Start fly!!!!!

https://www.nst.com.my/business/2023/02/883013/petronas-spend-least-rm300bil-capex-over-five-years

Yes

WOW

Good news coming in - +ve

Small volume

When is the date for dividen

not moving at all

Dont buy

Not moving

Cheap

0.425 on the way

what is new tp

Essb resume production

any latest news

Wow

Wait for tomorrow

Mmm

Tomorrow???

Pls share

Ada new baru ke

KUALA LUMPUR (Dec 14): EA Holdings Bhd is diversifying into the packet food business by buying a 90% stake in Sunland Volonte Agency Sdn Bhd for RM78.75 million, which will be satisfied via the issuance of 1.59 billion new shares at an issue price of 4 sen per share and RM15 million cash.

In a filing with Bursa Malaysia, EA Holdings said it is acquiring 225,000 shares in Sunland from Datuk Cheong Soo Han, Law Kum Wah, Chong Nyet Fan and Goh Swee Sim.

Incorporated in 1985, Sunland is principally engaged in the selling and distributing of packet drinks, snacks and related products which include fruit juice, premium biscuits, canned fruits, jams and spreads, olive oil and vinegar, as well as pasta.

At present, Sunland is the agent and distributor in Malaysia to brands such as Basso, Baronia, SICA or SICA Tomatoes, Loreto, Trucillo, Bonomi, Kronos and D’Amino.

Cheong currently owns 60% of Sunland's shares, while Law, who is the company’s chief executive officer (CEO), holds a 20% stake. Chong and Goh, who is also Sunland’s chief operating officer, each own a 10% stake.

However, Law will only sell half of his shareholding in Sunland. He will retain the remaining 10%.

Subsequent to the acquisition, Cheong will emerge as the single largest shareholder in EA Holdings with a 20.9% stake, while Law, Goh and Chong will each own a 3.5% stake in the listed entity.

EA Holdings said the acquisition will not trigger a mandatory take-over offer, as the combined shareholding of the four individuals will be 31.4%, and will be diluted to as low as 26% if all of the group’s warrants were to be exercised by warrant holders.

EA Holdings' current largest shareholder Chong Mui Fun’s shareholding will be diluted to 13.7% upon completion of the acquisition, from 20% currently, while its CEO Mohammad Sobri Saad will see his shareholding cut to 8.4%, from 12.3% as at Dec 4 this year.

Cheong and the other three vendors have agreed to guarantee that Sunland’s aggregate net profit for the financial years ended Jan 31, 2019 (FY19) and 2020 (FY20) will not be less than RM14 million.

Sunland’s net profit for FY17 fell 10.27% to RM2.83 million from RM3.16 million in FY16, while revenue also declined 3.89% to RM17.93 million from RM18.66 million.

EA Holdings is also proposing to undertake a bonus issue of up to 1.59 billion free warrants, on the basis of five warrants for every 16 existing shares.

At an indicative exercise price of 4 sen, these warrants would be able to raise as much as RM63.85 million, which will be utilised for working capital.

EA Holdings shares closed unchanged at 4.5 sen today, giving it a market capitalisation of RM156.54 million.

KUALA LUMPUR (Dec 7): Hard disk drive parts maker MQ Technology Bhd (MQ Tech) plans to diversify into providing marketing services and manpower for gaming-related businesses, and proposes a private placement to raise some RM4.15 million for that purpose.

This follows the marketing agreement it inked with Vivo Tower Holdings Ltd today to exclusively develop and implement marketing services, as well as manpower, for Vivo Towre's operations in designated gaming and entertainment rooms in the Star Vegas Resort & Club in Poipet, Cambodia.

In a Bursa Malaysia filing, MQ Tech said it expects a 25% contribution or more to its net profit from the diversification, which may cause a diversion of 25% or more of its net assets, moving forward.

It believes the proposed diversification will provide an additional source of income stream to address its financial concerns, while continuing with its existing principal activities.

“The board will review the group's business operations from time to time, with the intention to reduce its financial losses where possible,” MQ Tech said.

On the proposed private placement, under which it will place out 82.95 million new shares at an issue price of five sen apiece to raise RM4.15 million, MQ Tech inked two subscription agreements with its executive director Wong Ken Hong, and an individual named Woo Yee Foo.

The group said it plans to tap into the Cambodian gaming industry with the diversification, by establishing marketing strategies to attract Asians to the casino premises, including the use of online marketing channels to target Vivo Tower's database customers with various promotional programmes.

The provision of such marketing services will start once relevant approvals under the marketing agreement are obtained, and will last till the end of Vivo Tower's five-year lease — which began on July 1 this year — in the resort, the filing said.

The Star Vegas Resort & Club comprises a casino and hotel complex established in 1999. It has approximately 139 gaming tables, 1,522 electronic gaming machines and 385 hotel rooms, with multiple restaurants and shops.

MQ Tech expects its proposals to be completed by the first quarter of 2018.

At 4.32pm, MQ Tech shares remained flat at six sen with 3.56 million shares done for a market capitalisation of RM24.88 million.

patient

No movement

Bila mau fly yeah....

Friday fly lah tu

Slow2 esok nak naik harga

Brapa naik

Any good news?

Not so ...

Tomorrow go up

Nova MSC Bhd has won the tender to develop and maintain a Construction and Real Estate Network System 2.0 in Singapore for S$26.85 million (RM83.2 million)...... interesting

take profit

wow

### the Cambodian Gaming / Casino will be the company Cash Cow , the Gaming License is anytime $$$$$$ >> is it true??

Oh wow

any new contract coming in??

Do you have any new target price

MQTech wishes to announce that Star Acres Sdn. Bhd. (“SASB”) has on 9 October 2017 received the consent and agreement from Cambodia Resort and Entertainment Co., Ltd (“CRE”) to further extend the Memorandum of Agreement expiring on 9 October 2017 for another 90 days from 9 October 2017 to 7 January 2018.

This announcement is dated 9 October 2017.

tomorrow will up again

No movement

Slow & staedyyy

Fly

Huge selling now!!

Not moving at all

Marine & General Berhad (Company)


Stock price: SILKHLD (KLSE) RM0.46 -0.01 (-2.13%)

run

still no steel production yet to date

good counter