【MMM 0159 交流专区】（前名 AMEDIA ）

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ASIA MEDIA GROUP BERHAD

Date of change	27 Aug 2019
Name	DATUK PROF RAJA MUNIR SHAH BIN RAJA MUSTAPHA
Age	55
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Non Executive Director
New Position	Non Executive Chairman
Directorate	Independent and Non Executive

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ASIA MEDIA GROUP BERHAD

Date of change	24 Oct 2019
Name	MR CHONG CHOON YENG
Age	48
Gender	Male
Nationality	Malaysia
Type of change	Resignation
Designation	Chief Financial Officer
Reason	Due to internal reorganisation.

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Type	Announcement
Subject	AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING CONCERN DISCLAIMER OF OPINION
Description	ASIA MEDIA GROUP BERHAD ("AMEDIA" or "THE COMPANY")- DISCLAIMER OF OPINION ON THE AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 ("FYE 2018")
Reference is made to the Company’s announcement made on 25 October 2019. Pursuant to Paragraph 9.19(37) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”)(“Listing Requirements”), the Board of Directors of AMEDIA wishes to announce that STYL Associates PLT (LLP0019500-LCA & AF 001929), the Company’s External Auditors, had expressed an audit disclaimer of opinion in the Company’s latest Audited Financial Statements for FYE 2018. An extract of the Report relating to the above by STYL Associates PLT is annexed herewith. This announcement is dated 29 October 2019.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=2997989

Attachments Disclaimer of Opinion by Auditors.pdf

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Type	Announcement
Subject	OTHERS
Description	ASIA MEDIA GROUP BERHAD ("AMEDIA") - SIGNIFICANT VARIATION ON INTERIM FINANCIAL REPORTS FOR FOURTH QUARTER 2018 AND AUDITED FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2018
Reference made to the announcement made by AMEDIA on 25 October 2019. Pursuant to Paragraph 9.19(34) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Asia Media Group Berhad (“AMEDIA”, “the Group”) wishes to announce that the Group’s loss after taxation from continuing operations for the financial year ended 31 December 2018 (“FYE2018”) of RM26.5555 million has deviated by 734.3% from the unaudited loss after taxation from continuing operations of RM3.183 million as announced on 28 February 2019. The reconciliation of the differences is set out below: RM’000 Loss After Tax from Continuing Operations as per unaudited financial statements for FYE2018 (3,183) Add/ (less) changes recommended by auditors: i) Impairment losses on property, plant and equipment and intangible assets not taken up (17,860) ii) Provision for litigation claims (2,032) iii) Impairment losses on trade receivables and other receivables not taken up (3,008) iv) Depreciation under taken up offset by other items (472) Loss After Tax from Continuing Operations as per audited financial statements for FYE2018 (26,555) This amended announcement is dated 29 October 2019.

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Type	Announcement
Subject	AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING CONCERN DISCLAIMER OF OPINION
Description	ASIA MEDIA GROUP BERHAD ("AMEDIA" or "THE COMPANY")- DISCLAIMER OF OPINION ON THE AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 ("FYE 2018")
Pursuant to Paragraph 9.19(37) of the Bursa’s MMLR, the Board of Directors of AMGB (“the Directors”) wishes to announce the details on the Disclaimer of Opinion in the external auditors’ report for the financial year ended 31 December 2018 (“FYE2018”), and the steps proposed to be taken to address the material uncertainty related to going concern and the timeline involved as follows: A.    DISCLAIMER OF OPINION The following is an extract of the Auditors’ Report: Disclaimer of Opinion We were engaged to audit the financial statements of ASIA MEDIA GROUP BERHAD, which comprise the statements of financial position as at 31 December 2018 of the Group and of the Company, and the statements of comprehensive income, statements of changes in equity and statements of cash flows of the Group and of the Company for the financial year then ended, and notes to the financial statements, including a summary of significant accounting policies, as set out on pages 53 to 129. We do not express an opinion on the accompanying financial statements of the Group and of the Company. Because of the significance of the matters described in the Basis for Disclaimer of Opinion section of our report, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on these financial statements. Basis for Disclaimer of Opinion Material uncertainty relating to the going concern basis As disclosed in Note 2.1 to the financial statements, the financial statements of the Group and of the Company have been prepared on the assumption that the Group and the Company will continue as going concern. The application of the going concern basis is based on the assumption that the Group and the Company will be able to realise their assets and settle their liabilities in the normal course of business. 2.1   The Group and the Company incurred a net loss of RM26,554,566/- and RM17,565,828/- respectively for the financial year ended 31 December 2018. As at 31 December 2018, the current liabilities of the Group and of the Company exceeded its current assets by RM1,554,700/- and RM117,907/- respectively. The Group and the Company also recorded a deficit in shareholders’ fund of RM1,554,700/- and RM117,907/- respectively. 2.2    A listed issuer triggers any of the Prescribed Criteria in Paragraph 2.1(a) to (e) of Practice Note 17 is required to comply with the provision of Paragraph 8.04 of Chapter 8. As at date of this report, the Group and the Company reported a deficit in shareholders’ fund and issuance of emphasis of matter on the listed issuers ability to continue as a going concern, where it triggers the Prescribed Criteria in Paragraph 2.1(a) and (e) of Practice Note 17. 2.3   There exists material uncertainty on the outcome of the Group’s legal suits with several Plaintiffs for claims as disclosed in Note 28 to the financial statements. As disclosed in Note 2.1 to the financial statements, the financial statements of the Group and of the Company have been prepared on the assumption that the Group and the Company will continue as going concerns. The going concern assumption is highly dependent on: (i)   The Group and the Company achieving sustainable and viable operations; (ii)   The Group and the Company generating adequate cash flows for its operating activities. (iii)  The timing and successful formulation and implementation of the Regularisation Plan; and (iv)  The outcome of the legal suits adjudged in favour of the Group. In the event that these are not materialised, the Group and the Company may be unable to realise their assets and discharge their liabilities in the normal course of business. In view of the matters mentioned above, there are material uncertainties that may cast significant doubt on the ability of the Group and of the Company to continue as going concern. Accordingly, we are unable to obtain sufficient appropriate audit evidence to ascertain the appropriateness of the preparation of the financial statements of the Group and of the Company on a going concern basis. B.    STEPS TAKEN OR PROPOSED TO BE TAKEN TO ADDRESS THE MATERIAL UNCERTAINTY RELATED TO GOING CONCERN AND THE TIMELINE INVOLVED The directors of the Company are of the opinion that the preparation of the financial statements of the Group and the Company on a going concern basis remains appropriate given the following measures will be taken by the Group and the Company to mitigate the existence of material uncertainty related to going concerns and to meet their obligations falling due within the next 12 months, amongst others: (a) The Group is in the final negotiation stage to sign a new business contract with a potential customer. There will be more similar attempts to revive the business of the Group in the coming months. (b) The Group is currently actively looking at disposing certain physical assets of the Group to generate additional cash inflow; these assets have been fully impaired in the financial statements of the Group in FYE2018. (c) The Management is currently in negotiations with the opposing parties in the legal suits to reach at an amicable settlement plan to allow the Group to better manage its cash flow in order to meet its obligations and allow the Group to carry on with its business operations. (d) The Management will be seeking legal advice to take the next course of legal actions to claim back the advance taken by a former subsidiary of the Group, namely DPO Plantations Sdn Bhd. Amount outstanding as at end of FYE2018 amounted to RM2.3 million and this has been fully impaired in the financial statements of the Group in FYE2018. (e) The Group has also obtained advances from certain shareholders to defray the ongoing operational expenses. This amended announcement is dated 31 October 2019.

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ASIA MEDIA GROUP BERHAD

Date of change	31 Oct 2019
Name	MR LEONG CHOON MENG
Age	55
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	Due to internal reorganisation.

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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	0	3,577	1,200	7,541
2	Profit/(loss) before tax	-378	-69	-797	-1,197
3	Profit/(loss) for the period	-378	-69	-797	-1,197
4	Profit/(loss) attributable to ordinary equity holders of the parent	-378	-69	-797	-1,152
5	Basic earnings/(loss) per share (Subunit)	-0.16	-0.03	-0.33	-0.48
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 ($$)	0.0098		0.0065

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Date of change	07 Nov 2019
Name	MR YAP PING TIONG
Age	50
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Independent Director
New Position	Executive Director
Directorate	Executive

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ASIA MEDIA GROUP BERHAD

Particulars of substantial Securities Holder

Name	MR CHOW ZEE NENG
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	06 Nov 2019	7,087,000	Disposed	Direct Interest
	Name of registered holder	Maybank Securities Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Chow Zee Neng
	Address of registered holder	32 Floor Menara Maybank 100 Jln Tun Perak 50050 Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Direct Business Transaction
Nature of interest	Direct Interest
Direct (units)	20,238,000
Direct (%)	8.451
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	20,238,000
Date of notice	09 Nov 2019
Date notice received by Listed Issuer	11 Nov 2019

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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
		Three Months	Three Months	Nine Months	Nine Months
		01 Jul 2019 To	01 Jul 2018 To	01 Jan 2019 To	01 Jan 2018 To
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	0	3,390	1,200	10,931
2	Profit/(loss) before tax	-1,554	-1,013	-2,351	-2,210
3	Profit/(loss) for the period	-1,554	-1,013	-2,351	-2,210
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,554	-1,013	-2,351	-2,165
5	Basic earnings/(loss) per share (Subunit)	-0.65	-0.42	-0.98	-0.90
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 ($$)	-0.0153		-0.0055

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Type	Announcement
Subject	OTHERS
Description	ASIA MEDIA GROUP BERHAD ("AMEDIA" OR THE COMPANY)- ADVANCE FROM SHAREHOLDER
The Board of Directors wishes to announce that one of the Company's substantial shareholders, Encik Mohd Nasri bin Abdul Rahim ("En Mohd Nasri"), has provided funding to the Company in the form of a shareholder's advance of Ringgit Malaysia Two Hundred Thousand (RM200,000.00) only, free of interest and repayable immediately after the expiry of the period of twenty-four (24) months or such date as may be agreed to in writing between the Company and Encik Mohd Nasri. This announcement is dated 2 January 2020.

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ASIA MEDIA GROUP BERHAD

Date of change	09 Jan 2020
Name	MR CHEN, JUI-LIANG
Age	43
Gender	Male
Nationality	Taiwan, Province of China
Designation	Executive Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	Science and Technology	Department of Environmental Engineering, Fuying Univertisy (Taiwan)

Working experience and occupation

Mr. Chen has more than 15 years of experience in financial related industry, including sales of various securities instruments, investment operations and analysis, insurance and venture capital. He started as Business Manager when he joined Cathay Life Insurance, Ltd in 2003, a life insurance company in Taiwan, and began getting great exposure to Hong Kong and South-East Asia financial investment products when he was Vice President of Investment in Rui Xing Insurance Broker from 2006 to 2008. He was appointed as Executive Director when he joined Arthur J Stewart Investment Advisors Pte Ltd, a Singapore based company in 2008, and being responsible for the companys investment operations. In 2010, armed with his stock analytic skills, and exposure to Asias financial products and markets, he became Executive Director of Well Top International Investment Limited, an international investment company in Taiwan and managing investment in South-East Asia. The said company mainly invests in public listed companies in Malaysia, Hong Kong and Singapore.

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ASIA MEDIA GROUP BERHAD

Name	MR CHOW ZEE NENG
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	03 Feb 2020	5,500,000	Disposed	Direct Interest
	Name of registered holder	Kenanga Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Chow Zee Neng
	Address of registered holder	Level 17, Kenanga Tower 237, Jalan Tun Razak, 50400 Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Direct Business Transaction
Nature of interest	Direct Interest
Direct (units)	13,188,000
Direct (%)	5.51
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	13,188,000
Date of notice	03 Feb 2020
Date notice received by Listed Issuer	04 Feb 2020

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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	75	2,499	75	13,430
2	Profit/(loss) before tax	-265	-24,344	-265	-26,554
3	Profit/(loss) for the period	-265	-24,344	-265	-26,554
4	Profit/(loss) attributable to ordinary equity holders of the parent	-265	-24,344	-265	-26,554
5	Basic earnings/(loss) per share (Subunit)	-0.01	-0.10	-0.01	-0.11
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 ($$)	-1.6900		-1.5700

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Notice of Person Ceasing (Section 139 of CA 2016)

ASIA MEDIA GROUP BERHAD

Particulars of Substantial Securities Holder

Name	MR CHOW ZEE NENG
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary shares
Date of cessation	06 Mar 2020
Name & address of registered holder	Kenanga Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Chow Zee NengLevel 17, Kenanga Tower 237, Jalan Tun Razak,50400 Kuala Lumpur.

No of securities disposed	2,500,000
Circumstances by reason of which a person ceases to be a substantial shareholder	Direct business transaction
Nature of interest	Direct Interest
Date of notice	10 Mar 2020
Date notice received by Listed Issuer	10 Mar 2020

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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	120	1,200	195	3,669
2	Profit/(loss) before tax	-204	-419	-469	24,763
3	Profit/(loss) for the period	-204	-419	-469	24,763
4	Profit/(loss) attributable to ordinary equity holders of the parent	-204	-419	-469	24,763
5	Basic earnings/(loss) per share (Subunit)	-0.01	-0.02	-0.02	-1.03
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 ($$)	-1.7700		-1.5700

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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	124	0	319	3,699
2	Profit/(loss) before tax	-87	-378	-556	-25,141
3	Profit/(loss) for the period	-87	-378	-556	-25,141
4	Profit/(loss) attributable to ordinary equity holders of the parent	-87	-378	-556	-25,141
5	Basic earnings/(loss) per share (Subunit)	-0.04	-0.16	-0.23	-10.50
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 ($$)	-1.8100		-1.5800

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ASIA MEDIA GROUP BERHAD

Date of change	01 Sep 2020
Name	MR LIEW CHEE KEONG
Age	57
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Executive Director
New Position	Non Executive Director
Directorate	Non Independent and Non Executive

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Notice of Person Ceasing (Section 139 of CA 2016)

ASIA MEDIA GROUP BERHAD

Particulars of Substantial Securities Holder

Name	DATUK CHONG LOONG MEN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	ORDINARY SHARES
Name of registered holder	DATUK CHONG LOONG MEN
Date of cessation	08 Sep 2020

No of securities disposed	5,500,000
Circumstances by reason of which a person ceases to be a substantial shareholder	DISPOSAL VIA DIRECT BUSINESS TRANSACTION
Nature of interest	Direct Interest
Date of notice	14 Sep 2020
Date notice received by Listed Issuer	14 Sep 2020

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Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

ASIA MEDIA GROUP BERHAD

Particulars of Substantial Securities Holder

Name	CHOW ZEE NENG
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	JF Apex Nominees (Tempatan) Sdn. Bhd. pledged securities account for Chow Zee Neng

Date interest acquired & no of securities acquired
Date interest acquired	21 Sep 2020
No of securities	7,087,000
Circumstances by reason of which Securities Holder has interest	Direct Business Transaction
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	17,449,500
Direct (%)	7.287
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice	22 Sep 2020
Date notice received by Listed Issuer	22 Sep 2020