Earnings and EPS. The Lease Agreement is expected to contribute positively on the earnings and EPS of the Group for the FYE 31 December 2020 onwards.
Earnings and EPS. The Proposed Construction is not expected to have any material effect on the earnings and EPS of the Company for the financial year ending 31 December 2017 assuming that the Proposed Construction had been effected at the beginning of that financial year. However, the Proposed Construction is expected to contribute positively to the future earnings and EPS of the Company over the development and construction period of the Development. Nevertheless, as the development plans for the Development have yet to be submitted for regulatory approvals and the Provisional Contract Costs and the Provisional Management Contract Fees are still subject to change, it is currently too early to ascertain the expected profits to MRCB from the Proposed Construction.
Earnings and EPS. The Proposed PDP Contract is not expected to have any material effect on the earnings and EPS of MRCB for the financial year ending 31 December 2016. However, the Proposed PDP Contract is expected to contribute positively to the future earnings and EPS of the MRCB Group over the construction period of the Project.
Earnings and EPS. The Proposed Variation is not expected to have any material effect on the earnings of the Group for financial year ended 2019. Notwithstanding to the above, the Notes Issue with the effect of the Proposed Variation is expected to contribute positively to the earnings of the Group in the future financial years when the benefits of the utilisation of proceeds from the Notes Issue are realised. Subject to the future earnings of the Group, its EPS may be diluted in the future financial years as a result of the increase in its total number of issued shares arising from the conversion of the Notes into Conversion Shares.
Earnings and EPS. The Transactions involved the supply of the Products to CSTME since end of June 2020 up to 7 September 2020, hence the Transactions (as well as any other additional transactions up to the LPD) are expected to contribute positively to the earnings of the Group for the financial year ended 30 September 2020. The Proposed Private Placement is not expected to have any effect on the earnings of the Group for the financial year ended 30 September 2020 as the Proposed Private Placement is anticipated to be completed in the 1st half of FYE 2021 while the proceeds to be raised are expected to be utilised within 12 months from the date of listing of the Placement Shares. However, the Proposed Private Placement is expected to contribute positively to the future earnings of the Group when the benefits of the utilisation of proceeds are realised. The EPS of the Group will correspondingly be diluted as a result of the increase in the number of Anzo Shares to be issued pursuant to the Proposed Private Placement.
Earnings and EPS. The Proposed JTUA 3 is not expected to have any material impact to the earnings and EPS of the Integrax Group for the financial year ending 31 December 2015. However, the Proposed JTUA 3 is expected to contribute positively to the future earnings of the Integrax Group for the Initial Period, as it will result in an increase in revenue upon LBT meeting its deliverables under the JTUA 3.
Earnings and EPS. The Proposed Purchase will not have any material impact on the consolidated earnings of TDM for the financial year ending 31 December 2020. However, the Proposed Purchase is expected to contribute positively to the earnings and earnings per share of TDM in the future years.
Earnings and EPS. Barring any unforeseen circumstances, this Agreement is expected to contribute positively to the earnings and earnings per share of the Group as the earnings would be realised in stages over the tenure of the Agreement.
Earnings and EPS. The Proposed Repayment is not expected to have any material effect on the consolidated earnings and EPS of YKGI Group for the FYE 31 December 2020 as the powers conferred by the Share Charge shall be exercised by MISI only after 31 December 2020 and in the event the Amount Owing by YKGI to MISI-Repayment Agreement has not been fully repaid by YKGI by 31 December 2020. However, in the event YKGI fails to repay the entire Amount Owing by YKGI to MISI- Repayment Agreement by 31 December 2020 and 49.0% of total issued share capital of ARSB was transferred by YKGI to MISI pursuant to the Share Transfer, the EPS of the Group for FYE 31 December 2021 onwards will decrease. The illustration of such scenario based on the audited consolidated financial statements of YKGI for the FYE 31 December 2018 and the audited consolidated financial statements of ARSB for the FYE 31 December 2018 is as shown in the table below. No. Items Unit Measurements Audited as at 31 December 2018 Pro Forma I Pro Forma II After implementation of the ProposedRepayment (2) After Pro Forma I and the ShareTransfer 1 XXX attributable to shareholders from continuing operations RM 2,749,091 (1) 2,749,091 (3) 1,472,273 2 Number of YKGI Shares RM 350,684,180 350,684,180 350,684,180 3 Pro Forma EPS sen 0.78 0.78 0.42
(1) The estimated expenses in relation to the Proposed Repayment is amounted to approximately RM0.58 million. The said estimated expenses will be not be recognised as an expense under the consolidated statement of profit or loss of the YKGI Group since the cost will be borne directly by MISI pursuant to the terms of the Repayment Agreement.
(2) For the avoidance of doubt, the effects of the Share Transfer in the table above have been computed based on the assumption that 49.0% of the total issued share capital of ARSB is transferred by YKGI to MISI and/or its nominee. The said effects are for illustration only as the actual number of ARSB Shares to be transferred by YKGI to MISI and/or its nominee will be based on the Balance Amount Owing by YKGI to MISI-Repayment Agreement.
(i) After taking into consideration the decrease in the XXX attributable to the shareholders of YKGI by the quantum which represents 49.0% of the consolidated XXX of ARSB Group.
(ii) In accordance with MFRS 10 (Consolidated Financial Statements), changes in a parent’s ownership interest in a subsidiary company that do not result in the parent losing control of the subsidiary company are equity transactions. When the...
Earnings and EPS. The Proposals are not expected to have any material impact on the Group’s earnings for the financial year ending 30 September 2017 as it is only expected to be completed by the 1st quarter of 2018. However, the Board expects the Proposals, as part of the Group’s plan to regularise its financial condition and return the Group to profitability, to contribute positively to the future earnings of the Group. The Group would also recognise a one-off gain of approximately RM7.61 million as a result of the proposed waiver of debts pursuant to the Proposed Debt Restructuring. Moving forward, the Group’s future earnings would depend on, amongst others, the return generated from the utilisation of the proceeds arising from the Proposed Private Placement and the Proposed Rights Issue. Although the EPS of the Group will be diluted as a result of the increase in the number of KFM Shares in issue upon completion of the Proposals, the extent of dilution to the EPS is dependent on, amongst others, the actual number of KFM Shares to be issued and the future earnings of the Group.
