FLONIC - MULTIPLE PROPOSALS
| Company Name | FLONIC HI-TEC BHD (ACE Market) |
| Stock Name | FLONIC |
| Date Announced | 23 Sept 2013 |
| Category | General Announcement |
| Reference No | OS-130923-44835 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | FLONIC HI-TEC BHD (“FLONIC” OR “COMPANY”) (I) PAR VALUE REDUCTION; (II) VARIATION TO THE UTILISATION OF PROCEEDS; AND (III) AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF THE COMPANY FOR THE PAR VALUE REDUCTION (COLLECTIVELY, REFERRED TO AS “PROPOSALS”) |
(All abbreviations used in this announcement are defined in the
announcement dated 21 June 2013) We refer to the announcements dated 21 June 2013 and 18 September 2013 in relation to the Proposals.
On behalf of the Board,
M&A Securities wishes to announce that an office copy of the sealed order
of the High Court of Malaya confirming the par value reduction has been lodged
with the Companies Commission of Malaysia on 23 September 2013, upon which the
Par Value Reduction shall take effect. Hence, the Par Value Reduction is deemed
completed.
Shareholders of Flonic
should note that the Par Value Reduction does not affect the number or the
rights attaching to the ordinary shares of Flonic held by them. All the
ordinary shares of Flonic credited in the securities accounts of Flonic’s
shareholders shall be unaffected except for the reduction in par value of each
ordinary share of Flonic from RM0.10 to RM0.05. The share price of Flonic will
not be adjusted pursuant to the Par Value Reduction.
Following the completion of
a Par Value Reduction, the exercise price of the 139,963,254 2012/2017 Warrants
has been adjusted from RM0.10 to RM0.05, which will take effect from 9.00 a.m.
on 24 September 2013, being the next market day following the lodgement of the
sealed order granted by the High Court of Malaya confirming the Par Value
Reduction with the Companies Commission of Malaysia.
This announcement is dated 23
September 2013. | |
FLONIC - Profile for Warrants
| Company Name | FLONIC HI-TEC BHD (ACE Market) |
| Stock Name | FLONIC |
| Date Announced | 23 Sept 2013 |
| Category | Listing Information & Profile |
| Reference No | OS-130722-37732 |
| Instrument Type | Warrants |
| Description | Free detachable warrants ("Warrants") issued pursuant to the renounceable rights issue of 209,944,931 new ordinary shares RM0.10 each in Flonic Hi-Tec Bhd ("Flonic Shares") ("Rights Issue with Warrants") |
| Listing Date | 22/06/2012 |
| Issue Date | 19/06/2012 |
| Issue/ Ask Price | Not Applicable |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 139,963,254 |
| Maturity Date | 18/06/2017 |
| Revised Maturity Date | |
| Exercise/ Conversion Period | 5.00Year(s) |
| Revised Exercise/ Conversion Period |  |
| Exercise/Strike/Conversion Price | MYR 0.1000 |
| Revised Exercise/Strike/Conversion Price | MYR 0.0500 |
| Exercise/ Conversion Ratio | 1 Warrant : 1 Flonic Share |
| Revised Exercise/ Conversion Ratio | |
| Mode of satisfaction of Exercise/ Conversion price | Cash |
| Settlement Type/ Convertible into | Physical (Shares) |
| Remarks : |
| The Warrants are issued free pursuant to the Right Issue with Warrants on the basis of two (2) Warrants for every three (3) Rights Shares subscribed. Following the completion of a par value reduction exercise completed on 23 September 2013, the exercise price of the Warrants has been adjusted from RM0.10 to RM0.05, and will take effect from 9.00 a.m. on 24 September 2013, being the next market day following the lodgement of the sealed order granted by the High Court of Malaya confirming the Par Value Reduction with the Companies Commission of Malaysia. Each Warrant entitles the holder to subscribe for one (1) new Flonic Share at the exercise price of RM0.05 at any time from and inclusive of the Issue Date until the Maturity Date (inclusive) ("Exercise Period"), subject to adjustments in accordance with the provision of the deedpoll dated 11 May 2012 constituting the Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid. |
ASIABIO - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | ASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) |
| Stock Name | ASIABIO |
| Date Announced | 23 Sept 2013 |
| Category | General Announcement |
| Reference No | OS-130923-4D1D0 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | ASIA BIOENERGY TECHNOLOGIES BERHAD (“ASIABIO” OR THE “COMPANY”) DISPOSAL OF 1,143,434 ORDINARY SHARES OF RM1.00 EACH IN PLATINUM NANOCHEM SDN BHD (“PNSB”) (REPRESENTING 1.56% OF THE EQUITY INTEREST IN PNSB) BY ASIABIO, TO BIOFUTURES INTERNATIONAL PLC (“BIP”) FOR A TOTAL CONSIDERATION OF 1,471,310, TO BE SATISFIED BY THE ISSUANCE OF 21,018,714 BIP SHARES TO ASIABIO AT THE ISSUE PRICE OF 0.07 PER BIP SHARE (“DISPOSAL”) • PROPOSED SHAREHOLDERS’ RATIFICATION FOR THE DISPOSAL (“PROPOSED RATIFICATION”) |
We
refer to the earlier announcements made by the Company in relation to the
Disposal:
(i) announcement dated 11 December 2012,
wherein the Board of Directors of AsiaBio (“Board”) had announced the execution
of a Share Sale Agreement on 10 December 2012 between BIP and the vendors of PNSB
(including AsiaBio which was then holding 1,143,434 ordinary shares of RM1.00
each in PNSB (“PNSB Shares”)) for the sale of entire issued share capital of PNSB
comprising 73,481,290 PNSB Shares, 4,000,000 redeemable convertible cumulative
preference shares of RM0.10 each and 15,000,000 redeemable convertible
cumulative preference shares of RM1.00 each, for a total consideration of
80,808,081 to be satisfied by the issuance of 1,154,401,154 BIP ordinary shares
(“BIP Shares”), based on the issue price of 0.07 per BIP Shares and the
exchange rate of 1:RM4.846 (“Disposal”).
As such, AsiaBio shall own in total,
14,272,958 BIP Shares, representing 1.08% of the
share capital of BIP. The highest percentage ratio applicable to the Disposal
pursuant to Rule 10.02(g) of the ACE Market Listing Requirement of Bursa
Malaysia Securities Berhad (“Bursa Securities”) was 19.7%, and as such, the
approval of shareholders of AsiaBio was not required for the Disposal.
(ii) announcement
dated 26 March 2013, wherein the Board had announced that the Disposal was completed
on 26 March 2013 following the approval of the shareholders of BIP during the
Extraordinary General Meeting held on 25 March 2013 with a revision to the
number of shares to be issued as consideration. Pursuant thereto, the vendors
of PNSB had executed supplemental documents wherein AsiaBio will receive
21,018,714 BIP Shares (“Amended Agreement”) which Total Platinum Holdings Sdn
Bhd, the main promoter of PNSB having a 12-month option to acquire the BIP
Shares at a price of 0.06 per share i.e. a total consideration of 1,261,123
(or RM 5,873,049 based on an exchange rate of 1:RM4.657) (“Option Agreement”).
In
relation thereto, the highest percentage ratio applicable to the Amended
Agreement and Option Agreement pursuant to Rule 10.02(g) of the ACE Market
Listing Requirements of Bursa Securities was 24.05%.
(iii) announcement
dated 8 April 2013, wherein the Board had announced that Bursa Securities had
informed that the highest percentage ratio applicable for the Disposal pursuant
to Rule 10.02(g) of the ACE Market Listing Requirements of Bursa Securities was
27.8% and therefore shareholders’ approval would be required for the Disposal.
On even date, the Company had written in to Bursa Securities to seek for a
waiver on the requirement for the shareholders’ approval and the appointment of
sponsor/advisor for the Disposal (“Waiver Application”).
(iv) announcement
dated 12 July 2013, wherein the Board had announced that Bursa Securities had
rejected the Waiver Application and required the Company to seek shareholders’
ratification for the Disposal (“Proposed Ratification”).
On behalf
of the Board of Directors of AsiaBio, M&A Securities Sdn Bhd (“M&A
Securities”) is pleased to announce that M&A Securities has been appointed
as the Adviser to the Company for the Proposed Ratification. In relation
thereto, an extraordinary general meeting shall be convened to seek the
shareholders’ approval for the Proposed Ratification, the time and date of
which will be set out in a circular to be issued to shareholders.
This announcement is dated 23 September 2013. | |
AMBANK - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AMMB HOLDINGS BERHAD |
| Stock Name | AMBANK |
| Date Announced | 23 Sept 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AH-130923-5C807 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Citigroup 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 820,000 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 (MAYBAN) 5. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) [Acquisition of 1,000,000 shares] 6. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (CIMB PRI) 7. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) [Acquisition of 100,000 shares] 8. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (TEMPLETON) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 18/09/2013 | 1,920,000 |
| Remarks : |
| This notice was received on 23 September 2013. |
L&G - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | LAND & GENERAL BERHAD |
| Stock Name | L&G |
| Date Announced | 23 Sept 2013 |
| Category | General Announcement |
| Reference No | MM-130919-67068 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | LAND & GENERAL BERHAD (“L&G” OR “COMPANY”) RENOUNCEABLE RIGHTS ISSUE OF RM77,779,589 NOMINAL VALUE OF FIVE (5)-YEAR, 1%, IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS (“ICULS”) AT 100% OF THE NOMINAL VALUE OF RM0.13 EACH (“RIGHTS ICULS”) ON THE BASIS OF RM0.13 NOMINAL VALUE OF THE ICULS FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.20 EACH IN L&G HELD AT 5.00 P.M. ON 29 AUGUST 2013 (“RIGHTS ISSUE OF ICULS”) |
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcements, where applicable, unless stated otherwise or defined herein.) Reference is made to the Company’s announcements made on 9 April 2013, 20 May 2013, 17 June 2013, 28 June 2013, 6 August 2013, 15 August 2013 and 28 August 2013 in relation to the Proposals. On behalf of the Board of Directors of L&G (“Board”), Public Investment Bank Berhad wishes to announce that as at the close of acceptance and payment for the Rights Issue of ICULS at 5.00 p.m. on 13 September 2013 (“Closing Date”), the total valid acceptances and excess applications received were 893,928,176 Rights ICULS under the Rights Issue of ICULS. This represents an over-subscription of 295,623,646 Rights ICULS or approximately 49.41% over the total of 598,304,530 Rights ICULS available for subscription under the Rights Issue of ICULS. The details of the total valid acceptances and excess applications received as at the Closing Date for the Rights Issue of ICULS are set out in Table 1. The Board has applied the basis in allocating the excess Rights ICULS as set out in the Abridged Prospectus dated 29 August 2013, which is as follows: (i) firstly, to minimise the incidence of odd lots; (ii) secondly, after the occurrence of (i) above, for allocation to our Entitled Shareholders who have applied for the excess Rights ICULS on a pro-rata basis and in board lot, calculated based on their respective shareholdings as at the Entitlement Date; (iii) thirdly, after the occurrence of (i) and (ii) above, for allocation to our Entitled Shareholders who have applied for the excess Rights ICULS on a pro-rata basis and in board lot, calculated based on the quantum of their respective excess Rights ICULS application; and (iv) lastly, after the occurrence of (i), (ii) and (iii) above, for allocation to renouncee(s)/transferee(s) who have applied for the excess Rights ICULS on a pro-rata basis and in board lot, based on the quantum of their respective excess Rights ICULS application. The Rights ICULS are expected to be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 30 September 2013. This announcement is dated 23 September 2013. | |
POS - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | POS MALAYSIA BERHAD |
| Stock Name | POS |
| Date Announced | 23 Sept 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PM-130923-F79FC |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | 1) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 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 (RHB INV) 5) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI) 6) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON) 7) Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 18/09/2013 | 300,000 | |
| Acquired | 18/09/2013 | 30,000 |
| Remarks : |
| The total number of 50,635,100 shares are held as follows :- 1) 32,548,500 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 2) 1,500,000 shares are registered in the name of Employees Provident Fund Board 3) 3,530,000 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI) 4) 762,800 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV) 5) 7,408,100 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (CIMB PRI) 6) 555,700 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON) 7) 4,330,000 shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN) The Form 29B dated 19 September 2013 was received by the Company on 23 September 2013. |
VERSATL - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
| Company Name | VERSATILE CREATIVE BERHAD |
| Stock Name | VERSATL |
| Date Announced | 23 Sept 2013 |
| Category | General Announcement |
| Reference No | VC-130923-63892 |
| Type | Announcement |
| Subject | TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) |
| Description | VERSATILE CREATIVE BERHAD (“VCB” or “COMPANY”) - Receipt of Notice of Take-Over Offer (“Exit Offer”) from Iris Healthcare Sdn Bhd (“IHSB”), a wholly owned subsidiary of IRIS Corporation Berhad (“ICB”), Versatile Credit & Leasing Sdn Bhd (“VCLSB”), Datuk Tan Say Jim (“Datuk Tan”) and Dato’ Lee Kwee Hiang (“Dato’ Lee”) (IHSB, VCLSB, Datuk Tan and Dato’ Lee, collectively referred to as the, “Joint Offerors”) |
Further to the announcement made earlier today, the Board (except for Shahabuddin bin Abdullah, Dato’ Eow Kwan Hoong, Lee Seng Hoong, Syed Abdullah bin Syed Abd Kadir and Chan Feoi Chun) has deliberated on the Exit Offer and do not intend to seek an alternative person to make a take-over offer for the Offer Shares. The Board (except for the afore-mentioned persons) has appointed M&A Securities Sdn Bhd as the independent advisor to advise the Board and the holders of the Offer Shares in relation to the Exit Offer. This announcement is dated 23 September 2013. | |
AIRPORT - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | MALAYSIA AIRPORTS HOLDINGS BERHAD |
| Stock Name | AIRPORT |
| Date Announced | 23 Sept 2013 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | MA-130923-3665F |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Incorporated in Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board Employees Provident Fund Board (CIMB PRI) Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 18/09/2013 | 1,749,900 | |
| Acquired | 18/09/2013 | 964,700 |
| Remarks : |
| The announcement is based on the Form 29B dated 19 September 2013 which was received on 23 September 2013. |
GLOMAC - OTHERS Press Statement on Glomac Berhad's unaudited results for the 1st Quarter ended 31 July 2013
| Company Name | GLOMAC BERHAD |
| Stock Name | GLOMAC |
| Date Announced | 23 Sept 2013 |
| Category | General Announcement |
| Reference No | CS-130923-64462 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Press Statement on Glomac Berhad's unaudited results for the 1st Quarter ended 31 July 2013 |
We are pleased to enclose herewith a press release made by Glomac Berhad dated 23 September 2013 in conjunction with the announcement of Glomac Berhad's unaudited results for the 1st Quarter ended 31 July 2013. | |
GLOMAC - Quarterly rpt on consolidated results for the financial period ended 31/7/2013
| Company Name | GLOMAC BERHAD |
| Stock Name | GLOMAC |
| Date Announced | 23 Sept 2013 |
| Category | Financial Results |
| Reference No | CS-130912-62729 |
| Financial Year End | 30/04/2014 |
| Quarter | 1 |
| Quarterly report for the financial period ended | 31/07/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/07/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 162,271 | 161,069 | 162,271 | 161,069 |
| 2 | Profit/(loss) before tax | 34,520 | 33,867 | 34,520 | 33,867 |
| 3 | Profit/(loss) for the period | 24,982 | 23,796 | 24,982 | 23,796 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 24,133 | 20,996 | 24,133 | 20,996 |
| 5 | Basic earnings/(loss) per share (Subunit) | 3.37 | 3.72 | 3.37 | 3.72 |
| 6 | Proposed/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 ($$) | 1.1600 | 1.1200 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
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