Straits Inter Logistics Berhad

$STRAITS / 0080 (STRAITS INTER LOGISTICS BERHAD)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")
- PROPOSED DISPOSAL OF 51% EQUITY INTEREST IN MEGAH PORT MANAGEMENT SDN BHD BY STRAITS PORT MANAGEMENT SDN BHD

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

PROPOSED RESTRUCTURING OF STRAITS MARINE FUELS & ENERGY SDN BHD ("SMF") ("SMF RESTRUCTURING")

General Meetings: Outcome of Meeting

General Meetings: Notice of Meeting (Amended Announcement)

Circular to Shareholders on the Proposed New Shareholders Mandate For Recurrent Related Party Transactions of a Revenue or Trading Nature

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

PROPOSED RESTRUCTURING OF STRAITS MARINE FUELS & ENERGY SDN BHD ("SMF")
("SMF RESTRUCTURING")

Annual Report & CG Report - 2023 (Amended Announcement)

OTHERSStraits Energy Resources Berhad ["Straits" or "the Company"]

Proposed New Shareholders' Mandate for additional Recurrent Related Party Transactions ("Proposal")

MULTIPLE PROPOSALSSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

I. ACQUISITION OF TMD; AND

II. ACQUISITION OF SMS

(COLLECTIVELY REFERRED TO AS THE "ACQUISITIONS")

MULTIPLE PROPOSALSSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

I. ACQUISITION OF TMD; AND

II. ACQUISITION OF SMS

(COLLECTIVELY REFERRED TO AS THE "ACQUISITIONS")

General Meetings: Outcome of Meeting

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

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF STRAITS ("PRIVATE PLACEMENT")

$STRAITS / 0080 (STRAITS INTER LOGISTICS BERHAD)

OTHERSSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

- MEMORANDUM OF AGREEMENT BETWEEN STRAITS COMMNET SOLUTIONS SDN BHD, AN INDIRECT 70%-OWNED SUBSIDIARY OF STRAITS AND DIGITAL ONE SOLUTIONS LIMITED

ADMINISTRATIVE GUIDE TO SHAREHOLDERS

CIRCULAR TO SHAREHOLDERS ON THE PROPOSED ACQUISITIONS OF TMD AND SMS

General Meetings: Notice of Meeting

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISINGSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF STRAITS ("PRIVATE PLACEMENT")

General Meetings: Notice of Meeting

MULTIPLE PROPOSALSSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

I. PROPOSED ACQUISITION OF TMD; AND

II. PROPOSED ACQUISITION OF SMS

(COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITIONS")

OTHERSStraits Energy Resources Berhad ["Straits" or "the Company"]

Proposed Renewal of Existing Shareholders Mandate for Recurrent Related Party Transactions ("Proposal")

Quarterly rpt on consolidated results for the financial period ended 31/12/2023 (Amended Announcement)

Quarterly rpt on consolidated results for the financial period ended 31/12/2023

$STRAITS / 0080 (STRAITS INTER LOGISTICS BERHAD)
Research by TA
Not Rated - FV of RM0.20

"Rerating Catalyst from Diversification"

The search for hidden gem in the local bourse has never been an easy task.
STRAITS stands out on our investment radar when the company announced its intention to diversify into the telecommunication business.

Following our recent engagement with the management, we are convinced that telecommunication segment will be a significant growth driver for the group in the future. We expect the earnings potential to be huge, evidenced by the group’s ability to secure an orderbook of c.RM160mn. Meanwhile, the group’s core oil bunkering business is a beneficiary of the escalation in the Red Sea crisis and should remain stable in coming years. We value STRAITS at RM0.20/share, based on SOP valuation (Not Rated). We believe our valuation is fair considering the growth potential of its telecommunication
segment in line with 4G/5G rollout and the increasing adoption of digitalisation across various industries.

Analyst:
Ong Tze Hern
thong@ta.com.my

MULTIPLE PROPOSALSSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

I. PROPOSED ACQUISITION OF TMD; AND

II. PROPOSED ACQUISITION OF SMS

(COLLECTIVELY REFFERED TO AS THE "PROPOSED ACQUISITIONS")

MATERIAL LITIGATIONSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR "THE COMPANY")

MATERIAL LITIGATION PURSUANT TO PARAGRAPH 9.04(F) OF THE ACE MARKET LISTING REQUIREMENT

HIGH COURT OF MALAYA, KUALA LUMPUR

1) ING BANK N.V
2) O.W. BUNKER FAR EAST (SINGAPORE) PTE LTD

VS

TUMPUAN MEGAH DEVELOPMENT SDN. BHD. (TMD)

OTHERSSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")
- ACCEPTANCE OF LETTER OF AWARD FROM TIANU SDN BHD BY STRAITS COMMNET SOLUTIONS SDN BHD, AN INDIRECT 70%-OWNED SUBSIDIARY OF STRAITS

OTHERSSTRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

PROPOSED INTERNAL RESTRUCTURING