XDL - OTHERS XiDeLang Holdings Ltd. (“XDL” or “Party A”) - Malaysia General Agent Framework Agreement
| Company Name | XIDELANG HOLDINGS LTD |
| Stock Name | XDL |
| Date Announced | 16 Jan 2014 |
| Category | General Announcement |
| Reference No | CK-140116-46805 |
| Type | Announcement |
| Subject | OTHERS |
| Description | XiDeLang Holdings Ltd. (“XDL” or “Party A”) - Malaysia General Agent Framework Agreement |
1. INTRODUCTION The Board of Directors of XDL wishes to inform that XDL has on 16 January 2014 entered into a Malaysia General Agent Framework Agreement (“Agreement”) with Universal Fitness & Leisure Sdn. Bhd. (Company No. 144122-W) (“UFL” or “Party B”) for the granting of exclusive distribution rights of XDL’s brand product series in Malaysia. Through this partnership, XDL will be able to introduce its products to Malaysian consumers via wide distribution network of UFL and which will contribute positively to the Company’s bottomline. 2. BACKGROUND INFORMATION OF UFL UFL is a private limited company incorporated under the Companies Act, 1965 in Malaysia and its principle business is distributor of Sports, Fitness & Outdoor Equipment in Malaysia. UFL holds the executive distributorships of several premier brands of sporting products and possesses an extensive dealer network throughout the country. 3. VALIDITY PERIOD OF AGREEMENT This Agreement shall continue to be valid for a period of 24 months from the date of signing of this Agreement by both parties. 4. SALIENT TERMS OF THE AGREEMENT The salient terms of the agreement are as follows:- 4.1 Use of Trademark (a) “Xidelang” trademark has been registered in the People’s Republic of China, and has been awarded “Well known trademark in China”. The said trademark has also been submitted to the Malaysian authority for registration. Party B as the “Xidelang” brand agent shall strictly comply with the provisions of the relevant Malaysian trademark authority, and to fully protect the interest of the “Xidelang” trademark. (b) Without the prior approval of Party A, Party B shall not make use of the “Xidelang” trademark or brand name for merchandise processing or any other business conduct. If Party B shall need to produce complementary advertising products, Party B shall only produce after having first reported to and obtained the written approval of Party A, and shall mail the sample thereof to Party A for record. 4.2 Limitations of Operating Rights (a) During the tenure of this Agreement, Party B shall not assign the distribution right to any third party, failing which this Agreement shall immediately be terminated upon discovery by Party A of the said violation. (b) Party B shall make goods payments to Party A within the stipulated time period in accordance with the provisions of this Agreement. 5. FINANCIAL EFFECTS The Agreement is expected to contribute positively to the profit after tax of the XDL Group for the financial year ending 31 December 2014. The Agreement does not have any impact on the share capital and/or shareholding structure of the Company. 6. INTEREST OF THE DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED WITH THEM None of the Directors and/or major shareholders of XDL and/or persons connected with them have any interest, direct or indirect, in the said agreement. 7. DIRECTORS’ STATEMENT The Board of Directors is of the opinion that the terms of the Agreement are in the best interests of the Company. This announcement is dated 16 January 2014. | |
HOHUP - Additional Listing Announcement
| Company Name | HO HUP CONSTRUCTION COMPANY BHD |
| Stock Name | HOHUP |
| Date Announced | 16 Jan 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | CS-140116-12908 |
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 | Others |
| Details of corporate proposal | Conversion of Redeemable Convertible Preference Shares to Ordinary Shares |
| No. of shares issued under this corporate proposal | 9,751,980 |
| 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 | 121,906,488 |
| Currency | MYR 60,953,244.000 |
| Listing Date | 20/01/2014 |
HOHUP - Additional Listing Announcement
| Company Name | HO HUP CONSTRUCTION COMPANY BHD |
| Stock Name | HOHUP |
| Date Announced | 16 Jan 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | CS-140116-12909 |
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 | Others |
| Details of corporate proposal | Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares |
| No. of shares issued under this corporate proposal | 8,882,000 |
| 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 | 130,788,488 |
| Currency | MYR 65,394,244.000 |
| Listing Date | 20/01/2014 |
TAKAFUL - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | SYARIKAT TAKAFUL MALAYSIA BERHAD |
| Stock Name | TAKAFUL |
| Date Announced | 16 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | ST-140116-44927 |
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 SHARES OF RM1.00 EACH |
| Name & address of registered holder | CITIGROUP NOMINEES (TEMPATAN) SDN BHD 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 | 10/01/2014 | 12,300 |
| Remarks : |
| The Notice of Changes in Substantial Shareholder's Interest (Form 29B) was received on 16 January 2014. |
ASTRO - Changes in Sub. S-hldr's Int. (29B) - T. Rowe Price Associates, Inc
| Company Name | ASTRO MALAYSIA HOLDINGS BERHAD |
| Stock Name | ASTRO |
| Date Announced | 16 Jan 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AM-140116-4D874 |
Particulars of substantial Securities Holder
| Name | T. Rowe Price Associates, Inc |
| Address | 100 East Pratt Street Baltimore, MD 21202 USA |
| NRIC/Passport No/Company No. | D00175984 |
| Nationality/Country of incorporation | Maryland Corporation, USA |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.10 each in Astro Malaysia Holdings Berhad ("AMH Shares") |
| Name & address of registered holder | Name of registered holders National Australia Bank - acquisition of 24,200 AMH Shares Address: 100 East Pratt Street Baltimore, MD 21202 USA |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 10/01/2014 | 24,200 |
| Remarks : |
| Form 29B received from T. Rowe Price Associates, Inc on 15 January 2014 at 11.33 p.m. The registered holders of the 266,467,300 AMH Shares are as follows:- 1. Brown Brothers Harriman & Co. - 529,600 AMH Shares 2. Bank of New York Mellon - 12,897,400 AMH Shares 3. HSBC Bank Malaysia Berhad - 2,255,800 AMH Shares 4. JP Morgan Chase Bank, N.A. - 206,089,800 AMH Shares 5. JP Morgan Bank Luxembourg S.A. - 21,539,300 AMH Shares 6. National Australia Bank - 6,854,100 AMH Shares 7. Northern Trust Company - 10,493,500 AMH Shares 8. State Street Bank & Trust Company - 5,807,800 AMH Shares |
IRETEX - Changes in Director's Interest (S135) - Dato' Dr Yap Tatt Keat (Amended Announcement)
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 16 Jan 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-140116-40753 |
Information Compiled By KLSE
Particulars of Director
| Name | Dato' Dr Yap Tatt Keat |
| Address | 11 Cangkat Minden, Lorong 12, 11700 Gelugor, Penang. |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 225,000 | 1.000 | |
Acquired | 84,000 | 1.400 |
| Circumstances by reason of which change has occurred | Exercise of option under Employee Share Option Scheme ("ESOS") |
| Nature of interest | Direct interest |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 5,814,354 |
| Direct (%) | 12.37 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 15/01/2014 |
| Remarks : |
| 1. This announcement serves as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. 2. The above acquisition represents 0.66% of the total issued and paid-up capital of RM47,001,400.00 divided into 47,001,400 Ordinary Shares of RM1.00 each. 3. This notice was received on 15 January 2014. 4. This amended announcement is to disclose the price of the shares acquired under the exercise of ESOS. |
IRETEX - Changes in Director's Interest (S135) - See Toh Kean Yaw (Amended Announcement)
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 16 Jan 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-140116-40424 |
Information Compiled By KLSE
Particulars of Director
| Name | See Toh Kean Yaw |
| Address | 20, Lintang Delima 12, Island Glades, 11700 Penang. |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 100,000 | 1.000 | |
Acquired | 66,500 | 1.400 |
| Circumstances by reason of which change has occurred | Exercise of option under Employee Share Option Scheme ("ESOS") |
| Nature of interest | Direct interest |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 210,000 |
| Direct (%) | 0.45 |
| Indirect/deemed interest (units) | 150,000 |
| Indirect/deemed interest (%) | 0.32 |
| Date of notice | 15/01/2014 |
| Remarks : |
| 1. This announcement serves as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. 2. The above acquisition represents 0.35% of the total issued and paid-up capital of RM47,001,400.00 divided into 47,001,400 Ordinary Shares of RM1.00 each. 3. This notice was received on 15 January 2014. 4. This amended announcement is to disclose the price of the shares acquired under the exercise of ESOS. |
CHEETAH - Notice of Shares Buy Back by a Company pursuant to Form 28A
| Company Name | CHEETAH HOLDINGS BERHAD |
| Stock Name | CHEETAH |
| Date Announced | 16 Jan 2014 |
| Category | Notice of Shares Buy Back by a Company Pursuant to Form 28A |
| Reference No | CC-140115-44291 |
BIOOSMO - Notice of Person Ceasing (29C) - PERBADANAN NASIONAL BERHAD
| Company Name | BIO OSMO BERHAD |
| Stock Name | BIOOSMO |
| Date Announced | 16 Jan 2014 |
| Category | Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965 |
| Reference No | CS-140116-EC106 |
Particulars of substantial Securities Holder
| Remarks : |
| Form 29C was received on 16/1/2014. |
BRAHIMS - MEMORANDUM OF UNDERSTANDING
| Company Name | BRAHIM'S HOLDINGS BERHAD |
| Stock Name | BRAHIMS |
| Date Announced | 16 Jan 2014 |
| Category | General Announcement |
| Reference No | CA-140116-41527 |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | BRAHIM’S HOLDINGS BERHAD (“the Company” or “BHB”) MEMORANDUM OF UNDERSTANDING BETWEEN BHB AND LABUAN HALAL HUB SDN BHD (“LHH”) |
1. INTRODUCTION The Board of Directors of BHB is pleased to announce that BHB, had on 16 January 2014, entered into a Memorandum of Understanding (“MOU”) with Labuan Halal Hub Sdn Bhd (“LHH”) to produce and supply Halal meals to offshore oil platforms and vessels, and distributing Brahim’s ready-to-eat meals and cooking sauces to East Malaysia and Brunei. BHB will also collaborate with LHH to provide technical support in the management of Halal process and accreditation to new overseas markets developed by LHH. 2. INFORMATION ON LHH 2.1 LHH LHH was established by Perbadanan Labuan to invest and expand in the Halal Industry in line with the growing demand for Halal food and services in Asia. LHH is a company carrying on the business, inter alia, as a developer and operator of the Labuan Halal Hub, promotion of the certification of “Halal” on halal products and services by competent authorities and cooperation or collaboration with any entities and ventures on the tracing, tracking and verification system of Halal products and services through electronic means or otherwise and other related services within the concept of Halal business. 3. SALIENT TERMS OF THE MOU The salient terms of the MOU, which include amongst others, are as follows: (a) Halal Meals production for supply to offshore oil platforms and vessels in and around Labuan and including companies operating from the Labuan Asian Supply Base premises. (b) Working jointly with LHH to supply a range of ready-to-eat-meals and other varieties of Brahim's Sauces and meal helpers and marketing and distributing in East Malaysia including Brunei. (c) Providing technical support and working jointly with LHH in the management of Halal processes and accreditation for China’s domestic and export markets. (d) Special partner to LHH as technical support provider in LHH halal development projects within and beyond Malaysia. (e) Working jointly with LHH on the operations of the Halal Hub Warehouse. The MOU shall remain in effect from 1 January 2014 to 31 December 2014 unless earlier terminated in accordance with the provision of the MOU. 4. RATIONALE The objective of the MOU is to form a strategic business alliance and business collaboration to explore ways and draw on the inherent synergies of the respective parties, i.e. BHB and LHH to gain new market share in Halal food catering for offshore vessels and platforms and to generate value-added ventures for Halal Hub operations in the Asia Pacific region. 5. EFFECT OF THE MOU The MOU is not expected to immediately have material effects on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of BHB for the financial year ending 31 December 2014. 6. INTEREST OF MAJOR SHAREHOLDERS AND DIRECTORS Save for Datuk Ibrahim bin Haji Ahmad, who is a major shareholder and the Executive Director of BHB, as well as a major shareholder and Director of Dewina Food Industries Sdn. Bhd. which produces the Brahim's brand of halal sauces and ready-to-eat rice meals, none of the other directors and/or major shareholders of BHB and/or persons connected to them have any interest, direct or indirect, in the MOU. 7. DIRECTOR’S STATEMENT The Board of Directors of BHB, having considered the rationale and terms of the MOU, is of the opinion that the MOU is in the best interest of the Company. 8. DOCUMENTS FOR INSPECTION A copy of the MOU is available for inspection at the registered office of the Company located at 10th Floor, Menara Hap Seng, No. 1 & 3, Jalan P. Ramlee, 50250 Kuala Lumpur during normal business hours on Mondays to Fridays (except Saturdays, Sundays and Public Holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 16 January 2014. | |
No comments:
Post a Comment