Table 1 - Details of the landed properties owned by Peridang and Arus
Registered
OwnerLand Title
Land area
Land Usage
Lease Expiry Date
Encumbrances
Peridang
HS(D)1420
Lot PT 1083,
Daerah Rompin,
Mukim Endau,
Pahang.545.75 acres
Agriculture
(Aquaculture)
only10-10-2021
Nil
Peridang
HS(D)3389
Lot PTI085.
Daerah Rompin, Mukim Endau,
Pahang.271.40 acres
Agriculture
(Aquaculture)
only13-06-2025
Nil
Peridang
HS(D) 1421
Lot PT1084, Daerah Rompin,
Mukim Endau,
Pahang.1,156.00 acres
Agriculture
(Aquaculture) only10-10-2021
Nil
Arus
HS(M) 1198
Lot 1785,
Daerah Rompin,
Mukim Endau,
Pahang.5.0 acres
Industrial (prawn processing factory)
12-12-2025
Nil
TOTAL
1,978.15 acres*
Note:-
* 860.0 acres of the total area of 1,978.15 acres have been developed with the balance undeveloped. The developed area comprise 175 ponds (with size ranging from 2 acres to 5 acres each), staff and workers quarters (27 units), single storey office building, single storey factory building for prawn processing, canteen, store, pump-house and generator-set room. The buildings are between eight (8) to eleven (11) years old.
Table 2 - Financial results of Peridang for the past five (5) financial years ended 30 June 2001
------------ Financial Year Ended 30 June ------------
1997
RM1998
RM1999
RM2000
RM2001
RMRevenue
1,344,500
1,347,002
557,500
809,469
1,079,294
Loss for the year
(1,390,372)
(2,267,228)
(2,280,609)
(1,818,768)
(1,316,053)
Ordinary shares in issue
5,000,000
5,000,000
5,000,000
5,000,000
5,000,000
Shareholders' funds
(8,287,875)
(10,555,103)
(12,835,712)
(14,654,480)
(15,970,533)
Total borrowings*
17,052,115
18,611,260
19,989,760
21,247,316
20,653,840
Net loss per share (sen)
(27.8)
(45.3)
(45.6)
(36.4)
(26.3)
Net tangible liabilities
(8,394,185)
(10,628,703)
(12,876,602)
(14,654,480)
(15,970,533)
Net tangible liabilities per share
(1.68)
(2.13)
(2.58)
(2.93)
(3.19)
Note:-
* Comprise net inter-company advances
Table 3 - Original cost and date of investment in Peridang
Date of investment
No. of Peridang shares acquired/subscribed
Type of shares
Cost of investment
RM21 August 1989
2
Ordinary shares
2
13 May 1992
4,999,998
Ordinary shares
4,999,998
21 May 2002
11,326,994
RPS
11,326,994
16,326,994
16,326,994
Table 4 - Financial results of Arus for the past five (5) financial years ended 30 June 2001
------------ Financial Year Ended 30 June ------------
1997
RM1998
RM1999
RM2000
RM2001
RMRevenue
-
-
-
-
106,588
Profit/(Loss) before taxation
(707,579)
492,361
(1,065,188)
(647,266)
(543,459)
Less taxation
86,946
12,073
-
-
-
Profit/(Loss) after taxation
(620,633)
504,434
(1,065,188)
(647,266)
(543,459)
Ordinary shares in issue
2
2
2
2
2
Shareholders' funds
(5,298,473)
(5,014,359)
(6,079,547)
(6,726,813)
(7,270,272)
Total borrowings*
8,102,704
7,902,148
7,128,248
7,572,813
7,850,893
Net earnings/(loss) per share
(310,316)
252,217
(532,594)
(323,633)
(271,730)
Net tangible liabilities
(5,304,139)
(5,018,609)
(6,082,381)
(6,726,813)
(7,270,272)
Net tangible liabilities per share
(2,652,070)
(2,509,304)
(3,041,190)
(3,363,406)
(3,635,136)
Note:-
* Comprise net inter-company advances
Table 5 - Original cost and date of investment in Arus
Date of investment
No. of Arus shares acquired/subscribed
Type of shares
Cost of investment
RM21 August 1989
2
Ordinary shares
2
21 May 2002
7,097,105
RPS
7,097,105
7,097,107
7,097,107
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