IBHD-WA - Profile for Warrants (Amended Announcement)
| Company Name | I-BERHAD |
| Stock Name | IBHD-WA |
| Date Announced | 14 Oct 2014 |
| Category | Listing Information & Profile |
| Reference No | MM-141014-71335 |
| Instrument Type | Warrants |
| Description | Additional warrants to be issued pursuant to the Bonus Issue (as defined below) |
| Listing Date | 15/10/2014 |
| Issue Date | 14/10/2014 |
| Issue/ Ask Price | Not Applicable |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 68,691,813 |
| Maturity Date | 08/10/2019 |
| Revised Maturity Date | 08/10/2019 |
| Exercise/ Conversion Period | 5.00Year(s) |
| Revised Exercise/ Conversion Period |  |
| Exercise/Strike/Conversion Price | MYR 1.6900 |
| Revised Exercise/Strike/Conversion Price | MYR 1.4100 |
| Exercise/ Conversion Ratio | 1 Warrant : 1 ordinary share |
| Revised Exercise/ Conversion Ratio | |
| Mode of satisfaction of Exercise/ Conversion price | Cash |
| Settlement Type/ Convertible into | Physical (Shares) |
| Remarks : |
| The additional Warrants are issued to entitled shareholders of I-Berhad pursuant to the adjustment to the number of outstanding Warrants of I-Berhad in accordance with the provision of the deed poll constituting the Warrants dated 28 August 2014 (“Deed Poll”) as a consequence of the bonus issue of 103,037,720 new ordinary shares of RM0.50 each in I-Berhad (“Bonus Shares”), to be credited as fully paid-up, on the basis of one (1) Bonus Share for every five (5) existing ordinary shares held by the entitled shareholders whose names appear in the Record of Depository of I-Berhad at 5.00 p.m. on 14 September 2014 (“Bonus Issue”). As a result of the above, an additional 11,448,635 Warrants will be listed and quoted on the Bursa Securities with effect from 15 October 2014 including the adjustment of the Warrants exercise price from RM1.69 to RM1.41 (“Adjustments”). The Adjustments shall be effective on 15 October 2014, being one (1) market day after the entitlement date for the Bonus Issue. A notification to the Warrant holders setting out the details of the Adjustments will be dispatched to the Warrant holders within twenty one (21) days of the Adjustments. This announcement is dated 14 October 2014. |
MPCORP - OTHERS MALAYSIA PACIFIC CORPORATION BERHAD (“MPCB” or “the Company”) - Notice of Default with respect to a Charge dated 10 October 2014 pursuant to Section 254 of the National Land Code 1965 by AmanahRaya Development Sdn Bhd (“ADSB”) to Taman Bandar Baru Masai Sdn Bhd
| Company Name | MALAYSIA PACIFIC CORPORATION BERHAD |
| Stock Name | MPCORP |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141014-64868 |
| Type | Announcement |
| Subject | OTHERS |
| Description | MALAYSIA PACIFIC CORPORATION BERHAD (“MPCB” or “the Company”) - Notice of Default with respect to a Charge dated 10 October 2014 pursuant to Section 254 of the National Land Code 1965 by AmanahRaya Development Sdn Bhd (“ADSB”) to Taman Bandar Baru Masai Sdn Bhd |
We refer to the announcement dated 12 March 2014 pertaining
to the Settlement Agreement with ADSB. The Board of Directors
of MPCB wishes to announce that Taman Bandar Baru Masai Sdn Bhd, a wholly-owned
subsidiary of MPCB, has been served with a Notice of Default with respect of a
Charge dated 10 October 2014 (“Notice”) pursuant to Section 254 of the National
Land Code 1965 from ADSB for a breach of the provisions of the said charge for failing
to settle the outstanding amount to ADSB. The Management is seeking
legal advice on the Notice and will take appropriate steps to address the
issue. The Company will make further
announcements of any new development in connection thereto. This announcement is
dated 14 October 2014. | |
TGUAN - TGUAN-RENOUNCEABLE RIGHTS ISSUE OF RM52,602,250 NOMINAL VALUE OF 5-YEAR 5.00% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCK AT 100% OF ITS NOMINAL VALUE OF RM1.00 EACH ("ICULS 2014/2019") ON THE BASIS OF ONE (1) RM1.00 NOMINAL VALUE OF ICULS FOR EVERY TWO (2) ORDINARY SHARES OF RM1.00 EACH ("RIGHTS ICULS") IN THONG GUAN INDUSTRIES BERHAD ("TGUAN") ("TGUAN SHARE(S)") HELD AT 5.00 P.M. ON 17 SEPTEMBER 2014, TOGETHER WITH 26,301,106 FREE NEW WARRANTS ("WARRANT(S) 2014/2019") ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) ICULS SUBSCRIBED FOR PAYABLE IN FULL UPON ACCEPTANCE BASED ON A MINIMUM SUBSCRIPTION OF 27,031,787 RIGHTS ICULS ("RIGHTS ISSUE OF ICULS WITH WARRANTS")
| Company Name | THONG GUAN INDUSTRIES BERHAD |
| Stock Name | TGUAN |
| Date Announced | 14 Oct 2014 |
| Category | Listing Circular |
| Reference No | NM-141014-55969 |
LISTING'S CIRCULAR NO. L/Q : 71668 OF 2014
Kindly be advised that TGUAN’s:-
(i) RM52,602,250 ICULS issued pursuant to the Rights Issue of ICULS with Warrants; and
The Stock Short Name, Stock Number and ISIN Code of the ICULS are “TGUAN-LA”, “7034LA” and “MYL7034LATA4” respectively.
The Stock Short Name, Stock Number and ISIN Code of the Warrants are “TGUAN-WA”, “7034WA” and “MYL7034WATA1” respectively.
LIIHEN - OTHERS Letter of Demand
| Company Name | LII HEN INDUSTRIES BHD. |
| Stock Name | LIIHEN |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141014-61187 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Letter of Demand |
The Board of Directors of Lii Hen Industries Bhd ('the Company') wishes to announce that on 14.10.2014, the Company received a Letter of Demand ('the Letter') via fax and email from the solicitors of Tsunami Capital Sdn Bhd (Company No. 476860-D) ('Tsunami Cap') alleging that Tsunami Cap was unfairly oppressed by the conduct of the Company at the 20th Annual General Meeting of the Company which was held on 17.06.2014. The Company is of the view that the allegations contained in the Letter are baseless and unfounded. The Company is currently seeking advice from its lawyers and will reply to the Letter accordingly. | |
EURO - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
| Company Name | EURO HOLDINGS BERHAD |
| Stock Name | EURO |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141014-62505 |
| Type | Announcement |
| Subject | TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) |
| Description | EURO HOLDINGS BERHAD (“EHB” OR “COMPANY”) DATO’ SRI CHOONG YUEN KEONG @ TONG YUEN KEONG, DATO’ TONG YUN MONG AND MR TEE WEE SIEN (COLLECTIVELY, THE "JOINT OFFERORS") ACQUISITION BY THE JOINT OFFERORS OF ALL THE REMAINING ORDINARY SHARES OF RM0.50 EACH IN EURO HOLDINGS BERHAD (“EHB”) (“EHB SHARE(S)”) (EXCLUDING TREASURY SHARES) NOT ALREADY HELD BY THE JOINT OFFERORS (“OFFER SHARE(S)”) FOR A CASH CONSIDERATION OF RM0.44 PER OFFER SHARE (“OFFER”) |
Reference is made to EHB's announcement dated 2 September 2014, 3 September 2014, 5 September 2014 and 23 September 2014 in relation to the Offer. We wish to announce that EHB has received the attached press notice from AmInvestment Bank Berhad, on behalf of the Joint Offerors notifying that the Offer has closed at 5.00 p.m. (Malaysian time) on 14 October 2014. ("Closing Date") ("Press Notice"). In accordance with Section 25(1) of the Code, as at 23 September 2014, being the posting date of the Offer Document ("Posting Date"), the Joint Offerors collectively hold 38,606,000 EHB Shares representing approximately 47.66% of the equity interest in EHB. From the Posting Date up to the Closing Date at 5.00 p.m. (Malaysian time) on 14 October 2014, none of the Offer Shares has been received as acceptances or acquired/agreed to be acquired by the Joint Offerors. Accordingly, the Offer has failed to meet the Acceptance Condition. Please refer to the attached Press Notice for further details. This announcement is dated 14 October 2014. | |
MINETEC - OTHERS MINETECH RESOURCES BERHAD ("MRB" or "the Company") - Quarry Operation at Mukim Pengkalan Baru, Daerah Manjung, Perak by Optimis Dinamik Sdn. Bhd. (“Manjung Quarry”) - Update
| Company Name | MINETECH RESOURCES BERHAD |
| Stock Name | MINETEC |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141014-65727 |
| Type | Announcement |
| Subject | OTHERS |
| Description | MINETECH RESOURCES BERHAD ("MRB" or "the Company") - Quarry Operation at Mukim Pengkalan Baru, Daerah Manjung, Perak by Optimis Dinamik Sdn. Bhd. (“Manjung Quarry”) - Update |
Further
to the announcement made by the Company on 31 January 2013, the Board of Directors of MRB wishes to announce
that Messrs Raja Seelan & Associates, the solicitors for Optimis Dinamik
Sdn Bhd (“ODSB”), Minetech Quarries Sdn Bhd and K.S. Chin Minerals Sdn Bhd
(“KSC”) (“the Plaintiffs”), the wholly-owned subsidiaries of the Company had on
19 September 2014 served a Statement of Claim and Writ of Summons both dated 15
September 2014 against Sri Manjung Granite Quarry Sdn Bhd and its shareholders
namely, Moo Khean Choong @ Mu Kan Chong, Atma Singh @ Atma Singh Lahre s/o Keer
Singh and Low Sow Fong (“the Defendants”) in the High Court of Malaya. By
the said suit, the Plaintiffs claim the following against the Defendants:- 1. An order that the Rationalising
Agreement, the ODSB Agreement and the KSC Collateral Agreement be rescinded; 3. Special damages in the sum of
RM4,000,000.00 for the wasted expenditure incurred in developing the Quarry
Sites; 4. Interest of 5% per annum on such damages
calculated from the date of the filing of the Writ of Summons until the date of
full and final satisfaction of the same; 5. Costs; and/or 6. Any further and/or other relief the
Honourable Court deems fit and/or otherwise appropriate. The Company will make the necessary
announcements on the further development of the above matter as and when
necessary. This announcement is dated 14 October 2014. | |
MKLAND - OTHERS M K LAND HOLDINGS BERHAD - Proposed Renewal of Share Buy-Back Authority
| Company Name | MK LAND HOLDINGS BERHAD |
| Stock Name | MKLAND |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | CK-141007-039D4 |
| Type | Announcement |
| Subject | OTHERS |
| Description | M K LAND HOLDINGS BERHAD - Proposed Renewal of Share Buy-Back Authority |
The Board of Directors of M K Land Holdings Berhad wishes to announce that the Company proposed to seek the approval of the shareholders in relation to the Proposed Renewal of Share Buy-Back Authority ("Proposed Renewal") at the forthcoming 35th Annual General Meeting of the Company. A Share Buy-Back Statement in relation to the Proposed Renewal will be dispatched to the shareholders of the Company in due course. This announcement is dated 14 October 2014. | |
MKLAND - OTHERS M K LAND HOLDINGS BERHAD -PROPOSED FINAL DIVIDEND
| Company Name | MK LAND HOLDINGS BERHAD |
| Stock Name | MKLAND |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | CK-141014-63647 |
| Type | Announcement |
| Subject | OTHERS |
| Description | M K LAND HOLDINGS BERHAD -PROPOSED FINAL DIVIDEND |
The Board of Directors of M K Land Holdings Berhad ("the Company ") is pleased to announce that the Company intends to seek the approval from its shareholders for Proposed Final Dividend of 2.0 sen per ordinary share of RM1.00 each in respect of the financial year ended 30 June 2014 at the forthcoming Annual General Meeting of the Company. Further details on the entitlement and payment of the Proposed Final Dividend are set out in the Notice of Entitlement (Notice of Book Closure) which is announced separately today. This announcement is dated 14 October 2014. | |
RCECAP - OTHERS RCE CAPITAL BERHAD (“RCE” or “COMPANY”) - ACQUISITION OF NEW SUBSIDIARY
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | RC-141014-62922 |
| Type | Announcement | |||||||||||||||||||||||||
| Subject | OTHERS | |||||||||||||||||||||||||
| Description | RCE CAPITAL BERHAD (“RCE” or “COMPANY”) - ACQUISITION OF NEW SUBSIDIARY | |||||||||||||||||||||||||
RCE wishes to announce that the Company had on 14 October 2014 entered into a share sale and purchase agreement with the following vendors to acquire 100% equity interest in Strategi Interaksi Sdn Bhd (“SISB”) comprising a total of 10,000 ordinary shares of RM1.00 each (“SISB Shares”) for a total cash consideration of RM20,000 (“Acquisition”):
SISB was incorporated in Malaysia on 30 September 2013 as a private limited company and has an authorised share capital of RM400,000 comprising 400,000 ordinary shares of RM1.00 each, of which 10,000 ordinary shares have been issued and fully paid-up. Its principal activity is investment holding. SISB directly owns the entire equity interest of EXP Payment Sdn Bhd (“EXP”) comprising 1,800,000 ordinary shares of RM1.00 each. EXP was incorporated in Malaysia on 29 July 2012 and is principally involved in payroll collection system. The Acquisition is not expected to have any material effect on the gearing, earnings per share and net assets per share of RCE for the financial year ending 31 March 2015. None of the Directors and major shareholders of RCE and/or persons connected to them have any interest, whether direct or indirect, in the Acquisition. This announcement is made pursuant to Chapter 9, Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, whereby upon completion of the Acquisition on even date, SISB became a wholly-owned subsidiary of RCE. This announcement is dated 14 October 2014. | ||||||||||||||||||||||||||
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