【KNM 7164 交流专区2】科恩马

icy97

Type	Announcement
Subject	OTHERS
Description	Award of Contract to KNM Process Systems Sdn Bhd amounting to USD12.743 million
1.  Introduction KNM Group Berhad (“KNM”) is pleased to announce that its wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”), had today accepted the earlier received purchase order dated 10 September 2019 bearing Purchase Order No. S30010 (“PO”), for the supply of big size CS/CLD columns and vessels up to 60MM as per requirements of the PO for the Clean Fuel Project at the existing major oil refinery in Sriracha, Chonburi, on the east coast of Thailand as operated by Thai Oil Public Company Limited, amounting to USD12.743 million (equivalent to approximately RM53.266 million based on the exchange rate of USD1.00 : RM4.18) from PSS Netherlands B.V. Sharjah Branch (“Transaction”). The supply and delivery duration of the Transaction is for a period not exceeding 12 months commencing from the date of the PO. 2.  Information About the Parties KNMPS was incorporated as a private limited company under the laws of Malaysia on 28 June 1990. KNMPS is principally involved in the design, engineering, procurement and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers and specialised shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for the oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide. PSS Netherlands B.V. Sharjah Branch is a consortium comprising of Saipem S.p.A., Samsung Engineering Co. Ltd. and Petrofac Limited. 3.  Financial Effect of the Transaction The Transaction is expected to contribute positively to KNM Group’s earnings for the financial year ending 31 December 2019 and 31 December 2020. 4.  Risk Factors The Transaction is subject to certain commercial and financial risks mainly in the power, oil, gas, petrochemical, and energy industries. These include changes in general economic conditions such as, but not limited to inflation, environmental, health and safety regulations, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions. KNM is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in these industries. Although KNM with its vast experience may undertake efforts to mitigate the various risk factors, there is no assurance that any change in the above risk factors will not have a material adverse effect on the business and operations of KNM and/or KNMPS. 5.  Approvals The Transaction is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or in any other country. 6.  Directors’ Statement Having considered all aspects of the Transaction, the Board of Directors is of the opinion that the Transaction is in the best interest of KNM. 7.  Directors' and Major Shareholders' Interest None of the directors and/or major shareholders of KNM, and/or any persons connected with them, have any direct or indirect interest in the Transaction. 8.  Documents for Inspection Details of the Transaction are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays. This announcement is dated 17 September 2019.

icy97

Type	Announcement
Subject	OTHERS
Description	Additional Award of Contract by PSS Netherlands B.V. Sharjah Branch to KNM
1.    Introduction KNM Group Berhad (“KNM”) is pleased to announce that its indirect wholly-owned subsidiary, FBM-KNM FZCO (“FZCO”), had today accepted the earlier received purchase order dated 19 September 2019 bearing Purchase Order No. S30012 (“PO”), for the supply of Shell and Tube Heat Exchangers-Lot-1 as per requirements of the PO for the Clean Fuel Project at the existing major oil refinery in Sriracha, Chonburi, on the east coast of Thailand as operated by Thai Oil Public Company Limited (“Clean Fuel Project – Thailand”), amounting to USD5.350 million (equivalent to approximately RM22.363 million based on the exchange rate of USD1.00 : RM4.18) from PSS Netherlands B.V. Sharjah Branch (“Transaction”). The supply and delivery duration of the Transaction is for a period not exceeding 10 months commencing from the date of the PO. This Transaction is additional and if combined with the earlier disclosed contract award received by KNM Process Systems Sdn. Bhd., another wholly-owned subsidiary company of KNM, as was announced on 17 September 2019 also from PSS Netherlands B.V. Sharjah Branch for the for the Clean Fuel Project – Thailand, brings the combined contract awards received by KNM to a current total amount of RM 75.629 million. 2.     Information About the Parties FZCO was incorporated as a private limited company in Jebel Ali Free Zone, Dubai, United Arab Emirates on 1 November 1990. FZCO is principally involved in the design and manufacture of air-cooled heat exchangers, specialty shell and tube heat exchangers and process gas waste heat boilers for the oil, gas, petrochemical and desalination industries. PSS Netherlands B.V. Sharjah Branch is a consortium comprising of Saipem S.p.A., Samsung Engineering Co. Ltd. and Petrofac Limited. 3.     Financial Effect of the Transaction The Transaction is expected to contribute positively to KNM Group’s earnings for the financial year ending 31 December 2019 and 31 December 2020. 4.     Risk Factors The Transaction is subject to certain commercial and financial risks mainly in the power, oil, gas, petrochemical, and energy industries. These include changes in general economic conditions such as, but not limited to inflation, environmental, health and safety regulations, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions. KNM is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in these industries. Although KNM with its vast experience may undertake efforts to mitigate the various risk factors, there is no assurance that any change in the above risk factors will not have a material adverse effect on the business and operations of KNM and/or FZCO. 5.     Approvals The Transaction is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or in any other country. 6.    Directors' Statement ​Having considered all aspects of the Transaction, the Board of Directors is of the opinion that the Transaction is in the best interest of KNM. 7.    Directors' and Major Shareholders' Interest None of the directors and/or major shareholders of KNM, and/or any persons connected with them, have any direct or indirect interest in the Transaction. 8.     Documents for Inspection Details of the Transaction are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays. This announcement is dated 20 September 2019.

icy97

Type	Announcement
Subject	OTHERS
Description	Award of Contract to KNM Process Systems Sdn Bhd amounting to RM55.624 million
1.     Introduction KNM Group Berhad (“KNM”) is pleased to announce that its wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”), had today entered into two (2) Contract Agreements both dated 23 September 2019 (“Contracts”) with SK Engineering & Construction Co., Ltd. (“Client”) for the design, engineering and supply of Column-I (SK) and Column-II (SK) respectively for the RDMP RU-V Balikpapan Project located at Balikpapan, East Kalimantan, Republic of Indonesia as operated by PT Pertamina (Persero) for a total combined amount of USD13.285 million (equivalent to approximately RM55.624 million based on the exchange rate of USD1.00 : RM4.187) (“Transaction”). The supply and delivery duration of the Transaction would be for a combined targeted total period no later than 24 March 2021. 2.     Information About the Parties KNMPS was incorporated as a private limited company under the laws of Malaysia on 28 June 1990. KNMPS is principally involved in the design, engineering, procurement and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers and specialised shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for the oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide inclusive of solar PV installation work and solar leasing. The Client established in South Korea is an engineering, procurement, construction and maintenance services company and part of the SK Group, a leading South Korean conglomerate. 3.     Financial Effect of the Transaction The Transaction is expected to contribute positively to KNM’s earnings for the financial year ending 31 December 2019, 31 December 2020 and also 31 December 2021. 4.     Risk Factors The Transaction is subject to certain commercial and financial risks mainly in the power, oil, gas, petrochemical, and energy industries. These include changes in general economic conditions such as, but not limited to inflation, environmental, health and safety regulations, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions. KNM is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in these industries. Although KNM with its vast experience may undertake efforts to mitigate the various risk factors, there is no assurance that any change in the above risk factors will not have a material adverse effect on the business and operations of KNM and/or KNMPS. 5.     Approvals The Transaction is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or in any other country. 6.     Directors' Statement Having considered all aspects of the Transaction, the Board of Directors is of the opinion that the Transaction is in the best interest of KNM. 7.     Directors' and Major Shareholders' Interest None of the directors and/or major shareholders of KNM, and/or any persons connected with them, have any direct or indirect interest in the Transaction. 8.     Documents for Inspection Details of the Transaction are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays. This announcement is dated 1st October 2019.

icy97

Type	Announcement
Subject	OTHERS
Description	Additional Award of Contracts to KNM Process Systems Sdn Bhd amounting to RM52.170 million for the RDMP RU-V Balikpapan Project
1.       Introduction KNM Group Berhad (“KNM”) is pleased to announce that its wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS”), had today entered into three (3) Contract Agreements which are all dated 23 September 2019 (“Contracts”) with RDMP Balikpapan Jo (“Client”) for the design, engineering and supply of Pressure Vessels (comprising of the Pressure Vessel 2, 4 and 6 respectively) for the RDMP RU-V Balikpapan Project located at Balikpapan, East Kalimantan, Republic of Indonesia as operated by PT Pertamina (Persero) (collectively referred to as the “RDMP RU-V Balikpapan Project”) for a total combined amount of USD12.445 million (equivalent to approximately RM52.170 million based on the exchange rate of USD1.00 : RM4.192) (“Transaction”). The supply and delivery duration of the Transaction would be for a combined targeted total period no later than end of May 2021. This Transaction is additional and if combined with the earlier disclosed two (2) contracts award also received by KNMPS as was announced on 1 October 2019 for the RDMP RU-V Balikpapan Project, would make the combined contract awards received by KNM to a current total amount of RM107.794 million. 2.       Information About the Parties KNMPS was incorporated as a private limited company under the laws of Malaysia on 28 June 1990. KNMPS is principally involved in the design, engineering, procurement and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers and specialised shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for the oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide inclusive of solar PV installation work and solar leasing. The Client is a joint organization established in the Republic of Indonesia by PT Rekayasa Industri and Hyundai Engineering Co. whom has been awarded the Main Contract for the engineering, procurement and construction for the RDMP RU-V Balikpapan Project by PT Pertamina (Persero). 3.       Financial Effect of the Transaction The Transaction is expected to contribute positively to KNM’s earnings for the financial years ending 31 December 2019, 31 December 2020 and also 31 December 2021. 4.       Risk Factors The Transaction is subject to certain commercial and financial risks mainly in the power, oil, gas, petrochemical, and energy industries. These include changes in general economic conditions such as, but not limited to inflation, environmental, health and safety regulations, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions. KNM is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in these industries. Although KNM with its vast experience may undertake efforts to mitigate the various risk factors, there is no assurance that any change in the above risk factors will not have a material adverse effect on the business and operations of KNM and/or KNMPS. 5.       Approvals The Transaction is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or in any other country. 6.       Directors' Statement Having considered all aspects of the Transaction, the Board of Directors is of the opinion that the Transaction is in the best interest of KNM. 7.       Directors' and Major Shareholders' Interest None of the directors and/or major shareholders of KNM, and/or any persons connected with them, have any direct or indirect interest in the Transaction. 8.       Documents for Inspection Details of the Transaction are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays. This announcement is dated 2nd October 2019.

icy97

Type	Announcement
Subject	OTHERS
Description	Award of Purchase Order by Petrofac Emirates LLC amounting to RM51.480 million
1.       Introduction KNM Group Berhad (“KNM”) is pleased to announce that its indirect wholly-owned subsidiary, FBM-KNM FZCO (“FZCO”), had today accepted the purchase order dated 13 October 2019 bearing Purchase Order No. PE-JI2045-0-PFM002 (“PO”), for the supply of pressure vessels and columns as per requirements of the PO for the Ain Tsila Development Project located at the south-east of Algiers,  People's Democratic Republic of Algeria amounting to USD12.310 million (equivalent to approximately RM51.480 million based on the exchange rate of USD1.00 : RM4.182) from Petrofac Emirates LLC (“Transaction”). The total supply and delivery duration of the Transaction is for a period not exceeding 8 November 2020. 2.       Information About the Parties FZCO was incorporated as a private limited company in Jebel Ali Free Zone, Dubai, United Arab Emirates on 1 November 1990. FZCO is principally involved in the design and manufacture of air-cooled heat exchangers, specialty shell and tube heat exchangers and process gas waste heat boilers for the oil, gas, petrochemical and desalination industries. Petrofac Emirates LLC is a wholly-owned subsidiary of Petrofac Limited, a public limited company which group is involved in the oilfield services to the international oil and gas industry and currently listed under the London Stock Exchange. 3.       Financial Effect of the Transaction The Transaction is expected to contribute positively to KNM Group’s earnings for the financial year ending 31 December 2019 and 31 December 2020. 4.       Risk Factors The Transaction is subject to certain commercial and financial risks mainly in the power, oil, gas, petrochemical, and energy industries. These include changes in general economic conditions such as, but not limited to inflation, environmental, health and safety regulations, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions. KNM is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in these industries. Although KNM with its vast experience may undertake efforts to mitigate the various risk factors, there is no assurance that any change in the above risk factors will not have a material adverse effect on the business and operations of KNM and/or FZCO. 5.       Approvals The Transaction is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or in any other country. 6.      Directors' Statement Having considered all aspects of the Transaction, the Board of Directors is of the opinion that the Transaction is in the best interest of KNM. 7.       Directors' and Major Shareholders' Interest None of the directors and/or major shareholders of KNM, and/or any persons connected with them, have any direct or indirect interest in the Transaction. 8.       Documents for Inspection Details of the Transaction are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays. This announcement is dated 18 October 2019.

icy97

Type	Announcement
Subject	OTHERS
Description	Additional Award of Contract by PSS Netherlands B.V. Sharjah Branch to KNM
1.     Introduction KNM Group Berhad (“KNM”) is pleased to announce that its indirect wholly-owned subsidiary, FBM-KNM FZCO (“FZCO”), had today accepted the earlier received purchase order dated 31 October 2019 bearing Purchase Order No. S30028 (“PO”), for the supply of Shell and Tube Heat Exchanger-Lot-2 as per requirements of the PO for the Clean Fuels Project at the existing major oil refinery in Sriracha, Chonburi, on the east coast of Thailand as operated by Thai Oil Public Company Limited (“Clean Fuel Project – Thailand”), amounting to USD5.184 million (equivalent to approximately RM21.521 million based on the exchange rate of USD1.00 : RM4.1515) from PSS Netherlands B.V. Sharjah Branch (“Transaction”). The supply and delivery duration of the Transaction is for a period not exceeding 10 October 2020. This Transaction is additional and if combined with the earlier disclosed contract awards received by FZCO and KNM Process Systems Sdn. Bhd., another wholly-owned subsidiary company of KNM, as were announced on 20 September 2019 and 17 September 2019 respectively also from PSS Netherlands B.V. Sharjah Branch for the Clean Fuels Project – Thailand, brings the combined contract awards received by KNM to a current total amount of RM 97.15 million. 2.     Information About the Parties FZCO was incorporated as a private limited company in Jebel Ali Free Zone, Dubai, United Arab Emirates on 1 November 1990. FZCO is principally involved in the design and manufacture of air-cooled heat exchangers, specialty shell and tube heat exchangers and process gas waste heat boilers for the oil, gas, petrochemical and desalination industries. PSS Netherlands B.V. Sharjah Branch is a consortium comprising of Saipem S.p.A., Samsung Engineering Co. Ltd. and Petrofac Limited. 3.     Financial Effect of the Transaction The Transaction is expected to contribute positively to KNM Group’s earnings for the financial year ending 31 December 2019 and 31 December 2020. 4.     Risk Factors The Transaction is subject to certain commercial and financial risks mainly in the power, oil, gas, petrochemical, and energy industries. These include changes in general economic conditions such as, but not limited to inflation, environmental, health and safety regulations, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions. KNM is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in these industries. Although KNM with its vast experience may undertake efforts to mitigate the various risk factors, there is no assurance that any change in the above risk factors will not have a material adverse effect on the business and operations of KNM and/or FZCO. 5.     Approvals The Transaction is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or in any other country. 6.     Directors' Statement Having considered all aspects of the Transaction, the Board of Directors is of the opinion that the Transaction is in the best interest of KNM. 7.     Directors' and Major Shareholders' Interest None of the directors and/or major shareholders of KNM, and/or any persons connected with them, have any direct or indirect interest in the Transaction. 8.     Documents for Inspection Details of the Transaction are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays. This announcement is dated 13 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	447,882	350,738	1,186,290	1,065,250
2	Profit/(loss) before tax	15,592	-11,568	48,208	-58,184
3	Profit/(loss) for the period	7,238	-18,771	28,355	-72,252
4	Profit/(loss) attributable to ordinary equity holders of the parent	10,558	-17,055	36,500	-69,122
5	Basic earnings/(loss) per share (Subunit)	0.42	-0.73	1.46	-2.95
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 ($$)	0.6200		0.6600

CUTERABBITGROUP

期待沙俄週四討論減產 國際油價反彈逾7％
2020-04-08 16:17:24
  
國際油價在週三上漲，西德州原油期貨一度上漲7%。（資料照，路透）

〔財經頻道／綜合報導〕投資人期待沙烏地阿拉伯、俄羅斯等主要原油供應國即將在本週四開會討論減產，在歷經連續2個交易日下跌後，國際油價在週三上漲，西德州原油期貨一度上漲逾7%。

路透報導，原油價格已經因武漢肺炎疫情而大受打擊，投資人期待石油輸出國組織與產油國聯盟（OPEC+）在本週的會議上，能達成減產協議，以挽救油價頹勢。國際油價在週三亞洲時段上漲，西德州原油期貨一度上漲7.02%，布蘭特原油則漲3.42%。

不過，路透也指出，目前市場仍懷疑，美國是否會加入減產行列；先前也有消息傳出，達成協議的前提是美國要加入減產，而對此川普則表示，OPEC沒有提出這項要求，且油價下跌已經讓美國產油量減少。

三星首席大宗商品期貨分析師Kim Kwang-rae指出，市場聚焦在本週OPEC+會議，而美國是否會加入減產也受到密切關注，他表示，油價仍持續在震盪，市場目前處於觀望模式。

資訊網站:
https://www.google.com/amp/s/ec.ltn.com.tw/amp/article/breakingnews/3127060

CUTERABBITGROUP

OPEC+將召開會議 刺激油氣股上升
Wong Ee Lin
/
theedgemarkets.com

April 09, 2020 13:06 pm +08

（吉隆坡9日訊）油氣股今早價量齊升，因市場預期全球最大的產油國將在今日稍晚舉行的會議上同意減產。

截至早上10時37分，Hibiscus Petroleum Bhd揚3仙或5.94%，至53.5仙，約5121萬股轉手，成為馬股第三大熱門股。

沙布拉能源（Sapura Energy Bhd）起0.5仙或4.76%，至11仙，約3279萬股易手。

其他能源相關股如Bumi Armada Bhd（5.71%）、Velesto Energy Bhd（3.03%）、科恩馬（KNM Group Bhd，6.25%）及世界海事（Alam Maritim Resources Bhd，6.67%）也上漲，成交量超過2000萬股。

大馬交易所的全部指數均上漲，最大贏家是能源指數，揚26.08點或3.62%，至745.79點。

截稿時，布蘭特原油期貨漲2.68%，至每桶33.72美元。上個月，油價一度跌至每桶22.74美元，比今年初的每桶66美元，暴跌了大約66%，因上個月初石油輸出國組織（OPEC）和俄羅斯在內的其他領先產油國無法達成協議。

路透社報導，OPEC與其包括俄羅斯在內的盟友組成的OPEC+將於週四召開視頻會議，預計此次會議將比3月的會議成功。當時，沙地阿拉伯和俄羅斯之間因未就延長減產協議達成一致而開打價格戰。

在有媒體報導顯示俄羅斯準備每日減產160萬桶之後，市場預期OPEC+可能達成一份每日減產1000萬桶至1500萬桶的協議。

“如此大幅度的減產將遠遠超過OPEC此前達成的任何減產協議。”

（編譯：魏素雯）

English version:O&G counters rally ahead of Opec+meeting later today

資訊來源:
https://www.theedgemarkets.com/article/opec%E5%B0%86%E5%8F%AC%E5%BC%80%E4%BC%9A%E8%AE%AE-%E5%88%BA %E6%BF%80%E6%B2%B9%E6%B0%94%E8%82%A1%E4%B8%8A%E5%8D%87

CUTERABBITGROUP

O&G counters rally ahead of Opec+ meeting later today
Wong Ee Lin
/
theedgemarkets.com

April 09, 2020 11:09 am +08

KUALA LUMPUR (April 9): Shares of oil and gas (O&G) counters have risen in active trade today on the back of expectations that the world's largest oil producers would agree to cut production at a meeting later in the day.

At 10.37am, Hibiscus Petroleum Bhd was up three sen or 5.94% at 53.5 sen, with some 51.21 million shares traded, making it the third most active counter on Bursa Malaysia now.

Sapura Energy Bhd shares were half a sen or 4.76% higher at 11 sen. Some 32.79 million shares were traded.

Other energy-related counters that rallied and saw more than 20 million shares traded now were Bumi Armada Bhd (5.71%), Velesto Energy Bhd (3.03%), KNM Group Bhd (6.25%) and Alam Maritim Resources Bhd (6.67%).

All indices on Bursa Malaysia were in the positive territory, but the clear winner was Bursa Malaysia Energy Index, which was up 26.08 points or 3.62% at 745.79 points.

As of writing, Brent crude futures rose some 2.68% to US$33.72 per barrel. Oil prices fell to as low as US$22.74 per barrel last month, some 66% plunge from US$66 per barrel at the beginning of this year, after the failure of talks in early last month between the Organization of the Petroleum Exporting Countries (OPEC) and other leading oil producers including Russia.

Reuters reported that OPEC and allies including Russia — a group known as OPEC+ — are set to convene a video conference meeting on Thursday, adding that the meeting is expected to be more successful than their gathering in March, where they failed to agree to extend supply cuts and triggered a price war between Saudi Arabia and Russia.

Hopes of an agreement to cut between 10 million and 15 million barrels per day (bpd) rose after media reports suggested Russia was ready to reduce its output by 1.6 million bpd and Algeria's energy minister said he expected a "fruitful" meeting, the newswire added.

“Such a sizable reduction would be far bigger than any production cut OPEC has ever agreed on,” said Reuters.

Read also: Crude futures climb ahead of OPEC+ meeting

Website:
https://www.theedgemarkets.com/article/og-counters-rally-ahead-opec-meeting-later-today

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	457,847	367,083	1,644,137	1,432,333
2	Profit/(loss) before tax	29,491	-354,167	77,699	-412,352
3	Profit/(loss) for the period	9,101	-712,423	37,456	-784,676
4	Profit/(loss) attributable to ordinary equity holders of the parent	11,290	-705,693	47,790	-774,816
5	Basic earnings/(loss) per share (Subunit)	0.43	-30.08	1.82	-33.03
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 ($$)	0.6700		0.6600

CUTERABBITGROUP

信號更新今天系統建議買入。形態最終得到確認，因為價格移動至高於處於0.1275的確認點，目前我們的有效平均買入價格為0.1310。先前的賣出建議於17/04/2020發出，13 天）前，股價為0.1580時。此後，7164已下跌了-17.09%。市場前景讓我們騎上白馬，開始牛勢之旅。先前確認的牛勢形態最終確認， 買入信號產生。最可能的是，這是參與多頭熱情的好時機。市場提示你有新的收益。不要錯過這個看漲機會。
https://www.malaysianbulls.com/m/SignalPage.aspx?lang=zh&Ticker=7164

CUTERABBITGROUP

高盛：油價基本面改善 未來將分3階段上漲
2020-05-02 14:37:02
  

高盛指出，隨著疫情管控措施放寬，石油供應減少、需求趨穩，油價基本面已見改善跡象。（路透）

〔財經頻道／綜合報導〕高盛（Goldman Sachs）分析師週五發佈報告，重新上調對國際油價的預測，由於疫情管控措施放寬，石油供應減少、需求趨穩，高盛認為油價基本面已見改善跡象，未來將分3階段上漲。

綜合外媒報導，高盛將今年第2季對布蘭特原油價的預測，自每桶20美元上調至每桶25美元，同時將全年預測自每桶35.2美元上調至每桶35.8美元。


儘管如此，高盛預測的全年油價仍低去年，布蘭特原油在2019年的平均價格為每桶64.16美元。

高盛分析師團隊指出，石油供應已開始迅速下降，需求甚至在封鎖措施放寬之前就有所改善，儘管供需要達到平衡還須幾週時間，油市目前看來似乎已通過儲油能力的考驗。

高盛分析師Damien Courvalin指出，隨著市場開始進行再平衡，預計油價將分3階段上漲，從紓緩期至週期性緊縮，最後再到結構性定價。

整體而言，高盛仍看漲油價，認為到2021年布蘭特原油能觸及每桶65美元，但投資者必須耐心等待。

自由時報"自由財經":
https://ec.ltn.com.tw/amp/article/breakingnews/3152781

星洲網"財經":
https://www.sinchew.com.my/pad/con/content_2264228.html

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KNM GROUP BERHAD

Particulars of substantial Securities Holder

Name	INTER MERGER SDN BHD
Address	15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah Seri Kembangan 43300 Selangor Malaysia.
Company No.	162106-U
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	11 Mar 2020	5,000,000	Disposed	Direct Interest
	Name of registered holder	MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd for Inter Merger Sdn Bhd
	Address of registered holder	11th & 12th Floor Menara MIDF 82 Jalan Raja Chulan 50200 Kuala Lumpur
	Description of "Others" Type of Transaction
2	12 Mar 2020	15,000,000	Disposed	Direct Interest
	Name of registered holder	MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd for Inter Merger Sdn Bhd
	Address of registered holder	11th & 12th Floor Menara MIDF 82 Jalan Raja Chulan 50200 Kuala Lumpur
	Description of "Others" Type of Transaction
3	13 Mar 2020	45,000,000	Disposed	Direct Interest
	Name of registered holder	MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd for Inter Merger Sdn Bhd
	Address of registered holder	11th & 12th Floor Menara MIDF 82 Jalan Raja Chulan 50200 Kuala Lumpur
	Description of "Others" Type of Transaction
4	16 Mar 2020	20,000,000	Disposed	Direct Interest
	Name of registered holder	MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd for Inter Merger Sdn Bhd
	Address of registered holder	11th & 12th Floor Menara MIDF 82 Jalan Raja Chulan 50200 Kuala Lumpur
	Description of "Others" Type of Transaction
5	16 Mar 2020	5,000,000	Disposed	Direct Interest
	Name of registered holder	Affin Hwang Nominees (Tempatan) Sdn Bhd for Inter Merger Sdn Bhd
	Address of registered holder	No. 1, Lintang Pekan Baru Off Jalan Meru 41050 Klang, Selangor
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposals of shares by Inter Merger Sdn Bhd via Direct Business Transaction
Nature of interest	Direct Interest
Direct (units)	168,224,651
Direct (%)	6.433
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	168,224,651
Date of notice	16 Mar 2020
Date notice received by Listed Issuer	16 Mar 2020

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Expiry/Maturity of the securities

KNM GROUP BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Type Of Expiry	Expiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion price	Cash
Exercise/ Strike/ Conversion Price	Malaysian Ringgit (MYR) 1.0000
Exercise/ Conversion Ratio	1:1
Settlement Type / Convertible into	Physical (Shares)
Last Date & Time of Trading	03 Apr 2020 05:00 PM
Date & Time of Suspension	06 Apr 2020 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c	14 Apr 2020 04:30 PM
Date & Time of Expiry	21 Apr 2020 05:00 PM
Date & Time for Delisting	22 Apr 2020 09:00 AM

Remarks :

Due to the Movement Control Order issued by the Malaysian Government on 16 March 2020, the Notice to Warrant Holders in respect of the expiration of the Warrants B will not be able to be despatched on 20 March 2020. Accordingly the Warrant Holders are advised to download it from the websites of KNM Group Berhad (www.knm-group.com) or Bursa Malaysia Securities Berhad (www.bursamalaysia.com).This announcement is dated 19 March 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3036922

Attachments KNM - Notice to Warrant Holders (Bursa).pdf

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Type	Announcement
Subject	OTHERS
Description	Award of Contract by China Petroleum Materials Company Limited to KNM Group Berhad's Indirect Wholly-Owned Subsidiary, FBM Hudson Italiana SpA Amounting to Approximately RM73,092,390
1.   Introduction KNM Group Berhad (“KNM”) is pleased to announce that its indirect wholly-owned subsidiary, FBM Hudson Italiana SpA (“FBM”), had on 15 June 2020 received a Notification of Awarding the Contract dated 12 June 2020 from China Petroleum Materials Company Limited for the supply of Heat Exchanger, for CNPC Jieyang–Refining Chemical Integration PJ project, amounting to EURO15,133,000 (equivalent to approximately RM73,092,390 based on the exchange rate of EURO1.00 : RM4.83) (“Transaction”). The supply and delivery duration of the Transaction is for a period of 16 months. 2.   Information About the Parties FBM was incorporated as a private limited company under the laws of Italy on 27 October 1992. FBM is principally involved in the design, engineering, procurement and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers and specialised shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for the oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide. China Petroleum Materials Company Limited was incorporated in China and it principally involves in oil and gas industries.    3.   Financial Effect of the Transaction The Transaction is expected to contribute positively to KNM Group’s earnings for the financial year ending 31 December 2020 and 31 December 2021. 4.   Risk Factors The Transaction is subject to certain commercial and financial risks mainly in the power, oil, gas, petrochemical, and energy industries. These include changes in general economic conditions such as, but not limited to inflation, environmental, health and safety regulations, taxation, foreign exchanges, interest rates, labour and material supply, changes in business and operating conditions such as, but not limited to government and statutory regulations and deterioration in prevailing market conditions. KNM is already operating in these industries and hence would continue to be exposed to risk factors that they currently face whilst operating in these industries. Although KNM with its vast experience may undertake efforts to mitigate the various risk factors, there is no assurance that any change in the above risk factors will not have a material adverse effect on the business and operations of KNM. 5.   Approvals The Transaction is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or in any other country. 6.   Directors' Statement Having considered all aspects of the Transaction, the Board of Directors is of the opinion that the Transaction is in the best interest of KNM. 7.    Directors' and Major Shareholders' Interest None of the directors and/or major shareholders of KNM, and/or any persons connected with them, have any direct or indirect interest in the Transaction. 8.   Documents for Inspection Details of the Transaction are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays. This announcement is dated 16 June 2020.

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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	336,560	363,379	336,560	363,379
2	Profit/(loss) before tax	18,887	20,419	18,887	20,419
3	Profit/(loss) for the period	17,455	14,601	17,455	14,601
4	Profit/(loss) attributable to ordinary equity holders of the parent	20,260	18,438	20,260	18,438
5	Basic earnings/(loss) per share (Subunit)	0.77	0.79	0.77	0.79
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 ($$)	0.6500		0.6400

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KNM GROUP BERHAD

Date of change	18 Jun 2020
Name	DATO AB. HALIM BIN MOHYIDDIN
Age	74
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Independent Director
New Position	Non-Independent Director
Directorate	Non Independent and Non Executive

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

Remarks :

Dato' Ab. Halim Bin Mohyiddin is re-designated as Non-Independent Non-Executive Chairman in accordance with the Malaysian Code on Corporate Governance 2017.

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Notice of Person Ceasing (Section 139 of CA 2016)

KNM GROUP BERHAD

Particulars of Substantial Securities Holder

Name	INTER MERGER SDN BHD
Address	15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah Seri Kembangan 43300 Selangor Malaysia.
Company No.	162106-U
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary shares
Date of cessation	02 Jul 2020
Name & address of registered holder	MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd for Inter Merger Sdn Bhd 11th & 12th FloorMenara MIDF82 Jalan Raja Chulan50200 Kuala Lumpur

No of securities disposed	50,000,000
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal of shares via Direct Business Transaction
Nature of interest	Direct Interest
Date of notice	03 Jul 2020
Date notice received by Listed Issuer	03 Jul 2020

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KNM GROUP BERHAD

Type	Announcement
Subject	OTHERS
Description	Heads of Joint Venture Agreement
INTRODUCTION The Company wishes to announce that its wholly-owned subsidiary, KNM Process Systems Sdn Bhd (“KNMPS” or hereinafter referred to as “Second Party”) had on 6 July 2020 entered into a Heads of Joint Venture Agreement (“the Agreement”) with ADAP Capital Sdn Bhd (“ADAPC” or hereinafter referred to as “First Party”) in relation to a collaboration between the parties, to set up a Joint Venture Company (hereinafter referred to as “JVCO”) in respect of oil, gas and petrochemical projects in Sarawak pertaining to: a)     EPC Contracts for Oil, Gas & Petrochemical plants; b)     Manufacture and Supply of Process Equipment, Tanks, Piping and Structures for Oil, Gas & Petrochemical Plants; and c)     Build, Own and Operate Strategic Projects (subject to feasibility and a separate project agreement). INFORMATION ABOUT THE PARTIES KNMPS KNMPS was incorporated as a private limited company under the laws of Malaysia on 28 June 1990 and it is principally involved in the design, engineering, procurement and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers and specialised shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for the oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide inclusive of solar PV installation work and solar leasing. ADAPC ADAPC is a Bumiputra-controlled company which was incorporated in Sarawak under the laws of Malaysia on 14 November 2019 and is principally involved in assets/portfolio management activities, as well as investment and private equity matters. SALIENT TERMS The salient terms of the Agreement are as follows: i)     Duties of the First Party         a)     The First Party shall subscribe 51% equity in the JVCO;         b)     The First Party shall be responsible for the business development with Clients and State Government of Sarawak to secure the Projects for the JVCO;          c)     The First Party shall be responsible for the Project Financing in proportion to its shareholding; and          d)    The First Party shall undertake the execution of the Project jointly with the Second Party and take the role of Project Execution Co-Lead. ii)     Duties of the Second Party         a)     The Second Party shall subscribe the 49% equity in the JVCO;         b)     The Second Party shall be responsible for the technical proposal for the Projects;         c)     The Second Party shall jointly execute the Projects with the First Party and take the role of Project Execution Leader; and         d)     The Second Party shall be responsible for the Project financing proportioned to its shareholding. VALIDITY OF THE AGREEMENT This Agreement is valid for a period of 12 (twelve) months from the date of execution and may be extended for another period subject to written approval by both Parties herein. APPROVALS The Agreement is not subject to the approval of the shareholders of KNM or any regulatory authority in Malaysia or in any other country. DIRECTORS’ STATEMENT Having considered all aspects of the Agreement, the Board of Directors is of the opinion that the Agreement is in the best interest of KNM. DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST None of the directors and/or major shareholders of KNM, and/or any persons connected with them, have any direct or indirect interest in the Agreement. DOCUMENTS FOR INSPECTION Details of the Agreement are available for inspection at the registered office of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah, 43300 Seri Kembangan, Selangor Darul Ehsan, Malaysia for three (3) months from date of this Announcement during normal business hours from Mondays to Fridays. This announcement is dated 7 July 2020.