February 22, 2013

Company announcements: TIGER, SMISCOR, OKA, CAB, WATTA, PWROOT, SCNWOLF, HANDAL

TIGER - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameTIGER SYNERGY BERHAD  
Stock Name TIGER  
Date Announced22 Feb 2013  
CategoryGeneral Announcement
Reference NoCK-130222-7FCA6

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionTIGER SYNERGY BERHAD
Update of Material Litigations
The Board of Directors of TIGER SYNERGY BERHAD (“the Company”) wishes to update the Exchange on the following legal cases of the subsidiaries of the Company:-

(a) A legal action was initiated against Janavista Sdn Bhd, a wholly owned subsidiary of the Company by Yeo Ping Tieng and Biaxis Sdn Bhd for a declaration that the Sale and Purchase Agreement dated 4.4.2006 is valid and Yeo Ping Tieng is the legal owner of the property. The plaintiff further claim a sum of RM261,719.84 and interest of 8% per annum being liquidated damages for failure to deliver vacant possession. The case is fixed for trial on 13/01/2014 to 17/01/2014.

(b) A legal action has been instituted by a third party against a wholly-owned subsidiary company, Janavista Sdn Bhd. for trespassing and encroaching into the land owned by the third party which is located beside the development project of the subsidiary company. The court has fixed on 4/03/2013 for the case management of assessment of damages.

(c) A legal action was initiated against Janavista Sdn. Bhd. (JSB), a wholly owned subsidiary of the Company by Poon Tak Woo Mark (PTW) for breach of the Sale and Purchase Agreement dated 29.10.2004 for the sales of 4 units of bungalow lots. The case be remitted to High Court for trial on merits. The case is fixed for trial on 4 January 2013 and pending for decision.

(d) A legal action was taken by Wong Yu Chiu (WYC) against Janavista Sdn. Bhd. (JSB), a wholly owned subsidiary of the company for the sum of RM391,503.31 being liquidated damages and interest of 8% per annum for failure to deliver vacant possession. Plaintiff’s application for summary judgment has been granted. A winding-up petition has been served by Wong Yu Chiu for the claim of RM488,896.43 and the winding-up petition has been withheld as parties have reached an amicable settlement and the winding-up petition has been withdrawn.

(e) A legal action was initiated against Janavista Sdn. Bhd., a wholly owned subsidiary of the Company by Lim SiewTeck for the sum of RM109,158.00 together with specific performance and damages. Parties have reached an amicable settlement.

(f) A legal action was initiated against Janavista Sdn. Bhd., a wholly owned subsidiary of the company by CIMB Bank Berhad for a declaration that the Sale and Purchase Agreement dated 20/10/2006 is valid and Lee Won Keng and Mah Mun Pein are the legal owner of the property together with an injunction to refrain the defendants to sell, charge and/or transfer the subject property. The case is fixed for trial on 28/03/2013 & 29/03/2013.

(g) A legal action was initiated against Janavista Sdn. Bhd., a wholly owned subsidiary of the company by CIMB Bank Berhad for a declaration that the Sale and Purchase Agreement dated 16/11/2006 is valid and Muhammad Amin Cheoh Bin Abdullah is the legal owner of the property together with an injunction to refrain the defendants to sell, charge and/or transfer the subject property. The case is fixed for trial on 28/03/2013 & 29/03/2013.

(h) A winding up petition has been served by Ng Chee On against Janavista Sdn Bhd.(“JSB”), a wholly-owned subsidiary of the Company for the sum of RM759,825.30 due to the judgment obtained from the High Court of Malaya in Shah Alam. JSB has appealed against the High Court judgment and the appeal was allowed where the case be remitted to the High Court for trial. Arising therefrom, there is no longer any basis for the winding-up petitions presented against JSB as the High Court judgment is now set aside. The winding-up petitions could not be pursued any further.

(i) A winding up petition has been served by Cheang Ah Looi @ Cheang Chee against Janavista Sdn Bhd.(“JSB”), a wholly-owned subsidiary of the Company for the sum of RM763,719.46 due to the judgment obtained from the High Court of Malaya in Shah Alam. JSB has appealed against the High Court judgment and the appeal was allowed where the case be remitted to the High Court for trial. Arising therefrom, there is no longer any basis for the winding-up petitions presented against JSB as the High Court judgment is now set aside. The winding-up petitions could not be pursued any further

This announcement is dated 22 February 2013



SMISCOR - Change in Audit Committee (Amended Announcement)

Announcement Type: Change in Audit Committee
Company NameSMIS CORPORATION BERHAD  
Stock Name SMISCOR  
Date Announced22 Feb 2013  
CategoryChange in Audit Committee
Reference NoCC-130222-8659D

Date of change30/11/2012
NamePauline Teh @ Pauline Teh Abdullah
Age42
NationalityMalaysian
Type of changeCessation of Office
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsNot Applicable 
Working experience and occupation Not Applicable 
Directorship of public companies (if any)None 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 
Composition of Audit Committee (Name and Directorate of members after change)1. Danny Ng Siew L'Leong, Senior Independent Non-Executive Director - Chairman of Audit Committee

2. Foo Lee Khean, Independent Non-Executive Director - Member of Audit Committee

3. Wern Li Morsingh, Independent Non-Executive Director - Member of Audit Committee

Remarks :
The resignation of Pauline Teh @ Pauline Teh Abdullah as member of the Audit Committee of the Company will take effect on 30 November 2012.

The section of "Type of Change" should be CESSATION OF OFFICE instead of resignation. Pauline Teh @ Pauline Teh Abdullah ceased as member of the Audit Committee subsequent to her resignation as Independent Non-Executive Director of the Company on 30 November 2012.


OKA - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

Announcement Type: Financial Results
Company NameOKA CORPORATION BHD  
Stock Name OKA  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoOC-130220-59924

Financial Year End31/03/2013
Quarter3
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
33,201
31,445
104,134
89,837
2Profit/(loss) before tax
2,593
1,144
7,454
3,721
3Profit/(loss) for the period
1,545
1,041
4,559
3,007
4Profit/(loss) attributable to ordinary equity holders of the parent
1,545
1,041
4,559
3,007
5Basic earnings/(loss) per share (Subunit)
2.57
1.73
7.60
5.01
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 ($$)
1.6100
1.5600
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


CAB - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

Announcement Type: Financial Results
Company NameCAB CAKARAN CORPORATION BERHAD  
Stock Name CAB  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoCP-130220-CD7D7

Financial Year End30/09/2013
Quarter1
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited

Attachments

CAB-FS-Q1-13.pdf
113 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
138,010
136,666
138,010
136,666
2Profit/(loss) before tax
-1,064
2,617
-1,064
2,617
3Profit/(loss) for the period
-933
1,647
-933
1,647
4Profit/(loss) attributable to ordinary equity holders of the parent
-916
1,678
-916
1,678
5Basic earnings/(loss) per share (Subunit)
-0.70
1.28
-0.70
1.28
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 ($$)
0.9800
0.9800
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


WATTA - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

Announcement Type: Financial Results
Company NameWATTA HOLDING BERHAD  
Stock Name WATTA  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoWH-130222-41613

Financial Year End30/09/2013
Quarter1
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited

Attachments

wattaQ1-2013Notes.pdf
77 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
6,307
5,286
6,307
5,286
2Profit/(loss) before tax
389
95
389
95
3Profit/(loss) for the period
340
3
340
3
4Profit/(loss) attributable to ordinary equity holders of the parent
333
38
333
38
5Basic earnings/(loss) per share (Subunit)
0.39
0.04
0.39
0.04
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 ($$)
0.6800
0.5500
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


PWROOT - Changes in Sub. S-hldr's Int. (29B) - Dato' Low Chee Yen

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 Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-130222-A05E1

Particulars of substantial Securities Holder

NameDato' Low Chee Yen
AddressNo 29 Jalan Gaya 9,
Taman Gaya,
81800 Ulu Tiram, Johor
NRIC/Passport No/Company No.751121016437
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderDato' Low Chee Yen
No 29 Jalan Gaya 9,
Taman Gaya,
81800 Ulu Tiram, Johor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/02/2013
113,400
1.246 
Acquired20/02/2013
80,800
1.248 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect Interest
Direct (units)55,500,930 
Direct (%)18.5 
Indirect/deemed interest (units)290,000 
Indirect/deemed interest (%)0.1 
Total no of securities after change55,695,130
Date of notice22/02/2013

Remarks :
a) The above acquisition represented 0.065% of the total issue and fully paid-up share capital of the Company


PWROOT - Changes in Sub. S-hldr's Int. (29B) - Dato' How Say Swee

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 Announced22 Feb 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-130222-B7481

Particulars of substantial Securities Holder

NameDato' How Say Swee
AddressNo 8 Jalan Austin Heights 2/15,
Taman Austin Heights,
81100 Johor Bahru
NRIC/Passport No/Company No.630807-04-5469
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderDato' How Say Swee
No 8 Jalan Austin Heights 2/15,
Taman Austin Heights,
81100 Johor Bahru

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/02/2013
54,200
1.250 
Acquired20/02/2013
43,000
1.242 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect Interest
Direct (units)55,192,530 
Direct (%)18.4 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change55,289,730
Date of notice22/02/2013

Remarks :
a) The above acquisition represented 0.032% of the total issue and fully paid-up share capital of the Company


SCNWOLF - Quarterly rpt on consolidated results for the financial period ended 31/12/2012

Announcement Type: Financial Results
Company NameSCANWOLF CORPORATION BERHAD  
Stock Name SCNWOLF  
Date Announced22 Feb 2013  
CategoryFinancial Results
Reference NoCI-130220-59819

Financial Year End31/03/2013
Quarter3
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited

Attachments

Scanwolf-3Q2013.pdf
89 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2012
31/12/2011
31/12/2012
31/12/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
9,731
8,955
27,102
28,849
2Profit/(loss) before tax
467
-238
-1,527
-184
3Profit/(loss) for the period
485
-238
-1,509
-184
4Profit/(loss) attributable to ordinary equity holders of the parent
244
-216
-1,789
-134
5Basic earnings/(loss) per share (Subunit)
0.32
-0.28
-2.31
-0.17
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 ($$)
0.5500
0.5600
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


HANDAL - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameHANDAL RESOURCES BERHAD  
Stock Name HANDAL  
Date Announced22 Feb 2013  
CategoryChange Of Company Secretary
Reference NoCA-130131-37685

Date of change22/02/2013
Type of changeResignation
DesignationJoint Secretary
License no.MAICSA 7033274
NameWang Sheau Wei
Working experience and occupation during past 5 years


HANDAL - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameHANDAL RESOURCES BERHAD  
Stock Name HANDAL  
Date Announced22 Feb 2013  
CategoryChange Of Company Secretary
Reference NoCA-130131-38120

Date of change22/02/2013
Type of changeAppointment
DesignationJoint Secretary
License no.MAICSA 0798723
NamePauline Lye Yoke Ying
Working experience and occupation during past 5 years


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