【MAA 1198 交流专区】马联合保险控股

icy97

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	47,913	40,827	92,156	79,991
2	Profit/(loss) before tax	-6,534	370	1,248	-10,826
3	Profit/(loss) for the period	-8,222	-1,177	-1,625	-13,798
4	Profit/(loss) attributable to ordinary equity holders of the parent	-8,226	-1,158	-1,660	-13,788
5	Basic earnings/(loss) per share (Subunit)	-3.01	-0.42	-0.61	-5.04
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	3.00
		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 ($$)	1.9500		1.9400

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	MAA GROUP BERHAD ("MAAG" OR "THE COMPANY")PROPOSED ACQUISITION OF 90% EQUITY INTEREST IN SCHOLASTIC IB INTERNATIONAL SDN BHD BY ITS SUB-SUBSIDIARY, EDUMAAX SDN BHD (FORMERLY KNOWN AS INDOPELANGI SDN BHD) ("PROPOSED ACQUISITION")
The Board of Directors of MAAG, wishes to announce that on 20September 2019, Edumaax Sdn Bhd (formerly known as Indopelangi Sdn Bhd), a wholly owned subsidiary of MAA Corporation Sdn Bhd, which in turn is a wholly owned subsidiary of the Company had entered into a Share Acquisition Agreement (“SAA”) with Scholastic Ventures Sdn Bhd and PAC Edu KL Sdn Bhd, for the acquisition of 1,147,059 shares representing 90% equity interest in Scholastic IB International Sdn Bhd  for a total purchase consideration of RM27,000,000.00 (Ringgit Malaysia: Twenty Seven Million Only) subject to further terms and conditions stipulated in the SAA. Further details of the acquisition are set out in the attachment. This announcement is dated 20 September 2019.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6288405

Attachments MAA GROUP BERHAD - PROPOSED ACQUISITION.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	MAA GROUP BERHAD ("MAAG" OR "THE COMPANY") PROPOSED ACQUISITION OF 90% EQUITY INTEREST IN SCHOLASTIC IB INTERNATIONAL SDN BHD BY ITS SUB-SUBSIDIARY, EDUMAAX SDN BHD (FORMERLY KNOWN AS INDOPELANGI SDN BHD) ("PROPOSED ACQUISITION")
(Unless otherwise stated, the definitions used in this announcement are the same as those previously defined in the announcement dated 20 September 2019) We refer to the Company's announcement made on 20 September 2019  in relation to the Proposed Acquisition with further clarification on: (i) Section 3 - Basis of and Justification for the Purchase Consideration (ii) Section 7 - Variation to the Utilisation of Proceeds from the Disposal of MAA Takaful Berhad ("MAAT") Section 3 - Basis of and Justification for the Purchase Consideration As stated in the Company’s announcement dated 20 September 2019 (“Announcement”), the Purchase Consideration was arrived at on a willing buyer willing seller basis after taking into consideration the prospects of the private education industry in Malaysia and the future earnings potential of the SJ Group.  It is also taking into account the following: (i) The aggregate profit guarantee of RM5.00 million provided by the Vendors for the financial years ending 31 December 2019 and 31 December 2020, which translates to a yearly profit guarantee of RM2.50 million for each financial year. Based on the yearly profit guarantee of RM2.50 million, the purchase consideration of RM27.00 million (90% of RM30.00 million value on 100% equity interest in SIB) represents a price-to-earnings (“PE”) multiple of 12.00 times. (ii) The audited consolidated profit of taxation (“PAT”) of RM2.55 million for the financial year ended 31 December 2018.   Based on the PAT of RM2.55 million, the purchase consideration of RM27.00 million (90% of RM30.00 million value on 100% equity interest in SIB) represents a price-to-earnings (“PE”) multiple of 11.76 times. Section 7 - Variation to the Utilisation of Proceeds from the Disposal of MAAT There was a typo error on the figure of RM214.06 million in sub-paragraph 4 of section 7. The amount of the MAAT Disposal Proceeds remains unutilised should be RM183.66 million. Further breakdown on the unutilised MAAT Disposal Proceeds is disclosed in the table set out in section 7 of the Announcement.    This announcement is dated 25 September 2019.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	MAA GROUP BERHAD ("MAAG" OR "THE COMPANY") PROPOSED ACQUISITION OF 90% EQUITY INTEREST IN SCHOLASTIC IB INTERNATIONAL SDN BHD BY ITS SUB-SUBSIDIARY, EDUMAAX SDN BHD (FORMERLY KNOWN AS INDOPELANGI SDN BHD) ("PROPOSED ACQUISITION")
(Unless otherwise stated, the definitions used in this announcement are the same as those previously defined in the announcements dated 20 September 2019 and 25 September 2019) Reference is made to the announcements made by MAAG on 20 September 2019 and 25 September 2019 in relation to the Share Acquisition Agreement (“SAA”) executed between Edumaax Sdn Bhd (formerly known as Indopelangi Sdn Bhd), who is a sub-subsidiary of the Company, with Scholastic Ventures Sdn Bhd and PAC Edu KL Sdn Bhd, for the acquisition of 1,147,059 shares which is equivalent to 90% equity interest held in Scholastic IB International Sdn Bhd. The Board of Directors of MAAG wishes to announce that the Proposed Acquisition has been completed on 31 October 2019 in accordance with terms and conditions of the SAA. This announcement is dated 31 October 2019.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	MAA GROUP BERHAD ("MAAG")PROPOSED SUBSCRIPTION OF 18,433,180 NEW SHARES IN ALTECH CHEMICAL LTD ("ALTECH") FOR A TOTAL CASH CONSIDERATION OF AU$2.0 MILLION ("PROPOSED SUBSCRIPTION")
1. Introduction The Board of Directors of MAAG (“Board”) wishes to announce that on 11 November 2019, MAAG entered into a conditional subscription agreement with Altech to subscribe for 18,433,180 Altech shares, representing approximately 2.42% of the enlarged issued and paid-up share capital of Altech, for a total cash consideration of Australian Dollar (“AU$”) 2,000,000 or at AU$0.1085 per share. Together with past subscriptions by MAAG, MAAG will now hold a total of 51,489,658 Altech shares, representing approximately 6.76% of the enlarged issued and paid-up share capital of Altech. The cash consideration of AU$2 million will be funded by internally generated funds. The consideration for the Proposed Subscription was arrived at on a willing-buyer and willing-seller basis, after taking into consideration assessment of Altech’s future prospects and the subscription price of AU$0.1085 represents a discount of 15.7% on the 5-day weighted average market price of Altech shares up to 12 November 2019. The new Altech shares shall be subscribed by MAAG free from all charges, liens, pledges, trust and other encumbrances and with all rights, benefits and entitlements attaching thereto. 2. Background information on Altech Altech is an ASX-listed mineral and chemical processing company concentrating on the development of a high purity alumina (“HPA”) production operation. The company owns significant aluminous clay resources in Western Australia, which it has demonstrated is suitable feedstock for the proposed process. Based on Altech’s audited financial statements for the financial year ended 30 June 2019, the company recorded a net loss of AU$6.18 million while its shareholders’ equity stood at AU$63.41 million. 3. Rationale The Proposed Subscription provides MAAG with an opportunity to participate in the future growth of Altech as well as to enjoy the potential capital appreciation in the value of its investment in Altech upon operation of the HPA plant. 4. Prospects of the Proposed Subscription and risk factor Prospect of high purity alumina (“HPA”) market The global HPA market was valued at $1.1 billion in 2018, and is projected to reach $5.1 billion by 2026, growing at a CAGR of 21.7% from 2019 to 2026. The HPA market is mainly driven by its increase in applications in semiconductors, LED lighting, lithium ion batteries, plasma display screen, phosphor, hybrid cars, optical lenses, sodium lamps, and smartphone sapphire glass. In addition, increase in demand for high purity alumina from LED lighting industry, owing to stringent government regulations on production, import, and sale of incandescent lights is expected to fuel the growth of the LED lighting market; thereby, boosting the growth of this market. Furthermore, HPA is used in the manufacturing of lithium ion batteries. Therefore, increase in demand for lithium ion batteries due to surge in demand for electric cars globally in order to curb carbon emission is expected to increase the demand for high purity alumina. (Source : https://www.alliedmarketresearch.com/high-purity-alumina-market) Risk factor The Proposed Subscription is subject to certain risks inherent in the HPA market. These may include, inter-alia, changes in demand and oversupply of HPA, global economy downturn etc, . In addition, there is no certainty that the mining, construction and operation of the HPA operations and facilities will be able to proceed as envisaged, and if they do proceed as envisaged – that the operations will function as expected and deliver the results that were foreshadowed. 5. Financial effects The Proposed Subscription will not have a material effect on the earnings or net assets of the MAAG group for the financial year ending 31 December 2019. 6. Expected completion The Proposed Subscription is expected to be completed by 15 November 2019 or such other date as agreed by the parties in writing. 7. Approvals required The Proposed Subscription is not subject to the approval of the shareholders of MAAG or any regulatory authorities. Pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Securities, the highest percentage ratio of the transaction and the earlier subscription of AU$2.0 million new Altech shares is less than 5% based on the audited financial statements of MAAG for the financial year ended 31 December 2018. 8. Interest of Directors and Substantial Directors Tunku Dato’ Yaacob Khyra (“TY”) is a director and a shareholder of Altech via his interests in Melewar International Investment Company Limited, and accordingly, is deemed interested in the Proposed Subscription. TY had abstained and will continue to abstain from deliberations and voting at the relevant board meetings of MAAG in relation to the Proposed Subscription. Save as disclosed above, none of the Directors and substantial shareholders of MAAG and persons connected to them have any interest, direct or indirect, in the Proposed Subscription. 9. Statement by the Board and the Audit Committee The Audit Committee of MAAG has considered all aspect of the transaction, is of the view that the transaction is fair, reasonable, on normal commercial terms and not detrimental to the interest of MAAG’s minority shareholders, and that the transaction is in the best interest of MAAG. The Board concurred with the Audit Committee’s opinion and agreed that the transaction is in the best interest of MAAG. This announcement is dated 13 November 2019.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	MAA GROUP BERHAD ("MAAG") PROPOSED SUBSCRIPTION OF 18,433,180 NEW SHARES IN ALTECH CHEMICAL LTD ("ALTECH") FOR A TOTAL CASH CONSIDERATION OF AU$2.0 MILLION ("PROPOSED SUBSCRIPTION")
(Unless otherwise stated, the definitions used in this announcement is the same as those previously defined in the announcement dated 13 November 2019) Reference is made to the announcement made by MAAG on 13 November 2019 in relation to the conditional subscription agreement (“the Agreement”) executed between MAAG with Altech for the acquisition of 18,433,180 Altech shares, representing approximately 2.42% of the enlarged issued and paid-up share capital of Altech, for a total cash consideration of Australian Dollar (“AU$”) 2,000,000 or at AU$0.1085 per share. The Board of Directors of MAAG wishes to announce that the Proposed Subscription has been completed on 15 November 2019 in accordance with terms and conditions of the Agreement. This announcement is dated 15 November 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	48,105	45,271	140,261	125,262
2	Profit/(loss) before tax	-3,294	-1,863	-2,046	-12,689
3	Profit/(loss) for the period	-3,304	-2,603	-4,929	-16,401
4	Profit/(loss) attributable to ordinary equity holders of the parent	-3,299	-2,633	-4,959	-16,421
5	Basic earnings/(loss) per share (Subunit)	-1.21	-0.96	-1.81	-6.00
6	Proposed/Declared dividend per share (Subunit)	6.00	0.00	6.00	3.00
		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 ($$)	1.8900		1.9400

icy97

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	54,139	43,979	194,400	169,241
2	Profit/(loss) before tax	-27,479	-11,684	-29,525	-24,373
3	Profit/(loss) for the period	-26,333	-10,937	-31,262	-27,338
4	Profit/(loss) attributable to ordinary equity holders of the parent	-26,258	-11,036	-31,217	-27,457
5	Basic earnings/(loss) per share (Subunit)	-9.60	-4.03	-11.42	-10.04
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	6.00	3.00
		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 ($$)	1.7900		1.9400

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MAA GROUP BERHAD

Date of change	11 Mar 2020
Name	MR ANAND KANAGASINGAM
Age	38
Gender	Male
Nationality	Malaysia
Type of change	Appointment
Designation	Chief Operating Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Degree Commerce in Corporate Finance and Marketing University of Adelaide, Australia
Working experience and occupation	Mr Anand Kanagasingam has over 10 years of credit and client relationship management experience in Corporate/Commercial Banking. He began his career in the banking industry serving various renowned banks in Malaysia and United Arab Emirates such as Affin Bank Berhad, the National Bank of Abu Dhabi, Standard Chartered Bank and Union National Bank. Mr Anand Kanagasingam was appointed as the General Manager of MAA Group Berhad on 18 September 2017 and was subsequently redesignated to Senior Vice President - Financial Services on 1 April 2019.

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MAA GROUP BERHAD

Date of change	16 Mar 2020
Name	MR CHOON SIEW THONG
Age	52
Gender	Male
Nationality	Malaysia
Type of change	Appointment
Designation	Chief Financial Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Professional Qualification Accounting CPA Australia Member 2 Professional Qualification Accounting Malaysian Institute  Accountants (MIA) Member 3 Degree Accounting Monash University, Melbourne, Australia Bachelor of Economics (major in accounting)
Working experience and occupation	Mr Choon Siew Thong has more than 29 years of work experience since starting his career with PricewaterhouseCoopers in mid 1990 before leaving in 2003 to join the commercial world. He was formerly the Group Chief Financial Officer for Kencana Petroleum Bhd in 2007 till 2012 and the Group Chief Risk Officer for Sapurakencana in 2012 till 2015. Prior to joining the Company, he was the Group Chief Financial officer for a 100% foreign owned company called MFE Formwork Technology Sdn Bhd.

Date of change	16 Mar 2020
Name	MISS LIM YONG HUEY
Age	56
Gender	Female
Nationality	Malaysia
Type of change	Resignation
Designation	Chief Financial Officer
Reason	Due to personal commitment
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 Professional Qualification Accounting Association of Chartered Certified Accountants, United Kingdom Fellow Member 2 Diploma Financial and Accounting Tunku Abdul Rahman College Graduate Diploma
Working experience and occupation	Ms Lim Yong Huey started her career as an auditor having served various capacities in audit firms the last with Price Waterhouse before she left the audit profession to join the commercial working as a finance manager in a public listed company.In August 2000, she joined the Company as Executive Manager - Group Finance and progressed within the Company to the position of Senior Vice President - Group Finance in January 2011. As the Senior Vice President - Group Finance, she oversees the overall finance functions, which include financial reporting, finance operations, budgeting, treasury, taxation, payroll and office administration.

icy97

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	54,332	44,243	54,332	44,243
2	Profit/(loss) before tax	-28,564	7,782	-28,564	7,782
3	Profit/(loss) for the period	-30,508	6,597	-30,508	6,597
4	Profit/(loss) attributable to ordinary equity holders of the parent	-30,497	6,566	-30,497	6,566
5	Basic earnings/(loss) per share (Subunit)	-11.16	2.40	-11.16	2.40
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 ($$)	1.7000		1.7900

icy97

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	50,161	47,913	104,493	92,156
2	Profit/(loss) before tax	29,160	-6,534	596	1,248
3	Profit/(loss) for the period	23,316	-8,222	-7,192	-1,625
4	Profit/(loss) attributable to ordinary equity holders of the parent	23,171	-8,226	-7,326	-1,660
5	Basic earnings/(loss) per share (Subunit)	8.48	-3.01	-2.69	-0.61
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 ($$)	1.7900		1.7900

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	MAA GROUP BERHAD ("MAAG" OR "THE COMPANY") PROPOSED SUBSCRIPTION OF 35.20% INTEREST IN MICROLEAP PLT FOR A TOTAL CONSIDERATION OF RM1,250,000 ("PROPOSED SUBSCRIPTION")
The Board of Directors of MAAG wishes to announce that on 27 October 2020, MAA Corporation Sdn Bhd, which is a wholly owned subsidiary of MAA Group Berhad, had entered into a Partnership Interest Subscription Agreement (“PISA”) with MicroLEAP PLT (“MicroLEAP”) and all the Existing Partners (as hereafter defined in the attachment) for the subscription of 35.20% interest in MicroLEAP for a total consideration of RM1,250,000 (Ringgit Malaysia: One Million Two Hundred Fifty Thousand Only) subject to further terms and conditions stipulated in the PISA. Further details of the Proposed Subscription are set out in the attachment. The announcement is dated 28 October 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3100539

Attachments Proposed Subscription in MicroLEAP Plt (28 October 2020).pdf

icy97

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	59,775	48,105	164,268	140,261
2	Profit/(loss) before tax	26,180	-3,294	26,776	-2,046
3	Profit/(loss) for the period	22,878	-3,304	15,686	-4,929
4	Profit/(loss) attributable to ordinary equity holders of the parent	22,760	-3,299	15,434	-4,959
5	Basic earnings/(loss) per share (Subunit)	8.35	-1.21	5.70	-1.81
6	Proposed/Declared dividend per share (Subunit)	0.00	6.00	0.00	6.00
		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 ($$)	1.8500		1.7900

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	MAA GROUP BERHAD ("MAAG")PROPOSED SUBSCRIPTION OF UP TO 39,506,033 NEW SHARES IN ALTECH CHEMICAL LTD ("ALTECH") VIA ALTECH'S PROPOSED RIGHTS ISSUE FOR A TOTAL CASH CONSIDERATION OF UP TO AU$1.58 MILLION ("PROPOSED SUBSCRIPTION")
1. Introduction The board of directors of MAAG (“Board”) wishes to announce that on 6 November 2020, MAAG (i) signed a written undertaking to subscribe in full of MAAG’s entitlement of 20,595,863 new Altech shares under Altech’s proposed non-renounceable rights issue of 363,334,788 new Altech shares (“Rights Shares”) on the basis of two (2) Rights Shares for every five (5) Altech shares held at an issue price of AU$0.04 per share together with one (1) free share option (at an exercise price of AU$0.08 per share and an expiry date of 31 May 2022) for every two (2) Rights Shares issued for a total cash subscription amount of AU$823,834.52; and (ii) entered into an underwriting agreement with Altech to underwrite up to 18,910,170 Rights Shares of which there is no valid shareholders’ undertaking to subscribe (“Underwriting Agreement”).  In the event any of the pro-rate entitlement is not taken up by the existing shareholders of Altech in full (“Shortfall Shares”), MAAG will subscribe up to 18,910,170 Shortfall Shares in accordance with the Underwriting Agreement for a total cash subscription amount of up to AU$756,406.78. Together with Proposed Subscription by MAAG, MAAG will hold a total of up to 90,995,691 Altech shares, representing approximately 7.16% of the enlarged issued and paid-up share capital of Altech. The aggregate cash subscription amount of up to AU$1,580,241.30 will be funded by internally generated funds. The issue price of AU$0.04 represents a discount of 15.38% on the 5-day weighted average market price of Altech shares up to 5 November 2020. The new Altech shares will be ranked equally with the existing Altech Shares issued. 2. Background Information on Altech Altech is an ASX-listed mineral and chemical processing company concentrating on the development of a high purity alumina (“HPA”) production operation. The company owns significant aluminous clay resources in Western Australia, which it has demonstrated is suitable feedstock for the proposed process. Based on Altech’s audited financial statements for the financial year ended 30 June 2020, the company recorded a net loss of AU$3.52 million while its shareholders’ equity stood at AU$68.56 million. 3. Rationale The Proposed Subscription provides MAAG with an opportunity to participate in the future growth of Altech as well as to enjoy the potential capital appreciation in the value of its investment in Altech upon operation of the HPA plant. 4. Prospects of the Proposed Subscription and Risk Factor Prospect of high purity alumina (“HPA”) market The global high purity alumina market was valued at $1.1 billion in 2018, and is projected to reach $5.1 billion by 2026, growing at a CAGR of 21.7% from 2019 to 2026. High-purity alumina (HPA) is a premium product that falls under non-metallurgical alumina products, characterized by a minimum purity level of 99.99%. HPA is utilized as a base material to manufacture sapphire substrates in applications such as light-emitting diodes (LEDs) and artificial sapphire glass. It possesses properties such as corrosion resistance, high brightness, and can withstand high temperatures. In addition, upsurge in production of electric vehicles in North America, Europe, and Asia-Pacific has boosted the demand for HPA, as it is used in manufacturing of batteries in electric vehicles. (Source: https://www.reportlinker.com/p05828833/?utm_source=PRN) Risk factor The Proposed Subscription is subject to certain risks inherent in the HPA market.  These may include, inter-alia, changes in demand and oversupply of HPA, global economy downturn, political risk etc.  In addition, there are specific risks which relate directly to Altech such as potential for significant dilution of shareholding, access to capital risk, potential additional requirements for capital, development stage risk, environmental risks, operational and processing risks etc.  There is no certainty that the mining, construction and operation of the HPA operations and facilities will be able to proceed as envisaged. 5. Financial Effects The Proposed Subscription will not have a material effect on the earnings or net assets of the MAAG group for the financial year ending 31 December 2020. 6. Expected Completion The Proposed Subscription is expected to be completed by December 2020 or such other date as agreed by the parties in writing. 7. Approvals Required The Proposed Subscription is not subject to the approval of the shareholders of MAAG or any regulatory authorities. Pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Securities, the highest percentage ratio of the transaction and the earlier subscription of AU$2.0 million new Altech shares in November 2019  is less than 5% based on the audited financial statements of MAAG for the financial year ended 31 December 2019. 8. Interest of Directors and Substantial Directors Tunku Dato’ Yaacob Khyra (“TY”) is a director and a shareholder of Altech via his interests in Melewar Equities (BVI) Ltd, and accordingly, is deemed interested in the Proposed Subscription.  TY had abstained and will continue to abstain from deliberations and voting at the relevant board meetings of MAAG in relation to the Proposed Subscription. Save as disclosed above, none of the Directors and substantial shareholders of MAAG and persons connected to them have any interest, direct or indirect, in the Proposed Subscription. 9. Statement by the Board and the Audit Committee The Audit Committee of the Company has considered all aspect of the transaction, is of the view that the transaction is fair, reasonable, on normal commercial terms and not detrimental to the interest of the Company’s minority shareholders, and that the transaction is in the best interest of the Company. The Board concurred with the Audit Committee’s opinion and agreed that the transaction is in the best interest of the Company. 10. Documents for Inspection A copy of the underwriting agreement and written undertaking is available for inspection at the registered office of MAAG during office hours from Monday to Friday (except for public holidays) at Suite 11.05, 11th Floor, No. 566, Jalan Ipoh, 51200 Kuala Lumpur for a period of three (3) months from the date of this announcement. This announcement is dated 6 November 2020.

plouffle0789

仙家大炮王 发表于 7-4-2011 09:20 PM
还没买就认为它会大涨，

买进后就后悔股价不上，

卖出后股价涨就不甘心，

又再买回头结果还是输。

几时看都是经典


股市地雷要小心!!!!

PN17 = ｐａｉｄ　ｎｏｔｈｉｎｇ　！！！！

plouffle0789

icy97 发表于 2-10-2019 07:36 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6288405

MAA buys international school

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• [color=var(--color-primary)][size=0.75em]CORPORATE NEWS
• [size=1em]Saturday, 21 Sep 2019
  
  

[size=1em]KUALA LUMPUR: MAA Group Bhd is expanding its education business with a RM27mil purchase of an international school.

[size=1em]The company, in a filing with Bursa Malaysia today, said its wholly owned subsidiary Edumaax Sdn Bhd has entered into a deal with Scholastic Ventures Sdn Bhd and PAC Edu KL Sdn Bhd to acquire a 90% stake in Scholastic IB International Sdn Bhd (SIB).

[size=1em]“The proposed acquisition will enable MAA Group to have a stable stream of income and profits, and accelerate expansion and growth in the education business segment, ” it said

[size=1em]The remaining 10% of SIB is own by Johannians Leadership Foundation.

[size=1em]SIB owns the St John’s International Edu Group Sdn Bhd, which offers Cambridge lower secondary and upper secondary for students between the age of 12 and 17 years old.

[size=1em]请问最后失败了吗？？

icy97

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
		Three Months	Three Months	Nine Months	Nine Months
		01 Jul 2021 To	01 Jul 2020 To	01 Jan 2021 To	01 Jan 2020 To
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	57,046		171,181
2	Profit/(loss) before tax	7,991		17,529
3	Profit/(loss) for the period	4,351		3,190
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,838		9,011
5	Basic earnings/(loss) per share (Subunit)	2.21		3.42
6	Proposed/Declared dividend per share (Subunit)	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 ($$)	2.0300		2.0200