IVORY - Initial Public Offering
Announcement Type: Initial Public Offering (IPO)
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: IVORY PROPERTIES GROUP BERHAD
Stock Name: IVORY
Date Announced: 26/07/2010
Announcement Detail:
Date of listing: 28/07/2010
Units: 186,000,000
Currency: MYR 93,000,000.000
Par Value ($$): MYR 0.500
Stock code: 5175
Stock name: IVORY
ISIN code: MYL5175OO004
Board: Main Market
Sector: PROPERTIES
Submitting Merchant Bank: AMINVESTMENT BANK BERHAD
Company Name: IVORY PROPERTIES GROUP BERHAD
Stock Name: IVORY
Date Announced: 26/07/2010
Announcement Detail:
Date of listing: 28/07/2010
Units: 186,000,000
Currency: MYR 93,000,000.000
Par Value ($$): MYR 0.500
Stock code: 5175
Stock name: IVORY
ISIN code: MYL5175OO004
Board: Main Market
Sector: PROPERTIES
EBWORX - Notice of Shares Buy Back by a Company pursuant to Form 28A
Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company Name: EBWORX BERHAD (ACE Market)
Stock Name: EBWORX
Date Announced: 26/07/2010
Announcement Detail:
Date of buy back from: 12/07/2010
Date of buy back to: 22/07/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 55,000
Minimum price paid for each share purchased ($$): 0.300
Maximum price paid for each share purchased ($$): 0.305
Total amount paid for shares purchased ($$): 16,600.00
The name of the stock exchange through which the shares were purchased: Bursa Securities Malaysia Berhad
Number of shares purchased retained in treasury (units): 55,000
Total number of shares retained in treasury (units): 8,913,500
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: N/A
Date lodged with registrar of companies: 26/07/2010
Lodged by: Tricor Corporate Services Sdn Bhd (formerly known as PFA Malaysia Sdn Bhd)
Company Name: EBWORX BERHAD (ACE Market)
Stock Name: EBWORX
Date Announced: 26/07/2010
Announcement Detail:
Date of buy back from: 12/07/2010
Date of buy back to: 22/07/2010
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 55,000
Minimum price paid for each share purchased ($$): 0.300
Maximum price paid for each share purchased ($$): 0.305
Total amount paid for shares purchased ($$): 16,600.00
The name of the stock exchange through which the shares were purchased: Bursa Securities Malaysia Berhad
Number of shares purchased retained in treasury (units): 55,000
Total number of shares retained in treasury (units): 8,913,500
Number of shares purchased which were cancelled (units): 0
Total issued capital as diminished: N/A
Date lodged with registrar of companies: 26/07/2010
Lodged by: Tricor Corporate Services Sdn Bhd (formerly known as PFA Malaysia Sdn Bhd)
GPRO - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: GPRO TECHNOLOGIES BERHAD (ACE Market)
Stock Name: GPRO
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: GPRO TECHNOLOGIES BHD ("GPRO" OR THE "COMPANY")
�?� HEADS OF AGREEMENT IN RELATION TO THE ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL IN AB TECHNOLOGY (M) SDN BHD
Contents: M&A Securities Sdn Bhd on behalf of the Board of Directors of Gpro wishes to announce that the Company had on 26 July 2010 entered into a heads of agreement ("Heads of Agreement") with Grand Intergroup Sdn Bhd ("GISB") and Whatever Investment Pte Ltd ("WIPL") in relation to the proposed acquisition of the entire issued and paid-up share capital of AB Technology (M) Sdn Bhd ("AB Tech") for an indicative purchase consideration of RM140,000,000 to be satisfied by the issuance and allotment of new ordinary shares of RM0.10 each in Gpro at an issue price of RM0.10 each ("Proposed Transaction").
AB Tech is a company incorporated in Malaysia on 25 November 1996 with an authorised share capital of RM50,000,000 made up of 50,000,000 ordinary shares of RM1.00 each ("Share") of which 33,000,002 Shares ("Sale Shares") have been issued and are fully paid-up as at the date of this announcement. AB Tech's principal activity is that of manufacturing of injection mouldings.
AB Tech has one (1) subsidiary company, namely AB Technology (S) Pte Ltd, a company incorporated in Singapore with its principal activity being that of general dealer, importing and exporting. AB Tech does not have any associated company. AB Tech is in the process of acquiring from Teo Kwang Ek and Ho @ Hoo Thian Yen the entire issued and paid up share capital of MG Mutiara (M) Sdn Bhd with its principal activity being that of investment holding. The said acquisition will be completed prior to the completion of the Proposed Transaction.
GISB and WIPL (collectively, the "Controlling Vendors") are the legal, beneficial and/or registered owners of the controlling portion of the Sale Shares and are able to procure the sale of the entire Sale Shares to Gpro upon the terms and subject to the terms of the Heads of Agreement and the terms and conditions of a definitive agreement(s) to be agreed and executed by the Company and the vendors of the Sale Shares. The objective of the Heads of Agreement is to set out the understanding of the parties on the terms and conditions of the Proposed Transaction, for the time being pending the negotiation and finalization of the definitive agreement(s) which is to be entered into for the Proposed Transaction.
The salient terms of the Heads of Agreement include the following:-
(a) the parties to the Heads of Agreement agree to negotiate exclusively with each other and agree that
(i) the Controlling Vendors shall not enter into any discussions or negotiations in any manner whatsoever with any other third party towards the disposal or transfer of the Sale Shares (save in respect of any reorganisation of the shareholdings of the AB Tech to effect the Proposed Transaction) or in respect of the direct or indirect listing of AB tech nor enter into any discussions or negotiations or give access or information to any third party with a view to such discussions or negotiations; and
(ii) the Company shall not enter into any discussions or negotiations in any manner whatsoever with any other third party towards the acquisition of equity interest in any company whereby the consideration shall be satisfied by way of issuance and allotment of shares in the Company nor enter into any discussions or negotiations or give access or information to any third party with a view to such discussions or negotiations..
(b) the Company has the right to conduct legal and/or financial due diligence investigations in respect of all matters (including but not limited to financial, operational, management, accounting, legal matters and a valuation on AB Tech and its existing/proposed subsidiary companies ("AB Tech Group")) ("Valuation") to be conducted by professional advisor appointed by the Company ("Valuer") relating to the AB Tech Group ("Purchaser's Due Diligence") and the Company shall notify the Controlling Vendors in writing of the Purchaser's Due Diligence review results at any time before the expiry of the period of 3 months from the date of the Heads of Agreement or such other period mutually agreed ("Prescribed Period for Due Diligence").
(c) the Controlling Vendors have a right to conduct legal and/or financial due diligence investigations in respect of all matters (including but not limited to financial, operational, management, accounting and legal matters) relating to Gpro group of companies ("Vendors' Due Diligence") and the Controlling Vendors shall notify the Company in writing of the Vendors' Due Diligence review results at any time before the expiry of the Prescribed Period for Due Diligence.
(d) the definitive agreement(s) in relation to the Proposed Transaction ("Definitive Agreement(s)") shall be executed within one (1) month upon the following events taking place or such other date to be mutually agreed:-
(i) the Company and the Controlling Vendors being reasonably satisfied within the Prescribed Period for Due Diligence that the results of the Purchaser's Due Diligence and Vendors' Due Diligence do not reveal any matter which would materially and adversely affect the interests of the Company and the Controlling Vendors respectively; and
(ii) the result of Valuation is to the satisfaction of the Company or in the event of that the purchase consideration for the Proposed Transaction exceed the final valuation range as determined by the Valuer ("Unsatisfactory Matter"), such Unsatisfactory Matter shall be amicably resolved within 21 days from the receipt of notice on the Unsatisfactory Matter or such other period as the parties may mutually agree.
A detailed announcement on the Proposed Transaction will be made upon the execution of the Definitive Agreement(s).
The Heads of Agreement may be inspected at the registered office of Gpro at No. 29,31 and 33 Jalan Hang Tuah 4, Taman Muhibbah, 86000 Kluang, Johor Darul Takzim during normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement.
This announcement is dated 26 July 2010.
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: GPRO TECHNOLOGIES BERHAD (ACE Market)
Stock Name: GPRO
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: GPRO TECHNOLOGIES BHD ("GPRO" OR THE "COMPANY")
�?� HEADS OF AGREEMENT IN RELATION TO THE ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL IN AB TECHNOLOGY (M) SDN BHD
Contents: M&A Securities Sdn Bhd on behalf of the Board of Directors of Gpro wishes to announce that the Company had on 26 July 2010 entered into a heads of agreement ("Heads of Agreement") with Grand Intergroup Sdn Bhd ("GISB") and Whatever Investment Pte Ltd ("WIPL") in relation to the proposed acquisition of the entire issued and paid-up share capital of AB Technology (M) Sdn Bhd ("AB Tech") for an indicative purchase consideration of RM140,000,000 to be satisfied by the issuance and allotment of new ordinary shares of RM0.10 each in Gpro at an issue price of RM0.10 each ("Proposed Transaction").
AB Tech is a company incorporated in Malaysia on 25 November 1996 with an authorised share capital of RM50,000,000 made up of 50,000,000 ordinary shares of RM1.00 each ("Share") of which 33,000,002 Shares ("Sale Shares") have been issued and are fully paid-up as at the date of this announcement. AB Tech's principal activity is that of manufacturing of injection mouldings.
AB Tech has one (1) subsidiary company, namely AB Technology (S) Pte Ltd, a company incorporated in Singapore with its principal activity being that of general dealer, importing and exporting. AB Tech does not have any associated company. AB Tech is in the process of acquiring from Teo Kwang Ek and Ho @ Hoo Thian Yen the entire issued and paid up share capital of MG Mutiara (M) Sdn Bhd with its principal activity being that of investment holding. The said acquisition will be completed prior to the completion of the Proposed Transaction.
GISB and WIPL (collectively, the "Controlling Vendors") are the legal, beneficial and/or registered owners of the controlling portion of the Sale Shares and are able to procure the sale of the entire Sale Shares to Gpro upon the terms and subject to the terms of the Heads of Agreement and the terms and conditions of a definitive agreement(s) to be agreed and executed by the Company and the vendors of the Sale Shares. The objective of the Heads of Agreement is to set out the understanding of the parties on the terms and conditions of the Proposed Transaction, for the time being pending the negotiation and finalization of the definitive agreement(s) which is to be entered into for the Proposed Transaction.
The salient terms of the Heads of Agreement include the following:-
(a) the parties to the Heads of Agreement agree to negotiate exclusively with each other and agree that
(i) the Controlling Vendors shall not enter into any discussions or negotiations in any manner whatsoever with any other third party towards the disposal or transfer of the Sale Shares (save in respect of any reorganisation of the shareholdings of the AB Tech to effect the Proposed Transaction) or in respect of the direct or indirect listing of AB tech nor enter into any discussions or negotiations or give access or information to any third party with a view to such discussions or negotiations; and
(ii) the Company shall not enter into any discussions or negotiations in any manner whatsoever with any other third party towards the acquisition of equity interest in any company whereby the consideration shall be satisfied by way of issuance and allotment of shares in the Company nor enter into any discussions or negotiations or give access or information to any third party with a view to such discussions or negotiations..
(b) the Company has the right to conduct legal and/or financial due diligence investigations in respect of all matters (including but not limited to financial, operational, management, accounting, legal matters and a valuation on AB Tech and its existing/proposed subsidiary companies ("AB Tech Group")) ("Valuation") to be conducted by professional advisor appointed by the Company ("Valuer") relating to the AB Tech Group ("Purchaser's Due Diligence") and the Company shall notify the Controlling Vendors in writing of the Purchaser's Due Diligence review results at any time before the expiry of the period of 3 months from the date of the Heads of Agreement or such other period mutually agreed ("Prescribed Period for Due Diligence").
(c) the Controlling Vendors have a right to conduct legal and/or financial due diligence investigations in respect of all matters (including but not limited to financial, operational, management, accounting and legal matters) relating to Gpro group of companies ("Vendors' Due Diligence") and the Controlling Vendors shall notify the Company in writing of the Vendors' Due Diligence review results at any time before the expiry of the Prescribed Period for Due Diligence.
(d) the definitive agreement(s) in relation to the Proposed Transaction ("Definitive Agreement(s)") shall be executed within one (1) month upon the following events taking place or such other date to be mutually agreed:-
(i) the Company and the Controlling Vendors being reasonably satisfied within the Prescribed Period for Due Diligence that the results of the Purchaser's Due Diligence and Vendors' Due Diligence do not reveal any matter which would materially and adversely affect the interests of the Company and the Controlling Vendors respectively; and
(ii) the result of Valuation is to the satisfaction of the Company or in the event of that the purchase consideration for the Proposed Transaction exceed the final valuation range as determined by the Valuer ("Unsatisfactory Matter"), such Unsatisfactory Matter shall be amicably resolved within 21 days from the receipt of notice on the Unsatisfactory Matter or such other period as the parties may mutually agree.
A detailed announcement on the Proposed Transaction will be made upon the execution of the Definitive Agreement(s).
The Heads of Agreement may be inspected at the registered office of Gpro at No. 29,31 and 33 Jalan Hang Tuah 4, Taman Muhibbah, 86000 Kluang, Johor Darul Takzim during normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement.
This announcement is dated 26 July 2010.
MEMS - MEMS TECHNOLOGY BERHAD ("MEMSTECH" or "THE COMPANY") -NOTICE OF NINTH ANNUAL GENERAL MEETING
Announcement Type: General Announcement
Company Name: MEMS TECHNOLOGY BERHAD (ACE Market)
Stock Name: MEMS
Date Announced: 26/07/2010
Announcement Detail:
Regularisation Sponsor: AmInvestment Bank Bhd
Sponsor: Same as above
Type: Announcement
Subject: MEMS TECHNOLOGY BERHAD ("MEMSTECH" or "THE COMPANY")
-NOTICE OF NINTH ANNUAL GENERAL MEETING
Contents: The Board of Directors of Memstech wishes to announce that the Ninth Annual General Meeting ("AGM") of the Company will be held at the Auditorium of Bangunan C, Peremba Square, Saujana Resort, Section U2, 40150 Shah Alam, Selangor Darul Ehsan on Wednesday, 18 August 2010 at 10.00 a.m.
The notice of the AGM is attached herewith for your attention. The said notice will be published in "The New Straits Times" on 27 July 2010.
This announcement is dated 26 July 2010.
Attachments: Notice of AGM..pdf
Company Name: MEMS TECHNOLOGY BERHAD (ACE Market)
Stock Name: MEMS
Date Announced: 26/07/2010
Announcement Detail:
Regularisation Sponsor: AmInvestment Bank Bhd
Sponsor: Same as above
Type: Announcement
Subject: MEMS TECHNOLOGY BERHAD ("MEMSTECH" or "THE COMPANY")
-NOTICE OF NINTH ANNUAL GENERAL MEETING
Contents: The Board of Directors of Memstech wishes to announce that the Ninth Annual General Meeting ("AGM") of the Company will be held at the Auditorium of Bangunan C, Peremba Square, Saujana Resort, Section U2, 40150 Shah Alam, Selangor Darul Ehsan on Wednesday, 18 August 2010 at 10.00 a.m.
The notice of the AGM is attached herewith for your attention. The said notice will be published in "The New Straits Times" on 27 July 2010.
This announcement is dated 26 July 2010.
Attachments: Notice of AGM..pdf
REXIT - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: REXIT BERHAD (ACE Market)
Stock Name: REXIT
Date Announced: 26/07/2010
Announcement Detail:
Date of buy back: 26/07/2010
Description of shares purchased: ORDINARY SHARES OF RM 0.10 EACH
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 50,000
Minimum price paid for each share purchased ($$): 0.480
Maximum price paid for each share purchased ($$): 0.480
Total consideration paid ($$): 24,175.20
Number of shares purchased retained in treasury (units): 50,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,893,000
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.53
Company Name: REXIT BERHAD (ACE Market)
Stock Name: REXIT
Date Announced: 26/07/2010
Announcement Detail:
Date of buy back: 26/07/2010
Description of shares purchased: ORDINARY SHARES OF RM 0.10 EACH
Currency: Malaysian Ringgit (MYR)
Total number of shares purchased (units): 50,000
Minimum price paid for each share purchased ($$): 0.480
Maximum price paid for each share purchased ($$): 0.480
Total consideration paid ($$): 24,175.20
Number of shares purchased retained in treasury (units): 50,000
Number of shares purchased which are proposed to be cancelled (units): 0
Cumulative net outstanding treasury shares as at to-date (units): 2,893,000
Adjusted issued capital after cancellation (no. of shares) (units): 0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 1.53
IOICORP - General Announcement
Announcement Type: General Announcement
Company Name: IOI CORPORATION BERHAD
Stock Name: IOICORP
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Dealings by Director in the Securities of IOI Corporation Berhad ("IOI" or "the Company") during Closed Period
Contents: The following Director has given notice of his intention to deal (direct or indirect) in the securities of the Company during the closed period pending an announcement of IOI's financial results for the 4th quarter ended 30 June 2010 and his current holdings of the securities is as follows:-
Company Name: IOI CORPORATION BERHAD
Stock Name: IOICORP
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: Proposed Dealings by Director in the Securities of IOI Corporation Berhad ("IOI" or "the Company") during Closed Period
Contents: The following Director has given notice of his intention to deal (direct or indirect) in the securities of the Company during the closed period pending an announcement of IOI's financial results for the 4th quarter ended 30 June 2010 and his current holdings of the securities is as follows:-
KRETAM - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: KRETAM HOLDINGS BERHAD
Stock Name: KRETAM
Date Announced: 26/07/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 2
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: KRETAM HOLDINGS BERHAD
Stock Name: KRETAM
Date Announced: 26/07/2010
Announcement Detail:
Financial Year End: 31/12/2010
Quarter: 2
Quarterly report for the financial period ended: 30/06/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
KULIM - STATISTICAL DATA FOR THE MONTH OF JUNE 2010
Announcement Type: General Announcement
Company Name: KULIM (MALAYSIA) BERHAD
Stock Name: KULIM
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: STATISTICAL DATA FOR THE MONTH OF JUNE 2010
Contents: The statistical data for the month of June 2010 is as per attachment.
Attachments: Kulim Crop Stats - June 10.pdf
Company Name: KULIM (MALAYSIA) BERHAD
Stock Name: KULIM
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: STATISTICAL DATA FOR THE MONTH OF JUNE 2010
Contents: The statistical data for the month of June 2010 is as per attachment.
Attachments: Kulim Crop Stats - June 10.pdf
HARBOUR - General Announcement
Announcement Type: General Announcement
Company Name: HARBOUR-LINK GROUP BERHAD
Stock Name: HARBOUR
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: HARBOUR-LINK GROUP BERHAD
- Increase in Paid-Up Capital of Harbour Ivory Sdn. Bhd. (Company No. 738249-M)
Contents: The Board of Directors of Harbour Link Group Berhad ("Harbour-Link") wishes to announce that Harbour Ivory Sdn. Bhd., a wholly-owned subsidiary of Harbour-Link had on 26th July 2010, increased its paid-up share capital from RM2.00 to RM2,500,000.00 via an issuance of RM2,499,998 new ordinary shares of RM1.00 each.
Attachments: HARBOUR-General Annoucement(26.07.2010).doc
Company Name: HARBOUR-LINK GROUP BERHAD
Stock Name: HARBOUR
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: HARBOUR-LINK GROUP BERHAD
- Increase in Paid-Up Capital of Harbour Ivory Sdn. Bhd. (Company No. 738249-M)
Contents: The Board of Directors of Harbour Link Group Berhad ("Harbour-Link") wishes to announce that Harbour Ivory Sdn. Bhd., a wholly-owned subsidiary of Harbour-Link had on 26th July 2010, increased its paid-up share capital from RM2.00 to RM2,500,000.00 via an issuance of RM2,499,998 new ordinary shares of RM1.00 each.
Attachments: HARBOUR-General Annoucement(26.07.2010).doc
LIONCOR - Intention to Deal in Securities by Principal Officers during Closed Period
Announcement Type: General Announcement
Company Name: LION CORPORATION BERHAD
Stock Name: LIONCOR
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: Intention to Deal in Securities by Principal Officers during Closed Period
Contents: The Company is now in a closed period for dealings in its securities by its Directors and principal officers pending the announcement of its results for the fourth quarter ended 30 June 2010.
The Company has today received a notification from Mr Tan Sin Chun, a principal officer of the Company, of his intention to deal in the securities of the Company during closed period.
Mr Tan's current direct and indirect shareholdings in the Company are as set out in Table 1 hereunder.
Company Name: LION CORPORATION BERHAD
Stock Name: LIONCOR
Date Announced: 26/07/2010
Announcement Detail:
Type: Announcement
Subject: Intention to Deal in Securities by Principal Officers during Closed Period
Contents: The Company is now in a closed period for dealings in its securities by its Directors and principal officers pending the announcement of its results for the fourth quarter ended 30 June 2010.
The Company has today received a notification from Mr Tan Sin Chun, a principal officer of the Company, of his intention to deal in the securities of the Company during closed period.
Mr Tan's current direct and indirect shareholdings in the Company are as set out in Table 1 hereunder.
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