Y&G - Interim Dividend
| Company Name | Y&G CORPORATION BHD |
| Stock Name | Y&G |
| Date Announced | 17 Feb 2015 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-150217-33298 |
IRETEX - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 17 Feb 2015 |
| Category | General Announcement |
| Reference No | CC-150217-60954 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED ACQUISITION BY IRE-TEX (JOHOR) SDN BHD, A SUBSIDIARY OF IRE-TEX CORPORATION BERHAD, OF TWO (2) PIECES OF INDUSTRIAL FREEHOLD LANDS FROM MODERN UNIT SDN. BHD. FOR A TOTAL CONSIDERATION OF RM1,223,460 TOGETHER WITH ENTERING INTO TWO (2) BUILDING AGREEMENTS WITH BLESSPLUS SDN. BHD. TO BUILD 1 STOREY WITH 2 MEZZANINE FLOORS SEMI-DETACHED FACTORY TO BE ERECTED ON BOTH LANDS FOR A TOTAL CONSIDERATION OF RM4,346,400.00 ("PROPOSED ACQUISTION”) |
Further to the Company’s announcement on 10 February 2015 and the reply to Bursa Malaysia Securities Berhad’s query on 13 February 2015, Ire-Tex Corporation Berhad wishes to provide the following additional information relating to the Proposed Acquisition: 1. Details of the benchmarking exercise of market value undertaken for the land value and construction cost respectively. Prior to the Proposed Acquisition, ITJSB had carried out a benchmarking exercise on the price of similar industrial properties at locations near to the Proposed Acquisition. Based on the benchmarking exercise, the price of industrial land ranged from RM45 per square foot to RM60 per square foot and construction/building cost ranged from RM218 per square foot to RM366 per square foot. The price of Land 1 and Land 2 in the Proposed Acquisition was RM45 per square foot and construction cost was RM240 per square foot. The comparison of the projects in the benchmarking exercise is set out in the attached Table A. 2. Net book value of Land 1 and Land 2 based on the latest audited financial statements (of the vendor) and the encumbrances, if any. ITCB and ITJSB do not have access to the financial statements of the Vendor who is an external party and are unable to furnish the net book value of Land 1 and Land 2. Land 1 and Land 2 are charged to AmIslamic Bank Berhad. It is a condition in both SPA 1 and SPA 2 that the Vendor shall at his/its own cost and expense cause all encumbrances including caveats of whatsoever nature over the Land 1 and Land 2 (if any), except for the caveats lodged by and/or for the benefit of ITJSB or ITJSB’s Financier (if any), to be removed. If through no fault of ITJSB, the Land 1 and Land 2 are at any time during the continuance of the SPA 1 and SPA 2 encumbered or subject to any caveats whatsoever save and except for the existing chargee’s, ITJSB’s and/or ITJSB Financier’s caveats and such caveats hinder the progress on the part of ITJSB pertaining to the transaction herein, ITJSB shall without prejudice to ITJSB’s other rights and remedies be entitled to suspend the time for payment of the Balance Purchase Price and/or other monies as provided herein (if any) until the said encumbrances or caveats, as the case may be, is removed at the costs and expense of the Vendor. The Vendor shall further indemnify ITJSB against such penalties imposed by the Land Office/Registry for the late registration of the Memorandum of Transfer as a consequence of the said encumbrances or caveats, as the case may be. | |
IRETEX - MATERIAL LITIGATION
| Company Name | IRE-TEX CORPORATION BERHAD |
| Stock Name | IRETEX |
| Date Announced | 17 Feb 2015 |
| Category | General Announcement |
| Reference No | CC-150217-61685 |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | CLAIM MADE BY AIRDEX INTERNATIONAL INC. AGAINST SUZHOU STYROTEX PLASTIC CO.LTD, A WHOLLY OWNED SUBSIDIARY COMPANY OF IRE-TEX CORPORATION BERHAD |
Further to the Company’s announcement on 13 February 2015, Ire-Tex Corporation Berhad wishes to provide the following additional information relating to the material litigation: 1. The relationship between SSPC and Airdex (including nature of business relationship). There is no relationship between SSPC and Airdex, except that both companies were engaged in the same business of production and selling of a Lightweight Polyfoam Pallet. Thus, Airdex was a competitor to SSPC. 2. Whether SSPC is a major subsidiary of ITCB. SSPC is not a major subsidiary of ITCB. 3. Financial and operational impact on the Group arising from the suit. In the event the Company lose the civil suit, the financial impact to the Group are as follows:- i. compensation damages claimed by plaintiff up to RMB 3 million; ii. mold in respect of Airfreight Pallet to be destroyed. However, net book value of the said asset had been fully depreciated and thus does not have any financial impact; and iii. There is no impact on the operation because SSAP has stopped the production and selling of Lightweight Polyfoam pallet. | |
TEKSENG-WA - Changes in Director's Interest (S135) - Loh Kok Beng
| Company Name | TEK SENG HOLDINGS BERHAD |
| Stock Name | TEKSENG-WA |
| Date Announced | 17 Feb 2015 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-150216-4821B |
Information Compiled By KLSE
Particulars of Director
| Name | Loh Kok Beng |
| Address | 38 Presgrave Street, 10300 Penang |
| Descriptions(Class & nominal value) | Warrants |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 4,998,000 | 0.290 |
| Circumstances by reason of which change has occurred | Open Market disposals |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 0 |
| Direct (%) | |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 17/02/2015 |
TEKSENG-WA - Changes in Director's Interest (S135) - Loh Kok Cheng
| Company Name | TEK SENG HOLDINGS BERHAD |
| Stock Name | TEKSENG-WA |
| Date Announced | 17 Feb 2015 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-150216-483D3 |
Information Compiled By KLSE
Particulars of Director
| Name | Loh Kok Cheng |
| Address | 38 Presgrave Street, 10300 Penang |
| Descriptions(Class & nominal value) | Warrants |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 11,261,815 | 0.281 |
| Circumstances by reason of which change has occurred | Open Market Disposals |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 6,486,700 |
| Direct (%) | 5.41 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 17/02/2015 |
CSCENIC - CSCENIC - NOTICE OF BOOK CLOSURE
| Company Name | CLASSIC SCENIC BERHAD |
| Stock Name | CSCENIC |
| Date Announced | 17 Feb 2015 |
| Category | Listing Circular |
| Reference No | RN-150217-39222 |
LISTING'S CIRCULAR NO. L/Q : 72500 OF 2015
A second interim single-tier dividend of 8% in respect of the year ended 31 December 2014.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 23 April 2015 ]
2) The last date of lodgement : [ 27 April 2015 ]
3) Date Payable : [ 15 May 2015 ]
TGOFFS - Notice of Interest Sub. S-hldr (29A) - Tan Sri Datuk Tan Kean Soon
| Company Name | TANJUNG OFFSHORE BERHAD |
| Stock Name | TGOFFS |
| Date Announced | 17 Feb 2015 |
| Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
| Reference No | CA-150217-1026B |
Particulars of Substantial Securities Holder
| Name | Tan Sri Datuk Tan Kean Soon |
| Address | No. 1, Jalan Keranji 2 Off Jalan Ampang Hilir 55000 Kuala Lumpur |
| NRIC/Passport No/Company No. | 640823-02-5213 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | Tan Sri Datuk Tan Kean Soon No. 1, Jalan Keranji 2 Off Jalan Ampang Hilir 55000 Kuala Lumpur |
| Remarks : |
| The Notice was received on 17/02/2015. |
TIENWAH - OTHERS TIEN WAH PRESS HOLDINGS BERHAD (“TWPH” or the “Company”) - Retrenchment of Anzpac Services (Australia) Pty Limited Personnel arising from Re-organisation of Production Capacity within the Company and its subsidiaries.
| Company Name | TIEN WAH PRESS HOLDINGS BERHAD |
| Stock Name | TIENWAH |
| Date Announced | 17 Feb 2015 |
| Category | General Announcement |
| Reference No | CC-150211-64793 |
| Type | Announcement |
| Subject | OTHERS |
| Description | TIEN WAH PRESS HOLDINGS BERHAD (“TWPH” or the “Company”) - Retrenchment of Anzpac Services (Australia) Pty Limited Personnel arising from Re-organisation of Production Capacity within the Company and its subsidiaries. |
The Board of Directors of TWPH wishes to announce that Anzpac Services (Australia) Pty Limited (ABN 25000032164) will be executing the retrenchment of the remaining excess personnel by Q2 2015 (the "Proposed Retrenchment") as a result of the Company and its subsidiaries’ (the “Group”) re-organisation of production footprint within the Group. Such re-organisation of production footprint is part of normal routine operational function to improve the Group’s strategic positioning to service the customers and reduce operating cost over the longer term. This announcement is dated 17 February 2015. Full details of the Proposed Retrenchment are set out in the attached announcement. | |
RAPID-WA - Changes in Director's Interest (S135) - Dato' Dr Yu Kuan Chon
| Company Name | RAPID SYNERGY BERHAD |
| Stock Name | RAPID-WA |
| Date Announced | 17 Feb 2015 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-150217-D14B6 |
Information Compiled By KLSE
Particulars of Director
| Name | Dato' Dr Yu Kuan Chon |
| Address | 888 Taman Aman Muhibbah 32000 Sitiawan Perak Darul Ridzuan |
| Descriptions(Class & nominal value) | Warrant of RM1.00 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 29,250 | 5.000 |
| Circumstances by reason of which change has occurred | Off Market Purchase |
| Nature of interest | Direct Interest |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 10,381,800 |
| Direct (%) | 51.24 |
| Indirect/deemed interest (units) | 2,320,380 |
| Indirect/deemed interest (%) | 11.45 |
| Date of notice | 16/02/2015 |
| Remarks : |
| 1. This announcement also serves as an announcement pursuant to Paragraph 14.08(d) of the Main Market Listing Requirements. 2. The above off market purchase of 29,250 warrants represents 0.14% of the total balance of warrants of the Company. 3. The notice was received from Dato' Dr Yu Kuan Chon on 16 February 2015. |
PMETAL - Changes in Director's Interest (S135) - Koon Poh Weng
| Company Name | PRESS METAL BERHAD |
| Stock Name | PMETAL |
| Date Announced | 17 Feb 2015 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CC-150215-84381 |
Information Compiled By KLSE
Particulars of Director
| Name | Koon Poh Weng |
| Address | NO. 3, JALAN SRI PETALING 4 BANDAR BARU SRI PETALING 57000 KUALA LUMPUR |
| Descriptions(Class & nominal value) | Ordinary Shares of RM0.50 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Others | 23,400 | ||
Others | 3,600 |
| Description of other type of transaction | Conversion of 8-Year 6% Redeemable Convertible Secured Loan Stocks |
| Circumstances by reason of which change has occurred | Conversion of 8-Year 6% Redeemable Convertible Secured Loan Stocks |
| Nature of interest | Indirect |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 43,842,096 |
| Direct (%) | 3.39 |
| Indirect/deemed interest (units) | 19,434,200 |
| Indirect/deemed interest (%) | 1.5 |
| Date of notice | 17/02/2015 |
| Remarks : |
| A. The direct interest in 43,842,096 ordinary shares of RM0.50 each are held as follows: i) 11,242,016 ordinary shares of RM0.50 each in the name of Koon Poh Weng. ii) 32,600,080 ordinary shares of RM0.50 each in the name of Alliancegroup Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Weng. B. The indirect interest in 19,434,200 ordinary shares of RM0.50 each are held as follows: i) 19,418,600 ordinary shares of RM0.50 each by virtue of his spouse, Chan Poh Choo's holdings. ii) 15,600 ordinary shares of RM0.50 each by virtue of his daughter, Koon Sim Ee's holdings. C. The percentage of the shares of RM0.50 each converted is as follows: i) Chan Poh Choo - 23,400 (0.002%) ii) Koon Sim Ee - 3,600 (negligible) D. This announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. |
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