July 23, 2013

Company announcements: AGLOBAL, REDTONE, INSTACO, BAHVEST, MICROLN

AGLOBAL - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameARIANTEC GLOBAL BERHAD (ACE Market) 
Stock Name AGLOBAL  
Date Announced23 Jul 2013  
CategoryChange in Boardroom
Reference NoCA-130723-7566E

Date of change23/07/2013
NameDato' Abd Gani bin Yusof
Age59
NationalityMalaysian
Type of changeRedesignation
Previous PositionChairman
New PositionChairman
DirectorateNon Independent & Non Executive
QualificationsBachelor of Science (Hons) in Housing, Building & Planning, Universiti Sains Malaysia 
Working experience and occupation Dato' Abd. Gani is the Prima Era Group Chief Executive and has been in the multi discipline industry for almost 28 years having started his career in 1980 with Peremba Berhad as Project Manager. During his tenure in Peremba Berhad, he led the construction and completion of the Saujana Golf & Country Club, a renowned world class golf resort development. He left Peremba Berhad and joined United Engineers (M) Berhad (UEM) in 1988 as a General Manager until 1991 when he was promoted to Project Director. While in UEM he also served as Managing Director of Linkedua (M) Bhd and Prolink Development Sdn Bhd, companies involved in the construction of the Malaysia-Singapore Second Link Project and the development of the Nusajaya Township. Dato' Abd Gani left UEM to pursue private equity investment opportunities and he established Magna Prima Berhad (MPB), a property development company and Metronic Global Berhad, an engineering and IT based conglomerate. Both corporations are listed on Bursa Malaysia Securities Berhad. He resigned from MPB in 2006. Dato' Abd Gani also spearhead his privately owned group of companies, Prima Era Group whose core competencies are in Turnkey Project, Land and Property Development, Civil and Engineering Construction & Project Management, ICT, Education, Multi-Level Marketing and Property Investment both local and international 
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 

Remarks :
The position of the Chairman is redesignated from Non-Independent Executive Chairman to Non-Independent Non Executive Chairman.


AGLOBAL - Change in Principal Officer

Announcement Type: Change in Principal Officer
Company NameARIANTEC GLOBAL BERHAD (ACE Market) 
Stock Name AGLOBAL  
Date Announced23 Jul 2013  
CategoryChange in Principal Officer
Reference NoCA-130626-55773

Date of change23/07/2013
NameCheah Chee Fatt
Age48
NationalityMalaysian
Type of changeAppointment
DesignationChief Executive Officer
QualificationsBSc(Hons) in Electrical Engineering
Working experience and occupation 1985-1990 Bintai Kindenko (S) Pte Ltd-Technical Executive
1990-1999 Edward E Woo Consultants Pte Ltd-Senior Enginee
2000-Oct 2005 Metronic Engineering Sdn Bhd-Senior M&E Project Manager
2006-Nov 2008 CapitaLand Commercial Project Management Sdn Bhd (Malaysia Branch)-Project Manager
Feb 2009-Jan 2013 Metronic Engineering Sdn Bhd-General Manager-M&E
Directorship of public companies (if any)NIL
Family relationship with any director and/or major shareholder of the listed issuerNIL
Any conflict of interests that he/she has with the listed issuer or its subsidiariesNIL
Details of any interest in the securities of the listed issuer or its subsidiaries40,000 ordinary shares of RM0.10 each


REDTONE - Changes in Sub. S-hldr's Int. (29B) - TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced23 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-130723-33362

Particulars of substantial Securities Holder

NameTAN SRI DATO' SERI VINCENT TAN CHEE YIOUN
AddressLevel 12 (East Wing)
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.520223-01-5779
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderTAN SRI DATO' SERI VINCENT TAN CHEE YIOUN
Level 12 (East Wing)
Berjaya Times Square
No. 1, Jalan Imbi
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/07/2013
5,978,800
 

Circumstances by reason of which change has occurredAcquired via open market.
Nature of interestDirect
Direct (units)5,978,800 
Direct (%)1.22 
Indirect/deemed interest (units)66,200,800 
Indirect/deemed interest (%)13.58 
Total no of securities after change72,179,600
Date of notice22/07/2013

Remarks :
The transactions were made between 18 July 2013 and 19 July 2013.

The Notice of Change in the Interests of Substantial Shareholder was received by the Company on 23 July 2013.


INSTACO - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameINSTACOM GROUP BERHAD (ACE Market) 
Stock Name INSTACO  
Date Announced23 Jul 2013  
CategoryGeneral Announcement
Reference NoMI-130723-61098

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionINSTACOM GROUP BERHAD (FORMERLY KNOWN AS I-POWER BERHAD) ("INSTACOM" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF 351,127,130 WARRANTS IN INSTACOM ("WARRANT(S)") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN INSTACOM HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF WARRANTS")
Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Proposed Bonus Issue of Warrants.
We refer to the earlier announcements dated 12 June 2013 and 4 July 2013 in relation to the Proposed Bonus Issue of Warrants.

On behalf of the Board of Directors of Instacom, RHB Investment Bank Berhad ("RHBIB") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 22 July 2013, resolved to approve the following:-

i. Admission to the Official List and listing and quotation of 351,127,130 Warrants to be issued pursuant to the Proposed Bonus Issue of Warrants; and

ii. Listing and quotation of up to 351,127,130 new Instacom Shares to be issued pursuant to the exercise of Warrants issued under the Proposed Bonus Issue of Warrants.

The approval granted by Bursa Securities for the Proposed Bonus Issue of Warrants is subject to the following conditions:-

i. Instacom and RHBIB 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 Bonus Issue of Warrants;

ii. Instacom and RHBIB to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Warrants;

iii. Instacom to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue of Warrants is completed; and

iv. Instacom to furnish Bursa Securities on a quarterly basis, a summary of the total number of shares listed pursuant to the exercise of Warrants as at the end of each quarter together with a detailed computation of listing fees payable.


This announcement is dated 23 July 2013.


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

Announcement Type: General Announcement
Company NameBORNEO AQUA HARVEST BERHAD (ACE Market) 
Stock Name BAHVEST  
Date Announced23 Jul 2013  
CategoryGeneral Announcement
Reference NoCA-130723-61D47

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the following director has transacted dealings in the securities of Borneo Aqua Harvest Berhad as set out in the table below.

Name of Director

Date of Change

Type of Change

Price per Share (RM)

No. of Shares

% of Issued Shares

Akinori Hotani

18/07/2013

Disposal

1.25

446,700

0.11

 

 


BAHVEST - Changes in Director's Interest (S135) - Akinori Hotani

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameBORNEO AQUA HARVEST BERHAD (ACE Market) 
Stock Name BAHVEST  
Date Announced23 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-130723-5208B

Information Compiled By KLSE

Particulars of Director

NameAkinori Hotani
AddressTanjung Payang, Batu 7
Jalan Silam
91100 Lahad Datu
Sabah
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)
Disposed
18/07/2013
446,700
 

Circumstances by reason of which change has occurredOpen Market Disposal
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)160,000 
Direct (%)0.04 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice23/07/2013


MICROLN - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced23 Jul 2013  
CategoryGeneral Announcement
Reference NoCC-130723-1C217

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionPursuant to the rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company has received notification from Mr Monteiro Gerard Clair, the Director of Microlink Solutions Berhad in relation to the acquisition of shares by M & A Nominees (Tempatan) Sdn Bhd, Insas Credit & Leasing Sdn Bhd for Formis Holdings Berhad in which he is deemed interested by virtue of his substantial interest in Red Zone Development Sdn Bhd, which in turn owned 22.04% equity interest in Formis Resources Berhad, the holding company of Formis Holdings Berhad, pursuant to Section 6A of the Companies Act, 1965.

This announcement is dated 23 July 2013.

Date of Dealing

Description of securities

Number of Shares Acquired

Price per Share (RM)

% of Securities Acquired

19/07/2013

Ordinary Shares of RM0.10 each

 

21,000

0.600

0.02

 



MICROLN - Changes in Director's Interest (S135) - Monteiro Gerard Clair

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced23 Jul 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-130723-1C230

Information Compiled By KLSE

Particulars of Director

NameMonteiro Gerard Clair
AddressNo. 26
Jalan Damansara Permai
50490 Kuala Lumpur
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
19/07/2013
21,000
0.600 

Circumstances by reason of which change has occurredAcquisition of shares by M & A Nominees (Tempatan) Sdn Bhd, Insas Credit & Leasing Sdn Bhd for Formis Holdings Berhad. Deemed interested by virtue of his substantial interest in Red Zone Development Sdn Bhd, which in turn owned 22.04% equity interest in Formis Resources Berhad, the holding company of Formis Holdings Berhad, pursuant to Section 6A of the Companies Act, 1965
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)60,839,300 
Indirect/deemed interest (%)45.5 
Date of notice23/07/2013


MICROLN - Changes in Sub. S-hldr's Int. (29B) - Wong Kit Leong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced23 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130723-A7EC4

Particulars of substantial Securities Holder

NameWong Kit Leong
Address1, Jalan Setia Nusantara U13/22F
Setia Ecopark
40170 Shah Alam
Selangor Darul Ehsan
NRIC/Passport No/Company No.710506-03-5523
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderM & A Nominees (Tempatan) Sdn Bhd
Insas Credit & Leasing Sdn Bhd for
Formis Holdings Berhad
Level 1-2, No. 45 & 47
The Boulevard Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/07/2013
21,000
 

Circumstances by reason of which change has occurredDeemed interested by virtue of his substantial interest in Red Zone Development Sdn Bhd, which in turn owned 22.04% equity interest in Formis Resources Berhad, the holding company of Formis Holdings Berhad, pursuant to Section 6A of the Companies Act, 1965
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)21,000 
Indirect/deemed interest (%)0.02 
Total no of securities after change60,839,300
Date of notice23/07/2013


MICROLN - Changes in Sub. S-hldr's Int. (29B) - Raymond Tan

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMICROLINK SOLUTIONS BERHAD (ACE Market) 
Stock Name MICROLN  
Date Announced23 Jul 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-130723-A7EC6

Particulars of substantial Securities Holder

NameRaymond Tan
Address19, Jalan Nusa
Taman Duta
50480 Kuala Lumpur
NRIC/Passport No/Company No.601016-10-6349
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderM & A Nominees (Tempatan) Sdn Bhd
Insas Credit & Leasing Sdn Bhd for
Formis Holdings Berhad
Level 1-2, No. 45 & 47
The Boulevard Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired19/07/2013
21,000
 

Circumstances by reason of which change has occurredDeemed interested by virtue of his substantial interest in Red Zone Development Sdn Bhd, which in turn owned 22.04% equity interest in Formis Resources Berhad, the holding company of Formis Holdings Berhad, pursuant to Section 6A of the Companies Act, 1965
Nature of interestIndirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)21,000 
Indirect/deemed interest (%)0.02 
Total no of securities after change60,839,300
Date of notice23/07/2013


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