HYTEXIN - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Company Name | HYTEX INTEGRATED BERHAD |
Stock Name | HYTEXIN |
Date Announced | 8 Jul 2014 |
Category | General Announcement |
Reference No | CS-140708-67986 |
Type | Announcement |
Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
Description | HYTEX INTEGRATED BERHAD (“HIB” OR “THE COMPANY”) - PETITION BY HONG LEONG BANK BERHAD ("HLBB” OR “PETITIONER") SERVED ON WOC BOUTIQUE SDN. BHD. ("WOC"), A WHOLLY-OWNED SUBSIDIARY OF HIB (“PETITION”) |
The Company wishes to inform that HIB and its subsidiary, WOC had received the petition for winding-up. The details of the Petition are as follows: 1. Date of the presentation of the winding-up petition and the date the winding-up petition was served The winding-up petition against WOC was presented via the High Court of Malaya at Kuala Lumpur (“Court”), Winding-up No. 28NCC-519-07/2014 on 4 July 2014 by the Petitioner and a copy was served to the Company on 8 July 2014 from Messrs. Skrine, being the solicitors for the Petitioner. The Court had fixed the case management on 18 July 2014 and the hearing date for the winding-up petition is fixed on 4 September 2014. 2. Particulars of the claim under the winding-up petitions, including the amount claimed for under the winding-up petition and the interest rate The Petitioner's claims are as below:- (i) the sum of RM2,160,338.80, being the amount due and owing by WOC to HLBB as at 20 May 2014 pursuant to a Judgement obtained by HLBB against WOC dated 27 March 2012 in respect of Kuala Lumpur High Court Suit No. 22NNCC-2039-12/2011; and (ii) interest on the sum of RM1,785,003.80 at the rate of 3.50% per annum + HLBB’s Base Lending Rate (“BLR”) which is 6.60% per annum as at 26 July 2011 (and such BLR which may be determined by HLBB from time to time) on monthly rest from 21 May 2014 to the date of full and final settlements. 3. Details of the default or circumstances leading to the filing of the winding-up petition against the Company and its subsidiary The filing of the Petition is pursuant to a Judgment obtained by HLBB against WOC dated 27 March 2012 in respect of Kuala Lumpur High Court Suit No. 22NNCC-2039-12/2011. 4. Confirmation as to whether the subsidiary is a major subsidiary WOC is not a major subsidiary of HIB. 5. Total cost of investment in the subsidiary The total cost of investment is RM 400,000.00. 6. Financial and operational impact of the winding-up petition on the Group (i) there is no material operational impact arising from the winding-up petition; and (ii) the financial impact resulting from the winding-up petition will be the expected losses arising from the litigation as mentioned in Section 2 above. 7. Expected losses, if any, arising from the winding-up petition Save for the amount claimed under Section 2 above, the Company is not expected to incur any further losses from the winding-up petition. 8. Steps taken or proposed to be taken in respect of the winding-up petition WOC is seeking for necessary legal advice to resolve and/or defend against this matter. Further development of the above matter will be made to Bursa Malaysia Securities Berhad as and when necessary. This announcement is dated 8 July 2014. |
SMRT - Additional Listing Announcement
Company Name | SMRT HOLDINGS BERHAD (ACE Market) |
Stock Name | SMRT |
Date Announced | 9 Jul 2014 |
Category | Additional Listing Announcement (ALA) |
Reference No | CC-140707-2F948 |
1. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | ESOS |
Details of corporate proposal | Employee Share Option Scheme of up to 20% of the issued and paid-up share capital of SMRT at any point in time for the Eligible Employees of the SMRT Group in accordance with the provisions of the By-Laws |
No. of shares issued under this corporate proposal | 50,000 |
Issue price per share ($$) | MYR 0.221 |
Par Value ($$) | MYR 0.100 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 204,091,454 |
Currency | MYR 20,409,145.400 |
Listing Date | 10/07/2014 |
IJACOBS - Additional Listing Announcement
Company Name | IDEAL JACOBS (MALAYSIA) CORPORATION BHD (ACE Market) |
Stock Name | IJACOBS |
Date Announced | 9 Jul 2014 |
Category | Additional Listing Announcement (ALA) |
Reference No | CC-140708-D5F05 |
Admission Sponsor | MIDF Amanah Investment Bank Bhd |
Sponsor | M&A Securities Sdn Bhd |
1. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | ESOS |
Details of corporate proposal | EMPLOYEES' SHARE OPTION SCHEME |
No. of shares issued under this corporate proposal | 7,496,000 |
Issue price per share ($$) | MYR 0.210 |
Par Value ($$) | MYR 0.100 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 127,697,000 |
Currency | MYR 12,769,700.000 |
Listing Date | 10/07/2014 |
ABFMY1 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | ABF MALAYSIA BOND INDEX FUND |
Stock Name | ABFMY1 |
Date Announced | 9 Jul 2014 |
Category | General Announcement |
Reference No | AM-140709-61D89 |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | ABF Malaysia Bond Index Fund - Valuation Point as at 08-07-2014 |
Fund: ABF Malaysia Bond Index Fund |
MAYBANK - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD
Company Name | MALAYAN BANKING BERHAD |
Stock Name | MAYBANK |
Date Announced | 9 Jul 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | MB-140709-37294 |
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 | MALAYSIAN |
Descriptions (Class & nominal value) | ORDINARY |
Name & address of registered holder | 1) EMPLOYEES PROVIDENT FUND BOARD TINGKAT 19 BANGUNAN KWSP JALAN RAJA LAUT 50350 KUALA LUMPUR 2) CITIBANK NOMINEES (TEMPATAN) SDN BHD LEVEL 42 MENARA CITIBANK 165 JALAN AMPANG 50350 KUALA LUMPUR |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 04/07/2014 | 1,025,400 |
Remarks : |
1) The notice was received by Maybank Berhad on 9 July 2014. |
TROP - Additional Listing Announcement
Company Name | TROPICANA CORPORATION BERHAD |
Stock Name | TROP |
Date Announced | 9 Jul 2014 |
Category | Additional Listing Announcement (ALA) |
Reference No | TC-140708-76996 |
1. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | ESOS |
Details of corporate proposal | Employee Share Option Scheme |
No. of shares issued under this corporate proposal | 145,200 |
Issue price per share ($$) | MYR 1.000 |
Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 1,392,386,022 |
Currency | MYR 1,392,386,022.000 |
Listing Date | 10/07/2014 |
2. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | ESOS |
Details of corporate proposal | Employee Share Option |
No. of shares issued under this corporate proposal | 20,000 |
Issue price per share ($$) | MYR 1.320 |
Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 1,392,406,022 |
Currency | MYR 1,392,406,022.000 |
Listing Date | 10/07/2014 |
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