【BENALEC 5190 交流专区】宏洋控股

icy97

Date of change	14 Oct 2016
Name	MR LIM SZE YEAN
Age	44
Gender	Male
Nationality	Malaysia
Type of change	Resignation
Designation	Chief Financial Officer
Reason	To pursue other career opportunities.
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No
Qualifications	(1) Chartered Accountant with the Malaysia Institute of Accountants(2) Fellow member of the Association of Chartered Certified Accountants (ACCA)(3) Master of Business Administration from Rutherford University
Working experience and occupation	Mr Lim started his career in 1996 with an audit firm and in 1999 joined a public listed company. He was promoted as Group Finance General Manager in July 2003 and was responsible for handling the group financial costing, internal control including overseeing the company's business growth.In September 2005, he was re-designated as Group Finance Director and assisted in the planning of bond and equity raising for the Group. He has over 15 years of experience in various areas of finance including corporate finance, internal controls and risk management.

雷克斯R

victor765 发表于 29-8-2016 02:04 AM
会飞吗？

挖到寶了

victor765

雷克斯R 发表于 16-10-2016 10:02 PM
挖到寶了

买0.485现在0.39

雷克斯R

victor765 发表于 17-10-2016 08:31 PM
买0.485现在0.39

不怕, 基本面好

pikagang

石沉大海
没起色

雷克斯R

等第三季業績報告

i2cool

迈向30仙大关....

icy97

icy97 发表于 15-4-2015 03:16 AM

丹绒比艾供电基建
宏洋与Pestech协议失效

2016年10月30日
（吉隆坡29日讯）宏洋控股（BENALEC，5190，主板建筑股）与Pestech国际（PESTECH，5219，主板贸服股）针对柔佛笨珍丹绒比艾（Tanjung Piai）综合石油与海事工业园，兴建供电基建的了解备忘录失效。

2公司昨日纷纷向马交所报备，由于无法达就合作条件达成协议，也无意延长了解备忘录时效，因此宣布终止合作。

宏洋控股于去年4月，与Pestech国际签署了相关备忘录。 宏洋控股的综合石油与海事工业园计划占地3485英亩，将发展成大型综合石油、石化、海事领域，及其他油气相关服务的工业园。

因此，宏洋控股当时透过间接子公司丹绒比艾海事工业，与Pestech国际，签署备忘录，合作探讨兴建供电基建。

根据双方文告，2公司指出，备忘录终止对双方财务都没有影响。

同时，宏洋控股子公司丹绒比艾海事工业，也会为该工业园，另寻其他供电来源。

今年8月，宏洋控股也宣布和实康（SALCON，8567，主板贸服股），针对上述工业园的水供和排水处理基建计划谅解备忘录告吹。【e南洋】

ype	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	BENALEC HOLDINGS BERHAD ("BENALEC" OR "THE COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") WITH PESTECH SDN BHD ("PESTECH")
Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the announcements dated 14 April 2015, 14 July 2015, 15 October 2015, 15 January 2016, 15 April 2016 and 15 July 2016 in relation to the MOU for the exclusive exploratory efforts in the establishment of power supply infrastructure to the Tanjung Piai Integrated Petroleum and Maritime Industrial Park (“TPIPMIP”), Mukim Serkat, Daerah Pontian, Johor Darul Takzim. Pursuant to the MOU, Benalec and Pestech agreed to explore the feasibility for Tanjung Piai Maritime Industrial Sdn Bhd (“TPMISB”), a wholly-owned subsidiary of Benalec Sdn Bhd, which in turn is a wholly-owned subsidiary of Benalec, to design, build and operate the infrastructure for power supply at TPIPMIP under the Independent Distribution License (“IDL”) scheme. The basis of discussion pertaining to the MOU was intended to comprise the extension of assistance by Pestech to TPMISB in the application of IDL, to undertake full turnkey construction of infrastructure and internal electric power reticulation systems, as well as the maintenance of all installation post construction, amongst other things. In view of the feasibility studies done by TPMISB, it has been concluded that the IDL model is not preferred for the development of TPIPMIP. Therefore, TPMISB is currently in the midst of exploring other avenues of power supply establishment for TPIPMIP. Pursuant thereto, the Parties have no intention of extending the validity of the MOU and the Board of Directors wishes to announce that the MOU has now lapsed. There is no financial impact and obligation on the Company. This announcement is dated 28 October 2016.

pikagang

又失效又告吹

雷克斯R

新低

icy97

宏洋偕CeTeau Malaysia
联营提供专业土工技术

2016年11月25日
（吉隆坡24日讯）宏洋控股（BENALEC，5190，主板建筑股）宣布，独资子公司Benalec 私人有限公司与CeTeau Malaysia私人有限公司成立联营公司。

根据文告，该联营公司称为Benalec CeTeau Malaysia Asia私人有限公司。

建立联营公司的主要目的，是运用专业的土工合成材料工程技术，提供世界级的土质改良方案，当中包括预制竖排水管（PVD）的供应以及安装。

通过结合两家公司的优点，该联营公司将结合双方的专业知识。

预制竖排水管的技术，主要用于缩短软和压缩的粘土或泥土的沉降周期，并减少项目的建筑期限，以及减少后期沉降。

Benalec负责在土地复垦和海岸保护的地区，提供海洋岸工程综合解决方案，而CeTeau Malaysia在地基改良先进技术，以及特殊土工合成材料环境技术方面有专业能力。

持股51:49

宏洋控股将会是联营公司的大股东，持有51%股权，CeTeau Malaysia则持有49%。

宏洋控股执行董事陈肯尼（译音）表示：“通过联营，宏洋控股将从集团本身的土质改良需求中，获得成本效益。同时，在集团的核心能力范围内，通过垂直结合其他协同业务，为集团带来新的营业额。”【e南洋】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	BENALEC HOLDINGS BERHAD ("Benalec" or "the Company") - PROPOSED JOINT VENTURE
The Board of Directors of Benalec wishes to announce that Benalec Sdn Bhd (“BSB”), a wholly-owned subsidiary of Benalec has on entered into a Shareholders’ Agreement (“SHA”) with Ceteau Malaysia Sdn Bhd (121529-M) (“CeTeau M”) to establish a joint venture with the intentions of carrying out the business of installing geo-technical prefabricated vertical drains (“PVD”) for Benalec’s projects in Tanjung Piai Maritime Industrial Park in Mukim Serkat, Daerah Pontian, Johor Darul Takzim (“TPMIP”) and Pengerang Maritime Industrial Park (“PMIP”) in Mukim Pantai Timur, Daerah Kota Tinggi, Johor Darul Takzim (collectively known as “Projects”), by restructuring BSB’s existing wholly-owned subsidiary, Oceanview Project Sdn Bhd (898848-K) (“JV Co”) (“Proposed Joint Venture”). Further details of the Proposed Joint Venture are set out in the attachment hereto. This announcement is dated 24 November 2016.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5269141

Attachments BHB - Ann (Proposed Joint Venture - 24 11 2016).pdf

Type	Announcement
Subject	OTHERS
Description	BENALEC HOLDINGS BERHAD ("Benalec" or "the Company") - PRESS RELEASE: BENALEC AND CETEAU FORM A JOINT VENTURE COMPANY
We are pleased to attach herewith a press release dated 24 November 2016 entitled, "BENALEC AND CETEAU FORM A JOINT VENTURE COMPANY" for your attention. Please refer to the attachment below.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5269133

Attachments Benalec CeTeau JV Press Release (24 11 2016).pdf

pikagang

归功于售地 宏洋控股首季净利暴增356%
By Ahmad Naqib Idris / theedgemarkets.com   | November 29, 2016 : 6:48 PM MYT
http://www.theedgemarkets.com/my/article/归功于售地-宏洋控股首季净利暴增356

（吉隆坡29日讯）营业额走高，激励宏洋控股（Benalec Holdings Bhd）首季净利暴增356%。

截至9月杪的2017财政年首季，净利达562万令吉，或每股0.9仙，相比去年同期的123万令吉，或每股0.2仙。

首季营业额从4404万令吉，增长超过一倍至9966万令吉。

宏洋控股今日向大马交易所报备，在该季度确认售地推高了营业额。行政和其他开销走低，也提振获利。

“尽管经商环境充满挑战，集团仍乐观评估集团未来几年的展望。”

“这是基于已经签署或公开宣布买卖协议的115.79英亩地，将创造约2亿1182万令吉的销售收入。”

宏洋控股补充，在2014年5月获得总值2亿390万令吉的填海合约，尚未被确认为营业额。

该集团表示，填海工程的收入稳定，在2017和2018财年将确认约3亿1490万令吉的营业额。

该集团补充，已经收到环境部（DOE）批准丹绒比艾综合石油与石化枢纽与海事工业园所有3个阶段填海工程的详细环境评估报告。

宏洋控股还获得环境部批准柔佛边佳兰海事工业园的填海和发展工程。

该集团说：“这两个项目预计将推动集团迈入下一个增长水平，使集团能够善用主要在石油与天然气领域下游活动的机会，尽管该领域面对挑战。”

（编译：陈慧珊）

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2016	30 Sep 2015	30 Sep 2016	30 Sep 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	99,659	44,040	99,659	44,040
2	Profit/(loss) before tax	11,961	2,001	11,961	2,001
3	Profit/(loss) for the period	6,186	1,861	6,186	1,861
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,623	1,232	5,623	1,232
5	Basic earnings/(loss) per share (Subunit)	0.90	0.20	0.90	0.20
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.70
		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 ($$)	0.7700		0.7700

新业绩咸鱼翻身
离我的价钱还有一里路。。。

雷克斯R

pikagang 发表于 1-12-2016 10:47 PM
新业绩咸鱼翻身
离我的价钱还有一里路。。。

本來期待會衝上去但又遇到馬幣插水馬股lao sai

icy97

Date of change	20 Jan 2017
Name	MISS LEAW AI LIN
Age	25
Gender	Female
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment
Qualifications	Ms Leaw Ai Lin holds a Bachelor of Science in Accounting and Finance with First Class Honours from the London School of Economics and Political Science (LSE), United Kingdom. She later attended Harvard University's Undergraduate Summer School in Boston, Massachusetts, United States of America, where she completed an undergraduate programme in Corporate Strategy.
Working experience and occupation	Ms Leaw Ai Lin began her career in investment banking as a client coverage banker with Hong Leong Investment Bank ("HLIB") where she participated in structuring and executing M&A transactions in industries such as real estate, property development and oil & gas. During her time at HLIB, she assisted in pitching for and the execution of various corporate exercises involving IPOs, RTOs, equity as well as debt issuances.She later joined Benalec Holdings Berhad ("Benalec" or "the Company") and is currently the Senior Manager of the Corporate Strategy and Business Development departments at Benalec. Her current role consists of planning and establishing the Company's long-term strategic direction, identifying and assessing new synergistic business areas aligned with the Company's core competencies. She is responsible for putting in place and executing these strategies with the aim of adding value and improving the Company's competitive position. Her prior work experience includes placements at AmInvestment Bank (2012), BDO International (2011) and Benalec (2010).
Directorships in public companies and listed issuers (if any)	None
Family relationship with any director and/or major shareholder of the listed issuer	She is the daughter of Dato' Leaw Seng Hai, a Director and substantial shareholder of the Company.
Any conflict of interests that he/she has with the listed issuer	None
Details of any interest in the securities of the listed issuer or its subsidiaries	Deemed interest by virtue of her relationship with Dato' Leaw Seng Hai - Dato' Leaw's direct interests in Oceancove Sdn Bhd (''Oceancove') and indirect interests in Oceancove via Oceanview Cove Sdn. Bhd. ('Oceanview') pursuant to Section 6A of the Companies Act, 1965 in Malaysia
Due Date for MAP	20 May 2017

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2016	31 Dec 2015	31 Dec 2016	31 Dec 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	78,821	79,409	178,480	123,449
2	Profit/(loss) before tax	6,975	8,885	18,936	10,886
3	Profit/(loss) for the period	2,112	6,603	8,298	8,464
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,572	6,485	7,195	7,717
5	Basic earnings/(loss) per share (Subunit)	0.20	0.80	0.90	1.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.70
		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 ($$)	0.7800		0.7700

雷克斯R

爆發了

pikagang

继续上~！

icy97

Name	OCEANCOVE SDN. BHD.
Address	802, 8th Floor Block C, Kelana Square 17, Jalan SS 7/26 Petaling Jaya 47301 Selangor Malaysia.
Company No.	863187-T
Nationality/Country of incorporation	Malaysia
Descriptions (Class & nominal value)	Ordinary shares
Name & address of registered holder	Oceancove Sdn Bhd802, 8th Floor, Block CKelana Square17, Jalan SS 7/2647301 Petaling Jaya

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction	Description of Others	Date of change	No of securities	Price Transacted ($$)
Disposed		13 Mar 2017	47,000,000	0.450

Circumstances by reason of which change has occurred	Disposal of shares via off market
Nature of interest	Direct interest
Direct (units)	334,780,400
Direct (%)	41.89
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	334,780,400
Date of notice	16 Mar 2017

icy97

主打柔两大填海项目．宏洋料时来运转

创办史要追溯至1978年的宏洋控股，是家全方位综合海事建筑公司，创办初先以土木工程业务扎稳根基，后再于90年代初踏进海事建筑领域，并因成功执行艰难的海岸保护工作而声名大噪，慢慢累积声望，成功在海事领域活跃至今。

经多年经营，宏洋如今的业务活动已涵盖填海、海岸保护、海事工程、支援服务、租船、船舰制造与维修、土木工程等，成了经验丰富的全能海事建筑专家。

其业务看似复杂，但各业务实际上都能互相辅助，有协同效应，原理就如同一家建筑公司同时经营产业和建材业务般，这使宏洋拥有很强的海事建筑能力和效率，也利于进度与成本管理，构成其核心竞争力。

过去13年，宏洋一直把焦点放在执行马六甲填海经营权，期间共填出和卖出超过2400英亩土地；在该项目上，宏洋独特之处在于不是收工程费的承包商，而是整个项目的策略发展商，除填海外还肩负了整个填海地区的发展方向，报酬是有权享有大量填海地，成为大地主。

一连拿下柔两大填海计划

鉴于此模式在马六甲大获成功，宏洋于是积极争取复制机会，结果4年前如愿以偿，一连拿下柔佛两大填海计划，震惊市场。

上述两项合计面积达5157英亩的填海项目，规模比宏洋的马六甲填海经营权大一倍以上，除进一步奠定宏洋的领域地位，也确保该公司在往后10至15年里都会很忙碌，宏洋董事部深信这两大计划能带领公司迈入下阶段成长。

鉴于这两项填海项目对宏洋影响深远，也是已知的最大潜在催化剂，故在这里给各位详细解释一下。



填海后获分土地

宏洋在柔佛拿下的填海计划，分别是占地1674英亩的边佳兰海事工业园（PMIP），和占地3485英亩的丹绒比艾海事工业园（TPMIP），两项计划均是配合政府把伊斯干达区打造成综合油气石化枢纽的策略而生，宏洋自资填海后将会获分大部份土地作为报酬，成为两大项目的大地主。

柔王储和白沙罗实业副主席
为子公司策略股东

值得一提的是，宏洋是透过其持股70%的SPEKTRUM KUKUH私人有限公司赢得柔佛填海项目，这家子公司拥有两位来头不小的策略股东，分别是持股21%的柔佛王储东姑依斯迈，和持股9%的阿邦马列，后者是白沙罗实业（DBHD，3484，主板产业组）副主席兼间接大股东。

放眼成为辅助服务行业枢纽的PMIP，地点将位于在全马最大油气与石化枢纽——边佳兰综合石化中心（PIPC）发展蓝图里，距离造价千亿令吉的边佳兰综合炼油及石化发展计划（RAPID）只有6公里远，成型后的PMIP放眼提供储藏，物流，贸易，港口等服务，以期从整个PIPC释出的巨大服务需求中受惠。

TPMIP则坐落于伊斯干达C区，15年发展值估计介于100亿至120亿令吉，距离新加坡裕廊岛约17公里，拥有介于24至30公尺的自然水深，可容纳各类大小船舰，加上位于新加坡，柔佛和马六甲海峡汇合点，放眼从繁忙海运线上攫取增值活动商机，包括上至下游油气业务、辅助行业、造船、物流、货仓等投资，该项目至今已填出超过200英亩土地，且开始招商。

拟与国际业者合资投资储油业务

实际上，宏洋本身就打算与国际知名业者合资投资储油业务，效仿戴乐集团（DIALOG，7277，主板贸服组）般透过出租储藏设施赚取经常性收入，目前正与潜在伙伴洽谈中。

卖地为核心收入
待售资产逾3亿

鉴于持续分得新土地，宏洋资产底蕴非常厚，待转手即可提振业绩表现，加上还有2亿3100万令吉营业额将在这一两年里兑现，短期业绩有一定的保障，能在柔佛填海计划开始贡献前稳住集团业绩。

2.3亿营收两年内兑现

不少投资者以为卖地只是宏洋的一次性收入，并不可持续，但这结论其实有误，因宏洋收入模式和一般公司不同，卖地正是核心收入之一，其原理是宏洋自资填海后会分获大量土地，得脱售套现才能被认列成损益表上的营业额和盈利，故会持续收地和卖地。

以年报资料推算，宏洋目前仍掌握超过300英亩可售地库和多间店屋在手，这些待售资产的账面值超过3亿令吉，实际价值相信更高，毕竟就该公司记账方式而言，土地账面值反映的仅仅是填海成本，并非土地的真正价值，过往记录亦显示宏洋售产时总有盈余。

除账面记载资产，宏洋在马六甲也还有300英亩填海地尚未到手，这亦是潜在收入来源。

业绩虽无惊喜
年年仍有钱赚

如宏洋般的公司，在先进市场里一般会用资产值来估价，这是鉴于其独特业务模式，使成本和收入兑现时机有巨差，短期业绩起伏较大，加上柔佛填海价值尚未释放，本益比估值难以到位，这也是为什么早年追踪宏洋的分析员，多数是以综合估值（SOP）、重估净资产值（RNAV）等着重资产的估值方式来拟定目标价。

股价仅相当于账面值0.68倍

整体看，业绩无大突破是宏洋的这些年的弱点，相信也是股价连跌多年的主要原因之一；然而，宏洋业绩虽无惊喜，最低限度仍是家年年有钱赚的公司，且业绩已连续3个财政年成长，还设有30%官方派息率，上市至今年年派息，资产值年年增加，情况显然还不错。

经多年连跌，宏洋股价目前仅相当于账面值的0.68倍，显示资产正以高折价交易，何况当前账面值还是被低估的，未反映资产市价和柔佛填海项目价值。

最重要的是，刚启动的两大柔佛填海项目才是宏洋未来重头戏，这两项计划潜在价值极深，又落在政府重点发展区内，一旦上了轨道，成功招来相关投资，对宏洋未来业绩和资产值的影响实在难以估量。

未来，若任何一项柔佛填海项目出现重大进展，如找到合作伙伴，引进知名投资者等，预计都会振奋投资情绪，成为催化剂。

到时，或许就是宏洋时来运转之时了。

●声明：股海捞月和股海组合提供的资料只供参考，志在助投资者认识一些不获证券行重视的小型股，和追踪相关股后续表现，不是买卖建议，任何投资决定还请先征询专业股票经纪的意见，盈亏自负。

文章来源：
星洲日报‧投资致富‧股海捞月‧文：李三宇‧2017.04.02

icy97

Date of change	12 May 2017
Name	MR KENNETH CHIN KAH KIONG
Age	43
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Resignation
Reason	To pursue other personal commitments
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No
Qualifications	Member of the Association of Chartered Certified Accountants and Malaysian Institute of Accountants
Working experience and occupation	He began his career as an auditor in Moore Stephens in 1998. In 2001, he joined Malton Berhad as a corporate planning executive and in 2002, he joined Karambunai Corp Berhad as a Assistant Manager, Group Finance and was promoted to Group Financial Controller in 2005. He subsequently joined Nam Fatt Corporation Berhad as a Senior Manager in the corporate finance department in 2007. Prior to joining the Group, he was employed by Danga Bay Sdn Bhd as a Financial Controller from 2008 to 2009.He was the Chief Financial Officer of Benalec Holdings Berhad from 2010 to 13 April 2015, whereupon he was re-designated with other portfolios within Benalec Group.
Family relationship with any director and/or major shareholder of the listed issuer	None
Any conflict of interests that he/she has with the listed issuer	None
Details of any interest in the securities of the listed issuer or its subsidiaries	Direct interest: 10,000 ordinary shares