December 05, 2016 4:34 AM ET

Media

Company Overview of Asia Media Group Berhad

Company Overview

Asia Media Group Berhad, an investment holding company, operates as a digital out-of-home Transit television (TV) company in Malaysia. The company offers infotainment and targeted advertising through the use of digital electronic displays installed in various outdoor premises. It is involved in the business of multimedia advertising services; media communications; commercialization of narrowcasting network solutions, and dynamic and automation contents; and provision of related integration, maintenance, and support services. The company also produces and markets electronic audio and visual media, as well as operates TransNet, a channel that uses LCD-TV screens to display infotainment program...

No. 35, Jalan Bandar 16

First Floor

Pusat Bandar Puchong

Puchong,  47100

Malaysia

Phone:

60 3 5882 7788

Fax:

60 3 5882 6622

Key Executives for Asia Media Group Berhad

Asia Media Group Berhad does not have any Key Executives recorded.

Asia Media Group Berhad Key Developments

Asia Media Group Berhad Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2016

Asia Media Group Berhad announced unaudited consolidated earnings results for second quarter and six months ended June 30, 2016. For the quarter, the company reported revenue of MYR 2,415,000, loss from operation of MYR 1,028,000, loss before taxation of MYR 1,042,000, loss for the period of MYR 1,042,000, loss for the period attributable to equity holder of the company of MYR 1,041,000, basic loss per share of 0.43 sen, LBITDA of MYR 420,000, compared to the revenue of MYR 2,975,000, loss from operation of MYR 6,392,000, loss before taxation of MYR 6,406,000, loss for the period of MYR 6,406,000, loss for the period attributable to equity holder of the company of MYR 6,405,000, basic loss per share of 0.53 sen, LBITDA of MYR 719,000, for the same quarter a year ago. For the year to date, the company reported revenue of MYR 4,883,000, loss from operation of MYR 2,422,000, loss before taxation of MYR 2,450,000, loss for the period of MYR 2,450,000, loss for the period attributable to equity holder of the company of MYR 2,404,000, basic loss per share of 1.0 sen, LBITDA of MYR 1,256,000, net cash used in operating activities of MYR 2,969,000, purchase of property, plant and equipment of MYR 422,000 compared to the revenue of MYR 6,530,000, loss from operation of MYR 11,998,000, loss before taxation of MYR 12,026,000, loss for the period of MYR 12,026,000, loss for the period attributable to equity holder of the company of MYR 11,980,000, basic loss per share of 1.0 sen, LBITDA of MYR 656,000, net cash from operating activities of MYR 9,198,000, purchase of property, plant and equipment of MYR 11,103,000 for the same period a year ago.

Asia Media Group Berhad Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016

Asia Media Group Berhad reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company's revenue was MYR 2,468,000 compared to MYR 3,555,000 a year ago. Loss from operations was MYR 1,394,000 compared to MYR 5,606,000 a year ago. Loss before taxation was MYR 1,408,000 compared to MYR 5,620,000 a year ago. Loss for the period attributable to equity holders of the parent was MYR 1,363,000 or 0.57 sen per basic share compared to MYR 5,575,000 or 0.47 sen per basic share a year ago. LBITDA was MYR 836,000 against EBITDA was MYR 63,000 a year ago. Net cash used in operating activities was MYR 2,481,000 compared to net cash from operating activities of MYR 9,544,000 a year ago. Purchase of property, plant and equipment was MYR 124,000 compared to MYR 7,083,000 a year ago. The reducction in revenue was mainly attributable to the decrease in customers' demand for the financial period ended 31 March 2016. The reduction in losses due to better cost control by the company as well as lower depreciation charges in current quarter ended 31 March 2016. Net assets per share attributable to ordinary equity holders of the parent was 13.19 sen.

Asia Media Group Berhad, Annual General Meeting, May 23, 2016

Asia Media Group Berhad, Annual General Meeting, May 23, 2016, at 09:00 Singapore Standard Time. Location: Tioman Room, Bukit Jalil Golf & Country Resort Jalan Jalil Perkasa 3, Bukit Jalil 57000 Kuala Lumpur Malaysia Agenda: To receive the statutory financial statements for the year ended 31 December 2015 together with the Directors' and auditors' reports thereon; to approve the payment of Directors' Fees of MYR 156,678.58 for the year ended 31 December 2015; to re-elect Ms. Yeong Siew Lee who retires in accordance with Article 70 of the company's articles of association; to re-appoint Messrs Ecovis AHL PLT as auditors of the company and to authorise the Directors to fix their remuneration; and to consider authority to issue shares pursuant to Section 132D of the Companies Act, 1965.

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