| Type |
Announcement |
| Subject |
MULTIPLE PROPOSALS |
| Description |
MESB BERHAD (“MESB” OR “COMPANY”)
(I) PROPOSED DISPOSALS; AND
(II) PROPOSED ACQUISITIONS
(COLLECTIVELY REFERRED TO AS “PROPOSALS”) |
| (For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 22 September 2022 in relation to the Proposals.)
We refer to the Company’s announcement dated 22 September 2022 and its subsequent announcements in relation to the Proposals.
On behalf of the Board, KAF IB wishes to announce that the Company had exchanged the letters dated 15 March 2023 with the Purchaser and Vendors to extend the Disposal SSA First Conditional Period and Acquisition SSA Conditional Period from 21 March 2023 to 30 June 2023 respectively.
Saved for the above, all other terms of the Disposal SSA and Acquisition SSA shall remain the same.
This announcement is dated 15 March 2023. |
Author: admin | Filed under: Investor Presentation
| Financial Year End |
30 Jun 2023 |
| Quarter |
2 Qtr |
| Quarterly report for the financial period ended |
31 Dec 2022 |
| The figures |
have not been audited |
Attachments:
MESB2023 2QTR REPORT MESB2023 2QTR NOTE
SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2022 |
| |
INDIVIDUAL PERIOD |
CUMULATIVE PERIOD |
| CURRENT YEAR QUARTER |
PRECEDING YEAR
CORRESPONDING
QUARTER |
CURRENT YEAR TO DATE |
PRECEDING YEAR
CORRESPONDING
PERIOD |
| 31 Dec 2022 |
31 Dec 2021 |
31 Dec 2022 |
31 Dec 2021 |
|
|
|
|
| $$’000 |
$$’000 |
$$’000 |
$$’000 |
| 1 |
Revenue |
55,262 |
61,922 |
91,010 |
73,194 |
| 2 |
Profit/(loss) before tax |
6,902 |
10,340 |
7,277 |
7,311 |
| 3 |
Profit/(loss) for the period |
4,607 |
8,132 |
4,545 |
4,993 |
| 4 |
Profit/(loss) attributable to ordinary equity holders of the parent |
4,607 |
8,132 |
4,545 |
4,993 |
| 5 |
Basic earnings/(loss) per share (Subunit) |
3.64 |
7.51 |
3.74 |
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 ($$) |
0.7300 |
0.8000 |
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country |
Base Unit |
Subunit |
| Malaysia |
Ringgit |
Sen |
| United States |
Dollar |
Cent |
| United Kingdom |
Pound |
Pence |
Author: admin | Filed under: Financial Reports
| Date of change |
20 Feb 2023 |
| Name |
MISS LOW KOON MIN |
| Age |
52 |
| Gender |
Female |
| Nationality |
Malaysia |
| Type of change |
Appointment |
| Designation |
Chairman of Audit Committee |
| Directorate |
Independent and Non Executive |
| Composition of Audit Committee (Name and Directorate of members after change) |
The composition of the Audit and Risk Management Committee is as follows:-
1. Low Koon Min (Chairperson – Independent Non-Executive Director)
2. Datuk Wong Sak Kuan (Member – Non-Independent Non-Executive Director)
3. Lee Kok Heng (Member – Independent Non-Executive Director) |
Author: admin | Filed under: Investor Presentation
| Type of Board Committee |
Risk Committee |
| Date of change |
20 Feb 2023 |
| Salutation |
MISS |
| Name |
LOW KOON MIN |
| Age |
52 |
| Gender |
Female |
| Nationality |
Malaysia |
| Type of change |
Appointment |
| Designation |
Chairman of Risk Committee |
| Directorate |
Independent and Non Executive |
| Composition of Risk Committee(Name and Directorate of members after change) |
The composition of the Audit and Risk Management Committee is as follows:-
1. Low Koon Min (Chairperson – Independent Non-Executive Director)
2. Datuk Wong Sak Kuan (Member – Non-Independent Non-Executive Director)
3. Lee Kok Heng (Member – Independent Non-Executive Director) |
Author: admin | Filed under: Investor Presentation
| Type of Board Committee |
Nomination and Remuneration Committee |
| Date of change |
20 Feb 2023 |
| Salutation |
MISS |
| Name |
LOW KOON MIN |
| Age |
52 |
| Gender |
Female |
| Nationality |
Malaysia |
| Type of change |
Appointment |
| Designation |
Member of Nomination and Remuneration Committee |
| Directorate |
Independent and Non Executive |
| Composition of Nomination and Remuneration Committee(Name and Directorate of members after change) |
The composition of the Nomination and Remuneration Committee is as follows:-
1. Lee Kok Heng (Chairman, Independent Non-Executive Director)
2. Datuk Wong Sak Kuan (Member, Non-Independent Non-Executive Director)
3. Low Koon Min (Member, Independent Non-Executive Director) |
Author: admin | Filed under: Investor Presentation
| Date of change |
20 Feb 2023 |
| Name |
MISS LOW KOON MIN |
| Age |
52 |
| Gender |
Female |
| Nationality |
Malaysia |
| Designation |
Independent Director |
| Directorate |
Independent and Non Executive |
| Type of change |
Appointment |
Qualifications
| No |
Qualifications |
Major/Field of Study |
Institute/University |
Additional Information |
| 1 |
Professional Qualification |
Chartered Member |
Chartered Institute of Management Account (CIMA) |
|
| 2 |
Professional Qualification |
Chartered Member |
Malaysia Institute of Accountants (MIA) |
|
| Working experience and occupation |
Ms. Low Koon Min (Ms. Low) started her career in 1995 as a Finance Manager at Mitsumi Electric Sdn. Bhd., a 100% owned subsidiary of Mitsumi Electric Co. Ltd. Mitsumi is one of the biggest electronic components company which is listed in Japan.
In 1998, Ms. Low joined Mattel Southeast Asia Pte. Ltd. and subsequently moved to Mattel Southeast Asia (Regional Office) Sdn. Bhd. in 2002 as a Financial Specialist. Mattel is a toy company listed on the Nasdaq Stock Exchange of the United States of America.
In 2011, Ms. Low joined Lee Ong & Partners, a legal firm as its General Manager. Ms Low is also involved in the business of recovery and recycling of both scheduled and non-scheduled waste. She also served IWB Consultancy Sdn. Bhd., a former Selangor state owned company tasked to raise woman’s socio-economy and capability of women in leadership and entrepreneurship.
Ms. Low was appointed to the Board of Directors of Lotus KFM Berhad in 2019 as an Independent Non-Executive Director. |
| Directorships in public companies and listed issuers (if any) |
1. Lotus KFM Berhad |
| 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 |
Nil |
Author: admin | Filed under: Investor Presentation
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
1,249,474 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
| Latest issued share capital after the above corporate proposal in the following |
| Units |
144,294,425 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 69,908,567.500 |
| Listing Date |
10 Jan 2023 |
Author: admin | Filed under: Investor Presentation
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
1,751,825 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
| Latest issued share capital after the above corporate proposal in the following |
| Units |
143,044,951 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 69,533,725.300 |
| Listing Date |
04 Jan 2023 |
Author: admin | Filed under: Investor Presentation
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
6,433,075 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
|
| Latest issued share capital after the above corporate proposal in the following |
| Units |
141,293,126 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 69,008,177.800 |
| Listing Date |
28 Dec 2022 |
Author: admin | Filed under: Investor Presentation
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
2,251,375 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
| Latest issued share capital after the above corporate proposal in the following |
| Units |
134,860,051 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 67,078,255.300 |
| Listing Date |
21 Dec 2022 |
Author: admin | Filed under: Investor Presentation
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
1,650,750 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
| Latest issued share capital after the above corporate proposal in the following |
| Units |
132,608,676 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 66,402,842.800 |
| Listing Date |
16 Dec 2022 |
Author: admin | Filed under: Investor Presentation
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
1,978,050 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
| Latest issued share capital after the above corporate proposal in the following |
| Units |
130,957,926 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 65,907,617.800 |
| Listing Date |
12 Dec 2022 |
Author: admin | Filed under: Investor Presentation
| Type of Board Committee |
Nomination and Remuneration Committee |
| Date of change |
06 Dec 2022 |
| Salutation |
MR |
| Name |
TAN YEW KIM |
| Age |
64 |
| Gender |
Male |
| Nationality |
Malaysia |
| Type of change |
Retirement |
| Designation |
Member of Nomination and Remuneration Committee |
| Directorate |
Independent and Non Executive |
| Composition of Nomination and Remuneration Committee(Name and Directorate of members after change) |
The composition of the Nomination and Remuneration Committee is as follows:-
1. Lee Kok Heng (Chairman, Independent Non-Executive Director)
2. Datuk Wong Sak Kuan (Member, Non-Independent Non-Executive Director) |
Author: admin | Filed under: Investor Presentation
| Type of Board Committee |
Risk Committee |
| Date of change |
06 Dec 2022 |
| Salutation |
MR |
| Name |
TAN YEW KIM |
| Age |
64 |
| Gender |
Male |
| Nationality |
Malaysia |
| Type of change |
Retirement |
| Designation |
Chairman of Risk Committee |
| Directorate |
Independent and Non Executive |
| Composition of Risk Committee(Name and Directorate of members after change) |
The composition of the Audit and Risk Management Committee is as follows:-
1. Datuk Wong Sak Kuan (Member – Non-Independent Non-Executive Director)
2. Lee Kok Heng (Member – Independent Non-Executive Director) |
Author: admin | Filed under: Investor Presentation
| Date of change |
06 Dec 2022 |
| Name |
MR TAN YEW KIM |
| Age |
64 |
| Gender |
Male |
| Nationality |
Malaysia |
| Type of change |
Retirement |
| Designation |
Chairman of Audit Committee |
| Directorate |
Independent and Non Executive |
| Composition of Audit Committee (Name and Directorate of members after change) |
The composition of the Audit and Risk Management Committee is as follows:-
1. Datuk Wong Sak Kuan (Member – Non-Independent Non-Executive Director)
2. Lee Kok Heng (Member – Independent Non-Executive Director) |
Author: admin | Filed under: Investor Presentation
| Date of change |
06 Dec 2022 |
| Name |
MR TAN YEW KIM |
| Age |
64 |
| Gender |
Male |
| Nationality |
Malaysia |
| Designation |
Non Executive Director |
| Directorate |
Independent and Non Executive |
| Type of change |
Retirement |
Qualifications
| No |
Qualifications |
Major/Field of Study |
Institute/University |
Additional Information |
| Working experience and occupation |
|
| Family relationship with any director and/or major shareholder of the listed issuer |
|
| Any conflict of interests that he/she has with the listed issuer |
|
| Details of any interest in the securities of the listed issuer or its subsidiaries |
|
Author: admin | Filed under: Investor Presentation
| Type of Meeting |
General |
| Indicator |
Outcome of Meeting |
| Date of Meeting |
06 Dec 2022 |
| Time |
03:00 PM |
| Venue(s) |
An online platform at https://www.digitizevote.my
(Domain Registration No. with MYNIC: D6A474651)
Malaysia |
| Outcome of Meeting |
The Board of Directors of MESB Berhad (“the Company”) wishes to announce that all the resolutions as prescribed in the Notice of Extraordinary General Meeting (“EGM”) of the Company dated 17 November 2022 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the EGM of the Company held on Tuesday, 6 December 2022.
The result of the poll was validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.
Please refer to the attachment for the details of the outcome.
This announcement is dated 6 December 2022. |
| Voting Results |
|
| 1. Ordinary Resolution 1 |
| Description |
Proposed Disposal by MESB of the Entire Equity Interests in Active Fit Sdn Bhd and MESB Capital & Development Sdn Bhd as well as 45% Equity Interest in Miroza Leather (M) Sdn Bhd to Trend Navigator Sdn Bhd for a Cash Consideration of RM46,000,000 |
| Shareholder’s Action |
For Voting |
| Voted |
For
|
Against
|
| No. of Shareholders |
21
|
7
|
| No. of Shares |
16,234,817
|
24,065
|
| % of Voted Shares |
99.8520
|
0.1480
|
| Result |
Accepted
|
|
|
| 2. Ordinary Resolution 2 |
| Description |
Proposed Acquisitions by MESB of he Entire Equity interests in N.U. Recycle Sdn Bhd, Formidex Sdn Bhd and Waier Trading Sdn Bhd from Datuk Wong Sak Kuan, Lee Wai Fun and Lotus Essential Sdn Bhd for a Total Consideration of RM51,000,000 (“Proposed Acquisitions”) |
| Shareholder’s Action |
For Voting |
| Voted |
For
|
Against
|
| No. of Shareholders |
20
|
8
|
| No. of Shares |
16,236,965
|
21,917
|
| % of Voted Shares |
99.8652
|
0.1348
|
| Result |
Accepted
|
|
|
| 3. Ordinary Resolution 3 |
| Description |
Proposed Shareholders’ Mandate for Additional Recurrent Related Party Transactions of a Revenue and/or Trading Nature Following the Completion of the Proposed Acquisitions |
| Shareholder’s Action |
For Voting |
| Voted |
For
|
Against
|
| No. of Shareholders |
18
|
7
|
| No. of Shares |
11,459,054
|
21,828
|
| % of Voted Shares |
99.8099
|
0.1901
|
| Result |
Accepted
|
|
|
Please refer attachment below.
MESB Berhad – Pollling Result
Author: admin | Filed under: Investor Presentation
| Type of Meeting |
General |
| Indicator |
Outcome of Meeting |
| Date of Meeting |
06 Dec 2022 |
| Time |
02:30 PM |
| Venue(s) |
An online platform at https://www.digitizevote.my
(Domain Registration No. with MYNIC: D6A474651)
Malaysia |
| Outcome of Meeting |
The Board of Directors of MESB Berhad (“the Company”) wishes to announce that all the resolutions under Ordinary and Special Businesses as prescribed in the Notice of Twenty-Seventh Annual General Meeting (“27th AGM”) of the Company dated 31 October 2022 were duly passed by the shareholders of the Company by way of poll via remote participation and voting at the 27th AGM of the Company held on Tuesday, 6 December 2022.
The result of the poll was validated by Commercial Quest Sdn. Bhd., the independent scrutineer appointed by the Company.
The Audited Financial Statements for the financial year ended 30 June 2022 together with the Reports of the Directors and Auditors thereon were received and duly tabled at the 27th AGM of the Company under Agenda 1.
Please refer to the attachment for the details of the outcome.
This announcement is dated 6 December 2022. |
| Voting Results |
|
| 1. Ordinary Resolution 1 |
| Description |
To approve the payment of Directors’ fees and benefits of up to RM139,000 for the period commencing from the date immediately after this 27th AGM until the date of the next AGM of the Company. |
| Shareholder’s Action |
For Voting |
| Voted |
For
|
Against
|
| No. of Shareholders |
34
|
5
|
| No. of Shares |
54,699,816
|
13,315
|
| % of Voted Shares |
99.9757
|
0.0243
|
| Result |
Accepted
|
|
|
| 2. Ordinary Resolution 2 |
| Description |
To re-elect Mr. Lee Kok Heng as Director who retires by rotation pursuant to Clause 97 of the Company’s Constitution. |
| Shareholder’s Action |
For Voting |
| Voted |
For
|
Against
|
| No. of Shareholders |
37
|
2
|
| No. of Shares |
54,702,981
|
10,150
|
| % of Voted Shares |
99.9814
|
0.0186
|
| Result |
Accepted
|
|
|
| 3. Ordinary Resolution 3 |
| Description |
To re-elect Dato’ Lee Ban Seng as Director who retires pursuant to Clause 104 of the Company’s Constitution. |
| Shareholder’s Action |
For Voting |
| Voted |
For
|
Against
|
| No. of Shareholders |
37
|
2
|
| No. of Shares |
54,702,981
|
10,150
|
| % of Voted Shares |
99.9814
|
0.0186
|
| Result |
Accepted
|
|
|
| 4. Ordinary Resolution 4 |
| Description |
To re-elect Mr. Wong Yu Perng as Director who retires pursuant to Clause104 of the Company’s Constitution. |
| Shareholder’s Action |
For Voting |
| Voted |
For
|
Against
|
| No. of Shareholders |
37
|
2
|
| No. of Shares |
54,702,981
|
10,150
|
| % of Voted Shares |
99.9814
|
0.0186
|
| Result |
Accepted
|
|
|
| 5. Ordinary Resolution 5 |
| Description |
To re-elect Mr. Chen, JianHua as Director who retires pursuant to Clause 104 of the Company’s Constitution. |
| Shareholder’s Action |
For Voting |
| Voted |
For
|
Against
|
| No. of Shareholders |
35
|
4
|
| No. of Shares |
54,702,879
|
10,252
|
| % of Voted Shares |
99.9813
|
0.0187
|
| Result |
Accepted
|
|
|
| 6. Ordinary Resolution 6 |
| Description |
To appoint Crowe Malaysia PLT as Auditors in place of the retiring Auditors, KPMG PLT and to authorise the Directors to fix their remuneration. |
| Shareholder’s Action |
For Voting |
| Voted |
For
|
Against
|
| No. of Shareholders |
37
|
2
|
| No. of Shares |
54,702,981
|
10,150
|
| % of Voted Shares |
99.9814
|
0.0186
|
| Result |
Accepted
|
|
|
| 7. Ordinary Resolution 7 |
| Description |
To approve the general authority for the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
| Shareholder’s Action |
For Voting |
| Voted |
For
|
Against
|
| No. of Shareholders |
32
|
7
|
| No. of Shares |
54,682,863
|
30,268
|
| % of Voted Shares |
99.9447
|
0.0553
|
| Result |
Accepted
|
|
|
| 8. Ordinary Resolution 8 |
| Description |
To approve the Proposed Renewal of Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue and/or Trading Nature. |
| Shareholder’s Action |
For Voting |
|
Voted
|
For |
Against
|
| No. of Shareholders |
26
|
6
|
| No. of Shares |
11,496,966
|
30,267
|
| % of Voted Shares |
99.7374
|
0.2626
|
| Result |
Accepted
|
Please refer attachment below.
MESB Berhad – Polling Result
Author: admin | Filed under: Annual General Meeting
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
1,949,401 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
| Latest issued share capital after the above corporate proposal in the following |
| Units |
128,979,876 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 65,314,202.800 |
| Listing Date |
06 Dec 2022 |
Author: admin | Filed under: Investor Presentation
| Financial Year End |
30 Jun 2023 |
| Quarter |
1 Qtr |
| Quarterly report for the financial period ended |
30 Sep 2022 |
| The figures |
have not been audited |
Attachments
Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2022 |
| |
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD |
| CURRENT YEAR QUARTER |
PRECEDING YEAR
CORRESPONDING
QUARTER |
CURRENT YEAR TO DATE |
PRECEDING YEAR
CORRESPONDING
PERIOD
|
|
30 Sep 2022
|
30 Sep 2021 |
30 Sep 2022 |
30 Sep 2021
|
|
|
|
|
|
$$’000
|
$$’000 |
$$’000 |
$$’000
|
| 1 |
Revenue |
35,748
|
11,271 |
35,748 |
11,271
|
| 2 |
Profit/(loss) before tax |
375
|
-3,028 |
375 |
-3,028
|
| 3 |
Profit/(loss) for the period |
-62
|
-3,138 |
-62 |
-3,138
|
| 4 |
Profit/(loss) attributable to ordinary equity holders of the parent |
-62
|
-3,138 |
-62 |
-3,138
|
| 5 |
Basic earnings/(loss) per share (Subunit) |
-0.05
|
-2.93 |
-0.05 |
-2.93
|
| 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 ($$) |
0.7700
|
0.8000
|
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country |
Base Unit |
Subunit |
| Malaysia |
Ringgit |
Sen |
| United States |
Dollar |
Cent |
| United Kingdom |
Pound |
Pence |
Author: admin | Filed under: Financial Reports
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
2,031,200 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
|
Latest issued share capital after the above corporate proposal in the following |
| Units |
127,030,475 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 64,729,382.500 |
| Listing Date |
29 Nov 2022 |
Author: admin | Filed under: Investor Presentation
| Annual Report for Financial Year Ended |
30 Jun 2022 |
| Subject |
Annual Report & CG Report – 2022 |
Please refer attachment below.
MESB – Errata to Annual Report 2022 MESB – Annual Report 2022
Author: admin | Filed under: Annual Reports
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
1,269,875 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
|
Latest issued share capital after the above corporate proposal in the following |
| Units |
124,999,275 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 64,120,022.500 |
| Listing Date |
22 Nov 2022 |
Author: admin | Filed under: Investor Presentation
| Subject |
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:- PART A – PROPOSED DISPOSALS (AS DEFINED HEREIN) AND PROPOSED ACQUISITIONS (AS DEFINED HEREIN); PART B – PROPOSED SHAREHOLDERS MANDATE (AS DEFINED HEREIN); PART C – INDEPENDENT ADVICE LETTER BY INDEPENDENT ADVISER TO THE NON-INTERESTED SHAREHOLDERS OF MESB BERHAD IN RELATION TO THE PROPOSED ACQUISITIONS |
Please refer attachment below.
MESB Berhad – Circular dated 17.11.2022 (Part 1)
MESB Berhad – Circular dated 17.11.2022 (Part 2)
MESB Berhad – Circular dated 17.11.2022 (Part 3)
Author: admin | Filed under: Investor Presentation
| Type of Meeting |
Extraordinary |
| Indicator |
Notice of Meeting |
| Description |
MESB BERHAD (“MESB” OR THE “COMPANY”)
-NOTICE OF EXTRAORDINARY GENERAL MEETING (“EGM”)
(The EGM will be conducted on fully virtual basis and entirely via remote participation and electronic voting through an online meeting platform) |
| Date of Meeting |
06 Dec 2022 |
| Time |
03:00 PM |
| Venue(s) |
An online platform at https://www.digitizevote.my
(Domain Registration No. with MYNIC: D6A474651)
Malaysia |
| Date of General Meeting Record of Depositors |
29 Nov 2022 |
| Resolutions |
|
| 1. Ordinary Resolution 1 |
| Description |
Proposed Disposal by MESB of the Entire Equity Interests in Active Fit Sdn Bhd and MESB Capital & Development Sdn Bhd as well as 45% Equity Interest in Miroza Leather (M) Sdn Bhd to Trend Navigator Sdn Bhd for a Cash Consideration of RM46,000,000 |
| Shareholder’s Action |
For Voting |
|
| 2. Ordinary Resolution 2 |
| Description |
Proposed Acquisitions by MESB of he Entire Equity interests in N.U. Recycle Sdn Bhd, Formidex Sdn Bhd and Waier Trading Sdn Bhd from Datuk Wong Sak Kuan, Lee Wai Fun and Lotus Essential Sdn Bhd for a Total Consideration of RM51,000,000 (“Proposed Acquisitions”) |
| Shareholder’s Action |
For Voting |
|
| 3. Ordinary Resolution 3 |
| Description |
Proposed Shareholders’ Mandate for Additional Recurrent Related Party Transactions of a Revenue and/or Trading Nature Following the Completion of the Proposed Acquisitions |
| Shareholder’s Action |
For Voting |
Attachment :
MESB Berhad – EGM Notice_Administrative Notes
Author: admin | Filed under: Investor Presentation
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
900,900 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
| Latest issued share capital after the above corporate proposal in the following |
| Units |
123,729,400 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 63,739,060.000 |
| Listing Date |
11 Nov 2022 |
Author: admin | Filed under: Investor Presentation
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
721,400 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
| Latest issued share capital after the above corporate proposal in the following |
| Units |
122,828,500 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 63,468,790.000 |
| Listing Date |
07 Nov 2022 |
Author: admin | Filed under: Investor Presentation
| Subject |
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/OR TRADING NATURE |
| Subject |
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/OR TRADING NATURE |
Please refer attachment below.
MESB – RRPT Circular_2022
Author: admin | Filed under: Investor Presentation
| Annual Report for Financial Year Ended |
30 Jun 2022 |
| Subject |
Annual Report & CG Report – 2022 |
Please refer attachment below :
MESB – Annual Report 2022 MESB – Corporate Governance Report
Author: admin | Filed under: Annual Reports
| 1. Details of Corporate Proposal |
| Involve issuance of new type/class of securities ? |
No |
| Types of corporate proposal |
Exercise of Warrants |
| Details of corporate proposal |
Conversion of Warrants to Ordinary Shares |
| No. of shares issued under this corporate proposal |
438,000 |
| Issue price per share ($$) |
Malaysian Ringgit (MYR) 0.3000 |
| Par Value($$) (if applicable) |
Malaysian Ringgit (MYR) |
|
Latest issued share capital after the above corporate proposal in the following |
| Units |
122,107,100 |
| Issued Share Capital ($$) |
Malaysian Ringgit (MYR) 63,252,370.000 |
| Listing Date |
01 Nov 2022 |
Author: admin | Filed under: Investor Presentation
| Type of Meeting |
General |
| Indicator |
Notice of Meeting |
| Description |
MESB BERHAD (“MESB” OR “THE COMPANY”)
– NOTICE OF TWENTY-SEVENTH ANNUAL GENERAL MEETING (“27th AGM”)
(The 27th AGM will be conducted on fully virtual basis and entirely via remote participation and electronic voting through an online meeting platform) |
| Date of Meeting |
06 Dec 2022 |
| Time |
02:30 PM |
| Venue(s) |
An online platform at https://www.digitizevote.my
(Domain Registration No. with MYNIC: D6A474651)
Malaysia |
| Date of General Meeting Record of Depositors |
29 Nov 2022 |
Resolutions
|
|
| 1. For Information |
| Description |
To receive the Audited Financial Statements for the financial year ended 30 June 2022 together with the Reports of the Directors and Auditors thereon. |
| Shareholder’s Action |
For Information Only |
|
| 2. Ordinary Resolution 1 |
| Description |
To approve the payment of Directors’ fees and benefits of up to RM139,000 for the period commencing from the date immediately after this 27th AGM until the date of the next AGM of the Company. |
| Shareholder’s Action |
For Voting |
|
| 3. Ordinary Resolution 2 |
| Description |
To re-elect Mr. Lee Kok Heng as Director who retires by rotation pursuant to Clause 97 of the Company’s Constitution. |
| Shareholder’s Action |
For Voting |
|
| 4. Ordinary Resolution 3 |
| Description |
To re-elect Dato’ Lee Ban Seng as Director who retires pursuant to Clause 104 of the Company’s Constitution. |
| Shareholder’s Action |
For Voting |
|
| 5. Ordinary Resolution 4 |
| Description |
To re-elect Mr. Wong Yu Perng as Director who retires pursuant to Clause104 of the Company’s Constitution. |
| Shareholder’s Action |
For Voting |
|
| 6. Ordinary Resolution 5 |
| Description |
To re-elect Mr. Chen, JianHua as Director who retires pursuant to Clause 104 of the Company’s Constitution. |
| Shareholder’s Action |
For Voting |
|
| 7. For Information |
| Description |
To note the retirement of Mr. Tan Yew Kim as Director of the Company at the conclusion of the 27th AGM. |
| Shareholder’s Action |
For Information Only |
|
| 8. Ordinary Resolution 6 |
| Description |
To appoint Crowe Malaysia PLT as Auditors in place of the retiring Auditors, KPMG PLT and to authorise the Directors to fix their remuneration. |
| Shareholder’s Action |
For Voting |
|
| 9. Ordinary Resolution 7 |
| Description |
To approve the general authority for the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016. |
| Shareholder’s Action |
For Voting |
|
| 10. Ordinary Resolution 8 |
| Description |
To approve the Proposed Renewal of Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue and/or Trading Nature. |
| Shareholder’s Action |
For Voting |
|
Please refer attachment below.
MESB Berhad – AGM Notice_Adminstrative Notes
Author: admin | Filed under: Annual General Meeting
| Type |
Announcement |
| Subject |
OTHERS |
| Description |
MESB BERHAD (“MESB” OR “THE COMPANY”)
– PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/OR TRADING NATURE |
| The Board of Directors of MESB wishes to inform that MESB intends to seek its shareholders’ approval the Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue and/or Trading Nature (“Proposed Renewal of Shareholders’ Mandate”) at the forthcoming Twenty-Seventh Annual General Meeting of the Company.
A Circular to Shareholders containing details of the aforesaid Proposed Renewal of Shareholders’ Mandate will be announced and published on the Company’s website in due course.
This announcement is dated 26 October 2022. |
Author: admin | Filed under: Investor Presentation
