September 29, 2014

Company announcements: CONNECT, SMRT, ETITECH, SANICHI, KEYASIC

CONNECT - OTHERS CONNECTCOUNTY HOLDINGS BERHAD (“CCHB”) - MEMORANDUM OF UNDERSTANDING (“MOU”)

Announcement Type: General Announcement
Company NameCONNECTCOUNTY HOLDINGS BERHAD (ACE Market) 
Stock Name CONNECT  
Date Announced29 Sept 2014  
CategoryGeneral Announcement
Reference NoC&-140929-7621C

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionCONNECTCOUNTY HOLDINGS BERHAD (“CCHB”)
- MEMORANDUM OF UNDERSTANDING (“MOU”)

(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcements dated 29 October 2013, 31 December 2013 and 31 March 2014.)

We refer to the Company’s announcements dated 29 October 2013, 31 December 2013 and 31 March 2014 pertaining to the Memorandum of Understanding (“MOU”) entered by CCHB. The Board of Directors wishes to update on the status of the MOU.

Kindly refer to the attachment for further details of the announcement.

This announcement is dated 29 September 2014.



CONNECT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameCONNECTCOUNTY HOLDINGS BERHAD (ACE Market) 
Stock Name CONNECT  
Date Announced29 Sept 2014  
CategoryChange in Boardroom
Reference NoC&-140926-6D773

Date of change29/09/2014
NameGOH KOK BOON
Age40
NationalityMALAYSIAN
Type of changeAppointment
DesignationExecutive Director
DirectorateExecutive
QualificationsBachelor of Applied Science (Honours) in Electrical Engineering from University of Windsor, Ontario, Canada. He was also listed in the Dean’s Honour Roll in 1999. 
Working experience and occupation He began his career in 2000 as a project engineer with a mechanical and electrical contracting firm and has accumulated more than 10 years experience in the field of mechanical and engineering rising to the rank of an executive director. He also held key positions in a retail, and food & beverage business.

Mr Goh is currently a business consultant and advisor for a local mechanical and electrical contracting firm. 
Directorship of public companies (if any)NIL 
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


CONNECT - OTHERS MEMORANDUM OF COLLABORATION BETWEEN MYGENBIZZ BERHAD AND MYANGKASA HOLDINGS SDN. BHD.

Announcement Type: General Announcement
Company NameCONNECTCOUNTY HOLDINGS BERHAD (ACE Market) 
Stock Name CONNECT  
Date Announced29 Sept 2014  
CategoryGeneral Announcement
Reference NoC&-140925-BBA63

Regularisation SponsorM&A Securities Sdn Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionMEMORANDUM OF COLLABORATION BETWEEN MYGENBIZZ BERHAD AND MYANGKASA HOLDINGS SDN. BHD.

(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 27 May 2014.)

We refer to our announcement dated 27 May 2014, the Board of Directors of ConnectCounty Holdings Berhad (“CCHB”) do hereby announce that the Memorandum of Collaboration (“MOC”) entered between MyGenBizz Berhad (“MGB”), a subsidiary of ConnectCounty Holdings Berhad (“CCHB”) and Myangkasa Holdings Sdn. Bhd. (“MHSB”), a wholly-owned subsidiary of Angkatan Koperasi Kebangsaan Malaysia Berhad (“Angkasa”), has been lapsed on 26 August 2014.

And that both parties mutually agreed not to extend the MOC and as such the MOC shall have no effect whatsoever and none of the parties shall have any rights or claims against each other.

This announcement is dated 29 September 2014.



CONNECT - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameCONNECTCOUNTY HOLDINGS BERHAD (ACE Market) 
Stock Name CONNECT  
Date Announced29 Sept 2014  
CategoryChange in Boardroom
Reference NoC&-140925-5A21F

Date of change29/09/2014
NameROY THEAN CHONG YEW
Age43
NationalityMALAYSIAN
Type of changeAppointment
DesignationNon-Executive Director
DirectorateIndependent & Non Executive
QualificationsMember of the Malaysian Institute of Accountants, Malaysian Institute of Certified Public
Accountants and The Institute Of Internal Auditors Malaysia 
Working experience and occupation He started his career in 1994 as an articled student with a mid sized international professional services firm. His span of more than 8 years with the firm includes a brief overseas stint with PKF Sydney in 2001. He left PKF as a manager in 2003 to join Russell Bedford Malaysia. In 2009 he left Russell Bedford Malaysia as an executive director to start his own business venture.

With over 19 years of working experience in local and international professional services firms, Mr. Thean has been involved in rendering a wide and diverse range of professional services to public listed companies and multinational and large national enterprises.

His work encompasses a wide range of professional services with his core practice being in corporate finance and advisory work for transaction support services including business valuations, financial due diligence, preparation of business plans and financial modeling, internal control and business risk review, corporate governance, risk management, merger / acquisition related services, internal and external auditing.

Presently, Mr. Thean is also an independent non-executive director and an audit committee chairman of a public company listed on Bursa Malaysia. 
Directorship of public companies (if any)JAT 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


SMRT - Changes in Director's Interest (S135) - Palaniappan A/L Ramanathan Chettiar

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameSMRT HOLDINGS BERHAD (ACE Market) 
Stock Name SMRT  
Date Announced29 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-140929-263A7

Information Compiled By KLSE

Particulars of Director

NamePalaniappan A/L Ramanathan Chettiar
AddressLot 45 Jalan Kekwa
Bluwater Estate
Mines South Lake Homes
43300 Seri Kembangan
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)
Acquired
29/09/2014
80,000
0.820 
Acquired
29/09/2014
20,000
0.815 

Circumstances by reason of which change has occurredAcquistion of Shares
Nature of interestDirect
Consideration (if any)RM81,900.00 

Total no of securities after change

Direct (units)7,148,797 
Direct (%)3.17 
Indirect/deemed interest (units)54,432,318 
Indirect/deemed interest (%)24.15 
Date of notice29/09/2014

Remarks :
The notice was received on 29 September 2014.


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

Announcement Type: General Announcement
Company NameSMRT HOLDINGS BERHAD (ACE Market) 
Stock Name SMRT  
Date Announced29 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140929-2639E

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, SMRT Holdings Berhad ("SMRT" or "Company") had on 29 September 2014 received notification from Palaniappan A/L Ramanathan Chettiar, a Director of SMRT, in relation to acquisition of shares outside closed period, details of which is set out in the table below.

Date of Dealing

Number of Shares Acquired

Price Transacted (RM)

% of Issued Capital

29-09-2014

29-09-2014

80,000

20,000

RM0.820

RM0.815

0.04

0.01

This announcement is dated 29 September 2014.

 



SMRT - Changes in Sub. S-hldr's Int. (29B) - Palaniappan A/L Ramanathan Chettiar

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSMRT HOLDINGS BERHAD (ACE Market) 
Stock Name SMRT  
Date Announced29 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140929-2639B

Particulars of substantial Securities Holder

NamePalaniappan A/L Ramanathan Chettiar
AddressLot 45 Jalan Kekwa
Bluwater Estate
Mines South Lake Homes
43300 Seri Kembangan
Selangor Darul Ehsan
NRIC/Passport No/Company No.551113-71-5207
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderPalaniappan A/L Ramanathan Chettiar
Lot 45, Jalan Kekwa, Bluwater Estate, Mines South Lake Homes, 43300 Seri Kembangan, Selangor Darul Ehsan

Kamatchi @ Valliammai A/P Malayandi
Lot 45, Jalan Kekwa, Bluwater Estate, Mines South Lake Homes, 43300 Seri Kembangan, Selangor Darul Ehsan

Special Flagship Holdings Sdn Bhd
14-4, Jalan Bangsar Utama 1, Bangsar Utama,59000 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired29/09/2014
80,000
0.820 
Acquired29/09/2014
20,000
0.815 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDirect
Direct (units)7,148,797 
Direct (%)3.17 
Indirect/deemed interest (units)54,432,318 
Indirect/deemed interest (%)24.15 
Total no of securities after change61,581,115
Date of notice29/09/2014

Remarks :
The Form 29B was received on 29 September 2014.


ETITECH - OTHERS ETI TECH CORPORATION BERHAD ("ETITECH" or "the Company") Outcome of the Court Convened Creditors Meeting ("CCM") for Secured Creditors

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced29 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140925-14969

TypeAnnouncement
SubjectOTHERS
DescriptionETI TECH CORPORATION BERHAD ("ETITECH" or "the Company")
Outcome of the Court Convened Creditors Meeting ("CCM") for Secured Creditors
Reference is made to the earlier announcement dated 23 September 2014.
The Company is pleased to inform that the resolution put to the vote of the CCM for secured creditors was unanimously carried.

This announcement is dated 29 September 2014.


SANICHI - Profile for Warrants

Announcement Type: Listing Information & Profile
Company NameSANICHI TECHNOLOGY BERHAD (ACE Market) 
Stock Name SANICHI-WC  
Date Announced29 Sept 2014  
CategoryListing Information & Profile
Reference NoMM-140929-40841

Instrument TypeWarrants
DescriptionSANICHI TECHNOLOGY BERHAD (“STB” OR “COMPANY”)

RENOUNCEABLE RIGHTS ISSUE OF UP TO 644,891,820 NEW ORDINARY SHARES OF RM0.10 EACH IN STB (“STB SHARE(S)”) (“RIGHTS SHARES”) TOGETHER WITH UP TO 429,927,880 FREE DETACHABLE WARRANTS (“WARRANTS C”) AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF THREE (3) RIGHTS SHARES TOGETHER WITH TWO (2) WARRANTS C FOR EVERY TWO (2) EXISTING STB SHARES HELD AT 5.00 P.M. ON 29 AUGUST 2014, BASED ON A MINIMUM SUBSCRIPTION LEVEL OF 90,000,000 RIGHTS SHARES TOGETHER WITH 60,000,000 WARRANTS C (“RIGHTS ISSUE WITH WARRANTS”) 
Listing Date01/10/2014
Issue Date25/09/2014
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit347,971,517
Maturity Date24/09/2019
Revised Maturity Date 
Exercise/ Conversion Period5.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.1000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio1 Warrant C:1 STB Share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
The Warrants C are issued free pursuant to the Rights Issue with Warrants on the basis of two (2) free Warrants C for every three (3) Rights Shares subscribed.

Each Warrant C entitles the registered holder to subscribe for one (1) new STB Share at any time during the Exercise Period at the Exercise Price subject to the adjustments in accordance with the provisions of the Deed Poll for Warrants C dated 14 August 2014 constituting the Warrants C.

Any Warrants C not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 29 September 2014.


KEYASIC - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameKEY ASIC BERHAD  
Stock Name KEYASIC  
Date Announced29 Sept 2014  
CategoryGeneral Announcement
Reference NoOS-140929-62612

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionKEY ASIC BERHAD (“KEY ASIC” OR THE “COMPANY”)

(I) PROPOSED SHARE PREMIUM REDUCTION;
(II) PROPOSED PAR VALUE REDUCTION; AND
(III) PROPOSED AMENDMENT

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

On behalf of the Board of Directors of Key ASIC, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the following:

(i) proposed reduction of RM40,000,000 from the share premium account of the Company pursuant to Sections 60(2) and 64(1) of the Companies Act, 1965 (“Act”) (“Proposed Share Premium Reduction”);

(ii) proposed reduction of the issued and paid-up share capital of the Company pursuant to Section 64(1) of the Act involving the cancellation of RM0.05 of the par value of the ordinary share of RM0.10 each in Key ASIC to RM0.05 each in Key ASIC (“Proposed Par Value Reduction”); and

(iii) proposed amendment to the Memorandum of Association of the Company to facilitate the Proposed Par Value Reduction (“Proposed Amendment”).

Please refer to the attachment for further details of the Proposals.

This announcement is dated 29 September 2014.



No comments:

Post a Comment