【MAG 0095 交流专区】（前名 XINGHE ）

icy97

MAG HOLDINGS BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Others
Details of corporate proposal	Conversion of Redeemable Convertible Notes
No. of shares issued under this corporate proposal	15,000,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.2000
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	1,408,323,465
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 503,958,995.000
Listing Date	29 Oct 2021

icy97

Profile for Securities of PLC

MAG HOLDINGS BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Description	Bonus issue of 352,080,075 warrants of MAG Holdings Berhad ("MAG") ("Warrants C") on the basis of 1 Warrant C for every 4 existing ordinary shares in MAG held as at 5.00 p.m. on 2 November 2021 ("Entitlement Date") ("Bonus Issue of Warrants")

Listing Date	16 Nov 2021
Issue Date	10 Nov 2021
Issue/ Ask Price	Not Applicable
Issue Size Indicator	Unit
Issue Size in Unit	352,080,075
Maturity	Mandatory
Maturity Date	08 Nov 2024
Revised Maturity Date
Name of Guarantor	Not Applicable
Name of Trustee	Not Applicable
Coupon/Profit/Interest/Payment Rate	Not Applicable
Coupon/Profit/Interest/Payment Frequency	Not Applicable
Redemption	Not Applicable
Exercise/Conversion Period	3.00   Year(s)
Revised Exercise/Conversion Period	Not Applicable
Exercise/Strike/Conversion Price	Malaysian Ringgit (MYR)   0.1600
Revised Exercise/Strike/Conversion Price	Not Applicable
Exercise/Conversion Ratio	1:1
Revised Exercise/Conversion Ratio	Not Applicable
Mode of satisfaction of Exercise/ Conversion price	Cash
Settlement Type/ Convertible into	Physical (Shares)

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	18,081	0	18,081	0
2	Profit/(loss) before tax	4,888	0	4,888	0
3	Profit/(loss) for the period	5,804	0	5,804	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,806	0	5,806	0
5	Basic earnings/(loss) per share (Subunit)	0.45	0.00	0.45	0.00
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 ($$)	0.6700		0.8300

icy97

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	140,918	87,142	305,074	201,637
2	Profit/(loss) before tax	22,469	19,503	45,020	45,817
3	Profit/(loss) for the period	14,942	10,673	34,739	34,481
4	Profit/(loss) attributable to ordinary equity holders of the parent	14,943	10,678	36,390	34,493
5	Basic earnings/(loss) per share (Subunit)	0.90	0.67	2.22	2.28
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 ($$)	0.4900		0.4800

icy97

MAG 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 C to Ordinary Shares
No. of shares issued under this corporate proposal	43,238,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.1600
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	1,742,456,340
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 558,412,600.690
Listing Date	10 Oct 2024

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2024	31 Dec 2023	31 Dec 2024	31 Dec 2023
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	67,919	51,382	138,874	98,367
2	Profit/(loss) before tax	10,891	8,394	21,513	14,995
3	Profit/(loss) for the period	10,714	6,874	21,160	13,299
4	Profit/(loss) attributable to ordinary equity holders of the parent	10,714	8,523	21,161	14,949
5	Basic earnings/(loss) per share (Subunit)	0.58	0.53	1.20	0.94
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	0.4600		0.4900

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	MAG HOLDINGS BERHAD (MAG OR THE COMPANY)SALE AND PURCHASE AGREEMENT BETWEEN NORTH CUBE SDN. BHD. AND CHONG KAH NYUK @ LILIAN
The Board of Directors of MAG wishes to announce that North Cube Sdn. Bhd. [Registration No. 201601030422 (1201363-X)], the wholly-owned subsidiary of the Company, had on 14 March 2025 entered into a conditional sale and purchase agreement (SPA) with Ms. Chong Kah Nyuk @ Lilian for the purchase of a farm land provisionally known as Country Lease 105773840, Mile 15, Apas Road, Tawau, Sabah, at a purchase price of Ringgit Malaysia Seven Million (RM7,000,000.00) only, under the terms and conditions as stipulated in the SPA. Please refer to the attachment for further details. This announcement is dated 14 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3535226

Attachments MAG - SPA - Chong KahNyuk@Lilian.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	MAG HOLDINGS BERHAD (MAG OR THE COMPANY)I.        SALE AND PURCHASE AGREEMENT; AND II.        ASSET SALE AND PURCHASE AGREEMENT BETWEEN NORTH CUBE SDN. BHD. AND PEGAGAU AQUACULTURE SDN. BHD.
The Board of Directors of MAG wishes to announce that North Cube Sdn. Bhd. [Registration No. 201601030422 (1201363-X)], the wholly-owned subsidiary of the Company, had on 14 March 2025 entered into the following agreements with Pegagau Aquaculture Sdn. Bhd. [Registration No.  200001022963 (525571-V) for the following acquisitions, at the total purchase consideration of Ringgit Malaysia Thirty Two Million Six Hundred Thousand (RM32,600,000.00) only, under the terms and conditions as stipulated in the respective agreements: (a) a sale and purchase agreement for the purchase of seven (7) lots of lands (Farm Lands); and (b) asset sale and purchase agreement for the purchase of farm assets located on the Farm Lands, (collectively referred to as “Proposed Acquisition”). Please refer to the attachment for further details. This announcement is dated 14 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3535227

Attachments MAG - SPA - Pegagau.pdf

icy97

MAG HOLDINGS BERHAD

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-19032025-00002
Subject	Proposed acquisition by North Cube Sdn. Bhd., a wholly-owned subsidiary of MAG Holdings Berhad from Ms. Chong Kah Nyuk @ Lilian of the a farm land provisionally known as Country Lease 1055773840, Mile 15, Apas Road, Tawau, Sabah (“Farm Land”) at a purchase consideration of RM7,000,000.00 (“Proposed Acquisition”)
Description	MAG HOLDINGS BERHAD (MAG OR THE COMPANY)SALE AND PURCHASE AGREEMENT BETWEEN NORTH CUBE SDN. BHD. AND CHONG KAH NYUK @ LILIAN
Query Letter Contents	We refer to your Company’s announcement dated 14 March 2025, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1. Breakdown of the sources of funding for the Proposed Acquisition between bank borrowing and internally generated fund. 2. a) The basis of arriving at the total purchase consideration, other than on a “willing buyer willing seller” basis; and (b) the justification for the purchase consideration. 3. The terms of tenure of the Farm Land and if leasehold, the expiry date of the lease. 4. Whether any valuation was carried out on the Farm Land; if so, the name of the independent registered valuer, date and method of valuation and quantification of the market value. 5. The existing and proposed use of the Farm Land. 6. The estimated time frame to complete the Proposed Acquisition. 7. To state the prospect of the Farm Land 8. To state the amount transacted with Mr. Melvin Lim Chin Woei in the past 12 months. 9. To define “effective date” in line 2, para 2 of Section 3.1.
(The abbreviations used herein are consistent with those stated in the announcement dated 14 March 2025 (Announcement) unless defined otherwise.) Reference is made to the Announcement pertaining to the SPA between NCSB and Ms. Chong Kah Nyuk @ Lilian. The Board wishes to announce the following additional information. Please refer to the attachment for additional information. This announcement is dated 20 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3536471

Attachments MAG - Additional Information (SPA).pdf

icy97

MAG HOLDINGS BERHAD

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-19032025-00001
Subject	Proposed acquisition by North Cube Sdn. Bhd., a wholly-owned subsidiary of MAG Holdings Berhad from Pegagau Aquaculture Sdn. Bhd of Farm Lands and Farm Assets
Description	MAG HOLDINGS BERHAD (MAG OR THE COMPANY)I.        SALE AND PURCHASE AGREEMENT; AND II.        ASSET SALE AND PURCHASE AGREEMENT BETWEEN NORTH CUBE SDN. BHD. AND PEGAGAU AQUACULTURE SDN. BHD.
Query Letter Contents	Proposed acquisition by North Cube Sdn. Bhd., a wholly-owned subsidiary of MAG Holdings Berhad from Pegagau Aquaculture Sdn. Bhd (“PASB”) of the following: a)      seven (7) lots of lands (“Farm Lands”); and b)      farm assets located on the Farm Lands (“Farm Assets”) at the total purchase consideration of RM32,600,000.00 (“Proposed Acquisition”) _____________________________________________________________________________ We refer to your Company’s announcement dated 14 March 2025, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1. The net book value of the Farm Lands and Farm Assets based on PASB’s latest audited financial statements. 2. The direct and/or indirect shareholdings of the shareholders of PASB in PASB. 3. Breakdown of the sources of funding for the Proposed Acquisition between bank borrowing and internally generated fund. 4. a) The basis of arriving at the total purchase consideration, other than on a “willing buyer willing seller” basis. If it was based on net book value, the year the net book value were taken into consideration, quantifying the net book value and stating whether it was based on audited financial statements; and (b) the justification for the total purchase consideration. 5. A brief description of the buildings and structures, i.e., number of units, number of storeys, approximate area etc. and in respect of the  buildings, the following: (a) the amount of lettable space; (b) the amount of lettable space available for letting and the occupancy; and (c) the percentage of occupancy. 6. A brief description of the plant and machinery, equipment and motor vehicle, i.e. type, number of units each, etc. 7. The approximate age of the buildings and structures, plant and machinery, equipment and motor vehicle. 8. Whether any valuation was carried out on the Farm Lands; if so, the name of the independent registered valuer, date and method of valuation and quantification of the market value. 9. The production/output of the prawn farm in the past 3 years. 10. The estimated time frame to complete the Proposed Acquisition. 11. To state the prospect of the Farm Land and Farm Assets. 12. To state the amount transacted with Mr. Melvin Lim Chin Woei in the past 12 months. 13. Proposed usage of the Farm Lands and Farm Assets.
(The abbreviations used herein are consistent with those stated in the announcement dated 14 March 2025 (Announcement) unless defined otherwise.) Reference is made to the Announcement pertaining to the SPA and Asset SPA between NCSB and Pegagau Aquaculture Sdn. Bhd. The Board wishes to announce the following additional information. Please refer to the attachment for additional information. This announcement is dated 20 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3536473

Attachments MAG - Additional Information (SPA and Asset SPA).pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	MAG HOLDINGS BERHAD (MAG OR THE COMPANY)TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)RELATED PARTY TRANSACTIONSI.        SALE AND PURCHASE AGREEMENT; AND II.        ASSET SALE AND PURCHASE AGREEMENT BETWEEN NORTH CUBE SDN. BHD. AND PEGAGAU AQUACULTURE SDN. BHD.
(The abbreviations used herein are consistent with those stated in the announcement dated 14 March 2025 and Bursa Securities’ queries dated 19 March 2025 which MAG had replied on 20 March 2025 (Announcements) unless defined otherwise.) Reference is made to the Announcements pertaining to the SPA and Asset SPA between NCSB and Pegagau Aquaculture Sdn. Bhd. The Board wishes to announce the following additional information. Please refer to the attachment for further details. This announcement is dated 26 March 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3538181

Attachments MAG - Additional Information (SPA and Asset SPA).pdf

icy97

Change in Financial Year End

MAG HOLDINGS BERHAD

Old financial year end	30 Jun 2025
New financial year end	31 Dec 2025

Remarks :

The Board of Directors of MAG Holdings Berhad has approved the change of financial year end from 30 June to 31 December (Change). The Change is to ensure that future financial reporting aligns to the newly acquired farms existing financial year end which expected to impact the nature and timing of its operations. Following the Change, the next set of financial statements will cover 18 months from 1 July 2024 to 31 December 2025.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2025

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		Three Months	Three Months	Nine Months	Nine Months
		01 Jan 2025 To	01 Jan 2024 To	01 Jul 2024 To	01 Jul 2023 To
		31 Mar 2025	31 Mar 2024	31 Mar 2025	31 Mar 2024
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	74,700	65,789	213,574	164,156
2	Profit/(loss) before tax	8,816	7,555	30,329	22,550
3	Profit/(loss) for the period	8,612	6,498	29,772	19,797
4	Profit/(loss) attributable to ordinary equity holders of the parent	8,612	6,498	29,773	21,447
5	Basic earnings/(loss) per share (Subunit)	0.46	0.40	1.65	1.33
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	0.4500		0.4900