【HUBLINE 7013 交流专区】合利

icy97

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	HUBLINE BERHAD ("HUBLINE" OR "THE COMPANY")RIGHTS ISSUE WITH WARRANTS
We refer to the announcements dated 27 July 2018, 21 August 2018, 4 October 2018, 8 October 2018, 31 October 2018, 7 November 2018 and 8 November 2018 (“Announcements”) together with our abridged prospectus dated 22 November 2018 in relation to the Rights Issue with Warrants (“Abridged Prospectus”). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Announcements and the Abridged Prospectus. On behalf of the Board, Kenanga IB wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants as at 5.00 p.m. on Friday, 7 December 2018, the total acceptances and excess applications for the Rights Issue with Warrants were 1,417,256,368 Rights Shares with 944,837,534 Warrants C, which represents a full subscription over the total number of Rights Shares with Warrants C available for subscription under the Rights Issue with Warrants, the details of which are set out below: No. of Rights Shares % Acceptances 892,338,579 62.96 Excess applications 524,917,789 37.04 Total acceptances and excess applications 1,417,256,368 100.00 Total Rights Shares available for subscription 1,417,256,368 100.00 Total subscription 1,417,256,368 100.00 The Board reserves the right to allot any Excess Rights Shares with Warrants C on a fair and equitable basis and in such manner as they deem fit and expedient. The Board has applied the following basis and priority in allocating the Excess Rights Shares with Warrants C, in accordance with the Abridged Prospectus dated 22 November 2018: firstly, to minimise the incidence of odd lots; secondly, for allocation to Entitled Shareholders who have applied for excess Rights Shares with Warrants C, on a pro-rata basis and in board lots, calculated based on their respective shareholdings in the Company as at the Entitlement Date; thirdly, for allocation to Entitled Shareholders who have applied for excess Rights Shares with Warrants C, on a pro-rata basis and in board lots, calculated based on the quantum of their respective excess application; and finally, for allocation to the transferee(s) and/or renouncee(s) who have applied for excess Rights Shares with Warrants C, on a pro-rata basis and in board lots, calculated based on the quantum of their respective excess application. In the event there is any remaining balance of excess Rights Shares with Warrants C after the steps (i) to (iv) above have been carried out, the process in steps (ii) to (iv) above will be repeated in the same sequence again until all remaining excess Rights Shares with Warrants C have been allocated. This announcement is dated 17 December 2018.

icy97

Profile for Securities of PLC

HUBLINE BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Description	HUBLINE BERHAD ("HUBLINE" OR THE "COMPANY")ISSUANCE OF 944,837,534 FREE DETACHABLE WARRANTS ("WARRANTS C") TO THE ENTITLED SHAREHOLDERS OF HUBLINE PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,417,256,368 NEW ORDINARY SHARES EACH IN HUBLINE ("RIGHTS SHARE(S)") ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY FIVE (5) ORDINARY SHARES HELD IN HUBLINE ("HUBLINE SHARES"), TOGETHER WITH UP TO 944,837,579 WARRANTS C ON THE BASIS OF TWO (2) WARRANTS C FOR EVERY THREE (3) RIGHTS SHARES SUBSCRIBED ("RIGHTS ISSUE WITH WARRANTS")

Listing Date	21 Dec 2018
Issue Date	18 Dec 2018
Issue/ Ask Price	Not Applicable
Issue Size Indicator	Unit
Issue Size in Unit	944,837,534
Maturity	Mandatory
Maturity Date	17 Dec 2023
Revised Maturity Date
Name of Guarantor	Not Applicable
Name of Trustee	Not Applicable
Coupon/Profit/Interest/Payment Rate	Not Applicable
Coupon/Profit/Interest/Payment Frequency	Not Applicable
Redemption	Not Applicable
Exercise/Conversion Period	5.00   Year(s)
Revised Exercise/Conversion Period	Not Applicable
Exercise/Strike/Conversion Price	Malaysian Ringgit (MYR)   0.0550
Revised Exercise/Strike/Conversion Price	Not Applicable
Exercise/Conversion Ratio	1:1
Revised Exercise/Conversion Ratio	Not Applicable
Mode of satisfaction of Exercise/ Conversion price	Cash
Settlement Type/ Convertible into	Physical (Shares)

icy97

HUBLINE BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Rights Issue
Details of corporate proposal	RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,417,256,368 NEW ORDINARY SHARES IN HUBLINE BERHAD ("HUBLINE") ("RIGHTS SHARE(S)") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 5 ORDINARY SHARES HELD IN HUBLINE ("HUBLINE SHARE(S)"), TOGETHER WITH UP TO 944,837,579 FREE DETACHABLE NEW WARRANTS ("WARRANT(S) C") ON THE BASIS OF 2 WARRANTS C FOR EVERY 3 RIGHTS SHARES SUBSCRIBED, AS AT 5.00P.M. ON THURSDAY, 22 NOVEMBER 2018 AT AN ISSUE PRICE OF RM0.0370 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")
No. of shares issued under this corporate proposal	1,417,256,368
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.0370
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	3,780,030,146
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 217,396,900.600
Listing Date	21 Dec 2018

icy97

Name	IBZ CORPORATION SDN. BHD.
Address	1st Floor, Sublot 22, River Edge Commercial Centre, Jalan Tun Abdul Rahman Yaakub, Kuching 93050 Sarawak Malaysia.
Company No.	771450-T
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	18 Dec 2018	109,090,800	Others	Direct Interest
	Name of registered holder	IBZ CORPORATION SDN. BHD.
	Address of registered holder	1ST FLOOR, SUBLOT 22, RIVEREDGE COMMERCIAL CENTRE, JALAN TUN ABDUL RAHMAN YAAKUB, 93050 KUCHING, SARAWAK.
	Description of "Others" Type of Transaction	Allotment

Circumstances by reason of which change has occurred	Allotment of Rights Issue
Nature of interest	Direct Interest
Direct (units)	290,908,800
Direct (%)	7.696
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	290,908,800
Date of notice	21 Dec 2018
Date notice received by Listed Issuer	21 Dec 2018

icy97

Name	BNDM INCORPORATED HOLDINGS SDN. BHD.
Address	1ST FLOOR, C282 & 283, BLOCK C, ICOM SQUARE, JALAN PENDING, KUCHING 93450 Sarawak Malaysia.
Company No.	435833-X
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	18 Dec 2018	610,250,149	Others	Direct Interest
	Name of registered holder	BNDM INCORPORATED HOLDINGS SDN. BHD.
	Address of registered holder	1ST FLOOR, C282 & C283, BLOCK C, ICOM SQUARE, JALAN PENDING, 93450 KUCHING, SARAWAK.
	Description of "Others" Type of Transaction	Allotment

Circumstances by reason of which change has occurred	Allotment of Rights Issue
Nature of interest	Direct Interest
Direct (units)	879,965,849
Direct (%)	23.279
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	879,965,849
Date of notice	21 Dec 2018
Date notice received by Listed Issuer	21 Dec 2018

icy97

Name	BILLION POWER SDN. BHD.
Address	Lease 3815, (Lot 10914) Section 64, KTLD, Jalan Datuk Abang Abdul Rahim, Kuching 93450 Sarawak Malaysia.
Company No.	236464-V
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	18 Dec 2018	110,006,328	Others	Direct Interest
	Name of registered holder	BILLION POWER SDN. BHD.
	Address of registered holder	LEASE 3815, (LOT 10914) SECTION 64, KTLD, JALAN DATUK ABANG ABDUL RAHIM, 93450 KUCHING, SARAWAK.
	Description of "Others" Type of Transaction	Allotment

Circumstances by reason of which change has occurred	Allotment of Rights Issue
Nature of interest	Direct Interest
Direct (units)	293,350,210
Direct (%)	7.761
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	293,350,210
Date of notice	21 Dec 2018
Date notice received by Listed Issuer	21 Dec 2018

icy97

万得利船务斥1420万-购砂航空公司逾半股权
http://www.chinapress.com.my/20181223/万得利船务斥1420万-购砂航空公司逾半股权/

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	HUBLINE BERHAD ("Hubline" or "the Company")PROPOSED ACQUISITION OF 510,000 ORDINARY SHARES REPRESENTING 51% EQUITY INTEREST IN LAYANG LAYANG AEROSPACE SDN. BHD. (COMPANY NO. 243883-V) ("LLA") FOR A TOTAL PURCHASE CONSIDERATION OF RM14.198 MILLION ("PROPOSED ACQUISITION")
The Board of Directors of Hubline wishes to announce that the Company had on 21 December 2018 entered into a Share Sale Agreement with Dayang Bt. Majanga @ Mondongi (NRIC 590414-12-5632) and Johan Poong Abdullah (510916-12-5429) for the proposed acquisition of 510,000 ordinary shares in Layang Layang Aerospace Sdn Bhd (“LLA”), representing 51% equity interest in LLA for a total purchase consideration of RM 14.198 million. Please refer to the attachment for details of the Proposed Acquisition. This announcement is dated 21 December 2018

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6015157

Attachments Hubline - Proposed acquisition.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	HUBLINE BERHAD ("Hubline" or "the Company")PROPOSED ACQUISITION OF 510,000 ORDINARY SHARES REPRESENTING 51% EQUITY INTEREST IN LAYANG LAYANG AEROSPACE SDN. BHD. (COMPANY NO. 243883-V) ("LLA") FOR A TOTAL PURCHASE CONSIDERATION OF RM14.198 MILLION ("PROPOSED ACQUISITION")
Reference is made to our Announcement dated 21 December 2018 in relation to the proposed acquisition of 510,000 ordinary shares representing 51% equity interest in Layang Layang Aerospace Sdn Bhd (Company No. 243883-V) for a total purchase consideration of RM 14.198 million. Unless otherwise stated, the definitions used in this Announcement shall carry the same meanings as defined in our announcement on 21 December 2018. Please note that the following section of the Announcement has been elaborated as follows: Section 3.3 Profit Guarantee The vendors, jointly, severally and unconditionally guarantees to Hubline that the existing and identified businesses of Layang Layang Group will generate a Profit after Tax (“PAT”) of not less than RM 10.5 million in total with a minimum of RM 3.0 million profit after tax for any one year, for the financial years ending 31 December 2019, 2020 and 2021, or its equivalent 36 months (“Guarantee period”) after taking into account the intended change of financial year end to 30 September to be co-terminus with the financial year of Hubline. This Guarantee is given by the Vendors to Hubline and is supplemental to and a condition precedent under the SSA whereby Hubline has agreed to purchase and the Vendors has agreed to sell the Sale Shares on the terms and conditions therein. As a condition precedent under the SSA, a security deposit of RM 3.5 million will be left with Hubline’s solicitors as security for the Vendor’s unconditional guarantee.  This guarantee may be called upon in the event that in any one year the minimum RM 3.0 million profit guarantee is not met.  In that circumstance, Hubline will be entitled to the shortfall from this security deposit.  This will include an event whereby Layang Layang makes a loss after tax.  In such a circumstance, Hubline will be entitled to the shortfall to cover the loss plus the RM 3.0 minimum profit guarantee in that year. However, if Layang Layang is subsequently able to generate the total guaranteed sum within the three (3) year guarantee period, the whole RM 3.5 million security deposit will be returned to the vendors.  To further clarify, in the event there is an overall shortfall after three (3) years from RM 10.5 million and this shortfall is more than the security deposit of RM 3.5 million, the vendors will top up the shortfall such that the Company will receive the difference between the guaranteed PAT of RM 10.5 million and the actual PAT for the guarantee period. The remaining information contained in the Announcement dated 21 December 2018 remain unchanged. This announcement is dated 2 January 2019

icy97

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	27,982	25,225	27,982	25,225
2	Profit/(loss) before tax	89	778	89	778
3	Profit/(loss) for the period	383	1,527	383	1,527
4	Profit/(loss) attributable to ordinary equity holders of the parent	383	1,527	383	1,527
5	Basic earnings/(loss) per share (Subunit)	0.01	0.08	0.01	0.07
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0500		0.0600

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	HUBLINE BERHAD ("Hubline" or "the Company")PROPOSED ACQUISITION OF 510,000 ORDINARY SHARES REPRESENTING 51% EQUITY INTEREST IN LAYANG LAYANG AEROSPACE SDN. BHD. (COMPANY NO. 243883-V) ("LLA") FOR A TOTAL PURCHASE CONSIDERATION OF RM14.198 MILLION ("PROPOSED ACQUISITION")
Reference is made to our Announcements dated 21 December 2018 and 2 January 2019 on the above matter.  Unless otherwise stated, the definitions used in this Announcement shall carry the same meanings as defined in the said announcements. The Board of Directors of the Company wishes to announce that the consideration of RM 14.198 million had been settled on 15 May 2019, and therefore, the Proposed Acquisition of 51% in Layang Layang Aerospace Sdn Bhd was completed on 15 May 2019. Subsequent to Completion Date, Layang Layang Aerospace Sdn Bhd shall become a 51% owned subsidiary of Hubline. This announcement is dated 15 May 2019

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2019	31 Mar 2018	31 Mar 2019	31 Mar 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	24,552	22,035	52,535	47,259
2	Profit/(loss) before tax	138	337	227	1,116
3	Profit/(loss) for the period	452	318	834	1,845
4	Profit/(loss) attributable to ordinary equity holders of the parent	452	318	834	1,845
5	Basic earnings/(loss) per share (Subunit)	0.01	0.01	0.02	0.08
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0500		0.0600

icy97

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

1	Revenue	31,787	27,099	84,322	74,358
2	Profit/(loss) before tax	342	177	569	1,293
3	Profit/(loss) for the period	281	325	1,116	2,171
4	Profit/(loss) attributable to ordinary equity holders of the parent	-397	325	438	2,171
5	Basic earnings/(loss) per share (Subunit)	-0.01	0.01	0.01	0.10
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0500		0.0600

icy97

合利1637万购产业公司
https://www.enanyang.my/news/20190911/合利1637万购产业公司/

ype	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	HUBLINE BERHAD ("Hubline" or "the Company") PROPOSED ACQUISITION OF 1,500,000 ORDINARY SHARES REPRESENTING 75% EQUITY INTEREST IN ABSOLUTE PRIVILEGE SDN BHD (COMPANY NO. 877106-T) ("APSB") FOR A TOTAL PURCHASE CONSIDERATION OF RM16,365,000 ("PROPOSED ACQUISITION")
The Board of Directors ("Board") of Hubline wishes to announce that Hubline had on 11 September 2019, entered into a Shares Sale Agreement ("SSA") with Mr Pau Chiong Ching (NRIC 520603-13-5561) ("Vendor") for the proposed acquisition of 1,500,000 ordinary shares of APSB, representating 75% equity interest in APSB for a total purchase consideration of RM16,365,000 ("Proposed Acquisition"). Please refer to detailed anouncement attached. This announcement is dated 11th September 2019.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6280569

Attachments Announcement - 11.09.2019.pdf

icy97

Expiry/Maturity of the securities

HUBLINE 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) 3.1600
Exercise/ Conversion Ratio	1: 1
Settlement Type / Convertible into	Physical (Shares)
Last Date & Time of Trading	16 Oct 2019 05:00 PM
Date & Time of Suspension	17 Oct 2019 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c	25 Oct 2019 04:30 PM
Date & Time of Expiry	04 Nov 2019 05:00 PM
Date & Time for Delisting	05 Nov 2019 09:00 AM

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6297589

Attachments Hubline Berhad - Notice to Warrant A holders.pdf

icy97

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	38,457	28,189	122,779	101,979
2	Profit/(loss) before tax	440	-6,407	1,008	-5,574
3	Profit/(loss) for the period	166	-6,370	1,281	-4,528
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,041	-6,370	-603	-4,528
5	Basic earnings/(loss) per share (Subunit)	-0.03	-0.27	-0.02	-0.20
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0600		0.0600

icy97

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	35,867	27,982	35,867	27,982
2	Profit/(loss) before tax	722	89	722	89
3	Profit/(loss) for the period	139	383	139	383
4	Profit/(loss) attributable to ordinary equity holders of the parent	101	383	101	383
5	Basic earnings/(loss) per share (Subunit)	0.00	0.01	0.00	0.01
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0500		0.0500

icy97

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	36,461	24,552	72,329	52,535
2	Profit/(loss) before tax	-1,992	138	-1,270	227
3	Profit/(loss) for the period	-2,905	452	-2,766	834
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,605	452	-2,503	834
5	Basic earnings/(loss) per share (Subunit)	-0.08	0.01	-0.07	0.02
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0500		0.0500

icy97

Type	Announcement
Subject	OTHERS
Description	HUBLINE BERHAD ('HUBLINE" OR "THE COMPANY")STRATEGIC  CONSORTIUM AGREEMENT BETWEEN THE COMPANY AND MCC OVERSEAS (M) SDN. BHD. ("MCC"), A WHOLLY OWNED SUBSIDIARY OF CHINA METALLURGICAL GROUP CORPORATION ("CMGC GROUP")
The Board of Directors ("Board") of Hubline wishes to announce that Hubline  had on 17 August 2020, entered into Consortium Agreement ("Consortium Agreement") or "the Agreement") with MCC Overseas (M) Sdn. Bhd. (Company No. 239687-D) ("MCC") to establish strategic collaboration arrangement in relation to of the provision of engineering, procurement, construction and commissioning of oil and gas related infrastucture projects in Sarawak ("Project") upon such terms and subject to such conditions as may be mutually  agreed upon by the parties. (the Company and MCC to collectively referred to as the "Parties" and individually be referred to as a "Party"). Announcement details is attached.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3082527

Attachments Announcement of Consortium Agreement 27.08.2020.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	Clarification on article titled "Hubline, MCC Overseas team up for O&G jobs which was published in New Straits Times on 19 August 2020
Reference is made to our Announcement dated 27 August 2020 in relation to our Consortium Agreement (“the Agreement”) with MCC Overseas (M) Sdn Bhd (“MCC”) and in response to an article titled “Hubline, MCC Overseas team up for O&G jobs” which appeared in the Business News, New Straits Times on 19 August 2020 (“the Article”). Unless otherwise stated, the definitions used in this Announcement shall carry the same meanings as defined in our announcement on 27 August 2020. The Board of Directors (“Board”) of Hubline wishes to confirm that the Article is correct and a Consortium Agreement had been entered into with MCC.  The Company wishes to confirm that to date, no contract or projects have been secured as a result of this Agreement.  Please refer to the Company’s announcement dated 27 August 2020 for full details of the Consortium Agreement. The Board is cognisant of the need for proper dissemination of information to the public and would release announcement on Bursa on any material issue on a timely basis as required by the Main Market Listing Requirements of Bursa. This announcement is dated 27 August 2020

icy97

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	29,827	31,787	102,156	84,322
2	Profit/(loss) before tax	-8,606	342	-9,875	569
3	Profit/(loss) for the period	-10,847	281	-13,612	1,116
4	Profit/(loss) attributable to ordinary equity holders of the parent	-11,370	-397	-13,872	438
5	Basic earnings/(loss) per share (Subunit)	-0.30	-0.01	-0.36	0.01
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0500		0.0500