December 30, 2013

Company announcements: ITRONIC, LSTEEL

ITRONIC - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameINDUSTRONICS BERHAD  
Stock Name ITRONIC  
Date Announced30 Dec 2013  
CategoryGeneral Announcement
Reference NoCC-131227-67486

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionINDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY")
-DISPOSAL OF LAND WITH PROPERTY

(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 27 June 2013)

Reference is made to the Company’s announcement dated 27 June 2013.

The Board of Directors of Industronics is pleased to announce that the Company had on 30 December 2013 received full and final payment for the Balance Purchase Price and as such the Sale and Purchase Agreement in respect of the disposal of two (2) pieces of land together with two (2) units of three and a half (3 ) storey shop-office erected thereon at No. 39 & No. 41, Jalan Sungai Besi Indah 1/19, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan has been duly completed on 30 December 2013.


This announcement is dated 30 December 2013.



ITRONIC - OTHERS INDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY") - Offer and Grant of Options under Share Issuance Scheme

Announcement Type: General Announcement
Company NameINDUSTRONICS BERHAD  
Stock Name ITRONIC  
Date Announced30 Dec 2013  
CategoryGeneral Announcement
Reference NoCC-131230-9E25C

TypeAnnouncement
SubjectOTHERS
DescriptionINDUSTRONICS BERHAD ("INDUSTRONICS" OR "THE COMPANY")
- Offer and Grant of Options under Share Issuance Scheme

Pursuant to Paragraph 9.19(51) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Industronics wishes to announce the following offer and grant of options to eligible persons to subscribe for new ordinary shares of RM0.50 each in the Company (“Options”) under the Share Issuance Scheme of the Company (“SIS").

The details of the Options offered to the eligible persons of the Company are set out as follows:-

No.

Description of Options offered under the SIS

1.

Date of Offer of the Options

:

30 December 2013

2.

Exercise price of Options offered

:

RM0.572

3.

Number of Options offered

:

4,119,800

4.

Closing Market Price of the Company’s shares on the Date of Offer

:

RM0.635

5.

Number of Options offered to the Directors of the Company

:

None

6.

Vesting period of the Options offered

:

None


This announcement is dated 30 December 2013.



LSTEEL - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameLEADER STEEL HOLDINGS BERHAD  
Stock Name LSTEEL  
Date Announced30 Dec 2013  
CategoryGeneral Announcement
Reference NoCC-131230-462AA

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionDISPOSAL OF ASSETS BY LEADER STEEL SDN BHD, A WHOLLY OWNED SUBSIDIARY OF LEADER STEEL HOLDINGS BERHAD (THE "COMPANY")

The details of the announcement is attached.



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