Category Archives: Announcement

Quarterly rpt on consolidated results for the financial period ended 30 Jun 2020

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BRAHIM’S HOLDINGS BERHAD

 

Financial Year End 31 Dec 2020
Quarter 2 Qtr
Quarterly report for the financial period ended 30 Jun 2020
The figures have not been audited
Bursa BHB Q2 2020Download

Currency: Malaysian Ringgit (MYR)

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

8,062

74,045

66,046

144,299

2

Profit/(loss) before tax

-25,270

-880

-36,253

-3,364

3

Profit/(loss) for the period

-25,321

-1,053

-36,374

-3,637

4

Profit/(loss) attributable to ordinary equity holders of the parent

-3,420

-1,190

-14,883

-3,411

5

Basic earnings/(loss) per share (Subunit)

-1.27

-0.44

-5.55

-1.27

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 ($$)

0.0200

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

 

GENERAL MEETINGS: Outcome of Meeting

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Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 22 Aug 2020
Time 09:00 AM
 
Venue(s) 
Dataran Canseloria,

Universiti Kebangsaan Malaysia,

43600, Bangi,

Selangor Darul Ehsan.

Malaysia

 
Outcome of Meeting

The Board of Directors of Brahim’s Holdings Berhad (“the Company”) is pleased to announce that all resolutions set out in the Notice of the 38th Annual General Meeting (“38th AGM”) of the Company dated 30 June 2020 were duly passed as Ordinary Resolutions at the 38th AGM of the Company held on Saturday, 22 August 2020 at 9:00 a.m.

All the resolutions were voted by poll and the results of the poll were validated by Boardroom Corporate Services Sdn. Bhd., the Independent Scrutineer appointed by the Company.

This announcement is dated 24 August 2020.
 

Voting Results
 

1. Ordinary Resolution 1
Description 
To approve the payment of Directors' Fees amounting to RM332,645.00 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 6
No. of Shares 152,261,604 32,812
% of Voted Shares 99.9785 0.0215
Result Accepted
 

2. Ordinary Resolution 2
Description 
To approve the payment of Directors' Remuneration (excluding Director's Fee) payable to the Board an amount of RM50,000.00 for the period from 23 August 2020 until the next Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 21 6
No. of Shares 152,261,604 32,812
% of Voted Shares 99.9785 0.0215
Result Accepted
 

3. Ordinary Resolution 3
Description 
To re-elect Tan Sri Dato' Mohd Ibrahim Bin Mohd Zain, who is retiring as Director in accordance with the Clause 95 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 4
No. of Shares 152,261,864 32,552
% of Voted Shares 99.9786 0.0214
Result Accepted
 

4. Ordinary Resolution 4
Description 
To re-elect Dato' Choo Kah Hoe, who is retiring as Director in accordance with the Clause 95 of the Company's Constitution.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 23 4
No. of Shares 152,261,364 33,052
% of Voted Shares 99.9783 0.0217
Result Accepted
 

5. Ordinary Resolution 5
Description 
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT (AF 0117) as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 24 3
No. of Shares 152,264,364 30,052
% of Voted Shares 99.9803 0.0197
Result Accepted
 

6. Ordinary Resolution 6
Description 
To approve the authority to issue shares.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 22 5
No. of Shares 152,264,104 30,312
% of Voted Shares 99.9801 0.0199
Result Accepted

Notice of Meeting

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Type of Meeting General
Indicator Notice of Meeting
Description 
38th Annual General Meeting of Brahim's Holdings Berhad
Date of Meeting 22 Aug 2020
Time 09:00 AM
 
Venue(s) 
Dataran Canseloria,

Universiti Kebangsaan Malaysia,

43600, Bangi,

Selangor Darul Ehsan.

Malaysia
 
Date of General Meeting Record of Depositors 14 Aug 2020
 

Resolutions
 

1. For Information
Description 
To receive the Audited Financial Statements of the Company for the financial year ended 31 December 2019 together with the Reports of the Directors and Auditors thereon.
Shareholder’s Action For Information Only
 

2. Ordinary Resolution 1
Description 
To approve the payment of Directors' Fees amounting to RM332,645.00 for the financial year ended 31 December 2019.
Shareholder’s Action For Voting
 

3. Ordinary Resolution 2
Description 
To approve the payment of Directors' Remuneration (excluding Director's Fee) payable to the Board an amount of RM50,000.00 for the period from 23 August 2020 until the next Annual General Meeting.
Shareholder’s Action For Voting
 

4. Ordinary Resolution 3
Description 
To re-elect Tan Sri Dato' Mohd Ibrahim Bin Mohd Zain, who is retiring as Director in accordance with the Clause 95 of the Company's Constitution.
Shareholder’s Action For Voting
 

5. Ordinary Resolution 4
Description 
To re-elect Dato' Choo Kah Hoe, who is retiring as Director in accordance with the Clause 95 of the Company's Constitution.
Shareholder’s Action For Voting
 

6. Ordinary Resolution 5
Description 
To re-appoint Messrs. Baker Tilly Monteiro Heng PLT (AF 0117) as Auditors of the Company and to authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
 

7. Ordinary Resolution 6
Description 
To approve the authority to issue shares.
Shareholder’s Action For Voting
 
BHB_Notice 38th AGMDownload

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

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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 in view of the disruptions to the activities of the BHB group of companies caused by the COVID-19 pandemic, the Company’s progress in finalising its regularisation plan has been hampered. The Company is still in the midst of formulating its regularisation plan and has approximately 10 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 April 2020 in relation to the Company’s regularisation plan.

This announcement is dated 4 May 2020.

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS

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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 February 2020 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 13 March 2020, decided to grant the Company an extension of time until 27 August 2020 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:

  1. the Company fails to submit a regularisation plan to the regulatory authorities on or before 27 August 2020;
  1. the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; and
  1. 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 16 March 2020.

Changes in Sub. S-hldr’s Int (Section 138 of CA 2016)

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Particulars of substantial Securities Holder

Name URUSHARTA JAMAAH SDN. BHD.
Address LEVEL 7, BANGUNAN SETIA 1
15, LORONG DUNGUN, BUKIT DAMANSARA
KUALA LUMPUR
50490 Wilayah Persekutuan
Malaysia.
Company No. 201801045610/1307642-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 12 Feb 2020
45,553,450
 Transferred Direct Interest
Name of registered holder Citigroup Nominees (Tempatan) Sdn. Bhd.
Address of registered holder Level 42 Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
Description of “Others” Type of Transaction
Circumstances by reason of which change has occurred Transfer of Ordinary Shares by the registered holder to Citigroup Nominees (Tempatan) Sdn. Bhd. who is the custodian and fund administrator for Urusharta Jamaah Sdn Bhd’s (“UJ”) equity portfolio holdings. UJ is the beneficial owner of the said ordinary shares.
Nature of interest Direct Interest
Direct (units) 45,553,450
Direct (%) 19.279
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 45,553,450
Date of notice 14 Feb 2020
Date notice received by Listed Issuer 14 Feb 2020

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS

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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“). In accordance with Paragraph 8.04(3) and PN17 of the MMLR, the Company was required to submit a regularisation plan by 27 February 2020 to Bursa Securities.

Further to the First Announcement, 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 February 2020

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

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Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description 
BRAHIM'S HOLDINGS BERHAD ("BHB" OR THE "COMPANY")

MONTHLY ANNOUNCEMENT PURSUANT TO PN17 OF THE LISTING REQUIREMENTS

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.

The Board of Directors of the Company wishes to inform that the Company is still in the midst of formulating its regularisation plan.

There were no other major developments subsequent to the previous monthly announcement announced on 2 January 2020 in relation to the Company’s regularisation plan. The Company has until 27 February 2020 to submit its regularisation plan to the relevant authorities for approval.

This announcement is dated 3 February 2020.

OTHERS: BRAHIM’S HOLDINGS BERHAD (“BRAHIMS” OR THE “COMPANY”) HEADS OF AGREEMENT BETWEEN BRAHIMS AND MRI VC BERHAD

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Type Announcement
Subject OTHERS
Description 
BRAHIM'S HOLDINGS BERHAD ("BRAHIMS" OR THE "COMPANY")

HEADS OF AGREEMENT BETWEEN BRAHIMS AND MRI VC BERHAD

The Board of Directors of Brahims wishes to announce that the Company had on 20 December 2019, entered into a Heads of Agreement (“HOA“) with MRI VC Berhad (formerly known as UZ Catering Berhad)(“MRI“) to set out the basis of MRI’s participation in the proposed regularisation plan to be undertaken by the Company to regularise its condition as an affected listed issuer after triggering the Prescribed Criteria pursuant to Paragraph 2.1(a) of Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. 

 

Please refer to the attachment below for further details of the HOA.

 

This announcement is dated 20 December 2019.
Brahims – Announcement of HOA (20.12.2019)_finalDownload