February 7, 2015

Company announcements: IRIS, GRANFLO, TMS, NEXGRAM, SANICHI, FBMKLCI-EA, BJTOTO, DRBHCOM, BKAWAN

IRIS - MATERIAL LITIGATION

Announcement Type: General Announcement
Company NameIRIS CORPORATION BERHAD (ACE Market) 
Stock Name IRIS  
Date Announced6 Feb 2015  
CategoryGeneral Announcement
Reference NoIC-150206-64606

TypeAnnouncement
SubjectMATERIAL LITIGATION
DescriptionJUDGEMENT ON THE LITIGATION IN TURKEY BETWEEN IRIS TECHNOLOGIES (M) SDN. BHD. (“IRIS TECH”) A WHOLLY OWNED SUBSIDIARY OF IRIS CORPORATION BERHAD (“THE COMPANY”) ITS JOINT VENTURE PARTNER KUNT ELEKTRONIK SAN.VE.TIC.A.S(“JVCO”) AND THE SECURITY GENERAL DIRECTORATE OF MINISTRY OF INTERIOR (KNOWN AS "EGM").

 

JUDGEMENT  ON THE LITIGATION IN TURKEY BETWEEN IRIS TECHNOLOGIES (M) SDN. BHD. (“IRIS TECH”) A WHOLLY OWNED SUBSIDIARY OF IRIS CORPORATION BERHAD (“THE COMPANY”) ITS JOINT VENTURE PARTNER KUNT ELEKTRONIK SAN.VE.TIC.A.S (“JVCO”) AND THE SECURITY GENERAL DIRECTORATE OF MINISTRY OF INTERIOR (KNOWN AS "EGM").

 

 This is a follow up on the announcement last made on 15th March 2013.

 

The Company received the update on the court proceedings of the consolidated Ankara 12th Civil Court of First Instance (2009/343) and 23rd Civil Court of First Instance Ankara (2010/347) and several merged cases relating thereto from its solicitors in Turkey.

 

The Company was informed that a decision was declared on 16th September 2014 and was duly served on the JVCO on 28th January, 2015. The Company makes this announcement as soon as the facts and figures in the Judgment which is in the Turkish language is accurately verified and endorsed by its solicitors

 

The Judgment declared the following:-

 

1. The JVCO’’s claim for unlawful termination by EGM and payment for the balance amount of (Turkish Lira) TL6.195.000 (equivalent to RM9,014,221) due to the JVCO for works completed was rejected.

2. EGM’s claim for the refund of monies paid to the JVCO for the completion of Phase 1 (delivery of hardware and equipment) of the Project to the amount of TL6.195.000 (equivalent to RM9,014,221) was allowed and declared that the JVCO had to return the said amount to EGM with interest.

3. The JVCO to pay TL5.053,84 (equivalent to RM7,354) as compensation for loss suffered  by EGM ; and

4. EGM’s claim of TL49.761,53  (equivalent to RM72,407) as expenses arising from their  performance of the contract and loss due to the termination was allowed and the  JVCO was ordered to pay the said amount as compensation.

 JVCO has duly notified its lawyers and is being advised as to the next course of action. The estimated potential liability to the JVCO is limited to the total sum of RM9,093,982 which the ICB Group will be liable for 75% of the above sum.

 

This announcement is made on 6th February, 2015.

 

 



GRANFLO - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameGRAND-FLO BERHAD  
Stock Name GRANFLO  
Date Announced6 Feb 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoCM-150206-4318D

Date of buy back06/02/2015
Description of shares purchasedOrdinary Shares of RM0.10 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)20,000
Minimum price paid for each share purchased ($$)0.285
Maximum price paid for each share purchased ($$)0.285
Total consideration paid ($$)5,700.00
Number of shares purchased retained in treasury (units)20,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units)1,870,800
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)0.509


TMS - MULTIPLE PROPOSALS (Amended Announcement)

Announcement Type: General Announcement
Company NameTHE MEDIA SHOPPE BERHAD (ACE Market) 
Stock Name TMS  
Date Announced6 Feb 2015  
CategoryGeneral Announcement
Reference NoMB-150206-35404

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionTHE MEDIA SHOPPE BERHAD (“TMS” OR THE “COMPANY”)

(I) PROPOSED SHARE CAPITAL REDUCTION; AND
(II) PROPOSED SHARE CONSOLIDATION.

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Reference is made to the announcement on 6 January 2015 in relation to the Proposals (“Announcement”). For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the Announcement.

On behalf of the Board of Directors of TMS, AmInvestment Bank Berhad would like to make amendment to the Section 2.2.2 of the Announcement, which is as below:

2.2.2 Suspension of trading of TMS Shares

The Proposed Share Consolidation is conditional upon the Proposed Share Capital Reduction; hence, it does not fall under the ambit of specified consolidation of shares pursuant to the ACE Market Listing Requirements of Bursa Securities (“Listing Requirements”). Therefore, the trading of TMS Shares will be suspended for three (3) clear market days before the book closure date which will be determined and announced later by the Board.

To as below:

2.2.2 Suspension of trading of TMS Shares

There will be no suspension of trading of TMS Shares pursuant to the Proposed Share Consolidation, as per the ACE Market Listing Requirements of Bursa Securities (“Listing Requirements”).

This announcement is dated 6 February 2015.



NEXGRAM - Changes in Sub. S-hldr's Int. (29B) - Ooi Kock Aun

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameNEXGRAM HOLDINGS BERHAD (ACE Market) 
Stock Name NEXGRAM  
Date Announced6 Feb 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCS-150206-39763

Particulars of substantial Securities Holder

NameOoi Kock Aun
Address36, Jalan BU12/9, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan.
NRIC/Passport No/Company No.670307-07-5561
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holderKenanga Nominees (Tempatan) Sdn. Bhd.
- Ground Floor, Bangunan ECM Libra, 8, Jalan Damansara Endah, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed04/02/2015
20,000,000
 

Circumstances by reason of which change has occurredDisposal of Shares
Nature of interestDirect Interest
Direct (units)147,941,494 
Direct (%)7.86 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change147,941,494
Date of notice06/02/2015

Remarks :
Overall Interests after change:

Direct Interest: 147,941,494
- AIBB Nominees (Tempatan) Sdn. Bhd. – 43,300,000
- AllianceGroup Nominees (Tempatan) Sdn. Bhd. – 46,885,333
- JF Apex Nominees (Tempatan) Sdn. Bhd. – 7,844,400
- Kenanga Nominees (Tempatan) Sdn. Bhd. – 49,911,761

The disposal of 20,000,000 ordinary shares represent 1.06% of the total issued paid-up capital of the Company.


SANICHI - Changes in Sub. S-hldr's Int. (29B) - MAH WEE HIAN @ MAH SIEW KUNG

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSANICHI TECHNOLOGY BERHAD (ACE Market) 
Stock Name SANICHI  
Date Announced6 Feb 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-150206-5019D

Particulars of substantial Securities Holder

NameMAH WEE HIAN @ MAH SIEW KUNG
Address15TH FLOOR MENARA SMI
LORONG P RAMLEE
50200 KUALA LUMPUR
NRIC/Passport No/Company No.550420-08-5159
Nationality/Country of incorporationMALAYSIAN
Descriptions (Class & nominal value)ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holderMAH WEE HIAN @ MAH SIEW KUNG

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired08/01/2015
300,000
 
Acquired09/01/2015
400,000
 
Acquired12/01/2015
400,000
 

Circumstances by reason of which change has occurredACQUIRED IN THE OPEN MARKET
Nature of interestDIRECT
Direct (units) 
Direct (%)10.77 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change109,210,000
Date of notice13/01/2015

Remarks :
THE FORM 29B WAS RECEIVED ON 6 FEBRUARY 2015.


FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameFTSE BURSA MALAYSIA KLCI ETF  
Stock Name FBMKLCI-EA  
Date Announced6 Feb 2015  
CategoryGeneral Announcement
Reference NoFB-150206-5D24C

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFTSE Bursa Malaysia KLCI etf - Valuation Point as at 06 February 2015

Fund: FTSE Bursa Malaysia KLCI etf
NAV per unit (RM): 1.8551
Units in circulation (units): 1,672,000
Manager's Fee (% p.a): 0.50
Trustee Fee (% p.a): 0.06
License Fee (% p.a): 0.04
FTSE Bursa Malaysia KLCI Index: 1,813.25

Attachments

FBM KLCI etf 20150206.xls
31 KB



BJTOTO - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

Announcement Type: General Announcement
Company NameBERJAYA SPORTS TOTO BERHAD  
Stock Name BJTOTO  
Date Announced6 Feb 2015  
CategoryGeneral Announcement
Reference NoBB-150206-4B647

TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
DescriptionPursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the dealings in the shares of the Company by Dato' Dickson Tan Yong Loong, a Non-Executive Director of the Company as set out in the table below.

Ordinary shares of RM0.10 each

DIRECT INTEREST

Name of Director
Date of Transaction
Price per share
No. of shares acquired

% of Ordinary shares

Dato' Dickson Tan Yong Loong
5.2.2015
RM3.4000
5,800
0.0004



BJTOTO - Changes in Director's Interest (S135) - DATO' DICKSON TAN YONG LOONG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameBERJAYA SPORTS TOTO BERHAD  
Stock Name BJTOTO  
Date Announced6 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoBB-150206-4B62D

Information Compiled By KLSE

Particulars of Director

NameDATO' DICKSON TAN YONG LOONG
Address8 Jalan TR5/2, Tropicana Golf & Country Resort
47410 Petaling Jaya, Selangor Darul Ehsan
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
05/02/2015
5,800
 

Circumstances by reason of which change has occurredBeneficial interest
- Purchase of shares in the open market
Nature of interestBeneficial interest
Consideration (if any) 

Total no of securities after change

Direct (units)13,200 
Direct (%)0.001 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Date of notice05/02/2015


DRBHCOM - OTHERS PROTON HOLDINGS BERHAD ("PROTON") AND PT. ADIPERKASA CITRA LESTARI TO COLLABORATE ON THE DEVELOPMENT AND MANUFACTURING OF INDONESIA NATIONAL CAR

Announcement Type: General Announcement
Company NameDRB-HICOM BERHAD  
Stock Name DRBHCOM  
Date Announced6 Feb 2015  
CategoryGeneral Announcement
Reference NoDD-150206-43205

TypeAnnouncement
SubjectOTHERS
DescriptionPROTON HOLDINGS BERHAD ("PROTON") AND PT. ADIPERKASA CITRA LESTARI TO COLLABORATE ON THE DEVELOPMENT AND MANUFACTURING OF INDONESIA NATIONAL CAR

Attached is the press release by PROTON in relation to the above collaboration.

This announcement is dated 6 February 2015.

Attachments

Press Release.pdf
100 KB



BKAWAN - Notice of Shares Buy Back - Immediate Announcement

Announcement Type: Notice of Shares Buy Back - Immediate Announcement
Company NameBATU KAWAN BERHAD  
Stock Name BKAWAN  
Date Announced6 Feb 2015  
CategoryNotice of Shares Buy Back - Immediate Announcement
Reference NoBK-150206-45860

Date of buy back06/02/2015
Description of shares purchasedShares of RM1.00 each
CurrencyMalaysian Ringgit (MYR)
Total number of shares purchased (units)10,900
Minimum price paid for each share purchased ($$)18.320
Maximum price paid for each share purchased ($$)18.360
Total consideration paid ($$)200,761.32
Number of shares purchased retained in treasury (units)10,900
Number of shares purchased which are proposed to be cancelled (units)0
Cumulative net outstanding treasury shares as at to-date (units)28,266,800
Adjusted issued capital after cancellation
(no. of shares) (units)
 
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%)6.48

Remarks :
The total number of shares in issue after the above share buyback is 407,684,200.


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