April 17, 2015

Company announcements: REDTONE, CIMBA40, CIMBC50, MRCB, LIENHOE, TAKAFUL, OSKPROP, VS, METALR, BARAKAH

REDTONE - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameREDTONE INTERNATIONAL BERHAD (ACE Market) 
Stock Name REDTONE  
Date Announced17 Apr 2015  
CategoryPDF Submission
Reference NoCK-150417-38792

SubjectCONDITIONAL TAKE-OVER OFFER FROM RHB INVESTMENT BANK BERHAD ON BEHALF OF JUARA SEJATI SDN BHD ("OFFEROR") TO ACQUIRE:

(I) ALL THE REMAINING ORDINARY SHARES OF RM0.10 EACH IN REDTONE INTERNATIONAL BERHAD (“REDTONE”) (“REDTONE SHARES”)(EXCLUDING ALL THE TREASURY SHARES HELD BY REDTONE) NOT ALREADY OWNED BY THE OFFEROR AND PERSONS ACTING IN CONCERT WITH IT (“PACS”) AND SUCH NUMBER OF NEW REDTONE SHARES THAT MAY BE ISSUED PURSUANT TO THE EXERCISE OF THE OUTSTANDING OPTIONS GRANTED PURSUANT TO REDTONE’S EMPLOYEES’ SHARE OPTION SCHEME AND/OR CONVERSION OF 2.75% 10-YEAR IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS 2010/2020 OF NOMINAL VALUE RM0.10 EACH ISSUED BY REDTONE (“REDTONE ICULS”)("OFFER SHARES");

(II) ALL THE OUTSTANDING REDTONE ICULS NOT ALREADY OWNED BY THE OFFEROR AND ITS PACS (“OFFER ICULS”),

FOR A CASH OFFER PRICE OF RM0.80 PER OFFER SHARE AND RM0.32 PER OFFER ICULS

Attachments

Offer Document.pdf
1241 KB




Form of Acceptance.pdf
447 KB






CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40  
Date Announced17 Apr 2015  
CategoryGeneral Announcement
Reference NoOB-150417-C24E5

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 17-Apr-2015
IOPV per unit (RM): 1.8906
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: 10,964.30

 



CIMBC50 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 50  
Stock Name CIMBC50  
Date Announced17 Apr 2015  
CategoryGeneral Announcement
Reference NoOB-150417-C24AF

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 50
Date: 17-Apr-2015
IOPV per unit (RM): 1.5639
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: 23,051.07

 



MRCB - Circular/Notice to Shareholders

Announcement Type: PDF Submission
Company NameMALAYSIAN RESOURCES CORPORATION BERHAD  
Stock Name MRCB  
Date Announced17 Apr 2015  
CategoryPDF Submission
Reference NoMR-150417-44921

SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED SHARE BUY-BACK OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MALAYSIAN RESOURCES CORPORATION BERHAD

Attachments

Share Buy Back-01042015.pdf
766 KB






LIENHOE - Annual Audited Accounts - 31 December 2014

Announcement Type: PDF Submission
Company NameLIEN HOE CORPORATION BERHAD  
Stock Name LIENHOE  
Date Announced17 Apr 2015  
CategoryPDF Submission
Reference NoLH-150417-43538

SubjectAnnual Audited Accounts - 31 December 2014


TAKAFUL - Changes in Sub. S-hldr's Int. (29B) - EMPLOYEES PROVIDENT FUND BOARD

Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Company NameSYARIKAT TAKAFUL MALAYSIA BERHAD  
Stock Name TAKAFUL  
Date Announced17 Apr 2015  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoST-150417-42468

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARD
AddressTINGKAT 19, BANGUNAN KWSP, JALAN RAJA LAUT, 50350 KUALA LUMPUR
NRIC/Passport No/Company No.EPF ACT 1991
Nationality/Country of incorporationMALAYSIA
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holderCITIGROUP NOMINEES (TEMPATAN) SDN BHD
LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG
50450 KUALA LUMPUR

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed14/04/2015
16,000
 

Circumstances by reason of which change has occurredDisposal
Nature of interestDirect
Direct (units) 
Direct (%) 
Indirect/deemed interest (units) 
Indirect/deemed interest (%) 
Total no of securities after change14,160,320
Date of notice15/04/2015

Remarks :
The Notice of Changes in Substantial Shareholder's Interest (Form 29B) was received on 17 April 2015.


OSKPROP - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameOSK PROPERTY HOLDINGS BERHAD  
Stock Name OSKPROP  
Date Announced17 Apr 2015  
CategoryGeneral Meetings
Reference NoCS-150319-0FEBE

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting17/04/2015
Time11:00 AM
VenueAuditorium, 11th Floor, Plaza OSK, Jalan Ampang, 50450 Kuala Lumpur
Outcome of Meeting

The Board of Directors of OSK Property Holdings Berhad ("OSKP") wishes to announce that all the resolutions tabled at the Twenty-Fifth Annual General Meeting (" 25th AGM") of the Company held on 17 April 2015 were duly passed by the shareholders, including the re-election and re-appointment of Directors as set out in the Notice of 25th AGM.

The Board of Directors of OSKP now comprises the following:-

1. Dato’ Nik Mohamed Din bin Datuk Nik Yusoff - Non-Independent Non-Executive Chairman

2. Tan Sri Ong Leong Huat @ Wong Joo Hwa - Managing Director / Chief Executive Officer

3. Ong Ju Xing - Executive Director

4. Foo San Kan - Senior Independent Non-Executive Director

5. Dato’ Thanarajasingam Subramaniam - Independent Non-Executive Director

6. Dr. Ngo Get Ping - Independent Non-Executive Director

7. Ong Yee Ching - Non-Independent Non-Executive Director

This announcement is dated 17 April 2015.



VS - MULTIPLE PROPOSALS

Announcement Type: General Announcement
Company NameV.S. INDUSTRY BERHAD  
Stock Name VS  
Date Announced17 Apr 2015  
CategoryGeneral Announcement
Reference NoMI-150417-43614

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionV.S. INDUSTRY BERHAD (“VSIB” OR “COMPANY”)

(I) PROPOSED PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF VSIB (“PROPOSED PLACEMENT”);

(II) PROPOSED TERMINATION OF THE COMPANY’S EXISTING EMPLOYEES’ SHARE OPTION SCHEME (“PROPOSED ESOS TERMINATION”); AND

(III) PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES’ SHARE OPTION SCHEME OF UP TO FIFTEEN PERCENT (15%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF VSIB (“PROPOSED NEW ESOS”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

We refer to the announcements dated 1 April 2015 and 7 April 2015 in relation to the Proposals.

On behalf of the Board of Directors of VSIB, Maybank Investment Bank Berhad wishes to highlight that the proceeds expected to be raised from the Proposed Placement will be used for the working capital requirements of the Company including requirements for meeting operating expenses necessary for the VSIB Group’s day-to-day operations to support its existing business operations such as personnel cost, payment of trade creditors and other payables, marketing and administrative expenses as well as other operational activities which include, among others, overhead expenses, costs for product innovation and/or design/model improvisation, research and development as well as training courses for staffs.

For your information, based on VSIB’s latest unaudited consolidated statement of financial position for the 6-month financial period ended 31 January 2015, the cash and cash equivalents is RM201.75 million while the short-term loans and bank borrowings is RM223.57 million. Notwithstanding that, the Company has decided to undertake the Proposed Placement to facilitate its working capital requirements in view that bulk of the cash and cash equivalents may be used to repay or roll over its short-term loans and bank borrowings (including various trade facilities) when due and cash reserves for additional expenses/costs to be incurred for anticipated higher volume of orders, business expansion, new business opportunities when it arises as well as dividends to be declared pursuant to the Company’s dividend policy of at least 40% payout ratio from profit after tax.

This announcement is dated 17 April 2015.



METALR - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

Announcement Type: General Announcement
Company NameMETAL RECLAMATION BHD  
Stock Name METALR  
Date Announced17 Apr 2015  
CategoryGeneral Announcement
Reference NoCC-150417-98FEB

TypeAnnouncement
SubjectWINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
DescriptionRESTRAINING ORDER UNDER SECTION 176 (10) OF THE COMPANIES ACT, 1965 (“THE ACT”) IN FAVOUR OF METAL RECLAMATION BHD (“MRB” OR “THE COMPANY”) AND METAL RECLAMATION (INDUSTRIES) SENDIRIAN BERHAD (“MRISB”)

Reference is made to the announcements made by the Company on 20 November 2014 and 11 March 2015.

The Board of Directors of the Company hereby announces that the Judge has allowed and extended the Restraining Order for 60 days from 14 April 2015 to the Company and Metal Reclamation (Industries) Sendirian Berhad (“MRISB”), a wholly-owned subsidiary of the Company (collectively defined herein as "Companies").

The Sealed copy of the Restraining Order dated 14 April 2015 was extracted and received on 16 April 2015.

The debts owing by the Company and its subsidiaries to the creditors will be restructured under the Proposed Corporate Debt Restructuring Scheme, which is pending the finalisation of the proposed scheme of arrangement for the scheme creditors. Pursuant thereto, the Companies have found it necessary to obtain the order to ensure that the creditors of the Company and its subsidiaries (“Group”) are treated equally and efficiently, as well as to restrain all potential litigations or proceedings which may affect the formulation of the Proposed Corporate Debt Restructuring Scheme.

The details of the proposed scheme of arrangement will be announced in due course.

This announcement is dated 17 April 2015.



BARAKAH - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Company NameBARAKAH OFFSHORE PETROLEUM BERHAD  
Stock Name BARAKAH  
Date Announced17 Apr 2015  
CategoryAdditional Listing Announcement (ALA)
Reference NoCC-150416-B31C0

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalOthers
Details of corporate proposalConversion of Redeemable Convertible Unsecured Loan Stocks
No. of shares issued under this corporate proposal17,517,675
Issue price per share ($$)MYR 0.200
Par Value ($$)MYR 0.200
Latest issued and paid up share capital after the above corporate proposal in the following
Units798,162,604
CurrencyMYR 159,632,520.800
Listing Date20/04/2015


No comments:

Post a Comment