IRIS - MEMORANDUM OF UNDERSTANDING
Company Name | IRIS CORPORATION BERHAD (ACE Market) |
Stock Name | IRIS |
Date Announced | 10 Oct 2013 |
Category | General Announcement |
Reference No | IC-131010-62353 |
Type | Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description | LETTER OF ACCEPTANCE OF TENDER [CONTRACT NO: 100063294) (“SURAT SETUJU TERIMA”) TO IRIS CORPORATION BERHAD ("ICB"/"COMPANY") FROM FEDERAL LAND AUTHORITY ("FELDA") TO CONSTRUCT AND BUILD AN INTEGRATED COMMUNITY CENTRE IN FELDA PALONG 21, WILAYAH RAJA ALIAS, NEGERI SEMBILAN DARUL KHUSUS UNDER THE SENTUHAN KASEH PROJECT |
LETTER OF ACCEPTANCE OF TENDER [CONTRACT NO: 100063294) (“SURAT SETUJU TERIMA”) TO IRIS CORPORATION BERHAD ( “ICB /“COMPANY”) FROM FEDERAL LAND AUTHORITY ("FELDA") TO CONSTRUCT AND BUILD AN INTEGRATED COMMUNITY CENTRE IN FELDA PALONG 21, WILAYAH RAJA ALIAS, NEGERI SEMBILAN DARUL KHUSUS UNDER THE SENTUHAN KASEH PROJECT This announcement is a follow-up from the announcement made on 19th September 2013 on the MOU executed between the Company and FELDA (hereinafter referred to as the “MOU Announcement”).
Introduction The Board of Directors of the Company is pleased to announce that it has today received a Letter of Acceptance of Tender (“LOA”) dated 26th September from the Federal Land Development Authority (FELDA) to build and develop an integrated community centre under ICB’s Sentuhan Kaseh modern rural project in Felda Palong 21, Wilayah Raja Alias, Negeri Sembilan Darul Khusus. (“SK Palong Project”). Contract Value The total contract value of the SK Palong Project under this LOA is for a sum of RM39, 988,188.00 (Ringgit Malaysia Thirty Nine Million Nine Hundred Eighty Eight Thousand One Hundred Eighty Eight only. Duration of Contract The SK Palong Project will commence on 1st October, 2013 and the completion date is 28th January 2014. Financial Effect on ICB Group The above mentioned SK Palong Project will not have any material effect on ICB’s net assets per share, for the financial year ending on 31st March 2014 but is expected to contribute positively to the future . Source Of Funds The Project will be financed through internally generated funds and bank borrowings. Directors’ And Major Shareholders’ Interest As of the date hereof, none of the Directors and/or major shareholders and/or persons connected with a director or major shareholder of ICB and/or persons connected with them have any interest, either direct or indirect in this LOA. Statement of Directors The Board of Directors of ICB is of the opinion that the above LOA is in the ordinary course of business and is in the best interest of ICB and its implementation of the SK Projects as mentioned in MOU Announcement. This announcement is made on 10th October 2013.
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MYEG - Changes in Sub. S-hldr's Int. (29B) - Mawer Investment Management Ltd.
Company Name | MY E.G. SERVICES BERHAD |
Stock Name | MYEG |
Date Announced | 10 Oct 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-131009-CB43A |
Particulars of substantial Securities Holder
Name | Mawer Investment Management Ltd. |
Address | 900, 603 -7th Ave SW Calgary, Alberta. Canada T2P 2T5 |
NRIC/Passport No/Company No. | N/A |
Nationality/Country of incorporation | Canadian |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.10 each |
Name & address of registered holder | Mawer Investment Management Ltd. 900, 603 -7th Ave SW Calgary, Alberta. Canada T2P 2T5 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 07/10/2013 | 190,000 | |
Disposed | 08/10/2013 | 182,300 |
Remarks : |
The percentage of direct interest excludes 10,796,400 ordinary shares of RM0.10 each bought back by the Company and retained as treasury shares as at 7 October 2013. The Form 29B was received by the Company on 10 October 2013. |
INARI - MULTIPLE PROPOSALS
Company Name | INARI AMERTRON BERHAD (ACE Market) |
Stock Name | INARI |
Date Announced | 10 Oct 2013 |
Category | General Announcement |
Reference No | OS-131010-36CB2 |
Admission Sponsor | M&A Securities Sdn Bhd |
Sponsor | Same as above |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | INARI AMERTRON BERHAD (FORMERLY KNOWN AS INARI BERHAD) (“INARI” OR THE “COMPANY”) • ACQUISITION OF 100% EQUITY INTEREST IN AMERTRON INC. (GLOBAL) LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF USD32,000,000; • RIGHTS ISSUE WITH WARRANTS; • ISSUANCE OF NEW SHARES; • ISSUANCE OF PREFERENCE SHARES; • VARIATION TO THE UTILISATION OF LISTING PROCEEDS; • INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY; AND • AMENDMENTS TO THE MEMORANDUM OF ASSOCIATION OF THE COMPANY (COLLECTIVELY, THE “PROPOSALS”) |
(All abbreviations used in this announcement are defined in the announcement dated 23 July 2012)
We refer to the earlier announcements on the Proposals.
On behalf of the Board, M&A Securities is pleased to announce that Inari International and Richard Ta-Chung Wang, a duly authorised representative of the Vendors had vide an exchange of letters concluded that the NTA Statement was obtained based on a Special Audit on Amertron Group conducted by Messrs SJ Grant Thornton (as set out in Section 2.1.8(iv)(c)(b)(i) of the announcement dated 23 July 2012).
Based on the Special Audit, the parties to the SPA duly confirm their mutual agreement, settlement and adjustment in relation to the provisions of the SPA as follows:
(i) the Special Audit NTA based on the NTA Statement issued by Messrs SJ Grant Thornton amounts to USD38,622,024;
(ii) the NTA Statement shall be final and binding on the parties to the SPA;
(iii) the final Purchase Consideration amounts to USD39,658,845 after taking into consideration the Special Audit NTA, the agreed property valuation surplus amounting to USD1,036,821 and a withholding tax deduction amounting to USD1,148,827;
(iv) the parties to the SPA have agreed that the net excess NTA amounts to USD6,510,018.
Based on the Paragraphs (i) to (iv) above, and in accordance with the terms of the SPA, Inari International agrees to pay to Richard Ta-Chung Wang (a duly authorised representative of the Vendors), an amount equivalent to USD6,510,018.
Save for the above, there are no other changes to the terms and conditions of the SPA.
This announcement is dated 10 October 2013. |
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | FTSE BURSA MALAYSIA KLCI ETF |
Stock Name | FBMKLCI-EA |
Date Announced | 10 Oct 2013 |
Category | General Announcement |
Reference No | FB-131010-74C05 |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | FTSE Bursa Malaysia KLCI etf - Valuation Point as at 10 October 2013 |
Fund: FTSE Bursa Malaysia KLCI etf |
MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
Stock Name | MYETFDJ |
Date Announced | 10 Oct 2013 |
Category | General Announcement |
Reference No | MD-131010-59604 |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 10-10-2013 Fund:MYETFDJ NAV per unit (RM):1.1573 Units in Circulation (units):256,700,000 Manager's Fee (%p.a):0.40 Trustee's Fee (%p.a):0.05 License Fee (%p.a):0.04 DJIM25 Index:1,035.37 |
BURSA - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | BURSA MALAYSIA BERHAD |
Stock Name | BURSA |
Date Announced | 10 Oct 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | BM-131010-06779 |
Particulars of substantial Securities Holder
Name | Employees Provident Fund Board |
Address | Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
NRIC/Passport No/Company No. | EPF ACT 1991 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
Name & address of registered holder | 1. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board Level 42, Menara Citibank 165, Jalan Ampang 50450 Kuala Lumpur 2. Employees Provident Fund (EPF) Board Tingkat 19, Bangunan KWSP Jalan Raja Laut 50350 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 07/10/2013 | 203,300 |
Remarks : |
40,520,694 ordinary shares of RM0.50 each represented 7.61% shareholding in Bursa Malaysia Berhad ("Bursa"):- (a) 39,020,694 Bursa shares are held under nominees account with Citigroup Nominees (Tempatan) Sdn Bhd ("CNT") in Account No. 1; and (b) 1,500,000 Bursa shares are held directly by EPF Board in Account No. 2. This announcement is made based on Form 29B dated 8 October 2013 which was submitted by CNT to Bursa on 10 October 2013. |
PJDEV - Notice of Shares Buy Back - Immediate Announcement
Company Name | PJ DEVELOPMENT HOLDINGS BERHAD |
Stock Name | PJDEV |
Date Announced | 10 Oct 2013 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | PD-131010-61758 |
FCW - Notice to Warrant Holders in relation to Expiry and Final Exercise of Warrants 2003/2013
Company Name | FCW HOLDINGS BERHAD |
Stock Name | FCW |
Date Announced | 10 Oct 2013 |
Category | PDF Submission |
Reference No | CQ-131010-61749 |
Subject | Notice to Warrant Holders in relation to Expiry and Final Exercise of Warrants 2003/2013 |
FCW - Notice to Warrant Holders in relation to Expiry and Final Exercise of Warrants 2007/2013
Company Name | FCW HOLDINGS BERHAD |
Stock Name | FCW |
Date Announced | 10 Oct 2013 |
Category | PDF Submission |
Reference No | CQ-131010-62729 |
Subject | Notice to Warrant Holders in relation to Expiry and Final Exercise of Warrants 2007/2013 |
POS - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc ("MUFG")
Company Name | POS MALAYSIA BERHAD |
Stock Name | POS |
Date Announced | 10 Oct 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | PM-131010-6DF98 |
Particulars of substantial Securities Holder
Name | Mitsubishi UFJ Financial Group, Inc ("MUFG") |
Address | 7-1, Marunouchi 2-Chome, Chiyoda-ku Tokyo, 100-8330 Japan. |
NRIC/Passport No/Company No. | NIL |
Nationality/Country of incorporation | Japan |
Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
Name & address of registered holder | 1. Aberdeen Asset Management PLC ("Aberdeen") and its subsidiaries 10, Queen's Terrace Aberdeen, AB10 1YG, Scotland. 2. KOKUSAI Asset Management Co., Ltd ("KOKUSAI") 1-1, Marunouchi 3-Chome, Chiyoda-ku, Tokyo, 100-0005, Japan 3. Morgan Stanley & Co. International plc 25, Cabot Square, Canary Wharf, London E14 4QA, United Kingdom 4. AMP Capital Holdings Limited ("AMP") and its subsidiaries Level 24 AMP Sydney Cove Building 33 Alfred Street, Sydney, NSW 2000 Australia |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 04/10/2013 | 100 |
Remarks : |
The total number of 61,008,424 shares are held as follows:- 1) 60,209,600 shares are registered in the name of Aberdeen Asset Management PLC and its subsidiaries. 2) 335,000 shares are registered in the name of KOKUSAI Asset Management Co., Ltd. 3) 160,624 shares are registered in the name of Morgan Stanley & Co. International plc. 4) 303,200 shares are registered in the name of AMP Capital Holdings Limited and its subsidiaries. The Form 29B dated 9 October 2013 was received by the Company on 10 October 2013. |
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