MUIPROP
Quarterly rpt on consolidated results for the financial period ended 30/9/2004
| MUI PROPERTIES BERHAD |
|
Quarterly report for the financial period ended | 30/09/2004 |
| Quarter | 3 |
| Financial Year End | 31/12/2004 |
| The figures | have not been audited |
SUMMARY OF KEY FINANCIAL INFORMATION30/09/2004 |
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 | ||
| 1 | Revenue | 20,386 | 26,746 | 56,409 | 69,304 |
| 2 | Profit/(loss) before tax | -1,810 | 6,050 | 1,376 | 14,261 |
| 3 | Profit/(loss) after tax and minority interest | -3,759 | 3,219 | -2,204 | 6,880 |
| 4 | Net profit/(loss) for the period | -3,759 | 3,219 | -2,204 | 6,880 |
| 5 | Basic earnings/(loss) per share (sen) | -0.49 | 0.42 | -0.29 | 0.90 |
| 6 | Dividend 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) | 1.1445 | 1.1564 | ||
Note: For full text of the above announcement, please access KLSE Web site at www.klse.com.my
| Remarks : |
| Special Dividend in specie of 2.00% less tax at 28% and 0.56% 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 "RRB 'A' Preference Shares") of Resona Resources Berhad [formerly known as Resona Resources Sdn Bhd and prior to that Peters Ice Cream (M) Sdn Bhd](hereinafter referred to as "RRB") on the basis of one (1) RRB 'A' Preference Share for every one (1) MUI Properties Berhad ordinary share of RM0.50 each held on the entitlement date. The declaration of the dividend in specie is to enable shareholders of the Company to be entitled to the relevant shareholding in RRB in order to participate in the distribution of RRB 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 RM671 million nominal value of irredeemable convertible unsecured loan stocks by MUIB. |
Announcement Info
| Company Name | MUI PROPERTIES BERHAD |
| Stock Name | MUIPROP |
| Date Announced | 23 Nov 2004 |
| Category | Financial Results |
| Reference No | MP-041123-56693 |