Trade Shares or Stocks in Bursa Malaysia|How to start Trading | Trade Stocks in Bursa Malaysia | How to Open Trading Account | How to Open CDS Account | What is Collateralised Trading | Discretionary Financing | Share Margin Financing | CDS Share Transfer | Securities Borrowing and Lending (SBL) | Regulated Short Selling (RSS) | Brokerage | Internet Trading Brokerage Discount | Cash Upfront Brokerage Discount | Clearing Fees | Contract Stamp Duties | Bursa Malaysia | Composite Index | Bursa News | Listed Companies News | Market News | Market Outlook

AmFIRST REIT

Announcement date:  March 8, 2012

 

Proposed renounceable rights issue on the basis of three rights units for every five existing units in AmFIRST REIT at an entitlement date to be determined later.

 

Berjaya Corporation

Announcement date:  March 5, 2012

 

Lodgement date: March 19, 2012

 

Renounceable rights issue of up to RM764,240,189 nominal value of 10-year 5% irredeemable convertible unsecured loan stocks (new ICULS) at 100% of its nominal value together with up to 764,240,189 free detachable warrants on the basis of one RM1.00 nominal value of new ICULS and one warrant for every six existing ordinary shares of RM1,00 each held.

 

Berjaya Food

Announcement date: March 2, 2012

 

Proposed renounceable rights issue of up to 118,944,800 ordinary shares of RM0.50 each, together with up to 118,944,800 new free warrants on the basis of four rights shares together with four warrants for every five shares held on an entitlement date to be determined and announced later.

 

CCK Consolidated

Announcement date: February 29, 2012

 

Lodgement date: March 15, 2012

 

Distribution of one treasury share for every fifteen existing ordinary shares of RM0.50 each held.

 

C.I. Holdings Bhd

Announcement date: March 5, 2012

 

Lodgement date: March 20, 2012

 

Capital repayment of RM0.50 per ordinary share of RM1.00 each in C.I. Holdings Bhd.

 

Destini Bhd

Announcement date: February 17, 2012

 

1) Proposed share capital reduction involving the reduction of the par value of each existing ordinary shares of RM0.50 each in Destini to ordinary shares of RM0.10 each by the cancellation of RM0.40 of the par value.

 

2) Proposed renounceable rights issue of 200,000,000 new Destini shares on the basis of five rights shares for every two existing Destini shares held on an entitlement date to be determined later after the proposed capital reduction.

 

Dolomite

Announcement date: January 17, 2012

 

Proposed renounceable rights issue of up to 26,272,721 new redeemable convertible preference shares of RM0.01 each in DCB together with up to 26,272,721 new free detachable warrants at an indicative issue price of RM0.50 per Rights RCPS on the basis of one Rights RCPS together with one warrant for every ten existing ordinary shares of RM0.50 each held in DCB.

 

Ewein Bhd

Announcement date: February 29, 2012

 

Proposed bonus issue of 52,731,300 free warrants in Ewein on the basis of one free warrant for every two existing ordinary shares of RM0.50 each in Ewein held on an entitlement date to be determined later.

 

Fajarbaru Builder Group

Announcement date: February 28, 2012

 

Lodgement date: March 21, 2012

 

Distribution of one treasury share for every thirty five ordinary shares of RM0.50 each held.

 

Fast Track Solution

Announcement date: March 5, 2012

 

Proposed renounceable rights issue of up to 153,747,000 new ordinary shares of RM0.10 each together with up to 102,498,000 free detachable warrants at an indicative issue price of RM0.10 per rights shares on the basis of three rights shares for every two existing ordinary shares of RM0.10 each held together with two free warrants for every three rights shares subscribed at an entitlement date to be determined later.

 

GPRO

Announcement date: January 20, 2012

 

1) Proposed reduction of the issued and paid-up share capital of GPRO involving the cancellation of RM0.09 of the par value of each existing ordinary share of RM0.10 in GPRO pursuant to Section 64 of the Companies Acts, 1965.

 

2) Proposed renounceable rights issue up to 253,994,100 new ordinary shares of RM0.01 each in GPRO together with up to 253,994,100 free new detachable warrants at an issue price of RM0.10 per rights share on the basis of one rights share together with one warrant for every one existing ordinary share of RM0.01 each in GPRO on an entitlement date to be determined and announced later.

 

Haisan Resources

Announcement date: December 21, 2011

 

1) Proposed reduction of Haisan’s issued and paid-up share capital involving the cancellation of RM0.45 of the par value of each existing ordinary share of RM0.50 each in Haisan pursuant to Section 64 of the Companies Act, 1965.

 

2) Proposed renounceable rights issue of up to 268,469,666 new ordinary shares of RM0.05 each in Haisan together with up to 134,234,833 free detachable warrants at an issue price of RM0.05 per rights share on the basis of ten rights shares together with five warrants for every three ordinary shares of RM0.05 each in Haisan held after the proposed capital reduction, based on a minimum subscription level of 80,000,000 rights shares together with 40,000,000 warrants on an entitlement date to be determined and announced later.

 

Hartalega Holdings

Announcement date: February 22, 2012

 

1) Proposed bonus one-for-one.

 

2) Proposed a free warrants issue of up to 74,330,988 free warrants on the basis of one free warrant for every five existing shares hled on the same entitlement date as the proposed bonus issue.

 

Hock Seng Lee

Announcement date: February 28, 2012

 

Lodgement date: March 28, 2012

 

Distribution of share dividend on the basis of one treasury share for every fifty existing ordinary shares of RM0.20 each held, fractions of treasury shares are to be disregarded.

 

Hubline Bhd

Announcement date: March 5, 2012

 

2) Proposed bonus issue of 46,500,000 shares on the basis of one bonus share for every four rights shares subscribed.

 

MBM Resources

Announcement date: February 24, 2012

 

1) Proposed bonus three-for-ten.

 

2) Proposed renounceable rights issue of up to 73,652,300 new shares together with up to 73,652,300 new free detachable warrants on the basis of three rights shares with three free warrants for every ten existing shares held.

 

Meda Inc Bhd

Announcement date: March 7, 2012

 

Proposed bonus issue of up to 131,735,236 free warrants in Meda at an exercise price of RM0.60 per ordinary share of RM0.50 each in Meda at a step-up mechanism whereby the warrants will be adjusted upwards by RM0.10 at the expiry of every two anniversary years from the date of issuance on the basis of one free warrant for every four existing Meda shares held on an entitlement date to be determined later.

 

Melewar

Announcement date: January 31, 2012

 

1) Proposed share capital reduction via the cancellation of RM0.75 of the par value of every existing ordinary share of RM1.00 each in the issued and paid-up share capital of Melewar Industrial Group Bhd (MIG) pursuant to Section 64(1) of the Act.

 

2) Proposed renounceable rights issue of 150,348,539 new MIG shares at an indicative issue price of RM0.40 per rights share on the basis of two rights shares for every three existing MIG shares held on an entitlement date to be determined after the proposed share capital reduction.

 

Notion VTEC Bhd

Announcement date: February 20, 2012

 

1) Proposed bonus three-for-four.

 

2) Proposed issue of up to 46,303,507 free warrants (Warrant B) on the basis of one Warrant B for every four existing shares held.

 

PA Resources

Announcement date: February 24, 2012

 

1) Proposed share capital reduction via the cancellation of RM0.40 of the par value of every existing ordinary shares of RM0.50 each in PA Resources Bhd (PARB) pursuant to Section 64(1) of the Companies Act, 1965 and the credit arising therefrom to be offset against the accumulated losses in PARB.

 

2) Proposed renounceable rights issue of up to 894,623,100 new ordinary shares of RM0.10 each in PARB at an indicative issue price of RM0.10 per rights share on the basis of seven rights shares for every two PARB shares held on an entitlement date to be determined later after the proposed share capital reduction.

 

3) Proposed exemption under paragraph 16.1 of Practice Note 9 Of The Malaysian Code On Take-Overs And Mergers, 2010 to Chong Sze San and the parties acting in concert with him from the obligation to undertake a mandatory take-over offer for all the remaining PARB shares and outstanding warrants of PARB not already held by them pursuant to the proposed rights issue.

 

RCE Capital Bhd

Announcement date: February 14, 2012

 

1) Proposed bonus one-for-two.

 

2) Proposed renounceable rights issue of up to 479,198,444 new redeemable convertible non-cumulative preference shares (RCPS) of RM0.10 each in RCE on the basis of two RCPS for every five shares held after the proposed bonus issue.

 

R&A Telecomunication

Announcement date: March 7, 2012

 

Lodgement date: March 22, 2012

 

Bonus issue of 87,896,600 warrants on the basis of one free warrant for every ten existing ordinary shares of RM0.10 each in R & A held.

 

Saag Consolidated

Announcement date: February 13, 2012

 

1) Proposed restricted issue of a value of RM100 million new ordinary shares of RM0.10 each in Saag at an issue price to be determined later with entitlement to free warrants (Warrants A) on the basis of one free Warrant A for every five restricted issue shares to investor(s) to be identified by the company.

 

2) Proposed issuance of up to 1,380,000,000 free warrants (Warrants B) to loan creditors.

 

3) Proposed renounceable rights issue of up to 3,035,906,443 new ordinary shares of RM0.10 each in Saag at an issue price of RM0.10 per rights share on the basis of seven rights shares for every five existing ordinary shares of RM0.10 each held in Saag at an entitlement date to be determined, together with up to 607,181,289 free detachable warrants (Warrants C) on the basis of one Warrant C for every five rights shares subscribed.

 

Scope Industries

Announcement date: March 1, 2012

 

Proposed issue of up to 59,000,000 free warrants on the basis of two free warrants for every ten ordinary shares of RM0.10 each held.

 

SMPC Corporation

Announcement date: March 8, 2012

 

Lodgement date: March 22, 2012

 

Reduction of RM58,180,469 from the issued and paid-up share capital of SMPC Corporation Bhd (SMPC) pursuant to Section 64(1) of the Companies Act, 1965, by way of cancellation of RM0.90 from the par value of the existing ordinary shares of RM1.00 each in SMPC and thereafter the consolidation of ten ordinary shares of RM0.10 each into one new ordinary share of RM1.00 each.

 

SMR Technologies

Announcement date: February 29, 2012

 

Proposed bonus issue of up to 92,906,999 warrants on the basis of one warrant for every two existing ordinary shares of RM0.10 each held on an entitlement date to be determined later.

 

Tambun

Announcement date: January 19, 2012

 

Proposed renounceable rights issue of up 88,400,000 new ordinary shares of RM0.50 each, together with 44,200,000 new free detachable warrants on the basis of two rights shares and one free warrant for every five existing ordinary shares of RM0.50 each held on an entitlement date to be determined later.

 

Tricubes Bhd

Announcement date: November 18, 2011

 

1) Proposed share premium reduction of up to RM9.93mil under Section 64 of the Companies Act, 1965.

 

2) Proposed private placement of up to 26,800,000 new ordinary shares of RM0.10 each to third party investors to be identified at an issue price to be determined.

 

3) Proposed renounceable rights issue of up to 107,200,000 new shares together with up to 53,600,000 free detachable warrants at an indicative issue price of RM0.10 per rights share on the basis of two rights shares together with one free warrant for every three shares held after the proposed share premium reduction and proposed private placement.

 

XDL

Announcement date: January 18, 2012

 

Proposed bonus one-for-two and renounceable rights issue of up to 241,999,945 warrants at an issue price of RM0.05 per warrant on the basis of one warrant for every two existing shares held by the entitled shareholders of the company on the same entitlement date as the proposed bonus issue

Related Posts:

• Types of stocks traded in Bursa Malaysia
• MBM Resources Bhd offer to fully acquire Hirotako Holdings Bhd
• Berjaya Corp cash call
• IPO – Berjaya Food
• SP Setia – propose bonus and placement to raise funds

 

The securities of Harvest and Harvest-WA will be traded on a Ready Basis from January 9, 2012, says Bursa Malaysia

 

 

Kuala Lumpur: Bursa Malaysia has lifted the designated securities status of Harvest Court Industries Bhd, about seven weeks after trading restrictions were imposed on the timber company.

 

Trading of the company’s shares will be back to the normal T+3 settlement, where investors must complete their security transactions within three business days.

 

When the trading restrictions were imposed, investors were required to pay cash upfront to trade in the securities and hold the securities for a minimum of three trading days before they

could sell them.

 

“Bursa Malaysia will lift the designated securities status of Harvest and Harvest Court Industries Warrants (Harvest-WA) with effect from 9am, January 9, 2012. The securities of Harvest and Harvest-WA will be traded on a Ready Basis, for which the delivery and settlement of contracts will be effected on T+3, as

 

 

provided under the rules of Bursa Malaysia,” said the stock market regulator in a statement yesterday.

 

The timber company’s shares went through a roller coaster ride last year – as it was trading at as low as 7.5 sen on September 27, 2011, before skyrocketing to RM2.13 on November 14, 2011.

 

The movement of the share price was partly driven by news of the emergence Datuk Raymond Chan Boon Siew as the company’s new

substantial shareholder. Chan is the managing director of Sagajuta Group.

 

Chan’s Sagajuta received considerable press mileage after the company was linked to a possible takeover of Jerneh Asia Bhd, a company controlled by the country’s richest man, Robert

Kuok Hock Nien.

 

Within months after the deal fell through, Chan emerged in Harvest Court, fuelling speculation that Sagajuta’s assets might be injected into Harvest Court.

 

The appointment of Mohd Nazifuddin Mohd Najib to the company’s board of director, as well as his resignation less than two months after the appointment, were believed to be another driver of Harvest’s securities price movement.

 

Since it was declared as a designated securities, its shares were traded at an average of RM1.11, with a high of RM1.49 and a low of 79 sen. Trading volume has also toned down to the one-million level.

 

During the one-month period before it was imposed with the trading restrictions, an average of 35.4 million shares changed hands each day.

 

So far this year, average daily trading volume is less than 158,000 shares.

 

Nevertheless, Bursa Malaysia said it would continue to monitor Harvest securities.

 

“In the discharge of its front line regulatory role, the exchange will continue to monitor the trading activities of Harvest and Harvest-WA, and where trading concerns are noted, the exchange may take appropriate regulatory actions,” Bursa Malaysia said.

 

 

Related Posts:

• No Related Posts

 

Breaking news, CNN reported the following:

Steve Jobs, the visionary in the black turtleneck who co-founded Apple in a Silicon Valley garage, built it into the world’s leading tech company and led a mobile-computing revolution with wildly popular devices such as the iPhone, died Wednesday. He was 56.

The hard-driving executive pioneered the concept of the personal computer and of navigating them by clicking onscreen images with a mouse. In more recent years, he introduced the iPod portable music player, the iPhone and the iPad tablet — all of which changed how we consume content in the digital age.

More than one pundit, praising Jobs’ ability to transform entire industries with his inventions, called him a modern-day Leonardo Da Vinci.

“Steve Jobs is one of the great innovators in the history of modern capitalism,” New York Times columnist Joe Nocera said in August. “His intuition has been phenomenal over the years.”

Jobs’ death, while dreaded by Apple’s legions of fans, was not unexpected. He had battled cancer for years, took a medical leave from Apple in January and stepped down as chief executive in August because he could “no longer meet (his) duties and expectations.”

Born February 24, 1955, and then adopted, Jobs grew up in Cupertino, California — which would become home to Apple’s headquarters — and showed an early interest in electronics. As a teenager, he phoned William Hewlett, president of Hewlett-Packard, to request parts for a school project. He got them, along with an offer of a summer job at HP.

Jobs dropped out of Oregon’s Reed College after one semester, although he returned to audit a class in calligraphy, which he says influenced Apple’s graceful, minimalist aesthetic. He quit one of his first jobs, designing video games for Atari, to backpack across India and take psychedelic drugs. Those experiences, Jobs said later, shaped his creative vision.

“You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future,” he told Stanford University graduates during a commencement speech in 2005. “You have to trust in something: your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.”

While at HP, Jobs befriended Steve Wozniak, who impressed him with his skill at assembling electronic components. The two later joined a Silicon Valley computer hobbyists club, and when he was 21, Jobs teamed with Wozniak and two other men to launch Apple Computer Inc.

It’s long been Silicon Valley legend: Jobs and Wozniak built their first commercial product, the Apple 1, in Jobs’ parents’ garage in 1976. Jobs sold his Volkswagen van to help finance the venture. The primitive computer, priced at $666.66, had no keyboard or display, and customers had to assemble it themselves.

The following year, Apple unveiled the Apple II computer at the inaugural West Coast Computer Faire. The machine was a hit, and the personal computing revolution was under way.

Jobs was among the first computer engineers to recognize the appeal of the mouse and the graphical interface, which let users operate computers by clicking on images instead of writing text.

Apple’s pioneering Macintosh computer launched in early 1984 with a now-iconic, Orwellian-themed Super Bowl ad. The boxy beige Macintosh sold well, but the demanding Jobs clashed frequently with colleagues, and in 1986, he was ousted from Apple after a power struggle.

Then came a 10-year hiatus during which he founded NeXT Computer, whose pricey, cube-shaped computer workstations never caught on with consumers.

Jobs had more success when he bought Pixar Animation Studios from George Lucas before the company made it big with “Toy Story.” Jobs brought the same marketing skill to Pixar that he became known for at Apple. His brief but emotional pitch for “Finding Nemo,” for example, was a masterful bit of succinct storytelling.

In 1996, Apple bought NeXT, returning Jobs to the then-struggling company he had co-founded. Within a year, he was running Apple again — older and perhaps wiser but no less of a perfectionist. And in 2001, he took the stage to introduce the original iPod, the little white device that transformed portable music and kick-started Apple’s furious comeback.

Thus began one of the most remarkable second acts in the history of business. Over the next decade, Jobs wowed launch-event audiences, and consumers, with one game-changing hit after another: iTunes (2003), the iPhone (2007), the App Store (2008), and the iPad (2010).

Observers marveled at Jobs’ skills as a pitchman, his ability to inspire godlike devotion among Apple “fanboys” (and scorn from PC fans) and his “one more thing” surprise announcements. Time after time, he sold people on a product they didn’t know they needed until he invented it. And all this on an official annual salary of $1.

He also built a reputation as a hard-driving, mercurial and sometimes difficult boss who oversaw almost every detail of Apple’s products and rejected prototypes that didn’t meet his exacting standards.

By the late 2000s, his once-renegade tech company, the David to Microsoft’s Goliath, was entrenched at the uppermost tier of American business. Apple now operates more than 300 retail stores in 11 countries. The company has sold more than 275 million iPods, 100 million iPhones and 25 million iPads worldwide.

Jobs’ climb to the top was complete in summer 2011, when Apple listed more cash reserves than the U.S. Treasury and even briefly surpassed Exxon Mobil as the world’s most valuable company.

But Jobs’s health problems sometimes cast a shadow over his company’s success. In 2004, he announced to his employees that he was being treated for pancreatic cancer. He lost weight and appeared unusually gaunt at keynote speeches to Apple developers, spurring concerns about his health and fluctuations in the company’s stock price. One wire service accidentally published Jobs’ obituary.

Jobs had a secret liver transplant in 2009 in Tennessee during a six-month medical leave of absence from Apple. He took another medical leave in January this year. Perhaps mindful of his legacy, he cooperated on his first authorized biography, scheduled to be published by Simon & Schuster in November.

Jobs is survived by his wife of 20 years, Laurene, and four children, including one from a prior relationship.

He always spoke with immense pride about what he and his engineers accomplished at Apple.

“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do,” he told the Stanford grads in 2005.

“If you haven’t found it yet, keep looking. Don’t settle. As with all matters of the heart, you’ll know when you find it. And, like any great relationship, it just gets better and better as the years roll on.”

Related Posts:

• No Related Posts