My guess was right for dxn, refer my previous comments..

Picorp will be the next one for sudden surge.. just be patient

Dxn dah sudden... giliran picorp anytime

Haji akan jemput pelabur2 Saudi ataupun Indonesia untuk Melabur dalam picorp...barangkali kombinasi belian dari pasaran terbuka dan private placement

Pasaran saham adalah kitaran... bagi picorp, masa terbaik adalah sekarang

Macam ytl semasa ia jatuh sampai 40sen++, ramai yg negative, kini dah more than double

Kini at bottom price, best buy sebelum haji & bini masuk pasAran terbuka sapu bersih :)

Hebat, semua OK:)

Ordinary Resolution 9 - Tier 1
Description Authority to Dato' Hajjah Rosnani Binti Ibarahim who has served as an Independent Non-Executive Director of the Company for a cumulative term of more than nine years, to continue to act as an Independent Non-Executive Director of the Company until the conclusion of the next Annual General Meeting.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 10 0
No. of Shares 358,278,922 0
% of Voted Shares 100.0000 0.0000
Result Accepted

Mau issue kpd raja Arab Saudi ka? :)

Ordinary Resolution 8
Description Authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016 and Waiver of Pre-Emptive Rights pursuant to Section 85 of the Companies Act 2016.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 218 93
No. of Shares 392,748,167 105,439
% of Voted Shares 99.9732 0.0268
Result Accepted

Enjin dah mau mula kot? ;)

Ordinary Resolution 7
Description Proposed renewal of shareholders' mandate to purchase its own ordinary shares of up to 10% of the total number of issued shares in the company.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 226 84
No. of Shares 392,713,751 59,855
% of Voted Shares 99.9848 0.0152
Result Accepted

Ordinary Resolution 4
Description To re-appoint Messrs Ernst & Young PLT as Auditors of the Company and authorise the Directors to fix their remuneration.
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 222 90
No. of Shares 392,802,267 65,339
% of Voted Shares 99.9834 0.0166
Result Accepted

Back to 35sen+ pun tak mustahil, tengok langkah licik haji dulu :)

Maybe, tak pasti, pengasas haji let the price up to 35sen+ earlier, and his retired independent director a Singaporean sold some shares already... now let it down for privatisation kot?

Continuous monitoring for sudden surprise:)

this stock is very illiquid.... at level, RM1mil could drive the price above 10sen... artificial the current price

Tunggu pengasas dan bininya lakukan sesuatu kini.

#Shareholders seeking greater returns and more efficient allocation of capital.

Just grab the cheap shares from cash poor retailers demi kelangsungan okey? :)

ada wang / kecairan, boleh kumpul lagi :)

tunggu tindakan baik haji dan bininya lah. Volum adalah rendah selepas dibawah 10sen... semua pegang kecuali some desperado mau wang dalam ekonomi sekarang :)

Date

Price

Open

High

Low

Vol.

Change %
06/01/2023 0.075 0.085 0.085 0.075 927.50K -11.76%
05/01/2023 0.085 0.100 0.105 0.085 862.90K -15.00%
04/01/2023 0.100 0.095 0.110 0.090 3.30M +5.26%
03/01/2023 0.095 0.335 0.340 0.090 439.19M -71.64%
02/01/2023 0.335 0.280 0.350 0.270 349.99M +19.64%
01/01/2023 0.280 0.260 0.295 0.230 365.37M +7.69%
12/01/2022 0.260 0.200 0.260 0.200 369.10M +30.00%
11/01/2022 0.200 0.150 0.205 0.145 328.82M +37.93%

patience in investments

http://zaiyadal.com/

pemegang saham utama bagi PICORP adalah seperti berikut:

No. Pemegang Saham Pemegangan Saham (%)
1 Zaiyadal Keluarga Sdn Bhd 47.23%
2 Urusharta Jamaah Sdn Bhd 9.91%
3 Zaid bin Abdullah 7.30%
4 Zaidah binti Mohd Salleh 1.34%
Zaid bin Abdullah dan Zaidah binti Mohd Salleh adalah suami isteri dan mereka adalah pemegang saham utama PICORP dan mempunyai kepentingan saham di dalam Zaiyadal Keluarga Sdn bhd.

– Zaid bin Abdullah dilantik sebagai Executive Deputy Chairman
– Zaidah binti Mohd Salleh dilantik sebagai Non-Executive Director
– Usamah bin Zaid (anak mereka) dilantik sebagai Non-Executive Director

Sumber: Laporan Tahunan

Segmen 3: Wastewater Treatment and Solutions (WTS)
Segmen ini merupakan segmen terkecil bagi PICORP. Ia telah mencatatkan kerugian bagi tempoh 8 tahun di dalam 10 tahun yang lalu. Pada tahun 2018, ia telah mencatat perolehan sebanyak RM 1.7 juta dan kerugian segmen sebanyak RM 0.6 juta

Segmen 2: Environmental Consultancy & Monitoring Services (ECM)
PICORP memberi ECM melalui Alam Sekitar Malaysia (ASM) Sdn Bhd. Ia adalah syarikat milik penuh PICORP. Sepanjang 10 tahun lepas, ia mencatat kemerosotan daripada segi perolehan dan keuntungan.

Perolehan telah jatuh daripada RM 57.3 juta pada tahun 2010 kepada RM 32.4 juta pada tahun 2018 dan keuntungannya telah menurun daripada RM 15.0 juta pada tahun 2010 kepada RM 31.0 ribu pada tahun 2018.

Segmen 1: Lab Testing
PICORP memberikan perkhidmatan chemical testing kepada industri F&B melalui ALS Group. Kini, PICORP memegang 47% pegangan saham di dalam ALS. Segmen ini telah mencatat pertumbuhan konsisten dari segi perolehan dan keuntungan di dalam masa 10 tahun yang lepas.

Perolehan menaik dari RM 22.8 juta pada tahun 2009 kepada RM 50.4 juta pada tahun 2018. Maka, ia telah meningkatkan keuntungannya daripada RM 13.0 juta pada tahun 2009 kepada RM 21.6 juta pada tahun 2018.

Maybe, haji punya strategi untuk menekan harga picorp supaya dia dapat harga yg rendah untuk MGO nanti

Haji , the founder can take picorp and relist at much higher valuation by adding some of its private Biz in the new entity.. wait n see, banyak peluang bagi picorp untuk naik :)

Kini harga pasaran 8sen = nta 8sen... mungkin pengasas mau swastakan picorp dan relisting dengan Biz lainnya untuk ipo baru bagi menambahkan kekayaan bersih lagi :)

The PICORP WAY is the set of principles and behaviours that underline the ZKSB Family Group of Companies core values that we uphold throughout our operations and business worldwide. Peak Performance, Innovative, Competitive, Obedient to Allah, Result Oriented and Process Excellence are the PICORP Way that streamlines the work culture, the people and the processes within the group towards achieving the company's goals and objectives.

P
Process Excellence
Setting standards and deliver measurable performance in everything we do

I

Innovative
Continuously translating ideas and innovation into products services that create values to customers

C

Competitive
strong desire to win and be the best in our offerings

O

Obedient to Allah
Abiding by the order of Allah and avoid all His prohibitions

R

Result Oriented
Always start with the end in our mind. Defining results that we want to achieve in advance

P

Peak Performance
Performing to the maximum of our ability with feeling of confidence, effortlessness and total concentration

ZKSB HQ
Location
Suite 4.02, Mercu Picorp,
Jalan Astaka U8/84, Bukit Jelutong ,
Shah Alam , 40150 Selangor Darul Ehsan

Location
+603-78456566

Location
+603-7842 3156

Location
support@zksb.com.my

OUR SUBSIDIARIES
ZASB Zaiyadal Aquaculture Sdn Bhd

ZASB Zaiyadal Agriculture Sdn Bhd

ZASB Zaiyadal Trading Sdn Bhd

ZASB DM Station by RMU

KUALA LUMPUR: The capital market can play a pivotal role by facilitating funding access to support the growth of sustainability-related investment products.

Securities Commission Malaysia (SC) chairman Datuk Seri Awang Adek Hussin said one of SC’s key priorities is ensuring that the capital market is able to channel funds as well as capital towards meeting sustainability targets.

"To do so, investors and lenders will require more transparent, comparable and reliable information from companies on their sustainability journey.

"These data and information will allow investors to better price such risks and opportunities,” he said in his opening address at the Sustainable and Responsible Investment (SRI) Virtual Conference 2023, today.

Awang Adek said the International Sustainability Standards Board (ISSB) is developing a global baseline standard for sustainability disclosures, which is expected to be completed this month.

"Given the complexity and different levels of market maturity in terms of sustainability practices and reporting, it is expected that jurisdictions will be given some flexibility to set their own timeline for adoption of these disclosure standards,” he said.

From the emerging market’s perspective, he said Malaysian public-listed companies should be ahead of the curve, given their headstart in sustainability reporting since 2015, as Bursa’s sustainability reporting requirements are also in line with the ISSB standards.

"I urge companies to take immediate steps to meet the information needs of stakeholders if they have not already done so.

"The SC and Bursa will provide companies with the required support, including capacity building programmes,” he said.

Meanwhile, Awang Adek said the SRI Taxonomy for the Malaysian capital market, which was unveiled recently, is aimed at ensuring the standardisation and comparability of SRI and sustainability assets.

"We believe that this will also enhance the synergies between Islamic investing principles and SRI.

"A prime example of social finance is waqf, which is endowments or charitable trusts that can be utilised for social causes such as education, healthcare and poverty alleviation.

"Given its role in enhancing societal welfare, I would like to urge the private sector to consider this Islamic structure in promoting and satisfying its social obligations,” he said.

He added that the SC is currently working on guiding principles based on Maqasid al-Shariah (the objectives or purposes behind Islamic rulings), encompassing areas such as social finance, impact investing, SRI as well as Islamic fund and wealth management.

"We hope this will attract more interest for social finance in Malaysia, as well as better align with Islamic principles to promote socially beneficial outcomes with the overall sustainability agenda,” he said.

Themed "Revving Up the Race for Sustainability”, the fourth edition of the SRI conference is being held from June 21-22, hosted by the Securities Industry Development Corporation, the capacity-building arm of the SC.

The conference features more than 30 local and international industry leaders and experts, covering a wide range of cutting-edge sustainability topics such as ‘Sustainability by Design’ and ‘SRI Catalysing A Shared Value for Business and the Nation’. - Bernama

Baguslah... cari pembeli jika haji/hajjah mau cash out & focus pada Biz peribadi.. dah 70++ :)

7201 PICORP PROGRESSIVE IMPACT CORPORATION
Change in Boardroom
Date of Change: 30/05/2023
Type of Change: Appointment
Designation: Chairman
Directorate: Ind & N/Exec
Name: SYED HISHAM BIN SYED WAZIR
Age: 68
Country:
Nationality: Malaysia
Qualifications:
Working Experience and Occupation:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Directorship of public companies (if any):
1. MSM Malaysia Holdings Berhad2. Bermaz Auto Berhad
Family relationship with any director and/or major shareholder of the listed issuer:
Nil
Details of any interest in the securities of the listed issuer or its subsidiaries:
Nil
Remarks:
Datuk Syed Hisham bin Syed Wazir's appointment took effect upon the
conclusion of the 31st Annual General Meeting held on 30 May 2023.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

30/05/2023 07:00 AM


Ref Code: 202305303300817

Purchase Price
In compliance with the Listing Requirements, PICORP may only purchase its own Shares at a
price, which is not more than fifteen per cent (15%) above the weighted average market price
for the five (5) Market Days immediately preceding the date(s) of the purchase(s).

Quantum
Based on the issued share capital of PICORP comprising 658,000,000 PICORP Shares as at
LPD, a maximum of 65,800,000 PICORP Shares, representing 10% of the total number of
issued shares of PICORP, may be repurchased by the Company pursuant to the SBB Mandate.
Nevertheless, the actual number of Shares in PICORP to be purchased by the Company
pursuant to the SBB Mandate, the total amount of funds involved for each purchase and the
timing of the purchase(s) will depend on inter-alia, the market conditions and sentiments of
the stock market as well as the availability of financial resources of the Company and the
availability of the retained profits of the Company

Direct interest Indirect interest
No. of Shares % No. of Shares %
Interested Directors and Major Shareholders of PICORP
Zaid~ 44,875,100 6.85 304,370,422* 46.44
Zaidah~ 8,769,400 1.34 304,370,422* 46.44
Interested Directors of PICORP
Usamah~ 112,000 0.02 - -
Fatimah Zahrah~ 110,300 0.02 - -
Interested Director of subsidiaries of PICORP
Johar 1,523,000 0.23 - -
Interested Major Shareholder of PICORP
ZSB 303,893,622 46.37 - -
ZKSB Holdings Sdn Bhd - - 303,893,622@ 46.37
Zaid & Zaidah (L) Foundation - - 303,893,622^ 46.37
Notes:-
~ Zaid and Zaidah are spouses whilst Usamah and Fatimah Zahrah are their children.
* Deemed interest by virtue of his/her interest in Zaid & Zaidah (L) Foundation pursuant to
Section 8 of the Act and indirect interest by virtue of his/her children’s shareholdings
pursuant to Section 59(11)(c) of the Act.
@ Deemed interest by virtue of its interest in ZSB pursuant to Section 8 of the Act.
^ Deemed interest by virtue of its interest in ZKSB Holdings Sdn Bhd pursuant to Section 8
of the Act.

PICORP
Group
ZSB
Group(2)
Provision of
environmental services
including consultation,
supply of manpower,
equipment, siteinstallation, site
acceptance test and
commissioning services
by PICORP Group to
ZSB Group.
20,000,000 ZSB is a company in which
Zaid, Zaidah, Usamah and
Fatimah Zahrah are directors
with 100% indirect interest.

Company
involved
Transacting
Parties
Categories of
Recurrent
Transactions
Previous
estimated
value^
(RM)
Actual
value
transacted^
(RM)
Estimated
value*
(RM)
Interested Directors /
Major Shareholders
and persons
connected to them
PICORP
Group
Intelligent
Aqua(7)
Reselling of water
treatment technology by
PICORP Group as a
non-exclusive distributor
for Intelligent Aqua
100,000,000 - 100,000,000 Intelligent Aqua is a
company in which Zaid
and Zaidah are directors
with indirect interest of
60% and Johar is a
director with
Intelligent
Aqua(7)
Supply of water
treatment technology by
Intelligent Aqua to
PICORP Group
70,000,000 - 70,000,000 indirect interest of 17%
held through PITECH
and Intelligent Water
Group Sdn Bhd.
Usamah and Fatimah
Zahrah are also deemed
interested by virtue of
their family relationship
to Zaid and Zaidah

Price Target
A price target is an analyst's projection of a share's future price.

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

0.08

Avg Target Price

0.28

Upside/Downside

+0.20 (250.00%)
Price Call

https://klse.i3investor.com/web/stock/analysis-price-target/7201

Harvest after prn, best time to buy is now :)

Malacca Securities Research gave a more optimistic projection that bargain-hunting activities may sustain int the near-term given the oversold situation on the FBM KLCI.

"Nevertheless, the upside might be capped over the near term prior to the state elections that will be held in 3Q2023," it added in its market commentary.

Kuala Lumpur: Perubahan kepada pasaran modal negara terutama melalui Bursa Malaysia Bhd (Bursa Malaysia) termasuk pengenalan insentif oleh kerajaan dijangka mampu menarik pelabur asing sekali gus bakal menaikkan kembali mata wang ringgit.

Penganalisis ekonomi, Prof Madya Dr Aimi Zulhazmi Abdul Rashid berkata, antara insentif penting adalah membuat perubahan kepada pasaran modal negara iaitu di Bursa Malaysia kerana ia menjadi pasaran saham paling rendah prestasinya tahun ini berbanding pasaran saham negara Asean lain, iaitu penurunan 7.0 peratus.

Katanya, amat penting Bursa Malaysia disusun semula melalui insentif segera termasuk diumumkan Perdana Menteri Datuk Seri Anwar Ibrahim seperti penurunan cukai setem sebanyak 0.05 peratus kerana ia dapat menggalakkan lebih banyak jumlah transaksi bagi menarik pelabur.

"Ini termasuk menarik pelabur asing untuk melihat Bursa Malaysia yang lebih vibrant (bersemangat) dan menarik nilai pelaburan lebih tinggi.

"Aliran pelaburan masuk ke Bursa Malaysia oleh pelabur asing dan juga pengurus dana tempatan pasti akan secara langsung menaikkan nilai mata wang ringgit apabila ia perlu dibeli untuk dilaburkan di pasaran saham Bursa Malaysia.

"Kerajaan juga mengambil langkah jangka panjang untuk memberikan insentif kepada pelabur, pengurus dana terutama daripada modal teroka, angel investors (pelabur pemurah) untuk melabur dengan cara yang lebih murah dan pantas dalam pelbagai industri terutamanya yang membabitkan pembangunan syarikat pemula, perusahaan, mikro, kecil dan sederhana (PMKS) dalam bidang ekonomi digital," katanya kepada Harian Metro.

Menurutnya, proses syarikat baru untuk kelulusan bagi disenaraikan di Bursa Malaysia turut diperbaiki supaya lebih cepat dan berkesan kerana ini akan menarik kembali pelabur secara aktif ke Bursa Malaysia.

"Bursa Malaysia memerlukan lebih banyak aktiviti seperti tawaran awam permulaan (IPO) dan penggabungan dan pengambilalihan (M&A) untuk menarik lebih ramai pelabur terutama daripada pengurus dana asing.

"Secara langsung, ia bakal menaikkan kembali mata wang ringgit melalui pelaburan terbabit dan sektor ekuiti di dalam pasaran modal Malaysia sememangnya memerlukan perhatian atau revamp (rombakan) selepas tiada aktiviti besar yang boleh menarik pelaburan bernilai tinggi," katanya.

Terdahulu, Anwar mengumumkan tiga tonggak utama bagi menjadikan pasaran saham tempatan lebih berdaya saing.

Antaranya, kadar duti setem bagi saham didagangkan di Bursa Malaysia dikurangkan daripada 0.15 peratus pada masa ini kepada 0.10 peratus nilai kontrak, tertakluk kepada had maksimum RM1,000 setiap kontrak berkuat kuasa Julai depan.

Selain itu, kerajaan akan menggalakkan usaha korporat untuk memacu pelaburan langsung domestik (DDI) yang lebih besar melalui dasar cukai dan insentif yang memudahkan serta pembaharuan struktur untuk pasaran modal Malaysia dan transformasi ekonomi.

20, June 2023, Tuesday

*USA*
_Markets were closed for the regular trading session Monday due to the Juneteenth holiday._

*EUR*
European markets fell at the start of the new trading week as investors remained jittery over the economic outlook.

*ASIA*
Asia-Pacific markets traded mixed Tuesday as investors closely watch for China’s loan prime rate decision, after its central bank cut some of its key lending rates last week.

*MALAYSIA*
Bursa Malaysia opened easier on Tuesday (June 20), tracking global bourses’ lacklustre performance on worries over China’s economy, dealers said.

*GOLD*
Gold prices ticked down in light trade on Monday, pressured by a stronger dollar, as investors assessed the path ahead for interest rates following hawkish remarks from U.S. Federal Reserve policymakers.

*OIL*
Global oil prices fell more than $1 on Monday, backing off last week’s gains, as questions over China’s economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas rigs operating in the United States.

*KLCI*:
1,387.33 (-1.28) (-0.29)

*DJIA*:
34,299.12 (0.00) (0.00%)

*S&P 500*:
4,409.59 (0.00) (0.00%)

*NASDAQ*:
13,689.57 (0.00) (0.00%)

*FTSE*:
7,588.48 (-54.24) (-0.71%)

*NIKKEI*:
33,370.32 (-335.66) (-1.00%)

*HSI*:
19,912.89 (-127.48) (-0.64%)

*HSCEI*:
6,776.55 (-56.45) (-0.83%)

*SHANGHAI*:
3.233.67 (+4.84) (+0.15%)

*SHENZHEN*:
2,081.49 (-1.86) (-0.09%)

*GOLD*: 1,963.10

*CRUDE OIL*: 76.09

*USD/MYR*: 4.6372

_Source: The Edge, The Star, CNBC, MarketWatch & Bloomberg_

*Disclaimer:*
_We have compiled this material with information obtained from sources we believe to be reliable, but we do not make any representation or warranty nor accept any responsibility or liability as to its accuracy, completeness or correctness. It contains general information only on investment matters and the information is subject to change. The material above should not be considered as a comprehensive statement on any matter and should not be relied upon as such. The data presented is for information purposes only and is not a recommendation to buy or sell any securities or adopt any investment strategy. This material is not intended to be relied upon as a forecast, research, or investment advice regarding a particular investment or the markets in general, nor is it intended to predict or depict performance of any investment._

KUALA LUMPUR: The reduction in stamp duty will stimulate market activity and liquidity, attracting greater investor interest and bolstering trading volumes, according to the Association of Stockbroking Companies Malaysia (ASCM).

“By encouraging retail investors to actively participate in the capital market, these measures align with the pillar of creating market vibrancy, as outlined in the government's strategic agenda. This reduction demonstrates the government's dedication to fostering an inclusive and dynamic financial landscape that benefits all stakeholders,” ASCM said in a statement.

ALSO READ: Bursa Malaysia stamp duty rate to be reduced to 0.1% from July - PM

Earlier, Prime Minister Datuk Seri Anwar Ibrahim announced that the stamp duty rate for shares traded on Bursa Malaysia will be reduced from the current 0.15% to 0.1% of the contract value from July 2023 onwards, subject to a maximum cap of RM1,000 per contract.

“We commend this decision, as it will directly lower the cost of transactions, particularly benefiting retail investors who are particularly sensitive to costs. Moreover, maintaining the stamp duty cap at RM1,000 per contract further ensures that the reduction extends to a broad spectrum of market participants.

The association said the government's commitment to exploring ways to reduce market friction and expediting the time-to-market for initial public offerings demonstrated a clear commitment to enhancing efficiency and effectiveness within the industry.

ALSO READ: PM: Strategies to boost capital market will likely support ringgit

“By identifying and addressing obstacles that impede market participants, the capital market regulators actively contribute to creating a seamless and conducive environment for investment and growth.

“Furthermore, by streamlining processes and reducing barriers, these initiatives have far-reaching benefits that extend to all stakeholders involved in the capital market ecosystem. This, in turn, encourages more businesses to go public, stimulates capital formation, and provides greater opportunities for investors to diversify their portfolios,” ASCM said.

“Moreover, maintaining the stamp duty cap at RM1,000 per contract further ensures that the reduction extends to a broad spectrum of market participants,” it added.

“We firmly believe that these measures will not only benefit investors but also contribute to the overall growth and vibrancy of Malaysia's capital market.”

Go4it... huatlah nanti :)


KUALA LUMPUR: The strategies to boost the Malaysian capital market announced today will likely help to shore up the ringgit, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, who is also the Finance Minister, said the country's economic fundamentals are still strong.

"It is not interrelated, but hopefully we can...The most important is (that) the (economic) fundamentals are strong," Anwar told reporters after the launch of the flagship Capital Market Graduate Programme (CMGP) for Graduates here, today.

He said this when asked on whether the announcement would help to strengthen the local currency.

Meanwhile, the CMGP aims at enhancing graduate employability and ensuring a sustainable talent pipeline to ease the shortage of skilled talent in the capital market.

To widen the affordable investment choices for the public and deepen investors' interest in the domestic capital market, Anwar also announced the reduction of stamp duty rate for shares traded on Bursa Malaysia Securities from the current 0.15 per cent to 0.10 per cent of contract value, subject to a maximum cap of RM1,000 per contract, from next month.

The Ministry of Finance and the Securities Commission Malaysia (SC) are also looking at widening the definition of sophisticated investors including angel investors.

The SC and Bursa Malaysia will also implement reforms this year to make it easier and faster to list on the local exchange by expediting the initial public offering process and reducing time-to-market to ensure Malaysia’s competitiveness and attractiveness. - Bernama

Hong Kong’s Hang Seng Index Closes 1.07 Pct Higher
By Xinhua News Agency On Jun 16, 2023
HONG KONG, June 16– Hong Kong’s stock market ended higher on Friday with the benchmark Hang Seng Index up 1.07 percent to close at 20,040.37 points.

HONG KONG, June 16 (Xinhua) — Hong Kong’s stock market ended higher on Friday with the benchmark Hang Seng Index up 1.07 percent to close at 20,040.37 points.

The Hang Seng China Enterprises Index rose 0.89 percent to end at 6,833 points, and the Hang Seng Tech Index gained 0.84 percent to close at 4,233.49 points. Enditem

Hong Kong to introduce yuan share trading on June 19, ‘cementing its role as the world’s leading offshore yuan hub’, HKEX’s Aguzin says
Companies such as Alibaba that represent almost 40 per cent of Hong Kong’s market turnover have applied for yuan share counters
Countries using the yuan for trade settlements will also be interested in trading yuan shares in Hong Kong, lawmaker for the financial services sector Robert Lee says

Pasti Fly after prn :)

https://www.thestar.com.my/business/business-news/2023/06/17/foreign-direct-investment-on-the-rise

Kalau ada wang, juga harus beli stok2 China kini.

China kian maju masakini

The company would seek to be a patriotic company in China that "loves the Communist Party", its China president said in May. Last year, the country accounted for 13% of AstraZeneca's total sales, and the company is China's biggest drugmaker.

"AstraZeneca planning China business spin off -FT"

https://uk.investing.com/news/stock-market-news/astrazeneca-planning-china-business-spin-off-ft-3055794

KUALA LUMPUR: Most small and medium enterprises (SMEs) in Malaysia are unconsciously adopting environmental, sustainable, and governance (ESG) practices, according to Grant Thornton Malaysia.

These practices would include going paperless, using mugs instead of plastic or paper cups, reducing carbon emissions by saving electricity, and encouraging staff to track their own carbon footprints, said country chief executive officer Kishan Jasani.

"In fact, employee well-being is also an emerging ESG concern for companies and investors (and) this is being addressed through initiatives such as flexible working hours and internal wellness programmes.

"Most SMEs are heading in the right direction as they believe that committing to ESG practices can create long-term value, foster a strong workforce and lead to increase business opportunities,” he told Bernama recently.

Jasani said that based on the accounting firm's survey last year involving more than 5,000 SMEs around the world, one out of five SMEs aimed to contribute to the net-zero target.

"The main motivations identified for adopting such practices were to improve productivity, achieve cost savings and enhance brand reputation,” he said.

Moreover, he noted that the nature of ESG would evolve in response to global changes, underscoring its growing importance for innovation, business resilience, and sustainable growth.

"Based on Grant Thornton International Business Report 2022, two-thirds of the companies required to produce a sustainability report had already done so for scope one and two greenhouse gases (GHG) emissions.

"However, only one-third of the companies are reporting on scope three GHG emissions, while 75 per cent of mid-market companies are not reporting due to their unfamiliarity with this area and lack of knowledge regarding the value chain.

"I believe that with assistance from regulators such as the Companies Commission of Malaysia and Bursa Malaysia, more companies will undertake reporting and receive clearer guidance to improve their practices,” said Jasani.

Meanwhile, United Nations Global Compact Network Malaysia and Brunei (UNGCMYB) programmes and SME Centre of Excellence director Shanta Helena Dwarkasing said SMEs would be welcome to assess their climate action readiness level via UNGCMYB’s climate action programme for the supply chain, namely promoting green, resilient and sustainable SMEs (Pro-Gress) toolkit.

"The programme, in collaboration with Alliance Bank, also provides SMEs with peer benchmarking, getting a customised climate transition action plan and tapping into the ecosystem to improve climate resilience.

"Besides that, they can also access our SME ESG Hub website to get a comprehensive guide and resources on achieving ESG practices for beginners.

"The hub consists of four gateways in which they can access the various resources, namely to inspire, plan, act and communicate on their ESG journey,” she added. - Bernama

Semua stoks yg kamu sebut, tu Stok geng mafia.
Jangan sentuh.

Saya ada sebut ytl, aeon, dll... tolong pergi periksa, untung tak :)



@BILLC

Better don’t listen to the poor good123,,,,else you will kalah terukkkkk like those suffering in mlaps,,pasukhas,,,DLL,,,

1 day ago

The Nasdaq also ended the week lower, although the index and the S&P 500 remained near 14-month highs after economic data this week pointed to cooling inflation, eclipsing concerns about further rate hikes.

KUALA LUMPUR: Late buying lifted Bursa Malaysia to end at its intraday high Friday, in sync with the upbeat performance in regional bourses as market sentiment turned positive, fuelling investors' risk appetite.

Sama saja dimana-mana.. kitaran pasaran saham, giliran Malaysia anytime :) nanti berebut-rebut untuk mrmbeli lebih :p


The 15% year-to-date rally in the S&P 500 is pulling once doubtful investors back into the market. Many who had whittled down stock holdings during 2022's painful decline are shifting gears.

NEW YORK: A few months ago, most investors feared having too much exposure to equities. Now many are worried they may not have enough.

The 15% year-to-date rally in the S&P 500 is pulling once doubtful investors back into the market. Many who had whittled down stock holdings during 2022's painful decline are shifting gears.

KUALA LUMPUR: Most small and medium enterprises (SMEs) in Malaysia are unconsciously adopting environmental, sustainable, and governance (ESG) practices, according to Grant Thornton Malaysia.

These practices would include going paperless, using mugs instead of plastic or paper cups, reducing carbon emissions by saving electricity, and encouraging staff to track their own carbon footprints, said country chief executive officer Kishan Jasani.

"In fact, employee well-being is also an emerging ESG concern for companies and investors (and) this is being addressed through initiatives such as flexible working hours and internal wellness programmes.

"Most SMEs are heading in the right direction as they believe that committing to ESG practices can create long-term value, foster a strong workforce and lead to increase business opportunities,” he told Bernama recently.

Jasani said that based on the accounting firm's survey last year involving more than 5,000 SMEs around the world, one out of five SMEs aimed to contribute to the net-zero target.

"The main motivations identified for adopting such practices were to improve productivity, achieve cost savings and enhance brand reputation,” he said.

Moreover, he noted that the nature of ESG would evolve in response to global changes, underscoring its growing importance for innovation, business resilience, and sustainable growth.

"Based on Grant Thornton International Business Report 2022, two-thirds of the companies required to produce a sustainability report had already done so for scope one and two greenhouse gases (GHG) emissions.

"However, only one-third of the companies are reporting on scope three GHG emissions, while 75 per cent of mid-market companies are not reporting due to their unfamiliarity with this area and lack of knowledge regarding the value chain.

"I believe that with assistance from regulators such as the Companies Commission of Malaysia and Bursa Malaysia, more companies will undertake reporting and receive clearer guidance to improve their practices,” said Jasani.

Meanwhile, United Nations Global Compact Network Malaysia and Brunei (UNGCMYB) programmes and SME Centre of Excellence director Shanta Helena Dwarkasing said SMEs would be welcome to assess their climate action readiness level via UNGCMYB’s climate action programme for the supply chain, namely promoting green, resilient and sustainable SMEs (Pro-Gress) toolkit.

"The programme, in collaboration with Alliance Bank, also provides SMEs with peer benchmarking, getting a customised climate transition action plan and tapping into the ecosystem to improve climate resilience.

"Besides that, they can also access our SME ESG Hub website to get a comprehensive guide and resources on achieving ESG practices for beginners.

"The hub consists of four gateways in which they can access the various resources, namely to inspire, plan, act and communicate on their ESG journey,” she added. - Bernama