【MKH 6114 交流专区】美景控股

icy97

发附加股后股价不升．美景继续持有？

读者老黄说：美景控股（MKH，6114，主板产业组）

（1）前景如何？

（2）自从完成附加股后股价一直不上，是什么原因？

（3）这只股票值得继续持有吗？

（4）股价有被低估吗？

答：（1）根据大马投行最新于6月23日对美景控股的剖析报告，包括公司未来业务前景的评论可作为参考。

当时，该行以综合估值估价方式为准，认为美景控股的合理价为3令吉，给予“买进”评级。

美景控股是一家老牌产业发展商，拥有逾30年良好业绩纪录。该公司于2008年多元业务至油棕种植领域。除此之外，该公司也涉足其他领域，如产业投资、产业管理、建筑、家具制造及贸易等。

数计划潜在发展总值90亿

该行表示，该公司计划在2017财政年推介总值9亿4800万令吉的产业单位，特别是专注在可负担住宅计划。在2017财政年之后，该公司拥有的数项发展计划的潜在发展总值达90亿令吉。

专注可负担产业

虽然国内产业市场放缓，惟美景控股在过去3年的新产业销售能够维持在约8亿令吉水平，该行相信这是公司真正维持其核心业务，特别是专注在可负担产业。

该公司是在2008年进军油棕种植业务，当年在印尼东加里曼丹收购1万6000公顷的种植地（90年契约），目前已增加至1万8388公顷土地以种植油棕。该公司的油棕树在2017及2018年达到黄金树龄，预料其鲜果串及原棕油回酬率在未来数年有望改善。

翻开美景控股最近5年的业绩表现纪录，营业额复合平均成长率达到32.8%，而营运盈利的复合平均成长率则达到52.3%、净利复合平均成长率则为40.1%。该行认为，在获得强劲管理层作为后盾，相信该公司未来有望保持亮眼表现。

发附加股送红股
票增加影响涨势

（2）该公司以10配1比例发售附加股之外，另外还派送红股，即每认购1股附加股将送2股红股。所以在完成附加股及红股计划后，公司股票数目或流通量增加，加上股价之前已扬升，在套利套现的情况下欲振乏力，相信是股价一直不上的原因之一。

（3）值不值得持有，上述（1）答案可供参考外，这里再看看最新业绩。

截至2017年3月31日为止第二季业绩较逊色，净利下跌至4936万8000令吉（每股净利为11.69仙），前期净利为5537万9000令吉（每股净利为13.20仙）。次季营业额为2亿7807万6000令吉，前期为3亿2223万1000令吉。

首6个月净利为9015万7000令吉（每股净利为21.34仙），前期净利为1亿1694万9000令吉（每股净利为27.88仙）。

该公司每股资产值为3令吉17仙。

若是每股净利年度化，将可计算本益比估值。

当时该公司认为，截至2017年9月30日财政年的全年业绩表现将令人满意。

（4）大马投行给予的未来12个月目标价为3令吉，加上述的最新业绩表现一些资料作参考，自行决定是否被低估。

文章来源：
星洲日报‧投资致富‧投资问诊‧文：李文龙‧2017.07.23

icy97

外汇亏损．美景第三季赚3418万

（吉隆坡25日讯）建筑订单与房产计划完成影响进账和外汇亏损拖累，美景控股（MKH,6114,主板产业组）截至2017年6月30日第三季净利挫9.36%，至3418万3000令吉，导致首9个月净利跌19.61%，至1亿2434万令吉。

该公司次季营业额挫4.73%，至2亿6875万1000令吉，首9个月营业额亦跌7.22%，至8亿零785万2000令吉。

该公司发文告指出，第三季建筑计划完成，Boulevard、Pelangi Heights和加影东第四区计划前季交货，加上种植业务出现500万令吉外汇亏损（前期外汇收益500万令吉）拖低盈利。

首9个月则受建筑与产业营业额挫15.68%，至5亿2330万令吉；税前盈利挫19.76%，至1亿2020万令吉。棕油业务营收增长32.17%，至2亿零460万令吉，却受前期3190万令吉外汇收益影响，反使首9个月税前盈利跌46.7%，至2750万令吉。

至于酒店与产业管理税前盈利微扬2.2%，至920万令吉；贸易跌5.71%，至350万令吉；制造业务挫40%，至90万令吉。

截至第三季，已锁定未进账销售达6亿8870万令吉，主要由现进行的多项计划贡献。

文章来源：
星洲日报／财经‧2017.08.26

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	268,751	282,095	807,852	870,691
2	Profit/(loss) before tax	50,095	62,638	176,346	228,097
3	Profit/(loss) for the period	33,356	40,081	123,472	164,200
4	Profit/(loss) attributable to ordinary equity holders of the parent	34,183	37,715	124,340	154,664
5	Basic earnings/(loss) per share (Subunit)	6.45	7.36	23.46	30.18
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	7.00	7.00
		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 ($$)	2.6200		2.5300

icy97

Expiry/Maturity of the securities

MKH BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Type Of Expiry	Expiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion price	Cash
Exercise/ Strike/ Conversion Price	Malaysian Ringgit (MYR) 1.5500
Exercise/ Conversion Ratio	1:1
Settlement Type / Convertible into	Physical (Shares)
Last Date & Time of Trading	12 Dec 2017 05:00 PM
Date & Time of Suspension	13 Dec 2017 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c	21 Dec 2017 04:00 PM
Date & Time of Expiry	29 Dec 2017 05:00 PM
Date & Time for Delisting	02 Jan 2018 09:00 AM

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5586213

Attachments MKH Berhad - Notice to Warrant Holders in relation to the Expiry and Last Date for exercise of warrants.pdf

icy97

美景控股 捐地建育中二校

2017年10月30日
（吉隆坡30日訊）美景控股（MKH，6114，主要板房產）宣佈，捐出士毛月3塊共4.83英畝的土地，建設加影育華國民型中學二校。

該公司向馬證交所報備，旗下加影資源企業私人有限公司同意捐出這4.83英畝土地，給育中二校董事局建設育中二校。

該公司指出，這是其支持教育、為加影居民牟福利的企業社會責任的一部份，且育中二校坐落在該公司，發總總值35億令吉的城鎮發展計劃加影新城（Kajang 2）和Hillpark加影。

育中二校完成后，約可容納2000名學生。【中国报财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	DONATION OF THREE PIECES OF LANDS TOTALLING APPROXIMATELY 4.83 ACRES LOCATED ALONG PERSIARAN HILLPARK, 43500 SEMENYIH, SELANGOR DARUL EHSAN (COLLECTIVELY REFERRED TO AS THE SCHOOL LAND) BY KAJANG RESOURCES CORPORATION SDN BHD, A SUBSIDIARY OF MKH BERHAD TO LEMBAGA PENGURUS SMJK YU HUA KAJANG (2) (UPON THE LEMBAGA DULY INSTITUTED) FOR THE PURPOSE OF BUILDING AND ESTABLISHING SEKOLAH MENENGAH JENIS KEBANGSAAN YU HUA KAJANG (2) ("DONATION OF THE SCHOOL LAND").
Pursuant to Paragraph 10.08(1) of the of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of MKH Berhad (“MKH”) is pleased to announce that its wholly-owned subsidiary, Kajang Resources Corporation Sdn Bhd (112681-D) (“KRC”), the registered and beneficial owner of the School Land has on even date agreed to donate the School Land to Lembaga Pengurus SMJK Yu Hua Kajang (2) (upon the lembaga duly instituted) for the purpose of building and establishing Sekolah Menengah Jenis Kebangsaan Yu Hua Kajang (2) (“SMJK Yu Hua 2”). The Kementerian Pendidikan Malaysia has on 22 May 2015 approved for a new Sekolah Menengah Jenis Kebangsaan Yu Hua Kajang (2) in Kajang (“Donation of the School Land”). Please refer to the attachment for details on the Donation of the School Land. This announcement is dated 30 October 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5586869

Attachments MKH Berhad - Donation of the School Land.pdf

icy97

销售减．外汇损．美景末季净利614万

（吉隆坡28日讯）归咎于销售减少，以及外汇亏损720万令吉，美景控股（MKH，6114，主板产业组）截至2017年9月30日第四季净利大跌87.82%，从前期的5037万7000令吉减至613万7000令吉，拖累全年净利下滑36.37%至1亿3047万7000令吉。

若扣除未兑现的外汇亏损，集团第四季税前盈利下跌64.9%至2420万令吉。

末季营业额挫33.96%至2亿6098万2000令吉，导致全年营业额下滑15.57%至10亿6883万4000令吉。

该公司发文告表示，考量产业与建筑业务将获9亿2650万令吉的未入账销售扶持、原棕油价靠稳将支撑种植业务表现，以及产业投资业务有望取得年均5%租金回酬下，董事部预期截至2018年9月30日财政年表现将令人满意。

文章来源：
星洲日报‧财经‧2017.11.29

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	260,982	395,182	1,068,834	1,265,873
2	Profit/(loss) before tax	17,007	76,572	193,353	304,669
3	Profit/(loss) for the period	4,032	49,978	127,504	214,178
4	Profit/(loss) attributable to ordinary equity holders of the parent	6,137	50,377	130,477	205,041
5	Basic earnings/(loss) per share (Subunit)	1.16	9.83	24.61	40.01
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	7.00	7.00
		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 ($$)	2.6300		2.5300

icy97

EX-date	22 Dec 2017
Entitlement date	27 Dec 2017
Entitlement time	05:00 PM
Entitlement subject	First Interim Dividend
Entitlement description	First Interim Single Tier Dividend of 5.0 sen per ordinary share
Period of interest payment	to
Financial Year End	30 Sep 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	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200 Kuala LumpurTel:03-27839299Fax:03-27839222
Payment date	11 Jan 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	27 Dec 2017
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	0.05

icy97

MKH BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Exercise of Warrants
Details of corporate proposal	Exercise of Warrants
No. of shares issued under this corporate proposal	11,101,667
Issue price per share ($$)	Malaysian Ringgit (MYR)   1.5500
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	585,691,700
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 647,104,566.980
Listing Date	27 Dec 2017

icy97

icy97 发表于 8-8-2015 06:26 AM
美景加影联营发展產业

财经  2015年08月07日
（吉隆坡7日讯）美景控股（MKH，6114，主板產业股）宣布，旗下独资子公司--Suria Villa私人有限公司，与Sim See Hua集团达成联营协议，共同发展130.05英亩的土地，作 ...

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	MKH BERHAD (MKH OR THE COMPANY OR THE GROUP) SUPPLEMENTAL JOINT VENTURE AGREEMENT BETWEEN SURIA VILLA SDN BHD AND SIM SEE HUA BROTHERS SDN BHD, SEGAMURNI CORPORATION SDN BHD AND JOINT POWER DEVELOPMENT SDN BHD
We refer to our announcement dated 7 August 2015 in relation to the above matter. The Board of Directors (“Board”) of MKH wishes to announce that Suria Villa Sdn Bhd (“SVSB” or "the Developer"), a wholly-owned subsidiary of MKH, had on 12 January 2018 entered into a Supplemental Joint Venture Agreement with Sim See Hua Brothers Sdn Bhd (“SSHBSB” or "the Landowner"), Segamurni Corporation Sdn Bhd (“SCSB” or "the Landowner") and Joint Power Development Sdn Bhd (“JPDSB” or "the Landowner") (hereinafter referred to collectively as “the Landowners”) which supplements the initial Joint Venture Agreement entered into by the Parties on 7 August 2015 for the purpose of undertaking housing and/or other types of development on approximately 130.05 acres of lands in Kajang, Selangor. Pursuant to the terms and conditions of the Supplemental Joint Venture Agreement, the Landowners agreed to extend the Schedule of Payments of the Landowners' Entitlement from 8 years to 9 years. The total Landowners' Entitlement remain unchanged.   Further details of the Revised Schedule of Payments is enclosed as Appendix A and Appendix B to this announcement. This announcement is dated 12 January 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5663649

Attachments APPENDIX A - 12012018.pdf APPENDIX B - 12012018.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	MKH BERHAD (MKH OR THE COMPANY OR THE GROUP) SUPPLEMENTAL JOINT VENTURE AGREEMENT BETWEEN SURIA VILLA SDN BHD AND SIM SEE HUA BROTHERS SDN BHD
We refer to our announcement dated 19 August 2016 in relation to the above matter. The Board of Directors (“Board”) of MKH wishes to announce that Suria Villa Sdn Bhd (“SVSB” or "the Developer"), a wholly-owned subsidiary of MKH, had on 12 January 2018 entered into a Supplemental Joint Venture Agreement with Sim See Hua Brothers Sdn Bhd (“SSHBSB” or "the Landowner") which supplements the initial Joint Venture Agreement entered into between SVSB and SSHBSB on 19 August 2016 for the purpose of undertaking housing and/or other type of development on approximately 39.12 acres of land in Kajang, Selangor. Pursuant to the terms and conditions of the Supplemental Joint Venture Agreement, SSHBSB agreed to extend the Schedule of Payments of the Landowner's Entitlement from 8 years to 9 years. The total Landowner's Entitlement remain unchanged. Further details of the Revised Schedule of Payments is enclosed as Appendix A and Appendix B to this announcement. This announcement is dated 12 January 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5663657

Attachments APPENDIX A - 12012018.pdf APPENDIX B - 12012018.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	ACQUISITION  OF A NEW SUBSIDIARY
The Board of Directors of MKH Berhad ("MKHB" orthe "Company") wishes to inform that its wholly-owned subsidiary, Kajang Resources Corporation Sdn Bhd has on 16 January 2018 acquired a new dormant company namely MKH Property Ventures Sdn Bhd ("MKH Property Ventures") for a cash consideration of RM2.00, representing 100% of the total issued shares of MKH Property Ventures ("Acquisition"). MKH Property Ventures is a company incorporated in Malaysia under the Companies Act 2016 and its principal business activity is property development. The Acquisition has no effect on the issued share capital and substantial shareholders' shareholdings of MKHB. The Acquisition has no material effect on the earnings and net assets of MKHB Group. None of the Directors and/or major shareholders of MKHB and/or persons connected with them has any interest, direct or indirect, in the Acquisition.

icy97

Type	Announcement
Subject	OTHERS
Description	ACQUISITION  OF A NEW SUBSIDIARY
The Board of Directors of MKH Berhad ("MKHB" orthe "Company") wishes to announce that the Company has on 17 January 2018 acquired a new dormant company namely Metro Readymix Sdn Bhd ("Metro Readymix") for a cash consideration of RM2.00, representing 100% of the total issued shares of Metro Readymix ("Acquisition"). Metro Readymix is a company incorporated in Malaysia under the Companies Act 2016 and its principal business activity is to manufacture and sell ready-mix concrete. The Acquisition has no effect on the issued share capital and substantial shareholders' shareholdings of MKHB. The Acquisition has no material effect on the earnings and net assets of MKHB Group. None of the Directors and/or major shareholders of MKHB and/or persons connected with them has any personal interest, direct or indirect, in the Acquisition

Tony-Pua

6114    MKH    MKH BERHAD

Quarterly rpt on consolidated results for the financial period ended 31/12/2017

Quarter: 1st Quarter Financial Year End: 30/09/2018 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 31/12/2017 31/12/2016 31/12/2017 31/12/2016 RM '000 RM '000 RM '000 RM '000 1 Revenue 194,291 261,025 194,291 261,025 2 Profit/Loss Before Tax 27,401 57,246 27,401 57,246 3 Profit/(loss) attributable to ordinary equity holders of the parent 16,634 40,789 16,634 40,789 4 Net Profit/Loss For The Period 16,877 41,476 16,877 41,476 5 Basic Earnings/Loss Per Shares (sen) 2.86 7.96 2.86 7.96 6 Dividend Per Share (sen) 5.00 7.00 5.00 7.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 2.6100 2.6200

KL月子中心

谁有出席AGM

icy97

Date of change	14 May 2018
Name	TUAN MOHAMED BIN ISMAIL
Age	78
Gender	Male
Nationality	Malaysia
Designation	Independent Director
Directorate	Independent and Non Executive
Type of change	Demised
Qualifications	Diploma in Agriculture
Working experience and occupation	The late Tuan Haji Mohamed Bin Ismail was the State Director of Lembaga Pertubuhan Peladang from 1978 to 1989. He later became the Director General of Lembaga Tembakau Negara ("LTN") from 1990 to 2000 and was the Chairman of LTN from 2001 to 2002. He was appointed to the Board of MKH Berhad on 18 March 2004 as a Non-Independent Non-Executive Director and was re-designated to Independent Non-Executive Director on 31 March 2010.
Family relationship with any director and/or major shareholder of the listed issuer	None
Any conflict of interests that he/she has with the listed issuer	None
Details of any interest in the securities of the listed issuer or its subsidiaries	6,500 MKH Berhad shares (direct interest)

icy97

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	325,487	278,076	519,778	539,101
2	Profit/(loss) before tax	41,475	69,005	68,876	126,251
3	Profit/(loss) for the period	27,427	48,640	44,304	90,116
4	Profit/(loss) attributable to ordinary equity holders of the parent	24,630	49,368	41,264	90,157
5	Basic earnings/(loss) per share (Subunit)	4.23	9.58	7.09	17.49
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	5.00	7.00
		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 ($$)	2.6000		2.6200

icy97

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	228,433	268,751	748,211	807,852
2	Profit/(loss) before tax	31,211	50,095	100,087	176,346
3	Profit/(loss) for the period	21,864	33,356	66,168	123,472
4	Profit/(loss) attributable to ordinary equity holders of the parent	22,598	34,183	63,862	124,340
5	Basic earnings/(loss) per share (Subunit)	3.88	6.45	10.97	23.46
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	5.00	7.00
		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 ($$)	2.6300		2.6200

icy97

icy97

Type	Announcement
Subject	OTHERS
Description	MKH BERHAD (50948-T) ("MKH" OR "THE COMPANY" OR "THE GROUP")- SHAREHOLDERS' AGREEMENT BETWEEN PERKASA BERNAS (M) SDN BHD, SUNWAYMAS SDN BHD AND DAKSINA HARTA SDN BHD- SHARE SALE AGREEMENT BETWEEN PERKASA BERNAS (M) SDN BHD AND SUNWAYMAS SDN BHD
The Board of Directors of MKH wishes to announce that Perkasa Bernas (M) Sdn Bhd (Company No. 350046-A) (“Perkasa”), a subsidiary of the Company has on 26 October 2018 entered into a Shareholders’ Agreement (“SA”) with SunwayMas Sdn Bhd (Company No. 130027-K) (“SunwayMas”), a subsidiary of Sunway Berhad and Daksina Harta Sdn Bhd (Company No. 915269-T)(“Daksina”) with intention to jointly develop a mixed development on the freehold land held under Geran 47813, Lot No. 1, Mukim Kajang, Daerah Ulu Langat, Negeri Selangor measuring approximately 5.28 acres (“the Land”) as well as to regulate the relationship between Perkasa and SunwayMas as the shareholders of Daksina (“Proposed Joint Venture”); and Perkasa has on even date, entered into a Share Sale Agreement (“SSA”) with SunwayMas for the acquisition of 40% equity interest equivalent to 4 ordinary shares (“Sale Shares”) in Daksina by Perkasa for a total cash consideration of Ringgit Malaysia Five Million (RM5,000,000/-) only (“Proposed Acquisition”). For further details of this announcement, please refer to the attached file. This announcement is dated 26 October 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5955717

Attachments 26102018-MKH_SA_SSA.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	MKH BERHAD (50948-T) ("MKH" OR "THE COMPANY" OR "THE GROUP")- SHAREHOLDERS' AGREEMENT BETWEEN PERKASA BERNAS (M) SDN BHD ("PERKASA"), SUNWAYMAS SDN BHD ("SUNWAYMAS") AND DAKSINA HARTA SDN BHD ("DAKSINA")- SHARE SALE AGREEMENT BETWEEN PERKASA BERNAS (M) SDN BHD AND SUNWAYMAS SDN BHD
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 26 October 2018 in relation to the Proposed Joint Venture and Proposed Acquisition. Further to MKH Berhad's announcement made on 26 October 2018 pertaining to the Proposed Joint Venture and Proposed Acquisition, the Board of Directors of MKH wishes to further clarify on the basis of the Purchase Consideration of RM5 million for the Proposed Acquisition of 40% of the share capital of Daksina. Both Perkasa and SunwayMas agree that the current market value of the Land will be 15% of the estimated gross development value of the Proposed Development of RM540 million. The Purchase Consideration was calculated based on the difference between the revalued land cost and the current net liabilities position of Daksina based on its latest audited financial statements for year ended 31 December 2017 and its latest management account dated 30 September 2018. This announcement is dated 29 October 2018.

icy97

Type	Announcement
Subject	OTHERS
Description	MKH BERHAD (50948-T) ("MKH" OR "THE COMPANY" OR "THE GROUP")- SHAREHOLDERS' AGREEMENT BETWEEN PERKASA BERNAS (M) SDN BHD ("PERKASA"), SUNWAYMAS SDN BHD ("SUNWAYMAS") AND DAKSINA HARTA SDN BHD ("DAKSINA")- SHARE SALE AGREEMENT BETWEEN PERKASA BERNAS (M) SDN BHD AND SUNWAYMAS SDN BHD
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the announcements dated 26 October 2018 and 29 October 2018 in relation to the Proposed Joint Venture and Proposed Acquisition. The Board of Directors of MKH is pleased to announce that the Proposed Acquision was completed on 9 November 2018 in accordance with the terms and conditions of the Share Sale Agreement. This announcement is dated 9 November 2018.