Quarterly rpt on consolidated results for the financial period ended 30 Sep 2017

Financial Year End 31 Mar 2018
Quarter 2 Qtr
Quarterly report for the financial period ended 30 Sep 2017
The figures have not been audited

Attachments

MESB – 2nd Quarterly Report – 30.09.2017

MESB – 2nd Quarterly Report – 30.09.2017 (Notes)

29 Nov 2017

22nd AGM KEY MATTERS

A summary of discussion on the Agenda of the 22nd Annual General Meeting held on Wednesday, 27 September 2017 at 9.30 a.m.

Item 1 of the Agenda

Audited Financial Statements for the financial year ended 31 March 2017 (“AFS”)

A Proxy Holder highlighted that based on the Company’s Audited Financial Statements for the financial year ended 31 March 2017, the Company’s reserve was recorded at RM39.28 million.  In view thereof, A Proxy Holder enquired whether the Company would consider to issue bonus shares and free warrant to reward its shareholders and also providing them the opportunity to increase equity participation in the Company.

The Chairman replied that the Board took note on the above proposal and would discuss and consider the said matter.

Changes in Sub. S-hldr’s Int (Section 138 of CA 2016)

Particulars of substantial Securities Holder

Name DR IHSAN BIN OSMAN
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No

Date of change

No of securities

Type of Transaction

Nature of Interest

1

23 Nov 2017

30,000

Acquired

Direct Interest

Name of registered holder DR IHSAN BIN OSMAN
Address of registered holder C/O KLINIK IHSAN & SITI 411 LOT 8667 AG KOMPLEK PERNIAGAAN 78000 ALOR GAJAH MELAKA
Description of “Others” Type of Transaction
Circumstances by reason of which change has occurred Acquisition of shares via open market
Nature of interest Direct Interest
Direct (units) 3,139,600
Direct (%) 5.75
Indirect/deemed interest (units) 1,540,400
Indirect/deemed interest (%) 2.821
Total no of securities after change 4,680,000
Date of notice 28 Nov 2017
Date notice received by Listed Issuer 28 Nov 2017

Circular/Notice to Shareholders

Subject CIRCULAR TO SHAREHOLDERS OF MESB BERHAD IN RELATION TO THE:- (I) PROPOSED SHARE SPLIT; AND (II) PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY, THE “PROPOSALS”)

Please refer attachment below.

MESB Berhad – Circular (Final)(1)

GENERAL MEETINGS: Notice of Meeting

Type of Meeting Extraordinary General Meeting
Indicator Notice of Meeting
Description Notice of Extraordinary General Meeting of MESB Berhad
Date of Meeting 08 Dec 2017
Time 09:30 AM
Venue Room 3, Level 2, Hotel Sri Petaling, 30

Jalan Radin Anum, Bandar Baru Sri Petaling

57000 Kuala Lumpur

Date of General Meeting Record of Depositors 04 Dec 2017

Please refer attachment below.

MESB – (A) – Notice of EGM

20 Nov 2017

MULTIPLE PROPOSALS

MULTIPLE PROPOSALS MESB BERHAD (”MESB” OR THE “COMPANY”) (I) PROPOSED SHARE SPLIT; AND (II) PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY, THE “PROPOSALS”)

Type Announcement
Subject MULTIPLE PROPOSALS
Description MESB BERHAD (”MESB” OR THE “COMPANY”)

(I)  PROPOSED SHARE SPLIT; AND

(II) PROPOSED BONUS ISSUE OF WARRANTS

(COLLECTIVELY, THE “PROPOSALS”)

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the announcement dated 19 October 2017 in relation to the Proposals)

We refer to the Company’s announcements dated 19 October 2017, 27 October 2017 and 3 November 2017 in relation to the Proposals, and on behalf of the Board of Directors of MESB, KAF Investment Bank Berhad (“KAF IB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 20 November 2017, approved the following:-

(i)    the Proposed Share Split;

(ii)   the admission to the Official List and listing and quotation of 40,950,000 Warrants to be issued pursuant to the Proposed Bonus Issue of Warrants; and

(iii)  the listing and quotation of 40,950,000 Shares to be issued arising from the exercise of the Warrants.

The approval granted by Bursa Securities for the Proposed Share Split and Proposed Bonus Issue of Warrants is subject to the following conditions:-

(a)   MESB or KAF IB is required to make the relevant announcements pursuant to Paragraph 13.10(2) of the Main Market Listing Requirements (“LR”);

(b)   MESB and KAF IB must fully comply with the relevant provisions under the LR pertaining to the implementation of the Proposed Bonus Issue of Warrants;

(c)   MESB and KAF IB to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Warrants;

(d)   MESB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue of  Warrants is completed; and

(e)   MESB to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants as at the end of each quarter together with a detailed computation of listing fees payable.

MESB is also required to ensure full compliance of all the requirements as provided under the LR at all times.

This announcement is dated 20 November 2017

Change of Company Secretary

Date Of Change 20 Nov 2017
Type Of Change Appointment
Designation Joint Secretary
License No MAICSA 7060343
Name NG SALLY
Working experience and occupation during past 5 years

Change of Company Secretary

Date Of Change 20 Nov 2017
Type Of Change Resignation
Designation Joint Secretary
License No MAICSA 7017753
Name LIM LEE KUAN
Working experience and occupation during past 5 years

Changes in Sub. S-hldr’s Int (Section 138 of CA 2016)

Particulars of substantial Securities Holder

Name DR IHSAN BIN OSMAN
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No Date of change

No of securities

Type of Transaction

Nature of Interest

1 07 Nov 2017

237,000

Disposed

Direct Interest

Name of registered holder DR IHSAN BIN OSMAN
Address of registered holder C/O KLINIK IHSAN & SITI 411 LOT 8667 AG KOMPLEK PERNIAGAAN 78000 ALOR GAJAH MELAKA
Description of “Others” Type of Transaction
2 08 Nov 2017

84,000

Disposed

Direct Interest

Name of registered holder DR IHSAN BIN OSMAN
Address of registered holder C/O KLINIK IHSAN & SITI 411 LOT 8667 AG KOMPLEK PERNIAGAAN 78000 ALOR GAJAH MELAKA
Description of “Others” Type of Transaction
3 08 Nov 2017

71,000

Disposed

Indirect Interest

Name of registered holder SITI ESA BINTI AB RAHIM
Address of registered holder C/O KLINIK IHSAN & SITI 411 LOT 8667 AG KOMPLEK PERNIAGAAN 78000 ALOR GAJAH MELAKA
Description of “Others” Type of Transaction
4 09 Nov 2017

138,300

Disposed

Direct Interest

Name of registered holder DR IHSAN BIN OSMAN
Address of registered holder C/O KLINIK IHSAN & SITI 411 LOT 8667 AG KOMPLEK PERNIAGAAN 78000 ALOR GAJAH MELAKA
Description of “Others” Type of Transaction
5 09 Nov 2017

15,400

Acquired

Indirect Interest

Name of registered holder SITI ESA BINTI AB RAHIM
Address of registered holder C/O KLINIK IHSAN & SITI 411 LOT 8667 AG KOMPLEK PERNIAGAAN 78000 ALOR GAJAH MELAKA
Description of “Others” Type of Transaction
Circumstances by reason of which change has occurred Acquisition and Disposal of shares via open market
Nature of interest Direct and Indirect Interest
Direct (units) 3,109,600
Direct (%) 5.695
Indirect/deemed interest (units) 1,540,400
Indirect/deemed interest (%) 2.821
Total no of securities after change 4,650,000
Date of notice 10 Nov 2017
Date notice received by Listed Issuer 10 Nov 2017

Changes in Sub. S-hldr’s Int (Section 138 of CA 2016)

Amended Announcements
Please refer to the earlier announcement reference number: CS2-02112017-00145

Particulars of substantial Securities Holder

Name DATO’ POH THIAM SEONG
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No

Date of change

No of securities

Type of Transaction Nature of Interest
1 23 Oct 2017

462,300

Disposed Direct Interest
Name of registered holder ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD – Pledged Securities Account for Dato’ Poh Thiam Seong
Address of registered holder 17th Floor Menara Multi-Purpose Capital Square, No. 8 Jalan Munshi Abdullah 50100 Kuala Lumpur
Description of “Others” Type of Transaction
2 25 Oct 2017

100,000

Disposed Indirect Interest
Name of registered holder ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD – Pledged Securities Account for Datin Soh Yoke Hong
Address of registered holder 17th Floor Menara Multi-Purpose Capital Square, No. 8 Jalan Munshi Abdullah 50100 Kuala Lumpur
Description of “Others” Type of Transaction
3 26 Oct 2017

700,000

Disposed Indirect Interest
Name of registered holder ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD – Pledged Securities Account for Datin Soh Yoke Hong
Address of registered holder 17th Floor Menara Multi-Purpose Capital Square, No. 8 Jalan Munshi Abdullah 50100 Kuala Lumpur
Description of “Others” Type of Transaction
4 24 Nov 2017

1,277,700

Disposed Direct Interest
Name of registered holder ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD – Pledged Securities Account for Dato’ Poh Thiam Seong
Address of registered holder 17th Floor Menara Multi-Purpose Capital Square, No. 8 Jalan Munshi Abdullah 50100 Kuala Lumpur
Description of “Others” Type of Transaction
Circumstances by reason of which change has occurred Direct Interest- Disposal of shares via open market Indirect Interest- Disposal of shares via Direct Business Transaction
Nature of interest Direct and Indirect Interest
Direct (units) 1,203,500
Direct (%) 2.204
Indirect/deemed interest (units) 1,405,700
Indirect/deemed interest (%) 2.575
Total no of securities after change 2,609,200
Date of notice 02 Nov 2017
Date notice received by Listed Issuer 02 Nov 2017
Remarks :
The disposal of shares by Dato’ Poh Thiam Seong (Direct Interest) was done through the open market instead of Direct Business Transaction.