September 9, 2013

Company announcements: OGAWA, OCTAGON, DOMINAN, YAHORNG, SUCCESS, TGOFFS-WB, RCECAP, PTARAS

OGAWA - OGAWA-RESUMPTION OF TRADING

Announcement Type: Listing Circular
Company NameOGAWA WORLD BERHAD  
Stock Name OGAWA  
Date Announced9 Sept 2013  
CategoryListing Circular
Reference NoYL-130909-44960

LISTING'S CIRCULAR NO. L/Q : 68779 OF 2013

Further to Listing's Circular No. 68774 of 2013, kindly be advised that trading in the above Company's shares will resume with effect from 9.00 a.m., Tuesday, 10 September 2013.

    Your attention is drawn to the Company's announcement dated 9 September 2013.


    OCTAGON - OTHERS MUTUAL TERMINATION AGREEMENT BETWEEN OCTAGON CONSOLIDATED BERHAD (“OCTAGON”) AND ECOBOUND SDN BHD (“ECB”)

    Announcement Type: General Announcement
    Company NameOCTAGON CONSOLIDATED BERHAD  
    Stock Name OCTAGON  
    Date Announced9 Sept 2013  
    CategoryGeneral Announcement
    Reference NoOC-130909-7B0C5

    TypeAnnouncement
    SubjectOTHERS
    DescriptionMUTUAL TERMINATION AGREEMENT BETWEEN OCTAGON CONSOLIDATED BERHAD (“OCTAGON”) AND ECOBOUND SDN BHD (“ECB”)

    Reference is made to the announcements on 18, 19, 21 and 26 June 2013 in relation to Share Sale Agreement (“SSA”) executed between Octagon and Ecobound Sdn Bhd (“ECB”) for Octagon to dispose its entire shareholding in Advanced Pyrotech Sdn Bhd pursuant to the Debt Settlement Agreement, the Board of Directors of Octagon wishes to announce that Octagon and ECB, have, on 9 September 2013, agreed to mutually terminate the SSA dated 18 June 2013 by entering into a mutual termination agreement (“Agreement”) today (“Mutual Termination”).

    The Mutual Termination is not expected to have any material effect on the earnings and net assets of Octagon in the immediate future.

    The full text announcement is enclosed herewith.


    This announcement is dated 9 September 2013.

     

    Attachments

    Octagon_Ann_9Sept2013.pdf
    197 KB



    DOMINAN - OTHERS Corporate Guarantee

    Announcement Type: General Announcement
    Company NameDOMINANT ENTERPRISE BERHAD  
    Stock Name DOMINAN  
    Date Announced9 Sept 2013  
    CategoryGeneral Announcement
    Reference NoCJ-130909-68138

    TypeAnnouncement
    SubjectOTHERS
    DescriptionCorporate Guarantee

    The Board of Directors of Dominant Enterprise Berhad ('DOMINAN') wishes to announce that a Corporate Guarantee of RM3,600,000 (Ringgit Malaysia : Three Million And Six Hundred Thousand Only) in favour of Bangkok Bank Berhad ("BANGKOK BANK") to guarantee BANGKOK BANK for the Banking Facilities granted to DOMINAN's wholly-owned subsidiary, Ikta Sdn. Bhd., had been executed.

    This announcement is dated 9 September 2013.



    YAHORNG - Quarterly rpt on consolidated results for the financial period ended 31/7/2013

    Announcement Type: Financial Results
    Company NameYA HORNG ELECTRONIC (M) BHD  
    Stock Name YAHORNG  
    Date Announced9 Sept 2013  
    CategoryFinancial Results
    Reference NoYH-130726-52128

    Financial Year End31/01/2014
    Quarter2
    Quarterly report for the financial period ended31/07/2013
    The figureshave not been audited

    Attachments

    Quarterly Report 2014 Q2.pdf
    353 KB

    • Default Currency
    • Other Currency

    Currency: Malaysian Ringgit (MYR)

    SUMMARY OF KEY FINANCIAL INFORMATION
    31/07/2013

     
    INDIVIDUAL PERIOD
    CUMULATIVE PERIOD
    CURRENT YEAR QUARTER
    PRECEDING YEAR
    CORRESPONDING
    QUARTER
    CURRENT YEAR TO DATE
    PRECEDING YEAR
    CORRESPONDING
    PERIOD
    31/07/2013
    31/07/2012
    31/07/2013
    31/07/2012
    $$'000
    $$'000
    $$'000
    $$'000
    1Revenue
    28,442
    44,435
    50,540
    73,597
    2Profit/(loss) before tax
    1,876
    2,976
    132
    3,207
    3Profit/(loss) for the period
    1,836
    2,647
    181
    2,845
    4Profit/(loss) attributable to ordinary equity holders of the parent
    1,836
    2,647
    181
    2,845
    5Basic earnings/(loss) per share (Subunit)
    3.96
    5.70
    0.39
    6.13
    6Proposed/Declared dividend per share (Subunit)
    0.00
    0.00
    0.00
    2.00


    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 ($$)
    1.8000
    1.7500
    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


    SUCCESS - PROVISION OF FINANCIAL ASSISTANCE

    Announcement Type: General Announcement
    Company NameSUCCESS TRANSFORMER CORPORATION BERHAD  
    Stock Name SUCCESS  
    Date Announced9 Sept 2013  
    CategoryGeneral Announcement
    Reference NoCM-130909-61350

    TypeAnnouncement
    SubjectPROVISION OF FINANCIAL ASSISTANCE
    DescriptionSUCCESS TRANSFORMER CORPORATION BERHAD (“STC” or “the COMPANY”)
    Provision of Financial Assistance to Boxon Industries Hardware (M) Sdn. Bhd. (“BIH(M)”) by STC

    Pursuant to Paragraph 8.23(1)(iii) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Main LR”) on the provision of financial assistance to subsidiary, the Board of Directors of STC wishes to announce that the Company had on 9 September 2013 provided financial assistance to BIH(M), its 60%-owned subsidiary, in the form of Corporate Guarantee of Ringgit Malaysia Three Million And Five Hundred Thousand Only ( RM3,500,000.00 ) issued in favour of CIMB Bank Berhad (“CIMB”) of 19th Floor Menara Bumiputra-Commerce, 11 Jalan Raja Laut, 50350 Kuala Lumpur, Malaysia.

    The details of the announcement are shown in the attachment.


    This announcement is dated 09 September 2013.




    TGOFFS-WB - Expiry/Maturity of the securities

    Announcement Type: Expiry / Maturity / Termination of Securities
    Company NameTANJUNG OFFSHORE BERHAD  
    Stock Name TGOFFS-WB  
    Date Announced9 Sept 2013  
    CategoryExpiry / Maturity / Termination of Securities
    Reference NoCA-130905-39899

    Type of SecuritiesWarrants
    Type of ExpiryExpiry/Maturity of the securities
    Mode of Satisfaction of Exercise/Conversion PriceTendering of securities
    Exercise/Strike/Conversion PriceMYR 0.5200
    Exercise/ Conversion Ratio1:1
    Settlement Type/ Convertible intoPhysical (Shares)
    Last Date & Time for Trading25/09/2013 05:00 PM
    Date & Time of Suspension 26/09/2013 09:00 AM
    Last Date & Time for Transfer into Depositor's CDS a/c11/10/2013 05:00 PM
    Date & Time of Expiry11/10/2013 05:00 PM
    Date & Time of Delisting 14/10/2013 09:00 AM


    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 Announced9 Sept 2013  
    CategoryNotice of Shares Buy Back - Immediate Announcement
    Reference NoRC-130909-48871

    Date of buy back09/09/2013
    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 ($$)0.270
    Maximum price paid for each share purchased ($$)0.275
    Total consideration paid ($$)13,750.00
    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)3,249,400
    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 (%)0.28


    PTARAS - MULTIPLE PROPOSALS

    Announcement Type: General Announcement
    Company NamePINTARAS JAYA BHD  
    Stock Name PTARAS  
    Date Announced9 Sept 2013  
    CategoryGeneral Announcement
    Reference NoMI-130909-58081

    TypeAnnouncement
    SubjectMULTIPLE PROPOSALS
    DescriptionPINTARAS JAYA BHD (“PINTARAS” OR THE “COMPANY”)

    PROPOSED BONUS ISSUE OF 80,064,000 NEW ORDINARY SHARES OF RM1.00 EACH IN PINTARAS JAYA BERHAD (“PINTARAS SHARES” OR “SHARES”) ON THE BASIS OF ONE (1) PINTARAS SHARE (“BONUS SHARE”) FOR EVERY ONE (1) EXISTING PINTARAS SHARE HELD AT A DATE TO BE DETERMINED AND ANNOUNCED LATER;

    PROPOSED ESTABLISHMENT OF NEW EMPLOYEE SHARE OPTION SCHEME (“ESOS”) INVOLVING UP TO 15% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PINTARAS TO ELIGIBLE DIRECTORS AND EMPLOYEES OF PINTARAS, AND ITS SUBSIDIARIES; AND

    PROPOSED SHARE BUY BACK BY PINTARAS OF UP TO 10% OF ITS OWN ISSUED AND PAID-UP SHARE CAPITAL
    The terms used herein has the same meaning as those defined in the announcement made on 30 July 2013.
    We refer to our announcement made on 30 July 2013 in relation to the Proposals.

    On behalf of the Board of Directors of Pintaras, RHB Investment Bank is pleased to announce that Bursa Securities had, vide its letter dated 6 September 2013 (which was received on 9 September 2013, resolved to approve:

    (i) the listing of up to 80,064,000 Bonus Shares to be issued pursuant to the Proposed Bonus Issue; and
      (ii) the listing of such number of Shares, representing up to 15% of the issued and paid-up ordinary share capital of Pintaras (excluding treasury shares), to be issued pursuant to the exercise of options pursuant to the Proposed ESOS.

      The approval of Bursa Securities for the Proposed Bonus Issue and Proposed ESOS are subject to the following conditions:

      (i) Pintaras and RHB Investment Bank must fully comply with the relevant provisions under the Listing Requirement pertaining to the implementation of the Proposed Bonus Issue;
        (ii) Pintaras and RHB Investment Bank to inform Bursa Securities upon the completion of the Proposed Bonus Issue;
          (iii) Pintaras to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed;
            (iv) Pintaras and RHB Investment Bank are required to make the relevant announcements pursuant to Paragraph 6.35(2)(a)&(b) and 6.35(4) of the Listing Requirement;
              (v) RHB Investment Bank is required to submit a confirmation to Bursa Securities of full compliance of the ESOS pursuant to Paragraph 6.43(1) of the Listing Requirement stating the effective date of implementation;
                (vi) Pintaras is required to furnish Bursa Securities on a quarterly basis a summary of the total number of ESOS shares listed as at the end of each quarter together with a detailed computation of listing fees payable;
                  (vii) Certified true copy of the resolution passed by the shareholders in general meeting approving the Proposals; and
                    (viii) To incorporate the comment(s) made in the circular to shareholders provided in the same letter.

                    This announcement is dated 9 September 2013.


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