【JAVA 7247 交流专区】佳华

icy97

陷亏多年难经营 佳华关4子公司

财经新闻 财经  2015-12-17 10:33
（吉隆坡16日讯）佳华（Java，2747，主板工业产品股）因营运困难，加上过去几年持续亏损，旗下4家子公司将停止营运。

佳华向马交所报备，4家子公司分别为佳华工业、佳华木材、佳华木料及佳华资源。

由于原木供应不足，木材制造缺乏经济规模，导致生产成本高企，冲击公司营运，所以佳华旗下木材制造业务短期内都将无法转亏为盈。

该公司说，更谨慎的伐木监管条例实施后，沙巴木材领域持续面对原料短缺的问题。

且物流成本高，加上令吉贬值，要进口数量不多的原料，并不是个可行的替代方案。

因此过去数月内，已渐渐减少木材产品生产，仅专注完成手上订单。

4家子公司料于今年底结业。

然后，公司将专注重组业务和寻找有利可图业务和机会，扭转财务状况。

另一方面，该公司也向马交所报备，子公司佳华工业和佳华木料，无法偿还丰隆银行达3022万令吉。【南洋网财经】

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-15122015-00002
Subject	CESSATION OF TIMBER OPERATIONS OF JAVA INDUSTRIES SDN BHD (JISB), JAVA WOODS SDN BHD (JWSB), JAVA TIMBER SDN BHD (JTSB) AND JAVA RESOURCES SDN BHD (JRSB)
Description	JAVA BERHAD ("JAVA" or "the Company")- REPLY TO BURSA MALAYSIA SECURITIES BERHAD'S QUERY LETTER DATED 15 DECEMBER 2015
Query Letter Contents	We refer to your Company’s announcement dated 14 December 2015, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1)      To define “timber manufacturing operations” and to provide the specific types of timber businesses to cease, including whether the cessation would include the trading of timber products. 2)      Historical financial information of JISB, JWSB, JTSB and JRSB for the past 3 years including turnover, profit / loss before tax, profit / loss after tax, total assets and total liabilities. 3)      Details / description of properties owned by JISB, JWSB, JTSB and JRSB and what is the proposed usage of the properties after the cessation. 4)      To quantify the impairment loss on plant and retrenchment cost and its source of funds together with its effects on the earnings per share and net assets per share. 5)      To provide the segmental revenue and profit from the timber business, plantation and investment holding respectively (in absolute amount and percentage) based on the latest audited financial statements and latest unaudited financial results. 6)      Further details of the other existing business of the Group to be restructured. 7)      The types of the business that is being currently considered by the Board in order to turnaround the Group. 8)      The Group’s corporate structure before and after the cessation of timber business and what are the Company’s plan with regard to the remaining business moving forward. 9)      Whether JISB, JWSB, JTSB and JRSB will be wound up upon the completion of cessation of timber business. 10)    Whether JISB, JWSB, JTSB and JRSB are major subsidiaries of your Company. 11)    Whether your Company will trigger Paragraph 8.03A / PN17 arising from the cessation of the timber business.
We refer to the announcement made by the Company dated 14 December 2015 in respect to the Cessation of Timber Operations of Java Industries Sdn Bhd ("JISB"), Java Woods Sdn Bhd ("JWSB"), Java Timber Sdn Bhd ("JTSB") and Java Resources Sdn Bhd ("JRSB") and append herewith the additional information as set out in the attachment below for public release. For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the announcement dated 14 December 2015 unless otherwise stated. This announcement is dated 16 December 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4952653

Attachments Reply to Query to Announcement on Cessation of Operations.pdf

icy97

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-15122015-00001
Subject	DEFAULT IN PAYMENT PURSUANT TO PARAGRAPH 9.19A OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS (MAIN MARKET LR)
Description	JAVA BERHAD ("JAVA" or "the Company")- REPLY TO BURSA MALAYSIA SECURITIES BERHAD'S QUERY LETTER DATED 15 DECEMBER 2015
Query Letter Contents	We refer to your Company’s announcement dated 14 December 2015, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1) Further elaboration on the slowdown in businesses as well as adverse market conditions of the timber industry that resulted in the default in payment. 2) Further clarification as to how the business, financial and operations of the Group would be severely affected by the default in payment. 3) The basis in arriving at the Board of Directors’ opinion that the Company is still solvent given that your Company will cease its main business vis-a-vis the timber operations by end of the financial year 31 December 2015.
We refer to the announcement made by the Company on 14 December 2015 in respect to the Default in Payment and append herewith the additional information as set out in the attachment below for public release. For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the announcement dated 14 December 2015 unless otherwise stated. This announcement is dated 16 December 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4952657

Attachments Reply to Query to Announcement on Default in Payment.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	JAVA BERHAD (JAVA OR the Company)                                                             -        CESSATION OF TIMBER OPERATIONS OF JAVA INDUSTRIES SDN BHD, JAVA WOODS SDN BHD, JAVA TIMBER SDN BHD AND JAVA RESOURCES SDN BHD
We refer to the announcement made by the Company on 16 December 2015 in respect to our reply to the query letter from Bursa Securities on the Cessation of Timber Operations of Java Industries Sdn Bhd (“JISB”), Java Woods Sdn Bhd (“JWSB”), Java Timber Sdn Bhd (“JTSB”) and Java Resources Sdn Bhd (“JRSB”) dated 15 December 2015. We wish to clarify that the classification of the Company as an Affected Listed Issuer under Practice Note 17 (“PN17”) would arise when the Company is deemed to have triggered the Prescribed Criteria under PN17, where the shareholders’ equity of the Company on a consolidated basis is 25% or less of the issued and paid-up capital (excluding treasury shares) of the Company and such shareholders’ equity is less than RM40million on the completion of the cessation of the timber business, and the release of the First Announcement by the Company pursuant to PN17. This announcement is dated 17 December 2015.

icy97

JAVA陷入PN17行列
  
2016年1月08日
（吉隆坡8日訊）JAVA（JAVA，2747，主要板工業）因停止經營主要業務，加上股東基金不達標準，而陷入PN17行列。

JAVA向馬證交所報備，該公司今日完成停止Java Industries私人有限公司、Java Woods私人有限公司、Java Timber私人有限公司，及Java Resources私人有限公司的運作，即時被打入PN17行列。

同時，該公司因截至去年12月底的股東基金少過4000萬令吉，少于繳足資本的25%，抵觸馬證交所PN17行列2.1（e）條文。

該公司因而將採取必要措施，提呈重組計劃建議，並收購新業務，維持上市地位。【中国报财经】

icy97

Type	Announcement
Subject	OTHERS
Description	JAVA BERHAD (JAVA OR COMPANY)                                                             -        ANNOUNCEMENT PURSUANT TO PARAGRAPH 8.03A OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS (MMLR)
JAVA BERHAD (“JAVA” OR “COMPANY”)          - ANNOUNCEMENT PURSUANT TO PARAGRAPH 8.03A OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS (“MMLR”) We refer to the announcements made on 14 December 2015, 16 December 2015, 17 December 2015 and 6 January 2016 in relation to the Cessation Of Timber Operations Of Java Industries Sdn Bhd (“JISB”), Java Woods Sdn Bhd (“JWSB”), Java Timber Sdn Bhd (JTSB”) And Java Resources Sdn Bhd (“JRSB”) (hereinafter referred to as “the proposed Cessation”). We wish to inform that the proposed Cessation has been duly completed on 8 January 2016 and pursuant to the said completion, JAVA has triggered Paragraph 8.03A(2) of the MMLR whereby a listed issuer has suspended or ceased all of its business or its major business based on rationale detailed in our earlier announcements mentioned above. The detailed announcement is attached. This announcement is dated 8 January 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4971557

Attachments Detailed Announcement Pursuant to Paragraph 8.03A of MMLR.pdf

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 FIRST ANNOUNCEMENT
Description	JAVA BERHAD (JAVA OR COMPANY)                                                           FIRST ANNOUNCEMENT PURSUANT TO THE PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (MMLR)
Pursuant to PN17 and Paragraph 8.03A/8.04 of the MMLR, the Board of Directors of JAVA wishes to announce that Java is an affected listed issuer as it has triggered Paragraph 2.1(a) of the Practice Note 17 (“PN17”) of the MMLR as the shareholders’ equity of the Company on a consolidated basis is 25% or less of the issued and paid-up capital of JAVA and such shareholders’ equity is less than RM40million based on the Company’s unaudited management accounts as at 31 December 2015. The detailed announcement is attached herewith. This announcement is dated 8 January 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4971577

Attachments Detailed Announcement on PN17 (First Announcement).pdf

icy97

佳华中止木材业务 额外开销拖累陷PN17

财经新闻 财经  2016-01-14 12:15
（吉隆坡13日讯）佳华（JAVA，2747，主板工业产品股）的木材业务中止，并引发总值2212万令吉的额外开销，因而拖累公司陷入PN17公司。

佳华昨天在文告中指出，公司在中止木材业务后，面临1684万令吉的库存注销、478万令吉的贸易应收账款亏损，以及50万令吉的裁员开销。

而佳华截至去年9月杪的业绩，遭到这些项目的冲击后，预期财政状况难以在截至去年12月杪的季度获得改善，因此，公司抵触了PN17条例的2.1（a）条文。【南洋网财经】

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 FIRST ANNOUNCEMENT
Description	JAVA BERHAD ("JAVA" or "the Company")FIRST ANNOUNCEMENT PURSUANT TO THE PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS ("MMLR") OF BURSA MALAYSIA SECURITIES BERHAD
Further to the Company's announcement dated 8 January 2016 and 11 January 2016 pertaining to the First Announcement pursuant to Practice Note 17 ("PN 17") of the MMLR of Bursa Malaysia Securities Berhad, the Company wishes to clarify that JAVA is an affected listed issuer as it has triggered Paragraph 2.1(a) of PN 17 based on the Company's proforma management accounts as at 30 September 2015 after incorporating the financial impact from the cessation of our timber operation and the Company does not expect the financial performance to improve for the quarter ended 31 December 2015. The proforma is derived from the financial result as at 30 September 2015 and after incorporating exceptional items estimated to be about RM22.12 million, being the inventory written off (RM16.84 million), impairment of trade receivables (RM4.78 million) and estimated cash payout in relation to staff retrenchment exercise (RM0.5 million) arising from the cesation of our timber operation. The detailed proforma management accounts is attached herewith. This announcement is dated 12 January 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4973437

Attachments Proforma Management Accounts as at 30 September 2015.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		Three Months	Three Months	Eighteen Months	Eighteen Months
		30 Sep 2015 To	30 Sep 2014 To	30 Jun 2014 To	30 Jun 2013 To
		31 Dec 2015	31 Dec 2014	31 Dec 2015	31 Dec 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	300	6,940	18,895	0
2	Profit/(loss) before tax	-23,498	-4,572	-54,631	0
3	Profit/(loss) for the period	-23,498	-4,572	-54,618	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	-23,421	-4,237	-53,970	0
5	Basic earnings/(loss) per share (Subunit)	-13.51	-2.44	-31.13	0.00
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 ($$)	0.1900		0.5000

Remarks :

The unaudited consolidated financial results for the quarter ended 31 December 2015 should be read in conjunction with the Audited Financial Statements for the year ended 30 June 2014.Due to the change in the current financial year end from 30 June 2015 to 31 December 2015, there were no comparative financial information available for the 18 months financial period 31 December 2015.

icy97

佳華財報現7疑點‧獨立稽查BTMH不發表意見

2016-02-20 17:52      
（吉隆坡20日訊）佳華（JAVA,2747,主板工業產品組）截至2015年12月31日止財政報告潛存7大問題，因此獨立稽查師Baker Tilly Monteiro Heng（BTMH）不會對財務報告發表稽查意見。

BTMH發文告表示，在財報期間，佳華集團和公司淨虧損5千461萬8千令吉和455萬令吉，並錄得172萬1千令吉負營運現金流，而其去年杪總流動負債為5千698萬6千令吉，同時已經違約，種種情況讓人對公司是否有能力營運下去心存疑竇。

此外，該公司在1月因脫售木材業務，正式陷入PN17公司行列，並在2月15日接獲銀行信函，要求在2017年7月前解決債務問題，集團現需要草擬重組計劃來達到監管單位和債權人要求，但BHTM基於無法取得充足和足夠的稽查證據，證實其有能力取得可持續性營運，並從業務創造充足的自由現金流。

BTMH補充，佳華在財報期間，對產業、工廠和設備作出撥備、對木材庫存進行折舊、高達4千161萬6千令吉貸款違約、3千439萬3千令吉的子公司投資，以及拖欠子公司的1億2千175萬5千令吉債務等項目，也通通無法取得充足的稽查證據。

因此，基於上述原因，BHTM根本無法取得充足的稽查證據來作出稽查意見，因此決定不對財報發表稽查意見。

與此同時，佳華截至2015年12月31日止3個月淨虧損從423萬7千令吉擴大至2千342萬1千令吉，18個月淨虧損達5千397萬令吉。

同期營業額僅有30萬令吉，18個月營業額達1千889萬5千令吉。（星洲日報／財經）

Type	Announcement
Subject	OTHERS
Description	JAVA BERHAD ("JAVA" or "the Company")QUALIFICATION IN EXTERNAL AUDITORS' REPORT ON AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2015
Pursuant to Paragraph 9.19(37) of the Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of JAVA ("the Company") hereby announces that the Independent Auditors' Report on the Audited Financial Statements of the Company for the financial period ended 31 December 2015 contains a disclaimer opinion by the Company's External Auditors, Messrs Baker Tilly Monteiro Heng. A copy of the Auditors' Report is annexed herewith. This announcement is dated 19 February 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5004421

Attachments Auditors Report.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2016	31 Mar 2015	31 Mar 2016	31 Mar 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	254	1,138	254	0
2	Profit/(loss) before tax	-2,805	-2,751	-2,805	0
3	Profit/(loss) for the period	-2,805	-2,733	-2,805	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,691	-2,617	-2,691	0
5	Basic earnings/(loss) per share (Subunit)	-1.55	-1.51	-1.57	0.00
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 ($$)	0.1700		0.1900

Remarks :

The unaudited consolidated financial results for the quarter ended 31 March 2015 should be read in conjunction with the Audited Financial Statements for the year ended 31 December 2015.Due to the change in the current financial year end from 30 June 2015 to 31 December 2015, there were no comparative financial information available for the 3 months financial period 31 March 2015.

icy97

Type	Announcement
Subject	OTHERS
Description	JAVA BERHAD ("JAVA" or "Company")- Default in payment pursuant to Paragraph 9.19A of the Bursa Malaysia Securities Berhad Main Market Listing Requirements ("Main Market LR")
Please refer to the attachment for the details of the announcement. This announcement is dated 31 May 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111853

Attachments Announcement on Default in Payment 0516.pdf

icy97

无法偿还贷款‧佳华2子公司遭接管

（吉隆坡27日讯）佳华（JAVA，2747，主板工业产品组）旗下两家独资子公司——佳华木材和佳华工业，因无法及时偿还拖欠丰隆银行的3330万3441令吉欠款，资产已遭丰隆银行所委代表接管。

该公司透过文告说，丰隆银行已委任来自毕马威交易顾问公司的两位代表，担任抵押资产的接管人，意味佳华木材和佳华工业将丧失相关资产的控制和管理权。

文章来源：
星洲日报‧财经‧2016.06.28

Type	Announcement
Subject	WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description	JAVA BERHAD ("JAVA" or "the Company")- APPOINTMENT OF RECEIVERS AND MANAGERS OF JAVA TIMBER SDN BHD ("JTSB") AND JAVA INDUSTRIES SDN BHD ("JISB"), WHOLLY-OWNED SUBSIDIARIES OF JAVA
The Board of Directors ("Board") of JAVA wishes to announce that JTSB and JISB, being wholly-owned subsidiaries of JAVA, has on 27 June 2016, received a Notice pursuant to Section 186 of the Companies Act, 1965 of the Appointment of Receivers and Managers ("R&M") ("Notice") by Hong Leong Bank Berhad ("HLBB"). Pursuant to the Notice dated 27 June 2016, HLBB has appointed Encik Mohamed Raslan Abdul Rahman and Ms Chan Siew Mei of KPMG Deal Advisory Sdn Bhd, jointly and/or severally as Receivers and Managers over the changed assets of JTSB and JISB under the powers contained in the Debentures dated 9 July 2007 created by JTSB and JISB in favour of HLBB for the facilites granted by HLBB ("Debenture"). This full text of announcement is enclosed herewith for further information. This announcement is dated 27 June 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5133713

Attachments Appointment of Receivers and Managers on Java Timber Sdn Bhd and Java Industries Sdn Bhd.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2016	30 Jun 2015	30 Jun 2016	30 Jun 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	588	471	842	0
2	Profit/(loss) before tax	-1,727	-6,025	-4,532	0
3	Profit/(loss) for the period	-1,727	-6,030	-4,532	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,657	-6,007	-4,348	0
5	Basic earnings/(loss) per share (Subunit)	-0.96	-3.46	-2.51	0.00
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 ($$)	0.1600		0.1900

Remarks :

The unaudited consolidated financial results for the quarter ended 30 June 2015 should be read in conjunction with the Audited Financial Statements for the year ended 31 December 2015.Due to the change in the current financial year end from 30 June 2015 to 31 December 2015, there were no comparative financial information available for the 6 months financial period 30 June 2015.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2016	30 Sep 2015	30 Sep 2016	30 Sep 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	544	469	1,386	0
2	Profit/(loss) before tax	-3,057	-4,028	-7,589	0
3	Profit/(loss) for the period	-3,057	-4,028	-7,589	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,995	-3,928	-7,343	0
5	Basic earnings/(loss) per share (Subunit)	-1.73	-2.27	-4.23	0.00
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 ($$)	0.1400		0.1900

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2016	31 Dec 2015	31 Dec 2016	31 Dec 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	410	300	1,796	0
2	Profit/(loss) before tax	-12,555	-23,498	-20,146	0
3	Profit/(loss) for the period	-12,555	-23,498	-20,146	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	-12,496	-23,421	-19,841	0
5	Basic earnings/(loss) per share (Subunit)	-7.21	-13.51	-11.44	0.00
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 ($$)	0.1200		0.1900

icy97

Suspension and De-Listing of Java Berhad

JAVA BERHAD

Bursa Malaysia Securities Berhad (Bursa Securities) has rejected the application of the Company for an extension of time to submit its regularisation plan. Hence, the Company has failed to comply with its obligation to regularise its condition within the stipulated timeframe.

In the circumstances and pursuant to paragraph 8.04(5) of the Bursa Securities Main Market Listing Requirements, please be informed that:-

(a)    the trading in the securities of the Company will be suspended with effect from 10 April 2017; and

(b)    the securities of the Company will be de-listed on 12 April 2017 unless an appeal against the de-listing is submitted to Bursa Securities on or before 7 April 2017 (the Appeal Timeframe). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.

In the event the Company submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on 12 April 2017 shall be deferred pending the decision on the Company’s appeal.

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 anytime after the securities of the Company have been de-listed 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 business 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.

icy97

佳华财务数据资料不足
审计师“无法表达意见”

2017年5月14日
（吉隆坡13日讯）由于未能取得足够审计证据核实财务数据，外部审计师对佳华（JAVA，2747，主板工业产品股）的财务审计报表，发出“无法表达意见”（Disclaimer Opinion）声明。

PN17公司佳华向交易所报备，外部审计师Messrs Baker Tilly Monteiro Heng，对公司截至2016财年杪的财务审计报表“无法表达意见”。

资不抵债

其中一个原因是，外部审计师无法得知公司能否继续营运。

根据审计报告，佳华集团与公司在2016财年，分别净亏2022万3000令吉和5238万9000令吉。

截至去年，集团的流动负债已超越流动资产，差额达1580万令吉。

集团也涉及贷款违约，种种迹象显示出重大的不稳定因素，而集团与公司继续营运的能力，也令人担忧。

外部审计师表示，无法取得足够及正确的审计证据，来确定集团与公司可以永续经营，并创造充裕的营运现金流。

而重组计划成功及准时推行与否，以达到偿还贷款的义务，目前也依旧是个未知数。

佳华早前宣布，无法呈交年报给交易所。【e南洋】

Type	Announcement
Subject	AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING CONCERN DISCLAIMER OF OPINION
Description	JAVA BERHAD ("JAVA" OR "COMPANY")                                                             DISCLAIMER OPINION ON THE AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016
Pursuant to Paragraph 9.19 (37) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of JAVA hereby announces that the Company’s External Auditors, Messrs Baker Tilly Monteiro Heng has expressed a disclaimer opinion in the Company’s Audited Financial Statements for the financial ended 31 December 2016. A copy of Messrs Baker Tilly Monteiro Heng’s Report is annexed herewith. This announcement is dated 12 May 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5425237

Attachments JAVA-Auditors Report FYE 31 December 2016.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2017	31 Mar 2016	31 Mar 2017	31 Mar 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	149	254	149	254
2	Profit/(loss) before tax	-744	-2,805	-744	-2,805
3	Profit/(loss) for the period	-744	-2,805	-744	-2,805
4	Profit/(loss) attributable to ordinary equity holders of the parent	-708	-2,691	-708	-2,691
5	Basic earnings/(loss) per share (Subunit)	-0.41	-1.55	-0.41	-1.55
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 ($$)	0.0700		0.0700

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	JAVA BERHAD ("The Company" or "JAVA") - Memorandum of Understanding entered into between JAVA and Northstar Frontier Sdn. Bhd. ("NFSB")
1.       Introduction The Board of Directors is pleased to announce that JAVA had on 16 June 2017 entered into a Memorandum of Understanding (“MOU”) with NFSB. The Parties are to negotiate in good faith with a view of entering into a definitive sale and purchase agreement (“SPA”) for the acquisition by JAVA of the shares/assets (“Assets”) of NFSB and the other key proposals (“Proposals”) to be implemented under the Proposed Regularization Plan in respect of JAVA. 2.       Information Northstar Frontier Sdn. Bhd. (Company No: 847086-H), is a company duly incorporated under the laws of Malaysia and having its registered address at No. 85, 85A, 85B & 85C, Jalan Harmonium 35/1, Taman Desa Tebrau, Johor Bahru, Johor NFSB is principally involved in the business of property development. 3.       Salient Terms of the MOU 3.1     Effective date  of  MOU The effective date of MOU is 16th June 2017. 3.2     The Proposed Regularization Plan involves, inter alia the proposed divestment of the existing assets and business of JAVA, proposed debt settlement, proposed capital reduction, proposed acquisition of the Assets of NFSB, proposed exemption, proposed placement of shares to meet the public shareholding spread and bumiputra holding requirement.            The Proposals as set out hereinabove are not intended to exhaustive and the Parties hereto are at liberty to incorporate such other or additional proposals as may be required pursuant to the Proposed Regularization Plan. 3.3      Exclusivity             With effect from the date of execution of this MOU, the Parties hereto hereby agree to co-operate exclusively with each other with respect to the Proposals and the SPA unless terminated earlier in writing by either Party hereto. 4.         Directors’ and Substantial Shareholders’ Interest The Directors and substantial shareholders of the Company do not have any interest, direct or indirect in the above MOU. In so far the existing Directors and the substantial shareholders are able to ascertain and are aware, no persons connected to them have any interest, direct or indirect in the said MOU. 5.         Statement by Directors The Board of Directors of the Company, having taken into consideration all aspects of the MOU, is of the opinion that the MOU is in the best interest of the Company. 6.          Approvals Required The MOU does not require approval of the Company’s shareholders and /or any regulatory authorities. 7.          Documents Available For Inspection The MOU is available for inspection at the principal place of business of JAVA at M.02, Mezzanine Floor, Wisma E&C, No 2 Lorong Dungun Kiri, Damansara Heights, 50490 Kuala Lumpur  during normal business hours on Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcements. The Company will make appropriate announcement upon the execution of the definitive agreement in compliance with the requirements of Main Market Listing Requirements of Bursa Malaysia Securities Berhad. This announcement is dated 16 June 2017.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2017	30 Jun 2016	30 Jun 2017	30 Jun 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	140	588	289	842
2	Profit/(loss) before tax	-1,103	-1,727	-1,832	-4,532
3	Profit/(loss) for the period	-1,103	-1,727	-1,832	-4,532
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,015	-1,657	-1,708	-4,348
5	Basic earnings/(loss) per share (Subunit)	-0.59	-0.96	-0.99	-2.51
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 ($$)	0.0600		0.0700

icy97

JAVA以520萬脫售公司

2017年10月09日
（吉隆坡9日訊）JAVA（JAVA，2747，主要板工業）以520萬令吉，將全數Java種植私人有限公司股權，脫售給菲馬機構（FIMACOR，3107，主要板工業）。

雙方公司向馬證交所報備，JAVA與菲馬機構旗下FCB種植控股私人有限公司簽署買賣協議，將Java種植全數100萬股。

JAVA有意將通過上述股權脫售所獲得的資金，用作營運資本和支付其他賬款。【中国报财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	JAVA BERHAD ("JAVA" OR "COMPANY")PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN JAVA PLANTATIONS SDN BHD TO FCB PLANTATION HOLDINGS SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM5,197,118.37 SUBJECT TO ADJUSTMENTS ("PROPOSED DISPOSAL")
On behalf of the Board of Directors of Java, M&A Securities Sdn Bhd wishes to announce that Java had on 6 October 2017 entered into a sale and purchase agreement with FCB Plantation Holdings Sdn Bhd, a wholly-owned subsidiary of Fima Corporation Berhad for the proposed disposal by Java of 100% equity interest in Java Plantations Sdn Bhd comprising 1,000,000 ordinary shares for a total cash consideration of RM5,197,118.37. Further details on the Proposed Disposal are set out in the attachement below. This announcement is dated 6 October 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5566197

Attachments Java - Announcement.pdf