June 6, 2013

Company announcements: INGENCO, MTRONIC, PERISAI, KARYON, JOBST, MEXTER, N2N, MMSV, ETITECH

INGENCO - Notice of Person Ceasing (29C) - DATUK YEE KONG FATT

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameINGENUITY CONSOLIDATED BERHAD (ACE Market) 
Stock Name INGENCO  
Date Announced6 Jun 2013  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCC-130605-39300

Particulars of substantial Securities Holder

NameDATUK YEE KONG FATT
Address51, Jalan Bayu 5, Bukit Gita Bayu, 43300 Seri Kembangan Selangor Darul Ehsan.
NRIC/Passport No/Company No.600515-04-5275
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of 10 Sen each
Date of cessation29/05/2013
Name & address of registered holderJF APEX NOMINEES (TEMPATAN) SDN. BHD.
6th Floor, Menara Apex, Off Jalan Semenyih Bukit Mewah 43000 Kajang, Selangor Darul Ehsan.
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed16,000,000 
Price Transacted ($$)0.130 
Circumstances by reason of which a person ceases to be a substantial securities HolderDisposed via open market
Nature of interestDirect
Date of notice05/06/2013

Remarks :
The Company received the Form 29C on 6th June 2013.


MTRONIC - Changes in Director's Interest (S135) - Tan Kian Hong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMETRONIC GLOBAL BERHAD  
Stock Name MTRONIC  
Date Announced6 Jun 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130606-05220

Information Compiled By KLSE

Particulars of Director

NameTan Kian Hong
Address270 Jalan Impian Gemilang 3/8, Persiaran Impian Gemilang, Saujana Impian, 43000 Kajang, 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)
Acquired
06/06/2013
5,500,000
0.110 

Circumstances by reason of which change has occurredAcquisition of shares via off market transaction
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)19,905,400 
Direct (%)3.14 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice06/06/2013


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

Announcement Type: General Announcement
Company NameMETRONIC GLOBAL BERHAD  
Stock Name MTRONIC  
Date Announced6 Jun 2013  
CategoryGeneral Announcement
Reference NoCC-130606-F0D6B

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we set out below details of the dealing in the Company's securities by a Director.

Name of Director: Tan Kian Hong

Date of Dealing

Number of Shares

Price per Share (RM)

Percentage (%)

Transaction
06.06.2013

5,500,000

0.11

0.866

Acquisition of shares via off market transaction

This announcement is dated 6 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 Announced6 Jun 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130606-6F3F4

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 (CIMB PRI)
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)
Disposed03/06/2013
404,100
 

Circumstances by reason of which change has occurredDISPOSED VIA OPEN MARKET
Nature of interestDIRECT
Direct (units)54,035,900 
Direct (%)5.77 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change54,035,900
Date of notice04/06/2013

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


KARYON - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameKARYON INDUSTRIES BERHAD (ACE Market) 
Stock Name KARYON  
Date Announced6 Jun 2013  
CategoryGeneral Announcement
Reference NoCJ-130606-48344

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionKARYON INDUSTRIES BERHAD (“KIB”)
WRIT OF SUMMONS AND STATEMENT OF CLAIM BY ALLBRIGHT INDUSTRIES (M) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF KIB AGAINST TAN TUAN YANG AND HING SIEW CHAN T/A JTTY ENTERPRISE (“DEFENDANTS”)
We refer to our announcements made on 16 May 2013, 17 May 2013 and 21 May 2013.
KIB wishes to announce that we have received the sealed Judgment in Default against the Defendants for the judgment sum of RM53,000-00 from the Court on 4 June 2013 and a sealed copy of the Judgment shall be served to the Defendants.

Further development of the above matter will be announced to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 6 June 2013.


JOBST - JOBST-Employees' Share Option Scheme ("Scheme")

Announcement Type: Listing Circular
Company NameJOBSTREET CORPORATION BERHAD  
Stock Name JOBST  
Date Announced6 Jun 2013  
CategoryListing Circular
Reference NoSM-130606-40202

LISTING'S CIRCULAR NO. L/Q : 68047 OF 2013

Kindly be advised that the abovementioned Company’s additional 1,370,180 new ordinary shares of RM0.20 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Monday, 10 June 2013.


MEXTER - Annual Report 2012

Announcement Type: Document Receipt
Company NameMEXTER TECHNOLOGY BERHAD (ACE Market) 
Stock Name MEXTER  
Date Announced6 Jun 2013  
CategoryDocument Receipt
Reference NoGR-130606-61573

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

Attachments

MEXTER-AnnualReport2012.pdf
593 KB






N2N - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced6 Jun 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-130606-304D9

Date of buy back06/06/2013
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)16,000
Minimum price paid for each share purchased ($$)0.415
Maximum price paid for each share purchased ($$)0.420
Total consideration paid ($$)6,657.00
Number of shares purchased retained in treasury (units)16,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)2,864,600
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 (%)0.9555


MMSV - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameMMS VENTURES BERHAD (ACE Market) 
Stock Name MMSV  
Date Announced6 Jun 2013  
CategoryPDF Submission
Reference NoMV-130606-62513

SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO THE

PART 1: PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

PART II: PROPOSED AMENDMENTS TO THE EXISTING ARTICLES OF ASSOCIATION OF THE COMPANY

Attachments

MMSV CIRCULAR 2012.pdf
120 KB






ETITECH - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced6 Jun 2013  
CategoryGeneral Announcement
Reference NoCC-130606-58377

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionETI TECH CORPORATION BERHAD (“Etitech” or “the Company”)
Writ of Summons and Statement of Claims filed by Hong Leong Bank Berhad (“HLB” or “the Plaintiff”) VS ETI Tech (M) Sdn Bhd (1st Defendant) and
the Company (2nd Defendant)
The Board of Directors of Etitech wishes to announce that ETI Tech (M) Sdn Bhd (“ETI-M”), a wholly-owned subsidiary of Etitech and the Company as Corporate Guarantor, had on 05 June 2013 been served with the following Writs of Summons and Statement of Claims issued by Alor Setar High Court in relation to the claims filed by HLB through a firm of lawyers acting on behalf of the Plaintiff :
1) Writ of Summons dated 15 May 2013 and Statement of Claim dated 10 May 2013
2) Writ of Summons dated 21 May 2013 and Statement of Claim dated 17 May 2013

The Alor Setar High Court had fixed the matter for Case Management on 19 June 2013.

Particulars of claim and circumstances leading to filing of the Writ of Summons dated 15 May 2013

The Plaintiff seeks against ETI-M and the Company for the following :

1) RM1,047,922.25 being the overdraft facility amount owing by ETI-M as at 16 April 2013 together with interest accruing thereon at the rate of 3.5% per annum above BLR, on daily rests from 17 April 2013 until the date of full payment;
2) RM6,256,808.96 being the trade facilities amount owing by ETI-M as at 16 April 2013 together with interest accruing thereon at the rate of 3.5% per annum above BLR, on daily rests from 17 April 2013 until the date of full payment;
3) Costs on a solicitors and client basis; and
4) Such further and/or other relief as the Court deems fit.

According to the Statement of Claim, HLB had through a firm of lawyers acting on its behalf issued letters dated 17 April 2013 to ETI-M recalling the facilities and demanding payments of all sums due and owing and another letters dated 17 April 2013 to the Company demanding the payment of the outstanding sums due and owing under the facilities. HLB filed the Writ of Summons with Alor Setar High Court as ETI-M and the Company have failed to pay the outstanding sums demanded.

Particulars of claim and circumstances leading to filing of the Writ of Summons dated 21 May 2013

The Plaintiff seeks against ETI-M and the Company for the following :

1) The following industrial hire purchase facilities amount owing by ETI-M as at 28 March 2013 together with interest thereon on principal sum owing at a rate calculated on a daily basis from 29 March 2013 to date of full settlement :

Principal Sum Owing (RM)
Amount Due
(RM)
Rate
1.
1,027,990.30
1,030,790.24
8.8583%
2.
1,575,051.96
1,579,341.84
8.8583%
3.
272,114.35
272,802.37
8.8583%
4.
16,049.10
16,088.08
8.8571%
5.
1,413.32
1,416.77
8.8487%
6.
5,209.96
5,222.65
8.8571%
7.
8,592.33
8,613.20
8.8583%
8.
15,463.88
15,549.39
8.8583%
9.
28,755.70
28,867.46
8.8583%
10.
6,857.17
6,925.76
8.8571%
11.
17,587.74
17,677.49
8.8583%
12.
2,896.70
2,957.40
8.8583%
13.
1,956.70
2,015.58
8.8571%
14.
2,630.93
2,691.13
8.8535%
15.
19,545.55
19,639.20
8.8583%
16.
8,429.88
8,501.54
8.8559%
17.
8,869.49
8,941.98
8.8571%

2) Costs on a solicitors and client basis; and
3) Such further and/or other relief as the Court deems fit.

According to the Statement of Claim, HLB had through a firm of lawyers acting on its behalf issued letters dated 29 March 2013 terminated the Hire Purchase Agreements and demanded for payment of all monies due and owing under the facilities. Thereafter, HLB through a firm of lawyers acting on its behalf issued letters dated 17 April 2013 to the Company demanding for payment of the outstanding sums due and owing under the facilities. HLB filed the Writ of Summons with Alor Setar High Court as the Company has failed to pay the outstanding sums demanded.

Financial & Operational Impact

The amount had been accounted for in the Company’s and ETI-M’s accounts as such there is no further financial impact on the Group. The litigation will not have any operational impact on Group.

Expected losses to the Group, if any

Save for the amount that have already been provided, ETI-M and the Company are exposed to the claim, interests and legal expenses.

ETI-M is in the midst of negotiation with HLB and the Company will announce further developments on the above matter as and when necessary. The Company will be appointing a lawyer for case management.

This announcement is dated 06 June 2013.


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