IFCAMSC - Change in Boardroom
| Company Name | IFCA MSC BERHAD (ACE Market) |
| Stock Name | IFCAMSC |
| Date Announced | 14 Oct 2014 |
| Category | Change in Boardroom |
| Reference No | IM-141013-80920 |
| Date of change | 14/10/2014 |
| Name | YONG KOK LEONG |
| Age | 57 |
| Nationality | Malaysian |
| Designation | Chairman & Director |
| Directorate | Independent & Non Executive |
| Type of change | Resignation |
| Reason | To pursue an active role in the Company. |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of the shareholders | No |
| Qualifications | Honours Degree in Management Science from the University of Warwick, UK. |
| Working experience and occupation | Mr. Yong Kok Leong has over 30 years’ experience in the Information, Communications, Technology (ICT) industry in senior management positions with Hewlett Packard Sales Malaysia Sdn Bhd, Fuji Xerox Asia Pacific Pte Ltd and Redtone International Berhad until 2007. Over the years, he has developed broad skills in leading and managing multi-cultural, multi-national teams in the sales & marketing, technical support and product development areas. He has experience selling business commercial and technical application solutions to a broad range of industries. He was a member of the pioneering entrepreneurial team that built Redtone from start-up, winning multi-year industry awards and successfully listed in 2004 on the Mesdaq market (now known as Ace Market) |
| Directorship of public companies (if any) | None |
| Family relationship with any director and/or major shareholder of the listed issuer | None |
| Any conflict of interests that he/she has with the listed issuer | No |
| Details of any interest in the securities of the listed issuer or its subsidiaries | None |
JAG - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | JAG BERHAD (ACE Market) |
| Stock Name | JAG |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | OS-141013-43908 |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | JAG BERHAD (FORMERLY KNOWN AS INFORTECH ALLIANCE BERHAD) (“JAG” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF JAG (“PROPOSED PRIVATE PLACEMENT”) |
Reference is made to the Company’s announcements on 8 September 2014, 12 September 2014 and 29 September 2014 in relation to the Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that the Board has on 14 October 2014 fixed the issue price for the placement of 94,222,200 new JAG Shares to be issued under the Proposed Private Placement (“Placement Shares”) at RM0.175 per Placement Share.
The payment from the placee(s) is expected to be received within five (5) market days from the date of this announcement. This announcement is dated 14 October 2014. | |
INGENCO - OTHERS Increase Investment in Sub-subsidiary
| Company Name | INGENUITY CONSOLIDATED BERHAD (ACE Market) |
| Stock Name | INGENCO |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141014-61010 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Increase Investment in Sub-subsidiary |
The Board of Directors of Ingenuity Consolidated Berhad ["INGENCO" or "the Company"] wishes to announce that Ingens DSS Sdn. Bhd. (a 100% owned sub-subsidiary of INGENCO) had on 14 October 2014 increased its investment in the capital of DSS Ikhlas Sdn. Bhd. from 6 ordinary shares of RM1.00 each (represented 60% equity participation in DSS Ikhlas Sdn. Bhd.) to 10 ordinary shares of RM1.00 each (representing 100% equity participation in DSS Ikhlas Sdn. Bhd.) by way of acquisition of 4 ordinary shares of RM1.00 each at par for a total cash consideration of RM4.00 from the existing shareholder of DSS Ikhlas Sdn. Bhd. namely, Irene Foong. It is an internal restructuring to streamline INGENCO Group's business activities. DSS Ikhlas Sdn. Bhd. has temporary ceased its operations. The said transaction is not expected to have any material financial effect on the earnings per share, net assets per share and gearing of INGENCO Group for the financial year ending 31 March 2015. None of the directors or major shareholders or persons connected with them has any interest, direct or indirect, in the said transaction. The Board of Directors of INGENCO is of the opinion that the said transaction is in the best interest of INGENCO Group. Please refer to the attachment for illustration purpose. This announcement is dated 14 October 2014. | |
MTRONIC - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | METRONIC GLOBAL BERHAD |
| Stock Name | MTRONIC |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141014-62E17 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | METRONIC GLOBAL BERHAD ("Metronic" of "the Company") - DEALING IN QUOTED SHARES (Para 10.06 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad) |
Please refer to the detailed announcement as attached. This announcement is dated 14 October 2014. | |
GRANFLO - Notice of Shares Buy Back - Immediate Announcement
| Company Name | GRAND-FLO BERHAD |
| Stock Name | GRANFLO |
| Date Announced | 14 Oct 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CM-141014-2313E |
CONNECT - OTHERS CONNECTCOUNTY HOLDINGS BERHAD (“CCHB” OR “THE COMPANY”) - AGREEMENT FOR SALE OF 900,000 REDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM1.00 EACH IN MYGENBIZZ BERHAD (“MGB”) (“SALE SHARES”) TO MR TAN SEE KUY (“DISPOSAL”) (“AGRREEMENT”)
| Company Name | CONNECTCOUNTY HOLDINGS BERHAD (ACE Market) |
| Stock Name | CONNECT |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | C&-141013-AA2ED |
| Regularisation Sponsor | M&A Securities Sdn Bhd |
| Sponsor | Same as above |
| Type | Announcement |
| Subject | OTHERS |
| Description | CONNECTCOUNTY HOLDINGS BERHAD (“CCHB” OR “THE COMPANY”) - AGREEMENT FOR SALE OF 900,000 REDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM1.00 EACH IN MYGENBIZZ BERHAD (“MGB”) (“SALE SHARES”) TO MR TAN SEE KUY (“DISPOSAL”) (“AGRREEMENT”) |
Reference is made to the announcements dated 29 September 2014 and 03 October 2014 (“Announcements”). Unless otherwise defined, capitalised expressions shall carry the same meanings as they were defined in the Announcements. We wish to inform that the Company had on 14 October 2014 converted all its remaining 500,000 redeemable convertible preference shares in MGB to 500,000 ordinary shares of RM1.00 each of MGB. Mr Tan See Kuy had also on the same day converted all his 900,000 redeemable convertible preference shares in MGB to 900,000 ordinary shares of RM1.00 each in MGB. Further thereto, the Company’s stake in MGB is now 551,000 ordinary shares representing approximately 36.73%. This announcement is dated 14 October 2014.
| |
FOCUS - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING
| Company Name | FOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) |
| Stock Name | FOCUS |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | OS-141014-47724 |
| Type | Announcement | ||||||||||||||||||||||||||||
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING | ||||||||||||||||||||||||||||
| Description | FOCUS DYNAMICS TECHNOLOGIES BERHAD (“FOCUS” OR “COMPANY”) • PROPOSED RIGHTS ISSUE WITH WARRANTS; • PROPOSED DIVERSIFICATION; • PROPOSED ESOS; • PROPOSED IASC; AND • PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS “PROPOSALS”) | ||||||||||||||||||||||||||||
(Abbreviations used in this document are defined in the announcement dated on 3 March 2014)
Reference is made to the announcement dated 3 March 2014 (“First Announcement”) and the Circular to shareholders dated 3 June 2014 (“Circular”) in relation to the Proposals.
It was stated in both the First Announcement and Circular that under both Minimum Scenario and Maximum Scenario, the Company shall utilise RM3.10 million of the total gross proceeds from the Proposed Rights Issue with Warrants for the repayment of bank borrowings which is expected to result in an annual interest savings of RM0.248 million based on the effective interest rate of 8.0% per annum.
On behalf of the Board, M&A Securities wishes to provide additional information relating to the repayment of borrowings.
The total borrowings of the Focus Group are RM5.499 million as at 25 September 2014 and the amount to be repaid is set out below:
Note:
* Working capital comprising expenses relating to maintenance and other operating costs associated with the running of its F&B outlets.
This announcement is dated 14 October 2014.
| |||||||||||||||||||||||||||||
SMRT - Notice of Shares Buy Back - Immediate Announcement
| Company Name | SMRT HOLDINGS BERHAD (ACE Market) |
| Stock Name | SMRT |
| Date Announced | 14 Oct 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CC-141014-43109 |
GREENYB - OTHERS GREENYIELD INDUSTRIES (M) SDN BHD - BANKING FACILITIES OBTAINED FROM PUBLIC BANK BERHAD
| Company Name | GREENYIELD BERHAD |
| Stock Name | GREENYB |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | CK-141013-51607 |
| Type | Announcement | |||||||||
| Subject | OTHERS | |||||||||
| Description | GREENYIELD INDUSTRIES (M) SDN BHD - BANKING FACILITIES OBTAINED FROM PUBLIC BANK BERHAD | |||||||||
Reference is made to the announcement dated 10 September 2014 and pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), the Board of Directors of Greenyield Berhad (“Greenyield” or “the Company”) wishes to announce that Greenyield Industries (M) Sdn Bhd (Company No. 170596-A) (“Greenyield Industries”), a wholly-owned subsidiary of Greenyield, had on 14 October 2014 accepted the following facilities offered by Public Bank Berhad of Kajang Branch, No. 14, 15 & 16, Jalan Raja Haroun, 43000 Kajang, Selangor Darul Ehsan (“Bank”):-
Please refer to the attachment for further details on the acceptance of Facilities. | ||||||||||
GREENYB - OTHERS Greenyield Berhad - Proposed Single Tier Final Dividend
| Company Name | GREENYIELD BERHAD |
| Stock Name | GREENYB |
| Date Announced | 14 Oct 2014 |
| Category | General Announcement |
| Reference No | CK-141010-38724 |
| Type | Announcement |
| Subject | OTHERS |
| Description | Greenyield Berhad - Proposed Single Tier Final Dividend |
The Board of Directors of Greenyield Berhad ("GYB" or "the Company") is pleased to propose a single tier final dividend of 1.1 sen per ordinary share of RM0.10 each in respect of the financial year ended 31 July 2014 for the approval of the shareholders at the forthcoming Company's Twelfth Annual General Meeting. The proposed entitlement and payment dates for the single tier final dividend shall be determined at a later date and announced accordingly. | |
No comments:
Post a Comment