REDTONE - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | REDTONE INTERNATIONAL BERHAD (ACE Market) |
Stock Name | REDTONE |
Date Announced | 3 Dec 2013 |
Category | General Announcement |
Reference No | CK-131202-61140 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | REDtone International Berhad - Divestment in REDtone Mobile Sdn Bhd |
Pursuant to Rule 10.05 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of REDtone International Berhad (“REDtone”) wishes to announce that the Company had on 3 December 2013 disposed the remaining 35% shareholding held in its associate, REDtone Mobile Sdn Bhd (“RMSB”) to Theo Networks Sdn. Bhd. for a cash consideration of RM5 million only (“Disposal”). The Company had earlier on 3 January 2012 announced its divestment of its 65% shareholding in RMSB. Details of the Disposal REDtone had on 3 December 2013 entered into a Share Sale Agreement for the disposal of the remaining 35% shareholding in RMSB to Theo Networks Sdn. Bhd. for a cash consideration of RM5 million only (“Disposal”). Upon the completion of the Disposal, REDtone will cease to have any interest in RMSB. Information of RMSB RMSB was incorporated in Malaysia on 20 June 2003 as a private limited company under the Companies Act, 1965. The authorised share capital of RMSB is RM1,000,000 comprising 1,000,000 ordinary shares of RM1 each, of which 850,000 ordinary shares of RM1.00 each are issued and fully paid-up. The principal activity of RMSB is operating a mobile virtual network and research, design, develop and commercialise the VOIP customer premise equipment. Information of Theo Networks Sdn. Bhd. Theo Networks Sdn. Bhd. (Company No. 1069380-H), a company incorporated in Malaysia and having its registered address at B-2-7, Block B, Megan Avenue 1, 189, Jalan Tun Razak, 50400 Kuala Lumpur. The principal activity of Theo Networks Sdn Bhd is of investment holding. Basis of arriving at the Disposal consideration The consideration is based on a premium over Net Tangible Assets and revenue multiples of RMSB. Rationale for the Disposal The Disposal will enable the Group to focus on its core business offerings as service provider for the total solutions in business communication and telecommunication, data and broadband solutions to the corporate/SME/government segments as well as the management and building of Wi-Fi networks. Effects of the Disposal The Disposal will not have any effect on the issued and paid-up share capital of the Company as well as the shareholdings of the substantial shareholders of the Company. The Disposal is expected to generate RM5 million for REDtone Group for the financial year ending 31 May 2014. It is however not expected to have a material effect on the net assets and gearing of the Company and its Group of Companies for the financial year ending 31 May 2014. Directors’ and Major Shareholders’ Interests None of the Directors and/or major shareholders of RIB and/or persons connected with them has any interest, direct or indirect, in the Disposal. Directors’ Statement The Board of Directors of REDtone having considered all aspects of the Disposal is of the opinion that the Disposal is in the best interest of the REDtone Group. Approval Required The Disposal is not subject to the approval of REDtone’s shareholders. The highest percentage ratio pursuant to Rule 10.02(g) of the ACE Market Listing Requirements of Bursa Securities for the Disposal is 4.7% of Net Assets based on the latest Audited Financial Statements of REDtone as at 31 May 2013. This announcement is dated 3 December 2013.
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ASIAEP - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN
Company Name | ASIAEP RESOURCES BERHAD (ACE Market) |
Stock Name | ASIAEP |
Date Announced | 3 Dec 2013 |
Category | General Announcement |
Reference No | MI-131203-61952 |
Regularisation Sponsor | KAF Investment Bank Berhad |
Sponsor | Same as above |
Type | Announcement |
Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN |
Description | asiaEP RESOURCES BERHAD (“asiaEP” OR “COMPANY”) AND ITS SUBSIDIARY COMPANIES ("asiaEP GROUP" OR "GROUP") (1) PROPOSED CAPITAL REDUCTION; (2) PROPOSED CONSOLIDATION; (3) PROPOSED ACQUISITION OF GFM; (4) PROPOSED ACQUISITION OF GFMS; (5) PROPOSED SHARE EXCHANGE; (6) PROPOSED CANCELLATION OF WARRANTS B IN EXCHANGE FOR WARRANTS A; (7) PROPOSED EXEMPTION; (8) PROPOSED OFFER FOR SALE; (9) PROPOSED PRIVATE PLACEMENT; (10) PROPOSED TRANSFER OF LISTING STATUS; AND (11) PROPOSED CANCELLATION OF ESOS. (THE PROPOSALS ABOVE ARE TO BE COLLECTIVELY REFERRED TO AS “PROPOSED REGULARISATION PLAN”) |
Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those in the Requisite Announcement as announced on 30 April 2013. Reference is made to the Requisite Announcement and announcements made by KAF Investment on behalf of the Board of asiaEP, on 30 April 2013, 2 May 2013, 13 May 2013, 2 July 2013, 11 July 2013, 30 July 2013 and 4 October 2013 respectively, in relation to the Proposed Regularisation Plan. On behalf of the Board of asiaEP, KAF Investment wishes to announce that in accordance with the Code, the Board of asiaEP has appointed TA Securities Holdings Berhad as the Independent Adviser to advise the non-interested directors and non-interested shareholders of asiaEP in respect of the Proposed Exemption. This announcement is dated 3 December 2013.
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INIX - Notice of Interest Sub. S-hldr (29A) - Goh Boon Soo @ Goh Yang Eng
Company Name | INIX TECHNOLOGIES HOLDINGS BERHAD (ACE Market) |
Stock Name | INIX |
Date Announced | 3 Dec 2013 |
Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
Reference No | CC-131203-60193 |
Particulars of Substantial Securities Holder
Name | Goh Boon Soo @ Goh Yang Eng |
Address | No. 25, Lorong Maarof Satu Bangsar Park 59000 Kuala Lumpur Wilayah Persekutuan |
NRIC/Passport No/Company No. | 400609-04-5157 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.10 each |
Name & address of registered holder | Goh Boon Soo @ Goh Yang Eng No. 25, Lorong Maarof Satu Bangsar Park 59000 Kuala Lumpur Wilayah Persekutuan |
IDMENSN - OTHERS iDIMENSION CONSOLIDATED BHD ("iDIMENSION" OR THE "COMPANY") VARIATION TO THE UTILISATION OF PROCEEDS RAISED FROM THE PUBLIC ISSUE PURSUANT TO THE INITIAL PUBLIC OFFERING ("IPO")
Company Name | IDIMENSION CONSOLIDATED BHD (ACE Market) |
Stock Name | IDMENSN |
Date Announced | 3 Dec 2013 |
Category | General Announcement |
Reference No | CM-131129-A46AA |
Admission Sponsor | RHB Investment Bank Bhd |
Sponsor | Same as above |
Type | Announcement |
Subject | OTHERS |
Description | iDIMENSION CONSOLIDATED BHD ("iDIMENSION" OR THE "COMPANY") VARIATION TO THE UTILISATION OF PROCEEDS RAISED FROM THE PUBLIC ISSUE PURSUANT TO THE INITIAL PUBLIC OFFERING ("IPO") |
We refer to the proposed utilisation of proceeds raised from the public issue as disclosed in the prospectus of iDimension dated 25 October 2011 ("Prospectus") that was issued in relation with the listing of iDimension on the ACE Market of Bursa Malaysia Securities Berhad on 11 November 2011. The Board of Directors of iDimension ("Board") wishes to announce that it had on 3 December 2013 resolved to vary the utilisation of RM2.00 million of the balance of proceeds of RM4.17 million earmarked for research and development ("R&D") expenditure of the Company and its subsidiaries ("Group") ("Balance Proceeds") to working capital of the Group. This is in view that the Company's R&D expenditures have been funded by internally generated funds and the variation to the utilisation of the Balance Proceeds to working capital of the Group is expected to improve the cash flows of the Group. The Board is of the opinion that the variation to the utilisation of the Balance Proceeds is in the best interest of the Company. The details on the current status of the utilisation of proceeds are set out in the attachment. This announcement is dated 3 December 2013. |
SUMATEC - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | SUMATEC RESOURCES BERHAD |
Stock Name | SUMATEC |
Date Announced | 3 Dec 2013 |
Category | General Announcement |
Reference No | CC-131203-3FF8C |
Type | Announcement | ||||||||||||||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||||||||||||
Description | Notification of dealing by Director in the securities of Sumatec Resources Berhad ("Sumatec" or "the Company")outside closed period. | ||||||||||||||||||||||||
Pursuant to Paragraph 14.09(a) of the
Main Market Listing Requirements of Bursa Malaysia Securities Berhad, En Wan
Kamaruddin Bin Dato’ Biji @ Wan Abdullah, the Executive Vice Chairman of the
Company had transacted in the securities of the Company, outside closed period
as per table below:- Date of
Dealing Type of
Securities No. of
securities Disposed Percentage Price
of securities Disposed Total
no of securities held after Disposal Percentage
of securities held after Disposal Transaction 29/11/2013 Warrants B 2013/2018 4,250,000 0.75% RM0.251 99,859,871 17.59% Disposal via
open market - Deemed interest by virtue of his substantial shareholding in
Tekad Mulia Sdn Bhd 02/12/2013 Warrants B 2013/2018 90,000 0.02% RM0.245 99,769,871 17.57% Disposal via
open market - Deemed interest by virtue of his substantial shareholding in
Tekad Mulia Sdn Bhd This announcement is dated 3
December 2013 |
SUMATEC - Changes in Director's Interest (S135) - CHAN YOK PENG
Company Name | SUMATEC RESOURCES BERHAD |
Stock Name | SUMATEC |
Date Announced | 3 Dec 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-131203-3FF7D |
Information Compiled By KLSE
Particulars of Director
Name | CHAN YOK PENG |
Address | No. 10, Jalan Bidai U8/23, Taman Bukit Jelutong, 40150 Shah Alam, Selangor Darul Ehsan. |
Descriptions(Class & nominal value) | WARRANTS B 2013/2018 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 4,250,000 | 0.251 | |
Disposed | 90,000 | 0.245 |
Circumstances by reason of which change has occurred | Disposal via open market |
Nature of interest | Indirect |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 0 |
Direct (%) | 0 |
Indirect/deemed interest (units) | 99,769,871 |
Indirect/deemed interest (%) | 17.57 |
Date of notice | 03/12/2013 |
Remarks : |
Deemed interest by virtue of of his substantial shareholding in Tekad Mulia Sdn Bhd |
SUMATEC - Changes in Director's Interest (S135) - WAN KAMARUDDIN BIN DATO' BIJI SURA @ WAN ABDULLAH
Company Name | SUMATEC RESOURCES BERHAD |
Stock Name | SUMATEC |
Date Announced | 3 Dec 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-131203-3FF7C |
Information Compiled By KLSE
Particulars of Director
Name | WAN KAMARUDDIN BIN DATO' BIJI SURA @ WAN ABDULLAH |
Address | 11, Medan Athinahapan 2, Taman Tun Dr. Ismail, 60000 Kuala Lumpur. |
Descriptions(Class & nominal value) | WARRANTS B 2013/2018 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 4,250,000 | 0.251 | |
Disposed | 90,000 | 0.245 |
Circumstances by reason of which change has occurred | Disposal via open market |
Nature of interest | Indirect |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 0 |
Direct (%) | 0 |
Indirect/deemed interest (units) | 99,769,871 |
Indirect/deemed interest (%) | 17.57 |
Date of notice | 03/12/2013 |
SUMATEC - Changes in Sub. S-hldr's Int. (29B) - WAN KAMARUDDIN BIN DATO' BIJI SURA @ WAN ABDULLAH
Company Name | SUMATEC RESOURCES BERHAD |
Stock Name | SUMATEC |
Date Announced | 3 Dec 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-131203-3FF7F |
Particulars of substantial Securities Holder
Name | WAN KAMARUDDIN BIN DATO' BIJI SURA @ WAN ABDULLAH |
Address | 11 MEDAN ATHINAHAPAN 2 TAMAN TUN DR ISMAIL 60000 KUALA LUMPUR |
NRIC/Passport No/Company No. | 560831-11-5083 |
Nationality/Country of incorporation | MALAYSIAN |
Descriptions (Class & nominal value) | WARRANTS B 2013/2018 |
Name & address of registered holder | TEKAD MULIA SDN BHD 24A (Room 1) Jalan 21/19 Sea Park 46300 Petaling Jaya Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 29/11/2013 | 4,250,000 | 0.251 |
Disposed | 02/12/2013 | 90,000 | 0.245 |
Remarks : |
Deemed interest by virtue of his substantial shareholding in Tekad Mulia Sdn Bhd |
SUMATEC - Changes in Sub. S-hldr's Int. (29B) - TEKAD MULIA SDN BHD
Company Name | SUMATEC RESOURCES BERHAD |
Stock Name | SUMATEC |
Date Announced | 3 Dec 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-131203-3FF80 |
Particulars of substantial Securities Holder
Name | TEKAD MULIA SDN BHD |
Address | 24A (Room 1) Jalan 21/19 Sea Park 46300 Petaling Jaya Selangor Darul Ehsan |
NRIC/Passport No/Company No. | 529296 D |
Nationality/Country of incorporation | MALAYSIA |
Descriptions (Class & nominal value) | WARRANTS B 2013/2018 |
Name & address of registered holder | TEKAD MULIA SDN BHD 24A (Room 1) Jalan 21/19 Sea Park 46300 Petaling Jaya Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 29/11/2013 | 4,250,000 | 0.251 |
Disposed | 02/12/2013 | 90,000 | 0.245 |
SUMATEC - Changes in Sub. S-hldr's Int. (29B) - CHAN YOK PENG
Company Name | SUMATEC RESOURCES BERHAD |
Stock Name | SUMATEC |
Date Announced | 3 Dec 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-131203-3FF81 |
Particulars of substantial Securities Holder
Name | CHAN YOK PENG |
Address | No. 10, Jalan Bidai U8/23, Taman Bukit Jelutong, 40150 Shah Alam, Selangor Darul Ehsan. |
NRIC/Passport No/Company No. | 520810-02-5429 |
Nationality/Country of incorporation | MALAYSIAN |
Descriptions (Class & nominal value) | WARRANTS B 2013/2018 |
Name & address of registered holder | TEKAD MULIA SDN BHD 24A (Room 1) Jalan 21/19 Sea Park 46300 Petaling Jaya Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 29/11/2013 | 4,250,000 | 0.251 |
Disposed | 02/12/2013 | 90,000 | 0.245 |
Remarks : |
Deemed interest by virtue of his substantial shareholding in Tekad Mulia Sdn Bhd |
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