【TWL 7079 交流专区】（前名 TIGER ）

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TWL HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Conversion of Loan Stocks
Details of corporate proposal	Conversion of RCULS to Ordinary Shares
No. of shares issued under this corporate proposal	110,496,600
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.0300
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	5,876,347,035
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 420,670,754.600
Listing Date	19 Aug 2024

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TWL HOLDINGS BERHAD

Date of change	28 Aug 2024
Name	DATIN SEK CHIAN NEE
Age	57
Gender	Female
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	To focus on other personal commitments
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
1	Diploma	Perguruan	Kementerian Pelajaran Malaysia

Working experience and occupation	Datin Sek Chian Nee completed her Diploma in Perguruan in Kementerian Pelajaran Malaysia in 1993. Upon graduation, she joined the education industry in Bahau, Negeri Sembilan Darul Khusus as a Teacher. She joined TWL Holdings Berhad as a Group Human Resources and Admin General Manager since 2006. She was appointed as an  Executive Director of TWL Holdings Berhad on 29 May 2015.
Family relationship with any director and/or major shareholder of the listed issuer	Datin Sek Chian Nee is the wife of Dato' Tan Wei Lian who is the Executive Chairman of TWL Holdings Berhad.
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: 241,509,513 ORDINARY SHARESINDIRECT INTEREST: 1,066,838,491

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Expiry/Maturity of the securities

TWL HOLDINGS BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Type Of Expiry	Expiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion price	Cash
Exercise/ Strike/ Conversion Price	Malaysian Ringgit (MYR) 0.0400
Exercise/ Conversion Ratio	1:1
Settlement Type / Convertible into	Physical (Shares)
Last Date & Time of Trading	18 Sep 2024 05:00 PM
Date & Time of Suspension	19 Sep 2024 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c	27 Sep 2024 04:30 PM
Date & Time of Expiry	04 Oct 2024 05:00 PM
Date & Time for Delisting	07 Oct 2024 09:00 AM

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3478899

Attachments TWLH-Circular Expiry of Warrant D 26.08.2024 - FINAL.pdf

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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	28,451	10,815	51,165	25,691
2	Profit/(loss) before tax	10,921	1,460	18,586	-2,641
3	Profit/(loss) for the period	672	1,411	7,292	-3,129
4	Profit/(loss) attributable to ordinary equity holders of the parent	672	1,411	7,292	-3,129
5	Basic earnings/(loss) per share (Subunit)	0.01	0.03	0.13	-0.08
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 ($$)	0.0800		0.1100

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TWL HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Exercise of Warrants
Details of corporate proposal	Conversion of Warrants D ( 2021/2024) to Ordinary Shares
No. of shares issued under this corporate proposal	80,723,437
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.0400
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	5,965,743,072
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 425,414,311.630
Listing Date	18 Sep 2024

icy97

TWL HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Exercise of Warrants
Details of corporate proposal	Conversion of Warrants D ( 2021/2024) to Ordinary Shares
No. of shares issued under this corporate proposal	70,756,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.0400
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	6,036,499,072
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 429,305,891.630
Listing Date	24 Sep 2024

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TWL HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Exercise of Warrants
Details of corporate proposal	Conversion of Warrants D ( 2021/2024) to Ordinary Shares
No. of shares issued under this corporate proposal	122,378,275
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.0400
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	6,158,877,347
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 436,036,696.760
Listing Date	27 Sep 2024

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TWL HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name	TWL CAPITAL BERHAD
Address	T3-13A-20, 3 Towers, Menara 3, No. 296, Jalan Ampang Kuala Lumpur 50450 Wilayah Persekutuan Malaysia.
Company No.	200601021373
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	20 Sep 2024	65,705,400	Acquired	Direct Interest
	Name of registered holder	TWL Capital Berhad
	Address of registered holder	T3-13A-20, 3 Towers, Menara 3, No. 296, Jalan Ampang, 50450 Kuala Lumpur, Malaysia
	Description of "Others" Type of Transaction
2	26 Sep 2024	24,000,000	Acquired	Indirect Interest
	Name of registered holder	Datin Sek Chian Nee
	Address of registered holder	TWL Mansion, No. 88, Jalan Kilat, 70200 Seremban, Negeri Sembilan, Malaysia.
	Description of "Others" Type of Transaction
3	01 Oct 2024	15,000,000	Acquired	Indirect Interest
	Name of registered holder	Datin Sek Chian Nee
	Address of registered holder	TWL Mansion, No. 88, Jalan Kilat, 70200 Seremban, Negeri Sembilan, Malaysia.
	Description of "Others" Type of Transaction
4	01 Oct 2024	16,000,000	Acquired	Indirect Interest
	Name of registered holder	Datin Sek Chian Nee
	Address of registered holder	TWL Mansion, No. 88, Jalan Kilat, 70200 Seremban, Negeri Sembilan, Malaysia.
	Description of "Others" Type of Transaction
5	02 Oct 2024	11,645,000	Acquired	Indirect Interest
	Name of registered holder	Datin Sek Chian Nee
	Address of registered holder	TWL Mansion, No. 88, Jalan Kilat, 70200 Seremban, Negeri Sembilan, Malaysia.
	Description of "Others" Type of Transaction
6	08 Oct 2024	986,975	Acquired	Indirect Interest
	Name of registered holder	Dato' Tan Wei Lian
	Address of registered holder	TWL Mansion, No. 88, Jalan Kilat, 70200 Seremban, Negeri Sembilan, Malaysia.
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	1. Acquisition of Ordinary via Direct Business Transaction.2. Acquisition of Ordinary via Direct Business Transaction by Datin Sek Chian Nee.3. Acquisition of Ordinary via Direct Business Transaction by Datin Sek Chian Nee.4. Acquisition of Ordinary Shares through Open Market by Datin Sek Chian Nee.5. Acquisition of Ordinary Shares through Open Market by Datin Sek Chian Nee.6. Acquisition of Ordinary Shares through Open Market by Dato' Tan Wei Lian.
Nature of interest	Direct and Indirect Interest
Direct (units)	562,957,100
Direct (%)	9.097
Indirect/deemed interest (units)	878,728,279
Indirect/deemed interest (%)	14.2
Total no of securities after change	1,441,685,379
Date of notice	09 Oct 2024
Date notice received by Listed Issuer	09 Oct 2024

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Type	Announcement
Subject	OTHERS
Description	NOTICES OF ASSESSMENT FOR THE YEARS OF ASSESSMENT 2017,2018,2019,2021,2022, AND 2023.
TWL Holdings Berhad ("TWL") wishes to announce that TWL received notices of assessment for the years of assessment 2017,2018,2019,2021,2022, and 2023 ("Notices") by the Inland Revenue Board of Malaysia ("IRB") amounting in aggregate to RM36,025,774.46. The additional taxes and penalty are imposed based on the two issues:- (a) Deemed interest imposed on TWL under section 140A of the Income Tax Act; and (b) Disallowing deduction of employee share option scheme ("ESOS") expenses. Based on the legal advice and opinion obtained from the tax solicitors, TWL is of the view that it has a good basis in law to contend the said assessment were incorrectly raised by IRB. TWL has filed a judicial review against the IRB at the High Court of Malaya to challenge the matters arising from the said Notices. The hearing was held on 22 January 2025. Upon hearing from both parties, the Judge granted an interim stay order to stay the effect and enforcement of all the Notices of Assessment until the disposal of the leave application. The Judge fixed for a case management on 26.02.2025. This announcement is dated 06 February 2025.