【PETRONM 3042 交流专区】(前名ESSO)

williamnkk81

幻影魔尊 发表于 2-1-2013 10:04 AM
比如什么方面呢？谢谢

现在这家公司因为母公司可能会发展和发大来搞。。 还有可能和国油合作。。。

plouffle0789

@Vincent1818
其实，埃克森美孚（Exxon Mobil）是全球市值最大公司。

为什么要卖掉大马的ESSO和MOBIL油站呢？

有什么隐情吗？

Vincent1818

plouffle0789 发表于 29-1-2013 02:57 PM
@Vincent1818
其实，埃克森美孚（Exxon Mobil）是全球市值最大公司。

因為在這裡，他們是非常困難的, 深海也太多的風險。
不相 Petronas, 政府支持, 因此，Petron 公司沒有什麼好掙。

plouffle0789

Vincent1818 发表于 29-1-2013 03:23 PM
因為在這裡，他們是非常困難的, 深海也太多的風險。
不相 Petronas, 政府支持, 因此，Petron 公司沒有什 ...

大马所有的油站公司不是和PETRONAS买石油，然后自己提炼吗？

168007

@williamnkk81
@icy97

The Company has sufficient tax credits under Section 108 of the Income Tax Act, 1967 (ITA) to frank approximately
RM293,281,000 (2010: RM321,631,000) of the retained profits as at December 31, 2011 if paid out as dividends in 2012.The Finance Act 2007 introduced a single tier company income tax system which took effect from year of assessment 2008.
Under the single tier system, tax on company profits is a final tax, and dividends distributed to shareholders will be exempted
from tax. All companies will automatically move to the single tier tax system on January 1, 2014 even if they still have a
credit balance in the Section 108 account as at December 31, 2013. As such, the Section 108 tax credit as at December 31,
2011 is available to the Company until such time the credit is fully utilised or upon expiry of the five-year period on December
31, 2013, whichever is earlier. Additionally, subject to the approval of the tax authorities, the Company has a tax exempt
account available to frank tax exempt dividends up to approximately RM210,269,000 (2010: RM210,269,000).

也就是说RM293,281,000这笔钱如果没在2013年12月31日派发出来的话就会被充公


我在隔壁论坛看到的。。。。。
请问这是正确的吗？

williamnkk81

168007 发表于 30-1-2013 02:10 PM
@williamnkk81
@icy97

没错是的。。。。 但公司也可能从其它地方off set 了。。 因为公司换了新的管理成。。。 但也有可能是特别股息。。。

168007

williamnkk81 发表于 30-1-2013 02:49 PM
没错是的。。。。 但公司也可能从其它地方off set 了。。 因为公司换了新的管理成。。。 但也有可能是特别 ...

为什么公司到现在都还没有公布2012的年报

williamnkk81

168007 发表于 30-1-2013 02:57 PM
为什么公司到现在都还没有公布2012的年报

哦哦哦。。 因为公司的季度是31/12 关闭。。 最后的季度会在2 月公布。。。

arvin6

其实那笔钱是可以不派的。。只是2013后不再享有税务回扣而已。。。对吗？
William大兄esso的借贷都蛮多的，他们没什么现金，如要派息，可以透过借贷吗？

icy97

大馬PETRON 營業額增盈利猛挫

企業財經14/02/2013 23:48
（吉隆坡14日訊）大馬PETRON（PETRONM，3042，主要板工業）截至上財年12月底第4季，營業額增8%至29億7952萬令吉。

雖然大馬PETRON第4季營業額增加，但稅前盈利卻從3840萬令吉，減少68%至1246萬令吉；淨利則下跌84%至543萬3000令吉。

根據該公司文告指出，該公司營業額增加，部分原因來自于公司在去年收購了埃克森美孚（ExxonMobil）的下游業務后，進行品牌重塑計劃的貢獻。

該計劃預計將會持續提高銷售量，有利公司的長期發展。

公司第4季淨利的減少，主要因為處于全球石油市場起伏不定。

在過去10個月內，該公司將埃索（ESSO）和無比（Mobil）的加油站換上Petron的品牌，並改善設備與服務，以為顧客提供良好的服務和設備。

該公司上財年全年營業額亦增2%至11億5035萬5800令吉，稅前盈利則下滑了33%至1億3599萬令吉，淨利則降低36%至9817萬令吉。

全年每股盈利為36.40仙，第4季為2仙。[中国报财经]

SUMMARY OF KEY FINANCIAL INFORMATION 31/12/2012

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/12/2012	31/12/2011	31/12/2012	31/12/2011
		$$'000	$$'000	$$'000	$$'000

1	Revenue	2,979,524	2,750,213	11,503,558	11,266,494
2	Profit/(loss) before tax	12,463	38,398	135,986	203,399
3	Profit/(loss) for the period	5,434	34,574	98,171	153,375
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,434	34,574	98,171	153,375
5	Basic earnings/(loss) per share (Subunit)	2.00	12.80	36.40	56.80
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	14.00	14.00
		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 ($$)	3.5400		3.2900

icy97

PETRON MALAYSIA REFINING & MARKETING BHD

Date of change	14/02/2013
Name	JOSUE C. BANEZ JR
Age	54
Nationality	FILIPINO
Type of change	Appointment
Designation	Chief Financial Officer
Qualifications	1.B. Science in Business Administration 2.Certified Public Accountant
Working experience and occupation	Prior to joining Petron Malaysia Refining & Marketing Bhd (formerly known as Esso Malaysia Berhad), Josue C. Bañez Jr. was formerly with Chevron Holdings Inc. (one of the Shared Services Centers of Chevron based in Manila) where he worked for almost 22 years in various capacities and increasing responsibilities in the finance organization. He last held the position of a Financial Accounting Manager covering the Asia Pacific region for Chevron. He also worked with other MNCs engaged in the manufacturing industry (personal care/pharmaceutical) for about 10 years leading the management and operations of Internal Audits, Credit and Financial Reporting/Planning organizations.

Date of change	14/02/2013
Name	DENNIS S. JANSON
Age	53
Nationality	FILIPINO
Designation	Chief Financial Officer
Type of change	Vacation of Office
Reason	End of period of secondment to Malaysia as Chief Finance Officer of Petron Malaysia Refining & Marketing Bhd (formerly known as Esso Malaysia Berhad)("PMRMB") and re-assignment to Petron Corporation, in Philippines, effective February 14, 2013.
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 the shareholders	No
Qualifications	1. B. Science in Commerce 2. Certified Public Accountant
Working experience and occupation	Mr Janson had been with Petron Corporation for 30 years primarily in the Controllers (Finance) group. Mr Dennis Janson was appointed as Chief Finance Officer of PMRMB on April 2, 2012 following the completion of the takeover by Petron Oil & Gas International Sdn Bhd - an indirect wholly-owned subsidiary of Petron Corporation (of Philippines) of ExxonMobil International Holdings Inc's 65% voting shares in (then) Esso Malaysia Berhad. Mr Janson - on secondment to Malaysia - is an employee of Petron Corporation and was tasked with the smooth transition of the financial services of PMRMB from ExxonMobil to Petron.

幻影魔尊

业绩和股息一样令人失望

幻影魔尊

icy97

PETRON MALAYSIA REFINING & MARKETING BHD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS
Description	TRANSACTION PURSUANT TO PARAGRAPH 10.09 OF THE MAIN MARKET LISTING REQUIREMENTS - ACQUISITION OF LPG MARKETING AND SALE BUSINESS OF PETRON FUEL INTERNATIONAL SDN BHD
Introductio Petron Malaysia Refining & Marketing Bhd (formerly known as Esso Malaysia Berhad) (“PMRMB”) wishes to announce that it has on March 1, 2013 executed a formal agreement with its sister company, Petron Fuel International Sdn Bhd (formerly known as ExxonMobil Malaysia Sdn Bhd) (“PFISB”) (collectively “Companies”) to acquire, effective immediately, PFISB’s  Liquified Petrolem Gas (“LPG”) marketing and sale business. Background   PMRMB and PFISB both have LPG businesses. The businesses of both Companies involve marketing and sale of LPG as well as bottling of LPG cylinders at (for PMRMB) the Port Dickson Terminal and (for PFISB) at a Westport Terminal bottling facility (that is operated by a joint venture company owned by PFISB in equal part with a 3rd party oil company unrelated to Petron Corporation). Since the acquisition of controlling shares in PMRMB and PFISB by Petron Oil & Gas International Sdn Bhd (“POGI”), an indirect wholly-owned subsidiary of Petron Corporation (“Take-over” and in relation to PMRMB, the subject matter of an announcement made on March 30, 2012), both Companies have been exploring means of streamlining the LPG business. This is because being under two separate  Companies, the LPG businesses of both Companies require separate operational and financial management . The LPG cylinders used by both Companies too are of different sizes and colour schemes. This again is contrary to the Companies’ plans on harmonizing the brand and image of all products under the ‘Petron” brand. Currently PMRMB’s LPG cylinders use the “Esso” brand name while PFISB uses the “Mobil” brand name – both of which are proprietary to ExxonMobil, which by agreement between ExxonMobil and Petron Corporation, Petron Corporation is required to re-brand as the right of using ExxonMobil’s proprietary brand names are for a limited duration only. In this regard all LPG cylinders marketed by Petron subsidiaries in Malaysia (“Petron”) are being re-branded as “PETRON-GASUL”; a proprietary LPG brand of Petron Corporation. Rationale for the Acquisition The rationale in PMRMB acquiring the LPG marketing and sale business of PFISB is logical given that 85% of Petron’s market share in the LPG business in peninsular Malaysia comes from PMRMB. PMRMB currently bottles 80% of its LPG cylinders at its Port Dickson Terminal and 20% of its requirements at the Westport Terminal bottling facility. The Companies have agreed: (1)    that the Westport Terminal bottling facility will be engaged to continue to Bottle LPG cylinders for PMRMB; and (2)    As LPG is a controlled item as determined by the Government, the Westport Terminal bottling facility will act as a business continuity facility in the event of any disaster or emergency affecting PMRMB’s ability to bottle LPG at its Port Dickson Terminal bottling facility. By taking over PFISB’s network of dealers (and its market) and with a single focus brand (“PETRON – GASUL”) PMRMB would be able to grow its business in the peninsular Malaysia LPG market. The streamlining of operational and financial management too would lead to efficiencies in managing the business. By taking over PFISB’s marketing and sale business, PMRMB would have immediate access to existing LPG cylinders of PFISB that it could refurbish, re-brand as “PETRON-GASUL” and market to its customers. Salient Terms of the Agreement The salient terms of the Agreement are that: 1.          PMRMB takes over PFISB’s LPG cylinders and the LPG marketing and sales business 2.          PMRMB will pay PFISB (“Consideration”): (a)                      a one off nominal goodwill payment for taking over its business, dealership and customers; (b)                     a one off scrap value payment for its LPG cylinders that PMRMB takes over; (c)                      a one-time payment for PFISB’s LPG inventory balance at a transfer price based on market rate; and (d)                     Westport Terminal bottling facilities fees in the form of fixed annual cost and a variable cost. 3.          PFISB will exit the LPG marketing and sale business and concentrate its efforts as a bottling plant operator. The Agreement is for a two year period and may be extended by mutual agreement between the Companies. The total Consideration over the duration of the Agreement (that also includes the above-mentioned variable bottling cost that is charged at prevailing market rate of LPG) is expected to be RM16,733,000. Related Party Transaction The Agreement entered into by PMRMB with its sister company PFISB would be a recurrent related party transaction. Related Parties Following the Take-over, and the subsequent completion of the Mandatory General Offer, POGI controls 73.4% of the paid up capital and voting shares in PMRMB and is the largest shareholder of PMRMB. From the date of the Take-over on March 30, 2012, POGI owns 100% of the paid up capital in PFISB. Apart from that disclosed above, POGI has no other direct or indirect interest in the Agreement. Mr. Ramon S. Ang, Mr Eric O. Recto and Ms. Aurora T. Calderon are common directors of POGI and PMRMB. Mr Lubin B. Nepomuceno is a Director of PMRMB and is an alternate Director to Mr Eric O. Recto on the Board of Directors of POGI. Mr Ramon S. Ang and Mr Lubin B. Nepomuceno are common Directors of both PMRMB and PFISB. Mr Ramon S. Ang is also Chairman and Chief Executive Officer of PMRMB. Both Directors had declared their interest to the Board of Directors of PMRMB and abstained from discussion or voting when the Board of PMRMB considered and passed the necessary resolution pertaining to the proposed acquisition of PFISB’s LPG marketing and sale business. All the above-mentioned Directors have no direct or indirect interest in the Agreement between PMRMB and PFISB. They were also not directly or indirectly involved in the negotiations between the Companies  leading to the execution of the said Agreement. Apart from that disclosed above, no person connected to PMRMB’s major shareholder (POGI),  or the above-mentioned Directors have any direct or indirect interest in the said Agreement. ‘Percentage Ratio’ The highest ‘percentage ratio’ calculated pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements is 2.23%. The consideration was negotiated by the Companies on an arms-length basis, following strict internal guidelines, to ensure terms and conditions, including the consideration paid, was fair and reasonable to both Companies.   Approvals – Board Audit Committee / Board of Directors / Regulatory Authorities The Board Audit Committee of PMRMB having reviewed the Agreements and the related party nature of the Agreement, formed the view that :        It was in the best interest of PMRMB as by taking over the LPG business of its sister company (PFISB) it would be able to expand on its market share and the focus of the LPG business unit (and its resources in managing the business) would be heightened. The plan would also lead to marketing and distribution efficiencies that would benefit PMRMB financially in the long term.              The terms of the agreement are fair, reasonable on and normal commercial terms. This is because the deal allows PMRMB to acquire the assets of PFISB especially LPG cylinders at scrap value, which would be much lower than acquiring the same in the open market. The business, dealership and customer base of PFISB too was being acquired for a nominal goodwill. Further the ‘fixed fee’ and ‘bottling fee’ agreed between the parties are on normal commercial rates as applicable currently in the market.        Considering the long term benefits to PMRMB, the terms of the agreement and the availability of the PFISB’s operations in Westport for bottling LPG (and as a business continuity site for PMRMB’s Port Dickson Terminal bottling facility), the plan would be beneficial to its investors. Thus the plan would not be detrimental to minority shareholders’ interest. The Board of Directors of PMRMB, having reviewed the proposal and rationale for the acquisition of PFISB’s LPG marketing and sale business as well as the terms of the Agreement and having considered the views of the Board Audit Committee, resolved that the  Agreement was in the best interest of PMRMB. The above said Agreement does not require any regulatory approvals on the part of PMRMB and any regulatory notice by PFISB to the relevant authorities will be dealt with by PFISB independent of PMRMB. This announcement is dated March 1, 2013.

icy97

PETRON退出大馬潤滑油市場

大馬  2013-03-02 13:02
（吉隆坡1日訊）PETRON大馬（PETRONM,3042,主板工業產品組）考量在市場推廣新潤滑油品牌不符合經濟效益，決定退出大馬潤滑油市場。

該公司發文告表示，基於在大馬市場行銷新潤滑油品牌需配置更多的成本和資源，以及更多的時間來取得成效，短期內股東利益恐因低賺益衝擊，因此傾向將相關投資和資源運用在其他提供更高回酬的業務。

與此同時，PETRON大馬也與姐妹公司--PETRON燃料國際私人有限公司（PFISB）簽署為期2年的協議，以1千673萬1千令吉代價收購後者液化天然氣行銷和銷售業務。

PETRON大馬認為，通過收購PFISB代理網絡，以及專注單一品牌（PETRON-GASUL），子公司PETRON大馬提煉與行銷有限公司（PMRMB）將可專注推動半島液化天然氣市場業務成長，而合理化營運和財政管理也有助提昇業務管理效率。

“通過收購PFISB行銷和銷售業務，PMRMB將可在無須翻新、重塑品牌的情況下，直接通過其現有液化天然氣渠道行銷給客戶。”（星洲日報／財經）

PETRON MALAYSIA REFINING & MARKETING BHD

Type	Announcement
Subject	OTHERS
Description	ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.03 OF THE MAIN MARKET LISTING REQUIREMENTS
Introduction Petron Malaysia Refining & Marketing Bhd (formerly known as Esso Malaysia Berhad) (“PMRMB”) wishes to announce that it has as of March 1, 2013, exited the Lubricants sector of its overall business. Background On March 30, 2012, 65% of the voting shares in PMRMB (then ‘Esso Malaysia Berhad’) owned by ExxonMobil International Holdings Inc was acquired by Petron Oil & Gas International Sdn Bhd, an indirect wholly-owned subsidiary of Petron Corporation. As announced on the same day (“TERMINATION OF AGREEMENTS WITH EXXON MOBIL CORPORATION’S AFFILIATES”), among the inter-company agreements PMRMB had with Exxon Mobil Corporation affiliates (that were terminated) was the lubricant and specialty supply arrangement between PMRMB and Exxon Trading Asia Pacific Pte Ltd.  Exxon Mobil Corporation’s proprietary ‘Mobil’ branded lubricants were carved out of the acquisition agreement between Petron Corporation and ExxonMobil as ExxonMobil wished to retain its lubricant brand and have control over its branded lubricant business. PMRMB (in the interim following the acquisition by Petron) continued to allow its petrol station dealers to stock ‘Mobil’ branded lubricants which the dealers could acquire directly through ExxonMobil appointed distributors in Malaysia. PMRMB also made arrangements for its petrol station dealers to acquire ‘Petron’ branded lubricants directly from appointed 3rd party lubricants distributors. This arrangement with 3rd party lubricant distributors to supply ‘Petron’ branded lubricants directly to PMRMB’s petrol station dealers and motorist will continue even after PMRMB exits the Lubricants business. ‘Petron’ branded lubricants are proprietary brands of Petron Corporation. Rationale for the Discontinuation PMRMB recognizes that the marketing of a new brand of lubricants to the Malaysian market would require much allocation of cost and other resources on the part of PMRMB. PMRMB having reviewed the matter, formed the view that PMRMB’s strengths lie in its strong and visible retail fuels marketing business and commercial business – including LPG, industrial and wholesale fuels and aviation fuel. It also has a substantial business in petroleum refining and supply/distribution; elements within PMRMB that supports its retail and commercial businesses. The marketing and sales efforts and resources of PMRMB (including time, financial allocations and manpower) would be more beneficially utilised in fuels marketing and commercial businesses where there is certainty of higher return on investments. PMRMB also takes the view that lubricants business under a new brand name may take time to mature and in the interim, Minority Interests may be adversely affected by low or negative margin in relation to investments made in this sector; when such investments could be made in other higher-return businesses of the Company. Financial Impact It is estimated that marketing efforts to introduce a new brand of lubricants in the Malaysian market would not yield immediate returns. Further, the loss of profit contribution from the sales of a new brand of lubricants, to the Company’s overall profitability, would not be material. Thus no significant or material negative financial impact is expected from the discontinuation of the Lubricant business. PMRMB is also of the view that the re-allocation of investments and resources to the Company’s higher yield businesses would result in better returns on investment. Approvals – Board of Directors / Regulatory Authorities The Board of Directors (including the Independent Directors of the Board Audit Committee), following deliberation of the proposal opined that the proposal would be in the best interest of the Company and that the proposal would not have any detrimental effect on Minority Interest shareholders. No approvals from regulatory authorities are required for the above. This announcement is dated March 1, 2013.

icy97

PETRON大馬前景樂觀

投資致富  2013-03-10 19:19

IVAN問：
想請問PETRON大馬（PETRONM，3042，主板工業產品組）的前景如何，未來有甚麼動向？為何股價和交易都似乎毫無動靜？

答：
因全球油市場劇烈波動，PETRON大馬需以低價出售存貨，令賺益大打折扣，導致截至2012年12月31日止末季淨利從前期3千457萬4千令吉大幅倒退84.28%至543萬4千令吉，拖累全年淨利下跌36%至9千817萬1千令吉，去年同期為1億5千337萬5千令吉。

末季營業額成長8.34%至29億7千952萬4千令吉，前期為27億5千零21萬3千令吉，令全年營業額達115億零355萬8千令吉，比去年同期的112億6千649萬4千令吉上漲2.1%。

PETRON大馬表示，基於公司在短短10個月內即取得不俗成就，對業務前景相對樂觀，公司現已完成近100家油站的品牌重塑活動，將專注相關活動至整個零售網絡順利轉換為止。

該公司也開始合理化額外服務站來擴大整體網絡，以確保大馬消費者得以享受Petron優質產品和服務，同時開始轉換液化天然氣汽缸至PetronGasul品牌，並預計在2014年展開積極的品牌重塑活動。

業務整合仍待觀察

該股的股價和交易比較平靜，可能是因為菲律賓生力集團去年才完成藉旗下Petron機構收購埃索65%股權的計劃，業務目前仍在整合中，投資者也可能需先觀察一段時間。有關PETRON大馬的分析員報告不多，但若按業務基本面來看，該公司表現還不錯，估值也可能嚴重被低估，唯一風險是業務重組的成果。（星洲日報／投資致富‧投資問診室）

icy97

PETRON MALAYSIA REFINING & MARKETING BHD

EX-date	04/06/2013
Entitlement date	06/06/2013
Entitlement time	05:00:00 PM
Entitlement subject	Final Dividend
Entitlement description	Final Dividend of Fourteen sen (14 sen) per ordinary share unit of the Company, less Malaysian Income Tax at 25% for the year ended December 31, 2012, SUBJECT TO the approval of the shareholders at the Company's forthcoming Annual General Meeting.
Period of interest payment	to
Financial Year End	31/12/2012
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Tricor Investor Services Sdn Bhd (Co. No. 118401-V) Level 17, The Gardens North Tower, Lingkaran Syed Putra, 59200 Kuala Lumpur. Tel: +6-03-22643883 / Fax: +6-03-22821886
Payment date	20/06/2013
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	06/06/2013
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit	04/06/2013
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	0.14

icy97

PETRON大馬獲587萬合約

大馬  2013-05-01 11:19
（吉隆坡30日訊）PETRON大馬（PETRONM，3042，主板工業產品組）接獲586萬8千令吉合約，為菲律賓航空供應飛機燃油。

該公司發文告指出，上述合約長達一年，從5月2日起生效。

菲律賓航空將從5月2日首次飛抵大馬，並將提供往返兩地的航班，意味著吉隆坡國際機場將迎來新客戶。

這是一項相關人士交易，因為PETRON大馬及菲律賓航空擁有共同股東。菲律賓生力集團（San Miguel）旗下Petron油氣國際直接持有PETRON大馬的73.4%股權，另生力集團也直接持有菲律賓航空的47.88%股權。（星洲日報／財經）

PETRON MALAYSIA REFINING & MARKETING BHD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS
Description	AVIATION FUEL SUPPLY ARRANGEMENT WITH PHILIPPINE AIRLINES INC
Introduction Petron Malaysia Refining & Marketing Bhd (formerly known as Esso Malaysia Berhad) (“PMRMB”) wishes to announce that it has agreed on the general terms of an aviation fuel supply arrangement (the “Arrangement”) with Philippine Airlines Inc. (“PAL”). PAL is expected to commence its flights to Kuala Lumpur on May 2, 2013(under the airline name ‘Philippine Airlines’) and will be operating its flights to and from Kuala Lumpur International Airport. Agreement The formal agreement between PMRMB and PAL is yet to be executed but the terms of the Arrangement are based on PMRMB’s standard terms for aviation fuel supply consisting of the Agreement for Aviation Fuel Supply (Part 1), International Air Transport Association-based General Terms and Conditions for Aviation Fuel Supply(Part 2) and the Location Agreement (ie for supply at the Kuala Lumpur International Airport) – the same set of agreements PMRMB uses in relation to all other airlines which are its customers. Consistent with aviation industry practice, the agreements on said terms will be crystalised by conduct between the parties on May 2, 2013 when a Philippine Airlines aircraft is re-fueled by PMRMB for the first time at the Kuala Lumpur International Airport. Therefore the agreement will be deemed to have commenced (by conduct) on May 2, 2013. The Arrangement (and the agreements) will be for a duration of 1 year commencing from May 2, 2013. Consideration The total consideration is valued at approximately RM5.868million. The highest ‘percentage ratio’ calculated pursuant to paragraph 10.02(g) of the Main Market Listing Requirements is 0.74%. The consideration is based on PMRMB’s standard aviation supply pricing for the type of volume the Arrangement envisages. Further, each consignment of aviation fuel supplied at re-fueling of a Philippine Airlines aircraft will be based on the rates published by the oil industry standard Platts Marketscan. The consideration is not expected to have a significant impact on PMRMB’s financial position. However for PMRMB, this will mark the beginning a new business relationship in the aviation fuel sector with another new customer at the Kuala Lumpur International Airport. PMRMB is not expected to increase its investments in equipment to perform its obligations under the Arrangement as it has the necessary assets at Kuala Lumpur International Airport that can be effectively utilised for said purpose. Related Parties PMRMB and PAL have a common (indirect) major shareholder and common Directors. Petron Oil & Gas International Sdn. Bhd. (“POGI”) directly owns 73.4% of the paid up capital and voting shares in PMRMB. POGI is an indirect wholly-owned subsidiary of Petron Corporation that is, in turn, 68% directly and indirectly owned by San Miguel Corporation (“SMC”). SMC has an indirect 49% shareholding in Trustmark Holdings Corporation that, in turn, indirectly owns a 47.88% beneficial interest in PAL. Further PMRMB’s Chairman and Chief Executive Officer, Mr. Ramon S. Ang and PMRMB’s Executive Director, Ms. Aurora T. Calderon are members of the Board of Directors of PAL. However, to manage any potential conflict of interests, neither Mr. Ramon S. Ang nor Ms. Aurora T. Calderon were involved in any negotiations or decisions leading to the finalisation of the terms of the agreement between PMRMB and PAL. Transaction with PAL in the preceding 12 months There have been no transaction between PMRMB and PAL in the preceding 12 months Decision by the Board Audit Committee / Board of Directors The Board Audit Committee of by a Circular Resolution dated April 25, 2013, considered the matter, and formed the following views: 1. The decision to enter into the Arrangement was in the best interest of the Company as it increases PMRMB’s footprint in the Kuala Lumpur International Airport and helps in the expansion of its customer base at the Kuala Lumpur International Airport. This in turn will help PMRMB to continue to build its reputation as a trusted supplier in the highly competitive and technical aviation fuel supply business at the Kuala Lumpur International Airport. 2. The Arrangement is fair, reasonable and on normal commercial terms for PMRMB. The pricing agreed upon was in PMRMB’s best interest and fair in that it is comparable with the airline industry and PMRMB’s fuel supply pricing for the type of quantity supplied. The terms of the agreements too are based on standard terms used with other airlines for which PMRMB is an aviation fuel supplier. Despite the nexus between PMRMB and PAL, the negotiations were conducted at all times at an arms-length basis by both parties. 3. The Arrangement is not detrimental to the interests of the minority shareholders of PMRMB as the expansion of PMRMB’s customer base in the highly competitive Kuala Lumpur International Airport aviation fuel supply business allows PMRMB to grow its business in that sector and in turn contribute to PMRMB’s revenue. This agreement is therefore in the best interest of all PMRMB’s shareholders. The Board of Directors, by a Circular Resolution dated April 29, 2013 formed the view that the Arrangement was in the best interest of the Company and further concurred with the views of the Board Audit Committee as stated above. Mr. Ramon S. Ang and Ms. Aurora T. Calderon had however abstained from any participation in the decision making process of the Board of Directors of PMRMB in regard to the above. Shareholder / Regulatory approvals No shareholder or regulatory approval is required by PMRMB to enter into the said Arrangement/agreements. This announcement is dated April 30, 2013.

icy97

PETRON MALAYSIA REFINING & MARKETING BHD

Type	Announcement
Subject	OTHERS
Description	ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.19(15) OF THE MAIN MARKET LISTING REQUIREMENTS - CHANGE IN EXTERNAL AUDITORS
Petron Malaysia Refining & Marketing Bhd ("the Company") wishes to announce that at its Annual General Meeting held on May 31, 2013, the shareholders appointed Messrs KPMG ("KPMG") as the external auditors of the Company for the ensuing year. KPMG will hold office until the conclusion of the Annual General Meeting of the Company in 2014. KPMG replaced Messrs PricewaterhouseCoopers ('PWC"), who retired as external auditors of the Company on the same day. PWC is the external auditor of ExxonMobil globally and was appointed as the external auditors of the Company at the last Annual General Meeting of the Company on March 29, 2012 (when the Company was still a subsidiary of ExxonMobil). Following the take-over of the Company by Petron Corporation on March 30, 2012 the services of PWC were retained for continuity despite KPMG being the external auditors of Petron Corporation's group. Having a common external auditor in KPMG will help expedite the consolidation of financial reporting, as the respective audit groups assigned by KPMG to the Company will have a uniform audit approach with Petron Corporation's group. This announcement is dated May 31, 2013.

icy97

PETRON大馬首季淨利跌63％

大馬  2013-06-01 11:12
（吉隆坡31日訊）由於旗下產品價格走低，使PETRON大馬（PETRONM3042,主板工業產品組）截至2013年3月31日為止，首季淨利縮減62.71%至3千零76萬令吉。

首季營業額為28億9千145萬4千令吉，增長5.07%。

該公司發文告指出，首季淨利下跌主要是產品價格減少所致，反觀同期的銷售量增加10%，該公司正在推行的添油站提昇計劃預料2014年完成。（星洲日報／財經）

SUMMARY OF KEY FINANCIAL INFORMATION 31/03/2013

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2013	31/03/2012	31/03/2013	31/03/2012
		$$'000	$$'000	$$'000	$$'000

1	Revenue	2,891,454	2,751,732	2,891,454	2,751,732
2	Profit/(loss) before tax	42,723	114,582	42,723	114,582
3	Profit/(loss) for the period	30,760	82,496	30,760	82,496
4	Profit/(loss) attributable to ordinary equity holders of the parent	30,760	82,496	30,760	82,496
5	Basic earnings/(loss) per share (Subunit)	11.40	30.60	11.40	30.60
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 ($$)	3.6000		3.4900