【AGX 0299 交流专区】

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Type	Announcement
Subject	OTHERS
Description	AGX GROUP BERHAD (AGX or THE COMPANY)- ACQUISITION OF A 30% EQUITY INTEREST IN AGX LOGISTICS (THAILAND) CO., LTD. (FORMERLY KNOWN AS JK FREIGHT GLOBAL CO., LTD.)
The Board of Directors (“Board”) of AGX wishes to announce that the Company had on 16 July 2024 entered into a shareholders’ agreement with Kongsak Chakornviroj and Phetdavanh Phatsalouphon (“the Parties”) for the acquisition of 6,000 shares representing 30% equity interest in AGX Logistics (Thailand) Co., Ltd. (Formerly known as JK Freight Global Co., Ltd.) (Company Registration No. 0105567071204) (“AGX Thailand”) for a total cash consideration of THB600,000 (approximately equivalent to RM77,000) (“Purchase Consideration”) (“Acquisition”). The shareholders’ agreement sets out the financial, managerial, administrative and other arrangements agreed between the parties in relation to their participation in AGX Thailand and the manner in which the affairs of AGX Thailand will be regulated. Please refer to the attachment for details of the announcement. This announcement is dated 31 July 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3469702

Attachments AGX - Investment in Thailand.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2024	30 Jun 2023	30 Jun 2024	30 Jun 2023
		$$'000	$$'000	$$'000	$$'000

1	Revenue	55,797	0	105,215	0
2	Profit/(loss) before tax	3,823	0	4,212	0
3	Profit/(loss) for the period	2,968	0	3,006	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,025	0	3,097	0
5	Basic earnings/(loss) per share (Subunit)	0.70	0.00	0.72	0.00
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 ($$)	0.1900		0.1200