March 24, 2014

Company announcements: NETX, MQTECH, NEXGRAM, N2N

NETX - Changes in Sub. S-hldr's Int. (29B) - Metronic Global Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameNETX HOLDINGS BERHAD (ACE Market) 
Stock Name NETX  
Date Announced24 Mar 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCA-140324-E34F5

Particulars of substantial Securities Holder

NameMetronic Global Berhad
AddressNo. 2-1, Jalan Sri Hartamas 8, Sri Hartamas
50480 Kuala Lumpur
NRIC/Passport No/Company No.632068-V
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderMetronic Global Berhad
No. 2-1, Jalan Sri Hartamas 8, Sri Hartamas
50480 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired21/03/2014
1,044,000
 

Circumstances by reason of which change has occurredAcquisition of shares through open market
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change93,628,450
Date of notice24/03/2014


NETX - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameNETX HOLDINGS BERHAD (ACE Market) 
Stock Name NETX  
Date Announced24 Mar 2014  
CategoryGeneral Announcement
Reference NoCA-140324-E41BD

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionKUALA LUMPUR HIGH COURT SUIT NO. 22NCC-674-12/2013

The Company wishes to announce that its subsidiary, Ariantec Sdn Bhd (“ASB”), has filed a 3rd party notice against Vincent Loy Ghee Yaw and Chen Kong Kheng on 20.3.2014 in Kuala Lumpur High Court Suit No. 22NCC-674-12/2013 inter alia for the following reliefs that:

 

(a) ASB is indemnified against Microbial International Sdn Bhd’s (“Microbial”) counter-claim on a full indemnity basis;

 

(b) ASB is entitled to damages amounting to RM8, 555, 793.05 as pleaded in the original action against Microbial if ASB fails to obtain a judgment against Microbial;

 

(c) a declaration that you have breached your fiduciary duties as a director of ASB if ASB fails to obtain judgment against Microbial or if ASB is found liable for Microbial’s counter-claim;

 

(d) general damages for breaching your fiduciary duties as a director of ASB at the material time;

 

(e) documents within your possession or control to be returned forthwith to ASB together with a statutory declaration confirming the list of documents taken from ASB;

 

(f) general damages for interference to and/or trespass to ASB’s documents;

 

(g) interest at the rate of 5% on the judgment sum to be counted from the date of judgment to the date of full and final settlement;

 

(h) costs; and

 

(i) all other reliefs deemed fit and just by this Honourable Court.

 

 

 


MQTECH - Changes in Director's Interest (S135) - Lim Teong Lee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced24 Mar 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140324-8EED7

Information Compiled By KLSE

Particulars of Director

NameLim Teong Lee
Address7 Yunnan Drive 1, Singapore 63827
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
19/03/2014
668,100
0.120 

Circumstances by reason of which change has occurredOpen market disposal
Nature of interestDeemed interest
Consideration (if any) 

Total no of securities after change

Direct (units)1,000,000 
Direct (%)0.45 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice21/03/2014

Remarks :
The document was received by the company on 24 March 2014


MQTECH - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced24 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140324-C4468

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Rule 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Directors have transacted dealings in the securities of MQ Technology Berhad as set out in Table 1 hereunder.

This announcement is dated 24 March 2014

Name of Director

Date of disposal

Disposal Price

(RM per share)

No. of Shares disposed

% of shares disposed

Remark

 

Tan Cheow Boon

20.03.2014

0.135

17,180,000

7.75

 

 

Direct interest

 

0.130

5,500,016

2.48

 

 

0.125

4,500,000

2.03

 

 

0.135

658,333

0.30

 

 

 Direct interest

Chin Tee Kheng

20.03.2014

0.120

11,000,000

4.96

 

 

0.125

6,230,000

2.81

 

 

0.130

16

negligible

 

21.03.2014

0.125

7,000,000

3.16

 

 

0.120

4,000,000

1.80

 

 

 

 

 

 

 

 

 

 

 

Lim Teong Lee

 

19.03.2014

0.1204

668,100

0.30

Deemed interest

 

 

 

 

 

 

 

 

 

 

 



MQTECH - Changes in Director's Interest (S135) - Tan Cheow Boon

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced24 Mar 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140324-C444D

Information Compiled By KLSE

Particulars of Director

NameTan Cheow Boon
Address1-B-3C Leader Garden, Jalan Chee Seng 13
Tanjung Bungah, 11200 Penang
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
20/03/2014
17,180,000
0.135 
Disposed
20/03/2014
5,500,016
0.130 
Disposed
20/03/2014
4,500,000
0.125 
Disposed
20/03/2014
658,333
0.135 

Circumstances by reason of which change has occurredOpen market disposals
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)225,000 
Indirect/deemed interest (%)0.1 
Date of notice24/03/2014


MQTECH - Changes in Director's Interest (S135) - Chin Tee Kheng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced24 Mar 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140324-2FCC1

Information Compiled By KLSE

Particulars of Director

NameChin Tee Kheng
Address11, Jalan Bukit Kecil 2, Taman Sri Nibong, 11900 Penang
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
20/03/2014
11,000,000
0.120 
Disposed
20/03/2014
6,230,000
0.125 
Disposed
20/03/2014
16
0.130 
Disposed
21/03/2014
7,000,000
0.125 
Disposed
21/03/2014
4,000,000
0.120 

Circumstances by reason of which change has occurredOpen market disposals
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice24/03/2014


MQTECH - Notice of Person Ceasing (29C) - Chin Tee Kheng

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced24 Mar 2014  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCC-140324-2FCBB

Particulars of substantial Securities Holder

NameChin Tee Kheng
Address11, Jalan Bukit Kecil 2, Taman Sri Nibong,11900 Penang
NRIC/Passport No/Company No.670613-07-5017
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Date of cessation20/03/2014
Name & address of registered holderChin Tee Kheng of 11, Jalan Bukit Kecil 2, Taman Sri Nibong,11900 Penang
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed17,230,016 
Price Transacted ($$) 
Circumstances by reason of which a person ceases to be a substantial securities HolderOpen market disposals
Nature of interestDirect interest
Date of notice24/03/2014


MQTECH - Notice of Person Ceasing (29C) - Tan Cheow Boon

Announcement Type: Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced24 Mar 2014  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoCC-140324-37074

Particulars of substantial Securities Holder

NameTan Cheow Boon
Address1-B-3C Leader Garden, Jalan Chee Seng 13
Tanjung Bungah, 11200 Penang
NRIC/Passport No/Company No.680211-07-5347
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Date of cessation20/03/2014
Name & address of registered holder1. Tan Cheow Boon of 1-B-3C Leader Garden, Jalan Chee Seng 13
Tanjung Bungah, 11200 Penang

2. Ooi Hooi Ming of 1-B-3C Leader Garden, Jalan Chee Seng 13
Tanjung Bungah, 11200 Penang
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed27,838,349 
Price Transacted ($$) 
Circumstances by reason of which a person ceases to be a substantial securities HolderOpen market disposals
Nature of interestDirect interest
Date of notice24/03/2014


NEXGRAM - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameNEXGRAM HOLDINGS BERHAD (ACE Market) 
Stock Name NEXGRAM  
Date Announced24 Mar 2014  
CategoryGeneral Meetings
Reference NoCS-140324-53724

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionNEXGRAM HOLDINGS BERHAD (FORMERLY KNOWN AS NEXTNATION COMMUNICATION BERHAD) ("NEXGRAM" or "THE COMPANY")
- Extraordinary General Meeting ("EGM")

The Board of Directors of NEXGRAM wishes to inform that the EGM of the Company is scheduled to be held at Dewan Berjaya, Bukit Kiara Equestrian & Country Resort, Jalan Bukit Kiara, Off Jalan Damansara, 60000 Kuala Lumpur on Wednesday, 9 April 2014 at 10:00 a.m. as per the Notice of EGM attached.

This announcement is dated 24 March 2014.
Date of Meeting09/04/2014
Time10:00 AM
VenueDewan Berjaya, Bukit Kiara Equestrian & Country Resort, Jalan Bukit Kiara, Off Jalan Damansara, 60000 Kuala Lumpur
Date of General Meeting Record of Depositors02/04/2014


N2N - Changes in Director's Interest (S135) - GOH FUQIANG, KENNETH

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced24 Mar 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCM-140324-CE614

Information Compiled By KLSE

Particulars of Director

NameGOH FUQIANG, KENNETH
Address28 FIFTH AVENUE
SINGAPORE 268792
Descriptions(Class & nominal value)FIVE YEAR WARRANTS 2013/2018

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
17/03/2014
3,316,666
0.320 

Description of other type of transactionCONVERSION OF WARRANTS TO ORDINARY SHARES
Circumstances by reason of which change has occurred
Nature of interestDIRECT
Consideration (if any)

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice24/03/2014


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