ASDION - Quarterly rpt on consolidated results for the financial period ended 30/6/2014
Company Name | ASDION BERHAD (ACE Market) |
Stock Name | ASDION |
Date Announced | 29 Aug 2014 |
Category | Financial Results |
Reference No | C&-140828-94945 |
Financial Year End | 31/03/2015 |
Quarter | 1 |
Quarterly report for the financial period ended | 30/06/2014 |
The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/06/2014 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 635 | 1,070 | 635 | 1,070 |
2 | Profit/(loss) before tax | -507 | -576 | -507 | -576 |
3 | Profit/(loss) for the period | -509 | -576 | -509 | -576 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | -509 | -498 | -509 | -498 |
5 | Basic earnings/(loss) per share (Subunit) | -0.45 | -0.86 | -0.45 | -0.86 |
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 ($$) | 0.2315 | 0.1390 |
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:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
INARI - Subscription of shares in Hektar Haruman Sdn Bhd
Company Name | INARI AMERTRON BERHAD |
Stock Name | INARI |
Date Announced | 29 Aug 2014 |
Category | General Announcement |
Reference No | IA-140828-54415 |
FGV - OTHERS Voluntary conditional cash offer for all the ordinary shares (excluding treasury shares) in issue in the capital of Asian Plantations Limited
Company Name | FELDA GLOBAL VENTURES HOLDINGS BERHAD |
Stock Name | FGV |
Date Announced | 29 Aug 2014 |
Category | General Announcement |
Reference No | FG-140829-7D903 |
Type | Announcement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Subject | OTHERS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Description | Voluntary conditional cash offer for all the ordinary shares (excluding treasury shares) in issue in the capital of Asian Plantations Limited | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1. INTRODUCTION The Board of Directors of Felda Global Ventures Holdings Berhad (“FGV” or the “Offeror”) wishes to announce that its financial adviser, Merrill Lynch (Singapore) Pte. Ltd. (“Financial Adviser”), for and on behalf of FGV, has on 29 August 2014 announced (the “Offer Announcement”) in accordance with Section 139 of the Securities and Futures Act, Chapter 289 of Singapore and the Singapore Code on Take-overs and Mergers (the “Code”) of FGV’s intention to make a voluntary conditional cash offer for all the ordinary shares (excluding treasury shares) (the “Shares”) in issue in the capital of Asian Plantations Limited (“APL” or the “Offeree”) (the “Offer”), including all the Shares owned, controlled or agreed to be acquired by parties acting or presumed to be acting in concert with the Offeror, but excluding Shares held by the Offeror, its related corporations and their nominees as at the date of the Offer. A copy of the Offer Announcement dated 29 August 2014 (“Offer Announcement Date”), containing the relevant details as well as the conditions, is attached as Appendix I. 2. DETAILS OF THE OFFER The offer price for each offer share is 2.20 (approximately the equivalent of RM11.50) to be satisfied fully in cash (the “Offer Price”). 2.1 Offer Shares The Offer, when made, will be extended, on the same terms and conditions, to: 2.1.1 all issued Shares, including all the Shares owned, controlled or agreed to be acquired by parties acting or presumed to be acting in concert with the Offeror, but excluding Shares held by the Offeror, its related corporations and their nominees as at the date of the Offer; 2.1.2 all new Shares unconditionally issued or to be issued pursuant to the valid exercise of any option to subscribe for new Shares (each, an “Option”) granted under the existing Asian Plantations Limited Share Option Scheme (the “Scheme”) prior to the close of the Offer; 2.1.3 all new Shares unconditionally issued or to be issued pursuant to the valid conversion of an aggregate of US$2.1 million (approximately the equivalent of RM6.6 million) in principal amount of 2.5% convertible bonds due 2015 which were issued by APL on 15 August 2011 (the “Bonds”) prior to the close of the Offer; and 2.1.4 all new Shares unconditionally issued or to be issued pursuant to the valid conversion of an aggregate of US$15.0 million (approximately the equivalent of RM47.3 million) in principal amount of convertible notes due 2016 which were issued by APL on 14 January 2013 and 23 August 2013 (the “Notes”) prior to the close of the Offer, (collectively, the “Offer Shares”). 2.2 Options Proposal The Financial Adviser, for and on behalf of FGV, will make an appropriate proposal (“Options Proposal”) to the holders of the outstanding Options ("Option Holders"). Under the Options Proposal, FGV will, subject to: 2.2.1 the Offer becoming or being declared unconditional in all respects in accordance with its terms; and 2.2.2 the relevant Options continuing to be exercisable into new Shares, pay the Option Holders a cash amount (the “Option Price”) in consideration of the Option Holders agreeing not to exercise all or any of their Options into new Shares and surrendering their Options for cancellation. The Option Price will be calculated on a "see-through" basis in accordance with the Code, that is, in relation to any Option, the excess of the Offer Price over the exercise price of the Option. In addition, where the exercise price of an Option is equal to or more than the Offer Price and hence causing the “see-through” price to be zero or negative, the Offeror will be offering a nominal amount of 0.001 (approximately the equivalent of RM0.005) for each such Option. 2.3 Notes Offer The Notes are convertible, in whole or in part, by holders of the Notes (each a “Note Holder”) into new Shares at the fixed conversion price of 2.86 (approximately the equivalent of RM14.95) per Share (the “Note Conversion Price”), subject to such adjustments under the terms of the Notes. The number of new Shares to be issued on conversion of a Note will be determined by dividing the relevant principal amount of the Note (translated into at the fixed rate of exchange of 1.00 per US$1.6088) by the Note Conversion Price. Pursuant to Rule 19 of the Code, an appropriate offer will be made for the Notes and such offer will be conditional upon the Offer becoming or being declared unconditional in all respects in accordance with its terms (the “Notes Offer”) 2.4 Irrevocable Undertakings As at the Offer Announcement Date, certain existing Shareholders, namely, Keresa Plantations Sendirian Berhad, Steadfast Capital L.P., American Steadfast L.P., Steadfast International Master Fund Limited, East Pacific Capital Limited, Dennis Nicholas Melka, Waddell Holding Limited, Graeme Iain Brown and Tan Sri Datuk Amar Leonard Linggi (collectively, the “Undertaking Shareholders”), have each given irrevocable undertakings (the “Irrevocable Undertakings”) in favour of the Offeror to, inter alia, accept, or procure the acceptance of, the Offer in respect of an aggregate of 28,011,209 Shares that are directly or indirectly held and/or controlled by the Undertaking Shareholders, representing approximately 59.9% of the total number of issued Shares as at the Offer Announcement Date (collectively, the “Undertaking Shares”). Further details of the Irrevocable Undertakings are set out in the Offer Announcement attached as Appendix I. 2.5 Basis of arriving at the Offer Price for the Offer Shares The Offer Price of 2.20 (approximately the equivalent of RM11.50) per Offer Share was arrived at after taking into consideration the closing price of APL Shares on 28 August 2014, being the last full trading day in the Shares prior to the Offer Announcement (“Last Trading Day”) and volume weighted average price (“VWAP”) of the Shares for various period up to and including 28 August 2014 as follows: (a) a premium of approximately 3.5% over the last transacted price per Share on the AIM (as defined below) of 2.1250 (approximately the equivalent of RM11.1095) on the Last Trading Day; (b) a premium of approximately 6.1% over the VWAP of 2.0739(approximately the equivalent of RM10.8423) for the 1-month period prior to the Last Trading Day; (c) a premium of approximately 4.3% over the VWAP of 2.1096 (approximately the equivalent of RM11.0290) for the 3-month period prior to the Last Trading Day; (d) a discount of approximately 3.0% over the VWAP of 2.2685 (approximately the equivalent of RM11.8597) for the 6-month period prior to the Last Trading Day; and (e) a premium of approximately 5.1% over the VWAP of 2.0939 (approximately the equivalent of RM10.9469) for the 12-month period prior to the Last Trading Day. The Offer Price represents a premium of approximately 294.8% over the NAV per Share of 0.5572 (approximately the equivalent of RM2.9130) as at 31 December 2013. 2.6 Duration of the Offer Further information on the Offer, the Options Proposal and the Notes Offer will be set out in the offer document (“Offer Document”). The Offer Document, which will contain the terms and conditions of the Offer, the Options Proposal and the Notes Offer and enclose the appropriate form(s) of acceptance, will be despatched to Shareholders, Option Holders and Note Holders, as the case may be, not earlier than 14 days and not later than 21 days from the Offer Announcement Date. The Offer, the Options Proposal and the Notes Offer will remain open for acceptances by Shareholders, Option Holders and Notes Holders, as the case may be, for a period of at least 28 days after the date of posting of the Offer Document. 2.7 Source of Funds The consideration for the Offer shall be fully funded by cash. 2.8 Conditions of the Offer The Offer is conditional upon FGV having received, by the close of the Offer, valid acceptances in respect of such number of Offer Shares which, together with the Shares owned, controlled or agreed to be acquired by the Offeror and parties acting in concert with it, which will result in FGV and parties acting in concert with it holding such number of Shares carrying more than 75% of the total voting rights attributable to the Shares as at the close of the Offer (the “Acceptance Condition”). FGV reserves the right to revise the level of the Acceptance Condition to a level of 75% or below (but more than 50%) of the voting rights of the Company as at the close of the Offer, subject to the prior consent of the Securities Industry Council of Singapore (the “SIC”). The other conditions are set out in the Offer Announcement attached as Appendix I. 2.9 Liabilities to be assumed by the FGV Group FGV will not assume any liabilities pursuant to the Offer save that the liabilities stated in the balance sheet of APL, would be consolidated into the financial statements of FGV. 2.10 Listing Status of APL FGV intends to make APL its wholly-owned subsidiary and does not intend to preserve the listing status of APL. Accordingly, FGV when entitled, intends to exercise its rights to compulsorily acquire all the Shares from Shareholders who have not accepted the Offer on the same terms as those offered under the Offer. 3. INFORMATION ON APL APL
was incorporated in Singapore on 20 October 2009 as a public company under the
Companies Act, Chapter 50 of Singapore (the “Singapore Companies Act”). It was listed on the Alternative
Investment Market of the London Stock Exchange (“AIM”) on 30 November 2009. APL and its subsidiaries (the “APL Group”) are involved in palm oil plantation operations which include the business of acquisition and development of palm oil plantation land in Sarawak, Malaysia. APL’s business is in the acquisition of properly zoned agricultural land in Malaysia which can be developed into high-quality, mature palm oil estates. As at year-end 2013, APL had five wholly-owned plantation estates totalling approximately 24,622 hectares. As at the Offer Announcement Date, based on information available to the Offeror, the directors of the Company are: (a) Tan Sri Datuk Amar Leonard Linggi Anak Jugah (Chairman and Non-Executive Director); (b) Tan Sri Datuk Amar Leo Moggie (Independent and Non-Executive Director); (c) Mr. Graeme Iain Brown (Joint Chief Executive Officer and Executive Director); and (d) Mr. Dennis Nicholas Melka (Joint Chief Executive Officer and Executive Director). Based on an instant information search obtained from the Accounting and Corporate Regulatory Authority of Singapore on the Offer Announcement Date, APL’s issued share capital is S$59,268,587 (approximately the equivalent of RM149,653,182), 16,000,001.60 (approximately the equivalent of RM83,648,008.36) and US$21,500,000 (approximately the equivalent of RM67,725,000) comprising 33,717,752 Shares, 7,272,728 Shares and 5,770,654 Shares respectively and there are no Shares held in treasury. Accordingly, APL has an aggregate of 46,761,134 Shares in issue as at the Offer Announcement Date. Based on information published by the Company, as at 7 August 2014, 28,011,209 Shares representing approximately 59.9% of the total issued Shares are not held by public Shareholders. As at the Offer Announcement Date, based on information available to FGV, APL has, inter alia: (a) an aggregate of 3,482,500 outstanding Options, which have vested and are exercisable into an aggregate of 3,482,500 new Shares at exercise prices of between S$1.55 (or approximately the equivalent of 0.75 or RM3.91) and S$5.07 (or approximately the equivalent of 2.45 or RM12.80) per Share; (b) an aggregate of 712,500 outstanding Options, which have not vested and which upon vesting, are exercisable into an aggregate of 712,500 new Shares at an exercise price of S$1.55 (or approximately the equivalent of 0.75 or RM3.91) per Share; (c) an aggregate of US$2.1 million (approximately the equivalent of RM6.6 million) in principal amount of Bonds, which are convertible into 434,700 new Shares at a conversion price of US$4.83 per Share (or approximately the equivalent of 2.91 or RM15.21 per Share); and (d) an aggregate of US$15.0 million (approximately the equivalent of RM47.3 million) in principal amount of Notes, which are convertible into 3,260,041 new Shares at a conversion price of 2.86 per Share (approximately the equivalent of RM14.95). Summary Financial Information of APL Group
4. RATIONALE FOR THE OFFER FGV pursues a strategic expansion programme to ensure the continued growth of its businesses. 50% of the FGV listing proceeds of RM4.5 billion has been earmarked to pursue strategic expansion of its upstream business. The proposed acquisition of the APL Group through the Offer is in line with FGV’s expansion roadmap. FGV will have the opportunity to tap into the APL’s established plantation and milling operations in Sarawak. This will result in the expansion of FGV’s plantation presence in Sarawak and increase its plantation landbank by approximately 24,622 hectares. The Offer is also expected to give rise to cost savings from operational synergies following the integration of the businesses. This is expected to contribute positively to the enlarged FGV group’s financial performance in the future. 5. OVERVIEW AND OUTLOOK OF THE PLANTATION INDUSTRY Despite concerns about the adverse impact on CPO output due to a potential El Nino plus tree stress in Malaysia, CPO production, in the first half of 2014, increased to 9.1 million tonnes, from 8.4 million tonnes over the same period last year. The Malaysian Palm Oil Board estimates CPO output to hit a record 19.5 million tonnes this year, compared to 19.2 million tonnes in 2013. Although CPO prices have dropped to about RM2,000–RM2,200 per tonne in recent months due to a bumper harvest of soybeans, which produce soyoil, a substitute for palm oil, analysts expect CPO prices to recover to RM2,600-RM2,700 by the end of the year and rise to about RM2,800 per tonne in 2016. Given that plantation is a long-term undertaking, prospects continue to be favourable. Malaysia’s Economic Transformation Programme (“ETP”) identified palm oil as a major component of Malaysia’s economy. The focus is on ensuring the productivity and sustainability of the industry by improving oil palm cultivation, productivity and enhancing utilisation of biomass. This is in line with the Government’s efforts to increase the total gross national income contribution of the industry by RM125 billion to RM178 billion by 2020. Premised on the above and that the Offer augurs well with the expansion plan of the FGV Group, the Offer is expected to contribute positively to the future earnings of the FGV Group. (Source: Malaysian Palm Oil Board, Broker research) 6. RISKS IN RELATION TO THE OFFER The Offer is not expected to materially change the risk profile of the FGV Group’s business as APL is in the similar industry in which the FGV Group operates. Similar to the FGV Group, APL is exposed to, amongst others, business and operational risks inherent to the plantation industry. APL is an AIM-listed company and is required to make the necessary disclosures including publishing its financials and announcing any material events. Prior to the offer announcement, FGV has conducted extensive diligence on all publicly available information on APL including annual reports, audited financial statements and company presentations. Nevertheless, there can be no assurance that such publicly-available information obtained is reflective of the current position or profile of APL. 7. EFFECTS OF THE OFFER The effects of the Offer are as follows: Share Capital and Shareholding Structure The Offer will not have any effect on the share capital and shareholding structure of FGV as there is no issuance of new FGV shares Earnings per Share (“EPS”) Barring unforeseen circumstances, the Offer is expected to contribute positively towards the future earnings and EPS of the FGV Group. Net Assets The Offer is not expected to have any effect on the Net Assets of the FGV Group Gearing The effect of the Offer on the FGV Group’s gearing is set out below:
Note: (1) APL’s
borrowings were converted using an exchange rate of US$1.00 : RM3.2757 as at 31
December 2013 (2) Land Lease
Liability
8. APPROVALS REQUIRED The Offer is not subject to the approval of the shareholders of FGV. Prior consent of the SIC is required, inter alia, if FGV were to revise the Acceptance Condition at the close of the Offer. 9. ESTIMATED TIMEFRAME FOR COMPLETION FGV expects to complete the Offer within the final quarter of 2014. 10. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the directors or major shareholders of FGV or persons connected with them has any interest, direct or indirect, in the Offer. 11. DIRECTORS’ STATEMENT After considering all aspects of the Offer, the Board of Directors of FGV is of the opinion that the Offer is in the best interest of FGV. 12. HIGHEST PERCENTAGE RATIO APPLICABLE The highest percentage ratio applicable to the Offer is 9.57% pursuant to paragraph 10.02(g) of the Listing Requirements of Bursa Malaysia Securities Berhad for the Main Market. Note: In this Announcement, where applicable, the exchange rates of US$1.00 to RM3.1500, 1.00 to RM5.2280 and S$1.00 to RM2.5250 extracted from Bloomberg L.P. on the Last Trading Day respectively have been used for purposes of calculation. This announcement is dated 29 August 2014. |
FGV - OTHERS FELDA GLOBAL VENTURES HOLDINGS BERHAD - MEDIA RELEASE
Company Name | FELDA GLOBAL VENTURES HOLDINGS BERHAD |
Stock Name | FGV |
Date Announced | 29 Aug 2014 |
Category | General Announcement |
Reference No | FG-140828-3F5B0 |
Type | Announcement |
Subject | OTHERS |
Description | FELDA GLOBAL VENTURES HOLDINGS BERHAD - MEDIA RELEASE |
We provide hereunder the media release in relation to FGV Acquires Asian Plantations for a total cash consideration of RM628 million.
|
CAP - China Automobile Parts Holdings Limited- Reply to Query from Bursa Malaysia Securities Berhad
Company Name | CHINA AUTOMOBILE PARTS HOLDINGS LIMITED |
Stock Name | CAP |
Date Announced | 29 Aug 2014 |
Category | General Announcement |
Reference No | CC-140829-32283 |
BARAKAH - Quarterly rpt on consolidated results for the financial period ended 30/6/2014 (Amended Announcement)
Company Name | BARAKAH OFFSHORE PETROLEUM BERHAD |
Stock Name | BARAKAH |
Date Announced | 29 Aug 2014 |
Category | Financial Results |
Reference No | CC-140829-60073 |
Financial Year End | 31/12/2014 |
Quarter | 2 |
Quarterly report for the financial period ended | 30/06/2014 |
The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/06/2014 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 159,707 | 57,716 | 326,894 | 211,785 |
2 | Profit/(loss) before tax | 16,785 | 7,150 | 34,482 | 35,894 |
3 | Profit/(loss) for the period | 12,338 | 5,366 | 25,685 | 30,434 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 12,349 | 5,375 | 25,706 | 30,456 |
5 | Basic earnings/(loss) per share (Subunit) | 1.99 | 1.11 | 4.15 | 6.29 |
6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | ||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) | 0.4862 | 0.3328 |
Remarks : |
This amended announcement is made due to the typo error on item 3 of Summary of Key Financial Information in respect of Profit/(loss) for the period, for the cumulative quarter ended 30 June 2014, should be 25,685 instead of 25,683. |
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:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
FFHB - Quarterly rpt on consolidated results for the financial period ended 30/6/2014
Company Name | FEDERAL FURNITURE HOLDINGS (M) BERHAD |
Stock Name | FFHB |
Date Announced | 29 Aug 2014 |
Category | Financial Results |
Reference No | FF-140829-47378 |
Financial Year End | 31/12/2014 |
Quarter | 2 |
Quarterly report for the financial period ended | 30/06/2014 |
The figures | have not been audited |
- Default Currency
- Other Currency
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION30/06/2014 |
INDIVIDUAL PERIOD | CUMULATIVE PERIOD | ||||
CURRENT YEAR QUARTER | PRECEDING YEAR CORRESPONDING QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR CORRESPONDING PERIOD | ||
$$'000 | $$'000 | $$'000 | $$'000 | ||
1 | Revenue | 10,978 | 14,789 | 27,209 | 27,885 |
2 | Profit/(loss) before tax | 1,152 | 1,258 | 1,839 | 2,677 |
3 | Profit/(loss) for the period | 462 | 1,188 | 1,149 | 2,607 |
4 | Profit/(loss) attributable to ordinary equity holders of the parent | 458 | 1,088 | 1,137 | 2,611 |
5 | Basic earnings/(loss) per share (Subunit) | 0.55 | 1.32 | 1.37 | 3.16 |
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 ($$) | 0.3857 | 0.3590 |
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:
Country | Base Unit | Subunit |
Malaysia | Ringgit | Sen |
United States | Dollar | Cent |
United Kingdom | Pound | Pence |
JERASIA - GENERAL MEETINGS: NOTICE OF MEETING
Company Name | JERASIA CAPITAL BERHAD |
Stock Name | JERASIA |
Date Announced | 29 Aug 2014 |
Category | General Meetings |
Reference No | CC-140827-45968 |
Type of Meeting | AGM |
Indicator | Notice of Meeting |
Description | Notice of the 14th Annual General Meeting of Jerasia Capital Berhad |
Date of Meeting | 24/09/2014 |
Time | 10:00 AM |
Venue | Bahamas 2 & 3, Level 12, Sunway Resort Hotel & Spa, Persiaran Lagoon, Bandar Sunway, 47500 Selangor Darul Ehsan |
Date of General Meeting Record of Depositors | 17/09/2014 |
FITTERS - Circular/Notice to Shareholders
Company Name | FITTERS DIVERSIFIED BERHAD |
Stock Name | FITTERS |
Date Announced | 29 Aug 2014 |
Category | PDF Submission |
Reference No | ML-140829-37242 |
Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED BONUS ISSUE OF UP TO 137,217,604 NEW ORDINARY SHARES OF RM0.50 EACH IN FITTERS DIVERSIFIED BERHAD (“FITTERS”) (“FITTERS SHARES”) ON THE BASIS OF TWO (2) NEW FITTERS SHARES FOR EVERY FIVE (5) EXISTING FITTERS SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“ENTITLEMENT DATE”); (II) PROPOSED ISSUE OF UP TO 137,217,604 FREE WARRANTS IN FITTERS (“WARRANTS”) ON THE BASIS OF TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING FITTERS SHARES HELD ON THE ENTITLEMENT DATE |
LAYHONG - Annual Report 2014
Company Name | LAY HONG BERHAD |
Stock Name | LAYHONG |
Date Announced | 29 Aug 2014 |
Category | Document Receipt |
Reference No | JM-140829-44281 |
Annual Report for Financial Year Ended | 31/03/2014 |
Subject | Annual Report 2014 |
No comments:
Post a Comment