August 27, 2014

Company announcements: PALETTE, BTECH, OPCOM, OSKVI, MEXTER, N2N, FOCUS, GREENYB, MYEG

PALETTE - Quarterly rpt on consolidated results for the financial period ended 30/6/2014

Announcement Type: Financial Results
Company NamePALETTE MULTIMEDIA BERHAD (ACE Market) 
Stock Name PALETTE  
Date Announced27 Aug 2014  
CategoryFinancial Results
Reference NoCK-140826-60151

Financial Year End31/12/2014
Quarter2
Quarterly report for the financial period ended30/06/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2014
30/06/2013
30/06/2014
30/06/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
167
258
281
1,163
2Profit/(loss) before tax
-579
-686
-1,147
-894
3Profit/(loss) for the period
-579
-686
-1,147
-894
4Profit/(loss) attributable to ordinary equity holders of the parent
-579
-686
-1,147
-894
5Basic earnings/(loss) per share (Subunit)
-0.20
-0.24
-0.39
-0.31
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.0503
0.0543
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


BTECH - Quarterly rpt on consolidated results for the financial period ended 30/6/2014

Announcement Type: Financial Results
Company NameBRITE-TECH BERHAD (ACE Market) 
Stock Name BTECH  
Date Announced27 Aug 2014  
CategoryFinancial Results
Reference NoCM-140827-56952

Financial Year End31/12/2014
Quarter2
Quarterly report for the financial period ended30/06/2014
The figureshave not been audited

Attachments

BTech Q2.2014_Bursa270814.pdf
6506 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2014
30/06/2013
30/06/2014
30/06/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
6,148
6,348
11,576
11,536
2Profit/(loss) before tax
2,411
1,391
3,733
2,443
3Profit/(loss) for the period
2,158
1,047
3,128
1,829
4Profit/(loss) attributable to ordinary equity holders of the parent
2,133
1,018
3,112
1,787
5Basic earnings/(loss) per share (Subunit)
0.85
0.40
1.23
0.71
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1800
0.1700
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


OPCOM - Annual Report 2014

Announcement Type: Document Receipt
Company NameOPCOM HOLDINGS BERHAD (ACE Market) 
Stock Name OPCOM  
Date Announced27 Aug 2014  
CategoryDocument Receipt
Reference NoJM-140827-62756

Annual Report for Financial Year Ended31/03/2014
SubjectAnnual Report 2014


OSKVI - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced27 Aug 2014  
CategoryGeneral Announcement
Reference NoCS-140826-74090

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionOSK VENTURES INTERNATIONAL BERHAD ("OSKVI" or "the Company")
- DEALINGS IN SECURITIES OF OSKVI OUTSIDE CLOSED PERIOD PURSUANT TO RULE 14.09 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Dato’ Nik Mohamed Din bin Datuk Nik Yusoff, the Non-Independent Non-Executive Chairman of the Company, had given notice of his direct dealings in the securities of OSKVI outside closed period, details as set out in the table below:-

Ordinary Shares of RM0.50 each

Date of Transaction

No. of shares acquired/
(disposed)

Percentage (%)

Price per Share (RM)

22.08.2014

(200)

Negligible

0.6100

Note:

Disposal of shares through open market.

This announcement is dated 27 August 2014.

 

 

 



OSKVI - Changes in Director's Interest (S135) - Dato' Nik Mohamed Din bin Datuk Nik Yusoff

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced27 Aug 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140826-73223

Information Compiled By KLSE

Particulars of Director

NameDato’ Nik Mohamed Din bin Datuk Nik Yusoff
Address48, Taman Hillview, Off Jalan Ulu Kelang, 68000 Ampang, Selangor Darul Ehsan
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)
Disposed
22/08/2014
200
0.610 

Circumstances by reason of which change has occurredDisposal of ordinary shares through open market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)2,087,615 
Direct (%)1.07 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice27/08/2014


MEXTER - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameMEXTER TECHNOLOGY BERHAD (ACE Market) 
Stock Name MEXTER  
Date Announced27 Aug 2014  
CategoryGeneral Announcement
Reference NoCA-140827-05B70

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionMEXTER TECHNOLOGY BERHAD (“MEXTER” OR “COMPANY”)
• COURT OF APPEAL CIVIL APPEAL NO. P-02-685-04/2014 [CIVIL SUIT IN THE PENANG HIGH COURT (CIVIL SUIT NO. MT1-22-527-2007) AGAINST TAN KIM BOON, TAN KIM KHENG, LO MOOI LEE, ANG CHAI KHEE, OTTUS SDN BHD AND OUNG LAY CHOON (HEREINAFTER REFERRED TO AS THE “DEFENDANTS”)]

Further to the Company’s announcement made on 21 July 2014, the Board of Directors of Mexter (“Board”) wishes to update that at the hearing held on 27 August 2014, the Court of Appeal has:

 

- Allowed the Appellants/Defendants' application to extent time for 3 months to file Part C of their Record of Appeal, and

- Dismissed the Respondents/Plaintiffs' application to stike out the Appellants' Notice of Appeal and incomplete Record of Appeal.

 

No order of costs was given for both applications.

This announcement is dated 27 August 2014.

 



N2N - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced27 Aug 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-140827-3585B

Date of buy back27/08/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)9,100
Minimum price paid for each share purchased ($$)0.910
Maximum price paid for each share purchased ($$)0.910
Total consideration paid ($$)8,281.00
Number of shares purchased retained in treasury (units)9,100
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)4,477,800
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)1.0184


FOCUS - OTHERS FOCUS DYNAMICS TECHNOLOGIES BERHAD (“THE COMPANY” OR “FOCUS”) - VALUATION OF NON-CURRENT ASSETS INCORPORATED INTO FINANCIAL STATEMENTS OF FOCUS

Announcement Type: General Announcement
Company NameFOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) 
Stock Name FOCUS  
Date Announced27 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140827-62088

TypeAnnouncement
SubjectOTHERS
DescriptionFOCUS DYNAMICS TECHNOLOGIES BERHAD (“THE COMPANY” OR “FOCUS”)
- VALUATION OF NON-CURRENT ASSETS INCORPORATED INTO FINANCIAL STATEMENTS OF FOCUS

1. INTRODUCTION

Pursuant to Chapter 9 Part J Paragraph 9.19(46) and Part H of Appendix 9A of the ACE Market Listing Requirements, the Board of Directors of Focus (“Board”) wishes to announce that the Board had on 27 August 2014 approved the incorporation of the revaluation deficit, net of deferred tax of RM0.384 million in the financial statements of Focus.

2. PURPOSE OF REVALUATION

The purpose of the valuation is to ascertain the fair value of the investment properties of the Group for accounting purposes pursuant to Financial Reporting Standard (“FRS”) 140: Investment Properties.

3 REVALUATION DEFICIT

The revaluation deficit, net of deferred tax, to be incorporated in the financial statements in accordance with the requirements of FRS 140: Investment Property and FRS 108: Accounting Policies, Changes in Accounting Estimates and Errors are as follows:

(i) For the financial year ending 31 December 2014 = RM0.384million

(ii) Prior to financial year ending 31 December 2014 = N/A*

Remark :-

(*) no revaluation be conducted in prior years.

The fair value will be reviewed at an interval basis in compliance with FRS 140 to ascertain the appropriate and the accurate fair value of the investment properties of the Group to be adopted in the financial statements of the Group and separate announcement will be made if such event occurred subsequent to this announcement.

4. EFFECT OF THE REVALUATION DEFICIT ON THE NET ASSETS PER SHARE

The revaluation deficit, net of deferred tax of RM0.384 million will decrease the net assets per share by RM0.0011 for the financial year ending 31 December 2014.

5. NAME OF VALUER, DATE OF VALUATION AND VALUATION ON INVESTMENT PROPERTIES BY VALUER

Please refer to Appendix A as attached.

6. DOCUMENTS FOR INSPECTION

The Certificate of Valuation is available for inspection at the registered office of the Focus at No. 4-1 Kompleks Niaga Melaka Perdana, Jln KNMP 3, Bukit Katil, 75450 Melaka, during normal business hours from Mondays to Fridays (except public holidays) for a period of three months from the date of this announcement.

This announcement is dated 27 August 2014


GREENYB - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameGREENYIELD BERHAD  
Stock Name GREENYB  
Date Announced27 Aug 2014  
CategoryGeneral Announcement
Reference NoCK-140825-B5876

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionNOTICE OF INTENTION TO DEAL IN THE SECURITIES OF GREENYIELD BERHAD ("THE COMPANY") DURING CLOSED PERIOD.

NOTICE OF INTENTION TO DEAL IN THE SECURITIES OF GREENYIELD BERHAD ("THE COMPANY") DURING CLOSED PERIOD.

The following Directors have given notices of their intention to deal in the securities of the Company during the closed period and their current holdings of the securities are as follows:-

Name of Directors

Description of Securities

No. of Shares Held (Direct)

% of Issued and Paid-up Share Capital

No. of Shares Held (Indirect)

% of Issued and Paid-up Share Capital

Tham Foo Keong

Ordinary Shares

10,973,160

3.29

181,283,880

54.32

Tham Foo Choon

Ordinary Shares

6,099,160

1.83

163,721,320

49.06

Dr Sivakumaran A/L Seenivasagam

Ordinary Shares

2,201,420

0.66

-

-

Tham Kin Wai

Ordinary Shares

2,172,000

0.65

-

-

Dr Zainol Bin Md Eusof

Ordinary Shares

210,000

0.06

-

-

Yong Swee Lin

Ordinary Shares

20,000

0.006

-

-

Mahbob Bin Abdullah

Ordinary Shares

270,000

0.08

-

-

This announcement is dated 27 August 2014.



MYEG - Changes in Sub. S-hldr's Int. (29B) - Wong Thean Soon

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameMY E.G. SERVICES BERHAD  
Stock Name MYEG  
Date Announced27 Aug 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140827-2DCF2

Particulars of substantial Securities Holder

NameWong Thean Soon
AddressB-25-7 Block B
Vista Kiara Condominium
Jalan Kiara 3, Bukit Kiara
50430 Kuala Lumpur
NRIC/Passport No/Company No.710604-08-5153
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderWong Thean Soon
B-25-7 Block B
Vista Kiara Condominium
Jalan Kiara 3, Bukit Kiara
50430 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired27/08/2014
100,000
2.810 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDirect
Direct (units)42,726,006 
Direct (%)7.244 
Indirect/deemed interest (units)198,157,998 
Indirect/deemed interest (%)33.597 
Total no of securities after change240,784,004
Date of notice27/08/2014

Remarks :
The total indirect shares of 198,157,998 are held as follows:
(i) 182,765,999 Ordinary Shares of RM0.10 each are registered in the name of Asia Internet Holdings Sdn Bhd;
(ii) 5,391,999 Ordinary Shares of RM0.10 each are registered in the name of Asia Internet E-Services Holdings Sdn Bhd; and
(iii) 10,000,000 Ordinary Shares of RM0.10 each are registered in the name of Radio Port Limited.

The percentage of direct and indirect interests exclude 11,236,800 Ordinary Shares of RM0.10 each bought back by the Company and retained as treasury shares.


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