【SSTEEL 5665 交流专区】南方钢铁

icy97

icy97 发表于 28-10-2019 04:54 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6303077

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	SOUTHERN STEEL BERHAD ("SSB" OR THE "COMPANY")MEMORANDUM OF UNDERSTANDING FOR THE FORMATION OF A STRATEGIC ALLIANCE BETWEEN SSB AND ANN JOO RESOURCES BERHAD ("AJRB") IN RELATION TO THE LONG PRODUCT STEEL MANUFACTURING BUSINESSES OF SSB AND AJRB THROUGH A JOINT VENTURE COMPANY ("MOU")
Reference is made to the Company’s announcements dated 7 October 2019, 6 January 2020, 25 February 2020, 6 April 2020 and 18 May 2020 in relation to the MOU ("Announcements"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the aforesaid Announcements. On behalf of the Board of Directors of SSB, Hong Leong Investment Bank Berhad wishes to announce that SSB and AJRB have, via a mutual termination agreement dated 27 May 2020 ("Termination Agreement"), mutually agreed to terminate the MOU with immediate effect due to uncertain market conditions caused by the Covid-19 pandemic. The termination of the MOU is not expected to have any material effect on the consolidated earnings and net assets per share of the Company for the financial year ending 30 June 2020. A copy of the Termination Agreement will be made available for inspection at the registered office of SSB at Level 31, Menara Hong Leong, No. 6, Jalan Damanlela, Bukit Damansara, 50490 Kuala Lumpur during normal business hours from Mondays to Fridays (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 27 May 2020.

icy97

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	199,227	696,978	1,912,736	3,135,484
2	Profit/(loss) before tax	-37,744	-42,001	-456,598	-158,184
3	Profit/(loss) for the period	-49,009	-34,785	-466,915	-118,909
4	Profit/(loss) attributable to ordinary equity holders of the parent	-48,931	-34,850	-467,055	-119,048
5	Basic earnings/(loss) per share (Subunit)	-9.70	-8.04	-92.61	-27.45
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 ($$)	1.1300		1.9700

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2020	30 Sep 2019	30 Sep 2020	30 Sep 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	444,397	653,739	444,397	653,739
2	Profit/(loss) before tax	-28,366	-45,890	-28,366	-45,890
3	Profit/(loss) for the period	-28,073	-45,502	-28,073	-45,502
4	Profit/(loss) attributable to ordinary equity holders of the parent	-28,134	-45,586	-28,134	-45,586
5	Basic earnings/(loss) per share (Subunit)	-4.72	-10.51	-4.72	-10.51
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 ($$)	1.0800		1.1300

SOUTHERN STEEL BERHAD

Particulars of substantial Securities Holder

Name	SIGNALAND SDN BHD
Address	Level 31, Menara Hong Leong No. 6, Jalan Damanlela Bukit Damansara Kuala Lumur 50490 Wilayah Persekutuan Malaysia.
Company No.	895224-U
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	25 Nov 2020	11,630,000	Disposed	Direct Interest
	Name of registered holder	Signaland Sdn Bhd
	Address of registered holder	Level 31, Menara Hong Leong No. 6, Jalan Damanlela Bukit Damansara 50490 Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposal of shares to holding company
Nature of interest	Direct Interest
Direct (units)	40,715,194
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	40,715,194
Date of notice	26 Nov 2020
Date notice received by Listed Issuer	26 Nov 2020

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	487,072	444,397	487,072	444,397
2	Profit/(loss) before tax	39,692	-26,479	39,692	-26,479
3	Profit/(loss) for the period	32,233	-28,073	32,233	-28,073
4	Profit/(loss) attributable to ordinary equity holders of the parent	32,118	-28,134	32,118	-28,134
5	Basic earnings/(loss) per share (Subunit)	5.39	-4.72	5.39	-4.72
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 ($$)	1.2700		1.2200

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	SOUTHERN STEEL BERHAD ("SSB" OR "COMPANY")- PROPOSED DISPOSAL OF LAND IN JOHOR BAHRU, JOHOR BY SSB TO SINPPA INDUSTRIAL SDN BHD FOR RM65 MILLION
SSB wishes to announce that it has on 1 December 2021 entered into a conditional sale and purchase agreement with Sinppa Industrial Sdn Bhd (“SISB”) for the proposed disposal by SSB to SISB of 2 parcels of land situated at Mukim Sungai Tiram, Daerah Johor Bahru, Negeri Johor for a total cash consideration of RM65,000,000. The detailed announcement is herein attached. This announcement is dated 2 December 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3216031

Attachments Southern Steel Berhad - Disposal of Land.pdf

icy97

Notice of Person Ceasing (Section 139 of CA 2016)

SOUTHERN STEEL BERHAD

Particulars of Substantial Securities Holder

Name	SIGNALAND SDN BHD
Address	Level 31, Menara Hong Leong No. 6, Jalan Damanlela Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia.
Company No.	895224-U
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary shares
Name of registered holder	Signaland Sdn Bhd
Address of registered holder	Level 31, Menara Hong LeongNo. 6, Jalan DamanlelaBukit Damansara
Date of cessation	07 Dec 2021

No of securities disposed	11,630,000
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal of shares to holding company
Nature of interest	Direct Interest
Date of notice	07 Dec 2021
Date notice received by Listed Issuer	07 Dec 2021

Name	HONG LEONG MANUFACTURING GROUP SDN BHD
Address	Level 31, Menara Hong Leong No. 6, Jalan Damanlela Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia.
Company No.	747140-U
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	06 Dec 2021	11,630,000	Acquired	Direct Interest
	Name of registered holder	Hong Leong Manufacturing Group Sdn Bhd
	Address of registered holder	Level 31, Menara Hong Leong No. 6, Jalan Damanlela, Bukit Damansara 50490 Kuala Lumpur
	Description of "Others" Type of Transaction
2	06 Dec 2021	11,630,000	Disposed	Deemed Interest
	Name of registered holder	Signaland Sdn Bhd
	Address of registered holder	Level 31, Menara Hong Leong No. 6, Jalan Damanlela, Bukit Damansara 50490 Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition and disposal of shares between holding company and its subsidiary
Nature of interest	Direct and Indirect Interest
Direct (units)	259,705,115
Direct (%)
Indirect/deemed interest (units)	157,531,531
Indirect/deemed interest (%)
Total no of securities after change	417,236,646
Date of notice	07 Dec 2021
Date notice received by Listed Issuer	07 Dec 2021

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	527,200	581,754	2,246,895	2,386,435
2	Profit/(loss) before tax	-10,627	-23,513	-59,246	-143,776
3	Profit/(loss) for the period	1,064	-17,649	-55,622	-141,725
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,059	-17,932	-55,843	-141,437
5	Basic earnings/(loss) per share (Subunit)	0.18	-3.01	-9.37	-23.72
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 ($$)	0.9500		1.0500

icy97

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	TERM SHEET BETWEEN SOUTHERN STEEL BERHAD ("SSB" OR "COMPANY") AND GREEN ESTEEL PTE. LTD. ("ESTEEL") IN RELATION TO THE PROPOSED ISSUANCE OF NEW ORDINARY SHARES IN SSB ("SHARES") TO ESTEEL ("PROPOSED ISSUANCE OF SHARES")
On behalf of the Board of Directors of the Company, Hong Leong Investment Bank Berhad wishes to announce that the Company had on 11 September 2024 entered into a non-binding term sheet (“Term Sheet”) with Esteel, in relation to the Proposed Issuance of Shares, to undertake an issuance of new Shares, representing not less than 50.1% of the enlarged issued share capital of the Company after completion of the Proposed Issuance of Shares (“Issuance Shares”) to be subscribed by Esteel at an issue price fixed at RM0.42 per Issuance Share. Kindly refer to the attached document for further details on the Proposed Issuance of Shares. This announcement is dated 11 September 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482999

Attachments SSB - Announcement (Term Sheet) 11.09.2024.pdf

icy97

SOUTHERN STEEL BERHAD

Date of change	04 Oct 2024
Name	MR TAN TECK HENG
Age	50
Gender	Male
Nationality	Malaysia
Type of change	Resignation
Designation	Chief Financial Officer
Reason	To pursue other interests

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	484,343	566,230	1,059,152	1,168,038
2	Profit/(loss) before tax	-14,522	-8,573	-39,055	-46,236
3	Profit/(loss) for the period	-7,468	-10,821	-33,222	-50,360
4	Profit/(loss) attributable to ordinary equity holders of the parent	-7,395	-10,882	-33,089	-50,474
5	Basic earnings/(loss) per share (Subunit)	-1.24	-1.83	-5.55	-8.47
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	0.9000		0.9500

icy97

SOUTHERN STEEL BERHAD

Date of change	12 Feb 2025
Name	MR SEAH KIIN PENG
Age	48
Gender	Male
Nationality	Singapore
Type of change	Redesignation
Previous Position	Non Executive Director
New Position	Non Executive Chairman
Directorate	Non Independent and Non Executive

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	SOUTHERN STEEL BERHAD ("SSB" OR THE "COMPANY")EXECUTION OF TERM SHEET IN RELATION TO THE FOLLOWING:- (I) PROPOSED DISPOSAL OF EXISTING ORDINARY SHARES IN SOUTHERN STEEL MESH SDN BHD ("SSM") ("SSM SHARES") ("SALE SHARE(S)") BY SSB TO BRC ASIA LIMITED ("BRC" OR THE "PURCHASER") ("PROPOSED DISPOSAL"); AND(II) PROPOSED SUBSCRIPTION OF NEW SSM SHARES ("SUBSCRIPTION SHARE(S)") BY BRC ("PROPOSED SUBSCRIPTION"),(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
The board of directors of SSB (“Board”) wishes to announce that the Company had, on 28 February 2025, executed a non-binding term sheet (“Term Sheet”) with BRC and SSM, for the purpose of outlining the principal terms and conditions of the Proposals, with the aim that the Proposals will result in BRC becoming the controlling shareholder of SSM (i.e. holding more than 50% of the enlarged issued share capital of SSM after the completion of the Proposals). SSB, SSM and the Purchaser (collectively referred to as the “Parties”) have agreed to negotiate on the terms of the Proposals and achieve a mutual agreement on the disposal consideration for the Sale Shares and the issue price for the Subscription Shares. The terms of the Proposals will be formalised in a conditional share purchase and subscription agreement (“SPSA”) to be entered into by the Parties within 3 months from the date of the Term Sheet or at such extended period to be mutually agreed by the Parties. A detailed announcement on the Proposals will be made upon execution of the SPSA. Please refer to the attachment for details of the announcement. This announcement is dated 28 February 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3530498

Attachments SSB - Announcement on the Term Sheet (28 Feb 2025).pdf

icy97

SOUTHERN STEEL BERHAD

Date of change	17 Apr 2025
Name	MR ZHANG CHENG
Age	37
Gender	Male
Nationality	Singapore
Type of change	Redesignation
Previous Position	Non Executive Director
New Position	Executive Director
Directorate	Executive

icy97

icy97 发表于 9-3-2025 10:24 AM
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_det ...

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	SOUTHERN STEEL BERHAD ("SSB" OR THE "COMPANY")PROPOSED DISPOSAL OF 12,883,562 EXISTING ORDINARY SHARES IN SOUTHERN STEEL MESH SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SSB ("SSM") ("SSM SHARE(S)" OR "SALE SHARE(S)"), REPRESENTING APPROXIMATELY 55.0% EQUITY INTEREST IN SSM, BY SSB TO BRC ASIA LIMITED ("BRC" OR THE "PURCHASER") FOR A TOTAL CASH CONSIDERATION OF RM61.05 MILLION ("PROPOSED DISPOSAL")
On 28 February 2025, the board of directors of the Company (“Board”) announced that the Company had, on even date, executed a non-binding term sheet (“Term Sheet”) with BRC and SSM, for the purpose of outlining the principal terms and conditions for the following:- proposed disposal of existing SSM Shares by SSB to BRC; and proposed subscription of new SSM Shares by BRC (“Proposed Subscription”), with the aim of BRC becoming the controlling shareholder of SSM (i.e. holding more than 50% of the enlarged issued share capital of SSM) after the completion of the above proposed corporate exercises. Pursuant to the Term Sheet, SSB, SSM and BRC have a period of 3 months from the date of the Term Sheet to negotiate and finalise the terms of the conditional share purchase and subscription agreement. Subsequent thereto, after the conclusion of negotiations, SSB and BRC resolved to pursue only the Proposed Disposal (and to forgo the previously contemplated Proposed Subscription). Hence, in relation thereto, on behalf of the Board, UOB Kay Hian Securities (M) Sdn Bhd wishes to announce that the Company had, on 22 April 2025, entered into a conditional share purchase agreement with BRC in relation to the Proposed Disposal. Further details of the Proposed Disposal are set out in the attachment enclosed. This announcement is dated 22 April 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3545924

Attachments SSB - Announcement (22 April 2025).pdf