October 8, 2014

Company announcements: N2N, SMRT, ETITECH, GREENYB, SUNZEN, KGB, FBMKLCI-EA, AMBANK

N2N - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameN2N CONNECT BERHAD (ACE Market) 
Stock Name N2N  
Date Announced8 Oct 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-141008-628A8

Date of buy back08/10/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)35,000
Minimum price paid for each share purchased ($$)0.800
Maximum price paid for each share purchased ($$)0.820
Total consideration paid ($$)28,300.00
Number of shares purchased retained in treasury (units)35,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)4,582,700
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)1.0423


SMRT - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameSMRT HOLDINGS BERHAD (ACE Market) 
Stock Name SMRT  
Date Announced8 Oct 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCC-141008-1CAFB

Date of buy back08/10/2014
Description of shares purchasedOrdinary Shares
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)100,000
Minimum price paid for each share purchased ($$)0.700
Maximum price paid for each share purchased ($$)0.685
Total consideration paid ($$)69,550.00
Number of shares purchased retained in treasury (units)100,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)7,029,800
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)3.116


ETITECH - PRACTICE NOTE 1 / GUIDANCE NOTE 5:MONTHLY ANNOUNCEMENT

Announcement Type: General Announcement
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced8 Oct 2014  
CategoryGeneral Announcement
Reference NoCC-141008-79A7C

TypeAnnouncement
SubjectPRACTICE NOTE 1 / GUIDANCE NOTE 5
MONTHLY ANNOUNCEMENT
DescriptionETI TECH CORPORATION BERHAD ("ETITECH" or "the Company")
Monthly Announcement on the Status of Default in Payment Pursuant to Practice Note 1/2001 ("PN 1")
Save as disclosed in the announcement dated 02 October 2014 pertaining to the approval by the scheme creditors in the Court Convened Creditors Meetings of the Schemes of Arrangement, there are no other material updates on the Company’s PN1/2001 status.
This announcement is dated 08 October 2014.


GREENYB - OTHERS GREENYIELD INDUSTRIES (M) SDN BHD - TERM LOAN FACILITIES OBTAINED FROM HSBC BANK MALAYSIA BERHAD

Announcement Type: General Announcement
Company NameGREENYIELD BERHAD  
Stock Name GREENYB  
Date Announced8 Oct 2014  
CategoryGeneral Announcement
Reference NoCK-141008-43676

TypeAnnouncement
SubjectOTHERS
DescriptionGREENYIELD INDUSTRIES (M) SDN BHD - TERM LOAN FACILITIES OBTAINED FROM HSBC BANK MALAYSIA BERHAD

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 7 July 2014 accepted the following facilities offered by HSBC Bank Malaysia Berhad, Kuala Lumpur Head Office (“Bank”):-

Facilities

Limit (RM)

i)

10-year Term Loan - Business Premises Financing Loan

9,000,000.00

ii)

Bank Guarantees

100,000.00

iii)

Import Line

1,000,000.00

iv)

Total Gross Foreign Exchange Contract Limit

(collectively referred to as “the Facilities”)

10,000,000.00

Greenyield Industries has not utilised the Facilities as at the date of this announcement.

Please refer to the attachment for further details on the acceptance of Facilities.



SUNZEN - OTHERS SUNZEN BIOTECH BERHAD (“SUNZEN” OR “COMPANY”) – DISTRIBUTION AGREEMENT BETWEEN SUNZEN CORPORATION SDN BHD AND ZOETIS MALAYSIA SDN BHD

Announcement Type: General Announcement
Company NameSUNZEN BIOTECH BERHAD (ACE Market) 
Stock Name SUNZEN  
Date Announced8 Oct 2014  
CategoryGeneral Announcement
Reference NoCK-141007-66570

TypeAnnouncement
SubjectOTHERS
DescriptionSUNZEN BIOTECH BERHAD (“SUNZEN” OR “COMPANY”)
– DISTRIBUTION AGREEMENT BETWEEN SUNZEN CORPORATION SDN BHD AND ZOETIS MALAYSIA SDN BHD

Reference is made to the Distribution Agreement made between Sunzen Corporation Sdn. Bhd. (“Sunzen Corporation”), a wholly-owned subsidiary of the Company and Zoetis Malaysia Sdn. Bhd. (“Zoetis”) dated 1 May 2011 as a result of the Novation Agreement dated 18 September 2012 and its extension (“Distribution Agreement”).

Pursuant to Rule 9.04(b) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Sunzen wishes to announce that Zoetis had, on 3 October 2014, pursuant to the terms of the Distribution Agreement, served a notice to Sunzen Corporation, to confirm that the Distribution Agreement will expire on 31 December 2014 and both parties shall then immediately enter into good faith negotiations so as to establish the a contractual relationship.

As advised by Zoetis, the expiration of the Distribution Agreement and the mutual intention of re-establishing the new contractual relationship are made in order to align with the change of Zoetis Business Model. Zoetis will manage the companion animal portfolio while, upon the conclusion of the new contractual relationship, Sunzen Corporation is expected to enter into a 3-year non-exclusive distribution agreement for its products and then become Zoetis’ key swine portfolio partner.

There were no significant events leading to the service of the aforesaid notice of expiration of the Distribution Agreement by Zoetis. Zoetis had served the said notice of expiration pursuant to Clause 5 of the Distribution Agreement which provides that Zoetis may terminate the Distribution Agreement.

Zoetis is a major supplier of animal vaccines, veterinary pharmaceuticals and antibiotic feed additives for the Sunzen Group. Based on the audited consolidated financial statements of Sunzen for the financial year ended 31 December 2013, the Sunzen Group recorded a total revenue of RM37,325,958 of which Zoetis’ sales contributed RM6,595,452 or approximately 17% of its Group’s revenue.

There will be no operational impact to Sunzen Group as the manpower will be mobilised for other existing contracts for the supply of animal vaccines, veterinary pharmaceuticals and antibiotics feed additives to the customers.

The Board of Directors is of the view that the Sunzen Group’s future revenue and profitability may be affected due to the termination of the above Distribution Agreement and the Group’s revenue and probability may recover subsequently once the new distribution agreement is finalised.

This announcement is dated 8 October 2014.



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

Announcement Type: General Announcement
Company NameKELINGTON GROUP BERHAD  
Stock Name KGB  
Date Announced8 Oct 2014  
CategoryGeneral Announcement
Reference NoCA-141008-60647

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionNOTIFICATION OF DEALINGS IN THE COMPANY’S SECURITIES OUTSIDE CLOSED PERIOD BY PRINCIPAL OFFICER PURSUANT TO PARAGRAPH 14.09 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”)

We wish to announce that the Company has received notification from the following Principal Officer of the Company on his dealings in the securities of the Company outside closed period as defined in the Main Market Listing Requirements of Bursa Securities as shown in the table below:-

Name of Principal Officer

Date of Dealings

No. of Ordinary Shares of RM0.10 each (“OS”) Disposed

% of Disposal

Consideration (RM per OS)

Wan Siew Chuan

30.09.2014

10,000

0.005

0.455

01.10.2014

10,000

0.005

0.46

03.10.2014

20,000

0.009

0.47

07.10.2014

20,000

0.009

0.485

This announcement is dated 8 October 2014.



FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameFTSE BURSA MALAYSIA KLCI ETF  
Stock Name FBMKLCI-EA  
Date Announced8 Oct 2014  
CategoryGeneral Announcement
Reference NoFB-141008-868B0

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 8 October 2014

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.8809
Units in circulation (units): 1,672,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,824.32

Attachments

FBM KLCI etf 20141008.xls
31 KB



AMBANK - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced8 Oct 2014  
CategoryChange in Boardroom
Reference NoAH-141003-50001

Date of change08/10/2014
NameGilles Plant
Age51
NationalityAustralian
Type of changeRetirement
DesignationDirector
DirectorateNon Independent & Non Executive
Qualifications1) Master of Science, Ecole Sp ciale de M chanique et d'Electricit , Paris

2) Master of International Finance, Institut d'Administration des Entreprises Sorbonne, Paris 
Working experience and occupation N/A 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesNil 

Remarks :
Retired upon completion of Bank Negara Malaysia's approved tenure of appointment as director on 8 October 2014.


AMBANK - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced8 Oct 2014  
CategoryChange in Audit Committee
Reference NoAH-141007-28882

Date of change08/10/2014
NameGilles Plant
Age51
NationalityAustralian
Type of changeResignation
DesignationMember of Audit Committee
DirectorateNon Independent & Non Executive
Qualifications1) Master of Science, Ecole Sp ciale de M chanique et d'Electricit , Paris

2) Master of International Finance, Institut d'Administration des Entreprises Sorbonne, Paris 
Working experience and occupation N/A 
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil  
Details of any interest in the securities of the listed issuer or its subsidiariesNil 
Composition of Audit Committee (Name and Directorate of members after change)1. Tan Sri Datuk Dr Aris Osman @ Othman (Independent Non-Executive Director) - Chairman
2. Dato' Azlan Hashim (Non-Independent Non-Executive Deputy Chairman) - Member
3. Tan Sri Datuk Clifford Francis Herbert (Senior Independent Non-Executive Director) - Member
4. Dato' Gan Nyap Liou @ Gan Nyap Liow (Independent Non-Executive Director) - Member

Remarks :
Ceased to be a Member of Audit Committee following retirement upon completion of Bank Negara Malaysia's approved tenure of appointment as director on 8 October 2014.


AMBANK - 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 NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced8 Oct 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAH-141008-82572

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

1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
[Acquisition of 197,700 shares]

2. Employees Provident Fund Board

3. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (KIB)

4. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (MAYBAN)

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (KAF FM)

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)

7. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (CIMB PRI)

8. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM)

9. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (TEMPLETON)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired02/10/2014
197,700
 

Circumstances by reason of which change has occurredAcquisition of shares.
Nature of interestDirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change427,844,937
Date of notice03/10/2014

Remarks :
This notice was received on 8 October 2014.


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