February 12, 2015

Company announcements: KGROUP, OSKVI, MQTECH, HHGROUP

KGROUP - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameKEY ALLIANCE GROUP BERHAD (ACE Market) 
Stock Name KGROUP  
Date Announced11 Feb 2015  
CategoryGeneral Announcement
Reference NoOS-150211-55356

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionKEY ALLIANCE GROUP BERHAD (FORMERLY KNOWN AS DVM TECHNOLOGY BERHAD) (“KAG” OR THE “COMPANY”)

(I) PROPOSED PAR VALUE REDUCTION;
(II) PROPOSED SHARE ISSUANCE SCHEME; AND
(III) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF KAG

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

 

On behalf of the Board of Directors of KAG (“Board”), TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the following proposals:

 

 

 

(i) proposed reduction of the issued and paid-up share capital of the Company pursuant to Section 64(1) of the Companies Act, 1965 involving the cancellation of RM0.05 of the par value of the ordinary shares of RM0.10 each in KAG to RM0.05 each in KAG (“Proposed Par Value Reduction”);

 

 

 

(ii) proposed establishment and implementation of a share issuance scheme of up to thirty percent (30%) of the Company’s issued and paid-up share capital (excluding treasury shares, if any) at any one time during the duration of the scheme (“Proposed SIS”), for the Directors and employees of KAG and its subsidiaries (“KAG Group”) (excluding dormant subsidiaries) who fulfil the eligibility criteria; and

 

 

 

(iii) proposed amendment to the Memorandum of Association of the Company to facilitate the Proposed Par Value Reduction (“Proposed Amendment”),

 

 

(Collectively referred to as the “Proposals”)

 

 

 

Please refer to the attachment below for further details of the announcement.

 

 

 

This announcement is dated 11 February 2015.

 

 



OSKVI - OTHERS OSK VENTURES INTERNATIONAL BERHAD ("OSKVI" OR "THE COMPANY") - PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES ("PROPOSAL")

Announcement Type: General Announcement
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced11 Feb 2015  
CategoryGeneral Announcement
Reference NoCS-150211-60905

TypeAnnouncement
SubjectOTHERS
DescriptionOSK VENTURES INTERNATIONAL BERHAD ("OSKVI" OR "THE COMPANY")
- PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES ("PROPOSAL")

The Board of Directors of OSKVI wishes to announce that the Company proposes to seek shareholders' approval for the Proposal at the forthcoming Eleventh Annual General Meeting to be convened at a date to be notified later.

A Statement setting out the details pertaining to the Proposal will be despatched to shareholders in due course.

This announcement is dated 11 February 2015.



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

Announcement Type: Financial Results
Company NameOSK VENTURES INTERNATIONAL BERHAD (ACE Market) 
Stock Name OSKVI  
Date Announced11 Feb 2015  
CategoryFinancial Results
Reference NoOV-150211-59303

Financial Year End31/12/2014
Quarter4
Quarterly report for the financial period ended31/12/2014
The figureshave been audited
  • 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
26,013
15,893
102,426
45,835
2Profit/(loss) before tax
-18,387
-8,532
-11,249
19,431
3Profit/(loss) for the period
-18,092
-9,414
-13,700
17,067
4Profit/(loss) attributable to ordinary equity holders of the parent
-18,092
-9,414
-13,700
17,067
5Basic earnings/(loss) per share (Subunit)
-9.24
-4.81
-7.00
8.72
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
2.00
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 ($$)
0.9200
1.0100
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


MQTECH - OTHERS MQ Technology Berhad (“MQ” or the “Company”) - Acquisition of new subsidiary

Announcement Type: General Announcement
Company NameMQ TECHNOLOGY BERHAD (ACE Market) 
Stock Name MQTECH  
Date Announced11 Feb 2015  
CategoryGeneral Announcement
Reference NoCC-150211-39E81

TypeAnnouncement
SubjectOTHERS
DescriptionMQ Technology Berhad (“MQ” or the “Company”)
- Acquisition of new subsidiary

The Board of Directors of MQ Technology Berhad ("MQ" or the "Company") wishes to announce that the Company has on 11 February 2015 acquired the entire issued and paid-up share capital of a shelf company known as Star Acres Sdn Bhd. The present authorized share capital of Star Acres Sdn Bhd is RM400,000 comprising 400,000 ordinary shares of RM1.00 each and its paid-up share capital is RM2.00 comprising 2 ordinary shares of RM1.00 each.

Star Acres Sdn Bhd was incorporated on 25th November 2014. It is currently dormant and is intended for future use by MQ group.

The said acquisition will not have any material financial effect on earnings and net assets of the Company for the financial year ending 31 December 2015.

None of the Directors and substantial Shareholders of the Company and the persons connected to them has any direct and indirect interest in the said acquisition.

This announcement is dated 11 February 2015

 

 

 



HHGROUP - Changes in Director's Interest (S135) - TEH CHAI LUANG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameHENG HUAT RESOURCES GROUP BERHAD (ACE Market) 
Stock Name HHGROUP  
Date Announced11 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-150129-57AF6

Information Compiled By KLSE

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above

Particulars of Director

NameTEH CHAI LUANG
AddressNO.2457 KAMPUNG JAWI, 14200 SUNGAI BAKAP, PULAU PINANG.
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
11/02/2015
2,062,500
0.450 

Circumstances by reason of which change has occurredDIRECT BUSINESS TRANSACTION
Nature of interestDIRECT
Consideration (if any) 

Total no of securities after change

Direct (units)2,455,020 
Direct (%)1.19 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice11/02/2015


HHGROUP - Changes in Director's Interest (S135) - KEE SWEE LAI

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameHENG HUAT RESOURCES GROUP BERHAD (ACE Market) 
Stock Name HHGROUP  
Date Announced11 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-150129-534C2

Information Compiled By KLSE

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above

Particulars of Director

NameKEE SWEE LAI
AddressNO.1051 JALAN BESAR, PERMATANG TINGGI, 14000 BUKIT MERTAJAM, PULAU PINANG.
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)
Disposed
11/02/2015
9,735,000
0.450 

Circumstances by reason of which change has occurredMARRIED DEAL
Nature of interestDIRECT
Consideration (if any) 

Total no of securities after change

Direct (units)44,649,870 
Direct (%)21.7 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice11/02/2015


HHGROUP - Changes in Director's Interest (S135) - LIM GHIM CHAI

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameHENG HUAT RESOURCES GROUP BERHAD (ACE Market) 
Stock Name HHGROUP  
Date Announced11 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-150129-69F59

Information Compiled By KLSE

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above

Particulars of Director

NameLIM GHIM CHAI
Address1107 MK 20, KUBANG ULU, 14400 BUKIT MERTAJAM, PULAU PINANG.
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
11/02/2015
2,500,000
0.450 

Circumstances by reason of which change has occurredMARRIED DEAL
Nature of interestDIRECT
Consideration (if any) 

Total no of securities after change

Direct (units)2,500,000 
Direct (%)1.21 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice11/02/2015


HHGROUP - Changes in Director's Interest (S135) - KHOR TEIK BOON

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameHENG HUAT RESOURCES GROUP BERHAD (ACE Market) 
Stock Name HHGROUP  
Date Announced11 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-150129-5FEA0

Information Compiled By KLSE

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above

Particulars of Director

NameKHOR TEIK BOON
Address82, LORONG BUKIT PANCHOR 3, TAMAN BUKIT PANCHOR, 14300 NIBONG TEBAL, PULAU PINANG.
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
11/02/2015
2,719,000
0.450 

Circumstances by reason of which change has occurredMARRIED DEAL
Nature of interestDIRECT
Consideration (if any) 

Total no of securities after change

Direct (units)2,719,000 
Direct (%)1.32 
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice11/02/2015


HHGROUP - Changes in Director's Interest (S135) - H'NG CHOON SENG

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameHENG HUAT RESOURCES GROUP BERHAD (ACE Market) 
Stock Name HHGROUP  
Date Announced11 Feb 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCC-150129-C02F7

Information Compiled By KLSE

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above

Particulars of Director

NameH'NG CHOON SENG
AddressNO.2457 KAMPUNG JAWI, 14200 SUNGAI BAKAP, PULAU PINANG.
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)
Disposed
11/02/2015
4,125,000
0.450 

Circumstances by reason of which change has occurredMARRIED DEAL
Nature of interestDEEMED
Consideration (if any) 

Total no of securities after change

Direct (units)72,970,110 
Direct (%)35.46 
Indirect/deemed interest (units)12,375,000 
Indirect/deemed interest (%)6.01 
Date of notice11/02/2015


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

Announcement Type: General Announcement
Company NameHENG HUAT RESOURCES GROUP BERHAD (ACE Market) 
Stock Name HHGROUP  
Date Announced11 Feb 2015  
CategoryGeneral Announcement
Reference NoCC-150129-C0329

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
DescriptionHeng Huat Resources Group Berhad ("HENG HUAT") - Notification of dealings by Directors in the securities of Heng Huat during closed period.

Pursuant to Rule 14.08(d)of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Heng Huat wishes to announce that the following Directors of Heng Huat had transacted dealings in the securities of Heng Huat during closed period. The details are set out in the table below.

Name of Directors

Date of Acquisition/

Disposal

Acquisition/

Disposal

Price per share

Number of Shares Acquired/

(Disposed)

% of Issued Shares

H'ng Choon Seng

11.02.2015

RM0.45

(4,125,000)

2.00

Kee Swee Lai

11.02.2015

RM0.45

(9,735,000)

4.73

Lim Ghim Chai

11.02.2015

RM0.45

2,500,000

1.21

Khor Teik Boon

11.02.2015

RM0.45

2,719,000

1.32

Khor Mooi Kim

11.02.2015

RM0.45

2,900,500

1.41

Teh Chai Luang

11.02.2015

RM0.45

2,062,500

1.00

 

 

 


No comments:

Post a Comment