【SINKUNG 0305 交流专区】

icy97

IPO Prospectus

SIN-KUNG LOGISTICS BERHAD

Subject

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING: (I) PUBLIC ISSUE OF 200,000,000 NEW ORDINARY SHARES IN THE COMPANY ("SHARES") IN THE FOLLOWING MANNER: -60,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; -45,000,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF THE GROUP; AND -95,000,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY ("MITI"); AND (II) OFFER FOR SALE OF 103,500,000 EXISTING SHARES IN THE FOLLOWING MANNER: -55,000,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY MITI; AND -48,500,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN ISSUE/OFFER PRICE OF RM0.13 PER SHARE, PAYABLE IN FULL UPON APPLICATION

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3438839

Attachments Sin-Kung Logistics Berhad - Prospectus (Part 1).pdf Sin-Kung Logistics Berhad - Prospectus (Part 2).pdf Sin-Kung Logistics Berhad - Prospectus (Part 3).pdf Sin-Kung Logistics Berhad - Detailed Procedures for E-IPO Share Application and Acceptance.pdf

Opening of application	18 Apr 2024
Closing of application	02 May 2024
Balloting of application	06 May 2024
Allotment of IPO shares to successful applicants	13 May 2024
Tentative listing date	15 May 2024

icy97

Type	Announcement
Subject	OTHERS
Description	SIN-KUNG LOGISTICS BERHAD ("SKL" OR THE "COMPANY")LISTING OF SKL ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING")
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the Prospectus dated 18 April 2024 in relation to the Listing) M & A Securities Sdn Bhd, on behalf of the Board, wishes to announce the following with regards to the Listing: (a) Level of subscription; (b) Basis of allotment/allocation; (c) Distribution of the private placement tranche; and (d) Disclosure of placees who become substantial shareholder of SKL arising from the Listing, if any. Further details of the above are set out in the attachment. This announcement is dated 6 May 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3445295

Attachments SKL - Subscription rate.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2024	31 Mar 2023	31 Mar 2024	31 Mar 2023
		$$'000	$$'000	$$'000	$$'000

1	Revenue	12,197	0	12,197	0
2	Profit/(loss) before tax	448	0	448	0
3	Profit/(loss) for the period	224	0	224	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	226	0	226	0
5	Basic earnings/(loss) per share (Subunit)	0.02	0.00	0.02	0.00
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 ($$)	0.0600		0.0600

icy97

SIN-KUNG LOGISTICS BERHAD

Date of Listing	15 May 2024
Enlarged Issued Share Capital in the following
Units	1,200,000,000
Currency	Malaysian Ringgit (MYR)
Par Value($$) (if applicable)
Enlarged Issued Share Capital ($$)	34,000,000.000
Stock Code	0305
Stock Name	SINKUNG
ISIN code	MYQ0305OO001
Board	ACE Market
Bursa Sector	TRANSPORTATION & LOGISTICS
Bursa Sub Sector	TRANSPORTATION & LOGISTICS SERVICES
Do you wish to list any child stock / new type of securities in conjunction with the IPO/Admission to LEAP Market?	No

icy97

SIN-KUNG LOGISTICS BERHAD

Particulars of substantial Securities Holder

Name	MR ALAN ONG LAY WOOI
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	13 May 2024	41,400,000	Disposed	Direct Interest
	Name of registered holder	Alan Ong Lay Wooi
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Offer for Sale in conjunction with Initial Public Offering ("IPO")
Nature of interest	Direct Interest
Direct (units)	357,600,000
Direct (%)	29.8
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	357,600,000
Date of notice	15 May 2024
Date notice received by Listed Issuer	15 May 2024

Name	MISS ANGELINE ONG LAY SHEE
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	13 May 2024	20,700,000	Disposed	Direct Interest
	Name of registered holder	Angeline Ong Lay Shee
	Description of "Others" Type of Transaction
2	13 May 2024	41,400,000	Disposed	Indirect Interest
	Name of registered holder	Lille Management Sdn Bhd
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Offer for Sale in conjunction with Initial Public Offering ("IPO")
Nature of interest	Direct and Indirect Interest
Direct (units)	178,800,000
Direct (%)	14.9
Indirect/deemed interest (units)	357,600,000
Indirect/deemed interest (%)	29.8
Total no of securities after change	536,400,000
Date of notice	15 May 2024
Date notice received by Listed Issuer	15 May 2024

Name	LILLE MANAGEMENT SDN BHD
Address	Room B, 3rd Floor 309-K Perak Road Georgetown 10150 Pulau Pinang Malaysia.
Company No.	202101018757 (1419057-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	13 May 2024	41,400,000	Disposed	Direct Interest
	Name of registered holder	Lille Management Sdn Bhd
	Address of registered holder	Room B, 3rd Floor 309-K Perak Road 10150 Georgetown Pulau Pinang
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Offer for Sale in conjunction with Initial Public Offering ("IPO")
Nature of interest	Direct Interest
Direct (units)	357,600,000
Direct (%)	29.8
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	357,600,000
Date of notice	15 May 2024
Date notice received by Listed Issuer	15 May 2024

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2024	30 Jun 2023	30 Jun 2024	30 Jun 2023
		$$'000	$$'000	$$'000	$$'000

1	Revenue	13,390	0	25,587	0
2	Profit/(loss) before tax	951	0	1,399	0
3	Profit/(loss) for the period	480	0	704	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	478	0	704	0
5	Basic earnings/(loss) per share (Subunit)	0.04	0.00	0.06	0.00
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 ($$)	0.0700		0.0600

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	SIN-KUNG LOGISTICS BERHAD - PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN PRIMA AIR SDN. BHD. FOR A PURCHASE CONSIDERATION OF RM20,700,000
The Board of Directors of Sin-Kung Logistics Berhad (“SKL” or the “Company”) wishes to announce that SKL had on 2 October 2024 entered into a share sale agreement (“SSA”) with Tan Sri Dato’ Halim Bin Mohammad and Puan Sri Datin Mazmin Binti Noordin for the acquisition of 20,000,000 ordinary shares in Prima Air Sdn. Bhd. ("PASB"), representing the entire equity interest in PASB, for a purchase consideration of RM20,700,000, to be satisfied in cash (“Proposed Acquisition”). Upon completion of the Proposed Acquisition, PASB will be a wholly-owned subsidiary of SKL. Further details are set out in the attachment. This announcement is dated 2 October 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3488473

Attachments SKL - Proposed Acquisition of PASB.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	SIN-KUNG LOGISTICS BERHAD - ADDITIONAL INFORMATION ON PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN PRIMA AIR SDN. BHD. FOR A PURCHASE CONSIDERATION OF RM20,700,000
Reference is made to the announcement dated 2 October 2024 in relation to the Proposed Acquisition. Unless otherwise stated, the definitions and terms used herein shall have the same meaning as defined in the previous announcement. The Board of Directors of SKL wishes to provide additional information in relation to the Proposed Acquisition. Further details are set out in the attachment. This announcement is dated 4 October 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3489267

Attachments SKL - Additional Information on Proposed Acquisition of PASB.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2024	31 Dec 2023	31 Dec 2024	31 Dec 2023
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	13,585	0	54,159	0
2	Profit/(loss) before tax	319	0	3,535	0
3	Profit/(loss) for the period	-2,031	0	-700	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,029	0	-698	0
5	Basic earnings/(loss) per share (Subunit)	-0.17	0.00	-0.06	0.00
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	0.0700		0.0600

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2025

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2025	31 Mar 2024	31 Mar 2025	31 Mar 2024
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	12,688	12,197	12,688	12,197
2	Profit/(loss) before tax	-1,111	448	-1,111	448
3	Profit/(loss) for the period	-1,214	224	-1,214	224
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,214	226	-1,214	226
5	Basic earnings/(loss) per share (Subunit)	-0.10	0.02	-0.10	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	0.0700		0.0700

icy97

SIN-KUNG LOGISTICS BERHAD

Date of change	16 May 2025
Name	MR ALAN ONG LAY WOOI
Age	42
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Managing Director
New Position	Group Managing Director
Directorate	Executive

Date of change	16 May 2025
Name	MISS AMELINE ONG LAY LING
Age	33
Gender	Female
Nationality	Malaysia
Type of change	Others
Designation	Others
Description	Promotion

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Degree Bachelor of Business and Commerce Monash University Malaysia
Working experience and occupation	Ms. Ameline Ong Lay Ling ("Ms. Ameline") is responsible for leading Sin-Kung Logistics Berhad ("SKL") and its subsidiaries ("Group")'s transport division, safety, security and compliance division as well as human resources and administrative division. She also oversees the implementation of quality standards and policies to ensure continuous compliance to with the relevant quality standards as well as laws and regulations. Prior to formal employment in SKL, Ms. Ameline had been working as Human Resource and Administrative Executive with SKL on a part-time basis starting from 2007, and continuing through 2010 when she began her university studies, where she managed the overall operations of human resource and administrative functions. Ms. Ameline was promoted to Assistant General Manager in 2014. She was involved in overseeing the daily operations of the transport and warehouse division, procurement related matters, management of overall human resources and administrative functions as well as the development and implementation of quality standards and policies to ensure continuous quality compliance. In 2017, she successfully led SKL in transitioning from ISO 9001:2008 to ISO 9001:2015 certification. In 2019, she spearheaded SKL to obtain the Good Distribution Practice for Medical Devices certification. In January 2022, Ms. Ameline was promoted to Deputy General Manager (Central). She was responsible for leading our Group's transport division, safety, security and compliance division; as well as human resource and administrative division in Central region, Malaysia. In August 2022, she was promoted to General Manager, a position she holds to-date. Under her leadership, SKL has successfully obtained Malaysian Authorised Economic Operator status from Royal Malaysian Customs Department.
Family relationship with any director and/or major shareholder of the listed issuer	1. Sister to Alan Ong Lay Wooi, the Group Managing Director cum Chief Executive Officer and major shareholder of SKL. 2. Sister to Angeline Ong Lay Shee, the Executive Director and major shareholder of SKL. 3. Sister to Adeline Ong Lay Suen, the Executive Director and major shareholder of SKL by virtue of her interest in shares in Lille Management Sdn. Bhd. pursuant to Section 8 of the Companies Act 2016. 4. Sister to Alex Ong Lay Ming, who is deemed as the major shareholder of SKL by virtue of his interest in shares in Lille Management Sdn. Bhd. pursuant to Section 8 of the Companies Act 2016.
Any conflict of interests that he/she has with the listed issuer	NIL
Details of any interest in the securities of the listed issuer or its subsidiaries	Deemed interested in 357,600,000 shares held by Lille Management Sdn. Bhd. pursuant to Section 8(4)(c) of the Companies Act 2016

Remarks :

Ms. Ameline Ong Lay Ling was promoted to Group Chief Operating Officer.