【YFG 7122 交流专区】（前名 PJI 八打灵建设）

Tony-Pua

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	YFG BERHAD ( "YFG" OR "COMPANY" )PROPOSED REGULARISATION PLAN
We refer to the Company’s announcements dated 28 August 2018, 29 August 2018, 27 February 2019, 28 February 2019 and 28 March 2019 in relation to the Proposed Regularisation Plan (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of the Company, TA Securities wishes to announce that Bursa Securities, vide its letter dated 16 May 2019 (“Bursa’s Letter”), informed that after due deliberation and having considered all facts and circumstances of the matter including the Company’s written and oral representations, the Listing Committee (“LC”) had decided that the matters raised by YFG did not constitute any reason to depart from Bursa Securities’ earlier decision to reject the Company’s Proposed Regularisation Plan. Accordingly, the LC dismissed the Company’s appeal against the rejection by Bursa Securities of the Company’s Proposed Regularisation Plan. In arriving at the aforesaid decision, the LC affirmed similar factors as set out in Bursa Securities’ letter dated 27 February 2019 and had considered, amongst others, the following factors:- (i) YFG was dependent on its ability to secure new contracts in addition to completion of the existing contracts to generate sufficient revenue, income and operating cash flow for the Company and its shareholders. In this regard, there were concerns on the ability of YFG to comply with the requirements to discharge itself as an affected listed issuer under Practice Note 17 given that the project in Penor, Kuantan (which was the main project of the Company's Proposed Regularisation Plan) had been terminated and the Company was still in negotiations and had yet to secure other substantial projects. As such, the Company and Principal Adviser had not demonstrated to the satisfaction of Bursa Securities, the sustainability, viability and growth prospects of the Company’s core business; (ii) The Company had not been able to demonstrate to the satisfaction of Bursa Securities the ability of YFG to achieve a net profit in 2 consecutive quarterly results immediately after the completion of the implementation of the Proposed Regularisation Plan; and (iii) There were concerns that the Proposed Regularisation Plan was not sufficiently comprehensive given that the Proposed Regularisation Plan may result in YFG’s non-compliance with the public shareholding spread requirement under the Main Market Listing Requirements. In the circumstances and pursuant to Bursa Securities’ letter dated 26 April 2018, the securities of the Company shall be removed from the Official List of Bursa Securities upon the expiry of 2 market days from the date of Bursa’s Letter i.e., on Thursday, 23 May 2019. With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository. Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at any time after the securities of the Company have been delisted from the Official List of Bursa Securities. This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures. Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and businesses and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities. This announcement is dated 16 May 2019.

已除牌。。。

icy97

Date of change	09 May 2019
Name	MADAM LIM YOKE CHENG
Age	51
Gender	Female
Nationality	Malaysia
Designation	Alternate Director
Directorate	Non Independent and Non Executive
Type of change	Resignation
Reason	Due to other commitment
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

No

Qualifications

Major/Field of Study

Institute/University

Additional Information

Working experience and occupation
Family relationship with any director and/or major shareholder of the listed issuer	Noel Joseph Ha Thien Sen - SpouseLim Chin Keong - Brother in law
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	Direct shareholdings in YFG Berhad - 5,853,500 sharesIndirect shareholdings in YFG Berhad - 4,636,767 shares

icy97

Type	Announcement
Subject	OTHERS
Description	YFG Berhad ("YFG" or "the Company")Letter of Award for the Contract Works for the Proposed Construction of 978 Units of Terrace and 146 Units of Semi-detached Houses on Lot 8094, Mukim Penor, Daerah Kuantan, Pahang Darul Makmur for RM40 Million
The Board of Directors of YFG wishes to announce that the wholly-owned subsidiary, YFG Engineering Sdn Bhd has on 14 May 2019 accepted a Letter of Award dated 25 April 2019 from Kencana Amanjaya Sdn Bhd (“KASB”) for the contract works for the proposed construction of 978 units of terrace and 146 units of semi-detached houses on Lot 8094, Mukim Penor, Daerah Kuantan, Pahang Darul Makmur for RM40 Million (“Project”). The Project involves the works in external sewerage and sewerage treatment plant, water reticulation, street lighting, telephone services, and building mechanical and electrical services  The commencement date of the Project (“Commencement Date”) is 30 May 2019  and expected to be completed within twenty four (24) months from the Commencement Date. The Company do not foresee any exceptional risk other than the normal operational risk associated with the Project. The Company will take necessary steps to mitigate the risks as and when it occurs. The Project is expected to contribute positively to the revenue and earnings of the Group for the financial year ending 30 September 2019. None of the Directors and/or major shareholders of the Company and/or persons connected with them, has any interest, direct or indirect, in the Project.