Hi 0007,4u2c,kiter,kirak91....

u all same team... u all don't like biodiesel or tis counter...

as i n whole world know 99.99% car
running with petrol....what u talk about electrical car...

what we need do with 99.99% car running with petrol ...send to besi buruk... hahaha....

good joke from 0007...

for your information 95% company lorry in malaysia and in tis world running diesel to save cost that reason malaysia government implement biodiesel.... b5

petrol to save cost product is ngv gas...ngv is using by taxi and company car ...it was implement 20 years ago and success product

hi waiting for long term...
cool bro....

This is a small story about biodiesel.....


What is biodiesel?
Biodiesel is a renewable fuel derived from vegetable oil or animal fats that can be added to conventional diesel to create a blend or used on its own.

All of today’s diesel vehicles can use up to 5 percent biodiesel (“B5”), which is blended into conventional diesel under the specifications governing diesel fuel (ASTM specifications).

Many vehicles, especially trucks, are certified to use 20 percent biodiesel and 80 percent conventional diesel (“B20”). In the United States, the majority of biodiesel is made from soybean and other edible vegetable oils, although biodiesel made from used cooking oils, animal fats, and wastes is increasing rapidly.

Biodiesel is different than “renewable diesel,” a related product also made from fats and oils. Renewable diesel is processed with hydrogen to remove oxygen, resulting in a diesel or jet fuel substitute, and is commonly called a “drop-in fuel.”

Drop-in renewable diesel is essentially indistinguishable from conventional diesel or jet fuel and can be blended at almost any level, making it an attractive option for military or airline use.

Global warming and biodiesel: it depends
The global warming pollution created by biodiesel depends on how it is made and (especially) what it is made from.

Biodiesel made from waste materials or used cooking oil can cut global warming pollution by 80 to 90 percent relative to conventional diesel fuel.

Biodiesel made from unused cooking oil— soy, canola, or palm oil— is a less attractive option because it expands the global market for vegetable oil, a major driver of deforestation.

Unintended impacts of biodiesel
Production of biodiesel from sustainable low carbon sources like used cooking oil is an important and growing oil saving solution.

Unfortunately, policy-driven demand for biodiesel is exceeding the limited supply of low-carbon biodiesel sources, diverting vegetable oils from food markets and other uses.

Shifting these resources to biodiesel production creates a supply gap in food markets that’s then filled by palm oil—and that’s a problem. The production of palm oil destroys rainforests, causing severe social and environmental damage in Southeast Asia and the global climate.

The path forward: prioritize low-carbon biodiesel
Using biodiesel made from recovered waste streams is a smart way to help reduce our oil use. But increasing biodiesel production beyond the availability of these resources causes severe problems.

These problems can be avoided by federal and state policies that ensure biodiesel demand does not exceed the availability of low carbon biodiesel sources.

Otherwise we risk sourcing biodiesel from dirty sources, undermining the potential of biodiesel as an oil saving solution.


Biodiesel versus gasoline in cars and light trucks
For conscientious consumers who already own a diesel vehicle, filling up with biodiesel may reduce your overall global warming emissions, especially if your biodiesel supplier is focused on waste resources.

Keep in mind, however, that biodiesel and gasoline are not interchangeable fuels, and each carries their own advantages and disadvantages.

If you are purchasing a new vehicle, consider a hybrid or electric vehicle to save on fuel costs and minimize global warming pollution.

Very good example n Very good news another petroleum company...
just wait for ASIA BIOENERGY TECH BHD news by this july


SapuraKencana bags deals worth US$454m
Posted on 2 April 2014 - 05:37am
sunbiz@thesundaily.com
Print
PETALING JAYA: SapuraKencana Petroleum Bhd through its subsidiaries has secured a new contract and three contract extensions worth a total of US$454 million (RM1.48 billion).

In a filing to Bursa Malaysia, SapuraKencana said its unit incorporated in Singapore, SapuraKencana Drilling Pte Ltd, was awarded US$108 million contract by Congo-based Total E&P Congo (Total Congo) for the provision of its semi-tender assist drilling rig SKD Berani for one year with an option to extend for another year. The contract starts this month and ends in March 2015. Total Congo intends to use SKD Berani for its workover and development drilling campaign offshore Republic of Congo.

SapuraKencana's unit incorporated in Brunei, SapuraKencana Drilling Sdn Bhd, has accepted an extension to its contract with Brunei Shell Petroleum Co Sdn Bhd worth US$92 million for the provision of offshore drilling rig and services by its semi-tender assist drilling rig SKD Pelaut, whereby Brunei Shell will continue to use it for its development drilling campaign offshore Brunei.

The contract extension is for two years, starting in April 2015 and ending in March 2017.

SapuraKencana Drilling Asia Ltd, incorporated in Hong Kong, has won an extension to its contract with Cabinda Gulf Oil Co Ltd worth US$164 million for the provision of tender assist drilling rig SKD Setia.

The contract extension is for two years, from August 2014 until July 2016.

Meanwhile, SKD Asia accepted an extension to its contract with Chevron Thailand Exploration and Production Ltd worth US$90 million for the provision of the tender assist drilling rig SKD T-12, where it will continue to be used for Chevron Thailand's development drilling campaign in the Gulf of Thailand. The two-year extension is from March 2014 until the end of March 2016.

The new contract and contract extensions are expected to contribute positively to the earnings of SapuraKencana Group for the financial year ending Jan 31, 2015 and the relevant financial periods.

TM’s wireless move may face headwinds

Posted on 30 March 2014 - 09:49pm
Last updated on 31 March 2014 - 09:01am
Print

PETALING JAYA: Analysts are positive on Telekom Malaysia Bhd's (TM) move into the wireless segment over the longer term but said it may face short-term headwinds post completion from consolidating loss-making Packet One Networks (Malaysia) Sdn Bhd (P1).

"While we like TM's strategy to penetrate the wireless segment, riding on strong data demand, the crux lies in turning around loss-making P1 and execution of its LTE roll-out," it said in a report last Friday.

"Previously, we were concerned about the impact of 4G-LTE on TM's fixed-line internet and data business but now TM is taking the competition to the mobile space," the bank said.

"We view P1's enterprise value of RM750 million as fair, taking into consideration its spectrum bands, customers and base stations," it said.

Hong Leong Investment Bank, which maintained its neutral call on TM, is positive about the latest development, which demonstrates synergy while continuing to chart TM's long term roadmap.

However, it said P1's financial health will drag TM's earnings in the short term. It said the venture will be earnings accretive judging from wireless' EBITDA margin of 45% - 52% compared to fixed 30%-35%.

"P1's extensive nationwide fibre network provides TM the pre-requisite and platform to venture into mobile market," HLIB said, adding that this new income stream will compensate any future shortfall.

"Other potential impacts include accelerated depreciation of WiMAX infrastructure and user devices due to swift transition to LTE (negative) and tax benefits due to accumulated losses in P1 (positive)," it said.

Meanwhile, BIMB Securities Research said the consolidation of P1 is expected to reduce the consolidated earnings and earnings per share of TM in the short term but would not affect TM's dividend payout in the future. It believes that TM will be able to turnaround P1 in the longer term with its resources.

Kenanga Research said while it is neutral on the partnership, believed the market may have a negative knee-jerk reaction given that P1 is a loss-making company.

"However, we reckon it will only be fair to judge and gauge the financial impact after management unveils the details of P1's business plan in the coming months. The investment cost of TM's stakes in P1 appears to be at a premium, in our view, nevertheless; we believe value of P1 could be enhanced under TM leadership," it said.

PublicInvest Research maintained its neutral call on TM with a target price of RM5.70, while Kenanga Research reiterated its market perform call on TM with an unchanged target price of RM6.00. HLIB Research downgraded its rating to hold, maintaining a target price of RM6.05.

http://www.thesundaily.my/news/1001741

kiter .... malaysia government want start selling by this july .... just 3 month from now..

Use of B5 biodiesel in July

KUANTAN: The government will fully mandate the use of B5 (a blend of 5% palm oil biodiesel and 95% petroleum diesel) nationwide on July 1.

Plantation Industries and Commodities Minister Datuk Seri Douglas Uggah Embas said all 3,877 petrol stations in the country will be selling B5 from July 1, with national palm oil biodiesel consumption expected to rise to 500,000 tonnes a year.

The B5 programme, implemented in the Central Region encompassing Putrajaya, Melaka, Negeri Sembilan, Kuala Lumpur and Selangor on June 1, 2011, was expanded to the Southern Region covering Johor on July 22 last year.

http://www.thesundaily.my/news/990218

kiter ...wat is your advice sell now and buy later in price 0.045...

i just wait long term...

Hi kiter...

after ex for OR 14/04/14....i think the price will up 0.14 for mother

The Board of Directors of AsiaBio is pleased to announce that the Company has on 20 February 2014 entered into a Subscription Agreement with Nexfuel Limited (“Nexfuel”) for the subscription of 25,000 new ordinary shares of USD1.00 each representing 20% equity stake in Nexfuel for an aggregate cash consideration sum of USD200,000.00 (“Subscription”).
The Subscription was made in connection with the signing of a Plant Construction Agreement between Nexfuel and Cool Planet Energy Systems, Inc. (“Cool Planet”), a United States-based clean technology company with strong multinational companies investor base that includes BP, Google Ventures, Energy Technology Ventures (GE, ConocoPhillips, NRG Energy) and the Constellation division of Exelon, that secures Nexfuel the licensing rights to Cool Planet’s technology in the development of fuel production plants in Malaysia. Nexfuel is the first company to receive such licensing rights outside of the United States.
Under the terms of the Plant Construction Agreement, Nexfuel shall be responsible for securing funds, feedstocks, permits and approval required for the building of Cool Planet’s Green Gasoline plants in Malaysia with its identified partners. Nexfuel shall also have fabrication rights for certain sections of the plant. The plant is estimated to cost USD70 million (equivalent to approximately RM230.9 million) for the total production of 10 million gallons of Green Gasoline.

About Nexfuel

Nexfuel is a company incorporated in Labuan, Malaysia with a paid up share capital of USD100,000 comprising 100,000 ordinary shares of USD1.00 each and is involved in the provision of biomass processing and phytonutrients processing technologies. It is part of the AsiaBio Group. Nexfuel is a wholly owned subsidiary of Nexfuel Sdn Bhd, of which AsiaBio holds a 19% stake.

About Cool Planet

Cool Planet is a proprietor of a fuel processing technology that is able to convert non-food biomass into high-octane, dropin biofuels (gasoline). Cool Planet’s conversion process also produces a by-product called biochar, a solid material that is obtained through the carbonization of the biomass. Biochar, when blended with soil, has the unique ability to vastly improve plant harvests while reducing the amount of water and fertilizer needed. The process can be carbon negative, capable of removing over 100 percent of the carbon footprint for every gallon used, thus reversing the consequences of the use of fossil fuels.
Cool Planet’s technology has a broad portfolio of pending and granted patents.
The Subscription is not expected to have any material effect on the earnings per share of AsiaBio Group for the financial year ended 31 January 2014, share capital, major shareholders’ shareholdings, net assets per share, gearing and dividend policy of AsiaBio Group. Nonetheless, the Subscription is expected to contribute positively to the future earnings of the Company once the collaboration between Nexfuel and Cool Planet is fully in works.
There are no liabilities, including contingent liabilities or guarantees, expected to be assumed by AsiaBio from the Subscription.
None of the Directors and major shareholders of AsiaBio and person(s) connected to them have any direct or indirect interest in the Subscription.
The highest percentage ratio applicable to the Subscription pursuant to Rule 10.02(g) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad is 2.44%.
A copy of the Subscription Agreement is available for inspection at the office of AsiaBio during normal business hours from Monday to Friday (except public holidays) at A-3A09, Oasis Ara Damansara, No. 2, Jalan PJU 1A/7A, 47301 Petaling Jaya, Selangor Darul Ehsan, Malaysia for a period of three (3) months from the date of this announcement.
This announcement is dated 20 February 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1543453

KUALA LUMPUR, January 18, 2013: Asia Bioenergy Technologies Bhd has executed a joint venture (JV) agreement with Nexfuel Sdn Bhd to set up a special purpose vehicle, Hexa Bonanza Sdn Bhd, to develop a biomass compost pelletising business.

Asia Bioenergy, in a filing to Bursa Malaysia, said the company and Nexfuel would act as technology providers to Hexa, in which it will hold a 50.1 per cent equity interest while the latter will hold the rest.

It said the project is a green initiative as it aimed to convert biomass from oil palm logs into peeled lumber, using machines supplied by Nexfuel, which when combined with veneer can be used to produce block board panels for the building materials industry.

“With the JV project’s aim to convert palm trunk into usable products in the form of peeled lumber, the company hopes to effectively solve the problem of the pests for plantation companies whilst also providing the source for the block board industry,” Asia Bioenergy said.

Meanwhile, in a separate filing, Asia Bioenergy has signed a share sale agreement with Lim Hai Teng and Lim Cheow Chuen to dispose of 28 per cent equity stake, comprising 84,000 ordinary shares of eCompazz IT Sdn Bhd for RM6 million.

It said the company decided to divest its stake in eCompazz as the latter no longer falls in its investment focus.

Furthermore, it said the business of eCompazz has entered into a mature stage and thus growth over the future is seen to be challenging.

don't sell your right ....right now
long term u can see return...

Very good example Petroleum company with good profit....

SapuraKencana net profit up 172%
PETALING JAYA: SapuraKencana Petroleum Bhd, saw its net profit jump almost tripled to RM337.23 million in the fourth quarter of financial year ended Jan31, 2014 (Q4 FY14), up from RM123.89 million a year ago, thanks to contributions from its newly-acquired tender rig business from Norway's Seadrill last year.

Revenue fell by 3.7% to RM1.88 billion in Q4 FY14, from RM1.96 billion a year before, primarily due to lower revenue recognised on its Domgas project which is reaching completion.

In a filing with Bursa Malaysia yesterday, SapuraKencana said the lower revenue was offset by higher contribution from its tender rig business it bought in April 30, 2013.

SapuraKencana, one of the world's largest integrated oil and gas services provider, also saw its full year profit doubled to RM1.09 billion, from RM524.6 million a year ago.

The group's revenue increased by 21.2% to RM8.38 billion, from RM6.91 billion, primarily due to the inclusion of the nine months of the tender rig business' financial results.

On its prospect, SapuraKencana said "The group's earnings are expected to grow, as going forward it would reflect the full year contribution of the tender rigs business, additional earnings from the acquired assets of Newfield Malaysia, revenue streams from both currently contracted assets as well as assets which will be deployed in new markets.

Given a healthy order book of RM25.4 billion and good earnings visibility, the Group said it remains well positioned to benefit from committed outlay in the upstream sector.

http://www.thesundaily.my/news/996599

http://wwwen.zte.com.cn/endata/magazine/ztetechnologies/2012/no6/articles/201211/t20121121_370650.html

How can an operator deploy an LTE overlay network using the BeamHop solution? ZTE’s LTE A8808 AAS consists of both active and passive antennas. The passive part supports existing GSM and UMTS networks (1800−2100 MHz), and the active part is used for the newly added LTE network (2.6 GHz). When an LTE overlay is deployed on the 2G/3G base station site, the passive part of the AAS can replace the original 2G/3G antenna. The AAS is installed in the same way as the original antenna. 2G/3G RRU is connected to the passive antenna interface, and the connection of antenna feeder remains unchanged. A new LTE overlay network is deployed using the active part of the AAS, and the common public radio interface (CPRI) of the AAS is connected to the BBU’s LTE CPRI. The DC power input interface of the AAS is connected to the power cabinet through the power cable (Fig. 2).

The Board of Directors of TMS is pleased to announce that the Company has on 3 October 2013 entered into an Agreement for Appointment (“the Agreement”) with ZTE Supply Chain Co., Ltd. (Company no. 440301105436824) having its registered office at Unit A, 4/F, West Logistics Centre, 88# Linhai Rd., Nanshan District, Shenzhen, China (“ZTESC”).


http://www.bursamalaysia.com/market/listed-companies/company-announcements/1426357

Tm want use ZTE 4G (LTE) mirocware antenna..
later we have good news.....

KUALA LUMPUR: Telekom Malaysia Bhd (TM) will fork out RM350 million via the subscription of new shares for a 57% stake in Packet One Networks (Malaysia) Sdn Bhd (P1), paving the way for the latter into the wireless broadband field.

TM will also invest up to RM210 million into Green Packet Bhd via newly issued redeemable exchangeable bonds, which may be exchangeable into Green Packet's stake in P1 in the future.

As part of an investment agreement Green Packet and South Korea's SK Telecom Co. Ltd (SKT) will remain as key strategic shareholders of P1.

The pact will see the parties collaborate on developing next-generation Long Term Evolution (LTE) infrastructure.

"The partnership provides an LTE-ready platform for us to more efficiently roll out wireless broadband products and accelerate time-to-market for our customers," TM group CEO Tan Sri Zamzamzairani Mohd Isa told reporters at the signing ceremony yesterday.
P1 is a WiMAX provider with 2,000 base stations covering 50% of the population and over 500,000 subscribers. It owns spectrum in the 2.3GHz and 2.6GHz bands.

TM expects the exercise to be completed in the next few would see the parties involved jointly creating value for the future business of P1.

He said the first tranche of RM350 million will ploughed back into P1 to develop the high speed internet network infrastructure provider business plan going forward.

He added that in the future, there will be a RM1.65 billion joint investment over the next three to five years.

Green Packet group managing director and group CEO Puan Chan Cheong said tri-party pack was for P1's long-term business plan.

"Definitely with the new spectrum that we have on 2.6GHz we're definitely going to build the LTE network while still maintaining and operating the WiMAX network on 2.3GHz because we have the whole spectrum that can support the best of the two 4G standards together," said

"Over time, as we are slowly migrating the subscribers from WiMAX, we will anticipate probably in three to five years time we'll use both 2.6GHz and 2.3GHz spectrum all for the LTE network to deliver a bigger capacity for our subscribers," he added.

He said the joint business plan will look at meeting all future investments and financial needs of the company, including addressing its debt level which was at RM400 million as of 2013.

http://www.thesundaily.my/news/1000347

just wait until july 2014 we can see their profit....just 3month...

Very good to time buy their right and get their free warrants...

Hi all ,,

We have good news in ASIA BIOENERGY TECH BHD.....

Use of B5 biodiesel in July

KUANTAN: The government will fully mandate the use of B5 (a blend of 5% palm oil biodiesel and 95% petroleum diesel) nationwide on July 1.

Plantation Industries and Commodities Minister Datuk Seri Douglas Uggah Embas said all 3,877 petrol stations in the country will be selling B5 from July 1, with national palm oil biodiesel consumption expected to rise to 500,000 tonnes a year.

The B5 programme, implemented in the Central Region encompassing Putrajaya, Melaka, Negeri Sembilan, Kuala Lumpur and Selangor on June 1, 2011, was expanded to the Southern Region covering Johor on July 22 last year.

Annual consumption of palm oil biodiesel in the two regions' 1,565 petrol kiosks is 150,000 tonnes.

"The programme was later extended to the Eastern Region comprising Pahang, Terengganu and Kelantan in February, raising annual consumption of palm oil biodiesel by 34,938 tonnes and reducing annual diesel consumption by 40.4 million litres," he said.

Speaking to reporters at the launch of palm oil biodiesel in the Eastern and Northern Regions and in Peninsular Malaysia, Pahang Menteri Besar Datuk Seri Adnan Yaakob said yesterday, all 789 petrol stations in the Northern Region covering Perak, Kedah, Perlis and Penang will implement the mandate this month.

"The final phase of the B5 programme will be implemented in Sabah, Sarawak and Federal Territory of Labuan in July," he said.
In his speech, he said 175,032 tonnes of biodiesel valued at RM502.61 million were exported last year, a sharp rise from 28,983 tonnes worth RM98.44 million the preceding year, with the main markets being the European Union and China.

The government will mandate the use of B7 (a blend of 7% palm oil biodiesel and 93% petroleum diesel) by January 2015, and is getting feedback from interested parties including Japan Automobile Manufacturers Association (JAMA), Malaysian Automotive Association (MAA), vehicle manufacturers, SIRIM Technical Committe and Malaysian Biodiesel Associatioan (MBA), he added. – Bernama

http://www.thesundaily.my/news/990218

we good news in tms about zte 4G....

http://klse.i3investor.com/servlets/ptres/22154.jsp

tp..... 0.81 by kenanga

KUALA LUMPUR: REDTone International Bhd’s second quarter ended May, 2014’s net profit rose 52% to RM6.04mil from RM3.97mil a year ago from higher data revenue and gains from selling 35% in REDTone Mobile Sdn Bhd.

In a filing to Bursa Malaysia on Monday, the group posted a 14.1% rise in revenue to RM30.45mil from RM26.68mil a year ago due to the increase in data revenue.

Its earnings per share stood at 1.20 sen from 0.84 sen previously.

For its first half year, the group’s net profit rose 62% to RM9.69mil from RM5.98mil a year ago while revenue was up 16% to RM66.564 from RM57.35 previously.

Moving forward, the group expects its data and broadband services to be the major contributor to its profit for 2014, while the voice business segment will continue to be the group’s cash cow.

The group's profit will be strengthened by collaboration with Maxis Broadband Sdn Bhd on its Network Sharing and Alliance Agreement and is expected to contribute positively to the group's earnings for the next 10 years.

“Its collaboration with Telekom Malaysia on its High-Speed Broadband services is also expected to yield positive results,” it said.

Malaysian broadband services provider Redtone International said net profit soared 52 percent year-on-year to MYR 6.04 million in its second quarter to 30 November, boosted by higher data revenue and the sale of its 35 percent stake in Redtone Mobile. The provider reported revenues up 14.1 percent to MYR 30.45 million, with earnings per share at 1.20 sen from 0.84. The company said data and broadband services, which includes the group's Wi-Fi hotspots, are expected to be the main contributor again to full year 2014, while the voice business segment will continue to be the group's "cash cow." Profit this year will also get a push from Redtone's network sharing and alliance agreement with Maxis Broadband. This is expected to contribute positively to the group's earnings for the next ten years.

good profit....

http://www.telecompaper.com/news/redtone-profit-soars-52-to-myr-6-mln--994939

last 2 week i buy small unit in 0.085,0.08
later if go down 0.07 or 0.06 i will buy also...
right now i just collect ...

this company make lost pass 3 years... but don't have legal case until today... safe to buy...

if they make lost buy more ...if they make profit sell all...
very easy right....

they collect rm 42mil from us...
what will they do with that money?
answer is: they will invest in the company and get return back... maybe profit or lost...
just wait for few month and c....

just focus for free warrants

Hi alan123 n 007,

don't fight for the price later all can get tis share in tis price 0.085 n 0.08...

don't think for short term but long term...

good investment for long term.....

at last Company Announcements is come out about FREE WARRANTS

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1565573

hi zunanzain....

Tiger is "NOT" profitable company since many years......If they get small profit they not share with shareholders like last years....they get rm2mil profit after tax n rm 13 mil profit before tax last years...
pls check annual report....
http://klse.i3investor.com/servlets/staticfile/231431.jsp

wingz don't so sad i think the price u buy is ok...
later 4-8 month after right n free war given price wil go up

hi wingz,

just wait for low..low price ....maybe 0.08 or 0.075

hi sengkee....

At tis moment don't think price go up...
just buy their share and later buy their right share and get their free warrant...
sell their share wen good news or wen the company making profit....
don't go for short term....

if big fish very strong let them sell now in 0.085 or 0.08
i waiting and q at that price with big vol.....

if u want sell can but don't enter back to tis counter wen price go up...
bcos u be lost now and later also...
just keep or think for long term

hi amywo,

y bursa post this unusual market activity news very later on 5/3/14...
pls think more deep....y they not post around 25/2 wen price is going from 0.18- 0.11
they try to make panic right...

Hi tekken,

i agree wit your advice....
Goldman Sachs Sells Stake In Asia Bioenergy Techologies Bhd but the news we get on 5/3/14 but they already sent to bursa on 3/3/2013....
Pls check at bursa web site in date of notice
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1558353

let the price down as low as can....
Later buyback before ex date...
Good advise don't sell just keep until ex date bcos u sell now later big fish buy and sell in high price to us...

just monitor this counter

hi 0007...

very good tp for today

i waiting for 0.08-0.085 since last year... if go down that price i will support ....

very good time to buyback their share....

I think their Q3 report very good that is reason price going up back...
Or new director start buy some share....


http://www.bursamalaysia.com/market/listed-companies/company-announcements/1542009

next round ...will b before annual report

Hi all ,

They have legal case need to settle by april.......

36. MATERIAL LITIGATION

(a) A legal action was initiated against Minply Industries (M) Sdn Bhd, a wholly owned
subsidiary of the Company by Sunliq Sdn. Bhd. for the breached Terms pursuant to
a Letter of Offer dated 16th March 2011. The case currently seeking Summary
Judgement pursuant to Order 26A of the Subordinate Courts Act 1980 that the
Defendant pay to the Plaintiff the sum RM81,132/- at the rate of 8% from the date
of the Summons till date of judgement thereof.

The Court has allowed the Plaintiff’s application for summary judgement and the
said amount has been fully settled during the financial period.

(b) A legal action was initiated by Tang Yit Fun and Tang Yit Peng (“the Plaintiffs”)
against Tiger Synergy Berhad (“the Company”), Goldenier Property Management
Sdn. Bhd (“GPM SB”), Janavista Sdn. Bhd, Tan Wei Lian and Tan Lee Chin (“the
Defendants”) for a sum of RM4,575,000 and specific performance and damages for
breach of contract. This case was fixed for hearing before the Honourable Judge
Tuan Vazeer Alam Bin Mydin Meera on the 16th and 17th of October, 2013.

Consent Judgement was entered without liability. The Company and GPMSB are
both jointly and severally liable to the Plaintiffs for the payment of RM1.8 million
and the delivery of two units of properties with the title no. HSD222956, PT No.
8650 and HSD No 222958 PT No. 8652 (“the Properties”). In the event the
Company and GPMSB are unable to deliver the Properties, the Company and
GPMSB shall pay an amount of RM3.2 million to the Plaintiff. Other terms of
settlement were stated in the Company’s announcement to Bursa Malaysia
Securities Berhad on 21st October 2013.


Pls check in page 122

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1482661

i think later have good news about redtone tele medical...

i still waiting some news about redtone data center and redtone tele medical...

hi pslkf,

very good time to buy back their share before april...
now already mid feb still have 1.5 month....

hi kaca mata....

tis company making lost for many years after dato take over frm his father and have legal case until 17/04/2014...

if go below 0.12 can buy around 0.09,0.08,0.10..

i think their q3 report is comong soon...