LOOK009

LOOK009 | Joined since 2014-07-20

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Stock

2020-12-07 14:40 | Report Abuse

IOIPG bring in Sinopharm Vaccine?Topup IOIPG & IOIPG-C2

Stock

2020-12-07 14:39 | Report Abuse

IOIPG bring in Sinopharm Vaccine?Topup IOIPG & IOIPG-C2

Stock

2020-12-07 14:37 | Report Abuse

IOIPG bring in Sinopharm Vaccine?Topup IOIPG & IOIPG-C2

Stock

2020-12-07 14:32 | Report Abuse

Topup IOIPG & IOIPG-C2

Stock

2020-12-07 14:18 | Report Abuse

IOIPG bring in Sinopharm Vaccine?news out today?

Stock

2020-12-04 16:45 | Report Abuse

After the news is announced, it will be above 0.50.

Stock

2020-12-04 16:42 | Report Abuse

Hope to fly again next Monday.

Stock

2020-12-04 15:56 | Report Abuse

It turned out that the winner was BENALEC (5190).

Stock

2020-12-04 11:21 | Report Abuse

It will rise above 0.30 at noon.

Stock

2020-12-04 11:20 | Report Abuse

Now continue to collect and wait for the news to be announced.

Stock

2020-12-04 08:30 | Report Abuse

The price is already too high before the real news is announced.

Stock

2020-12-03 11:01 | Report Abuse

The closing stock price will be higher than it is now.

Stock

2020-12-03 10:49 | Report Abuse

Prices continue to increase.

Stock

2020-12-03 09:14 | Report Abuse

It started flying again.

Stock

2020-12-02 16:37 | Report Abuse

It may be taken over.

Stock

2020-11-27 17:10 | Report Abuse

NTA (RM) Limit up next Monday. MENTIGA (5223) S
: 2.620

https://www.klsescreener.com/v2/announcements/view/3268553

Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020
MENTIGA CORPORATION BERHAD

Financial Year End 31 Dec 2020
Quarter 3 Qtr
Quarterly report for the financial period ended 30 Sep 2020
The figures have not been audited
Attachments
Q320 for announcement.pdf
110.9 kBQ320 notes to the account.pdf
221.4 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2020

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2020
30 Sep 2019
30 Sep 2020
30 Sep 2019
$'000
$'000
$'000
$'000
1 Revenue
11,016
1,326
13,315
3,588
2 Profit/(loss) before tax
7,856
-2,080
2,525
-5,424
3 Profit/(loss) for the period
7,855
-2,081
2,522
-5,427
4 Profit/(loss) attributable to ordinary equity holders of the parent
7,855
-2,081
2,522
-5,427
5 Basic earnings/(loss) per share (Subunit)
10.94
-2.90
3.51
-7.56
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($)
2.6200
2.5900

Stock

2020-11-27 17:09 | Report Abuse

NTA (RM) Limit up next Monday.
: 2.620

https://www.klsescreener.com/v2/announcements/view/3268553

Quarterly rpt on consolidated results for the financial period ended 30 Sep 2020
MENTIGA CORPORATION BERHAD

Financial Year End 31 Dec 2020
Quarter 3 Qtr
Quarterly report for the financial period ended 30 Sep 2020
The figures have not been audited
Attachments
Q320 for announcement.pdf
110.9 kBQ320 notes to the account.pdf
221.4 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2020

INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2020
30 Sep 2019
30 Sep 2020
30 Sep 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
11,016
1,326
13,315
3,588
2 Profit/(loss) before tax
7,856
-2,080
2,525
-5,424
3 Profit/(loss) for the period
7,855
-2,081
2,522
-5,427
4 Profit/(loss) attributable to ordinary equity holders of the parent
7,855
-2,081
2,522
-5,427
5 Basic earnings/(loss) per share (Subunit)
10.94
-2.90
3.51
-7.56
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
2.6200
2.5900

Stock

2020-11-27 15:35 | Report Abuse

Warrants limit up is coming. .

Stock

2020-11-27 15:27 | Report Abuse

Usually listed as halal stocks will rise very high. .

Stock

2020-11-26 16:23 | Report Abuse

IQGROUP (5107)heard that QR will be announced tomorrow.

Stock

2020-11-26 16:21 | Report Abuse

IQGROUP (5107)heard that QR will be announced tomorrow.

Stock

2020-11-26 15:49 | Report Abuse

It will fall after the news is announced.

Stock

2020-11-26 14:37 | Report Abuse

HTPADU - REQUEST FOR SUSPENSION
HEITECH PADU BERHAD

Kindly be advised that at the request of HTPADU, trading in the Company's shares will be suspended with effect from 2.30 p.m, Thursday, 26 November 2020 pending a material announcement.

Stock

2020-11-26 11:19 | Report Abuse

Quick take: Vivocom continues to slide, GETS slips
TheStar Thu, Nov 26, 2020 11:03am - 12 minutes ago



KUALA LUMPUR: Shares of Vivocom and GETS Global fell in mid-morning trade on Thursday as the stocks came under selling pressure after the recent rally.

At 10.40am, Vivocom fell 11 sen to 74.5 sen with 259.58 million shares done. This is the lowest since Nov 4 and off the recent high of RM1.92 on Nov 19.

GETS also lost 11 sen to RM2.85 with 9.64 million shares. It had surged to a high of RM4 on Nov 17.

The FBM KLCI fell 0.83 of a point or 0.05% to 1,596.75. Turnover was 2.52 million shares done valued at RM1.21bil. There were 436 gainers, 423 losers and 468 counters unchanged.

GETS recent price surge in the absence of any fresh news and its unusual market activity had seen Bursa Securities issuing a caution to investors.

GETS provides public transport services consisting express and stage bus operations; and the assembly, sale and after-sale of buses.

As for Vivocom, its core activities comprise of construction, aluminium design and fabrication, and telecommunication engineering services.

Stock

2020-11-26 11:18 | Report Abuse

Quick take: Vivocom continues to slide, GETS slips
TheStar Thu, Nov 26, 2020 11:03am - 12 minutes ago



KUALA LUMPUR: Shares of Vivocom and GETS Global fell in mid-morning trade on Thursday as the stocks came under selling pressure after the recent rally.

At 10.40am, Vivocom fell 11 sen to 74.5 sen with 259.58 million shares done. This is the lowest since Nov 4 and off the recent high of RM1.92 on Nov 19.

GETS also lost 11 sen to RM2.85 with 9.64 million shares. It had surged to a high of RM4 on Nov 17.

The FBM KLCI fell 0.83 of a point or 0.05% to 1,596.75. Turnover was 2.52 million shares done valued at RM1.21bil. There were 436 gainers, 423 losers and 468 counters unchanged.

GETS recent price surge in the absence of any fresh news and its unusual market activity had seen Bursa Securities issuing a caution to investors.

GETS provides public transport services consisting express and stage bus operations; and the assembly, sale and after-sale of buses.

As for Vivocom, its core activities comprise of construction, aluminium design and fabrication, and telecommunication engineering services.

Stock

2020-11-26 09:55 | Report Abuse

heard that QR will be announced tomorrow.

Stock

2020-11-26 09:50 | Report Abuse

Date Financial
Year Quarter Revenue
(RM,000) PBT (RM,000) Net Profit
(RM,000) EPS (Cent) Div
(Cent) NTA
(RM) QoQ
(%) YoY
(%)
28 Aug 20 31 Dec 20 Q2 Jun 20 6,392 -8,199 -7,932 -0.87 0.00 0.169 Malaysia Stock - KLSE Quarter Report History 44% Malaysia Stock - KLSE Quarter Report History 490%

亏本公司

Stock

2020-11-25 14:56 | Report Abuse

If QR comes out very well, believe that the stock price will rise very high。

Stock

2020-11-24 10:27 | Report Abuse

Is there any news to be announced?

Stock

2020-11-23 14:14 | Report Abuse

SAMAIDEN
1.590
+0.09 (+6%)
OTHERS SAMAIDEN GROUP BERHAD ("SAMAIDEN") LETTER OF AWARD IN RELATION TO THE ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING WORKS IN RELATION TO THE DEVELOPMENT OF A 10MWac BIOMASS RENEWABLE ENERGY POWER PLANT AT LOT 153-C, MUKIM HULU CHUKAI, TELUK KALONG, TERENGGANU DARUL IMAN ("PROJECT")("AWARD")
SAMAIDEN GROUP BERHAD

Type Announcement
Subject OTHERS
Description
SAMAIDEN GROUP BERHAD ("SAMAIDEN") LETTER OF AWARD IN RELATION TO THE ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING WORKS IN RELATION TO THE DEVELOPMENT OF A 10MWac BIOMASS RENEWABLE ENERGY POWER PLANT AT LOT 153-C, MUKIM HULU CHUKAI, TELUK KALONG, TERENGGANU DARUL IMAN ("PROJECT")("AWARD")
The Board of Directors of Samaiden is pleased to announce that Samaiden Sdn Bhd, a wholly-owned subsidiary of Samaiden, has on 23 November 2020 received and accepted a letter of award from BTM Biomass Products Sdn Bhd to undertake the Project.



Further details of the Award are set out in the attachment below.



This announcement is dated 23 November 2020.

Stock

2020-11-23 13:54 | Report Abuse

SAMAIDEN
1.590
+0.09 (+6%)
OTHERS SAMAIDEN GROUP BERHAD ("SAMAIDEN") LETTER OF AWARD IN RELATION TO THE ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING WORKS IN RELATION TO THE DEVELOPMENT OF A 10MWac BIOMASS RENEWABLE ENERGY POWER PLANT AT LOT 153-C, MUKIM HULU CHUKAI, TELUK KALONG, TERENGGANU DARUL IMAN ("PROJECT")("AWARD")
SAMAIDEN GROUP BERHAD

Type Announcement
Subject OTHERS
Description
SAMAIDEN GROUP BERHAD ("SAMAIDEN") LETTER OF AWARD IN RELATION TO THE ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING WORKS IN RELATION TO THE DEVELOPMENT OF A 10MWac BIOMASS RENEWABLE ENERGY POWER PLANT AT LOT 153-C, MUKIM HULU CHUKAI, TELUK KALONG, TERENGGANU DARUL IMAN ("PROJECT")("AWARD")
The Board of Directors of Samaiden is pleased to announce that Samaiden Sdn Bhd, a wholly-owned subsidiary of Samaiden, has on 23 November 2020 received and accepted a letter of award from BTM Biomass Products Sdn Bhd to undertake the Project.



Further details of the Award are set out in the attachment below.



This announcement is dated 23 November 2020.

Stock

2020-11-23 12:00 | Report Abuse

Seeing it slowly run up in the past two weeks is it about to explode.

Stock

2020-11-22 11:12 | Report Abuse

It is rumored that a high dividend will be paid.

Stock

2020-11-21 12:03 | Report Abuse

Don't hope too high.

Stock

2020-11-21 12:00 | Report Abuse

MTRONIC’s announcement of the agent vaccine stock price may not have any reaction. Seeing that the stock prices of HWGB and BINTAI both fell after the announcement a few days ago.

Stock

2020-11-21 11:42 | Report Abuse

EPF's participation in HARTA as a major shareholder may drive other glove stocks to rise next Monday.

Stock

2020-11-20 15:02 | Report Abuse

顾问:出价不公平但合理 关氏小股东应接受献购

(吉隆坡30日讯)独立顾问指出,关氏(KWANTAS,6572,主板种植股)大股东关恩华提出的选择性资本回退“不公平但合理”,建议小股东接受。

根据顾问Mercury证券的报告,关氏应用通常用以衡量亏损公司的“净资产估值法”,来评估资本回退价格。

根据评估,关氏的市值应达约11亿710万令吉,或每股3.55令吉;然而,大股东献议以每股1.65令吉选择性资本回退来私有化关氏,折价了53.5%,因此献议“不公平”。

不过,关氏股价过去5年来,几乎都低于献议价;而且1.65令吉的出价,比起关氏于提出选择性资本回退献议参考日期的5天、1个月、3个月、半年和1年交易量加权均价(VWAP),溢价高达181%至220%之间。

而且,关氏股票的流动性也不高,故Mercury证券认为,献议“合理”。

关恩华是于今年8月下旬提出选择性资本回退建议,计划以超高溢价私有化公司,这让关氏接连两天涨停板。

Stock

2020-11-20 14:52 | Report Abuse

It’s strange that there is no limit up.

Stock

2020-11-20 14:40 | Report Abuse

Rubberex 3Q net profit surges 13 times amid strong nitrile glove demand
TheEdge Fri, Nov 20, 2020 02:17pm - 22 minutes ago


KUALA LUMPUR (Nov 20): Rubberex Corp (M) Bhd's net profit for the third quarter ended Sept 30, 2020 surged 13 times to RM39.52 million from RM3.11 million in the previous year's corresponding quarter, as demand for nitrile gloves spiked amid the pandemic.

Revenue for the quarter jumped 75% to RM109.03 million from RM62.23 million a year earlier.

"The improved profits were mainly due to an overall increase in demand of the group's products namely household, industrial and nitrile disposable gloves due to the Covid-19 pandemic since early this year, higher average glove selling prices, favourable exchange rates and improved production efficiencies," said Rubberex in a filing with the exchange.

For the cumulative nine months ended Sept 30, 2020, net profit increased 860% to RM71.74 million from RM7.47 million in the previous year, while revenue increased 57% to RM263.56 million from RM168.33 million.

Going forward, the group said it is focused on the nitrile disposable glove division, which is currently operating at full capacity, and said its performance is expected to continue for the rest of 2020, pointing out that its order book has been filled up to last until the second half of 2021.

"The group's next capacity expansion is on track and is expected to contribute to the group's earnings in the fourth quarter of 2020 onwards," it said.

In a separate filing, Rubberex said its wholly-owned subsidiary Rubberex Alliance Sdn Bhd has entered into a sale and purchase agreement with Prisma Lengkap Sdn Bhd to acquire two parcels of land in Perak for RM11.39 million.

The two parcels comprise a 35,260-square-metre tract and another 12,839-square-metre tract in Sungai Terap, Kinta, Perak to be purchased for RM8.35 million and RM3.04 million respectively, to be funded via internally generated funds.

The group said it intends to use the lands to expand its manufacturing and sales of nitrile disposable gloves.

"The proposed acquisition is expected to contribute positively to the earnings of Rubberex group as demand for gloves remains strong amid the Covid-19 pandemic," it said.

The group expects to complete the acquisition by the first quarter of 2021, barring unforeseen circumstances.

At 12.30pm, Rubberex rose 14 sen or 7.41% to RM2.03, giving a market capitalisation of RM1.69 billion.

Stock

2020-11-20 14:05 | Report Abuse

MESTRON
0.175
-0.005 (-2.8%)
OTHERS PRESS RELEASE - MESTRON 3Q NET PROFIT JUMPS 183% ON HIGHER REVENUE
MESTRON HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
PRESS RELEASE - MESTRON 3Q NET PROFIT JUMPS 183% ON HIGHER REVENUE
The Board of Directors of Mestron Holdings Berhad is pleased to attach herewith a press release dated 19 November 2020 entitled "MESTRON 3Q NET PROFIT JUMPS 183% ON HIGHER REVENUE".

This announcement is dated 20 November 2020.




Please refer attachment below.

Attachments
MHB_Media Release on 3Q Results.pdf
236.9 kB

Announcement Info
Company Name MESTRON HOLDINGS BERHAD
Stock Name MESTRON
Date Announced 20 Nov 2020
Category General Announcement for PLC
Reference Number GA1-20112020-00018

Stock
Stock

2020-11-19 09:22 | Report Abuse

have a chance today.

Stock

2020-11-19 09:21 | Report Abuse

Low-priced stocks are easier to limit up.

Stock
Stock

2020-11-17 11:51 | Report Abuse

May rush to 20 cents today.

Stock

2020-11-17 11:49 | Report Abuse

PASUKHAS BERHAD is coming.

PASUKGB
0.095
+0.02 (+26.7%)
MATERIAL LITIGATION Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.)
PASUKHAS GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.)
Reference is made to the Company's announcement dated 28 August 2017.



The Board of Directors wishes to inform that the Company's subsidiary, Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.) had on 13 November 2020 made a full and final settlement to Samsung C&T Corporation UEM Construction JV Sdn. Bhd. for works executed in connection with KL118 Tower Subcontract Reference Number - SSUEM/201512/DSC/4 (“the Subcontract”).



Both parties have mutually agreed that neither party shall have further claims against each other of whatsoever nature in respect of the Subcontract and that all and any litigation and/or other proceedings initiated by either party in relation to the Subcontract should be forthwith ceased and withdrawn without liberty to file afresh.



This announcement is dated 16 November 2020.

Stock

2020-11-17 11:33 | Report Abuse

PASUKHAS BERHAD is coming.

PASUKGB
0.095
+0.02 (+26.7%)
MATERIAL LITIGATION Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.)
PASUKHAS GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.)
Reference is made to the Company's announcement dated 28 August 2017.



The Board of Directors wishes to inform that the Company's subsidiary, Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.) had on 13 November 2020 made a full and final settlement to Samsung C&T Corporation UEM Construction JV Sdn. Bhd. for works executed in connection with KL118 Tower Subcontract Reference Number - SSUEM/201512/DSC/4 (“the Subcontract”).



Both parties have mutually agreed that neither party shall have further claims against each other of whatsoever nature in respect of the Subcontract and that all and any litigation and/or other proceedings initiated by either party in relation to the Subcontract should be forthwith ceased and withdrawn without liberty to file afresh.



This announcement is dated 16 November 2020.

Stock

2020-11-17 11:31 | Report Abuse

PASUKHAS BERHAD is coming.

PASUKGB
0.095
+0.02 (+26.7%)
MATERIAL LITIGATION Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.)
PASUKHAS GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.)
Reference is made to the Company's announcement dated 28 August 2017.



The Board of Directors wishes to inform that the Company's subsidiary, Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.) had on 13 November 2020 made a full and final settlement to Samsung C&T Corporation UEM Construction JV Sdn. Bhd. for works executed in connection with KL118 Tower Subcontract Reference Number - SSUEM/201512/DSC/4 (“the Subcontract”).



Both parties have mutually agreed that neither party shall have further claims against each other of whatsoever nature in respect of the Subcontract and that all and any litigation and/or other proceedings initiated by either party in relation to the Subcontract should be forthwith ceased and withdrawn without liberty to file afresh.



This announcement is dated 16 November 2020.

Stock

2020-11-17 11:30 | Report Abuse

PASUKHAS BERHAD is coming.

PASUKGB
0.095
+0.02 (+26.7%)
MATERIAL LITIGATION Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.)
PASUKHAS GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.)
Reference is made to the Company's announcement dated 28 August 2017.



The Board of Directors wishes to inform that the Company's subsidiary, Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.) had on 13 November 2020 made a full and final settlement to Samsung C&T Corporation UEM Construction JV Sdn. Bhd. for works executed in connection with KL118 Tower Subcontract Reference Number - SSUEM/201512/DSC/4 (“the Subcontract”).



Both parties have mutually agreed that neither party shall have further claims against each other of whatsoever nature in respect of the Subcontract and that all and any litigation and/or other proceedings initiated by either party in relation to the Subcontract should be forthwith ceased and withdrawn without liberty to file afresh.



This announcement is dated 16 November 2020.

Stock

2020-11-17 11:26 | Report Abuse

PASUKGB
0.095
+0.02 (+26.7%)
MATERIAL LITIGATION Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.)
PASUKHAS GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.)
Reference is made to the Company's announcement dated 28 August 2017.



The Board of Directors wishes to inform that the Company's subsidiary, Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.) had on 13 November 2020 made a full and final settlement to Samsung C&T Corporation UEM Construction JV Sdn. Bhd. for works executed in connection with KL118 Tower Subcontract Reference Number - SSUEM/201512/DSC/4 (“the Subcontract”).



Both parties have mutually agreed that neither party shall have further claims against each other of whatsoever nature in respect of the Subcontract and that all and any litigation and/or other proceedings initiated by either party in relation to the Subcontract should be forthwith ceased and withdrawn without liberty to file afresh.



This announcement is dated 16 November 2020.