OTHERS The Media Shoppe Berhad (“TMS” or “the Company”) - Joint-Venture and Shareholders’ Agreement with ShenZhen Blephone Technology Co., Ltd.
THE MEDIA SHOPPE BERHAD

Type Announcement
Subject OTHERS
Description The Media Shoppe Berhad (“TMS” or “the Company”)
- Joint-Venture and Shareholders’ Agreement with ShenZhen Blephone Technology Co., Ltd.


1. INTRODUCTION

The Board of Directors of TMS is pleased to announce that the Company has on 9 December 2013 entered into a Joint-Venture and Shareholders’ Agreement (“JV Agreement”) with ShenZhen Blephone Technology Co., Ltd. (Company no. 440301104783083) having its principal business address at Room 403 & 404, Block B, Digital Building, Garden City, No. 1079, Nan Hai Road, Nan Shan District, Shen Zhen, China (“Lephone”) (“Proposed Joint Venture”).


TMS and Lephone, collectively be referred as the “Parties”.


The scope of the JV Agreement is as follows:-

(1) The Parties have decided to form a company (“the Proposed JV Company”) in Malaysia to distribute all products of Lephone (the “Business”). All payment terms in regards to the sale of the products of Lephone to the Proposed JV Company shall be on agreed terms between the Parties.


(2) Subject to the terms and conditions set out in the JV Agreement and the Schedules, the Parties are desirous of incorporating a company in Malaysia to be named “Lephone Asean Sdn. Bhd.”, to carry on the Business. The Proposed JV Company shall have an initial authorised share capital of RM500,000.00 divided into 500,000 ordinary shares of RM1.00 each.

2. details of the PROPOSED JOINT VENTURE

2.1 The Salient Terms of the JV Agreement

Board of Directors and Executive Committee of the Proposed JV Company

Unless otherwise agreed, during the currency of this Agreement the number of Directors of the Board of the Company (hereinafter referred to as "the Board") shall be two (2) or such other number as the Parties may mutually agree. Each of the Parties shall be entitled to appoint up to such respective number of Directors to the Board as follows. Provided that in the event that the Parties shall cease to hold shares in the agreed proportion, the composition of the Board shall at all times proportionately reflect the respective proportionate shareholdings of the Parties (as nearly as possible) in the capital of the Proposed JV Company:-


(i) one (1) director to be appointed by TMS;


(ii) one (1 ) director to be appointed by Lephone; and


(iii) a Managing Director of the Proposed JV Company shall be agreed and appointed by TMS and Lephone.


Termination


Any of the Parties shall be entitled to terminate this JV Agreement immediately by notice in writing to the other Parties if any of the events set out below shall occur. The said events are:‑

(i) if any other Party shall commit any material breach of any of his obligations under this JV Agreement and shall fail to remedy such breach (if capable of remedy) within sixty (60) days after being given notice by any other Party giving notice so to do; or

(ii) if any other Shareholder (whether nominee or otherwise) who is a corporation shall go into liquidation whether compulsory or voluntary (except for the purposes of a bona fide reconstruction or amalgamation) or if any other Party shall have an administrator or judicial manager or other like officer appointed or if a receiver or manager shall be appointed over any part of the assets or undertaking of any other Party.

2.2 Information on TMS

TMS was incorporated in Malaysia on 9 April 1996 under the Companies Act, 1965 as a private limited company and is principally engaged in the business of research and development and marketing of computer software and the provision of system networking support.

TMS has an authorised share capital of RM500,000,000 and issued and fully paid up share capital of RM87,018,289 comprising 870,182,890 ordinary shares of RM0.10 each.

2.3 Information on LEPHONE

Lephone was incorporated in the Republic of China on 1 July 2010 as a private limited company. It has an authorised share capital of RMB20,000,000 and issued and fully paid up share capital of RMB20,000,000.

Lephone is principally engaged in the business of research and development, manufacturing, processing, channel marketing, brand management and trading in information communication technology products, for example smart devices and its accessories.

The Director of Lephone is Huang Ming Quan.


The shareholder of Lephone is Huang Ming Quan.


3. JUSTIFICATION AND BASIS OF ARRIVING AT THE SHARES CONSIDERATION/ INFORMARTION ON THE ASSETS

3.1 Information on the Assets

coming....but slowly.... i stucked at 1.03.....

= no news...

OTHERS FRONTKEN CORPORATION BERHAD ("FRONTKEN" or "THE COMPANY") DISSOLUTION OF A DORMANT JOINT VENTURE COMPANY INCORPORATED IN THE STATE OF QATAR The Board of Directors of Frontken wishes to announce that it has been informed by Petroleum Technology Company WLL on 2 December 2013, following the completion of the administrative formalities, that Frontken Qatar WLL, a limited liability company incorporated in the State of Qatar, which is a joint venture between Frontken (Singapore) Pte Ltd (49%), a wholly owned subsidiary of the Company and Petroleum Technology Company WLL (51%) has been dissolved on 6 November 2013 by the Ministry of Economy & Commerce, Registration and Commercial Licenses Department, Qatar pursuant to Qatar Companies Law. Frontken Qatar WLL is a dormant company. The dissolution of Frontken Qatar WLL is not expected to have any financial impact on the earnings per share and net assets per share of Frontken Group for the financial year ending 31 December 2013. This announcement is dated 4 December 2013.

we as public shareholder`s shares are diluted with those ESOS, forcing me to sell ??

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1477505

ESOS again.....67cents.... so frequent of ESOS listing recently....

unfortunately, nobody goreng, too many quarter report released yesterday....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1473669

good report, -ve to +ve earnings....

quarter report delayed ?

quarter report will be out in this 28/29th....

if today can break 95 cents, it will break upper bollinger band....

entering bearish zone....

menteri besar selangor succed to take over syabas..?

technically, tms is looking good recently, rsi heading to overbought, macd crossed at 7 Nov and heading towards zero / +ve, doji is heading to bollinger upper band.....

200K bought transaction at 8 cents this morning....

this stock is not under their goreng list i think....

selling again this morning, should be the ESOS shares.... most probably the ESOS selling will end today....

i guess it right, after bought all shares at 0.085, later they top up the Q again at 0.085....

so it`s their game play...

when Sell Q is almost depleting for example at 0.085, later they will top up new Sell Q volume...

3 to 4 pm already sold 240mil shares....now buying back ?

hope so...

shooting bullet now....

need some positive news to push the price up, new contracts, etc.....

when is the listing date for the ESOS .....

TMS - OTHERS THE MEDIA SHOPPE BERHAD ("TMS" or “the Company”) - OFFER OF OPTIONS UNDER THE COMPANY'S EMPLOYEES SHARE OPTION SCHEME

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Company Name THE MEDIA SHOPPE BERHAD (ACE Market)
Stock Name TMS
Date Announced 1 Nov 2013
Category General Announcement
Reference No CA-131101-50870

Type Announcement
Subject OTHERS
Description THE MEDIA SHOPPE BERHAD ("TMS" or “the Company”)
- OFFER OF OPTIONS UNDER THE COMPANY'S EMPLOYEES SHARE OPTION SCHEME



Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the following offer of options has been made today, 1 November 2013, to eligible persons to subscribe for new ordinary shares of RM0.10 each in the Company (“Options”) under the Employees Share Option Scheme of the Company (“ESOS”).

Details of the Options offered to eligible persons of the Company are as set out as below:-

No. Description of Options offered under the ESOS



1. Date of Offer of the Options : 1 November 2013


2. Exercise Price of Options offered : RM0.10


3.Number of Options offered: 30,000,000


4. Market Price of the Company’s shares on Date of Offer : RM0.08


5. Number of Options offered to the Directors of the Company : None

6. Vesting period of the options offered : The Options are vested on the Date of Offer.

pantech employees are selling to lock in profit today....

Company Name PANTECH GROUP HOLDINGS BERHAD
Stock Name PANTECH
Date Announced 1 Nov 2013
Category Additional Listing Announcement (ALA)
Reference No CC-131030-A7062

1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type
and new class of securities? No
Types of corporate proposal ESOS
Details of corporate proposal EMPLOYEES' SHARE OPTION SCHEME
No. of shares issued under this corporate proposal 4,000
Issue price per share ($$) MYR 0.670
Par Value ($$) MYR 0.200
Latest issued and paid up share capital after the above corporate proposal in the following
Units 566,734,348
Currency MYR 113,346,869.600
Listing Date 04/11/2013

how contradict is this, before budget 2014, government was promoting MM2H to attract foreigner property ownership in Malaysia, now min. price purchase has become 1mil...

how low it could go, below 2 ?

but this selling is not scary enough to flush out bidder, if drop below 1ringgit, maybe many will run away.....

70% selling rate today.....what`s up......

this is their tactic... has been repeating similar pattern for past days / weeks.... price maintain around 8 to 9 cents only....

aikzz, this stock is not benefited from budget 2014.... really don`t know when only it will wake up....

who knows it is stingy... had been stucked during that one day show, thought high volume will follow after that one day show....

maybe, no catalyst to push its price....latest statement no big surprise.... but at least has growth in net profit .....

dia mau tidur berapa lama lagi.....

muntah beli muntah beli....

will this stock benefit from tomorrow budget 2014

not sure, that`s why asking here.... but i think ytl power will not be much affected as its power business is not concentrate in malaysia only.... diversified into a few countries .....

Any stocks will be benefited from tomorrow budget 2014 ?

besides TNB...

those negatively affected maybe sin stocks, property, and consumer due to higher tax / RPGT and GST implementation.

ya, not sure when it will wake up.....

buy and sell at 9 cents only.... what kind of show they are trying to show.....

resting today....next week may have surprise...

but luckily not too drastic....

before the previous 0.20 cent peak..... heavy accumulation occurred too ?

what happened guys.... super strong accumulation at 95cents....

maybe that`s why the 80/20 rule is applicable in stock market.... 20% of the people earned the 80% money.....

any rumours / news that it will fly soon...

for some stocks, there is rebound after heavy plunge..... for some other stocks, once plunge....it is the end of story..... or it took months / years to rebound slightly only.....