DIGISTA - OTHERS DIGISTAR CORPORATION BERHAD (“DIGISTAR” or “THE COMPANY”) Related Party Transactions – Gratuity Payable To A Former Executive Director
| Company Name | DIGISTAR CORPORATION BERHAD |
| Stock Name | DIGISTA |
| Date Announced | 31 Mar 2015 |
| Category | General Announcement |
| Reference No | CK-150331-B6008 |
| Type | Announcement |
| Subject | OTHERS |
| Description | DIGISTAR CORPORATION BERHAD (“DIGISTAR” or “THE COMPANY”) Related Party Transactions – Gratuity Payable To A Former Executive Director |
The Board of Directors of the Company wishes to announce that the Company agreed to pay the following gratuity to Mr Ong Fee Chong (a related party in accordance with Paragraph 10.02(c) of the Listing Requirements), a former Executive Director of Digistar who was a Director of Digistar since 18 August 2003 till 10 February 2015 for his past services and contribution to Digistar Group: (1) A Studio Suite located at Parcel No. 07-16, Level 7, Unit No. 16, The Heritage, Melaka measuring 274 square feet. The purchase price of the unit is RM164,400.00 and this amount will be paid by Digistar to Seni Pujaan Sdn Bhd, a wholly-owned subsidiary of Digistar. (2) A Studio Suite located at Parcel No. 07-10, Level 7, Unit No. 10, The Heritage, Melaka measuring 284 square feet. The purchase price of the unit is RM170,400.00 and this amount will be paid by Digistar to Seni Pujaan Sdn Bhd, a wholly-owned subsidiary of Digistar. (3) A Mercedes Benz bearing registration no. BFC 19. This Company’s car has always been used by Mr Ong Fee Ching and the net book value of the motor vehicle as at 31 March 2015 is RM11,126. The total gratuity payable is RM345,926 and the highest percentage ratio of the gratuity is 0.46%. During Mr Ong Fee Chong’s tenure as Director, he was always being loyal, dedicated and committed in enabling Digistar Group to be well-positioned in facing the ever-changing environment and challenges to ensure continuing success of Digistar Group. His past contribution also included the listing of Digistar to ACE Market and transfer of listing of the Company from ACE Market to Main Market. The gratuity payable will reduce the net earnings and net assets of Digistar Group by RM345,926 for the financial year ending 30 September 2015. Having considered all the aspects, the Audit Committee and the Board of Directors are of the view that the gratuity payable are fair and reasonable. This announcement is dated 31 March 2015. | |
XINGHE - OTHERS Exclusivity Agreement entered into between XingHe Holdings Berhad (Formerly Known As Key West Global Telecommunications Berhad)(“XHHB” or the “Company”) and Arab Supplier Fabrication And Retail Sdn Bhd (“Asfar”) (“Agreement”)
| Company Name | XINGHE HOLDINGS BERHAD (ACE Market) |
| Stock Name | XINGHE |
| Date Announced | 31 Mar 2015 |
| Category | General Announcement |
| Reference No | CC-150330-43798 |
| Regularisation Sponsor | AmInvestment Bank Bhd |
| Sponsor | Mercury Securities Sdn Bhd |
| Type | Announcement |
| Subject | OTHERS |
| Description | Exclusivity Agreement entered into between XingHe Holdings Berhad (Formerly Known As Key West Global Telecommunications Berhad)(“XHHB” or the “Company”) and Arab Supplier Fabrication And Retail Sdn Bhd (“Asfar”) (“Agreement”) |
1.0 INTRODUCTION The Board of Directors of XHHB wishes to announce that the Company had on 31 March 2015 entered into an Exclusivity Agreement with Asfar of PT 50760, Jalan Wawasan 4/KU7, Kawasan Perindustrian Sungai Kapar, 42290 Kapar Klang, Selangor, Malaysia to amongst others, appoint XHHB to supply the finished products produced by XHHB and its subsidiaries (“XHHB Group”), including but not limited to edible peanut, soy, sunflower, canola and any other oils (“Products”). Asfar is the Malaysian related corporation of Ziyut Limited, a company incorporated under the laws of the Hashemite Kingdom of Jordan where Ziyut Limited which has obtained the right to supply all edible oils (save for palm oil derived edible oils) utilised in the Hashemite Kingdom of Jordan (with tax exemption). Further, Asfar and its related group of companies have established markets in other countries in the Middle East region and Africa. More information on Asfar is available on its website at www.asfarholding.com. Subject to due diligence being carried out by the XHHB and Asfar (collectively referred to as “Parties” and individually referred to as “Party”) and a joint venture agreement being entered into, the Parties wish to enter into a joint venture arrangement in the near future to produce more Products for markets that Asfar and its related group of companies have access to. 2.0 SALIENT TERMS OF THE AGREEMENT 2.1 OBJECTIVES The Parties agree to enter into the Agreement to achieve the following objectives:- (i) to procure the Products to be supplied in the Hashemite Kingdom of Jordan in so far as Asfar’s concession requires; and (ii) to work towards a joint venture arrangement within six (6) months from the date of the Agreement to produce more of the Products for Asfar’s supply to the Hashemite Kingdom of Jordan, the Middle East and Africa; and (iii) the joint venture shall see the Parties forming a joint venture company whereby each Party holds 50% interest and XHHB investing approximately RM10.0 million to construct a plant in Malaysia to produce the Products and Asfar investing approximately RM10.0 million (in know-how and human capital) to fund the operational expenses of the joint venture company and to ensure purchase and offtake contracts from the Hashemite Kingdom of Jordan, Middle Eastern and African countries procures and purchase the Products from the joint venture company. In order to achieve the successful completion of the objectives, the Parties agree that they shall combine their know-how, network and resources in the Project. 2.2 TERM The Agreement shall be effective
from the date of the Agreement (“Effective
Date”) and shall be valid and binding until the joint venture agreement is
successfully entered into within six (6) months from the Effective Date
provided always that upon conducting the due diligence within the stipulated
period, and subject to the due diligence exercise and authority’s approval of
XHHB’s fund raising of approximately RM33.0 million via private placement and
no breach of representations and warranties by Asfar, XHHB shall not be
entitled to terminate the Agreement and shall be under an obligation to
complete the forming of the joint venture company.
Without affecting the foregoing
and for the avoidance of doubt, the joint venture arrangement will require time
to produce the Products jointly and in the event it is required, the Agreement
shall govern the arrangement for the immediate supply of the Products.
The details on the private placement will be announced in due course. 3.0 DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST
None of the Directors and/or the
substantial shareholders of the Company or any persons connected to them have
any interest, direct or indirect in the Agreement. This announcement is dated 31 March 2015. | |
XINGHE - XINGHE-RESUMPTION OF TRADING
| Company Name | XINGHE HOLDINGS BERHAD (ACE Market) |
| Stock Name | XINGHE |
| Date Announced | 31 Mar 2015 |
| Category | Listing Circular |
| Reference No | NM-150331-59160 |
LISTING'S CIRCULAR NO. L/Q : 72824 OF 2015
Further to Listing's Circular No. L/Q : 72821 of 2015, kindly be advised that trading in the above Company's securities will resume with effect from 9.00 a.m., Wednesday, 1 April 2015.
Your attention is drawn to the Company's announcement dated 31 March 2015.
CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE ASEAN 40 MALAYSIA |
| Stock Name | CIMBA40 |
| Date Announced | 31 Mar 2015 |
| Category | General Announcement |
| Reference No | OB-150331-9E4B1 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE ASEAN 40 Malaysia Date: 31-Mar-2015 NAV per unit (RM): 1.8748 Units in circulation (units): 1,350,000.00 Management Fee (% p.a.): 0.00 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.00 FTSE/ASEAN 40 Index: 10,650.41 |
CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
| Company Name | CIMB FTSE CHINA 50 |
| Stock Name | CIMBC50 |
| Date Announced | 31 Mar 2015 |
| Category | General Announcement |
| Reference No | OB-150331-9E4A3 |
| Type | Announcement |
| Subject | NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE |
| Description | Fund: CIMB FTSE China 50 Date: 31-Mar-2015 NAV per unit (RM): 1.3504 Units in circulation (units): 11,700,000.00 Management Fee (% p.a.): 0.60 Trustee Fee (% p.a.): 0.08 Index Licence Fee (% p.a.): 0.04 FTSE/Xinhua China 25 Index: 19,541.55 |
MRCB - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):COMBINATION OF TRANSACTIONS
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 31 Mar 2015 |
| Category | General Announcement |
| Reference No | MM-150331-63353 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) COMBINATION OF TRANSACTIONS |
| Description | MALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB” OR THE “COMPANY”) (I) PROPOSED DISPOSAL; AND (II) PROPOSED SHARES ACQUISITIONS (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in the announcement dated 10 April 2014.) We refer to the announcements dated 29 January 2014, 4 April 2014, 10 April 2014, 15 April 2014, 9 June 2014, 11 July 2014, 9 September 2014, 8 October 2014, 8 January 2015, 12 February 2015, 26 February 2015, 12 March 2015, 13 March 2015, 24 March 2015, 27 March 2015 and 30 March 2015 in respect of the Proposals. On behalf of the Board, CIMB and RHB wish to announce that the Proposed Shares Acquisitions have been completed today following the settlement of the Purchase Consideration. This announcement is dated 31 March 2015. | |
HUMEIND - Changes in Sub. S-hldr's Int. (29B) - YBhg Tan Sri Quek Leng Chan
| Company Name | HUME INDUSTRIES BERHAD |
| Stock Name | HUMEIND |
| Date Announced | 31 Mar 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | NI-150331-61916 |
Particulars of substantial Securities Holder
| Name | YBhg Tan Sri Quek Leng Chan |
| Address | Level 11, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur |
| NRIC/Passport No/Company No. | 430812-71-5133 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | HLIB Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 25/03/2015 | 200,000 |
| Remarks : |
| This announcement is dated 31 March 2015. |
HUMEIND - Changes in Sub. S-hldr's Int. (29B) - Hong Leong Company (Malaysia) Berhad
| Company Name | HUME INDUSTRIES BERHAD |
| Stock Name | HUMEIND |
| Date Announced | 31 Mar 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | NI-150331-60779 |
Particulars of substantial Securities Holder
| Name | Hong Leong Company (Malaysia) Berhad |
| Address | Level 10, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur |
| NRIC/Passport No/Company No. | 7802-V |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | HLIB Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 25/03/2015 | 200,000 |
| Remarks : |
| This announcement is dated 31 March 2015 |
HUMEIND - Changes in Sub. S-hldr's Int. (29B) - HL Holdings Sdn Bhd
| Company Name | HUME INDUSTRIES BERHAD |
| Stock Name | HUMEIND |
| Date Announced | 31 Mar 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | NI-150331-1706F |
Particulars of substantial Securities Holder
| Name | HL Holdings Sdn Bhd |
| Address | Level 10, Wisma Hong Leong, 18 Jalan Perak, 50450 Kuala Lumpur |
| NRIC/Passport No/Company No. | 18168-D |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM1.00 each |
| Name & address of registered holder | HLIB Nominees (Tempatan) Sdn Bhd |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 25/03/2015 | 200,000 |
| Remarks : |
| This announcement is dated 31 March 2015 |
KINSTEL - Changes in Director's Interest (S135) - Dato' Pheng Chin Guan
| Company Name | KINSTEEL BHD |
| Stock Name | KINSTEL |
| Date Announced | 31 Mar 2015 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CK-150331-37445 |
Information Compiled By KLSE
Particulars of Director
| Name | Dato' Pheng Chin Guan |
| Address | A-5188, Lorong Kubang Buaya 80 25250 Kuantan, Pahang Darul Makmur |
| Descriptions(Class & nominal value) | Ordinary shares of RM0.20 each |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 2,000,000 | 0.160 |
| Circumstances by reason of which change has occurred | Acquisition of shares |
| Nature of interest | Direct |
| Consideration (if any) |
Total no of securities after change | |
| Direct (units) | 18,032,500 |
| Direct (%) | 1.73 |
| Indirect/deemed interest (units) | 220,000 |
| Indirect/deemed interest (%) | 0.02 |
| Date of notice | 31/03/2015 |
| Remarks : |
| Deemed interested by virtue of his spouse, Goh Yoke Lan @ Goh Mei Leng's shareholdings in the Company. The direct interest of 18,032,500 shares comprises the following: (i) 2,500 shares held by Maybank Nominees (Tempatan) Sdn Bhd (pledged securities account for Dato' Pheng Chin Guan); (ii) 6,760,000 shares held by Citigroup Nominees (Tempatan) Sdn Bhd (pledged securities account for Dato' Pheng Chin Guan); (iii) 3,780,000 shares held by ECML Nominees (Tempatan) Sdn Bhd (pledged securities account for Dato' Pheng Chin Guan); (iv) 4,590,000 shares held by Alliancegroup Nominees (Tempatan) Sdn Bhd (pledged securities account for Dato' Pheng Chin Guan); and (v) 2,900,000 shares held by Kenanga Nominees (Tempatan) Sdn Bhd (pledged securities account for Dato' Pheng Chin Guan) |
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