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1591

http://newmops.tse.com.tw

http:// www.inmax-fasteners.com

INMAX HOLDING CO., LTD.

+60-6-677-9543

[email protected]

+60-6-677-9543

[email protected]

Inmax Sdn. Bhd.

P.T. 6706, Tuanku Jaafar Industry Estate, 71450 Seremban, Negeri Sembilan, Malaysia.

+60-6-677-9543

1 22 5

http://www.ftsi.com.tw

(02)2563-5711

333 9

http:// www.ey.com

(02)2720-4000

http:// www.inmax-fasteners.com

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1

00

Inmax Holding Co., Ltd. 2009

11

1998 Specialty Tools & Fasteners Distributors Association,

STAFDA 2005

( )

352,365 292,299 20.5%

EPS 1.25

( )

( )

( 2)

%

24.11 19.80

136.65 148.18

%

348.33 368.37

205.76 195.75

24.39 11.89

( ) 15.73 9.73

( ) 20.35 11.69

(%)

31.11 13.80

25.23 11.66

( ) 11.77 6.01

( ) 5.02 1.25

( )

28°

Clinch Point

Sinker Bulk Nails

2

Pallet Plus

1018

(R )

( 100mm)

( 100mm)

00

10

101 100

1.

( )

1,200

( 1% )

2.

2007

(ASEAN) 10

2010

+1

2012 3 2020

6

+N

3

4

( ) 2009 11 19

1.

Landmark Square, 3rd Floor, 64 Earth Close, Grand Cayman, KY1-1203

Cayman Islands

2.

P.T. 6706, Tuanku Jaafar Industry Estate, 71450 Seremban, Negeri Sembilan,

Malaysia.

+60-6-677-9543

( )

1.

2.

78 3 Inmax Sdn. Bhd.

405

79 20,000 5

83 2,680

84

1,276 40,000

-

86 90%

87 (STAFDA)

88 5.50mm 0.90mm

100 Stanley Bostitch

89 4,940 164,840

Inmax Holding Co., Ltd.

Inmax Sdn. Bhd.

100%

Inmax Holding Co., Ltd.

5

91 -

( )

92

Itochu Prime Source

93 11 5,708

274,460 94 7

94 7

100 –

95 (Staplesand Brads)

96

97 -

98

97

10

11 150,000

99

3 4 9

8 19,500 169,500

11

3.

4.

1

2

3

6

( )

(Inmax Holding Co., Ltd.)

( )

7

( )

1. 100 4 29 %

( )

98.11.19 98.11.19

3

7,500,000 50 4,237,501 25 - - - -

Inmax Sdn. Bhd.

( )

98.11.19 98.11.19 3

7,500,000 50 - - 4,237,501 25 - - ( )

99.02.12 99.02.12 3

750,000 5 847,500 5 - - - -

99.02.12 99.02.12 3

100,000 0.67 113,000 0.67 - - - -

Grand Fortune Co. (M) Sdn Bhd. Healken

Sdn Bhd. Dunia Expo Melaka Sdn Bhd.

QVS Paper Product (M ) Sdn Bhd.

99.02.12 99.02.12 3

- - - - - - - -

( )

99.06.25 99.06.25

3

- - - - - - - -

(EMBA)

99.06.25 99.06.25

3

- - - - - - - -

100.03.25 100.03.25

3

- - - - - - - -

( ) 99.06.25 99.06.25

3

- - - - - - - -

( )

99.02.12 99.02.12 3

- - - - - - - -

( )

99.02.12 99.02.12 3

- - - - - - - -

99 6 25 100 3 25

8

2.

( 2)

1 2 3 4 5 6 7 8 9 10

-

-

-

-

-

-

-

2

( 1) -

( 1) 1

( 1) 2

1 99 6 25 100 3 25

2 ―‖

1

2 (

)

3

4

5

6

7

8

9 30

10 27

9

( )

100 4 29 : %

( )

99.02.12 4,237,501 25

Inmax Sdn. Bhd.

( )

99.02.22

University Kebangsaan

Malaysia,

Ernst & Young Malaysis

99.08.30

10

( )

1. (99)

A B C D

A B C D

E F G

(A)

(B)

(C)

(D) (E)

(F) (G)

(H)

525 525 2.48% 2.48% - 1,734 2.48% 10.67%

( 1)

( 1)

( 1)

( 2)

( 2)

( 2)

( 3)

( 3)

1 99 2 15

2 99 6 25

3 99 2 15 99 6 25

11

(A+B+C+D) (A+B+C+D+E+F+G)

( 9) I ( 10) ( 9) J ( 10)

2,000,000

2,000,000 5,000,000 - - - - 5,000,000 10,000,000 - - - -

10,000,000 15,000,000 - - - -

15,000,000 30,000,000 - - - -

30,000,000 50,000,000 - - - -

50,000,000 100,000,000 - - - -

100,000,000 - - - -

( ) 8 8 8 8

1 ( )

2 ( )

3

4 ( )

5

6

7 ( )

8 ( )

9

10 ( )

11

12 a.

b. I J

c.

2.

12

3. (99)

(A)

( 2) (B) (C)

( 3)

(D)

( 4)

A B C D

( 9)

( 5)

( 10)

( 6)

( 6)

( 6)

( 5)

( 6)

( 6) 1,734 8.19 -

( 7) (E)( 8)

2,000,000

2,000,000 5,000,000 5,000,000 10,000,000 10,000,000 15,000,000 15,000,000 30,000,000 30,000,000 50,000,000 50,000,000 100,000,000 100,000,000

( ) 1

1 ( )(3-1) (3-2)

2 ( )

3

4 ( )

5

13

6

7( )

8 ( )

9

10 ( )

11

12 a.

b.J

c.

4.

14

( )

(1)

( )

1,211 3.26%

525 2,259 2.48% 10.67%

98 11 19

(2)

A.

B.

15

( )

(99 ) 11 (A)

( )

B

( )

B/A(%)

11 0 100.00 98 11 19 11

9 0 81.82 98 11 19 11

8 0 88.89 99 2 12 9

8 1 88.89 99 2 12 9

7 1 77.78 99 2 12 9

4 0 100.00 99 6 25 4

1 2 25.00 99 6 25 4

4 0 100.00 99 6 25 4

6 0 100.00 99 2 12 99 6 25

6

6 0 100.00 99 2 12 99 6 25

6

14 3

( )

99 6 100 3 25

1

2

(1) ( ) (%)

( )

(2)

( ) (%)

16

( )

( )

1. 100 3 25 99

2.

17

( )

99 6 25

e-mail

e-mail

18

100 3 25 100 6 27

100 6 27

100

( )

( )

( )

( )

19

( )

( )

( )

( ) ( )

( )

( )

( ) 5S( )

( )

( )

20

( )

( ) (

)

( )

( )

( )

2009

( )

( )

( )

21

( )

( )

( )

(1) ( 26 )

(2)

( )

( )

2010.03.25

2010.06.25 *2009

*2009

* (19,500,000)

*

* [ ]

* [ ]

* [ ]

* [ ]

* [ ]

* [ ]

*

* ( )

2011.03.25 *

*

*

*

*

22

*

*

*

2010.02.10

2010.02.12

2010.03.05

2010.03.25 2008 2009

2010.04.07 2009

2009

Inmax Sdn. Bhd.

2010.04.26

XBRL

2009

2009

23

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8) Inmax Sdn. Bhd.

2010.05.13

(1)

(2)

(3)

2010.6.25

(1) [ ]

(2) [ ]

2010.8.30

24

2010.10.18 *2010 Inmax Sdn. Bhd

* ( )

*

* ( 1500 )

* [ ]

2010.10.28 * 40

2011.1.21 *2011

*2011

* 2011

*

*

*

*

* ( 1500 )

*

*

*

* [ ]

* [ ]

* [ ]

* [ ]

* [ ]

* [ ]

2011.3.25 *2010

*2010

*

*

*

*

*

* Inmax Sdn.Bhd.

* Inmax Sdn.Bhd.

*

*

*

( )

25

( ) (

)

26

27

99

1 2,000 1,200 800 2,000

2 2,000 4,000

3 4,000 6,000

4 6,000 8,000

5 8,000 10,000

6 10,000

( )

2010

800

;

2

1,200 800 800 99/01/01~99/12/31

1

2

25%

( )

( )

28

2003 7 2010 2

( )

( )

99 100 4 29

( ) ( )

( )

( )

(3,262,499)

(7,500,000)

847,500

113,000

( )

( )

( )

Chu Tung Investment Limited 3,390,000

99 6 25 100 3 25

( )

( )

99.02.10 Chu Tung Investment

Limited 10% 3,000,000 10

99.02.10

Yu Chang

Investment Co.,

Ltd

600,000 10

99.02.10 150,000 10

99.02.10 600,000 10

99.02.10 100,000 10

99.02.10 150,000 10

99.02.10 600,000 10

29

( )

99.02.10 100,000 10

Chu Tung

Investment

Limited

99.02.10 3,000,000 10

1

2

( )

100 4 29 %

( )

4,237,501 25.00

Chu Tung

Investment

Limited

Chu Tung

Investment

Limited

3,390,000 20.00

First Sky

Design

Limited

1,478,040 8.72

Accurate Steel

Limited 1,423,800 8.40

Tomford Real

Estate

Development

Limited

1,271,250 7.50

Advance Good

Holdings

Limited

1,011,350 5.97

847,500 5.00

Yu Chang

Investments

Corporation

Limited

Yu Chang

Investments

Corporation

Limited

678,000 4.00

Happy Touch

Investment

Limited

576,300 3.40

30

Lin,Yu-Hsueh 510,650 3.01

1

2

3

%

Inmax Sdn. Bhd. 5,000,000 100% - - 5,000,000 100%

31

( )

100 4 29

( )

98.11 10 200,000 2,000,000 15,000 150,000

99.08 10 200,000 2,000,000 16,950 169,500

99 4 26 99 6 25

16,950,000 183,050,000 200,000,000

( )

100 4 29

( 1)

0 3 0 29 8 40

0 4,375.2 0 62,294.8 102,830 169,500

0 2.58% 0 36.75% 60.67% 100%

1 0%

( )

100 4 29

1 999 5 909 0.01%

1,000 5,000 12 26,080 0.15% 5,001 10,000 4 24,240 0.14%

10,001 15,000 2 25,820 0.15% 15,001 20,000 0 0 0.00% 20,001 30,000 0 0 0.00% 30,001 40,000 0 0 0.00% 40,001 50,000 0 0 0.00% 50,001 100,000 3 212,030 1.25%

100,001 200,000 1 113,000 0.67%

32

200,001 400,000 2 669,270 3.95% 400,001 600,000 3 1,541,210 9.09% 600,001 800,000 1 678,000 4.00% 800,001 1,000,000 1 847,500 5.00%

1,000,001 6 12,811,941 75.59% 40 16,950,000 100.00%

1 2

33

( )

99 4 29 ,%

4,237,501 25.00

Chu Tung Investment Limited 3,390,000 20.00

First Sky Design Limited 1,478,040 8.72

Accurate Steel Limited 1,423,800 8.40

Tomford Real Estate Development Limited 1,271,250 7.50

Advance Good Holdings Limited 1,011,350 5.97

847,500 5.00

Yu Chang Investments Corporation Limited 678,000 4.00

Happy Touch Investment Limited 576,300 3.40

Lin,Yu-Hsueh 510,650 3.01

( )

98 99

/ / /

/ / /

/ / /

11.32 11.34

10.01

6,852,243 16,950,000

5.67 1.25

5.02

1.3 1( )

/ /

/ /

/ /

98 99

99 4 26 99 6 25

34

( )

1.

(a)

(b)

2.

1 100 3 25

( )

100

( )

1.

103

:

(a)

(b)

2.

3.

99 952,323 190,465

( )

( )

35

( )

( )

36

( )

1.

Hitachi Bostitch Max Paslode Makita Senco Bea

2. 2010

( )

(%)

323,577 91.83

26,921 7.64

Other 1,867 0.53

352,365 100.00

3.

90

A.

a.BRADS–18 GAUGE & 16 GAUGE

MEDIUM HEADED

18 GAUGE

FINISH BRADS

16 GAUGE

1.18mm 1.57mm

10–45mm 20–64mm

b.STAPLES–23 GAUGE, 20 GAUGE, 18 GAUGE & 16 GAUGE

37

F10 SERIES

23 GAUGE

J-4 & J-10

SERIES

20 GAUGE

L SERIES

18 GAUGE

N SERIES

16 GAUGE

0.67mm 0.90mm 1.19mm 1.58mm

7–13mm 6–22mm 16–38mm 25–50mm

B. –15º WIRE COLLATED COILS NAILS

2.10mm 25–50mm

2.30mm 45–64mm

2.50mm 45–75mm

2.87mm 50–90mm

3.05mm 64–100mm

3.33mm 64–100mm

C. –15º WIRE COLLATED COIL ROOFING NAILS

3.05mm 19–50mm

D. –21º ROUND HEAD PLASTIC COLLATED STRIP NAILS

38

2.87mm 50–75mm

3.05mm 60–90mm

3.33mm 60–90mm

3.76mm 50–83mm

4.10mm 60–64mm

E. –34º CLIPPED HEAD PAPER COLLATED STRIP NAILS

2.87mm 50–90mm

3.05mm 50–90mm

3.33mm 50–90mm

2.87mm 50–90mm

3.05mm 50–90mm

4. ( )

(1) Off-Set Round Head Paper Tape Nails

(2)

39

(3)DA

(1)

(2)

(3)

(4)

( )

1.

(fasteners

)

(nail)

(staple)

(DIY)

DIY

250

60% Global Insight 2009

40

1.6% Freedonia Group

10 1.5 2014 20

2009 4.7%

DIY

%

2009 2010(F) 2011(F) 2012(F) 2013(F)

(0.577) 4.766 4.220 4.541 4.586

(2.633) 2.639 2.313 3.039 2.902 IMF 2010 10

(ASTM)

F1667-97 U (Standard

Specification for Driven Fasteners Nails Spikes and Staples)

(nails) (cut nails) (spikes) U

(staples)

(crown)

A.

ITIS 97

( ) 520

97 15 20

276 23%

19% 11% 10% 9% 7% 5% 16%

20 84% 20

33% 2008 20 836

20 62%

41

97

97

( )

97 12 3

98 1 15 25%

98 1 31 87%

98 2 3

98 2 23 206.00%

98 3 26

55.16%~206.00%

98 3

98 3

98 3 23 15.6%~24.2%

98 3 26

98 4 27

98 9 23

98 9 24 5

39.2% 30%

98 10 14

99 8 3 64%

Steelnet

B.

2008

42

2008

2009 84

2008 28% 2008

2008

2009

2008

(28.5%) (25.4%) (12.1%)

(7.1%) (4.9%)

2005~2009

/ ITIS

2009 2,800

37,000 50

Precision Castparts Corp.

Illinois Tool Works Inc. Alcoa Inc.

1,000

2005年 2006年 2007年 2008年 2009年

進口值(百萬美元) 4,424 4,670 4,655 5,026 3,073

進口量(千公噸) 2,396 2,577 2,283 1,968 1,224

進口單價(美元/公斤) 1.8 1.8 2.0 2.6 2.5

0

1

2

3

0

1,000

2,000

3,000

4,000

5,000

6,000 /

43

2009 5.6%

2009 12

2010 2009

2.

ITIS

3.

A.

RoHS 2003 02 13 2006 07

01 --

0.35%

44

B.

Bostitch Senco Hitatchi Makita

Prebena Bea

( STANLEY )

C.

D.

E.

80%

90%

2000 7 2007

4 FTA(Free Trade Agreement)

2010 (

) ( )

4.

45

Tag

Unicatch

Youngwoo Dubi Wire Millennium Steel &Wire

( )

/

28°

Clinch Point

Sinker Bulk Nails

Pallet Plus

1018

(R )

( 100mm)

( 100mm)

( )

1

( )

1,200

( 1% )

2

97

(ASEAN) 10

99 +1

101 3

119 6

+N

46

( )

1.

98 99

(%) (%)

231,828 79.31 274,299 77.85

1,237 0.43 - -

7,783 2.66 18,727 5.31

240,848 82.40 293,026 83.16

51,451 17.60 59,339 16.84

292,299 100.00 352,365 100.00

2.

80%

97 4,350

97 416 9.56%

3.

3~5

IMF

2011 4.2% 2011

2.31% 2.02% 1.50% 1.68%

47

9.59%

4.

A.

1%

ISO9001

100

Stanley Bostitch( MASTER FASTENERS INTERNATIONAL,LLC

) Itochu PrimeSource (

ITOCHU )

B.

OEM

C.

DIY

D.

E.

48

5.

(1)

A.

IMF 98

(0.54%) 100 4.2%

B

Import and Export Licences (AP)

98 10

C.

97

97

D.

2010 (

) ( )

+N

(2)

A.

a.

b.

+N

B.

1~2

49

a.

(Southern Steel)

b.

( )

(1)

(2)

( )

Purchase Order

Store

Screw / Ring

Making

CG. Or EG.

Treatment

Nail Collation

Packing

no

Nails Polishing

Nails Making

Issue Material

Production Planning

Manufacturing Order

Low Carbon Steel Wire

yes Check Store Customer

50

Wirerod( ) SOUTHERN STEEL BERHAD

GalvanisedWire

( ) SMI WIRE SDN. BHD.

SOUTHERN WIRE INDUSTRIES (M) SDN. BHD.

( ) ( ) ( )

51

1.

98 99 100

%

%

%

1 Southern Steel

Bhd. 160,483 81.65 —

Southern Steel

Bhd. 216,632 82.41 —

Southern Steel

Bhd. 68,609 82.39 —

2 — — — — — — — — — — — —

— 36,061 18.35 46,255 17.59 — 14,661 17.61 —

196,544 100.00

262,887 100.00 —

83,270 100.00 —

98 99 Southern Steel 98 10

Southern Steel 98 10

係,故 98 及 99 年度皆為本公司之最大供應商

2.

98 99 100

(%)

%

%

52

98 99 100

(%)

%

%

1

ITOCHU

BUILDING

PRODU

CTS

CO.,INC

105,141 35.97 —

MASTER

FASTENE

RS

INTERNA

TIO

NAL,LLC

107,218 30.43 —

MASTER

FASTENERS

INTERNATIO

NAL,LLC

22,447 22.21 —

2

MASTER

FASTENE

RS

INTERNA

TIO

NAL,LLC

50,913 17.42 —

ITOCHU

BUILDING

PRODU

CTS

CO.,INC.

13,180 13.04 —

136,245 46.61 245,147 69.57 65,420 64.75

292,299 100.00 352,365 100.00 101,047 100.00

53

( )

98 99

( ) 876,000 566,750 206,385 876,000 601,688 264,163

( ) 460,800 254,284 16,956 460,800 376,568 21,063

Other(unit) - - 983 - - 2,327

224,324 287,553

100%

( )

98 99

60,964 36,688 514,511 234,794 61,254 38,742 551,230 284,835

219,880 13,246 100,660 6,054 241,851 18,730 120,182 8,191

O t h e r 3,196 1,517 - - 6,738 1,867 - -

284,040 51,451 615,171 240,848 309,843 59,339 671,412 293,026

98 99 100

5 31

22 30 29

76 75 91

98 105 120

32.43 31.91 31.23

4.98 2.66 2.48

(%)

54

98 99 100

5 31

5 7 7

23 26 24

70 72 89

1.

2.

1.

(1)

(2)

a.

b.

(3)

( EPF)

(A)

(B)

(C) 11 12

(4)

55

2.

Southern Steel Bhd 2011.4.01~

2011.04.30

95%

Affin Bank Bhd. 2001.05.09~

2012.05.09

Affin Bank Bhd. 2005.04.09~

2015.04.09

56

( )

( )

95 96 97

( )

98

( ) 99

87,435 86,953 102,032

141,400 136,539 137,571

159 156 162

228,994 223,648 239,765

28,716 24,963 27,698

58,728 24,963

20,755 16,840 11,567

11,223 12,111 8,212

60,694 53,914 47,477

90,706 53,914

48,743 150,000 169,500

20,866 1,366

118,821 21,163

118,821

736 (1,132) 259

168,300 169,734 192,288

138,288 169,734

97 98 99

98 11 19 95~96

57

( )

( )

95 96 97

( )

98

( ) 99

454,897 292,299 352,365

40,920 67,975 64,812

11,201 46,661 23,397

19,221 1,130 423

(3,564) (9,948) (4,051)

26,858 37,843 19,769

23,684 34,392 21,163

23,684 34,392 21,163

4.86 5.02 1.25

97 98 99

100

98 11 19 95~96

( )

99

98

97

1 1 1 96

95

1 98 11 19

58

( 2)

( 1)

95 96 97 98 99

%

26.50 24.11 19.80

133.70 136.65 148.18

%

304.48 348.33 368.37

191.08 205.76 195.75

8.54 24.39 11.89

( ) 15.05 12.30 9.77

24 30 37

( ) 12.37 6.67 6.99

( ) 30.43 32.80 23.36

30 55 52

( ) 3.22 2.14 2.56

( ) 1.99 1.31 1.47

( ) 10.83 15.73 9.73

( ) 14.93 20.35 11.69

(%)

22.98 31.11 13.80

55.10 25.23 11.66

( ) 5.21 11.77 6.01

( ) 4.86 5.02 1.25

( ) 133.18 149.98 105.27

( ) 96.40 95.87 99.50

( ) 11.99 2.30 8.38

2.34 1.29 2.27

1.47 1.04 1.08

98 99

1 98 11 19 95~96

1.

(1)

(2)

2.

(1)

(2)

(3)

3.

(1) ( )

59

( )

(2) 365

(3)

(4) ( )

( )

(5) 365

(6)

(7)

4.

(1) ×

(2)

(3)

(4)

5.

(1)

(2) (

)

(3) ( ) (

)

6.

(1) ( )

(2) ( )

60

( 61 91 )

61

62

63

64

65

66

( )

( Inmax Holding Co., Ltd.,

) 98 11 19

99 98 12 31 105 98

1.

(1)

(2)

A.

B.

INMAX SDN. BHD. 100%

98 12 24

67

C.

D.

E.

F.

G.

H.

2.

(1)

(

)

A.

B.

C. ( )

( )

D. ( )

( )

E.

(2) 95 6 5 (95) 141

98

(95) 141

98

98

68

(3) 98 ( 98 11 19 ( )

12 31 )

96 12 21 (96) 344

(4) 99

(96) 344

Inmax SDN. BHD.

Inmax SDN. BHD.

Inmax SDN. BHD. ( 98 12 24

) Inmax SDN. BHD.

(5)

10

99 12 31 98 12 31

MYR$1=NT$9.4814 MYR$1=NTD$9.3518

3.

69

4.

(1)

(2)

(3)

5.

(1)

(2)

70

6.

34

(

)

(1)

(2)

7.

71

8.

9.

10.

72

50

10

5

5-10

5-10

11.

35

( )

( )

12.

(1)

73

(2)

(3)

( )

13.

( EPF)

A.

B.

C. 11% 12%

14.

(1) 22

74

(2)

(3)

(4)

15.

96 3 (96)

052

16.

17.

75

98 1 1

10 1.

2.

3.

( ) 99

98

1.

99.12.31 98.12.31

$47 $11

10,051 6,053

- 47

$10,098 $6,111

(1) 99 98 12 31 2.35%~2.70%

2.50%~3.00%

(2)

2. ( )

99.12.31 98.12.31

$334 $- $- $-

INMAX SDN. BHD. 99

( )

99.12.31

76

AFFIN BANK 99.10.22~100.04.22 US 16 $5 $-

AFFIN BANK 99.11.18~100.05.18 300 99 -

AFFIN BANK 99.11.23~100.05.23 300 105 -

AFFIN BANK 99.12.06~100.06.06 200 125 -

US 816 $334 $-

3.

99.12.31 98.12.31

$41,993 $26,534

- 1,403

- -

$41,993 $27,937

4.

99.12.31 98.12.31

$1,585 $9,343

- 7,748

$1,585 $17,091

5.

99.12.31 98.12.31

$31,210 $13,912

5,986 4,370

7,828 9,556

3,193 6,862

(622) -

$47,595 $34,700

(1) 99 75

547

(2)

6.

99.12.31

77

$27,074 $- $27,074

53,283 8,398 44,885

175,042 116,703 58,339

12,568 7,027 5,541

3,188 2,534 654

2,217 1,139 1,078

$273,372 $135,801 $137,571

98.12.31

$26,704 $- $26,704

52,555 7,233 45,322

165,463 109,170 56,293

11,477 5,107 6,370

2,929 2,352 577

2,178 905 1,273

$261,306 $124,767 $136,539

99 98 12 31

7.

99.12.31 98.12.31

$- $6,653

(1) 99 98 2.85%~2.90%

2.35%~6.30%

(2) 99 98 12 31

(3)

8.

99.12.31 98.12.31

91 3

101 3

91

226 120

$2,949 $5,355

78

94 4

104 4

94

258

265

275

120

12,301 14,534

(5,305) (4,895)

$9,945 $14,994

(1) 99 98 3.80%~6.55%

2.35%~6.30%

(2) 99 98 12 31

(3)

(4) 99 12 31

100.1.1~100.

12.31

$5,305

101.1.1~101.

12.31

3,103

102.1.1~102.

12.31

2,983

103.1.1~103.

12.31

3,185

104.1.1 674

$15,250

9.

99.12.31 98.12.31

$2,229 $2,410

(607) (564)

$1,622 $1,846

79

(1) 99 98

4~5 99 98

3.25%~4.16% 2.42%~4.16%

(2) 99 12 31

100.1.1~100.

12.31

$607

101.1.1~101.

12.31

578

102.1.1~102.

12.31

606

103.1.1~103.

12.31

438

$2,229

10.

98 11 19 98 12 24 INMAX

SDN. BHD. 150,000

20,866

99 6 25 19,500

1,950 10 99 8 10

99 98 12 31 169,500

15,000 16,950 15,000 10

11.

103

80

99 1,143

99

100

99

12.

99 98.11.19( )~98.12.31

$11,590 $11,052 $22,642 $- $- $-

- 153 153 - - -

- 997 997 - - -

1,126 328 1,454 - - -

8,739 5,313 14,052 - - -

- - - - - -

13.

(1)

99.12.31 98.12.31

A. $- $-

B. $8,069 $11,970

C. $- $-

D.

( ) $(32,276) $(47,880)

81

99.12.31 98.12.31

(2) $- $-

( ) - -

- -

- -

$- $-

99.12.31 98.12.31

(3) $- $-

( ) - -

- -

(8,069) (11,970)

$(8,069) $(11,970)

(4)

99

98.11.19

( )

98.12.31

$19,769 $-

25% 25%

4,942 -

( ) 214 -

(87) -

( ) (1,481) -

(4,982) -

( ) $(1,394) $-

( ) $- $-

(5)

A.

B. INMAX SDN. BHD.

82

(a)

(b)

28% 27% 26%

25%

14.

99

( ) ( ) ( )

$19,769 $21,163 16,950 $1.17 $1.25

- - - -

$19,769 $21,163 $1.17 $1.25

98.11.19( )~98.12.31

( ) ( ) ( )

$- $- 15,000 $- $-

- - - -

$- $- $- $-

1.

( )

Asian Code Sdn. Bhd. (Malaysia)

2.

83

(1)

99 98.11.19( ) 98.12.31

99

98.11.19( )

98.12.31

% %

( ) $1,361 0.52 $- -

2.(2)

(2)

99 98.11.19( ) 98.12.31

99

98.11.19( )

98.12.31

% %

( ) $8,037 2.28 $- -

-

(3) ( )

( )

99.12.31 98.12.31

% %

( ) $- - $1,403 5.02

99.12.31 98.12.31

% %

( ) $- - $1,985 11.61

84

Asian Code Sdn. Bhd.

(Malaysia)

- - 461 2.58

$- $2,446

(4)

99 12 31 99

5,380 2,369

98.11.19( ) 98.12.31

( )

$5,891 $5,302 5% $- $-

(5)

99 98.11.19( )

98.12.31

$6,427

5,896

$-

-

$12,323 $-

( )

(6)

99 98 12 31

INMAX SDN. BHD.

(7)

99

98.11.19( )

98.12.31

$2,259 $-

85

99 98 12 31

99.12.31 98.12.31

$27,074 $26,704

44,885 -

$71,959 $26,704

86

1.

(1)

(2)

(3)

(4)

2.

(1) 99 98 12 31

99.12.31

98.12.31

$10,098 $10,098 $6,111 $6,111

( ) 41,993 41,993 27,937 27,937

162 162 156 156

87

99.12.31

98.12.31

- - 6,653 6,653

( ) 18,102 18,102 6,517 6,517

(

)

15,250 15,250 19,889 19,889

(

)

2,229 2,229 2,410 2,410

143 143 141 141

334 334 - -

(2)

A.

B.

C.

( )

(3)

99.12.31 98.12.31 99.12.31 98.12.31

$10,098 $6,111 $- $-

- - 41,993 27,937

- - 162 156

- - - 6,653

- - 18,102 6,517

( - - 15,250 19,889

88

99.12.31 98.12.31 99.12.31 98.12.31

)

(

)

- - 2,229 2,410

- - 143 141

334 - - -

(4)

1 1 2 2 3 3 4 4 5 5

$5,305 $3,103 $2,983 $3,185 $674 $- $15,250

607 578 606 438 - 2,229

1 1 2 2 3 3 4 4 5 5

$10,051 $- $- $- $- $- $10,051

(5)

(6)

99 12 31

334

3.

99.12.31 98.12.31

( )

( )

89

$5,544,378 9.4814 $52,568 $3,657,443 9.3518 $34,204

3,767,944 9.4814 35,725 3,807,902 9.3518 35,611

( )

4. 98 99

5. 95 6 5 (95) 141

98 (95) 141

98

1.

20%

20%

20%

20%

20%

2.

90

20%

20%

20%

20%

20%

.2

3.

4.

1.

2.

3.

99 98.11.19( ) 98.12.31

99

98.11.19( )

98.12.31

$274,299 $-

18,727 -

$293,026 $-

4.

91

99 98.11.19( ) 98.12.31

10%

99

98.11.19( )

99.12.31

A $107,218 30% $- -

99 98.11.19( ) 98.12.31

10%

99

98.11.19( )

99.12.31

A $107,218 30% $- -

92

%

98 99

%

86,953 102,032 15,079 17.34

- - - -

136,539 137,571 1,032 0.76

- - - -

156 162 6 3.85

223,648 239,765 16,117 7.21

24,963 27,698 2,735 10.96

16,840 11,567 (5,273) (31.31)

12,111 8,212 (3,899) (32.19)

53,914 47,477 (6,437) (11.94)

150,000 169,500 19,500 13.00

20,866 1,366 (19,500) (93.45)

- 21,163 21,163 -

- - - -

(1,132) 259 1,391 (122.88)

169,734 192,288 22,554 13.29

20% 1,000

1. 99

99 98

93

%

98 99

%

292,896 353,524 60,628 20.70

292,299 352,365 60,066 20.55

224,324 287,553 63,229 28.19

67,975 64,812 (3,163) (4.65)

21,314 41,415 20,101 94.31

46,661 23,397 (23,264) (49.86)

1,130 423 (707) (62.57)

9,948 4,051 (5,897) (59.28)

37,843 19,769 (18,074) (47.76)

( ) (3,451) 1,394 4,845 140.39

34,392 21,163 (13,229) (38.47)

20% 1,000

1. 99

2.

98

3.

99 98

94

1.

( 1)

( )

6,111 29,158 (25,171) 10,098 - -

99

1

2.

3.

( )

( )

10,098 52,869 (52,905) 10,062 - -

=1 9.5

1.

-

2.

3.

( )

95

98 99

( )

(1,276) (1,751)

1%

( ) (8,330) (2,220)

99

99 100

96

- - -

( )

Inmax Sdn.Bhd. 99

99

99

( )

( )

97

( )

( )

( )

( )

10 2.5

LMW(License Manufacturing Warehouse)

100

( )

(1)

99

95.91% SOUTHERN STEEL

SMI WIRE ORNAPAPER INDUSTRY GRAND

FORTUNE

99 SOUTHERN STEEL

82.41%

98 10

SOUTHERN STEEL AMSTEEL MILL SOUTHERN

STEEL

SOUTHERN STEEL 1~2

SOUTHERN STEEL

97 11 98

10

98

(2)

35.97% 30.43%

20% 98 ITOCHU 99 97

(20.77%~118.04%)

MASTER FASTENERS

Inmax Sdn. Bhd. 99

( )

( )

99 2 12 99 6 25

100 3 25

( )

( )

1.

2.

3.

( )

99

100