April 1, 2013

Company announcements: REDTONE, GDEX, IDEAL, INSBIO, KEYWEST, CATCHA, PASUKGB, AMBANK

REDTONE - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced1 Apr 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCK-130401-1B1FF

Date of buy back01/04/2013
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)28,000
Minimum price paid for each share purchased ($$)0.405
Maximum price paid for each share purchased ($$)0.405
Total consideration paid ($$)11,423.44
Number of shares purchased retained in treasury (units)28,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)4,940,800
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 (%)1.02


REDTONE - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced1 Apr 2013  
CategoryNotice of Shares Buy Back by a Company Pursuant to Form 28A
Reference NoCK-130322-51571

Date of buy back from18/03/2013
Date of buy back to21/03/2013
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)300,000
Minimum price paid for each share purchased ($$)0.385
Maximum price paid for each share purchased ($$)0.395
Total amount paid for shares purchased ($$)117,915.48
The name of the stock exchange through which the shares were purchased BURSA MALAYSIA SECURITIES BERHAD
Number of shares purchased retained in treasury (units)300,000
Total number of shares retained in treasury (units)4,678,800
Number of shares purchased which were cancelled (units)0
Total issued capital as diminished0
Date lodged with registrar of companies01/04/2013
Lodged by TRICOR CORPORATE SERVICES SDN BHD


GDEX - OTHERS GD EXPRESS CARRIER BHD (“GDEX” OR THE “COMPANY”) PROPOSED TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL AND THE OUTSTANDING FIVE (5)-YEAR WARRANTS 2011/2016 OF GDEX FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“PROPOSED TRANSFER”)

Announcement Type: General Announcement
Company NameGD EXPRESS CARRIER BERHAD (ACE Market) 
Stock Name GDEX  
Date Announced1 Apr 2013  
CategoryGeneral Announcement
Reference NoOI-130401-51597

TypeAnnouncement
SubjectOTHERS
DescriptionGD EXPRESS CARRIER BHD (“GDEX” OR THE “COMPANY”)

PROPOSED TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL AND THE OUTSTANDING FIVE (5)-YEAR WARRANTS 2011/2016 OF GDEX FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“PROPOSED TRANSFER”)
We refer to the announcements dated 8 November 2012, 3 December 2012 and 1 March 2013 in relation to the Proposed Transfer.
On behalf of the Board of Directors of GDEX, OSK Investment Bank Berhad wishes to announce that GDEX is still in the midst of preparing the documents for the applications to the relevant authorities in relation to the Proposed Transfer. The applications to the relevant authorities will be made within one (1) month from the date of this announcement.

This announcement is dated 1 April 2013.


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

Announcement Type: General Announcement
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced1 Apr 2013  
CategoryGeneral Announcement
Reference NoCP-130401-C1009

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionIDEAL SUN CITY HOLDINGS BERHAD (“IDEAL” or “the Company”)
- Monthly Announcement Pursuant to Guidance Note 5/2006 ("GN5") – Default in Payments

Further to the announcement made on 1 March 2013 pursuant to GN5 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of IDEAL (“the Board”) wishes to inform that with request to the settlement of debt with Orix Credit Malaysia Sdn Bhd ("Orix"), the High Court of Johore Bahru has on 9 January 2012 dismissed the claim of Orix against Ideal Property Concepts Sdn Bhd and the Company. An appeal has been filed by Orix on 1 February 2012. The Company will make the necessary announcement on further development on this matter, if any.

IDEAL will no longer be in default of payments to the financial institution provided that Orix’s appeal is dismissed.

This announcement is dated 1 April 2013.

   
  

 



IDEAL - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced1 Apr 2013  
CategoryGeneral Announcement
Reference NoCP-130401-C101A

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionIDEAL SUN CITY HOLDINGS BERHAD
- Monthly Announcement On the Status of the Company’s Plan to Comply With the Obligation to Regularise its Condition Pursuant to Guidance Note 3 ("GN3") of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements (“ACE LR”)

Reference is made to the announcement dated 1 March 2013, in compliance with paragraph 4.4 of the GN3 of ACE LR. The Board of Directors of IDEAL (“Board”) wishes to announce that the Company has submitted its Proposal and regularisation plan to Bursa Malaysia Securities Berhad (“Bursa Securities”) on 25 September 2012.

The Board wishes to inform that the Company’s revised forecasted and projected financial statement in relation to its proposed regularisation plan has been resubmitted to Bursa Securities on 27 March 2013. Any further developments to the proposed regularisation plan shall be announced accordingly.

This announcement is dated 1 April 2013. 

 

 



INSBIO - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced1 Apr 2013  
CategoryGeneral Announcement
Reference NoCC-130329-A8E21

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionReference is made to the First Announcement made by the Company on 30 August 2012, and the monthly announcements made on 1 October 2012, 1 November 2012, 3 December 2012, 2 January 2013, 4 February 2013 and 1 March 2013 respectively, in compliance with Rule 4.1(b) of Guidance Note ("GN") 3 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Board of Directors of INSBIO wishes to inform that the Company is in the midst of evaluating various options in its endeavour to formulate a regularisation plan to meet its obligation under GN3 (“Regularisation Plan”).

Premised on the First Announcement and the monthly announcements, the last day for submission of the Regularisation Plan by the Company to Bursa Securities and obtain Bursa Securities' approval to implement the said Regularisation Plan would be by 29 August 2013, which is approximately five (5) months from the date of this announcement.

This announcement is dated 1 April 2013.




KEYWEST - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameKEY WEST GLOBAL TELECOMMUNICATIONS BERHAD (ACE Market) 
Stock Name KEYWEST  
Date Announced1 Apr 2013  
CategoryGeneral Announcement
Reference NoCS-130401-52F90

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionKEY WEST GLOBAL TELECOMMUNICATIONS BERHAD (“the Company” or “KeyWest”)
- ANNOUNCEMENT PURSUANT TO GUIDANCE NOTE 3 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR ACE MARKET ("MONTHLY ANNOUNCEMENT")
Reference is made to the Company's Monthly Announcement dated 1 March 2013 for the month of March 2013. The Board of Directors of KeyWest wishes to announce that there is no further development to the regularisation plan of the Company, save for those which had been previously announced.

This announcement is dated 1 April 2013.


CATCHA - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameCATCHA MEDIA BERHAD (ACE Market) 
Stock Name CATCHA  
Date Announced1 Apr 2013  
CategoryChange in Boardroom
Reference NoCC-130227-70139

Date of change01/04/2013
NameLucas Robert Elliott
Age36
NationalityAustralian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateNon Independent & Non Executive
QualificationsIn 1998, he graduated with Bachelor of Commerce in Finance from University of Sydney, Australia. 
Working experience and occupation In 1999, he joined Patrick Y-Kin Grove and Kensuke Tsurumaru in the formation of Catcha.com Limited and in 2004 became one (1) of the founding members of Catcha Group Pte Ltd (the major shareholder of the Company). He was the Director of iProperty Group Limited since February 2010 and iCar Asia Limited since April 2012. He is one (1) of the region’s leading experts in migrating advertising and content models to the new media arena. His experience lies in developing fast moving online business models, monetizing online media assets and executing corporate transactions including mergers and acquisitions, capital raisings and public listings. 
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 subsidiaries
Deemed interested in 78,713,525 Ordinary Shares of RM0.10 each by virtue of his shareholding in Catcha Group Pte Ltd pursuant to Section 6A of the Companies Act, 1965

 


PASUKGB - Change in Principal Officer

Announcement Type: Change in Principal Officer
Company NamePASUKHAS GROUP BERHAD (ACE Market) 
Stock Name PASUKGB  
Date Announced1 Apr 2013  
CategoryChange in Principal Officer
Reference NoCA-130401-57349

Admission SponsorOSK Investment Bank Bhd
SponsorSame as above
Date of change01/04/2013
NameChan Meng Chun
Age40
NationalityMalaysian
Type of changeAppointment
DesignationChief Financial Officer
QualificationsMaster Degree, Finance/Accountancy/Banking from University of Wales (UK), Malaysia;
Fellowship Member of IFA (Institute of Financial Accountants)
Working experience and occupation Mr Chan has more than 21 years of experience in finance and accounting. His career began in early 1991 as an Accounts Executive in a consulting firm and subsequently worked with various organisation such as Jardine Insurance Brokers Sdn Bhd, ProJET Malaysia Sdn Bhd and Carimin Group of companies. His last position was as a Finance Director at Integrated Methods Sdn Bhd.
Family relationship with any director and/or major shareholder of the listed issuerNil
Any conflict of interests that he/she has with the listed issuer or its subsidiariesNil
Details of any interest in the securities of the listed issuer or its subsidiariesNil


AMBANK - 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 NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced1 Apr 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAH-130401-1B7FE

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 RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
[Disposal of 3,748,500 shares]

2. Employees Provident Fund Board

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (KIB)

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (MAYBAN)

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ALLIANCE)

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)
[Acquisition of 500,000 shares]

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (CIMB PRI)

8. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM)

9. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (TEMPLETON)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed27/03/2013
3,748,500
 
Acquired27/03/2013
500,000
 

Circumstances by reason of which change has occurredDisposal and acquisition of shares
Nature of interestDirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change393,504,057
Date of notice28/03/2013

Remarks :
This notice was received on 1 April 2013.


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