executive
QualificationsQualified as an Accountant in 1965 and a Fellow Member of the Chartered Institute of Management Accountants of United Kingdom ( U.K) 
Working experience and occupation Have worked as an Internal Auditor for 2 years and later acquired extensive experience in accounting and finance for 28 years in FELDA ( Federal Land Development Authority ) in which he held the senior positions of Financial Controller and Finance Director. He retired from FELDA in 1995 as the Deputy Director-General.

During the period of 2004-2005, he was a Board Director and Audit Committee Chairman of Prestar Resource Bhd, a listed company in Bursa Malaysi 
Directorship of public companies (if any)NONE 
Family relationship with any director and/or major shareholder of the listed issuerMR YEE CHEE SENG IS AN UNCLE TO MR TAN SENG HU, A DIRECTOR OF THE COMPANY 
Any conflict of interests that he/she has with the listed issuerNO 
Details of any interest in the securities of the listed issuer or its subsidiariesNONE 

Remarks :
GENDER : MALE


DGB - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameDGB ASIA BERHAD (ACE Market) 
Stock Name DGB  
Date Announced27 Jan 2015  
CategoryGeneral Announcement
Reference NoOS-150127-54477

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionDGB ASIA BERHAD (FORMERLY KNOWN AS DSC SOLUTIONS BERHAD) (“DGB” OR THE “COMPANY”)

(I) PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS; AND
(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to our announcements dated 10 September 2014 and 11 September 2014 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 26 January 2015, resolved to approve the following:

 

(i) Admission to the Official List and the listing and quotation of up to 266,370,000 Warrants to be issued pursuant to the Proposed Rights Issue of Shares with Warrants;

 

(ii) Listing of up to 355,160,000 Rights Shares to be issued pursuant to the Proposed Rights Issue of Shares with Warrants; and

 

(iii) Listing of up to 266,370,000 new DGB Shares to be issued pursuant to the exercise of the Warrants.

 

The approval by Bursa Securities for the Proposed Rights Issue of Shares with Warrants is subject to the following conditions:

 

(i) DGB and TA Securities must fully comply with the relevant provisions under the ACE Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Rights Issue of Shares with Warrants;

 

(ii) DGB and TA Securities to inform Bursa Securities upon the completion of the Proposed Rights Issue of Shares with Warrants;

 

(iii) DGB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Rights Issue of Shares with Warrants is completed; and

 

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

 

This announcement is dated 27 January 2015.



HHHCORP - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameHIAP HUAT HOLDINGS BERHAD (ACE Market) 
Stock Name HHHCORP  
Date Announced27 Jan 2015  
CategoryGeneral Announcement
Reference NoML-150127-63084

Admission SponsorHong Leong Investment Bank Berhad
SponsorSame as above
TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionHIAP HUAT HOLDINGS BERHAD ("HIAP HUAT" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF HIAP HUAT (“PROPOSED PRIVATE PLACEMENT”)

We refer to the announcements dated 28 November 2014 and 5 December 2014.

 

On behalf of the Board of Directors of Hiap Huat, Hong Leong Investment Bank Berhad is pleased to announce that the application to Bursa Malaysia Securities Berhad for the listing of and quotation for up to 33,330,000 new ordinary shares of RM0.10 each in Hiap Huat pursuant to the Proposed Private Placement has been submitted today.

 

 

This announcement is dated 27 January 2015.



KANGER - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameKANGER INTERNATIONAL BERHAD (ACE Market) 
Stock Name KANGER  
Date Announced27 Jan 2015  
CategoryGeneral Announcement
Reference NoMI-150127-63277

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionKANGER INTERNATIONAL BERHAD (“KANGER” OR “COMPANY”)

(I) PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE NOTES PROGRAMME COMPRISING REDEEMABLE CONVERTIBLE COMMERCIAL PAPERS AND/OR REDEEMABLE CONVERTIBLE MEDIUM TERM NOTES WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM100.0 MILLION (“PROPOSED NOTES ISSUE”); AND

(II) PROPOSED DIVERSIFICATION OF PRINCIPAL ACTIVITIES TO INCLUDE PROPERTY INVESTMENT AND MANAGEMENT (“PROPOSED DIVERSIFICATION”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the announcements made in relation to the Proposals dated 2 and 6 January 2015 (“Announcements”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise defined herein.

 

On behalf of the Board, Kenanga IB wishes to announce that the SC has, vide its letter dated 23 January 2015 which was received by Kenanga IB on 27 January 2015, authorised the issuance of the Notes.

 

This announcement is dated 27 January 2015.



FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameFTSE BURSA MALAYSIA KLCI ETF  
Stock Name FBMKLCI-EA  
Date Announced27 Jan 2015  
CategoryGeneral Announcement
Reference NoFB-150127-4763A

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 27 January 2015

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.8455
Units in circulation (units): 1,672,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,803.17

Attachments

FBM KLCI etf 20150127.xls
31 KB



CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced27 Jan 2015  
CategoryGeneral Announcement
Reference NoOB-150127-A40E9

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 27-Jan-2015
NAV per unit (RM): 1.8317
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: 10,712.75

Attachments

A40.pdf
10 KB



AMPROP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameAMCORP PROPERTIES BERHAD  
Stock Name AMPROP  
Date Announced27 Jan 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoAP-150127-364F3

Date of buy back27/01/2015
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,000
Minimum price paid for each share purchased ($$)0.815
Maximum price paid for each share purchased ($$)0.815
Total consideration paid ($$)8,210.35
Number of shares purchased retained in treasury (units)10,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)3,735,800
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 (%)0.63


AMBANK - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced27 Jan 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAH-150127-28DF8

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
[Acquisition of 248,800 shares]

2. Employees Provident Fund Board

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AMUNDI)
[Acquisition of 1,500,000 shares]

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (KIB)

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (KAF FM)

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM)

8. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (TEMPLETON)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired22/01/2015
1,748,800
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change437,137,037
Date of notice23/01/2015

Remarks :
This notice was received on 27 January 2015.


1 comment:

  1. hi, i already on boat IRIS & DGB, any effect with this stock related this issue?tq

    ReplyDelete