Serious

Serious | Joined since 2016-09-27

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News & Blogs

2 weeks ago | Report Abuse

What the hack? Save Malaysia always publishes destabilising articles on Unity government.

News & Blogs

1 month ago | Report Abuse

PRN 15 Popular Vote:
PH+BN = 3,399,472 (49.58%)
PN = 3,382,455 (49.33%)
PH-BN wins the popular vote with a margin of 17017 votes.
Although PH-BN did not win many seats in Kedah, Terengganu, and Kelantan, the votes they gained for each seat was tangible. PH-BN also did not lose their deposit in any seat across the 6 states. PN lost their deposits in 18 seats between Selangor and Penang.
Yes, there is a "green wave". But there was also a huge "unity wall" that stopped it.
twitter com/pemikirmsia/status/1690684905494331392?s=48&t=iPGU9BsAvyZP7HtDC9EXEg

News & Blogs

1 month ago | Report Abuse

PRN 15 Popular Vote:
PH+BN = 3,399,472 (49.58%)
PN = 3,382,455 (49.33%)
PH-BN wins the popular vote with a margin of 17017 votes.
Although PH-BN did not win many seats in Kedah, Terengganu, and Kelantan, the votes they gained for each seat was tangible. PH-BN also did not lose their deposit in any seat across the 6 states. PN lost their deposits in 18 seats between Selangor and Penang.
Yes, there is a "green wave". But there was also a huge "unity wall" that stopped it.

News & Blogs

1 month ago | Report Abuse

It is about time that Malaysia government makes political party based on religion illegitimate.

Stock

2023-05-12 08:14 | Report Abuse

https://www.theedgemarkets.com/node/666608
Genting Malaysia to offload Miami unit, instead of land, for US$1.225b

Stock

2023-05-12 08:13 | Report Abuse

https://www.theedgemarkets.com/node/666608
Genting Malaysia to offload Miami unit, instead of land, for US$1.225b

Stock

2023-05-06 06:32 | Report Abuse

WHO declares COVID-19 is no longer a global emergency, a major symbolic step towards the end of the pandemic
https://www.abc.net.au/news/2023-05-05/who-says-covid-is-no-longer-a-global-emergency/102311746

Stock

2023-04-01 16:32 | Report Abuse

Beijing pledges RM170 bil investments in Malaysia: Anwar
This a result of 19 MoUs inked, round-table with Chinese business leaders, says PM

Stock

2023-03-02 16:57 | Report Abuse

Amid the property sector’s recovery, Paramount has targeted to launch seven projects worth RM1.5 billion in FY2023 — namely Savana Utropolis Batu Kawan, Bukit Banyan, Sejati Lakeside 2, Paramount Palmera, Jalan Ampang Hilir, Bukit Banyan 2 and Greenwoods Amaria Salak Perdana.

Notably, Chew said the group will move into the industrial property sector on the back of received demand with Paramount Palmera in Bukit Minyak, Penang, which will account for RM157 million or 11% of the RM1.5 billion launch target.

Stock

2023-03-02 09:02 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/02/27/paramount-proposes-3.5-sen-final-dividend-on-top-of-12-sen-special-dividend

KUALA LUMPUR: Paramount Corp Bhd has proposed a final dividend of 3.5 sen for the financial year ended Dec 31, 2022 (FY22), on top of the 12 sen special dividend to be paid on March 29, as a reward to its shareholders.
In a statement, the developer said the total dividends for FY22 would be 18 sen if the proposed final dividend is approved by shareholders at its forthcoming annual general meeting.
“Paramount had already paid an interim dividend of 2.5 sen for FY22 in September. The 12 sen special dividend will be paid from the proceeds of the divestment of Paramount’s remaining equity in its pre-tertiary education business in 2022,” it said.
For the full year, it posted a net profit of RM60.2mil, up 111% from RM28.5mil a year earlier, while revenue jumped 24.4% to RM847.5mil versus RM681.3mil previously.
Group chief executive officer Jeffrey Chew said the property division’s strong performance in 2022 coupled with the improvement in the financial performance of its other businesses showed the ability of the group’s businesses to thrive in the year of recovery. “The full reopening of the economy in the second quarter of 2022 had led to a surge in sales and we are happy to say that the momentum has been sustained. By the first nine months, we had already exceeded the financial results of the full year 2021,” he said.

Chew said: “The group achieved two new milestones in FY2022. Firstly, it achieved its highest ever sales of RM1.1bil, surpassing its record in 2018.”
“Secondly, it launched RM1.2bil properties, of which RM900mil was launched in the final quarter of 2022, including Phase 1 of Sejati Lakeside 2 in Cyberjaya (non-strata double storey semi-detached homes), The Atera in Petaling Jaya (a transit-oriented development) and Greenwoods Seraya in Sepang (townhouses).”
He also said these three projects were expected to contribute positively to the group's sales performance in 2023, given the good response they had received.
Chew is confident with its property division’s ability to achieve a sales target of RM1.2bil given that demand for residential properties has always been resilient on the growth of the Malaysian economy.
Its unbilled sales of RM1.4bil as at Dec 31 will provide some visibility of cashflow in the near term, contingent on construction progress.

Stock

2022-10-07 10:56 | Report Abuse

I guess we have to accept the matter of the fact that nothing is confirmed until it is really confirmed.

Stock

2022-10-07 09:54 | Report Abuse

@ MoneyMakers
Please share link regarding your comment.

Stock

2022-09-29 15:39 | Report Abuse

Incredible management in this company

Stock

2022-07-22 13:11 | Report Abuse

AirAsia X to recommence flights to Melbourne, Sydney, Perth and Auckland | 9 News Australia
https://www.youtube.com/watch?v=e0bbSoEakcQ

Stock
Stock

2022-06-28 10:04 | Report Abuse

S&P revises Malaysia's outlook to stable from negative, expects 2022 GDP growth to hit 6.1%
https://www.theedgemarkets.com/article/sp-revises-malaysias-outlook-stable-negative

Stock

2022-06-28 10:02 | Report Abuse

https://www.theedgemarkets.com/article/sp-revises-malaysias-outlook-stable-negative
S&P revises Malaysia's outlook to stable from negative, expects 2022 GDP growth to hit 6.1%

Stock

2022-06-14 08:09 | Report Abuse

https://www.youtube.com/watch?v=RSb0hBVET50
CRYPTO MELTDOWN as Prices CRASH, BINANCE & CELSIUS Suspend Withdrawals & BOE Warns of 100% LOSSES

Stock

2022-06-11 09:20 | Report Abuse

US will end Covid-19 testing requirement for all air travelers entering the country

https://www.cnn.com/2022/06/10/politics/us-to-end-pre-departure-testing-requirement/index.html

Stock

2022-06-11 09:09 | Report Abuse

US will end Covid-19 testing requirement for all air travelers entering the country
https://www.cnn.com/2022/06/10/politics/us-to-end-pre-departure-testing-requirement/index.html

Stock

2022-05-20 10:34 | Report Abuse

Next QR | Estimated. Announcement Date
31-Mar-2022 | 25-May-2022

Stock

2022-05-06 11:58 | Report Abuse

“Day after day, the direction seems to change. This opens up good opportunism for companies which have fundamentals, strong earnings, strong outlook for the next three-to-five years. What is really interesting about these markets is that there are these every-other-day changes in either direction where investors are outrageously bullish or outrageously bearish the next day.”

Stock

2022-05-06 11:57 | Report Abuse

“Day after day, the direction seems to change. This opens up good opportunism for companies which have fundamentals, strong earnings, strong outlook for the next three-to-five years. What is really interesting about these markets is that there are these every-other-day changes in either direction where investors are outrageously bullish or outrageously bearish the next day.”

Stock

2022-04-02 07:56 | Report Abuse

https://youtu.be/ErH0UlhDEWA
Travellers waiting at Woodlands Checkpoint on March 31

Stock

2022-03-29 17:00 | Report Abuse

Quote:
Why 90% Active Traders & Contra Players are GUARANTEED to Lose money while only 10% Savvy Investors are making money, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/...

Stock

2022-03-24 14:05 | Report Abuse

Will the sleeping giant wake up soon?

Stock

2022-03-18 07:05 | Report Abuse

Paramount expands footprint in e-commerce with Commerce.Asia buy
By NST Business - March 17, 2022 @ 12:54pm
KUALA LUMPUR: Paramount Corp Bhd has invested RM10 million in Commerce DotAsia Ventures Sdn Bhd (Commerce.Asia).

Commerce.Asia is an all-in-one e-commerce ecosystem that provides one stop, end-to-end e-commerce solutions for brands, businesses, and small and medium enterprises (SMEs) in Southeast Asia.

Paramount said the investment was made through its wholly-owned investment vehicle Magna Intelligent Sdn Bhd (Magna) and Magna's 30 per cent-owned associated company, Omegaxis Sdn Bhd, which owns Fundaztic.
"This is in line with Paramount's five-year (2020-2024) strategic plan to identify new sources of earnings, particularly in the digital space. "Paramount is also the lead applicant of a consortium applying to Bank Negara for a digital banking licence," the company said in a statement today. It said the pandemic had shifted consumer behaviour and accelerated e-commerce adoption worldwide over the past two years.
As such, the company's investment in Commerce.Asia was timely given its end-to-end ecosystem, track record, and business model which has almost doubled in revenue since 2020 and turned profitable in 2021, said Paramount corporate strategy and investment head Tracy Gan.

Commerce.Asia manages all aspects of customers' online businesses, from developing their online stores to managing product sales across multiple e-marketplaces, including warehousing, payment, delivery, marketing, and order management.

The company currently has over 92,000 active sellers who use its various platforms, with a group gross merchandise volume (GMV) of RM6.7 billion last year.

"The convergence of two fast emerging trends – fintech and e-commerce – serves as the platform for Fundaztic to provide financing to Commerce.Asia's network of merchants utilising advanced data analytics and insights," said Gan, adding that it also deepens and broadens the merchant ecosystem available to the Paramount Group.

Fundaztic is one of the first peer-to-peer (P2P) financing platforms in Malaysia licenced by the Securities Commission. It has disbursed close to RM150 million, supporting more than 2,350 micro to small and medium enterprises since 2017.

Stock

2022-03-17 08:22 | Report Abuse

Oil Prices Tumble Below $100 and Keep Falling. Here’s Why.
https://www.marketwatch.com/articles/oil-prices-tumble-below-97-a-barrel-heres-why-51647341663?mod=moremw_bomw
Positive for tourism counters.

Stock

2022-03-17 07:23 | Report Abuse

Dow jumps nearly 600 points, oil prices slide

Stock

2022-03-16 07:02 | Report Abuse

https://news.cgtn.com/news/2022-03-15/China-s-FDI-inflow-up-37-9-in-2022-s-first-two-months-18pQjiw4fi8/index.html
China's FDI inflow up 37.9% in first two months in 2022. Foreign direct investment into the Chinese mainland, in actual use, expanded 37.9 percent year on year to 243.7 billion yuan ($38.26 billion) in the January-February period, the Ministry of Commerce said Monday. In U.S. dollar terms, the inflow went up 45.2 percent year on year to $37.86 billion. The service industry saw FDI inflows jump by 24 percent year on year to 175.7 billion yuan ($27.6 billion), while that of high-tech industries surged by 73.8 percent from a year earlier, data from the ministry showed.