IRIS - Shares Transaction by Principal Officer
Announcement Type: General Announcement
Company Name: IRIS CORPORATION BERHAD (ACE Market)
Stock Name: IRIS
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: Shares Transaction by Principal Officer
Contents: Shares Transactions by Principal Officer
Company Name: IRIS CORPORATION BERHAD (ACE Market)
Stock Name: IRIS
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: Shares Transaction by Principal Officer
Contents: Shares Transactions by Principal Officer
INGENS - INGENUITY SOLUTIONS BERHAD - RECURRENT RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: INGENUITY SOLUTIONS BERHAD (ACE Market)
Stock Name: INGENS
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: INGENUITY SOLUTIONS BERHAD
- RECURRENT RELATED PARTY TRANSACTIONS
Contents: At the Sixth Annual General Meeting of Ingenuity Solutions Berhad ("ISB" or "the Company") duly held on 25th September 2009, the Company had obtained its shareholders' mandate pursuant to Rule 10.09 of the Listing Requirements of Bursa Malaysia Securities Berhad for ACE Market in respect of recurrent related party transactions of a revenue or trading nature which are necessary for the day-to-day operations of the ISB Group entered into by the ISB Group with related parties based on the terms as set out in the Circular to Shareholders of ISB dated 3rd September 2009 ("Mandate").
ISB wishes to announce that the following two recurrent transactions have been entered into at value exceeding the approved limit under the Mandate:-
ISB Group : Ingenuity Microsystems Sdn Bhd ("IMSB")
Transaction Party : Boustead Petroleum Marketing Sdn Bhd
Nature of Transaction : Provision of IT maintenance services, software development and hardware supply by IMSB.
Estimated value (from 25.9.2009 to 30.9.10) approved in Mandate : RM150,00.00
Actual value from 25.9.09 to 31.5.10 : RM213,300.00
Deviation : RM63,300.00 (42.2%)
Reason : The estimated value assumed that IMSB would only on the software maintenance contract. However, the Company was requested to do additional software development work during the year to enhance the existing software system and thus, increase in yearly maintenance fee.
ISB Group : Reliance Computer Centre Sdn Bhd ("RCC")
Transaction Party : Subsidiaries of Reliance Pacific Berhad and companies related to major shareholder of Reliance Pacific Berhad ("RPB Group")
Nature of Transaction : Provision of IT consultancy, services and hardware supply by RCC.
Estimated value (from 25.9.2009 to 30.9.10) approved in Mandate : RM300,000.00
Actual value from 25.9.09 to 31.3.10 : RM546,019.00
Deviation : RM246,019.00 (82%)
Reason : The deviation in transaction between RCC and RPB Group was due to the increase in sales (one-off) of hardware, server and software licenses during the year.
The ISB Board reiterated that in accordance with the terms and procedures prescribed by the Mandate, all transactions were at all times undertaken in an arm's length basis, on normal commercial terms and were on terms not more favourable to the related parties than those generally available to the public and were not prejudicial to the minority shareholders.
This announcement is dated 16th August 2010.
Company Name: INGENUITY SOLUTIONS BERHAD (ACE Market)
Stock Name: INGENS
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: INGENUITY SOLUTIONS BERHAD
- RECURRENT RELATED PARTY TRANSACTIONS
Contents: At the Sixth Annual General Meeting of Ingenuity Solutions Berhad ("ISB" or "the Company") duly held on 25th September 2009, the Company had obtained its shareholders' mandate pursuant to Rule 10.09 of the Listing Requirements of Bursa Malaysia Securities Berhad for ACE Market in respect of recurrent related party transactions of a revenue or trading nature which are necessary for the day-to-day operations of the ISB Group entered into by the ISB Group with related parties based on the terms as set out in the Circular to Shareholders of ISB dated 3rd September 2009 ("Mandate").
ISB wishes to announce that the following two recurrent transactions have been entered into at value exceeding the approved limit under the Mandate:-
ISB Group : Ingenuity Microsystems Sdn Bhd ("IMSB")
Transaction Party : Boustead Petroleum Marketing Sdn Bhd
Nature of Transaction : Provision of IT maintenance services, software development and hardware supply by IMSB.
Estimated value (from 25.9.2009 to 30.9.10) approved in Mandate : RM150,00.00
Actual value from 25.9.09 to 31.5.10 : RM213,300.00
Deviation : RM63,300.00 (42.2%)
Reason : The estimated value assumed that IMSB would only on the software maintenance contract. However, the Company was requested to do additional software development work during the year to enhance the existing software system and thus, increase in yearly maintenance fee.
ISB Group : Reliance Computer Centre Sdn Bhd ("RCC")
Transaction Party : Subsidiaries of Reliance Pacific Berhad and companies related to major shareholder of Reliance Pacific Berhad ("RPB Group")
Nature of Transaction : Provision of IT consultancy, services and hardware supply by RCC.
Estimated value (from 25.9.2009 to 30.9.10) approved in Mandate : RM300,000.00
Actual value from 25.9.09 to 31.3.10 : RM546,019.00
Deviation : RM246,019.00 (82%)
Reason : The deviation in transaction between RCC and RPB Group was due to the increase in sales (one-off) of hardware, server and software licenses during the year.
The ISB Board reiterated that in accordance with the terms and procedures prescribed by the Mandate, all transactions were at all times undertaken in an arm's length basis, on normal commercial terms and were on terms not more favourable to the related parties than those generally available to the public and were not prejudicial to the minority shareholders.
This announcement is dated 16th August 2010.
INGENS - General Announcement
Announcement Type: General Announcement
Company Name: INGENUITY SOLUTIONS BERHAD (ACE Market)
Stock Name: INGENS
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: PROPOSED SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ["PROPOSED MANDATE"]
Contents: At the Sixth Annual General Meeting of Ingenuity Solutions Berhad ("ISB" or "the Company") duly held on 25th September 2009, the Company had obtained its shareholders' mandate in respect of recurrent related party transactions of a revenue or trading nature which are necessary for the day-to-day operations of ISB Group entered into by ISB Group with related parties based on the terms set out in the Circular to Shareholders of ISB dated 3rd september 2009.
The Mandate is expected to expire at the conclusion of the forthcoming Seventh Annual General Meeting ("AGM") of the Company.
The Board of Directors of ISB wishes to announce that the Company intends to seek the approval of its shareholders for the Proposed Mandate at the forthcoming AGM.
The Circular to Shareholders containing information on the Proposed Mandate will be despatched to the Shareholders of the Company in due course.
Company Name: INGENUITY SOLUTIONS BERHAD (ACE Market)
Stock Name: INGENS
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: PROPOSED SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ["PROPOSED MANDATE"]
Contents: At the Sixth Annual General Meeting of Ingenuity Solutions Berhad ("ISB" or "the Company") duly held on 25th September 2009, the Company had obtained its shareholders' mandate in respect of recurrent related party transactions of a revenue or trading nature which are necessary for the day-to-day operations of ISB Group entered into by ISB Group with related parties based on the terms set out in the Circular to Shareholders of ISB dated 3rd september 2009.
The Mandate is expected to expire at the conclusion of the forthcoming Seventh Annual General Meeting ("AGM") of the Company.
The Board of Directors of ISB wishes to announce that the Company intends to seek the approval of its shareholders for the Proposed Mandate at the forthcoming AGM.
The Circular to Shareholders containing information on the Proposed Mandate will be despatched to the Shareholders of the Company in due course.
BAHVEST - BORNEO AQUA HARVEST BERHAD DEALING IN SECURITIES OF BORNEO AQUA HARVEST BERHAD DURING CLOSED PERIOD
Announcement Type: General Announcement
Company Name: BORNEO AQUA HARVEST BERHAD (ACE Market)
Stock Name: BAHVEST
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: BORNEO AQUA HARVEST BERHAD
DEALING IN SECURITIES OF BORNEO AQUA HARVEST BERHAD DURING CLOSED PERIOD
Contents: DEALING IN SECURITIES OF BORNEO AQUA HARVEST BERHAD DURING CLOSED PERIOD
Company Name: BORNEO AQUA HARVEST BERHAD (ACE Market)
Stock Name: BAHVEST
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: BORNEO AQUA HARVEST BERHAD
DEALING IN SECURITIES OF BORNEO AQUA HARVEST BERHAD DURING CLOSED PERIOD
Contents: DEALING IN SECURITIES OF BORNEO AQUA HARVEST BERHAD DURING CLOSED PERIOD
CONNECT - General Announcement
Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: CONNECTCOUNTY HOLDINGS BERHAD (ACE Market)
Stock Name: CONNECT
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: CONNECTCOUNTY HOLDINGS BERHAD ("CCHB" OR "THE COMPANY")
(A) PROPOSED CAPITAL REDUCTION
(B) PROPOSED RIGHTS ISSUE
(C) PROPOSED EXEMPTIONS
(COLLECTIVELY REFERRED TO AS "PROPOSALS")
Contents: Further to the announcement dated 5 August 2010 in relation to the above matter, M&A Securities Sdn Bhd ("M&A Securities") wishes to announce that the Securities Commission ("SC") had vide its letter dated 16 August 2010 stated that the Proposed Exemption will only be considered upon the fulfillment of the following conditions:-
(i) Approval from the independent holders of voting shares of CCHB, on a poll in a general meeting in which the interested parties are to abstain from voting. The result of the poll is to be confirmed by an independent auditor. M&A Securities, Ang Chuang Juay ("ACJ") and person acting in concert with him ("PAC") have to confirm that the interested parties have abstained from voting in the general meeting in considering the Proposed Exemption. M&A Securities is required to submit the name of the parties that abstained from voting in the general meeting;
(ii) Provision is made for the shareholders of CCHB for competent independent advice regarding the Proposed Exemption. The independent advice circular to the shareholders must be approved by the SC;
(iii) ACJ and the PAC are to submit declarations (to be furnished after the general meeting) addressed to the SC attesting that they have not purchased shares in CCHB subsequent to the discussion in relation to the Proposals and will not purchase any CCHB shares and/or convertible securities until the granting of the Proposed Exemption by the SC, if so decided and until the completion of conversion of the CCHB warrants; and
(iv) M&A Securities, ACJ and the PAC are required to provide of reasons for the substantial percentage of votes that are against and abstained from voting (excluding the abstinence by the interested parties) on the Proposed Exemption.
This announcement is dated 16 August 2010.
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: CONNECTCOUNTY HOLDINGS BERHAD (ACE Market)
Stock Name: CONNECT
Date Announced: 16/08/2010
Announcement Detail:
Type: Announcement
Subject: CONNECTCOUNTY HOLDINGS BERHAD ("CCHB" OR "THE COMPANY")
(A) PROPOSED CAPITAL REDUCTION
(B) PROPOSED RIGHTS ISSUE
(C) PROPOSED EXEMPTIONS
(COLLECTIVELY REFERRED TO AS "PROPOSALS")
Contents: Further to the announcement dated 5 August 2010 in relation to the above matter, M&A Securities Sdn Bhd ("M&A Securities") wishes to announce that the Securities Commission ("SC") had vide its letter dated 16 August 2010 stated that the Proposed Exemption will only be considered upon the fulfillment of the following conditions:-
(i) Approval from the independent holders of voting shares of CCHB, on a poll in a general meeting in which the interested parties are to abstain from voting. The result of the poll is to be confirmed by an independent auditor. M&A Securities, Ang Chuang Juay ("ACJ") and person acting in concert with him ("PAC") have to confirm that the interested parties have abstained from voting in the general meeting in considering the Proposed Exemption. M&A Securities is required to submit the name of the parties that abstained from voting in the general meeting;
(ii) Provision is made for the shareholders of CCHB for competent independent advice regarding the Proposed Exemption. The independent advice circular to the shareholders must be approved by the SC;
(iii) ACJ and the PAC are to submit declarations (to be furnished after the general meeting) addressed to the SC attesting that they have not purchased shares in CCHB subsequent to the discussion in relation to the Proposals and will not purchase any CCHB shares and/or convertible securities until the granting of the Proposed Exemption by the SC, if so decided and until the completion of conversion of the CCHB warrants; and
(iv) M&A Securities, ACJ and the PAC are required to provide of reasons for the substantial percentage of votes that are against and abstained from voting (excluding the abstinence by the interested parties) on the Proposed Exemption.
This announcement is dated 16 August 2010.
AIM - Change Of Company Secretary
Announcement Type: Change Of Company Secretary
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 16/08/2010
Announcement Detail:
Date of change: 16/08/2010
Type of change: Appointment
Designation: Joint Secretary
License no.: MAICSA 7018419
Name: Tan Ai Peng
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 16/08/2010
Announcement Detail:
Date of change: 16/08/2010
Type of change: Appointment
Designation: Joint Secretary
License no.: MAICSA 7018419
Name: Tan Ai Peng
AIM - Change Of Company Secretary
Announcement Type: Change Of Company Secretary
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 16/08/2010
Announcement Detail:
Date of change: 16/08/2010
Type of change: Appointment
Designation: Joint Secretary
License no.: MIA 16876
Name: Kuan Hui Fang
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 16/08/2010
Announcement Detail:
Date of change: 16/08/2010
Type of change: Appointment
Designation: Joint Secretary
License no.: MIA 16876
Name: Kuan Hui Fang
AIM - Change Of Company Secretary
Announcement Type: Change Of Company Secretary
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 16/08/2010
Announcement Detail:
Date of change: 16/08/2010
Type of change: Resignation
Designation: Secretary
License no.: MAICSA 0857004
Name: Janet Chee Wai Yen
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 16/08/2010
Announcement Detail:
Date of change: 16/08/2010
Type of change: Resignation
Designation: Secretary
License no.: MAICSA 0857004
Name: Janet Chee Wai Yen
AIM - Change of Address
Announcement Type: Change of Address
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 16/08/2010
Announcement Detail:
Change description: Registered
Old address: No. 52, 1st Floor, Jalan SS 21/58, Damansara Utama, 47400 Petaling Jaya, Selangor
New address: Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur
Telephone no: 03-2264 8888
Facsimile no: 03-2282 2733
Effective date: 16/08/2010
Company Name: ADVANCE INFORMATION MARKETING BERHAD (ACE Market)
Stock Name: AIM
Date Announced: 16/08/2010
Announcement Detail:
Change description: Registered
Old address: No. 52, 1st Floor, Jalan SS 21/58, Damansara Utama, 47400 Petaling Jaya, Selangor
New address: Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur
Telephone no: 03-2264 8888
Facsimile no: 03-2282 2733
Effective date: 16/08/2010
TEBRAU - Quarterly rpt on consolidated results for the financial period ended 30/6/2010
Announcement Type: Financial Results
Company Name: TEBRAU TEGUH BERHAD
Stock Name: TEBRAU
Date Announced: 16/08/2010
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: TEBRAU TEGUH BERHAD
Stock Name: TEBRAU
Date Announced: 16/08/2010
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)
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