Grand Hoover Berhad

PTT Synergy Proposes One-For-One Bonus Issue

Integrated construction and property company PTT Synergy Group Bhd (KL:PTT), whose share price has surged 120.49% year to date, has proposed a one-for-one bonus issue, involving the issuance of up to 216.08 million new bonus shares.

The entitlement date will be determined after all relevant approvals for the bonus issue have been obtained, the group said in a bourse filing on Monday.

PTT Synergy said the bonus issue is to reward shareholders and encourage the trading liquidity of its shares on the stock exchange.

For illustrative purposes, based on the three-month volume-weighted average price of the shares up to June 25 (which was RM1.16), the theoretical ex-bonus share price would be 57.8 sen.

Barring any unforeseen circumstances, PTT Synergy anticipates the proposal to be completed in the third quarter of 2024, with AmInvestment Bank serving as the principal adviser.

PTT Synergy reported a slight increase of 8.36% in its net profit for the third quarter ended March 31, 2024 (3QFY2024) at RM3.53 million compared to RM3.25 million in 3QFY2023. Its quarterly revenue nearly doubled to RM84.12 million during the quarter under review from RM47.88 million in the same quarter a year ago, driven by higher contributions from all its business segments.

PTT Synergy shares closed seven sen or 2.67% higher at RM2.69 on Monday, valuing the group at RM581.26 million.

$HOOVER / 7010 (GRAND HOOVER BERHAD)

Source: https://cutt.ly/pehDgE9v

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS (Amended Announcement)PTT Synergy Group Berhad ("PTTS") - Proposed disposal of two (2) units of 3-storey detached factory bearing postal address of No. 11 & 13, Jalan Cipta Serenia 1, Pusat Perindustrian Cipta Selatan, 43900 Sepang, Selangor Darul Ehsan by its wholly-owned subsidiary, Pembinaan Tetap Teguh Sdn. Bhd. for a total cash consideration of RM26.0 million

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR TEO SWEE LENG

Changes in Director's Interest (Section 219 of CA 2016) - MR TEO SWEE PHIN

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR TEO SWEE PHIN

Changes in Director's Interest (Section 219 of CA 2016) - MR TEO SWEE LENG

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

MULTIPLE PROPOSALSPTT SYNERGY GROUP BERHAD ("PTT" OR THE "COMPANY")

(I) PROPOSED LAND ACQUISITION
(II) PROPOSED ESS
(III) PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

Additional Listing Announcement /Subdivision of Shares

MULTIPLE PROPOSALSPTT SYNERGY GROUP BERHAD ("PTT" OR THE "COMPANY")

(I) PROPOSED LAND ACQUISITION
(II) PROPOSED ESS
(III) PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

MEMORANDUM OF UNDERSTANDINGPTT Synergy Group Berhad ("PTTS") - Status update on the Memorandum of Understanding between PTTS and Rhong Khen International Berhad

PROVISION OF FINANCIAL ASSISTANCE

Quarterly rpt on consolidated results for the financial period ended 31/03/2024

OTHERSPTT Synergy Group Berhad ("PTTS") - Disclosure of material information pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Additional Listing Announcement /Subdivision of Shares

Additional Listing Announcement /Subdivision of Shares

MULTIPLE PROPOSALSPTT SYNERGY GROUP BERHAD ("PTT" OR THE "COMPANY")

(I) PROPOSED LAND ACQUISITION
(II) PROPOSED ESS
(III) PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

OTHERSPTT Synergy Group Berhad ("PTTS") - Letter of Award by Sime Darby Property (Bukit Raja) Sdn. Bhd. to its wholly-owned subsidiary, Pembinaan Tetap Teguh Sdn. Bhd.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSPTT Synergy Group Berhad ("PTTS") - Additional information on proposed acquisition of two (2) parcels of freehold land by its wholly-owned subsidiary, PTT Logistics Hub 1 Sdn. Bhd. for a total cash consideration of RM36.0 million

MULTIPLE PROPOSALSPTT SYNERGY GROUP BERHAD ("PTT" OR THE "COMPANY")

(I) PROPOSED LAND ACQUISITION
(II) PROPOSED ESS
(III) PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

MULTIPLE PROPOSALSPTT SYNERGY GROUP BERHAD ("PTT" OR THE "COMPANY")

(I) PROPOSED LAND ACQUISITION
(II) PROPOSED ESS
(III) PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSPTT Synergy Group Berhad ("PTTS") - Proposed acquisition of two (2) parcels of freehold land by its wholly-owned subsidiary, PTT Logistics Hub 1 Sdn. Bhd. for a total cash consideration of RM36.0 million

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSPTT Synergy Group Berhad ("PTTS") - Proposed disposal of a freehold land held under Geran 336655, Lot 119360, Mukim of Dengkil, District of Sepang, State of Selangor with land area measuring approximately 4,051 square metres together with a unit of 3-storey detached factory constructed thereon bearing the postal address of No. 15, Jalan Cipta Serenia 1, Pusat Perindustrian Cipta Selatan, 43900 Sepang, Selangor Darul Ehsan by its wholly-owned subsidiary, Pembinaan Tetap Teguh Sdn. Bhd.

OTHERSPTT SYNERGY GROUP BERHAD ("PTT") - LETTER OF AWARD BY PRIMA WAHYU SDN. BHD. TO ITS WHOLLY-OWNED SUBSIDIARY, PEMBINAAN TETAP TEGUH SDN. BHD.

MULTIPLE PROPOSALSPTT SYNERGY GROUP BERHAD ("PTT" OR THE "COMPANY")

(I) PROPOSED LAND ACQUISITION
(II) PROPOSED ESS
(III) PROPOSED PRIVATE PLACEMENT

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR TEO SWEE PHIN

Changes in Director's Interest (Section 219 of CA 2016) - MR TEO SWEE PHIN

Change in Principal Officer - IR PUA AIK HONG

Change in Boardroom - MADAM TANG CHOI PENG