BTECH - GENERAL MEETINGS: OUTCOME OF MEETING
Announcement Type: General Announcement
Company Name: BRITE-TECH BERHAD (ACE Market)
Stock Name: BTECH
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
OUTCOME OF MEETING
Description: RESULTS OF ELEVENTH ANNUAL GENERAL MEETING OF BRITE-TECH BERHAD ("BTECH")
Company Name: BRITE-TECH BERHAD (ACE Market)
Stock Name: BTECH
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: GENERAL MEETINGS
OUTCOME OF MEETING
Description: RESULTS OF ELEVENTH ANNUAL GENERAL MEETING OF BRITE-TECH BERHAD ("BTECH")
ASIAEP - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
Company Name: ASIAEP RESOURCES BERHAD (ACE Market)
Stock Name: ASIAEP
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: PROPOSED SUBSCRIPTION OF 20 MILLION NEW ORDINARY SHARES OF RM1.00 EACH IN LESTARI PASIFIK BERHAD ("LPB")("SUBSCRIPTION SHARES") AT AN ISSUE PRICE OF RM1.00 PER SHARE REPRESENTING APPROXIMATELY 3.23% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF LPB ("PROPOSED SUBSCRIPTION")
Company Name: ASIAEP RESOURCES BERHAD (ACE Market)
Stock Name: ASIAEP
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description: PROPOSED SUBSCRIPTION OF 20 MILLION NEW ORDINARY SHARES OF RM1.00 EACH IN LESTARI PASIFIK BERHAD ("LPB")("SUBSCRIPTION SHARES") AT AN ISSUE PRICE OF RM1.00 PER SHARE REPRESENTING APPROXIMATELY 3.23% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF LPB ("PROPOSED SUBSCRIPTION")
CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE ASEAN 40 MALAYSIA
Stock Name: CIMBA40
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description: Fund: CIMB FTSE ASEAN 40 Malaysia
Date: 18-May-2012
IOPV per unit (RM): 1.5585
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,007.19
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE ASEAN 40 MALAYSIA
Stock Name: CIMBA40
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description: Fund: CIMB FTSE ASEAN 40 Malaysia
Date: 18-May-2012
IOPV per unit (RM): 1.5585
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,007.19
CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE CHINA 25
Stock Name: CIMBC25
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description: Fund: CIMB FTSE China 25
Date: 18-May-2012
IOPV per unit (RM): 0.8054
Units in circulation (units): 13,650,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 14,643.67
Submitting Merchant Bank: DEUTSCHE BANK (MALAYSIA) BERHAD
Company Name: CIMB FTSE CHINA 25
Stock Name: CIMBC25
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description: Fund: CIMB FTSE China 25
Date: 18-May-2012
IOPV per unit (RM): 0.8054
Units in circulation (units): 13,650,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 14,643.67
JTIASA - OTHERS
Announcement Type: General Announcement
Company Name: JAYA TIASA HOLDINGS BHD
Stock Name: JTIASA
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Distribution of Treasury shares
Company Name: JAYA TIASA HOLDINGS BHD
Stock Name: JTIASA
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: OTHERS
Description: Distribution of Treasury shares
TIMECOM - MULTIPLE PROPOSALS
Announcement Type: General Announcement
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: TIME DOTCOM BERHAD
Stock Name: TIMECOM
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: MULTIPLE PROPOSALS
Description: TIME DOTCOM BERHAD ("TdC" OR "COMPANY")
(I) ACQUISITIONS BY TdC OF:
(A) 100% EQUITY STAKES IN GLOBAL TRANSIT COMMUNICATIONS SDN BHD ("GTC") FROM PULAU KAPAS VENTURES SDN BHD FOR A PURCHASE CONSIDERATION OF RM102,000,000, TO BE FULLY SETTLED VIA THE ISSUANCE OF 28,732,394 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH;
(B) 100% EQUITY STAKES IN GLOBAL TRANSIT LIMITED ("GTL") FROM MEGAWISRA SDN BHD, HALFMOON BAY CAPITAL LIMITED, ACCURATE GAIN PROFITS LIMITED, CONTINUUM CAPITAL SDN BHD AND NICHOLAS LIM PING FOR A PURCHASE CONSIDERATION OF RM101,000,000, TO BE FULLY SETTLED VIA THE ISSUANCE OF 17,070,421 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH AND A CASH PAYMENT OF RM40,400,000;
(C) 100% EQUITY STAKES IN GLOBAL TRANSIT ENTITIES FROM GLOBAL TRANSIT INTERNATIONAL SDN BHD FOR A CASH CONSIDERATION OF RM1.00 EACH; AND
(D) 100% EQUITY STAKES IN AIMS GROUP FROM MEGAWISRA SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM119,000,000 TO BE FULLY SETTLED VIA THE ISSUANCE OF 20,112,676 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH AND A CASH PAYMENT OF RM47,600,000;
(COLLECTIVELY, "ACQUISITIONS");
(II) CAPITAL REPAYMENT OF RM50,615,500 REPRESENTING RM0.02 PER EXISTING TdC SHARE TO THE ENTITLED SHAREHOLDERS OF TdC PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 ("CAPITAL REPAYMENT");
(III) CAPITAL RESTRUCTURING COMPRISING:
(A) CAPITAL REDUCTION OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF TdC VIA THE CANCELLATION OF RM0.90 OF THE PAR VALUE OF EACH TdC SHARE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("CAPITAL REDUCTION");
(B) SET-OFF OF TdC'S SHARE PREMIUM ACCOUNT AGAINST THE ACCUMULATED LOSSES OF TdC; AND
(C) SHARE CONSOLIDATION OF 2,530,775,000 TdC SHARES OF PAR VALUE OF RM0.10 EACH (AFTER THE CAPITAL REDUCTION) INTO 506,155,000 TdC SHARES OF PAR VALUE OF RM0.50 EACH IN TdC, ON THE BASIS OF FIVE (5) TdC SHARES OF PAR VALUE OF RM0.10 EACH INTO ONE (1) TdC SHARE OF RM0.50 EACH;
(COLLECTIVELY, "CAPITAL RESTRUCTURING");
(IV) EXEMPTION FOR MEGAWISRA SDN BHD ("MEGAWISRA") AND THE PERSONS ACTING IN CONCERT WITH MEGAWISRA (COLLECTIVELY, "PAC GROUP") FROM THE OBLIGATION TO UNDERTAKE A MANDATORY GENERAL OFFER FOR THE REMAINING TdC SHARES WHICH ARE NOT ALREADY HELD BY THEM ARISING UPON COMPLETION OF THE ACQUISITIONS PURSUANT TO PARAGRAPH 16 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 ("PAC GROUP EXEMPTION");
(V) EXEMPTION FOR MEGAWISRA FROM THE OBLIGATION TO UNDERTAKE A MANDATORY GENERAL OFFER FOR THE REMAINING TdC SHARES WHICH ARE NOT ALREADY HELD BY IT ARISING FROM THE COMPLETION OF THE ACQUISITIONS PURSUANT TO PARAGRAPH 16 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 ("MEGAWISRA EXEMPTION");
(THE PAC GROUP EXEMPTION AND THE MEGAWISRA EXEMPTION ARE COLLECTIVELY REFERRED TO AS "EXEMPTIONS"); AND
(VI) AMENDMENT TO TdC'S MEMORANDUM OF ASSOCIATION TO FACILITATE THE ACQUISITIONS, CAPITAL REPAYMENT AND CAPITAL RESTRUCTURING ("AMENDMENT")
(THE ACQUISITIONS, CAPITAL REPAYMENT, CAPITAL RESTRUCTURING, EXEMPTIONS AND AMENDMENT ARE COLLECTIVELY REFERRED TO AS THE "TRANSACTIONS")
Submitting Merchant Bank: CIMB INVESTMENT BANK BERHAD
Company Name: TIME DOTCOM BERHAD
Stock Name: TIMECOM
Date Announced: 18/05/2012
Announcement Detail:
Type: Announcement
Subject: MULTIPLE PROPOSALS
Description: TIME DOTCOM BERHAD ("TdC" OR "COMPANY")
(I) ACQUISITIONS BY TdC OF:
(A) 100% EQUITY STAKES IN GLOBAL TRANSIT COMMUNICATIONS SDN BHD ("GTC") FROM PULAU KAPAS VENTURES SDN BHD FOR A PURCHASE CONSIDERATION OF RM102,000,000, TO BE FULLY SETTLED VIA THE ISSUANCE OF 28,732,394 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH;
(B) 100% EQUITY STAKES IN GLOBAL TRANSIT LIMITED ("GTL") FROM MEGAWISRA SDN BHD, HALFMOON BAY CAPITAL LIMITED, ACCURATE GAIN PROFITS LIMITED, CONTINUUM CAPITAL SDN BHD AND NICHOLAS LIM PING FOR A PURCHASE CONSIDERATION OF RM101,000,000, TO BE FULLY SETTLED VIA THE ISSUANCE OF 17,070,421 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH AND A CASH PAYMENT OF RM40,400,000;
(C) 100% EQUITY STAKES IN GLOBAL TRANSIT ENTITIES FROM GLOBAL TRANSIT INTERNATIONAL SDN BHD FOR A CASH CONSIDERATION OF RM1.00 EACH; AND
(D) 100% EQUITY STAKES IN AIMS GROUP FROM MEGAWISRA SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM119,000,000 TO BE FULLY SETTLED VIA THE ISSUANCE OF 20,112,676 NEW TdC SHARES AT AN ISSUE PRICE OF RM3.55 EACH AND A CASH PAYMENT OF RM47,600,000;
(COLLECTIVELY, "ACQUISITIONS");
(II) CAPITAL REPAYMENT OF RM50,615,500 REPRESENTING RM0.02 PER EXISTING TdC SHARE TO THE ENTITLED SHAREHOLDERS OF TdC PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 ("CAPITAL REPAYMENT");
(III) CAPITAL RESTRUCTURING COMPRISING:
(A) CAPITAL REDUCTION OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF TdC VIA THE CANCELLATION OF RM0.90 OF THE PAR VALUE OF EACH TdC SHARE PURSUANT TO SECTION 64 OF THE COMPANIES ACT, 1965 ("CAPITAL REDUCTION");
(B) SET-OFF OF TdC'S SHARE PREMIUM ACCOUNT AGAINST THE ACCUMULATED LOSSES OF TdC; AND
(C) SHARE CONSOLIDATION OF 2,530,775,000 TdC SHARES OF PAR VALUE OF RM0.10 EACH (AFTER THE CAPITAL REDUCTION) INTO 506,155,000 TdC SHARES OF PAR VALUE OF RM0.50 EACH IN TdC, ON THE BASIS OF FIVE (5) TdC SHARES OF PAR VALUE OF RM0.10 EACH INTO ONE (1) TdC SHARE OF RM0.50 EACH;
(COLLECTIVELY, "CAPITAL RESTRUCTURING");
(IV) EXEMPTION FOR MEGAWISRA SDN BHD ("MEGAWISRA") AND THE PERSONS ACTING IN CONCERT WITH MEGAWISRA (COLLECTIVELY, "PAC GROUP") FROM THE OBLIGATION TO UNDERTAKE A MANDATORY GENERAL OFFER FOR THE REMAINING TdC SHARES WHICH ARE NOT ALREADY HELD BY THEM ARISING UPON COMPLETION OF THE ACQUISITIONS PURSUANT TO PARAGRAPH 16 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 ("PAC GROUP EXEMPTION");
(V) EXEMPTION FOR MEGAWISRA FROM THE OBLIGATION TO UNDERTAKE A MANDATORY GENERAL OFFER FOR THE REMAINING TdC SHARES WHICH ARE NOT ALREADY HELD BY IT ARISING FROM THE COMPLETION OF THE ACQUISITIONS PURSUANT TO PARAGRAPH 16 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 ("MEGAWISRA EXEMPTION");
(THE PAC GROUP EXEMPTION AND THE MEGAWISRA EXEMPTION ARE COLLECTIVELY REFERRED TO AS "EXEMPTIONS"); AND
(VI) AMENDMENT TO TdC'S MEMORANDUM OF ASSOCIATION TO FACILITATE THE ACQUISITIONS, CAPITAL REPAYMENT AND CAPITAL RESTRUCTURING ("AMENDMENT")
(THE ACQUISITIONS, CAPITAL REPAYMENT, CAPITAL RESTRUCTURING, EXEMPTIONS AND AMENDMENT ARE COLLECTIVELY REFERRED TO AS THE "TRANSACTIONS")
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