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1QFY26 For The Three Months Ended 31 July 2025 Likely To Be Released On 12 - 14 September.
Personally Do Not Expect Any Changes To The Revenue & Expecting Another Quarter Of Loss, Since Most Of The Significant Changes That Brings In Extra Revenue Just Happens In August.
Looking Forward, Renaissance May Report Substantial Improvement In Profits In The Following Quarters, Given The Recent Positive Development.
For Bro Who Wanted To Know What Is Capital Reduction Reserve.
A capital reduction reserve isn' t a type of reserve, but rather the creation of distributable reserves that occurs after a company undergoes a capital reduction process, which is a formal accounting procedure to reduce share capital for strategic financial reasons. The process involves writing off accumulated losses or returning surplus capital, effectively converting non-distributable capital into distributable reserves that can be used for dividends or other corporate needs.
Here' s a breakdown of the concept:
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Capital Reduction Process:A company undertakes this process to simplify its capital structure, eliminate accumulated losses on its balance sheet, or return excess paid-up capital to shareholders.
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Writing Off Losses:Companies often use this process to offset large accumulated losses, which can prevent them from paying dividends and make their balance sheet appear healthier.
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Creating Distributable Reserves:By reducing the share capital, the company effectively frees up capital that was previously restricted. This freed-up capital becomes part of the company' s " distributable reserves" .
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Benefits:These newly created distributable reserves can then be used for various purposes, such as paying dividends to shareholders, which was previously impossible due to the accumulated losses or restricted capital.
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Strategic Move:This is a strategic financial decision that requires careful planning and approval from shareholders and often creditors, as it alters the company' s capital structure and financial statements.
In essence: The capital reduction process converts non-distributable share capital into a capital reduction reserve, which is a type of free reserve that can be distributed.
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Company Should Seriously Consider Performing A Capital Reduction In The Near Future!
https://www.acra.gov.sg/how-to-guides/shares-and-updating-share-information/reduction-of-share-capital Reduction of Share CapitalA company may, for commercial reasons, wish to reduce its share capital. This process of reducing share capital will reduce a company' s shareholder equity. Some common reasons for doing so include:
A company may reduce its share capital by doing either of the following: (a) Seeking members' s approval. (b) Filing an Order of Court. |
wow...gonna chiong le
Volmax ( Date: 29-Aug-2025 15:02) Posted:
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1. Dislike the Management' s excuse of not making a presentation to update the shareholders. Even Secondary School' s Babies can make a proper Presentation nowadays. Hope to see improvement in the upcoming EGM.
2. Management should consider executing a Capital Reduction to offset the Accumulated Losses left behind by the previous shitty management, so they could declare dividend once the Company had made profits and stabilized.
3. Forgot to check with the Management why both the Company' s Webpage and HZLH' s Webpage is down for months.
Some takes from the AR & today' s AGM
1. MaxStar - Exclusivity Fee of US$1,200,000 for appointment of Exclusive Distributorship in USA for a period of 8 years was paid to MaxStar. (Already starts generating revenue)
2. Pelangi Shophouse - Fully funded using internal resources, there is no loan taken. (Already starts generating revenue)
1. MaxStar - Exclusivity Fee of US$1,200,000 for appointment of Exclusive Distributorship in USA for a period of 8 years was paid to MaxStar. (Already starts generating revenue)
2. Pelangi Shophouse - Fully funded using internal resources, there is no loan taken. (Already starts generating revenue)
3. ESA - Matured business of 30 years and not expecting further Capex.
4. Capri Investment LLC - Under the current zoning, normal development permitted includes sports facilities, religious buildings and educational centre. Management plans to engage with the relevant authorities to explore expansion re-zoning for the balance 80 acres of land.
5. China Gas Business HZLH - Recent approval by the Chinese Authority to peg gas price to upstream cost should see substantial improvement for the Gas Business, considering yearly consumption about 75 - 80 millions cubic meter.
4. Capri Investment LLC - Under the current zoning, normal development permitted includes sports facilities, religious buildings and educational centre. Management plans to engage with the relevant authorities to explore expansion re-zoning for the balance 80 acres of land.
5. China Gas Business HZLH - Recent approval by the Chinese Authority to peg gas price to upstream cost should see substantial improvement for the Gas Business, considering yearly consumption about 75 - 80 millions cubic meter.
Just came back from the AGM.
About 80% of the attendees are elderly in their 60s - 70s, suggesting they are " Long-Term Shareholders" owning the Company shares at a significantly higher cost maybe since the IPCO Era.
This bodes well for the share price in upcoming quarters when Company announce increasing profits since this group of die-hard " Investors" is very unlikely to sell their holdings without incurring a substantial losses.
About 80% of the attendees are elderly in their 60s - 70s, suggesting they are " Long-Term Shareholders" owning the Company shares at a significantly higher cost maybe since the IPCO Era.
This bodes well for the share price in upcoming quarters when Company announce increasing profits since this group of die-hard " Investors" is very unlikely to sell their holdings without incurring a substantial losses.
chiong soon
Volmax ( Date: 28-Aug-2025 21:46) Posted:
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There Is No Better Price Than 1.
Hold One Year Can Go Up 10 Folds.
Must Have A Heart Of Steel To See A Ten Baggers Profits.
Hold One Year Can Go Up 10 Folds.
Must Have A Heart Of Steel To See A Ten Baggers Profits.
makdatok ( Date: 28-Aug-2025 17:34) Posted:
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Volmax ( Date: 15-Aug-2025 08:50) Posted:
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Any Bro Attending The AGM Next Friday?
Go See The Handsome Ang Moh Kia.
Hope it turns out as a Raja Kunyit, king of mustang 😋 😋 😋
Volmax ( Date: 19-Aug-2025 19:23) Posted:
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Because The Bird Knows The Durians Is Actually Good And Riped For Harvesting.
Durian Seller Just Help To Shout Out The Facts.
Durian Seller Just Help To Shout Out The Facts.
SmallSmall ( Date: 19-Aug-2025 16:32) Posted:
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Ai Lai Ai Lai Liao!
All Watching Sideline Like Wolf Ready To Pounce On The Little Lamb.
Now Waiting For SGX On The Approval Of The Circular, So The EGM Can Be Conducted.
Next Friday AGM At York Hotel.
All Watching Sideline Like Wolf Ready To Pounce On The Little Lamb.
Now Waiting For SGX On The Approval Of The Circular, So The EGM Can Be Conducted.
Next Friday AGM At York Hotel.