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2020-06-16 14:03 | Report Abuse
Today was 5th times can't breaking the block 0.045 .....
2020-06-15 18:43 | Report Abuse
AT SYSTEMATIZATION BERHAD (“ATS” OR THE “COMPANY”)
INCORPORATION OF A NEW WHOLLY OWNED SUBSIDIARY
1. INTRODUCTION
The Board of Directors of AT Systematization Berhad (“ATS” or the “Company”) is
pleased to announce that the Company had on 15 June 2020 incorporated a new
wholly owned subsidiary, AT Glove Engineering Sdn. Bhd. (“AGESB”) (the
“Incorporation”).
2. INFORMATION ON AGESB
AGESB is a private limited company incorporated in Malaysia under the Companies
Act 2016 on 15 June 2020 and the intended principal activities of AGESB are:
(i) manufacture and sale of gloves including medical gloves;
(ii) investment holding; and
(iii) provision of design, engineering and technology works, fabrication as well as
installation of machines for the manufacture of gloves and other rubber-related
products.
The share capital of AGESB is RM2.00 comprising of 2 ordinary shares, all of which
are held by ATS.
3. RATIONALE FOR INCORPORATION
The Incorporation mainly to facilitate the Group’s business expansion plans.
4. FINANCIAL EFFECTS
The Incorporation is funded through internally generated funds and it is not expected
to have any material effect on the earnings per share, net assets per share and gearing
of the Company for the financial year ending 31 March 2021. The incorporation of
AGESB will not have any effect on the share capital and substantial shareholders’
shareholding of ATS.
5. APPROVAL REQUIRED
The Incorporation is not subject to the approval of any governmental authorities or the
shareholders of the Company.
6. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST
Save for Mr. Mak Siew Wei and Mr. Choong Lee Aun, Executive Directors of ATS who
are also directors of AGESB, none of the directors and major shareholders or person
connected to the directors or major shareholders have any interest, direct or indirect in
the Incorporation.
7. STATEMENT BY DIRECTORS
The Board of Directors of ATS, having considered all aspects of the Incorporation, is
of the opinion that the Incorporation is in the best interest of the Company.
2020-06-14 23:15 | Report Abuse
Michael , this was old news lar .... not a recently
2020-06-11 22:34 | Report Abuse
BHIC QR return to good , should be Bstead QR also is good
2020-06-11 22:32 | Report Abuse
I though today announces the QR , at the end is no .....
2020-06-11 00:14 | Report Abuse
Need to breaking 0.045 first ...... today was 4th times to broking at 0.045
2020-06-11 00:11 | Report Abuse
RGB starting to brewing and move upwards. ......
2020-06-10 23:58 | Report Abuse
How Stanley Ho changed my business mindset forever’
Liew Jia Teng
/
The Edge Malaysia Weekly
June 10, 2020 18:30 pm +08
This article first appeared in The Edge Malaysia Weekly, on June 1, 2020 - June 07, 2020.
Ho (extreme left) signed the first contract with RGB at his Hong Kong office in 1996. Chuah is second from right. Photo by RGB
-A+A
THE year was 1996. Casino slot machine distributor RGB International Bhd — then known as RGB Sdn Bhd — was in its 10th year of operations, having begun as a humble business in Penang.
Although the company was already fairly established, with customers in Singapore, Cambodia and the Philippines, its managing director and major shareholder Datuk Seri Chuah Kim Seah, then 43, was eyeing a major breakthrough overseas.
He seized the opportunity when Macau casino tycoon Stanley Ho Hung-sun’s company came knocking.
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“The late Stanley Ho was one of our earliest overseas customers. RGB has a business presence in Macau because of him. He gave us an opportunity to supply slot machines to his casinos in the early days,” Chuah tells The Edge over the phone.
Main Market-listed RGB is an electronic gaming machine and casino equipment supplier, as well as a major machine concession provider in Asia. The company is currently 29.5%-owned by Chuah, who has more than three decades’ experience in the gaming and amusement industry.
He recalls that in the mid-1990s, Ho’s casinos were looking for an alternative supplier, as their previous American-made machines were difficult to maintain.
“All these machines and equipment needed to be maintained by qualified engineers, who were mostly from the US. On working days, that was not a problem. But during the public holidays, Christmas and New Year, they had a manpower problem,” Chuah explains.
Ho’s company approached RGB for a solution.
“They wrote to us, asking whether or not we could handle the job. Eventually, we found a Japanese slot machine manufacturer and a European systems provider and we managed to provide them with a good alternative. The newer machines and system were more simplified and reliable,” he says.
And that was how RGB got its big break in Macau.
According to Chuah, the first contract RGB signed with Ho was to supply 200 to 250 machines to 14 to 16 casinos in Macau. In later years, the company supplied thousands of machines not just to Ho, but also to other casinos.
“The first contract was signed at Ho’s office in Hong Kong around 1996. I can’t remember the exact contract value, but it was considerably big and definitely one of the most memorable ones.
“This contract gave us a big opportunity to prove our capability. For a small Malaysian company to serve the Casino King of Asia, we take pride in that. It was a huge honour. [It was] a feather in our cap,” Chuah recalls with pride.
RGB has since established its presence in Malaysia and also operates in Cambodia, Laos, Vietnam, Singapore, the Philippines, Macau, Timor-Leste and Nepal.
The first meeting
Chuah says he first met Ho, then 75, at the gambling king’s bungalow in Hong Kong.
“Obviously, everyone had heard about this casino tycoon and we were very excited to meet him. He turned out to be a friendly person; he made us [feel] so welcome. He greeted us with ‘Selamat Pagi’ and even spoke a few sentences in Bahasa. It immediately [broke the ice].
“It showed that he already knew about our background before we went to see him. Bear in mind that we were just a small company and, also, in those days, it was not easy to get information without the internet and Google. Subsequently, we conversed in English and Chinese; everything was so comfortable and smooth,” he adds.
Chuah, who idolised Ho as he was a pioneer of the Asian casino industry, says he learnt from Ho that “price is secondary”. In addition, his dealings with the tycoon changed his business mindset.
“He asked us to quote a price, and he didn’t even bargain for a single cent. All he asked for was good service from us and very minimal downtime for our machines. He didn’t give us any pressure; he didn’t talk to us in a hostile way. He was a very easy, approachable person. It really gave us a lot of confidence to do our work,” he says.
Chuah goes on to say that even though RGB’s contract was very small compared with the earnings power of Ho’s casinos, the gaming magnate still respected him as a business partner.
“[Even though] the slot machine income was so small to him, he still personally signed our very first contract. That is something that I will remember forever.
“I hope he rests in peace. He was a very good person whom I admired a lot, not only for his business acumen, but also his personality. Despite being so wealthy, he still treated everybody so well. That is why we still maintain our business relationship until today.”
2020-06-06 18:17 | Report Abuse
Genting reopening. .... cancelled again
2020-06-05 23:59 | Report Abuse
Genting casino reopen on 10/6 , that's mean all the relative gambling shares coming Goreng soon
2020-06-01 20:13 | Report Abuse
If really need to upward , no once can block it
2020-06-01 20:11 | Report Abuse
Is good , after sold all ..... uptrend towards
2020-05-31 12:43 | Report Abuse
M Kwok , when Fong Siling bought the 20 mil shares ?
2020-05-31 12:42 | Report Abuse
HOLDINGS %
1 CHUAH KIM SEAH 316,565,325 20.55
2 CHUAH KIM SEAH 127,263,577 8.26
3 MAZLAN BIN ISMAIL 57,142,857 3.71
4 CHUAH KIM CHIEW 31,730,507 2.06
5 LEE WEI MING 20,000,000 1.30
6 LEE WAI YUEN 17,200,000 1.12
7 WOON CHUAN KEONG 13,500,000 0.88
8 YEOH MEI MEI 13,000,000 0.84
9 GERAK JUARA SDN BHD 11,428,571 0.74
10 MAYBANK NOMINEES (TEMPATAN) SDN BHD 10,911,885 0.71
PLEDGED SECURITIES ACCOUNT FOR LAU HOW SIONG
11 ANG BOON GUAN 10,411,428 0.68
12 LAU KIM WAH 10,120,800 0.66
13 RHB CAPITAL NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR MOHAMMED AZLAN BIN HASHIM 8,000,000 0.52
14 LIM TOW BOON 7,589,142 0.49
15 CITIGROUP NOMINEES (ASING) SDN BHD 7,248,228 0.47
CBNY FOR EMERGING MARKET CORE EQUITY PORTFOLIO
DFA INVESTMENT DIMENSIONS GROUP INC
16 RHB NOMINEES (TEMPATAN) SDN BHD 7,120,000 0.46
FONG WOON YIN
17 PUBLIC INVEST NOMINEES (ASING) SDN BHD 6,880,171 0.45
EXEMPT AN FOR PHILLIP SECURITIES PTE LTD (CLIENTS)
18 UNG CHI FONG 6,127,314 0.40
19 UNG YOKE HONG 5,862,857 0.38
20 MALACCA EQUITY NOMINEES (TEMPATAN) SDN BHD 5,767,126 0.37
EXEMPT AN FOR PHILLIP CAPITAL MANAGEMENT SDN BHD (EPF)
21 FIRST GENESIS SDN BHD 5,028,571 0.33
22 YAP KHONG 5,000,000 0.32
23 KHOR TENG TONG 4,571,428 0.30
24 WONG KIM HAI 4,131,428 0.27
25 TAN YAW ING 4,000,000 0.26
26 MAYBANK NOMINEES (TEMPATAN) SDN BHD 3,951,428 0.26
LEE LEP KIONG
27 NORAZMAN BIN HAMIDUN 3,405,714 0.22
28 LIM LAY HONG 3,342,857 0.22
29 NG POH LAI 3,200,000 0.21
30 PATRICK SOH KONG HUI 3,200,000 0.21
733,701,214 47.63
THIRTY LARGEST
SHAREHOLDERS
142
2020-05-23 15:10 | Report Abuse
Coming quarters results should be very good
2020-05-19 12:57 | Report Abuse
Yes .... to hit above 0.20
Now the speculator is cumulative buying the price 0.135
2020-05-13 23:41 | Report Abuse
Yes
Hoping so over 0.15 resistance
2020-05-13 20:58 | Report Abuse
Must break resistant 0.15 , ady two times touching ........
Today noon section opening i thought will flying to sky , unfortunately volumes not support ......
2020-05-08 20:18 | Report Abuse
YM Tengku Ahmad Badli Shah
Bin Raja Hussin
Chairman / Senior Independent Non-Executive Director
Malaysian | 50 years old | Male
YM Tengku Ahmad Badli Shah Bin Raja Hussin (“YM Tengku
Badli”) is the Senior Independent Non-Executive Director of
NetX appointed on 9 April 2015. He holds a Bachelor of Law
degree (LLB Hons) from University of East Anglia, United
Kingdom and attended Leadership Development Program,
Cornell University USA in 2011 and Islamic Finance Leadership
Program, University of Cambridge, United Kingdom in 2017.
YM Tengku Badli has extensive exposure in the financial
industry sector, having started his career as a Management
Trainee in Hongkong and Shanghai Banking Corporation,
Hong Kong (“HSBC”) in 1994, continued his stint with
the HSBC Group in various senior management positions
covering both corporate and commercial sectors, as well
as the retail & consumer banking division. He later pursued
Kuwait Finance House (Malaysia) Berhad in February 2008 as
Head of Branch Management before joining Pelaburan MARA
Berhad in September 2013.
He is currently the Acting Group
Chief Executive Officer of Pelaburan MARA Berhad.
2020-05-08 20:11 | Report Abuse
KUALA LUMPUR (May 8): The Ministry of Rural Development (KPLB) has announced the appointment of seven Majlis Amanah Rakyat (MARA) council members effective May 15.
Minister Datuk Dr Abd Latiff Ahmad in a statement today said with the new line-up, the Ministry is confident that MARA will continue to be driven by the aspirations and agenda to develop Bumiputera socioeconomic status.
"The move was also to ensure that the three major MARA sectors covering entrepreneurial activities, education and investment will be aligned and strategically focused in taking the Bumiputera agenda to a higher level," he said.
He said the appointees are Prof Datuk Ir Dr Kamal Nasharuddin Mustapha, Datuk Siti Zauyah Md Desa, Datuk Mohamed Farid Mohamed Zawawi, Datuk Jamelah Jamaluddin, Zainal Abidin Kidam, Datuk Seri Md Alwi Che Ahmad and Datuk Nor Azri Zulfakar.
KPLB also announced the appointment of Datuk Dr Syed Muhamad Syed Kadir as MARA Corp chairman and the formation of an advisory committee with Dr Maszlee Malik appointed as its chairman.
Abd Latiff said Datuk Abdul Halim Mansor has been appointed GIATMARA chairman, adding that the chief executive officer position for MARA Corp would be advertised soon.
2020-05-08 19:58 | Report Abuse
calvintaneng GO GO POWER RANGER.......
When is targeting time ?
2020-05-01 22:00 | Report Abuse
Wait and patience a bit ...... flying coming
2020-04-29 00:04 | Report Abuse
Recently this two days seller qty increased
2020-04-29 00:03 | Report Abuse
Some fund speculators keep on selling the shares ...... or exchange hand l !
2020-04-27 10:22 | Report Abuse
Fabrication orderbook currently stands at c.RM170m, translating into 1.3x cover. EPCC orderbook stands at RM530m, translating into 1.5x cover. Rohas’s project execution has been delayed in various countries. Nonetheless, management remains optimistic for a restart despite the lockdown due to its involvement in critical power utilities infrastructure. Progress in Indonesia has not been halted with earnings contribution to come in 2H20. Maintain forecasts and BUY rating with higher TP of RM0.50. TP is derived from pegging FY20 earnings to 10x P/E multiple.
Outstanding orderbook. Fabrication division outstanding orderbook currently stands at c.RM170m, translating into 1.3x of FY19 tower revenue. EPCC orderbook stands at RM530m, translating into 1.5x of FY19 EPCC revenue. Given the usual contract duration of both segments (18-36 months), orderbook level looks healthy. While the company did not divulge its outstanding tenderbook, we were made to understand tenders for domestic opportunities are still ongoing with its latest tender submission being 2 weeks ago.
Penang transmission line. Rohas is still waiting for the award outcome which was expected to be awarded in 1Q20 initially. The job comprises of a transmission line from Butterworth to Penang Island which will run parallel to the Penang Bridge (estimated project value: RM1bn). In bidding for the job, Rohas has formed a JV with Muhibbah and are up against 4 other bidders.
Laos EPCC. Progress for Laos EPCC contract (RM300M) has hit a snag with completion rate at c.70% (RM180m) at end FY19. Initially, the company was targeting to achieve project completion by March 2020. Nonetheless, a nationwide lockdown has inevitably delayed the completion to 3Q20.
Bangladesh EPCC. Rohas has recently secured 2 EPCC contracts worth a cumulative RM192m in Bangladesh, both of which are scheduled to start in 2H20. While the country is currently in lockdown, the client, Power Company of Bangladesh has approached the government to allow construction of its critical power infrastructure. Management reckons that given frequent electricity shortages, chances are high to secure approval for permitting critical EPCC works despite the lockdown.
Telco tower deliveries. To recap, previously Rohas secured fabrication contracts in Sarawak for 130 out of 300 towers tendered with an estimated value of RM19.5m (RM150k per tower). As of Dec-19, roughly half of the towers have been delivered. Delivery timeline for the remaining towers is slated for 1H20. Recall that Sarawak has allocated c.RM1bn for the rollout of telco towers (including EPCC and tower costs).
Indonesia. Construction of Rohas’s 49% owned mini-hydro in Indonesia is still on going in Acheh with civil works scheduled to complete by end Apr-20. Earnings contribution should commence upon plant’s commissioning targeted for 2H20. Prior management guidance indicates annualised earnings contribution to Rohas is expected to be c.RM4m.
Forecast. Maintain forecasts as we have earlier slashed earnings in anticipation of execution delays.
Maintain BUY, TP: RM0.50. Maintain BUY with higher TP of RM0.50 (RM0.40). We reckon due to the nature of its business, earnings recovery trajectory post-MCO is likely to be relatively steeper. TP is derived from pegging FY20 earnings to higher 10x (from 8x) P/E multiple as we think the overall Covid-19 impact to the stock is more transient than our initial assessment.
Source: Hong Leong Investment Bank Research - 27 Apr 2020
Share this
2020-04-24 20:47 | Report Abuse
The speculator still inside ......
2020-04-22 21:14 | Report Abuse
Today Rohas exchange hand on 0.37 & 0.375
2020-04-22 21:13 | Report Abuse
Tomorrow uptrend continue. ......
Binacom
Opcom
Redtone
2020-04-20 19:51 | Report Abuse
4产业股重创‧大股东或趁低价私有化 - 星洲日報/投資致富‧企業故事 | I3investorLKSGSH
星洲日報/投資致富‧企業故事click to expand contents
4产业股重创‧大股东或趁低价私有化
Author: Tan KW Publish date: Mon, 20 Apr 2020, 7:05 PM
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(吉隆坡20日讯)大马股市近期的抛风,令产业股蒙受重创,分析员认为,这为产业公司大股东带来以低价展开私有化的机会。
分析员点名4家潜在被私有化的公司,分别为MCT集团(MCT,5182,主板产业组)、新协利(SHL,6017,主板产业组)、马联产业(MUIPROP,3913,主板产业组)和顺利实业(KSL,5038,主板产业组)。
肯纳格研究表示,从逻辑上来看,合适的私有化目标是那些股价对账面值(PBV)偏低但财务状况良好,以及净现金/净负债比率低的公司。
利率低融资成本廉宜有利私有化
同时,目前利率走低,融资成本廉宜,也有利于大股东展开私有化行动。
肯纳格指出,在过去两年,有10家上市产业公司收到私有化和收购献议,出价是在股价账面值的0.18倍至1.47倍之间。
根据肯纳格的分析,目前吉隆坡产业指数成分股(94家公司)中约有一半公司(48家或51%)的股价账面值是低于0.30倍,加上大马利率下滑,融资私有化交易将更廉宜,显示目前可能有利于进行私有化活动。
林伟才成林木生大股东
郑荣和增持东家至21.7%
近期就有两位企业人物从中看到吸引人的机会,而大笔投资于产业股。控制顶级手套(TOPGLOV,7113,主板医疗保健组)的丹斯里林伟才收购林木生集团(LBS,5789,主板产业组)的6.81%股权,崛起成为新主要股东;KERJAYA集团(KERJAYA,7161,主板建筑组)最大股东拿督郑荣和则不断增持东家〈E&O,3417,主板产业组〉股权,从3月前的13.95%提高至4月中的21.7%。
该行通过净负债(少于0.20倍)和账面值素质方面的资产负债表强度来更深入分析,并专注于规模较小的产业公司,而筛选出4家可能的潜在私有化人选,分别为MCT集团、新协利、马联产业和顺利实业。
同时,该行重申基于估值理由而建议战术性给予产业领域“增持”评级,首选基本面股项为森产业(SIMEPROP,5288,主板产业组)目标价88仙,IOI产业(IOIPG,5249,主板产业组)目标价1令吉21仙。
对于短期交易投资者,则推荐UEM阳光(UEMS,5148,主板产业组)和实达集团,以盼从超卖回弹;目标价各为58仙和86仙。
2020-04-15 14:31 | Report Abuse
Technical Buy: BIOHLDG (0179)
Author: PublicInvest Publish date: Wed, 15 Apr 2020, 8:58 AM
Close
Target Price: RM0.130, RM0.140Last closing price: RM0.115Potential return: 13.0%, 21.7%Support: RM0.105Stop Loss: RM0.095
Possible for further recovery. BIOHLDG is attempting to break out from its current sideways channel. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term. Should resistance level of RM0.125 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.130 and RM0.140.
However, failure to hold on to support level of RM0.105 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 15 Apr 2020
2020-04-11 18:40 | Report Abuse
That all te Buyer and sellers also is speculator investors , exchange the volumn qty ...... closing hit back 0.405 .
Let monitor on monday to hit 0.43
2020-04-08 20:38 | Report Abuse
Today Ekovest movement , tomorrow is turn for UEMS .....
2020-04-07 20:03 | Report Abuse
Patient. ...... otw ady ...... build up the volumes
2020-04-06 19:43 | Report Abuse
May be just on tomorrow's hit 0.18 .....
2020-04-05 19:18 | Report Abuse
As RGB yet to technical rebound start , coming soon ...... hit 0.15
Stock: [MTRONIC]: METRONIC GLOBAL BHD
2020-06-16 18:38 | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
METRONIC GLOBAL BERHAD
Particulars of substantial Securities Holder
Name CITA REALITI SDN BHD
Address Lot A-2-3A, 2nd Floor,
Melawati Corporate Centre,
Taman Melawati,
Kuala Lumpur
53300 Wilayah Persekutuan
Malaysia.
Company No. 1272152-A
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 15 Jun 2020
28,005,000
Acquired Direct Interest
Name of registered holder CITA REALITI SDN. BHD.
Address of registered holder LOT A-2-3A, 2ND FLOOR, MELAWATI CORPORATE CENTRE, TAMAN MELAWATI, 53300 KUALA LUMPUR, WILAYAH PERSEKUTUAN.
Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred Acquisition of shares via off market
Nature of interest Direct Interest
Direct (units) 166,090,785
Direct (%) 13.332
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 166,090,785
Date of notice 16 Jun 2020
Date notice received by Listed Issuer 16 Jun 2020