【HHRG 0175 交流专区】（前名 HHGROUP）

icy97

HHRG BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	ESOS
Details of corporate proposal	Exercise of SIS
No. of shares issued under this corporate proposal	10,000,000
Issue price per share	Malaysian Ringgit (MYR)   0.1050
Par Value (if applicable)	Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units	974,441,259
Issued Share Capital	Malaysian Ringgit (MYR) 166,081,792.810
Listing Date	14 Apr 2025

icy97

icy97 发表于 6-5-2025 02:39 AM

Type	Announcement
Subject	OTHERS
Description	HHRG Berhad ("HHRG" or "the Company")  - Suspension of the Company's Chief Executive Officer
The Company refer to its announcement dated 7 April 2025. The Board of Directors wishes to announce that the company had on 18 April 2025 issued a letter to Fong Chee Khuen, Chief Executive Officer of the Company on the extension of  suspension period for another 2 week until 4 May 2025, pending the outcome of an internal investigation. The Company shall announce further developments on the above matter as and when necessary. This announcement is dated 21 April 2025.

icy97

Type	Announcement
Subject	OTHERS
Description	HHRG Berhad ("HHRG" or "the Company")  - Suspension of the Company's Chief Executive Officer
The Company refer to its announcements dated 7 April 2025 and 21 April 2025 . The Board of Directors wishes to announce that the company had on 28 April 2025 issued  a letter of Show Cause and Second Extension of Suspension to Fong Chee Khuen, Chief Executive Officer of the Company, seeking clarification on some financial transactions and personal conduct. The suspension is extended until further notice pending Fong Chee Khuen's reply to the show cause and the Board's deliberation on his reply. The Company shall announce further development on the above matter as and when necessary. This announcement is dated 29 April 2025.

icy97

Change in Financial Year End

HHRG BERHAD

Old financial year end	31 Mar 2025
New financial year end	30 Sep 2025

Remarks :

The change in the financial year end of HHRG Berhad ("Company") from 31 March to 30 September is due to MG Furniture Sdn Bhd, a 51% owned subsidiary of the Company being under internal investigation. As a result, the Board foresees that the audited financial statements of the Company will not be able to be finalised by 31 July 2025 for announcement to Bursa Malaysia Securities Berhad. The Board of Directors opined that the change in the financial year end is in the best interest of the Company.

icy97

Type	Announcement
Subject	OTHERS
Description	HHRG Berhad ("HHRG" or "the Company")  - Suspension of the Company's Chief Executive Officer
The Company refer to its announcements dated 7 April 2025, 21 April 2025 and 29 April 2025. The Board of Directors wishes to announce that the Company had,  on 08 May 2025,  dismissed Mr. Fong Chee Khuen as Chief Executive Officer of the Company, with immediate effect  due to  serious misconduct and abuse of authority. This announcement is dated 08 May 2025.

icy97

HHRG BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	ESOS
Details of corporate proposal	Exercise of SIS
No. of shares issued under this corporate proposal	12,000,000
Issue price per share	Malaysian Ringgit (MYR)   0.1050
Par Value (if applicable)	Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units	990,441,259
Issued Share Capital	Malaysian Ringgit (MYR) 167,761,792.810
Listing Date	20 May 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	Twelve Months	Twelve Months
		01 Jan 2025 To	01 Jan 2024 To	01 Apr 2024 To	01 Apr 2023 To
		31 Mar 2025	31 Mar 2024	31 Mar 2025	31 Mar 2024
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	27,842	29,441	123,353	124,322
2	Profit/(loss) before tax	-1,685	32	11,168	10,219
3	Profit/(loss) for the period	-2,159	357	8,629	7,858
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,150	256	8,572	7,089
5	Basic earnings/(loss) per share (Subunit)	-0.22	0.03	0.92	0.82
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	0.2400		0.2400

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	UNINCORPORATED JOINT VENTURE AGREEMENT SALE AND PURCHASE AGREEMENTS FOR TWO (2) PIECES OF LANDS CALL OPTION AGREEMENT TO ACQUIRE UP TO 51% OF THE EQUITY INTEREST IN UDARAN SDN BHD
The Board of Directors of the Company wishes to announce that : 1. Open Road (East Coast) Sdn. Bhd., the wholly-owned subsidiary of the Company (the “OREC” or the “Purchaser”) has on 28 May 2025: a) entered into an unincorporated joint venture agreement (“UJVA”) with Udaran Sdn Bhd (“Udaran”) and Tregon Construction Sdn Bhd (“Tregon”) to develop an existing mixed development project in Kuala Terengganu; and b) entered into sale and purchase agreements with Tregon. (the “Vendor”) for the acquisition of the following lands from Tregon for a total consideration of RM13,000,000: Details Purchase Price (RM) Land 1 All that piece of leasehold land for 99 years expiring on the 3rd October 2114 held under No. Hakmilik PM 3668, No. Lot 78303 (previously known as Hakmilik Sementara No. H.S.(M) 11464, No. PT 28519), Tempat Muara Sungai Marang, Mukim Pulau Kerengga, Daerah Marang, Negeri Terengganu measuring approximately 19,543 square metres (previously recorded as 19,542 square meters), with the land use category of “Building”. 11,000,000.00 Land 2 All that piece of leasehold land for 99 years expiring on the 28th September 2114 held under No. Hakmilik PM 3669, No. Lot 78304 (previously known as Hakmilik Sementara No. H.S.(M) 11338, No. PT 28520), Tempat Muara Sungai Marang, Mukim Pulau Kerengga, Daerah Marang, Negeri Terengganu measuring approximately 2,042 square metres, with the land use category of “Building”. 2,000,000.00        (Land 1 and Land 2 collectively referred to as the “Property”) 2.  HHRG Berhad ("HHRG") has 28 May 2025 entered into a 3-year call option agreement with Udaran to acquire up to 51% of equity interest in Udaran. Please refer to the attachment for further details of the Agreement. This announcement  is dated  29 May 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3557805

Attachments Announcement dated 29 May 2025.pdf

icy97

HHRG BERHAD

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-03062025-00001
Subject	(I) UNINCORPORATED JOINT VENTURE AGREEMENT ("UJVA");(II) SALE AND PURCHASE AGREEMENTS FOR TWO (2) PIECES OF LANDS ("ACQUISITIONS"); AND (III) CALL OPTION AGREEMENT TO ACQUIRE UP TO 51% OF THE EQUITY INTEREST IN UDARAN SDN BHD ("CALL OPTION AGREEMENT")
Description	UNINCORPORATED JOINT VENTURE AGREEMENT SALE AND PURCHASE AGREEMENTS FOR TWO (2) PIECES OF LANDS CALL OPTION AGREEMENT TO ACQUIRE UP TO 51% OF THE EQUITY INTEREST IN UDARAN SDN BHD
Query Letter Contents	We refer to your Company’s announcement dated 29 May 2025 in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1. To clarify if the construction work in the UJVA will be carried out entirely by Udaran Sdn Bhd (“Udaran”) and the total development costs will be borne entirely by Udaran. 2. In relation to the development project under the UJVA, the following additional details: (a) the total development cost; (b) the expected commencement and completion date(s) of development; (c) the gross development value; (d) the stage or percentage of completion; and (e) whether relevant approvals for the development have been obtained and date(s) obtained. 3. The sources of funding for OREC’s provision of RM10.0 million to defray the expenses of the Project, and its breakdown. 4. Details of the Acquisitions pursuant to Parts A and C of Appendix 10A of the ACE Market Listing Requirements (“ACE LR”). 5. With reference to Clause (b)(i) of the salient terms of the sale and purchase agreements of the lands, to clarify whether the partial balance purchase price of RM5.5 million for Land 1 and RM1.0 million for Land 2 will be payable accordingly, if the valuation of Land 1 and Land 2 are less than RM11.0 million and RM2.0 million respectively. 6. Salient terms of the Call Option Agreement. 7. In relation to Marang mixed-development project, to provide the following additional details: (a) details of the land pursuant to Part C (1) and (4) of Appendix 10A of the ACE LR; and (b) registered owner. 8. Details of the Call Option/ Udaran pursuant to Part A of Appendix 10A of the ACE LR.
Reference is made to the Company’s announcement dated 29 May 2025 and the query from Bursa Malaysia Securities Berhad vide its letter dated 03 June 2025 in relation to the same. Please refer to the attachment below for the details. This announcement is dated 11 June 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3562153

Attachments Announcement - Additional information OREC JV 110625 (Clean).pdf

icy97

HHRG BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	ESOS
Details of corporate proposal	Exercise of SIS
No. of shares issued under this corporate proposal	15,000,000
Issue price per share	Malaysian Ringgit (MYR)   0.1050
Par Value (if applicable)	Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units	1,018,341,259
Issued Share Capital	Malaysian Ringgit (MYR) 170,691,292.810
Listing Date	24 Jun 2025

icy97

Type	Announcement
Subject	OTHERS
Description	HHRG Berhad ("HHRG" or "the Company")  - Suspension of the Company's Chief Executive Officer
The Company refers to its announcements dated 7 April 2025, 21 April 2025, 29 April 2025 and 8 May 2025. The Board of Directors wishes to announce that HHRG Capital Sdn Bhd, (“HHRG Capital”), HHRG’s wholly owned subsidiary involving in licenced money lending business, had on 26 June 2025 at 6.46p.m.  lodged a police report against the Company’s former CEO, Mr. Fong Chee Khuen who was the director of HHRG Capital, amid discovery of some financial irregularities and unauthorised money lending transaction in March 2024. The Company’s and HHRG Capital’s operations are not expected to have any material impact. The Company will make the necessary announcements on further material development of the above matter. This announcement is dated 30 June 2025.