APM - OTHERS INCORPORATION OF NEW COMPANY IN MYANMAR
Company Name | APM AUTOMOTIVE HOLDINGS BERHAD |
Stock Name | APM |
Date Announced | 16 Oct 2013 |
Category | General Announcement |
Reference No | AA-131016-57539 |
Type | Announcement | ||||||
Subject | OTHERS | ||||||
Description | INCORPORATION OF NEW COMPANY IN MYANMAR | ||||||
The Board of Directors of APM Automotive Holdings Berhad (“APM” or “the Company”) is pleased to inform that Myanmar Investment Commission (“MIC”) has issued a Permit dated 23 August 2013 to approve an investment proposal by APM Automotive Myanmar Ltd and APM Automotive Indochina Ltd (“Labuan Subsidiaries”), Labuan incorporated subsidiaries of APM Group for manufacturing and marketing of automotive parts and modules in the industrial area of Bago Region, Myanmar (“Project”) under the name of APM Auto Components Myanmar Co., Ltd. To undertake the Project, Labuan Subsidiaries have submitted to the Ministry of National Planning and Economic Development of Myanmar to establish a new subsidiary with the name of APM Auto Components Myanmar Co., Ltd. (“APM Myanmar”) in the Republic of the Union of Myanmar under its Companies Act, 1913 and the permanent certificate of incorporation dated 10 October 2013 was received by the Company on 16 October 2013. APM Myanmar will have an authorised capital of USD10,000,000 divided into 10,000,000 of USD1 each. The minimum required capital, which is internally funded, is USD150,000 of which USD75,000 has been paid up. The shareholders of APM Myanmar are:- The MIC Permit is for a period of 50 years, commencing from the date of the signing of a Land Lease Agreement between APM Myanmar and the Bago Region Government, and extendable for further periods of two terms of 10 years each. The Permit allows for certain tax exemptions and reliefs applicable upon implementation of the Project as provided for under the Myanmar Foreign Investment Law. These include income tax exemptions, exemption and reliefs from customs taxes and internal taxes for machineries and equipment for the construction of the manufacturing plant. The manufacturing plant in Bago, sited on a 30 acre leased land, is planned for manufacturing and marketing of automotive parts and modules by the APM Group. Construction of the plant will commence within one year from the date of the MIC Permit and completion is expected in three years. The initial outlay of APM Group for the construction of manufacturing plant, purchase of machineries and equipment for the first three years is estimated at USD9.0 million and will be funded internally and from external borrowings. The Project has no material effect on the earnings and net tangible assets of APM Group for the financial year ending 31 December 2013. None of the directors and substantial shareholders of the Company has any interest, direct or indirect, in the incorporation of APM Myanmar. This announcement is dated 16 October 2013. |
HYTEXIN - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Company Name | HYTEX INTEGRATED BERHAD |
Stock Name | HYTEXIN |
Date Announced | 16 Oct 2013 |
Category | General Announcement |
Reference No | CA-131016-66539 |
Type | Announcement |
Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
Description | Hytex Integrated Berhad- Receipt of Petitions for Winding-up |
The Board of the Company wishes to inform that Hytex Integrated Berhad (“HIB” or the “Company”) and its subsidiary, Hytex Apparels Sdn. Bhd. (“HASB”) had received petitions for winding-up. The details of the petitions is set out in the file attached. |
EWEIN - OTHERS EWEIN BERHAD ("EWEIN" OR "THE COMPANY") - INCORPORATION OF A NEW SUBSIDIARY, EWEIN ZENITH SDN BHD ("EWEIN ZENITH")
Company Name | EWEIN BERHAD |
Stock Name | EWEIN |
Date Announced | 16 Oct 2013 |
Category | General Announcement |
Reference No | CC-131010-59833 |
Type | Announcement |
Subject | OTHERS |
Description | EWEIN BERHAD ("EWEIN" OR "THE COMPANY") - INCORPORATION OF A NEW SUBSIDIARY, EWEIN ZENITH SDN BHD ("EWEIN ZENITH") |
The Board of Directors of EWEIN is pleased to announce that the Company has incorporated a 60% owned subsidiary named Ewein Zenith Sdn Bhd ("Ewein Zenith") under the Companies Act, 1965 on 16 October 2013. The authorised capital of Ewein Zenith is RM5,000,000 comprising 5,000,000 ordinary shares of RM1.00 each. The paid-up share capital of Ewein Zenith is RM1,000,000 divided into 1,000,000 ordinary shares of RM1.00 each, of which 600,000 ordinary shares of RM1.00 each are held by EWEIN and the remaining 400,000 ordinary shares of RM1.00 each are held by Zenith Construction Sdn Bhd. |
FRB - OTHERS FORMIS RESOURCES BERHAD (“FRB” OR THE “COMPANY”) ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN (LTIP)
Company Name | FORMIS RESOURCES BERHAD |
Stock Name | FRB |
Date Announced | 16 Oct 2013 |
Category | General Announcement |
Reference No | OS-131016-61945 |
Type | Announcement |
Subject | OTHERS |
Description | FORMIS RESOURCES BERHAD (“FRB” OR THE “COMPANY”) ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN (LTIP) |
We refer
to the announcements dated 22, 27 August 2013, 5, 9 and 24 September 2013 in
relation to the establishment of a long-term incentive plan for the eligible
employees and directors of FRB and its subsidiaries which are not dormant (“Announcements”). Abbreviations and definitions used in this announcement shall be the same as those previously defined in the Announcements unless otherwise defined. On behalf of Board of
Directors of FRB, TA Securities Holdings Berhad wishes to announce that the
effective date of implementation of the LTIP is on 16 October 2013 which is the
date of full compliance with all relevant requirements of Paragraph 6.43(1) of
the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) including the
following:- (i) submission of the final copy of the By-Laws to Bursa Securities; (ii) receipt of approval from Bursa Securities for the issuance and listing of the FRB shares to be issued under the LTIP; and (iii) receipt of approval from the shareholders of FRB for the LTIP.
This announcement is
dated 16 October 2013. |
UBB - Change Of Company Secretary
Company Name | UNITED BINTANG BERHAD |
Stock Name | UBB |
Date Announced | 16 Oct 2013 |
Category | Change Of Company Secretary |
Reference No | CP-131016-58310 |
Date of change | 16/10/2013 |
Type of change | Appointment |
Designation | Joint Secretary |
License no. | MAICSA 0673097 |
Name | Gunn Chit Geok |
Working experience and occupation during past 5 years |
UBB - Change Of Company Secretary
Company Name | UNITED BINTANG BERHAD |
Stock Name | UBB |
Date Announced | 16 Oct 2013 |
Category | Change Of Company Secretary |
Reference No | CP-131016-58108 |
Date of change | 16/10/2013 |
Type of change | Appointment |
Designation | Joint Secretary |
License no. | MAICSA 7019191 |
Name | Chew Siew Cheng |
Working experience and occupation during past 5 years |
UBB - Change Of Company Secretary
Company Name | UNITED BINTANG BERHAD |
Stock Name | UBB |
Date Announced | 16 Oct 2013 |
Category | Change Of Company Secretary |
Reference No | CP-131016-59149 |
Date of change | 16/10/2013 |
Type of change | Resignation |
Designation | Secretary |
License no. | MAICSA 0877479 |
Name | Lim Lai Sam |
Working experience and occupation during past 5 years |
YOKO - Notice of Shares Buy Back - Immediate Announcement
Company Name | YOKOHAMA INDUSTRIES BERHAD |
Stock Name | YOKO |
Date Announced | 16 Oct 2013 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | CC-131016-3F57A |
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