Highlights
KLSE : PUNCAK       PUNCAK NIAGA HOLDINGS BHD
Last Price Today's Change   Day's Range   Trading Volume
3.37   -0.03 (0.88%)  3.37 - 3.42  2,779,500

Overview

Board:Main Market
Sector:Infrastructure
Avg Volume (4 weeks):1,801,978
4 Weeks Range:3.28 - 3.45
52 Weeks Range:2.49 - 3.76
Average Price Target:3.78
Price Target Upside/Downside:+0.41
View Price Target Detail

Business Background

Puncak Niaga Holdings Berhad (PNHB) is an investment holding company. The Company, through its subsidiaries, is primarily engaged in the treatment and distribution of treated water to consumers in the State of Selangor, the Federal Territories of Kuala Lumpur and Putrajaya and in the People's Republic of China. PNHB operates principally in Malaysia. On March 10, 2011, PNHB formed a 99.99% owned Indian subsidiary Company, Puncak Niaga Infrastructures & Projects Private Limited (PNIP Pte Ltd). On April 19, 2011, PNHB acquired a 55% stake in Reputable Collection Sdn Bhd (RCSB) resulting in RCSB becoming a 55% owned subsidiary of the Company. RCSB had acquired a 62.5% stake in Jalinan Handal Sdn Bhd (JHSB) resulting in JHSB becoming a sub-subsidiary of the Company on April 19, 2011. Its subsidiaries include Puncak Niaga (India) Sdn Bhd and Puncak Research Centre Sdn Bhd. On September 28, 2011, the Company acquired Global Offshore Malaysia Sdn Bhd And KGL Ltd.

  9 people like this.
 
denver kahhoeng, seems like u have been doing it much better than me =)
19/08/2014 00:16
kahhoeng Denver, thanks. Compared to hng33, guess I have a lot to learn...
19/08/2014 08:47
denver kahhoeng, he's the gold standard benchmark ;) been following his comments for years, appreciating it.
19/08/2014 12:24
hng33 Selangor Political Crisis In Selangor Will Not Affect Water Agreement - Ongkili

PORT KLANG, Aug 19 (Bernama) -- The Selangor leadership crisis will not adversely affect the water agreement signed between the state government and federal government.

Energy, Green Technology and Water Minister, Datuk Seri Dr Maximus Ongkili said this was because the agreement made was a comprehensive one and which considered the interests of the people, state government and water supply concessionaires.

"All negotiations and discussions were conducted in an open manner and the priority of the agreement is to ensure continuous water supply in Selangor, Kuala Lumpur and Putrajaya."

Ongkili said this in Pulau Ketam, near here, at a news conference after officiating at the project to replace the undersea water pipe to Pulau Ketam.

Also present were the ministry's secretary-general Datuk Lee Took Gee and Water Supply Department director-general Ir. Noor Azahari Zainal Abidin.

On the risk of the water agreement being cancelled, Ongkili said it was impossible to be cancelled as it was an official agreement between the Selangor government and federal government.

"Besides that, it is very difficult not to uphold the agreement as it will greatly benefit the people," he said.

The water agreement was signed by Ongkili and Selangor Menteri Besar Tan Sri Abdul Khalid Ibrahim while the tussle for the menteri besar post was going on in Pakatan Rakyat.

Meanwhile, the water pipe replacement project worth RM38 million will involve the installation of a new pipe for a distance of 5.6 kilometres, partly across the Klang Straits.

The project, expected to be completed by the year-end, is to overcome the problem of frequent water supply disruption in Pulau Ketam which has an estimated 1,200 account holders.

The problem is due to pipe bursts caused by shipping activities and work to deepen the Klang Straits carried out by the port authority.

-- BERNAMA
20/08/2014 09:41
Icon8888 I think the acquisition will be undertaken by the federal government. So there is no risk that the state government (under new leadership) will drag its feet when come to payment
20/08/2014 12:39
kahhoeng Hng33, thanks
20/08/2014 13:25
hng33 Exco PAS: Nak minta seringgit pun susah

Exco Selangor dari PAS mendedahkan pentadbiran Tan Sri Khalid Ibrahim sepanjang enam tahun ini hanya dibelenggu satu masalah, iaitu susah memberi wang untuk program negeri.

Bagaimanapun Dr Halimah Ali menjelaskan itu menunjukkan Khalid seorang yang amat berhati-hati dalam membuat keputusan agar dapat memberi manfaat kepada rakyat.

"Saya hanya ada satu masalah besar dengan beliau. Nak minta duit susah," kata beliau sambil ketawa kecil ketika ditanya wartawan di pejabatnya hari ini.

Halimah menjelaskan seorang Exco perlu membentangkan pelan terperinci kepada Khalid dan memberikan hujah agar wang negeri yang diperuntukkan dapat membantu rakyat.

"Kalau tak ada hujah baik nak minta seringgit pun susah.

"Jika anda ada plan yang boleh berjalan dan baik kepada rakyat, perlulah berhujah (dengan beliau)," kata beliau.
20/08/2014 14:46
hng33 PAS exco defends Khalid, but says money hard to come by from renegade MB

SHAH ALAM, Aug 20— A PAS state executive councillor today came out in defence of Tan Sri Khalid Ibrahim, calling him a responsible and competent mentri besar who always prioritised the interests of Selangor residents.

Dr Halimah Ali, who has served under Khalid as an exco for six years also said that the current crisis surrounding his position as MB as strictly a “political one” and had nothing to do with his ability to lead the state administration.

“Only one big problem with him. Nak minta duit susah (difficult to ask for fund allocation.)

“You have to have a workable plan and present your points. Only then he (Khalid) will approve,” she told reporters at a news conference here.

But Halimah stressed that this was a good quality, and that his decisions was done “for the people.”

When asked whether she agreed with Pakatan Rakyat’s collective move to replace him with Datuk Seri Dr Wan Azizah Wan Ismail, she said the issue between Khalid and PKR.

“He is approachable. From my experience, he does not make rash decisions especially involving big money.

“(But) whether he communicates with those who posed those questions, that is another thing,” she added, referring to PKR’s complaints that MB Khalid was uncooperative.

“We don’t want to be in this situation, PAS excos. We have to maintain, to ensure government servants not chaotic.

“We have to show the picture that the government is still running,” she said.
20/08/2014 14:47
hng33 Kajang’s Dangerous Move

The Kajang Move planned and orchestrated by Rafizi Ramli was a dangerous move, and I see the current attempts to put Wan Azizah to replace Khalid Ibrahim and a free hand to Selangor’s RM3 billion in Menteri Besar Incorporated as an extension to the original Kajang Move. You see and decide for yourselves and I hope the authorities would investigate:

http://seademon.wordpress.com/2014/08/20/kajangs-dangerous-move/
20/08/2014 15:15
hng33 MB's aide files report on 'Kajang move' document

Menteri Besar Abdul Khalid Ibrahim's special officer has filed a police report on a document purportedly which is purportedly the executive summary of the "Kajang Move".
20/08/2014 17:32


 

185  707  338  419 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 GLOTEC 0.12+0.015 
 SUMATEC 0.44-0.17 
 HUBLINE 0.05+0.005 
 PDZ 0.295-0.08 
 MARCO 0.21-0.025 
 NEXGRAM 0.14+0.005 
 HUBLINE-WA 0.020.00 
 AMEDIA 0.095+0.005 
 COMPUGT 0.055-0.005 
 TIGER 0.15+0.01 
Partners & Brokers