Wednesday, July 1, 2015

BursaAnnouncement : TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PMI EDUCATION SDN BHD

SASBADI HOLDINGS BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PMI EDUCATION SDN BHD
The Board of Directors of Sasbadi Holdings Berhad (“Sasbadi Holdings” or “the Company”) is pleased to announce that the Company has on 29 June 2015 entered into a share sale agreement ("SSA") with Chua Chong Keow, Amir Hamzah Bin Mohd Yusof and Norizan Binti Samausi to acquire 100% of the issued and paid-up share capital of PMI Education Sdn Bhd, comprising 1,000,000 ordinary shares of RM1.00 each, for a purchase price of RM2,600,000.00 only subject to the terms and conditions in the SSA (“Proposed Acquisition”).
Upon completion of the Proposed Acquisition, PMI Education Sdn Bhd will become a wholly-owned subsidiary of Sasbadi Holdings.
Please refer to the attachment for further details on the Proposed Acquisition. 
This announcement is dated 29 June 2015. 


Please refer attachment below.

Attachments



Announcement Info

Company NameSASBADI HOLDINGS BERHAD
Stock NameSASBADI
Date Announced29 Jun 2015
CategoryGeneral Announcement for PLC
Reference NumberGA1-29062015-00033


文语控股 跨足学院有风险




目标价:2.25令吉
最新进展
文语控股(SASBADI,5252,主板消费产品股)将以260万令吉,收购PMI教育私人有限公司,后者在吉隆坡TTDI经营Mantissa学院。
目前,该学院提供18项高等教育课程,拥有接近300名学生。
行家建议
针对这项收购计划,我们看法“中和”。
虽然我们看好该学院和文语控股的出版业务将产生协同效应,但也谨慎看待该项收购或会带来商业和执行风险,因这是一项新业务。
但这投资规模偏小、文语控股拥有强烈进取精神和亲力亲为的管理层团队,以及PMI教育的管理层将会留守阵营扩展业务,所以相信有助抵销这些风险。
据悉,文语控股无需进一步注入庞大资本扶持新业务,因PMI教育的核心营运,在去年就已达收支平衡。
该控股将会通过内部融资进行收购,并预计在今年末完成。
我们持续青睐于文语控股的强劲基本面和亲力亲为的管理层,但基于该股距离目标价格2.25令吉的上升空间有限,所以维持“守住”投资评级。
分析:安联星展研究 


Source: http://www.nanyang.com/node/709705?tid=462

Monday, June 29, 2015

BursaAnnouncement: HOMERIZ - Notice of Book Closure - 26/06/2015

HOMERITZ CORPORATION BERHAD

1) Bonus issue of 100,000,000 new ordinary shares of RM0.20 each in Homeritz Corporation Berhad ("HCB") ("Bonus Shares") to be credited as fully paid-up on the basis of one (1) Bonus Share for every two (2) existing ordinary shares of RM0.20 each held in HCB at 5.00 p.m. on 7 July 2015.
2) Issuance of 50,000,000 free warrants in Homeritz Corporation Berhad ("HCB") ("Warrants") on the basis of one (1) Warrant for every four (4) existing ordinary shares of RM0.20 each in HCB held at 5.00 p.m. on 7 July 2015.
Kindly be advised of the following :
1)    The above Company’s securities will be traded and quoted “[Ex-All]” as from: 3 Jul 2015
2)    The last date of lodgment : 7 Jul 2015
3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
        a)    Selling Broker to deduct <1/3>, of Selling Price against the Selling Client
        b)    Buying Broker to deduct <33.33%>, of Purchase Price against the Buying Client
        c)    Between Broker and Broker, the deduction of <1/3>, of the Transacted Price is applicable.
Remarks 1:- The Bonus Shares shall be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on the next market day following the Entitlement Date. The notice of allotment of the Bonus Shares will be issued and despatched to the entitled shareholders of HCB within four (4) market days after the listing of and quotation for the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad. This announcement is dated 23 June 2015.
Remarks 2:- The Warrants will be credited into the central depository system accounts of the entitled shareholders of HCB and notices of allotment will be issued and despatched to the entitled shareholders of HCB at the address as per the Record of Depositors of HCB within eight (8) market days from the Entitlement Date. Entitled shareholders of HCB are not required to take any action. The Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad within two (2) market days after the application for the quotation of the Warrants has been submitted to Bursa Malaysia Securities Berhad. This announcement is dated 23 June 2015.
Remarks 3): "Bursa Malaysia Securities Berhad would like to clarify that on the basis of settlement taking place on 8 July 2015 with bonus issue of HOMERIZ shares of RM0.20 each, any shareholder who is entitled to receive HOMERIZ bonus issue shares, may sell any or all of his HOMERIZ shares arising from the bonus issue beginning the Ex-Date (3 July 2015). 
For example, if Mr X purchases 200 HOMERIZ shares on cum basis on 2 July 2015, Mr X should receive 200 shares on 7 July 2015. As a result of the bonus issue, a total of 300 HOMERIZ shares will be credited into Mr X's CDS account on the night of 7 July 2015 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 300 on or after the Ex-Date ie from 3 July 2015 onwards."

Announcement Info

Company NameHOMERITZ CORPORATION BERHAD
Stock NameHOMERIZ
Date Announced26 Jun 2015
CategoryListing Circular
Reference NumberILC-25062015-00011

BursaAnnouncement: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PMI EDUCATION SDN BHD

SASBADI HOLDINGS BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN PMI EDUCATION SDN BHD
The Board of Directors of Sasbadi Holdings Berhad (“Sasbadi Holdings” or “the Company”) is pleased to announce that the Company has on 29 June 2015 entered into a share sale agreement ("SSA") with Chua Chong Keow, Amir Hamzah Bin Mohd Yusof and Norizan Binti Samausi to acquire 100% of the issued and paid-up share capital of PMI Education Sdn Bhd, comprising 1,000,000 ordinary shares of RM1.00 each, for a purchase price of RM2,600,000.00 only subject to the terms and conditions in the SSA (“Proposed Acquisition”).
Upon completion of the Proposed Acquisition, PMI Education Sdn Bhd will become a wholly-owned subsidiary of Sasbadi Holdings.
Please refer to the attachment for further details on the Proposed Acquisition. 
This announcement is dated 29 June 2015. 


Please refer attachment below.

Attachments



Announcement Info

Company NameSASBADI HOLDINGS BERHAD
Stock NameSASBADI
Date Announced29 Jun 2015
CategoryGeneral Announcement for PLC
Reference NumberGA1-29062015-00033