June 11, 2013

Company announcements: INGENCO, MTOUCHE, FRONTKN, FBMKLCI-EA, MAA, AFG

INGENCO - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameINGENUITY CONSOLIDATED BERHAD (ACE Market) 
Stock Name INGENCO  
Date Announced11 Jun 2013  
CategoryGeneral Announcement
Reference NoCC-130610-05928

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Rule 14.09(a) of Chapter 14 of the Listing Requirements of Bursa Malaysia Securities Berhad for ACE Market, this is to notify that the Company has received notification from the Director, Mr Chin Boon Long in relation to his disposal of the Company's shares outside closed period as stated below:-

1) Date of dealing - 06.06.2013 and 11.06.2013

2) No. of ordinary shares of RM0.10 each disposed - 10,000,000 shares (direct interest) and 15,645,000 shares (indirect interest)

3) No. of ordinary shares of RM0.10 each acquired - 8,000,000 shares (direct interest)

4) % of issued share capital - 1.41% (10,000,000 shares), 2.20% (15,645,000 shares) and 1.06% (8,000,000 shares)

5) Transaction - Open market

6) Consideration per share - RM0.10 each (25,645,000 shares) and RM0.095 (8,000,000 shares)



This announcement is dated 11th June 2013.



INGENCO - Changes in Director's Interest (S135) - CHIN BOON LONG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameINGENUITY CONSOLIDATED BERHAD (ACE Market) 
Stock Name INGENCO  
Date Announced11 Jun 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130607-00C97

Information Compiled By KLSE

Particulars of Director

NameCHIN BOON LONG
AddressNo. 5, Jalan SL 8/11, Bandar Sungai Long, 43200 Selangor Darul Ehsan.
Descriptions(Class & nominal value)Ordinary shares of 10 Sen each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
06/06/2013
10,000,000
0.100 
Disposed
06/06/2013
15,645,000
0.100 
Acquired
11/06/2013
8,000,000
0.095 

Circumstances by reason of which change has occurredDisposed and acquired via Open Market.
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)66,800,732 
Direct (%)8.86 
Indirect/deemed interest (units)87,971,924 
Indirect/deemed interest (%)11.67 
Date of notice11/06/2013

Remarks :
1) 87,971,924 shares (11.67%) - Deemed interest via his spouse (Chan Swee Ying) and his equity interests in Firstwide Success Sdn Bhd.

2) This announcement is served pursuant to Rule 14.09 of Chapter 14 of the ACE Market Listing Requirements, trading outside closed period.


INGENCO - Changes in Sub. S-hldr's Int. (29B) - CHAN SWEE YING

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINGENUITY CONSOLIDATED BERHAD (ACE Market) 
Stock Name INGENCO  
Date Announced11 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130607-F1834

Particulars of substantial Securities Holder

NameCHAN SWEE YING
AddressNo. 5, Jalan SL 8/11, Bandar Sungai Long, 43200 Selangor Darul Ehsan.
NRIC/Passport No/Company No.720707-08-5024
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Share of 10 Sen each
Name & address of registered holderFirstwide Success Sdn. Bhd.
28 Ground Floor, Persiaran Jubilee, Off Jalan Loke Yew, 55200 Kuala Lumpur.

Chin Boon Long
No. 5, Jalan SL 8/11, Bandar Sungai Long, 43200 Selangor Darul Ehsan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed06/06/2013
10,000,000
0.100 
Disposed06/06/2013
15,645,000
0.100 
Acquired11/06/2013
8,000,000
0.095 

Circumstances by reason of which change has occurredOpen Market (Deemed interest)
Nature of interestIndirect interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)154,772,656 
Indirect/deemed interest (%)20.53 
Total no of securities after change154,772,656
Date of notice11/06/2013

Remarks :
87,971,924 shares (11.67%)- Deemed interest via her spouse, Mr Chin Boon Long and her equity interests in Firstwide Success Sdn. Bhd.

66,800,732 shares (8.86%) - Deemed interest via her spouse's interest in Ingenuity Consolidated Berhad.


INGENCO - Changes in Sub. S-hldr's Int. (29B) - CHIN BOON LONG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINGENUITY CONSOLIDATED BERHAD (ACE Market) 
Stock Name INGENCO  
Date Announced11 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130607-E64A7

Particulars of substantial Securities Holder

NameCHIN BOON LONG
AddressNo. 5, Jalan SL 8/11, Bandar Sungai Long, 43200 Selangor Darul Ehsan.
NRIC/Passport No/Company No.680709-01-5149
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of 10 Sen each
Name & address of registered holderCHIN BOON LONG
No. 5, Jalan SL 8/11, Bandar Sungai Long, 43200 Selangor Darul Ehsan.

Firstwide Success Sdn Bhd
28, Ground Floor, Persiaran Jubilee, Off Jalan Loke Yew, 55200 Kuala Lumpur.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed06/06/2013
10,000,000
0.100 
Disposed06/06/2013
15,645,000
0.100 
Acquired11/06/2013
8,000,000
0.095 

Circumstances by reason of which change has occurredDisposed and acquired via Open Market
Nature of interestDirect
Direct (units)66,800,732 
Direct (%)8.86 
Indirect/deemed interest (units)87,971,924 
Indirect/deemed interest (%)11.67 
Total no of securities after change154,772,656
Date of notice11/06/2013

Remarks :
87,971,924 shares (11.67%) - Deemed interest via his spouse (Chan Swee Ying) and his equity interests in Firstwide Success Sdn Bhd.


INGENCO - Changes in Sub. S-hldr's Int. (29B) - FIRSTWIDE SUCCESS SDN. BHD.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINGENUITY CONSOLIDATED BERHAD (ACE Market) 
Stock Name INGENCO  
Date Announced11 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130607-5CB8B

Particulars of substantial Securities Holder

NameFIRSTWIDE SUCCESS SDN. BHD.
AddressOBM Corporate Services Sdn. Bhd., 28, Ground Floor, Persiaran Jubilee, Off Jalan Loke Yew, 55200 Kuala Lumpur.
NRIC/Passport No/Company No.901661-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of 10 Sen each
Name & address of registered holderJF Apex Nominees (Tempatan) Sdn. Bhd.
6th Floor, Menara Apex
Off Jalan Semenyih Bukit Mewah
43300 Kajang
Selangor Darul Ehsan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed06/06/2013
10,000,000
0.100 
Disposed06/06/2013
5,645,000
0.100 

Circumstances by reason of which change has occurredDisposed Shares via Open Market
Nature of interestDirect
Direct (units)87,971,924 
Direct (%)11.67 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change87,971,924
Date of notice07/06/2013

Remarks :
The Company received the Form 29B on 11th June 2013.


MTOUCHE - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameMTOUCHE TECHNOLOGY BERHAD (ACE Market) 
Stock Name MTOUCHE  
Date Announced11 Jun 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCA-130611-62497

Date of buy back11/06/2013
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)183,900
Minimum price paid for each share purchased ($$)0.245
Maximum price paid for each share purchased ($$)0.250
Total consideration paid ($$)46,236.63
Number of shares purchased retained in treasury (units)183,900
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)11,161,500
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 (%)4.82


FRONTKN - OTHERS FRONTKEN CORPORATION BERHAD (“FCB” or “the Company”) - FINANCIAL IRREGULARITIES

Announcement Type: General Announcement
Company NameFRONTKEN CORPORATION BERHAD  
Stock Name FRONTKN  
Date Announced11 Jun 2013  
CategoryGeneral Announcement
Reference NoCP-130604-34227

TypeAnnouncement
SubjectOTHERS
DescriptionFRONTKEN CORPORATION BERHAD (“FCB” or “the Company”)
- FINANCIAL IRREGULARITIES

Further to the Company’s announcement dated 27 February 2013, the Board of the Directors of FCB wishes to inform that the Company has appointed Messrs Ranjit Singh &Yeoh as its legal advisers to review and advise FCB on the legal recourse available to FCB.

Messrs Crowe Horwath, the Special Investigative Auditors have also issued an Expanded and Revised Investigative Audit Report on 3 June 2013.

The Company has on 11 June 2013 lodged a police report at the Police Headquarters, Commercial Crime Investigation Department at Bukit Aman on the alleged financial irregularities.

This announcement is dated 11 June 2013



FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameFTSE BURSA MALAYSIA KLCI ETF  
Stock Name FBMKLCI-EA  
Date Announced11 Jun 2013  
CategoryGeneral Announcement
Reference NoFB-130611-BECB6

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 11 June 2013

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.8273
Units in circulation (units): 1,672,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,779.57

Attachments

FBM KLCI etf 20130611.xls
32 KB



MAA - PRACTICE NOTE 17 / GUIDANCE NOTE 3:OTHERS

Announcement Type: General Announcement
Company NameMAA GROUP BERHAD  
Stock Name MAA  
Date Announced11 Jun 2013  
CategoryGeneral Announcement
Reference NoOS-130611-62189

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
DescriptionMAA GROUP BERHAD (“MAAG” OR THE “COMPANY”)

APPLICATION FOR AN EXTENSION OF TIME TO COMPLY WITH PARAGRAPH 8.04(3) AND PRACTICE NOTE 17 (“PN17”) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING REQUIREMENTS")

We refer to the Company’s announcement dated 7 June 2013 (“Announcement”) in relation to the application for an extension of time to comply with Paragraph 8.04(3) and PN17 of the Listing Requirements (“Application”).

Further to the Announcement, on behalf of the Board of Directors of MAAG (“Board”), TA Securities Holdings Berhad wishes to announce the following justifications, inter-alia, which have been considered by the Board for the submission of the Application:-

(a) The release of the balance cash proceeds (“Balance Cash Proceeds”) by Zurich Insurance Company Ltd (“Zurich”) arising from the disposal of the entire equity interest held in Malaysian Assurance Alliance Berhad, Multioto Services Sdn Bhd, Malaysian Alliance Property Services Sdn Bhd and MAAGNET Systems Sdn Bhd (“MAAGNET”) (including MAAGNET-SSMS Sdn Bhd, a wholly-owned subsidiary of MAAGNET) to Zurich (“Disposal”) which shall only be released on 30 September 2013 in accordance with the terms of the escrow agreement dated 28 September 2011 entered into between Zurich and MAAG (“Escrow Agreement”). As at 30 April 2013, there is a balance of RM131.7 million in an interest bearing escrow account (including interest earned on the escrow account but excluding quarterly releases of RM18 million up to 30 April 2013) operated jointly by both Zurich and MAAG.

(b) Subsequent to the application of MAAG dated 28 September 2012 in relation for an extension of time to comply with Paragraph 8.04(3) and PN17 of the Listing Requirements, MAAG and its subsidiaries (collectively known as the “Group”) has achieved a significant milestone in the implementation of its internal restructuring and expansion plan (“Plan”). The Plan, such as cost control measures, cessation of non-core financial service businesses namely Menang Bernas Sdn Bhd and Chelsea Parking Services Sdn Bhd and sale of underperforming subsidiaries namely Wira Security Services Sdn Bhd and PT MAA Life Assurance, has been largely completed save and except for the sale of under-performing and loss-making operating subsidiary company namely PT MAA General Assurance (“PT MAA General”). MAAG is currently pursuing the disposal of/dissolution of PT MAA General which is deemed a loss-making subsidiary to the Group.

(c) In view that the Balance Cash Proceeds shall only be released on 30 September 2013 in accordance with the terms of the Escrow Agreement, MAAG is currently not in a position to undertake any capital repayment/distribution nor can MAAG offer an exit plan to its shareholders prior to the receipt of the Balance Cash Proceeds. The Balance Cash Proceeds will be released from the escrow account tentatively on 30 September 2013 should there be no claim for breach of warranties and representations from Zurich. In addition, the extension of time allows MAAG to seek for potential acquisitions subsequent to the receipt of the Balance Cash Proceeds.

(d) Pursuant to Section 5 of the Islamic Financial Services Act, 2013 (“IFSA”) which has been enacted but pending implementation, the existing composite license of MAA Takaful Berhad (“MAAT”) will have to be separated into two (2) capitalised legal entities i.e life insurance (family takaful) and general insurance. It has been reported that the minimum capital for each company will be RM100 million. In this regard, part of the Balance Cash Proceeds will be earmarked to meet the additional capitalisation for MAAT.

In addition, Section 126 of the IFSA restricts MAAG’s activities as the holding company of MAAT, to the financial services sector. In this regard, any acquisition that may be undertaken by MAAG is now restricted only to the financial services industry. In view of this restriction, the Board is re-evaluating its financial position vis- -vis the Group’s business plans and operational requirements, and to ensure compliance with the IFSA.

This announcement is dated 11 June 2013.



AFG - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):ESOS

Announcement Type: General Announcement
Company NameALLIANCE FINANCIAL GROUP BERHAD  
Stock Name AFG  
Date Announced11 Jun 2013  
CategoryGeneral Announcement
Reference NoMM-130611-59418

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
DescriptionALLIANCE FINANCIAL GROUP BERHAD (“AFG” OR THE “COMPANY”)
PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN (“PROPOSED LTIP”)

We refer to the Company’s announcement dated 30 April 2013 (“Announcement”) in relation to the Proposed LTIP. Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the Announcement.

On behalf of the Board of Directors of AFG, Alliance Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, via its letter dated 10 June 2013, approved the listing of and quotation for the new Shares, if any, to be issued pursuant to the Proposed LTIP.

This announcement is dated 11 June 2013.



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