October 17, 2011

Company announcements: IRIS, GHLSYS, CAROTEC, INIX, KEYWEST, BAHVEST, CONNECT, FRONTKN, TEJARI

IRIS - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: IRIS CORPORATION BERHAD (ACE Market)
Stock Name: IRIS
Date Announced: 17/10/2011

Announcement Detail:
Date of change: 17/10/2011

Type of change: Appointment

Designation: Executive Director

Directorate: Executive

Name: Hamdan Bin Mohd Hassan

Age: 52

Nationality: Malaysia

Qualifications: Diploma in Computer Science from Universiti Teknologi MARA and Advance Diploma in Computer Programming from City & Guilds, UK

Working experience and occupation: En. Hamdan began his career with Bank Simpanan Nasional Berhad as Programmer Analyst in 1985, and was part of the Senior Management team responsible for the Computer Network Management System Department prior to his early retirement from the bank in 2002.
In 2002, he joined a property development company - CY Hitech Development Sdn Bhd as Executive Chairman. He left in 2004 and joined Ukay Spring Development Sdn Bhd as Executive Director and was responsible for the development of 56 acres of land in Bukit Antarabangsa. He then left in 2006 to join Metroworld Development Sdn Bhd as Group Executive Director and was involved in the development of a high end condominium project at Jalan Damai off Jalan Ampang, Kuala Lumpur. He held the position until 2009.
He is currently the Director and Shareholder of IRIS Land Sdn Bhd, a 60% owned subsidiary of IRIS Corporation Berhad and several private limited companies involved in sand dredging and reclamation works.

Directorship of public companies (if any): No

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: No

Details of any interest in the securities of the listed issuer or its subsidiaries: En. Hamdan is the Director and Shareholder of IRIS Land Sdn Bhd, a 60% owned subsidiary of IRIS Corporation Berhad


GHLSYS - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company Name: GHL SYSTEMS BERHAD
Stock Name: GHLSYS
Date Announced: 17/10/2011

Announcement Detail:
Date of change: 17/10/2011

Type of change: Resignation

Designation: Secretary

License no.: MIA 12596

Name: CHIN FOOK KHEONG


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

Announcement Type: General Announcement
Company Name: CAROTECH BERHAD (ACE Market)
Stock Name: CAROTEC
Date Announced: 17/10/2011

Announcement Detail:
Type: Announcement

Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS

Description: CAROTECH BERHAD ("CAROTECH" OR "THE COMPANY")
PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSAL")


INIX - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING

Announcement Type: General Announcement
Submitting Merchant Bank: M & A SECURITIES SDN BHD
Company Name: INIX TECHNOLOGIES HOLDINGS BERHAD (ACE Market)
Stock Name: INIX
Date Announced: 17/10/2011

Announcement Detail:
Type: Announcement

Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description: INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR "THE COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 11,495,000 NEW ORDINARY SHARES OF RM0.10 EACH IN INIX, REPRESENTING TEN PERCENT (10%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF INIX TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED ("PROPOSED PRIVATE PLACEMENT")


KEYWEST - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: KEY WEST GLOBAL TELECOMMUNICATIONS BERHAD (ACE Market)
Stock Name: KEYWEST
Date Announced: 17/10/2011

Announcement Detail:
Date of change: 17/10/2011

Type of change: Redesignation

Previous Position: Managing Director

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Alan Yong Kah Kee

Age: 52

Nationality: Malaysian

Qualifications: Mr. Alan Yong Kah Kee graduated from Simon Fraser University, Burnaby, British Columbia, Canada in 1983 with a Bachelor's of General Studies degree with a concentration in economics.

Working experience and occupation: Mr. Alan Yong Kah Kee has experience managing several companies in Malaysia, Brunei, Taiwan and Hong Kong involved in telecommunications, computer hardware, software and accessories, construction, real estate development and the distribution of household appliances. In 1998, he founded Seacorp Technology Corporation, a company involved in computer accessories distribution and was responsible for building products and a distribution network that spans across Canada. He also co-founded Seacorp Communications Inc. in 1990 and oversaw the building of a paging network in China and a pager manufacturing facility in Singapore. In 1998, he co-founded Northvoice Communications Inc, ("Northvoice") and pioneered the first unlimited long distance service, which allows a subscriber to call as much long distance calls within Canada and USA as he/she wants for a monthly fee. In the same year, at Northvoice, he embarked on building a telephony network that spanned 12 countries and 60 POPs and accomplished it within 6 months.

Directorship of public companies (if any): Nil

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: Indirect interest: 883,374 ordinary shares of RM0.10 each
(Deemed interested through the shareholding held by his sister in-law)

Remarks: Resigned as Managing Director/ President with effect from 17 October 2011.


KEYWEST - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: KEY WEST GLOBAL TELECOMMUNICATIONS BERHAD (ACE Market)
Stock Name: KEYWEST
Date Announced: 17/10/2011

Announcement Detail:
Date of change: 17/10/2011

Type of change: Redesignation

Previous Position: Executive Director

New Position: Non-Executive Director

Directorate: Non Independent & Non Executive

Name: Goh Siong Seng

Age: 44

Nationality: Malaysian

Qualifications: Mr. Goh Siong Seng graduated in Economics and Finance from Australia with an Accounting qualification, Post-Graduate Diploma in Business Systems - Monash University and Master of Business Administration - University of Melbourne.

Working experience and occupation: Mr. Goh Siong Seng spent his early years with a Hong Kong public listed conglomerate to grow and expand their trading business in mainland China, working with principals from Japan, South Korea, the UK, Germany, Italy and Denmark after his graduation in 1992.

Mr. Goh Siong Seng was part of the founding team of Orbit Telecommunications Sdn Bhd and pioneered the wholesale traffic business in the deregulating telecommunications sector in Malaysia, collaborating with various tie-1 and emerging carriers worldwide.

He subsequently joined a Canadian-based Voice-over Internet Protocol carrier, Northvoice Communications Inc., and was responsible for spearheading new initiatives, and expanding carrier relationships in the Asia Pacific region.

Prior joining Key West Global Telecommunications Berhad, Mr. Goh Siong Seng spent five (5) years as the Regional Director with Primus Telecommunications Inc., a NASDAQ-listed, Fortune 100 company, driving overall business development activities, and was responsible for the remarkable growth of their wholesale carrier business and bilateral relationships in Asia, contributing significantly towards the global revenue objectives of the company.

Directorship of public companies (if any): Nil

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: Direct interest: 228,000 ordinary shares of RM0.10 each
Indirect interest: 200,000 ordinary shares of RM0.10 each
(Deemed interested through the shareholding held by his wife)


BAHVEST - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING

Announcement Type: General Announcement
Submitting Merchant Bank: KENANGA INVESTMENT BANK BERHAD
Company Name: BORNEO AQUA HARVEST BERHAD (ACE Market)
Stock Name: BAHVEST
Date Announced: 17/10/2011

Announcement Detail:
Type: Announcement

Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description: BORNEO AQUA HARVEST BERHAD ("BAHVEST" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 20.0 MILLION NEW ORDINARY SHARES OF RM0.10 EACH IN BAHVEST ("PROPOSED PRIVATE PLACEMENT")


CONNECT - General Announcement

Announcement Type: General Announcement
Company Name: CONNECTCOUNTY HOLDINGS BERHAD (ACE Market)
Stock Name: CONNECT
Date Announced: 17/10/2011

Announcement Detail:
Type: Announcement

Subject: DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD

Description: CONNECTCOUNTY HOLDINGS BERHAD ("CCHB" or the "Company") is in the closed period for dealing in its securities by its Directors with effect from 18 October 2011, pending the announcement of its results for the third financial quarter ended 30 September 2011. CCHB has received a notification on 17 October 2011 from Mr Chong Hon Keun, the Director of CCHB, of his intention to deal in the securities of CCHB during the closed period as follows:


FRONTKN - MATERIAL LITIGATION

Announcement Type: General Announcement
Company Name: FRONTKEN CORPORATION BERHAD
Stock Name: FRONTKN
Date Announced: 17/10/2011

Announcement Detail:
Type: Announcement

Subject: MATERIAL LITIGATION

Description: Update on Litigation by a Subsidiary against Petra Resources Sdn Bhd ("PRSB")


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

Announcement Type: General Announcement
Submitting Merchant Bank: PM SECURITIES SDN BHD
Company Name: TEJARI TECHNOLOGIES BERHAD (ACE Market)
Stock Name: TEJARI
Date Announced: 17/10/2011

Announcement Detail:
Type: Announcement

Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS

Description: TEJARI TECHNOLOGIES BERHAD ("TEJARI" OR THE "COMPANY")

PART A

I. PROPOSED RATIFICATION OF BUSINESS DIVERSIFICATION

PART B

I. PROPOSED ACQUISITION;
II.PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL;
III.PROPOSED AMENDMENTS; AND
IV. PROPOSED SHARE BUY-BACK

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")


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