YGL

Quarterly rpt on consolidated results for the financial period ended 31/3/2005

YGL CONVERGENCE BERHAD

Quarterly report for the financial period ended

31/03/2005
Quarter1
Financial Year End31/12/2005
The figureshave not been audited

Remarks :
The above constitutes the proforma results of Ygl Convergence Berhad ("Ygl") and its subsidiaries ("Ygl Group") incorporating the results of Ygl Consulting Sdn Bhd ("YGLC") and Ygl Multimedia Resources Sdn Bhd ("YGLM") as if the acquisitions of these companies had been implemented and completed on 1 January 2005. The actual date of the completion of acquisitions of YGLC and YGLM is on 31 May 2005.

SUMMARY OF KEY FINANCIAL INFORMATION
31/03/2005


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR CORRESPONDING QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR CORRESPONDING PERIOD
31/03/2005 
31/03/2004 
31/03/2005 
31/03/2004 
 
 
 
 
RM'000
RM'000
RM'000
RM'000
1Revenue
1,266
0
1,266
0
2Profit/(loss) before tax
875
0
875
0
3Profit/(loss)
after tax and minority
interest
820
0
820
0
4Net profit/(loss) for
the period
820
0
820
0
5Basic earnings/(loss) per share (sen)
3.28
0.00
3.28
0.00
6Dividend per share (sen)
0.00
0.00
0.00
0.00



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

0.1389
0.0000

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


Remarks :
Ygl completed the acquisitions of YGLC and YGLM on 31 March 2005. The above proforma results of the Ygl Group incorporated the results of YGLC and YGLM, to show the effects of the acquisitions of YGLC and YGLM as if the acquisitions of these companies had been implemented and completed on 1 January 2005.

Notes:-

* Ygl will be listed on the MESDAQ Market of Bursa Malaysia Securities Berhad on 13 July 2005 and as such, no corresponding figures of year 2004 have been included.

** Earnings per share is calculated based on proforma profit after taxation and minority interest, divided by the number of shares of RM0.10 each assumed to be in issue after the acquisitions of YGLC and YGLM (assuming the acquisitions were completed on 1 January 2005). The actual date of the completion of acquisitions of YGLC and YGLM is on 31 May 2005.


Announcement Info

Company NameYGL CONVERGENCE BERHAD (MESDAQ Market) 
Stock Name YGL    
Date Announced8 Jul 2005  
CategoryFinancial Results
Reference NoO&-050708-42069