September 30, 2014

Company announcements: OSKVI, ETITECH, EXTOL, MYETFDJ, MYETFID, AMBANK, KULIM, KLK

OSKVI - Changes in Director's Interest (S135) - Tan Sri Ong Leong Huat @ Wong Joo Hwa

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 Announced30 Sept 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCS-140929-57085

Information Compiled By KLSE

Particulars of Director

NameTan Sri Ong Leong Huat @ Wong Joo Hwa
Address21, Persiaran Basong, Damansara Heights, 50490 Kuala Lumpur
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)
Acquired
25/09/2014
1,900,000
0.606 

Circumstances by reason of which change has occurredAcquisition of shares through open market by OSK Equity Holdings Sdn. Bhd.
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)118,176,673 
Indirect/deemed interest (%)60.38 
Date of notice30/09/2014

Remarks :
The indirect interests of Tan Sri Ong Leong Huat @ Wong Joo Hwa are as follows:-

Puan Sri Khor Chai Moi - 1,505,422
(Deemed interested by virtue of his spouse's shareholding in the Company)

Ong Ju Xing - 79,968
Ong Yee Min - 126,948
Ong Yin Suen - 144,457
Ong Ju Yan - 443,869
Ong Yee Ching - 1,060,678
(Deemed interested by virtue of his children's shareholdings in the Company)

OSK Equity Holdings Sdn. Bhd. - 114,351,930
OSK Holdings Berhad - 463,401
(Deemed interested pursuant to Section 6A of the Companies Act, 1965)


ETITECH - Consolidated results for the financial period ended 31/7/2014

Announcement Type: Financial Results
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced30 Sept 2014  
CategoryFinancial Results
Reference NoCC-140925-50210

Financial Year End31/07/2014
QuarterOther
Quarterly report for the financial period ended31/07/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/07/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
Three Mths
Three Mths
Seventeen Mths
Eighteen Mths
01/05/2014
01/05/2013
01/03/2013
01/09/2011
To
31/07/2014
To
31/07/2013
To
31/07/2014
To
28/02/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
7,558
129
15,374
9,024
2Profit/(loss) before tax
-5,262
-2,408
-11,675
-38,825
3Profit/(loss) for the period
-5,262
-2,408
-11,675
-38,037
4Profit/(loss) attributable to ordinary equity holders of the parent
-5,262
-2,408
-11,674
-59,018
5Basic earnings/(loss) per share (Subunit)
-0.73
-0.34
-1.63
-5.46
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 ($$)
0.0600
0.0700
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


EXTOL - OTHERS EXTOL MSC BERHAD (“Extol” or “the Company”) - Internal Reorganisation within the Subsidiary Company of Extol

Announcement Type: General Announcement
Company NameEXTOL MSC BERHAD (ACE Market) 
Stock Name EXTOL  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140930-59574

TypeAnnouncement
SubjectOTHERS
DescriptionEXTOL MSC BERHAD (“Extol” or “the Company”)
- Internal Reorganisation within the Subsidiary Company of Extol

1. INTRODUCTION

The Board of Directors of Extol MSC Berhad (“Extol” or “the Company”) wishes to announce that the Company has embarked on an internal reorganisation exercise which involved a wholly-owned subsidiary of the Company i.e. Extol International Sdn Bhd (formerly known as Innodium Sdn Bhd)(“Extol International”).

2. INFORMATION ON EXTOL INTERNATIONAL

Extol Interntional was incorporated in Malaysia on 24 October 2002 with the authorised share capital of RM5,000,000.00 divided into 5,000,000 ordinary shares of RM1.00 each. The present issued and paid-up share capital of Extol International is RM1,225,000.00 divided into One Million Two Hundred Twenty Five Thousand (1,225,000) ordinary shares of RM1.00 each. Extol International’s principal business activity is dealing with software development and trading in software products..

Extol International is a wholly-owned subsidiary of the Company.

3. RATIONALE OF THE INTERNAL REORGANISATION

The internal reorganisation, with effective on 30 September 2014, involves the transfer of the entire issued and paid up share capital held by Extol Ventures Sdn Bhd, a wholly-owned subsidiary of the Company to Extol, at the total consideration of RM1,225,000.00 only. Hence, upon completion of the internal reorganisation, Extol International has now become a direct wholly-owned subsidiary of Extol.

The internal reorganisation would enable the Company to reorganise its subsidiary companies for better reporting and control.

4. EFFECTS OF THE INTERNAL REORGANISATION

The internal reorganisation will not have any impact on the issued and paid-up share capital of the Company or the shareholdings of the substantial shareholders of the Company. The internal reorganisation would not have any impact on the gearing, net assets per share and earnings per share of Extol for the financial year ending 31 December 2014.

5. APPROVALS REQUIRED

The internal reorganisation is not subject to the approval of the shareholders of Extol or regulatory authorities.

6. INTERESTS OF DIRECTORS AND MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED WITH A DIRECTOR OR MAJOR SHAREHOLDER

None of the Directors and/or major shareholders or persons connected to them has any interests, direct or indirect, in the internal reorganisation.

7. DIRECTORS’ STATEMENT

Having considered the rationale and the effects of the interntal reorganisation, the Board of Director of Extol is of the opinion that the internal reorganisation is in the best interest of the Company. 

This announcement is dated 30 September 2014.

 



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

Announcement Type: General Announcement
Company NameEXTOL MSC BERHAD (ACE Market) 
Stock Name EXTOL  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140930-8794B

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionEXTOL MSC BERHAD ("EXTOL" or "THE COMPANY")
- ACQUISITION OF NEW SUBSIDIARY

The Board of Directors of Extol MSC Berhad (“Extol” or “the Company”) wishes to announce that the Company had on 30 September 2014 acquired Two (2) ordinary shares of RM1.00 each in Extol Apps Sdn Bhd (Company No. 1111016-) (“Extol Apps”) from Mr Toh Hong Chye and Mr Wong Ngai Peow at a total consideration of RM2.00 (Ringgit Malaysia: Two) only (“Acquisition”). Following the Acquisition, Extol would hold 100.0% of the total issued and paid up capital of Extol Apps and Extol Apps would become a wholly-owned subsidiary of the Company.

Extol Apps was incorporated in Malaysia on 29 September 2014 with the authorised share capital of RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each. The present issued and paid-up share capital of Extol Apps is RM2.00 divided into two (2) ordinary shares of RM1.00 each. Extol Apps has not commenced business since its incorporation.The intended principal activity of Extol Apps is to deal with Information Technology Systems and Applications development related business.

The Acquisition is not expected to have any material effect on the earnings and net assets of the Company for the financial year ending 31 December 2014.

The Acquisition is not subject to the approval of the shareholders of the Company or other relevant authorities.

Except for Mr Toh Hong Chye (Executive Director of Extol) and Mr Wong Ngai Peow (Executive Director and Shareholder of Extol), and also the directors and shareholders of Extol Apps, none of the directors and/or major shareholders of the Company and/or persons connected with them has any interest, direct or indirect in the Acquisition.

This announcement is dated 30 September 2014.

 



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

Announcement Type: General Announcement
Company NameEXTOL MSC BERHAD (ACE Market) 
Stock Name EXTOL  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140930-87958

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionEXTOL MSC BERHAD ("EXTOL" or "THE COMPANY")
- ACQUISITION OF NEW SUBSIDIARY

The Board of Directors of Extol MSC Berhad (“Extol” or “the Company”) wishes to announce that the Company had on 30 September 2014 acquired Two (2) ordinary shares of RM1.00 each in Extol IP Sdn Bhd (Company No. 1108330-W) (“Extol IP”) from Mr Toh Hong Chye and Mr Wong Ngai Peow at a total consideration of RM2.00 (Ringgit Malaysia: Two) only (“Acquisition”). Following the Acquisition, Extol would hold 100.0% of the total issued and paid up capital of Extol IP and Extol IP would become a wholly-owned subsidiary of the Company.

Extol IP was incorporated in Malaysia on 9 September 2014 with the authorised share capital of RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each. The present issued and paid-up share capital of Extol IP is RM2.00 divided into two (2) ordinary shares of RM1.00 each. Extol IP has not commenced business since its incorporation. The intended principal activity of Extol IP is Intellectual Property Rights and related services.

The Acquisition is not expected to have any material effect on the earnings and net assets of the Company for the financial year ending 31 December 2014.

The Acquisition is not subject to the approval of the shareholders of the Company or other relevant authorities.

Except for Mr Toh Hong Chye (Executive Director of Extol) and Mr Wong Ngai Peow (Executive Director and Shareholder of Extol), and also the directors and shareholders of Extol IP, none of the directors and/or major shareholders of the Company and/or persons connected with them has any interest, direct or indirect in the Acquisition.

This announcement is dated 30 September 2014.

 



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 Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoMD-140930-67705

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 - Valuation Point as at 30-09-2014
Fund: MYETFDJ
NAV per unit (RM): 1.1756
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: 1,034.90

 



MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameMYETF MSCI MALAYSIA ISLAMIC DIVIDEND  
Stock Name MYETFID  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoMM-140930-67868

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionMYETF MSCI MALAYSIA ISLAMIC DIVIDEND - Valuation Point as at 30-09-2014
Fund: MYETFID
NAV per unit (RM): 1.0686
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: 2,440.11

 



AMBANK - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoAH-140930-62264

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionAMMB Holdings Berhad
- Members’ Voluntary Winding Up of Subsidiaries

On 31 July 2013, AMMB Holdings Berhad announced that its following indirect wholly-owned dormant subsidiaries have commenced members’ voluntary winding-up:-

(i) AmCredit & Leasing Sdn Bhd;

(ii) AMMB Factors Sdn Bhd;

(iii) AMMB Labuan (L) Ltd (incorporated under the Labuan Companies Act 1990); and

(iv) AmCapital (L) Inc (incorporated under the Labuan Companies Act 1990)

Further thereto, we wish to inform that the dissolution of above four (4) subsidiaries by way of members’ voluntary winding-up have taken effect on 27 September 2014.

This announcement is dated 30 September 2014.



KULIM - OTHERS KULIM (MALAYSIA) BERHAD (“KULIM” OR THE “COMPANY”) POTENTIAL SALE OF ALL OF KULIM’S SHARES IN NEW BRITAIN PALM OIL LIMITED (“TRANSACTION”

Announcement Type: General Announcement
Company NameKULIM (MALAYSIA) BERHAD  
Stock Name KULIM  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoMI-140930-62672

TypeAnnouncement
SubjectOTHERS
DescriptionKULIM (MALAYSIA) BERHAD (“KULIM” OR THE “COMPANY”)

POTENTIAL SALE OF ALL OF KULIM’S SHARES IN NEW BRITAIN PALM OIL LIMITED (“TRANSACTION”

We refer to the announcement dated 31 July 2014 in relation to the above matter.

 

On behalf of the Board of Directors of Kulim (“Board”), RHB Investment Bank Berhad wishes to announce that following the expiry of the exclusivity period under the exclusivity agreement entered between Kulim and Sime Darby Berhad (“Sime Darby”), Kulim was on 30 September 2014 notified by Sime Darby of its decision not to pursue the Transaction.

 

In view of the above, the Board will consider another party for the Transaction. Further announcement, where required, will be made in due course.

 

This announcement is dated 30 September 2014.

 



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

Announcement Type: General Announcement
Company NameKUALA LUMPUR KEPONG BERHAD  
Stock Name KLK  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoKL-140924-8F7A2

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionKUALA LUMPUR KEPONG BERHAD (“KLK”)
– PROPOSED ACQUISITION OF SHARES IN TENSACHEM SA (“TensaChem”)

Further to our announcement dated 11 August 2014 in relation to the Proposed Acquisition of 100% equity interest of TensaChem, we wish to advise that the Proposed Acquisition has been completed.

Following such completion, TensaChem shall be a subsidiary of KLK.


 



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