IRIS - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | IRIS CORPORATION BERHAD (ACE Market) |
| Stock Name | IRIS |
| Date Announced | 29 Apr 2014 |
| Category | General Announcement |
| Reference No | IC-140429-64560 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROJECT AGREEMENT ENTERED ON 28TH APRIL 2014 AMONGST REGAL ENERGY LIMITED (“REL”), XI AN DEZHAO ENVIRONMENT PROTECTION TECHNOLOGY CO. LTD AND WEINAN IRIS-ENVIROWERKZ-ZHOUJI RENEWABLE RESOURCES CO., LTD FOR THE SUPPLY OF WASTE TREATMENT TECHNOLOGY AND EQUIPMENTS SIMILAR TO THE WEINAN PLANT IN PEOPLE'S REPUBLIC OF CHINA FOR A TOTAL INVESTMENT COSTS OF RMB50,000,000 (EQUIVALENT TO RM26,090,000) |
PROJECT AGREEMENT ENTERED ON 28TH APRIL 2014 AMONGST REGAL ENERGY LIMITED (“REL”), XI AN DEZHAO ENVIRONMENT PROTECTION TECHNOLOGY CO. LTD AND WEINAN IRIS-ENVIROWERKZ-ZHOUJI RENEWABLE RESOURCES CO., LTD FOR THE SUPPLY OF WASTE TREATMENT TECHNOLOGY AND EQUIPMENTS SIMILAR TO THE WEINAN PLANT IN PEOPLE’S REPUBLIC OF CHINA FOR A TOTAL INVESTMENT COSTS OF RMB50,000,000 (EQUIVALENT TO RM26,090,000)
1. INTRODUCTION The Board of Directors of IRIS Corporation Berhad (“the Company”/ "ICB")) is pleased to announce that its wholly owned subsidiary Regal Energy Limited (“REL”) has on 28th April, 2014 entered into a Project Agreement (“Agreement”) with Xi’ an Dezhao Environmental Protection Technology Co. Ltd (“Dezhao”) and its subsidiary Weinan Iris-Envirowerkz-Zhouji Renewable Resources Co., Ltd (“IRIS JVCO”) for the supply of waste treatment technology and equipment presently utilized in the Weinan Plant to foreign markets (hereinafter referred to as the “Project”). REL and Dezhao agree to jointly promote and market the said technology and sale of the equipment under the Project. The total investment cost shall be Renminbi Fifty Million, RMB50,000,000 (equivalent to RM26,090,000).
2. SALIENT TERMS
(I) The Parties herein agree to enter into the Agreement to implement the Project which consists of IRIS-JVCO:-
(IV) Dezhao shall be responsible to use the Weinan Plant as a sample to market the Project and secure at least 20 waste treatment equipment sales contracts in favour of IRIS-JVCO before 31st May, 2014. (V) Dezhao shall obtain all licences, approvals and permits for manufacturing and sale of waste treatment equipment as part of the IRIS-JVCO’s business. (VI) A 5% Sales Commission will be paid to any party securing the sales contract to IRIS-JVCO.
3. SOURCES OF FUNDING The implementation of this Project will be funded by internally generated funds and bank borrowing.
4. RISK FACTORS Project Risk The implementation of the Project may be subject to unavoidable risks which may arise from non-compliance of specifications and capabilities pursuant to the performance parameters or anticipated difficulties in a foreign jurisdiction. However delays may then affect the profit margins of ICB as time shall be spent to resolve arising issues and will delay the recognition of revenue. Notwithstanding the above, the ICB Group will seek to limit the risks involved through prudent financial management and efficient operating procedures. Political, Economic And Regulatory The political, economic and regulatory stand of the PRC and Hong Kong (the jurisdiction of REL being incorporated in Hong Kong) at the date of this Agreement is deemed stable, however the ICB Group shall take necessary precautions to mitigate any risk that may arise if need be during the performance of this Agreement.
6. FINANCIAL EFFECTS OF THE PROJECT The Project will not have any material effect on the issued and paid up share capital, substantial shareholder’s shareholding, earnings, earnings per share, net assets per share and gearing of the ICB Group. Barring unforeseen circumstances, the Board is of the opinion that the Project will contribute positively to the earnings and earnings per share of the ICB Group for the next financial year.
7. APPROVALS REQUIRED FOR THE IMPLEMENTATION OF THE PROJECT This Agreement is not conditional on the approval of ICB’s shareholders or any relevant agencies of the Government of Malaysia, Hong Kong or PRC.
8. DIRECTORS AND MAJOR SHARE HOLDERS INTERESTS None of the directors, major shareholders, and persons connected with the directors or major shareholders of ICB have any interest, direct or indirect in the Project.
9. STATEMENT OF DIRECTORS The Board, after having considered all aspects of the Project is of the opinion that the Project is in pursuance the renewable energy arm of ICB and is indeed in the best interest of the ICB Group.
10. COMPLIANCE WITH THE SECURITIES COMMISSION’S POLICIES AND GUIDELINES ON ISSUE/OFFER OF SECURITIES The Agreement does not depart from the Securities Commission’s Policies and Guidelines on Issue/Offer of Securities.
11. HIGHEST PERCENTAGE RATIO Pursuant to Chapter 10 under Rule 10.06 (1) of ACE MLR, the highest percentage ratio that is applicable to this Project is 5.71%
12. SOURCES OF FUNDING The total investment cost of the Project of RMB50,000,000 will be funded by internally generated funds and bank borrowing.
13. DOCUMENT FOR INSPECTION The Agreement 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, and 59200 Kuala Lumpur for a period of three (3) months from the date of this announcement .
This announcement is dated 29th April, 2014.
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SYMPHNY - Annual Audited Accounts - 31 December 2013
| Company Name | SYMPHONY HOUSE BHD |
| Stock Name | SYMPHNY |
| Date Announced | 29 Apr 2014 |
| Category | PDF Submission |
| Reference No | CC-140429-59992 |
| Subject | Annual Audited Accounts - 31 December 2013 |
GRANFLO - Notice of Shares Buy Back - Immediate Announcement
| Company Name | GRAND-FLO BERHAD |
| Stock Name | GRANFLO |
| Date Announced | 29 Apr 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CM-140429-2C35F |
RAYA - GENERAL MEETINGS: NOTICE OF MEETING
| Company Name | RAYA INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | RAYA |
| Date Announced | 29 Apr 2014 |
| Category | General Meetings |
| Reference No | CS-140429-24BC6 |
| Type of Meeting | EGM |
| Indicator | Notice of Meeting |
| Description | ADJOURNED EXTRAORDINARY GENERAL MEETING ("EGM")FOR PROPOSED DISPOSAL BY RAYA CONSUMABLE SDN BHD (FORMERLY KNOWN AS QUEST FILTER SDN BHD), A WHOLLY-OWNED SUBSIDIARY OF RAYA INTERNATIONAL BERHAD (FORMERLY KNOWN AS ENVAIR HOLDING BERHAD), OF ONE (1) PARCEL OF FREEHOLD LAND TOGETHER WITH CORNER THREE (3) STOREY OFFICE BLOCK ANNEXED TO A ONE AND A HALF (1 ) STOREY WAREHOUSE BUILDING TO GLOBALMED SDN BHD (“GSB”) FOR A CASH CONSIDERATION OF RM8,500,000 (“PROPOSED DISPOSAL”) |
| Date of Meeting | 16/05/2014 |
| Time | 05:00 PM |
| Venue | KEMUNING 3, BUKIT KEMUNING GOLF & COUNTRY RESORT LOT 6031, BATU 7, BUKIT KEMUNING 42450 SHAH ALAM SELANGOR DARUL EHSAN |
| Date of General Meeting Record of Depositors | 08/05/2014 |
MYEG - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD
| Company Name | MY E.G. SERVICES BERHAD |
| Stock Name | MYEG |
| Date Announced | 29 Apr 2014 |
| Category | General Announcement |
| Reference No | CC-140429-55284 |
| Type | Announcement | ||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD | ||||||||||||||||||||
| Description | Pursuant to Paragraph 14.08 (a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), this is to notify the Exchange that Mr Wong Thean Soon and Dato' Raja Haji Munir Shah Bin Raja Mustapha (referred to as "Affected Persons") intends to deal in the Company's securities during closed period. In accordance with Paragraph 14.08 of the Main Market Listing Requirements of Bursa Securities, the Affected Persons will inform the Company Secretary of the Company on the details of their dealing within one (1) full market day after the dealing has occurred. | ||||||||||||||||||||
* The
percentage of direct and indirect interests exclude 10,806,400 Ordinary Shares
of RM0.10 each bought back by the Company and retained as treasury shares.
# The total
indirect shares of 198,157,998 are held as follows:
(i)
192,765,999 Ordinary Shares of RM0.10 each are registered in the name of Asia
Internet Holdings Sdn Bhd; and
(ii)
5,391,999 Ordinary Shares of RM0.10 each are registered in the name of Asia
Internet E-Services Holdings Sdn Bhd.
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HHHCORP - Annual Audited Accounts - 31 December 2013
| Company Name | HIAP HUAT HOLDINGS BERHAD (ACE Market) |
| Stock Name | HHHCORP |
| Date Announced | 29 Apr 2014 |
| Category | PDF Submission |
| Reference No | CC-140428-69579 |
| Admission Sponsor | Hong Leong Investment Bank Berhad |
| Subject | Annual Audited Accounts - 31 December 2013 |
DRBHCOM - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | DRB-HICOM BERHAD |
| Stock Name | DRBHCOM |
| Date Announced | 29 Apr 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | DD-140429-56144 |
Particulars of substantial Securities Holder
| Name | EMPLOYEES PROVIDENT FUND BOARD |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Level 42 Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 24/04/2014 | 200,000 |
| Remarks : |
| The Form 29B was received by the Company on 29 April 2014. |
HARBOUR - Changes in Director's Interest (S135) - Tan Sri Celestine Ujang Anak Jilan
| Company Name | HARBOUR-LINK GROUP BERHAD |
| Stock Name | HARBOUR |
| Date Announced | 29 Apr 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-140428-39238 |
Information Compiled By KLSE
Particulars of Director
| Name | Tan Sri Celestine Ujang Anak Jilan |
| Address | No. 8, Lorong Urat Mata, No. 1 Tabuan Jaya, 93350 Kuching, Sarawak. |
| Descriptions(Class & nominal value) | Ordinary Shares of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 50,000 | 1.920 |
| Circumstances by reason of which change has occurred | Disposal of shares via open market |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 25,400 |
| Direct (%) | 0.014 |
| Indirect/deemed interest (units) | 0 |
| Indirect/deemed interest (%) | 0 |
| Date of notice | 29/04/2014 |
GENP - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
| Company Name | GENTING PLANTATIONS BERHAD |
| Stock Name | GENP |
| Date Announced | 29 Apr 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | GP-140429-3944D |
Particulars of substantial Securities Holder
| Name | EMPLOYEES PROVIDENT FUND BOARD |
| Address | TINGKAT 19 BANGUNAN KWSP JALAN RAJA LAUT 50350 KUALA LUMPUR |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | MALAYSIA |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF 50 SEN EACH |
| Name & address of registered holder | CITIGROUP NOMINEES (TEMPATAN) SDN BHD EMPLOYEES PROVIDENT FUND BOARD LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 24/04/2014 | 100,000 |
| Remarks : |
| Form 29B dated 25 April 2014 was received on 29 April 2014. |
RVIEW - Annual Audited Accounts - 31 December 2013
| Company Name | RIVERVIEW RUBBER ESTATES BERHAD |
| Stock Name | RVIEW |
| Date Announced | 29 Apr 2014 |
| Category | PDF Submission |
| Reference No | CP-140429-63181 |
| Subject | Annual Audited Accounts - 31 December 2013 |
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