【GESHEN 7197 交流专区】巨盛机构

哭哭鸟

7197

Quarterly rpt on consolidated results for the financial period ended 31/03/2016

Quarter: 1st Quarter Financial Year End: 31/12/2016 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 31/03/2016 31/03/2015 31/03/2016 31/03/2015 RM '000 RM '000 RM '000 RM '000 1 Revenue 38,149 17,730 38,149 17,730 2 Profit/Loss Before Tax 2,625 1,747 2,625 1,747 3 Profit/Loss After Tax and Minority Interest 1,056 1,167 1,056 1,167 4 Net Profit/Loss For The Period 1,461 1,167 1,461 1,167 5 Basic Earnings/Loss Per Shares (sen) 1.37 1.52 1.37 1.52 6 Dividend Per Share (sen) 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 (RM) 0.9800 0.9700

icy97

icy97 发表于 6-12-2014 05:14 AM
巨盛斥3376萬 購Polyplas股權75%

財經5 Dec 2014 20:42
（吉隆坡5日訊）巨盛（GESHEN，7197，主要板工業）以3376萬令吉，收購Polyplas私人有限公司75%股權，同時建議發出3000萬單位可贖回可轉換優先股。

該公 ...

Type	Announcement
Subject	OTHERS
Description	GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR "THE COMPANY")- ACQUISITION OF THE REMAINING 25% EQUITY INTEREST IN POLYPLAS SDN. BHD., A SUBSIDIARY COMPANY OF THE COMPANY
Further to the announcement made on 5 December 2014, the Board of Directors of the Company wishes to announce that the Company had on 31 May 2016, acquired the remaining five hundred thousand (500,000) ordinary shares of RM1.00 each in Polyplas Sdn. Bhd. ("Polyplas") [Company No. 172364-A] representing 25% equity interest in Polyplas for a purchase consideration of RM18,329,494.18. Consequent thereto, Polyplas became a wholly-owned subsidiary of the Company. This announcement is dated 31 May 2016.

icy97

巨盛斥3376萬購Polyplas股權

2016年6月03日
（吉隆坡3日訊）巨盛（GESHEN，7197，主要板工業）以3375萬6253令吉，收購Polyplas私人有限公司75%股權。

巨盛向馬證交所報備，與賣家那林得星和古地亞星簽署股權脫售協議（SSA），收購Polyplas私人有限公司75%股權。

同時，巨盛亦與那林得星簽署認購及認沽期權協議（call and put option agreement），以收購Polyplas私人有限公司50萬或25%股份。

根據報備文件，收購價中的1832萬9494令吉將透過公司內部集資以及向銀行借貸籌得。【中国报cai'jing】

Type	Announcement
Subject	OTHERS
Description	GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR "THE COMPANY")- ACQUISITION OF THE REMAINING 25% EQUITY INTEREST IN POLYPLAS SDN. BHD., A SUBSIDIARY COMPANY OF THE COMPANY
Reference is made to Ge-Shen’s announcements on 5 December 2014 and 31 May 2016 respectively pertaining to the above matter. The Board of Directors of Ge-Shen wishes to furnish the following additional information of the abovementioned matter:- 1.  Background of the acquisition of the equity interest of Polyplas Sdn. Bhd. (“Polyplas”) The Company had on 5 December 2014 entered into a conditional share sale agreement (“SSA”) with the vendors of Polyplas, namely Narinder Singh a/l Sudagar Singh and Gurdial Singh a/l Sudagar Singh for the proposed acquisition of 75% equity interest in Polyplas, comprising 1,500,000 ordinary shares of RM1.00 each in Polyplas for a total cash consideration of RM33,756,253 (“Acquisition”). Concurrent with the execution of the SSA, the Company had also entered into a Call and Put Option Agreement with Narinder Singh a/l Sudagar Singh for the option to purchase an additional 500,000 ordinary shares of RM1.00 each in Polyplas by Ge-Shen from Narinder Singh a/l Sudagar Singh representing 25% equity interest in Polyplas at a consideration to be determined based on the terms and conditions of the Call and Put Option Agreement (“Option”). 2.  Shareholders’ approval obtained in Extraordinary General Meeting (“EGM”) The Acquisition and Option were approved by the shareholders at Ge-Shen’s EGM held on 4 April 2015. Save for the approval by the shareholders (obtained on 4 April 2015), the Option is not subject to and conditional upon approvals from other authorities. 3.  Source of funding for the acquisition of the remaining 25% equity interest of Polyplas The purchase consideration of RM18,329,494.18 was funded via combination of internally generated funds and bank borrowings. 4.  Fulfilment of the salient terms of the Call and Put Option Agreement dated 5 December 2014 The salient terms of the Call and Put Option Agreement dated 5 December 2014 have been fulfilled. The Option has been completed in accordance with the terms and conditions of the Call and Put Option Agreement. This announcement is dated 2 June 2016.

icy97

巨盛1300万购Demand Options

2016年7月1日
（吉隆坡30日讯）巨盛机构（GESHEN，7197，主板工业产品股）献议，以1300万令吉收购Demand Options私人有限公司（DOSB）的70%股权。

根据巨盛机构昨天在大马交易所的文告，双方签署股票买卖合约后，巨盛机构可选择在3年后，收购其余的30%股权。

巨盛机构也与卖方签署股东合约，制定股东之间的关系。

进军金属冲压领域

收购计划让巨盛机构进一步扩展业务至金属冲压领域，并多样化客户群。

DOSB的主要业务，包括金属冲压、工具和模具的制造，以及激光技術原型设计和制造业务，生产基地坐落于新山乌鲁地南，而巨盛机构的生产基地也在柔佛及越南。

此外，由于DOSB在新加坡有联号公司，意味着巨盛机构获得拓展新加坡市场的机会。【e南洋】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR "THE COMPANY")- PROPOSED ACQUISITION OF 910,000 ORDINARY SHARES OF RM1.00 EACH IN THE CAPITAL OF DEMAND OPTIONS SDN. BHD. (446459-W) ("DOSB"), REPRESENTING 70% OF THE ENTIRE EQUITY INTEREST IN DOSB, BY THE COMPANY ("PROPOSED ACQUISITION")
Please refer to the attachment for details of the announcement. This announcement is dated 28 June 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5135009

Attachments Ge-Shen - Proposed Acquisition of DOSB.pdf

哭哭鸟

                                       

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)                                 NON RELATED PARTY TRANSACTIONS
Description	GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR "THE COMPANY")- PROPOSED ACQUISITION OF 910,000 ORDINARY SHARES OF RM1.00 EACH IN THE CAPITAL OF DEMAND OPTIONS SDN. BHD. (446459-W) ("DOSB"), REPRESENTING 70% OF THE ENTIRE EQUITY INTEREST IN DOSB, BY THE COMPANY ("PROPOSED ACQUISITION")
Reference is made to Ge-Shen’s announcement on 28 June 2016 pertaining to the above matter (“Announcement”). The Board of Directors of Ge-Shen wishes to furnish the following additional information of the abovementioned matter:- 1.           Basis of arriving at the premium of RM2,301,699.10 (“Premium”) The Premium stated in Item 2.1.3 of the Announcement is the difference between the Purchase Consideration and the Net Tangible Asset of DOSB as at 31 December 2015. 2.         Highest percentage ratio applicable The highest percentage ratio stated in Item 7 of the Announcement is revised from 23.00% to 23.43%. This announcement is dated 30 June 2016.

icy97

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-04072016-00002
Subject	PROPOSED ACQUISITION OF 910,000 ORDINARY SHARES OF RM1.00 EACH IN THE CAPITAL OF DEMAND OPTIONS SDN. BHD. (446459-W) ("DOSB"), REPRESENTING 70% OF THE ENTIRE EQUITY INTEREST IN DOSB, BY THE COMPANY ("PROPOSED ACQUISITION")
Description	GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR "THE COMPANY")- PROPOSED ACQUISITION OF 910,000 ORDINARY SHARES OF RM1.00 EACH IN THE CAPITAL OF DEMAND OPTIONS SDN. BHD. (446459-W) ("DOSB"), REPRESENTING 70% OF THE ENTIRE EQUITY INTEREST IN DOSB, BY THE COMPANY ("PROPOSED ACQUISITION")
Query Letter Contents	We refer to your Company’s announcements dated 28 & 30 June 2016, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1)      Further illustration on the principal activities including the type of products manufactured, various industries that use its products as well as its principal market. 2)      Details of the manufacturing facility as required under Part C of Appendix 10A of the Main Market Listing Requirements. 3)      Further clarification on how the PAT of DOSB can be attributed to the higher profit margin experienced by the steel industry given that DOSB is not in the same industry. 4)      To quantify the expenses incurred for the promotion of sales and the reasons for incurring these expenses in 2014 as compared to previous year. 5)      To explain also for the high production cost incurred in 2014 as compared to 2013. 6)      Further illustration on the statement “greater economies of scale as a result of DOSB’s robust growth and operational improvements”. 7)      To quantify the NTA’15 and provide the basis and justification in arriving at the Premium. 8)      Salient terms of management services agreements executed between the Vendors and DOSB. 9)      Rationale for your Company to acquire 70% equity interest in DOSB and enter into the Call-Put Option Agreement instead of acquiring 100% equity interest in DOSB as a single transaction. 10)    The name of the major customers of DOSB. 11)    To provide the background information on DOSB’s associate company that is located at Singapore. 12)    To elaborate further on the existing business of your Company and how it can complement with the business of DOSB. 13)    The prospects of the industry where DOSB operates. 14)    To specify the factors that was taken into consideration by the Board of Directors in forming its view that the Proposed Acquisition (including the Agreements executed with the Vendors) is in the best interest of the Group.
Reference is made to Ge-Shen's announcements on 28 June 2016 and 30 June 2016 and Bursa Malaysia Securities Berhad's letter dated 4 July 2016 pertaining to the above matter. The Board of Directors of Ge-Shen wishes to furnish the attached additional information of the abovementioned matter. This announcement is dated 5 July 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5143253

Attachments Ge-Shen - Reply to Query- Proposed Acquisition of DOSB.pdf

icy97

巨盛机构出价950万　向东南物流收购资產

财经  2016年07月19日
（吉隆坡19日讯）巨盛机构（GESHEN，7197，主板工业股）斥资950万令吉，向东南物流（TNLOGIS，8397，主板贸服股）收购位于柔佛一幅涵括2层仓库及3层办公楼等產业的地皮。

据文告，基于巨盛机构旗下工厂已没空间扩展，该公司才选择收购上述地皮及產业，藉此提高產能，满足市场高需求。同时，收购可帮助巨盛机构省下租赁费。

这座工厂刚好坐落在巨盛机构原有工厂后方，提供该公司立即扩充的机会；同时，这幅佔地4857.6平方米的地皮仍有额外空间允许巨盛机构进一步扩展。

上述收购计划料为巨盛机构长期盈利及每股盈利带来正面贡献。

不过，由于该公司將通过內部融资和银行贷款进行收购，假设70%的资金將来银行贷款，巨盛机构净负债率將提高至0.26倍。【东方网财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GE-SHEN CORPORATION BERHAD ("GE-SHEN")- PROPOSED ACQUISITION OF A DOUBLE-STOREY DETACHED WAREHOUSE WITH AN ANNEXED THREE-STOREY OFFICE AND OTHER ANCILLARY BUILDINGS ERECTED ON A PARCEL OF FREEHOLD INDUSTRIAL LAND HELD UNDER H.S.(D) 420021, PTD 137632, MUKIM OF TEBRAU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR DARUL TAKZIM, BY GE-SHEN PLASTIC (M) SDN. BHD. (372089-V) ("THE COMPANY"), FOR THE CONSIDERATION OF RM9,500,000 ("PROPOSED ACQUISITION")
Please refer to the attachment for details of the announcement. This announcement is dated 19 July 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5152005

Attachments Ge-Shen - Proposed Acquisition of Property from Tiong Nam.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GE-SHEN CORPORATION BERHAD ("GE-SHEN")- PROPOSED ACQUISITION OF A DOUBLE-STOREY DETACHED WAREHOUSE WITH AN ANNEXED THREE-STOREY OFFICE AND OTHER ANCILLARY BUILDINGS ERECTED ON A PARCEL OF FREEHOLD INDUSTRIAL LAND HELD UNDER H.S.(D) 420021, PTD 137632, MUKIM OF TEBRAU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR DARUL TAKZIM, BY GE-SHEN PLASTIC (M) SDN. BHD. (372089-V) ("THE COMPANY"), FOR THE CONSIDERATION OF RM9,500,000 ("PROPOSED ACQUISITION")
Reference is made to Ge-Shen’s announcements on 19th July 2016 pertaining to the above matter. The Board of Directors of Ge-Shen wishes to furnish the following additional information of the abovementioned matter:- (i) The market value of the property RM9,650,000 (ii) The name of the valuer Macreal International (JB) Sdn Bhd (iii) The date and the method of the valuation 1st July 2016. In arriving the Market Value of the property, the valuer has adopted the Comparison Method by comparing transactions and asking prices of similar properties in the locality and adjustment made for location, size, condition of building, present market trends and other differences The valuation report will be available for inspection at the registered office of the Company at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490, Kuala Lumpur during normal business hours from the date of this Announcement up to 19 October 2016. The market value of the property has been made for internal management purpose and is subject to the standard limiting conditions by the valuer. This annoucement is dated 25 July 2016.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2016	30 Jun 2015	30 Jun 2016	30 Jun 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	38,212	36,226	76,361	53,956
2	Profit/(loss) before tax	3,484	4,225	6,109	5,972
3	Profit/(loss) for the period	2,152	2,821	3,613	3,988
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,848	2,305	2,904	3,472
5	Basic earnings/(loss) per share (Subunit)	2.40	2.99	3.78	4.51
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 ($$)	0.9400		0.9700

icy97

icy97 发表于 29-6-2016 03:40 AM
巨盛1300万购Demand Options

2016年7月1日
（吉隆坡30日讯）巨盛机构（GESHEN，7197，主板工业产品股）献议，以1300万令吉收购Demand Options私人有限公司（DOSB）的70%股权。

根据巨盛机构昨天在大马交易所 ...

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GE-SHEN CORPORATION BERHAD ("THE COMPANY")- PROPOSED ACQUISITION OF 910,000 ORDINARY SHARES OF RM1.00 EACH IN THE CAPITAL OF DEMAND OPTIONS SDN. BHD. (446459-W) ("DOSB"), REPRESENTING 70% OF THE ENTIRE EQUITY INTEREST IN DOSB, BY THE COMPANY
Further to the announcements on 28 June 2016, 30 June 2016 and 5 July 2016 respectively, the Board of Directors of the Company wishes to announce that the Share Sale Agreement dated 28 June 2016 has been completed in accordance with its terms and conditions. This announcement is dated 6 September 2016.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2016	30 Sep 2015	30 Sep 2016	30 Sep 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	54,050	45,119	130,410	99,075
2	Profit/(loss) before tax	8,749	12,097	14,856	18,069
3	Profit/(loss) for the period	6,077	8,709	9,688	12,697
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,554	7,386	8,456	10,858
5	Basic earnings/(loss) per share (Subunit)	7.22	9.60	10.99	14.12
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 ($$)	1.0100		0.9700

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR "THE COMPANY")- PROPOSED LONG TERM SUB-LEASING OF A SINGLE-STOREY WORKSHOP WITH OTHER ANCILLARY BUILDINGS ERECTED ON A PARCEL OF LEASEHOLD LAND AT LOT XN 42, DAI AN INDUSTRIAL ZONE, KM 51, HIGHWAY NO. 5, TU MINH WARD, HAI DUONG CITY, HAI DUONG PROVINCE, VIETNAM, BY GE-SHEN VIETNAM COMPANY LIMITED FOR THE CONSIDERATION OF VND30,396,800,000.00 (PROPOSED LONG TERM SUB-LEASING)
Please refer to the attachment for details of the announcement. This announcement is dated 14 November 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5258721

Attachments Ge-Shen - Proposed Long-Term Sub-Leasing.pdf

icy97

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-15112016-00002
Subject	PROPOSED LONG TERM SUB-LEASING OF A SINGLE-STOREY WORKSHOP WITH OTHER ANCILLARY BUILDINGS ERECTED ON A PARCEL OF LEASEHOLD LAND BY GE-SHEN VIETNAM COMPANY LIMITED FOR THE CONSIDERATION OF VND30,396,800,000.00 ("PROPOSED LONG TERM SUB-LEASING")
Description	GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR "THE COMPANY")- PROPOSED LONG TERM SUB-LEASING OF A SINGLE-STOREY WORKSHOP WITH OTHER ANCILLARY BUILDINGS ERECTED ON A PARCEL OF LEASEHOLD LAND AT LOT XN 42, DAI AN INDUSTRIAL ZONE, KM 51, HIGHWAY NO. 5, TU MINH WARD, HAI DUONG CITY, HAI DUONG PROVINCE, VIETNAM, BY GE-SHEN VIETNAM COMPANY LIMITED FOR THE CONSIDERATION OF VND30,396,800,000.00 (PROPOSED LONG TERM SUB-LEASING)
Query Letter Contents	We refer to your Company’s announcement dated 14 November 2016, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1)      Basis and justification for the Land Sub-Leasing Price other than willing-buyer-willing-seller basis. 2)      Whether any valuation was carried on the Property; if so, the name of the valuer, date and method of valuation and the market value. 3)      The date on which the First Instalment had been paid to the Vendor. 4)      The tenure of the subleasing and its expiry date as well as the default clauses by both parties under the LSA. 5)      Breakdown of the source of funding for the Land Sub-Leasing Price.
Reference is made to Ge-Shen's announcement on 14 November 2016 and Bursa Malaysia Securities Berhad's letter dated 16 November 2016 pertaining to the above matter. The Board of Directors of Ge-Shen wishes to furnish the attached additional information of the abovementioned matter. This announcement is dated 17 November 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5261937

Attachments Ge-Shen - Reply to Query - Proposed Long Term Sub-Leasing.pdf

icy97

icy97 发表于 20-7-2016 02:44 AM
巨盛机构出价950万　向东南物流收购资產

财经  2016年07月19日
（吉隆坡19日讯）巨盛机构（GESHEN，7197，主板工业股）斥资950万令吉，向东南物流（TNLOGIS，8397，主板贸服股）收购位于柔佛一幅涵括2层仓库及3 ...

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GE-SHEN CORPORATION BERHAD ("GE-SHEN")- PROPOSED ACQUISITION OF A DOUBLE-STOREY DETACHED WAREHOUSE WITH AN ANNEXED THREE-STOREY OFFICE AND OTHER ANCILLARY BUILDINGS ERECTED ON A PARCEL OF FREEHOLD INDUSTRIAL LAND HELD UNDER H.S.(D) 420021, PTD 137632, MUKIM OF TEBRAU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR DARUL TAKZIM, BY GE-SHEN PLASTIC (M) SDN. BHD. (372089-V) ("THE COMPANY"), FOR THE CONSIDERATION OF RM9,500,000 ("PROPOSED ACQUISITION")
Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the announcements made by Ge-Shen on 19 July 2016 and 25 July 2016 respectively in relation to the Proposed Acquisition. Further to the announcements on 19 July 2016 and 25 July 2016 respectively, the Board of Directors of Ge-Shen wishes to announce that the Sale and Purchase Agreement dated 19 July 2016 has been completed today in accordance with its terms and conditions. in view thereof, the Proposed Acquisition has been deemed completed on 18 November 2016. This announcement is dated 18 November 2016.

哭哭鸟

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2016

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

1	Revenue	55,112	38,366	185,523	137,441
2	Profit/(loss) before tax	7,756	2,715	22,612	20,784
3	Profit/(loss) for the period	7,203	2,296	16,891	14,993
4	Profit/(loss) attributable to ordinary equity holders of the parent	6,699	1,834	15,155	12,692
5	Basic earnings/(loss) per share (Subunit)	8.71	2.38	19.71	15.59
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 ($$)	1.1100		0.9700

哭哭鸟

浅谈 GESHEN
Tuesday, 4 April 2017
http://atzerinvest.blogspot.my/2017/04/geshen.html

GE-SHEN CORPORATION BERHAD (精密塑料制造商)

Core Business
Engineering Services (设计模具)-Design for manufacturability, Computer aided design, Computer aided manufacturing, Mould flow analysis
Tool Fabrication (模具加工)-CNC milling, Electric discharge machining, Wire electric discharge machining, Polishing, Grinding
Injection Moulding (注塑成型)-Thermal cycling, Multistage hydraulic core pull moulds, Over moulding, Control room moulding, High precision moulding
Secondary Processes (二次处理)- Spray Painting, Screen printing, Induction bonding, Ultrasonic welding, Heat staking

Sales Flowchart
        01 Order 订单
        02 Tooling Design 模具设计
        03 Discussion 讨论
        04 Tool Making & Testing模具制作与测试
        05 Injection modelling 注塑建模
        06 QA Inspection 检验
        07 Secondary Process 二次处理
        08 Assembly 大会
        09 Final Product 最终产品

Example: Automotive parts, Consumer electronics parts, Medical products

Management
Shareholding of Pelita Niagamas Sdn. Bhd in Ge-Shen had increased from 14.31% to 52.67%, on 11 August 2015 take-over the company. After that reduce the number of share to maintain the listing status of Ge-Shen.
        
Mr. Chan Choong Kong was appointed to the Board on 23 April 2015 as an Executive Director. On 9 September 2015, he was appointed as Joint Managing Director and was subsequently redesignated Managing Director on 29 February 2016
        
Financial Highlights
        

	2012                                                                          RM’000	2013                                                                          RM’000	2014                                                                          RM’000	2015                                                                          RM’000	2016                                                                          RM’000
Revenue	89,603	80,384	85,000	137,441	185,523
Net Profit	1,781	2,197	2,544	12,692	15,157
Profit Margin	2%	2.7%	3%	9.2%	8.17%
Dividend Yield	-	-	-	-	-

Quarterly Report Analysis
        -Revenue increase of 44% compared to the corresponding quarter last year
        -Higher revenue due to acquired Polyplas Sdn. Bhd. and increase in sales volume from certain existing customers and new customers.
        - Trade receivables 1 times compared 2015
        - Non-Current Liabilities increased 4 times compared 2015
        - Current Liabilities increased 1 times compared 2015
        - (Cash +  Trade receivables) < Current Liabilities

Segmental Information
        
Business Prospect
-Proposed establishment and implementation of an Employees’ Share Option Scheme (“ESOS”) for the eligible employees and eligible Executive Directors of Ge-Shen and its subsidiaries. It is cost to the Group and dilution to existing shareholders
-Contracts being negotiated in Ringgit terms.
-Fareast imported wage-inflation and financing cost may be increased
-Having acquired land and buildings in our subsidiaries in Ge-Shen Plastic Sdn Bhd in Johor, Malaysia and Ge-Shen Vietnam Co. Ltd in Hai Phuong, Vietnam (which were both completed in 4Q2016). After completion of manufacture facilities will be implemented to generate revenues.
-RM44.5 million to deployed for capital expenditure (CAPEX) to increase its manufacturing capacity and capabilities

History
-May 2015, acquisition of 75% equity interest in Polyplas Sdn. Bhd. for a total consideration of RM33,756,253. (47% is funded by internal fund and 53% proceeds from issuance of the Redeemable Convertible Preference Shares)
- May 2015, disposal of the loss making subsidiaries
-September 2016, acquired the remaining 25% equity interest in Polyplas Sdn. Bhd.
-September 2016, acquired 70% equity interest in Demand Options Sdn. Bhd, remaining 30% will acquired after 3 year. Helping Tool Fabrication (模具加工) and reach Singapore market.
- October 2016, Acquisition of a double storey detached warehouse for a consideration of RM9.5 million from TNLOGIS, reduce rental cost.

Disadvantages
-Facing seasonality
-High gearing (debt)
-May face shortage of fund
-low profit margin

新的两间产房有助于提升盈利，收购发展导致债务过高。
Current Price 1.98
Target Price 2.30 (not include the two new land in Malaysia and Vietnam)

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2017	31 Mar 2016	31 Mar 2017	31 Mar 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	47,872	38,149	47,872	38,149
2	Profit/(loss) before tax	4,825	2,625	4,825	2,625
3	Profit/(loss) for the period	3,340	1,461	3,340	1,461
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,164	1,056	3,164	1,056
5	Basic earnings/(loss) per share (Subunit)	4.11	1.37	4.11	1.37
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 ($$)	1.1500		1.1100

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2017	30 Jun 2016	30 Jun 2017	30 Jun 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	60,361	38,212	108,233	76,361
2	Profit/(loss) before tax	5,980	3,484	10,805	6,109
3	Profit/(loss) for the period	4,168	2,152	7,508	3,613
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,032	1,848	7,196	2,904
5	Basic earnings/(loss) per share (Subunit)	4.60	2.40	8.71	3.78
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 ($$)	1.2200		1.1100

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部署GESHEN背后的操作策略与思维。

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The Edge Weekly (1185): Ge-Shen an undervalued EMS Player!