IFCAMSC - Additional Listing Announcement
Announcement Type: Additional Listing Announcement (ALA)
| Company Name | IFCA MSC BERHAD (ACE Market) |
| Stock Name | IFCAMSC
|
| Date Announced | 26 Feb 2015 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | IM-150226-60297 |
MEXTER - Quarterly rpt on consolidated results for the financial period ended 31/12/2014
Announcement Type: Financial Results
| Company Name | MEXTER TECHNOLOGY BERHAD (ACE Market) |
| Stock Name | MEXTER
|
| Date Announced | 26 Feb 2015 |
| Category | Financial Results |
| Reference No | CA-150224-40867 |
| Financial Year End | 31/12/2014 |
| Quarter | 4 |
| Quarterly report for the financial period ended | 31/12/2014 |
| The figures | have not been audited |
Currency: Malaysian Ringgit (MYR)
| | INDIVIDUAL PERIOD | CUMULATIVE PERIOD |
CURRENT YEAR QUARTER | PRECEDING YEAR
CORRESPONDING
QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD |
| | | |
|
$$'000 | $$'000 | $$'000 | $$'000 |
| 1 | Revenue | 8,577 | 7,977 | 43,193 | 34,673 |
| 2 | Profit/(loss) before tax | 233 | -912 | -915 | -2,959 |
| 3 | Profit/(loss) for the period | -88 | -912 | -1,264 | -2,960 |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 36 | -842 | -1,204 | -2,735 |
| 5 | Basic earnings/(loss) per share (Subunit) | 0.02 | -0.70 | -0.65 | -2.40 |
| 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
|
| AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END |
7
| Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.0600 | 0.0600 |
Currency:
| | INDIVIDUAL PERIOD | CUMULATIVE PERIOD |
CURRENT YEAR QUARTER | PRECEDING YEAR
CORRESPONDING
QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD |
| | | |
|
$$'000 | $$'000 | $$'000 | $$'000 |
| 1 | Revenue | | | | |
| 2 | Profit/(loss) before tax | | | | |
| 3 | Profit/(loss) for the period | | | | |
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent | | | | |
| 5 | Basic earnings/(loss) per share (Subunit) | | | | |
| 6 | Proposed/Declared dividend per share (Subunit) | | | | |
|
| AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END |
7
| Net assets per share attributable to ordinary equity holders of the parent ($$) | | |
ETITECH - BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS ETI TECH CORPORATION BERHAD AND FINES FOUR DIRECTORS A TOTAL OF RM22,800
Announcement Type: Listing Circular
| Company Name | ETI TECH CORPORATION BERHAD |
| Stock Name | ETITECH
|
| Date Announced | 26 Feb 2015 |
| Category | Listing Circular |
| Reference No | CW-150226-59605 |
LISTING'S CIRCULAR NO. L/Q : 72604 OF 2015
Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded ETI Tech Corporation Berhad (ETITECH or the Company) and 4 directors for breaching the Bursa Malaysia Securities Main Market Listing Requirements (Main LR). In addition, the 4 directors of ETITECH were fined a total of RM22,800.
ETITECH was publicly reprimanded for breaching paragraph 9.23(2) of the Main LR where the Company had failed to announce its audited financial statements for the financial period from 1 September 2011 to 28 February 2013 (AFS 2013) on or before 30 June 2013. ETITECH only announced the AFS 2013 on 1 August 2013, after a delay of 24 market days.
ETITECH is also required to review and ensure the adequacy and effectiveness of its financial reporting function and ensure all its directors and relevant personnel attend a training programme in relation to compliance with the Main LR particularly pertaining to financial statements.
The following directors of ETITECH at the material time were found to have breached paragraph 16.13(b) of the Main LR for permitting knowingly, or where they had reasonable means of obtaining such knowledge, ETITECH to commit the breach of paragraph 9.23(2) of the Main LR. The penalties imposed on the directors are as follows:-
No. | Director | Penalty |
1. | Dato’ Ahmad Shukri bin Tajuddin
Independent Non-Executive Chairman
Audit Committee Member
(resigned on 9 July 2013) | Public Reprimand & Fine of RM1,200 |
2. | Lee Kah Kheng
Executive Director
(retired on 23 September 2013) | Public Reprimand & Fine of RM12,000 |
3. | Khor Yee Kwang
Executive Director
(resigned on 13 August 2013) | Public Reprimand & Fine of RM4,800 |
4. | Nordin bin Mohamad Desa
Independent Non-Executive Director
Audit Committee Chairman
(resigned on 28 February 2014) | Public Reprimand & Fine of RM4,800 |
Bursa Malaysia Securities views the contravention seriously as the requirement for listed companies to ensure timely submission of financial statements was of paramount importance to ensure a fair and orderly market of securities traded on Bursa Malaysia Securities.
BACKGROUND
The delay in the announcement of the AFS 2013 which was due on 30 June 2013 was mainly due to ETITECH’s delay / failure in addressing / resolving the following audit issues with the external auditors:-
- Failure to reclassify the assets in respect of the proposed disposal of an indirect wholly-owned subsidiary in accordance with the accounting standards (i.e. Financial Reporting Standard 5) which was approved and entered into prior to 30 June 2013;
- Failure to finalise and furnish the 3 years profit and cash flow forecast and projection of ETITECH Group to justify the carrying value of development expenditure amounting to approximately RM32 million which was requested by the external auditors including to the board and audit committee on 30 October 2012. However, the Company had only submitted to the external auditors the requested profit and cash flow forecast in July 2013; and
- Failure to conduct physical stock count in relation to ETITECH’s inventories as at the financial period ended 28 February 2013. The external auditors had in the board meeting on 29 April 2013 specifically requested the Company to arrange for inventory count. However, the Company had only conducted the physical stock count in the Kulim factory on 3 July 2013 and in Taiwan and China on 22 & 23 July 2013.
ETITECH had failed to demonstrate reasonable steps / efforts taken to ensure the outstanding audit issues were resolved expeditiously to enable timely announcement of the AFS 2013.
The finding of breach and imposition of the above penalties on ETITECH and its directors were made pursuant to paragraph 16.19(1) of the Main LR upon completion of due process and after taking into consideration all facts and circumstances of the matter including the materiality of the breach and the knowledge, role, responsibilities and conduct of the directors as follows:-
- Lee Kah Kheng was the executive director of ETITECH primarily responsible for the financial management of ETITECH. He was aware of the audit issues and was in a position to ensure all the audit issues were resolved expeditiously to enable timely announcement of the AFS 2013. In addition, he had given assurances to the board which had relied on him with regard to the finalisation of the audit issues;
- Khor Yee Kwang was an executive director of ETITECH and was or should be aware of the audit issues / request of the external auditors raised in the board meetings. He had failed to demonstrate reasonable efforts taken to discharge his duties including his failure to attend the subsequent board meetings after the board meeting on 26 February 2013 and upon being made aware of the delay in announcement of the AFS 2013; and
- Dato’ Ahmad Shukri bin Tajuddin and Nordin bin Mohamad Desa were members of audit committee who had the specific function under the Main LR to review financial statements. They were or should be aware of the audit issues / request of the external auditors raised in the audit committee / board meetings. They had failed to demonstrate reasonable efforts taken to discharge their duties including to monitor and ensure expeditious resolution of the profit and cash flow forecast requested by the external auditors which was material to enable the directors to assess and make informed decision on the financial position / prospect of the Company.
EAH - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS DURING CLOSED PERIOD
Announcement Type: General Announcement
| Company Name | EA HOLDINGS BERHAD (ACE Market) |
| Stock Name | EAH
|
| Date Announced | 26 Feb 2015 |
| Category | General Announcement |
| Reference No | CZ-150226-45966 |
EAH - Changes in Director's Interest (S135) - MOHAMMAD SOBRI BIN SAAD
Announcement Type: Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
| Company Name | EA HOLDINGS BERHAD (ACE Market) |
| Stock Name | EAH
|
| Date Announced | 26 Feb 2015 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | CZ-150226-17DFB |
Information Compiled By KLSE
Particulars of Director
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | | 20,000,000 | 0.125 |
EAH - Changes in Sub. S-hldr's Int. (29B) - MOHAMMAD SOBRI BIN SAAD
Announcement Type: Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
| Company Name | EA HOLDINGS BERHAD (ACE Market) |
| Stock Name | EAH
|
| Date Announced | 26 Feb 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CZ-150226-45999 |
Particulars of substantial Securities Holder
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 25/02/2015 | 20,000,000 | 0.125 |
NWP - GENERAL MEETINGS: OUTCOME OF MEETING
Announcement Type: General Meetings
| Company Name | NWP HOLDINGS BERHAD |
| Stock Name | NWP
|
| Date Announced | 26 Feb 2015 |
| Category | General Meetings |
| Reference No | NH-150226-39983 |
| Type of Meeting | AGM |
| Indicator | Outcome of Meeting |
| Date of Meeting | 26/02/2015 |
| Venue | The Royale Bintang Damansara |
| Outcome of Meeting |
The Board of Directors of NWP is pleased to announce that all the ordinary and special business as set out in the Notice of Meeting dated 4 February 2015 were duly passed by the shareholders at the 15th Annual General Meeting of NWP Holdings Berhad held on 26th February 2015. This announcement is dated 26th February 2015. |
YILAI - YILAI - NOTICE OF BOOK CLOSURE
Announcement Type: Listing Circular
| Company Name | YI-LAI BERHAD |
| Stock Name | YILAI
|
| Date Announced | 26 Feb 2015 |
| Category | Listing Circular |
| Reference No | RN-150226-30744 |
LISTING'S CIRCULAR NO. L/Q : 72603 OF 2015
Interim Single Tier Dividend of 2 sen per ordinary share of RM0.50.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 8 April 2015 ]
2) The last date of lodgement : [ 10 April 2015 ]
3) Date Payable : [ 8 May 2015 ]
ICAP - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Announcement Type: General Announcement
| Company Name | ICAPITAL.BIZ BERHAD |
| Stock Name | ICAP
|
| Date Announced | 26 Feb 2015 |
| Category | General Announcement |
| Reference No | CK-150225-2738B |
SUNREIT - 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 Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
| Stock Name | SUNREIT
|
| Date Announced | 26 Feb 2015 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | SR-150226-30380 |
Particulars of substantial Securities Holder
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Disposed | 23/02/2015 | 1,212,100 | |
