May 29, 2014

Company announcements: AMTEL, JMR, NHFATT, ASUPREM, CBIP

AMTEL - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameAMTEL HOLDINGS BERHAD  
Stock Name AMTEL  
Date Announced29 May 2014  
CategoryGeneral Meetings
Reference NoAH-140527-52475

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting29/05/2014
Time10:00 AM
VenueBilik Petaling, Kelab Shah Alam Selangor, No. 1A, Jalan Aerobik 13/43, Persiaran Kayangan, 40704 Shah Alam, Selangor Darul Ehsan
Outcome of Meeting

The Board of Directors of Amtel Holdings Berhad (“AHB”) wishes to announce that all the resolutions as set out in the Notice of the Seventeenth Annual General Meeting (“17th AGM”) dated 5 May 2014 were duly passed at the 17th AGM of AHB held on 29 May 2014.

This announcement is dated 29 May 2014.

 


AMTEL - Change in Boardroom

Announcement Type: Change in Boardroom
Company NameAMTEL HOLDINGS BERHAD  
Stock Name AMTEL  
Date Announced29 May 2014  
CategoryChange in Boardroom
Reference NoAH-140528-61818

Date of change29/05/2014
NameNg Ah Chong
Age70
NationalityMalaysian
Type of changeRetirement
DesignationExecutive Director
DirectorateExecutive
Qualifications 
Working experience and occupation  
Directorship of public companies (if any)Nil 
Family relationship with any director and/or major shareholder of the listed issuerNil 
Any conflict of interests that he/she has with the listed issuerNil 
Details of any interest in the securities of the listed issuer or its subsidiariesDirect: 1,624,566 ordinary shares of RM1.00 each
Indirect: 55,300 ordinary shares of RM1.00 each 


AMTEL - OTHERS Amtel Holdings Berhad ("AHB" or "Company") -Proposed Provision of Financial Assistance to Milan Utama Sdn. Bhd. ("MUSB"), a 35% Owned Associated Company of AHB

Announcement Type: General Announcement
Company NameAMTEL HOLDINGS BERHAD  
Stock Name AMTEL  
Date Announced29 May 2014  
CategoryGeneral Announcement
Reference NoAH-140527-60988

TypeAnnouncement
SubjectOTHERS
DescriptionAmtel Holdings Berhad ("AHB" or "Company")
-Proposed Provision of Financial Assistance to Milan Utama Sdn. Bhd. ("MUSB"), a 35% Owned Associated Company of AHB

The Board of Directors of AHB wishes to announce that the Company is proposing to provide financial assistance through AHB and/or its wholly-owned subsidiaries to MUSB, a 35% owned associated company of AHB (“Proposed Provision of Financial Assistance”). The Proposed Provision of Financial Assistance would entail the assistance to be provided in the form of cash advances, corporate guarantees or collaterals for banking facilities to be obtained from the financial institutions, up to an aggregate of RM15,000,000 or 30% of the latest available consolidated net tangible assets of AHB and its subsidiaries in the relevant period, whichever is higher.

The details of the Proposed Provision of Financial Assistance is attached.



JMR - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NameJMR CONGLOMERATION BERHAD  
Stock Name JMR  
Date Announced29 May 2014  
CategoryFinancial Results
Reference NoCC-140529-63679

Financial Year End31/03/2014
Quarter4
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited

Attachments

JCBQ42014.pdf
102 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
16,706
9,879
71,620
44,276
2Profit/(loss) before tax
-4,149
-1,412
11,208
7,093
3Profit/(loss) for the period
-2,706
-877
8,303
5,415
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,706
-877
8,303
5,415
5Basic earnings/(loss) per share (Subunit)
-2.13
-0.69
6.55
4.27
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
4.00
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 ($$)
0.7800
0.7500
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


NHFATT - GENERAL MEETINGS: NOTICE OF MEETING

Announcement Type: General Meetings
Company NameNEW HOONG FATT HOLDINGS BERHAD  
Stock Name NHFATT  
Date Announced29 May 2014  
CategoryGeneral Meetings
Reference NoCC-140520-43538

Type of MeetingAGM
IndicatorNotice of Meeting
DescriptionNotice of Seventeenth (17th) Annual General Meeting
Date of Meeting24/06/2014
Time10:00 AM
VenueBanyan & Casuarina Rooms
Ground Floor, Sime Darby Convention Centre, 1A Jalan Bukit Kiara 1, 60000 Kuala Lumpur
Date of General Meeting Record of Depositors17/06/2014

Attachments

NHF-17th AGM Notice.pdf
138 KB



NHFATT - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NameNEW HOONG FATT HOLDINGS BERHAD  
Stock Name NHFATT  
Date Announced29 May 2014  
CategoryFinancial Results
Reference NoCC-140523-37037

Financial Year End31/12/2014
Quarter1
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited

Attachments

NHFatt - Interim 2014 1Q.pdf
116 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
45,951
54,313
45,951
54,313
2Profit/(loss) before tax
3,492
8,047
3,492
8,047
3Profit/(loss) for the period
2,480
6,755
2,480
6,755
4Profit/(loss) attributable to ordinary equity holders of the parent
2,480
6,755
2,480
6,755
5Basic earnings/(loss) per share (Subunit)
3.30
8.99
3.30
8.99
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 ($$)
4.1900
4.1700
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


NHFATT - Final Dividend

Announcement Type: Entitlements (Notice of Book Closure)
Company NameNEW HOONG FATT HOLDINGS BERHAD  
Stock Name NHFATT  
Date Announced29 May 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoCC-140520-44550

EX-date26/06/2014
Entitlement date30/06/2014
Entitlement time04:00:00 PM
Entitlement subjectFinal Dividend
Entitlement descriptionFinal single tier dividend of eight (8) sen and a special final single tier dividend of one (1) sen per ordinary share of RM1.00 each for the financial year ended 31 December 2013.
Period of interest payment to
Financial Year End31/12/2013
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 noTricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel No. 03-2264 3883
Payment date 21/07/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers30/06/2014 
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 Currency0.09

Remarks :
The proposed final single tier dividends are subject to shareholders' approval at the forthcoming Seventeenth Annual General Meeting of the Company to be held on 24 June 2014.


ASUPREM - OTHERS Astral Supreme Berhad ("ASupreme" or "the Company") -Investigative Review Audit Report by the Special Auditors, Messrs PKF Advisory Sdn Bhd

Announcement Type: General Announcement
Company NameASTRAL SUPREME BERHAD  
Stock Name ASUPREM  
Date Announced29 May 2014  
CategoryGeneral Announcement
Reference NoCC-140522-33067

TypeAnnouncement
SubjectOTHERS
DescriptionAstral Supreme Berhad ("ASupreme" or "the Company")
-Investigative Review Audit Report by the Special Auditors, Messrs PKF Advisory Sdn Bhd

With reference to the Company’s announcements dated 30 April 2014, 2 May 2014 and 14 May 2014, the Board of Directors of ASupreme wishes to announce that the Special Auditors, PKF Advisory Sdn Bhd has completed their investigative review pertaining to the issues and matters raised by the External Auditors ("Investigative Review"). In summary, the Investigative Review has highlighted possible irregularities in the Company and certain of its subsidiaries as follows:

1. The veracity of certain sales transactions amounting to RM4.8 million relating to some products manufactured by a subsidiary of the Company are questionable and could not be reasonably determined. It was also highlighted incidences of potential conflict of interests as a person is a director of the company purchasing/supplying goods to a subsidiary. Pending further investigation and evidence, the report suggest that these unusual sales transactions of RM4.8 million be reversed and proposed to be adjusted downward the same amount in the trade receivables.

 

2. Proposed further impairment amounting to RM3.4 million for Research and Development and advance payment of RM3.2 million for certain products and moulds to third parties without adequate supporting documentation.

 

3. The veracity of certain payments to third parties as deposits. A payment of RM0.84 million by a subsidiary and treated as deposit purportedly to undertake feasibility study on a project could not be reasonably determined due to lack of documentation. Subsequent to the financial year end , a sum of RM0.60 million was refunded by the third parties and the balance will be impaired notwithstanding ongoing efforts are being made to recover the balance .

 

4. Insufficient evidence to substantiate the arrangement of several pieces of vacant land valued at RM1.5million offered as settlement for outstanding debts owing by an Associate company, which was formally a subsidiary notwithstanding on record the lawyer undertaking to forward the sales proceeds.

 

Arising from the findings of the Investigative Review, the Board of Directors:

(i) will seek the advice of the Company's legal advisors on the next course of action to be taken;

 

(ii) had lodged a police report on 28 May 2014 and has suspended a Director of a subsidiary ( former Managing Director of the Company);

 

(iii) will make appropriate adjustments to the audited financial statements for the year ended 31 December 2013 in consultation with the external auditors; and

 

(iv) had formed a committee to appraise the adequacy and effectiveness of internal controls and risk management policies and processes of the Group and where appropriate, to implement measures to safeguard the resources of the Group, and mitigate the various risks involved in the conduct of the business and operations.

 

The Company will make the necessary announcement of the course of actions for any further development in relation to the above.

This announcement is dated 29 May 2014.



CBIP - GENERAL MEETINGS: OUTCOME OF MEETING

Announcement Type: General Meetings
Company NameCB INDUSTRIAL PRODUCT HOLDING BERHAD  
Stock Name CBIP  
Date Announced29 May 2014  
CategoryGeneral Meetings
Reference NoCI-140423-DF103

Type of MeetingAGM
IndicatorOutcome of Meeting
Date of Meeting29/05/2014
Time11:00 AM
VenueSaujana Ballroom, The Saujana Hotel, 2KM, Off Jalan Sultan Abdul Aziz Shah Airport Highway, Saujana, 47200 Subang, Selangor Darul Ehsan
Outcome of Meeting

The Board of Directors of the Company is pleased to announce that the shareholders of the Company have at the Seventeenth Annual General Meeting (“17th AGM”) held on 29 May 2014 approved all the resolutions set out in the Notice of 17th AGM dated 7 May 2014.

 


CBIP - Quarterly rpt on consolidated results for the financial period ended 31/3/2014

Announcement Type: Financial Results
Company NameCB INDUSTRIAL PRODUCT HOLDING BERHAD  
Stock Name CBIP  
Date Announced29 May 2014  
CategoryFinancial Results
Reference NoCI-140516-FA73F

Financial Year End31/12/2014
Quarter1
Quarterly report for the financial period ended31/03/2014
The figureshave not been audited

Attachments

1Q14.pdf
530 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/03/2014
31/03/2013
31/03/2014
31/03/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
121,039
148,334
121,039
148,334
2Profit/(loss) before tax
25,841
22,993
25,841
22,993
3Profit/(loss) for the period
23,877
20,905
23,877
20,905
4Profit/(loss) attributable to ordinary equity holders of the parent
23,287
18,668
23,287
18,668
5Basic earnings/(loss) per share (Subunit)
8.78
7.02
8.78
7.02
6Proposed/Declared dividend per share (Subunit)
5.00
5.00
5.00
5.00


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 ($$)
2.1200
2.0000
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


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