IRIS - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
Announcement Type: General Announcement
| Company Name | IRIS CORPORATION BERHAD (ACE Market) |
| Stock Name | IRIS |
| Date Announced | 2 Sept 2013 |
| Category | General Announcement |
| Reference No | CU-130902-47201 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | IRIS CORPORATION BERHAD ("ICB" OR "THE COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO TWENTY-FIVE PERCENT (25%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF ICB ("PROPOSED PRIVATE PLACEMENT") |
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposed Private Placement. Reference is made to the announcements dated 2 August 2013, 7 August 2013 and 13 August 2013 in relation to the Proposed Private Placement. On behalf of the Board of Directors of ICB, MIDF Amanah Investment Bank Berhad is pleased to announce that the listing application in relation to the Proposed Private Placement had been submitted to Bursa Malaysia Securities Berhad on 2 September 2013. This announcement is dated 2 September 2013. | |
GPRO - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | GPRO TECHNOLOGIES BERHAD (ACE Market) |
| Stock Name | GPRO |
| Date Announced | 2 Sept 2013 |
| Category | Change in Boardroom |
| Reference No | CS-130902-55301 |
| Date of change | 30/08/2013 |
| Name | Heng Fook Hee, Robert |
| Age | 53 |
| Nationality | Malaysian |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Type of change | Resignation |
| Reason | Personal Commitments. |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | Bachelor of Science (Honours), University of Manchester, Institute of Science and Technology (UMIST). |
| Working experience and occupation | Mr Heng Fook Hee, Robert, has been the Chief Executive Officer of Metrojaya Bhd., a subsidiary of Malayan United Industries Bhd. since January 6, 2005. He joined Metrojaya Berhad in 1988 and held various merchandising positions until 1988. He served as a Merchandising Manager for Allders International (Oceania) Pty Ltd., which is part of the Allders Group from 1988 to 1991. He then rejoined Metrojaya in 1991 to head the Specialty Store division. In 1998, he was seconded to Laura Ashley Holdings plc., UK as the Chief Operating Officer (COO) until November 2002. He has been an Executive Director of Metrojaya Bhd. since November 1, 2002. In 2009, Mr Heng moved on to join Malaysia Land Properties Sdn. Bhd.(Mayland) as Chief Operating Officer. |
| Directorship of public companies (if any) | Nil. |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil. |
| Any conflict of interests that he/she has with the listed issuer | Nil. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil. |
| Remarks : |
| This announcement is dated 2 September 2013. |
GPRO - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | GPRO TECHNOLOGIES BERHAD (ACE Market) |
| Stock Name | GPRO |
| Date Announced | 2 Sept 2013 |
| Category | Change in Audit Committee |
| Reference No | CS-130902-56612 |
| Date of change | 30/08/2013 |
| Name | Heng Fook Hee, Robert |
| Age | 53 |
| Nationality | Malaysian |
| Type of change | Cessation of Office |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Science (Honours), University of Manchester, Institute of Science and Technology (UMIST). |
| Working experience and occupation | Mr Heng Fook Hee, Robert, has been the Chief Executive Officer of Metrojaya Bhd., a subsidiary of Malayan United Industries Bhd. since January 6, 2005. He joined Metrojaya Berhad in 1988 and held various merchandising positions until 1988. He served as a Merchandising Manager for Allders International (Oceania) Pty Ltd., which is part of the Allders Group from 1988 to 1991. He then rejoined Metrojaya in 1991 to head the Specialty Store division. In 1998, he was seconded to Laura Ashley Holdings plc., UK as the Chief Operating Officer (COO) until November 2002. He has been an Executive Director of Metrojaya Bhd. since November 1, 2002. In 2009, Mr Heng moved on to join Malaysia Land Properties Sdn. Bhd.(Mayland) as Chief Operating Officer. |
| Directorship of public companies (if any) | Nil. |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil. |
| Any conflict of interests that he/she has with the listed issuer | Nil. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil. |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Lee Chee Cheng (Independent Non-Executive Director) - Audit Committee Chairman. 2) Cheung Ming Chi (Independent Non-Executive Director) - Audit Committee member. |
| Remarks : |
| Mr Heng Fook Hee, Robert, ceased to be a member of the Audit Committee upon his resignation as an Independent Non-Executive Director with effect from 30 August 2013. The Board will appoint additional Audit Committee members to comply with Rule 15.09(1)(c) of the ACE Listing Requirements in due course. |
GDEX - MULTIPLE PROPOSALS
Announcement Type: General Announcement
| Company Name | GD EXPRESS CARRIER BERHAD |
| Stock Name | GDEX |
| Date Announced | 2 Sept 2013 |
| Category | General Announcement |
| Reference No | MI-130902-58310 |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | GD EXPRESS CARRIER BHD (“GDEX” OR THE “COMPANY”) PROPOSED SUBDIVISION OF EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 EACH IN GDEX (“GDEX SHARES”) INTO TWO (2) ORDINARY SHARES OF RM0.05 EACH IN GDEX (“SUBDIVIDED SHARES”) (“PROPOSED SHARE SPLIT”); PROPOSED ISSUANCE OF ONE (1) NEW SUBDIVIDED SHARE (“BONUS SHARES”) FOR EVERY TWO (2) SUBDIVIDED SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY WHOSE NAME APPEAR IN THE RECORD OF DEPOSITORS OF THE COMPANY AS AT THE CLOSE OF BUSINESS (“ENTITLED SHAREHOLDERS”) ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“ENTITLEMENT DATE”) (“PROPOSED BONUS ISSUE”); AND PROPOSED ESTABLISHMENT OF A DIVIDEND REINVESTMENT PLAN THAT PROVIDES THE SHAREHOLDERS OF GDEX THE OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN THE SUBDIVIDED SHARES IN GDEX (“PROPOSED DRP”) (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
Contents: On behalf of the Board of Directors of GDEX, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake the following: (i) proposed subdivision of every one (1) GDEX Share into two (2) Subdivided Shares in GDEX;
(iii) proposed establishment of a dividend reinvestment plan that provides the shareholders of GDEX with the option to elect to reinvest their cash dividends in Subdivided Shares. Please refer to the attachment for further details of the announcement. This announcement is dated 2 September 2013. | |
INSBIO - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
| Company Name | INS BIOSCIENCE BERHAD (ACE Market) |
| Stock Name | INSBIO |
| Date Announced | 2 Sept 2013 |
| Category | General Announcement |
| Reference No | CC-130902-D4C06 |
| Regularisation Sponsor | M&A Securities Sdn Bhd |
| Sponsor | Same as above |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description | Reference is made to the First Announcement made by the Company on 30 August 2012, and the monthly announcements made on 1 October 2012, 1 November 2012, 3 December 2012, 2 January 2013, 4 February 2013, 1 March 2013, 1 April 2013, 2 May 2013, 3 June 2013, 1 July 2013 and 1 August 2013 respectively, in compliance with Rule 4.1(b) of Guidance Note ("GN") 3 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"). Premised on the First Announcement and the monthly announcements, the last day for submission of the Regularisation Plan by the Company to Bursa Securities and obtain Bursa Securities' approval to implement the said Regularisation Plan would be by 29 August 2013. The Company had on 26 August 2013 announced that it had submitted an application to Bursa Securities to extend the deadline for submission of the Company’s regularisation plan for Bursa Securities’ approval to 30 November 2013 (“Application”). Bursa Securities had via its letter dated 28 August 2013 informing 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 2 September 2013. |
KEYWEST - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
| Company Name | KEY WEST GLOBAL TELECOMMUNICATIONS BERHAD (ACE Market) |
| Stock Name | KEYWEST |
| Date Announced | 2 Sept 2013 |
| Category | General Announcement |
| Reference No | CS-130902-47EA4 |
| Regularisation Sponsor | AmInvestment Bank Bhd |
| Sponsor | Same as above |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description | KEY WEST GLOBAL TELECOMMUNICATIONS BERHAD (“the Company” or “KeyWest”) - ANNOUNCEMENT PURSUANT TO GUIDANCE NOTE ("GN") 3 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR ACE MARKET ("ACE LR") ("MONTHLY ANNOUNCEMENT") |
Reference is made to the Company's Monthly Announcement dated 1 August 2013 for the month of August 2013. The Board of Directors of KeyWest wishes to announce that there is no further development to the regularisation plan of the Company, save for those which had been previously announced. The Company have submitted, vide its Regularisation Sponsor, AmInvestment Bank Berhad, its Regularisation Plan to Bursa Malaysia Securities Berhad on 23 May 2013. This announcement is dated 2 September 2013. | |
MICROLN - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | MICROLINK SOLUTIONS BERHAD (ACE Market) |
| Stock Name | MICROLN |
| Date Announced | 2 Sept 2013 |
| Category | Change in Audit Committee |
| Reference No | CC-130829-49401 |
| Date of change | 02/09/2013 |
| Name | Chan Hiok Khiang |
| Age | 57 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Science (Engineering) with 1st Class Honors from Imperial College London. |
| Working experience and occupation | Mr Chan Hiok Khiang has over 25 years of experience in management and engineering consulting. He was formerly a consulting partner with Accenture, the largest global management consulting firm. Before he resigned from Accenture in December 2004, he was head of Products Industry for Malaysia and Thailand with special emphasis on automotive and health care. He spent a total of 21 years with Accenture in Kuala Lumpur and Singapore. While with Accenture, he served in a variety of industries and management positions including being responsible for staff training, recruitment and business process consulting for Malaysia and eCommerce in Asia. In his role as a management consultant, he led and managed large IT systems implementation projects, developed business and technology strategy for large enterprises and led numerous business consulting engagements. Between 2000 and 2002, he was one of the general partners dealing with venture capital investments and corporate development work for Accenture in Asia Pacific. Between 2005 and 2009, he served as an independent director with IFCA MSC Sdn Bhd. He currently serves as an Independent Non-Executive Director on the board of Diversified Gateway Solutions Berhad. |
| Directorship of public companies (if any) | 1. Diversified Gateway Solutions Berhad. |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Mr Tai Keat Chai - Chairman 2) Mr Chan Hiok Khiang - Member 3) Mr Monteiro Gerard Clair - Member |
MICROLN - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | MICROLINK SOLUTIONS BERHAD (ACE Market) |
| Stock Name | MICROLN |
| Date Announced | 2 Sept 2013 |
| Category | Change in Audit Committee |
| Reference No | CC-130829-49662 |
| Date of change | 02/09/2013 |
| Name | Monteiro Gerard Clair |
| Age | 42 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Non Independent & Non Executive |
| Qualifications | Mr Monteiro Gerard completed his A Levels in 1991 in Prime College, Kuala Lumpur. |
| Working experience and occupation | Mr Monteiro Gerard joined the workforce as a sales agent for Riken Auto Sdn Bhd ("RASB") in 1992. RASB was a company dealing in the sale of used cars, both local and imported/reconditioned cars. He consistently performed as the top salesman in RASB during that time. In 1994, in recognition of his sales performance he was appointed as a Director of RASB, and its sister company, Riken Marine Sdn Bhd, which was involved in selling luxury boats to local and regional customers. With his team, he built up the turnover of RASB in excess of RM100 million annually. He continued his involvement with the Riken group of companies until 1998 when he left. In 1999, he set up Optima Auto Sdn Bhd ("Optima") and served as its Managing Director ("MD"). Optima was a company involved in the sale of used cars, both local and imported/reconditioned. As MD, he was responsible for the long term growth and prospects of the company, its operations, and its profitability. Optima was a smaller set up, and during his tenure, Optima consistently registered turnover of approximately RM80 million annually. He left Optima in 2005 to venture into the property industry, via the establishment of Monteray Sdn Bhd (investment holding), Monteray Properties Sdn Bhd (property investment) and Monteray Land Sdn Bhd (property development). He was a shareholder as well as director in those companies. He currently maintains his directorship in Monteray Land Sdn Bhd. It was there that he obtained his experience and insight into all aspects of the property industry. In 2008, he set up Pacific Regal Sdn Bhd ("PRSB") and Red Zone Development Sdn Bhd ("RDZSB") which are investment holding companies for various projects and investments undertaken. He was subsequently appointed as a director in RDZSB in November 2010 and in PRSB in April 2011. In September 2011, he was appointed as Executive Vice Chairman of Montprimo Sdn Bhd ("Montprimo"), a company involved in property development. On 2 July 2012, he was appointed as Executive Director of Formis Resources Berhad. Mr Monteiro Gerard was also an established sportsman, representing Malaysia in squash at both junior and senior levels. In 1988 he was the National Junior Champion (Under 19s), and in 1989 he captained the National Junior Team to the Asian Junior Squash Championships (where the team finished second) and the East Asian Junior Squash Championships (Champion). He then progressed to the Senior Team, where he also participated in the Manurewa Open in New Zealand in 1989 where he finished third. In 1991 he won the Malaysian Sukma games, and in 1992, he finished third in the Malaysian Closed Championship. |
| Directorship of public companies (if any) | 1. Formis Resources Berhad and Group. 2. Formis Holdings Berhad. |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | 1) Microlink Solutions Berhad ("MSB"): a) Deemed Interest: 122,380,482 fully paid-up ordinary shares of RM0.10 each in MSB held by virtue of his substantial shareholding 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. |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Mr Tai Keat Chai - Chairman 2) Mr Chan Hiok Khiang - Member 3) Mr Monteiro Gerard Clair - Member |
MICROLN - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | MICROLINK SOLUTIONS BERHAD (ACE Market) |
| Stock Name | MICROLN |
| Date Announced | 2 Sept 2013 |
| Category | Change in Audit Committee |
| Reference No | CC-130829-49113 |
| Date of change | 02/09/2013 |
| Name | Tai Keat Chai |
| Age | 59 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | - FCA (Institute of Chartered Accountants in England & Wales) - CA (Malaysian Institute of Accountants |
| Working experience and occupation | 1978-1981: Qualified assistant/Assistant Manager of Price Waterhouse (now known as PwC) 1981-1988: Assistant Manager/Manager/Senior Manager (Corporate Finance) of Amanah Merchant Bank Berhad (now known as Alliance Investment Bank Berhad) 1988-1989: Manager of Price Waterhouse Associates Sdn Bhd (now known as PwC Consulting Sdn Bhd) 1989-1990: General Manager-Investment of Berjaya Group Berhad 1990-1991: General Manager of SJ Securities Sdn Bhd 1991-1996: Executive Director of JB Securities Sdn Bhd (now known as A.A. Anthony Securities Sdn Bhd) 1996- 2001: Dealer’s representative of BBMB Securities Sdn Bhd (now known as Kenanga Investment Bank Berhad) 2001 to date: Director of Fiscal Corporate Services Sdn Bhd |
| Directorship of public companies (if any) | 1. Chuan Huat Resources Berhad 2. Cuscapi Berhad 3. Silk Holdings Berhad 4. Formis Resources Berhad 5. MIDF Amanah Investment Bank Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Composition of Audit Committee (Name and Directorate of members after change) | 1) Mr Tai Keat Chai - Chairman 2) Mr Chan Hiok Khiang - Member 3) Mr Monteiro Gerard Clair - Member |
MICROLN - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | MICROLINK SOLUTIONS BERHAD (ACE Market) |
| Stock Name | MICROLN |
| Date Announced | 2 Sept 2013 |
| Category | Change in Boardroom |
| Reference No | CC-130815-8FB1C |
| Date of change | 02/09/2013 |
| Name | David Hii Chin Yun |
| Age | 42 |
| Nationality | Malaysian |
| Designation | Director |
| Directorate | Non Independent & Non Executive |
| Type of change | Resignation |
| Reason | Change of Board Representation due to completion of the recent Conditional Voluntary Take-Over Offer. |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | Bachelors degree with first class honours in Computer Science from Monash University in Australia. |
| Working experience and occupation | In 1995, he joined a Malaysian bank as an electronic data processing officer where he was a member of the systems engineering team which designed, implemented and maintained the bank’s online banking platform. |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
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