November 19, 2014

Company announcements: NIHSIN, PWROOT, HAIO, RAPID, NOMAD, SPSETIA, EKSONS, GADANG, RCECAP

NIHSIN - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):BONUS ISSUES

Announcement Type: General Announcement
Company NameNI HSIN RESOURCES BERHAD  
Stock Name NIHSIN  
Date Announced19 Nov 2014  
CategoryGeneral Announcement
Reference NoOS-141119-52341

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
DescriptionNI HSIN RESOURCES BERHAD (“NI HSIN” OR THE “COMPANY”)

PROPOSED BONUS ISSUE OF UP TO 118,300,005 FREE WARRANTS IN NI HSIN (“WARRANT(S)”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.20 EACH IN NI HSIN (“NI HSIN SHARE(S)” OR “SHARE(S)”) AT AN ENTITLEMENT DATE TO BE DETERMINED LATER (“ENTITLEMENT DATE”) (“PROPOSED BONUS ISSUE OF WARRANTS”)

On behalf of the Board of Directors of the Company, M&A Securities Sdn Bhd wishes to announce that the Company proposes to undertake a bonus issue of up to 118,300,005 Warrants on the basis of one (1) Warrant for every two (2) Ni Hsin Shares held.

Further information on the Proposed Bonus Issue of Warrants is disclosed in the attachment herein.

This announcement is dated 19 November 2014.

Attachments

Ni Hsin PBIW.pdf
193 KB



PWROOT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NamePOWER ROOT BERHAD  
Stock Name PWROOT  
Date Announced19 Nov 2014  
CategoryGeneral Announcement
Reference NoC&-141119-2353E

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionPOWER ROOT BERHAD ("POWER ROOT" OR "THE COMPANY")

(i) Proposed Disposal of land including the building attached of 3 storey intermediate shop office at Plot 19, Taman Bukit Dahlia, Pasir Gudang, Johor Bahru (“Property Plot 19”) for a cash consideration of RM1.2 million by Power Root Nnergy Sdn. Bhd. (“PR Nnergy” or “Vendor”), a 90% owned subsidiary of Power Root Berhad (“Power Root” or “the Company”) to HLSL Properties Sdn. Bhd. (“HLSL” or “Purchaser”) (“Proposed Disposal Plot 19”); and

ii) Proposed Disposal of land including the building attached of 3 storey intermediate shop office at Plot 20, Taman Bukit Dahlia, Pasir Gudang, Johor Bahru (“Property Plot 20”) for a cash consideration of RM1.2 million by PR Nnergy to the Purchaser (“Proposed Disposal Plot 20”)

Collectively known as the “Proposed Disposals”.

Pursuant to the Paragraph 10.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Listing Requirements"), the Board of Directors of Power Root wishes to announce that its 90% owned subsidiary PR Nnergy had on 24 October 2014 entered into 2 separate Sale and Purchase Agreements (collectively referred to as the "Agreements") for the Proposed Disposal Plot 19 and Proposed Disposal Plot 20 with the Purchaser for a total cash consideration of RM2.4 million ("Disposal Consideration").

Please refer to the attachment for further details.


This announcement is dated 19 November 2014.



HAIO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameHAI-O ENTERPRISE BERHAD  
Stock Name HAIO  
Date Announced19 Nov 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCP-141119-17DF3

Date of buy back19/11/2014
Description of shares purchasedOrdinary shares of RM0.50 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)11,400
Minimum price paid for each share purchased ($$)2.470
Maximum price paid for each share purchased ($$)2.500
Total consideration paid ($$)28,476.00
Number of shares purchased retained in treasury (units)11,400
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)6,778,188
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 (%)3.35


RAPID - Changes in Director's Interest (S135) - Lee Chun Weng

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameRAPID SYNERGY BERHAD  
Stock Name RAPID  
Date Announced19 Nov 2014  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-141119-4D39E

Information Compiled By KLSE

Particulars of Director

NameLee Chun Weng
Address24, Lorong Kledang Timor 9, Taman Rasi
31450 Menglembu, Perak Darul Ridzuan
Descriptions(Class & nominal value)Ordinary Shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
19/11/2014
220,000
6.000 

Circumstances by reason of which change has occurredOff Market Purchase
Nature of interestDirect Interest
Consideration (if any) 

Total no of securities after change

Direct (units)419,000 
Direct (%)0.48 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice19/11/2014

Remarks :
1. This announcement also serves as an announcement pursuant to Paragraph 14.08(d)of the Main Market Listing Requirements.

2. The above off market purchase of 220,000 Ordinary Shares represents 0.25% of the total issued share capital of the Company.

3. The notice of change in the Director's interest in shares was received from Lee Chun Weng on 19 November 2014.


NOMAD - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameTHE NOMAD GROUP BHD  
Stock Name NOMAD  
Date Announced19 Nov 2014  
CategoryGeneral Announcement
Reference NoCC-141118-B051F

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionTHE NOMAD GROUP BHD (“THE NOMAD” OR “THE COMPANY”)
PROPOSED DISPOSAL OF THE ASSETS AND BUSINESS OF SERVICED OFFICES BY THE NOMAD OFFICES SDN BHD, ON BEHALF OF ITS SUBSIDIARIES, FOR A TOTAL CASH CONSIDERATION OF GBP4.25 MILLION (EQUIVALENT TO APPROXIMATELY RM22.3 MILLION)

We refer to our announcements dated 12 November 2014 and 17 November 2014.

The Company wishes to inform further that there is a change in the utilisation of proceeds as announced on 12 November 2014. The proceeds will be utilised for the Group's working capital as well as for the new investments. The proceeds for the working capital will be utilised within 12 months upon receipt of the proceeds from the Purchaser whilst for funding of new investments, the proceeds will be utilised as and when such investments are identified. There is no specific amount earmarked for the working capital and new investments. As of to-date, the Company has not identified any suitable investment. Since the identification of new investments is an on-going exercise, there is no specific time frame set for the utilisation.

This announcement is dated 19 November 2014.




SPSETIA - 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 NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced19 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-141119-3FDDB

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 - RM0.75
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHB INV)
Citigroup Nominees (Tempatan) Sdn Bhd (NOMURA)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM)
Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN)
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)
Disposed14/11/2014
737,200
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect
Direct (units)151,652,175 
Direct (%)5.97 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change151,652,175
Date of notice17/11/2014

Remarks :
Form 29B received on 19/11/2014


SPSETIA - Changes in Sub. S-hldr's Int. (29B) - KUMPULAN WANG PERSARAAN (DIPERBADANKAN)

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameS P SETIA BERHAD  
Stock Name SPSETIA  
Date Announced19 Nov 2014  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoC&-141119-58646

Particulars of substantial Securities Holder

NameKUMPULAN WANG PERSARAAN (DIPERBADANKAN)
AddressAras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur
NRIC/Passport No/Company No.KWAPACT6622007
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary - RM0.75 per share
Name & address of registered holderKumpulan Wang Persaraan (Diperbadankan)
Aras 4, 5 & 6, Menara Yayasan Tun Razak
200, Jalan Bukit Bintang
55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired13/11/2014
1,300,000
 

Circumstances by reason of which change has occurredAcquisition of Shares in Open Market by KWAP.
Nature of interestDirect and Indirect
Direct (units)221,926,542 
Direct (%)8.74 
Indirect/deemed interest (units)9,722,729 
Indirect/deemed interest (%)0.38 
Total no of securities after change231,649,271
Date of notice19/11/2014

Remarks :
Form 29B received on 19/11/2014


EKSONS - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameEKSONS CORPORATION BERHAD  
Stock Name EKSONS  
Date Announced19 Nov 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoEC-141119-02C9A

Date of buy back19/11/2014
Description of shares purchasedOrdinary Shares of RM0.80 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)43,000
Minimum price paid for each share purchased ($$)1.360
Maximum price paid for each share purchased ($$)1.380
Total consideration paid ($$)59,572.64
Number of shares purchased retained in treasury (units)43,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)791,600
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 (%)0.482

Remarks :
Total consideration paid for shares purchased inclusive of brokerage, clearing house fee and stamp duty


GADANG - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameGADANG HOLDINGS BHD  
Stock Name GADANG  
Date Announced19 Nov 2014  
CategoryGeneral Meetings
Reference NoGH-141119-56254

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting19/11/2014
Time10:00 AM
VenueDewan Berjaya, Bukit Kiara Equestrian & Country Resort
Jalan Bukit Kiara
Off Jalan Damansara
60000 Kuala Lumpur
Outcome of Meeting

Gadang Holdings Berhad ("the Company") wishes to announce that at its 21st Annual General Meeting ("AGM") held today, Wednesday, 19 November 2014, the shareholders of the Company had approved all the 10 ordinary resolutions as set out in the notice of AGM dated 28 October 2014.

This announcement is dated 19 November 2014.



RCECAP - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameRCE CAPITAL BERHAD  
Stock Name RCECAP  
Date Announced19 Nov 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoRC-141119-62248

Date of buy back19/11/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)165,000
Minimum price paid for each share purchased ($$)0.330
Maximum price paid for each share purchased ($$)0.335
Total consideration paid ($$)54,897.85
Number of shares purchased retained in treasury (units)165,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)45,462,900
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 (%)3.87


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