February 13, 2014

Company announcements: OSKVI, ETITECH, MYEG, MPAY, CIMBA40, CIMBC25

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 Announced13 Feb 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140213-C0964

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
11/02/2014
2,840
0.150 
Acquired
12/02/2014
15,398
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)49,090,761 
Indirect/deemed interest (%)50.16 
Date of notice13/02/2014

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. - 42,418,987
(Deemed interested pursuant to Section 6A of the Companies Act, 1965)

The above announcement is also made to comply with Rule 14.09 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 Announced13 Feb 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140213-C0962

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)
Acquired11/02/2014
41,263
0.580 
Acquired12/02/2014
31,005
0.580 
Acquired13/02/2014
2,896
0.580 

Circumstances by reason of which change has occurredAcquisition 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)111,826,633 
Indirect/deemed interest (%)57.13 
Total no of securities after change111,826,633
Date of notice13/02/2014

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

OSK Equity Holdings Sdn. Bhd. - 111,363,232
OSK Holdings Berhad - 463,401
(Deemed interested pursuant to Section 6A of the Companies Act, 1965)


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 Announced13 Feb 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140213-C0965

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
11/02/2014
41,263
0.580 
Acquired
12/02/2014
31,005
0.580 
Acquired
13/02/2014
2,896
0.580 

Circumstances by reason of which change has occurredAcquisition 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)115,187,975 
Indirect/deemed interest (%)58.85 
Date of notice13/02/2014

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 - 79,968
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. - 111,363,232
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 14.09 of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements.


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 Announced13 Feb 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-140213-C0963

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)
Acquired11/02/2014
41,263
0.580 
Acquired12/02/2014
31,005
0.580 
Acquired13/02/2014
2,896
0.580 

Circumstances by reason of which change has occurredAcquisition of shares arising from the valid acceptances received in respect of Unconditional Mandatory Take-Over Offer
Nature of interestDirect
Direct (units)111,363,232 
Direct (%)56.89 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change111,363,232
Date of notice13/02/2014


ETITECH - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced13 Feb 2014  
CategoryGeneral Announcement
Reference NoCC-140213-BABF1

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionETI TECH CORPORATION BERHAD (“ETITECH” or “the Company”)
Writ of Summon (Writ) and Statement of Claim filed by Malayan Banking Berhad (“MBB” or “the Plaintiff”) VS
ETI Tech (M) Sdn Bhd (“ETI-M”) (1st Defendant)
the Company (2nd Defendant)
Further to the announcement on 27 January 2014, the Board of Directors of ETITECH wishes to inform the following additional information :-
Particulars of Claims
The Plaintiff had made a total claim of RM6,117,530.00 being the amount owing by ETI-M as at 31 January 2014 together with interest accruing thereon at the rate of 3.5% per annum (inclusive additional interest of 1% per annum) above BLR, on daily rests basis from 01 April 2013 until the date of full payment. The costs on a solicitors and client basis amounting to RM4,000.00. (collectively referred to as “total claims”).

Financial & Operational Impact
The Company had provided for the total claims of RM6,121,530.00 in the Company’s and ETI-M’s accounts as such there is no further financial impact on the Group.

The judgement delivered in favour of MBB will not have any financial and/or operational impact on the Group as the Shah Alam High Court had granted an extension of the Restraining Order (“RO”) under Section 176(1) of the Companies Act, 1965 for a further period up to 27 June 2014. The Plaintiff is restrained from taking any proceedings and/or further proceedings in any actions against the Company and ETI-M for recovery of debts. Nevertheless, the Company is currently working on a restructuring plan to strengthen its financial position.

This announcement is dated 13 February 2014.


ETITECH - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced13 Feb 2014  
CategoryGeneral Announcement
Reference NoCC-140213-67546

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionETI TECH CORPORATION BERHAD (“ETITECH” or “the Company”)
Writ of Summons and Statement of Claims filed by Hong Leong Bank Berhad (“HLB” or “the Plaintiff”) VS
ETI Tech (M) Sdn Bhd (“ETI-M”) (1st Defendant)
the Company (2nd Defendant)
Further to the announcement on 27 January 2014, the Board of Directors of ETITECH wishes to inform the following additional information:-
Particular of Claims

The Plaintiff had made the following claims:-

1) RM3,182,184.00 being the overdraft facility amount owing by ETI-M as at 31 January 2014 together with interest accruing thereon at the rate of 3.5% per annum above BLR, on daily rests from 17 April 2013 until the date of full payment;
2) RM7,951,158.00 being the trade facilities amount owing by ETI-M as at 31 January 2014 together with interest accruing thereon at the rate of 3.5% per annum above BLR, on daily rests from 17 April 2013 until the date of full payment;
3) Costs on a solicitors and client basis amounting to RM12,000.00

(Collectively referred to as “total claims”)

Financial & Operational Impact
The Company had provided for the total claims of RM11,145,342.00 in the Company’s and ETI-M’s accounts as such there is no further financial impact on the Group.

The judgement delivered in favour of HLB will not have any financial and/or operational impact on the Group as the Shah Alam High Court had granted an extension of the Restraining Order (“RO”) under Section 176(1) of the Companies Act, 1965 for a further period up to 27 June 2014. The Plaintiff is restrained from taking any proceedings and/or further proceedings in any actions against the Company and ETI-M for recovery of debts. Nevertheless, the Company is currently working on a restructuring plan to strengthen its financial position.

This announcement is dated 13 February 2014.


MYEG - OTHERS MY E.G. Services Berhad (“MYEG” or “the Company”) - Acceptance of Award to undertake Customs Online Tax Reporting (Electronic Monitoring System – EMS)

Announcement Type: General Announcement
Company NameMY E.G. SERVICES BERHAD  
Stock Name MYEG  
Date Announced13 Feb 2014  
CategoryGeneral Announcement
Reference NoCC-140213-68675

TypeAnnouncement
SubjectOTHERS
DescriptionMY E.G. Services Berhad (“MYEG” or “the Company”)
- Acceptance of Award to undertake Customs Online Tax Reporting (Electronic Monitoring System – EMS)
The Board of Directors is pleased to announce that MYEG has accepted a Letter of Award by the Royal Malaysian Customs Department (“Customs”) to undertake the Customs Online Tax Reporting (Electronic Monitoring System – EMS) (“Project”). The value of the Project is estimated to be RM180 million. The tenure of the Project is 6 years and will commence from 1 April 2014.
This Project will entail linking up point-of-sales terminals and cash registers of businesses that are subject to Customs’ tax collection. This will enable the Customs to effectively monitor tax collection revenue for the Government.

The Board of Directors is of the opinion that the project will contribute positively to the earnings of MYEG for the financial years ending 30 June 2015 onwards. The Project will not have any effects on the share capital and shareholding structure of MYEG.

The source of funding for the Project is expected to be obtained from internally generated funds and bank borrowings.

None of the Directors and/or Major Shareholders of MYEG and/or persons connected to them have any interest, direct or indirect in the Project.

The Board of Directors is of the view that the Project is in the best interest of the Company.

This announcement is dated 13 February 2014.


MPAY - Changes in Sub. S-hldr's Int. (29B) - Chan Wah Kiang

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMANAGEPAY SYSTEMS BERHAD (ACE Market) 
Stock Name MPAY  
Date Announced13 Feb 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140213-0C699

Particulars of substantial Securities Holder

NameChan Wah Kiang
AddressNo. 6, Jalan PPU 3, Taman Perindustrian Puchong Utama, 47100 Puchong, Selangor Darul Ehsan, Malaysia
NRIC/Passport No/Company No.591024-01-5811
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderChan Wah Kiang of No. 6, Jalan PPU 3, Taman Perindustrian Puchong Utama, 47100 Puchong, Selangor Darul Ehsan, Malaysia

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/02/2014
1,000,000
 

Circumstances by reason of which change has occurredAcquisition of shares
Nature of interestDirect
Direct (units)37,409,276 
Direct (%)10.22 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change37,409,276
Date of notice13/02/2014


CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced13 Feb 2014  
CategoryGeneral Announcement
Reference NoOB-140213-62184

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 13-Feb-2014
NAV per unit (RM): 1.6454
Units in circulation (units): 1,350,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,241.51

Attachments

A40.pdf
10 KB



CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 25  
Stock Name CIMBC25  
Date Announced13 Feb 2014  
CategoryGeneral Announcement
Reference NoOB-140213-62121

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 25
Date: 13-Feb-2014
NAV per unit (RM): 0.9520
Units in circulation (units): 9,750,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 15,609.62

Attachments

C25.pdf
25 KB



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