September 18, 2014

Company announcements: IRIS, MTOUCHE, SANICHI, MYETFDJ, MYETFID, AMBANK, TALAMT, KIANJOO, AEONCR, SCOMIEN

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

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoMB-140918-38172

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionPROPOSED DIVESTMENT OF 27,660,770 ORDINARY SHARES OF RM0.50 EACH IN VERSATILE CREATIVE BERHAD (“VCB”)(“VCB SHARES”), REPRESENTING 25% EQUITY INTEREST IN VCB, FOR A DISPOSAL CONSIDERATION OF APPROXIMATELY RM15.2 MILLION (“PROPOSED DIVESTMENT”)

This announcement is dated 18 September 2014.

 

Reference is made to the announcement dated 29 August 2014 and 3 September 2014 in relation to the Proposed Divestment (“Initial Announcements”).   

Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Initial Announcements.

 

On behalf of the Board of Directors of IRIS, AmInvestment Bank Berhad wishes to announce that the Proposed Divestment has been completed today following the disposal of 27,660,770 VCB Shares held by IRIS Healthcare Sdn Bhd (“IHSB”) (a wholly-owned subsidiary of IRIS) to RHSB.

Pursuant thereto, IRIS' shareholdings in VCB (held via IHSB) is reduced from 71,470,815 VCB Shares (64.6%) to 43,810,045 VCB Shares (39.6%). Accordingly, VCB ceases to be a subsidiary of IHSB.

 

 



MTOUCHE - OTHERS mTOUCHE TECHNOLOGY BERHAD (“THE COMPANY” OR “mTouche”) - Technology Licensing Agreement entered into between the Company and Frontier Novatur Sdn. Bhd., a wholly-owned subsidiary of MIMOS Berhad

Announcement Type: General Announcement
Company NameMTOUCHE TECHNOLOGY BERHAD (ACE Market) 
Stock Name MTOUCHE  
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoCA-140918-66234

TypeAnnouncement
SubjectOTHERS
DescriptionmTOUCHE TECHNOLOGY BERHAD (“THE COMPANY” OR “mTouche”)
- Technology Licensing Agreement entered into between the Company and Frontier Novatur Sdn. Bhd., a wholly-owned subsidiary of MIMOS Berhad

We refer to the Company’s announcement dated 11 July 2014 in relation to the acceptance of a Term Sheet with Frontier Novatur Sdn. Bhd. The Term Sheet, once accepted, is binding pending the execution of a definitive Technology Licensing Agreement between Frontier Novatur Sdn. Bhd. and mTouche within a period of three (3) months from the date of the acceptance of the Term Sheet.

Introduction

The Board of Directors of mTouche is pleased to announce that mTouche Technology Berhad (“Licensee”) had executed a Technology Licensing Agreement (“TLA”) with Frontier Novatur Sdn. Bhd (“FNSB”), a wholly-owned subsidiary of MIMOS Berhad, within a period of three (3) months from the date of the acceptance of the Term Sheet signed with FNSB for FNSB to grant a licence to the Licensee and the Licensee is willing to accept from FNSB, a licence to the technology(ies) developed by MIMOS Berhad as follow for a period of three (3) years (“Agreement Term”), based on the terms and condition as stated therein:-

Technology Name

Description of MIMOS Technology

Mi-Mobile 1.0

Enterprise Mobility Platform

Mi-ESB 3.0

Enterprise Service Bus

Mi-Trust 3.0

Trusted Platform

(collectively referred to as “MIMOS Technology”)

Special Terms and Conditions

(i) During the Agreement Term, updates of the MIMOS Technology will be provided to the Licensee at no additional cost provided the Licensee is not in breach or default of any obligations in the TLA.

(ii) The Licensee fully understands that some functionality of the MIMOS Technology is dependent on proprietary third party technologies that do not belong to nor are controlled by FNSB and as such are not part of this License. Licensee further understands that if Licensee requires the full functionality of the MIMOS Technology, Licensee will have to obtain the rights to use the said third party technologies from the relevant third party proprietors. FNSB shall identify for the Licensee the said third party technologies and their proprietors.

Termination

The TLA could be terminated by neither party other than as expressly provided for in this TLA nor as may otherwise be mutually agreed between FNSB and the Company

Effect of TLA

The TLA is expected to contribute positively to mTouche Group’s earnings for the financial year ending 31 December 2014. However, the signing of this TLA will not have any effect on the net assets, share capital and shareholdings structure of mTouche.

The Company does not foresee any exceptional risk other than the normal operational risk associated with the signing of this TLA.

Directors’ and Major Shareholders’ Interets

None of the Directors or major shareholders or persons connected to the Directors or Major Shareholders has any direct or indirect interest in the TLA.

This announcement is dated 18 September 2014.



SANICHI - Changes in Sub. S-hldr's Int. (29B) - HERBERT TUCAKOVIC (Amended Announcement)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSANICHI TECHNOLOGY BERHAD (ACE Market) 
Stock Name SANICHI  
Date Announced18 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-140918-50D34

Particulars of substantial Securities Holder

NameHERBERT TUCAKOVIC
AddressPLO 135 JALAN CYBER 5
KAWASAN PERINDUSTRIAN SENAI
FASA 3, 81400 SENAI
JOHOR DARUL TAKZIM
NRIC/Passport No/Company No.CG56GK49T
Nationality/Country of incorporationGERMAN
Descriptions (Class & nominal value)ORDINARY RIGHTS - RENOUNCEABLE RIGHTS ISSUE OF UP TO 644,891,820 ORDINARY SHARES OF RM0.10 EACH IN SANICHI ("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 TRADED ON BURSA MALAYSIA SECURITIES BHD BETWEEN THE PERIOD 2 SEPTEMBER 2014 TO 8 SEPTEMBER 2014.
Name & address of registered holderTASEC NOMINEES (ASING) SDN BHD
TA CAPITAL SDN BHD FOR HERBERT TUCAKOVIC
14TH FLOOR MENARA TA ONE
22 JALAN P RAMLEE
50250 KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed02/09/2014
60,000,000
 

Circumstances by reason of which change has occurredSOLD IN OFF MARKET DEAL
Nature of interestDIRECT
Direct (units) 
Direct (%)5.75 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change30,000,000
Date of notice02/09/2014

Remarks :
(A) TOTAL NO. OF ORDINARY RIGHTS AFTER CHANGE - 30,000,000

(B) NO. OF ORDINARY SHARES OF RM0.10 IN THE NAME OF TASEC
NOMINEES (ASING) SDN BHD (TA CAPITAL SDN BHD FOR
HERBERT TUCAKOVIC) - 60,000,000


MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25  
Stock Name MYETFDJ  
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoMD-140918-67762

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 18-09-2014
Fund: MYETFDJ
NAV per unit (RM): 1.1679
Units in Circulation (units): 251,900,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.05
License Fee (%p.a): 0.04
DJIM25 Index: 1,030.25

 



MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoMM-140918-67907

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 18-09-2014
Fund: MYETFID
NAV per unit (RM): 1.0509
Units in Circulation (units): 21,600,000
Manager's Fee (%p.a): 0.40
Trustee's Fee (%p.a): 0.045
License Fee (%p.a): 0.06
MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,405.31

 



AMBANK - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced18 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAH-140918-9F7E5

Particulars of substantial Securities Holder

NameEmployees Provident Fund Board
AddressTingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
[Acquisition of 3,572,300 shares]

2. Employees Provident Fund Board

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (KIB)

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (MAYBAN)

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (KAF FM)

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)
[Acquisition of 610,000 shares]

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (CIMB PRI)
[Disposal of 567,300 shares]

8. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM)

9. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (TEMPLETON)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired12/09/2014
4,182,300
 
Disposed12/09/2014
567,300
 

Circumstances by reason of which change has occurredAcquisition and disposal of shares.
Nature of interestDirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change419,833,437
Date of notice15/09/2014

Remarks :
This notice was received on 18 September 2014.


TALAMT - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement
Company NameTALAM TRANSFORM BERHAD  
Stock Name TALAMT  
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoTT-140918-9D047

TypeAnnouncement
SubjectMEMORANDUM OF UNDERSTANDING
DescriptionTALAM TRANSFORM BERHAD (“TTB” or “the Company”)

MEMORANDUM OF UNDERSTANDING BETWEEN KUMPULAN EUROPLUS BERHAD AND TAN SRI DATO’ (DR) IR CHAN AH CHYE @ CHAN CHONG YOON

Further to our announcement made on 21 August 2014, the Company has been informed today by Tan Sri Dato’ (Dr) Ir Chan Ah Chye @ Chan Chong Yoon (“TSCAC”), a Director and substantial shareholder of the Company, that Kumpulan Europlus Berhad (“KEB”) and TSCAC have agreed to extend the execution of a sale and purchase agreement in relation to the proposed acquisition of 840,000,000 ordinary shares in TTB by TSCAC from KEB, by another four (4) weeks ie. until 16 October 2014.

This announcement is dated 18 September 2014.




KIANJOO - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameKIAN JOO CAN FACTORY BERHAD  
Stock Name KIANJOO  
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoKJ-140918-97E9D

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionKIAN JOO CAN FACTORY BERHAD (“Kian Joo”)

Kuala Lumpur High Court Suit No. 22NCC-294-08/2014
See Teow Koon (“Plaintiff”)
-versus-
Kian Joo Can Factory Berhad (“Defendant”)

We refer to our announcement dated 27 August 2014 in respect of the above matter.

Kian Joo has filed and served its Defence in respect of the above suit. At the case management today, the Kuala Lumpur High Court ("the Court") has given the Plaintiff until 2 October 2014 to file his Reply. The next case management has been fixed by the Court for 20 October 2014 for parties to comply with the pre-trial directions of court.


This announcement is dated 18 September 2014.

 

 

 

 



AEONCR - Consolidated results for the financial period ended 20/8/2014

Announcement Type: Financial Results
Company NameAEON CREDIT SERVICE (M) BERHAD  
Stock Name AEONCR  
Date Announced18 Sept 2014  
CategoryFinancial Results
Reference NoCC-140915-12A24

Financial Year End20/02/2015
QuarterOther
Quarterly report for the financial period ended20/08/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
20/08/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
Three Mths
Three Mths
Six Mths
Six Mths
21/05/2014
21/05/2013
21/02/2014
21/02/2013
To
20/08/2014
To
20/08/2013
To
20/08/2014
To
20/08/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
209,316
162,868
410,216
306,739
2Profit/(loss) before tax
63,487
57,176
139,004
113,210
3Profit/(loss) for the period
47,431
43,136
103,713
84,479
4Profit/(loss) attributable to ordinary equity holders of the parent
47,431
43,136
103,713
84,479
5Basic earnings/(loss) per share (Subunit)
32.94
29.96
72.02
58.67
6Proposed/Declared dividend per share (Subunit)
27.40
0.00
27.40
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 ($$)
4.2700
3.7900

Remarks :
The Board of Directors has declared an interim single tier dividend of 27.40 sen per ordinary share of RM0.50 each for the financial year ending 20 February 2015.
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


SCOMIEN - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameSCOMI ENGINEERING BHD  
Stock Name SCOMIEN  
Date Announced18 Sept 2014  
CategoryChange in Audit Committee
Reference NoSE-140918-61545

Date of change18/09/2014
NameEdlin Bin Ghazaly
Age49
NationalityMalaysian
Type of changeResignation
DesignationMember of Audit Committee
DirectorateIndependent & Non Executive
QualificationsHe obtained a Law Degree from the International Islamic University Malaysia in 1989. 
Working experience and occupation He has been in the legal profession for about 24 years. His expertise lies in the law relating to Hire Purchase, Banking and Corporate, IT-related and Islamic Loan documentations and Joint Ventures. He now takes on mainly advisory function, counseling companies on their corporate maneuvers and strategic moves, locally and in cross-border negotiations. He also familiar in real estate transactions in private and commercial deals. 
Directorship of public companies (if any)Astral Supreme Berhad 
Family relationship with any director and/or major shareholder of the listed issuerNone. 
Any conflict of interests that he/she has with the listed issuerNone. 
Details of any interest in the securities of the listed issuer or its subsidiaries(i) direct Interest : 300,000 ordinary shares of RM1.00 each;
(ii) Options granted pursuant to the Company’s Employees’ Share Option Scheme (units) : 300,000 @ RM1.00 each. 
Composition of Audit Committee (Name and Directorate of members after change)The Audit and Risk Management Committee shall comprise the following with effect 18 September 2014:

1. Dato’ Ikmal Hijaz bin Hashim – Chairman (Independent Non-Executive Director)
2. Loong Chun Nee (Non-Independent Non-Executive Director)


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