【FITTERS 9318 交流专区】辉德多元

cheeweey

这股我也看了很久,还不到我要的价位~

js00897

@cheeweey  
请问价位是多少，买warrants会值得点？

cheeweey

js00897 发表于 2-11-2012 09:00 PM
@cheeweey  
请问价位是多少，买warrants会值得点？

这你就要问其他人了，每个人的理想价位都不同，而我也是新手而已。。。

icy97

FITTERS DIVERSIFIED BERHAD

Particulars of Substantial Securities Holder

Name	Dato' Ir. Low Keng Kok
Address	39, Lakeview Saujana Resort Section U2 40150 Shah Alam Selangor Darul Ehsan
NRIC/Passport No/Company No.	540723-07-5469
Nationality/Country of incorporation	Malaysian
Descriptions (Class & nominal value)	Ordinary shares of RM0.50 each
Name & address of registered holder	RHB Capital Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Low Keng Kok Level 10, Tower One RHB Centre Jalan Tun Razak 50400 Kuala Lumpur

Date interest acquired & no of securities acquired
Currency	Malaysian Ringgit (MYR)
Date interest acquired	19/11/2012
No of securities	17,000,000
Circumstances by reason of which Securities Holder has interest	Acquisition of shares
Nature of interest	Direct Interest
Price Transacted ($$)
Total no of securities after change
Direct (units)	17,000,000
Direct (%)	7.53
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice	19/11/2012

輝德董事經理黃瑞意售3.54%‧劉景國買進7.53%成大股東

大馬  2012-11-20 08:49
（吉隆坡19日訊）輝德控股（FITTERS，9318，主板貿服組）董事經理拿督黃瑞意19日（週一）在公開市場脫售800萬股持股或3.54%股權，拿督劉景國則同時宣佈買進輝德1千700萬股或7.53%股權，崛起為輝德顯著股東。

據瞭解，劉景國是星辰建築（FAJAR，7047，主板建筑組）前首席執行員兼董事經理，目前已轉任非執行董事職位；黃瑞意在脫售800萬股持股後，仍持有輝德23.85%股權，依然是該公司最大單一股東。（星洲日報／財經）

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30/09/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2012	30/09/2011	30/09/2012	30/09/2011
		$$'000	$$'000	$$'000	$$'000

1	Revenue	99,360	119,275	296,736	338,722
2	Profit/(loss) before tax	6,631	6,062	23,867	21,474
3	Profit/(loss) for the period	4,752	4,031	17,770	15,075
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,771	4,538	17,544	14,852
5	Basic earnings/(loss) per share (Subunit)	2.20	2.10	8.10	6.86
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 ($$)	0.8128		0.7413

icy97

icy97 发表于 19-11-2012 11:39 PM
Particulars of Substantial Securities Holder
輝德董事經理黃瑞意售3.54%‧劉景國買進7.53%成大股 ...

FITTERS DIVERSIFIED BERHAD

Date of change	21/11/2012
Name	Dato' Ir. Low Keng Kok
Age	58
Nationality	Malaysian
Type of change	Appointment
Designation	Director
Directorate	Non Independent & Non Executive
Qualifications	Bachelor of Engineering (Hons) Degree in Civil Engineering, University of Malaya.
Working experience and occupation	Extensive experience in management building, infrastructural and privatisation projects
Directorship of public companies (if any)	Fajarbaru Builder Group Bhd
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Direct: 17,000,000 ordinary shares of RM0.50 each
Details of any interest in the securities of the listed issuer or its subsidiaries	Nil

icy97

輝德控股前景如何？

投資致富  2012-12-10 11:25

芙蓉讀者問：
輝德控股（FITTERS，9318，主板貿服組）前景如何？我早前以每張5仙，買進20萬張輝德控股WA（FITTERS-WA，9318WA，憑單），若全面轉換這批憑單，虧損幾率會有多大？因為我擔心當每個投資者都進行轉換，賣壓會導致轉換成本上升，最終母股會跌破58仙嗎？

答：
輝德截至9月30日首9個月淨利增長18.13%至1千754萬4千令吉，受惠於防火配備及建築原料銷售上漲。雖然該公司一直以來都取得盈利成長，不過卻沒有受到市場太大的關注。

該公司早前與貿易風種植（TWSPLNT，6327，主板種植組）聯營投資綠色提煉廠解決方案活動，將提煉廠排出的污水和棕果渣用於發電和生產纖維。這符合其商業經營模式，除了透過纖維貿易營造經常性收入，也藉此增加收入基礎，相信上述投資項目每年可捎來150萬令吉淨利。

分析員認為輝德攫獲的綠色提煉廠解決方案合約，只能從2013財政年開始顯現盈利效益，並看好該公司未來將宣佈更多類似投資項目，以吸引機構投資者的目光。

綠色提煉廠業務料佔2013財年7%盈利貢獻，但2014年可激增至29%，至2015年更達41%。該公司整體表現不錯，分析員給予其1令吉零5仙至1令吉15仙合理價，不過若缺乏催化劑，股價短期或難有大突破。

另外，談到憑單轉換問題，輝德控股WA已從11月8日起暫停交易，並在11月28日除牌。以53仙轉換價及你買進的每張憑單5仙計，總成本只有58仙，顯著低於母股約64.5仙。兩者的價差為6.5仙，若乘上手中的20萬張憑單，則可在轉換期限內賺取1萬3千令吉，惟前提是母股仍企於64.5仙水平，而上週五止，每股只處61仙水平，未來盈虧仍胥視母股前景。（星洲日報／投資致富‧投資問診室）

icy97

FITTERS DIVERSIFIED BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	FITTERS DIVERSIFIED BERHAD ("FITTERS"”) Disposal of Shares in KPISOFT International Pte. Ltd. and KPISOFT Malaysia Sdn. Bhd.
We refer to our announcement dated 21 November 2011. The Board of Directors of FITTERS DIVERSIFIED BERHAD (“FITTERS”) wishes to announce that its wholly-owned subsidiary, Premier Equity Holdings Limited (BVI Company) (“Premier Equity”) had on 9 January 2013 entered into a Share Sale Agreement with KPISOFT Capital Pte. Ltd., a company incorporated in Singapore to dispose of Premier Equity’s holding in the shares of the following companies for a total cash consideration of Ringgit Malaysia: Five Million Five Hundred Thousand Only (RM5,500,000) (“the Disposal of Shares”). Name of Company No. of Shares KPISOFT International Pte. Ltd. 60,000 ordinary shares of SGD1.00 each representing 30% of the total issued and paid-up share capital of KPISOFT International Pte. Ltd. KPISOFT Malaysia Sdn. Bhd. 90,002 ordinary shares of RM1.00 each representing 30% of the total issued and paid-up share capital of KPISOFT Malaysia Sdn. Bhd. The Disposal of Shares will not have any impact on the net assets, earnings and gearing of the FITTERS Group for the financial year ending 31 December 2013. None of the Directors and Substantial Shareholders of FITTERS or persons connected to the Directors and/or Substantial Shareholders have any interest, direct or indirect in the Disposal of Shares.The Board after having considered all aspects, is of the opinion that the Disposal of Shares is in the best interest of the FITTERS Group. This announcement is dated 9 January 2013.

icy97

綠色成長股‧輝德盈利長期看俏

熱股評析  2013-02-05 18:33
（吉隆坡5日訊）輝德控股（FITTERS，9318，主板貿服組）是興業研究指定的綠色成長股，即使因中國市場放緩而步伐比較蹣跚，預測其營運盈利有望從2013財政年的3%增長至2014財政年8%，再由2015年躍進至22%。

輝德主要與油棕園掛鉤，利用油棕枝幹生產為高加值生物燃料顆粒或塊狀，歐洲以這類產品取代污染嚴重的煤作為冬天取暖用途。同時也利用棕油提煉廠的廢水化為能源，作為上述產品的加工，全方位解決了油棕園與煉油廠原本被視為廢棄物的問題。

分析員說，輝德在此領域鮮少遇競爭，主要是有能力提供自供應、裝置、啟用乃至日常營運活動的“全方位方案＂，其次是願意在馬投資中持股，及提供生產干長纖維（DLF）的保障。

然而，這類產品在中國跌價，可能衝擊其盈利與賺益。因此，透過第三方執行的綠色棕油提煉與相關聯營協議，也礙於上述關係可能放緩。該公司是最近與印尼英東種植和貿易風種植（TWSPLNT，6327，主板種植組）簽約，收購有關原料作為干長纖維。

在盈利預測中，興業預測這個財政年的兩間第三方綠色棕油提煉廠貢獻介於全年的貢獻，明後年會有4間與八間加入。

透過第三方（棕油公司）以每公噸不少過520令吉收購原料，以製成上述產品。干長纖維（DLF）產品價格由3至6個月前的600至620令吉，放緩至約為520令吉，近乎無利可圖水平之下，輝德在這方面將放緩步伐。

乾長纖維（DLF）出口至中國放緩，公司也將多元化市場，以減少對某個市場過度依賴。

該行預測一旦中國製造業與經濟復甦，上述產品價格趨軟也將告一段落。

輝德也將擴大投資該產品，使干長纖維可以加工作為生質顆粒塊，這在歐洲需求更殷，價格也較穩定。

“輝德的另一心血結晶，在克服了監管機構與融資問題後，有望在使用等離子氣化工藝後，每日處理20公噸生物醫藥廢棄物。坐落森州申達央工藝園3英畝地段的處理廠，料於2014年啟用。＂

按本益比8倍計算，目標價為85仙，暫無評級。（星洲日報／財經）

icy97

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	113,779	107,766	410,515	446,488
2	Profit/(loss) before tax	14,049	8,245	37,916	29,719
3	Profit/(loss) for the period	10,288	7,208	28,058	22,283
4	Profit/(loss) attributable to ordinary equity holders of the parent	10,354	7,342	27,898	22,194
5	Basic earnings/(loss) per share (Subunit)	4.61	3.39	12.43	10.26
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 ($$)	0.7752		0.7413

js00897

冷眼42心水股系列10：辉德多元没负债

分享锦集 财经 评论  2013-04-08 10:32

很少人注意到，辉德多元（Fitters,9318，主板贸服股）是一家没有负债的公司。

其实，在去年9月杪，该公司仍有3500多万的净债额（债务减现金），但在3个月后，即去年12月31日结账时不但没有负债，手头还有超过700万净现金（现金减负责），成为一家无债公司。

原来辉德多元大股东拿督黄瑞意夫妇，在该公司凭单于去年杪到期前，以53仙的转换价，全部转为普通股。

积极扩展多元化业务

这其实是以每股53仙的价格发附加股，注资于该公司。

这使该公司的实收资本，由2012年9月30日时的1亿1086万令吉，增至12月31日的1亿5593万令吉，使该公司成为无债公司。

在过去几个月中，辉德多元大股东持续不断的从股市回购该公司的股票，买价在55仙至60仙之间，我认为这是大股东对该公司前途信心满满的表现。

辉德过去以制造灭火具为主，但近年来极积多元化业务至产业、建筑、再生能源，有不错的业绩表现。

去年辉德多元每股净赚12.43仙，今年在文良港兴建的288间公寓开始对盈利作出贡献，今年盈利可望胜过去年。

冷眼

http://www.nanyang.com/node/523389?tid=462

icy97

輝德推僱員獎掖認股計劃

大馬 即時大馬財經  2013-04-16 16:47
（吉隆坡16日訊）輝德控股（FITTERS，9318，主板貿服組）建議設立兩項佔總股本最高15%的雇員長期獎掖制度，包括雇員認股權計劃（ESOS）和送股計劃（ESGP），藉此獎勵員工並吸引人才。

該公司發文告說，雖然公司無法從送股計劃中收穫資金，可若雇員執行認股權，將為公司提供新資金。相信這項計劃可在不損公司現金流情況下提振雇員士氣，並吸引和留住優秀人才，也能讓公司管理層與股東利益達成一致，進而創造長期價值。（星洲網）

FITTERS DIVERSIFIED BERHAD

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) ESOS
Description	FITTERS DIVERSIFIED BERHAD (‘‘FITTERS”) PROPOSED ESTABLISHMENT OF A LONG TERM INCENTIVE PLAN FOR THE ELIGIBLE EMPLOYEES AND EXECUTIVE DIRECTORS OF FITTERS AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT) (“PROPOSED LTIP”)
On behalf of the Board of Directors of FITTERS, Hong Leong Investment Bank Berhad is pleased to announce that FITTERS proposes to undertake the Proposed LTIP. This announcement is dated 15 April 2013.

Attachments FITTERS - Proposed LTIP (Announcement).pdf

icy97

辉德多元Deluge 合并防火业务上市

财经新闻 财经  2013-04-30 13:42
（吉隆坡29日讯）辉德多元（Fitters，9318，主板贸服股）与Deluge防火（东南亚）私人有限公司签署备忘录，拟合并双方的防火业务，并有意让合并公司上市马交所。

辉德多元向马交所报备，执行备忘录后双方将成立新公司，然后透过收购和发股方式将防火业务注入新公。

辉德多元与Deluge防火签署最终协议（definitive agreement）后12个月内，确保新公司上市马交所主板。

详细内容将在签署最终协议后另行公布。

截至去年12月31日第四季，辉德多元净利按年增41.02%，报1035万4000令吉，营业额按年扬5.58%至1亿1377万9000令吉。

该公司2012财年净利上升25.7%至2789万8000令吉，营业额微跌8.06%，报4亿1051万5000令吉。[南洋网财经]

FITTERS DIVERSIFIED BERHAD

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	FITTERS DIVERSIFIED BERHAD ("FITTERS" OR "COMPANY") MEMORANDUM OF UNDERSTANDING BETWEEN FITTERS AND DELUGE FIRE PROTECTION (SEA) PTE LTD
The Board of Directors of FITTERS wishes to announce that FITTERS had, on 29 April 2013, entered into a memorandum of understanding (“MOU”) with Deluge Fire Protection (SEA) Pte Ltd ("Deluge”) to facilitate the merger of their fire protection businesses and the listing of the merged entity on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Proposal”). The salient terms of the MOU are as follows: (i)        Incorporation of a special purpose vehicle in Malaysia ("Newco") As soon as practicable after the execution of the MOU, the parties shall incorporate the Newco upon such terms and conditions to be mutually agreed upon by the parties. (ii)        Acquisition of the fire fighting business The parties shall in good faith negotiate and agree (as soon as practicable after the execution of the MOU) on the valuation methodology to be adopted for the acquisition by the Newco of the respective fire protection businesses of the parties and when such agreed valuation is obtained, the Newco shall acquire the said businesses and issue the relevant number of consideration shares in Newco to the parties as settlement. (iii)        Conditions precedent The Proposal is conditional upon the approval of the Securities Commission of Malaysia, Bursa Securities, and if required, the shareholders of the parties and any other relevant public authority or parties. (iv)        Listing of the Newco The parties shall cause and procure the Newco to be listed on the Main Market of Bursa Securities within 12 months from the date of the definitive written agreement to be entered into between the parties (which will set out the terms and conditions of the Proposal) (“Definitive Agreement”). (v)        Duration of the MOU The term or duration of the MOU shall commence on the date of the MOU and terminate on the earlier of: (a) six (6) months from the date of the MOU (“Expiry Date”); or (b) the execution of the Definitive Agreement; or (c) upon the mutual agreement of the parties. Deluge is a private limited company incorporated in Singapore which is involved in the fire protection design and engineering, supply and construction in the fire protection industry. A detailed announcement will be made once the Definitive Agreement for the Proposal has been signed. This announcement is dated 29 April 2013.

money188169

销售量不稳定是个问题，可是低PE却是一个买进的机会。现在产业股大热，而产业也成了Fitters的首要销售额，希望公司接下来的业绩会提升。

icy97

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	31/12/2012	31/03/2013	31/12/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	69,762	88,768	69,762	88,768
2	Profit/(loss) before tax	11,701	5,989	11,701	5,989
3	Profit/(loss) for the period	8,543	4,517	8,543	4,517
4	Profit/(loss) attributable to ordinary equity holders of the parent	8,514	4,431	8,514	4,431
5	Basic earnings/(loss) per share (Subunit)	2.95	2.05	2.95	2.05
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 ($$)	0.8073		0.7752

icy97

FITTERS DIVERSIFIED BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	FITTERS DIVERSIFIED BERHAD (“FITTERS” OR “THE COMPANY”) PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN RASA ANGGUN DEVELOPMENT SDN. BHD. (“RADSB”) (COMPANY NO. 1007326-D) (“PROPOSED ACQUISITION OF RADSB”); AND POROPOSED ACQUISITION OF SUPERIOR VILLA SDN. BHD. (“SVSB”)(COMPANY NO. 869806-V) (“PROPOSED ACQUISITION OF SVSB”) BY FITTERS PROPERTY DEVELOPMENT SDN. BHD. (COMPANY NO. 412908-X), A SUBSIDIARY OF FITTERS
The Board of Directors (“the Board”) of FITTERS wishes to announce that FITTERS Property Development Sdn. Bhd. (“FPDSB”), a wholly-owned subsidiary FITTERS Sdn. Bhd., which in turn is a subsidiary of the Company had on 27 May 2013 entered into two separate sale and purchase agreements with Ebic Development Sdn. Bhd. (“EDSB”) (Company No. 907883-T) in respect of the proposed acquisition of the following:- (a)        1,000,000 ordinary shares of RM1-00 each in RADSB representing 100% of the issued and paid-up share capital of RADSB (“RADSB Sale Shares”) for a purchase consideration of RM1,000,000-00 (“Proposed Acquisition of RADSB”) (“SPA 1”); and (b)        1,000,000 ordinary shares of RM1-00 each in SVSB representing 100% of the issued and paid-up share capital of SVSB (“SVSB Sale Shares”) for a purchase consideration of RM8,000,000-00 (“Proposed Acquisition of SVSB”) (“SPA 2”).(The Proposed Acquisition of RADSB and the Proposed Acquisition of SVSB are collectively referred to as “the Proposed Acquisitions”). This announcement is dated 27 May 2013.

Attachments FITTERS - Proposed Acquistions (final)(27.5.2013).pdf

icy97

FITTERS DIVERSIFIED BERHAD

Type	Announcement
Subject	OTHERS
Description	FITTERS DIVERSIFIED BERHAD ("FITTERS" or "the Company") - Interim dividend in specie on the basis of one (1) treasury share of RM0.50 each for every thirty (30) existing ordinary shares of RM0.50 each held for the financial year ending 31 December 2013
The Board of Directors of FITTERS wishes to announce that the Board has approved an interim dividend in specie by way of distribution of treasury shares of RM0.50 each to shareholders of FITTERS on the basis of one (1) treasury share for every thirty (30) existing ordinary shares held in FITTERS. The entitlement date and payment date of the interim dividend in specie will be announced in due course. This announcement is dated 27 May 2013.

vheng

辉德多元30送1 库存股4467万购2产业公司

财经新闻 财经  2013-05-29 13:27
（吉隆坡28日讯）辉德多元（Fitters，9318，主板贸服组）宣布董事局已批准派发中期股息，股东每持有30股将获得1股库存股。

另外，辉德多元也向马交所报备子公司———辉德产业发展有限公司以总值4467万令吉收购两家公司，分别是Rasa Anggun发展及Superior Villa有限公司。

辉德产业发展将替这两家公司偿还债务，及收购位于万挠（Rawang）土地。这两家公司都涉及产业发展业务。

Rasa Anggun以3267万令吉收购万挠土地，但仅支付326万7000令吉给卖方。因此，辉德产业发展必须支付剩余的2940万3000令吉。

辉德多元表示，收购上述两家公司将带动辉德多元进一步扩大产业发展业务。

位于万挠的土地预计将发展总值3亿令吉的计划，将贡献公司盈利。

Superior Villa则已签署一项联营发展合约，将在吉隆坡联邦直辖区土地发展公寓发展总值近1亿5400万令吉，料今年第三季推出。

http://www.nanyang.com/node/537405?tid=462

Treasury Share库存股是share buy bacj吗？（公司买回自己的股）
现在每持有30股就给1股库存股。

@williamnkk81  

williamnkk81

vheng 发表于 29-5-2013 02:05 PM
Treasury Share库存股是share buy bacj吗？（公司买回自己的股）
现在每持有30股就给1股库存股。

是的。。。 公司把以前买入的股当股息给股东。。。。

icy97

輝德售SOLID ORIENT

大馬 即時大馬財經  2013-05-31 13:28
（吉隆坡31日訊）輝德控股（FITTERS，9318，主板貿服組）通過相關方交易以1千零50萬令吉，全售旗下SOLID ORIENT控股予間接獨資子公司Future NRG公司。

輝德發文告說，Future NRG涉再生能源開發業務，SOLIDORIENT則參與油棕處理。（星洲網）

FITTERS DIVERSIFIED BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	FITTERS DIVERSIFIED BERHAD ("FITTERS" OR "THE COMPANY") - DISPOSAL OF THE COMPANY’S 100% EQUITY INTEREST IN SOLID ORIENT HOLDINGS SDN. BHD. TO FUTURE NRG SDN. BHD.
The Board of Directors of FITTERS wishes to announce that the Company has on 21 May 2013 disposed of the entire 10,500,000 ordinary shares of RM1.00 each (“Sale Shares”) representing 100% equity interest in Solid Orient Holdings Sdn. Bhd. (“Solid Orient”) to Future NRG Sdn. Bhd. (“Future NRG”) for a total cash consideration of RM10,500,000 (“Disposal of Solid Orient”). Following the disposal, Solid Orient will become a wholly-owned subsidiary of Future FNRG, which in turn is a wholly-owned subsidiary of FITTERS. Future NRG is principally involved in renewable energy development. The business activity of Solid Orient is oil palm processing. The Disposal of Solid Orient will not have any significant effect on the earnings per share or net assets per share of the FITTERS Group for the financial year ending 31 December 2013. The Disposal of Solid Orient is not subject to the approval of the shareholders of FITTERS. Save for Dato’ Wong Swee Yee, who is a Director and major shareholder of the Company and also a Director of Solid Orient and Future NRG, none of the Directors or persons connected to the Directors and/or major shareholders of FITTERS has any interest, direct or indirect, in the Disposal of Solid Orient. The highest percentage ratio applicable to the Disposal of Solid Orient pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 6.6%. The letter from Inland Revenue Board for stamp duty exemption was received on 29 May 2013. This announcement is dated 30 May 2013.