NETX - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
Company Name | NETX HOLDINGS BERHAD (ACE Market) |
Stock Name | NETX |
Date Announced | 16 Jul 2014 |
Category | General Announcement |
Reference No | CA-140716-5CB58 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | RELATED PARTY TRANSACTION – RECEIPTS OF LEGAL SERVICES PROVIDED BY A RELATED PARTY |
NetX Holdings Berhad (formerly known as Ariantec Global Berhad) ("NetX") wishes to announce that its wholly owned subsidiary company, Ariantec Sdn Bhd ("ASB") engaged the services of Messrs Lim Chong Phang & Amy (“Firm”), a legal firm which Mr. Chong Loong Men, an Independent Director of the Company is a partner of the Firm, since the second half of year 2013. The services provided by the Firm are relating to provision of legal advisory and legal works ("Related Party Transactions") relating to legal cases involving ASB (Kuala Lumpur High Court Suit No. 22NCC-674-12/2013), the status announcement of which have been announced by NetX from time to time.
To-date, the total professional fees paid to the Firm in relation to the Related Party Transactions is RM135,000.
This announcement is made in accordance with Paragraph 10.08 of Bursa Securities Malaysia Berhad ACE Market Listing Requirements (“LR”) as the aggregation of the Related Party Transactions under the rule of Paragraph 10.12 of the LR has in total exceeded 0.25% but less than 5% of the percentage ratios specified in the LR.
FINANCIAL EFFECTS
INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND PERSONS CONNECTED TO THEM
Save for Mr. Chong Loong Men, a director of NetX and a partner of the Firm, none of the Directors and/or major shareholders and/or persons connected to the Directors and/or the major shareholders of the Company has any interest, direct and indirect, in the Related Party Transactions.
Accordingly, the interested directors, namely, Mr. Chong Loong Men has abstained from deliberation and decision on the resolution in relation to the Related Party Transactions and fees relating to the Related Party Transactions .
STATEMENT BY THE AUDIT COMMITTEE
The Audit Committee of NetX (save for Mr. Chong Loong Men, who abstained from deliberation and decision), after taking into consideration the extend of the work provided and the general market rate on similar services, is of the opinion that the fees relating to Related Party Transactions are fair, reasonable and on normal commercial terms, in the best interest of the Company and not detrimental to the interest of the minority shareholders.
STATEMENTS BY DIRECTORS
This announcement is dated 16 July 2014.
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NETX - Changes in Sub. S-hldr's Int. (29B) - Metronic Global Berhad
Company Name | NETX HOLDINGS BERHAD (ACE Market) |
Stock Name | NETX |
Date Announced | 16 Jul 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CA-140716-22F17 |
Particulars of substantial Securities Holder
Name | Metronic Global Berhad |
Address | No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur |
NRIC/Passport No/Company No. | 632068-V |
Nationality/Country of incorporation | MALAYSIA |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.10 each |
Name & address of registered holder | Metronic Global Berhad No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 14/07/2014 | 9,340,900 |
MTRONIC - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Company Name | METRONIC GLOBAL BERHAD |
Stock Name | MTRONIC |
Date Announced | 16 Jul 2014 |
Category | General Announcement |
Reference No | CC-140716-62B70 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | METRONIC GLOBAL BERHAD ("Metronic") - DISPOSAL OF QUOTED SECURITIES |
Pursuant to Paragraph 9.20 of the Bursa Securities Main Market Listing Requirements, Metronic wishes to announce that as at 14 July 2014, the aggregate value of securities disposed by Metronic from 4 July 2014 to 14 July 2014 amounted to RM2,423,989 which represents 5.49% of Metronic Group’s audited net assets as at 31 December 2013. As at 14 July 2014, the investments in quoted securities held by Metronic are set out below:- i) Total Cost : RM11,539,408 ii) Book Value : RM7,855,763 iii) Market Value : RM7,855,763 iv) Profit arising from sales in quoted securities during the current financial year is RM801,281.33. This announcement is dated 16 July 2014. |
EFORCE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | EXCEL FORCE MSC BERHAD |
Stock Name | EFORCE |
Date Announced | 16 Jul 2014 |
Category | General Announcement |
Reference No | CC-140714-64639 |
Type | Announcement |
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD |
Description | Pursuant to Paragraph 14.09(a) of Chapter 14 of the Listing Requirements of Bursa Malaysia Securities Berhad for Main Market, this is to notify that the Company has received notification from the Directors of the Company, Mr. Wang Kuen-Chung @ Jeff Wang and Ms. Sun Chin-Chuan @ Sharon Sun in relation to their indirect interests on the disposal of the Company's shares by Exacta Co. Ltd. outside the closed period as stated as below:- 1) Date of dealing - 10.7.2014 2) No. of ordinary shares of RM0.10 each disposed - 3,800,000 (indirect interest) 3) % of issued share capital - 1.84 4) Transaction - Disposal via private arrangement 5) Consideration per share - RM0.88 This announcement is dated 16.7.2014. |
VSOLAR - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
Company Name | VSOLAR GROUP BERHAD (ACE Market) |
Stock Name | VSOLAR |
Date Announced | 16 Jul 2014 |
Category | General Announcement |
Reference No | OS-140716-61158 |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | VSOLAR GROUP BERHAD (FORMERLY KNOWN AS FAST TRACK SOLUTION HOLDINGS BERHAD) (“VSOLAR” OR “THE COMPANY”) PRIVATE PLACEMENT OF UP TO 25,624,500 NEW ORDINARY SHARES OF RM0.10 EACH IN FASTRAK TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED (“PRIVATE PLACEMENT”) |
Unless
otherwise defined in this announcement, all terms used herein shall have the
same meaning as those defined in the earlier announcements. On behalf of the Board of Directors of Vsolar, M&A
Securities Sdn Bhd (“M&A Securities”) is pleased to announce that the
Company has fixed the issue price at RM0.12 per Placement Share to be issued
pursuant to the Private Placement. The aforementioned issue price of RM0.12 per Placement
Share represents a discount of approximately RM0.0079 or 6.18% from the five
(5)-day weighted average market price of Vsolar from 8 July 2014 to 14 July
2014 of approximately RM0.1279 per share. This announcement is dated 16 July 2014. |
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | FTSE BURSA MALAYSIA KLCI ETF |
Stock Name | FBMKLCI-EA |
Date Announced | 16 Jul 2014 |
Category | General Announcement |
Reference No | FB-140716-5D822 |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | FTSE Bursa Malaysia KLCI etf - Valuation Point as at 16 July 2014 |
Fund: FTSE Bursa Malaysia KLCI etf |
TEBRAU - TEBRAU-CHANGE OF NAME
Company Name | TEBRAU TEGUH BERHAD |
Stock Name | TEBRAU |
Date Announced | 16 Jul 2014 |
Category | Listing Circular |
Reference No | BL-140714-51315 |
LISTING'S CIRCULAR NO. L/Q : 71093 OF 2014
Kindly be advised that the aforesaid Company has changed its name to "Iskandar Waterfront City Berhad". As such, the Company's shares will be traded and quoted under the new name with effect from 9.00 a.m., Friday, 18 July 2014.
The Stock Short Name will be changed as follow:
| New Stock Short Name |
TEBRAU | IWCITY |
- The Company's Stock Number remains unchanged.
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”)
Company Name | DRB-HICOM BERHAD |
Stock Name | DRBHCOM |
Date Announced | 16 Jul 2014 |
Category | General Announcement |
Reference No | MM-140716-61759 |
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 announcements dated 18 February 2014 and 4 July 2014 in relation to the Proposed Disposal. On behalf of the Company, CIMB Investment Bank Berhad wishes to announce that following the approval of the Minister of Finance (through the letter dated 3 July 2014 from Bank Negara Malaysia), UAC had on 16 July 2014 entered into a sale and purchase agreement with Liberty Seguros, Compania de Seguros y Reaseguros, S.A. in relation to the Proposed Disposal. The Proposed Disposal was completed on the same day. The details on the Proposed Disposal are set out in the attachment. This announcement is dated 16 July 2014. |
UMCCA - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management Sdn Bhd
Company Name | UNITED MALACCA BERHAD |
Stock Name | UMCCA |
Date Announced | 16 Jul 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | UM-140716-54355 |
Particulars of substantial Securities Holder
Name | Aberdeen Asset Management Sdn Bhd |
Address | Suite 1005, 10th Floor, Wisma Hamzah-Kwong Hing, No. 1, Leboh Ampang 50100 Kuala Lumpur |
NRIC/Passport No/Company No. | 690313-D |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
Name & address of registered holder | AMMB Nominees (Tempatan) Sdn Bhd - 1,273,900 Citibank - Berhad - 4,840,000 Citibank - Malaysia - 6,599,800 Malayan Banking Berhad - 864,300 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 10/07/2014 | 2,800 |
Remarks : |
Received notice on 16 July 2014 |
UMCCA - Changes in Sub. S-hldr's Int. (29B) - Aberdeen Asset Management PLC and its subsidiaries ("The Group")
Company Name | UNITED MALACCA BERHAD |
Stock Name | UMCCA |
Date Announced | 16 Jul 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | UM-140716-54599 |
Particulars of substantial Securities Holder
Name | Aberdeen Asset Management PLC and its subsidiaries ("The Group") |
Address | 10 Queen's Terrace, Aberdeen, AB10 1YG, Scotland |
NRIC/Passport No/Company No. | 82015 |
Nationality/Country of incorporation | Scotland |
Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
Name & address of registered holder | Aberdeen Asset Management Asia Limited - 16,050,950 21 Church Street #01-01 Capital Square Two Singapore 049480 Aberdeen Asset Management Inc. - 702,700 103 Springer Building, 3411 Silverside Road, Wilmington, Delaware 19810 USA Aberdeen Asset Management Sdn Bhd - 13,578,000 Suite 1005, 10th Floor, Wisma Hamzah-Kwong Hing, No. 1, Leboh Ampang 50100 Kuala Lumpur Aberdeen Islamic Asset Management Sdn Bhd - 70,200 Suite 1005, 10th Floor, Wisma Hamzah-Kwong Hing, No. 1, Leboh Ampang 50100 Kuala Lumpur Aberdeen International Fund Managers Limited - 11,040,250 Rm 2605-06, 26/F Alexandra House 18 Chater Road, Central, Hongkong |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 10/07/2014 | 2,800 |
Remarks : |
Received notice on 16 July 2014 |
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