March 10, 2015

Company announcements: GRANFLO, DAYA, XINGHE, EDUSPEC, PRIVA

GRANFLO - Changes in Director's Interest (S135) - Yap Li Li

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGRAND-FLO BERHAD  
Stock Name GRANFLO  
Date Announced10 Mar 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCM-150310-3E15E

Information Compiled By KLSE

Particulars of Director

NameYap Li Li
Address9, Jalan PJU 1A/52
Damansara Idaman
47500 Petaling Jaya
Selangor
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
09/03/2015
322,000
0.270 

Circumstances by reason of which change has occurredAcquisition via off market
Nature of interestDirect
Consideration (if any) 

Total no of securities after change

Direct (units)1,322,000 
Direct (%)0.36 
Indirect/deemed interest (units)70,085,552 
Indirect/deemed interest (%)18.99 
Date of notice10/03/2015

Remarks :
Indirect interests are held through:-

1. 1,914,900 shares - Deemed interested by virtue of the shares held by her spouse, Tan Bak Hong; and

2. 68,170,652 shares - Deemed interested by virtue of the shares held by her and her spouse in Grand-Flo Corporation Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965.

This announcement also serves as a notification pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad on the dealings in listed securities outside close period.

The acquisition of 322,000 ordinary shares by Yap Li Li represents 0.087% of the issued and paid up share capital of the Company.


GRANFLO - Changes in Sub. S-hldr's Int. (29B) - Yap Li Li

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGRAND-FLO BERHAD  
Stock Name GRANFLO  
Date Announced10 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-150310-33623

Particulars of substantial Securities Holder

NameYap Li Li
Address9, Jalan PJU 1A/52
Damansara Idaman
47500 Petaling Jaya
Selangor
NRIC/Passport No/Company No.671217-10-5012
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holder1. Yap Li Li
9, Jalan PJU 1A/52
Damansara Idaman
47500 Petaling Jaya
Selangor

2. Tan Bak Hong
9, Jalan PJU 1A/52
Damansara Idaman
47500 Petaling Jaya
Selangor

3. Grand-Flo Corporation Sdn. Bhd.
Third Floor, No. 79 (Room A)
Jalan SS 21/60, Damansara Utama
47400 Petaling Jaya
Selangor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/03/2015
322,000
 

Circumstances by reason of which change has occurredAcquisition via off market
Nature of interestDirect
Direct (units)1,322,000 
Direct (%)0.36 
Indirect/deemed interest (units)70,085,552 
Indirect/deemed interest (%)18.99 
Total no of securities after change71,407,552
Date of notice10/03/2015

Remarks :
Indirect interests are held through:-

1. 1,914,900 shares - Deemed interested by virtue of the shares held by her spouse, Tan Bak Hong; and

2. 68,170,652 shares - Deemed interested by virtue of the shares held by her and her spouse in Grand-Flo Corporation Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965.


GRANFLO - Changes in Sub. S-hldr's Int. (29B) - Tan Bak Hong

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameGRAND-FLO BERHAD  
Stock Name GRANFLO  
Date Announced10 Mar 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCM-150310-3360B

Particulars of substantial Securities Holder

NameTan Bak Hong
Address9, Jalan PJU 1A/52
Damansara Idaman
47500 Petaling Jaya
Selangor
NRIC/Passport No/Company No.630526-07-5733
Nationality/Country of incorporationMalaysian
Descriptions (Class & nominal value)Ordinary shares of RM0.10 each
Name & address of registered holder1. Tan Bak Hong
9, Jalan PJU 1A/52
Damansara Idaman
47500 Petaling Jaya
Selangor

2. Yap Li Li
9, Jalan PJU 1A/52
Damansara Idaman
47500 Petaling Jaya
Selangor

3. Grand-Flo Corporation Sdn. Bhd.
Third Floor, No. 79 (Room A)
Jalan SS 21/60, Damansara Utama
47400 Petaling Jaya
Selangor

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Acquired09/03/2015
322,000
 

Circumstances by reason of which change has occurredAcquisition via off market
Nature of interestIndirect
Direct (units)1,914,000 
Direct (%)0.52 
Indirect/deemed interest (units)69,492,652 
Indirect/deemed interest (%)18.83 
Total no of securities after change71,406,652
Date of notice10/03/2015

Remarks :
Indirect interests are held through:-

1. 1,322,000 shares - Deemed interested by virtue of the shares held by his spouse, Yap Li Li; and

2. 68,170,652 shares - Deemed interested by virtue of the shares held by him and his spouse in Grand-Flo Corporation Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965.


GRANFLO - Changes in Director's Interest (S135) - Tan Bak Hong

Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Company NameGRAND-FLO BERHAD  
Stock Name GRANFLO  
Date Announced10 Mar 2015  
CategoryChanges in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference NoCM-150310-335EE

Information Compiled By KLSE

Particulars of Director

NameTan Bak Hong
Address9, Jalan PJU 1A/52
Damansara Idaman
47500 Petaling Jaya
Selangor
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
09/03/2015
322,000
0.270 

Circumstances by reason of which change has occurredAcquisition via off market
Nature of interestIndirect
Consideration (if any) 

Total no of securities after change

Direct (units)1,914,900 
Direct (%)0.52 
Indirect/deemed interest (units)69,492,652 
Indirect/deemed interest (%)18.83 
Date of notice10/03/2015

Remarks :
Indirect interests are held through:-

1. 1,322,000 shares - Deemed interested by virtue of the shares held by his spouse, Yap Li Li; and

2. 68,170,652 shares - Deemed interested by virtue of the shares held by him and his spouse in Grand-Flo Corporation Sdn. Bhd. pursuant to Section 6A of the Companies Act, 1965.

This announcement also serves as a notification pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad on the dealings in listed securities outside close period.

The acquisition of 322,000 ordinary shares by Yap Li Li represents 0.087% of the issued and paid up share capital of the Company.


DAYA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS (Amended Announcement)

Announcement Type: General Announcement
Company NameDAYA MATERIALS BERHAD  
Stock Name DAYA  
Date Announced10 Mar 2015  
CategoryGeneral Announcement
Reference NoCC-150310-40760

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionDAYA MATERIALS BERHAD ("DMB" OR "THE COMPANY")
PROPOSED DISPOSAL OF 2,400,000 ORDINARY SHARES OF RM1.00 EACH IN DAYA CMT SDN. BHD. (“DCMT”) TO PERFECT PROPEL SDN. BHD. (“PURCHASER”) FOR A TOTAL CASH CONSIDERATION OF RM18,000,000.00 (“PROPOSED DISPOSAL”)

Reference is made to DMB’s announcements made on 28 April 2014, 5 May 2014, 12 May 2014, 15 May 2014, 26 May 2014, 5 June 2014 and 17 July 2014(“Announcements”) in respect of the Proposed Disposal.

The Board of Directors of DMB wishes to announce that the Company had on 31 December 2014 received a letter from Purchaser agreeing to waive the Put Option under Clause 7.1 of the Sale Shares Agreement dated 28 April 2014.

 

The Company had also on 31 December 2014 received a letter from Purchaser requesting for a reduction in the Call Option Price from RM8.80 per Call Option Share to RM7.50 per Call Option Share.

 

The Board has duly accepted the waiver of the Put Option as well as the reduction in price for the purchase of the Call Option Shares having considered all aspects and was of the opinion that this arrangement is in the best interest of DMB.

 

[Note: Amendments as underlined]

 

 

 

 


XINGHE - Bonus Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameXINGHE HOLDINGS BERHAD (ACE Market) 
Stock Name XINGHE  
Date Announced10 Mar 2015  
CategoryEntitlements (Notice of Book Closure)
Reference NoOS-150306-49714

EX-date20/03/2015
Entitlement date24/03/2015
Entitlement time05:00:00 PM
Entitlement subjectBonus Issue
Entitlement descriptionBONUS ISSUE OF 1,174,250,000 WARRANTS IN XINGHE (“WARRANTS”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN XINGHE (“SHARES”) HELD BY ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 24 MARCH 2015 ("BONUS ISSUE OF WARRANTS").
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSecurities Services (Holdings) Sdn Bhd
Level 7, Menara Milenium
Jalan Damanlela
Pusat Bandar Damansara
Damansara Heights
50490 Kuala Lumpur.

Tel: +603 - 2084 9000
Fax: +603 - 2094 9940
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers24/03/2015 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)1174250000 
Entitlement indicatorRatio
Ratio 1 : 2
Rights Issues/Offer Price

Remarks :
Notices of allotment will be issued and despatched to the address as per the Record of Depositors within eight (8) market days from the entitlement date. Entitled shareholders are not required to take any action. The Warrants will be quoted within two (2) market days after the submission of the application for quotation of the Warrants to Bursa Malaysia Securities Berhad.


EDUSPEC - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameEDUSPEC HOLDINGS BERHAD (ACE Market) 
Stock Name EDUSPEC  
Date Announced10 Mar 2015  
CategoryGeneral Announcement
Reference NoOS-150310-8F9B9

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionEDUSPEC HOLDINGS BHD (“EDUSPEC” OR “THE COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 117,244,200 NEW ORDINARY SHARES OF RM0.10 EACH IN EDUSPEC (“PLACEMENT SHARE(S)”) TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED (“PROPOSED PRIVATE PLACEMENT”)

On behalf of the Board of Directors of Eduspec, M&A Securities Sdn Bhd (“M&A Securities”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 10 March 2015, approved the listing of and quotation for up to 117,244,200 new ordinary shares of RM0.10 each in Eduspec representing up to approximately 10% of the issued and paid-up share capital of Eduspec (excluding treasury shares, if any), assuming the full exercise of all existing Warrants and outstanding employees’ share option scheme, pursuant to the Proposed Private Placement subject to the following conditions:

1. Eduspec and M&A Securities must fully comply with the relevant provisions under the ACE Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Private Placement;

2. Eduspec and M&A Securities are to inform Bursa Securities upon the completion of the Proposed Private Placement;

3. Eduspec to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed, and

4. Eduspec to furnish Bursa Securities with a certified true copy of the resolution passed pursuant to Section 132D of the Companies Act 1965, in the event the current authority has expired

This announcement is dated 10 March 2015.



EDUSPEC - NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS):FUND RAISING

Announcement Type: General Announcement
Company NameEDUSPEC HOLDINGS BERHAD (ACE Market) 
Stock Name EDUSPEC  
Date Announced10 Mar 2015  
CategoryGeneral Announcement
Reference NoOS-150310-277E1

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionEDUSPEC HOLDINGS BHD (“EDUSPEC” OR “THE COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 117,244,200 NEW ORDINARY SHARES OF RM0.10 EACH IN EDUSPEC (“PLACEMENT SHARE(S)”) TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED (“PRIVATE PLACEMENT”)

Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 23 February 2015.

Reference is made to the earlier announcements dated 23 February 2015 and 10 March 2015 in relation to the Private Placement.

On behalf of the Board of Directors of Eduspec, M&A Securities is pleased to announce that the Company has fixed the issue price at RM0.32 per Placement Share.

The aforementioned issue price of RM0.32 per Placement Share represents a discount of approximately 5.47% to the 5D-VWAP of Eduspec Shares up to 9 March 2015 of RM0.3385 per Share being the date immediately prior to the price fixing date on 10 March 2015.

This announcement is dated 10 March 2015.



PRIVA - OTHERS EXPLANATION TO THE AMENDED ANNOUNCEMENT DATED 3 MARCH 2015 (REFERENCE NO.PT-150302-62197) - Quarterly rpt on consolidated results for the financial period ended 31/12/2014

Announcement Type: General Announcement
Company NamePRIVASIA TECHNOLOGY BERHAD (ACE Market) 
Stock Name PRIVA  
Date Announced10 Mar 2015  
CategoryGeneral Announcement
Reference NoCC-150310-62424

TypeAnnouncement
SubjectOTHERS
DescriptionEXPLANATION TO THE AMENDED ANNOUNCEMENT DATED 3 MARCH 2015 (REFERENCE NO.PT-150302-62197)
- Quarterly rpt on consolidated results for the financial period ended 31/12/2014

With reference to the Company’s fourth quarter and full year results ended 31 December 2014 (“4Q14” and “FY14” respectively) which was originally submitted via Bursa LINK on 27 February 2015. The 4Q14 results were subsequently amended and submitted on 3 March 2015 as there were final adjustments made to the Company’s accounts reflected in the FY14 figures, but not reflected in the 4Q14 numbers.

The adjustments made to the 4Q14 numbers were as follows:

1. Accrual of certain cost of sales;

2. Provisions on long outstanding debtors; and

3. Old inventory write-off.

The FY14 figures and comments on the accounts remain unchanged.

By order of the Board of Directors,

PRIVASIA TECHNOLOGY BERHAD

This announcement is dated 10 March 2015.



PRIVA - UNUSUAL MARKET ACTIVITY

Announcement Type: General Announcement
Company NamePRIVASIA TECHNOLOGY BERHAD (ACE Market) 
Stock Name PRIVA  
Date Announced10 Mar 2015  
CategoryGeneral Announcement
Reference NoCC-150310-60018

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDNM-150310-38744
SubjectUNUSUAL MARKET ACTIVITY
DescriptionPRIVASIA TECHNOLOGY BERHAD ("PRIVA" or "the Company")
-Unusual Market Activity
Query Letter Contents We draw your attention to the recent rise in price and volume of your Company’
s shares ("trading activity").

In light of the above and in order for investors to be able to make informed
investment decisions, you are requested to respond, after making due enquiry
with your directors, major shareholders and such other relevant persons, to
the following queries immediately for public release in accordance with Rule
9.11 of ACE Market Listing Requirements ("LR"):-

1. whether there is any corporate development relating to your Group’s business
and affairs that has not been previously announced that may account for the
trading activity including those in the stage of negotiation/discussion. If
yes, kindly provide the details including status of the corporate development
to enable investors to make informed investment decision;

2. whether there is any rumour or report concerning the business and affairs
of the Group that may account for the trading activity and in this respect, you
are required to comply with Rules 9.09 and 9.10 of the LR;

3. whether you are aware of any other possible explanation to account for the
trading activity; and

4. whether you are in compliance with the LR, in particular Rule 9.03 of the LR
on immediate disclosure obligations.






...2/-







Please note that the contents of the announcement must be endorsed by the Board
of Directors of the Company and the announcement must reach Bursa Securities
immediately via Bursa LINK.


Yours faithfully




TAN YEW ENG
Vice President, Issuers
Listing Division
Regulation

TYE/NMA

We refer to the query from Bursa Malaysia Securities Berhad ("Bursa Securities") via their letter dated 10 March 2015 (Ref. No. NM-150310-38744) in relation to the unusual market activity ("UMA") in the Company's shares.

In accordance with Rule 9.11 of ACE Market Listing Requirements ("LR"), the Board of Directors of the Company, after making due inquiries, wishes to advise that to their best of their knowledge, are not aware of any of the following events :-

1. Any corporate development in relation to the Group's business and affairs that has not been previously announced that may account for the unusual market activity;

2. Any rumour or report concerning the business and affairs of the Group that may account for the unusual market activity; and

3. Any other possible explanation to account for the trading activity.

The Company is however consistently undertaking project tendering activities and business development efforts in the ordinary course of business.

We also declare that the Company is in compliance with the LR, in particular Rule 9.03 of the LR on immediate disclosure obligations.

This announcement is dated 10 March 2015.



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