IRIS - MEMORANDUM OF UNDERSTANDING
| Company Name | IRIS CORPORATION BERHAD (ACE Market) |
| Stock Name | IRIS |
| Date Announced | 21 Nov 2014 |
| Category | General Announcement |
| Reference No | IC-141121-61485 |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | MEMORANDUM OF UNDERSTANDING (“MOU”) BETWEEN STAMFORD COLLEGE (PJ) SDN BHD (“SCPJ”), A SUBSIDIARY OF IRIS CORPORATION BERHAD (“the Company”) AND PENANG MEDICAL COLLEGE SDN. BHD. (“PMC”) ON 19TH NOVEMBER, 2014 |
MEMORANDUM OF UNDERSTANDING (“MOU”) BETWEEN STAMFORD COLLEGE (PJ) SDN BHD (“SCPJ”), A SUBSIDIARY OF IRIS CORPORATION BERHAD ( "ICB"/“the Company”) AND PENANG MEDICAL COLLEGE SDN. BHD. (“PMC”) ON 19TH NOVEMBER, 2014 1. INTRODUCTION The Board of Directors of IRIS Corporation Berhad (“ICB”/“the Company”) is pleased to announce that on 19th November 2014, its subsidiary Stamford College (PJ) Sdn Bhd (“SJCP”) had entered into a Memorandum of Understanding (“MOU”) with PENANG MEDICAL COLLEGE SDN. BHD (“PMC”) for the collaboration of SCPJ students to commence a five (5) year PMC Medical Programme and other non-medical courses to be conducted in SCPJ. 2. INFORMATION ON PMC Penang Medical College (PMC) in association with the Royal College of Surgeons in Ireland, University College Dublin and the Ministry of Health is recognized as an esteemed institution that has contributed effectively to healthcare through excellence in medical education, training, research and practice. It has its place of business and campus at No 4, Jalan Sepoy Lines, 10450 Georgetown, Penang. 3. CONTENTS OF THE MOU The content of this MOU is primarily to set forth the intention of the parties to collaborate on the following matters:
4. RATIONALE OF THE MOU Both SCPJ and PMC recognizing the synergies of their respective strengths, have reached the following understanding for cooperation in creating better opportunities for students interested in entering the field of medicine in an accredited and esteemed medical college like PMC in Malaysia. 5. COST OF IMPLEMENTATION The estimated cost of implementation of the collaboration is subject to the terms and conditions of a formal Collaboration Agreement to be entered into between SCPJ and PMC at a later time. 6. RISK FACTORS Like all business entities, risk factors affecting the MOU include but not limited to execution risks such as business expansion, prudent financial management, changes in price materials, economic and regulatory conditions. In addition, there is also no further assurance that the anticipated benefits from the MOU will be realised and that SCPJ will be able to generate sufficient revenue from the MOU to offset the associated cost. Nevertheless, the Board of Directors of the Company has and will continue to exercise due care in considering the risks and benefits associated with the MOU and will take appropriate measures in planning the successful integration of the MOU with its current business operations. Further, ICB Group is committed towards the close monitoring of the development of this MOU in order to minimize any implementation issues of delays. 7. FINANCIAL EFFECTS ON THE MOU The MOU is not expected to have any effect on the issued and paid-up capital, substantial shareholders’ shareholdings, net assets per share and gearing of the ICB Group for the financial year ending 31 March, 2015. Barring unforeseen circumstances, the Board is of the opinion that the MOU will contribute positively to the earnings and earnings of ICB Group in the future. 8. APPROVALS REQUIRED The MOU does not require the approval of ICB shareholders or any relevant government authorities. 9. DIRECTORS’ AND MAJOR SHAREHOLDER’S INTERESTS None of the directors, major shareholders, persons connected with directors or major shareholders of the Company or any of its subsidiaries have any interest, direct or indirect, in the MOU. 10. STATEMENT BY DIRECTORS The Board of Directors of ICB, having considered all aspects of the MOU, is of the opinion that the MOU is in the best interest of the ICB Group. 11. DOCUMENT FOR INSPECTION This MOU is available for inspection at the registered office of ICB during office hours at Level 18, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur for a period of three (3) months from the date of this announcement. This announcement is dated 21st November, 2014. | |
GRANFLO - Additional Listing Announcement
| Company Name | GRAND-FLO BERHAD |
| Stock Name | GRANFLO |
| Date Announced | 21 Nov 2014 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | CM-141120-51E04 |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Others |
| Details of corporate proposal | Conversion of warrants 2010/2015 to ordinary shares |
| No. of shares issued under this corporate proposal | 60,000 |
| Issue price per share ($$) | MYR 0.120 |
| Par Value ($$) | MYR 0.100 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 367,033,615 |
| Currency | MYR 36,703,361.500 |
| Listing Date | 25/11/2014 |
JOBST - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
| Company Name | JOBSTREET CORPORATION BERHAD |
| Stock Name | JOBST |
| Date Announced | 21 Nov 2014 |
| Category | General Announcement |
| Reference No | CC-141121-66340 |
| Type | Announcement | ||||||||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||||||||||||||||
| Description | Pursuant to Paragraph 14.08(d) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Principal Officer has notified on the change of his interest in the securities of the Company as set out in the table below:- | ||||||||||||||||||||||||
This announcement is dated 21 November 2014. | |||||||||||||||||||||||||
DAYA - OTHERS DAYA MATERIALS BERHAD ("DMB" OR "THE COMPANY") SHAH ALAM HIGH COURT SUIT NO. 22NCVC-480-10/2014 TIDEWAY ALLIANCE SDN BHD AGAINST DAYA OCI SDN BHD
| Company Name | DAYA MATERIALS BERHAD |
| Stock Name | DAYA |
| Date Announced | 21 Nov 2014 |
| Category | General Announcement |
| Reference No | CC-141121-DE06F |
| Type | Announcement |
| Subject | OTHERS |
| Description | DAYA MATERIALS BERHAD ("DMB" OR "THE COMPANY") SHAH ALAM HIGH COURT SUIT NO. 22NCVC-480-10/2014 TIDEWAY ALLIANCE SDN BHD AGAINST DAYA OCI SDN BHD |
Following up on the announcement on 21 October 2014 in relation to the Shah Alam High Court Suit No. 22NCVC-480-10/2014 ("the Suit"), the Board of Directors of DMB wishes to announce that its subsidiary, Daya OCI Sdn Bhd (“DOCI”), had on 17 November 2014 vide its lawyers, filed in and served on the lawyers for the Plaintiff, Tideway Alliance Sdn Bhd ("the Plaintiff") its Defence and Counterclaim against the Plaintiff. DOCI is counter claiming against the Plaintiff for: (a) The sum of RM132,539.14; (b) General damages; (c) Costs; (d) Interest on all sums awarded until full and final settlement; and (e) Such further and/or other relief as deemed fit and just by the Court. This announcement is dated 21 November 2014. | |
N2N - Notice of Shares Buy Back - Immediate Announcement
| Company Name | N2N CONNECT BERHAD (ACE Market) |
| Stock Name | N2N |
| Date Announced | 21 Nov 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CM-141121-57566 |
GREENYB - Final Dividend
| Company Name | GREENYIELD BERHAD |
| Stock Name | GREENYB |
| Date Announced | 21 Nov 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CK-141106-50952 |
ASIABIO - OTHERS ANNOUNCEMENT PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS
| Company Name | ASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) |
| Stock Name | ASIABIO |
| Date Announced | 21 Nov 2014 |
| Category | General Announcement |
| Reference No | CC-141121-3B62B |
| Type | Announcement | ||||||||||||||||||||||||||||||||||||||||||||
| Subject | OTHERS | ||||||||||||||||||||||||||||||||||||||||||||
| Description | ANNOUNCEMENT PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS | ||||||||||||||||||||||||||||||||||||||||||||
Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Asia Bioenergy Technologies Berhad (“ABT” or “the Company”) wishes to announce that as at 21 November 2014, the aggregate value of quoted securities purchased and disposed by Asiabio Capital Sdn Bhd, a wholly owned subsidiary of the Company that is principally involved in the investment in marketable securities, that has not been announced for the preceding twelve (12) months has exceed 5% of ABT’s latest audited consolidated net assets as at 31 January 2014 after adjusting for the completed Rights Issue with Warrants on 28 April 2014. The details of the investment in the quoted securities are as follows:- RM % of ABT’s latest audited consolidated net assets* a. Aggregate purchase consideration within the preceding twelve (12) months 17,284,700.82 26.59 b. Aggregate sale consideration within the preceding twelve (12) months 5,038,927.22 7.75 RM c. Investments in quoted securities as at 21 November 2014 - Total Cost 24,562,671.48 - Total Book Value 26,158,346.73 - Total Market Value 24,433,278.39 d. Net profit arising from the sale of quoted securities by ABT Group during the current financial year ending 31 January 2015 1,026,648.11
* After adjusting for the completed Rights Issue with Warrants on 28 April 2014, as certified by auditors.
This announcement is dated 21 November 2014.
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INARI - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RECURRENT RELATED PARTY TRANSACTIONS
| Company Name | INARI AMERTRON BERHAD |
| Stock Name | INARI |
| Date Announced | 21 Nov 2014 |
| Category | General Announcement |
| Reference No | IA-141121-56516 |
| Type | Announcement | ||||||||||||||||||||||||||||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS | ||||||||||||||||||||||||||||||||||
| Description | Paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad | ||||||||||||||||||||||||||||||||||
Pursuant to Paragraph 10.09 (2) (e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Inari Amertron Berhad ("Inari" or "the Company") wishes to announce that the actual value of the recurrent related party transactions of a revenue or trading nature ("RRPT") transacted by:
The shareholders’ mandate for the abovementioned RRPT was obtained during the Company’s Annual General Meeting (“AGM”) on 16 December 2013 as disclosed in the Circular to Shareholders dated 22 November 2013. The details of the 10% deviation are as follows:-
Note : (i) The transactions between Inari Technology with Ceedtec and CTSB are not regarded as related party transactions under paragraph 10.08(11)(l) of the Listing Requirements as Mr Ho Phon Guan has less than 5% stake in Ceedtec and he is not a Director of Ceedtec/CTSB. Mr Ho Phon Guan ceased to be a substantial shareholder of Ceedtec on 6 January 2012. Renewal will not be sought at the forthcoming AGM. This announcement is dated 21 November 2014.
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BOILERM - OTHERS BOILERMECH HOLDINGS BERHAD ("BOILERMECH" OR THE "COMPANY") PROPOSED TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF BOILERMECH FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("PROPOSED TRANSFER")
| Company Name | BOILERMECH HOLDINGS BERHAD (ACE Market) |
| Stock Name | BOILERM |
| Date Announced | 21 Nov 2014 |
| Category | General Announcement |
| Reference No | MI-141121-66561 |
| Type | Announcement |
| Subject | OTHERS |
| Description | BOILERMECH HOLDINGS BERHAD ("BOILERMECH" OR THE "COMPANY") PROPOSED TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF BOILERMECH FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("PROPOSED TRANSFER") |
The terms used herein shall, unless the context otherwise states, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Transfer, where applicable. We refer to the previous announcements in relation to the Proposed Transfer. On behalf of the Board of Directors of Boilermech ("Board"), RHB Investment Bank Berhad wishes to announce that Boilermech had, on 20 November 2014, met the condition set out in the Securities Commission Malaysia’s letter dated 13 June 2014 in relation to the approval of the Proposed Transfer with the following appointments to the board of directors of Boilermech:- (a) Mr Ho Cheok Yuen as its Independent Non-Executive Director on 18 November 2014; and (b) Mr Adrian Chair Yong Huang as its Independent Non-Executive Director on 20 November 2014. Further details of each of the newly appointed independent directors are set out in the announcements made on 18 November 2014 and 20 November 2014 respectively. Premised thereto and in compliance with Practice Note 22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the additional details on the Company and the Proposed Transfer are set out in the enclosed attachment. In addition, on behalf of the Board, RHB Investment Bank Berhad also wishes to inform that the transfer application in relation to the Proposed Transfer has been submitted to Bursa Securities on even date. This announcement is dated 21 November 2014. | |
IDMENSN - Notice of Interest Sub. S-hldr (29A) - Ng Min Lin
| Company Name | IDIMENSION CONSOLIDATED BHD (ACE Market) |
| Stock Name | IDMENSN |
| Date Announced | 21 Nov 2014 |
| Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
| Reference No | CS-141120-54820 |
| Admission Sponsor | RHB Investment Bank Bhd |
| Sponsor | Same as above |
Particulars of Substantial Securities Holder
| Name | Ng Min Lin |
| Address | B-3-11 Kiaramas Gateway, Jalan Desa Kiara, Mont Kiara, 50480 Kuala Lumpur, Wilayah Persekutuan |
| NRIC/Passport No/Company No. | 790112-07-5365 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
| Name & address of registered holder | Ng Min Lin 3A, Lorong Delima 10, Island Glades, 11700 Gelugor, Penang Kenanga Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account For Ng Min Lin 8th Floor, Kenanga International, Jalan Sultan Ismail, 50250 Kuala Lumpur, Wilayah Persekutuan Mercsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account For Ng Min Lin 3rd Floor, Wisma Umno, Lorong Bagan Luar Dua, 12000 Butterworth, Penang Maybank Securities Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account For Ng Min Lin Level 5, Maybanlife Tower, Dataran Maybank, No 1, Jalan Maarof, 59000 Kuala Lumpur, Wilayah Persekutuan Amsec Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Ng Min Lin 15th Floor, Bangunan Ambank Group, 55, Jalan Raja Chulan, 50200 Kuala Lumpur, Wilayah Persekutuan |
| Remarks : |
| Balance of Shares Direct Interest: Ng Min Lin - 25,000,000 shares Kenanga Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account For Ng Min Lin - 24,620,100 shares Mercsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account For Ng Min Lin - 16,785,514 Maybank Securities Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account For Ng Min Lin - 1,100,000 Amsec Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Ng Min Lin - 497,800 |
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