Appendix 4C
Quarterly report for entities subject to Listing Rule 4.7B
+Rule 4.7B
Appendix 4C
Quarterly report for entities subject to Listing Rule 4.7B
Introduced 31/03/00 Amended 30/09/01, 24/10/05, 17/12/10, 01/09/16
Name of entity
LionHub Group Limited | |
ABN | Quarter ended ("current quarter") |
29 119 999 441 | 31 March 2019 |
Consolidated statement of cash flows | Current quarter | Year to date | ||
$A'000 | ( 12 months) | |||
$A'000 | ||||
1. | Cash flows from operating activities | |||
1.1 | Receipts from customers | - | - | |
1.2 | Payments for | |||
(a) | research and development | - | - | |
(b) | product manufacturing and operating | - | - | |
costs | ||||
(c) | advertising and marketing | (2) | (2) | |
(d) | leased assets | - | - | |
(e) | staff costs | (64) | (64) | |
(f) administration and corporate costs | (74) | (74) | ||
1.3 | Dividends received (see note 3) | - | - | |
1.4 | Interest received | - | - | |
1.5 | Interest and other costs of finance paid | (20) | (20) | |
1.6 | Income taxes paid | - | - | |
1.7 | Government grants and tax incentives | - | - | |
1.8 | Other (provide details if material) | - | - | |
1.9 | Net cash from / (used in) operating | (160) | (160) | |
activities | ||||
2. | Cash flows from investing activities | |||
2.1 | Payments to acquire: | |||
(a) property, plant and equipment | - | - | ||
(b) | businesses (see item 10) | - | - | |
(c) | investments | - | - | |
+ See chapter 19 for defined terms | Page 1 | |||
1 September 2016 |
Appendix 4C
Quarterly report for entities subject to Listing Rule 4.7B
Consolidated statement of cash flows | Current quarter | Year to date | ||
$A'000 | ( 12 months) | |||
$A'000 | ||||
(d) | intellectual property | - | - | |
(e) | other non-current assets | - | - | |
2.2 | Proceeds from disposal of: | |||
(a) property, plant and equipment | - | - | ||
(b) | businesses (see item 10) | - | - | |
(c) | investments | - | - | |
(d) | intellectual property | - | - | |
(e) | other non-current assets | - | - | |
2.3 | Cash flows from loans to other entities | - | - | |
2.4 | Dividends received (see note 3) | - | - | |
2.5 | Other (Deposit for land tender) | - | - | |
2.6 | Net cash from / (used in) investing | - | - | |
activities | ||||
3. | Cash flows from financing activities | |||
3.1 | Proceeds from issues of shares | - | - | |
3.2 | Proceeds from issue of convertible notes | 183 | 183 | |
3.3 | Proceeds from exercise of share options | - | - | |
3.4 | Transaction costs related to issues of | - | - | |
shares, convertible notes or options | ||||
3.5 | Proceeds from borrowings | - | - | |
3.6 | Repayment of borrowings | - | - | |
3.7 | Transaction costs related to loans and | - | - | |
borrowings | ||||
3.8 | Dividends paid | - | - | |
3.9 | Other (provide detail if material) | 27 | 27 | |
3.10 | Net cash from / (used in) financing | 210 | 210 | |
activities |
4.Net increase / (decrease) in cash and cash equivalents for the period
4.1Cash and cash equivalents at beginning of
quarter/year to date | 22 | 22 | |
4.2 | Net cash from / (used in) operating | (160) | (160) |
activities (item 1.9 above) | |||
4.3 | Net cash from / (used in) investing activities | - | - |
(item 2.6 above) | |||
4.4 | Net cash from / (used in) financing activities | 210 | 210 |
(item 3.10 above) | |||
+ See chapter 19 for defined terms | Page 2 | ||
1 September 2016 |
Appendix 4C
Quarterly report for entities subject to Listing Rule 4.7B
Consolidated statement of cash flows | Current quarter | Year to date | |
$A'000 | ( 12 months) | ||
$A'000 | |||
4.5 | Effect of movement in exchange rates on | (2) | (2) |
cash held | |||
4.6 | Cash and cash equivalents at end of | 70 | 70 |
quarter | |||
5. | Reconciliation of cash and cash | Current quarter | Previous quarter |
equivalents | $A'000 | $A'000 | |
at the end of the quarter (as shown in the | |||
consolidated statement of cash flows) to the | |||
related items in the accounts | |||
5.1 | Bank balances | 70 | 70 |
5.2 | Call deposits | - | - |
5.3 | Bank overdrafts | - | - |
5.4 | Other (provide details) | - | - |
5.5 | Cash and cash equivalents at end of | 70 | 70 |
quarter (should equal item 4.6 above) | |||
6. | Payments to directors of the entity and their associates | Current quarter | |
$A'000 | |||
6.1 | Aggregate amount of payments to these parties included in item 1.2 | - | |
6.2 | Aggregate amount of cash flow from loans to these parties included | - | |
in item 2.3 |
6.3Include below any explanation necessary to understand the transactions included in items 6.1 and 6.2
Current quarter : Nil
7. | Payments to related entities of the entity and their | Current quarter |
associates | $A'000 | |
7.1 | Aggregate amount of payments to these parties included in item 1.2 | - |
7.2 | Aggregate amount of cash flow from loans to these parties included | - |
in item 2.3 |
7.3Include below any explanation necessary to understand the transactions included in items 7.1 and 7.2
Current quarter : Nil
+ See chapter 19 for defined terms | Page 3 |
1 September 2016 |
Appendix 4C Quarterly report for entities subject to Listing Rule 4.7B
8.Financing facilities available
Add notes as necessary for an understanding of the position
8.1Loan facilities
8.2Credit standby arrangements
8.3Others (Convertible Notes)
Total facility amount | Amount drawn at |
at quarter end | quarter end |
$A'000 | $A'000 |
1,593 | 1,593 |
- | - |
1,850 | 1,850 |
8.4Include below a description of each facility above, including the lender, interest rate and whether it is secured or unsecured. If any additional facilities have been entered into or are proposed to be entered into after quarter end, include details of those facilities as well.
8.1 Loan facilities include :
i ) Unsecured Shareholder loan of S$ 1,000,000 ( approximately A$ 992,000 ) signed on 22 February 2017. The repayment of this loan had previously been extended to 21 Feb 2019 at the interest rate of 5.5% per annum. On 9 May 2018, there was a repayment in the amount of S$55,000 (approximately A$54,000). The total outstanding loan as of 31 March 2019 was S$945,000 (approximately A$980,721). The parties are in ongoing dialogue regarding a further extension of this loan facility.
ii) Unsecured Shareholder loan of S$ 590,000 ( approximately A$612,302 ) signed on 1 June 2017 and interest rate at SIBOR plus 1.4%.
8.3 Others include :
As announced on 8 August 2017, the Company will be conducting a private placement of Convertible Notes to sophisticated investors of up to A$3,500,000. As at 31 March 2019, A$1,850,000 of these Notes had been issued.
9. | Estimated cash outflows for next quarter | $A'000 |
9.1 | Research and development | - |
9.2 | Product manufacturing and operating costs | - |
9.3 | Advertising and marketing | - |
9.4 | Leased assets | - |
9.5 | Staff costs | (68) |
9.6 | Administration and corporate costs | (136) |
9.7 | Other (provide details if material) | - |
9.8 | Total estimated cash outflows | (204) |
+ See chapter 19 for defined terms | Page 4 |
1 September 2016 |
Appendix 4C
Quarterly report for entities subject to Listing Rule 4.7B
10. | Acquisitions and disposals of | Acquisitions | Disposals |
business entities | |||
(items 2.1(b) and 2.2(b) above) | |||
10.1 | Name of entity | - | - |
10.2 | Place of incorporation or | - | - |
registration | |||
10.3 | Consideration for acquisition or | - | - |
disposal | |||
10.4 | Total net assets | - | - |
10.5 | Nature of business | - | - |
Compliance statement
1This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
2This statement gives a true and fair view of the matters disclosed.
Sign here | : | Date : | 30 April 2019 |
Print name | : | Choon Keng Kho |
Notes
1.The quarterly report provides a basis for informing the market how the entity's activities have been financed for the past quarter and the effect on its cash position. An entity that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.
2.If this quarterly report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 107: Statement of Cash Flows apply to this report. If this quarterly report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standard applies to this report.
3.Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.
+ See chapter 19 for defined terms | Page 5 |
1 September 2016 |
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Lionhub Group Ltd. published this content on 30 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 April 2019 05:07:02 UTC