IREKA CORPORATION BHD

KLSE (MYR): IREKA (8834)

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Last Price

0.30

Today's Change

-0.005 (1.64%)

Day's Change

0.295 - 0.30

Trading Volume

63,900


4 people like this.

440 comment(s). Last comment by prudentinvestor 2024-03-02 15:07

Posted by Yang Addison > 2016-12-08 19:45 | Report Abuse

Who bought 0.65?

firehawk

4,777 posts

Posted by firehawk > 2016-12-20 10:56 | Report Abuse

still don want to announce ... they want shholders experience a miserable X'mas?

firehawk

4,777 posts

Posted by firehawk > 2016-12-28 09:39 | Report Abuse

after putting shholders in miserable X,mas ... would they reward them a better CNY?

or they want them miserable again?

Posted by GimEng Hong > 2017-01-09 01:07 | Report Abuse

Celaka company when what to announce some dividend for cny angpow? If dont want announce better privacy it.

firehawk

4,777 posts

Posted by firehawk > 2017-01-12 16:26 | Report Abuse

some minorities can't wait and sell their holding in tears ....

firehawk

4,777 posts

Posted by firehawk > 2017-01-23 16:30 | Report Abuse

he sold in tears again ... margin ratio too tight!

firehawk

4,777 posts

Posted by firehawk > 2017-01-25 17:32 | Report Abuse

is quite sure ... the brothers and sisters let small holders eat themselves for CNY :-(

firehawk

4,777 posts

Posted by firehawk > 2017-02-03 10:16 | Report Abuse

he sold again in tears ... while the brots and sis are laughing .... :(

firehawk

4,777 posts

Posted by firehawk > 2017-04-03 18:49 | Report Abuse

every time he sold, he bot back 1 lot at higher price to maintain the closing price ....

firehawk

4,777 posts

Posted by firehawk > 2017-04-17 14:51 | Report Abuse

from the observation of this forum ... retailers have no sound alrdy :-(

JbHotSpot

193 posts

Posted by JbHotSpot > 2017-05-17 16:43 | Report Abuse

This quarter result good or not? Mr Lai, any good news want to announce?

firehawk

4,777 posts

Posted by firehawk > 2017-05-26 10:23 | Report Abuse

he sold again in tears and bot back 1 lot at higher price again ... doesn't he know around 6 sen div. will be declared in 2 mths time?

Invest123

1,597 posts

Posted by Invest123 > 2017-06-02 11:31 | Report Abuse

From the prospect part of the latest qtr report, it seems that Ireka is improving.

firehawk

4,777 posts

Posted by firehawk > 2017-06-13 11:14 | Report Abuse

after prolong waiting and going to announce chicken feed ... still the bro & sis want to manipulate the market price ..... :-(

firehawk

4,777 posts

Posted by firehawk > 2017-07-20 10:02 | Report Abuse

even chicken feed they also want to play them enough before giving .....

firehawk

4,777 posts

Posted by firehawk > 2017-08-04 16:55 | Report Abuse

they delay and delay and delay ha .... WB holders mati loh!
shar price cannot rise above 1.00, while maturity approaching .... become toilet paper .....

firehawk

4,777 posts

Posted by firehawk > 2017-08-08 15:54 | Report Abuse

he sold in tears again ... and bot 1 lot at higher price :-(

firehawk

4,777 posts

Posted by firehawk > 2017-09-06 10:06 | Report Abuse

although AGM already passed one week ago, still delay ... to let them enjoy suffering as long as possible ....

firehawk

4,777 posts

Posted by firehawk > 2017-09-11 20:09 | Report Abuse

after AGM, there is no other approval needed, (some co. even announce immediately, the same date publish the AGM outcome!) .... but they still don want to announce, what game they are playing is very obvious!!

firehawk

4,777 posts

Posted by firehawk > 2017-09-20 15:49 | Report Abuse

Some of u pls sell yr holding ... otherwise he won't announce ....

firehawk

4,777 posts

Posted by firehawk > 2017-09-27 21:49 | Report Abuse

you all still don want to sell yr holding? u see what happen now! day by day, wk by wk ... now, going become month alrdy! at least hv to sell part of it lah .....

firehawk

4,777 posts

Posted by firehawk > 2017-10-02 15:41 | Report Abuse

finally got ppl selling loh ... hopr he is satisfied and announce .....

Albukhary

2,824 posts

Posted by Albukhary > 2017-10-11 08:47 | Report Abuse

KUALA LUMPUR: Ireka Corporation Bhd’s (ICB) wholly-owned subsidiary, Ireka Engineering & Construction Sdn Bhd, has accepted a letter of award from Pantai Medical Centre Sdn Bhd worth RM60.74 million to complete unfinished refurbishment works at its facility in Jalan Bukit Pantai here.

In a filing to Bursa Malaysia, Ireka Corporation said the contract was expected to contribute positively to the group’s earnings for the financial years ending March 31, 2018 and March 31, 2019.

"The company does not foresee any exceptional risk other than normal operational risk associated with the contract,” it said.

Barring unforeseen circumstances, Ireka Corporation said the acceptance of the contract was in the best interest of the group. - Bernama

firehawk

4,777 posts

Posted by firehawk > 2017-10-12 10:32 | Report Abuse

very rational manipulator ... when got good news, he manipulate a few sens up ...
yesterday, i also sold some to him lah .... let him happy a bit lah .... 3 yrs ago cannot get @0.80, now can get @0.615! he should be happy and announcement the div .....

林歲寒

22 posts

Posted by 林歲寒 > 2017-10-24 10:09 | Report Abuse

2仙股息,11月2號除權,11月23號過賬。

firehawk

4,777 posts

Posted by firehawk > 2017-11-23 10:36 | Report Abuse

how about those from ASEANA? how long they want to play before announce?

slee

587 posts

Posted by slee > 2017-11-29 18:07 | Report Abuse

Good QR...

firehawk

4,777 posts

Posted by firehawk > 2017-12-05 09:17 | Report Abuse

Power of CRRC Urban Traffic (Europe) Co Ltd :-)

mdfadly

289 posts

Posted by mdfadly > 2017-12-05 09:26 | Report Abuse

Can explain futher crrc?

firehawk

4,777 posts

Posted by firehawk > 2017-12-05 09:28 | Report Abuse

KUALA LUMPUR, 4 December 2017 – Ireka Corporation Berhad (“Ireka”) today
announced that it had signed a Share Subscription Agreement and a Memorandum of
Understanding (“MOU”) with CRRC Urban Traffic (Europe) Co Ltd (CRRC UT), a member
of the China based CRRC Group to invest in Ireka and to establish a joint venture
relationship between them. CRRC Group is the world’s largest manufacturer of rolling
stock and rail related products and systems.

firehawk

4,777 posts

Posted by firehawk > 2017-12-06 17:20 | Report Abuse

should announce the div from ASEANA now! so can further boost the trend .....

slee

587 posts

Posted by slee > 2017-12-07 09:17 | Report Abuse

Will boost for warrant conversion. Else no people want convert.

Posted by investor001 > 2017-12-10 02:00 | Report Abuse

CRRC INVESTS IN IREKA

KUALA LUMPUR, 4 December 2017 – Ireka Corporation Berhad (“Ireka”) today announced that it had signed a Share Subscription Agreement and a Memorandum of Understanding (“MOU”) with CRRC Urban Traffic (Europe) Co Ltd (CRRC UT), a member of the China based CRRC Group to invest in Ireka and to establish a joint venture relationship between them. CRRC Group is the world’s largest manufacturer of rolling stock and rail related products and systems.

CRRC UT has taken up a strategic stake in Ireka and will emerge as a substantial shareholder, holding approximately an 8.48% equity interest in the Company upon completion of its share subscription. Together with the share subscription, Ireka and CRRC UT simultaneously signed an MOU to explore business opportunities in four key areas:

- Urban traffic solutions, tourism and infrastructure projects across Malaysia and South East Asia;

- Logistics, with the objective of supporting Chinese companies operating in Malaysia and South East Asia;

- Trading of construction and building materials to support Chinese companies operating in Malaysia and South East Asia; and

- Rail and infrastructure construction projects arising from China’s One Belt One Road initiative in Malaysia.

The Share Subscription Agreement and MOU are important milestone
s for a long-term strategic collaboration between Ireka and the CRRC Group. It provides a platform for both parties to leverage on each other's technical knowledge, expertise and experience for expansion and growth in these four areas. Ireka’s Board is confident that the investment from this joint venture will provide the ideal opportunity to diversify into a number of exciting new areas, in particular, urban traffic solutions and rail infrastructure related projects.

The partnership with CRRC UT will see Ireka venturing into a new business direction that is in line with Malaysia’s Economic Transformation Programme, to upgrade the country’s public transportation and infrastructure system with the aim to increase modal share of public transport to 40% by 2030. Ireka envisages this partnership with CRRC UT to provide urban traffic solutions to develop efficient integrated public transport systems will contribute positively to this goal.

A giant for the railway transportation industry in the world, the CRRC Group already has a presence in Malaysia and is an active player in the country’s rail industry through its supply of contracts for the LRT System, Express Rail Link and KTM Komuter. Ireka is ideally positioned to take on this new challenge because it has a fifty year track record in building a number of major national infrastructure projects. Ireka played a significant part in the construction of notable projects like the North-South Highways, KLIA International Airport, Cheras-Kajang Highway and the most recent MRT1 Package V7.

Commenting on the partnership, Ireka’s Group Managing Director, Datuk Lai Voon Hon said, “We are particularly pleased to welcome CRRC UT as our new strategic shareholder in the Company. The stake that CRRC UT has invested in Ireka and the upcoming joint venture is another great step forward for our Company’s growth. I am also proud that CRRC UT has selected Ireka as a trusted partner to grow their presence in Malaysia and South East Asia; and we are delighted to have a financially strong partner in the world’s largest manufacturer of rail rolling stock and urban transportation products. There is no doubt that CRRC’s technical know-how and our wide business network accumulated over the last 50 years will complement each other well. We will now begin working earnestly on our partnership plans to explore exciting business opportunities.”

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5626349

Posted by investor001 > 2017-12-10 02:17 | Report Abuse

Good timing for Ireka to collaborate with CRRC to explore business opportunities in South East Asia considering the huge market of South East Asia for construction companies:

http://www.enanyang.my/news/20171207/1-3%e5%85%86%e6%8a%95%e8%b5%84%e4%b8%9c%e7%9b%9f%e5%9f%ba%e5%bb%ba-%e5%bb%ba%e7%ad%91%e8%82%a1%e6%98%8e%e5%b9%b4%e8%b6%85%e8%b6%8a%e5%a4%a7%e5%b8%82/

林歲寒

22 posts

Posted by 林歲寒 > 2017-12-12 10:47 | Report Abuse

毅成機構(IREKA,8834,主要板建築)自從在2014年初少數股東拒絕大股東賴氏家族每股90仙提出私有化建議后,股價就從大幅度下跌。這主要是該公司在2014年中以每股65仙進行了附加股計劃。

毅成機構的股價之后除了在2015年中短暫挑戰80仙以上水平后,大部分時間在50仙到70仙之間波動。

毅成機構在上周宣佈和中國中車集團結盟,促使股價終于從歷史低價顯著反彈。中國中車集團是全球規模最大、品種最全、技術領先的軌道交通裝備供應商。該集團也是財富全球500強企業。

中國中車集團是通過旗下子公司中車城市交通(歐洲)有限公司通過私下配售,成為持有公司擴大股權后8.5%的大股東。值得一提的是,中國中車集團這次是以57.95仙這個接近歷史低位的價格入股。

大股東賴氏家族肯以如此低價邀請中國中車集團入股,並給予后者董事局代表顯示這項結盟將為毅成機構帶來巨大的增值潛能。中國中車集團這次入股毅成機構並和后者組織聯營公司,是要在本區域交通基建項目分一杯羹。

毅成機構的公司憑單極度價外和街貨少而一直缺乏購興。還有一年半左右就到期的毅成機構-WB目前的溢價超過70%。該憑單目前的估價雖高,但母股在未來一年的上升潛力不容忽視。

有了中車集團這樣的大股東在背后撐腰,毅成機構有望參與我國基建建築項目如東海岸鐵路以及隆新高鐵。該公司憑單也就有望成為馬股未來一年的黑馬。(文章來源**中國報)

firehawk

4,777 posts

Posted by firehawk > 2018-01-04 10:49 | Report Abuse

where is the div. from ASEANA? still dun want to give! :-(

Posted by Chin Fung Wei > 2018-01-10 11:47 | Report Abuse

Wow

林歲寒

22 posts

Posted by 林歲寒 > 2018-01-10 11:51 | Report Abuse

風起了?

dompeilee

11,888 posts

Posted by dompeilee > 2018-01-10 17:04 | Report Abuse

After so many months of being trapped in this @ 65c, I can finally sell it off tomorrow!!! :D

Posted by Yap Wai Loon > 2018-01-10 19:39 | Report Abuse

Why suddenly shoot up so much ?? Any news ??

Posted by Yap Wai Loon > 2018-01-10 19:39 | Report Abuse

N so much volume today

Posted by Beginner95 > 2018-01-10 22:52 | Report Abuse

big shark

firehawk

4,777 posts

Posted by firehawk > 2018-01-10 23:05 | Report Abuse

should announce the div from ASEANA now! so can further boost the trend .....

rikki

2,024 posts

Posted by rikki > 2018-01-11 08:30 | Report Abuse

Ireka China Connection A Tremendous Booster !!!
https://klse.i3investor.com/blogs/bursakakis/143883.jsp

firehawk

4,777 posts

Posted by firehawk > 2018-01-23 20:10 | Report Abuse

Ireka Corporation Berhad (“Ireka” or “the Company”) wishes to announce that Bursa Malaysia Securities Berhad has approved its request for suspension of trading in the securities of the Company until 5.00 p.m. on 24 January 2018.

The request for suspension is in view of the pending release of a material announcement.

This announcement is dated 23 January 2018.

apolloang

18,163 posts

Posted by apolloang > 2018-01-23 21:01 | Report Abuse

takeover at 80cts???

powerak

161 posts

Posted by powerak > 2018-01-23 22:17 | Report Abuse

Got any new?

noobbie

1,122 posts

Posted by noobbie > 2018-01-24 11:27 | Report Abuse

MOU signed today

Posted by investor001 > 2018-01-24 20:17 | Report Abuse

CRRC UT, STO EXPRESS AND IREKA ESTABLISH FORMAL WORKING RELATIONSHIP FOR FUTURE DEVELOPMENTS

KUALA LUMPUR, 24 January 2018 – Ireka Corporation Berhad (“Ireka”), CRRC Urban Traffic Co Ltd (CRRC UT) and STO Express Co Ltd (STO) today signed a Memorandum of Understanding (“MOU”) to establish collaborative working between them.

CRRC UT is a member of the China based CRRC Group and is the world’s largest manufacturer of rolling stock, rail and transportation related products and systems. On December 4, 2017, CRRC UT also took up a strategic stake in Ireka, emerging as a substantial shareholder, holding approximately an 8.48% equity interest in the Company. At the same time a complementary MOU was signed with Ireka to exclusively
pursue, among others, urban transportation and logistics business areas.

STO is China’s largest integrated logistics services company, focusing on express delivery of courier items.

The MOU signed today between Ireka, CRRC UT and STO establishes a formal and exclusive working relationship to cover the Logistics business area focusing on:

- Investment and development of logistics warehouses, distribution centres and other ancillary real estate facilities to support STO’s business expansion in Malaysia and South East Asia; and

- Investment and supply of infrastructure and equipment including logistics, commercial and special purpose vehicles to support STO’s business expansion in Malaysia and South East Asia.

STO has vast experience of supporting the exponential growth of e-commerce business in China over the last decade. STO’s expansion to the fast-growing South East Asia region is part of its continual growth plans in international markets. In March 2017, Malaysia launched its Digital Free Trade Zone (DFTZ), (the world’s first outside of China) where it will support internet companies to trade goods, provide services and cocreate solutions. It is also anticipated to create 60,000 jobs in the country by 2025. Ireka and CRRC UT will be STO’s exclusive partner in developing a strong support infrastructure for STO’s operations, both in terms of real estate, as well as in logistics and transport vehicles

For CRRC, a giant in the world’s railway transportation industry, they already have a presence in Malaysia and is an active player in the country’s rail industry through its supply of contracts for the LRT System, Express Rail Link and KTM Komuter. In its collaboration with Ireka, CRRC UT will be bringing the best of China’s green urban
transportation technology to Malaysia to improve the latter’s urban traffic. This includes super-capacitor powered electric buses and the Autonomous-Rail Rapid Transit (ART) vehicles. The ART is a first of its kind people-mover that integrates the best of a conventional tram technology with that of a leading edge rail-less and autonomous
driving technologies (see pictures). ART, already in operation in Zhuzhou, Hunan Province, China, and soon in other parts of China will also hopefully be on the roads of Malaysia in the near future. The partnership with CRRC UT will see Ireka venturing into a new business direction of urban transportation which is in line with Malaysia’s
Economic Transformation Programme, to upgrade the country’s public transportation and infrastructure system.

The partnership of Ireka, CRRC UT and STO will create a strong strategic alliance that provides an important platform for this tri-partite relationship to leverage on each other's technical knowledge, expertise and experience for expansion and growth in Malaysia and South East Asia.

Commenting on the partnership, Ireka’s Group Managing Director, Datuk Lai Voon Hon said, “Ireka has a good track record of delivering what we have agreed to do and also in diversifying our operations. Over the last 50 years, we have successfully diversified and expanded from being in construction, to property development to real estate and to
information technology. We are excited about diversifying into urban traffic solutions and rail infrastructure related projects; as well as into the world of logistics. I know that Ireka is ideally positioned to take on this new challenge because of our long track record and I
am delighted that both CRRC and STO have selected us as a trusted partner to grow their presence in Malaysia and South East Asia.”

THE END

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5673841

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