February 26, 2015

Company announcements: IFCAMSC, MEXTER, ETITECH, EAH, NWP, YILAI, ICAP, SUNREIT

IFCAMSC - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameIFCA MSC BERHAD (ACE Market) 
Stock Name IFCAMSC  
Date Announced26 Feb 2015  
CategoryAdditional Listing Announcement (ALA)
Reference NoIM-150226-60297

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalExercise of warrants 2011/2016 (IFCA-WA)
No. of shares issued under this corporate proposal681,000
Issue price per share ($$)MYR 0.100
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units519,378,400
CurrencyMYR 51,937,840.000
Listing Date02/03/2015


MEXTER - Quarterly rpt on consolidated results for the financial period ended 31/12/2014

Announcement Type: Financial Results
Company NameMEXTER TECHNOLOGY BERHAD (ACE Market) 
Stock Name MEXTER  
Date Announced26 Feb 2015  
CategoryFinancial Results
Reference NoCA-150224-40867

Financial Year End31/12/2014
Quarter4
Quarterly report for the financial period ended31/12/2014
The figureshave not been audited

Attachments

MTB-Q4'14.pdf
183 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2014
31/12/2013
31/12/2014
31/12/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
8,577
7,977
43,193
34,673
2Profit/(loss) before tax
233
-912
-915
-2,959
3Profit/(loss) for the period
-88
-912
-1,264
-2,960
4Profit/(loss) attributable to ordinary equity holders of the parent
36
-842
-1,204
-2,735
5Basic earnings/(loss) per share (Subunit)
0.02
-0.70
-0.65
-2.40
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.0600
0.0600
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


ETITECH - BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS ETI TECH CORPORATION BERHAD AND FINES FOUR DIRECTORS A TOTAL OF RM22,800

Announcement Type: Listing Circular
Company NameETI TECH CORPORATION BERHAD  
Stock Name ETITECH  
Date Announced26 Feb 2015  
CategoryListing Circular
Reference NoCW-150226-59605

LISTING'S CIRCULAR NO. L/Q : 72604 OF 2015

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded ETI Tech Corporation Berhad (ETITECH or the Company) and 4 directors for breaching the Bursa Malaysia Securities Main Market Listing Requirements (Main LR). In addition, the 4 directors of ETITECH were fined a total of RM22,800.

ETITECH was publicly reprimanded for breaching paragraph 9.23(2) of the Main LR where the Company had failed to announce its audited financial statements for the financial period from 1 September 2011 to 28 February 2013 (AFS 2013) on or before 30 June 2013. ETITECH only announced the AFS 2013 on 1 August 2013, after a delay of 24 market days.

ETITECH is also required to review and ensure the adequacy and effectiveness of its financial reporting function and ensure all its directors and relevant personnel attend a training programme in relation to compliance with the Main LR particularly pertaining to financial statements.

The following directors of ETITECH at the material time were found to have breached paragraph 16.13(b) of the Main LR for permitting knowingly, or where they had reasonable means of obtaining such knowledge, ETITECH to commit the breach of paragraph 9.23(2) of the Main LR. The penalties imposed on the directors are as follows:-

No.
Director
Penalty
1.
Dato’ Ahmad Shukri bin Tajuddin
Independent Non-Executive Chairman
Audit Committee Member
(resigned on 9 July 2013)
Public Reprimand & Fine of RM1,200
2.
Lee Kah Kheng
Executive Director
(retired on 23 September 2013)
Public Reprimand & Fine of RM12,000
3.
Khor Yee Kwang
Executive Director
(resigned on 13 August 2013)
Public Reprimand & Fine of RM4,800
4.
Nordin bin Mohamad Desa
Independent Non-Executive Director
Audit Committee Chairman
(resigned on 28 February 2014)
Public Reprimand & Fine of RM4,800

Bursa Malaysia Securities views the contravention seriously as the requirement for listed companies to ensure timely submission of financial statements was of paramount importance to ensure a fair and orderly market of securities traded on Bursa Malaysia Securities.

BACKGROUND

The delay in the announcement of the AFS 2013 which was due on 30 June 2013 was mainly due to ETITECH’s delay / failure in addressing / resolving the following audit issues with the external auditors:-
  • Failure to reclassify the assets in respect of the proposed disposal of an indirect wholly-owned subsidiary in accordance with the accounting standards (i.e. Financial Reporting Standard 5) which was approved and entered into prior to 30 June 2013;
  • Failure to finalise and furnish the 3 years profit and cash flow forecast and projection of ETITECH Group to justify the carrying value of development expenditure amounting to approximately RM32 million which was requested by the external auditors including to the board and audit committee on 30 October 2012. However, the Company had only submitted to the external auditors the requested profit and cash flow forecast in July 2013; and
  • Failure to conduct physical stock count in relation to ETITECH’s inventories as at the financial period ended 28 February 2013. The external auditors had in the board meeting on 29 April 2013 specifically requested the Company to arrange for inventory count. However, the Company had only conducted the physical stock count in the Kulim factory on 3 July 2013 and in Taiwan and China on 22 & 23 July 2013.

ETITECH had failed to demonstrate reasonable steps / efforts taken to ensure the outstanding audit issues were resolved expeditiously to enable timely announcement of the AFS 2013.

The finding of breach and imposition of the above penalties on ETITECH and its directors were made pursuant to paragraph 16.19(1) of the Main LR upon completion of due process and after taking into consideration all facts and circumstances of the matter including the materiality of the breach and the knowledge, role, responsibilities and conduct of the directors as follows:-
  1. Lee Kah Kheng was the executive director of ETITECH primarily responsible for the financial management of ETITECH. He was aware of the audit issues and was in a position to ensure all the audit issues were resolved expeditiously to enable timely announcement of the AFS 2013. In addition, he had given assurances to the board which had relied on him with regard to the finalisation of the audit issues;
  2. Khor Yee Kwang was an executive director of ETITECH and was or should be aware of the audit issues / request of the external auditors raised in the board meetings. He had failed to demonstrate reasonable efforts taken to discharge his duties including his failure to attend the subsequent board meetings after the board meeting on 26 February 2013 and upon being made aware of the delay in announcement of the AFS 2013; and
  3. Dato’ Ahmad Shukri bin Tajuddin and Nordin bin Mohamad Desa were members of audit committee who had the specific function under the Main LR to review financial statements. They were or should be aware of the audit issues / request of the external auditors raised in the audit committee / board meetings. They had failed to demonstrate reasonable efforts taken to discharge their duties including to monitor and ensure expeditious resolution of the profit and cash flow forecast requested by the external auditors which was material to enable the directors to assess and make informed decision on the financial position / prospect of the Company.

EAH - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD

Announcement Type: General Announcement
Company NameEA HOLDINGS BERHAD (ACE Market) 
Stock Name EAH  
Date Announced26 Feb 2015  
CategoryGeneral Announcement
Reference NoCZ-150226-45966

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionEA HOLDINGS BERHAD ("EAH")- DISPOSAL OF ORDINARY SHARES OF RM0.10 EACH ("EAH SHARES")

The following Director has given notice of his dealings in the securities of the Company during closed period as follows:-

Ordinary Shares of RM0.10 each ("EAH Shares)")

 

Name of Director

 

Date of Change

Nature of Interest

Price Transacted for Shares

(RM)

No. of Shares Disposal

Percentage of Shares Disposal

 

Remarks

MOHAMMAD SOBRI BIN SAAD

25/02/2015

Direct

0.125

20,000,000

2.35%

Disposal via Married Deal

 

 







 

 

This announcement is dated 26 February 2015.

 

 

 



EAH - Changes in Director's Interest (S135) - MOHAMMAD SOBRI BIN SAAD

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameEA HOLDINGS BERHAD (ACE Market) 
Stock Name EAH  
Date Announced26 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCZ-150226-17DFB

Information Compiled By KLSE

Particulars of Director

NameMOHAMMAD SOBRI BIN SAAD
AddressNO. 40, JALAN KUBAH U8/56,
BUKIT JELUTONG,
40150 SHAH ALAM,
SELANGOR D.E.
Descriptions(Class & nominal value)ORDINARY SHARES OF RM0.10 EACH ("EAH SHARE(S)")

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
25/02/2015
20,000,000
0.125 

Circumstances by reason of which change has occurredDisposal via married deal
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)145,877,454 
Direct (%)17.15 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice26/02/2015

Remarks :
This announcement is dated 26 February 2015


EAH - Changes in Sub. S-hldr's Int. (29B) - MOHAMMAD SOBRI BIN SAAD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameEA HOLDINGS BERHAD (ACE Market) 
Stock Name EAH  
Date Announced26 Feb 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCZ-150226-45999

Particulars of substantial Securities Holder

NameMOHAMMAD SOBRI BIN SAAD
AddressNO. 40, JALAN KUBAH U8/56,
BUKIT JELUTONG,
40150 SHAH ALAM,
SELANGOR D.E.
NRIC/Passport No/Company No.600910-02-5047
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.10 EACH ("EAH SHARES")
Name & address of registered holderRHB NOMINEES (TEMPATAN) SDN. BHD.
10TH FLOOR, PLAZA OSK,
JALAN AMPANG,
50450 KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed25/02/2015
20,000,000
0.125 

Circumstances by reason of which change has occurredDisposal via Married Deal
Nature of interestDirect
Direct (units)145,877,454 
Direct (%)17.15 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change145,877,454
Date of notice26/02/2015

Remarks :
This announcement is dated 26 February 2015


NWP - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameNWP HOLDINGS BERHAD  
Stock Name NWP  
Date Announced26 Feb 2015  
CategoryGeneral Meetings
Reference NoNH-150226-39983

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting26/02/2015
VenueThe Royale Bintang Damansara
Outcome of Meeting

The Board of Directors of NWP is pleased to announce that all the ordinary and special business as set out in the Notice of Meeting dated 4 February 2015 were duly passed by the shareholders at the 15th Annual General Meeting of NWP Holdings Berhad held on 26th February 2015.

This announcement is dated 26th February 2015.



YILAI - YILAI - NOTICE OF BOOK CLOSURE

Announcement Type: Listing Circular
Company NameYI-LAI BERHAD  
Stock Name YILAI  
Date Announced26 Feb 2015  
CategoryListing Circular
Reference NoRN-150226-30744

LISTING'S CIRCULAR NO. L/Q : 72603 OF 2015


    Interim Single Tier Dividend of 2 sen per ordinary share of RM0.50.

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
    as from : [ 8 April 2015 ]

    2) The last date of lodgement : [ 10 April 2015 ]

    3) Date Payable : [ 8 May 2015 ]


ICAP - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameICAPITAL.BIZ BERHAD  
Stock Name ICAP  
Date Announced26 Feb 2015  
CategoryGeneral Announcement
Reference NoCK-150225-2738B

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionOn behalf of the Board of icapital.biz Berhad, we wish to announce that the Net Asset Value per share of icapital.biz Berhad as at 25 February 2015 was RM2.96.



SUNREIT - 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 NameSUNWAY REAL ESTATE INVESTMENT TRUST  
Stock Name SUNREIT  
Date Announced26 Feb 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoSR-150226-30380

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)Units in Sunway Real Estate Investment Trust
Name & address of registered holder1. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board of Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
2. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) of Suite No. 16.2, Level 16, Menara IMC, No. 8, Jalan Sultan Ismail, 50250 Kuala Lumpur
3. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON) of Suite 31-02, 31st Floor, Menara Keck Seng, 203, Jalan Bukit Bintang, 55100 Kuala Lumpur
4. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI) of Amundi Asset Management, Middle Office, 168 Robinson Road, #24-01 Capital Tower, Singapore 068912
5. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB) of Kenanga Investors Berhad, Suite 12.02, 12th Floor, Kenanga International, Jalan Sultan Ismail, 50250 Kuala Lumpur
6. Employees Provident Fund Board of Tingkat 19, Bangunan KWSP, Jalan Raja Laut, 50350 Kuala Lumpur
7. Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AFFIN-HWG) of Suite 11-01, 11th Floor, Menara Keck Seng, 203, Jalan Bukit Bintang, 55100 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed23/02/2015
1,212,100
 

Circumstances by reason of which change has occurredDisposal of equity managed by Portfolio Manager, Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Nature of interestDirect interest
Direct (units)299,690,500 
Direct (%)10.21 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change299,690,500
Date of notice24/02/2015

Remarks :
1. The direct interest of 299,690,500 units are held as follows:-
a) 255,519,700 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board.
b) 1,500,000 units are registered in the name of Employees Provident Fund Board.
c) 5,993,100 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AMUNDI).
d) 4,314,300 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (KIB).
e) 9,291,200 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AFFIN-HWG).
f) 15,440,400 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA).
g) 7,631,800 units are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (TEMPLETON).

2. The Form 29B dated 24 February 2015 was received on 26 February 2015.


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