March 14, 2014

Company announcements: IRIS, N2N, UTOPIA, AMPROP, MENANG, BKAWAN, SIME, TAS, GAMUDA, ENCORP

IRIS - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced14 Mar 2014  
CategoryGeneral Announcement
Reference NoMB-140314-38386

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionIRIS CORPORATION BERHAD (“IRIS” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF IRIS (“PROPOSED PRIVATE PLACEMENT”)

Reference is made to the Company’s announcements dated 6 March 2014, 7 March 2014 and 10 March 2014 in relation to the Proposed Private Placement (“Earlier Announcements”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcements.

On behalf of the Board of Directors of IRIS, AmInvestment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad had vide its letter dated 13 March 2014, granted its approval for the listing of and quotation for up to 222,808,896 new IRIS Shares pursuant to the Proposed Private Placement.

This announcement is dated 14 March 2014.



N2N - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced14 Mar 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoCM-140313-F4ADD

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Warrant to Ordinary shares
No. of shares issued under this corporate proposal3,837,633
Issue price per share ($$)MYR 0.320
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units311,961,033
CurrencyMYR 31,196,103.300
Listing Date17/03/2014


UTOPIA - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company Name1 UTOPIA BERHAD (ACE Market) 
Stock Name UTOPIA  
Date Announced14 Mar 2014  
CategoryGeneral Announcement
Reference NoOS-140314-40359

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description1 UTOPIA BERHAD (“1 UTOPIA” OR THE “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 121,427,200 NEW ORDINARY SHARES OF RM0.10 EACH IN 1 UTOPIA, REPRESENTING NOT MORE THAN TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF 1 UTOPIA (EXCLUDING TREASURY SHARES, IF ANY) (“PROPOSED PRIVATE PLACEMENT”)

Reference is made to the Company’s announcement on 6 January 2014, 7 January 2014, 8 January 2014 and 16 January 2014 in relation to the Proposed Private Placement (“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 Board has on 14 March 2014 fixed the issue price for the placement of new 1 Utopia Shares to be issued under the Proposed Private Placement (“Placement Shares”) at RM0.10 per Placement Share.


This issue price of RM0.10 per Placement Share represents the par value of 1 Utopia Shares and at a premium of approximately RM0.0227 or 29.37% to the five (5)-day volume weighted average market price of the 1 Utopia Shares up to and including 13 March 2014 of RM0.0773.

The payment from the placee(s) is expected to be received within five (5) market days from the date of this announcement.

This announcement is dated 14 March 2014.



AMPROP - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameAMCORP PROPERTIES BERHAD  
Stock Name AMPROP  
Date Announced14 Mar 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoAP-140314-33833

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalAmcorp Properties Berhad Employees' Share Scheme ("ESS") : Allotment of shares to Trustee under the Employees' Share Option Scheme of the ESS
No. of shares issued under this corporate proposal600,000
Issue price per share ($$)MYR 0.500
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units582,204,437
CurrencyMYR 291,102,218.500
Listing Date17/03/2014

2. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalEmployees' Share Scheme
No. of shares issued under this corporate proposal55,000
Issue price per share ($$)MYR 0.690
Par Value ($$)MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following
Units582,259,437
CurrencyMYR 291,129,718.500
Listing Date17/03/2014


MENANG - Changes in Sub. S-hldr's Int. (29B) - Toh May Fook

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMENANG CORPORATION (M) BERHAD  
Stock Name MENANG  
Date Announced14 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMC-140314-34512

Particulars of substantial Securities Holder

NameToh May Fook
AddressWisma OZ, No. 11-3
Jalan Kuchai Maju 5
Kuchai Entrepreneurs Park
Jalan Kuchai Lama
58200 Kuala Lumpur
NRIC/Passport No/Company No.580223-10-5779
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.50 each
Name & address of registered holderToh May Fook
Wisma OZ, No. 11-3
Jalan Kuchai Maju 5
Kuchai Entrepreneurs Park
Jalan Kuchai Lama
58200 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/03/2014
500,000
 

Circumstances by reason of which change has occurredAcquisition in the open market
Nature of interestDirect Interest
Direct (units)25,500,000 
Direct (%)9.55 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change25,500,000
Date of notice14/03/2014


BKAWAN - Change Of Company Secretary

Announcement Type: Change Of Company Secretary
Company NameBATU KAWAN BERHAD  
Stock Name BKAWAN  
Date Announced14 Mar 2014  
CategoryChange Of Company Secretary
Reference NoBK-140313-65840

Date of change14/03/2014
Type of changeResignation
DesignationSecretary
License no.7023909
NameMd Shaizatul Azam
Working experience and occupation during past 5 years


SIME - OTHERS Acquisition of 70% equity interest in TFP Engineering Pty Ltd by Haynes Mechanical Pty Ltd (Announcement pursuant to Chapter 9.19 (23) of the Bursa Malaysia Securities Berhad's Main Market Listing Requirements)

Announcement Type: General Announcement
Company NameSIME DARBY BERHAD  
Stock Name SIME  
Date Announced14 Mar 2014  
CategoryGeneral Announcement
Reference NoSD-140311-58199

TypeAnnouncement
SubjectOTHERS
DescriptionAcquisition of 70% equity interest in TFP Engineering Pty Ltd by Haynes Mechanical Pty Ltd
(Announcement pursuant to Chapter 9.19 (23) of the Bursa Malaysia Securities Berhad's Main Market Listing Requirements)

Sime Darby Berhad wishes to announce that its indirect wholly-owned subsidiary, Haynes Mechanical Pty Ltd, has on 13 March 2014 completed the acquisition of 70% equity interest in TFP Engineering Pty Ltd for a cash consideration of AUD3.2 million (approximately RM9.5 million) from Gaylene Elaine Poke and Tony Francis Poke (collectively, the “Vendors”) pursuant to the Sale and Purchase Agreement entered into with the Vendors on 25 February 2014.

Please refer to the attachment for the details of the announcement.

This announcement is dated 14 March 2014.



TAS - OTHERS VESSEL SALES WORTH APPROXIMATELY RM13.2 MILLION SECURED

Announcement Type: General Announcement
Company NameTAS OFFSHORE BERHAD  
Stock Name TAS  
Date Announced14 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140314-32251

TypeAnnouncement
SubjectOTHERS
DescriptionVESSEL SALES WORTH APPROXIMATELY RM13.2 MILLION SECURED


TAS Offshore Berhad is pleased to announce that its wholly-owned subsidiary has secured a contract for the sale of one unit of Utility Tug with value of approximately RM13.2 million.

The vessel was sold to one of our new foreign customers. The vessel is expected to be delivered in April 2015.

The revenue generated from the contract is expected to contribute positively to the earnings and net assets of TAS Group for financial year ending 31 May 2014 and 2015.

None of the Directors and/or major shareholders of TAS Offshore Berhad or persons connected to them have any interest, direct or indirect, in the above contract.



GAMUDA - GAMUDA-EMPLOYEES' SHARE OPTION SCHEME ("SCHEME")

Announcement Type: Listing Circular
Company NameGAMUDA BERHAD  
Stock Name GAMUDA  
Date Announced14 Mar 2014  
CategoryListing Circular
Reference NoNE-140314-43096

LISTING'S CIRCULAR NO. L/Q : 70075 OF 2014

Kindly be advised that the abovementioned Company’s additional 902,000 new ordinary shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted listing and quotation with effect from 9.00 a.m., Monday, 17 March 2014.


ENCORP - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameENCORP BERHAD  
Stock Name ENCORP  
Date Announced14 Mar 2014  
CategoryAdditional Listing Announcement (ALA)
Reference NoEB-140313-49BE1

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of 5-year 6% Redeemable Convertible Secured Loan Stocks ("RCSLS")
No. of shares issued under this corporate proposal49,700
Issue price per share ($$)MYR 1.000
Par Value ($$)MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units226,382,336
CurrencyMYR 226,382,336.000
Listing Date17/03/2014


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