Jayatiasa is now RM 1.05

How long will it take to obtain below agreement (a) to (g)?

Meanwhile the executive chairman of Thai AirAsia and Thai AirAsia X told The Nation newspaper late last week that those two entities may continue to operate under their present ownership structure until as far out as 2027.

"The merger of two airlines in Thailand may have to wait two to three years until Thai AirAsia X leaves the business rehabilitation plan, which should happen around late 2025,” Tassapon Bijleveld said. Thai AirAsia X entered into bankruptcy protection in May 2022, at the time saying doing so would allow it to manage better debts incurred earlier in the pandemic.


Completion of the Definitive SSPA will be subject to, amongst others, the following conditions precedent:
(a) approval of the shareholders of the Company being obtained at an
extraordinary general meeting to be convened for the Proposed Aviation Business Disposal and such other corporate exercises to be undertaken by Capital A which may include a proposed distribution-in￾specie of part of the Consideration Shares to the shareholders of Capital A via a reduction and repayment of its share capital pursuant to Section 116 of the Companies Act 2016 (“Proposed Distribution”)(collectively, the “Proposed Corporate Exercises”);

(b) the approval of the holders of the Company's 7-year redeemable convertible unsecured Islamic debt securities of RM974.5 million in nominal value (“RCUIDS”) for the Proposed Aviation Business Disposal and the Proposed Corporate Exercises;

(c) the approval/consent of the relevant authorities,financiers/lenders or any third party, as may be necessary, being obtained by Capital A,
AAB and AAAGL and their respective subsidiaries for the Proposed Aviation Business Disposal, the Proposed Corporate Exercises and any other corporate exercises to be undertaken by Capital A prior to the completion of the Proposed Aviation Business Disposal (“Pre￾Completion Restructuring”);

(d) the completion of the Pre-Completion Restructuring;

(e) the sanction of the High Court of Malaya being obtained for the
Proposed Corporate Exercises, if required;

(f) the approval of the shareholders of AAX being obtained at an extraordinary general meeting to be convened for the Proposed Aviation Business Disposal; and

(g) such other terms to be negotiated and agreed upon by the Parties in
the Definitive Agreement

Do I need to remind you Stony word cannot be trusted.

This is what Stony said then:
Tony Fernandes optimistic Capital A will exit PN17 status by year-end
Bernama -
12 Jan 2023, 04:15 pm

“We can be out of PN17, definitely this year, I hope much earlier (than that). All of the consultants are now going through all the work.

“We hope to submit to Bursa (somewhere between) February and April. So, once we get the approval, then we will go through,” he told reporters on the sidelines of the AirAsia Super App Rider and Driver appreciation event today.

And today:
Capital A Bhd now has up till June 30, 2024 to submit its proposal to regularise its Practice Note 17 (PN17) condition after getting Bursa Malaysia's approval for another six-month extension — its fourth extension in a row. The group was placed in Bursa's PN17 list of financially-distressed entities in January 2022. It was initially supposed to submit the plan by Jan 7, 2023, but the deadline was extended thrice — first to July 7, then to Oct 7 and subsequently to Dec 31, 2023

Do you think creditors and lessors of capA will agreed to transfer the lease and money owed by capA to AAX knowing last time AAX debts restructure AAX only paid 0.5 cents for every dollar owed?

I sold all my free and bought WC during last time when WC shot past PA and bought more Insas.

leno sold Insas and 95% in WC.

Since I hold Insas, I want better dividend and since leno hold WC and think every 10 cents dividend given to Insas shareholders is a 10 cents taken away from WC net worth.

In 2018 AGM, I question why Dato Sri Thong sold his Insas-WB. Dato Sri Thong later resigned from CEO post most likely becauae he do not want to report to Bursa on directors interest dealing on Insas and Insa-WB.

Come end 2019 near expiring of WB, stockraider spend RM 5,000 and bought 1 million WB as rumour Dato' Sri Thong and PAC will convert their WB and thus trigger the 33% threshold MGO. But nothing happen and WB expired out of money in 2020.

Will history repeat again and WC expired on 2026 out of money?

Share of profit of associate company JHDP that already very old news. Any new profit from new project/venture/JV in 2022 and 2023?

Mike-tikus,
Ask you a simple question:
Mind telling me what had ALP acheived in 2022 and 2023 to deserve 42.3 and 27 million free grant LTIP except signing MOU?

And you can't answer but talk 3 talk 4 and talk cock for what?

If rejected then Bursa Securities shall suspend the trading of the listed securities of the Company on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company's right to appeal against the delisting.

4. M & A Nominee (Asing) Sdn Bhd 16,568,015 5.00
- For Qing Shui Wan Holdings Pte Ltd

leno Ah Thong holding 60 % wc
leno 5 %
someone just bought 20%
only left 15% WC in ikan bilis hand.
MUAHAHAHAHAHAH
Siapa lambat, nanti makan ikan bilis saja tau.
16/01/2024 12:04 PM

leno mention before 95% in Insas-WC

Mike-tikus,
Mind telling me what had ALP acheived in 2022 and 2023 to deserve 42.3 and 27 million free grant LTIP except signing MOU?

Name
Details of Changes
View
Date
Type
No. of Shares
Price
MR ANG LAM POAH 10-Jul-2023 Others 42,300,000 0.000 View Detail
MR ANG LAM POAH 19-Sep-2022 Others 27,000,000 0.000 View Detail

THIRTY LARGEST WARRANTS HOLDERS
as at 29 September 2023
3. Public Nominees (Tempatan) Sdn Bhd 18,759,000 5.66
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)

Most likely match

Mike-tikus,
Why recycle the very very old news from 2011. Everyone know about CPECC and JHDP. People already goreng many times on JHDP news and you are too late to goreng JAKS based on old news.

Do you have latest news whether jaks receive any dividend form JHDP in 2023 and did Jaks exercise its option of addition 10% JHDP or Jaks going for another PP or RI in 2024?

Will it be another application for extension come 30 June 2024?

KUALA LUMPUR (Jan 19): Here is a brief recap of some corporate announcements that made news on Friday:
Capital A Bhd now has up till June 30, 2024 to submit its proposal to regularise its Practice Note 17 (PN17) condition after getting Bursa Malaysia's approval for another six-month extension — its fourth extension in a row. The group was placed in Bursa's PN17 list of financially-distressed entities in January 2022. It was initially supposed to submit the plan by Jan 7, 2023, but the deadline was extended thrice — first to July 7, then to Oct 7 and subsequently to Dec 31, 2023

LEE HOCK LEONG
REPORT DATE STOCK NAME NAME IN ANNUAL REPORT NUMBER (RATIO)
10/29/21 (2021) MKLAND 8893 ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR LEE HOCK LEYONG 2117000 (0.175%)
10/30/20 (2020) INSAS 3379 Public Nominees (Tempatan) Sdn Bhd – Pledged Securities Account for Lee Hock Leong (E-PDG/SAN) 3920000 (0.59%)
10/30/20 (2020) PMCORP 4081 Public Nominees (Tempatan) Sdn Bhd – Securities Account for Lee Hock Leong 2394900 (0.34%)
10/31/19 (2019) PMCORP 4081 Public Nominees (Tempatan) Sdn Bhd – Securities Account for Lee Hock Leong 12796000 (1.81%)
10/31/19 (2019) INSAS 3379 Public Nominees (Tempatan) Sdn Bhd – Pledged Securities Account for Lee Hock Leong (E-PDG/SAN) 2661000 (0.4%)
10/31/18 (2018) PMCORP 4081 Public Nominees (Tempatan) Sdn Bhd – Securities Account for Lee Hock Leong 12796000 (1.81%)
10/31/18 (2018) INSAS 3379 Public Nominees (Tempatan) Sdn Bhd – Pledged Securities Account for Lee Hock Leong (E-PDG/SAN) 2650000 (0.4%)
10/31/17 (2017) INSAS 3379 Public Nominees (Tempatan) Sdn Bhd – Pledged Securities Account for Lee Hock Leong (E-PDG/SAN) 2530500 (0.38%)
10/31/17 (2017) PMCORP 4081 Public Nominees (Tempatan) Sdn Bhd – Securities Account for Lee Hock Leong 12796000 (1.81%)
Klse shareholdings by LEE HOCK LEONG in various shares listed in Bursa Malaysia. Please remind that these data extracted from yearly annual report and may consists of data error. For investing study purpose only.

ALP was paid LTIP free grant shares based on how many MOU he signed, so the more the merry.

But MOU is worth less than toilet paper as everyone know jaks do that has money to carry out any new project unless JHDP pay jaks yearly dividend or Jaks need to do PP or RI every year.

So wait for the quarter end 31th Dec 2023 financial report to see whether JHDP pay jaks any dividend in year 2023 or another annoucement of PP or RI for year 2024?

leno make million from PMCORP. Don't look down on PMCORP.

leno wa kaya 1 counter = lu kaya 100 ratus counter mar ....
hahahahaha ... hui hui hui
PMCORP CANTEEEEEEEEEEEEEEEEEKKK !!!
07/11/2017 8:12 AM

Posted by Andre Kua > Jan 19, 2024 8:25 PM | Report Abuse
SSLee... surprised you bought Pantech. Steel related counters aren't very generous with dividends.

Pantech give 1.5 sen dividend every quarter and Pantech served O&G, refinery, oleochemical industries and etc.

KUALA LUMPUR (Jan 18): Pantech Group Holdings Bhd’s net profit dropped 38.98% to RM21.15 million for the third quarter ended Nov 30, 2023 (3QFY2024) from RM34.66 million the year before, mainly due to softer sales in both its trading and manufacturing divisions.

The pipes, valves and fittings manufacturer recorded RM221.44 million revenue for 3QFY2024, down 26.17% from RM299.94 million a year earlier.

Pantech declared a 1.5 sen per share dividend for the quarter, to be paid on March 26, bringing its year-to-date total dividend to 4.5 sen per share.

On prospects, Pantech said the robust oil price is likely to bring a positive impact to its related capital activities such as increased spending in facilities maintenance and upgrading activities in the O&G industry.

“Projects earmarked are expected to begin implementation in the next financial year and the group will actively participate in international trade exhibitions. This in turn will improve the demand for our products in both domestic and international markets,” it said.

Posted by speakup > Jan 19, 2024 6:58 PM | Report Abuse
Was hoping this would be a Double Bagger for me. But look like u guys not making it happen

Speakup,
If you want multibagger then next time buy WC when it is still cheap.

By now you should know why leno all in Insas-WC and shout RM 6 RINGGIT !! RM 6 RINGGIT !!.
Leno just need Insas to be RM 1.60 to earn multi-million from WC.

THIRTY LARGEST WARRANTS HOLDERS
as at 29 September 2023
3. Public Nominees (Tempatan) Sdn Bhd 18,759,000 5.66
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)

Repost:
Jan 17, 2024 9:20 AM | Report Abuse
By the way I bought WC just for the fun putting in real money to compete with your Jaks.

Jan 17, 2024 9:15 AM | Report Abuse
Yesterday morning I q sell from 0.45, 0.47. 0.49 but only done 0.45 and afternoon I q sell 0.43 but only done 4,000 units

Jan 17, 2024 9:12 AM | Report Abuse
Mike-tikus,
are you talking about this?
117259398 01/01/2024 Brought Forward 450,000 0.1597
117996497 16/01/2024 Sell 50,000 0.4500
118001189 16/01/2024 Sell 4,000 0.4300

On behalf of the Board of Directors of the Company, RHB Investment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 19 January 2024 resolved to grant the Company an extension of time up to 30 June 2024 to submit its regularisation plan to the regulatory authorities.

The extension of time is without prejudice to Bursa Securities' right to proceed to suspend the trading of the listed securities of the Company and to de-list the Company in the event:

(i) the Company fails to submit its regularisation plan to the regulatory authorities on or before 30 June 2024;

(ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; or

(iii) the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.

Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of the Company on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company's right to appeal against the delisting.

This announcement is dated 19 January 2024.

Mike-tikus,
After Petronm dividend, I sold all my petronm shares and guess what I bought?

I sold some because if I don't, Mike-tikus will keep laughing at me for dumb dumb hold last time when Insas reach 1.20

The last time Mike-tikus help me to clear my free warrants WC when WC shot past his PA.

Most likely next month I will top up some MBMR

As expected Pantech give another 1.5 sen dividend.

Next month I expect when OSK and Jayatiasa announce thier quarter end 31th Dec 2023 result, most likely another Dividend for me.

I q sell 1.20 after lunch but it did not match.

Mike-tikus,
A very good week for me.
Many figures realized gain and some more many figures book gain.
Enjoy your weekend everyone.

Most likely he/she who shout RM 6 RINGGIT !! RM 6 RINGGIT !! is just trying to lure your to buy high so that he/she can dispose of his/her warrants for handsome gain and for sure it really work everytime.

I want to make money from the dividend received and at the same time capital appreciation on the stock market price.

Why not if it can be done by writing long letter to question BOD during AGM?

I will rest my case if by shouting Insas canteeeeeeeek and INSAS RM 6 RINGGIT !! RM 6 RINGGIT !! Then Insas share price can reach RM6?

If Insas sell down below 50% then M&A will become another associate company of insas.

Then Mike-tikus will not keep complaining why Insas staff expenses increased more than RM 20 million?

Stock [M&A]: M & A EQUITY HOLDINGS BERHAD
Announcement Date 18-Jan-2024
Reference No CS2-16012024-00066
Substantial Shareholder's Particular:
Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
15-Jan-2024 Disposed 85,770,000
Registered Name Insas Plaza Sdn Bhd
Nature of Interest Deemed Interest
15-Jan-2024 Disposed 14,230,000
Registered Name M & A Nominee (Asing) Sdn. Bhd. Montego Assets Limited
Nature of Interest Deemed Interest
Nature of Interest Deemed Interest
Shares Ordinary Shares
Reason Disposal of Equity Interest via Direct Business Transaction.
Total no of securities after change
Direct (units) 1,009,090,909
Direct (%) 50.49
Indirect (units) 106,627,756
Indirect (%) 5.34
Total (units) 1,115,718,665
Total (%) 55.83
Date of Notice 18-Jan-2024

Repost as a caution reminder:
AAX owns 49% of Thai AirAsia X, both were bankruptcy companies due to covid 19.
AAX bulldoze thro' debts restructure of paying 0.5 sen for every dollar owed and then arm twisting Bursa SC to uplift AAX from PN17.

Meanwhile Thai AirAsia X go into business rehabilitation plan that begin a planned process of repaying debts and refund payments to passengers impacted by the inevitable cancellation of flights during the COVID-19 pandemic.

So do you think any bank dare to lend money to AAX and capA?

AAX do not has the money to acquire AirAsia (AAB) and AirAsia Aviation Group (AAAGL) from Capital A.

And I doubt is capA' Brand AA has the legal right to charge loyalty fees on AirAsia (AAB) and AirAsia Aviation Group (AAAGL)?

Most likely Stony is just trying to pull a fast one/hoax from his magic hat.

I only consider Insas deeply undervalued because of it holding in Inari that generate good dividend to Insas yearly that allow it to build it's net worth every year from RM 1,198,048,000 as at 30/6/2014 to RM 2,340,464,000 as at 30/6/2023.

Mike-tikus
PA another big contract from First Solar, can I buy PA?

Mike-tikus,
Already cut win capA or waiting to cut lose?

And of cause except tax and death.

By the way recent days price spike is a good exit for some retail investors/minority shareholders.

Will it go up further is most likely depend on any big money coming into Insas. That is why life is interesting because you do not know what awaiting you.

Hahahaha, me cannot up because I already 60+ as of other sifus you need to ask them privately.

As I say before if not for the significient improvement in FFB production, paring down of borrowing and start paying dividend, I would not have invested in Jayatiasa

Ayam Tua if you are as good as you say. Please give me one stock that worth investing?

I already sold down 50% of my Insas, beside jayatiass I do not know what stock to put my cash on.

Please advise if you can. I am all ear ready to listen.

Know why 95% of investor lose money?
Know those stocks that went limit down these few days have in common?

Insas has good EPS, pay dividend, NAPS RM 3.56 and growth it Net worth every year RM 1,198,048,000 as at 30/6/2014 to RM 2,340,464,000 as at 30/6/2023.

At RM 1.16 insas is still the most undervalued stock in Bursa.

OTB Hope another party is interested to bid for Insas so that the share price is not depressed all the time.
The share price is being depressed for > 10 years.
The share price of Insas should be like the share price of Inari, at least reflects its fundamental.
The share price of Insas below 1.00 is not a fair price, the 4 quarter rolling EPS is 18.16 sen, the share price at least should be equal to 1.82, trading at a PER=10.
My 2 cents comments.
Thank you.
18/01/2024 9:25 PM

The show never over untill someday and someone come in to unlock Insas deep value.

Can anyone tell me, can you find any stock that sell below it cash holding alone or well below it holding of one of it associate company market value?

Insas still hold 532,008,575 (14.20%) Inari shares.

On Jan 2024::15, 12, 11 and 9
Media Lang dispose total 5 million Inari shares in open market.
So quarter end 31th Dec 2023 and quarter end 31March 2024 there will be gain of disposal of shares in an associate company

The question will Insas dispose more Inari shares?

Stock [INARI]: INARI AMERTRON BERHAD
Announcement Date 17-Jan-2024
Reference No CS2-16012024-00107
Substantial Shareholder's Particular:
Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
15-Jan-2024 Disposed 73,500
Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Nature of Interest Indirect Interest
12-Jan-2024 Disposed 926,500
Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares Ordinary shares
Reason Disposal of shares in the open market
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 532,008,575
Indirect (%) 14.20
Total (units) 532,008,575
Total (%) 14.20
Date of Notice 17-Jan-2024

Repost
Stock [INARI]: INARI AMERTRON BERHAD
Announcement Date 27-Dec-2023
Reference No CS2-18072022-00070
Substantial Shareholder's Particular:
Name INSAS BERHAD
Details of Changes:
Currency -
Date of Change Type Number of Shares
22-Dec-2023 Disposed 5,000,000
Registered Name Insas Technology Berhad
Nature of Interest Indirect Interest
22-Dec-2023 Acquired 5,000,000
Registered Name M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares Ordinary shares
Reason Acquisition and disposal via Direct Business Transaction
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 537,008,575
Indirect (%) 14.33
Total (units) 537,008,575
Total (%) 14.33
Date of Notice 27-Dec-2023

Guess next quarter result how much will insas report on gain on dispisal of shares in an associate company on above transaction ?
02/01/2024 7:08 AM

Posted by sell > Jan 18, 2024 10:35 PM | Report Abuse
When so many try to promote time to take profit

Are you a little late to take profit?

Posted by TheContrarian > Jan 18, 2024 11:54 AM | Report Abuse
I only managed to unload 90% of my Insas

Just for comparision: What do you think Jayatiasa fair price?
Jayatiasa
Fresh Fruits Bunches (MT)
Quarter end 31Dec 2023
345,778
Quarter end 30 Sept 2023
359,740
Quarter end 30 June 2023
224,649
Market Cap: 969 Million
NOSH: 974 Million
NAPS: RM 1.51
Share price: RM 0.995

Taaan
Fresh Fruits Bunches (MT)
Quarter end 31Dec 2023
No yet announce
Quarter end 30 Sept 2023
210,829
Quarter end 30 June 2023
143,071
Market Cap: 1,614 Million
NOSH: 445 Million
NAPS : RM 4.10
Share price: RM 3.63

SOP
Fresh Fruits Bunches (MT)
Quarter end 31Dec 2023
348,678
Quarter end 30 Sept 2023
352,149
Quarter end 30 June 2023
264,453
Market Cap: 2,377 Million
NOSH: 890 Million
NAPS: RM 3.86
Share price RM 2.67

Imagine if Insas pay a yearly dividend of 10 sen. What will be Insas share price now?

A very good shareholder question during the AGM.
I like to comment endeavor to maintain a dividend range of 2.5% to 3.3% pa but surely as a financial savvy person this dividend should not be based on highly undervalue share price of 88 sen but should be based on Insas NTA of RM3.50 per share as a reference point.

If RM3.50 is a reference point, a FD rate of 3% pa, it will mean Insas should be paying dividend of 10 sen per share and not 2.5 sen.

i3lurker must be enjoying his long new year holiday oversea. So many people miss him in capA forum.

Who know maybe 2027 another RI RPS with free warrants