【BGYEAR 7023 交流专区】嘉年建筑

chyip385

Announcement Date	Financial Year	Quarter Number	Financial Quarter	Revenue (RM,000)	Profit Before Tax (RM,000)	Net Profit (RM,000)	Earning Per Share (Cent)	Dividend (Cent)	NTA (RM)
30/11/2012	30/06/2013	1	30/09/2012	28,527	-38,865	-90,527	-177.92	0.00	-1.240
28/08/2012	30/06/2012	4	30/06/2012	72,524	-13,876	-13,678	-26.88	0.00	0.540
28/05/2012	30/06/2012	3	31/03/2012	31,642	-21,674	-21,655	-42.56	0.00	0.810
28/02/2012	30/06/2012	2	31/12/2011	38,107	-1,570	-1,614	-3.17	0.00	1.240
29/11/2011	30/06/2012	1	30/09/2011	30,300	-1,458	-1,631	-3.21	0.00	1.270
25/08/2011	30/06/2011	4	30/06/2011	42,490	-15,771	-15,736	-30.93	0.00	1.330

官网：http://www.binagoodyear.com/

Type	Announcement
Subject	PRACTICE NOTE 17 / GUIDANCE NOTE 3 FIRST ANNOUNCEMENT
Description	Bina Goodyear Berhad - Announcement pursuant to Practice Note 17 of the Main Market Listing Requirements
1.         INTRODUCTION Pursuant to Paragraph 8.04 and Paragraph 2.1(a) of PN17 of the Main Market Listing Requirements, the Board of Directors of Bina Goodyear Berhad (“BGB” or “the Company”) wishes to announce that as of the date hereof, BGB is considered a PN17 company. The PN17 criteria was triggered as a result of the shareholders’ equity of the Company on a consolidated basis being 25% or less of the issued and paid-up capital (excluding treasury shares) of the Company and such shareholders’ equity is less than RM40 million as a result of the provision of approximately RM29.6 million of the Work-in-Progress, which is not billable and chargeable to its customers (“the First Announcement”). 2.         OBLIGATIONS OF THE COMPANY AS AN AFFECTED LISTED ISSUER Pursuant to PN17, the Company as an affected listed issuer is required to comply with the following:- i)          within 12 months from the date of the First Announcement a)         submit a regularisation plan to the Securities Commission (“SC”) if the plan will result in a significant change in the business direction or policy of the Company; or b)         submit a regularisation plan to Bursa Malaysia if the plan will not result in a significant change in the business direction or policy of the Company, and obtainBursa Malaysia’s approval to implement the plan ii)          implement the regularisation plan within the time frame stipulated by the SC or BursaMalaysia, as the case may be; iii)         announce within three (3) months from this First Announcement, on whether the regularisation plan will result in a significant change in the business direction or policy of the Company; iv)         announce the status of its regularisation plan and the number of months to the end of the relevant time frames referred in Paragraphs 5.1 and 5.2 in PN17, as may be applicable, on a monthly basis until further notice from Bursa Malaysia; v)          announce its compliance or non-compliance with a particular obligation imposed pursuant to PN17, on an immediate basis; vi)         announce the details of the regularisation plan (“Requisite Announcement”) and sufficient information to demonstrate that the Company is able to comply with all the requirements set out in Paragraph 3.1 of PN17 after implementation of the regularisation plan, which shall include a timetable for the complete implementation of the regularisation plan. The Requisite Announcement must be made by the Company’s Principal Adviser; and vii)        where the Company fails to regularise its condition, it will announce the dates of suspension and de-listing of its listed securities immediately upon notification of suspension and de-listing by Bursa Malaysia. 3.         CONSEQUENCE OF NON-COMPLIANCE In the event the Company fails to comply with the obligations to regularise its condition, all its listed securities will be suspended from trading on the next market day after five (5) market days from the date of notification of suspension and de-listing by Bursa Malaysia and de-listing procedures shall be taken against the Company, subject to the Company’s right to appeal against the de-listing. 4.         STATUS OF PLAN TO REGULARISE CONDITION The Company intends to formulate a regularisation plan to address its PN17 status.

股東基金不足‧嘉年建築列PN17

大馬  2012-11-20 08:47
（吉隆坡19日訊）嘉年建築（BGYEAR，7023，主板建筑組）因2千960萬令吉在建項目無法入賬，而必須作出相關撥備，導致股東基金在撥備後低過4千萬令吉，不符合規定而列為PN17公司。

該公司在文告中指出，為了確認上述認撥備對財務情況的影響，已委任PKF顧問為特別稽查員，以進行特別的稽查報告。

由於納入撥備後，該公司的股東基金無法達到繳足資本的25%，因此觸及了PN17條例。

該公司必須在12個月內提呈重組計劃，否則將面臨下市的命運。

該公司強調已針對PN17公司的地位，著手重組計劃。（星洲日報／財經）

http://biz.sinchew.com.my/node/67311

嘉年建筑账目调查 财务部高级总经理停职

财经新闻 财经  2012-11-23 12:19
（吉隆坡22日讯）陷入PN17公司行列的嘉年建筑（BGyear，7023，二板建筑股），今天宣布配合账目纪录调查工作，旗下财务部门的高级总经理暂被停职。

大马交易所周三发表文告，指嘉年控股抵触PN17上市条例第2.1（a）条文，被列为PN17公司。

嘉年建筑周四股价下滑2.63%或0.5仙，以18.5仙挂收。

早前嘉年建筑董事部宣布，负责财务支付账户的高级总经理通知，集团有一笔总值2960万令吉的工程无法向客户收款，进而需由集团负担。

http://www.nanyang.com.my/node/493336?tid=462

chyip385

Now can buy BGYEAR 7023 ??


Now price RM0.085

williamnkk81

chyip385 发表于 26-12-2012 01:46 PM
Now can buy BGYEAR 7023 ??

NTA都负数了。。。。

chyip385

williamnkk81 发表于 26-12-2012 02:48 PM
NTA都负数了。。。。

等待除牌对吗 ?????

williamnkk81

chyip385 发表于 27-12-2012 10:48 AM
等待除牌对吗 ?????

那就还没那么快。。。。要看可以重振嘛。。。。

chyip385

williamnkk81 发表于 27-12-2012 11:42 AM
那就还没那么快。。。。要看可以重振嘛。。。。

这公司前景如何 ???

williamnkk81

chyip385 发表于 27-12-2012 11:46 AM
这公司前景如何 ???

目前朦胧一片。。。。等待。。。。

icy97

現金或發股‧嘉年建築擬清債計劃

大馬  2012-12-29 13:01
（吉隆坡28日訊）嘉年建築（BGYEAR,7023,主板建筑組）計劃通過現金或發股方式與債權人達成債務清償計劃。

該公司發文告表示，截至2012年9月30日止財政年，公司賬面淨資產值為4千690萬令吉，若扣除300萬令吉重組開銷，實際淨資產值僅為4千390萬令吉，但負債卻高達1億零980萬令吉，因此建議進行總值4千829萬令吉的債務清償計劃。

根據相關計劃，嘉年建築將成立特別用途公司（SPV）來兌現公司資產，隨後公司將以483萬令吉將所有資產和負債替換至SPV，最終透過發售4千829萬令吉的新公司股票來支付債權人。

不過，相關計劃仍有待大馬交易所和股東批准。（星洲日報／財經）

BINA GOODYEAR BERHAD

Type	Announcement
Subject	OTHERS
Description	BINA GOODYEAR BERHAD (“BGB” OR “COMPANY”) PROPOSED DEBT SETTLEMENT OF BGB GROUP (“PDS”)
The Company wishes to announce that the Board of Directors of BGB (“Board”), had on 28 December 2012 approved to proceed with a proposed debt settlement to the creditors of the BGB Group (namely, the identified scheme creditors of BG Builders Sdn Bhd, BG Reality Sdn Bhd, Seranta Machinery & Equipment Sdn Bhd) (“Scheme Creditors”) via cash and/or shares to be implemented via a court convened meeting (“PDS”) and subject to the approval of Bursa Malaysia and the shareholders of BGB. Details of the PDS are set out below: Proposed Debt Settlement of BGB Group (“PDS”) As at 30 September 2012 (“the Cut-off Date”), the net book value of the assets of the Group on consolidated basis stood at RM46.9 million, whereas the estimated amount owed to its creditors was RM109.8 million.  Taking into consideration the estimated restructuring expenses of RM3.0 million, the net book value of the assets available to the existing creditors of the Group would be RM43.9 million (“the Adjusted NBV”). The Proposed Debt Settlement involves the settlement of a sum of equivalent to the net assets available to the Scheme Creditors as at the Cut-off Date plus an additional 10%, i.e. RM48.29 million in total (“the Settlement Sum”), in proportion to their entitlement to the Adjusted NBV of the assets of the Group under a liquidation scenario of the Group (“the Scheme Creditor Entitlement”), as full and final settlement of the Group’s obligations to its creditors, as follows: (a)        A new company will be incorporated to facilitate the Proposed Debt Settlement (“the SPV”).  The main objective of the SPV shall be to realise the assets of the Group (to be novated to it) and to distribute the proceeds realised to the Scheme Creditors based on their respective entitlements to the Settlement Sum, on a pari passu basis; (b)       The Group shall novate to the SPV all the assets of the Group as at the Cut-off Date (“the Novated Assets”) together with all its liabilities to the Scheme Creditors (“the Novated Liabilities”), for a consideration of RM4.83 million to be paid via the issuance of RM48,290,000 new ordinary shares of RM0.10 each by NewCo (“the Debt Settlement Shares”).   However, at any time before the novation of the Novated Assets and the Novated Liabilities to the SPV in the implementation of the PCDRS, the Group shall be entitled to buy back from the SPV any of the Novated Assets that NewCo thinks necessary for the future operations of the Group after the implementation of the PCDRS (“the Retained Assets”) at a cash consideration equal to the market value of the Retained Assets as at the Cut-off Date, but not less than RM4,829,000; and (c)        The Novated Liabilities, amounting to RM109.8 million as at the Cut-off Date (subject to a proof of debt to be conducted), shall be settled by the SPV as follows: (i)                 10% of the Settlement Sum, equivalent to RM4,829,000 is proposed to be settled through the distribution of the Debt Settlement Shares received from NewCo to the Scheme Creditors, based on the Scheme Creditor Entitlement; (ii)               Not less than 10% of the Settlement Sum, equivalent to RM4,829,000 is proposed to be settled by the cash received by the SPV as consideration for the Retained Assets, which shall be distributed to the Scheme Creditors based on the Scheme Creditor Entitlement (“the Cash Settlement”); (iii)             The remaining of the Settlement Sum after the settlement via the Debt Settlement Shares and the Cash Settlement is proposed to be settled in full from the proceeds to be realised from the disposal of the Novated Assets by the SPV, other than the Retained Assets, which shall be distributed to the Scheme Creditors based on the Scheme Creditor Entitlement.  For the purpose of realisation of the Retained Assets, the SPV shall be placed under members’ voluntary winding-up immediately upon completion of the novation of the Novated Assets and Novated Liabilities to the SPV; and (iv)             The disposal of all the Novated Assets by the SPV and the distribution of the Debt Settlement Shares, the Cash Settlement and the proceeds from the disposal of the Novated Assets shall be in full and final settlement of the obligations of the Group. The above proposed settlements will be formalised pursuant to the respective BGB Group companies’ proposed composite schemes of arrangement to be carried out under Section 176 of the Companies Act, 1965, and will be subjected to the approvals of Bursa Malaysia and the shareholders of BGB.  Further, upon the approval of the Scheme Creditors, a Principal Advisor and other relevant advisers will be appointed to advise the BGB Group on the implementation of a suitable Proposed Corporate and Debt Re-arrangement Scheme. Further information will be set out in the explanatory statement to the Scheme Creditors in relation to the Proposed Debt Settlement which will be despatched to the respective creditors in due course.  Details of the Scheme Creditors may be viewed at Company’s registered office located at Tingkat 11, Blok B, Kelana Centre Point, 3 Jalan SS 7/19, Kelana Jaya, 47301 Petaling Jaya. This announcement is dated 28 December 2012.

icy97

嘉年建築2960萬撥款調查中

企業財經31/12/2012 22:24
（吉隆坡31日訊）嘉年建築（BGYEAR，7023，主要板建築）欠債達1億980萬令吉，成立特別用途工具公司清償債務達4829萬令吉，另外2960萬撥款問題仍在調查中。

該公司于今日（週一）召開年度股東大會后，其董事經理穆興中（譯音）指出，該筆2960萬令吉問題款項仍在調查中，未透露其他詳情。

該公司今日向馬證交所報備指出，截至9月底截止日，該公司賬面淨資產值估計有4690萬令吉，扣除300萬令吉重組計劃的開銷費用，可用以償還債權人的實際賬面價值為4390萬令吉。

根據28日獻議債務清償計劃，嘉年建築將註冊一間特別用途工具公司，接收該公司所有資產和債務。

該公司指出，將由新公司發行每股10仙共4829萬令吉的新股注入特別用途工具公司，並支付后者483萬令吉，前述金額將用作清償對債權人的欠款，特別用途工具公司完成這項債務解決計劃后進行清算。

相關計劃待大馬交易所和股東批准。

該公司于11月19日向馬證交所報備，需先為尚在進度中工程的2960萬令吉未進賬款項，做出撥備，繼而影響股東基金陷赤，違反上市條例被列入PN17公司行列，該公司后著手調查此事，並暫停財務部高級經理職務。

截至9月底，該公司2013年首季淨虧損9053萬令吉，營業額報2853萬令吉。[ChinaPress]

BINA GOODYEAR BERHAD

Type	Announcement
Subject	OTHERS
Description	BINA GOODYEAR BERHAD (“BGB” OR “COMPANY”) PROPOSED DEBT SETTLEMENT OF BGB GROUP (“PDS”)
Further to the Company’s announcement on 28 December 2012, the Company wishes to clarify that the details of the PDS should be as follows: Proposed Debt Settlement As at 30 September 2012 (“the Cut-off Date”), the estimated net book value of the assets of the Group on consolidated basis stood at RM46.9 million, whereas the estimated amount owed to its creditors was RM109.8 million.  Taking into consideration the estimated restructuring expenses of RM3.0 million, the net book value of the assets available to the existing creditors of the Group would be RM43.9 million (“the Adjusted NBV”). The Proposed Debt Settlement involves the settlement of a sum equivalent to the net realisation of assets available to the existing creditors of the Group as at the Cut-off Date (“the Scheme Creditors”) plus an additional 10% of the Adjusted NBV of the assets, in proportion to their entitlement under a liquidation scenario of the Group (“the Scheme Creditor Entitlement”), as full and final settlement of the Group’s obligations to its creditors. More specifically, the Proposed Debt Settlement may be set out as follows: (a)        BGB will incorporate a new subsidiary company to facilitate the Proposed Debt Settlement (“the SPV”).  The main objective of the SPV is to receive all of the assets and liabilities of BGB which shall be novated to the company, and thereafter to realise the assets of the Group (that have been novated to it) and to distribute the proceeds realised to the Scheme Creditors based on the respective entitlements on a pari passu basis, as if BGB and its subsidiaries have been liquidated instead; (b)       The Group shall novate to the SPV all the assets of the Group as at the Cut-off Date (“the Novated Assets”) together with all its liabilities to the Scheme Creditors (“the Novated Liabilities”), for a consideration of RM4.83 million to be paid to the SPV via the issuance of RM48,290,000 new ordinary shares of RM0.10 each by NewCo (“the Debt Settlement Shares”).   However, at any time before the novation of the Novated Assets and the Novated Liabilities to the SPV in the implementation of the PCDRS, the Group shall be entitled to buy back from the SPV and its subsidiary companies any of the Novated Assets that NewCo thinks necessary for the future operations of the Group after the implementation of the PCDRS (“the Retained Assets”) for a cash consideration equal to the market value of the Retained Assets as at the Cut-off Date, but not less than RM4,829,000.  This cash consideration when received by the SPV and/or its subsidiary companies shall be firstly used to settle the creditors of that subsidiary company, and thereafter, any surplus shall be distributed in specie to the Scheme Creditors following a liquidation of the said subsidiary company, together with the consideration that may be received by the SPV for any of its owned assets that may be acquired by Newco, based on the Scheme Creditor Entitlement; and (c)        The Novated Liabilities, estimated at RM109.8 million as at the Cut-off Date (subject to a proof of debt to be conducted), shall be settled by the SPV as follows: (i)                 As mentioned previously, RM4,829,000 is proposed to be settled through the distribution of the Debt Settlement Shares received from NewCo to the Scheme Creditors, based on the Scheme Creditor Entitlement; (ii)               Not less than RM4,829,000 in cash, is proposed to be used to settle the respective creditors of the subsidiary companies of the SPV, which assets may be acquired by Newco, and thereafter, any surplus cash after the settlement of the respective subsidiaries of the SPV shall be distributed in specie to the Scheme Creditors following a liquidation of the said subsidiary company, together with the consideration that may be received by the SPV for any of its owned assets that may be acquired by Newco, based on the Scheme Creditor Entitlement (“the Cash Settlement”); (iii)             After the settlement via the Debt Settlement Shares and the Cash Settlement, SPV shall be liquidated, and it is proposed that the Scheme Creditors shall be settled from the proceeds to be realised from the realisation of the remaining Novated Assets; and (iv)             The liquidation of the SPV, and the distribution of the Debt Settlement Shares and the Cash Settlement, shall be in full and final settlement of the entire existing obligations of the Group to its creditors, contingent or otherwise. The settlement to the creditors of the Group shall be implemented via a composite scheme of arrangement of all the companies within the Group pursuant to Section 176 of the Companies Act 1965, and will be subjected to the approvals of Bursa Malaysia Securities Berhad and the shareholders of BGB. This announcement is dated 31 December 2012.

icy97

BINA GOODYEAR BERHAD

Type	Announcement
Subject	OTHERS
Description	BINA GOODYEAR BERHAD (“BGB” OR “COMPANY”) PROPOSED DEBT SETTLEMENT OF BGB GROUP (“PDS”)
Further to the verbal queries from Bursa Malaysia Securities Berhad (“Bursa”), the Company wishes to clarify that the Proposed Debt Settlement as announced on 28 December 2012 and 31 December 2012 is intended to procure the agreement-in-principle of its creditors to a compromise or arrangement as part of its regularisation plan, as required under Paragraph 4.3(b) of Practice Note 17 of Bursa’s Main Market Listing Requirements.  Also, the Proposed Debt Settlement, which is to be implemented via a scheme of arrangement under Section 176 of the Companies Act 1965, is intended to address the pending winding up petition against the Company, which is scheduled to be heard on 30 January 2013, as well as other legal issues. Additionally, the Company wishes to highlight that the reference to “NewCo” in its announcement on 31 December 2012, should refer to “the restructured Bina Goodyear Berhad”. The particulars of the Proposed Debt Settlement are reproduced below (with changes underlined): “Proposed Debt Settlement As at 30 September 2012, the estimated net book value of the assets of the Group on consolidated basis stood at RM46.9 million, whereas the estimated amount owed to its creditors was RM109.8 million.  Taking into consideration the estimated restructuring expenses of RM3.0 million, the net book value of the assets available to the existing creditors of the Group would be RM43.9 million (“the Adjusted NBV”). The Proposed Debt Settlement involves the settlement of a sum equivalent to the net realisation of assets available to the existing creditors of the Company as at 31 December 2012 ("the Cut-off Date") (“the Scheme Creditors”) plus an additional 10% of the Adjusted NBV of the assets, in proportion to their entitlement under a liquidation scenario of the Company (“the Scheme Creditor Entitlement”), as full and final settlement of theCompany’s obligations to its creditors.  More specifically, the Proposed Debt Settlement may be set out as follows: (a) BGB will incorporate a new subsidiary company to facilitate the Proposed Debt Settlement (“the SPV”).  The main objective of the SPV is to receive all of the assets and liabilities of BGB which shall be novated to the SPV, and thereafter to realise the assets of the Group (that have been novated to it) and to distribute the proceeds realised to the Scheme Creditors based on the respective entitlements on a pari passu basis, as if BGB and its subsidiaries have been liquidated instead; (b) The Company shall novate to the SPV all the assets of the Company as at the Cut-off Date (“the Novated Assets”) together with all its liabilities to the Scheme Creditors (“the Novated Liabilities”), for a consideration ofRM4.829 million to be paid to the SPV via the issuance of RM48,290,000 new ordinary shares of RM0.10 each by the restructured Bina Goodyear Berhad (“NewCo”) (“the Debt Settlement Shares”).    However, at any time before the sale of the Novated Assets by the SPV and/or its subsidiary companies, NewCo shall be entitled to buy back from the SPV and/or its subsidiary companies any of the Novated Assets that NewCo thinks necessary for the future operations of the Group after the implementation of the Proposed Debt Settlement (“the Retained Assets”) for a cash consideration equal to the market value of the Retained Assets as at the Cut-off Date, but not less than RM4,829,000.  This cash consideration when received by the SPV and/or its subsidiary companies shall be firstly used to settle the creditors of that subsidiary company, and thereafter, any surplus shall be distributed to the Scheme Creditors following a liquidation of the said subsidiary company, together with the consideration that may be received by the SPV for any of its owned assets that may be acquired by NewCo, based on the Scheme Creditor Entitlement; and (c) The Novated Liabilities, estimated at RM109.8 million as at the Cut-off Date (subject to a proof of debt to be conducted), shall be settled by the SPV as follows: (i) RM4,829,000 is proposed to be settled through the distribution of the Debt Settlement Shares received from the NewCo (as mentioned in paragraph (b) above) to the Scheme Creditors, based on the Scheme Creditor Entitlement; (ii) Not less than RM4,829,000 in cash, is proposed to be used to settle the respective creditors of the subsidiary companies of the SPV, which assets may be acquired by NewCo, and thereafter, any surplus cash after the settlement of the creditors of the respective subsidiaries of the SPV shall be distributed to the Scheme Creditors following a liquidation of the said subsidiary company, together with the consideration that may be received by the SPV for any of its owned assets that may be acquired by NewCo, based on the Scheme Creditor Entitlement (“the Cash Settlement”); (iii) After the settlement via the Debt Settlement Shares and the Cash Settlement, SPV shall be liquidated, and it is proposed that the Scheme Creditors shall be settled from the proceeds to be realised from the realisation of the remaining Novated Assets; and (iv) The distribution of the proceeds from the liquidation of the SPV, and the distribution of the Debt Settlement Shares and the Cash Settlement, shall be in full and final settlement of the entire existing obligations of the Group to its creditors, contingent or otherwise. The settlement to the Scheme Creditors will be subjected to the approvals of Bursa and the shareholders of BGB, and the successful implementation of a regularisation plan under PN17.” The Company would also like to highlight that the terms of the Proposed Debt Settlement are subject to such changes as the requisite majority creditors of the Company, Bursa, the Principal Adviser of the Company to be appointed and/or the shareholders of BGB may require, as part of the conditions for their approvals.  If so, the Company shall seek the consent of the affected parties accordingly. This announcement is dated 9 January 2013.

icy97

嘉年建筑1·29 开债权人会议

财经新闻 财经  2013-01-16 12:33
（吉隆坡15日讯）嘉年建筑（BGyear，7023，主板建筑股）表示，计划本月29日于召开债权人会议。

嘉年建筑透过文告表示，上述债务解决方案会议将于八打灵再也市议会（MPPJ）图书馆、上午11时举行。

去年12月，嘉年建筑向马交所报备，董事部接获负责财务支付账户的高级总经理通知，集团有一笔总值2960万令吉的工程款不能向客户收款进而需由集团负担，冲击股东权益。[南洋财经]

BINA GOODYEAR BERHAD

Type	Announcement
Subject	OTHERS
Description	BINA GOODYEAR BERHAD (“BGB” OR “COMPANY”) PROPOSED DEBT SETTLEMENT OF BGB GROUP (“PDS”)
Further to the Company’s announcement on 9 January 2013, the Board of Directors of BGB wishes to announce that the Company intends to hold a Court Convened Meeting for the creditors of the Company at Dewan Ilmu, Perpustakaan MPPJ, Lot 389, Jalan Selangor, Seksyen 3, 46050 Petaling Jaya on 29 January 2013 at 11.00 a.m., for the purpose of, considering and if thought fit, approving (with or without modification), the Proposed Debt Settlement to be implemented via Proposed Scheme of Arrangement, pursuant to Section 176 of the Companies Act, 1965. This announcement is dated 15 January 2013.

Attachments BGYEAR - Notice of Intention to call CCM.pdf

icy97

icy97 发表于 15-1-2013 09:41 AM
嘉年建筑1·29 开债权人会议

财经新闻 财经  2013-01-16 12:33

BINA GOODYEAR BERHAD

Type	Announcement
Subject	OTHERS
Description	BINA GOODYEAR BERHAD (“BGB” OR “COMPANY”) PROPOSED DEBT SETTLEMENT OF BGB GROUP (“PDS”)
Further to the Company’s announcement on 22 January 2013, the Board of Directors of Bina Goodyear Berhad wishes to announce that the hearing of the Company’s application to the High Court to convene the Court Convened Meeting has been adjourned to 22 February 2013. The Company shall make a further announcement on the above once a decision has been obtained from the High Court on the Company’s application. This announcement is dated 29 January 2013.

icy97

BINA GOODYEAR BERHAD

Type	Announcement
Subject	MATERIAL LITIGATION
Description	Bina Goodyear Berhad (“BGB” or "the Company") Winding-up petition presented by Boon Wah Air-Conditioning Engineering Sdn Bhd - High Court of Malaya at Shah Alam Winding up Petition No. FLJC 28-20-01/2013
The Board of Directors of BGB wishes to announce that there was an advertisement in the New Straits Times newspaper on 20 February 2013 notifying that a winding-up petition has been presented by Boon Wah Air-Conditioning Engineering Sdn Bhd on 21 January 2013 for the winding-up of the Company by the High Court (“the Petition”), and is scheduled to be heard before the High Court at Shah Alam on 23 April 2013, at 9.00 a.m. To date, the Company has not been served with a copy of the Petition and will make the necessary announcements on the Petition as and when the details of the Petition are made available to the Company. This announcement is dated 20 February 2013.

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嘉年建筑寻求法律咨询

财经新闻 财经  2013-02-24 09:12
（八打灵再也23日讯）嘉年建筑（BGyear，7023，主板建筑股）收到PKF咨询私人有限公司发出的调查审计报告后，将寻求法律顾问咨询。

该调查审计报告指出，嘉年建筑截至2012年9月30日的审计财报显示，有一笔源自2012年6月30日将近9000万令吉账目被撤销。[南洋商报财经]

Type	Announcement
Subject	OTHERS
Description	BINA GOODYEAR BERHAD ("BGB" or "The Company") ISSUANCE OF INVESTIGATIVE AUDIT REPORT BY PKF ADVISORY SDN BHD
The current executive directors had joined BGB and its subsidiary and associated companies (“BGB Group”) in December 2011. In an emergency Board of Directors (“BOD”) meeting held on 19 November 2012, the Senior General Manager, Finance in charge of the accounts of the Group informed the BOD that almost RM30 million of the Work-in-Progress (“WIP”) balances is not billable and chargeable to the customers and that the Group would need to make a provision for this amount. Prior to the Emergency BOD meeting held on 19 November 2012, the BOD were not aware of such significant unrecoverable WIP as the Senior General Manager, Finance, had not previously brought this matter to their attention. The Investigative Audit Report was then commissioned by BGB on 19 November 2012, following allegations of, amongst others, irregularities in the Company’s accounts which were brought to the attention of the BOD. THE FINDINGS According to the Investigative Review Report, the key areas of financial irregularities pertaining to the BGB Group identified are as below: 1)         WIP account balances The WIP account balances were found to have included unrecoverable WIP from past projects into the current projects, in accordance with confessions of the Senior General Manager, Finance, thus rendering the reliability of the WIP related financial records as not possible. The analysis of the WIP Schedule confirmed several discrepancies, indicating that the schedule was not prepared in accordance with the percentage of completion method required by the accounting standards and that the figures stated in the WIP Schedule neither correspond to the figures extracted from the GL nor the figures provided by the project staff. These discrepancies were also not highlighted by the external auditors. The profits and operation cash flows also showed a significant disconnect from FYE 2005 to FYE 2008. 2)         Puncak Capai Sdn Bhd (“PCSB”) PCSB is a major supplier of building materials to the BGB Group and was a related party to the BGB Group through the spouse of a previous director of BGB, who was also the director and shareholder of PCSB at the material time. The related party transactions at the time were not disclosed in the Annual Reports or in the Recurrent Related Party Transaction Circulars. Bursa Malaysia Securities Berhad (“Bursa Malaysia”) had enquired into the PCSB transactions in 2011 and a special review was conducted by the internal auditors. The report was provided to Bursa Malaysia in February 2012. Whilst no irregularities were found on PCSB transactions in that items ordered were delivered, it was noted in the special review by the internal auditor, that certain orders were placed with PCSB without price or other comparisons. Our analysis however does not show any direct material benefit arising to the related parties. 3)         Contra Properties It was noted that contra properties sold to Dynamic Reap Sdn Bhd and Lucky Kinetic Sdn Bhd were at a discount from 4.6% to 5.0%. This privilege provided to the 2 shareholders of PCSB was not given to other purchasers, save for 1 transaction with a subcontractor.  We nonetheless note that the discount was not substantial. 4)            Drawdown of Loans with CIMB and Sabah Development Bank These loans are project financing loans for the 5 Stone SS2 and Putrajaya 2C10 projects. The review showed no discrepancies other than a change in the drawdown terms of the Sabah Development Bank  – Putrajaya 2C10 loan whereby BGB had requested to change the drawdown document from subcontractor claims to its own claims to Putrajaya. The bank did not reply but had allowed drawdowns based on BGB’s own claims to Putrajaya. 5)            Advances by Previous Directors The advances amounting to RM14.2 million in aggregate, and disbursed between 15 December 2010 to 5 December 2011, and although they were recorded under the names of Ang Kar Beng @ Ang Chia Liong and Wong Chee Seng were in effect advances from directors. However, other than non-disclosures, no material financial damages to BGB are noted in this connection. FINANCIAL IMPACT OF THE FINDINGS The findings showed that the financial position of the BGB Group as at 30 September 2012 has retracted by near to RM90 million from the audited financial statements as at 30 June 2012. This sum was noted to have arisen mainly from the write off of unrecoverable WIP, impairment of bad debts, additional costs to complete and the provisions for LAD, some of which pertain to prior years and should have been written off in those prior years. NEXT STEPS The Board of Directors will seek the advice of the Company’s legal advisors on the next course of action to be taken.

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SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2012	31/12/2011	31/12/2012	31/12/2011
		$$'000	$$'000	$$'000	$$'000

1	Revenue	51,693	38,107	80,220	68,407
2	Profit/(loss) before tax	-4,775	-1,570	-43,640	-3,028
3	Profit/(loss) for the period	-4,735	-1,614	-95,262	-3,245
4	Profit/(loss) attributable to ordinary equity holders of the parent	-4,735	-1,614	-95,262	-3,245
5	Basic earnings/(loss) per share (Subunit)	-9.31	-3.17	-187.23	-6.38
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 ($$)	-1.3300		0.5400

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嘉年建筑财报差额3000万

财经新闻 财经  2013-02-27 11:16
（吉隆坡26日讯）由嘉年建筑（BGyear，7023，主板建筑股）董事部委托的审计调查委员会发现，嘉年建筑财报有多项差异和漏洞现象。

根据《Malaysian Reserve》报道，负责财务的高级总经理通知，嘉年建筑有一笔总值3000万令吉的工程款未能向客户收款，集团需拨出拨备金负担这笔款项，进而委托审计调查委员会协助审查。

嘉年建筑本月22日向马交所报备，持续进行的工程余额与实际数目不符。

嘉年建筑表示，收到PKF咨询私人有限公司发出的调查审计报告后将咨询法律顾问。

该调查审计报告指出，嘉年建筑截至2012年9月30日的审计财报显示，有一笔源自2012年6月30日将近9000万令吉的账目被取销。[南洋网财经]

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建項目餘款未克收取‧嘉年建築需額外撥備3千萬

大馬  2013-03-08 17:26
（吉隆坡8日訊）嘉年建築（BGYEAR，7023，主板建筑組）稽查報告調查發現，約有3千萬令吉在建項目（Work in Progress）餘款無法向客戶計費和收費，因此集團需為此作出等額撥備。

該公司發文告表示，稽查評估報告顯示，在建項目戶頭餘額發現過往工程出現無法回收的在建項目餘款，主要是進程表出現嚴重的差異，突顯工程進展並未如計劃般順利推進，而2005至2008財政年盈利和營運現金流也出現顯著的差別。

不過，針對Puncak Capai私人有限公司相關人士交易、交叉產業脫售和前董事預支等調查則顯示，並無對財務帶來任何影響。

此外，相關評估報告也顯示，嘉年建築截至2012年9月30日止財務轉況將惡化近9千萬令吉，主要由無法回收的在建項目餘款減記、呆賬減記等影響。

嘉年建築將在尋求公司律師意見後才決定採取下一步行動。

嘉年建築是在2012年11月因2千960萬令吉在建項目無法入賬，須作出相關撥備，導致股東基金低過4千萬令吉，不符合規定而列為PN17公司，同時為確認相關撥備對財務情況的影響，決定委任PKF顧問為特別稽查員來進行特別稽查報告。（星洲日報／財經）

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债务偿还方案获准 嘉年最迟11月呈重组计划

财经新闻 财经  2013-04-04 12:00
（吉隆坡3日讯）PN17公司———嘉年建筑（BGyear，7023，主板建筑股）宣布，在周二召开的法庭召集会议（Court Convened Meeting）成功获得债权人通过债务偿还计划。

因此，11月19日将是该公司呈交重组计划给监管机构的最后限期。

根据该公司发出的文告指出：“根据出席的债券人和代表投票，有关债务偿还计划成功获得超过50%的债权人通过，这也相等于占债务价值超过75%比重。”

债务逾1.1亿

在这项债务偿还计划下，债务总值相等于该公司截至2012年的可变现资产，再加上已调整净账面价值额外的10%。

对此，预计该公司欠下的债务超过1亿1000万令吉，该公司则有4400万令吉的净资产值可偿还给债权人。[南洋网财经]

BINA GOODYEAR BERHAD

Type	Announcement
Subject	OTHERS
Description	BINA GOODYEAR BERHAD (“BGB” OR “COMPANY”) PROPOSED DEBT SETTLEMENT OF BGB GROUP (“PDS”)
Further to the Company’s announcements on 9 January 2013, 15 January 2013, 22 January 2013, 29 January 2013, 22 February 2013 and 13 March 2013, the Board of Directors of BGB wishes to announce that pursuant to the Court Convened Meeting for the creditors held today, Tuesday, 2 April 2013 at Dewan Serbaguna, SS7/28, Kelana Indah, Jalan SS7/28, Kelana Jaya, 47301 Petaling Jaya, Selangor Darul Ehsan,  the Proposed Debt Settlement (with or without modifications) to be implemented via Proposed Scheme of Arrangement, pursuant to Section 176 of the Companies Act, 1965 has been approved by more than 50% in number of the scheme creditors representing more than 75% in value of the scheme creditors present and voting in person or by proxy at the meeting. This announcement is dated 2 April 2013.

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SUMMARY OF KEY FINANCIAL INFORMATION 31/03/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2013	31/03/2012	31/03/2013	31/03/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	3,834	31,642	84,054	100,049
2	Profit/(loss) before tax	-758	-21,674	-44,398	-24,702
3	Profit/(loss) for the period	-855	-21,655	-44,495	-24,900
4	Profit/(loss) attributable to ordinary equity holders of the parent	-6,509	-21,655	-101,771	-24,900
5	Basic earnings/(loss) per share (Subunit)	-12.79	-42.56	-200.02	-48.94
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 ($$)	-1.4600		0.5400

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SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2013	30/06/2012	30/06/2013	30/06/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	0	72,524	84,054	172,573
2	Profit/(loss) before tax	1,111	-13,876	-37,920	-38,578
3	Profit/(loss) for the period	1,225	-13,678	-37,904	-38,578
4	Profit/(loss) attributable to ordinary equity holders of the parent	-27,430	-13,678	-36,034	-38,578
5	Basic earnings/(loss) per share (Subunit)	-51.50	-26.88	-251.53	-75.82
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 ($$)	-1.9700		0.5400