February 17, 2015

Company announcements: IRIS, NETX, PANPAGE, GRANFLO, ASDION, TECFAST, SMRT, JFTECH, INARI

IRIS - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced16 Feb 2015  
CategoryChange in Boardroom
Reference NoIC-150216-60024

Date of change15/01/2015
NameMuhammad Sufi Bin Mahbub
Age51
NationalityMalaysian
DesignationDirector
DirectorateNon Independent & Non Executive
Type of changeResignation
ReasonDue to other work commitments that requires his full attention.
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsBachelor Of Business Accountancy, Queensland University of Technology, Brisbane Queensland, Australia 
Working experience and occupation Muhammad Sufi Bin Mahbub was the Deputy Director General (Strategic Resources) in the Federal Land Development Authority (FELDA) and has vast experience in management and global corporate strategies. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 

Remarks :
The Board of Directors wish to clarify that it was in receipt of Muhammad Sufi Bin Mahbub's written Letter of Resignation today on 16th February 2015 notwithstanding the effective date of the said resignation was at 15th January, 2015.


NETX - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameNETX HOLDINGS BERHAD (ACE Market) 
Stock Name NETX  
Date Announced16 Feb 2015  
CategoryGeneral Announcement
Reference NoOS-150216-59893

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionNETX HOLDINGS BERHAD (“NETX” OR THE “COMPANY”)

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

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

 

We refer to the announcements dated 28 October 2014, 24 December 2014 and 26 December 2014 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

The Board wishes to inform that the SSA entered into between the Company and the Vendors dated 28 October 2014 for the Proposed Acquisition has been mutually terminated due to some changes and an adverse business environment faced by Springworks.

 

Pursuant thereto, all obligations and liabilities of the parties thereunder shall cease to have effect and none of the parties shall have any claim against the other for costs, damages, compensation or otherwise.

 

The Board confirms that there is no financial impact on the EPS and NA per share of the Company as a result of the termination of the SSA.

 

In addition to the above, the Board wishes to inform that the Company intends to proceed with the Proposed Rights Issue of Shares with Warrants, Proposed SIS and Proposed Increase in Authorised Share Capital. Further details of the said proposals with some revisions will be announced in due course.

 

This announcement is dated 16 February 2015.

 



PANPAGE - Changes in Director's Interest (S135) - Lau Kok Fui

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePANPAGES BERHAD  
Stock Name PANPAGE  
Date Announced16 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-150216-6CFCC

Information Compiled By KLSE

Particulars of Director

NameLau Kok Fui
Address12F-2, 167 Nanjing East Road
Section 5, Taipei 105
Taiwan
Descriptions(Class & nominal value)Ordinary shares of RM0.10 each ("Shares")

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
13/02/2015
114,200
0.305 

Circumstances by reason of which change has occurredAcquisition of shares by his spouse
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)23,300,000 
Direct (%)9.65 
Indirect/deemed interest (units)9,230,700 
Indirect/deemed interest (%)3.82 
Date of notice16/02/2015

Remarks :
1. The above dealing of 114,200 Shares represents 0.05% of the issued Shares of the Company.
2. This announcement also serves as an announcement on notification under chapter 14 of the Listing Requirements (Dealings Outside Closed Period)


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 Announced16 Feb 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-150216-396C8

Date of buy back16/02/2015
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)5,000
Minimum price paid for each share purchased ($$)0.275
Maximum price paid for each share purchased ($$)0.280
Total consideration paid ($$)1,385.00
Number of shares purchased retained in treasury (units)5,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)1,910,800
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 (%)0.52


ASDION - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS (Amended Announcement)

Announcement Type: General Announcement
Company NameASDION BERHAD (ACE Market) 
Stock Name ASDION  
Date Announced16 Feb 2015  
CategoryGeneral Announcement
Reference NoC&-150216-35DAB

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionASDION BERHAD (“ASDION” OR THE “COMPANY”)
- JOINT VENTURE ARRANGEMENT WITH TOP VALLEY PROPERTIES SDN BHD (“TOP VALLEY”)

(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 12 February 2015 in relation to the abovementioned proposal.)

We refer to the Company's announcement on 12 February 2015 in relation to the abovementioned proposal

The Board of Directors of Asdion wishes to inform that Item 2, fifth paragraph of the attachment to the announcement, which reads:

"The Participation Sum is funded from the Company’s internally-generated funds."

is amended to read:

"The Participation Sum is funded from the Company’s internal available cash and bank balances."

This announcement is dated 16 February 2015.



TECFAST - Quarterly rpt on consolidated results for the financial period ended 31/12/2014

Announcement Type: Financial Results
Company NameTECHFAST HOLDINGS BERHAD (ACE Market) 
Stock Name TECFAST  
Date Announced16 Feb 2015  
CategoryFinancial Results
Reference NoCI-150212-53790

Financial Year End31/12/2014
Quarter4
Quarterly report for the financial period ended31/12/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2014
31/12/2013
31/12/2014
31/12/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
4,772
5,219
20,277
20,487
2Profit/(loss) before tax
19
819
2,779
2,733
3Profit/(loss) for the period
-88
377
1,844
1,794
4Profit/(loss) attributable to ordinary equity holders of the parent
-314
-26
151
735
5Basic earnings/(loss) per share (Subunit)
-0.20
-0.02
0.10
0.47
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1010
0.1620
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


SMRT - OTHERS ACQUISITION OF A WHOLLY-OWNED SUBSIDIARY, SMARTCHROME SDN BHD

Announcement Type: General Announcement
Company NameSMRT HOLDINGS BERHAD (ACE Market) 
Stock Name SMRT  
Date Announced16 Feb 2015  
CategoryGeneral Announcement
Reference NoCC-150204-4D3D9

TypeAnnouncement
SubjectOTHERS
DescriptionACQUISITION OF A WHOLLY-OWNED SUBSIDIARY,
SMARTCHROME SDN BHD

Introducton

The Board of Directors of SMRT Holdings Berhad ("SMRT" or "Company") wishes to announce that the Company has on 16 February 2015 completed the acquisition of 2 ordinary shares of RM1.00 each in Smartchrome Sdn Bhd (1128420-K) ("Smartchrome") representing the entire equity interest in Smartchrome for a total cash consideration of RM2.00 ("Acquisition") Only. Upon completion of the Acquisition, Smartchrome will be a wholly-owned subsidiary of SMRT.

Information on Smartchrome

Smartchrome was incorporated in Malaysia on 22 January 2015 under the Companies Act 1965. The authorised share capital of Smartchrome is RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each. The issued and paid-up share capital of Smartchrome is RM2.00 comprising of 2 ordinary shares of RM1.00 each.

Smartchrome is currently dormant. The principal activities of Smartchrome will be subsequently amended to reflect the intended activities.

Financial Effects of the Acquisition

The Acquisition is not expected to have any material effect on the earnings, net assets and gearing of SMRT and its group of companies for the financial year ending 31 December 2015.

The Acquisition does not require the approval of the shareholders of SMRT.

Directors and Substantial Shareholders' Interest

None of the Directors and/or Substantial Shareholders of SMRT and/or persons connected to them have any interest, direct or indirect, in the aforesaid Acquisition.

This announcement is dated 16 February 2015.



JFTECH - Quarterly rpt on consolidated results for the financial period ended 31/12/2014

Announcement Type: Financial Results
Company NameJF TECHNOLOGY BERHAD (ACE Market) 
Stock Name JFTECH  
Date Announced16 Feb 2015  
CategoryFinancial Results
Reference NoCS-150216-48185

Financial Year End30/06/2015
Quarter2
Quarterly report for the financial period ended31/12/2014
The figureshave not been audited

Attachments

2nd Quarter 2015.pdf
124 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2014
31/12/2013
31/12/2014
31/12/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
4,691
2,411
9,189
4,689
2Profit/(loss) before tax
1,076
455
2,089
484
3Profit/(loss) for the period
1,076
454
2,083
479
4Profit/(loss) attributable to ordinary equity holders of the parent
1,076
454
2,083
479
5Basic earnings/(loss) per share (Subunit)
0.85
0.36
1.65
0.38
6Proposed/Declared dividend per share (Subunit)
0.50
0.00
0.50
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
19.1000
17.9500
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


JFTECH - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameJF TECHNOLOGY BERHAD (ACE Market) 
Stock Name JFTECH  
Date Announced16 Feb 2015  
CategoryEntitlements (Notice of Book Closure)
Reference NoCS-150216-55040

EX-date03/03/2015
Entitlement date05/03/2015
Entitlement time05:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionSingle Tier Interim Dividend of 5.0% (0.5 sen per ordinary share)
Period of interest payment to
Financial Year End30/06/2015
Share transfer book & register of members will be 05/03/2015 to 05/03/2015 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSecurities Services (Holdings) Sdn. Bhd.
(Company No. 36869-T)
Level 7, Menara Milenium
Jalan Damanlela
Pusat Bandar Damansara
Damansara Heights
50490 Kuala Lumpur
Tel no.: 03-2084 9000
Payment date 16/03/2015
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers05/03/2015 
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 indicatorPercentage
Entitlement in percentage (%)5

Remarks :
This announcement is dated 16 February 2015.


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

Announcement Type: General Announcement
Company NameINARI AMERTRON BERHAD  
Stock Name INARI  
Date Announced16 Feb 2015  
CategoryGeneral Announcement
Reference NoOS-150216-24A73

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionINARI AMERTRON BERHAD ("INARI" OR "COMPANY")

• RIGHTS ISSUE WITH WARRANTS

(All abbreviations used in this announcement are defined in the announcement dated 4 July 2014)

On behalf of the Company, M&A Securities is pleased to announce that at the close of acceptance, excess application and payment for the Rights Issue with Warrants as at 5.00 p.m. on 10 February 2015 (“Closing Date”), Inari received valid acceptances and excess applications for a total of 107,351,480 Rights Shares. This represents a subscription level of 136.40% of the total number of Rights Shares available under the Rights Issue with Warrants.

Details of valid acceptances and excess applications received as at the Closing Date are as follows:

No. of Rights Shares

% of total issue size

Total valid acceptances

77,664,374

98.68

Total valid excess applications

29,687,106

37.72

Total valid acceptances and excess applications

107,351,480

136.40

Total Rights Shares available for subscription

78,700,515

100.00

Total over subscribed Rights Shares

28,650,965

36.40

As the acceptances and excess applications received exceeded the issue size of 78,700,515 Rights Shares, the issue size of the Rights Issue with Warrants shall be based on the issue size of 78,700,515 Rights Shares and 78,700,515 Warrants.

The Rights Shares and Warrants are expected to be listed on the Main Market of Bursa Securities on 26 February 2015.

This announcement is dated 16 February 2015.

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