【EPMB 7773 交流专区】EP制造

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2018	30 Jun 2017	30 Jun 2018	30 Jun 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	101,554	88,628	222,694	211,553
2	Profit/(loss) before tax	-2,198	-5,640	-296	-3,676
3	Profit/(loss) for the period	-3,703	-6,359	-3,384	-6,084
4	Profit/(loss) attributable to ordinary equity holders of the parent	-3,703	-6,359	-3,384	-6,083
5	Basic earnings/(loss) per share (Subunit)	-2.33	-4.00	-2.13	-3.82
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 ($$)	1.8100		1.8300

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2018	30 Sep 2017	30 Sep 2018	30 Sep 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	126,184	119,197	348,878	330,750
2	Profit/(loss) before tax	686	-8,124	390	-11,800
3	Profit/(loss) for the period	-2,485	-12,355	-5,869	-18,439
4	Profit/(loss) attributable to ordinary equity holders of the parent	-2,485	-12,354	-5,869	-18,437
5	Basic earnings/(loss) per share (Subunit)	-1.56	-7.77	-3.69	-11.59
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 ($$)	1.7900		1.8300

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2018	31 Dec 2017	31 Dec 2018	31 Dec 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	123,724	141,491	472,602	472,241
2	Profit/(loss) before tax	-6,269	-5,123	-5,879	-16,923
3	Profit/(loss) for the period	-6,026	-11,505	-11,895	-29,944
4	Profit/(loss) attributable to ordinary equity holders of the parent	-6,026	-11,505	-11,895	-29,942
5	Basic earnings/(loss) per share (Subunit)	-3.79	-7.24	-7.49	-18.83
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 ($$)	1.7500		1.8300

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2019	31 Mar 2018	31 Mar 2019	31 Mar 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	111,969	121,140	111,969	121,140
2	Profit/(loss) before tax	1,413	1,902	1,413	1,902
3	Profit/(loss) for the period	102	319	102	319
4	Profit/(loss) attributable to ordinary equity holders of the parent	102	319	102	319
5	Basic earnings/(loss) per share (Subunit)	0.06	0.20	0.06	0.20
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 ($$)	1.7500		1.7500

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2019	30 Jun 2018	30 Jun 2019	30 Jun 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	108,607	101,554	220,576	222,694
2	Profit/(loss) before tax	-5,796	-2,198	-4,383	-296
3	Profit/(loss) for the period	-7,757	-3,703	-7,655	-3,384
4	Profit/(loss) attributable to ordinary equity holders of the parent	-7,757	-3,703	-7,655	-3,384
5	Basic earnings/(loss) per share (Subunit)	-4.89	-2.33	-4.82	-2.13
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 ($$)	1.7000		1.7500

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	124,805	126,184	345,381	348,878
2	Profit/(loss) before tax	-984	686	-5,367	390
3	Profit/(loss) for the period	-3,405	-2,485	-11,060	-5,869
4	Profit/(loss) attributable to ordinary equity holders of the parent	-3,405	-2,485	-11,060	-5,869
5	Basic earnings/(loss) per share (Subunit)	-2.15	-1.56	-6.97	-3.69
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 ($$)	1.6800		1.7500

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2019	31 Dec 2018	31 Dec 2019	31 Dec 2018
		$$'000	$$'000	$$'000	$$'000

[tr][/tr]

1	Revenue	139,269	123,724	484,650	472,602
2	Profit/(loss) before tax	-6,879	-6,269	-12,246	-5,879
3	Profit/(loss) for the period	-4,214	-6,026	-15,274	-11,895
4	Profit/(loss) attributable to ordinary equity holders of the parent	-4,214	-6,026	-15,274	-11,895
5	Basic earnings/(loss) per share (Subunit)	-2.66	-3.79	-9.64	-7.49
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 ($$)

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2020	31 Mar 2019	31 Mar 2020	31 Mar 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	95,925	111,969	95,925	111,969
2	Profit/(loss) before tax	-4,156	1,413	-4,156	1,413
3	Profit/(loss) for the period	-5,425	102	-5,425	102
4	Profit/(loss) attributable to ordinary equity holders of the parent	-5,425	102	-5,425	102
5	Basic earnings/(loss) per share (Subunit)	-3.42	0.06	-3.42	0.06
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 ($$)	1.6200		1.6600

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	51,645	108,607	147,570	220,576
2	Profit/(loss) before tax	-9,093	-5,796	-13,249	-4,383
3	Profit/(loss) for the period	-8,622	-7,757	-14,047	-7,655
4	Profit/(loss) attributable to ordinary equity holders of the parent	-8,622	-7,757	-14,047	-7,655
5	Basic earnings/(loss) per share (Subunit)	-5.45	-4.89	-8.87	-4.82
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 ($$)	1.5700		1.6600

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	127,125	124,805	274,695	345,381
2	Profit/(loss) before tax	-235	-984	-13,484	-5,367
3	Profit/(loss) for the period	-233	-3,405	-14,280	-11,060
4	Profit/(loss) attributable to ordinary equity holders of the parent	-233	-3,405	-14,280	-11,060
5	Basic earnings/(loss) per share (Subunit)	-0.15	-2.15	-9.03	-6.97
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 ($$)	1.5700		1.6600

icy97

EP MANUFACTURING BHD

Date of change	28 Oct 2021
Name	MR HO KOK WEI
Age	41
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	Bachelor of Accounting (Hons)	University of Malaya

Working experience and occupation

- Managing Director, ASEAN, HKFAEx Group Limited (December 2020 - Present)- Chief Liaison Officer, Malaysia, Hong Kong Financial Assets Exchange (HKFAEx) Group Limited (July 2019 - November 2020)- Director and Chief Executive Officer, SSH Capital Holdings Sdn. Bhd. (April 2016 - present)- Co-Founder, Milhog International Inc, Milhog Energy Limited (2014 - present)- Business Development, SSH Group of Companies (May 2010 -  April 2016)- Assistant Manager, Hall Chadwick Asia Group (2008 - 2010)- Sales & Marketing Senior Advisor, Kiara Realty (2007 - 2008)- Sales Training & Agency Management, Kumpulan Langkawi Group (2005 - 2007)- Internship, PricewaterhouseCoopers Malaysia (2004)

Directorships in public companies and listed issuers (if any)

Parlo Berhad

icy97

EP MANUFACTURING BHD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Private Placement
Details of corporate proposal	Private placement of up to 31,600,000 new ordinary shares in EP Manufacturing Bhd, representing up to approximately 20% of the total number of issued shares of EP Manufacturing Bhd (excluding treasury shares)
No. of shares issued under this corporate proposal	24,766,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.5500
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	197,560,000
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 197,346,043.610
Listing Date	03 Nov 2021

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	EP MANUFACTURING BHD ("EPMB" OR "THE COMPANY")Memorandum of Understanding between EPMB and Malaysia Automotive Robotics and IoT Institute ("MARii")
The Board of Directors of EPMB wishes to announce that the Company has on 10 November 2021 entered into a Memorandum of Understanding (“MOU”) with Malaysia Automotive Robotics and IoT Institute (“MARii”) to collaborate and venture into a Super Delivery Ecosystem and Electric Vehicles (“EV”). Please refer to the attachment for further details. This announcement is dated 10 November 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3208046

Attachments EPMB - MOU with MARii.pdf Press Release.pdf

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	EP MANUFACTURING BHD ("EPMB" OR "THE COMPANY")Additional Information in respect of the Memorandum of Understanding between EPMB and Malaysia Automotive Robotics and IoT Institute ("MARii")
Reference is made to the Company's earlier announcement dated 10 November 2021 in respect of the Memorandum of Understanding (“MOU”) entered into between the Company and Malaysia Automotive Robotics and IoT Institute (“MARii”). The Board of Directors of the Company wishes to further announce that: - The Super Delivery Ecosystem will be a consolidated platform for aggregation of various services that fills in the gap in the current delivery ecosystem. Although still in its preliminary stages, the current plan comprises 3 segments namely a EV subscription service, delivery rider App with e-wallet, and an Online-to-Offline ("O2O") ecosystem with integrated retail. EPMB is also working on an Electronic Payment Solution to be incorporated into the Super Delivery Ecosystem, which shall take shape as an EV charging E-wallet that allows users to charge their EV anywhere in the country via a single integrated E-wallet App. The combination of the Super Delivery Ecosystem and the Electronic Payment Solution, once it materializes, will give rise to our prototypical Structured Integrated Platform which aims to better serve all stages of the value chain involving EVs. The Group is still in the process of creating the formal road map for the project, and will therefore announce further details once it materializes. This announcement is dated 11 November 2021.

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	41,742	127,125	218,571	274,695
2	Profit/(loss) before tax	-6,969	-235	-9,333	-13,484
3	Profit/(loss) for the period	-7,130	-233	-10,925	-14,280
4	Profit/(loss) attributable to ordinary equity holders of the parent	-7,130	-233	-10,925	-14,280
5	Basic earnings/(loss) per share (Subunit)	-4.13	-0.15	-6.32	-9.03
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 ($$)	1.4200		1.5600

icy97

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	EP MANUFACTURING BHD ("EPM" or "COMPANY")(I) PROPOSED DISPOSAL AND LEASEBACK;(II) PROPOSED PRIVATE PLACEMENT;(III) PROPOSED ESOS; AND(IV) PROPOSED DIVERSIFICATION(COLLECTIVELY, THE "PROPOSALS")
On behalf of the Board of Directors of EPM, Mercury Securities Sdn Bhd wishes to announce that: (i) EPM had on 29 November 2021 entered into a conditional sale and purchase agreement with Precious Vision Sdn Bhd ("Precious Vision") and EP Properties (M) Sdn Bhd for the proposed disposal of the Glenmarie Properties (as defined in the attachment) for a total cash consideration of RM53.5 million ("SPA"). Simultaneously with the execution of the SPA, EPM has entered into a conditional lease agreement with Precious Vision to lease part of the Glenmarie Properties ("Lease Agreement"), which is currently used by the EPM group of companies ("EPM Group") as its manufacturing plant and office premise, for a lease term of 5 years commencing from the unconditional date of the Lease Agreement ("Proposed Disposal and Leaseback"); and (ii) EPM also propose to undertake the following: (a) proposed private placement of up to 30% of EPM’s total number of issued ordinary shares ("Shares") to third party investors to be identified later ("Proposed Private Placement"); (b) proposed establishment of an employee’s share option scheme ("ESOS") of up to 15% of EPM’s total number of issued Shares, excluding treasury shares, if any, at any point in time over the duration of the ESOS for the eligible Directors and employees of the EPM Group ("Proposed ESOS"); and (c) proposed diversification of the EPM Group’s principal activities to include the undertaking of property development, construction, project management and related activities ("Proposed Diversification"). Please refer to the attachment for further details of the Proposals. This announcement is dated 29 November 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3214156

Attachments 8. EPM Announcement (Final).pdf

Type	Announcement
Subject	OTHERS
Description	PRESS RELEASE - EP Manufacturing to raise RM110.4 million via private placement andasset disposal
We attach hereunder the Press Release in relation to the above matter. Please refer attachment below.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3214161

Attachments Press Release - EP Manufacturing to raise RM110.4 million via private placement and asset disposal.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	EP MANUFACTURING BHD ("EPMB" OR "THE COMPANY") Status update on the Memorandum of Agreement between EPMB, CIS Pride Silver Rock Fund ("CIS") and Sharkgulf Technologies Group Limited ("Sharkgulf")
Reference is made to the Company's earlier announcement dated 8 March 2022, 31 May 2022 and 26 August 2022 in respect of the Memorandum of Agreement between the Company, CIS Pride Silver Rock Fund ("CIS") and Sharkgulf Technologies Group Limited ("Sharkgulf") (collectively referred to as “Announcements”). Unless otherwise stated, the abbreviations and definitions used in this announcement shall have the same meaning as defined in the Announcements.   The Board of Directors of the Company wishes to announce that the National Committee for Vehicle Type Approval (“VTA”) and Homologation, Road Transport Department of Malaysia (“RTD”) had approved the VTA for Blueshark SG3000DT model, or referred as “Blueshark R1” under the Malaysia Road Transport Act 1987 on 30 August 2022. Certificate for the VTA has been issued to EP Blueshark Sdn Bhd, a wholly owned subsidiary of EP Manufacturing Berhad (“EPMB”). The VTA Approval allows EPMB’s electric bike “Blueshark R1” to be road registered and licensed by RTD. This endeavour will create a new chapter to EPMB to diversify complementing its present business. The VTA Approval will not have any material effect on the earnings per share and net assets per share of the Company and its subsidiaries for the financial year ending 31 December 2022. The VTA Approval will not have any effect on the share capital, gearing and substantial shareholders’ shareholdings of the Company. None of the Directors and/ or major shareholders of EPMB and/ or persons connected with them have any interest, direct or indirect, in the VTA Approval. This announcement is dated 5 September 2022

icy97

EP MANUFACTURING BHD

Particulars of substantial Securities Holder

Name	MUTUAL CONCEPT SDN BHD
Address	No. 8 & 10, Jalan Jurutera U1/23 Seksyen U1, Kawasan Perindustrian Hicom Glenmarie, Shah Alam 40150 Selangor Malaysia.
Company No.	199201009169 (240672-W)
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	01 Sep 2022	5,000,000	Disposed	Direct Interest
	Name of registered holder	MUTUAL CONCEPT SDN. BHD.
	Address of registered holder	NO. 8 & 10 JALAN JURUTERA U1/23 SEKSYEN U1, KAWASAN PERINDUSTRIAN HICOM GLENMARIE, 40150 SHAH ALAM SELANGOR DARUL EHSAN
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposed Via Direct Business Transaction
Nature of interest	Direct Interest
Direct (units)	56,753,833
Direct (%)	28.727
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	56,753,833
Date of notice	06 Sep 2022
Date notice received by Listed Issuer	06 Sep 2022

icy97

EP MANUFACTURING BHD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Private Placement
Details of corporate proposal	Private Placement of up to 30% of EPM's total number of issued shares to third party investors
No. of shares issued under this corporate proposal	21,222,930
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.9450
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	218,782,930
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 217,401,712.460
Listing Date	19 Sep 2022

icy97

Type	Announcement
Subject	OTHERS
Description	EP MANUFACTURING BHD ("EPMB" OR "THE COMPANY") Status update on the Memorandum of Agreement between EPMB, CIS Pride Silver Rock Fund ("CIS") and Sharkgulf Technologies Group Limited ("Sharkgulf")
Reference is made to the Company's earlier announcement dated 8 March 2022 and 31 May 2022, 26 August 2022 and 5 September 2022 (collectively referred to as “Announcements”). Unless otherwise stated, the abbreviations and definitions used in this announcement shall have the same meaning as defined in the Announcements. The Board of Directors of the Company wishes to announce that the Company had on 16 September 2022 entered into two (2) Investment Agreements (“IA”). The first IA were entered between CIS Pride Fund SPC (“CPFS”), Sharkgulf Technologies Group Limited (“Sharkgulf”), Blueshark Holding Limited (“Blueshark”) and the Company, whilst the second IA were entered between Siraj Holding LLC (“SHLLC”), Siraj Holding Sdn Bhd (“SHSB”), Sharkgulf and the Company. Under the first IA, CPFS being the investor will invest in the super delivery ecosystem project (“Project”) by procuring and purchasing Battery Swapping Stations and lithium batteries from the Company/Sharkgulf and will appoint Blueshark as the manager to oversee and manage the delivery of the Project. The total minimum investment amount for the first IA will be USD 50 million. Whereas under the second IA, SHLLC being the investor will invest in the Company for the purpose of procuring and purchasing the 2-wheel electric vehicles from the Company/Sharkgulf which will be sold and distributed in the Southeast Asia. SHSB will be appointed as the manager by SHLLC to oversee and manage the delivery of the Project. The total minimum investment amount for the second IA will be USD 125 million. A bank guarantee and/or corporate guarantee will also be provided by the SHLLC for an investment amount of USD 50 million. The IA will not have any material effect on the earnings per share and net assets per share of the Company and its subsidiaries for the financial year ending 31 December 2022. The IA will not have any effect on the share capital, gearing and substantial shareholders’ shareholdings of the Company. None of the Directors and/ or major shareholders of EPMB and/ or persons connected with them have any interest, direct or indirect, in the IA. This announcement is dated 19 September 2022.

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	EP MANUFACTURING BHD ("EPMB" OR "THE COMPANY")MEMORANDUM OF UNDERSTANDING WITH SJQ INVESTMENTS LLC (SJQ), CVI KILDSEN SDN BHD (CK) AND SHARKGULF TECHNOLOGIES GROUP LIMITED (SHARKGULF)
The Board of Directors of EP Manufacturing Bhd (“EPMB or the Company”) wishes to announce that the Company has on 15 September 2022 entered into a Memorandum of Understanding (“MOU”) with SJQ Investments LLC (“SJQ”), CVI Kildsen Sdn Bhd (“CK”) and Sharkgulf Technologies Group Limited (“Sharkgulf”) to form a strategic cooperation with one another for the expansion and development of 2-Wheel EVs and other related products in the Middle East market (hereinafter referred to as the “Strategic Cooperation”). Please refer to the attachment for further details. This announcement is dated 19 September 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3292720

Attachments EPMB-MOU EPMB SJQ Shargulf and CK.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	PRESS RELEASEEPMB partners ESG-focused Global Funds for Carbon Credits
We attach hereunder the Press Release in relation to the above matter. This announcement is dated 19 September 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3292770

Attachments EPMB partners ESG-focused global funds for Carbon Credit.pdf