天成國際(00109.HK):正重新考慮光纖租賃業務策略
格隆匯6月4日丨天成國際(00109.HK)公吿,於2020年7月收悉緬甸鐵路商務部的函件(“2020年函件”)要求集團移除仰光—曼德勒鐵路沿線的主光纜後,集團已就該事項與相關機關進行進一步磋商。儘管集團已積極進行磋商,惟於2021年5月28日,集團收悉緬甸鐵路商務部的函件,正式通知集團,MG11與緬甸鐵路商務部於2014年10月訂立的協議經已終止(“終止”)該協議將仰光—曼德勒鐵路沿線的業務權利授予MG11。
於2019年12月31日,集團的光纖租賃業務的未經審核分部資產總值及資產淨值分別約為1.81億港元及1.13億港元。由於2020年函件,預期(i)緬甸鐵路商務部要求集團移除仰光—曼德勒鐵路沿線的主光纜將導致撇銷MG11的資產不少於5400萬港元;及(ii)MG11的使用權資產、商譽及無形資產將減值不少於7000萬港元,乃按MG11的現金產生單位使用價值的初步估值計算(統稱“撇銷及減值”)。
預期除撇銷及減值外,概無集團光纖業務的其他重大投資將因終止而進一步撤銷或減值。
經考慮:(i)緬甸鐵路商務部於2020年函件要求集團移除仰光—曼德勒鐵路沿線的主光纜;(ii)終止;及(iii)2021年初緬甸政治環境因軍事政變的不確定因素後,集團正重新考慮其光纖租賃業務的策略,可能包括可能出售集團於MG11的權益及將資源重新調度至其他業務發展機會。
公司股份繼續暫停買賣。
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