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【LIONIND 4235 交流专区】金狮工业
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发表于 11-10-2018 04:47 AM
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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 October 2018: 1. The Company acquired the entire issued share capital of Cendana Domain Sdn Bhd ("Cendana Domain") and Tahap Berkat Sdn Bhd ("Tahap Berkat") for a cash consideration of RM1.00 each;
2. Cendana Domain acquired the entire issued share capital of Cendana Aset Sdn Bhd ("Cendana Aset") for a cash consideration of RM1.00. Information on Cendana Domain, Tahap Berkat and Cendana Aset (collectively referred to as the "New Subsidiaries") are set out below: Name of Company | Date/Place of Incorporation | Issued Share Capital | Principal Activity | Cendana Domain | 23 August 2018/Malaysia | RM1.00 represented by1 ordinary share | Investment holding | Tahap Berkat | 3 October 2018/Malaysia | RM1.00 represented by1 ordinary share | Investment holding | Cendana Aset | 19 September 2018/Malaysia | RM1.00 represented by 1 ordinary share | Investment holding |
Consequent thereupon, the New Subsidiaries became wholly-owned subsidiaries of the Company.
The acquisition of the New Subsidiaries does not have a material impact on the earnings of the Group for the financial year ending 30 June 2019 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 the New Subsidiaries. |
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发表于 25-12-2018 07:35 AM
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SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2018 |
| INDIVIDUAL PERIOD | CUMULATIVE PERIOD | CURRENT YEAR QUARTER | PRECEDING YEAR
CORRESPONDING
QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD | 30 Sep 2018 | 30 Sep 2017 | 30 Sep 2018 | 30 Sep 2017 | $$'000 | $$'000 | $$'000 | $$'000 |
1 | Revenue | 926,307 | 637,312 | 926,307 | 637,312 | 2 | Profit/(loss) before tax | 20,966 | 34,039 | 20,966 | 34,039 | 3 | Profit/(loss) for the period | 19,105 | 32,599 | 19,105 | 32,599 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | 19,008 | 27,790 | 19,008 | 27,790 | 5 | Basic earnings/(loss) per share (Subunit) | 2.79 | 4.08 | 2.79 | 4.08 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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| 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 | 2.7200
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发表于 25-1-2019 08:25 AM
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Notice of Person Ceasing (Section 139 of CA 2016)LION INDUSTRIES CORPORATION BERHAD | Particulars of Substantial Securities HolderName | LEMBAGA TABUNG HAJI | Address | 201, Jalan Tun Razak
Kuala Lumpur
50400 Wilayah Persekutuan
Malaysia. | Company No. | Act 535 (Tabung Haji Act,1995) | Nationality/Country of incorporation | Malaysia | Descriptions (Class) | Ordinary Shares | Date of cessation | 28 Dec 2018 | Name & address of registered holder | Lembaga Tabung Haji201, Jalan Tun Razak,50400 Kuala Lumpur |
No of securities disposed | 44,026,800 | Circumstances by reason of which a person ceases to be a substantial shareholder | Transfer of shares to URUSHARTA JAMAAH SDN. BHD. as a result of the restructuring exercise - 44,026,800 units. | Nature of interest | Direct Interest | | Date of notice | 28 Dec 2018 | Date notice received by Listed Issuer | 28 Dec 2018 |
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发表于 30-1-2019 05:06 AM
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Type | Announcement | Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS | Description | LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by the Company of its entire 11,517,999 ordinary shares in Angkasa Amsteel Pte Ltd ("AAPL"), representing approximately 50% of the share capital of AAPL to Daehan Steel Co. Ltd. for a cash consideration of SGD26.65 million (equivalent to approximately RM80.90 million) | The Board of Directors of LICB ("Board") wishes to announce that LICB ("Vendor") had on 6 January 2019 entered into a conditional sale and purchase agreement with Daehan Steel Co. Ltd. ("Daehan Steel" or the "Purchaser") ("SPA") for the proposed disposal by the Company of its entire holding of 11,517,999 ordinary shares in AAPL representing approximately 50% of the share capital of AAPL ("Sale Shares") to Daehan Steel for a cash consideration of SGD26.65 million (equivalent to approximately RM80.90 million) ("Disposal Consideration") ("Proposed Disposal").
For the purpose of this announcement, the following exchange rates are assumed based on the exchange rate as at 31 December 2018: (a) SGD1.00: RM3.0355; and
(b) KRW1.00: RM0.0037. The full text of the announcement is attached herewith. | http://www.bursamalaysia.com/market/listed-companies/company-announcements/6029361
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发表于 4-3-2019 07:08 AM
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SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2018 |
| INDIVIDUAL PERIOD | CUMULATIVE PERIOD | CURRENT YEAR QUARTER | PRECEDING YEAR
CORRESPONDING
QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD | 31 Dec 2018 | 31 Dec 2017 | 31 Dec 2018 | 31 Dec 2017 | $$'000 | $$'000 | $$'000 | $$'000 |
1 | Revenue | 798,118 | 886,425 | 1,724,425 | 1,523,737 | 2 | Profit/(loss) before tax | -47,067 | 61,024 | -26,101 | 95,063 | 3 | Profit/(loss) for the period | -43,174 | 58,920 | -24,069 | 91,519 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -43,409 | 55,792 | -24,401 | 83,582 | 5 | Basic earnings/(loss) per share (Subunit) | -6.38 | 8.20 | -3.58 | 12.28 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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| AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | 7
| Net assets per share attributable to ordinary equity holders of the parent ($$) | 2.6900 | 2.7200
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发表于 9-4-2019 10:14 PM
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进场啦。。。。。RM0.57 |
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发表于 10-4-2019 08:08 PM
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最高 0.655。。。。 |
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发表于 11-4-2019 06:55 AM
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Type | Announcement | Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS | Description | LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by the Company of its entire 11,517,999 ordinary shares in Angkasa Amsteel Pte Ltd ("AAPL"), representing approximately 50% of the share capital of AAPL to Daehan Steel Co. Ltd. for a cash consideration of SGD26.65 million (equivalent to approximately RM80.90 million) | We refer to the announcement by the Company on 7 January 2019 in relation to the Proposed Disposal ("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 Disposal has been completed on 1 April 2019.
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发表于 16-4-2019 10:41 PM
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RM0.57.................buy............ |
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发表于 17-4-2019 08:33 PM
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发表于 30-5-2019 09:36 PM
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本帖最后由 icy97 于 31-5-2019 02:30 AM 编辑
4235 LIONIND LION INDUSTRIES CORPORATION | Quarterly rpt on consolidated results for the financial period ended 31/03/2019 | Quarter: | 3rd Quarter | Financial Year End: | 30/06/2019 | Report Status: | Unaudited | Submitted By: | | | | Current Year Quarter | Preceding Year Corresponding Quarter | Current Year to Date | Preceding Year Corresponding Period | | 31/03/2019 | 31/03/2018 | 31/03/2019 | 31/03/2018 | | RM '000 | RM '000 | RM '000 | RM '000 | 1 | Revenue | 693,366 | 919,557 | 2,417,791 | 2,443,294 | 2 | Profit/Loss Before Tax | (72,484) | 68,463 | (98,585) | 163,526 | 3 | Profit/(loss) attributable to ordinary equity holders of the parent | (72,167) | 60,675 | (96,568) | 144,257 | 4 | Net Profit/Loss For The Period | (71,195) | 62,103 | (95,264) | 153,622 | 5 | Basic Earnings/Loss Per Shares (sen) | (10.60) | 8.91 | (14.18) | 21.19 | 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) | | | 2.6000 | 2.7200 |
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发表于 29-8-2019 11:15 PM
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本帖最后由 icy97 于 30-8-2019 01:33 AM 编辑
4235 LIONIND LION INDUSTRIES CORPORATION | Quarterly rpt on consolidated results for the financial period ended 30/06/2019 | Quarter: | 4th Quarter | Financial Year End: | 30/06/2019 | Report Status: | Unaudited | Submitted By: |
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| Current Year Quarter | Preceding Year Corresponding Quarter | Current Year to Date | Preceding Year Corresponding Period |
| 30/06/2019 | 30/06/2018 | 30/06/2019 | 30/06/2018 |
| RM '000 | RM '000 | RM '000 | RM '000 | 1 | Revenue | 745,983 | 851,501 | 3,163,774 | 3,294,795 | 2 | Profit/Loss Before Tax | (53,140) | 10,948 | (151,725) | 174,474 | 3 | Profit/(loss) attributable to ordinary equity holders of the parent | (67,822) | 28,372 | (164,390) | 172,629 | 4 | Net Profit/Loss For The Period | (67,781) | 27,647 | (163,045) | 181,269 | 5 | Basic Earnings/Loss Per Shares (sen) | (9.96) | 4.17 | (24.15) | 25.36 | 6 | Dividend Per Share (sen) | 0.00 | 0.00 | 0.00 | 0.00 |
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| As At End of Current Quarter | As At Preceding Financial Year End | 7 | Net Assets Per Share (RM) |
| | 2.4900 | 2.7200 |
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发表于 21-3-2020 05:05 AM
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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 |
1 | Revenue | 656,402 | 926,307 | 656,402 | 926,307 | 2 | Profit/(loss) before tax | -109,398 | 20,966 | -109,398 | 20,966 | 3 | Profit/(loss) for the period | -110,519 | 19,105 | -110,519 | 19,105 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -110,619 | 19,008 | -110,619 | 19,008 | 5 | Basic earnings/(loss) per share (Subunit) | -16.25 | 2.79 | -16.25 | 2.79 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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| 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 ($$) | 2.2700 | 2.4600
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发表于 29-4-2020 04:34 AM
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SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2019 |
| INDIVIDUAL PERIOD | CUMULATIVE PERIOD | CURRENT YEAR QUARTER | PRECEDING YEAR
CORRESPONDING
QUARTER | CURRENT YEAR TO DATE | PRECEDING YEAR
CORRESPONDING
PERIOD | 31 Dec 2019 | 31 Dec 2018 | 31 Dec 2019 | 31 Dec 2018 | $$'000 | $$'000 | $$'000 | $$'000 |
1 | Revenue | 641,729 | 798,118 | 1,298,131 | 1,724,425 | 2 | Profit/(loss) before tax | -96,627 | -47,067 | -206,025 | -26,101 | 3 | Profit/(loss) for the period | -98,330 | -43,174 | -208,849 | -24,069 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -98,831 | -43,409 | -209,450 | -24,401 | 5 | Basic earnings/(loss) per share (Subunit) | -14.52 | -6.38 | -30.77 | -3.58 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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| AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | 7
| Net assets per share attributable to ordinary equity holders of the parent ($$) | 2.1200 | 2.4600
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发表于 17-7-2020 08:58 AM
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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 |
1 | Revenue | 555,193 | 693,366 | 1,853,324 | 2,417,791 | 2 | Profit/(loss) before tax | -55,788 | -72,484 | -261,813 | -98,585 | 3 | Profit/(loss) for the period | -56,709 | -71,195 | -265,558 | -95,264 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -57,871 | -72,167 | -267,321 | -96,568 | 5 | Basic earnings/(loss) per share (Subunit) | -8.50 | -10.60 | -39.27 | -14.18 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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| 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 ($$) | 2.0600 | 2.4600
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发表于 3-8-2020 08:55 AM
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Type | Announcement | Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS | Description | LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by Amsteel Mills Sdn Bhd, a 99% owned subsidiary of the Company, of the hot-briquetted iron ("HBI") plant and business in Labuan by disposing of the entire 100% equity interest in Antara Steel Mills Sdn Bhd ("Antara") for a cash consideration of USD128.00 million (equivalent to RM546.56 million) | The Board of Directors of LICB wishes to announce that LICB and Amsteel Mills Sdn Bhd ("AMSB" or “Seller”), a 99% owned subsidiary of the Company, had on 9 June 2020 entered into a conditional sale and purchase agreement with Esteel Enterprise Pte Ltd ("Esteel" or “Buyer”) for the proposed disposal by the Seller of its entire holding of (a) 218,010,000 ordinary shares; and (b) 30,000,000 redeemable preference shares in Antara, representing the entire 100% issued share capital of Antara to the Buyer for a cash consideration of USD128.00 million (equivalent to RM546.56 million).
The full text of the announcement is attached herewith. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3057055
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发表于 14-11-2020 08:12 AM
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Type | Announcement | Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS | Description | LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by Amsteel Mills Sdn Bhd ("AMSB" or "Seller"), a 99% owned subsidiary of the Company, of the hot-briquetted iron plant and business in Labuan by disposing of the entire 100% equity interest in Antara Steel Mills Sdn Bhd to Esteel Enterprise Pte Ltd ("Esteel" or "Buyer") for a cash consideration of USD128.00 million (equivalent to RM546.56 million) | We refer to the Company’s announcement dated 9 June 2020 (“Announcement”) in relation to the Proposed Disposal. Unless otherwise stated, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Announcement.
The Board of Directors of LICB wishes to announce that LICB and AMSB had on 24 July 2020 entered into a supplemental letter agreement with Esteel to vary and amend the existing salient terms and conditions as set out in Section 2.5(ii)(a) and Section 2.5(ii)(d) of the Announcement.
The full text of the announcement is attached herewith. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3071781
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发表于 2-1-2021 07:38 AM
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本帖最后由 icy97 于 11-8-2021 08:00 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 | $$'000 |
1 | Revenue | 465,146 | 745,983 | 2,318,470 | 3,163,774 | 2 | Profit/(loss) before tax | -129,304 | -29,460 | -391,117 | -128,045 | 3 | Profit/(loss) for the period | -130,234 | -60,837 | -395,792 | -156,101 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -135,907 | -72,167 | -403,228 | -157,253 | 5 | Basic earnings/(loss) per share (Subunit) | -19.96 | -10.60 | -59.23 | -23.10 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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| AS AT END OF CURRENT QUARTER | AS AT PRECEDING FINANCIAL YEAR END | 7
| Net assets per share attributable to ordinary equity holders of the parent ($$) | 1.8200 | 2.4600
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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 |
1 | Revenue | 710,494 | 656,402 | 710,494 | 656,402 | 2 | Profit/(loss) before tax | -12,877 | -109,398 | -12,877 | -109,398 | 3 | Profit/(loss) for the period | -34,636 | -110,519 | -34,636 | -110,519 | 4 | Profit/(loss) attributable to ordinary equity holders of the parent | -35,451 | -110,619 | -35,451 | -110,619 | 5 | Basic earnings/(loss) per share (Subunit) | -5.21 | -16.25 | -5.21 | -16.25 | 6 | Proposed/Declared dividend per share (Subunit) | 0.00 | 0.00 | 0.00 | 0.00 |
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| 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 ($$) | 1.7900 | 1.8400
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Type | Announcement | Subject | OTHERS | Description | LION INDUSTRIES CORPORATION BERHAD ("LICB" OR "COMPANY")ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.03 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD | The Board of Directors of LICB wishes to announce that Antara Steel Mills Sdn Bhd and Lion Waterway Logistics Sdn Bhd, both subsidiaries of the Company, together with Posim Marketing Sdn Bhd, a wholly-owned subsidiary of Lion Posim Berhad, which is in turn a 74% owned subsidiary of the Company (collectively, the “Secured Parties”) had on 16 December 2020 entered into a settlement cum share sale agreement (“Agreement”) with Lion Diversified Holdings Berhad (in liquidation), acting by and through the appointed liquidator, Datuk Tee Guan Pian of Suite 11.05, Level 11, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur (“LDHB”) for the settlement of the entire outstanding secured debts of approximately RM210.35 million due and owing by certain subsidiaries of LDHB to the Secured Parties for an aggregate settlement amount of approximately RM210.35 million, by way of the transfer of the 1 ordinary share in Well Morning Limited of HKD1.00 (“Well Morning”), representing 100% equity interest in Well Morning (“Well Morning Share”) held by LDHB to the Secured Parties in the agreed proportion as stated in the announcement attached herewith (“Agreed Proportion”) where the Secured Parties have agreed to settle and transfer the Well Morning Share on an “as is where is” basis in the Agreed Proportion, in accordance with the provisions of the Agreement.
The full text of the announcement is attached herewith. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3114287
Type | Announcement | Subject | OTHERS | Description | LION INDUSTRIES CORPORATION BERHAD ("LICB" OR "COMPANY")ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.03 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD | We refer to the announcement by the Company on 16 December 2020 in relation to the Proposed Settlement (“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 Antara and Lion Waterway had on 30 December 2020 received a confirmation letter on the completion of the Proposed Settlement from the liquidator of LDHB. Hence, the Proposed Settlement has been completed on 30 December 2020.
Consequent thereupon, Well Morning became a subsidiary of the Company.
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发表于 13-10-2021 08:46 AM
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Type | Announcement | Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS | Description | LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by Amsteel Mills Sdn Bhd, a 99% owned subsidiary of the Company, of its entire 100% equity interest in Antara Steel Mills Sdn Bhd to Esteel Enterprise Pte Ltd | The Board of Directors of LICB (“Board”) wishes to announce that LICB and Amsteel Mills Sdn Bhd (“AMSB” or “Seller”), a 99% owned subsidiary of the Company, had on 11 October 2021 entered into a conditional sale and purchase agreement with Esteel Enterprise Pte Ltd (“Esteel” or “Buyer”) (“Agreement”) for the following:
(a) the proposed disposal by the Seller of its entire holding of (i) 218,010,000 ordinary shares; and (ii) 30,000,000 redeemable preference shares in Antara, representing the entire 100% issued share capital of Antara (“Sale Shares”) for the aggregate cash consideration of USD122 million (equivalent to RM509.96 million) and USD Equivalent of Cash-In-Company made up as follows:
(i) USD114.80 million (equivalent to approximately RM479.86 million) plus USD Equivalent of Cash-In-Company for the entire 218,010,000 Ordinary Shares; and
(ii) USD7.20 million (equivalent to approximately RM30.10 million) for the entire 30,000,000 Preference Shares.
The consideration for the 30,000,000 Preference Shares shall be fixed at USD7.20 million (equivalent to approximately RM30.10 million) and any difference between the Adjusted Consideration and the Disposal Consideration shall be allocated towards the purchase consideration of the 218,010,000 Ordinary Shares.
(b) the Buyer agreed to pay the Additional Consideration to the Seller for the acquisition of the Extra Assets (being the Labuan Inventory, the Labuan Current Assets and the Labuan Account Receivables) and assumption of the Liabilities.
(c) consequent to the preceding paragraph (b), the Disposal Consideration shall be adjusted on the Completion Date based on the agreed formula as set out in Appendix II of this announcement (“Adjusted Consideration”).
Unless otherwise stated, the abbreviations and definitions used throughout this announcement shall have the same meanings as those defined in Appendix I of this announcement.
The full text of the announcement is attached herewith. | https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3200012
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发表于 13-11-2021 08:58 AM
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Type | Announcement | Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS | Description | LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by Amsteel Mills Sdn Bhd, a 99% owned subsidiary of the Company, of its entire 100% equity interest in Antara Steel Mills Sdn Bhd to Esteel Enterprise Pte Ltd ("Proposed Disposal") | Reference is made to the Company’s announcement dated 12 October 2021 (“First Announcement”) in relation to the Proposed Disposal. Unless otherwise stated, the abbreviations and defined terms used throughout this announcement shall have the same meanings as those previously defined in the First Announcement.
The Board of Directors of LICB wishes to announce that LICB and AMSB had on 28 October 2021 entered into a supplemental letter agreement with Esteel to amend certain terms of the Agreement in respect of the Proposed Disposal (“Proposed Amendment”) as detailed in Section 2 of this announcement.
The full text of the announcement is attached herewith.
| https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3204793
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