kong73Type Announcement Subject OTHERS Description MATERIAL CONTRACT
CONTRACT NO: PRPC/TC2/004/2016 ("CONTRACT") CONTRACT TITLE : PROVISION TO SUPPLY FIRE FIGHTING VEHICLES AND MAINTENANCE SERVICES FOR PETRONAS REFINERY AND PETROCHEMICAL CORPORATION SDN BHD. The Board of Directors of CME Group Berhad (“CME”) wishes to announce that its wholly-owned subsidiary CME Edaran Sdn Bhd has been awarded the Letter Of Award dated 29 September 2016 from PETRONAS Refinery & Petrochemical Corporation Sdn Bhd to supply fire fighting vehicles and maintenance services for PETRONAS Refinery & Petrochemical Corporation Sdn Bhd at a value of Ringgit Malaysia Forty Eight Million Eight Hundred and Twenty Thousand only (RM 48,820,000.00).
The duration of the contract will be as follows:
a) Purchase of Fire Fighting Vehicles – The purchase of the fire fighting vehicles shall be valid for a period of three (3) years from the EFFECTIVE DATE (29 September 2016). The planned delivery dates are based on a phasing basis as per the agreed schedule.
b) Maintenance Services – The maintenance services shall be for a period of 5 years (upon the expiry of the two (2) years warranty period of the fire fighting vehicles).
The contract is expected to contribute positively to the Group’s earnings and net assets for current financial year ending 31 December 2016 and following years.
CME do not foresee any exceptional risk other than operational risk associated with the contract.
None of the directors and/or major shareholders of CME Group Berhad and/or persons connected to them has any interest, direct or indirect, in the above contract.
This announcement is dated 7 October 2016.
27/11/2016 3:39 PM
kong73RM50million contract in the bag...and yet the price has not move
27/11/2016 3:40 PM
kong73Share price should be worth at least equivalent to NAV value by now
CONTRACT NO: PRPC/TC2/004/2016 ("CONTRACT") CONTRACT TITLE : PROVISION TO SUPPLY FIRE FIGHTING VEHICLES AND MAINTENANCE SERVICES FOR PETRONAS REFINERY AND PETROCHEMICAL CORPORATION SDN BHD. The Board of Directors of CME Group Berhad (“CME”) wishes to announce that its wholly-owned subsidiary CME Edaran Sdn Bhd has been awarded the Letter Of Award dated 29 September 2016 from PETRONAS Refinery & Petrochemical Corporation Sdn Bhd to supply fire fighting vehicles and maintenance services for PETRONAS Refinery & Petrochemical Corporation Sdn Bhd at a value of Ringgit Malaysia Forty Eight Million Eight Hundred and Twenty Thousand only (RM 48,820,000.00).
The duration of the contract will be as follows:
a) Purchase of Fire Fighting Vehicles – The purchase of the fire fighting vehicles shall be valid for a period of three (3) years from the EFFECTIVE DATE (29 September 2016). The planned delivery dates are based on a phasing basis as per the agreed schedule.
b) Maintenance Services – The maintenance services shall be for a period of 5 years (upon the expiry of the two (2) years warranty period of the fire fighting vehicles).
The contract is expected to contribute positively to the Group’s earnings and net assets for current financial year ending 31 December 2016 and following years.
CME do not foresee any exceptional risk other than operational risk associated with the contract.
None of the directors and/or major shareholders of CME Group Berhad and/or persons connected to them has any interest, direct or indirect, in the above contract.
This announcement is dated 7 October 2016. 27/11/2016 15:39
Win1388cme vol. coming , today direct deal 80.57m @ RM0.045
06/11/2017 11:39 AM
7Up7UpAnybody know about this company-BEST BIRDSNEST SDN BHD?! http://www.bursamalaysia.com/market/listed-companies/company-announcements/5593649
21/12/2017 11:30 AM
takeriskhttp://www.bursamalaysia.com/market/listed-companies/company-announcements/5646589 Indicative issue price per Rights Share is RM0.085, translated to 70.34% premium to the 5D-VWAP of CME as announced to better reflect value of Company. Read the details to determine if it is golden time to buy and accumulate now. Interest is growing everyday judging by the long buyers Q.
12/01/2018 3:43 PM
takeriskhttp://www.bursamalaysia.com/market/listed-companies/company-announcements/5663993 Proposal submitted to Bursa for approval last Friday. Decide before late.
15/01/2018 11:24 AM
vikrogersHow can the Right Issue share be RM0.085 when the share price now is only RM0.05 ???
15/01/2018 5:43 PM
takeriskClimbing 0.005c in every 2 weeks after announcement, drawing more interest evident in Buy queue. Last done yesterday ended at 0.055, 1st week for this price.
16/01/2018 9:21 AM
takeriskBased on recent movement, reaching 0.06 should be matter of week after next, or even earlier. To price Rights Share at 0.085/0.095 to reflect NA value and draw interest to subscribe, market price has to be there to attract. A good and safe option for those who refuse to chase counters that have gained significantly in past 2 weeks.
16/01/2018 9:34 AM
takeriskWhile market generally in red, 0.055 almost taken up this morning. Looking at buying force, 0.06 can happen this week, may be even today or tomorrow to break 0.06 and move towards 0.1x
16/01/2018 10:28 AM
takeriskhttp://www.bursamalaysia.com/market/listed-companies/company-announcements/5677061 Approval granted by Bursa last Thursday. Development is fast and intact. Share price shall begin its show time gradually from now.
29/01/2018 12:30 PM
vikrogersI don't understand howcome the price of right issue share is 0.085 when the current price is only 0.055 Right now its cheaper to buy in the open market than to buy the Right Issue shares. Can anyone shed some light pls?
13/03/2018 5:50 PM
jt888This is the company's strategy to push up the share price , I think .
13/03/2018 7:44 PM
jaynetanthe rights with free warants n low conversion price
13/03/2018 8:39 PM
AyamDuaTechnically, it is a right issue of shares of RM 0.0437, taking into account the following:
Rights shares of RM 0.085 Free warrants of RM 0.015
You add (5/4) of RM 0.015 to subscribtion, multiply 3.8% of risk free interest rate
technically it is RM 0.100 sen to get 2.2 shares of CME shares.
RM 0.100 / (2.2 * (1+ 3.8%)) = RM 0.0437 per right share
Win1388Last year 19 Jun 2017 Private Placement Details of corporate proposal PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN CME ("CME SHARES" OR "SHARES"), REPRESENTING NOT MORE THAN 10% OF THE ISSUED SHARES OF CME ("PRIVATE PLACEMENT") No. of shares issued under this corporate proposal 44,110,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0500 Par Value($$) (if applicable) 0.000 JEWEL VIEW SDN BHD Address 52-56, Jalan Tun Ismail 50400 Wilayah Persekutuan Malaysia. Company No. 426677-X Nationality/Country of incorporation Malaysia Descriptions (Class) Jewel View Sdn Bhd LG-030 Lower Ground Floor Dynasty Hotel No 218 Jalan Ipoh 51200 Kuala Lumpur Date interest acquired & no of securities acquired Date interest acquired 19 Jun 2017 No of securities 44,110,000 Circumstances by reason of which Securities Holder has interest Private Placement Nature of interest Direct Interest Total no of securities after change Direct (units) 53,230,000 Direct (%) 10.971
13/03/2018 10:13 PM
Win1388BEST BIRDSNEST SDN BHD Address LG-030 Lower Ground Floor Dynasty Hotel No 218 Jalan Ipoh 51200 Wilayah Persekutuan Malaysia. Company No. 775224-T Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Name & address of registered holder Best Birdsnest Sdn Bhd LG-030 Lower Ground Floor Dynasty Hotel No 218 Jalan Ipoh 51200 Kuala Lumpur Date interest acquired & no of securities acquired Date interest acquired 06 Nov 2017 No of securities 80,573,640 Circumstances by reason of which Securities Holder has interest Acquired Nature of interest Direct Interest Total no of securities after change Direct (units) 80,573,640 @ RM0.045 Direct (%) 16.61 Date of notice 06 Nov 2017
13/03/2018 10:16 PM
jaynetanthe above two companies are cme major shareholders I failed to find out what business they are dealing. any friends any ideas?
14/03/2018 9:57 AM
vikrogersAyamdua, that was a great explaination about R I. Thanks
14/03/2018 10:55 AM
AlfI3Ayamdua, thx much for d calculation rationales; it is informative indeed.
16/03/2018 7:31 AM
AlfI3Jaynetan, d 1st major share holder presumably doing jewelaries trades, whilst d 2nd shud b in Birdnest products tradings. Both are 'cash-riched' biz, hence dey can invest n might b holding on for prospective investmns tat dey deemed confidence via private placemn. Cud b realise dier motives to bcome major share holders ony via dier coming share holdings transactions either for long term investmns or for short term speculations. Got to watch out seriously
16/03/2018 7:41 AM
matghi guys.. any idea on last day trade for CME-OR ?
