EFORCE - OTHERS PROPOSED INVESTMENT IN WINVEST GLOBAL SDN. BHD.
Announcement Type: General Announcement
| Company Name | EXCEL FORCE MSC BERHAD |
| Stock Name | EFORCE |
| Date Announced | 4 Jul 2014 |
| Category | General Announcement |
| Reference No | CC-140704-64118 |
| Type | Announcement |
| Subject | OTHERS |
| Description | PROPOSED INVESTMENT IN WINVEST GLOBAL SDN. BHD. |
Reference is made to the article appeared on page 16 in Focus Malaysia today in relation to proposed acquisition of Winvest Global Sdn. Bhd. (“Winvest”) by Excel Force MSC Berhad (“EForce” or “the Company”). The Board of Directors of EForce wishes to announce that EForce is currently evaluating a proposed investment in Winvest. Currently, as terms of investment, the Company is in the midst of evaluating the proposed investment, the consideration and the percentage of equity participation are yet to be finalised for the time being. Upon finalization of the investment, the Company will make the necessary announcement accordingly. Winvest was incorporated in Malaysia on 28 June 2013 with an existing paid-up capital of RM2.00 comprising 2 ordinary shares of RM1.00 each. Winvest is principally engaged in provision of investment education and training services to investors. There is a synergy in the proposed investment in Winvest whereby EForce will ride on the existing clientele of the Company to promote the educational courses and investor related courses conducted by Winvest. None of the Directors and/or major shareholders of EForce and/or persons connected to them have any interest, direct or indirect, in the above proposed investment under evaluation. The Board of Directors of EForce is of the opinion that the said investment is in the best interest of the Company. This announcement is dated 4th July 2014.
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DRBHCOM - OTHERS DRB-HICOM BERHAD (“DRB-HICOM” OR “COMPANY”) PROPOSED DISPOSAL BY UNI.ASIA CAPITAL SDN BHD (“UAC”), A 51%-OWNED SUBSIDIARY OF GADEK (MALAYSIA) BERHAD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF DRB-HICOM, OF ITS ENTIRE EQUITY INTEREST IN UNI.ASIA GENERAL INSURANCE BERHAD (“UAG”) OF APPROXIMATELY 68.1% (“PROPOSED DISPOSAL”)
Announcement Type: General Announcement
| Company Name | DRB-HICOM BERHAD |
| Stock Name | DRBHCOM |
| Date Announced | 4 Jul 2014 |
| Category | General Announcement |
| Reference No | MM-140704-61207 |
| Type | Announcement |
| Subject | OTHERS |
| Description | DRB-HICOM BERHAD (“DRB-HICOM” OR “COMPANY”) PROPOSED DISPOSAL BY UNI.ASIA CAPITAL SDN BHD (“UAC”), A 51%-OWNED SUBSIDIARY OF GADEK (MALAYSIA) BERHAD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF DRB-HICOM, OF ITS ENTIRE EQUITY INTEREST IN UNI.ASIA GENERAL INSURANCE BERHAD (“UAG”) OF APPROXIMATELY 68.1% (“PROPOSED DISPOSAL”) |
We refer to the announcement dated 18 February 2014 where it was announced that UAC had submitted an application to Bank Negara Malaysia (“BNM”) for the approval of the Minister of Finance (“MoF”) pursuant to the Financial Services Act, 2013, to review a proposal for UAC to enter into a sale and purchase agreement with Liberty UK and Europe Holdings Limited (“Liberty UK”) for the Proposed Disposal to Liberty UK. Liberty UK has subsequently identified its subsidiary, Liberty Seguros, Compania de Seguros y Reaseguros, S.A. (“Liberty Seguros”) as the acquisition entity for the Proposed Disposal. On behalf of the Company, CIMB Investment Bank Berhad wishes to announce that the MoF through BNM had, via its letter dated 3 July 2014 (which was received on 4 July 2014), approved the Proposed Disposal to Liberty Seguros. As the Proposed Disposal to Liberty Seguros is subject to, among others, the execution of the sale and purchase agreement at a later date, further details will be announced in due course. This announcement is dated 4 July 2014.
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SIME - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
| Company Name | SIME DARBY BERHAD |
| Stock Name | SIME |
| Date Announced | 4 Jul 2014 |
| Category | General Announcement |
| Reference No | SD-140704-41910 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | Disposal of a Parcel of Freehold Land measuring approximately 135 acres to Eastern & Oriental Express Sdn Bhd |
Sime Darby Berhad (Sime Darby) is pleased to announce that Sime Darby Elmina Development Sdn Bhd (SDED), a wholly-owned subsidiary of Sime Darby Property Berhad, which in turn is a wholly-owned subsidiary of Sime Darby, has on 4 July 2014, entered into a Sale and Purchase Agreement with Eastern & Oriental Express Sdn Bhd (E&OE), a wholly-owned subsidiary of E&O Property Development Berhad, which in turn is a wholly-owned subsidiary of Eastern & Oriental Berhad (E&O), and E&O, for the disposal of freehold land with an aggregate gross area of approximately 135 acres by SDED to E&OE, for a total cash consideration of RM239,800,000.00. Please refer to the attachments for details of the announcement and the press release. This announcement is dated 4 July 2014.
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PETONE - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | PETROL ONE RESOURCES BERHAD |
| Stock Name | PETONE |
| Date Announced | 4 Jul 2014 |
| Category | Change in Boardroom |
| Reference No | CS-140704-D6C47 |
| Date of change | 04/07/2014 |
| Name | Najmi Dawami Bin Abdul Hamid @ Mohd Akib |
| Age | 38 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Director |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Law (Honors) from International Islamic University Malaysia |
| Working experience and occupation | Encik Najmi currently is a Partner at Messrs ND Hamid & Associates. He was a legal assistant with Messrs. Soffian & Co. Kemaman Terengganu and Messrs. Fariz Halim & Co. Keman Terengganu from year 2001 to 2008. Encik Najmi formed a partnership under the name of Messrs. Hanif @ Najmi in Kuala Lumpur in year 2008 and was a Partner at Messrs. Syed Paul & Co. in Kuala Lumpur in year 2009. He joined as partner at Messrs. ND Hamid & Associates in year 2010 till present. |
| Directorship of public companies (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
| Remarks : |
| Gender: Male Encik Najmi Dawami Bin Abdul Hamid @ Mohd Akib is appointed as Independent Non-Executive Director of the Company pursuant to Section 176 (10A) of the Companies Act, 1965. |
ASIABRN - Annual Audited Accounts - 31 March 2014
Announcement Type: PDF Submission
| Company Name | ASIA BRANDS BERHAD |
| Stock Name | ASIABRN |
| Date Announced | 4 Jul 2014 |
| Category | PDF Submission |
| Reference No | CS-140704-62241 |
| Subject | Annual Audited Accounts - 31 March 2014 |
MAXTRAL - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
| Company Name | MAXTRAL INDUSTRY BERHAD |
| Stock Name | MAXTRAL |
| Date Announced | 4 Jul 2014 |
| Category | General Announcement |
| Reference No | CC-140704-59785 |
| Type | Announcement |
| Subject | PRACTICE NOTE 1 / GUIDANCE NOTE 5 MONTHLY ANNOUNCEMENT |
| Description | MONTHLY UPDATE ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE ("PN1") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
We refer to our announcements dated 14 November 2012, 10 December 2012, 3 January 2013, 5 February 2013, 8 March 2013, 2 April 2013, 6 May 2013, 4 June 2013, 1 July 2013, 5 August 2013, 3 September 2013, 1 October 2013, 1 November 2013, 6 December 2013, 8 January 2014, 28 January 2014, 5 March 2014, 1 April 2014, 2 May 2014 and 3 June 2014.
In compliance with paragraph 3.2 of PN1, the Board of Directors of Maxtral Industry Berhad wishes to inform that there has been no material development on the status as announced previously. This announcement is dated 3 June 2014. | |
MAXTRAL - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
| Company Name | MAXTRAL INDUSTRY BERHAD |
| Stock Name | MAXTRAL |
| Date Announced | 4 Jul 2014 |
| Category | General Announcement |
| Reference No | CC-140704-60363 |
| Type | Announcement |
| Subject | PRACTICE NOTE 1 / GUIDANCE NOTE 5 MONTHLY ANNOUNCEMENT |
| Description | MONTHLY UPDATE ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PRACTICE NOTE 1 ("PN1") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
We refer to our announcements dated 28 December 2012, 3 January 2013, 5 February 2013, 8 March 2013, 2 April 2013, 6 May 2013, 4 June 2013, 1 July 2013, 5 August 2013, 3 September 2013, 1 October 2013, 1 November 2013, 6 December 2013, 8 January 2014, 5 March 2014, 1 April 2014, 2 May 2014 and 3 June 2014.
In compliance with paragraph 3.2 of PN1, the Board of Directors of Maxtral Industry Berhad wishes to inform that there has been no material development on the status announced previously. This announcement is dated 4 July 2014. | |
MAXTRAL - PRACTICE NOTE 17 / GUIDANCE NOTE 3:MONTHLY ANNOUNCEMENT
Announcement Type: General Announcement
| Company Name | MAXTRAL INDUSTRY BERHAD |
| Stock Name | MAXTRAL |
| Date Announced | 4 Jul 2014 |
| Category | General Announcement |
| Reference No | CC-140704-60769 |
| Type | Announcement | |||||||||||||||||||||||||||||||||||
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT | |||||||||||||||||||||||||||||||||||
| Description | MONTHLY UPDATE PURSUANT TO PRACTICE NOTE 17 ("PN17") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA BERHAD | |||||||||||||||||||||||||||||||||||
We refer to our announcements dated 21 December 2012, 3 January 2013, 5 February 2013, 8 March 2013, 2 April 2013, 6 May 2013, 4 June 2013, 1 July 2013, 5 August 2013, 3 September 2013, 1 October 2013, 1 November 2013, 6 December 2013, 20 December 2013, 23 December 2013, 8 January 2014, 28 January 2014, 5 March 2014, 1 April 2014, 14 April 2014, 2 May 2014 and 3 June 2014. The Board of Directors of Maxtral Industry Berhad ("Maxtral" or the "Company") wishes to inform that the Company had on 20 December 2013 submitted an application to Bursa Malaysia Berhad ("Bursa Securities") for an extension of time ("Application") to submit its Regularisation Plan to the Securities Commission or Bursa Securities (as the case may be). The Company was required to submit its Regularisation Plan on or before 22 December 2013. The Company was further informed by Bursa Malaysia Berhad by its letter dated 23 December 2013 that the suspension on the trading of the Company's securities and de-listing of the Company in accordance with Paragraph 8.04(5) of the Main Market Listing Requirements shall be deferred pending decision on the Application. On 19 February 2014, Bursa Malaysia Berhad informed the Company by letter that the Application, after due consideration of all facts and circumstances of the matter, was rejected. The Company was informed that the trading in the securities of the Company will remain suspended until further notice and the securities of the Company will be de-listed on 3 March 2014 unless an appeal against the de-lisitng is submitted to Bursa Malaysia Securities on or before 26 February 2014 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities. In response to the above decline, the Company had on 26 February 2014 submitted an appeal to Bursa Securities ("Appeal") for the de-lisitng of the securities of Maxtral and its decision in declining the Company's Application for extension for time in submitting the Regularisation Plan. On 11 April 2014, the Company received a reply from Bursa Securities. After due consideration of all facts and circumstances of the case including the written and oral representations of the Company and the following:- - AmInvestment Bank Berhad had been appointed as the principal adviser for the Company's proposed regularisation plan on 17 March 2014; and - Subsequent to the termination of the Company's earlier regularisation plan involving NEP Holdings (Malaysia) Berhad and Fenghua Construction Engineering Co Ltd in January and March 2014 respectively, the Company had managed to secure a new white knight i.e. Bountiful Returns Sdn Bhd ("Bountiful") and had received conditional letters of offers dated 201 March 2014 from Bountiful for the supply of timber logs and leasing of a factory. Bursa Securities has decided to grant Maxtral an extension of time until 31 July 2014 as requested to submit the Regularisation Plan to the relevant authorities for approval ("the Extended Timeframe"). Bursa Securities further decided to de-list the securities of the Company from the Official List of Bursa Securities pursuant to paragraph 8.04 of the Main Market Listing Requirement in the event:- (i) the Company fails to submit the Regularisation Plan to the relevant authorities for approval within the Extended Timeframe; (ii) the Company fails to obtain the approval for the implementation of its Regularisation Plan and does not appeal within the timeframe (or extended timeframe, as the case may be) prescribed to lodge an appeal; (iii) the Company does not succeed in its appeal; or (iv) the Company fails to implement it Regularisation Plan within the timeframe or extended timeframe stipulated by the relevant authorities. Upon occurrence of any of the events set out in (i) to (iv) above, the securities of the Company shall be removed from the Official List of Bursa Securities upon the expiry of two (2) market days from the date the Company is notified by Bursa Securities or such other date may be specified by Bursa Securities. In arriving at the aforesaid decision to de-list the Company upon occurrence of any of the events set out in (i) to (iv), Bursa Securities had considered, amongst others the following factors:- (1) Maxtral had failed to regularise the Company's financial condition in accordance with paragraph 8.04 of the Main Market Listing Requirements and PN17; (2) The Company had started making losses since financial year ended 31 December 2010 and the financial results of Maxtral for the past three (3) financial years ended ("FYE") 31 December 2010 to 31 December 2012 and the Company's latest quarterly report for the financial period ended 31 December 2014 (4th Quarter 2013) as follows:
(3) All PN17 companies are required to regularise their financial condition and level of operations expeditiously within the timeframes prescribed in paragraph 8.04 of the Main Market Listing Requirements and PN17 or extended timeframe as may be granted by Bursa Securities; (4) The requirement for companies to have an adequate level of financial condition and level of operations serves to ensure that companies listed on the Official List are of a certain minimum quality. Companies that have a minimum level financial condition and level of operations serve to preserve and sustain market integrity and investors' confidence; and (5) In the opinion of Bursa Securities, adequate time and opportunity had been accorded to Maxtral to regularise the Company's financial condition since Maxtral's First Announcement on 21 December 2012. This announcement is dated 4 July 2014. | ||||||||||||||||||||||||||||||||||||
BONIA - Changes in Director's Interest (S135) - Chiang Sang Bon
Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
| Company Name | BONIA CORPORATION BERHAD |
| Stock Name | BONIA |
| Date Announced | 4 Jul 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | BC-140704-A54B0 |
Information Compiled By KLSE
Particulars of Director
| Name | Chiang Sang Bon |
| Address | 33, Jalan 9/105 Taman Midah, Cheras 56000 Kuala Lumpur |
| Descriptions(Class & nominal value) | Ordinary Shares of RM0.50 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Transferred | 701,900 |
| Circumstances by reason of which change has occurred | The 701,900 shares were transferred under direct interest from his brother |
| Nature of interest | Direct Interest |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 851,900 |
| Direct (%) | 0.4235 |
| Indirect/deemed interest (units) | 9,000 |
| Indirect/deemed interest (%) | 0.004 |
| Date of notice | 04/07/2014 |
| Remarks : |
| (1) Deemed interest are shares held through his spouse and child. (2) The above transfer representing 0.3490% of the adjusted issued shares (excluding 451,400 treasury shares) of the Company. (3) This announcement serves as an announcement pursuant to Paragraph 14.09 of the Main Market Listing Requirements. |
RCECAP - Notice of Shares Buy Back - Immediate Announcement
Announcement Type: Notice of Shares Buy Back - Immediate Announcement
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 4 Jul 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | RC-140704-61763 |
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