GENETEC - MATERIAL LITIGATION
| Company Name | GENETEC TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | GENETEC |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | GT-130423-66613 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | United States District Court for the Western District of Virginia Civil Action No. 6: 13-cv-00027-NKM Plaintiff, Electro Mechanical Handling, Inc. vs Defendant, System’s South, Inc. & Genetec Global Technologies, Inc. |
The Board of Directors of Genetec (“the Board”) wishes to announce that System’s South, Inc (“SSI”) and Genetec Global Technologies, Inc. (“GGT”) (collectively as “Defendants”), both subsidiaries of Genetec based in United States of America, have been named as defendants in a civil suit filed by Electro Mechanical Handling, Inc. (“EMH”) (“the Plaintiffs”) in the United States District Court for the Western District of Virginia, bearing Civil Action No. 6: 13-cv-00027-NKM.
Genetec had on 23 April 2013 received the following documents from GGT’s registered agent in United States of America, National Registered Agents, Inc. (“NRA”), which in turn was received by NRA on 17 April 2013 from the Plaintiff’s solicitors, Gregory P. Cochran, of Messrs Caskie & Frost :-
1. A Summons and a Complaint for the Defendant dated 12 April 2013; 2. Affidavit for Service of Process on the Secretary of the Commonwealth dated 15 April 2013;
(collectively, “the Summons & Complaint”).
The particulars of the claim under the Summons & Complaint, including the amount claimed for and the interest rate and other relief sought.
EMH is claiming
The details of the default or circumstances leading to the filing of the Summon & Complaint against SSI and GGT: EMH is alleging that on or around 26 October 2012, SSI had issued its Purchase Order No. 16973 to EMH for the purchase and delivery of the Hytrol conveyor system specified in a proposal (identified as Proposal 091812JSP-1B) delivered earlier by EMH to SSI. The total cost was USD210,346.00 of which EMH is alleging the sum of USD136,724.90 as remaining unpaid and is further claiming that SSI was acting under the direction and control of GGT, which by and through its ownership of SSI, wholly controlled and directed the contract activities of SSI. EMH further alleged that GGT was the beneficial purchaser of the said Hytrol conveyor system and that at all relevant times SSI was acting as the agent for its principal, GGT, and with the knowledge and authority of GGT. By reason of the foregoing, EMH is claiming that the Defendants are jointly and severally liable for payment of the balance allegedly due to EMH on the abovementioned contract allegedly performed by EMH.
The expected losses, if any arising from the Summons/Judgment. The maximum expected losses from the Summons/Judgment, if any, is USD136,724.90 (equivalent to RM423,847.19) plus interest rate of 1.5% per month to be calculated from 21 January 2013 until full settlement, and such other and further relief as the nature of this case shall require and to the court shall award to EMH.
The claim has no reasonably foreseeable material financial and operational impact on the Genetec Group, as the businesses and operations of the Defendants are managed independently from the Malaysian businesses and operations, and neither Defendant is a major subsidiary of Genetec.
The steps taken and proposed to be taken by Genetec in respect of the Summons/Judgment.
The Company is seeking advice from its solicitors in the
Further announcements will be made as and when there are material developments in the matter.
This announcement is dated 23 April 2013.
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CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE ASEAN 40 MALAYSIA |
| Stock Name | CIMBA40 |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | OB-130423-68071 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE ASEAN 40 Malaysia Date: 23-Apr-2013 IOPV per unit (RM): 1.7683 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: 11,810.71 |
CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE CHINA 25 |
| Stock Name | CIMBC25 |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | OB-130423-67873 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE China 25 Date: 23-Apr-2013 IOPV per unit (RM): 0.8590 Units in circulation (units): 33,150,000.00 Management Fee (% p.a.): 0.60 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.04 FTSE/Xinhua China 25 Index: 15,731.22 |
AXIATA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 23 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AG-130423-8EABC |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | 1) Employees Provident Fund Board ("EPF Board") Ibu Pejabat KWSP, Bangunan KWSP Jalan Raja Laut, 50350 Kuala Lumpur 2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board 3) Citigroup EPF Board (AMUNDI) 4) Citigroup EPF Board (KIB) 5) Citigroup EPF Board (HDBS) 6) Citigroup EPF Board (RHB INV) 7) Citigroup EPF Board (AM INV) 8) Citigroup EPF Board (MAYBAN) 9) Citigroup EPF Board (ALLIANCE) 10) Citigroup EPF Board (NOMURA) 11) Citigroup EPF Board (CIMB PRI) 12) Citigroup EPF Board (ARIM) 13) Citigroup EPF Board (TEMPLETON) 14) Citigroup EPF Board (ABERDEEN) Level 42, Menara Citibank 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 18/04/2013 | 1,250,300 | |
| Acquired | 18/04/2013 | 330,000 | |
| Acquired | 18/04/2013 | 751,100 | |
| Acquired | 18/04/2013 | 140,000 |
| Remarks : |
| 1) The total number of 972,553,106 ordinary shares comprised of the following:- a) Citigroup EPF Board - 858,494,006 b) EPF Board - 3,332,900 c) Citigroup EPF Board (AMUNDI) - 4,720,250 d) Citigroup EPF Board (KIB) - 660,000 e) Citigroup EPF Board (HDBS) - 10,593,375 f) Citigroup EPF Board (RHB INV) - 1,500,000 g) Citigroup EPF Board (AM INV) - 9,193,650 h) Citigroup EPF Board (MAYBAN) - 900,000 i) Citigroup EPF Board (ALLIANCE) - 2,050,000 j) Citigroup EPF Board (NOMURA) - 37,106,300 k) Citigroup EPF Board (CIMB PRI) - 33,488,325 l) Citigroup EPF Board (ARIM) - 2,850,000 m) Citigroup EPF Board (TEMPLETON) - 2,264,300 n) Citigroup EPF Board (ABERDEEN) - 5,400,000 2) Form 29B received on 23 April 2013 |
AXIATA - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 23 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AG-130423-90FDB |
Particulars of substantial Securities Holder
| Name | AmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera |
| Address | Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur |
| NRIC/Passport No/Company No. | 766894-T |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | AmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera, Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 17/04/2013 | 3,000,000 |
| Remarks : |
| Form 29B received on 23 April 2013 |
AXIATA - Changes in Sub. S-hldr's Int. (29B) - Khazanah Nasional Berhad
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 23 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AG-130423-A7E19 |
Particulars of substantial Securities Holder
| Name | Khazanah Nasional Berhad |
| Address | Level 33, Tower 2, Petronas Twin Twers, Kuala Lumpur City Centre, 50088 Kuala Lumpur |
| NRIC/Passport No/Company No. | 275505-K |
| Nationality/Country of incorporation | Incorporated in Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Khazanah Nasional Berhad, Level 33, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Transferred | 17/04/2013 | 52,801 | |
| Transferred | 18/04/2013 | 305,601 | |
| Transferred | 18/04/2013 | 508,562 | |
| Transferred | 19/04/2013 | 184,300 |
| Remarks : |
| Form 29B received on 23 April 2013 |
DESTINI - Annual Report 2012
| Company Name | DESTINI BERHAD |
| Stock Name | DESTINI |
| Date Announced | 23 Apr 2013 |
| Category | Document Receipt |
| Reference No | GR-130423-69894 |
| Annual Report for Financial Year Ended | 31/12/2012 |
| Subject | Annual Report 2012 |
HELP - Change in Principal Officer
| Company Name | HELP INTERNATIONAL CORPORATION BERHAD |
| Stock Name | HELP |
| Date Announced | 23 Apr 2013 |
| Category | Change in Principal Officer |
| Reference No | CS-130423-BE799 |
| Date of change | 18/04/2013 |
| Name | See Thiong Chai |
| Age | 47 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Chief Financial Officer |
| Qualifications | 1988 - Bachelor of Commerce and Administration from Victoria University of Wellington, New Zealand. 1991 - Chartered Accountant (CA) of New Zealand Society of Accountants. 1991 - Certificate of Banking from Bankers Institute of New Zealand. 1994 - Associate Member of New Zealand Institute of Management. 1995 - Chartered Accountant (CA) of Malaysian Institute of Accountants. 2002 - Certified Financial Planner and member of FPAM (Financial Planning Association of Malaysia) |
| Working experience and occupation | (1) January 2013 to April 2013 - Group Chief Financial Officer, Taylor's Education Group Sdn. Bhd. (2) June 2009 to September 2012 - Chief Financial Officer ("CFO"), Masterskill Education Group Berhad (3) July 2007 to June 2009 - Asia Regional Operation & Systems Controller, AIG Global Operation & Systems (4) August 2000 to June 2007 - CFO, AIG Software International JV Sdn. Bhd. (4) November 1999 to August 2000 - Corporate Manager, Grand Colombia Holding Bhd. (5) June 1995 to August 1999 - Senior Manager - Finance and Administration, MBf Leasing Sdn. Bhd. (6) October 1994 to May 1995 - Accountant, MBf Peugeot Sdn. Bhd. (7) October 1990 to September 1994 - Company Accountant, Lada New Zealand Ltd & Wellington Subaru Ltd. |
| 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 or its subsidiaries | NIL |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NIL |
| Remarks : |
| Mr. See Thiong Chai will be designated as the Group Director of Finance with effect from 18 April 2013. |
KAMDAR - KAMDAR GROUP (M) BERHAD - DISPOSAL OF PROPERTY BY ITS WHOLLY-OWNED SUBSIDIARY, KAMDAR HOLDINGS SDN BHD
| Company Name | KAMDAR GROUP (M) BERHAD |
| Stock Name | KAMDAR |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | CC-130423-52518 |
TRIUMPL - OTHERS TRIUMPHAL ASSOCIATES BHD. ("TAS") or ("COMPANY") INCREASE IN PAID-UP CAPITAL IN THE WHOLLY-OWNED SUBSIDIARY COMPANY - TRIUMPHAL PRECISION ENGINEERING (ZHEJIANG) LTD. IN CHINA
| Company Name | TRIUMPHAL ASSOCIATES BHD |
| Stock Name | TRIUMPL |
| Date Announced | 23 Apr 2013 |
| Category | General Announcement |
| Reference No | CC-130423-93376 |
| Type | Announcement |
| Subject | OTHERS |
| Description | TRIUMPHAL ASSOCIATES BHD. ("TAS") or ("COMPANY") INCREASE IN PAID-UP CAPITAL IN THE WHOLLY-OWNED SUBSIDIARY COMPANY - TRIUMPHAL PRECISION ENGINEERING (ZHEJIANG) LTD. IN CHINA |
Further to the announcement made on 29 March 2013, TAS wishes to announce that TAS has remitted USD600,000 to China to increase the paid-up capital in its wholly-owned subsidiary, Triumphal Precision Engineering (Zhejiang) Ltd to USD25,000,000. The fund was internally generated. The announcement is dated 23 April 2013. | |
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