【QL 7084 交流专区】全利资源

icy97

收入多元．全利基本面增强

（吉隆坡1日讯）全利资源（QL，7084，主板消费品组）第三季净利微挫3.14%至5604万令吉，分析员对其看法分歧，尽管上行空间不大，然而多元化收入来源使其基本面强劲。

全利今日走高10仙，收报4令吉55仙。

达证券调低2017与2018财政年财测21.6%与23.6%，因其实际调整税率偏高。丰隆研究因未来蛋价走低，调低2017至2019财政年净收入4%、3%与3%。艾毕斯与联昌研究维持财测。

全家便利店业务
需5年盈亏持平

“全利资源与全家便利店合伙，须5年才能盈亏持平，同期资本开销与成本对盈利与赚益构成负担，预定每年开设10间全家专店。”

艾毕斯说，首9个月棕油活动按年飙38.6%，主要是原棕油价由2094令吉升至2867令吉。

联昌说，占总销售11.3%的第三季棕油活动，税前盈利按年飙100%，足以抵销海产制造业务（MPM）与家畜业务（ILF）赚益各按年挫0.9%与9.4%之窘境。受上述两大业务拖累，9个月净利也挫3.41%至1亿4868万7000令吉。

全利建议以10股送3股的比例，派发3亿7440万8829股红股，联昌认为这由12亿4800万股扩展股本至16亿2200万股，看好此企业活动；除扩大流通性，亦回馈现有股东。

文章来源：
星洲日报‧财经‧报道：张启华‧2017.03.01

icy97

EX-date	13 Mar 2017
Entitlement date	15 Mar 2017
Entitlement time	04:00 PM
Entitlement subject	Special Dividend
Entitlement description	Special Single-Tier Dividend of 3 sen per ordinary share
Period of interest payment	to
Financial Year End	31 Mar 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	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200Kuala LumpurTel:0327839299Fax:0327839222
Payment date	14 Apr 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	15 Mar 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit	15 Mar 2017
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	0.03
Par Value	Malaysian Ringgit (MYR) 0.000

icy97

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES
Description	QL RESOURCES BERHAD ("QL" OR THE "COMPANY")PROPOSED BONUS ISSUE OF 374,408,829 NEW ORDINARY SHARES IN QL ("BONUS SHARE(S)") ON THE BASIS OF THREE (3) BONUS SHARES FOR EVERY TEN (10) EXISTING ORDINARY SHARES HELD IN QL ("QL SHARE(S)" OR "SHARE(S)") ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")
On behalf of the Board of Directors of QL, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake a bonus issue of 374,408,829 Bonus Shares on the basis of three (3) Bonus Shares for every ten (10) existing QL Shares held on an entitlement date to be determined and announced later. Further details on the Proposed Bonus Issue are set out in the attachment below. This announcement is dated 28 February 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5352033

Attachments 01 QL - Proposed Bonus Issue.pdf

icy97

张启华．成“全利”好！

全利资源（QL，7084，主板消费品组）建议以10股送3股的比例，派发3亿7440万8829股红股，联昌研究认为这由12亿4800万股扩展股本至16亿2200万股；看好此企业活动，除扩大流通性，亦回馈现有股东。

利好出尽，全家便利店仍等待耕耘与成长，要盈亏持平需有耐心，毕竟这是长线的策略投资；执行力与商业定位、策略和时间，加上试图与其两大核心业务良好协作，将是在竞争剧烈的零售业中高奏凯歌一大关键。

全利资源在此时此刻发红股，可为平淡无奇的前景注入一些新刺激。相信投资者也默默盼望，能够刺激股价的飙涨，更美的是飙至另一新层次。

在两大核心业务海产制造业务（MPM）与家畜业务（ILF）受大马、印尼消费情绪低迷所挫声中，全利最新公布的第三季业绩，受走高的棕油价带动，基本面向好。

全利股价史上最高为每股4令吉55仙，上周成功打破纪录，高收4令吉65仙。一些分析员预测目标价可走高至4令吉75仙。

作为两家以巴生滨海为基地的企业，投资者很自然的要把全利资源与另一家也是经营鸡肉、鸡蛋业务的丽鸿（LAYHONG，9385，主板消费品组）相比，尽管这是全利的竞争对手，全利也一度欲收购而最终未成。

去年2月，其竞争对手丽鸿拆细与1送1派发红股期间，股价飙至11令吉4仙之高峰，以致市场上有“老鸡也生金蛋”的欢欣戏谑之词！在期权日前夕的2016年10月11日，则回落到10令吉20仙。

很多散户也可能分持丽鸿与全利股票，在丽鸿尝到甜头后，当然也企盼这发生在全利资源而左右逢源，这是挺自然的心态！

丽鸿在拆细至每股至80仙，另发6641万新股后，很多投资者继续在市场寻寻觅觅，以更低的门槛，期昐再升至2令吉。

市场上有很多以鸡肉、鸡蛋与相关食品为主的股项，对很多投资者来说，不管黑鸡、白鸡，能够下金蛋的便是好鸡。

一些金鸡股可能3年、5年、7年乃至10年下一大金蛋，问题是投资者愿意耐心等待吗？

文章来源：
星洲日报‧投资致富‧投资茶室‧文：张启华‧2017.03.05

icy97

全利资源1182万售产业公司

2017年3月18日
（吉隆坡17日讯）全利资源（QL，7084，主板消费产品股）以1182万4750令吉，脱售QL KK产业私人有限公司（QLKK）约61.97%股权。

这符合全利资源的策略，以分拆产业发展活动，把焦点放在核心业务上。

全利资源向交易所报备，独资子公司QL Feedingstuffs私人有限公司与利益相关者Ruby Technique私人有限公司签署脱售股权协议，脱售QLKK的233万股。

Ruby Technique是全利资源大股东的私人投资公司。

一旦完成脱售，涉及投资控股业务的QLKK就不再是全利资源的子公司，而成为联号公司。

同时，全利资源预计从脱售活动录得949万5000令吉净利，而一旦执行收购或脱售选择权，预计将进一步脱售剩余143万股并取得582万7000令吉净利。【e南洋】

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	QL RESOURCES BERHAD (QL OR THE COMPANY)DISPOSAL OF EQUITY INTEREST IN QL KK PROPERTIES SDN. BHD. (QLKK) A WHOLLY OWNED SUBSIDIARY OF QL FEEDINGSTUFFS SDN. BHD. (QLF) TO A RELATED PARTY NAMELY RUBY TECHNIQUE SDN. BHD. (RT) FOR A CASH CONSIDERATION OF RM11,824,750
Pursuant to Paragraph 9.19 (24) and 10.08 (1) of the Bursa Malaysia Securities Berhad ("Bursa Securities') Main Market Lisitng Requirements ("Main LR"), the Board of Directors of QL, wishes to announce that on 17 March 2017, QL's wholly owned subsidiary, QL Feedingstuffs Sdn. Bhd. has entered into a Share Sale Agreement ("SSA") with its related party namely Ruby Technique Sdn. Bhd. to dispose of approximately 61.97% equity interest in QL KK Properties Sdn. Bhd. comprising of 2,330,000 ordinary shares ("QLKK Shares") for a cash consideration of RM11,824,750. Please refer to the attachment for further details. This announcement is dated 17 March 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5368469

Attachments Disposal QLKK.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	QL RESOURCES BERHAD (QL OR THE COMPANY) DISPOSAL OF EQUITY INTEREST IN QL KK PROPERTIES SDN. BHD. (QLKK) A WHOLLY OWNED SUBSIDIARY OF QL FEEDINGSTUFFS SDN. BHD. (QLF) TO A RELATED PARTY NAMELY RUBY TECHNIQUE SDN. BHD. (RT) FOR A CASH CONSIDERATION OF RM11,824,750
Further to the announcement released on 17 March 2017, the Board of Directors of QL wishes to provide additional information in regard to the Share Sale Agreement ("SSA") entered by its wholly owned subsidiary, QL Feedingstuffs Sdn. Bhd. with a related party namely, Ruby Technique Sdn. Bhd. to dispose approximately 61.97% equity interest in QL KK Properties Sdn. Bhd. comprising of 2,330,000 ordinary shares ("QLKK Shares") for a cash consideration of RM11,824,750 (the "Disposal"). Please refer to the attachment for further details. This announcement is dated 22 March 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5372625

Attachments Add info-RPT.pdf

icy97

全利资源730万脱售产业臂膀剩余股权
By Billy Toh  / theedgemarkets.com   | March 29, 2017 : 8:33 PM MYT

（吉隆坡29日讯）全利资源（QL Resources Bhd）以约730万令吉，脱售QL KK Properties私人有限公司约38%的剩余股权，此举符合该集团的策略检讨并专注在核心业务上。

根据该集团向大马交易所发布的文告，此脱售协议是QL Feedingstuffs私人有限公司（QLF）将该公司在QL KK Properties的投资套现的一个机会。

QL KK Properties是QLF的独资子公司，并由全利资源独资持有。

今年3月17日，QLF以1180万令吉的现金，将QL KK Properties约61.97%持股权脱售予关联方，即Ruby Technique私人有限公司。

Ruby Tech的董事为谢松贵、Chia Song Swa 和 Chia Seong Fatt，他们也是全利资源的董事。Ruby Tech的股东是CGB Holdings私人有限公司和Farsathy Holdings私人有限公司，这两家公司同时也是全利资源的大股东。

最新的文告显示，QLF和Ruby Tech签订了另一项售股协议，以730万令吉进一步脱售QL KK Properties约38%股权，或相等于143万股。

“一旦行使卖出期权（put option），脱售其余143万股预计可获得582万7000万令吉的收益。这笔资金可充作集团的营运资本。”

（编译：倪嫣鴽）

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	QL RESOURCES BERHAD (QL OR THE COMPANY)DISPOSAL OF THE REMAINING EQUITY INTEREST IN QL KK PROPERTIES SDN. BHD. (QLKK) A WHOLLY OWNED SUBSIDIARY OF QL FEEDINGSTUFFS SDN. BHD. (QLF) TO A RELATED PARTY NAMELY RUBY TECHNIQUE SDN. BHD. (RT) FOR A CASH CONSIDERATION OF RM7,257,250
Further to the announcements made on 17 March 2017 and 22 March 2017, the Board of Directors of QL, wishes to announce that on 29 March 2017, QLF has entered into another Share Sale Agreement with its related party, RT to further dispose of approximately 38.03% equity interest being the remaining shares in QLKK comprising of 1,430,000 ordinary shares for a cash consideration of RM7,257,250. Please refer to the attachment for further details. This announcement is dated 29 March 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5379041

Attachments Announcement-Disposal of the remaining QLKK shares.pdf

icy97

全利资源印尼设子公司

2017年5月13日
（吉隆坡12日讯）全利资源（QL，7084，主板消费产品股）进一步拓展印尼业务，宣布在印尼成立子公司——印尼PT. QLNutri食品。

全利资源向交易所报备，子公司PT. QL Hasil Laut，已在周四接获印尼司法部的有限责任公司契约，允许其成立印尼PT. QLNutri食品。

印尼PT. QLNutri主要业务，是鱼糜和鱼糜制品贸易。

全利资源表示，成立子公司属于拓展印尼业务的其中一环，投资额将从内部和通过借贷筹得。【e南洋】

Type	Announcement
Subject	OTHERS
Description	Incorporation of a new subsidiary
Pursuant to paragraph 9.19 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of QL Resources Berhad (“QL”) wishes to announce that QL’s wholly-owned subsidiary, PT. QL Hasil Laut (“PTHL”) had on 11 May 2017 received the deed of a limited liability company issued by the Minister of Justice of the Republic of Indonesia on 2 March 2017 for the incorporation of a wholly-owned subsidiary known as PT. QLNutri Foods Indonesia (“QLNutri”), in Indonesia (hereinafter referred to as the “Incorporation”). The authorised capital of QLNutri is IDR10,000,000,000 comprising 10,000 shares at IDR1,000,000 each and paid up capital of IDR5,000,000,000 comprising 5,000 shares at IDR1,000,000 each. Its intended principal activities are trading in surimi and surimi-based products. QLNutri’s shareholders and their shareholding are as follows:- Name No. of share held % Shareholding PT. QL Hasil Laut 4,950 99 QL Fishery Sdn. Bhd. 50 1 The composition of the director and commissioner of QLNutri are as follows:- Name Position held Chia Song Kooi President Director Chia Soon Lai Director Cheah Juw Teck Commissioner The Incorporation is part of QL's business expansion plan in Indonesia. The investment in QLNutri will be financed via internally generated funds and borrowings. The Incorporation shall not have any effect on the issued and paid up capital of QL and no material effect on net tangible assets, gearing and earnings of the Group for the financial year ended 31 March 2017. The Incorporation is not subject to any approvals from regulatory bodies or the shareholders of QL. The Directors of QL are of the opinion that the Incorporation is in the best interest of QL. None of the Directors or substantial shareholders of QL, or persons connected to them has any interest, direct or indirect, in the Incorporation. This announcement is dated 12 May 2017.

icy97

种植盈利加速增长．全利资源前景看俏

（吉隆坡11日讯）全利资源（QL，7084，主板消费品组）旗下种植园丘果树日趋成熟，艾芬黄氏研究相信在产量和价格双高下，种植业务税前盈利将加速增长，而集团跨足便利店业务也有望使海事产品制造业务间接受惠，总体业务前景看俏。

艾芬黄氏研究表示，全利资源业务涵盖海事产品制造、综合牲畜养殖和种植3大类，相信随着果树年龄趋向成熟，有望带动种植业务盈利增长，加上跨足便利店行业利多，将是股价关键重评催化因素。

目前，全利资源在沙巴和印尼从事种植业务，其中后者果树年龄尚轻，因此随着果树年轻趋向成熟，鲜果串产量有望增加，加上原棕油价涨势未歇，预见种植业务2016至2019财政年税前盈利复合年均增长率（CAGR）将达到42%。

与此同时，全利资源在2016年4月引进日本全家便利店，艾芬黄氏研究认为，相关业务至少需要6年才能获利，但相信海事产品制造业务将可从中受惠。

“基于需求增加，全利资源现正扩充冰冻鱼浆（Surimi）相关产品，相信高度电动化效率和经济规模，将为集团带来更高的赚益。”

虽然渔获可能因过度捕捞减少，但艾芬黄氏研究说，全利资源已开始投资鲜虾养殖来解决问题。

至于主要收入来源的综合牲畜养殖，该行指出，马币走疲推高饲料成本，但相关成本将可转嫁消费者，而马币回扬将为集团带来好处。

“鸡蛋价格因供需问题持续震荡，但我们相信领域正整合来汰弱留强，可能改善长期价格。”

综合上述原因。艾芬黄氏研究相信全利资源多元化消费业务将可过度困境，因此给予其“买进”评级，目标价为5令吉56仙。

文章来源：
星洲日报‧财经‧报道：洪建文‧2017.05.11

icy97

全利资源末季净利年增24% 原棕油价格上涨
Ahmad Naqib Idris/theedgemarkets.com
May 29, 2017 19:55 pm MYT

（吉隆坡29日讯）在原棕油（CPO）价格上涨及脱售收益的带动下，全利资源（QL Resources Bhd）2017财政年末季净利按年增长24%至4727万令吉，上财年同季净赚3814万令吉。

2017财年末季（截至3月31日止）营业额报8亿1373万令吉，上财年同季录得7亿7022万令吉，涨幅为6%。

由于原棕油价格上涨，加上印尼子公司的鲜果串（FFB）产量增加，全利资源表示，集团旗下的棕油活动业务销售额因而扩增45%。

然而，该集团的海产制造业务却因整体捕鱼量降低，造成鱼肉酱（surimi）和鱼粉制造部的销量及盈利贡献较低。

与此同时，越南家禽业务子公司及印尼饲料厂的营收贡献增加，以及脱售投资产业获得的收益，该集团的综合家禽牧业业务盈利随之上涨。

总结2017财年的业绩表现，全利资源净利年增2%至1亿9592万令吉，同期累计1亿9208万令吉；营业额也按年走升6%至30亿1000万令吉，同期共计28亿5000万令吉。

“如无任何意外的话，集团管理层有信心2018财年首季将取得令人满意的业绩表现。”

（编译：倪嫣鴽）

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2017

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

1	Revenue	813,730	770,217	3,012,026	2,853,924
2	Profit/(loss) before tax	61,589	49,476	260,511	249,481
3	Profit/(loss) for the period	48,511	41,098	206,820	201,761
4	Profit/(loss) attributable to ordinary equity holders of the parent	47,237	38,135	195,921	192,079
5	Basic earnings/(loss) per share (Subunit)	3.78	3.06	15.70	15.39
6	Proposed/Declared dividend per share (Subunit)	4.25	4.25	7.25	4.25
		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 ($$)	1.4000		1.2800

icy97

全利资源
净利长期看涨

2017年5月31日

分析：JF APEX证券
目标价：4.60令吉

最新进展

全利资源（QL，7084，主板消费产品股）截至3月底末季，净利按年大涨23.87%，达4723万7000令吉，或每股3.78仙。

同时，营业额报8亿1373万令吉，从去年同期的7亿7021万7000令吉，按年增长5.65%。

全年方面，净利年增2%，报1亿9592万1000令吉，或每股15.70仙；营业额涨5.54%，至30亿1202万6000令吉。

行家建议

近期全利资源的盈利增幅有限，因生意环境具挑战，影响海产制造业务。

同时，印尼养鸡场产量低，综合家畜业务增长料放缓。且海产制造业务拖累，首季营业额和净利只录得单位数增长。

我们预计，海产制造业务近期持续受压，导致贡献走低，因此减少2018财年净利预测6%。

不过，棕油活动和综合家畜业务表现强劲，促使今财年全年净利符合预期，占预测的101.3%。

且棕油活动业务增长稳定，加上综合家畜业务持续扩展，长远来看，净利会逐渐提升。维持“守住”评级，上调目标价至4.60令吉。



【e南洋】

icy97

全利资源前景如何？

阿翔问：

全利资源（QL，7084，主板消费品）最新业绩如何？前景可好？还能继续持有吗？

答：全利资源最新公布的第四季净利起24%至逾4723万令吉，不过，基于海产加工业务受挫，新贡献的棕油价量升碍难持续，分析员对其前景看法参差不一。

多数分析员调低未来财测或持保守态度，较乐观的MIDF研究相信未来可因综合农场业务（ILF）与种植业务复苏，可捎来更佳业绩。

全利资源末季业绩起24%，海产收获少而影响海产加工营收减2%、税前盈利按年跌36.4%，全年税前盈利亦按年跌13.4%。

全利综合农场业务营收扬2.4%、海外越南与印尼家禽与饲料业务亮眼，乃至脱售投资资产之利，末季综合农场业务税前盈利按年飙133.1%。

丰隆研究说，海产加工与综合农场业务是全利核心业务，约占全利税前盈利的80%；丰隆因而调低2018至2020年核心收益预测5%，主要是预测蛋价下跌。

肯纳格研究调低2018财政年财测7%，对其各业务表现持保守态度。肯纳格说，尽管海产加工之鱼产捕获少而担忧减少赚益，不过基于需求具韧力和出口市场之汇率利好，可让贡献持稳。

棕油的贡献可能为末季带来利好，不过在棕油价潜在调整后，这股利好恐很快消逝。

肯纳格认为综合农场的家禽业务向好，特别从海外营运可享有更大市场与更廉成本；“全家”便利店是投资，短时期难显著贡献。

股价已超出基本面

丰隆也认为全利是基本面强劲和管理良好公司，成长纪录良好、收入来源多元，不过却也认同其股价已超出基本面。

分析员主要是给予持有和售出两种评级，目标价是介于4令吉14仙至4令吉62仙。

文章来源：
星洲日报‧投资致富‧投资问诊‧文：李文龙‧2017.06.11

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3利好带动‧全利财测评级上调

（吉隆坡9日讯）全利资源（QL,7084,主板消费品组）海产及家畜产能增加、棕油进入成熟期及便利店业务扩展料支撑中期成长，分析员上调财测评级。

肯纳格研究与管理层会面后，对该公司主要业务长期策略感到安心，看好海产及家畜产能增加、较高棕油园区成熟组合及便利店业务扩张组合将支撑短期成长。

为扩展鱼浆产品制造产能至每年3万5000吨，该公司放眼在2018财政年杪完成建设Hutan Melintang新厂房，并有意在5年内扩大深海渔船团队50%及强化冷冻海鲜处理分销竞争力。

该公司棕油上游业务90%位于印尼，2016财政年约有45%已在成熟阶段。

2017财政年，其高鲜果串产能支撑棕油销售按年成长15%，亦受惠于原棕油价复苏。

这促使肯纳格看好，在现有成熟棕油组合支撑下，鲜果串产能有望在2018财政年改善40%。

为支撑利润，该公司计划在东马及古晋建设养殖场，把多余产能卖给市场。由于越南需求强劲，该集团有意提升设施，于2018财政年改善日产能30%。

全利资源的便利店业务，截至目前已开设12间分店。2018财政年该公司放眼开30间店，5年开300间。

以分店鲜食比例来看，该公司有信心，目前低使用率的中央厨房可应付分店扩张步伐。

肯纳格对该公司持续强化营运及市场基础措施感到欣慰，认为在经济环境挑战及市场情绪不稳定期间，减少依赖单一市场是必要的。

虽然管理层对上述计划展望正面，但肯纳格保守看待成长潜能，因较高成长潜能不一定可在短期内带来高需求。

尽管如此，肯纳格相信，该集团可长期保持其市场领导地位。

因较高综合家畜及棕油业务预测，肯纳格微幅上调2018及2019财政年盈利预测1%及2%。为反映新业务，上调评级至“符合大市”，目标价从4令吉30仙调升至4令吉70仙。

文章来源：
星洲日报／财经·文：郭晓芳·2017.06.09

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Type	Announcement
Subject	OTHERS
Description	-Acquisition of new subsidiary namely Haji Hussin Markom Sdn. Bhd. by QL Ansan Poultry Farm Sdn. Bhd., a subsidiary of QL Resources Berhad (QL)
INTRODUCTION Pursuant to paragraph 9.19 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of QL Resources Berhad (“QL”) wishes to announce that its subsidiary, QL Ansan Poultry Farm Sdn. Bhd. (“QLAPF”) had on 15 June 2017 entered into a Joint Venture and Shareholders Agreement to acquire 60% equity interest in Haji Hussin Markom Sdn. Bhd. (Company No. 747713-M) (“HHM”), comprising of sixty thousand (60,000) ordinary shares from Hussin Bin Markom, Ahmad Azlam Bin Jikan and Mohd Azalan Bin Hussin (“Existing Shareholders”) at a purchase price of RM480,000.00 (the “Acquisition”). Upon completion of the Acquisition, HHM would become a subsidiary of QLAPF. INFORMATION ON HHM Haji Hussin Markom Sdn. Bhd. (Company No. 747713-M) is a private company duly incorporated in Malaysia and having its principal place of business at No. 15, Jalan Bakawali 2B, Sek BS10, Bukit Sentosa 3, 48300 Rawang, Selangor Darul Ehsan. HHM is engaged in the business of farming, agriculture and cultivation of land. The following agriculture land have been approved for alienation to HHM for a term of 99 years by Pejabat Tanah Hulu Selangor:- (i) PT 10055 to PT 10058 measuring an area of 3.572 hectares; (ii) PT 10033 to PT 10037, PT 10049 to PT 10051 and PT 10053 to PT 10054 measuring an area of 8.316 hectares; both in Mukim Ulu Yam, Daerah Hulu Selangor, Selangor (the "Agriculture Land"). The Existing Shareholders are the registered and beneficial owners of all the Shares in HHM as follows: Hussin Bin Markom                 :           40,000 shares (40%) Ahmad Azlam Bin Jikan          :           30,000 shares (30%) Mohd Azalan Bin Hussin         :           30,000 shares (30%) It is intended that upon completion of the Acquisition, the shareholding structure in HHM shall be as follows: QLAPF                                    :           60,000 shares (60%) Hussin Bin Markom                 :           15,000 shares (15%) Ahmad Azlam Bin Jikan          :           15,000 shares (15%) Mohd Azalan Bin Hussin         :           10,000 shares (10%) SALIENT TERMS   The Acquisition is subject to and conditional upon the following conditions: (i) satisfactory survey on the Agriculture Land and due diligence on the approval of the alienation of the Agriculture Land and the conditions thereof to be conducted by QLAPF; (ii) QLAPF having conducted a legal, financial, tax and operational due diligence review on the affairs of HHM and being reasonably satisfied with the due diligence findings thereof. The Acquisition shall only become effective on the date the last of the conditions stipulated above having been duly satisfied, fulfilled, or waived by QLAPF. The Purchase Price is arrived at based on a willing buyer-willing seller basis, taking into consideration the prospect of HHM being alienated with and owning the Agriculture Land. The Purchase Price shall be fully satisfied in cash terms in the following manner: (i) a refundable deposit sum of Ringgit Malaysia Forty Eight Thousand (RM48,000.00) only shall be paid by QLAPF to the Existing Shareholders as deposit and part payment towards the Purchase Price; (ii) the balance of the Purchase Price amounting to Ringgit Malaysia Four Hundred and Thirty Two Thousand (RM432,000.00) shall be paid by QLAPF to the Existing Shareholders within fourteen (14) days after the conditions precedent have been fulfilled. The Purchase Price shall be paid by QLAPF to each of the Existing Shareholders in proportion to the percentage of their share of the Sale Shares. Upon completion of the Acquisition, QLAPF and the Existing Shareholders intend to jointly pursue and undertake the farming, agriculture and cultivation of the Agriculture Land and all such other businesses relating thereto, using HHM as the vehicle for their joint venture.    SOURCE OF FUNDING The Acquisition would be financed via internally generated funds and borrowings. FINANCIAL EFFECTS The Acquisition does not have any effect on the issued and paid up share capital of QL and has no material effect on net tangible assets, gearing and earnings of QL Group for the financial year ended 31 March 2016. STATEMENT BY THE BOARD OF DIRECTORS The Directors of QL are of the opinion that the Acquisition is in the best interest of QL. APPROVAL REQUIRED The Acquisition is not subject to QL’s shareholders’ approval. DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTEREST None of the directors and/or substantial shareholder of QL, or persons connected to such director and/or substantial shareholders has any interest, direct or indirect, in the Acquisition. The highest percentage ratio is 0.03%. This announcement is dated 15 June 2017.

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QL RESOURCES BERHAD

EX-date	08 Sep 2017
Entitlement date	12 Sep 2017
Entitlement time	04:00 PM
Entitlement subject	Final Dividend
Entitlement description	Final single tier dividend of 4.25 sen per ordinary share
Period of interest payment	to
Financial Year End	31 Mar 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	Tricor Investor & Issuing House Services Sdn BhdUnit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar SouthNo. 8, Jalan Kerinchi, 59200 Kuala LumpurTel: 03-27839299Fax: 03-27839222
Payment date	20 Sep 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	12 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	0.0425

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70%鱼浆进口．全利资源成本增多

（吉隆坡7日讯）尽管全利资源（QL，7084，主板消费品组）未来将耗资8000万令吉扩大产能，以驱动出口成长，惟近期本地原料不足，需引进海外原料，进而导致成本增加。

达证券参观该公司霹雳工厂后表示，全利资源30%的鱼浆来自该工厂，余下70%则来自越南、美国及印尼进口。近期霹雳工厂的鱼浆供应不足，以致全利资源需要从国外进口更多的鱼浆，这也意味进口成本及汇率走势，影响了盈利表现。

达证券说，霹雳工厂70%的产品在本地销售，余下30%则出口至海外，包括日本、加拿大及韩国。全利资源未来将大力发展出口业务，减少对本地业务的依赖，以驱动盈利成长。

全利资源管理层透露，未来将拨出约8000万令吉的资本开销，以提升霹雳工厂的产能，并预计2018财政年时可竣工，届时年产能将高达5万吨，并反映在2019财政年。达证券相信，上述产能将用于出口，并推高营业额的成长。

达证券认为，全利资源旗下的海产品制造2012至2017财政年的营业额复合成长率（CAGR）为16.7%，预期2018至2020财政年的平均成长为8.5%，赚幅可维持在17%。

达证券决定调高该公司2018及2019财政年的盈利成长，成长幅度不超过3%，并预期未来透过出口业务的成长，可驱动2020财政年的核心盈利走高11.4%。

基于盈利漂浮，达证券按综合估值法估值后，目标价从4令吉41仙调低至4令吉32仙，评级保持“卖出”。

文章来源：
星洲日报‧财经‧报道：谢汪潮‧2017.08.07

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全利资源首季赚4221万

2017年8月25日
（吉隆坡24日讯）全利资源（QL，7084，主板消费产品股）截至6月杪首季，净利持平在4221万1000令吉或每股3.38仙。

全利资源向交易所报备，同期营业额则按年微涨6.77%，报7亿7847万3000令吉。

当季海产产品制造（MPM）业务销售微跌，主要是因为在埃尔尼诺后，我国海域尤其是亚庇的鱼量减少。

基于以上原因，海产产品制造业务的净利也减少11%。

棕油相关业务销售增加30%，主要是因为公司本身鲜果串产量，以及印尼厂房处理的鲜果串增加。

尽管有新业者加入饲料原料行业，不过，综合家畜业务销售，依然增加23%，归功于饲料原料贸易的销售贡献走高。【e南洋】

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2017	30 Jun 2016	30 Jun 2017	30 Jun 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	778,473	669,536	778,473	669,536
2	Profit/(loss) before tax	50,367	52,795	50,367	52,795
3	Profit/(loss) for the period	44,295	41,289	44,295	41,289
4	Profit/(loss) attributable to ordinary equity holders of the parent	42,211	42,125	42,211	42,125
5	Basic earnings/(loss) per share (Subunit)	3.38	3.38	3.38	3.38
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 ($$)	1.4300		1.4000

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QL RESOURCES BERHAD

EX-date	08 Sep 2017
Entitlement date	12 Sep 2017
Entitlement time	05:00 PM
Entitlement subject	Bonus Issue
Entitlement description	Bonus Issue of 374,408,829 new ordinary shares in QL Resources Berhad ("QL") ("Bonus Share(s)") on the basis of 3 Bonus Shares for every 10 existing ordinary shares held in QL ("QL Share(s)" or "Share(s)") at 5.00 p.m. on 12 September 2017
Period of interest payment	to
Financial Year End	31 Mar 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	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200 Kuala LumpurTel: (03) 2783 9299Fax: (03) 2783 9222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	12 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	Ratio
Ratio	3 : 10

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蛋价回稳 棕油价升
全利下半年业绩看俏

2017年8月25日
（莎阿南25日讯）基于鸡蛋价格开始回升，加上原棕油价格看涨，全利资源（QL，7084，主板消费产品股）预计，2018财年下半年的业绩表现会更好。全利资源董事经理谢松坤，今日在股东大会后向媒体表示：“鸡蛋价格从这个月开始回升，因为国际价格反弹，以及欧洲国家最近并未出口至香港。”

“过去7至8个月，半岛鸡蛋价格下跌，因为本地产量过剩及国际价格走低。过去3个月，鸡蛋价格曾跌至22仙。”

公司一直有出口鸡蛋至香港，不过，美国现在也以较低的价格出口鸡蛋至香港。因此，该公司很难与外国业者竞争。

不过，他说鸡蛋价格目前已经回升了30至40%。

谢松坤预计，今年7月至9月（2018财年次季），鸡蛋价格将会持续疲软，然而他相信，从今年10月开始，整个鸡蛋市场将会变得更好。

2017财年，全利资源每日的鸡蛋产量达460万个，而这与2016财年的产量不相上下。当中，生产最多的是B级与C级鸡蛋。

公司的鸡蛋主要是批发至本地市场，另有超过三份之一是出口至印尼及越南。

全利资源的主要业务，包括综合家畜（ILF）业务、海产产品制造（MPM）业务以及棕油业务（POA）业务。

根据2017财年年报，综合家畜业务占该公司营业额59.2%，而海产产品制造业务及棕油业务，则分别贡献29.1%与11.7%。

谢松坤说，整体上看来，公司位于印尼的棕油种植产量显著增长，许多油棕树进入成熟期。

海外进口鱼类

“原棕油价格目前处在每吨2600令吉非常好，我们认为下半年还会持续上升。”

另一方面，谢松坤认为海产产品制造业务，不会拖累公司业绩表现，公司本财年首季面对的问题，是鱼量减少。

全利资源副董事经理谢松贵补充，公司可以从海外进口鱼类以生产鱼糜产品。

谢松贵表示：“去年，我们已从海外进口3000吨的鱼。”

不过，未来公司将视价格及其他情况，才决定是否继续从海外进口鱼。

增设10全家分店

全利资源执行董事谢立凯，放眼在2018财年再多开10间全家便利店（FamilyMart）。

他说：“目前，我们拥有20间全家便利店。公司2018财年的目标，是拥有30间全家便利店。”

谢立凯表示，公司将专注在巴生谷，不过，仍会继续探讨在巴生谷以外地区，以增设便利店。

去年4月，全利资源子公司Maxincome资源，与日本“全家便利店”签署区域特许经营协议，将全家便利店引进大马。【e南洋】

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全利资源次季多赚18%

2017年11月28日
（吉隆坡27日讯）全利资源（QL，7084，主板消费产品股）截至9月30日次季，净利年增18.37%至5980万6000令吉，或每股4.79仙。

营业额则报8亿891万2000令吉，年增10.86%。

全利资源今日向交易所报备，次季海产产品制造（MPM）业务销售微跌，主要是因为在埃尔尼诺后，我国海域尤其是亚庇的鱼量减少。

半年赚1亿

累计首半年，净利年增10.11%至1亿201万7000令吉；营业额年涨13.45%至15亿8738万5000令吉。

基于以上原因，海产产品制造业务的净利也减少19%。

不过，棕油相关业务销售增加14%，原因是鲜果串产量和处理的鲜果串增加。

以上原因加上原棕油价格走高，推高当季棕油相关业务净利18%。

至于综合家畜业务（ILF）销售则增加16%，归功于饲料原料贸易销量提高，及印尼家禽业务较高的销售贡献，净利也增26%。

管理层依然看好第三季业绩能持续令人满意。【e南洋】

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2017	30 Sep 2016	30 Sep 2017	30 Sep 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	808,912	729,697	1,587,385	1,399,233
2	Profit/(loss) before tax	71,243	70,711	121,610	123,506
3	Profit/(loss) for the period	62,192	55,894	106,487	97,183
4	Profit/(loss) attributable to ordinary equity holders of the parent	59,806	50,524	102,017	92,649
5	Basic earnings/(loss) per share (Subunit)	4.79	4.05	8.17	7.42
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 ($$)	1.4100		1.4000