REDTONE - OTHERS REDTONE INTERNATIONAL BERHAD (“REDTONE” or “THE COMPANY”) LETTER OF AWARD TO BUILD, OPERATE AND MAINTAIN RADIO ACCESS NETWORK INFRASTRUCTURE IN RURAL AREAS IN SARAWAK AND JOHOR AS PART OF MALAYSIAN COMMUNICATIONS AND MULTIMEDIA COMMISSION’S TIME 3 PROGRAMME
| Company Name | REDTONE INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | REDTONE |
| Date Announced | 9 Dec 2014 |
| Category | General Announcement |
| Reference No | CK-141209-65223 |
| Type | Announcement |
| Subject | OTHERS |
| Description | REDTONE INTERNATIONAL BERHAD (“REDTONE” or “THE COMPANY”) LETTER OF AWARD TO BUILD, OPERATE AND MAINTAIN RADIO ACCESS NETWORK INFRASTRUCTURE IN RURAL AREAS IN SARAWAK AND JOHOR AS PART OF MALAYSIAN COMMUNICATIONS AND MULTIMEDIA COMMISSION’S TIME 3 PROGRAMME |
1. INTRODUCTION The Board of Directors of REDtone International Berhad (“REDtone” or “RIB”) wishes to announce that its wholly owned subsidiary, REDtone Marketing Sdn Bhd (“RMSB”) had on 9 December 2014 received the Letter of Award from the Malaysian Communications and Multimedia Commission (“MCMC”) dated 9 December 2014 (“LOA”) to build, operate and maintain radio access network (“RAN”) infrastructure (“Services”) in rural areas in Sarawak and Johor as part of MCMC’s Time 3 Programme (“Contract”). MCMC’s RAN Sharing Time 3 Phase 3 Program is aimed at further providing voice and data connectivity in rural areas of the country. 2. SALIENT TERMS OF THE LOA The salient terms of the LOA are as follows: 1) The total cost and expenses which will be paid to RMSB for implementing the Contract is subject to maximum Ringgit Malaysia Eighty Eight Million Five Hundred Seventy Two Thousand and Eighty One and Twenty Three Cents (RM88,572,081.23) only. 2) The commencement date of the Contract shall be from the date of the LOA. 3) RMSB is responsible for completing the Services within 35 days from notification from the designated universal service providers that the tower and its associated site/facilities are ready for RMSB to commence work to build the RAN infrastructure. 4) RMSB shall work with at least three (3) specific public cellular network providers to enable them to offer cellular services to their end customer. 5) RMSB shall also provide maintenance and operation support services for the period of three (3) years from the completion of the Services. 3. RATIONALE AND PROSPECT OF THE CONTRACT The Contract is part of RIB’s expansion plan. It will accelerate creation of critical mass of our network in Sarawak & Johor, thus significantly reduce our existing network cost. With the reduction of cost, it is expected to contribute positively to the financial performance of REDtone Group in the future. 4. FINANCIAL EFFECTS 4.1 Share Capital The Contract will not have any effect on the share capital of REDtone. 4.2 Net Assets (“NA”) The Contract is expected to contribute positively to the net assets of the REDtone Group for the financial year ending 31 May 2015. 4.3 Earnings 4.4 Gearing The Contract is not expected to have material effect on the gearing of the REDtone Group as it will be funded mainly from the internally generated funds of REDtone Group and some short-term bank facilities. 4.5 Substantial Shareholders’ Shareholding The Contract will not have any effect on the substantial shareholders’ shareholding of REDtone. 5. APPROVALS REQUIRED The Contract is not subject to the approvals of the shareholders of the Company or any regulatory authorities. 6 DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST None of the Directors or major shareholders or persons connected with the Directors or major shareholders of the Company has any direct or indirect interest in the Contract. 7. DIRECTORS’ STATEMENT The Board of Directors of REDtone having considered all aspects of the Contract is of the opinion that the participation in the Contract is in the best interest of the REDtone Group. 8. RISK FACTORS Risk factors affecting the Contract are mainly the normal operational and financial risks encountered by REDtone Group include but are not limited to execution risks such as availability of skilled manpower and materials, changes in prices of materials, changes in political, economic and regulatory conditions. However the Company has the necessary expertise to undertake the Contract and therefore, the Board and management believe that the Company is able to mitigate the abovementioned risk factors. This announcement is dated 9 December 2014. | |
GRANFLO - Notice of Shares Buy Back - Immediate Announcement
| Company Name | GRAND-FLO BERHAD |
| Stock Name | GRANFLO |
| Date Announced | 9 Dec 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CM-141209-323DC |
SANICHI - Changes in Sub. S-hldr's Int. (29B) - MAH WEE HIAN @ MAH SIEW KUNG
| Company Name | SANICHI TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | SANICHI |
| Date Announced | 9 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-141209-7B22E |
Particulars of substantial Securities Holder
| Name | MAH WEE HIAN @ MAH SIEW KUNG |
| Address | 15TH FLOOR MENARA SMI LORONG P RAMLEE 50200 KUALA LUMPUR |
| NRIC/Passport No/Company No. | 550420-08-5159 |
| Nationality/Country of incorporation | MALAYSIAN |
| Descriptions (Class & nominal value) | ORDINARY SHARES OF RM0.10 EACH |
| Name & address of registered holder | MAH WEE HIAN @ MAH SIEW KUNG |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 28/11/2014 | 4,780,000 | |
| Disposed | 28/11/2014 | 500,000 | |
| Acquired | 01/12/2014 | 1,030,000 | |
| Disposed | 01/12/2014 | 500,000 |
| Remarks : |
| THE FORM 29B WAS RECEIVED ON 9 DECEMBER 2014. |
MPAY - Changes in Director's Interest (S135) - Chew Chee Seng
| Company Name | MANAGEPAY SYSTEMS BERHAD (ACE Market) |
| Stock Name | MPAY |
| Date Announced | 9 Dec 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-141209-475C7 |
Information Compiled By KLSE
Particulars of Director
| Name | Chew Chee Seng |
| Address | 113, Jalan USJ 21/10, 47630 Subang Jaya, Selangor Darul Ehsan, Malaysia |
| 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 | 1,000,000 | 0.195 |
| Circumstances by reason of which change has occurred | Acquisition of shares |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 113,503,838 |
| Direct (%) | 28.188 |
| Indirect/deemed interest (units) | 100,000 |
| Indirect/deemed interest (%) | 0.03 |
| Date of notice | 09/12/2014 |
| Remarks : |
| Deemed interested in the 100,000 ordinary shares of RM0.10 each held by sister, Chew Lean Mei by virtue of Section 6A of the Companies Act, 1965. |
MPAY - Changes in Sub. S-hldr's Int. (29B) - Chew Chee Seng
| Company Name | MANAGEPAY SYSTEMS BERHAD (ACE Market) |
| Stock Name | MPAY |
| Date Announced | 9 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-141209-475A7 |
Particulars of substantial Securities Holder
| Name | Chew Chee Seng |
| Address | 113, Jalan USJ 21/10, 47630 Subang Jaya, Selangor Darul Ehsan, Malaysia |
| NRIC/Passport No/Company No. | 670804-08-6675 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.10 each |
| Name & address of registered holder | Chew Chee Seng of 113, Jalan USJ 21/10, 47630 Subang Jaya, Selangor Darul Ehsan, Malaysia |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 09/12/2014 | 1,000,000 | 0.195 |
| Remarks : |
| Deemed interested in the 100,000 ordinary shares of RM0.10 each held by sister, Chew Lean Mei by virtue of Section 6A of the Companies Act, 1965. |
MPAY - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
| Company Name | MANAGEPAY SYSTEMS BERHAD (ACE Market) |
| Stock Name | MPAY |
| Date Announced | 9 Dec 2014 |
| Category | General Announcement |
| Reference No | CC-141209-4758F |
| Type | Announcement | ||||||||||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||||||
| Description | Pursuant to Rule 14.09 of Bursa Malaysia Securities Berhad ACE Market Listing Requirements, the following Director has notified on the change of his direct interest in the securities of the Company as follows:- | ||||||||||||||||||
Ordinary Share of RM0.10 each Name of Director Date of Price Number and Number and Direct Indirect Direct Indirect Chew Chee Seng 9/12/2014 RM0.195 1,000,000 (0.25%) - 113,503,838 (28.188%) 100,000* * Deemed interested in shares held by sister by virtue of Section 6A of the Companies Act, 1965. This announcement is dated 9 December 2014. | |||||||||||||||||||
AMEDIA - MATERIAL LITIGATION (Amended Announcement)
| Company Name | ASIA MEDIA GROUP BERHAD |
| Stock Name | AMEDIA |
| Date Announced | 9 Dec 2014 |
| Category | General Announcement |
| Reference No | CC-141209-6822C |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | Kuala Lumpur High Court Suit No. : 22NCC-332-09/2014 Ang Lay Chieng vs Asia Media Group Berhad and Asia Media Sdn Bhd |
We refer to our announcement dated 10 September 2014 in respect of the above matter. On 18 November 2014, Kuala Lumpur High Court Suit No.: 22NCC-332-09/2014 Ang Lay Chieng v Bright Packaging Industry Berhad was ordered to be consolidated with the abovementioned suit pursuant to an application made by the Defendant in that suit. The details in relation to the Plaintiff’s claim and Defendant’s Counter-claim in Kuala Lumpur High Court Suit No.: 22NCC-332-09/2014 Ang Lay Chieng v Bright Packaging Industry Berhad can be found in Bright Packaging Industry Berhad’s Announcements dated 4 September 2014 and 9 December 2014. This announcement is dated 9 December 2014. Remark: This is an amended announcement due to the typo-error in the same announcement made on 9 December 2014.
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CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE ASEAN 40 MALAYSIA |
| Stock Name | CIMBA40 |
| Date Announced | 9 Dec 2014 |
| Category | General Announcement |
| Reference No | OB-141209-9EB8F |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE ASEAN 40 Malaysia Date: 09-Dec-2014 NAV per unit (RM): 1.7671 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: 10,688.69 |
CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE CHINA 50 |
| Stock Name | CIMBC50 |
| Date Announced | 9 Dec 2014 |
| Category | General Announcement |
| Reference No | OB-141209-9EB81 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE China 50 Date: 09-Dec-2014 NAV per unit (RM): 1.1542 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: 17,678.52 |
AMBANK - Changes in Sub. S-hldr's Int. (29B) - Employees Provident Fund Board
| Company Name | AMMB HOLDINGS BERHAD |
| Stock Name | AMBANK |
| Date Announced | 9 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | AH-141209-8C8D1 |
Particulars of substantial Securities Holder
| Name | Employees Provident Fund Board |
| Address | Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur |
| NRIC/Passport No/Company No. | EPF ACT 1991 |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | Citigroup Nominees (Tempatan) Sdn Bhd Level 42, Menara Citibank 165 Jalan Ampang 50450 Kuala Lumpur 1. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board [Acquisition of 1,579,900 shares] 2. Employees Provident Fund Board 3. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KIB) 4. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (MAYBAN) 5. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (KAF FM) 6. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (NOMURA) 7. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (ARIM) 8. Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (TEMPLETON) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 04/12/2014 | 1,579,900 |
| Remarks : |
| This notice was received on 9 December 2014. |
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