October 1, 2013

Company announcements: INSTACO, INSBIO, TEXCYCL, KEYWEST, CONNECT, MNC

INSTACO - Changes in Director's Interest (S135) - NGU SING HIENG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameINSTACOM GROUP BERHAD (ACE Market) 
Stock Name INSTACO  
Date Announced1 Oct 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCZ-131001-5181B

Information Compiled By KLSE

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above

Particulars of Director

NameNGU SING HIENG
Address357, TAMAN ROSEWOOD,
JALAN TABUAN DAYAK,
93350 KUCHING, SARAWAK
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
26/09/2013
1,000,000
0.280 

Circumstances by reason of which change has occurredDISPOSAL
Nature of interestDIRECT
Consideration (if any) 

Total no of securities after change

Direct (units)70,225,500 
Direct (%)10 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice01/10/2013

Remarks :
This announcement is dated 1 October 2013


INSTACO - Changes in Sub. S-hldr's Int. (29B) - NGU SING HIENG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameINSTACOM GROUP BERHAD (ACE Market) 
Stock Name INSTACO  
Date Announced1 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCZ-131001-51810

Admission SponsorRHB Investment Bank Bhd
SponsorSame as above

Particulars of substantial Securities Holder

NameNGU SING HIENG
Address357, TAMAN ROSEWOOD,
JALAN TABUAN DAYAK,
93350 KUCHING, SARAWAK
NRIC/Passport No/Company No.630720-13-5461
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holderNGU SING HIENG
357, TAMAN ROSEWOOD,
JALAN TABUAN DAYAK,
93350 KUCHING, SARAWAK

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed26/09/2013
1,000,000
0.280 

Circumstances by reason of which change has occurredDISPOSAL
Nature of interestDIRECT
Direct (units)70,225,500 
Direct (%)10 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change70,225,500
Date of notice01/10/2013

Remarks :
This annoucement is dated 1 October 2013


INSBIO - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced1 Oct 2013  
CategoryChange in Audit Committee
Reference NoCC-130930-32407

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
Date of change01/10/2013
NameDatuk Seri Tan Chai Ho
Age64
NationalityMalaysian
Type of changeRetirement
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 
Composition of Audit Committee (Name and Directorate of members after change)Dato' Sri Ang Lai Hee, Independent Non-Executive Director
Khoo Keat, Non-Independent Non-Executive Director


INSBIO - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced1 Oct 2013  
CategoryChange in Boardroom
Reference NoCC-130930-60001

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
Date of change01/10/2013
NameDatuk Seri Tan Chai Ho
Age64
NationalityMalaysian
Type of changeRetirement
DesignationChairman & Director
DirectorateIndependent & Non Executive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any) 
Family relationship with any director and/or major shareholder of the listed issuer 
Any conflict of interests that he/she has with the listed issuer 
Details of any interest in the securities of the listed issuer or its subsidiaries 


INSBIO - GN3- SUSPENSION AND DE-LISTING

Announcement Type: Listing Circular
Company NameINS BIOSCIENCE BERHAD (ACE Market) 
Stock Name INSBIO  
Date Announced1 Oct 2013  
CategoryListing Circular
Reference NoUM-131001-63052

LISTING'S CIRCULAR NO. L/Q : 68898 OF 2013


    INS BIOSCIENCE BERHAD ("INSBIO" or "the Company") has failed to submit its regularisation plan to Bursa Malaysia Securities Berhad ("Bursa Securities") for approval within the timeframe stipulated under Rule 8.04(3)(a)(i) of the Bursa Securities ACE Market Listing Requirements ("ACE LR") and the Company's application for further extension of time has been rejected by Bursa Securities.

In the circumstances and pursuant to Rule 8.04(5) of the ACE LR:-

(a) the trading in the securities of the Company will be suspended with effect from 9 October 2013; and
      (b) the securities of the Company will be de-listed on 11 October 2013 unless an appeal is submitted to Bursa Securities on or before 8 October 2013 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities

      In the event the Company submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on 11 October 2013 shall be deferred pending the decision on the Company’s appeal.

      With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

      Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the Company have been de-listed from the Official List of Bursa Securities.


      This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures.

      Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.


TEXCYCL - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameTEX CYCLE TECHNOLOGY (M) BERHAD (ACE Market) 
Stock Name TEXCYCL  
Date Announced1 Oct 2013  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-131001-2E5DD

Date of buy back01/10/2013
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)100,000
Minimum price paid for each share purchased ($$)0.450
Maximum price paid for each share purchased ($$)0.450
Total consideration paid ($$)45,000.00
Number of shares purchased retained in treasury (units)100,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)564,900
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 (%)0.33


KEYWEST - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameKEY WEST GLOBAL TELECOMMUNICATIONS BERHAD (ACE Market) 
Stock Name KEYWEST  
Date Announced1 Oct 2013  
CategoryGeneral Announcement
Reference NoCC-131001-45187

Regularisation SponsorAmInvestment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionKEY 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 2 September 2013 for the month of September 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 has submitted, vide its Regularisation Sponsor, AmInvestment Bank Berhad, its regularisation plan to Bursa Malaysia Securities Berhad on 23 May 2013.

This announcement is dated 1 October 2013.



CONNECT - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):OTHER ISSUE OF SECURITIES

Announcement Type: General Announcement
Company NameCONNECTCOUNTY HOLDINGS BERHAD (ACE Market) 
Stock Name CONNECT  
Date Announced1 Oct 2013  
CategoryGeneral Announcement
Reference NoOS-131001-396A6

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
DescriptionCONNECTCOUNTY HOLDINGS BERHAD (“CONNECT” OR “THE COMPANY”)

PRIVATE PLACEMENT OF UP TO 15,617,500 NEW ORDINARY SHARES OF RM0.10 EACH IN CONNECT (“PLACEMENT SHARES”) TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD(“PRIVATE PLACEMENT”)

 

Reference is made to the earlier announcements in relation to the Private Placement.

 

On behalf of the Board of Directors of Connect, M&A Securities Sdn Bhd is pleased to announce that the Company has fixed the issue price at RM0.11 per share for the Placement Shares to be issued pursuant to the Private Placement.

 

The aforementioned issue price of RM0.11 per Placement Share represents a discount of RM0.01 or 8.3% from the five (5)-day weighted average market price of Connect shares from 24 September 2013 to 30 September 2013 of approximately RM0.12 per share.

 

 

This announcement is dated 1 October 2013.



MNC - Changes in Sub. S-hldr's Int. (29B) - YEOH ENG KONG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameM N C WIRELESS BERHAD (ACE Market) 
Stock Name MNC  
Date Announced1 Oct 2013  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCP-130930-64054

Particulars of substantial Securities Holder

NameYEOH ENG KONG
Address1, BANGSAR HILL
JALAN MEDANG SERAI
BUKIT BANDARAYA
59100 KUALA LUMPUR
WILAYAH PERSEKUTUAN
NRIC/Passport No/Company No.681223-10-6109
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holderHDM NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR YEOH ENG KONG
16TH, 18TH-20TH FLOOR
PLAZA MASALAM
2 JALAN TENGKU AMPUAN ZABEDAH E9/E
40100 SHAH ALAM

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed27/09/2013
3,000,000
0.250 

Circumstances by reason of which change has occurredOff Market Transaction.
Nature of interestDirect
Direct (units)8,982,100 
Direct (%)9.508 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change8,982,100
Date of notice30/09/2013


MNC - Changes in Director's Interest (S135) - YEOH ENG KONG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameM N C WIRELESS BERHAD (ACE Market) 
Stock Name MNC  
Date Announced1 Oct 2013  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCP-130930-60893

Information Compiled By KLSE

Particulars of Director

NameYEOH ENG KONG
Address1, BANGSAR HILL
JALAN MEDANG SERAI
BUKIT BANDARAYA
59100 KUALA LUMPUR
WILAYAH PERSEKUTUAN
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
27/09/2013
3,000,000
0.250 

Circumstances by reason of which change has occurredOff Market Transaction.
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)8,982,100 
Direct (%)9.508 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice30/09/2013

Remarks :
The disposal of 3,000,000 shares of approximately 3.175% equity is made outside the closed period and is being announced in compliance with the Chapter 14 of the ACE Market Listing Requirements.


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