【RESINTC 7232 交流专区】立新工业

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	RESINTECH ("RESINTECH" OR "THE COMPANY") - SHARE SALE AND PURCHASE AGREEMENT IN RELATION TO THE PROPOSED ACQUISITION OF 100% OF THE TOTAL ISSUED AND PAID-UP CAPITAL OF FORWARD METAL WORKS SDN. BHD.
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the announcement dated 1 April 2024 in relation to the Proposed Acquisition) Reference is made to the announcement dated 1 April 2024. The Board of Directors of Resintech Berhad (“Resintech” or “the Company”) wishes to announce the following additional information relating to the Proposed Acquisition:- (a) Pursuant to the Agreement, the Purchase Price will be satisfied in the following manner:-     (i)   RM107,800 being 2% deposit of the Purchase Price paid on 9 February 2024.     (ii)  RM431,200 being 8% deposit of the Purchase Price paid on 11 March 2024.     (iii) The balance of RM4,851,000 being 90% of the Purchase Price (“the Balance”) shall be fully paid to Fornix within thirty (30) days from the                date of the Agreement, upon receipt of all documents and items referred to in clause 4.1(2)(a) of the Agreement.           In the event the Company is unable to settle the Balance within the stipulated time mentioned above, Fornix agrees to grant to the Company              an extension of thirty (30) days from the expiry of the stipulated time to settle the Balance at an accrued interest of 8% per annum. (b) The Company is planning to capture more markets in Sarawak. During the financial year ended 31 March 2024, the Group increased its operation capacity in Sarawak. A 5-minute drive from the Group’s current facility, the Property’s location of approximately 2km will help streamline business expansion and daily operations monitoring while also saving management time. (c) The Purchase Price is arrived at based on a willing buyer-willing seller basis, after taking into consideration the suitability of the Property in terms of its size, accessibility, readiness and strategic location of the Property. The Property is in a ready-to-move in state, with furnished office and production and warehouse areas ready. The Company had been searching for a new location for a few months during which time it also verified the Property’s value with valuers and real estate brokers in Sarawak. The Board, after having considered all aspects of the above, is of the opinion that the Purchase Price is fair, reasonable and on normal commercial terms. This announcement is dated 3 April 2024

icy97

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	28,602	25,153	28,602	25,153
2	Profit/(loss) before tax	2,393	1,839	2,393	1,839
3	Profit/(loss) for the period	1,849	1,310	1,849	1,310
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,849	1,310	1,849	1,310
5	Basic earnings/(loss) per share (Subunit)	0.95	0.67	0.95	0.67
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 ($$)	0.9383		0.9276

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	SUBSCRIPTION AGREEMENT ENTERED INTO BETWEEN THE COMPANY, JOHAN PANGLIMA (M) SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY AND C N H GROUP SDN. BHD.
The Board of Directors of Resintech Berhad (“Resintech” or “the Company”) wishes to announce that Johan Panglima (M) Sdn. Bhd. (“Johan Panglima”), a wholly owned subsidiary of the Company had on 9 September 2024, entered into the following transactions: (a) Subscription Agreement with C N H Group Sdn. Bhd. (“C N H Group” or “Investor”) and Resintech, for the following proposed subscription of a total 2,000,000 new ordinary shares at an issue price of RM1.00 per ordinary share (“New Shares”): Descriptions (in Johan Panglima) Resintech C N H Group Subscription of Ordinary Shares 200,000 1,800,000 The New Shares represent 50% equity interest in the enlarged issued and paid-up share capital of Johan Panglima (“Subscription Shares”) for a total cash consideration of RM2,000,000 (“Subscription Consideration”) (“Proposed Subscription”) Parties will jointly develop the Land into a Mixed Development (“Proposed Development”). (In regard to the details of the Land, please refer to the item 2.2 of the Proposed Subscription Announcement and the item 2.3 of the Tenancy Agreement Announcement) (b) Tenancy Agreement with Concepts ATC Sdn. Bhd. (“Concepts ATC” or “the Tenant”) to record Johan Panglima's consent to let and Concepts ATC's consent to rent all that three (3) Blocks of Buildings consist of 158 units of hostel and four (4) units of Retail Shops including one (1) canteen and other facilities (“Mixed Development”) to be built on a portion of Land, for the purpose of as hostel and accommodation place for workers only (“Tenancy Agreement") subject to the completion of the Proposed Development. The details of the tenancy Agreement was disclosed in a separate announcement released today. Please refer to the attachment for the details of the Subscription Agreement. This announcement is dated 9 September 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482344

Attachments RB-Announcement-Subscription Agreement (9.9.2024).pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	TENANCY AGREEMENT BETWEEN JOHAN PANGLIMA (M) SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY AND CONCEPTS ATC SDN. BHD.
The Board of Directors of Resintech Berhad (“Resintech” or “the Company”) wishes to announce that Johan Panglima (M) Sdn. Bhd. ("Johan Panglima"), a wholly owned subsidiary of the Company had on 9 September 2024, entered into the following transactions: a) ​Subscription Agreement with C N H Group Sdn. Bhd. (“C N H Group” or “Investor”) and Resintech, for the following proposed subscription of a total 2,000,000 new ordinary shares at an issue price of RM1.00 per ordinary share (“New Shares”): Descriptions (in Johan Panglima) Resintech C N H Group Subscription of Ordinary Shares 200,000 1,800,000 The New Shares represent 50% equity interest in the enlarged issued and paid-up share capital of Johan Panglima (“Subscription Shares”) for a total cash consideration of RM2,000,000 (“Subscription Consideration”) (“Proposed Subscription”). Parties will jointly develop the Land into a Mixed Development (“Proposed Development”). (In regard to the details of the Land, please refer to item 2.2 of the Proposed Subscription Announcement and the item 2.3 of the Tenancy Agreement Announcement) b) Tenancy Agreement with Concepts ATC Sdn. Bhd. (“Concepts ATC” or “the Tenant”) to record Johan Panglima's consent to let and Concepts ATC's consent to rent all that three (3) Blocks of Buildings consist of 158 units of hostel and four (4) units of Retail Shops, including one (1) canteen and other facilities (“Mixed Development”) to be built on a portion of Land, for as hostel and accommodation place for workers only (“the Tenancy Agreement”), subject to the completion of the Proposed Development. The details of the Proposed Subscription were disclosed in a separate announcement released today. Please refer to the attachment for the details of the Tenancy Agreement. This announcement is dated 9 September 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482348

Attachments RB - Announcement - Tenancy Agreement (9.9.2024).pdf

icy97

Type	Announcement
Subject	OTHERS
Description	SHAREHOLDERS AGREEMENT ENTERED INTO BETWEEN RESINTECH BERHAD (THE COMPANY OR RESINTECH), JOHAN INTAN SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY AND SEDC ENERGY SDN. BHD. FOLLOWING THE MEMORANDUM OF UNDERSTANDING DATED 15 JUNE 2023
The Board of Directors of Resintech Berhad (“Resintech” or “the Company”) wishes to announce that, following the Memorandum of Understanding dated 15 June 2023 signed by Resintech Plastics (Sarawak) Sdn. Bhd., a wholly owned subsidiary of the Company and SEDC Energy Sdn. Bhd. (“SEDCE”), the Company had on 14 September 2024 entered into a Shareholders Agreement (“SH Agreement”) with Johan Intan Sdn. Bhd., a wholly owned subsidiary of the Company (“Johan Intan”) and SEDC Energy Sdn. Bhd. (“SEDCE”), forming a joint venture arrangement to jointly undertake the trading of industrial plastics products in Sarawak (“Proposed Joint Venture”).   (Resintech and SEDCE are collectively referred to as the “Parties” and individually as a “Party”.) Further details of the SH Agreement are set out in the ensuing sections of this announcement.   This announcement is dated 17 September 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3484088

Attachments RB - Announcement - Shareholders Agreement with SEDC (17.9.24).pdf