【KEINHIN 7199 交流专区】建兴国际

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Jan 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jan 2020	31 Jan 2019	31 Jan 2020	31 Jan 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	51,875	56,946	166,115	178,780
2	Profit/(loss) before tax	682	1,766	4,455	6,374
3	Profit/(loss) for the period	936	965	3,570	4,289
4	Profit/(loss) attributable to ordinary equity holders of the parent	733	609	2,715	2,702
5	Basic earnings/(loss) per share (Subunit)	0.67	0.56	2.49	2.48
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 ($$)	1.0400		1.0200

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Apr 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Apr 2020	30 Apr 2019	30 Apr 2020	30 Apr 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	36,173	56,564	202,288	235,344
2	Profit/(loss) before tax	-129	1,743	4,326	8,117
3	Profit/(loss) for the period	-102	824	3,468	5,113
4	Profit/(loss) attributable to ordinary equity holders of the parent	-108	833	2,607	3,535
5	Basic earnings/(loss) per share (Subunit)	-0.10	0.76	2.39	3.25
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 ($$)	1.0500		1.0200

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Jul 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jul 2020	31 Jul 2019	31 Jul 2020	31 Jul 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	53,396	58,834	53,396	58,834
2	Profit/(loss) before tax	3,797	2,149	3,797	2,149
3	Profit/(loss) for the period	3,012	1,379	3,012	1,379
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,496	996	2,496	996
5	Basic earnings/(loss) per share (Subunit)	2.29	0.91	2.29	0.91
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 ($$)	1.0700		1.0500

SUMMARY OF KEY FINANCIAL INFORMATION 31 Oct 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Oct 2020	31 Oct 2019	31 Oct 2020	31 Oct 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	66,827	55,406	120,223	114,240
2	Profit/(loss) before tax	3,721	1,624	7,518	3,773
3	Profit/(loss) for the period	2,748	1,255	5,760	2,634
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,321	986	4,817	1,982
5	Basic earnings/(loss) per share (Subunit)	2.13	0.91	4.42	1.82
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 ($$)	1.0900		1.0500

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Oct 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Oct 2021	31 Oct 2020	31 Oct 2021	31 Oct 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	75,128	66,827	120,885	120,223
2	Profit/(loss) before tax	6,483	3,721	6,059	7,518
3	Profit/(loss) for the period	5,056	2,748	4,625	5,760
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,537	2,321	4,277	4,817
5	Basic earnings/(loss) per share (Subunit)	4.17	2.13	3.93	4.42
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 ($$)	1.1800		1.1400

icy97

Type	Announcement
Subject	OTHERS
Description	KEIN HING INTERNATIONAL BERHAD ("KHIB" OR "THE COMPANY")Disposal of Land and Buildings by Kein Hing Industry Sdn. Bhd., a wholly-owned subsidiary of the Company to a third party namely Moon Trading Sdn. Bhd.
Introduction ----------------- KHIB wishes to announce that Kein Hing Industry Sdn. Bhd. (“KHI”), a wholly-owned subsidiary of the Company had on 13 September 2022 entered into four (4) Sale and Purchase Agreements with a third party namely Moon Trading Sdn. Bhd. for the disposal of four (4) units of KHI’s land and buildings located at No. 2, 4, 6 and 8, Jalan Indah 2/16, Taman Universiti Indah, 43300 Seri Kembangan, Selangor for a total cash consideration of RM 4,500,000 (Ringgit Malaysia Four Million and Five Hundred Thousand) only (the “Disposal”). Details of the Disposal --------------------------------- (i) Information on Moon Trading Sdn. Bhd. Moon Trading Sdn. Bhd. [Company No.200201003570 (571233-T)] of No. 18 & 20, Jalan Indah 2/18, Taman Universiti Indah, 43300 Seri Kembangan, Selangor is a private limited company incorporated in Malaysia and principally engaged in trading of insecticide chemical and related equipment or services (the “Purchaser”). The names of the Purchaser’s shareholders and directors, together with their respective shareholding interest in the Purchaser are set out below: Name of Shareholders and Directors % of Shareholding Interest in the Purchaser 1. Tay Eng Kee @ Tay Ah Chai 50.67% 2. Liew Sze Lien 49.33% The shareholders and directors of the Purchaser are not related or connected to the Directors and/or Major shareholders of KHI and KHIB. (ii) Information on the Land and Buildings The land and buildings comprise four (4) units of one and a half storey terrace factories as detailed below: Address (No.) Particulars of Properties (in Pekan Serdang, Daerah Petaling, Negeri Selangor) Area (Square Meters) Consideration (RM) 2 Geran 228912, Lot 34526 287 1,500,000 4 Geran 228911, Lot 34525 149 1,000,000 6 Geran 228910, Lot 34524 149 1,000,000 8 Geran 228909, Lot 34523 149 1,000,000 Total 734 4,500,000 The audited net book value of the land and buildings was RM573,413 as at 30 April 2022. The land and buildings are currently unused as production operation has been moved to other factories within the Group. The age of the buildings was approximately 29 years. The land is freehold. The four (4) units of one and a half storey terrace factories are not let out. The land and buildings are currently pledged with a licensed bank and it only forms one of the security provided for the overdraft and trade facilities granted by the bank to KHI. Therefore, the Disposal will not affect these banking facilities as there are other security which is adequate to meet the bank’s requirement. (iii) Basis of Arriving at the Consideration The consideration was based on the prevailing market price on an “as is where is basis” and on a valuation carried out by KHI. The valuation was made by an independent registered valuer namely CBRE WTW Valuation & Advisory Sdn. Bhd. [Company No.197401001098 (18149-U)] (formerly known as C H Williams Talhar & Wong Sdn. Bhd.) on the open market basis conducted in April 2019. There are no further liabilities (including contingent liabilities) arising from the Disposal, other than legal fees and some expenses relating to the Disposal. There are also no guarantees given by KHI or the Company to the Purchaser. (iv) Salient Terms and Conditions The land and buildings are sold in their present state and condition and that the Purchaser has satisfied themselves by examining and inspecting the said land and buildings and having inspected the said land and buildings, the Purchaser shall take the same in the condition on an as is where is basis at the time of inspection and KHI hereby covenants and agrees with the Purchaser that the land and buildings shall be in and of substantially the same condition state nature and character [fair wear and tear expected] at the date of delivery of vacant possession as it is at the date of inspection. Payment of consideration, 10% deposit to be paid upon execution of Sale and Purchase Agreement and balance purchase price to be paid upon completion. (v) Utilisation of Proceeds The proceeds from the Disposal will be utilised to fund KHI’s operations in the form of working capital within 1-2 years. (vi) Original Cost and Date of Investment The original cost and the date of investment for the land and buildings are as follows: Address (No.) Particulars of Properties (in Pekan Serdang, Daerah Petaling, Negeri Selangor) Original Cost (RM) Date of Investment 2 Geran 228912, Lot 34526 200,000 3 October 1991 4 Geran 228911, Lot 34525 140,000 3 October 1991 6 Geran 228910, Lot 34524 140,000 3 October 1991 8 Geran 228909, Lot 34523 140,000 3 October 1991 Total 620,000 Rationale of the Disposal ------------------------------------- In order to improve efficiency and for better management, KHI has moved its production operation from the factories at No. 2, 4, 6 and 8, Jalan Indah 2/16, Taman Universiti Indah, 43300 Seri Kembangan, Selangor to other factories within the Group. Since then, KHI has put these land and buildings for sale in the market. The Disposal will allow KHI to realise some gains and cash needed for its working capital in the coming 1-2 years while the Group is expanding its manufacturing operation in Vietnam, among others, construction of new factory and investment in new plant and machinery in Vietnam. Risk Factors ------------------- Save for the normal business and global economic risk, the Board of Directors of KHIB is not aware of any other risk factors which may arise as a result of the Disposal. Financial Effects of the Disposal ------------------------------------------------ (a) Share Capital and Shareholdings of the Substantial Shareholders The Disposal will not have any effect on the share capital of and substantial shareholders’ shareholdings in the Company as the Disposal does not involve any issuance of shares. (b) Net Assets (“NA”) per Share, Earnings, Earnings per Share and Gearing The Disposal will give rise to an estimated net gain on disposal of RM 3.5 million and a positive effect on the earnings per share and net assets per share of KHIB for the financial year ending 30 April 2023. The pro forma effects of the Disposal on the NA per Share and gearing of KHIB Group, assuming the Disposal had been completed by end of the latest financial year ended 30 April 2022 are as follows: (In RM’000) Audited as at 30 April 2022 After the Disposal Share capital 54,450 54,450 Reserves 86,026 89,548 Equity attributable to the owners of the Company 140,476 143,998 Audited as at 30 April 2022 After the Disposal No. of ordinary shares in issue (‘000) 108,900 108,900 NA per Share (RM) 1.29 1.32 Earnings per share (sen) 14.49 17.73 Total borrowings (RM’000) 47,396 47,396 Gearing (times) 0.34 0.33 Expected Date of Completion ------------------------------------------ Barring any unforeseen circumstances, the Disposal is expected to be completed by February 2023. Approval Required --------------------------- The Disposal does not require the approval of the shareholders of KHIB or any relevant authority. Interest of Directors, Major Shareholders and Persons Connected to Them ----------------------------------------------------------------------------------------------------------- To the best of the knowledge of the Directors of KHIB, none of the Directors and/or Major Shareholders of KHIB or persons connected with them, have any interest, direct or indirect, in the Disposal. Statement by the Board of Directors -------------------------------------------------------- The Board of Directors is of the opinion that the Disposal is in the best interest of the Group. Percentage Ratio --------------------------- The highest percentage ratio applicable to the Disposal pursuant to Paragraph 10.02 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements is 22.3% based on the latest audited financial statements of KHIB Group as at 30 April 2022. This Announcement is dated 13 September 2022.

icy97

Type	Announcement
Subject	OTHERS
Description	KEIN HING INTERNATIONAL BERHAD ("KHIB" OR "THE COMPANY") Disposal of Land and Buildings by Kein Hing Industry Sdn. Bhd., a wholly-owned subsidiary of the Company to a third party namely Moon Trading Sdn. Bhd.
Further to the announcement made on 13 September 2022 regarding the disposal of land and buildings by Kein Hing Industry Sdn. Bhd. (“KHI”) to Moon Trading Sdn. Bhd. (“the Disposal”), KHIB wishes to announce further information related to the Disposal as follows: Market Value ------------------- Based on the Valuation Report dated 11 June 2019 issued by CH Williams Talhar & Wong Sdn. Bhd. (Company No. 18149-U), the market value of the four (4) units of KHI’s land and buildings located at No.2, 4, 6 and 8, Jalan Indah 2/16, Taman Universiti Indah, 43300 Seri Kembangan, Selangor (“the subject properties”) as at 30 April 2019 and free of all encumbrances is RM4,500,000 (Ringgit Malaysia Four Million and Five Hundred Thousand) Only. Method of Valuation ----------------------------- The subject properties are valued using the Comparison Approach of Valuation. The Comparison Approach entails analysing recent transactions and asking prices of similar property in and around the locality for comparison purposes with adjustments made for differences in location, accessibility/visibility, size, tenure, shape, and other relevant characteristics to arrive at the market value. This announcement is dated 14 September 2022.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Jul 2022

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jul 2022	31 Jul 2021	31 Jul 2022	31 Jul 2021
		$$'000	$$'000	$$'000	$$'000

1	Revenue	80,875	45,757	80,875	45,757
2	Profit/(loss) before tax	7,581	-424	7,581	-424
3	Profit/(loss) for the period	6,415	-431	6,415	-431
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,762	-260	5,762	-260
5	Basic earnings/(loss) per share (Subunit)	5.29	-0.24	5.29	-0.24
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 ($$)	1.3400		1.2900

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Jul 2023

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jul 2023	31 Jul 2022	31 Jul 2023	31 Jul 2022
		$$'000	$$'000	$$'000	$$'000

1	Revenue	80,609	80,875	80,609	80,875
2	Profit/(loss) before tax	7,560	7,581	7,560	7,581
3	Profit/(loss) for the period	6,381	6,415	6,381	6,415
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,736	5,762	5,736	5,762
5	Basic earnings/(loss) per share (Subunit)	5.27	5.29	5.27	5.29
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 ($$)	1.5400		1.4800

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Jan 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jan 2024	31 Jan 2023	31 Jan 2024	31 Jan 2023
		$$'000	$$'000	$$'000	$$'000

1	Revenue	75,372	81,641	230,904	263,331
2	Profit/(loss) before tax	2,749	5,669	17,205	26,865
3	Profit/(loss) for the period	1,707	4,737	13,601	22,359
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,804	4,438	12,643	20,229
5	Basic earnings/(loss) per share (Subunit)	1.66	4.08	11.61	18.58
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 ($$)	1.5900		1.4800