【APM 5015 交流专区】APM汽车控股

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馬幣走疲‧競爭劇烈‧APM 3年財測下調

2015-11-23 16:58      
（吉隆坡23日訊）馬幣走疲造成營運成本高漲，加上同行激烈競爭，壓縮APM汽車控股（APM，5015，主板工業產品組）賺幅，導致9個月盈利不如預期，分析員調低2015至2017年財測10至25%。

不過，艾芬黃氏研究指出，雖然該公司業績不佳，但利空消息已反映在股價上，而且其週息率高達5%，未來3年也料達4.7至5%，因此認為該股仍具有吸引力。

除卻非經常性項目後，APM汽車控股9個月淨利按年下跌41.5%至4千290萬令吉，分別是該行及市場全年盈利預測的52%及46%。

該公司獲利大減的主因是面對削價戰，馬幣疲弱也造成營運成本大為增加。該公司2015財政年首9個月的營運盈利賺幅減少至11.5%，低於前期的13.1%。

分析員指出，整體行業的生產量按季減少17.2%。原件裝配產商客戶和出口替代零件市場的需求降低，使該公司的懸吊系統、內裝及塑料零件、電子及變熱器業務皆按季下滑。

他補充，儘管該公司未來將會逐步減少對本地市場的需求，但需時才能看見成果。

該公司的澳洲和越南的海外業務本季出現飛躍性成長，稅前盈利按季增加43%至320萬令吉。

分析員指出，值得注意的是，該公司目前握有高達2億4千零10萬令吉的“彈藥”，可能會用於併購高價值的公司。

綜合以上看法，艾芬黃氏研究仍維持“持有”評級，目標價則調低至3令吉56仙。

APM汽車控股今日下挫12仙至3令吉84仙。（星洲日報／財經‧報導：傅文耀）

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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	31 Dec 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	272,981	287,843	1,152,839	1,227,870
2	Profit/(loss) before tax	17,982	35,648	95,026	145,285
3	Profit/(loss) for the period	17,871	27,754	71,913	111,152
4	Profit/(loss) attributable to ordinary equity holders of the parent	14,712	24,690	60,490	98,403
5	Basic earnings/(loss) per share (Subunit)	7.52	12.62	30.93	50.29
6	Proposed/Declared dividend per share (Subunit)	12.00	12.00	19.50	19.50
		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 ($$)	6.0500		5.8400

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Type	Announcement
Subject	OTHERS
Description	APM AUTOMOTIVE HOLDINGS BERHAD ("APMAH" OR THE "COMPANY") - VALUATION OF NON-CURRENT ASSETS
Pursuant to Paragraph 9.19(46) and Part H of Appendix 9A of the Main Market Listing Requirements, the Board of Directors of APMAH (“Board”) wishes to announce that the Company has carried out a revaluation exercise on the Company’s and its subsidiaries’ (“the Group”) investment properties which consist of buildings, leasehold land and freehold land situated in Malaysia (“Properties”). The Board had on 26 February 2016 approved the incorporation of revaluation surplus, net of deferred tax of RM536,000 in the consolidated financial statements of APMAH for the financial year ended 31 December 2015. Please refer to the attached file for the full text of the announcement. This announcement is dated 26 February 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5012281

Attachments Valuation of Non-Current Assets.pdf

icy97

APM 汽车购澳洲座椅公司

财经新闻 财经  2016-03-11 11:16
（吉隆坡10日讯）APM汽车控股（APM，5015，主板工业产品股）宣布，子公司澳洲McConnell Seats，已完成收购澳洲Locomotive Seats。

根据文告，该公司是向RBC Bearings收购旗下的澳洲Locomotive Seats业务，总值165万9578澳元（约511万令吉）。

APM汽车控股说，资金全由内部融资所得。

RBC Bearings是澳洲Seats Inc的独家进口与经销商，也是铁路壁挂式折叠座椅等的制造商与供应商。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	APM AUTOMOTIVE HOLDINGS BERHAD - ACQUISITION OF BUSINESS AND ASSETS OF RBC BEARINGS PTY LTD BY McCONNELL SEATS AUSTRALIA PTY LTD
The Board of Directors of APM Automotive Holdings Berhad (“APM” or “the Company”) wishes to inform that McConnell Seats Australia Pty Ltd (ACN 083 344 389)(“MSA”)(“Purchaser”), a wholly-owned subsidiary of Auto Parts Holdings Sdn Bhd, which in turn is a wholly-owned subsidiary of APM, has on 9 March 2016 completed the acquisition from RBC Bearings Pty Ltd (“RBC” or “Vendor”) of all its assets associated with its locomotive seat manufacturing and services business known as “Locomotive Seats Australia” including all goodwill free from encumbrances (“Business Assets Acquisition”) for a cash consideration of AUD1,659,578.00 (the “Purchase Price”).  The Purchase Price for the Business Assets Acquisition shall be paid entirely from internally generated funds of the APM Group. RBC is the exclusive importer and distributor of the products of Seats Inc. in Australia and also manufacturer and supplier of railroad wall mounted folding seats, railroad drive/guard and observer seats and sugar cane locomotive driver seats. The Business Assets Acquisition provides an opportunity for MSA to gain a foothold in the Queensland market in the provision of turnkey services of seat installation and refurbishment to local bus builders and bus operators. MSA would thereby expand its operations and provide better services to its current and potential customers. In addition, there would now be an additional range of train/locomotive driver seats which may be marketed to other countries by the APM Group. The highest percentage ratio applicable to the Business Assets Acquisition pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 0.45% based on the audited financial statements of APM for the financial year ended 31 December 2014. The Business Assets Acquisition is not expected to have any material effect on the earnings per share, net assets per share and gearing of the APM Group for the current financial year ending 31 December 2016. However, it is expected to contribute positively to the Group’s earnings in the long term.   None of the directors or major shareholders of APM or persons connected with them, has any interest, direct or indirect, in the Business Assets Acquisition. This announcement is dated 9 March 2016.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	PROPOSED ACQUISITION OF THE ASSETS OF TC ALUMINIUM CASTINGS SDN BHD (AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF TAN CHONG MOTOR HOLDINGS BERHAD) BY APM THERMAL SYSTEMS SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF APM AUTOMOTIVE HOLDINGS BERHAD) FOR A TOTAL CASH CONSIDERATION OF RM5,701,318.00
The Board of Directors of APM Automotive Holdings Berhad ("APM" or "the Company") wishes to announce that APM Thermal Systems Sdn Bhd (“APMTS”), a wholly-owned subsidiary of the Company, proposes to enter into a related party transaction which falls within the ambit of Section 132E of the Companies Act, 1965 (the “Act”) with TC Aluminium Castings Sdn Bhd (“TCAC”), namely, the proposed acquisition (“Proposed Acquisition”) of  the assets of TCAC used for the casting, machining and assembly of aluminium parts and components and other related assets (collectively, the “Assets”) as detailed in section 2.1 of the attachment for a total cash consideration of RM5,701,318.00, which is subject to price adjustment (“Proposed Acquisition Price”) and conditional upon the fulfilment of the Conditions Precedent as set out in section 3(b) of the attachment. TCAC is a wholly-owned subsidiary of TC Manufacturing Holdings Sdn Bhd (“TCMan”), which in turn is a wholly-owned subsidiary of Tan Chong Motor Holdings Berhad (“TCMH”). This announcement is made pursuant to paragraph 10.08(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), as based on the audited financial statements of the Company for the year ended 31 December 2015, the highest percentage ratio applicable for the Proposed Acquisition pursuant to paragraph 10.02(g) of the MMLR is 0.48%. Please refer to the attachment for further details on the Proposed Acquisition. This announcement is dated 27 April 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5071289

Attachments APM Announcement - Proposed Acquisition of the Assets of TCAC.pdf

icy97

Final Dividend

APM AUTOMOTIVE HOLDINGS BERHAD

EX-date	02 Jun 2016
Entitlement date	06 Jun 2016
Entitlement time	04:00 PM
Entitlement subject	Final Dividend
Entitlement description	Final single-tier dividend of 12 sen per ordinary share for the financial year ended 31 December 2015
Period of interest payment	to
Financial Year End	31 Dec 2015
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200Kuala LumpurTel:0327839299Fax:0327839222
Payment date	24 Jun 2016
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	06 Jun 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.1200
Par Value	Malaysian Ringgit (MYR) 1.000

icy97

APM汽车首季净利跌48%

财经新闻 财经  2016-05-18 13:31
（吉隆坡17日讯）由于收入走跌，加上美元走强影响进口原料成本提高，拖累APM汽车控股（APM，5015，主板工业产品股）截至3月31日首季，净利按年下挫47.6%。
该公司首季净赚934万3000令吉，低于上财年同季的1782万7000令吉。

营业额则按年下挫13.23%，从上财年首季的3亿1825万5000令吉，跌至2亿7613万5000令吉。

APM汽车控股指出，汽车领域今年展望依然充满挑战。在下跌周期，由于低销量和高成本，造成营运赚幅收窄。

尽管如此，公司将专注于海外新客户市场、优化供应链、提升产能和开发新产品。【南洋网财经】

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2016

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

1	Revenue	276,135	318,255	276,135	318,255
2	Profit/(loss) before tax	13,636	33,328	13,636	33,328
3	Profit/(loss) for the period	10,690	21,165	10,690	21,165
4	Profit/(loss) attributable to ordinary equity holders of the parent	9,343	17,827	9,343	17,827
5	Basic earnings/(loss) per share (Subunit)	4.78	9.11	4.78	9.11
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 ($$)	6.0200		6.0500

icy97

兩大逆風衝擊‧APM財測評級下調

2016-05-18 16:25      
（吉隆坡18日訊）APM汽車控股（APM，5015，主板工業產品組）首季業績遜色，分析員基於美元升值和消費情緒疲軟兩大逆風衝擊，下調該公司盈利預測、目標價和評級。

艾芬黃氏研究表示，APM汽車控股截至2016年3月杪的首季核心淨利下滑30%至1千480萬令吉，只相等於全年財測的18%，表現低於預期。

該公司首季蒙受380萬令吉外匯和衍生產品虧損。

APM汽車控股首季營業額下跌13%，因其原件製造產品（OEM）的銷售降低，這是和大馬汽車銷售疲軟的走勢一致。大馬首季汽車銷售共滑跌22%至13萬1千267輛，生產量則降低21%至12萬9千591輛。

APM汽車控股的稅前盈利急挫59%，這是由於美元兌馬幣升值，令進口原料成本大增，導致賺幅縮壓。

印尼業務的虧損從去年同期的70萬令吉擴大至120萬令吉，也拖累其盈利。

艾芬黃氏指出，由於消費情緒疲弱和美元走強打擊營運成本，該公司2016年前景仍充滿挑戰，因此將2016和17年財測大砍12.9%和16.6%，目標價也從3令吉56仙下修至3令吉10仙，以及下調評級至“沽售”。（星洲日報／財經）


APM汽车控股 惨淡业绩未结束
财经 股市 行家论股  2016-05-19 11:41
http://www.nanyang.com/node/761973?tid=462

icy97

Type	Announcement
Subject	OTHERS
Description	ACQUISITION OF SHARES IN APM IAC AUTOMOTIVE SYSTEMS SDN BHD FROM IACG HOLDINGS LUX S.A.R.L. BY AUTO PARTS HOLDINGS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF APM AUTOMOTIVE HOLDINGS BERHAD
Introduction The Board of Directors of APM Automotive Holdings Berhad (“APM” or the “Company”) wishes to inform that Auto Parts Holdings Sdn Bhd ("APH" or “Purchaser”), a wholly-owned subsidiary of the Company, has on 31 May 2016 completed the acquisition of  640,000 ordinary shares of par value RM3.00 each, representing 40% of the total issued and paid-up share capital of APM IAC Automotive Systems Sdn Bhd ("APM IAC") held by IACG Holdings Lux S.A.R.L. (“IAC”) for a cash consideration of USD612,800.00 (equivalent to RM2,661,392.00)(“Shares Acquisition”). Consequential to the above, APM IAC has now become a wholly-owned subsidiary of the Company. The relationship with IAC will continue through the Technology License Agreement and Services Agreement entered into between IAC and APM IAC. Information on APM IAC APM IAC was incorporated on 25 November 2011 as a joint venture vehicle when APH and IAC entered into a joint venture agreement on 1 November 2011 for the purpose of joint participation in the manufacture and sale of automotive interior plastic components and systems to the domestic and multinational original equipment manufacturers in Malaysia. APM IAC has an authorised capital of RM48,000,000.00 divided into 16,000,000 ordinary shares of par value RM3.00 each with a total issued and paid up capital of RM4,800,000 divided into 1,600,000 ordinary shares of par value RM3.00 each. Basis of the Purchase Consideration The purchase consideration of USD612,800.00 (equivalent to RM2,661,392.00) for the Shares Acquisition was agreed as between APH and IAC upon a “willing buyer and willing seller” basis, taking into account the value of the net assets of APM IAC as at 30 November 2015 as reflected in the unaudited financial statements of APM IAC for the period ended 30 November 2015. The Shares Acquisition was funded internally. Rationale and Prospects for the Shares Acquisition The Shares Acquisition will allow the Company and its subsidiaries (collectively the “APM Group”) greater flexibility in the reorganisation and integration of the headlining operations presently undertaken by APM IAC with the existing plastic operations of the APM Group in order that the APM Group may position itself as an integrated interior systems provider instead of just a component centric manufacturer. This positioning is with a view to giving the APM Group a better competitive edge as the APM Group would be able to offer complete interior solutions to both local and overseas original equipment manufacturers and customers. Financial Effects of the Shares Acquisition The Shares Acquisition will have no material effect on the earnings per share and net assets per share of APM Group for the financial year ending 31 December 2016, and it has no effect on the gearing, share capital and substantial shareholders’ shareholding of APM. Approvals Required The purchase consideration is less than 5% of all the applicable percentage ratios set out in Chapter 10 of the Listing Requirements of Bursa Malaysia Securities Berhad and hence, is not subject to the approval of the shareholders of APM or any regulatory authorities. Interest of Major Shareholders and Directors None of the directors and/or major shareholders of APM and/or persons connected to them have any interest, direct or indirect, in the Shares Acquisition. Statement by the Board of Directors The Board of Directors of APM is of the opinion that the Shares Acquisition is in the best interest of the APM Group. This announcement is dated 31 May 2016.

icy97

APM与泰企合作 在越南制造和销售车座
By Gho Chee Yuan / theedgemarkets.com   | August 12, 2016 : 8:36 PM MYT

（吉隆坡12日讯）APM汽车控股（APM Automotive Holdings Bhd）与一家泰国公司合作，在越南代工（OEM）制造、组装和销售汽车座椅。

APM今日向大马交易所报备，间接子公司APM Automotive IndoChina Ltd已与TACHI-S Co Ltd子公司TACHI-S (Thailand) Co Ltd就上述合作签署联营协议。

这家汽车零部件制造商指出，将在越南成立一家拟名为“APM TACHI-S Seating Systems Vietnam Co Ltd”的新联营公司，投资和注册资本为250万美元。

APM将出资49%或123万美元，而TACHI-S将占51%或127万5000美元。

除了在越南代工开发、制造、组装和销售汽车座椅的业务，联营公司也可承接其他适合和有利于双方的其他业务。

TACHI-S在2011年9月14日成立于泰国，是日本全球汽车座椅系统设计与制造商TACHI-S Co Ltd的独资子公司，负责监督TACHI-S Group在印度和东南亚地区的业务。

文告还指出，TACHI-S是APM其中一家子公司在大马的联营伙伴。

APM表示，新的结盟符合扩大马来西亚以外市场市占率的计划。

“该联营将使双方能够充分善用彼此的知识和经验，带来更大的协同效应。”

该公司补充说，汽车领域有望在该新兴市场上崭露头角，所以成立联营公司的时机合适，以攫取机会，将现有车座业务扩展海外。

该公司预计，联营公司将为未来增长作出积极贡献。

（编译：陈慧珊）

Type	Announcement
Subject	OTHERS
Description	JOINT VENTURE BETWEEN APM AUTOMOTIVE INDOCHINA LTD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF APM AUTOMOTIVE HOLDINGS BERHAD AND TACHI-S (THAILAND) CO., LTD.
Introduction The Board of Directors of APM Automotive Holdings Berhad (“APM”) wishes to announce that on 12 August 2016, APM via its indirect wholly-owned subsidiary, APM Automotive IndoChina Ltd (“AAIL”) entered into a Joint Venture Agreement (“JVA”) with TACHI-S (Thailand) Co., Ltd (“TACHI-S”), a wholly-owned subsidiary of TACHI-S Co. Ltd. to carry on the business of developing, manufacturing, assembling and sale of automotive seats in Vietnam for the original equipment manufacturers (“OEMs”) and such other business or businesses as the joint venture parties may deem beneficial to the main line of business including the manufacture by the joint venture company of such other new products. The joint venture company will also participate in the joint development of automotive seats for customers requiring seat design development. Structure of Joint Venture A new joint venture company (“JV Co”) will be incorporated in the Socialist Republic of Vietnam under the proposed name “APM TACHI-S SEATING SYSTEMS VIETNAM CO., LIMITED” with an investment capital and charter capital of USD2,500,000.00 respectively (USD Two Million and Five Hundred Thousand) which will be contributed by both joint venture parties in cash based on the following ratio: (i)    AAIL to contribute 49%, being a sum of USD1,225,000.00; and (ii)    TACHI-S to contribute 51%, being a sum of USD1,275,000.00. The investment in the JV Co will be financed through internally generated funds. Information on AAIL AAIL was incorporated in Labuan Federal Territory on 23 October 2012 as a company limited by shares under the Labuan Companies Act 1990. The issued and paid-up share capital of AAIL is USD12,060,001. AAIL is a wholly-owned investment subsidiary of APM Automotive International Ltd, which in turn is a wholly-owned investment subsidiary of APM. Information on TACHI-S TACHI-S is a limited liability company incorporated under the laws of Thailand on 14 September 2011 to supervise the operations of the TACHI-S Group in India and the ASEAN area. TACHI-S has a registered capital of THB1,000,000,000 divided into 1,000,000 shares of THB1,000 each, of which THB771,357,060 has been fully paid-up. It is a wholly-owned subsidiary of TACHI-S Co., Ltd, a company incorporated in Japan.    TACHI-S is the JV partner with one of the subsidiaries of APM in Malaysia and TACHI-S Group is a global automotive seat system designer and manufacturer. Rationale, risk factors and prospects involved in undertaking the JV This JV arrangement is in line with the expansion plan of APM Group to increase its market share in markets outside Malaysia. The JV will enable both parties to leverage on each other’s knowledge and experience to bring greater synergy in their expertise and know-how in the design, development, manufacture, assembly and sales of automotive seats. The JV is expected to contribute positively to the growth of APM Group in the future. There is no special risk associated with the joint venture other than operational risks and risks inherent in the automotive industry in which APM Group is operating. The automotive industry is poised to grow in the up-coming emerging markets in the ASEAN region. The Board believes that the timing of the JV is appropriate to capture the opportunities to expand our current seat business overseas. Duration of the JVA The JVA is effective from the date of execution unless terminated in the following circumstances: (i)    the issuance of the investment registration certificate and enterprise registration certificate (“Investment Certificates”) does not take place within 6 months of application; (ii)    the dissolution or winding up of the JV Co; (iii)    upon expiry of the duration of the relevant project(s) which is no less than 50 years commencing from the date of issue of the relevant Investment Certificates pertaining to the business or any extension thereof; (iv)     if the relevant authorities issue a decision to withdraw the Investment Certificates; (v)    transfer or assignment of the capital contribution in the JV Co by all the joint venture parties to a third party or parties; (vi)    mutual consent of the joint venture parties. Financial Effects of the JV APM’s investment in the JV is expected to generate reasonable returns in the longer term but will have no material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of APM for the financial year ending 31 December 2016. Approvals Required The JVA is not subject to the approval of the shareholders of APM or any regulatory authorities. Interest of Major Shareholders and Directors None of the directors and/or major shareholders of APM and/or persons connected to them have any interest, direct or indirect, in the JVA. Statement by the Board of Directors The Board of Directors of APM is of the opinion that the JV is in the best interest of APM Group. This announcement is dated 12 August 2016.

Tony-Pua

5015    APM    APM AUTOMOTIVE HOLDINGS BHD

Interim Single-tier Dividend 5 Sen

Entitlement Details: Interim single-tier dividend of 5.0 sen per ordinary share Entitlement Type: Interim Dividend Entitlement Date and Time: 08/09/2016  05:00 PM Year Ending/Period Ending/Ended Date: 31/12/2016 EX Date: 06/09/2016 To SCANS Date: Payment Date: 29/09/2016

Tony-Pua

5015    APM    APM AUTOMOTIVE HOLDINGS BHD

Quarterly rpt on consolidated results for the financial period ended 30/06/2016

Quarter: 2nd Quarter Financial Year End: 31/12/2016 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/06/2016 30/06/2015 30/06/2016 30/06/2015 RM '000 RM '000 RM '000 RM '000 1 Revenue 306,493 305,763 582,628 624,018 2 Profit/Loss Before Tax 16,488 27,057 30,124 60,385 3 Profit/(loss) attributable to ordinary equity holders of the parent 6,376 18,300 15,719 36,127 4 Net Profit/Loss For The Period 8,570 21,449 19,260 42,614 5 Basic Earnings/Loss Per Shares (sen) 3.26 9.36 8.04 18.47 6 Dividend Per Share (sen) 5.00 7.50 5.00 7.50 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 5.9700 6.0500

icy97

icy97 发表于 28-4-2016 05:55 PM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5071289

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	APM AUTOMOTIVE HOLDINGS BERHAD ("APM" OR THE "COMPANY")- PROPOSED ACQUISITION OF THE ASSETS OF TC ALUMINIUM CASTINGS SDN BHD BY APM THERMAL SYSTEMS SDN BHD
Reference is made to our announcement dated 27 April 2016 in relation to the proposed acquisition (“Proposed Acquisition”) of the assets of TC Aluminium Castings Sdn Bhd (“TCAC”)(an indirect wholly-owned subsidiary of Tan Chong Motor Holdings Berhad) by APM Thermal Systems Sdn Bhd (a wholly-owned subsidiary of the Company) for a total cash consideration of RM5,701,318/- which is subject to price adjustment (“Proposed Acquisition Price”) and conditional upon the fulfilment of the conditions precedent (“Conditions Precedent”) as mentioned in the abovesaid announcement. Unless otherwise stated, the abbreviations used in this announcement shall have the same meanings as defined in the said announcement. The Board of Directors of APM wishes to inform that  all Conditions Precedent have been fulfilled and the Proposed Acquisition Price was adjusted and agreed at RM5,643,083.81; and as such the Proposed Acquisition has been completed on 6 September 2016. This announcement is dated 6 September 2016.

icy97

APM汽车控股拟发行回债高达30亿令吉
By Ahmad Naqib Idris  / theedgemarkets.com   | October 10, 2016 : 7:12 PM MYT

（吉隆坡10日讯）APM汽车控股（APM Automotive Holdings Bhd）献议，发行回教商业票据（ICP）和回教中期票据（IMTN），面值各别高达15亿令吉。

该集团向大马交易所报备，这批回教商业票据及回教中期票据的期限各别为7年和20年，从首次发行开始算起。

“发行回债所筹得的资金将用作一般企业用途，以及供APM汽车控股及子公司再融资（包括未来用以融资之用）。

“运用发行回债所筹得的资金均遵守及按照回教教义来进行。”

（编译：倪嫣鴽）

Type	Announcement
Subject	OTHERS
Description	APM AUTOMOTIVE HOLDINGS BERHAD - PROPOSED ISLAMIC COMMERCIAL PAPERS PROGRAMME OF UP TO RM1.5 BILLION IN NOMINAL VALUE AND ISLAMIC MEDIUM TERM NOTES PROGRAMMES OF UP TO RM1.5 BILLION IN NOMINAL VALUE SUBJECT TO A COMBINED AGGREGATE LIMIT OF UP TO RM1.5 BILLION IN NOMINAL VALUE UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT)
The Board of APM Automotive Holdings Berhad (“APM” or “Company”) is pleased to announce that the Company proposes to establish an Islamic Commercial Papers (“ICPs”) Programme of up to RM1.5 billion in nominal value (“ICP Programme”) and Islamic Medium Term Notes (“IMTNs”) Programme of up to RM1.5 billion in nominal value (“IMTN Programme”) subject to a combined aggregate limit of up to RM1.5 billion in nominal value under the Shariah principle of Murabahah (via Tawarruq arrangement) (collectively, the “Sukuk Murabahah Programmes”). The ICP Programme and the IMTN Programme shall have a tenure of seven (7) years and twenty (20) years from the date of first issue from the respective programmes. The proceeds from the issuance of the Sukuk Murabahah shall be utilised by the Company for general corporate purposes and to refinance future financing (including future utilisation of existing financings) of APM and its subsidiaries. The utilisation of the proceeds of the Sukuk Murabahah Programmes shall at all times be for Shariah-compliant purposes. We further wish to announce that the Sukuk Murabahah Programmes have been lodged with the Securities Commission Malaysia (“SC”) on 10 October 2016 in accordance with the SC’s Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework (effective 15 June 2015). This announcement is dated 10 October 2016.

icy97

携手日本Delta Kogyo
APM产销万事达车座

2016年10月30日
（吉隆坡29日讯）APM汽车控股（APM，5015，主板工业产品股）宣布，通过独资子公司Auto Parts控股（APH）与日本Delta Kogyo公司签署联营协议，发展、制造、组装及销售万事达（Mazda）的汽车座椅系统。

根据文告，这包括Mazda CX-5及通用模型，或双方以后同意的其他汽车制造商及非座椅产品。

双方设立的新联营公司APM Delta座椅系统私人有限公司，缴足资本为2300万令吉，而APH和Delta Kogyo公司分别持股60%和40%。

Delta Kogyo是APM汽车控股在国内的其中一家技术伙伴，该项联营将会提升及加强双方关系。

通过该项联营，两家公司能够利用彼此的知识及经验，在设计、发展、制造、组装及销售汽车座椅的专业上，加强协同效应。

扩展东盟市场

同时，这将为联营公司创造机会，以提供本地组装（CKD）的座椅、座架以及组件至东盟市场。

在东盟区域中的新兴市场，汽车领域将会增长。

因此，董事部相信，设立联营公司的时机，能够抓住扩展集团海外座椅业务的机会。

此外，预计该项联营未来将对APM汽车控股带来贡献。【e南洋】

Type	Announcement
Subject	OTHERS
Description	JOINT VENTURE BETWEEN AUTO PARTS HOLDINGS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF APM AUTOMOTIVE HOLDINGS BERHAD AND DELTA KOGYO CO., LTD.
Introduction The Board of Directors of APM Automotive Holdings Berhad (“APM”) wishes to announce that on 28 October 2016, APM via its wholly-owned subsidiary, Auto Parts Holdings Sdn Bhd (Company No. 143315-V)(“APH”) entered into a Joint Venture Agreement (“JVA”) with Delta Kogyo Co., Ltd (Company Registration No. 3240001036479) (“Delta”), to carry on the business of developing, manufacturing, assembling and sale of automobile seating system for automobiles of Mazda Motor Corporation (“Mazda”) including their Mazda CX-5 and generic models or any other car makers and other non-seat products as both APH and Delta may from time to time agree. Structure of Joint Venture A new joint venture company (“JV Co”) will be incorporated in Malaysia under the proposed name “APM Delta Seating Systems Sdn Bhd”. The JV Co will have an authorized capital of RM25,000,000.00 (Ringgit Malaysia Twenty Five Million) divided into 25,000,000 ordinary shares of RM1.00 each.  The issued and paid-up share capital of RM23,000,000.00 (Ringgit Malaysia Twenty Three Million)  divided into 23,000,000 ordinary shares of RM1.00 each, will be subscribed by both parties in cash based on the following shareholding proportion: (a)          APH – 60% equity interest or 13,800,000 ordinary shares of RM1.00 each (b)          Delta – 40% equity interest or 9,200,000 ordinary shares of RM1.00 each The investment in JV Co will be financed through internally generated funds. Information on APH APH was incorporated in Malaysia on 8 August 1985 as a private limited company under the Companies Act, 1965. The authorized share capital of APH is RM20,000,000.00 divided into 5,000,000 ordinary shares of RM1.00 each and 1,500,000,000 redeemable preference shares (“RPS”) of RM0.01 each. The issued and paid up share capital of APH is RM2,650,000.00 divided into 2,500,000 ordinary shares of RM1.00 each and 15,000,000 RPS of RM0.01 each. APH is a wholly-owned investment subsidiary of APM. Information on Delta Delta was incorporated in Japan on 2 March 1953. The registered capital of Delta is JPY91,000,000.   Delta is in the business of designing and manufacturing automotive seating and seating parts, developing seating for trains, airplanes, ships and for homes, theaters and hospitals.   Rationale, risk factors and prospects involved in undertaking the JV Delta is one of the technical partners of APM Group in Malaysia.  The JV will enhance and strengthen the relationship with Delta which will enable both parties to leverage on each other’s knowledge and experience to bring greater synergy in their expertise and know-how in the design, development manufacture, assembly and sales of automotive seats. The JV arrangement creates the opportunity for the JV Co to supply Complete Knock Down seats, seat frames and components into the ASEAN market.   The automotive industry is poised to grow in the up-coming emerging markets in the ASEAN region. The Board believes that the timing of the JV is appropriate to capture the opportunities to expand our current seat business overseas. The JV is expected to contribute positively to the growth of APM Group in the future. There is no special risk associated with the joint venture other than operational risks and risks inherent in the automotive industry in which APM Group is operating. Duration of the JVA The JVA is effective from the date of execution unless terminated (i) by any party at any time as a result of transfer of shares made in accordance with the JVA, such that the party holds no shares in the capital of the JV Co or (ii) on the occurrence of a default by a party such as the commitment of a material breach of its obligations, insolvency, inability to pay its debts among others, which is not resolved within 90 days or (iii) with the consent of the other party.   Financial Effects of the JV APM’s investment in the JV is expected to generate reasonable returns in the longer term but will have no material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of APM for the financial year ending 31 December 2016. Approvals Required The JVA is not subject to the approval of the shareholders of APM or any regulatory authorities. Interest of Major Shareholders and Directors None of the directors and/or major shareholders of APM and/or persons connected to them have any interest, direct or indirect, in the JVA. Statement by the Board of Directors The Board of Directors of APM is of the opinion that the JV is in the best interest of APM Group. This announcement is dated 28 October 2016.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2016

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

1	Revenue	313,289	255,840	895,917	879,858
2	Profit/(loss) before tax	26,695	16,659	56,819	77,044
3	Profit/(loss) for the period	21,320	11,428	40,580	54,042
4	Profit/(loss) attributable to ordinary equity holders of the parent	17,457	9,651	33,176	45,778
5	Basic earnings/(loss) per share (Subunit)	8.92	4.93	16.96	23.41
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	5.00	7.50
		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 ($$)	6.0600		6.0500

icy97

62.5万购Omnimatics 52%
APM汽车进军物联网

2016年12月29日
（吉隆坡29日讯）APM汽车控股（APM，5015，主板工业产品股）以62万5000令吉，投资Omnimatics私人有限公司52%股权，借此进军物联网（IoT）领域。

该公司昨日向马交所报备，独资子公司Auto Parts Holdings私人有限公司（APH），已于12月2日，与拉贾其苏、Watchtower & Friends以及Omnimatics签署协议。

主要开发CARdio

完成交易后，Omnimatics也成为APH的子公司。

APM汽车控股指出，在62万5000令吉的投资中，其中32万5000令吉用于购入Omnimatics的52%股权，24万800令吉为创办人拉贾其苏购入Omnimatics的40%股权，其余则是拉贾其苏的报酬。

拉贾其苏将成为Omnimatics的主管，服务合约为期3年。

APM汽车控股视该投资为新业务，并称该物联网业务，可以扩展至APM汽车控股现有业务的东盟区域。

Omnimatics科技初创公开发旗舰产品CARdio。【e南洋】

Type	Announcement
Subject	OTHERS
Description	APM AUTOMOTIVE HOLDINGS BERHAD ("APM" OR "THE COMPANY") - SUBSCRIPTION FOR SHARES IN OMNIMATICS SDN BHD
INTRODUCTION The Board of Directors of APM wishes to inform that Auto Parts Holdings Sdn Bhd (Company No. 143315-V)(“APH”), a wholly-owned subsidiary of the Company, has on 28 December 2016 subscribed for 52% of the total issued and paid-up share capital in Omnimatics Sdn Bhd (Company No. 1146451-U)(“Omnimatics”) pursuant to the terms of a Subscription Agreement entered into on 2 December 2016 with Raj Kissu A/L Rajandran (“RAJ”), Watchtower & Friends Sdn Bhd (Company No. 9161116-X)(“Watchtower”) and Omnimatics , resulting in Omnimatics becoming a subsidiary of APH. APH paid a total investment cost of RM625,000, the details of which are as follows:   (a)    RM325,000 being the subscription price paid by APH for the subscription of 325,000 ordinary shares of RM1.00 each; and (b)    RM325,000 out of which RM240,800 was paid by APH on behalf of RAJ for the subscription of 240,800 ordinary shares of RM1.00 each and the balance of which was paid as consideration to RAJ for his entering into a service agreement with Omnimatics to act as Head of Omnimatics for a period of three (3) years. The subscription by Watchtower of 49,200 ordinary shares of RM1.00 each, was capitalized from the balance of the grant of RM50,000 which was provided by Watchtower as seed capital to assist Omnimatics in the development of CARdio™. Upon completion of the subscription by the parties to the Subscription Agreement, the shareholdings of Omnimatics are as follows: Name of Shareholder Number of Ordinary Shares of RM1/- Each issued to the Shareholder Percentage of Shareholdings (%) APM 325,000 52% RAJ 250,000 40% Watchtower 50,000 8% Total 625,000 100% INFORMATION ON OMNIMATICS SDN BHD Omnimatics was incorporated in Malaysia as a private limited company under the Companies Act 1965 (“Act”) on 29 May 2015.  The authorized share capital of Omnimatics is RM1,000,000.00 comprising 1,000,000 ordinary shares of RM1.00 each. The issued and paid-up share capital of Omnimatics is RM625,000.00 comprising 625,000 ordinary shares of RM1.00 each.   Omnimatics was established by RAJ as a tech startup to develop its flagship product, CARdio™ - an Internet of Things (“IoT”) telematics platform that connects cars to the cloud, with the intent of making day-to-day driving a better and safer experience through information awareness. The platform comprises both purpose-specific hardware that transmits vehicular information to the cloud and a software platform that generates actionable data for commercialization. The CARdio™ hardware device, which touts easy Plug n Play installation and compatibility for most cars manufactured after 2008, will allow the users to keep track of their car's location, trip logs and fuel economy, driver behavior, maintenance scheduling, performance analytics and various other metrics, as well as receive alerts under certain conditions such as over speeding or possible collision, all from the convenience of their smartphone or browser. The directors of Omnimatics are Mr. Low Seng Chee, Dato’ Tan Eng Hwa, Mr. Nicholas Tan Chye Seng, RAJ and Ms. Raasi Ureeeya A/P Rajandran. RATIONALE FOR THE INVESTMENT With the emergence of the IoT applications embedded in automobiles, both automobile industry insiders and everyday drivers would soon see an increase in connectivity, productivity and ability to perform diagnostics while on the move. APM views this investment of IoT as an additional business segment for the Group. The investment is in tandem with the revolutionary introduction of IoT applications in the automobile industry. This IoT business can be expanded regionally into the ASEAN region where APM has its presence. EFFECTS OF THE INVESTMENT The investment does not have any effect on the issued and paid-up share capital of the Company or the shareholdings of the Company’s substantial shareholders. The investment is not expected to have any material financial impact on the net assets, gearing and earnings of APM Group for the financial year ending 31 December 2016.     APPROVALS REQUIRED The investment is not subject to the approval of the shareholders of APM or any other relevant authorities. DIRECTORS AND MAJOR SHAREHOLDERS INTERESTS None of the Directors or major shareholders of APM or persons connected with them, has any interest, direct or indirect, in the investment. This announcement is dated 28 December 2016.

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	340,713	272,981	1,236,630	1,152,839
2	Profit/(loss) before tax	26,388	17,982	83,207	95,026
3	Profit/(loss) for the period	18,791	17,871	59,371	71,913
4	Profit/(loss) attributable to ordinary equity holders of the parent	15,406	14,712	48,582	60,490
5	Basic earnings/(loss) per share (Subunit)	7.88	7.52	24.84	30.93
6	Proposed/Declared dividend per share (Subunit)	10.00	12.00	15.00	19.50
		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 ($$)	6.1400		6.0500

icy97

Type	Announcement
Subject	OTHERS
Description	APM AUTOMOTIVE HOLDINGS BERHAD ("APMAH" OR THE "COMPANY") - VALUATION OF NON-CURRENT ASSETS
Pursuant to Paragraph 9.19(46) and Part H of Appendix 9A of the Main Market Listing Requirements, the Board of Directors ("Board") of APMAH wishes to announce that the Company has carried out a revaluation exercise on the Company’s and its subsidiaries’ (“the Group”) investment properties which consist of buildings, leasehold land and freehold land situated in Malaysia (“Properties”). The Board had on 27 February 2017 approved the incorporation of revaluation surplus, net of deferred tax of RM2,100,000 in the consolidated financial statements of APMAH for the financial year ended 31 December 2016. Please refer to the attached file for the full text of the announcement. This announcement is dated 27 February 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5349025

Attachments Valuation of Non-Current Assets.pdf

icy97

APM汽车控股合理价多少？

张先生问：

请分析APM汽车控股（APM，5015，主板工业产品组）业绩前景，合理价多少？

答：APM汽车控股受主要客户及原料价格上扬拖累业绩表现，惟分析员认为积极进行并购及开拓新市场，有望改善盈利表现。

大马投行认为，在未来数年，本地汽车业务将持续放缓，而APM汽车控股依然必须依靠本地市场，使该股仅以2018财政年的11倍本益比交易，低于过去3年平均的12.7倍水平。

收购新业务

大马投行相信APM汽车控股为了在2020年达到20亿令吉的营业额目标，将会积极收购新业务。

该公司料多元化营业额贡献，包括50%的销售贡献将来自于现有的原设备客户（对比去年为70%）和剩余则是来自于国外营运、出口、更新设备及其他业务。

该行表示，APM汽车控股此举是明智的作法，因为可以改善两大拖累其净利及赚幅的因素。

其一是，该公司主要依赖普腾及第二国产车（贡献50至60%营业额），惟目前本地市场却已出现饱和状态及缺乏上升动力。其二则是使用的原料价格波动，难以在第一时间将成本压力转嫁客户。

不过，大马投行直言，在进行并购期间，APM汽车控股所面对的风险，则包括需时寻找可获利及带来协同效应的新业务、可能增加该公司的负债比及利息成本和进入新市场带来的弱势情况及改变宏观经济状况。

预测今年净利5900万

大马投行基于本地工业生产总值（TIV）销售增长少于2%，无法支撑APM汽车控股营业额、受产品高价影响，净利赚幅获得改善、利息成本增加及借贷微幅上扬和2017财政年派发15.1仙股息，相等于50%派息率等因素，而预测该公司今年的净利为5900万令吉，对比2016财政年下跌2%，也比市场预测的6600万令吉低。

大马投行相信，APM汽车控股的催化剂来自于并购活动增加带来的强劲盈利及管理成本、本地TIV的改善和开拓新业务方向，包括涉及物联网（IoT）科技。

综合以上，大马投行给予APM汽车控股“守住”评级和3令吉50仙合理价。

文章来源：
星洲日报‧投资致富‧投资问诊‧文：李文龙‧2017.04.16