KYM

Quarterly rpt on consolidated results for the financial period ended 31/10/2009

Amended Announcements
Please refer to the earlier announcement reference number: KH-091221-63264

KYM HOLDINGS BERHAD

Financial Year End

31/01/2010
Quarter3
Quarterly report for the financial period ended31/10/2009
The figureshave not been audited

Remarks :
We would like to announce that we have made an amendment to the 3rd Quarter results due to the following:-

As per the shareholders’ approval obtained during the EGM held on 6 August 2009 and the Court’s approval of the Proposed Par Value Reduction, a portion of the credit arising from the Par Value Reduction of RM40,567,250 be applied towards:
(a)Firstly, the creation of a Capital Reserve to be utilised for the issuance of the Warrants under the Proposed Issuance of Free Warrants; and
(b)Secondly, the balance setting off and eliminating the Accumulated Losses of the Company.

Based on the assessment conducted by Ferrier Hodgson MH Sdn Bhd vide its letter dated 1 July 2009, the fair value for 40,567,250 Warrants totaling RM10,141,813 based on the fair value of each Warrant at RM0.25.

Therefore, an amount of RM10,141,813 to be debited from Share Capital to Capital Reserve. The amendments have been made to the Condensed Consolidated Balance Sheet and Condensed Consolidated Statements of Changes in Equity to reflect the abovementioned.
  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/10/2009

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/10/2009
31/10/2008
31/10/2009
31/10/2008
$$'000
$$'000
$$'000
$$'000
1Revenue
14,297
13,622
44,591
41,334
2Profit/(loss) before tax
-2,201
-4,207
-8,346
-12,485
3Profit/(loss) for the period
-2,370
-4,378
-6,602
-13,026
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,140
-3,020
-4,020
-9,112
5Basic earnings/(loss) per share (Subunit)
-1.40
-3.72
-4.95
-11.23
6Proposed/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 ($$)
0.2400
0.2900
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


Announcement Info

Company NameKYM HOLDINGS BERHAD  
Stock Name KYM    
Date Announced23 Dec 2009  
CategoryFinancial Results
Reference NoKH-091223-61808