August 28, 2013

Company announcements: GOCEAN, IDEAL, INSBIO, ELSOFT, DAYA, SCN, AMBANK, IRCB

GOCEAN - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):COMBINATION OF NEW ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameGREEN OCEAN CORPORATION BERHAD (ACE Market) 
Stock Name GOCEAN  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoMI-130828-64514

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description
GREEN OCEAN CORPORATION BERHAD (“GREEN OCEAN” OR “COMPANY”)

PROPOSED NOTES ISSUE;
PROPOSED WARRANTS ISSUE;
PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
PROPOSED AMENDMENTS,

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
We refer to the announcement made in relation to the Proposals dated 26 August 2013 (“Announcement”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcement unless otherwise defined herein.

On behalf of the Board, KIBB wishes to clarify the following representation and warranty of the Subscriber in relation to the Proposed Notes Issue under Section 2.1.4 of the Announcement:

(iii) The Subscriber agrees (i) that there will be no conversion of the Notes by the Subscriber to transfer a controlling interest in the Company without the prior approval of the shareholders of the Company at a general meeting and (ii) not to hold more than fifteen percent (15%) interest in the share capital of the Company, at any time and from time to time without the prior approval of the Company.

Pursuant to the above, the Subscriber shall not hold more than 15% interest in Green Ocean without the prior approval of the Company.

In the event the above approval is obtained, the Subscriber shall not convert the Notes such that he will hold a controlling interest in Green Ocean without the prior approval of the Company’s shareholders, which will be sought at a separate extraordinary general meeting, if required.

In the event that shareholders’ approval is obtained for the Subscriber to hold a controlling interest in Green Ocean and the Subscriber thereby holds more than 33% interest in the Company (or such other percentage as may be prescribed in the Malaysian Code on Take-Overs and Mergers 2010), the Subscriber would have to undertake a mandatory general offer.

This announcement is dated 28 August 2013.


IDEAL - Quarterly rpt on consolidated results for the financial period ended 30/6/2013

Announcement Type: Financial Results
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced28 Aug 2013  
CategoryFinancial Results
Reference NoCP-130822-33708

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
Financial Year End31/12/2013
Quarter2
Quarterly report for the financial period ended30/06/2013
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2013
30/06/2012
30/06/2013
30/06/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
2,119
2,332
4,507
4,263
2Profit/(loss) before tax
859
1,925
2,035
3,247
3Profit/(loss) for the period
859
1,874
1,935
3,196
4Profit/(loss) attributable to ordinary equity holders of the parent
859
1,874
1,935
3,196
5Basic earnings/(loss) per share (Subunit)
0.37
0.80
0.82
1.36
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.0200
0.0100
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


INSBIO - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN

Announcement Type: General Announcement
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoOS-130828-4281C

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
DescriptionINS BIOSCIENCE BERHAD ("INSBIO" OR "THE COMPANY")

- STATUS OF PLAN TO REGULARISE FINANCIAL CONDITION PURSUANT TO GUIDANCE NOTE 3 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) FOR THE ACE MARKET (“GN3”)("THE REGULARISATION PLAN")

Reference is made to the Company’s announcement dated 26 August 2013 wherein it was announced that M&A Securities Sdn Bhd had on 26 August 2013 submitted an application to Bursa Securities on behalf of the Company to extend the deadline for submission of the Company’s regularisation plan for Bursa Securities’ approval to 30 November 2013 (“Application”).

On behalf of the Board of Directors of the Company, M&A Securities Sdn Bhd wishes to announce that Bursa Securities had vide its letter dated 28 August 2013 informed that the suspension on the trading of the Company's securities and the de-listing of the Company in accordance with Rule 8.04 of the ACE Market Listing Requirements of Bursa Securities shall be deferred pending the decision on the Application.

This announcement is dated 28 August 2013.



ELSOFT - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameELSOFT RESEARCH BERHAD (ACE Market) 
Stock Name ELSOFT  
Date Announced28 Aug 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-130828-4D7B8

Date of buy back28/08/2013
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)15,000
Minimum price paid for each share purchased ($$)0.565
Maximum price paid for each share purchased ($$)0.565
Total consideration paid ($$)8,522.15
Number of shares purchased retained in treasury (units)15,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)70,000
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 (%)0.04


DAYA - OTHERS DAYA MATERIALS BERHAD (“DMB” or “the Company”) • PROPOSED JOINT VENTURE BETWEEN DAYA PETROLEUM VENTURES SDN BHD ("DPV"), A SUBSIDIARY OF DMB, CUTECH SOLUTIONS & SERVICES PTE. LTD. ("CUTECH") AND WIRAMAS BAIDURI SDN BHD ("WIRAMAS")(“PROPOSED JOINT VENTURE”)

Announcement Type: General Announcement
Company NameDAYA MATERIALS BERHAD  
Stock Name DAYA  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoCC-130828-1C987

TypeAnnouncement
SubjectOTHERS
DescriptionDAYA MATERIALS BERHAD (“DMB” or “the Company”)
• PROPOSED JOINT VENTURE BETWEEN DAYA PETROLEUM VENTURES SDN BHD ("DPV"), A SUBSIDIARY OF DMB, CUTECH SOLUTIONS & SERVICES PTE. LTD. ("CUTECH") AND WIRAMAS BAIDURI SDN BHD ("WIRAMAS")(“PROPOSED JOINT VENTURE”)



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

Announcement Type: General Announcement
Company NameSCAN ASSOCIATES BERHAD (ACE Market) 
Stock Name SCN  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoOS-130828-63962

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionSCAN ASSOCIATES BERHAD (“SCAN” OR “THE COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 20,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN SCAN TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED (“PROPOSED PRIVATE PLACEMENT”)

On behalf of the Board of Directors of SCAN, M&A Securities Sdn Bhd wishes to announce that the Company proposes to implement a private placement of up to 20,000,000 new ordinary shares of RM0.10 each in SCAN to independent third party investors to be identified at a later date.

Please refer to the attachment for further details.

This announcement is dated 28 August 2013.

Attachments

Scan - Private Placement.pdf
277 KB



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

Announcement Type: General Announcement
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoAH-130828-B25A1

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionAMMB Holdings Berhad ("AMMB" or "the Company") wishes to inform that Mr Ashok Ramamurthy, the Group Managing Director of the Company had on 28 August 2013, given notice of his dealings in the ordinary shares of AMMB, as follows:

Date TransactedOpening BalanceNo. of Shares Acquired/(Disposed)% of Shares TransactedConsiderationClosing Balance% of Share Held after Transaction
23 August 2013405,450(167,050)*0.006RM7.5212238,4000.008
28 August 2013238,400225,100^0.007RM3.05463,5000.015
28 August 2013463,500136,500^0.005RM4.73600,0000.020

* The disposal of shares was for the principal purpose of funding the Options exercised.
^ Exercised Options

This announcement is dated 28 August 2013.





AMBANK - Changes in Director's Interest (S135) - Ashok Ramamurthy

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced28 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoAH-130828-093CC

Information Compiled By KLSE

Particulars of Director

NameAshok Ramamurthy
AddressUnit A-10-5
Pavilion Residences 1
No. 77 Jalan Raja Chulan
50200 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)
Disposed
23/08/2013
167,050
7.520 
Others
28/08/2013
225,100
3.050 
Others
28/08/2013
136,500
4.730 

Description of other type of transactionDisposal of shares and exercise of Options.
Circumstances by reason of which change has occurred
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)600,000 
Direct (%)0.02 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice28/08/2013

Remarks :
The disposal of shares was for the principal purpose of funding the Options exercised.


AMBANK - 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 NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced28 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAH-130828-C1101

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
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
[Acquisition of 3,543,900 shares]

2. Employees Provident Fund Board

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AMUNDI)

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (HDBS)
[Disposal of 1,123,700 shares]

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (MAYBAN)
[Acquisition of 108,000 shares]

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)
[Disposal of 450,000 shares]

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (CIMB PRI)

8. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM)

9. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (TEMPLETON)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired23/08/2013
3,651,900
 
Disposed23/08/2013
1,573,700
 

Circumstances by reason of which change has occurredAcquisition and disposal of shares
Nature of interestDirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change369,205,837
Date of notice26/08/2013

Remarks :
This notice was received on 28 August 2013.


IRCB - OTHERS INTEGRATED RUBBER CORPORATION BERHAD (“IRCB” or “COMPANY”) PROPOSED CASH ADVANCE OF APPROXIMATELY RM44.8 MILLION FROM CHEANG POY KEN AND KEEN SETUP SDN BHD TO IRCB (“PROPOSED ADVANCE”)

Announcement Type: General Announcement
Company NameINTEGRATED RUBBER CORPORATION BERHAD  
Stock Name IRCB  
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoMB-130828-62815

TypeAnnouncement
SubjectOTHERS
Description
INTEGRATED RUBBER CORPORATION BERHAD (“IRCB” or “COMPANY”)

PROPOSED CASH ADVANCE OF APPROXIMATELY RM44.8 MILLION FROM CHEANG POY KEN AND KEEN SETUP SDN BHD TO IRCB (“PROPOSED ADVANCE”)
      On behalf of the Board of Directors of IRCB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) is pleased to announce that the Company had entered into agreements with Mr. Cheang Poy Ken (“Mr Cheang”) and Keen Setup Sdn Bhd (“KSSB”) (collectively referred herein as the “Investors”) both dated 27 August 2013, to advance cash of RM22,400,000 each; totalling to RM44,800,000 to the Company.

      For further details on the Proposed Advance, kindly refer to the attachment.

Attachments

Proposed Advance_IRCB.pdf
40 KB



No comments:

Post a Comment