ghl systems berhad (GHLS) Snapshot

GHL Systems Berhad reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of MYR 16,704,000 compared with MYR 11,728,000 for the same period last year. Profit before tax was MYR 2,003,000 compared with MYR 1,207,000 for the same period last year. Profit attributable to ordinary equity holders of the parent was MYR 2,010,000 or 1.38 sen basic per share compared with MYR 1,111,000 or 0.77 sen basic per share for the same period last year. Profit before interest, taxation, amortisation & depreciation was MYR 2,699,000 compared with MYR 1,663,000 for the same period last year. Profit from continuing operations, net of tax was MYR 2,003,000 compared with MYR 1,207,000 for the same period last year. Net cash from operating activities was MYR 107,000 compared with net cash used in operating activities was MYR 892,000 for the same period last year. Purchase of property, plant and equipment was MYR 3,760,000 compared with MYR 740,000 for the same period last year. Addition in intangible assets was MYR 448,000.

GHL Systems Berhad, Special/Extraordinary Shareholders Meeting, Apr 02, 2013., at 07:30 Indian Standard Time. Location: Level 3A, C-G-15, Block C, Jalan Dataran SD1, Dataran SD PJU 9, Bandar Sri Damansara. Agenda: To consider reduction of issued shares; to consider issue of new ordinary shares; to consider undertaking of remaining shares; to consider establishment of executive share scheme; and to consider allocation of awards.

The board of directors of GHL Systems Berhad announced the changes in the composition of the nomination committee with effect from February 21, 2013, Ms. Goh Kuan Ho has resigned as chairman of the nomination committee. Ms. Goh will remain as a member of the nomination committee; and Mr. Fong Seow Kee has been appointed as Chairman of the nomination committee. Mr. Fong was previously a member of the nomination committee.