July 7, 2014

Company announcements: REDTONE, MLAB, N2N, MYETFDJ

REDTONE - Changes in Sub. S-hldr's Int. (29B) - Berjaya Group Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced7 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-140707-DF6AE

Particulars of substantial Securities Holder

NameBerjaya Group Berhad
AddressLot 13-01A Level 13 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.7308-X
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderBERJAYA PHILIPPINES INC. ("BPI")
9F, RUFINO PACIFIC TOWER
6784 AYALA AVE, CORNER
V.A. RUFINO STREET,
1200 MAKATI CITY, PHILIPPINES

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/07/2014
1,500,000
 

Circumstances by reason of which change has occurredDeemed interested by virtue of our deemed interest in Berjaya Land Berhad, the intermediate holding
company of BPI.
- Acquired via open market.
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)64,000,800 
Indirect/deemed interest (%)12.63 
Total no of securities after change64,000,800
Date of notice07/07/2014

Remarks :
The transactions were made between 2 July 2014 and 4 July 2014.

The Form 29B was received by the Company on 7 July 2014.


REDTONE - Changes in Sub. S-hldr's Int. (29B) - Berjaya Corporation Berhad

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced7 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-140707-DF6AD

Particulars of substantial Securities Holder

NameBerjaya Corporation Berhad
AddressLot 13-01A Level 13 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.554790-X
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderBERJAYA PHILIPPINES INC. ("BPI")
9F, RUFINO PACIFIC TOWER
6784 AYALA AVE, CORNER
V.A. RUFINO STREET,
1200 MAKATI CITY, PHILIPPINES

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/07/2014
1,500,000
 

Circumstances by reason of which change has occurredDeemed interested by virtue of our 100% equity interest in Berjaya Group Berhad, the intermediate holding company of BPI.
- Acquired via open market.
Nature of interestIndirect
Direct (units)
Direct (%)
Indirect/deemed interest (units)64,000,800 
Indirect/deemed interest (%)12.63 
Total no of securities after change64,000,800
Date of notice07/07/2014

Remarks :
The transactions were made between 2 July 2014 and 4 July 2014.

The Form 29B was received by the Company on 7 July 2014.


REDTONE - Changes in Sub. S-hldr's Int. (29B) - Juara Sejati Sdn Bhd

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced7 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-140707-D7DAA

Particulars of substantial Securities Holder

NameJuara Sejati Sdn Bhd
AddressLot 13-01A Level 13 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.185618-M
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderBERJAYA PHILIPPINES INC. ("BPI")
9F, Rufino Pacific Tower
6784 Ayala Ave, Corner
V.A. Rufino Street, 1200
Makati City, Philippines

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/07/2014
1,500,000
 

Circumstances by reason of which change has occurredDeemed interested by virtue of our interest in Berjaya Land Berhad, the intermediate holding company of BPI.
- Acquired via open market.
Nature of interestIndirect
Direct (units)23,025,000 
Direct (%)4.54 
Indirect/deemed interest (units)40,975,800 
Indirect/deemed interest (%)8.08 
Total no of securities after change64,000,800
Date of notice07/07/2014

Remarks :
The transactions were made between 2 July 2014 and 4 July 2014.

The Form 29B was received by the Company on 7 July 2014.


REDTONE - Changes in Sub. S-hldr's Int. (29B) - TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced7 Jul 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-140707-CD403

Particulars of substantial Securities Holder

NameTAN SRI DATO' SERI VINCENT TAN CHEE YIOUN
AddressLevel 12 (East Wing)
Berjaya Times Square
No. 1 Jalan Imbi
55100 Kuala Lumpur
NRIC/Passport No/Company No.520223-01-5779
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderBERJAYA PHILIPPINES INC. ("BPI")
9F, RUFINO PACIFIC TOWER
6784 AYALA AVE, CORNER
V.A. RUFINO STREET,
1200 MAKATI CITY, PHILIPPINES

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired04/07/2014
1,500,000
 

Circumstances by reason of which change has occurredDeemed interested by virtue of my interest in Berjaya Corporation Berhad, the ultimate holding company of BPI.
- Acquired via open market.
Nature of interestIndirect
Direct (units)7,000,000 
Direct (%)1.38 
Indirect/deemed interest (units)64,000,800 
Indirect/deemed interest (%)12.63 
Total no of securities after change71,000,800
Date of notice04/07/2014

Remarks :
The transactions were made between 2 July 2014 and 4 July 2014.

The Form 29B was received by the Company on 7 July 2014.


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

Announcement Type: General Announcement
Company NameMLABS SYSTEMS BERHAD (ACE Market) 
Stock Name MLAB  
Date Announced7 Jul 2014  
CategoryGeneral Announcement
Reference NoOS-140704-53951

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionMLABS SYSTEMS BERHAD (“MLABS” OR “COMPANY”)

PRIVATE PLACEMENT OF UP TO 16,987,900 NEW ORDINARY SHARES OF RM0.10 EACH IN MLABS TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED (“PRIVATE PLACEMENT”)

On behalf of the Board of Directors of Mlabs, M&A Securities Sdn Bhd (“M&A Securities”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 7 July 2014, approved the listing of and quotation for up to 16,987,900 new Mlabs Shares to be issued pursuant to the Private Placement on the ACE Market of Bursa Securities subject to the following conditions:

 

(i) Mlabs and M&A Securities must fully comply with the relevant provisions under the Bursa Securities ACE Market Listing Requirements (“LR”) pertaining to the implementation of the Private Placement;

 

(ii) Mlabs and M&A Securities to inform Bursa Securities upon the completion of the Private Placement;

 

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

 

(iv) M&A Securities to furnish Bursa Securities with details of the placees as per Rule 6.16 of the LR, prior to the issuance/allotment of shares to placees, together with confirmation that the placees do not fall within any of the category of persons specified in Rule 6.05 (c) of the LR.

 

 

This announcement is dated 7 July 2014.

 



N2N - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced7 Jul 2014  
CategoryChange in Boardroom
Reference NoCM-140612-54512

Date of change07/07/2014
NameAkio Furuse
Age43
NationalityJapanese
Type of changeAppointment
DesignationNon-Executive Director
DirectorateNon Independent & Non Executive
QualificationsBachelor's Degree in Sociology, Kansai University, Japan 
Working experience and occupation 2014 to Present
Nikkei Group Asia Pte. Ltd., General Manager (Singapore)

2012 to 2014
QUICK Corp., Deputy General Manager of Global Business Department (Japan)

2011 to 2012
QUICK Corp., Senior Manager of Global Business Department (Japan)

2010 to 2011
QUICK Corp., Solutions Manager of Business Planning Department (Japan)

2003 to 2010
QUICK Corp., Senior Account Manager of Sales Headquarters (Japan)

2003 to 2003
QUICK Corp., Account Manager of Sales Headquarters (Japan)

1999 to 2003
QUICK Corp. London Branch, Assistant Manager (United Kingdom)

1993 to 1999
QUICK Corp., Staff of Sales Headquarters (Japan) 
Directorship of public companies (if any)None 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 

Remarks :
Male


N2N - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced7 Jul 2014  
CategoryChange in Boardroom
Reference NoCM-140612-55250

Date of change07/07/2014
NameTetsuya Iguchi
Age51
NationalityJapanese
Type of changeAppointment
DesignationNon-Executive Director
DirectorateNon Independent & Non Executive
QualificationsB.A. in Political Science, Waseda University, Japan 
Working experience and occupation 2014 to Present
- Nikkei Group Asia Pte. Ltd., Assistant to Managing Director(Singapore)
- Nikkei Inc., Editor-in-Chief, Editorial Headquarters for Asia

2013 to 2014
Nikkei Inc. Deputy Managing Editor, Editorial Bureau (Tokyo)

2011 to 2013
Editor-in-Chief for the Nikkei Business Daily

2010 to 2011
Editor, Economic & Finance News Department

2009 to 2010
Editor for Nikkei VERITAS

2000 to 2009
Deputy Editor, Editorial Bureau

1998 to 2000
Staff Writer, Business News Department Editorial Bureau

1995 to 1998
Chief Correspondent, Headquarters for Europe, Middle East & Africa (London)

1985 to 1995
Staff Writer, Business News Department Editorial Bureau 
Directorship of public companies (if any)None 
Family relationship with any director and/or major shareholder of the listed issuerNone 
Any conflict of interests that he/she has with the listed issuerNone 
Details of any interest in the securities of the listed issuer or its subsidiariesNone 

Remarks :
Male


N2N - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced7 Jul 2014  
CategoryGeneral Announcement
Reference NoCM-140703-40953

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionN2N CONNECT BERHAD (“N2N” OR “THE COMPANY”)
LICENSE AGREEMENT WITH QUICK CORP.

1. INTRODUCTION

The Board of Directors of N2N Connect Berhad (“N2N” or “the Company”) wishes to announce that the Company had on 7 July 2014 entered into a License Agreement with QUICK Corp. (Company No. : 0100-01-015075), a company incorporated under the laws of Japan, having its business office at Nihonbashi Mitsui Tower, 2-1-1, Nihonbashi Muromachi, Chuo-ku, Tokyo 103-8317, Japan whereby QUICK Corp. agrees to license to the Company the rights to develop new functions for the TCPro application based on QUICK Corp.’s intellectual properties (including but not limited to software, technologies and know how) and also the rights to incorporate the new functions developed into the TCPro application.

QUICK Corp. is a 61.21% owned subsidiary of Nikkei Inc. and both QUICK Corp. and Nikkei Inc. are major shareholders of the Company, each holding 13.999% shares in the Company.

2. DETAILS OF THE LICENSE AGREEMENT

QUICK Corp. is a company engaged in providing services in connection with information and functions necessary for financial institutions and investors, including financial/economic information, news and analysis, and is considering business expansion in Southeast Asia;

The Company wishes to establish new terminal services incorporating new functions and to develop the services using intellectual properties owned by or licensed to QUICK Corp. (including but not limited to software, technologies and know how) and QUICK Corp. would like the Company to use its intellectual properties (including but not limited to software, technologies and know how) in developing the new terminal services in Southeast Asia together with the Company.

3. SALIENT TERMS

Effective Period

The Agreement comes into effect from July 7, 2014 and shall expire on April 30, 2017 (“Effective Period”). If neither party provides notification of the termination of this Agreement in writing at least 6 months prior the expiration of the Effective Period, the Effective Period shall be automatically extended for another year and the same shall be applicable for all subsequent renewal periods.

4. RATIONALE

The License Agreement would enable the Company to establish and develop new terminal services in Southeast Asia for the mutual benefit of the parties to the Agreement.

5. FINANCIAL EFFECTS

The License Agreement is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of the Company for the financial year ending 31 December 2014 until the establishment of the new terminal services and marketed across the Southeast Asia.

6. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED TO THEM

Save as disclosed above, none of the other major shareholders or Directors of the Company and/or persons connected to them (other than Mr Akio Furuse and Mr Tetsuya Iguchi, who are nominated by QUICK and Nikkei to the Board of Directors), have any interest, either direct or indirect, in the License Agreement.

This announcement is dated 7 July 2014.



N2N - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced7 Jul 2014  
CategoryGeneral Announcement
Reference NoCM-140703-3408D

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionN2N CONNECT BERHAD (“N2N” OR “THE COMPANY”)
BUSINESS ALLIANCE AGREEMENT WITH QUICK CORP. AND NIKKEI INC.

1. INTRODUCTION

The Board of Directors of N2N Connect Berhad (“N2N” or “the Company”) wishes to announce that the Company had on 7 July 2014 entered into a Business Alliance Agreement with its major shareholders, QUICK Corp. (Company No. : 0100-01-015075), a company incorporated under the laws of Japan, having its business office at Nihonbashi Mitsui Tower, 2-1-1, Nihonbashi Muromachi, Chuo-ku, Tokyo 103-8317, Japan, and Nikkei Inc. (Company No. : 0100-01-033086), a company incorporated under the laws of Japan, having its business office at 1-3-7, Otemachi Chiyoda-ku, Tokyo 100-8066, Japan (“Nikkei”), each holding 13.999% shares in the Company, for the business alliance conducted in Southeast Asia.

2. DETAILS OF THE BUSINESS ALLIANCE AGREEMENT

QUICK Corp. is a company engaged in providing services in connection with information and functions necessary for financial institutions and investors, including financial/economic information, news and analysis, and is considering business expansion in Southeast Asia;

Nikkei Inc. conducts newspaper businesses as a core and its operations range from books, magazines to digital media, database service, broadcasting and other activities such as economic and cultural events;

The Company’s ’s principal activities are investment holding, carrying on the business as researcher and developer of software packages, provider of design, programming, consultancy services and related activities, management of investment properties and in the business related to terminals which provide basic information and functions necessary for trading, including price monitoring/charting functions and corporate information, in Malaysia, Singapore and other markets, and is considering the provision of services via high value-added terminals, which are upgraded versions of the basic terminals with further information and analysis function added;

The Company wishes to establish new terminal services incorporating new functions and to develop the services using the software, technologies, etc. owned by QUICK Corp.. QUICK Corp. and Nikkei Inc. further would like the Company to use the said software, technologies, etc. and to develop the new terminal services in Southeast Asia and for the Company to distribute the news of Nikkei through the said new terminal services in Southeast Asia and subsequently for the Company to distribute the news of Nikkei through the said new terminal.

3. SALIENT TERMS

Purpose of the Business Alliance Agreement

The Parties shall use their best efforts to cooperate in good faith with each other for the mutual benefit of the Parties under the Business Alliance Agreement in order to achieve the purpose as set out in the preceding Paragraph.

Effectiveness of the Business Alliance Agreement

The Business Alliance Agreement shall come into effect on the date hereof and shall be effective and in force until any of the followings occurs:

(a) QUICK and Nikkei both cease to be shareholders of N2N;

(b) this Business Alliance Agreement is terminated pursuant to Article 6 of the Business Alliance Agreement; or

(c) upon mutual consent of all the Parties to terminate this Business Alliance Agreement.

4. RATIONALE

The Business Alliance Agreement will assist N2N in materialising its vision of becoming Asian No. 1 in a shorter period of time by leveraging on each other’s experience, strength and technicalities on this field.

5. FINANCIAL EFFECTS

The business alliance is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of the Company for the financial year ending 31 December 2014 until the development of the new terminal services by incorporating Nikkei and QUICK’s financial news and information and business analytics system in sync and commence.

6. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED TO THEM

Save as disclosed above, none of the other major shareholders or Directors of the Company and/or persons connected to them (other than Mr Akio Furuse and Mr Tetsuya Iguchi, who are nominated by QUICK and Nikkei to the Board of Directors), have any interest, either direct or indirect, in the Business Alliance Agreement.

This announcement is dated 7 July 2014.



MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced7 Jul 2014  
CategoryGeneral Announcement
Reference NoMD-140707-64672

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 07-07-2014
Fund: MYETFDJ
NAV per unit (RM): 1.2054
Units in Circulation (units): 252,300,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.05
License Fee (%p.a): 0.04
DJIM25 Index: 1,069.91

 



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