May 30, 2013

Company announcements: SMRTECH, KOSSAN, ASTINO, KNM, TOYOINK, BIOOSMO, HANDAL, MJPERAK, SINOTOP, FITTERS

SMRTECH - SMR TECHNOLOGIES BERHAD (“SMRT”) PROPOSED ACQUISITION BY SMR EDUCATION SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SMRT, OF 70% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF IN-FUSION EDUCATION SDN BHD FOR A PURCHASE CONSIDERATION OF RM27,448,758.58 WHICH WOULD RESULT IN A DIVERSIFICATION IN THE OPERATIONS OF SMRT AND ITS SUBSIDIARIES INTO THE PROVISION OF TERTIARY EDUCATION IN MEDICAL SCIENCES (“PROPOSED ACQUISITION”)

Announcement Type: General Announcement
Company NameSMR TECHNOLOGIES BERHAD (ACE Market) 
Stock Name SMRTECH  
Date Announced30 May 2013  
CategoryGeneral Announcement
Reference NoMI-130530-42500

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-130527-56851
SubjectSMR TECHNOLOGIES BERHAD (“SMRT”)

PROPOSED ACQUISITION BY SMR EDUCATION SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SMRT, OF 70% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF IN-FUSION EDUCATION SDN BHD FOR A PURCHASE CONSIDERATION OF RM27,448,758.58 WHICH WOULD RESULT IN A DIVERSIFICATION IN THE OPERATIONS OF SMRT AND ITS SUBSIDIARIES INTO THE PROVISION OF TERTIARY EDUCATION IN MEDICAL SCIENCES (“PROPOSED ACQUISITION”)
Description(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the SMRT announcement dated 23 May 2013 in relation to the Proposed Acquisition (“Initial Announcement”)).

We refer to the query letter from Bursa Securities dated 28 May 2013 in relation to the Proposed Acquisition (“Query Letter”).

On behalf of SMRT, Maybank Investment Bank Berhad wishes to announce the additional information in relation to the Proposed Acquisition as required by Bursa Securities pursuant to the Query Letter.

Please refer to the attachment for details of the announcement.

This announcement is dated 30 May 2013.
Query Letter Contents We refer to your announcement dated 23 May 2013 in respect of the
abovecaptioned matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

1. Whether SMRT intends to continue with, or cease, its current business of
offering technology-driven integrated HRD solutions and workforce education.

2 Whether SMRT has the capability, experience and resources in
undertaking/venturing into the provision of tertiary education in medical
sciences. If not, to state how it proposes to acquire the capability,
experience and resources.

3. To state the following in respect of Cyberjaya University College of
Medical Sciences:
a) number of courses offered and their respective enrolment capacity;
b) number or percentage of enrollment; and
c) location, size and capacity of the campus.

4. The directors and substantial shareholders of IESB and their shareholdings.

Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully

TAN YEW ENG
Head, Issuers
Listing Division
Regulation

TYE/NMA c.c:- Head, Market Surveillance Department, Market Supervision
Division, Securities
Commission (via fax)

Attachments

Reply to Bursa Queries.pdf
94 KB



KOSSAN - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameKOSSAN RUBBER INDUSTRIES BERHAD  
Stock Name KOSSAN  
Date Announced30 May 2013  
CategoryGeneral Meetings
Reference NoKR-130530-45352

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionKossan Rubber Industries Bhd ("The Company") wishes to announce that the 33rd Annual General Meeting of the Company will be held at Concorde II, Level 2, Concorde Hotel Shah Alam, 3, Jalan Tengku Ampuan Zabedah C 9/C, 40100 Shah Alam on Tuesday, 25 June 2013 at 10.30a.m. The Notice is as per attached file.

This announcement is dated 30 May 2013
Date of Meeting25/06/2013
Time10:30 AM
VenueConcorde II, Level 2, Concorde Hotel Shah Alam, 3, Jalan Tengku Ampuan Zabedah C 9/C, 40100 Shah Alam
Date of General Meeting Record of Depositors18/06/2013

Attachments

Notice of AGM.pdf
45 KB



ASTINO - Changes in Director's Interest (S135) - Cheah Soo Jin

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameASTINO BERHAD  
Stock Name ASTINO  
Date Announced30 May 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130530-8C5C0

Information Compiled By KLSE

Particulars of Director

NameCheah Soo Jin
Address161 Jalan Cempaka
Taman Jaya
14000 Bukit Mertajam
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)
Disposed
29/05/2013
15,000
1.090 

Circumstances by reason of which change has occurredOpen Market Disposal
Nature of interestDirect
Consideration (if any)RM1.09 per share 

Total no of securities after change

Direct (units)1,054,279 
Direct (%)0.78 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice29/05/2013

Remarks :
Percentage of shares disposed: 0.01%


KNM - OTHERS Material Contracts secured by KNM Group Berhad’s subsidiaries amounting to approximately RM307 million

Announcement Type: General Announcement
Company NameKNM GROUP BERHAD  
Stock Name KNM  
Date Announced30 May 2013  
CategoryGeneral Announcement
Reference NoKG-130529-84A2F

TypeAnnouncement
SubjectOTHERS
DescriptionMaterial Contracts secured by KNM Group Berhad’s subsidiaries amounting to approximately RM307 million
Further to the Company’s announcement on 28 May 2013, the Company wishes to inform the following:-
1. Secured Orders

i. The additional contracts secured totaling about RM307 million were awarded by the clients of the following subsidiaries of the Company since February 2013:-
    Subsidiaries
    Clients
    Total Contract Value
    [RM Million]
    Type of Contracts
    FBM Hudson Italiana SpA, ItalyNumaligarph, Saipem, Port Harcourt, Tecnimont, Shenhua Coal to Oil Chemical Engineering Co Ltd, Prosernat, Toyo Engineering, Fertinitro, Kazakh Projects JV Ltd / Fluor TCO, NRI Procurement Nigeria Ltd, Giprogazoochistka, Global Oil and Gas Trading & Australia Pacific LNG/Origin Energy
    103
    Supply and Delivery of Process Equipment and Related Products
    FBM-KNM FZCO, UAEDyna-Therm Corporation, PSC Kuwait, DODSAL, Tecnicas Reunidas, Uhde, Saipem, KJO, Al Khafji & Uhde
    70
    Supply and Delivery of Process Equipment and Related Products
    BORSIG Group, GermanyPosco EC Tower 1, Tecnimont KT SpA, BASF Antwerpen N.V., Technip, DJK Europe GmbH & TOTAL
    64
    Supply and Delivery of Process Equipment and Related Products
    KNM Process Systems Sdn Bhd, MalaysiaAsean Bintulu Fertilizer Sdn Bhd, JGC Corporation, Petronas, Toyo Engineering & Construction Sdn Bhd, UTE TR Integrated Projects & Lanxess Butyl Pte Ltd c/o Foster Wheeler Asia Pacific Pte Ltd
    42
    Supply and Delivery of Process Equipment and Related Products
    W.E. Smith Engineering Pty Ltd, AustraliaAGL Energy Limited, Alcan Gove Pty Ltd, ASC Pty Ltd, Barrick-Pueblo Viejo, BP Refinery (BI) Pty Ltd), Esso Australia Pty Ltd, Newcrest, Onesteel, Orica Mining Services, Pacific Aluminium (Alcan Gove), Queensland Alumina Ltd, Queensland Nitrates Pty Ltd, Shell, Transfield Worley & Vale Nouvelle Caledonia
    20
    Supply and Delivery of Process Equipment and Related Products
    KNM Process Equipment (Changshu) Co Ltd, ChinaJacobs Engineering Group Inc as agent for Shell US Gas & Power LLC, ICA Fluor, Lanxess Chemical (China) Co Ltd & Air Liquide (Hangzhou)
    5
    Supply and Delivery of Process Equipment and Related Products
    HEA Australia Pty Ltd, AustraliaAlcoa, Atlas Copco, BHP Billiton, BPRK, Esso Australia Pty Ltd, Tronox & Woodside Energy Limited
    3
    Supply and Delivery of Process Equipment and Related Products
    307
      ii. The duration for the above contracts ranges between 3 - 20 months.

    2. Approvals

      The award is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or elsewhere.

    3. Directors' and major shareholders' interest

      None of the directors or substantial shareholders of KNM, or any persons connected to them, has any direct or indirect interest in the above secured orders.

    4. Effects of the orders

      The above orders are expected to contribute positively to the KNM/KNM Group's earnings for the financial years ending 31 December 2013 and 31 December 2014.

    5. Risk Factors

      The above contracts secured are subject to certain risks mainly in the power, oil and gas energy sector which includes changes in general economic conditions such as inflation, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions including but not limited to political, legislative, government and statutory/regulatory changes as well as deterioration in prevailing market conditions.


      These contracts do not alter the risk profile of KNM Group as KNM Group are already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in the industry.

      Although KNM Group with its vast experience may undertake efforts to mitigate the various risks, there is no assurance that any change in the above factors will not have a material adverse effect on the business and operations of KNM/KNM Group.

    This announcement is dated 30 May 2013.


    TOYOINK - MATERIAL LITIGATION

    Announcement Type: General Announcement
    Company NameTOYO INK GROUP BERHAD  
    Stock Name TOYOINK  
    Date Announced30 May 2013  
    CategoryGeneral Announcement
    Reference NoCS-130529-5FD55

    TypeAnnouncement
    SubjectMATERIAL LITIGATION
    DescriptionTOYO INK GROUP BERHAD (“TIGB” OR “COMPANY”)
    ORIGINATING SUMMONS NO. 24NCC-14-01/2013
    EXPO HOLDINGS SDN. BHD. & 4 OTHERS AGAINST TIGB

    The terms used herein shall, unless context otherwise stated, bear the same meaning as those defined in the announcement dated 15 January 2013.

    We refer to the announcements dated 15 January 2013, 16 January 2013, 21 January 2013, 22 January 2013 and 7 May 2013 on the above pertaining to the Originating Summons and Interim Injunction Order that were served on the Company on 15 January 2013.

    The Company wishes to announce that the Originating Summons was heard in the afternoon on 29 May 2013. The submissions were completed and the Judge reserved her decision until 19 July 2013.

    TIGB will make the necessary announcement on further development on this matter in due course.

    This announcement is dated 30 May 2013.

    c.c.: Securities Commission Malaysia



    BIOOSMO - Circular/Notice to Shareholders

    Announcement Type: PDF Submission
    Company NameBIO OSMO BERHAD  
    Stock Name BIOOSMO  
    Date Announced30 May 2013  
    CategoryPDF Submission
    Reference NoMI-130530-44539

    SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO:

    (I) PROPOSED SETTLEMENT OF DEBT OWING TO CREDITORS OF BIO OSMO BERHAD ("BIO OSMO") AND ITS SUBSIDIARIES, NAMELY IDAMAN CAPITAL BERHAD, BANK KERJASAMA RAKYAT MALAYSIA BERHAD AND IDENTIFIED TRADE AND NON-TRADE CREDITORS (PROPOSED DEBT SETTLEMENT");

    (II) PROPOSED PRIVATE PLACEMENT OF 115,000,000 NEW ORDINARY SHARES OF BIO OSMO OF RM0.20 EACH AT A FIXED ISSUE PRICE OF RM0.20 EACH, REPRESENTING 57.5% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF BIO OSMO ("PROPOSED PRIVATE PLACEMENT);

    (III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF BIO OSMO TO FACILITATE THE PROPOSED DEBT SETTLEMENT AND THE PROPOSED PRIVATE PLACEMENT ("PROPOSED AMENDMENTS TO THE M&A").

    (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

    Attachments

    BIO OSMO_130530_PROPOSALS.pdf
    1138 KB






    HANDAL - GENERAL MEETINGS: OUTCOME OF MEETING

    Announcement Type: General Meetings
    Company NameHANDAL RESOURCES BERHAD  
    Stock Name HANDAL  
    Date Announced30 May 2013  
    CategoryGeneral Meetings
    Reference NoCA-130527-35132

    Type of MeetingAGM
    IndicatorOutcome of Meeting
    Date of Meeting30/05/2013
    Time10:00 AM
    VenueAwana Grand Ballroom, Awana Kijal Golf, Beach & Spa Resort, KM 28, Jalan Kemaman-Dungun, 24100 Kijal, Kemaman, Terengganu Darul Iman
    Outcome of Meeting
    The Board of Directors of HRB wishes to announce that all the resolutions as set out in the Notice of AGM ("Notice") dated 7 May 2013 contained in the Annual Report for the year 2012 tabled at the 5th AGM held on Thursday, 30 May 2013 were unanimously passed by the shareholders present.
    This annoucement is dated 30 May 2013


    MJPERAK - Quarterly rpt on consolidated results for the financial period ended 31/3/2013

    Announcement Type: Financial Results
    Company NameMAJUPERAK HOLDINGS BERHAD  
    Stock Name MJPERAK  
    Date Announced30 May 2013  
    CategoryFinancial Results
    Reference NoMH-130530-29224

    Financial Year End31/12/2013
    Quarter1
    Quarterly report for the financial period ended31/03/2013
    The figureshave not been audited
    • Default Currency
    • Other Currency

    Currency: Malaysian Ringgit (MYR)

    SUMMARY OF KEY FINANCIAL INFORMATION
    31/03/2013

     
    INDIVIDUAL PERIOD
    CUMULATIVE PERIOD
    CURRENT YEAR QUARTER
    PRECEDING YEAR
    CORRESPONDING
    QUARTER
    CURRENT YEAR TO DATE
    PRECEDING YEAR
    CORRESPONDING
    PERIOD
    31/03/2013
    31/03/2012
    31/03/2013
    31/03/2012
    $$'000
    $$'000
    $$'000
    $$'000
    1Revenue
    4,267
    14,851
    4,267
    14,851
    2Profit/(loss) before tax
    112
    8,082
    112
    8,082
    3Profit/(loss) for the period
    38
    5,863
    38
    5,863
    4Profit/(loss) attributable to ordinary equity holders of the parent
    33
    5,863
    33
    5,863
    5Basic earnings/(loss) per share (Subunit)
    -0.24
    3.14
    -0.24
    3.14
    6Proposed/Declared dividend per share (Subunit)
    0.00
    0.00
    0.00
    0.00


    AS AT END OF CURRENT QUARTER
    AS AT PRECEDING FINANCIAL YEAR END
    7
    Net assets per share attributable to ordinary equity holders of the parent ($$)
    1.2000
    1.2100
    Definition of Subunit:

    In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
    Example for the subunit as follows:

    CountryBase UnitSubunit
    MalaysiaRinggitSen
    United StatesDollarCent
    United KingdomPoundPence


    SINOTOP - Annual Report 2012

    Announcement Type: Document Receipt
    Company NameSINOTOP HOLDINGS BERHAD  
    Stock Name SINOTOP  
    Date Announced30 May 2013  
    CategoryDocument Receipt
    Reference NoJM-130530-43289

    Annual Report for Financial Year Ended31/12/2012
    SubjectAnnual Report 2012

    Attachments

    SINOTOP-AnnualReport2012.pdf
    1077 KB






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

    Announcement Type: General Announcement
    Company NameFITTERS DIVERSIFIED BERHAD  
    Stock Name FITTERS  
    Date Announced30 May 2013  
    CategoryGeneral Announcement
    Reference NoCC-130530-29834

    TypeAnnouncement
    SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
    NON RELATED PARTY TRANSACTIONS
    DescriptionFITTERS DIVERSIFIED BERHAD ("FITTERS" OR "THE COMPANY")
    - DISPOSAL OF THE COMPANY’S 100% EQUITY INTEREST IN SOLID ORIENT HOLDINGS SDN. BHD. TO FUTURE NRG SDN. BHD.
    The Board of Directors of FITTERS wishes to announce that the Company has on 21 May 2013 disposed of the entire 10,500,000 ordinary shares of RM1.00 each (“Sale Shares”) representing 100% equity interest in Solid Orient Holdings Sdn. Bhd. (“Solid Orient”) to Future NRG Sdn. Bhd. (“Future NRG”) for a total cash consideration of RM10,500,000 (“Disposal of Solid Orient”). Following the disposal, Solid Orient will become a wholly-owned subsidiary of Future FNRG, which in turn is a wholly-owned subsidiary of FITTERS.
    Future NRG is principally involved in renewable energy development. The business activity of Solid Orient is oil palm processing.

    The Disposal of Solid Orient will not have any significant effect on the earnings per share or net assets per share of the FITTERS Group for the financial year ending 31 December 2013.

    The Disposal of Solid Orient is not subject to the approval of the shareholders of FITTERS.

    Save for Dato’ Wong Swee Yee, who is a Director and major shareholder of the Company and also a Director of Solid Orient and Future NRG, none of the Directors or persons connected to the Directors and/or major shareholders of FITTERS has any interest, direct or indirect, in the Disposal of Solid Orient.

    The highest percentage ratio applicable to the Disposal of Solid Orient pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 6.6%.

    The letter from Inland Revenue Board for stamp duty exemption was received on 29 May 2013.

    This announcement is dated 30 May 2013.


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