Issue in assigning new Planning Calendar for MRP.

Hello Experts
I have trouble in setting up new Planning calendar for S&OP and MRP process. Let me explain in details
Requirement is, currently I am using standard country specific Factory calendar format (monthly period) per plant. But new requirement has came up and Company wants to change beginning and end of period (monthly) -- as shown below
Current Calendar
1 July to 31 July = period 1 - 2014
1 Aug to 31 Aug = Period 2 - 2014
and so on..
New requirement is ( Last week of Friday is end of Period) 
Sat 28 June to Fri 25 July = Period 1 - 2014
Sat 26 July to Fri 29 Aug = Period 2 - 2014
Sat 30  Aug to Fri 3 Oct = Period 3 - 2014
and so on..
(basic concept is to keep
4wk, 5wk, 5wk for Quarter 1
4wk, 4wk, 5wk for Quarter 2. and so on.. )
I have setup new planning calendar in MD25..
ie. min period, start of period not a working day, Calculation rule & Period etc...
then assigned new planning calendar in MM02 - MRP2 and also in MRP1 used Lot size PK... etc..
But when i Put demand in MC88.. which gives us std month format and transfer to DM, then Ran MRP but some how MRP is not creating correct Qty in planned demand as per new calender..
i.e..  1 July to 31 July = period 1 - 2014  if total demand Qty for Material XYZ is : 50
        I am expecting planned demand result in MRP as...   Sat 28 June to Fri 25 July = Period 1 - 2014  - should be 50 in total.. but It's not..
Any reason? Or I am missing some settings?
Thank you in advance..
PC...

Thanks KK/Umesh
Business wants planning calendar in this format. And Fiscal Year Variant has also been set according to new calendar.
KK, Regarding MC88 there is no option to incorporate planning calendar into S&OP process. And Organisation's S&OP process is set from day one (Planning by ProdGrp/Material) so MD61 would not be a good option to use.
Umesh, regarding "start of period not a working day", I have selected "do not displace". And 27/09 and 27/12 dates are set holiday. The major issue here is: Not every 4th Sat of month is Period start day, MRP is picking new planning calendar (defined in above table) from the system But some how when transferring forecast data from planning table to demand management (MC88), system don't recognize new planning calendar and it distributes demand over weekly bucket per regular month Calendar instead of new planning calendar..
Some how I need to incorporate new planning calendar into S&OP setup somewhere, Any thoughts?
Thanks.
PC    

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