June 10, 2013

Company announcements: GPRO, PERISAI, GPACKET, SOLUTN, VITROX, SMRTECH, ASIABIO, AMBANK, CIMB, PJDEV

GPRO - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameGPRO TECHNOLOGIES BERHAD (ACE Market) 
Stock Name GPRO  
Date Announced10 Jun 2013  
CategoryGeneral Announcement
Reference NoMM-130610-49674

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionGPRO TECHNOLOGIES BERHAD (“GPRO” OR “COMPANY”)

(I) PROPOSED PAR VALUE REDUCTION;
(II) PROPOSED SHARE PREMIUM REDUCTION;
(III) PROPOSED M&A AMENDMENTS; AND
(IV) PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

(For consistency, all the abbreviations used throughout this announcement shall have the same meanings as defined in the previous announcements in relation to the Proposals, where applicable, unless stated otherwise or defined herein)

Reference is made to the announcements dated 14 February 2013, 29 March 2013, 26 April 2013 and 30 April 2013 in relation to the Proposals.

On behalf of the Board of Directors of GPRO, Public Investment Bank Berhad (“PIVB”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 3 June 2013, which we have received on 10 June 2013, approved the listing of and quotation for up to 25,399,410 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

(a) GPRO and PIVB must fully comply with the relevant provisions under the ACE Market Listing Requirements of Bursa Securities (“Listing Requirements”) pertaining to the implementation of the Proposed Private Placement;

(b) GPRO and PIVB to inform Bursa Securities upon the completion of the Proposed Private Placement;

(c) GPRO to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed; and

(d) GPRO to furnish Bursa Securities with details of the placees as per Rule 6.16 of the Listing Requirements, prior to the issuance/allotment of shares to the placees, together with a confirmation that the placees do not fall within any of the category of persons specified in Rule 6.05(c) of the Listing Requirements.

This announcement is dated 10 June 2013.



PERISAI - 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 NamePERISAI PETROLEUM TEKNOLOGI BHD  
Stock Name PERISAI  
Date Announced10 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130610-E6521

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 RM0.10 EACH
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
-EMPLOYEES PROVIDENT FD BD (NOMURA)
LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/06/2013
1,790,000
 

Circumstances by reason of which change has occurredACQUIRED VIA OPEN MARKET
Nature of interestDIRECT
Direct (units)56,735,900 
Direct (%)6.06 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change56,735,900
Date of notice06/06/2013

Remarks :
The percentage of shareholding excludes 400,000 shares bought-back by the Company and retained as treasury shares.


GPACKET - OTHERS NOTICE OF TWELFTH ANNUAL GENERAL MEETING (12TH AGM) ADDITIONAL INFORMATION

Announcement Type: General Announcement
Company NameGREEN PACKET BERHAD  
Stock Name GPACKET  
Date Announced10 Jun 2013  
CategoryGeneral Announcement
Reference NoGP-130610-35254

TypeAnnouncement
SubjectOTHERS
DescriptionNOTICE OF TWELFTH ANNUAL GENERAL MEETING (12TH AGM)
ADDITIONAL INFORMATION

GREEN PACKET BERHAD (“GPB” OR “COMPANY”)

Reference is made to the Company’s announcement made on 30 May 2013 in relation to the Notice of 12th Annual General Meeting. 

GPB wishes to announce the following additional information (underlined in blue) for public release in regards to the Explanatory Notes on Special Business for Resolution 8:

 

2. The Resolution 8, if passed, will empower the Directors of the Company to issue shares up to 10% of the total issued share capital (excluding treasury shares) of the Company at the time of such issuance of shares and for such purposes as they consider would be in the best interest of the Company without having to convene separate general meetings.

 

 The purpose of this general mandate will provide flexibility to the Company for any possible fund raising activities, including but not limited to placement of shares, funding future investment project(s), working capital and/or acquisitions.

 

 This authority, unless revoked or varied at a general meeting, will expire at the conclusion of the next Annual General Meeting of the Company. During the financial year, the Company has issued 32,652,280 new ordinary shares of RM0.20 each pursuant to the Private Placement. The total amount raised was RM16,326,140 and it was utilised exclusively for working capital of the Group. The said amount has been completely utilised.

 

(This sentence is also disclosed in page 43 of the Annual Report 2012).

 

 This announcement is dated 10 June 2013.

 

 

 


SOLUTN - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameSOLUTION ENGINEERING HOLDINGS BERHAD (ACE Market) 
Stock Name SOLUTN  
Date Announced10 Jun 2013  
CategoryGeneral Announcement
Reference NoOS-130610-41250

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionSOLUTION ENGINEERING HOLDINGS BERHAD (“SEHB” OR “THE COMPANY”)

PRIVATE PLACEMENT OF UP TO 16,860,000 NEW ORDINARY SHARES OF RM0.10 EACH IN SEHB, REPRESENTING APPROXIMATELY TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SEHB TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED (“PRIVATE PLACEMENT”)

Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 28 May 2013.

 

Reference is made to the announcements dated 28 May 2013 and 6 June 2013 in relation to the above matter. On behalf of the Board of Directors of SEHB, M&A Securities Sdn Bhd is pleased to announce that the Company has fixed the issue price of the Private Placement at RM0.235 per Placement Share.

 

The aforementioned issue price of RM0.235 per Placement Share represents a discount of approximately RM0.025 or 9.62% from the five (5)-day weighted average market price of SEHB Share from 3 June 2013 to 7 June 2013 (being the market day preceding to the date of this announcement) of approximately RM0.260 per share.

 

This announcement is dated 10 June 2013.

 



VITROX - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameVITROX CORPORATION BERHAD  
Stock Name VITROX  
Date Announced10 Jun 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCA-130605-4F390

Date of buy back10/06/2013
Description of shares purchasedOrdinary Share of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)5,000
Minimum price paid for each share purchased ($$)0.760
Maximum price paid for each share purchased ($$)0.780
Total consideration paid ($$)3,895.16
Number of shares purchased retained in treasury (units)5,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)1,245,300
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 (%)0.54

Remarks :
The total amount paid for the shares purchased is inclusive of brokerage, clearing house fee and stamp duty.


SMRTECH - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameSMR TECHNOLOGIES BERHAD (ACE Market) 
Stock Name SMRTECH  
Date Announced10 Jun 2013  
CategoryGeneral Meetings
Reference NoMI-130610-62310

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionPROPOSED ACQUISITION BY SMR EDUCATION SDN BHD (“SMRE”), A WHOLLY-OWNED SUBSIDIARY OF SMR TECHNOLOGIES BERHAD (“SMRT”), OF 7,750,371 ORDINARY SHARES OF RM1.00 EACH IN IN-FUSION EDUCATION SDN BHD (“IESB”), REPRESENTING APPROXIMATELY 70% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF IESB, FROM IN-FUSION SOLUTIONS SDN BHD (“ISSB”) FOR A PURCHASE CONSIDERATION OF RM27,448,758.58 TO BE SATISFIED VIA A COMBINATION OF CASH AND NOVATION OF DEBT BY ISSB TO SMRE WHICH WOULD RESULT IN A DIVERSIFICATION IN THE OPERATIONS OF SMRT AND ITS SUBSIDIARIES INTO THE PROVISION OF TERTIARY EDUCATION IN MEDICAL SCIENCES
Date of Meeting26/06/2013
Time10:00 AM
VenueParkroyal Kuala Lumpur, Plaza 2, Lower Level, Jalan Sultan Ismail, 50250 Kuala Lumpur
Date of General Meeting Record of Depositors20/06/2013


ASIABIO - OTHERS ASIA BIOENERGY TECHNOLOGIES BERHAD (“ASIABIO” OR THE “COMPANY”) MEMORANDUM OF INTENT BETWEEN THE COMPANY, OMNI VENTURES GLOBAL LTD AND HUNAN CHINA POST MEDIA LIMITED (“CPM”) FOR COLLABORATION AND INVESTMENT INTO CPM

Announcement Type: General Announcement
Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO  
Date Announced10 Jun 2013  
CategoryGeneral Announcement
Reference NoCC-130610-799C3

TypeAnnouncement
SubjectOTHERS
DescriptionASIA BIOENERGY TECHNOLOGIES BERHAD (“ASIABIO” OR THE “COMPANY”)
MEMORANDUM OF INTENT BETWEEN THE COMPANY, OMNI VENTURES GLOBAL LTD AND HUNAN CHINA POST MEDIA LIMITED (“CPM”) FOR COLLABORATION AND INVESTMENT INTO CPM

The Board of Directors of the Company wishes to announce that the Company has on 10 June 2013, entered into a Memorandum of Intent with Omni Ventures Global Ltd (“OVG”) and Hunan China Post Media Limited (“CPM”) to set out of the terms of their collaboration in the launch of interactive media platform using CPM’s rights within the perimeters of the memorandum (hereinafter referred to as “the Project”).

OVG is an investment company incorporated in British Virgin Island and specializes in marketing and promotions in Hong Kong and China whereas CPM is an indirect associated company of China Post, the national post agency in China.

CPM holds the rights to install, own and operate in-store digital network that provides point of sale advertising platform at China Post’s outlets throughout China for ten (10) years (“Media Rights”) and has to date rolled out installation at some 3,000 outlets in certain districts in China. CPM also intends to rollout interactive kiosks operate along side with the existing passive in-store digital media platform that provides video advertising services, the expansion is to enable an interactive media platform that is able to provide additional services (“Expansion Plans”).

CPM intends to restructure via a holding company (“HoldCo”) to be incorporated offshore with the intention to raise further funding of an estimated sum of USD10 million for its expansion into other districts in China, with an ultimate intention of seeking a listing on a recognized stock exchange.

The salient terms of the Memorandum of Intent are as follows:-

• OVG shall provide its expertise, contacts and know-how in the Expansion Plans.
• OVG and AsiaBio to secure the required funding of USD10 million either by way of direct investment or acquisition from certain shareholders or other means mutually agreeable.
• CPM shall allow Omni and/or AsiaBio access to any material or parties necessary to conduct an operational and financial due-diligence.
• CPM shall detail out the proposed utilization of the funds required estimated at USD10 million.
• Via a legal due diligence to be performed, CPM shall prove to OVG and AsiaBio that their existing Media Rights also cover China Post’s kiosks outlets and installation of the interactive platform as aforementioned, unless otherwise waived mutually.

The Memorandum of Intent shall take effect on the date of its execution and shall be valid for a period of six (6) months. In the initial three (3) months, the parties shall negotiate with each other on an exclusive basis and with first right for the balance three (3) months, within which the parties shall endeavor to execute a definitive investment and shareholders’ agreement based on this Memorandum of Intent.

This announcement is dated 10 June 2013.



AMBANK - OTHERS AMMB Holdings Berhad - Transfer of the business of MBF Cards (M’sia) Sdn Bhd to AmBank (M) Berhad

Announcement Type: General Announcement
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced10 Jun 2013  
CategoryGeneral Announcement
Reference NoAH-130610-66515

TypeAnnouncement
SubjectOTHERS
DescriptionAMMB Holdings Berhad
- Transfer of the business of MBF Cards (M’sia) Sdn Bhd to AmBank (M) Berhad

Following the completion of the acquisition of 100% equity interest in MBF Cards (M’sia) Sdn Bhd (“MBF Cards”) on 3 December 2012, AMMB Holdings Berhad (“AMMB”) has embarked on the integration of the credit card business of MBF Cards with its wholly-owned subsidiary AmBank (M) Berhad (“AmBank”). The integration of the business will involve the transfer of the credit card related business of MBF Cards to AmBank pursuant to a Scheme of Arrangement under the Companies Act, 1965.

We wish to announce that MBF Cards has obtained its creditors’ approval for the Scheme of Arrangement at the creditors’ meeting held on 10 June 2013. The Scheme of Arrangement is conditional upon the approval and sanction of the High Court.

This announcement is dated 10 June 2013.



CIMB - 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 NameCIMB GROUP HOLDINGS BERHAD  
Stock Name CIMB  
Date Announced10 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCG-130610-58007

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 ("Citigroup") - Employees Provident Fund Board
Citigroup - Employees Provident Fund Board (AMUNDI)
Citigroup - Employees Provident Fund Board (KIB)
Citigroup - Employees Provident Fund Board (HDBS)
Citigroup - Employees Provident Fund Board (RHB INV)
Citigroup - Employees Provident Fund Board (AM INV)
Citigroup - Employees Provident Fund Board (MAYBAN)
Citigroup - Employees Provident Fund Board (ALLIANCE)
Citigroup - Employees Provident Fund Board (NOMURA)
Citigroup - Employees Provident Fund Board (PHEIM)
Citigroup - Employees Provident Fund Board (CIMB PRI)
Citigroup - Employees Provident Fund Board (ARIM)
Citigroup - Employees Provident Fund Board (TEMPLETON)
Citigroup - Employees Provident Fund Board (ABERDEEN)

- Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/06/2013
7,495,300
 
Acquired05/06/2013
700,000
 
Acquired05/06/2013
780,000
 

Circumstances by reason of which change has occurred- Citigroup - EPF Board - Acquisition of 7,495,300 shares
- Citigroup - EPF Board (KIB) - Acquisition of 700,000 shares
- Citigroup - EPF Board (NOMURA) - Acquisition of 780,000 shares
Nature of interestDirect
Direct (units)923,811,032 
Direct (%)12.13 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change923,811,032
Date of notice06/06/2013

Remarks :
Notice received on 10 June 2013.

c.c. Securities Commission.


PJDEV - Changes in Director's Interest (S135) - Yap Yoon Kong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NamePJ DEVELOPMENT HOLDINGS BERHAD  
Stock Name PJDEV  
Date Announced10 Jun 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoPD-130607-43736

Information Compiled By KLSE

Particulars of Director

NameYap Yoon Kong
Address22 Jalan Desa Residen 3
Levenue
Desa Parkcity
52200 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
06/06/2013
30,000
 
Acquired
07/06/2013
14,200
 

Circumstances by reason of which change has occurredAcquisition in the open market by virtue of shares held through family member.
Nature of interestDeemed Interest.
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)814,200 
Indirect/deemed interest (%)0.18 
Date of notice10/06/2013


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