UCHITEC - Quarterly rpt on consolidated results for the financial period ended 31/12/2013
| Company Name | UCHI TECHNOLOGIES BERHAD |
| Stock Name | UCHITEC |
| Date Announced | 26 Feb 2014 |
| Category | Financial Results |
| Reference No | CP-140226-2AF6C |
| Financial Year End | 31/12/2013 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 31/12/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 21,350 | 26,370 | 93,961 | 92,295 |
| 2 | Profit/(loss) before tax | 8,982 | 14,732 | 41,764 | 46,259 |
| 3 | Profit/(loss) for the period | 15,350 | 14,088 | 39,074 | 44,831 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 15,350 | 14,088 | 39,074 | 44,831 |
| 5 | Basic earnings/(loss) per share (Subunit) | 4.15 | 3.81 | 10.57 | 12.13 |
| 6 | Proposed/Declared dividend per share (Subunit) | 6.00 | 7.00 | 10.00 | 12.00 |
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 ($$) | 0.5200 | 0.5100 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
UCHITEC - OTHERS Proposed Declaration of Final Tax Exempt Divdend for the year ended 31 December 2013
| Company Name | UCHI TECHNOLOGIES BERHAD |
| Stock Name | UCHITEC |
| Date Announced | 26 Feb 2014 |
| Category | General Announcement |
| Reference No | CP-140226-E221E |
| Type | Announcement |
| Subject | OTHERS |
| Description | Proposed Declaration of Final Tax Exempt Divdend for the year ended 31 December 2013 |
The Board of Directors of Uchi Technologies Berhad has on 26 February 2014 declared a Final Tax Exempt Dividend of 6 sen per share of RM0.20 each for the year ended 31 December 2013. | |
OCTAGON - OTHERS AUDITED FINANCIAL STATEMENTS AND THE AUDITORS’ REPORT FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2013
| Company Name | OCTAGON CONSOLIDATED BERHAD |
| Stock Name | OCTAGON |
| Date Announced | 26 Feb 2014 |
| Category | General Announcement |
| Reference No | OC-140226-A2545 |
| Type | Announcement |
| Subject | OTHERS |
| Description | AUDITED FINANCIAL STATEMENTS AND THE AUDITORS’ REPORT FOR THE FINANCIAL YEAR ENDED 31 OCTOBER 2013 |
The Board of
Directors (“Board”) of Octagon Consolidated Berhad (“Octagon” or the “Company”)
wishes to announce that Octagon’s External Auditors has expressed a disclaimer
opinion in the Company’s latest audited accounts for the financial year ended
31 October 2013. Save as disclosed as
Basis for Disclaimer of Opinion paragraph, the accounting and other records and the registers
required by the Companies Act, 1965 in Malaysia to be kept by the Company and
its subsidiaries have been properly kept in accordance
with the provisions of the Companies Act, 1965 in Malaysia, as well as the supplementary information is
prepared, in all material respects, in accordance with the Malaysian Institute of Accountants ("MIA") Guidance and directive of Bursa Malaysia Securities Berhad.
The full text announcement is enclosed herewith. This announcement is dated 26 February 2014. | |
CCMDBIO - Change in Audit Committee
| Company Name | CCM DUOPHARMA BIOTECH BERHAD |
| Stock Name | CCMDBIO |
| Date Announced | 26 Feb 2014 |
| Category | Change in Audit Committee |
| Reference No | CD-140225-57631 |
| Date of change | 26/02/2014 |
| Name | Dato' Mohamad Kamarudin bin Hassan |
| Age | 58 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | 1. MBA (Majoring in Finance), Oklahoma City University; 2. Bachelor of Economics (Majoring in Business Administration), University of Malaya; 3. Diploma in Public Management, Institut Tadbiran Awam Malaysia (INTAN). |
| Working experience and occupation | Dato' Mohamad Kamarudin bin Hassan began his career with the Administrative and Diplomatic Service in 1979 with first posting to the Macro-economic Division of the Economic Planning Unit in the Prime Minister's Department. In 1987, he was transferred to the Ministry of International Trade and Industry (MITI) where he had served in various divisions of the Ministry. From 1992 to 1994, he was posted to the Malaysian Embassy in Washington DC as an Economic Counsellor. From January 2006 until his retirement on 31 August 2013, he was seconded to MATRADE as the Deputy CEO. |
| Directorship of public companies (if any) | None |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | None |
| Details of any interest in the securities of the listed issuer or its subsidiaries | None |
| Composition of Audit Committee (Name and Directorate of members after change) | 1. Haji Ghazali bin Awang:Independent Non-Executive Director 2. Tan Sri Dato' Dr. Jegathesan a/l NM Vasagam @ Manikavasagam: Independent Non-Executive Director 3. Datuk Alias bin Ali: Non-Independent Non-Executive Director 4. Dato' Mohamad Kamarudin bin Hassan: Independent Non-Executive Director |
CCMDBIO - Quarterly rpt on consolidated results for the financial period ended 31/12/2013
| Company Name | CCM DUOPHARMA BIOTECH BERHAD |
| Stock Name | CCMDBIO |
| Date Announced | 26 Feb 2014 |
| Category | Financial Results |
| Reference No | CD-140225-55592 |
| Financial Year End | 31/12/2013 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 31/12/2013 |
| The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION31/12/2013 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
| 1 | Revenue | 45,734 | 35,378 | 162,405 | 135,310 |
| 2 | Profit/(loss) before tax | 9,160 | 9,000 | 40,175 | 35,298 |
| 3 | Profit/(loss) for the period | 9,313 | 5,998 | 32,275 | 26,014 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 9,313 | 5,998 | 32,275 | 26,014 |
| 5 | Basic earnings/(loss) per share (Subunit) | 6.71 | 4.32 | 23.25 | 18.74 |
| 6 | Proposed/Declared dividend per share (Subunit) | 13.50 | 10.50 | 17.50 | 14.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 1.3100 | 1.2200 | ||
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:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
CCMDBIO - Final Dividend
| Company Name | CCM DUOPHARMA BIOTECH BERHAD |
| Stock Name | CCMDBIO |
| Date Announced | 26 Feb 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CD-140225-56954 |
| Remarks : |
| The Final Dividend is subject to shareholders' approval at the forthcoming Annual General Meeting. |
KOSSAN - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS
| Company Name | KOSSAN RUBBER INDUSTRIES BERHAD |
| Stock Name | KOSSAN |
| Date Announced | 26 Feb 2014 |
| Category | General Announcement |
| Reference No | KR-140226-65013 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS |
| Description | Kossan Rubber Industries Bhd ("Kossan" or the "Company") Proposed Renewal of Mandate for Recurrent Related Party Transactions |
The Board of Directors of Kossan wishes to announce that the Company intends to seek shareholders' approval for the Proposed Renewal of Mandate for Recurrent Related Party Transactions at the forthcoming 34th Annual General Meeting ("AGM") of the Company. A Circular containing details of the Proposal will be dispatched to the shareholders of the Company in due course together with the Notice of AGM. This announcement is dated 26 February 2014. | |
KOSSAN - OTHERS Kossan Rubber Industries Bhd ("Kossan" or the "Company") Proposed Renewal of Share Buy-Back Authority
| Company Name | KOSSAN RUBBER INDUSTRIES BERHAD |
| Stock Name | KOSSAN |
| Date Announced | 26 Feb 2014 |
| Category | General Announcement |
| Reference No | KR-140226-64554 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Kossan Rubber Industries Bhd ("Kossan" or the "Company") Proposed Renewal of Share Buy-Back Authority |
The Board of Directors of Kossan wishes to announce that the Company intends to seek shareholders' approval for the Proposed Renewal of Share Buy-Back Authority ("the Proposal") at the forthcoming 34th Annual General Meeting ("AGM") of the Company. A Circular containing details of the Proposal will be dispatched to the shareholder of the Company in due course together with the Notice of AGM. This announcement is dated 26 February 2014. | |
SCOMI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | SCOMI GROUP BERHAD |
| Stock Name | SCOMI |
| Date Announced | 26 Feb 2014 |
| Category | General Announcement |
| Reference No | SG-140226-851A1 |
| Type | Announcement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Description | SCOMI GROUP BHD (“SGB” or “the Company”) - Dealings in securities outside closed period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. Pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the following Principal Officer of the Company, had transacted in the securities of the Company outside closed period as set out in Table hereunder. This announcement is dated 26 February 2014. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name of Principal Officer Loong Chun Nee Type of Securities Ordinary share of RM0.10 each Nature of Interest Date Transacted Opening Balance No. of Shares Disposed/ % of Shares Transact-ed Price per Shares (RM) Closing Balance % of Shares Held After the Transaction Direct 21 February 2014 1,401,500 50,000 0.003% RM0.465 1,351,500 0.087% Direct 25 February 2014 1,351,500 50,000 0.003% RM0.450 1,301,500 0.084% Direct 25 February 2014 1,301,500 50,000 0.003% RM0.460 1,251,500 0.081% Direct 26 February 2014 1,251,500 50,000 0.003% RM0.440 1,201,500 0.077% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
KNM - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | KNM GROUP BERHAD |
| Stock Name | KNM |
| Date Announced | 26 Feb 2014 |
| Category | General Announcement |
| Reference No | KG-140225-56479 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | Joint Venture & Shareholders Agreement between KNM International Sdn Bhd and China Nuclear Industry 23 Construction Co Ltd |
1. INTRODUCTION KNM Group Berhad (“KNM”) is pleased to announce that on 24 February 2014, KNM’s wholly-owned subsidiary, KNM International Sdn Bhd (“KNMI”) had entered into a Joint Venture & Shareholders Agreement (“JVSHA”) with China Nuclear Industry 23 Construction Co Ltd (“CNI23”) to collaborate in pursuing and securing construction works for mechanical, electrical and erection related to oil and gas, power, petrochemical and renewable energy projects in Malaysia and South East Asia (hereinafter collectively referred to as “Business”). 2. INFORMATION ON KNMI, CNI23 AND JVCO KNMI was incorporated on 10 May 2002 and is an investment holding company and is primarily involved inter alia, in provision of management, technical advisory, license and trademark services to KNM Group’s international companies and investments. CNI23 is a company incorporated on 1 November 1958 and based in the People Republic of China (“PRC”). CNI23 is primarily involved in the engineering, procurement and construction of nuclear power plants, petrochemical plants, aerospace centre infrastructure construction, residential and commercial construction projects and provision of engineering services in PRC. More information can be obtained from their website at http://www.cni23.com/. KNM-CIW Sdn Bhd to be renamed to CNI Engineering & Construction Malaysia Sdn Bhd, assuming that Companies Commission of Malaysia’s approval is obtained (“JVCO”) was incorporated on 31 January 2007. KNM-CIW Sdn Bhd is currently dormant with an authorised capital of RM1,000,000.00 divided into 1,000,000 ordinary shares of RM1.00 each, whereas its paid up capital is RM500,000.00. Currently, KNM is the ultimate holding company of KNM-CIW Sdn Bhd. 3. SALIENT TERMS OF JVSHA (i) KNMI and CNI23 (collectively “the Parties”) intends to invest in the JVCO on 70% (KNMI) : 30% (CNI23) basis and upon completion of the JVSHA, the paid up capital of JVCO shall be RM1,000,000.00 (“the Investment”). (ii) The major condition precedent of the JVSHA is the issuance or waiver of approvals by the relevant PRC governmental authorities and such approval being in full force and effect. (iii) The JVSHA may be terminated upon occurrence of the following events:- (a) if the condition precedents are not satisfied by 90 days from the execution date of this Agreement, this Agreement shall cease; (b) if the JVCO fails to secure the execution of any contract, with an aggregate contract value equal to or exceeding RM150 million or its equivalent, within twelve (12) months from the date of execution of this JVSHA or such extended period as shall be mutually agreed in writing by the Parties; or (c) the Parties fail to resolve a deadlock Item and neither KNM nor CNI23 elects to purchase the other Party’s shares. 4. DETAILS OF THE INVESTMENT KNMI shall acquire 500,000 existing shares in JVCO at par value of RM1.00 each from its current shareholder, KNM Renewable Energy Sdn Bhd, which is wholly owned by KNM; and to subscribe 200,000 new shares in the JVCO at par value of RM1.00 each. The total consideration of RM700,000 shall be fully settled in cash through internally generated funds and/or shareholders’ advances. There are no further liabilities to be assumed by KNMI or KNM. 5. RATIONALE FOR THE JVSHA The proposed JVCO’s Business will complement KNM’s existing engineering, procurement, construction and commissioning businesses and KNM forms strategy alliance with a very established business partner to explore relevant business opportunities in South East Asia region. 6. FINANCIAL EFFECTS OF THE INVESTMENT 6.1 Share Capital The JVSHA does not affect the share capital of KNM. 6.2 Earnings The JVSHA is not expected to have any material effect on the consolidated earnings of KNMI and KNM Group for the financial year ending 31 December 2014. However, the JVCO is expected to contribute positively to KNMI/KNM Group’s earnings if the JVCO successfully secure profitable contracts. 6.3 Substantial Shareholders’ Shareholdings The JVSHA does not affect the shareholdings of the substantial shareholders in KNM. 6.4 Net Assets and Gearing The JVSHA is not expected to have any material effect on the consolidated net assets and gearing of KNMI and KNM Group for the year ending 31 December 2014. 7. RISK FACTORS The JVSHA does not alter the risk profile of KNM as KNM Group is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in the industry. Although KNM Group with its vast experience may undertake efforts to mitigate the various risks, there is no assurance that any change in the above factors will not have a material adverse effect on the business and operations of KNMI/KNM Group. 8. DIRECTORS’ STATEMENT Having considered all aspects of the JVSHA, the Board of Directors is of the opinion that the Investments are in the best interest of the Company. 9. CONDITION OF JVSHA Save as disclosed in Paragraph 3(ii) above, the JVSHA is not subject to other governmental authority approval in Malaysia (save and except for the approval from Companies Commission of Malaysia in respect of the proposed change of name for JVCO) and/or the shareholders of KNM. 10. DOCUMENTS FOR INSPECTION Details of JVSHA are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays. 11. HIGHEST PERCENTAGE RATIO The highest percentage ratio pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad applicable to the Investment is 0.01%. This announcement is dated 26 February 2014. | |
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