TMS - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | THE MEDIA SHOPPE BERHAD (ACE Market) |
| Stock Name | TMS |
| Date Announced | 18 Jul 2014 |
| Category | Change in Boardroom |
| Reference No | CA-140703-42813 |
| Date of change | 18/07/2014 |
| Name | Yap Kien Ming |
| Age | 49 |
| Nationality | Malaysian |
| Type of change | Appointment |
| Designation | Non-Executive Director |
| Directorate | Independent & Non Executive |
| Qualifications | Mr Yap Kien Ming is a Graduate of the University of Brock, Canada with a Bachelor Degree of Arts in Economics and Marketing. |
| Working experience and occupation | Mr Yap Kien Ming started his career as a Strategic Management Executive with Kein Hing Industries Sdn. Bhd. During his 5 years tenure, he had started and headed the Purchasing Department since then. Further, Mr Yap had also put in place a stock system. Besides heading the Purchasing Department, he is also responsible for a intergrated stamping, machining and surface grinding line and Sales and Marketing with clients that included Sanden, Sharp, Nippondenso, Matsushita, Clipsal and PDL switch Gear Manufacturers. In the meantime, he is also responsible for a Licenced Manufacturing Warehouse, a Joint venture between 3 Japanese Manufacturers, namely Tomen, Matsushita , Meiwa and Kein Hing Industries Sdn. Bhd. Subsequently, he joined Polychem Sdn. Bhd. as Regional Product Manager which is a manufacturers agent for hand tools, cutting tools and non-ferrous materials from United Kingdom, Europe and Australia. Here he had served a wide range of industries from automotive, mould and die, oil and gas and electrical, electronics manufacturers. In the last decade he was appointed as the Regional Sales Manager for Garryson (now under Kennametal), and responsible for the Sales and Marketing for China, Indonesia, Malaysia, Singapore and Thailand. During his tenure he was involved in the Business Development, Sales and Distribution Channels, Sales and Technical Training and support to the dealers around the Region. Mr Yap has vast experience in Technical Sales and Cross Cultural marketing in Asia and his primary focus was in the Oil and Gas, Aerospace and shipping industry. |
| 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 : |
| Mr Yap Kien Ming (Male) |
NOTION - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD
Announcement Type: General Announcement
| Company Name | NOTION VTEC BERHAD |
| Stock Name | NOTION |
| Date Announced | 18 Jul 2014 |
| Category | General Announcement |
| Reference No | CC-140718-3EB0B |
| Type | Announcement | ||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD | ||||||||||||||||||||
| Description | This is to notify the Exchange that pursuant to Paragraph 14.08(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), Mr Choo Wing Hong and Mr Choo Wing Yew (collectively referred to as "Affected Persons") have notified that they intend to deal in the securities of the Company during closed period. In accordance with Paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Securities, the Affected Persons will inform the Company Secretary on the details of their dealings within one (1) full market day after the dealing has occurred. The Affected Persons' current holdings in the securities of the Company are set out in Table 1 hereunder. This announcement is dated 18 July 2014. | ||||||||||||||||||||
Table 1
# Based on the issued and paid-up share capital of 270,418,065 shares less 2,149,273 shares held as treasury shares. ^ Based on the total Warrants-B outstanding of 38,618,742. * The total direct shareholdings are held as follows:- (i) 19,606,026 ordinary shares of RM0.50 each are registered in the name of Choo Wing Hong; (ii) 6,676,000 ordinary shares of RM0.50 each are registered in the name of AllianceGroup Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Hong; and (iii) 7,000,000 ordinary shares of RM0.50 each are registered in the name of RHB Capital Nominees (Tempatan) Sdn Bhd Pledged Securities Account of Choo Wing Hong. ** The total direct shareholdings are held as follows:- (i) 4,154,725 ordinary shares of RM0.50 each are registered in the name of Choo Wing Yew; and (ii) 1,806,000 ordinary shares of RM0.50 each are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Yew (471952). *** The total direct Warrant-B holdings are held as follows:- (i) 575,128 Warrants-B are registered in the name of Choo Wing Yew; and (ii) 250,000 Warrants-B are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Choo Wing Yew (471952). | |||||||||||||||||||||
MICROLN - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):ESOS
Announcement Type: General Announcement
| Company Name | MICROLINK SOLUTIONS BERHAD (ACE Market) |
| Stock Name | MICROLN |
| Date Announced | 18 Jul 2014 |
| Category | General Announcement |
| Reference No | MI-140718-64559 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS |
| Description | MICROLINK SOLUTIONS BERHAD (“MICROLINK” OR THE “COMPANY”) (I) PROPOSED ESOS TERMINATION; (II) PROPOSED LTIP; AND (III) PROPOSED AMENDMENT (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS") |
We refer to the announcement dated 4 July 2014 in relation to the Proposals ("Announcement"). All abbreviations and definitions used herein shall have the same meanings as the words and expressions defined in the Announcement, except where the context otherwise requires or where otherwise defined herein. On behalf of the Board, Kenanga wishes to announce that the listing application to Bursa Securities in relation to the Proposed LTIP had been submitted on 17 July 2014. This announcement is dated 18 July 2014. | |
SUNZEN - Change in Boardroom
Announcement Type: Change in Boardroom
| Company Name | SUNZEN BIOTECH BERHAD (ACE Market) |
| Stock Name | SUNZEN |
| Date Announced | 18 Jul 2014 |
| Category | Change in Boardroom |
| Reference No | CA-140718-59933 |
| Date of change | 18/07/2014 |
| Name | Fong Chan Seng |
| Age | 66 |
| Nationality | Malaysian |
| Designation | Executive Director |
| Directorate | Executive |
| Type of change | Resignation |
| Reason | Personal reason |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | Bachelor of Veterinary Science and Animal Husbandry degree from Bombay Veterinary College, India. |
| Working experience and occupation | Dr. Fong Chan Seng has thirty seven (37) years of industry experience. He held several job portfolios during his employment with Pfizer - Malaysia. Dr. Fong joined Pfizer as Veterinary Promotions Manager in 1981. Throughout seven (7) years of serving the domestic market in Malaysia, he held positions as Product Manager, National Sales Manager and Feedmill Marketing Manager. Dr. Fong was posted to Thailand as the Business Manager of Pfizer Thailand Ltd for three (3) years from 1988 to 1990. He was promoted to the position of Regional Director of Sales for Association of South East Asia Nation (“ASEAN”) countries in 1991. In 1998, Dr. Fong together with the existing management of Pfizer in Malaysia, established Sunzen Corporation Sdn. Bhd. (“Sunzen Corporation”) to undertake a management buy-out of Pfizer’s local distribution and marketing operations. In 2001, Dr. Fong left Sunzen Corporation to join Phibro Animal Health Inc, USA as Regional Director for ASEAN countries and as Managing Director of their local incorporated company, Phibro Malaysia Sdn Bhd. He rejoined Sunzen Corporation in 2002. |
| 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 | Dr. Fong holds 4,000,860 shares and 953 warrants in the Company |
SUNZEN - Changes in Director's Interest (S135) - Kok Poe Chu
Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
| Company Name | SUNZEN BIOTECH BERHAD (ACE Market) |
| Stock Name | SUNZEN |
| Date Announced | 18 Jul 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CA-140718-42533 |
Information Compiled By KLSE
Particulars of Director
| Name | Kok Poe Chu |
| Address | 25 Jalan USJ 3/4N 47600 UEP Subang Jaya Selangor Darul Ehsan |
| Descriptions(Class & nominal value) | Warrants 2014/2019 |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 1,604,400 | 0.287 |
| Circumstances by reason of which change has occurred | Disposal of warrants |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 1,794,169 |
| Direct (%) | 3.61 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 18/07/2014 |
| Remarks : |
| The above announcement is also made to comply with Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad. |
SUNZEN - Changes in Director's Interest (S135) - Kok Poe Chu
Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
| Company Name | SUNZEN BIOTECH BERHAD (ACE Market) |
| Stock Name | SUNZEN |
| Date Announced | 18 Jul 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CA-140718-42396 |
Information Compiled By KLSE
Particulars of Director
| Name | Kok Poe Chu |
| Address | 25 Jalan USJ 3/4N 47600 UEP Subang Jaya Selangor Darul Ehsan |
| Descriptions(Class & nominal value) | Ordinary Shares of RM0.10 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 2,929,000 | 0.395 |
| Circumstances by reason of which change has occurred | Disposal of Shares |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 10,267,710 |
| Direct (%) | 6.88 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 18/07/2014 |
| Remarks : |
| The above announcement is also made to comply with Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad. |
SUNZEN - Changes in Sub. S-hldr's Int. (29B) - Kok Poe Chu
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | SUNZEN BIOTECH BERHAD (ACE Market) |
| Stock Name | SUNZEN |
| Date Announced | 18 Jul 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CA-140718-42082 |
Particulars of substantial Securities Holder
| Name | Kok Poe Chu |
| Address | 25 Jalan USJ 3/4N 47600 UEP Subang Jaya Selangor Darul Ehsan |
| NRIC/Passport No/Company No. | 610412-02-5473 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.10 each |
| Name & address of registered holder | Kok Poe Chu 25 Jalan USJ 3/4N 47600 UEP Subang Jaya Selangor Darul Ehsan |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 17/07/2014 | 2,929,000 |
FOCUSP - OTHERS FOCUS POINT HOLDINGS BERHAD (“FOCUS POINT” OR “THE COMPANY”) INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY COMPANY
Announcement Type: General Announcement
| Company Name | FOCUS POINT HOLDINGS BERHAD (ACE Market) |
| Stock Name | FOCUSP |
| Date Announced | 18 Jul 2014 |
| Category | General Announcement |
| Reference No | CK-140717-40088 |
| Type | Announcement |
| Subject | OTHERS |
| Description | FOCUS POINT HOLDINGS BERHAD (“FOCUS POINT” OR “THE COMPANY”) INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY COMPANY |
The Board of Directors of Focus Point wishes to announce that Focus Point has incorporated a new wholly-owned subsidiary namely, Excellent Reward Japanese Restaurants Sdn. Bhd. ("ERJRSB") on 18 July 2014. The initial authorised capital of ERJRSB is RM400,000/- divided into 400,000 ordinary shares of RM1.00 each and paid up capital is RM2.00 divided into 2 ordinary shares of RM1.00 each. The intended principal activity of ERJRSB is to carry on the business of providing Japanese food and beverages services. The incorporation of ERJRSB would not have any effect on the issued and paid-up share capital and substantial shareholders' shareholdings of Focus Point and are not expected to have any material impact on the earnings and net assets of Focus Point Group for the financial year ending 31 December 2014. None of the Directors or major shareholders of the Company or persons connected with them has any direct or indirect interest in the incorporation of ERJRSB. This announcement is dated 18 July 2014.
| |
XOX - BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS XOX BHD FOR BREACH OF ACE MARKET LISTING REQUIREMENTS
Announcement Type: Listing Circular
Bursa Malaysia Securities views the contravention seriously and has reminded XOX and its Board of Directors of their obligation to uphold appropriate standards of responsibility and accountability to shareholders and the investing public.
BACKGROUND
XOX reported an unaudited loss after taxation and minority interest of RM3.510 million in XOX’s 4th QR 2013, compared to an audited profit after taxation and minority interest of RM4.593 million in XOX’s annual audited accounts for the FYE 30 June 2013 (AAA 2013) which was announced on 8 November 2013.
The subsequent adjustments in the AAA 2013 included the impairment of trade receivables amounting to RM1.963 million where the auditors had prior to the announcement of the 4th QR 2013 raised their concerns over the recoverability of the same and requested for adequate allowances to be made.
The impairment made subsequently in the AAA 2013 was without any reasonable explanation on the change of circumstances from the issuance of the 4th QR 2013 to the AAA 2013.
The difference of RM1.897 million between XOX’s 4th QR 2013 and AAA 2013 excluding the adjustment in respect of the credit note from a trade creditor amounting to RM10 million represented a variance of approximately 54%.
| Company Name | XOX BHD (ACE Market) |
| Stock Name | XOX |
| Date Announced | 18 Jul 2014 |
| Category | Listing Circular |
| Reference No | UM-140718-58436 |
LISTING'S CIRCULAR NO. L/Q : 71110 OF 2014
Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded XOX Bhd (XOX or the Company) for failing to ensure that XOX’s announcement dated 30 August 2013 on the fourth quarterly report for the financial year ended (FYE) 30 June 2013 (4th QR 2013) took into account the adjustments as stated in the Company’s announcement dated 8 November 2013 (other than the adjustment in respect of the credit note from a trade creditor amounting to RM10 million which was received subsequent to the 4th QR 2013).
The failure to take into account the adjustment was in contravention of Rule 9.16(1)(a) of the Bursa Malaysia Securities ACE Market Listing Requirements (ACE LR) where a listed issuer must ensure that each announcement made is factual, clear, unambiguous, accurate, succinct and contains sufficient information to enable investors to make informed investment decisions.
The public reprimand was imposed pursuant to Rule 16.19(1) of the ACE LR after taking into consideration all facts and circumstances of the matter and upon completion of due process.
XOX is also required to review and ensure the adequacy and effectiveness of its financial reporting function and carry out a limited review on its quarterly report submissions. The limited review must be performed by the Company’s external auditors for four quarterly reports commencing no later from the quarterly report for the financial period ended 30 September 2014. XOX must ensure all its directors and relevant personnel attend a training programme on compliance with the ACE LR pertaining to financial statements.
While Bursa Malaysia Securities has not found any of XOX’s directors to have caused or permitted the breach by XOX, Bursa Malaysia Securities wishes to highlight that it is the duty of the directors to maintain appropriate standards of responsibility and accountability in ensuring compliance of the ACE LR. The Board of Directors at the material time were as follows:
- Dato’ Seri Abdul Azim bin Mohd Zabidi
- Ng Kok Heng
- Soo Pow Min
- Khoo Chuin Yuen
- Faidzan bin Hassan
- Yeoh Eng Kong
Bursa Malaysia Securities views the contravention seriously and has reminded XOX and its Board of Directors of their obligation to uphold appropriate standards of responsibility and accountability to shareholders and the investing public.
BACKGROUND
XOX reported an unaudited loss after taxation and minority interest of RM3.510 million in XOX’s 4th QR 2013, compared to an audited profit after taxation and minority interest of RM4.593 million in XOX’s annual audited accounts for the FYE 30 June 2013 (AAA 2013) which was announced on 8 November 2013.
The subsequent adjustments in the AAA 2013 included the impairment of trade receivables amounting to RM1.963 million where the auditors had prior to the announcement of the 4th QR 2013 raised their concerns over the recoverability of the same and requested for adequate allowances to be made.
The impairment made subsequently in the AAA 2013 was without any reasonable explanation on the change of circumstances from the issuance of the 4th QR 2013 to the AAA 2013.
The difference of RM1.897 million between XOX’s 4th QR 2013 and AAA 2013 excluding the adjustment in respect of the credit note from a trade creditor amounting to RM10 million represented a variance of approximately 54%.
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | FTSE BURSA MALAYSIA KLCI ETF |
| Stock Name | FBMKLCI-EA |
| Date Announced | 18 Jul 2014 |
| Category | General Announcement |
| Reference No | FB-140718-5C01A |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | FTSE Bursa Malaysia KLCI etf - Valuation Point as at 18 July 2014 |
Fund: FTSE Bursa Malaysia KLCI etf | |
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