December 22, 2014

Company announcements: PANPAGE, N2N, MYEG, OCK, CIMBA40, CIMBC50, FABER, HAPSENG, MAS, WTK

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

Announcement Type: General Announcement
Company NamePANPAGES BERHAD  
Stock Name PANPAGE  
Date Announced22 Dec 2014  
CategoryGeneral Announcement
Reference NoCA-141222-53390

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionPROPOSED DISPOSAL OF A PROPERTY WHICH CONSIST OF A 39,773 SQUARE FEET DETACHED LEASEHOLD INDUSTRIAL LAND ERECTED UPON WITH A NEW THREE-STOREY INDUSTRIAL-CUM-OFFICE BUILDING PROVIDING A GROSS FLOOR AREA OF 39,840 SQUARE FEET BEARING POSTAL ADDRESS AT NO. 3, JALAN TEKNOLOGI, TAMAN SAINS SELANGOR 1, KOTA DAMANSARA, PJU 5, 47810 PETALING JAYA, SELANGOR DARUL EHSAN FOR A DISPOSAL CONSIDERATION OF RM20,800,000.00

 

The Board of Directors of PanPages Berhad (formerly known as CBSA Berhad) ("PanPages" or the "Company") is pleased to announce that Cyber Business Solutions Sdn Bhd, a wholly-owned subsidiary of PanPages, had on 22 Decembr 2014 entered into a sale and purchase agreement with Ultrabliss Sdn. Bhd. for the disposal of a unit of property which consist of a 39,773 square feet detached leasehold industrial land erected upon with a new three-storey industrial-cum-office building providing a gross floor area of 39,840 square feet bearing postal address at No. 3, Jalan Teknologi, Taman Sains Selangor 1, Kota Damansara, PJU 5, 47810 Petaling Jaya, Selangor Darul Ehsan held under leasehold individual title H.S.(D) 293625 Lot P.T. 12630, Pekan Baru Sungai Buloh, Daerah Petaling, Negeri Selangor, for a cash consideration of RM20,800,000.00 ("Proposed Disposal").

Details of the Proposed Disposal is set out in the annexure attached.

  


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 Announced22 Dec 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-141222-56B9F

Date of buy back22/12/2014
Description of shares purchasedOrdinary shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)55,000
Minimum price paid for each share purchased ($$)0.810
Maximum price paid for each share purchased ($$)0.820
Total consideration paid ($$)44,750.00
Number of shares purchased retained in treasury (units)55,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)6,859,000
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 (%)1.56


MYEG - Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement

Announcement Type: Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Company NameMY E.G. SERVICES BERHAD  
Stock Name MYEG  
Date Announced22 Dec 2014  
CategoryNotice of Resale/Cancellation of Treasury Shares - Immediate Announcement
Reference NoCC-141222-3CBD7

Date of transaction22/12/2014
CurrencyMalaysian Ringgit (MYR)
Total number of treasury shares sold (units)179,600 
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$)4.220 
Maximum price paid for each share sold ($$)4.260 
Total amount received for treasury shares sold ($$)760,157.00 
Cumulative net outstanding treasury shares as at to-date (units)8,186,300 
Adjusted issued capital after cancellation/resale
(no. of shares) (units)
 


OCK - OTHERS INCORPORATION OF NEW SUBSIDIARY – OCK TELCO INFRA PTE. LTD.

Announcement Type: General Announcement
Company NameOCK GROUP BERHAD  
Stock Name OCK  
Date Announced22 Dec 2014  
CategoryGeneral Announcement
Reference NoCC-141222-62793

TypeAnnouncement
SubjectOTHERS
DescriptionINCORPORATION OF NEW SUBSIDIARY – OCK TELCO INFRA PTE. LTD.

The Board of Directors of OCK Group Berhad (“OCK” or “the Company”) wishes to announce that the Company’s wholly-owned subsidiary, OCK International Sdn. Bhd. (“OCK International”) has incorporated a wholly-owned subsidiary in Singapore namely OCK Telco Infra Pte. Ltd. (“OCK Telco”) (Registration No. 201437824M) on 22nd December 2014.

 

The issued and paid-up capital of OCK Telco is 1 ordinary share of SGD1.00.

 

The intended principal activity of OCK Telco is the provision of tower facilities, utilities and communicate network for mobile and broadband operators.

 

The above incorporation of new subsidiary is not expected to have any material effect on the earning and net assets of OCK for the financial year ending 31 December 2014.

 

Mr Ooi Chin Khoon and Mr Low Hock Keong have declared their interests by virtue of the fact that they are the directors in OCK Telco.

 

Apart from the above, none of the directors or substantial shareholders of OCK and/or persons connected with them has any interest, direct or indirect, in the said incorporation.

 

This announcement is dated 22nd December 2014. 


CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced22 Dec 2014  
CategoryGeneral Announcement
Reference NoOB-141222-9503C

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 22-Dec-2014
NAV per unit (RM): 1.7801
Units in circulation (units): 1,350,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,710.30

Attachments

A40.pdf
10 KB



CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 50  
Stock Name CIMBC50  
Date Announced22 Dec 2014  
CategoryGeneral Announcement
Reference NoOB-141222-95024

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 50
Date: 22-Dec-2014
NAV per unit (RM): 1.1778
Units in circulation (units): 10,400,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 18,026.32

Attachments

C50.pdf
124 KB



FABER - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameFABER GROUP BERHAD  
Stock Name FABER  
Date Announced22 Dec 2014  
CategoryGeneral Announcement
Reference NoFG-141222-6F35B

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionMembers’ Voluntary Winding-Up of Renown Alliance Sdn Bhd

Faber Group Berhad (“FGB”) wishes to announce that Renown Alliance Sdn Bhd (“Renown”), a wholly-owned subsidiary of FGB had been placed under members’ voluntary winding-up pursuant to Section 254(1)(b) of the Companies Act, 1965 on 22 December 2014.

Renown had appointed Dato' Heng Ji Keng and Mr. Andrew Heng of Messrs Ferrier Hodgson MH Sdn Bhd, Baker Tilly MH Tower, Level 10, Tower 1, Avenue 5, Bangsar South City, 59200 Kuala Lumpur as the joint and several Liquidators for the purpose of the voluntary winding-up.

The voluntary winding-up of Renown does not have material effect on the earnings, gearing or net assets of FGB for the financial year ending 31 December 2014.

None of the Directors, Major Shareholders of FGB or persons connected with them, has any interest, direct or indirect in the voluntary winding-up.

This announcement is dated 22 December 2014.



HAPSENG - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameHAP SENG CONSOLIDATED BERHAD  
Stock Name HAPSENG  
Date Announced22 Dec 2014  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoHS-141222-3B0C6

Date of buy back22/12/2014
Description of shares purchasedOrdinary shares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)362,000
Minimum price paid for each share purchased ($$)4.470
Maximum price paid for each share purchased ($$)4.500
Total consideration paid ($$)1,629,434.20
Number of shares purchased retained in treasury (units)362,000
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)88,013,000
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 (%)3.96

Remarks :
cc: Securities Comission


MAS - OTHERS MALAYSIAN AIRLINE SYSTEM BERHAD (“MAS” OR “COMPANY”) SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 (“ACT”)(“SCR”)

Announcement Type: General Announcement
Company NameMALAYSIAN AIRLINE SYSTEM BERHAD  
Stock Name MAS  
Date Announced22 Dec 2014  
CategoryGeneral Announcement
Reference NoMM-141222-57253

TypeAnnouncement
SubjectOTHERS
DescriptionMALAYSIAN AIRLINE SYSTEM BERHAD (“MAS” OR “COMPANY”)

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE PURSUANT TO SECTIONS 60 AND 64 OF THE COMPANIES ACT, 1965 (“ACT”)(“SCR”)

We refer to the past announcements in relation to the SCR.

On behalf of the Board of Directors of MAS, CIMB Investment Bank Berhad wishes to announce that the SCR has taken effect today following the lodgement of a copy of the order dated 3 December 2014 from the High Court of Malaya confirming the SCR, with the Companies Commission of Malaysia today.

 

This announcement is dated 22 December 2014.

 

 

 

   


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

Announcement Type: General Announcement
Company NameWTK HOLDINGS BERHAD  
Stock Name WTK  
Date Announced22 Dec 2014  
CategoryGeneral Announcement
Reference NoMI-141222-64119

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionW T K HOLDINGS BERHAD (“WTK” OR “COMPANY”)

PROPOSED ACQUISITION BY WTK OF THE ENTIRE EQUITY INTEREST IN ALANYA MARINE VENTURES SDN BHD (“AMV”) FOR A TOTAL CONSIDERATION OF UP TO RM94,580,513.20 WHICH WILL BE SATISFIED VIA A COMBINATION OF CASH AMOUNTING UP TO RM38,250,000 AND THE ISSUANCE OF 43,331,164 NEW ORDINARY SHARES OF RM0.50 EACH IN WTK (“WTK SHARES”) AT AN ISSUE PRICE OF RM1.30 PER WTK SHARE (“PROPOSED ACQUISITION”)

We refer to the previous announcements made by RHB Investment Bank, on behalf of the Board in relation to the Proposed Acquisition. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Acquisition.

 

On behalf of the Board, RHB Investment Bank wishes to announce that Bursa Securities had vide its letter dated 22 December 2014, approved the listing of and quotation for 43,331,164 WTK Shares to be issued pursuant to the Proposed Acquisition, on the Main Market of Bursa Securities subject to the following conditions:-

 

(i) WTK and RHB Investment Bank must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Acquisition;

 

(ii) WTK and RHB Investment Bank to inform Bursa Securities upon the completion of the Proposed Acquisition; and

 

(iii) WTK to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Acquisition is completed.

 

On behalf of the Board, RHB Investment Bank also wishes to announce that all the conditions precedent set out in the SSA have been fulfilled on 22 December 2014. Accordingly, the SSA has become unconditional on 22 December 2014. In accordance with the terms of the SSA, the completion of the SSA shall take place on a business day no later than 10 business days after 22 December 2014.

 

 

 

This announcement is dated 22 December 2014.


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