November 9, 2012

Company announcements: INGENCO, SERSOL, K1, MICROLN, WINSUN, AMEDIA, XOX

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

Announcement Type: General Announcement
Company NameINGENUITY CONSOLIDATED BERHAD (ACE Market) 
Stock Name INGENCO  
Date Announced9 Nov 2012  
CategoryGeneral Announcement
Reference NoCC-121109-73F8B

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionIngenuity Consolidated Berhad (formerly known as Ingenuity Solutions Berhad)
- Recurrent Related Party Transactions of Revenue or Trading Nature

1.�Introduction

Further to the announcements made on 10 October 2012,�16 October�2012 and 29 October 2012 pursuant to Rule 10.09(1)(b) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of Ingenuity Consolidated Berhad (formerly known as Ingenuity Solutions Berhad) ["the Company" or "ICB"] wishes to further announce that ICB group of companies have entered into Recurrent Related Party Transactions ("RRPT") for the period from 26�October 2012 to 8 November�2012 with the companies connected with the Director/major shareholder, Mr. Chin Boon Long.

2.�Details of RRPT

Please refer to Appendix I attached.

3.�Rationale

The RRPT are necessary for the day to day operations of the Group and are intended to meet the business needs on the best possible terms. The RRPT are made in the ordinary course of business at arm’s length and on normal commercial terms which are not more favourable to the related parties than those generally available to the public. The transactions are not detrimental to the interest of the minority shareholders.

4.�Financial Effects of the RRPT

The RRPT will not have any material effect on the earnings per share, gearing and net assets per share of the ICB Group for the financial year ending 31 March 2013.

5.�Substantial Shareholders’ Shareholding

The RRPT will not have any effect on the share capital and substantial shareholders' shareholding of ICB.

6.�Directors’ and Major Shareholders’ Interest

Save as disclosed in Appendix 1 attached, none of the other directors and / or major shareholders and / or persons connected with them has any interest, direct or indirect in RRPT.

Accordingly, Mr. Chin Boon Long has abstained and will continue to abstain from all deliberations and voting at board meetings in respect of the RRPT.

7.�Statement by Audit Committee

The Audit Committee having considered the rationale for the RRPT and all aspects of the RRPT, was of the view that the RRPT is in the best interests of the Group, fair, reasonable and on normal commercial terms and not detrimental to the interests of the minority shareholders.

8.�Statement by Board of Directors

The Board of Directors, having taken into consideration of all aspects of the RRPT, is in opinion that the RRPT are in the best interest of ICB Group.

9.�Approval Required

The Company would seek for shareholders’ ratification and mandate on the RRPT at an extraordinary general meeting to be convened at a later date.

This announcement is dated 9 November�2012.



SERSOL - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameSERSOL TECHNOLOGIES BERHAD (ACE Market) 
Stock Name SERSOL  
Date Announced9 Nov 2012  
CategoryGeneral Announcement
Reference NoOS-121109-35207

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
DescriptionSERSOL TECHNOLOGIES BERHAD (“SERSOL” OR THE “COMPANY”)

(I) PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS
(II) PROPOSED SIS
(III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL
(IV) PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

On behalf of the Board of Directors of SerSol (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:

(i)�� proposed renounceable rights issue of up to 96,351,000 new ordinary shares of RM0.10 each in SerSol (“SerSol Shares”) (“Rights Shares”), together with up to 96,351,000 free detachable new warrants (“Warrants”) on the basis of one (1) Rights Share together with one (1) Warrant for every one (1) existing SerSol Share held at an entitlement date to be determined later (“Proposed Rights Issue of Shares with Warrants”);�

(ii)�� proposed establishment of a share issuance scheme of up to thirty percent (30%) of the issued and paid-up share capital of SerSol (excluding treasury shares) at any point in time for the eligible directors and employees of SerSol and its subsidiaries (“Proposed SIS”);

(iii)�� proposed increase in the authorised share capital of SerSol from RM25,000,000 comprising 250,000,000 SerSol Shares to RM50,000,000 comprising 500,000,000 SerSol Shares (“Proposed Increase in Authorised Share Capital”); and�

(iv)�� proposed amendments to the Memorandum and Articles of Association of SerSol (“Proposed Amendments”).

Further details on the Proposals are set out in the attachment.

This announcement is dated 9 November 2012.

Attachments

SerSol - Proposals.pdf
241 KB



K1 - OTHERS K-One Technology Berhad ("K-One Tech" or "the Company") Change of Principal Officer

Announcement Type: General Announcement
Company NameK-ONE TECHNOLOGY BERHAD (ACE Market) 
Stock Name K1  
Date Announced9 Nov 2012  
CategoryGeneral Announcement
Reference NoCC-121106-34426

TypeAnnouncement
SubjectOTHERS
DescriptionK-One Technology Berhad ("K-One Tech" or "the Company")
Change of Principal Officer
The K-One Group is pleased to advise the promotion of Mr. Gary Goh Sai Keong, Group Finance Director to Senior Corporate Finance Director.
At the same time, Ms. Leong Choi Ling will assume to head the Accounts & Finance functions as Group Finance Manager. She holds a professional qualification from the Association of Chartered Certified Accountants (ACCA) and is a Chartered Accountant registered with the Malaysia Institute of Accountants (MIA).

Ms. Leong Choi Ling has about 15 years of professional experience in the field of accounting and finance. She started her career in auditing, followed by taxation with the Lion Group and subsequently assumed managerial positions in accounts and finance with Perak Textile Mills Sdn. Bhd. and Rimbun Teratai Sdn. Bhd, with the latter’s holding company listed in the Australia Stock Exchange.

This announcement is dated 9 November 2012.


MICROLN - Changes in Sub. S-hldr's Int. (29B) - Insas Plaza Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced9 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121109-C455F

Particulars of substantial Securities Holder

NameInsas Plaza Sdn Bhd
AddressNo. 45-5, The Boulevard
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
NRIC/Passport No/Company No.150118-V
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderInsas Plaza Sdn Bhd
No. 45-5, The Boulevard
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired06/11/2012
40,000
 
Acquired07/11/2012
5,000
 

Circumstances by reason of which change has occurredPurchases through the open market
Nature of interestDirect
Direct (units)45,000 
Direct (%)0.04 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change7,748,400
Date of notice09/11/2012


MICROLN - Changes in Sub. S-hldr's Int. (29B) - Insas Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced9 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121109-C77FB

Particulars of substantial Securities Holder

NameInsas Berhad
AddressNo. 45-5, The Boulevard
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
NRIC/Passport No/Company No.4081-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderInsas Plaza Sdn Bhd
No. 45-5, The Boulevard
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired06/11/2012
40,000
 
Acquired07/11/2012
5,000
 

Circumstances by reason of which change has occurredDeemed interest by virtue of purchases by Insas Plaza Sdn Bhd which is a wholly-owned subsidiary of Insas Berhad
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)45,000 
Indirect/deemed interest (%)0.04 
Total no of securities after change7,748,400
Date of notice09/11/2012


WINSUN - Changes in Sub. S-hldr's Int. (29B) - Choong Siew Meng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWINSUN TECHNOLOGIES BERHAD (ACE Market) 
Stock Name WINSUN  
Date Announced9 Nov 2012  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-121109-12CEA

Particulars of substantial Securities Holder

NameChoong Siew Meng
Address136Q-3-5, Lorong Rambutan 3, 11500 Air Itam, Penang.
NRIC/Passport No/Company No.680502-07-5021
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderChoong Siew Meng
136Q-3-5, Lorong Rambutan 3, 11500 Air Itam, Penang.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed09/11/2012
5,000,000
0.120 

Circumstances by reason of which change has occurredDisposal of shares via off market
Nature of interestDirect
Direct (units)80,499,000 
Direct (%)26.83 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change80,499,000
Date of notice09/11/2012


WINSUN - Changes in Director's Interest (S135) - Choong Siew Meng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWINSUN TECHNOLOGIES BERHAD (ACE Market) 
Stock Name WINSUN  
Date Announced9 Nov 2012  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-121109-12D01

Information Compiled By KLSE

Particulars of Director

NameChoong Siew Meng
Address136Q-3-5, Lorong Rambutan 3, 11500 Air Itam, Penang.
Descriptions(Class & nominal value)Ordinary shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
09/11/2012
5,000,000
0.120 

Circumstances by reason of which change has occurredDisposal of shares via off market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)80,499,000 
Direct (%)26.83 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice09/11/2012

Remarks :
1) The disposal of 5,000,000 ordinary shares of RM0.10 each represents 1.67% of the total issued capital of the Company.

2) This transaction is dealings of securities during a closed period.


WINSUN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameWINSUN TECHNOLOGIES BERHAD (ACE Market) 
Stock Name WINSUN  
Date Announced9 Nov 2012  
CategoryGeneral Announcement
Reference NoCC-121109-12CF8

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionPursuant to Rule 14.09(a) of Chapter 14 of the Listing Requirements of Bursa Malaysia Securities Berhad for ACE Market, this is to notify that the Company has received notification from the Managing Director, Mr. Choong Siew Meng in relation to his disposal of the Company’s shares during the closed period as stated below:-

1) Date of dealing - 9.11.2012
2) No. of ordinary shares of RM0.10 each disposed – 5,000,000
3) % of issued share capital – 1.67
4) Transaction – Disposal of shares via off market
5) Consideration per share - RM0.12 each

This announcement is dated 9 November 2012.



AMEDIA - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameASIA MEDIA GROUP BERHAD (ACE Market) 
Stock Name AMEDIA  
Date Announced9 Nov 2012  
CategoryGeneral Meetings
Reference NoCC-121108-54512

Admission SponsorPM Securities Sdn Bhd
SponsorTA Securities Holdings Bhd
Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionASIA MEDIA GROUP BERHAD ("AMEDIA" OR "THE COMPANY")
- NOTICE OF EXTRAORDINARY GENERAL MEETING ("EGM")
Date of Meeting05/12/2012
Time09:00 AM
VenueIvory 10 Room, Holiday Villa Hotel and Suites Subang 9, Jalan SS12/1, 47500 Subang Jaya, Selangor Darul Ehsan.
Date of General Meeting Record of Depositors29/11/2012

Attachments

FINAL - Notice of EGM.pdf
162 KB



XOX - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameXOX BHD (ACE Market) 
Stock Name XOX  
Date Announced9 Nov 2012  
CategoryGeneral Meetings
Reference NoCC-121108-40866

Admission SponsorAmInvestment Bank Bhd
SponsorSame as above
Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionNotice of Second Annual General Meeting
Date of Meeting05/12/2012
Time08:30 AM
VenueInspire I & II, Only World Group, No. 10 Jalan Pelukis U1/46, Section U1, Temasya Industrial Park, Glenmarie, 40150 Shah Alam
Date of General Meeting Record of Depositors28/11/2012


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