PANSAR-PA

Entitlement subject Others
Entitlement description Preferential dividend of 2.12 sen or 4% per annum per Redeemable Convertible Preference Share (RCPS) in respect of the financial year ended 31 March 2023
Ex-Date 29 Aug 2023
Entitlement date 30 Aug 2023
Entitlement time 5:00 PM
Financial Year End 31 Mar 2023

WCE financial Year End Mar 2023 hence this Financial year WCE is going to be profitable simply coz YTD Q3 loss was MYR62mil and YTD Q4 wl be profitable due to extraordinary income from the sale of remaining 40% Radiant Pillar Sdn Bhd (RPSB) to IJM Properties Sdn Bhd, for RM494 million cash and pocketed profit $245mil https://www.edgeprop.my/content/1905302/wce-shareholders-give-nod-disposal-40-stake-rpsb-ijm-properties
reference: https://www.youtube.com/watch?v=kCaldndQ6Rw

another 3 OLD writeup by Choivo Capital frm -ve to +ve opinion:
1: Nov 2018- https://choivocapital.com/2018/11/28/a-brief-analysis-and-valuation-of-wce-holdings-berhad-wcehb/
2: JULY 28, 2020- https://choivocapital.com/2020/07/28/why-highways-are-a-gruesome-industry-wce-holdings-berhad-3565/
3: JANUARY 7, 2021- https://choivocapital.com/2021/01/07/wce-3565-a-2021-update/

0 seconds ago

An old write up which worth reading: https://m.malaysiastock.biz/Blog/BlogArticle.aspx?tid=23794

https://www.theedgemarkets.com/article/wce-1q-net-loss-narrows-lower-interest-expenses-higher-share-profit-associates

another writeup worth reading: https://klse.i3investor.com/web/blog/detail/chivocapital/2020-12-28-story-h1538426298-_CHOIVO_CAPITAL_WCE_3565_When_the_roads_align_562_Upside

hope IJM able to strike a deal to sell off WCE highway to ALR: https://www.theedgemarkets.com/article/ijm-talks-sell-highways-amanat-lebuhraya-rakyat

Quick Summary frm the Star:
Almost all issues that have plagued WCE's biggest project have been resolved.

The West Coast Expressway, which was supposed to be fully opened to public in 2019, is currently 82% completed.

THE past several years were excruciating for WCE Holdings Bhd, especially with its crown jewel project – the RM7bil West Coast Expressway – delayed since 2019.

Kindly share what The Star has published

https://www.youtube.com/watch?v=bpcLaM_Ytn0&t=0s

https://www.youtube.com/watch?v=3wilmWdpQxY

PANSAR BERHAD

Entitlement subject Others
Entitlement description Preferential dividend of 2.12 sen or 4% per annum per Redeemable Convertible Preference Share (RCPS) in respect of the financial year ended 31 March 2022
Ex-Date 12 Aug 2022

PANSAR BERHAD

Entitlement subject Others
Entitlement description Preferential dividend of 2.12 sen or 4% per annum per Redeemable Convertible Preference Share (RCPS) in respect of the financial year ended 31 March 2022
Ex-Date 12 Aug 2022

Bursa has replied to my complaint against Pansar Bhd:
Thank you for contacting Bursa Malaysia's Customer Care.


Dear Sir/Madam

Please take note that the Company has clarified that the declaration of RCPS dividend will be raised as matter for discussion and consideration during Pansar's upcoming Board meeting, which is expected to be held by July 2022, and will take into consideration, amongst others, the availability of profits and compliance with the Companies Act 2016 in conjunction with the FYE 31 March 2022 financial results.

The Board of the Company will determine the declaration of dividend upon finalization of the Company’s year-end accounts.

Thank you.


Bursa 2U
Bursa Malaysia Berhad 

I received the following email frm their CRM system upon submitting my complaint. Let me follow up and update u guys in 3 working days.
Dear XXXX ,
Please be informed that your enquiry has been received by us. You should expect a response from us within three market days. However if you do not hear from us within that time, your enquiry may require further analysis or may have been forwarded to the relevant department for their further action.



Below is the information:

I called Metra Management Sdn Bhd to enquire abt the 4% interest payment which has overdue and their reply was they don't know and direct me to call Company Secretary directly :Pauline Kon Suk Khim. Pauline replied is that it is not necessary to for Pansar to pay the interest on the anniversary and asked me not to worry as they are financially strong. Anyway, I hv lodged a complaint and hope u guys do the same to assert pressure for Pansar not to play hardball with shareholders.

if you wish to submit similar complaint pls visit - https://www.bursamalaysia.com/contact_us/other_complaints

if you wish to assert more pressure pls submit your complaint via https://www.bursamalaysia.com/contact_us/other_complaints

Don't worry, guys. I have lodged an official complaint on this Pansar Bhd via bursa official portal

does anyone know when is Pansar-PA going to announce the 4% interest payment? in the prospectus it indicates that it wl pay on each anniversary on the PA. it has been more than a year since it was listed on 1st April 2021.