May 6, 2014

Company announcements: KARYON, GRANFLO, IDEAL, XINGHE, SMRT, ETITECH, FRONTKN, SCH, FBMKLCI-EA

KARYON - OTHERS KARYON INDUSTRIES BERHAD (“KIB” OR “COMPANY”) TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF KIB FROM THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) TO THE MAIN MARKET OF BURSA SECURITIES (“TRANSFER LISTING”)

Announcement Type: General Announcement
Company NameKARYON INDUSTRIES BERHAD  
Stock Name KARYON  
Date Announced6 May 2014  
CategoryGeneral Announcement
Reference NoMM-140506-63100

TypeAnnouncement
SubjectOTHERS
DescriptionKARYON INDUSTRIES BERHAD (“KIB” OR “COMPANY”)

TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF KIB FROM THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) TO THE MAIN MARKET OF BURSA SECURITIES (“TRANSFER LISTING”)

We refer to the Company’s announcements dated 27 May 2013, 26 July 2013, 25 September 2013, 22 November 2013, 21 January 2014, 21 March 2014, 24 March 2014, 26 March 2014, 10 April 2014, 16 April 2014 and 2 May 2014 in relation to the Transfer Listing.

On behalf of the Board of Directors of KIB, Public Investment Bank Berhad wishes to announce that the Transfer Listing has been completed today following the transfer of the listing of and quotation for the entire issued and paid-up share capital of KIB from the ACE Market of Bursa Securities to the Main Market of Bursa Securities with effect from 9.00 a.m. on Tuesday, 6 May 2014.

This announcement is dated 6 May 2014.



GRANFLO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameGRAND-FLO BERHAD  
Stock Name GRANFLO  
Date Announced6 May 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-140506-54C4C

Date of buy back06/05/2014
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,000
Minimum price paid for each share purchased ($$)0.295
Maximum price paid for each share purchased ($$)0.300
Total consideration paid ($$)2,975.00
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)557,000
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 (%)0.171


IDEAL - IDEAL- RENOUNCEABLE RIGHTS ISSUE OF 94,003,200 NEW ORDINARY SHARES OF RM0.10 EACH (“RIGHTS SHARES”) ON THE BASIS OF 4 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD, TOGETHER WITH 47,001,600 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED (“RIGHTS ISSUE”) PLACEMENT OF 24,000,000 NEW ORDINARY SHARES OF RM0.10 EACH (“PLACEMENT SHARES”) TOGETHER WITH 12,000,000 WARRANTS ON THE BASIS OF 1 WARRANT FOR EVERY 2 PLACEMENT SHARES SUBSCRIBED (“PRIVATE PLACEMENT”)

Announcement Type: Listing Circular
Company NameIDEAL SUN CITY HOLDINGS BERHAD (ACE Market) 
Stock Name IDEAL  
Date Announced6 May 2014  
CategoryListing Circular
Reference NoNN-140506-58540

LISTING'S CIRCULAR NO. L/Q : 70490 OF 2014

Kindly be advised that IDEAL’s additional 118,003,200 new ordinary shares of RM0.10 each issued pursuant to the Rights Issue and Private Placement will be granted listing and quotation with effect from 9.00 a.m., Thursday, 8 May 2014.

We are also pleased to advise that IDEAL’s 59,001,600 Warrants issued pursuant to the Rights Issue and Private Placement will be admitted to the Official List of the Exchange and the listing and quotation of the Warrants on the ACE Market under the “Technology” sector, will be granted with effect from 9.00 a.m., Thursday, 8 May 2014.

The Stock Number, Stock Short Name and ISIN Code of the Warrants are "0081WA", "IDEAL-WA" and "MYQ0081WATS45" respectively


XINGHE - XINGHE-RECLASSIFICATION OF SECTOR

Announcement Type: Listing Circular
Company NameXINGHE HOLDINGS BERHAD (ACE Market) 
Stock Name XINGHE  
Date Announced6 May 2014  
CategoryListing Circular
Reference NoAJ-140505-58720

LISTING'S CIRCULAR NO. L/Q : 70489 OF 2014

Kindly be advised that XINGHE HOLDINGS BERHAD’s shares will be reclassified from Trading / Services sector to Consumer Products sector with effect from 9.00 a.m., Friday, 9 May 2014.

The Stock Number and Stock Short Name of XINGHE HOLDINGS BERHAD’s shares remain unchanged.


SMRT - Changes in Sub. S-hldr's Int. (29B) - BRAHMAL VASUDEVAN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSMRT HOLDINGS BERHAD (ACE Market) 
Stock Name SMRT  
Date Announced6 May 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140505-45131

Particulars of substantial Securities Holder

NameBRAHMAL VASUDEVAN
AddressLOT 8.02B, 8TH FLOOR, MENARA BRDB
NO 285, JALAN MA'AROF
BUKIT BANDAR RAYA
59000 KUALA LUMPUR
NRIC/Passport No/Company No.681016-10-5461
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holder(1) BRAHMAL VASUDEVAN
LOT 8.02B, 8TH FLOOR, MENARA BRDB, NO 285, JALAN MA'AROF,
BUKIT BANDAR RAYA, 59000 KUALA LUMPUR.

(2) CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB BANK FOR BRAHMAL VASUDEVAN
LEVEL 13, MENARA CIMB,JALAN STESEN SENTRAL 2,
KUALA LUMPUR SENTRAL, 50470 KUALA LUMPUR.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired05/05/2014
1,740,000
 

Circumstances by reason of which change has occurredACQUISITION OF SHARES
Nature of interestDIRECT
Direct (units)12,600,000 
Direct (%)6.62 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change12,600,000
Date of notice06/05/2014


SMRT - Notice of Interest Sub. S-hldr (29A) - BRAHMAL VASUDEVAN

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameSMRT HOLDINGS BERHAD (ACE Market) 
Stock Name SMRT  
Date Announced6 May 2014  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoCC-140505-45047

Particulars of Substantial Securities Holder

NameBRAHMAL VASUDEVAN
AddressLOT 8.02B, 8TH FLOOR, MENARA BRDB
NO 285, JALAN MA'AROF
BUKIT BANDAR RAYA
59000 KUALA LUMPUR
NRIC/Passport No/Company No.681016-10-5461
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holder(1) BRAHMAL VASUDEVAN
LOT 8.02B, 8TH FLOOR, MENARA BRDB, NO 285, JALAN MA'AROF,
BUKIT BANDAR RAYA, 59000 KUALA LUMPUR.

(2) CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB BANK FOR BRAHMAL VASUDEVAN
LEVEL 13, MENARA CIMB,JALAN STESEN SENTRAL 2,
KUALA LUMPUR SENTRAL, 50470 KUALA LUMPUR.

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired02/05/2014
No of securities9,160,000
Circumstances by reason of which Securities Holder has interestACQUISITION OF SHARES
Nature of interestDIRECT
Price Transacted ($$)

Total no of securities after change

Direct (units)10,860,000 
Direct (%)5.71 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice06/05/2014

Remarks :
Registered Holder & Shareholdings :
(1) Brahmal Vasudevan - 9,160,000
(2) CIMSEC Nominess (Tempatan) Sdn Bhd - 1,700,000
CIMB Bank for Brahmal Vasudevan
Total - 10,860,000

The Form 29A was received on 6 May 2014.


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

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced6 May 2014  
CategoryGeneral Announcement
Reference NoMM-140506-65219

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionETI TECH CORPORATION BERHAD (“ETI TECH” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 70,627,200 NEW ORDINARY SHARES OF RM0.10 EACH IN ETI TECH (“ETI TECH SHARE(S)” OR “SHARE(S)”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY, TO INVESTOR(S) TO BE IDENTIFIED AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”)

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcements, where applicable, unless stated otherwise or defined herein.)

Reference is made to the Company’s announcements dated 18 February 2014, 25 February 2014 and 17 April 2014 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of ETI Tech, Public Investment Bank Berhad (“PIVB”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 6 May 2014, approved the listing of and quotation for up to 70,627,200 Placement Shares subject to the following conditions:

(i) ETI Tech and PIVB must fully comply with the relevant provisions under the Bursa Securities Main Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;

(ii) ETI Tech and PIVB to inform Bursa Securities upon the completion of the Proposed Private Placement; and

(iii) ETI Tech to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.

This announcement is dated 6 May 2014.



FRONTKN - Proposed acquisition of 900,000 ordinary shares of RM1.00 each in TTES Team & Specialist Sdn. Bhd. (“TTES”) representing 45% of the issued and paid-up share capital of TTES for a cash consideration of RM11 million (the “Proposed Acquisition”)

Announcement Type: General Announcement
Company NameFRONTKEN CORPORATION BERHAD  
Stock Name FRONTKN  
Date Announced6 May 2014  
CategoryGeneral Announcement
Reference NoCC-140506-60250

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNS-140505-48305
SubjectProposed acquisition of 900,000 ordinary shares of RM1.00 each in TTES Team & Specialist Sdn. Bhd. (“TTES”) representing 45% of the issued and paid-up share capital of TTES for a cash consideration of RM11 million (the “Proposed Acquisition”)
DescriptionFRONTKEN CORPORATION BERHAD (“FCB” or “the Company”)
Proposed acquisition of 900,000 ordinary shares of RM1.00 each in TTES Team & Specialist Sdn. Bhd. (“TTES”) representing 45% of the issued and paid-up share capital of TTES for a cash consideration of RM11 million (the “Proposed Acquisition”)
Query Letter Contents We refer to your announcement dated 30 April 2014 in respect of the above
captioned matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release :-

1. The breakdown between internally generated funds and bank borrowing for the
funding of the purchase consideration.
2. In relation to the effects of the Proposed Acquisition on the gearing of the
Frontken Corporation Berhad Group in section 10(iv) of the announcement, the
amount of bank borrowings assumed to be taken to fund the purchase
consideration.
3. The time and place where the Sale and Purchase Agreement may be inspected.

Kindly furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully


TAN YEW ENG
Vice President, Issuers
Listing Division
Regulation

TYE/NZ
c.c:- General Manager & Head, Market Surveillance Department, Market Oversight
Division, Securities Commission (via fax)

Reference is made to the letter received from Bursa Malaysia Securities Berhad dated 5 May 2014 in relation to the announcement by FCB on 30 April 2014, FCB wishes to provide the following additional information:-

1. Breakdown between internally generated funds and bank borrowing for the funding of the Purchase Consideration

Subject to the licensed financial institution’s approval on our loan application, the Company intends to borrow up to 80% of the Purchase Consideration, i.e., RM8.8 million, and the remaining 20% of the Purchase Consideration or RM2.2 million will be funded by internally generated fund.

2. Amount of bank borrowings assumed to be taken to fund the purchase consideration

Please refer to the answer to Question 1 above.

3. Time and place where the sale and purchase agreement may be inspected

The sale and purchase agreement may be inspected at the registered office of the Company at B-11-10, Level 11, Megan Avenue II, Jalan Yap Kwan Seng, 50450 Kuala Lumpur from Mondays to Fridays from 9am to 5pm for 3 months from 30 April 2014.

This announcement is dated 6 May 2014.



SCH - Changes in Director's Interest (S135) - CHAN WAN CHOON

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSCH GROUP BERHAD (ACE Market) 
Stock Name SCH  
Date Announced6 May 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140506-9E81B

Information Compiled By KLSE

Particulars of Director

NameCHAN WAN CHOON
AddressNo. 20, Jalan Bayu 6
Bukit Gita Bayu Serdang
43300 Seri Kembangan
Selangor Darul Ehsan
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)
Acquired
02/05/2014
5,000
0.225 
Acquired
05/05/2014
100,000
0.225 

Circumstances by reason of which change has occurredPurchase of shares via open market transactions
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)625,000 
Direct (%)0.15 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice05/05/2014

Remarks :
1. The notice was received by the Company on 6 May 2014.

2. The total percentage of shares purchased by Mr Chan Wan Choon was around 0.021% of the total issued and paid up capital of the Company.


FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameFTSE BURSA MALAYSIA KLCI ETF  
Stock Name FBMKLCI-EA  
Date Announced6 May 2014  
CategoryGeneral Announcement
Reference NoFB-140506-6FFC2

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 06 May 2014

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.9008
Units in circulation (units): 1,672,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,860.43

Attachments

FBM KLCI etf 20140506.xls
34 KB



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