【MAXTRAL 9202 交流专区】玛斯特尔工业

APULA

MAXTRAL工業 延交重組計劃
財經股市20 Dec 2013 20:25
http://www.chinapress.com.my/node/485037

（吉隆坡20日讯）MAXTRAL工业（MAXTRAL，9202，主要板工业）已向大马交易所和证券监督委员会（SC），申请展延呈交重组计划。

该公司向马证交所报备，在本月18日接获潜在白武士意向书，后者有意针对公司財务状况和经营展开洽商以著手重组计划。

MAXTRAL工业是在2012年12月开始陷入PN17行列，这是基于该公司无法偿还各银行贷款和利息，欠款总额亦超过净资產5%。

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	REGULARISATION PLAN PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS ("MMLR")OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) SUBMISSION OF EXTENSION OF TIME APPLICATION
We refer to the Company’s first announcement made on 21 December 2012 in relation to Practice Note 17 of the MMLR. The Board of Directors (“Board”) of Maxtral Industry Berhad ("Maxtral" or the "Company") wishes to announce that the Company has today submitted an application to Bursa Securities for an extension of time to submit its Regularisation Plan to the Securities Commission or Bursa Securities (as the case may be). The Board had on 18 December 2013 received a letter of intent dated 12 December 2013 from a potential white knight with a view towards negotiating and finalising a plan to regularise the Company’s financial condition and level of operations. The Board will make an announcement upon the receipt of the Bursa Securities’ decision on the Company’s application. This announcement is dated 20 December 2013.

icy97

icy97 发表于 17-7-2013 12:47 AM
MAXTRAL工業2456萬售地

企業財經16 Jul 2013 22:35

Type	Announcement
Subject	OTHERS
Description	DISPOSAL OF LAND HELD UNDER PN36381, LOT 189, SECTION 44, DISTRICT OF KUALA LUMPUR ("PROPERTY") BY THE RECEIVERS AND MANAGERS OVER CHARGED PROPERTY OF STEADMONT DEVELOPMENT SDN BHD (RECEIVER AND MANAGERS APPOINTED OVER PROPERTY CHARGED UNDER DEBENTURE)
We refer to our announcements dated 16 July 2013, 19 July 2013 and 28 October 2013. On 3 January 2014, Maxtral Industry Berhad is informed by the Receivers and Managers that the sale of the Property held under Title No. PN36381 (formerly held under HSD110744) Lot 189, Section 44, District of Kuala Lumpur measuring approximately 2,377 square meters in area for a total sale consideration of RM33,888,888.00 was completed on 17 December 2013. This announcement is dated 3 January 2014.

icy97

MAXTRAL INDUSTRY BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	DISPOSAL OF PLANT AND MACHINERY (EXISTS IN TANGIBLE OR PHYSICAL FORM) USED IN THE FACTORY ERECTED ON LAND HELD UNDER COUNTRY LEASE NO. 105381833, 105381842 AND 105381851 SITUATED AT KM60, SUNGAI SIBUKU BRANTIAN, TAWAU, SABAH BY THE RECEIVERS AND MANAGERS OVER CHARGED PROPERTY OF KIN YIP WOOD INDUSTRIES SDN BHD, THE WHOLLY-WONED SUBSIDIARY OF MAXTRAL INDUSTRY BERHAD (RECEIVERS AND MANAGERS APPOINTED OVER PROPERTY CHARGED UNDER DEBENTURE)
The Board of Directors of Maxtral Industry Berhad (585401-H) ("Maxtral" or the "Company") wishes to announce that Kin Yip Wood Industries Sdn Bhd (Receivers and Managers Appointed over the Property charged under Debenture) ("KYWI"), a wholly owned subsidiary of the Company has on 30th December 2013 entered into a Assets Sale Agreement ("ASA") with Bountiful Returns Sdn Bhd (285076-W) in respect of the disposal of Plant and Machinery. 1. INFORMATION OF KYWI KYWI was incorporated on 18th January 1984 under the Companies Act, 1965. The present authorised share capital of KYWI is 50,000,000 ordinary shares of RM1.00 each of which 40,265,823 ordinary shares of RM1.00 each have been issued and fully paid-up. On 20 December 2012, Dato' Gan Ah Tee and Mr Mok Chew Yin had been jointly and/or severally appointed as the Receivers and Managers over the Property by OSK Investment Berhad ("OSKIB") under the power contained in the Debenture dated 24 February 2011 between KYWI and OSKIB registered as charge numbered 027 and 028 in the Register of Charges maintained by the Company Commission of Malaysia. 2. DETAILS OF PURCHASER Bountiful Returns Sdn Bhd (285076-W), a company limited by shares incorporated in Malaysia under Companies Act 1965 with its registered address at Lot 5, 1st Floor, Block 9, Bandar Indah, Mile 4, Jalan Utara, 90000 Sandakan, Sabah ("Purchaser"). 3. DETAILS OF THE TRANSACTION On 15th January 2014, Maxtral is informed by the Receivers and Managers that KYWI has on 30th December 2013 entered into a ASA with the Purchaser in respect of the disposal of Plant and Machinery used in the factory and on the land for a total sale consideration of RM6,400,000.00 ("The Sale Price"). The Receiver and Managers has on 15th January 2014 confirmed that the information provided pertaining to the disposal of Plant and Machinery is accurate and sufficient for the public announcement via Bursa Malaysia Berhad's web portal. 4. ORIGINAL COST OF INVESTMENT AND DATE OF INVESTMENT The original cost of investment on the Plant and Machinery is RM80,551,217.00. 5. LIABILITIES TO BE ASSUMED BY THE PURCHASER The Purchaser will purchase the Plant and Machinery free from all lien, charges and encumbrances and with all rights attached to them. 6. EXPECTED LOSSES The losses arising from the disposal of Plant and Machinery is approximately RM39,215,778.00. 7. SALIENT TERMS OF TRANSACTION The sale consideration for the disposal of Plant and Machinery shall/has been paid in the following manner:- (i) A sum of equal to 2% of the Sale Price amounting to RM128,000.00 (the "Earnest Deposit") has been paid to KYWI and the payment shall be deemed to be payment to KYWI as earnest and constituting part payment towards the sale consideratin prior to the dated hereof; (ii) A sum equal 8% of the Sale Price amounting to RM512,000.00 (the "Balance Deposit") (the Earnest Deposit and the Balance Deposit shall collectively reffered to as the "Deposit") being the balance of the Deposit and constituting further part payment towards the slae consideration shall be paid to KYWI upon execution of the ASA. (iii) The balance 90% of the Sale Price amounting to RM5,760,000.00 ("The Balance Sale Price") shall be paid by the Purchaser to KYWI's Solicitors as stakeholder within 3 months from the dated of the execution of this ASA ("the Completion Period"); and the date within the Completion Period on which the full Balance Sale Price is received by KYWI's Solicitors in cleared funds shall be referred to as the "Completion Date". 8. UTILISATION OF SALE PROCEEDS FROM DISPOSAL OF PROPERTY The sale proceeds from the disposal of Plant and Machinery will be utilised for the settlement of borrowing due to OSKIB, i.e. RM20.0 Million Bridging Term Loan and RM50.0 Million Term Loan. 9. EFFECTS OF THE PROPOSED DISPOSAL OF PROPERTY 9.1 Share Capital and Shareholding Structure of the Substantial Shareholders The disposal of Plant and Machinery will not have any effect on the issued and paid-up share capital and shareholdings of substantial shareholders of Maxtral. 9.2 Net Tangible Liabilities (NTL) Per Share After the disposal of Plant and Machinery, the NTL per share of Maxtral is expected to decrease from RM0.014 per shares (Net Tangible Assets Per Share) to RM0.115 per share. 9.3 Earning Per Share There is no significant impact on the earning per share after the disposal of Plant and Machinery. 9.4 Gearing There is an improvement on gearing ratio from 0.77 to 0.59 after the disposal of Plant and Machinery on the assumption that the proceeds from the disposal are fully utilised to repay the bank borrowing. 10. APPROVAL REQUIRED Pursuant to the Companies Act 1965, Section 132c(4), the above disposal Plant and Machinery is not subject to any approval from the shareholders or any relevant authorities. 11. ESTIMATED TIME FRAME FOR COMPLETION The disposal of Plant and Machinery is expected to be completed within 3 months from the date of the execution of the ASA. 12. THE HIGHEST PERCENTAGE RATIO The highest percentage ratio applicable to the disposal of Plant and Machinery is 53.50% pursuant to paragraph 10.02(g) of the Main Market Listing Requirements. 13. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS INTEREST None of the Directors and/or major shareholders and/or persons connected with the Directors or major shareholders, have any interest, direct or indirect, in the disposal of Plant and Machinery . 14. STATEMENT BY THE BOARD OF DIRECTORS AND AUDIT COMMITTEE The Board of Directors and Audit Committee of Maxtral, having considered all aspects of the disposal of Plant and Machinery, is of the opinion that they are in the best interest of the Company. 15. DOCUMENTS FOR INSPECTION A copy of the ASA is available for inspection at the Receivers and Managers' Registered Offce at BDO Consulting Sdn Bhd, 12th Floor, Menara Uni. Asia 1008, Jalan Sultan Ismail, 50250 Kuala Lumpur during normal business hours from Mondays to Fridays (except public holidays). This announcement is dated 17th January 2014.

icy97

MAXTRAL INDUSTRY BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	DISPOSAL OF PROPERTY COMPRISING OF LAND HELD UNDER COUNTRY LEASE NO. 105381833, 105381842 AND 105381851 IN THE DISTRICT OF TAWAU, SABAH TOGETHER WITH A FACTORY ERECTED THEREON SITUATED AT KM60, SUNGAI SIBUKU BRANTIAN, TAWAU, SABAH ("PROPERTY") BY THE RECEIVERS AND MANAGERS OVER CHARGED PROPERTY OF YIP WOOD INDUSTRIES SDN BHD, THE WHOLLY OWNED SUBSIDIARY OF MAXTRAL INDUSTRY BERHAD (RECEIVERS AND MANAGERS APPOINTED OVER PROPERTY CHARGED UNDER DEBENTURE)
The Board of Directors of Maxtral Industry Berhad (585401-H) ("Maxtral" or the "Company") wishes to announce that Kin Yip Wood Industries Sdn Bhd (Receivers and Managers appointed over Property charged under Debenture) ("KYWI"), a wholly owned subsidiary of the Company has on 30th December 2013 entered into a Sales and Purchase Agreement ("SPA") with Bountiful Returns Sdn Bhd (285076-W) in respect of the sale of the Property. 1. INFORMATION OF KYWI KYWI was incorporated on 18th January 1984 under the Companies Act, 1965. The present authorised share capital of KYWI is 50,000,000 ordinary shares of RM1.00 each of which 40,265,823 ordinary shares of RM1.00 each have been issued and fully paid-up. On 20th December 2012, Dato' Gan Ah Tee and Mr Mok Chew Yin has been jointly and/or severally appointed as the Receivers and Managers over the Property by OSK Investment Berhad ("OSKIB") under power contained in the Debenture dated 24 February 2011 between KYWI and OSKIB registered as charge numbered 027 and 028 in the Register of Charges maintained by the Company Commission of Malaysia. 2. DETAILS OF PURCHASER Bountiful Returns Sdn Bhd (285076-W), a company limited by shares incorporated in Malaysia under the Companies Act 1965 with its registered address situated at Lot 5, 1st Floor, Block 9, Bandar Indah, Mile 4, 90000 Sandakan, Sabah ("Purchaser"). 3. DETAILS OF THE TRANSACTION On 15th January 2014, Maxtral is informed by the Receivers and Managers that KYWI has on 30th December 2013 entered into a SPA with the Purchaser in respect of the sale of the Property held under Country Lease No. 105381833, 105381842 and 105381851 measuring approximately in total 31.5 acres together with a factory erected thereon situated at KM60, Sungai Sibuku Brantian, Tawau, Sabah for a total cash consideration of RM1,600,000.00 ("The Sale Price"). The Receivers and Managers has on 15th January 2014 confirmed that the information provided pertaining to the disposal of the Property is accurate and sufficient for the public announcement via Bursa Malaysia Berhad's web portal. 4. ORIGINAL COST OF INVESTMENT AND DATE OF INVESTMENT The original cost of investment on the leasehold land and factory are RM7,870,000.00 and RM14,034,085.00 respectively. 5. LIABILITIES TO BE ASSUMED BY THE PURCHASER The Purchaser will purchase the Property free all lien, charges and encumbrances and with all rights attached to them. 6. EXPECTED LOSSES The losses arising from the Proposed Disposal of Property is approximately RM19,774,544.00. 7. SALIENT TERMS OF TRANSACTION The sale consideration for the Property shall be/has been paid in the following manners:- (i) A sum of equal 2% of the Sale Price amounting to RM32,000.00 (the "Earnest Deposit") has been paid to KYWI and the payment shall be deemed to be payment to KYWI as earnest deposit and constituting part payment towards the purchase price prior to the date hereof; (ii) A sum of equal 8% of the Sale Price amounting to RM128,000.00 (the "Balance Deposit") (the Earnest Deposit and the Balance Deposit shall hereinafter collectively be referred to as the "Deposit") being the balance of the Deposit and constituting further part payment towards the Sale Price shall be paid to KYWI upon execution of the SPA. (iii) The balance 90% of the Sale Price amounting to RM1,440,000.00 ("The Balance Sale Price") shall be paid in the following manner: (a) A sum equal to the Redemption Sum shall be paid or caused to be paid by the Purchaser or the Purchaser's Financier, as the case may be, to KYWI's solicitors immediately upon the receipt by the solicitors acting for the Purchaser's Financier or the Purchaser's Financier of the redemption statement cum undertaking as referred to Clause 3.2(3)(a) of the SPA. (b) The balance, if any ("Final Balance"), of the Balance Sale Price after the payment of the Redemption Sum shall be paid or caused to be paid by the Purchaser to KYWI's Solicitors as stakeholders within 3 months from the date of the execution of this Agreement (the "Completion Period"); and the date within the Completion Period on which the Final Balance is received by the Vendor's Solicitors as stakeholders shall be referred to as the "Completion Date"; and (c) KYWI's Solicitors shall be authorised to release and pay to KYWI the Final Balance togehter with the late payments interest and interest earned thereon (if any) after fourteen (14) days of the date of presentation of the transfer of the Property. 8. ULTILISATION OF SALE PROCEEDS FROM THE DISPOSAL OF PROPERTY The sale proceeds from the disposal of the Property will be utilised for the settlement of borrowing due to OSKIB, i.e. RM20.0 Million Bridging Term Loan and RM50.0 Million Term Loan. 9. EFFECTS OF THE PROPOSED DISPOSAL OF PROPERTY 9.1 Share capital and shareholding structure of the substantial shareholders The disposal of Property will not have any effect on the issued and paid-up share capital and shareholdings of substantial shareholder of Maxtral. 9.2 Net Tangible Assets (NTA) Per Share After the disposal of the Property, the NTA per share of Maxtral is expected to decrease from RM0.10 per share to RM0.018 per share. 9.3 Earnings Per Share There is no significant impact on the earning per share after the disposal of the Property. 9.4 Gearing There in an improvement on gearing ratio from 0.92 to 0.77 after the disposal of the Property on the assumption that the proceeds from the disposal are fully utilised to repay the bank borrowing. 10. APPROVAL REQUIRED Pursuant to the Companies Act 1965, Section 132c(4), the above disposal of Property is not subject to any approval from the shareholders or any relevant authorities. 11. ESTIMATED TIME FRAME FOR COMPLETION The disposal of Property is expected to be completed within 3 months from the date of execution of the SPA. 12. THE HIGHEST PERCENTAGE RATIO The highest percentage ratio applicable to the disposal of Property is 30.48% pursuant to paragraph 10.02(g) of the Main Market Listing Requirements. 13. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS INTEREST None of the Directors and/or major shareholders and/or persons connected with the Directors or major shareholders, have any interest, direct or indirect, in the disposal of the Property. 14. STATEMENT BY THE BOARD OF DIRECTORS AND AUDIT COMMITTEE The Board of Directors and Audit Committee of Maxtral, having considered all aspects of the disposal of the Property, is of the opinion that they are in the best interest of the Company. 15. DOCUMENT FOR INSPECTION A copy of the SPA is available for inspection at the Receivers and Managers' Registered Office at BDO Consulting Sdn Bhd, 12th Floor, Menara Uni.Asia 1008, Jalan Sultan Ismail, 50250 Kuala Lumpur during normal business hours from Monday to Friday (except public holidays). This announcement is dated 21 January 2014.

icy97

MAXTRAL工業3月3日除牌

2014-02-22 16:14      
（吉隆坡22日訊）MAXTRAL工業（MAXTRAL,9202,主板工業產品組）因無法在限定時間內呈交重組計劃給大馬股票交易所，加上申請展延呈交限期遭駁回，交易因此勒令該股從3月3日起正式從馬股除牌。

不過，交易所允許該公司在本月26日（下週三）前提出上訴，否則股票將如期在下月3日除牌，至於一切在26日後才呈交的上訴，交易所將完全不於考慮。

MAXTRAL工業股票目前仍暫停交易中，停牌前最後掛價為2.5仙。（星洲日報／財經）

MAXTRAL INDUSTRY BERHAD

LISTING'S CIRCULAR NO. L/Q : 69845 OF 2014

MAXTRAL INDUSTRY BERHAD ("MAXTRAL" or "the Company") has failed to submit its regularisation plan to Bursa Malaysia Securities Berhad ("Bursa Securities") for approval within the timeframe stipulated under paragraph 8.04(3)(a)(i) of the Bursa Securities Main Market Listing Requirements ("Main LR") and the Company’s application for a further extension of time to submit the regularisation plan was rejected by Bursa Securities.

In the circumstances and pursuant to paragraph 8.04(5) of the Main LR:-

(a) the trading in the securities of the Company will remain suspended until further notice; and
(b) the securities of the Company will be de-listed on 3 March 2014 unless an appeal is submitted to Bursa Securities on or before 26 February 2014 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.

In the event the Company submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on 3 March 2014 shall be deferred pending the decision on the Company’s appeal.

With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the Company have been de-listed from the Official List of Bursa Securities.

This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures.

Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2013	31/12/2012	31/12/2013	31/12/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	18	3,000	1,704	15,441
2	Profit/(loss) before tax	-96,235	-28,910	-84,052	-42,394
3	Profit/(loss) for the period	-94,258	-29,087	-83,345	-39,230
4	Profit/(loss) attributable to ordinary equity holders of the parent	-78,248	-31,263	-67,335	-41,406
5	Basic earnings/(loss) per share (Subunit)	-26.57	-14.88	-22.86	-19.71
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 ($$)	-0.1456		-0.1655

icy97

icy97 发表于 22-1-2014 02:56 AM

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	DISPOSAL OF PLANT AND MACHINERY (EXIST IN TANGIBLE OR PHYSICAL FORM) USED IN THE FACTORY ERECTED ON LAND HELD UNDER COUNTRY LEASE NO. 105381833, 105381842 AND 105381851 SITUATED AT KM60, SUNGAI SIBUKU BRANTIAN, TAWAU, SABAH BY THE RECEIVERS AND MANAGERS OVER CHARGED PROPERTY OF KIN YIP WOOD INDUSTRIES SDN BHD, THE WHOLLY-OWNED SUBSIDIARY OF MAXTRAL INDUSTRY BERHAD (RECEIVERS AND MANAGERS APPOINTED OVER PROPERTY CHARGED UNDER DEBENTURE)
We refer to our announcement dated 21 January 2014. On 2 April 2014, Maxtral is informed by the Receivers and Managers that Kin Yip Wood Industries Sdn Bhd has granted to the Purchaser, Bountiful Returns Sdn Bhd, an extension of time of sixty (60) days from the expiry of the Completion Date on 21 March 2014 in respect of the sale of the plant and machinery (exist in tangible or physical form) use in the factory erected on land held under country lease No. 105381833, 105381842 and 10531851 situated at KM60, Sungai Sibuku Brantian, Tawau, Sabah for a total cash consideration of RM6,400,000.00. Pursuant to the terms and conditions of the Sale and Purchase Agreement, the Receivers and Managers has on 26 March 2014 received the Late Payment Interest amounting RM75,747.95 on the Balance Purchase Price outstanding at the rate of eight per cent (8.0%) per annum calculated on a daily basis, for the entire Extended Completion Period. The due date of the Extended Completion Period is on 20 May 2014. This announcement is dated 2 April 2014.

icy97

icy97 发表于 22-1-2014 02:57 AM

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	DISPOSAL OF PROPERTY COMPRISING OF LAND HELD UNDER COUNTRY LEASE NO. 105381833, 105381842 AND 105381851 IN THE DISTRICT OF TAWAU, SABAH TOGETHER WITH A FACTORY ERECTED THEREON SITUATED AT KM60, SUNGAI SIBUKU BRANTIAN, TAWAU, SABAH ("PROPERTY") BY THE RECEIVERS AND MANAGERS OVER CHARGED PROPERTY OF KIN YIP WOOD INDUSTRIES SDN BHD, THE WHOLLY OWNED SUBSIDIARY OF MAXTRAL INDUSTRY BERHAD (RECEIVERS AND MANAGERS APPOINTED OVER PROPERTY CHARGED UNDER DEBENTURE)
We refer to our announcement dated 21 January 2014. On 2 April 2014, Maxtral is informed by the Receivers and Managers that Kin Yip Wood Industries Sdn Bhd has granted to the Purchaser, Bountiful Return Sdn Bhd, an extension of time of sixty (60) days from the expiry of the Completion Date on 21 March 2014 in respect of the sale of the Property held under Country Lease No. 105381833, 105381842 and 105381851 measuring approximately in total 31.5 acres together with a factory erected thereon situated at KM60, Sungai Sibuku Brantian, Tawau, Sabah for a total cash consideration of RM1,600,000.00. Pursuant to the terms and conditions of the Sale and Purchase Agreement, the Receivers and Managers has on 26 March 2014 received the Late Payment Interest amounting to RM18,936,99 on the Balance Purchase Price outstanding at the rate of eight per cent (8.0%) per annum, calculated on a daily basis for the entire Extended Completion Period. The due date of the Extended Completion Period is on 20 May 2014. This announcement is dated 2 April 2014.

icy97

玛斯特尔准延交重组计划

财经新闻 财经  2014-04-16 12:00
（吉隆坡15日讯）玛斯特尔工业（MAXTRAL，9202，主板工业产品股）获马交所肯首，将业务重组计划书呈交期限，延迟至7月31日。

玛斯特尔工业在2月，以委任新顾问银行和获得白武士拯救为理由，向马交所提出延期申请。

玛斯特尔工业是在上月20日，获白武士Bountiful Return私人有限公司，颁发原木供应和工厂租用献议书。【南洋网财经】

MAXTRAL INDUSTRY BERHAD

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	MAXTRAL INDUSTRY BERHAD ("MAXTRAL" OR THE "COMPANY") APPEAL AGAINST DE-LISTING UNDER PARAGRAPH 8.04 OF THE BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") MAIN MARKET LISTING REQUIREMENTS ("MMLR")
We refer to the Company's first announcement made on 21 December 2012, 20 December 2013, 23 December 2013, 19 February 2014 and 27 February 2014 in relation to Practice Note 17 ("PN17") of the MMLR. The Board of Directors ("Board") of Maxtral wishes to announce that the Company had on 11 April 2014 received a reply from Bursa Securities. After due consideration of all facts and circumstances of the case including the written and oral representations of the Company and the following: AmInvestment Bank Berhad had been appointed as the principal adviser for the Company's proposed regularization plan on 17 March 2014; and Subsequent to the termination of the Company's earlier regularization plan involving NEP Holdings (Malaysia) Berhad and Fenghua Construction Engineering Co Ltd in January and March 2014 respectively, the Company had managed to secure a new white knight i.e. Bountiful Return Sdn Bhd ("Bountiful") and had received conditional letters of offers dated 20 March 2014 from Bountiful for the supply of timber logs and leasing of a factory. Bursa Securities has decided to grant Maxtral an extension of time until 31 July 2014 as requested to submit the regularization plan to the relevant authorities for approval ("the Extended Timeframe"). Bursa Securities further decided to de-list the securities if the Company from the Official List of Bursa Securities pursuant to paragraph 8.04 of the Bursa Securities MMLR in the event:- (i) the Company fails to submit the regularisation plan to the relevant authorities for approval within the Extended Timeframe; (ii) the Company fails to obtain the approval for implementation of its regularisation plan and does not appeal within the timeframe (or Extended Timeframe, as the case may be) prescribed to lodge an appeal; (iii) the Company does not succeed in its appeal; or (iv) the Company fails to implement its regularisation plan within the timeframe or extended timeframes stipulated by the relevant authorities. Upon occurrence of any events set out in (i) to (iv) above, the securities of the Company shall be removed from the Official List of Bursa Securities upon the expiry of 2 market days from the date of the Company is notified by Bursa Securities or such other date as may be specified by Bursa Securities. In arriving at the aforesaid decision to de-list the Company upon occurrence of any of the events set out in (i) to (iv), Bursa Securities had considered, amongst others, the following factors:- (1) Maxtral had failed to regularise the Company's financial condition in accordance with paragraph 8.04 of the MMLR and PN17; (2) The Company had started making losses since financial year ended 31 December 2010 and the financial results of Maxtral for the past 3 financial years ended ("FYE") 31 December 2010 to 31 December 2012 and the Company's latest quarterly report for the financial period ended 31 December 2013 (4th QR 2013) as follows: Item FYE 31/12/2010 (RM'000) FYE 31/12/2011 (RM'000) FYE 31/12/2012 (RM'000) 4th QR 2013 (RM'000) Revenue 61,464 21,936 15,441 1,704 (Loss)/profit before tax (11,091) (120,913) (42,393) (64,052) (Loss)/profit after tax (10,041) (118,243) (41,405) (67,335) Shareholders' equity 192,314 76,181 34,776 (30,582) Total interest bearing borrowings 62,409 61,063 62,422 33,910 Net current assets/(liabilities) 39,529 3,439 (32,575) (30,658) (3) All PN17 companies are required to regularise their financial condition and level of operations expeditiously within the timeframes prescribed in paragraph 8.04 of the MMLR and PN17 or extended timeframe as may be granted by Bursa Securities; (4) The requirement for companies to have an adequate level of financial condition and level of operations serves to ensure that companies listed on the Official List are of a certain minimum quality. Companies that have a minimum level of financial condition and level of operations serve to preserve and sustain market integrity and investors' confidences; and (5) In the opinion of the Bursa Securities, adequate time and opportunity had been accorded to Maxtral to regularise the Company's financial condition since Maxtral's first announcement on 21 December 2012. Maxtral will make the necessary announcements as and when there are further developments. This announcement is dated 14 April 2014.

icy97

玛斯特尔售地进账1387万

财经新闻 财经  2014-05-08 12:13
（吉隆坡7日讯）玛斯特尔工业（MAXTRAL，9202，主板工业产品股）以1387万4400令吉，脱售种植地。

玛斯特尔工业指出，持有70%的子公司Hutan Tropika私人有限公司在4月30日，与陈荣宏和陀桑尼（皆译音）签署协议，脱售位于沙巴拉瑙的种植地，面积为1195公顷。

公司是在2006年12月20日，以979万8081令吉购得上述土地。

脱售所得的约407万6319令吉，将偿还兴业投行的贷款。【南洋网财经】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL OF PLANTATION LAND HELD UNDER COUNTRY LEASE NO. 065320541 MEASURING APPROXIMATELY 1,195 HECTARES (2,952.845 ACRES) LOCATED AT KAMPUNG KODOP LAMA IN THE DISTRICT OF RANAU, SABAH
The Board of Directors of Maxtral Industry Berhad (Company No. 585401-H) (“Maxtral” or the “Company”) wishes to announce that Hutan Tropika Sdn Bhd (Company No. 751354-A) (“HTSB”), a 70% owned subsidiary of the Company has on 30 April 2014 entered into a Sales and Purchase Agreement (“SPA”) with Dr. Tan Eng Heong (NRIC No. 700214-10-6159) and Mr Sonny Toik (NRIC No. 751212-12-5507) in respect of the Proposed Disposal of the Property. 1. INFORMATION OF HTSB HTSB was incorporated on 20 October 2006 under the Companies Act, 1965. The present  authorized share capital of HTSB is 100,000 ordinary shares of RM1.00 each of which 10 ordinary shares of RM1.00 each have been issued and fully paid-up. 2. DETAILS OF PURCHASERS The purchasers, namely, Dr. Tan Eng Heong (NRIC No. 700214-10-6159) of No. 5, Jalan USJ18/1, UEP, 47620 Subang Jaya, Selangor and Mr Sonny Toik (NRIC No. 751212-12-5507) of Kg. Tampasak, 89507 Penampang, Sabah are Malaysian Citizen ("Purchasers"). 3. DETAILS OF THE TRANSACTION The Board of Directors of the Company wishes to inform that HTSB has on 30 April 2014 entered into a SPA with the Purchaser in respect of the sale of the property held under Country Lease No. 065320541 measuring approximately 1,195 hectares (2,952.845 acres) located at Kampung Kodop Lama in the District of Ranau, Sabah, Malaysia (“the Property”) for a total sale consideration of RM13,874,400.00 (Ringgit Malaysia Thirteen Million Eight Hundred Seventy Four Thousand and Four Hundred Only) (“The Sale Price”). The Property is presently charged to RHB Investment Bank Berhad (Company No. 19663-P) (“RHBIB”) as stated in the disclosed encumbrances as follow: a. A caveat duly registered on 26 January 2011 by RHBIB pursuant to memorial number MC1101060006 b. Memorandum of Charge duly registered on 01 March 2012 by RHBIB pursuant to Memorial No. MC1203060007 c. Memorandum of Charge duly registered on 27 March 2012 by RHBIB pursuant to Memorial No. MC120306000 (Sub to MC1203060007) 4. ORIGINAL COST OF INVESTMENT AND DATE OF INVESTMENT The original cost of investment of the Property is RM9,798,081.00 (Ringgit Malaysia Nine Million Seven Hundred Ninety Eight Thousand and Eighty One Only) and it was acquired on 20 December 2006. 5. LIABILIITIES TO BE ASSUMED BY THE PURCHASERS The Purchasers will purchase the Property free from all lien, charges and encumbrances and with all rights attached to them. 6. EXPECTED GAIN The gain arising from the disposal of the Proposed Disposal of the Property is approximately RM4,076,319.00 (Ringgit Malaysia Four Million Seventy Six Thousand Three Hundred and Nineteen only). 7. SALIENT TERMS OF THE PROPOSED DISPOSAL OF THE PROPERTY The consideration for the Proposed Disposal of the Property shall be/has been paid in the following manner:- (i) A sum of equal to two percent (2%) of the Sale Price amounting to RM277,488.00 (Ringgit Malaysia Two Hundred Seventy Seven Thousand Four Hundred and Eighty Eight Only) (the "Earnest Deposit") has been paid to HTSB and the payment shall be deemed to be payment to HTSB as earnest deposit constituting part payment towards the Sale Price prior to the date hereof; (ii) A sum of equal to eight percent (8%) of the Sale Price amounting to RM1,109,952.00 (Ringgit Malaysia One Million One Hundred and Nine Thousand Nine Hundred and Fifty Two Only) (the "Balance Deposit") shall hereinafter collectively be referred to as the "Deposit") being the balance of the Deposit and constituting further part payment towards the Sale Price shall be paid to HTSB upon execution of the SPA. (iii) The balance ninety percent (90%) of the Sale Price ("Balance Sale Price") amounting to RM12,486,960.00 shall be paid by the Purchasers to HTSB within three (3) months from the date of execution of this Agreement ("Completion Period") with an extension of two (2) months from the date of Completion Period ("Extended Completion Period") subject to late payment interest at the rate of eight Percent (8%) per annum on the Balance Sale Price until the date of the Balance Sale Price is settled in the full provided that HTSB's solicitors shall be entitled to utilise the said sum upon completion of the land transfer in favour of the Purchasers to settle the redemption sum due to RHBIB and all other outgoings and payments due and payable by HTSB incidental to the Proposed Disposal of the Property. 8. UTILISATION OF SALE PROCEEDS FROM THE PROPOSED DISPOSAL OF PROPERTY The sale proceeds from the Proposed Disposal of the Property will be utilised for the settlement of borrowing due to RHBIB, i.e. RM20.0 Million Bridging Term Loan and RM50.0 Million Term Loan (“Bank Borrowing”). 9. EFFECTS OF THE PROPOSED DISPOSAL OF PROPERTY 9.1 Share capital and shareholding structure of the substantial shareholders The Proposed Disposal of Property will not have any effect on the issued and paid-up share capital and shareholdings of substantial shareholder of Maxtral. 9.2 Net Tangible Liabilities (NTL) Per Share Total Assets                                 RM27,783,940.00 Less: Disposal of the Property       RM  9,643,609.00                                                    ---------------------                                                    RM18,140,340.00 Less: Total Liabilities                     RM29,966,095.00                                                    --------------------- Net Tangible Liabilities                   RM11,825,755.00                                                   ============ No. of Shares                                294,514,888                                                   ============ Net Tangible Liabilities Per Share    0.04 per share                                                   ============ 9.3 Earnings Per Share There is no significant impact on the earning per share after the Proposed Disposal of the Property. 9.4 Gearing Bank Borrowing RM14,706,552.00 Share Capital RM34,776,429.00 Gearing Ratio 0.42 10. APPROVAL REQUIRED Pursuant to the Companies Act 1965, Section 132C (4), the above Disposal of Property is not subject to any approval from the shareholders or any relevant authorities. 11. ESTIMATED TIME FRAME FOR COMPLETION The Proposed Disposal of the Property is expected to be completed within three (3) months from the date of the execution of the SPA. 12. THE HIGHEST PERCENTAGE RATIO The highest percentage ratio applicable to the Proposed Disposal of the Property is 53.16% pursuant to paragraph 10.02(g) of the Main Market Listing Requirements. 13. DIRECTORS AND MAJOR SHAREHOLDERS INTEREST None of the Directors and/or major shareholder and/or persons connected with the Directors or major shareholder, have any interest, direct or indirect, in the Proposed Disposal of the Property. 14. STATEMENT BY THE BOARD OF DIRECTORS AND AUDIT COMMITTEE The Board of Directors and Audit Committee of Maxtral, having considered all aspects of the Proposed Disposal of the Property, is of the opinion that they are in the best interest of the Company. 15. DOCUMENTS FOR INSPECTION A copy of the SPA is available for inspection atMaxtral’s Registered Office at No. 324, 2nd Floor, Lot 21, Block 38, Fajar Complex, 91000 Tawau, Sabah during normal business hours from Mondays to Fridays (except public holidays). This announcement is dated 7 May 2014.

icy97

icy97 发表于 4-4-2014 01:16 AM

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL OF LAND HELD UNDER COUNTRY LEASE NOS. 105381833, 105381842 AND 105381851 IN THE DISTRICT OF TAWAU, SABAH TOGETHER WITH A FACTORY ERECTED THEREON ("FACTORY") SITUATED AT KM60, SUNGAI SIBUKU BRANTIAN ("THE PROPERTY") BY THE RECEIVERS AND MANAGERS OVER CHARGED PROPERTY OF KIN YIP WOOD INDUSTRIES SDN. BHD. ("KYWI") (RECEIVERS AND MANAGERS APPOINTED OVER THE PROPERTY CHARGED UNDER DEBENTURE)
We refer to our announcements dated 21 February 2014 and 2 April 2014. On 22 May 2014, Maxtral Industry Berhad was informed by the Receivers and Managers that the sale of the Property held under Country Lease Nos. 105381833, 105381842 and 105381851 measuring approximately in total 31.5 acres together with a Factory erected thereon situated at KM60, Sungai Sibuku Brantian, Tawau, Sabah for a total cash consideration of RM1,600,000.00 was completed. This announcement is dated 23 May 2014.

ype	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	DISPOSAL OF PLANT AND MACHINERY (EXIST IN TANGIBLE OR PHYSICAL FORM) USED IN THE FACTORY ERECTED ON LAND HELD UNDER COUNTRY LEASE NOS. 105381833, 105381842 AND 105381851 SITUATED AT KM60, SUNGAI SIBUKU BRANTIAN, TAWAU, SABAH BY THE RECEIVERS AND MANAGERS OVER CHARGED PROPERTY OF KIN YIP WOOD INDUSTRIES SDN BHD, THE WHOLLY-OWNED SUBSIDIARY OF MAXTRAL INDUSTRY BERHAD (RECEIVERS AND MANAGERS APPOINTED OVER PROPERTY CHARGED UNDER DEBENTURE)
We refer to our announcements dated 21 February 2014 and 2 April 2014. On 22 May 2014, Maxtral Industry Berhad was informed by Receivers and Managers that the sale of the plant and machinery (exist in tangible and physical form) used in the factory erected on land held under Country Lease Nos. 105381833, 105381842 and 105381851 situated at KM60, Sungai Sibuku Brantian, Tawau, Sabah for a total cash consideration of RM6,400,000.00 was completed. This announcement is dated 23 May 2014.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/03/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2014	31/12/2013	31/12/2014	31/12/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	38	1,211	38	1,211
2	Profit/(loss) before tax	-712	-3,053	-712	-3,053
3	Profit/(loss) for the period	-712	-3,053	-712	-3,053
4	Profit/(loss) attributable to ordinary equity holders of the parent	-706	-2,563	-706	-2,563
5	Basic earnings/(loss) per share (Subunit)	-0.24	-1.22	-0.24	-1.22
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 ($$)	-0.1470		-0.1436

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2014	30/06/2013	30/06/2014	30/06/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	250	433	288	1,644
2	Profit/(loss) before tax	-257	18,781	-969	15,728
3	Profit/(loss) for the period	-257	18,922	-969	16,435
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,917	18,998	3,211	16,435
5	Basic earnings/(loss) per share (Subunit)	1.33	9.04	1.09	7.82
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 ($$)	-0.1283		-0.1436

icy97

重组计划驳回 玛斯特尔8日除牌

财经新闻 财经  2014-09-05 10:57
（吉隆坡4日讯）马交所驳回玛斯特尔工业（MAXTRAL，9202，主板工业产品股）延迟呈交重组计划申请，因此，该公司将在下周一（8日）除牌。

这家PN17公司是在周一再向大马交易所申请，延迟5个月呈交重组计划。

除牌后，该公司仍可以非上市公司，持续营运或重组；股东可依据公司表现获得奖励，但不再受马交所管制。

今年2月，玛斯特尔工业以委任新顾问银行和获得白武士拯救为由，得以延至7月31日提呈重组计划。【南洋网财经】

PN17-DELISTING OF MAXTRAL INDUSTRY BERHAD

MAXTRAL INDUSTRY BERHAD

LISTING'S CIRCULAR NO. L/Q : 71441 OF 2014

Bursa Malaysia Securities Berhad ("Bursa Securities") had dismissed MAXTRAL INDUSTRY BERHAD’s ("MAXTRAL" or "the Company") further appeal for an extension of time of 5 months i.e. until end of December 2014 to submit the Company’s regularisation plan.

In the circumstances, the securities of the Company will be removed from the Official List of Bursa Securities on Monday, 8 September 2014.
With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.


Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the Company have been de-listed from the Official List of Bursa Securities.


This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures.


Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.