【SOP 5126 交流专区】 砂拉越油棕

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SARAWAK OIL PALMS BERHAD

EX-date	28 Jun 2017
Entitlement date	30 Jun 2017
Entitlement time	05:00 PM
Entitlement subject	First and Final Dividend
Entitlement description	FIRST AND FINAL SINGLE TIER DIVIDEND OF 5 SEN PER ORDINARY SHARE
Period of interest payment	to
Financial Year End	31 Dec 2016
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 HOUSE, BLOCK D 13, PUSAT DAGANGAN DANA 1, JALAN PJU 1A/46,47301 PETALING JAYA, SELANGOR MALAYSIATEL ; (603) 78490777FAX : (603) 78418151/8152
Payment date	21 Jul 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	30 Jun 2017
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit	28 Jun 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	0.05
Par Value	Malaysian Ringgit (MYR) 0.000

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Type	Announcement
Subject	OTHERS
Description	SARAWAK OIL PALMS BERHAD (SOPB OR THE COMPANY)DISPOSAL OF SHARES IN MICALINE SDN. BHD. (MSB)
SARAWAK OIL PALMS BERHAD (“SOPB” OR “THE COMPANY”) DISPOSAL OF SHARES IN MICALINE SDN. BHD. (“MSB”) 1.    INTRODUCTION The Board of Directors of SOPB wishes to announce that the Company had on 3 May 2017, disposed of 985,500 ordinary shares of RM1.00 each representing 45% equity interest in Micaline Sdn. Bhd (“MSB”) for a total cash consideration of Ringgit Malaysia Nine Hundred Eighty Five Thousand and Five Hundred (RM985,500.00) Only (“the Disposal”). Subsequent to the Disposal, MSB will cease to be an associate company of SOPB. 2.    INFORMATION ON MSB MSB was incorporated under the laws of Malaysia, as a private limited company on 5 February 2002. The present share capital of MSB is RM2,910,000 comprises of 2,190,000 ordinary shares of RM1.00 each. 3.    RATIONAL FOR THE DISPOSAL The company decided that it is not feasible to continue the business as the anticipated returns from this investment do not meet the Company’s expectation. 4.    BASIS OF ARRIVING AT THE DISPOSAL CONSIDERATION The Disposal at total consideration of Ringgit Malaysia Nine Hundred Eighty Five Thousand and Five Hundred (RM985,500.00) only for 985,500 ordinary shares at RM1.00 each was arrived at on a willing buyer willing seller basis. 5.    FINANCIAL EFFECTS The Disposal is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings of the Company and SOPB Group for the financial year ending 31 December 2017. 6.    APPROVAL REQUIRED The Disposal is not subject to the approval of the Shareholders of SOPB and/or other relevant authorities. 7.    DIRECTORS’ AND MAJOR SHAREHOLDERS INTERESTS None of the Directors, major shareholders of SOPB or its subsidiaries and/or persons connected with them, has any interest, direct or indirect, in the Disposal. 8.    STATEMENT BY DIRECTORS The Board of Directors of SOPB, after having considered all aspects of the Disposal, is of the opinion that the Disposal is in the best interest of the Company and SOPB Group as well as fair, reasonable and on normal commercial terms and not detrimental to the interest of the minority shareholders of the Company. This Announcement is dated 3 May 2017.

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Type	Announcement
Subject	OTHERS
Description	Incorporation of a Wholly-Owned Subsidiary in Labuan Asia Oils Captive Pte Ltd
The Board of Directors of Sarawak Oil Palms Berhad (“SOPB” or “the Company”) wishes to announce that, the Company had on 16th May 2017 incorporated a wholly-owned subsidiary, namely Asia Oils Captive Pte Ltd (Company No. LL13704) in the Federal Territory of Labuan, Malaysia. None of the directors and major shareholders and/or person connected with a director or major shareholders have any interests, direct or indirect, in the aforesaid incorporation. This announcement is dated 17th May 2017.

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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	1,117,368	1,035,709	1,117,368	1,035,709
2	Profit/(loss) before tax	104,194	31,628	104,194	31,628
3	Profit/(loss) for the period	74,236	23,983	74,236	23,983
4	Profit/(loss) attributable to ordinary equity holders of the parent	68,538	25,032	68,538	25,032
5	Basic earnings/(loss) per share (Subunit)	12.02	5.67	12.02	5.67
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 ($$)	3.4100		3.2900

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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	1,216,508	953,597	2,333,876	1,989,306
2	Profit/(loss) before tax	91,860	44,621	196,054	76,249
3	Profit/(loss) for the period	71,189	34,930	145,425	58,913
4	Profit/(loss) attributable to ordinary equity holders of the parent	67,057	33,560	135,595	58,592
5	Basic earnings/(loss) per share (Subunit)	11.75	7.60	23.76	13.26
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	3.5200		3.2900

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棕油涨价砂油棕可受惠．鲜果串减产或拖累下半年

（吉隆坡3日讯）原棕油价格近期走高，砂劳越油棕（SOP,5126,主板种植组）有望从中受惠，但分析员认为该公司鲜果串产量降低，可能拖累下半年表现。

今年棕油平均价料为2700

大华继显研究表示，开年至今，原棕油均价为每公吨2854令吉，预料今年第四季，原棕油价格介于2500令吉至2700令吉，因此2017年平均价料为2700令吉，高于原本预测的2600令吉。

基于砂劳越油棕是以现货方式销售，因此目前原棕油价格走高，有利于该公司。

此外，该公司也有意翻种1500至2000公顷的种植地以维持产量。

管理层预期，2017年的资本开销为1亿令吉左右，分析员相信大部份的开销将用于翻种，2018及2019年，每年的开销也是在1亿令吉左右。

大华继显说，过去8个月，该公司鲜果串产量按年走高了31.7%，不过，管理层看淡9月至12月的产量，相信是缺乏劳工及雨季之故，影响了收成。管理层预期，2017年的鲜果串产量成长幅度介于30至40%左右。该行因此将今年产量增幅从45%下调至38%。

该行预期砂劳越油棕第三季业绩按年季疲软，因棕油价走低，尽管鲜果串产量增加，至于第四季按季则进一步走弱，因价格和产量同时降低，因此下半年表现将弱于上半年。

财测上调

大华继显在纳入更高棕油价及较低鲜果串增幅后，将该公司今年财测上调1.9%，2018年的盈利预测则调高5.6%，2017至2019年盈利预测分别为1亿8300万令吉、1亿4100万令吉及1亿5300万令吉。

该行也预测，2018年的原棕油价格将走低至2400令吉，因供过于求之故。

大华继显决定维持该公司“守住”评级不变，目标价则从3令吉50仙调高至3令吉70仙。

文章来源：
星洲日报·财经·文：谢汪潮·20171004

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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	1,214,809	1,134,731	3,548,685	3,124,037
2	Profit/(loss) before tax	81,249	61,364	277,303	137,613
3	Profit/(loss) for the period	59,341	42,849	204,766	101,762
4	Profit/(loss) attributable to ordinary equity holders of the parent	54,363	37,491	189,958	96,083
5	Basic earnings/(loss) per share (Subunit)	9.52	8.48	33.29	21.76
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 ($$)	3.5800		3.2900

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利好支撑短线买进．砂劳越油棕前景看俏

（吉隆坡29日讯）砂劳越油棕（SOP，5126，主板种植组）受油棕产量走扬、种植面积树龄偏低以及作为当地少数棕油提炼业者等利好支持，获利前景看俏，分析员认为该公司价值被低估，建议“短线买进”。

肯纳格研究预测，在上述利好烘托下，该公司2017至2018财年净利有望分别按年上扬66%和4%，至2亿2000万和2亿3000万令吉。

针对该公司鲜果串产量表现，肯纳格则预测砂劳越油棕2017和2018财年的鲜果串产量将分别走高36%和7%，至13亿7000万公吨和14亿7000万公吨。

2017年支持该公司鲜果串走高的原因包括：气候改善和收购升阳油棕带动，而2018年则是因为成熟种植面积增加。

值得留意的是，该公司鲜果串产量不断增加，甚至令该公司减少从外部购买鲜果串。

肯纳格研究指出，该公司也是砂拉越5家棕油提炼公司之一，估算占了该州属32%的棕油提炼产能。

种植成本偏低也是该公司优点之一，在2016年每公吨棕油生产成本为840令吉，而肯纳格预测2018年棕油价为2400令吉，较去年每公吨2600令吉较低，主要是市场供应过剩的缘故。

在去年，该公司从升阳油棕手中收购47公顷的种植地，使手中地库增加了至120.3公顷以及种植面积扩大至87.7公顷。

该公司2016年总种植面积当中，12%和51%分别是未成熟与低树龄油棕树，换句话说，该公司树龄组合有多达63%是属于年轻油棕树。

肯纳格进一步解释，砂劳越油棕的平均树龄为10年，该公司计划每年翻种种植面积的1.8至1.9%，分析员预测该公司鲜果串产量将从2016年的1670万公吨，在未来2至3年内走高至1750至1850万公吨。

综合以上，肯纳格研究给予该公司“短线买进”评级，目标价为4令吉85仙。

文章来源：
星洲日报‧财经‧报道：傅文耀‧2018.01.29

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砂拉越油棕末季业绩恐走跌

2018年1月31日

分析：大华继显研究
目标价：4.15令吉

最新进展：

砂拉越油棕（SOP，5126，主板种植股）管理层下调鲜果串今年产量预测，从160万公吨减至155万公吨。

今年鲜果串产量展望疲弱，归咎于劳力短缺、降雨量高影响收割活动，以及基础建设系统差劲拖累鲜果串运输。

行家建议：

下调鲜果串今年产量增幅预测至7.7%至151万公吨。今年60%的产量料落在下半年。

若棕油供过于求，今年原棕油价格可能面临挑战，预计平均每公吨2400令吉。

砂拉越油棕上财年末季业绩可能按季走跌，因原棕油平均售价按季减2.6%，和鲜果串产量按季跌2.9%。

虽然原棕油平均售价按年挫11%，但按年而言，末季业绩应该会较强，归功于鲜果串产量按年扬41.9%。

预计末季核心净利介于4100万至4500万令吉。

鲜果串产量增幅降低，降低今财年净利预测10%，但维持2017及2019财年预测。

另一方面，原棕油价格波动高，未来数年下游业务贡献料依然波动。



【e南洋】

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Type	Announcement
Subject	OTHERS
Description	DISPOSAL OF SHARES IN SUBUR ASIAMAS SDN BHD, A SUBSIDIARY OF SARAWAK OIL PALMS BERHAD (SOPB)
INTRODUCTION Sarawak Oil Palms Berhad (“SOPB”) wishes to announce that pursuant to Chapter 9, Paragraph 9.19 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, it had on 31 January 2018 completed the disposal of350,000 ordinary shares, representing 70.0% of the paid-up share capital of SuburAsiamas Sdn Bhd (“Subur”) to SOP Foods Sdn Bhd (“Foods”), an indirect subsidiary of SOPB for a total cash consideration of RM350,000.00(“Disposal”).   INFORMATION ON SUBUR Suburwas incorporated on 21 May 2013 and its paid-up share capital is RM500,000.00. The principal activities of Subur is packaging and distribution of food products. INFORMATION ON FOODS Foods was incorporated on 4 September 2014 and its paid-up share capital is RM2,500,000.00.The principal activities of Foods is manufacturing of bottle for consumer packaging plant and selling of cooking oil. DIRECTORS, SUBSTANTIAL SHAREHOLDERS’ INTERESTS AND COMMON DIRECTORSHIPS Ling Chiong Sing is the Director of SOPB, who is also the Director of Subur, is deemed interest in the Disposal by virtue of his common directorship and shareholdings in SOPB. Wong Hee Kwong is the common director in Foods and Subur. Saved as disclosed above, none of the other directors or substantial shareholders of SOPB or persons connected to them has any interest, directly or indirectly, in the Disposal. FINANCIAL EFFECTS The Disposal is not expected to have any material effect on the earnings or net assets of SOPB, and it has no effect on the share capital and substantial shareholders’ shareholding of SOPB. APPROVAL REQUIRED The Disposal is not subject to the approval of any authorities and shareholders.

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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	1,363,040	1,178,469	4,911,725	4,416,122
2	Profit/(loss) before tax	82,409	50,523	359,712	195,960
3	Profit/(loss) for the period	53,444	38,918	258,210	142,288
4	Profit/(loss) attributable to ordinary equity holders of the parent	49,295	33,965	239,253	132,196
5	Basic earnings/(loss) per share (Subunit)	8.64	7.32	41.92	28.05
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	3.6700		3.2900

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SARAWAK OIL PALMS BERHAD

EX-date	27 Jun 2018
Entitlement date	29 Jun 2018
Entitlement time	05:00 AM
Entitlement subject	First and Final Dividend
Entitlement description	FIRST AND FINAL TAX EXEMPT DIVIDEND OF 6 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	20 Jul 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	29 Jun 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit	27 Jun 2018
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	0.06

icy97

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	904,360	1,096,175	904,360	1,096,175
2	Profit/(loss) before tax	37,782	102,581	37,782	102,581
3	Profit/(loss) for the period	28,373	72,623	28,373	72,623
4	Profit/(loss) attributable to ordinary equity holders of the parent	26,072	66,925	26,072	66,925
5	Basic earnings/(loss) per share (Subunit)	4.57	11.73	4.57	11.73
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 ($$)	3.7400		3.7000

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Type	Announcement
Subject	OTHERS
Description	Disposal of Shares in Sinar Asiamas Sdn Bhd
1.         INTRODUCTION Sarawak Oil Palms Berhad (“SOPB” or “the Company”) wishes to announce that pursuant to Chapter 9, Paragraph 9.19 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, had on 16 July 2018, disposed its entire equity interest of 45,000 ordinary shares, representing 45.0% of the paid-up share capital of Sinar Asiamas Sdn Bhd (“Sinar”) to Danum Shipping Sdn Bhd (“Danum”), a wholly owned subsidiary of Shin Yang Shipping Corporation Berhad for a total cash consideration of RM1.00 (“Disposal”).   Subsequent to the Disposal, Sinar Asiamas Sdn Bhd will cease to be an associate company of SOPB. 2.         INFORMATION ON SINAR Sinar was incorporated under the laws of Malaysia, as a private limited company on 13 July 2016 and its present issued and paid-up share capital is RM100,000.00 comprises of 100,000 ordinary shares of RM1.00 each. 3.         RATIONAL FOR THE DISPOSAL The Company decided that it is not feasible to continue the business as the anticipated returns from this investment do not meet the Company’s expectation. 4.         BASIS OF ARRIVING AT THE DISPOSAL CONSIDERATION The Disposal at total consideration of Ringgit Malaysia: One only (RM1.00) for 45,000 ordinary shares was arrived at on a willing buyer willing seller basis. 5.         FINANCIAL EFFECTS The Disposal is not expected to have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings of the Company and SOPB Group for the financial year ending 31 December 2018. 6.         APPROVAL REQUIRED The Disposal is not subject to the approval of the Shareholders of SOPB and/ or other relevant authorities. 7.         DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS Tan Sri Datuk Ling Chiong Ho and Mr. Ling Chiong Sing are the Directors of SOPB, who also are the Directors of Danum Shipping Sdn. Bhd. (“DSSB”) and Shin Yang Shipping Corporation Berhad (“SYSCB”), are deemed to have an interest in the Disposal by virtue of their common directorship and being substantial shareholders of SOPB and also Shin Yang Shipping Corporation Berhad. DSSB is wholly owned subsidiary of SYSCB. Saved as disclosed above, none of the Directors, major shareholders of SOPB or its subsidiaries and/or persons connected with them, has any interest, direct or indirect, in the Disposal. 8.         STATEMENT BY DIRECTORS The Board of Directors of SOPB, after having considered all aspects of the Disposal, is of the opinion that the Disposal is in the best interest of the Company and SOPB Group as well as fair, reasonable and on normal commercial terms and not detrimental to the interest of the minority shareholders of the Company.

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

SARAWAK OIL PALMS BERHAD

Particulars of Substantial Securities Holder

Name	AGAPE INTERNATIONAL PTE LTD
Address	133 NEW BRIDGE ROAD 20-03 CHINATOWN POINT SINGAPORE (059413) 059413 Singapore.
Company No.	201618948D
Nationality/Country of incorporation	Singapore
Descriptions (Class)	ORDINARY SHARE
Name & address of registered holder	133 NEW BRIDGE ROAD20-03 CHINATOWN POINTSINGAPORE (059413)

Date interest acquired & no of securities acquired
Date interest acquired	17 Jul 2018
No of securities	11,400,000
Circumstances by reason of which Securities Holder has interest	ACQUISITION
Nature of interest	Indirect Interest
Total no of securities after change
Direct (units)
Direct (%)
Indirect/deemed interest (units)	33,250,000
Indirect/deemed interest (%)
Date of notice	18 Jul 2018
Date notice received by Listed Issuer	19 Jul 2018

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Type	Announcement
Subject	OTHERS
Description	Sarawak Oil Palms Berhad (SOPB or the Company)Proposed Acquisition of 70% equity interest in TSEA Sdn Bhd by SOP Foods Sdn. Bhd., a wholly owned subsidiary of SOPB
1. Introduction The Board of Directors of SOPB wishes to announce that SOP Foods Sdn. Bhd. (“SOP Foods” or the “Purchaser”) (a subsidiary of SOP Industries Sdn. Bhd. (a wholly owned subsidiary of SOPB) had on 10 August 2018 entered into a Conditional Share Sale Agreement (“CSSA”) with Mr. Ang Chin Leong (“ACL” or the “Vendor”) for the proposed acquisition of 350,000 ordinary shares (“Sale Share”), representing 70% equity interest in TSEA Sdn. Bhd (“TSEA”) from the Vendor for a total consideration of RM440,000.00 (“Consideration”) subject to the terms and conditions of the CSSA to be entered into between the Vendor and SOP Foods (“Proposed Acquisition”). 2. Information on the Parties 2.1 Details of SOP FOODS SOP FOODS was incorporated as a private limited company in Malaysia on 4 September 2014 with its registered office at No.124-126, Jalan Bendahara, 98000 Miri, Sarawak. The issued and paid up capital of SOP FOODS is RM2,500,000. SOP FOODS is principally involved in manufacturing of bottles for consumer packaging and selling of cooking oil. The Directors of SOP FOODS are Mr. Wong Hee Kwong and Mr. Eric Kiu Kwong Seng. 2.2 Details of TSEA TSEA was incorporated as private limited company in Malaysia on 9 January 1992 with its registered office at No.17, Jalan Belimbing, Medan Damansara, 50490 Kuala Lumpur. TSEA was formerly known as TSEA Consultants Sdn. Bhd. and the change of name to TSEA was duly effected on 11 December 2014. The issued and paid up capital of TSEA is RM500,000. TSEA is principally involved in packing and distribution of cooking oil. The Directors of TSEA are Mr. Ang Chin Leong, Ms Katijah Bte A. Hamid and Ms. Wong Swee Ling. 3. Salient Terms of Proposed Acquisition The salient terms of the Proposed Acquisition includes, amongst the others, the following:- 3.1 The Purchase Consideration for the sale, purchase and transfer of the Sale Shares shall be Ringgit Malaysia Four Hundred Forty Thousand Only (RM440,000.00); 3.2 That the Purchase Consideration shall be paid by the Purchaser within fifteen (15) days from the Unconditional Date or within seven (7) days from the date of transfer of Sale Shares to the Purchaser, whichever is earlier (“Completion Date”). 4. Rationale The Proposed Acquisition by SOP Foods Sdn Bhd is in-line with the SOPB Group’s businesses portfolio for diversification into downstream activities. 5. Basis of Arriving at the Consideration The Consideration is based on a “willing buyer willing seller” basis. 6. Source of funding for the Consideration The Consideration shall be satisfied in cash and funded through internally generated funds of SOP FOODS. 7. Estimated Time Frame for Completion of the Proposed Acquisition Barring any unforeseen circumstances, the Proposed Acquisition is expected to be completed in the third quarter of 2018. 8. Liabilities to be assumed by the SOP FOODS There are no liabilities, including contingent liabilities and guarantees, to be assumed by SOP FOODS pursuant to the Proposed Acquisition, save for the existing liabilities including contingent liabilities and guarantees of TSEA. 9. Prospects and Risks Factors relating to the Acquisition Notwithstanding being costs effective, the Proposed Acquisition by SOP FOODS has been seen as a prudent method of investment and barring unforeseen circumstances, the packaging and distribution of cooking oil is anticipated would contribute positively toward SOPB Group. 10. Interest of Directors, Major Shareholders and/or persons connected with them None of the Directors and/or Substantial Shareholders of the Company and/or any persons connected with them have any interest, direct or indirect interest in the Proposed Acquisition. 11. Statement by Audit Committee The Audit Committee, having considered all aspects of the Proposed Acquisition, of the opinion that the Proposed Acquisition is in the best interest of SOPB as it is fair, reasonable and on normal commercial terms which are not detrimental to the interest of the minority shareholders. 12. Statement by Board of Directors The Directors of the Company, after careful deliberations on the various aspect of the Proposed Acquisition are of the opinion that the Acquisition is fair and reasonable to the Company and also in the best interest of the Company. 13. Effect of the Proposed Acquisition 13.1 Share Capital and Substantial Shareholders’ shareholdings The Proposed Acquisition will not have any effect on the issued share capital and the shareholdings of substantial shareholders of SOPB as the Consideration for the Proposed Acquisition is to be fully satisfied in cash and does not involve any issuance of new ordinary shares in SOPB. 13.2 Earnings and Earnings Per Share (“EPS”) The Proposed Acquisition is expected to contribute positively to the earnings and EPS of the SOPB Group for the financial year ending 31 December 2018. 13.3 Net Assets (“NA”), NA Per Share and Gearing The Proposed Acquisition will not have any material effect on the NA per share and gearing of SOPB Group for the financial year ending 31 December 2018. 14. Approval Required The Proposed Acquisition herein are not subject to the approval of any authorities or shareholders. Date of Announcement: 10 August 2018

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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	774,907	1,218,541	1,679,267	2,314,716
2	Profit/(loss) before tax	18,955	92,081	56,737	194,662
3	Profit/(loss) for the period	12,737	71,410	41,110	144,033
4	Profit/(loss) attributable to ordinary equity holders of the parent	10,530	67,278	36,602	134,203
5	Basic earnings/(loss) per share (Subunit)	1.85	11.79	6.41	23.52
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 ($$)	3.7600		3.7000

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Type	Announcement
Subject	OTHERS
Description	ACQUSITION OF ADDITIONAL EQUITY INTEREST IN SUBSIDIARY, SETIA WIRAMAJU SDN. BHD. (SWSB)
The Board of Directors of Sarawak Oil Palms Berhad (“SOPB” or “Company”) wishes to announce that the Company and SOP Plantations (Beluru) Sdn. Bhd. (“BELURU”) (a wholly owned subsidiary of SOPB) had on 29 October 2018 acquired an additional ordinary shares and redeemable preference shares of its indirect subsidiary, Setia Wiramaju Sdn. Bhd. (“SWSB”) held by Telliana Enterprise Sdn. Bhd. (“TESB”) ("Acquisitions"). Please refer to the attachment for the details of the Acquisitions. This Announcement is dated 29 October 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5956881

Attachments SOPB Announcement 29 Oct 2018.pdf

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icy97 发表于 11-8-2018 04:22 AM

Type	Announcement
Subject	OTHERS
Description	Proposed Acquisition of 70% equity interest in TSEA Sdn. Bhd. by SOP Foods Sdn. Bhd., a wholly owned subsidiary of SOPB.
We refer to the earlier announcements in relation to the Proposed Acquisition issue by SOPB on 10 August 2018. The Board of Sarawak Oil Palms Berhad (“SOPB”) wishes to announce that the Proposed Acquisition has been duly completed following the completion of the transfer of shares by Ang Chin Leong to SOP Foods Sdn. Bhd. This Announcement is dated 26 November 2018.