【MELEWAR 3778 交流专区】美丽华工业

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2018	30 Sep 2017	30 Sep 2018	30 Sep 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	196,575	186,300	196,575	186,300
2	Profit/(loss) before tax	1,127	6,131	1,127	6,131
3	Profit/(loss) for the period	-926	3,613	-926	3,613
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,389	1,929	-1,389	1,929
5	Basic earnings/(loss) per share (Subunit)	-0.48	0.82	-0.48	0.82
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.7600		1.1000

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Date of change	11 Feb 2019
Name	ENCIK AZLAN BIN ABDULLAH
Age	61
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Managing Director
New Position	Non-Independent Director
Directorate	Non Independent and Non Executive

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Masters	Business Administration	Morehead State University, Kentucky, USA.
2	Degree	Business Administration	Trinity University, San Antonio, Texas, USA.

Working experience and occupation	En Azlan bin Abdullah started his career in 1983 with Citibank N A and in 1987, he joined United Asian Bank ("UAB") where he started and headed the Treasury Marketing Unit. After UAB merged with Bank of Commerce, he was subsequently promoted to Head of Priority Banking Division and Branch Manager of the KL Main Branch in 1992. In 1994, he rejoined Citibank Berhad as Vice President and Head of Public Sector Division.
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	En Azlan bin Abdullah has direct shareholdings of 133,333 (0.04%) and 100,000 (0.03%) in Melewar Industrial Group Berhad and its subsidiary, Mycron Steel Berhad respectively.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2018	31 Dec 2017	31 Dec 2018	31 Dec 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	188,851	203,198	385,426	389,498
2	Profit/(loss) before tax	-6,314	4,262	-5,187	10,393
3	Profit/(loss) for the period	-5,213	2,825	-6,139	6,438
4	Profit/(loss) attributable to ordinary equity holders of the parent	-4,096	1,325	-5,485	3,254
5	Basic earnings/(loss) per share (Subunit)	-1.27	0.56	-1.70	1.38
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.7500		1.1000

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2019	31 Mar 2018	31 Mar 2019	31 Mar 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	156,487	211,082	541,913	600,580
2	Profit/(loss) before tax	-12,825	3,606	-18,012	13,999
3	Profit/(loss) for the period	-11,244	2,010	-17,383	8,448
4	Profit/(loss) attributable to ordinary equity holders of the parent	-10,031	880	-15,516	4,134
5	Basic earnings/(loss) per share (Subunit)	-2.79	0.37	-4.63	1.76
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.7500		1.1000

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2019	30 Jun 2018	30 Jun 2019	30 Jun 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	152,094	215,513	694,007	816,093
2	Profit/(loss) before tax	47,685	-2,755	29,673	11,244
3	Profit/(loss) for the period	44,891	-4,426	27,508	4,022
4	Profit/(loss) attributable to ordinary equity holders of the parent	46,201	-4,802	30,685	-668
5	Basic earnings/(loss) per share (Subunit)	12.85	-2.04	9.00	-0.28
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.9100		1.1000

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Type	Announcement
Subject	OTHERS
Description	MELEWAR INDUSTRIAL GROUP BERHAD ("MIG" OR "THE GROUP")REVALUATION OF PROPERTY, PLANT AND EQUIPMENT
1.   INTRODUCTION Pursuant to Paragraph 9.19(46) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of MIG (“the Board”) wishes to announce that MIG had undertaken a revaluation exercise on the land, buildings, plant, machinery and electrical installation held by the Group. The Board had at its meeting held on 28 August 2019 approved the valuation reports and the incorporation of the revaluation surplus arising from the revaluation in the fourth quarter unaudited financial results of MIG for the financial year ended 30 June 2019. 2.   PURPOSE The revaluation was carried out in accordance with the Group’s accounting policy to determine the fair value of the Group’s property, plant and equipment comprising the land, building, plant, machinery and electrical installation periodically, with sufficient regularity. 3.   REVALUATION SURPLUS The details of the revaluation surplus are set out below: Location of the Property, Plant and Equipment Type of Property, Plant and Equipment Valuer / Valuation date Market Value  (RM) Gross Revaluation Surplus/(Deficit) (RM) Lot 53, Persiaran Selangor, 40200 Shah Alam, Selangor Industrial land and factory cum office building (Leasehold) PA International Property Consultants (KL) Sdn. Bhd. 30 June 2019 29,300,000 1,562,417 Plant, machinery & electrical installation PA International Property Consultants (KL) Sdn. Bhd. 30 June 2019 7,433,000 74,908 Location of the Property, Plant and Equipment Type of Property, Plant and Equipment Valuer/Valuation date Market Value (RM) Gross Revaluation Surplus/(Deficit) (RM) No. 49, Jalan Utas 15/7, 40200 Shah Alam, Selangor Industrial land and factory building (Leasehold) PA International Property Consultants (KL) Sdn. Bhd. 30 June 2019 40,000,000 8,275,665 Plant, machinery & electrical installation PA International Property Consultants (KL) Sdn. Bhd. 30 June 2019 8,380,000 (147,998) Lot 10, Persiaran Selangor, 40200 Shah Alam Selangor Industrial land and factory building (Leasehold) PA International Property Consultants (KL) Sdn. Bhd. 30 June 2019 29,400,000 3,203,399 Plant, machinery & electrical installation PA International Property Consultants (KL) Sdn. Bhd. 30 June 2019 17,811,000 91,306 Lot 16, Jalan Pengapit 15/19, 40200 Shah Alam, Selangor Industrial land and factory building (Leasehold) PA International Property Consultants (KL) Sdn. Bhd. 30 June 2019 12,500,000 700,000 Plant, machinery & electrical installation PA International Property Consultants (KL) Sdn. Bhd. 30 June 2019 79,000 992 Lot 717, Jalan Sungai Rasau, Seksyen 16, 40200 Shah Alam, Selangor Industrial land and factory cum office building (Freehold) PA International Property Consultants (KL) Sdn. Bhd. 30 June 2019 109,700,000 2,411,797 Plant, machinery & electrical installation PA International Property Consultants (KL) Sdn. Bhd. 30 June 2019 137,582,000 (1,424,550) 392,185,000 14,747,936       NOTE Land and building comprise of:                                                                              RM upward revaluation                             15,453,278     Revaluation Surplus upward revaluation                                  700,000     Credited to profit or loss as fair value gain Plant, machinery & electrical installation comprise of:                                                                              RM upward revaluation                                523,233       Revaluation Surplus downward revaluation                                    (1,928,575)      Charged to profit or loss as impairment losses 4.   EFFECT ON NET ASSETS PER SHARE Based on the fourth quarter unaudited financial results of MIG for the financial year ended 30 June 2019, the net assets per share of MIG increased from RM0.87 to RM0.91 upon incorporation of the revaluation surplus, net of deferred tax, of RM12,548,147. 5.   DOCUMENTS AVAILABLE FOR INSPECTION The valuation reports of the property, plant and equipment are available for inspection at the Registered Office of MIG at Suite 11.05, 11th Floor, No.566, Jalan Ipoh, 51200 Kuala Lumpur during normal business hours from Monday to Friday (except for Public Holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 28 August 2019.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	183,994	196,575	183,994	196,575
2	Profit/(loss) before tax	1,218	1,127	1,218	1,127
3	Profit/(loss) for the period	606	-926	606	-926
4	Profit/(loss) attributable to ordinary equity holders of the parent	508	-1,389	508	-1,389
5	Basic earnings/(loss) per share (Subunit)	0.14	-0.48	0.14	-0.48
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.9100		0.9100

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2019	31 Dec 2018	31 Dec 2019	31 Dec 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	173,842	188,851	357,836	385,426
2	Profit/(loss) before tax	-3,164	-6,314	-1,946	-5,187
3	Profit/(loss) for the period	-3,473	-5,213	-2,867	-6,139
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,681	-4,096	-2,173	-5,485
5	Basic earnings/(loss) per share (Subunit)	-0.75	-1.27	-0.60	-1.70
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.9000		0.9100

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2020	31 Mar 2019	31 Mar 2020	31 Mar 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	145,982	156,487	503,818	541,913
2	Profit/(loss) before tax	-2,952	-12,825	-4,898	-18,012
3	Profit/(loss) for the period	-3,606	-11,244	-6,473	-17,383
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,718	-10,031	-4,891	-15,516
5	Basic earnings/(loss) per share (Subunit)	-0.76	-2.79	-1.36	-4.63
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.8900		0.9100

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL OF 69,022,201 ORDINARY SHARES AND 2,000 REDEEMABLE PREFERENCE SHARES REPRESENTING 100% SHARES IN MELEWAR INTEGRATED ENGINEERING SDN BHD
The Board of Directors of MIGB (“Board”) (“the Vendor”) wishes to announce that the Company has on 14 August 2020 entered into Share Sale Agreement (“SSA”) with Datuk Uwe Ahrens (“the Purchaser”) for the disposal of 69,022,201 ordinary shares and 2,000 redeemable preference shares in Melewar Integrated Engineering Sdn Bhd (“MIE”) (Registration No.: 200301004641 (607061-A)) for a cash consideration of RM 750,000.00 only (“Disposal Consideration”) (“Proposed Disposal”). The details of the announcement are as per the attachment. This announcement is dated 14 August 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3077721

Attachments Announcement - Disposal of MIE shares to Datuk Uwe.pdf

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Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-18082020-00001
Subject	Proposed disposal of 69,022,201 ordinary shares and 2,000 redeemable preference shares representing 100% shares in Melewar Integrated Engineering Sdn Bhd (Proposed Disposal)
Description	MELEWAR INDUSTRIAL GROUP BERHAD ("MIGB" or "the Company") PROPOSED DISPOSAL OF 69,022,201 ORDINARY SHARES AND 2,000 REDEEMABLE PREFERENCE  SHARES REPRESENTING 100% SHARES IN MELEWAR INTEGRATED ENGINEERING SDN BHD ("MIE") - REPLY TO QUERY FROM BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") DATED 18  AUGUST 2020
Query Letter Contents	We refer to your Company’s announcement dated 14 August 2020 in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1)    the background of MIE including assets owned and financial information for the last 3 financial years together with commentaries on the results. 2)    basis of arriving at the disposal consideration of RM750,000. 3)    justifications for the disposal consideration of RM750,000. 4)    the computation to arrive at the negative shareholders’ funds of RM4.3 million as at 31 July 2020 based on the latest audited financial statements of MIE. 5)    the original cost of investment and date of investment in MIE. 6)    whether any guarantee given by Melewar Industrial Group Berhad Group to the Purchaser or MIE, or to incorporate an appropriate negative statement. 7)    the salient terms and conditions of the Share Sale Agreement. 8)    brief details of the Terengganu Silica Project and the impact of the failure to secure closure of the project on the Group. 9)    the computation to arrive at the expected gain of approximately RM5 million. 10)  whether the disposal consideration have been paid.
We refer to the announcement dated 14 August 2020 and the letter dated 18 August 2020 from Bursa Securities requesting for additional information pertaining to the Proposed Disposal of 69,022,201 Ordinary Shares and 2,000 Redeemable Preference Shares representing 100% shares in Melewar Integrated Engineering Sdn Bhd. Please refer to the attachment for further details of the Company's reply. This announcement is dated 19 August 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3079171

Attachments Reply Query to Bursa and Unaudited June and July 2020.pdf AFS 2018.pdf AFS 2019.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

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

1	Revenue	92,685	152,158	596,503	694,071
2	Profit/(loss) before tax	1,193	47,814	-3,705	29,802
3	Profit/(loss) for the period	2,328	44,998	-4,145	27,615
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,447	46,274	-1,444	30,758
5	Basic earnings/(loss) per share (Subunit)	0.96	12.87	-0.40	9.02
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.9100		0.9100

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Type	Announcement
Subject	OTHERS
Description	MELEWAR INDUSTRIAL GROUP BERHAD ("MIG" OR "THE GROUP") REVALUATION OF PROPERTY, PLANT AND EQUIPMENT
1.   INTRODUCTION Pursuant to Paragraph 9.19(46) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of MIG (“the Board”) wishes to announce that MIG had undertaken a revaluation exercise on the land, buildings, plant, machinery and electrical installation held by the Group. The Board had at its meeting held on 28 August 2020 approved the valuation reports and the incorporation of the revaluation surplus arising from the revaluation in the fourth quarter unaudited financial results of MIG for the financial year ended 30 June 2020. 2.   PURPOSE The revaluation was carried out in accordance with the Group’s accounting policy to determine the fair value of the Group’s property, plant and equipment comprising the land, building, plant, machinery and electrical installation periodically, with sufficient regularity. 3.   REVALUATION SURPLUS The details of the revaluation surplus are set out below: Location of the Property, Plant and Equipment Type of Property, Plant and Equipment Valuer / Valuation date Market Value  (RM) Gross Revaluation Surplus/(Deficit) (RM) Lot 53, Persiaran Selangor, 40200 Shah Alam, Selangor Industrial land and factory cum office building (Leasehold) PA International Property Consultants (KL) Sdn. Bhd. 30 June 2020 29,300,000 752,926 Plant, machinery & electrical installation PA International Property Consultants (KL) Sdn. Bhd. 30 June 2020 6,738,000 (100,729) Location of the Property, Plant and Equipment Type of Property, Plant and Equipment Valuer/Valuation date Market Value (RM) Gross Revaluation Surplus/(Deficit) (RM) No. 49, Jalan Utas 15/7, 40200 Shah Alam, Selangor Industrial land and factory building (Leasehold) PA International Property Consultants (KL) Sdn. Bhd. 30 June 2020 40,000,000 633,281 Plant, machinery & electrical installation PA International Property Consultants (KL) Sdn. Bhd. 30 June 2020 7,975,000 (186,799) Lot 10, Persiaran Selangor, 40200 Shah Alam Selangor Industrial land and factory building (Leasehold) PA International Property Consultants (KL) Sdn. Bhd. 30 June 2020 29,400,000 664,543 Plant, machinery & electrical installation PA International Property Consultants (KL) Sdn. Bhd. 30 June 2020 16,404,000 (145,110) Lot 16, Jalan Pengapit 15/19, 40200 Shah Alam, Selangor (Note A(i)) Industrial land and factory building (Leasehold) Oregeon Property Consultancy Sdn. Bhd. 15 March 2020 13,500,000 1,000,000 Plant, machinery & electrical installation Oregeon Property Consultancy Sdn. Bhd. 15 March 2020 77,000 1,058 Lot 717, Jalan Sungai Rasau, Seksyen 16, 40200 Shah Alam, Selangor Industrial land and factory cum office building (Freehold) PA International Property Consultants (KL) Sdn. Bhd. 30 June 2020 107,500,000 (405,827) Plant, machinery & electrical installation PA International Property Consultants (KL) Sdn. Bhd. 30 June 2020 152,513,000 (2,687,125) 403,407,000 (473,782)       NOTE (A) Land and building comprise of:                                                                              RM upward revaluation                    1,644,922       Revaluation Surplus downward revaluation               (707,000)(i)     Debited to profit or loss as fair value loss (i) The Group has in mid-June 2020 received a conditional offer from a Real Estate Investment Trust (REIT) to buy the Property on Lot 16, Jalan Pengapit for RM11.87 million subject to contract. For the purpose of fair value accounting the Property for the financial year ended 30 June 2020, the lower of the aforesaid offered value versus the latest independent valuation (dated 15 March 2020) was used as the indicative ‘fair value’. Given that the opening carrying fair value of the Property was RM12.58 million, a fair value loss of RM0.7 million is recognised in the Statement of Profit or Loss for the current financial quarter. Considering that property disposal to a REIT would be exempted from RPGT, a write-back of deferred tax liability estimated at around RM1 million giving rise to a gain in Profit or Loss would occur should the said REIT offer be contracted and concluded in the next financial year. The Property has been rented out since June 2018. The tenant did not renew the tenancy at expiry on 30 June 2020. (B) Plant, machinery & electrical installation comprise of:                                                                              RM upward revaluation                       533,377       Revaluation Surplus downward revaluation               (3,652,081)      Charged to profit or loss as impairment losses 4.   EFFECT ON NET ASSETS PER SHARE Based on the fourth quarter unaudited financial results of MIG for the financial year ended 30 June 2020, the net assets per share of MIG increased from RM0.90 to RM0.91 upon incorporation of the revaluation surplus, net of deferred tax, of RM1,655,507. 5.   DOCUMENTS AVAILABLE FOR INSPECTION The valuation reports of the property, plant and equipment are available for inspection at the Registered Office of MIG at Suite 11.05, 11th Floor, No.566, Jalan Ipoh, 51200 Kuala Lumpur during normal business hours from Monday to Friday (except for Public Holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 28 August 2020.

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL OF PROPERTY BEARING POSTAL ADDRESS LOT 16, JALAN PENGAPIT 15/19, SEKSYEN 15, 40200 SHAH ALAM, SELANGOR DARUL EHSAN TO RHB TRUSTEES BERHAD AS TRUSTEE FOR AXIS REAL ESTATE INVESTMENT TRUST ("AXIS REIT") FOR A TOTAL DISPOSAL CONSIDERATION OF RM11.87 MILLION
The Board of Directors of Melewar Industrial Group Berhad ("MIGB") (“Board”) wishes to announce that Melewar Steel Services Sdn Bhd (Registration No. 197501000185 (21834-P)) (“the Vendor” or “MSS”), a wholly-owned subsidiary of MIGB has on 03 September 2020 entered into a Sale & Purchase Agreement (“SPA”) with RHB Trustees Berhad acting as the trustee for Axis Real Estate Investment Trust (“AXIS-REIT”) (“the Purchaser”) for the disposal of property together with all the buildings erected thereon bearing postal address Lot 16, Jalan Pengapit 15/19, Seksyen 15, 40200 Shah Alam, Selangor Darul Ehsan (collectively known as “Property”), which full details are given in sub-paragraph 2.2 of the announcement, by the Company to RHB Trustees Berhad as trustee (“RHB” or “Trustee”) for Axis-REIT for a total disposal consideration of RM11.87 million (“Disposal Consideration”) (“the Proposed Disposal”). The details of the announcement are as per the attachment. This announcement is dated 03 September 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3085349

Attachments Melewar_Proposed Disposal of Factory 4 (Draft Announcement) Final - Comments frm Mgt (Axis Comments) (clean).pdf

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

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

1	Revenue	156,156	183,994	156,156	183,994
2	Profit/(loss) before tax	9,739	1,218	9,739	1,218
3	Profit/(loss) for the period	8,419	606	8,419	606
4	Profit/(loss) attributable to ordinary equity holders of the parent	7,401	508	7,401	508
5	Basic earnings/(loss) per share (Subunit)	2.06	0.14	2.06	0.14
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.9300		0.9100

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	MELEWAR INDUSTRIAL GROUP BERHAD ("MIGB" OR "COMPANY")PROPOSED DISPOSAL OF PROPERTY BEARING POSTAL ADDRESS LOT 16, JALAN PENGAPIT 15/19, SEKSYEN 15, 40200 SHAH ALAM, SELANGOR DARUL EHSAN ("THE PROPERTY") TO RHB TRUSTEES BERHAD AS TRUSTEE FOR AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") FOR A TOTAL DISPOSAL CONSIDERATION OF RM11.87 MILLION ("PROPOSED DISPOSAL").
Reference is made to the Company's announcement dated 3 September 2020 in relation to the Proposed Disposal ("Announcement"). Unless otherwise stated, abbreviations and definitions used throughout this announcement shall have the same meaning as those previously defined in the Announcement. The Board of Directors of MIGB wishes to announce that the Proposed Disposal of the Property to Axis-REIT has been completed on 3 December 2020 in accordance with the terms and conditions of the Sale and Purchase Agreement dated 3 September 2020. This announcement is dated 3 December 2020.

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MELEWAR INDUSTRIAL GROUP BERHAD

Date of change	01 Oct 2021
Name	MISS CHAN LOO LING
Age	39
Gender	Female
Nationality	Malaysia
Type of change	Appointment
Designation	Chief Financial Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Degree Accounting and Finance University of Technology, Sydney (UTS), Australia 2 Professional Qualification Accounting Certified Public Accountants (CPA), Australia Member 3 Professional Qualification Accounting Malaysian Institute of Accountants (MIA) Member 4 Professional Qualification Accounting Institute of Internal Auditors (IIA) Member
Working experience and occupation	Ms Chan Loo Ling has more than 15 years of working experience. She started her career as an auditor having served various capacities in audit firms, the last with PricewaterhouseCoopers before leaving in 2011 to join the commercial world. She joined as a Senior Finance and Risk Manager in a public listed company involved in the upstream oil & gas industry in 2011 till 2015. Thereafter, she joined another public listed company who is in global vessel leasing business in the oil & gas industry from 2015 till 2019 as its Assistant Financial Controller.  Prior to joining the Company, she was the Group Finance and Accounting Manager in a public listed company involved in the hospitality sector.

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MELEWAR INDUSTRIAL GROUP BERHAD

Date of change	22 Oct 2021
Name	MR CHOO KAH YEAN
Age	56
Gender	Male
Nationality	Malaysia
Type of change	Resignation
Designation	Chief Financial Officer
Reason	Restructuring within the organisation.
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

No Qualifications Major/Field of Study Institute/University Additional Information 1 Degree Business Administration in Finance Iowa State University (USA) 2 Masters Business Administration in Finance University of Hull, UK 3 Professional Qualification Accounting ICMA Member 4 Professional Qualification Accounting MIA Member
Working experience and occupation	Mr Choo has more than 34 years of work experience in finance functions that started in 1987 with the public accounting firm HRM Touche Ross which subsequently evolved into Arthur Anderson & Co. During those initial nine years of professional services, he worked in a wide array of finance functions in various industries covering audit, corporate finance and recovery services, and business consulting. Moving on to the commercial sector, Mr Choo joined IOI Group in its corporate planning and finance function which helmed and oversaw the group's growth in its plantation, property, and downstream edible oil businesses during its formation years. Mr Choo's last engagement was with KNM Group heading the group's finance functions of its domestic and global operations involving process equipment manufacturing and engineering construction contracts.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

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

1	Revenue	148,225	155,892	148,225	155,892
2	Profit/(loss) before tax	10,444	9,781	10,444	9,781
3	Profit/(loss) for the period	8,042	8,419	8,042	8,419
4	Profit/(loss) attributable to ordinary equity holders of the parent	6,017	7,401	6,017	7,401
5	Basic earnings/(loss) per share (Subunit)	1.67	2.06	1.67	2.06
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 ($$)	1.0500		1.0300