Tiger Synergy Berhad, an investment holding company, engages in the property development and construction businesses in Malaysia. The company operates through Manufacturing, Trading, and Property Development segments. It is involved in the trading of plywood, furniture parts and accessories, wood based panels, and other related products; and building materials and general trading business. The company also manufactures furniture parts and accessories, and wood based products. In addition, it engages in the timber concessions business; and property management and investment activities. The company was formerly known as Minply Holdings (M) Berhad and changed its name to Tiger Synergy Berhad in...
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Tiger Synergy Berhad Reports Unaudited Consolidated Earnings Results for the Quarter and Six Months Ended December 31, 2014
Feb 26 15
Tiger Synergy Berhad reported unaudited consolidated earnings results for the quarter and six months ended December 31, 2014. For the quarter, the company reported revenues of MYR 14,553,000 compared to MYR 1,073,000 a year ago. Profit from operations was MYR 2,000 compared to MYR 554,000 a year ago. Loss before tax was MYR 184,000 compared to profit before tax of MYR 96,000 a year ago. Basic loss per share was 0.02 sen compared to basic earnings per share of 0.01 sen a year ago. Loss attributable to the equity holders of the company was MYR 184,000 compared to profit of MYR 96,000 a year ago. For the quarter the group recorded a pre-tax loss due administration costs and completion of housing project. The current period revenue is derived mainly from disposal of certain lands.
For the six months, the company reported revenues of MYR 14,869,000 compared to MYR 4,788,000 a year ago. Loss from operations was MYR 677,000 compared to profit of MYR 2,084,000 a year ago. Loss before tax was MYR 877,000 compared to profit before tax of MYR 1,438,000 a year ago. Basic loss per share was 0.11 sen compared to basic earnings per share of 0.15 sen a year ago. Loss attributable to the equity holders of the company was MYR 877,000 compared to profit of MYR 1,134,000 a year ago. Net operating cash inflows were MYR 1,249,000 compared to net operating cash outflows of MYR 80,353,000 a year ago. Cash generated from operating activities was MYR 1,513,000 against cash used in operating activities of MYR 79,526,000 for the same period last year. Purchase of property, plant and equipment was MYR 3,205,000 against MYR 808,000 for the same period last year.
Tiger Synergy Berhad Proposes Amendments to the Articles of Association
Dec 4 14
Tiger Synergy Berhad announced that the nineteenth annual general meeting of shareholders of the company will be held on December 29, 2014, to consider the proposed amendments to the articles of association of the company.
Tiger Synergy Berhad, Annual General Meeting, Dec 29, 2014
Dec 4 14
Tiger Synergy Berhad, Annual General Meeting, Dec 29, 2014., at 11:00 Singapore Standard Time. Location: Klana Resort Seremban, Jalan Penghulu Cantik, Taman Tasik Seremban. Agenda: To receive the audited financial statements for the financial year ended June 30, 2014 together with the reports of the Directors and Auditors thereon; to re-elect Directors of the company; to appoint Messrs. UHY as Auditors of the company until the conclusion of the next Annual General Meeting and to authorise the Directors to determine their remuneration; to consider the authority to issue shares pursuant to section 132d of the companies act, 1965; to consider the proposed amendments to the articles of association of the company; and to transact any other ordinary business for which due notice shall have been given.