August 27, 2014

Company announcements: LONBISC, SAMUDRA, PA, FARMBES

LONBISC - OTHERS (Amended Announcement)

Announcement Type: General Announcement
Company NameLONDON BISCUITS BERHAD  
Stock Name LONBISC  
Date Announced27 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140827-E60F3

TypeAnnouncement
SubjectOTHERS
DescriptionLONDON BISCUITS BERHAD ("LBB") - Revaluation of Properties

With reference to the announcement on Revaluation of Properties dated 27th August 2014, the Board of Directors would like to advise that under item 4 of the announcement should be RM2.11 instead of RM2,11.


1. INTRODUCTION

The Board of Directors of LBB wishes to announce that the Company has carried out a revaluation exercise on the Company’s and its subsidiaries’ (“the Group”) property, plant and equipment and investment properties (“Properties”).

The Board of LBB had on 27th August 2014 approved the incorporation of the revaluation surplus, net of deferred tax, of RM15,958,128 in the consolidated financial statement of LBB for the financial year ended 30th June 2014.
 

2. PURPOSE OF THE REVALUATION

The revaluation exercise was conducted for Corporate Accounting purpose, in accordance with Malaysian Financial Reporting Standards and Asset Valuation Guidelines issued under Section 377 of the Capital Markets and Services Act 2007.


3. REVALUATION SURPLUS

The details of the revaluation surplus arising from the revaluation are set out in the Table attached.


4. EFFECT OF THE REVALUATION SURPLUS ON NET ASSETS PER SHARE OF THE GROUP

The revaluation resulted in a revaluation surplus of RM13,093,839 attributable to the equity holders of the Company and represents an increase of 3.94% of the unaudited net asset value as at 30th June 2014 of the Group. The net assets per share of the Group increased from RM2.03 to RM2.11 per share as at 30th June 2014.


5. THE NAME OF THE VALUER

The valuation of the Properties situated in Malaysia was conducted by Messrs. Pullprop Property Consultants, whilst the valuation of property situated in Hong Kong was conducted by Messrs DTZ Debenham Tie Leung Limited.
 

6. DATE OF VALUATION

The date of valuation report for the Properties situated in Malaysia was dated 30th June 2014, whilst the date of valuation report for the Property situated in Hong Kong was dated 18th July 2014.


7. DOCUMENTS AVAILABLE FOR INSPECTION

The valuation reports in relation to the Revaluation are available for inspection at the Registered Office of LBB at No. 1, Jalan Istimewa 2, Taman Perindustrian Desa Cemerlang, 81800 Ulu Tiram, Johor during normal office hours from Monday to Friday (except public holidays) for a period of three (3) months from the date of this announcement.


This announcement is dated 27th August 2014.



SAMUDRA - Quarterly rpt on consolidated results for the financial period ended 30/6/2014

Announcement Type: Financial Results
Company NameKEJURUTERAAN SAMUDRA TIMUR BERHAD  
Stock Name SAMUDRA  
Date Announced27 Aug 2014  
CategoryFinancial Results
Reference NoCS-140827-51488

Financial Year End30/06/2014
Quarter4
Quarterly report for the financial period ended30/06/2014
The figureshave not been audited

Attachments

4th Quarter Result.pdf
607 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2014
30/06/2013
30/06/2014
30/06/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
3,402
2,080
10,737
9,580
2Profit/(loss) before tax
62,255
573
61,277
8,023
3Profit/(loss) for the period
54,242
-17,831
54,910
-7,078
4Profit/(loss) attributable to ordinary equity holders of the parent
54,231
-17,758
54,932
-6,942
5Basic earnings/(loss) per share (Subunit)
37.92
-12.42
38.41
-4.85
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 ($$)
0.6610
0.1530
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


PA - Quarterly rpt on consolidated results for the financial period ended 30/6/2014

Announcement Type: Financial Results
Company NameP.A. RESOURCES BERHAD  
Stock Name PA  
Date Announced27 Aug 2014  
CategoryFinancial Results
Reference NoCC-140826-30EAF

Financial Year End31/03/2015
Quarter1
Quarterly report for the financial period ended30/06/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30/06/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30/06/2014
30/06/2013
30/06/2014
30/06/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
36,350
28,019
36,350
28,019
2Profit/(loss) before tax
736
872
736
872
3Profit/(loss) for the period
736
872
736
872
4Profit/(loss) attributable to ordinary equity holders of the parent
721
613
721
613
5Basic earnings/(loss) per share (Subunit)
0.08
0.07
0.08
0.07
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 ($$)
0.1147
0.1139
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


FARMBES - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

Announcement Type: General Announcement
Company NameFARM'S BEST BERHAD  
Stock Name FARMBES  
Date Announced27 Aug 2014  
CategoryGeneral Announcement
Reference NoCC-140827-B42E7

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionFARM'S BEST BERHAD ("FBB" or "the Company")

DISPOSAL OF THE ENTIRE EQUITY INTEREST IN SINMAH VENTURES SDN BHD ["SVSB'], ITS SUBSIDIARIES AND ASSOCIATED COMPANY EQUIVALENT TO 2 ORDINARY SHARES OF RM1.00 EACH ["the Sale Shares"]TO IKLIM CAHAYA SDN BHD.

The Board of Directors ("the Board") of FBB wishes to announce that the Company had on 27 August 2014 entered into a Sale and Purchase Agreement ("SPA") for the disposal of the entire equity interest in Sinmah Ventures Sdn Bhd ("SVSB") equivalent to 2 ordinary shares of RM1.00 each ("the Sale Shares") to Iklim Cahaya Sdn Bhd of Kompleks Niaga Melaka Perdana, Jalan KNMP3, Bukit Katil 75450 Melaka for a total cash consideration of RM100,000 ("the Disposal"). Upon completion of the Disposal, SVSB and its subsidiaries, FB Food (Nanjing) Pte Ltd, Chix Unlimited Inc. and Farm's Best (Cambodia) Co. Ltd and its associated company, SM Enterprise (Nanjing) Pte Ltd ("SVSB Group") will cease to be subsidiaries and associated company of FBB.


Details of the full announcement is attached herewith.

This announcement is dated 27 August 2014.

Attachments

SPA-shares-FB SVSB 2.pdf
197 KB



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