【TWL 7079 交流专区】（前名 TIGER ）

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TIGER SYNERGY BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	ESOS
Details of corporate proposal	EMPLOYEES' SHARE OPTION SCHEME
No. of shares issued under this corporate proposal	17,850,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.0830
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	1,456,310,583
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 236,836,140.740
Listing Date	07 Feb 2020

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Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	TIGER SYNERGY BERHAD ("TIGER" OR THE "COMPANY")(I)         PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS; AND(II)        PROPOSED PRIVATE PLACEMENT OF SHARES WITH WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of Tiger (“Board”), SJ Securities Sdn Bhd (“SJ Securities”) wishes to announce that the Company proposes to undertake the following: proposed renounceable rights issue of up to 738,436,538 new ordinary shares in Tiger (“Tiger Share(s)”) (“Rights Share(s)”) on the basis of one (1) Rights Share for every two (2) existing Tiger Shares held at an entitlement date to be determined later, together with up to 738,436,538 free detachable warrants (“Warrant(s)-D”) on the basis of one (1) Warrant-D for every one (1) Rights Share subscribed (“Proposed Rights Issue of Shares with Warrants”); and proposed private placement of up to 664,592,884 new Tiger Shares (“Placement Share(s)”), representing approximately of up to 30% of the enlarged issued shares of Tiger together with up to 664,592,884 Warrants-D on the basis of one (1) Warrant-D for every one (1) Placement Share to be subscribed by potential investors after the Proposed Rights Issue of Shares with Warrants (“Proposed Private Placement of Shares with Warrants”). Kindly refer to the attachment for the further details on the Proposals. The announcement is dated 12 February 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3023012

Attachments Tiger - Initial Announcement 12022020.pdf

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Type	Announcement
Subject	OTHERS
Description	TIGER SYNERGY BERHAD ("TIGER" or "THE COMPANY") - Clarification on news articles published on the Edge and the Star
Reference is made to the news article entitled "Safari Alliance files suit to prevent hijack of Tiger Synergy EGM "published on the Edges on 17 February 2020 (“The Edge Articles”) and the news article entitled "Safari files suit against Tiger Synergy" published on the Star on 18 February 2020 (“the Star News”). It was mentioned in the Edge Articles and the Star News that the Company’s Extraordinary General Meeting which is scheduled to be held on 20 February 2020 (“Company EGM”) was to hijack the Extraordinary General Meeting called by Safari Alliance Sdn Bhd (“Safari”) which is scheduled to be held on 2 March 2020 (“Safari EGM”) and that Safari has filed a suit to invalidate the Company EGM (“Safari’s suit”).   The Board of Directors of the Company (“the Board”) wishes to clarify that:- by a Notice of Extraordinary General Meeting dated 2 January 2020 issued by Safari, Safari is seeking to convene an Extraordinary General Meeting (“EGM”) on 2 March 2020 to move resolutions for the appointment to and/or removal of the directors from the Board of the Company (“Safari EGM”); on 13 January 2020 and 14 January 2020, various shareholders of the Company sought to appoint directors to the Board of the Company. To accommodate the multiple requests received from the various shareholders for the appointment to and/or removal of directors, the Board of Directors of the Company decided to convene one EGM on 20 February 2020 to facilitate the tabling of all the proposed resolutions (which includes the resolutions proposed by Safari) for the consideration of the Company’s shareholders in an orderly manner (“Company EGM”); by a letter dated 20 January 2020 issued by the Company to Safari, the Company had informed Safari of the Tiger Synergy EGM and requested Safari to withdraw Safari EGM as all the resolutions proposed by Safari have already been incorporated into Tiger Synergy EGM and also to avoid any confusion that may cause to the shareholders of the Company; Safari had, on 31 January 2020, informed the Company that Safari refused to withdraw Safari EGM without providing any reason; in the circumstances, the Company EGM is convened in the best interest of Safari and the rests of the shareholders as it is held to accommodate all the multiple requests from various shareholders and to allow the shareholders to decide the composition of the Board of Directors of the Company at one single forum instead of in piece meal fashion. There is no question of hijacking as alleged by Safari as it was done in the best interest of the Company; the Board believes it is an important feature of corporate democracy and transparency to allow the shareholders to decide on the composition of directors to represent the Company. For that reason, the Board is of the view that since Safari’s resolutions have already been incorporated into the Company EGM, the Safari EGM has now become redundant. In this regard, the Company had on 14.2.2020, filed a suit to nullify and/or stop the Safari EGM; and the Board also believes that Safari’s suit is, in fact, an attempt to prevent the rest of the shareholders from considering the composition of directors of the Company in one forum. It is, therefore, improper and is contrary to the best practices of the corporate governance. This announcement is dated 18 February 2020.

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TIGER SYNERGY BERHAD

Date of change	26 Feb 2020
Name	MISS TAN LEE CHIN
Age	50
Gender	Female
Nationality	Malaysia
Designation	Deputy Chairman
Directorate	Executive
Type of change	Others
Description	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	LLB	University of Northumbria	United Kingdom

Working experience and occupation	Ms Tan Lee Chin graduated with an Honours Degree in LLB from the University of Northumbria, United Kingdom. She started her career in the property development and construction industry since 1993. Ms Tan Lee Chin has an extensive experience in the field of constructions, property development, financial, marketing, business management and corporate restructuring.
Family relationship with any director and/or major shareholder of the listed issuer	1. Ms Tan Lee Chin is the sister of Dato' Tan Wei Lian who is the Executive Chairman of Tiger Synergy Berhad.  2. Ms Tan Lee Chin also is the sister in law of Datin Sek Chian Nee who is the Executive Director of Tiger Synergy Berhad.
Any conflict of interests that he/she has with the listed issuer	NIL
Details of any interest in the securities of the listed issuer or its subsidiaries	Ms. Tan Lee Chin hold 10,334,175 ordinary shares (direct interest) and 211,957,959 ordinary shares (indirect interest) in Tiger Synergy Berhad.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		Three Months	Three Months	Eighteen Months	Twelve Months
		01 Oct 2019 To	01 Oct 2018 To	01 Jul 2018 To	01 Jul 2017 To
		31 Dec 2019	31 Dec 2018	31 Dec 2019	30 Jun 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	890	4,868	19,939	0
2	Profit/(loss) before tax	-8,100	502	-8,765	0
3	Profit/(loss) for the period	-8,140	501	-8,805	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	-8,140	501	-8,805	0
5	Basic earnings/(loss) per share (Subunit)	-0.62	0.08	-0.67	0.00
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 ($$)	0.2300		0.5200

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TIGER SYNERGY BERHAD

Particulars of substantial Securities Holder

Name	MR GOH CHING MUN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	02 Mar 2020	35,388,400	Disposed	Direct Interest
	Name of registered holder	Goh Ching Mun
	Address of registered holder	No.11, Flora Tropika, Lorong Tun Dr. Ismail, 30350 Ipoh, Perak.
	Description of "Others" Type of Transaction
2	03 Mar 2020	500,000	Disposed	Direct Interest
	Name of registered holder	Goh Ching Mun
	Address of registered holder	No.11, Flora Tropika, Lorong Tun Dr. Ismail, 30350 Ipoh, Perak
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposal of Ordinary Shares through Open Market
Nature of interest	Direct Interest
Direct (units)	134,601,000
Direct (%)	9.19
Indirect/deemed interest (units)	150,200,000
Indirect/deemed interest (%)	10.255
Total no of securities after change	284,801,000
Date of notice	04 Mar 2020
Date notice received by Listed Issuer	04 Mar 2020

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Name	DATO' TAN WEI LIAN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	28 Feb 2020	31,893,800	Disposed	Direct Interest
	Name of registered holder	Dato' Tan Wei Lian
	Address of registered holder	Lot 5084, Jalan Kilat, 70200 Seremban, Negeri Sembilan, Malaysia
	Description of "Others" Type of Transaction
2	28 Feb 2020	30,000,000	Disposed	Direct Interest
	Name of registered holder	Dato' Tan Wei Lian
	Address of registered holder	Lot 5084, Jalan Kilat, 70200 Seremban, Negeri Sembilan, Malaysia
	Description of "Others" Type of Transaction
3	28 Feb 2020	475,000	Disposed	Indirect Interest
	Name of registered holder	Datin Sek Chian Nee
	Address of registered holder	Lot 5084, Jalan Kilat, 70200 Seremban, Negeri Sembilan, Malaysia
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	1 Disposal of Ordinary Shares through Open Market2 Disposal of Ordinary Shares via Direct Business Transaction  3 Disposal of Ordinary Shares through Open Market by his spouse, Datin Sek Chian Nee
Nature of interest	Direct and Indirect Interest
Direct (units)	111,357,559
Direct (%)	7.603
Indirect/deemed interest (units)	36,403,375
Indirect/deemed interest (%)	2.485
Total no of securities after change	147,760,934
Date of notice	04 Mar 2020
Date notice received by Listed Issuer	04 Mar 2020

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TIGER SYNERGY BERHAD

Particulars of substantial Securities Holder

Name	MR GOH CHING MUN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	04 Mar 2020	41,403,500	Disposed	Direct Interest
	Name of registered holder	Goh Ching Mun
	Address of registered holder	No.11, Flora Tropika, Lorong Tun Dr. Ismail, 30350 Ipoh, Perak
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposal of Ordinary Shares through Open Market
Nature of interest	Direct Interest
Direct (units)	93,197,500
Direct (%)	6.363
Indirect/deemed interest (units)	150,200,000
Indirect/deemed interest (%)	10.255
Total no of securities after change	243,397,500
Date of notice	05 Mar 2020
Date notice received by Listed Issuer	05 Mar 2020

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TIGER SYNERGY BERHAD

Particulars of substantial Securities Holder

Name	SAFARI ALLIANCE SDN BHD
Address	Lot 6.05, Level 6, KPMG Tower 8, First Avenue, Bandar Utama Petaling Jaya 47800 Selangor Malaysia.
Company No.	1330373-A
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	05 Mar 2020	52,107,600	Disposed	Direct Interest
	Name of registered holder	Safari Alliance Sdn Bhd
	Address of registered holder	Lot 6.05, Level 6, KPMG Tower 8, First Avenue, Bandar Utama, Petaling Jaya, 47800 Selangor
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposal of Ordinary Shares through Open Market
Nature of interest	Direct Interest
Direct (units)	98,092,400
Direct (%)	6.697
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	98,092,400
Date of notice	06 Mar 2020
Date notice received by Listed Issuer	06 Mar 2020

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Notice of Person Ceasing (Section 139 of CA 2016)

TIGER SYNERGY BERHAD

Particulars of Substantial Securities Holder

Name	DATO' TAN WEI LIAN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Date of cessation	09 Mar 2020
Name & address of registered holder	Dato' Tan Wei LianLot 5084, Jalan Kilat, 70200 Seremban, Negeri Sembilan, MalaysiaMiss Tan Lee ChinLot 5086, Jalan Kilat, 70200 Seremban, Negeri Sembilan, Malaysia

No of securities disposed	14,335,000
Circumstances by reason of which a person ceases to be a substantial shareholder	1 Disposal of Ordinary Shares via Direct Business Transaction 2 Disposal of Ordinary Shares through Open Market3 Disposal of Ordinary Shares via Direct Business Transaction by his sister, Miss Tan Lee Chin
Nature of interest	Direct and Indirect Interest
Date of notice	12 Mar 2020
Date notice received by Listed Issuer	12 Mar 2020

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

TIGER SYNERGY BERHAD

Particulars of Substantial Securities Holder

Name	DATO' TAN WEI LIAN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name & address of registered holder	Dato' Tan Wei LianLot 5084, Jalan Kilat, 70200 Seremban, Negeri Sembilan, Malaysia

Date interest acquired & no of securities acquired
Date interest acquired	18 Mar 2020
No of securities	4,747,000
Circumstances by reason of which Securities Holder has interest	1 Acquisition of Ordinary Shares via Direct Business Transaction2 Acquisition of Ordinary Shares through Open Market
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	47,734,959
Direct (%)	3.259
Indirect/deemed interest (units)	27,337,375
Indirect/deemed interest (%)	1.866
Date of notice	23 Mar 2020
Date notice received by Listed Issuer	23 Mar 2020

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TIGER SYNERGY BERHAD

Particulars of substantial Securities Holder

Name	MR GOH CHING MUN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	10 Mar 2020	20,050,000	Disposed	Direct Interest
	Name of registered holder	Goh Ching Mun
	Address of registered holder	No.11, Flora Tropika, Lorong Tun Dr. Ismail, 30350 Ipoh, Perak.
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Disposal of Ordinary Shares through Open Market
Nature of interest	Direct Interest
Direct (units)	69,114,400
Direct (%)	4.719
Indirect/deemed interest (units)	98,092,400
Indirect/deemed interest (%)	6.697
Total no of securities after change	167,206,800
Date of notice	12 Mar 2020
Date notice received by Listed Issuer	12 Mar 2020

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icy97 发表于 12-2-2019 08:18 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6061077

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	TIGERY SYNERGY BERHAD (TIGER or the Company) - Execution of a Binding Term Sheet on the proposed acquisition by TIGER of all the issued securities of MQ Holdings Limited
Reference is made to the announcement on 11 February 2019 and 13 February 2019 with regards to the binding Term Sheet (“Term Sheet”) with Quest Investments Limited (“QST”) on a proposed acquisition by TIGER of all the issued securities/shares of MQ Holdings Limited MQ (a wholly-owned subsidiary of QST and a company incorporated in the British Virgin Islands) which in turn holds all the issued shares in Quest Stockbrokers (HK) Limited (“QSB”)(a company incorporated in the Hong Kong Special Administrative Region of the People’s Republic of China)(“ the Proposed Acquisition”). The Company wishes to announce that TIGER and QST could not enter into the Definitive Agreement of the Proposed Acquisition due to the non-compliance of the listing requirements of Bursa Securities Malaysia by QST. Thus the transaction is aborted. This announcement is dated 14 April 2020.

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icy97 发表于 20-4-2020 07:06 AM
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3023012

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	TIGER SYNERGY BERHAD ("TIGER" OR THE "COMPANY")(I)        PROPOSED RIGHTS ISSUE WITH WARRANTS(II)        PROPOSED PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Reference is made to the announcement in relation to the Proposals dated 15 April 2020. This announcement will supersede the previous announcement in relation to the Proposals dated 15 April 2020. On 12 February 2020, SJ Securities Sdn Bhd (“SJ Securities”) had, on behalf of the Board of Directors’ of Tiger (“Board”) announced that the Company proposed to undertake a proposed rights issue of shares with warrants and a proposed private placement of shares with warrants (collectively known as the “Previous Proposals”). Subsequently, on 20 March 2020, the Company announced that the Board and SJ Securities had mutually agreed to terminate the appointment of SJ Securities as the adviser and placement agent to the Company in respect of the Previous Proposals. On behalf of the Board, Inter-Pacific Securities Sdn. Bhd. (“IPS”) wishes to announce that Tiger proposes to undertake the following: proposed renounceable rights issue of up to 2,269,684,614 new ordinary shares in Tiger (“Tiger Share(s)”) (“Rights Share(s)”) on the basis of three (3) Rights Shares for every two (2) Tiger Shares held at an entitlement date to be determined later (“Entitlement Date”), together with up to 1,702,263,460 free detachable warrants (“Warrant(s)-D”) on the basis of three (3) Warrants-D for every four (4) Rights Shares subscribed (“Proposed Rights Issue with Warrants”); and proposed private placement of up to 1,134,842,307 new Tiger Shares (“Placement Share(s)”), representing approximately up to 30% of the enlarged issued shares of Tiger after the Proposed Rights Issue with Warrants (“Proposed Private Placement”). Further details of the Proposals are set out in the enclosed attachment. This announcement is dated 20 April 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3045125

Attachments Tiger - Announcement 200420.pdf

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TIGER SYNERGY BERHAD

Particulars of substantial Securities Holder

Name	SAFARI ALLIANCE SDN BHD
Address	Lot 6.05, Level 6, KPMG Tower 8, First Avenue, Bandar Utama, Petaling Jaya 47800 Selangor Malaysia.
Company No.	1330373-A
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	15 Apr 2020	61,881,000	Acquired	Direct Interest
	Name of registered holder	Safari Alliance Sdn Bhd
	Address of registered holder	Lot 6.05, Level 6, KPMG Tower 8, First Avenue, Bandar Utama, Petaling Jaya, 47800 Selangor
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of Ordinary Shares through Open Market
Nature of interest	Direct Interest
Direct (units)	159,973,400
Direct (%)	10.922
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	159,973,400
Date of notice	17 Apr 2020
Date notice received by Listed Issuer	17 Apr 2020

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TIGER SYNERGY BERHAD

Particulars of substantial Securities Holder

Name	MR GOH CHING MUN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	23 Apr 2020	29,430,200	Acquired	Direct Interest
	Name of registered holder	Goh Ching Mun
	Address of registered holder	No. 11, Flora Tropika, Lorong Tun Dr. Ismail, 30350 Ipoh, Perak
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of Ordinary Shares through Open Market
Nature of interest	Direct Interest
Direct (units)	142,703,200
Direct (%)	9.743
Indirect/deemed interest (units)	159,973,400
Indirect/deemed interest (%)	10.922
Total no of securities after change	302,676,600
Date of notice	27 Apr 2020
Date notice received by Listed Issuer	27 Apr 2020

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TIGER SYNERGY BERHAD

Particulars of substantial Securities Holder

Name	MR GOH CHING MUN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	24 Apr 2020	21,220,400	Acquired	Direct Interest
	Name of registered holder	GOH CHING MUN
	Address of registered holder	No. 11, Flora Tropika, Lorong Tun Dr. Ismail, 30350 Ipoh, Perak
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of Ordinary Shares through Open Market
Nature of interest	Direct Interest
Direct (units)	163,923,600
Direct (%)	11.192
Indirect/deemed interest (units)	159,973,400
Indirect/deemed interest (%)	10.922
Total no of securities after change	323,897,000
Date of notice	28 Apr 2020
Date notice received by Listed Issuer	28 Apr 2020

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TIGER SYNERGY BERHAD

Name	MR GOH CHING MUN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	15 May 2020	8,414,900	Acquired	Direct Interest
	Name of registered holder	Goh Ching Mun
	Address of registered holder	No. 11, Flora Tropika, Lorong Tun Dr. Ismail, 30350 Ipoh, Perak
	Description of "Others" Type of Transaction
2	18 May 2020	808,400	Disposed	Direct Interest
	Name of registered holder	Goh Ching Mun
	Address of registered holder	No. 11, Flora Tropika, Lorong Tun Dr. Ismail, 30350 Ipoh, Perak
	Description of "Others" Type of Transaction
3	19 May 2020	26,355,000	Acquired	Direct Interest
	Name of registered holder	Goh Ching Mun
	Address of registered holder	No. 11, Flora Tropika, Lorong Tun Dr. Ismail, 30350 Ipoh, Perak
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	1.Acquisition of Ordinary Shares through Open Market;2.Acquisition of Ordinary Shares through Open Market;3.Acquisition of Ordinary Shares through Open Market.
Nature of interest	Direct and Indirect Interest
Direct (units)	228,890,800
Direct (%)	15.627
Indirect/deemed interest (units)	159,973,400
Indirect/deemed interest (%)	10.922
Total no of securities after change	388,864,200
Date of notice	21 May 2020
Date notice received by Listed Issuer	21 May 2020

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Type	Announcement
Subject	OTHERS
Description	MATERIAL UNCERTAINLY IN EXTERNAL AUDITORS' REPORT ON AUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2019
Pursuant to Paragraph 9.19(37) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Tiger Synergy Berhad (“TSB”) wishes to announce that the Company’s External Auditor, Messrs. Morison AAC PLT  had expressed the following unqualified opinion with material uncertainty related to going concern in the Company’s Audited Financial Statements for the financial year ended 31 December 2019. Extract of the Auditor’s Report: Opinion We have audited the financial statements of TIGER SYNERGY BERHAD, which comprise the statements of financial position as at 31 December 2019 of the Group and of the Company, and the statements of profit or loss and other comprehensive income, statements of changes in equity and statements of cash flows of the Group and of the Company for the financial period then ended, and notes to the financial statements, including a summary of significant accounting policies, as set out on pages 18 to 108. In our opinion, the accompanying financial statements give a true and fair view of the financial position of the Group and of the Company as at 31 December 2019, and of their financial performance and their cash flows for the financial period then ended in accordance with Malaysian Financial Reporting Standards, International Financial Reporting Standards and the requirements of the Companies Act, 2016 in Malaysia. Basis for Opinion We conducted our audit in accordance with approved standards on auditing in Malaysia and International Standards on Auditing. Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Financial Statements section of our report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material Uncertainty Related to Going Concern We draw attention to Note 2.1 to the financial statements, the financial statements of the Group and of the Company have been prepared on a going concern basis notwithstanding that: a) the Group and the Company incurred a net loss of RM9,303,815 and RM3,773,977 respectively for the financial period ended 31 December 2019; b) the Group and the Company reported a negative operating cash flows amounted RM78,713,270 and RM80,114,061 for the financial period ended 31 December 2019; and c) the subsidiary companies delayed the payment of its borrowing obligations during the financial period as disclosed in Note 15 to the financial statements. As at the date of the report, the subsidiary companies have repaid its delayed borrowings instalment obligations and the lender had not issued any demand letters against the subsidiary companies nor have the lenders called upon the loan to be fully repaid. These conditions indicate the existence of material uncertainties that may cast significant doubt on the Group’s and the Company’s ability to continue as going concerns. Our opinion is not modified in respect of this matter. Key Audit Matters Key audit matters are those matters that, in our professional judgement, were of most significance in our audit of the financial statements of the Group and of the Company for the current year. We have determined that there are no key audit matters to communicate in our report on the financial statements of the Company. These matters were addressed in the context of our audit of the financial statements of the Group and of the Company as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. Key audit matter How our audit addressed the key audit matter Existence and valuation of inventories (Refer to Note 2.2(a), Note 2.4(i) and Note 4 to the financial statements) As at 31 December 2019, the Group recognised land held for property development and properties under development costs amounting to RM136,595,963 and RM117,307,932 respectively. The cost of inventories mainly comprising of land costs, development expenditure capitalised and entitlement to land owners pursuant to joint venture agreements to jointly develop land. We focused on this area mainly due to following: material account balances and large number of individual parcels of land and their related development expenditure incurred; and a) Existence of inventories Our audit procedures include the following: discussed with management to obtain understanding on control and monitoring over inventories; obtained list of inventories to identify the locations of land held by the Group and conducted site visit on sampling basis; inspected land titles for land held by the Group; traced development expenditures incurred during the financial period to the relevant supporting documents; reviewed joint venture agreements and entitlement paid to land owners; and circulated written confirmations to joint venture parties on the joint venture entitlements paid as at financial period end. b) high dependency on a range of estimates which are based on current and future market or economic conditions which determine the recoverable amount or net realisable value. b) Valuation of inventories Our audit procedures focused on the following: Recoverable amount Assessed the appropriateness of the independent professional valuer’s scope of work and evaluated whether they possess sufficient expertise, capability and objectivity to competently perform the valuation of the land held by the Group; Obtained the valuation report and evaluated the valuation methodology, data relating to comparisons of the recent transactions involving similar assets and estimates used by the independent professional valuer; and Assessed the inputs used by the professional valuer to arrive at an valuation. Net realisable value Obtained understanding from management on the Group’s internal control over preparation of property development project budget; Discussed with management on the current progress of the property development project and examined relevant documents such as development order issued by relevant authorities; Assessed reasonableness of key assumptions used by management in property development project budget; and Performed sensitivity analysis on the assumptions used by management. Steps taken or proposed to be taken to address those key matters that relate to the material uncertainty to going concern as mentioned in the Auditor’s Report and timeline. In relation to the above, the Board wishes to advise that the independent Auditors have expressed an unqualified opinion on the Financial Statements and that their opinion is not modified in respect of the statement on that matter. The Group are taking the following measures to mitigate the existence of material uncertainty on going concern and its obligations falling within the next 12 months which, include amongst others: 1. The Board also strongly believes that the Group’s business is still relevant but it requires a strategic plan to overcome these challenges. To address the going concern issues as mentioned in the audit report, the Board and the Management have identified that the Group must increase its revenue, manage operational cost effectively, strengthen its cash-flow through higher collections and disposing some of its properties to ensure business is sustainable. 2. The Group intends to launch new projects in this current financial year and have plans for future projects in order for the Group to sustain its growth. 3. The Group is in the process of implementing a Proposed Rights Issue with Warrants and Proposed Private Placement of 30% of the Enlarged Issued Shares of Tiger Timeline for steps referred above. Item Action Timeline 1 The Group is in the process of implementing a Proposed Rights Issue with Warrants and Proposed Private Placement of 30% of the Enlarged Issued Shares 3-6 moths 2 Launching of new projects 6-12 months This announcement is dated 4 June 2020.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

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

1	Revenue	324	6,151	324	6,151
2	Profit/(loss) before tax	-3,137	-712	-3,137	-712
3	Profit/(loss) for the period	-3,137	-712	-3,137	-712
4	Profit/(loss) attributable to ordinary equity holders of the parent	-3,137	-712	-3,137	-712
5	Basic earnings/(loss) per share (Subunit)	-0.21	-0.09	-0.21	-0.09
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 ($$)	0.2100		0.2300

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

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

1	Revenue	64	2,473	388	8,624
2	Profit/(loss) before tax	-1,101	179	-4,238	-533
3	Profit/(loss) for the period	-1,101	179	-4,238	-533
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,101	179	-4,238	-533
5	Basic earnings/(loss) per share (Subunit)	-0.07	0.02	-0.29	-0.06
6	Proposed/Declared dividend per share (Subunit)	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 ($$)	0.2000		0.2100

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

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

1	Revenue	752	2,060	1,140	10,684
2	Profit/(loss) before tax	-1,380	-701	-5,618	-1,234
3	Profit/(loss) for the period	-1,380	-701	-5,618	-1,234
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,380	-701	-5,618	-1,234
5	Basic earnings/(loss) per share (Subunit)	-0.09	-0.08	-0.38	-0.14
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 ($$)	0.2000		0.2100

Change in Financial Year End

TIGER SYNERGY BERHAD

Old financial year end	31 Dec 2020
New financial year end	30 Jun 2021

Remarks :

The Board of Directors of Tiger Synergy Berhad ("the Company") had approved the change in the financial year end ("FYE") of the Company from 31 December to 30 June. The next audited financial statement shall be for a period of 18 months from 1 January 2020 to 30 June 2021.The change in financial year end will allow the Group to enable better coordination and management of reporting duties and to provide adequate time for the new auditor to perform and complete the FYE audit.

TIGER SYNERGY BERHAD

Particulars of substantial Securities Holder

Name	DATIN SEK CHIAN NEE
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	16 Dec 2020	7,000,000	Acquired	Direct Interest
	Name of registered holder	Datin Sek Chian Nee
	Description of "Others" Type of Transaction
2	16 Dec 2020	21,194,500	Acquired	Direct Interest
	Name of registered holder	Datin Sek Chian Nee
	Description of "Others" Type of Transaction
3	16 Dec 2020	7,850,000	Acquired	Indirect Interest
	Name of registered holder	Dato' Tan Wei Lian
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	1 Acquisition of Ordinary Shares through Open Market2 Acquisition of Ordinary Shares via Direct Business Transaction3 Acquisition of Ordinary Shares through Open Market by her spouse, Dato' Tan Wei Lian
Nature of interest	Direct and Indirect Interest
Direct (units)	40,724,700
Direct (%)	2.773
Indirect/deemed interest (units)	173,526,034
Indirect/deemed interest (%)	11.815
Total no of securities after change	214,250,734
Date of notice	17 Dec 2020
Date notice received by Listed Issuer	17 Dec 2020

Expiry/Maturity of the securities

TIGER SYNERGY BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Type Of Expiry	Expiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion price	Cash
Exercise/ Strike/ Conversion Price	Malaysian Ringgit (MYR) 0.3200
Exercise/ Conversion Ratio	1:1
Settlement Type / Convertible into	Physical (Shares)
Last Date & Time of Trading	22 Jan 2021 05:00 PM
Date & Time of Suspension	25 Jan 2021 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c	04 Feb 2021 04:00 PM
Date & Time of Expiry	11 Feb 2021 05:00 PM
Date & Time for Delisting	15 Feb 2021 09:00 AM

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3120449

Attachments TSB-Circular Expiry of Warrant C _11 February 2021 (final).pdf

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	TIGER SYNERGY BERHAD (''TIGER'' OR THE ''COMPANY'')PROPOSED RIGHTS ISSUE WITH WARRANTS
On behalf of the Board of Directors of the Company (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that the Company proposes to undertake the renounceable rights issue of up to 1,137,789,807 new ordinary shares in the Company ("Tiger Shares" or "Shares") ("Rights Shares") together with up to 1,137,789,807 free detachable warrants in the Company ("Warrants D") on the basis of 3 Rights Shares together with 3 free Warrants D for every 4 existing Shares held by the entitled shareholders of the Company on an entitlement date to be determined ("Proposed Rights Issue with Warrants"). Please refer to the attachment for further details on the above. This announcement is dated 13 January 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3120965

Attachments Tiger - Proposed Rights Issue with Warrants.pdf