Mesiniaga Bhd (MNGA.KL)

MNGA.KL on Kuala Lumpur Stock Exchange

21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Mesiniaga Bhd says accepted additional letter of award from Telekom Malaysia
Friday, 15 Apr 2016 

Mesiniaga Bhd:Accepted additional letter of award from Telekom Malaysia for extension of contract period.Value of the supplementary agreement shall be increased with an aggregate amount of not exceeding 145.9 million rgt.Additional letter of award will have a positive effect on the earnings per share.  Full Article

Mesiniaga Bhd updates on material litigation
Tuesday, 3 Nov 2015 

Mesiniaga Bhd:On 30 October filed its defence against claim for unpaid invoices and submitted a counterclaim.Positive impact on the company's profits could be registered if company were to succeed in its counterclaim.Announces status of writ of summons and statement of claim issued against co by originex networks sdn bhd.Says company's counterclaim is amount of 1.7 million RGT being losses for not getting the full payment from the end customer.  Full Article

Mesiniaga Bhd entered agreement with csm engineering hardware (Malaysia) sdn bhd
Thursday, 1 Oct 2015 

Mesiniaga Bhd:Co, had on 30 September 2015 entered into a sale and purchase agreement with csm engineering hardware (Malaysia) sdn bhd.Deal for a cash sale consideration of rm9 million.Proposed disposal does not have any material effect on the earnings per share, net assets per share.Expected gain from the proposed disposal is approximately 3.3 million rgt.Proceeds of the proposed disposal will also render positive impact on the company's net profit/loss for current financial year.  Full Article

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