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22,788 comment(s). Last comment by Daily8 at Sep 20, 2018 01:17 AM
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Lim Tek Wai
2360 posts

Posted by Lim Tek Wai > Aug 3, 2018 11:08 AM | Report Abuse

become stronger, keep going !

1198 posts

Posted by sitia > Aug 3, 2018 02:25 PM | Report Abuse


509 posts

Posted by Datokim > Aug 3, 2018 04:42 PM | Report Abuse

monday will limit up !!!!!!!!!!!!!

2529 posts

Posted by kahhoeng > Aug 3, 2018 10:59 PM | Report Abuse

Think Puncak's rise has to do with the following news, with the assumption that Puncak might have a case in court over the pricing of Puncak when its sold... With SPLASH sold at 2.55 billion, there's a possibility that Puncak will win a court ruling in favour for further compensation.


On behalf of the Board of Directors of Gamuda, Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that the Board of Directors of Gamuda wishes to announce that the Company’s 40% associated company, Syarikat Pengeluar Air Selangor Holdings Berhad (“SPLASH Holdings”) had on 3 August 2018, received a Letter of Offer dated on the even date from Pengurusan Air Selangor Sdn Bhd (“Air Selangor”) in respect of Air Selangor’s proposed purchase of 100% equity in Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (“SPLASH”) (“Offer”). SPLASH is a wholly-owned subsidiary of SPLASH Holdings.

SPLASH Holdings is to revert with acceptance of the Offer by 5.00 pm (Malaysian time) on or before 10 August 2018 or such other extended or revised closing date(s) as may be decided by Air Selangor.

Air Selangor has been identified by the State Government of Selangor as the entity to take over the water supply and distribution services in the State of Selangor and the Federal Territories of Kuala Lumpur and Putrajaya, on a date to be determined (“Operational Date”).

The salient terms and conditions of the Offer are as follows:

(i) The acquisition of SPLASH by Air Selangor of:
•50,000,000 ordinary shares in SPLASH (“SPLASH Shares”), being 100% of the issued and paid up ordinary share capital of SPLASH; and
•350,000,000 Redeemable Unsecured Loan Stocks issued by SPLASH to SPLASH Holdings (“SPLASH RULS”), being 100% of SPLASH RULS,

for a combined total purchase consideration of RM2.55 billion.

2529 posts

Posted by kahhoeng > Aug 3, 2018 11:44 PM | Report Abuse

Well, the suit of 13.5 billion...


After several attempts to effect personal service since 31 October 2017, the solicitors of Puncak Niaga Holdings Berhad (“Puncak”) as the Plaintiff (“Plaintiff”) served the sealed Writ of Summons vide Shah Alam High Court Suit No. BA-21NCvC-72-10/2017 together with the Statement of Claim dated 27 October 2017 on:-

1. the solicitors of Tan Sri Dato’ Seri Abdul Khalid bin Ibrahim (“Tan Sri Khalid”), as the former Menteri Besar of Selangor on 2 November 2017;
2. Dato’ Seri Mohamed Azmin bin Ali (“Dato’ Seri Azmin”), as the present Menteri Besar of Selangor on 21 November 2017; and
3. The Selangor State Government (“Selangor State Government”) on 6 November 2017; collectively “the Defendants”.

The suit is initiated by Puncak against the Defendants including the Selangor State Government, who Puncak asserts is vicariously liable for the tortious acts of Tan Sri Khalid and Dato’ Seri Azmin in abusing their powers in public office/misfeasance by threatening to cause and/or requesting or attempting to cause the Federal Government to invoke use of the Water Services Industry Act 2006 (“WSIA”) to force a take-over of the State’s water industry.

Puncak claims damages, interest on damages and costs of:-

(a) the difference between the value of PNSB Water Sdn Bhd (formerly known as Puncak Niaga (M) Sdn Bhd) ("PNSB") and Syarikat Bekalan Air Selangor Sdn Bhd ("SYABAS") at the range of RM2,081,000,000.00 to RM2,353,000,000.00 and the actual purchase consideration of RM1,555,300,000.00 under the Share Purchase Agreement dated 11 November 2014 between Puncak and Pengurusan Air Selangor Sdn Bhd; and

(b) Loss of business opportunities (local and foreign) totalling RM13,496,009,000.00.

The matter is fixed for case management at the Shah Alam High Court on 28 November 2017.

This announcement is dated 21 November 2017.

3602 posts

Posted by upsidedown119 > Aug 4, 2018 12:43 AM | Report Abuse

This is a political suit. After the fall of UMNO, don't put too much hope in its success.

5 posts

Posted by SexyE > Aug 4, 2018 09:08 AM | Report Abuse


5 posts

Posted by SexyE > Aug 4, 2018 09:10 AM | Report Abuse

new water treatment plant capacities,

CIMB Research said if the Splash deal is successful, it would lead to dealing with non-revenue water (NRW) losses and new water treatment plant capacities, and a full-cost recovery model possibly through a scheduled water tariff increase.

5 posts

Posted by SexyE > Aug 4, 2018 09:16 AM | Report Abuse

Some of d water projects only Puncak Niaga has d expertise to handle according to tan sri


Jul 3, 2018 04:39 PM | Report Abuse

In d recent agm tan sri rozali reminiscent on how tun dr mahathir granting him d syabas concession previously where tun told him to take good care of d syabas concession for d whole of his life time. But now syabas concession no more.

Tan sri was confident of getting some of d water projects soon going forward.

2529 posts

Posted by kahhoeng > Aug 4, 2018 12:17 PM | Report Abuse

Rozali, based on past few quarter reports, if to show anything, would be to lose shareholders fund...

501 posts

Posted by Daily8 > Aug 5, 2018 06:52 PM | Report Abuse

PH is fair government and being transparent. For now, they will do the best if any party was neglected. PM will not close eyes on Puncak fate.

2466 posts

Posted by rogers123 > Aug 6, 2018 10:21 AM | Report Abuse

Datokim monday will limit up !!!!!!!!!!!!!
03/08/2018 16:42 <--- Hahahaha

7682 posts

Posted by KAQ4468 > Aug 6, 2018 06:00 PM | Report Abuse

holy shit !!!!!

limit up kaw kaw kaw kaw kaw !!!!

from toilet paper become gold paper !!!!

kah kah kah

436 posts

Posted by madguy > Aug 6, 2018 07:10 PM | Report Abuse

shit ... I got trap ... damn today drop so much zzzzz

2466 posts

Posted by rogers123 > Aug 6, 2018 07:55 PM | Report Abuse

JJchan This is just a "offer based willing buyer and willing seller"----Selangor Gov is making a Offer, kps
will be announcing to Shareholders at 5:00pm------EGM will be called but needs time.

Those that "missed" the Boat are afraid Monday. limit-up then bang boss-----But i have a good
suggestion ---Buy Puncak or Taliwarks today----Atleast can reduce some frustration on Monday
03/08/2018 11:26 <-- buy puncak u die until u siao today

654 posts

Posted by IronShirt > Aug 21, 2018 09:00 PM | Report Abuse

Roger i heard your got just a Old pancake, how to bang boss????? Old Lady

2466 posts

Posted by rogers123 > Aug 21, 2018 09:06 PM | Report Abuse

IronShirt: Hahahaha. Roger is a lady? I doubt ur judgement.... Gender u also judged wrongly. How can we trust ur judgement in stock. One word can describe ur judgement "S U k" Hahahahaha. LOL

2466 posts

Posted by rogers123 > Aug 21, 2018 09:12 PM | Report Abuse

Hahahaha. Loss in KPS, now fat lan cha ar? Pity u ler. Bought at 1.90++. I already warned u mah. There is no limit up that day. Limit up? At the end ended up DOWN. Hahahaha. I shouldnt insult u. U loss so much. I should pity u ler. Buy kps now ler and average down or beg public to buy and help u to release ur holding ler. Kps will be 2.30++ soon. Wakakakakaka!

2466 posts

Posted by rogers123 > Aug 21, 2018 09:13 PM | Report Abuse

Ironshirt: God loves U!

2466 posts

Posted by rogers123 > Aug 21, 2018 09:14 PM | Report Abuse

Ironshirt: May be I will help u, I may push it up for u to release... Hahahaha

654 posts

Posted by IronShirt > Aug 22, 2018 10:19 AM | Report Abuse

Roger you cannot breathe so you hide here, you hate Puncak. Never see you in Jaks( majority shareholder---sailang 1.40 + sell House to get more Loan, sailang again ---now sit here, Why???
Somemore want to sailang Jaks at 80cents,,,,,,,sell your children????

654 posts

Posted by IronShirt > Aug 22, 2018 10:44 AM | Report Abuse

I only have 5,000 kps shares at 1.50. Kps will receive 1.40/share from Splash,,,,,,why am i want to
sell?.( jaks will arrive 0.40c end year,,,,you lose RM1.0/share,,,,,no money for funeral service )

Yael Jasper
2082 posts

Posted by Yael Jasper > Aug 23, 2018 11:32 AM | Report Abuse

Wow! the stock price is rising, profit increasing also kikiki

2466 posts

Posted by rogers123 > Aug 23, 2018 06:25 PM | Report Abuse

IronShirt: Did i asked u to sell kps? I dont care whether u sell it or not. I bought jaks. Did i ask u to buy? The money is mine, whether i win or lose, not ur problem. As long as i am still here, Laughing loudly, mean i am still doing good. Not like u. Always change ur nick. Using my nick to attack me. Only the loser who lose alot will attack people. I know u lose alot because i told people to sell kps at 1.90-2.00. But i told the truth n kps has fallen to the price i quoted which is 1.65. U should learn from ur mistake not blaming or attacking me. Loss in jaks is nothing to me. Not every stock will help u to make money. As long as overall u r making money. Then is considerate good. I am happy, i earned alot by shorting kps and selling Drbhcom. I will be happy if jaks felt to 0.80 or 0.60. Plz curse jaks fall to may be 0.50, i will thanks to u. If i am still here means i am doing great. Hahahah

2466 posts

Posted by rogers123 > Aug 23, 2018 06:31 PM | Report Abuse

Ironshirt: I am happy if jaks felt to 0.40. Plz curse it. I will pay u 10k if jaks reach 0.40 by end of this year. If not, U pay me 5k enough. Dare to take the challenge? If dare email me and leave ur contact there, i will contact u n make a deal. Dont be like targetinvest, lose the bet and run aways. No Ball. If u not dare to take the challenge, plz dont talk to me or mention anything related to jaks again. Because i am not asking money from u to buy jaks. Tat is my money.

654 posts

Posted by IronShirt > Aug 24, 2018 11:32 AM | Report Abuse

roger got No more tears. Bought puncak 1.70, 1.00, now 0.575,,,,,Bought Jaks 1.40, now 1.0 going
going 0.40,,,,,,everyday say Good, Good Jaks going 0.40,,,,,your next job__Bursa janitor

2466 posts

Posted by rogers123 > Aug 24, 2018 02:21 PM | Report Abuse

Since when i bought puncak i also dont know. Hahaha. I never bought at 1.70 or 1.00. I dont like rozali, so i wont buy his share. Kahhoeng can be my witness. I always ask him to dump kps since 2.50 until 0.80. But now no point to sell it already. He already lose too much.

2466 posts

Posted by rogers123 > Aug 24, 2018 02:24 PM | Report Abuse

U not only got no ball, but also like to accuse people with false statement. May be u r the victim of puncak. U bought it at 1.70 n 1.00. So sorry to hear tat u r the victim of kps n puncak. Dont come here to fat lan cha la

654 posts

Posted by IronShirt > Aug 24, 2018 05:02 PM | Report Abuse

roger sailang in Sapnrg at 0.78 cents,,,,,today 0.415,,,,,everywhere he walks got big holes

2466 posts

Posted by rogers123 > Aug 24, 2018 09:45 PM | Report Abuse

Ironshirt: Since when i bought saprng? Hahahaha. Very funny. I think u helped me to buy sapnrg and i havent claimed back. Plz transfer to my account. Thanks

654 posts

Posted by IronShirt > Sep 3, 2018 12:50 PM | Report Abuse

why puncak falls bcos Roger jinx puncak,,,,,loser,,,,,,every stock he mention in 2018 sure collapse

501 posts

Posted by Daily8 > Sep 5, 2018 11:12 AM | Report Abuse

What is the catalyst of PUNCAK now?

@Kahheong, u holding it still?

1840 posts

Posted by jordanmaggie61 > Sep 5, 2018 11:36 AM | Report Abuse

It is time to move..yeah..profit is real ! HAHAHA

654 posts

Posted by IronShirt > Sep 5, 2018 01:36 PM | Report Abuse

Roger123 has changed ID to Pscc,,,,,loser changing ID

2529 posts

Posted by kahhoeng > Sep 6, 2018 02:28 PM | Report Abuse

Yes, I'm still holding... unless Dr. M gives profitable projects to Puncak, guess it would at least another 4-5 years before seeing recovery through its plantation business, assuming no mistake by the management and palm oil prices between 2200-2400 range by then

501 posts

Posted by Daily8 > Sep 18, 2018 08:02 PM | Report Abuse

You are indeed a special somebody kahheong. No pun intended but I wish to know why you holding still? I have some friends who bought over Puncak too and they are holding still too. Mind asking your reasons? Thank you.

2529 posts

Posted by kahhoeng > Sep 19, 2018 11:45 PM | Report Abuse

Puncak is already at rock bottom price with a market cap of less than 250 million, despite owning 40+ thousand hectares of plantation land and a few hundred acres of land in Kuala Selangor. Market, if not manipulated, is pricing it at this price for a simple reason, i.e., the board and management are nothing but shit! I can only come up with this reason, it could be much more complex, but given my simplistic mind, this is the only one I can think of.

So, just don't see why I should sell Puncak at shit price, err..., cheaper than shit?!?

501 posts

Posted by Daily8 > Sep 20, 2018 01:17 AM | Report Abuse


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