Something is brewing in Vivocom. I really can't reveal the detials now. You will know by next week. Thumbs up for Vivocom.

Something is brewing in Vivocom. I really can't reveal the detials now. You will know by next week. Thumbs up for Vivocom.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.

FOCUS ON EARNINGS
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Something is brewing in Vivocom. I really can't reveal the detials now. You will know by next week. Thumbs up for Vivocom.

Something is brewing in Vivocom. I really can't reveal the detials now. You will know by next week. Thumbs up for Vivocom.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.

FOCUS ON EARNINGS
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Something is brewing in Vivocom. I really can't reveal the detials now. You will know by next week. Thumbs up for Vivocom.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.

FOCUS ON EARNINGS
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Something is brewing in Vivocom. I really can't reveal the detials now. You will know by next week. Thumbs up for Vivocom.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.

FOCUS ON EARNINGS
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

KUALA LUMPUR: Former minister in the Prime Minister's Department Tan Sri Abdul Wahid Omar has been appointed chairman of Permodalan Nasional Bhd (PNB), effective Aug 1, 2016, Prime Minister Datuk Seri Najib Razak announced on Friday.
Abdul Wahid, an accountant by profession, had helmed Malayan Banking Bhd as president and chief executive officer from 2008 to 2013 after heading the reorganisation of Telekom Malaysia and the restructuring of UEM Group.
During his tenure as minister in the Prime Minister's Department, in charge of economic affairs, Abdul Wahid was overseeing, among others, government agencies such the Economic Planning Unit, Statistics Department, Ekuinas, Talent Corporation and the Bumiputera Economic Empowerment Unit.

Najib also expressed his gratitude to the outgoing PNB chief, Tun Ahmad Sarji Abdul Hamid.

KUALA LUMPUR: Despite the challenging economic environment, Alliance Bank (M) Bhd is optimistic of a loans growth of 20% for the small and medium enterprise segment through new innovative products expected to enter the market by year-end.

"Last year, the loans growth for the SME segment stood at 19.7% and we will see what can be done this year by making our balance sheet more efficient.

Friday, 29 July 2016



TNB net profit up 192% to RM2.31bil

PETALING JAYA: Public Bank Bhd (PBB) has lived up to its billing again as a darling stock for long-term investors.

Despite a 0.3% dip in net profit in its second quarter, the lender reported a higher turnover of 2.1% and declared a first interim dividend of 26 sen per share, which would see it forking out RM1bil to shareholders.

For the corresponding period last year, the group paid out a total of RM926.8mil in dividends.








PBB registered a revenue and net profit of RM5.02bil and RM1.26bil, respectively, for its second quarter of the financial year ending Dec 31, 2016 (FY16).

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.

FOCUS ON EARNINGS
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy some coffee/tea and read some news. Vivocom price now 27.5 sen only. Up 1.5 sen today.

For private-sector executives in India who normally get only snippets of information to design components of complex military hardware, climbing into tanks and talking to combat soldiers is an eye-opener.

Earlier this month, more than 200 representatives of defense companies -- big and small, local and foreign -- got unprecedented access to India’s secretive military. At two events in the western city of Ahmednagar, they crawled inside tanks, learned about the army’s equipment needs and spoke with troops on the front lines in Kashmir, a region also claimed by main rival Pakistan.

“You could feel how the soldier would adjust themselves in a tight space,” said Rajesh Khurana, an associate vice-president at Bharat Forge Ltd., a major Indian manufacturing defense firm, who noted that he personally climbed inside of a tank. "It was a pretty intimate affair."




The new-found transparency is part of Modi’s efforts to transform the world’s biggest arms importer into a defense manufacturing powerhouse as he spends $150 billion over the next decade to modernize the armed forces. Closer collaboration with the military would increase the technological capacity of local companies and create jobs as more than 10 million Indians join the work force each year.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.

FOCUS ON EARNINGS
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy some coffee/tea and read some news. Vivocom price now 27.5 sen only.

The Bank of Japan kept its key monetary tools unchanged, and will mount a comprehensive review of its policy framework due to "considerable uncertainty" about the outlook for inflation, which has consistently underperformed the central bank’s forecasts. The yen jumped.

Governor Haruhiko Kuroda and his team did enlarge a program of buying exchange traded funds by 2.7 trillion yen ($26 billion) a year, in a move to shore up confidence in light of post-Brexit volatility in financial markets and a slowdown in emerging markets. A dollar-lending facility was also expanded, the BOJ said in a statement in Tokyo Friday. Kuroda reiterated further easing will be done if needed and said the BOJ hasn’t hit a policy limit.

Decisions to keep the policy interest rate unchanged and forgo raising the target for the monetary base followed increasing expressions of concern by banks and bond market participants about the impact of the BOJ’s massive easing. In an unexpected move, the bank said it will conduct a "comprehensive assessment" at the next meeting, on Sept. 20-21, of the effectiveness of the policies taken since Kuroda took charge in 2013.

Very good Ktsk88. I took kaya pau with copy black. Mmmmmm......

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.

FOCUS ON EARNINGS
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy some coffee/tea and read some news. Vivocom price now 27 sen only.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.

FOCUS ON EARNINGS
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy some coffee/tea and read some news. Vivocom price now 27 sen only.

My bet is definitely Vivocom.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.

FOCUS ON EARNINGS
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy some coffee/tea and read some news. Vivocom price now 27 sen only.

I read everybodys comments posted here except for one lady who has lost her credibility.as far as I am concern. She write so often but all are rubbish. So don't wan to waste time reading her rubbish. Just let her bark.

Thanks for the news Ktsk88. Hope everything is going well for you.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.

FOCUS ON EARNINGS
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy some coffee/tea and read some news. Vivocom price now 27 sen only.

Thanks Richard for the news. Appreciated.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy my coffee and read some news. Vivocom price now 27 sen only.

KUALA LUMPUR: The ringgit retreated from yesterday's gains to open slightly lower against the US dollar as investors returned to safe-haven currencies after the US Federal Reserve opted to maintain its interest rates level.
At 9 am, the local unit was quoted at 4.0530/0600 against the US dollar from 4.0470/0520 on Thursday.
The local unit was also traded lower against a basket of major currencies.

It fell against the British pound to 5.3398/3527 from 5.3335/3422 yesterday.

The ringgit weakened against the Singapore dollar to 3.0004/0061 from 2.9973/3.0015 on Thursday.








The local unit depreciated against the yen to 3.8818/8900 from 3.8627/8694 on Thursday, and went down against the euro to 4.4907/5001 from 4.4889/4961 yesterday. - Bernama

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy my coffee and read some news. Vivocom price now 27 sen only.

Malaysia's Prime Minister Najib Razak is to have sweeping new security powers to deploy forces. He also faces mounting protest over allegations of misappropriation of state funds.

The new National Security Council Act will allow Prime Minister Najib Razak to designate "security" areas where he can deploy forces to search any individual, vehicle or premise without a warrant.

Under the new powers, which will apply from August 1, investigators will not have to hold formal inquests into killings by the police or armed forces in those areas.

The ruling government coalition has said the law is necessary to counter threats to security but critics have expressed concerns that the new measures could be used to silence critics of the One Malaysia Development Berhad (1MDB) fund scandal.

"The concern among the civil society and others is because the National Security Council can be used against anything that the government is unhappy with," said Wan Saiful Wan Jan, chief executive of the Institute for Democracy and Economic Affairs. He said it could extend to public rallies.

The law was enacted without the customary royal assent being obtained from Malaysia's King Abdul Halim, who had asked for some changes to the text.

One Malaysia Development Berhad (1MDB)

The new measures come as more protests are being planned over allegations of corruption in government, and management of the 1MDB. Until recently, the prime minister was chair of the advisory council of the 1MDB development fund, which he founded in 2009 aimed at turning Kuala Lumpur into a financial hub.

Pressure increased last week when the US Justice Department filed civil lawsuits alleging that $3.5 billion (3.1 billion euros) had been misappropriated from the fund. The lawsuits are seeking to seize $1 billion of assets, including property and a private jet, allegedly taken from the fund as part of "an international conspiracy to launder money." The Wall Street Journal reported it had seen written evidence of funds moving from the 1MDB to Najib Razak's bank accounts. The prime minister denies wrongdoing.

US finance house Goldman Sachs Group Inc was sued on Tuesday by a major shareholder of a Malaysian bank it once advised. It had accused the Wall Street bank of fraudulently shortchanging it in a merger. In a complaint filed with the New York State Supreme Court in Manhattan, Primus Pacific Partners said it was seeking $510 million of damages after the Goldman Sachs allegedly concealed its conflicts of interest with Najib Razak and the 1MDB sovereign wealth fund.

Restrictions could limit protests

There have been restrictions on reporting the 1MDB scandal in Malaysia with blocks to online news portals while media groups and journalists have been targeted.

Malaysia's opposition coalition is planning an anti-Najib Razak rally on Saturday. Under current law, rallies can still be organized but under the new measures in force from Monday, protests can be disallowed once a location has been designated a "security area."

The Inspector-General of Police Khalid Abu Bakar said earlier this week he would not allow rallies that demand Najib step down.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy my coffee and read some news. Vivocom price now 27 sen only.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy my coffee and read some news. Vivocom price now 27 sen only.

PUTRAJAYA: Communications and Multimedia Minister Datuk Seri Dr Salleh Said Keruak yesterday advised the people to cease making assumptions over the United States Department of Justice civil lawsuits alleging misappropriation of funds from 1Malaysia Development Bhd.

He said they should remain patient and wait for the completion of the process related to the suits.

“United States lawyers will conduct investigations. We have to wait. The government will not protect anyone. The guilty will have to be penalised,” he told reporters when approached at the Aidilfitri open house of the ministry here.

Salleh said the Malaysian government had extended cooperation for the investigation. The Malaysian Anti-Corruption Commission had provided all the necessary information to the Federal Bureau of Investigation.

“However, there are too many assumptions and interpretations. This is unfair to all quarters, including those who have been named (in the civil lawsuits),” he said.

The minister said that as citizens of an independent country, the people should be more flexible in their thinking and not accept in toto whatever is contained in just one or two reports.

“A variety of matters have been mentioned in the (DOJ) report, and the Attorney-General had said that it is not final and requires investigation,” he said.

The DOJ had recently filed civil lawsuits to seize assets it said were acquired with money allegedly misappropriated from 1MDB, the government investment fund. — Bernama

OTHERS RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.

VIVOCOM INTL HOLDINGS BERHAD

Type Announcement
Subject OTHERS

Description RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.

VIVOCOM INTL HOLDINGS BERHAD (formerly known as INSTACOM GROUP BERHAD) ("VIVOCOM" OR THE "COMPANY")

We refer to our announcement dated 27 June 2016 and the recent news articles pertaining to rumours or speculations regarding Dato’ Seri Dr. Yeoh Seong Mok on his purported intention to resign or retire from the Company.

The Board of Directors (“Board”) would like to deny such rumours and speculations and wishes to clarify and confirm that Dato’ Seri Dr. Yeoh Seong Mok shall remain as the CEO of the Company, and that he has no intention of leaving the Company as reported in the press.

The Board takes note of its obligations under the listing requirements on timely disclosure of material developments and will make the necessary announcements of such pertinent matters accordingly.

PETALING JAYA: Pro-Najib blogger Lim Sian See has pointed out that any money said to have been embezzled from 1Malaysia Development Berhad was actually stolen from Abu Dhabi’s state-owned International Petroleum Investment Company (IPIC).

He said 1MDB could not lay claim to the money, which the US Justice Department said had been embezzled and paid to Penang-born financier Jho Low, motion-picture production firm Red Granite Pictures and Abu Dhabi businessman Khadem Abdullah al-Qubaisi.

Analysing the allegations laid out in a suit by the Justice Department Lim said in his blog LSS Report that “if money from here was stolen, then it was stolen from International Petroleum Investment Co and not 1MDB.”

He said 1MDB had signed joint-venture agreements with Abu Dhabi company Aabar Investments PJS, where Khadem was the chairman and Mohamed Badawy Al-Husseiny the managing director.

The two men were named in the US suit together with Jho Low and Riza Aziz, son of Rosmah Mansor, wife of the prime minister.

The Justice Departmant seeks to seize US$1 billion in assets – including luxury properties, a hotel, a private jet, works of art and royalties to the movie Wolf of Wall Street. The suit says the assets were acquired with money embezzled from 1MDB funds.

Bernama reported that Lim said that 1MDB held that Aabar BVI was a legitimate firm owned by IPIC.

The two companies are in dispute about the money, and the case has gone to arbitration in London.

“For 1MDB to claim that the money is theirs would mean that the entire London arbitration case between IPIC and it would collapse. 1MDB will end up losing billions, while Abu Dhabi’s IPIC will get away blameless.

“This despite both of IPIC’s most senior executives, its former managing director Khadem from 2007 to 2015 and Aabar PJS’s managing director Mohamed Badawy being named as part of the US case and asset seizures,” he added, according to Bernama.

Lim said 1MDB would need to focus on winning its arbitration case by proving that the two senior executives of Aabar and IPIC had acted with full authority of the board and that all checks had shown that Aabar-BVI had legally belonged to both entities.

“1MDB believes it has enough evidence to win the case. It deliberately refused to pay for the scheduled interest payments on the bonds, despite having RM3 billion in the bank then, and allowed the two 1MDB bonds guaranteed by IPIC to default, thus triggering the guarantee by the latter, forcing it to pay up,” he said.

He added that if 1MDB wins this case, then the US$4.5 billion in assets could be recovered from IPIC.

“If this is the case, it is likely that IPIC will take over the US$3.5 billion bonds and allow 1MDB to keep the US$1 billion which it had paid earlier. IPIC will then be the party responsible for reclaiming the US$4.5 billion assets in Aabar-BVI,” he said, Bernama reported.

On the question of how much actual “wang rakyat” had been lost so far, he concluded, none so far.

“Since the amounts alleged to be stolen are from the loans that 1MDB took and are not due, no actual Malaysian money has been lost as yet. This is assuming that the IPIC dispute can be settled in 1MDB’s favour and the US$1.5 billion Global Investment Limited (GIL) bonds is redeemed,” Lim said.

He also pointed out that 1MDB had not defaulted on any loans or bonds so far other than US$3.5 billion bonds in dispute with IPIC.

“In fact, many loans have been completely repaid or settled,” he added.

Lim said if 1MDB won the IPIC arbitration case and also redeemed the US$1.5 billion GIL funds, then it could truly say that none of its money was missing or stolen.

A more detailed analysis of the US law suit is on Lim’s blog.

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak has urged the people to use the correct channels to raise differing views.

He said as a nation which practises constitutional democracy, actions such as street demonstrations were wrong.

"If we were to demonstrate … and suddenly there are disruptions by Daesh terrorists, what will happen? There will be anarchy," he said.

Najib said this at a dinner in conjunction with the 2016 Students Parliamentary Session, at the Putra World Trade Centre here Wednesday night.

Also present were Higher Education Minister Datuk Seri Idris Jusoh, Malaysian Former Elected Representatives Council (Mubarak) president Tan Sri Abdul Aziz Rahman and Universiti Islam Antarabangsa Malaysia president Tan Sri Dr Rais Yatim.

Najib stressed that those who did not agree with the Government on certain issues should not play politics of hatred and should instead offer constructive alternatives to the Government.

Najib, who is also Finance Minister, also pointed out that the Government had aided the people tremendously in terms of cost of living, education, health and pilgrimage.

The Government in power now, he said, was a responsible government and was always concerned about the people's needs and strengthening the nation's economy in the long run. – Bernama

Solidarity for Najib in wake of US action

PETALING JAYA: In view of the US Justice Department’s action allegedly linking 1Malaysia Development Berhad (1MDB), Malaysians have taken to social media to show solidarity for Prime Minister Datuk Seri Najib Tun Razak.

Social media was abuzz with the hashtag #bestrongPM being widely shared on both Facebook and Twitter on Friday.

Among the messages circulated on Facebook include "Kekal Najib" (Najib to remain), “Belia Bangkit (Rise up youth)”, “Parlimen Pekan (Pekan Parliament)” and “Anti-DAP club”.

In addition to sharing the hashtag and the image attached to it, one page “Kelab Che Jib” wrote, "#bestrongPM in facing the allegations and negative perceptions that are being thrown at you."

They just like many other social media users urged the public to share the image and the hashtag in order to show support for the Prime Minister.

On Twitter, one @romyirwanshah wrote: "#bestrongPM, one day Malaysians will know who you are. We support you."

His message was echoed by @asyrafmiswan who said, "Najib is innocent, #bestrongPM."

On Thursday, Najib urged all parties not to jump to conclusions on the ongoing action by the US Justice Department to seize over US$1bil (RM4.02bil) in assets allegedly linked to 1MDB.

The Prime Minister said the Government would extend its full cooperation to all international investigative bodies relating to the matter.

PETALING JAYA: Datuk Seri Najib Tun Razak has said that the National Security Council Act has been deliberately misinterpreted and that it is not the same as a declaration of national emergency.

The Prime Minister said that the proclamation of national emergency remains with the King and that Parliament remains sitting with oversight on any security area declared.

“We were criticised for passing these laws, including by some who fear mongered for political reasons,” he said in a statement on Wednesday.

Najib said that the latest terrorist outrages around the world demonstrates that the threat is real and growing.

“We are far from immune in Malaysia, as the first IS attack on us last month showed,” he said adding that the introduction of new acts followed requests from security forces.

These acts include Security Offences (Special Measures) Act, the Special Measures against Terrorism in Foreign Countries Act, the Prevention of Terrorism Act, and the National Security Council Act.

The National Security Act comes into effect in August.

“My government will never apologise for placing the safety and security of the Malaysian people first. These laws were necessary, and other countries have since followed our lead.

“I can assure Malaysians that the Government will continue to put all possible measures in place to protect you,” he said adding that IS and its perverted ideology have no place in Islam.
“Now is the time for us to unite and play an even greater part alongside the world community in the fight against terrorism,” he added.

OTHERS RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.

VIVOCOM INTL HOLDINGS BERHAD

Type Announcement
Subject OTHERS

Description RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.

VIVOCOM INTL HOLDINGS BERHAD (formerly known as INSTACOM GROUP BERHAD) ("VIVOCOM" OR THE "COMPANY")

We refer to our announcement dated 27 June 2016 and the recent news articles pertaining to rumours or speculations regarding Dato’ Seri Dr. Yeoh Seong Mok on his purported intention to resign or retire from the Company.

The Board of Directors (“Board”) would like to deny such rumours and speculations and wishes to clarify and confirm that Dato’ Seri Dr. Yeoh Seong Mok shall remain as the CEO of the Company, and that he has no intention of leaving the Company as reported in the press.

The Board takes note of its obligations under the listing requirements on timely disclosure of material developments and will make the necessary announcements of such pertinent matters accordingly.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Enjoy my coffee and read some news. Vivocom price now 27 sen only.

OTHERS RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.

VIVOCOM INTL HOLDINGS BERHAD

Type Announcement
Subject OTHERS

Description RUMOURS OR SPECULATIONS REGARDING DATO SERI DR. YEOH SEONG MOK ON HIS PURPORTED INTENTION TO RESIGN OR RETIRE FROM THE COMPANY.

VIVOCOM INTL HOLDINGS BERHAD (formerly known as INSTACOM GROUP BERHAD) ("VIVOCOM" OR THE "COMPANY")

We refer to our announcement dated 27 June 2016 and the recent news articles pertaining to rumours or speculations regarding Dato’ Seri Dr. Yeoh Seong Mok on his purported intention to resign or retire from the Company.

The Board of Directors (“Board”) would like to deny such rumours and speculations and wishes to clarify and confirm that Dato’ Seri Dr. Yeoh Seong Mok shall remain as the CEO of the Company, and that he has no intention of leaving the Company as reported in the press.

The Board takes note of its obligations under the listing requirements on timely disclosure of material developments and will make the necessary announcements of such pertinent matters accordingly.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Have some coffee and read some news.

Vivocom current price 27 sen.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Have some coffee and read some news.

Solidarity for Najib in wake of US action

PETALING JAYA: In view of the US Justice Department’s action allegedly linking 1Malaysia Development Berhad (1MDB), Malaysians have taken to social media to show solidarity for Prime Minister Datuk Seri Najib Tun Razak.

Social media was abuzz with the hashtag #bestrongPM being widely shared on both Facebook and Twitter on Friday.

Among the messages circulated on Facebook include "Kekal Najib" (Najib to remain), “Belia Bangkit (Rise up youth)”, “Parlimen Pekan (Pekan Parliament)” and “Anti-DAP club”.

In addition to sharing the hashtag and the image attached to it, one page “Kelab Che Jib” wrote, "#bestrongPM in facing the allegations and negative perceptions that are being thrown at you."

They just like many other social media users urged the public to share the image and the hashtag in order to show support for the Prime Minister.

On Twitter, one @romyirwanshah wrote: "#bestrongPM, one day Malaysians will know who you are. We support you."

His message was echoed by @asyrafmiswan who said, "Najib is innocent, #bestrongPM."

On Thursday, Najib urged all parties not to jump to conclusions on the ongoing action by the US Justice Department to seize over US$1bil (RM4.02bil) in assets allegedly linked to 1MDB.

The Prime Minister said the Government would extend its full cooperation to all international investigative bodies relating to the matter.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Have some coffee and read some news.

PETALING JAYA: Datuk Seri Najib Tun Razak has said that the National Security Council Act has been deliberately misinterpreted and that it is not the same as a declaration of national emergency.

The Prime Minister said that the proclamation of national emergency remains with the King and that Parliament remains sitting with oversight on any security area declared.

“We were criticised for passing these laws, including by some who fear mongered for political reasons,” he said in a statement on Wednesday.

Najib said that the latest terrorist outrages around the world demonstrates that the threat is real and growing.

“We are far from immune in Malaysia, as the first IS attack on us last month showed,” he said adding that the introduction of new acts followed requests from security forces.

These acts include Security Offences (Special Measures) Act, the Special Measures against Terrorism in Foreign Countries Act, the Prevention of Terrorism Act, and the National Security Council Act.

The National Security Act comes into effect in August.

“My government will never apologise for placing the safety and security of the Malaysian people first. These laws were necessary, and other countries have since followed our lead.

“I can assure Malaysians that the Government will continue to put all possible measures in place to protect you,” he said adding that IS and its perverted ideology have no place in Islam.
“Now is the time for us to unite and play an even greater part alongside the world community in the fight against terrorism,” he added.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Have some coffee and read some news.

By Reuters / Reuters | July 28, 2016 : 10:00 PM MYT

ZURICH (July 28): Credit Suisse posted an unexpected second-quarter net profit on Thursday, boosting Chief Executive Tidjane Thiam's efforts to restructure Switzerland's second-biggest bank.

The results confounded expectations for a third straight quarterly loss and offered the first green shoots for Thiam's wealth-management driven strategy, which has been hampered by tough financial markets, muddled communication and concerns over Credit Suisse's capital position.

At 170 million Swiss francs (US$173.5 million), net profit was well down on the 1.05 billion earned in the same period last year. But it beat even the most optimistic forecast in a Reuters poll of six analysts, with the average estimate for a 192 million franc loss.


"This is clearly better than feared," Kepler Cheuvreux analyst Peter Casanova, who has a "hold" rating on the stock, wrote in a note.

Despite the earnings beat, Thiam struck a cautious tone, which was also reflected in the share price reaction.

"I never want to declare victory after two quarters," he told a news conference. "All we're saying here today is that things are moving in the right direction."

His blueprint is to move away from volatile, capital-intensive investment banking and focus on wealth management, which offers more stable returns. Thiam is also looking to cut at least 4.3 billion francs in costs by the end of 2018.

Credit Suisse shares pared early gains to trade down 4.3% by 1315 GMT, a steeper drop than the sector.

With quarterly net revenues down 26.6%, questions also still linger over the bank's capital position, where it trails some peers, and potential fines from litigation risks.

Credit Suisse boosted its common equity Tier 1 capital ratio — a key measure of capital strength — by 40 basis points to 11.8% by cutting back on risk-weighted assets. This is within its target of 11 to 12% for 2016 but still not enough to convince some analysts.

"We believe CS will still need to raise another round of capital next year," Bernstein analysts, who rate the stock "underperform", wrote.

The question remains even after a 6 billion franc capital raising last year and plans to float part of its Swiss business, which the bank hopes will raise 2 billion to 4 billion francs.

Thiam said it has an adequate capital position.

"A LOT OF UPSIDE"

Record-low interest rates, rocky financial markets and restrained client activity are making it difficult for many major European banks to find top-line growth.

With shrinking revenues, a key focus will be on the progress of cost-cutting measures, including thousands of layoffs, with Credit Suisse saying it was on track to hit 2016 savings target.

"Reducing cost is a clear and absolute priority for us," Thiam said, adding there is "a lot of upside" should markets improve.

Second-quarter earnings were boosted by unexpected pre-tax income of 154 million francs at Credit Suisse's global markets division, one of two investment banking divisions and a source of steep losses in recent months.

It benefited from moving assets into the bank's strategic resolution unit, which winds down activities it no longer wants.

With Thiam hoping private banking will be Credit Suisse's main money maker in the years ahead, analysts welcomed "strong" net new money inflows of 11.3 billion francs at its three private banking divisions.

PANAMA LINK

Britain's June 23 vote to leave the European Union caught many in the market off guard, but Thiam said a decision to cut back on risky positions had prevented any large losses.

Credit Suisse also said it was cooperating with governmental and regulatory authorities over banking relationships between financial institutions, clients and the Panama-based law firm of Mossack Fonseca.

Leaks from the law firm, dubbed the "Panama Papers," have embarrassed several world leaders and shone a spotlight on the shadowy world of offshore companies.

Credit Suisse said it was conducting a review of the issues.

Five solid financial institutions ( CIMB, MIDF, SJ Securities, Mercury Securities and TA ) advocating a BUY CALL for Vivocom with Target Price at 72 sen.

- Declared Bonus issue 1:4 on 12 July. Approved by Bursa on 22 July 2016.
- Q1 result Profit after Tax RM20mil. Forecast 15 mil. Exceeded expectations.
- Q2 result Profit estimated above RM21mil. Forecast 15 mil. Above expectation again.
- Forecast profit FYE2016 is RM60mil. Year End is Dec 2016.
- Current Order book value at RM1.4 bil.

Vivocom is a company full of potentials. If you believe in Vivocom BUY, If not BYE BYE.

Now sit back and relax. Have some coffee and read some news.