Group turnover achieved for the quarter was RM9.0 million. The turnover achieved was lower than the
corresponding quarter last year of RM12.9 million by 30.2%. This was due to lower sales achieved by the ICT
business for the quarter. The Group recorded a loss before tax of RM1.8 million for the quarter which is slightly
higher than the loss before tax of RM1.6 million incurred in the corresponding quarter in the previous year due to
the reduced turnover.
The turnover of RM9.0 million for this quarter was higher than that achieved in the preceding quarter of RM6.1
million due to higher sales achieved by the apparel division as this quarter captures the Hari Raya festive period.
In view of the higher turnover, the Group suffered a reduced loss before tax of RM1.8 million for this reporting
quarter as compared to a loss of RM2.4 million recorded in the previous quarter
Current Year Prospects
The Group achieved a turnover of RM15.1 million for the first half of the year which was within expectations. The
ICT business continues to show growth potential despite incurring losses as the Group prepares to move into the
field of Artificial Intelligence, a new and innovative area of growth for the Group. The setting up of various
subsidiaries to undertake new and related businesses in the ICT sector which will place the Group at the forefront
of the industry. The Group will be well positioned to take advantage of improving prospects of the ICT industry
for the current and next financial year.
Corporate Proposals:
On 29 March 2019, the Company announced a proposal to undertake the establishment and implementation of a
Share Grant Scheme ('SGS") of up to 10% of the total number of issued shares of G3 (excluding treasury shares, if
any) at any point in time during the duration of the Proposed SGS for the executive directors and employees of G3
and its subsidiaries who fufil the eligibility criteria. The Proposal has been approved by shareholders at an EGM
on 22 August 2019.
On 27 May 2019, the Company announced a proposal to dispose off the entire equity interests in 3 wholly owned
subsidiaries, ie. Edwin Jeans (M) Sdn Bhd, GA Blue Corporation Sdn Bhd and Yen Retailing (M) Sdn Bhd to
Triple Treasure Sdn Bhd for a total consideration of RM4,384,000. The proposal is pending completion as at the
date of this report.
On 26 April 2019, the Company announced the signing of a Memorandum of Understanding with SenseTime
Group Ltd of Hong Kong and China Harbour Engineeering Co. Ltd of China for a proposed joint venture to set up
an AI Park in Malaysia for the development of AI solutions and other related technology, facilities
andinfrastruture. The project is still pending signing of any agreement.
G3的Q2业积:
本季度实现的集团营业额为900万令吉。实现的营业额低于
去年同期的1290万令吉增长30.2%。这是由于ICT的销售额下降
本季度的业务。本集团本季度的税前亏损为180万令吉,略有下降
由于上年度相应季度产生的税前亏损为160万令吉
营业额减少。
本季度的营业额为900万令吉,高于上一季度的610万令吉
由于服装部门的销售额增加,因为本季度捕获了Hari Raya节日期间。
鉴于营业额较高,本集团于报告中减少税前亏损180万令吉
季度与上一季度录得的240万令吉亏损相比
本年度展望
本集团上半年的营业额达到1,510万令吉,符合预期。该
尽管本集团准备进入该行业,但ICT业务仍然表现出增长潜力
人工智能领域,是集团新的创新增长领域。各种设置
子公司将承担ICT行业的新业务和相关业务,这将使集团处于领先地位
这个行业。本集团将有利于改善ICT行业的前景
对于当前和下一个财政年度。
公司建议:
2019年3月29日,公司宣布了一项建议和实施的建议
股份赠款计划(「SGS」)最多占G3已发行股份总数的10%(不包括库存股份,如果
任何)在建议的SGS期间为G3的执行董事和雇员提供的任何时间点
及其子公司符合资格标准。该提案已在股东特别大会上获股东批准
于2019年8月22日。
于2019年5月27日,本公司宣布建议出售3名全资股权
子公司,即。 Edwin Jeans(M)Sdn Bhd,GA Blue Corporation Sdn Bhd和Yen Retailing(M)Sdn Bhd
Triple Treasure私人有限公司,总代价为4,384,000令吉。该提案尚待完成
本报告的日期。
2019年4月26日,公司宣布与SenseTime签署谅解备忘录
香港集团有限公司与中国港湾工程有限公司拟成立合资公司
马来西亚的AI Park,用于开发人工智能解决方案和其他相关技术,设施
andinfrastruture。该项目仍有待签署任何协议。
(取自财報)
公司净现金RM1669万。
大马首个AI产业园发展项目是看点。
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