March 6, 2013

Company announcements: GTRONIC, CBIP, QL, UNIMECH, NICE, BKOON, BIOSIS, IRMGRP

GTRONIC - Changes in Sub. S-hldr's Int. (29B) - Ng Kweng Chong Holdings Sendirian Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGLOBETRONICS TECHNOLOGY BERHAD  
Stock Name GTRONIC  
Date Announced6 Mar 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130306-19E58

Particulars of substantial Securities Holder

NameNg Kweng Chong Holdings Sendirian Berhad
Address51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
NRIC/Passport No/Company No.51580-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) Ng Kweng Chong Holdings Sendirian Berhad of 51-21-A Menara BHL Bank, Jalan Sultan Ahmad Shah, 10050 Penang
2) Wiserite Sdn Bhd of Suite 2-1, 2nd Floor, Menara Penang Garden, 42-A Jalan Sultan Ahmad Shah, 10050 Penang
3) Glencare Sdn Bhd of Suite 2-1, 2nd Floor, Menara Penang Garden, 42-A Jalan Sultan Ahmad Shah, 10050 Penang

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed01/03/2013
2,000,000
 
Acquired04/03/2013
6,000
 
Acquired05/03/2013
6,000
 

Circumstances by reason of which change has occurred1. Off market disposals via Glencare Sdn. Bhd.
2. Open market purchases via Glencare Sdn Bhd
Nature of interestDeemed
Direct (units)10,152,524 
Direct (%) 
Indirect/deemed interest (units)58,543,941 
Indirect/deemed interest (%) 
Total no of securities after change68,696,465
Date of notice06/03/2013


CBIP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameCB INDUSTRIAL PRODUCT HOLDING BERHAD  
Stock Name CBIP  
Date Announced6 Mar 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCI-130306-FBDB1

Date of buy back06/03/2013
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 ($$)2.520
Maximum price paid for each share purchased ($$)2.520
Total consideration paid ($$)253,031.60
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)4,848,527
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 (%)1.78


QL - OTHERS Acquisition of 100% equity interest in Zhongshan True Taste Food Industrial Co. Ltd (“ZC”) by QL Lian Hoe (S) Pte Ltd, a wholly owned subsidiary of QL Resources Berhad (“QL”) for a cash consideration of RMB18.8 million.

Announcement Type: General Announcement
Company NameQL RESOURCES BERHAD  
Stock Name QL  
Date Announced6 Mar 2013  
CategoryGeneral Announcement
Reference NoQR-130225-58980

TypeAnnouncement
SubjectOTHERS
DescriptionAcquisition of 100% equity interest in Zhongshan True Taste Food Industrial Co. Ltd (“ZC”) by QL Lian Hoe (S) Pte Ltd, a wholly owned subsidiary of QL Resources Berhad (“QL”) for a cash consideration of RMB18.8 million.

Introduction

Pursuant to Paragraph 9.19 (23) of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad, the Board of Directors of QL wish to announce that its wholly owned subsidiary, QL Lian Hoe (S) Pte Ltd (Company No. 2000004556E) had on 6 March 2013 entered into a conditional agreement to acquire its entire paid up registered capital of USD1.2 million (“Sale Shares”) from Li Peishan (Taiwan Passport No.212509800) (“Vendor”) for a cash consideration of RMB18.8 million (equivalent to RM9.4 million)(“Acquisition”).

The share consideration of RMB18.8 million was arrived at based on willing buyer-willing seller basis, taking into consideration the net tangible assets of ZC as at 31 December 2012 as well as the deemed revaluation surplus arising from the revaluation of the real property. The Acquisition is funded by internally generated funds of QL Group.

Upon completion of the Acquisition, ZC will become a wholly owned subsidiary of QL Lian Hoe (S) Pte Ltd.

Information of ZC

ZC is a limited liability company (wholly owned by a natural person from Taiwan, Hong Kong or Macau) duly established under the laws of the People's Republic of China ("PRC"). It is principally involved in the business of producing various kinds of quick-frozen minced fish fillets, other flavoured foods, purchasing, processing and selling agricultural products domestically in PRC. ZC was established on 18 January 2000 and currently has a paid up registered capital of USD1.2 million.

Rationale

The Acquisition of ZC is in line with the Group’s expansion plan to venture into the China market for its marine products manufacturing division.

Effects of the Acquisition

The Acquisition will not have any effect on issued and paid up share capital of QL and has no material effect on QL’s Group earnings, net assets and gearing for the financial year ending 31 March 2013.

Approvals Required

The Acquisition is not subject to the approval of the shareholders of QL.

Directors’ and Major Shareholder’ Interest

None of the Directors and/or major shareholders of QL, or persons connected to them have any interest, direct or indirect in the Acquisition.

This announcement is dated 6 March 2013.



UNIMECH - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameUNIMECH GROUP BERHAD  
Stock Name UNIMECH  
Date Announced6 Mar 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoUG-130306-62893

Date of buy back06/03/2013
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)15,000
Minimum price paid for each share purchased ($$)1.170
Maximum price paid for each share purchased ($$)1.180
Total consideration paid ($$)17,728.38
Number of shares purchased retained in treasury (units)15,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)12,660,366
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 (%)0.012

Remarks :
The total amount paid for the shares purchased is inclusive of brokerage, clearing house fee and stamp duty.


NICE - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameNICHE CAPITAL EMAS HOLDINGS BERHAD  
Stock Name NICE  
Date Announced6 Mar 2013  
CategoryGeneral Announcement
Reference NoCC-130304-58252

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionMonthly Announcement On The Status Of Default In Payments Pursuant To Practice Note 1 (“PN1”) Of The Main Market Listing Requirements (“MMLR”) Of Bursa Malaysia Securities Berhad

Further to the announcement on 4 March 2013, the Board of Directors of the Company wishes to announce that there has been no material development on the Default status as previously announced except that AmBank Berhad had, on 28 February 2013, withdrawn the claim against the Company with liberty to file afresh and with cost in the sum of RM5,000-00.

This announcement is dated 6 March 2013.



BKOON - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameBOON KOON GROUP BERHAD  
Stock Name BKOON  
Date Announced6 Mar 2013  
CategoryGeneral Meetings
Reference NoCC-130227-42894

Type of MeetingEGM
IndicatorOutcome of Meeting
Date of Meeting06/03/2013
Time09:00 AM
VenueConference Room of Bukit Jawi Golf Resort
Lot 414, Mukim 6, Jalan Paya Kemian Sempayi
14200 Sungai Jawi, Seberang Perai Selatan
Penang
Outcome of Meeting

BOON KOON GROUP BERHAD (“BKG” OR THE “COMPANY”)

 PROPOSED CAPITAL REDUCTION;

 PROPOSED RIGHTS ISSUE WITH FREE WARRANTS;

 PROPOSED AMENDMENTS; AND

 PROPOSED EXEMPTION.

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

 

The Board of Directors of Boon Koon Group Berhad is pleased to announce that at the Extraordinary General Meeting (“EGM”) of the Company held today, the shareholders of the Company had approved all the resolutions as set out in the Notice of EGM dated 7 February 2013 via show of hands except for Ordinary Resolution 2 which was decided on a poll as required under the Malaysian Code on Take-Overs and Mergers 2010.

The details of the result of the poll in respect of Ordinary Resolution 2 are set out below:-

 

Resolution

Votes in Favour

Votes Against

(No. of Shares)

Percentage

(No. of Shares)

Percentage

Ordinary Resolution 2 – Proposed Exemption

16,151,801

100%

-

-

 

This announcement is dated 6 March 2013.

 

 

 

 



BIOSIS - OTHERS Biosis Group Berhad (“BIOSIS” or “Company”) Writ of Distress by Amanah Raya Berhad (“ARB” or “Bailiff”) against Biosis Pharmaceuticals Sdn Bhd (“BPSB”), a subsidiary of BIOSIS

Announcement Type: General Announcement
Company NameBIOSIS GROUP BERHAD  
Stock Name BIOSIS  
Date Announced6 Mar 2013  
CategoryGeneral Announcement
Reference NoCM-130306-61359

TypeAnnouncement
SubjectOTHERS
DescriptionBiosis Group Berhad (“BIOSIS” or “Company”)
Writ of Distress by Amanah Raya Berhad (“ARB” or “Bailiff”) against Biosis Pharmaceuticals Sdn Bhd (“BPSB”), a subsidiary of BIOSIS

1. The Butterworth Sessions Court Distress Application No. 56-10-02/2013 had granted an order to ARB to issue a Writ of Distress on the movable assets of BPSB due to outstanding rental and other payments for the period of six (6) months from August 2012 to January 2013 amounting to RM1,721,802.29 in respect of the lease of the property known as Geran 74361, Lot No. 1215, Mukim 12, Daerah Seberang perai Selatan, Pulau Pinang bearing postal address 1572, Jalan Besar Valdor, Mukim 12, Seberang Perai Selatan 14200 Sungai Bakap, Pulau Pinang.

2. The order was dated 20 February 2013and a copy of the order was received by the Company on 5 March 2013. The assets had been sealed by the Bailiff on 5 March 2013.

3. The principal amount claimed was RM1,284,281.26 and interest at the rate of 8% p.a. claimed for in the Writ of Distress amounted to RM437,521.03.

4. Information on BPSB
a) BPSB is a major subsidiary of BIOSIS.
b) The total cost of investment in BPSB as at 28 February 2013 is RM5,000,000.00.

5. Financial and Operational Impact of the Writ of Distress and the Sealing of the Assets of BPSB
a) The operational impact resulting from the Writ of Distress and sealing of the movable assets will be loss of production for products utilizing the sealed machines in the event the machines are forced sold by the Bailiff.
b) The financial impact resulting from the writ of Distress and the sealing of the movable assets will be the expected losses incurred on the sale of machineries in the event of a forced sale of the assets by the Bailiff.

6. The Board of Directors of BPSB is arranging for a meeting with ARB to resolve the matter. Meanwhile, the Board of Directors will seek legal advise on options available to BIOSIS.

This announcement is dated 6 March 2013.



BIOSIS - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameBIOSIS GROUP BERHAD  
Stock Name BIOSIS  
Date Announced6 Mar 2013  
CategoryGeneral Announcement
Reference NoCM-130306-59636

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionBIOSIS GROUP BERHAD (“BIOSIS” OR “THE COMPANY”)
- EXTENSION OF APPROVAL PERIOD

Further our announcements dated 27 April 2012, 2 May 2012 and 7 February 2013, the Board of Directors of Biosis wishes to announce that the parties have mutually agreed to extend the Approval period to 31 March 2013.

This announcement is dated 6 March 2013.



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

Announcement Type: Financial Results
Company NameIRM GROUP BERHAD  
Stock Name IRMGRP  
Date Announced6 Mar 2013  
CategoryFinancial Results
Reference NoCS-130306-3208D

Financial Year End31/12/2012
Quarter4
Quarterly report for the financial period ended31/12/2012
The figureshave not been audited

Attachments

Q4 Notes and Result.pdf
446 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
20,841
39,524
114,743
166,615
2Profit/(loss) before tax
-10,331
-4,433
-17,372
-5,436
3Profit/(loss) for the period
-10,331
-3,597
-16,685
-4,600
4Profit/(loss) attributable to ordinary equity holders of the parent
-10,331
-3,597
-16,685
-4,600
5Basic earnings/(loss) per share (Subunit)
-7.95
-2.77
-12.83
-3.54
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 ($$)
0.2630
0.3550
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


IRMGRP - IRMGRP- NO SUSPENSION OF TRADING

Announcement Type: Listing Circular
Company NameIRM GROUP BERHAD  
Stock Name IRMGRP  
Date Announced6 Mar 2013  
CategoryListing Circular
Reference NoTE-130305-39376

LISTING'S CIRCULAR NO. L/Q : 67286 OF 2013

Further to Listing Circular No. 67268 of 2013, kindly be advised that the above Company has on 6 March 2013 submitted its 4th quarter report for the financial period ended 31 December 2012 to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release pursuant to Paragraph 9.22(1) of the Main Market Listing Requirements.

In view of the above, kindly be advised there will be no suspension of trading in the above Company's shares on 8 March 2013.


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