【LIONIND 4235 交流专区】金狮工业

哭哭鸟

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kongsenger

4235 LIONIND 金狮工业 rm 1.00 还能買吗?
2017年5月14日
http://kongsenger.blogspot.my/2017/05/4235-lionind-rm-100.html

--Lionind 4235 估计2017年6月财年可净利20 sen(eps),pe=8,股价=rm1.60
--Lionind 当全年eps=20sen,目前1元交易其本益比（pe）才5倍,明显被低估了，
同行如annjoo 在9倍交易.随着季報的報喜,股价会反应合理价值的.
--这行业正复苏，現市场投资气氛良好，股价要急下須有負面因素，而目前我看到lionind是利好展现，钢  材保護税重新延長三年，净利持续等。只是进入等侍丰收。
--中国己对许多商品有绝对的定价权，螺蚊钢就是其中一项，一帶一路下， 产能减等是支持钢价利好。看  來将有一些年的好景。
--公司于6-2-2017 止共累计37105,300股为库存.
--公司于31-12-2016 的库存有3.89亿零吉,應收款为4.4亿,長短期借贷为2.57亿,总负债为12.3亿,
现金有3.47亿,累计净利有3.88亿,总资产为30.4亿,nta=rm2.42
--公司于30-9-2016的30大股东共持有484157，000股份(67.44%),总股数为717,909m
第三大股东 Lembaga Tabung Haji  持有47,430,700 股 (6.87%),
现在(9-5-2017) 仍有44472,700股,只减少2958,000股,依然对公司有信心。

只供参考，进出自负。

Tony-Pua

钢铁业务改善．金狮工业第三季转盈
http://www.sinchew.com.my/node/1646813/

（吉隆坡25日讯）钢铁业务扭转乾坤，抵销建筑材料和产业臂膀放缓冲击，金狮工业（LIONIND,4235,主板工业产品组）截至2017年3月31日第三季成功转亏为盈，录得4876万3000令吉净利，前期为1亿1526万1000令吉净亏。

9个月净利1.017亿

9个月也成功转亏为盈，净利为1亿零171万5000令吉，前期是1亿零716万7000令吉净亏。

第三季营业额获钢铁业务提振，按年走扬8.26%至7亿5535万8000令吉，9个月营业额则提高2.56%至19亿1407万1000令吉。

该公司发文告表示，政府决定把进口钢筋和螺纹杆征收的保护关税延长3年，将为本地钢铁公司营造更公平的商业环境。

金狮多元第三季亏损收窄

另一方面，联号公司金狮多元控股（LIONDIV,2887,主板工业产品组）截至2017年3月31日第三季亏损收窄，从前期的3310万5000令吉减少至1864万8000令吉，促使9个月净亏损减至5323万5000令吉。

第三季营业额则减少8.2%至1亿零838万9000令吉，拖累9个月营业额缩水32.28%至3亿5435万1000令吉。

文章来源：
星洲日报／财经‧2017.05.26

4235    LIONIND    LION INDUSTRIES CORPORATION

Quarterly rpt on consolidated results for the financial period ended 31/03/2017

Quarter: 3rd Quarter Financial Year End: 30/06/2017 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 31/03/2017 31/03/2016 31/03/2017 31/03/2016 RM '000 RM '000 RM '000 RM '000 1 Revenue 755,358 697,721 1,914,071 1,866,241 2 Profit/Loss Before Tax 57,518 -124,246 127,275 -108,542 3 Profit/(loss) attributable to ordinary equity holders of the parent 48,763 -115,261 101,715 -107,167 4 Net Profit/Loss For The Period 51,490 -129,592 108,292 -119,621 5 Basic Earnings/Loss Per Shares (sen) 7.16 -16.45 14.64 -15.23 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) 2.5100 2.3000

Tony-Pua

金狮工业末季转盈
2017年8月31日
http://www.enanyang.my/news/20170831/金狮工业末季转盈/

（吉隆坡30日讯）金狮工业（LIONIND，4235，主板工业产品股）截至6月杪末季转亏为盈，净赚359万6000令吉或每股0.53仙，相较去年同期净亏6亿8931万令吉。

金狮工业向交易所报备，同期营业额则扬16.15%至7亿5342万1000令吉。

累计全年，该公司净赚1亿531万1000令吉，去年同期净亏7亿9647万7000令吉；营业额微涨6.07%，报26亿6749万2000令吉，归功于钢铁业务营业额上扬。

该公司指出，联号公司与联营公司亏损减少，促使公司转亏为盈。

建材需求跌

但是，其建筑材料业务营业额相比去年同期却减少47%，归咎于产业领域对建筑材料的需求走低。

金狮工业补充，钢铁领域的营运环境较严峻，主要因为原材料价格上涨和业内竞争激烈，但将对市场的改变保持警觉，以及致力改善营运表现。

4235    LIONIND    LION INDUSTRIES CORPORATION

Quarterly rpt on consolidated results for the financial period ended 30/06/2017

Quarter: 4th Quarter Financial Year End: 30/06/2017 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/06/2017 30/06/2016 30/06/2017 30/06/2016 RM '000 RM '000 RM '000 RM '000 1 Revenue 753,421 648,680 2,667,492 2,514,921 2 Profit/Loss Before Tax (19,833) (743,994) 107,442 (852,536) 3 Profit/(loss) attributable to ordinary equity holders of the parent 3,596 (689,310) 105,311 (796,477) 4 Net Profit/Loss For The Period 5,173 (786,184) 113,465 (905,805) 5 Basic Earnings/Loss Per Shares (sen) 0.53 (98.47) 15.37 (113.50) 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) 2.5100 2.3000

Tony-Pua

4235    LIONIND    LION INDUSTRIES CORPORATION

Quarterly rpt on consolidated results for the financial period ended 30/09/2017

Quarter: 1st Quarter Financial Year End: 30/06/2018 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/09/2017 30/09/2016 30/09/2017 30/09/2016 RM '000 RM '000 RM '000 RM '000 1 Revenue 637,312 514,170 637,312 514,170 2 Profit/Loss Before Tax 34,039 220 34,039 220 3 Profit/(loss) attributable to ordinary equity holders of the parent 27,790 (2,520) 27,790 (2,520) 4 Net Profit/Loss For The Period 32,599 (2,494) 32,599 (2,494) 5 Basic Earnings/Loss Per Shares (sen) 4.08 (0.36) 4.08 (0.36) 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) 2.5500 2.5100

哭哭鸟

[LIONIND 4235] 股东大会 之 班“狮”回朝
Author: zefftan   |    Publish date: Fri, 24 Nov 2017, 10:51 PM
https://klse.i3investor.com/blogs/zefftan/139319.jsp

成语“班师回朝 ” - 意思是调动出征的军队返回首都，指出征的军队胜利返回朝廷 。  
出处：元·乔孟符《两世姻缘》

LIONIND 的 AGM 应该是金狮集团里唯一带有欢乐和谐气氛的仅此一家，因为它上个财政年开始赚钱了，股价起了，股东们都开心了。



股东大会留坐在会议厅里的股东，为数居多的是竟然是比较年轻一辈的投资者，可见投资风气盛旺，也阐释了股票市场日趋成熟。
股东大会的议程如以往版一阵见血，先是corporate presentation， 然后轮到Q&A环节.
问答环节首先公司先解答 MSWG (Minority Shareholder Watching Group)预先所提问的问题。




翻译:

问：FY2017金狮工业已经开始赚钱，管理层对于钢铁部门的策略和展望
答：公司对于钢铁部门营运保持谨慎，特别是在库存管理。生产成本预计会减少，进而支配更好的盈利空间，这是因为主要通过本地买入的废钢 （可能之前有从外国进口）



问：更新 对于BANTING AMSTEEL2 和 JOHOR ANTARA的近况
答：JOHOR ANTARA已经在9月份重新投入生产， 如果市场情况好转，便会重开BANTING AMSTEEL2



问：对于公司非核心营业的展望
答：建材和机油：公司会尽其所能来维持盈利
房地产：公司会继续观望静待良机



问：对于去年注销的megasteel 烂账还收得回吗?
答：目前megasteel有在采取行动来解决债务，待市场好转方可有转机

普遍上，corporate presentation里所说的，都几乎跟年报里的没多大差别。
重头戏都押在了投资者的Q&A上：
以下是小弟所录得的一些点滴：
问：市场需求如何，会否被最近政府的高级公寓打房政策影响
答：虽然短期内政府不会再发准证给发展商开始高级公寓的建造，但是国内廉价屋子（政府的Projek Perumahan Rakyat / Pr1ma 等等）的需求预计可以抵消高级公寓带来的冲击
2017年马来西亚钢铁需求使用量大约11m MT， 有其中40-50%是钢筋

问：工厂的utilization rate 使用率
答：AMSTEEL BUKIT RAJA 90%使用率
9月重新开张的JOHOR ANTARA 30%++使用率

问：公司有没有打算利用什么方式来优化生产成本？
答：作为国内产量最大的长钢公司，公司会计划投资一座价值 超过10亿的高炉（blast furnace）， 计划在五年之内发生，对于融资方面，公司则表示这接下来几年的行情应该可以让公司获得资金+融资机会来建造高炉

问：最近石墨电极的价格飙涨，对公司的影响
答：从每吨3000USD -->每吨30000USD   所带来的影响是每吨生产成本加重RM100 +++ ， 电极使用比例是 每吨 1.4kg
确实上个季度有缺货行情，就算公司跟供应商有买卖合约依然缺货，而且要提早付款，下个月才拿到货。

问：BANTING AMSTEEL2 如果要重新启动，需要花费多少？
答：不像ANTARA,不会需要很多，因为那里的机器都很新，定期都有员工在那边start engine以保持机器不会因过长时间不使用而发生故障。BANTING的机器属于高端机器，可以制造很好素质的产品，适合汽车行业的产品

问：LABUAN HBI的表现如何
答：货物100%出口，good market position, 目前进口中东的iron ore pellet 做原料，一年大概维修一次（每次2个礼拜-4个礼拜）

问：竞争者
答：对于钢筋，除了上市公司，也来自一些小厂的竞争但是不足为患（小厂总产量大概每年200-300 吨）
钢筋最大竞争者是来自AMSTEEL BUKIT RAJA 面对面的 MASTEEL (削价竞争)，刚好上个季度原料短缺库存不足，market share 被抢掉了一些
线材竞争者则是主要来自SSTEEL 和 ANNJOO 小量

对于明年投入营业的ALLIANCE STEEL，公司则表示政府的方向其实是要ALLIANCE做出口市场, 以避免国内有恶性竞争
ALLIANCE 的长钢产品产量 足以媲美 SSTEEL (1.5m MT per annum) . 但是其主力为生产 I-beam H-beam (2m MT per annum)

问：亏钱的子公司有什么跟进吗
答：亏钱的子公司有两个, WATERWAY 和 AGRICULTURE.
WATERWAY已经impair了 RM18m, AGRICULTURE目前在洽谈出售中

问：金狮有考虑企业整合与合并吗
答："we are open for this opportunities" ， 如果政府有给incentive的话会更有利

问：公司长钢产品的product mix
答： 70%钢筋 bar / 30%线材rod ， 线材的margin会比较好

问：公司号称产能最大，但对于低库存有何见解
答：代表公司的 inventory optimization 很好  <--这个回答有点儿勉强
也说公司没有积极去抢废铁，因为会造成原料价格飙高

问：公司有考虑派发红股/dividend？
答：暂时没有考虑股息，但有一些股友有suggest 公司发bonus凭单，MD亦觉得此路可通，至于会不会实行，就拭目以待

问：PARKSON的股权有打算稀释吗？当作share dividend 派发
答：没有，钟老爷不要失去主控权

结论：
改革之路尚远，同志需多努力
基本上所问的问题都一问即答，没有看三望四，拖泥带水
整体上MD TanSri Albert Cheng 对FY18保持非常乐观的看法 , " Steel industries is very dynamic"

icy97

鍾廷森次女入董事局 金獅工業首季淨賺2779萬

2017年11月23日
（吉隆坡23日訊）金獅集團主席丹斯里鍾廷森次女鍾惠雅，入主金獅工業（LIONIND，4235，主要板工業）董事局，擔任非獨立非執行董事，即日生效。

金獅工業向馬證交所報備，現年31歲、擁有香港理工大學多媒體設計和科技高級文憑的鍾惠雅，曾在2011年任征陽集團（SUNSURIA，3743，主要板房產）旗下Sunsuria發展私人有限公司營銷執行人員一職。

她在2013年加入金獅集團房地產部門，負責大馬和柬埔寨的房地產發展業務，並自今年6月起擔任項目助理總經理。

此外，金獅工業今日晚間向馬證交所報備，因鋼鐵和建築物料部門營業額提高，使截至9月底首季營業額按年揚24%至6億3731萬令吉，轉盈至2779萬令吉，比較去年同期淨虧252萬令吉。

由於鋼鐵部門表現改善，當季營運盈利也上漲了96%至3390萬令吉。【中国报财经】

Date of change	23 Nov 2017
Name	MISS CHENG HUI YA, SERENA
Age	31
Gender	Female
Nationality	Malaysia
Designation	Director
Directorate	Non Independent and Non Executive
Type of change	Appointment
Qualifications	Higher Diploma in Multimedia Design and Technology from Hong Kong Polytechnic University
Working experience and occupation	After graduating in 2010, she joined a marketing company in Taiwan as an intern.Upon returning  to Malaysia in 2011, she started her career in the property development industry with Sunsuria Development Sdn Bhd (part of the Sunsuria Group which is listed on the Main Market of Bursa Malaysia Securities Berhad) as a Sales & Marketing Executive carrying out sales and marketing including new projects launching, roadshows and fairs. This was followed by a stint in the Projects Department with exposure to and involvement in project planning and construction of the various developments undertaken by the Sunsuria Group.Ms Cheng joined the Lion Group Property Division in 2013 and is part of the team responsible for property development in Malaysia and Cambodia. Her current portfolio as Assistant General Manager - Project since June 2017 involves property and construction business, dealing with construction and building requirements.
Directorships in public companies and listed issuers (if any)	Lion Forest Industries Berhad
Family relationship with any director and/or major shareholder of the listed issuer	Ms Cheng is the daughter of Tan Sri William H.J. Cheng, a major shareholder of the Company, and a cousin of Tan Sri Cheng Yong Kim, the Managing Director and a major shareholder of the Company.
Any conflict of interests that he/she has with the listed issuer	She does not consider herself independent in transactions where her father, Tan Sri William H.J. Cheng, a major shareholder of the Company, has interest.

wingtsubasa

金狮金狮。。。你怎么还在睡。。。
马钢飞高了，金狮你怎么还在睡。。。

Tony-Pua

wingtsubasa 发表于 21-12-2017 08:28 PM
金狮金狮。。。你怎么还在睡。。。
马钢飞高了，金狮你怎么还在睡。。。

两毛多起到RM1.40还慢啊！！

wingtsubasa

Tony-Pua 发表于 21-12-2017 09:27 PM
两毛多起到RM1.40还慢啊！！

哈哈 新手的想法。拿来跟masteel比较的关系。

icy97

icy97 发表于 13-4-2017 06:05 AM
金獅工業4500萬售巴生土地

2017年4月12日
（吉隆坡12日訊）金獅工業（LIONIND，4235，主要板工業）宣布，旗下獨資子公司擬以4500萬令吉（未含6%消費稅270萬令吉）出售巴生一塊3.23公頃地段，包括建在該地段上的 ...

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")I. Proposed sale by Lion Metal Industries Sdn Bhd of a piece of leasehold land in Klang, Selangor Darul Ehsan measuring 3.23 hectares in area together with the buildings erected thereon ("Property") to Yinson Corporation Sdn Bhd ("Yinson") for a sale consideration of RM45 million (excluding 6% Goods and Services Tax of RM2.70 million); andII. Proposed leaseback by Amsteel Mills Sdn Bhd of the Property from Yinson.
We refer to the announcement made by LICB on 12 April 2017 in relation to the Proposed Sale and Leaseback (“Earlier Announcement”). Unless otherwise stated, the definitions used throughout this announcement shall have the same meanings as defined in the Earlier Announcement. The Board of Directors of LICB wishes to announce that the Proposed Sale and Leaseback has been completed on 1 January 2018.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2017

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

1	Revenue	886,425	644,543	1,523,737	1,158,713
2	Profit/(loss) before tax	61,024	69,537	95,063	69,757
3	Profit/(loss) for the period	58,920	59,296	91,519	56,802
4	Profit/(loss) attributable to ordinary equity holders of the parent	55,792	55,472	83,582	52,952
5	Basic earnings/(loss) per share (Subunit)	8.20	8.07	12.28	7.64
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 ($$)	2.6100		2.5100

icy97

icy97

LION INDUSTRIES CORPORATION BERHAD

Particulars of substantial Securities Holder

Name	DYNAMIC HORIZON HOLDINGS LIMITED
Address	Vistra Corporate Services Centre Wickhams Cay II, Road Town Tortola VG1110 Virgin Islands, British.
Company No.	1742985
Nationality/Country of incorporation	Virgin Islands, British
Descriptions (Class)	Ordinary shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	27 Apr 2018	20,000	Others	Indirect Interest
	Name of registered holder	Lion Diversified Holdings Berhad
	Address of registered holder	Level 14 Lion Office Tower No. 1 Jalan Nagasari 50200 Kuala Lumpur Wilayah Persekutuan
	Description of "Others" Type of Transaction	Cessation
2	27 Apr 2018	20,800,000	Others	Indirect Interest
	Name of registered holder	RHB Nominees (Tempatan) Sdn Bhd OSK Capital Sdn Bhd for Lion Diversified Holdings Berhad
	Address of registered holder	Level 4, Tower Three RHB Centre Jalan Tun Razak 50400 Kuala Lumpur Wilayah Persekutuan
	Description of "Others" Type of Transaction	Cessation
3	27 Apr 2018	735,200	Others	Indirect Interest
	Name of registered holder	LDH Management Sdn Bhd
	Address of registered holder	Level 14 Lion Office Tower No. 1 Jalan Nagasari 50200 Kuala Lumpur Wilayah Persekutuan
	Description of "Others" Type of Transaction	Cessation
4	27 Apr 2018	9,200,000	Others	Indirect Interest
	Name of registered holder	RHB Nominees (Tempatan) Sdn Bhd OSK Capital Sdn Bhd for LDH Management Sdn Bhd
	Address of registered holder	Level 4, Tower Three RHB Centre Jalan Tun Razak 50400 Kuala Lumpur Wilayah Persekutuan
	Description of "Others" Type of Transaction	Cessation
5	27 Apr 2018	801,500	Others	Indirect Interest
	Name of registered holder	Lion Construction & Engineering Sdn Bhd
	Address of registered holder	Level 14 Lion Office Tower No. 1 Jalan Nagasari 50200 Kuala Lumpur Wilayah Persekutuan
	Description of "Others" Type of Transaction	Cessation

Circumstances by reason of which change has occurred	By virtue of Section 8(4)(c) of the Companies Act 2016 - Dynamic Horizon Holdings Limited ("Dynamic Horizon") ceased to hold 20% equity interest in Lion Diversified Holdings Berhad ("LDHB") (following the disposal of shares in LDHB by Dynamic Horizon) which has a substantial interest in the registered holders. Hence, Dynamic Horizon ceased to be interested in the shares held by the registered holders ("Cessation").
Nature of interest	Indirect Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	74,472,627
Date of notice	27 Apr 2018
Date notice received by Listed Issuer	27 Apr 2018

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	ACQUISITION OF SUBSIDIARIES
The Board of Directors of Lion Industries Corporation Berhad (the “Company”) wishes to announce that on 8 May 2018: (a) Crest Wonder Sdn Bhd, a wholly-owned subsidiary of the Company, acquired the entire issued share capital of Lunas Cemerlang Sdn Bhd (“Lunas Cemerlang”) for a cash consideration of RM1.00; and (b) Lunas Cemerlang acquired the entire issued share capital of Gelora Berkat Sdn Bhd (“Gelora Berkat”) for a cash consideration of RM1.00. Information on Lunas Cemerlang and Gelora Berkat are set out below Name of Company Date / Place of Incorporation Issued Share Capital Principal Activity Lunas Cemerlang 02.04.2018/ Malaysia RM1.00 comprising 1 ordinary share Investment holding Gelora Berkat 26.04.2018/ Malaysia RM1.00 comprising 1 ordinary share The company has not commenced operations Consequent thereupon, Lunas Cemerlang and Gelora Berkat became wholly-owned subsidiaries of the Company. The acquisition of Lunas Cemerlang and Gelora Berkat does not have a material impact on the earnings of the Group for the financial year ending 30 June 2018 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2017. None of the Directors and major shareholders of the Company and/or persons connected with them has any interest, direct or indirect, in the acquisition of Lunas Cemerlang and Gelora Berkat.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2018	31 Mar 2017	31 Mar 2018	31 Mar 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	919,557	755,358	2,443,294	1,914,071
2	Profit/(loss) before tax	68,463	57,518	163,526	127,275
3	Profit/(loss) for the period	62,103	51,490	153,622	108,292
4	Profit/(loss) attributable to ordinary equity holders of the parent	60,675	48,763	144,257	101,715
5	Basic earnings/(loss) per share (Subunit)	8.91	7.16	21.19	14.64
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 ($$)	2.6900		2.5100

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	LION INDUSTRIES CORPORATION BERHAD (LICB OR COMPANY)PROPOSED EXPANSION INTO THE FLAT STEEL BUSINESS THROUGH THE PROPOSED ACQUISITIONS OF FLAT STEEL ASSETS FOR THE PRODUCTION OF HOT ROLLED COILS (HRC) AND COLD ROLLED COILS (CRC) (PROPOSED EXPANSION INTO FLAT STEEL BUSINESS)
On behalf of the Board of Directors of LICB ("Board"), TA Securities Holdings Berhad ("TA Securities") wishes to announce that the Company proposes to expand into the flat steel business through the proposed acquisitions of flat steel assets with a production capacity of 3.20 million metric ton ("MT") per annum of HRC and 0.70 million MT per annum of CRC ("Flat Steel Assets"). In this regard, the Company and Megasteel Sdn Bhd ("Megasteel") had on 3 July 2018 entered into a Memorandum of Understanding ("MOU") for the following: (a) proposed acquisition by Oriental Shield Sdn Bhd ("Oriental"), a wholly-owned subsidiary of Lunas Cemerlang Sdn Bhd ("Lunas"), which in turn is a wholly-owned subsidiary of LICB, of all encumbered fixed and floating assets (including (i) land and buildings, plant and machineries and floating assets owned by Megasteel; and (ii) 500,000 ordinary shares, representing 100% equity interest in Secomex Manufacturing (M) Sdn Bhd ("Secomex"), a wholly-owned subsidiary of Megasteel ("Proposed Acquisition of Secomex") that are charged to the secured lenders of Megasteel ("Megasteel Secured Lenders") ("Megasteel Encumbered Assets" or "Encumbered Assets") from Megasteel for a purchase consideration of approximately RM537.73 million which are payable by Oriental to the Megasteel Secured Lenders ("Purchase Consideration for Encumbered Assets") ("Proposed Acquisition of Encumbered Assets"); (b) proposed assignment to Gelora Berkat Sdn Bhd ("Gelora"), a wholly-owned subsidiary of Lunas, of the benefits accruing to the Megasteel Secured Lenders for the under-secured portion debts ("Under-Secured Benefits") from the Megasteel Secured Lenders under the Secured Scheme (as defined in Section 1.1 of this announcement) for a cash consideration of RM8.50 million ("Purchase Consideration for Under-Secured Benefits") or equivalent to approximately RM0.02 for every RM1.00 debt ("Proposed Acquisition of Under-Secured Benefits"); and (c) proposed acquisition by Gelora of all the unencumbered assets of Megasteel (as detailed in Section 2.3.1 of this announcement) ("Megasteel Unencumbered Assets" or "Unencumbered Assets") for a cash consideration of approximately RM24.50 million ("Purchase Consideration for Unencumbered Assets") ("Proposed Acquisition of Unencumbered Assets"). On the same date, Oriental has also entered into a tri-partite agreement ("Tri-partite Settlement Agreement") with Tenaga Nasional Berhad ("TNB") and Megasteel for the proposed supply of electricity to LICB and its subsidiaries ("LIGB Group" or "Group") including the proposed settlement of TNB’s entire claims against Megasteel for a cash consideration of RM35.80 million ("TNB Settlement Amount") ("Proposed TNB Settlement"). The Proposed Acquisition of Encumbered Assets, the Proposed Acquisition of Under-Secured Benefits, the Proposed Acquisition of Unencumbered Assets and the Proposed TNB Settlement shall collectively be referred to as the "Proposals". Please refer to the attachment for further details on the Proposals. This announcement is dated 3 July 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5844709

Attachments LICB_Announcement 3.7.2018.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2018	30 Jun 2017	30 Jun 2018	30 Jun 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	851,501	753,421	3,294,795	2,667,492
2	Profit/(loss) before tax	10,948	-19,833	174,474	107,442
3	Profit/(loss) for the period	27,647	5,173	181,269	113,465
4	Profit/(loss) attributable to ordinary equity holders of the parent	28,372	3,596	172,629	105,311
5	Basic earnings/(loss) per share (Subunit)	4.17	0.53	25.36	15.37
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 ($$)	2.7200		2.5100