April 28, 2015

Company announcements: NETX, GRANFLO, ASDION, NEXGRAM, CONNECT, SRIDGE, MYEG

NETX - MULTIPLE PROPOSALS NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") (I) PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS; (II) PROPOSED SHARE ISSUANCE SCHEME; AND (III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Announcement Type: General Announcement for PLC
Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 28 Apr 2015
Category General Announcement for PLC
Reference Number GA1-28042015-00110

Type Announcement
Subject MULTIPLE PROPOSALS
Description
NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY")

(I)	PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS;
(II)	PROPOSED SHARE ISSUANCE SCHEME; AND
(III)	PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

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

(i)        proposed renounceable rights issue of up to 625,553,033 new ordinary shares of RM0.10 each in NetX (“NetX Shares” or “Shares”) (“Rights Shares”) on the basis of one (1) Rights Share for every one (1) existing NetX Share held, together with up to 625,553,033 free detachable warrants (“Warrants”) on the basis of one (1) Warrant for every one (1) Rights Share subscribed at an entitlement date to be determined later (“Entitlement Date”) (“Proposed Rights Issue of Shares with Warrants”);

(ii)       proposed establishment of a share issuance scheme (“SIS”) of up to thirty percent (30%) of the Company’s total issued and paid-up share capital (excluding treasury shares, if any) at any one time during the duration of the SIS for the eligible employees of NetX and its subsidiaries (“NetX Group” or “Group”) (excluding dormant subsdiaries) (“Proposed SIS”); and

(iii)      proposed increase in the authorised share capital of NetX from RM70,000,000 comprising 700,000,000 NetX Shares to RM500,000,000 comprising 5,000,000,000 NetX Shares (“Proposed Increase in Authorised Share Capital”).

(collectively referred to as the “Proposals”)

Further details on the Proposals are set out in the attachment.

This announcement is dated 28 April 2015.




Please refer attachment below.

Attachments

NETX - Proposals.pdf
772.2 kB



GRANFLO - Notice of Shares Buy Back Immediate Announcement

Announcement Type: Notice of Shares Buy Back Immediate Announcement
Company Name GRAND-FLO BERHAD
Stock Name GRANFLO
Date Announced 28 Apr 2015
Category Notice of Shares Buy Back Immediate Announcement
Reference Number SB1-28042015-00007

Date of buy back 28 Apr 2015
Description of shares purchased Ordinary Shares of RM0.10 each
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 15,000
Minimum price paid for each share purchased ($$) 0.275
Maximum price paid for each share purchased ($$) 0.280
Total consideration paid ($$) 4,150.05
Number of shares purchased retained in treasury (units) 15,000
Number of shares purchased which are proposed to be cancelled (units)
Cumulative net outstanding treasury shares as at to-date (units) 3,015,100
Adjusted issued capital after cancellation
(no. of shares) (units)
Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%) 0.62409




ASDION - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS ASDION BERHAD ("ASDION" OR THE "COMPANY") PROPOSED RATIFICATION OF THE JOINT VENTURE ARRANGEMENT WITH TOP VALLEY PROPERTIES SDN BHD ("TOP VALLEY")

Announcement Type: General Announcement for PLC
Company Name ASDION BERHAD
Stock Name ASDION
Date Announced 28 Apr 2015
Category General Announcement for PLC
Reference Number GA1-28042015-00067

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
ASDION BERHAD ("ASDION" OR THE "COMPANY")

PROPOSED RATIFICATION OF THE JOINT VENTURE ARRANGEMENT WITH TOP VALLEY PROPERTIES SDN BHD ("TOP VALLEY")

Reference is made to the the Company’s announcements dated 12 February 2015, 16 February 2015 and 23 February 2015  in relation to the JV Arrangement (as defined hererinunder).

On behalf of the Board of Directors of the Company, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the proposed ratification of joint venture arrangement with Top Valley ("JV Arrangement") ("Proposed Ratification").

Please refer to the attached document for further details on the Proposed Ratification.

This announcement is dated 28 April 2015.




Please refer attachment below.



ASDION - OTHERS ASDION BERHAD ("ASDION" OR THE "COMPANY") PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS RAISED FROM THE PRIVATE PLACEMENT EXERCISE WHICH WAS COMPLETED ON 31 MARCH 2014

Announcement Type: General Announcement for PLC
Company Name ASDION BERHAD
Stock Name ASDION
Date Announced 28 Apr 2015
Category General Announcement for PLC
Reference Number GA1-28042015-00062

Type Announcement
Subject OTHERS
Description
ASDION BERHAD ("ASDION" OR THE "COMPANY")

PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS RAISED FROM THE PRIVATE PLACEMENT EXERCISE WHICH WAS COMPLETED ON 31 MARCH 2014

On behalf of the Board of Directors of the Asdion Berhad, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the proposed variation to the utilisation of proceeds raised from the private placement exercise which was completed on 31 March 2014.

Please refer to the attached document for further details on the proposal.

This announcement is dated 28 April 2015.




Please refer attachment below.



NEXGRAM - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR THE "COMPANY") PROPOSED RATIFICATIONS

Announcement Type: General Announcement for PLC
Company Name NEXGRAM HOLDINGS BERHAD
Stock Name NEXGRAM
Date Announced 28 Apr 2015
Category General Announcement for PLC
Reference Number GA1-27042015-00110

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR THE "COMPANY")

PROPOSED RATIFICATIONS

Reference is made to the Company’s announcements dated 22 December 2014, 5 February 2015 and 23 February 2015 in relation to the Selangor Agreement (as defined hererinunder) and Nexgram JV Agreement (as defined hereinunder).

On behalf of the Board of Directors of the Company, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the proposed ratification of related party transactions in relation to the:-

  • off take agreement cum sale and purchase agreement entered into by MyAngksa Bina Sdn Bhd with Nexgram Land Sdn Bhd (a wholly-owned subsidiary of Nexgram) ("Nexgram Land") and Top Valley Properties Sdn Bhd ("Top Valley") ("Selangor Agreement"); and
  • joint venture agreement entered into between Nexgram Land and Top Valley ("Nexgram JV Agreement").

(collectively referred to as the "Proposed Ratifications")

Please refer to the attached document for further details on the Proposed Ratifications.

This announcement is dated 28 April 2015.




Please refer attachment below.



CONNECT - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD

Announcement Type: General Announcement for PLC
Company Name CONNECTCOUNTY HOLDINGS BERHAD
Stock Name CONNECT
Date Announced 28 Apr 2015
Category General Announcement for PLC
Reference Number GA1-28042015-00026

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
Description
CONNECTCOUNTY HOLDINGS BERHAD ("CONNECT" OR ""THE COMPANY")
- NOTICE OF INTENTION BY A DIRECTOR TO DEAL IN COMPANY'S SHARES DURING CLOSED PERIOD

Pursuant to Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Malaysia"), we wished to announce that the Company has received a notification from Mr. Hong Cheong Liang, a Director of CONNECT, who is currently not holding any shares in the capital of the Company, of his intention to deal whether directly or indirectly, in the shares of CONNECT during the closed period prior to the targeted dated dated to Bursa Malaysia of the quarterly results for the financial quarter ended 31 March 2015.

This announcement is dated 28 April 2015.






SRIDGE - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SILVER RIDGE HOLDINGS BHD ("SRHB" OR "THE COMPANY") - Acquisition of Silver Ridge Agricultural Informatics Sdn Bhd ("SRAI")

Announcement Type: General Announcement for PLC
Company Name SILVER RIDGE HOLDINGS BHD
Stock Name SRIDGE
Date Announced 28 Apr 2015
Category General Announcement for PLC
Reference Number GA1-28042015-00038

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
SILVER RIDGE HOLDINGS BHD ("SRHB" OR "THE COMPANY")
- Acquisition of Silver Ridge Agricultural Informatics Sdn Bhd ("SRAI")

Please refer to the announcement details in the attachment below.

 

This announcement is dated 28 April 2015.




Please refer attachment below.



MYEG - Changes in Director's Interest (S135) - WONG THEAN SOON

Announcement Type: Changes in Director's Interest Pursuant to Section 135
Company Name MY E.G. SERVICES BERHAD
Stock Name MYEG
Date Announced 28 Apr 2015
Category Changes in Director's Interest Pursuant to Section 135
Reference Number CS4-28042015-00030

Information Compiled By KLSE

Particulars of Director

Name WONG THEAN SOON
Address B-25-7 Block B
Vista Kiara Condominium
Jalan Kiara 3
Bukit Kiara
50430 Wilayah Persekutuan
Malaysia.
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
28/04/2015
400,000
958,000.000

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) 85,352,012
Direct (%) 7.104
Indirect/deemed interest (units) 396,815,996
Indirect/deemed interest (%) 33.027
Date of notice 28/04/2015


Remarks :
The total indirect shares of 396,815,996 are held as follows: (i) 369,031,998 Ordinary Shares of RM0.10 each are registered in the name of Asia Internet Holdings Sdn Bhd; (ii) 7,783,998 Ordinary Shares of RM0.10 each are registered in the name of Asia Internet E-Services Holdings Sdn Bhd; and (iii) 20,000,000 Ordinary Shares of RM0.10 each are registered in the name of Radio Port Limited. * The percentage of interest excludes 601,000 Ordinary Shares of RM0.10 each bought back by the Company and retained as treasury shares.


MYEG - Changes in Sub. S-hldr's Int. (29B) - WONG THEAN SOON

Announcement Type: Change in Substantial Shareholders Interest Pursuant to Form 29B
Company Name MY E.G. SERVICES BERHAD
Stock Name MYEG
Date Announced 28 Apr 2015
Category Change in Substantial Shareholders Interest Pursuant to Form 29B
Reference Number CS2-28042015-00093

Particulars of substantial Securities Holder

Name WONG THEAN SOON
Address B-25-7 Block B
Vista Kiara Condominium
Jalan Kiara 3
Bukit Kiara
50430 Wilayah Persekutuan
Malaysia.
NRIC/Passport No/Company No. 710604085153
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary Shares of RM0.10 each
Name & address of registered holder Wong Thean Soon B-25-7 Block B Vista Kiara Condominium Jalan Kiara 3, Bukit Kiara 50430 Kuala Lumpur

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change
No of securities
Price Transacted (RM)
Acquired 28 Apr 2015
400,000
958,000.000

Circumstances by reason of which change has occurred Acquisition of Shares
Nature of interest Direct
Direct (units) 85,352,012
Direct (%) 7.104
Indirect/deemed interest (units) 396,815,996
Indirect/deemed interest (%) 33.027
Total no of securities after change 482,168,008
Date of notice 28 Apr 2015


Remarks :
The total indirect shares of 396,815,996 are held as follows:

(i) 369,031,998 Ordinary Shares of RM0.10 each are registered in the name of Asia Internet Holdings Sdn Bhd;

(ii) 7,783,998 Ordinary Shares of RM0.10 each are registered in the name of Asia Internet E-Services Holdings Sdn Bhd; and

(iii) 20,000,000 Ordinary Shares of RM0.10 each are registered in the name of Radio Port Limited.

* The percentage of interest excludes 601,000 Ordinary Shares of RM0.10 each bought back by the Company and retained as treasury shares.


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

Announcement Type: General Announcement for PLC
Company Name MY E.G. SERVICES BERHAD
Stock Name MYEG
Date Announced 28 Apr 2015
Category General Announcement for PLC
Reference Number GA1-28042015-00083

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description
Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the following Director have transacted dealing in the securities of the Company as set out in the following table hereunder.

Name

Date of Acquired

No. of Ordinary Shares of RM0.10 each acquired/(disposed)

Price per share

Percentage of Shares Acquired/Disposed against the issued and paid up capital

Balance

Wong Thean Soon

28 April 2015

400,000

RM2.395

0.033*

85,352,012 (Direct)

396,815,996 (Indirect)

* The percentage of interest excludes 601,000 Ordinary Shares of RM0.10 each bought back by the Company and retained as treasury shares.

# The total indirect shares of 396,815,996 are held as follows:

(i) 369,031,998 Ordinary Shares of RM0.10 each are registered in the name of Asia Internet Holdings Sdn Bhd;

(ii) 7,783,998 Ordinary Shares of RM0.10 each are registered in the name of Asia Internet E-Services Holdings Sdn Bhd; and

(iii) 20,000,000 Ordinary Shares of RM0.10 each are registered in the name of Radio Port Limited






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