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266 comment(s). Last comment by freddiehero at Dec 3, 2020 8:57 AM
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davidkkw79
4730 posts

Posted by davidkkw79 > Jul 6, 2020 4:28 PM | Report Abuse

Dont touch tabung haji punya counters, they are well known in lousy company management


angelo
351 posts

Posted by angelo > Jul 9, 2020 8:17 AM | Report Abuse

DON'T TOUCH THIS COUNTER. YOU ALL HAVE NO IDEA HOW SERIOUS ARE THE PROBLEMS FACED BY ITS ASSOCIATED COMPANY BNS FOR LCS PROJECT. CREDITORS WILL START SUING FOR DEBTS OWED! TRUST ME BECAUSE I KNOW AND I CAN'T DISCLOSE ANY INFORMATION HERE.


angelo
351 posts

Posted by angelo > Jul 9, 2020 8:22 AM | Report Abuse

Victor Yong This company no more in oil n gas business. The O & G Division has been closed after Petronas terminated and withdraw its license.


Heman01
2 posts

Posted by Heman01 > Jul 14, 2020 10:49 AM | Report Abuse

Debts are Extravaganza. Will dive further


angelo
351 posts

Posted by angelo > Aug 3, 2020 11:15 PM | Report Abuse

https://www.theedgemarkets.com/article/boustead-rm9b-warship-project-delay-mindef-mulls-salvaging-two-six-vessels


angelo
351 posts

Posted by angelo > Aug 11, 2020 12:29 PM | Report Abuse

Pls avoid this counter. Company having difficulty in paying staff salaries already.


angelo
351 posts

Posted by angelo > Aug 29, 2020 8:05 AM | Report Abuse

Staff salaries (for those earning RM5,000 n above) for the month of July 2020 were paid in 2 portions, 50% at the end of July 2020 n the balance 50% in the 1st week of August 2020. The staff salaries for the month of August 2020 will be the same method. As for Sept 2020, will have to wait n see.


DJThong
90 posts

Posted by DJThong > Nov 20, 2020 8:25 AM | Report Abuse

It has a lousy board. No industry experience providing zero steer. Now not paying staff - useless.


angelo
351 posts

Posted by angelo > Nov 27, 2020 6:33 PM | Report Abuse

https://www.theedgemarkets.com/article/bhic-reports-possible-irregularities-its-rm9b-littoral-combat-ship-project-macc


angelo
351 posts

Posted by angelo > Nov 28, 2020 2:52 PM | Report Abuse

Condom004. How to fly when UJSB has to dispose all of its share holdings? Anyway, pls stay away from this counter. More bad news to come in the near future.


freddiehero
14619 posts

Posted by freddiehero > Dec 3, 2020 8:38 AM | Report Abuse

aduh.. better faster made payment to daya lo.. u c my daya Jam Sana kuat lama.. bayar la hutang.. kakaka..


freddiehero
14619 posts

Posted by freddiehero > Dec 3, 2020 8:41 AM | Report Abuse

Anti-Corruption Commission on possible irregularities found in the latter's associate company, Boustead Naval Shipyard Sdn Bhd (BNS).


freddiehero
14619 posts

Posted by freddiehero > Dec 3, 2020 8:41 AM | Report Abuse

The project, comprising an order for six LCS to be constructed for the Royal Malaysian Navy, was awarded to BNS by the Ministry of Defence in 2011.

According to news reports, the first ship from the project should have been delivered in April 2019. However, not even one ship had been completed so far, although the Government had paid BNS RM6 billion.


freddiehero
14619 posts

Posted by freddiehero > Dec 3, 2020 8:43 AM | Report Abuse

kesian le my daya, bikin aircon duit also want hutang lama lama ka..


freddiehero
14619 posts

Posted by freddiehero > Dec 3, 2020 8:48 AM | Report Abuse

3. Littoral Combat Ships Project
Included in Note 5, Note 19 and Note 20 to the financial statements are revenue of RM7,413,000,
receivable of RM7,961,000 and contract liabilities of RM 6,020,000 respectively generated from the
Littoral Combat Ships Project.
On 25 September 2015, Daya OCI Sdn. Bhd. (“DOCI”) was appointed as the subcontractor to
supply heating ventilation and air conditioning (HVAC) system for six units of Littoral Combat Ships
(“LCS Project”).
(a) The LCS project was suspended in January 2020 due to non-payment from the customer.
The management is of the view that total amount receivable from this customer amounting to
RM7,961,000 as at the end of the reporting period is recoverable and no expected credit loss
is required.
(b) The allocation of the budgeted and actual costs for the LCS Project have not been
appropriately allocated to the six separate performance obligations in accordance with MFRS
15 Revenue from Contract with Customers.
As a result of the above matters, we were unable to obtain sufficient appropriate audit evidence to
conclude that the closing balance of amount receivable from the customer and any consequential
expected credit loss, the opening and closing contract balances and the contract revenue relating to
the LCS Project have been appropriately recognised in the financial statements during the financial
period.


freddiehero
14619 posts

Posted by freddiehero > Dec 3, 2020 8:57 AM | Report Abuse

Wat a joke? government pay RM 6bil , no 1 ship handover?

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