IRIS - MATERIAL LITIGATION
Company Name | IRIS CORPORATION BERHAD (ACE Market) |
Stock Name | IRIS |
Date Announced | 6 Feb 2015 |
Category | General Announcement |
Reference No | IC-150206-64606 |
Type | Announcement |
Subject | MATERIAL LITIGATION |
Description | 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"). |
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.
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GRANFLO - Notice of Shares Buy Back - Immediate Announcement
Company Name | GRAND-FLO BERHAD |
Stock Name | GRANFLO |
Date Announced | 6 Feb 2015 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | CM-150206-4318D |
TMS - MULTIPLE PROPOSALS (Amended Announcement)
Company Name | THE MEDIA SHOPPE BERHAD (ACE Market) |
Stock Name | TMS |
Date Announced | 6 Feb 2015 |
Category | General Announcement |
Reference No | MB-150206-35404 |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | THE 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.
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NEXGRAM - Changes in Sub. S-hldr's Int. (29B) - Ooi Kock Aun
Company Name | NEXGRAM HOLDINGS BERHAD (ACE Market) |
Stock Name | NEXGRAM |
Date Announced | 6 Feb 2015 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CS-150206-39763 |
Particulars of substantial Securities Holder
Name | Ooi Kock Aun |
Address | 36, Jalan BU12/9, Bandar Utama, 47800 Petaling Jaya, Selangor Darul Ehsan. |
NRIC/Passport No/Company No. | 670307-07-5561 |
Nationality/Country of incorporation | Malaysian |
Descriptions (Class & nominal value) | Ordinary shares of RM0.10 each |
Name & address of registered holder | Kenanga 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 transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 04/02/2015 | 20,000,000 |
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
Company Name | SANICHI TECHNOLOGY BERHAD (ACE Market) |
Stock Name | SANICHI |
Date Announced | 6 Feb 2015 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CC-150206-5019D |
Particulars of substantial Securities Holder
Name | MAH WEE HIAN @ MAH SIEW KUNG |
Address | 15TH FLOOR MENARA SMI LORONG P RAMLEE 50200 KUALA LUMPUR |
NRIC/Passport No/Company No. | 550420-08-5159 |
Nationality/Country of incorporation | MALAYSIAN |
Descriptions (Class & nominal value) | ORDINARY SHARES OF RM0.10 EACH |
Name & address of registered holder | MAH WEE HIAN @ MAH SIEW KUNG |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 08/01/2015 | 300,000 | |
Acquired | 09/01/2015 | 400,000 | |
Acquired | 12/01/2015 | 400,000 |
Remarks : |
THE FORM 29B WAS RECEIVED ON 6 FEBRUARY 2015. |
FBMKLCI-EA - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Company Name | FTSE BURSA MALAYSIA KLCI ETF |
Stock Name | FBMKLCI-EA |
Date Announced | 6 Feb 2015 |
Category | General Announcement |
Reference No | FB-150206-5D24C |
Type | Announcement |
Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
Description | FTSE Bursa Malaysia KLCI etf - Valuation Point as at 06 February 2015 |
Fund: FTSE Bursa Malaysia KLCI etf |
BJTOTO - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | BERJAYA SPORTS TOTO BERHAD |
Stock Name | BJTOTO |
Date Announced | 6 Feb 2015 |
Category | General Announcement |
Reference No | BB-150206-4B647 |
Type | Announcement | ||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||
Description | Pursuant 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
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BJTOTO - Changes in Director's Interest (S135) - DATO' DICKSON TAN YONG LOONG
Company Name | BERJAYA SPORTS TOTO BERHAD |
Stock Name | BJTOTO |
Date Announced | 6 Feb 2015 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | BB-150206-4B62D |
Information Compiled By KLSE
Particulars of Director
Name | DATO' DICKSON TAN YONG LOONG |
Address | 8 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 | 5,800 |
Circumstances by reason of which change has occurred | Beneficial interest - Purchase of shares in the open market |
Nature of interest | Beneficial 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 notice | 05/02/2015 |
DRBHCOM - OTHERS PROTON HOLDINGS BERHAD ("PROTON") AND PT. ADIPERKASA CITRA LESTARI TO COLLABORATE ON THE DEVELOPMENT AND MANUFACTURING OF INDONESIA NATIONAL CAR
Company Name | DRB-HICOM BERHAD |
Stock Name | DRBHCOM |
Date Announced | 6 Feb 2015 |
Category | General Announcement |
Reference No | DD-150206-43205 |
Type | Announcement |
Subject | OTHERS |
Description | PROTON 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. |
BKAWAN - Notice of Shares Buy Back - Immediate Announcement
Company Name | BATU KAWAN BERHAD |
Stock Name | BKAWAN |
Date Announced | 6 Feb 2015 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | BK-150206-45860 |
Remarks : |
The total number of shares in issue after the above share buyback is 407,684,200. |
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