Highlights
KLSE: PRKCORP (8346)       PERAK CORPORATION BHD MAIN : Transportation&Logistics
Last Price Today's Change   Day's Range   Trading Volume
0.445   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 44 Million
NOSH: 100 Million
Avg Volume (4 weeks):588
4 Weeks Range:0.445 - 0.445
4 Weeks Price Volatility (%):
100.00%
52 Weeks Range:0.215 - 0.495
52 Weeks Price Volatility (%):
89.90%
Average Price Target: 3.60
Price Target Upside/Downside: +3.155

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2023 [#4]  |  29-Feb-2024
Next QR | Est. Ann. Date: 31-Mar-2024  |  25-May-2024
T4Q P/E | EY: 16.59  |  6.03%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.95  |  0.47
T4Q NP Margin | ROE: 11.96%  |  2.82%

Headlines

Date Subject
12-Mar-2024 Daily Market Commentary - 12 Mar 2024
12-Mar-2024 PublicInvest Research Headlines - 12 Mar 2024
12-Mar-2024 Mplus Market Pulse - 12 Mar 2024
12-Mar-2024 Kenanga Today Highlights - 12 Mar 2024
11-Mar-2024 MQ Market Updates - 11 March 2024
11-Mar-2024 Perak Corp signs agreement to develop Teluk Dalam land
14-Feb-2024 MQ Market Updates - 14 February 2024
14-Feb-2024 SC Wins Insider Trading Civil Suit Against Perak Corp Ex-CEO Aminuddin; Court Orders RM2.46m Fine Plus RM1m Civil Penalty
05-Feb-2024 Daily Market Commentary - 5 Feb 2024
05-Feb-2024 Mplus Market Pulse - 5 Feb 2024
09-Jan-2024 Daily Market Commentary - 9 Jan 2024
28-Nov-2023 MQ Market Updates - 28 November 2023
28-Nov-2023 Daily Market Commentary - 28 Nov 2023
28-Nov-2023 PublicInvest Research Headlines - 28 Nov 2023
28-Nov-2023 Mplus Market Pulse - 28 Nov 2023
28-Nov-2023 PN17 Firm Perak Corp Teams Up With Advancecon to Develop RM1bil GDV Industrial Project in Perak
07-Nov-2023 Daily Market Commentary - 7 Nov 2023
07-Nov-2023 PublicInvest Research Headlines - 7 Nov 2023
07-Nov-2023 Mplus Market Pulse - 7 Nov 2023
07-Nov-2023 Perak Corp Granted Another Extension to February Next Year to Submit Regularisation Plan

Business Background

Perak Corp Bhd is an investment holding company primarily focused on property development, ports and logistics and, hospitality and tourism. Infrastructure segment includes maritime services in respect of the development of an integrated privatized project and encompassing operations of multipurpose port facilities, operation, and maintenance of bulk terminal, sales and rental of port-related land and other ancillary activities. Township development involves the development of real property and ancillary services. Management services and others include property investment and distribution. Most of its revenues come from ports and logistics segment.
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  3 people like this.
 
Jordan Khoo Very interesting stock ! Worth to invest tho
20/08/2018 11:45 AM
Diamond7 EPS .....Negative 188.84
ROE...... Negative 50.35
22/08/2018 8:29 PM
Jasper Coo Good time to accumulate more and gain more profit :)
23/08/2018 11:28 AM
tah16600 Waiting to close shop lol !
27/08/2018 9:21 AM
johnbrooks Went to maps for holiday... Crazy bosan... Dunno how they can turn this around... Ask khazanah for help lah ..... Those guys got some experience a bit..
10/01/2019 11:17 AM
nanas https://www.malaymail.com/s/1710964/former-perak-corp-ceo-charged-with-taking-rm455k-bribe

Former Perak Corp CEO charged with taking RM455k bribe

IPOH, Jan 10 — Datuk Aminuddin Md Desa, the former group chief executive of Perak Corp Berhad, today claimed trial to receiving RM455,660 from a contractor via the construction of a bungalow at Hulu Kinta here last year.

The 56-year-old was alleged to have committed the offence between Jan 17 and July 3 at Public Bank Berhad’s Jalan Sultan Idris Shah branch at 76, Jalan Sultan Idris Shah.

He was accused of receiving the bribe from one Chua Kim Weng, Uni-poh Construction Works Sdn Bhd director, with the knowledge that Chua's company had an interest in contract work at Bandar Meruraya 2 (Zone 9) which was linked to Aminuddin's official duties.

He was charged under Section 165 of the Penal Code, punishable with a maximum jail sentence of two years, or a fine, or both.

Farah Yasmin Salleh, who prosecuted, proposed a bail of RM20,000 with one surety.

She also asked Aminuddin's passport be impounded pending the disposal of the case.

Sessions Court judge S. Indera Nehru set February 22 for case management and fixed bail at RM15,000 with one surety.

She also ordered Aminuddin to hand over his passport.

Aminuddin was represented by Najmi Dawami Abdul Hamid.

Earlier, Aminuddin arrived at court at about 8.45am accompanied by his family.

Clad in white long sleeve short and slack, Aminuddin had used his blue coloured coat to cover his handcuffed hands.

Aminuddin resigned as group CEO last year and was reported arrested after he was summoned to the Perak office of the Malaysian Anti-Corruption Commission at 11.20am yesterday.
10/01/2019 11:30 AM
plaxo 88 so what is Nga and PH going to do now with PRKCorp? The bad guys are gone and so now.....sell chee cheong fan and char keuh teow???
13/03/2019 11:18 AM
plaxo 88 Question: is it time to buy?
17/06/2019 6:42 PM
lurhays a bit transaction then suddenly up ten step higher... epic...
15/07/2019 10:10 AM
Icon8888 dropped from RM3+ to now 40 sen ?
19/07/2019 6:39 PM
jwyap https://klse.i3investor.com/financial/QoQ/quarter/8346/30-Sep-2019_1158030267.jsp
29/11/2019 10:36 PM
jwyap time to move up now, fun fair had been taken over by perak state government , so future sure profit every year
29/11/2019 10:38 PM
danielleesing Animation Theme Park Sdn Bhd (ATP), a 51%-owned unit of loss-making Perak Corp Bhd (PCB), has defaulted on its repayment of a syndicated term loan facility of up to RM280 million.

The facility was granted by Affin Hwang Investment Bank Bhd, Affin Bank Bhd, Bank Pembangunan Malaysia Bhd and Malaysia Debt Ventures Bhd.

According to a filing with the bourse, ATP — the developer, owner and operator of Movie Animation Park Studios (MAPS) — defaulted on a RM25.7 million repayment on Sept 26, 2019, citing cash flow constraints.
02/12/2019 11:14 AM
firehawk Didn't this ctr was offer 3.90 a few years ago? all shareholders rejected the "unfair" offer?
19/12/2019 10:29 PM
Holyman holy moly poorest state in the union welcome to club pn17.
12/02/2020 9:21 AM
kenie State-owned Perak Corp now a PN17 firm
KUALA LUMPUR (Feb 11): Perak Corp Bhd — whose Movie Animation Park Studios (MAPS) theme park in Ipoh was closed last month until further notice — has lapsed into Practice Note 17 (PN17) status.
The state-owned firm told the stock exchange today that it is now regarded a PN17 company, arising from the default in payment and its inability to declare solvency.
This comes after the group defaulted on another repayment of principal, this time in respect of the Musharakah Mutanaqisah Term Financing-i and Tawarruq Revolving Credit-i of up to RM100 million granted by Affin Islamic Bank Bhd.
Last October, Animation Theme Park Sdn Bhd — a 51%-owned subsidiary of PCB Development Sdn Bhd, which in turn is a wholly-owned unit of Perak Corp — defaulted in its repayment of principal for a syndicated term loan facility of up to RM280 million involving Affin Hwang Investment Bank Bhd, Affin Bank Bhd, Bank Pembangunan Malaysia Bhd and Malaysia Debt Ventures Bhd.
“After taking into consideration the group’s current cash flow position vis-à-vis its total debt obligations payable and the available cash flow, the company is unable to declare that it is solvent, pursuant to paragraph 9.19A(4) of the Listing Requirements.
“Arising from the default in payment and the company is unable to declare that it is solvent, the company has triggered the prescribed criteria under paragraph 2.1(f) of the PN 17 of the Listing Requirements,” it added.
12/02/2020 10:10 AM
Holyman bite the silver bullet...taxpayers dole.
12/02/2020 12:39 PM
pang72 irehawk Didn't this ctr was offer 3.90 a few years ago? all shareholders rejected the "unfair" offer?
19/12/2019 10:29 PM

Why didn't accept 3.90 but want to keep till 26c?
12/02/2020 10:00 PM
apolloang tell pastor calvin to buy lo.....hehe
12/02/2020 10:57 PM
Choivo Capital You know, these kind of company is actually worth more dead than alive.

It might be worth it to really understand the liquidation process and see if the equity still got any meat left anot.

=====
apolloang tell pastor calvin to buy lo.....hehe
12/02/2020 10:57 PM
12/02/2020 11:01 PM
Holyman State govt also insolvent..bod pls have your mushroom stew .RESIGN.
13/02/2020 5:48 PM
thesteward Wakakaka wakakaka ya ya my fren told me it was offered 3.90 a few years back . What a joke . Now became pn17.
13/02/2020 9:58 PM
plaxo 88 now PH going to be kicked out, maybe somebody with some financial and business sense can finally take over. Or is this hoping for too much???
26/02/2020 9:51 AM
Holyman My beloved PERAK.... no more silver bullets to kill the WEREWOLVES.
29/02/2020 3:44 PM
Diego2020 this counter will rally for its new director and chairman...
07/07/2020 7:29 AM
plaxo 88 anybody have any info on this counter. Suddenly woke up
17/12/2020 9:35 AM
jetk13 Not sure what is the news.. But is FIFO time..
17/12/2020 10:24 AM
jwyap https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3114854
17/12/2020 9:05 PM
jwyap debt settle all. will up again tomorrow
17/12/2020 9:06 PM
BigPunter Wow. Check out announcement. Current NTA per share is -0.09. After proposed disposal is RM0.84 ... and after proposed debt settlement is RM2.85. This counter should fly today.
18/12/2020 8:04 AM
stockwinner @jwyap.

Spot on!

Next wed come my hse Yum sheng


Still in CH minum tea tarik strawberry
18/12/2020 8:53 PM
DCCIH9E See annoucement, soon no more PN17, fly fly fly....
20/12/2020 7:24 AM
tpcourt123 damm drop
21/12/2020 12:50 PM
Legend R.I.P
21/12/2020 12:51 PM
onionchong RIP to those who bought at 0.5+
21/12/2020 12:59 PM
bjgdila123 omg .30 boleh ka
21/12/2020 1:00 PM
thesteward Hopefully the creditor scheme go thru .
04/02/2021 1:18 PM
thesteward What big punter say is correct
04/02/2021 1:18 PM
tpcourt123 lol....dammm...this stock diam diam shoot up 0.675...shit
19/04/2021 12:35 PM
veritas SOA with creditors has been approved yesterday.
20/04/2021 7:13 AM
veritas and voila, a company with negative equity is immediately transformed !
20/04/2021 10:33 AM
veritas The pro forma effects of the other components of the Proposed New Scheme of Arrangement
on the consolidated net asset and gearing of PCB Group based on the latest audited
consolidated financial statements as at 31 December 2019 and assuming Proposed New
Scheme of Arrangement had been effected as at 31 December 2019 are shown below:
Audited as
at 31
December
2019
After
Proposed
Disposal
of
PERKESO
Properties
After
Proposed New
Scheme of
Arrangement
RM’000 RM’000 RM’000
Share capital 272,770 272,770 272,770
(Accumulated losses) / Retained earnings (86,081) (40,188) 49,792
186,689 232,582 322,562
Non-controlling interest (195,777) (195,777) (195,777)
Total Equity (9,088) 36,805 126,785
No. of Shares (‘000) 100,000 100,000 100,000
Net (liability) / asset per Share (RM)(3) (0.09) 0.37 1.27
20/04/2021 10:53 AM
OckBoy what mean ?veritas. what is the nta?
25/04/2021 8:18 PM
plaxo 88 up two cents today. must celebrate, finally it seems to be alive. Anybody know why?????????
04/06/2021 9:35 AM
jack64r Anyone have any update on the magistrate ruling on the fraud accusation filing by DAP?
19/09/2022 1:11 PM
plaxo 88 with new govt, any news on this company? Still to be kept in ICU or moved to normal ward?
11/01/2023 12:48 PM
bargainhunters out of pn17?
20/11/2023 10:07 AM
tatwaiwong 睦兴旺获得红土坎海运码头私人有限公司颁发总值1亿6100万令吉的红土坎海运码头扩张工程合约。睦兴旺工程指出,码头扩张工程包括在陆上的基础设施和海上设施,也包括属于岸外设施的开放式码头。
该项工程即将展开,并料在20个月内完成。
20/11/2023 10:21 PM
plaxo 88 anyone can translate into english
28/11/2023 11:05 AM
Fabien _the efficient capital allocator The Silver Valley Technology Park (SVTP) development in Kanthan is expected to bring in RM14bil foreign direct investment (FDI), says Datuk Seri Saarani Mohamad.

The Perak Mentri Besar said this RM1.03bil project would also create 13,000 new job opportunities for the people of Perak.

Saarani said he was optimistic that the development of SVTP would provide an alternative for Perak-born graduates to return back here to contribute to the state through the job opportunities provided.

“SVTP, which is located in a strategic location between the Kanthan Industrial Park and Meru Raya Town, already has a supporting ecosystem including existing basic facilities which provides an added value in attracting investors.

“To ensure that the SVTP is capable of being a catalyst for the state's industrial development and becoming the country's new industrial hub, aspects of quality and safety will not be compromised,” he said.

Saarani told reporters this on Monday (Jan 8) after witnessing the Joint Venture Agreement ceremony between Perak State Development Corporation, its subsidiary Perak Corp and Advancecon Holdings Berhad on the establishment of the park.
08/01/2024 8:13 PM


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