November 22, 2012

Company announcements: PALETTE, OCNCASH, MQTECH, NOTION, MNC, DGSB, SANICHI, MYEG, KEYASIC, INNITY

PALETTE - Quarterly rpt on consolidated results for the financial period ended 30/9/2012

Announcement Type: Financial Results
Company NamePALETTE MULTIMEDIA BERHAD (ACE Market) 
Stock Name PALETTE  
Date Announced22 Nov 2012  
CategoryFinancial Results
Reference NoCK-121112-54655

Financial Year End31/12/2012
Quarter3
Quarterly report for the financial period ended30/09/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/09/2012
30/09/2011
30/09/2012
30/09/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
963
1,210
2,586
5,088
2Profit/(loss) before tax
263
-511
-113
-833
3Profit/(loss) for the period
263
-511
-113
-833
4Profit/(loss) attributable to ordinary equity holders of the parent
262
-511
-114
-833
5Basic earnings/(loss) per share (Subunit)
0.09
-0.18
-0.04
-0.29
6Proposed/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 ($$)
0.0663
0.0667
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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


OCNCASH - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameOCEANCASH PACIFIC BERHAD (ACE Market) 
Stock Name OCNCASH  
Date Announced22 Nov 2012  
CategoryGeneral Announcement
Reference NoML-121122-63001

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionOCEANCASH PACIFIC BERHAD (“OPB” OR “COMPANY”)

(I) PROPOSED SPECIAL ISSUE;
(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
(III) PROPOSED M&A AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
We refer to the announcements dated 3 November 2011, 4 November 2011, 29 December 2011, 8 February 2012, 15 February 2012 and 5 November 2012 in relation to the Proposals. The abbreviations used in this announcement are consistent with that used in the earlier announcements.
          On behalf of the Board, HLIB is pleased to announce that Bursa Securities has, vide its letter dated 22 November 2012, approved the listing and quotation of up to 31,860,000 Special Issue Shares to be issued pursuant to the Proposed Special Issue, subject to the following conditions:

          (i) OPB and HLIB must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Special Issue;
            (ii) OPB and HLIB to inform Bursa Securities upon completion of the Proposed Special Issue; and
              (iii) OPB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Special Issue is completed.
              This announcement is dated 22 November 2012.


      MQTECH - Quarterly rpt on consolidated results for the financial period ended 30/9/2012

      Announcement Type: Financial Results
      Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
      Stock Name MQTECH  
      Date Announced22 Nov 2012  
      CategoryFinancial Results
      Reference NoCC-121120-BD6C8

      Financial Year End31/12/2012
      Quarter3
      Quarterly report for the financial period ended30/09/2012
      The figureshave not been audited
      • Default Currency
      • Other Currency

      Currency: Malaysian Ringgit (MYR)

      SUMMARY OF KEY FINANCIAL INFORMATION
      30/09/2012

       
      INDIVIDUAL PERIOD
      CUMULATIVE PERIOD
      CURRENT YEAR QUARTER
      PRECEDING YEAR
      CORRESPONDING
      QUARTER
      CURRENT YEAR TO DATE
      PRECEDING YEAR
      CORRESPONDING
      PERIOD
      30/09/2012
      30/09/2011
      30/09/2012
      30/09/2011
      $$'000
      $$'000
      $$'000
      $$'000
      1Revenue
      4,401
      7,035
      22,754
      18,496
      2Profit/(loss) before tax
      -2,305
      -468
      -1,384
      -2,998
      3Profit/(loss) for the period
      -2,305
      -468
      -1,384
      -2,998
      4Profit/(loss) attributable to ordinary equity holders of the parent
      -2,352
      -574
      -1,414
      -3,004
      5Basic earnings/(loss) per share (Subunit)
      -1.00
      -0.20
      -0.60
      -1.30
      6Proposed/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 ($$)
      0.2200
      0.2200
      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:

      CountryBase UnitSubunit
      MalaysiaRinggitSen
      United StatesDollarCent
      United KingdomPoundPence


      NOTION - Notice of Shares Buy Back - Immediate Announcement

      Announcement Type: Notice of Shares Buy Back - Immediate Announcement
      Company NameNOTION VTEC BERHAD  
      Stock Name NOTION  
      Date Announced22 Nov 2012  
      CategoryNotice of Shares Buy Back - Immediate Announcement
      Reference NoCC-121122-1E179

      Date of buy back22/11/2012
      Description of shares purchasedOrdinary Shares of RM0.50 each
      CurrencyMalaysian Ringgit (MYR)
      Total number of shares purchased (units)100,000
      Minimum price paid for each share purchased ($$)0.970
      Maximum price paid for each share purchased ($$)0.980
      Total consideration paid ($$)97,910.36
      Number of shares purchased retained in treasury (units)100,000
      Number of shares purchased which are proposed to be cancelled (units)0
      Cumulative net outstanding treasury shares as at to-date (units)6,464,548
      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 (%)2.39


      MNC - Quarterly rpt on consolidated results for the financial period ended 30/9/2012

      Announcement Type: Financial Results
      Company NameM N C WIRELESS BERHAD (ACE Market) 
      Stock Name MNC  
      Date Announced22 Nov 2012  
      CategoryFinancial Results
      Reference NoCP-121122-53786

      Financial Year End31/12/2012
      Quarter3
      Quarterly report for the financial period ended30/09/2012
      The figureshave not been audited
      • Default Currency
      • Other Currency

      Currency: Malaysian Ringgit (MYR)

      SUMMARY OF KEY FINANCIAL INFORMATION
      30/09/2012

       
      INDIVIDUAL PERIOD
      CUMULATIVE PERIOD
      CURRENT YEAR QUARTER
      PRECEDING YEAR
      CORRESPONDING
      QUARTER
      CURRENT YEAR TO DATE
      PRECEDING YEAR
      CORRESPONDING
      PERIOD
      30/09/2012
      30/09/2011
      30/09/2012
      30/09/2011
      $$'000
      $$'000
      $$'000
      $$'000
      1Revenue
      3,303
      3,534
      10,451
      11,388
      2Profit/(loss) before tax
      -830
      -228
      -2,312
      -179
      3Profit/(loss) for the period
      -830
      -228
      -2,312
      -179
      4Profit/(loss) attributable to ordinary equity holders of the parent
      -830
      -228
      -2,312
      -179
      5Basic earnings/(loss) per share (Subunit)
      -0.88
      -0.24
      -2.45
      -0.19
      6Proposed/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 ($$)
      0.0840
      0.1084
      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:

      CountryBase UnitSubunit
      MalaysiaRinggitSen
      United StatesDollarCent
      United KingdomPoundPence


      DGSB - Quarterly rpt on consolidated results for the financial period ended 30/9/2012

      Announcement Type: Financial Results
      Company NameDIVERSIFIED GATEWAY SOLUTIONS BERHAD (ACE Market) 
      Stock Name DGSB  
      Date Announced22 Nov 2012  
      CategoryFinancial Results
      Reference NoDG-121120-61239

      Admission SponsorKenanga Investment Bank Bhd
      SponsorM&A Securities Sdn Bhd
      Financial Year End31/03/2013
      Quarter2
      Quarterly report for the financial period ended30/09/2012
      The figureshave not been audited

      Remarks :
      c.c. Securities Commission
      • Default Currency
      • Other Currency

      Currency: Malaysian Ringgit (MYR)

      SUMMARY OF KEY FINANCIAL INFORMATION
      30/09/2012

       
      INDIVIDUAL PERIOD
      CUMULATIVE PERIOD
      CURRENT YEAR QUARTER
      PRECEDING YEAR
      CORRESPONDING
      QUARTER
      CURRENT YEAR TO DATE
      PRECEDING YEAR
      CORRESPONDING
      PERIOD
      30/09/2012
      30/09/2011
      30/09/2012
      30/09/2011
      $$'000
      $$'000
      $$'000
      $$'000
      1Revenue
      14,354
      11,483
      35,326
      26,841
      2Profit/(loss) before tax
      -776
      -5,833
      262
      -3,374
      3Profit/(loss) for the period
      -599
      -6,087
      -215
      -4,127
      4Profit/(loss) attributable to ordinary equity holders of the parent
      -598
      -6,069
      -213
      -4,113
      5Basic earnings/(loss) per share (Subunit)
      -0.04
      -0.45
      -0.02
      -0.30
      6Proposed/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 ($$)
      0.0260
      0.0265
      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:

      CountryBase UnitSubunit
      MalaysiaRinggitSen
      United StatesDollarCent
      United KingdomPoundPence


      SANICHI - MULTIPLE PROPOSALS

      Announcement Type: General Announcement
      Company NameSANICHI TECHNOLOGY BERHAD (ACE Market) 
      Stock Name SANICHI  
      Date Announced22 Nov 2012  
      CategoryGeneral Announcement
      Reference NoMM-121121-72546

      TypeAnnouncement
      SubjectMULTIPLE PROPOSALS
      DescriptionSANICHI TECHNOLOGY BERHAD (“STB” OR THE “COMPANY”)

      (I) PROPOSED SHARE PREMIUM REDUCTION;
      (II) PROPOSED PAR VALUE REDUCTION AND CONSOLIDATION;
      (III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL;
      (IV) PROPOSED M&A AMENDMENTS;
      (V) PROPOSED RESTRICTED ISSUE WITH WARRANTS;
      (VI) PROPOSED DEBT RESTRUCTURING;
      (VII) PROPOSED RIGHTS ISSUE WITH WARRANTS; AND
      (VIII) PROPOSED EXEMPTION

      (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

      For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcements, where applicable, unless stated otherwise or defined herein.

      Reference is made to the Company’s announcement on 15 May 2012 and subsequent announcements made in relation to the Proposals.

      On behalf of the Board of Directors of STB, Public Investment Bank Berhad wishes to announce that an application in respect of the Proposed Exemption has been submitted to the Securities Commission Malaysia today.

      This announcement is dated 22 November 2012.



      MYEG - Notice of Shares Buy Back - Immediate Announcement

      Announcement Type: Notice of Shares Buy Back - Immediate Announcement
      Company NameMY E.G. SERVICES BERHAD  
      Stock Name MYEG  
      Date Announced22 Nov 2012  
      CategoryNotice of Shares Buy Back - Immediate Announcement
      Reference NoCC-121122-162A2

      Date of buy back22/11/2012
      Description of shares purchasedOrdinary Shares of RM0.10 each
      CurrencyMalaysian Ringgit (MYR)
      Total number of shares purchased (units)100,000
      Minimum price paid for each share purchased ($$)0.735
      Maximum price paid for each share purchased ($$)0.735
      Total consideration paid ($$)73,500.00
      Number of shares purchased retained in treasury (units)100,000
      Number of shares purchased which are proposed to be cancelled (units)
      Cumulative net outstanding treasury shares as at to-date (units)5,035,600
      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 (%)0.8378


      KEYASIC - Quarterly rpt on consolidated results for the financial period ended 30/9/2012

      Announcement Type: Financial Results
      Company NameKEY ASIC BERHAD  
      Stock Name KEYASIC  
      Date Announced22 Nov 2012  
      CategoryFinancial Results
      Reference NoCK-121121-51769

      Financial Year End31/12/2012
      Quarter3
      Quarterly report for the financial period ended30/09/2012
      The figureshave not been audited
      • Default Currency
      • Other Currency

      Currency: Malaysian Ringgit (MYR)

      SUMMARY OF KEY FINANCIAL INFORMATION
      30/09/2012

       
      INDIVIDUAL PERIOD
      CUMULATIVE PERIOD
      CURRENT YEAR QUARTER
      PRECEDING YEAR
      CORRESPONDING
      QUARTER
      CURRENT YEAR TO DATE
      PRECEDING YEAR
      CORRESPONDING
      PERIOD
      30/09/2012
      30/09/2011
      30/09/2012
      30/09/2011
      $$'000
      $$'000
      $$'000
      $$'000
      1Revenue
      4,193
      4,884
      12,924
      14,363
      2Profit/(loss) before tax
      -4,101
      -9,762
      -11,675
      -19,087
      3Profit/(loss) for the period
      -4,129
      -9,774
      -11,763
      -19,159
      4Profit/(loss) attributable to ordinary equity holders of the parent
      -4,129
      -9,774
      -11,763
      -19,159
      5Basic earnings/(loss) per share (Subunit)
      -0.51
      -1.21
      -1.47
      -2.38
      6Proposed/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 ($$)
      0.1023
      0.1171
      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:

      CountryBase UnitSubunit
      MalaysiaRinggitSen
      United StatesDollarCent
      United KingdomPoundPence


      INNITY - Quarterly rpt on consolidated results for the financial period ended 30/9/2012

      Announcement Type: Financial Results
      Company NameINNITY CORPORATION BERHAD (ACE Market) 
      Stock Name INNITY  
      Date Announced22 Nov 2012  
      CategoryFinancial Results
      Reference NoCK-121122-51856

      Financial Year End31/12/2012
      Quarter3
      Quarterly report for the financial period ended30/09/2012
      The figureshave not been audited
      • Default Currency
      • Other Currency

      Currency: Malaysian Ringgit (MYR)

      SUMMARY OF KEY FINANCIAL INFORMATION
      30/09/2012

       
      INDIVIDUAL PERIOD
      CUMULATIVE PERIOD
      CURRENT YEAR QUARTER
      PRECEDING YEAR
      CORRESPONDING
      QUARTER
      CURRENT YEAR TO DATE
      PRECEDING YEAR
      CORRESPONDING
      PERIOD
      30/09/2012
      30/09/2011
      30/09/2012
      30/09/2011
      $$'000
      $$'000
      $$'000
      $$'000
      1Revenue
      9,563
      9,528
      29,748
      24,166
      2Profit/(loss) before tax
      461
      1,250
      1,772
      1,493
      3Profit/(loss) for the period
      417
      1,218
      1,656
      1,435
      4Profit/(loss) attributable to ordinary equity holders of the parent
      503
      1,243
      1,801
      1,452
      5Basic earnings/(loss) per share (Subunit)
      0.40
      0.99
      1.43
      1.15
      6Proposed/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 ($$)
      0.1773
      0.1313
      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:

      CountryBase UnitSubunit
      MalaysiaRinggitSen
      United StatesDollarCent
      United KingdomPoundPence


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