【LOTUS 8303 交流专区】（前名 KFM）

icy97

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERS
Description	LOTUS KFM BERHAD ("LOTUS" OR THE "COMPANY") UPLIFTMENT OF LOTUS FROM BEING CLASSIFIED AS A PN17 COMPANY
For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Circular to shareholders in relation to the Regularisation Plan dated 2 May 2019 and Abridged Prospectus dated 30 October 2019. We refer to the Company’s announcement dated 25 June 2020 in relation to the Company’s submission of the application to Bursa Securities for the upliftment of PN17 status (“Application”). On behalf of the Board, KAF IB wishes to announce that, after due consideration of all facts and circumstances of the Application, Bursa Securities has decided to approve the Application. As a result thereof, the upliftment of Lotus from being classified as a PN17 company will be effective on 8 July 2020. Bursa Securities also wishes to remind that a public listed company must on a continuing basis undertake an assessment of its financial condition to determine whether it triggers any of the criteria under Paragraph 2.1 of PN17 of the Listing Requirements. This announcement is dated 7 July 2020.

wumian2020

没看明白 这有中文的吗

icy97

Type	Announcement
Subject	OTHERS
Description	LOTUS KFM BERHAD ("LOTUS" OR THE "COMPANY")PROPOSED EXEMPTION
On behalf of the Board of Directors of Lotus, KAF Investment Bank Berhad wishes to announce that Lotus has been notified by Lotus Essential Sdn. Bhd. (“LESB”) of its intention to convert its holding of 300,000,000 redeemable convertible preference shares (“RCPS”) through surrendering a combination of one (1) RCPS and RM0.05 in cash for one (1) new share in Lotus (“Share”) (“Proposed Conversion”). As it is not the intention of LESB and the person acting-in-concert, namely Wong Sak Kuan (“PAC”) to undertake a mandatory take-over offer for the remaining Shares and warrants of Lotus not already owned by them upon the Proposed Conversion, both LESB and the PAC intend to seek the approval of the Securities Commission Malaysia for the proposed exemption (“Proposed Exemption”). Please refer to the attachment for further details on the Proposed Exemption. This announcement is dated 24 July 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3071726

Attachments Lotus - Announcement in relation to Proposed Exemption (24.7.2020).pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2020	30 Jun 2019	30 Jun 2020	30 Jun 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	11,760	15,125	41,617	42,188
2	Profit/(loss) before tax	3,954	-511	9,732	-1,730
3	Profit/(loss) for the period	3,954	-511	9,732	-1,730
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,954	-511	9,732	-1,730
5	Basic earnings/(loss) per share (Subunit)	0.57	-0.75	1.74	-2.54
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.50	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 ($$)	0.0800		-0.4400

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2020	30 Sep 2019	30 Sep 2020	30 Sep 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	14,557	16,012	55,098	57,893
2	Profit/(loss) before tax	329	-2,222	10,061	-3,963
3	Profit/(loss) for the period	195	-2,222	9,927	-3,963
4	Profit/(loss) attributable to ordinary equity holders of the parent	195	-2,222	9,927	-3,962
5	Basic earnings/(loss) per share (Subunit)	0.03	-3.26	1.64	-5.81
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.50	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 ($$)	0.0800		-0.4400

LOTUS KFM BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Conversion of Preference Shares
Details of corporate proposal	Conversion of Redeemable Convertible Preference Shares
No. of shares issued under this corporate proposal	60,000,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.1000
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	778,974,904
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 74,516,861.200
Listing Date	04 Dec 2020

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

LOTUS KFM BERHAD

Particulars of Substantial Securities Holder

Name	LOTUS ESSENTIAL SDN BHD
Address	No. 9-1B, Jalan TIB 1/1, Pusat Niaga Batu Caves, Batu Caves 68100 Selangor Malaysia.
Company No.	200501022013 (704143-U)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	LOTUS ESSENTIAL SDN BHD
Address of registered holder	No. 9-1B, Jalan TIB 1/1,Pusat Niaga Batu Caves,68100 Batu Caves,Selangor Darul Ehsan

Date interest acquired & no of securities acquired
Date interest acquired	02 Dec 2020
No of securities	60,000,000
Circumstances by reason of which Securities Holder has interest	Conversion of Redeemable Convertible Preference Shares
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	60,000,000
Direct (%)	7.702
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	04 Dec 2020
Date notice received by Listed Issuer	04 Dec 2020

LOTUS KFM BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Conversion of Preference Shares
Details of corporate proposal	Conversion of Redeemable Convertible Preference Shares
No. of shares issued under this corporate proposal	40,000,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.1000
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	818,974,904
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 78,516,861.200
Listing Date	21 Jan 2021

LOTUS KFM BERHAD

Particulars of substantial Securities Holder

Name	LOTUS ESSENTIAL SDN BHD
Address	No. 9-1B, Jalan TIB 1/1, Pusat Niaga Batu Caves, Batu Caves 68100 Selangor Malaysia.
Company No.	200501022013 (704143-U)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	19 Jan 2021	40,000,000	Others	Direct Interest
	Name of registered holder	Lotus Essential Sdn. Bhd.
	Address of registered holder	No. 9-1B, Jalan TIB 1/1, Pusat Niaga Batu Caves, 68100 Batu Caves, Selangor Darul Ehsan
	Description of "Others" Type of Transaction	Conversion of RCPS

Circumstances by reason of which change has occurred	Conversion of Redeemable Convertible Preference Shares
Nature of interest	Direct Interest
Direct (units)	100,000,000
Direct (%)	12.21
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	100,000,000
Date of notice	21 Jan 2021
Date notice received by Listed Issuer	21 Jan 2021

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	LOTUS KFM BERHAD ("LOTUS" OR "THE COMPANY") - PROPOSED ACQUISITIONS BY LOTUS PLANTATION SDN BHD ("LPSB"), A WHOLLY-OWNED SUBSIDIARY OF LOTUS, OF THE ENTIRE EQUITY INTERESTS IN ASV JAYA RESOURCES SDN BHD ("AJR"), SAM JAYA PLANTATION SDN BHD ("SJP") AND HIJAU RIA SOLUTION SDN BHD ("HRS") (COLLECTIVELY REFERRED TO AS THE "SUBJECT COMPANIES"), FROM TAN MOW HENG AND CHONG YEW LIAN ("VENDORS") FOR A TOTAL CASH CONSIDERATION OF RM3,743,565 ("PROPOSED ACQUISITIONS")
The Board of Directors of LOTUS wishes to announce that LPSB, a wholly-owned subsidiary of LOTUS, had on 21 February 2021 entered into three (3) Share Sale Agreements (“Agreements”) with the Vendors for the Proposed Acquisitions. Further details are set out in the attached announcement. Please refer attachment below.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3131041

Attachments Lotus KFM Berhad - Proposed Acquisition by LPSB.pdf

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	LOTUS KFM BERHAD ("LOTUS" OR "THE COMPANY") - PROPOSED ACQUISITIONS BY LOTUS PLANTATION SDN BHD ("LPSB"), A WHOLLY-OWNED SUBSIDIARY OF LOTUS, OF THE ENTIRE EQUITY INTERESTS IN ASV JAYA RESOURCES SDN BHD ("AJR"), SAM JAYA PLANTATION SDN BHD ("SJP") AND HIJAU RIA SOLUTION SDN BHD ("HRS") (COLLECTIVELY REFERRED TO AS THE "SUBJECT COMPANIES"), FROM TAN MOW HENG AND CHONG YEW LIAN ("VENDORS") FOR A TOTAL CASH CONSIDERATION OF RM3,743,565 ("PROPOSED ACQUISITIONS")
We refer to the Company's announcement made on 22 February 2021 and would like to furnish the following additional information for further clarification:- 1. As disclosed in Paragraph 2.4 of the announcement, the purchase consideration was arrived at on a “willing buyer willing seller basis” after taking into consideration, inter alia:- (a) the net assets of the Subject Companies; and (b) the future earnings potential of the Subject Companies through the management of LOTUS’ assessment of discounted cash flows valuation on the free cash flow to equity of the Subject Companies (“DCF Method”). The management of LOTUS believes that DCF Method is commonly used for valuation in the plantation industry given the relatively well-documented life cycle. The purchase consideration is within the range of acceptable costs given the potential income to be generated, therefore the Board of the opinion that the purchase consideration is fair and reasonable. 2. The 1,744.50 acres land is located at Hutan Simpanan Kekal Sokor Taku Kompartment 145, 146, 147, 148, 149, 177 (sebahagian), 199, 200, 201 (sebahagian), Mukim Sokor, Daerah Sokor, Jajahan Tanah Merah, Kelantan Barat. Through the Proposed Acquisition, LPSB would be able to carry out forest plantation activities on the said land. 3. Regarding the Salient Terms of the Agreements:- Term of payment Upon execution of the agreement, LPSB shall paid 10% deposit or amounting RM 374,356.50 and balance 90% or amounting RM3,369,208.50 on completion date. Refundable Jabatan Perhutanan Negeri Kelantan (“JPNK’) deposit amounting RM1,418,625 shall be paid to vendor upon receive original receipts. Completion cost Completion cost was balance of 90% amounting RM3,369,208.50 and some miscellaneous cost (i.e. professional fee and stamp duty). Termination clause In the event that the Conditions Precedent are not fulfilled within the conditional period or such extended period as may be granted by LPSB, LPSB shall be entitled to terminate this Agreement by giving notice and thereupon the Vendor shall refund the deposit to LPSB. This announcement is dated 24 February 2021.

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	LOTUS KFM BERHAD ("LOTUS" OR "THE COMPANY") - PROPOSED ACQUISITIONS BY LOTUS PLANTATION SDN BHD ("LPSB"), A WHOLLY-OWNED SUBSIDIARY OF LOTUS, OF THE ENTIRE EQUITY INTERESTS IN ASV JAYA RESOURCES SDN BHD ("AJR"), SAM JAYA PLANTATION SDN BHD ("SJP") AND HIJAU RIA SOLUTION SDN BHD ("HRS") (COLLECTIVELY REFERRED TO AS THE "SUBJECT COMPANIES"), FROM TAN MOW HENG AND CHONG YEW LIAN ("VENDORS") FOR A TOTAL CASH CONSIDERATION OF RM3,743,565 ("PROPOSED ACQUISITIONS")
Reference is made to the Company's announcements on 22 February 2021 and 24 February 2021 in relation to the Proposed Acquisitions.The Board of Directors of the Company wishes to announce that the Proposed Acquisitions for ASV JAYA Resources Sdn. Bhd. and SAM Jaya Plantation Sdn. Bhd. have been completed on 11 October 2021 in accordance with the terms and conditions of the respective Agreements. This announcement is dated 11 October 2021.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	12,036	14,557	51,762	55,098
2	Profit/(loss) before tax	655	329	2,831	10,061
3	Profit/(loss) for the period	609	195	2,661	9,927
4	Profit/(loss) attributable to ordinary equity holders of the parent	609	195	2,661	9,927
5	Basic earnings/(loss) per share (Subunit)	0.06	0.03	0.34	1.64
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.50
		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		0.0800

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LOTUS KFM BERHAD

Date of change	30 Sep 2022
Name	MR WONG YAU MIN
Age	30
Gender	Male
Nationality	Malaysia
Designation	Non Executive Director
Directorate	Non Independent and Non Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	Bachelor Degree in Applied Science (Construction Management)	Curtin University, Australia	-
2	Others	Advance Diploma in Civil Engineering	Curtin University, Australia	-

Working experience and occupation	WONG YAU MIN ("Mr. Wong"), age 30, pursued his tertiary studies at Curtin University in Perth, Australia beginning with an Advance Diploma in Civil Engineering and graduating with a Bachelor degree in Applied Science (Construction Management) in 2019.Mr. Wong developed his interests and knowledges in buildings and constructions field by helping in the familys construction business i.e., Sing Foong Niap Engineering Sdn Bhd ("Sing Foong Niap").  Upon graduation in 2020, he joined Sing Foong Niap as the Project Engineer and later was promoted to Operations Manager in 2022. He currently oversees a multi-million project for the construction of the largest paper mill factory in Malaysia with a land size area of 300 acres located in Banting. On 23 June 2021, he was appointed as a Director of LE Plantation Sdn Bhd ("LEP"), overseeing plantation projects in Perak and Kelantan and he is also a shareholder of LEP.Mr. Wong is the son of Datuk Wong Sak Kuan, a Director and major shareholder of Lotus KFM Berhad and MESB Berhad.  Datuk Wong is also the Group Managing Director and controlling shareholder of Sing Foong Niap Group of Companies and Lotus Essential Sdn. Bhd.
Directorships in public companies and listed issuers (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Mr. Wong Yau Min is the son of Datuk Wong Sak Kuan, the Non-Independent Non-Executive Director/ Vice Chairman and a major shareholder of Lotus KFM Berhad

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LOTUS KFM BERHAD

Date of change	03 Oct 2022
Name	MR LIM LIAN CHEE
Age	61
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Masters	Master in Business Administration	University of Southern Queensland
2	Others	Graduate Diploma in Management	University of Southern Queensland	-
3	Others	Advance Diploma in Business Administration	University of Oxford - Thames	-

Working experience and occupation

Mr. Lim Lian Chee ("Mr. Lim") has more than 39 years of banking experience with OCBC Bank Berhad, he held several senior positions with responsibilities for strategy, execution and Performance.He Joined OCBC Bank in 1983, served in various capacities, including as Regional Manager, Head of Business Banking, Head of Consumer Banking, Head of Credit & Senior Manager for many branches.Mr. Lim had retired from OCBC Bank in September 2022 from the position of Managing Director for Commercial Banking in charge of Southern Region2 & East Coast.