| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERS |
| Description | BRAHIM’S HOLDINGS BERHAD (“BHB” OR THE COMPANY”)
EXTENSION OF TIME TO COMPLY WITH PARAGRAPH 8.04(3) AND PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
| We refer to the Company’s announcement dated 13 January 2021 in relation to the submission of an application for an extension of time to comply with Paragraph 8.04(3) and Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”).
The Board of Directors of the Company wishes to announce that Bursa Securities had vide its letter dated 17 February 2021, decided to grant the Company an extension of time until 27 August 2021 for the Company to submit a Regularisation Plan to the relevant authorities. The aforesaid extension of time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of BHB and to de-list the Company in the event: (i) the Company fails to submit a regularisation plan to the regulatory authorities on or before 27 August 2021; (ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; and (iii) the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities. Upon occurrence of any of the abovementioned events, Bursa Securities shall suspend the trading of the listed securities of BHB on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting. This announcement is dated 18 February 2021. |
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Author Archives: admin
PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description | BRAHIM’S HOLDINGS BERHAD (“BHB” OR THE COMPANY”)
MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
| We refer to the previous monthly announcements in relation to the Company being classified as an affected listed issuer pursuant to Practice Note 17 (“PN17”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”).
As previously announced on 1 September 2020, BHB’s core business has been severely impacted by the Covid-19 pandemic and slowdown in the passenger aviation industry. As the situation has yet to improve, BHB will need time for its business to recover and stabilise before being able to formulate and execute a regularisation plan. On 13 January 2020, the Company submitted an application to Bursa Securities for an extension of time to submit its regularisation plan which was originally due to be submitted not later than 27 February 2021 (“EOT Application”). The EOT Application is now pending Bursa Securities’ decision and an announcement will be released upon receipt of the same. This announcement is dated 3 February 2021. |
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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERS |
| Description | BRAHIM’S HOLDINGS BERHAD (“BHB” OR THE “COMPANY”)
APPLICATION FOR EXTENSION OF TIME TO SUBMIT THE PROPOSED REGULARISATION PLAN |
| We refer to the Company’s announcement dated 28 February 2019 (“First Announcement“) in relation to the Company triggering the prescribed criteria pursuant to Paragraph 8.04(3) and Paragraph 2.1(a) of Practice Note 17 (“PN17“) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities“) (“MMLR“). We also refer to Bursa Securities’ circular dated 26 March 2020 providing an extended timeframe for submission of regularisation plans by affected issuers whereby BHB would be required to submit its regularisation plan by 27 February 2021, i.e. 24 months from the date of its First Announcement.
Further to the above, BHB wishes to announce that an application for an extension of time to comply with Paragraph 8.04(3) and PN17 of the MMLR, has been submitted to Bursa Securities on even date. This announcement is dated 13 January 2021. |
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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description | BRAHIM’S HOLDINGS BERHAD (“BHB” OR THE COMPANY”)
MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
| We refer to the previous monthly announcements in relation to the Company being classified as an affected listed issuer pursuant to Practice Note 17 (“PN17”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”).
The Board of Directors of the Company (“Board”) wishes to inform that the Company is still in the midst of formulating its regularisation plan and has approximately 2 months (until 27 February 2021) to submit its regularisation plan. There were no other major developments subsequent to the previous monthly announcement announced on 1 December 2020 in relation to the Company’s regularisation plan. This announcement is dated 4 January 2021. |
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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT
| BRAHIM’S HOLDINGS BERHAD |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description | BRAHIM’S HOLDINGS BERHAD (“BHB” OR THE COMPANY”)
MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
| We refer to the previous monthly announcements in relation to the Company being classified as an affected listed issuer pursuant to Practice Note 17 (“PN17”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”).
The Board of Directors of the Company (“Board”) wishes to inform that the Company is still in the midst of formulating its regularisation plan and has approximately 3 months (until 27 February 2021) to submit its regularisation plan. Save for the Heads of Agreements entered into between Brahim SATS Food Services Sdn Bhd, a wholly-owned subsidiary of the Company, and Focus Dynamics Centre Sdn Bhd, a wholly-owned subsidiary of Focus Dynamics Group Berhad, which was announced on 11 November 2020, there were no other major developments subsequent to the previous monthly announcement on 2 November 2020 in relation to the Company’s regularisation plan. This announcement is dated 1 December 2020. |
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Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020
| Financial Year End | 31 Dec 2020 |
| Quarter | 3 Qtr |
| Quarterly report for the financial period ended | 30 Sep 2020 |
| The figures | have not been audited |
Currency: Malaysian Ringgit (MYR)
|
SUMMARY OF KEY FINANCIAL INFORMATION |
|
|
INDIVIDUAL PERIOD |
CUMULATIVE PERIOD |
|||
|
CURRENT YEAR QUARTER |
PRECEDING YEAR |
CURRENT YEAR TO DATE |
PRECEDING YEAR |
||
|
30 Sep 2020 |
30 Sep 2019 |
30 Sep 2020 |
30 Sep 2019 |
||
|
$$’000 |
$$’000 |
$$’000 |
$$’000 |
||
|
1 |
Revenue |
8,484 |
80,498 |
74,530 |
224,797 |
|
2 |
Profit/(loss) before tax |
-46,472 |
3,226 |
-82,725 |
-138 |
|
3 |
Profit/(loss) for the period |
-46,521 |
2,481 |
-82,895 |
-1,156 |
|
4 |
Profit/(loss) attributable to ordinary equity holders of the parent |
-17,792 |
1,804 |
-32,675 |
-1,607 |
|
5 |
Basic earnings/(loss) per share (Subunit) |
-6.63 |
0.67 |
-12.18 |
-0.60 |
|
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 |
0.0800 |
||
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
|
Country |
Base Unit |
Subunit |
|
Malaysia |
Ringgit |
Sen |
|
United States |
Dollar |
Cent |
|
United Kingdom |
Pound |
Pence |
OTHERS BRAHIM’S HOLDINGS BERHAD (“BRAHIMS” OR THE “COMPANY”) – HEADS OF AGREEMENT BETWEEN BRAHIMS SATS FOOD SERVICES SDN. BHD. AND FOCUS DYNAMICS CENTRE SDN. BHD.
| BRAHIM’S HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description |
BRAHIM'S HOLDINGS BERHAD ("BRAHIMS" OR THE "COMPANY") - HEADS OF AGREEMENT BETWEEN BRAHIMS SATS FOOD SERVICES SDN. BHD. AND FOCUS DYNAMICS CENTRE SDN. BHD.
|
|
The Board of Directors of Brahims wishes to announce that the Company’s subsidiary, Brahim’s SATS Food Services Sdn. Bhd. had on 11 November 2020 entered into a Heads of Agreement (“HOA”) with Focus Dynamics Centre Sdn. Bhd. (“FDC”), a wholly-owned subsidiary of Focus Dynamics Group Berhad, to collaborate and leverage off each other’s business. FDC is a major shareholder of the Company.
Please refer to the attachment below for further details on the HOA.
This announcement is dated 11 November 2020. |
|
Please refer attachment below.
Change in Boardroom
| Date of change | 09 Nov 2020 |
| Name | MAJ (R) MEJAR DATO’ ISMAIL BIN AHMAD |
| Age | 71 |
| Gender | Male |
| Nationality | Malaysia |
| Designation | Non Executive Director |
| Directorate | Independent and Non Executive |
| Type of change | Appointment |
Qualifications
| No |
Qualifications
|
Major/Field of Study
|
Institute/University
|
Additional Information
|
| 1 |
Degree
|
1) Master in Management, LLB Hons 2) Master of Laws 3) Certificate in Legal Practice |
1)University of Wolverhampton, United Kingdom 2)University of London |
|
| Working experience and occupation |
Mejar Dato' Ismail served in the Malaysian Army for 17 years and attended courses both local and overseas. In 1983, he joined Perwira Niaga Malaysia (Pernama), a wholly-owned subsidiary of LTAT, a wholesale and international trading company. His last position in Pernama was Deputy General Manager before he left in 1999. He was the CEO of Odasaja Sdn. Bhd. in its formative year and later became the Group Executive Director of the same. He left Odasaja Sdn. Bhd. in December 2002. Since then he has been actively contributing his knowledge and experience to various companies involved in general trading, building and construction, including defence and security projects. Mejar Dato' Ismail currently sits on the Board of Mlabs Systems Berhad as a Non Independent and Non Executive Director. He also sits on the Board of Pasukhas Group Berhad as an Independent and Non Executive Chairman. |
| Directorships in public companies and listed issuers (if any) |
1. Mlabs Systems Berhad 2. Pasukhas Group Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer |
Nil |
| 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 |
Nil |
Change in Boardroom – MR TAY BEN SENG, BENSON
| Date of change | 22 Oct 2020 |
| Name | MR TAY BEN SENG, BENSON |
| Age | 36 |
| 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 |
Degree
|
Marketing and Management |
Curtin University of Technology |
|
| Working experience and occupation |
In 2012, Mr Benson joined Marquee International Sdn Bhd, a wholly-owned subsidiary of Focus Dynamics Group Berhad (Focus). He spearheaded the expansion of Focus and has been instrumental in the successful yet distinctive brands of Focus. He is extensively involved in the areas of information technology, e-commerce, business development and brand conceptualization of Focus. Subsequently, he was appointed as Executive Director of Focus in 2017. Prior to joining Focus, he has vast experience in numerous fields, ranging from events management to Food & Beverage operations and conceptualizing new start-ups. |
| Directorships in public companies and listed issuers (if any) |
(1) Focus Dynamics Group Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer |
NIL |
| 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 |
NIL |
Change in Boardroom – TAN SRI DATO’ MOHD IBRAHIM BIN MOHD ZAIN
| Date of change | 22 Oct 2020 |
| Name | TAN SRI DATO’ MOHD IBRAHIM BIN MOHD ZAIN |
| Age | 77 |
| Gender | Male |
| Nationality | Malaysia |
| Designation | Director |
| Directorate | Non Independent and Non Executive |
| Type of change | Resignation |
| Reason |
Divestment of shares |
| Details of any disagreement that he/she has with the Board of Directors | No |
| Whether there are any matters that need to be brought to the attention of shareholders | No |
Qualifications
| No |
Qualifications
|
Major/Field of Study
|
Institute/University
|
Additional Information
|
| Working experience and occupation |
NIL |
| Family relationship with any director and/or major shareholder of the listed issuer |
NIL |
| 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 |
Direct interest of 1,050,000 ordinary shares. Indirect interest of 33,005,000 ordinary shares. (Deemed interested in shares by virtue of his shareholding in Semantan Capital Sdn. Bhd., a shareholder of Brahim's International Franchises Sdn. Bhd. pursuant to Section 8 of the Companies Act 2016.) |