ASDION - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
| Company Name | ASDION BERHAD (ACE Market) |
| Stock Name | ASDION |
| Date Announced | 30 Mar 2015 |
| Category | General Announcement |
| Reference No | C&-150330-4E407 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | ASDION BERHAD (“ASDION” OR “THE COMPANY”) PROPOSED DISPOSAL OF ASDION MEDIA SDN BHD |
1. INTRODUCTION The Board of Directors of ASDION ("Board") wishes to announce that the Company had on 30 March 2015 entered into a Share Sale Agreement ("SSA") with VISTA ASIA STRATEGY PTE LTD (“VISTA”), a company incorporated in the Republic of Singapore, to dispose off its investment of 1,400,000 ordinary shares of RM1.00 each ("Sale Shares") representing 100% equity interest in Asdion Media Sdn Bhd (“AMS”), a company incorporated in Malaysia, for a total cash consideration of RM14,000. 2. DETAILS OF PROPOSED DISPOSAL 2.1 Salient terms of the Share Sale Agreement The sale shares shall be sold free from any lien, claim, equity, charge, encumbrance or third party right of whatsoever nature and all rights now or hereafter becoming attached thereto. VISTA shall deposit and pay the purchase consideration of RM14,000.00 in full into the bank account of ASDION upon completion of the SSA. 2.2 Basis of arriving at sale consideration The sale consideration of RM14,000 was arrived at on a willing buyer willing seller basis after taking into consideration the following:. (i)the audited loss after tax of AMS of RM280,622 for the financial year ended 31 March 2014; (ii)the audited shareholders’ deficit of AMS of RM253,846 for the financial year ended 31 March 2014; and (iii)the earnings prospect of AMS. 2.3 Information on AMS AMS is a company incorporated in Malaysia and was a wholly-owned subsidiary of ASDION. The company is principally engaged in investment holding. The authorised share capital of AMS is RM5,000,000 divided into 5,000,000 ordinary shares of RM 1.00 each and its issued and paid-up share capital is RM1,400,000 divided into 1,400,000 ordinary shares of RM 1.00 each fully-paid. 2.4 Information on VISTA VISTA is a company incorporated in the Republic of Singapore with limited liability, of which 2 (two) ordinary shares of SGD1.00 each have been issued and fully paid up The principal activity of the VISTA is investment holding. 2.5 Mode of settlement The sale consideration will be settled fully in cash. 2.6 Cost of investment The cost of investment of the Sale Shares in AMS is RM1,400,000 3. RATIONALE FOR PROPOSED DISPOSAL The disposal is in line with the rationalization exercise of ASDION's loss making companies and to enable ASDION to focus on other business offerings. 4. UTILISATION OF PROCEEDS The proceeds from the Proposed Disposal will be utilised as additional working capital for Asdion Berhad. 5. EFFECTS OF PROPOSED DISPOSAL 5.1 Share capital The Proposed Disposal will not have any effect on the issued and paid-up share capital of ASDION. 5.2 Net Asset The Proposed Disposal will not have any material effect on the net assets of the ASDION for the financial year ended 31 March 2015. 5.3 Earnings The Proposed Disposal is not expected to have any material effect on the earnings of ASDION for the financial year ending 31 March 2015. 5.4 Gearing The Proposed Disposal will not have any effect on the gearing of ASDION. 5.5 Substantial shareholders' shareholding The Proposed Disposal is not expected to have any effect on the Substantial shareholders' shareholdings of ASDION. 6. LIABILITIES TO BE ASSUMED BY THE PURCHASER ARISING FROM DISPOSAL VISTA purchases the Sale Shares free from all claims or encumbrances and together with all rights attaching thereto, including without limitation to all bonuses, rights, liabilities, dividends and other distributions declared, paid or made in respect of the Sale Shares on or after Completion. 7. APPROVALS REQUIRED The highest percentage ratio applicable to the Proposed Disposal pursuant to Rule 10.02(g) of the AMLR is 5.3%, calculated based on the cost of investment over the audited consolidated net assets of Asdion and its subsidiaries for the financial year ended 31 March 2014. The proposed disposal is not subject to the approval of the shareholders of ASDION or any relevant authorities. 8. DIRECTORS' AND SUBSTANTIAL SHAREHOLDER'S INTERESTS None of the Directors or substantial shareholders of the Company or persons connected to them have any interest, direct or indirect in the Proposed Disposal. 9. DIRECTORS' RECOMMENDATION The Board, after taking into consideration all aspects of the Proposed Disposal, is of the opinion that the Proposed Disposal is in the best interest of the Company. 10.EXPECTED COMPLETION DATE Barring unforeseen circumstances, the Proposed Disposal is expected to be completed within one month. 11.DEPARTURE FROM SECURITIES COMMISSION'S POLICIES AND GUIDELINES ON ISSUE/OFFER OF SECURITIES ("SC GUIDELINES") To the best knowledge of the Board, the Proposed Disposal does not depart from the SC Guidelines. 12.DOCUMENT AVAILABLE FOR INSPECTION The SSA will be made available at the Company's registered office at Plaze 138, Suite 18.03, 18th Floor, 138, Jalan Ampang, 50450 Kuala Lumpur during normal business hours for a period of three (3) months from the date of this announcement. This announcement is dated 30th March 2015
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MYETFDJ - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 |
| Stock Name | MYETFDJ |
| Date Announced | 30 Mar 2015 |
| Category | General Announcement |
| Reference No | OB-150330-32E51 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF DOW JONES ISLAMIC MARKET MALAYSIA TITANS 25 – Valuation Point as at 30-Mar-15 Fund: MYETFDJ NAV per unit (RM): 1.1621 Units in circulation (units): 251,900,000.00 Manager's Fee (p.a.): 0.40 Trustee's Fee (% p.a.): 0.05 Index License Fee (% p.a.): 0.04 DJIM25 Index : 1,040.51 |
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MYETFID - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | MYETF MSCI MALAYSIA ISLAMIC DIVIDEND |
| Stock Name | MYETFID |
| Date Announced | 30 Mar 2015 |
| Category | General Announcement |
| Reference No | OB-150330-32E3B |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | MYETF MSCI MALAYSIA ISLAMIC DIVIDEND – Valuation Point as at 30-Mar-15 Fund: MYETFID NAV per unit (RM): 1.0242 Units in circulation (units): 21,600,000.00 Manager's Fee (p.a.): 0.40 Trustee's Fee (% p.a.): 0.045 Index License Fee (% p.a.): 0.06 MSCI Malaysia IMI Islamic HDY 10/40 Index: 2,385.44 |
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GWPLAST - PRACTICE NOTE 17 / GUIDANCE NOTE 3:REGULARISATION PLAN
| Company Name | GW PLASTICS HOLDINGS BERHAD |
| Stock Name | GWPLAST |
| Date Announced | 30 Mar 2015 |
| Category | General Announcement |
| Reference No | MI-150330-69892 |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN |
| Description | GW PLASTICS HOLDINGS BERHAD (“GW PLASTICS” OR THE “COMPANY”) (I) PROPOSED CONSOLIDATION; (II) PROPOSED ACQUISITION; (III) PROPOSED EXEMPTION; (IV) PROPOSED RENUNCIATION OF SHARES; (V) PROPOSED PRIVATE PLACEMENT; (VI) PROPOSED VENDORS’ RESTRICTED OFFER FOR SALE; (VII) PROPOSED BUMIPUTERA ISSUE; (VIII) PROPOSED ADDITIONAL RENUNCIATION OF SHARES; (IX) PROPOSED VENDORS’ RESTRICTED OFFER FOR SALE TO SHAREHOLDERS; (X) PROPOSED IASC; (XI) PROPOSED AMENDMENT; AND (XII) PROPOSED CHANGE OF NAME, (COLLECTIVELY, THE “PROPOSED REGULARISATION PLAN”). |
Unless otherwise defined, the abbreviations and definitions used in the announcements of the Company dated 9 January 2014, 18 February 2014, 24 July 2014, 10 November 2014, 4 December 2014, 8 December 2014, 19 December 2014, 23 December 2014, 29 December 2014, 15 January 2015, 21 January 2015, 26 January 2015, 15 February 2015, 17 February 2015, 25 February 2015 and 11 March 2015 in relation to the Proposed Regularisation Plan of the Company shall apply herein (collectively, the “Previous Announcements”). We refer to the Previous Announcements in relation to the Proposed Regularisation Plan. RHB Investment Bank, on behalf of the Board, is pleased to announce that following the completion of the book-building process, the Board and the Vendors have fixed the Placement Price and the offer price for the Investor Offer Shares at RM1.28 per New Share (“Price-Fixing”). Accordingly, the issue price for the Bumiputera Shares and the final offer price for the Shareholders Offer Shares have also been fixed at RM1.28 per New Share (“Final Offer Price”). A total of 300,000,000 New Shares under the Proposed Private Placement and Proposed Bumiputera Issue have been fully allocated to the Identified Investors and Bumiputera Investors. Hence, based on the Placement Price and the issue price for the Bumiputera Shares of RM1.28 per New Share, a total of RM384.0 million gross proceeds were raised by the Company from the Proposed Private Placement and Proposed Bumiputera Issue. The proposed utilisation of the RM384.0 million gross proceeds will be announced later after the approval from the Board has been obtained. As at the close of acceptances and payments for the non-renounceable Shareholder Offer Shares under the Proposed Vendors’ Restricted Offer for Sale to Shareholders at 5.00 p.m. on 26 March 2015, valid acceptances amount to a total of 2,453,055 Shareholders Offer Shares. This represents an under subscription of approximately 66.28% over the total number of 7,275,500 Shareholder Offer Shares available for subscription. Accordingly, the unsubscribed 4,822,445 Shareholder Offer Shares will remain with the Vendors. In addition, the difference between the Final Offer Price and offer price of RM1.30 per Shareholder Offer Shares will be refunded in the manner as stated in the Prospectus. All the 150,000,000 Investors Offer Shares under the Proposed Vendors’ Restricted Offer for Sale have been fully allocated to the Identified Investors and 2,453,055 Shareholders Offer Shares under the Proposed Vendors’ Restricted Offer for Sale to Shareholders have been subscribed for by the shareholders of GW Plastics. Hence, based on the offer price for the Investor Offer Shares and Final Offer Price of RM1.28 per New Share, a total of RM195.1 million gross proceeds were raised by the Vendors (of which the entire sum will accrue to the Vendors) from the Proposed Vendors’ Restricted Offer for Sale and Proposed Vendors’ Restricted Offer for Sale to Shareholders. In addition, following the Price-Fixing, the Company, the Vendors and RHB Investment Bank (being the Sole Principal Adviser and the Sole Placement Agent for the Proposed Regularisation Plan) have entered into a placement agreement on 30 March 2015. This announcement is dated 30 March 2015. | |
CYPARK - Annual Report 2014
| Company Name | CYPARK RESOURCES BERHAD |
| Stock Name | CYPARK |
| Date Announced | 30 Mar 2015 |
| Category | Document Receipt |
| Reference No | JM-150330-68352 |
| Annual Report for Financial Year Ended | 31/10/2014 |
| Subject | Annual Report 2014 |
TENAGA - TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS)
| Company Name | TENAGA NASIONAL BHD |
| Stock Name | TENAGA |
| Date Announced | 30 Mar 2015 |
| Category | General Announcement |
| Reference No | MM-150330-63437 |
| Type | Announcement | ||||||||||||||||||
| Subject | TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) | ||||||||||||||||||
| Description | TENAGA NASIONAL BERHAD (“TNB” OR “OFFEROR”) REVISED OFFER IN RELATION TO THE CONDITIONAL TAKE-OVER OFFER BY TNB TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN INTEGRAX BERHAD (“INTEGRAX” OR “OFFEREE”) WHICH ARE NOT ALREADY HELD BY TNB (“OFFER SHARES”) AT A REVISED CASH OFFER PRICE OF RM3.25 PER OFFER SHARE (“REVISED OFFER”) | ||||||||||||||||||
We refer to the announcements dated 9 January 2015, 30 January 2015 and 25 February 2015. On behalf of TNB, CIMB Investment Bank Berhad wishes to announce that, the Offeror has received valid acceptances in respect of the Revised Offer resulting in the Offeror holding in aggregate, together with such Integrax Shares that are already held or entitled to be acquired or held by the Offeror, more than 50% of the voting shares of the Offeree as at 5.00 p.m. (Malaysian time) on Monday, 30 March 2015, as set out below:
Note: (1) Based on issued and paid-up share capital of Integrax of 300,805,917 Integrax Shares as at 30 March 2015. As such, the acceptance condition of the Revised Offer has been fulfilled and the Revised Offer has become unconditional on 30 March 2015 (“Unconditional Date”). The Revised Offer shall remain open for acceptances up to 5.00 p.m. (Malaysian time) on Monday, 13 April 2015. No further extension of the closing date for the Revised Offer will be made. Enclosed is the press notice released by CIMB Investment Bank Berhad on behalf of TNB, in relation to the above.
This announcement is dated 30 March 2015.
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AXIATA - Additional Listing Announcement
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 30 Mar 2015 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | AG-150327-64002 |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Others |
| Details of corporate proposal | Restricted Share Plan |
| No. of shares issued under this corporate proposal | 74,950 |
| Issue price per share ($$) | MYR 4.770 |
| Par Value ($$) | MYR 1.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 8,592,284,701 |
| Currency | MYR 8,592,284,701.000 |
| Listing Date | 01/04/2015 |
YOKO - Changes in Sub. S-hldr's Int. (29B) - Fordington Pte Ltd
| Company Name | YOKOHAMA INDUSTRIES BERHAD |
| Stock Name | YOKO |
| Date Announced | 30 Mar 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-150330-388A7 |
Particulars of substantial Securities Holder
| Name | Fordington Pte Ltd |
| Address | 80 Raffles Place #16-20 UOB Plaza Singapore |
| NRIC/Passport No/Company No. | 201438008K |
| Nationality/Country of incorporation | Singapore |
| Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
| Name & address of registered holder | Fordington Pte Ltd 80 Raffles Place #16-20 UOB Plaza Singapore |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 23/03/2015 | 8,016,260 | |
| Acquired | 26/03/2015 | 129,770 | |
| Acquired | 27/03/2015 | 246,300 |
| Remarks : |
| The shares were acquired between 23 March 2015 to 27 March 2015. The Secretary of the Company received the Form 29B dated 30 March 2015 today. |
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