TEXCYCL - MATERIAL LITIGATION
Announcement Type: General Announcement
| Company Name | TEX CYCLE TECHNOLOGY (M) BERHAD (ACE Market) |
| Stock Name | TEXCYCL |
| Date Announced | 5 Apr 2013 |
| Category | General Announcement |
| Reference No | CC-130405-64858 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | TEX CYCLE TECHNOLOGY (M) BERHAD ("TEXCYCL" or “the Company”) - Yusseri bin Said ("the Plaintiff") v. Tex Cycle Technology (M) Berhad ("the Defendant") Civil Suit No. 22NCVC-1469-12/2012 ("Suit") |
Further to Company’s announcement dated 4 April 2013 (“the said previous announcement”) in respect of the above subject matter, the Company wishes to clarify that items 1, 2, 4 and 5 in the said previous announcement should read as follows instead of as announced yesterday:- Item 1 The particulars of the claim under the Suit, including the amount claimed for and the interest rate. En. Yusseri claims a sum of RM500,000 as a compensation for unfair dismissal, RM45,254.75 as amount owing to him with interest of 5% starting from the date of filing of the Statement of Claim dated 13 December 2012 until full settlement and a default legal cost of RM2,018. Item 2 The details of the default or circumstances leading to the filing of the Suit against TEXCYCL. On 12 October 2012, Metro Koats Technology Sdn Bhd (“Metro Koats”) (a subsidiary of TEXCYCL) has filed in the court of law, to retrieve a vehicle owned by Metro Koats, which was in the possession of En. Yusseri after he resigned as a director of the Company according to the minutes of the special board meeting of the Company dated 23 December 2011 (“the Claim”). On 3 December 2012, En. Yusseri counterclaimed against the Company for an arbitrary sum of RM500,000 to be compensated for his removal as a director of Metro Koats, and a sum of RM45,254.75 being amount owing to him which is already recognized in the books of the Company (“the Counter Claim”). During the Case Management hearing on 10 January 2013 at the High Court, the trial judge decided that both the Claim and Counter Claim should be combined and heard concurrently on 3 April 2013. However, before the Case Management, on 13 December 2012, En. Yusseri filed an identical claim in another court which deceived us into thinking that it is the ongoing case that will be heard on 3 April 2013. In fact, such double claim or “res judicata” is unlawful and generally regarded as an abuse of the process of the court. Consequently, judgment in default is obtained in one of the courts on 1 April 2013 while the full trial on the identical case would be heard in another court on another day, 3 April 2013. After the full day trial, the court will give a decision on 17 May 2013 instead of 17 April 2013 as announced on 4 April 2013. Item 4 The expected losses, if any arising from the Suit/Judgment. The maximum expected losses from the judgment, if any, is RM500,000 plus interest rate of 5% to be calculated from the date of filing of the Statement of Claim dated 13 December 2012 until full settlement. RM45,254.75 is an amount owing to En. Yusseri that was already recognized in the books of the Company. Item 5 The steps taken and proposed to be taken by TEXCYCL in respect of the Suit/Judgment. The Company’s solicitor had, on behalf of the Company, filed to set aside the judgment in default on 2 April 2013. The Company’s solicitor has today, on 4 April 2013 obtained a stay of execution to set aside the default judgment in which En. Yusseri cannot use the judgment until the application to set aside the judgment is heard and decided by the court on 29 May 2013. This announcement is dated 5 April 2013. | |
MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
| Stock Name | MYETFDJ |
| Date Announced | 5 Apr 2013 |
| Category | General Announcement |
| Reference No | MD-130405-53777 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 05-04-2013 Fund:MYETFDJ NAV per unit (RM):1.0819 Units in Circulation (units):259,100,000 Manager's Fee (%p.a):0.40 Trustee's Fee (%p.a):0.05 License Fee (%p.a):0.04 DJIM25 Index:969.52 |
PANAMY - Changes in Sub. S-hldr's Int. (29B) - Kumpulan Wang Persaraan (Diperbadankan)
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | PANASONIC MANUFACTURING MALAYSIA BERHAD |
| Stock Name | PANAMY |
| Date Announced | 5 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CA-130405-7C373 |
Particulars of substantial Securities Holder
| Name | Kumpulan Wang Persaraan (Diperbadankan) |
| Address | Aras 4,5&6, Menara Yayasan Tun Razak 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
| NRIC/Passport No/Company No. | KWAPACT6622007 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Oridnary share of RM1.00 each |
| Name & address of registered holder | Kumpulan Wang Persaraan (Diperbadankan) Aras 4,5&6, Menara Yayasan Tun Razak 200, Jalan Bukit Bintang 55100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 29/03/2013 | 2,000 |
| Remarks : |
| The form 29B was received by the Company on 05 April 2013 |
POS - 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 Name | POS MALAYSIA BERHAD |
| Stock Name | POS |
| Date Announced | 5 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PM-130405-46469 |
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 RM0.50 each |
| Name & address of registered holder | 1) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 2) Employees Provident Fund Board 3) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI) 4) CItigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM) 5) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 02/04/2013 | 140,000 | |
| Acquired | 02/04/2013 | 100,000 |
| Remarks : |
| The total number of 37,876,600 shares are held as follows :- 1) 25,482,500 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 2) 1,500,000 shares are registered in the name of Employees Provident Fund Board 3) 5,764,100 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI) 4) 800,000 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM) 5) 4,330,000 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN) The Form 29B dated 3 April 2013 was received by the Company on 5 April 2013. |
JAKS - GENERAL MEETINGS: NOTICE OF MEETING
Announcement Type: General Meetings
| Company Name | JAKS RESOURCES BERHAD |
| Stock Name | JAKS |
| Date Announced | 5 Apr 2013 |
| Category | General Meetings |
| Reference No | CA-130404-64604 |
| Type of Meeting | AGM |
| Indicator | Notice of Meeting |
| Description | JAKS RESOURCES BERHAD ("JAKS") - Notice of the Eleventh Annual General Meeting ("11th AGM") Enclosed notice of the 11th AGM of JAKS dated 5 April 2013 to convene the 11th AGM on 30 April 2013. |
| Date of Meeting | 30/04/2013 |
| Time | 10:30 AM |
| Venue | Royal Ballroom, Kelab Golf Sultan Abdul Aziz Shah No.1, Rumah Kelab, Jalan Kelab Golf 13/6 40100 Shah Alam, Selangor Darul Ehsan |
| Date of General Meeting Record of Depositors | 22/04/2013 |
PMCAP - PROVISION OF FINANCIAL ASSISTANCE
Announcement Type: General Announcement
| Company Name | PAN MALAYSIA CAPITAL BERHAD |
| Stock Name | PMCAP |
| Date Announced | 5 Apr 2013 |
| Category | General Announcement |
| Reference No | PM-130403-61F27 |
| Type | Announcement |
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
| Description | Quarterly Report Pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. Attached herewith is the quarterly report of the Company pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The announcement is dated 5 April 2013. |
AIRASIA - 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 Name | AIRASIA BERHAD |
| Stock Name | AIRASIA |
| Date Announced | 5 Apr 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CM-130405-95738 |
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 RM0.10 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 | 02/04/2013 | 2,000,000 | |
| Acquired | 02/04/2013 | 370,000 | |
| Disposed | 02/04/2013 | 2,164,100 |
| Remarks : |
| Direct Interest:- 1. Employees Provident Fund Board - 210,968,000 Indirect Interest:- 1. Employees Provident Fund Board (ALLIANCE) - 2,500,000 2. Employees Provident Fund Board (ARIM) - 250,000 3. Employees Provident Fund Board (TEMPLETON) - 1,759,100 This announcement is based on the information in the Notice of Change in the Interests of Substantial Shareholder from Citigroup Nominees (Tempatan) Sdn Bhd on behalf of EMPLOYEES PROVIDENT FUND BOARD dated 03/04/2013 received by the registered office of AirAsia Berhad on 05/04/2013. |
SUNWAY - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES
Announcement Type: General Announcement
| Company Name | SUNWAY BERHAD |
| Stock Name | SUNWAY |
| Date Announced | 5 Apr 2013 |
| Category | General Announcement |
| Reference No | MI-130405-66286 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES |
| Description | SUNWAY BERHAD (“SUNWAY” OR “COMPANY”) I. PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 594,552,301 NEW ORDINARY SHARES OF RM1.00 EACH IN SUNWAY (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.70 ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY THREE EXISTING ORDINARY SHARES OF RM1.00 EACH IN SUNWAY (“SUNWAY SHARES”) HELD BY SHAREHOLDERS OF SUNWAY ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED RIGHTS ISSUE”); AND II. PROPOSED ESTABLISHMENT OF AN EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) FOR THE ELIGIBLE EXECUTIVE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) (“PROPOSED ESOS”). (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
On behalf of the Board of Directors of Sunway ("Board"), RHB Investment Bank Berhad ("RHB Investment Bank") wishes to announce that Sunway proposes to undertake the Proposals. Kindly refer to the attachment for the details of the Proposals. This announcement is dated 5 April 2013. | |
PESTECH - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
| Company Name | PESTECH INTERNATIONAL BERHAD |
| Stock Name | PESTECH |
| Date Announced | 5 Apr 2013 |
| Category | General Announcement |
| Reference No | CS-130405-96BE4 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PESTECH INTERNATIONAL BERHAD ("PESTECH" OR "THE COMPANY") - ACQUISITION BY FORNIX SDN BHD, A WHOLLY OWNED SUBSIDIARY COMPANY OF PESTECH, OF A PIECE OF INDUSTRIAL LAND MEASURING APPROXIMATELY 8,575 SQUARE METERS HELD UNDER GERAN 207566, LOT 9366 SEKSYEN 20, BANDAR SERENDAH, DAERAH ULU SELANGOR, NEGERI SELANGOR FROM SPECRIVER SDN BHD FOR A TOTAL CONSIDERATION OF RM3,704,400.00 ("ACQUISITION") |
The Board of Directors of PESTECH ("Board") is pleased to announce that Fornix Sdn Bhd (Company No. 705247-A) ("FSB"), a wholly-owned subsidiary of the Company had on 2 April 2013 entered into a Sale and Purchase Agreement ("SPA") with Specriver Sdn Bhd (Company No. 700543-W) ("SSB" or "the Vendor") for the acquisition of a piece of industrial land measuring approximately 8,575 square meters held under Geran 207566, Lot 9366 Seksyen 20, Bandar Serendah, Daerah Ulu Selangor, Negeri Selangor ("Land") for a total purchase consideration of RM3,704,400.00 ("Purchase Consideration"), subject to the terms and conditions as contained in the SPA (referred to as "Acquisition"). Please refer to the attachment for full text of the announcement. This announcement is dated 5 April 2013. | |
LBS - OTHERS LBS BINA GROUP BERHAD (“LBGB” or “the Company”) - Proposed First and Final Dividend
Announcement Type: General Announcement
| Company Name | LBS BINA GROUP BERHAD |
| Stock Name | LBS |
| Date Announced | 5 Apr 2013 |
| Category | General Announcement |
| Reference No | LB-130403-37958 |
| Type | Announcement |
| Subject | OTHERS |
| Description | LBS BINA GROUP BERHAD (“LBGB” or “the Company”) - Proposed First and Final Dividend |
The Board of Directors of LBS Bina Group Berhad is pleased to announce that the Board has on 5 April 2013 proposed a First and Final Dividend of 2.5 sen per ordinary share of RM1.00 each less 25% income tax for the financial year ended 31 December 2012 subject to the shareholders’ approval at the forthcoming Thirteenth Annual General Meeting. The relevant dates of entitlement and payment will be announced at a later date. This announcement is dated 5 April 2013. | |
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