August 29, 2012

Company announcements: MTRONIC, OVERSEA, CIMBA40, CIMBC25, MMCCORP, YNHPROP, GENTING, GENM

MTRONIC - General Announcement

Announcement Type: General Announcement
Company NameMETRONIC GLOBAL BERHAD  
Stock Name MTRONIC    
Date Announced29 Aug 2012  
CategoryGeneral Announcement
Reference NoMG-120829-64064

TypeAnnouncement
SubjectOTHERS
DescriptionMETRONIC GLOBAL BERHAD (“MGB” OR “COMPANY”)
STATUS OUTSTANDING RELATED PARTY RECEIVABLES

Further to our announcements made on even dates pertaining to the outstanding related party receivables of the Company, the Company wishes to announce the following:-

(i)������ Total outstanding from related party trade receivables as at 30 June 2012 are as follows:-.

Total Outstanding Receivables

Outstanding Related Party Receivables�(Years)�����

as at30/06/2012

>1-3

>3-5

>5-10

>10

RM'000

RM'000

RM'000

RM'000

RM'000

44,520

-

11,104

33,416

-

(ii)�����Steps taken or proposed to be taken by the listed issuer to recover the related party receivables

The related party receivables have been regularly reviewed and discussed by the Audit Committee and the Board of Directors, and action plan had been formulated to recover the receivables that includes the followings:-

a)������ Actively meet and negotiate with related parties and JKR to pursue the outstanding receivables;

b)������ Contra the receivables against payables with the same related parties;

c)������ Obtained consent from the Main Contractor Related Party to proceed with the certification and collection directly from Ministry of Health (“MOH”), Ministry of Finance (“MOF”) and Jabatan Kerja Raya (“JKR”).The claim is pending certification by JKR before submitting to MOF for approval;

d)������ Obtained a Deed of Assignment from the Main Contractor Related Party to pursue the receivables directly from the Government of Malaysia; and

e)������ To pursue recovery through legal recourse.

(iii)����� Expected timeframe to fully recover the related party receivables as specified in item (i)

The Company is not able to determine the expected timeframe to fully recover the amount since the payment due from Main Contractor Related Party is subject to finalization of the claim certification by JKR and the subsequent disbursement of payment from the Ministry of Finance.

The Board of Directors will continue with its effort to recover the outstanding related party receivables.

This announcement is dated 29 August 2012.



OVERSEA - General Announcement

Announcement Type: General Announcement
Company NameOVERSEA ENTERPRISE BERHAD (ACE Market) 
Stock Name OVERSEA    
Date Announced29 Aug 2012  
CategoryGeneral Announcement
Reference NoCK-120829-37001

Admission SponsorOSK Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectOTHERS
DescriptionINCORPORATION OF RESTORAN OVERSEA HONG KONG CAFE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF RESTORAN OVERSEA JV (SINGAPORE) SDN. BHD. WHICH IN TURN IS A WHOLLY-OWNED SUBSDIARY OF OVERSEA ENTERPRISE BERHAD
The Board of Directors of Oversea Enterprise Berhad ("Oversea") is pleased to announce that one of its wholly-owned subsidiary, Restoran Oversea JV (Singapore) Sdn. Bhd. ("OJV") had on 28 August 2012 incorporated a wholly-owned subsidiary in Malaysia namely RESTORAN OVERSEA HONG KONG CAFE SDN. BHD.
1. Details of RESTORAN OVERSEA HONG KONG CAFE SDN. BHD. ("OHKC")

OHKC was incorporated in Malaysia on 28 August 2012 under the Companies Act, 1965 with an authorised capital of RM100,000.00 divided into 100,000 shares of RM1.00 each with an issued and fully paid up share capital of two (2) shares. OHKC is a wholly-owned subsidiary of OJV.

The Directors of OHKC are Mr. Yu Soo Chye @ Yee Soo Chye and Mr. Yu Tack Tein. OHKC is currently dormant and has yet to commence operations. The intended principal activity of OHKC is that of a cafe operator.

2. Rationale for the incorporation of OHKC

OHKC will be utilised as a vehicle for the Company's future business expansion.

3. Financial Effects

Earnings & Net Assets

The incorporation of OHKC is not expected to have any material effect on the earnings per share and net assets per share of the Group for the financial year ending 31 March 2013 as OHKC is currently dormant.

Share Capital

The incorporation of OHKC has no effect on the share capital of the Company as the incorporation cost was satisifed entirely by internally generated cash.

4. Approval Sought

The incorporation of OHKC is not subject to the approval of the shareholders of the Company or from any relevant authorities.

5. Directors and Substantial Shareholders' Interest

None of the Directors and/or substantial shareholders of the Company or any persons connected to them have any direct or indirect interest in the incorporation of OHKC.

6. Directors' Recommendation

The Directors of Oversea having considered all aspect of the incorporation of OHKC, are of the opinion that the said incorporation is in the best interest of the Company.




This announcement is dated 29 August 2012


CIMBA40 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE ASEAN 40 MALAYSIA  
Stock Name CIMBA40    
Date Announced29 Aug 2012  
CategoryGeneral Announcement
Reference NoOB-120829-66834

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE ASEAN 40 Malaysia
Date: 29-Aug-2012
IOPV per unit (RM): 1.6120
Units in circulation (units): 8,100,000.00
Management Fee (% p.a.): 0.00
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.00
FTSE/ASEAN 40 Index: 10,619.78

Attachments

asean40_Basket.pdf
9 KB



CIMBC25 - NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

Announcement Type: General Announcement
Company NameCIMB FTSE CHINA 25  
Stock Name CIMBC25    
Date Announced29 Aug 2012  
CategoryGeneral Announcement
Reference NoOB-120829-66880

TypeAnnouncement
SubjectNET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
DescriptionFund: CIMB FTSE China 25
Date: 29-Aug-2012
IOPV per unit (RM): 0.8335
Units in circulation (units): 13,650,000.00
Management Fee (% p.a.): 0.60
Trustee Fee (% p.a.): 0.08
Index Licence Fee (% p.a.): 0.04
FTSE/Xinhua China 25 Index: 14,814.13

Attachments

china25_Basket.pdf
25 KB



MMCCORP - Quarterly rpt on consolidated results for the financial period ended 30/6/2012

Announcement Type: Financial Results
Company NameMMC CORPORATION BERHAD  
Stock Name MMCCORP    
Date Announced29 Aug 2012  
CategoryFinancial Results
Reference NoMC-120829-50270

Financial Year End31/12/2012
Quarter2
Quarterly report for the financial period ended30/06/2012
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2012
30/06/2011
30/06/2012
30/06/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
2,349,740
2,347,703
4,674,075
4,501,123
2Profit/(loss) before tax
1,146,773
193,889
1,327,851
404,743
3Profit/(loss) for the period
1,088,149
167,225
1,203,568
291,054
4Profit/(loss) attributable to ordinary equity holders of the parent
752,204
57,040
781,427
75,065
5Basic earnings/(loss) per share (Subunit)
24.70
1.87
25.66
2.47
6Proposed/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 ($$)
2.3000
2.0400
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


YNHPROP - Quarterly rpt on consolidated results for the financial period ended 30/6/2012

Announcement Type: Financial Results
Company NameYNH PROPERTY BERHAD  
Stock Name YNHPROP    
Date Announced29 Aug 2012  
CategoryFinancial Results
Reference NoCC-120817-56871

Financial Year End31/12/2012
Quarter2
Quarterly report for the financial period ended30/06/2012
The figureshave not been audited

Remarks :
This announcement is dated 29 August 2012.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2012
30/06/2011
30/06/2012
30/06/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
86,245
48,495
139,287
103,756
2Profit/(loss) before tax
22,270
18,295
34,538
39,727
3Profit/(loss) for the period
18,502
14,345
26,912
30,124
4Profit/(loss) attributable to ordinary equity holders of the parent
18,502
14,345
26,912
30,124
5Basic earnings/(loss) per share (Subunit)
4.50
3.51
6.55
7.39
6Proposed/Declared dividend per share (Subunit)
2.00
3.00
2.00
3.00


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 ($$)
1.9700
1.9300

Remarks :
The Board of Directors has on 29 August 2012 recommended an interim single tier dividend of 1.5%. The entitlement date and payment date is on 31 October 2012 and 29 November 2012 respectively.

A final single tier dividend of 2% in respect of the financial year ended 31 December 2011 has been approved at the Tenth Annual General Meeting held on 29 June 2012. The entitlement date and payment date is on 7 September 2012 and 28 September 2012 respectively.
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


GENTING - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameGENTING BERHAD  
Stock Name GENTING    
Date Announced29 Aug 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoGG-120829-6FCEB

EX-date26/09/2012
Entitlement date28/09/2012
Entitlement time04:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionInterim Dividend of 3.5 sen less 25% tax per ordinary share of 10 sen each
Period of interest payment to
Financial Year End31/12/2012
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noGENTING MANAGEMENT AND CONSULTANCY SERVICES SDN BHD
24th Floor, Wisma Genting
Jalan Sultan Ismail
50250 Kuala Lumpur
Tel : 03-2178 2266
Payment date 25/10/2012
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers28/09/2012 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.035


GENTING - Quarterly rpt on consolidated results for the financial period ended 30/6/2012

Announcement Type: Financial Results
Company NameGENTING BERHAD  
Stock Name GENTING    
Date Announced29 Aug 2012  
CategoryFinancial Results
Reference NoGG-120829-05D7A

Financial Year End31/12/2012
Quarter2
Quarterly report for the financial period ended30/06/2012
The figureshave not been audited

Remarks :
A Press Release by the Company in connection with the 2012 Second Quarterly Report is attached above.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2012
30/06/2011
30/06/2012
30/06/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
4,512,673
4,462,807
8,933,727
9,351,965
2Profit/(loss) before tax
1,391,179
1,548,429
2,848,119
3,439,078
3Profit/(loss) for the period
1,051,754
1,197,598
2,195,257
2,643,648
4Profit/(loss) attributable to ordinary equity holders of the parent
534,548
673,220
1,228,181
1,497,396
5Basic earnings/(loss) per share (Subunit)
14.47
18.17
33.26
40.42
6Proposed/Declared dividend per share (Subunit)
3.50
3.50
3.50
3.50


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 ($$)
5.1800
4.7700
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


GENM - Quarterly rpt on consolidated results for the financial period ended 30/6/2012

Announcement Type: Financial Results
Company NameGENTING MALAYSIA BERHAD  
Stock Name GENM    
Date Announced29 Aug 2012  
CategoryFinancial Results
Reference NoGM-120829-60774

Financial Year End31/12/2012
Quarter2
Quarterly report for the financial period ended30/06/2012
The figureshave not been audited

Remarks :
A Press Release by the Company in connection with the 2012 Second Quarterly Report is attached above.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2012

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2012
30/06/2011
30/06/2012
30/06/2011
$$'000
$$'000
$$'000
$$'000
1Revenue
2,119,482
1,896,025
4,023,283
3,846,605
2Profit/(loss) before tax
638,503
430,342
1,017,044
983,830
3Profit/(loss) for the period
495,800
313,753
766,464
731,451
4Profit/(loss) attributable to ordinary equity holders of the parent
495,800
313,753
766,464
731,451
5Basic earnings/(loss) per share (Subunit)
8.75
5.54
13.53
12.91
6Proposed/Declared dividend per share (Subunit)
3.80
3.80
3.80
3.80


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 ($$)
2.2600
2.1100

Remarks :
The computation of basic earnings per share is based on weighted average number of ordinary shares of RM0.10 each in issue during the six months ended 30 June 2012 excluding the weighted average treasury shares held the Company.
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


GENM - Interim Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameGENTING MALAYSIA BERHAD  
Stock Name GENM    
Date Announced29 Aug 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoGM-120829-94580

EX-date26/09/2012
Entitlement date28/09/2012
Entitlement time04:00:00 PM
Entitlement subjectInterim Dividend
Entitlement descriptionInterim Dividend of 3.8 sen less 25% tax per ordinary share of RM0.10 each
Period of interest payment to
Financial Year End31/12/2012
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noGENTING MANAGEMENT AND CONSULTANCY SERVICES SDN BHD
24th Floor, Wisma Genting,
Jalan Sultan Ismail,
50250 Kuala Lumpur
Tel : 03-21782266
Payment date 22/10/2012
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers28/09/2012 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency0.038


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