【MESB 7234 交流专区】维修工程

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MESB BERHAD

Type	Announcement
Subject	TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description	MESB BERHAD ("MESB" OR THE "COMPANY")- RECEIPT OF NOTICE OF CONDITIONAL MANDATORY TAKE-OVER OFFER FROM KAF INVESTMENT BANK BERHAD ON BEHALF OF WONG SAK KUAN AND YAU MING TECK ("JOINT OFFERORS")
The Board of Directors of MESB (“Board”) wishes to announce that the Board had on 12 October 2020, received a notice of conditional mandatory take-over offer ("Notice") from KAF Investment Bank Berhad, on behalf of the Joint Offerors, notifying the Board to acquire the following:- all the remaining ordinary shares in MESB not already owned by the Joint Offerors and such number of new ordinary shares in MESB that may be issued and allotted prior to the closing of the Offer arising from the exercise of the outstanding warrants in MESB (“Offer Shares”); and all the remaining warrants in MESB not already owned by the Joint Offerors (“Offer Warrants”), for a cash offer price of RM0.315 per Offer Share and RM0.015 per Offer Warrant (“Offer”). A copy of the Notice is attached herewith and the same will be posted to all holders of the Offer Shares and Offer Warrants within seven (7) days from the date of this announcement. This announcement is dated 12 October 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3095401

Attachments MESB - Notice of Conditional Mandatory Take-Over .pdf

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

MESB BERHAD

Particulars of Substantial Securities Holder

Name	YAU MING TECK
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	Yau Ming Teck

Date interest acquired & no of securities acquired
Date interest acquired	09 Oct 2020
No of securities	2,491,300
Circumstances by reason of which Securities Holder has interest	Acquisition of shares via open market and direct business transaction
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	7,519,800
Direct (%)	7.087
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	13 Oct 2020
Date notice received by Listed Issuer	13 Oct 2020

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	12 Oct 2020	3,804,406	Acquired	Direct Interest
	Name of registered holder	Yau Ming Teck
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of shares via direct business transaction
Nature of interest	Direct Interest
Direct (units)	11,324,206
Direct (%)	10.673
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	11,324,206
Date of notice	13 Oct 2020
Date notice received by Listed Issuer	13 Oct 2020

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

MESB BERHAD

Particulars of Substantial Securities Holder

Name	WONG SAK KUAN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	Wong Sak Kuan

Date interest acquired & no of securities acquired
Date interest acquired	09 Oct 2020
No of securities	4,560,200
Circumstances by reason of which Securities Holder has interest	Acquisition of shares via open market and direct business transaction
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	9,825,200
Direct (%)	9.26
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	13 Oct 2020
Date notice received by Listed Issuer	13 Oct 2020

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	12 Oct 2020	7,271,550	Acquired	Direct Interest
	Name of registered holder	Wong Sak Kuan
	Description of "Others" Type of Transaction
2	12 Oct 2020	18,411,148	Acquired	Direct Interest
	Name of registered holder	Wong Sak Kuan
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of shares via direct business transaction
Nature of interest	Direct Interest
Direct (units)	35,507,898
Direct (%)	33.467
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	35,507,898
Date of notice	13 Oct 2020
Date notice received by Listed Issuer	13 Oct 2020

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Notice of Person Ceasing (Section 139 of CA 2016)

MESB BERHAD

Particulars of Substantial Securities Holder

Name	ANGSANA INAI SDN. BHD.
Address	C-11-8-B, KL Trillion, No. 338, Jalan Tun Razak, Kuala Lumpur 50400 Wilayah Persekutuan Malaysia.
Company No.	201401044053 (1120240-U)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	ANGSANA INAI SDN. BHD.
Address of registered holder	C-11-8-B, KL Trillion,No. 338, Jalan Tun Razak,50400 Kuala Lumpur,Wilayah Persekutuan Kuala Lumpur,Malaysia.
Date of cessation	12 Oct 2020

No of securities disposed	18,411,148
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal of all 18,411,148 shares via direct business transaction
Nature of interest	Direct Interest
Date of notice	15 Oct 2020
Date notice received by Listed Issuer	15 Oct 2020

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Notice of Person Ceasing (Section 139 of CA 2016)

MESB BERHAD

Particulars of Substantial Securities Holder

Name	KONWA INDUSTRIAL SEWING MACHINE (M) SDN. BHD.
Address	Lot 11 & 13, Jalan 51/201 Off Jalan Tandang Seksyen 51 Petaling Jaya 46050 Selangor Malaysia.
Company No.	198401012191 (124740-M)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	KONWA INDUSTRIAL SEWING MACHINE (M) SDN. BHD.
Address of registered holder	Lot 11 & 13, Jalan 51/201Off Jalan TandangSeksyen 51, 46050 Petaling JayaSelangor, Malaysia
Date of cessation	12 Oct 2020

No of securities disposed	7,271,500
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal of all 7,271,500 shares via direct business transaction
Nature of interest	Direct Interest
Date of notice	15 Oct 2020
Date notice received by Listed Issuer	15 Oct 2020

Subject

MESB BERHAD ("MESB" OR "COMPANY") - INDEPENDENT ADVICE CIRCULAR TO THE HOLDERS OF THE OFFER SECURITIES IN RELATION TO THE CONDITIONAL MANDATORY TAKE-OVER OFFER BY WONG SAK KUAN AND YAU MING TECK ("JOINT OFFERER"), THROUGH KAF INVESTMENT BANK NERHAD, TO ACQUIRE:- (I) ALL REMAINING ORDINARY SHARES IN MESB NOT ALREADY OWNED BY THE JOINT OFFERORS AND SUCH NUMBER OF NEW ORDINARY SHARES IN MESB THAT MAY BE ISSUED AND ALLOTTED PRIOR TO THE CLOSING DATE ARISING FROM THE EXERCISE OF THE OUTSTANDING WARRANTS IN MESB NOT ALREADY OWNED BY THE JOINT OFFERORS ("OFFER SHARES"); AND (II) ALL THE REMAINING UNEXERCISED OUTSTANDING WARRANTS IN MESB NOT ALREADY OWNED BY THE JOINT OFFERORS ("OFFER WARRANTS"), FOR A CASH OFFER PRICE OF RM0.315 PER OFFER SHARE AND RM0.015 PER OFFER WARRANT.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3104384

Attachments MESB - IAC (Bursa).pdf

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	$$'000	$$'000v

1	Revenue	34,252	32,226	34,252	32,226
2	Profit/(loss) before tax	3,365	-4,114	3,365	-4,114
3	Profit/(loss) for the period	2,689	-4,115	2,689	-4,115
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,689	-4,115	2,689	-4,115
5	Basic earnings/(loss) per share (Subunit)	3.00	-5.02	3.00	-5.02
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 ($$)	0.7100		0.7600

MESB BERHAD

Date of change	21 Dec 2020
Name	MR WONG SAK KUAN
Age	52
Gender	Male
Nationality	Malaysia
Designation	Director
Directorate	Non Independent and Non Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Diploma	Civil Engineering	Federal Institute of Technology

Working experience and occupation	Mr. Wong Sak Kuan (Mr. Wong) has more than 35 years of experience in the construction and development industry. Upon graduating with a Diploma in Civil Engineering from the Federal Institute of Technology (FIT) in 1990, he joined his family's construction business erecting factory buildings and warehouses for a public listed paper mill group of companies. In 1995, he steered the construction company into various residential, commercial and industrial development projects in Selangor and Penang states. Apart from the construction activities, Mr. Wong also owns other businesses such as trading; recycling and paper roll rewinding services; transportation and workshop; and F&B. Mr Wong is currently a Non-independent Non-Executive Vice Chairman of Lotus KFM Berhad. Mr. Wong currently also sits on the board of several private limited companies.
Directorships in public companies and listed issuers (if any)	Lotus KFM Berhad
Family relationship with any director and/or major shareholder of the listed issuer	No
Any conflict of interests that he/she has with the listed issuer	No
Details of any interest in the securities of the listed issuer or its subsidiaries	Securities held in MESB BerhadDirect Interest - 35,507,898 Ordinary Share (33.467%)

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	MESB BERHAD ("MESB" OR THE "COMPANY")-        PROPOSED DIVERSIFICATION -        PROPOSED SHAREHOLDERS' MANDATE (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of MESB, KAF Investment Bank Berhad wishes to announce that the Company is proposing to undertake the following proposals: (i)         proposed diversification of the existing business of the MESB and its subsidiaries ("MESB Group") to include the collection and recycling of wastepaper, plastics scrap and scrap ferrous metal (“Proposed Diversification”); and (ii)        proposed shareholders’ mandate for recurrent related party transactions expected to be entered into by the MESB Group with related parties pursuant to the Proposed Diversification. Kindly refer to the attached document for the complete announcement. This announcement is dated 15 January 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3121700

Attachments MESB - Announcement dated 15.1.2021.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	11,271	34,252	11,271	34,252
2	Profit/(loss) before tax	-3,028	3,365	-3,028	3,365
3	Profit/(loss) for the period	-3,138	2,689	-3,138	2,689
4	Profit/(loss) attributable to ordinary equity holders of the parent	-3,138	2,689	-3,138	2,689
5	Basic earnings/(loss) per share (Subunit)	-2.93	3.00	-2.93	3.00
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 ($$)	0.7400		0.7700

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MESB BERHAD

Date of change	07 Dec 2021
Name	ENCIK SAFFIE BIN BAKAR
Age	68
Gender	Male
Nationality	Malaysia
Designation	Chairman
Directorate	Independent and Non Executive
Type of change	Retirement

Date of change	07 Dec 2021
Name	MR CHUA JIN KAU
Age	63
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Executive Director
New Position	Executive Chairman
Directorate	Executive

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Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	MESB BERHAD ("MESB" OR "COMPANY")(I)        PROPOSED DISPOSALS;(II)        PROPOSED ACQUISITIONS; AND(III)        PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE
On behalf of the board of directors of MESB, KAF Investment Bank Berhad wishes to announce that the Company had on 22 September 2022 entered into the following agreements:- (i) a conditional share sale agreement for the proposed disposals of the entire equity interests in Active Fit Sdn Bhd and MESB Capital & Development Sdn Bhd as well as 45% equity interest in Miroza Leather (M) Sdn Bhd to Trend Navigator Sdn Bhd for a total cash consideration of RM46,000,000; and (ii) a conditional share purchase agreement for the proposed acquisitions of the entire equity interests in N.U. Recycle Sdn Bhd, Formidex Sdn Bhd and Waier Trading Sdn Bhd from Lotus Essential Sdn Bhd, Datuk Wong Sak Kuan ("DWSK") and Lee Wai Fun for a total cash consideration of RM51,000,000 (“Proposed Acquisitions”). In addition, MESB will also be procuring its shareholders’ mandate for recurrent related party transactions expected to be entered into by MESB and its subsidiaries with companies related to DWSK, a vendor, following the completion of the Proposed Acquisitions in addition to the on-going recurrent related party transactions where MESB had procured the general mandate from its shareholders on 7 December 2021. Kindly refer to the attached document for the complete announcement. This announcement is dated 22 September 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3293818

Attachments MESB - Announcement dated 22.9.2022.pdf

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MESB BERHAD

Date of change	30 Sep 2022
Name	MR WONG YU PERNG
Age	29
Gender	Male
Nationality	Malaysia
Designation	Non Executive Director
Directorate	Non Independent and Non Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Masters	International Business Management	University of Tasmania	Graduated in 2018

Working experience and occupation	Lotus KFM Berhad (2018 - present)In year 2018, Mr. Wong Yu Perng joined Lotus KFM Berhad as a Sales Executive and was promoted to Head of Purchasing Dept in 2019. In December 2020, he was promoted to Operations Manager overseeing the flour mill operation in Kuantan. He became the Deputy General Manager in 2022 heading the flour mill in Kuantan and warehouse in Semenyih.Millennial Automobile Maintenance Sdn. Bhd. (2018 - present)In year 2018, he formed Millennial Automobile Maintenance Sdn. Bhd. with 2 partners to provide repair and maintenance services to commercial vehicles.Expert Resources Management Sdn. Bhd. (2020 - present)MESB Resources Sdn. Bhd. (2021 - present)Mr. Wong Yu Perng was roped into the waste materials management business and lead the operation division of Expert Resource Management Sdn. Bhd.. In year 2022, he is the project leader for the waste recycle business collaboration with KDEB Selangor & PETRONAS.
Directorships in public companies and listed issuers (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Mr. Wong Yu Perng is the son of Datuk Wong Sak Kuan, a Director and major shareholder of MESB Berhad