October 7, 2014

Company announcements: IRIS, REDTONE, JOBST, GPACKET, DAYA, ESCERAM

IRIS - OTHERS ACQUISITION OF NEW SUBSIDIARY COMPANY KNOWN AS IRIS GLOBAL BLUE TRS MALAYSIA SDN. BHD. (FORMERLY KNOWN AS GLOBAL BLUE TFS MALAYSIA SDN. BHD. (COMPANY NO: 1073169-T)

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced7 Oct 2014  
CategoryGeneral Announcement
Reference NoIC-141007-62567

TypeAnnouncement
SubjectOTHERS
DescriptionACQUISITION OF NEW SUBSIDIARY COMPANY KNOWN AS IRIS GLOBAL BLUE TRS MALAYSIA SDN. BHD. (FORMERLY KNOWN AS GLOBAL BLUE TFS MALAYSIA SDN. BHD. (COMPANY NO: 1073169-T)

ACQUISITION OF NEW SUBSIDIARY COMPANY KNOWN AS IRIS GLOBAL BLUE TRS MALAYSIA SDN. BHD. (FORMERLY KNOWN AS GLOBAL BLUE TFS MALAYSIA SDN BHD (COMPANY NO: 1073169-T)  

Introduction

The Company refers to the prior announcement made on 21st April, 2014 on the Joint Venture Agreement entered into by Global Blue SA (Switzerland) and IRIS Corporation Berhad (“ICB”) and the Additional Information announced on 23rd April, 2014. Definitions in this announcement shall have the same meaning as those defined in the 21st and 23rd April, 2014 Announcements.

The Board of Directors of IRIS Corporation Berhad (“the Company”) wishes to inform the Bursa Malaysia Securities Berhad that the Company’s wholly owned subsidiary IRIS Information Technology Systems Sdn Bhd   (“IITSB”) had on 10th September 2014 acquired 51% of the allotted and fully paid up shares of RM1.00 each in IRIS Global Blue TRS Malaysia Sdn Bhd (JVCo) formerly known as Global Blue TFS Malaysia Sdn Bhd for a purchase consideration of Ringgit Malaysia Fifty One (RM51) only, hence rendering it a subsidiary of IRIS Corporation Berhad (hereinafter referred to as the Acquisition") . Global Blue SA holds the remaining 49% equity shares in the JVCo. The Company received all corporate documents from Global Blue SA on Friday 3rd October, 2014.

Information on IRIS Global Blue TRS Malaysia Sdn Bhd

IRIS Global Blue TRS Malaysia Sdn Bhd (formerly known as Global Blue TFS Malaysia Sdn Bhd) (Company No: 1073169-T) was incorporated in Malaysia  under the Companies Act 1965,  and has an initial  authorized capital of Ringgit Malaysia Four Hundred Thousand (RM400,000) divided into 400,000 shared at RM 1.00 each. The total issued capital of the JVCo now stands at 100 shares of RM1.00 each and the paid up capital is RM100.00. The authorised capital of the JVCo will be raised at a later date.

The JVCo is currently dormant and the proposed business activity of the JVCo is to undertake the business of providing the GST Refund Services to foreign travellers in Malaysia.

The JVCo will be governed by the Board wherein 2 directors shall be appointed by IITSB and the other 2 from Global Blue SA .

Effects Of The Acquisition

The acquisition does not have any effect on the issued and paid up share capital and major shareholding structure of the Company and do not have a material effect on the net assets and earning if the IRIS Corporation Berhad .

Directors and Major Shareholders Interest

None of the directors, major shareholders, persons connected with the directors or major shareholders of the Company or any of its subsidiaries have any interest, direct or indirect  in the Acquisition of the 51% shares in the JVCo.

Approvals Required

This Acquisition does not require the approval of IRIS Corporation Berhad ‘s shareholders or any relevant government authority.

Statement Of The Board Of Directors

The Board of Directors of the Company, after taking into consideration all aspects of the Acquisition is of the opinion that the said acquisition is fair, reasonable and is in the best interest of the ICB group and in compliance with the Tender requirements.

This announcement is made on 7th October, 2014.

 

 



REDTONE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced7 Oct 2014  
CategoryGeneral Announcement
Reference NoCK-141007-4EDA7

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionNotification of dealings by Director pursuant to Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.

In accordance with Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, REDtone International Berhad wishes to announce the following dealings in securities by the Director:-

Dato’ Wei Chuan Beng – Direct Interest

Name of Director

Date

No. of shares involved

Average acquire price per share (RM)

% of shares

No. of Irredeemable Convertible Unsecured Loan Stocks ("ICULS")

Average acquire price per ICULS (RM)

% of ICULS

No. of Warrants

Average acquire price per Warrant (RM)

% of Warrants

Dato’ Wei Chuan Beng

07.10.2014

435,100

0.76

0.08

-

-

-

-

-

-



REDTONE - Changes in Director's Interest (S135) - Dato' Wei Chuan Beng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced7 Oct 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCK-141007-476BC

Information Compiled By KLSE

Particulars of Director

NameDato' Wei Chuan Beng
AddressUnit 1-13A-2, Vista Komanwel
Bukit Jalil
57000 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary Shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
07/10/2014
435,100
 

Circumstances by reason of which change has occurredBought on ACE Market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)25,959,256 
Direct (%)5.05 
Indirect/deemed interest (units)4,000,000 
Indirect/deemed interest (%)0.77 
Date of notice07/10/2014

Remarks :
1. The percentage of interest is based on the issued and paid-up share capital less 2,634,500 ordinary shares of RM0.10 each bought-back by the Company and retained as treasury shares.

2. Deemed interest is by virtue of 4,000,000 shares registered in the name of his spouse.


REDTONE - Changes in Sub. S-hldr's Int. (29B) - Dato' Wei Chuan Beng

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced7 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCK-141007-4767F

Particulars of substantial Securities Holder

NameDato’ Wei Chuan Beng
AddressUnit A-13A-2, Vista Komanwel, Bukit Jalil, 57000 Kuala Lumpur.
NRIC/Passport No/Company No.651219-03-5013
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each share
Name & address of registered holderWei Chuan Beng
Unit A-13A-2, Vista Komanwel, Bukit Jalil
57000 Kuala Lumpur.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired07/10/2014
435,100
 

Circumstances by reason of which change has occurredBought on ACE Market
Nature of interestDirect
Direct (units)25,959,256 
Direct (%)5.05 
Indirect/deemed interest (units)4,000,000 
Indirect/deemed interest (%)0.77 
Total no of securities after change29,959,256
Date of notice07/10/2014

Remarks :
1. The percentage of interest is based on the issued and paid-up share capital less 2,634,500 ordinary shares of RM0.10 each bought-back by the Company and retained as treasury shares.

2. Deemed interest by virtue of the interest held by his spouse.


JOBST - Changes in Director's Interest (S135) - Chang Mun Kee

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameJOBSTREET CORPORATION BERHAD  
Stock Name JOBST  
Date Announced7 Oct 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-141007-1BA8A

Information Compiled By KLSE

Particulars of Director

NameChang Mun Kee
Address41D Bangunan Leong Aun,
Jalan Masjid,
Kampar,
31900 Perak,
Malaysia
Descriptions(Class & nominal value)Ordinary Shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Transferred
03/10/2014
64,600,754
 

Circumstances by reason of which change has occurredTransfer of securities
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)64,600,754 
Direct (%)9.22 
Indirect/deemed interest (units)10,000,000 
Indirect/deemed interest (%)1.43 
Date of notice07/10/2014

Remarks :
The total indirect holding of 10,000,000 Ordinary Shares of RM0.10 each are registered in the name of HSBC Trustee (S) Ltd for Voyager Assets Limited, the trustee of a discretionary trust for estate planning purposes, the beneficiaries of which are members of Mr Chang Mun Kee's family and himself.


JOBST - Changes in Sub. S-hldr's Int. (29B) - Chang Mun Kee

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameJOBSTREET CORPORATION BERHAD  
Stock Name JOBST  
Date Announced7 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-141007-1C6B3

Particulars of substantial Securities Holder

NameChang Mun Kee
Address41D Bangunan Leong Aun,
Jalan Masjid,
Kampar,
31900 Perak,
Malaysia
NRIC/Passport No/Company No.650902-08-6291
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary Shares of RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd UBS AG Singapore for Chang Mun Kee

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Transferred03/10/2014
64,600,754
 

Circumstances by reason of which change has occurredTransfer of securities
Nature of interestDirect
Direct (units)64,600,754 
Direct (%)9.22 
Indirect/deemed interest (units)10,000,000 
Indirect/deemed interest (%)1.43 
Total no of securities after change74,600,754
Date of notice07/10/2014

Remarks :
The total indirect holding of 10,000,000 Ordinary Shares of RM0.10 each are registered in the name of HSBC Trustee (S) Ltd for Voyager Assets Limited, the trustee of a discretionary trust for estate planning purposes, the beneficiaries of which are members of Mr Chang Mun Kee's family and himself.


GPACKET - Changes in Sub. S-hldr's Int. (29B) - Tan Sri Dato' Kok Onn

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGREEN PACKET BERHAD  
Stock Name GPACKET  
Date Announced7 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGP-141007-51840

Particulars of substantial Securities Holder

NameTan Sri Dato' Kok Onn
Address2A, Jalan Mambu
Bukit Bandaraya
Bangsar
59100 Kuala Lumpur
NRIC/Passport No/Company No.510718-08-5163
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.20 each
Name & address of registered holderTan Sri Dato' Kok Onn
2A, Jalan Mambu
Bukit Bandaraya
Bangsar
59100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired07/10/2014
525,800
 

Circumstances by reason of which change has occurredpurchase of shares from open market
Nature of interestDirect interest
Direct (units)1,350,000 
Direct (%)0.197 
Indirect/deemed interest (units)141,000,000 
Indirect/deemed interest (%)20.56 
Total no of securities after change142,350,000
Date of notice07/10/2014

Remarks :
The calculation of total issued and paid-up capital of 685,739,019 ordinary shares of RM0.20 each excludes the treasury shares of 4,707,700.

Tan Sri Dato' Kok Onn has an indirect shareholding in the Company via Green Packet Holdings Ltd.


DAYA - OTHERS DAYA MATERIALS BERHAD ("DMB" OR "THE COMPANY") INCORPORATION OF TWO (2) SUBSIDIARY COMPANIES IN LABUAN - DAYA GLOBAL 1 LIMITED AND DAYA GLOBAL 2 LIMITED

Announcement Type: General Announcement
Company NameDAYA MATERIALS BERHAD  
Stock Name DAYA  
Date Announced7 Oct 2014  
CategoryGeneral Announcement
Reference NoCC-141007-1EA58

TypeAnnouncement
SubjectOTHERS
DescriptionDAYA MATERIALS BERHAD ("DMB" OR "THE COMPANY")
INCORPORATION OF TWO (2) SUBSIDIARY COMPANIES IN LABUAN
- DAYA GLOBAL 1 LIMITED AND DAYA GLOBAL 2 LIMITED

INTRODUCTION

The Board of Directors of DMB is pleased to announce that DMB had on 3 October 2014 incorporated two (2) limited liability companies known as Daya Global 1 Limited (“DG1L”) and Daya Global 2 Limited (“DG2L”).

INFORMATION ON DG1L and DG2L

Both DG1L and DG2L were incorporated on 3 October 2014 as companies limited by shares. Each of DG1L and DG2L was incorporated with a paid-up share capital of USD10.00 divided by 10 ordinary shares of USD1.00 each.

Both DG1L and DG2L are incorporated with the intended principal activities of shipping leasing business and other related services to the oil and gas industry.

RATIONALE FOR THE INCORPORATION

The incorporation of DG1L and DG2L are to enable the DMB group of companies to take advantage of the current favorable tax regime in Labuan for its Oil & Gas segment business.

The incorporation of DG1L and DG2L are also in line with the DMB group of companies’ policy for major contracts in relation to the vessel leased to be housed under a separate legal entity for the purposes of clarity on the structure, financing and potential future sale.

SOURCE OF FUNDS

DMB is funding the incorporation of DG1L and DG2L from its internally generated funds.

APPROVALS REQUIRED

The incorporation of DG1L and DG2L are not subject to the approval of the shareholders of DMB or any relevant governmental authorities.

EFFECTS OF THE INCORPORATION

The incorporation of DG1L and DG2L are not expected to have any material effect on the earnings, net assets, share capital, gearing and substantial shareholders’ shareholdings of DMB for the financial year ending 31 December 2014.

HIGHEST PERCENTAGE RATIO APPLICABLE

a) The aggregate value of the assets in relation to the incorporation of DG1L and DG2L, compared with the net assets of DMB is 0.000027%.

b) The aggregate value of the consideration given and liabilities assumed in relation to the incorporation of DG1L and DG2L, compared with the net assets of DMB is 0.000027%.

DIRECTORS’ AND/OR MAJOR SHAREHOLDERS’ INTERESTS

None of the Directors and/or major shareholders of DMB and/or persons connected to the Directors and/or major shareholders of DMB have any interest, direct or indirect, in the incorporation of DG1L and DG2L.

DIRECTORS' STATEMENT

The Board, after due consideration of all aspects of the proposal, is of the opinion that the incorporation of DG1L and DG2L are in the best interest of the DMB group of companies.

This announcement is dated 7 October 2014.



ESCERAM - Changes in Director's Interest (S135) - Khoo Siang Hsi @ Khoo Chen Nan

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameES CERAMICS TECHNOLOGY BHD (ACE Market) 
Stock Name ESCERAM  
Date Announced7 Oct 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-140925-69F60

Information Compiled By KLSE

Particulars of Director

NameKhoo Siang Hsi @ Khoo Chen Nan
AddressNo. 5, Jalan Setia Nusantara U13/22T
Setia Eco Park
40170 Shah Alam
Selangor Darul Ehsa
Descriptions(Class & nominal value)Option under Employee Share Option Scheme to subscribe for Ordinary Shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
04/10/2014
500,000
 

Description of other type of transactionAcceptance of Options under the Employees’ Share Option Scheme
Circumstances by reason of which change has occurredAcceptance of Options under the Employees’ Share Option Scheme
Nature of interest
Consideration (if any) 

Total no of securities after change

Direct (units)1,000,000 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice04/10/2014


ESCERAM - Changes in Director's Interest (S135) - Dato' Kamal YP Tan

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameES CERAMICS TECHNOLOGY BHD (ACE Market) 
Stock Name ESCERAM  
Date Announced7 Oct 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCA-140925-69D9D

Information Compiled By KLSE

Particulars of Director

NameDato' Kamal YP Tan
Address30, Jalan Taman Pantai
Taman Bukit Pantai
59100 Kuala Lumpur
Descriptions(Class & nominal value)Option under Employee Share Option Scheme to subscribe for Ordinary Shares of RM0.10 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Others
04/10/2014
500,000
 

Description of other type of transactionAcceptance of Options under the Employees’ Share Option Scheme
Circumstances by reason of which change has occurredAcceptance of Options under the Employees’ Share Option Scheme
Nature of interest
Consideration (if any) 

Total no of securities after change

Direct (units)1,000,000 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice04/10/2014


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