25mil share sold in 0.175...
play safe...

big fish selling their share in small units for price 0.175...
small fish start q in 0.18...

don't know how will win this share war..

later wait c their game...

no comment yanxuan8...
for me... down trend for tis week,, up to u ...uptrend,, uptrend lah

every day down 1 sen since 0.835...

no comment about their price n target...
but look like going down trend...later they push until 0.79 or below...

if can maintain in tis price for a week ...also very good already

no comment about ther price but look like go down trend already...
just waiting for few days...

http://www.darkpolitricks.com/2014/08/ron-paul-us-knows-more-than-its-telling-over-mh17-crash/

http://www.themalaysianinsider.com/bahasa/article/biarkan-khazanah-dan-mas-lakukan-tugas-mereka-kata-tony-fernandes


Khazanah menyerahkan permohonan rasmi kepada lembaga pengarah MAS untuk melaksanakan langkah pengurangan dan pembayaran balik modal secara terpilih bagi saham-saham biasa MAS.

Apabila selesai, Khazanah akan menjadi pemegang saham biasa tunggal MAS, yang akan dinyahsenarai daripada kaunter Bursa Malaysia.‎ – Bernama, 11 Ogos, 2014.

last 1 week i said kenanga tp is 0.81 ...u all said tp 1.00 and have 2 sen dividend ...

now their target 0.77(from RM0.81 previously)...
look like it will go below 0.70 and later have good news or go main board,,it will go 0.77 hahaha...

http://www.thestar.com.my/Business/Business-News/2014/08/04/Puncak-Niaga-rated-hold/

REDTONE INTERNATIONAL BHD

By Kenanga Research

Market perform

Target price: 77 sen

REDtone International’s profit after tax and minority interests (Patami) of RM22.6mil for the financial year 2014 (FY14) (-10% year-on-year (y-o-y)) came in below expectations.

Kenanga Research said the key culprits were higher-than-expected general & administrative expenses and minority interests.

“Despite recording a lower Patami on a y-o-y basis, its results should be deemed as healthy in view of the absence of a one-off upfront payment from Maxis, which led REDtone to record a 10-fold jump in earnings in FY13,” noted Kenanga Research.

FY14 revenue improved by 2% mainly propelled by the strong contribution from its data segment (+14% to RM86.6mil), which was driven by various government projects.

Turnover went down to RM37.3mil (-9%) in fourth-quarter 2014 because of lower data segment revenue as a result of delays in billing of its Time 3 project.

Profit before tax, on the other hand, soared by 59% to RM9.9mil led by additional high-margin projects recognition.

The company has recorded a third consecutive year of profitability, making it eligible to seek a transfer to the Main Board in coming months.

Kenanga recommended investors to continue holding the shares pending the next key catalysts, which could materialise within the next few weeks.

The research house lowered the target price to RM0.77 (from RM0.81 previously) based on unchanged FY15 targeted price-earnings ratio of 14.5x.

yesterday morning in the star redtone group ceo Lau Bik Soon said that China voice business segment would continue to be the group’s cash cow...

http://www.thestar.com.my/Business/Business-News/2014/08/01/REDtone-net-profit-falls-Data-and-broadband-services-are-main-contributors-to-the-groups-profit/


yesterday evening in theedge and the star redtone MD dato wei said the want sell redtone china...
http://www.thestar.com.my/Business/Business-News/2014/08/02/REDtone-divesting-indirect-China-unit-for-RM14mil/

http://www.theedgemalaysia.com/business-news/300923-highlight-redtone-international-sells-china-unit-for-rmb-28-million.html

they making fun ...

last time redtone sell redtone mobile... now they sell redtone china
if they sell all sub company from where they can get profit or revenue ...
pls think about that first ..

hi speakup...

what happen to 2 sen dividend hahaha...

translate in english...

Kuala Lumpur on the 25th news) Asian biochemical (ASIABIO, 0150, GEM) is working with potential partners to negotiate, to $ 70 million (200 million 21.9 million ringgit) to build three fuel plant in Johor and Pahang.
Asian biochemical recently executive director of Lvjin Long told reporters after the shareholders' meeting, which is now 3-4 and companies negotiate, among them plantation companies, because these companies can provide raw materials, can be an ideal partner in Asia and biochemistry.
He said the company will cooperate with potential partners to build the plant, and plans to hold at least 20% stake in each plant, each of these plants can create 10 million gallons (Gallons) of green gasoline.
Executive Director of 陈石义 also said that funds in April raised through additional shares not enough to build a fuel production plant, and thus need to find partners.
No intention to turn the motherboard
"Among potential partners from abroad, and expressed willingness to finance three factories."
Asian biochemical cooperation with the United States in February this year, Cool Planet Energy Systems, Inc., to use the latter technology, developed in Johor and Pahang three fuel production plant.
As the first plant is planned to use local fuels, such as oil palm fresh fruit bunches empty factory, I believe it will operational in three years.
The company also plans to spend 42 million ringgit in the next three years to put technology breeds Fund (technology incubationfund), will serve as the establishment of new factories, buy machinery, buy green technology companies and other purposes.
In addition, the company has no plans to go to the motherboard.

http://www.nanyang.com/node/637781?tid=742

吉隆坡25日讯）亚洲生化（ASIABIO，0150，创业板）正与潜在伙伴洽谈，以7000万美元（2亿2190万令吉）在柔佛和彭亨兴建3座燃料厂。
亚洲生化执行董事吕金龙日前在股东大会后向记者透露，目前正和3至4家公司进行洽谈，当中有种植公司，由于这些公司可提供原料，可成为亚洲生化的理想伙伴。
他表示，该公司将与潜在伙伴合作兴建该厂房，并计划持有每间厂房至少20%股权，这些厂房每间可造出1000万加仑（Gallons）的绿色汽油。
执行董事陈石义也表示，4月透过附加股筹集的资金并未足以兴建燃料生产厂房，因而需要寻觅伙伴。
无意转主板
“当中，有来自海外的潜在伙伴，并表示愿意融资3家厂房。”
亚洲生化在今年2月与美国Cool Planet能源系统公司合作，以使用后者科技，在柔佛和彭亨开发3家燃料生产厂房。
至于首个厂房则计划使用本地燃料，如棕油厂的空鲜果串，相信会在3年内营运。
该公司也计划在未来3年斥资4200万令吉，以投入科技蕴育基金（technology incubationfund），将作为设立新厂房、购买机械、购买绿色科技公司等用途。
另外，该公司也没有转至主板的计划。

http://www.nanyang.com/node/637781?tid=742

17/07/2014 0.77 0.81 +0.04 (5.19%) BUY KENANGA

on 17/7 kenanga target 0.81...

http://klse.i3investor.com/servlets/stk/pt/0032.jsp

Pls read theedge news writen by kenanga target price 0.81...

http://www.theedgemalaysia.com/business-news/299207-redtone-targets-to-seek-transfer-to-main-market-in-september.html

later go below 0.74 collect back...

i think q4 result not very good tat reason price is drop...
luckly i already sell in 0.825 bcos kenanga target price 0.81.....

hopefully it can reach 0.84...

going down trend already....
morning 0.775 but now 0.765...

ok la... tp is 0.80 ...just wait few days 0.80

i think someone selling in 0.74

very good time sell already ...later below 0.7 collect back...

“With a cash burn rate of RM5mil per day, MAS could exhaust its entire free cash resources and gearing could soar to five times by the end of 2015.

every day 5mil lost ...1 month 150mil ...4 month 450mil ....

http://www.thesundaily.my/news/1066544

200 companies vie for digital TV contracts
Posted on 3 June 2014 - 05:40am
Eva Yeong
sunbiz@thesundaily.com
Print
KUALA LUMPUR: A total of 200 companies have registered with Puncak Semangat Sdn Bhd to participate in the closed tender for various contracts for the Digital Terrestrial TV (DTT) infrastructure and network facilities implementation, said its deputy project director Mohamed Redzwan Yahya.

"About 200 companies have registered with us to participate in this tender. We will review their capacity," he told reporters at a briefing on the DTT roll-out yesterday.

He said the 200 companies are interested in various packages, including 20 set-top box (STB) manufacturers who are looking to participate in the two million STBs that Puncak Semangat will provide to eligible recipients in rural areas.

Last week, SunBiz reported that MYTV Broadcasting Sdn Bhd, a member of Altel Holdings Sdn Bhd, which in turn is part of Puncak Semangat, will call for internal bidding this month for infrastructure contracts related to the DTT roll-out.

It was reported that the contracts include 16 packages spread under seven categories and only companies (local and international) offering products and services that suit Puncak Semangat's strategy will be invited for the closed tender.

"We have specifications for the STBs. Whoever is interested must meet our specifications. We have 20 STB manufacturers to supply the STBs. We'll shortlist, review and negotiate the prices," said Redzwan.

He said it will require several manufacturers in order to provide the two million STBs on time and there must be inter-operability within the STBs produced by different manufacturers.

On the cost of the STBs, he said it is in the midst of obtaining approval from the Malaysian Communications and Multimedia Commission.

"Our strategy is to keep the simulcast period short and we have been granted the moratorium to supply STBs for the first five years for cash flow boost during the 'dry period'," said Redzwan.

He said the STBs, which will be full-featured in order to receive interactive services and hybrid services, will be distributed on Jan 16, 2015 before it goes on air on April 16, 2015. It is also in talks with Pos Malaysia to distribute the STBs via 700 Pos Malaysia outlets.

The eligible recipients of the STBs in rural areas will be determined either using the e-Kasih or 1Malaysia People's Aid (BR1M) latest database.

http://www.thesundaily.my/news/1056442


Closed tender for DTTB jobs in June
Posted on 26 May 2014 - 05:40am
Eva Yeong
sunbiz@thesundaily.com
Print
PETALING JAYA: MYTV Broadcasting Sdn Bhd, a member of Altel Holdings Sdn Bhd, will call for internal bidding next month for infrastructure contracts in relation to the digital terrestrial TV broadcasting (DTTB) rollout.

A source close to the project told SunBiz that the infrastructure contracts include 16 packages spread under seven categories including warehousing, logistics and distribution network.

"It will be a closed tender. We will only invite companies that we've recognised as suitable for the tender. These are companies that offer products and services that suit our strategy. They include local and international companies," said the source.

The internal bidding will open sometime in June and will take two months before the winning bids are announced; one month for companies to submit proposals and another month for MYTV Broadcasting to review them.

"Various companies have showed us their products and services and we will invite those that we think are suitable for the project."

"For example, we are looking for a warehousing and logistics company to host our set-top box and a service provider for contribution and distribution network. Basically, what we don't produce but what is needed in the rolling out of DTTB."

The source said that MYTV Broadcasting has started work on the DTTB rollout since the finalisation of the DTTB award from the Malaysian Communications and Multimedia Commission (MCMC) was received on April 16, 2014.

The company is part of Puncak Semangat Sdn Bhd, which won the rights to build and manage the digital infrastructure for DTTB services in Malaysia. Puncak Semangat is a wholly-owned company of the Al-Bukhary Group of Companies.

Puncak Semangat submitted its proposal in June last year and beat two other bidders, i-Media Broadcasting Solutions Sdn Bhd and REDtone Network Sdn Bhd.

"DTTB is a platform to move from analogue to digital and MCMC's target is to be fully digital by 2016. We are on track to hit the target by mid-2016.

"We have started whatever we can do first. This internal bid is for parts that we do not possess or cannot implement on our own. We're doing the marketing and education bits, the strategy and even the infrastructure itself, by designing the specifications," the source said.

Spanish company Egatel SL is one of the international companies interested in participating in the closed tender. It said in a statement last Wednesday that it had offered its product range and vendor financing option via a letter of intent to Puncak Semangat.

very good news...

CPE Growth Capital Limited Acquired 6,500,000 share on 22/05

Total no of securities after change 93,500,000 ...11.13%

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1631409

no comment charlie...
just waiting for their real game....

very good news ... i think u follow my way ...

their price wen until 0.17 and drop back to 0.13...

later below 0.10 bcos they extra legal case...

Hi all,

They have legal case need to settle

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1438509

A writ summon has been served by Tang Yit Fun (“ 1st Plaintiff) and Tang Yit Peng (“2nd Plaintiff’) against Tiger Synergy Berhad (“the Company”), Goldenier Property Management Sdn. Bhd. (GPMSB), Janavista Sdn Bhd (“JSB”) & 2 others [“the Defendants”] for the sum of RM4,575,000.00and specific performance and damages for breach of contract , interest and costs. GPMSB is the wholly-owned subsidiary of the Company.

This case was fixed for hearing before the Honourable Judge Tuan Vazeer Alam Bin Mydin Meera on the 16th and 17th day of October, 2013.

It is adjudged by consent and without admission of liability by any party herein that in full and final settlement of all disputes arising by all the parties hereto, the Company and GPMSB do jointly and severally:-

(1) pay to the Plaintiffs on or before 17th January 2014, the sum of Ringgit One Million and Eight Hundred Thousand (RM1,800,000-00) only by way of
bankers chequein the name of the Plaintiff’s Solicitors, Najiana Wan Balbir;

(2) On or before 17 April 2014, undertake to deliver to the Plaintiff’s solicitors:

(a) the issue Document of Title HSD222956, PT No. 8650,Pekan Baru Sungai Buloh Daerah Petaling,; andHSD No 222958 PT No. 8652 Pekan Baru
Sungai Buloh; free from all encumbrance and with vacant possession;
(b) together with the consent to transfer from the state authority;
(c) and the Memorandum of Transfer duly executed in the name of the 1st Plaintiff or the nominee duly nominated by her if she so wishes to nominate
such a party with the stamp duty paid;
(d) And the quit rent and assessment receipts all duly paid up to date; and
(e) all requisite documents required to register the Property’s transfer.

Viewnet Computer System Sdn. Bhd.


Viewnet Computer System Sdn. Bhd. was founded in 1999 by Mr. Simon Pang.

Over the years, Viewnet having originated from a single standalone store to more than 6 stores nationwide, and growing strong with its new IT Hyperstore concept, named “ THE HUB ” . Viewnet positioning and philosophy of business has quantum leap its businesses accommodate the ever changing markets and beyond.

To date, Viewnet Computer System Sdn. Bhd. has become one of the leading IT store in Malaysia. We offers wider range of IT products such as
hardware, genuine software, printers, LCD monitor, networking, accessories etc.

Over the past years, Viewnet Computer System Sdn. Bhd. has been the honored recipient of numerous awards and recognitions from international
brands such as Intel,Samsung, LG, Viewsonic, Seagate, Western Digital etc.

Viewnet Computer System Sdn. Bhd. always improve and providing high standard of service to their customers.

http://www.viewnet.com.my/about.html

hi all,,,

old story but rebound back with.... Zte


China's ZTESC appoints TMS as partner

http://www.thestar.com.my/Business/Business-News/2013/10/04/ZTESC-appoints-TMS-as-partner-China-company-seeks-potential-project-opportunities-in-Malaysia/


PETALING JAYA: The Media Shoppe Bhd (TMS) has been appointed by China’s ZTE Supply Chain Co Ltd (ZTESC) as a strategic partner to source for potential project opportunities in Malaysia, especially in the Iskandar region.

In a statement yesterday, the Internet-based applications and solutions provider said a signing ceremony had been held between TMS chief executive officer Christopher Chan and ZTESC general manager Tang Hong Shun towards this end.

This confirms StarBiz’s story on Sept 23.

“This strategic partnership with ZTESC allows TMS to evolve from being a traditional information and communications technology (ICT) services provider to moving up the value chain.

“Whilst still maintaining our traditional business operations, we are able to tap our experience and familiarity in executing and implementing government-related projects to create a new source of income for the TMS group,” Chan said in the statement.

ZTESC is a unit of China’s telecommunications giant ZTE Corp, which specialises in global integrated supply chain services.

Under the terms of the agreement, TMS, via subsidiary NuOne Sdn Bhd, will identify companies with projects or concessions seeking project financing as potential opportunities for ZTESC to finance and participate in the growth of Malaysian infrastructure.

The initial phase of the partnership would focus on companies planning to embark on ICT projects, especially in Iskandar, TMS said.

Chan said NuOne was already in the midst of assessing a few potential projects and was also considering partnering another foreign technology innovator in submitting a proposal “to make the Iskandar region a secured and smart city.”

TMS said as a leading global supply chain service provider, Shenzhen-based ZTESC was keen to participate and contribute to the growth and development of infrastructure and projects in developing countries.

In order to do this, ZTESC has amassed a strong financial footing. For example, in 2010, ZTE’s supply chain platform undertook 100 billion yuan (RM52bil) of global sourcing and sales delivery, delivering 90 million sets of mobile devices to the overseas market.

In its 26 years of experience in supply chain management, ZTESC has accomplished global reliance and recognition to provide integrated solutions of procurement, manufacture, logistics and distribution, which outstands its global experience of network operation, resource integration, and research and development prominence.

Currently, the ZTE group has a presence in the Malaysian market, with DiGi.Com Bhd being one of its major clients for network solutions. It has also teamed up with a local firm to sell telco devices in Malaysia.

The TMS stock is up 3% since Sept 23, climbing to as high as 20.5 sen. It closed yesterday at 16 sen on a volume of some 21.7 million shares.

Last year, the bilateral trade volume between China and Malaysia reached US$94.8bil (RM305.97bil), making Malaysia China’s top trading partner among the Asean coun­­­­­­­­tries for the fifth consecutive year.

JOHOR BARU: Several international oil and gas consortiums have shown deep interest to invest in the Pengerang Integrated Petroleum Complex (PIPC) project, said Johor Petroleum Development Corporation Bhd (JPDC).

JPDC chief executive Mohd Yazid Jaafar said the corporation is in the midst of pitching to several potential investors for them to be part of the multi-billion oil and gas project.

http://www.thesundaily.my/news/1033207

OTHERS AT SYSTEMATIZATION BERHAD (“AT” OR THE “COMPANY”) SHAREHOLDERS’ AGREEMENT BETWEEN AT SYSTEMATIZATION BERHAD (“AT”) AND ASIA BIOENERGY TECHNOLOGIES BERHAD (“ASIABIO”) IN RELATION TO THE SET UP OF BIOMASS PROCESSING TECHNOLOGIES BUSINESS UNIT VIA YELLOW CHOICE SDN. BHD. ("YC")


http://www.bursamalaysia.com/market/listed-companies/company-announcements/1457349

Petronas, local consortium to embark on Pengerang water supply project


Posted on 5 May 2014 - 05:38am
sunbiz@thesundaily.com
Print
PETALING JAYA: Petroliam Nasional Bhd's (Petronas) subsidiary PRPC Water Sdn Bhd has inked a procurement, construction and commissioning contract with a local consortium for the development of a raw water supply project in Johor known as "Pamer".

The consortium of Asia Baru Construction Sdn Bhd and Putra Perdana Construction Sdn Bhd will build raw water supply facilities to support the raw water needs of Petronas' Refinery and Petrochemical Integrated Development (Rapid) project and other facilities within Petronas' Pengerang Integrated Complex (PIC), Petronas said in a statement last Friday.

This is the first major contract awarded for a project related to the PIC development after Petronas announced the final investment decision on Rapid on April 3.

As a key supporting infrastructure project, PAMER has a fast track schedule of 23 months for completion.

"It is important to ensure that the raw water supply facilities be commissioned by early 2016 to allow other facilities in the PIC to be operational as scheduled," said PRPC Water director Juniwati Rahmat Hussin.

Under the contract, the consortium will build an intake pump station at Sungai Sedili Besar, a terminal reservoir at Bukit Panjang, a dam, a water impoundment reservoir and booster pump station at Sungai Seluyut as well as 88 kilometres of water pipeline.

Pamer will supply 260 million litres of water per day (mld) to the PIC, with 30 mld channeled for public consumption.

The project will also supply water to the larger Pengerang Integrated Petroleum Complex promoted by the Johor state government.

Putra Perdana Construction executive chairman Datuk Rosman Abdullah said the consortium looks forward to working closely with PRPC Water, Petronas, the Johor state government, various government departments and agencies and with the local communities to implement this project successfully.

" We will also endeavour to optimise the direct and indirect economic impact and spin off of this project to benefit the local communities in Johor," he added.

Petronas' PIC, being developed within a 2,526.05 ha site, will house Rapid with a 300,000 bpd refinery and a petrochemical complex that has a combined production capacity of 7.7 mtpa of various grades of products including differentiated and specialty chemicals such as synthetic rubbers and high grade polymers.

The PIC will also see the development of a host of associated facilities including power co-generation plant, LNG regasification terminal and other ancillary facilities.

Rapid is estimated to cost about US$16 billion while the associated facilities in PIC will involve an investment of about US$11 billion. The entire PIC is expected to be ready for start-up by first quarter of 2019.

hi kingleecha...

wat the funny in counter....

Petronas, local consortium to embark on Pengerang water supply project


PETALING JAYA: Petroliam Nasional Bhd's (Petronas) subsidiary PRPC Water Sdn Bhd has inked a procurement, construction and commissioning contract with a local consortium for the development of a raw water supply project in Johor known as "Pamer".

The consortium of Asia Baru Construction Sdn Bhd and Putra Perdana Construction Sdn Bhd will build raw water supply facilities to support the raw water needs of Petronas' Refinery and Petrochemical Integrated Development (Rapid) project and other facilities within Petronas' Pengerang Integrated Complex (PIC), Petronas said in a statement last Friday.

This is the first major contract awarded for a project related to the PIC development after Petronas announced the final investment decision on Rapid on April 3.

As a key supporting infrastructure project, PAMER has a fast track schedule of 23 months for completion.

"It is important to ensure that the raw water supply facilities be commissioned by early 2016 to allow other facilities in the PIC to be operational as scheduled," said PRPC Water director Juniwati Rahmat Hussin.

Under the contract, the consortium will build an intake pump station at Sungai Sedili Besar, a terminal reservoir at Bukit Panjang, a dam, a water impoundment reservoir and booster pump station at Sungai Seluyut as well as 88 kilometres of water pipeline.

Pamer will supply 260 million litres of water per day (mld) to the PIC, with 30 mld channeled for public consumption.

The project will also supply water to the larger Pengerang Integrated Petroleum Complex promoted by the Johor state government.

Putra Perdana Construction executive chairman Datuk Rosman Abdullah said the consortium looks forward to working closely with PRPC Water, Petronas, the Johor state government, various government departments and agencies and with the local communities to implement this project successfully.

" We will also endeavour to optimise the direct and indirect economic impact and spin off of this project to benefit the local communities in Johor," he added.

Petronas' PIC, being developed within a 2,526.05 ha site, will house Rapid with a 300,000 bpd refinery and a petrochemical complex that has a combined production capacity of 7.7 mtpa of various grades of products including differentiated and specialty chemicals such as synthetic rubbers and high grade polymers.

The PIC will also see the development of a host of associated facilities including power co-generation plant, LNG regasification terminal and other ancillary facilities.

Rapid is estimated to cost about US$16 billion while the associated facilities in PIC will involve an investment of about US$11 billion. The entire PIC is expected to be ready for start-up by first quarter of 2019.

http://www.thesundaily.my/news/1036067

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1610453

q4 report on 30/04/2014

atleast i post some news

not like someone talking not relevant story.. titanic ship

tis news not too old on 26/04/2014 just 6 days story...

if now i post any news... before price up....

a lot people said cut n paste...

just wait...

tis news just a part biodisel ...

later i will post very very good story about tis company....

However, Unnithan claims that not all of the MBA members are getting consistent orders from the petroleum companies which participate in the B5 programme. In fact, only eight to 10 members are getting orders from companies such as Petronas, Shell Malaysia, Petron, Boustead Petroleum and Chevron Malaysia.

Unnithan says this could be due to the on-going due diligence process being carried out by the petroleum companies on the respective biodiesel producers prior to their PME being verified as fit for use in the in-line blending facilities at their respective depots/terminals.

“Normally the due diligence process will take about two to three months to complete as the export track record, quality, capacity, ISO system of quality, etc, will need to be carefully vetted,” he explains.

Unnithan says Malaysia exported about 175,000 tonnes of biodiesel last year which is quite a reasonable volume compared to 2012 figures.

However, he says biodiesel export for this year is still vague as the biodiesel discount export parity to diesel fuel may not be so good given the price of CPO is currently seen rising to above RM2,600 per tonne.

In another development, Unnithan concurs that there is a trend among cash rich plantation companies lately to acquire “idle” biodiesel plants in Malaysia.

“I believe the Government’s latest commitment in its biodiesel mandates is seen as an attractive investment venture for oil palm planters which already have the main feedstock for the production of PME.

“Therefore, I will not be surprised more such acquisitions will take place this year as plantation companies are finally beginning to realise that biodiesel can provide a safe avenue and act as a good buffer to support the CPO price in case of oversupply,” says Unnithan.

All it needs is a strong government mandate and incentives to support the domestic biodiesel programme, similar to the biofuel mandates undertaken by the US, Europe, Brazil, Argentina and Indonesia, he adds.

http://www.thestar.com.my/Business/Business-News/2014/04/26/B5-goes-nationwide/?utm_source=rss&utm_medium=rss&utm_campaign=palm-oil-biodiesel-programme-to-cover-all-of-malaysia-by-july

MALAYSIA’s B5 biodiesel programme will be fully implemented nationwide this July – three years after the initial phase launch in the central region in the Peninsula.

The B5 biodiesel is a blend of 5% palm oil or palm methyl ester (PME) and diesel. For this palm biodiesel initiative, the PME requirement for the entire B5 programme is estimated at 500,000 tonnes per year to support both the subsidised and non-subsidised sectors in the country.

This initiative is also envisaged to effectively reduce domestic palm oil inventory to below one million tonnes, and provide a floor price to support CPO prices at RM2,000 per tonne, says Malaysian Palm Oil Board (MPOB) senior research officer Yung Chee Liang at a recent palm oil conference.

The B5 implementation was launched in phases, starting with the central region (Putrajaya, Kuala Lumpur Selangor, Selangor and Malacca) between June and November 2011. Next was the southern region (Johor) in July last year, followed by the northern region (Perlis, Kedah, Penang and Perak) in October, the eastern region (Kelantan, Pahang and Trengganu) in January, and finally, Sarawak, Sabah and Labuan this July to complete full national coverage.

Meanwhile, the B5 programme has been fully implemented among the subsidised sectors such as retail stations, fleetcard, skid tanks and fisheries in the central region since Feb 15, 2012.

As at November last year, some 35 depots nationwide with in-line blending facilities had been set up by the Government together with participating petroleum companies, namely Petronas Dagangan Bhd, Shell Malaysia Trading, Petron (formerly Esso Malaysia Bhd), Boustead Petroleum Marketing and Chevron Malaysia Ltd.

Yung says there is a need to install more in-line blending facilities at another 26 depots for the full implementation of B5 nationwide. There are currently over 1,500 retail stations in the central and southern regions selling the B5 biodiesel, he adds.

On pricing, Yung says further subsidy from the Government would be expected to ensure the price of B5 is similar to that of diesel.

Another issue to tackle is the need to finance the construction of in-line blending facilities for petroleum companies.

For full implementation of B5, Yung expects an estimated RM300mil for in-line blending facilities for 35 petroleum depots or terminals, while additional subsidies may be required when the main PME feedstock – crude palm oil (CPO) – price is higher than that of diesel.

At the same time, it is important for on time completion of the blending facilities, as well as to iron out the challenges of logistics and supply in Sabah and Sarawak.

B7, B10 and B20

The Government is also considering the introduction of a higher biodiesel blend B7 in the near term and studying the prospects of the B10 and B20 biodiesel programmes.

Yung says the action plans for B7 and B10 would include experts’ consultation, revision of Malaysian Standards (MS), engine warranty issue and full implementation.

For B10, the revision of MS will include the diesel fuel blending up to 10% of PME which is in accordance with the Euro 2M specifications. To this end, MPOB will need to carry out a consumer study, material compatibility test, quality test of B10 and testing of engine components.

In the works right now are the Palm Biodiesel Incentive Scheme, B10 and B20 trial projects on MPOB vehicles, B10 on Peugeot cars and B10 on Alam Flora vehicles.

MPOB is also looking into B10 to be tested on KL City Hall vehicles, the fishery sector, defence and military vehicles, B10 for KTM trains and for burning of olein at Tenaga Nasional Bhd’s power generator plants, says Yung.

On PME supply, the Government has issued 60 biodiesel manufacturing licences with total annual capacity of 6.50 million tonnes as at September last year.

Yung points out that 21 biodiesel plants have been commissioned since 2006 with total production capacity of 2.96 million tonnes per year.

In January to September last year, there were only 12 biodiesel plants in operation with total annual capacity of 1.22 million tonnes.

Biodiesel orders

Malaysian Biodiesel Association (MBA) vice president U.R. Unnithan tells StarBizWeek that the Government biodiesel mandate on B5 and the strong possibilities of expanding the working perimeters to B7 and other higher biodiesel blends are positive developments for MBA members.

The MBA represents 22 local and foreign biodiesel manufacturers, which have invested over RM2.2bil in the country since 2008.

For Peninsular Malaysia alone, Unnithan says MBA expects the subsidised sector such as retail stations, fleet cards, skid tanks and fisheries to take up about 250,000 tonnes annually while the non-subsidised sector about 100,000 tonnes annually.

“With Sabah, Sarawak and Labuan being roped in by this July for the B5 programme, we foresee an additional 70,000 tonnes being taken up by the subsidised sector there while for the non-subsidised about 80,000 tonnes,” he adds.

hi jenny ...i think 0007 new ideal is ...to talk about aircraft ... after electrical car, titanic ship and now aircraft mh370...
hahaha...

u just wait n c....

good profit..maybe good return

AT Systematization Berhad announced unaudited earnings results for the third quarter and nine months ended November 30, 2013. For the quarter, the company’s revenue was MYR 5,900,000 compared to MYR 6,607,000 for the same period in 2012. The decline was mainly due to the closure of overseas operation unit. Operating loss was MYR 380,000 compared to operating profit was MYR 2,323,000 for the same period in 2012. Profit attributable to ordinary equity holders of the parent was MYR 69,000 or 0.04 cents per basic and diluted share compared to loss attributable to ordinary equity holders of the parent of MYR 2,693,000 or 1.40 cents per basic and diluted share for the same period in 2012. Profit before Tax was MYR 169,000 compared to loss before Tax of MYR 2,560,000 for the same period in 2012. For the nine months, the company’s revenue was MYR 17,619,000 compared to MYR 21,852,000 for the same period in 2012. Operating loss was MYR 490,000 compared to operating profit was MYR 5,141,000 for the same period in 2012. Loss attributable to ordinary equity holders of the parent was MYR 6,242,000 or 3.40 cents per basic and diluted share compared to MYR 387,000 or 0.23 cents per basic and diluted share for the same period in 2012. Loss before Tax was MYR 132,000 compared to MYR 5,863,000 for the same period in 2012. Net cash from operating activities was MYR 292,000 compared to net cash used in operating activities of MYR 4,159,000 for the same period in 2012. Purchase of property, plant and equipment was MYR 329,000 compared to MYR 404,000 for the same period in 2012.

very important is ....their q report coming soon..maybe today or tommorow..