KARYON - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | KARYON INDUSTRIES BERHAD (ACE Market) |
| Stock Name | KARYON |
| Date Announced | 23 Nov 2012 |
| Category | Change in Boardroom |
| Reference No | CU-121107-65890 |
| Date of change | 23/11/2012 |
| Name | LYE GHEE KANG |
| Age | 38 |
| Nationality | Malaysian |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Type of change | Resignation |
| Reason | He wishes to spend more time expanding his public practice business. |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | Mr Lye graduated with a Bachelor of Business, Accountancy from Royal Melbourne Institute of Technology (RMIT) University in Australia. He is a member of the Malaysian Institute of Accountants, CPA Australia and Chartered Tax Institute of Malaysia. |
| Working experience and occupation | Mr Lye started his career as an audit assistant with local and multinational audit firms from 2000 to 2004. He joined Flextronics Technology (M) Sdn Bhd in 2004 as an accountant and later on being promoted as senior accountant. His principal role was to supervise the financial accounting section of the department and liaise with auditors and tax agent. Presently, he is a partner of an audit firm, G.K. Lye & Co., which was set up by himself 5 years ago. Mr. Lye is the Approved Company Auditor under Companies Act 1965 and also Licensed Tax Agent under Income Tax Act 1967. |
| Directorship of public companies (if any) | NA |
| Family relationship with any director and/or major shareholder of the listed issuer | NA |
| Any conflict of interests that he/she has with the listed issuer | NA |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NA |
| Remarks : |
| Mr Lye also resigned as chairman of the Audit Committee and member of the Nomination Committee. |
KARYON - OTHERS KARYON INDUSTRIES BERHAD ("Karyon" or "the Company") -Change in Composition of Nomination Committee
Announcement Type: General Announcement
| Company Name | KARYON INDUSTRIES BERHAD (ACE Market) |
| Stock Name | KARYON |
| Date Announced | 23 Nov 2012 |
| Category | General Announcement |
| Reference No | CU-121108-56161 |
| Type | Announcement |
| Subject | OTHERS |
| Description | KARYON INDUSTRIES BERHAD ("Karyon" or "the Company") -Change in Composition of Nomination Committee |
The Board of Directors of Karyon wishes to announce that subsequent to the resignation of Mr Lye Ghee Kang as Indpendent Non-Executive Director of the Company with effect from 23 November 2012, Mr Lye had also resigned as Chairman of the Audit Committee and as a member of the Nomination Committee of the Company. Dr Tan Seng Leong is redesignated from Independent Non-Executive Director to Senior Independent Non-Executive Director with effect from 23 November 2012. He is also the Chairman of the Nomination Committee and as a member of Audit Committee and Remuneration Committee. The composition of the Nomination Committee after the above changes is as follows: Nomination Committee 1) Dr Tan Seng Leong - Chairman (Senior Independent Non-Executive Director) 2) Loh Chen Yook - Member (Non-Independent Non-Executive Director) This announcement is dated 23 November 2012. | |
KARYON - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | KARYON INDUSTRIES BERHAD (ACE Market) |
| Stock Name | KARYON |
| Date Announced | 23 Nov 2012 |
| Category | Change in Audit Committee |
| Reference No | CU-121107-66773 |
| Date of change | 23/11/2012 |
| Name | LYE GHEE KANG |
| Age | 38 |
| Nationality | Malaysian |
| Type of change | Resignation |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Mr Lye graduated with a Bachelor of Business, Accountancy from Royal Melbourne Institute of Technology (RMIT) University in Australia. He is a member of the Malaysian Institute of Accountants, CPA Australia and Chartered Tax Institute of Malaysia. |
| Working experience and occupation | Mr Lye started his career as an audit assistant with local and multinational audit firms from 2000 to 2004. He joined Flextronics Technology (M) Sdn Bhd in 2004 as an accountant and later on being promoted as senior accountant. His principal role was to supervise the financial accounting section of the department and liaise with auditors and tax agent. Presently, he is a partner of an audit firm, G.K. Lye & Co., which was set up by himself 5 years ago. Mr. Lye is the Approved Company Auditor under Companies Act 1965 and also Licensed Tax Agent under Income Tax Act 1967. |
| Directorship of public companies (if any) | NA |
| Family relationship with any director and/or major shareholder of the listed issuer | NA |
| Any conflict of interests that he/she has with the listed issuer | NA |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NA |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Kuan Kai Seng - Chairman (Independent Non-Executive Director) 2) Dr Tan Seng Leong - Member (Senior Independent & Non-Executive Director) |
| Remarks : |
| Mr Lye has resigned as Director of the Board of Karyon and therefore also resigned as Chairman of the Audit Committee and member of the Nomination Committee with effect from 23 November 2012. Dr Tan Seng Leong is redesignated from Independent Non-Executive Director to Senior Independent Non-Executive Director with effect from 23 November 2012. He is also the Chairman of the Nomination Committee and a member of Audit Committee and Remuneration Committee. |
KARYON - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | KARYON INDUSTRIES BERHAD (ACE Market) |
| Stock Name | KARYON |
| Date Announced | 23 Nov 2012 |
| Category | Change in Boardroom |
| Reference No | CU-121123-57670 |
| Date of change | 23/11/2012 |
| Name | DR TAN SENG LEONG |
| Age | 68 |
| Nationality | Singaporean |
| Type of change | Redesignation |
| Previous Position | Non-Executive Director |
| New Position | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | Dr Tan graduated in 1967 with a degree in Chemistry from Nanyang University, Singapore and subsequently in 1970, he obtained a PhD in Chemistry from Loughborough University of Technology, England. |
| Working experience and occupation | Dr Tan began his career with Singapore government civil service before moving to private commercial sector. In 1985, Dr Tan joined Albright & Wilson Asia Pacific ("AWAP') in Singapore, regional headquarters of a British chemical conglomerate, as Technical Vice President and had held various senior positions in the AWAP group of companies, which included managing directorships in Hunan Albright & Wilson Industrial Co Ltd, Changsha, China and Ethoxylates Manufacturing Pte Ltd, Singapore. He was a Managing Director in a joint venture chemical company in Shijazhuang, China. Dr Tan is also a Director of Nice Chemicals Pte Ltd, Singapore. Dr Tan has more than 38 years of experience in technical management, marketing and sales management and general management at board level. He does not have any family relationship with the directors and/or substantial shareholders of the Company. He has no convictions for any offences within the past 10 years. He has no conflict of interest with 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: 3,652,172 ordinary shares of RM0.10 each in Karyon. |
| Remarks : |
| Dr Tan Seng Leong is redesignated from Independent Non-Executive Director to Senior Independent Non-Executive Director with effect from 23 November 2012. He is also the Chairman of the Nomination Committee and a member of Audit Committee and Remuneration Committee. |
KARYON - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | KARYON INDUSTRIES BERHAD (ACE Market) |
| Stock Name | KARYON |
| Date Announced | 23 Nov 2012 |
| Category | Change in Audit Committee |
| Reference No | CU-121123-60729 |
| Date of change | 23/11/2012 |
| Name | KUAN KAI SENG |
| Age | 38 |
| Nationality | Malaysian |
| Type of change | Redesignation |
| Previous Position | Member of Audit Committee |
| New Position | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Mr Kuan obtained a Bachelor degree in Accountancy from Nelson Polytechnic, New Zealand in December 1999 and Chartered Accountancy of the Institute Chartered Accountant of New Zealand in 2002. He is member of New Zealand Institute of Chartered Accountants, Malaysian Institute of Accountants (MIA) and Chartered Tax Institute of Malaysia. |
| Working experience and occupation | Mr Kuan joined Ernst & Young from March 1999 to September 2002, carrying out statutory audit on private limited and public limited companies. Subsequently, he was the Group Accountant in a local group of companies. His employment with the group of companies included three year overseas posting as an assistant general manager cum head of finance for the group’s subsidiary in China. After that, he was in public practice as a chartered accountant in a member firm of MIA. Presently, Mr Kuan is also holding directorship in Xiang Leng Holdings Berhad, a company listed on Bursa Malaysia Securities Berhad. |
| Directorship of public companies (if any) | Xian Leng Holdings 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 | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Kuan Kai Seng - Chairman (Independent Non-Executive Director) 2) Dr Tan Seng Leong - Member (Senior Independent & Non-Executive Director) |
| Remarks : |
| Dr Tan Seng Leong is redesignated from Independent Non-Executive Director to Senior Independent Non-Executive Director with effect from 23 November 2012. He is also the Chairman of the Nomination Committee and a member of Audit Committee and Remuneration Committee. |
MPAY - Quarterly rpt on consolidated results for the financial period ended 30/9/2012
Announcement Type: Financial Results
| Company Name | MANAGEPAY SYSTEMS BERHAD (ACE Market) |
| Stock Name | MPAY |
| Date Announced | 23 Nov 2012 |
| Category | Financial Results |
| Reference No | CC-121123-65634 |
| Admission Sponsor | OSK Investment Bank Bhd |
| Sponsor | Same as above |
| Financial Year End | 31/12/2012 |
| Quarter | 3 |
| Quarterly report for the financial period ended | 30/09/2012 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/09/2012 |
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 | 1,620 | 2,480 | 4,814 | 7,253 |
| 2 | Profit/(loss) before tax | 234 | -669 | 448 | -934 |
| 3 | Profit/(loss) for the period | 104 | -780 | 297 | -1,074 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 104 | -780 | 297 | -1,074 |
| 5 | Basic earnings/(loss) per share (Subunit) | 0.05 | -0.46 | 0.14 | -0.63 |
| 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 ($$) | 0.1200 | 0.1200 | ||
Definition of Subunit:
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 |
CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | CIMB FTSE ASEAN 40 MALAYSIA |
| Stock Name | CIMBA40 |
| Date Announced | 23 Nov 2012 |
| Category | General Announcement |
| Reference No | OB-121123-66624 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE ASEAN 40 Malaysia Date: 23-Nov-2012 IOPV per unit (RM): 1.5977 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: 10,758.65 |
CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | CIMB FTSE CHINA 25 |
| Stock Name | CIMBC25 |
| Date Announced | 23 Nov 2012 |
| Category | General Announcement |
| Reference No | OB-121123-66559 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE China 25 Date: 23-Nov-2012 IOPV per unit (RM): 0.9033 Units in circulation (units): 29,250,000.00 Management Fee (% p.a.): 0.60 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.04 FTSE/Xinhua China 25 Index: 16,414.01 |
SUMATEC - MEMORANDUM OF UNDERSTANDING
Announcement Type: General Announcement
| Company Name | SUMATEC RESOURCES BERHAD |
| Stock Name | SUMATEC |
| Date Announced | 23 Nov 2012 |
| Category | General Announcement |
| Reference No | OS-121123-59577 |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | SUMATEC RESOURCES BERHAD (“SUMATEC” OR “COMPANY”) - THE ENTERING INTO A FRAMEWORK AGREEMENT FOR THE PROPOSED AWARD OF THE JOINT INVESTMENT AGREEMENT FOR RAKUSHECHNOYE OIL AND GAS FIELD (“ALSO KNOWN AS SHELLY OIL FIELD”) IN KAZAKHSTAN TO FORM AN INTEGRAL PART OF THE PROPOSED REGULARISATION EXERCISE OF THE COMPANY |
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the announcement dated 29 November 2011 in relation to the above matter) Reference is made to the announcements dated 29 November 2011, 29 December 2011, 16 January 2012 and 8 March 2012 in relation to the Framework Agreement. M&A Securities Sdn Bhd on behalf of the Board of Sumatec wishes to announce that Sumatec, MELL and COG had on 23 November 2012, entered into an addendum to the JIA (“Addendum”) to amend clause 8.1.4 of the JIA as follows:- Current provision If Petroleum Operations are suspended or seriously jeopardized for a period exceeding eighteen (18) consecutive months due to “Force Majeure” as defined in Article 30, (but for reasons other than legislation/order of Government) COG may terminate this Agreement by giving SRB a three (3) Months’ written notice. Amended provision If Petroleum Operations are suspended or seriously jeopardized for a period exceeding eighteen (18) consecutive Months due to “Force Majeure” as defined in Article 30 or by reasons where COG fails to obtain any licenses or renewals thereof or the relevant and/or necessary approvals for the Petroleum Operations, SRB may terminate this Agreement by giving COG a three (3) Months’ written notice. The above amendment is to provide clarity to the rights of Sumatec in relation to the termination provisions of the JIA. Save for the above, the other terms and conditions of the JIA remain unchanged. The Addendum will be made available for inspection at the Company’s registered office at Level 15-2, Bangunan Faber Imperial Court, Jalan Sultan Ismail, 50250 Kuala Lumpur during normal office hours from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 23 November 2012. � � � � � � � � � | |
GENTING - OTHERS ACQUISITION OF THE ENTIRE EQUITY INTEREST OF PT LESTARI PROPERTI INVESTAMA BY GENTING OIL SALAWATI PTE LTD AND SWALLOW CREEK LIMITED, BOTH OF WHICH ARE INDIRECT 95.005% OWNED SUBSIDIARIES OF THE COMPANY
Announcement Type: General Announcement
| Company Name | GENTING BERHAD |
| Stock Name | GENTING |
| Date Announced | 23 Nov 2012 |
| Category | General Announcement |
| Reference No | GG-121123-4E033 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ACQUISITION OF THE ENTIRE EQUITY INTEREST OF PT LESTARI PROPERTI INVESTAMA BY GENTING OIL SALAWATI PTE LTD AND SWALLOW CREEK LIMITED, BOTH OF WHICH ARE INDIRECT 95.005% OWNED SUBSIDIARIES OF THE COMPANY |
Genting Berhad (“the Company”) writes to�inform that Genting Oil Salawati Pte Ltd�and Swallow Creek Limited, both of which are�indirect 95.005% owned subsidiaries of the Company�have acquired�24,900 shares of Rp.100,000 each and 100 shares of Rp. 100,000 each representing the entire issued and paid-up share capital of PT Lestari Properti Investama (formerly known as PT Sarana Eksplorasi Utama) ("PTLPI") for a total cash consideration of Rp. 2.5 billion (equivalent to RM817,500)�for the purpose of property investment. PTLPI was incorporated in Indonesia on 26 August 2011 with an authorised share capital of Rp. 10 billion comprising 100,000 shares of�Rp.100,000�each. None of the Directors and/or major shareholders of the Company and/or persons connected with them�has any interest, direct or indirect in the�aforesaid�acquisition. The aforesaid new subsidiary is not expected to have any effect on the group's profit for 2012. This announcement is dated�23 November 2012. | |
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