September 30, 2014

Company announcements: OSKVI, FLONIC-WA, TDEX, MYEG, CIMBA40, CIMBC50, MISC, TSRCAP, PENERGY, WASEONG

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

Announcement Type: General Announcement
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoCS-140929-54957

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionOSK VENTURES INTERNATIONAL BERHAD ("OSKVI" or "the Company")
- DEALINGS IN SECURITIES OF OSKVI OUTSIDE CLOSED PERIOD PURSUANT TO RULE 14.09 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Rule 14.09 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Tan Sri Ong Leong Huat @ Wong Joo Hwa, the Non-Independent Non-Executive Director of the Company, had given notice of his indirect dealings in the securities of OSKVI outside closed period, details as set out in the table below:-

Ordinary Shares of RM0.50 each

Date of Transaction

No. of shares acquired/
(disposed)

Percentage (%)

Price per Share (RM)

25.09.2014

1,900,000

0.97

0.6061

Note:

Acquisition of shares through open market by OSK Equity Holdings Sdn. Bhd.

This announcement is dated 30 September 2014.

 



FLONIC-WA - Others

Announcement Type: Entitlements (Notice of Book Closure)
Company NameFLONIC HI-TEC BHD (ACE Market) 
Stock Name FLONIC-WA  
Date Announced30 Sept 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-140930-F6097

EX-date13/10/2014
Entitlement date15/10/2014
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionLISTING OF UP TO 8,353,428 NEW WARRANTS 2012/2017 ARISING FROM ADJUSTMENT TO THE NUMBER OF OUTSTANDING WARRANTS 2012/2017 OF FLONIC HI-TEC BHD HELD AT 5.00 P.M. ON 15 OCTOBER 2014 PURSUANT TO 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)8353428 
Entitlement indicatorRatio
Ratio 1 : 15
Rights Issues/Offer Price 0

Remarks :
Approval from Bursa Malaysia Securities for the adjustment of Warrants 2012/2017 was obtained on 16 July 2014. Shareholders' approval for the Rights Issue with Warrants was obtained on 29 August 2014.

The additional Warrants 2012/2017 shall be allotted to entitled warrantholders of Flonic whose name appear on the Record of Depositors of Flonic on 15 October 2014.

The notice of allotment shall be despatched to warrantholders on 11 November 2014. The additional warrants shall be listed on 14 November 2014 in conjunction with the completion of the Rights Issue with Warrants.

This announcement is dated 30 September 2014.


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

Announcement Type: General Announcement
Company NameTECHNODEX BHD (ACE Market) 
Stock Name TDEX  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoOS-140930-59626

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionTECHNODEX BHD (“TDEX” OR THE “COMPANY”)

HEADS OF AGREEMENT BETWEEN TDEX, CHONG ENG YEAU AND PANG KIM HUAY IN RELATION TO THE PROPOSED INVESTMENT OF 55% EQUITY INTEREST IN ZEAL SYSTEMS (M) SDN. BHD., MYZSM SDN. BHD. AND E-TECH IT SOLUTION PTE. LTD. (“PROPOSED SUBSCRIPTION”)

We refer to the Company’s announcements dated 7 May 2014 and 4 July 2014 in relation to the Proposed Subscription (“Announcements”).

Unless otherwise defined, all abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the Announcements.

Pursuant to the Heads of Agreement (“HOA”) entered into between TDEX, Chong Eng Yeau and Pang Kim Huay and the parties' mutual agreement to extend the exclusivity period up to 30 September 2014 (annoucned on 4 July 2014) (being the last date to execute the Definitive Agreements and the period to undertake the Due Diligence) expires on 30 September 2014 (“Extended Expiry Date”).

In view that the above has not been met by the Extended Expiry Date, on behalf of the Board of Directors of TDEX, TA Securities Holdings Berhad wishes to announce that the HOA has lapsed.

This announcement is dated 30 September 2014.



MYEG - OTHERS MY E.G. SERVICES BERHAD (“MYEG” OR THE “COMPANY”) - UPDATE - Shah Alam High Court Suit (No. 22 NCVC-267-05/2014) - Writ Summons and Statement of Claim served on MYEG by GST Smart Solutions Sdn Bhd, Loo Chee How and Teoh Chee Hooi

Announcement Type: General Announcement
Company NameMY E.G. SERVICES BERHAD  
Stock Name MYEG  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoCC-140930-4FE58

TypeAnnouncement
SubjectOTHERS
DescriptionMY E.G. SERVICES BERHAD (“MYEG” OR THE “COMPANY”) - UPDATE
- Shah Alam High Court Suit (No. 22 NCVC-267-05/2014)
- Writ Summons and Statement of Claim served on MYEG by GST Smart Solutions Sdn Bhd, Loo Chee How and Teoh Chee Hooi

(Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the announcement dated 13 June 2014 in relation to the above matter.) 

Further to the announcement made by the Company on 13 June 2014 in relation to the Writ Summons and Statement of Claim served on MYEG by GST Smart Solutions Sdn Bhd, Loo Chee How and Teoh Chee Hooi (collectively referred to as the "Plaintiffs"), the Board of Directors of MYEG wishes to announce that on 30 September 2014 the Plaintiffs withdrew the claim and the Court therefore struck off the claim with cost of RM7,000.00 awarded to MYEG.

This announcement is dated 30 September 2014.

 

 

 

 

 

 

 



CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoOB-140930-8E276

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 30-Sep-2014
NAV per unit (RM): 1.7451
Units in circulation (units): 1,350,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 11,135.70

Attachments

Asean40.pdf
10 KB



CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 50  
Stock Name CIMBC50  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoOB-140930-8E263

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 50
Date: 30-Sep-2014
NAV per unit (RM): 1.0212
Units in circulation (units): 9,750,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 16,599.22

Attachments

China50.pdf
124 KB



MISC - 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 NameMISC BERHAD  
Stock Name MISC  
Date Announced30 Sept 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMM-140930-A66FA

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

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired24/09/2014
374,000
 

Circumstances by reason of which change has occurredAcquisition of Shares
Nature of interestDirect
Direct (units)328,117,611 
Direct (%)7.35 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change328,117,611
Date of notice25/09/2014

Remarks :
The notice was received on 30 September 2014.

The total no. of direct interest of 328,117,611 shares consists of:-

(a) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board - 307,813,811 shares;

(b) Employees Provident Fund Board - 1,500,000 shares;

(c) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (HDBS) - 5,453,740 shares;

(d) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (AM INV) - 1,708,960 shares;

(e) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (Nomura) - 4,950,000 shares;

(f) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (CIMB PRI) (Acquired 374,000 shares) - 4,033,400 shares

(g) Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident FD BD (F Templeton) - 2,657,700 shares


TSRCAP - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameTSR CAPITAL BERHAD  
Stock Name TSRCAP  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoMI-140929-50218

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionTSR CAPITAL BERHAD (“TSR” OR THE “COMPANY”)

I. PROPOSED PRIVATE PLACEMENT;
II. PROPOSED SHARE CAPITAL REDUCTION;
III. PROPOSED RIGHTS ISSUE WITH WARRANTS;
IV. PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
V. PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the previous announcements in relation to the Proposals.

We refer to the previous announcements in relation to the Proposals.

On behalf of the Board of Directors of TSR, RHB Investment Bank wishes to announce that the listing application for the listing of and quotation for the Rights Shares and Warrants, and the new TSR Shares to be issued pursuant to the exercise of the Warrants on the Main Market of Bursa Securities in relation to the Proposed Rights Issue with Warrants has been submitted to Bursa Securities on 30 September 2014.

 

This announcement is dated 30 September 2014.



PENERGY - OTHERS AWARD OF CONTRACT PROVISION OF HOOK UP, COMMISSION AND TOPSIDE MAJOR MAINTENANCE SERVICES FOR 2013 TO 2018, ACTIVATION OF TMM SERVICE FOR SABAH REGION BY PETRONAS CARIGALI SDN. BHD.

Announcement Type: General Announcement
Company NamePETRA ENERGY BERHAD  
Stock Name PENERGY  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoCS-140924-42508

TypeAnnouncement
SubjectOTHERS
DescriptionAWARD OF CONTRACT PROVISION OF HOOK UP, COMMISSION AND TOPSIDE MAJOR MAINTENANCE SERVICES FOR 2013 TO 2018, ACTIVATION OF TMM SERVICE FOR SABAH REGION BY PETRONAS CARIGALI SDN. BHD.

1. INTRODUCTION


Reference is made to the Company’s announcement dated 29 May 2013 in relation to THE PROVISION OF HOOK UP, COMMISSION AND TOPSIDE MAJOR MAINTENANCE SERVICES FOR 2013 TO 2018 contract.

PETRA ENERGY BHD is pleased to announce that its wholly-owned subsidiary company, PETRA RESOURCES SDN BHD, has been awarded by PETRONAS Carigali Sdn. Bhd. (“PCSB”) for early activation of the TOPSIDE MAJOR MAINTENANCE SERVICES (TMM) for Sabah Operation effective from 4th July 2014 until 20 May 2018.


2. VALUE AND DURATION OF THE CONTRACT

The Contract was first awarded on 21 May 2013 for five years (5) effective from 21 May 2013 and will expire on 20 May 2018. The TMM Services was originally scheduled to commence in February 2016. However, both parties have now agreed for an early activation of the TMM Services effective from 4th July 2014 until 20 May 2018.

There is no firm contract value for the TMM Services as the Contract is on a ‘call-out’ basis whereby work orders will be issued at the discretion of the client (“PCSB”) based on the schedule of rates as set forth in the Contract.

3. RISK FACTORS

Risk factors affecting the award include execution risks such as availability of skilled manpower and materials, changes in prices of materials, changes in political, economic and regulatory conditions. Throughout the years, PETRA ENERGY BHD has established its track record and expertise to undertake these projects. Notwithstanding this, PETRA ENERGY BHD shall ensure strict compliance to the safety and operational procedures in the execution of contract requirements.

4. FINANCIAL EFFECTS

The early activation of the TMM Services will have no effect on the issued and paid-up capital of the Company or the shareholdings of the Company’s substantial shareholders. The early activation of the TMM Services also is not expected to have any material effect on the net assets and gearing of PETRA ENERGY BHD but is anticipated to contribute positively to the earnings for the financial year ending 31 December 2014.

5. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of PETRA ENERGY BHD have any direct or indirect interest, in the Contract.

6. DIRECTORS’ STATEMENT

The Board of Directors of the Company is of the opinion that the acceptance of the TMM activation scope of the Contract is in the best interest of the Company.


This announcement is dated 30 September 2014.



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

Announcement Type: General Announcement
Company NameWAH SEONG CORPORATION BERHAD  
Stock Name WASEONG  
Date Announced30 Sept 2014  
CategoryGeneral Announcement
Reference NoWS-140930-80CE2

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionWAH SEONG CORPORATION BERHAD (“THE COMPANY” OR “WSC”)
- MEMBERS’ VOLUNTARY WINDING UP OF GAS SERVICES INTERNATIONAL (M) SDN BHD, AN INDIRECT 70%-OWNED SUBSIDIARY OF THE COMPANY

The Board of Directors of WSC wishes to announce that the shareholders of Gas Services International (M) Sdn Bhd (“GSIM”) an indirect 70%-owned subsidiary of the Company had at its Extraordinary General Meeting held on 30 September 2014, inter-alia, approved the special resolution to wind up GSIM by way of the Members’ Voluntary Winding Up (“Members’ Voluntary Winding Up”).

In order to facilitate the Members’ Voluntary Winding Up, Mr Ng Eng Kiat and Ms Khoo Pek Ling of Folks Corporate Services Sdn Bhd of Suite 1102, 11th Floor, Wisma Tun Sambanthan, No. 2, Jalan Sultan Sulaiman, 50000 Kuala Lumpur, Wilayah Persekutuan have been appointed as the Liquidators for GSIM.


GSIM was incorporated on 16 June 2006 under the Companies Act, 1965 with an authorised share capital of RM100,000.00 comprising 100,000 ordinary shares of RM1.00 each and its issued and paid-up share capital is RM100,000.00 comprising 100,000 ordinary shares of RM1.00 each. The principal activity of GSIM was leasing of plant and equipment, part sales and provision of operation and maintenance, and other related services to the oil and gas industry. GSIM is a 70%-owned subsidiary of Wasco Engineering Group Limited which in turn is an indirect 70%-owned subsidiary of WSC.


The Members’ Voluntary Winding Up will not have any effect on the share capital and shareholdings of the substantial shareholders of WSC and will not have any financial impact on the gearing, earnings and net assets of WSC Group for the financial year ending 31 December 2014.


None of the Directors, major shareholders of WSC and/or persons connected to them have any interest, direct or indirect, in the Members’ Voluntary Winding Up.


This announcement is dated 30 September 2014.




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