【YFG 7122 交流专区】（前名 PJI 八打灵建设）

icy97

Date of change	09/03/2015
Name	Soo Hon Chong
Age	49
Nationality	Malaysian
Type of change	Appointment
Designation	Executive Director
Directorate	Executive
Qualifications	Secondary Education
Working experience and occupation	Mr Soo has vast experience and exposure in the Telecommunication and Power/Energy sectors, and currently is the Chairman of an engineering company, which specializes in power electrification projects.

icy97

Type	Announcement
Subject	OTHERS
Description	YFG Berhad ("the Company" or "YFG") - Notice of Intention to Resign
The Board of Directors wish to announce that Mr Geh Yean Chang has given notice on 5 March 2015 of his intention to resign from his position as the Executive Director of the Company.  He will leave on 30 April 2015, upon his retirement from office.

icy97

裕丰每股削资8仙

财经新闻 财经  2015-04-14 10:27
（吉隆坡13日讯）裕丰（YFG，7122，主板贸服股）建议削资，将每股10仙的面值，削掉8仙，至每股2仙。

根据文告，削减面值可让公司获得最多8514万2480令吉的账面盈余，最少也有4872万5600令吉。

该公司表示，所得将用来抵消累积亏损，剩下的盈余，则会纳入资本储备（capital reserves）里。

“削减面值可整顿资产负债表，同时，也更佳地反映目前的财务状况。”

另外，抵消累积亏损不仅可巩固公司与银行家、客户、供应商、投资者和其他股东之间的信誉，也能为未来增长提供一个更好的财务平台。

如无意外，削资活动料能在第三季完成。

更改财年

同时，裕丰也获批把财政年的截止日期，从6月30日，改为9月30日。

因此，接下来的财务报表将为期15个月，从2014年7月1日，直至2015年9月30日。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	YFG BERHAD (“YFG” OR THE “COMPANY”) • PROPOSED PAR VALUE REDUCTION • PROPOSED AMENDMENTS
On behalf of the Board of Directors of YFG, KAF Investment Bank Berhad wishes to announce that the Company is proposing to undertake the following proposals:- (i) proposed reduction of the issued and paid-up share capital of YFG pursuant to Section 64 of the Companies Act, 1965, involving the cancellation of RM0.08 of the par value of every existing ordinary share of RM0.10 each in YFG (“Proposed Par Value Reduction”); and (ii) proposed amendments to the Memorandum and Articles of Association of YFG to facilitate the Proposed Par Value Reduction. Kindly refer to the attached document for the complete announcement. This announcement is dated 13 April 2015. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1932005

Attachments YFG - Proposals.pdf

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Change of Financial Year End

YFG BERHAD

Old financial year end	30/06/2014
New financial year end	30/09/2015

Remarks :

The Board of Directors of the Company has approved the change of financial year end of the Company from 30 June to 30 September. The following financial statements will be made up from 1 July 2014 to 30 September 2015 covering a period of 15 months. Thereafter, the financial year end of the Company shall be 30 September for each subsequent year.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		Three Months	Three Months	Nine Months	Nine Months
		01 Jan 2015 To	01 Jan 2014 To	01 Jul 2014 To	01 Jul 2013 To
		31 Mar 2015	31 Mar 2014	31 Mar 2015	31 Mar 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	11,144	38,089	54,559	121,793
2	Profit/(loss) before tax	369	636	1,327	2,561
3	Profit/(loss) for the period	468	209	1,085	1,648
4	Profit/(loss) attributable to ordinary equity holders of the parent	468	209	1,097	1,648
5	Basic earnings/(loss) per share (Subunit)	0.08	0.03	0.18	0.27
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 ($$)	0.0434		0.0409

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Date of change	30 Apr 2015
Name	Mr GEH YEAN CHANG
Age	56
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	Personal Reason
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No
Qualifications	NA
Working experience and occupation	NA
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	(1) Mr Geh Yean Chang's direct interest in YFG is via his 22,355,400 shareholdings and 11,017,341 warrant holdings; and(2) Mr Geh Yean Chang's indirect interest in YFG is via his deemed interest by virtue of Section 6A of the Companies Act, 1965 via Apex Term Sdn Bhd's direct 7,686,000 shareholdings and 3,843,000 warrant holdings in YFG.

icy97

裕丰拟发1亿票据

财经新闻 财经  2015-05-09 13:08
（吉隆坡8日讯）裕丰（YFG，7122，主板贸服股）建议，发售总值最高达1亿令吉可赎回可转换商业及中期票据。

根据文告，上述票据将分成6批发售，首三批各发售1000万令吉，而第4及第5批则分别发售2000万令吉，最后则是发售总值3000万令吉的票据。

裕丰表示，票据利率为每年2%，每半年支付一次利息（6月30日和12月31日）。

“我们预计可通过发售票据筹得最多1亿令吉，其中的7050万令吉，将作为营运资本，包括支付承包商和供应商的原料费用、行政和行销费用等。”

而另外的2200万令吉，则将用来偿还银行贷款，从中每年可节省220万令吉的利息。

首批票据预计可在下半年面市。

裕丰闭市时以全日最高价8.5仙挂收，起0.1仙或13.33%，成交量有241万3500股。【南洋网财经】

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	YFG BERHAD ("YFG" OR "COMPANY")PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE NOTES PROGRAMME COMPRISING REDEEMABLE CONVERTIBLE COMMERCIAL PAPERS AND/OR REDEEMABLE CONVERTIBLE MEDIUM TERM NOTES WITH AN AGGREGATE PRINCIPAL AMOUNT OF UP TO RM100.0 MILLION
On behalf of the Board of Directors of YFG, Kenanga Investment Bank Berhad wishes to announce that the Company proposes to undertake an issuance of redeemable convertible notes programme comprising redeemable convertible commercial papers and/or redeemable convertible medium term notes with an aggregate principal amount of up to RM100.0 million (“Proposed Notes Issue”). Further information on the Proposed Notes Issue is as set out in the attachment. This announcement is dated 8 May 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4731165

Attachments YFG - Announcement.pdf

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呈錯誤財報‧裕豐遭罰款20萬

2015-05-15 10:33      
（吉隆坡14日訊）裕豐（YFG，7122，主板貿服組）董事部因批准將錯誤和具誤導性的財報提呈給大馬股票交易所，而遭證券監督委員會（SC）公開譴責並罰款20萬令吉。

裕豐在文告中指出，證監會指控公司董事部在去年11月5日，批准將錯誤和具誤導性的經修正的2014財政年已稽查財報呈交給交易所，因證監會無法查明該公司所列出的價值337萬5千令吉的虧損撥備調整。

因此，證監會要求裕豐在1個月時間內修改和重新發佈2014年的已稽查財報，並恢復原有的844萬2千令吉虧損撥備額，同時依此在財報中作出相符的調整。

除上述要求外，證監會也向裕豐董事部祭出20萬令吉罰款，並且作出譴責。

裕豐表示會按照證監會要求重新評估已稽查財報，同時在限定時間內給予證監會回應。（星洲日報／財經）

Type	Announcement
Subject	OTHERS
Description	YFG Berhad ("YFG" or "the Company")-Imposition of Sanctions against YFG and the Board of Directors of YFG as at 5 November 2014 for breach under Section 354(1)(a) read together with Section 369(b)(B) of the Capital Markets and Services Act 2007
The Company and the Board of Directors have received the letters dated 13 May 2015 from the Securities Commission ("SC") informing that SC has imposed sanctions against the Company and the Board of Directors as at 5 November 2014 for breach under Section 354(1)(a) read together with Section 369(b)(B) of the Capital Markets and Services Act 2007 ("CMSA") for knowingly authorising the furnishing of false or misleading statements in the Amended Audited Financial Statements ("Amended AFS") of the Company to Bursa Malaysia Securities Berhad on 5 November 2014. SC has found that the impairment loss adjustment of RM3.375 million made in the Amended AFS of the Company for the financial year ended 30 June 2014 was unascertainable. As such, the Company is required to rectify and reissue its Audited Financial Statements for year ended 30 June 2014, by reinstating the impairment loss of RM8.442 million and make the necessary consequential amendments to its financial statements accordingly, within one (1) month from the date of the letter. The action imposed against the Board of Directors of the Company at the material time are as follows:- (a) A penalty of RM200,000 pursuant to Section 354(3)(b) of the CMSA; and (b) A reprimand pursuant to Section 354(3)(c) of the CMSA. The Company will review its Amended AFS again and reply to SC within the stipulated time.

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裕丰准延长2个月 公布修改审计财报

财经新闻 财经  2015-06-14 10:28
（吉隆坡13日讯）大马证监会批准，裕丰（YFG，7122，主板贸服股）修改和重新公布2014年经审计财务报告的期限，延长两个月，至8月12日。

此外，延长期限包括进行相应的修改。

上个月，裕丰上财年经审计财报，出现虚报与不实数据，触犯证监会条例，因而被公开谴责与罚款20万令吉。

证监会发现公司在截至去年6月杪的经审计财年中，总值337万5000令吉的减值亏损是不确实的。

证监会下令，公司必须在1个月内，将减值亏损修订成原本的844万2000令吉，并进行相应的修改，以重新公布修正后的上财年财报。

同时，公司董事被罚款20万令吉，并遭到证监会公开谴责。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	YFG Berhad ("YFG" or "the Company")-Imposition of Sanctions against YFG for breach under Section 354(1)(a) read together with Section 369(b)(B) of the Capital Markets and Services Act 2007
Further to the Company's announcement dated 14 May 2015, the Company wishes to update Bursa Malaysia Securities Berhad that the Securities Commission has today granted an extension of two months from 12 June 2015 for the Company to rectify and reissue its Audited Financial Statements for year ended 30 June 2014 and effect other necessary consequential amendments to its financial statements. This announcement is made on 12 June 2015.

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裕丰1.1亿合约被取消

财经新闻 财经  2015-08-08 10:35
（吉隆坡7日讯）裕丰（YFG，7122，主板贸服股）宣布，在彭亨兴建一座13兆瓦生物质发电厂的工程、采购和承建（EPCC）合约被取消。

2012年，Agni电力颁发总值1亿1000万令吉的合约给裕丰子公司YFG工程，后者将担任该项计划的承包商。

不过，裕丰却在周三接获Agni电力的通知，表示取消EPCC合约。

公司目前正在寻求律师的法律咨询，以决定下一步行动。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	YFG Berhad ("the Company" or "YFG")-Termination of Engineering, Procurement and Construction Contract (EPCC) dated 10 July 2012 entered between YFG Engineering Sdn Bhd (formerly known as P.J. Indah Sdn Bhd) and Agni Power Sdn Bhd
Further to the Company’s announcement made on 10 July 2012, in relation to the execution of Engineering, Procurement and Construction Contract (“EPCC”) between YFG Engineering Sdn Bhd (“YFGE”) and Agni Power Sdn Bhd (“APSB”) to undertake the construction of a 13MW Biomass Power Generation Plant with 10MW exportable power to be located at that parcel of land known as FT1510, Jalan Gugusan Bera, Bandar Bera, Pahang Darul Makmur, Malaysia at a contract price of RM110 million, the Company wishes to update that YFGE has, on 5 August 2015, received a letter from APSB’s lawyer, Messrs Lawrence Hisham & Co., giving YFGE notice to terminate the EPCC pursuant to Clause 5 of the EPCC. No other reason for the termination has been stated in the letter. The Company intends to dispute APSB’s right to terminate the EPCC, and is presently seeking the necessary legal advice from its lawyers to ascertain the next course of action, and will update Bursa accordingly. This announcement is made on 7 August 2015.

APULA

申请延期遭拒 裕丰月底前须呈财报
财经新闻 财经  2015-08-16 10:41
http://www.nanyang.com/node/717806?tid=462

（吉隆坡15日讯）裕丰（YFG，7122，主板贸服股）申请延长期限遭证监会拒绝，必须在本月底之前，重新公布2014财年已审计财务报告。

根据文告，证监会已在7月杪发出通知书，拒绝延长期限的申请，指示裕丰必须按时重新公布财报。

另一方面，裕丰今日也公布未审计业绩。

公司今年4月初至6月杪的季度，净亏13万9000令吉，每股净亏0.02仙，而去年同期为净亏1269万3000令吉。

同期营业额报903万6000令吉，按年大跌69.27%，远逊去年同期的2940万3000令吉。

至于12个月（2014年7月1日至2015年6月30日）的业绩公司净赚95万8000令吉，每股净利0.16仙，2014财年则净亏1104万2000令吉。

同期营业额挫57.94%，至6359万5000令吉，低于2014财年的1亿5119万7000令吉。

委独立非执董

同时，裕丰今日也委任54岁的池贺伟（译音），担任独立非执行董事。

池贺伟拥有资深法律背景，他曾在许多家上市公司担任法律顾问。

Type	Announcement
Subject	OTHERS
Description	YFG Berhad ("YFG" or "the Company") -Imposition of Sanctions against YFG for breach under Section 354(1)(a) read together with Section 369(b)(B) of the Capital Markets and Services Act 2007
Further to the Company's announcements dated 14 May 2015 and 12 June 2015, the Company wishes to update Bursa Malaysia Securities Berhad that pursuant to the Company's appeal to Securities Commission ("SC") on 12 June 2015 to review its decision imposed on the Company and its Board of Directors, the SC has via its letter dated 31 July 2015 rejected the appeal and directed the Company to reissue its Audited Financial Statements for the financial year ended 30 June 2014 by 31 August 2015. This announcement is dated 14 August 2015.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		Three Months	Three Months	Twelve Months	Twelve Months
		01 Apr 2015 To	01 Apr 2014 To	01 Jul 2014 To	01 Jul 2013 To
		30 Jun 2015	30 Jun 2014	30 Jun 2015	30 Jun 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	9,036	29,403	63,595	151,197
2	Profit/(loss) before tax	-141	-13,294	1,186	-14,106
3	Profit/(loss) for the period	-139	-12,699	946	-14,424
4	Profit/(loss) attributable to ordinary equity holders of the parent	-139	-12,693	958	-14,418
5	Basic earnings/(loss) per share (Subunit)	-0.02	-2.08	0.16	-2.37
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 ($$)	0.0432		0.0409

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YFG BERHAD

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 FIRST ANNOUNCEMENT
Description	YFG Berhad ("YFG" or "the Company")-First Announcement Pursuant to the Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
In accordance with the requirement of the Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company hereby announce that YFG is an affected listed issuer as the auditors have expressed an emphasis of matter on YFG and its subsidiaries' ability to continue as a going concern in its Reissued Audited Financial Statements for the year ended 30 June 2014 issued under the Directive of Securities Commission, and the shareholders' equity of YFG as at 30 June 2014 is less than 50% of the issued and paid-up capital of the Company . The full text is attached herewith.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4874625

Attachments YFG BERHAD-PN17.pdf

icy97

財報受質疑‧列PN17‧裕豐大挫41.6%

2015-09-24 11:38      
（吉隆坡23日訊）裕豐（YFG，7122，主板貿服組）因財報受稽查師質疑營運能力，因而成大馬交易所PN17公司，該公司股價也應聲狂瀉。

裕豐於昨日宣佈掉入PN17行列後，閉市收在全日最低，掛3.5仙，大挫41.6%或2.5仙。

根據裕豐於昨日發佈的文告，因稽查師依據2014年6月30日發出的財報，質疑裕豐繼續營運能力而被大馬交易所列為PN17公司。

裕豐於昨日（22日）在證券委員會（SC）的監督下重新發出財政年2014年6月30日的年度財報，在該財報中該公司的股東產權仍低於該公司已發行及繳足股本的50%，因此被列為PN17公司。

根據裕豐文告，該公司必須要在12個月內提交改革計劃，及在證券委員會規定的時限裡進行改革。

若無法如期改革將除牌

若裕豐無法在期限內完成改革將被大馬交易所除牌。

早前，該公司因董事部批准將錯誤和具誤導性的財報提呈給大馬股票交易所，而遭證券監督委員會（SC）公開譴責並罰款20萬令吉，要求該公司恢復原有的844萬2千令吉虧損撥備額，同時依此在財報中作出相符的調整。

根據裕豐最新截至2015年6月30日未審核財報，該公司虧損從1千269萬3千令吉縮窄至13萬9千令吉，而營業額則從2千940萬令吉下跌至904萬令吉。

裕豐前身為八打靈建設，在2001年上市大馬交易所，於2013年改名為裕豐。

該公司在首次公開售股（IPO）時股價為1令吉50仙，在第一交易天裡就大跌75.7%至36.4仙。（星洲日報／財經）

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Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-07102015-00001
Subject	Notice pursuant to Section 218 of the Company Act, 1965: Hitech Bond (M) Sdn Bhd vs YFG Engineering Sdn Bhd ("Notice")
Description	YFG Berhad ("YFG" or "the Company")- Reply to Bursa Malaysia Securities Berhad's Query Letter dated 7 October 2015
Query Letter Contents	We refer to your Company’s announcement dated 5 October 2015, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- (1) The financial and operational impact of the Notice on the YFG Berhad group.
With reference to the enquiry raised by Bursa Malaysia Securities Berhad vide their letter dated 7 October 2015 in relation to the receipt of the Section 218 Notice by the Company’s wholly owned subsidiary, YFG Engineering Sdn Bhd for a claim of RM530,136.99, the Board of Directors of YFG wishes to inform that there is no material financial impact to the YFG Group based on its unaudited consolidated results for the financial period ended 30 Jun 2015 ("4th Quarter Results") as this amount has been recognised in the 4th Quarter Results as trade payables. The said claim represents only 2.03% of the YFG Group’s net asset as at 30 June 2015. The Company has taken steps to ensure the claim is settled within the time frame set out in the Section 218 Notice.    The claim by Hitech Bond (M) Sdn Bhd is in respect of works for a project that has already been completed, hence the claim will not affect the operations of the current on-going projects. This announcement is dated 8 October 2015.

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无意延长期限 裕丰私配失效

财经新闻 财经  2015-10-10 12:25
（吉隆坡9日讯）裕丰（YFG，7122，主板贸服股）无意延长私下配售期限，该活动因而在今日失效。

根据文告，由于无法寻获投资者，认购这批用作私配的新股，公司决定不延长活动期限。

因此，私配活动已在今日失效。

早前，裕丰建议私下配售最多占缴足资本10%的新股，预计筹资高达967万5000令吉，用作营运资金。【南洋网财经】

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	YFG BERHAD ("YFG" OR THE "COMPANY")PRIVATE PLACEMENT
We refer to the Company’s announcement dated 13 April 2015 and its previous announcements in relation to the private placement of up to approximately 10% of the issued and paid-up share capital of YFG (“Private Placement”). On behalf of the Board of Directors of YFG, KAF Investment Bank Berhad wishes to announce that the approval granted by Bursa Malaysia Securities Berhad (“Bursa Securities”), vide its letters dated 10 April 2015, for the implementation of the Private Placement has lapsed on 9 October 2015. In view that the Company was not able to secure any placee for the Private Placement prior to the expiry of Bursa Securities’ approval, the Company has decided not to proceed with the Private Placement. Accordingly, the Private Placement is deemed completed today. This announcement is dated 9 October 2015.

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Type	Announcement
Subject	MATERIAL LITIGATION
Description	YFG Berhad ("YFG" or "the Company")- Notice of Demand Pursuant to Section 218 of the Companies Act, 1965: Success Transformer Marketing Sdn    Bhd (STM) vs YFG Engineering Sdn Bhd (YFGE)
The Company wishes to inform Bursa Malaysia Securities Berhad that YFGE, a wholly-owned subsidiary of the Company had on 28 October 2015 received a Notice Pursuant to Section 218 of the Companies Act, 1965  from STM filed through its solicitors Messrs.Manjit Singh Sachdev, Mohammad Radzi & Partners, to demand an alleged outstanding sum of RM883,398.00 in respect of the materials/goods supplied. The Company is seeking legal advice on the above and is in the stage of negotiation to ensure that the claim could be resolved. Further announcement on the development of the above matter will be made to the Bursa Malaysia Securities Berhad in due course. This announcement is dated 29 October 2015.

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ype	Announcement
Subject	MATERIAL LITIGATION
Description	YFG Berhad ("YFG" or "the Company")- Defaults Interest and Principal Payments by Subsidiary Companies
The Company wishes to inform Bursa Malaysia Securities Berhad that two of its wholly owned subsidiary companies, namely YFG Engineering Sdn Bhd ("YFGE") and YFG Properties Sdn Bhd ("YFGP") had defaulted in interest and principal payments to Hong Leong Bank Berhad ("HLBB").  The details as follow:- (1) YFGE YFGE had received a Notice of Demand dated 3 November 2015 from HLBB on 4 November 2015 filed through their solicitor Messrs Shook Lin & Bok, to demand the outstanding balance of RM1,008,208.27 in connection with the overdraft facilities granted to YFGE. The reason for the default to HLBB was due to its financial constraints.  YFGE is currently seeking legal advice on the above and will negotiate with HLBB for an amicable resolution.  The financial implication is immaterial since the said claim represents only 4.07% of the YFG Group’s net asset as at 30 June 2014 The abovementioned default is not in respect of default of loan stocks or bonds or in respect of payments under a debenture.  The default by YFGE does not constitute a cross default under a different agreement. YFGE is not considered a major subsidiary of the YFG Group as the total assets of YFGE based on its audited accounts was RM62.43 million which represent 47.06% of the YFG Group's total assets employed of 30 June 2014. (2) YFGP YFGP had received a Notice of Demand dated 3 November 2015 from HLBB on 4 November 2015 filed through their solicitor Messrs Shook Lin & Bok, to demand the outstanding balance of RM8,914,520.82 in connection with the fixed term loan granted to YFGP totalling RM9 million on financing the purchase of a piece of land held under Geran No.204616, Lot No.78650, Mukim Damansara, District of Petaling together with a custom built single storey detached warehouse factory annexed with a three storey office ("Property") The reason for the default to HLBB was due to its financial constraints.  YFGP is currently seeking legal advice on the above and will negotiate with HLBB for an amicable resolution. The financial implication is material since the said claim represents 35.96% of the YFG Group’s net asset as at 30 June 2014. The abovementioned default is not in respect of  default of loan stocks or bonds or in respect of payments under a debenture.  The default by YFGP does not constitute a cross default under a different agreement. YFGP is not considered a major subsidiary of the YFG Group as the total assets of YFGP based on its audited accounts was RM17.62 million which represent 13.29% of the YFG Group's total assets employed of 30 June 2014. The Board of Directors hereby declares that YFG is solvent because based on the Property charged to HLBB, which has a market value that exceeding the outstanding loan sum, YFG will be able to settle the loan upon the completion of the Sales and Purchase Agreement of the Property. This announcement is dated 5 November 2015.

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Type	Announcement
Subject	MATERIAL LITIGATION
Description	YFG Berhad ("YFG" or "the Company")- Defaults in Interest and Principal Payments by Subsidiary Companies
The Board of Directors of the Company wishes to inform Bursa Malaysia Securities Berhad that the attached amended announcement shall supersede the announcement dated 5 November 2015. This announcement is dated 9 November 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4915365

Attachments YFG_Amended Announcement.pdf

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Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-06112015-00002
Subject	Defaults Interest and Principal Payments by YFG Engineering Sdn Bhd ("YFGE") and YFG Properties Sdn Bhd ("YFGP"), subsidiary companies of YFG Berhad ("Defaults in Payments")
Description	YFG Berhad ("YFG" or "the Company")- Reply to Bursa Malaysia Securities Berhad's Query Letter dated  6 November 2015
We refer to the Company's announcement dated 5 November 2015 and the Query Letter dated 6 November 2015 from Bursa Malaysia Securities Berhad on the above matter and furnish the following additional information:- (1) YFGE had defaulted in the overdraft interest payment on 31 October 2015.  YFGP had defaulted in the term loan interest payment on 30 September 2015 and 31 October 2015.   The Notice of Demand from HLBB was received by the subsidiary companies on 4 November 2015. (2) YFG Berhad group shall endeavour to continue it's business and operations notwithstanding the defaults and will engage with lenders and suppliers for their continue supports This announcement is dated 9 November 2015.