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【LOTUS 8303 交流专区】(前名 KFM)

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发表于 30-4-2015 08:27 PM | 显示全部楼层
Change in Financial Year End
KUANTAN FLOUR MILLS BHD

Old financial year end
31 Mar 2015
New financial year end
30 Sep 2015

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发表于 30-5-2015 11:37 PM | 显示全部楼层
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
Twelve Months
Twelve Months
01 Jan 2015
To
01 Jan 2014
To
01 Apr 2014
To
01 Apr 2013
To
31 Mar 2015
31 Mar 2014
31 Mar 2015
31 Mar 2014
$$'000
$$'000
$$'000
$$'000
1Revenue
672
9,952
23,850
41,655
2Profit/(loss) before tax
-2,553
2,677
-5,712
-2,193
3Profit/(loss) for the period
-2,553
2,677
-5,712
-2,193
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,552
2,677
-5,711
2,193
5Basic earnings/(loss) per share (Subunit)
-3.83
4.11
-8.57
-3.37
6Proposed/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 ($$)
0.1800
0.2500

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发表于 30-6-2015 01:38 AM | 显示全部楼层
本帖最后由 icy97 于 30-6-2015 04:37 AM 编辑

關丹麵粉削面值縮減累積虧損

財經企業29 Jun 2015 23:00
(吉隆坡29日訊)關丹麵粉(KFM,8303,主要板消費)建議削減面值,以縮減累積虧損。

關丹麵粉向馬證交所報備,建議將每股面值50仙的股票,削減45仙,成為每股面值5仙的股票。

該公司解釋,削減面值主要為了降低累積虧損。該公司截至3月底的累積虧損達2175萬7388令吉。

根據文告,該公司累積虧損在過去幾年逐步擴大,因為市場競爭激烈,拖累麵粉銷量和平均售價齊跌所致。

無論如何,該公司指出,從削減面值議案所產生的實際金額,將取決于公司最新的發行與繳足股本。

有待獲得相關單位的批准,包括通過召開特別股東大會,尋求股東通過,該公司預計,將在第3季完成上述議案。【中国报财经】

Type
Announcement
Subject
MULTIPLE PROPOSALS
Description
KUANTAN FLOUR MILLS BERHAD(I) PROPOSED PAR VALUE REDUCTION; AND(II) PROPOSED MOA AMENDMENTS
On behalf of the Board of Directors of Kuantan Flour Mills Berhad (“KFM”), AFFIN Hwang Investment Bank Berhad (formerly known as HwangDBS Investment Bank Berhad) wishes to announce that KFM proposes to undertake the following:
(i) proposed reduction of RM0.45 of the par value of each existing ordinary share of RM0.50 each in KFM pursuant to Section 64 of the Companies Act, 1965 ("Proposed Par Value Reduction"); and
(ii) proposed amendments to the Memorandum of Association of KFM ("Proposed MOA Amendments")
(collectively referred to as the “Proposals”).

Please refer to the attachment for further details of the Proposals.

This announcement is dated 29 June 2015.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4786965
Attachments

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发表于 14-7-2015 04:29 AM | 显示全部楼层
本帖最后由 icy97 于 15-7-2015 12:29 AM 编辑

关丹面粉厂210万卖2厂

财经新闻 财经  2015-07-14 11:30
(吉隆坡13日讯)关丹面粉厂(KFM,8303,主板消费产品股)宣以总值210万令吉,脱售位于雪州梳邦再也USJ工业区的两家工厂。

该公司上周五与Singvest私人有限公司就脱售资产计划,签署两份买卖协议,预计明年首季完成交易。

根据文告,脱售资产后,将可获得137万令吉的收益,会用于偿还贷款,以及用作营运资本。

在偿还债务后,每年节省接近1万8000令吉的利息,且有助降低负债率。【南洋网财经】

Type
Announcement
Subject
OTHERS
Description
KUANTAN FLOUR MILLS BERHAD (KFM OR THE COMPANY)DISPOSAL OF TWO (2) UNITS OF ONE-AND-A-HALF (1½) STOREY TERRACE LIGHT INDUSTRIAL FACTORY FOR TOTAL CASH CONSIDERATION OF RM2.10 MILLION (OR RM1.05 MILLION EACH) TO SINGVEST SDN BHD (DISPOSAL)
1. INTRODUCTION
The Board of Directors of KFM (“Board”) wishes to announce that the Company had on 10 July 2015 entered into 2 separate sale and purchase agreements (collectively referred to as the “SPA”), both dated 10 July 2015, with Singvest Sdn Bhd (“Singvest”) to dispose the following:
(i)                   1 unit of one and a half (1½) storey terrace light industrial factory known as PT 182, intermediate lot, in a development known as Taman Industri Korakyat, Subang Mewah, bearing postal address of No. 33, Jalan Industri USJ 1/11, Taman Perindustrian USJ 1, 47600, Subang Jaya, Selangor (“Property 1”); and
(ii)                 1 unit of  one and a half (1½) storey terrace light industrial factory known as PT 183, intermediate lot, in a development known as Taman Industri Korakyat bearing postal address of No. 35, Jalan Industri USJ 1/11, Taman Perindustrian USJ 1, 47600, Subang Jaya, Selangor (“Property 2”)
(collectively referred to as the “Properties”)
for a total cash consideration of RM2.10 million (“Disposal Consideration”).
Further details on the Disposal are set out in the ensuing sections of this announcement.
2. THE DISPOSAL
2.1 Details of the Disposal
The Disposal involves the disposal of the Properties by KFM to Singvest free from all liens easement and all encumbrances with vacant possession subject to the conditions, express or implied, attached to the respective Properties and the individual title at the Disposal Consideration and upon the terms and conditions set out in the SPA. Further details of the salient terms of the SPA are set out in Section 2.9 of this announcement.
2.2 Details of the Properties
Details of the Properties are set out in Appendix I of this announcement.
2.3 Basis and justification of arriving at the Disposal Consideration
The Disposal Consideration was arrived at on a “willing buyer willing seller” basis and after taking into consideration the recent comparable transactions of industrial lots surrounding Taman Perindustrian USJ 1, Subang Jaya where the Properties are located.
The Disposal Consideration is justified after taking into consideration of the following:
(i) expected gain on disposal;
(ii) that the Company will be able to raise proceeds for, amongst others, the repayment of bank borrowings and working capital; and
(iii) the effects of the Disposal.
2.4 Mode of satisfaction of the Disposal Consideration
The Disposal Consideration will be satisfied by cash in the following manner:
Timing
Amount

(RM)
Upon signing of the SPA
250,000
On the Completion Date (as defined in Section 2.9 below)
1,850,000
Total
2,100,000

2.5 Original cost of investment and the date of such investment
The original cost of investment of KFM in the Properties and the dates of investment of the Properties are as follows:
Properties
Cost of investment
Date of investment

(RM)

Property 1
428,000
26 July 2007
Property 2
438,000
23 April 2007
2.6 Expected gain on disposal
The Disposal is expected to result in an estimated gain of disposal of approximately RM1.37 million (computed based on the Disposal Consideration and the unaudited net book value of the respective Properties as at 31 March 2015).  The final net gain of disposal is dependent on the net book value of the Properties upon completion of the Disposal.
2.7 Liabilities to be assumed by Singvest
There are no liabilities, including contingent liabilities or guarantees, to be assumed by Singvest arising from the Disposal.
2.8 Practice Note 17 or Cash Company
Upon completion of the Disposal, KFM will not be a Cash Company or a Practice Note 17 Company (as defined in the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”)).
2.9 Salient terms of the SPA
The salient terms and conditions of the SPA are as follows:
2.9.1 Agreement to sell
Singvest agrees to purchase the Properties from KFM free from all liens easement and all encumbrances with vacant possession subject to the conditions, express or implied, attached to the respective Properties and the individual title at the Disposal Consideration and upon the terms and conditions set out in the SPA.
2.9.2 Condition precedent
The SPA shall be conditional upon the transfer of the Properties in favour of Singvest within 6 months from the date of the SPA with an automatic extension for a further 3 months. Upon fulfilment of the condition precedent, the SPA shall become unconditional (“Commencement Date”).
2.9.3 Settlement of the Disposal Consideration
The total purchase price for the Properties is RM2.10 million and shall be payable by Singvest in the following manner:
(i)                  a deposit sum amounting to RM250,000 shall be payable upon the execution of the SPA (“Deposit Sum”). The Deposit Sum will be used as part payment of the Disposal Consideration; and
(ii)                 the balance of RM1,850,000 shall be payable by Singvest to KFM or to Singvest’s solicitors (“Purchaser’s Solicitors”) (as stakeholder within 120 days from the Commencement Date (“Completion Date”) (“Balance Purchase Price”).
In the event Singvest fails to pay the Balance Purchase Price within the abovementioned period, KFM shall automatically grant Singvest an extension of a further 60 days to settle the Balance Purchase Price which shall be subject to an interest of 8% per annum on the unpaid balance of the Balance Purchase Price which shall accrue up to the Balance Purchase Price is deposited with the Purchaser’s Solicitors (“Extended Completion Date”).
2.9.4 Default
If Singvest fails to comply with the terms of the SPA, KFM shall be entitled to terminate the SPA and Singvest shall forfeit the Deposit Sum as agreed liquidated damaged. KFM shall refund to Singvest any other sum in excess of the Deposit Sum paid towards satisfaction of Singvest’s acquisition price for the Properties free from interest within 14 days from the date of the forfeiture failing which KFM shall pay an interest of 8% per annum on the amount that has yet to be refunded to Singvest.
If KFM fails to comply with the terms of the SPA, Singvest shall be entitled to:
(i)                  terminate the SPA and all monies paid towards satisfying Singvest’s acquisition price for the Properties shall be refunded free of interest together with an additional sum of RM105,000 as liquidated damages which shall be payable by KFM to Singvest within 14 days from the date of receipt of the notification to terminate from the Purchaser’s Solicitors failing which KFM shall pay an interest of 8% per annum on the amount that has yet to be refunded to Singvest; or
(ii)                 specific performance where all costs and expenses incurred in seeking the specific performance shall be bourne by KFM.
2.9.5 Vacant possession
Once the Balance Purchase Price has been deposited with the Purchaser’s Solicitors, Singvest shall grant KFM with an option (which is to be exercised within 5 workings days from the date the Purchaser’s Solicitors receives the Balance Purchase Price) to rent the Properties at a rental rate to be mutually agreed between the parties (“Rental Option”).
Legal possession shall be deemed delivered to Singvest if KFM decides to exercise the Rental Option subject to KFM depositing all rental and utility deposits to Singvest prior to the release of the Balance Purchase Price by the Purchaser’s Solictors to KFM.
If KFM elects not to exercise its option the Rental Option or in the event the KFM and Singvest are unable to come to an agreement on the terms of the rental, KFM shall deliver vacant possession to Singvest on an as-is where is basis (subject to certain rectifications as set out in the SPA) free from all encumbrances within 10 working days from the date the final amount of the Balance Purchase Price (including any late interest payments, if any is deposited with the Purchaser’s Solicitors).
In the event KFM fails to deliver vacant possession of the Properties within the abovementioned period, interest at 8% per annum shall be payable on the Disposal Consideration until Singvest receives vacant possession.
2.9.6 Costs and expenses
Each party shall bear their own costs in connection with the Disposal.
2.9.7 Governing law
The SPA shall be governed by and construed in all respect in accordance with the laws of Malaysia.
2.10 Information on the purchaser
Singvest is a private limited company incorporated in Malaysia under the Companies Act, 1965 and has its registered office at D117, Block D, Tingkat 1, Kelana Square, 17 Jalan SS7/26, Kelana Jaya, Petaling Jaya, Selangor.
As at 10 July 2015, Singvest authorised share capital was RM1,000,000 comprising RM1,000,000 ordinary shares of RM1.00 each of which RM50,000 comprising 50,000 ordinary shares of RM1.00 each have been issued and fully paid-up.
Singvest’s principal activity is the trading of textiles.
The details on the Directors of Singvest and their respective direct shareholdings interest in Singvest as at 10 July 2015 are as follows:
Directors
Direct interest

No. of shares
(%)
Goh Ah Kau @ Goh Kwang Sing
-
-
Low Ching Hock
49,000
98.00
The details on the shareholders of Singvest and their respective direct shareholdings in Singvest as at 10 July 2015 are as follows:
Shareholders
Direct interest

No. of shares
(%)
Low Ching Hock
49,000
98.00
Tang Hou Wei
1,000
2.00
(Source: Companies Commission of Malaysia search dated 10 July 2015)
3. UTILISATION OF PROCEEDS
The proceeds from the Disposal of RM2.10 million will be utilised in the following manner:
[td]
Item
Estimated timeframe from the completion of the Disposal
Amount


(RM)
Repayment of borrowings(1)
1 month
350,000
Working capital
1 month
1,750,000
Total

2,100,000

Note:
(1)                 Any excess or shortfall in the actual amount of proceeds to be utilised for the repayment of borrowings at the time the proceeds are intended to be utilised will be adjusted against the amount allocated for working capital accordingly. The interest saving arising from repayment of bank borrowings are set out in Section 5.4 of this announcement.

The proceeds to be received from the Disposal will be placed into interest bearing bank account(s) pending its utilisation.
4. RATIONALE OF THE DISPOSAL
The Disposal is undertaken to raise funds to meet the KFM Group’s working capital requirements.
5. EFFECTS OF THE DISPOSAL
5.1 Share capital and substantial shareholders’ shareholding
The Disposal will not have any effect on the issued and paid-up share capital of KFM and the substantial shareholders’ shareholding of KFM as it does not involve the issuance of any new ordinary shares of RM0.50 each in KFM (“Shares”).
5.2 Net assets (“NA”) and NA per Share
The Disposal is expected to increase the NA and NA per Share of KFM upon its completion as it is expected to result in an estimated gain of disposal of approximately RM1.37 million (computed based on the Disposal Consideration and the unaudited net book value of the respective Properties as at 31 March 2015).  The final net gain of disposal is dependent on the net book value of the Properties upon completion of the Disposal.
5.3 Gearing
The Disposal is expected to reduce the gearing ratio of KFM as a result of the repayment of bank borrowings in relation to the Properties.
5.4 Earnings and earnings per Share
The Disposal is expected to result in an estimated gain of disposal of approximately RM1.37 million (computed based on the Disposal Consideration and the unaudited net book value of the respective Properties as at 31 March 2015).  The final net gain of disposal is dependent on the net book value of the Properties upon completion of the Disposal.
Further, KFM is expected to enjoy interest savings of approximately RM18,000 per annum as part of the proceeds raised from the Disposal will be utilised to repay the bank borrowings in relation to the Properties.
The above is not expected to have a material effect on the earnings and earnings per Share for the 18-month financial period ended 30 September 2015.
6. APPROVALS REQUIRED

The Disposal is not subject to the approval of the shareholders of KFM or any regulatory authorities.
7. ESTIMATED TIME FRAME TO COMPLETE THE TRANSACTION
Barring any unforeseen circumstances and subject to all the requisite approvals being obtained, the Disposal is expected to be completed within the 1st quarter of 2016.
8. HIGHEST PERCENTAGE RATIO APPLICABLE TO THE DISPOSAL PURSUANT TO PARAGRAPH 10.02(G)
The highest percentage ratio applicable to the Disposal pursuant to Paragraph 10.02(g) of the Listing Requirements is 12.69% computed based on the total consideration over the audited consolidated NA of the KFM Group for the financial year ended 31 March 2014.
9. DIRECTORS' AND/OR MAJOR SHAREHOLDERS' INTEREST
None of the Directors and/or major shareholders of KFM and/or persons connected to them have any interest, direct or indirect, in the Disposal.
10. DIRECTORS' STATEMENT
The Board having considered all other aspects of the Disposal including but not limited to the rationale for the Disposal and the effects of the Disposal is of the opinion that the Disposal is in the best interest of the Company.
11. DOCUMENTS AVAILABLE FOR INSPECTION
A copy of the SPA will be made available for inspection at the registered office of KFM at Kawasan Lembaga Pelabuhan Kuantan, KM25, Jalan Kuantan/Kemaman, Tanjung Gelang 25740 Kuantan during normal business hours from Monday to Friday (except for public holiday) for a period of 3 months from the date of this announcement.
This announcement is dated 13 July 2015.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4801893
Attachments

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发表于 17-7-2015 02:10 AM | 显示全部楼层
Type
Announcement
Subject
OTHERS
Description
KUANTAN FLOUR MILLS BERHAD (KFM OR THE COMPANY)DISPOSAL OF TWO (2) UNITS OF ONE-AND-A-HALF (1½) STOREY TERRACE LIGHT INDUSTRIAL FACTORY FOR TOTAL CASH CONSIDERATION OF RM2.10 MILLION (OR RM1.05 MILLION EACH) TO SINGVEST SDN BHD (DISPOSAL)
Further to the Company’s announcement dated 13 July 2015 in respect of the proposed disposal of two (2) units of one-and-a-half storey terrace light industrial factory for total cash consideration of RM2.10 million to Singvest Sdn Bhd, the Company wish to provide additional information as follows:

The disposal price was derived from per square foot  price of RM524.45 for the above disposal (Disposal price per unit – RM 1,050,000.00 & plot area – 186 square meter or 2002.087 square foot).

The basis of negotiation and agreed price was based on similar design units in the same industrial area transacted during the first half of 2015 which fetched in the region between RM482 per square foot to RM524 per square foot.

This announcement date 15th July 2015.

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发表于 29-8-2015 02:49 AM | 显示全部楼层
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
Fifteen Months
Twelve Months
01 Apr 2015
To
01 Apr 2014
To
01 Apr 2014
To
01 Apr 2013
To
30 Jun 2015
30 Jun 2014
30 Jun 2015
31 Mar 2014
$$'000
$$'000
$$'000
$$'000
1Revenue
444

24,293
41,655
2Profit/(loss) before tax
-1,774

-7,487
-2,193
3Profit/(loss) for the period
-1,774

-7,487
-2,193
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,774

-7,486
-2,193
5Basic earnings/(loss) per share (Subunit)
-2.65

-11.18
-3.37
6Proposed/Declared dividend per share (Subunit)
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
0.2500

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发表于 16-9-2015 02:02 AM | 显示全部楼层
Type
Announcement
Subject
OTHERS
Description
KUANTAN FLOUR MILLS BERHAD (KFM OR THE COMPANY)DISPOSAL OF ONE (1) UNIT OF ONE-AND-A-HALF (1½) STOREY  FACTORY FOR TOTAL CASH CONSIDERATION OF RM0.890 MILLION TO ASCENDAS JB SDN BHD (DISPOSAL)
1. INTRODUCTION
The Board of Directors of KFM (“Board”) wishes to announce that the Company had on 15 September 2015 entered into a sale and purchase agreement (“SPA”) with Ascendas JB Sdn Bhd (“Ascendas”) to dispose the following:
(i)     All that piece of property held under GRN 115619 LOT 61067 in the Mukim of Plentong, Distric of Johor Bahru, State of Johor containing an area measuring approximately 446 square metres together with a unit of One and a half (1 ½ ) Storey Factory erected thereon and known as No 4, Jalan Canggih 4, Taman Perindustrian Cemerlang, 81800 Ulu Tiram, Johor (“Property ”);

for a cash consideration of RM0.890 million, inclusive of Goods and Services Tax (“GST”) (“Disposal Consideration”).

Further details on the Disposal are set out in the ensuing sections of this announcement.

2.    THE DISPOSAL
2.1   Details of the Disposal
The Disposal involves a disposal of the Property by KFM to Ascendas free from all encumbrances with vacant possession subject to the conditions, express or implied, attached to the Property and the title at the Disposal Consideration and upon the terms and conditions set out in the SPA. Further details of the salient terms of the SPA are set out in Section 2.9 of this announcement.
2.2    Details of the Property
Details of the Property are set out in Appendix I of this announcement.
2.3    Basis and justification of arriving at the Disposal Consideration
The Disposal Consideration was arrived at on a “willing buyer willing seller” basis and upon direct negotiations between KFM and Ascendas.
The Disposal Consideration is justified after taking into consideration of the following:
(i) expected gain on disposal;
(ii)  that the Company will be able to raise proceeds for, amongst others, the repayment of bank borrowings and working capital; and
(iii) the effects of the Disposal.
2.4    Mode of satisfaction of the Disposal Consideration
The Disposal Consideration will be satisfied by cash in the following manner:
Timing
Amount

(RM)
Upon signing of the SPA
89,000
On the Completion Date (as defined in Section 2.9 below)
801,000
Total
890,000
2.5 Original cost of investment and the date of such investment
The original cost of investment of KFM in the Property and the date of investment of the Property are as follows:

Cost of investment
Date of investment
(RM)

520,000
31 July 2009

2.6 Expected gain on disposal
The Disposal is expected to result in an estimated gain of disposal of approximately RM0.372 million (computed based on the Disposal Consideration and the unaudited net book value of the Property as at 30 June 2015).  The final net gain of disposal is dependent on the net book value of the Property upon completion of the Disposal.
2.7 Liabilities to be assumed by Ascendas
There are no liabilities, including contingent liabilities or guarantees, to be assumed by Ascendas arising from the Disposal.
2.8 Practice Note 17 or Cash Company
Upon completion of the Disposal, KFM will not be a Cash Company or a Practice Note 17 Company (as defined in the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”)).
2.9 Salient terms of the SPA
The salient terms and conditions of the SPA are as follows:
2.9.1 Agreement to sell
Ascendas agrees to purchase the Property from KFM free from all encumbrances with vacant possession subject to the conditions, express or implied, attached to the Property and the  title at the Disposal Consideration and upon the terms and conditions set out in the SPA.
2.9.2 Settlement of the Disposal Consideration
The total purchase price for the Property of RM0.890 million is inclusive of  GST and shall be payable by Ascendas in the following manner:
(i)    a deposit sum amounting to RM89,000 (“Deposit Sum”) shall be payable upon the execution of the SPA. The Deposit Sum will be used as part payment of the Disposal Consideration; and
(ii)   the balance of RM801,000 (“Balance Purchase Price”) shall be payable by Ascendas to Ascendas’s solicitors (“Purchaser’s Solicitors”) as stakeholder  for KFM within 90 days from the SPA Date (“Completion Date”).
In the event Ascendas fails to pay the Balance Purchase Price within the abovementioned period, KFM shall automatically grant Ascendas an extension of a further 30 days to settle the Balance Purchase Price which shall be subjected to an interest of 8% per annum on the unpaid balance of the Balance Purchase Price which shall accrue up to the date the Balance Purchase Price is deposited with the Purchaser’s Solicitors (“Extended Completion Date”).
2.9.3 Default
If Ascendas fails to comply with the terms of the SPA, KFM shall be entitled to terminate the SPA and shall forfeit the Deposit Sum as agreed liquidated damaged.
If KFM fails to comply with the terms of the SPA, Ascendas shall be entitled to:
(i)    terminate the SPA and all monies paid towards satisfying Ascendas’s acquisition price for the Property shall be refunded free of interest together with an additional sum equivalent to ten per centum (10%)  as liquidated damages where upon the SPA shall be treated as null and void; or
(ii)    specific performance.
2.9.4 Vacant possession
Once the Balance Purchase Price has been deposited with the Purchaser’s Solicitors, KFM shall deliver vacant possession of the said property in a good and tenantable state (fair wear and tear accepted) to the Purchaser within Seven(7) days from the date  the full payment of the Balance Purchase Price (including late interest payments, if any) is deposited with the Purchaser’s Solicitors.
In the event KFM fails to deliver vacant possession of the Property within the abovementioned period, interest at 8% per annum shall be payable on the full Purchase Price until Ascendas receives vacant possession.
2.9.5 Costs and expenses
Each party shall bear their own costs in connection with the Disposal.
2.9.6 Governing law
The SPA shall be governed by and construed in all respect in accordance with the laws of Malaysia.
2.10 Information on the purchaser
Ascendas is a private limited company incorporated in Malaysia under the Companies Act, 1965 and has its registered office at Bilik 201, Tingkat Dua, No. 52-B, Jalan Sutera, Taman Sentosa, 80150 Johor Bahru, Johor
As at 13 August 2015, Ascendas authorised share capital was RM400,000 comprising RM400,000 ordinary shares of RM1.00 each of which RM2 comprising 2 ordinary shares of RM1.00 each have been issued and fully paid-up.
Ascendas’s principal activity is manufacture of wooden and cane furniture, wholesale of lumber and timber.
The details on the Directors of Ascendas and their respective direct shareholdings interest in Ascendas as at 13 August 2015 are as follows:
Directors
Direct interest

No. of shares
(%)
Teong Chooi Ai
1
50
Ting Ming Ngeh
1
50

The details on the shareholders of Ascendas and their respective direct shareholdings in Ascendas as at 13 August 2015 are as follows:

Shareholders
Direct interest

No. of shares
(%)
Teong Chooi Ai
1
50
Ting Ming Ngeh
1
50

(Source: Companies Commission of Malaysia search dated 18 August 2015)

3. UTILISATION OF PROCEEDS
The proceeds from the Disposal of RM0.890 million will be utilised in the following manner:
Item
Estimated timeframe from the completion of the Disposal
Amount


(RM)
Repayment of borrowings(1)
1 month
220,000
Working capital
1 month
670,000
Total

890.000
Note:
(1)                 Any excess or shortfall in the actual amount of proceeds to be utilised for the repayment of borrowings at the time the proceeds are intended to be utilised will be adjusted against the amount allocated for working capital accordingly. The interest saving arising from repayment of bank borrowings are set out in Section 5.4 of this announcement.

The proceeds to be received from the Disposal will be placed into interest bearing bank account(s) pending its utilisation.

4. RATIONALE OF THE DISPOSAL
The Disposal is undertaken to raise funds to meet the KFM Group’s working capital requirements.

5. EFFECTS OF THE DISPOSAL
5.1 Share capital and substantial shareholders’ shareholding
The Disposal will not have any effect on the issued and paid-up share capital of KFM and the substantial shareholders’ shareholding of KFM as it does not involve the issuance of any new ordinary shares of RM0.50 each in KFM (“Shares”).
5.2 Net assets (“NA”) and NA per Share
The Disposal is expected to increase the NA and NA per Share of KFM upon its completion as it is expected to result in an estimated gain on disposal of approximately RM0.372 million (computed based on the Disposal Consideration and the unaudited net book value of the Property as at 30 June 2015).  The final net gain on disposal is dependent on the net book value of the Property upon completion of the Disposal.
5.3 Gearing
The Disposal is expected to reduce the gearing ratio of KFM as a result of the repayment of bank borrowing in relation to the Property.
5.4 Earnings and earnings per Share
The Disposal is expected to result in an estimated gain on disposal of approximately RM0.372 million (computed based on the Disposal Consideration and the unaudited net book value of the Property as at 30 June 2015).  The final net gain on disposal is dependent on the net book value of the Property upon completion of the Disposal.
Further, KFM is expected to enjoy interest savings of approximately RM17, 000 per annum as part of the proceeds raised from the Disposal will be utilised to repay the bank borrowing in relation to the Property.
The above is not expected to have a material effect on the earnings and earnings per Share for the 18-month financial period ended 30 September 2015.

6. APPROVALS REQUIRED
The Disposal is not subject to the approval of the shareholders of KFM or any regulatory authorities.

7. ESTIMATED TIME FRAME TO COMPLETE THE TRANSACTION
Barring any unforeseen circumstances and subject to all the requisite approvals being obtained, the Disposal is expected to be completed within the 1st quarter of 2016.

8. HIGHEST PERCENTAGE RATIO APPLICABLE TO THE DISPOSAL PURSUANT TO PARAGRAPH 10.02(G)
The highest percentage ratio applicable to the Disposal pursuant to Paragraph 10.02(g) of the Listing Requirements is 5.38% computed based on the total consideration over the audited consolidated NA of the KFM Group for the financial year ended 31 March 2014.

9. DIRECTORS' AND/OR MAJOR SHAREHOLDERS' INTEREST
None of the Directors and/or major shareholders of KFM and/or persons connected to them have any interest, direct or indirect, in the Disposal.

10. DIRECTORS' STATEMENT
The Board having considered all other aspects of the Disposal including but not limited to the rationale for the Disposal and the effects of the Disposal is of the opinion that the Disposal is in the best interest of the Company.

11. DOCUMENTS AVAILABLE FOR INSPECTION
A copy of the SPA will be made available for inspection at the registered office of KFM at Kawasan Lembaga Pelabuhan Kuantan, KM25, Jalan Kuantan/Kemaman, Tanjung Gelang 25740 Kuantan during normal business hours from Monday to Friday (except for public holiday) for a period of 3 months from the date of this announcement.

This announcement is dated 15 September 2015.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4868041
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发表于 19-9-2015 05:51 AM | 显示全部楼层
Type
Announcement
Subject
OTHERS
Description
KUANTAN FLOUR MILLS BERHAD (KFM OR THE COMPANY) DISPOSAL OF ONE (1) UNIT OF ONE-AND-A-HALF (1½) STOREY FACTORY FOR  A TOTAL CASH CONSIDERATION OF RM0.890 MILLION TO ASCENDAS JB SDN BHD (DISPOSAL)
Further to the Company’s announcement dated 15 September 2015 in respect of  the disposal of one (1) unit of one-and-a-half (1½) storey factory for  a total cash consideration of RM0.890 million to ASCENDAS JB SDN BHD.

The Company wishes to provide additional information as follows:

The basis of negotiation on the agreed price was based on the prevailing market prices of similar properties within the vicinity of the said property transacted between RM850,000 to RM930,000.

This announcement is dated 18th September 2015.

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发表于 1-12-2015 01:21 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 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
Twelve Months
01 Jul 2015
To
01 Jul 2014
To
01 Apr 2014
To
01 Apr 2013
To
30 Sep 2015
30 Sep 2014
30 Sep 2015
31 Mar 2014
$$'000
$$'000
$$'000
$$'000
1Revenue
571
0
24,864
41,655
2Profit/(loss) before tax
-8,600
0
-16,087
-2,193
3Profit/(loss) for the period
-8,600
0
-16,087
-2,193
4Profit/(loss) attributable to ordinary equity holders of the parent
-8,600
0
-16,086
-2,193
5Basic earnings/(loss) per share (Subunit)
-12.80
0.00
-23.94
-3.37
6Proposed/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 ($$)
0.0300
0.2500

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发表于 29-12-2015 02:43 AM | 显示全部楼层
Type
Announcement
Subject
PRACTICE NOTE 17 / GUIDANCE NOTE 3
FIRST ANNOUNCEMENT
Description
KUANTAN FLOUR MILLS BERHAD (" KFM" or "Company")- First Announcement Pursuant to Practice Note 17 (PN 17) of the Main Market Listing   Requirements of Bursa Malaysia Securities Berhad (Bursa Securities) (Listing Requirements)
Pursuant to PN17 and Paragraph 8.04 of the Listing Requirements, the Board of Directors of KFM wishes to announce that KFM is an affected listed issuer as it has triggered Paragraph 2.1(a) of the PN17 as the shareholders’ equity of the Company on a consolidated basis is 25% or less of the issued and paid-up capital of KFM and such shareholders’ equity is less than RM40 million based on the Company’s unaudited management accounts as at 30 November 2015.

The full text is attached herewith.

This annoucement is dated 28th December 2015
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4960257
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发表于 30-12-2015 03:56 AM | 显示全部楼层
Type
Announcement
Subject
PRACTICE NOTE 17 / GUIDANCE NOTE 3
FIRST ANNOUNCEMENT
Description
KUANTAN FLOUR MILLS BERHAD (KFM or Company)- First Announcement Pursuant to Practice Note 17 (PN 17) of the Main Market Listing   Requirements of Bursa Malaysia Securities Berhad (Bursa Securities) (Listing Requirements)
Further to the Company's announcement dated 28 December  2015 pertaining to the First Announcement Pursuant to Practice Note 17 (“PN 17”) of the Main Market Listing   Requirements of Bursa Malaysia Securities Berhad, the Company wishes to enclose herewith  the management accounts as at 30 November 2015 for reference.

This announcement dated 29th December 2015.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4961101
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发表于 31-12-2015 02:57 AM | 显示全部楼层
關丹麵粉列入PN17‧不跌反升

2015-12-30 10:47      
(吉隆坡29日訊)關丹面粉(KFM,8303,主板消費品組)因股東資金不及繳足股本的25%,落入PN17行列,唯股價不跌反升。

在發佈文告後,關丹面粉原不斷下挫,一度挫10.3%至13仙,但閉市前奮力反彈,反揚1仙至或6.8%,收在全天最高的16仙。

雖說如此,該公司股價從年初至今已跌63.6%。

根據大馬交易所的文告,該公司截至11月30日的未審核管理賬戶的繳足資本只有4千萬令吉,因而成為PN17公司。

對此,關丹面粉需要在3個月內公佈正規化計劃,及在12個月內上呈正規化計劃予證券監督委員會(SC)及大馬交易所,並在時限內執行。

若關丹面粉無法上呈正規化計劃,將在時限的6天後停牌,也面臨被除牌命運。

根據關丹面粉財報,截至9月30日的3個月虧損為860萬令吉,在1年半內累積1千608萬6千令吉虧損。

為增強財務表現,關丹面粉在8月時建議削減股本面值,從原本的每股50仙削減至5仙,唯截至目前為止,削減股本面值計劃還未完成。

2015年1月,關丹面粉表示鑽石能量水經銷公司NEP控股(NEP Holdings)有意倒置收購,但在3月時宣佈談判破局。(星洲日報/財經)
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发表于 1-3-2016 03:48 AM | 显示全部楼层
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
31 Dec 2015
31 Dec 2014
31 Dec 2015
30 Sep 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
1,667
0
1,667
24,864
2Profit/(loss) before tax
-2,740
0
-2,740
-16,845
3Profit/(loss) for the period
-2,740
0
-2,740
-16,845
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,740
0
-2,740
-16,845
5Basic earnings/(loss) per share (Subunit)
-4.02
0.00
-4.02
-25.07
6Proposed/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 ($$)
-0.0200
0.1900

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发表于 3-3-2016 02:32 AM | 显示全部楼层
Type
Announcement
Subject
OTHERS
Description
KUANTAN FLOUR MILLS BERHAD  ("KFM" or  the Company")  Delay in Release of Annual Reports pursuant to Paragraph 9.23(1) of the Bursa Securities Main Market Listing Requirements
Pursuant to the Paragraph 9.28(3) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”), the Company wishes to announce that it is unable to issue its annual report for the financial year ended 30 September 2015  (“Annual Report 2015 ”) and submit the Annual Report 2015  to Bursa Securities and shareholders  within five (5) months from the close of the financial year ended for 30 September 2015  which is by  29 February 2016  (“Relevant Timeframe”) as required under  the Paragraph 9.23(1) of the Listing Requirements as  due to financial constrain.

The Company is in the midst of printing the outstanding Annual Report 2015 and is expecting to submit its outstanding Annual Report 2015 to Bursa Securities by 4th March 2016.

Pursuant to Paragraph 9.28(5) of the MMLR, if KFM fails to issue the Annual Report 2015 within 5 market days from the expiry of the Timeframe (the last day of this 5 market days shall hereinafter be referred to as "the Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend trading in the securities of  Annual Report 2015.

The suspension shall be effected on the market day following the expiry of the Suspension Deadline and shall be uplifted on the market day following the issuance of the  Annual Report 2015   unless otherwise determined by Bursa Securities. As such, the suspension will be effected on 8  March 2016.  

Pursuant to Paragraph 9.28(6) of the MMLR, if KFM  fails to issue the Annual Report 2015  within 6 months from the expiry of the Timeframe, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against KFM.

This announcement is dated 1 March 2016.

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发表于 3-3-2016 02:55 AM | 显示全部楼层
KFM - SUSPENSION OF TRADING
KUANTAN FLOUR MILLS BHD

The above Company has failed to submit its annual report for the financial period ended 30 September 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 29 February 2016, pursuant to Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding annual report within 5 market days after the expiry of the relevant timeframes as stated in the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that KFM is unable to submit the outstanding AR2015 on or before 7 March 2016, the trading in the above Company's shares will be suspended with effect from 9.00 am, Tuesday, 8 March 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding annual report within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer.


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发表于 5-3-2016 03:44 AM | 显示全部楼层
KFM - NO SUSPENSION OF TRADING
KUANTAN FLOUR MILLS BHD

Further to Listing Circular No. ILC-02032016-00001, kindly be advised that the above Company has on 4 March 2016 submitted its annual report for the financial period ended 30 September 2015 to Bursa Malaysia Securities Berhad for public release.

As such, there will be no suspension of trading in the above Company's securitieson 8 March 2016.


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发表于 2-6-2016 02:43 AM | 显示全部楼层
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
30 Sep 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
1,459

3,126
24,864
2Profit/(loss) before tax
-2,920

-5,660
-16,845
3Profit/(loss) for the period
-2,920

-5,660
-16,845
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,920

-5,660
-16,845
5Basic earnings/(loss) per share (Subunit)
-4.28

-8.30
-25.07
6Proposed/Declared dividend per share (Subunit)
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
0.0200

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发表于 14-7-2016 01:35 AM | 显示全部楼层
本帖最后由 icy97 于 14-7-2016 03:05 AM 编辑

关丹面粉厂CEO辞职

2016年7月14日
(吉隆坡13日讯)关丹面粉厂(KFM,8303,主板消费产品股)执行董事兼总执行长李志建(译音)将从即日起辞去职务。

根据文告,李志建是基于健康欠佳,而请辞。

关丹面粉厂的业务运作将由公司主席管理,并由财务总监、其他管理人员与其他董事协助,确保正常的日常运作。

今年5月,关丹面粉厂董事部宣布会拟定重组计划,来重振公司和脱离PN17公司行列。3月时,更因无法如时呈上年报,而差点被勒令暂停交易。【e南洋】

Date of change
13 Jul 2016
Name
ENCIK LEE CHEE KIEAN
Age
53
Gender
Male
Nationality
Malaysia
Designation
Executive Director
Directorate
Executive
Type of change
Resignation
Reason
Due to health 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
Bachelor Degree in Economics  from the University of Dalhousie, Canada.
Working experience and occupation
More than 20 years of working experience in the flour industry.Joined Kuantan Flour Mills Berhad("KFMB") in 1986 as the Marketing Executive and has held various Managerial Positions in the Group and currently the  Executive Director / Chief Executive Officer of the Group.
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
16,000- Direct Interest
Remarks :
Mr. Lee Chee Kiean also resigned as the Chief Executive Officer of the Group  on  13th July 2016.


Type
Announcement
Subject
OTHERS
Description
KUANTAN FLOUR MILLS BERHAD ( "the Company " or " KFM" )
The Company wishes to inform Bursa that Mr. Lee Chee Kiean, the Executive Director / Chief Executive Officer has resigned from the Company on 13th July 2016 due to his health reason.

In the meantime, the business operations of the Group is being managed by the Chairman of the Board with the support of the Chief Financial Officer together with other management personnel and in consultation with other Board members in ensuring the day to day operation are taken care of.

This announcement dated 13th July 2016.

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发表于 1-9-2016 05:10 AM | 显示全部楼层
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 Sep 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
796
0
3,922
24,684
2Profit/(loss) before tax
-1,909
0
-7,569
-16,845
3Profit/(loss) for the period
-1,909
0
-7,569
-16,845
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,909
0
-7,569
-16,845
5Basic earnings/(loss) per share (Subunit)
-2.80
0.00
-11.09
-25.07
6Proposed/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 ($$)
-0.0900
0.0200

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发表于 4-9-2016 06:36 AM | 显示全部楼层
Date of change
01 Sep 2016
Name
MR DENNIS TOW JUN FYE
Age
31
Gender
Male
Nationality
Malaysia
Designation
Non Executive Director
Directorate
Non Independent and Non Executive
Type of change
Resignation
Reason
DUE TO PERSONAL WORK COMMITMENTS AND FREQUENT OVERSEAS TRAVELS
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
Bachelor of Arts/Commerce, Major in Accounting and Finance from Deakin University, Melbourne.
Working experience and occupation
He holds various directorship and senior management positions in Seasons Apartment Hotel Group and International Equities Corporation Ltd.
Family relationship with any director and/or major shareholder of the listed issuer
NO
Any conflict of interests that he/she has with the listed issuer
NO
Details of any interest in the securities of the listed issuer or its subsidiaries
DIRECT INTEREST OF 9,606,000 shares in Kuantan Flour Mills Berhad

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