February 20, 2014

Company announcements: CUSCAPI, INARI, COMPUGT, APFT, PARKSON, YTLPOWR, ADVENTA

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

Announcement Type: General Announcement
Company NameCUSCAPI BERHAD  
Stock Name CUSCAPI  
Date Announced20 Feb 2014  
CategoryGeneral Announcement
Reference NoCC-140220-36297

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionPursuant to Chapter 14.08(a) of Bursa Malaysia's Main Market Listing Requirements on Dealing in Securities, the following Director of Cuscapi Berhad ("CUSCAPI"), intends to deal in the securities of Cuscapi during the closed period. His current shareholdings in the securities of Cuscapi as set out in the Table 1 below.

Table 1:


Name of Director: Dato' Gan Nyap Liou @ Gan Nyap Liow


Types of Securities

Direct Interest

Indirect Interest

No. of Shares

% of Holding

No. of Shares

% of Holding

Ordinary Shares of RM0-10 each

26,000,000

6.00%

-

-

Warrants

6,511,500

5.29%

-

-




INARI - OTHERS Inari Amertron Berhad ("Inari" or "the Company") - Interim Dividend for the financial year ending 30 June 2014

Announcement Type: General Announcement
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced20 Feb 2014  
CategoryGeneral Announcement
Reference NoIA-140220-65927

Admission SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionInari Amertron Berhad ("Inari" or "the Company")
- Interim Dividend for the financial year ending 30 June 2014

The Board of Directors of Inari is pleased to declare a second interim single tier dividend of 1.10 sen and a special dividend of 0.40 sen per ordinary share of RM0.10 each in respect of the financial year ending 30 June 2014.

The entitlement and payment date of the dividend will be announced at a later date.

This announcement is dated 20 February 2014.

 



INARI - Quarterly rpt on consolidated results for the financial period ended 31/12/2013

Announcement Type: Financial Results
Company NameINARI AMERTRON BERHAD (ACE Market) 
Stock Name INARI  
Date Announced20 Feb 2014  
CategoryFinancial Results
Reference NoIA-140219-36973

Admission SponsorM&A Securities Sdn Bhd
SponsorSame as above
Financial Year End30/06/2014
Quarter2
Quarterly report for the financial period ended31/12/2013
The figureshave not been audited

Attachments

Q2 2014 Final 20 2 2014.pdf
373 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2013
31/12/2012
31/12/2013
31/12/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
186,618
62,057
377,957
116,703
2Profit/(loss) before tax
26,557
11,269
48,623
21,428
3Profit/(loss) for the period
25,075
8,653
45,949
16,038
4Profit/(loss) attributable to ordinary equity holders of the parent
24,429
8,982
45,463
16,510
5Basic earnings/(loss) per share (Subunit)
5.31
2.67
10.01
4.91
6Proposed/Declared dividend per share (Subunit)
1.50
0.90
3.00
1.70


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 ($$)
0.4281
0.3565
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


COMPUGT - PROVISION OF FINANCIAL ASSISTANCE

Announcement Type: General Announcement
Company NameCOMPUGATES HOLDINGS BERHAD  
Stock Name COMPUGT  
Date Announced20 Feb 2014  
CategoryGeneral Announcement
Reference NoCP-140220-744AF

TypeAnnouncement
SubjectPROVISION OF FINANCIAL ASSISTANCE
DescriptionCOMPUGATES HOLDINGS BERHAD ("CHB" OR "THE COMPANY")
- UPDATE ON FINANCIAL ASSISTANCE PURSUANT TO PARAGRAPH 8.23(1)(ii)AND PRACTICE NOTE 11 OF THE MAIN MARKET LISTING REQUIREMENTS

The Board of Directors of CHB wishes to announce that pursuant to Paragraph 8.23(1)(ii) and Practice Note 11 of the Main Market Listing Requirements, the aggregate amount of the financial assistance provided by the following parties as at 31 December 2013 are as follows:-

(i) CHB to Canon Marketing (Malaysia) Sdn. Bhd. (CMM) in the form of a corporate guarantee for the credit terms extended to Compugates Sdn. Bhd. (CSB), a wholly-owned subsidiary of the Company, for the supply of goods and/or services supplied by CMM to CSB, for an amount of RM17 million;

(ii) Compugates Sabah Sdn. Bhd. (CSSB), a subsidiary of Compugates Marketing Sdn. Bhd. (CMSB), which in turn is a wholly-owned subsidiary of CHB to Tascon Enterprise, Cahaya Metro Sdn. Bhd. and IZ-AN Corporation (M) Sdn. Bhd. in the form of security deposits of RM7,497.50, RM60,000.00 and RM6,000.00 respectively; and

(iii) CHB to YTL Digital Sdn Bhd (YTLD) in form of a corporate guarantee for the credit terms extended to CSB, a wholly-owned subsidiary of the Company, for the supply of goods and/or services supplied by YTLD to CSB, for an amount of RM2.5 million.

The provision of the Financial Assistance did not have material financial effect on the net assets, gearing, earnings, share capital and substantial shareholders' shareholdings of the Company for the quarter ended 31 December 2013.

This announcement is dated 20 February 2014.



COMPUGT - Quarterly rpt on consolidated results for the financial period ended 31/12/2013

Announcement Type: Financial Results
Company NameCOMPUGATES HOLDINGS BERHAD  
Stock Name COMPUGT  
Date Announced20 Feb 2014  
CategoryFinancial Results
Reference NoCP-140220-744B0

Financial Year End31/12/2013
Quarter4
Quarterly report for the financial period ended31/12/2013
The figureshave not been audited

Attachments

Grp FS Q4 2013.pdf
193 KB

Notes 2013 Q4.pdf
296 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2013

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2013
31/12/2012
31/12/2013
31/12/2012
$$'000
$$'000
$$'000
$$'000
1Revenue
29,090
43,584
131,263
524,211
2Profit/(loss) before tax
-6,340
-6,128
-7,419
-8,081
3Profit/(loss) for the period
-6,473
-5,940
-3,470
-9,253
4Profit/(loss) attributable to ordinary equity holders of the parent
-4,624
-5,408
-1,429
-7,690
5Basic earnings/(loss) per share (Subunit)
-0.22
-0.25
-0.07
-0.36
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 ($$)
0.0700
0.0600
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


APFT - OTHERS APFT BERHAD ("APFT" OR "THE COMPANY") AGREEMENT ("AGREEMENT") BETWEEN AVIATION AUSTRALIA PTY LTD ("AA") AND ASIA PACIFIC FLIGHT TRAINING SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF APFT

Announcement Type: General Announcement
Company NameAPFT BERHAD  
Stock Name APFT  
Date Announced20 Feb 2014  
CategoryGeneral Announcement
Reference NoCC-140220-66472

TypeAnnouncement
SubjectOTHERS
DescriptionAPFT BERHAD ("APFT" OR "THE COMPANY")
AGREEMENT ("AGREEMENT") BETWEEN AVIATION AUSTRALIA PTY LTD ("AA") AND ASIA PACIFIC FLIGHT TRAINING SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF APFT
INTRODUCTION
The Board of Directors of APFT is pleased to announce that Asia Pacific Flight Training Sdn. Bhd. (“APFTSB”), a wholly-owned subsidiary of the Company, had on 3 December 2013 entered into an Agreement with AA to establish a European Aviation Safety Agency (EASA) approved aircraft maintenance engineer training capacity in Malaysia to enable students to enrol in diploma of aircraft maintenance engineering course with AA.

INFORMATION ON AA

AA is a company incorporated in Queensland with its registered office at 16 Boronia Road, Brisbane Airport, 4008, Queensland, Australia.
INFORMATION ON APFTSB

APFTSB, a wholly-owned subsidiary of APFT was incorporated in Malaysia under the Companies Act, 1965 on 13 December 2000. The authorised share capital of APFTSB is RM5,000,000-00 comprising 5,000,000 ordinary shares of RM1.00 each, of which 3,000,000 ordinary shares of RM1.00 each have been issued and fully paid-up. The principal activity of APFTSB is to provide flight education and training.

SALIENT TERMS OF THE AGREEMENT

Conditions Precedent

The Agreement shall be subject to and conditional upon all consents, approvals, permit or other authorities required being obtained by APFTSB and AA prior to the commencement date i.e. 15 February 2014 and maintained during the life of the Agreement including:-

i) EASA approval of APFTSB as an approved sub-contractor to AA;
ii) EASA approval of AA to utilise APFTSB to deliver the approved courses which AA has approved APFTSB to deliver in Malaysia at the facilities of AFPTSB prior to completion of a specific AA course of study; and
iii) Australia Government approval of the total package of courses AA has approved APFTSB to deliver in Malaysia (“Approved Course”).

Term of the Agreement

i) The term of the Agreement shall be for a period of five (5) years commencing on the Agreement date.
ii) The term of the Agreement may be extended by written agreement of both parties.
iii) The Agreement may be terminated by either party giving to the other party twelve (12) months notice in writing of such intended termination.
iv) In the event either party shall give notice under item iii) above or Clause 9(a) of the Agreement (i.e. if a party defaults in the performance of any obligation under the Agreement and such default continues for a period of thirty (30) days after the party not in default has given a notice to the party in default specifying the default and requiring it to be remedied with the said 30 days, then the party not in default may terminate the Agreement by giving a further notice to the party in default stating that the Agreement is terminated) or Clause 10.3 of the Agreement (i.e. if a delay or failure a party to perform its obligations due to a circumstances beyond the reasonable control of a party which results in that party being unable to perform on time an obligation under the Agreement exceeds sixty (60) days, either party may immediately terminate the Agreement by notice to the party) both parties must ensure that all enrolled students have a satisfactory means of completing the Approved Course.

RATIONALE FOR THE AGREEMENT

The Agreement will provide a collaborative venture leading to the establishment of an EASA Part 147 regional aviation training in Malaysia.

AA will conduct an agreed portion of the studies in Malaysia at the facility of APFTSB.

The signing of the Agreement will enable the APFT Group to diversify its revenue and earning base in future.

FINANCIAL EFFECTS OF THE AGREEMENT

The Agreement is not expected to have any material effects on the share capital, substantial shareholders’ shareholdings, net assets and earnings of the Company for the financial period ending 31 March 2014.

DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST

None of the Directors and major shareholders of APFT or any persons connected to them have any interest, direct and indirect, in the Agreement.

STATEMENT BY DIRECTORS

The Board is of the opinion that the Agreement is in the best interest of APFT Group.

APPROVAL REQUIRED

The Agreement is not subject to the approval of the shareholders of APFT or any regulatory authorities.

DOCUMENT FOR INSPECTION

The Agreement is available for inspection during normal business hours on Mondays to Fridays (except public holidays) at the Registered Office of the Company at Unit 07-02, Level 7, Persoft Tower, 6b Persiaran Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan for a period of three (3) months from the date of this announcement.

This announcement is dated 20 February 2014.



PARKSON - OTHERS Announcement by Parkson Retail Group Limited - Resignation of Chief Executive Officer - Appointment of Interim Chief Executive Officer - Re-designation of Director

Announcement Type: General Announcement
Company NamePARKSON HOLDINGS BERHAD  
Stock Name PARKSON  
Date Announced20 Feb 2014  
CategoryGeneral Announcement
Reference NoPH-140220-67923

TypeAnnouncement
SubjectOTHERS
DescriptionAnnouncement by Parkson Retail Group Limited
- Resignation of Chief Executive Officer
- Appointment of Interim Chief Executive Officer
- Re-designation of Director

We attach herewith the announcement to The Stock Exchange of Hong Kong Limited (“The HKEx”) on 20 February 2014 by Parkson Retail Group Limited (“PRGL”), a 51.59% owned subsidiary of the Company listed on The HKEx, on the following:

(a) Resignation of Mr Tan Hun Meng ("Mr Tan") as the chief executive officer (“CEO”) of PRGL and its subsidiaries (“PRGL Group”) and the re-designation of Mr Tan who is also the Executive Director of PRGL as Non-executive Director with effect from 1 March 2014; and

(b) Appointment of Mr Chong Sui Hiong as the Interim CEO of the PRGL Group with effect from 1 March 2014.

Attachments

PRGL Announcement.pdf
84 KB



YTLPOWR - Others

Announcement Type: Entitlements (Notice of Book Closure)
Company NameYTL POWER INTERNATIONAL BHD  
Stock Name YTLPOWR  
Date Announced20 Feb 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoYP-140220-898AC

EX-date11/03/2014
Entitlement date13/03/2014
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionDistribution of One (1) treasury share for every Twenty (20) existing ordinary shares of RM0.50 each held ("Share Dividend")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be 13/03/2014 to 13/03/2014 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noYTL Corporation Berhad
11th Floor, Yeoh Tiong Lay Plaza
55, Jalan Bukit Bintang
55100 Kuala Lumpur
Tel.: 603-2142 6633
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers13/03/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorRatio
Ratio 1 : 20
Rights Issues/Offer Price

Remarks :
Holders of Warrants 2008/2018 are reminded to lodge with the Company's Registrar, YTL Corporation Berhad of 11th Floor, Yeoh Tiong Lay Plaza, 55 Jalan Bukit Bintang, 55100 Kuala Lumpur, their subscription forms and subscription monies for subscription of new shares by 5:00 p.m. on 03/03/2014 to qualify for the Share Dividend.

The exercise price of the Warrants 2008/2018 will be adjusted in accordance with the Deed Poll dated 5 May 2008. The adjustment to the exercise price of the Warrants 2008/2018 will take effect from 9:00 a.m. on 14/03/2014, being the market day next following the Book Closure Date for the Share Dividend. Holders of Warrants 2008/2018 who have not exercised their warrants by 5:00 p.m. on 03/03/2014 will be notified in due course of the quantum of the adjustment to the exercise price of the Warrants 2008/2018.

Subject to the approval of Bursa Malaysia Depository Sdn Bhd for the transfer of treasury shares under the share buy-back account by bulk transfer method of debiting and crediting the treasury shares to be distributed under the Share Dividend will be credited into the entitled shareholders' account maintained with Bursa Malaysia Depository Sdn Bhd within ten (10) market days from the Book Closure Date of 13/03/2014.


ADVENTA - PRACTICE NOTE 17 / GUIDANCE NOTE 3:OTHERS

Announcement Type: General Announcement
Company NameADVENTA BERHAD  
Stock Name ADVENTA  
Date Announced20 Feb 2014  
CategoryGeneral Announcement
Reference NoMB-140220-68551

TypeAnnouncement
SubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
DescriptionADVENTA BERHAD (“ADVENTA” OR “COMPANY”)

UPLIFTMENT FROM PN17 STATUS

This announcement is dated 20 February 2014.

We refer to the Company’s announcements dated 7 January 2013, 4 February 2013, 1 March 2013, 1 April 2013, 5 April 2013, 2 May 2013, 3 June 2013, 1 July 2013, 1 August 2013, 2 September 2013, 1 October 2013, 1 November 2013, 2 December 2013, 31 December 2013, 2 January 2014, 6 January 2014 and 4 February 2014 (“Earlier Announcements”).

Unless otherwise stated, the definitions used throughout this announcement shall have the same meanings as defined in the Earlier Announcements.

On 7 January 2013, Adventa was classified as an “Affected Listed Issuer” pursuant to paragraph 2.1(g) of Practice Note 17 (“PN 17”) of the Main Market Listing Requirements (“Listing Requirements”) of Bursa Malaysia Securities Berhad (“Bursa Securities”) following the completion of the disposal of its entire gloves manufacturing and trading business. Adventa had since been focusing on providing services and solutions to the healthcare industry, which include distribution of hospital supplies, commercial and industrial sterilisation of medical devices and other sterilisable products as well as home renal dialysis services.

On 31 December 2013, Adventa submitted an application to Bursa Securities for a waiver to submit a regularisation plan and upliftment of Adventa from being classified as a PN 17 company (“Application”).

On behalf of Adventa, AmInvestment Bank wishes to announce that Bursa Securities had, vide its letter dated 19 February 2014, approved the Application and accordingly Adventa will be uplifted from being classified as a PN 17 company effective from 9.00 a.m. on Friday, 21 February 2014.

Please refer to the attachment for further details.


ADVENTA - ADVENTA-RESUMPTION OF TRADING

Announcement Type: Listing Circular
Company NameADVENTA BERHAD  
Stock Name ADVENTA  
Date Announced20 Feb 2014  
CategoryListing Circular
Reference NoIJ-140220-54031

LISTING'S CIRCULAR NO. L/Q : 69854 OF 2014

Further to Listing's Circular No. L/Q 69848 of 2014, kindly be advised that trading in the above Company's shares will resume with effect from 9.00 a.m., Friday, 21 February 2014.

Your attention is drawn to the Company's announcement dated 20 February 2014.


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