Tune Protect Group Berhad

$TUNEPRO / 5230 (TUNE PROTECT GROUP BERHAD)
Research by TA

$TUNEPRO / 5230 (TUNE PROTECT GROUP BERHAD)
Research Report by TA

Tune Protect Group Bhd, launched with high expectations a decade ago, was first met with great optimism.

$TUNEPRO / 5230 (TUNE PROTECT GROUP BERHAD)
Research by TA
BUY – TP RM0.48

"Expect Turnaround in 2H24”

Tune Protect Group Berhad's posted 1H24 net loss of RM13.3mn (vs. our full-year net profit forecasts of RM25.6mn). We deem the result to be within expectations as we expect the group to turn around in 2H24

Analyst:
Tan Kong Jin
kjtan@ta.com.my

$TUNEPRO / 5230 (TUNE PROTECT GROUP BERHAD)

Change in Boardroom - ENCIK ARIFF BIN ROZHAN

Change in Boardroom - MR JAYAKUMAR A/L SOMASUNDRAM

Change in Nomination Committee - ENCIK ARIFF BIN ROZHAN

Change in Remuneration Committee - ENCIK ARIFF BIN ROZHAN

Change in Remuneration Committee - DR GRACE LEE HWEE LING

Change in Audit Committee - DR GRACE LEE HWEE LING

Change in Risk Committee - DR GRACE LEE HWEE LING

Change in Nomination Committee - DR GRACE LEE HWEE LING

Change in Boardroom - DR GRACE LEE HWEE LING

General Meetings: Outcome of Meeting

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

$TUNEPRO / 5230 (TUNE PROTECT GROUP BERHAD)
Research by TA
Buy – TP RM0.48

“Expect Better Performance Moving Forward"

We reiterate our Buy recommendation on the stock with a TP of RM0.48/share based on 0.6x CY25 PB.

Analyst:
Tan Kong Jin
kjtan@ta.com.my

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

OTHERSTUNE PROTECT GROUP BERHAD ("TPG" OR "THE COMPANY") - OFFER OF OPTIONS UNDER THE LONG TERM INCENTIVE PLAN ("LTIP") OF THE COMPANY

Annual Report & CG Report - 2023

Part A - Circular to Shareholders in relation to the Proposed New Shareholders' Mandate and Renewal of the Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature Part B - Statement to Shareholders in relation to the Proposed Renewal of Authority for the Company to Purchase Its Own Shares of up to 10% of the Total Number of Issued Shares of the Company

General Meetings: Notice of Meeting

$TUNEPRO / 5230 (TUNE PROTECT GROUP BERHAD)

Change in Principal Officer - MR ROHIT CHANDRASEKHARAN NAMBIAR

Change in Remuneration Committee - MISS TAN MING-LI

Change in Audit Committee - MISS TAN MING-LI

Change in Risk Committee - MISS TAN MING-LI

Change in Nomination Committee - DR GRACE LEE HWEE LING

Change in Nomination Committee - MISS TAN MING-LI

Change in Remuneration Committee - DR GRACE LEE HWEE LING