May 16, 2014

Company announcements: HEXAGON, HAIO, TALIWRK, SINOTOP, MAHSING, WWTKH, EKOVEST

HEXAGON - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameHEXAGON HOLDINGS BHD  
Stock Name HEXAGON  
Date Announced16 May 2014  
CategoryGeneral Announcement
Reference NoCM-140516-53040

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionMonthly announcement on the status of default in payment pursuant to Practice Note No. 1/2001 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("PN1")

In compliance with paragraph 3.2 of PN1 and further to the announcements made on 17 December 2012, 18 December 2012, 16 January 2013, 6 February 2013, 12 March 2013, 8 April 2013, 15 May 2013, 12 June 2013, 15 July 2013, 16 August 2013, 13 September 2013, 14 October 2013, 14 November 2013, 16 December 2013, 13 January 2014, 11 February 2014, 14 March 2014 and 16 April 2014, the Board of Directors of Hexagon Holdings Berhad (“HHB” or “the Company”) wishes to announce that there is no other material development as of today.

This announcement is dated 16 May 2014.



HAIO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameHAI-O ENTERPRISE BERHAD  
Stock Name HAIO  
Date Announced16 May 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCP-140516-20FDD

Date of buy back16/05/2014
Description of shares purchasedOrdinary Shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,000
Minimum price paid for each share purchased ($$)2.560
Maximum price paid for each share purchased ($$)2.570
Total consideration paid ($$)25,814.00
Number of shares purchased retained in treasury (units)10,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)6,114,488
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)3.02


TALIWRK - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NameTALIWORKS CORPORATION BERHAD  
Stock Name TALIWRK  
Date Announced16 May 2014  
CategoryFinancial Results
Reference NoCS-140515-48873

Financial Year End31/12/2014
Quarter1
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited

Attachments

Taliworks - 1QFY14.pdf
525 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
75,603
64,637
75,603
64,637
2Profit/(loss) before tax
12,398
9,731
12,398
9,731
3Profit/(loss) for the period
7,431
6,263
7,431
6,263
4Profit/(loss) attributable to ordinary equity holders of the parent
3,753
5,637
3,753
5,637
5Basic earnings/(loss) per share (Subunit)
0.86
1.29
0.86
1.29
6Proposed/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 ($$)
1.3852
1.3873
Definition of Subunit:

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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


TALIWRK - Final Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameTALIWORKS CORPORATION BERHAD  
Stock Name TALIWRK  
Date Announced16 May 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoCS-140516-63435

EX-date09/06/2014
Entitlement date11/06/2014
Entitlement time05:00:00 PM
Entitlement subjectFinal Dividend
Entitlement descriptionFinal single-tier dividend of 1.0 sen per ordinary share
Period of interest payment to
Financial Year End31/12/2013
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 noSymphony Share Registrars Sdn. Bhd.
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Tel No.: 03-7841 8000
Payment date 25/06/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers11/06/2014 
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 indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.01

Remarks :
The payment of the final single-tier dividend of 1.0 sen per ordinary share is subject to the shareholders' approval at the forthcoming Twenty Third Annual General Meeting of the Company to be held on 18 June 2014.


SINOTOP - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NameSINOTOP HOLDINGS BERHAD  
Stock Name SINOTOP  
Date Announced16 May 2014  
CategoryFinancial Results
Reference NoCA-140514-39381

Financial Year End31/12/2014
Quarter1
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
28,958
30,699
28,958
30,699
2Profit/(loss) before tax
1,763
139
1,763
139
3Profit/(loss) for the period
1,335
41
1,335
41
4Profit/(loss) attributable to ordinary equity holders of the parent
1,335
41
1,335
41
5Basic earnings/(loss) per share (Subunit)
0.07
0.00
0.07
0.00
6Proposed/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 ($$)
0.0900
0.0900
Definition of Subunit:

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:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


MAHSING - OTHERS Change of Name of Subsidiaries

Announcement Type: General Announcement
Company NameMAH SING GROUP BERHAD  
Stock Name MAHSING  
Date Announced16 May 2014  
CategoryGeneral Announcement
Reference NoMS-140512-43388

TypeAnnouncement
SubjectOTHERS
DescriptionChange of Name of Subsidiaries

The Board of Directors of Mah Sing Group Berhad wishes to announce that the change of name of the following wholly-owned subsidiaries:-

i) Grand Pavilion Development Sdn Bhd has changed its name to Mah Sing Group Ventures Sdn Bhd;

ii) Intramewah Development Sdn Bhd has changed its name to Dsara Sentral Sdn Bhd; and

iii) Tristar Acres Sdn Bhd has changed its name to Southville City Sdn Bhd.

This announcement is dated 16 May 2014.



WWTKH - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)

Announcement Type: General Announcement
Company NameWAWASAN TKH HOLDINGS BERHAD  
Stock Name WWTKH  
Date Announced16 May 2014  
CategoryGeneral Announcement
Reference NoCK-140515-51642

TypeAnnouncement
SubjectTAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
DescriptionWAWASAN TKH HOLDINGS BERHAD (“WWTKH” OR THE “COMPANY”)

CONDITIONAL TAKE-OVER OFFER BY WAWASAN TKH SDN BHD (“WTKHSB” OR THE “OFFEROR”) TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM0.10 EACH IN WWTKH (“WWTKH SHARES”) NOT ALREADY OWNED BY THE OFFEROR AND PERSONS ACTING IN CONCERT WITH IT (“OFFER SHARES”) FOR A CASH CONSIDERATION OF RM0.09 PER OFFER SHARE (“OFFER”)

The Board of Directors of WWTKH (“Board”) wishes to announce that it had today, received a notice of conditional take-over offer (“Notice”) from RHB Investment Bank Berhad on behalf of the Offeror, to acquire all the Offer Shares for a cash consideration of RM0.09 per Offer Share.

In accordance with Section 11(11) of the Malaysian Code on Take-Overs and Mergers, 2010 (“Code”), the Board has deliberated on the Offer and will not seek for an alternative offer.

The Board will appoint an independent adviser to advise the independent directors and minority shareholders of WWTKH, amongst others, on the merits of the Offer in due course.

A copy of the Notice is attached herewith and will be posted to the shareholders of WWTKH within seven (7) days from the date of this Notice.

This announcement is dated 16 May 2014.



EKOVEST - Others

Announcement Type: Entitlements (Notice of Book Closure)
Company NameEKOVEST BERHAD  
Stock Name EKOVEST  
Date Announced16 May 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoMB-140516-51286

EX-date28/05/2014
Entitlement date30/05/2014
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionSHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00 EACH IN EKOVEST BERHAD (“EKOVEST”) INTO TWO (2) ORDINARY SHARES OF RM0.50 EACH IN EKOVEST (“SUBDIVIDED SHARES”) (“SHARE SPLIT”)
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 noSectrars Services Sdn Bhd,
No. 28-1, Jalan Tun Sambanthan 3, Brickfields,
50470 Kuala Lumpur
Tel : 03 2274 6133
Fax: 03 2274 1016
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers30/05/2014 
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 2 : 1
Rights Issues/Offer Price

Remarks :
(The terms used herein shall, unless the context otherwise states, bear the same meaning as those defined in Ekovest’s circular to shareholders dated 11 April 2014)

The listing and quotation of the Subdivided Shares on the Main Market of Bursa Malaysia Securities Berhad shall take place on 2 June 2014, being the next market day immediately after the entitlement date of the Share Split.

The share registrar of Ekovest will issue and despatch the notices of allotment to all the entitled shareholders by 6 June 2014, being four (4) market days after the listing and quotation of the Subdivided Shares.

Please note that the Subdivided Shares will be entitled to the Rights Issue With Warrants (as applicable). The Subdivided Shares will be credited to the CDS accounts of the Entitled Shareholders on the evening of the Entitlement Date for purposes of determining the entitlement to the Rights Issue With Warrants.

This announcement is dated 16 May 2014.


EKOVEST - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NameEKOVEST BERHAD  
Stock Name EKOVEST  
Date Announced16 May 2014  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoMB-140516-51869

Title / DescriptionRENOUNCEABLE RIGHTS ISSUE OF 244,413,960 NEW ORDINARY SHARES OF RM0.50 EACH (AFTER THE SHARE SPLIT) IN EKOVEST BERHAD (“EKOVEST”) (“EKOVEST SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 122,206,980 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH ONE (1) FREE WARRANT FOR EVERY FIVE (5) EXISTING EKOVEST SHARES HELD AT 5.00 P.M. ON 30 MAY 2014 (“RIGHTS ISSUE WITH WARRANTS”)
Despatch Date03/06/2014
Date for commencement of trading of the rights02/06/2014
Date for despatch of abridged prospectus and subscription forms03/06/2014
Date for cessation of trading of the rights09/06/2014
Date for announcement of final subscription result and basis of allotment of excess Rights Securities23/06/2014
Listing date of the Rights Securities30/06/2014

Last date and time forDateTime
Sale of provisional allotment of rights06/06/2014
at
05:00:00 PM
Transfer of provisional allotment of rights11/06/2014
at
04:00:00 PM
Acceptance and payment16/06/2014
at
05:00:00 PM
Excess share application and payment16/06/2014
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:
 

Remarks :
The last date and time for acceptance, excess application and payment are as above, or such later date and time as the Board of Directors of Ekovest may decide and announce not less than two (2) market days before the stipulated date and time.

This announcement is dated 16 May 2014.


EKOVEST - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameEKOVEST BERHAD  
Stock Name EKOVEST  
Date Announced16 May 2014  
CategoryGeneral Announcement
Reference NoMB-140516-52098

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionEKOVEST BERHAD ("EKOVEST" OR THE “COMPANY")

- PROPOSED ACQUISITION;
- SHARE SPLIT;
- RIGHTS ISSUE WITH WARRANTS;
- ESOS; AND
- AMENDMENTS TO M&A.

(COLLECTIVELY THE “PROPOSALS”)

Reference is made to the announcements on 29 January 2014, 26 February 2014, 28 March 2014, 5 May 2014 and 8 May 2014 in relation to the Proposals (“Announcements”). For consistency, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Announcements and the Circular.

On behalf of the Board of Directors of Ekovest (“Board”), AmInvestment Bank Berhad wishes to announce that the Board has resolved to fix the following prices pursuant to the Rights Issue With Warrants:-

(i) the issue price of the Rights Shares at RM1.00 per Rights Share; and

(ii) the exercise price of the Warrants at RM1.35 per Warrant.

The issue price of the Rights Shares and the exercise price of the Warrants were determined based on the factors set out in the announcement dated 29 January 2014 and the circular to shareholders dated 11 April 2014.

The issue price of RM1.00 per Rights Share represents a discount of approximately 17.9%, while the exercise price of RM1.35 per Warrants represents a premium of approximately 10.9% from/to the theoretical ex-all price of Ekovest Shares of RM1.2175, based on the five (5)-day volume weighted average price of Ekovest Shares up to and including 15 May 2014 of RM2.609 (the theoretical share price after the Share Split amounts to RM1.3045).

Meanwhile, AmInvestment Bank also wishes to inform that the announcements on the Share Split Entitlement Date and Rights Issue Entitlement Date have been made today in separate announcements.

This announcement is dated 16 May 2014.



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