May 20, 2013

Company announcements: CUSCAPI, GDEX, GENETEC, MPAY, BOILERM, MYETFDJ, CIMBA40

CUSCAPI - Changes in Sub. S-hldr's Int. (29B) - WONG YOKE YUNG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameCUSCAPI BERHAD (ACE Market) 
Stock Name CUSCAPI  
Date Announced20 May 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130520-587A2

Particulars of substantial Securities Holder

NameWONG YOKE YUNG
Address9 Concordia Road
10250 Georgetown
NRIC/Passport No/Company No.560321-10-6427
Nationality/Country of incorporationMalaysian/Chinese
Descriptions (Class & nominal value)Ordinary shares of RM0-10 each
Name & address of registered holderWong Yoke Yung (Acquired - 7,500)
9 Concordia Road
10250 Georgetown

ECML Nominees (Tempatan) Sdn. Bhd. (Acquired - 3,330,000)
Pledged securities account for Wong Yoke Yung (03MG00018)
Ground Floor Bangunan ECM Libra
8 Jalan Damansara Endah
Damansara Heights, 50490 Kuala Lumpur

M & A Nominee (Tempatan) Sdn. Bhd. (Acquired - 7,875,000)
Pledged securities account for Wong Yoke Yung (PNG)
Level 1 No. 45 The Boulevard
Mid Valley City Lingkaran Syed Putra
59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/05/2013
7,500
 
Acquired02/05/2013
3,330,000
 
Acquired02/05/2013
7,875,000
 

Circumstances by reason of which change has occurredSubscription of Renounceable Rights Issue with Free Detachable Warrants and Bonus Issue
Nature of interestDirect
Direct (units)26,450,000 
Direct (%)6.14 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change26,450,000
Date of notice09/05/2013

Remarks :
Total number of securities held after change are as follows:-

1. M & A Nominee (Tempatan) Sdn. Bhd. (18,525,000)
Pledged securities account for Wong Yoke Yung (PNG)

2. ECML Nominees (Tempatan) Sdn. Bhd. (7,770,000)
Pledged securities account for Wong Yoke Yung
(03MG00018)

3. Wong Yoke Yung (155,000)

The Secretary of the Company received the Form 29B dated 9 May 2013 today, 20 May 2013.


GDEX - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameGD EXPRESS CARRIER BERHAD (ACE Market) 
Stock Name GDEX  
Date Announced20 May 2013  
CategoryChange in Boardroom
Reference NoCC-130520-60362

Date of change20/05/2013
NameLeong Chee Tong
Age47
NationalitySingaporean
Type of changeRedesignation
Previous PositionChief Executive Officer
New PositionExecutive Director
DirectorateExecutive
QualificationsMr Leong Chee Tong has a degree in Accountancy from the National University of Singapore.  
Working experience and occupation Mr Leong started his career with Ernst & Young in Singapore in 1989. He then joined Tai Wee, a leading frozen food trading house in Singapore in 1991, before moving on to NTUC Healthcare Cooperative (“NHC”) as its Finance Manager in 1995. During his five (5) years at NHC, he was promoted as the Group Financial Controller. Mr Leong joined GD Express Group in 2000. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect shareholding of 6,438,743 ordinary shares of RM0.10 each in GD Express Carrier Bhd. 

Remarks :
Mr Leong was redesignated from Executive Director and Chief Executive Officer to Executive Director with effect from 20 May 2013.


GDEX - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameGD EXPRESS CARRIER BERHAD (ACE Market) 
Stock Name GDEX  
Date Announced20 May 2013  
CategoryChange in Boardroom
Reference NoCC-130520-59939

Date of change20/05/2013
NameTeong Teck Lean
Age52
NationalityMalaysian
Type of changeRedesignation
Previous PositionDeputy Chairman
New PositionManaging Director
DirectorateExecutive
QualificationsMr Teong holds a degree in Electrical and Electronics Engineering from the University of Manitoba, Canada.  
Working experience and occupation Mr Teong started his career as an engineer with Texas Instruments in 1984. He later joined Lembaga Letrik Negara where he served as a Consumer Engineer for four (4) years. He then joined the stock broking industry and became a dealer with OSK Securities Berhad in 1990. Mr Teong joined GD Express Group in 2000. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect shareholding of 662,500 ordinary shares of RM0.10 each in GD Express Carrier Bhd.
Indirect shareholding of 108,623,496 ordinary shares of RM0.10 each in GD Express Carrier Bhd. 

Remarks :
Mr Teong was redesignated from Executive Deputy Chairman to Managing Director / Group Chief Executive Officer with effect from 20 May 2013.


GENETEC - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameGENETEC TECHNOLOGY BERHAD (ACE Market) 
Stock Name GENETEC  
Date Announced20 May 2013  
CategoryGeneral Announcement
Reference NoGT-130520-63155

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionCourt of Common Pleas, 13th Judicial Circuit, County of Greenville, State of South Carolina, United States of America, bearing case number: 2013-CP-23-02519

Plaintiff, McNaughton-Mckay Southeast, Inc vs Defendant, System’s South, Inc.

The Board of Directors of Genetec (“the Board”) wishes to announce that System’s South, Inc (“SSI” or “the Defendant”), a subsidiary of Genetec based in United States of America, has been named as defendant in a civil suit filed by McNaughton-Mckay Southeast, Inc. (“McNaughton” or “the Plaintiff”) in the Court of Common Pleas, 13th Judicial Circuit, County of Greenville, State of South Carolina, United States of America, bearing case number: 2013-CP-23-02519.

Genetec had on 17 May 2013 late evening received a Summons and a Complaint for the Defendant dated 29 April 2013 (“the Summons & Complaint”) from an employee of SSI in United States of America via email, which in turn was received by the said employee on 16 May 2013 from the Plaintiff’s solicitors, Craig H. Allen, Esq. of Messrs Craig H Allen, P.A.

The particulars of the claim under the Summons & Complaint, including the amount claimed for and the interest rate and other relief sought.

McNaughton is claiming the alleged indebtedness of USD72,378.02, and such other and further relief as the nature of this case shall require and to the court shall seem just and proper.

The details of the default or circumstances leading to the filing of the Summons & Complaint against SSI:

McNaughton is alleging that at the request of SSI, and its promise and agreement to pay for the same, McNaughton sold and delivered to SSI certain merchandise at the time or times, in the character and amounts, and at the agreed prices as shown by reference to the itemized statement of account attached to the Summons and Complaint as Exhibit A. McNaughton is alleging the sum of USD72,378.02 as remains due and unpaid. However, based on SSI’s books of account as of 9 May 2013, the amount owing to McNaughton is USD26,898.22 only.

The expected losses, if any arising from the Summons/Judgment.

The maximum expected losses from the Summons/Judgment, if any, is USD72,378.02 (equivalent to RM224,371.86) and such other and further relief as the nature of this case shall require and to the court shall award to McNaughton.

The claim has no reasonably foreseeable material financial and operational impact on the Genetec Group, as the businesses and operations of the Defendant is managed independently from the Malaysian businesses and operations, and the Defendant is not a major subsidiary of Genetec.

The steps taken and proposed to be taken by Genetec in respect of the Summons/Judgment.

The Company is seeking advice from its solicitors in the United States of America regarding the Summons and the Complaint, the discrepancies between the due and unpaid amount alleged by McNaughton in the Summons and Complaint against the amount as recorded in SSI’s books of account, and as to whether the service of the Summons and Complaint has been performed in a proper manner since it was served on an employee of SSI instead of SSI.

Further announcements will be made as and when there are material developments in the matter.

This announcement is dated 20 May 2013.



MPAY - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameMANAGEPAY SYSTEMS BERHAD (ACE Market) 
Stock Name MPAY  
Date Announced20 May 2013  
CategoryGeneral Announcement
Reference NoCC-130517-42088

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionManagePay Systems Berhad (“ManagePay” or the “Company”)
- Memorandum of Understanding entered into between ManagePay Services Sdn Bhd (formerly known as Multimedia Prospect Sdn Bhd), a wholly-owned subsidiary of ManagePay, and China B-TO-B Holdings Limited (“MOU”)

Reference is made to ManagePay’s announcement on 8 March 2012, 23 May 2012, 28 August 2012, 19 November 2012 and 19 February 2013 in relation to the MOU for the setting up of a two-way China-Malaysia e-commerce platform.

The Board of Directors of ManagePay wishes to inform that save for exchanging of technical information between the two parties, there has been no development on the MOU since the last announcement on 19 February 2013.

The Company will provide an update if there is any further material development in respect of the MOU.

This announcement is dated 20 May 2013.



BOILERM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameBOILERMECH HOLDINGS BERHAD (ACE Market) 
Stock Name BOILERM  
Date Announced20 May 2013  
CategoryGeneral Announcement
Reference NoCK-130520-52589

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionPursuant to Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Mr Leong Yew Cheong, the Director of Boilermech Holdings Berhad ("the Company") has transacted in the securities of the Company as set out in the table below.

The Company has received the notification of dealing by Mr Leong Yew Cheong on 20 May 2013.

Date of Disposal
Price Per Share (RM)
No. of Ordinary Shares of RM0.10 each% of Issued Shares
17 May 2013
1.3927(141,500)
0.055
20 May 2013
1.3983
(444,500)
0.172

This announcement is dated 20 May 2013.



BOILERM - Changes in Director's Interest (S135) - Leong Yew Cheong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameBOILERMECH HOLDINGS BERHAD (ACE Market) 
Stock Name BOILERM  
Date Announced20 May 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-130520-52189

Information Compiled By KLSE

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above

Particulars of Director

NameLeong Yew Cheong
AddressNo. 14, Jalan Pengaturcara U1/51B
Seksyen U1, Glenmarie, 40150 Shah Alam
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary Shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
17/05/2013
141,500
 
Disposed
20/05/2013
444,500
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)39,546,212 
Direct (%)15.33 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice20/05/2013


BOILERM - Changes in Sub. S-hldr's Int. (29B) - Leong Yew Cheong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameBOILERMECH HOLDINGS BERHAD (ACE Market) 
Stock Name BOILERM  
Date Announced20 May 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-130520-52405

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above

Particulars of substantial Securities Holder

NameLeong Yew Cheong
AddressNo. 14, Jalan Pengaturcara U1/51B
Seksyen U1, Glenmarie, 40150 Shah Alam
Selangor Darul Ehsan
NRIC/Passport No/Company No.540809-10-5999
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderLeong Yew Cheong
No. 14, Jalan Pengaturcara U1/51B
Seksyen U1, Glenmarie, 40150 Shah Alam
Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed17/05/2013
141,500
 
Disposed20/05/2013
444,500
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Direct (units)39,546,212 
Direct (%)15.33 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change39,546,212
Date of notice20/05/2013


MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced20 May 2013  
CategoryGeneral Announcement
Reference NoMD-130520-60132

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 20-05-2013
Fund:MYETFDJ
NAV per unit (RM):1.1456
Units in Circulation (units):257,500,000
Manager's Fee (%p.a):0.40
Trustee's Fee (%p.a):0.05
License Fee (%p.a):0.04
DJIM25 Index:1,023.91

Attachments

Daily Fund Values200513.pdf
56 KB



CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced20 May 2013  
CategoryGeneral Announcement
Reference NoOB-130520-67565

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 20-May-2013
IOPV per unit (RM): 1.8338
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: 12,378.50

Attachments

Asean40.pdf
10 KB



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