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Overview
Financial Highlight
Headlines
Business Background Ageson Bhd, formerly Prinsiptek Corp Bhd operates as an investment holding company. Its principal activities are mainly construction and property development. It involves in building and construction activities. The company's segments include Construction, which is engaged in construction works; Property Development, which is engaged in the development of residential and commercial properties, and Trading and others, which is engaged in the trading in building materials, provision of project management and secretarial services and investment holding. Its project includes detached houses, semi-detached houses, terrace house, high-rise hotel, hostel, and apartment.
  Uranus Love to see those 2 stooges creeping around! haaaaaaaaaaaaa haaaaaaaaaaaaaaaa 30/03/2020 12:36 PM IvankaTrumpVictory PETALING JAYA: A major challenge of the RM250bil economic stimulus package is to ensure all the assistance announced reach the intended recipients in a fast and transparent manner, says Senior Minister Datuk Seri Azmin Ali. “That is our challenge. The Finance Ministry has prepared modules for every ministry on the stimulus package so that they know what is to be done, ” he said in an interview aired on TV1 yesterday. He said his ministry, through the Unit for the Implementation and Coordination of National Agencies on the Economic Stimulus Package (Laksana), would ensure a quick and smooth implementation of the stimulus package. The International Trade and Industry Minister said the government needed to discard bureaucracy as people who lost their jobs needed financial help quickly. He said that at present, the government only had data on the B40 group and petty traders but not on the M40 group. “The M40 is our challenge as all initiatives by the government hardly gave attention to this group. We have to step up our efforts to ensure those who apply from the M40 group are those who really qualify, ” he said. B40 is the base group which earns less than RM4,000 a month while M40 is the middle class in the RM4,000-RM8,000 salary bracket. Azmin said most Malaysians had bank accounts and funds would be credited to them after they are confirmed to be qualified.He also said that the stimulus package was not just in aid of the rakyat but also the private sector. “If companies are not assisted, workers may lose their jobs. This will create bigger problems. When workers are retrenched and when the difficult period is over, the capacity to retrain workers would have worsened. “The government has come in with a cash flow injection so that employers have no reason to retrench their workers. “We prioritise the need to help the people. If the people are suffering, I cannot go down to the villages and tell Makcik Kiah that the government cannot help because the fiscal deficit is at 4%. “They would not understand. So, we focus on the rakyat first and later we will address fiscal issues in the long run, ” he said. When unveiling the stimulus package on Friday, Prime Minister Tan Sri Muhyiddin Yassin used the analogy of a pisang goreng seller he called Makcik Kiah to explain how women in the B40 group stood to benefit from the stimulus package 30/03/2020 12:40 PM IvankaTrumpVictory Why give cash to civil servants when they are not going to lost their job. Why bother to help M40 when the once at risk is SME going to bankrupt and lay off employees as they do not have income and need to pay the fixed cost. 30/03/2020 12:40 PM OneAndOnly Exactly , Do you know large number of civil servants job is just shifting paper! And they are given pension for life! You have tons in private firms doing tons of job,paid the same salary but will be jobless in few years time because this firms will replace them with young and cheaper workforce! Come recession, depression or like current pandemic, civil servants can shake their legs! Full salary at end of the month, pension once retired! And their contribution is peanut! What a waste! I strongly propose that civil service abolish pension and replace with contractual basis! 30/03/2020 12:44 PM PhoonPhoonBeauty Civil servants who contribute most are frontline doctors, healthcare workers,nurses, cleaners, army, police, bomba, Rela in doing mass national disinfection. its form of gratitude, thank you for their sacrifice battling the invisible virus. 30/03/2020 12:47 PM UraniumKing68 I asked tua-peh-gong what will happen to our world he told me pang-xim the the whole is standing together to fight the virus you may not believe the little boy you can't denied chin , Japan and Korea success is true 30/03/2020 2:44 PM UraniumKing68 The world will not be destroyed by those who do evil, but by those who watch them without doing anything ― Albert Einstein worse still are those who use their intelligence to spread the fear do not believe their little encouraging words can do a miracle 30/03/2020 2:46 PM Printing U.S Dollar Dollar Dollar Looking at it, Panic buying by May back fear no confidence vote on PN backdoor govn before Parliament resume on May 18th possible?. Ha Ha! 30/03/2020 2:51 PM O'Brian The old poor people are the most affected, they dont have money to buy good foods in normal circumstances, so their immunity are poor. If they are sick, they don't have money to buy medicines. Civil survants benefited for having extra holiday with pays, only those hard working teachers (some are lazy dont care) have to rush to finish their syllabus with extra classes to cover back. Most civil survants have nothing much to do, but go to office and shake legs, they are considered over paid, when salaries are supposed to commensurate with the amount of works done. 30/03/2020 2:53 PM Larrie Chew It was Najib who bloated our civil service with useless extra 1 million! No thoughts that future generations will be overburden with pension welfare for this bloated 4 to 5 million retirees! In the end, Malaysia will spend 60% of it's annual budget feeding useless civil servants! Be firm! You don't give pension to non performers! You are cultivating lazy culture! Only get pension to deserving and talents teachers, core medical staff, and so forth! Be very selective! Pension for those who are useable in time of crisis! Example, during current pandemic, you can recall those retiree doctors and nurses and pay extra on top of their pension! It's worth it! Tell me, what do retired clerical civil servants do! When half of they working life spend playing around! 30/03/2020 2:55 PM Larrie Chew Do you know that by 2030, Malaysia will have more old people compare to young ones! Yeah, those in their 20s already 30s in 10 years time! Those who are in their 30s already 40s! And yeah, by 2030, Malaysia will have explosion of retiree from civil service! Not all new intake! Just fraction! Harapan fail to curb full pension! 30/03/2020 2:57 PM JessicaTan Lai...Lai...Lai... Today started to bet 1st round....0.070. Long waiting que.... 0.075... 0.080... 0.085... 0.090... 0.095.. 0.100... 30/03/2020 2:59 PM UraniumKing68 Covid19 will cause more shop close..............coming soon, say thank you to china you 2 goons! lmao 31/03/2020 3:07 PM Printing U.S Dollar Dollar Dollar Yes Agree with Uraniumking68. If lockdown lifted by mid of April, please, don't expect things to go back to normal! Firstly, business travel will not be allowed! Hence many medium size business will find it hard to operate as they usually get their stocks overseas especially from China! You will face restriction from both ends! Because of that, small business also suffer! Tourism will be badly hit! Retailers that depend on tourists will also be hit! Property sector also will be hit! In short, many will face the prospect of downsizing or bust! This is only the beginning! Covid19 will not end so soon! US and EU and our neighbors will not be able to contain the spread! Instead, they may just let it be and hoping for some miracle along the way! But in some ways, we are fortunate! Fortunate that our containment achieve some success! But i do worry government is not doing mass disinfection seriously! So yeah, brace yourself for upcoming challenges! 31/03/2020 3:10 PM O'Brian Unless government revive all the mega projects, then we should see construction sector on the robust side! Just let's wait and see! smack! i just wipe off 2 buzzing funky fly... 31/03/2020 3:13 PM Larrie Chew Got cash in business will face the prospect of explosive sales n revenue like the Tech business! Please choose the correct counters to invest with your hard earn money. Excited, i also just smash 2 funny looking fly that stand on cow manure yuck! phui 31/03/2020 3:16 PM Printing U.S Dollar Dollar Dollar Larrie Chew! of course tech sector stocks will do extremely well! But the rest still needs time to recover! 31/03/2020 3:19 PM Printing U.S Dollar Dollar Dollar Speaking of the current government , they are doing it the wrong way with the mass disinfection exercise! too slow and lame! Only this week did government finally do some mass disinfection but it's puny compare to neighboring country like Thailand! Thailand is going full blown with disinfection hence the reason for their success so far! Thai would ever spray the whole body of shoppers and public transport users! This is the way to do it! 31/03/2020 3:21 PM happylucy It's more on personal hygiene (education). As long as you wash your hands often, don't bring shoes indoor and clean the floor more often , the infection rate is quite low. happy happy happy 31/03/2020 3:23 PM UraniumKing68 Like that, our country economy recovery will be slow n the rich people got more time to sapu undervalue shares like Ageson n become RICHER ! Very good for the RICH people ! 31/03/2020 3:33 PM UraniumKing68 Yeah, also for Asians as well! The whites will hate asian people because of Covid19! This Covid19 will wipe out large number of whites! Say thank you to china 2stooges of ageson! yeah you dua ekor! 31/03/2020 3:41 PM Printing U.S Dollar Dollar Dollar It's a mutual reaction! In China, they are now brainwash to hate whites for no real reason! Maybe china forgot its the American who save china even Asians country from japanese conquering....... 31/03/2020 3:47 PM Printing U.S Dollar Dollar Dollar Japanese daily raping, torturing, killing, burning etc.... I think most of the Asians forgot who save the day? Even china at that time could not save themselves..... 31/03/2020 3:49 PM Larrie Chew Agree, as you can see why hongkong and taiwan oppose china kaw kaw, never wanted to be a part of china. No one see clearly why, haha i just throw that 2 fly i smash back onto that cow manure 31/03/2020 3:53 PM Larrie Chew China still talk big on blaming Its the american soldier who bring wuhan virus to wuhan? Eat more exotic animals china, later you will blame God for bringing More and more death to china, hehe 31/03/2020 3:55 PM O'Brian It’s only started by US and soon It would be all western countries. We will witness decoupling between Western countries and China. Globalization is killed by Coronavirus. The best period for having a pleasure tour by Asian in western countries is over.... 31/03/2020 3:57 PM JessicaTan Guys I think its still Ok to enjoy tour in Asia. ..the western politician will take such advantage and refuse to admit their mistakes of being slow motions in fighting with the viruses. 31/03/2020 3:59 PM JessicaTan So that Huge amount of money keeps by China elites in western countries....sayonara. 31/03/2020 4:00 PM JessicaTan China is either decoupling with the western countries or take tough action to reform its political structure and putting all the blame to the CCP later. 31/03/2020 4:01 PM Printing U.S Dollar Dollar Dollar Yeah, poor CCP elites! All their family and mistress living in US! Driving luxury cars and homes! 31/03/2020 4:03 PM Printing U.S Dollar Dollar Dollar The average China people don't know any better! If Umno warlords are billionaires, just imagine how wealthy those CCP elites are! They have private planes just to visit their loved ones in US! Not one but dozens! 31/03/2020 4:04 PM Printing U.S Dollar Dollar Dollar Really pity those who are so In love against 'China'! Most of them got brainwash 31/03/2020 4:06 PM UraniumKing68 The infighting within CCP is getting intense due to personal interests keeping them in the western countries. They can’t stand with Xi leadership of being the King of China. 31/03/2020 4:11 PM happylucy Don't be jealous Printing U.S Dollar Dollar Dollar . Maybe you have a better life after you reborn again in future. 31/03/2020 4:13 PM O'Brian UraniumKing68 ,Chairman Xi is emperor of China! Many don't notice it! He is modern Emperor! He will rule forever! 31/03/2020 4:15 PM O'Brian And yeah, since Emperor Xi took over, things are very complicated for CCP elites! So far they only protest in silence! Few of those openly protest already found themselves missing in action! 31/03/2020 4:15 PM O'Brian Huge amount of money is needed to keep running the country in a tough situation like what is happening now. China import around 20% of the foods products from overseas every year. How to stand if the world is falling into ice age and not many got money to buy manufacturing products from China? China needs trade surplus to support its imports. USD earned for the past 40 years are mostly keeping by China elites overseas...it’s quite tough to China in reality whereas US able to simply print unlimited amount of money to rescue their economy. 31/03/2020 4:16 PM  | |
