INSTACO - MULTIPLE PROPOSALS
Company Name | INSTACOM GROUP BERHAD (ACE Market) |
Stock Name | INSTACO |
Date Announced | 18 Nov 2014 |
Category | General Announcement |
Reference No | MI-141118-46484 |
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 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") |
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals. We refer to our earlier announcements dated 2 October 2014 and 30 October 2014. On behalf of the Board of Directors of Instacom, RHB Investment Bank Berhad ("RHBIB") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 14 November 2014 (which was received on late 17 November 2014), resolved to approve the following:- i. Admission to the Official List and listing and quotation of up to 210,676,278 Warrants C to be issued pursuant to the Proposed Bonus Issue of Warrants; ii. Listing of up 210,676,278 new Instacom shares arising from the exercise of the Warrants C; and iii. Listing of 309,473,684 new Instacom Shares to be issued pursuant to the Proposed Acquisition ("Consideration Shares"). The approval by Bursa Securities for the Consideration Shares and the Proposed Bonus Issue of Warrants is subject to the following conditions:- i. Instacom and RHBIB must fully comply with the relevant provisions under the ACE Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Acquisition and the Proposed Bonus Issue of Warrants; ii. Instacom and RHBIB to inform Bursa Securities upon completion of the Proposed Acquisition and the Proposed Bonus Issue of Warrants; iii. Instacom to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Acquisition and the Proposed Bonus Issue of Warrants are completed; and iv. Instacom is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of the Warrants as at the end of each quarter together with a detailed computation of listing fees payable.
|
TECFAST - OTHERS TECHFAST HOLDINGS BERHAD (“THB” OR “COMPANY”) PROPOSED ACQUISITION OF A 40% EQUITY INTEREST IN EACH OF THB’S 50%-OWNED ENTITIES, NAMELY CAPE TECHNOLOGY SDN BHD AND ORIEM TECHNOLOGY SDN BHD FOR A TOTAL CASH CONSIDERATION OF UP TO RM12,160,000.00 (“PROPOSED ACQUISITION”)
Company Name | TECHFAST HOLDINGS BERHAD (ACE Market) |
Stock Name | TECFAST |
Date Announced | 18 Nov 2014 |
Category | General Announcement |
Reference No | MB-141020-57194 |
Type | Announcement |
Subject | OTHERS |
Description | TECHFAST HOLDINGS BERHAD (“THB” OR “COMPANY”) PROPOSED ACQUISITION OF A 40% EQUITY INTEREST IN EACH OF THB’S 50%-OWNED ENTITIES, NAMELY CAPE TECHNOLOGY SDN BHD AND ORIEM TECHNOLOGY SDN BHD FOR A TOTAL CASH CONSIDERATION OF UP TO RM12,160,000.00 (“PROPOSED ACQUISITION”) |
This announcement is dated 18 November 2014. Reference is made to the Company’s announcements dated 18 August 2014, 20 August 2014 and 2 September 2014 (“Earlier Announcements”) and the circular to shareholders dated 1 October 2014 (“Circular”). Unless otherwise stated, defined terms in this announcement shall carry the same respective meanings as defined in the Earlier Announcements and Circular. On behalf of the Board of Directors of THB (“Board”), AmInvestment Bank Berhad wishes to announce that the Proposed Acquisition has been completed on 17 November 2014. |
TEXCYCL - Notice of Shares Buy Back - Immediate Announcement
Company Name | TEX CYCLE TECHNOLOGY (M) BERHAD (ACE Market) |
Stock Name | TEXCYCL |
Date Announced | 18 Nov 2014 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | CC-141118-125F3 |
XINGHE - Changes in Director's Interest (S135) - Ng Min Lin
Company Name | XINGHE HOLDINGS BERHAD (ACE Market) |
Stock Name | XINGHE |
Date Announced | 18 Nov 2014 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | CC-141117-13C3B |
Information Compiled By KLSE
Regularisation Sponsor | AmInvestment Bank Bhd |
Sponsor | Mercury Securities Sdn Bhd |
Particulars of Director
Name | Ng Min Lin |
Address | A-18-4, Vista Kiara 7, Jalan Kiara 3 Mont Kiara 50480 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 | 400,000 | 0.078 |
Circumstances by reason of which change has occurred | Acquisition |
Nature of interest | Direct Interest |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 35,214,700 |
Direct (%) | 1.5 |
Indirect/deemed interest (units) | 3,437,200 |
Indirect/deemed interest (%) | 0.15 |
Date of notice | 18/11/2014 |
Remarks : |
AmInvestment Bank Berhad and Mercury Securities Sdn Bhd are the joint sponsors to XingHe Holdings Berhad. Direct Holding:- - Amsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 284,500 shares - Amsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 209,700 shares - JF Apex Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin (STA 1) - 9,500 shares - Mercsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 10,000,000 shares - Maybank Securities Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin - 14,711,000 shares - Mercsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Ng Min Lin (NAF231) - 10,000,000 shares Indirect Holding:- - Elite Lion Sdn. Bhd. - 3,437,200 shares |
XINGHE - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
Company Name | XINGHE HOLDINGS BERHAD (ACE Market) |
Stock Name | XINGHE |
Date Announced | 18 Nov 2014 |
Category | General Announcement |
Reference No | CC-141117-13C0C |
Regularisation Sponsor | AmInvestment Bank Bhd |
Sponsor | Mercury Securities Sdn Bhd |
Type | Announcement | ||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||
Description | AmInvestment Bank Berhad and Mercury Securities Sdn Bhd are the joint sponsors to XingHe Holdings Berhad (fka: Key West Global Telecommunications Berhad)("the Company"). We wish to announce that Mr Ng Min Lin, a director of XingHe Holdings Berhad has acquired 400,000 shares of the Company during the closed period pursuant to Rule 14.08(d) of Bursa Malaysia Securities Berhad's ACE Market Listing Requirements on Dealings in Listed Securities. The details are set out as below: | ||||||||||
|
ESCERAM - GENERAL MEETINGS: OUTCOME OF MEETING
Company Name | ES CERAMICS TECHNOLOGY BHD (ACE Market) |
Stock Name | ESCERAM |
Date Announced | 18 Nov 2014 |
Category | General Meetings |
Reference No | CA-141020-56187 |
Type of Meeting | AGM |
Indicator | Outcome of Meeting |
Date of Meeting | 18/11/2014 |
Time | 10:00 AM |
Venue | Greens II, Tropicana Golf & Country Resort Jalan Kelab Tropicana Off Jalan Tropicana Utama 47410 Petaling Jaya Selangor Darul Ehsan |
Outcome of Meeting | The Directors of ES Ceramics Technology Berhad ("Company") wish to announce that the shareholders of the Company have at the Eleventh Annual General Meeting ("11th AGM") held this morning passed all the resolutions set out in the Notice of the 11th AGM dated 24 October 2014 by way of a show of hands. |
TMCLIFE - Circular/Notice to Shareholders
Company Name | TMC LIFE SCIENCES BERHAD |
Stock Name | TMCLIFE |
Date Announced | 18 Nov 2014 |
Category | PDF Submission |
Reference No | CA-141118-32182 |
Subject | Notice to Holders of Warrants 2011/2014 in relation to the expiry and last date for the exercise of the Warrants 2011/2014 |
TMCLIFE-WA - Expiry/Maturity of the securities
Company Name | TMC LIFE SCIENCES BERHAD |
Stock Name | TMCLIFE-WA |
Date Announced | 18 Nov 2014 |
Category | Expiry / Maturity / Termination of Securities |
Reference No | CA-141114-33638 |
N2N - Notice of Shares Buy Back - Immediate Announcement
Company Name | N2N CONNECT BERHAD (ACE Market) |
Stock Name | N2N |
Date Announced | 18 Nov 2014 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | CM-141118-331DE |
FOCUS - Notice of Interest Sub. S-hldr (29A) - ASIA BIOENERGY TECHNOLOGIES BERHAD
Company Name | FOCUS DYNAMICS TECHNOLOGIES BERHAD (ACE Market) |
Stock Name | FOCUS |
Date Announced | 18 Nov 2014 |
Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
Reference No | CC-141118-CAE30 |
Particulars of Substantial Securities Holder
Name | ASIA BIOENERGY TECHNOLOGIES BERHAD |
Address | B-11-10 LEVEL 11, MEGAN AVENUE II, JALAN YAP KWAN SENG, 50450 KUALA LUMPUR. |
NRIC/Passport No/Company No. | 774628-U |
Nationality/Country of incorporation | MALAYSIA |
Descriptions (Class & nominal value) | ORDINARY SHARE OF RM0.10 EACH |
Name & address of registered holder | ASIABIO CAPITAL SDN. BHD. OF 13A08, LOBBY 2, BLOCK A, DAMANSARA INTAN, NO. 1 JALAN SS20/27, 47400 PETALING JAYA, SELANGOR. |
No comments:
Post a Comment