Quarterly report on consolidated results for the financial period ended 30 Jun 2017

Quarterly rpt on consolidated results for the financial period ended 30 Jun 2017

BRAHIM’S HOLDINGS BERHAD


Financial Year End 31 Dec 2017
Quarter 2 Qtr
Quarterly report for the financial period ended 30 Jun 2017
The figures have not been audited

Bursa BHB 2017-Q2

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2017

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2017
30 Jun 2016
30 Jun 2017
30 Jun 2016
$$’000
$$’000
$$’000
$$’000
1 Revenue
69,539
61,474
140,875
121,925
2 Profit/(loss) before tax
-1,027
-6,552
-1,359
-11,084
3 Profit/(loss) for the period
-1,359
-6,582
-2,150
-11,342
4 Profit/(loss) attributable to ordinary equity holders of the parent
-2,016
-5,795
-3,869
-10,821
5 Basic earnings/(loss) per share (Subunit)
-0.85
-2.45
-1.64
-4.58
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 ($$)
1.0299
1.0391
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

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR BRAHIMS HOLDINGS BERHAD (“BHB” OR “THE COMPANY”) Companies Winding-Up Petition No. KCH-28NCC-19/ 6-2017 (HC 1) Petitioner: Hock Seng Lee Berhad Respondent: Admuda Sdn. Bhd., a 60% owned subsidiary of BHB

BRAHIM’S HOLDINGS BERHAD

 

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
BRAHIMS HOLDINGS BERHAD ("BHB" OR "THE COMPANY")
Companies Winding-Up Petition No. KCH-28NCC-19/ 6-2017 (HC 1)
Petitioner: Hock Seng Lee Berhad
Respondent: Admuda Sdn. Bhd., a 60% owned subsidiary of BHB

Reference is made to the Company’s announcements dated 15 June 2016, 23 February 2017 and 6 March 2017 in relation to material litigation between Hock Seng Lee Berhad (“HSL”) and Admuda Sdn. Bhd. (“Admuda”).

BHB wishes to announce that:-

  1. A winding-up Petition was served on Admuda on 21 June 2017.
  2. The winding-up petition is based on a summary of judgement obtained by HSL against Admuda vide judgement dated 17 February 2017 for the sum of RM6,939,196.75 and interest that the Court deems fit and cost of RM6,000. Admuda aggrieved with the said judgement and has appealed to the Court of Appeal.
  3. Based on the said Judgement and failure of Admuda to obtain a stay of execution, HSL commenced the said winding-up proceedings.
  4. BHB has 60% equity in Admuda and it is not a major subsidiary of BHB.
  5. The Board of Directors believe that there is minimal financial and operational impact of the winding-up proceedings on the Group as Admuda has thus far been dormant. Due to the long delay in commencing its business, BHB has for accounting purposes treated the balance of the value of the investment to RM8 million as non-current assets as reported on page 60 of BHB’s 2016 Annual Report.
  6. The total losses from the winding-up proceedings is basically the Company’s initial investment.
  7. Admuda being a legal entity has taken steps to appeal against the said judgement and will seek a postponement of the winding-up proceedings, if possible.

The Company will make the necessary announcement on further developments on this matter in due course.

This announcement is dated 23 June 2017

GENERAL MEETINGS: Outcome of Meeting

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 18 May 2017
Time 10:30 AM
Venue
Café Barbera 
18, Lorong Maarof 
Bangsar Park
59000 Kuala Lumpur
Outcome of Meeting

Please refer to attachment for the outcome of the 35th Annual General Meeting of Brahim’s Holdings Berhad.

This announcement is dated 18 May 2017.

Poll Result for the 35th AGM

MEMORANDUM OF UNDERSTANDING BRAHIM’S HOLDINGS BERHAD (“the Company” or “BHB”) – Update on Memorandum of Understanding (“MOU”) entered between BHB and Carpenter Beef Pty Ltd

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
BRAHIM'S HOLDINGS BERHAD ("the Company" or "BHB")
- Update on Memorandum of Understanding ("MOU") entered between BHB and Carpenter Beef Pty Ltd

Further to the Company’s announcement made on 23 February 2017, the Board of Directors of the Company wishes to announce that there is no further material development since the signing of the above MOU dated 2 December 2014.

This announcement is dated 23 May 2017.

MEMORANDUM OF UNDERSTANDING BRAHIM’S HOLDINGS BERHAD (“the Company” or “BHB”) – Update on Memorandum of Understanding (“MOU”) entered between BHB and Halal Industry Development Corporation Sdn. Bhd

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
BRAHIM'S HOLDINGS BERHAD ("the Company" or "BHB")
- Update on Memorandum of Understanding ("MOU") entered between BHB and Halal Industry Development Corporation Sdn. Bhd.

Further to the Company’s announcement made on 23 February 2017, the Board of Directors of the Company wishes to announce that there is no further material development since the signing of the above MOU dated 13 May 2008.

This announcement is dated 23 May 2017.

MEMORANDUM OF UNDERSTANDING BRAHIM’S HOLDINGS BERHAD (“the Company” or “BHB”) – Update on Memorandum of Understanding (“MOU”) entered between BHB and Nippon Express (Malaysia) Sdn. Bhd.

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
BRAHIM'S HOLDINGS BERHAD ("the Company" or "BHB")
- Update on Memorandum of Understanding ("MOU") entered between BHB and Nippon Express (Malaysia) Sdn. Bhd.

Further to the Company’s announcement made on 23 February 2017, the Board of Directors of the Company wishes to announce that there is no further material development since the signing of the above MOU dated 15 June 2015.

This announcement is dated 23 May 2017.

MEMORANDUM OF UNDERSTANDING BRAHIM’S HOLDINGS BERHAD (“the Company” or “BHB”) – Update on Memorandum of Understanding (“MOU”) entered between BHB and Universiti Teknologi MARA Malaysia

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
BRAHIM'S HOLDINGS BERHAD ("the Company" or "BHB")
- Update on Memorandum of Understanding ("MOU") entered between BHB and Universiti Teknologi MARA Malaysia

Further to the Company’s announcement made on 23 February 2017, the Board of Directors of the Company wishes to announce that there is no further material development since the signing of the above MOU dated 18 February 2013.

This announcement is dated 23 May 2017.

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2017

Bursa BHB 2017-Q1

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2017

 

 

INDIVIDUAL PERIOD

CUMULATIVE PERIOD

CURRENT YEAR QUARTER

PRECEDING YEAR
CORRESPONDING
QUARTER

CURRENT YEAR TO DATE

PRECEDING YEAR
CORRESPONDING
PERIOD

31 Mar 2017

31 Mar 2016

31 Mar 2017

31 Mar 2016

$$’000

$$’000

$$’000

$$’000

1 Revenue

71,336

60,451

71,336

60,451

2 Profit/(loss) before tax

-332

-4,532

-332

-4,532

3 Profit/(loss) for the period

-791

-4,760

-791

-4,760

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

-1,853

-5,026

-1,853

-5,026

5 Basic earnings/(loss) per share (Subunit)

-0.78

-2.13

-0.78

-2.13

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 ($$)

1.0360

1.0390


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