February 28, 2014

Company announcements: IRIS, CUSCAPI, CWORKS, ETITECH, SRIDGE, WINTONI, KEYASIC

IRIS - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced28 Feb 2014  
CategoryChange in Boardroom
Reference NoIC-140228-62711

Date of change28/02/2014
NameDatuk Faizoull Bin Ahmad
Age53
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateNon Independent & Non Executive
QualificationsMaster in Public Administration 
Working experience and occupation Datuk Faizoull Bin Ahmad is currently the Director General of The Felda Land Development Authority (FELDA). He has been serving as the Director General since 2012. 
Directorship of public companies (if any)1. FELDA GLOBAL VENTURES HOLDINGS BERHAD
2. MALAYSIA SUGAR MANUFACTURER BERHAD 
Family relationship with any director and/or major shareholder of the listed issuerNONE 
Any conflict of interests that he/she has with the listed issuerNONE 
Details of any interest in the securities of the listed issuer or its subsidiariesNONE 


IRIS - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced28 Feb 2014  
CategoryChange in Boardroom
Reference NoIC-140228-63286

Date of change28/02/2014
NameMuhammad Sufi Bin Mahbub
Age49
NationalityMalaysian
Type of changeAppointment
DesignationDirector
DirectorateNon Independent & Non Executive
QualificationsBACHELOR OF BUSINESS ACCOUNTACY, QUEENSLAND UNIVERSITY OF TECHNOLOGY, BRISBANE QUEENSLAND, AUSTRALIA 
Working experience and occupation MUHAMMAD SUFI BIN MAHBUB IS CURRENTLY THE DEPUTY DIRECTOR GENERAL (STRATEGIC RESOURCES)IN THE FEDERAL LAND DEVELOPMENT AUTHORITY (FELDA)AND HAS VAST EXPERIENCE IN MANAGEMENT AND GLOBAL CORPORATE STRATEGIES. 
Directorship of public companies (if any)NONE 
Family relationship with any director and/or major shareholder of the listed issuerNONE 
Any conflict of interests that he/she has with the listed issuerNONE 
Details of any interest in the securities of the listed issuer or its subsidiariesNONE 


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

Announcement Type: Financial Results
Company NameCUSCAPI BERHAD  
Stock Name CUSCAPI  
Date Announced28 Feb 2014  
CategoryFinancial Results
Reference NoCC-140228-53744

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

Attachments

Q4 2013 Financials.pdf
174 KB

Q4 2013 Notes.pdf
167 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
12,394
14,177
48,255
58,943
2Profit/(loss) before tax
-483
1,721
-2,131
6,798
3Profit/(loss) for the period
-1,747
1,632
-3,580
6,780
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,788
1,632
-3,621
6,780
5Basic earnings/(loss) per share (Subunit)
-0.41
0.67
-0.98
2.77
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
1.50
1.50


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 ($$)
0.2300
0.2600
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


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

Announcement Type: Financial Results
Company NameCWORKS SYSTEMS BERHAD (ACE Market) 
Stock Name CWORKS  
Date Announced28 Feb 2014  
CategoryFinancial Results
Reference NoCC-140227-61872

Financial Year End31/12/2013
Quarter4
Quarterly report for the financial period ended31/12/2013
The figureshave not been audited
  • 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
916
1,307
5,405
5,050
2Profit/(loss) before tax
-622
39
-1,289
421
3Profit/(loss) for the period
-622
39
-1,289
232
4Profit/(loss) attributable to ordinary equity holders of the parent
-451
16
-1,509
171
5Basic earnings/(loss) per share (Subunit)
-0.41
0.02
-1.37
0.16
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 ($$)
0.0637
0.0780
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


ETITECH - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced28 Feb 2014  
CategoryChange in Audit Committee
Reference NoCC-140227-200B9

Date of change28/02/2014
NameNordin Bin Mohamad Desa
Age58
NationalityMalaysian
Type of changeCessation of Office
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
Qualifications
Working experience and occupation
Directorship of public companies (if any)
Family relationship with any director and/or major shareholder of the listed issuer-l 
Any conflict of interests that he/she has with the listed issuer
Details of any interest in the securities of the listed issuer or its subsidiaries
Composition of Audit Committee (Name and Directorate of members after change)Chairman
- Datuk Muhamad Yasin Bin Yahya (Independent Non-Executive Director)

Members
- Mr. Yap Chi Keong (Independent Non-Executive Director)
- Mr. Woo Kok Boon (Independent Non-Executive Director)


ETITECH - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced28 Feb 2014  
CategoryChange in Audit Committee
Reference NoCC-140227-30E59

Date of change28/02/2014
NameDatuk Muhamad Yasin Bin Yahya
Age66
NationalityMalaysian
Type of changeRedesignation
Previous PositionMember of Audit Committee
New PositionChairman of Audit Committee
DirectorateIndependent & Non Executive
Qualifications
Working experience and occupation
Directorship of public companies (if any)
Family relationship with any director and/or major shareholder of the listed issuer-l 
Any conflict of interests that he/she has with the listed issuer
Details of any interest in the securities of the listed issuer or its subsidiaries
Composition of Audit Committee (Name and Directorate of members after change)Chairman
- Datuk Muhamad Yasin Bin Yahya (Independent Non-Executive Director)

Members
- Mr. Yap Chi Keong (Independent Non-Executive Director)
- Mr. Woo Kok Boon (Independent Non-Executive Director)


ETITECH - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced28 Feb 2014  
CategoryChange in Boardroom
Reference NoCC-140227-1FBC6

Date of change28/02/2014
NameNordin Bin Mohamad Desa
Age58
NationalityMalaysian
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
Type of changeResignation
ReasonDue personal reasons
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
Qualifications
Working experience and occupation
Directorship of public companies (if any)
Family relationship with any director and/or major shareholder of the listed issuer
Any conflict of interests that he/she has with the listed issuer
Details of any interest in the securities of the listed issuer or its subsidiaries


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

Announcement Type: Financial Results
Company NameSILVER RIDGE HOLDINGS BHD (ACE Market) 
Stock Name SRIDGE  
Date Announced28 Feb 2014  
CategoryFinancial Results
Reference NoCS-140228-56084

Financial Year End31/12/2013
Quarter4
Quarterly report for the financial period ended31/12/2013
The figureshave not been audited
  • 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
14,367
14,007
42,562
41,689
2Profit/(loss) before tax
1,334
-1,332
1,741
-1,833
3Profit/(loss) for the period
486
-2,355
563
-2,987
4Profit/(loss) attributable to ordinary equity holders of the parent
486
-2,355
563
-2,987
5Basic earnings/(loss) per share (Subunit)
0.44
-2.14
0.51
-2.72
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 ($$)
0.1500
0.1500
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


WINTONI - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameWINTONI GROUP BERHAD (ACE Market) 
Stock Name WINTONI  
Date Announced28 Feb 2014  
CategoryGeneral Announcement
Reference NoOS-140227-64396

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionWINTONI GROUP BERHAD (FORMERLY KNOWN AS WINSUN TECHNOLOGIES BERHAD) (“WINTONI” OR “COMPANY”)

(I) PROPOSED ACQUISITION OF PLANET WIRELESS HOLDINGS LIMITED (“PW”)
(II) PROPOSED DIVERSIFICATION
(III) PROPOSED PRIVATE PLACEMENT OF SHARES WITH WARRANTS
(IV) PROPOSED FREE WARRANTS ISSUE

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)

We refer to the announcements made on 29 May 2013, 28 June 2013, 9 July 2013, 18 July 2013, 4 September 2013, 28 November 2013, 20 December 2013, 5 February 2014, 6 February 2014 and 21 February 2014 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that the Free Warrants Issue has been completed today following the listing of and quotation for the 33,000,000 Free Warrants on the ACE Market of Bursa Securities.

This announcement is dated 28 February 2014.



KEYASIC - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameKEY ASIC BERHAD  
Stock Name KEYASIC  
Date Announced28 Feb 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCK-140228-FB7EC

Date of buy back28/02/2014
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)74,500
Minimum price paid for each share purchased ($$)0.110
Maximum price paid for each share purchased ($$)0.120
Total consideration paid ($$)8,743.13
Number of shares purchased retained in treasury (units)74,500
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)2,503,400
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 (%)0.312


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