March 17, 2011

Company announcements: WCT-WC, REDTONE, INGENS, AMPROP, BURSA, IOICORP, SDRED

WCT-WC - Profile for Warrants

Announcement Type: Listing Information & Profile
Submitting Merchant Bank: RHB INVESTMENT BANK BERHAD
Company Name: WCT BERHAD
Stock Name: WCT-WC
Date Announced: 17/03/2011

Announcement Detail:
Instrument Type: Warrants

Description: WCT-WC

Listing Date: 18/03/2011

Issue Date: 11/03/2011

Issue/ Ask Price: MYR 0.3400

Issue Size Indicator: Unit

Issue Size in Unit: 157,935,129

Maturity Date: 10/03/2016

Exercise/ Conversion Period: 5.00 Year(s)

Revised Exercise/ Conversion Period: 0.00

Exercise/Strike/Conversion Price: MYR 2.7500

Revised Exercise/Strike/Conversion Price: MYR 0.0000

Exercise/ Conversion Ratio: 1:1

Mode of satisfaction of Exercise/ Conversion price: Cash

Settlement Type/ Convertible into: Physical (Shares)

Remarks: Each WCT-WC entitles the registered holder to subscribe for one (1) new ordinary share of RM0.50 each in WCT Berhad at any time from the Issue Date up to the Maturity Date (both dates inclusive, hereinafter referred to as the "Exercise Period") at the Exercise Price subject to adjustments in accordance with the provisions of the deed poll dated 17 December 2010 constituting WCT-WC.

WCT-WC which are not exercised during the Exercise Period will lapse and thereafter cease to be valid for any other purpose.

This announcement is dated 17 March 2011.


REDTONE - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company Name: REDTONE INTERNATIONAL BERHAD (ACE Market)
Stock Name: REDTONE
Date Announced: 17/03/2011

Announcement Detail:
Date of buy back: 17/03/2011

Description of shares purchased: Ordinary shares of RM0.10 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 10,000

Minimum price paid for each share purchased ($$): 0.200

Maximum price paid for each share purchased ($$): 0.200

Total consideration paid ($$): 2,042.60

Number of shares purchased retained in treasury (units): 10,000

Number of shares purchased which are proposed to be cancelled (units): 0

Cumulative net outstanding treasury shares as at to-date (units): 1,157,200

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.26


INGENS - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: INGENUITY SOLUTIONS BERHAD (ACE Market)
Stock Name: INGENS
Date Announced: 17/03/2011

Announcement Detail:
Date of change: 17/03/2011

Type of change: Redesignation

Previous Position: Director

New Position: Chairman

Directorate: Independent & Non Executive

Name: AHMAD RUSLAN ZAHARI BIN DATO' DR. ZAKARIA

Age: 50

Nationality: Malaysian

Qualifications: BA Economics (Accounting & Financial Analysis), University of Newcastle-upon-Tyne, United Kingdom.

Working experience and occupation: In 1984, he started his career with Dias Jones & Partners, an audit firm in London. In 1986, he joined Merchants Business Growth Consulting, a pan-European marketing consulting company, where within 2 years he was Group Financial Controller. In 1993, he left Europe and joined what is now known as CIMB Investment Bank Berhad in the Corporate Finance department. In 1997, he assisted with the establishment of Commerce Asset Ventures Sdn. Bhd., the venture capital arm of CIMB Group. In 2000, he joined Clear Channel Communications, Inc. the leading global media company listed on the New York Stock Exchange as ASEAN Regional Development Director cum Managing Director of the Malaysian joint-venture operations. In 2005, he was VP, CEO's Office for Malaysia Debt Ventures Berhad, wholly owned by MoF Inc. Late 2005, he was appointed CEO of Terengganu Incorporated, a strategic investment holding organisation for the state. In 2008, he became the CEO of Armstrong Marine & Offshore Sdn. Bhd. an offshore & shipping investments, finance and project development. He is currently, since December 2009, CEO of Sungai Temau Mining (M) Sdn. Bhd., an iron ore mining company. He also sits on the board of CWorks Systems Berhad as an Independent Non-Executive Chairman and Chairman of its Audit Committee.

Directorship of public companies (if any): CWorks Systems Berhad

Family relationship with any director and/or major shareholder of the listed issuer: N/A

Any conflict of interests that he/she has with the listed issuer: N/A

Details of any interest in the securities of the listed issuer or its subsidiaries: N/A


AMPROP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Submitting Merchant Bank: N/A
Company Name: AMCORP PROPERTIES BERHAD
Stock Name: AMPROP
Date Announced: 17/03/2011

Announcement Detail:
Date of buy back: 17/03/2011

Description of shares purchased: Ordinary shares of RM0.50 each

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units): 18,600

Minimum price paid for each share purchased ($$): 0.385

Maximum price paid for each share purchased ($$): 0.390

Total consideration paid ($$): 7,306.21

Number of shares purchased retained in treasury (units): 18,600

Cumulative net outstanding treasury shares as at to-date (units): 1,962,300

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%): 0.34


BURSA - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: BURSA MALAYSIA BERHAD
Stock Name: BURSA
Date Announced: 17/03/2011

Announcement Detail:
Date of change: 01/04/2011

Type of change: Cessation

Designation: Non-Executive Director

Directorate: Independent & Non Executive

Name: Dato' Tajuddin bin Atan

Age: 51

Nationality: Malaysian

Qualifications: Bachelor of Science (Agribusiness) and Master of Business Administration

Working experience and occupation: In 1983, Dato' Tajuddin joined Bank Bumiputra Malaysia Berhad, where he held a number of senior positions, with a final position as Treasurer, Treasury Division of Bumiputra Commerce Bank Berhad. From July 2001 to September 2004 he was the Managing Director of Chase Perdana Berhad, and then joined Bank Simpanan Nasional as CEO from October 2004 to November 2007. He was the President/Group Managing Director of Bank Pembangunan Malaysia Berhad from December 2007 to April 2009.

Dato' Tajuddin has been the Managing Director of RHB Bank Berhad and Group Managing Director of RHB Capital Berhad since May 2009 and July 2009 respectively.

In addition to his directorship in public companies, he holds directorships in several private limited companies within RHB Capital Berhad Group, ASEAN Finance Corporation Limited, Malaysian Electronic Payment System Sdn Bhd and Financial Park (Labuan) Sdn Bhd.

Dato' Tajuddin is an independent non-executive director of Amanah Ikhtiar Malaysia where he currently chairs the Special Committee for the Urban Poor Micro Finance Programme. He is also a non-executive member of SME Corp Malaysia, as well as a Council Member of the Association of Banks in Malaysia and the Institut Bank-Bank Malaysia as well as an Adjunct Professor at the Faculty of Economics and Management of Universiti Putra Malaysia and the College of Arts and Sciences of Universiti Utara Malaysia.

Directorship of public companies (if any): RHB Capital Berhad, RHB Bank Berhad, RHB Bank (L) Ltd and RHB International Trust (L) Ltd

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil

Remarks: In conjunction with his appointment as CEO and Executive Director of Bursa Malaysia with effect from 1 April 2011, Dato' Tajuddin will cease to be the Non-Executive Director and Public Interest Director of Bursa Malaysia with effect from 1 April 2011, a position he has held since 14 July 2008, as appointed by the Minister of Finance pursuant to Section 10(1)(a) of the Capital Markets and Services Act 2007.

Dato' Tajuddin will relinquish his positions as Group Managing Director of RHB Capital Berhad and Managing Director of RHB Bank Berhad, as well as directorships of the relevant subsidiaries within RHB Capital Berhad group with effect from 31 March 2011.

This announcement is dated 17 March 2011.


BURSA - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: BURSA MALAYSIA BERHAD
Stock Name: BURSA
Date Announced: 17/03/2011

Announcement Detail:
Date of change: 01/04/2011

Type of change: Cessation

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Name: Dato' Tajuddin bin Atan

Age: 51

Nationality: Malaysian

Qualifications: Bachelor of Science (Agribusiness) and Master of Business Administration

Working experience and occupation: In 1983, Dato' Tajuddin joined Bank Bumiputra Malaysia Berhad, where he held a number of senior positions, with a final position as Treasurer, Treasury Division of Bumiputra Commerce Bank Berhad. From July 2001 to September 2004 he was the Managing Director of Chase Perdana Berhad, and then joined Bank Simpanan Nasional as CEO from October 2004 to November 2007. He was the President/Group Managing Director of Bank Pembangunan Malaysia Berhad from December 2007 to April 2009.

Dato' Tajuddin has been the Managing Director of RHB Bank Berhad and Group Managing Director of RHB Capital Berhad since May 2009 and July 2009 respectively.

In addition to his directorship in public companies, he holds directorships in several private limited companies within RHB Capital Berhad Group, ASEAN Finance Corporation Limited, Malaysian Electronic Payment System Sdn Bhd and Financial Park (Labuan) Sdn Bhd.

Dato' Tajuddin is an independent non-executive director of Amanah Ikhtiar Malaysia where he currently chairs the Special Committee for the Urban Poor Micro Finance Programme. He is also a non-executive member of SME Corp Malaysia, as well as a Council Member of the Association of Banks in Malaysia and the Institut Bank-Bank Malaysia as well as an Adjunct Professor at the Faculty of Economics and Management of Universiti Putra Malaysia and the College of Arts and Sciences of Universiti Utara Malaysia.

Directorship of public companies (if any): RHB Capital Berhad, RHB Bank Berhad, RHB Bank (L) Ltd and RHB International Trust (L) Ltd

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil

Composition of Audit Committee (Name and Directorate of members after change): 1. Dato' Sri Abdul Wahid bin Omar (Chairman) - Independent Non-Executive Director
2. Dato' Dr. Thillainathan a/l Ramasamy (Member) - Independent Non-Executive Director
3. Encik Izham bin Yusoff (Member) - Independent Non-Executive Director
4. Encik Cheah Tek Kuang (Member) - Independent Non-Executive Director

Remarks: In conjunction with his appointment as CEO and Executive Director of Bursa Malaysia with effect from 1 April 2011, Dato' Tajuddin will cease to be the Non-Executive Director and Public Interest Director of Bursa Malaysia with effect from 1 April 2011, a position he has held since 14 July 2008, as appointed by the Minister of Finance pursuant to Section 10(1)(a) of the Capital Markets and Services Act 2007.

In this regard, the appointment for Dato' Tajuddin as Audit Committee member since 23 July 2008 will also cease with effect from 1 April 2011.

This announcement is dated 17 March 2011.


BURSA - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: BURSA MALAYSIA BERHAD
Stock Name: BURSA
Date Announced: 17/03/2011

Announcement Detail:
Date of change: 01/04/2011

Type of change: Cessation

Designation: Director & Chief Exec. Officer

Directorate: Executive

Name: Dato' Yusli bin Mohamed Yusoff

Age: 52

Nationality: Malaysian

Qualifications: Bachelor of Economics, a member of the Institute of Chartered Accountants, England & Wales, the Malaysian Institute of Accountants, the Malaysian Institute of Certified Public Accountants as well as an Honorary Member of the Institute of Internal Auditors Malaysia

Working experience and occupation: Dato' Yusli began his career with Peat Marwick Mitchell & Co in London and has since held various key positions in a number of public listed and private companies in Malaysia, providing him with experience in property and infrastructure development, telecommunications, engineering and merchant banking. His career in stockbroking commenced in 2000, when he was appointed the Chief Executive Officer (CEO) of CIMB Securities Sdn Bhd. He also served as the Chairman of the Association of Stockbroking Companies of Malaysia from 2003 to 2004.

Occupation: CEO and Executive Director of Bursa Malaysia Berhad from 10 April 2004 to 31 March 2011

Directorship of public companies (if any): Bursa Malaysia Securities Berhad
Bursa Malaysia Derivatives Berhad
Bursa Malaysia Derivatives Clearing Berhad
Yayasan Bursa Malaysia
Labuan International Financial Exchange Inc.
Asian Institute of Finance Berhad

Family relationship with any director and/or major shareholder of the listed issuer: Board member of Capital Market Development Fund, which is substantial shareholder of Bursa Malaysia Berhad

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Direct Interest - 350,000 ordinary shares of RM0.50 each, representing 0.066% shareholding in Bursa Malaysia Berhad;
Deemed Interest - 105,000 ordinary shares of RM0.50 each, representing 0.02% shareholding in Bursa Malaysia Berhad.

Remarks: Dato' Yusli will relinquish his positions as CEO and Executive Director of Bursa Malaysia Berhad, as well as directorships of the relevant subsidiaries within Bursa Malaysia Berhad group with effect from 1 April 2011.

This announcement is dated 17 March 2011.


BURSA - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: BURSA MALAYSIA BERHAD
Stock Name: BURSA
Date Announced: 17/03/2011

Announcement Detail:
Date of change: 01/04/2011

Type of change: Appointment

Designation: Director & Chief Exec. Officer

Directorate: Executive

Name: Dato' Tajuddin bin Atan

Age: 51

Nationality: Malaysian

Qualifications: Bachelor of Science (Agribusiness) and Master of Business Administration

Working experience and occupation: In 1983, Dato' Tajuddin joined Bank Bumiputra Malaysia Berhad, where he held a number of senior positions, with a final position as Treasurer, Treasury Division of Bumiputra Commerce Bank Berhad. From July 2001 to September 2004 he was the Managing Director of Chase Perdana Berhad, and then joined Bank Simpanan Nasional as CEO from October 2004 to November 2007. He was the President/Group Managing Director of Bank Pembangunan Malaysia Berhad from December 2007 to April 2009.

Dato' Tajuddin has been the Managing Director of RHB Bank Berhad and Group Managing Director of RHB Capital Berhad since May 2009 and July 2009 respectively.

In addition to his directorship in public companies, he holds directorships in several private limited companies within RHB Capital Berhad Group, ASEAN Finance Corporation Limited, Malaysian Electronic Payment System Sdn Bhd and Financial Park (Labuan) Sdn Bhd.

Dato' Tajuddin is an independent non-executive director of Amanah Ikhtiar Malaysia where he currently chairs the Special Committee for the Urban Poor Micro Finance Programme. He is also a non-executive member of SME Corp Malaysia, as well as a Council Member of the Association of Banks in Malaysia and the Institut Bank-Bank Malaysia as well as an Adjunct Professor at the Faculty of Economics and Management of Universiti Putra Malaysia and the College of Arts and Sciences of Universiti Utara Malaysia.

Directorship of public companies (if any): RHB Capital Berhad, RHB Bank Berhad, RHB Bank (L) Ltd and RHB International Trust (L) Ltd

Family relationship with any director and/or major shareholder of the listed issuer: Nil

Any conflict of interests that he/she has with the listed issuer: Nil

Details of any interest in the securities of the listed issuer or its subsidiaries: Nil

Remarks: Dato' Tajuddin will relinquish his positions as Group Managing Director of RHB Capital Berhad and Managing Director of RHB Bank Berhad, as well as directorships of the relevant subsidiaries within RHB Capital Berhad group with effect from 31 March 2011.

This announcement is dated 17 March 2011.


IOICORP - General Announcement

Announcement Type: General Announcement
Company Name: IOI CORPORATION BERHAD
Stock Name: IOICORP
Date Announced: 17/03/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: TRANSFER OF SHARES IN IOI CORPORATION BERHAD ("IOICORP") FROM PROGRESSIVE HOLDINGS SDN BHD ("PROGRESSIVE HOLDINGS") TO VERTICAL CAPACITY SDN BHD ("VERTICAL CAPACITY")


SDRED - General Announcement

Announcement Type: General Announcement
Company Name: SELANGOR DREDGING BERHAD
Stock Name: SDRED
Date Announced: 17/03/2011

Announcement Detail:
Type: Announcement

Subject: OTHERS

Description: Selangor Dredging Berhad ("SDB" or "Company")
Disclosure of Material Information - Proposed acquisition of property in London by SDB Guernsey Limited


No comments:

Post a Comment