November 14, 2014

Company announcements: IFCAMSC, OPCOM, DAYA, N2N, FLONIC, FOCUS, EXTOL, FBMKLCI-EA, NICORP, AIRPORT

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

Announcement Type: General Announcement
Company NameIFCA MSC BERHAD (ACE Market) 
Stock Name IFCAMSC  
Date Announced14 Nov 2014  
CategoryGeneral Announcement
Reference NoIM-141114-37490

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionIFCA MSC BERHAD ("IFCA" or "THE COMPANY")
NOTICE PURSUANT TO PARAGRAPH 14.09 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITES BERHAD

The Company wishes to announce that it has received notification on 14 November 2014 pursuant to Paragraph 14.09 of the Ace Market Listing Requirements of Bursa Securities from Mr. Yong Keang Cheun, the Chief Executive Officer of the Company, on his dealings in the securities of the Company outside the closed period as per the table below.

Date of Dealing

Description of Securities

Type of interest

No. of securities acquired / (disposed)

% of securities acquired / (disposed)

Total no. of securities after acquired/ disposal

Price transacted (RM)

13/11/2014

Warrants 2011/2016

 

Direct

1,000,000

0.74

2,000,015

0.691 per warrant


This announcement is dated 14 November 2014.

Percentage interest is based on the outstanding warrants of 135,631,000 as at 14.11.2014



OPCOM - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameOPCOM HOLDINGS BERHAD (ACE Market) 
Stock Name OPCOM  
Date Announced14 Nov 2014  
CategoryGeneral Announcement
Reference NoOH-141114-40694

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
DescriptionNotice of Intention to Deal During Closed Period

This is to notify that the Company has received notification from the following director of the Company that he intends to deal in the securities of the Company during closed period. This notice is made in accordance to Rule 14.08 of Bursa Malaysia Securities Berhad ACE Market Listing Requirements. The current shareholding of the director is as follows:

Name of Director

Total No. of Shares Held

% of Shares Held

Remark

Chhoa Kwang Hua

2,723,875

1.69

Direct

This announcement is dated 14 November 2014.



DAYA - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameDAYA MATERIALS BERHAD  
Stock Name DAYA  
Date Announced14 Nov 2014  
CategoryGeneral Meetings
Reference NoCC-141113-5EBFA

Type of MeetingEGM
IndicatorNotice of Meeting
DescriptionNotice of the Extraordinary General Meeting (“EGM”) of Daya Materials Berhad
Date of Meeting09/12/2014
Time10:30 AM
VenueMTD Group Building, Ground Floor, No. 1, Jalan Batu Caves, 68100 Batu Caves, Selangor Darul Ehsan
Date of General Meeting Record of Depositors03/12/2014

Attachments

Daya Material EGM - notice.pdf
106 KB



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 Announced14 Nov 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-141114-35FAA

Date of buy back14/11/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)16,500
Minimum price paid for each share purchased ($$)0.850
Maximum price paid for each share purchased ($$)0.850
Total consideration paid ($$)14,025.00
Number of shares purchased retained in treasury (units)16,500
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)5,330,100
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 (%)1.2122


FLONIC - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameFLONIC HI-TEC BHD (ACE Market) 
Stock Name FLONIC  
Date Announced14 Nov 2014  
CategoryGeneral Announcement
Reference NoOS-141114-2C268

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionFLONIC HI-TEC BHD (“FLONIC” OR “COMPANY”)
• RIGHTS ISSUE WITH WARRANTS

(All abbreviations used in this announcement are defined in the announcement dated 17 April 2014)

 

We refer to the earlier announcements in relation to the Rights Issue with Warrants.

 

On behalf of the Board of Directors of FLONIC, M&A Securities Sdn Bhd wishes to announce that the Rights Issue with Warrants is deemed completed following the listing of and quotation for the following securities on the ACE Market of Bursa Securities on 14 November 2014:

 

(i) 399,457,437 Rights Shares issued pursuant to the Rights Issue with Warrants; 

 

(ii) 266,304,708 Warrants issued pursuant to the Rights Issue with Warrants; and

 

(iii) 8,353,180 new additional Warrants 2012/2017 arising from the adjustment to the number of outstanding Warrants 2012/2017 pursuant to the Rights issue with Warrants.

 

The notice to warrantholders has been despatched to all holders of Warrants 2012/2017 to provide warrantholders on information relating to the adjustment.

 

This announcement is dated 14 November 2014.


 

 

 

 

 



FOCUS - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameFOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) 
Stock Name FOCUS  
Date Announced14 Nov 2014  
CategoryGeneral Announcement
Reference NoOS-141114-2C261

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionFOCUS DYNAMICS TECHNOLOGIES BERHAD (“FOCUS” OR “COMPANY”)

• RIGHTS ISSUE WITH WARRANTS

(All abbreviations used in this announcement are defined in the announcement dated 3 March 2014)

We refer to the earlier announcements in relation to the Rights Issue with Warrants.

On behalf of the Board of Directors of FOCUS, M&A Securities Sdn Bhd wishes to announce that the Rights Issue with Warrants is deemed completed following the listing of and quotation for the following securities on the ACE Market of Bursa Securities on 14 November 2014:

(i) 352,751,394 Rights Shares issued pursuant to the Rights Issue with Warrants; and

(ii) 235,167,596 Warrants issued pursuant to the Rights Issue with Warrants.

This announcement is dated 14 November 2014.

 

 

 

 

 

 

 

 

 

 



EXTOL - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameEXTOL MSC BERHAD (ACE Market) 
Stock Name EXTOL  
Date Announced14 Nov 2014  
CategoryGeneral Announcement
Reference NoCC-141114-58488

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionExtol MSC Berhad ("Extol" or "the Company")
Kuala Lumpur High Court
Suite No. : B52NCvC-246-08/2014
Xconnect Global Networks Limited (“the Plantiff”) V Extol Ventures Sdn Bhd (“the Defendants”) (By Original Action)
And Between
Extol Venture Sdn Bhd (“the Plantiff”) V Xconnect Global Networks Limited & Mohd Badaruddin Bin Masodi (“the Defendants”)(By Counterclaim)

Further to the Company’s announcement made on 20 August 2014.

The Board of Directors of Extol wishes to inform that Extol Ventures Sdn Bhd (“Extol Ventures”) had on 15 September 2014 filed a Defence and Counterclaim against Xconnect Global Networks Limited & Mohd Badaruddin Bin Masodi. Extol Ventures denies certain contents in the earlier Statement of Claim. Mohd Badaruddin Bin Masodi had entered into the Malaysia Interconnection Exchange (“MIE Agreement”) for Extol Ventures, on 3 October 2013 without any approval and/or ratification from the Board and/or shareholders of Extol Ventures.

By the MIE Agreement, Xconnect Global Networks Limited had appointed Extol Ventures as the exclusive Channel Partner for the delivery of Xconnect Global Networks Limited’s Products and Services to the customers in the territories of Malaysia and Indonesia.

Notwithstanding the terms of the MIE Agreement, Xconnect Global Networks Limited entered into an agreement with a third party, TG AGAS Technology Sdn Bhd, on 4 October 2013 which is known as the Malaysian Federation Agreement (“MFA Agreement”) where all the provisions therein are identical to those found in the MIE Agreement.

Without the knowledge and/or the approval of the Board members and/or shareholders of Extol Ventures, Mohd Badaruddin Bin Masodi, as the Executive Deputy Chairman of TG AGAS Technology Sdn Bhd, had on 4 October 2013 entered into the MFA Agreement with Xconnect Global Networks Limited.

Extol Ventures avers that Xconnect Global Networks Limited had breached the MIE Agreement as the right of Extol Ventures as the exclusive Channel Partner to supply Xconnect Global Networks Limited’s Products and Services in Malaysia was denied by Xconnect Global Networks Limited entering into the MFA Agreement with TG AGAS Technology Sdn Bhd on 4 October 2013. Extol Ventures avers that Xconnect Global Networks Limited has failed and/or refused to fulfil their obligations in the MIE Agreement. By reason of the matters aforesaid, Extol Ventures denies being indebted to Xconnect Global Networks Limited as alleged in the Statement of Claim.

As such, Extol Ventures claims that Xconnect Global Networks Limited through John Wilkinson and Mohd Badaruddin Bin Masodi who is a director and shareholder of both Extol Ventures and TG AGAS Technology Sdn Bhd have acted to benefit TG AGAS Technology Sdn Bhd and to cause Extol Ventures to suffer financial loss.

Extol Ventures avers that Mohd Badaruddin Bin Masodi had breached his fiduciary duty under the Companies Act, 1965 where he shall at all times exercise his power for a proper purpose and in good faith in the best interest of Extol Ventures.

Wherefore, Extol Ventures counter claims against Xconnect Global Networks Limited and Mohd Badaruddin Bin Masodi as follows:-

Against Xconnect Global Networks Limited: -

  1. The sum of US$87,075.11;

  2. General Damages;

  3. Interest;

  4. Costs;

  5. Further or other relief as may be just.

Against Mohd Badaruddin Bin Masodi: -

  1. If Xconnect Global Networks Limited succeeds in its claim against Extol Ventures, an Order that Mohd Badaruddin Bin Masodi do indemnify Extol Ventures against all losses suffered and that he pay directly to Xconnect Global Networks Limited all of the judgement sum, including interest and costs, which Extol Ventures is ordered to pay to Xconnect Global Networks Limited.

  2. The sum of US$87,075.11.

  3. General Damages.

  4. Exemplary Damages.

  5. Interest.

  6. Costs.

  7. Further or other relief as may be just.

The application for security for costs has been fixed for hearing on 17 November 2014 pending filing of the Affidavit in Reply by the Plaintiff.

Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement dated 14 November 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 Announced14 Nov 2014  
CategoryGeneral Announcement
Reference NoFB-141114-61A9A

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 14 November 2014

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.8721
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: 1,813.79

Attachments

FBM KLCI etf 20141114.xls
31 KB



NICORP - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameNAIM INDAH CORPORATION BERHAD  
Stock Name NICORP  
Date Announced14 Nov 2014  
CategoryChange in Boardroom
Reference NoCK-141021-60836

Date of change14/11/2014
NameDatuk Raymond Chan Boon Siew
Age42
NationalityMalaysian
DesignationDirector
DirectorateNon Independent & Non Executive
Type of changeResignation
ReasonDatuk Raymond Chan Boon Siew's resignation is consequential to the disposal of his entire interest in the securities of Naim Indah Corporation Berhad.
Details of any disagreement that he/she has with the Board of DirectorsNo
Whether there are any matters that need to be brought to the attention of the shareholdersNo
QualificationsBachelor of Business Administration (Honours), Western Michigan University, United States of America. 
Working experience and occupation Datuk Raymond Chan Boon Siew is the Managing Director and Chief Executive Officer ("CEO") of Sagajuta Group of Companies and the Managing Director of 1Green Enviro Sdn. Bhd.. He is also CEO of Harvest Court Industries Berhad. 
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 :
Gender: Male


AIRPORT - 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 NameMALAYSIA AIRPORTS HOLDINGS BERHAD  
Stock Name AIRPORT  
Date Announced14 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMA-141114-E2F53

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 incorporationIncorporated in Malaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd -
Employees Provident Fund Board (AFFIN-HWG)
Employees Provident Fund Board (CIMB PRI)
Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired11/11/2014
258,000
 
Disposed11/11/2014
382,800
 

Circumstances by reason of which change has occurredAcquisition of shares by the portfolio managers of the EPF Board.
Nature of interestDirect
Direct (units)182,766,681 
Direct (%)13.3003 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change182,766,681
Date of notice12/11/2014

Remarks :
The announcement is based on the Form 29B dated 12 November 2014 which was received on 14 November 2014.


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