September 29, 2014

Company announcements: GHLSYS, INIX, GENETEC, FLONIC, FOCUS

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

Announcement Type: General Announcement
Company NameGHL SYSTEMS BERHAD  
Stock Name GHLSYS  
Date Announced29 Sept 2014  
CategoryGeneral Announcement
Reference NoCK-140929-43800

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company has received notification from Mr Ng King Kau, the Director of GHL Systems Berhad in relation to the disposal of shares, details of which are set out in the table below:-

Dealing

Description of Securities

Number of Shares Disposed

Price per share (RM)

% of Securities

26 September 2014

Ordinary Shares

300,000

1.222

0.07 (Direct)

This announcement is dated 29 September 2014.



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

Announcement Type: General Announcement
Company NameGHL SYSTEMS BERHAD  
Stock Name GHLSYS  
Date Announced29 Sept 2014  
CategoryGeneral Announcement
Reference NoCK-140929-44326

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company has received notification from Mr Fong Seow Kee, the Director of GHL Systems Berhad in relation to the disposal of shares, details of which are set out in the table below:-

Dealing

Description of Securities

Number of Shares Disposed

Price per share (RM)

% of Securities

26 September 2014

Ordinary Shares

415,400

1.19

0.10 (Direct)

This announcement is dated 29 September 2014.

We received the notice from the Director (Mr Fong Seow Kee) pursuant to Section 135 of the Companies Act, 1965 on 29 September 2014.



GHLSYS - Changes in Director's Interest (S135) - Fong Seow Kee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGHL SYSTEMS BERHAD  
Stock Name GHLSYS  
Date Announced29 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-140929-44633

Information Compiled By KLSE

Particulars of Director

NameFong Seow Kee
AddressNo. 5 Lengkok Setiabistari
Bukit Damansara
50490 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary shares of RM0.20 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
26/09/2014
415,400
1.190 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Consideration (if any)RM494,326.00 

Total no of securities after change

Direct (units)395,500 
Direct (%)0.09 
Indirect/deemed interest (units)423,450 
Indirect/deemed interest (%)0.1 
Date of notice26/09/2014

Remarks :
We received the notice from the Director (Mr Fong Seow Kee) pursuant to Section 135 of the Companies Act, 1965 on 29 September 2014.


GHLSYS - Changes in Director's Interest (S135) - Ng King Kau

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGHL SYSTEMS BERHAD  
Stock Name GHLSYS  
Date Announced29 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-140929-30EE8

Information Compiled By KLSE

Particulars of Director

NameNg King Kau
AddressNo. 7, Persiaran Damansara Endah
Damansara Heights
50490 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM0.20 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
26/09/2014
300,000
1.222 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect
Consideration (if any)RM366,600.00 

Total no of securities after change

Direct (units)
Direct (%) 
Indirect/deemed interest (units)
Indirect/deemed interest (%) 
Date of notice29/09/2014


INIX - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameINIX TECHNOLOGIES HOLDINGS BERHAD (ACE Market) 
Stock Name INIX  
Date Announced29 Sept 2014  
CategoryGeneral Announcement
Reference NoMI-140929-62828

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionINIX TECHNOLOGIES HOLDINGS BERHAD (“INIX” OR THE “COMPANY”)

I. PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 139,089,500 ORDINARY SHARES OF RM0.10 EACH IN INIX (“RIGHTS SHARES”) TOGETHER WITH UP TO 139,089,500 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE TOGETHER WITH ONE (1) WARRANT FOR EVERY ONE (1) ORDINARY SHARE OF RM0.10 EACH IN INIX (“INIX SHARE”) HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED RIGHTS ISSUE WITH WARRANTS”);

II. PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM25,000,000 COMPRISING 250,000,000 INIX SHARES TO RM100,000,000 COMPRISING 1,000,000,000 INIX SHARES AND THE AMENDMENTS TO THE MEMORANDUM OF ASSOCIATION OF THE COMPANY TO ACCOMMODATE THE INCREASE IN THE AUTHORISED SHARE CAPITAL (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”); AND

III. PROPOSED ACQUISITION OF 51,000 ORDINARY SHARES OF INDONESIAN RUPIAH (“IDR”) 10,000 EACH IN PT DAYA PUTRA SUKAPURA (“PT DAYA”) REPRESENTING 51% EQUITY INTEREST IN PT DAYA FOR A CASH CONSIDERATION OF UP TO RM7,000,000 (“PROPOSED ACQUISITION”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

The terms used herein shall, unless the context states otherwise, bear the same meaning as defined in the announcement dated 15 May 2014 in relation to the Proposals.

We refer to the announcements dated 15 May 2014 and 14 July 2014 in relation to the Proposals.


On behalf of the Board, RHBIB wishes to announce that the Company and Tedianto had executed the SHA. Under clause 3.1.6 of the SSA, the executed SHA shall be held in escrow by Messrs Jeff Leong, Poon & Wong until the completion of the SSA whereby the SHA shall then be dated and stamped.

This announcement is dated 29 September 2014.



GENETEC - OTHERS NEW ORDERS SECURED BY GENETEC TECHNOLOGY BERHAD

Announcement Type: General Announcement
Company NameGENETEC TECHNOLOGY BERHAD (ACE Market) 
Stock Name GENETEC  
Date Announced29 Sept 2014  
CategoryGeneral Announcement
Reference NoGT-140926-39032

TypeAnnouncement
SubjectOTHERS
DescriptionNEW ORDERS SECURED BY GENETEC TECHNOLOGY BERHAD

Introduction

Genetec Technology Berhad (“Genetec” or “the Company”) is pleased to announce that the Group has secured new orders worth RM41.9 million.

 

The new secured orders are from the existing clients who are global players in the following industries:

 

 

Industry

Amount (RM Mil)

1

Electronics, Semiconductor and Hard Disk Drive

 15.9

2

Automotive

 25.6

3

Others (i.e. Pharmaceutical & etc)

 0.4

 

Total

41.9

 

Directors’ and major shareholders’ interest

None of the directors or major shareholders of Genetec, or any persons connected to them, has any direct or indirect interest in the above secured orders.

 

Effects of the secured orders

The secured orders are expected to contribute positively to Genetec’s earnings for the financial year ending 31 March 2015.

 

The secured orders are not expected to have any material effect on the net assets per share of the Company for the financial year ending 31 March 2015.

 

Additional information

The tenure of the contracts normally range from three to nine months depending on the size of order and scope of work.

 

The contracts are on project basis and we do not foresee any risk pertaining to new secured orders.

 

This announcement is dated 29 September 2014.



FLONIC - Important Relevant Dates for Renounceable Rights

Announcement Type: Important Relevant Dates for Renounceable Rights
Company NameFLONIC HI-TEC BHD (ACE Market) 
Stock Name FLONIC  
Date Announced29 Sept 2014  
CategoryImportant Relevant Dates for Renounceable Rights
Reference NoOS-140926-40582

Title / DescriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 524,902,678 NEW ORDINARY SHARES OF RM0.05 EACH IN FLONIC (“RIGHTS SHARES”) TOGETHER WITH UP TO 349,935,118 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.05 EACH IN FLONIC TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE
Despatch Date17/10/2014
Date for commencement of trading of the rights16/10/2014
Date for despatch of abridged prospectus and subscription forms17/10/2014
Date for cessation of trading of the rights24/10/2014
Date for announcement of final subscription result and basis of allotment of excess Rights Securities07/11/2014
Listing date of the Rights Securities14/11/2014

Last date and time forDateTime
Sale of provisional allotment of rights23/10/2014
at
05:00:00 PM
Transfer of provisional allotment of rights28/10/2014
at
04:00:00 PM
Acceptance and payment31/10/2014
at
05:00:00 PM
Excess share application and payment31/10/2014
at
05:00:00 PM

Rights Securities will be listed and quoted as the existing securities of the same class:
Yes 
Other important dates as the listed issuer may deem appropriate:
The last date and time for acceptance and payment as well as the last date and time for excess application and payment may be extended as the Board of Directors of Flonic may decide and announce not less than 2 market days before the stipulated date and time.

This announcement is dated 29 September 2014. 


FLONIC - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameFLONIC HI-TEC BHD (ACE Market) 
Stock Name FLONIC  
Date Announced29 Sept 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-140926-40824

EX-date13/10/2014
Entitlement date15/10/2014
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 524,902,678 NEW ORDINARY SHARES OF RM0.05 EACH IN FLONIC (“RIGHTS SHARES”) TOGETHER WITH UP TO 349,935,118 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.05 EACH IN FLONIC TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noShareWorks Sdn Bhd

No. 10-1, Jalan Sri Hartamas 8
Sri Hartamas
50480 Kuala Lumpur
Telephone number: 03-6201 1120
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers15/10/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)524902678 
Entitlement indicatorRatio
Ratio 1 : 1
Rights Issues/Offer Price 0.07

Remarks :
Shareholders' approval for the Rights Issue with Warrants was obtained on 29 August 2014.

The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as "Documents") in relation to the Rights Issue with Warrants will be despatched on 17 October 2014 to the entitled shareholders of Flonic whose name appear on the Record of Depositors of Flonic on 15 October 2014.

The Documents will not be registered under any legislation of any foreign jurisdiction, and the Rights Issue with Warrants will not be made or offered in any foreign jurisdiction. Accordingly, the Documents will not be sent to foreign entitled shareholders of Flonic:
(i) who do not have a registered address in Malaysia in the Record of Depositors; or
(ii) who have not provided the Share Registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 15 October 2014, being the entitlement date for the Rights Issue with Warrants.

This announcement is dated 29 September 2014.


FLONIC - OTHERS FLONIC HI-TEC BHD ("Flonic" or "the Company") • ACQUISITION OF 300,000 ORDINARY SHARES OF RM1.00 EACH IN JIWA HOLDINGS SDN BHD REPRESENTING 30% EQUITY INTEREST IN JIWA BY FLONIC FOR A TOTAL CASH CONSIDERATION OF RM3.75 MILLION (“ACQUISITION”); • OPTION TO ACQUIRE AN ADDITIONAL 210,000 JIWA SHARES REPRESENTING 21% EQUITY INTEREST IN JIWA FOR A TOTAL PURCHASE CONSIDERATION OF RM2,625,000 VIA A MODE OF SATISFACTION TO BE DETERMINED (“OPTION”); AND • DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF FLONIC AND ITS SUBSIDIARIES TO INCLUDE PROJECT MANAGEMENT, INTERIOR FIT OUT, MANUFACTURING AND TRADING IN WOOD FURNITURE (“DIVERSIFICATION”)

Announcement Type: General Announcement
Company NameFLONIC HI-TEC BHD (ACE Market) 
Stock Name FLONIC  
Date Announced29 Sept 2014  
CategoryGeneral Announcement
Reference NoCS-140929-53728

TypeAnnouncement
SubjectOTHERS
DescriptionFLONIC HI-TEC BHD ("Flonic" or "the Company")
• ACQUISITION OF 300,000 ORDINARY SHARES OF RM1.00 EACH IN JIWA HOLDINGS SDN BHD REPRESENTING 30% EQUITY INTEREST IN JIWA BY FLONIC FOR A TOTAL CASH CONSIDERATION OF RM3.75 MILLION (“ACQUISITION”);

• OPTION TO ACQUIRE AN ADDITIONAL 210,000 JIWA SHARES REPRESENTING 21% EQUITY INTEREST IN JIWA FOR A TOTAL PURCHASE CONSIDERATION OF RM2,625,000 VIA A MODE OF SATISFACTION TO BE DETERMINED (“OPTION”); AND

• DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF FLONIC AND ITS SUBSIDIARIES TO INCLUDE PROJECT MANAGEMENT, INTERIOR FIT OUT, MANUFACTURING AND TRADING IN WOOD FURNITURE (“DIVERSIFICATION”)

(All abbreviation used in this announcement are defined in the announcement dated 27 February 2014)

Further to the announcement made on 27 February 2014 pertaining to the above matter, the Board of Directors of Flonic hereby wish to inform that an extension of time of the Option Period for an additional three (3) calendar months for expiry at the end of the day of 31st January 2015 was agreed and confirmed by the Company with Mr. Harris Hans Chua and Mr. Roy Thean Chong Yew (“the Grantors”) on 29 September 2014.

This announcement is dated 29 September 2014.



FOCUS - Rights Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameFOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) 
Stock Name FOCUS  
Date Announced29 Sept 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-140722-42284

EX-date13/10/2014
Entitlement date15/10/2014
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRENOUNCEABLE RIGHTS ISSUE OF UP TO 449,143,740 NEW ORDINARY SHARES OF RM0.10 EACH IN FOCUS DYNAMICS TECHNOLOGIES BERHAD ("FOCUS") (“RIGHTS SHARES”) TOGETHER WITH UP TO 299,429,160 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 EACH IN FOCUS TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd

Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Telephone number: 03-2264 3883
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers15/10/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)449143740 
Entitlement indicatorRatio
Ratio 1 : 1
Rights Issues/Offer Price 0.1

Remarks :
Shareholders' approval for the Rights Issue with Warrants was obtained on 26 June 2014.
The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as “Documents”) in relation to the Rights Issue with Warrants will be despatched on 17 October 2014 to the entitled shareholders of FOCUS whose names appear on the Record of Depositors of FOCUS on 15 October 2014.
The Documents will not be registered under any legislation of any foreign jurisdiction, and the Rights Issue with Warrants will not be made or offered in any foreign jurisdiction. Accordingly, the Documents will not be sent to foreign entitled shareholders of FOCUS:
(i) who do not have a registered address in Malaysia in the Record of Depositors; or
(ii) who have not provided the Share Registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 15 October 2014, being the entitlement date for the Rights Issue with Warrants.

This announcement is dated 29 September 2014.


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