Table 1   Table 2   Table 3   Table 4   Table 5  


Table 1 - Details of the landed properties owned by Peridang and Arus

Registered
Owner

Land 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)
only

10-10-2021

Nil

Peridang

HS(D)3389
Lot PTI085.
Daerah Rompin, Mukim Endau,
Pahang.

271.40 acres

Agriculture
(Aquaculture)
only

13-06-2025

Nil

Peridang

HS(D) 1421
Lot PT1084, Daerah Rompin,
Mukim Endau,
Pahang.

1,156.00 acres

Agriculture
(Aquaculture) only

10-10-2021

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.


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Table 2 - Financial results of Peridang for the past five (5) financial years ended 30 June 2001

------------ Financial Year Ended 30 June ------------

1997
RM

1998
RM

1999
RM

2000
RM

2001
RM

Revenue

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


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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
RM

21 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




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Table 4 - Financial results of Arus for the past five (5) financial years ended 30 June 2001

------------ Financial Year Ended 30 June ------------

1997
RM

1998
RM

1999
RM

2000
RM

2001
RM

Revenue

-

-

-

-

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


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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
RM

21 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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