Company announcements: HYTEXIN, ABFMY1

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

Announcement Type: General Announcement

Company Name	HYTEX INTEGRATED BERHAD
Stock Name	HYTEXIN
Date Announced	16 Jun 2014
Category	General Announcement
Reference No	CS-140616-54730

Type	Announcement
Subject	PRACTICE NOTE 1 / GUIDANCE NOTE 5 MONTHLY ANNOUNCEMENT
Description	HYTEX INTEGRATED BERHAD ("HIB" OR "THE COMPANY") - Monthly announcement on the status of Default in Payment pursuant to Practice Note 1 ("PN 1") of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities")
Further to the Company’s announcement dated 15 May 2014, the Company wishes to announce that HIB had on 16 May 2014, submitted an application for the extension of the restraining order pursuant to Sections 176(1) and 176(10) of the Companies Act, 1965 (“Act”) which had expired on 30 April 2014 (“RO Extension”). On 19 May 2014, the Court gave an order in terms of the following prayers for United Overseas Bank (Malaysia) Berhad’s (“UOB”) winding-up petition:- (i) both HIB and Hytex Apparels Sdn Bhd (“HASB”) be wound up by the Court; (ii) Heng Ji Keng and Andrew Heng (“Liquidators”) be appointed as Joint and Several Liquidators of both HIB and HASB; and (iii) costs of and incidental to the winding-up be taxed by the proper officer of the Court and paid by the Liquidators out of the assets of both HIB and HASB, collectively referred herein as “UOB Winding-Up Order”. As a result of the UOB Winding-Up Order, Bursa Securities had on 22 May 2014 announced that the trading of HIB shares will be suspended with effect from 9.00 a.m., Friday, 30 May 2014 pursuant to Paragraph 16.02(1)(j) of the Main Market Listing Requirements (“Listing Requirements”) of Bursa Securities. The application for the RO Extension was withdrawn on 23 May 2014 and an application for a stay of the UOB Winding-Up Order pursuant to Section 243 of the Act (“Application For Stay”) was submitted on even date and the hearing date of the UOB Winding-Up Order was fixed on 28 May 2014. On 28 May 2014, the solicitor for UOB had requested for a postponement of the said hearing from the Court as UOB wanted to file an Affidavit of Reply and the Court had fixed that the Affidavit of Reply to be filed to the Court by 4 June 2014. The Court had further requested and directed the following:- (i) the Directors and Shareholders of the Company to serve the Liquidators; (ii) the Liquidators to file an Affidavit of Reply by 6 June 2014; and (iii) the Directors and Shareholders to reply both Affidavits of Reply by UOB and the Liquidators by 9 June 2014. Pursuant to the above, the hearing date for all the aforesaid matters and affidavits has been fixed on 12 June 2014. The trading of the Company’s securities remain suspended pursuant to Paragraph 16.02(1)(j) of the Listing Requirements. The Liquidators of the Company, namely Heng Ji Keng filed in an Affidavit in Reply dated 6 June 2014 and the Directors and Shareholders of the Company have accordingly filed in their Affidavit in Reply dated 9 June 2014. On 12 June 2014, Messrs Dennis Nik & Wong, being the solicitors for the Liquidators had applied for postponement to file a reply to the HIB’s Directors and Shareholders' Affidavits. The Court had directed all parties to exhaust the filing of all Affidavits, including Directors and Shareholder, if any latest by 19 June 2014. The Court has postponed the hearing date of the Application for Stay of the Winding Up Order to 23 June 2014. Save for the above, the Company wishes to announce that there has been no material development on the status of defaults as at the date of this announcement and the Company will announce further developments on the above matter in due course. This announcement is dated 16 June 2014.

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ABFMY1 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement

Company Name	ABF MALAYSIA BOND INDEX FUND
Stock Name	ABFMY1
Date Announced	17 Jun 2014
Category	General Announcement
Reference No	AM-140617-722CE

Type	Announcement
Subject	NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description	ABF Malaysia Bond Index Fund - Valuation Point as at 16-06-2014
Fund: ABF Malaysia Bond Index Fund NAV per unit (RM): 1.0789 Units in circulation (units): 647,421,800 Manager's Fee (% p.a.): 0.10 Trustee's Fee (% p.a.): 0.07 License Fee (% p.a.): 0.018 iBoxx ABF Malaysia Index: 1.4618 Issue Price (RM): 1.08 (rounded to nearest Sen)

Attachments ABF Valuation Point as at 16 June 2014.xls 28 KB

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