【RKI 7006 交流专区】（前名 LATITUD ）

icy97

LATITUDE TREE HOLDINGS BERHAD

EX-date	13 Dec 2016
Entitlement date	15 Dec 2016
Entitlement time	05:00 PM
Entitlement subject	First and Final Dividend
Entitlement description	Final tax exempt dividend of 12.0 sen per share for the financial year ended 30 June 2016
Period of interest payment	to
Financial Year End	30 Jun 2016
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	BOARDROOM CORPORATE SERVICES (KL) SDN BHDLot 6.05, Level 6, KPMG Tower8, First AvenueBandar Utama47800Petaling JayaTel:0377201188Fax:0377201111
Payment date	13 Jan 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	15 Dec 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.12
Par Value	Malaysian Ringgit (MYR) 1.000

哭哭鸟

2016年報:
koon yew yin..

哭哭鸟

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2016	30 Sep 2015	30 Sep 2016	30 Sep 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	205,403	217,973	205,403	217,973
2	Profit/(loss) before tax	24,060	31,335	24,060	31,335
3	Profit/(loss) for the period	21,093	28,264	21,093	28,264
4	Profit/(loss) attributable to ordinary equity holders of the parent	21,093	28,144	21,093	28,144
5	Basic earnings/(loss) per share (Subunit)	21.70	28.95	21.70	28.95
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	5.2900		4.9900

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尊從魔法敎室敎誨，出席了 LATITUDE TREE 的22届年会，遗憾見不着官佬和魔法師，管理层不錯，很用心经营，会中多位股东，不断投诉公司有多余现金，应该提高股息，但，管理层反对，因为要保留現金流动以备不时之需，政策是股息15巴仙，红股应该不会发，因为对公司没有好处，而且以前两次发红股，股价皆下跌，今年在登嘉楼有建一间鋸木厂，已经接近70巴仙完成，用意降低成本，自己锯木好过帮別人买锯好的木板，其集团产品99巴仙出囗，美国、加拿大、欧洲、澳洲、南非等，有7间厂房，4间在大马、2间在越南、1间在泰国，大馬厂是专门生产橡木家具，越南则是多元的，员工大概是有7千多人，和 Liihen 比较Latitude 主攻中上级产品，Liihen 则是中下，中下级的产品比较競争，高级产品则更有特色，价格利润也会高些，询问美金升值问题，有利，但也如法師所说的一样，顾客又会要求 Discounts , 另，2014 年、2015 年，业绩成长标青，2016年扯平，2017更加要努力，皆因大环境逆轉，尤其越南方面出现了多家強而有力的中国競争者，丢价也！管理层面对未知的2017 ，看起来有点徬徨，但也努力的嘗试儲糧 （現金、开新产品、新市场，建新厂降低成本，），总的来说，也是橡胶材慢火炖汤，共勉之....

哭哭鸟

【U TURN股】- LATITUD (7006) 强势回归，美金走高最大的获利者之一！
Tuesday, February 14, 2017
http://harryteo.blogspot.my/2017/02/1386u-turn-latitud-7006.html

LATITUD(7006)在2014年以及2015年的股价涨幅分别是75.48%以及102.47%, 它在几年前公认是美金涨潮中的领头羊之一。股价从2012年底的70仙一度上涨到2016年1月的RM8以上，3年的涨幅超过了1,000%。不过由于2016年美金走低，盈利下滑导致股价一度下滑到RM4.64, 从巅峰足足下滑了40%以上。

不过随着公司的改革以及努力，公司最新季度的盈利YOY虽然下跌，但是已经连续两个季度QOQ都在提升着。因此股价才会从底部逆风而上到RM5.59, 从底部反弹了20%。而且美国US Home Sales数据不错，市场预测LATITUD未来2 – 3个季度的盈利可见度高，成长的【引擎】又再度出现在LATITUD的身上。

16Q4的美金Quarterly rate = 4.32, 比去年同期高了1%。因此预计LATITUD的盈利会在外汇盈利的贡献下QOQ会保持成长，YOY下滑些许也无伤大雅。

截至2月14日的今天，2017Q1的USD/MYR平均汇率是4.45，这样的汇率将会比去年16Q1高了5%以上。

在LATITUD最新的Annual Report中有提到，公司的手持的外汇现金高达RM160.91 mil，当中大部分都是美金。假设其中的100 mil是美金的话，9月30日的汇率是4.127，而12月31日是4.48，足足高了8.5%。因此LATITUD接下来公布的业绩【很可能】会有不错的Unrealized Forex Gain。

最新季度的PBT = RM24.06 mil，比去年同期的RM31.335 mil低了7.3 mil。不过从上图我们可以看到，去年同期的PBT如此之高是因为LATITUD有7.83 mil的外汇盈利，最新季度只有RM1.57 mil。假设Exclude掉外汇盈利的话，最新季度的Operating profit只比去年同期相差RM1.2 mil左右。

公司去年也投资了锯木厂，相信未来可以减少公司的成本并提高Profit Margin。

透过以上的分析，这个月公布的盈利或许会少许的下滑/持平，不过17Q3有望走上复苏之路。笔者在2017年注重的两个主题是【现金+股息】以及【底部反弹】，而LATITDU很明显是属于后者。

不少公司就算盈利YOY下滑，它们的股价都逆风而上，当中就有GESHEN, VS, GTRONIC, 以及LATITUD本身。主要原因是因为公司的盈利QOQ已经陆续在上涨，这意味着未来的盈利是复苏当中。

以下是同行5家市值最大的家私股的PE :
HOMERIZ = 10.69
HEVEA = 9.47
POHUAT = 8.97
LATITUD = 8.27
LIIHEN = 7.97

在规模最大的5家家私股当中，LATITUD的PE暂时是第2低，只比LIIHEN高了0.3。家私股的PE一路以来都低于10，平均大约是9左右，所以LATITUD的估值还处于可以接受的范围。

LATITUD只要盈利未来可以保持成长，长期会有10%以上(包括股息)的稳定回酬劳。

利好因素：

• 美金走高，外汇盈利增加
• 新的锯木厂已经完成70%，FY17预计会开始贡献盈利。
• 手握大笔现金，可以扩张
• 盈利从巅峰的RM91.2 mil下跌到最新的RM65.7 mil，股价已经反映利空消息。虽然盈利YOY下跌，股价已经开始上涨。
  

利空因素：

• 成交量太低，比较难卖出
• 派息不大方，公司也没有派发红股的意愿
  

哭哭鸟

【U TURN股续】- LATITUD(7006)获益于美金走高，EPS = 32.92 cent 破历史新高！
Tuesday, February 21, 2017
http://harryteo.blogspot.my/2017/02/1388u-turn-latitud7006eps-3292-cent.html

LATITUD(7006)今天交出了RM31.997 mil = 32.92 cent历史新高的Net Profit，YOY进步了21%。2017上半年的Net Profit Margin进步到12.8%，这主要归功于美金的走高。NTA更是一举飞跃到RM5.85, 比RM5.67的股价高了不少。

LATITUD的Net Profit已经连续3个季度QOQ进步，因此上个季度在盈利YOY下滑的情况下股价还节节上涨。15.28%的Net Profit Margin更是近年来的新高，在美金居高不下的情况下，下个季度应该可以保持在10%以上。16Q3 - Q4两个季度的Net Profit都低于RM10 mil， 未来两个季度的盈利成长将会非常可观。

假设从16Q1的历史新高盈利连接到17Q2的全年盈利，很明显会看到U shape，意味着盈利在复苏着。

去年1-3月的平均美金汇率是4.22，而截至2月21日，USD/MYR的平均汇率是4.45，短期来看LATITUD会继续获益于4.40以上的美金水平。

最近季度的外汇盈利是RM6.4 mil左右，比去年同期的RM3.875 mil高了不少。

总结：
2月14日笔者曾经详细分析过LATITUD，大家有兴趣的话可以看回。以下是网址链接：
http://harryteo.blogspot.com/2017/02/1386u-turn-latitud-7006.html

在原料价格以及劳力成本增加的情况下，LATITUD的盈利还可以保持进步，这是值得嘉许的。虽然部分是归功于美金走高，但是管理层积极开发新的市场以及研发新产品也是功不可没的。

展望未来,管理层会积极会专注获取更多的美国订单，新建的据木厂预计2017年会建好，相信到时候可以降低成本并增加公司的Profit Margin。

以下是同行5家市值最大的家私股的PE :

2016 FEB 14
HOMERIZ = 10.69
HEVEA = 9.47
POHUAT = 8.97
LATITUD = 8.27
LIIHEN = 7.97

2016 FEB 21
HOMERIZ = 10.75
HEVEA = 9.87
POHUAT = 8.72
LIIHEN = 8.36
LATITUD = 7.75
在5家市值最大的家私股当中，LATITUD的PE是最低的，也是唯一NTA >股价的公司。5家公司的平均PE大约是9左右，因此LATITUD的长期还是有10%以上的成长空间的。

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2016

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2016	31 Dec 2015	31 Dec 2016	31 Dec 2015
		$$'000	$$'000	$$'000	$$'000

1	Revenue	209,365	211,366	414,768	429,339
2	Profit/(loss) before tax	35,075	30,192	59,135	61,527
3	Profit/(loss) for the period	31,997	26,575	53,090	54,839
4	Profit/(loss) attributable to ordinary equity holders of the parent	31,997	26,472	53,090	54,616
5	Basic earnings/(loss) per share (Subunit)	32.92	27.23	54.62	56.18
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	5.8500		4.9900

哭哭鸟

Latitude 基本面好，低本益比，為何還會跌？
Author: Adi_Investor   |    Publish date: Tue, 23 May 2017, 11:12 AM
https://klse.i3investor.com/blogs/adi/123380.jsp

有人詢問我關於他手中一支股票的看法。
Latitude，從事家具製造業。
它的業務介紹如下（懶得翻譯）：
Latitude Tree Holdings Berhad is an investment holding company, which is engaged in the provision of management services. The Company's segments include Manufacturing; Rental of property, plant and equipment, and Investment holding. It offers various product categories, including bedroom, living room, dining set and others. Its products are exported overseas to the United States, Canada, Europe, South Africa, Australia and the Middle East countries. Its manufacturing activities are operated from its over four factories in Malaysia, approximately two factories in Vietnam and over one factory in Thailand. Its subsidiaries include Latitude Tree Furniture Sdn. Bhd. and Rhong Khen Timbers Sdn. Bhd., which are engaged in the manufacture and sale of wooden furniture and components; Rhong Khen Industries Malaysia Sdn. Bhd., which is engaged in the manufacture and sale of decorative wood panels and papers, and Great Paddy Pte. Ltd., which is engaged in investment holding and general trading.

家具製造業在２００９年前，一向表現普通，但是之後不知道什麼原因，業績突飛猛進。
但是，我觀察了家具業的同行，目前P/E 多在個位數，所以這不是Latitude 這自己一家的問題，而是市場對這行業如此評價。

        

從帳目看Latitude：

        Revenue：

        2013年　493.69

        2014年　651.02

        2015年　710.0

        2016年　770.6

        Gross Profit：

        2013年　71.20

        2014年　109.84

        2015年　117.89

        2016年　136.66

        EPS：

        2013年　0.25

        2014年　0.57

        2015年　0.8

        2016年　0.75

        2017年首半年累積的 EPS是0.55，所以估計表現應該不會輸2016年太多。

        DPS：

        2013年　0.06

        2014年　0.09

        2015年　0.12

        2016年　0.12

        Cash From Operating Activities：

        2013年　52.88

        2014年　82.61

        2015年　67.07

        2016年　84.77

        2017年首半年累積的 Cash From Operating Activities是23.88，表現似乎會輸給2016年。

        Shareholders' Equity：

        2013年　450.39

        2014年　475.33

        2015年　595.59

        2016年　665.88

公司債務也不高。
整體來說，這公司的經營很順暢。
雖然成長率不怎麼樣。
平均每股淨值是 6.85，比截筆時的股價 5.24 還要低。
P/E 不到１０倍，經過一輪下跌到現在，P/E 是６.９８倍。
但是，為何股價會下跌呢？

我的結論是，市場對家具業的未來預期的下降。
幾乎所有家具股票，都是在今年開始股價走勢開始停滯，然後走向下跌。
只要預期下跌，就算股價現在看似便宜，依然會下跌。
預期下跌的原因，我判斷是房地產走向低迷所影響。
尤其在越來越清楚的現在。
這影響除了我國大馬外，外國也開始有呈現問題。
實際上，大馬房地產有問題早在２０１５年已經出現，但是現在才反應，原因在於有滯後性。
家具的銷量和新屋出售有密切關係。
因為多數家庭不大會時常換家具（馬來人會比較頻繁，但是華人不會）。
所以家具的增加，需要新房子的出售，才會刺激消費者添購新家具。

結論：
雖然現在很多家具業者的P/E 介於7-12之間，但是只要預期不改，跌到P/E 4-5，也是有可能的。

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2017	31 Mar 2016	31 Mar 2017	31 Mar 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	187,269	165,699	602,037	595,038
2	Profit/(loss) before tax	14,646	11,481	73,781	73,008
3	Profit/(loss) for the period	11,515	8,278	64,605	63,117
4	Profit/(loss) attributable to ordinary equity holders of the parent	11,515	8,302	64,605	62,918
5	Basic earnings/(loss) per share (Subunit)	11.85	8.54	66.46	64.73
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	5.8100		4.9900

icy97

Type	Announcement
Subject	OTHERS
Description	LATITUDE TREE HOLDINGS BERHAD ("LTHB" OR "THE COMPANY") - Internal Re-organisation of Group Structure pursuant to Share Purchase Agreement
Pursuant to Paragraph 9.19(5) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company wishes to announce that Linkage Creation International Co. Ltd. (“Linkage Creation”) had on 3 July 2017 entered into a Share Purchase Agreement with L-Tree Resources Sdn. Bhd. (“L-Tree”), both wholly-owned subsidiaries of the Company, for disposal of 2 ordinary shares, representing 0.000015% of the total registered capital of Latitude Tree Vietnam Joint Stock Company (“Latitude Tree Vietnam”) from Linkage Creation to L-Tree at a total consideration USD0.51 (equivalent to approximately RM2.18) (“Internal Re-organisation"). Upon completion of the Internal Re-organisation, L-Tree will hold 0.000015% in Latitude Tree Vietnam. The changes in LTHB Group Structure are presented as follows: Name of company Pre Internal Re-organisation Post Internal Re-organisation Latitude Tree Vietnam 99.99997% held by Latitude Tree Sdn. Bhd. 0.000015% held by Latitude Tree International Limited 0.000015% held by Linkage Creation 99.99997% held by Latitude Tree Sdn. Bhd. 0.000015% held by Latitude Tree International Limited 0.000015% held by L-Tree Latitude Tree Vietnam is a company incorporated in Vietnam and having its registered office at No. 29, Road DT 743, Song Than 2 Industrial Zone, Tan Dong Hiep Ward, Di An Town, Binh Duong Province, Vietnam. The paid-up share capital of Latitude Tree Vietnam is VND135,234,000,000.00 consisting of 13,523,400 ordinary shares with a par value of VND10,000.00 each. The Internal Re-organisation will not have any material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of the Company for the financial year ended 30 June 2017. None of the Directors and/or major shareholders of the Company and/or persons connected with them have any interest direct or indirect in the Internal Re-organisation. The Board of Directors of the Company, having taken into consideration all aspects of the above, is of the opinion that the Internal Re-organisation is in the best interest of the Company. This announcement is dated 3 July 2017.

icy97

Notice of Person Ceasing (Section 139 of CA 2016)

LATITUDE TREE HOLDINGS BERHAD

Particulars of Substantial Securities Holder

Name	MR LIN TZU-LANG
Nationality/Country of incorporation	Taiwan, Province of China
Descriptions (Class)	Ordinary Shares
Date of cessation	26 Jul 2017
Name & address of registered holder	Lin Tzu-Lang39, Jalan SS19/4G47500 Subang JayaSelangor, Malaysia

No of securities disposed	1,000,000
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposed 1,000,000 shares
Nature of interest	Direct Interest
Date of notice	27 Jul 2017
Date notice received by Listed Issuer	27 Jul 2017

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2017	30 Jun 2016	30 Jun 2017	30 Jun 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	183,997	175,558	786,034	770,596
2	Profit/(loss) before tax	14,566	19,205	88,347	92,213
3	Profit/(loss) for the period	4,460	9,807	69,065	72,924
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,460	9,807	69,065	72,725
5	Basic earnings/(loss) per share (Subunit)	4.59	10.09	71.05	74.81
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	5.6900		4.9900

icy97

LATITUDE TREE HOLDINGS BERHAD

EX-date	28 Dec 2017
Entitlement date	02 Jan 2018
Entitlement time	05:00 PM
Entitlement subject	Final Dividend
Entitlement description	Final tax exempt dividend of 12.0 sen per ordinary share for the financial year ended 30 June 2017
Period of interest payment	to
Financial Year End	30 Jun 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	BOARDROOM CORPORATE SERVICES (KL) SDN BHDLot 6.05, Level 6, KPMG Tower8, First AvenueBandar Utama47800 Petaling JayaTel: 03-77201188Fax: 03-77201111
Payment date	30 Jan 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	02 Jan 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.12

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2017	30 Sep 2016	30 Sep 2017	30 Sep 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	216,778	205,403	216,778	205,403
2	Profit/(loss) before tax	17,574	24,060	17,574	24,060
3	Profit/(loss) for the period	15,410	21,093	15,410	21,093
4	Profit/(loss) attributable to ordinary equity holders of the parent	15,410	21,093	15,410	21,093
5	Basic earnings/(loss) per share (Subunit)	15.85	21.70	15.85	21.70
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	5.8800		5.7700

icy97

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

LATITUDE TREE HOLDINGS BERHAD

Particulars of Substantial Securities Holder

Name	SAMARANG UCITS - SAMARANG ASIAN PROSPERITY
Address	11a Avenue Monterey L-2163 Luxembourg.
Company No.	2015 45 01 410
Nationality/Country of incorporation	Luxembourg
Descriptions (Class)	Ordinary Shares
Name & address of registered holder	HSBC Nominees (Asing) Sdn. Bhd.KBL Euro PB for Samarang Ucits - Samarang Asian ProsperityNo 2 Leboh Ampang50100 Kuala LumpurWilayah PersekutuanMalaysia

Date interest acquired & no of securities acquired
Date interest acquired	27 Nov 2017
No of securities	4,984,500
Circumstances by reason of which Securities Holder has interest	Long term investment
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	4,984,500
Direct (%)	5.128
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	05 Dec 2017
Date notice received by Listed Issuer	13 Dec 2017

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2017	31 Dec 2016	31 Dec 2017	31 Dec 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	196,839	209,365	413,617	414,768
2	Profit/(loss) before tax	9,450	35,075	27,024	59,135
3	Profit/(loss) for the period	7,682	31,997	23,092	53,090
4	Profit/(loss) attributable to ordinary equity holders of the parent	7,682	31,997	23,092	53,090
5	Basic earnings/(loss) per share (Subunit)	7.90	32.92	23.76	54.62
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	5.8700		5.7700

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Type	Announcement
Subject	OTHERS
Description	LATITUDE TREE HOLDINGS BERHAD ("THE COMPANY") - FIRE INCIDENT AT RK RESOURCES CO. LTD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
The Company wishes to announce that a fire incident had occurred at one (1) factory building belonging to RK Resources Co. Ltd. (“RK Resources”), an indirect wholly-owned subsidiary of the Company. RK Resources is a major operating subsidiary of the Company and its subsidiaries (the “Group”). The affected building is located within RK Resources’ manufacturing facilities in the Province of Binh Duong, Vietnam. The affected building houses the assembly and packing line, inventories of work-in-progress and finished goods. The fire started at 12.30 a.m today, 5 April 2018 and was totally put out at 7.00 a.m. The damage sustained from this fire incident is restricted to only one old building. Other manufacturing facilities of RK Resources were not affected and production activities are running as normal. The estimated loss of this fire incident is USD5.50 million (equivalent to approximately RM21.45 million) of which USD3.00 million (equivalent to approximately RM11.70 million) loss on inventories, USD2.00 million (equivalent to approximately RM7.80 million) on building and USD0.50 million (equivalent to approximately RM1.95 million) on machinery. The fire department and insurance representatives are still conducting investigation to ascertain the cause of the fire. All the assets are adequately covered by insurance. Sufficient insurance coverage has been taken for consequential business loss. RK Resources is now assessing the operational and financial impact arising from this incident. RK Resources has also commenced discussion with affected customers to reschedule shipments of finished goods and plans to increase production hours by additional overtime to replenish destroyed finished goods. The Board will make further announcement whenever there is new development as well as any significant financial impact on the insurance claim. This announcement is dated 5 April 2018.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2018	31 Mar 2017	31 Mar 2018	31 Mar 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	164,497	187,269	578,114	602,037
2	Profit/(loss) before tax	357	14,646	27,381	73,781
3	Profit/(loss) for the period	2,399	11,515	25,491	64,605
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,399	11,515	25,491	64,605
5	Basic earnings/(loss) per share (Subunit)	2.47	11.85	26.22	66.46
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	5.6600		5.7700

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Type	Announcement
Subject	OTHERS
Description	LATITUDE TREE HOLDINGS BERHAD ("THE COMPANY") - STATUS UPDATE ON FIRE INCIDENT AT RK RESOURCES CO. LTD. ("RKR"), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY OCCURRED ON 5 APRIL 2018
“Unless otherwise stated, the terms used in this announcement shall carry the same meaning as defined in the Company's announcement dated 5 April 2018.” Further to the announcement made on 5 April 2018, the Board wishes to announce that the fire incident on 5 April 2018 at RKR has resulted in damage to one (1) factory block housing the assembly and packing line and inventories of work-in-progress, packing materials, hardware and finished goods. A Notice of Loss of USD5.50 million (equivalent to RM21.45 million) was submitted to the insurance company, Military Insurance Corporation (“MIC”) on 5 April 2018. The total net book value of the damaged factory building, ancillary structures and installation is approximately USD0.64 million (equivalent to RM2.50 million) whereas the total net book value of the damaged plant and machinery and office equipment is approximately USD0.28 million (equivalent to RM1.09 million). The total net book value of work-in-progress furniture parts, packing materials, hardware and finished goods (completed furniture) damaged by the fire is approximately USD3.19 million (equivalent to RM12.44 million). The Board will make further announcement whenever there is new development as well as any significant financial impact on the insurance claim. This announcement is dated 21 May 2018

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Date of change	17 Aug 2018
Name	MR LIN, CHENG-HUNG
Age	53
Gender	Male
Nationality	Taiwan, Province of China
Designation	Director
Directorate	Non Independent and Non Executive
Type of change	Resignation
Reason	Concentrate on other personal commitments
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No
Qualifications	Not Applicable
Working experience and occupation	Not Applicable
Family relationship with any director and/or major shareholder of the listed issuer	Mr Lin, Cheng-Hung is the cousin to Mr Lin, Chin-Hung, the Managing Director; and nephew to Madam Lin Chen, Jui-Fen who is the Deputy Executive Chairperson and substantial shareholder of the Company.
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	Direct interest of 5,000,000 Ordinary Shares in the Company