HEXAGON - MATERIAL LITIGATION
Company Name | HEXAGON HOLDINGS BHD |
Stock Name | HEXAGON |
Date Announced | 23 Aug 2013 |
Category | General Announcement |
Reference No | CM-130823-60561 |
Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||||||||
Subject | MATERIAL LITIGATION | ||||||||||||||||||||||||||||||||||||||||||||||||
Description | HEXAGON HOLDINGS BERHAD (“HHB” or “the Company”) Writ of Summon and Statement of Claim by Bank Muamalat Malaysia Berhad (“BMMB”) | ||||||||||||||||||||||||||||||||||||||||||||||||
We refer to Bursa Malaysia Securities Berhad's query letter dated 22 August 2013 pertaining to our announcement dated 21 August 2013 for the Writ of Summon and Statement of Claim by Bank Muamalat Malaysia Berhad (“BMMB”) and the Company wishes to clarify on the following :- 1. The Muamalat Restructuring (Tawarruq)-i Facility of RM9,000,000.00 granted to The Solicitor acting for BMMB is demanding payment of a sum of RM9,272,057.32 due and owing as at 12 July 2013 together with continuing compensation charges and all other applicable continuing costs, charges and expenses to BMMB.
Compensation for late payment shall be charged on the Overdue Amount of RM2,954,227.84 or balance thereof at 1% per annum from 13 July 2013 until the maturity of the Financing on 15 May 2015 and thereafter at the Interbank Islamic Money Market Rate (IMMR) (currently at 2.91% per annum) on the Principal Outstanding of RM7,751,738.71 or balance thereof until the date of full and final settlement. 2. The Muamalat Restructuring (Tawarruq)-i Facility of RM1,950,000.00 granted to Advanced Metal Substrate Technology Sdn Bhd (“In Liquidation”) (restructure of the Murabahah Working Capital Financing) The Solicitor acting for BMMB is demanding payment of a sum of RM2,652,920.84 due and owing as at 12 July 2013 together with continuing compensation charges and all other applicable continuing costs, charges and expenses to BMMB.
Compensation for late payment shall be charged on the Overdue Amount of RM512,232.61 or balance therefore at 1% per annum from 13 July 2013 until the maturity of the Financing on 15 August 2016 and thereafter at the Interbank Islamic Money Market Rate (IMMR) (currently at 2.91% per annum) on the Principal Outstanding of RM1,870,589.05 or balance thereof until the date of full and final settlement. HHB is in the midst of seeking legal advice to defend against the aforesaid Demand. If the Claim would subsequent crystallize, the potential liabilities would have financial and operation impact to the Company. Save for the RM11,924,978.16 sum as demanded by BMMB plus our legal cost and incidental cost, there is no other financial nor any operational loss of the demand on the Group. Further announcement on the material development of the above matter will be made in due course. This announcement is dated 23 August 2013. |
GUNUNG - MEMORANDUM OF UNDERSTANDING
Company Name | GUNUNG CAPITAL BERHAD |
Stock Name | GUNUNG |
Date Announced | 23 Aug 2013 |
Category | General Announcement |
Reference No | CG-130823-4022A |
Type | Announcement | ||
Subject | MEMORANDUM OF UNDERSTANDING | ||
Description | MEMORANDUM OF UNDERSTANDING WITH THE INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA. | ||
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GUNUNG - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | GUNUNG CAPITAL BERHAD |
Stock Name | GUNUNG |
Date Announced | 23 Aug 2013 |
Category | General Announcement |
Reference No | CG-130823-7F3E1 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | GUNUNG CAPITAL BERHAD (“GUNUNG” OR “COMPANY”) PROPOSED ACQUISITION OF 425,000 ORDINARY SHARES OF RM1.00 EACH IN PUSAKA HIJAU SDN BHD (“PHSB”) (“PHSB SHARES”) REPRESENTING 85% EQUITY INTEREST IN PHSB FROM BEROZ NIKMAL BIN MIRDIN (“PROPOSED ACQUISITION”) FOR A PURCHASE CONSIDERATION OF RM9.10 MILLION |
Further to our announcement dated 21 August 2013 in respect of the above Proposed Acquisition, the Company is pleased to clarify on the following :- (1) Page 2 (item 2.2) – The word “million” should be deleted. Based on the audited consolidated financial statements for the FYE 30 June 2012, the net loss and net liabilities for PHREC are approximately
RM8,925 and RM95,845 (2) Page 13 (item 8) – There should be a fullstop instead of coma immediately after the word “in a general meeting” In the case where the abovementioned event changes the highest percentage ratio, GUNUNG will seek shareholder approval in a general meeting. If it can be reasonably expected, that under 10.13 of the Bursa Securities Main Market Listing Requirements, that the Proposed Acquisition will result in: This announcement is dated 23 August 2013. |
POLY - GENERAL MEETINGS: OUTCOME OF MEETING
Company Name | POLY GLASS FIBRE (M) BERHAD |
Stock Name | POLY |
Date Announced | 23 Aug 2013 |
Category | General Meetings |
Reference No | CC-130807-D6DB8 |
Type of Meeting | AGM |
Indicator | Outcome of Meeting |
Date of Meeting | 23/08/2013 |
Time | 02:30 PM |
Venue | FUNCTION HALL 01, LEVEL 02 GURNEY RESORT HOTEL & RESIDENCES 18 PERSIARAN GURNEY 10250 PENANG |
Outcome of Meeting | The Board of Directors of POLY GLASS FIBRE (M) BHD is pleased to announce that the shareholders of the Company had at the 23rd Annual General Meeting ("AGM") duly held on 23rd August 2013, approved all the resolutions prescribed in the Notice of AGM dated 1st August 2013. Dated this 23rd day of August 2013. |
DAIBOCI - Notice of Shares Buy Back - Immediate Announcement
Company Name | DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD. |
Stock Name | DAIBOCI |
Date Announced | 23 Aug 2013 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | DP-130823-3EADB |
DAIBOCI - DAIBOCI - NOTICE OF BOOK CLOSURE
Company Name | DAIBOCHI PLASTIC AND PACKAGING INDUSTRY BHD. |
Stock Name | DAIBOCI |
Date Announced | 23 Aug 2013 |
Category | Listing Circular |
Reference No | RN-130823-36121 |
LISTING'S CIRCULAR NO. L/Q : 68600 OF 2013
Interim tax exempt dividend of 3.00 sen per share.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 6 September 2013 ]
2) The last date of lodgement : [ 10 September 2013 ]
3) Date Payable : [ 27 September 2013 ]
TNLOGIS - Circular/Notice to Shareholders
Company Name | TIONG NAM LOGISTICS HOLDINGS BERHAD |
Stock Name | TNLOGIS |
Date Announced | 23 Aug 2013 |
Category | PDF Submission |
Reference No | TN-130822-1C3AE |
Subject | Circular to Shareholders in relation to Proposed Renewal of Shareholders' Approval for Share Buy-Back by the Company up to Ten Percent (10%) of the Issued and Paid-Up Ordinary Share Capital of the Company, Proposed New Shareholders' Mandate and Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and Proposed Amendments to the Articles of Association of the Company. |
TNLOGIS - First and Final Dividend
Company Name | TIONG NAM LOGISTICS HOLDINGS BERHAD |
Stock Name | TNLOGIS |
Date Announced | 23 Aug 2013 |
Category | Entitlements (Notice of Book Closure) |
Reference No | TN-130822-1C39D |
Remarks : |
This First & Final Dividend is subject to the approval by shareholders of Tiong Nam Logistics Holdings Berhad at its forthcoming 24th Annual General Meeting to be held on 14 September 2013. |
TNLOGIS - Annual Report 2013
Company Name | TIONG NAM LOGISTICS HOLDINGS BERHAD |
Stock Name | TNLOGIS |
Date Announced | 23 Aug 2013 |
Category | Document Receipt |
Reference No | JM-130823-62479 |
Annual Report for Financial Year Ended | 31/03/2013 |
Subject | Annual Report 2013 |
SALCON - OTHERS Striking Off of Wholly-Owned Subsidiary Company pursuant to subsection (4) of Section 344 of the Singapore Companies Act
Company Name | SALCON BERHAD |
Stock Name | SALCON |
Date Announced | 23 Aug 2013 |
Category | General Announcement |
Reference No | CK-130822-53171 |
Type | Announcement |
Subject | OTHERS |
Description | Striking Off of Wholly-Owned Subsidiary Company pursuant to subsection (4) of Section 344 of the Singapore Companies Act |
The Board of Directors of Salcon Berhad ("Salcon" or "the Company") wishes to inform that Salcon Water International Pte. Ltd. ("SWIPL"), a wholly-owned subsidiary of the Company, which was incorporated in the Republic of Singapore and is dormant had been struck off from the Singapore's Register of Companies effective 15th August 2013 pursuant to subsection (4) of Section 344 of the Singapore Companies Act as published in the Republic of Singapore Government Gazette dated 23rd August 2013. The striking off of SWIPL does not have any material effect on the earnings and net assets of Salcon Group for the financial year ending 31st December 2013, and the share capital of the Company. This announcement is dated 23rd August 2013. |
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