Announcement Details :
1. EXPECTED EFFECTS OF THE DISPOSAL ON THE EARNINGS PER SHARE AND GAIN ON DISPOSAL
For illustrative purposes, the proforma effects of the Disposal on the earnings per share of PMCB Group and the gain on disposal, based on the audited consolidated financial statements of PMCB for the financial year ended 31 December 2007, assuming that the Disposal had been implemented on that date, are set out in Table 1.
As illustrated in Table 1 the Disposal is expected to result in a gain of RM1,558,006 and an improvement of RM0.01 (1 sen) in earnings per share for PMCB Group.
2. NET ASSETS OF KOMAX SYSTEMS PENTA SDN. BHD. ("KSP")
The net assets of KSP based on its latest audited financial statements for the financial period from 1 September 2006 (date of incorporation) to 31 December 2007 amounted to RM4,514,470.
This announcement is dated 7 October 2008.
Table 1 : Proforma effects on the earnings and earnings per share of PMCB Group
|
Ref
|
Key Financial Information of PMCB
|
Effects based on the audited results as at 31 December 2007 RM
|
|
A
|
Cost of investment in KSP
|
|
|
|
(i) Unquoted shares, at cost
|
1,470,000
|
|
|
(ii) Share of post-acquisition results
|
771,994
|
|
|
|
2,241,994
|
|
|
|
|
|
B
|
Disposal consideration
|
3,800,000
|
|
|
|
|
|
C=B-A
|
Gain on disposal
|
1,558,006
|
|
|
|
|
|
D
|
Number of shares
|
133,243,050
|
|
|
|
|
|
E=C/D
|
Gain in earnings per share
|
0.01
|
