January 27, 2014

Company announcements: INFOTEC, OSKVI, GDEX, MTOUCHE, ETITECH, SUMATEC

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

Announcement Type: General Announcement
Company NameINFORTECH ALLIANCE BERHAD (ACE Market) 
Stock Name INFOTEC  
Date Announced27 Jan 2014  
CategoryGeneral Announcement
Reference NoCS-140127-53A2A

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionInfortech Alliance Berhad (“IAB”)
- Proposed Acquisition of Property
The Board of Directors of IAB wishes to announce that its wholly-owned subsidiary, Jaring Metal Industries Sdn. Bhd. ("JMI") has on 24 January 2014 entered into a sale and purchase agreement (“SPA”) with Pipeco Sdn. Bhd. (Company No. 128355-X) for the acquisition of the Property (as defined in the SPA) for a total cash consideration of RM14.5 million (Ringgit Malaysia: Fourteen Million and Five Hundred Thousand Only) (“Proposed Acquisition”).
Further details on the Proposed Acquisition is set out in the attachement to this announcement.

This announcement is dated 27 January 2014.


OSKVI - Changes in Director's Interest (S135) - Tan Sri Ong Leong Huat @ Wong Joo Hwa

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced27 Jan 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140127-8DE10

Information Compiled By KLSE

Particulars of Director

NameTan Sri Ong Leong Huat @ Wong Joo Hwa
Address21, Persiaran Basong, Damansara Heights, 50490 Kuala Lumpur
Descriptions(Class & nominal value)Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
24/01/2014
1,394
0.150 

Circumstances by reason of which change has occurredAcquisition of warrants by OSK Equity Holdings Sdn. Bhd. arising from the valid acceptances received in respect of Unconditional Mandatory Take-Over Offer
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)45,782,146 
Indirect/deemed interest (%)46.78 
Date of notice27/01/2014

Remarks :
The indirect interests of Tan Sri Ong Leong Huat @ Wong Joo Hwa are as follows:-

Puan Sri Khor Chai Moi - 752,710
(Deemed interested by virtue of his spouse's warrant holdings in the Company)

Ong Yee Ching - 530,338
Ong Yee Min - 34,074
Ong Yin Suen - 72,228
Ong Ju Yan - 221,934
Ong Ju Xing - 39,984
(Deemed interested by virtue of his children's warrant holdings in the Company)

OSK Holdings Berhad - 231,700
Land Management Sdn. Bhd. - 4,788,806
OSK Equity Holdings Sdn. Bhd. - 39,110,372
(Deemed interested pursuant to Section 6A of the Companies Act, 1965)

The above announcement is also made to comply with Rule 14.08 of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements.


OSKVI - Changes in Director's Interest (S135) - Tan Sri Ong Leong Huat @ Wong Joo Hwa

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced27 Jan 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140127-8DE0F

Information Compiled By KLSE

Particulars of Director

NameTan Sri Ong Leong Huat @ Wong Joo Hwa
Address21, Persiaran Basong, Damansara Heights, 50490 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
24/01/2014
125,400
0.575 
Acquired
24/01/2014
34,471
0.580 

Circumstances by reason of which change has occurred(1) Acquisition of shares through open market by OSK Equity Holdings Sdn. Bhd.
(2) Acquisition of shares by OSK Equity Holdings Sdn. Bhd. arising from the valid acceptances received in respect of Unconditional Mandatory Take-Over Offer
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)108,329,571 
Indirect/deemed interest (%)55.34 
Date of notice27/01/2014

Remarks :
The indirect interests of Tan Sri Ong Leong Huat @ Wong Joo Hwa are as follows:-

Puan Sri Khor Chai Moi - 1,505,422
(Deemed interested by virtue of his spouse's shareholding in the Company)

Ong Ju Xing - 86,786
Ong Yee Min - 126,948
Ong Yin Suen - 144,457
Ong Ju Yan - 443,869
Ong Yee Ching - 1,060,678
(Deemed interested by virtue of his children's shareholdings in the Company)

OSK Equity Holdings Sdn. Bhd. - 104,498,010
OSK Holdings Berhad - 463,401
(Deemed interested pursuant to Section 6A of the Companies Act, 1965)

The above announcement is also made to comply with Rule 14.08 of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements.


OSKVI - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Ong Leong Huat @ Wong Joo Hwa

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced27 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140127-8DE0E

Particulars of substantial Securities Holder

NameTan Sri Ong Leong Huat @ Wong Joo Hwa
Address21, Persiaran Basong, Damansara Heights, 50490 Kuala Lumpur
NRIC/Passport No/Company No.440405-08-5313
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderOSK Equity Holdings Sdn. Bhd.
7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired24/01/2014
125,400
0.575 
Acquired24/01/2014
34,471
0.580 

Circumstances by reason of which change has occurred(1) Acquisition of shares through open market by OSK Equity Holdings Sdn. Bhd.
(2) Acquisition of shares by OSK Equity Holdings Sdn. Bhd. arising from the valid acceptances received in respect of Unconditional Mandatory Take-Over Offer
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)104,961,411 
Indirect/deemed interest (%)53.62 
Total no of securities after change104,961,411
Date of notice27/01/2014

Remarks :
The indirect interests of Tan Sri Ong Leong Huat @ Wong Joo Hwa are as follows:-

OSK Equity Holdings Sdn. Bhd. - 104,498,010
OSK Holdings Berhad - 463,401
(Deemed interested pursuant to Section 6A of the Companies Act, 1965)


OSKVI - Changes in Sub. S-hldr's Int. (29B) - OSK Equity Holdings Sdn. Bhd.

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced27 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140127-8DE0D

Particulars of substantial Securities Holder

NameOSK Equity Holdings Sdn. Bhd.
Address7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur
NRIC/Passport No/Company No.1030788-T
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderOSK Equity Holdings Sdn. Bhd.
7th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired24/01/2014
125,400
0.575 
Acquired24/01/2014
34,471
0.580 

Circumstances by reason of which change has occurred(1) Acquisition of shares through open market
(2) Acquisition of shares arising from the valid acceptances received in respect of Unconditional Mandatory Take-Over Offer
Nature of interestDirect
Direct (units)104,498,010 
Direct (%)53.39 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change104,498,010
Date of notice27/01/2014


GDEX - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameGD EXPRESS CARRIER BERHAD  
Stock Name GDEX  
Date Announced27 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140127-435C4

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionThe Director of GDEX, Dato' Capt. Ahmad Sufian @ Qurnain Bin Abdul Rashid, has given notice of his intention to deal in the securities of the Company during this closed-period. His current holding of the securities of the Company are as set out in the table hereunder.

This announcement is dated 27 January 2014.
Name of Registered Holder
Nature of Interest
No. of Ordinary Shares of RM0.05 each
Percentage (%)
Ahmad Sufian @ Qurnain Bin Abdul Rashid
Direct Interest
9,827,000
1.18
Essem Capital Sdn Bhd (1)
Indirect Interest
3,025,000
0.36
Datin Mardiana Binti Mohamed Zain (2)
Indirect Interest
6,050,000
0.73
TOTAL
18,902,000
2.27

Note:
(1) Deemed interested by virtue of my substantial shareholdings pursuant to Section 6(A)(4) of the Companies Act, 1965,
(2) Deemed interested by virtue of my spouse’s shareholding pursuant to Section 134(12)(c) of the Companies Act, 1965.

Remarks: The table on Dato' Capt. Ahmad Sufian @ Qurnain Bin Abdul Rashid's interest in warrants has been removed as he has exercised all his warrants, as per announcement made on 8 January 2014.


MTOUCHE - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameMTOUCHE TECHNOLOGY BERHAD (ACE Market) 
Stock Name MTOUCHE  
Date Announced27 Jan 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCA-140127-61966

Date of buy back27/01/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)41,300
Minimum price paid for each share purchased ($$)0.225
Maximum price paid for each share purchased ($$)0.225
Total consideration paid ($$)9,361.05
Number of shares purchased retained in treasury (units)41,300
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)16,025,600
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 (%)6.92


ETITECH - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced27 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140127-62355

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionETITECH CORPORATION BERHAD ("ETITECH" OR "THE COMPANY")
- Further extension of Restraining Order under Section 176(10) of the Companies Act, 1965
We refer to our earlier announcement on 30 October 2013 in respect of the Restraining Order pursuant to Section 176(10) of the Companies Act, 1965 granted by the Shah Alam High Court to the Company ETITECH and ETI Tech (M) Sdn Bhd, a wholly-owned subsidiary of the Company.
The Board of Directors of ETITECH wishes to announce that the Shah Alam High Court has, on 24 January 2014, granted an extension of the Restraining Order under Section 176(10) of the Companies Act, 1965 for a further period of 5 months and 2 weeks commencing from 14 January 2014. The Restraining Order will expired on 27 June 2014.

The Restraining Order is not expected to have any material impact on the financial and operational matters of ETITECH Group.

This announcement is dated 27 January 2014.


ETITECH - Quarterly rpt on consolidated results for the financial period ended 30/11/2013

Announcement Type: Financial Results
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced27 Jan 2014  
CategoryFinancial Results
Reference NoCC-140127-65441

Financial Year End28/02/2014
Quarter3
Quarterly report for the financial period ended30/11/2013
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/11/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/11/2013
30/11/2012
30/11/2013
30/11/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
1,987
514
2,432
72,270
2Profit/(loss) before tax
-2,687
-13,347
-8,366
-20,343
3Profit/(loss) for the period
-2,687
-13,347
-8,366
-19,937
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,687
-13,347
-8,366
-19,937
5Basic earnings/(loss) per share (Subunit)
-0.38
-1.89
-1.18
-2.82
6Proposed/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 ($$)
0.0600
0.0700
Definition of Subunit:

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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


SUMATEC - OTHERS Sumatec Resources Berhad ("Sumatec" or "the Company") - Clarification to the article published in Business Times of News Straits Times, entitled "More oil, gas find for Sumatec?" dated 27 January 2014

Announcement Type: General Announcement
Company NameSUMATEC RESOURCES BERHAD  
Stock Name SUMATEC  
Date Announced27 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140127-7BB04

TypeAnnouncement
SubjectOTHERS
DescriptionSumatec Resources Berhad ("Sumatec" or "the Company")
- Clarification to the article published in Business Times of News Straits Times, entitled "More oil, gas find for Sumatec?" dated 27 January 2014

Reference is made to the article appeared in Business Times of News Straits Times entitled "More oil, gas find for Sumatec?" dated 27 January 2014.

Sumatec wishes to clarify the following :-

Reported : Sumatec Resources Bhd is believed to have found a larger pool of oil and gas at its oil field in Kazakhstan.

Correction : The Management is currently carrying out an internal review of the oil and gas reserves in the Rakushechnoye Oil Field (“the Field”). The management believes that there are potentially more oil and gas reserves in the Field than those already certified. However, this will only be confirmed by a new reserves certification to be conducted by an independent competent body, which is planned to be completed in the later half of 2014.

Reported : The discovery of additional oil and gas resources may warrant a change in its forecast net profit of RM86 million for the 2013 financial year and RM69 million for 2014.

Correction : The Company foresees that the enlarged certified reserves will contribute significantly to the long term earnings of the Company, but with immaterial impact to the earnings for 2014. The Company therefore does not intend to revise the forecast earnings for 2013 and 2014.

Reported : Sumatec will have to reimburse Markmore Energy the cost of exploring and developing the oil field amounting to US$135 million (RM450 million), and spend another US$60 million on infrastructure to speed up production.

Correction: Under the Joint Investment Agreement signed in March 2012, Sumatec paid US$95 million to Markmore Energy (“Markmore”) for the rights to share the oil profit with Markmore, and another US$40 million as performance guarantee. The performance guarantee is to be recovered by Sumatec from future royalty payments to Markmore. Sumatec expects to spend about US$60 million for capital expenditure over the next 12-24 months, which is fully recoverable from CaspiOilGas LLP, the concession owner.

This announcement is dated 27 January 2014.





No comments:

Post a Comment