【MMSV 0113 交流专区】

icy97

EX-date	21 Sep 2017
Entitlement date	26 Sep 2017
Entitlement time
Entitlement subject	Special Dividend
Entitlement description	Special Single Tier Dividend of 0.50 sen per ordinary share
Period of interest payment	to
Financial Year End	31 Dec 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	SYMPHONY SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301Petaling JayaTel:0378490777Fax:0378418151
Payment date	17 Oct 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	26 Sep 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.005

icy97

Type	Announcement
Subject	OTHERS
Description	MMS VENTURES BERHAD ("MMSV" OR "COMPANY")(I)        PROPOSED TRANSFER; AND(II)        PROPOSED AMENDMENTS(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of MMSV, Affin Hwang Investment Bank Berhad wishes to announce that the Company proposes to undertake the following: (i) proposed transfer of the listing of and quotation for the entire issued share capital of MMSV from the ACE Market to the Main Market of Bursa Malaysia Securities Berhad (“Proposed Transfer”); and (iI) proposed amendments to the Constitution of the Company to facilitate the implementation of the Proposed Transfer (“Proposed Amendments”), (collectively referred to as the “Proposals”). Please refer to the attachment for further details on the Proposals. This announcement is dated 28 August 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5529133

Attachments MMSV - Proposed Transfer (28.8.17).pdf

哭哭鸟

哭哭鸟

哭哭鸟

Automation系列之第五篇-Mmsv篇
Author: Lim Wy   |    Publish date: Tue, 10 Oct 2017, 12:12 AM
http://klse.i3investor.com/blogs/FoodForThoughtMorganLim/134858.jsp

续Automation 系列之 Pentrox（Penta 和 Vitrox), Aemulus, Elsoft 和 Vis，这篇文章将会讨论 Automation系列的 Mmsv。

                        

还没看之前Automation 系列的可以参考

                        

Automation系列之第一篇 Pentrox=Penta+Vitrox的前身今世

                        

Automation系列之第二篇 ：Elsoft 篇

                                                

Automation 系列之第三篇 - Vis 第一篇

                        

Automation 系列之第三篇 - Vis 第二篇 （迷雾之地 的 季度报告）

                                                  

Automation系列之第四篇-Aemulus

                                                   

Automation系列之第四篇-Aemulus 第二篇 之 Director们听到读者的心声？

                        

Automation 系列 ： 眺望前方 (Vitrox, Penta, Aemulus, Elsoft, Vis)

                        

我们首先来看Mmsv的业务。Mmsv 的业务主要有LED 和 Automation Machine。

                        

Mmsv 的 LED Segment是由Evolusys Sdn Bhd负责的。Mmsv的 LED Equipment有Optical Encoder Tester，burn in tester，也有用在LED production的test and measurement system。除此之外，也有LED的software来support mass production。大家可以看下图了解公司的equipment。

                                                                                                                                          

                                

                                

                                

                                
                  

Mmsv的 Automation Equipment是由Mms Sdn Bhd做的。Mmsv的Automation Euipment都是customized 的，也就是为客户专门打造的。Mmsv所做的部分就是引进不同的tester然后integrate成一个顾客要的完整机器来符合顾客要的各种functional test。比如“integrate camera module, packaging system into a single machine"如下图的machine一般。"As a result we can offer tailored, high-speed machines to customers who feel that standard machines do not provide them with the flexibility and speed they require. This means we will always provide the optimal solution to you. "

                        

以下的照片就是Mmsv的Automation机器。

                                                                                                                                                

                                

                                
                    
以下这图写着Mmsv的主要业务有Industrial Automation System，design jig set and fixtures and develops computer software。                                                                                                                                                
Mmsv的主要客源是Smart devices，第二的客源是Automotive，而剩下的有SemiCon，OEM和General Lighting。基于不了解Mmsv的客户有谁，很难可以追踪Mmsv的成长。下图也可以看到，Mmsv大致上做本地本地生意，占了46%， Asia占39%而America占15%。                                                                                                                                                

                                
                                      

                        

                                
接下来我们看Director的Share holding。

                                                                                                                                                

                                
                        

Director们的shareholding加起来将近48%。将近符合笔者要求的50%。基于不懂客户有谁，也无法追踪Mmsv机器的效率（因为Mmsv的Automation产品只是integration而已，并没有专属某行业的R&D），所以在这时候，领导者的远见，能力和背景就显得非常重要了。所以现在我们就要看Annual Report里面的Chairman Statement和Director的来历了。

Erm，笔者看过了Mmsv的Director的背景来历，觉得没有什么特别之处。唯一的特别就是全部都偏老了，CEO也就是Founder已经高龄64了。                        

为了找出公司未来的前景，我们再看chairman statement。读过后，基本也看不出未来有什么成长或者竞争优势。

                                                                                                                                                

                                
                        
看quarter report，全部说的都是LED而已，所以公司说到底，Automation machine肯定也是用在LED上。传统上，Mmsv每一次第二个季度都是最强的，而第三个季度都是qoq下滑，yoy也是下滑。                                                                                                                                                


                                
                        

我们看股价，大致上第三个季度报告qoq和yoy下跌，股价也是跟着下跌。可是若读者们做些功课和研究，可以追查到这次第3季度的EPS可能会有很不错的表现，接下来的EPS应该yoy起个几百%不过分的，毕竟去年的第三个季度的业绩真的惨不忍睹。Mmsv近期有些利好因素，比如最近2017下半年会卖出多100架machine啊，转进主板啊。

                        
毕竟笔者没有兴趣，也没有多加研究，也就不多给意见。看下图，Mmsv 11月都是下跌的命运，或许这次可以改运吧。                        
                                                                                                                                               

                                

笔者对这家公司的前途很迷蒙，对这家公司很没兴趣，也不多写了。可是，看了前几年的季度报告后找到有些有用的资料或许可以和大家分享。

                        

-其中一个quarter有说，那个季度的other operating expenses提高，因为R&D Expenses的提高。可是那个季度的other operating expenses才300多k，和别的Automation公司的R&D Expenses真的相差太多了。

                        

-也有一个quarter说了：gross margin up because recovery of inventory written off last quarter。所以若读者看到Mmsv的Profit Margin突然好的话，可以查看inventory是不是有所更改而导致的。

                        

-Quarter Report常解释说Automation Machine卖得好是因为Mmsv客户的客户有更多的order，导致Mmsv的机器卖得好。但，若我们找不出客户的客户是谁，若不找出来，就是赌博了。

                        

结论：
                                
笔者对这家公司觉得很迷蒙，无法追踪。除非读者们有更多的资料能把公司透明化，不然就以笔者的研究，个人觉得未来的成长难以估计和追踪。买这股票，就有点赌博靠运气的成分。

                        

若要赌，赌管理层的眼光？若管理层有雄心大志，Annual Report里应该会看得出的。可是笔者一点都看不到，所以觉得应该不可能赌管理层的眼光吧。

                        

赌未来很多客户找Mmsv？本身没有特别的R&D业务，Annual Report也找不到R&D Expenses，都不知R&D department是不是成立爽，拿个名字而已，这值得赌吗？

                        

一眼看去，Mmsv 在 Automation领域PE目前是最低的，可是，低有低的道理。Vitrox的PE高有高的原因。

                        
就看读者们的胃口和口味了。     
                  
就以今天2017 9月10日，Osram和Vitrox都有报道，这两个报道无意间帮了读者完成Mmsv的研究。                        

我们可以以Osram这家大企业来追踪马来西亚的 LED业务的未来前途。

Already, Opto has the highest earnings before interest, taxes and amortization of Osram’s three divisions and twice the R&D budget. This is partly because of Osram’s decision -- attacked by Siemens -- to spend about 1 billion euros ($1.1 billion) on a Malaysian plant to make semiconductors for light-emitting diodes, or LEDs, the energy-efficient form of lighting overtaking classic incandescent bulbs.The division also makes lights and sensors that are used in devices from self-driving cars to smartwatch heart-rate monitors.                        
Osram is counting on other kinds of Opto products like the LIDAR applications for self-driving cars and smartwatch lasers to underpin growth should infrared fail to develop the way it expects.                        
要了解更多的读者可以自己读以下的link。读者要表达的就是，未来LED的趋势成长，会主要来自于汽车业。而这家大企业Osram都注重着Lidar Application。而Mmsv的主要业务并非Automotive Segment，所以未来长久战而言，Mmsv的product成长肯定会受到阻碍，除非管理层可以得到Automotive的订单。 可是以上也说了，Osram投资1 billion来制作LED，这无疑会让本地做LED的受惠，若读者认为Osram可以带来连锁效应，可以看Iqgroup，因为Osram是Iqgroup其中一个客户吧。至于Osram能否让Mmsv受惠，读者可以自己研究，希望读者有什么消息也可以和笔者交流交流，哈哈。                                            

https://www.bloomberg.com/news/articles/2017-06-09/looking-deep-into-your-eyes-osram-bets-on-iris-scanning-app?utm_source=yahoo&utm_medium=bd&utm_campaign=headline&cmpId=yhoo.headline&yptr=yahoo

                        

接下来这篇文章是关于Vitrox的expansion的，里面有一句话，值得大家留意。

                                            

In the first half of 2017, Vitrox shipped out 1,036 machine vision system products and 18 machine vision tray handlers.
                                
“We shipped out 106 units of advanced optical inspection and advanced x-ray inspection equipment for used in the electronic assembly industry,” he said.
                                
The equipment is used primarily in the automotive, telecommunication infrastructure, consumer electronics and medical industries.
                                
“Only 1% of our shipment goes to the smart device segment. We are, therefore, not subjected to the volatility of sales in the smart device market.
                                
这边看得出，Smart Device Segment现在的趋势不是往上升而已，而是有一定的波动，这解释了为什么Mmsv，Aemulus这两家公司的业务都起伏不定，难以捉摸。
若要了解更多可以看以下这个link。

                        

http://www.thestar.com.my/business/business-news/2017/10/09/vitrox-investing-rm130mil-to-expand-ops/

                        

就用以下这些问题来总结这家公司的研究，希望可以让大家反思反思。

                                       

目前的价位，是不是已经factor in那些利好因素了？目前看到的成长能持续多久呢？  买这家公司是赌博还是投机呢？

                                             

可以点击一下的link来看看Mmsv的group managing director Sia Teik Keat对Mmsv 2017年的看法。对笔者而言，这股票最多只能做个短期投资，就赌两个好业绩后，马上拍拍屁股跑人了，不然之后没成长了，来个业绩炸弹不就住套房了？（笔者不是个好赌之人，所以也没持有这家公司）
http://www.thestar.com.my/business/business-news/2017/08/14/mms-bullish-on-outlook/

哭哭鸟

MMSV (0113) - 2018年大马主板新丁，能否继续以LED业务发光发热？
30 Oct 2017  
http://wesharenwetrade.blogspot.my/2017/10/mmsv-0113-2018led.html

谁是MMSV?
MMSV你不认识？MMSV是去年冷眼推荐30大公司之一，也是2017年股价上涨幅度最高的公司之一。这是因为其业务与PENTA相似，主打产品为自动化系统和机械。此行业正值高成长的旺盛时期，而且相信这段旺盛时期可持续好一段时间，只是且看MMSV的科技技术能否与时并进，提供尖端的科技给客户。

MMSV主要负责LED和半导体工业自动化系统和机械的设计和制造，MMSV其中一点的优势是能依据客户的需求而提供customised products。另外，MMSV亦立志为提供一站式自动化解决方案的制造商，俗称为一条龙服务。现今的客户需求多元，有谁不喜欢一条龙服务呢？

财务及股价表现
在深入了解MMSV的业务和经营策略前，先谈谈财务表现。

MMSV大概需要在季度中取得约RM4million的营业额，就可以达到breakeven point。什么是 breakeven? 就是你需要多少的营业额，你才达到至少0亏损的水平，所以是越低约好。而当营业额远超越这水平时，净利率会急速上升。最新季度的营业额突破新高至RM29million，净利率也达到31%的高水平。



试问多少行业的税前净利率可以有30%？答案是少之又少。之前笔者比较MMSV和PENTA的数据，MMSV皆完胜PENTA。可是MMSV有一点比较逊色的地方是MMSV虽表明季度表现不会受季节性波动，但还是可以看得出其季度表现相当漂浮，不容易猜测其表现。去年下半年两个季度加起来的营业额才RM11.7million，还不如今年第2季度的表现。所以可看得出有投资者选择套利，所以即使第二季度净利突破新高后，股价反而滑落从RM2滑落至RM1.8左右。

如果硬要看过去季度的表现，无可否认第二季度一直都是最佳的季度，相信接下来的第三季度应该无法超越，但是根据过往的记录第三季度的表现皆胜过第一季度，如果这样看MMSV的第三季度应该会。。。。。

呵呵，这点就不继续写下去了，反正下个月就可以知道结果了，笔者不多作揣测。目前MMSV的P/E才值17点，在这自动化的行业中，这P/E算低了。而且如果接下来的季度皆超越去年下半年的烂表现的话，P/E将会进一步拉低（如果股价保持不变）。

过去3年MMSV皆派2仙的股息，今年赚比较多，派了一个0.5仙的特别股息。笔者预测今年的股息至少有3仙。

营业额分布
在2016年的年报中，管理层增加了一个内容，那就是Management Discussion and analysis。营业额49%来自smart devices领域，21%来自automotive领域。而这架Vision Inspection让smart devices领域的贡献成长急速上升。其他领域则是比较缓慢的成长。



马来西亚依然是MMSV的最大市场，看来MMSV要与外国的同行抢外国的生意实属不易。去年美国市场营业额跌到可怜的RM5.3million，今年上半年在美国市场取得的营业额已得RM9.5million，远超于去年。亚洲市场今年却大幅滑落。所幸的是，MMSV在本地市场的营业额高幅度成长，这是令人满意的结果，先在本地市场稳住阵脚再慢慢侵略外国市场份额吧。





经营模式
2012起，MMSV管理层转换策略，把重心更多的放在LED自动化业务。而这生意模式行得通吗？以现在的业绩来看，已经证明了管理层其策略是可行的。

老实说，笔者在这领域是外行人，在加上年报的资料不多，并不能完全了解其生意运作。而这里笔者运用财报的数据放映其经营模式。



MMSV管理层表明主打LED niche market 利基市场，对，是利基，不是搞基哦！什么叫利基市场？可以看以下MBA百科链接。简单来说，MMSV涉及的市场范围很小，满足客户特定(specific)的需求，是量小赚幅大的生意。

利基市场

因此，MMSV的inventories非常的低，MMSV的生意模式根本无需存有大量的inventories。为什么？因为MMSV不是大量生产的制造商，而是有订单才会依照客户的需求特别设计和制造，不会有存货太多卖不出的风险。所以，从inventories可以预测其未来营业额，因为我们知道MMSV是不会有存太多的货。举个例子，2015年3月MMSV只得可怜的RM3.8million营业额，但是inventories反而从RM5.1mIllion上升至RM9.9million，所以在2015年6月的季报迎来RM20million的营业额并不叫人意外。

在年报当中可看到MMSV的inventories通常只有原材料和Work-in-progress，没有finished goods，更说明了这一点。而2017年6月季报在营业额创新高后，inventories没有减低，反而迎来新高的RM12.8million。这表示。。。。唉，笔者还是不猜了，等下个月的季报吧。



所以，看年报不只是要知道什么叫revenue等等各式的term，而是要了解其行业特点和数据反映的结果来分析。

2018年转战主板
MMSV和PENTA在2017年财务表现创新高后，皆宣布转战新战场。PENTA把子公司在香港上市，MMSV则从ACE market转战主板，预计明年上半年完成，但估计需花数百万令吉。既然要花数百万令吉，转战主板有什么好处? 吸引更优质的投资者。比如说，一些基金有一些条规，只能买主板公司，所以即使MMSV在好这些基金不能买。因此MMSV在主板可以迎来更高的估值。

总结：这次笔者文章写得更多的是财报与生意模式的联接，没什么写到MMSV的前景，因为不想把文章写得太长把大家闷着了。笔者对MMSV的前景相当有信心的，如果想知道更多公司和该行业的前景，可以参考余光成兄的部落格。MMSV应该是他的重仓股，里头有不少有关MMSV即时消息和分析。
        
http://kongsenger.blogspot.my/2017/08/0113-mmsv-mms2017q2.html

Tony-Pua

0113    MMSV    MMS VENTURES BHD

Quarterly rpt on consolidated results for the financial period ended 30/09/2017

Quarter: 3rd Quarter Financial Year End: 31/12/2017 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/09/2017 30/09/2016 30/09/2017 30/09/2016 RM '000 RM '000 RM '000 RM '000 1 Revenue 19,442 6,806 63,725 30,717 2 Profit/Loss Before Tax 5,277 1,535 18,423 7,061 3 Profit/(loss) attributable to ordinary equity holders of the parent 5,216 1,498 18,319 6,986 4 Net Profit/Loss For The Period 5,216 1,498 18,319 6,986 5 Basic Earnings/Loss Per Shares (sen) 3.24 0.93 11.37 4.33 6 Dividend Per Share (sen) 0.00 0.00 1.50 1.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.3600 0.2500

30624700

哭哭鸟 发表于 31-10-2017 02:27 PM
MMSV (0113) - 2018年大马主板新丁，能否继续以LED业务发光发热？
30 Oct 2017  
http://wesharenwetrade.blogspot.my/2017/10/mmsv-0113-2018led.html

谁是MMSV?
MMSV你不认识？MMSV是去年冷眼推荐30大公司之 ...

营运成本不断增加,自动化工程成为了其中一个受益者?已经把这行业放置高亮,要抽空研究研究。

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2017	31 Dec 2016	31 Dec 2017	31 Dec 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	11,844	4,866	75,569	35,584
2	Profit/(loss) before tax	2,788	2,545	21,210	9,606
3	Profit/(loss) for the period	2,736	2,534	21,055	9,520
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,736	2,534	21,055	9,520
5	Basic earnings/(loss) per share (Subunit)	1.70	1.57	13.07	5.90
6	Proposed/Declared dividend per share (Subunit)	2.50	1.00	4.00	2.00
		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 ($$)	0.3600		0.2500

icy97

EX-date	16 Mar 2018
Entitlement date	20 Mar 2018
Entitlement time
Entitlement subject	Second interim dividend
Entitlement description	Second Interim Single Tier Dividend of 1 sen per ordinary share
Period of interest payment	to
Financial Year End	31 Dec 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	SYMPHONY SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301 Petaling JayaTel:03 78490777Fax:03 78418151
Payment date	17 Apr 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	20 Mar 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.01

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EX-date	16 Mar 2018
Entitlement date	20 Mar 2018
Entitlement time
Entitlement subject	Special Dividend
Entitlement description	Special Single Tier Dividend of 1.50 sen per ordinary share
Period of interest payment	to
Financial Year End	31 Dec 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	SYMPHONY SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301 Petaling JayaTel:03 78490777Fax:03 78418151
Payment date	17 Apr 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	20 Mar 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.015

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MMS创投获准转主板
Neily Syafiqah Eusoff/theedgemarkets.com
April 12, 2018 17:19 pm +08

（吉隆坡12日讯）MMS创投（MMS Ventures Bhd）获大马证券监督委员会（SC）允许，从创业板转至主板。

这家槟城半导体自动化设备制造商在创业板上市已12年。

该集团今日向大马交易所报备：“证监会在志期2018年4月11日的信函中，依据2007年资本市场与服务法令第214(1)条文转板申请，以及上市公司股权要求给予批准。”

MMS创投于去年9月向证监会提交转板申请，称此举将提高信誉，并获得更多投资者接受，反映当前的业务规模。

该集团表示，已符合包括盈利目标、财务状况与流通性，以及公众持股比重的转板要求。

截至2016年12月31日止财政年，该集团取得935万令吉的经审核净利，而从2014至2016财年的3个财年合计调整净利约为2771万令吉。

在2017财年，该集团净利为2106万令吉，营业额达7557万令吉。

证监会的批准受制于MMS创投须采取适当行动，解决独资子公司Micro Modular System私人有限公司持有峇六拜工业园内的一幅土地，不符合土地所有权的土著就业条件（BEC）。

MMS创投表示，该公司须确保在该地的劳动力至少30%是土著。而该集团尚未完全达到这一要求。

该集团指出，已于1月17日向土地局提交申请，撤销BEC作为土地所有权的明示条件。目前正等待申请结果。

（编译：陈慧珊）

Type	Announcement
Subject	OTHERS
Description	MMS VENTURES BERHAD (MMSV OR COMPANY)PROPOSED TRANSFER
The terms used herein shall have the same meaning as those defined in the announcement dated 28 August 2017, unless otherwise stated. Reference is made to the announcements dated 28 August 2017 and 26 September 2017 in relation to the Proposed Transfer. On behalf of the Board, Affin Hwang IB wishes to announce that the SC had vide its letter dated 11 April 2018 approved the application for the Proposed Transfer under Section 214(1) of the Capital Markets and Services Act, 2007 (“CMSA”) and under the equity requirement for public listed companies. The approval from the SC is subject to the following conditions: (i) MMSV providing an undertaking to the SC that it will take appropriate action to remedy the non-compliance with the Bumiputera Employment Condition (see Note 1 below) in the event a notice to remedy is served by land administrator to MMSV or any of its subsidiaries; and (ii) MMSV making an announcement on Bursa Malaysia Securities Berhad on the SC’s decision in relation to the Proposed Transfer, MMSV’s non-compliance with the Bumiputera Employment Condition and MMSV’s application to Pejabat Daerah dan Tanah, Daerah Barat Daya, Pulau Pinang (“Land Office”) for the rescission of the Bumiputera Employment Condition from the Land Title. In this connection, MMS had on 17 January 2018 submitted an application to the Land Office to rescind the Bumiputera Employment Condition as an express condition in the Land Title (as defined in Note 1 below). The outcome of the said application is pending as at the date of this announcement. Please refer to the attachment for the additional information in compliance with sub-paragraph 2A.2 under Practice Note 22 of the Listing Requirements. This announcement is dated 12 April 2018. Note 1 The Bumiputera Employment Condition is relating to one of the express conditions stated in the land title of a piece of land in Bayan Lepas Industrial Park, Pulau Pinang held by Micro Modular System Sdn Bhd (“MMS”), a wholly-owned subsidiary of MMSV, under PN 3840, Lot 14018 (formerly known as HSD 20150, PT5109), Mukim 12, District of Barat Daya, State of Pulau Pinang (“Land Title”). MMS must ensure that 30% of the workforce engaged in the enterprise conducted on the said land, at every management level, is Bumiputera (“Bumiputera Employment Condition”). MMSV Group has yet to fully comply with the Bumiputera Employment Condition as at the date of this announcement.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5755789

Attachments MMSV PN22E Announcement (12.4.18).pdf

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Type	Announcement
Subject	OTHERS
Description	MMS VENTURES BERHAD ("MMSV" OR "COMPANY")CLARIFICATION ON MEDIA ARTICLES
The terms used herein shall have the same meaning as those defined in the announcement dated 28 August 2017 and 12 April 2018, unless otherwise stated. Reference is made to the articles reported in The Edge Markets and Nanyang Siang Pau dated 12 April 2018 and 17 April 2018 respectively on the Company’s announcement dated 12 April 2018 pertaining to the approval granted by the SC to MMSV in relation to the Proposed Transfer. Both the articles have inaccurately reported that the SC’s approval on the Proposed Transfer is subject to MMSV taking appropriate action to remedy its non-compliance with the Bumiputera Employment Condition related to the land title of a piece of land in Bayan Lepas Industrial Park, Pulau Pinang held by MMS, a wholly-owned subsidiary of MMSV. The Board wishes to clarify that the relevant condition imposed by the SC, as announced by MMSV on 12 April 2018, is in relation to the provision of an undertaking by MMSV to the SC that it will take appropriate action to remedy the non-compliance with the Bumiputera Employment Condition in the event a notice to remedy is served by land administrator to MMSV or any of its subsidiaries (“Undertaking Letter”). Hence, the SC’s approval is not subject to the remedy of the non-compliance with the Bumiputera Employment Condition, as reported by the abovementioned articles appearing in The Edge Markets and Nanyang Siang Pau. The Board wishes to further inform that MMSV has submitted the Undertaking Letter to the SC on 20 April 2018.  With this, all of the conditions imposed by the SC, as announced by MMSV on 12 April 2018, have been met. This announcement is dated 23 April 2018.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2018	31 Mar 2017	31 Mar 2018	31 Mar 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	15,919	14,754	15,919	14,754
2	Profit/(loss) before tax	4,010	4,075	4,010	4,075
3	Profit/(loss) for the period	3,992	4,049	3,992	4,049
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,992	4,049	3,992	4,049
5	Basic earnings/(loss) per share (Subunit)	2.48	2.51	2.48	2.51
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 ($$)	0.3400		0.3500

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Transfer of Listing

MMS VENTURES BERHAD

Date of Transfer	06 Jun 2018
Total Issued Share Capital in the following
Units	163,000,000
Currency	Malaysian Ringgit (MYR)
Par Value($$) (if applicable)	0.000
Total Issued Share Capital ($$)	20,963,468.000
Sector	TECHNOLOGY

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Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES
Description	MMS VENTURES BERHAD ("MMSV" OR "COMPANY")(I)        PROPOSED BONUS ISSUE; AND (II)        PROPOSED ESOS(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of MMSV, Affin Hwang Investment Bank Berhad wishes to announce that the Company proposes to undertake the following: (i)  a bonus issue of up to 40,750,000 new ordinary shares in MMSV (“MMSV Shares”) (“Bonus Shares”) to be credited as fully paid-up on the basis of 1 Bonus Share for every 4 existing MMSV Shares held on an entitlement date to be determined later; and (ii) establish an employees’ share option scheme of up to 10% of the total number of issued shares of the Company (excluding treasury shares) at any point in time over the duration of the scheme for eligible directors and employees of MMSV and its subsidiary companies (excluding subsidiary companies which are dormant), (collectively referred to as the “Proposals”). Please refer to the attachment for further details on the Proposals. This announcement is dated 28 August 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5896581

Attachments MMSV Announcement - Bonus Issue ESOS (28.8.18).pdf

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EX-date	24 Sep 2018
Entitlement date	26 Sep 2018
Entitlement time
Entitlement subject	First Interim Dividend
Entitlement description	First Interim Single Tier Dividend of 1 sen per ordinary share
Period of interest payment	to
Financial Year End	31 Dec 2018
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	SYMPHONY SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301 Petaling JayaSelangor Darul EhsanTel: 03-7841 8000Fax: 03-7841 8151
Payment date	18 Oct 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	26 Sep 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.01

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2018	30 Jun 2017	30 Jun 2018	30 Jun 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	12,241	29,657	28,160	44,411
2	Profit/(loss) before tax	3,045	9,155	7,054	13,230
3	Profit/(loss) for the period	2,771	9,136	6,763	13,186
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,771	9,136	6,763	13,186
5	Basic earnings/(loss) per share (Subunit)	1.73	5.67	4.22	8.18
6	Proposed/Declared dividend per share (Subunit)	1.00	1.50	1.00	1.50
		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 ($$)	0.3500		0.3500

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MMS VENTURES BERHAD

EX-date	25 Oct 2018
Entitlement date	29 Oct 2018
Entitlement time	05:00 PM
Entitlement subject	Bonus Issue
Entitlement description	BONUS ISSUE OF UP TO 40,750,000 NEW ORDINARY SHARES IN MMS VENTURES BERHAD ("MMSV") ("MMSV SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 4 EXISTING MMSV SHARES HELD AS AT 5:00 P.M. ON 29 OCTOBER 2018 ("ENTITLEMENT DATE") ("BONUS ISSUE")
Period of interest payment	to
Financial Year End
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	SYMPHONY SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301Petaling JayaTel:0378490777Fax:0378418151
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	29 Oct 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)	40,750,000
Entitlement indicator	Ratio
Ratio	1 : 4