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Overview
Financial Highlight
Headlines
Business Background Straits Inter Logistics Bhd is a Malaysia based investment holding company engaged in the oil trading and bunkering business. Through its subsidiaries, the firm provides bunkering services to organizations with marine-based operations that operate ocean faring vessels, as well as offshore structures such as those used for exploration and production activities in the oil and gas industry. In addition, the group is also involved in trading oil-related products. The organization also provides consultancy services. All the operations of the company are carried out in Malaysia.
  Ron90 Avarga.. got nothing to do much in this company.. probably just shifting portfolio. unless something terrible about this company..which so far dont find any. 08/09/2021 4:57 PM  Simon Singh AVARGA DEPOSE ITS SHARE AND MADE MONEY. EXITE . NOW THE 1 CENTS GANG ARE STUCK .THEY WILL TRY PROMODE THIS CONMAN COMPANY . 08/09/2021 5:10 PM Albukhary OMG, why Avarga cabut... Since Avarga has cabut, should I cabut also.... Million dollar question. 08/09/2021 6:31 PM Almondnut88 Son is next year Ogos, still long way to go. Want to wait until next year than can move? 08/09/2021 7:53 PM JK22 Avarga disposed yesterday , announcement by bursa today, make all ikan bilis panic sell. Today Avarga SGX no announcement . But only yesterday http://www.avarga.com.sg/investor-relations/sgx-announcements/ 08/09/2021 11:00 PM Zezima Avarga trimmed off 25% of their shareholding(2.5% Straits' total shares), but they still holding 7.5% of total Straits' share..if they really wanna make profits..they could have sold their shares in the earlier months when prices were much higher (especially in March)..Either there is bad news coming (which is unlikely)..or they simply need some cash ..or they wanna clear out petty trader and operator that blocking the price before the price start to rocket..who knows.. Stay positive..Straits has bright prospects..nothing to be scared of.. 09/09/2021 8:30 AM Zezima Possibly Singaporean bosses already queued at low price before the share disposal by Avarga..to earn more and cheaper tickets..who knows? They ain't new in this investment field..they dont invest like us (very straight forward)..they have strategies and plannings.. 09/09/2021 8:43 AM Jayson4896 Halo bro, please don't miss leading people at here lah. Shame of you!!! 09/09/2021 10:10 AM Zezima jayson4896 I dont have time for a crybaby like you..u should go for copytrading platform kid..or just go straight to 4D Magnum.. 09/09/2021 10:20 AM spielmacher https://www.klsescreener.com/v2/news/view/878881/esg-criteria-being-planned 09/09/2021 10:29 AM Ron90 opportunity to buy ler.. wait for GEM listing, probably in the next few months or Q4/2021.. than sell after that la. 09/09/2021 10:50 AM Jayson4896 Zezima, able to predict stock trend call technic not gambling. But buy at unknowing this is really gambling, are you sure and able to confirm straits has a bright future? Klsei3 is a sharing platform, but very pity that many people like to mislead people here! 09/09/2021 11:09 AM Zezima @Jayson4896 U are actually dumb enough to be misled by my opinion LOL, its never been a buy call..everyone gets control of their own account.. Apparently u just a petty trader who stucked at high prices and started to mummble bcause u couldnt afford to cut loss..without even know the background of this company.. Ppl who been following the progress of Straits know that it has bright prospects ahead.. U the one who kept misled others..even gave false claims that Director already disposed their shares..kid, ur lvl is at Sport Toto frankly speaking.. 09/09/2021 11:34 AM JK22 A growing company with 22 positive QR continuous , since 2016.. selling at RM0.18 now , and yet some calling it a con? Then please go enjoy rides on those lost making pennies counters with non stop ESOS, RI, PP, Split and consolidate . Can test your skill there. Of course some do make money there , but don't look too good of yourselves. 09/09/2021 11:47 AM Jayson4896 Zezima your also not bad, copy and paste level only and bring people to Holland... I better than you lah, at least can predict share is down trend. 09/09/2021 4:36 PM aleesya This company changed its company name 5 times since got listed. From water filtration to O&G. Why keep changing company name, oh? 11/09/2021 10:32 PM tuancapital https://klse.i3investor.com/blogs/tuancapital_opinion/2021-09-14-story-h1571529928-NEXT_GEMS_FOUND_AFTER_HUGE_PROFIT_FROM_DNEX.jsp 14/09/2021 4:51 PM aleesya All animation video. No real objects video or photos to proof real stuffs. Trade with care. 14/09/2021 7:34 PM tuancapital aleesya . business activities is approved by government agency.u must know they must have dateline to ensure business start operate or else license can be revoke. as mentioned on news, business is expected to commence on 4th quarter 14/09/2021 8:49 PM davidkkw79 wow...@tuancapital must be syndicate member, otherwise how come just promote yesterday then today straightly up 15/09/2021 9:11 AM Zezima @keep going, they rolled their profits in the last four years (from 2017) to establish their business infrastructures (including purchase of vessels..starting from 2 vessels in 2017 now they currently own 14 vessels in 2021). Dato Ho Kam Choy claimed that their infrastructures have established and now look forward to reward shareholders with dividends in the near future.(quote from:https://www.klsescreener.com/v2/news/view/868583) 15/09/2021 4:40 PM MrRightMrLeft They need to squeeze their profit so that no need to pay more tax but buy more asset..this play could last very long long time to bcome fruitful n when it does...VOILA..!! So it only suitable for long term investor not trader/punter/gamblers... 15/09/2021 7:24 PM tuancapital Group’s prospects With the letter of approval (“LOA”) received from Marine Department Malaysia for the development of Ship to Ship (“STS”) Energy Transhipment Hub to provide and carry out liquid cargo transfer activities, the Group is looking to widening its business coverage into the STS operations. The new business is estimated to commence by fourth quarter of 2021 and the Group aims to be a major player in the Sustainable and Alternative Energy industry in addition to its current fuel bunkering and port operation business. On 5 July 2021, the Group has announced that its 70% owned subsidiary, Tumpuan Megah Development Sdn Bhd (“TMD”), will be collaborating with Petronas Dagangan Berhad to provide Marine Fuel Oil to vessels within all ports in Malaysia. This collaboration will be value-adding to both parties’ to extend its business coverage. Meanwhile, the COVID-19 pandemic continues to pose challenges to the global business environment since its outbreak in March 2020. The economy outlook remains highly uncertain with the continuous mutation of the COVID-19 virus and more movement control are expected to be reimposed to break the chain of infection. With the majority of the Group’s businesses being classified as essential services, the Group able to continue operating and concurrently complying with the Standard Operating Procedures (“SOP”) to ensure the safety and wellness of its employees and also to ensure the continuous growth and smooth execution of its expansion programs. Nonetheless, the Board of Directors and management of the Company are closely monitoring the impact of this pandemic on the Group’s result from time to time and to ensure appropriate risk mitigation measures are undertaken to preserve value and protect shareholders' interests 18/09/2021 8:30 AM tuancapital BUSINESS OUTLOOK IN 2021 Straits has a diversified business portfolio, comprising Oil Trading & Bunkering Services, Inland Transportation & Logistics, Vessel Management and the recent Port Operation & Facility management services, which is a key business sector undertaken by its indirect subsidiary, Megah Port Management Sdn Bhd. The Board expects that the net profit attributable to the port management business segment may represent more than 25.0% of the total net profit of Straits Group in the financial years moving forward. In addition, the Board believes that the Group’s increased equity interest in Tumpuan Megah Development Sdn Bhd (“TMD”) from 55% to 70% which took place in first quarter of 2021 will further contribute positively to the Group’s future net profit, premised on the established technical expertise and resources of TMD in oil bunkering services and trading of oil and petroleum products. Straits is also pleased to welcome Avarga as its new strategic shareholder in March 2021. Avarga Investment Pte Ltd, a wholly owned subsidiary of Avarga Ltd (“Avarga”), a public listed company on Singapore SGX has become a substantial shareholder of Straits and Avarga has expressed its interest to pursue further strategic collaborations with Straits in the long run. The Board is strongly committed to a pro-active and uncompromising safety environment throughout the Group and wider industry to ensure that the right safety practices, behaviours, policies and culture are in place. As we embark on a new financial year, we are cognisant of the continuing economic uncertainty in the markets which we serve and the inevitable business headwinds and ensuring that we have the established systems and policies in mitigating any risks ahead. With Covid-19 vaccines being made available worldwide, we can look forward with optimism that the storm is expected to pass on and it can only get better in 2021. 18/09/2021 9:30 AM tuancapital taken from annual report 2020. key point port business will contribute 25%. 18/09/2021 9:31 AM MIDASTOUCH87 https://www.fxtank.com/xiangganggushi/157933.html Resubmit the application--- BANLE INT HK, subsidiary of STRAITS 25/09/2021 12:17 PM  | |
