Category Archives: Announcement

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

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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 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 (“PN 17“) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements“).

The Board of Directors of the Company wishes to inform that the Company is still in the midst of formulating its regularisation plan which will not result in a significant change in the business direction or policy of the Company as announced on 27 May 2019 (“Announcement”).

There were no other major developments subsequent to the Announcement 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 June 2019.

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2019

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Financial Year End 31 Dec 2019
Quarter 1 Qtr
Quarterly report for the financial period ended 31 Mar 2019
The figures have not been audited
BHB Q1 2019Download

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2019

 

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER

CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

31 Mar 2019

31 Mar 2018

31 Mar 2019

31 Mar 2018
       

$$’000

$$’000

$$’000

$$’000

1

Revenue

70,254

68,671

70,254

68,671

2

Profit/(loss) before tax

-2,484

-2,708

-2,484

-2,708

3

Profit/(loss) for the period

-2,584

-2,732

-2,584

-2,732

4

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

-2,221

-2,149

-2,221

-2,149

5

Basic earnings/(loss) per share (Subunit)

-0.83

-0.80

-0.83

-0.80

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 ($$)

-0.0400

-0.0300


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

 

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS

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Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
Description 
ANNOUNCEMENT PURSUANT TO PARAGRAPH 4.1(B) OF PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("PN 17")

Reference is made to the First Announcement made by the Company in relation to the Company being classified as PN17 affected listed issuer on 28 February 2019 and the monthly announcements on 1 April 2019 and 2 May 2019 pursuant to the requirements under PN 17 (“Announcements”).

Pursuant to Paragraph 4.1(b) of PN17, the Board of Directors of the Company wishes to inform that the Company is formulating a Regularisation Plan which will not result in significant change in the business direction or policy of the Company. Further thereto, the Company has until 27 February 2020 to submit its Regularisation Plan to the relevant authorities for approval, which is approximately nine (9) months from the date of this announcement.

This announcement is dated 27 May 2019.

Change in Nomination Committee

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Type of Board Committee Nomination Committee
Date of change 04 May 2019
Salutation TAN SRI DATUK SERI PANGLIMA
Name SULONG BIN MATJERAIE
Age 72
Gender Male
Nationality Malaysia
Type of change Retirement
Designation Member of Nomination Committee
Directorate Independent and Non Executive
Composition of Nomination Committee(Name and Directorate of members after change) Kamil bin Dato’ Haji Abdul Rahman (Independent Non-Executive Director) – Chairman

Dato’ Choo Kah Hoe (Non-Independent Non-Executive Director) – Member

Professor Dr Jinap binti Salamet (Independent Non-Executive Director) – Member

Change in Boardroom

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Date of change 04 May 2019
Name TAN SRI DATUK SERI PANGLIMA SULONG BIN MATJERAIE
Age 72
Gender Male
Nationality Malaysia
Designation Director
Directorate Independent and Non Executive
Type of change Retirement

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information
Working experience and occupation
Family relationship with any director and/or major shareholder of the listed issuer
Any conflict of interests that he/she has with the listed issuer
Details of any interest in the securities of the listed issuer or its subsidiaries

Change in Remuneration Committee

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Type of Board Committee Remuneration Committee
Date of change 04 May 2019
Salutation TAN SRI DATUK SERI PANGLIMA
Name SULONG BIN MATJERAIE
Age 72
Gender Male
Nationality Malaysia
Type of change Retirement
Designation Member of Remuneration Committee
Directorate Independent and Non Executive
Composition of Remuneration Committee(Name and Directorate of members after change) Dato’ Choo Kah Hoe (Non-Independent Non-Executive Director) – Chairman

Kamil bin Dato’ Haji Abdul Rahman (Independent Non-Executive Director) – Member

Professor Dr Jinap binti Salamet (Independent Non-Executive Director) – Member

Change in Audit Committee

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Date of change 04 May 2019
Name TAN SRI DATUK SERI PANGLIMA SULONG BIN MATJERAIE
Age 72
Gender Male
Nationality Malaysia
Type of change Retirement
Designation Member of Audit Committee
Directorate Independent and Non Executive
Composition of Audit Committee (Name and Directorate of members after change) Kamil bin Dato’ Haji Abdul Rahman (Independent Non-Executive Director) – Chairman

Dato’ Choo Kah Hoe (Non-Independent Non-Executive Director) – Member

Professor Dr Jinap binti Salamet (Independent Non-Executive Director) – Member

GENERAL MEETINGS: Outcome of Meeting

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Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 04 May 2019
Time 03:00 PM
Venue Dataran Canseloria, Universiti Kebangsaan Malaysia, 43600 Bangi, Selangor
Outcome of Meeting The Board of Directors of Brahim’s Holdings Berhad (“Brahim’s” or “the Company”) is pleased to announce that all the resolutions as prescribed in the Notice of the Thirty-Seven Annual General Meeting (“37th AGM”) of the Company dated 12 April 2019 were duly approved.

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.

Please refer to the attachment for the poll results.

This announcement is dated 6 May 2019.
Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
Ordinary Resolution 1

To approve the payment of Directors’ Fees amounting to RM405,000.00 for the financial year ended 31

December 2018.

 96,221,111 99.994700 5,100 0.005300 Carried
Ordinary Resolution 2

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 5 May 2019 until the next Annual General Meeting.

 96,224,111 99.997800 2,100 0.002200 Carried
Ordinary Resolution 3

To re-elect En. Kamil Bin Dato’ Haji Abdul Rahman as Director

 96,123,211 99.893000 103,000 0.107000 Carried
Ordinary Resolution 4

To re-appoint Messrs. PricewaterhouseCoopers (LLP0014401-LCA & AF 1146) as Auditors of the

Company until the conclusion of the next AGM and authorise the Directors to fix their remuneration.

 96,226,211 100.000000 0 0.000000 Carried
Ordinary Resolution 5

Authority to Issue Shares

 96,226,211 100.000000 0 0.000000 Carried
Special Resolution 1

Approval of the Proposed adoption of a new Constitution of the Company.

 96,226,211 100.000000 0 0.000000 Carried

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 BHD. (“THE COMPANY” OR “BHB”) – 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 Securities (“Listing Requirements”). The Board of Directors of BHB (“Board”) wishes to announce that there has been no material development on the matter since the First Announcement. Nevertheless the board are committed and currently discussing on the scheme to regularise the company’s PN17 status which will result in either significant change in the business direction/policy of the Company or will constitute a self-regularisation plan. An announcement in relation to the direction of the Regularisation Plan will be made by the Company on or before 27 May 2019. Further thereto, the Company has until 27 February 2020 to submit its Regularisation Plan to the relevant authorities for approval. This announcement is dated 2 May 2019

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BRAHIM’S HOLDINGS BERHAD (“BRAHIM’S” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 23,628,550 NEW ORDINARY SHARES IN BRAHIM’S, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF BRAHIM’S (“PRIVATE PLACEMENT”)

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TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionBRAHIM’S HOLDINGS BERHAD (“BRAHIM’S” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 23,628,550 NEW ORDINARY SHARES IN BRAHIM’S, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF BRAHIM’S (“PRIVATE PLACEMENT”)
Reference is made to the Company’s announcements dated 21 February 2018, 23 February 2018, 3 May 2018, 17 October 2018 and 24 October 2018 in relation to the Private Placement. Unless otherwise stated, words and phrases used in this announcement shall have the same meaning as defined in the announcement dated 21 February 2018. On behalf of the Board, HLIB wishes to announce that the Company, after considering the current market conditions including, amongst others, the deteriorating current market price of Brahim’s Shares as well as the Company being classified as a Practice Note 17 status company, has decided to abort the Private Placement. The Company will explore alternative method of fund raising to meet its funding requirement and regularisation plan. This announcement is dated 30 April 2019.