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The Group declares second single tier interim dividend of 3.0 sen per share for FY16.

KUALA LUMPUR, 22 FEBRUARY 2017&�Բ�����;â€�Ĝ&�Բ�����;Ģ����Ƶ Berhad and its subsidiaries (“M���Ѹ�” or the â€œG���dzܱ�”), one of Malaysiaâ€s leading automotive groups, today announced its financial results for the fourth quarter ended 31 December 2016 ( �4���16”), registering a slightly improved revenue of 2.3% at RM447.7 million as compared to RM437.7 million in the preceding yearâ€s corresponding quarter ( �4���15”). The increase in revenue is mainly attributed by the higher delivery volume from the Groupâ€s Auto Parts Manufacturing division, contributing 13.2% to the Groupâ€s total revenue for Q4FY16. �ѵ��Ѹ�â€s Profit Before Tax (“PBT”) for the quarter under review dropped by 58.1% to RM7.8 million from RM18.7 million in Q4FY15, upon recognising  one-off impairments of RM30.3 million. The PBT was however supported by the share of results of associates and the Joint Venture (“JV”) as a result of better margin, new model sales as well as the recovery of foreign exchange related costs. Excluding its one-off impairments, the PBT for Q4FY16 would have been higher by RM19.4 million as compared to Q4FY15.

�ѵ��Ѹ�â€s Motor Trading Division, on the other hand, experienced a marginal decrease of 0.1% in revenue at RM388.7 million for Q4FY16 as compared to RM389.1 million recorded in Q4FY15, due to softer demand in the passenger vehicle market as reflected by a 10.8% contraction in Malaysiaâ€s Total Industry Volume (“T����”) against the preceding yearâ€s corresponding quarter. The reduction, however, was mitigated by the continuing strong demand for the Volvo XC90.

Commenting on the Groupâ€s results, Executive Chairman of Ģ����Ƶ, �ٲ��ٴ�†Abd Rahim Abd Halim (“D���ٴ�†Abd Rahim”) expressed, “We are pleased that the Group remained resilient and continued to deliver operational growth despite the drop in TIV for Q4FY16 against the corresponding quarter. Due to the challenging economic environment, we have also made assessment on our investments and assets, and recognised some impairments on prudent ground. Looking forward, the outlook for the passenger vehicle market is expected to remain challenging subjected to factors such as continuous market uncertainty, lower consumer sentiment, stringent hire-purchase loan approval process as well as the volatility of Ringgit.”

For the full financial year review (“F�۷�16”), Ģ����Ƶ registered reduced revenue of 7.4% at RM1.7 billion and a contracted PBT of 39.0% at RM79.4 million as compared to RM1.8 billlion and RM130.2 million respectively for FYE15. The decline was mainly due to a one-off property contribution accounted for in FYE15. By excluding the one-off contribution, Ģ����Ƶ posted a marginal improvement of 0.6% in revenue and a contraction of PBT by only 5.8% for the financial year under review. Earnings per share stood at 15.9 sen per share for FYE16.

In respect of the financial year under review, the Board has declared a second single tier interim dividend of 3.0 sen per share, amounting to approximately RM11.7 million payable to all shareholders.

�ٲ��ٴ�†Abd Rahim added, “Notwithstanding the challenging economic landscape ahead, the Group will continue to streamline our operations through efforts in driving sales with new car models, providing improved aftersales service as well as cost management initiatives. We are optimistic for the growth of our Motor Trading division moving forward, fuelled by new and upcoming car models carried by automotive brands offered by the Group. We believe that the Auto Parts Manufacturing division will also be able to leverage on this aspect to deliver higher volume contribution as we kick off the new financial year.”

***

_{ABOUT MBM RESOURCES BERHAD}

_{Ģ����Ƶ BerhadÂ��and its subsidiaries (“M���Ѹ�”Â��orÂ��“the Group”)is an automotive conglomerate with diverse investments in the automotive industry. The Group has two core business areas which are Motor Trading, where Ģ����Ƶ is involved in the distribution and dealership of major international and local vehicle brands in Malaysia; and Automotive Parts Manufacturing consisting of wheels (both steel and alloy wheels), safety restraint products (airbags, seat belts and steering wheels) and noise, vibration and harshness (NVH) products. The Group is a significant parts supplier to all major car manufacturers in the country as well as being well represented in all segments of the automotive retail market, from light trucks to medium and heavy duty trucks and buses in the commercial vehicle segment, and from compact entry level cars to luxury cars in the passenger vehicle sector. These include brands like Daihatsu, Hino and Iveco in the commercial sphere, and passenger vehicle brands like Perodua, Volvo, Volkswagen, and Mitsubishi.}

_{Issued by: Esente Communications (M) Sdn. Bhd. on behalf of Ģ����Ƶ Berhad}

_{�ٲ��ٱ�:Â��22 February 2017}

_{For more information, please contact:}

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KUALA LUMPUR, 23 NOVEMBER 2016&�Բ�����;â€�Ĝ&�Բ�����;Ģ����Ƶ Berhad and its associates (“M���Ѹ�” or the â€œG���dzܱ�”), a leading domestic automotive group, today posted their financial results for the third quarter of the 2016 financial year ( �3���16”). The Group continued to show resilience amidst dampened market conditions, registering a Profit Before Tax (â€������”) for the quarter under review of RM 26.1 million, an increase of 109.4% from the previous yearâ€s corresponding period. The higher PBT was largely due to improved results from �ѵ��Ѹ�â€s associates, thanks to the successful launch of the Perodua Bezza in July, as well as higher sales volumes from Hino Motors Sales (M) Sdn Bhd (“H�ѳ���”).

Speaking on the Groupâ€s results, Looi Kok Loon, Group Managing Director of Ģ����Ƶ shared, “We are pleased to be posting improved results this quarter despite the sluggish conditions of the local automotive industry of the past year. Our Motor Trading Division for example, achieved increased revenue of 3.9% as compared to the same period last year, despite a contraction in Total Industry Volume (“T����”) of 12.4% against the same period. It affirms that the business strategy we have in place is firmly on track, as we continue to work on improving both our operations as well as enhancing our current capabilities.”

�ѵ��Ѹ�â€s Motor Trading Division registered a 28.6% improvement in PBT for Q3FY16, thanks to a favourable product mix from the launch of the Perodua Bezza as well as the Volvo XC90, which continue to enjoy popularity among consumers. Though still incurring losses, the Groupâ€s Auto Parts Manufacturing Division recorded higher deliveries of alloy wheels in the quarter under review, which boosted its revenue generation. Consequently, Earnings Per Share (“E�ʳ�”) attributable to shareholders of the Group for the year-to-date stands at 14.97 sen. Market conditions are expected to continue to remain challenging for automotive companies for the rest of 2016, with aggressive marketing campaigns and year-end sales expected to heighten as brands look to reduce their end-of-year stocks leading to sustained pressure on margins.

LooiÂ��added in closing, “Both the Board and the management of Ģ����Ƶ are firmly committed towards continuing to improve our efficiencies and margins moving forward, buoyed by new product launches and the sustained streamlining of our current operations. We believe that our strategic blueprint will continue to be viable, allowing us to ensure sustained value creation for all our shareholders, as we pursue our vision of becoming the Complete Automotive Group. The Group has an established track record in the automotive industry, so I believe we are ideally positioned to build upon our strengths to drive fiscally responsible growth.”

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_{ABOUT MBM RESOURCES BERHAD}

_{Ģ����Ƶ BerhadÂ��and its associatesÂ��(“M���Ѹ�” or “the Group”)Â��is an automotive conglomerate with diverse investments in the automotive industry. The Group has two core business areas which are Motor Trading, where Ģ����Ƶ is involved in the distribution and dealership of major international and local vehicle brands in Malaysia; and Automotive Parts Manufacturing consisting of wheels (both steel and alloy wheels), safety restraint products (airbags, seat belts and steering wheels) and noise, vibration and harshness (NVH) products. The Group is a significant parts supplier to all major car manufacturers in the country as well as being well represented in all segments of the automotive retail market, from light trucks to medium and heavy duty trucks and buses in the commercial vehicle segment, and from compact entry level cars to luxury cars in the passenger vehicle sector. These include brands like Daihatsu, Hino and Iveco in the commercial sphere, and passenger vehicle brands like Perodua, Volvo, Volkswagen, and Mitsubishi, as well as sports tuning brands, ABT and HeicoSportiv in addition to the Williams car care brand.Â��Â��}

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Move reflects companyâ€s confidence in its inherent value,  beginning of growth phase

Petaling Jaya (May 19, 2016) â€“ Ģ����Ƶ Berhad (Ģ����Ƶ), has announced plans to buy back up to 10 per cent or 39,071,075 of its own issued and paid-up share capital. 

Speaking to the media after the companyâ€s 22^nd Annual General Meeting, Ģ����Ƶ Group Managing Director, Looi Kok Loon, said that the move was initiated to allow the Company to buy back its shares in times of significant undervaluation.

“We feel that our shares have declined significantly over the last 12 months and is trading at a steep discount to the value of its net tangible asset,” he said.

Ģ����Ƶ Group recorded a 2% growth in revenues to RM1.8 billion in 2015 compared with RM1.7 billion in 2014, helped by the recognising of the one-off contribution from the completion of the new office block, Menara Ģ����Ƶ. Profit before tax (PBT), however fell 2% to RM130.2 million.

Looi pointed out that the companyâ€s diverse investment in every stage of the automotive industryâ€s value chain was one reason why Ģ����Ƶ Group was able to weather multiple challenges in the previous financial year.  

“We draw strength from the diversity in our income streams which provide defensive qualities in the event of further headwinds in the economy and yet well positioned for a rebound in the near future. Many of our investments have been commissioned and we are now entering the growth phase with confidence,” he said.

Ģ����Ƶ Group was not spared from the impact from the implementation of the Goods and Services Tax (GST), tightening credit, a drastic slump in Ringgit value and the resulting knockon effect on both business and consumer confidence.  Yet, in numerous instances, it demonstrated great resilience and was able to balance decline with growth.

For example, the 22.2% decline in sales recorded by its multi-brand subsidiary, Federal Auto Holdings Berhad (FAHB), which has dealerships for Volvo, Volkswagen and Mitsubishi passenger cars among others, was mitigated by the 15.6% jump in sales by DMM Sales Sdn Bhd (DMMS), dealer for Perodua, which was driven by the success of the new Axia model. The net impact was that Ģ����Ƶ Group recorded a growth of 8.5% in total vehicle sales, which exceeded the marketâ€s flat performance.

Ģ����Ƶ Groupâ€s aggressive expansion in the defensive, recurring and high-margined aftersales business has also resulted in a significant shift in the balance of profit contribution.  While this growth would be driven by new vehicle sales, it has also lessened the Groupâ€s dependence on new vehicle deliveries alone. 

Moving forward, Ģ����Ƶ Groupâ€s component manufacturing division is set to enjoy better days ahead with several subsidiaries well-positioned to respond to market trends.

Its investment in an alloy wheel plant in 2012 is showing further improvement.  The plant in Rawang is poised to benefit from the automotive industryâ€s unabated shift from steel to alloy wheels with production volume at Oriental Metal Industries (M) Sdn Bhd (OMI) set to rise from 139,000 units in 2015 to more than 300,000 this year on the back of new contracts secured from Perodua, Volkswagen and several other customers.

Autoliv Hirotako Sdn Bhd (AHSB), 51% owned via its subsidiary, Hirotako Holdings Berhad, is a leading supplier of safety restraint systems. It has won significant new supply orders from major customers and is set to enjoy the growing emphasis on safety in the new product launches by car companies with increased fitment rates of passive safety products. 

“We believe that we have established very clear strategies in our vision of being The Complete Automotive Group. Our investments of recent years have been very calculated and positioned us to benefit from changing trends in the automotive market,” said Looi. Ends.

***

_{ABOUT MBM RESOURCES BERHAD}

_{Ģ����Ƶ is a diverse automotive group that represents some of the biggest international brands in}

_{Malaysia.�� They include commercial vehicle brands Daihatsu, HINO and Iveco; passenger car brands Perodua, Volvo, Volkswagen and Mitsubishi; and sports tuning brands, ABT and HeicoSportiv, and carcare brand Williams.}

_{Ģ����Ƶ is the leader in every market segment it competes in, with products that range from light, medium and heavy duty trucks and buses to entry-level compact cars and luxury vehicles.Â��}

_{Ģ����Ƶ aspires to be one of the leading and most complete automotive groups in Malaysia with a full spectrum of capabilities that include manufacturing and assembly, distribution, retail and dealerships, parts and accessories, body and paint repair and customer services.Â��}

_{For more information on Ģ����Ƶ Berhad, please visitÂ��Â��}

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Ģ����Ƶ EYES PERIOD OF STEADY, SUSTAINABLE GROWTH,
CONSISTENT RETURNS TO SHAREHOLDERS
Five-year annual average shareholders†return of 19.1%
dwarfs KLCIâ€s 9.8%

***

_{ABOUT MBM RESOURCES BERHAD}

<sub>Ģ����Ƶ is a diverse automotive group that represents some of the biggest internationalÂ��brands in Malaysia. They include commercial vehicle brands Daihatsu, HINO and Iveco;Â��passenger car brands Perodua, Volvo, Volkswagen and Mitsubishi; and sports tuning brands,Â��ABT and HeicoSportiv, and car-care brand Williams.

Ģ����Ƶ is the leader in every market segment it competes in, with products that range fromÂ��light, medium and heavy duty trucks and buses to entry-level compact cars and luxuryÂ��vehicles.

Ģ����Ƶ aspires to be one of the leading and most complete automotive groups in MalaysiaÂ��with a full spectrum of capabilities that include manufacturing and assembly, distribution,Â��retail and dealerships, parts and accessories, body and paint repair and customer services.

For more information on Ģ����Ƶ Berhad, please visit www.mbmr.com.my.</sub>

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Strategic investments set to secure the Groupâ€s future

Kuala Lumpur, June 17, 2014 â€“ Ģ����Ƶ Berhad (Ģ����Ƶ) is confident that its expansion plan remains firmly on track after successfully maintaining the record revenues and profits achieved in the previous year despite a challenging year in 2013.

For the 12-month period ended December 31, 2013, Ģ����Ƶ recorded revenues of RM2,234.3 million and profit before tax of RM194.2 million, down 1.5 per cent and 1.6 per cent respectively from the previous year.

Strong contributions from existing businesses and prudent cost management ensured that the declines were marginal although the Group had to face uncertainties brought about by the May 2013 General Election, intense competition in the automotive market and operational cost pressures.

Ģ����Ƶ group managing director Looi Kok Loon said that existing businesses continued to perform well with profit before tax growing by 9.7 per cent in 2013 and 15 per cent in the first quarter of 2014 even as costs incurred for the expansion plan had to be taken in.

“We have made the necessary investments to secure our future.  For example, we saw tremendous opportunities in the aftersales business and have moved decisively to add capacity by upgrading existing service centres and adding three new ones for a total of 46 in 2013.

However, some investments will need a gestation period before we see significant contributions.  These include our new alloy wheel plant, which fills a gap in the supply of OEM-quality standard alloy wheels in Malaysia and also has tremendous potential for export as it is designed with the highest specifications for meeting international quality standards,” he said.

�ѵ��Ѹ�â€s investments in network expansion not only increased its capacity and geographical reach that contributed to higher sales but also allowed the Group to leverage on the strong growth in new car sales in the past five years to boost its recurring income contribution from the highly lucrative and defensive aftersales business.  

While �ѵ��Ѹ�â€s total vehicles sales in 2013 grew by 4 per cent to 26,586 units, the Group recorded a strong 12 per cent growth in service throughputs to 166,963 units from 149,108 units in 2012.

Hirotako Holdings Berhad, the leading manufacturer of automotive safety restraint products in Malaysia, proved to be a star acquisition as it achieved new record revenues of RM296.7 million in 2013.   

Looi added, “We are highly optimistic that the Group is headed in the right direction.  With capital expenditures tapering off, we are looking forward to an exciting 2015 when we will be seeing full-year contributions from OMI Alloy, the new Hino Motors Manufacturing plant in Sendayan and the new Perodua plant in Rawang.  Hirotako, whose airbag sales grew by 13 per cent last year and seat belts are fitted in 68 per cent of vehicles produced in Malaysia, should also remain a major revenue contributor.”

Ģ����Ƶ, which has been synonymous with the Daihatsu brand since its inception, has evolved into a diverse automotive group that represents some of the biggest international brands in Malaysia.  They include commercial vehicle brands Daihatsu and HINO; passenger car brands Perodua, Volvo, Volkswagen and Mitsubishi; and sports tuning brands, ABT and HeicoSportiv, and car-care brand Williams.

Ģ����Ƶ is the leader in every market segment it competes in, with products that range from light, medium and heavy duty trucks and buses to entry-level compact cars and luxury sports utility vehicles.

By 2015, Ģ����Ƶ plans to become one of the leading and most complete automotive groups in Malaysia with a full spectrum of capabilities that include manufacturing and assembly, distribution, retail and dealerships, parts and accessories, body and paint repair and customer services.

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Kuala Lumpur, September 28, 2012 â€“ Hino Motors Ltd, Japanâ€s leader in the manufacturing of trucks and buses, has entered into a joint-venture agreement with long-time partner, Ģ����Ƶ Berhad (Ģ����Ƶ), to established its first manufacturing plant in Malaysia.

Hino Motors Ltd will hold a 58 per cent stake in the joint-venture manufacturing company to be called Hino Motors Manufacturing (Malaysia) Sdn Bhd.  The balance will be owned by Ģ����Ƶ.  

The Hino manufacturing plant, which will involve an initial investment of RM140 million, will be located on a 42-acre site in Sendayan TechValley, Negeri Sembilan.  Construction is scheduled to begin in February 2013 and completed by the beginning of 2014. 

The new Sendayan plant, with an annual production capacity of approximately 10,000 units, will manufacture the full range of Hino products comprising small, medium and heavy duty trucks; and buses for the Malaysian market. 

Hino Motors Ltd President, Mr Yoshio Shirai, said that the company was delighted to expand its 35-year presence in Malaysia from sales to include full-fledged manufacturing.

“This strategic investment to set up a manufacturing plant here, we expect, will further strengthen our market leadership in the commercial vehicle segment in Malaysia where there is a growing demand for Hino products,” he said.

The joint venture with Hino is another boost for �ѵ��Ѹ�â€s automotive manufacturing division and a major step forward in its plans to become one of the leading and most complete automotive groups in Malaysia and the region by 2015.

Ģ����Ƶ Group Managing Director Looi Kok Loon said that the setting up of the manufacturing facility not only marked the beginning of the next level of partnership with Hino but would also contribute to raising the standards of the Malaysian automotive industry.

“While we are happy to see the natural extension of our partnership, we are even more excited that Hino has decided to make the Sendayan plant a full-fledged manufacturing facility.  This means that a lot of world-class manufacturing and quality control processes will be put in place.  This can only be good for the local automotive industry,” he said.      

_{About Hino Motors Ltd, Japan
Hino is a leading truck and bus manufacturer in Japan. Hino brand trucks and buses, with good quality, durability and reliability, are widely marketed in more than 70 countries/regions around the world.  With its predecessor company having been founded in 1910, Hino celebrates its 70th anniversary this year.}

_{About Ģ����Ƶ Berhad (Ģ����Ƶ)
Ģ����Ƶ is a diverse automotive group with two core businesses – automotive distribution and retailing; and automotive parts manufacturing. It currently represents some of the biggest international brands in Malaysia, including commercial vehicle brands Daihatsu and Hino; passenger car brands Perodua, Volvo, Volkswagen and Mitsubishi; and sports tuning brands, ABT and Heico Sportiv. It is the leader in every market segment it competes in, with products that range from light, medium and heavy duty trucks and buses to entry-level compact cars and luxury sports utility vehicles.  �ѵ��Ѹ�â€s automotive parts manufacturing division currently produces steel wheels, assembles wheel modules, builds bodies for commercial vehicles and manufactures automotive safety equipment such as airbag modules, seat belts, steering wheels, noise and heat reduction materials and insulator parts.}

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