INFOTEC - GENERAL MEETINGS: OUTCOME OF MEETING
Company Name | INFORTECH ALLIANCE BERHAD (ACE Market) |
Stock Name | INFOTEC |
Date Announced | 27 Nov 2013 |
Category | General Meetings |
Reference No | CS-131127-C911C |
Type of Meeting | EGM |
Indicator | Outcome of Meeting |
Date of Meeting | 27/11/2013 |
Time | 10:00 AM |
Venue | Meeting Room 1, Level 3A, Vivatel Kuala Lumpur, 85, Jalan Loke Yew, 55200 Kuala Lumpur, Malaysia |
Outcome of Meeting | INFORTECH ALLIANCE BERHAD ("IAB" OR "THE COMPANY")
[(1), (2), (3) and (4) collectively referred to as “Proposals”)] The Board of Directors of IAB wishes to inform that all resolutions tabled at the Company's Extraordinary General Meeting ("EGM") held today pertaining to the Proposals as per Notice of the EGM dated 12 November 2013, were duly passed by the shareholders. Please refer to Annexure "A" for the results of the poll in relation to the EGM. This announcement is dated 27 November 2013. |
MRCB - OTHERS PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN GTC GLOBAL SDN BHD BY GAPURNA GLOBAL SOLUTIONS SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MRCB
Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
Stock Name | MRCB |
Date Announced | 27 Nov 2013 |
Category | General Announcement |
Reference No | MR-131127-50114 |
Type | Announcement |
Subject | OTHERS |
Description | PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN GTC GLOBAL SDN BHD BY GAPURNA GLOBAL SOLUTIONS SDN BHD, A WHOLLY OWNED SUBSIDIARY OF MRCB |
Malaysian Resources Corporation Berhad wishes to announce that its wholly-owned subsidiary, Gapurna Global Solutions Sdn Bhd (“GGS”) had today entered into a conditional Share Sale Agreement (“SSA”) with Telekom Malaysia Berhad (“TM” or the “Purchaser”) for the disposal of its entire equity interest in GTC Global Sdn Bhd (“GTC”) comprising 1,000,000 ordinary shares of RM1.00 each and 125,000 redeemable preference shares of RM1.00 each for a total consideration of RM45 million which will be satisfied via cash (“Proposed Disposal”). Attached herewith detailed announcement on the Proposed Disposal. |
TM - OTHERS PROPOSED ACQUISITION BY TELEKOM MALAYSIA BERHAD (“TM”) OF THE ENTIRE EQUITY INTEREST IN GTC GLOBAL SDN. BHD. FROM GAPURNA GLOBAL SOLUTIONS SDN. BHD. (“PROPOSED ACQUISITION”)
Company Name | TELEKOM MALAYSIA BERHAD |
Stock Name | TM |
Date Announced | 27 Nov 2013 |
Category | General Announcement |
Reference No | TM-131127-41513 |
Type | Announcement |
Subject | OTHERS |
Description | PROPOSED ACQUISITION BY TELEKOM MALAYSIA BERHAD (“TM”) OF THE ENTIRE EQUITY INTEREST IN GTC GLOBAL SDN. BHD. FROM GAPURNA GLOBAL SOLUTIONS SDN. BHD. (“PROPOSED ACQUISITION”) |
1. INTRODUCTION
2. DETAILS OF THE PROPOSED ACQUISITION The salient terms of the SSA, include, inter-alia the following:- (a) GGS agrees to sell to TM and TM agrees to purchase the entire equity interests of GGS in GTC (“Sale Shares”) free from all liens, charge and encumbrances and with full legal and beneficial title together with all rights attaching thereto and on the basis of the warranties provided by GGS under the SSA. (b) the SSA is conditional upon fulfillment of the following Conditions Precedent, amongst others, within three (3) months from the date of the SSA or such other date as may be agreed upon between TM and GGS:-
(ii) the consent of Kementerian Perumahan Dan Kerajaan Tempatan (“KPKT”) for the change of control of GTC pursuant to the sale of the Sale Shares to the Purchaser (required pursuant to contract dated 24 May 2010 entered into between the Government of Malaysia (as represented by KPKT and GTC), shall have been obtained by GTC; (iii) the consent of GTC’s financiers, shall have been obtained by GTC; and (iv) there has been no change to any representation, warranty or undertaking under the SSA or any material adverse change in the financial conditions of GTC or any change to the rights to the Sale Shares up to the Unconditional Date. The “Unconditional Date” shall mean the date on which the Conditions Precedent have been fulfilled in accordance with the terms and conditions of the SSA. (i) On the date of execution of the SSA, TM shall deposit with TM’s Solicitors the sum of RM2,250,000.00 being five per cent (5%) of the Purchase Consideration (“Deposit”) of which such amount is to be held by TM’s Solicitors as stakeholders. The Deposit shall be released to GGS as payment of the Purchase Consideration together with interest and any other benefit accrued to the Deposit on the Completion Date; and (ii) The sum of RM42,750,000.00 being the balance of the Purchase Consideration shall be paid by TM to GGS on the Completion Date. The purchase consideration of RM45,000,000.00 in respect of the Proposed Acquisition was arrived at on a willing seller willing buyer basis after taking into consideration: - (a) the audited net profit after taxation of GTC for the financial year ended 31 December 2012 of RM3,520,013; and (b) the audited net assets of GTC as at 31 December 2012 of RM44,419,762. The Proposed Acquisition will be financed via internally generated funds. Save for TM’s obligation to procure the release of GGS or its related corporation from all guarantees given by GGS or its related corporation in respect of any obligation of GTC and the liabilities incurred in the ordinary course of business of GTC, there are no other liabilities of GTC to be assumed by TM pursuant to the Proposed Acquisition. TM is a public listed company duly incorporated in Malaysia on 12 October 1984, with an authorised share capital of RM3,528,003,015.00 divided into 5,040,000,020 ordinary shares of RM0.70 each, 1 Special Rights Redeemable Preference Share (Special Share) of RM1.00, 2,000 Class C Non-Convertible Redeemable Preference Shares (“NCRPS”) of RM1.00 each and 1,000 Class D NCRPS of RM1.00 each. The issued and paid-up share capital of the Company is RM2,504,184,312.00 comprising 3,577,401,980 ordinary shares of RM0.70 each, 1 Special Share of RM1.00, 2,000 Class C NCRPS of RM1.00 each and 925 Class D NCRPS of RM1.00 each. The principal activities of TM are the establishment, maintenance and provision of telecommunications and related services. GGS, is a private company limited by shares duly incorporated in Malaysia on 23 December 2008, with an authorised share capital of RM1,000,000.00 divided into 500,000 ordinary shares of RM1.00 each and 500,000 redeemable preference shares of RM1.00 each. The issued and paid-up share capital of GGS is RM147,100.00 divided into 100 ordinary shares of RM1.00 each and 147,000 redeemable preference shares of RM1.00 each. GGS is a wholly owned subsidiary of Malaysian Resources Corporation Berhad (“MRCB”). The principal activities of GGS are property and investment holding. GTC, is a private company limited by shares duly incorporated in Malaysia on 25 September 2001, with an authorised share capital of RM10,000,000.00 divided into 9,000,000 ordinary shares of RM1.00 each and 1,000,000 redeemable preference shares of RM1.00 each. The issued and paid-up share capital of GTC is RM1,125,000.00 divided into 1,000,000 ordinary shares of RM1.00 each and 125,000 redeemable preference shares of RM1.00 each. GTC is a wholly-owned subsidiary of GGS, which in turn is a wholly-owned subsidiary of MRCB. The principal activities of GTC are in integrated security surveillance systems and related activities. 4. RATIONALE OF THE PROPOSED ACQUISITION The Proposed Acquisition will complement TM’s core competencies as well as broaden TM Group’s capabilities in the information and communications technology (“ICT”) to better serve its range of customers, particularly in the Enterprise and Government segments.
5.2 Earnings and Net Assets The SSA is not expected to have any material effect to the earnings and net assets of TM Group for the financial year ending 31 December 2013. The Proposed Acquisition is not subject to the regulatory approval of any governmental authorities or the approval of shareholders of TM. The Proposed Acquisition is expected to be completed by the 1st quarter of 2014. None of the Directors and other major shareholders of TM and/or persons connected to them has any interest, whether direct or indirect, in the Proposed Acquisition. The highest percentage ratio applicable to the Proposed Acquisition pursuant to paragraph 10.02(g) of the Main LR is 0.7%. The Board of Directors of TM having considered the rationale of entering into the SSA, is of the view that the transaction is in the best interest of TM Group. A copy of the SSA will be available for inspection at the registered office of TM at Level 51, North Wing, Menara TM Jalan Pantai Baharu 50672 Kuala Lumpur, during normal office hours on any weekday (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 27 November 2013. |
MUDAJYA - Additional Listing Announcement
Company Name | MUDAJAYA GROUP BERHAD |
Stock Name | MUDAJYA |
Date Announced | 27 Nov 2013 |
Category | Additional Listing Announcement (ALA) |
Reference No | MG-131127-6097C |
1. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | ESOS |
Details of corporate proposal | Employees' Share Option Scheme |
No. of shares issued under this corporate proposal | 128,700 |
Issue price per share ($$) | MYR 1.900 |
Par Value ($$) | MYR 0.200 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 551,200,666 |
Currency | MYR 110,240,133.200 |
Listing Date | 28/11/2013 |
2. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | ESOS |
Details of corporate proposal | Employees' Share Option Scheme |
No. of shares issued under this corporate proposal | 15,000 |
Issue price per share ($$) | MYR 2.440 |
Par Value ($$) | MYR 0.200 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 551,215,666 |
Currency | MYR 110,243,133.200 |
Listing Date | 28/11/2013 |
BJFOOD - Additional Listing Announcement
Company Name | BERJAYA FOOD BERHAD |
Stock Name | BJFOOD |
Date Announced | 27 Nov 2013 |
Category | Additional Listing Announcement (ALA) |
Reference No | BF-131127-ACAE0 |
1. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | ESOS |
Details of corporate proposal | Employees' Shares Option Scheme |
No. of shares issued under this corporate proposal | 19,540 |
Issue price per share ($$) | MYR 0.500 |
Par Value ($$) | MYR 0.500 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 264,293,380 |
Currency | MYR 132,146,690.000 |
Listing Date | 28/11/2013 |
YEELEE - Additional Listing Announcement
Company Name | YEE LEE CORPORATION BHD |
Stock Name | YEELEE |
Date Announced | 27 Nov 2013 |
Category | Additional Listing Announcement (ALA) |
Reference No | YL-131127-38436 |
1. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | ESOS |
Details of corporate proposal | ESOS |
No. of shares issued under this corporate proposal | 12,500 |
Issue price per share ($$) | MYR 1.260 |
Par Value ($$) | MYR 0.500 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 178,299,700 |
Currency | MYR 89,149,850.000 |
Listing Date | 28/11/2013 |
PETDAG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | PETRONAS DAGANGAN BHD |
Stock Name | PETDAG |
Date Announced | 27 Nov 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | PD-131127-50D59 |
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 Share of RM1.00 each |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd (for Employees Provident Fund Board (CIMB PRIN)) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 21/11/2013 | 148,200 |
Remarks : |
The total number of 65,851,400 ordinary shares comprise the following: (a) 59,046,800 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board]. (b) 1,500,000 shares registered in the name of Employees Provident Fund Board. (c) 1,398,800 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (NOMURA)]. (d) 3,587,400 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (CIMB PRIN)]. (e) 157,400 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (KIB)]. (f) 161,000 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (RHB INV)]. Received form 29B on 27 November 2013. |
PETDAG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | PETRONAS DAGANGAN BHD |
Stock Name | PETDAG |
Date Announced | 27 Nov 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | PD-131122-55BDC |
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 Share of RM1.00 each |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd (for Employees Provident Fund Board (CIMB PRIN)) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 20/11/2013 | 401,000 |
Remarks : |
The total number of 65,999,600 ordinary shares comprise the following: (a) 59,046,800 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board]. (b) 1,500,000 shares registered in the name of Employees Provident Fund Board. (c) 1,398,800 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (NOMURA)]. (d) 3,735,600 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (CIMB PRIN)]. (e) 157,400 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (KIB)]. (f) 161,000 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (RHB INV)]. Received form 29B on 27 November 2013. |
PETDAG - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
Company Name | PETRONAS DAGANGAN BHD |
Stock Name | PETDAG |
Date Announced | 27 Nov 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | PD-131127-58B4F |
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 Share of RM1.00 each |
Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd (for Employees Provident Fund Board) Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 21/11/2013 | 300,000 |
Remarks : |
The total number of 65,551,400 ordinary shares comprise the following: (a) 58,746,800 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board]. (b) 1,500,000 shares registered in the name of Employees Provident Fund Board. (c) 1,398,800 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (NOMURA)]. (d) 3,587,400 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (CIMB PRIN)]. (e) 157,400 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (KIB)]. (f) 161,000 shares registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd [for Employees Provident Fund Board (RHB INV)]. Received form 29B on 27 November 2013. |
TAWIN - Quarterly rpt on consolidated results for the financial period ended 30/9/2013
Company Name | TA WIN HOLDINGS BERHAD |
Stock Name | TAWIN |
Date Announced | 27 Nov 2013 |
Category | Financial Results |
Reference No | TW-131127-41292 |
Financial Year End | 31/12/2013 |
Quarter | 3 |
Quarterly report for the financial period ended | 30/09/2013 |
The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/09/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 136,923 | 125,178 | 404,222 | 388,944 |
2 | Profit/(loss) before tax | 1,997 | -2,334 | 3,749 | -8,722 |
3 | Profit/(loss) for the period | 1,997 | -2,334 | 3,749 | -8,722 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 1,997 | -2,334 | 3,749 | -8,722 |
5 | Basic earnings/(loss) per share (Subunit) | 3.11 | -3.63 | 5.83 | -13.57 |
6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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 ($$) | 1.0100 | 0.9400 |
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:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
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