January 29, 2015

Company announcements: MAYBULK, PERSTIM

MAYBULK - OTHERS Malaysian Bulk Carriers Berhad ("MBC" or "the Company") - Tax case with the Inland Revenue Board of Malaysia ("IRB") on a tax assessment of RM58.4 million which IRB deemed as interest income for all interest-free loans which the Company provided to its subsidiaries

Announcement Type: General Announcement
Company NameMALAYSIAN BULK CARRIERS BERHAD  
Stock Name MAYBULK  
Date Announced29 Jan 2015  
CategoryGeneral Announcement
Reference NoMB-150129-64147

TypeAnnouncement
SubjectOTHERS
DescriptionMalaysian Bulk Carriers Berhad ("MBC" or "the Company")
- Tax case with the Inland Revenue Board of Malaysia ("IRB") on a tax assessment of RM58.4 million which IRB deemed as interest income for all interest-free loans which the Company provided to its subsidiaries

We refer to our announcement dated 15 August 2008 and updates reported under the Quarterly Report for the period ended 30 June 2012 and 30 September 2012, in respect of the abovementioned matter.

The Company has been notified by its lawyers that IRB had on 26 January 2015, filed a Notice of Discontinuance to withdraw their action against the Company with no order as to costs. With this development, the matter is now considered closed.

This announcement is dated 29 January 2015.



PERSTIM - Quarterly rpt on consolidated results for the financial period ended 31/12/2014

Announcement Type: Financial Results
Company NamePERUSAHAAN SADUR TIMAH MALAYSIA (PERSTIMA) BHD  
Stock Name PERSTIM  
Date Announced29 Jan 2015  
CategoryFinancial Results
Reference NoCC-150126-35301

Financial Year End31/03/2015
Quarter3
Quarterly report for the financial period ended31/12/2014
The figureshave not been audited
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2014

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2014
31/12/2013
31/12/2014
31/12/2013
$$'000
$$'000
$$'000
$$'000
1Revenue
166,393
172,183
483,832
495,542
2Profit/(loss) before tax
15,039
16,035
32,687
39,681
3Profit/(loss) for the period
11,401
12,867
25,041
32,067
4Profit/(loss) attributable to ordinary equity holders of the parent
11,401
12,867
25,041
32,067
5Basic earnings/(loss) per share (Subunit)
11.48
12.96
25.22
32.29
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
15.00
20.00


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 ($$)
3.2900
3.3200
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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