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2024-08-22 09:45 | Report Abuse
👉
AS AT 30 SEPTEMBER 2022
Name of substantial shareholders
No. of ordinary shares
1. Dato’ Sri Thong Kok 166,064,962 25.05 Khee *
25.05 %
2. M & A Investments
International Limited 124,420,289 18.77%
3. Dato’ Thong Kok Yoon ** 74,203,648 11.19 %
Direct and deemed interest by virtue of his family members’ interest and his substantial interest in M&A Investments International Limited, Immobillaire Holdings Sdn Bhd, Baktihan Sdn Bhd, Winfields Development Sdn Bhd and Montprimo Sdn Bhd.
** Direct and deemed interest by virtue of his family members’ interest and his substantial interest in Perak Traders Holdings Sdn Bhd and Baktihan Sdn Bhd.
Name of shareholders No. of ordinary % shares:
1. Baktihan Sdn Bhd 21,746,400 3.28 %
Dato’ Sri Thong Kok Khee + Dato’ Thong Kok Yoon deemed interest: 25.05 +11.19 - 3.28 = 32.96%
Since Dato’ Sri Thong Kok Khee and PAC hold 32.96% and Insas cannot do any SBB that will result in Dato’ Sri Thong and PAC trigger the 33% MGO threshold provided Dato’ Sri Thong and PAC seek and table a SBB MGO waiver for shareholder approval.
Question:
Why the Board table Ordinary Resolution 7 – Proposed renewal of authority for the Company to purchase its own shares without Dato’ Sri Thong and PAC seeking to table a SBB MGO waiver for shareholder approval?
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The Company had obtained the shareholders’ approval for the renewal of the authority to purchase its own shares at the 59th AGM held on 2 December 2021. The said authority is going to expire at the conclusion of the 60th AGM of the Company.
Ordinary Resolution 7 is being tabled at the AGM as approval is required from the shareholders of the Company to renew the authority to purchase up to 10% of the
total number of issued shares of the Company. The renewal of authority will provide flexibility to the Company for any possible share buy-back activities and to avoid any delay and costs involved in convening general meeting to approve such share buy-back authority in the event:
(i) the shareholdings of Dato’ Sri Thong and PAC reduce to a level which allows such Share Buy-Back scheme to be undertaken; or
👉 (ii) Dato’ Sri Thong and PAC seek and obtain waiver of MGO from the shareholders and relevant regulatory authorities.
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2024-08-21 23:36 | Report Abuse
Several Nvidia customers are expected to launch new AI products and set up data centers by early next year, and this delay can cause significant disruption to their plans.
Google is estimated to have placed an order of more than 400,000 GB200 chips. Meta has also placed a similar order, while Microsoft wants at least 55,000 chips for OpenAI by the first quarter of next year.
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2024-08-21 23:33 | Report Abuse
NVIDIA may face delays in releasing its newest artificial intelligence chips due to design issues, according to anonymous sources involved in chip and server hardware production cited by The Information. The delay could extend to three months or more, potentially affecting major customers such as Meta, Google, and Microsoft.
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2024-08-21 23:23 | Report Abuse
AirTrunk launches AI-ready data centre in Malaysia
The centre will focus on accelerating the energy transition and supporting energy reliability.
Runjhun Pathak
30 July, 2024
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2024-08-21 22:12 | Report Abuse
YTLpower QR ended June 2024 :
1.) YTL Kulai 500 MW Green Data Center Park :
Only mentioned Sea Limited as in QR ended March 2024 . The only Anchor Tenant/ customer since 2022 . No other Tenant .
👉Did not mention the Partnership with Nvidia DC progress same as in Last QR ??
2.) Referred QR ended March 2024 :
PowerSeraya n TNB Genco entered into an arrangement to export n import 100 MW of electricity to Singapore via the newly upgraded interconnector between the 2 countries..
👉No update of any progress ??
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2024-08-21 17:01 | Report Abuse
Jtiasa Quarterly Production output :
July-Sept: FFB MT
2019: 425,801
2020: 326,209
2021: 195,447
2022: 263,948
2023 : 359,739
2024 : July 101,601
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2024-08-21 15:58 | Report Abuse
This article first appeared in The Edge Malaysia Weekly on August 12, 2024 - August 18, 2024
THE future of offshore support vessel (OSV) provider Icon Offshore Bhd (KL:ICON) is in the balance, following reports of an explosion on one of its platform supply vessels (PSVs) in the waters off Sarawak that killed two people and seriously injured a third.
It is understood that oil majors, including Petroliam Nasional Bhd (Petronas), which is the regulator of the oil and gas (O&G) industry in Malaysia, are expected to take a close look at the incident that occurred near an oil platform in Samalaju on Aug 2 and find out what led to the explosion on PSV Icon Amara.
In the O&G industry, health, safety and environment, or HSE, is viewed as paramount, and such an incident where there was loss of life could adversely affect Icon Offshore’s ability to secure future contracts.
“Petronas and basically all oil companies will take the incident seriously when it comes to maritime safety involving their contractors. Since the explosion claimed the lives of two seamen on board the vessel, it will not be something that Petronas can ignore,” an industry observer tells The Edge.
In the chairman’s statement in Icon Offshore’s 2023 annual report, Datuk Abdul Mutalib Alias is quoted as saying that the group has maintained “a zero record of work-related fatalities, a testament to our commitment to the safety of our people. We have reinforced this by sending 52 of our onshore staff members for health and safety standards training”. This suggests how important HSE is in any O&G contract.
Petronas did not immediately respond to questions from The Edge as to whether it was going to investigate the incident and take action against Icon Offshore.
👉At press time, the Lim family of Yinson Holdings Bhd (KL:YINSON) also had not given an answer to The Edge.
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2024-08-21 15:42 | Report Abuse
Referred to QR ended March 2024 :
Power Generation:
> The increase in PBT was mainly due to lower interest expenses following Loans repayments and strengthening of Singapore Dollar against Ringgit Malaysia.
>> The decrease in Revenue was mainly due to the lower pool price.
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2024-08-21 15:41 | Report Abuse
（吉隆坡21日讯）由于业绩不理想，永信东南亚（YSPSAH，7178，主要板医疗保健）股价今日暴跌45仙或16.2%至2.32令吉，跌至4个月以来最低水平，遭马证交所暂停即日卖空（IDSS）。
这家制药公司昨日宣布2024财年次季业绩，由于外汇损失330万令吉，净利大跌74.1%至320万令吉，营业额也下滑4.4%至7614万令吉。
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2024-08-21 12:05 | Report Abuse
1.) Gearing Ratio : 1.19X
Borrowings = 29.38 Billion + 1.95 Billion = 31.33 Billion
Cash n bank balances = 8.76 Billion
Total Equity = 18.97 Billion
👉👉No wander FCF Yield is only 1.71% … paid Borrowings n Interest…
2.) Wessex Water :
FY 2022-23 incurred Losses since FY 18-19 .. bad sign ..
Over the next 5 years need to pump in Huge Capex RM 20 Billion as Ofwat requirements.
3.) Power Generators :
Haha is this YTLpower Plant going to be Phase Out by 2027 .… 1987 to 2023 = 36+
👉. Pulau Seraya Steam Turbine Power Plant
The Pulau Seraya Steam Turbine Power Plant thermal project with a capacity of 1,448MW came online in 1987. YTL PowerSeraya have the equity stakes in the project. It is located in South West, Singapore.
👉What is the service life of power plant?
👉Thermal power plants are designed for an economic lifetime of 30 to 40 years, but some plants have been also used beyond their design life in certain areas. The critical components are the boiler and the turbine.
And :
👉Pulau Seraya Combined Cycle Power Plant
The Pulau Seraya Combined Cycle Power Plant is a 1,472MW thermal project. YTL PowerSeraya owns the project. It was commissioned in 2002. It is located in South West, Singapore.
👉25 to 30 years is a typical expected operating life for a combined-cycle power plant. Extensive maintenance work, component replacements, or failures in the plant's first decade of operation can often be tied to issues with its original engineering, procurement, or construction work.
👉👉2002 to 2023 is 22 years .. Shl be phase out by 2026 to 2031 …
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2024-08-21 11:57 | Report Abuse
Since the first of two power units went live last fall, the Jordanian government has paid only half its monthly dues, Maaitah said.
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Stock: [TSH]: TSH RESOURCES BHD
2024-08-22 10:35 |
Post removed.Why?