Posted by speakup > 13 hours ago | Report Abuse

Skarang Bursa SC slumber, buat tak tau

Posted by Siang9282 > 13 hours ago | Report Abuse

Gogogo

Posted by PennyStock123 > 13 hours ago | Report Abuse

Goreng....Goreng....Goreng

Posted by speakup > 13 hours ago | Report Abuse

Better get out before Beheading mula

Posted by speakup > 13 hours ago | Report Abuse

Due to 10:1 consolidation, this mmag is actually rm3.20 now! Don't be fooled

Posted by Realrich > 12 hours ago | Report Abuse

Before news come out already up 30% after new come out up 50%. But the news fake or true we don't know. The QR every quarter losses. The news is just a news without bring in any income

Posted by Chinoise > 12 hours ago | Report Abuse

Holder relax je enjoy the profit. While these birds chirping “scam”, spamming the comments 😆

Posted by Realrich > 12 hours ago | Report Abuse

Up 80% lol SC not query?

Posted by PennyStock123 > 12 hours ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/05/13/mmag-unit-to-support-supreme-global039s-sri-lankan-airlines-cargo-ops

Posted by PepGuardiola > 12 hours ago | Report Abuse

No wonder, ride to 50c?

Posted by Zachzach > 11 hours ago | Report Abuse

So tomorrow LU again?

Posted by PepGuardiola > 11 hours ago | Report Abuse

Congrats, tomorrow continue. The more you fear, the more it fly. Warren Buffet also same thing

Posted by Zachzach > 10 hours ago | Report Abuse

So no UMA for mmag?

Posted by Realrich > 10 hours ago | Report Abuse

Buy NTA 0.07 with a fake news operator is left sale to right. Push up the price and sale to you. See the QR every quarter is losses. Company no asset only goreng. NTA 0.07

Posted by kangcs > 10 hours ago | Report Abuse

BAHAYA la

Posted by Apple2353 > 10 hours ago | Report Abuse

banyak counter NTA sen sen saja tapi goreng sampai langit. high risk high return. tapi i no buy

Posted by Realrich > 9 hours ago | Report Abuse

Apple low NTA should support with good qr result. I give you a example MRDIY low NTA but high qr profit. But mmag is low NTA with every quarter losses. So if buy is buy a kosong company

Posted by Zachzach > 7 hours ago | Report Abuse

https://www.businesstoday.com.my/2024/05/13/mmag-inks-potential-deal-to-provide-cargo-solutions-for-air-sri-lanka/

Posted by Zachzach > 7 hours ago | Report Abuse

Lets fly tomorrow

Posted by future > 6 hours ago | Report Abuse

https://theedgemalaysia.com/node/701617

Posted by future > 6 hours ago | Report Abuse

Same players here. To watch this

Posted by Pandu1 > 2 hours ago | Report Abuse

REPLY TO THE QUERY FROM BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) MMAG HOLDINGS BERHAD (“MMAG” OR THE “COMPANY”) AND ITS SUBSIDIARIES (“MMAG GROUP” OR THE “GROUP”) - AIRCRAFT CHARTER AGREEMENT WITH TELEPORT EVERYWHERE PTE LTD We refer to the Company’s announcement made on 3 May 2024 (“Announcement”) and the query from Bursa Securities dated 6 May 2024 ("Query") in relation to the aircraft charter agreement with Teleport. Unless otherwise stated, defined terms used in this reply shall carry the same meanings as defined in the Announcement. The Company wishes to provide the following additional information pursuant to the Query. 1. 2. 3. 4. The value of the charter freight services to be provided under the Agreement or the basis thereof. Reply The value of the charter freight services to be provided under the Agreement is based on the actual flights flown and schedules completed in accordance with the agreed flight programme as well as the seasonal air cargo demand, which may vary from time to time during the duration and validity of the Agreement as set out in reply to item 3 below. The risks arising from the Agreement. Reply As disclosed in Section 4 of the Announcement, apart from the normal business and operational risks, there are no major risks in relation to the Agreement. Risk factors affecting the Agreement include but are not limited to changes in conditions of competition, economic, business, political and legal framework environment. In addition, the aircraft and associated equipment operated by the Group are subject to normal wear and tear and require periodic downtime for repairs and maintenance, which, if prolonged or frequent, could impact operations and financial performance. The Group also relies on third-party infrastructure and systems, and any inability to use its assets may adversely affect business performance. However, the Group will undertake the necessary efforts to mitigate the various business and operational risks identified. Duration of the charter freight services under the Agreement and the expiry date. Reply Pursuant to the Agreement, MJets Air as the Carrier shall provide an aircraft on charter for the Charterer in accordance to the agreed flight programme from time to time, commencing from 9 May 2024 to 2 November 2024. Whether the Agreement is renewable. If so, for how many years. Reply There is no renewal clause as stated in the Agreement but the Parties shall have the option to discuss and negotiate the renewal terms as deemed necessary.
5. The effects of the Agreement on the net assets per share and gearing of the group. Reply In addition to the positive effects of the Agreement to the overall future earnings and earnings per share of MMAG Group as disclosed in Section 3 of the Announcement, the Agreement is not expected to have any immediate material impact on the net assets per share and gearing of MMAG Group. The Board envisages that the Agreement is expected to contribute positively to the overall future net assets per share of MMAG Group for the financial year ending 31 March 2025. This Announcement is dated 7 May 2024.

Posted by Pandu1 > 2 hours ago | Report Abuse

The full-fledged integrated supply chain management company today said in a Bursa Malaysia filing that its wholly owned subsidiary, MMAG Aviation Consortium Sdn Bhd (MAC), had on Saturday entered into a strategic collaboration and support services agreement with Supreme Global Holdings (Private) Ltd, a prominent Sri Lankan conglomerate with diversified interests spanning finance, infrastructure, logistics and aviation.


The plan is to establish a partnership in Sri Lanka’s aviation sector.

MMAG said Supreme Global is buying Sri Lanka’s national Sri Lankan Airlines, along with its consortium partner. It has identified MAC as the best candidate to partner and guide, following the group’s recent contracts secured from major carriers like MasKargo and Teleport by AirAsia, establishing the group as a key feeder and cargo handling operator.

"MAC agrees to support the said acquisition by providing the requisite guidance, and specialised services, focusing on establishing and managing a regional cargo feeder network, subject to the terms and conditions of the agreement,” the filing said.

MAC will provide freighter aircraft and operational support to establish a cargo feeder network for Sri Lankan Airlines post-acquisition.

It will also support Supreme Global and its partner in restructuring efforts post-acquisition and assist in launching a cargo network leveraging the geographical position of Sri Lanka to enhance its capacity as a strategic hub.

"The board believes the agreement will enable MMAG Group to enhance its global footprint in the aviation and logistics industry, strengthening the positions of MMAG and Supreme Global and advancing Sri Lanka’s air cargo landscape, should the acquisition plan materialise,” it said. — Bernama

Posted by Pandu1 > 2 hours ago | Report Abuse

Too many news. Which 1 is which? 🤔🤔🤔🤔🤔🤔

Posted by Pandu1 > 2 hours ago | Report Abuse

AirAsia Consulting, not AirAsia, bidding for SriLankan Airlines: Tony Fernandes
By BILQIS BAHARI
April 24, 2024 @ 5:17pm
New Straits Times.

Posted by Pandu1 > 2 hours ago | Report Abuse

If the price is going up dont chase the stock.

Posted by Pandu1 > 2 hours ago | Report Abuse

From 10sen in Feb to 37sen is just too much. Tayor.

Posted by Pandu1 > 2 hours ago | Report Abuse

Last but not least what is Sri Lankan Airlines?

Posted by MAN10143 > 2 hours ago | Report Abuse

Limit up is on the way

Posted by MAN10143 > 2 hours ago | Report Abuse

MMAG will be like Sendai. Up up no down