JAG - OTHERS JAG BERHAD (FORMERLY KNOWN AS INFORTECH ALLIANCE BERHAD) ("JAG" OR "THE COMPANY") - TERMINATION OF THE JOINT VENTURE AGREEMENT ENTERED ("JVA") BETWEEN INFORTECH SOFTWARE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF JAG AND SWT INTERNATIONAL SDN. BHD. TO UNDERTAKE THE DEVELOPMENT, MANAGEMENT, OPERATION AND IMPLEMENTATION OF MEDICAL WASTE TREATMENT IN MALAYSIA ("THE TERMINATION")
Announcement Type: General Announcement
| Company Name | JAG BERHAD (ACE Market) |
| Stock Name | JAG |
| Date Announced | 21 Jan 2015 |
| Category | General Announcement |
| Reference No | CS-150121-40919 |
| Admission Sponsor | TA Securities Holdings Bhd |
| Sponsor | Same as above |
| Type | Announcement |
| Subject | OTHERS |
| Description | JAG BERHAD (FORMERLY KNOWN AS INFORTECH ALLIANCE BERHAD) ("JAG" OR "THE COMPANY") - TERMINATION OF THE JOINT VENTURE AGREEMENT ENTERED ("JVA") BETWEEN INFORTECH SOFTWARE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF JAG AND SWT INTERNATIONAL SDN. BHD. TO UNDERTAKE THE DEVELOPMENT, MANAGEMENT, OPERATION AND IMPLEMENTATION OF MEDICAL WASTE TREATMENT IN MALAYSIA ("THE TERMINATION") |
1. Introduction
Reference is made to the Company's announcements made on 11 March 2014, 12 March 2014 and 20 November 2014 in relation to the JVA between Infortech Software Sdn. Bhd. (“ISSB”), a wholly-owned subsidiary of JAG and SWT International Sdn. Bhd. (“SWTSB”) to undertake the Development, Management, Operation and Implementation of Medical Waste Treatment in Malaysia.
The Board of Directors of JAG wishes to inform that ISSB and SWTSB had on 20 January 2015 mutually agreed to terminate the JVA. With the Termination, the JVA is null and void and ceases to have any force or effect. Neither party will have claims against the other in respect thereof.
In view of the considerable delay in the fulfilment of the conditions precedent of the JVA, ISSB and SWTSB have mutually decided to terminate the JVA, in the best interest of both parties.
None of the Directors and/or major shareholders of the Company as well as persons connected to them have any interest, direct or indirect, in the Termination. The Board of Directors of JAG after having considered all aspects of the Termination is of the view that the Termination is in the best interest of the Company. This announcement is dated 21 January 2015.
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MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
| Stock Name | MYETFDJ |
| Date Announced | 21 Jan 2015 |
| Category | General Announcement |
| Reference No | OB-150121-F5A68 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: MYETFDJ NAV per unit (RM): 1.1551 Units in circulation (units): 251,900,000.00 Manager's Fee (p.a.): 0.40 Trustee's Fee (% p.a.): 0.05 Index License Fee (% p.a.): 0.04 DJIM25 Index : 1,008.93 |
MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | MYETF MSCI MALAYSIA ISLAMIC DIVIDEND |
| Stock Name | MYETFID |
| Date Announced | 21 Jan 2015 |
| Category | General Announcement |
| Reference No | OB-150121-F5A7F |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: MYETFID NAV per unit (RM): 0.9919 Units in circulation (units): 21,600,000.00 Manager's Fee (p.a.): 0.40 Trustee's Fee (% p.a.): 0.045 Index License Fee (% p.a.): 0.06 MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,254.89 |
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BIPORT - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | BINTULU PORT HOLDINGS BERHAD |
| Stock Name | BIPORT |
| Date Announced | 21 Jan 2015 |
| Category | Change in Audit Committee |
| Reference No | BP-150121-36576 |
| Date of change | 20/01/2015 |
| Name | DATO’ SERI DR. HJ. ARSHAD BIN HJ. HASHIM |
| Age | 66 |
| Nationality | MALAYSIAN |
| Type of change | Others |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | -Bachelor of Arts (Hons) in Economics, Universiti of Malaya, Malaysia -Diploma in Economics Development, Cambridge University, United Kingdom -Master in Economics, University of Vanderbilt, United States of America -Ph.D in Extension Education, University Pertanian Malaysia, Malaysi |
| Working experience and occupation | Dato’ Seri Dr. Hj. Arshad had a vast experience in Malaysian Civil Service spanning over thirty (30) years, culminating with his retirement as the Secretary General, Ministry of Information in 2005. He has held various positions where he first served as the Assistant Secretary of the Economic Division in the Ministry of Finance. He was then assigned to the position of State Financial Officer of Penang in 1993. Other Civil Service related positions he had held include Director, Bumiputera Participation Division, Prime Minister’s Department, Penang, Director General of Tourism Malaysia and Deputy Secretary General (Finance and Development) Ministry of Education. |
| Directorship of public companies (if any) | NCB Holdings Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | NOT APPLICABLE |
| Any conflict of interests that he/she has with the listed issuer | NOT APPLICABLE |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NOT APPLICABLE |
| Composition of Audit Committee (Name and Directorate of members after change) | DATO' HJ. MOHAMAD NORZA BIN HJ. ZAKARIA- CHAIRMAN DATO' YASMIN BINTI MAHMOOD- MEMBER TUAN HJ. ZAKARIA BIN KASAH- MEMBER |
| Remarks : |
| Dato' Seri Dr. Hj. Arshad bin Hj. Hashim is still sit on the Board of Directors, Bintulu Port Holdings Berhad and currently has been appointed as Chairman of Nomination and Remuneration Committee. |
BIPORT - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | BINTULU PORT HOLDINGS BERHAD |
| Stock Name | BIPORT |
| Date Announced | 21 Jan 2015 |
| Category | Change in Audit Committee |
| Reference No | BP-150121-32256 |
| Date of change | 20/01/2015 |
| Name | DATO’ YASMIN BINTI MAHMOOD |
| Age | 51 |
| Nationality | MALAYSIAN |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Science (Computer Science and Applied Mathematics), University of New South Wales, Australia |
| Working experience and occupation | Dato’ Yasmin assumes the role of Chief Executive Officer, Multimedia Development Corporation (MDeC) as of 15th September 2014. She was previously the Executive Director of YTL Communications Sdn Bhd from 1st February 2010 and the Managing Director of Microsoft Malaysia, a role she held from 2006 until 2009. Dato’ Yasmin joined Dell Asia Pacific as its General Manager Malaysia in 1999 and left in 2005 as its Regional Manager for Malaysia, Thailand and Taiwan. She was with Dataprep Retail Sdn Bhd as their General Manager from 1993 to 1995.and launch her career in IT with HP Sales Malaysia from 1988 to 1993 |
| Directorship of public companies (if any) | NOT APPLICABLE |
| Family relationship with any director and/or major shareholder of the listed issuer | NOT APPLICABLE |
| Any conflict of interests that he/she has with the listed issuer | NOT APPLICABLE |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NOT APPLICABLE |
| Composition of Audit Committee (Name and Directorate of members after change) | DATO' HJ. MOHAMAD NORZA BIN HJ. ZAKARIA- CHAIRMAN DATO' YASMIN BINTI MAHMOOD- MEMBER TUAN HJ. ZAKARIA BIN KASAH- MEMBER |
BIPORT - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | BINTULU PORT HOLDINGS BERHAD |
| Stock Name | BIPORT |
| Date Announced | 21 Jan 2015 |
| Category | Change in Audit Committee |
| Reference No | BP-150121-35953 |
| Date of change | 20/01/2015 |
| Name | TUAN HJ. ZAKARIA BIN KASAH |
| Age | 49 |
| Nationality | MALAYSIAN |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Non Independent & Non Executive |
| Qualifications | Bachelor of Science (Hons) in Mechanical Engineering, George Washington University, United States of America |
| Working experience and occupation | He joined Petroliam Nasional Berhad (PETRONAS) in 1987 as Project Engineer for Projects: Gas Processing Plant, GPP Kertih, Miri Gas Separation Plant & Malaysia LNG Sdn. Bhd. (MLNG) 2 Project. In 1996, he was appointed as the Area Mechanical Engineer in MLNG and later on served as Manager of Planning and Turnaround, MLNG in 1998 until 2000. He was promoted as Senior Manager in 2001 and then served as Engineering Services Advisor, Egyptian LNG, IDKU from 2004 to 2006. He served as General Manager of Gas Processing Plant in Paka from 2006 until 2008. From July 2008 till August 2011, he served as a Senior General Manager of Loji, MLNG. He is currently the Managing Director and Chief Executive Officer of MLNG since September 2011. |
| Directorship of public companies (if any) | NOT APPLICABLE |
| Family relationship with any director and/or major shareholder of the listed issuer | NOT APPLICABLE |
| Any conflict of interests that he/she has with the listed issuer | NOT APPLICABLE |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NOT APPLICABLE |
| Composition of Audit Committee (Name and Directorate of members after change) | DATO' HJ. MOHAMAD NORZA BIN HJ. ZAKARIA- CHAIRMAN DATO' YASMIN BINTI MAHMOOD- MEMBER TUAN HJ. ZAKARIA BIN KASAH- MEMBER |
BIPORT - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | BINTULU PORT HOLDINGS BERHAD |
| Stock Name | BIPORT |
| Date Announced | 21 Jan 2015 |
| Category | Change in Audit Committee |
| Reference No | BP-150121-31702 |
| Date of change | 20/01/2015 |
| Name | DATO' HJ. MOHAMAD NORZA BIN HJ. ZAKARIA |
| Age | 48 |
| Nationality | MALAYSIAN |
| Type of change | Redesignation |
| Previous Position | Member of Audit Committee |
| New Position | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Commerce (Accountancy), University of Wollongong |
| Working experience and occupation | Dato’ Hj. Mohamad Norza began his career as a Senior Audit Assistant in Messrs. Arthur Anderson & Co. in 1988 before joining Bank Negara Malaysia as the Executive of Bank Regulation Department in 1990. Later he joined PETRONAS as the Senior Executive Finance and Administration Department, Gas and Petrochemical Development Division until April 1994. He moved up the corporate ladder as the Group Financial Controller at SPK Sentosa Corporation Berhad before he became the Group General Manager of Audit in Mun Loong Berhad in 1995 until 1997. Dato’ Hj. Mohamad Norza was the Chief Executive Offi cer of Gabungan Strategik Sdn. Bhd. from 1998 until 2004. His notable contribution in the Government sector was the Political Secretary to the Minister of Finance II from 2004 until 2008. He is currently the President and Chief Executive Officer of Citaglobal Sdn. Bhd. |
| Directorship of public companies (if any) | -TH Heavy Engineering Berhad -Pelikan International Corporation Berhad -TH Plantations Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | NOT APPLICABLE |
| Any conflict of interests that he/she has with the listed issuer | NOT APPLICABLE |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NOT APPLICABLE |
| Composition of Audit Committee (Name and Directorate of members after change) | DATO' HJ. MOHAMAD NORZA BIN HJ. ZAKARIA- CHAIRMAN DATO' YASMIN BINTI MAHMOOD- MEMBER TUAN HJ. ZAKARIA BIK KASAH- MEMBER |
BIPORT - Change in Audit Committee
Announcement Type: Change in Audit Committee
| Company Name | BINTULU PORT HOLDINGS BERHAD |
| Stock Name | BIPORT |
| Date Announced | 21 Jan 2015 |
| Category | Change in Audit Committee |
| Reference No | BP-150121-36897 |
| Date of change | 20/01/2015 |
| Name | DATUK HASHIM BIN ISMAIL |
| Age | 69 |
| Nationality | MALAYSIAN |
| Type of change | Resignation |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Qualifications | Bachelor of Arts (Hons), Universiti of Malaya, Malaysia |
| Working experience and occupation | Datuk Hashim extensive career in Civil Service started as a Senior Private Secretary to Deputy Minister of Energy, Telecommunication and Post in 1985. He was a Johor State Assemblyman and Johor State Exco from 1990 until 1995. He later assumed the position of Parliamentary Secretary to the Ministry of Finance until he retired in 2004. |
| Directorship of public companies (if any) | NOT APPLICABLE |
| Family relationship with any director and/or major shareholder of the listed issuer | NOT APPLICABLE |
| Any conflict of interests that he/she has with the listed issuer | NOT APPLICABLE |
| Details of any interest in the securities of the listed issuer or its subsidiaries | NOT APPLICABLE |
| Composition of Audit Committee (Name and Directorate of members after change) | DATO' HJ. MOHAMAD NORZA BIN HJ. ZAKARIA- CHAIRMAN DATO' YASMIN BINTI MAHMOOD- MEMBER TUAN HJ. ZAKARIA BIN KASAH- MEMBER |
HIBISCS - OTHERS Release - Lime Norway offered 5% stake in PL591C
Announcement Type: General Announcement
| Company Name | HIBISCUS PETROLEUM BERHAD |
| Stock Name | HIBISCS |
| Date Announced | 21 Jan 2015 |
| Category | General Announcement |
| Reference No | HP-150121-C3C3F |
| Type | Announcement |
| Subject | OTHERS |
| Description | Release - Lime Norway offered 5% stake in PL591C |
We attach herewith our release dated 21 January 2015 entitled "Lime Norway offered 5% stake in PL591C". This announcement is dated 21 January 2015.
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SKPETRO - 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 Name | SAPURAKENCANA PETROLEUM BERHAD |
| Stock Name | SKPETRO |
| Date Announced | 21 Jan 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-150121-6178F |
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 Employees Provident Fund Board (CIMB PRI) |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 16/01/2015 | 866,900 |
| Remarks : |
| The Form 29B dated 19 January 2015 was received on 21 January 2015. |
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