January 2, 2014

Company announcements: OCTAGON, HIGH5, WANGZNG, VINTAGE, SPSETIA, ITRONIC, MITRA, WCT

OCTAGON - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameOCTAGON CONSOLIDATED BERHAD  
Stock Name OCTAGON  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoOC-140102-89E90

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionMONTHLY ANNOUNCEMENT ON THE STATUS OF THE COMPANY’S REGULARISATION PLAN PURSUANT TO PRACTICE NOTE 17 (“PN 17”) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA MALAYSIA")

Reference is made to the monthly announcement made on 2 December 2013 and the announcement dated 23 December 2013 on the approval of Bursa Malaysia to the Company's application for an extension of up to 18 February 2014 to submit the Regularisation Plan to the relevant authorities and the deferment of the de-listing procedures on the securities of the Company.

 

The Board of Directors wishes to inform that the Company is in the midst of preparing the Regularisation Plan for submission to the appropriate authorities for approval and thus will announce further developments on the above matter as and when necessary. 

  

 

This announcement is dated 2 January 2014. 



HIGH5 - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameHIGH-5 CONGLOMERATE BERHAD  
Stock Name HIGH5  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140102-E18EA

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionHigh-5 Conglomerate Berhad ("HIGH5" or "the Company")
Monthly Update on the status of its Default in Payment pursuant to Practice Note 1 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("PN 1").

In compliance with paragraph 3.2 of PN 1, the Board of Directors of HIGH5 wishes to inform that there has been no material development on the status other than the announcements made on 2 December 2013 in relation thereto.

This announcement is dated 2 January 2014.



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

Announcement Type: General Announcement
Company NameWANG-ZHENG BERHAD  
Stock Name WANGZNG  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140102-B58F0

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionWANG-ZHENG BERHAD (“WZB” or “the Company”)
- Proposed Disposal of Land by New Top Win Corporation Sdn Bhd, a Wholly-Owned Subsidiary of the Company

(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 30 December 2013)

Reference is made to the Company’s announcement made on 30 December 2013.

The Board of Directors of Wang-Zheng Berhad (“WZB” or “the Company”) wishes to further announce that :-

1. The further details of the Property are as follows :-

Total land area (square metres)

Approximately 27,233

Total built-up area for five (5) units of single storey factories and two (2) units of administrative blocks (square metres)

Approximately 15,997

Approximately age of the buildings

20 years

2. Upon the completion of the Proposed Disposal, NTW will rent a storage place from a warehouse management company which is located at an industrial estate at Port Klang.

3. The average selling price for the similar properties that are currently offered for sale in the same vicinity is around RM1,700.00 per square metres as compared to the Sale Consideration of RM25,000,000.00 or approximately RM1,563.00 per square metres.

4. The Initial Deposit of RM500,000.00 was paid to NTW by the Purchaser on 18 December 2013 and the balance of RM2,000,000.00 (“Balance Deposit”) was paid to NTW’s solicitors as stakeholders upon the signing of the SPA on 28 December 2013.

5. Upon the completion of the Proposed Disposal, the expected gain arising from the Proposed Disposal would result in an increase in the Group’s EPS by approximately 3.4 sen.

6. The transfer of the Property from NTW to the Purchaser is subject to the approval or consent from the Selangor State Authority, Pentadbir Tanah Daerah Klang and Foreign Investment Committee respectively. Both the Purchaser and NTW will proceed the submission of application to the relevant authorities within 14 days from the date of signing of the SPA and all the required approvals are expected to be obtained within 6 months from 28 December 2013.

This announcement is dated 2 January 2014.



VINTAGE - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameVTI VINTAGE BERHAD  
Stock Name VINTAGE  
Date Announced2 Jan 2014  
CategoryGeneral Announcement
Reference NoCC-140102-5CAA8

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
DescriptionVTI VINTAGE BERHAD (“VVB” or “the Company”)
- Monthly Announcement on Status of Plan to Regularise Condition Pursuant to Practice Note No. 17 of the Main Market Listing Requirements (“PN17”) of Bursa Malaysia Securities Berhad

Reference is made to the Company’s announcements dated 2 December 2013 and 5 December 2013 respectively.

The Board of Directors of VTI Vintage Berhad (“VVB” or “the Company”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 5 December 2013, approved an extension of time until 31 August 2014 for the Company to implement its proposed regularisation plan.

The Company is now in the midst of finalising the circular to shareholders to approve the proposed regularisation plan of the Company at an extraordinary general meeting to be convened.

Further announcement on the development of the above matter will be made to Bursa Securities in due course.

This announcement is dated 2 January 2014.



SPSETIA - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced2 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-140102-6DDCA

Particulars of substantial Securities Holder

NameKUMPULAN WANG PERSARAAN (DIPERBADANKAN)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary - RM0.75 per share
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed26/12/2013
135,000
 
Disposed27/12/2013
47,600
 

Circumstances by reason of which change has occurredDisposal of shares in open market by KWAP's Fund Manager.
Nature of interestDirect and Indirect
Direct (units)154,314,950 
Direct (%)6.28 
Indirect/deemed interest (units)10,849,700 
Indirect/deemed interest (%)0.44 
Total no of securities after change165,164,650
Date of notice02/01/2014

Remarks :
Form 29B received on 2/1/2014


ITRONIC - Change in Boardroom (Amended Announcement)

Announcement Type: Change in Boardroom
Company NameINDUSTRONICS BERHAD  
Stock Name ITRONIC  
Date Announced2 Jan 2014  
CategoryChange in Boardroom
Reference NoCC-131226-15C14

Date of change19/12/2013
NameTang Wai Man Raymond
Age63
NationalityChinese
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsEducation :-

1. Bachelor of Arts (Business Administration), Bolton University (Formerly Bolton Institute of Higher Education, UK
2. Diploma in Legal Studies, Hong Kong University
3. Certificate in China Trade Law & Practice, Hong Kong University

Professional Qualification :-

1. Fellow, CPA Australia
2. Fellow, National Institute of Accountants, Australia
3. Fellow, Association of International Accountants, U.K.
4. Fellow, The Taxation Institute of Hong Kong
5. Certified Tax Adviser, Hong Kong  
Working experience and occupation Mr. Tang is a financial & business consultant and tax adviser practicing in Hong Kong.

Mr. Tang has extensive experience in financial consultancy,
taxation, auditing, business and project management, fund
raising, corporate services and China trade.

Mr. Tang is the Managing Director of Asia Pacific Financial Consultants Ltd and Professional Consultant of James T.W. Kong & Co. Certified Public Accountants, Hong Kong. He is also the Council Member of The Taxation Institute of Hong Kong and Chairman of the Greater China Liaison Committee, The Taxation Institute of Hong Kong. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 


ITRONIC - Change in Audit Committee (Amended Announcement)

Announcement Type: Change in Audit Committee
Company NameINDUSTRONICS BERHAD  
Stock Name ITRONIC  
Date Announced2 Jan 2014  
CategoryChange in Audit Committee
Reference NoCC-131226-16483

Date of change19/12/2013
NameTang Wai Man Raymond
Age63
NationalityChinese
Type of changeAppointment
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
QualificationsEducation :-

1. Bachelor of Arts (Business Administration), Bolton University (Formerly Bolton Institute of Higher Education, UK
2. Diploma in Legal Studies, Hong Kong University
3. Certificate in China Trade Law & Practice, Hong Kong University

Professional Qualification :-

1. Fellow, CPA Australia
2. Fellow, National Institute of Accountants, Australia
3. Fellow, Association of International Accountants, U.K.
4. Fellow, The Taxation Institute of Hong Kong
5. Certified Tax Adviser, Hong Kong 
Working experience and occupation Mr. Tang is a financial & business consultant and tax adviser practicing in Hong Kong.

Mr. Tang has extensive experience in financial consultancy, taxation, auditing, business and project management, fund raising, corporate services and China trade.

Mr. Tang is the Managing Director of Asia Pacific Financial Consultants Ltd and Professional Consultant of James T.W. Kong & Co. Certified Public Accountants, Hong Kong. He is also the Council Member of The Taxation Institute of Hong Kong and Chairman of the Greater China Liaison Committee, The Taxation Institute of Hong Kong. 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)1. Tang Wai Man Raymond
(Chairman, Independent Non-Executive Director)

2. Wong Yuk Ching Anna
(Member, Independent Non-Executive Director)

3. Liau Lian Fatt
(Member, Independent Non-Executive Director)


MITRA - Changes in Director's Interest (S135) - Tan Eng Piow

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMITRAJAYA HOLDINGS BERHAD  
Stock Name MITRA  
Date Announced2 Jan 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-140102-BBE83

Information Compiled By KLSE

Particulars of Director

NameTan Eng Piow
AddressC-39A-3, Kiara 9 Residency
Jalan Kiara 3, Mont Kiara
50480 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary share of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
31/12/2013
144,800
0.500 

Circumstances by reason of which change has occurredOpen market purchase
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)161,475,459 
Direct (%)40.96 
Indirect/deemed interest (units)2,170,000 
Indirect/deemed interest (%)0.55 
Date of notice02/01/2014

Remarks :
The notice was received by the Company on 2 January 2014 and also serves as notice of dealing pursuant to Paragraph 14.09(a) of the Listing Requirements as follows :

Date of dealing : 31 December 2013
Consideration : RM0.50 each
No. of securities : 144,800
% of issued securities : 0.04


WCT - Changes in Director's Interest (S135) - Taing Kim Hwa

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced2 Jan 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoWW-140102-69919

Information Compiled By KLSE

Particulars of Director

NameTaing Kim Hwa
Address10, Jalan Eksekutif U1/6, Seksyen U1, 40000 Shah Alam, Selangor Darul Ehsan
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
31/12/2013
50,000
2.000 

Circumstances by reason of which change has occurredAcquisition of shares in the open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)2,343,166 
Direct (%)0.21 
Indirect/deemed interest (units)207,875,062 
Indirect/deemed interest (%)19.03 
Date of notice02/01/2014

Remarks :
This announcement also serves as an announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements.


WCT - Changes in Sub. S-hldr's Int. (29B) - Taing Kim Hwa

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameWCT HOLDINGS BERHAD  
Stock Name WCT  
Date Announced2 Jan 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoWW-140102-69918

Particulars of substantial Securities Holder

NameTaing Kim Hwa
Address10, Jalan Eksekutif U1/6, Seksyen U1, 40000 Shah Alam, Selangor Darul Ehsan
NRIC/Passport No/Company No.530604-10-5005
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.50 each
Name & address of registered holder1) WCT Capital Sdn Bhd
2) Taing Kim Hwa
3) Various Nominees

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired31/12/2013
50,000
2.000 

Circumstances by reason of which change has occurredAcquisition of shares in the open market
Nature of interestDirect
Direct (units)2,343,166 
Direct (%)0.21 
Indirect/deemed interest (units)207,875,062 
Indirect/deemed interest (%)19.03 
Total no of securities after change210,218,228
Date of notice02/01/2014


No comments:

Post a Comment