March 21, 2014

Company announcements: SYMPHNY, IDEAL, XOX, MYETFID, HYTEXIN

SYMPHNY - SUSPENSION OF SECURITIES

Announcement Type: General Announcement
Company NameSYMPHONY HOUSE BHD  
Stock Name SYMPHNY  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoMM-140321-64064

TypeAnnouncement
SubjectSUSPENSION OF SECURITIES
DescriptionSYMPHONY HOUSE BHD (“SYMPHONY” OR THE “COMPANY”)
REQUEST FOR SUSPENSION OF TRADING

On behalf of Symphony, CIMB Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the request for suspension for the trading of Symphony’s securities with effect from 9.00 a.m. on Monday, 24 March 2014 to 5.00 p.m. on Wednesday, 26 March 2014.

The request for suspension is made under subparagraph 3.1(a)(i) and 3.1(a)(ii) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) in view that Symphony intends to make a material announcement on a very substantial transaction as defined in Chapter 10 of the Listing Requirements resulting in a significant change in the business direction or policy of the Company.

(This announcement is dated 21 March 2014)



IDEAL - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced21 Mar 2014  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoOS-140319-60827

Title / DescriptionRENOUNCEABLE RIGHTS ISSUE OF 94,003,200 NEW ORDINARY SHARES OF RM0.10 EACH IN IDEAL SUN CITY HOLDINGS BERHAD ("IDEAL") (“RIGHTS SHARES”) TOGETHER WITH 47,001,600 FREE DETACHABLE WARRANTS (“RIGHTS WARRANTS”) AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ON THE BASIS OF FOUR (4) RIGHTS SHARES FOR EVERY ONE (1) IDEAL SHARE TOGETHER WITH ONE (1) RIGHTS WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED ON 7 APRIL 2014 ("RIGHTS ISSUE WITH WARRANTS")
Despatch Date09/04/2014
Date for commencement of trading of the rights08/04/2014
Date for despatch of abridged prospectus and subscription forms09/04/2014
Date for cessation of trading of the rights15/04/2014
Date for announcement of final subscription result and basis of allotment of excess Rights Securities28/04/2014
Listing date of the Rights Securities08/05/2014

Last date and time forDateTime
Sale of provisional allotment of rights14/04/2014
at
05:00:00 PM
Transfer of provisional allotment of rights17/04/2014
at
04:00:00 PM
Acceptance and payment22/04/2014
at
05:00:00 PM
Excess share application and payment22/04/2014
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class:
Yes 
Other important dates as the listed issuer may deem appropriate:
The last date and time for acceptance and payment as well as the last date and time for excess application and payment may
be extended as the Board of Directors of IDEAL may decide and announce not less than 2 market days before the stipulated
date and time.

This announcement is dated 21 March 2014. 


IDEAL - Others

Announcement Type: Entitlements (Notice of Book Closure)
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced21 Mar 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-140319-344D4

EX-date03/04/2014
Entitlement date07/04/2014
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionCONSOLIDATION OF THE ISSUED AND PAID-UP SHARE CAPITAL OF IDEAL, SUCH THAT EVERY TEN (10) ORDINARY SHARES OF RM0.01 EACH SHALL BE CONSOLIDATED BACK INTO ONE (1) IDEAL SHARE (“SHARE CONSOLIDATION”)
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd

Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Telephone number: 03-2264 3883
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers07/04/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorRatio
Ratio 1 : 10
Rights Issues/Offer Price 0.1

Remarks :
The shareholders of IDEAL whose names appear on the Record of Depositors at the close of business at 5.00 p.m. on 7 April 2014 shall be subjected to the Share Consolidation.

Trading of the ordinary shares of RM0.10 in IDEAL will be suspended with effect from 9.00 a.m. on 2 April 2014 up to and including 7 April 2014.

This announcement is dated 21 March 2014.


IDEAL - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced21 Mar 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-140319-61860

EX-date03/04/2014
Entitlement date07/04/2014
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF 94,003,200 NEW ORDINARY SHARES OF RM0.10 EACH IN IDEAL SUN CITY HOLDINGS BERHAD ("IDEAL") (“RIGHTS SHARES”) TOGETHER WITH 47,001,600 FREE DETACHABLE WARRANTS (“RIGHTS WARRANTS”) AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ON THE BASIS OF FOUR (4) RIGHTS SHARES FOR EVERY ONE (1) IDEAL SHARE TOGETHER WITH ONE (1) RIGHTS WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED ON 7 APRIL 2014 ("RIGHTS ISSUE WITH WARRANTS")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd

Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Telephone number: 03-2264 3883
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers07/04/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)94003200 
Entitlement indicatorRatio
Ratio 4 : 1
Rights Issues/Offer Price 0.1

Remarks :
Shareholders' approval for the Rights Issue with Warrants was obtained on 13 November 2013.

The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as “Documents”) in relation to the Rights Issue with Warrants will be despatched on 9 April 2014 to the entitled shareholders of IDEAL whose names appear on the Record of Depositors of IDEAL on 7 April 2014.

The Documents will not be registered under any legislation of any foreign jurisdiction, and the Rights Issue with Warrants will not be made or offered in any foreign jurisdiction. Accordingly, the Documents will not be sent to foreign entitled shareholders of IDEAL:

(i) who do not have a registered address in Malaysia in the Record of Depositors; or

(ii) who have not provided the Share Registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 7 April 2014, being the entitlement date for the Rights Issue with Warrants.

This announcement is dated 21 March 2014.


IDEAL - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced21 Mar 2014  
CategoryPDF Submission
Reference NoOS-140321-68188

Regularisation SponsorM&A Securities Sdn Bhd
SubjectINFORMATION CIRCULAR TO SHAREHOLDERS

IN RELATION TO THE

(I) CONSOLIDATION OF THE ISSUED AND PAID-UP SHARE CAPITAL OF IDEAL, SUCH THAT EVERY TEN (10) ORDINARY SHARES OF RM0.01 EACH SHALL BE CONSOLIDATED BACK INTO ONE (1) IDEAL SHARE (“SHARE CONSOLIDATION”);

(II) RENOUNCEABLE RIGHTS ISSUE OF 94,003,200 NEW IDEAL SHARES (“RIGHTS SHARES”) TOGETHER WITH 47,001,600 FREE DETACHABLE WARRANTS (“RIGHTS WARRANTS”) AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF FOUR (4) RIGHTS SHARES FOR EVERY ONE (1) IDEAL SHARE HELD TOGETHER WITH ONE (1) RIGHTS WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED AFTER THE SHARE CONSOLIDATION (“RIGHTS ISSUE WITH WARRANTS”); AND

(III) CLOSURE OF BOOKS TO DETERMINE THE SHAREHOLDERS WHOSE SHAREHOLDINGS WILL BE SUBJECTED/ENTITLED TO THE SHARE CONSOLIDATION AND RIGHTS ISSUE WITH WARRANT

Attachments

IDEAL - Info Circular.pdf
790 KB






XOX - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameXOX BHD (ACE Market) 
Stock Name XOX  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoCC-140321-60023

Admission SponsorAmInvestment Bank Bhd
SponsorM&A Securities Sdn Bhd
TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionXOX BHD ("XOX" or "THE COMPANY")
- Joint Venture Term Sheet

Attachments

XOX-JVTS.pdf
30 KB



MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoMM-140321-68028

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 21-03-2014
Fund: MYETFID
NAV per unit (RM): 1.0091
Units in Circulation (units): 20,000,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.045
License Fee (%p.a): 0.06
MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,355.25

 



MYETFID - OTHERS Press Release MyETF MSCI MALAYSIA ISLAMIC DIVIDEND listed on Bursa today

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoMM-140321-68210

TypeAnnouncement
SubjectOTHERS
DescriptionPress Release

MyETF MSCI MALAYSIA ISLAMIC DIVIDEND listed on Bursa today

 

Press Release

 

MyETF MSCI MALAYSIA ISLAMIC DIVIDEND listed on Bursa today

 

KUALA LUMPUR, 21 March 2014 – Malaysia’s second Shariah-compliant Exchange Traded Fund (“ETF”), MyETF MSCI Malaysia Islamic Dividend (“MyETF-MMID” or “Fund”), was successfully listed on Bursa Securities today. The Fund, which is managed by i-VCAP Management Sdn Bhd (“i-VCAP”), was launched on 27 February 2014 and is the country’s first ETF launched this year.

 

The MyETF-MMID is an open-ended fund with an approved fund size of 500 million units. The Fund carries the objective of tracking the MSCI Malaysia IMI Islamic High Dividend Yield 10/40 Index which comprise of Malaysia’s shariah compliant dividend yielding stocks listed on Bursa Securities. The underlying securities and Net Asset Value are disclosed daily to investors via Bursa Securities and the MyETF Series’ website.

 

i-VCAP CEO, Mahdzir Bin Othman, highlighted that with the listing, investors will have the convenience to trade the Fund on Bursa Securities, just like stocks. He added, “Even though MyETF-MMID can be traded like stocks, its price movement is similar to a collective investment scheme or unit trust. The benefits for investors when they trade an ETF however is that they will never have to incur any front-load or sales charges which are much higher than exchange trading charges. Given the cost efficiency, transparent and yet simple and easy to understand, ETFs definitely provide an investment option for investors.

 

He acknowledges that the awareness and education on ETFs should be a continuous effort, as the product is still at an infancy stage in Malaysia. Meanwhile, i-VCAP also plans to rollout more ETFs on Bursa Securities as this will help to create greater depth and variety for medium to long term retail and institutional as well as to further develop the local ETF market.

 

Pursuant to the closing of the subscription period on 12 March 2014, a total of 20 million units of MyETF-MMID have been created and subscribed by retail and institutional investors. “This reflects that there is interest by investors in the product, especially since that this is the first ETF listed since 2010.”

 

MyETF-MMID opened at RM1.015 on its trading debut, a slight premium to its NAV of RM1.0033 and the initial issue price of RM1.00 per unit. The Fund closed at RM1.00 with 451,000 total units traded on its opening day. Mahdzir highlighted that investors should not expect short term volatility on the price performance of an ETF as it is structured similar to a unit trust.

 

 

 

 

 

About i-VCAP Management Sdn Bhd

 

Incorporated on 25 October 2007, i-VCAP’s principal business activity is to provide Shariah-compliant investment products and management services that meet clients’ specific requirements. The Company currently manages ETFs, Wholesale Funds and Private Mandate with total assets under management amount to RM1.03 bn. As at 31 December 2013, the Company’s shareholders’ funds stood at RM24.7mil. The company’s flagship fund – MyETF-DJIM25 is the first Shariah exchange traded fund in Asia and the 2nd largest Shariah ETF in the world to date (NAV: RM289 mil). Please visit our website www.myetf.com.my for more information.

 

 

 

 

 

-ends-

 

 

 

 

 

Released by i-VCAP Management Sdn. Bhd.

 

 

 

Contact:

 

Farhana Alhabshi (farhana@ivcap.com.my)

 

Business Development

 

Tel: 03 2093 7119 ext 197; Fax: 03 2094 7119

 

 

 

To arrange for an interview, please contact: 

 

 

 

Joshua Rayan

Tel: 012 3688042

Email: josh@wordswizards.com

Jade Wong

Tel: (+6) 012-219 5289

Email: jade@mustardtee.com.my

Sally Yeow

Tel: 017 374 0056/ 012 219 5767

Email: sally@mustardtree.com.my / sallyyeow@gmail.com 

 

 

 

 

 

 



HYTEXIN - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoCS-140321-65200

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionHYTEX INTEGRATED BERHAD ("HIB" OR "THE COMPANY")
- WINDING-UP PETITION BY UNITED OVERSEAS BANK (MALAYSIA) BERHAD ("PETITIONER") SERVED ON HYTEX APPARELS SDN BHD (“WINDING-UP PETITION”

In the High Court of Malaya at Kuala Lumpur Commercial Division (Companies (Winding Up) No: 28NCC-886-10/2013)

 

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 16 October 2013 in relation to the Winding-Up Petition.

Further to the Company’s announcements made on 16 October 2013, 22 October 2013, 15 November 2013, 21 November 2013, 10 December 2013, 17 December 2013, 23 December 2013 and 20 March 2014 and the Company’s announcements made on 23 December 2013 and 20 March 2014 in respect of the Restraining Order, the Board of Directors of the Company wishes to announce that on 20 March 2014, HSBC Bank Malaysia (“HSBC”) has submitted a Notice of Intention to appear on the hearing of the Winding-Up Petition to be heard on 20 March 2014 (of which has been postponed to 31 March 2014 as disclosed in the announcement dated 20 March 2014) and to support the Winding-Up Petition.

 

HSBC is a creditor of the Company for the sum of RM4,002,105-07 as at 9 January 2013 together with further interest as follows:-

 

(a) interest on the sum of RM3,376,081-45 at the Base Lending Rate which as at 10 January 2013 is 6.60% per annum (and such Base Lending rate as may be determined by the Bank from time to time) + 1.75% per annum on monthly rest from 10 January 2013 until the date of full settlement; and

 

(b) additional interest of 1.00% per annum on the sum of RM3,376,081-45 on monthly rest from 10 January 2013 until the date of full settlement.

 

This announcement is dated 21 March 2014.

 



HYTEXIN - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameHYTEX INTEGRATED BERHAD  
Stock Name HYTEXIN  
Date Announced21 Mar 2014  
CategoryGeneral Announcement
Reference NoCS-140321-64504

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionHYTEX INTEGRATED BERHAD ("HIB" OR "THE COMPANY")
- WINDING-UP PETITION BY UNITED OVERSEAS BANK (MALAYSIA) BERHAD ("PETITIONER") SERVED ON HIB (“WINDING-UP PETITION”

In the High Court of Malaya at Kuala Lumpur Commercial Division (Companies (Winding Up) No: 28NCC-884-10/2013)

 

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 16 October 2013 in relation to the Winding-Up Petition.

Further to the Company’s announcements made on 16 October 2013, 22 October 2013, 15 November 2013, 21 November 2013, 10 December 2013, 17 December 2013, 23 December 2013 and 20 March 2014 and the Company’s announcements made on 23 December 2013 and 20 March 2014 in respect of the Restraining Order, the Board of Directors of the Company wishes to announce that on 20 March 2014, HSBC Bank Malaysia (“HSBC”) has submitted a Notice of Intention to appear on the hearing of the Winding-Up Petition to be heard on 20 March 2014 (of which has been postponed to 31 March 2014 as disclosed in the announcement dated 20 March 2014) and to support the Winding-Up Petition.

 

HSBC is a creditor of the Company for the sum of RM4,002,105-07 as at 9 January 2013 together with further interest as follows:-

 

(a) interest on the sum of RM3,376,081-45 at the Base Lending Rate which as at 10 January 2013 is 6.60% per annum (and such Base Lending rate as may be determined by the Bank from time to time) + 1.75% per annum on monthly rest from 10 January 2013 until the date of full settlement; and

 

(b) additional interest of 1.00% per annum on the sum of RM3,376,081-45 on monthly rest from 10 January 2013 until the date of full settlement.

 

This announcement is dated 21 March 2014.


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