【PUNCAK 6807 交流专区】商峰

icy97

王宝钦．商业高峰种油棕

商业高峰（PUNCAK，6807，主板建筑组）去年10月卖掉核心水务资产后，到底想要变成哪类公司？

今年4月，该公司宣布洽购执行主席丹斯里罗查里依斯迈属下建筑公司－－TRIPLC公司（TRIPLC，5622，主板建筑组）的业务。在大型发展工程源源不绝公布之下，拓展建筑业务，确实是不错的建议。

照理说，既然商业高峰和TRIPLC公司拥有相同股东，资产收购谈判即使不顺利，也不会出现太大问题。可是，这项收购计划的原定磋商期限是4个月，商业高峰却在8月宣布双方同意将初步协议和精密审核的期限延后3个月，至11月17日，显然谈判和审查进展不太顺利。

可是，来到10月，商业高峰却突如其来公布，联营公司Danau Semesta将以4亿4650万5690令吉现金价，向升阳控股（Shin Yang）收购Danum Sinar公司所有股权，扩展业务至油棕种植领域。由于商业高峰持有联营公司的60%股权，因此须承担收购价中的2亿6790万3414令吉。

目前，Danum Sinar公司拥有4万6674公顷土地，其中9766.90公顷已栽种油棕，2014至2016年8月产量达2万4869公吨。

虽然商业高峰拥有近3亿令吉现金，不会面对融资问题，可是这项收购却面临其他问题。

首先，上述园丘的超过3万公顷土地尚未种植油棕树，这意味着商业高峰需为此拨出可观的资金。目前，该公司正受油气业和工程订单缩减所拖累，依然蒙受亏损，这笔资金应往何处寻？

此外，尽管种植业近期展望改善，未来出口需求却可能持续疲弱。虽说该公司的联营伙伴包括砂州知名种植商丹斯里余民新和升阳集团创办人兼砂拉越油棕（SOP，5126，主板种植股）执行主席丹斯里林昌和，但选在此时进军毫不熟悉的新行业，会不会太冒险？

上市公司业务方向改变，最身不由己的就是持股不多的小股东。当投资对象改头换面了，如果小股东变心而选择离去，商业高峰可别责怪他们。

文章来源：
星洲日报‧投资致富‧投资茶室‧文：王宝钦‧2016.10.23

icy97

商峰467万沽清Xinnuo Water

2016年11月5日
（吉隆坡4日讯）商峰（PUNCAK，6807，主板基建股）宣布，该集团持股98.65%的Sino Water私人有限公司，以467万6200令吉脱售Xinnuo Water（滨州）公司的100%股权。

根据文告，Sino Water于上月31日与老店镇人民政府，以及中环恒润（北京）环保科技有限公司，签署框架协议。

Sino Water把Xinnuo Water脱售给中环恒润，并由老店镇人民政府鉴定。

通过协议，Sino Water脱售在中国的亏损公司，并减少集团在该投资的损失，同时，也让商峰退出中国的业务。

另外，商峰也宣布，针对露薇（平顶山）水务有限公司（Luwei）的脱售计划，买卖双方同意展延期限至本月25日。【e南洋】

Type	Announcement
Subject	OTHERS
Description	PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")FRAMEWORK AGREEMENT IN RELATION TO THE PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN XINNUO WATER (BINZHOU) CO., LTD, A SUB-SUBSIDIARY OF THE COMPANY
The Board of Directors of Puncak wishes to announce that the Company’s 98.65% subsidiary, Sino Water Pte Ltd (“Sino Water” or “the Vendor”) had on 31 October 2016 entered into a Framework Agreement (“FA”) with Laodian Town People’s Government (“Laodian Government”) and Zhonghuan Hengrun (Beijing) Environmental Technology Co., Ltd (“Zhonghuan Hengrun” or “the Purchaser”) for the proposed disposal of Sino Water’s entire equity interests in Xinnuo Water (Binzhou) Co., Ltd (“Binzhou Co Ltd”) to Zhonghuan Hengrun, which identified by Laodian Government (“Proposed Disposal”) for a cash consideration of RMB7,548,279.40 (equivalent to RM4,676,200.00) (“Proposed Disposal”). For full details of the announcement, please refer to the attached file. This announcement is dated 31 October 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5247465

Attachments Ann311016.pdf

哭哭鸟

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	29,914	46,249	53,687	175,175
2	Profit/(loss) before tax	-102,277	-12,406	-165,218	-32,908
3	Profit/(loss) for the period	-102,392	39,796	-166,329	164,612
4	Profit/(loss) attributable to ordinary equity holders of the parent	-102,375	40,087	-166,179	165,301
5	Basic earnings/(loss) per share (Subunit)	-22.79	9.73	-36.99	40.09
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	100.00
		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 ($$)	3.4100		3.7500

icy97

icy97 发表于 14-7-2016 01:37 AM
商峰售中国水务业务

2016年7月14日
（吉隆坡13日讯）商峰（PUNCAK，6807，主板基建股）建议脱售持股93.81%股权的Luwei（平顶山）水务公司给中国庐山地方政府国有企业。

商峰今日向马交所报备，持股98.65%的 ...

Type	Announcement
Subject	OTHERS
Description	PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY") PROPOSED DISPOSAL OF 93.81% OF EQUITY INTEREST IN LUWEI (PINGDINGSHAN) WATER CO., LTD, A SUB-SUBSIDIARY OF THE COMPANY TO LUSHAN COUNTY CHENGNAN WATER CO., LTD ("THE PURCHASER")
Reference is made to the Company’s earlier announcements dated 13 July 2016, 22 July 2016, 1 September 2016, 1 November 2016 and 30 November 2016 in relation to the Framework Agreement dated 13 July 2016. The Board of Directors of Puncak wishes to announce that the Company’s 98.65% subsidiary, Sino Water Pte Ltd (“Sino Water”) had on 15 December 2016 entered into an Equity Transfer Agreement (“ETA”) with Environmental Holding Pte Ltd (“EHPL”) and Lushan County Chengnan Water Co., Ltd (“Chengnan Water” or “the Purchaser”) for the disposal of 93.81% equity interest in Luwei (Pingdingshan) Water Co., Ltd (“Luwei Co Ltd”) at zero cash consideration and a settlement sum of RMB10.0 million (equivalent to approximately RM6.2 million) only to be paid to Sino Water and its subsidiary for repayment of the outstanding shareholder loans and outstanding consultancy service fees. For full details of the announcement, please refer to the attached file. This announcement is dated 16 December 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5291469

Attachments Disposal Luwei 16122016.pdf

icy97

icy97 发表于 19-4-2016 01:49 AM
签署暂定协议 商峰探讨收购Triplc业务

财经新闻 财经  2016-04-19 13:14
（吉隆坡18日讯）商峰（PUNCAK，6807，主板基建股）与Triplc（TRIPLC，5622，主板建筑股）签署暂定和保密协议，探讨向Triplc收购业务。
...

商峰2.1亿购Triplc

2016年12月18日
（吉隆坡17日讯）商峰（PUNCAK，6807，主板基建股）宣布，以2亿1000万令吉收购Triplc（TRIPLC，5622，主板建筑股）全数股权。

周五，商峰向马交所报备，与Pimpinan Ehsan签署一项有条件股票买卖协议，向后者收购Triplc全数股权。

Triplc内部重组

配合该项收购计划，Triplc将会进行一项内部重组活动。

Triplc将会与Pimpinan Ehsan进行换股，比例为1对1，之后将会把上市地位转移给后者。

一旦完成内部重组活动之后，Triplc将会成为Pimpinan Ehsan的独资子公司。

根据独立估价师的报告，Triplc的全数股票价值介于1亿9153万令吉至2亿3031万令吉。

自雪州水务开始进行整合活动，以及在去年10月完成脱售水务资产给雪州政府之后，商峰一直都在寻找机会增加收入，以减少对目前有关水务及油气业务的依赖。

商峰相信，通过该项收购，将能够提高建筑的业绩表现和长期增长展望。

同时，也预计将会对公司净利带来贡献。

脱售Luwei水务

另一方面，商峰也宣布，完成脱售持股93.81%股权的Luwei（平顶山）水务公司给中国庐山地方政府国有企业，总值1000万人民币（约620万令吉）。

商峰向马交所报备，旗下持股98.65%的子公司Sino水务与 Environmental控股，与庐山地方政府达成股权转让协议，以脱售Luwei公司全数股权给庐山地方政府指定的国有企业。

Sino水务和Environmental控股分别持有Luwei 的93.81%股权，和6.19%股权。

商峰指出，该公司打算退出中国业务，同时，也是子公司Sino水务退出面对亏损业务的机会，以停止亏损。 【e南洋】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	PUNCAK NIAGA HOLDINGS BERHAD ("PUNCAK NIAGA" OR "COMPANY") PROPOSED ACQUISITION BY PUNCAK NIAGA OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL IN TRIplc BERHAD FROM PIMPINAN EHSAN BERHAD FOR A CASH CONSIDERATION OF RM210 MILLION ("PROPOSED ACQUISITION")
We refer to the announcements dated 18 April 2016, 17 August 2016 and 17 November 2016 in respect of the Heads of Agreement between Puncak Niaga and TRIplc Berhad (“TRIplc”). On behalf of the Board of Directors of Puncak Niaga, Hong Leong Investment Bank Berhad wishes to announce that the Company had on 16 December 2016 entered into a conditional share sale agreement with Pimpinan Ehsan Berhad to purchase the entire issued and paid-up share capital of TRIplc for a cash consideration of RM210 million only. Please refer to the attachment for further details on the Proposed Acquisition. This announcement is dated 16 December 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5292085

Attachments Puncak Niaga - Announcement dated 16 December 2016.pdf

icy97

icy97 发表于 17-1-2014 02:11 AM
商峰曼谷水利局合作

财经新闻 财经  2014-01-18 10:16
（吉隆坡17日讯）商峰（PUNCAK，6807，主板基建股）与泰國曼谷水利局（Metropolitan Waterworks Authority，简称MWA）签署了解备忘录（MOU），联手进行互惠 ...

商峰与泰国水利局备忘录失效

2017年1月17日
（吉隆坡16日讯）商峰（PUNCAK，6807，主板基建股）宣布，与泰国曼谷水利局之间的了解备忘录，已在昨天（15日）失效。

商峰向马交所报备，该公司在2014年1月16日，与泰国曼谷水利局签署的备忘录，已经失效。

回顾3年前，双方为“交换计划”（Exchange Programme）签署备忘录，冀望加强合作，包括训练、文化和运动方面的活动。

当时的文告指出，备忘录的有效期限为3年，从2014年1月16日至2017年1月15日。今天，商峰宣布，双方的备忘录已失效。【e南洋】

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY") UPDATE ON MEMORANDUM OF UNDERSTANDING DATED 16 JANUARY 2014 ON THE EXCHANGE PROGRAMME BETWEEN PUNCAK NIAGA HOLDINGS BERHAD, MALAYSIA AND METROPOLITAN WATERWORKS AUTHORITY, KINGDOM OF THAILAND ("MOU")
Reference is made to the Company's earlier announcements dated 16 January 2014, 16 April 2014, 16 July 2014, 16 October 2014, 16 January 2015, 16 April 2015, 16 July 2015, 16 October 2015, 15 January 2016, 15 April 2016, 15 July 2016 and 14 October 2016 in relation to the MOU between Puncak and Metropolitan Waterworks Authority, Kingdom of Thailand ("MWA") for the purpose of collaborating with each other to co-operate and work together on an Exchange Programme for mutual benefit. The Company wishes to update the Exchange that the collaboration between Puncak and MWA under the MOU had lapsed on 15 January 2017. This announcement is dated 16 January 2017.

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	20,550	13,390	73,776	187,987
2	Profit/(loss) before tax	-54,130	-107,796	-214,405	-134,120
3	Profit/(loss) for the period	-93,720	-101,554	-260,049	63,058
4	Profit/(loss) attributable to ordinary equity holders of the parent	-92,763	-99,725	-258,942	65,576
5	Basic earnings/(loss) per share (Subunit)	-20.64	-23.26	-57.63	15.58
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	100.00
		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 ($$)	3.1900		3.7500

icy97

Genbina索赔案
商峰只需付款591万

2017年3月16日
（吉隆坡15日讯）针对商峰（PUNCAK，6807，主板基建股）与分包商Genbina私人有限公司的纠纷，商峰成功将赔偿金额从1572万1057令吉，降至590万6394令吉。

商峰向交易所报备，子公司商峰建筑私人有限公司（PNCSB）目前只需赔偿590万6394令吉给Genbina。

另外，Genbina在其余裁决中索赔的732万2782令吉，也遭到全数驳回。

根据文告，PNCSB在3月8日已与Genbina和共同原告大马DebtVenture公司（MDV），签署同意令，在周三或之前将590万6394令吉支付给MDV。

商峰宣布，该笔金额已在周二汇给MDV。

PNCSB是在去年6月，取消颁发给分包商Genbina私人有限公司的D44工程合约，主要是因为后者违反合约，以及工程进度缓慢。

PNCSB是在2014年委任Genbina为该项工程的分包商。 【e南洋】

Type	Announcement
Subject	MATERIAL LITIGATION
Description	PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")NOTICES OF ADJUDICATION ISSUED UNDER THE CONSTRUCTION INDUSTRY PAYMENT & ADJUDICATION ACT 2012 ("CIPAA") TO THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, PUNCAK NIAGA CONSTRUCTION SDN BHD
Reference is made to the Company's announcements dated  27 May 2016, 14 June 2016, 12 July 2016 and 17 August 2016 in relation to the Notices of Adjudication against its wholly-owned subsidiary, Puncak Niaga Construction Sdn Bhd ("PNCSB") by its previous sub-contractor, Genbina Sdn Bhd ("Genbina"). Puncak wishes to announce as follows:- 1.    That PNCSB has successfully defended a substantial portion of Genbina’s claims in relation to Adjudications  (for the Notices of Adjudication dated 27 May 2016 and 14 June 2016) whereby PNCSB was only required to pay Genbina RM5,906,394.10, (inclusive interests and costs) out of a principal claim sum of RM15,721,057.36. 2.    That Genbina’s remaining adjudications (for the Notices of Adjudication dated 12 July 2016 and 17 August 2016) whereby Genbina has claimed for a principal claim sum of RM7,322,782.92 were dismissed in toto with a combined costs of RM158,000.00 awarded in PNCSB’s favour. 3.    That on 8 March 2017, PNCSB entered into a consent order with Genbina and its financier cum co-plaintiff, Malaysia Debt Ventures Berhad (“MDV”) in relation to Genbina’s application to enforce the Adjudication Award in the Kuala Lumpur High Court Originating Summons No. WA-24C-155-12/2016 that the adjudicated sums for the sum of RM5,906,394.10 will be paid to MDV on or before 15 March 2017 upon MDV’s undertaking to refund the same to PNCSB in the event PNCSB is successful in the arbitration against Genbina. This said sum has been remitted to MDV by PNCSB’s solicitors on 14 March 2017. This announcement is dated 15 March 2017.

icy97

雪水供指违反买卖合约
商峰遭索赔6324万

2017年5月13日
（吉隆坡12日讯）雪州水供管理公司（Pengurusan Air Selangor Sdn Bhd）起诉商峰（PUNCAK，6807，主板基建股）违反买卖合约，并索赔6324万令吉。

商峰周四向交易所报备，收到雪州水供管理公司的通知，要索赔6324万令吉。

同时，雪州水供管理公司也声明，商峰必须持续赔偿其在起诉后的所有亏损，因为若早前签署的买卖协议违约，雪州水供管理公司也将遭殃。

商峰表示，诉讼案是源自双方在2014年11月11日所签署的买卖协议。

根据协议，雪州水供管理公司将以15.6亿令吉，向商峰购买商业高峰（PNSB）所有股权和优先股，以及雪州水供公司（SYABAS）的70%股权和可赎回可转换无担保债券（RCULS）。

PNSB在雪州拥有水源处理厂，而SYABAS则是雪州、吉隆坡和布城的唯一水供公司。

当时，收购是为了整顿和重组雪州的水务领域，合约在2014年11月签署，交易在2015年10月完成。

针对最新诉讼案，商峰已经指示法律顾问展开辩护，且表示，由于结果还未出炉，因此不会影响公司的财务和营运。【e南洋】

Type	Announcement
Subject	MATERIAL LITIGATION
Description	PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")SHAH ALAM HIGH COURT SUIT NO: BA-22NCVC-228-04/2017PENGURUSAN AIR SELANGOR SDN BHD VS PUNCAK NIAGA HOLDINGS BERHAD & 5 OTHERS (THE SUIT)
Puncak wishes to announce to the Exchange that the Company had, on the evening of 9 May 2017, received a sealed copy of the Amended Writ together with an Amended Statement of Claim both dated 28 April 2017 from the solicitors of Pengurusan Air Selangor Sdn Bhd (“PASSB”). The Suit arose from alleged breaches on the Sale and Purchase Agreement dated 11 November 2014 (“SPA”) between Puncak and PASSB relating to the disposals by Puncak of the entire equity interest and cumulative convertible redeemable preference shares held in Puncak Niaga (M) Sdn Bhd (“PNSB”) and 70% equity interest and RM212.0 million nominal value of redeemable convertible loan stocks held in Syarikat Bekalan Air Selangor Sdn Bhd (“SYABAS”) to PASSB for RM1,555.3 million in line with the consolidation/restructuring of the water industry in the State of Selangor and the Federal Territories of Kuala Lumpur and Putrajaya by the State Government and the Federal Government. The disposals of PNSB and SYABAS were completed on 15 October 2015. In the Suit, Puncak is named as the First Defendant. The relief sought by PASSB against Puncak is as follows:- (i)   a sum of RM63,237,583.05 (“Sum”) to be paid within 14 days from the date of the Honourable Court judgment. (ii)  interests on the Sum at the rate of 5% per annum to be calculated from 22 August 2016 until full payment thereof. (iii) a declaration that Puncak continues to indemnify PASSB for all losses which arises after the filing of this claim that PASSB may suffer as a result of the breaches in this action, including but not limited to future RPGT relation to the transfer of properties of PNSB to Puncak Group under the SPA. (iv) general damages to be assessed (“Assessed Damages”) and interests on the Assessed Damages at the rate of 5% per annum to be calculated from the date of assessment until full payment thereof. (v) an order that Puncak do deliver to PASSB the original or photocopies of PNSB’s documents within seven (7) days from the date of the Honourable Court order. (vi) costs and interests at the rate of 5% and other reliefs or orders that the Honourable Court may deem fit and proper to grant. Puncak has instructed its solicitors to contest the matter and to file an appearance at the pre-trial case management on 17 May 2017. Pending the outcome of the Suit, there is no financial impact on the Puncak Group. There is also no operational impact on the Puncak Group. Puncak will make the relevant announcement on further developments on this matter in due course. This announcement is dated 11 May 2017.

icy97

icy97 发表于 1-11-2016 05:40 AM
商峰467万沽清Xinnuo Water

2016年11月5日
（吉隆坡4日讯）商峰（PUNCAK，6807，主板基建股）宣布，该集团持股98.65%的Sino Water私人有限公司，以467万6200令吉脱售Xinnuo Water（滨州）公司的100%股权。

...

Type	Announcement
Subject	OTHERS
Description	PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")NOTICE OF TERMINATION TO ZHONGHUAN HENGRUN (BEIJING) ENVIRONMENTAL TECHNOLOGY CO., LTD IN RELATION TO THE PROPOSED DISPOSAL OF 100% OF EQUITY INTEREST IN XINNUO WATER (BINZHOU) CO., LTD, A SUB-SUBSIDIARY OF THE COMPANY
Reference is made to the Company’s earlier announcement dated 30 November 2016 in relation to the update on the Framework Agreement dated 31 October 2016  entered into between Sino Water Pte Ltd ("Sino Water" or "the Vendor"), Laodian Town People's Government ("Laodian Government") and Zhonghuan Hengrun (Beijing) Environmental Technology Co., Ltd ("Zhonghuan Hengrun") in respect of the proposed disposal of 100% equity interest in Xinnuo Water (Binzhou) Co., Ltd ("Xinnuo Co Ltd"). The Board of Directors of Puncak wishes to announce that the Company's 98.65% subsidiary, Sino Water had on 23 May 2017 issued a Notice of Termination to Zhonghuan Hengrun, the Purchaser identified by Laodian Government, for the proposed disposal of Sino Water's entire equity interest in Xinnuo Co Ltd  as Zhonghuan Hengrun had failed to fulfill the terms of the Framework Agreement dated 31 October 2016 ("FA").  Pursuant to the FA, Laodian Government shall identify a new purchaser to acquire the entire equity interest in Xinnuo Co. Ltd. Please refer to the separate announcement released today in respect of the entry of a new FA for the proposed disposal of Xinnuo Co Ltd. This announcement is dated 23 May 2017.

icy97

Type	Announcement
Subject	OTHERS
Description	PUNCAK NIAGA HOLDINGS BERHAD (416087-U) ("PUNCAK" OR THE "COMPANY")FRAMEWORK AGREEMENT IN RELATION TO THE PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN XINNUO WATER (BINZHOU) CO., LTD , A SUB-SUBSIDIARY OF THE COMPANY
Reference is made to the Company’s earlier announcement dated 30 November 2016 in relation to the update on the Framework Agreement dated 31 October 2016 in respect of the proposed disposal of 100% equity interest in Xinnuo Water (Binzhou) Co., Ltd (“Xinnuo Co Ltd”). The Board of Directors of Puncak wishes to announce that the Company’s 98.65% subsidiary, Sino Water Pte Ltd (“Sino Water” or “the Vendor”) had on 23 May 2017 entered into a new Framework Agreement (“FA”) with Laodian Town People’s Government (“Laodian Government”), Binzhou Haifu Water Co., Ltd (“Binzhou Haifu” or the “Purchaser”) and Yangxin County Chenlou Industrial & Commercial Park Wastewater Treatment Plant (“Chenlou WWTP”) for the Proposed Disposal of Xinnuo Co Ltd to Binzhou Haifu, the newly identified entity by Laodian Government for a total cash consideration of RMB350,000.00 only (equivalent to RM220,500.00) (“Proposed Disposal”). For full details of the announcement, please refer to the attached file. This announcement is dated 23 May 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5435781

Attachments FA Agreement.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	20,316	13,093	20,316	13,093
2	Profit/(loss) before tax	-39,561	-44,036	-39,561	-44,036
3	Profit/(loss) for the period	-42,968	-45,678	-42,968	-45,678
4	Profit/(loss) attributable to ordinary equity holders of the parent	-42,721	-45,547	-42,721	-45,547
5	Basic earnings/(loss) per share (Subunit)	-9.55	-10.18	-9.55	-10.18
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 ($$)	3.1000		3.1900

icy97

购Danau Semesta 90%．商业高峰调低价格至2.77亿

（吉隆坡5日讯）基于土地估值调低，商业高峰（PUNCAK，6807，主板建筑组）与升阳控股（Shin Yang）签署补充协议，将收购种植公司Danum Sinar私人有限公司100%股权金额从4亿4650万5690令吉调低至2亿7658万7524令吉。

与此同时，三方也将签署补充股东协议，商业高峰子公司持有的Danau Semesta股权从60%提高至90%，因此其需通过内部资金承担的融资金额将从2亿6790万3414令吉减至2亿4892万8771令吉。

根据原定协议，商业高峰将先以60万令吉收购Danau Semesta的60%股权，再以4亿4650万5690令吉收购Danau Sinar所有股权，以扩展业务至油棕种植领域。

文章来源：
星洲日报‧财经‧2017.06.06

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PUNCAK NIAGA HOLDINGS BERHAD ("PUNCAK" OR "THE COMPANY") PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP CAPITAL OF DANUM SINAR SDN BHD ("DANUM SINAR") BY DANAU SEMESTA SDN BHD ("DSSB" OR "PURCHASER") ("PROPOSED ACQUISITION")
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in the announcement dated 17 October 2016.) 1.     INTRODUCTION We refer to the announcements dated 17 October 2016 and 17 April 2017 in relation to the Proposed Acquisition. On behalf of the Board of Directors of Puncak, CIMB wishes to announce that DSSB (Purchaser) and SYHSB (Vendor) have on even date entered into a second supplemental sale and purchase agreement to amend and vary the terms of SPA (“Supplemental SPA”), whereby the Purchase Price for the 100% equity interest in Danum Sinar (“Sale Shares”) has been reduced from RM446,505,690.45 to RM276,587,523.65. Further details on the Supplemental SPA are set out in Section 2 of this Announcement. On the same day, MESB, SUSB and ASSB have also entered into a supplemental shareholders’ agreement. Pursuant to this agreement, with effect from 28 June 2017, MESB’s equity interest in the Purchaser  will increase to 90% (from its current equity holding of 60%) while  ASSB’s equity interest in the Purchaser remains unchanged at 10% based on an enlarged share capital of the Purchaser and SUSB will cease to be a shareholder of the Purchaser. As Puncak’s effective interest in the Purchaser (via MESB) is 90%, the portion of the Purchase Price that Puncak has to contribute to the Purchaser for payment to the Vendor is RM248,928,771.29 (previously RM267,903,414.27), which is to be funded via internally generated funds. 2.     CHANGES TO THE SALIENT TERMS OF THE SPA The changes to the salient terms of the SPA pursuant to the Supplemental SPA are set out below. 2.1    Amendments to the Purchase Price The Purchase Price for the Sale Shares has been reduced from RM446,505,690.45 to RM276,587,523.65. The revised Purchase Price of RM276,587,523.65 was arrived at on a willing buyer-willing seller basis and based on the revised value of the Land of RM604,370,399.85 (previously RM735,102,114.25) less the liabilities of Danum Sinar based on its management accounts as at 31 March 2017 of RM327,782,876.20 (“Liabilities”). The Purchase Price is subject to adjustments in accordance with the provision of the SPA. The Liabilities  comprise the bank borrowings and amount owing to the related companies, the directors and external creditors  of Danum Sinar based on the latest available management accounts of Danum Sinar as at 31 March 2017 and is subject to due diligence verification and adjustments. The Vendor shall undertake to fully indemnify and reimburse the Purchaser against all claims and liabilities including any unrecorded liabilities incurred and not reflected in the 31 March 2017 management accounts including any payment of invoices for goods and services consumed by Danum Sinar up to 30 June 2017. In addition, the Purchaser shall cause Danum Sinar to pay the Liabilities (which shall exclude bank borrowings) up to the sum of  RM80,000,000.00 within 60 days from the Completion Date on 3 July 2017. The revised Land value was arrived at based on the following: (i)         the estimated gross land area of the Planted Portion of 9,766.90 hectares at RM16,500.00 per acre (previously at RM18,500.00 per acre) amounting to RM398,211,163.35, subject to the final survey. The Planted Portion consists of the Mature Area and the Immature Area. (ii)         the estimated gross land area of the Unplanted Portion of 33,372.60 hectares at RM2,500.00 per acre (previously at RM3,500.00 per acre) amounting to RM206,159,236.50, based on provisional lease of the Land The price per acre for the Land was arrived at after taking into consideration the market value of the Land and the negotiations between the Purchaser and the Vendor. Details on the valuation of the Land are set out in Section 3 of this Announcement. As Puncak’s effective interest in the Purchaser (via MESB) is 90%, the portion of the Purchase Price that Puncak has to contribute to the Purchaser for payment to the Vendor is RM248,928,771.29 (previously RM267,903,414.27). 2.2    Amendments to the Conditions Precedent for Procurement of Provisional Title One of the Conditions Precedent of the SPA is that the Vendor shall procure at its own costs and expense the provisional title in the name of Danum Sinar for Lot 1 land, Lot 13 land, Lot 14 land and Lot 15 land within 30 days from the date of the SPA or such other extended time as agreed between the parties. Pursuant to the Supplemental SPA, this clause is now only applicable for the Lot 1 land. In relation to Lot 13 land, Lot 14 land and Lot 15 land totalling 3,531 hectares, it is agreed as a Condition Subsequent that the Vendor has up to 6 months from the Completion Date or such other extended time as agreed between the parties to procure the provisional title in the name of Danum Sinar. If this Condition Subsequent is not met by the cut-off date or waived, the Vendor shall refund the Purchaser a sum calculated based on the value of the hectareage of Lot 13 land, Lot 14 land and Lot 15 land as calculated in accordance with the provision of the SPA. 2.3   Completion Date and Timing of the Payment of the Balance Purchase Price The Balance Purchase Price, which is subject to adjustments, shall be paid to the Vendor on the Completion Date which is on 3 July 2017 or on such other extended dates mutually agreed by the Purchaser and the Vendor in accordance with the SPA. 3.     VALUATION OF THE LAND Puncak has appointed VPC Alliance (Sarawak) Sdn Bhd to conduct a valuation of the Land owned by Danum Sinar.  Based on the valuation report dated 26 May 2017, the market value of the Land is RM800,000,000.00. The Planted Portion is valued at RM19,479 per acre while the Unplanted Portion is valued at RM4,000 per acre. The matured fields are valued based on the investment and comparison methods, the immature fields are valued based on the comparison and cost methods while the remaining land is valued based on the comparison method. 4.     DDOCUMENTS AVAILABLE FOR INSPECTION The Supplemental SPA, SPA and the Valuation Report in connection with the Proposed Acquisition, will be available for inspection at the registered office of Puncak at 10th Floor, Wisma Rozali, No. 4, Persiaran Sukan, Seksyen 13, 40100 Shah Alam, Selangor Darul Ehsan during normal business hours from Mondays to Fridays (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 5 June 2017.

icy97

icy97 发表于 1-11-2016 05:40 AM
商峰467万沽清Xinnuo Water

2016年11月5日
（吉隆坡4日讯）商峰（PUNCAK，6807，主板基建股）宣布，该集团持股98.65%的Sino Water私人有限公司，以467万6200令吉脱售Xinnuo Water（滨州）公司的100%股权。

...

商業高峰22萬 售中國Xinnuo水務止損

2017年6月20日
（吉隆坡20日訊）商業高峰（PUNCAK，6807，主要板建築）宣布，旗下間接子公司Xinnuo水務（濱州）公司已在今日與Binzhou Haifu水務公司簽署股權轉移協議，以35萬人民幣（約22萬500令吉）脫售全數股權予后者，同時退出中國市場止損。

商業高峰向馬證交所報備，Xinnuo水務是集團持股98.65%的Sino水務私人有限公司的子公司，后者已在今日與買家Binzhou Haifu簽訂協議。

文告稱，上述售價是雙方在計入以下因素后所達成的協議，包括買家同意支付1145萬1720.60人民幣（約753萬1451令吉）替Xinnuo償還銀行欠款及其他應付款項，共50萬2963.29人民幣（約31萬6867令吉）。【中国报财经】

Type	Announcement
Subject	OTHERS
Description	PUNCAK NIAGA HOLDINGS BERHAD ("PUNCAK" OR THE "COMPANY")PROPOSED DISPOSAL OF 100% OF EQUITY INTEREST IN XINNUO WATER (BINZHOU) CO., LTD, A SUB-SUBSIDIARY OF THE COMPANY TO BINZHOU HAIFU WATER CO., LTD ("THE PURCHASER")
Reference is made to the Company’s earlier announcement dated 23 May 2017 in relation to the update on the Framework Agreement dated 31 October 2016 in respect of the proposed disposal of 100% equity interest in Xinnuo Water (Binzhou) Co., Ltd (“Xinnuo Co Ltd”). The Board of Directors of Puncak wishes to announce that the Company’s 98.65% subsidiary, Sino Water Pte Ltd (“Sino Water”) had on 20 June 2017 entered into an Equity Interest Transfer Agreement (“EITA”) with Binzhou Haifu Water Co., Ltd (“Binzhou Haifu” or “the Purchaser”) for the disposal of 100% equity interest in Xinnuo Water (Binzhou) Co., Ltd (“Xinnuo Co Ltd”) for a total cash consideration of RMB350,000.00 (equivalent to RM220,500.00) only (“Proposed Disposal”). For full details of the announcement, please refer to the attached file. This annoucement is dated 20 June 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5465653

Attachments Ann- Binzhou ETA.pdf

icy97

icy97 发表于 18-6-2017 06:19 AM
购Danau Semesta 90%．商业高峰调低价格至2.77亿

（吉隆坡5日讯）基于土地估值调低，商业高峰（PUNCAK，6807，主板建筑组）与升阳控股（Shin Yang）签署补充协议，将收购种植公司Danum Sinar私人有限公司100%股权 ...

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PUNCAK NIAGA HOLDINGS BERHAD ("PUNCAK" OR "THE COMPANY") PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP CAPITAL OF DANUM SINAR SDN BHD ("DANUM SINAR") BY DANAU SEMESTA SDN BHD ("DSSB" OR "PURCHASER") ("PROPOSED ACQUISITION")
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in the announcement dated 17 October 2016.) We refer to the announcements dated 17 October 2016, 17 April 2017 and 5 June 2017 in relation to the Proposed Acquisition. On behalf of the Board of Directors of Puncak, CIMB wishes to announce that the Proposed Acquisition has been completed following, inter alia, payment of the Balance Purchase Price to the Vendor today. Following the completion of the due diligence verification, the final Purchase Price has been reduced, in accordance with the provisions of the SPA, from RM276,587,523.65 to RM274,734,568.48, based on the final liabilities of Danum Sinar in its management accounts as at 31 March 2017 of RM329,635,831.37 (previously RM327,782,876.20). Resulting from the completion, Danum Sinar is now wholly owned by DSSB which in turn became a 90% subsidiary of MESB (previously 60%) with ASSB as the remaining 10% shareholder. This announcement is dated 3 July 2017.

icy97

Type	Announcement
Subject	OTHERS
Description	PUNCAK NIAGA HOLDINGS BERHAD ("PUNCAK" OR THE "COMPANY")PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN XINNUO WATER (BINZHOU) CO., LTD, A SUB-SUBSIDIARY OF THE COMPANY TO BINZHOU HAIFU WATER CO., LTD (THE PURCHASER)
Reference is made to the Company’s earlier announcement made on 20 June 2017 in respect of the above matter. The Board of Directors of the Company wishes to inform the Exchange that pursuant to the Equity Interest Transfer Agreement executed on 20 June 2017, the regulatory authority in the People’s Republic of China had on 11 July 2017 issued the Business License approving the transfer of 100% equity interest in Xinnuo Water (Binzhou) Co., Ltd (“Xinnuo Co Ltd”) held by Sino Water Pte Ltd to Binzhou Haifu Water Co., Ltd. Accordingly, Xinnuo Co Ltd has ceased to be a subsidiary of Sino Water Pte Ltd with effect from 11 July 2017. This announcement is dated 11 July 2017.

icy97

商峰次季净亏扩大 因成本增加
Ahmad Naqib Idris/theedgemarkets.com
August 28, 2017 20:14 pm MYT

（吉隆坡28日讯）商峰（Puncak Niaga Holdings Bhd）截至2017年6月30日止的财政年次季净亏损扩大66%至3038万令吉，同期仅蒙亏1826万令吉，归咎于营运成本增加。

该集团的财务报表显示，营运成本按年飙涨89%至近6800万令吉，同期仅为3604万令吉。

即便次季营业额暴增186%至2963万令吉，同期录得1036万令吉，惟营运成本大幅增加已抵消营收扩增的正面影响。

商峰的石油与天然气业务也是造成亏损扩大的其中一个原因，归咎于其他收入减少，税前亏损按年攀升52%至290万令吉，同期为190万令吉。此外，油气业务当季也没有为集团贡献营收。

与此同时，在营收贡献走高和营运支出减少的情况下，水务和废水处理业务的税前盈利年增20%至240万令吉。

由于上一年可预见的亏损拨备拨回，建筑业务的税前亏损略微收窄为1420万令吉，相比同期的1450万令吉。

总结本财年首6个月的业绩表现，净亏按年扩增15%至7310万令吉，同期蒙亏6380万令吉；营业额劲扬113%至4994万令吉，同期累计2345万令吉。

展望未来，商峰表示，正放眼扩充国内外的水务和废水、污水处理、环境工程与建筑等核心业务的发展。

该集团也寻求在油棕种植和产业发展等新领域探索商机。

该集团目前正放眼标得更多本地和区域的水务及污水处理合约，而建筑业务部分将继续参与水务和污水处理基础建设相关项目。

“本集团专注于进行因此前分包商终止合约而推迟的污水处理基础设施合约，并冀望透过加速工程和在合约期间完工来降低成本。

“建筑业的经商环境极具挑战，本集团将继续提高营运效率，并计划投标其专业领域的项目。”

至于油气业务，商峰表示，将继续保持谨慎，但不会放过未来的可能性。倘若油价反弹，这或许值得探讨。

（编译：倪嫣鴽）

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	29,625	10,356	49,941	23,449
2	Profit/(loss) before tax	-33,145	-14,667	-65,053	-58,473
3	Profit/(loss) for the period	-30,390	-18,259	-73,358	-63,937
4	Profit/(loss) attributable to ordinary equity holders of the parent	-30,380	-18,257	-73,101	-63,804
5	Basic earnings/(loss) per share (Subunit)	-6.79	-4.08	-16.35	-14.26
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 ($$)	3.0300		3.1900

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	PUNCAK NIAGA HOLDINGS BERHAD ("PNHB" OR THE "COMPANY")PROPOSED ACQUISITION OF LAND FOR A TOTAL CASH CONSIDERATION OF RM40,732,956.00 ("PROPOSED ACQUISITION")
Pursuant to Paragraph 10.08 (1) of Bursa Malaysia Securities Berhad’s Main Market Listing Requirements (“Listing Requirements”), the Board of Directors of PNHB (“Board”) wishes to announce that Puncak Niaga Management Services Sdn Bhd (“PNMSSB”), a wholly-owned subsidiary of the Company, had on 28 September 2017 entered into a sale and purchase agreement pertaining to a related party transaction with Puncak Alam Housing Sdn Bhd (“PAHSB”) to acquire a piece  of leasehold land held under Title No. PN 80453 located at Lot 19255, Mukim of Ijok, District of Kuala Selangor, State of Selangor Darul Ehsan, measuring approximately 8.413 hectares (“Land” or “Property”) from PAHSB for a total cash consideration of RM40,732,956.00 only (“Purchase Price”). Please refer to the attachment for further details on the Proposed Acquisition. This announcement is dated 28 September 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5557369

Attachments Bursa Ann 28092017.pdf

icy97

商业高峰前景如何？

请问（2）商业高峰（PUNCAK，6807，主板建筑组）的前景如何？可持有还是卖出呢？

商业高峰拟进军种稙业

（2）：再看商业高峰最新业绩及财务情况；截至2017年6月30日为止第二季，该公司净亏损进一步扩大至3038万令吉（每股净亏损为6.79仙），前期净亏损则为1825万7000令吉（每股净亏损为4.08仙）。营业额为2962万5000令吉，前期为1035万6000令吉。

该公司首6个月净亏损为7310万1000令吉（每股净亏损为16.35仙），前期净亏损为6380万4000令吉（每股净亏损为14.26仙）。营业额则为4994万1000令吉，前期为2344万9000令吉。

营运开支走高
亏损续恶化

该公司营业额较高，主要是旗下建筑及水务／污水业务营业额走高、油气业务则没有作出贡献。惟整体而言，该公司亏损却进一步恶化，因营运开支走高所致。该公司也计划进军种稙业领域。

财务情况方面，总资产为15亿6520万9000令吉、包括贸易及其他应收款项为1亿9960万8000令吉、短期投资为4亿2071万4000令吉、现金及银行余款为5亿6679万9000令吉。

国内外扩展核心业务

非流动资产中的产业/工厂/器材有1亿5525万令吉、投资产业为2亿1091万3000令吉。该公司总负债为1亿7406万2000令吉，主要是贸易及其他应付款项就占1亿4872万6000令吉。

商业高峰的业务前景，该公司表示，将继续在国内外扩展其核心业务，包括水务及污水、环境工程及建筑等相关领域，同时也开拓新领域如油棕种植及产业发展等。

它指出，在水务及污水领域，该公司将在国内及东盟市场寻求新商机及工程合约。同时也要提升现有业务表现与效率。

完成购种植公司Danum Sinar

建筑业务则主要专注水务及污水相关的工程合约，并提高营运效率。该公司对油气业领域持续持谨慎态度，不过，对其未来可能性及商机持开放态度，特别是当原油价格回弹之际。

种植业方面，该公司于2017年7月3日完成收购种植公司-Danum Sinar有限公司股权，预料它将可为公司提供稳定及经常性收入。

是否持有或卖出，近年没有证券行或分析员剖析及推荐。

文章来源：
星洲日报‧投资致富‧投资问诊‧文：李文龙‧2017.10.08

icy97

Date of change	18 Oct 2017
Name	DATO' IR LEE MIANG KOI
Age	63
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	Retirement due to expiry of service contract.
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	Masters Degree in Environmental Engineering (water supply and wastewater engineering), Asian Institute of Technology, Bangkok
Working experience and occupation	YBhg Dato' Ir Lee has 39 years of experience in the water supply sector holding various positions during his tenure with the Public Works Department as well as the state Waterworks Department in Malaysia, specialising in various aspects of water supply services. He was previously a Director of the Negeri Sembilan Waterworks Department. He left the Public Works Department in 1991 to join Ranhill Bersekutu Sdn Bhd, holding various positions from Senior Engineer to Vice President in the Water Supply Division. YBhg Dato' Ir Lee Miang Koi started his career with Puncak Niaga Holdings Berhad ("PNHB") Group when he joined Puncak Niaga (M) Sdn Bhd ("PNSB") in 1995 as General Manager, Business Development.   He was a Director of PNSB (2 February 1999 - 30 September 2005).YBhg Dato' Ir Lee was appointed as a Director of PNHB on 1 September 1999.  On 1 October 2005, he was re-designated from Executive Director, Project and Business Development Division of PNHB to Non-Independent Non-Executive Director of PNHB. On 6 November 2015, he was re-designated to Executive Director, Operations Division of PNHB.YBhg Dato' Ir Lee was formerly the Chief Operating Officer of SYABAS (1 January 2005 - 16 June 2015) and former Advisor to the Executive Chairman/Board of SYABAS (17 June 2015 - 15 October 2015) until his resignation as a Director of SYABAS on 15 October 2015. He was appointed as the Managing Director of Puncak Niaga Construction Sdn Bhd ("PNCSB") on 9 November 2015 and will be retiring on 18 October 2017.
Family relationship with any director and/or major shareholder of the listed issuer	None
Any conflict of interests that he/she has with the listed issuer	None
Details of any interest in the securities of the listed issuer or its subsidiaries	11,000 ordinary shares