Company announcements: CIMBA40, CIMBC25, PMETAL, ITRONIC, WCT-WD

CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement

Company Name	CIMB FTSE ASEAN 40 MALAYSIA
Stock Name	CIMBA40
Date Announced	15 May 2013
Category	General Announcement
Reference No	OB-130515-70610

Type	Announcement
Subject	NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description	Fund: CIMB FTSE ASEAN 40 Malaysia Date: 15-May-2013 IOPV per unit (RM): 1.8367 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: 12,347.42

Attachments NAV Basket-15.5.2013-ASEAN40.pdf 10 KB

---

CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement

Company Name	CIMB FTSE CHINA 25
Stock Name	CIMBC25
Date Announced	15 May 2013
Category	General Announcement
Reference No	OB-130515-70739

Type	Announcement
Subject	NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description	Fund: CIMB FTSE China 25 Date: 15-May-2013 IOPV per unit (RM): 0.8972 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: 16,712.20

Attachments NAV Basket-15.5.2013-CHINA25.pdf 25 KB

---

PMETAL - Changes in Director's Interest (S135) - KOON POH KONG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	PRESS METAL BERHAD
Stock Name	PMETAL
Date Announced	15 May 2013
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	CC-130515-62068

Information Compiled By KLSE

Particulars of Director

Name	KOON POH KONG
Address	804, BLOCK B, TIARA KELANA CONDO SS7/19, TAMAN SRI KELANA, KELANA JAYA, 47301 PETALING JAYA, SELANGOR DARUL EHSAN, MALAYSIA
Descriptions(Class & nominal value)	ORDINARY SHARES OF RM0.50 EACH

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	15/05/2013	200,000	2.000

Circumstances by reason of which change has occurred	Acquisition of shares
Nature of interest	Direct
Consideration (if any)

Total no of securities after change
Direct (units)	11,741,194
Direct (%)	2.31
Indirect/deemed interest (units)	3,000
Indirect/deemed interest (%)	0
Date of notice	15/05/2013

Remarks :

The direct interest in 11,741,194 ordinary shares of RM0.50 each are held as follows: i) 3,980,796 ordinary shares of RM0.50 each in the name of Koon Poh Kong. ii) 5,170,398 ordinary shares of RM0.50 each in the name of EB Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Mr Koon Poh Kong. iii) 2,590,000 ordinary shares of RM0.50 each in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Mr Koon Poh Kong The indirect interest in 3,000 ordinary shares of RM0.50 each are held in the name of TA Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Lee Sook Ching.

---

ITRONIC - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement

Company Name	INDUSTRONICS BERHAD
Stock Name	ITRONIC
Date Announced	15 May 2013
Category	General Announcement
Reference No	CS-130515-C4DCA

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY") DISPOSAL OF THE 100% EQUITY INTEREST IN INDUSTRONICS AUTOMATION SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF INDUSTRONICS
1. INTRODUCTION The Board of Directors of Industronics is pleased to announce that the Company has on 15 May 2013 entered into a Sale and Purchase of Shares Agreement (“the Agreement”) to dispose of the entire issued and paid-up share capital of Industronics Automation Sdn Bhd (Company No. 378877-V) (“Automation”), a wholly-owned subsidiary of the Company, comprising one million (1,000,000) ordinary shares of Ringgit Malaysia one (RM1.00) each (“Sale Shares”), to Teroka Solaris Sdn. Bhd. (Company No. 1042211-P) (“Teroka”) for a cash consideration of Ringgit Malaysia Twenty Thousand (RM20,000) only (the “Disposal”). Upon completion of the Disposal, Automation will cease to be a wholly-owned subsidiary of the Company. 2. DETAILS OF AUTOMATION AND TEROKA 2.1 Information of Automation Automation was incorporated in Malaysia under the Companies Act, 1965 (“Act”) on 6 March 1996. The authorised share capital of Automation is Ringgit Malaysia One Million (RM1,000,000) comprising one million (1,000,000) ordinary shares of RM1.00 each, all of which had been fully issued and paid up. The principal activities of Automation are to provide consultation project management and system integration services in industrial automation. 2.2 Information of Teroka Teroka was incorporated in Malaysia under the Act on 11 April 2013. The authorised share capital of Teroka is Ringgit Malaysia One Hundred Thousand (RM100,000) comprising one hundred thousand (100,000) ordinary shares of RM1.00 each (“Teroka Shares”) and the issued and paid up share capital is Ringgit Malaysia One Hundred (RM100.00) comprising One Hundred (100) Teroka Shares. Its principal activity is commercial trading, property dealing and investment holding. The directors and beneficial owners of Teroka are Khalil Bin Hassan (“Khalil”) and Mohd Fadzil Bin Mokhtar (“Fadzil”). Both Khalil and Fadzil are management officers of Automation. 3. RATIONALE FOR THE DISPOSAL Automation had incurred losses over the past two (2) years from the financial year ended (“FYE”) 31 December 2011 to the FYE 31 December 2012 amounted to RM400,742 and RM444,418 respectively. For the period from 1 January 2013 to 31 March 2013, Automation incurred a loss of RM229,077. The Disposal will enable Industronics and its subsidiaries (“Industronics Group” or “Group”) to streamline the Group’s structure for better efficiency and relieving Industronics from incurring further losses in its investment in Automation. 4. SALIENT TERMS OF THE AGREEMENT The salient terms of Agreement are as follows: The purchase price for the Sale Shares of Ringgit Malaysia Twenty Thousand (RM20,000) only shall be paid by Teroka to Industronics. In consideration of the Teroka entering into the Agreement and at the request of the Company and the completion of the Agreement with consideration of the sum of Ringgit Malaysia One (RM1.00) now paid by Teroka to the Company, the Company agreed to grant, assign, transfer and set over unto the Teroka its entire right, title and interest in and to the debt of RM1,907,064/- being the advance by the Company to Automation. Teroka shall fully take over the project “PERKHIDMATAN MEMBANGUNKAN DISASTER RECOVERY SYSTEM (DRS) BAGI SISTEM PENGESANAN BANJIR (FLOOD DETECTION SYSTEM - FDS) SMART (STORMWATER MANAGEMENT AND ROAD TUNNEL) DAN MENAIKTARAF FDS SEDIA ADA DI PUSAT KAWALAN SMART” with effect from the date of the Agreement. Teroka shall fully responsible to maintain the DRS components and problem fixing and rectification of this project during defect liability period and to indemnify and keep Industronics indemnified fully against any claims, demand, losses, costs that Industronics may suffer in relation to breach of any provision of this project. Provided always that there shall be no breach of the existing employees of the employment contract or the applicable laws, Teroka shall retain all the existing employees of Automation. It is agreed that this warranty is valid for a period of ninety (90) days only from the date of the Agreement. 5. ORIGINAL COST OF INVESTMENT Industronics invested in the issued and paid-up share capital of Automation at a total cost of Ringgit Malaysia One Million (RM1,000,000), details as below: Date No. of shares acquired/allotted Par Value (RM) Cumulative Cost of Investment (RM) 20 April 1996 2 1 2 31 December 1996 79,998 1 80,000 08 January 1999 450,000 1 530,000 16 July 1999 70,000 1 600,000 01 December 1999 250,000 1 850,000 06 June 2001 150,000 1 1,000,000 Total 1,000,000 6. BASIS OF ARRIVING AT THE SALE CONSIDERATION AND UTILISATION OF SALE CONSIDERATION The cash consideration of Ringgit Malaysia Twenty Thousand (RM20,000) is arrived at on a “willing buyer willing seller” basis, after taking into consideration the unaudited net liabilities of Automation of RM1,888,464 as at 31 March 2013 and the assignment to Teroka of the debts owing by Automation to Industronics amounting to RM1,907,064 as at 31 March 2013. For the FYE 31 December 2011 and 31 December 2012, the audited net liabilities of Automation were RM1,214,970 and RM1,659,388, respectively. The sale consideration will be utilised as working capital of the Industronics Group and is expected to be utilised within one month from the date of receipt. 7. ASSUMPTION OF LIABILITIES Teroka shall assume the liabilities in Automation following the Disposal without any recourse to Industronics and shall indemnify and keep Industronics fully indemnified against any claims arising thereof, if any. There is no corporate guarantee extended by Industronics to any creditor of Automation. 8. EFFECT OF THE DISPOSAL 8.1 Share Capital and Shareholding Structure of the Major Shareholders The Disposal will not have any effect on the issued and paid-up share capital and shareholding structure of the major shareholders in Industronics as it does not involve any allotment or issuance of new ordinary shares of Industronics. 8.2 Net assets The Disposal will not have any material effect on the consolidated net assets of Industronics. 8.3 Gearing The Disposal will not have any material effect on the gearing ratio of Industronics. 8.4 Earnings The Disposal will result in a gain on disposal of approximately RM1,639 to the Industronics Group for the financial year ending 31 December 2013, computed based on the unaudited financial statements of Automation for the three (3) months financial period ended 31 March 2013. The Disposal will not have any material effect on the earnings of Industronics Group for the financial year ending 31 December 2013. 9. APPROVAL OF SHAREHOLDERS The Disposal does not require the approval of the Company’s shareholders or any other regulatory body. The highest percentage ratio applicable to the Disposal pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements is 1.29%. 10. INTEREST OF DIRECTORS, SUBSTANTIAL SHAREHOLDERS AND CONNECTED PERSONS None of the directors and/or major shareholders of Industronics as well as persons connected to them have any interest, direct and/or indirect in the Disposal. 11. STATEMENT BY THE BOARD OF DIRECTORS The Board of Directors, having considered all aspects of the Disposal, is of the view that the Disposal is in the best interest of Industronics Group. 12. ESTIMATED TIMEFRAME FOR COMPLETION The Disposal is completed today, being the date of the Agreement and the cash consideration of RM20,000 has been received today. 13. DOCUMENTS FOR INSPECTION A copy of the Agreement is available for inspection at Industronics’ registered office at No. 9, Jalan Taming Jaya 3, Taman Tanming Jaya, 43300 Seri Kembangan, Selangor Darul Ehsan during the normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 15 May 2013.

---

WCT-WD - Changes in Director's Interest (S135) - Taing Kim Hwa

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

Company Name	WCT BERHAD
Stock Name	WCT-WD
Date Announced	15 May 2013
Category	Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No	WW-130515-A669E

Information Compiled By KLSE

Particulars of Director

Name	Taing Kim Hwa
Address	10, Jalan Eksekutif U1/6, Seksyen U1, 40000 Shah Alam, Selangor Darul Ehsan
Descriptions(Class & nominal value)	Warrants (2012/2017)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	15/05/2013	100,000	0.535

Circumstances by reason of which change has occurred	Acquisition of warrants in the open market
Nature of interest	Direct
Consideration (if any)

Total no of securities after change
Direct (units)	765,649
Direct (%)	0.47
Indirect/deemed interest (units)	44,797,660
Indirect/deemed interest (%)	27.35
Date of notice	15/05/2013

Remarks :

---