【ANNJOO 6556 交流专区】安裕资源

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2015	31 Mar 2014	31 Mar 2015	31 Mar 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	520,645	686,067	520,645	686,067
2	Profit/(loss) before tax	7,490	13,666	7,490	13,666
3	Profit/(loss) for the period	5,326	12,518	5,326	12,518
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,326	12,518	5,326	12,518
5	Basic earnings/(loss) per share (Subunit)	1.06	2.50	1.06	2.50
6	Proposed/Declared dividend per share (Subunit)	0.00	2.00	0.00	2.00
		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 ($$)	2.1400		2.1200

icy97

中国钢铁拉低售价 安裕资源拓展区域遇阻

财经新闻 财经  2015-05-30 11:50
（吉隆坡29日讯）中国进口钢铁大量涌入，拖累安裕资源（ANNJOO，6556，主板工业产品股）产品售价下滑，也成为公司拓展区域计划的绊脚石。

董事经理拿督林鸿泰指出，在如今的情况，该公司难以取得充裕的资金，扩展业务版图和进军下游业务。

“我们原本想在明年开始制造高级钢铁产品，并扩大东盟的业务版图，但现在很难拨出额外的资金，来进行这些计划。”

他补充道，进军下游业务，必须进行长期的研发，并投入大笔的资金来购买设备。

但中国的钢铁大量涌入市场，打击了该公司的产品售价，导致扩展计划蒙上阴霾。

进口中国钢铁剧增

林鸿泰表示，我国首季进口的中国钢铁，按年激增226%，而且没有放缓的迹象。

“如今的情况相当严重，已经影响到我国钢铁领域的发展，我们吁请政府能够正视这个问题。”

为了应付艰巨的挑战，公司将持续提高生产力，但业绩表现，很大程度仍取决于钢铁售价。

“虽然我预计成本会继续下降，但一切仍视乎售价而定，同时，我们近期也不期望能够交出亮眼的成绩。”

安裕资源首季净利大挫57.45%，至532万6000令吉，主要归咎于出口量下滑和汇兑损失走高。【南洋网财经】

icy97

安裕資源可持有？

2015-06-14 19:24      

吳小姐問：
鋼鐵業前景好像有點黯淡，可是相比之下，安裕資源（ANNJOO，6556，主板工業產品組）的表現是不是比較好？請問可以繼續持有嗎？

答：
安裕資源首季淨利按年跌57.1%、按季揚170.4%至530萬令吉，鋼鐵原料價格波動，中國廉價鋼鐵產品持續充斥東南亞市場，大馬也是傾銷之地，大馬鋼鐵業仍挑戰重重。

MIDF研究說，若廉價鋼鐵產品持續傾銷大馬，預期國內鋼鐵廠商的賺益疲弱。

鋼鐵業向國際貿工部陳情，以對中國傾銷行動實施反傾銷稅，大馬政府未能採取行動令國內鋼鐵業營運環境持續挑戰重重。

聯昌研究說，中國於3月間修改鋼鐵政策，致力於把鋼鐵業產能由70%提昇至80%，以應付中國國內需求。聯昌指中國鋼鐵業也極可能利用免出口稅之優勢，繼續傾銷鋼鐵至東南亞各國。

大馬研究認為危中有機，第十一大馬計劃（11MP）的基建計劃，為安裕資源提供契機。

倘若中國政府能夠實施環保改革措施，可能為傾銷活動提供喘息空間，不過這項措施不會立竿見影。

肯納格研究說，大馬鋼鐵業近至中期仍然面臨中國傾銷之挑戰，蓬勃的國內建築業並不能全部吸納傾銷之中國與韓國鋼鐵產品。

安裕資源首季淨利受高銷售噸數拉台，低原料價（特別是鐵礦石）和年終沒有一次過撥備烘託淨利，其營運賺益由2.8%按年改善至首季4.6%。

聯昌看好安裕的生產效益，若原料價仍維持低位，未來幾季可顯優勢。

豐隆研究則調低安裕資源今後兩年財測52.3%和32.7%，來到1千540萬和3千820萬令吉，惟調高評級至“守住”和調高目標價。

綜合來看，分析員對該公司的評級主要是買進和持有，合理價則是介於1令吉2仙至1令吉56仙。（星洲日報／投資致富‧投資問診‧文：李文龍）

icy97

林建南子任安裕执行董事

财经新闻 财经  2015-07-04 10:24
（吉隆坡1日讯）安裕资源（AnnJoo，6556，主板工业产品股）委任执行主席拿督林建南的儿子林安泉（译音），为执行董事。

同时，现任董事经理拿督林鸿泰的胞兄，也被委任为非执行董事。他目前是制造业务营运总监。

根据文告，这项人事变动即日生效。

现年37岁的林安泉是在2000年加入安裕集团，并于2010年出任贸易业务的商务总监，自2012年9月担任安裕集团贸易业务董事经理。【南洋网财经】

Date of change	01 Jul 2015
Name	MR LIM AUN CHUAN
Age	37
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment
Qualifications	Bachelor of Science in Industrial Engineering from University of Arkansas, United States of America.Master of Science in Business Administration (Major in Finance) from University of Charles Sturt, Australia.
Working experience and occupation	Mr Lim started his career with Ann Joo Group as a management trainee in year 2000 and had served in various key capacities in the operating subsidiaries before taking on as Head of Strategic Business Unit 4 in year 2008.  In year 2010, he became the Commercial Director for the Trading Division of Ann Joo Group.  He presently holds the position as Managing Director of Ann Joo Group's Trading Division since September 2012, including a number of other subsidiaries in the Group.
Directorship of public companies (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	In his relationship to the directors, Mr Lim Aun Chuan is the son of Dato' Lim Kiam Lam and nephew to Dato' Lim Hong Thye and Mr Lim Kien Lip. He is the grandnephew of Mr Lim Sin Seong. To the major shareholders, Mr Lim Seng Chee and Mr Lim Seng Qwee, he is the grandson and grandnephew respectively.
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	Ordinary Shares of RM1.00 each: Direct: 50,000 Indirect: Nil
Due Date for MAP	01 Nov 2015

icy97

Date of change	01 Jul 2015
Name	MR LIM HONG HOCK
Age	44
Nationality	Malaysia
Designation	Non Executive Director
Directorate	Non Independent and Non Executive
Type of change	Appointment
Qualifications	Bachelor of Science in Mechanical Engineering from University of Maryland, College Park, United States of America.Master of Business Administration in Entrepreneurship from University of Wisconsin, Madison, United States of America.
Working experience and occupation	Mr Lim started his career with Kimberly-Clark Corp., a U.S. based Fortune 500 company dealing in consumer paper products and he later relocated to Malaysia as its Production Manager from 1995 to 2000. He then pursued his MBA from year 2001 to 2003 before he joined the subsidiary, Ann Joo Steel Berhad ("AJSB") in year 2004 as Senior Vice President and subsequently appointed as an Executive Director of AJSB on 1 July 2008.  He holds directorship in another subsidiary, Ann Joo Integrated Steel Sdn Bhd ("AJIS") since September 2008 and was part of the pioneering team involved in the set-up of AJIS's Blast Furnace, the first modern furnace in Malaysia.  He is currently the Director- Operations of Ann Joo Group's Manufacturing Division.
Directorship of public companies (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	In his relationship to the directors, Mr Lim Hong Hock is the brother of Dato' Lim Hong Thye and cousin of Dato' Lim Kiam Lam and Mr Lim Kien Lip. He is the nephew of Mr Lim Sin Seong. To the major shareholders, Mr Lim Seng Qwee and Mr Lim Seng Chee, he is the son and nephew respectively.
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	Ordinary Shares of RM1.00 each: Direct: 419,500 Indirect: Nil
Due Date for MAP	01 Nov 2015

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2015	30 Jun 2014	30 Jun 2015	30 Jun 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	501,271	606,329	1,021,916	1,292,395
2	Profit/(loss) before tax	-16,272	4,110	-8,782	17,775
3	Profit/(loss) for the period	-10,848	4,841	-5,522	17,358
4	Profit/(loss) attributable to ordinary equity holders of the parent	-10,848	4,841	-5,522	17,358
5	Basic earnings/(loss) per share (Subunit)	-2.17	0.97	-1.10	3.47
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	2.00
		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 ($$)	2.1100		2.1200

icy97

安裕资源 钢铁价低迷损赚幅

财经 股市 行家论股  2015-08-29 12:21
目标价：73仙

最新进展
安裕资源（ANNJOO，6556，主板工业产品股）截至6月30日次季由盈转亏，净亏1084万8000令吉；营业额跌17.33%，报5亿127万1000令吉。

归咎于来自中国的进口货大量涌入，加上国际钢铁价暴跌，导致产品售价下跌，赚幅减少。

合计上半年，该公司净亏552万2000令吉；营业额按年挫20.93%，达10亿2191万6000令吉。

行家建议
中国出口大量廉价钢铁，并涌入大马市场，导致售价走低，本地钢铁业者赚幅继续受到负面冲击，营运环境持续充满挑战。

由于钢铁领域净利持续波动，以及原料价格的不稳定因素，对该公司的前景保持谨慎。

安裕资源产品价格降低，因此，2015业绩预测下调至净亏1720万令吉。

此外，我们下修目标价至73仙，为4倍的本益比。

不过，该公司依然以低于账面价值的价格进行交易，因此维持“中和”评级。



分析：MIDF研究

【南洋网财经】

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2015	30 Sep 2014	30 Sep 2015	30 Sep 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	325,470	508,459	1,347,386	1,800,855
2	Profit/(loss) before tax	-83,801	16,574	-92,583	34,350
3	Profit/(loss) for the period	-82,285	13,559	-87,807	30,918
4	Profit/(loss) attributable to ordinary equity holders of the parent	-82,285	13,559	-87,807	30,918
5	Basic earnings/(loss) per share (Subunit)	-16.44	2.71	-17.54	6.18
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	2.00
		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		2.1200

icy97

Date of change	01 Jan 2016
Name	MR LIM KIEN LIP
Age	53
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Executive Director
New Position	Non Executive Director
Directorate	Non Independent and Non Executive
Qualifications	N/A
Working experience and occupation	N/A
Family relationship with any director and/or major shareholder of the listed issuer	Mr Lim Kien Lip is the son of the major shareholder, Mr Lim Seng Chee and the brother of Group Executive Chairman, Dato' Lim Kiam Lam.
Any conflict of interests that he/she has with the listed issuer	N/A
Details of any interest in the securities of the listed issuer or its subsidiaries	indirect : 1,500,000 shares of RM1.00 each

icy97

安裕前景如何？

2016-02-21 19:21      

讀者黃建達問：
安裕資源（ANNJOO，6556，主板貿服組）業務前景如何？可在哪個價位買進？

答：
當安裕資源在宣佈最新業績後，馬銀行研究在研究報告中，針對其未來業務前景展望時指出，該公司在去年10月中的鋼鐵產品銷售量略有起色，主要是降低產品銷售價，以便與中國進口貨競爭。

同時，馬幣兌主要貨幣匯率下貶，這使進口鋼鐵產品更為昂貴，反而對本地鋼鐵業者包括安裕資源有利。根瞭解，本地鋼鐵業者持續向政府當局遊說，實施更多保護措施以遏止進口鋼鐵產品活動，以使本地業者能繼續生存。

談到安裕資源的未來業務前景，肯納格研究認為，整體鋼鐵業的短中期展望依然深具挑戰，特別是政府並沒有採取措施，以對付外國，特別是中國的鋼鐵產品在本地的傾銷活動。

若是全球主要鋼鐵產品生產國（中國與韓國）的產品供應過剩問題沒有獲得解決，縱然本地建築業蓬勃，料也將不足以使本地鋼鐵業者的業務完全復甦。

生產過剩
前景黯淡

總的來說，本地鋼鐵業者包括安裕資源在內，若是全球市場的鋼鐵產品持續生產過剩、加上政府沒有為進口產品實施反傾銷措施，相信本地業者的業務前景依然黯淡及全面復甦無期。至於可在哪個價位買進，本地3家證券研究在2015年11月杪對它業績評論及推荐可作為參考。

當時，大馬研究給它的合理價是80仙（當時市價為73.5仙），並給予“守住”評級。馬銀行研究給的目標價僅為40仙、而肯納格研究則給61仙，當時都建議“沽售”評級。（星洲日報／投資致富‧投資問診‧文：李文龍）

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2015	31 Dec 2014	31 Dec 2015	31 Dec 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	413,542	491,091	1,760,928	2,291,974
2	Profit/(loss) before tax	-47,961	-9,379	-140,544	24,970
3	Profit/(loss) for the period	-47,668	-7,583	-135,475	23,388
4	Profit/(loss) attributable to ordinary equity holders of the parent	-47,668	-7,583	-135,475	23,388
5	Basic earnings/(loss) per share (Subunit)	-9.52	-1.51	-27.06	4.67
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	2.00
		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		2.1200

icy97

Type	Announcement
Subject	OTHERS
Description	Response to news article "MISIF lodges complaint with MoF"
Reference is made to the news article “MISIF lodges complaint with MoF” in the Edge Financial Daily dated 29 February 2016.  The Company wishes to inform that the Royal Malaysian Customs Department (“RMCD”) had on 24 February 2016 inspected and taken custody of shipping and accounting records relating to import of hot-rolled coil of the subsidiary companies, namely Ann Joo Metal Sdn Bhd (“AJM”), Anshin Steel Service Centre Sdn Bhd (“ASSC”) and Anshin Steel Processor Sdn Bhd (“ASP”). The purpose of audit and investigation was not officially informed by RMCD. None of the accounts of AJM, ASSC and ASP have been frozen by RMCD. The documents that have been taken do not affect the operations of the Group and the Company is of the opinion that there is no financial impact. The Company will continue to extend its cooperation to RMCD on the investigations.   This announcement is dated 29 February 2016.

kongsenger

annjoo 6556 安裕 rm1.16 值得进吗?
1)技术面;今天(12-4-2016)己破52周新高rm1.08,收市于rm1.16,量增价升,
前路充满无限希望.
2)基本面;a)公司净有形资产(nta)为rm1.85,现在股价rm1.16仍然低于资产.
             b)公司股数为5.227亿股,钢材库存达马币9.51亿,如果全部出售,换算每股仍值rm1.81,
而还不包括公司其他资产如高炉产房,各种器材,相关技术等.
3)公司于31-12-2015 现金为5870万,loan为13亿,乍看之下是很嚇人,但累计净利有3.89亿,
应收賬款为2.87亿,钢铁库存达9.51亿.因为2012年用了近6亿建立大马首个高炉厂.
3)全球产量4成出的中国在去库存,去产能情况下,另一波钢价升势将展开.
http://www.barchart.com/chart.ph ... hnical&template
最后,明智的决定在于你了,安康.

kongsenger

上海5月期货(螺紋钢)以最高收rmb 2605,漲5.98%,今日钢股将有明显的上升,
尤以annjoo更具优势,9.51亿库存明显己增值,且可直接出货,无须等待生产时间,
绝对是首选钢铁股,估计2016年eps=10sen,pe=20,股价=rm2.00

icy97

Type	Announcement
Subject	OTHERS
Description	PREPAYMENT ON BONDS 2011/2016
On 27 June 2011, Ann Joo Resources Berhad (“AJR”) announced the issuance of Redeemable Bonds at nominal value of RM500 million (“Bonds”) by its wholly-owned subsidiary, Ann Joo Integrated Steel Sdn Bhd (“AJIS”) in order to refinance AJIS’s existing Syndicated Revolving Credit Facility of RM400 million and the balance of RM100 million utilised to part finance the construction and completion of the Blast Furnace project located in Seberang Perai, Penang. The Bonds has a tenure of 5 years and AJIS has been meeting all the redemptions from 2012 to 2015 on a timely basis and has up to 27 December 2015 redeemed the total of RM281.293 million. The last tranche of redemption amounting to RM218.707 million is due on 27 June 2016 (“Due Date”) but the Company had in addition to the mandatory repayment of RM4.042 million on 25 March 2016, made a voluntary prepayment of RM30 million on 25 March 2016 and RM80 million on 27 April 2016.  The remaining Bonds to be redeemed is RM104.665 million.    AJIS has given notice of intention to the bondholders on 13 May 2016 to voluntarily prepay RM100 million on 27 May 2016 i.e. as permitted by the Facility Agreement for prepayment with a minimum amount of RM10 million and integral multiples of RM5 million and at the same time, sought consent of bondholders to allow full redemption of the remaining balance of RM4.665 million on 27 May 2016.  The consent of bondholders was received by AJIS on 17 May 2016 for early settlement of the remaining outstanding Bonds of RM4.665 million concurrently with the voluntary prepayment of RM100 million Bonds on 27 May 2016.  The early settlement of the last tranche of RM218.707 million before Due Date will translate to savings of approximately RM1.880 million in coupon interest. The payment of the last tranche of RM104.665 million on 27 May 2016 will render the RM500 million Redeemable Bonds of AJIS fully redeemed. This Announcement is dated 17 May 2016.

哭哭鸟

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2016	31 Mar 2015	31 Mar 2016	31 Mar 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	489,525	520,645	489,525	520,645
2	Profit/(loss) before tax	7,396	7,490	7,396	7,490
3	Profit/(loss) for the period	5,521	5,326	5,521	5,326
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,521	5,326	5,521	5,326
5	Basic earnings/(loss) per share (Subunit)	1.10	1.06	1.10	1.06
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 ($$)	1.8600		1.8500

哭哭鸟

筹6257万减债
安裕拟发优先股
2016年5月31日
http://www.enanyang.my/news/20160531/筹6257万减债br-安裕拟发优先股/

（吉隆坡30日讯）安裕资源（ANNJOO，6556，主板工业产品股）建议发行高达1亿2514万2220股可赎回可转换优先股（RCPS），筹资最多6257万令吉。

根据早前的文告，安裕资源将以4配1比例，发行这些可赎回可转换优先股。

假设发售价和转换价分别是每股50仙和每股1.80令吉。

其中，根据每股50仙的发售价，公司将筹资高达6257万令吉，当中6157万令吉作为营运资本，其余支付相关开销。

为了最低认购水平，公司已获执行主席拿督林建南、董事经理拿督林鸿泰和安裕机构私人有限公司等总共持股67.44%的股东，承诺依据本身股权来认购所有优先股。

另一方面，公司也建议展开股息再投资计划，以及发行最高占15%缴足资本的新股，来建立长期奖励计划（LTIP）。

最后，公司建议把注册资本，从目前的1亿股普通股或1亿令吉，扩大至1亿股普通股和5亿股可赎回可转换优先股，相等于10亿500万令吉。

肯纳格投行分析员在报告中指出，在安裕资源展开的企业活动中，该行对发行可赎回可转换优先股的举措，感到稍微正面。

“虽然这些优先股将稀释每股净利，但通过该活动筹集资金，还是最佳的削债选项。”

2年财测上修

此外，基于钢铁平均价格走高，分析员将公司今明年财测，分别调涨7倍和3倍，至5170万及5800万令吉。

“不过，我们担忧钢铁价格是否能维持涨势，且安裕资源股价已反映利好，因此维持‘低于大市’评级，目标价1.04令吉。”

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	ANN JOO RESOURCES BERHAD ("ANN JOO" OR "COMPANY")  (I)        PROPOSED RIGHTS ISSUE OF RCPS;(II)        PROPOSED LTIP;(III)        PROPOSED DRP; (IV)        PROPOSED IASC; AND (V)        PROPOSED AMENDMENTS  (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of Ann Joo ("Board"), Affin Hwang Investment Bank Berhad ("Affin Hwang IB") wishes to announce that Ann Joo proposes to undertake the following: (i) a renounceable rights issue of up to 125,142,220 new redeemable convertible cumulative preference shares of RM0.01 each in Ann Joo ("RCPS") convertible into ordinary shares of RM1.00 each in Ann Joo ("Ann Joo Shares" or "Shares") on the basis of 1 RCPS for every 4 existing Ann Joo Shares held on an entitlement date to be determined later ("Proposed Rights Issue of RCPS"); (ii) proposed establishment of a long term incentive plan of up to 15% of the issued and paid-up ordinary share capital of Ann Joo (excluding treasury shares) at any time during the period of the long term incentive plan, for the selected key personnel and/or senior management of Ann Joo and its subsidiaries who fulfil the eligibility criteria ("Proposed LTIP"); (iii) proposed dividend reinvestment plan that provides the shareholders of Ann Joo with the option to elect to reinvest their cash dividends declared by Ann Joo (whether interim, final, special or any other cash dividends) in new Ann Joo Shares ("Proposed DRP"); (iv) proposed increase in the authorised share capital of Ann Joo from RM1,000,000,000 comprising 1,000,000,000 Ann Joo Shares to RM1,005,000,000 comprising 1,000,000,000 Ann Joo Shares and 500,000,000 RCPS ("Proposed IASC"); and (v) proposed amendments to the Memorandum and Articles of Association of Ann Joo to facilitate the Proposed IASC and the issuance of the RCPS pursuant to the Proposed Rights Issue of RCPS ("Proposed Amendments"). Please refer to the attachment for further details. This announcement is dated 24 May 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5101549

Attachments AnnJoo - Ann 24.5.2016.pdf

icy97

icy97 发表于 18-5-2016 05:13 AM

Type	Announcement
Subject	OTHERS
Description	ANN JOO RESOURCES BERHAD  (AJR or "the Company") FULL REDEMPTION OF BONDS 2011/2016
Further to the Company's announcement on 17 May 2016, the Board of Directors of AJR are pleased to inform that the Company's wholly owned subsidiary, Ann Joo Integrated Steel Sdn Bhd ("AJIS"), has fully settled the remaining outstanding Bonds of RM4.665 million concurrently with the voluntary prepayment of RM100 million Bonds on 27 May 2016 and render the RM500 million Redeemable Bonds of AJIS fully redeemed. This Announcement is dated 27 May 2016.

icy97

安裕成全方位供应商　迎合基建业钢铁需求

财经  2016年05月26日 | 记者：陈琪梅
（吉隆坡26日讯）安裕资源（ANNJOO，6556，主板工业股）相信，基于大型建筑合约陆续启动，下半年的钢铁需求预料会走强。

该公司董事经理林鸿泰指出，去年的钢条需求量较为疲弱，不过，今年下半年开跑的项目如第二捷运（MRT2）將会为钢条带来强劲需求。

「这个现象预计会持续长达2年至2年半。」

重启下游业务

他进一步指出，该公司將重启下游业务的切割和屈曲业务，以成为全方位的钢铁方案供应商，来迎合基建领域的需求。但他也表示，產业领域的钢铁需求，预料会相对放缓。

林鸿泰是在安裕资源股东大会后的记者会上，发表上述谈话。列席者包括该公司主席林建南。

另一方面，钢铁价格去年持续下滑，主要受到中国供应过剩的影响。

今年当地政府出手打击不赚钱的领域，包括钢铁领域，并计划在未来5年减少多达1亿至1亿5000万公吨的钢铁產能。

因此，钢铁价格在今年3月份开始回升。惟涨势后劲乏力，近期有回落跡象，林鸿泰表示，对此不感到意外，因为这一轮涨势过急，出现回调现象是正常的，也是一个好的现象。

展望未来，他预计，钢铁价格將持续波动。

「我们相信，在当地政府的努力下，中国再次出现如去年般供应过剩的机率较小。」

与此同时，一名出席股东大会的小股东对《东方財经》表示，管理层在会上透露，该公司会在明日还清其长期债券，而在成本管控的努力下，相信在次季末將负债率降低至1倍以下。目前该公司的负债率为1.34倍。

展望今年的发展策略，该公司將积极展开营销活动、持续改善生產力，以及创造股东价值。

安裕资源日前建议以4配1比例发售可赎回可转换优先股（RCPS），林鸿泰在记者会上表示，这项活动最低可筹得4220万令吉，为未来潜在的扩充机会，做好准备。

有意进军越南

与此同时，他也表示，有意重新出击，爭夺海外市场，而越南是目標之一，原因是当地去年进口的钢坯约为150万至189万公吨。

「大马仍旧是我们最主要的市场，不过扩充海外市场可缓解本地市场放缓所带来的风险。」

对於如何看待2016財政年业绩表现时，他仅表示，即使首季的钢铁价格走高，但比起去年同期仍偏低，此外，公司的盈利表现也將取决於中国因素。【东方网财经】

icy97

营运弹性 安裕王牌
By Chester Tay / The Edge Financial Daily   | June 23, 2016 : 10:58 AM MYT

（吉隆坡23日讯）安裕资源（Ann Joo Resources Bhd）正收获6亿令吉混合生产的投资成果，该投资使这家长钢产品制造商拥最大化获利的原料组合。

安裕因而比竞争对手有一定的成本优势。这也是为什么其集团董事经理拿督林鸿泰对公司的前景持乐观态度，尽管营运环境艰难。

安裕是唯一结合高炉和电弧炉（EAF）混合生产的本地业者。

林鸿泰表示，安裕已做最坏的打算。除了原料组合，他指出，混合生产程序也让安裕在更高售价的钢铁产品中具弹性。

举例说，如果长钢产品如钢坯、板坯和钢筋（螺纹钢）的价格下跌超过预期，该公司可减少这些产品的生产。

“当情况不利，我们是有选择的。我们可转至供应更多的生铁，而不是钢坯和螺纹钢。”

生铁是安裕的高炉所生产的副产物，是可替代回收钢生产钢坯和螺纹钢的原料。

林鸿泰预计，生铁的需求将进一步增长。他指出，东南亚使用电弧炉的钢厂正恢复生产，因随着中国政府开始削减当地的钢铁产能，钢铁价格在3月和4月回升。

他告诉《The Edge》财经日报说：“他们（炼钢厂）需要生铁，以提高生产力和替代废钢（回收钢）。生铁曾是我们的巨大的死锁。我们曾拥有大量的生铁库存，但如今我们已清完，而实际上需求是如此殷切，我们无法应付。”

“我们有一个选择是出口，因为越南对钢坯和螺纹钢的需求非常强劲。”

今年3月，越南对中国进口的钢锭和长钢产品实施23.3%和14.2%的临时保护税，直到10月。

保护税将促使越南炼钢厂到别处采购钢坯。林鸿泰解释说：“这是为什么安裕正处于一个非常有利的位置，因为我们是钢坯生产商，不是进口商。如果我们从中国进口钢坯，我们就不能出口到越南。”

他指出，之前本地充斥低价钢铁时，一些钢厂营运商选择停止生产，并采购进口钢铁。

他回忆说：“现在的情况有所不同。甚至是我们的副产品也在创造收入。过去几年，当需求较低，我们不得不亏本售卖生铁。”

钢铁通常通过两个主要方式而成：高炉转炉（BF-BOF）或电弧炉。两者的主要分别是所消耗的原料类型。

高炉转炉使用铁矿石和煤炭，而电弧炉用回收钢和电力。

截至去年12月杪的2015财年，安裕蒙受1亿3548万令吉的净亏损，相比2014财年的2339万令吉净利，因从中国进口的钢铁产品大量流入，拖累价格低于生产成本。

截至今年3月31日首季，该公司净赚552万令吉，较上财年同期的533万令吉增3.66%；营业额则跌近6%至4亿8953万令吉，同期为5亿2065万令吉。

林鸿泰预期，在生铁需求增加，第二季盈利将改善。

他透露，安裕在本月启动了自身的切割和折弯中心。

“这是安裕的重大事项，因为所有大型（基础建设）项目需要切割和折弯。这意味着钢筋是预先切割和折弯，而不是在建筑地盘才折弯和切割。”

他认为，这是本地建筑领域迈向工业化建筑系统（IBS）的趋势。

IBS是一种建筑技术，组件在受控的环境中生产，并随后在地盘组装。

目前，安裕供应切割和折弯螺纹钢及直棒这两个主要建材，让该公司占优势赢得更多项目。

“在许多项目中，如果一个供应商（钢厂商）不提供切割和折弯，他们完全被排除在外。”

他表示，安裕在过去只能和独立的切割和折弯中心合作，共享这些项目，但对集团来说效率不高。

“因此，与去年相比，安裕的潜在市场份额已在今年大幅提高，因大型项目启动。这些都是安裕作为优质产品供应商所专注的。现在有了切割和折弯，我们可参与几乎所有类型的项目。”

该公司股票在4月20日扬至1.24令吉的高位，较1月4日的67仙，劲扬85.07%。该股于周二（21日）收于1.13令吉。

为了维持股价，良好的盈利数据将是至关重要。

（编译：陈慧珊）