September 3, 2012

Company announcements: DNONCE, ASTINO, COMCORP, WANGZNG, THHEAVY, DESTINI, PWROOT, GLOBALC

DNONCE - Changes in Sub. S-hldr's Int. (29B) - Law Kim Choon

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameD'NONCE TECHNOLOGY BHD  
Stock Name DNONCE  
Date Announced3 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCP-120830-38470

Particulars of substantial Securities Holder

NameLaw Kim Choon
AddressNo 1 Halaman Hargreaves, 11600 Georgetown, Penang
NRIC/Passport No/Company No.570222-07-5863
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM1 each
Name & address of registered holderLaw Kim Choon
No 1 Halaman Hargreaves, 11600 Georgetown, Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired30/08/2012
750,000
0.380 

Circumstances by reason of which change has occurredMarried Deal
Nature of interestDirect Interest
Direct (units)5,870,900 
Direct (%)13.02 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change5,870,900
Date of notice03/09/2012


DNONCE - Changes in Director's Interest (S135) - Law Kim Choon

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameD'NONCE TECHNOLOGY BHD  
Stock Name DNONCE  
Date Announced3 Sept 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCP-120830-2C838

Information Compiled By KLSE

Particulars of Director

NameLaw Kim Choon
AddressNo 1 Halaman Hargreaves, 11600 Georgetown, Penang
Descriptions(Class & nominal value)Ordinary shares of RM1 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
30/08/2012
750,000
0.380 

Circumstances by reason of which change has occurredMarried Deal
Nature of interestDirect interest
Consideration (if any) 

Total no of securities after change

Direct (units)5,870,900 
Direct (%)13.02 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice03/09/2012


ASTINO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameASTINO BERHAD  
Stock Name ASTINO  
Date Announced3 Sept 2012  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-120903-3F5C8

Date of buy back03/09/2012
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)5,200
Minimum price paid for each share purchased ($$)0.825
Maximum price paid for each share purchased ($$)0.825
Total consideration paid ($$)4,290.00
Number of shares purchased retained in treasury (units)5,200
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)4,110,603
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)3


COMCORP - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameCOMINTEL CORPORATION BHD  
Stock Name COMCORP  
Date Announced3 Sept 2012  
CategoryChange Of Company Secretary
Reference NoCC-120829-55963

Date of change03/09/2012
Type of changeResignation
DesignationJoint Secretary
License no.MAICSA 7038994
NameEng Shuh Shiang
Working experience and occupation during past 5 years


COMCORP - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameCOMINTEL CORPORATION BHD  
Stock Name COMCORP  
Date Announced3 Sept 2012  
CategoryChange Of Company Secretary
Reference NoCC-120829-56240

Date of change03/09/2012
Type of changeAppointment
DesignationJoint Secretary
License no.MAICSA 7045084
NameChin Poh Li
Working experience and occupation during past 5 years


WANGZNG - General Announcement

Announcement Type: General Announcement
Company NameWANG-ZHENG BERHAD  
Stock Name WANGZNG  
Date Announced3 Sept 2012  
CategoryGeneral Announcement
Reference NoCC-120903-45897

TypeAnnouncement
SubjectOTHERS
DescriptionWANG-ZHENG BERHAD (“WZB” or “the Company”)
- Internal Reorganisation within the Subsidiary Company of WZB

1. ������� INTRODUCTION

The Board of Directors of Wang-Zheng Berhad (“WZB” or “the Company”) wishes to announce that the Company has embarked on an internal reorganisation exercise which involved a subsidiary company i.e. Wonderful Eden Sdn Bhd (“WESB”).

�����������
2. ������� INFORMATION ON WESB

WESB was incorporated in Malaysia on 22 March 2010 with an authorised share capital of RM100,000 comprising 100,000 ordinary shares of RM1.00 each and an issued and paid-up share capital of RM2.00 comprising 2 ordinary shares of RM1.00 each.


WESB is currently a dormant company and its proposed principally activities�are to carry on the
business as proprietors and franchisers of all kinds of food and beverage outlets and restaurants.

WESB is currently wholly-owened by New Top Win Corporation Sdn Bhd (“NTW”), a wholly-owned subsidiry of the Company.

3. ������� RATIONALE OF THE INTERNAL REORGANISATION

The internal reorganisation, which was completed on 3 September 2012 involves the acquistion of the entire issued and paid up share capital of WESB from NTW at the total consideration of RM2.00 only. Hence, upon completion of the internal reorganisation, WESB has now become the wholly-owned subsidiary of the Company.

The internal reorganisation would enable the Company to reorganise its subsidiary companies for better reporting and control.


4. ������� EFFECTS OF THE INTERNAL REORGANISATION

The internal reorganisation will not have any impact on the issued and paid-up share capital of the Company or the shareholdings of the substantial shareholders of the Company. The internal reorganisation would not have any impact on the gearing, net assets per share and earnings per share of WZB for the financial year ending 31 December 2012.


5. ������� APPROVALS REQUIRED

The internal reorganisation is not subject to the approval of the shareholders of WZB or regulatory authorities.

6. ������� INTERESTS OF DIRECTORS AND MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED WITH A DIRECTOR OR MAJOR SHAREHOLDER

None of the Directors and/or major shareholders or persons connected to them has any interests, direct or indirect, in the internal reorganisation.


7. ������� DIRECTORS’ STATEMENT

Having considered the rationale and the effects of the interntal reorganisation, the Board of Director of WZB is of the opinion that the internal reorganisationis in the best interest of the Company.


This announcement is dated 3 September 2012.



THHEAVY - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameTH HEAVY ENGINEERING BERHAD  
Stock Name THHEAVY  
Date Announced3 Sept 2012  
CategoryGeneral Announcement
Reference NoCS-120903-40A57

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionTH HEAVY ENGINEERING BERHAD (FORMERLY KNOWN AS RAMUNIA HOLDINGS BERHAD) ("TH HEAVY" OR "THE COMPANY")
- ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 ("PN 17") OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") MAIN MARKET LISTING REQUIREMENTS ON THE STATUS OF PLANS TO REGULARISE THE COMPANY'S FINANCIAL CONDITION
The Board of Directors of TH HEAVY wishes to inform that the Regularisation Plan, which includes the Rights Issue, has been completed following the listing of and quotation for 265,135,810 Rights Shares on the Main Market of Bursa Malaysia Securities Berhad on 10 August 2012.
TH HEAVY had on 31 July 2012 submitted an application to Bursa Securities for an early upliftment from being classified as a PN 17 Company under the Listing Requirments. TH HEAVY's application is subject to Bursa Securities' approval. An announcement will be made once TH HEAVY receives a decision from Bursa Securities.

This announcement is dated 3 September 2012.


DESTINI - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameDESTINI BERHAD  
Stock Name DESTINI  
Date Announced3 Sept 2012  
CategoryGeneral Announcement
Reference NoCC-120903-39EB4

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionDESTINI BERHAD (FORMERLY KNOWN AS SATANG HOLDINGS BERHAD) ("DESTINI" or "THE COMPANY")
- Monthly Announcement on Status of Plan to Regularise Condition Pursuant to Practice Note No. 17 of the Main Market Listing Requirements (“PN17”) of Bursa Malaysia Securities Berhad

Reference is made to the Company’s announcements dated 7 May 2008 (“First Announcement”), 2 June 2008, 1 July 2008, 1 August 2008, 2 September 2008, 3 October 2008, 7 October 2008, 3 November 2008, 1 December 2008, 22 December 2008, 6 January 2009, 7 January 2009, 15 January 2009, 3 February 2009, 2 March 2009, 24 March 2009, 1 April 2009, 2 April 2009, 23 April 2009, 6 May 2009, 1 June 2009, 22 June 2009, 1 July 2009, 2 July 2009, 3 July 2009, 6 July 2009, 7 July 2009, 17 July 2009, 3 August 2009, 1 September 2009, 7 September 2009, 27 October 2009, 30 October 2009, 2 November 2009, 16 November 2009, 1 December 2009, 5 January 2010, 2 February 2010, 1 March 2010, 1 April 2010, 28 April 2010, 3 May 2010, 1 June 2010, 1 July 2010, 2 August 2010, 1 September 2010, 1 October 2010, 1 November 2010, 1 December 2010, 3 January 2011, 2 February 2011, 2 March 2011, 10 March 2011, 23 March 2011, 1 April 2011, 3 May 2011, 1 June 2011, 1 July 2011, 1 August 2011, 2 September 2011, 26 September 2011, 3 October 2011, 1 November 2011, 1 December 2011, 3 January 2012, 2 February 2012, 17 February 2012, 1 March 2012, 2 April 2012, 2 May 2012, 24 May 2012, 31 May 2012, 1 June 2012, 25 June 2012, 29 June 2012, 2 July 2012, 1 August 2012 and 10 August 2012 respectively.

The Board of Directors of Destini ("Board") wishes to announce that the shareholders of the Company had approved the restructuring scheme of the Company at the extraordinary general meeting held on 24 May 2012.

In addition, the Securities Commission Malaysia had, vide its letter dated 30 May 2012, approved the application for the Exemption.

Further, the High Court of Malaya in Kuala Lumpur had on 5 June 2012 granted an order confirming the Capital Reduction pursuant to Section 64(1) of the Companies Act, 1965. The office copy of the sealed order has been lodged with the Companies Commission of Malaysia on 22 June 2012, which marks the completion of Destini's capital reduction exercise. The effective date of the capital reduction in the par value of each ordinary share of Destini from RM0.50 to RM0.10 is 22 June 2012, being (i) the date of advertisements of the order in the daily newspapers distributed nationwide in both Bahasa Malaysia and English in accordance with the terms of the order; and (ii) the date of the lodgment of the office copy of the sealed order of the High Court of Malaya in Kuala Lumpur confirming the capital reduction with the Companies Commission of Malaysia.

The restructuring scheme is now pending implementation for the Rights Issue and Capitalisation. The Board had, on 27 July 2012, announced (i) that the book closure date for the Rights Issue shall be on 10 August 2012 and (ii) the important relevant dates pertaining to the Rights Issue. For further details on the above, please refer to the announcements dated 27 July 2012.

On 10 August 2012, the Abridged Prospectus (“AP”) of the Rights Issue was made available on Bursa Malaysia Securities Berhad’s website and summary of the AP was advertised in an English national newspaper. Thereafter, the AP was dispatched to the entitled shareholders on 14 August 2012. Further, Bursa Malaysia Securities Berhad had via its letter dated 10 August 2012, granted its approval to uplift the suspension on the trading of ordinary shares of Destini with effect from 9.00 a.m., Monday, 13 August 2012.

Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 3 September 2012.



PWROOT - Changes in Sub. S-hldr's Int. (29B) - Koperasi Permodalan FELDA Malaysia Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced3 Sept 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-120903-3B9BF

Particulars of substantial Securities Holder

NameKoperasi Permodalan FELDA Malaysia Berhad
AddressBlok J, Anjung Felda,
Jalan Maktab,
54000 Kuala Lumpur
NRIC/Passport No/Company No.KoopNegaraNo39
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderKoperasi Permodalan FELDA Malaysia Berhad
Blok J, Anjung Felda,
Jalan Maktab,
54000 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed28/08/2012
359,200
1.055 

Circumstances by reason of which change has occurredSell of Shares
Nature of interestDirect
Direct (units)52,229,500 
Direct (%)17.41 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change51,870,300
Date of notice30/08/2012

Remarks :
a) The above disposal represented 0.1197% of the total issued and fully paid-up share capital of the Company.


GLOBALC - General Announcement

Announcement Type: General Announcement
Company NameGLOBAL CARRIERS BERHAD  
Stock Name GLOBALC  
Date Announced3 Sept 2012  
CategoryGeneral Announcement
Reference NoGC-120903-62460

TypeAnnouncement
SubjectOTHERS
DescriptionANNOUNCEMENT ON THE DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1 ("PN1").
On behalf of the Board of Directors of Global Carriers Bhd, we would like to announce that Global Carriers Bhd and its subsidiaries are in default in payment pursuant to PN1 of the MMLR.


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