【SCN 0135 交流专区】斯康联合

icy97

斯康联合2股东 下月开特大罢免董事

财经新闻 财经  2015-09-03 08:17
（吉隆坡2日讯）斯康联合（SCN，0135，创业板）两名联合持有10.59%股权的股东，将在下月9日自行召开特大，寻求罢黜和委任新董事。

根据文告，由于公司并未在期限内召开特大，持股约5.5%的拿督诺毕，今日联同另一股东胡申奥斯曼，援引第144（3）条公司章程，在下月9日召开特大，地点为吉隆坡TheZON酒店。

同时，两人也邀请斯康联合主席米嘉伊斯迈阿末，担任特大的主席。

诺毕与胡申奥斯曼将在召开特大之前的两周，准备好相关议案，并派发给其他股东。

早前，诺毕和胡申奥斯曼要求召开特大，罢黜4名董事，即米加伊斯迈、麥绍伟（译音）、拿督尼伊斯迈和乐乔治。

同时，两人也寻求委任诺毕、努鲁胡达、诺拉扎尼和西蒂莎拉，入驻董事部。

值得注意的是，诺毕在7月1日，以私人理由辞去总执行董事职位。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	SCAN ASSOCIATES BERHAD ("SCAN" OR THE "COMPANY")-        NOTICE TO CONVENE EXTRAORDINARY GENERAL MEETING ("EGM")
The Company had received a notice to convene an EGM (“Notice of Requisition”) dated 1st September 2015 from Jeff Leong, Poon & Wong, solicitors acting on behalf of their client, Dato’ Dr Norbik Bashah bin Idris, a substantial shareholder of the Company, pursuant to Section 144(3) of the Companies Act, 1965 on even date. The Notice of Requisition is as per attached.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4855381

Attachments Notice Requisition 01092015.pdf

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Type	Announcement
Subject	MATERIAL LITIGATION
Description	Scan Associates Berhad ("The Company")-Material Litigation
The Company wishes to announce that we were served with a Writ and Statement of Claim filed by Mr. Mak Siew Wei. The Company is sued alongside Dato’ Dr. Norbik Bashah bin Idris Hussin bin Othman Yeoh Eng Kong Woon Yong Hin Woon Yong Teai Woon Yong Leong Woon Yong Hao This Statement of Claims alleges amongst others, the 7 individuals had breached section 218 (2) of the Capital Markets and Services Act 2007 and Section 9 (1) of the Take-Overs and Mergers Code. The company also wishes to emphasise that no relief is sought against the company. This announcement is dated 17th September 2015.

Type	Announcement
Subject	MATERIAL LITIGATION
Description	SCAN ASSOCIATES BERHAD (SCAN OR THE COMPANY)-        Material litigation
With reference to the Company’s announcement on 17 September 2015, the Company wishes to provide further information on the Statement of Claim, as below:- The Plaintiff, Mr. Mak Siew Wei (Shareholder/Director) has sued Dato’ Dr. Norbik Bashah bin Idris (“Norbik”), Hussin bin Othman (“Hussin”), Yeoh Eng Kong, Woon Yong Hin, Woon Yong Teai, Woon Yong Leong and Woon Yong Hao (“The 7 Individuals”) on the basis that The 7 Individuals acting in concert had through an agreement, arrangement and/or understanding acquired and hold in aggregate 36.03% of the total issued shares of the Company.  The 7 Individuals is alleged to have breached Section 218(2) of the CMSA and Section 9(1) of the Take-Overs and Mergers Code (“The Code”) by failing to make a Mandatory Offer (“MO”) to the remaining shareholders, including the Plaintiff. The Plaintiff alleges that:- (i)                   On 30 June 2015, Norbik had informed the Chairman of the Company that Norbik has the support of Yeoh Eng Kong, amongst other shareholders, to remove the whole Board if the existing Directors do not resign voluntarily. (ii)                 The 7 Individuals had unlawfully conspired with other parties unknown at this point in time to cause damages to the Plaintiff (or alternatively as joint tortfeasors) through the following means:- a.       Agreeing and cooperating to obtain Control (as defined in the CMSA) of the Company; b.       Hussin had intentionally concealed his substantial interest in the Company by delaying in filing of Form 29A for almost a year; c.        Norbik and Hussin had requisitioned an Extraordinary General Meeting  (“EGM”) on 23 July 2015, for the purposes of removing all existing Directors and appointing Norbik and 3 other Senior Management of the Company despite not having complied with Section 13(1) of the Code (“Requisition for EGM”) d.       The requisition for the EGM by Norbik and Hussin is for the improper purpose of controlling and influencing the ---Board of Directors of the Company. The Plaintiff claims that he had suffered damages as the MO was not made by The 7 Individuals. The Plaintiff also claims that he had incurred expenses to reveal the alleged arrangements of The 7 Individuals which is still continuing. The Plaintiff claims for the following relief: -          A declaration that The 7 Individuals are Persons Acting In Concert to obtain control of the Company; -          A declaration that The 7 Individuals had breached Section 218(2) of the CMSA and Section 9(1) of the Code; -          A declaration that the Requisition for EGM is null and void; -          An order for The 7 Individuals or anyone of them to undertake a MO or alternatively, all the shares of The 7 Individuals of the Company to be vested with the Securities Commission Malaysia; -          Damages and costs As at the date of this Announcement, the Company had: -          Appointed Solicitors to advise the Company for its next course of action; and -          Lodged a complaint with the Securities Commission against The 7 Individuals including but not limited to the Plaintiff’s allegations.

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斯康联合罢黜CFO

财经新闻 财经  2015-10-14 13:37
（吉隆坡13日讯）斯康联合（SCN，0135，创业板）宣布，罢黜财务总监努鲁胡达，周一（12日）起生效。

根据文告，公司在昨日已终止努鲁胡达的职务，但当中并未宣布相关原因和详情。

努鲁胡达是斯康联合2名联合持有10.59%股权股东，早前有意委任入驻董事部的人选。

在7月24日，公司股东胡申奥斯曼和拿督诺毕，计划召开股东特大及罢黜4名董事，分别是米加伊斯迈、麥绍伟（译音）、拿督尼伊斯迈和乐乔治。

同时，委任4名董事，即努鲁胡达、诺毕、诺拉扎尼和西蒂莎拉入驻。

值得注意的是，诺毕是斯康联合的前总执行董事，他当时以私人理由辞去职位。

房产业务或违规

斯康联合因产业发展业务有可能出现违规行为，并牵涉到前董事、高层和相关公司的利益，因而被市场聚焦。

而且，马交所也曾指出，公司2014年业绩出现问题，因而发出指示，要把公司列入GN3行列。

与此同时，公司董事部也爆发纷争，屡屡有董事要召开特大，罢黜其他董事。【南洋网财经】

Date of change	12 Oct 2015
Name	CIK NURUL HUDA BINTI ZAHAROL NATRAR
Age	43
Nationality	Malaysia
Type of change	Removed
Designation	Chief Financial Officer
Reason	The Company wishes to announce the immediate termination of the SCAN CFO, Nurul Huda binti Zaharol Natrar with immediate effect.This announcement is dated 13th October 2015
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 shareholders	No
Qualifications	Degree in Accountancy, Northern University of Malaysia
Working experience and occupation	(i) Senior Manager in the department of Corporate Finance in Naza group of companies (2006-2009)(ii) Assistant Vice President in the department of Consumer Banking in CIMB Bank (2005-2006)(iii) Financial Controller in Exxon Mobil-Atos Origin services (M) Sdn. Bhd.(iv) Group Accountant in Hwang DBS Securities Berhad (1997-2004)(v) Auditor in KPMG Peat Marwick (1995-1997)

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指违反责任导致损失 斯康联合诉2高层索偿

财经新闻 财经  2015-11-04 12:42
（吉隆坡3日讯）斯康联合（SCN，0135，创业板）起诉前总执行长拿督诺毕，以及前财务总监努鲁胡达，称两人任职期间违反义务和责任，导致公司损失。

努鲁胡达在上月12日被罢黜财务总监，但未宣布相关原因和详情；诺毕是在7月1日以私人理由辞去职位。

诺毕持有公司1100万股，或5.5%股权，胡申奥斯曼则持股1017万股，或相等5.09%股权。

文告中表示，诺毕在3月7日，和斯康顾问服务有限公司（SCSSB），签署总值1300万令吉的合约，紧接在同月20日，再签另一份总值550万令吉的合约。

其中有227万付给了SCSSB，另预支133万令吉的开支和启动费用予第三方，而这总和360万令吉的款项，至今还没有追回。

滥用信用卡

此外，公司也指控诺毕滥用公司信用卡于个人用途，刷了4万7900令吉的款项，且在在离职前也没归还属于公司的电脑。

对此，该公司向诺毕、努鲁胡达以及SCSSB，求偿360万，另再向前两者多求偿4万7900令吉。

斯康联合早前产业发展业务有违规行为，并牵涉到前董事、高层和相关公司的利益，因而被市场聚焦。

而且，马交所也曾指出，公司2014年业绩出现问题，因此要把公司列入GN3。

爆纷争罢黜董事案

与此同时，斯康联合董事部也爆发纷争，屡屡有董事要召开特大，罢黜其他董事。

早前，诺毕和胡申奥斯曼在7月24日召开特大，罢黜4名董事，即米加伊斯迈、麦绍伟（译音）、拿督尼伊斯迈和乐乔治，同时委任4名董事，即努鲁胡达、诺毕、诺拉扎尼和西蒂莎拉入驻。【南洋网财经】

Type	Announcement
Subject	MATERIAL LITIGATION
Description	SCAN ASSOCIATES BERHAD (SCAN OR THE COMPANY)-        Material litigation
Announcement for claim against ex CEO & ex CFO On 30.10.2015, the Company had filed a statement of claim in the High Court of Kuala Lumpur (Suit No: 22NCC-347-10-2015) (“The Suit”) against Dato Dr. Norbik Bashah bin Idris, the former CEO of the Company (ex CEO) , Nurul Huda Binti Zaharol Natrar, the former CFO of the Company (ex CFO) and SCAN Consulting Services Sdn Bhd (SCSSB) The ex CEO is a former director and shareholder of SCSSB who controlled and is still controlling SCSSB at all material times. In the Statement of Claims, the Company claims that the ex CEO and ex CFO had (amongst others):     a) breached their duties and responsibilities as principal officers of the Company and caused the Company to incur losses, and/or     b) conspired to cause losses to the company, the details of which are as follows.     i) Based on representations and inducements made by the ex CEO, the Company had entered into an agreement with SCSSB worth RM13M to the Company on 7 March 2014.              The Company had subsequent entered into another agreement with SCSSB worth RM 5.5M to the Company on 20.3.2014.     ii) Arising from the agreements signed and under the directions of the ex CEO the Company had;        a) Incurred RM2.27M in contract expenses which was invoiced to SCSSB        b) Advanced a total of RM1.33M in expenses and mobilisation fees to 3rd parties.        The above amounts totalling RM3.6M have not been recovered as at todate and were fully provided for in the Company’s accounts as at 30.6.2015.     iii) The ex CFO had misused the Company’s corporate credit card for personal use amounting to RM47,900 and that such misuse could not have occurred without the cooperation            of the ex CEO.     iv) The ex CEO has failed to return the Company’s laptop upon his resignation despite several reminders. The laptop contains confidential information and trade secret of the                    Company;     v) In furtherance to the conspiracy and upon the ex CEO’s discovery of the Company’s investigation, the ex CEO had caused the issuance of Requisition Notice (“Requisition”) on         23.7.2015 for an EGM, to remove all existing Directors (refer to the Company’s announcement date 24 July 2015 and 29 July 2015). Consequent to the above, the Company is claiming;     i) RM3.6M from the ex CEO, ex CFO and SCSSB  jointly and severally;    ii) RM47,900 from the ex CEO and ex CFO  jointly and severally;    iii) General damages as a result of the unlawful conspiracy between the ex CEO and ex CFO;    iv) A declaration that the ex CEO had breached his fiduciary duties towards the Company;    v) An order that the ex CEO pays general damages to the Company and that such damages be assessed by the Court;   vi) A declaration that the Requisition by the ex CEO dated 23.7.2015 is null and void.   vii) An order that the ex CEO, including his agents, representatives and proxies be prohibited from taking further action in relation to the Requisition . viii) A declaration that the request by the ex CEO dated 27.8.2015 and 1.9.15 for the record of depositors (ROD) of the Company is null and void.   ix) An order that the ex CEO, including his agents, representatives and proxies be prohibited from taking further action in relation to the request for the ROD.    x) An order that the ex CEO return the Company’s laptop.   xi) A declaration that the ex CFO has breached her duties and responsibilities   xii) An order that the ex CFO pays general damages to the company and that such damages be assessed by the Court. xiii) Against the ex CEO, ex CFO and SCSSB;        a) Interest at 5% p.a on the total damages from the date of filing the statement of claim up to full payment.        b) Cost on an indemnity basis and all subsequent costs.        c) Any other relief deemed fit by the Court. This announcement is dated 2 November 2015.

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Type	Announcement
Subject	MATERIAL LITIGATION
Description	SCAN ASSOCIATES BERHAD (SCAN OR THE COMPANY)-        Material litigation
The Company had received the following letters of demand: On 26 October 2015 from Celum France SCRL for an amount of USD104,015 (equivalent to approximately RM443,100) On 27 October 2015 from CSF Advisers Sdn Bhd for an amount of RM240,315. The demands are purportedly for services rendered, rental charges, software and goods delivered. A total of RM11,787 has been provided in the accounts in respect of these demands as at 30 June 2015. The Company is in the midst of verifying the validity of the claims and if determined to be valid, the Company shall commence negotiations for settlement with the respective parties. Should the claims be valid, subject to the said negotiations, the Group’s liabilities will be increased by approximately up to RM683,415 and consequently the profit and loss account will be reduced by up to the same amount.

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斯康聯合董事糾紛‧無落幕跡象

2015-11-29 09:29      
（吉隆坡28日訊）斯康聯合（SCN，0135，創業板科技組）董事紛爭似無落幕跡象，反而愈演愈烈；這家從事資訊安全的公司，究竟為股東創造甚麼價值？

該公司沒有很多資產，比較珍貴的可能是人力資本和上市地位。截至6月30日並無土地，其產業、廠房和配備值63萬7千令吉；有49萬令吉現金，淨負債達190萬令吉。

創辦人諾畢要求入局

這家小資本股的市值（以上週二計）達1千萬令吉，創辦人和前首席執行員為拿督諾畢，當初是從一項瑪拉工藝學院研發計劃而創建的公司。

年杪召開股東大會

諾畢在7月間試圖罷黜4名董事（包括大股東麥秀偉，譯音）的企圖受阻。今年杪，該公司將召開股東大會，而他將要求與其同一陣線的前首席財務員努魯胡達與另兩名公司資深僱員一起入局。

諾畢接受《The Edge》詢問時說：“我有信心股東會給我們機會，因為是我們創立公司，與客戶關係甚篤，最重要的是有轉虧為盈計劃。”

若進展順利，諾畢要引進新國際伙伴重振業務。

不過，麥秀偉受詢時，卻表明不讓諾畢重返董事部；截至今年3月27日，麥持股6.19%或1千238萬股。

諾畢持股5.89%。今年7月楊榮光（譯音）和胡先各持股5.29%和5.09%，其中胡先是聯合創辦人；楊持股增至7.79%，其動向自然備受矚目！

自諾畢6月呈辭，麥展開多項違反守紀指責，包括11月初起訴諾畢和努里胡達瀆職和令公司虧損360萬令吉，濫用公司信用卡衍生4萬7千900令吉個人開銷。諾畢也未歸還一台儲滿商業秘密的手提電腦。

麥說：“我不會無端作無憑據指控，這樣管理公司的方式，前景付之東流。”

該案將於12月中會審，交法庭裁決。

諾畢反駁，虧損為商業風險部份，且由董事部集體決策。

上述指控和諾畢離職令人疑團重重，諾畢表示離職是因不能與麥一伙同調。諾畢說，過去3年外資與土著持股未達標，因而失去很多大型政府合約。

麥表示外資持股的政府相關公司也獲合約，是否增加土著股權差別不大。這些年來，虧損續擴大！麥正努力對其GN3的狀況展開合理化計劃。（星洲日報／財經‧TheEdge專頁）

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2015	30 Sep 2014	30 Sep 2015	30 Sep 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	1,953	1,982	1,953	1,982
2	Profit/(loss) before tax	-379	203	-379	203
3	Profit/(loss) for the period	-379	55	-379	55
4	Profit/(loss) attributable to ordinary equity holders of the parent	-379	47	-379	47
5	Basic earnings/(loss) per share (Subunit)	-0.19	0.03	-0.19	0.03
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 ($$)	-3.1100		-2.9200

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Type	Announcement
Subject	OTHERS
Description	SCAN ASSOCIATES BERHAD ("SCAN" OR THE "COMPANY")
Reference is made to the Company’s announcements dated 24 July 2015, 29 July 2015, 2 September 2015, 17 September 2015, 18 September 2015, 2 October 2015, 9 October 2015 and 2 November 2015. On 24 July 2015, the Company had received a requisition to convene an extraordinary general meeting (“EGM”) for the proposed removal of four (4) directors of the Company and the appointment of four (4) other directors (“EGM Requisition”) under Section 151 from Dato’ Dr. Norbik Basha bin Idris’ (“Norbik”). Subsequently, the Company had also received on 12 October 2015 a request to move four (4) resolutions on the appointment of four (4) directors to the Board of SCAN that was to be tabled at the aforementioned EGM, to be tabled at the forthcoming Annual General Meeting (“Appointment Requisition”). With reference to the above, the Board of Directors of the Company are of the view that they are bound by law as well as the ongoing court cases not to accede to Norbik’s Appointment Requisition as follows:- 1.         Mr. Mak Siew Wei, a director of the Company, and as announced by the Company on Bursa Securities on 17 September 2015 and on 18 September, had filed a Suit against the Company and seven (7) individuals, including Norbik, on the basis that the seven (7) individuals acting in concert had through an agreement, arrangement and/or understanding acquired and hold in aggregate 36.03% of the total issued shares of the Company.  The 7 Individuals is alleged to have breached Section 218(2) of the CMSA and Section 9(1) of the Take-Overs and Mergers Code (“Code”) by failing to make a Mandatory Offer (“MO”) to the remaining shareholders, including the Plaintiff. The details are as disclosed via Mak Siew Wei’s statement of claim filed in the High Court of Kuala Lumpur (“Court”), on 14 September 2015 Suit No.22NCC-283-09/2015 (“Suit 1”). 2.         The Company had on 30 October 2015, filed a statement of claim in the High Court of Kuala Lumpur (Suit No: 22NCC-347-10-2015) against Norbik, the former Chief Executive Officer of the Company, Nurul Huda Binti Zaharol Natrar, the former Chief Financial Officer of the Company, as well as SCAN Consulting Services Sdn Bhd (“Suit”). In the Suit, the Company had prayed for the High Court of Malaya to declare that Appointment Requisition is null and void. The Company had also prayed for the Court to restrain Norbik and/or his agent to take any further steps to carry out the EGM Requisition. As the agenda in Norbik’s Appointment Requisition are substantially the same as the EGM Requisition, it renders the Appointment Requisition as “further steps” to carry out the EGM Requisition (“Suit 2”). 3.         Similarly, Norbik had also on 28 September 2015 filed an Originating Summons in the High Court of Kuala Lumpur, OS No. 24NCC-343-09/2015 against the Company and the Directors in relation to the EGM Requisition. Further details are as set out in the announcement by the Company on 9 October 2015 (“Suit 3”). 4.         As reflected by Suit 1 and Suit 2, the EGM Requisition and the Appointment Requisition are alleged to be illegal and being part of the unlawful conspiracy to injure the Company and its shareholders. The Company is bound by Section 132 of the Companies Act as well as Section 317A of the CMSA to protect the interests of the Company and its shareholders. The Company will not take part in the unlawful conspiracy and will vehemently challenge anyone who induce, impose and/or obligate the Company to do so. 5.         At the same time, any interruption, instruction, imposition and inducement from any party towards the Company to accede to the EGM Requisition and Appointment Requisition would amount to Contempt of Court, since the subject matters are now being litigated in the High Court via Suit 1, Suit 2 and Suit 3. This announcement is dated 2 December 2015.

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斯康聯合削減成本減虧

2015-12-22 10:35      
（吉隆坡21日訊）斯康聯合（SCN，0135，創業板科技組）捲入前首席執行員和聯合創辦人拿督諾彼巴沙引爆的董事部糾紛，希望通過成本削減努力，以爭取在截至2016年6月30日止財政年可以達到不盈不虧的表現。

該公司執行董事兼大股東之一的麥秀偉（譯音）在股東大會後表示，斯康聯合在設法削減營運成本。他持有該公司6.19%股權。

他說：“目前，公司業務尚在進行中，我們沒有計劃停止任何業務。重要的是要減少營運成本，如辦事處租金。之前，我們每月必須支付6萬令吉租金，而現在，我們租用的租金每月才介於3千至4千令吉之間。這是我們可以採取的一些措施。”

在今年7月24日，諾畢與該公司前董事胡申奧斯曼要求召開特別股東大會，以罷黜4名包括麥秀偉在內的董事。截至今年9月22日，諾畢持股5.89%。

斯康聯合在諾畢辭呈後，目前由執行委員會管理。

斯康聯合在今日的股東大會上，討論及通過2015財政年的財務報告。

法庭在12月16日發出指示，下令斯康聯合在2016年1月15日舉行特別股東大會，討論其餘6項議程，以及重新委任前董事，該公司持股7.79%的主要持股人楊榮光（譯音）受委為董事一事。

該公司在截至2015年6月30日的18個月內，蒙受虧損由210萬令吉增加至1千920萬令吉，主要是因為艱難的環境，導致發展開銷及應收款項吊賬總額達1千380萬令吉。

在截至2015年9月30日（2016財政年首季），該公司由盈轉虧37萬9千令吉，之前是獲得淨利4萬7千令吉。營業額也從2015財政年首季的198萬令吉下跌至195萬令吉。

斯康聯合在今年5月18日，被大馬交易所列入GN3陷困公司。根據條例，公司必須提呈重組計劃，以獲得大馬交易所批准，同時，在12個月內實施該項計劃。

該公司曾為阻止被列GN3而狀告大馬股票交易所，但失敗。

麥秀偉說，該公司是否會繼續提供資訊與通訊科技安全服務，主要取決於重組計劃，但是，他並沒有進一步透露相關詳情。

“我們還有5個月的時間，一旦時間到了，我們將會作出適當的公佈。”（星洲日報／財經）

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斯康联合委新首席执行员

财经  2016年01月08日
（吉隆坡8日讯）GN3公司－－斯康联合（SCN，0135，创业板）委任戴志豪（译音）为新首席执行员，即日生效。

今年40岁的戴志豪，毕业於新加坡南洋理工学院（NTU）材料工程系。目前身兼Arctiquator私人有限公司董事，以及dJava Factory私人有限公司的首席营运员和联合创办人。

除了上述两家科技公司，他也曾在2004年成立VibrantBridge私人有限公司，並担任董事经理至2009年。【东方网财经】

Date of change	08 Jan 2016
Name	MR TEH CHEE HOE
Age	40
Nationality	Malaysia
Type of change	Appointment
Designation	Chief Executive Officer
Qualifications	Nanyang Technological University (NTU), Singapore (1998)-Bachelor Degree in Materials Engineering
Working experience and occupation	(a) Silverlake System Pte Ltd as Programmer (1998-1999)(b) ExtendedSys Pte Ltd as Business Development Director (1999-2001)(c)  Konsortium Multimedia Swasta Sdn. Bhd. as Director (2001- 2004)(d) VibrantBridge Sdn Bhd as Managing Director/Founder (2004-2009)(e) Arctiquator Sdn Bhd as Executive Director (2008 - ongoing)(f) dJava Factory Sdn Bhd as COO/Co-Founder (2008 - ongoing)

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Date of change	08 Jan 2016
Name	ENCIK NIK KAMARUZAMAN BIN NIK MUSTAPHA
Age	40
Nationality	Malaysia
Type of change	Appointment
Designation	Chief Financial Officer
Qualifications	(a) University Malaya, Kuala Lumpur,       Bachelor In Accountancy (Honours) (b) Member of Malaysian Institute Of       Accountants as a Chartered Accountant  CA (M); MIA No.: 26730
Working experience and occupation	(a) Pantai Premier Pathology Services Sdn Bhd as Accounts Executive (March 1998 to February 2000)(b) Choo & Co Chartered Accountant as Audit Assistant (March 2000 to March 2002)(c) Pluto Airlines & Air Connection Travel LLC as Finance and Administration Manager (April 2002 to December 2003)(d) WANA Properties Sdn Bhd as Finance and Project Manager (February 2004 to September 2005)(e) Azmi & Co Building Services Sdn. Bhd, as Manager Finance (October 2005 to December 2007)(f) Telekom Malaysia Berhad as Assistant General Manager, Financial Management (December 2007 to November 2012)(g) Sapura Resources Berhad as Group Finance Manager, Aviation Business  (December 2012 to April 2014)(h) SCAN Associates Berhad as Group Finance Manager  (May 2014 - ongoing)

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阻止大股东任董事 斯康联合上诉失败

财经新闻 财经  2016-01-16 13:37
（吉隆坡15日讯）斯康联合（SCN，0135，创业板）上诉失败，该公司前总执行长拿督诺毕和前董事杨永康（译音），获准成为今日股东常年大会中的董事候选人，并获得通过。

该公司在昨天指出，该公司早前向吉隆坡高等法院上诉，试图阻止诺毕和杨永康在来临的股东大会中寻求任职董事职位，但最后被法院驳回，且必须支付每人1万令吉给两者。

诺毕和杨永康仍是该公司大股东成员，诺毕持有6.39%，而杨永康持有7.79%股权。

另外，高等法院也驳回希蒂莎拉的申请，他、前财务总监努鲁胡达和诺兰扎尼，不能在股东大会成为董事候选人。

削减成本精简业务

除了诉求被驳回，希蒂莎拉也必须支付1万令吉给斯康联合。

此外，在今日的股东大会后，麥绍伟向媒体指出，该公司正通过削减成本开支，同时将业务精简化，以回复公司财务至良好状况。

“在上个季业绩中，以纯业务来看，公司取得了微少的净利。

当然，我们还有很多困难要解决，然而这已显示公司的进步。”【南洋网财经】

Type	Announcement
Subject	MATERIAL LITIGATION
Description	SCAN ASSOCIATES BERHAD ("SCAN" OR THE "COMPANY")-        Material Litigation
1.         Court of Appeal (CA) Civil Appeal No.: W-02(NCC)(A)-28-01/2016 (Appeal 28) SCAN Associates Berhad  v  Yeoh Eng Kong [Kuala Lumpur High Court (KLHC) Originating Summons (OS) No.: 24NCC-434-12/2015 (OS 434)]             Order dated 16.12.2015 Notice of Appeal (NA) dated 18.12.2015 2.         CA Civil Appeal No.: W-02(NCC)(A)-29-01/2016 (Appeal 29) SCAN Associates Berhad  v  Dato’ Dr. Norbik Bashah bin Idris [KLHC OS No.: 24NCC-435-12/2015 (OS 435)]             Order dated 16.12.2015             NA dated 18.12.2015 3.         CA Civil Appeal No.: W-02(NCC)(A)-59-01/2016 (Appeal 59) SCAN Associates Berhad  v  Siti Sarah binti Zainal Abidin [KLHC OS No.: 24NCC-446-12/2015 (OS 446)] Order dated 4.1.2016 NA dated 5.1.2016             (collectively referred to as – “Appeals”) The Company’s Board of Directors (Board) refers to – a. the Appeals; and b. its previous announcements made in respect of those Appeals and its related KLHC matters. 2.         The Board wishes to announce that the Appeals were heard and disposed of this morning (14.1.2016) before the Court of Appeal (CA). The CA’s decision on the Appeals are as follows (CA’s Decision) – a. Appeals 28 and 29 (relating to OS 434 and OS 435) were dismissed with costs of RM10,000 for each appeal to be paid by the Company to the Respondents; and b. Appeal 59 (relating to OS 446) was allowed with costs of RM10,000 to be paid by the Respondent to the Company. 3.         Based on CA’s Decision - a. KLHC’s orders in relation to notices of nomination by Siti Sarah binti Zainal Abidin, Nurul Huda binti Zaharol Natrar and Nor Ramzani bin Abdul Rahim had been overruled and is therefore of no further effect; and b. KLHC’s orders in relation to notices of nomination by Mr. Yeoh Eng Kong and Dato’ Dr. Norbik are maintained. This announcement is dated 14 January 2016.

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不該錯！

2016-01-18 19:12      
斯康聯合（SCN，0135，創業板科技組）誤把馮京當馬涼，犯了不該犯的錯誤！

斯康聯合在上週五（1月15日）舉行了股東大會，股東在大會上駁回15萬6千令吉董事費，該公司執行董事麥兆偉在會後的新聞發佈會上，也確認此事。

惟，該公司較後在大馬交易所網站上公佈的會議結果，卻表示該項議案已通過，令人不解為何說法前後不一。

在經過求證後，該公司承認是人為疏忽所導致，並表示將會再發修改文告。

身為一家上市公司，就應該以公眾利益為主，要知道，股東都有知情權，所有公佈的結果，都必須經過多方審核，確定無誤後才發佈。

顯然，該公司在公佈會議結果時，並沒有顧慮到這點，在公佈時，也沒有再做最後確認，以致於犯下如此這般的“人為”錯誤。

斯康聯合與前首席執行員和聯合創辦人拿督諾彼巴沙的董事糾紛尚未落幕、該公司也未針對脫離GN3行列展開合理化計劃透露進一步詳情，又再度出現此等錯誤，讓人不免質疑董事部處理危機的手法。

該公司董事費遭到駁回，主要是因為股東認為比上個財政年的12萬8千267令吉多，雖然該公司由12月31日更換財政年至6月30日，並強調董事費是18個月的，惟股東們依然駁回該議案。

顯然，在該公司犯下了此錯誤後，出席投票的股東們應該都會慶幸自己有先見之明，連如此細微的錯誤都可以犯，董事費果然省得有理！（星洲日報／財經小品‧作者：劉玉萍）

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Date of change	19 Jan 2016
Name	MR TEH CHEE HOE
Age	40
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment
Qualifications	Nanyang Technological University (NTU), Singapore (1998)-Bachelor Degree in Materials Engineering
Working experience and occupation	(a) Silverlake System Pte Ltd as Programmer (1998-1999)(b) ExtendedSys Pte Ltd as Business Development Director (1999-2001)(c) Konsortium Multimedia Swasta Sdn. Bhd. as Director (2001-2004)(d) VibrantBridge Sdn Bhd as Managing Director/Founder (2004-2009)(e) Arctiquator Sdn Bhd as Executive Director (2008 ongoing)(f) dJava Factory Sdn Bhd as COO/CoFounder (2008 ongoing)

Date of change	19 Jan 2016
Name	MR MAK SIEW WEI
Age	40
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Executive Director
New Position	Executive Deputy Chairman
Directorate	Executive
Qualifications	BACHELOR DEGREE IN MANAGEMENT INFORMATION SYSTEM
Working experience and occupation	(i) MARVIC INTERNATIONAL (NY) LTD AS A BUSINESS DEVELOPMENT MANAGER (3 YEARS)(ii) ADVANCE INFORMATION MARKETING BERHAD AS AN EXECUTIVE DIRECTOR(iii) AT SYSTEMATIZATION BERHAD AS AN EXECUTIVE DIRECTOR(IV) NAKAMICHI BERHAD A NON-EXECUTIVE DIRECTOR

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股东大会议案结果逆转 斯康联合2董事没连任

财经新闻 财经  2016-01-20 10:04
（吉隆坡19日讯）斯康联合（SCN，0135，创业板）早前宣布“正式通过”的股东大会议程结果，如今出现大逆转，其中两名寻求重选的退休董事，并没能再次当选。
董事费也不通过

该公司今天发出修正版的文告表示，两名退休董事并没能在股东大会再次当选，因两人已决定不寻求连任。

这两名董事分别是拿督尼克伊斯迈和罗伊温斯顿乔治。

另外，寻求批准支付2015财年15万6000令吉董事费的议程，也在股东大会上被拒。

值得注意的是，斯康联合在上周五的文告，乃指三项议程都被全数通过。

人事变动

同时，该公司宣布委任郑志豪（译音）为执行董事。而执行董事麥绍伟（译音），则被调任为执行副主席。【南洋网财经】

Type of Meeting	Annual General Meeting
Indicator	Outcome of Meeting
Date of Meeting	15 Jan 2016
Time	11:30 AM
Venue	Level 4, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf and Country Resort, 47410 Petaling Jaya, Selangor
Outcome of Meeting	Pertaining to the earlier announcement on the outcome of the Adjourned 14th AGM held on Friday, 15th January 2016, the board of directors of SCAN Associates Bhd wishes to make amendment as per below. Tabled Resolutions                 Results / Outcome Ordinary Resolution 1 -              Against / Failed Ordinary Resolution 2 -              Withdrawn - Did not seek re-election Ordinary Resolution 3 -              Withdrawn - Did not seek re-election Ordinary Resolution 4 -              Passed / Carried Ordinary Resolution 5 -              Passed / Carried Ordinary Resolution 6 -              Passed / Carried Ordinary Resolution 7 -              Withdrawn - Overruled by the Court of Appeal (as announced 14th January 2016) Ordinary Resolution 8 -              Withdrawn - Overruled by the Court of Appeal (as announced 14th January 2016) Ordinary Resolution 9 -              Withdrawn - Overruled by the Court of Appeal (as announced 14th January 2016) Ordinary Resolution 10 -            Passed / Carried This announcement supercedes the earlier announcement on Friday 15th January 2016. This announcement is dated 18th January 2016.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2015	31 Dec 2014	31 Dec 2015	31 Dec 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	2,386	4,895	4,339	6,877
2	Profit/(loss) before tax	129	-1,099	-249	-896
3	Profit/(loss) for the period	129	-1,103	-249	-1,048
4	Profit/(loss) attributable to ordinary equity holders of the parent	129	-1,103	-249	-1,056
5	Basic earnings/(loss) per share (Subunit)	0.06	-0.55	-0.12	-0.52
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 ($$)	-3.0500		-2.9200

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斯康抵触GN3守则遭公开谴责　5董事被罚款

财经  2016年04月01日
（吉隆坡1日讯）斯康联合（SCN，0135，创业板）今日遭到大马交易所公开谴责，同时公司3名现任董事局成员及2名前任董事局成员，因违反大马交易所的创业板上市条例，被交易所开罚共35万令吉。

该5名被罚款的在职董事及前董事，分別为独立非执行主席密加尔伊斯迈（被罚款2万令

吉）、前首席执行员兼执行董事拿督诺比博士（被罚款15万令吉）、执行董事马修伟（译音）（被罚款15万令吉）、独立非执行董事拿督尼伊斯迈（被罚款2万令吉）以及前独立非执行董事拿督纳斯里（被罚款1万令吉）。

大马交易指出，斯康联合抵触了GN3守则的8.04（2）、9.03（1）、2.23（1）条文。

该公司是在去年2月27日宣布截至前年12月31日的第4季业绩时触犯8.04（2）条文，而9.03（1）则是该公司在公佈业绩后接获大马交易所列为GN3公司时，没有第一时间对外公开。

最后2.23（1）条例则是斯康联合否决大马交易所通知它必须在第一时间向外宣布GN3身份，反而起诉大马交易所有关举措。

大马交易所此前表示，斯康联合抵触了GN3守则的2.1（b）及（c）条文。其中2.1（b）是指上市之后，全年亏损相当或超出公司在该財政年结束时的股东基金。以及股东基金相等于缴足资本的50%或更低。

2.1（c）条文则是一家上市公司连续两年面对亏损，这亏损超出公司的股东基金；第2年的亏损，相等或超出第一年亏损的50%；在財政年结束时，公司的股东基金相等于缴足资本的50%或更低。【东方网财经】


BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS SCAN ASSOCIATES BERHAD AND FINES 5 DIRECTORS A TOTAL OF RM350,000

SCAN ASSOCIATES BERHAD

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded SCAN ASSOCIATES BERHAD (SCAN) and its 5 directors for breaches of the Bursa Malaysia Securities ACE Market Listing Requirements (ACE LR).  In addition, the 5 directors were fined a total of RM350,000.

SCAN was publicly reprimanded for committing the following breaches:-

No.	Breach
1.	Rule 8.04(2) of the ACE LR read together with paragraph 4.1(a) of Guidance Note 3 (GN3) which requires, amongst others, for a listed corporation to immediately announce to Bursa Malaysia Securities on an immediate basis upon triggering any of the Prescribed Criteria set out therein. SCAN had triggered the Prescribed Criteria of GN3 based on its fourth quarterly report for the financial year ended 31 December 2014 announced on 27 February 2015.  However, SCAN failed to make an immediate announcement that it was a GN3 Company and only made the First Announcement pursuant to GN3 on 19 May 2015.
2.	Rule 9.03(1) of the ACE LR which requires a listed corporation to make immediate public disclosure of any material information. SCAN had also failed to make an immediate announcement of Bursa Malaysia Securities’ directive dated 8 May 2015 requiring the company to make an immediate announcement pursuant to Rule 8.04 of the ACE LR.  The announcement was only made on 11 May 2015 at 10.27 p.m.
3.	Rule 2.23(1) which prescribes that Bursa Malaysia Securities may, from time to time, issue any instruction or directives to a listed corporation or its directors and such person must comply with the said instruction or directive. Despite the clear instruction / directive as well as engagements by Bursa Malaysia Securities with SCAN to make the First Announcement / disclosure that it was a GN3 Company immediately vide letter dated 8 May 2015, SCAN failed to do so.  Instead, SCAN had:- informed Bursa Malaysia Securities that it had not triggered any of the Prescribed Criteria in view that it had on 27 April 2015 changed its financial year end from 31 December to 30 June; and on 10 May 2015, proceeded to file a legal suit against Bursa Malaysia Securities for an injunction order to prevent Bursa Malaysia Securities from carrying out the directive and suspension in trading. Bursa Malaysia Securities had proceeded to classify SCAN as a GN3 Company on 18 May 2015 after the High Court dismissed the legal suit.

The directors of SCAN were publicly reprimanded and imposed with the following fines for breach of Rule 16.13(b) of the ACE LR where they had permitted knowingly or where they had reasonable means of obtaining such knowledge, SCAN to commit the breaches:-

No.	Name & Designation	Penalty Imposed
1.	Mejar Ismail bin Ahmad (Rtd) Independent Non-Executive Chairman Audit Committee member	Public Reprimand and fine of RM20,000
2.	Dato’ Dr. Norbik Bashah bin Idris Chief Executive Officer/Executive Director (resigned on 30 June 2015 and re-appointed as as a Non-Executive Director on 15 January 2016)	Public Reprimand and fine of RM150,000
3.	Mak Siew Wei Executive Director	Public Reprimand and fine of RM150,000
4.	Dato’ Nik Ismail bin Dato Nik Yusoff Independent Non-Executive Director Audit Committee Member	Public Reprimand and fine of RM20,000
5.	Dato’ Nasri Bin Nasrun Independent Non-Executive Director Audit Committee Chairman (resigned on 13 March 2015)	Public Reprimand and fine of RM10,000 (for breach of Rule 8.04(2) of the ACE LR only)

The finding of breach and imposition of the above penalties on SCAN and its directors were made pursuant to Rule 16.19 of the ACE LR upon completion of due process and after taking into consideration all facts and circumstances of the matter including the materiality of the breaches, impact of the breaches to SCAN and shareholders / investors and the role, responsibilities, conduct and involvement of the directors.

Bursa Malaysia Securities views the contraventions seriously as timely disclosure of material information is one of the fundamental obligations of listed companies to preserve and sustain market integrity and investor confidence.  In this instant, the information pertaining to classification / triggering of GN3 is crucial to the shareholders and investors towards facilitating informed investment decisions as it relates to the company’s financial condition and the consequences of being classified as a financially distressed company pursuant to GN3 including possible suspension and de-listing.

Bursa Malaysia Securities has reminded SCAN and its Board of Directors on their responsibility to maintain the appropriate standards of corporate responsibility and accountability to its shareholders and the investing public.

BACKGROUND

Based on SCAN’s fourth quarterly report for the financial year ended (FYE) 31 December 2014 (QR4/2014) announced on 27 February 2015, it had triggered 2 Prescribed Criteria of GN3 i.e.

• paragraph 2.1(b) of GN3 where the loss of RM7.1 million for FYE 31 December 2014 exceeded the company’s shareholders’ equity of RM6.2 million as at 31 December 2014 and the shareholders’ equity was less than 50% of the company’s issued and paid-up capital of RM20 million as at 31 December 2014; and
• paragraph 2.1(c) of GN3 where –
  
  

• the aggregated losses incurred for 2 consecutive full financial years (i.e. FYE 31 December 2013 and 2014) of RM9.7 million exceeded the company’s shareholders’ equity of RM6.2 million as at 31 December 2014;
• the loss incurred in the FYE 31 December 2014 of RM7.1 million was 50% or more of the loss incurred in the FYE 31 December 2013 of RM2.6 million; and
• the company’s shareholders’ equity of RM6.2 million as at 31 December 2014 was less than 50% of the Company’s issued and paid-up capital of RM20 million as at 31 December 2014.
  
  

However, SCAN failed to make an immediate announcement that it was a GN3 Company pursuant to GN3 on 27 February 2015.

SCAN subsequently announced on 27 April 2015 the change in its financial year end from 31 December 2014 to 30 June 2015.  This change of financial year end did not unwind the triggering of GN3 by SCAN based on the QR4/2014.   

Notwithstanding the clear provisions of GN3 and the ACE LR pertaining to disclosures of material information including upon triggering of GN3 and the various communications / engagements by Bursa Malaysia Securities with SCAN, the company and its directors refused and failed to comply with the requirements of the ACE LR and the directive of Bursa Malaysia Securities vide letter dated 8 May 2015 for SCAN to make the First Announcement / disclosure that it was a GN3 Company (Bursa Malaysia Securities’ Directive).

Instead, SCAN had on 10 May 2015, proceeded to file a legal suit against Bursa Malaysia Securities for an injunction order to prevent Bursa Malaysia Securities from carrying out the directive and suspension in trading.  Upon insistence of Bursa Malaysia Securities, SCAN made an announcement on the receipt of Bursa Malaysia Securities’ Directive only on 11 May 2015 at 10.27 p.m.  

The High Court had dismissed the legal suit on 18 May 2015 and Bursa Malaysia Securities proceeded to classify SCAN as a GN3 Company. SCAN only made the First Announcement pursuant to GN3 on 19 May 2015.

The directors were found to have breached Rule 16.13(b) of the ACE LR where they had permitted SCAN to commit the breaches premised on the following:-

• They had failed to undertake reasonable assessment and scrutiny as to whether SCAN triggered any of the Prescribed Criteria under GN3 in reviewing and approving the QR4/2014.  The directors mere and sole reliance on the alleged confirmation by the external auditors that the company did not trigger one of the Prescribed Criteria under GN3 was unreasonable and unacceptable in the discharge of their obligations.  This was particularly when they knew or should have known of the Group’s negative trend in the operating results and financial position over the last 3 years, the possible triggering of GN3 and the limited assessment of the GN3’s Prescribed Criteria by the external auditors.  Further, the directors were lackadaisical where the QR4/2014 was approved via directors’ circular resolution and there was no proper discussion by the directors prior to the approval and release of the same to Bursa Malaysia Securities;
• Apart from Dato’ Nasri bin Nasrun (who resigned on 13 March 2015), all the directors were aware of the Bursa Malaysia Securities’ Directive and yet refused to comply with / ensure compliance of the same.  Further, despite the urgency for disclosure in light of the materiality of the information which was reinforced by Bursa Malaysia Securities through a series of communications / engagements with SCAN, the directors did not ensure that the relevant disclosures were made immediately.  Notwithstanding the legal suit filed by SCAN on 10 May 2015, there was a necessity for SCAN to update and clarify to the market the matter / material development in the company including receipt of the Bursa Malaysia Securities’ Directive promptly from the outset.  This was particularly crucial in view of the significant decrease in the share price and high volume traded of SCAN’s securities since 5 May 2015 and the issuance of an unusual market activity query to SCAN by Bursa Malaysia Securities on 7 May 2015; and
• Dato’ Dr. Norbik Bashah bin Idris and Mak Siew Wei were the Executive Director involved in the day to day management of SCAN and were responsible for the approval and release of the company’s announcements.  They had failed to advise SCAN and the board to comply with the Bursa Malaysia Securities’ Directive despite the various communications / engagements / directives from Bursa Malaysia Securities.
  
  

icy97

不申請延長重組‧斯康聯合除牌倒數

2016-05-19 17:07      
（吉隆坡19日訊）GN3公司斯康聯合（SCN，0135，創業板科技組）經過深思熟慮後，決定不向大馬股票交易所遞交延長重組計劃提呈時間申請，加上大股東申請禁令強制召開股東特大商議重組計劃遭駁回，公司除牌已進入倒數計時。

大股東申請禁令強制開特大遭駁

該公司發文告表示，GN3地位已導致公司蒙受業務損失，也妨礙客戶與公司接觸，未來公司的營運和持續經營將至關重要，因此多數股東考量執行重組計劃潛存高成本與風險，同時公司也無力負擔重組計劃成本等情況下，決定不向交易所遞交延長重組計劃提呈時間申請。

“就算沒有上市地位，公司也可在審慎處理必要開銷的情況下持續經營。”

斯康聯合補充，公司在過去12個月落實多項措施調整財務情況，其中包括公司營運和財務情況進行評估、與銀行和債權人洽商重組債務，甚至是引進白武士倒置收購等，但均無功而返。

與此同時，斯康聯合發文告說，高等法院司法委員因缺乏強而有力的證據支撐，拒絕楊榮光（譯音）的臨時禁令（Ad-Interim Injunction）申請。

楊榮光是在今年5月16日向高院提呈臨時禁令申請，以迫使公司召開特別股東大會來商討重組計劃，以及尋求大馬股票交易所延長公司提呈重組計劃期限。

此外，高院也將在今年7月20日進行聽審，以審查委任楊榮光為收款人和管理人的申請。

復牌一度跌71%

配合上述宣佈，斯康聯合股票在週四上午9時暫停交易，午盤復牌後，股價應聲下跌，最低見1仙，跌2.5仙或71.43%，閉市收2仙，大跌1.5仙。

斯康聯合去年2月27日公佈的2014財政年第四季業績顯示，股東基金為620萬令吉，不到繳足資本2千萬令吉的50%，遭交易所打入GN3行列。

不過，斯康聯合以更換財政年為由，沒有即時公佈公司列入GN3，並稱由於秘書離職，而未依照交易所指示發出GN3文告，後來斯康聯合於5月10日入稟法庭，要求交易所廢除上述指令，並尋求賠償，但這項法律行動未能奏效，該公司最終於去年5月18日起列為GN3公司。

此外，交易所也在今年4月對斯康聯合公開譴責，以及向董事罰款35萬令吉。（星洲日報／財經）

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERS
Description	SCAN ASSOCIATES BERHAD ("SCAN" OR THE "COMPANY")NO EXTENSION OF TIME SOUGHT FROM BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") TO SUBMIT A REGULARISATION PLAN
On 19 May 2015, the Company announced that it has triggered the prescribed criteria pursuant to Rule 8.04(2) and Paragraph 2.1(f) of Guidance Note 3 (“GN3”) of the ACE Market Listing Requirements (“Listing Requirements”) (“First Announcement”). Pursuant to Rule 8.04(3) of the Listing Requirements, the Company is required to, amongst others, submit a regularisation plan to regularise its financial condition and to uplift its GN3 status (“Proposed Regularisation Plan”) to Bursa  Securities and obtain Bursa Securities’ approval for the Proposed Regularisation Plan within twelve (12) months from the date of the First Announcement (i.e. by 18 May 2016). On behalf of the Board of SCAN, Mercury Securities Sdn Bhd, wishes to announce that the Company had, after due consideration, decided not to submit an application to Bursa Securities’ for an extension of time to submit the Proposed Regularisation Plan. The majority of the Board has made this decision after taking into consideration, amongst others, the following:- (i)         the operations and the going concern of the Group’s business is critical and is of utmost importance; (ii)         the Company has to meet all fiduciary obligations to all parties involved especially its employees; (iii)        the stigma of the Company’s GN3 status has caused a loss of business and is a deterrence for clients to engage SCAN, notwithstanding the satisfactory performance of SCAN in relation to the services that it is engaged for; (iv)        the implementation of the Proposed Regularisation Plan involves high cost and risk. In the absence of a listing status, the Company can still carry out its business by taking care of the essential expenses like payroll and statutory commitments; and (v)        after reviewing the options available, the Board views that the Company is unable to afford the costs associated with the Proposed Regularisation Plan. For information, in the past twelve (12) months, the Board had taken, amongst others, the following course of action to regularise its financial condition:- (i)         review the operations and financials of the Company and assess the Company’s capability as a going concern; (ii)         negotiate with the Company’s bankers and creditors for the restructuring of the Company’s debts as well as conduct a rationalisation exercise to reduce the Company’s cost base, including relocating its operations to a smaller office. The collections and liabilities of the Company were also scrutinised; and (iii)        ongoing discussions to seek avenues to regularise its accounts as well as exploring various options such as via self-regularisation or a reverse take-over of the Company by a white knight. This announcement is dated 18 May 2016.

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERS
Description	SCAN ASSOCIATES BERHAD ("SCAN" OR THE "COMPANY")NO EXTENSION OF TIME SOUGHT FROM BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") TO SUBMIT A REGULARISATION PLAN
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the Company’s announcement dated 18 May 2016 in relation to the abovementioned matter, where applicable, unless stated otherwise or defined herein.) We refer to the Company’s announcement dated 18 May 2016 in relation the no extension of time sought from Bursa Securities to submit a regularisation plan. On behalf of the Board, Mercury Securities wishes to inform that in view of the majority of the Board’s decision not to submit an application to Bursa Securities for an extension of time to submit the Proposed Regularisation Plan, pursuant to Rule 8.04(5)(a) and (b) of the Listing Requirements, Bursa Securities shall suspend the trading of the GN3 Company’s listed securities on the sixth (6th) market day after the date of notification of suspension by Bursa Securities to de-list such GN3 Company subject to the latter’s right to appeal against the de-listing. This announcement is dated 19 May 2016.

icy97

Suspension and De-Listing of Scan Associates Berhad

SCAN ASSOCIATES BERHAD

SCAN ASSOCIATES BERHAD (“SCAN” or “the Company”) had failed to submit a regularisation plan to Bursa Securities for approval within the time frame stipulated under Rule 8.04(3)(a)(i) of the Bursa Malaysia Securities Berhad ACE Market Listing Requirements (“ACE LR”).

In the circumstances and pursuant to Rule 8.04(5) of the ACE LR:-

(a) the trading in the securities of SCAN will be suspended with effect from 27 May 2016; and

(b) the securities of SCAN will be de-listed on 31 May 2016 unless an appeal against the de-listing is submitted to Bursa Securities on or before 26 May 2015 (“the Appeal Timeframe”). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.

In the event SCAN submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on 31 May 2016 shall be deferred pending the decision on SCAN ’s appeal.

With respect to the securities of SCAN which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

Alternatively, shareholders of SCAN who intend to hold their securities in the form of  physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of SCAN have been de-listed from the Official List of Bursa Securities. This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures.

Upon the de-listing of SCAN, the Company will continue to exist but as an unlisted entity. SCAN is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2016	31 Mar 2015	31 Mar 2016	31 Mar 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	1,884	5,937	6,223	12,814
2	Profit/(loss) before tax	-293	71	-542	-825
3	Profit/(loss) for the period	-293	657	-542	-392
4	Profit/(loss) attributable to ordinary equity holders of the parent	-293	657	-542	-392
5	Basic earnings/(loss) per share (Subunit)	-0.01	0.03	-0.27	-0.19
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 ($$)	-3.1900		-3.1900