INGENCO - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | INGENUITY CONSOLIDATED BERHAD (ACE Market) |
| Stock Name | INGENCO |
| Date Announced | 2 Apr 2013 |
| Category | General Announcement |
| Reference No | ML-130402-64950 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | INGENUITY CONSOLIDATED BERHAD (formerly known as Ingenuity Solutions Berhad) (“INGENCO” OR “COMPANY”) PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN INGENCO (“INGENCO SHARES”), REPRESENTING UP TO 30% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF INGENCO (“PRIVATE PLACEMENT”) |
All abbreviations herein shall have the same meanings as those used in the earlier announcement dated 2 March 2012 unless stated otherwise. We refer to the earlier announcements in relation to the Proposals. On behalf of the Board of Directors of INGENCO (“Board”), Hong Leong Investment Bank Berhad (formerly known as MIMB Investment Bank Berhad)wishes to announce that the Board has determined the issue price for the first tranche of the Private Placement comprising 100,000,000 Placement Shares at RM0.10 per Placement Share, being the par value of INGENCO Shares, which represents a premium of approximately 5.6% to the five (5)-day VWAMP of INGENCO Shares, up to and including 1 April 2013 of RM0.0947 per INGENCO Share. This announcement is dated 2 April 2013. | |
GENETEC - PRACTICE NOTE 1 / GUIDANCE NOTE 5:NEW DEFAULT
| Company Name | GENETEC TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | GENETEC |
| Date Announced | 2 Apr 2013 |
| Category | General Announcement |
| Reference No | GT-130402-61309 |
| Type | Announcement |
| Subject | PRACTICE NOTE 1 / GUIDANCE NOTE 5 NEW DEFAULT |
| Description | GENETEC TECHNOLOGY BERHAD (“GENETEC” OR “COMPANY”) DEFAULT IN PAYMENT PURSUANT TO GUIDANCE NOTE 5 ("GN 5") OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“AMLR”) |
1. Introduction Genetec wishes to inform that its indirect subsidiaries, namely Systems South, Inc., Genetec Technology Automation, Inc. and IP Systems, Inc. (all incorporated in the United States of America (“USA”)), all of which are directly held by its subsidiary, Genetec Global Technologies, Inc (Systems South, Inc., Genetec Technology Automation, Inc. and IP Systems, Inc. shall be referred to “USA subsidiaries”), have been notified vide the letters dated 28 March 2013 from Womble, Carlyle, Sandridge and Rice, acting for Wells Fargo Bank, National Association (“Wells Fargo”), of the default under the following loan/credit facilities granted by Wells Fargo which total outstanding amount is currently USD$1,786,504 (equivalent to RM5,538,163): (a) Line of Credit of USD1.0 million granted to Systems South, Inc.; (b) Line of Credit of USD1.0 million granted to Genetec Technology Automation, Inc.; and (c) Line of Credit of USD2.6 million granted to IP Systems, Inc. 2. Reason for the Default The 3. Measures by Genetec to address the Default Genetec is in the process of negotiating and working out a repayment manner and schedule with Wells Fargo which includes expediting the realization of collaterals such as receivables and assets. In addition, Genetec is taking measures to mitigate and manage the challenges faced by the 4. Legal implications of the Default including the extent of Genetec’s liability in respect of the obligations incurred under the agreements for the indebtedness Pursuant to the Default, Wells Fargo has the right to enforce its rights under the loan documents which include enforcing the various collaterals given to secure the loan/credit facilities granted by Wells Fargo to the 5. Business, financial and operational impact of the Default on the listed corporation The Default has no reasonably foreseeable material and adverse impact on the business, financial condition and operations of Genetec as the businesses and operations of the 6. In the event the Default is in respect of secured loan stocks or bonds, the lines of action available to the guarantors or security holders against the listed corporation Not Applicable. 7. In the event the Default is in respect of payments under a debenture, to specify whether the Default will empower the debenture holder to appoint a receiver or receiver and manager Not Applicable. 8. Whether the Default constitutes an event of default under a different agreement for indebtedness (cross default) and the details for such other default, where applicable If pursuant to the Default, a demand is made by Wells Fargo on Genetec under the corporate guarantee and Genetec fails to pay the guaranteed amount as demanded, such failure by Genetec may trigger a cross default of other credit/loan facilities given to other companies within the Genetec group of companies, for which Genetec also stands as a guarantor or security party. As at the date of this announcement, Wells Fargo has not made a demand on Genetec as the corporate guarantor. 9. Where the Default is in respect of a subsidiary or associated company, a confirmation as to whether the subsidiary or associated company is a major subsidiary or major associated company, as the case may be The 10. Where the Default is in respect of a listed corporation, major subsidiary or major associated company, as the case may be - (i) a statement as to whether the listed corporation is solvent (“Solvency Declaration”). For this purpose, a listed corporation is regarded as being “solvent” if the majority directors have formed the opinion that the listed corporation will be able to pay all its debts as and when they fall due within a period of 12 months from the date of the announcement; and (ii) if the listed corporation is solvent, a statement that the listed corporation undertakes to provide to the Exchange, the Solvency Declaration duly executed by its board of directors within 3 market days from the announcement date Not applicable as the Default is not in respect of Genetec or a major subsidiary of Genetec. This announcement is dated 2 April 2013.
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N2N - OTHERS PRESS RELEASE – THE PHILIPPINE STOCK EXCHANGE OFFERS ONLINE TRADING FACILITY TO BROKERS
| Company Name | N2N CONNECT BERHAD (ACE Market) |
| Stock Name | N2N |
| Date Announced | 2 Apr 2013 |
| Category | General Announcement |
| Reference No | CM-130402-8966B |
| Type | Announcement |
| Subject | OTHERS |
| Description | PRESS RELEASE – THE PHILIPPINE STOCK EXCHANGE OFFERS ONLINE TRADING FACILITY TO BROKERS |
N2N Connect Berhad (“N2N”) is honoured to be selected as a technology partner for the Philippine Stock Exchange (“PSE”) after several rounds of thorough evaluation and selection and is pleased to announce that PSE has rolled out its online trading platform tagged as PSETradex for trading participants, after completing the successful series of test runs of the online trading system provided by N2N. “We have provided trading solutions to several brokers in Asia and in the Middle East from institutional trading, market making, algorithm trading to retail and mobile trading across diverse platform on Microsoft Windows, iOS, Android, Symbian, and Linux, etc. We look forward to assist PSE in repeating the success which we already extended to other exchanges and brokers. We expect the new online trading facility to serve as a catalyst to promote further growth of internet and electronic trading in the Philippine,” Mr Andrew Tiang, Managing Director of N2N said. Attached is the press release by PSE dated 1 April 2013. | |
DRBHCOM - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | DRB-HICOM BERHAD |
| Stock Name | DRBHCOM |
| Date Announced | 2 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | DD-130402-45706 |
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 | Citigroup Nominees (Tempatan) Sdn Bhd 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 | 28/03/2013 | 265,400 |
GENP - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | GENTING PLANTATIONS BERHAD |
| Stock Name | GENP |
| Date Announced | 2 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | GP-130402-4E434 |
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 50 SEN EACH |
| Name & address of registered holder | CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FUND BOARD LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR [Disposal] CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (HDBS) LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR [Acquisition (i)] CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FD BD (MAYBAN) LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR [Acquisition (ii)] |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 28/03/2013 | 33,800 | |
| Acquired | 28/03/2013 | 5,000 | |
| Acquired | 28/03/2013 | 3,000 |
| Remarks : |
| Form 29B dated 29 March 2013 was received on 2 April 2013. |
AFG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | ALLIANCE FINANCIAL GROUP BERHAD |
| Stock Name | AFG |
| Date Announced | 2 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AF-130401-6F616 |
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 | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board 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 | 27/03/2013 | 328,400 |
| Remarks : |
| The Form 29B dated 28 March 2013 was received on 1 April 2013. |
AFG - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")
| Company Name | ALLIANCE FINANCIAL GROUP BERHAD |
| Stock Name | AFG |
| Date Announced | 2 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AF-130401-71086 |
Particulars of substantial Securities Holder
| Name | Mitsubishi UFJ Financial Group, Inc ("MUFG") |
| Address | 7-1, Marunouchi 2-Chome Chiyoda-ku, Tokyo 100-8330, Japan |
| NRIC/Passport No/Company No. | Nil |
| Nationality/Country of incorporation | Japan |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Morgan Stanley & Co. International plc 25 Cabot Square, Canary Wharf, London E14 4QA, United Kingdom; and Fundlogic SAS 61 rue de Monceau, Paris 75008, France ("Morgan Stanley Group") (Disposal of 1,800 ordinary shares) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 26/03/2013 | 1,800 |
| Remarks : |
| The Form 29B dated 29 March 2013 was received on 1 April 2013. |
AFG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | ALLIANCE FINANCIAL GROUP BERHAD |
| Stock Name | AFG |
| Date Announced | 2 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AF-130402-F796F |
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 | Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board 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 | 28/03/2013 | 396,200 |
| Remarks : |
| The Form 29B dated 29 March 2013 was received on 2 April 2013. |
AFG - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")
| Company Name | ALLIANCE FINANCIAL GROUP BERHAD |
| Stock Name | AFG |
| Date Announced | 2 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AF-130402-FC0F4 |
Particulars of substantial Securities Holder
| Name | Mitsubishi UFJ Financial Group, Inc ("MUFG") |
| Address | 7-1, Marunouchi 2-Chome Chiyoda-ku, Tokyo 100-8330, Japan |
| NRIC/Passport No/Company No. | Nil |
| Nationality/Country of incorporation | Japan |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | i) Mitsubishi UFJ Trust and Banking Corporation ("MUTB") (Acquisition of 216,500 ordinary shares) 4-5, Marunouchi 1-Chome, Chiyoda-ku, Tokyo, 100-8212, Japan ii) Morgan Stanley & Co. International plc 25 Cabot Square, Canary Wharf, London E14 4QA, United Kingdom; and Fundlogic SAS 61 rue de Monceau, Paris 75008, France ("Morgan Stanley Group") (Disposal of 6,500 ordinary shares) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 27/03/2013 | 216,500 | |
| Disposed | 27/03/2013 | 6,500 |
| Remarks : |
| The Form 29B dated 1 April 2013 was received on 2 April 2013. |
HUAAN - OTHERS SINO HUA-AN INTERNATIONAL BERHAD ("HUA-AN" OR "THE COMPANY") - PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE - PROPOSED RENEWAL OF AUTHORITY FOR SHARE BUY-BACK OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY
| Company Name | SINO HUA-AN INTERNATIONAL BERHAD |
| Stock Name | HUAAN |
| Date Announced | 2 Apr 2013 |
| Category | General Announcement |
| Reference No | CS-130402-77CCC |
| Type | Announcement |
| Subject | OTHERS |
| Description | SINO HUA-AN INTERNATIONAL BERHAD ("HUA-AN" OR "THE COMPANY") - PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE - PROPOSED RENEWAL OF AUTHORITY FOR SHARE BUY-BACK OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY |
The Board of Directors of Hua-An wishes to announce that the Company will be seeking approval from its shareholders for the following proposals at the forthcoming Seventh Annual General Meeting:- (a) Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and (b) Proposed Renewal of Authority for Share Buy-Back of up to 10% of the Issued and Paid-Up Capital of the Company. A circular setting out the details of the above proposals will be despatched to the shareholders of the Company in due course. This announcement is dated 2 April 2013. | |
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