Datuk Seri Ismail Sabri Yaakob , appointed on 27 July 2021 , resigned on 16 August 2021.
In the process of official appointment of the office of Prime Minister ;
Ismail Sabri still faces confidence vote
The king has said the new prime minister will be sworn in on Saturday, 21 August 2021 and will have to face a confidence vote in parliament to prove his majority soon after his appointment.
===========================
Chronology Of Events
Malaysia: Prime Minister Muhyiddin Yassin resigns
Malaysian Prime Minister Muhyiddin Yassin called it quits after months of political turmoil. He defied calls for resignation for weeks, saying he would hold elections next year.
Muhyiddin's government ultimately lost the support of political rivals needed to maintain a majority in parliament
Malaysian Prime Minister Muhyiddin Yassin has resigned,
on 16 August 2021 ;
following months of political turmoil.
Muhyiddin gave confirmation of his resignation in a televised address after meeting with King Abdullah. Muhyiddin said he was stepping down after losing majority support in parliament. The king said Muhyiddin would stay on in a caretaker capacity until a new government could be formed.
His Cabinet resigned earlier on Monday morning according to Science Minister Khairy Jamaluddin writing on Instagram. Muhyiddin chaired a Cabinet meeting at his office on the same day, 16 August 2021 according to state news agency Bernama.
Muhyiddin was seen entering the national palace on 16 August 2021 , Monday
to tender his resignation to the king.
It is not immediately clear who could form the next government, seeing as nobody commands a clear majority. King Al-Sultan Abdullah will likely make a decision in the case.
The national police chief, the Election Commission chairman and the attorney-general were also summoned to the palace before Muhyiddin arrived, according to local media.
Muhyiddin was under pressure to resign from both political and civilian fronts.
People were angry over his handling of the COVID crisis in the country.
Malaysia's COVID infection and fatality rates per million people are the highest in Southeast Asia
What happened in the months leading up to his resignation?
Muhyiddin said last week he had lost the majority support in the parliament, a week after he said he had the necessary support to govern.
His resignation brings to an end a tumultuous 17 months in office.
Muhyiddin had previously said he would seek the backing of opposition parties to keep the government from collapsing and would hold elections next year.
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Malaysia suspends parliament in state of emergency
Muhyiddin's resignation could return the premiership to the United Malays National Organisation (UMNO), Malaysia's 'grand old party.' UMNO was voted out in 2018 after allegations of corruption tainted the party.
Pressure on him mounted recently after some UMNO lawmakers — the largest bloc in the ruling alliance — withdrew support.
Muhyiddin said the recent crisis was because of his refusal to meet certain demands, including dropping corruption charges against some individuals. UMNO lawmakers, including former premier Najib Razak and party president Ahmad Zahid Hamidi, are facing graft charges.
They were among those who withdrew support for Muhyiddin this month.
King Abdullah can appoint a prime minister from elected lawmakers based on who he thinks can command a majority in Parliament.
Ordinarily, calling fresh elections would be the alternative option. However, these are considered unlikely at present because of rising COVID cases and economic instability amid the pandemic.
There's not much that can beat the feeling of falling headfirst into a book full of twists, turns, and explosive plot points. It all builds up to a surprise ending, one that if the writer has done her or his job correctly, will shock you and make you flip back through the pages to see how you could have missed it coming. I love finding a book that leaves my jaw literally hanging open, especially if I'm in public and more aware of my expressions. If a book ending can make me look or sound like an insane person in public, then I'd say it did its job phenomenally.
As I've grown older and spent years in college studying writing, I have much more respect for writers who can skillfully pace out a book so that the ending remains unpredictable and amazing. While I love a good book that ties itself together with a neat little bow at the end, I also enjoy messy endings where everything is suddenly not what it seems. Sometimes you just crave a book that will make you question everything and blow your mind at the very last second.
And these 10 books will do exactly that. Get ready for some twisted ideas and surprise endings that you won't forget in these books:
Agatha Christie is the grand ruler of twisted, shocking, and downright unforgettable endings you never see coming. When a widow's sudden suicide sparks rumors of affairs and heartbreak, more deaths follow which leads to more mysterious questions. Full of blackmail, secrets, and fascinating characters, this is Christie at her best. While this novel competes with many of her other novels in the surprise ending area, The Murder of Roger Ackroyd leaves a trail of clues, all of which are hidden so well it's impossible to see where this book will end.
This book doesn't scream murder mystery or thriller, but the ending was one I know I, and many other readers, didn't see coming. Gruen does a fantastic job at distracting us with the fantastical elements of the circus and the high-stakes drama between two lovers so that the ending of the Benzini Brothers Most Spectacular Show on Earth is one no one will ever forget. Even if you've seen the movie, the book builds up to this monumental ending moment that's too intense to miss out on.
Tyler Durden invented Fight Club, a place where men from all over come and beat on each other relentlessly until they feel as though they can handle just about anything else in their lives. Palahniuk makes his book one of the top contenders for best surprise endings because you're led on this confusing but completely addictive path where the harm of fight club intensifies with each page flip. By the end, you have no idea who is actually pulling the strings in this philosophical mind-twister.
Gone Girlis the poster child for surprise endings. Nick and Amy, a couple five years into marriage, are just about to celebrate their anniversary when Amy suddenly disappears. This book is set up to be a murder mystery from the get-go, one where the husband is naturally blamed, but Flynn's master style of writing is right along side Agatha Christie where she keeps you guessing up until the last few pages. Blowing your mind with a shocking plot twist, this is one book that will forever remain a book that changed the way I feel while reading mystery novels.
OK — I know this is a bit of cheat, but Gillian Flynn is too good at these endings! Sharp Objects does have to do with missing people, but it also has to do with Camille Preaker, a woman haunted by her past. Forced to relive it when her big city newspaper asks her to visit her old hometown where the brewing mystery takes place, you'll think you have it figured toward the end when, BAM, you really don't. And then you'll be surprised again, because Flynn doesn't end her stories with a simple cherry on top, but with a wave of shock crashing down on you, even as you close the book.
Yes, this is a YA series, and yes, each book will hit you with some mind blowing last line that'll have you going "What?!?" The characters in this series are a group of misfits — some wealthy beyond means and others poor just looking to fit in, some psychics, humans, and even ghosts — who are brought together on a search of a missing dead Welsh king. Between the sassy dialogue and massive plot twists, this is one series that'll surprise you again and again.
If you're looking for a book that'll make you question everything, read The Adoration of Jenna Fox. After waking up from a coma, a teenage girl is unable to remember her life, her name, or anything about herself. Told her name is Jenna, she's not sure if she should believe the people around her or not. Set in a near future, discussions of medical ethics and morals are brought up, making this novel a truly mind-blowing experience that leads up up to a catastrophic ending.
Waters is yet another crafty writer when it comes to making a reader continue guessing until the last few pages. Fingersmith is without a doubt full of intriguing characters, especially Sue Trinder, an orphan raised by thieves. Playing a major role in a grand scheme, Sue finds herself at the center of it all, with the ability to ruin everything if she listens to her heart. What may shock you most is how the story flips at the very last minute and astounds you with the pacing and complex scheming that'll definitely blow your guesses out of the water.
Four teenagers known as "the liars" spend their summer on a private island. While adults argue, teens fall in love, and lies are spread, things suddenly take a turn for the worst when main character Cady returns the next summer and everything is different, but she can't remember why. Intriguing and beautifully written, this book will surprise you at the very end to the point of possibly making you freak out.
The way this story is written makes it unique in its own incredible way, but its also the ending that'll continue to play with your mind days and weeks after reading it. In the era of World War II, 13-year-old Briony Tallis witnesses a crime that follows her, her family, and the story throughout. This is one story that doesn't just shock you with a surprise twist, but punches you in the gut with an unpredictable and masterfully crafted ending.
22. it means that the earth is KLSE as a whole will --- endures
it means that " YOU " as a participant in KLSE as a whole will --- endures
22. seedtime and harvest,
It means that you, as a participant in KLSE ,
has to perform vigorous processes of finding the correct seed ,
that will have great potential for eventual
" awesome financial gain " ,
then the final phase will be the resultant =
" eventual harvest. "
Please note : the critical importance on the actual timing is on the seeding time .
When to sow your correct seed , after finding the correct seeds
When _____?
This is the secret , to seed in the
unfavourable time , as the prices are cheap ,
When should I plant seeds in the UK?
If you have a heated greenhouse or enough space and light in the house, you can sow
some things indoors as early as January
(e.g. radish, chicory and sweet peas).
Otherwise, most crops and flowers are started off indoors in February or March, for planting out in May or June when the risk of frost has passed.
In UK , as early as January means during
the winter
UK weather:
January 2021 was coldest in
10 years with more wintry
conditions this week
The average temperature last month was 2.2C -
the coldest January since 2010.
Tuesday 2 February 2021 12:09, UK
Image:Snow covers the Knaresborough Viaduct in North Yorkshire, United Kingdom
During this political uncertainty , the prices
are cheap .
22. cold and heat,
it means cold = on the extreme cold , if you have travelled to 4 seasons countries ,
you will experience the extreme cold winter of minus 1 % celsius ; or
even colder , especially standing on top of the mountain ,
when the wind blows, your immediate reactions --
will be shaking with cold & fright.
it means heat = when you have been to European countries , in Greece ,
whereby you can experience 45 degrees C with the fierce heat wave;
with the significantly increasing wildfire threat across the
Mediterranean region and the Balkan peninsula .
Is it good in the extreme cold ?
Is it good in the extreme heat ?
Answer : obviously , it is not good to experience extreme cold , extreme heat
in the extreme ;
definitely it will be ideal to enjoy temperature like
Cameron Highland --- 20 degrees to 24 degrees C
22. summer and winter,
summer means = especially when the American , English people in their countries when their countries are experiencing the cold part of the season , they will travel to Asia to enjoy the " sun shine " the beaches --- for sun bathes.
winter = cold , dark , gloomy , have to hibernate
in the dark room of the house = KLSE
22. day and night
day = one day , you age in wisdom or stupidity
night = you are older by another day
22. will never cease.”
mean all these happenings of life ,
will never cease unless you as market participant
have exited in KLSE.
And yet KLSE will never cease EVEN YOU EXITED FROM KLSE ;
The Group primarily operates in the cultivation, processing and refining of oil palm.
TSH Resources Berhad (Company No. 49548-D) (TSH) has had a modest start in the plantation industry where it all began in Sabah, Malaysia. We are growing from strength to strength as we aggressively expand and grow our plantations by acquiring land in the Indonesian region.
TSH has over the years developed a strong platform to spur growth— increasing its land bank, leveraging on advanced oil palm tissue culture technology and developing its people with the set up of its plantation training centre.
TSH believes that these strategic components will set the stage for sustainable growth in the coming years while ensuring that it stays competitive as an aspiring regional plantation player.
Latest Highlights:
HIGHEST PROFIT GROWTH COMPANY Highest Compound Growth in PBT
&
BEST PERFORMING STOCK Highest Returns to Shareholders
TSH Resources has several plantations and mills across Sabah, East Malaysia as well as parts of Sumatera and Kalimantan, Indonesia.
With its humble beginnings in Sabah, TSH has built up its plantation footprint and activity with aggressive expansion of its land bank in the region. Our plantations including associated companies are strategically located with approximately 50,000ha in planted areas across Sabah as well as parts of Kalimantan and Sumatra, Indonesia. Our unplanted land bank of about 65,000ha will keep us busy for many years to come and we are always on the lookout for more strategic acquisitions as part of our expansion plans. We are also confident that the young maturity profile of our palms in Indonesia is indicative of our positive growth prospects. TSH has also targeted new plantings of 4,000-5,000ha per year, allowing sustainable growth to the Group.
Tissue culture technology has contributed significantly to the development and productivity of oil palm. In keeping with the industry and the advancements in technology today, TSH has invested considerably in our research and development efforts for many years. We have now commenced commercial production of our Wakuba ramets and have started to plant these on our plantations in Indonesia. This is an important milestone for TSH as we achieve better yields and returns from our plantations that will accelerate growth objectives.
TSH was awarded a 100-year concession to carry out forest rehabilitation, environmental conservation and industrial tree planting on 123,000ha of forest land in Ulu Tungud, Sabah. We have also started to diversify and plant rubber as we believe that the addition of rubber is a good combination and spread of our plantation activities. TSH will continue to plant rubber by 1000-1500ha in the next few years, eventually building up to 10,000ha of planted rubber in order to capture the exciting potential of the rubber sector as well as increase our plantation footprint.
As we grow, so do our people. TSH is a firm believer that people are an important and integral component in sustaining our business in the long term. As a result, our Plantation Training Centre was established in 2005 in Central Kalimantan complete with facilities. The centre has successfully churned out a large number of students, all of whom have started out on their rewarding careers on our plantations. The pool of talents form a strong platform that enable TSH to implement its expansion plan.
“TSH is also increasing its milling capacity in Indonesia to support its upstream activity. Moving down mid-stream, TSH has a 50-50 joint venture refinery with Wilmar International Ltd in Sabah with a capacity of up to 800,000mt per annum.”
Going forward, our plantations are expected to be the main driving force of TSH, forming almost the entire Group’s earnings in 2011. With over 70% in young and immature hectarage, we can expect a rich harvest in the next several years. This will also translate to more resilient earnings with steady Fresh Fruit Production (FFB) growth. Ultimately, TSH hopes to realize its objective of becoming a significant regional plantation player via its quest to expand its land banks and planted areas.
Please view on 2 video clips --- TSH showing the company practises sound, sustainable cultivation methods ;
in compliance with the principles and best practices of sustainable cultivation.
He was the only Malaysian selected by the United Nations Conference on Trade and Development to represent Malaysia at the International Trade Conference held in Paris, New York and London in 1989. At the age of 40, under the Ministry of Plantation Industries and Commodities, he was appointed as Chairman of the Malaysia Cocoa Board, a federal statutory research and development agency for 8 years from 1997 to 2004.
With his leadership and astute business acumen, TSH Resources was awarded the Highest Profit Growth Company in the plantation sector for 2013 and 2014 by The Edge Billion Ringgit Club and acknowledged by Maybank with the accolade The Best Crude Palm Oil (CPO) Yield 2013.
The Ministry of Higher Education appointed Kelvin to the board of directors of University of Malaysia Sabah (Universiti Malaysia Sabah) on 1 August 2017. He also extended his services as Honorary Director of Sabah Chinese High School.
He has gained much recognition for his work and the contributions that he has made to environmental conservation and forestry. In recognition, he was conferred an Honorary Doctorate in Philosophy (Agroforestry) by the University of Malaysia Sabah in September 2006. The youngest recipient of the Honorary Doctorate.
Kelvin was first Conferred Pingat Panglima Gemilang Darjah Kinabalu (PGDK) that carries the title Datuk by the Governor of Sabah, Tun Datuk Seri Panglima Hj Sakaran bin Hj Dandai on the 16 September 1998.
On 19 April 2009, he was also Conferred Darjah Dato’ Paduka Mahkota Perak (DPMP) award that carries the title Dato’ by the Sultan of Perak, Sultan Azlan Shah.
Dato’ Aik Sim, Tan Group Managing Director
Dato’ Aik Sim, Tan was appointed as Group Managing Director on 1 January 2009 after serving as Chief Executive Officer since 1 September 2006. He was appointed to the Board of Directors of the Company on 27 February 1992. He is also the Group Managing Director of Ekowood International Berhad (“Ekowood”) and sits on the board of various subsidiary companies of TSH. He obtained Bachelor’s Degrees in both Economics and Engineering from Monash University, Australia in 1988.
He joined the Group in 1989 and over the years was heavily involved in its various business units and their operations. He had a major hand in setting up CocoaHouse Sdn Bhd’s manufacturing facilities and its operations and played a leading role in the listing of TSH in 1994.
He was appointed the Chief Executive Officer of Ekowood in 1994 to spearhead the establishment of the integrated timber complex from a green field site. He was subsequently appointed its Group Managing Director in 2009 and played a pivotal role in its rapid growth, elevating it into an international and award-winning brand to be reckoned within the engineered hardwood flooring industry.
He has also played a big part in the development of the Group’s oil palm business, in particular, its expansion into Indonesia which has significantly enlarged the Group’s operations. In addition as Group Managing Director, he also charts the strategy for sustainable long-term growth of the Group.
Dato’ Jasmy bin Ismail Independent Non-Executive Director
Dato’ Jasmy bin Ismail was appointed as an Independent Non-Executive Director of TSH on 4 June 2014. He also serves as the Chairman of the Remuneration Committee and member of the Audit Committee. He obtained his Chartered Institute of Logistics and Transport in the United Kingdom and Master of Science (Msc) in Transport Management from City University, London.
In 1988, Dato’ Jasmy joined IBM Malaysia and held various positions within the Sales and Marketing Division, responsible mainly for the Public Sector and Financial Service Industries. Prior to leaving IBM Malaysia, he was the Executive Assistant to the Chief Executive Officer of IBM Malaysia.
Dato’ Jasmy joined CCAAP Technologies Sdn. Bhd. as General Manager in 1996. He was also the Executive Director of New Technology & Innovation Sdn. Bhd.
In 2000, Dato’ Jasmy co-founded Symphony Global Technologies Sdn. Bhd. and was involved in the formulation of Symphony House Berhad which was then listed on Bursa Malaysia Securities Berhad in 2003. He was the Chief Executive of Symphony’s Technology Services Division. He also served as the Chairman of Symphony BCSIS Sdn. Bhd., a joint-venture company with OCBC Singapore’s subsidiary, BCS Information Systems Pte. Ltd. (“BCSIS”) and held the position until 2007. He was also an Independent Non-Executive Director of Malaysia Building Society Berhad up to February 2018. Presently he is the Chief Executive of SGT International Sdn. Bhd. and a director of several other private limited companies.
He is currently an Independent Non-Executive Director of Symphony Life Berhad and Naza TTDI Sdn Bhd. He is also an appointed Council Member of the Badminton Association of Malaysia.
WILL TSH RESOURCES RISE UP TO REACH RM2.08?
Remarks
Recently ; IJM Plantation/ 2216 taken on take over exercise by KL Kepong
TSH Resources is disposing of its two pieces of plantation land bank totaling 3,007ha together with a 40mt/hour palm oil mill in Sabah for a total cash consideration of RM248m. The group is expected to recognise one-off gain of RM104.3m in the 1QFY22. We deem the offer is attractive as it is valued based on EV of RM82,474/ha or P/B of 1.48x. Based on our calculation, we think it is an earnings accretive deal for the group as it could potentially bump up its earnings by as much as RM8m after taking into the consideration of significant interest savings despite the loss of income from the CPO production. Pending the completion of the proposal disposal, we retain our Outperform call with an unchanged
TP of RM1.46 based on 24x FY22 EPS.
Salient details of the proposed disposal.
The two pieces of leasehold plantation land bank for divestment are located in Kinabatangan, Sabah. The tenure for the first piece has a balance of 56 years while the second piece has a balance of 75 years. Both estates are adjacent to each other and the weighted average age of the estate’s palm trees is approximately 18 years. Approximately 74% of the planted area is more than 21 years of age and is due for replanting. The total FFB production from these two plantations stood at 50,388mt in FY20. Meanwhile, the 20-year-old palm oil mill is located at the Ladang Ong Yah Ho and it mainly processes the FFB produced around the vicinity. The buyer of the plantation assets is an unlisted company, Sharikat Keratong S/B, led by a Chang family. Improving gearing level. Management guided that the proceeds of RM248m from the proposed disposal will be used to pare down its borrowings. As of end-2020, it is sitting in a net debt position of RM1.1bn and a net gearing of 0.71x. Upon completion, the proceeds would be utilised to pay off debt, thereby, reducing its net gearing to 0.53x. It can have an annual interest savings of up to RM11.6m if it tends to settle the relatively high interest cost terms loans. In addition, the Group would be able to save capex for land clearing and replanting in the coming years as a significant portion of the estates are due for replanting. The improved gearing will also provide capacity to raise additional funding to accelerate development of its remaining unplanted plantation lands in Indonesia.
Reducing group’s FFB by 5.9%. Upon the completion of the proposed disposal, TSH will see a reduction of FFB production by about 5.9% to 855,786mt (using FY20 numbers as the base). Meanwhile, TSH’s planted area in Sabah will nearly halve to 3,169ha while group planted area will reduce by almost 10% from 31,456ha to 28,449ha. Lucrative return of investments. All three plantation assets have a combined audited net book value of RM167.1m and the total cost investment involved is RM61.3m. In our view, we think the offer, which is valued based on EV of RM82,474/ha or P/B of 1.48x, is deemed attractive. The group is expected to recognise one-off gain of RM104.3m in the 1QFY22
Source: PublicInvest Research - 7 Jul 2021
================================================
SEE_RESEARCH
Noted as one of the MAIN CATALYST OF THIS SPECIAL GAIN; WILL DRIVE TSH INTO an uptrend mode; with panic & frenzy buying orders
The group is expected to recognise one-off gain of
THE ABOVE IS NOT A BUY OR SELL CALL AND IS ONLY A PERSONAL OPINION, WRITTEN AS ARTICLE FOR SHARING PURPOSES TO KLSE COMMUNITY MEMBERS.
DISCLAIMER: Investment involves risks, including possible loss of investment and other losses.
This article and charts are provided for information only and should not be construed as a solicitation to buy or sell any of the instruments mentioned herein. The author may have positions in some of these instruments. The author shall not be responsible for any losses or profits resulting from investment decisions based on the use of the information contained herein. If investments and other professional advice is required, the services of a licensed professional person should be sought.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
With its humble beginnings in Sabah, TSH has built up its plantation footprint and activity with aggressive expansion of its land bank in the region. Our plantations including associated companies are strategically located with approximately 50,000ha in planted areas across Sabah as well as parts of Kalimantan and Sumatra, Indonesia. Our unplanted land bank of about 65,000ha will keep us busy for many years to come and we are always on the lookout for more strategic acquisitions as part of our expansion plans. We are also confident that the young maturity profile of our palms in Indonesia is indicative of our positive growth prospects. TSH has also targeted new plantings of 4,000-5,000ha per year, allowing sustainable growth to the Group.
