March 11, 2015

Company announcements: IFCAMSC, REDTONE, GRANFLO, NEXGRAM, N2N, SMRT, XOX

IFCAMSC - OTHERS IFCA MSC BERHAD ("IFCA" or "THE COMPANY") - Acceptance of Award of Contract from Rangkaian Hotel Seri Malaysia Sdn Bhd. (RHSM)

Announcement Type: General Announcement
Company NameIFCA MSC BERHAD (ACE Market) 
Stock Name IFCAMSC  
Date Announced11 Mar 2015  
CategoryGeneral Announcement
Reference NoIM-150311-62390

TypeAnnouncement
SubjectOTHERS
DescriptionIFCA MSC BERHAD ("IFCA" or "THE COMPANY")
- Acceptance of Award of Contract from Rangkaian Hotel Seri Malaysia Sdn Bhd. (RHSM)

 

The Board of Directors of IFCA is pleased to announce that, on 15 January 2015, had received a letter of award from RHSM for the supply of a Property Management solution  for  22 (twenty two) sites, all located in Malaysia. The contract sum is RM 3,388,000 (Three Million Three Hundred Eighty Eight Thousand) . Annual maintenance fee is not included in contract sum.

 

 

 

The Contract is not expected to have any material effects on the share capital and shareholding structure of the Company. However, it is expected to have positive contribution to the earnings per share and net assets per share of IFCA for the financial year ending 2015.

 

 

 

There are no significant risks other than operational risk associated with the Contract.

 

 

 

None of the Directors and/or substantial shareholders of the Company or persons connected to the said Directors and/or substantial shareholders have any direct or indirect interest in the Contract.

 


The Board of Directors, after due consideration, is of the opinion that the acceptance of the Contract is in the best interest of the Group. The Contract being incurred in the ordinary course of business, is not subject to the approval of the shareholders.

 


This announcement is dated 11 March 2015.

 

 

 



REDTONE - Changes in Director's Interest (S135) - Datuk Lye Ek Seang

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced11 Mar 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-150311-48931

Information Compiled By KLSE

Particulars of Director

NameDatuk Lye Ek Seang
Address13, Jalan Bukit Seputeh 3
Vasana 25, Seputeh Heights
58000 Kuala Lumpur
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)
Others
10/03/2015
2,250,000
 

Description of other type of transactionConversion of Free Detachable Warrants to Ordinary Shares
Circumstances by reason of which change has occurredConversion of Free Detachable Warrants to Ordinary Shares
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)29,750,000 
Direct (%)4.47 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice11/03/2015


REDTONE - Notice of Person Ceasing (29C) - Dato' Wei Chuan Beng

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced11 Mar 2015  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCK-150311-49217

Particulars of substantial Securities Holder

NameDato’ Wei Chuan Beng
AddressUnit 1-13A-2, Vista Komanwel, Bukit Jalil, 57000 Kuala Lumpur.
NRIC/Passport No/Company No.651219-03-5013
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Date of cessation10/03/2015
Name & address of registered holderDato' Wei Chuan Beng
Unit 1-13A-2, Vista Komanwel, Bukit Jalil
57000 Kuala Lumpur.
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed 
Price Transacted ($$) 
Circumstances by reason of which a person ceases to be a substantial securities HolderInterest held fell below 5% of the paid-up shares of the Company based on existing paid-up capital of 665,337,656 (excluding Treasury Shares) as at 10 March 2015.
Nature of interestDirect
Date of notice11/03/2015


REDTONE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced11 Mar 2015  
CategoryGeneral Announcement
Reference NoCK-150311-62283

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionNotification of dealings by Director pursuant to Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.

In accordance with Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, REDtone International Berhad wishes to announce the following dealings in securities by the Director:-

Datuk Lye Ek Seang – Direct Interest

Name of Director

Date

No. of shares involved

Average purchase price per share (RM)

% of shares

No. of Irredeemable Convertible Unsecured Loan Stocks ("ICULS")

Average purchase price per ICULS (RM)

% of ICULS

No. of Warrants

Average purchase price per Warrant (RM)

% of Warrants

Datuk Lye Ek Seang

10.03.2015

2,250,000*

0.25

0.33

-

-

-

-

-

-

*Conversion of Free Detachable Warrants to Ordinary Shares on 10 March 2015.



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 Announced11 Mar 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-150311-6BF38

Date of buy back11/03/2015
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,000
Minimum price paid for each share purchased ($$)0.270
Maximum price paid for each share purchased ($$)0.270
Total consideration paid ($$)2,700.00
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)2,070,800
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 (%)0.559


NEXGRAM - OTHERS NEXGRAM HOLDINGS BERHAD (“NEXGRAM” or “THE COMPANY”) - ACQUISITION OF SHARES IN NETNOVATION SDN. BHD.

Announcement Type: General Announcement
Company NameNEXGRAM HOLDINGS BERHAD (ACE Market) 
Stock Name NEXGRAM  
Date Announced11 Mar 2015  
CategoryGeneral Announcement
Reference NoCS-150309-40879

TypeAnnouncement
SubjectOTHERS
DescriptionNEXGRAM HOLDINGS BERHAD (“NEXGRAM” or “THE COMPANY”)
- ACQUISITION OF SHARES IN NETNOVATION SDN. BHD.

1. INTRODUCTION

Pursuant to Rule 9.19(24) of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, the Board of Directors of NEXGRAM wishes to announce that NEXGRAM had on 11 March 2015, acquired two (2) ordinary shares of RM1.00 each, representing 100% equity interest in Netnovation Sdn. Bhd. (“NSB”) for a total cash consideration of RM20,000.00 ("Acquisition"). Consequent thereto, NSB became a wholly-owned subsidiary of NEXGRAM.

2. INFORMATION OF NSB

NSB was incorporated in Malaysia under the Companies Act, 1965 on 4 April 2014. The present authorised share capital of NSB is RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each and the paid-up share capital is RM2.00 divided into 2 ordinary shares of RM1.00 each.

The principal activities of NSB are research, development, and commercialization of the solution for Mobile Social Play ("MSP") Platform and provision of implementation, maintenance and support services related to the MSP solution.

3. FINANCIAL EFFECTS

The Acquisition of NSB is not expected to have any material effects on the earnings or net assets of the Company for the financial year ending 30 April 2015.

4. DIRECTORS’ AND MAJOR SHAREHOLDERS’ AND/OR PERSONS CONNECTED WITH A DIRECTOR OR MAJOR SHAREHOLDER’S INTERESTS

Other than their respective interests through NEXGRAM, none of the Directors and/or major shareholders or persons connected to them has any interests, direct or indirect, in the Acquisition.

5. STATEMENT BY THE BOARD OF DIRECTORS

The Board of Directors of NEXGRAM, having taken into consideration all aspects of the Acquisition, is of the opinion that the Acquisition is in the best interest of NEXGRAM.

This announcement is dated 11 March 2015.

 



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 Announced11 Mar 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-150311-2E5C7

Date of buy back11/03/2015
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)13,000
Minimum price paid for each share purchased ($$)0.845
Maximum price paid for each share purchased ($$)0.845
Total consideration paid ($$)10,985.00
Number of shares purchased retained in treasury (units)13,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)7,604,600
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 (%)1.7292


SMRT - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameSMRT HOLDINGS BERHAD (ACE Market) 
Stock Name SMRT  
Date Announced11 Mar 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-150311-FC340

Date of buy back11/03/2015
Description of shares purchasedOrdinary Shares
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)9,300
Minimum price paid for each share purchased ($$)0.505
Maximum price paid for each share purchased ($$)0.520
Total consideration paid ($$)4,736.49
Number of shares purchased retained in treasury (units)9,300
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)7,105,600
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 (%)3.114


SMRT - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameSMRT HOLDINGS BERHAD (ACE Market) 
Stock Name SMRT  
Date Announced11 Mar 2015  
CategoryGeneral Announcement
Reference NoMI-150311-64332

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionSMRT HOLDINGS BERHAD (“SMRT” OR “COMPANY”)

(I) PROPOSED ACQUISITION BY STRATEGIC AMBIENCE SDN BHD (“SASB”), A WHOLLY-OWNED SUBSIDIARY OF SMRT, OF APPROXIMATELY 23% OF THE VOTING SHARES OF MASTERSKILL EDUCATION GROUP BERHAD (“MEGB”) (“PROPOSED ACQUISITION”); AND

(II) PLACEMENT OF UP TO 10% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF SMRT (“SHARES” OR “SMRT SHARES”) (“PLACEMENT”)

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)

We refer to the announcements dated 12 January 2015, 15 January 2015, 20 January 2015, 30 January 2015, 13 February 2015 and 5 March 2015 in relation to the Proposals. All abbreviations used herein shall have the same meanings as those used in these announcements unless stated otherwise.

On behalf of SMRT, Maybank IB wishes to announce that the Company had on 11 March 2015, being the Price-Fixing Date, fixed the issue price of 23,527,400 Shares to be issued pursuant to the Placement (“Placement Shares”) at RM0.49 per Placement Share (“Issue Price”).

The Issue Price represents a discount of RM0.0339 or approximately 6.47% to the five (5)-day VWAMP of the Shares up to and including 10 March 2015, being the market day immediately prior to the Price-Fixing Date, of approximately RM0.5239.

This Announcement is dated 11 March 2015.



XOX - Changes in Director's Interest (S135) - Datuk Chai Woon Chet

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameXOX BHD (ACE Market) 
Stock Name XOX  
Date Announced11 Mar 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-150311-CB57C

Information Compiled By KLSE

Particulars of Director

NameDatuk Chai Woon Chet
AddressLot 116, Jalan Timah 3
Mines Resort City
43300 Seri Kembangan 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
11/03/2015
300,000
0.095 

Circumstances by reason of which change has occurredAcquisition of shares via open market transaction
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)2,500,000 
Direct (%)0.75 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice11/03/2015

Remarks :
1. The total percentage of shares acquired by Datuk Chai Woon Chet was around 0.09% of the total issued and paid up capital of the Company.

2. This announcement serves as a notification pursuant to Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.


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