you probably got to know this counter screening their dividend yield/policy in FY2011. but this is a dead duck because their highest dividend policy in FY2011 is after culminating losses of a higher margin for FY10 and FY09. In all intent and purposes, it seems just pump in back what was NTA cutbacks and put in back into FY11.
accounting entries only in all probability from my estimate.
30/05/2011 Entitlement date 01/06/2011 Entitlement time 05:00:00 PM Entitlement subject Rights Issue Entitlement description RENOUNCEABLE RIGHTS ISSUE OF 15,475,725 NEW ORDINARY SHARES OF RM1.00 EACH IN ARK RESOURCES BERHAD ("ARK") (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN ARK AS AT 5.00 P.M. ON 1 JUNE 2011 TOGETHER WITH 15,475,725 FREE DETACHABLE WARRANTS ON THE BASIS OF ONE (1) DETACHABLE WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED
Before Right Issue capital reduction EX-date 30/05/2011 Entitlement date 01/06/2011 Entitlement time 05:00:00 PM Entitlement subject Others Entitlement description The capital reduction comprises the following:-
(a) cancellation of RM0.50 of the par value of each existing issued and fully paid-up share of ARK Resources Berhad ("ARK") of RM1.00 each; and
(b) consolidation on the basis of two (2) ordinary shares of RM0.50 each in ARK into one (1) ordinary share of RM1.00 each ("Capital Reduction").
THIRTY LARGEST SHAREHOLDERS AS AT 2ND May 2014 Name of Shareholders Shareholding % 1 Larutmas Sdn. Bhd. 11,755,000 28.59 2 Tunas Enterprise Sdn. Bhd. 5,000,000 12.16 3 Perbadanan Nasional Berhad 4,996,000 12.15 4 Cabaran Cendawan Sdn. Bhd. 4,052,125 9.86 5 RHB Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account For J.V. Avenue Sdn. Bhd. 2,008,750 4.89 6 Leong Kok Wah 1,893,925 4.61 7 Niaga Serimas Sdn Bhd 1,752,625 4.26 8 Teng Li Ling 1,017,350 2.47 9 Lai Thiam Poh 826,600 2.01 10 Chiang Siew Eng @ Le Yu Ak Ee 596,000 1.45 11 Ahmad Tajuddin Bin Abdul Carrim 437,500 1.06 12 Philip A/L K.O. Kunjappy 437,500 1.06 13 Boon Chong @ Sia Boon Chong 152,000 0.37 14 Sy Ban Lee 150,000 0.36 15 TA Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Yeoh Cheng Lee 150,000 0.36 16 Chong Muk Yin 148,750 0.36 17 PRB Nominees (Tempatan) Sdn. Bhd. Rubber Industry Smallholders Development Authority 147,000 0.36 18 Maybank Securities Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Mohd Amin Bin Suhaimi (REM 105) 138,450 0.34 19 Bong Nyon 105,000 0.26 20 Affin Nominees (Tempatan) Sdn Bhd Pledged Securities Account For Foo Howe Yee @ Johnny Foo Howe Yee 100,000 0.24 21 Eden @ Mohd Eden Bin Mohd Ali 100,000 0.24 22 PRB Nominees (Tempatan) Sdn. Bhd. Rubber Industry Smallholders Development Authority 100,000 0.24 23 Azlan Bin Awang 94,572 0.23 24 Lee Lai Leng 88,450 0.22 25 PRB Nominees (Tempatan) Sdn. Bhd. Rubber Industry Smallholders Development Authority 88,000 0.21 26 Lee Eng Min 87,900 0.21 27 Affin Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Chong Meng Chye (CHO0508C) 82,000 0.20 28 RHB Nominees (Tempatan) Sdn Bhd RHB Asset Management Sdn Bhd For Koay Chee Seng (EPF) 75,000 0.18 29 Tan Keh Wah 67,100 0.16 30 RHB Nominees (Tempatan) Sdn Bhd RHB Islamic Asset Management Sdn Bhd for Perbadanan Nasional Berhad 60,000 0.15 TOTAL 36,707,597 89.2
Changes in Director's Interest (S135) ARK RESOURCES BERHAD
Information Compiled By KLSE
Particulars of Director Name Dato' Mohd Salleh bin Yeop Abdul Rahman Address No. 82, Jalan Keruing, Bukit Bandaraya, Bangsar 58100 Kuala Lumpur Wilayah Persekutuan Descriptions(Class & nominal value) Ordinary Shares of RM1.00 each
Details of changes Currency: Malaysian Ringgit (MYR)
Type of transaction Date of change No of securities Price Transacted (RM) Acquired 24/07/2014 5,056,000 0.516
Circumstances by reason of which change has occurred Rintis Komersial Sdn. Bhd has today entered into a Sale of Shares Agreement with Perbadanan Nasional Berhad to purchase 5,056,000 shares in ARK Resources Berhad. Nature of interest Deemed Interest by virtue of his interest in Rintis Komersial Sdn. Bhd pursuant to Section 6A of the Companies Act, 1965 Consideration (if any) RM2,608,896.00 Total no of securities after change Direct (units) Direct (%) Indirect/deemed interest (units) 5,056,000 Indirect/deemed interest (%) 12.3 Date of notice 24/07/2014
1. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? No Types of corporate proposal Others Details of corporate proposal CONVERSION OF OUTSTANDING REDEEMABLE CONVERTIBLE SECURED LOAN STOCK No. of shares issued under this corporate proposal 1,890,904 Issue price per share ($$) MYR 1.000 Par Value ($$) MYR 1.000 Latest issued and paid up share capital after the above corporate proposal in the following Units 43,000,929 Currency MYR 43,000,929.000 Listing Date 12/08/2014
Involve issuance of new type/class of securities ? No Types of corporate proposal Others Details of corporate proposal CONVERSION OF OUTSTANDING REDEEMABLE CONVERTIBLE SECURED LOAN STOCK No. of shares issued under this corporate proposal 2,836,356 Issue price per share ($$) Malaysian Ringgit (MYR) 1.0000 Par Value ($$) Malaysian Ringgit (MYR) 1.000 Latest issued and paid up share capital after the above corporate proposal in the following
Units 45,837,285 Currency Malaysian Ringgit (MYR) 45,837,285.000 Listing Date 13 Aug 2015
Announcement Info Company Name ARK RESOURCES BERHAD Stock Name ARK
Its like asking dinosaurs to buy shares.There many cheap discount during Covid-19 case for potential company in ASEAN and Asia.Can use listed company to buy....Annoucement coming.
Ark is going up.buy 30-33 cents.tp 50 cents range.material price starting to reduce and target of injection of businesses either technology or industrial.buy 5k each.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Stock Operator
631 posts
Posted by Stock Operator > 2012-08-01 17:21 | Report Abuse
does anyone know anything abt this counter?