January 23, 2015

Company announcements: GHLSYS, REDTONE-LA, INSTACO, AMBANK, BURSA, IOICORP, MFCB, GAB

GHLSYS - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameGHL SYSTEMS BERHAD  
Stock Name GHLSYS  
Date Announced23 Jan 2015  
CategoryGeneral Announcement
Reference NoCK-150123-59271

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionGHL SYSTEMS BERHAD (“GHL” OR “THE COMPANY”)- LITIGATION BETWEEN E-PAY (M) SDN BHD (“EPYM”), A WHOLLY-OWNED SUBSIDIARY OF E-PAY ASIA PTY LTD ("E-PAY”), WHICH IN-TURN IS A WHOLLY-OWNED SUBSIDIARY OF GHL, AND AUGUSTINE FRANCIS (TRADING AS AF INNOVATIONS CONSULTANTS”) (“AF”)

1. INTRODUCTION

1.1 EPYM has became an indirect wholly-owned subsidiary of GHL on 16 April 2014 after the Company completed the acquisition of the entire ordinary shares in E-PAY on even date (“the Acquisition”).

1.2 As disclosed in Section 3.1(iii) of Appendix II of the Company’s Circular to Shareholders dated 29 September 2014 in relation to the Bonus Issue, AF commenced a legal proceeding against EPYM at the High Court of Malaya in Kuala Lumpur (“High Court”) on 27 February 2013, to claim for unascertained damages for breach of service agreement. Subsequently, EPYM filed a counterclaim against AF to claim for loss of income and profits, amounting to RM2,164,060.57 for non-performance of obligations under the said agreement. On 28 January 2014, the suit proceeded for trial and the High Court dismissed AF’s claim and EPYM’s counterclaim. Following thereon, AF filed an appeal and EPYM filed a cross-appeal against the High Court’s decision at the Court of Appeal. The appeal and cross-appeal have subsequently been fixed for hearing at the Court of Appeal on 27 October 2014. The solicitors representing EPYM in this matter are of the view that EPYM has a reasonable chance to succeed in defending the main suit commenced by AF and in the counterclaim commenced against AF (“the Litigation”).

1.3 The Litigation was inherited from the previous management of EPYM, prior to the Acquisition.

2. UPDATE OF STATUS OF THE LITIGATION

Pursuant to Paragraphs 9.03 and 9.04(f) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of GHL wishes to announce that the solicitors representing EPYM had attended the court hearing on 21 January 2015 and the Court of Appeal found no appealable errors and dismissed the appeal and cross-appeal with no order as to costs.

3. EFFECT OF THE LITIGATION

The Litigation will not have any material effect on the share capital, substantial shareholders’ shareholding, gearing, net assets per share and earnings per share of GHL group.

4. INTEREST OF DIRECTORS AND MAJOR SHAREHOLDERS AND PERSON CONNECTED WITH THEM

None of the Directors and/or major shareholders of GHL and/or any person connected to them have any interest, direct or indirect, in the Litigation.

This announcement is dated 23 January 2015.



REDTONE-LA - Loan Stock Interest

Announcement Type: Entitlements (Notice of Book Closure)
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE-LA  
Date Announced23 Jan 2015  
CategoryEntitlements (Notice of Book Closure)
Reference NoCK-141219-41921

EX-date09/02/2015
Entitlement date11/02/2015
Entitlement time05:00:00 PM
Entitlement subjectLoan Stock Interest
Entitlement descriptionInterest rate of 2.75% (less any applicable Malaysian tax which is required to be deducted or withheld) for Irredeemable Convertible Unsecured Loan Stocks
Period of interest payment04/03/2014 to 03/03/2015
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
Tel: 03-22643883
Payment date 03/03/2015
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers11/02/2015 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorPercentage
Entitlement in percentage (%)2.75

Remarks :
ICULS holders who submit their ICULS Conversion Notices to the Company’s Registrar, Tricor Investor Services Sdn Bhd, on or before 4 February 2015 will not be entitled to the interest payment.


INSTACO - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameINSTACOM GROUP BERHAD (ACE Market) 
Stock Name INSTACO  
Date Announced23 Jan 2015  
CategoryGeneral Announcement
Reference NoMI-150123-63235

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionINSTACOM GROUP BERHAD ("INSTACOM" OR THE "COMPANY")

I. ACQUISITION;

II. DIVERSIFICATION; AND

III. BONUS ISSUE OF WARRANTS

(COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Corporate Exercises.

We refer to our earlier announcements dated 2 October 2014, 30 October 2014, 18 November 2014 and 7 January 2015.

On behalf of the Board of Directors of Instacom, RHB Investment Bank Berhad wishes to announce that pursuant to the fixing of the exercise price of the Warrants C by the Company at RM0.13 each in relation to the Bonus Issue of Warrants, no adjustments to the exercise price and/ or subscription rights of the outstanding Warrants B held by each holder of the Warrants B is required in accordance with the provisions of the Deed Poll B.


This announcement is dated 23 January 2015. 



AMBANK - 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 NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced23 Jan 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAH-150123-644D1

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 of RM1.00 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Level 42, Menara Citibank
165 Jalan Ampang
50450 Kuala Lumpur

1. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
[Disposal of 1,594,400 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 (KAF FM)

5. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)

6. Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (ARIM)

7. 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)
Disposed20/01/2015
1,594,400
 

Circumstances by reason of which change has occurredDisposal of shares
Nature of interestDirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change436,418,837
Date of notice21/01/2015

Remarks :
This notice was received on 23 January 2015.


AMBANK - Notice of Interest Sub. S-hldr (29A) - Mondrian Investment Partners Limited

Announcement Type: Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced23 Jan 2015  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoAH-150123-56771

Particulars of Substantial Securities Holder

NameMondrian Investment Partners Limited
Address5th Floor, 10 Gresham Street
London, EC2V 7JD
United Kingdom
NRIC/Passport No/Company No.2533342
Nationality/Country of incorporationEngland & Wales
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderMondrian Investment Partners Limited
5th Floor, 10 Gresham Street
London, EC2V 7JD
United Kingdom

Date interest acquired & no of securities acquired

CurrencyMalaysian Ringgit (MYR)
Date interest acquired20/01/2015
No of securities151,460,600
Circumstances by reason of which Securities Holder has interestPurchased in the open market - Discretionary Investment Management
Nature of interestDirect Interest
Price Transacted ($$)

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice21/01/2015

Remarks :
This notice was received on 23 January 2015.


AMBANK - Changes in Sub. S-hldr's Int. (29B) - Mondrian Investment Partners Limited

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameAMMB HOLDINGS BERHAD  
Stock Name AMBANK  
Date Announced23 Jan 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoAH-150123-FC2C7

Particulars of substantial Securities Holder

NameMondrian Investment Partners Limited
Address5th Floor, 10 Gresham Street
London, EC2V 7JD
United Kingdom
NRIC/Passport No/Company No.2533342
Nationality/Country of incorporationEngland & Wales
Descriptions (Class & nominal value)Ordinary Shares of RM1.00 each
Name & address of registered holderMondrian Investment Partners Limited
5th Floor, 10 Gresham Street
London, EC2V 7JD
United Kingdom

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired21/01/2015
1,110,000
 

Circumstances by reason of which change has occurredAcquisition of shares (Discretionary Investment Management)
Nature of interestDirect interest
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change152,570,600
Date of notice22/01/2015

Remarks :
This notice was received on 23 January 2015.


BURSA - OTHERS BURSA MALAYSIA DERIVATIVES GRANTED FOREIGN BOARD OF TRADE REGISTRATION BY US CFTC

Announcement Type: General Announcement
Company NameBURSA MALAYSIA BERHAD  
Stock Name BURSA  
Date Announced23 Jan 2015  
CategoryGeneral Announcement
Reference NoBM-150123-59479

TypeAnnouncement
SubjectOTHERS
DescriptionBURSA MALAYSIA DERIVATIVES GRANTED FOREIGN BOARD OF TRADE REGISTRATION BY US CFTC

Attached herewith a copy of the Media Release dated 23 January 2015, which is self-explanatory on the above matter.

This announcement is dated 23 January 2015

Attachments

PressRelease_FBOT.pdf
403 KB



IOICORP - 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 NameIOI CORPORATION BERHAD  
Stock Name IOICORP  
Date Announced23 Jan 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoIC-150123-A7D1E

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 of RM0.10 each
Name & address of registered holderCitigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board
(Acquisition of 154,800 shares on 20 January 2015. Following the acquisition, currently held 562,810,073 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AMUNDI)
(There is no change in shareholding. Currently held 5,000,000 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (AM INV)
(There is no change in shareholding. Currently held 4,544,186 shares.)

Citigroup Nominees (Tempatan) Sdn Bhd
Employees Provident Fund Board (NOMURA)
(There is no change in shareholding. Currently held 11,099,600 shares.)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired20/01/2015
154,800
 

Circumstances by reason of which change has occurredAcquisition of equity managed by Portfolio Manager
Nature of interestDirect
Direct (units)583,453,859 
Direct (%)9.17 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change583,453,859
Date of notice21/01/2015

Remarks :
We received the Form 29B of EMPLOYEES PROVIDENT FUND BOARD on 23 January 2015.


MFCB - Changes in Director's Interest (S135) - Dato' Koh Hong Sun

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameMEGA FIRST CORPORATION BERHAD  
Stock Name MFCB  
Date Announced23 Jan 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoMF-150123-38465

Information Compiled By KLSE

Particulars of Director

NameDato' Koh Hong Sun
Address51, Persiaran Abang Haji Openg
Taman Tun Dr Ismail
60000 Kuala Lumpur
Descriptions(Class & nominal value)Ordinary shares of MYR1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
21/01/2015
43,000
 

Circumstances by reason of which change has occurredExercise of options to acquire shares of Mega First Corporation Berhad ("MFCB") pursuant to the Employees' Share Option Scheme ("ESOS") of MFCB.
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)100,000 
Direct (%)0.04 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice22/01/2015


GAB - Changes in Sub. S-hldr's Int. (29B) - Mitsubishi UFJ Financial Group, Inc

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGUINNESS ANCHOR BERHAD  
Stock Name GAB  
Date Announced23 Jan 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoGA-150123-734EB

Particulars of substantial Securities Holder

NameMitsubishi UFJ Financial Group, Inc
Address7-1 Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8330, Japan
NRIC/Passport No/Company No.N/A
Nationality/Country of incorporationJapan
Descriptions (Class & nominal value)Ordinary Stock unit of RM0.50 each
Name & address of registered holderAberdeen Asset Management PLC ("Aberdeen") and its subsidiaries
10 Queen's Terrace Aberdeen, AB10 1YG, Scotland

Morgan Stanley & Co International Plc ("Morgan Stanley")
25 Cabot Square, Canary Wharf, London E14 4QA, United Kingdom

AMP Capital Holdings Limited ("AMP") and its subsidiaries
Level 24 AMP Sydney Cove Building
33 Alfred Street Sydney, NSW 2000, Australia

Mitsubishi UFJ Asset Management Co., Ltd ("MUAM")
4-5 Marunouchi 1-Chome, Chiyoda-ku, Tokyo
100-8212 Japan

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired16/01/2015
580
 
Disposed16/01/2015
3,700
 

Circumstances by reason of which change has occurredAcquisition by Morgan Stanley Group.
Sale by MUAM.

Mitsubishi UFJ Financial Group, Inc ("MUFG") is deemed interested in the shares by virtue of:

1. MUFG's wholly-owned subsidiary, Mitsubishi UFJ Trust & Banking Corporation, holding more than 15% in Aberdeen

2. MUFG's holding more than 15% interest in shares of Morgan Stanley & Co. International Plc Group

3. MUFG's wholly-owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holding 15% in AMP

4. Mitsubishi UFJ Asset Management Co., Ltd, being MUFG's wholly-owned subsidiary
Nature of interestIndirect interest.
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)18,524,798 
Indirect/deemed interest (%)6.13 
Total no of securities after change18,524,798
Date of notice21/01/2015

Remarks :
The Form 29B was received by Guinness Anchor Berhad on 21 January 2015.

This announcement is dated 23 January 2015.


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