IRETEX - MATERIAL LITIGATION
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 13 Feb 2015 |
| Category | General Announcement |
| Reference No | CC-150213-64943 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | CLAIM MADE BY AIRDEX INTERNATIONAL INC. AGAINST SUZHOU STYROTEX PLASTIC CO. LTD, A WHOLLY OWNED SUBSIDIARY COMPANY OF IRE-TEX CORPORATION BERHAD |
Ire-Tex Corporation Berhad (“ITCB” or “the Company”) wishes to announce that it has been informed on 13 February 2015 by Suzhou Styrotex Plastic Co. Ltd. (“SSPC”), a wholly owned subsidiary company of ITCB incorporated in the People’s Republic of China and operating in Suzhou, had received a summon in respect of a civil suit filed by Airdex International Inc. (“Airdex") alleging infringement by SSPC of Airdex’s patent in respect of its design for Airfreight Pallet. The suit seeks enforcement and damages against SSPC for the following: 1. Demand for SSPC to stop production on Airfreight Pallet 2. Demand for SSPC’s molds in respect of Airfreight Pallet to be destroyed 3. Damages amounting to RMB3 million (Renminbi Three Million) 4. Court fees to be borne by SSPC Hearing for the suit has been fixed on 2 March 2015. SSPC will seek legal advice on the aforesaid matter. This announcement is dated 13 February 2015.
| |
IRETEX - PROPOSED ACQUISITION BY IRE-TEX (JOHOR) SDN BHD, A SUBSIDIARY OF IRE-TEX CORPORATION BERHAD, OF TWO (2) PIECES OF INDUSTRIAL FREEHOLD LANDS FROM MODERN UNIT SDN. BHD. FOR A TOTAL CONSIDERATION OF RM1,223,460 TOGETHER WITH ENTERING INTO TWO (2) BUILDING AGREEMENTS WITH BLESSPLUS SDN. BHD. TO BUILD 1 STOREY WITH 2 MEZZANINE FLOORS SEMI-DETACHED FACTORY TO BE ERECTED ON BOTH LANDS FOR A TOTAL CONSIDERATION OF RM4,346,400.00. (‘PROPOSED ACQUISTION”)
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 13 Feb 2015 |
| Category | General Announcement |
| Reference No | CC-150213-64317 |
THHEAVY - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | TH HEAVY ENGINEERING BERHAD |
| Stock Name | THHEAVY |
| Date Announced | 13 Feb 2015 |
| Category | General Announcement |
| Reference No | ML-150212-56305 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | TH HEAVY ENGINEERING BERHAD (“THHE” OR “COMPANY”) (I) PROPOSED RIGHTS ISSUE OF ICPS-i (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL (III) PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
On behalf of the Board of Directors of THHE, Hong Leong Investment Bank Berhad wishes to announce that the Company proposes to undertake the following proposals: (i) a renounceable rights issue of up to 1,200,000,000 new Islamic irredeemable convertible preference shares of RM0.25 each in THHE (“ICPS-i”) at an issue price of RM0.25 to the shareholders of THHE at an entitlement date to be determined later, to raise gross proceeds of up to RM300,000,000 (“Proposed Rights Issue of ICPS-i”); (ii) increase in the authorised share capital of THHE from RM855,000,000 comprising 3,200,000,000 ordinary shares of RM0.25 each in THHE (“THHE Shares”) and 220,000,000 existing irredeemable convertible non-cumulative preference shares of RM0.25 each in THHE to RM1,100,000,000 comprising 3,200,000,000 THHE Shares and 1,200,000,000 ICPS-i (“Proposed Increase in Authorised Share Capital”); and (iii) amendments to the Memorandum and Articles of Association of the Company (“Proposed Amendments”). Kindly refer to the attached document for the details of the Proposals. This announcement is dated 13 February 2015. | |
KESM - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | KESM INDUSTRIES BERHAD |
| Stock Name | KESM |
| Date Announced | 13 Feb 2015 |
| Category | General Announcement |
| Reference No | MB-150213-67457 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | KESM INDUSTRIES BERHAD (“KESMI” OR THE “COMPANY”) PROPOSED ACQUISITION OF THE REMAINING 692,308 ORDINARY SHARES OF RM1.00 EACH IN KESM TEST (M) SDN BHD (“KESM TEST”) (“KESM TEST SHARE(S)”), REPRESENTING APPROXIMATELY 34.62% EQUITY INTEREST NOT ALREADY OWNED BY THE COMPANY FROM SUNRIGHT LIMITED (“SUNRIGHT” OR “VENDOR”) FOR A CASH CONSIDERATION OF RM35.0 MILLION (“PROPOSED ACQUISITION”) |
On behalf of the Board of Directors of KESMI ("Board"), AmInvestment Bank Berhad ("AmInvestment Bank") wishes to announce that KESMI had on 13 February 2015, entered into a conditional share sale agreement ("SSA") with Sunright for the acquisition of the remaining 692,308 KESM Test Shares ("Sale Shares"), representing approximately 34.62% of the equity interest not already owned by KESMI, for a cash consideration of RM35.0 million ("Purchase Consideration"). KESM Test is currently an approximately 65.38% subsidiary of KESMI and the balance of the approximately 34.62% shareholding is held by Sunright, which is a major shareholder of KESMI. Upon completion of the Proposed Acquisition, KESM Test will become a wholly-owned subsidiary of KESMI. Please refer to the announcement as enclosed for further details on the Proposed Acquisition. This announcement is dated 13 February 2015. | |
KESM - Special Dividend
| Company Name | KESM INDUSTRIES BERHAD |
| Stock Name | KESM |
| Date Announced | 13 Feb 2015 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CA-150211-38542 |
KESM - OTHERS PRESS RELEASE : KESM INTENSIFIES FOCUS ON TEST BUSINESS
| Company Name | KESM INDUSTRIES BERHAD |
| Stock Name | KESM |
| Date Announced | 13 Feb 2015 |
| Category | General Announcement |
| Reference No | CA-150213-36569 |
| Type | Announcement |
| Subject | OTHERS |
| Description | PRESS RELEASE : KESM INTENSIFIES FOCUS ON TEST BUSINESS |
A copy of the Press Release dated 13 February 2015 is enclosed. | |
YOKO - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD
| Company Name | YOKOHAMA INDUSTRIES BERHAD |
| Stock Name | YOKO |
| Date Announced | 13 Feb 2015 |
| Category | General Announcement |
| Reference No | CC-150213-ED1BB |
| Type | Announcement | ||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD | ||||||||
| Description | YOKOHAMA INDUSTRIES BERHAD (the “Company”) Announcement pursuant to Paraghaph 14.08(a) of Bursa Malaysia Securities Berhad's Main Market Listing Requirements | ||||||||
We wish to announce that Mr Yong Mian Thong, a director of Yokohama Industries Berhad has given notice of his intention to deal in the securities of the Company during the closed period in relation to the pending quarterly announcement for 31 December 2014. His current shareholding in the securities of the Company are as follows:-
| |||||||||
No comments:
Post a Comment