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楼主: icy97

【GESHEN 7197 交流专区】巨盛机构

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 楼主| 发表于 9-8-2019 07:47 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2019
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2019
30 Jun 2018
30 Jun 2019
30 Jun 2018
$$'000
$$'000
$$'000
$$'000
1Revenue
38,464
52,209
72,730
108,382
2Profit/(loss) before tax
-2,074
3,496
-6,038
5,646
3Profit/(loss) for the period
-2,157
2,749
-6,112
3,700
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,945
2,501
-5,564
3,751
5Basic earnings/(loss) per share (Subunit)
-3.17
3.25
-7.88
4.88
6Proposed/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 ($$)
1.2500
1.3200

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 楼主| 发表于 7-12-2019 08:10 AM | 显示全部楼层
icy97 发表于 9-2-2018 06:09 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5688065

Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
GE-SHEN CORPORATION BERHAD ('GE-SHEN')- PROPOSED ACQUISITION OF A PIECE OF LAND HELD UNDER H.S.(D) 6136, NO. PT: LOT 3929, MUKIM TERBAU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR DARUL TAKZIM MEASURING APPROXIMATELY 0.383 HECTARE TOGETHER WITH ONE (1) UNIT OF DETACHED FACTORY ERECTED THEREON MEASURING APPROXIMATELY 25,755 SQUARE FEET ('PROPERTY'), BY GE-SHEN PLASTIC (M) SDN. BHD. (372089-V) ('THE COMPANY'), FOR THE CONSIDERATION OF RM6,300,000.00 ('PROPOSED ACQUISITION')
The terms used herein, unless the context otherwise stated, bear the same meanings as those defined in the earlier announcements in relation to the Proposed Acquisition.

Further to the announcements made on 8 February 2018 and 12 February 2018 respectively, the Board of Directors of Ge-Shen wishes to announce that the Sale and Purchase Agreement dated 8 February 2018 has been completed on 23 October 2019 (early completion) in accordance with its terms and conditions.

This announcement is dated 29 October 2019.



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 楼主| 发表于 17-1-2020 07:38 AM | 显示全部楼层
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
1Revenue
44,194
50,788
116,924
159,171
2Profit/(loss) before tax
-792
1,733
-6,830
7,379
3Profit/(loss) for the period
-689
920
-6,801
4,620
4Profit/(loss) attributable to ordinary equity holders of the parent
-958
775
-6,522
4,526
5Basic earnings/(loss) per share (Subunit)
-1.25
1.01
-9.12
5.24
6Proposed/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 ($$)
1.2400
1.3200

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 楼主| 发表于 22-4-2020 08:34 AM | 显示全部楼层
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
1Revenue
42,063
43,176
158,987
202,346
2Profit/(loss) before tax
-3,055
154
-9,885
7,533
3Profit/(loss) for the period
-2,220
-105
-9,021
4,515
4Profit/(loss) attributable to ordinary equity holders of the parent
-2,166
-25
-8,688
4,501
5Basic earnings/(loss) per share (Subunit)
-3.46
-0.68
-12.58
4.56
6Proposed/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 ($$)
1.2400
1.3500

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 楼主| 发表于 26-5-2020 08:37 AM | 显示全部楼层
GE-SHEN CORPORATION BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?
No
Types of corporate proposal
Conversion of Preference Shares
Details of corporate proposal
Conversion of Redeemable Convertible Preference Shares
No. of shares issued under this corporate proposal
30,000,000
Issue price per share ($$)
Malaysian Ringgit (MYR)   0.6000
Par Value($$) (if applicable)

Latest issued share capital after the above corporate proposal in the following
Units
110,019,000
Issued Share Capital ($$)
Malaysian Ringgit (MYR) 63,642,936.000
Listing Date
17 Apr 2020

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 楼主| 发表于 27-5-2020 07:54 AM | 显示全部楼层
GE-SHEN CORPORATION BERHAD

Particulars of substantial Securities Holder
Name
MR CHAN CHOONG KONG
Nationality/Country of incorporation
Malaysia
Descriptions (Class)
Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of TransactionNature of Interest
115 Apr 2020
5,000,000
OthersDirect Interest
Name of registered holder
Chan Choong Kong
Address of registered holder
62A, Jalan Medang Tanduk, Bukit Bandaraya, 59100 Kuala Lumpur, Wilayah Persekutuan
Description of "Others" Type of Transaction
Conversion of RCPS
215 Apr 2020
25,000,000
OthersIndirect Interest
Name of registered holder
CIMSEC Nominees (Tempatan) Sdn. Bhd. CIMB For Pelita Niagamas Sdn. Bhd. (PB)
Address of registered holder
17th Floor, Menara CIMB, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Wilayah Persekutuan
Description of "Others" Type of Transaction
Conversion of RCPS

Circumstances by reason of which change has occurred
Conversion upon maturity of Redeemable Convertible Preference Shares ("RCPS") into new Ordinary Shares
Nature of interest
Direct and Indirect Interest
Direct (units)
5,000,000
Direct (%)
4.676
Indirect/deemed interest (units)
69,825,888
Indirect/deemed interest (%)
65.302
Total no of securities after change
74,825,888
Date of notice
17 Apr 2020
Date notice received by Listed Issuer
17 Apr 2020

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 楼主| 发表于 27-5-2020 07:54 AM | 显示全部楼层
Name
PELITA NIAGAMAS SDN. BHD.
Address
910 (Suite 1), Block B, Phileo Damansara 2,
No. 15, Jalan 16/11,
Off Jalan Damansara,
Petaling Jaya
46350 Wilayah Persekutuan
Malaysia.
Company No.
201501006889 (1132221-H)
Nationality/Country of incorporation
Malaysia
Descriptions (Class)
Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of TransactionNature of Interest
115 Apr 2020
25,000,000
OthersDirect Interest
Name of registered holder
CIMSEC Nominees (Tempatan) Sdn. Bhd. CIMB For Pelita Niagamas Sdn. Bhd. (PB)
Address of registered holder
17th Floor, Menara CIMB, Jalan Stesen Sentral 2, Kuala Lumpur Sentral, 50470 Kuala Lumpur
Description of "Others" Type of Transaction
Conversion of RCPS

Circumstances by reason of which change has occurred
Conversion upon maturity of Redeemable Convertible Preference Shares into new Ordinary Shares
Nature of interest
Direct Interest
Direct (units)
69,625,888
Direct (%)
65.115
Indirect/deemed interest (units)
0
Indirect/deemed interest (%)
0
Total no of securities after change
69,625,888
Date of notice
17 Apr 2020
Date notice received by Listed Issuer
17 Apr 2020

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 楼主| 发表于 29-8-2020 08:41 AM | 显示全部楼层
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
1Revenue
37,467
34,266
37,467
34,266
2Profit/(loss) before tax
-5,291
-3,964
-5,291
-3,964
3Profit/(loss) for the period
-5,288
-3,955
-5,288
-3,955
4Profit/(loss) attributable to ordinary equity holders of the parent
-4,917
-3,619
-4,917
-3,619
5Basic earnings/(loss) per share (Subunit)
-6.39
-4.70
-6.39
-4.70
6Proposed/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 ($$)
1.1700
1.2400

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 楼主| 发表于 23-11-2020 09:26 AM | 显示全部楼层
本帖最后由 icy97 于 14-5-2021 08:35 AM 编辑

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2020
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2020
30 Jun 2019
30 Jun 2020
30 Jun 2019
$$'000
$$'000
$$'000
$$'000
1Revenue
30,516
38,464
67,983
72,730
2Profit/(loss) before tax
242
-2,074
-5,049
-6,038
3Profit/(loss) for the period
243
-2,157
-5,045
-6,112
4Profit/(loss) attributable to ordinary equity holders of the parent
492
-1,945
-4,425
-5,564
5Basic earnings/(loss) per share (Subunit)
0.46
-3.17
-4.14
-7.88
6Proposed/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 ($$)
0.8500
1.2400





SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2020


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2020
30 Sep 2019
30 Sep 2020
30 Sep 2019
$$'000
$$'000
$$'000
$$'000
1Revenue
57,345
44,194
125,328
116,924
2Profit/(loss) before tax
2,479
-792
-2,570
-6,830
3Profit/(loss) for the period
1,952
-689
-3,093
-6,801
4Profit/(loss) attributable to ordinary equity holders of the parent
2,189
-958
-2,236
-6,522
5Basic earnings/(loss) per share (Subunit)
2.05
-1.25
-2.09
-9.12
6Proposed/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 ($$)
0.8700
1.2400

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 楼主| 发表于 5-12-2021 09:30 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2021
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2021
30 Sep 2020
30 Sep 2021
30 Sep 2020
$$'000
$$'000
$$'000
$$'000
1Revenue
51,221
57,345
181,908
125,328
2Profit/(loss) before tax
1,703
2,479
10,237
-2,570
3Profit/(loss) for the period
1,471
1,952
8,183
-3,093
4Profit/(loss) attributable to ordinary equity holders of the parent
1,302
2,189
7,695
-2,236
5Basic earnings/(loss) per share (Subunit)
1.18
2.05
6.99
-2.09
6Proposed/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 ($$)
0.9800
0.8900



Type
Announcement
Subject
OTHERS
Description
Ge-Shen Corporation Berhad ("Ge-Shen") - Press Release entitled, "GE-SHEN REPORTS EARNINGS TURNAROUND"
We are pleased to attach herewith a press release dated 11 November 2021 entitled, "GE-SHEN REPORTS EARNINGS TURNAROUND".Please refer to the attachment below.​

This announcement is dated 11 November 2021.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3208680

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 楼主| 发表于 7-3-2022 08:25 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
GE-SHEN CORPORATION BERHAD ("GSCB" OR "THE COMPANY") - PROPOSED ACQUISITION OF THE REMAINING 60% EQUITY INTEREST IN DOSB TECHNOLOGY PTE. LTD. BY DEMAND OPTIONS SDN. BHD., A SUBSIDIARY OF THE COMPANY
The Board of Directors of Ge-Shen Corporation Berhad wishes to announce that Demand Options Sdn. Bhd., a subsidiary of GSCB, had on 14 December 2021, entered into a Share Sale Agreement (“SSA”) with Har Yeow Cheong, Mok Wai Sum and Lim Ee Teow, the shareholders of DOSB Technology Pte. Ltd. (Company No. 200408747M), for the purpose of acquiring 60,000 ordinary shares, representing 60% equity interest in DTPL for a total purchase consideration of RM1,728,552/- (Ringgit Malaysia: One Million Seven Hundred and Twenty-Eight Thousand Five Hundred and Fifty-Two) only (“Proposed Shares Acquisition”), subject to the terms and conditions as stipulated in the SSA.

Please refer to the attached document for further details on the Proposed Shares Acquisition.

This announcement is dated 14 December 2021.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218583

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 楼主| 发表于 5-9-2023 07:00 AM | 显示全部楼层
GE-SHEN CORPORATION BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?
No
Types of corporate proposal
Private Placement
Details of corporate proposal
PRIVATE PLACEMENT OF UP TO 10.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF GE-SHEN CORPORATION BERHAD PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal
11,000,000
Issue price per share ($$)
Malaysian Ringgit (MYR)   1.2300
Par Value($$) (if applicable)

Latest issued share capital after the above corporate proposal in the following
Units
121,750,450
Issued Share Capital ($$)
Malaysian Ringgit (MYR) 75,932,150.130
Listing Date
05 Sep 2023


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 楼主| 发表于 8-11-2023 07:51 AM | 显示全部楼层
GE-SHEN CORPORATION BERHAD

Particulars of substantial Securities Holder
Name
FRAZEL GROUP SDN BHD
Address
728 & 729, 2nd Floor, Bangunan Peruda, Jalan Seberang Perak
Alor Setar
05400 Kedah
Malaysia.
Company No.
201601021070 (1192009-A)
Nationality/Country of incorporation
Malaysia
Descriptions (Class)
ordinary shares
Details of changes
No
Date of change
No of securities
Type of TransactionNature of Interest
113 Oct 2023
3,222,000
AcquiredDirect Interest
Name of registered holder
Phillip Nominees (Tempatan) Sdn. Bhd. pledged securities account for Frazel Group Sdn. Bhd.
Address of registered holder
B-18-6, Megan Avenue II, No. 12, Jalan Yap Kwan Seng, 50450 Kuala Lumpur.
Description of "Others" Type of Transaction
216 Oct 2023
1,950,000
AcquiredDirect Interest
Name of registered holder
TA Nominees (Tempatan) Sdn. Bhd. pledged securities for Frazel Group Sdn. Bhd.
Address of registered holder
14th Floor, Menara TA One, 22, Jalan P. Ramlee, 50250 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred
Acquisition from open market
Nature of interest
Direct Interest
Direct (units)
35,972,000
Direct (%)
29.588
Indirect/deemed interest (units)
0
Indirect/deemed interest (%)
0
Total no of securities after change
35,972,000
Date of notice
17 Oct 2023
Date notice received by Listed Issuer
17 Oct 2023


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 楼主| 发表于 5-3-2024 04:52 PM | 显示全部楼层
Type
Announcement
Subject
MULTIPLE PROPOSALS
Description
GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR THE "COMPANY")(I) PROPOSED ACQUISITION; (II) PROPOSED DIVERSIFICATION; AND(III) PROPOSED PRIVATE PLACEMENT(COLLECTIVELY, "PROPOSALS")
On behalf of the Board of Directors of Ge-Shen (“Board”), M & A Securities Sdn Bhd wishes to announce that:

(i) Ge-Shen had on 4 March 2024 entered into a conditional share sale agreement with Chai Voon Sun, Gurmakh Singh A/L Ajmer Singh and Wee Thian Song (collectively, “Vendors”) for the acquisition of 400,000 ordinary shares in Local Assembly Sdn Bhd (“Local Assembly”) (“Local Assembly Share(s)”), representing 40.0% equity interest in Local Assembly (“SSA”) (“Proposed Acquisition”) for a total cash consideration of RM48,000,000.00 (“Purchase Consideration”);

(ii) Pursuant to the Proposed Acquisition, Ge-Shen and its subsidiaries (“Ge-Shen Group” or the “Group”) will be diversifying their existing business to include the business of electronic manufacturing services (“EMS”) (“Proposed Diversification”); and

(iii) Ge-Shen proposes to undertake a private placement involving up to 39,478,700 ordinary shares in Ge-Shen (“Ge-Shen Shares”) (“Placement Shares”) representing not more than 30% of the issued ordinary shares of the Company (excluding treasury shares) (“Proposed Private Placement”).

Please refer to the attachment for full details of the Proposals.

This announcement is dated 4 March 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3427988

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 楼主| 发表于 5-3-2024 05:07 PM | 显示全部楼层
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 楼主| 发表于 8-3-2024 03:01 AM | 显示全部楼层
Type
Announcement
Subject
MULTIPLE PROPOSALS
Description
GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR THE "COMPANY")(I) PROPOSED ACQUISITION; (II) PROPOSED DIVERSIFICATION; AND(III) PROPOSED PRIVATE PLACEMENT(COLLECTIVELY, "PROPOSALS")
Abbreviations used herein shall, unless otherwise redefined, mean the same as those defined in the Company’s announcement dated 4 March 2024 (“Announcement”).

Further to the Announcement, on behalf of the Board, M&A Securities wishes to announce that the Board intends to clarify that the Company is not involved, and thus not privy to the share sale agreement between LTKM Berhad (“LTKM”) and the Vendors, Divine Inventions and Proven Venture (collectively, the “Local Assembly Vendors”) dated 8 April 2022 (“Terminated SSA”). The Terminated SSA was for the acquisition of 1,000,000 ordinary shares in Local Assembly representing 100% equity interest in Local Assembly for a total purchase consideration of RM336.00 million to be satisfied by cash in the amount of RM100.00 million and issuance of 393,333,333 new ordinary shares in LTKM at an issue price of RM0.60 each (“Terminated Exercise”). Subsequently, LTKM and the Local Assembly Vendors had on 5 October 2023 entered into a termination letter agreement to mutually terminate the Terminated SSA.

Please refer to the attachment for further information on the Proposals.

This announcement is dated 7 March 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3428862

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 楼主| 发表于 12-3-2024 04:12 PM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR "THE COMPANY")- PROPOSED DISPOSAL OF 910,000 ORDINARY SHARES IN DEMAND OPTIONS SDN BHD ("TARGET COMPANY"), REPRESENTING 70% OF THE ENTIRE EQUITY INTEREST IN THE TARGET COMPANY
The Board of Directors of the Company wishes to announce that the Company, had on 11 March 2024 entered into a binding term sheet with Har Yeow Cheong and Mok Wai Sum (collectively, “Purchasers”) for the proposed disposal of 70% equity interest in the Target Company comprising 910,000 ordinary shares to the Purchasers for a total cash consideration of RM15,000,000.00 only (“Proposed Disposal”).Upon completion of the Proposed Disposal, the Target Company will cease to be a subsidiary of the Company.

Details of the Proposed Disposal are set out in the attachment.

This announcement is dated 11 March 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3429759

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 楼主| 发表于 14-3-2024 11:14 PM | 显示全部楼层
Type
Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID
IQL-13032024-00002
Subject
PROPOSED DISPOSAL OF 910,000 ORDINARY SHARES IN DEMAND OPTIONS SDN BHD ("TARGET COMPANY"), REPRESENTING 70% OF THE ENTIRE EQUITY INTEREST IN THE TARGET COMPANY
Description
GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR THE COMPANY")- PROPOSED DISPOSAL OF 910,000 ORDINARY SHARES IN DEMAND OPTIONS SDN BHD ("TARGET COMPANY"), REPRESENTING 70% OF THE ENTIRE EQUITY INTEREST IN THE TARGET COMPANY
Query Letter Contents
We refer to GESHEN’s announcement dated 11 March 2024 in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:

1) The timeframe to enter into the Share Sale Agreement (“SSA”).
2) The net tangible assets of the Target Company as at 31 December 2023 that was used as the basis to derive the disposal consideration.
3) The Corporate Guarantee must be discharged on the Completion Date in compliance with Paragraph 8.23(1) of the Main Market Listing Requirements upon cessation of the Target Company from being a subsidiary of GESHEN. In this regard, please ensure the terms are updated in the Term Sheet and incorporated in the SSA.
4) The breakdown of the proceeds to be utilised for working capital and business expansion respectively.
5) The details of the Target Company’s property including the type of property, current usage and net book value based on the latest audited financial statements.
6) The rationale for granting the purchaser to pay the remaining amount of the disposal consideration of RM5,250,000 in 24 equal monthly instalments, and whether it is in the best interest of the Company.
Please refer to the attachment for further details pertaining to the Company's reply to Bursa Malaysia Securities Berhad's query letter.  

This announcement is dated 14 March 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3430710

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 楼主| 发表于 20-3-2024 01:52 AM | 显示全部楼层
本帖最后由 icy97 于 20-3-2024 02:05 AM 编辑

Type
Announcement
Subject
OTHERS
Description
Press Release: Ge-Shen strengthening its position in E&E sector via acquisitions in electronics manufacturer Amity
Please refer to the attached press release regarding the above subject matter.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3431572
Attachments




Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
GE-SHEN CORPORATION BERHAD ("GE-SHEN" OR "THE COMPANY")- PROPOSED ACQUISITIONS OF 60% EQUITY INTEREST IN AMITY RESEARCH & DEVELOPMENT SDN BHD ("ARD") AND AMITY TECHNICAL SERVICES & CONSULTANCY (M) SDN. BHD. ("ATSCM") BY GE-SHEN ("PROPOSED ACQUISITIONS")
The Board of Directors of Ge-Shen wishes to announce that the Company had on 18 March 2024 entered into the non-binding term sheet with Pak Yue Leong, Tan Chung Ken, Tan Guan Lai, Tan Khay Leang, Tan Kooi Loon and Teh Sheh Chien to negotiate with detailed terms and conditions to be contained in a definitive share sale agreement in relation to the:-

a) proposed acquisition of 60,000 existing ordinary shares representing 60% total equity interest in ARD; and

b) proposed acquisition of 300,000 existing ordinary shares representing 60% total equity interest in ATSCM

(collectively “the Proposed Acquisitions”) for a purchase consideration of RM13,500,000.00 to be fully satisfied in cash.

Upon completion of the Proposed Acquisitions, ARD and ATSCM will both become 60.0% owned subsidiaries of the Company.

Details of the Proposed Acquisitions are set out in the attachment.

This announcement is dated 18 March 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3431443
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 楼主| 发表于 28-3-2024 01:59 PM | 显示全部楼层
GE-SHEN CORPORATION BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?
No
Types of corporate proposal
ESOS
Details of corporate proposal
Exercise of options under the Employee's Share Option Scheme
No. of shares issued under this corporate proposal
2,605,500
Issue price per share ($$)
Malaysian Ringgit (MYR)   1.8000
Par Value($$) (if applicable)

Latest issued share capital after the above corporate proposal in the following
Units
125,728,700
Issued Share Capital ($$)
Malaysian Ringgit (MYR) 84,051,378.730
Listing Date
29 Mar 2024
2. Details of Corporate Proposal
Involve issuance of new type/class of securities ?
No
Types of corporate proposal
ESOS
Details of corporate proposal
Exercise of options under the Employee's Share Option Scheme
No. of shares issued under this corporate proposal
424,750
Issue price per share ($$)
Malaysian Ringgit (MYR)   0.7000
Par Value($$) (if applicable)

Latest issued share capital after the above corporate proposal in the following
Units
125,728,700
Issued Share Capital ($$)
Malaysian Ringgit (MYR) 84,051,378.730
Listing Date
29 Mar 2024


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