August 23, 2013

Company announcements: TROP, AXIATA, VASTALX, RCECAP, HARVEST, FSBM, ITRONIC

TROP - Changes in Sub. S-hldr's Int. (29B) - TAN SRI DATO' TAN CHEE SING

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameTROPICANA CORPORATION BERHAD  
Stock Name TROP  
Date Announced23 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoTC-130823-61014

Particulars of substantial Securities Holder

NameTAN SRI DATO' TAN CHEE SING
AddressNO. 8, JALAN TR 5/2
TROPICANA GOLF & COUNTRY RESORT
47100 PETALING JAYA
SELANGOR DARUL EHSAN
NRIC/Passport No/Company No.550510-01-5357
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holderALIRAN FIRASAT SDN BHD
C-06-02, 6TH FLOOR,
BLOCK C, WISMA TT
NO. 1, JALAN PJS 8/15
DATARAN MENTARI
46150 PETALING JAYA
SELANGOR DARUL EHSAN

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed23/08/2013
50,000,000
 
Acquired23/08/2013
50,000,000
 

Circumstances by reason of which change has occurredDIRECT BUSINESS TRANSACTION
- FROM ALIRAN FIRASAT SDN BHD TO TAN SRI DATO' TAN CHEE SING
Nature of interestDIRECT INTEREST & INDIRECT INTEREST
Direct (units)291,751,830 
Direct (%)27.03 
Indirect/deemed interest (units)418,001,537 
Indirect/deemed interest (%)38.72 
Total no of securities after change709,753,367
Date of notice23/08/2013

Remarks :
PARTICULARS OF DIRECT AND INDIRECT INTEREST AFTER CHANGE

ORDINARY SHARES
Direct Interest :
- 291,751,830 ordinary shares are held by Tan Sri Dato' Tan Chee Sing and/or various bare trustees' pledged and non-pledged securities accounts

Indirect Interest (Deemed interest pursuant to Section 6A of the Companies Act, 1965):
- 164,015,521 ordinary shares are held by Impeccable Ace Sdn Bhd and/or various bare trustees' pledged and non-pledged securities accounts.
- 163,986,016 ordinary shares are held by Golden Diversity Sdn Bhd and/or various bare trustees' pledged and non-pledged securities accounts.
- 90,000,000 ordinary shares are held by Aliran Firasat Sdn Bhd.

WARRANTS 2009/2019
Direct Interest
- 49,304,036 warrants are held by Tan Sri Dato' Tan Chee Sing and/or various bare trustees' pledged and non-pledged securities accounts.

Indirect Interest
- 15,636,917 warrants are held by Impeccable Ace Sdn Bhd and/or various bare trustees' pledged and non-pledged securities accounts.
- 9,164,033 warrants are held by Golden Diversity Sdn Bhd and/or various bare trustees' pledged and non-pledged securities accounts.

This announcement is dated 23 August 2013.


TROP - Changes in Director's Interest (S135) - TAN SRI DATO' TAN CHEE SING

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameTROPICANA CORPORATION BERHAD  
Stock Name TROP  
Date Announced23 Aug 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoTC-130823-D617E

Information Compiled By KLSE

Particulars of Director

NameTAN SRI DATO' TAN CHEE SING
AddressNO. 8, JALAN TR 5/2
TROPICANA GOLF & COUNTRY RESORT
47100 PETALING JAYA
SELANGOR DARUL EHSAN
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
50,000,000
 
Acquired
23/08/2013
50,000,000
 

Circumstances by reason of which change has occurredDIRECT BUSINESS TRANSACTION
- FROM ALIRAN FIRASAT SDN BHD TO TAN SRI DATO' TAN CHEE SING
Nature of interestDIRECT INTEREST & INDIRECT INTEREST
Consideration (if any) 

Total no of securities after change

Direct (units)291,751,830 
Direct (%)27.03 
Indirect/deemed interest (units)418,001,537 
Indirect/deemed interest (%)38.72 
Date of notice23/08/2013

Remarks :
PARTICULARS OF DIRECT AND INDIRECT INTEREST AFTER CHANGE

ORDINARY SHARES
Direct Interest :
- 291,751,830 ordinary shares are held by Tan Sri Dato' Tan Chee Sing and/or various bare trustees' pledged and non-pledged securities accounts

Indirect Interest (Deemed interest pursuant to Section 6A of the Companies Act, 1965):
- 164,015,521 ordinary shares are held by Impeccable Ace Sdn Bhd and/or various bare trustees' pledged and non-pledged securities accounts.
- 163,986,016 ordinary shares are held by Golden Diversity Sdn Bhd and/or various bare trustees' pledged and non-pledged securities accounts.
- 90,000,000 ordinary shares are held by Aliran Firasat Sdn Bhd.

WARRANTS 2009/2019
Direct Interest
- 49,304,036 warrants are held by Tan Sri Dato' Tan Chee Sing and/or various bare trustees' pledged and non-pledged securities accounts.

Indirect Interest
- 15,636,917 warrants are held by Impeccable Ace Sdn Bhd and/or various bare trustees' pledged and non-pledged securities accounts.
- 9,164,033 warrants are held by Golden Diversity Sdn Bhd and/or various bare trustees' pledged and non-pledged securities accounts.

RCULS
RM437,681,436 nominal value of RCULS are solely held by Aliran Firasat Sdn Bhd.

This announcement is dated 23 August 2013.


AXIATA - 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 NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced23 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-130823-6D629

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 holder1) Employees Provident Fund Board ("EPF Board")
Ibu Pejabat KWSP, Bangunan KWSP
Jalan Raja Laut, 50350 Kuala Lumpur

2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board
3) Citigroup EPF Board (AMUNDI)
4) Citigroup EPF Board (KIB)
5) Citigroup EPF Board (HDBS)
6) Citigroup EPF Board (RHB INV)
7) Citigroup EPF Board (AM INV)
8) Citigroup EPF Board (MAYBAN)
9) Citigroup EPF Board (ALLIANCE)
10) Citigroup EPF Board (NOMURA)
11) Citigroup EPF Board (CIMB PRI)
12) Citigroup EPF Board (ARIM)
13) Citigroup EPF Board (TEMPLETON)
14) Citigroup EPF Board (ABERDEEN)
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)
Acquired19/08/2013
4,819,500
 
Disposed19/08/2013
175,000
 

Circumstances by reason of which change has occurred1. Citigroup EPF Board - Acquisition of 4,819,500 shares
2. Citigroup EPF Board (ARIM) - Disposal of 175,000 shares
Nature of interestDirect
Direct (units)1,042,726,106 
Direct (%)12.22 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,042,726,106
Date of notice20/08/2013

Remarks :
1) The total number of 1,042,726,106 ordinary shares comprised of the following:-

a) Citigroup EPF Board - 935,193,006
b) EPF Board - 3,332,900
c) Citigroup EPF Board (AMUNDI) - 4,120,250
d) Citigroup EPF Board (KIB) - 660,000
e) Citigroup EPF Board (HDBS) - 12,354,775
f) Citigroup EPF Board (RHB INV) - 2,116,400
g) Citigroup EPF Board (AM INV) - 11,272,650
h) Citigroup EPF Board (MAYBAN) - 1,800,000
i) Citigroup EPF Board (ALLIANCE) - 2,450,000
j) Citigroup EPF Board (NOMURA) - 33,646,300
k) Citigroup EPF Board (CIMB PRI) - 23,372,625
l) Citigroup EPF Board (ARIM) - 2,700,000
m) Citigroup EPF Board (TEMPLETON) - 4,007,200
n) Citigroup EPF Board (ABERDEEN) - 5,700,000

2) Form 29B received on 22 August 2013


AXIATA - 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 NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced23 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-130823-6D9A5

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 holder1) Employees Provident Fund Board ("EPF Board")
Ibu Pejabat KWSP, Bangunan KWSP
Jalan Raja Laut, 50350 Kuala Lumpur

2) Citigroup Nominees (Tempatan) Sdn Bhd ("Citigroup") EPF Board
3) Citigroup EPF Board (AMUNDI)
4) Citigroup EPF Board (KIB)
5) Citigroup EPF Board (HDBS)
6) Citigroup EPF Board (RHB INV)
7) Citigroup EPF Board (AM INV)
8) Citigroup EPF Board (MAYBAN)
9) Citigroup EPF Board (ALLIANCE)
10) Citigroup EPF Board (NOMURA)
11) Citigroup EPF Board (CIMB PRI)
12) Citigroup EPF Board (ARIM)
13) Citigroup EPF Board (TEMPLETON)
14) Citigroup EPF Board (ABERDEEN)
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)
Acquired20/08/2013
8,000,000
 
Disposed20/08/2013
70,000
 
Disposed20/08/2013
200,000
 
Disposed20/08/2013
300,000
 

Circumstances by reason of which change has occurred1. Citigroup EPF Board - Acquisition of 8,000,000 shares
2. Citigroup EPF Board (HDBS) - Disposal of 70,000 shares
3. Citigroup EPF Board (Mayban) - Disposal of 200,000 shares
4. Citigroup EPF Board (ARIM) - Disposal of 300,000 shares
Nature of interestDirect
Direct (units)1,050,156,106 
Direct (%)12.3 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change1,050,156,106
Date of notice21/08/2013

Remarks :
1) The total number of 1,050,156,106 ordinary shares comprised of the following:-

a) Citigroup EPF Board - 943,193,006
b) EPF Board - 3,332,900
c) Citigroup EPF Board (AMUNDI) - 4,120,250
d) Citigroup EPF Board (KIB) - 660,000
e) Citigroup EPF Board (HDBS) - 12,284,775
f) Citigroup EPF Board (RHB INV) - 2,116,400
g) Citigroup EPF Board (AM INV) - 11,272,650
h) Citigroup EPF Board (MAYBAN) - 1,600,000
i) Citigroup EPF Board (ALLIANCE) - 2,450,000
j) Citigroup EPF Board (NOMURA) - 33,646,300
k) Citigroup EPF Board (CIMB PRI) - 23,372,625
l) Citigroup EPF Board (ARIM) - 2,400,000
m) Citigroup EPF Board (TEMPLETON) - 4,007,200
n) Citigroup EPF Board (ABERDEEN) - 5,700,000

2) Form 29B received on 23 August 2013


AXIATA - Changes in Sub. S-hldr's Int. (29B) - AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAXIATA GROUP BERHAD  
Stock Name AXIATA  
Date Announced23 Aug 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAG-130823-A29A0

Particulars of substantial Securities Holder

NameAmanahRaya Trustees Berhad
-Skim Amanah Saham Bumiputera
AddressTingkat 4, Balai PNB
201-A, Jalan Tun Razak
50400 Kuala Lumpur
NRIC/Passport No/Company No.766894-T
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderAmanahRaya Trustees Berhad -Skim Amanah Saham Bumiputera, Tingkat 4, Balai PNB, 201-A, Jalan Tun Razak, 50400 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed19/08/2013
3,000,000
 

Circumstances by reason of which change has occurredDisposal of 3,000,000 shares by AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera
Nature of interestDirect
Direct (units)688,207,100 
Direct (%)8.06 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change688,207,100
Date of notice19/08/2013

Remarks :
Form 29B received on 23 August 2013


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

Announcement Type: General Announcement
Company NameVASTALUX ENERGY BERHAD  
Stock Name VASTALX  
Date Announced23 Aug 2013  
CategoryGeneral Announcement
Reference NoMI-130823-66049

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description
VASTALUX ENERGY BERHAD (“VEB” OR “COMPANY”)

• PROPOSED SHARE EXCHANGE;
• PROPOSED ISSUANCE OF SHARES;
• PROPOSED OFFER FOR SALE;
• PROPOSED TRANSFER OF LISTING STATUS; AND
• PROPOSED DISPOSAL OF VEB

(COLLECTIVELY REFERRED TO AS THE “PROPOSED RESTRUCTURING SCHEME”)

We refer to the announcements made in relation to the Proposed Restructuring Scheme dated 7 March 2012, 8 March 2012, 24 May 2012, 28 May 2012, 14 December 2012, 7 May 2013, 11 June 2013, 16 July 2013, 23 July 2013, 24 July 2013 and 15 August 2013 (“Announcements”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise defined herein.

On behalf of the Company, KIBB wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 21 August 2013, approved the following:

a) admission to the Official List of the Main Market of Bursa Securities (“Official List”) and the listing of and quotation for the entire issued and paid-up share capital of BOP of up to RM124,812,817.80 comprising 624,064,089 ordinary shares of RM0.20 each in BOP on “Trading/Services” sector of the Main Market of Bursa Securities, in place of VEB, which will be delisted;

b) admission to the Official List and the listing of and quotation for up to RM41,604,273 5-Year 3.5% Redeemable Convertible Unsecured Loan Stocks (“RCULS”) of RM0.20 each to be issued pursuant to the Proposed Restructuring Scheme;

c) listing of and quotation for up to 208,021,363 new BOP Shares to be issued pursuant to the conversion of the RCULS; and

d) listing of and quotation for such number of additional new ordinary shares of RM0.20 each, to be issued pursuant to the exercise of options under the employees share option scheme (“ESOS”) of BOP, representing up to 5% of the issued and paid-up ordinary share capital of BOP.

The above approval by Bursa Securities is subject to the following conditions:

1) BOP and KIBB must fully comply with the relevant provisions under the Bursa Securities Main Market Listing Requirements (“LR”) pertaining to the implementation of the Proposed Restructuring Scheme;

2) BOP and KIBB to inform Bursa Securities upon the completion of the Proposed Restructuring Scheme;

3) BOP to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Restructuring Scheme is completed;

4) Confirmation from KIBB that BOP complies with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the LR together with a certificate of distribution of the shares in the format contained in Part B(1)(d) of Annexure PN21-A of the LR;

5) BOP is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the conversion of RCULS and exercise of ESOS respectively, as at the end of each quarter together with a detailed computation of listing fee payable; and

6) KIBB is required to submit a confirmation to Bursa Securities of full compliance of the ESOS pursuant to paragraph 6.43(1) of the LR and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting.

Further, Bursa Securities has also, vide its letter dated 21 August 2013, granted the VEB/BOP the following:

a) an extension of time from the date of listing up to the date of the next annual general meeting (“AGM”) or EGM, whichever is held earlier, to procure shareholders’ ratification for recurrent related party transaction of a revenue or trading nature (“RRPT”) to be entered into by BOP and its subsidiaries;

b) a waiver from complying with the disclosure obligations pursuant to Paragraph 10.09(1) of the LR for all RRPTs to be entered into from the date of listing and which have been disclosed in Section 4.1.4 of Appendix II of the Explanatory Statement-cum-Circular. However, BOP is required to comply with the disclosure obligations as set out in Paragraph 10.09(1) of the LR in respect of the RRPTs which have not been disclosed in the Explanatory Statement-cum-Circular; and

c) a shortening of Book Closure Date (“BCD”) notice period from 10 market days to 5 market days for the proposed offer for RCULS and Proposed Share Exchange.

This announcement is dated 23 August 2013.


RCECAP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameRCE CAPITAL BERHAD  
Stock Name RCECAP  
Date Announced23 Aug 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoRC-130823-2DEF4

Date of buy back23/08/2013
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)50,000
Minimum price paid for each share purchased ($$)0.275
Maximum price paid for each share purchased ($$)0.275
Total consideration paid ($$)13,850.63
Number of shares purchased retained in treasury (units)50,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)2,124,300
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 (%)0.18


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

Announcement Type: General Announcement
Company NameHARVEST COURT INDUSTRIES BHD  
Stock Name HARVEST  
Date Announced23 Aug 2013  
CategoryGeneral Announcement
Reference NoOS-130823-62452

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionHARVEST COURT INDUSTRIES BERHAD ("HCIB" OR THE "COMPANY")

RIGHTS ISSUE WITH WARRANTS

We refer to the Company’s announcements dated 13 July 2011, 12 October 2011, 11 January 2012, 12 and 16 April 2012, 12 July 2012, 6 August 2012, 30 August 2012, 7 September 2012, 10 October 2012, 22 October 2012, 18 February 2013, 5 March 2013, 16 July 2013 and 18 July 2013 in relation to the Rights Issue with Warrants (“Announcements”).


Abbreviations and definitions used in this announcement shall be the same as those previously defined in the Announcements unless defined otherwise.


On behalf of the Board, TA Securities wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants at 5.00 p.m. on 16 August 2013 (“Closing Date”), HCIB had received valid acceptances and excess applications for a total of 110,172,093 Rights Shares. This represents an over subscription of approximately 66.03% over the total number of Rights Shares available under the Rights Issue with Warrants.


The details of valid acceptances and excess applications received as at the Closing Date are as follows:-


 

No. of Rights Shares

% of total rights

Total valid acceptances

60,240,387

90.78

Total valid excess applications

49,931,706

75.25

Total valid acceptances and excess applications

110,172,093

166.03

Total Rights Shares available for subscription

66,356,050

100.00

Over subscription

43,816,043

66.03


Accordingly, the excess Rights Shares will be allocated in accordance with the basis as stated in the abridged prospectus dated 30 July 2013 in relation to the Rights Issue with Warrants as follows:-

(i)  firstly, to minimise the incidence of odd lots;

(ii)  secondly, for allocation to the Entitled Shareholders and/or renouncee(s) who have applied for the Excess Rights Shares with Warrants, on a pro-rata basis and in board lot, calculated based on their acceptance of the Rights Shares; and

(iii)  thirdly, for allocation to the Entitled Shareholders and/or renouncee(s) who have accepted the Rights Shares based on (ii) above, who have applied for the Excess Rights Shares with Warrants on a pro-rata basis and in board lot, calculated based on the quantum of their respective Excess Rights Shares with Warrants application.


The Rights Shares and Rights Warrants are expected to be listed on the Main Market of Bursa Securities on 30 August 2013.


This announcement is dated 23 August 2013.



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

Announcement Type: General Announcement
Company NameFSBM HOLDINGS BERHAD  
Stock Name FSBM  
Date Announced23 Aug 2013  
CategoryGeneral Announcement
Reference NoMM-130822-57023

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionFSBM HOLDINGS BERHAD (“FSBM” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 17,844,029 NEW ORDINARY SHARES OF RM0.30 EACH IN FSBM (“FSBM SHARES” OR “SHARES”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF FSBM AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”)

(For consistency, all the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcement in relation to the Proposed Private Placement, where applicable, unless stated otherwise or defined herein)

Reference is made to the announcement dated 21 August 2013 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of FSBM Holdings Berhad, Public Investment Bank Berhad wishes to announce that the listing application to Bursa Malaysia Securities Berhad in relation to the Proposed Private Placement had been submitted on 23 August 2013.

This announcement is dated 23 August 2013.



ITRONIC - Change in Principal Officer

Announcement Type: Change in Principal Officer
Company NameINDUSTRONICS BERHAD  
Stock Name ITRONIC  
Date Announced23 Aug 2013  
CategoryChange in Principal Officer
Reference NoCC-130823-66730

Date of change23/08/2013
NameLIM JIT FU
Age53
NationalityMalaysian
DesignationChief Executive Officer
Type of changeCessation of Office
ReasonDue to expiration of contract
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsMr. Lim graduated with a degree in Bachelor of Electrical & Electronics Engineering from University of Texas, Austin, Texas USA and Master of Business Administration from Texas Tech University, Texas USA.
Working experience and occupation He was appointed as the Chief Executive Officer of Industronics on 24 August 2010. Prior to his appointment as Chief Executive Officer, Mr. Lim was the Acting Chief Executive Officer of Industronics, a position he held since 30 June 2008.

Mr. Lim has over 20 years working experience in the electronic and semiconductor industries. He has 4 years experience working with a leading multi-national semiconductor company in various positions - training development engineer, manufacturing and later in customer service planning. He joined Industronics in 1991 as Head of Marketing Department and was promoted to General Manager in 1997. Amongst others Mr. Lim had vast experience in Public Information Display and Airport Systems and had successfully headed the implementation and integration of two major international airports Flight Information Display Systems.
Directorship of public companies (if any)
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 subsidiariesDirect interest : 353,400 shares

Indirect interest : 75,500 shares

Remarks :
Mr Lim Jit Fu will resume his position as General Manager of the Company on 24 August 2013


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