【TRIVE 0118 交流专区】（前名 ETITECH）

周梓杉

太阳能爆发力来了。。。。。。。。。。。

cycad

周梓杉 发表于 6-8-2013 04:22 PM
太阳能爆发力来了。。。。。。。。。。。

ETITECH已经没有任何投资价值了，剩下的都是投机客再炒股。
ETITECH的董事们很没有责任感，老早抛售完股票了。
不要在欺骗自己了。

周梓杉

不会让新人重组受惠吗?

weiwei205

周梓杉 发表于 10-8-2013 02:37 AM
不会让新人重组受惠吗?

愿闻其详，我手上还有两百粒

icy97

ETI 科技遭渣打银行起诉

财经新闻 财经  2013-08-13 12:27
（吉隆坡12日讯）ETI科技（ETITech，0118，主板科技股）与子公司因拖欠贷款多时，遭大马渣打银行（Standard CharteredBank）入禀槟城高庭起诉和索偿逾805万令吉。

ETI科技向马交所报备，渣打银行分别点名ETI科技私人有限公司（简称ETI-M）和身为公司担保的ETI科技为答辩方。

渣打银行要求ETI-M偿还截至今年5月杪的透支账户欠款503万3557.46令吉和附加利息，以及拖欠的92万9490美元的出口押汇和附加利息。

此外，银行也要求答辩方承担堂费。

据悉，ETI-M正积极与渣打银行协商。

ETI科技表示，本身和ETI-M已入账这笔款额，所以对公司财务没有影响，诉讼案亦不影响公司营运。

不过，公司可能需承担其中附加利息、堂费等。[南洋网财经]

Type	Announcement
Subject	MATERIAL LITIGATION
Description	ETI TECH CORPORATION BERHAD (“Etitech” or “the Company”) Writ of Summon and Statement of Claims filed by Standard Chartered Bank Malaysia Berhad (“Standard Chartered” or “the Plaintiff”) VS 1) ETI Tech (M) Sdn Bhd (1st Defendant) 2) the Company (2nd Defendant)
The Board of Directors of Etitech wishes to announce that ETI Tech (M) Sdn Bhd (“ETI-M”), a wholly-owned subsidiary of Etitech and the Company as Corporate Guarantor, had on 12 August 2013 been served with the Writ of Summon and Statement of Claims both dated 31 July 2013, issued by Penang High Court in relation to the claims filed by Standard Chartered through a firm of lawyers acting on behalf of the Plaintiff. The Penang High Court had fixed the matter for Case Management on 29 August 2013. According to the Statement of Claims, Standard Chartered had through a firm of lawyers acting on its behalf issued letter dated 07 January 2013 to ETI-M demanding to regularize the excess in the overdraft account in the sum of RM4,358,234.37 and to settle the outstanding sum of USD929,490.00 under Export Bills as at 31 December 2012 and subsequently another letter dated 06 June 2013 to ETI-M recalling the facilities and demanding payments of all sums due and owing and thereafter, another letter dated 17 June 2013 to the Company demanding the payment of the outstanding sums due and owing under the facilities. Standard Chartered filed the Writ of Summon with Penang High Court as ETI-M and the Company have failed to pay the outstanding sums demanded. Particulars of claim and circumstances leading to filing of the Writ of Summon dated 31 July 2013 The Plaintiff seeks against ETI-M and the Company for the following : 1) The sum of RM5,033,557.46 being the overdraft facility amount owing by ETI-M as at 31 May 2013; 2) Interests on the sum of RM5,033,557.46 at the rate of the Plaintiff’s Base Lending Rate (a fluctuating rate which is currently at 6.60% per annum) + margin of 1% per annum + default rate of 1% per annum, from 01 June 2013 until the date of full settlement; 3) The sum of USD937,918.92 being the Export Bills amount owing by ETI-M as at 31 May 2013; Interests on the sum of USD915,000.00 at the rate of the Plaintiff’s Foreign Currency Cost of Fund at 0.9% per annum + margin of 1.5% per annum + default rate of 1% per annum, from 01 June 2013 until the date of full settlement; 4) Costs on a solicitors and client basis; and 5) Such further and/or other relief as the Court deems fit. Financial & Operational Impact The amount had been accounted for in the Company’s and ETI-M’s accounts as such there is no further financial impact on the Group. The litigation will not have any operational impact on Group. Expected losses to the Group, if any Save for the amount that have already been provided, ETI-M and the Company are exposed to the claim, interests and legal expenses. ETI-M is in the midst of negotiation with Standard Chartered and the Company will announce further developments on the above matter as and when necessary. The Company will be appointing a lawyer for case management. This announcement is dated 12 August 2013.

icy97

ETI科技1658萬採購原料合法

大馬  2013-08-17 11:23
（吉隆坡16日訊）ETI科技（ETITECH,0118,主板科技組）2012財政年總值1千658萬令吉原料採購項目疑雲已經解開，相關交易實屬合法，但管理層仍將採取行動向賣家追回相關款項。

該公司發文告表示，BDO監管諮詢私人有限公司在評估和觀察採購過程侯，總結公司以1千658萬令吉向FlexiPower私人有限公司（FPSB）採購原料交易實屬合法。

因此，董事部已採納BDO報告點出的公司弱點，並採取行動糾正集團財政和行政管理問題，以及向FPSB發出法律文件要求歸還相關付款，因為相關採購在無法通過公司的品質管理情況下已回退至FPSB。

同時，ETI科技也尋求進一步法律諮詢，以採取行動追回相關款項，但預見相關報告不會對集團財政表現和營運帶來影響。

ETI科技是在今年3月委任BDO監管諮詢私人有限公司，重新檢討截至2012年8月31日止財政年未稽查財報總值1千600萬令吉的原料採購項目的相關疑慮。（星洲日報／財經）

ETI TECH CORPORATION BERHAD

Type	Announcement
Subject	OTHERS
Description	ETI TECH CORPORATION BERHAD (“ETITECH” or “the Company”) COMPLETION OF REPORT BY BDO GOVERNANCE ADVISORY SDN BHD
(Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the announcement dated 19 March 2013 and 02 August 2013 in relation to the Appointment of BDO Governance Advisory Sdn Bhd (“Announcements”)) Reference is made to the Announcements and the Emphasis of Matters in the External Auditor’s Report in the Audited Financial Statements of the Company issued on 01 August 2013. The Board of Directors of ETITECH wishes to announce that BDO had issued the report on the specific concerns of the Board in relation to the procurement of raw materials (“Report”). As a result of the procedures performed by BDO and the observations made, BDO had drawn a conclusion that the procurement of raw materials from Flexi Power Sdn Bhd (“FPSB”) amounting to RM16.58 million appear to be valid transactions, albeit transacted in a poorly controlled manner. The Board took note of the weaknesses observed by BDO and steps will be taken immediately to rectify the Group’s financial and administrative management. Nevertheless, the Board had issued legal notices to recover the payments made to FPSB in respect of the raw materials purchased which were subsequently returned to FPSB after having failed quality control checks. The Board also wishes to inform that the Company will seek further legal advice on its next course of action to recover the monies paid to FPSB in respect of the raw materials purchased which were subsequently returned to FPSB. The said prepayment amounting to RM16.58 million had been impaired in the Annual Audited Financial Statements of the Company for the financial period ended 28 February 2013. Despite above, the results of the Report will not have any impact on the financial performance and operation of the Group. This announcement is dated 16 August 2013.

icy97

icy97 发表于 2-7-2013 09:44 PM
Prior to 1.9.2011, Power Mac has not yet commenced operations

The turnover of Power Mac for ...

Type	Announcement
Subject	OTHERS
Description	ETI TECH CORPORATION BERHAD (“ETITECH” OR THE “COMPANY”) REPLY TO THE QUERIES FROM BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) DATED 01 JULY 2013 PROPOSED DISPOSAL OF A WHOLLY-OWNED INDIRECT SUBSIDIARY TO MUSYARAKAH EQUITY VENTURE SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM5,878,000.00 (“PROPOSED DISPOSAL”)
(Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the announcements dated 28 June 2013 and 02 July 2013 in relation to the Proposed Disposal) With reference to the announcement dated 02 July 2013 and in particular, the reply to query numbered 6 (“Q6”), the Directors of ETITECH wish to inform that the financial information stated under FPE 28.02.2013 should be “unaudited” instead of “audited”. The audited financial statements of Power Mac was issued on 31 July 2013. The amended Q6 reads as follows: Q6.   The audited financial information for past 3 years and the latest interim results, if available, stating turnover, profit before tax and profit after tax and minority interest of Power Mac. Where there is any material fluctuation in turnover or profits in any of the years, the explanation for the fluctuation.    --------- Audited ------- Unaudited Audited FYE 31.08.2010 (RM) FYE 31.08.2011 (RM) FPE 28.02.2013 (RM) FPE 28.02.2013 (RM) Turnover - - 63,340,747 63,340,747 (Loss)/Profit before tax (4,120) (6,682) (5,372,503) (20,983,503) (Loss)/Profit after tax (4,120) (6,682) (5,482,708) (20,983,503) (Loss)/Profit after tax and minority interest (4,120) (6,682) (5,482,708) (20,983,503) The reconciliation between the unaudited and audited figures for FPE 28.02.2013 are summarized below: Unaudited FPE 28.02.2013 (RM) Adjustment (RM) Audited FPE 28.02.2013 (RM) (Loss)/Profit before tax (5,372,503) (15,611,000)N1 (20,983,503) Taxation (110,205) (110,205)N2 - (Loss)/Profit after tax (5,482,708) (20,983,503) Note :- N1 – Provision of doubtful debts N2 – Audited journal entries on deferred taxation This announcement is dated 22 October 2013.

icy97

債權人禁採法律行動 ETI科投專注財務重組

財經30 Oct 2013 23:45
（吉隆坡30日訊）莎阿南高庭向ETI科投（ETITECH，0118，創業板科技股）債權人發出90天禁令，禁止對該公司採取法律行動。

ETI科投向馬證交所報備，莎阿南高庭禁止債權人，採取法律行動。

根據報備文件，該公司的業務正經歷嚴重放緩，因為延遲實現計劃，及處于PN1行列。

該公司指出，上述禁令將讓集團無需為了法律事務，轉移注意力和資源下，著重于財務重組。

ETI科投的獨資子公司ETI科投（大馬）私人有限公司（簡稱ETI-M）的債權人，即渣打銀行（Standard Chartered Bank）、豐隆銀行、馬銀行，以及馬銀行伊斯蘭銀行，已對該公司償還貸款展開法律程序。

報備文件指出，ETI科投正在研究重組計劃，改善財務狀況。

該公司將在適當時候宣布重組議案細節。

一旦成功實施重組計劃，該公司財務狀況料獲得改善，管理層將能夠集中精力加強和發展業務。[中国报财经]

Type	Announcement
Subject	MATERIAL LITIGATION
Description	ETITECH CORPORATION BERHAD (“ETITECH” or “the Company”) Restraining order under Section 176 (10) of the Companies Act, 1965
The Company wishes to announce that on 14 October 2013, the Shah Alam High Court has granted an order, inter alia, that all proceedings and/or actions and/or any further proceedings in any actions and/or commencement of any proceedings and/or actions and/or any intended proceedings against ETITECH and its wholly-owned subsidiary, ETI Tech (M) Sdn Bhd. (“ETI-M”) (collectively, “the Applicants”) including but not limited to winding up, execution, foreclosure, disposal of assets and/or arbitration proceedings as well as any proceedings and/or actions to be taken via the security or collaterals given by the Applicants to any banking institutions and/or creditors be forthwith restrained and stayed pursuant to Section 176 (10) of the Companies Act, 1965 for a period of 3 months (90 days) from the date of the order, except by leave by the Court and subject to such terms as the Court may impose.The sealed copy of Restraining Order was received by the Company on 29 October 2013. The Group’s businesses are experiencing a significant slowdown due to delay in realization of projects and is a PN1 status company pursuant to the Main Market Listing Requirements. The lenders of ETI-M namely Standard Chartered Bank Berhad, Hong Leong Bank Berhad, Malayan Banking Berhad and Maybank Islamic Berhad respectively has commenced legal proceedings against the Applicants for recovery of their debts. Nevertheless, the Group is working on a restructuring plan to strengthen its financial position. With the successful implementation of the restructuring plan, the financial position of the Group is expected to be improved and the management will be able to concentrate on strengthening and growing the business.The details of the proposed schemes of arrangement will be announced in due course. The Restraining Order will allow ETITECH to focus on formalizing the proposed schemes of arrangements unhindered without having to divert its attention and resources to defending and dealing with any proceedings and/or actions from the lenders and/or creditors. The Restraining Order is not expected to have any material impact on the financial and operational matters of ETITECH Group. This announcement is dated 30 October 2013.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/08/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/08/2013	31/08/2012	31/08/2013	31/08/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	10	33,694	145	48,223
2	Profit/(loss) before tax	-2,821	-8,738	-4,776	-8,391
3	Profit/(loss) for the period	-2,821	-8,332	-4,776	-7,985
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,759	-8,332	-5,342	-7,985
5	Basic earnings/(loss) per share (Subunit)	-0.40	-1.18	-0.69	-1.13
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 ($$)	0.0700		0.0700

icy97

彭昭发受委ETI 科技执董

财经新闻 财经  2013-11-01 10:46
（吉隆坡31日讯）本地电池充电系统业者———ETI科技（ETITech，0118，主板科技股），委任升利吉科技（SANICHI，0133，创业版）董事经理拿督彭昭发为执行董事。

ETI科技向马交所报备，在塑料模具领域拥有超过20年经验的彭昭发，从即日起被委任为ETI科技执行董事。[南洋网财经]

Date of change	31/10/2013
Name	Dato' Dr. Pang Chow Huat
Age	40
Nationality	Malaysian
Type of change	Appointment
Designation	Executive Director
Directorate	Executive
Qualifications	Please refer to "Remarks" below
Working experience and occupation	Please refer to "Remarks" below
Directorship of public companies (if any)	Sanichi Technology Berhad
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	Nil

Remarks :

Dato' Dr. Pang Chow Huat was confererred a Doctor of Philosophy in Design Technology from the InterAmerican University, Washington D.C. in December 2005. He has more than 20 years of experience in precision engineering in the plastic mould and tool industry as he began his career in 1991 as an apprentice with a local company specializing in the fabrication of plastic moulds and dies as well as plastic injection moulding. In 1996, with his in-depth knowledge in plactic moulding and fabrication, he founded Sanichi Precision Mould Industries, specializing in the servicing and repairs of moulds and tools. In year 2000, he established Sanichi Precision Mould Sdn. Bhd. ("SPMSB" ) and ventured into the design, engineering and fabrication of plastic mould products through Research and Development ("R&D"). He also the initiator for many of the in-house developed solutions in SPMSB, which is attributed to his hands-on technical know-how garnered in his years of working in the industry. He is presently the Managing Director of Sanichi Technology Berhad which responsible for the overall strategic and direction of the group as well as client relationship management.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/11/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/11/2013	30/11/2012	30/11/2013	30/11/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	1,987	514	2,432	72,270
2	Profit/(loss) before tax	-2,687	-13,347	-8,366	-20,343
3	Profit/(loss) for the period	-2,687	-13,347	-8,366	-19,937
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,687	-13,347	-8,366	-19,937
5	Basic earnings/(loss) per share (Subunit)	-0.38	-1.89	-1.18	-2.82
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		0.0700

Mexicools

这两天竟然起了RM0.02，有什么好消息哦？还是大鳄来了？

icy97

私配10%新股 ETI 科技冀筹706万

财经新闻 财经  2014-02-19 10:09
（吉隆坡18日讯）ETI科技（ETITech，0118，主板科技股）建议，私下配售高达7062万7200股新股或不超过10%股权，最高或筹集706万令吉。

该公司向马交所报备，将以ETI科技股价5天成交量加权平均市价（VWAMP），不超过10%折价作准。

假设参照价为每股10仙，意味着比该公司过去5天成交量加权平均市价的2.67仙，溢价36.43%。

该公司指出，所筹集的资本将用作共组资本和进行私下配售活动的费用。

ETI科技说，私下配售活动可更快速的为公司筹得工作资本，而且较银行贷款节省成本。完成私下配售活动后，扩大后股本将加强公司资产负债表和改善流动率。

排除不可预计因素，上述活动料于今年上半年内完成。【南洋网财经】

ETI TECH CORPORATION BERHAD

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	ETI TECH CORPORATION BERHAD (“ETI TECH” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 70,627,200 NEW ORDINARY SHARES OF RM0.10 EACH IN ETI TECH (“ETI TECH SHARE(S)” OR “SHARE(S)”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY, TO INVESTOR(S) TO BE IDENTIFIED AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”)
On behalf of the Board of Directors of ETI Tech, Public Investment Bank Berhad wishes to announce that the Company proposes to undertake a private placement of up to 70,627,200 Placement Shares, representing up to ten percent (10%) of the issued and paid-up share capital of the Company, to investors to be identified at an issue price to be determined and announced later. The full text of this announcement pertaining to the Proposed Private Placement is attached herein. This announcement is dated 18 February 2014.

Attachments ETI Tech - Announcement_18Feb2014.docx

kiter

新股献议 0.10 , 目前股价0.075 是否可以买进。

2013 年亏损收窄 , Q4 业绩下周公布,如果没有好消息,那0.10的新股应该没有号召力。

各位怎么看?

Mexicools

kiter 发表于 19-2-2014 12:14 PM
新股献议 0.10 , 目前股价0.075 是否可以买进。

2013 年亏损收窄 , Q4 业绩下周公布,如果没有好消息,那 ...

我还在亏着，以前买的时候是RM0.80。。。。。。没勇气再跟他拼了！

icy97

ETI TECH CORPORATION BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	ETI TECH CORPORATION BERHAD (“ETITECH” OR “THE COMPANY”) PROPOSED DISPOSAL BY ETI TECH (M) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ETI TECH CORPORATION BERHAD, OF ITS ENTIRE EQUITY INTEREST HELD IN POWER MAC SDN. BHD. TO MUSYARAKAH EQUITY VENTURE SDN. BHD. FOR A TOTAL CASH CONSIDERATION OF RM5,878,000.00
The Board of Directors of ETITECH is pleased to announce that the disposal of the entire equity interest in Power Mac Sdn. Bhd. by its wholly-owned subsidiary, ETI Tech (M) Sdn. Bhd. to Musyarakah Equity Venture Sdn. Bhd. for a total cash consideration of RM5,878,000.00 has been completed on 24 March 2014. This announcement is dated 24 March 2014.

icy97

icy97 发表于 18-2-2014 11:54 PM
私配10%新股 ETI 科技冀筹706万

财经新闻 财经  2014-02-19 10:09

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	ETI TECH CORPORATION BERHAD (“ETI TECH” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 70,627,200 NEW ORDINARY SHARES OF RM0.10 EACH IN ETI TECH (“ETI TECH SHARE(S)” OR “SHARE(S)”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY, TO INVESTOR(S) TO BE IDENTIFIED AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”)
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcements, where applicable, unless stated otherwise or defined herein.) Reference is made to the Company’s announcements made on 18 February 2014 and 25 February 2014 in relation to the Proposed Private Placement. On behalf of the Board of Directors of ETI Tech, Public Investment Bank Berhad wishes to provide additional information in relation to the Proposed Private Placement. Please refer to the attachment for details of the additional information. This announcement is dated 17 April 2014. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1596689

Attachments ETI Tech - Attachment - Additional Information.pdf

icy97

ETI 科技末季净亏收窄

财经新闻 财经  2014-04-23 11:36
（吉隆坡22日讯）归功于销售增加及金融成本减少，ETI科技（ETITECH，0118，主板科技股）截至2月杪末季净亏从上财年同期的3637万9000令吉，收窄至78万1000令吉。

末季营业额按年劲飙26.1倍，至257万3000令吉，上财年同期报9万5000令吉。

同时，末季每股盈利为1.61仙。

累积全年，该公司共净亏971万3000令吉，上财年则净亏5631万6000令吉。

现财年全年营业额按年暴跌93.1%，至500万5000令吉，上财年为7236万5000令吉。【南洋网财经】

SUMMARY OF KEY FINANCIAL INFORMATION 28/02/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		28/02/2014	28/02/2013	28/02/2014	28/02/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	2,573	95	5,005	72,365
2	Profit/(loss) before tax	1,139	-36,382	7,227	56,725
3	Profit/(loss) for the period	1,139	-36,379	-7,227	-56,316
4	Profit/(loss) attributable to ordinary equity holders of the parent	-781	-36,379	-9,713	-56,316
5	Basic earnings/(loss) per share (Subunit)	1.61	-51.51	-10.23	-79.74
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 ($$)	0.6100		0.7500

icy97

ETI TECH CORPORATION BERHAD

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	ETI TECH CORPORATION BERHAD (“ETI TECH” OR “COMPANY”) PRIVATE PLACEMENT OF UP TO 70,627,200 NEW ORDINARY SHARES OF RM0.10 EACH IN ETI TECH (“ETI TECH SHARE(S)” OR “SHARE(S)”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY (“PRIVATE PLACEMENT”)
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcements, where applicable, unless stated otherwise or defined herein.) Reference is made to the announcements dated 18 February 2014, 25 February 2014, 17 April 2014 and 6 May 2014 in relation to the Private Placement. On behalf of the Board of Directors of ETI Tech (“Board”), Public Investment Bank Berhad wishes to announce that the Board has on Wednesday, 14 May 2014 (“Price-fixing Date”) fixed the issue price of the 70,627,200 Placement Shares, at RM0.10 per Placement Share (“Issue Price”). The Issue Price represents a discount of approximately 7.41% to the five (5)-day volume weighted average market price of ETI Tech Shares up to and including 12 May 2014, being the market day immediately preceding to the Price-fixing Date, of RM0.1080 per ETI Tech Share. This announcement is dated 14 May 2014.

icy97

ETI TECH CORPORATION BERHAD

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	Private Placement
Details of corporate proposal	Private placement of up to 70,627,200 new ordinary shares of RM0.10 each in ETI Tech Corporation Berhad (“ETI Tech” or “Company”) (“Placement Shares”), representing up to ten percent (10%) of the issued and paid-up share capital of the Company (“Private Placement”)
No. of shares issued under this corporate proposal	70,627,200
Issue price per share ($$)	MYR 0.100
Par Value ($$)	MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units	776,899,200
Currency	MYR 77,689,920.000
Listing Date	20/05/2014