WILLOW - Notice of Shares Buy Back by a Company Pursuant to Form 28A
| Company Name | WILLOWGLEN MSC BERHAD |
| Stock Name | WILLOW |
| Date Announced | 13 May 2015 |
| Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
| Reference Number | SB2-12052015-00001 |
| Date of buy back from | 06 May 2015 |
| Date of buy back to | 06 May 2015 |
| Currency | Malaysian Ringgit (MYR) |
| Total number of shares purchased (units) | 10,000 |
| Minimum price paid for each share purchased ($$) | 0.910 |
| Maximum price paid for each share purchased ($$) | 0.910 |
| Total amount paid for shares purchased ($$) | 9,100.00 |
| The name of the stock exchange through which the shares were purchased | Bursa Malaysia Securities Berhad |
| Number of shares purchased retained in treasury (units) | 10,000 |
| Total number of shares retained in treasury (units) | 4,623,400 |
| Number of shares purchased which were cancelled (units) | 0 |
| Total issued capital as diminished | 0 |
| Date lodged with registrar of companies | 13 May 2015 |
| Lodged by | Securities Services (Holdings) Sdn. Bhd. |
IRIS - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS IRIS KOTO (M) SDN. BHD'S SALE OF ITS ENTIRE 900 ORDINARY SHARES HELD IN IPE INSULATION (M) SDN. BHD. (IPE), REPRESENTING 90% EQUITY INTEREST IN IPE, FOR A TOTAL CASH CONSIDERATION OF RINGGIT MALAYSIA ONE MILLION FIVE HUNDRED THOUSAND (RM1, 500,000.00)
| Company Name | IRIS CORPORATION BERHAD |
| Stock Name | IRIS |
| Date Announced | 13 May 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13052015-00057 |
| Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
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| Description | IRIS KOTO (M) SDN. BHD'S SALE OF ITS ENTIRE 900 ORDINARY SHARES HELD IN IPE INSULATION (M) SDN. BHD. (IPE), REPRESENTING 90% EQUITY INTEREST IN IPE, FOR A TOTAL CASH CONSIDERATION OF RINGGIT MALAYSIA ONE MILLION FIVE HUNDRED THOUSAND (RM1, 500,000.00) |
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IRIS KOTO (M) SDN. BHD’S SALE OF ITS ENTIRE 900 ORDINARY SHARES HELD IN IPE INSULATION (M) SDN. BHD. (“IPE”), REPRESENTING 90% EQUITY INTEREST IN IPE, FOR A TOTAL CASH CONSIDERATION OF RINGGIT MALAYSIA ONE MILLION FIVE HUNDRED THOUSAND (RM1, 500,000.00) ONLY UNDER A SHARE SALE AGREEMENT DATED 31st MARCH 2015
1. INTRODUCTION The Board of Directors of IRIS Corporation Berhad (“ICB”) wishes to announce that it’s subsidiary IRIS KOTO (M) Sdn. Bhd. (“IRIS KOTO”) had on 31st March, 2015 entered into a Share Sale Agreement (“SSA”) with the Purchasers for the sale of 900 ordinary shares representing 90% of the issued and allotted ordinary shares of IPE Insulation (M) Sdn Bhd (“IPE”) (hereinafter referred to as the “Sale Shares”) for a total cash consideration of Ringgit Malaysia One Million Five Hundred Thousand (RM1,500,000.00) only. (“Purchase Price”). 2. INFORMATION ON IPE INSULATION (M) SDN BHD (‘IPE”) IPE INSULATION (M) SDN. BHD. (Company No: 949085-K) is a company duly incorporated under the laws of Malaysia having its place of business at Lot 825 D & E, Kg Baru Sungai Buloh, 47000 Sungai Buloh, Selangor Darul Ehsan and is in the business of manufacturing, supplying and trading in styrofoam products and consumable parts. IPE has an authorized capital of RM1,000 divided into 1000 ordinary shares at the rate of RM1.00 each and a total paid up of RM1,000 to this date hereof. IRIS KOTO is the beneficial and registered owner of 900 ordinary shares of RM1.00 each representing 90% of IPE shareholdings and the remaining 100 representing 10% is held by the Second Purchaser. With the completion of the sale under this Share Sale Agreement IPE will cease to be a subsidiary of the IRIS Group. The Present Directors of IPE are:-
3. SALIENT TERMS The salient terms in the Agreement are as follows:- (I) IRIS KOTO agrees to sell and transfer 50% of IPE’s ordinary shares to the First Purchaser and the remaining 40% IPE ordinary shares to the Second Purchaser (the Sale Shares) and after the purchase the shareholding shall be as described below: -
(II) The Purchasers agree to pay IRIS KOTO a the total Purchase Consideration for the Sale Shares to the amount of RM1,500,000 in the agreed manner as described below and subject to and in accordance to the terms and conditions of this Agreement .
(III) Parties herein agree that notwithstanding payment of the Purchase Consideration at the value of RM1,500,000 IRIS KOTO has agreed to allow the Purchasers to retain the Identifiable Assets held in IPE valued to the sum of Malaysian Ringgit One Million Four Hundred Sixty Nine Thousand Three Hundred Fifty Eight and cents Sixty Four only (RM1,469,358.64) and Purchasers have agreed to repay the liabilities currently held in IPE valued to the sum of Ringgit Malaysia One Hundred Eighty Four Thousand Three Hundred Ninety Seven and cent Ninety Eight only(RM184,397.98) as part thereof the said Purchase Consideration. (IV) IRIS KOTO shall retain the Documents for safekeeping pending full payment of the Purchase Consideration by the Purchasers to IRIS KOTO. IRIS KOTO shall be responsible for all company secretarial matters to effect the transfer of the Share Sale upon the payment of the 1st Tranche by the Purchasers to IRIS KOTO rendering the First Purchaser and the Second Purchaser as the 50% shareholders respectively of IPE from that date thereof.(“Completion Date”) 4. FINANCIAL EFFECTS OF THE SALE OF SHARES The sale of the Sale Shares will not have any material effect on ICB’s earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings for the financial year ended on 31st March 2015. 5. APPROVAL REQUIRED The sale of Sale Shares is not subject to the approval of the shareholders of ICB or any relevant government authorities. 6. RATIONALE OF THE AGREEMENT The disposal will enable the ICB Group to realise the value of its investments and is line with its objective to dispose part of its immaterial non-core assets and to streamline its operations. 7. PROPOSED UTILISATION OF PROCEEDS The proceeds from the transaction will be utilised as working capital of the ICB Group. 8. HIGHEST PERCENTAGE RATIO The highest percentage ratio applicable to this Disposal pursuant to Rule 10 of the ACE Market Listing Requirements is 1.85%. 9. APPROVAL REQUIRED The proposed disposal is not subject to the approval of the shareholders of ICB. 10. DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTEREST None of the directors and substantial shareholders of the Company, or persons connected with them, have any interest, direct or indirect in the above transaction. 11. STATEMENT OF DIRECTORS The Directors of ICB, having considered all aspects of the disposal, are of the opinion that the transaction is in the best interest of the Company. 12. DEPARTURE FROM THE SECURITIES COMMISSION’S GUIDELINES To the best knowledge of the Board, the transaction has not departed from the Securities Commission’s Policies and Guidelines on Issues/ Offers of Securities. 13. DOCUMENTS FOR INSPECTION The Agreement shall be available for inspection at the registered office of ICB during office hours at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, and 59200 Kuala Lumpur for a period of three (3) months from the date of this announcement. This announcement is dated 13th May, 2015.
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DAYA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DAYA MATERIALS BERHAD ("DMB" or "the Company") PROPOSED DISPOSAL OF UP TO 50.0% EQUITY INTEREST IN DAYA CMT SDN BHD (DCMT) COMPRISING THE: (I) PROPOSED DISPOSAL OF 19.0% EQUITY INTEREST IN DCMT; AND (II) PROPOSED FURTHER DISPOSAL OF UP TO 31% EQ
| Company Name | DAYA MATERIALS BERHAD |
| Stock Name | DAYA |
| Date Announced | 13 May 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13052015-00053 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DAYA MATERIALS BERHAD ("DMB" or "the Company")
PROPOSED DISPOSAL OF UP TO 50.0% EQUITY INTEREST IN DAYA CMT SDN BHD (DCMT) COMPRISING THE:
(I) PROPOSED DISPOSAL OF 19.0% EQUITY INTEREST IN DCMT; AND
(II) PROPOSED FURTHER DISPOSAL OF UP TO 31% EQ |
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Reference is made to the announcement on 28 April 2015 in relation to the proposed disposal of 50.0% interest in Daya CMT Sdn Bhd (“Announcement”). For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the Announcement. On behalf of the Board of Directors of DMB (“Board”), Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that DMB had on 13 May 2015 received a supplemental letter from PPSB stating amongst others, that the call option notice dated 28 April 2015 (“Old Call Option Notice”), is with immediate effect cancelled, nullified and voided and is deemed not having been served (“Revised Letter from PPSB”). Upon further review of DCMT’s financing plans and requirements in the near term and the financial support it needs to execute its various projects, it has been mutually agreed between the two parties that PPSB will withdraw the Old Call Option Notice and embark on the Proposed Disposal (as defined below) instead. DMB had on 13 May 2015 agreed and accepted the Revised Letter from PPSB. Pursuant to the Revised Letter from PPSB: (i) The Company also received a call option notice from PPSB stating its intention to exercise the Revised Call Option requiring the Company to sell and transfer 1,520,000 DCMT Shares, representing 19.0% equity interest in DCMT, to PPSB for a disposal consideration of RM11.4 million based on the revised call option price of RM7.50 per DCMT Share (“Revised Call Option Price”) in accordance with the terms and conditions of the share sale agreement dated 28 April 2014 (“SSA”). (“Proposed Initial Disposal”); and (ii) Subsequent to the completion of the Proposed Initial Disposal, PPSB is still entitled to require DMB to sell and transfer the remaining Revised Call Option Shares of 2,480,000 DCMT Shares, representing 31.0% equity interest in DCMT, to PPSB at the Revised Call Option Price (“Proposed Further Disposal”). The Proposed Initial Disposal and the Proposed Further Disposal are collectively referred to as the “Proposed Disposal”. Upon completion of the Proposed Initial Disposal, DCMT will be a 51%-owned subsidiary of DMB and the balance 49.0% equity interest will be held by PPSB. The other salient terms and conditions of the Revised Letter from PPSB are as follows: (i) the Revised Letter from PPSB shall commit and bind PPSB to purchase and commit and bind DMB to sell the number of Revised Call Option Shares at the Revised Call Option Price, in accordance with the terms and conditions of the SSA; (ii) for the avoidance of doubt, subsequent to the completion of the aforesaid sale, pursuant to the Revised Call Option, PPSB are still entitled to require DMB to sell and transfer the remaining Revised Call Option Shares (being 2,480,000 DCMT Shares representing a further 31% equity interest in DCMT) to PPSB at the Revised Call Option Price. For the avoidance of doubt, pursuant to Clause 9(n) of the SSA, DMB has inter alia undertaken “to provide continued financial guarantees and support to all of DCMT’s existing and new banking facilities such that (i) existing facilities are not unduly withdrawn or terminated and (ii) new facilities can be secured”. The said undertaking remains valid and binding on DMB; and (iii) DMB agrees not to permit DCMT to declare and/or pay any dividends without PPSB’s written consent. All other terms and conditions of the SSA, the Letter from PPSB and the Call Option (as supplemented and revised by mutual agreement) remain unchanged. This announcement is dated 13 May 2015. |
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SMTRACK - Change in Audit Committee - RIZVI BIN ABDUL HALIM
| Company Name | SMTRACK BERHAD |
| Stock Name | SMTRACK |
| Date Announced | 13 May 2015 |
| Category | Change in Audit Committee |
| Reference Number | C02-13052015-00005 |
| Date of change | 13 May 2015 |
| Name | Encik RIZVI BIN ABDUL HALIM |
| Age | 46 |
| Nationality | Malaysia |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent and Non Executive |
| Composition of Audit Committee (Name and Directorate of members after change) | 1. Mr Chen Shien Yee - Chairman, Independent Non-Executive Director 2. Dr. Lim Boh Soon - Member, Independent Non-Executive Director 3. Dato' Sri Hj Mohamed Khalid Bin Yusuf @ Yusup - Member, Non-Independent Non-Executive Chairman 4. Encik Rizvi Bin Abdul Halim - Member, Independent Non-Executive Director |
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | FTSE BURSA MALAYSIA KLCI ETF |
| Stock Name | FBMKLCI-EA |
| Date Announced | 13 May 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13052015-00061 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | FTSE Bursa Malaysia KLCI etf - Valuation Point as at 13 May 2015 |
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Fund: FTSE Bursa Malaysia KLCI etf NAV per unit (RM): 1.8561 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: 1.803.02
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Please refer attachment below.
MAYBANK - Additional Listing Announcement
| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 13 May 2015 |
| Category | Additional Listing Announcement |
| Reference Number | ALA-13052015-00016 |
1. Details of Corporate Proposal |
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| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | ESOS |
| Details of corporate proposal | ESOS |
| No. of shares issued under this corporate proposal | 106,700 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 8.7500 |
| Par Value ($$) | Malaysian Ringgit (MYR) 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following |
|
| Units | 9,328,495,883 |
| Currency | Malaysian Ringgit (MYR) |
| Listing Date | 15 May 2015 |
2. Details of Corporate Proposal |
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| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | ESOS |
| Details of corporate proposal | ESOS |
| No. of shares issued under this corporate proposal | 85,800 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 8.8200 |
| Par Value ($$) | Malaysian Ringgit (MYR) 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following |
|
| Units | 9,328,581,683 |
| Currency | Malaysian Ringgit (MYR) |
| Listing Date | 15 May 2015 |
ASB - OTHERS ADVANCE SYNERGY BERHAD ("ASB") Announcement on the unaudited first quarter financial results by Captii Limited ("Captii"), an indirect 58.3%-owned subsidiary of ASB, to the Singapore Exchange Securities Trading Limited ("SGX")
| Company Name | ADVANCE SYNERGY BERHAD |
| Stock Name | ASB |
| Date Announced | 13 May 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07052015-00006 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ADVANCE SYNERGY BERHAD ("ASB")
Announcement on the unaudited first quarter financial results by Captii Limited ("Captii"), an indirect 58.3%-owned subsidiary of ASB, to the Singapore Exchange Securities Trading Limited ("SGX") |
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Pursuant to paragraph 9.19 (40) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), we wish to inform Bursa Securities that Captii, our subsidiary which is listed on the SGX, had on 13 May 2015 released their announcement on the unaudited first quarter financial results for the period ended 31 March 2015 to the SGX. Please refer to the attached file for the said announcement made by Captii to the SGX. This announcement is dated 13 May 2015. |
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Please refer attachment below.
KULIM - Notice of Shares Buy Back Immediate Announcement
| Company Name | KULIM (MALAYSIA) BERHAD |
| Stock Name | KULIM |
| Date Announced | 13 May 2015 |
| Category | Notice of Shares Buy Back Immediate Announcement |
| Reference Number | SB1-08052015-00007 |
| Date of buy back | 13 May 2015 |
| Description of shares purchased | Ordinary shares of RM0.25 each |
| Currency | Malaysian Ringgit (MYR) |
| Total number of shares purchased (units) | 90,000 |
| Minimum price paid for each share purchased ($$) | 2.570 |
| Maximum price paid for each share purchased ($$) | 2.580 |
| Total consideration paid ($$) | |
| Number of shares purchased retained in treasury (units) | |
| Number of shares purchased which are proposed to be cancelled (units) | |
| Cumulative net outstanding treasury shares as at to-date (units) | |
| Adjusted issued capital after cancellation (no. of shares) (units) |
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| Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%) | 0.33000 |
GAB - Quarterly rpt on consolidated results for the financial period ended 31/03/2015
| Company Name | GUINNESS ANCHOR BERHAD |
| Stock Name | GAB |
| Date Announced | 13 May 2015 |
| Category | Financial Results |
| Reference Number | FRA-13052015-00014 |
| Financial Year End | 30 Jun 2015 |
| Quarter | 3 Qtr |
| Quarterly report for the financial period ended | 31 Mar 2015 |
| The figures | have not been audited |
| Remarks : |
This announcement is dated 13 May 2015. |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION
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INDIVIDUAL PERIOD
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CUMULATIVE PERIOD
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CURRENT YEAR QUARTER
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PRECEDING YEAR CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
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PRECEDING YEAR CORRESPONDING PERIOD |
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31 Mar 2015
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31 Mar 2014
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31 Mar 2015
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31 Mar 2014
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$$'000
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$$'000
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$$'000
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$$'000
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| 1 | Revenue |
437,334
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372,551
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1,351,264
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1,197,717
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| 2 | Profit/(loss) before tax |
52,605
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47,412
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226,891
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201,717
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| 3 | Profit/(loss) for the period |
39,455
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35,558
|
170,169
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151,270
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| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
39,455
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35,558
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170,169
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151,270
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| 5 | Basic earnings/(loss) per share (Subunit) |
13.06
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11.77
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56.33
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50.07
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| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
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0.00
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20.00
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20.00
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AS AT END OF CURRENT QUARTER
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AS AT PRECEDING FINANCIAL YEAR END
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| 7 |
Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.3000
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1.1800
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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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
HLIND - Changes in Sub. S-hldr's Int. (29B) - KWEK LENG KEE
| Company Name | HONG LEONG INDUSTRIES BERHAD |
| Stock Name | HLIND |
| Date Announced | 13 May 2015 |
| Category | Change in Substantial Shareholders Interest Pursuant to Form 29B |
| Reference Number | CS2-13052015-00018 |
Particulars of substantial Securities Holder
| Name | KWEK LENG KEE |
| Address |
1B Dalvey Estate
259552 Singapore. |
| NRIC/Passport No/Company No. | S0081561F |
| Nationality/Country of incorporation | Singapore |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | HLIB Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities |
Price Transacted (RM) |
| Disposed | 05 May 2015 | 26,600 |
| Circumstances by reason of which change has occurred | Deemed interest |
| Nature of interest | Deemed interest |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Total no of securities after change | 242,848,003 |
| Date of notice | 12 May 2015 |
| Remarks : |
This announcement is dated 13 May 2015. |
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