Highlights
KLSE: SALCON (8567)       SALCON BHD MAIN : Trading&Services
Last Price Today's Change   Day's Range   Trading Volume
0.425   +0.005 (1.19%)  0.415 - 0.425  1,015,900
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General Meeting

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Ann. Date Date Time Type Venue View
01-Mar-2013 19-Mar-2013 10:30 EGM Classics Ballroom 2 Level 3, Holiday Villa Hotel & Suites Subang 9 Jalan SS12/1 47500 Subang Jaya Selangor Darul Ehsan Meeting Detail
28-May-2013 20-Jun-2013 10:30 AGM Selangor Ballroom 2, Dorsett Grand Subang, Jalan SS12/1, 47500 Subang Jaya, Selangor Darul Ehsan Meeting Detail
11-Nov-2013 27-Nov-2013 09:30 EGM Victorian Ballroom, Level 1, Holiday Villa Subang, 9 Jalan SS12/1, 47500 Subang Jaya, Selangor Darul Ehsan Meeting Detail
03-Jun-2014 26-Jun-2014 10:30 AGM Classics Ballroom 2, Level 3, Holiday Villa Hotel & Suites Subang, 9 Jalan SS12/1, 47500 Subang Jaya, Selangor Darul Ehsan. Meeting Detail
28-May-2015 25-Jun-2015 10:30 AGM Please refer to the attached Notice of Twelfth Annual General Meeting. Meeting Detail
28-Apr-2016 26-May-2016 10:30 AGM Victorian Ballroom, Level 1, Holiday Villa Hotel & Suites Subang, 9 Jalan SS12/1, 47500 Subang Jaya, Selangor Darul Ehsan Meeting Detail
27-Apr-2017 14-Jun-2017 10:30 AGM Victorian Ballroom, Level 1, Holiday Villa Hotel & Conference Centre, 9 Jalan SS12/1, 47500 Subang Jaya, Selangor Darul Ehsan Meeting Detail
11-Aug-2017 29-Aug-2017 11:00 EGM Classics Ballroom, Level 3, Holiday Villa Hotel & Conference Centre Subang, 9 Jalan SS12/1, 47500 Subang Jaya, Selangor Darul Ehsan Meeting Detail
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  6 people like this.
 
stteck keyin, that's the norm and happened many times in the previous publication by CIMB
05/09/2017 19:54
husky88 Cimb and pb research is good
05/09/2017 20:01
stteck the trading is so odd today, looks like there is a storm coming, hopefully is a good ones,
06/09/2017 11:39
keyin Bad news....
http://www.sinchew.com.my/node/1679458
06/09/2017 14:44
stteck haha..last straw on the camel's back....broke new low record.
06/09/2017 16:27
keyin Why the running cancel? Any internal bad news.?
06/09/2017 16:43
tham hoe yean 0.30 is possible.
06/09/2017 18:42
husky88 Right issue soon
06/09/2017 19:20
MARC11 time to get in
06/09/2017 20:43
husky88 为什么那么突然起消一带一路马拉松, 没人参加吗?
06/09/2017 21:08
novice77 i bought this two years ago at 0.84. Now it is only peanuts left. Go to hell, Salcon.
07/09/2017 10:24
steven69 Now possible don't buy in.... Wait and look
07/09/2017 15:07
chrystine520 I bought this at 0.52 >.< >.<
07/09/2017 17:50
Max Kong sold all....... lost confidence for the deal with Ecoworld in Australia, better put money on the company that always make profit and have a reputable management team, despite continuing drop until 10 cents also won't follow.
07/09/2017 21:21
Ah Kow, Ali dan Muthu Why sold? it's just at the bottom now.
Up up on the way..
09/09/2017 15:29
Stock Kingdom Ali, Ah Kow & Muthu...... :)
09/09/2017 15:34
husky88 Ah kow, ah tu, kps, taliworks, jaks, triplc all running,except salcon. Why?
13/09/2017 19:56
king36 This counter has always been ICBC....

How to inject life into it????
13/09/2017 20:03
husky88 Icbc, better c lol
13/09/2017 20:41
tkchin1966 lailiao
14/09/2017 10:32
Ah Kow, Ali dan Muthu It's already come up more than 10% in 1 week. Cheers.
14/09/2017 11:12
keyin I guess is splash effect
14/09/2017 11:29
Redz Rebound!
14/09/2017 11:57
keyin Move too slow, see kps.
14/09/2017 12:05
husky88 Not so strong, may drop
14/09/2017 20:01
husky88 Where my friend stteck? So silent?
17/09/2017 12:35
stteck Nowadays busy with project
17/09/2017 20:25
husky88 Got movement
18/09/2017 14:56
stteck Congratulations Salcon. new contract secured.
18/09/2017 17:33
stteck Husky are u referring to this news
http://www.theedgemarkets.com/article/no-word-selangor-splash
18/09/2017 17:41
husky88 Good news. Profitable year on the way
18/09/2017 17:43
husky88 Stteck , no. Latest update wait for news
18/09/2017 17:44
Redz http://www.bursamalaysia.com/market/listed-companies/company-announcements/5546809
18/09/2017 18:27
Redz Salcon get a new contract !
18/09/2017 18:28
tham hoe yean Contract Sum only RM13,270,708.00, if 10% profit that means only 1,320,000. A million really a small drop of water.
19/09/2017 11:43
husky88 Sell down again.
25/09/2017 16:56
novice88 Disappointed...
25/09/2017 17:52
Redz I take some profit run ady,sad
25/09/2017 18:25
stteck read this week's Focus M - page 8 for news on water deadlock in Selangor
27/09/2017 10:03
stteck and page 18-19 talking news on future water prospect, although is for Puncak Niaga and Engtex, could Salcon benefit from the Kelantan project and nationwide piping projects?
27/09/2017 10:11
keyin Stteck, can share the link?
27/09/2017 10:38
stteck I bought the paper this morning. I am not sure whether it is free online? can try search Focus Malaysia
27/09/2017 10:39
keyin There seems to be no end in sight to the water deadlock in Selangor.

Negotiations have been going on for more than eight years between the Selangor government, the federal government and Syarikat Pengeluar Air Selangor Sdn Bhd (Splash).

Several near-solutions have come and gone and deadlines have been extended, but a solution seems nowhere in sight.

The Oct 5 deadline is approaching and the Energy, Green Technology & Water Ministry has insisted that Selangor make an offer to Splash and agree on a price tag. The federal government (through Pengurusan Aset Air Bhd or PAAB), has offered to split the bill 60:40 with Selangor.

But can’t the federal government step up, make an offer, pay the amount, and claim the 40% from Selangor later?

Or if the Oct 5 deadline lapses, should the federal government finally invoke the Water Services Industry Act 2006 (Wasia) option of a forced takeover? The Act allows the federal government to take over a concessionaire’s licence if it is of national interest.

But the federal government seems reluctant to invoke Wasia as the acquisition of Splash by the state government has not been completed. Splash is currently valued at some RM2.8-3.2 bil, although the actual figure is debatable.

Splash’s shareholders are Gamuda Bhd (40%), Sweet Water SPV Sdn Bhd (30%) which is the private vehicle of Tan Sri Wan Azmi Wan Hamzah, and Selangor’s Kumpulan Perangsang Selangor Bhd’s Viable Chip Sdn Bhd (30%).

The state’s Menteri Besar Inc has a golden share in Splash, which makes money from the water concession.

The federal government cannot afford a total breakdown in negotiations. PAAB, which is tasked with managing the country’s water assets, has a RM6.1 bil debt (as of end-FY15) taken out to fund the purchase, and it will have to depend on the finance ministry to fulfil its repayment obligations if the deal does not happen. PAAB’s ability to continue as a going concern will, to an extent, depend on whether it gets the stake in Splash.

While all this is going on, Selangor residents are the ones who suffer from water shortage due to no fault of theirs. Both the federal and state governments should stop holding the 1.6 million Selangor residents hostage and resolve the deadlock as soon as possible.
27/09/2017 19:45
stteck splash deal extended again
04/10/2017 19:00
husky88 Extend another 2 weeks , right?
04/10/2017 20:52
stteck I don't think he outcome will be any difference from now
04/10/2017 21:18
tham hoe yean zzzzz...
13/10/2017 12:02
ansontan wait drop then collect
15/10/2017 12:34
husky88 Silent . Buy now
17/10/2017 22:50
ansontan too high le
18/10/2017 11:26


 

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