October 8, 2013

Company announcements: ANCOMLB, GPACKET, INSBIO

ANCOMLB - OTHERS ANCOM LOGISTICS BERHAD ("ALB" or the "Company") (i) Proposed Distribution of part of the proceeds arising from the Proposed Disposal (as defined herein) to all Entitled Shareholders of ALB ("Proposed Distribution"); and (ii) Proposed Amendments to ALB's Memorandum and Articles of Association ("M&A") pursuant to the Proposed Distribution ("Proposed M&A Amendment") (Collectively referred to as "Proposals").

Announcement Type: General Announcement
Company NameANCOM LOGISTICS BERHAD (ACE Market) 
Stock Name ANCOMLB  
Date Announced8 Oct 2013  
CategoryGeneral Announcement
Reference NoCU-131008-63352

TypeAnnouncement
SubjectOTHERS
DescriptionANCOM LOGISTICS BERHAD ("ALB" or the "Company")

(i) Proposed Distribution of part of the proceeds arising from the Proposed Disposal (as defined herein) to all Entitled Shareholders of ALB ("Proposed Distribution"); and

(ii) Proposed Amendments to ALB's Memorandum and Articles of Association ("M&A") pursuant to the Proposed Distribution ("Proposed M&A Amendment")

(Collectively referred to as "Proposals").
The abbreviations and words used in the ensuing sections of this announcement shall have the same meaning as defined in the announcement dated 23 August 2013 unless the context otherwise requires or defined herewith ("First Announcement").
We refer to the announcements made on 23 August 2013 and 27 August 2013 in relation to the Proposed Disposal.

In the First Announcement, MIDF Amanah Investment Bank Berhad ("MIDF Investment"), on behalf of the Board had announced that STL, a wholly-owned subsidiary of the Company had, on 23 August 2013, entered into a conditional share sale agreement ("SSA") with CWT in relation to the proposed disposal of 7,911,192 SSM Shares, representing 100% of the issued and paid-up share capital of SSM, by STL, to CWT for a total disposal consideration as set out in the SSA, to be fully satisfied by cash ("Proposed Disposal").

As set out in the First Announcement, it is the intention of the Board to distribute part of the proceeds from the Proposed Disposal to the shareholders of ALB via special cash dividends (depending on the amount of retained profits of ALB available upon completion of the Proposed Disposal) and any other means, such as capital repayment, the method of which will be determined at a later stage by the Board of ALB.

Pursuant thereto, on behalf of the Board, MIDF Investment wishes to announce that, upon completion of the Propose Disposal, ALB shall, subject to obtaining all requisite approvals, undertake a distribution of approximately RM37.9 million to the entitled shareholders of ALB ("Entitled Shareholders") or equivalent to RM0.08 per ordinary share of RM0.10 each in ALB ("ALB Share") to the Entitled Shareholders ("Proposed Distribution") by way of:

(i) Proposed declaration and payment of part of the Disposal Consideration as a special cash dividend on the basis of RM0.04 per ALB Share to the Entitled Shareholders on the entitlement date ("Entitlement Date"), which will be determined by the Board and announced in due course; and

(ii) Proposed capital reduction as follows:

(a) proposed capital reduction which will involve the reduction of the Company's existing issued and paid-up share capital pursuant to Section 64 of the Companies Act 1965 (the "Act"); and

(b) proposed cancellation of the share premium account of the Company pursuant to Sections 60 and 64 of the Act;

which will be applied towards the setting-off against the accumulated losses of the Company and distributing part of the Disposal Consideration to the Entitled Shareholders on the Entitlement Date.

(Collectively, referred to as "Proposed Capital Reduction and Repayment").

Pursuant to the Proposed Capital Reduction and Repayment, the Company is also proposing to amend its M&A to facilitate the implementation of the Proposed Capital Reduction and Repayment.

Further details on the Proposals are set out in the attachment below.

This announcement is dated 8 October 2013.


GPACKET - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Ong Leong Huat @ Wong Joo Hwa

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGREEN PACKET BERHAD  
Stock Name GPACKET  
Date Announced8 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGP-131008-C94EA

Particulars of substantial Securities Holder

NameTan Sri Ong Leong Huat @ Wong Joo Hwa
Address21, Persiaran Basong, Damansara Heights, 50490 Kuala Lumpur
NRIC/Passport No/Company No.440405-08-5313
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.20 each
Name & address of registered holderOSK Technology Ventures Sdn Bhd
7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed04/10/2013
5,000,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestIndirect Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)115,904,275 
Indirect/deemed interest (%)16.9 
Total no of securities after change115,904,275
Date of notice08/10/2013

Remarks :
The calculation of total issued and paid-up capital of 685,697,869 ordinary shares of RM0.20 excludes treasury shares of 4,707,700.

Deemed interested by virtue of his substantial shareholdings in OSK Ventures International Berhad, the holding company of OSK Technology Ventures Sdn Bhd


GPACKET - Changes in Sub. S-hldr's Int. (29B) - OSK Ventures International Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGREEN PACKET BERHAD  
Stock Name GPACKET  
Date Announced8 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGP-131008-57546

Particulars of substantial Securities Holder

NameOSK Ventures International Berhad
Address7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur
NRIC/Passport No/Company No.636117-K
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.20 each
Name & address of registered holderOSK Technology Ventures Sdn Bhd
7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed04/10/2013
5,000,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestIndirect Interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)115,904,275 
Indirect/deemed interest (%)16.9 
Total no of securities after change115,904,275
Date of notice08/10/2013

Remarks :
The calculation of total issued and paid-up capital of 685,697,869 ordinary shares of RM0.20 excludes treasury shares of 4,707,700.

Deemed interested by virtue of OSK Ventures International Berhad being the holding company of OSK Technology Ventures Sdn Bhd.


GPACKET - Changes in Sub. S-hldr's Int. (29B) - OSK Technology Ventures Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGREEN PACKET BERHAD  
Stock Name GPACKET  
Date Announced8 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGP-131008-56740

Particulars of substantial Securities Holder

NameOSK Technology Ventures Sdn Bhd
Address7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur
NRIC/Passport No/Company No.319604-V
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.20 each
Name & address of registered holderOSK Technology Ventures Sdn Bhd
7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed04/10/2013
5,000,000
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect Interest
Direct (units)115,904,275 
Direct (%)16.9 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change115,904,275
Date of notice08/10/2013

Remarks :
The calculation of total issued and paid-up capital of 685,697,869 ordinary shares of RM0.20 each excludes treasury shares of 4,707,700


INSBIO - Notice of Interest Sub. S-hldr (29A) - Datin Teh Hooi Tyug

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced8 Oct 2013  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoCC-131007-DB698

Particulars of Substantial Securities Holder

NameDatin Teh Hooi Tyug
AddressLot 569, No. 55
Jalan Cinta Alam
Country Heights
43000 Kajang
Selangor Darul Ehsan
NRIC/Passport No/Company No.690601-08-6040
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderHerbs World Online Sdn. Bhd.
No. 1, Jalan Industri PBP 11
Taman Perindustrian Pusat Bandar Puchong
47100 Puchong
Selangor Darul Ehsan

Grand Competence Sdn. Bhd.
Lot 6.08, 6th Floor
Plaza First Nationwide
No. 161, Jalan Tun H.S. Lee
50000 Kuala Lumpur

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired07/10/2013
No of securities90,331,587
Circumstances by reason of which Securities Holder has interestAcquisition
Nature of interestIndirect
Price Transacted ($$)

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)90,331,587 
Indirect/deemed interest (%)31.58 
Date of notice08/10/2013

Remarks :
Deemed interest by virtue of her shareholding in Grand Competence Sdn. Bhd. and Herbs World Online Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965.


INSBIO - Changes in Director's Interest (S135) - Datuk Yeat Sew Chuong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced8 Oct 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-131007-C4E34

Information Compiled By KLSE

Particulars of Director

NameDatuk Yeat Sew Chuong
AddressLot 569, No.55, Jalan Cinta Alam
Country Heights
43000 Kajang
Selangor Darul Ehsan
Descriptions(Class & nominal value)Ordinary Shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
07/10/2013
14,018,894
0.005 
Acquired
07/10/2013
32,933,127
0.005 
Disposed
08/10/2013
57,398,460
0.005 
Acquired
08/10/2013
57,398,460
0.005 

Circumstances by reason of which change has occurredDisposal of shares by Datuk Yeat Sew Chuong and Datin Teh Hooi Tyug.
Acquisition of shares by Grand Competence Sdn. Bhd. and Herbs World Online Sdn. Bhd.
Nature of interestDirect and Indirect
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)90,331,587 
Indirect/deemed interest (%)31.58 
Date of notice08/10/2013

Remarks :
Deemed interest by virtue of his shareholding in Grand Competence Sdn. Bhd. and Herbs World Online Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965.


INSBIO - Notice of Interest Sub. S-hldr (29A) - Herbs World Online Sdn. Bhd.

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced8 Oct 2013  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoCC-131007-D483E

Particulars of Substantial Securities Holder

NameHerbs World Online Sdn. Bhd.
AddressNo. 1, Jalan Industri PBP 11
Taman Perindustrian Pusat Bandar Puchong
47100 Puchong
Selangor Darul Ehsan
NRIC/Passport No/Company No.762870-V
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderHerbs World Online Sdn. Bhd.
No. 1, Jalan Industri PBP 11
Taman Perindustrian Pusat Bandar Puchong
47100 Puchong
Selangor Darul Ehsan

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired08/10/2013
No of securities57,398,460
Circumstances by reason of which Securities Holder has interestAcquisition
Nature of interestDirect
Price Transacted ($$)

Total no of securities after change

Direct (units)57,398,460 
Direct (%)20.07 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice08/10/2013


INSBIO - Notice of Interest Sub. S-hldr (29A) - Grand Competence Sdn. Bhd.

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced8 Oct 2013  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoCC-131007-C3EDF

Particulars of Substantial Securities Holder

NameGrand Competence Sdn. Bhd.
AddressLot 6.08, 6th Floor
Plaza First Nationwide
No. 161, Jalan Tun H.S. Lee
50000 Kuala Lumpur
NRIC/Passport No/Company No.869475-X
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderGrand Competence Sdn. Bhd.
Lot 6.08, 6th Floor
Plaza First Nationwide
No. 161, Jalan Tun H.S. Lee
50000 Kuala Lumpur

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired07/10/2013
No of securities32,933,127
Circumstances by reason of which Securities Holder has interestAcquisition
Nature of interestDirect
Price Transacted ($$)

Total no of securities after change

Direct (units)32,933,127 
Direct (%)11.51 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice08/10/2013


INSBIO - Changes in Sub. S-hldr's Int. (29B) - Datuk Yeat Sew Chuong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced8 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-131007-C4E2A

Particulars of substantial Securities Holder

NameDatuk Yeat Sew Chuong
AddressLot 569, No. 55
Jalan Cinta Alam
Country Heights
43000 Kajang
Selangor Darul Ehsan
NRIC/Passport No/Company No.691217-08-6091
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderDatuk Yeat Sew Chuong
Lot 569, No. 55
Jalan Cinta Alam
Country Heights
43000 Kajang
Selangor Darul Ehsan

Grand Competence Sdn. Bhd.
Lot 6.08, 6th Floor
Plaza First Nationwide
No. 161, Jalan Tun H.S. Lee
50000 Kuala Lumpur

Herbs World Online Sdn. Bhd.
No. 1, Jalan Industri PBP 11
Taman Perindustrian Pusat Bandar Puchong
47100 Puchong
Selangor Darul Ehsan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed07/10/2013
14,018,894
0.005 
Acquired07/10/2013
32,933,127
0.005 
Disposed08/10/2013
57,398,460
0.005 
Acquired08/10/2013
57,398,460
 

Circumstances by reason of which change has occurredDisposal of shares by Datuk Yeat Sew Chuong and Datin Teh Hooi Tyug.
Acquisition of shares by Grand Competence Sdn. Bhd. and Herbs World Online Sdn. Bhd.
Nature of interestDirect and Indirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)90,331,587 
Indirect/deemed interest (%)31.58 
Total no of securities after change90,331,587
Date of notice08/10/2013

Remarks :
Deemed interest by virtue of his shareholding in Grand Competence Sdn. Bhd. and Herbs World Online Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965.


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

Announcement Type: General Announcement
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced8 Oct 2013  
CategoryGeneral Announcement
Reference NoOS-131008-B24F7

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
DescriptionINS BIOSCIENCE BERHAD ("INSBIO" or "the Company")
- SUSPENSION AND DELISTING

We refer to the Company's announcement dated 2 October 2013 in relation to Bursa Malaysia Securities Berhad's ("Bursa Securities") notice of suspension of the trading in the securities of INSBIO with effect from 9 October 2013 and the delisting of the securities of the Company from the Official List of Bursa Securities on 11 October 2013.

On behalf of the Board of Directors of INSBIO, M&A Securities Sdn Bhd wishes to announce that the appeal to Bursa Securities against the abovesaid delisting of INSBIO's securities has been submitted on 8 October 2013.

This announcement is dated 8 October 2013.



No comments:

Post a Comment