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

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 08 Oct 2018 85,000 Acquired Indirect Interest
Name of registered holder REZWAN BIN IHSAN
Address of registered holder BT 21 KG AIR HITAM DARAT 78300 MASJID TANAH MELAKA
Description of “Others” Type of Transaction

 

Circumstances by reason of which change has occurred Acquisition of shares via open market
Nature of interest Indirect Interest
Direct (units) 4,331,450
Direct (%) 5.289
Indirect/deemed interest (units) 4,080,800
Indirect/deemed interest (%) 4.983
Total no of securities after change 8,412,250
Date of notice 10 Oct 2018
Date notice received by Listed Issuer 10 Oct 2018
 

Remarks :

Acquisition of 85,000 shares by Mr Rezwan Bin Ihsan via open market, which Dr Ihsan Bin Osman is deemed interest pursuant to Section 8 of the Companies Act 2016.
Comments Off on OTHERS – Amended Announcements

OTHERS MESB BERHAD – EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS ARISING FROM THE PRIVATE PLACEMENT

Amended Announcements
Please refer to the earlier announcement reference number: GA1-05102018-00087

 

Type Announcement
Subject OTHERS
Description MESB BERHAD – EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS ARISING FROM THE PRIVATE PLACEMENT
Reference is made to the announcements of MESB Berhad (“the Company” or “MESB”) dated 9 October 2017 and 5 October 2018 in relation to the completion of the private placement of 12,600,000 new ordinary shares of RM0.73 each in MESB (“Placement Shares”) to independent third party investors (“Private Placement”).

In relation to the announcement dated 5 October 2018, the additional and amended information is and highlighted below:-

Details on the Intended/Extended Timeframe

Purpose Proposed Utilisation (RM’000) Variance (ii) (RM’000) Actual Utilisation (RM’000) Balance unutilised as at 4 October 2018 (RM’000)

Intended timeframe for utilisation

Extended timeframe for utilisation

Working capital 2,498 +32(ii) (2,530)

Within 6 months from  the completion of the Private Placement

Business expansion 6,500 (5,565) 935(i)

Within 12 months from  the completion of the Private Placement

Within 12 months from 8 October 2018 to 9 October 2019
Expenses related to the Private Placement 200 (32)(ii) (168)

Within 1 month from  the completion of the Private Placement

Total 9,198 (8,263) 935

(i)  the balance proceeds is expected to be fully utilised within the extended timeframe.

(ii) As stated in the Circular to Shareholders dated 12 September 2017 in relation to Private Placement, if the actual expenses relating to the Private Placement are lower than the estimated amount i.e. RM200,000, the excess will be utilised for working capital purposes. The actual expenses for the Private Placement was RM168,000 and the excess of RM32,000 has been fully utilised for working capital on 21 September 2018.

The Board after having considered the existing progress of Group’s business expansion in the new product line, has decided to extend the time frame for the utilisation of the balance proceeds of RM935,000.

Accordingly, the Board wish to announce that it had on 5 October 2018 approved an extension of time of 12 months until 9 October 2019 for the utilisation of the aforesaid balance proceeds.

The extension of time for the utilisation of the balance of the proceeds is not subjected to shareholders’ or regulatory’ approvals.

This announcement is dated 10 October 2018

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5 Oct 2018

OTHERS – EOT

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

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Comments Off on Consolidated results for the FPE 30 Jun 2018

Consolidated results for the financial period ended 30 Jun 2018

 

Financial Year End 30 Jun 2019
Quarter Other
Quarterly report for the financial period ended 30 Jun 2018
The figures have not been audited

 

Attachments

http://www.mesbbhd.com/investor-relation/wp-content/uploads/2018/10/MESB-2018-1st-Quarterly-Report-30.06.2018-4.pdf

http://www.mesbbhd.com/investor-relation/wp-content/uploads/2018/10/MESB-2017-1st-Quarterly-Report-30.06.2017.pdf