how high can it be recovered from here?

52 Weeks Range: 0.09 - 0.41

Good indicator. Urusharta sold off before oil price started to rebound strongly since yesterday, no longer a major shareholder now. Last time, when urusharta dumped mct shares, it fell below 10sen and now recovered to 17sen. The same effect will happen to velesto especially the oil price has recovered substantially now?


URUSHARTA JAMAAH SDN BHD 05-Nov-2020 Notice of Person Ceasing 27,462,900

The recent ICPS pumped in a lot of money. Acquired 100mil shares of meridian with an unrealised profit of rm7mil+

Mydin project confirmed, timber loss making biz sold off, glove factory to be set up .., top mgt is really keen on turning it profitable

Further update on the glove factory set up in negeri sembilan will be interesting, land pun sudah beli

Statistics
52w high/low (MYR)
3m avg turnover (USDm) Free float (%)
Issued shares (m) Market capitalisation
Major shareholders:
D&D Consolidated Sdn. Bhd. Employees Provident Fund Kumpulan Wang Persaraan
Price Performance
1.60 1.50 1.40 1.30 1.20 1.10 1.00 0.90 0.80 0.70 0.60 0.50
Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20
Mynews - (LHS, MYR)
Absolute (%) Relative to index (%) Source: FactSet
Mynews / Kuala Lumpur Composite Index - (RHS, %)
-1M -3M -12M
3 (18) (57) 1 (15) (56)
1.35/0.58 0.1 28.0 682 MYR405.9M USD98M
57.4% 5.7% 4.8%

:)

Promising news regarding an effective COVID-19 vaccine led investors away from market leaders and toward cyclical stocks associated with economic recovery.
TheStar11 Nov, 2020 06:33am - an hour ago

Good to enrich employees accordingly. 15% stake can facilitate management buyout also if any :)


NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME INVOLVING UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES ("PROPOSED ESOS")
PERMAJU INDUSTRIES BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description
PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME INVOLVING UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES ("PROPOSED ESOS")
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 16 October 2020 in relation to the Proposed ESOS, where applicable, unless stated otherwise or defined herein.)



Reference is made to the earlier announcement in relation to the Proposed ESOS dated 16 October 2020.



On behalf of the Board, Mercury Securities is pleased to announce that Bursa Securities has, vide its letter dated 23 October 2020, approved the listing of such number of new Shares, representing up to 15% of the total number of issued Shares (excluding treasury shares) to be issued pursuant to the Proposed ESOS.



The approval by Bursa Securities for the above is subject to the following conditions:-



(i) Mercury Securities is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy (“CTC”) of the resolution passed by the Shareholders in general meeting; and



(ii) Permaju is required to furnish Bursa Securities on a quarterly basis a summary of the total number of Shares listed pursuant to the Proposed ESOS, as at the end of each quarter together with a detailed computation of listing fees payable.





This announcement is dated 23 October 2020.

NTA 0.6700
PTBV 0.28
RPS 11.47
PSR 2
Market Cap 92.9M
RSI(14) Neutral 47.1
Stochastic(14) Neutral 45.5
Average Volume 29,342,100
Relative Volume 0.4

Probably, for this purpose :)

Sabah-based Permaju plans to set up a production facility in Seremban, Negri Sembilan, investing between RM150 million and RM200 million, sources said. KUALA LUMPUR: Property developer Permaju Industries Industries Bhd is venturing into the glove manufacturing business as demand for rubber gloves continues to advance worldwide amid the Covid-19 pandemic.


NOTICE OF 24TH ANNUAL GENERAL MEETINGNOTICE IS HEREBY GIVEN THAT the Twenty-Fourth (24th) Annual General Meeting (“AGM”) of PERMAJU INDUSTRIES BERHAD (“Permaju” or “the Company”) will be conducted virtually through live streaming from the broadcast venue at Lot 18.2, 18th Floor, Menara Lien Hoe, No. 8 Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor on Monday, 30 November 2020 at 10.00 a.m. for the transaction of the follo

To consider and, if thought fit, to pass the following resolutions:8.Proposed authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act, 2016“THAT subject to passing of the Special Resolution 1 of the Notice of AGM dated 30 October 2020, and subject to the Companies Act, 2016 (“the Act”), the Constitution of the Company, the Main Market Listing Requirements (“Listing Requirements”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), Additional Temporary Relief Measures to Listed Corporations for Covid-19, issue by Bursa Securities on 16 April 2020 and subject to the approvals of the relevant governmental/regulatory authorities, the Directors be and are hereby authorised and empowered pursuant to Sections 75 and 76 of the Act, to issue and allot shares in the Company, at any time to such persons and upon such terms and conditions and for such purposes as the Directors may, in their absolute discretion deem fit, provided that the aggregate number of shares to be issued pursuant to this resolution does not exceed twenty per centum (20%) of the total number of issued shares of the Company (excluding treasury shares) at any point in time (“20% General Mandate”); AND THAT the Directors be and are hereby also empowered to obtain approval from the Bursa Securities for the listing and quotation of the additional shares so issued pursuant to the 20% General Mandate on Bursa Securities;




KUALA LUMPUR: Property developer Permaju Industries Industries Bhd is venturing into the glove manufacturing business as demand for rubber gloves continues to advance worldwide amid the Covid-19 pandemic.


Sabah-based Permaju plans to set up a production facility in Seremban, Negri Sembilan, investing between RM150 million and RM200 million, sources said.

The company owns 121.4 hectares of land in Seremban.

No. Address
Description of
property and
Existing use Tenure
Expiring
Date
Land Area
(Acre)
Net book
value as at
30.06.2020
(RM)
1. HSD 160571 to 160573,
Lot PT Nos. 26665 to 26667
respectively, Mukim of Setul,
Seremban, Negeri Sembilan
Timber Plantation 99 10.06.2103 299.98
acres
23,009,121

@
Godofgambler https://www.nst.com.my/business/2020/06/599088/developer-turns-glove-m...
10/11/2020 7:11 PM



**************************Disclaimer: Consult your fund manager for any investment decision, etc

Bagus, dah tiada bisnes pembalakan lagi :)


The Group had completed the disposal of its subsidiaries
involved in its timber business, which were loss-making,
on 15 June 2020.

The positive signs in the 2019 property market are seen to have diluted due the aftermath of COVID-19 pandemic. The pandemic has immensely taken its toll on the world economies and the Malaysian economy, in particular tourism-related sectors such as airlines, retail, food and beverage and hospitality as well as the manufacturing and selected services sector.
The nationwide lockdowns and international travel restrictions imposed by countries to curb the spread of the outbreak has led to the severe decline in tourist arrivals in Q1 2020. According to Tourism Malaysia, the country recorded 4.23 million international tourist arrivals in Q1 2020, a decrease of 36.8% compared to Q1 2019. The tourist expenditure for Q1 2020 recorded a total of RM12.5 billion, a decrease of 41.5% compared to RM21.4 billion registered in Q1 2019. In line with the MCO, the Ministry of Tourism, Arts and Culture has cancelled the Visit Malaysia 2020 campaign with effect from 18 March 2020.

The positive signs in the 2019 property market are seen to have diluted due the aftermath of COVID-19 pandemic. The pandemic has immensely taken its toll on the world economies and the Malaysian economy, in particular tourism-related sectors such as airlines, retail, food and beverage and hospitality as well as the manufacturing and selected services sector.
The nationwide lockdowns and international travel restrictions imposed by countries to curb the spread of the outbreak has led to the severe decline in tourist arrivals in Q1 2020. According to Tourism Malaysia, the country recorded 4.23 million international tourist arrivals in Q1 2020, a decrease of 36.8% compared to Q1 2019. The tourist expenditure for Q1 2020 recorded a total of RM12.5 billion, a decrease of 41.5% compared to RM21.4 billion registered in Q1 2019. In line with the MCO, the Ministry of Tourism, Arts and Culture has cancelled the Visit Malaysia 2020 campaign with effect from 18 March 2020.

Be patient on this project, not a must to do it with anzo :)

Permaju Industries clarified that its plan to venture into glove manufacturing jointly with Anzo, is still at the discussion stage. In a filing with Bursa Malaysia, Permaju stressed that no joint venture has yet to be formed.

Malaysia is in decline in terms of disposal income, etc. Sooner or later people will go to mynews for breakfast, lunch or dinner like Filipinos going to convenience store for such purposes.

Mynews is very potential now and in future

EPF dan dana asing beli, anda??

NAV 67sen, p/b value ~0.25x still cheap ok

Share 25-33.5sen is possible:)

Wait for offer for privatisation or mgmt buyout fingers crossed. ESOS announced could help mgmt buyout too :)

Peluang untuk pemulihan betapa cerah :)

52 Weeks Range: 0.545 - 1.30

Change in Principal Officer

MYNEWS HOLDINGS BERHAD

Date of change 01 Nov 2020
Name MADAM LOW CHOOI HOON
Age 49
Gender Female
Nationality Malaysia
Type of change Appointment
Designation Chief Executive Officer
Qualifications

No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Degree
i) ICF (International Coaching Federation) Trained and Certified Professional Coach ( 2010)
ii) Bachelor of Business Administration(BBA) with First Class Hons. (1995)(Finance and Investment)
• Corporate Coach Academy Malaysia
• University Utara Malaysia
- Completed Leadership Program under L’Oreal Paris in France 2013 and Sara Lee International with IMD Switzerland in 2007.
-Multiple Regional and Int'l Award Winners for Brand & Marketing Campaigns.

Working experience and occupation - Sept 2019 to Oct 2020 : Consultant with myNEWS Retail Sdn Bhd with focus on Business Strategies and Process Streamlining
- February 2017 to July 2019: Chief Operating Officer for Etika Sdn Bhd. Commercial & P&L Responsibilities for Etika Sdn Bhd which consist of Etika Distribution S/B. Etika Vending S/B, Etika Fresh Milk S/B and Etika Private Limited for Singapore. Full Commercial Scope for Malaysia, Brunei and Singapore.
- July 2014 to August 2016: General Manager for Disposable Soft Goods (M) S/B and Disposable Soft Goods Private Limited Singapore which are wholly owned by Disposable Soft Goods International ( public listed in Thai Stocks Exchange). Country Head for Malaysia, Brunei and Singapore. Full Commercial, Manufacturing and Export with full P&L responsibilities.
- April 2012 to May 2014: General Manager for Consumer Division for Loreal Malaysia Sdn Bhd (60% Revenue Contribution) with scope of P&L responsibility and direct control of Sales, Customer Relationship, Marketing, Finance and Trainers.
- July 2000 to Oct 2011 : Joined Sara Lee Malaysia as Marketing Manager, promoted to Marketing Director in 2003 with scope in Marketing, Innovation, R&D, Regulatory, QA and Corporate PR. Assumed additional responsibilities as Director to Sara Lee South East Asia S/B. Board Member for both companies.
- July 1995 to June 2000 : Started as Management Trainee Unilever Malaysia S/B and promoted to Brand Manager in within 3 years with focus in full 360 Brand Development and Management.
Directorships in public companies and listed issuers (if any) NIL
Family relationship with any director and/or major shareholder of the listed issuer NIL
Any conflict of interests that he/she has with the listed issuer NIL
Details of any interest in the securities of the listed issuer or its subsidiaries NIL


Remarks :
She is appointed as Chief Executive Officer - Retail with effect from 1 November 2020.

Announcement Info
Company Name MYNEWS HOLDINGS BERHAD
Stock Name MYNEWS
Date Announced 30 Oct 2020
Category Change in Principal Officer
Reference Number C04-28092020-00004

Esok lagi menarik .

Semoga bahagia :)

Date Close Volume
10 Nov 2020. 18.5sen. 10mil shares++
09/11/2020 0.175 4,567,000
06/11/2020 0.18 15,010,400
05/11/2020 0.18 10,725,800
04/11/2020 0.17 7,143,800
03/11/2020 0.165 9,625,700
02/11/2020 0.165 4,970,100
30/10/2020 0.17 9,115,400
28/10/2020 0.18 2,917,100
27/10/2020 0.18 6,521,500
26/10/2020 0.175 9,838,400
23/10/2020 0.18 15,315,200
22/10/2020 0.19 6,439,200
21/10/2020 0.19 21,516,300
20/10/2020 0.205 67,447,800
19/10/2020 0.185 7,304,500
16/10/2020 0.19 4,670,700
15/10/2020 0.185 3,783,500
14/10/2020 0.19 11,338,800
13/10/2020 0.185 7,596,800

pakar graf yang memberitahu, bukan aku :) kebetulan yang terindah


Target Price RM0.205, RM0.225
Last closing price RM0.190
Potential return 7.8%, 18.4%
Support RM0.180
Stop Loss RM0.160
Possible for further rebound. PERMAJU formed a bullish engulfing candlestick pattern yesterday, of which signifies a potential halt in its prior downtrend. Slightly improved RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term. Should resistance level of RM0.205 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.225.

However, failure to hold on to support level of RM0.180 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 2 Oct 2020

EPF, foreign funds with their skilled analysts are grabbing... tunggu apa lagi, bukan? haha

IPO price was RM1.10... almost 50% discount from IPO price... lelong/fire sale price kot


RM1.10 per share formerly known as Bison
Bison Consolidated Berhad, a convenience retailing company is scheduled to be listed in Main Market of Bursa Malaysia on the 29th March 2016. The Initial Public Offering (IPO) consists of 80.62 million ordinary shares at an IPO price of RM1. 10 per share at RM0.Mar 7, 2016

buy if u still have the ability. It is much cheaper than VT's 7-11, etc... Malaysians like filipinos, thais, etc with lower disposable income, in future, they will likely to have breakfast, lunch or even dinner at mynews and its korean outlets soon :)



ABERDEEN ASSET MANAGEMENT PLC 20-Oct-2020 Acquired 1,080,300 0.000 View Detail
ABERDEEN ASSET MANAGEMENT PLC 19-Oct-2020 Acquired 189,900 0.000 View Detail
ABERDEEN ASSET MANAGEMENT PLC 15-Oct-2020 Acquired 1,000,000 0.000 View Detail
ABERDEEN ASSET MANAGEMENT PLC 14-Oct-2020 Acquired 160,500 0.000 View Detail
ABERDEEN ASSET MANAGEMENT PLC 13-Oct-2020 Notice of Interest 34,509,000 0.000 View Detail
ABERDEEN STANDARD INVESTMENTS (MALAYSIA) SDN BHD 20-Oct-2020 Acquired 1,080,300 0.000 View Detail
ABERDEEN STANDARD INVESTMENTS (MALAYSIA) SDN BHD 19-Oct-2020 Acquired 189,900 0.000 View Detail
ABERDEEN STANDARD INVESTMENTS (MALAYSIA) SDN BHD 15-Oct-2020 Acquired 1,000,000 0.000 View Detail
ABERDEEN STANDARD INVESTMENTS (MALAYSIA) SDN BHD 14-Oct-2020 Acquired 160,500 0.000 View Detail
ABERDEEN STANDARD INVESTMENTS (MALAYSIA) SDN BHD 13-Oct-2020 Notice of Interest 34,509,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 20-Oct-2020 Acquired 632,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 19-Oct-2020 Acquired 111,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 15-Oct-2020 Acquired 585,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 14-Oct-2020 Acquired 94,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 13-Oct-2020 Acquired 1,429,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 12-Oct-2020 Acquired 1,089,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 08-Oct-2020 Acquired 174,400 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 07-Oct-2020 Acquired 116,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 06-Oct-2020 Acquired 2,176,100 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 05-Oct-2020 Acquired 93,700 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 01-Oct-2020 Acquired 55,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 22-Sep-2020 Acquired 258,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 21-Sep-2020 Acquired 174,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 18-Sep-2020 Acquired 164,100 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 17-Sep-2020 Acquired 135,900 0.000 View Detail

Bagus, beli meridian pada harga yang rendah. Banyak potensi dalam pelancongan tempatan/domestik sebab ramai orang tak akan melancong di luar negara dan juga pendapatan rakyat terjejas.


Beli 100m syer pada 26sen/syer, kini, dah 33sen. untung tak direalisasi~RM7juta, terkacak, cool! :)


Prospects of Meridian



Meridian currently is developing its flagship project, Malaysia Tourism City (“MTC”) at Kuala Linggi, Melaka. The ultimate goal for MTC is to increase the arrival of tourist and prolong the overnight stay. The project comprises of leisure and entertainment, commercial, retail and residential components. MTC will feature the world’s first Hasbro branded water-themed park, Asia’s largest weekend market and outdoor adventure park.



This project is located at Kuala Linggi, Melaka where is a well-known tourist destination. It is a perfect weekend getaway near Kuala Lumpur. The project is expected to boost consumer spending, increase tourist inflow as well as to encourage local business and employment opportunity. It is believed that Meridan and Permaju may benefit mutually should there be any business tie-up.



This announcement is dated 27 October 2020.

Dah untung, harga meridian kini adalah ~33sen per syer


PERMAJU INDUSTRIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PERMAJU INDUSTRIES BERHAD ("Permaju" or "the Company")
- INVESTMENT IN MERIDIAN BERHAD ("Meridian")
The Board of Directors of Permaju wishes to announce that its wholly owned subsidiary, Iconworld Resources Sdn Bhd, had on 22 October 2020 acquired 100,000,000 ordinary shares of Meridian, representing 16.97% of issued shares of Meridian, at RM0.26 per share (“Meridian Shares”) for a total cash consideration of RM26,000,000.00 (“Consideration”) (“Investment”) via Direct Business Transaction.

Please refer to the attachment for details of the announcement.

This announcement is dated 22 October 2020.

Tengok GP macam ada potensi naik, boleh keep some as part of an investment portfolio kot? :)

Hujung bulan normally

@
Liquidity QR bila Victor?

This deal should Boost GP if jadi :)

Sources familiar with the ongoing developments said the tech firm Green Packet put in two offers last month, an updated binding offer of US$62.5mil assuming the equity conditions were retained and US$81.2mil in an alternative binding offer, if the equity conditions were removed

PETALING JAYA: A new bid by Green Packet Bhd has turned up the heat on the ongoing tussle for Silterra Sdn Bhd, Khazanah Nasional Bhd’s loss-making chip manufacturer.

Sources familiar with the ongoing developments said the tech firm put in two offers last month, an updated binding offer of US$62.5mil assuming the equity conditions were retained and US$81.2mil in an alternative binding offer, if the equity conditions were removed.

How this came about was after Khazanah allegedly shifted the goalpost by opening up the bids to foreign investors, which saw two firms coming in with big bucks to compensate for their failure to meet the local equity criteria, turning the Silterra sale into a whole new ball game.

Taiwanese semiconductor giant Foxconn was said to have ascribed a US$125mil enterprise value for Silterra, of which it would pay US$87.5mil for a 70% stake.

German-based group of semiconductor foundries X-Fab put in a less attractive offer of US$70mil, but was still better than the initial offers by Green Packet and Dagang Nexchange Bhd (DNeX) at US$56.8mil and US$32.7mil respectively.

The equity conditions set by the International Trade and Industry Ministry (Miti) and the Malaysian Investment Development Authority (Mida) required Silterra’s manufacturing plant to be majority local-owned, while foreign participation can only be in minority stakes.



It was clearly spelt out that Siltera had to maintain its equity structure of 55% local, out of which 30% has to be of bumiputra status while the foreign shareholding is up to a maximum of the remaining 45%.

It is learnt that Green Packet and DNeX were told to update their bids after Khazanah extended the tender from its earlier deadline of July 31 to Oct 9 and they were told to assume that the equity condition was removed and Khazanah could retain up to 30%.

Sources said in Green Packet’s latest bid, if the equity conditions were retained, its offer of US$62.5mil includes US$5.7mil for 10% free shares to a Malaysia Inc special-purpose vehicle (SPV) as a as strategic minority shareholder to safeguard national interest in the electrical and electronics (E&E) sector.

“The government can decide if it wants to give the 10% to Mida, Khazanah or the Science, Technology and Innovation Ministry (Mosti).

“This is to allow the government to continue exercising its influence to ensure continuous support towards the local semiconductor and E&E sectors, ” sources said, adding that this arrangement would lead to an effective local ownership of 59.5% with an effective bumiputra ownership of 37.2%.

In Green Packet’s alternative binding offer of US$81.2mil, assuming the foreign ownership control is lifted, sources said the group has proposed that Khazanah retain a 20% stake in Silterra.

Over time, Green Packet’s foreign partner Orient Excellent, which expressed its commitment to fully fund Silterra’s future capital expenditure requirements, will result in a foreign-majority shareholder roster.

Out of the 80%, Green Packet will eventually hold 43.8% while Orient Excellent – a private equity fund which has China’s Finance Ministry and National Social Security Fund as among its shareholders – will hold the other 56.2%.

The effective local ownership here is expected to be 55%, with an effective bumiputra stake of 39.3%.

It is said that the investment by Green Packet will be made through the RM500mil BumiTech Fund, a private equity fund which aims to support the growth of late-stage high technology companies owned by bumiputra entrepreneurs to upscale, expand local and global networks and eventually export technology products and services.

Sources also said what Green Packet had in store for Silterra would be the access to a large network of semiconductor companies such as its collaboration partner Huaqiang Group, which owns the largest distributor of semiconductor components in China, and Konka, a leading electronic conglomerate, also in China.

Silterra will also be the key element in building the Asia SemiCon Hub, the largest semiconductor industrial park in the country which aimed to attract up to RM68bil in investments and create more than 500,000 new jobs over the next 30 years, said the source.

Meanwhile, those with knowledge of the deal said there were chances that Green Packet might not want to take up the Silterra offer after December or January.

This was due to the emergence of newer semiconductor wafer plants in China that were looking at kicking off production in the second half of next year or by 2022.

“If Khazanah doesn’t sell it before that, I don’t think they can get any buyers in the future.

Permaju, makin maju tahun ini dengan banyak projek dibuat, dll :)

Dulu lain, kini lain .

Q3,2020 barangkali boleh untungkah? Finance cost dengan TM takda lagi kan? Harga saham G3 dah melambung, dll.. wait n see later this month :)

Segmental information
Segmental information is provided based on geographical segment by customers' location as follows:-
Results for the financial period ended 30 June 2020 Malaysia Overseas Group RM`000 RM`000 RM`000
Revenue
Software and Devices Communication Services Digital Services
Results
Software and Devices Communication Services Digital Services Investment Holding
Fair value loss on other quoted investment Finance costs
Finance income
Share of net loss of associate
Loss before taxation
Income tax expense
Loss after taxation
Non-controlling interests
Loss after taxation & non-controlling interests
8,585 - 5,540
14,125
(1,674) - (13,490) (8,457)
(23,621)
18,336 259,579
- 277,915
(3,575) (2,624) -
- (6,199)
26,921 259,579 5,540 292,040
(5,249)
(2,624) (13,490) (8,457) (29,820) (8,242) (9,673)
224 (47,511) (1,010) (48,521) (63)
(48,584) 2,527
(46,056)

The current price to book ratio for Uber Technologies as of November 06, 2020 is 7.68. Uber is losing money too like GP.

GP -p/b value ~2x.

But does GP has the potential like uber?

A million $ Question

Sekian!!!

Dulu, niat GP untuk mendirikan bank digital yang menyebabkan harga syernya mencecah RM1.65 kan? I rasa BNM akan menawarkan lesen digital bank tak lama lagi kot :)

Green Packet gets ready for digital bank | The Star
18 May 2020 — TWO months after returning to the helm of Green Packet Bhd, technology whiz C.C. Puan laid out his ...
Imagewww.theedgemarkets.com › article
Green Packet buys e-KYC firm in bid to be full-fledged digital ...
16 Jun 2020 — Set to offer a complete end-to-end solution to banks and financial institutions, Green Packet Bhd is ...
www.theedgemarkets.com › article
Green Packet hits daily upper limit on digital banking ...
18 May 2020 — Shares in Green Packet Bhd continued its streak to fresh new

GP pernah beritahu bahawa ia akan memohon digital bank lesen, tunggu , makin dekat, kan?


Digital banking holds promising future in Malaysia
06 NOV 2020 / 17:27 H.
Digital banking holds promising future in Malaysia
KUALA LUMPUR: Digital banking holds a promising future in Malaysia and the journey towards establishing digital banks will become a reality with the digital transformation in the Malaysian financial landscape.

The Ministry of Finance (MoF), in its Economic Outlook 2021 report released today, said a digital bank is essentially a virtual bank which operates in a digital environment and is devoid of brick-and-mortar presence of a traditional bank.

However, it said digital banks would offer similar services to that of traditional banks, such as savings and current accounts, withdrawals and transfers, and as such, is expected to revolutionise the financial landscape by offering financial services through digital and automated platforms.


It said currently, Australia, Brazil, Canada, China, Germany, Hong Kong, South Korea, South Africa, Taiwan, the Philippines, the UK, and the US have established their own digital banks while Singapore is expected to issue its digital bank licences in 2020.

“Meanwhile, Bank Negara Malaysia (BNM) is at the stage of finalising the updated Exposure Draft on Licensing Framework for Digital Banks issued on March 3, 2020.

“With this development, Malaysia looks forward to establish several digital banks in the near future, the way for a more vibrant financial services landscape,” it said.

The MoF said the establishment of an effective regulatory ecosystem for digital banks in Malaysia is still in progress with the updated draft by BNM on March 3, 2020 having proposed a balanced approach to enable the admission of digital banks, with strong value propositions while safeguarding the integrity and stability of the financial system.

It said through the framework, up to five licences might be issued subjected to the applicants’ ability to meet the requirements of the Financial Services Act 2013 and the Islamic Financial Services Act 2013.

The ministry said the journey towards the establishment of digital banks is an expected progression in the Malaysian financial market as the country evolves into a digital economy.

It said for the transformation to materialise, a whole new wave of digital products and solutions must be in place, supported by a robust regulatory ecosystem, innovative technology and cultural adaptation to accelerate economic growth and financial inclusion in Malaysia.

Furthermore, it said the COVID-19 pandemic, which has accelerated remote and contactless transactions, also provides the impetus for the establishment of digital banks.

On the other hand, it said the road towards digital banks also requires digital transformation, mastering new skills, adopting new processes, and changing the way business is being done.

Thus, it said all interested parties need to reform their business models and culture and emphasise innovation as well as greater adoption of big data analytics to create a customer-centric orientation.

The ministry said the transition to digital banks may not be straightforward and could disrupt financial services.

Traditional banks, it said, may also form new ventures and apply for a digital bank licence as part of efforts to reform their business model of which the model must also cater to the underserved and unserved segments of society such as low-income individuals, early income millennials, start-ups, as well as small and medium enterprises. -Bernama

Revenue lagi besar atau show profit to sustain current price. P/b value ~2X

OCR, Permaju Industries to develop RM1 billion project in Kota Kinabalu
25 MAR 2019 / 21:29 H.
OCR, Permaju Industries to develop RM1 billion project in Kota Kinabalu

PETALING JAYA: OCR Group Bhd and Permaju Industries Bhd’s 70%-owned subsidiary Hardie Development Sdn Bhd will jointly develop a RM1 billion project in Kota Kinabalu, Sabah.

In a filing with Bursa Malaysia, OCR said its wholly owned subsidiary O&C Construction Sdn Bhd signed a memorandum of under-standing (MoU) with Hardie Development for the Princess Heights Project.


The project is located on 44.28ha of land belonging to Hardie Development.

O&C Construction and Hardie Development intend to jointly develop Stage 2 and Stage 3 of the Princess Heights Project on a 50:50 profit sharing basis.

Stage 2 of the project comprises Phase 1E (four-storey hypermarket) and Phase 1F (80 units of three-storey terraced shop/offices).

Meanwhile, Stage 3 of the project has been allocated for future development of commercial and residential properties, including e-commerce and lifestyle hub.

The gross development value of the project, excluding Phase 1E, is estimated at RM1 billion.

Upon completion of Phase 1E of the project, it will be leased to MYDIN Mohamed Holdings Bhd for a period of 20 years for the establishment and operation of its hypermarket and retail business. The total collectable rental is estimated at RM433 million.

Permaju Industries executive director Yvonne Chai Woon Yun the MoU is part of the group’s overall strategy to diversify into the property development.

“The Princess Heights project, will capitalise on the opportunities and benefits arising from the growth potential of Sabah’s property market. Going forward, we believe this project will further contribute to the company’s future earnings and improve its financial performance.”

KUALA LUMPUR (Sep 1): Permaju Industries Bhd has teamed up with Vsolar Group Bhd for a RM217 million large-scale solar power project in Seremban.

The group said its unit Genbayu Gemilang Sdn Bhd has inked a joint venture (JV) agreement with Vsolar to regulate their relationship as shareholders of Cubetech Asia Sdn Bhd, which is bidding for the project.

"Cubetech Asia intends to submit its tender to build and operate a large-scale solar 4 (LSS4) proposed 50MW plant in Seremban subject to the terms and conditions stipulated in the JV agreement," the group said in a bourse filing.

"The project consists of terms including a concession period under a power purchase agreement with Tenaga Nasional Bhd, spanning 21 years starting from the commercial operation date by Dec 31, 2023," it added.

Under the agreement, Genbayu Gemilang will lease the required land to Cubetech Asia at no cost to undertake the project. The former will hold a 70% stake in Cubetech Asia, while Vsolar will hold the remaining 30% equity interest.

Permaju said Vsolar will manage and operate Cubetech Asia and assist the latter to secure financing for the project via a mixed of equity and debt financing amounting to RM173.6 million and RM43.4 million respectively.

Vsolar is also to assist Cubetech to secure a bid bond amounting to RM1 million and a performance bond totalling RM10 million in the event the latter is awarded with the project.

"The JV agreement will provide opportunities for the parties to establish a strategic partnership for various activities based on the respective parties' expertise and strengths which allow the parties to tap into each other's expertise, networks and resources," said Permaju.

Steps taken by the Group to improve its financial condition
Historically, the Group was principally involved in the sale and distribution of motor vehicles, specifically the operations of dealerships of the Volkswagen and Ford franchises. This automotive segment of the Group has been incurring consecutive losses since 2007 due to the highly competitive environment in the automotive division. In view of this, in 2010, the Group diversified into property development via its 70% subsidiary, Hardie Development Sdn Bhd.
On 16 April 2018, Mercury Securities had, on behalf of the Board, announced that the Company proposes to undertake, amongst others, the Rights Issue of ICPS with Warrants. The Rights Issue of ICPS with Warrants was completed on 21 August 2020, raising a total of RM46.82 million. The proceeds from the Rights Issue of ICPS with Warrants was intended to be utilised mainly for the following:
(i) to fund the development of the Land including the Mydin Project, which will be leased out to Mydin Mohamed Holdings Bhd (“Mydin”) upon completion for a period of 20 years. The Group expects the rental income to be earned upon the completion of the Mydin Project, as well as the development of the surrounding plots to contribute to the Group’s future earnings and improve its financial performance; and
(ii) to increase its inventory levels of its automobiles and spare parts. This increase in inventories is expected to enable the Group to better meet demand for customers’ orders by reducing the average lead time for delivery of automobiles and services. A reduction in average lead time for both delivery of new vehicles as well as spare parts and services is expected to increase customer satisfaction, which may in turn lead to an increase in sales in the future.
Concurrently with the Rights Issue of ICPS with Warrants, the Company had also undertaken the settlement of an amount of RM22,248,918 owing by the Company to certain creditors via the issuance of ICPS (“Debt Settlement”). The Debt Settlement, which was completed on 21 August 2020, has improved the Group’s financial standing and ability to obtain more favourable financing terms by converting its existing debts into ICPS which are not redeemable for cash and are not entitled to any dividends.
In addition to the above, the Group has been implementing cost-cutting measures such as monitoring office expenditure and staff expenses closely for the automotive division. In addition, the Company is also working towards identifying marketing programs to boost the sale of automobiles and after-sales services.
However, the Group anticipates the economic landscape for the automotive industry to remain challenging due to softer demand as a result of the COVID- 19 pandemic as well as stiff competition from other automotive brands. As such, moving forward, the Group will be focusing on the development of the Land as well as delivery of the Mydin Project to generate revenues and profits for the Group moving forward.
Upon completion of the Mydin Project, the Group will earn rental income via the lease of the hypermarket to Mydin. In addition, the operations of a hypermarket on the Land is also expected to improve the demand for the Group’s other property development projects in the vicinity.
14

In addition, the Group has identified the luxury car rental business as a potential new source of revenue for the Group. This represents an expansion from the Group’s existing automotive business which entails the sale and distribution of motor vehicles. The Group intends to leverage on its existing resources and expertise in the automotive business to ensure the success of the new luxury car rental business.
Premised on the above as well as the overview and outlook of the automotive industry, the car rental industry and the property market in Malaysia, the Group is cautiously optimistic of its future prospects moving forward despite a challenging economic outlook ahead as the full impact of the COVID-19 pandemic gradually becomes observable.

Rights issue

On 21 August 2020, the Company completed a rights issue exercise which involved the issuance of 936,309,855 rights ICPS and 93,630,984 Warrants, raising a total of RM46.82 million (“Rights Issue of ICPS with Warrants”).
The said proceeds have been utilised as follows:-
Utilisation of proceeds
Intended timeframe for utilisation from 21 August 2020
Proposed utilisation RM’000
Amount utilised as at the LPD
RM’000
Balance unutilised RM’000
(i) Development of the Mydin Project
(ii) Funding for automotive division
(iii) Repayment of bank borrowings
(iv) Estimated expenses for the proposals
Within 36 months Within 12 months Within 3 months Immediate
38,470 5,000 1,995 1,350
6,842 31,628 5,000 - 1,995 - 1,350 -
15,187 31,628
Total 46,815
Note:-
(1) The Group is currently involved in the construction of a 4-storey Mydin-branded
hypermarket on the Land which has been approved by Dewan Bandaraya Kota Kinabalu (“Mydin Project”). As at the LPD, the construction works for the Mydin Project has yet to commence. The construction works for the Mydin Project is expected to commence in the first quarter of 2021 over a development period of approximately 2.5 years.

Masih gaduh?? Kat gpacket dan permaju, selesa. Takda orang gaduh macam netx :)

For remembrance


Permaju buys 17% stake in Meridian

PERMAJU Industries Bhd has bought a 16.97% stake in construction and property developer Meridian Bhd as part of a move into the property development business in Peninsular Malaysia. The stake buy cost Permaju RM26 million cash and was funded with internally generated funds, it stated in an exchange filing yesterday. The principal activities of Permaju are the provision of management services and investment holding.

Banyak cerita recently

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Puan tak trade lagi kah?

GPACKET Shareholding Changes

Date of change Shares Director/
Substantial Shareholder
04 Sep 2020 Acquired
1,500,000 Mr Puan Chan Cheong
04 Sep 2020 Acquired
1,500,000 Mr Puan Chan Cheong
08 Jul 2020 Disposed
30,000,000 Mr Puan Chan Cheong
08 Jul 2020 Disposed
30,000,000 Mr Puan Chan Cheong
29 Jun 2020 Acquired
10,000 Mr Boey Tak Kong
26 Jun 2020 Acquired
1,330,000 Mr Puan Chan Cheong
26 Jun 2020 Acquired
1,330,000 Mr Puan Chan Cheong
26 Jun 2020 Acquired
5,000 Mr Boey Tak Kong
25 Jun 2020 Acquired
14,260,300 Mr Puan Chan Cheong
25 Jun 2020 Acquired
14,260,300 Mr Puan Chan Cheong

Waiting for update on this venture :)

Date Announced Company Name
Type Subject Description
Shareholder Approval
INTRODUCTION
: 5 JUNE 2020
: PERMAJU INDUSTRIES BERHAD
: Announcement
: Others
: PERMAJU INDUSTRIES BERHAD (“PIB” OR “THE COMPANY”)
INCORPORATION OF NEW WHOLLY-OWNED SUBSIDIARY : No
The Board of Directors of PIB (“Board”) wishes to announce that the Company had on 5 June 2020, incorporated PERMAJU GLOVE SDN. BHD. [Registration No. 202001013397 (1369717-K)] (“PGSB”). (referred to as “Incorporation”).
INFORMATION OF PGSB
PGSB was incorporated on 5 June 2020 and is wholly-owned by PIB with an issued and paid-up capital of RM1.00 comprising 1 ordinary share.
The intended principal activity of PGSB is to manufacture, distribute, buy, sell and generally deal in rubber goods for industrial and commercial purposes and other related goods, wares and merchandise of every nature and description whatsoever.
The Director of PGSB is Mr. Teh Foo Hock. The shareholder of PGSB is as follows:
Name of Shareholder No. of Share Held Percentage of Shareholdings
PERMAJU INDUSTRIES BERHAD 1 100%
RATIONALE OF THE INCORPORATION
The Incorporation is mainly to facilitate the expansion of the business activities of PIB and its subsidiaries (“Group”).
FINANCIAL EFFECTS
The Incorporation will not have any material effect on the issued and paid-up capital of the Company and the substantial shareholders’ shareholding. The Incorporation also does not have any material effect on earnings per share nor net assets per share of the Group for the financial year ending 30 June 2020.
INTERESTS OF DIRECTORS AND/OR SUBSTANTIAL SHAREHOLDERS AND/OR PERSON CONNECTED TO THEM
None of the Directors and/or Major Shareholders of the Company and/or persons connected with Directors and/or Major Shareholders has any interest, direct or indirect, in the Incorporation, except for Mr Teh Foo Hock, the Director of PIB, who is also the sole Director of PGSB.
APPROVAL REQUIRED
The Incorporation is not subject to the approval of the shareholders of the Company.

Bagus lah, top mgmt/insiders tengok permaju Ada masa depan yang cerah mau syernya :)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME INVOLVING UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES ("PROPOSED ESOS")

PERMAJU INDUSTRIES BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY")

PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME INVOLVING UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES ("PROPOSED ESOS")
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 16 October 2020 in relation to the Proposed ESOS, where applicable, unless stated otherwise or defined herein.)



Reference is made to the earlier announcement in relation to the Proposed ESOS dated 16 October 2020.



On behalf of the Board, Mercury Securities is pleased to announce that Bursa Securities has, vide its letter dated 23 October 2020, approved the listing of such number of new Shares, representing up to 15% of the total number of issued Shares (excluding treasury shares) to be issued pursuant to the Proposed ESOS.



The approval by Bursa Securities for the above is subject to the following conditions:-



(i) Mercury Securities is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy (“CTC”) of the resolution passed by the Shareholders in general meeting; and



(ii) Permaju is required to furnish Bursa Securities on a quarterly basis a summary of the total number of Shares listed pursuant to the Proposed ESOS, as at the end of each quarter together with a detailed computation of listing fees payable.





This announcement is dated 23 October 2020.

Any new update for permaju to venture into glove manufacturing will cause the share price to fly immediately if any :)

Permaju latest developer to diversify

Permaju Industries Bhd last week incorporated a wholly-owned subsidiary, Permaju Glove Sdn Bhd (PGSB) to venture into glove manufacturing and is banking on the global shortage of gloves to make the jump in the business.

In a filing with Bursa Malaysia, Permaju said the intended principal activity of PGSB is to manufacture, distribute, buy, sell and generally deal in rubber goods for industrial and commercial purposes.

Permaju said the rationale of the incorporation of PGSB is to facilitate the expansion of the business activities of the group and its subsidiaries," it said.

Permaju is involved in the distribution of Volkswagen and Ford franchise.

It is also involved in property development and owns big parcels of land in Sabah and Seremban, Negeri Sembilan.

The group owns 121.4 hectares of land in Seremban that is suitable for housing projects or industrial activities.

New Straits Times reported that Permaju may set up a production facility in Seremban, investing between RM150 million and RM200 million.

The group may start construction this year, subject to approvals from the relevant authorities.

Permaju intends to manufacture gloves among other rubber-related products for the export market and also to sell in Malaysia.

The biggest glove makers in Malaysia are Top Glove Glove Corp Bhd, Supermax Corp Bhd, Hartalega Holdings Bhd, and Kossan Rubber Industries Bhd and they have seen a surge in demand since the emergence last December of the deadly novel coronavirus or Covid-19 in China.

More than seven million people have been infected and the virus has now claimed over 400,000 lives worldwide.

Last year, global demand for gloves was 290 billion pieces, of which 187 billion were supplied by Malaysia. The current global demand for gloves is more than 300 billion pieces, owing to the pandemic.

Boom time for permaju next year? :)

Dapat projek besar ? :)

Permaju to develop high-rise housing project worth RM2.4 billion
By Kathy B.
July 16, 2020 @ 11:00pm

Permaju to develop high-rise housing project worth RM2.4 billion
Permaju Industries Bhd will undertake the development of a high-rise housing project in Seri Kembangan/Serdang for a reputable developer. File photo of Alam Puteri.
Permaju Industries Bhd is believed to have won a construction contract worth about RM1.2 billion to undertake a massive property development project in Selangor.

Sources in the construction industry said that the contract was awarded by a reputable developer who owns a big plot of land in the Seri Kembangan/Serdang area, located to the south of Kuala Lumpur city centre and about 15km from Cyberjaya.


It is understood, the contract is to build more than 7,000 units of apartments over the next six to seven years.

The highest tower in this development will stand at a height of over 50 floors which may make it the tallest structure in the Seri Kembangan/Serdang area.

Permaju officials were not available for comment at Press time.

The project will be a boom for both Permaju and the construction industry.

Activities in the construction sector had slowed down more than a year ago and further dampened by the Covid-19 pandemic.

Last month Prime Minister Tan Sri Muhyiddin Yassin announced the RM35 billion National Economic Recovery Plan (Penjana) for economic regeneration, which will benefit among others, the construction and property sectors.

GDB Holdings Bhd’s (GDB) subsidiary Grand Dynamic Builders Sdn Bhd has bagged a RM1.25 billion contract from Damai City Sdn Bhd (employer) to complete the construction of 8 Conlay. NST pix by Mohamad Shahril Badri Saali
GDB Holdings Bhd’s (GDB) subsidiary Grand Dynamic Builders Sdn Bhd has bagged a RM1.25 billion contract from Damai City Sdn Bhd (employer) to complete the construction of 8 Conlay. NST pix by Mohamad Shahril Badri Saali
To encourage the growth of the property sector, the government reintroduced the Home Ownership Campaign (HOC), which offers stamp duty exemption on the first RM1 million of a property's value on the Memorandum of Transfer for properties priced from RM300,000 to RM2.5 million, and 100 per cent stamp duty exemption for the financing agreement under the Penjana plan.

The exemption is applicable between June 1, 2020, to May 31, 2021, subject to properties that are priced at a 10 per cent discount provided by developers.

The government also announced an exemption on real property gains tax (RPGT) for Malaysians for disposal of up to three properties between June 1, 2020, and December 31, 2021.

"The developer decided to kick-start construction after the Penjana plan was announced as they are now more confident in the market recovering. They received approval to develop the project last year but had put it on hold and feel now is a good time to re-start," said a source.

It is firmly believed that the estimated gross development value is in the region of RM2.4 billion.

Permaju will come in as a design and build contractor.

It is unclear if Permaju will also help in selling the apartments.

Permaju, through its subsidiary companies, is involved in the trading of motor vehicles, timber plantation, construction, and property development.

Through Hardie Development Sdn Bhd it had developed a project called Alam Puteri, a mixed housing estate located in Kota Kinabalu, Sabah.

Hm :)


Date Price Open High Low Vol. Change %

Nov, 2020 0.450 0.455 0.480 0.445 13.42M -2.17%
Oct, 2020 0.460 0.515 0.570 0.450 671.97M -8.91%
Sep, 2020 0.505 0.560 0.570 0.495 202.39M -9.82%
Aug, 2020 0.560 0.525 0.760 0.515 839.16M 6.67%
Jul, 2020 0.525 0.505 0.675 0.490 1.10B 5.00%
Jun, 2020 0.500 0.840 0.920 0.500 1.44B -40.12%
May, 2020 0.835 0.610 1.650 0.605 1.04B 35.77%
Apr, 2020 0.615 0.480 0.640 0.470 147.32M 25.51%
Mar, 2020 0.490 0.695 0.735 0.395 66.49M -31.47%
Feb, 2020 0.715 0.635 0.935 0.605 229.30M 11.72%
Jan, 2020 0.640 0.690 0.695 0.620 30.30M -7.25%
Dec, 2019 0.690 0.725 0.730 0.685 22.43M -4.83%
Nov, 2019 0.725 0.730 0.745 0.670 156.64M -1.36%
Oct, 2019 0.735 0.750 0.770 0.700 199.66M -2.65%
Sep, 2019 0.755 0.625 0.775 0.605 300.31M 21.77%
Aug, 2019 0.620 0.605 0.650 0.515 247.06M -0.80%
Jul, 2019 0.625 0.355 0.630 0.350 656.59M 76.06%

CORPORATE
STRUCTURE
100% 100% 100%
100% 100%
AUTOMOTIVE CERGAzAM SDN BHD
Provision of management and other services
CERGAz AUTOHAUS SDN BHD
Trading of motor vehicles and provision of related services
CAPITAL INTERTRADE SDN BHD
Trading of motor vehicles and provision of related services
TP AUTO SDN BHD
Dormant
CERGAzAM AUTOWORLD SDN BHD
Dormant
TEAM JAPS SDN BHD
Ceased operation
PROPERTIES DEVELOPMENT HARDIE DEVELOPMENT SDN BHD
Property Development
TIMBER
GENBAYU GEMILANG SDN BHD
Timber Plantation
RINTISAN BUMI (M) SDN BHD
Ceased operation
OTHERS
ICONWORLD RESOURCES SDN BHD
Dormant
PERMAJU GLOVE SDN BHD
Manufacture, distribute, trading in rubber goods

CORPORATE
INFORMATION
Board of Directors
AUDIT AND RISk MANAGEMENT COMMITTEE
Ho Pui Hold
Independent Non-Executive Director Chairman
Mark Chew Shin Yong
Independent Non-Executive Director Member
Jean-Michel Fink
Independent Non-Executive Chairman Member
REMUNERATION COMMITTEE
Mark Chew Shin Yong
Independent Non-Executive Director Chairman
Ho Pui Hold
Independent Non-Executive Director Member
Jean-Michel Fink
Independent Non-Executive Chairman Member
Jean-Michel Fink
Independent Non-Executive Chairman
Chai Woon Yun
Executive Director
Tang Boon koon
Executive Director
Mark Chew Shin Yong
Independent Non-Executive Director
Ho Pui Hold
Independent Non-Executive Director
NOMINATION COMMITTEE
Mark Chew Shin Yong
Independent Non-Executive Director Chairman
Ho Pui Hold
Independent Non-Executive Director Member
Jean-Michel Fink
Independent Non-Executive Chairman Member