INSTACO - MULTIPLE PROPOSALS
Company Name | INSTACOM GROUP BERHAD (ACE Market) |
Stock Name | INSTACO |
Date Announced | 2 Oct 2014 |
Category | General Announcement |
Reference No | MI-141002-66858 |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | INSTACOM GROUP BERHAD ("INSTACOM" OR THE "COMPANY") I. PROPOSED ACQUISITION BY INSTACOM OF 1,400,000 ORDINARY SHARES OF RM1.00 EACH IN NEATA ALUMINIUM (MALAYSIA) SDN BHD ("NEATA"), REPRESENTING 35% OF THE EQUITY INTEREST IN NEATA FOR A PURCHASE CONSIDERATION OF RM58.80 MILLION, TO BE FULLY SATISFIED VIA THE ISSUANCE OF NEW ORDINARY SHARES OF RM0.10 EACH IN INSTACOM ("INSTACOM SHARE(S)") AT THE ISSUE PRICE OF RM0.19 PER INSTACOM SHARE ("PROPOSED ACQUISITION"); II. PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF INSTACOM AND ITS SUBSIDIARY COMPANIES TO INCLUDE ALUMINIUM DESIGN AND FABRICATION BUSINESS AND CIVIL ENGINEERING AND CONSTRUCTION BUSINESS ("PROPOSED DIVERSIFICATION"); AND III. PROPOSED BONUS ISSUE OF WARRANTS OF UP TO 210,676,278 WARRANTS IN INSTACOM ("WARRANT C") ON THE BASIS OF ONE (1) FREE WARRANT C FOR EVERY FIVE (5) EXISTING INSTACOM SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF WARRANTS") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
On behalf of the Board of Directors of Instacom Group Berhad ("Instacom" or the "Company") ("Board"), RHB Investment Bank Berhad ("RHBIB") wishes to announce that the Company had on 2 October 2014, entered into a conditional share sale agreement ("SSA") with Ooi Eng Kean, Nor Mohd Amin bin Shaharudin, Ang Li-Hann and Chia Kok Seng (collectively referred to as "Vendors") for the proposed acquisition by Instacom of 1,400,000 ordinary shares of RM1.00 each in Neata ("Neata Shares"), representing 35% of the equity interest in Neata ("Sale Shares"). The purchase consideration for the Proposed Acquisition is RM58,800,000 ("Purchase Consideration"), which will be fully satisfied by the issuance of 309,473,684 new ordinary shares of RM0.10 each in Instacom ("Instacom Shares" or "Shares") ("Consideration Shares") at an issue price of RM0.19 per Instacom Share. In conjunction with the Proposed Acquisition, the Board has also resolved to undertake the following:- i. proposed diversification of the existing principal activities of Instacom and its subsidiary companies ("Instacom Group" or "Group") to include aluminium design and fabrication business and civil engineering and construction business ("Proposed Diversification"); and ii. proposed bonus issue of up to 210,676,278 Warrants C on the basis of one (1) free Warrant C for every five (5) existing Instacom Shares held on an entitlement date to be determined later ("Proposed Bonus Issue of Warrants"). (The Proposed Acquisition, the Proposed Diversification and the Proposed Bonus Issue of Warrants are collectively referred to as the "Proposals"). Further details on the Proposals are set out in the attachment enclosed.
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FLONIC - FLONIC - NOTICE OF RIGHTS ENTITLEMENT
Company Name | FLONIC HI-TEC BHD (ACE Market) |
Stock Name | FLONIC |
Date Announced | 2 Oct 2014 |
Category | Listing Circular |
Reference No | ZA-141002-63389 |
LISTING'S CIRCULAR NO. L/Q : 71595 OF 2014
RENOUNCEABLE RIGHTS ISSUE OF UP TO 524,902,678 NEW ORDINARY SHARES OF RM0.05 EACH IN FLONIC (“RIGHTS SHARES”) TOGETHER WITH UP TO 349,935,118 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.05 EACH IN FLONIC TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS")
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Right Issue" ]
as from : [ 13 October 2014 ]
2) The last date of lodgement : [ 15 October 2014 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 1/2 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 1/2 ] of the Transacted Price is applicable.
FLONIC - FLONIC - NOTICE OF RIGHTS ENTITLEMENT
Company Name | FLONIC HI-TEC BHD (ACE Market) |
Stock Name | FLONIC |
Date Announced | 2 Oct 2014 |
Category | Listing Circular |
Reference No | ZA-141002-65883 |
LISTING'S CIRCULAR NO. L/Q : 71596 OF 2014
RENOUNCEABLE RIGHTS ISSUE OF UP TO 524,902,678 NEW ORDINARY SHARES OF RM0.05 EACH IN FLONIC (“RIGHTS SHARES”) TOGETHER WITH UP TO 349,935,118 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.05 EACH IN FLONIC TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS")
Kindly be advised of the following :
1) The Rights commence of trading : [ 16 October 2014 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 17 October 2014 ]
3) The last day and time for Acceptance, Renunciation and Payment :
[ 31 October 2014 @ 5:00pm ]
4) The Rights cease quotation : [ 24 October 2014 ]
The Stock Short Name, Number and ISIN Code [ FLONIC-OR, 0109OR, MYQ0109OR000 ] respectively
FOCUS - FOCUS - NOTICE OF RIGHTS ENTITLEMENT
Company Name | FOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) |
Stock Name | FOCUS |
Date Announced | 2 Oct 2014 |
Category | Listing Circular |
Reference No | ZA-141002-64273 |
LISTING'S CIRCULAR NO. L/Q : 71597 OF 2014
RENOUNCEABLE RIGHTS ISSUE OF UP TO 449,143,740 NEW ORDINARY SHARES OF RM0.10 EACH IN FOCUS DYNAMICS TECHNOLOGIES BERHAD ("FOCUS") (“RIGHTS SHARES”) TOGETHER WITH UP TO 299,429,160 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 EACH IN FOCUS TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Right Issue" ]
as from : [ 13 October 2014 ]
2) The last date of lodgement : [ 15 October 2014 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 1/2 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 10 % ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 1/2 ] of the Transacted Price is applicable.
FOCUS - FOCUS - NOTICE OF RIGHTS ENTITLEMENT
Company Name | FOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) |
Stock Name | FOCUS |
Date Announced | 2 Oct 2014 |
Category | Listing Circular |
Reference No | ZA-141002-66374 |
LISTING'S CIRCULAR NO. L/Q : 71598 OF 2014
RENOUNCEABLE RIGHTS ISSUE OF UP TO 449,143,740 NEW ORDINARY SHARES OF RM0.10 EACH IN FOCUS DYNAMICS TECHNOLOGIES BERHAD ("FOCUS") (“RIGHTS SHARES”) TOGETHER WITH UP TO 299,429,160 FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.10 EACH IN FOCUS TOGETHER WITH TWO (2) WARRANTS FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 15 OCTOBER 2014 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE
Kindly be advised of the following :
1) The Rights commence of trading : [ 16 October 2014 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : [ 17 October 2014 ]
3) The last day and time for Acceptance, Renunciation and Payment : [ 31 October 2014 @ 5:00pm ]
4) The Rights cease quotation : [ 24 October 2014 ]
The Stock Short Name, Number and ISIN Code [ FOCUS-OR, 0116OR and MYQ0116OR005 ] respectively
INSAS - OTHERS INSAS BERHAD ("INSAS" OR "THE COMPANY") - DEED OF TERMINATION OF AGREEMENTS
Company Name | INSAS BERHAD |
Stock Name | INSAS |
Date Announced | 2 Oct 2014 |
Category | General Announcement |
Reference No | II-141002-62701 |
Type | Announcement |
Subject | OTHERS |
Description | INSAS BERHAD ("INSAS" OR "THE COMPANY") - DEED OF TERMINATION OF AGREEMENTS |
Further to our announcement dated 6 May 2014 in respect of the subscription of 300,000 ordinary shares representing 60% of the equity interest in Special Windfall Sdn Bhd (“SWSB”), the Board of Directors of Insas wishes to announce that SWSB had on 2 October 2014 entered into Deed of Termination with Dato’ Gan Kong Hiok and Gan Eng Hian (“the Vendors”) and have mutually agreed to rescind, revoke and terminate the following agreements : (i) Share Sale Agreement (“SSA”) dated 26 February 2014 made between SWSB and the Vendors for the acquisition of the entire issued and paid-up capital of Tahap Wawasan Sdn Bhd (“TWSB”) for a purchase consideration of RM9.52 million ("Purchase Price"); and
(ii) Repayment Agreement (“RA”) dated 26 February 2014 made between SWSB and the Vendors for SWSB to repay TWSB’s debts amounting to RM3.98 million (“Repayment Sum”).
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BJCORP-LD - BJCORP-LD - NOTICE OF BOOK CLOSURE
Company Name | BERJAYA CORPORATION BERHAD |
Stock Name | BJCORP-LD |
Date Announced | 2 Oct 2014 |
Category | Listing Circular |
Reference No | ZA-141002-60027 |
LISTING'S CIRCULAR NO. L/Q : 71593 OF 2014
Fifth interest payment in respect of RM700,109,520 nominal value of 5% Irredeemable Convertible Unsecured Loan Stocks 2012/2022 for the period from 23 April 2014 to
22 October 2014
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Interest" ]
as from : [ 14 October 2014 ]
2) The last date of lodgement : [ 16 October 2014 ]
3) Date Payable : [ 28 October 2014 ]
AHP - OTHERS Proposed Change in Shareholding Structure of Pelaburan Hartanah Nasional Berhad (“PHNB”), being the Manager to Amanah Harta Tanah PNB ("AHP").
Company Name | AMANAH HARTA TANAH PNB |
Stock Name | AHP |
Date Announced | 2 Oct 2014 |
Category | General Announcement |
Reference No | AH-140919-55190 |
Type | Announcement |
Subject | OTHERS |
Description | Proposed Change in Shareholding Structure of Pelaburan Hartanah Nasional Berhad (“PHNB”), being the Manager to Amanah Harta Tanah PNB ("AHP"). |
PHNB, as the Manager of AHP, wishes to announce that on 1 October 2014, Permodalan Nasional Berhad ("PNB") had entered into a conditional share sale agreement with Malayan Banking Berhad ("Maybank") to acquire Maybank's entire shareholding of 300,000 ordinary shares of RM1.00 each in PHNB, which represents thirty per centum (30%) of the issued and paid-up capital of PHNB ("Proposed Acquisition"). Upon the completion of the Proposed Acquisition, PNB will hold the entire issued and paid-up capital of PHNB. The Proposed Acquisition is subject to the approval of the Securities Commission Malaysia.
This announcement is dated 2 October 2014. |
KMLOONG - KMLOONG - NOTICE OF BOOK CLOSURE
Company Name | KIM LOONG RESOURCES BERHAD |
Stock Name | KMLOONG |
Date Announced | 2 Oct 2014 |
Category | Listing Circular |
Reference No | ZA-141002-65456 |
LISTING'S CIRCULAR NO. L/Q : 71599 OF 2014
Interim single tier dividend of 7% in respect of the year ending 31 January 2015
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 29 October 2014 ]
2) The last date of lodgement : [ 31 October 2014 ]
3) Date Payable : [ 21 November 2014 ]
EIG - Changes in Sub. S-hldr's Int. (29B) - Chieng Ing Huong
Company Name | ESTHETICS INTERNATIONAL GROUP BERHAD |
Stock Name | EIG |
Date Announced | 2 Oct 2014 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | C&-141002-7468D |
Particulars of substantial Securities Holder
Name | Chieng Ing Huong |
Address | Unit No. A-17-9, Level 17, Block A Menara UOA Bangsar No. 5 Jalan Bangsar Utama 1 59100 Kuala Lumpur |
NRIC/Passport No/Company No. | 571216-08-5189 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
Name & address of registered holder | Providence Capital Sdn Bhd Unit No. A-17-9, Level 17, Block A Menara UOA Bangsar No. 5 Jalan Bangsar Utama 1 59100 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 02/10/2014 | 40,000 |
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