Comments Off on Quarterly rpt on consolidated results for the financial period ended 30 Sep 2022
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

MESB2023 1QTR NOTE        MESB2023 1QTR REPORT

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

 

Comments Off on Additional Listing Announcement /Subdivision of Shares
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

 

Comments Off on Annual Report & CG Report Amended Announcements Please refer to the earlier announcement reference number: DCS-31102022-00042
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

 

Comments Off on Additional Listing Announcement /Subdivision of Shares
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
Comments Off on Circular/Notice to Shareholders
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)

Comments Off on GENERAL MEETINGS: Notice of Meeting
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

Comments Off on Additional Listing Announcement /Subdivision of Shares
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 ($$) Malaysian Ringgit (MYR) 63,739,060.000
Listing Date 11 Nov 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 721,400
Issue price per share ($$) 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
Comments Off on Circular/Notice to Shareholders
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

Comments Off on Annual Report & CG Report
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

Comments Off on Additional Listing Announcement /Subdivision of Shares
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
Comments Off on GENERAL MEETINGS: Notice of Meeting
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

Comments Off on OTHERS MESB BERHAD (“MESB” OR “THE COMPANY”) – PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/OR TRADING NATURE
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.

Comments Off on Additional Listing Announcement /Subdivision of Shares
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 1,016,000
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 121,669,100
Issued Share Capital ($$) Malaysian Ringgit (MYR) 63,120,970.000
Listing Date 26 Oct 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 94,500
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable) Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units 120,653,100
Issued Share Capital ($$) Malaysian Ringgit (MYR) 62,816,170.000
Listing Date 19 Oct 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
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 128,600
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 120,558,600
Issued Share Capital ($$) Malaysian Ringgit (MYR) 62,787,820.000
Listing Date 13 Oct 2022
Comments Off on Annual Audited Accounts
Subject Annual Audited Accounts – 30 Jun 2022

 

Please refer attachment below:

MESB Berhad – Audited Financial Statements 30 June 2022.

 

Comments Off on Additional Listing Announcement /Subdivision of Shares
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 848,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.0300
Par Value($$) (if applicable) Malaysian Ringgit (MYR)
 

Latest issued share capital after the above corporate proposal in the following

Units 120,430,000
Issued Share Capital ($$) Malaysian Ringgit (MYR) 62,749,240.000
Listing Date 04 Oct 2022

 

Comments Off on Change in Boardroom
30 Sep 2022

Change in Boardroom

Date of change 30 Sep 2022
Name MR CHEN, JIANHUA
Age 49
Gender Male
Nationality China
Designation Non Executive Director
Directorate Independent and Non Executive
Type of change Appointment

Qualifications

No

Qualifications

Major/Field of Study Institute/University

Additional Information

1 Degree Business Administration The Open University of China

 

Working experience and occupation Mr Chen, JianHua has 30 years experience in the industry of pulp & paper products and waste recycle management.

Currently, he is holding the following positions in the companies registered in China:

General Manager – GuangZhou Howard Trading Co. Ltd.

Managing Director – Dong Gong Environmental Technology Co. Ltd.

Corporate Partner – Yingde Xiongying Plastic Products Co. Ltd.

Corporate Partner – QingLu Environmental Technology Co. Ltd.

Corporate Partner – Huizhou Zhicheng Environmental Protection Service Co. Ltd.

Corporate Partner – Gao Mi Hua Xi Recycle Technology Co. Ltd.

Corporate Consultant – GuangZhou Yu Hua Industrial Co. Ltd.

In December 2020, Mr Chen, JiaHua also appointed as the Director of Expert Resource Management Sdn. Bhd.

Directorships in public companies and listed issuers (if any) Nil
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
Comments Off on Change in Boardroom
30 Sep 2022

Change in Boardroom

Date of change 30 Sep 2022
Name MR WONG YU PERNG
Age 29
Gender Male
Nationality Malaysia
Designation Non Executive Director
Directorate Non Independent and Non Executive
Type of change Appointment

Qualifications

No

Qualifications

Major/Field of Study Institute/University

Additional Information

1 Masters International Business Management University of Tasmania Graduated in 2018

 

Working experience and occupation

Lotus KFM Berhad (2018 – present)

In year 2018, Mr. Wong Yu Perng joined Lotus KFM Berhad as a Sales Executive and was promoted to Head of Purchasing Dept in 2019. In December 2020, he was promoted to Operations Manager overseeing the flour mill operation in Kuantan. He became the Deputy General Manager in 2022 heading the flour mill in Kuantan and warehouse in Semenyih.

Millennial Automobile Maintenance Sdn. Bhd. (2018 – present)

In year 2018, he formed Millennial Automobile Maintenance Sdn. Bhd. with 2 partners to provide repair and maintenance services to commercial vehicles.

Expert Resources Management Sdn. Bhd. (2020 – present)

MESB Resources Sdn. Bhd. (2021 – present)

Mr. Wong Yu Perng was roped into the waste materials management business and lead the operation division of Expert Resource Management Sdn. Bhd.. In year 2022, he is the project leader for the waste recycle business collaboration with KDEB Selangor & PETRONAS.

Directorships in public companies and listed issuers (if any)  

Nil

 

Family relationship with any director and/or major shareholder of the listed issuer Mr. Wong Yu Perng is the son of Datuk Wong Sak Kuan, a Director and major shareholder of MESB Berhad
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
Comments Off on Additional Listing Announcement /Subdivision of Shares
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 384,000
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 119,582,000
Issued Share Capital ($$) Malaysian Ringgit (MYR) 62,494,840.000
Listing Date 28 Sep 2022
Comments Off on MULTIPLE PROPOSALS MESB BERHAD (“MESB” OR “COMPANY”) (I) PROPOSED DISPOSALS; (II) PROPOSED ACQUISITIONS; AND (III) PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE
Type Announcement
Subject MULTIPLE PROPOSALS
Description MESB BERHAD (“MESB” OR “COMPANY”)

(I)             PROPOSED DISPOSALS;

(II)            PROPOSED ACQUISITIONS; AND

(III)           PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE

On behalf of the board of directors of MESB, KAF Investment Bank Berhad wishes to announce that the Company had on 22 September 2022 entered into the following agreements:-

(i) a conditional share sale agreement for the proposed disposals 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 total cash consideration of RM46,000,000; and

(ii) a conditional share purchase agreement for the proposed acquisitions of the entire equity interests in N.U. Recycle Sdn Bhd, Formidex Sdn Bhd and Waier Trading Sdn Bhd from Lotus Essential Sdn Bhd, Datuk Wong Sak Kuan (“DWSK“) and Lee Wai Fun for a total cash consideration of RM51,000,000 (“Proposed Acquisitions”).

In addition, MESB will also be procuring its shareholders’ mandate for recurrent related party transactions expected to be entered into by MESB and its subsidiaries with companies related to DWSK, a vendor, following the completion of the Proposed Acquisitions in addition to the on-going recurrent related party transactions where MESB had procured the general mandate from its shareholders on 7 December 2021.

Kindly refer to the attached document for the complete announcement.

This announcement is dated 22 September 2022.

Attachment : MESB – Announcement dated 22.9.2022

Comments Off on Additional Listing Announcement /Subdivision of Shares
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 428,000
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 119,198,000
Issued Share Capital ($$) Malaysian Ringgit (MYR) 62,379,640.000
Listing Date 22 Sep 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 191,500
Issue price per share ($$) 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 118,770,000
Issued Share Capital ($$) Malaysian Ringgit (MYR) 62,251,240.000
Listing Date 14 Sep 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 537,700
Issue price per share ($$) 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 118,578,500
Issued Share Capital ($$) Malaysian Ringgit (MYR) 62,193,790.000
Listing Date 08 Sep 2022
Comments Off on Quarterly rpt on consolidated results for the financial period ended 30 Jun 2022
Financial Year End 30 Jun 2022
Quarter 4 Qtr
Quarterly report for the financial period ended 30 Jun 2022
The figures have not been audited

 

Attachments

MESB2022 4QTR NOTE        MESB2022 4QTR REPORT

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2022

 

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD
CURRENT YEAR QUARTER PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

30 Jun 2022

30 Jun 2021 30 Jun 2022

30 Jun 2021

$$’000

$$’000 $$’000

$$’000

1 Revenue

69,463

38,266 198,497

136,581

2 Profit/(loss) before tax

-3,665

6,582 11,929

11,524

3 Profit/(loss) for the period

-5,174

5,914 6,233

9,202

4 Profit/(loss) attributable to ordinary equity holders of the parent

-5,174

5,914 6,233

9,202

5 Basic earnings/(loss) per share (Subunit)

-4.65

5.54 5.73

8.92

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 ($$)

0.8000

0.7700

 

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
Comments Off on Additional Listing Announcement /Subdivision of Shares
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 286,000
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 118,040,800
Issued Share Capital ($$) Malaysian Ringgit (MYR) 62,032,480.000
Listing Date 30 Aug 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 410,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable)
 

Latest issued share capital after the above corporate proposal in the following

Units 117,754,800
Issued Share Capital ($$) Malaysian Ringgit (MYR) 61,946,680.000
Listing Date 23 Aug 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 769,100
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable)  
 

Latest issued share capital after the above corporate proposal in the following

Units 117,344,800
Issued Share Capital ($$) Malaysian Ringgit (MYR) 61,823,680.000
Listing Date 16 Aug 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 911,200
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable)  
 

Latest issued share capital after the above corporate proposal in the following

Units 116,575,700
Issued Share Capital ($$) Malaysian Ringgit (MYR) 61,592,950.000
Listing Date 11 Aug 2022
Comments Off on Additional Listing Announcement /Subdivision of Shares
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants to Ordinary Shares
No. of shares issued under this corporate proposal 898,200
Issue price per share ($$) Malaysian Ringgit (MYR)   0.3000
Par Value($$) (if applicable)  
 

Latest issued share capital after the above corporate proposal in the following

Units 115,664,500
Issued Share Capital ($$) Malaysian Ringgit (MYR) 61,319,590.000
Listing Date 05 Aug 2022
Comments Off on DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD
Subject Dealings During Closed Period
Date of announcement made for “Intention to Deal During Closed Period” 25 Jul 2022

 

No Salutation Name Designation Description Of “Others” Designation
1 DATUK WONG SAK KUAN Others Non-Independent Non-Executive Director  
Type of Transaction Others  
Description of “Others” Type of Transaction Conversion Warrants  
Date of Transaction 28 Jul 2022  
Description of Securities Ordinary Shares  
No of Securities Transacted 545,400  
% of Securities Transacted 0.475  
Consideration Malaysian Ringgit (MYR) 0.300  
2 DATUK WONG SAK KUAN Others Non-Independent Non-Executive Director  
Type of Transaction Others  
Description of “Others” Type of Transaction Conversion Warrants  
Date of Transaction 28 Jul 2022  
Description of Securities Warrants 2018/2022  
No of Securities Transacted 545,400  
% of Securities Transacted 1.689  
Consideration Malaysian Ringgit (MYR) 0.300  

 

Remarks :
The conversion of warrants is exempted from the general restriction on dealings during close period pursuant to Paragraph 14.06 (b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.