March 31, 2015

Company announcements: PINEAPP, RGB, ANCOMLB, N2N, MICROLN, MAYBANK

PINEAPP - Change of Registrar

Announcement Type: Change of Registrar
Company NamePINEAPPLE RESOURCES BERHAD (ACE Market) 
Stock Name PINEAPP  
Date Announced31 Mar 2015  
CategoryChange of Registrar
Reference NoPR-150331-52832

Old registrarSECTRARS SERVICES SDN BHD
New registrarSECTRARS MANAGEMENT SDN BHD
AddressLOT 9-7, MENARA SENTRAL VISTA,
NO 150, JALAN SULTAN ABDUL SAMAD BRICKFIELDS
50470 KUALA LUMPUR
Telephone No03-2276 6138 / 6139 / 6130
Facsimile No03-2276 6131
Effective date01/04/2015


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

Announcement Type: General Announcement
Company NameRGB INTERNATIONAL BHD  
Stock Name RGB  
Date Announced31 Mar 2015  
CategoryGeneral Announcement
Reference NoCC-150325-0CFFD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionAcquisition of 30% equity stake in Timor Holding, Lda. by RGB (Macau) Limited, a wholly owned sub-subsidiary of RGB International Bhd.

Please refer to the attachment marked "RGB-A1519-iTHL-EOT-F.pdf" for details of the announcement.

Attachments

RGB A1519-iTHL-EOT-F.pdf
10 KB



ANCOMLB - Changes in Sub. S-hldr's Int. (29B) - Mah Wing Investments Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameANCOM LOGISTICS BERHAD (ACE Market) 
Stock Name ANCOMLB  
Date Announced31 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAL-150331-54112

Particulars of substantial Securities Holder

NameMah Wing Investments Limited
Address11th Floor, Wisma Bumi Raya,
10, Jalan Raja Laut,
50350 Kuala Lumpur.
NRIC/Passport No/Company No.35842
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.05 each
Name & address of registered holderAncom Berhad
No.2A, Jalan 13/2, Sek.13,
46200 Petaling Jaya,
Selangor.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/03/2015
500,000
 
Disposed18/03/2015
300,000
 
Disposed20/03/2015
485,000
 
Disposed24/03/2015
250,000
 

Circumstances by reason of which change has occurredDeemed to have an interest under section 6A(4)(c) of the Companies Act, 1965
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change221,252,157
Date of notice30/03/2015


ANCOMLB - Changes in Sub. S-hldr's Int. (29B) - Chan Thye Seng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameANCOM LOGISTICS BERHAD (ACE Market) 
Stock Name ANCOMLB  
Date Announced31 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAL-150331-52202

Particulars of substantial Securities Holder

NameChan Thye Seng
AddressNo.2, Changkat Kia Peng,
50450 Kuala Lumpur.
NRIC/Passport No/Company No.561218-10-5893
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary share of RM0.05 each
Name & address of registered holderAncom Berhad
No.2A, Jalan 13/2, Sek.13,
46200 Petaling Jaya,
Selangor.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/03/2015
500,000
 
Disposed18/03/2015
300,000
 
Disposed20/03/2015
485,000
 
Disposed24/03/2015
250,000
 

Circumstances by reason of which change has occurredDeemed to have an interest under section 6A(4)(c) of the Companies Act, 1965
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change221,252,157
Date of notice30/03/2015


ANCOMLB - Changes in Sub. S-hldr's Int. (29B) - Mah Wing Holdings Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameANCOM LOGISTICS BERHAD (ACE Market) 
Stock Name ANCOMLB  
Date Announced31 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAL-150331-53511

Particulars of substantial Securities Holder

NameMah Wing Holdings Sdn Bhd
Address11th Floor, Wisma Bumi Raya,
10, Jalan Raja Laut,
50350 Kuala Lumpur.
NRIC/Passport No/Company No.21518-K
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.05 each
Name & address of registered holderAncom Berhad
No.2A, Jalan 13/2, Sek.13,
46200 Petaling Jaya,
Selangor.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/03/2015
500,000
 
Disposed18/03/2015
300,000
 
Disposed20/03/2015
485,000
 
Disposed24/03/2015
250,000
 

Circumstances by reason of which change has occurredDeemed to have an interest under section 6A(4)(c) of the Companies Act, 1965
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change221,252,157
Date of notice30/03/2015


ANCOMLB - Changes in Sub. S-hldr's Int. (29B) - Pacific & Orient Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameANCOM LOGISTICS BERHAD (ACE Market) 
Stock Name ANCOMLB  
Date Announced31 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAL-150331-53007

Particulars of substantial Securities Holder

NamePacific & Orient Berhad
Address11th Floor, Wisma Bumi Raya,
10, Jalan Raja Laut,
50350 Kuala Lumpur.
NRIC/Passport No/Company No.308366-H
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.05 each
Name & address of registered holderAncom Berhad
No.2A, Jalan 13/2, Sek.13,
46200 Petaling Jaya,
Selangor.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/03/2015
500,000
 
Disposed18/03/2015
300,000
 
Disposed20/03/2015
485,000
 
Disposed24/03/2015
250,000
 

Circumstances by reason of which change has occurredDeemed to have an interest under section 6A(4)(c) of the Companies Act, 1965
Nature of interestIndirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change221,252,157
Date of notice30/03/2015


N2N - Notice of Shares Buy Back - Immediate Announcement (Amended Announcement)

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced31 Mar 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-150331-DFB1D

Date of buy back30/03/2015
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)8,000
Minimum price paid for each share purchased ($$)0.835
Maximum price paid for each share purchased ($$)0.835
Total consideration paid ($$)6,680.00
Number of shares purchased retained in treasury (units)8,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)7,855,600
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 (%)1.7853

Remarks :
The Board of Directors of N2N Connect Berhad (“N2N” or “the Company”) wishes to inform that the announcement made on 30 March 2015 was erroneous as the number of share bought back was 8,000 shares instead of 2,000 shares. The error arose due to an overlook of the matched quantity.

This announcement is made to amend the total number of shares bought back on 30 March 2015 and the total shares held as treasury shares.


MICROLN - OTHERS Execution of Share Sale Agreement for the Acquisition of An Additional 25% of the Issued and Paid-up Share Capital of Formis Advanced Systems Sdn Bhd

Announcement Type: General Announcement
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced31 Mar 2015  
CategoryGeneral Announcement
Reference NoCN-150331-38312

TypeAnnouncement
SubjectOTHERS
DescriptionExecution of Share Sale Agreement for the Acquisition of An Additional 25% of the Issued and Paid-up Share Capital of Formis Advanced Systems Sdn Bhd

The Board of Directors of Micolink Solutions Berhad (“MSB”) wishes to announce that CSA Servis (M) Sdn Bhd (“CSAS”), a wholly-owned subsidiary of MSB, had on 31 March 2015 entered into a Share Sale Agreement with Mr Lee Boon Hoo (“LBH”) for the acquisition of an additional 125,000 ordinary shares of RM1.00 each representing 25% of the total issued and paid-up share capital of Formis Advanced Systems Sdn Bhd (“FAS”) for a total cash consideration of RM53,879.00 only (“Acquisition”). The Acquisition will be financed entirely by internally generated funds.


The purchase consideration of RM53,879.00 was arrived at on a willing buyer and willing seller basis after taking into consideration of the
audited net tangible asset value of FAS as at 31 October 2014.

CSAS currently owns 60% of FAS. Upon completion of the Acquisition, FAS will become a 85% owned subsidiary of CSAS.


FAS was incorporated as a private limited company on 28 June 1995 in Malaysia under the Companies Act, 1965 under the name of Momentum Pass Sdn Bhd. It changed its name to MYH Construction Sdn Bhd on 14 August 1996. On 19 December 1998, it changed its name to Watford Technologies Sdn Bhd and assumed its present name on 30 April 2007. As at 31 March 2015, the authorised share capital of FAS is RM500,000.00 comprising 500,000 ordinary shares of RM1.00 each (“FAS Shares”), of which 500,000 FAS Shares have been issued and credited as fully paid-up. FAS is principally involved in
the provision of information technology services in terms of hardware, software, consultancy and maintenance. The Directors of FAS are Yong Kar Seng Peter and LBH.


The Acquisition would enable CSAS to have higher control over the equity and strategic directions of FAS.

The Acquisition has no material effect on the net assets per share, gearing, share capital and the substantial shareholders’ shareholdings of MSB for the financial year ending 31 March 2015.

 
None of the Directors and/or major shareholders of MSB and/or persons connected with the Directors and/or major shareholders of MSB, has any interest, direct or indirect, in the Acquisition.


The Directors of MSB, after having considered all aspects of the Acquisition, are of the opinion that the Acquisition is in the best interest of the MSB Group.


The Acquisition is not subject to the approval of the shareholders of MSB or any other relevant Authorities. The highest percentage ratio pursuant to Paragraph 10.02(g) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad applicable for the Acquisition is 0.91%.


A copy of the Share Sale Agreement is available for inspection at the registered office of MSB during normal office hours on Mondays to Fridays (except public holidays) at 16th Floor, KH Tower, 8 Lorong P. Ramlee, 50250 Kuala Lumpur for a period of three (3) months from the date of this announcement.


This announcement is dated 31 March 2015.


MICROLN - OTHERS Re-Organisation of Group Structure

Announcement Type: General Announcement
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced31 Mar 2015  
CategoryGeneral Announcement
Reference NoCN-150331-37975

TypeAnnouncement
SubjectOTHERS
DescriptionRe-Organisation of Group Structure

Pursuant to Rule 9.19(5) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Microlink Solutions Berhad (“MSB” or “the Company”) wishes to announce the following group re-organisation on 30 March 2015 (“Re-Organisation”):

 

Transferor

Transferee

Subject of Transfer

Consideration
(RM)

Microlink

Worldwide Sdn Bhd (“MWSB”), a

wholly-owned

subsidiary of MSB

 

MSB

Transfer of 200,000 ordinary shares of USD1.00 each representing 80% of the total issued and paid-up share capital of PT Microlink Indonesia (“PMI”). PMI is an indirect wholly-owned subsidiary of MSB which jointly owned by MWSB (80%) and Microlink Systems Sdn Bhd (20%) (“MSSB”). MSSB is a wholly-owned subsidiary of MSB.

 

1.00

Upon completion of the Re-Organisation, PMI will cease to be a 80% owned subsidiary of MWSB and instead, will be owned 80% by MSB and 20% by MSSB.

 

PMI was incorporated as a limited liability company on 23 October 2008 in the Republic of Indonesia. As at 30 March 2015, the authorised share capital of PMI is USD250,000.00, of which 250,000 ordinary shares of USD1.00 have been issued and credited as fully paid-up. PMI is principally engaged in the provision of information technology solutions to the financial services industry and dealing in related products.

 

The Re-Organisation is part of the Group’s intention to streamline and realign the businesses to achieve greater operational efficiency.

 

The Re-Organisation will not have any material effect on the earnings, net assets and gearing of the MSB Group for the financial year ending 31 March 2015.

 

None of the Directors and/or major shareholders of MSB and/or persons connected with the Directors and/or major shareholders of MSB, has any interest, direct or indirect, in the Re-Organisation.

 

The Directors of MSB, after having considered all aspects of the Re-Organisation, are of the opinion that the Re-Organisation is in the best interest of the MSB Group.

 

This announcement is dated 31 March 2015.


MAYBANK - 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 NameMALAYAN BANKING BERHAD  
Stock Name MAYBANK  
Date Announced31 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMB-150331-61026

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 incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY
Name & address of registered holder1) EMPLOYEES PROVIDENT FUND BOARD
TINGKAT 19 BANGUNAN KWSP
JALAN RAJA LAUT
50350 KUALA LUMPUR

2) CITIGROUP NOMINEES (TEMPATAN) SDN BHD
LEVEL 42 MENARA CITIBANK
165 JALAN AMPANG
50450 KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed26/03/2015
2,217,000
 

Circumstances by reason of which change has occurredSALE OF SHARES
Nature of interestDIRECT
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,171,796,843
Date of notice27/03/2015

Remarks :
1) The notice was received by Maybank Berhad on 31 March 2015.


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