Company announcements: GHLSYS, GRANFLO, CWORKS, N2N, SUNZEN

GHLSYS - MEMORANDUM OF UNDERSTANDING

Announcement Type: General Announcement

Company Name	GHL SYSTEMS BERHAD
Stock Name	GHLSYS
Date Announced	26 Nov 2014
Category	General Announcement
Reference No	CK-141119-39355

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	GHL SYSTEMS BERHAD ("GHL" OR "THE COMPANY") - UPDATE ON MEMORANDUM OF UNDERSTANDING (“MOU”) ENTERED INTO BETWEEN THE COMPANY AND PT. PERURI DIGITAL SECURITY ("PDS")
Further to our announcements dated 14 February 2014, 28 May 2014 and 20 August 2014, in respect of the MOU entered into between GHL and PDS, the Board of Directors of GHL wishes to announce that there were no changes in the status of the MOU since the date of announcement on 20 August 2014. This announcement is dated 26 November 2014.

---

GHLSYS - Quarterly rpt on consolidated results for the financial period ended 30/9/2014

Announcement Type: Financial Results

Company Name	GHL SYSTEMS BERHAD
Stock Name	GHLSYS
Date Announced	26 Nov 2014
Category	Financial Results
Reference No	CK-141119-38407

Financial Year End	31/12/2014
Quarter	3
Quarterly report for the financial period ended	30/09/2014
The figures	have not been audited

Attachments GHL Q3 2014 V2.pdf 91 KB GHL Q3 2014_Notes V2.pdf 488 KB

Remarks :

• Default Currency
• Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2014	30/09/2013	30/09/2014	30/09/2013
		$$'000	$$'000	$$'000	$$'000
1	Revenue	45,741	17,251	115,800	50,973
2	Profit/(loss) before tax	2,973	2,074	8,077	5,528
3	Profit/(loss) for the period	1,762	2,007	6,345	5,565
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,820	2,023	6,406	5,606
5	Basic earnings/(loss) per share (Subunit)	0.43	1.18	1.68	3.52
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.3945		0.3056

Remarks :

Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country	Base Unit	Subunit
Malaysia	Ringgit	Sen
United States	Dollar	Cent
United Kingdom	Pound	Pence

Currency:

SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		$$'000	$$'000	$$'000	$$'000
1	Revenue
2	Profit/(loss) before tax
3	Profit/(loss) for the period
4	Profit/(loss) attributable to ordinary equity holders of the parent
5	Basic earnings/(loss) per share (Subunit)
6	Proposed/Declared dividend per share (Subunit)
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)

Remarks :

Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country	Base Unit	Subunit
Malaysia	Ringgit	Sen
United States	Dollar	Cent
United Kingdom	Pound	Pence

---

GRANFLO - Notice of Shares Buy Back by a Company pursuant to Form 28A

Announcement Type: Notice of Shares Buy Back by a Company Pursuant to Form 28A

Company Name	GRAND-FLO BERHAD
Stock Name	GRANFLO
Date Announced	26 Nov 2014
Category	Notice of Shares Buy Back by a Company Pursuant to Form 28A
Reference No	CM-141121-6C3D7

Date of buy back from	13/11/2014
Date of buy back to	21/11/2014
Currency	Malaysian Ringgit (MYR)
Total number of shares purchased (units)	46,000
Minimum price paid for each share purchased ($$)	0.290
Maximum price paid for each share purchased ($$)	0.300
Total amount paid for shares purchased ($$)	13,629.99
The name of the stock exchange through which the shares were purchased	Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units)	46,000
Total number of shares retained in treasury (units)	782,600
Number of shares purchased which were cancelled (units)	0
Total issued capital as diminished
Date lodged with registrar of companies	26/11/2014
Lodged by	Cospec Management Services Sdn. Bhd.

Remarks :

---

GRANFLO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement

Company Name	GRAND-FLO BERHAD
Stock Name	GRANFLO
Date Announced	26 Nov 2014
Category	Notice of Shares Buy Back - Immediate Announcement
Reference No	CM-141126-2EC9C

Date of buy back	26/11/2014
Description of shares purchased	Ordinary Shares of RM0.10 each
Currency	Malaysian Ringgit (MYR)
Total number of shares purchased (units)	20,000
Minimum price paid for each share purchased ($$)	0.295
Maximum price paid for each share purchased ($$)	0.300
Total consideration paid ($$)	5,925.00
Number of shares purchased retained in treasury (units)	20,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)	817,600
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 (%)	0.223

Remarks :

---

CWORKS - Change in Audit Committee

Announcement Type: Change in Audit Committee

Company Name	CWORKS SYSTEMS BERHAD (ACE Market)
Stock Name	CWORKS
Date Announced	26 Nov 2014
Category	Change in Audit Committee
Reference No	CC-141126-58772

Date of change	26/11/2014
Name	Tan Beng Hoe
Age	64
Nationality	Malaysian/Chinese
Type of change	Appointment
Designation	Member of Audit Committee
Directorate	Independent & Non Executive
Qualifications	Bachelor of Economics (Hons) University Malaya Graduated in 1973 Graduate School of Business, University of Pittsburgh, USA Executive Management Programme 1981
Working experience and occupation	Over 38 years of experience in international treasury/banking/finance/debt restructuring/corporate planning/strategy and mergers and acquisition.
Directorship of public companies (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	Nil
Composition of Audit Committee (Name and Directorate of members after change)	1)Ahmad Ruslan Zahari bin Zaharia, Independent Non-Executive Director (Chairman of Audit Committee) 2) Adnan bin Zainol, Independent Non-Executive Director (Member of Audit Committee) 3) Tan Beng Hoe, Independent Non-Executive Director (Member of Audit Committee

Remarks :

Gender : Male

---

CWORKS - Change in Boardroom

Announcement Type: Change in Boardroom

Company Name	CWORKS SYSTEMS BERHAD (ACE Market)
Stock Name	CWORKS
Date Announced	26 Nov 2014
Category	Change in Boardroom
Reference No	CC-141126-58301

Date of change	26/11/2014
Name	Tan Beng Hoe
Age	64
Nationality	Malaysian/Chinese
Type of change	Appointment
Designation	Non-Executive Director
Directorate	Independent & Non Executive
Qualifications	Bachelor of Economics (Hons) University Malaya Graduated in 1973 Graduate School of Business, University of Pittsburgh, USA Executive Management Programme 1981
Working experience and occupation	Over 38 years of experience in international treasury/banking/finance/debt/restructuring/corporate planning/strategy and mergers and acquisitions.
Directorship of public companies (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	Nil

Remarks :

Gender : Male

---

CWORKS - Change in Audit Committee

Announcement Type: Change in Audit Committee

Company Name	CWORKS SYSTEMS BERHAD (ACE Market)
Stock Name	CWORKS
Date Announced	26 Nov 2014
Category	Change in Audit Committee
Reference No	CC-140911-36967

Date of change	26/11/2014
Name	Dato' Hajjah Safiah binti Basrah
Age	64
Nationality	Malaysian
Type of change	Resignation
Designation	Member of Audit Committee
Directorate	Independent & Non Executive
Qualifications	Bachelor of Economics (Honours), Universiti Malaya
Working experience and occupation	She has served in various positions in government agencies and ministries, among which are, Public Services Department, Ministry of Health, Ministry of Agriculture, Economic Planning Unit, Prime Minister's Departments Ministry of Defense and Ministry of Finance.
Directorship of public companies (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	Nil
Composition of Audit Committee (Name and Directorate of members after change)	1) Ahmad Ruslan Zahari bin Zakaria, Independent Non-Executive Director (Chairman of the Audit Committee) 2) Adnan bin Zainol, Independent Non-Executive Director (Member of Audit Committee) 3) Tan Beng Hoe, Independent Non-Executive Director (Member of Audit Committee)

Remarks :

---

CWORKS - Change in Boardroom

Announcement Type: Change in Boardroom

Company Name	CWORKS SYSTEMS BERHAD (ACE Market)
Stock Name	CWORKS
Date Announced	26 Nov 2014
Category	Change in Boardroom
Reference No	CC-140910-65465

Date of change	26/11/2014
Name	Dato' Hajjah Safiah binti Basrah
Age	64
Nationality	Malaysian
Designation	Director
Directorate	Independent & Non Executive
Type of change	Resignation
Reason	Due to her other personal commitments.
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	Bachelor of Economics (Honours), Universiti Malaya
Working experience and occupation	She has served in various positions in government agencies and ministries, among which are, Public Services Department, Ministry of Health, Ministry of Agriculture, Economic Planning Unit, Prime Minister's Departments Ministry of Defense and Ministry of Finance.
Directorship of public companies (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	Nil

Remarks :

---

N2N - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement

Company Name	N2N CONNECT BERHAD (ACE Market)
Stock Name	N2N
Date Announced	26 Nov 2014
Category	Notice of Shares Buy Back - Immediate Announcement
Reference No	CM-141126-37729

Date of buy back	26/11/2014
Description of shares purchased	Ordinary shares of RM0.10 each
Currency	Malaysian Ringgit (MYR)
Total number of shares purchased (units)	77,600
Minimum price paid for each share purchased ($$)	0.850
Maximum price paid for each share purchased ($$)	0.875
Total consideration paid ($$)	66,943.50
Number of shares purchased retained in treasury (units)	77,600
Number of shares purchased which are proposed to be cancelled (units)	0
Cumulative net outstanding treasury shares as at to-date (units)	5,859,400
Adjusted issued capital after cancellation (no. of shares) (units)	0
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)	1.3326

Remarks :

---

SUNZEN - OTHERS SUNZEN BIOTECH BERHAD (“SUNZEN” OR “THE COMPANY”) - VALUATION OF NON-CURRENT ASSETS

Announcement Type: General Announcement

Company Name	SUNZEN BIOTECH BERHAD (ACE Market)
Stock Name	SUNZEN
Date Announced	26 Nov 2014
Category	General Announcement
Reference No	CA-141126-55001

Type	Announcement
Subject	OTHERS
Description	SUNZEN BIOTECH BERHAD (“SUNZEN” OR “THE COMPANY”) - VALUATION OF NON-CURRENT ASSETS
Further to the Company’s announcement on 25 November 2014, the Board of Directors of Sunzen is pleased to announce that based on the audited financial statements as at 31 December 2013, the revaluation surplus will increase the net asset per share of the group from RM0.2181 to RM0.3020.

---