April 19, 2013

Company announcements: MEXTER, CIMBA40, CIMBC25, MMCCORP, YTL, MAXIS, YTLPOWR, LATEXX, IRMGRP, JETSON

MEXTER - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameMEXTER TECHNOLOGY BERHAD (ACE Market) 
Stock Name MEXTER  
Date Announced19 Apr 2013  
CategoryGeneral Announcement
Reference NoMI-130419-46420

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionMEXTER TECHNOLOGY BERHAD ("MEXTER" OR THE "COMPANY")

I. PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 89,452,020 NEW ORDINARY SHARES OF RM0.10 EACH IN MEXTER ("MEXTER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING MEXTER SHARE HELD, TOGETHER WITH UP TO 89,452,020 FREE DETACHABLE WARRANTS IN MEXTER ("WARRANT(S)") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR, ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS");

II. PROPOSED EXEMPTION UNDER PARAGRAPH 16.1 OF PRACTICE NOTE 9 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010 ("CODE") TO IVAN SIA TECK FATT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR ALL THE REMAINING MEXTER SHARES NOT ALREADY OWNED BY HIM PURSUANT TO THE PROPOSED RIGHTS ISSUE WITH WARRANTS ("PROPOSED EXEMPTION");

III. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF MEXTER FROM RM25,000,000 COMPRISING 250,000,000 MEXTER SHARES TO RM50,000,000 COMPRISING 500,000,000 MEXTER SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL"); AND

IV. PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF MEXTER ("PROPOSED AMENDMENT")

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposals.
We refer to the announcement made by RHB Investment Bank Berhad ("RHBIB"), on behalf of the Board of Directors of Mexter ("Board"), on 5 April 2013.
    On behalf of the Board, RHBIB wishes to announce that the applications pursuant to the Proposals have been submitted to Bursa Malaysia Securities Berhad and the Controller of Foreign Exchange (via Bank Negara Malaysia) on even date.

      This announcement is dated 19 April 2013.


      CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

      Announcement Type: General Announcement
      Company NameCIMB FTSE ASEAN 40 MALAYSIA  
      Stock Name CIMBA40  
      Date Announced19 Apr 2013  
      CategoryGeneral Announcement
      Reference NoOB-130419-46875

      TypeAnnouncement
      SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
      DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
      Date: 19-Apr-2013
      IOPV per unit (RM): 1.7635
      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: 11,911.05



      CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

      Announcement Type: General Announcement
      Company NameCIMB FTSE CHINA 25  
      Stock Name CIMBC25  
      Date Announced19 Apr 2013  
      CategoryGeneral Announcement
      Reference NoOB-130419-46812

      TypeAnnouncement
      SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
      DescriptionFund: CIMB FTSE China 25
      Date: 19-Apr-2013
      IOPV per unit (RM): 0.8575
      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: 15,795.18



      MMCCORP - MATERIAL LITIGATION

      Announcement Type: General Announcement
      Company NameMMC CORPORATION BERHAD  
      Stock Name MMCCORP  
      Date Announced19 Apr 2013  
      CategoryGeneral Announcement
      Reference NoMC-130419-622ED

      TypeAnnouncement
      SubjectMATERIAL LITIGATION
      DescriptionARBITRATION PROCEEDINGS BY MMCEG-GAMUDA JOINT VENTURE AGAINST WAYSS & FREYTAG (MALAYSIA) SDN BHD (“Wayss & Freytag”)

      We refer to our announcement of 16 April 2013 (“the said announcement”).

      MMC Corporation Berhad (“MMC” or “the Company”) wishes to announce that in respect of the arbitration award concerning the MMCEG-Gamuda Joint Venture (“the JV”) in which MMC’s wholly-owned subsidiary, MMC Engineering Group Berhad (“MMCEG”) has 50% interest, the award states:

      (i) That apart from the 3 orders or directions of the award mentioned in the said announcement, there is an additional order of interest of 4% per annum on the sum of RM96,297,229-03 calculated from the date of termination of the sub-contract to the date of the award, amounting to RM28,247,187-18;

      (ii) Accordingly, the JV’s liability in respect of the award is as follows:

      RM

      A.

      Amount to be paid by the JV

      (a) Wayss & Freytag’s awarded claims

      96,297,229-03

      (b) Wayss & Freytag’s awarded costs

      9,000,000-00

      (c) Additional order of interest referred to in (i) above

      28,247,187-18

      133,544,416-21

      B.

      Cost incurred by the JV to complete the works that is not recoverable

      50,318,770-97

      Total at the JV level

      183,863,187-18

      MMC’s 50% share of the liability

      91,931,593-59

      The award of the arbitration is not expected to have any material impact on the earnings of the MMC Group for the financial year ending 31 December 2013.

      This announcement is dated 19 April 2013.



      YTL - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameYTL CORPORATION BERHAD  
      Stock Name YTL  
      Date Announced19 Apr 2013  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoYC-130419-B5A16

      Particulars of substantial Securities Holder

      NameEMPLOYEES PROVIDENT FUND BOARD
      AddressTINGKAT 19, BANGUNAN KWSP, JALAN RAJA LAUT, 50350 KUALA LUMPUR
      NRIC/Passport No/Company No.EPF ACT 1991
      Nationality/Country of incorporationMALAYSIA
      Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.10 EACH
      Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FUND BOARD

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Disposed16/04/2013
      4,000,000
       

      Circumstances by reason of which change has occurredDisposed
      Nature of interestDirect
      Direct (units)809,813,147 
      Direct (%)7.81 
      Indirect/deemed interest (units) 
      Indirect/deemed interest (%) 
      Total no of securities after change809,813,147
      Date of notice17/04/2013

      Remarks :
      Form 29B was received on 19 April 2013


      MAXIS - Additional Listing Announcement

      Announcement Type: Additional Listing Announcement (ALA)
      Company NameMAXIS BERHAD  
      Stock Name MAXIS  
      Date Announced19 Apr 2013  
      CategoryAdditional Listing Announcement (ALA)
      Reference NoMM-130412-8E159

      1. Details of Corporate Proposal

      Whether the corporate proposal involves the issuance of new type
      and new class of securities?
      No
      Types of corporate proposalESOS
      Details of corporate proposal2009 Employee Share Option Scheme
      No. of shares issued under this corporate proposal6,700
      Issue price per share ($$)MYR 5.450
      Par Value ($$)MYR 0.100
      Latest issued and paid up share capital after the above corporate proposal in the following
      Units7,500,678,400
      CurrencyMYR 750,067,840.000
      Listing Date22/04/2013


      YTLPOWR - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

      Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Company NameYTL POWER INTERNATIONAL BHD  
      Stock Name YTLPOWR  
      Date Announced19 Apr 2013  
      CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
      Reference NoYP-130419-B2B59

      Particulars of substantial Securities Holder

      NameEMPLOYEES PROVIDENT FUND BOARD
      AddressTINGKAT 19, BANGUNAN KWSP, JALAN RAJA LAUT, 50350 KUALA LUMPUR
      NRIC/Passport No/Company No.EPF ACT 1991
      Nationality/Country of incorporationMALAYSIA
      Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.50 EACH
      Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FUND BOARD

      Details of changes

      Currency: Malaysian Ringgit (MYR)

      Type of transactionDate of change
      No of securities
      Price Transacted (RM)
      Disposed16/04/2013
      457,700
       

      Circumstances by reason of which change has occurredDisposed
      Nature of interestDirect
      Direct (units)642,980,416 
      Direct (%)8.87 
      Indirect/deemed interest (units) 
      Indirect/deemed interest (%) 
      Total no of securities after change642,980,416
      Date of notice17/04/2013

      Remarks :
      Form 29B was received on 19 April 2013


      LATEXX - OTHERS LATEXX PARTNERS BERHAD (“LATEXX” OR THE “COMPANY”) UNCONDITIONAL TAKE-OVER OFFER BY RHB INVESTMENT BANK BERHAD, ON BEHALF OF SEMPERIT INVESTMENTS ASIA PTE. LTD. (“SIA” OR “OFFEROR”) (“EXIT OFFER”) DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 33 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010

      Announcement Type: General Announcement
      Company NameLATEXX PARTNERS BERHAD  
      Stock Name LATEXX  
      Date Announced19 Apr 2013  
      CategoryGeneral Announcement
      Reference NoCG-130418-93D07

      TypeAnnouncement
      SubjectOTHERS
      DescriptionLATEXX PARTNERS BERHAD (“LATEXX” OR THE “COMPANY”)

      UNCONDITIONAL TAKE-OVER OFFER BY RHB INVESTMENT BANK BERHAD, ON BEHALF OF SEMPERIT INVESTMENTS ASIA PTE. LTD. (“SIA” OR “OFFEROR”) (“EXIT OFFER”)

      DISCLOSURE OF DEALINGS IN ACCORDANCE WITH SECTION 33 OF THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 2010

      We refer to the announcement dated 4 February 2013 in relation to the Proposed Exit Offer.

      We wish to announce that the Company had received a notification from RHB Investment Bank Berhad, on behalf of the Offeror, that Semperit Investments Asia Pte. Ltd. has dealt in Latexx Shares and Warrants.

      A copy of the notice is attached.

      This announcement is dated 19 April 2013.



      IRMGRP - Notice of Interest Sub. S-hldr (29A) - Leow Teow Hong

      Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
      Company NameIRM GROUP BERHAD  
      Stock Name IRMGRP  
      Date Announced19 Apr 2013  
      CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
      Reference NoCS-130419-A631B

      Particulars of Substantial Securities Holder

      NameLeow Teow Hong
      AddressNo.78, Jalan SS15/2B
      47500 Subang Jaya
      Selangor Darul Ehsan
      NRIC/Passport No/Company No.521015-07-5069
      Nationality/Country of incorporationMalaysian
      Descriptions (Class & nominal value)Ordinary Shares of RM 0.50 each
      Name & address of registered holderLeow Teow Hong
      No.78, Jalan SS15/2B
      47500 Subang Jaya
      Selangor Darul Ehsan

      Date interest acquired & no of securities acquired

      CurrencyMalaysian Ringgit (MYR)
      Date interest acquired05/04/2013
      No of securities8,445,115
      Circumstances by reason of which Securities Holder has interestAcquisition of shares through on market transaction
      Nature of interestDirect
      Price Transacted ($$)

      Total no of securities after change

      Direct (units)8,445,115 
      Direct (%)6.5 
      Indirect/deemed interest (units)
      Indirect/deemed interest (%)
      Date of notice17/04/2013


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

      Announcement Type: General Announcement
      Company NameKUMPULAN JETSON BERHAD  
      Stock Name JETSON  
      Date Announced19 Apr 2013  
      CategoryGeneral Announcement
      Reference NoMI-130419-46229

      TypeAnnouncement
      SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
      FUND RAISING
      DescriptionKUMPULAN JETSON BERHAD (“JETSON” OR THE “COMPANY”)

      • PRIVATE PLACEMENT

      We refer to the Company’s announcement dated 8 April 2013 and its previous announcements in relation to the private placement of up to ten percent (10%) of the issued and paid-up share capital of Jetson (“Private Placement”). For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Company’s announcement dated 18 October 2012.

      On behalf of the Board, KAF Investment Bank Berhad wishes to announce that Bursa Securities had, vide its letter dated 17 April 2013 (which was received on 18 April 2013), resolved to grant Jetson an extension of time of six (6) months from 5 May 2013 to 4 November 2013 for Jetson to complete the Private Placement, subject to shareholders’ mandate being obtained in Jetson’s forthcoming Annual General Meeting.

      This announcement is dated 19 April 2013.



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