IRIS - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
Company Name | IRIS CORPORATION BERHAD (ACE Market) |
Stock Name | IRIS |
Date Announced | 6 Jun 2013 |
Category | General Announcement |
Reference No | IC-130606-61179 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | A RELATED PARTY TRANSACTION IN RESPECT OF SALE OF THE “SMOS” SOFTWARE OPERATING SYSTEM TO IRIS CORPORATION BERHAD (“ICB”) BY MCS MICROSYSTEMS SDN. BHD. (“MCS”) FOR A TOTAL CASH CONSIDERATION OF USD4,000,000 (RM12,365,560) |
A RELATED PARTY TRANSACTION IN RESPECT OF SALE OF THE “SMOS” SOFTWARE OPERATING SYSTEM TO IRIS CORPORATION BERHAD (“ICB”) BY MCS MICROSYSTEMS SDN. BHD. (“MCS”) FOR A TOTAL CASH CONSIDERATION OF USD4,000,000 (RM12,365,560)ONLY 1. INTRODUCTION The Board of Directors of IRIS CORPORATION BERHAD (“ICB”) is pleased to announce that it has on 5th June, 2013 entered into a transaction with MCS Microsystems Sdn. Bhd. ("MCS”) for the acquisition of the Small Machine Operating System (“SMOS”) for a total cash consideration to the amount of United States Dollars Four Million (USD4,000,000) equivalent to Ringgit Malaysia Twelve Million Three Hundred Sixty Five Thousand Five Hundred Sixty @ rate of USD 1 : RM3.09139 (RM12,365,560.00) only. This transaction is reflected hereto in the Acquisition of Software Agreement dated 5th June, 2013. 1.INFORMATION ON MCS MCS is a private limited company duly incorporated in Malaysia in 1999 under the Companies Act 1965 and is currently with an authorized share capital of 150,000 ordinary shares of RM1.00 each at par value of which 150,000 ordinary shares have been issued and fully paid up. MCS is a well-known and established smart card technology provider which has it’s expertise in design and development of smart card operating systems, reader/technical modules, smart devices, derivatives and manufacturing process consultancy smart card devices since 2001. Apart from its core business as provided for under its Articles. MCS also has been providing ICB with its skills and expertise in the smart card identity sector and in providing related operating systems to ICB in its ordinary course of business. 2. RELATED PARTY TRANSACTION This transaction is a related party transaction (“RPT”) under Chapter 10 of the ACE Market Listing Requirements of the Bursa Malaysia Securities Berhad (“ACE MLR”).The provision under Rule 10.08 (1) of ACE MLR shall apply wherein the percentage ratios of this RPT is more than 0.25%. 3. DIRECTORS AND MAJOR SHAREHOLDERS INTEREST Mr Yap Hock Eng is a Founder Director and Key Management Executive of ICB and is deemed to have an interest in MCS. Save as disclosed above none of the Directors and/or major shareholders of ICB and persons connected with the Directors of ICB and/or major shareholders of ICB have any interest, direct or indirect in this RPT. 4.APPROVAL REQUIRED This RPT is not subject to any approval of the shareholders of ICB and any government bodies in Malaysia. 5.FINANCIAL EFFECT OF THE ACQUISITION The above transaction will not have any material effect on the issued, paid up share capital, substantial shareholder’s holding, earnings, earnings per share , net assets per share, and gearing of the ICB Group. Barring unforeseen circumstances, the Board is of the opinion that the acquisition will contribute positively to the earnings and earnings per share of the ICB Group. 6. SOURCES OF FUNDING The Transaction will be funded by internally generated funds and bank borrowing. 7. NATURE OF THE TRANSACTION This RPT is in the ordinary course of business and is of revenue and trading in nature. This transaction is made on an arm's length basis and on normal commercial terms. This transaction is also not prejudicial to the interest of the shareholders and neither are they more favourable to the Related Party than those generally available to the public. 8. STATEMENT BY DIRECTORS The Board of Directors of the Group, have considered all aspects of the transaction and are of the opinion that the transaction is established under normal commercial terms and is in the best interest of the Company and not to the detriment of the minority shareholders. This announcement is made on 6th June 2013.
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INFOTEC - Annual Report 2012
Company Name | INFORTECH ALLIANCE BERHAD (ACE Market) |
Stock Name | INFOTEC |
Date Announced | 6 Jun 2013 |
Category | Document Receipt |
Reference No | JM-130606-59944 |
Annual Report for Financial Year Ended | 31/12/2012 |
Subject | Annual Report 2012 |
SCOPE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | SCOPE INDUSTRIES BERHAD (ACE Market) |
Stock Name | SCOPE |
Date Announced | 6 Jun 2013 |
Category | General Announcement |
Reference No | CC-130604-65918 |
Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||||||||||||||||||||||||||||||||||||
Description | Pursuant to Paragraph 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that the following Director has given notice of his dealing in the ordinary shares of Scope Industries Berhad during outside closed period as set out in the Table hereunder. This announcement is dated 6 June 2013. | ||||||||||||||||||||||||||||||||||||||||||||||||
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SCOPE - Changes in Director's Interest (S135) - Lim Chiow Hoo
Company Name | SCOPE INDUSTRIES BERHAD (ACE Market) |
Stock Name | SCOPE |
Date Announced | 6 Jun 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-130604-65465 |
Information Compiled By KLSE
Particulars of Director
Name | Lim Chiow Hoo |
Address | 14 Gerbang Pekaka Taman Transkrian 14300 Nibong Tebal S.P.S. |
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 | 80,000 | 0.205 | |
Acquired | 60,000 | 0.210 | |
Acquired | 10,000 | 0.220 | |
Acquired | 50,000 | 0.220 |
Circumstances by reason of which change has occurred | Acquisition |
Nature of interest | Direct |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 53,449,330 |
Direct (%) | 13.91 |
Indirect/deemed interest (units) | |
Indirect/deemed interest (%) | |
Date of notice | 06/06/2013 |
SCOPE - Changes in Sub. S-hldr's Int. (29B) - Lim Chiow Hoo\t
Company Name | SCOPE INDUSTRIES BERHAD (ACE Market) |
Stock Name | SCOPE |
Date Announced | 6 Jun 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-130604-65770 |
Particulars of substantial Securities Holder
Name | Lim Chiow Hoo |
Address | 14 Gerbang Pekaka Taman Transkrian 14300 Nibong Tebal S.P.S. |
NRIC/Passport No/Company No. | 630211-08-5371 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
Name & address of registered holder | Lim Chiow Hoo 14 Gerbang Pekaka Taman Transkrian 14300 Nibong Tebal S.P.S. |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 03/06/2013 | 80,000 | 0.205 |
Acquired | 03/06/2013 | 60,000 | 0.210 |
Acquired | 03/06/2013 | 10,000 | 0.220 |
Acquired | 04/06/2013 | 50,000 | 0.220 |
CBSA - OTHERS CBSA BERHAD (“CBSA” OR “COMPANY”) - Incorporation of Subsidiary
Company Name | CBSA BERHAD |
Stock Name | CBSA |
Date Announced | 6 Jun 2013 |
Category | General Announcement |
Reference No | CA-130606-51501 |
Type | Announcement |
Subject | OTHERS |
Description | CBSA BERHAD (“CBSA” OR “COMPANY”) - Incorporation of Subsidiary |
The Board of Directors of CBSA is pleased to announce the incorporation of PanPages Vietnam Co., Ltd. (“PanPages Vietnam”) by its wholly-owned subsidiary, CBSA International Sdn. Bhd., which in turn a wholly-owned subsidiary of CBSA Bizhub Sdn. Bhd. PanPages Vietnam was incorporated in Vietnam on 27 May 2013 with a registered capital of VND1,000,000,000, which is equivalent to USD50,000. The principal activities of PanPages Vietnam are services of computer programming and marketing management consulting service. The said incorporation would not have material effect on the Company’s consolidated earnings and net assets for the financial year ending 31 December 2013. None of the Directors and Substantial Shareholders of the Company and persons connected with the Directors and Substantial Shareholders of the Company has any interest, direct or indirect, in the said incorporation. |
GPRO - GENERAL MEETINGS: NOTICE OF MEETING (Amended Announcement)
Company Name | GPRO TECHNOLOGIES BERHAD (ACE Market) |
Stock Name | GPRO |
Date Announced | 6 Jun 2013 |
Category | General Meetings |
Reference No | CS-130606-84A50 |
Type of Meeting | AGM |
Indicator | Notice of Meeting |
Description | The TENTH ANNUAL GENERAL MEETING ("AGM") of the Company will be held at Hotel Sri Petaling, 30, Jalan Radin Anum, Bandar Baru Sri Petaling, 57000 Kuala Lumpur on Friday, 28 June 2013 at 11.30 a.m. The Company wishes to inform that a depositor whose name appears in the Record of Depositors as at 21 June 2013 shall be regarded as a member of the Company entitled to attend, speak and vote at the AGM or appoint a proxy to attend and vote. |
Date of Meeting | 28/06/2013 |
Time | 11:30 AM |
Venue | Hotel Sri Petaling, 30, Jalan Radin Anum, Bandar Baru Sri Petaling, 57000 Kuala Lumpur. |
Date of General Meeting Record of Depositors | 21/06/2013 |
CATCHA - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | CATCHA MEDIA BERHAD (ACE Market) |
Stock Name | CATCHA |
Date Announced | 6 Jun 2013 |
Category | General Announcement |
Reference No | CC-130606-50510 |
Type | Announcement | |||||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||
Description | Catcha Media Berhad ("Catcha Media" or "the Company") - Dealing by Principal Officer of the Company Outside Closed Period Pursuant to Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad | |||||||||||||||
The Board of Directors of Catcha Media wishes to announce that the Company had received notification from Mr Voon Tze Khay, a Principal Officer of the Company in relation to his dealing in the shares of the Company outside closed period, details as set out below:- Principal Officer Date of Transaction Number of Ordinary Shares of RM0.10 Disposed % of Issued Share Capital Price Per Share (RM) Voon Tze Khay 4 June 2013 35,000 (Direct) 0.026 0.600 5 June 2013 3,000 (Direct) 0.002 0.645 This announcement is dated 6 June 2013. |
IDMENSN - Annual Report 2012
Company Name | IDIMENSION CONSOLIDATED BHD (ACE Market) |
Stock Name | IDMENSN |
Date Announced | 6 Jun 2013 |
Category | Document Receipt |
Reference No | JM-130606-60165 |
Annual Report for Financial Year Ended | 31/12/2012 |
Subject | Annual Report 2012 |
SUMATEC - Annual Report 2012
Company Name | SUMATEC RESOURCES BERHAD |
Stock Name | SUMATEC |
Date Announced | 6 Jun 2013 |
Category | Document Receipt |
Reference No | GR-130606-60334 |
Annual Report for Financial Year Ended | 31/12/2012 |
Subject | Annual Report 2012 |
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