PMCORP

Quarterly rpt on consolidated results for the financial period ended 30/9/2004

PAN MALAYSIA CORPORATION BERHAD

Quarterly report for the financial period ended

30/09/2004
Quarter3
Financial Year End31/12/2004
The figureshave not been audited

Attachments

PMCSept2004.xls
221 KB

SUMMARY OF KEY FINANCIAL INFORMATION
30/09/2004


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR CORRESPONDING QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR CORRESPONDING PERIOD
30/09/2004 
30/09/2003 
30/09/2004 
30/09/2003 
 
 
 
 
RM'000
RM'000
RM'000
RM'000
1Revenue
88,382
113,620
257,448
297,054
2Profit/(loss) before tax
-6,618
27
7,102
13,040
3Profit/(loss)
after tax and minority
interest
-8,842
-2,258
9,145
1,477
4Net profit/(loss) for
the period
-8,842
-2,258
9,145
1,477
5Basic earnings/(loss) per share (sen)
-1.09
-0.31
1.17
0.20
6Dividend per share (sen)
0.01
0.00
0.01
0.00



AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net tangible assets per share (RM)

1.8750
2.0212

Note: For full text of the above announcement, please access KLSE Web site at www.klse.com.my


Remarks :
On 23 November 2004, the Board of Directors has declared a Special Dividend in specie of 2% tax exempt in respect of the financial year ending 31 December 2004. The net dividend of RM0.01 per share which is payable on 28 December 2004, is to be satisfied by an in-specie distribution of Class A non-voting preference shares (hereinafter referred to as "SPB 'A' Preference Shares") of Syahdu Pinta Berhad [formerly known as Syahdu Pinta Sdn Bhd] (hereinafter referred to as "SPB") on the basis of one (1) SPB 'A' Preference Share for every one (1) Pan Malaysia Corporation Berhad ordinary share of RM0.50 each held on the entitlement date.

The declaration of the special dividend in specie is to enable shareholders of the Company to be entitled to the relevant shareholding in SPB in order to participate in the distribution of SPB assets, the process of distribution of which is more particularly described in Section 2.3 of the Company's Circular to the Shareholders dated 12 October 2004 concerning the settlement of inter-company advances owing by Malayan United Industries Berhad ("MUIB") involving the issuance of up to RM1,285 million nominal value of irredeemable convertible unsecured loan stocks by MUIB.


Announcement Info

Company NamePAN MALAYSIA CORPORATION BERHAD  
Stock Name PMCORP    
Date Announced25 Nov 2004  
CategoryFinancial Results
Reference NoPM-041125-56228