REDTONE - OTHERS (Amended Announcement)
| Company Name | REDTONE INTERNATIONAL BERHAD (ACE Market) |
| Stock Name | REDTONE |
| Date Announced | 10 Dec 2014 |
| Category | General Announcement |
| Reference No | CK-141210-1C748 |
| 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 EXTENSION 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 Extension Programme (“Contract”). MCMC’s RAN Sharing Time 3 Extension Phase 1 Programme 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 10 December 2014. Remark: This announcement shall supersede the announcement (Reference No. CK-141209-65223) made to Bursa Malaysia Securities Berhad earlier on 9 December 2014. Amendments have been made to the paragraph under the heading ‘Introduction’, to clarify that the Letter of Award received from Malaysian Communications and Multimedia Commission (“MCMC”) is part of MCMC’s Time 3 Extension Phase 1 Programme, instead of Time 3 Phase 3 Programme as previously stated in the announcement on 9 December 2014. | |
PERISAI - Changes in Sub. S-hldr's Int. (29B) - MERCURY PACIFIC MARINE PTE LTD
| Company Name | PERISAI PETROLEUM TEKNOLOGI BHD |
| Stock Name | PERISAI |
| Date Announced | 10 Dec 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | PP-141210-461CB |
Particulars of substantial Securities Holder
| Name | MERCURY PACIFIC MARINE PTE LTD |
| Address | 21B Circular Road Singapore 049376 |
| NRIC/Passport No/Company No. | 200608531M |
| Nationality/Country of incorporation | Singapore |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.10 each |
| Name & address of registered holder | (1) Mercury Pacific Marine Pte Ltd (2) Perintis Muhibah Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 03/12/2014 | 500,000 | |
| Disposed | 03/12/2014 | 500,000 |
| Remarks : |
| (1) The percentage of shareholding excludes 400,000 ordinary shares of RM0.10 each bought-back by the Company and retained as treasury shares. (2) Deemed interested in Perintis Muhibah Sdn Bhd pursuant to Section 6A of the Companies Act, 1965. (3) The Form 29B was received by the Company on 10 December 2014. |
GRANFLO - Notice of Shares Buy Back - Immediate Announcement
| Company Name | GRAND-FLO BERHAD |
| Stock Name | GRANFLO |
| Date Announced | 10 Dec 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CM-141210-3458D |
SMRT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | SMRT HOLDINGS BERHAD (ACE Market) |
| Stock Name | SMRT |
| Date Announced | 10 Dec 2014 |
| Category | General Announcement |
| Reference No | CC-141210-0C59F |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SMRT HOLDINGS BERHAD ("SMRT" OR "COMPANY") PROPOSED ACQUISITION OF EQUITY STAKE IN MASTERSKILL EDUCATION GROUP BERHAD ("MEGB")("PROPOSED ACQUISITION") |
We refer to the announcement dated 10 November 2014 in relation to the Proposed Acquisition. The Board of Directors (“Board”) of SMRT wishes to announce that the due diligence review on MEGB and its material subsidiaries is still on-going. Pursuant thereto, the Company had on 10 December 2014 written to the Board of MEGB for an extension of time to conduct the due diligence for a further period of fifteen (15) days from 10 December 2014 to 24 December 2014 (“Extension of Time”). The Board of MEGB had on even date granted the Company the Extension of Time. The Board of SMRT will make further announcements on the development pertaining to the Proposed Acquisition in due course. This Announcement is dated 10 December 2014.
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SANICHI - Changes in Director's Interest (S135) - DATO' DR PANG CHOW HUAT
| Company Name | SANICHI TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | SANICHI |
| Date Announced | 10 Dec 2014 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-141209-45E33 |
Information Compiled By KLSE
Particulars of Director
| Name | DATO' DR PANG CHOW HUAT |
| Address | No 44 Jalan Indah 2/3 Taman Bukit Indah 81200 Johor Bahru |
| 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 | 740,000 | ||
Acquired | 6,260,000 |
| Circumstances by reason of which change has occurred | Acquisition in open market |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 20,788,214 |
| Direct (%) | 2.05 |
| Indirect/deemed interest (units) | 0 |
| Indirect/deemed interest (%) | 0 |
| Date of notice | 09/12/2014 |
| Remarks : |
| This announcement serves to comply with paragraph 14.09(a) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad. |
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | FTSE BURSA MALAYSIA KLCI ETF |
| Stock Name | FBMKLCI-EA |
| Date Announced | 10 Dec 2014 |
| Category | General Announcement |
| Reference No | FB-141210-6CE2A |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | FTSE Bursa Malaysia KLCI etf - Valuation Point as at 10 December 2014 |
Fund: FTSE Bursa Malaysia KLCI etf | |
RHBCAP - OTHERS ESTABLISHMENT OF A REPRESENTATIVE OFFICE OF RHB BANK BERHAD IN MYANMAR
| Company Name | RHB CAPITAL BERHAD |
| Stock Name | RHBCAP |
| Date Announced | 10 Dec 2014 |
| Category | General Announcement |
| Reference No | RC-141210-51473 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ESTABLISHMENT OF A REPRESENTATIVE OFFICE OF RHB BANK BERHAD IN MYANMAR |
We are pleased to announce that RHB Bank Berhad has on 3rd December 2014 been officially granted with the approval by the Directorate of Investment and Company Administration (“DICA”) to operate a Representative Office in the Republic of the Union of Myanmar. The Representative Office licence was granted by the Central Bank of Myanmar (“CBM”) to RHB Bank Berhad on 26 March 2014. This announcement is dated 10 December 2014. | |
MAA - Notice of Shares Buy Back - Immediate Announcement
| Company Name | MAA GROUP BERHAD |
| Stock Name | MAA |
| Date Announced | 10 Dec 2014 |
| Category | Notice of Shares Buy Back - Immediate Announcement |
| Reference No | CM-141210-62913 |
ASB - OTHERS ADVANCE SYNERGY BERHAD (“ASB”) PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN METROPRIME CORPORATION SDN BHD (“MCSB”) BY SEGI KOLEKSI SDN BHD (“SKSB”), A 70%-OWNED SUBSIDIARY OF ASB
| Company Name | ADVANCE SYNERGY BERHAD |
| Stock Name | ASB |
| Date Announced | 10 Dec 2014 |
| Category | General Announcement |
| Reference No | AS-141210-54908 |
| Type | Announcement |
| Subject | OTHERS |
| Description | ADVANCE SYNERGY BERHAD (“ASB”) PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN METROPRIME CORPORATION SDN BHD (“MCSB”) BY SEGI KOLEKSI SDN BHD (“SKSB”), A 70%-OWNED SUBSIDIARY OF ASB |
The Board of Directors of ASB wishes to announce that ASB had via its 70%-owned subsidiary, SKSB, entered into an agreement to acquire 100% equity interest in MCSB comprising 350,000 issued and fully paid-up ordinary shares of RM1.00 each for a cash consideration of RM1,100,000.00 (“Proposed Acquisition”) to be funded from internal resources and/or bank borrowing. MCSB was incorporated in Malaysia on 13 November 1989 with an authorised share capital of RM500,000.00 divided into 500,000 ordinary shares of RM1.00 each of which 350,000 shares are issued and fully paid-up. MCSB currently owns and operates a language centre called ‘The Language House’ located in Petaling Jaya, Selangor Darul Ehsan. The Proposed Acquisition is part of the Group’s expansion plans to invest in new businesses with growth potential. The completion of the Proposed Acquisition is subject to among others the approval and consent from the Ministry of Education for the Proposed Acquisition. On completion of the Proposed Acquisition, MCSB will be a wholly-owned subsidiary of SKSB. The Proposed Acquisition is not expected to have any material impact on the earnings per share and net assets per share of ASB Group for the financial year ending 31 December 2014. None of the directors, major shareholders and/or persons connected with the directors and major shareholders of ASB has any interest, direct or indirect, in the Proposed Acquisition. This announcement is dated 10 December 2014. | |
BJTOTO - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
| Company Name | BERJAYA SPORTS TOTO BERHAD |
| Stock Name | BJTOTO |
| Date Announced | 10 Dec 2014 |
| Category | General Announcement |
| Reference No | BB-141210-3B6B3 |
| Type | Announcement | ||||||||||
| Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD | ||||||||||
| Description | Further to our announcement on 18 November 2014 on the above and pursuant to Paragraphs 14.03 and 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in relation to the Directors' dealings in the securities of the Company, we wish to inform that Tan Sri Dato' Seri Vincent Tan Chee Yioun ("TSVT"), a Director of Sports Toto Malaysia Sdn Bhd, a major subsidiary of Berjaya Sports Toto Berhad ("BToto") has dealt in the shares of BToto as set out in the table below. | ||||||||||
Ordinary shares of RM0.10 each DEEMED INTEREST - acquired through Bizurai Bijak (M) Sdn Bhd
The above shares were acquired through Bizurai Bijak (M) Sdn Bhd, a company where TSVT is deemed to have an interest.
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