YTLE - Quarterly rpt on consolidated results for the financial period ended 31/12/2013
| Company Name | YTL E-SOLUTIONS BERHAD (ACE Market) |
| Stock Name | YTLE |
| Date Announced | 20 Feb 2014 |
| Category | Financial Results |
| Reference No | Ye-140220-801FF |
| Financial Year End | 30/06/2014 |
| Quarter | 2 |
| 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 | 21,784 | 21,969 | 43,449 | 43,552 |
| 2 | Profit/(loss) before tax | 18,942 | 20,555 | 38,190 | 41,172 |
| 3 | Profit/(loss) for the period | 14,185 | 15,339 | 28,675 | 30,803 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 8,900 | 9,564 | 18,052 | 19,292 |
| 5 | Basic earnings/(loss) per share (Subunit) | 0.66 | 0.71 | 1.34 | 1.43 |
| 6 | Proposed/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 | ||
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 |
IRIS - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | IRIS CORPORATION BERHAD (ACE Market) |
| Stock Name | IRIS |
| Date Announced | 20 Feb 2014 |
| Category | General Announcement |
| Reference No | IC-140220-62481 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | EXECUTION OF AGREEMENTS BETWEEN IRIS LAND SDN.BHD. (“ILSB”), A SUBSIDIARY OF IRIS CORPORATION BERHAD (“ICB”) AND UK INVESTMENT HOLDINGS LIMITED (“UKIHL”) FOR THE SUBSCRIPTION OF 2,000,007 ORDINARY SHARES FOR A PURCHASE CONSIDERATION OF USD2,000,007 IN PALAU PELELIU RESORTS LIMITED (“PPRL”) AND FOR THE DEVELOPMENT OF A RESORT ON ORANGE BEACH AND BOSOAL LAND, REPUBLIC OF PALAU ALL DATED 15TH FEBRUARY 2014 |
EXECUTION OF AGREEMENTS BETWEEN IRIS LAND SDN.BHD. (“ILSB”), A SUBSIDIARY OF IRIS CORPORATION BERHAD (“ICB”) AND UK INVESTMENT HOLDINGS LIMITED (“UKIHL”) FOR THE SUBSCRIPTION OF 2,000,007 ORDINARY SHARES FOR A PURCHASE CONSIDERATION OF USD2,000,007 IN PALAU PELELIU RESORTS LIMITED (“PPRL”) AND FOR THE DEVELOPMENT OF A RESORT ON ORANGE BEACH AND BOSOAL LAND, REPUBLIC OF PALAU ALL DATED 15TH FEBRUARY 2014 This Announcement is pursuant to 10.05 (2) of the ACE Listing Requirements 1. INTRODUCTION
The Board of Directors of IRIS Corporation Berhad (“ICB”) is pleased to announce that its subsidiary, IRIS Land Sdn. Bhd. (“ILSB) had entered into a Share Sales Agreement (“SSA”), Shareholders’ Agreement (“SA”), Development Rights Agreement (“DRA”) and an Assignment of Lease Agreement (“Deed”) (hereinafter collectively referred to as the “Agreements”) with UK Investment Holdings Limited (“UKIHL”) for the acquisition of 2,000,007 ordinary shares representing 30% of the issued and allotted shares in Palau Peleliu Resorts Limited (“PPRL”) a wholly owned private limited company of UKIHL incorporated in the Cayman Island at the price of USD1 per share for a total purchase consideration of United States Dollars Two Million and Seven (USD 2,000,007) equivalent to Ringgit Malaysia Six Million Five Hundred Ninety Seven Thousand Two Hundred Twenty Three (RM6,597,223) only at the rate of [USD1: RM3.2986 ].
ILSB shall pursuant to the subscription of shares under the SSA and via the DRA, have all the development rights to develop land known as Orange Beach containing 75 hectares and Bosoal Land containing 21 hectares both situated in the Palau District (collectively known as “Development Land- Lease A”) to develop a resort and villas in accordance to the Development Plan duly submitted and subject to the terms and conditions of the DRA (“Palau Project”).
2. INFORMATION ON PALAU PELELIU RESORTS LIMITED (PPRL)
PALAU PELELIU RESORTS LIMITED (Company No: 275642) (PPRL) is a private limited company incorporated under the laws Cayman Islands and has its registered address at 1st Floor Windward 1, Regatta Office Park, P O Box 10338, Grand Cayman KY-1-1003, Cayman Islands.
UKIHL is the legal and beneficial owner of 100% of PPRL totalling to 6,666,690 shares with a present share capital of USD6,666.690 (United States Dollars Six Million Six Hundred Sixty Six Thousand Six Hundred Ninety) only. The business of PPRL is development, management and construction of resorts, villas, residential and commercial buildings on the Republic of Palau.
Pursuant to the DRA, PPRL has transferred the lease on the Development Land (Lease A) and another lease on property known as Scarlet Beach (property known as Cadastral lot No: 055 R01 containing 372,656 square meter, Palau Island- Lease B) to ILSB as the Developer to carry out the development in accordance to the terms and conditions of the DRA and to successfully implement the Palau Project in phases.
3. THE AGREEMENTS
The Agreements executed by and amongst ILSB, UKIHL and PPRL on 15th February 2014 for the implementation of the Palau Project are as follows:-
The salient terms of each agreement are as follows:
Share Sales Agreement (SSA)
Assignment of Lease A and Lease B (Deed)
4. RATIONALE OF THE AGREEMENT
The subscription of shares in PPRL and the development project in the Republic of Palau is an investment to enable the Company to expand its business in realty development utilizing its IRIS-Koto Industrialised Building System (IBS) to an international level.
5. RISK FACTORS
Like all business entities, risk factors involved include but are not limited to execution risks, such as business expansion, prudent financial management, changes in price materials, and changes in political environment, economics and regulatory conditions. In addition there is also no assurance that the anticipated benefits from the subscription or the development project will be realized and that ICB will be able to generate sufficient revenue from the agreement to off-set the associated cost.
Nevertheless the Board of Directors has and will continue to exercise due care in considering the risks and benefits associated with the Agreements and will take appropriate measures in planning the successful implementation of the development of the resort in the Republic of Palau with its current business operations. Further, ICB Group is committed towards the close monitoring of the development of the Palau Project.
6. FINANCIAL EFFECTS ON THE AGREEMENT
The Palau Project is not expected to have any effect on the issued and paid-up capital, substantial shareholders’ shareholding, net assets per share and gearing of the ICB Group for the financial year ending on 31st March 2014. Barring unforeseen circumstances, the Board is of the opinion that the Project will contribute positively to the earnings of the ICB Group in the future.
7. APPROVALS REQUIRED
This Palau Project does not require the approval of ICB shareholders or any relevant government authority.
8. DIRECTORS AND MAJOR SHARE HOLDERS INTERESTS
None of the directors, major shareholders, persons connected with the directors or major shareholders of ICB or any of its subsidiaries have any interest, direct or indirect, in the Project.
9. STATEMENT OF THE BOARD OF DIRECTORS
The Board of Directors of ICB, after taking into consideration all aspects of the Agreements executed for the purpose of implementing the Palau Project (including but not limited to the rationale, prospects and financial effects of the Agreements) is of the opinion that the Agreements are equitable, reasonable and is in the best interest of the ICB group.
10. DOCUMENT FOR INSPECTION
The Agreements shall be available for inspection at the registered office of ICB during office hours at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur for q period of three (3) months from the date of this announcement.
This announcement is dated 20th February 2014.
| |
GPRO - Change in Boardroom
| Company Name | GPRO TECHNOLOGIES BERHAD (ACE Market) |
| Stock Name | GPRO |
| Date Announced | 20 Feb 2014 |
| Category | Change in Boardroom |
| Reference No | CS-140220-63753 |
| Date of change | 20/02/2014 |
| Name | KHOO, YICK KEUNG |
| Age | 43 |
| Nationality | Hong Kong (SAR) |
| Type of change | Redesignation |
| Previous Position | Non-Executive Director |
| New Position | Executive Director |
| Directorate | Executive |
| Qualifications | Tang King Po College (Form 7) |
| Working experience and occupation | (1) Jewelry Exports (2010-2013) (2) Jewelry Design - self-made merchant (1997-2013) |
| Directorship of public companies (if any) | Nil. |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil. |
| Any conflict of interests that he/she has with the listed issuer | Nil. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil. |
| Remarks : |
| This announcement is dated 20 February 2014. |
GPRO - Change in Boardroom
| Company Name | GPRO TECHNOLOGIES BERHAD (ACE Market) |
| Stock Name | GPRO |
| Date Announced | 20 Feb 2014 |
| Category | Change in Boardroom |
| Reference No | CS-140220-62755 |
| Date of change | 20/02/2014 |
| Name | LO YIN LING |
| Age | 40 |
| Nationality | Hong Kong (SAR) |
| Type of change | Appointment |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | (1) 2002 - The Hong Kong Management Association, Professional Diploma in Human Resource Management. (2) 2007 - Thames Valley University (UK), Bachelor of Business Administration. |
| Working experience and occupation | (1) Nov 1992-July 1994 - Hong Kong Telecom, Customer Service Representative. (2) Sept 1994-July 1997 - Marks & Spencer, Human Resources Assistant. (3) Aug 1997-Jan 2011 - The Dairy Farm Company Limited, Senior Recruitment Officer. (4) 2013-present - Innomat, Marketing and Operation Manager. |
| Directorship of public companies (if any) | Nil. |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil. |
| Any conflict of interests that he/she has with the listed issuer | Nil. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil. |
| Remarks : |
| This announcement is dated 20 February 2014. |
JOBST - Interim Dividend
| Company Name | JOBSTREET CORPORATION BERHAD |
| Stock Name | JOBST |
| Date Announced | 20 Feb 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-140220-61088 |
DGSB - Quarterly rpt on consolidated results for the financial period ended 31/12/2013
| Company Name | DIVERSIFIED GATEWAY SOLUTIONS BERHAD (ACE Market) |
| Stock Name | DGSB |
| Date Announced | 20 Feb 2014 |
| Category | Financial Results |
| Reference No | DG-140219-58266 |
| Financial Year End | 31/03/2014 |
| Quarter | 3 |
| 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 | $$'000 | ||
| 1 | Revenue | 17,862 | 19,462 | 52,760 | 54,788 |
| 2 | Profit/(loss) before tax | -412 | 3,850 | 2,504 | 4,112 |
| 3 | Profit/(loss) for the period | -601 | 2,522 | 1,311 | 2,307 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -602 | 2,527 | 1,310 | 2,314 |
| 5 | Basic earnings/(loss) per share (Subunit) | -0.04 | 0.19 | 0.10 | 0.17 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.0279 | 0.0271 | ||
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 |
SANICHI - OTHERS Sanichi Technology Berhad ("STB" or "the Company") Incorporation of a subsidiary
| Company Name | SANICHI TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | SANICHI |
| Date Announced | 20 Feb 2014 |
| Category | General Announcement |
| Reference No | CC-140220-34200 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Sanichi Technology Berhad ("STB" or "the Company") Incorporation of a subsidiary |
Reference is made to the announcement of the Company dated 31 October 2013 on the above. The Company wishes to announce that the one (1) ordinary share representing 50% of the total issued and paid-up capital of Sanichi Property Sdn Bhd (1068338-P)("SPSB") which was held by Dato’ Dr Pang Chow Huat on behalf of STB had on 20 February 2014 been transferred to STB thereby resulting in SPSB becoming a wholly-owned subsidiary of STB. This announcement is dated 20 February 2014. | |
SCH - Changes in Director's Interest (S135) - Sim Yee Fuan
| Company Name | SCH GROUP BERHAD (ACE Market) |
| Stock Name | SCH |
| Date Announced | 20 Feb 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-140220-11C9D |
Information Compiled By KLSE
Particulars of Director
| Name | Sim Yee Fuan |
| Address | 3, Lorong Gemilang Jaya 2 Taman Gemilang Jaya 14000 Bukit Mertajam Pulau Pinan |
| Descriptions(Class & nominal value) | Ordinary shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 60,000 | 0.268 |
| Circumstances by reason of which change has occurred | Disposal of shares via open market transaction |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 108,000 |
| Direct (%) | 0.026 |
| Indirect/deemed interest (units) | 0 |
| Indirect/deemed interest (%) | 0 |
| Date of notice | 20/02/2014 |
| Remarks : |
| The total percentage of shares disposed by Mr Sim Yee Fuan was around 0.015% of the total issued and paid up capital of the Company. |
KANGER - Quarterly rpt on consolidated results for the financial period ended 31/12/2013
| Company Name | KANGER INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | KANGER |
| Date Announced | 20 Feb 2014 |
| Category | Financial Results |
| Reference No | CC-140218-F0920 |
| Admission Sponsor | Kenanga Investment Bank Bhd |
| Sponsor | Same as above |
| 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 | 16,742 | 0 | 50,181 | 0 |
| 2 | Profit/(loss) before tax | 1,068 | 0 | 6,397 | 0 |
| 3 | Profit/(loss) for the period | 337 | 0 | 4,965 | 0 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 337 | 0 | 4,965 | 0 |
| 5 | Basic earnings/(loss) per share (Subunit) | 0.09 | 0.00 | 1.41 | 0.00 |
| 6 | Proposed/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 ($$) | 0.1351 | 0.0000 | ||
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 |
CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE ASEAN 40 MALAYSIA |
| Stock Name | CIMBA40 |
| Date Announced | 20 Feb 2014 |
| Category | General Announcement |
| Reference No | OB-140220-66967 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE ASEAN 40 Malaysia Date: 20-Feb-2014 NAV per unit (RM): 1.6831 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: 10,429.18 |
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