【CHINHIN 5273 交流专区】

icy97

CHIN HIN GROUP 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% of the issued shares of Chin Hin Group Berhad
No. of shares issued under this corporate proposal	13,500,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   1.3000
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	556,388,000
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 318,594,000.000
Listing Date	26 Sep 2017

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	CHIN HIN GROUP BERHAD - Proposed Subscription of Shares in Diva Victory Sdn. Bhd.
The Board of Directors of Chin Hin Group Berhad (“Chin Hin” or “the Company”) wishes to announce that Starken AAC Sdn. Bhd. (“Starken”), a wholly-owned subsidiary of the Company, had on 25 September 2017, entered into a Shareholders Agreement (“Agreement”) with Chan Wai Heng, to subscribe for 2,100,000 million new ordinary shares at RM1.00 each in Diva Victory Sdn. Bhd. (“DVSB”), for a total consideration of RM2,100,000 only, subject to the terms and conditions of the Agreement (“Proposed Subscription”). Further details of the Proposed Subscription are set out in the attachment herein. This announcement is dated 25 September 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5552685

Attachments CHGB-Proposed Subscription.pdf

哭哭鸟

CHINHIN(5273)振兴集团-侵略性扩张能否带来净利成长？
2017年10月8日星期日
http://wesharenwetrade.blogspot.my/2017/10/chinhin5273.html

如果有稍微留意CHINHIN新闻的读者们，都知道CHINHIN是一家作风相当积极，侵略性扩张的公司。侵略性扩张如果真能成效，股东们自然就笑哈哈啦。如果成果未能如预期般的好，是公司的一大风险。

不过相比起年初CHINHIN积极收购公司的报导，近期CHINHIN显少浮出新闻版面，因为CHINHIN今年已经收工停止收购的脚步。

让笔者总结CHINHIN过去一年的收购和其成效。

上市后的收购成效检测 （只计收购新公司，买地设厂扩充业务不计在内）
1. 防火门生意
收购价： RM 17.1million
税前盈利贡献：RM2.3million (2017年上半年为止)
Profit guarantee：年均税前盈利RM3million
2017年3月31日完成收购，在2017年上半年贡献RM2.3million的税前盈利，即使保持此盈利水平，P/E只有4.98，是不错的收购。

2. 聚合物混凝土导管Concrete pipes
收购价： RM 35million
税前盈利贡献：不详
Profit guarantee：年均税后净利RM6million
2017年4月3日完成收购，其净利估计已计入集团的账簿，应该是计入现有的AAC与precastconcrete的业务，因此无法得知其贡献占多少。不过此收购应该是值得的，因为其profit guarantee有RM6million，而且近期CHINHIN在privateplacement私下集资中拨出RM2.7million扩充产能，预计在2018年上半年完成，一旦完成可让产能翻倍！！

3. 太阳能业务
收购价： RM 24.8million
税前盈利贡献：未知
Profit guarantee：年均税后净利RM10million
2017年8月24日完成收购，只收购45%的股权，因此不属于CHINHIN的子公司，且看这项收购能否带来实在的盈利贡献。

4. 未知
虽然今年的收购计划已停止，但明年以后都可能有新收购，CHINHIN在privateplacement 私下集资中拨出RM10.0million支撑未来的扩充计划。

随着这些收购，CHINHIN涉及的业务及产品种类更为广泛。

好，接下来说说本季度的表现。不是第三季度哦，而是八月出炉第二季度季报。笔者姗姗来迟送上季报分析，不过迟到好过没到是吧？读者们别见怪呀。

业务表现
“旧”业务 – 2012年前就持有的业务，目前此行业发展有点下滑的趋势。
“新”业务 – 2012年后才持有的业务，目前此行业发展处于上升的趋势。

“旧”业务
1. Distribution of building materials
营业额下滑19.6%的情况下，税前利润近一步下滑35.9%。

2. Ready mixed concrete
营业额下滑35.3的情况下，税前利润更下滑64.8%。

“新”业务
1. AAC & precast concrete
焦点业务：营业额成长45.3%。税前利润却翻倍成长，成长率达107.4%。税前盈利率从10.3%升至14.7%。不过还是低于行业盈利率水平，相信赚幅可进一步提升。

此业务今年也成为主要贡献的业务，占整体盈利的64%。

2. Steel mesh and metal roof system
全年营业额微升0.6%，但是连续两个季度出现亏损，本季度亏损进一步扩大至RM2.4million,相比于去年RM1.6million盈利，相差甚远，成为集团扯后腿的业务。竞争激励+销售价跌+原料价格涨的多重问题，完全感觉不到有好转的迹象。（虽然公司已表明有应对方案）

3. Fire rated door
2017年新业务，总结上半年税前盈利达RM2.3million，算是不错的收购啦。

总结2017半年财务表现
公司去年说明目标在2017盈利增加20%。转眼半年过去了，“旧”业务依旧低迷，再加上steel mesh业务扯后腿，税前盈利反而下滑9.6%。如要达到20%的成长，接下来的半年需得RM32.5million的税前盈利，看来是达标无望了。

CHINHIN private placement私下集资意外得订在RM1.30高价，使CHINHIN得以集资RM65million，比IPO集资的RM41million还要多。

虽然今年半年表现不达标，CHINHIN反而增加股息派发，派发2仙的中期股息。股价也横摆在RM1.3左右蛮久的时间了，没有因为财务表现下滑而出现大减价，看来投资者都在期待积极的扩张和收购在未来的1-2年可否换来实在的净利。

最后，送上最近笔者看到与CHINHIN有点相关的新闻，CHINHIN或许是2018年budget的间接性赢家之一。这也是笔者喜爱CHINHIN业务的原因之一，不管是哪家公司赢得建筑合约，身为一站式建材商专才的公司，将会是背后的赢家。
http://www.theedgemarkets.com/article/civil-service-construction-sector-benefit-budget-2018-%E2%80%94-analysts

icy97

icy97 发表于 26-9-2017 03:31 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5552685

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	CHIN HIN GROUP BERHAD - Proposed Subscription of Shares in Diva Victory Sdn. Bhd.
(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 25 September 2017.) Reference is made to the Company’s announcement made on 25 September 2017. The Board of Directors of Chin Hin Group Berhad (“Chin Hin” or “the Company”) wishes to announce that Starken AAC Sdn. Bhd. (“Starken”) had on 11 October 2017 subscribed for 2,100,000 new ordinary shares in Diva Victory Sdn. Bhd. (“DVSB”), for a total consideration of RM2,100,000 only, marking the completion of the Proposed Subscription. Upon completion of the Proposed Subscription, the shareholdings structure of DVSB is as follows : Shareholder Number of Shares in DVSB Percentage of Shares Starken 2,100,002 70% Chan Wai Heng 900,000 30% Total 3,000,002 100% This announcement is dated 11 October 2017.

icy97

icy97 发表于 26-9-2017 03:31 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5552685

振兴300万购混凝土资产

2017年10月14日
（吉隆坡13日讯）振兴集团（CHINHIN，5273，主板贸服股）宣布以300万令吉，收购FRUHPC概念私人有限公司（简称FRUHPC）的高性能混凝土资产。

振兴集团向交易所报备，上述合约是由子公司Diva Victory私人有限公司（简称DVSB）与FRUHPC签署。

根据文告，FRUHPC是一家大马公司，主要业务是制造及销售超高性能混凝土。

DVSB购买的产业，主要包括一个Rotoconix 1500搅拌器、一个混凝土混合湿厂、四个电动桥式起重机、软件执照、办公楼设备等，好让DVSB可以打造一个高及超高性能混凝土的制造厂。

进军产品研发

振兴集团表示，DVSB冀望通过使用高及超高性能混凝土，来进军产品研究及发展业务。

上述收购可让该公司收购必要的工具和设备，以开发和制造建筑用的高及超高性能混凝土给市场。

这也是该公司进一步扩大产品组合的策略，不仅能创造协同效应，也预计可贡献净利。

如无意外，上述交易料在末季完成。【e南洋】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	CHIN HIN GROUP BERHAD - Assets Purchase Agreement Entered with FRUHPC Concept Sdn. Bhd.
Reference is made to the Company’s announcement made on 25 September 2017. The Board of Directors of Chin Hin Group Berhad (“Chin Hin” or “the Company”) is pleased to announce that Diva Victory Sdn. Bhd. (“DVSB” or “the Purchaser”), an indirect subsidiary of the Company had on 12 October 2017 entered into an Assets Purchase Agreement (“Agreement”) with FRUHPC Concept Sdn. Bhd. (“FRUHPC” or “the Vendor”) for the acquisition of assets relating to the manufacturing of the high and ultra-high performance concrete (“Assets”) for a total cash consideration of RM3,000,000.00 only (“Purchase Consideration”) (“Proposed Acquisition”). Further details of the Proposed Acquisition are set out in the attachment herein. This announcement is dated 12 October 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5571217

Attachments CHGB-Asset Purchase Agreement.pdf

哭哭鸟

icy97

Type	Announcement
Subject	OTHERS
Description	CHIN HIN GROUP BERHAD - INCORPORATION OF NEW SUBSIDIARY COMPANY
The Board of Directors of Chin Hin Group Berhad (“Chin Hin” or “the Company”) wishes to announce that Metex Steel Sdn. Bhd. (“MSSB”), a wholly-owned subsidiary of the Company, had on 2 November 2017 incorporated a new 85% owned subsidiary company with the name “Metex Modular Sdn. Bhd.” (“MMSB”) with the registered share capital of RM100.00 only represented by 100 ordinary shares in MMSB. Upon incorporation of MMSB, the shareholding structure of MMSB are as follows : Shareholders Name No. of Shares % MSSB 85 85 Dorairaj Maran 15 15 Total 100 100 On 2 November 2017, MSSB has resolved that MSSB intended to transfer 15 shares held under their name to Dorairaj Maran. Further announcement will made to Bursa Malaysia Securities Berhad upon completion of the said transfer. The intended principal activity of MMSB is relating to the provision of design, engineering, manufacturing & construction of modular unit and Prefabricated, Prefinished Volumetric Construction (PPVC) solutions. The incorporation of MMSB is not expected to have any material effects on the earnings per share, net assets per share, gearing and share capital and substantial shareholders’ shareholdings of Chin Hin for the financial year ending 31 December 2017. The incorporation of MMSB is not subject to the approval of the shareholders of the Company. None of the Directors and major shareholders or persons connected to the Directors or major shareholders of the Company has any interests, direct or indirect, in the incorporation of MMSB. The Board of Directors of Chin Hin is of the opinion that the incorporation of MMSB is in the best interest of the Company. This announcement is dated 2 November 2017.

icy97

icy97 发表于 13-10-2017 03:07 AM
振兴300万购混凝土资产

2017年10月14日
（吉隆坡13日讯）振兴集团（CHINHIN，5273，主板贸服股）宣布以300万令吉，收购FRUHPC概念私人有限公司（简称FRUHPC）的高性能混凝土资产。

振兴集团向交易所报备， ...

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	CHIN HIN GROUP BERHAD - Assets Purchase Agreement Entered with FRUHPC Concept Sdn. Bhd.
(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 12 October 2017.) Reference is made to the Company’s announcement made on 12 October 2017. The Board of Directors of Chin Hin Group Berhad (“Chin Hin” or “the Company”) wishes to inform that the Purchase Consideration has been adjusted from RM3,000,000 to RM2,915,094.34 due to total number of tools acquired by Diva Victory Sdn. Bhd. from FRUHPC Concept Sdn. Bhd. are lesser. Further to this, the Board of Directors of Chin Hin is pleased to announce that all the Conditions Precedent for the Assets Purchase Agreement dated 12 October 2017 has been complied on 3 November 2017, marking the completion of the Proposed Acquisition. This announcement is dated 3 November 2017.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2017

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

1	Revenue	260,899	241,807	759,732	794,831
2	Profit/(loss) before tax	8,688	10,361	28,458	29,306
3	Profit/(loss) for the period	6,011	8,140	21,099	21,872
4	Profit/(loss) attributable to ordinary equity holders of the parent	6,011	8,140	21,099	21,872
5	Basic earnings/(loss) per share (Subunit)	1.17	1.66	4.11	4.45
6	Proposed/Declared dividend per share (Subunit)	0.02	0.00	0.04	0.02
		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 ($$)	0.7800		0.6600

icy97

icy97 发表于 2-4-2017 04:58 AM

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	CHIN HIN GROUP BERHAD ("CHIN HIN" OR "THE COMPANY")(A)        PROPOSED ACQUISITION OF 500,000 ORDINARY SHARES OF RM1.00 EACH IN MIDAH INDUSTRIES SDN BHD ("MIDAH") WHICH REPRESENTS THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF MIDAH; AND (B)        PROPOSED ACQUISITION OF 300,000 ORDINARY SHARES OF RM1.00 EACH IN EPIC DIVERSITY SDN BHD ("EPIC") WHICH REPRESENTS THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF EPICcollectively referred to as the "Proposed Acquisitions"
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Acquisitions. Reference is made to the Company’s announcements dated 22 September 2016, 27 September 2016 and 31 March 2017, respectively. Pursuant to the terms of the Midah SSA and the Epic SSA, the Midah Vendors and the Epic Vendors had agreed to provide the following profit guarantee to PP Chin Hin Sdn Bhd (Company No. 334885-H) (“PPCH”) : (a) profit guarantee of Profit Before Tax (“PBT”) of RM4.6 million provided by the Midah Vendors to PPCH for the financial year ending (“FYE”) 31 December 2017 (RM2.3 million) and FYE 31 December 2018 (RM2.3 million) (“Midah Financial Years Guaranteed”) (“Midah Profit Guarantee”); and (b) profit guarantee of PBT of RM1.4 million provided by the Epic Vendors to PPCH for the FYE 31 December 2017 (RM700,000) and FYE 31 December 2018 (RM700,000) (“Epic Financial Years Guaranteed”) (“Epic Profit Guarantee”). The Board of Directors of Chin Hin wishes to announce that based on the unaudited results of Midah and Epic for the financial period ended 31 October 2017, both Midah Profit Guarantee and the Epic Profit Guarantee have been fulfilled by the Midah Vendors and the Epic Vendors, respectively. Further to the above, PPCH has via its letter dated 30 November 2017 agreed to waive the requirement for Midah Vendors and the Epic Vendors to fulfill the Midah Profit Guarantee and the Epic Profit Guarantee for the FYE 31 December 2018 (“Waiver”), after taking into consideration of the following : (a) The Midah Vendors and the Epic Vendors have successfully fulfilled the Midah Profit Guarantee and the Epic Profit Guarantee for the FYE 31 December 2017; (b) PPCH will be able to attain savings on staff overheads cost of approximately RM0.86 million per annum after release the Midah Vendors and the Epic Vendors as employees of the both companies, save and except for Mr Se Kok Weng, who will continue to be employed as the General Manager for Midah and Epic; (c) PPCH has acquired the relevant knowledge and skills relating to the fire door business from the Midah Vendors and the Epic Vendors and is confident of managing Midah and Epic on their own with greater flexibility; and (d) PPCH is confident that Midah and Epic will be able to achieve the Midah Profit Guarantee and the Epic Profit Guarantee for the FYE 31 December 2018 with the existing fire door order books on hand of RM14.8 million. Following the Waiver, the Midah Retention Sum of RM4.6 million shall be released to the Midah Vendors and the Epic Retention Sum of RM1.4 million shall be released to the Epic Vendors accordingly. This announcement is dated 30 November 2017.

icy97

把家族五金店打造成建材专家
周豪俊缔最年轻安永企业家

2017年12月9日
（吉隆坡8日讯）获得2017年大马安永年度企业得奖人——振兴集团（CHINHIN，5273，主板贸服股）董事经理周豪俊，成为大马安永企业家奖有史以来最年轻的的获奖者！

现年33岁的周豪俊，是获此殊荣最年轻的一位，他同时也是新秀企业组别的得奖者。

周豪俊昨晚上台发表得奖感言时，心情难掩激动，语带哽咽感谢家人、公司团队和朋友的一路相伴。

当接受媒体访问时，他仍处于难以置信状态，并表示对获得大马安永年度企业奖感到无比光荣。

“这完全是出乎我的意料，到这一刻还是无法置信，我感到相当荣幸。”

周豪俊想将这一份荣耀献给他的祖父，是他先为家族开拓一条事业道路，让后代得以发展壮大，扩大事业版图至更广泛领域。

感激祖父开荒启发

振兴集团是家族企业，它的创业史就要从祖父那一代开始说起。周豪俊点出，从祖父经营的五金店，再经由其父亲拿督斯里周明德进军至水泥贸易业务，而在十年前公司传承到周豪俊身上时，他率领公司拓展至全新领域，涉足上游制造、下游分销和产业发展领域。

“因此，我想要将这份殊荣奉献给我的祖父，如果他不是一开始从事五金店，我不会对建材充满热情。”

“因为我生长在五金店环境，我也希望我的下一代能够为他们成长在建材工厂而感到骄傲。”

对于一路相伴的家人和公司团队，他也由衷感激。

明年赴蒙地卡罗争荣誉

明年，周豪俊将远赴蒙地卡罗，与其他60多个国家的参赛者齐聚一堂，争取第16届安永年度企业家奖的荣誉。

他说：“我会视这为人生仅有一次的学习过程，所以我会尽情享受，并尽可能从中学习。”

他还说，焦点不应只是照射在他的身上，他更想激励更多年轻人走向创业道路，而作为一位企业家，他们的责任不只有赚钱，还要为社区作出贡献。

“我的起步有点迟，17岁才开始为社区服务，因此我想要激励年轻人，只要你想改变，那就永远都不迟。”

他认为，企业家应胸怀热情，且不畏惧犯错，很多企业家都是碰了遍地钉子才得来成功，因此，他鼓励年轻人，犯错时不要轻易放弃，要坚强朝向目标前进。

振兴营收10年涨10亿

周豪俊于2007年开始接手公司事务，并在10年内将公司的营业额，从3亿提高至13亿令吉。

当年，该公司还只是一家普通水泥商，公司员工仅70人，年度营业额3亿9200万令吉。

10年后的今天，周豪俊信念坚定且热情澎湃，他勇于创新业务，成功带领公司成为我国唯一提供价值链解决方案建材公司，员工人数和营业额，增至1000人和超过13亿令吉。

于去年挂牌上市的振兴集团，周豪俊称，过去一年公司表现良好，通过资本市场和上市地位的两大平台，协助公司筹募资金进行收购计划，从而推动业务增长。

他点出，未来五至十年，该公司会继续专注在擅长的建材领域，所以，将继续为建筑和建材行业提供独特的价值。

展望2018年，他乐观认为公司能够表现优越，并指出，每个行业都会经历生命周期，取决于低潮期或高潮期，当市场处于低潮时，那么公司就要对症下药。

“因此，明年我们会针对市场情况和处境，调整公司的战略。”【e南洋】

icy97

icy97 发表于 3-11-2017 04:55 AM
On 2 November 2017, MSSB has resolved that MSSB intended to transfer 15 shares held under their name to Dorairaj Maran. Further announcement will made to Bursa Malaysia Securities Berhad upon completi ...

Type	Announcement
Subject	OTHERS
Description	CHIN HIN GROUP BERHAD - INCORPORATION OF NEW SUBSIDIARY COMPANY
Reference is made to the Company’s announcement made on 2 November 2017. The Board of Directors of Chin Hin Group Berhad (“Chin Hin” or “the Company”) wishes to announce that transfer of 15 shares from Metex Steel Sdn. Bhd. (“MSSB”) to Dorairaj Maran has completed on 12 December 2017. Upon completion of the above transfer of shares, the shareholding structure of Metex Modular Sdn. Bhd. are as follows : Shareholders Name No. of Shares % MSSB 70 70 Dorairaj Maran 30 30 Total 100 100 This announcement is dated 12 December 2017.

icy97

振兴集团获2.38亿工程
柔佛边佳兰建员工中心

2017年12月18日
（吉隆坡18日讯）振兴集团（CHINHIN，5273，主板贸服股）获颁总值2亿3830万令吉合约，为柔佛边佳兰建设综合员工中心。

振兴集团向马交所报备，子公司Metex Modular是在上周五收到来自Saujana Vision私人有限公司发来的得标信函，而工程将会需要引入预制组件系统（PMBS），为工业化建筑系统（IBS）最高水平的技术。

按照合约，公司将在明年1月1日起开始动工，工期为12个月。

根据文告，振兴集团将通过内部资金和举债来筹得相关工程的开销支出。上述合约预计将可积极贡献未来的净利和每股净资产值。

IBS商机大

振兴集团董事经理周俊豪指出，预见IBS系统会有巨大的商业潜能。

“PMBS的投资是振兴集团转型的其中一步。我们希望可从建材供应商，升格成土木和架构产品科技的创新者。”【e南洋】

Type	Announcement
Subject	OTHERS
Description	CHIN HIN GROUP BERHAD - Letter of Award
The Board of Directors of Chin Hin Group Berhad (“Chin Hin” or “the Company”) is pleased to announce that Metex Modular Sdn. Bhd. (“MMSB”), an indirect wholly-owned subsidiary of the Company, had on 15 December 2017 accepted a Letter of Award from Saujana Vision Sdn. Bhd. (“SVSB”) for the construction of an integrated workers complex with comprehensive facilities in Mukim Pengerang, Daerah Kota Tinggi, Johor for a total contract sum of RM238.3 million only for a contract period of 12 months commencing from 1 January 2018 (“the Contract”). MMSB is a private limited company incorporated in Malaysia which principally involved in the business of provision of design, engineering, manufacturing and construction of Modular unit and Prefabricated, Prefinished Volumetric Construction (PPVC) Solutions. SVSB is a private limited company incorporated in Malaysia which principally involved in the business as builders and contractors of construction works. The Contract being incurred in the ordinary course of business and is not subject to the shareholders’ approval. The Contract is not expected to have any effects on the share capital and shareholding structure of the Company.  However, it is expected to have positive contribution to the earnings per share, net assets per share and gearing of the Chin Hin group. There are no significant risks other than operational risk associated with the Contract. The Group intends to fund the Contract via internally generated funds and/ or external borrowing. None of the Directors and/or substantial shareholders of the Company or persons connected to the said Directors and/or substantial shareholders have any direct or indirect interest in the Contract. The Board of Directors, after due consideration, is of the opinion that the Contract is in the best interest of the Group. This announcement is dated 18 December 2017.

icy97

振兴集团财测上调27.6%

2017年12月20日

分析：达证券
目标价：1.49令吉

最新进展：

振兴集团（CHINHIN，5273，主板贸服股）获颁总值2亿3830万令吉合约，为柔佛边佳兰建设综合员工中心。

得标的是振兴集团持股70%的子公司Metex Modular，而工程将会需要引入预制组件系统（PMBS），为工业化建筑系统（IBS）最高水平的技术。

按照合约，公司将在明年1月1日起开始动工，工期为12个月。

行家建议：

我们正面看待振兴集团获得首个IBS相关合约一事。

这显示公司正在积极采用IBS，而这也符合政府的意向和行内的趋势。

我们预计上述工程大部分的原材料都会源自振兴集团内部，这也将有助提振公司的制作和贸易业务的订单。

假设税前盈利净赚幅为12%，上述工程预计可为公司带来1540万令吉的净利。

因此，我们上调振兴集团明年净利预测27.6%。

同时，我们也上调目标价，由之前的1.36令吉上修至1.49令吉，并重申“买入”的投资评级。



【e南洋】

icy97

Type	Announcement
Subject	OTHERS
Description	CHIN HIN GROUP BERHAD (Chin Hin or the Company) - Revaluation of Investment Properties
Pursuant to Paragraph 9.19 (46) of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad, the Board of Directors of Chin Hin (“Board”) wishes to announce that revaluation was carried out on investment properties owned by Chin Hin and its subsidiaries (“Group”). The revaluation was conducted for accounting purposes in accordance with the Malaysian Financial Reporting Standard 140: Investment Property (“MFRS 140”). The valuations were conducted by independent valuer, C H Williams Talhar & Wong Sdn. Bhd. (“Valuer”) on the Group’s investment properties held on 31 December 2017. The total market value as appraised by the Valuer on the Group’s investment properties is RM71,430,000, resulting in a total revaluation surplus of RM175,000 and total impairment loss of RM25,000 or net revaluation surplus of RM150,000. The list of revalued investment properties is attached in Appendix A. The Board had on 7 February 2018 approved the incorporation of the net revaluation surplus of RM150,000 in the financial statement of the Group for the financial year ended 31 December 2017. The net revaluation surplus would result in the Group’s consolidated net asset per share increase by approximately 0.027 sen per share. Copies of the revaluation reports are available for inspection at the registered office of Chin Hin at Suite 10.03, Level 10, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur during normal business hours on Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement. The announcement is dated 7 February 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5686525

Attachments Chin Hin - Revaluation of Properties (Appendix A).pdf

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	255,836	264,003	1,015,568	1,058,834
2	Profit/(loss) before tax	10,825	21,864	39,283	51,170
3	Profit/(loss) for the period	8,407	19,553	29,506	41,425
4	Profit/(loss) attributable to ordinary equity holders of the parent	8,540	19,553	29,639	41,425
5	Basic earnings/(loss) per share (Subunit)	1.63	3.95	5.66	8.37
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.02	0.02
		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 ($$)	0.7600		0.6600

icy97

EX-date	30 Mar 2018
Entitlement date	03 Apr 2018
Entitlement time	05:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Second Interim Single-Tier Dividend of approximately 2.6% or RM0.015 per share for the financial year ended 31 December 2017
Period of interest payment	to
Financial Year End	31 Dec 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	BOARDROOM CORPORATE SERVICES (KL) SDN BHDLot 6.05, Level 6, KPMG Tower8, First AvenueBandar Utama47800Petaling JayaTel:0377201188Fax:0377201111
Payment date	16 Apr 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	03 Apr 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.015

icy97

Name	DIVINE INVENTIONS SDN. BHD.
Address	A-1-9, Pusat Perdagangan Kuchai No. 2, Jalan 1/127 Off Jalan Kuchai Lama Kuala Lumpur 58200 Wilayah Persekutuan Malaysia.
Company No.	1119952-P
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Share

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	01 Mar 2018	20,000,000	Disposed	Direct Interest
	Name of registered holder	DIVINE INVENTIONS SDN. BHD.
	Address of registered holder	A-1-9, Pusat Perdagangan Kuchai No. 2, Jalan 1/127 Off Jalan Kuchai Lama 58200 Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposal of ordinary shares via off market transaction
Nature of interest	Direct Interest
Direct (units)	238,932,800
Direct (%)	42.94
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	238,932,800
Date of notice	05 Mar 2018
Date notice received by Listed Issuer	05 Mar 2018

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	CHIN HIN GROUP BERHAD - PROPOSED DISPOSAL OF AN INDIRECT WHOLLY-OWNED SUBSIDIARY COMPANY
The Board of Directors of Chin Hin (“Board”) wishes to announce that Chin Hin is desirous of disposing its indirect wholly-owned subsidiary company, i.e. Formino Metal Sdn. Bhd. (Company No. 1082934-A)(“FMSB”) (“Proposed Disposal”) to which the further details of the Proposed Disposal are set out in the attachment herein.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5741149

Attachments Chin Hin - Disposal of Formino Metal.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	CHIN HIN GROUP BERHAD ("CHIN HIN" OR "THE COMPANY") - PROPOSED DISPOSAL OF AN INDIRECT WHOLLY-OWNED SUBSIDIARY COMPANY
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposed Disposal. Further to the Company’s announcement made on 30 March 2018, the Board of Directors of Chin Hin wishes to announce that the Share Sale Agreement dated 30 March 2018 has been completed on 24 April 2018 in accordance with its terms and conditions, marking the completion of the Proposed Disposal. This announcement is dated 24 April 2018.