August 1, 2014

Company announcements: XINGHE, N2N, ASIABIO, DGB, OCK

XINGHE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameXINGHE HOLDINGS BERHAD (ACE Market) 
Stock Name XINGHE  
Date Announced1 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140731-6CE38

Regularisation SponsorAmInvestment Bank Bhd
SponsorMercury Securities Sdn Bhd
TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionAmInvestment Bank Berhad and Mercury Securities Sdn Bhd are the joint sponsors to XingHe Holdings Berhad (fka: Key West Global Telecommunications Berhad)("the Company").

Further to the announcement made on 25 July 2014, we wish to announce that Mr Ng Min Lin, a director of XingHe Holdings Berhad has acquired 10,000,000 shares of the Company during the closed period pursuant to Rule 14.08(d) of Bursa Malaysia Securities Berhad's ACE Market Listing Requirements on Dealings in Listed Securities. The details are set out as below:

Type of Securities

Date of Acquisition

Price transacted per securities

No. of securities acquired or disposed

% of securities acquired or disposed

Ordinary Shares

 

Direct Interest

 

 

 

1 August 2014

 

 

RM0.23

 

 

10,000,000

 

 

0.426%




XINGHE - Changes in Director's Interest (S135) - Ng Min Lin

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameXINGHE HOLDINGS BERHAD (ACE Market) 
Stock Name XINGHE  
Date Announced1 Aug 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140731-6CE27

Information Compiled By KLSE

Regularisation SponsorAmInvestment Bank Bhd
SponsorMercury Securities Sdn Bhd

Particulars of Director

NameNg Min Lin
AddressA-18-4, Vista Kiara
7, Jalan Kiara 3
Mont Kiara
50480 Kuala Lumpur
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)
Acquired
01/08/2014
10,000,000
0.230 

Circumstances by reason of which change has occurredAcquisition
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)21,443,700 
Direct (%)0.91 
Indirect/deemed interest (units)3,437,200 
Indirect/deemed interest (%)0.15 
Date of notice01/08/2014

Remarks :
AmInvestment Bank Berhad and Mercury Securities Sdn Bhd are the joint sponsors to XingHe Holdings Berhad.

Direct Holding:-
- Amsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 284,500 shares
- Amsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 209,700 shares
- JF Apex Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin (STA 1) - 9,500 shares
- Mercsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 10,000,000 shares
- Maybank Securities Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 940,000 shares
- Mercsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin (NAF231) - 10,000,000 shares

Indirect Holding:-
- Elite Lion Sdn. Bhd. - 3,437,200 shares


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 Announced1 Aug 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-140801-3B322

Date of buy back01/08/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)60,000
Minimum price paid for each share purchased ($$)0.955
Maximum price paid for each share purchased ($$)0.965
Total consideration paid ($$)57,600.00
Number of shares purchased retained in treasury (units)60,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)4,047,700
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 (%)0.9206


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

Announcement Type: General Announcement
Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO  
Date Announced1 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140801-6529C

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionASIA BIOENERGY TECHNOLOGIES BERHAD (“ABT” OR THE “COMPANY”)
• SUBSCRIPTION OF PLACEMENT SHARES IN VSOLAR GROUP BERHAD (FORMERLY KNOWN AS FAST TRACK SOLUTION HOLDINGS BERHAD) (“VSOLAR”)

The details of the announcement is attached herein.

This announcement is dated 1 August 2014.



DGB - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameDGB ASIA BERHAD (ACE Market) 
Stock Name DGB  
Date Announced1 Aug 2014  
CategoryChange in Audit Committee
Reference NoCM-140801-635EA

Date of change01/08/2014
NameDato’ Sri Ahmad Said bin Hamdan
Age62
NationalityMalaysian
Type of changeRedesignation
Previous PositionChairman of Audit Committee
New PositionMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsB.A (Hons.) in Humanities from Universiti Sains Malaysia
Master of Science in Criminology from the Indiana State of University, United States of America 
Working experience and occupation He started his career as an Assistant Superintendent of Custom, Penang in early 1975. Later, he joined Anti-Corruption Agency of Malaysia (“ACA”) as Superintendent of Investigation. He has served the government service for 34 years in various divisions such as investigation, intelligence, preventions and prosecution. He also headed a few states in Malaysia as Director of States including Sabah, Perak and Selangor.

He has been the Director of Investigations of ACA Malaysia since 1992 and was promoted to Deputy Director General in 1998. In 2008, he was promoted to Director General of ACA. He has been the first Chief Commissioner of Malaysian Anti-Corruption Commission (“MACC”) when it was formed in the 2009.

During his service, he was awarded by the Public Service Department, a full scholarship to pursue his studies in Master of Science in Criminology from the Indiana State of University, United States of America in 1986 to 1987. He also had the opportunity to do an attachment at the Terre Haute City Police Department (Fraud Investigation Division), Indiana as part of his studies requirements. He was also entrusted to participate in the Senior Executive Course conducted by the Central Official Training Centre in Seoul, South Korea in 1990. He was awarded medal of honours by the States and Federal Government.

Dato’ Sri currently serves as the Board Deputy Advisor for Koperasi Tanjong Keramat, Kota Kinabalu, Sabah. He is the Chairman & Director of AT Systematization Berhad and also sits on the Board of several private limited companies. Dato’ Sri is currently the Executive Director of Sanichi Technology Berhad and a Director of PNE PCB Berhad. 
Directorship of public companies (if any)1. AT Systematization Berhad
2. Sanichi Technology Berhad
3. PNE PCB BERHAD 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesNIL 
Composition of Audit Committee (Name and Directorate of members after change)1. Ong Tee Kein - Chairman, Independent Non-Executive
2. Dato’ Sri Ahmad Said Bin Hamdan - Member, Independent Non-Executive
3. Muhammad Radhi Bin Azizan - Member, Independent Non-Executive


DGB - OTHERS DGB ASIA BERHAD ("DGB" OR "THE COMPANY") (Formerly known as DSC Solutions Berhad) - CHANGES IN THE COMPOSITION OF NOMINATION COMMITTEE AND REMUNERATION COMMITTEE OF THE COMPANY

Announcement Type: General Announcement
Company NameDGB ASIA BERHAD (ACE Market) 
Stock Name DGB  
Date Announced1 Aug 2014  
CategoryGeneral Announcement
Reference NoCM-140701-4A339

TypeAnnouncement
SubjectOTHERS
DescriptionDGB ASIA BERHAD ("DGB" OR "THE COMPANY")
(Formerly known as DSC Solutions Berhad)
- CHANGES IN THE COMPOSITION OF NOMINATION COMMITTEE AND REMUNERATION COMMITTEE OF THE COMPANY

The Board of Directors of DGB wishes to inform that the composition of the Company's Nomination Committee and Remuneration Committee has been changed to as follows with effect from 1 August 2014:-

Nomination Committee

1. Mr. Ong Tee Kein (Chairman, Independent Non-Executive)

2. Dato’ Sri Ahmad Said Bin Hamdan (Member, Independent Non-Executive)

3. En. Muhammad Radhi Bin Azizan (Member, Independent Non-Executive)

Remuneration Committee

1. Dato’ Sri Ahmad Said Bin Hamdan (Member, Independent Non-Executive)

2. Dato’ Dr. Pang Chow Huat (Member, Executive)

3. Mr. Ong Tee Kein (Member, Independent Non-Executive)

This announcement is dated 1 August 2014.



DGB - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameDGB ASIA BERHAD (ACE Market) 
Stock Name DGB  
Date Announced1 Aug 2014  
CategoryChange in Audit Committee
Reference NoCM-140701-52253

Date of change01/08/2014
NameOng Tee Kein
Age57
NationalityMalaysian
Type of changeAppointment
DesignationChairman of Audit Committee
DirectorateIndependent & Non Executive
QualificationsMaster Degree in Business Administration
Member of the Malaysian Institute of Accountants
Associate of the Institute of Chartered Secretaries and Administrators 
Working experience and occupation After qualifying as an accountant in the United Kingdom, Mr. Ong joined a management consultancy practice based in United Kingdom specializing in providing consultancy services to governments and international funding agencies. From 1994 until 2011, he was a principal consultant in the corporate advisory division of an international accounting firm. 
Directorship of public companies (if any)1. Sanichi Technology Berhad
2. Mlabs Systems Berhad
3. Biosis Group Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesNIL 
Composition of Audit Committee (Name and Directorate of members after change)1. Ong Tee Kein - Chairman, Independent Non-Executive
2. Dato’ Sri Ahmad Said Bin Hamdan - Member, Independent Non-Executive
3. Muhammad Radhi Bin Azizan - Member, Independent Non-Executive


DGB - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameDGB ASIA BERHAD (ACE Market) 
Stock Name DGB  
Date Announced1 Aug 2014  
CategoryChange in Boardroom
Reference NoCM-140701-51985

Date of change01/08/2014
NameOng Tee Kein
Age57
NationalityMalaysian
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsMaster Degree in Business Administration
Member of the Malaysian Institute of Accountants
Associate of the Institute of Chartered Secretaries and Administrators 
Working experience and occupation After qualifying as an accountant in the United Kingdom, Mr. Ong joined a management consultancy practice based in United Kingdom specializing in providing consultancy services to governments and international funding agencies. From 1994 until 2011, he was a principal consultant in the corporate advisory division of an international accounting firm. 
Directorship of public companies (if any)1. Sanichi Technology Berhad
2. Mlabs Systems Berhad
3. Biosis Group Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNIL 
Any conflict of interests that he/she has with the listed issuerNIL 
Details of any interest in the securities of the listed issuer or its subsidiariesNIL 

Remarks :
Gender: Male


OCK - OTHERS Writ of Summon No. B52NCVC-224-07/2014 filed in the Kuala Lumpur Section Court by the solicitors acting for Hooi Tuck Yin against OCK Setia Engineering Sdn Bhd and Ooi Chin Khoon

Announcement Type: General Announcement
Company NameOCK GROUP BERHAD (ACE Market) 
Stock Name OCK  
Date Announced1 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140801-401C4

Admission SponsorAlliance Investment Bank Berhad
SponsorRHB Investment Bank Bhd
TypeAnnouncement
SubjectOTHERS
DescriptionWrit of Summon No. B52NCVC-224-07/2014 filed in the Kuala Lumpur Section Court by the solicitors acting for Hooi Tuck Yin against OCK Setia Engineering Sdn Bhd and Ooi Chin Khoon

OCK Group Berhad ("OCK") wishes to announce that its wholly-owned subsidiary, OCK Setia Engineering Sdn Bhd (“OCK SE”) had on 25 July 2014, served with a Writ of Summon dated 24 July 2014 filed in the Kuala Lumpur Section Court by the solicitors acting for Hooi Tuck Yin (“the Plaintiff”), claiming the sum of RM351,000.00 together with interest thereon and costs. The claims are purportedly in respect of outstanding balance of advisory fees rendered by the Plaintiff to the Company.

The matter has been fixed for case Management on 28 August 2014.

The Company is seeking the necessary legal advice to resolve and/or defend the alleged claims accordingly.

Further announcement on the developments of the above matter will be announced in due course.


This announcement is dated 1 August 2014.




OCK - OTHERS Writ of Summon No. B52NCVC-219-07/2014 filed in the Kuala Lumpur Section Court by the solicitors acting for Ch’ng So-Fia (trading under the business name HNY Trading Services) against OCK Setia Engineering Sdn Bhd

Announcement Type: General Announcement
Company NameOCK GROUP BERHAD (ACE Market) 
Stock Name OCK  
Date Announced1 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140801-62120

Admission SponsorAlliance Investment Bank Berhad
SponsorRHB Investment Bank Bhd
TypeAnnouncement
SubjectOTHERS
DescriptionWrit of Summon No. B52NCVC-219-07/2014 filed in the Kuala Lumpur Section Court by the solicitors acting for Ch’ng So-Fia (trading under the business name HNY Trading Services) against OCK Setia Engineering Sdn Bhd

OCK Group Berhad ("OCK") wishes to announce that its wholly-owned subsidiary, OCK Setia Engineering Sdn Bhd (“OCK SE”) had on 25 July 2014, served with a Writ of Summon dated 22 July 2014 filed in the Kuala Lumpur Section Court by the solicitors acting for Ch’ng So-Fia (“the Plaintiff”), claiming the sum of RM402,550.00 together with interest thereon and costs. The claims are purportedly in respect of outstanding balance of professional fees rendered by the Plaintiff to the Company.

The matter has been fixed for case Management on 25 August 2014.

The Company is seeking the necessary legal advice to resolve and/or defend the alleged claims accordingly.

Further announcement on the developments of the above matter will be announced in due course.


This announcement is dated 1 August 2014.




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