OTHERS PATIMAS COMPUTERS BERHAD (“PATIMAS” or “the Company”) i) Special Notice Pursuant to Sections 128 and 153 of the Companies Act, 1965 ii) Requisition of Extraordinary General Meeting ("EGM") of the Company to be Convened
PATIMAS COMPUTERS BERHAD
Type Announcement Subject OTHERS Description PATIMAS COMPUTERS BERHAD (“PATIMAS” or “the Company”) i) Special Notice Pursuant to Sections 128 and 153 of the Companies Act, 1965 ii) Requisition of Extraordinary General Meeting ("EGM") of the Company to be Convened
Subsequently, the Company had on 29 March 2013, received a letter from Messrs. Yoong & Partners, the Advocates & Solicitors acting for and on behalf of the Requisitionists confirming that the Requisitionists will not be pursuing their earlier intention to propose and move at the EGM (for which the Requisitionists had requisitioned) as per their notices dated 31 January 2013 the resolutions to remove certain directors of the Company from office or to appoint certain persons as Directors of the Company. The Requisitionists will also not require the Company to convene or to hold such EGM. Accordingly, on behalf of the Requisitionists, Messrs. Yoong & Partners confirmed that the notices are to be treated as having been withdrawn by the Requisitionists. In view of the said withdrawal by the Requisitionists, the Board is of the opinion that the cancellation of the EGM would not adversely affect the rights of the Requisitionists or any other shareholders of the Company and the Board believes that it is in the best interest of all parties that the EGM be cancelled.
This announcement is dated 29 March 2013.
The Board of Directors of PATIMAS wishes to announce that the Company had on 26 March 2013 and 28 March 2013, respectively received letters from Syawaras Sdn Bhd and CPE Growth Capital Limited (“the Requisitionists”) requesting that Mr Hew Tze Kok be nominated as director of the Company in place of Mr Lawrence Kwan Ho Ma.
Reference is made to the Company’s announcements dated 1 February 2013 and 18 February 2013, respectively.
Announcement Info Company Name PATIMAS COMPUTERS BERHAD Stock Name PATIMAS Date Announced 29 Mar 2013 Category General Announcement Reference No CC-130329-61908
OTHERS PATIMAS COMPUTERS BERHAD ("Patimas" OR "the Company") COMPLETION OF INVESTIGATIVE AUDIT REPORT BY UHY ADVISORY (KL) SDN BHD
PATIMAS COMPUTERS BERHAD
Type Announcement Subject OTHERS Description PATIMAS COMPUTERS BERHAD ("Patimas" OR "the Company") COMPLETION OF INVESTIGATIVE AUDIT REPORT BY UHY ADVISORY (KL) SDN BHD
The Board of Directors of Patimas wishes to announce that the Report of the Investigative Audit on the financial position of Patimas Group to identify any potential irregularities under the directive of Bursa Malaysia Securities Berhad has been completed and presented to the Board. The Board of Directors will seek the advice of the Company’s legal advisors before announcing the findings of the Investigative Audit Report and the next course of action to be taken. This announcement is made on 29 March 2013.
Announcement Info Company Name PATIMAS COMPUTERS BERHAD Stock Name PATIMAS Date Announced 29 Mar 2013 Category General Announcement Reference No CC-130329-62067
Date of change 01/04/2013 Name Robert Daniel Tan Kim Leng Age 56 Nationality Malaysian Designation Non-Executive Director Directorate Non Independent & Non Executive Type of change Resignation Reason Due to his other work and personal commitment which require his full attention. Details of any disagreement that he/she has with the Board of Directors No Whether there are any matters that need to be brought to the attention of the shareholders No Qualifications Masters of Business Administration from Southern Cross University, Australia Working experience and occupation Prior to his appointment on the board of Patimas, he was a Director of Patimas Business Solutions Sdn. Bhd., a subsidiary of Patimas, which he founded in 1987. Prior to that, he owned a company that provided various business application software for integrated accounting, payroll and stockbroking applications, which were implemented in many corporations in Malaysia and Singapore. Directorship of public companies (if any) Nil Family relationship with any director and/or major shareholder of the listed issuer Nil Any conflict of interests that he/she has with the listed issuer Nil Details of any interest in the securities of the listed issuer or its subsidiaries 10 ordinary shares
Announcement Info Company Name PATIMAS COMPUTERS BERHAD Stock Name PATIMAS Date Announced 29 Mar 2013 Category Change in Boardroom Reference No CC-130329-63179
Date of change 01/04/2013 Name Law Siew Ngoh Age 52 Nationality Malaysian Designation Non-Executive Director Directorate Non Independent & Non Executive Type of change Resignation Reason Due to her other work and personal commitment which require her full attention. Details of any disagreement that he/she has with the Board of Directors No Whether there are any matters that need to be brought to the attention of the shareholders No Qualifications Bachelor of Economics from Universiti Kebangsaan Malaysia Working experience and occupation Madam Law has more than 20 years of experience in the IT industry and is part of the pioneering team that built Patimas. In 1988 she joined Patimas Business Solution Sdn. Bhd., a subsidiary of Patimas, as the Finance Manager and subsequently rose to the rank of Group Financial Controller in 1992. Throughout her career with Patimas, she has played a key role in the management of the Group’s finance and business operations. Directorship of public companies (if any) Nil Family relationship with any director and/or major shareholder of the listed issuer Nil Any conflict of interests that he/she has with the listed issuer Nil Details of any interest in the securities of the listed issuer or its subsidiaries 30 Ordinary shares
Announcement Info Company Name PATIMAS COMPUTERS BERHAD Stock Name PATIMAS Date Announced 29 Mar 2013 Category Change in Boardroom Reference No CC-130329-63661
Date of change 01/04/2013 Name Dato' Ng Back Heang Age 59 Nationality Malaysian Designation Non-Executive Director Directorate Non Independent & Non Executive Type of change Resignation Reason Due to his other work and personal commitment which require his full attention. Details of any disagreement that he/she has with the Board of Directors No Whether there are any matters that need to be brought to the attention of the shareholders No Qualifications i) Member of British Computer Society ii) Fellow of the Association of International Accountants, United Kingdom Working experience and occupation i) Country Manager, Local IT Company (1984-1992) ii) Ship Repair and Builder Company (1975-1984) Directorship of public companies (if any) Nil Family relationship with any director and/or major shareholder of the listed issuer Nil Any conflict of interests that he/she has with the listed issuer Nil Details of any interest in the securities of the listed issuer or its subsidiaries Direct interest of 73,160 ordinary shares Indirect interest of 2,787,300 ordinary shares
Announcement Info Company Name PATIMAS COMPUTERS BERHAD Stock Name PATIMAS Date Announced 29 Mar 2013 Category Change in Boardroom Reference No CC-130329-63880
Old Board members has/will be replaced by new members.Therefore EGM not required.Moving forward,the new board must announce what are their business plan soon.Wait till then.
Don't play danger game. Buy Alam & Perdana and treat it as fixed deposit. Go and eat MAMEE and have vacation for 6 months. You will be surprised after 6 months.
The news was announce in Bursa web on Friday. Should be consider good news but not like Tiger. The Tiger board director don't want to resign. But Patimas 3 board director was resign due to not perform well.
NExt week may make all of us get surprise either clear above 4 cent or below 3 cent ..The factors as below:
Positive sign. i)Patimas positive fundemetal push it up. ii)Malaysia market may keep pushing till level 1710 .
Negative sign. i)GE is near may slow down the market . iiKLCI reach to overbought teritory and may pullback below 1650. iii)North Korean war treat and may strike a war with US and South Korean in anytime.. iv)European problem. v)US market already reach to overbought teritory..
For my opinion malaysia market is limited for upside.It may slowdown and pullback ...But is no surprise for individual counter such as Patimas shoot to top if good fundemetal..
Anywhere take care and good luck...For me i would not buy any shares at this moment until GE...Invest on your own risk ..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
simon84
7,147 posts
Posted by simon84 > 2013-03-27 09:34 | Report Abuse
haha