Associate of gpacket, believe gp dapat g3 kelak kot :)

Wow... enough untung ... cabut dulu, pergi ke gpacket dan permaju tengok tengok :)

Rebound can happen anytime like netx or even greater :) fingers crossed

Date Price Open High Low Vol. Change %
Nov, 2020 0.180 0.170 0.190 0.160 4.57M 5.88%
Oct, 2020 0.170 0.170 0.215 0.165 354.90M 0.00%
Sep, 2020 0.170 0.300 0.465 0.170 1.19B -43.33%
Aug, 2020 0.300 0.325 0.375 0.255 399.46M -6.25%
Jul, 2020 0.320 0.255 0.355 0.245 781.39M

May your wish be fulfilled :)

Board: MAIN
Sector: Consumer
Avg Volume (4 weeks): 11,886,736
4 Weeks Range: 0.16 - 0.215
52 Weeks Range: 0.16 - 1.07
Average Price Target: 1.02
Price Target Upside/Downside: +0.84

G3, associate gpacket, syernya boleh bagi balik shareholders gpacket soon kot? :)

G3 GLOBAL BHD
Last Price Today's Change
2.60 +0.06 (2.36%)
Overview
Headlines
Disclosures

Board: MAIN
Sector: Consumer
Avg Volume (4 weeks): 141,089
4 Weeks Range: 2.36 - 3.48
52 Weeks Range: 1.44 - 3.60
Average Price Target: -
Business Background click to collapse contents
G3 Global Bhd is an apparel manufacturing company based in Malaysia. The company operates its business in various segments that include Apparels; which manufactures, markets, distributes and does retailing of jeanswear, fashion apparels, and accessories and Information Communication Technology (ICT); which supplies telecom services and solutions. The Apparel segment generates maximum revenue for the company. The company exports its products and services to Europe, East Asia, and the USA. Their brands consist of Edwin, Mustang Jeans, People’s Market, GA Blue, and Once Upon a Time.

The esos opens door for mgmt buyout too . Thumb up

Rebound bisa? :p


4 Weeks Range: 0.445 - 0.515
52 Weeks Range: 0.395 - 1.65
Average Price Target: 0.80
Price Target Upside/Downside: +0.35

Kendall dah lari, China investors in kot via recent private placement? :)

Fell from rm1.65 to 45sen now, many traders dah Mampus kot? :p

P/b value below 0.25x , cheaper than besi buruk?? :p

New substantial shareholder can emerge anytime , Nav~67sen per share, current price is dirt cheap 18sen :)

Easy target for takeover or mgmt buyout, substantial shareholders hold <20%??????

LIST OF TOP 30 LARGEST SECURITIES ACCOUNTS HOLDERS
(BASED ON REGISTER OF DEPOSITORS AS AT 23 SEPTEMBER 2020)
NO. NAME OF SHAREHOLDERS
1 MAYBANK SECURITIES NOMINEES (ASING) SDN BHD
EXEMPT AN FOR MAYBANK KIM ENG SECURITIES PTE LTD (A/C 648849)
2 TOH EAN HAI
3 HLIB NOMINEES (ASING) SDN BHD
PLEDGE SECURITIED ACCOUNT FOR TAN LEE PANG S/O HUM BENG
4 CGS-CIMB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR BERNADETTE MARGARET LAU
5 DENNISE KHOO YEAP TENG
6 MAYBANK NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR LAI WENG CHEE @ LAI KOK CHYE
7 CGS-CIMB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIED ACCOUNT FOR ANG KOK SEONG (M55015)
8 CGS-CIMB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIED ACCOUNT FOR NG WAI YUAN (T CHERAS-CL)
9 WONG AH YONG
10 HLB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR TAN LEE PANG S/O HUM BENG
11 AFFIN HWANG NOMINEES (ASING) SDN BHD
EXEMPT AN FOR SANSTON FINANCIAL GROUP LIMITED (ACCOUNT CLIENT)
12 KENANGA NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR CHAI WOON YUN
13 YONG CHOO KIONG
14 CHIA LAI KING
15 TAN HOCK SOON
16 YONG SIEW NGEE
17 TOH HOOI HAK
18 MAYBANK NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR ANG KOK SEONG
19 AFFIN HWANG NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR LIM TECK HUAT
20 CIMSEC NOMINEES (TEMPATAN) SDN BHD PLEDGED FOR LEE SOI GEK (PB)
21 CHIA LEE LEE
22 WONG YOON CHEE
23 LING TUNG MING
24 JF APEX NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR NG JOO BAY (MARGIN)
25 CIMSEC NOMINEES (TEMPATAN) SDN BHD CIMB FOR TEO AH SENG (PB)
26 KOH AI TYNG
27 LIM MENG HONG
28 HSBC NOMINEES (ASING) SDN BHD
MORGAN STANLEY & CO. INTERNATIONAL PLC (FIRM A/C)
29 HLB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR WONG AH YONG
30 SOH ENG CHOONG
NO. OF Percentage SHARES (%)
54,658,600 12.20 8,752,600 1.95
6,200,000 1.38
6,100,000 1.36 5,924,600 1.32
5,300,000 1.18 5,200,000 1.16
5,000,000 1.12 5,000,000 1.12
4,700,000 1.05 4,000,000 0.89
3,800,000 0.85 3,500,000 0.78 3,500,000 0.78 3,100,000 0.69 3,000,000 0.67 3,000,000 0.67
2,600,000 0.58 2,600,000 0.58
2,500,000 0.56 2,500,000 0.56 2,307,000 0.52 2,295,000 0.51
2,176,600 0.49
2,163,800 0.48 2,139,800 0.48 2,100,000 0.47
2,072,400 0.46
2,000,000 0.45 2,000,000 0.45
ANNUAL REPORT 2020
STATISTICS OF
ORDINARY SHAREHOLDINGS AS AT 23 SEPTEMBER 2020

Share price has bottomed. Best to have esos for employee motivation. Congratulations!!!

Circular/Notice to Shareholders

PERMAJU INDUSTRIES BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ESOS


Please refer attachment below.

Attachments

Permaju Industries Bhd - Proposed ESOS (30.10.2020).pdf
907.9 kB

Announcement Info
Company Name PERMAJU INDUSTRIES BERHAD
Stock Name PERMAJU
Date Announced 30 Oct 2020
Category Document Submission
Reference Number DCS-30102020-00012

Date Price Open High Low Vol. Change %
Nov, 2020 0.175 0.170 0.190 0.160 4.57M 2.94%
Oct, 2020 0.170 0.170 0.215 0.165 354.90M 0.00%
Sep, 2020 0.170 0.300 0.465 0.170 1.19B -43.33%
Aug, 2020 0.300 0.325 0.375 0.255 399.46M -6.25%
Jul, 2020 0.320 0.255 0.355 0.245 781.39M 28.00%
Jun, 2020 0.250 0.595 0.850 0.240 723.01M -58.33%
May, 2020 0.600 0.675 0.725 0.595 118.43M -11.11%
Apr, 2020 0.675 0.980 1.000 0.645 208.80M -31.12%
Mar, 2020 0.980 0.815 1.070 0.805 281.10M 20.25%
Feb, 2020 0.815 0.820 0.875 0.795 29.35M -1.21%
Jan, 2020 0.825 0.815 0.860 0.790 25.69M 1.23%
Dec, 2019 0.815 0.700 0.815 0.690 62.23M 15.60%
Nov, 2019 0.705 0.690 0.705 0.665 91.96M 2.92%
Oct, 2019 0.685 0.655 0.725 0.650 84.81M 4.58%
Sep, 2019 0.655 0.640 0.665 0.635 40.32M 1.55%
Aug, 2019 0.645 0.625 0.680 0.600 62.05M 2.38%
Jul, 2019 0.630 0.550 0.685 0.550 43.60M 14.55%
Jun, 2019 0.550 0.545 0.575 0.480 43.98M 0.92%
May, 2019 0.545 0.570 0.580 0.540 68.13M -4.39%
Apr, 2019 0.570 0.505 0.590 0.505 284.51M 11.76%
Mar, 2019 0.510 0.360 0.515 0.355 318.35M 39.73%
Feb, 2019 0.365 0.370 0.420 0.355 246.72M -1.35%
Jan, 2019 0.370 0.345 0.380 0.335 345.99M 8.82%
Dec, 2018 0.340 0.400 0.415 0.340 437.28M -15.00%
Highest: 1.070 Lowest: 0.160 Difference: 0.910 Average: 0.528 Change %: -56.250

10. DOCUMENTS FOR INSPECTION
A copy of the JV Agreement is available for inspection at the registered office of the Company at Suite 10.02, Level 10, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur during the normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement.
This announcement is dated 1 September 2020.

RATIONALE AND PROSPECTS
The JV Agreement will provide opportunities for the Parties to establish a strategic partnership for various activities based on the respective party’s expertise and strengths which allows the Parties to tap into each other’s expertise, networks and resources.
5. FINANCIAL EFFECTS
The JV Agreement is not expected to have any effect on the issued share capital and substantial shareholders’ shareholdings of the Company as it does not involve the issuance of any new ordinary shares in the Company.
The JV Agreement is not expected to have any material impact on the Company’s earnings per share, net assets and gearing for the current financial year ending 30 June 2021.
However, it is expected to contribute positively to the future earnings of the Company.
6. RISK FACTORS
The joint venture with Vsolar is subject to terms and conditions of the JV Agreement. There is no assurance that the joint venture will not be exposed to risks such as inability to fulfil the terms and conditions of the JV Agreement.
The completion of the Project may be subject to various business risks including, amongst others, cost overruns, and project completion delays.
7. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED TO THEM
None of the Directors or major shareholders or persons connected to the Directors or Major Shareholders has any direct or indirect interest in the JV Agreement.
8. STATEMENT BY DIRECTORS
The Board, having taken into consideration all aspects of the JV Agreement, is of the opinion that the JV Agreement is in the best interest of the Company.
9. APPROVALS REQUIRED
The JV Agreement is not subject to and/or conditional upon approvals from the shareholders of the Company and/or any other relevant authorities.

Shareholders
VSolar
GGSB
Percentage of Shareholding in the Company
30%
70%
Total: 100%
3. INFORMATION OF THE PARTIES
3.1 GGSB
GGSB was incorporated in Malaysia on 16 December 2008 under the Companies Act, 1965 as a private limited company and having its registered office at 22-09, Menara 1MK, No. 1 Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur, W.P. Kuala Lumpur and is principally engaged in the business of tree plantation.
GGSB has a total issued share capital of RM100,000.00 comprising 100,000 total issued ordinary shares.
GGSB is a wholly owned subsidiary of Permaju Industries Berhad and the Directors are En Mazlan Bin Mohamad and Miss Chai Woon Yun.
3.2 VSOLAR
Vsolar Group Berhad is an investment holding company, listed on the ACE Market of Bursa Malaysia Berhad. Vsolar’s principal business activities comprise renewable energy, media publishing, software solutions and production house.
The directors of Vsolar are Abdul Menon Bin Arsad, Ng Chee Kin, Khairul Azwan Bin Harun, Koo Kien Yoon and Chuah Hoon Hong.
3.3 CASB
CASB, was incorporated in Malaysia on 7 December 2004 under the Companies Act, 1965 as a private limited company and its registered address at No. 2-1, Jalan Sri Hartamas 8, Sri Hartamas, 50480 Kuala Lumpur, W.P. Kuala Lumpur and is principally engaged in the business of operation of generation facilities that produce electric energy.
CASB has a total issued share capital of RM4,100,000.00 comprising 4,100,000 total issued ordinary shares.
The directors of CASB are Mr Koo Kien Yoon and Mr Tan Ewe Beng @ Ewe Beng Alvin Ng.

iii) Bid and Performance Bonds – To assist CASB to secure a bid bond amounting to Ringgit Malaysia One Million (RM1,000,000.00) and in the event of the award of the Project to CASB, to assist CASB to secure a performance bond amounting to Ringgit Malaysia Ten Million (RM10,000,000.00).
2.4 Other salient matters
(a) Conditional Conditions Precedents
If the Conditions Precedent are granted subject to any condition, then such Conditions Precedent will not be deemed to have been fulfilled for the purposes of this JV Agreement unless such condition is acceptable to the other Party(ies) and such condition is deemed acceptable to such Party(ies) if there is no written objection received by counter Party(ies) within seven (7) Business Days from the date upon which the condition is made known in writing to the other Party(ies).
(b) Right to Terminate
Party(ies) shall have right to terminate this JV Agreement, if:-
(i) on the expiry of the Conditional Period, any of the Conditions Precedent have not been fulfilled; or
(ii) at any time prior to the expiry of the Conditional Period, any of the Conditions Precedent shall have been granted subject to terms and conditions which are not acceptable to any of the Parties, being terms and conditions which affect any or part of the transactions contemplated under this JV Agreement or any of the rights or interests of the Parties, and further appeals to the relevant authorities or persons to vary such terms and conditions have not been successful and/or the said Party is not willing to accept such terms and conditions then imposed by the relevant authorities or persons, then either of the Parties shall be entitled to terminate this JV Agreement by giving a written notice of termination to that effect to the other Party and upon termination thereof, the Parties shall not have any further rights under this JV Agreement except in respect of any obligation under this JV Agreement which is expressed to apply after the termination of this JV Agreement and any rights or obligations which have accrued in respect of any breach of any of the provisions of this JV Agreement to either Party prior to such termination.
2.5 Equity Participation
In consideration of GGSB agreeing to lease the Lands to CASB at no cost (pursuant to the Lease Agreement to be signed) to enable CASB to undertake the Project, VSolar shall cause CASB to issue 2,870,000 ordinary shares in CASB representing seventy percent (70%) of the enlarged issued shares in CASB.
Subject to clause stated in the JV Agreement and unless otherwise varied in accordance with the provisions of this JV Agreement, Vsolar and GGSB hereto agree that the shareholdings in CASB shall be maintained at all times in the following proportions as set out below (“Equity Participation”).

The Parties shall upon the execution of this JV Agreement take all necessary steps and actions to obtain the fulfilment of the Conditions Precedent as expeditiously and as reasonably as possible.
2.2 Rights, Obligations and Undertakings of GGSB
GGSB hereby agrees, covenants and undertakes with VSolar, amongst others, the following:-
(i) Management – To allow VSolar to manage and operate CASB and not to interfere with the management of CASB unless required to do so by VSolar.
(ii) Execution of Power of Attorney - GGSB shall execute a power of attorney in favour of VSolar upon execution of this JV Agreement to enable VSolar to deal with and use all such lands identified as title no. H.S.(D) 160573 – PT No. 26667, H.S. (D) 160572 – PT No. 26666 and H.S. (D) 160571 – PT No. 26665, all of which is located at Mukim Setul, Seremban, Negeri Sembilan measuring approximately 121.4 hectares (“Lands”) in such manner as it deems fit for the purpose of securing the Project and to execute a lease agreement and such documents, for and on behalf of GGSB in favour of CASB to give effect to the lease arrangement in respect of the Lands, if required.
(iii) Lease Agreement – In consideration of the Ordinary Shares to be issued to GGSB by CASB under this JV Agreement, GGSB shall lease such Lands to CASB for the minimum period of twenty-three (23) years commencing from the Unconditional Date (the date where all such Conditions Precedent is fulfilled and/ or waived by the respective Parties to such extent permissible under the law) at no cost. GGSB shall sign a Lease Agreement and all such documents to give effect to the above lease arrangement upon fulfilment of the Conditions Precedent or at such time as instructed by VSolar to enable CASB to carry out the activities to complete the Project efficiently.
2.3 Rights, Obligations and Undertakings of Vsolar
VSolar hereby agrees, covenants and undertakes with GGSB, amongst others, the following:-
(i) Management - To be responsible either through itself or otherwise in respect of the day to day management of CASB.
(ii) Financing – To assist CASB to secure financing for the Project which is estimated to be Ringgit Malaysia Two Hundred and Seventeen Million (RM217,000,000) via equity financing amounting to Ringgit Malaysia One Hundred and Seventy Three Million and Six Hundred Thousand (RM173,600,000) representing eighty percent (80%) of the total financing and debt financing amounting to Ringgit Malaysia Forty Three Million and Four Hundred Thousand (RM43,400,000) representing twenty percent (20%) of the total financing.

PERMAJU INDUSTRIES BERHAD (“PERMAJU” OR THE “COMPANY”)
JOINT VENTURE AGREEMENT BETWEEN GENBAYU GEMILANG SDN BHD AND VSOLAR GROUP BERHAD
1. INTRODUCTION
The Board of Directors of PERMAJU (“Board”) wishes to announce that Genbayu Gemilang Sdn Bhd (“GGSB”), a wholly owned subsidiary of the Company has on 1 September 2020, entered into a joint venture agreement (“JV Agreement”) with Vsolar Group Berhad (“Vsolar”) to regulate their relationship inter se as shareholders of Cubetech Asia Sdn Bhd (“CASB”) in which, CASB intends to submit its tender to build and operate a Large Scale Solar 4 (LSS4) Proposed 50MW Plant in Seremban, Negeri Sembilan, Malaysia (“the Project”) subject to the terms and conditions stipulated in the JV Agreement. The Project consist of the following terms:-
(a) gross development value of the project – RM217 million;
(b) output capacity of the plant - 50 MWac;
(c) projected Sunlight Irradiance per day - 3.6 hours per day;
(d) total Daily Energy Production - 300,000 kwh per day;
(e) concession Period under power purchase agreement with Tenaga Nasional Berhad - 21 year starting from Commercial Operation Date (COD) by 31 December 2023; and
(f) grid connection - Within 15km radius to nearest 132kv TNB transmission facility from the proposed site in Mukim Setul, Seremban, Negeri Sembilan.
(GGSB and Vsolar are individually referred to as “Party” and collectively as the “Parties”)
2. SALIENT TERMS OF THE JOINT VENTURE AGREEMENT
2.1 Conditions Precedent
This Agreement is subject to and conditional upon the following conditions precedent (collectively the “Conditions Precedent”) being fulfilled within the Conditional Period which is within three (3) months from the date of this JV Agreement or such other date as the Parties may mutually agree in writing:-
(a) CASB having obtained the letter of award by the Energy Commission Malaysia to undertake the Project; and
(b) CASB having obtained, under its own name, all relevant approvals, certification, licenses and/ or permits as may be required under the laws and regulation of Malaysia to undertake the Project

instance, most social events such as weddings and concerts, and business summits which were expected to draw large crowds were cancelled, postponed or simplified since the outbreak of COVID-19 in early 2020. Due to these reasons, the demand for luxury car rental services may have significantly reduced, adversely impacting the financial performance of market players during the period of the COVID- 19 outbreak.
 Exposure to high car maintenance and upkeep cost as well as inadequate insurance coverage
Luxury car rental service providers are required to ensure their fleet of luxury cars are in pristine condition before handling over to users. Failure to do so may cause luxury car rental service providers to lose their competitive edge to other competitors. As such, luxury car rental service providers are subject to high costs to maintain and upkeep the luxury cars.
Further, luxury car rental service providers are subject to the risk of inadequate insurance coverage. In the event that the vehicles are involved in car accidents or damaged in natural disasters in excess of insurance coverage, luxury car rental service providers are required to incur significant costs in repair work. In such circumstances, their financial performance may be materially and adversely affected.
(Source: Independent market research report dated 23 October 2020 prepared by SMITH ZANDER)
3. ADDITIONAL INFORMATION
Reference is made to Section 5.4.1 of the First Announcement in relation to the steps taken by the Group to improve its financial condition.
We wish to provide additional information as follows:-
(i) As at the date of this announcement, the Company is still in the midst of identifying marketing programmes to boost the sale of automobiles and after sales services. Hence, the estimated timeframe for the implementation of the marketing programmes cannot be determined at this juncture.
(ii) As for the Mydin Project, as at the date of this announcement, the construction works for the Mydin Project has yet to commence as the Group is still in the midst of securing the necessary funding, including bank borrowings, to finance the balance funding requirement for the Mydin Project.
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.
(iii) Under an existing lease agreement with Mydin dated 31 July 2013 (which was subsequently varied via 2 supplemental agreements dated 28 March 2016 and 9 June 2017 respectively), the Mydin Project is expected to be leased to Mydin at an estimated rental of between approximately RM18.38 million to RM26.25 million per annum (apart from the first year where there is a 3-month rent-free period) over 20 years.
(iv) Apart from the Mydin Project, the undeveloped parts of the Land are expected to be developed into, amongst others, terraced shop/offices and residential units over several phases in the future.
(v) The gross development cost of the Mydin Project is estimated to be RM257.5 million and this is expected to be funded mainly via proceeds raised from the Rights Issue of ICPS with Warrants, bank borrowings and/or internally generated funds.
4

4. HISTORICAL FINANCIAL INFORMATION OF THE GROUP
Reference is made to Section (i) of Appendix I of the First Announcement in relation to the summary of the historical financial information of the Group.
We wish to rephrase that the Group recorded a revenue of RM57.58 million for FYE 30 June 2020 which represented a 24.49% decrease in revenue as compared to the annualised revenue for 18-month FPE 30 June 2019 of RM76.25 million.
This announcement is dated 28 October 2020.

PERMAJU INDUSTRIES BERHAD (“PERMAJU” OR THE “COMPANY”)
PROPOSED PRIVATE PLACEMENT
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 21 October 2020 in relation to the Proposed Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the announcement dated 21 October 2020 in relation to the Proposed Private Placement (“First Announcement”).
On behalf of the Board, Mercury Securities wishes to announce the following additional information:-
1. UTILISATION OF PROCEEDS
Reference is made to Section 3(i) of the First Announcement in relation to the utilisation of proceeds for the development of an online platform for luxury car rentals.
We wish to clarify the following:-
(i) The Group intends to develop the online platform by engaging third-party vendors to set up the platform.
(ii) While the cost of setting up the online platform is estimated to be approximately RM2.50 million, the actual cost may differ depending on final quotations with respective vendors. In such event, any shortfall shall be funded via the portion of proceeds earmarked for working capital, internally generated funds, bank borrowings and/or future fund-raising exercises to be undertaken (if required). Conversely, any surplus shall be utilised for working capital.
2. OVERVIEW AND OUTLOOK OF THE LUXURY CAR RENTAL MARKET IN MALAYSIA
Reference is made to Section 5 of the First Announcement in relation to the industry overview and future prospects.
We wish to provide the overview and outlook of the luxury car rental market in Malaysia as follows:-
The luxury car rental market in Malaysia is where luxury car rental service operators operate in to offer long-term or short-term luxury car rental services for business or leisure purposes. Luxury car rental service operators are typically scattered across the country, with offices and booths located at strategic locations such as airports and hotels to facilitate pick-up and return of vehicles at users’ preferred locations.
Luxury cars are vehicles with high-end features such as sleek outlook, plush interior and more powerful engine performance. These luxury cars are available in various forms such as sedan, sport utility vehicle (“SUV”) and multipurpose vehicle (“MPV”).
Luxury cars are often rented for social events such as weddings and formal events, discreet airport pickups, drop-offs and general transfers for very important persons (“VIPs”) and celebrities for business or leisure purposes, and long-term corporate hires. With the emergence of the luxury car rental market, users are able to experience luxury cars without owning the vehicle.
1

The increasing adoption of information technology (IT) has transformed renting procedures and driven the provision of better services and competitive pricing by luxury car rental service operators. These days, luxury car renting is done mainly through service operators’ websites and/or mobile applications, which enables users to book vehicles online conveniently. Rates are disclosed along with options from the fleet of luxury cars and other value-added services offered by operators, providing users a thorough view of the vehicle and services to be obtained before proceeding to book and pay. The value-added services which may be provided by the luxury car rental service operators include chauffeur, concierge and security services.
The luxury car rental market in Malaysia where luxury car rental service operators which specialises in providing rental services of high-end luxury car makes such as Bentley, BMW, Mercedes-Benz, Porsche, Range Rover and Rolls Royce, serves a niche market as the rental rates of these high-end luxury car makes generally are significantly higher than rental rates of standard cars. The barriers to entry of the luxury car rental market in Malaysia is high as new entrants have to incur high initial capital investment on a fleet of luxury cars and to develop a booking platform. To sustain and expand the luxury car rental business and to remain competitive in the market over the long term, the luxury car rental service operators will be required to expand the fleet of high performing luxury cars, offer competitive rates, have wide geographical coverage, good customer service and value-added services, employ effective marketing strategies and convenient booking platforms, which will incur substantial capital investments and operational costs.
The outbreak of the COVID-19 since early 2020 has impacted many countries around the world. On 30 January 2020, the World Health Organisation (“WHO”) declared a public health emergency of international concern on COVID-19. Later, on 11 March 2020, the WHO made the assessment that COVID-19 can be characterised as a pandemic due to the alarming levels of spread and severity and levels of inaction.
Due to the outbreak of COVID-19, the Government of Malaysia imposed a MCO through

The increasing adoption of information technology (IT) has transformed renting procedures and driven the provision of better services and competitive pricing by luxury car rental service operators. These days, luxury car renting is done mainly through service operators’ websites and/or mobile applications, which enables users to book vehicles online conveniently. Rates are disclosed along with options from the fleet of luxury cars and other value-added services offered by operators, providing users a thorough view of the vehicle and services to be obtained before proceeding to book and pay. The value-added services which may be provided by the luxury car rental service operators include chauffeur, concierge and security services.
The luxury car rental market in Malaysia where luxury car rental service operators which specialises in providing rental services of high-end luxury car makes such as Bentley, BMW, Mercedes-Benz, Porsche, Range Rover and Rolls Royce, serves a niche market as the rental rates of these high-end luxury car makes generally are significantly higher than rental rates of standard cars. The barriers to entry of the luxury car rental market in Malaysia is high as new entrants have to incur high initial capital investment on a fleet of luxury cars and to develop a booking platform. To sustain and expand the luxury car rental business and to remain competitive in the market over the long term, the luxury car rental service operators will be required to expand the fleet of high performing luxury cars, offer competitive rates, have wide geographical coverage, good customer service and value-added services, employ effective marketing strategies and convenient booking platforms, which will incur substantial capital investments and operational costs.
The outbreak of the COVID-19 since early 2020 has impacted many countries around the world. On 30 January 2020, the World Health Organisation (“WHO”) declared a public health emergency of international concern on COVID-19. Later, on 11 March 2020, the WHO made the assessment that COVID-19 can be characterised as a pandemic due to the alarming levels of spread and severity and levels of inaction.
Due to the outbreak of COVID-19, the Government of Malaysia imposed a MCO throughout Malaysia from 18 March 2020 to 3 May 2020, conditional MCO from 4 May 2020 to 9 June 2020 and recovery MCO from 10 June 2020 to 31 December 2020, and re-imposition of conditional MCO in states and federal territories (e.g. Sabah, Selangor, Kuala Lumpur, Putrajaya and Labuan) that recorded alarming levels of COVID-19 infection cases in October 2020 to restrict the movement of people. Further, the Government also imposed travel bans; limit event participants; and imposed physical distancing rule to curb the spread of the virus. As a result, business and leisure travels, as well as weddings, concerts and business summits which were expected to draw large crowd were cancelled, postponed or simplified. This has significantly reduced the demand for luxury car rental services and has adversely impacted the luxury car rental market.
Nevertheless, while the luxury car rental market in Malaysia is expected to experience a slowdown in 2020 mainly due to dampened economic outlook from the impact of COVID-19 pandemic, Smith Zander International Sdn Bhd (“SMITH ZANDER”) anticipates that in the longer term, after the crisis of the COVID-19 pandemic ends and after the recovery of the economic conditions, the luxury car rental market is expected to be supported by the rise of more affluent population and high income households, growth of the meetings, incentives, conventions and exhibitions (“MICE”) industry as well as increasing awareness of the sharing economy.
Key Market Drivers
 Rise of more affluent population and high income households drive the demand for high-end lifestyles
Malaysia is an upper-middle income economy with aspirations to achieve high income status by 2030. GDP per capita increased by 12.47% from approximately RM38,860.70 in 2016 to RM43,707.53 in 2019. Notably, 1.46 million households were recorded within the top 20 (“T20”) household group in 2019, an increase of 5.04% from 1.39 million households in 2016. This indicates a rise of more affluent population and high income households with greater spending power, leading to demand for high-end lifestyles involving luxury spending such as renting of luxury cars for various purposes such as events, weddings or long distance drives.
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Nevertheless, moving forward, in view

Going to fly again? :)


Date Close Volume
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

PERMAJU INDUSTRIES BERHAD (“PERMAJU” OR THE “COMPANY”)
PROPOSED PRIVATE PLACEMENT
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 21 October 2020 in relation to the Proposed Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the announcement dated 21 October 2020 in relation to the Proposed Private Placement (“First Announcement”).
On behalf of the Board, Mercury Securities wishes to announce the following additional information:-
1. UTILISATION OF PROCEEDS
Reference is made to Section 3(i) of the First Announcement in relation to the utilisation of proceeds for the development of an online platform for luxury car rentals.
We wish to clarify the following:-
(i) The Group intends to develop the online platform by engaging third-party vendors to set up the platform.
(ii) While the cost of setting up the online platform is estimated to be approximately RM2.50 million, the actual cost may differ depending on final quotations with respective vendors. In such event, any shortfall shall be funded via the portion of proceeds earmarked for working capital, internally generated funds, bank borrowings and/or future fund-raising exercises to be undertaken (if required). Conversely, any surplus shall be utilised for working capital.
2. OVERVIEW AND OUTLOOK OF THE LUXURY CAR RENTAL MARKET IN MALAYSIA
Reference is made to Section 5 of the First Announcement in relation to the industry overview and future prospects.
We wish to provide the overview and outlook of the luxury car rental market in Malaysia as follows:-
The luxury car rental market in Malaysia is where luxury car rental service operators operate in to offer long-term or short-term luxury car rental services for business or leisure purposes. Luxury car rental service operators are typically scattered across the country, with offices and booths located at strategic locations such as airports and hotels to facilitate pick-up and return of vehicles at users’ preferred locations.
Luxury cars are vehicles with high-end features such as sleek outlook, plush interior and more powerful engine performance. These luxury cars are available in various forms such as sedan, sport utility vehicle (“SUV”) and multipurpose vehicle (“MPV”).
Luxury cars are often rented for social events such as weddings and formal events, discreet airport pickups, drop-offs and general transfers for very important persons (“VIPs”) and celebrities for business or leisure purposes, and long-term corporate hires. With the emergence of the luxury car rental market, users are able to experience luxury cars without owning the vehicle.

KipleX chief executive officer Andrew Tan(pic) said the market opportunity for the motorbike industry in South-East Asia was expected to hit US$8.53bil (RM35.4bil) by 2023.

PETALING JAYA: KipleX, the new venture studio of Green Packet Bhd, has embarked on its maiden investment in Singapore-based smart electric motorbike company ION Mobility.

In a statement yesterday, Green Packet said the venture is aimed at developing smart electric motorbikes for the South-East Asian market.

“With the aim to create seamless user experiences for sustainable mobility, ION Mobility announced it has raised US$3.3mil (RM13.7mil) in seed funding recently, ” it said.

Green Packet said other notable investors include private and government institutional funds, as well as corporate and angel investors such as Monk’s Hill Ventures, TNB Aura, Village Global, 500 Durians, AngelCentral syndicate and Seeds Capital.

“The funding will be used to launch electric motorbikes in South-East Asia, expand market presence and develop its research and development, supply chain and manufacturing capabilities.”

KipleX chief executive officer Andrew Tan(pic) said the market opportunity for the motorbike industry in South-East Asia was expected to hit US$8.53bil (RM35.4bil) by 2023.

“The total addressable market is over 200 million petrol motorcycles that can be converted to electric to create a more sustainable future.

“ION Mobility will enter the market focusing on Indonesia, which has one of the biggest motorbike markets globally, with 2019 motorcycle sales in Indonesia at 6.38 million units a year, ” he said in the statement.

Tan said ION Mobility plans to launch its first smart electric motorbike in Indonesia in 2021 and Malaysia soon after that.

In addition, he said the company was set to expand its team and operations across Singapore, Jakarta and Shenzhen, develop its in-house research and development capabilities and build up its supply chain and manufacturing partnerships.

“The size of the market for smart electric motorbikes in South-East Asia is tremendous.

“In addition, we would have the opportunity to work with ION Mobility to potentially incorporate Green Packet’s digital solutions to value add to the product.

“We are confident our investment will yield high returns on investmen while also establishing product synergy with our suite of digital innovations.

“We will put the ‘smart’ into the electric motorbike.”

Meanwhile, ION Mobility, co-founder and chief executive officer James Chan has this to say:

“We are committed to offer riders across South-East Asia superior alternatives to their petrol-based motorbikes.”

Green Packet noted that ION Mobility co-founders James Chan and chief operating officer Joel Chang have a strong track record in building and scaling tech companies in South-East Asia.

“Prior to ION, Chan was a tech venture capitalist and entrepreneur at Neoteny Labs, Silicon Straits and Wecash.

“Chang, an automotive industry veteran, founded Scorpio Electric and has previously led a BMW dealer group’s establishment and expansion across Asia.”

Associate of gpacket:)

G# Global Tee qt

PETALING JAYA: G3 Global Bhd plans to house the country’s largest hyperscale data centre in the proposed Artificial Intelligence (AI) park in Bukit Jalil, starting with three 10MW hyperscale data centres in the first phase of development.

At maturity, the data centres will have a potential end state of 100MW.

G3 Global executive director Dr James Tee said G3 Global has the opportunity to take a leading role in the hyperscale data centre space through the group’s association with Green Packet Bhd.

It will support the initial demand by Tencent Cloud’s operations in Malaysia as part of its global node, as well as meet demand from other large scale anchor cloud operators.

In August, Green Packet inked a 10-year agreement with Tencent Cloud to provide cloud computing solutions in Malaysia.

“The hyperscale data centre will be scaled according to demand progressively.

“G3 Global is in discussions with domestic and regional hyperscale data centre partners on potential collaborations.

“We are also open to collaborating with strategic partners who bring demand from their extensive network and user base, ” he told StarBiz.A hyperscale data centre caters to between one and three clients who require higher technology specifications and greater data capacity for their operations.

In comparison, a standard data centre serves some 50 to 100 enterprises.

At present, Singapore is the data centre hub for the South-East Asian region, providing 64% of total supply with a capacity of 410MW in 2019.

Tee noted that Singapore’s data centre capacity is expected to grow by a compound annual growth rate (CAGR) of 6% to 542MW in 2024, according to research firm Analysys Mason.

However, further supply will be hampered by shortage of land and power, as well as cost concerns.

“Hence, Malaysia is well positioned to capture the spillover demand from Singapore, given the close proximity, greater availability of land and power, as well as low connectivity cost.

“This is potentially similar to Langfang and Zhangjiakou, which are key data centre hubs in Greater Beijing, due to land scarcity and power constraints in Beijing itself, ” he said.

On the domestic front, demand for digital services is expected to be driven by a strong government push for digitalisation and cloud adoption, as well as a shift towards greater digital consumption by enterprises and consumers as a result of the Covid-19 pandemic.

Bank Negara’s new policy on risk management in technology would drive demand for outsourced data centre co-location and cloud services for financial institutions, as on-premise servers will not meet the new requirements, Tee said.

According to MDEC, co-location data centre capacity is expected to grow by 12% CAGR from 59MW to 104MW between 2019 and 2024.

At present, cloud and Internet giants lease more than 70% of their hyperscale data centre footprint from commercial data centre operators.

“Some of the very powerful value drivers that companies should look to exploit from hyperscale cloud platforms are cost, scalability and interoperability. The hyperscale platforms provide the ability to handle immense volumes of activity and data, quickly and seamlessly.

“In addition, the hyperscale provider’s cloud platform allows customers to extend and build out their capabilities, as well as offers integration with other systems at a lower cost, ” said Tee.

The hyperscale data centres will also support the deployment of autonomous cars, which generate between 380 Terabyte (TB) to 5100TB of sensor data per car annually.

The AI park, which will house AI research-related public service infrastructure as a base to promote AI technology in Malaysia, will also feature autonomous cars, among other AI technology such as licence plate and facial recognition.

According to a Bursa Malaysia filing on Oct 9, G3 Global received a letter of intent from Technology Park Malaysia Corp Sdn Bhd for the building of the AI park at Technology Park Malaysia.

G3 Global has teamed up with the world’s largest AI firm, SenseTime, along with China Harbour Engineering Company Ltd to jointly develop the park.

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.

How a tourism company pivoted to land a US$100 million deal and provide digital identification for the foreign workforce



With the Covid-19 pandemic having caused the closure of borders and restriction of movement in countries for most of this year, many in the travel and tour industry have been ready to cease business.

The supply of foreign workers in any country is already a multi-step and complicated process. With the pandemic, additional safety requirements and contact traceability procedures make it an even more cumbersome exercise.

For one well-known name in the industry, however, the pandemic has offered an opportunity.


Parlo Bhd, an operator of leisure as well as corporate and MICE (meetings, incentives, conferences and exhibitions) travel services since 1996, realised that it could use its expertise to solve these problems. Ensuring the continuous supply of foreign workers is critical in sustaining the country’s economy. ACE Market-listed Parlo, which has experience in visa application, travel insurance and other travel support services, saw that it could play a role by helping the country in two ways — leveraging its existing network of business partners and industry experience and providing digital technologies for foreign workforce management.

There were two critical milestones that helped Parlo succeed. It needed someone with experience in digital technologies to drive the company’s expansion beyond leisure, corporate and MICE travel and ancillary services into migrant workforce management services, from source to destination countries. As such, it appointed Ti Lian Seng as executive director of Parlo in October 2020. Ti, who has experience in digital technologies to engineer and roll out a Digital ID platform, has had a long association with the Green Packet group of companies. He was most recently CEO of KipleLive, an artificial intelligence-driven property technology unit that pioneered contactless and cashless parking as well as facilitated businesses, schools and hospitals.


Parlo’s second critical step was to partner with Myanmar-based Diamond Palace Group of Companies Ltd, which has access to foreign workforce management services to facilitate the supply of workers.

The platform ensures that all information of foreign workers from Myanmar is digitalised in the form of digital identity documents. Expecting to serve 360,000 Myanmar workers by 2021, the platform will be able to facilitate secure online transactions such as banking, travel, insurance and other commercial services for a seamless process that is convenient to migrant workers.

Parlo plans to offer both software and hardware under the e-ID total solutions platform in areas such as e-KYC (electronic Know Your Customer process), key public infrastructure and identity management. Integration with mobile phones through optional embedded secure elements as well as integration with mobile applications may be offered in the future. In essence, the digital identity features to be embedded in the mobile devices are grouped into enrolment and registration, encoding of personal and biometric data, and integration with the mobile applications. There are plans to provide third-party logistics services for smartphones such as logistics strategy, inventory planning and management, and inbound, outbound and reverse logistics management.

The intent is to use the latest technology-enabled gadget to start replacing physical identification documents via digitalisation. For example, debit and credit cards can now be easily replaced with mobile apps in smartphones enabled by high-end, secure hardware chips.

“It is inevitable that traditional physical identification documents such as national identity cards, driving licences and worker identity cards will be replaced by high-end e-ID embedded in smartphones,” Ti says.

In keeping with Parlo’s new-age travel management company ethos that emphasises technology, financial technology will also play a part in the digitisation move. In the pipeline are e-wallet and cashless payments; e-services such as mobile reloads and bill payments in both source and host countries; e-remittance; e-assistance for legal, medical, employment and notification purposes; e-commerce; and job listings.

Parlo is looking to expand this digital platform internationally to expand its coverage to as many as 10 million Myanmar workers worldwide.

The tie-up with Diamond Palace, worth US$100 million, is an exclusive 30-year concession with the Myanmar government to supply workers from the country. Parlo will provide employment agency-related services for workers from source country to destination country, including travel, logistics and dormitory arrangements, as well as medical examinations. For now, the agreement covers Myanmar workers applying to work in or are leaving Malaysia, Japan and Thailand, but will eventually be extended to other countries where the company has forged strong relationships.

So many news released but share price fell 10% below private placement price?

Not good at making money but good at publicity saja???

:) rugi for the private placement taker :)


Additional Listing Announcement /Subdivision of Shares

GREEN PACKET BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
Details of corporate proposal PRIVATE PLACEMENT OF UP TO 190,273,400 NEW ORDINARY SHARES OF GPB, PURSUANT TO THE GENERAL MANDATE OBTAINED FROM GPB SHAREHOLDERS ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal 55,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.5000
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following

Units 1,164,421,732
Issued Share Capital ($$) Malaysian Ringgit (MYR) 268,477,930.564
Listing Date 30 Oct 2020


Remarks :
The 55,000,000 GPB Shares were allotted and issued pursuant to the Private Placement that was announced on 12 August 2020.

Announcement Info
Company Name GREEN PACKET BERHAD
Stock Name GPACKET
Date Announced 28 Oct 2020
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-28102020-00004

Harga minyak dah naik dengan banyak tentulah tak ramai orang mau jual murah lagi. Takkan Ada orang mau jual emas 999 dibawah rm100 segram walaupun harganya dah rm300 :)

Upon opening, harga dah >80sen, tengok queue nak Beli dan sedikit pelabur yang sanggup jual murah memandangkan harga minyak melambung tinggi, tren harga minyak naik baru start.

Peluang untuk memperoleh untung adalah cerah. Dayang pernah mencecah RM3++ sebelum ini :)

The decision is yours :)

Brent oil price now is even higher than april and may 2020 :)



Brent Oil Futures Historical Data
Time Frame:

Monthly
11/20/2018 - 11/09/2020

Date Price Open High Low Vol. Change %
Nov 20 40.44 37.22 41.52 35.76 255.44K 7.96%#######################
Oct 20 37.46 42.20 43.57 36.80 20.19K -8.52%
Sep 20 40.95 45.57 46.21 39.31 19.38K -9.56%
Aug 20 45.28 43.61 46.53 42.89 174.31K 4.57%
Jul 20 43.30 41.47 44.88 41.02 14.42K 5.22%
Jun 20 41.15 37.67 43.94 37.00 12.60K 9.27%
May 20 37.66 26.98 38.30 25.50 14.71K 94.83%*****************************************
Apr 20 19.33 26.00 36.40 15.98 637.21K -15.00%**********************************
Mar 20 22.74 48.95 53.90 21.65 7.36M -54.99%

from 71sen in march 2020 rebounded/touched to rm1.50 in apr and rm1.55 in may. now 70sen++, next month back to RM1.50 again or even higher? :)

Date Price Open High Low Vol. Change %
Nov, 2020 0.775 0.745 0.820 0.730 4.12M 3.33%
Oct, 2020 0.750 0.980 0.995 0.740 97.66M -23.47%
Sep, 2020 0.980 1.190 1.210 0.980 76.21M -16.95%
Aug, 2020 1.180 1.150 1.330 1.030 246.45M 2.61%
Jul, 2020 1.150 1.260 1.380 1.140 177.54M -8.73%
Jun, 2020 1.260 1.310 1.440 1.200 317.91M -1.56%
May, 2020 1.280 1.240 1.550 1.210 330.00M 1.59%
Apr, 2020 1.260 1.130 1.500 1.080 622.07M 9.57%
Mar, 2020 1.150 2.300 2.300 0.710 930.44M -50.64%

Hari ini berulang kot?

from 71sen in march 2020
rebounded/touched to rm1.50 in apr and rm1.55 in may. now 70sen++, next month back to RM1.50 again or even higher? :)

Date Price Open High Low Vol. Change %
Nov, 2020 0.775 0.745 0.820 0.730 4.12M 3.33%
Oct, 2020 0.750 0.980 0.995 0.740 97.66M -23.47%
Sep, 2020 0.980 1.190 1.210 0.980 76.21M -16.95%
Aug, 2020 1.180 1.150 1.330 1.030 246.45M 2.61%
Jul, 2020 1.150 1.260 1.380 1.140 177.54M -8.73%
Jun, 2020 1.260 1.310 1.440 1.200 317.91M -1.56%
May, 2020 1.280 1.240 1.550 1.210 330.00M 1.59%
Apr, 2020 1.260 1.130 1.500 1.080 622.07M 9.57%
Mar, 2020 1.150 2.300 2.300 0.710 930.44M -50.64%

Close at 90sen++ or RM1++ today , wait n see :)

Ada pembeli lagi agresif, queuing at 90sen to buy.. sungguh awal lagi :)

Minyak = Emas Hitam, bukan? :)

So early , dah Ada investors queue at 82sen to buy, hm. Siapa cepat siapa dapat :)

Any price offered below or at 80sen will be sapu bersih upon opening today is expected :)

Uptrend :) strong rebound for dayang today

NEW YORK: Oil surged about 8% on Monday, its biggest daily gain in more five months, after Pfizer announced promising results for its COVID-19 vaccine.

Brent crude settled at US$42.40 a barrel, up $2.95, or 7.48%, while U.S. West Texas Intermediate crude settled at $40.29 a barrel, rising $3.15, or 8.48%.

Oil markets also rose after Saudi Arabia suggested it and other oil producers could adjust its current supply-cut pact, perhaps taking more barrels off the market if demand slumps in the winter as infections rise and before the vaccine is widely available.

The OPEC+ group, which includes the Organization of the Petroleum Exporting Countries and its allies, could adjust their deal to balance the market, the kingdom's energy minister Prince Abdulaziz bin Salman said.

OPEC+ is currently cutting 7.7 million barrels per day (bpd), and considering reducing those cuts to 5.7 million bpd from January. If OPEC+ maintains the current curbs on output, it would tighten supply and lead to higher prices.

PublicInvest Research expects a sharp V-shaped recovery in 2021, although the pace of growth is slightly slower at 6.2% compared to the government’s forecast.

Looking ahead, we believe that the outlook in the second half of 2020 will improve considerably, as crude oil price has also stabilised at a healthy level, which bodes well for the oil and gas industry.

“In addition, our order book remains strong at an estimated value of RM3.8 billion, which will ensure healthy earnings visibility over the next few years,”

They might sapu more shares from the open market in view of the big jump in oil prices :)

11 Mar 2020 Acquired
1,000,000 Datuk Ling Suk Kiong
11 Mar 2020 Acquired
200,000 Datuk Ling Suk Kiong
11 Mar 2020 Acquired
200,000 Datin Wong Siew Hong
11 Mar 2020 Acquired
1,000,000 Datin Wong Siew Hong
11 Mar 2020 Acquired
1,000,000 Joe Ling Siew Loung @ Lin Shou Long
11 Mar 2020 Acquired
200,000 Joe Ling Siew Loung @ Lin Shou Long

Results for Q3, 2020 to released later this month will be a big improvement :)

DAYANG Quarter Report History

FY No. Rev PBT
QoQ
Dec20 2 170,947 4,111
Dec20 1 172,057 19,020

Dec19 4 285,020 119,720
Dec19 3 357,576 151,596
Dec19 2 247,179 72,388
Dec19 1 156,408 -8,464
Dec18 4 285,648 131,236
Dec18 3 281,933 67,736

Full Name DAYANG ENTERPRISE HOLDINGS BERHAD
Symbol & Code DAYANG (5141)
Board MAIN
Shariah Compliant
Sector Energy
Sub-Sector Energy Infrastructure, Equipment & Services

The biggest takeaway for us from these new estimates is that the consensus upgraded its earnings per share estimates, showing a clear improvement in sentiment around Dayang Enterprise Holdings Bhd’s earnings and industry data suggests that Dayang Enterprise Holdings Bhd’s revenues are expected to grow faster than the wider market.

Date Price Target Source

28/10/2020 1.25 PUBLIC BANK Price Target News
24/08/2020 1.25 PUBLIC BANK Price Target News
24/08/2020 1.27 MIDF Price Target News
24/08/2020 1.20 KENANGA

Harga minyak dah balik USD42++ uptrend /rebound strongly :)

Day's Range
42.02 - 42.11

52 wk Range
15.98 - 71.75


Month
Jan 21
Last Trading Day
11/22/2020
Group
Energy
1-Year Change
- 35.18%

Biden win lifts world stocks to record peak; dollar fades
Reuters | Nov 09, 2020 04:15AM ET

Oil Prices Surge 10% On COVID Vaccine Hope

By Tsvetana Paraskova - Nov 09, 2020, 9:00 AM CST
Join Our Community

Oil prices soared by 10 percent and WTI Crude topped $40 a barrel on Monday morning, after vaccine developers announced 90-percent efficacy of a COVID-19 vaccine candidate, instilling hopes on the markets that life could soon return to normal.

As of 9:38 a.m. ET, WTI Crude prices were surging by 10.37% at $40.92 and Brent Crude was soaring by 9.02% on the day, at $43.01.