PALETTE - OTHERS Proposed Disposal of 649,999 Ordinary Shares of USD1 each in PT Palette Multimedia ("PT Palette") representing 99.99% shareholding in PT Palette for a cash consideration of RM1 ("Proposed Disposal")
Company Name | PALETTE MULTIMEDIA BERHAD (ACE Market) |
Stock Name | PALETTE |
Date Announced | 15 Oct 2012 |
Category | General Announcement |
Reference No | CK-121015-39656 |
Type | Announcement | |||||||||
Subject | OTHERS | |||||||||
Description | Proposed Disposal of 649,999 Ordinary Shares of USD1 each in PT Palette Multimedia ("PT Palette") representing 99.99% shareholding in PT Palette for a cash consideration of RM1 ("Proposed Disposal") | |||||||||
1.����������� Introduction Pursuant to Rule 9.19(25) of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements, the Board of Directors of Palette Multimedia Berhad ("Palette" or "the Company") wishes to announce that the Company had on 15 October 2012 entered into a Sale and Purchase of Shares Agreement (“SPA”) with Jaliah Binti Jalal and Ismail bin Mohamadeen (collectively known as “the Purchasers”) for the disposal of 649,999 ordinary shares of USD1 each in PT Palette, representing 99.99% shareholding in PT Palette [“the Sale Shares”] for a total cash consideration of RM1 [“Disposal Consideration”]. Upon completion of the Proposed Disposal, PT Palette shall ceased to be a subsidiary of the Company. 2.����������� Information on Purchaser
3.����������� Information on PT Palette PT Palette is a private limited company incorporated in Indonesia under the Foreign Capital Investment Law No. 1/1967 and amended by Law No. 11/1970 and having its last domicile address at Komplek Harco Dua Blok I No. 3, Mangga Dua Selatan, Sawah Besar, Jakarta Pusat 10730. �The present paid up capital of PT Palette is USD650,000 comprising of 650,000 ordinary shares of USD1 each. PT Palette was principally involved in selling of hardware and provision of IT consulting services.� PT Palette has been dormant since 2004. 4.����������� Details of the Proposed Disposal 4.1���� Palette is indebted to PT Palette USD532,125.56 (hereinafter referred to as “Palette’s Indebtedness”) [equivalent to RM1,628,304.21 at an exchange rate of USD3.06:RM1). 4.2���� The Purchasers agree to assume Palette’s Indebtedness and�cause PT Palette to waive Palette’s Indebtedness upon completion.� Palette shall borne all cost related to the completion of the transfer of the Sale Shares. 4.3���� The total cash consideration for the Proposed Disposal is RM1 after taking into consideration the following:- (i)��� ������ The accumulated loss of equivalent RM342,918 based on the latest audited financial statements for the financial year ended 31 December 2009; (ii)��������� The waiver of Palette’s Indebtedness amounting to USD532,125.56; and (iii)�������� Future cash flow saving of approximately USD5,000 annually in administrative maintenance fees. 5.����������� Rationale for the Proposed Disposal PT Palette has been dormant since year 2004 and it is more beneficial to the Group on the cost savings from the administrative cost of maintaining PT Palette which amounts to approximately USD5,000 per annum. 6.����������� Financial Effects from the Proposed Disposal The Proposed Disposal will not have any impact on the Company’s issued and paid-up share capital and substantial shareholders’ shareholdings. There is no material effect on the group’s earnings, gearing and net assets for the financial year ending 31 December 2012. 7.����������� Approvals Required The transfer of the Sale Shares is subjected to the approval from relevant authorities from Indonesia. The Proposed Disposal, however, is not subject to approvals of the shareholders of Palette. 8.����������� Directors’ and Major Shareholders’ Interests None of the Directors and Major Shareholders of Palette and/or persons connected with them have any interest, direct or indirect, in the Proposed Disposal. 9.����������� Directors’ Statement After having taken into consideration the rationale of the Proposed Disposal, the Board is of the opinion that the Proposed Disposal is in the best interests of Palette. 10.��������� Documents for Inspection The SPA is available for inspection at the registered office of Palette at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur during normal office hours from Monday to Friday (except public holidays) for a duration of three (3) months from the date of this announcement. � � � � � � � � � � � � � � � � � � � � � � � � � � |
JOBST - Changes in Sub. S-hldr's Int. (29B) - (1) FMR LLC & (2) FIL Limited
Company Name | JOBSTREET CORPORATION BERHAD |
Stock Name | JOBST |
Date Announced | 15 Oct 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-121015-9B02C |
Particulars of substantial Securities Holder
Name | (1) FMR LLC & (2) FIL Limited |
Address | (1) FMR LLC - 82 Devonshire Street, Boston, MA 02109 and (2) FIL Limited - c/o Level 11, 167 Macquarie Street, Sydney NSW, 2000 Australia |
NRIC/Passport No/Company No. | See remarks |
Nationality/Country of incorporation | Delaware, Boston and Bermuda |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.20 each |
Name & address of registered holder | Nikko Gravity Equity Fund |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 08/10/2012 | 3,000 |
Remarks : |
Company Registration No.: (1) FMR LLC - 3220238 and (2) FIL Limited - EC01462 . The percentage of indirect interest excludes 625,800 Ordinary Shares of RM0.20 each bought back by the Company and retained as treasury shares. |
JOBST - Notice of Shares Buy Back by a Company pursuant to Form 28A
Company Name | JOBSTREET CORPORATION BERHAD |
Stock Name | JOBST |
Date Announced | 15 Oct 2012 |
Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
Reference No | CC-121015-096B2 |
TMCLIFE - GENERAL MEETINGS: OUTCOME OF MEETING
Company Name | TMC LIFE SCIENCES BERHAD |
Stock Name | TMCLIFE |
Date Announced | 15 Oct 2012 |
Category | General Meetings |
Reference No | CA-121011-36944 |
Type of Meeting | AGM |
Indicator | Outcome of Meeting |
Date of Meeting | 15/10/2012 |
Time | 03:00 PM |
Venue | Auditorium , Tropicana Medical Centre No. 11, Jalan Teknologi, Taman Sains Selangor 1 PJU 5, Kota Damansara 47810 Petaling Jaya Selangor Darul Ehsan |
Outcome of Meeting | The Directors of TMC Life Sciences berhad ("the Company") wish to announce that the shareholders of the Company have at the Ninth Annual General Meeting ("9th AGM") held this afternoon passed all the resolutions set out in the Notice of the 9th AGM dated 21 September 2012 by way of show of hands. This announcement is dated 15 October 2012. |
TMCLIFE - Quarterly rpt on consolidated results for the financial period ended 31/8/2012
Company Name | TMC LIFE SCIENCES BERHAD |
Stock Name | TMCLIFE |
Date Announced | 15 Oct 2012 |
Category | Financial Results |
Reference No | CA-121011-2D636 |
Financial Year End | 31/05/2013 |
Quarter | 1 |
Quarterly report for the financial period ended | 31/08/2012 |
The figures | have not been audited |
Remarks : |
The unaudited condensed consolidated statement of profit or loss and other comprehensive income should be read in conjuction with the audited financial statements for the financial year ended 31 May 2012 and the accompanying explanatory notes attached to the interim financial statements. |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/08/2012 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 16,402 | 12,492 | 16,402 | 12,492 |
2 | Profit/(loss) before tax | 148 | -1,836 | 148 | -1,836 |
3 | Profit/(loss) for the period | 114 | -1,836 | 114 | -1,836 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 2,787 | -2,334 | 2,787 | -2,334 |
5 | Basic earnings/(loss) per share (Subunit) | 0.38 | -0.39 | 0.38 | -0.39 |
6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.1500 | 0.1500 |
Remarks : |
The unaudited condensed consolidated statement of profit or loss and other comprehensive income should be read in conjuction with the audited financial statements for the financial year ended 31 May 2012 and the accompanying explanatory notes attached to the interim financial statements. |
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
GREENYB - OTHERS COLLABORATIVE AGREEMENT BETWEEN GREENYIELD INDUSTRIES (M) SDN BHD AND TER STEEGE B.V.
Company Name | GREENYIELD BERHAD |
Stock Name | GREENYB |
Date Announced | 15 Oct 2012 |
Category | General Announcement |
Reference No | CK-121008-57131 |
Type | Announcement |
Subject | OTHERS |
Description | COLLABORATIVE AGREEMENT BETWEEN GREENYIELD INDUSTRIES (M) SDN BHD AND TER STEEGE B.V. |
The Board of Directors of Greenyield Berhad ("GREENYB") wishes to announce that its wholly-owned subsidiary, Greenyield Industries (M) Sdn Bhd ("Greenyield Industries")�had signed a Collaborative Agreement ("CA") with Ter Steege B.V. ("Ter Steege") of Netherlands on 15 October 2012. |
MAA - Change in Audit Committee
Company Name | MAA GROUP BERHAD |
Stock Name | MAA |
Date Announced | 15 Oct 2012 |
Category | Change in Audit Committee |
Reference No | CM-120925-54886 |
Date of change | 15/10/2012 |
Name | Datuk Seri Razman Md Hashim bin Che Din Md Hashim |
Age | 73 |
Nationality | Malaysian |
Type of change | Appointment |
Designation | Member of Audit Committee |
Directorate | Independent & Non Executive |
Qualifications | Datuk Seri Razman completed his early secondary education in Australia and on completion, studied Accounting and Banking where he became a member of the Australian Institute of Bankers. |
Working experience and occupation | Datuk Seri Razman joined Standard Chartered Bank Malaysia Berhad (“SCB”) as an Officer Trainee in 1967. Throughout his 34 years of banking experience in SCB, he served with the bank’s offices in London, Europe, Hong Kong and Singapore. In 1994, he was appointed as the Executive Director/Deputy Chief Executive of SCB until his retirement in June 1999. In the same month in 1999, Datuk Seri Razman was appointed as Chairman of MBf Finance Berhad by Bank Negara Malaysia until January 2002 when the finance company was sold to Arab-Malaysian Group. He was appointed to the Board of Malaysian Assurance Alliance Berhad (“MAA”) (now known as Zurich Insurance Malaysia Berhad) on 1 July 2006 as an Independent Non-Executive Director and had resigned from the Board of MAA on 30 September 2011.� |
Directorship of public companies (if any) | Multi-Purpose Holdings Berhad SILK Holdings Berhad MAA Takaful Bhd Berjaya Land Berhad Sunway Berhad Mycron Steel Berhad � |
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 | Datuk Seri Razman holds 150,000 shares of the Company representing approximately 0.05% equity interest in the Company.� |
Composition of Audit Committee (Name and Directorate of members after change) | Mr Onn Kien Hoe (Chairman of the Audit Committee) (Independent Non-Executive Director) Dato' Narendrakumar Jasani A/L Chunilal Rugnath (Independent Non-Executive Director) Dato' Jaffar Indot (Independent Non-Executive Director) Tan Sri Ahmad bin Mohd Don (Independent Non-Executive Director) Datuk Seri Razman Md Hashim bin Che Din Md Hashim (Independent Non-Executive Director) |
Remarks : |
This announcement is dated 15 October 2012. |
PBBANK - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | PUBLIC BANK BERHAD |
Stock Name | PBBANK |
Date Announced | 15 Oct 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | PB-121015-372B0 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF Act 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
Name & address of registered holder | 1. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board - Sale of 73,300 shares on 10 October 2012 2. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (AMUNDI) - Purchase of 205,000 shares on 10 October 2012 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 10/10/2012 | 73,300 | |
Acquired | 10/10/2012 | 205,000 |
Remarks : |
The percentage of EPF's direct interests in Public Bank Berhad (PBB) shares of 12.29% is computed based on the total number of PBB shares in issue excluding a total of 29,800,704 PBB shares bought-back by PBB and retained as treasury shares as at 15 October 2012. Received EPF Form 29B dated 10 October 2012 on 15 October 2012. |
KRETAM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | KRETAM HOLDINGS BERHAD |
Stock Name | KRETAM |
Date Announced | 15 Oct 2012 |
Category | General Announcement |
Reference No | KH-121015-60752 |
Type | Announcement | ||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||
Description | DIRECTOR'S DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||
The following Director has given notice of his dealings in the securities of the Company outside the closed period as follows:-
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GENP - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
Company Name | GENTING PLANTATIONS BERHAD |
Stock Name | GENP |
Date Announced | 15 Oct 2012 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | GP-121015-5C23C |
Particulars of substantial Securities Holder
Name | EMPLOYEES PROVIDENT FUND BOARD |
Address | TINGKAT 19 BANGUNAN KWSP JALAN RAJA LAUT 50350 KUALA LUMPUR |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | MALAYSIA |
Descriptions (Class & nominal value) | ORDINARY SHARES OF 50 SEN EACH |
Name & address of registered holder | CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FUND BOARD LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR (Acquisition) CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (AMUNDI) LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR [Disposal (i)] CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (CIMB PRI) LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR [Disposal (ii)] |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 10/10/2012 | 575,000 | |
Disposed | 10/10/2012 | 150,000 | |
Disposed | 10/10/2012 | 100,400 |
Remarks : |
Form 29B dated 11 October 2012 was received on 15 October 2012. |
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