【OCTAGON 7109 交流专区】八方旺組合

icy97

Type	Announcement
Subject	OTHERS
Description	ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19A OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”)
Further to the announcement dated 3 February 2012 in relation to the default by Advanced Pyrotech Sdn Bhd ("APT") in the lease and profit payments aggregating to RM1,195,000 for the financing facility under Ijarah Masufah Fi Zimmah principle of up to RM79 million ("Facility") from Kuwait Finance House (Malaysia) Berhad ("KFH"), the Board of Directors of Octagon wishes to announce that the Company had on 10 February 2015 received a letter of demand dated 4 February 2015 from KFH ("Letter of Demand") for the payment by Octagon, within fourteen (14) days from the date of the Letter of Demand, the outstanding due and payable amounting to RM61,520,400.27 (Ringgit Malaysia Sixty One Million Five Hundred Twenty Thousand Four Hundred and Sen Twenty Seven) as at 31 December 2014 together with any applicable compensation calculated until the date of full settlement pursuant to the Corporate Guarantee Agreement dated 24 March 2009 between the Company and KFH for the Facility undertaken by APT, an Octagon's former subsidiary which has been wound up on 5 March 2014. Pursuant to the power contained the debenture dated 9 March 2007 created by APT in favor of KFH for the Facility, KFH had on 26 September 2013 appointed the Receiver & Manager who had completed the disposal of APT's charged assets on 25 April 2014 ("Disposal") for a gross consideration of RM20 million.  The outstanding due and payable demanded by KFH therein the Letter of Demand has been arrived at based on the remaining principal due and outstanding as at 31 December 2014 of RM58,748,580.85 after taking into account of the net proceed of RM19,297,592.13 from the Disposal plus additional profit elements due and outstanding of RM2,609,640.46 as at 31 December 2014 as well as a 1% compensation fees. As part of the Proposed Debt Settlement Scheme, pursuant to the Supplemental Settlement Agreement dated 17 February 2014 with the FI Creditors ("Supplemental DSA") as announced on 18 February 2014, the Company and APT shall have to complete the Supplemental DSA on or before 31 December 2014, being the Revised Completion Date as mutually extended pursuant to the provisions in the Supplemental DSA.  The above amount demanded by KFH has been fully provided for in the accounts of the Group since the financial year ended 31 October 2013. The Proposed Debt Settlement Scheme with the FI Creditors and the Institutional Creditors of the Company is part of the Company's regularisation plan to address the Group's financial conditions and subject to, inter-alia, the approval of the relevant authorities, to uplift the Company from being an affected listed issuer pursuant to Practice Note 17 of the Main Market Listing Requirements of Bursa Securities ("Proposed Regularisation Plan").  As announced on 19 June 2014, the Company had on even date submitted the application of the Proposed Regularisation Plan to Bursa Securities, the application of which is still pending decision of Bursa Securities as of the date of this announcement. The Company is seeking further discussions with KFH and other FI Creditors under the Supplemental DSA with the assistance of Corporate Debt Restructuring Committee in respect of the Letter of Demand as mentioned above.  The Company will announce any further developments on the above matters as and when necessary. This announcement is dated 11 February 2015.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31/01/2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/01/2015	31/01/2014	31/01/2015	31/01/2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	5,871	9,255	5,871	9,255
2	Profit/(loss) before tax	-7,818	-5,653	-7,818	-5,653
3	Profit/(loss) for the period	-7,825	-5,743	-7,825	-5,743
4	Profit/(loss) attributable to ordinary equity holders of the parent	-7,825	-4,866	-7,825	-4,866
5	Basic earnings/(loss) per share (Subunit)	-4.69	-2.92	-4.69	-2.92
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 ($$)	-1.1200		-1.0700

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Apr 2015

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Apr 2015	30 Apr 2014	30 Apr 2015	30 Apr 2014
		$$'000	$$'000	$$'000	$$'000

1	Revenue	6,076	9,093	11,947	18,348
2	Profit/(loss) before tax	-7,492	-7,946	-15,310	-13,599
3	Profit/(loss) for the period	-7,570	-8,061	-15,395	-13,804
4	Profit/(loss) attributable to ordinary equity holders of the parent	-7,570	-7,120	-15,395	-11,986
5	Basic earnings/(loss) per share (Subunit)	-4.54	-4.27	-9.23	-7.19
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 ($$)	-1.1600		-1.0700

Remarks :

1.  Revenue for current quarter under review shown above represents revenue from continuing operations only.  Including the revenue from discontinued operation, the revenue of the Group for current quarter under review is RM8.926 million.2.  The loss before taxation for current quarter under review shown above is from continuing operations only.  Total loss before taxation of the Group including discontinued operation is RM7.570 million.3.  Loss for the period for the current quarter under review, loss attributable to ordinary equity holders of the parent and basic loss per share for the current quarter under review shown above are representative of the combined effects of continuing and discontinued operations of the Group.

icy97

icy97 发表于 18-12-2014 11:43 PM
八方旺919萬售印尼虧損公司

2014-12-18 12:17      

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL OF THE ENTIRE EQUITY SHAREHOLDING IN PT DURACHEM INDONESIA ("PTD") TO ORIGIN ELECTRIC CO., LTD. ("ORIGIN"), MIKI & CO., LTD. ("MIKI") AND GIANTVALE (M) SDN BHD ("GVM") ("PROPOSED DISPOSAL")
(Unless otherwise stated, all terms and abbreviations used herein shall have the same meaning as those used in the Company’s announcement dated 17 December 2014 in relation to the Proposed Disposal) With reference to the announcement dated 17 December 2014, the Board of Directors of Octagon wishes to announce that the Proposed Disposal has been completed on 17 August 2015. This announcement is dated 17 August 2015.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL OF THE ENTIRE EQUITY SHAREHOLDING IN PROFOUND PEAK SDN BHD TO GIANTVALE (M) SDN BHD (PROPOSED DISPOSAL)
The Board of Directors (“Board”) of Octagon Consolidated Berhad (“Octagon” or “Seller”) wishes to announce that Octagon has on 17 August 2015 entered into a share sale agreement (“Agreement”) with Giantvale (M) Sdn Bhd (“Giantvale” or “Buyer”) to dispose off its equity interest equivalent to 100% of the issued and paid up capital of Profound Peak Sdn Bhd (“PP”) comprising 2 ordinary shares of RM1.00 each in PP (“PP Shares”) to Giantvale for a total cash consideration of RM200,000.00 (“Consideration Price”) upon the terms and conditions stipulated in the Agreement. The full text of the announcement is enclosed herewith. This announcement is dated 17 August 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4830829

Attachments Octagon_Proposed Disposal of Profound Peak 17 Aug 15_full text.pdf

icy97

icy97 发表于 4-3-2014 05:24 AM

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	PROPOSED PAR VALUE REDUCTION;PROPOSED RIGHTS ISSUE WITH WARRANTS;PROPOSED SPECIAL ISSUE;PROPOSED DEBT SETTLEMENT;PROPOSED DIVERSIFICATION;PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; ANDPROPOSED AMENDMENT(COLLECTIVELY, THE PROPOSED REGULARISATION PLAN)
(Abbreviations used in this announcement are defined in the announcements dated 3 March 2014, 10 June 2014 and 23 October 2014 in relation to the Restated JDA and the Restated OA) Reference is made to the announcements dated 3 March 2014, 10 June 2014 and 23 October 2014 in relation to the Restated JDA (including the supplemental agreements) entered into between Octagon, Malaco Mining and Malaco Leichhardt as well as the Restated OA (including the supplemental agreements) entered into between Octagon and Malaco Leichhardt. On behalf of the Board of Directors of Octagon, M&A Securities wishes to announce that the Company has received a termination letter dated 17 August 2015 from Malaco Leichhardt wherein it was stated that in view of the non-fulfillment of the Conditions Precedent as defined in the Restated JDA and Restated OA within the stipulated period, the Restated JDA and the Restated OA have automatically been terminated and cease to have any further effect from 17 August 2015. In view of the depressed copper market prices as well as the significant depreciation of Ringgit Malaysia against United States Dollar, the Board of Directors of Octagon decided and wishes to announce that the Company is agreeable that the Restated JDA and the Restated OA shall be terminated and cease to have effect from 17 August 2015. The Company is currently seeking an extension of time of up to ninety (90) days from Bursa Securities for the Company to re-submit a regularisation plan based on either a new asset of which the Company will now commence discussion to finalise or based on a self rescue plan. The Board of Directors of Octagon shall make the necessary announcement in due course. This announcement is dated 18 August 2015.

icy97

icy97 发表于 18-8-2015 03:13 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4830829

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	PROPOSED DISPOSAL OF THE ENTIRE EQUITY SHAREHOLDING IN PROFOUND PEAK SDN BHD TO GIANTVALE (M) SDN BHD ("PROPOSED DISPOSAL")
(Unless otherwise stated, all terms and abbreviations used herein shall have the same meaning as those used in the Company’s announcement dated 17 August 2015 in relation to the Proposed Disposal) With reference to the announcement dated 17 August 2015, the Board of Directors of Octagon wishes to announce that the Proposed Disposal has been completed on 28 August 2015. This announcement is dated 28 August 2015.

icy97

八方旺组合洽2公司 合作维修工艺学院

财经新闻 财经  2015-09-12 10:53
（吉隆坡11日讯）PN17公司八方旺组合（OCTAGON，7109，主板工业产品股）和2家公司洽谈，探讨合作为工艺学院和国际回教大学（IIUM）提供维修工作。

根据文告，该公司昨日和Konsortium PAE Sepakat私人有限公司（KPAE）签署框架协议，联手负责国内7家工艺学院学生校舍的维修工作。

另外，该公司也和和Sasaran Etika私人有限公司（SESB）签署框架，协商合作为彭亨关丹的国际回教大学校舍，提供维修服务。

3家公司达成协议，共同承担所有成本和开资，以在60天内完成精密审核工作。

八方旺组合指出，该公司的重组计划在最后阶段，一旦完成将适时对外公布。【南洋网财经】

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 REGULARISATION PLAN
Description	OCTAGON CONSOLIDATED BERHAD ("OCTAGON" OR THE "COMPANY")EXECUTION OF FRAMEWORK AGREEMENTS FOR THE PROPOSED JOINT MANAGEMENT ARRANGEMENT IN RELATION TO THE MAINTENANCE OF THE RESIDENTIAL STUDENT HOSTELS OF SEVEN POLYTECHNICS IN MALAYSIA AS WELL AS THE RESIDENTIAL STUDENT HOSTELS OF INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA CAMPUS IN KUANTAN, PAHANG DARUL MAKMUR, MALAYSIA
The Board of Directors of Octagon (“Board”) wishes to announce that: the Company has on 9 September 2015 entered into a framework agreement with Konsortium PAE Sepakat Sdn Bhd (“KPAE”) (“Framework Agreement 1”) to carry out negotiations with a view to entering into definitive agreements for a proposed joint management arrangement whereby Octagon or its wholly-owned subsidiary shall be appointed as contractor to carry out identified and agreed works in relation to the maintenance of the residential student hostels of seven (7) polytechnics (details of which as set out in Section 2.1 herein) in Malaysia (“Definitive Agreements 1”) pursuant to the terms and conditions set out in said definitive agreements; and the Company has also on even date entered into a framework agreement with Sasaran Etika Sdn Bhd (“SESB”) (“Framework Agreement 2”) to carry out negotiations with a view to entering into definitive agreements for a proposed joint management arrangement whereby Octagon or its wholly-owned subsidiary shall be appointed as contractor to carry out identified and agreed works in relation to the maintenance of the residential student hostels of International Islamic University Malaysia (“IIUM”) campus in Kuantan, Pahang Darul Makmur (“Definitive Agreements 2”) pursuant to the terms and conditions set out in the said definitive agreements. Framework Agreement 1 and Framework Agreement 2 are collectively referred to as the “Framework Agreements”.  Definitive Agreements 1 and Definitive Agreements 2 shall be collectively referred to as the “Definitive Agreements”. The Framework Agreements set out the framework of the regularisation plan of the Company (“Proposed Regularisation Exercise”) and the respective mutual commitment between KPAE and Octagon as well as between SESB and Octagon to carry out negotiations for the purpose of execution of Definitive Agreements as part of the Company’s initiative to restore Octagon onto stronger financial footing via, amongst others, a balance sheet reconstruction, injection of new funds and settlement with the group’s creditors. The Company is currently finalising its regularisation plan under Practice Note (“PN”) 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) and will release an announcement on the details of the Proposed Regularisation Exercise upon finalising the terms of the Definitive Agreements. Please refer to the attachment for more information. This announcement is dated 10 September 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4863165

Attachments Octagon - Framework Agreement_announcement (full text) 10 Sep 15.pdf

icy97

八方旺組合遭勒令29日下市

財經股市23 Sep 2015 23:37
（吉隆坡23日訊）PN17公司八方旺組合（OCTAGON，7109，主要板工業）重組計劃歷經3年零3個月卻無法達到滿意結果，遭馬證交所勒令除牌，將在本月29日正式下市。

馬證交所在報備文告中指出，該公司從2012年6月開始重組，至今已過3年3個月，仍無法完成重組計劃，而且缺乏合理理由再延長期限90天，故決定讓該公司下市。

文告亦指出，該公司從截至2009年10月底財年已開始虧損，至最新截至今年4月底財年財報，八方旺組合仍持續虧損，種種考量之下勒令該股下市。【中国报财经】

Type	Announcement
Subject	DELISTING OF SECURITIES
Description	FURTHER APPEAL AGAINST DE-LISTING UNDER PARAGRAPH 8.04 OF THE BURSA MALAYSIA SECURITIES BERHADS (BURSA SECURITIES) MAIN MARKET LISTING REQUIREMENTS (MAIN LR) (APPEAL)
Reference is made to the announcement dated 18 August 2015 in respect to the Appeal. M&A Securities Sdn Bhd, on behalf of the Company, wishes to announce that after due consideration of all the facts and circumstances of the matter including the written representation of the Company, Bursa Securities vide its letter dated 23 September 2015, has decided to:- (a)        dismiss the Company’s further appeal for an extension of time to submit its regularisation plan to the relevant authorities for approval; and (b)        de-list the securities of Octagon from the Official List of Bursa Securities pursuant to Paragraph 8.04 of the Main LR. In the circumstances, the securities of the Company will be removed from the Official List of Bursa Securities upon the expiry of two (2) market days from the date of this announcement i.e. on Tuesday, 29 September 2015. Kindly refer to the enclosure for additional information. This announcement is dated 23 September 2015.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4875741

Attachments Octagon - Announcement dated 23 September 2015.pdf

icy97

马交所令29日除牌 八方旺组合上诉

财经新闻 财经  2015-09-26 10:43
（吉隆坡25日讯）PN17公司八方旺组合（OCTAGON，7109，主板工业产品股）今日向大马交易所提出上诉，寻求大马交易所撤回将该公司除牌的决定。

根据大马交易所在9月23日的信函，经考量后，决定驳回该公司展延呈交重组计划的上诉要求，并且决定在下周二（29日）将该公司从马交所除牌。

八方旺组合因财务情况陷入困境，更抵触大马交易所主板PN17和PN1条例，在2012年6月8日被列入PN17和PN1公司行列。【南洋网财经】

OCTAGON CONSOLIDATED BERHAD

Type	Announcement
Subject	OTHERS
Description	REQUEST AGAINST THE DELISTING OF THE COMPANY SHARES ON TUESDAY, 29 SEPTEMBER 2015
THE BOARD OF DIRECTORS OF OCTAGON CONSOLIDATED BERHAD ("OCTAGON") WISHES TO ANNOUNCE THAT THE COMPANY HAD APPEALED TO BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ON 25 SEPTEMBER, 2015 AGAINST THE DECISION OF BURSA SECURITIES IN RESPECT OF DELISTING OF THE SECURITIES OF OCTAGON FROM THE MAIN MARKET OF BURSA SECURITIES AS WELL AS SEEK THE APPROVAL OF BURSA SECURITIES FOR AN EXTENSION OF TIME OF UP TO SIXTY (60) DAYS FROM THE DATE OF THE LETTER OF APPEAL FOR OCTAGON TO SUBMIT ITS PROPOSED REGULARISATION PLAN, PREMISED ON THE EXPLANATIONS, REASONS AND STATUS OR DEVELOPMENTS AS SET OUT IN THE SAID LETTER OF APPEAL. THIS ANNOUNCEMENT IS DATED 25 SEPTEMBER, 2015.

icy97

延交重组上诉失败 八方旺组合今除牌

财经新闻 财经  2015-09-29 11:31
（吉隆坡28日讯）PN17公司八方旺组合（OCTAGON，7109，主板工业产品股）上诉失败，明日（29日）将告别马股下市。

大马交易所在上周三（23日）发函，决定驳回八方旺组合展延呈交重组计划的上诉要求，而该公司也在隔两日提出上诉。

但根据今日文告，该公司呈交了重组计划的更多进展与详情，包括联营管理合约的落实条件，还有与债主之间的债务处理等，依然挽回不了马交所的心，维持除牌决定。

八方旺组合因财务情况陷入困境，更抵触大马交易所主板PN17和PN1条例，在2012年6月8日被列入PN17和PN1公司行列。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	APPEAL AGAINST BURSA MALAYSIA SECURITIES BERHAD'S (BURSA SECURITIES) DECISION TO DE-LIST THE SECURITIES OF OCTAGON
Reference is made to the announcement dated 23 September 2015 in respect to the decision of Bursa Securities to de-list the Company from the Official List of Bursa Securities (“De-listing”) and the announcement dated 25 September 2015 in respect of the appeal by the Company against the De-listing. In the letter of appeal, the Company has also provided further updates to Bursa Securities on the progress of the formulation of the regularisation plan since the previous update on 14 September 2015, including among others, finalisation of the definitive terms of the proposed joint management arrangement, finalisation of detailed scheme including the settlement sum for the lenders. The Board of Directors wishes to announce that Bursa Securities has on even date written to the Company and inform that the decision of the Listing Committee is final and reiterated that the securities of the Company will be removed from the Official List of Bursa Securities on Tuesday, 29 September 2015. This announcement is dated 28 September 2015.