【LOTUS 8303 交流专区】（前名 KFM）

APULA

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)
30/05/2013	31/03/2013	4	31/03/2013	11,615	-1,851	-1,850	-2.84	0.00	0.290
28/02/2013	31/03/2013	3	31/12/2012	12,502	-1,130	-1,129	-1.73	0.00	0.320
27/11/2012	31/03/2013	2	30/09/2012	12,423	-1,182	-1,181	-1.81	0.00	0.330
29/08/2012	31/03/2013	1	30/06/2012	12,273	-1,043	-1,042	-1.60	0.00	0.350
30/05/2012	31/03/2012	4	31/03/2012	12,690	-2,210	-2,210	-4.02	0.00	0.370
28/02/2012	31/03/2012	3	31/12/2011	14,414	-2,473	-2,473	-4.76	0.00	0.400

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=K&securityCode=8303

公司官网：http://www.kfmb.com.my/

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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	10,971	12,273	10,971	12,273
2	Profit/(loss) before tax	-1,473	-1,043	-1,473	-1,043
3	Profit/(loss) for the period	-1,473	-1,043	-1,473	-1,043
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,473	-1,042	-1,473	-1,042
5	Basic earnings/(loss) per share (Subunit)	-2.26	-1.60	-2.26	-1.60
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 ($$)	0.2700		0.2900

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SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2013	30/09/2012	30/09/2013	30/09/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	9,850	12,423	20,821	24,696
2	Profit/(loss) before tax	-1,903	-1,182	-3,376	-2,225
3	Profit/(loss) for the period	-1,903	-1,182	-3,376	-2,225
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,903	-1,181	-3,376	-2,224
5	Basic earnings/(loss) per share (Subunit)	-2.92	-1.81	-5.18	-3.41
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.2400		0.2900

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KUANTAN FLOUR MILLS BHD

Date of change	09/12/2013
Name	Tan Sri Mohamed Bin Ngah Said
Age	75
Nationality	Malaysian
Type of change	Demised
Designation	Chairman & Director
Directorate	Non Independent & Non Executive
Qualifications	1. Royal Military College in Malaysia 2. Royal Military Academy in Sandhurst
Working experience and occupation	1. Joined the Royal Malaysian Air Force in 1958 2. Retired as the Chief of the Royal Malaysian Air Force after 30 years

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Notice of Person Ceasing (29C)

KUANTAN FLOUR MILLS BHD

Particulars of substantial Securities Holder

Name	TAN BOON KIAT
Address	NO.36 JALAN USJ 2/5K UEP SUBANG JAYA 47610 SUBANG JAYA SELANGOR
NRIC/Passport No/Company No.	560925-01-5585
Nationality/Country of incorporation	MALAYSIAN
Descriptions (Class & nominal value)	ORDINARY SHARES OF RM0.50 EACH
Date of cessation	06/12/2013
Name & address of registered holder	AMSEC NOMINEES ( TEMPATAN ) SDN BHD (Pledged Securities Account for Tan Boon Kiat) 15th Floor, Bangunan Ambank Group 55 Jalan Raja Chulan 50200 Kuala Lumpur
Currency	Malaysian Ringgit (MYR)
Number of securities disposed	2,194,600
Price Transacted ($$)
Circumstances by reason of which a person ceases to be a substantial securities Holder	DISPOSAL IN THE OPEN MARKET
Nature of interest	Direct
Date of notice	13/12/2013

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Notice of Interest Sub. S-hldr (29A)

KUANTAN FLOUR MILLS BHD

Particulars of Substantial Securities Holder

Name	PHD INVESTMENTS LTD
Address	P.O.BOX 438 ROAD TOWN, BRITISH VIRGIN ISLANDS
NRIC/Passport No/Company No.	306814
Nationality/Country of incorporation	BRITISH VIRGIN ISLANDS
Descriptions (Class & nominal value)	ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holder	HSBC Nominees (Asing) Sdn Bhd Exempt An for BNP Paribas Wealth Management Singapore Branch ( A/C Clients-FGN) No.2, Leboh Ampang 50100 Kuala Lumpur

Date interest acquired & no of securities acquired
Currency	Malaysian Ringgit (MYR)
Date interest acquired	06/12/2013
No of securities	2,498,900
Circumstances by reason of which Securities Holder has interest	Acquisition from open market
Nature of interest	Direct
Price Transacted ($$)
Total no of securities after change
Direct (units)	3,404,650
Direct (%)	5.23
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice	13/12/2013

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Acquired	09/12/2013	700,000
Acquired	10/12/2013	1,300,000

Circumstances by reason of which change has occurred	ACQUISITION FROM OPEN MARKET
Nature of interest	DIRECT
Direct (units)	5,404,650
Direct (%)	8.3
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	5,404,650
Date of notice	13/12/2013

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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	10,882	12,502	31,703	37,198
2	Profit/(loss) before tax	-1,494	-1,130	-4,870	-3,356
3	Profit/(loss) for the period	-1,494	-1,130	-4,870	-3,356
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,494	-1,129	-4,870	-3,355
5	Basic earnings/(loss) per share (Subunit)	-2.29	-1.73	-7.48	-5.15
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 ($$)	0.2100		0.2900

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關丹麵粉 建議私下配售651萬股

企業財經19 Mar 2014 23:00
（吉隆坡19日訊）關丹麵粉（KFM，8303，主要板消費）建議私下配售651萬股新股，籌資額介于332萬令吉至451萬令吉，但目前發售價未定。

該公司向馬證交所報備指出，將發行651萬4600股新股，相等于現有股本6514萬6584股的10%。

文告指出，若以參考發售價51仙估計，此次計劃籌資額介于332萬2446令吉至451萬4979令吉之間。

“籌資所得將用作營運資本，余下則充計劃經費。”

該公司指出，考慮多項籌資方式后決定採用私下配售籌資，在沒有太多額外成本的前提下獲得營運資金。

另外，該公司亦指出，此舉有助強化股東基金；整項計劃預計首季內完成。

“計劃完成后，該公司股本規模將擴大至8852萬9010股或總值4426萬4505令吉，負債率從0.07倍稍減至0.06倍。”【中国报财经】

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	KUANTAN FLOUR MILLS BERHAD (“KFM” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.50 EACH IN KFM (“PLACEMENT SHARES”) REPRESENTING UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF KFM (“PROPOSED PLACEMENT”)
On behalf of the Board of Directors of KFM (“Board”), AFFIN Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposed Placement to investors to be identified at an issue price to be determined and announced by the Board at a later date. Please refer to the attachment for further details of the Proposed Placement. This announcement is dated 19 March 2014. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1569949

Attachments Proposed Placement.pdf

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KUANTAN FLOUR MILLS BHD

Particulars of substantial Securities Holder

Name	NEO KIM HOCK
Address	NO.8 Lorong Rahim Kajai 14 Taman Tun Dr Ismail 60000 Kuala Lumpur Wilayah Persekutuan
NRIC/Passport No/Company No.	480128-01-5179
Nationality/Country of incorporation	MALAYSIAN
Descriptions (Class & nominal value)	ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holder	HSBC NOMINEES (ASING ) SDN BHD NO.2 LEBOH AMPANG, 50100 W.P.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Date of change	No of securities	Price Transacted (RM)
Disposed	12/03/2014	1,937,250

Circumstances by reason of which change has occurred	Terminate of Sale & Purchase Agreement due to Purchaser default on 12/3/2014.
Nature of interest	DIRECT
Direct (units)	9,361,750
Direct (%)	14.37
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	9,361,750
Date of notice	19/03/2014

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Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	KUANTAN FLOUR MILLS BERHAD (“KFM” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.50 EACH IN KFM (“PLACEMENT SHARES”) REPRESENTING UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF KFM (“PROPOSED PLACEMENT”)
Reference is made to the earlier announcements in relation to the Proposed Placement. On behalf of the Board of Directors of KFM, AFFIN Investment Bank Berhad wishes to provide additional information in relation to the Proposed Placement as set out in the attachment. This announcement is dated 8 May 2014. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1617757

Attachments KFM Proposed Placement - Additional information.pdf

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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
		31/03/2014	31/03/2013	31/03/2014	31/03/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	9,952	11,615	41,655	48,813
2	Profit/(loss) before tax	2,677	-1,851	-2,193	-5,206
3	Profit/(loss) for the period	2,677	-1,851	-2,193	-5,206
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,677	-1,850	-2,193	-5,205
5	Basic earnings/(loss) per share (Subunit)	4.11	-2.84	-3.37	-7.99
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 ($$)	0.2500		0.2900

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Date of change	20/08/2014
Name	Kushairi Bin Zaidel
Age	56
Nationality	Malaysian
Type of change	Redesignation
Previous Position	Director
New Position	Chairman & Director
Directorate	Independent & Non Executive
Qualifications	Bachelor of Business ( Accountancy) University of South Australia CPA ( Australia ) Associate Institute of Chartered Secretaries & Adminstrators (UK) ACIS
Working experience and occupation	1986-1988 Arthur Andersen 1988-1992 Borneo Development Corporation Sdn Bhd - Financial Controller 1993-1994 Borneo Development Corporation ( Sarawak ) Sdn Bhd -Deputy General Manager 1995- todate Pursuing business endeavors

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	9,693	10,971	9,693	10,971
2	Profit/(loss) before tax	488	-1,473	488	-1,473
3	Profit/(loss) for the period	488	-1,473	488	-1,473
4	Profit/(loss) attributable to ordinary equity holders of the parent	488	-1,473	488	-1,473
5	Basic earnings/(loss) per share (Subunit)	0.75	-2.26	0.75	-2.26
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 ($$)	0.2600		0.2500

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icy97 发表于 9-5-2014 04:55 AM

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	KUANTAN FLOUR MILLS BERHAD (“KFM” OR THE “COMPANY”) PLACEMENT OF NEW ORDINARY SHARES OF RM0.50 EACH IN KFM (“PLACEMENT SHARES”) REPRESENTING UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF KFM (“PLACEMENT”)
We refer to the earlier announcements in relation to the Placement. On behalf of the Board of Directors of KFM, AFFIN Hwang Investment Bank Berhad (formerly known as HwangDBS Investment Bank Berhad) wishes to announce that the approval of Bursa Malaysia Securities Berhad vide its letter dated 9 May 2014 for the listing of and quotation for up to 8,852,900 Placement Shares to be issued pursuant to the Placement has lapsed on 9 November 2014. The Company will not be seeking an extension of time nor pursuing the implementation of the Placement at this point in time. This announcement is dated 10 November 2014.

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SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2014	30/09/2013	30/09/2014	30/09/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	8,271	9,850	17,964	20,821
2	Profit/(loss) before tax	-1,747	-1,903	-1,259	-3,376
3	Profit/(loss) for the period	-1,747	-1,903	-1,259	-3,376
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,747	-1,903	-1,259	-3,376
5	Basic earnings/(loss) per share (Subunit)	-2.66	-2.92	-1.92	-5.18
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.2400		0.2500

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倒置收购关丹麵粉　NEP钻石能量水上市

财经  2015年01月21日
（吉隆坡21日讯）关丹麵粉（KFM，8303，主板消费股）宣布，与NEP控股（马）有限公司与林进活签署意向协议（HOA），通过倒置收购活动，將上市地位转给从事钻石能量水机业务的NEP控股。

该公司今日下午作出这项公佈，配合这项协议，关丹麵粉將进行系列的企业活动，首先该公司將削减股票面值，以抵销公司的累积亏损。

然后，成立一家新公司（简称NewCo）以执行换股行动，即以1对1比例，將现有的股票转换为NewCo的新股，另外，以2对1比例，让持有关丹麵粉现有每2股股票的股东，获得1单位NewCo凭单。

公司也建议，將关丹麵粉现有的凭单，以1换1的比例，转为NewCo的凭单。

在完成换股行动之后，NewCo將通过发股收购NEP控股所有或相等於100万4804股，每股面值1令吉的普通股票，以及1000股A股，收购价待定。

NewCo將以股票附送凭单支付这项收购。Newco將以每股0.45令吉的价格发行新股，同时每3股NewCo新股將附送1单位NewCo凭单。

完成收购之后，卖方將会把部份的股票，配售给特定人士。

最终，关丹麵粉將转移上市地位给NewCo，NewCo股票及凭单將申请上市。

这项企业建议將导致卖方林进活成为NewCo的控制性股东，持有超过33%股权。

因此，根据条例，他必须对Newco其他的股票进行强制性全面献购，卖方將寻求豁免全面收购。

关丹麵粉也在文告中指出，受到麵粉价格低迷，小麦价格波动等负面衝击，公司在过去5个財政年，营业额持续下滑，並面对亏损。

盼改善长期前景

鑑於核心业务疲弱的表现，该公司持续寻求投资在合適的新业务，以改善长期的前景。这项收购將让该公司的股东涉足NEP控股的过滤水业务。

配合这项宣布，该公司从週三（21日）下午3时51分起暂停交易，并將在週四（22日）早上9时復牌。

该股週三（21日）以0.44令吉开盘，在暂停交易前收报0.45令吉，成交量达22万零100股。【东方网财经】

Type	Announcement
Subject	OTHERS
Description	KUANTAN FLOUR MILLS BERHAD ("KFM" OR THE "COMPANY") HEADS OF AGREEMENT IN RELATION TO THE PROPOSED REVERSE TAKE-OVER OF KFM BY NEP HOLDINGS (MALAYSIA) BERHAD (“NEP”)
On behalf of the Board of Directors of KFM, AFFIN Hwang Investment Bank Berhad (formerly known as HwangDBS Investment Bank Berhad) wishes to announce that the Company had on 21 January 2015 entered into a heads of agreement with Lim Chang Huat. Please refer to the attached announcement for further details on the above. This announcement is dated 21 January 2015. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1857461

Attachments KFM - Announcement on HOA (21 Jan 2015).pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2014

		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	5,214	10,882	23,178	31,703
2	Profit/(loss) before tax	-1,900	-1,494	-3,159	-4,870
3	Profit/(loss) for the period	-1,900	-1,494	-3,159	-4,870
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,900	-1,494	-3,159	-4,870
5	Basic earnings/(loss) per share (Subunit)	-2.87	-2.29	-4.77	-7.48
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 ($$)	0.2200		0.2500

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关丹面粉厂遭索偿595万

财经新闻 财经  2015-03-19 14:55
（吉隆坡18日讯）关丹面粉厂（KFM，8303，主板消费产品股）披露，遭LH亚洲贸易融资基金公司追索161万5075美元（595万9627令吉）。

根据文告，这笔款项为LH公司提供予关丹面粉厂的贸易融资便利和利息，后者也已委派律师抗辩。【南洋网财经】

Type	Announcement
Subject	MATERIAL LITIGATION
Description	KUANTAN FLOUR MILLS BERHAD ("the Company" or "KFM") - RECEIVED A WRIT OF SUMMONS AND STATEMENT OF CLAIM FROM LH ASIAN TRADE FINANCE FUND LTD (“LH”).
On behalf of the Board of Directors of KFM, we wish to inform that the Company has on 17th March 2015 received via its solicitors, Messrs. Krish Maniam & Co., a Writ of Summons and Statement of Claim both dated 3rd March 2015 filed by LH Asian Trade Finance Fund Ltd via its solicitor Skrine & Co claiming a sum of USD1,615,074.95 together with interest thereon with reference to the various trade finance facilities granted to KFM. 2.  KFM has appointed Messrs. Krish Maniam & Co to act as solicitor for the Company to defend the above claim. 3. The Company does not expect any loss arising from this claim other than legal and interest cost.   This announcement is dated 17 March 2015.

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NEP 倒置收购关丹面粉厂告吹

财经新闻 财经  2015-03-21 11:15
（吉隆坡20日讯）NEP控股建议倒置收购关丹面粉厂（KFM，8303，主板消费产品股）计划告吹，因双方均无法在限期前履行决定性条约（Definitive Agreements）。

根据双方于1月签署的暂定协议（HOA），彼此必须在两个月内履行相关条约，或同时同意延长期限。

关丹面粉厂向马交所报备，双方无意寻求延长期限，因此暂定协议将随着期限到达而取消。

该公司指出，董事部已确认目前的财务状况，并将继续寻找新的商业投资计划，借此改善公司的长期获利。

在1月21日时，关丹面粉厂宣布与NEP控股掌舵人林进活签署协议，计划为倒置收购进行一连串的企业活动。

当中，包括削减公司股票面值来筹资偿还累计欠债，以及成立新公司并发售新股和凭单。

在该合约下，关丹面粉厂股东可用现有的股票和凭单，以一对一的方式，交换新公司的新股和凭单。同时，股东也可以每两股，享有额外1张新公司的凭单。【南洋网财经】

Type	Announcement
Subject	OTHERS
Description	KUANTAN FLOUR MILLS BERHAD (“KFM” OR THE “COMPANY”) HEADS OF AGREEMENT IN RELATION TO THE PROPOSED REVERSE TAKE-OVER OF KFM BY NEP HOLDINGS (MALAYSIA) BERHAD (“NEP”) (“HOA”)
Reference is made to the Company’s announcement dated 21 January 2015 in relation to the above (“Announcement”). Unless otherwise defined, all the abbreviations and definitions used in this announcement shall have the same meaning as the words and expressions used in the Announcement. As stated in the Announcement, both Parties had agreed to procure the relevant parties to execute the Definitive Agreement no later than 2 months from the date of the HOA or such other date as the Parties may agree in writing. Subsequent to the above, the final date to execute the Definitive Agreement shall be on 20 March 2015. Consequently, both Parties had mutually agreed not to seek for an extension of time to execute the Definitive Agreement. Therefore, in accordance with the terms of the HOA, the HOA shall terminate on 20 March 2015, being the date of this announcement. The Board of Directors of KFM acknowledges the current financial position of KFM and will continue to actively identify new business ventures or assets to improve the financial performance of KFM in the long term. Any material developments pertaining to this initiative will be announced in due course in accordance with the relevant guidelines issued by the relevant authorities. This announcement is dated 20 March 2015.

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Type	Announcement
Subject	OTHERS
Description	KUANTAN FLOUR MILLS BERHAD (“KFM” OR THE “COMPANY”) HEADS OF AGREEMENT IN RELATION TO THE PROPOSED REVERSE TAKE-OVER OF KFM BY NEP HOLDINGS (MALAYSIA) BERHAD (“NEP”) (“HOA”)
Reference is made to the earlier announcements on the above. Unless otherwise defined, all the abbreviations and definitions used in this announcement shall have the same meaning as the words and expressions used in the announcement dated 21 January 2015. The Company wishes to provide additional information in respect of the announcement dated 20 March 2015 pertaining to KFM and NEP mutually agreeing not to seek an extension of time to execute the Definitive Agreement. The Parties have mutually agreed not to extend the HOA which had resulted in the HOA being terminated on 20 March 2015 (in accordance with the terms of the HOA) in view of, amongst others, the Writ of Summons and Statement of Claim (both dated 3 March 2015) that were filed by LH Asian Trade Finance Fund Ltd (via its solicitors) claiming a sum of approximately USD1.62 million (together with interest thereon) for the various trade finance facilities granted to KFM. Please refer to the Company’s announcement dated 17 March 2015 for further details on the aforesaid claim. Following the mutual termination of the HOA, the Parties will not be pursuing or taking any legal action against each other. The termination of the HOA is not expected to have a material effect on the earnings per share and net asset per share of the Company for the financial year ending 31 March 2015. The Company will incur direct expenses in connection with the signing of the HOA and up to the Final Date. This announcement is dated 24 March 2015.