-----Malaysian/Bumis making headline for all the wrong reasons-----

------can't our incompetent foreign affairs dept advise staff properly?----

Malaysian couple in Stockholm jailed for hitting children
PUBLISHED : Saturday, 29 March, 2014, 1:31am
UPDATED : Saturday, 29 March, 2014, 1:31am

Azizul Awalludin (centre), 38, and his wife Shalwati Norshal, 46, were sentenced by a Stockholm court to 10 and 14 months respectively for beating their children, aged seven to 14, over a three-year period with a bamboo stick, a clothes hanger and their hands. Photo: AFP

A Malaysian couple were jailed yesterday by a Stockholm court for beating their children in a case that has shocked Sweden, and raised questions about how it informs foreign parents about its smacking ban.

Azizul Awalludin, 38, and his wife Shalwati Norshal, 46, were sentenced to 10 and 14 months respectively for hitting their four children - aged seven to 14 - with a bamboo stick, a clothes hanger and their hands. They denied the charges.

But the court rejected the defence's claim that the oldest child had made up the three years of abuse. "That the children could conspire and agree together to put forward a false picture of domestic violence appears to be highly unlikely," the court said, adding that the children had been reluctant to give evidence.

The couple - in Sweden on an assignment for Tourism Malaysia but without diplomatic immunity - have been held on remand since December, when staff at the children's school reported suspicions of abuse to social services.

The case has shocked child rights observers in Sweden - which was the world's first country to ban corporal punishment of children in 1979 - and sparked outrage in the couple's home country, where hitting children is not a criminal offence.

"These cases are so extremely rare in Sweden today. This is much more severe than what we're used to," child abuse analyst Staffan Janson said.

"They may not have known [about the ban], though they may have thought that they had some kind of immunity."

But some have questioned whether Sweden is doing enough to inform newcomers of the law, as foreign-born parents are over-represented in official statistics on child assault.

Janson said smacking was more common among foreign-born parents when they first arrived, but it usually tapered off as they integrated into Sweden.

------don't beat-up/abuse your kids m'kay--------

you can't blame anyone but yourself for dumb decisions mate. no one is holding a gun to your head. take some responsibility and grow up.

March 28, 2014
Company announcements: MARCO
MARCO - MARCO-EXERCISE OF 8,542,800 WARRANTS 2004/2014 ("EXERCISE")

Announcement Type: Listing Circular
Company Name MARCO HOLDINGS BERHAD
Stock Name MARCO
Date Announced 28 Mar 2014
Category Listing Circular
Reference No ZA-140328-50409

LISTING'S CIRCULAR NO. L/Q : 70185 OF 2014
Kindly be advised that the abovementioned Company’s additional 8,542,800 new ordinary shares of RM0.10 each arising from the aforesaid Exercise will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 1 April 2014.

Chinese online travel agencies ban Malaysia Airlines ticket sales
Friday, 28 March, 2014, 2:48pm
News›China Insider
Flight MH370
Amy Li chunxiao.li@scmp.com

Popular anger in China against Malaysia's perceived mishandling of the MH370 crisis continues to boil, as several top online travel agencies announced boycotts against Malaysia Airlines until it "gets to the bottom of the truth on Flight MH370.”

Agencies including eLong, LY.com, Qunar, and Mango, which are among the largest online ticket and travel vendors, said they had banned sales of Malaysia Airlines' tickets due to public anger against the carrier and the Malaysian government.

However, Ctrip.com, the country's largest online travel agency, had not put a similar ban in place as of Friday "due to objections raised by the sales department," one Ctrip employee told the South China Morning Post on the condition of anonymity.

“We will continue the ban indefinitely until the Malaysian government and Malaysia Airlines release every piece of information they have in order to find out the truth about the missing flight as soon as possible, ” reads a statement eLong published on its official Weibo page.

Two passengers on the missing fight MH370 had booked their tickets via eLong, the agency said in its statement, and it would offer each family 100,000 yuan (HK$125,873) in compensation..

In its online statement LY.com said it would offer a full refund to clients wishing to cancel bookings of the airline's tickets and would carry on the ban until the company “sorts out the truth and offers a satisfactory explanation to all the victims and the Chinese people”.

The announcements seemed to have pleased some net users. The eLong statement had received over 7,000 comments and more than 10,000 reposts as of Friday.

“eLong has proved it has a conscience, and I will book from them in the future,” read a comment by one microblogger. Others said they were displeased by the fact that Ctrip didn’t join its competitors in banning MAS ticket sales.

“I am not using Ctrip to book my tickets anymore,” wrote another microblogger who criticised the company for not showing the same support as its competitors.

Ctrip, Qunar and LY.com ranked among the top three most influential online travel agencies in China, according to a 2013 research [2] conducted by China IT Research Centre.

As of the third quarter of 2013, Ctrip represented 48.9 per cent of the total sales of China’s online travelling booking, while eLong and LY.com represented 9.5 per cent and 6.3 per cent of the market share respectively, according to a research released by iResearch, a market research firm in China.

Amid growing calls on China's social media to boycott Malaysian tourism and products this week, some bloggers and columnists have warned against stoking further tension between the two countries and urged for calm and help for the passengers' families.

-----------just keeps getting better

Chinese online travel agencies ban Malaysia Airlines ticket sales
Friday, 28 March, 2014, 2:48pm
News›China Insider
Flight MH370
Amy Li chunxiao.li@scmp.com

Popular anger in China against Malaysia's perceived mishandling of the MH370 crisis continues to boil, as several top online travel agencies announced boycotts against Malaysia Airlines until it "gets to the bottom of the truth on Flight MH370.”

Agencies including eLong, LY.com, Qunar, and Mango, which are among the largest online ticket and travel vendors, said they had banned sales of Malaysia Airlines' tickets due to public anger against the carrier and the Malaysian government.

However, Ctrip.com, the country's largest online travel agency, had not put a similar ban in place as of Friday "due to objections raised by the sales department," one Ctrip employee told the South China Morning Post on the condition of anonymity.

[1]

“We will continue the ban indefinitely until the Malaysian government and Malaysia Airlines release every piece of information they have in order to find out the truth about the missing flight as soon as possible, ” reads a statement eLong published on its official Weibo page.

Two passengers on the missing fight MH370 had booked their tickets via eLong, the agency said in its statement, and it would offer each family 100,000 yuan (HK$125,873) in compensation..

In its online statement LY.com said it would offer a full refund to clients wishing to cancel bookings of the airline's tickets and would carry on the ban until the company “sorts out the truth and offers a satisfactory explanation to all the victims and the Chinese people”.

The announcements seemed to have pleased some net users. The eLong statement had received over 7,000 comments and more than 10,000 reposts as of Friday.

“eLong has proved it has a conscience, and I will book from them in the future,” read a comment by one microblogger.

Others said they were displeased by the fact that Ctrip didn’t join its competitors in banning MAS ticket sales.

“I am not using Ctrip to book my tickets anymore,” wrote another microblogger who criticised the company for not showing the same support as its competitors.

Ctrip, Qunar and LY.com ranked among the top three most influential online travel agencies in China, according to a 2013 research [2] conducted by China IT Research Centre.

As of the third quarter of 2013, Ctrip represented 48.9 per cent of the total sales of China’s online travelling booking, while eLong and LY.com represented 9.5 per cent and 6.3 per cent of the market share respectively, according to a research released by iResearch, a market research firm in China.

NASDAQ-listed Ctrip leads the market with a revenue of 5.4 billion yuan in the 2013 fiscal year, according to its financial statement.

Amid growing calls on China's social media to boycott Malaysian tourism and products this week, some bloggers and columnists have warned against stoking further tension between the two countries and urged for calm and help for the passengers' families.

-----------just keeps getting better

Some people have T+10 accounts. Remember?

Most people have been cornered/forced into the "long-term investor" mindset. Just need to be able to admit a mistake and move on. Its a hard thing to do...

GP doing what GP does best. It has perfected the mechanics of dropping like a rock.

GP doing what GP does best. Drop like a rock.

back to 30sen perhaps?

i think there is something wrong with your calculation its lower than that

just use the fundamental analysis (capital IQ) tool in cimb itrade. click on the shareholder summary and click on LTAT. will give full ist

@skng74 - concur with that succinct summary

this just gives GP more room to breathe. for how much longer is anyone's guess. good on them for sorting out something. at least P1 has a future. they are offering the best wireless deals at the moment (cleanest dirty shirt).

~155 million warrants still outstanding still. plenty of supply.

Intel sues G-Packet for RM60mil


PETALING JAYA: Intel Capital, which invested in convertible bonds issued by Green Packet Bhd in 2008, has filed a suit seeking RM60mil from the telecommunications company.

In an announcement yesterday, Green Packet disclosed that it had to make changes to its contingent liabilities in its books for the financial year ended Sept 30, 2013 because of a suit served on it by Intel on Sept 27 last year.

The amount set aside is not known.

Intel claimed that the company did not fulfil its obligations under a put option and tag-along rights agreement (POTA) that was executed in July 2010.

................

----The court has set April 1 this year for decision.----

When contacted, Green Packet chief executive officer C.C. Puan said he was confident the matter with Intel would be amicably settled out of court.

It has also been speculated that Green Packet’s P1 was inching closer to a strategic merger and acquisition deal with either DiGi.Com Bhd or Telekom Malaysia Bhd. Insiders said if that deal were to materialise soon, then the obligation to Intel would be settled.

----this will have to settled with the cash

GP has debts how much? i believe it owes in the region of RM400m

GP p1 holdings have been diluted massively. money used to pay down debt. what rally? 70 sen? really?

Thought that would have been affordable for Digi...

Flash Telekom Malaysia buying Green Packet unit P1 for RM350m
Business & Markets 2014
Written by theedgemalaysia.com
Thursday, 27 March 2014 13:41

Flash: Telekom Malaysia buying Green Packet unit P1 for RM350m

----game over----

Read the article..... RM1.93bil debt = massive rights issue.

also planning on consolidating current 10sen share into a 1.00 share...

i guess many others enjoy too. :)

i just enjoy the cream crackers only.

30sen to 60sen in 4 days. i don't think there is anymore to give...

hopefully it does. it will save billions of our dollars.

From this article .... http://www.thestar.com.my/Business/Business-News/2014/03/26/Ranhill-head-to-Bursa-via-RTO/

Ranhill’s IPO plans were put on hold last year after it emerged there had been a disclosure breach related to the suspension of the licences of its affiliate company, Perunding Ranhill Worley Sdn Bhd, by Petroliam Nasional Bhd for an indefinite period.

Subsequently, the Securities Commission (SC) imposed a fine of RM200,000 on the company, while its substantial shareholder Tan Sri Hamdan Mohamad was reprimanded and fined RM300,000 for the failure to disclose the licensing issue.

Ranhill was supposed to list on Bursa on July 31, with about 70% of its RM753mil IPO proceeds to be utilised for the repayment of borrowings. The SC had instructed the company to postpone its IPO indefinitely on July 25 in view of the non-disclosure issue.

The following day, Ranhill announced that it had terminated its IPO.

According to the company’s prospectus, it had debts of RM1.93bil and a gearing of 1.61 times as at end December 2012.

Symphony recorded a net loss of RM40.84mil for its fourth quarter ended Dec 31, 2013, compared with a net loss of RM37.66mil in the corresponding period, which was mainly attributed to an impairment made in respect of its BPO business of RM40.6mil.

Its revenue during the quarter rose to RM14.66mil from RM12.77mil previously. Its total cash and cash equivalents stood at RM22.80mil as at Dec 31, 2013.

In its notes accompanying its fourth quarter earnings, Symphony said it expected to complete the sale of Symphony BPO Solutions Sdn Bhd by the first quarter of 2014.

“Upon completion of this sale, the group still has the remaining international BPO business for payroll solutions, which will focus on completing the implementation of secured projects in Japan and Europe.

“On the domestic outsourcing business which remains in the group’s core continuing business, we expect the stock market to be in a positive bias for the remaining period of 2014, which will provide moderate growth for these businesses,” it said.

----WAY too much debt here.... maybe that why this isn't performing like Barakah

Post removed.Why?

Time to end this MAS fiasco. Bankruptcy PN17 the only way out. Shut down like News Corp closed their newspaper after hacking scandal. Someone will buy out, rebrand and rebuid.... say NO to more govt bailouts.

Our close neighbours Vietnam #17, and Thailand #50 are better off. Wow, what of this big Vision 2020 BS???

mas finished after this. its safe to say. PN 17 plus rebrand on the way

plain as daylight that our ministers themselves are in need of a decent education. glaringly seen through the international media recently.

-http://www.theguardian.com/news/datablog/2013/dec/03/pisa-results-country-best-reading-maths-science

-Malaysia #52 our dear neighbours Singapore #2. Is it any wonder Johor parents send their kids to Singapore for public school education

haha. poor kids. just learn how to invest and stay out of or have low debt...

this is quite shocking. having studied outside Malaysia my entire life, i fortunately do not face this problem.

also no one on i3 discussing yet. no one paying any attention. plenty of potential.

very important to clear 0.69 sen. was high in jan 2010.

prestar resources (9873)

- poised to break .60 tomorrow, you might want to take a look.

with prestar resources (9873) poised to break .60 tomorrow. you might want to take a look.

poised to break tomorrow more like. glad i spotted this one early.

anyone notice prestar resources. whats going on there? langat 2?

'Have you no shame?' Enraged families of MH370 passengers protest in China
Published time: March 25, 2014 04:37 Get short URL

Hundreds of people have gathered outside the Malaysian embassy in Beijing to protest what they call two weeks of “lies and misleading information” from the Malaysian authorities after flight MH370 disappeared two weeks ago.

http://rt.com/news/malaysia-plane-protest-china-009/

whats up with prestar resources? langat 2 is it?

whats up with prestar resources? langat 2 is it?

whats up with prestar resources? langat 2 is it?

MH370’s Pilots Behaved As They Should in an Emergency, Not as Sinister Killers

New information shows the aircrew was trying to bring the Boeing 777 to safety, not commit mass murder as the Malaysian government implied.

Have the Malaysians finally stopped trashing the pilots?

After 16 days of trying to give their own spin to the few facts available about the pilots of Flight MH370, the authorities in Kuala Lumpur have changed the narrative in a significant way.

First came the statement by officials Sunday that the Boeing 777’s change of course was programmed into its computers after, and not before, the last voice message from the cockpit was received. Now a later development, first reported by CNN, indicates that after the course change the airplane descended to 12,000 feet.

The sourcing of these statements remains obscure, but the fact that they were made public suggests an acknowledgement that the timeline no longer supports the implied complicity of the pilots in some kind of criminal act. On the contrary, a picture is emerging of the pilots not only struggling to save the 777 but going through precisely the steps they should in an emergency….

First, change to a heading that would take them to the nearest available runway in Vietnam and Malaysia able to handle the airplane;

Second, precipitate fall in altitude from the cruise height of 36,000 feet that would be consistent with the pilots responding to the effects of either a loss of cabin pressure or the consequences of smoke or toxic fumes in the cabin—in those circumstances it would be essential to get down to below 10,000 feet. In the case of cabin pressure, it would be done to stabilize the cabin atmosphere and in the case of smoke, it would be urgent to get on the ground as fast as possible.

Let us recall the original picture carefully assembled by a series of statements by the Malaysian authorities:

It began with assertions that the two systems the airplane depended on to maintain its contact with the ground—the transponder that received and transmitted its position and the system called ACARS that sent bursts of data every 30 minutes about its vital functions—had been switched off.

A picture is emerging of the pilots not only struggling to save the 777 but going through precisely the steps they should in an emergency. Suggesting that there was something sinister about disabling the ACARS made no sense. It was not a surveillance device that could betray intrusion or malpractice on the flight deck. Disabling the transponder, on the other hand, would be consistent with deliberately wanting to render the 777 untraceable, but it would not have made it invisible to the radar coverage of the area, civilian and military.

Something more than semantics was involved in the way the Malaysians set up this picture—“switched off” unambiguously implies direct action, “disabled”—another term used—is more of a weasel word that can leave you wondering whether the action was accidental or by design.

Then came stories about the 777 taking a bizarre and erratic course—beginning with a sudden ascent to 45,000 feet and then a rapid descent—no matter that because the 777 was still heavy with fuel it would have struggled to reach even 38,000 feet and that at 45,000 feet, well outside its safe flight envelope, it would have been uncontrollable. All of this was part of planting the idea that such a bizarre trajectory was designed to evade radar—as if the 777 had suddenly gained the agility of a fighter rather than an airliner weighing 330 tons. Even a rapid descent has been painted, absurdly, as a “low and quiet” run under the radar.

Then there were the more personal inferences. The captain, Zaharie Ahmad Shah, was an active supporter of the Malaysian political opposition. True. So you make a convincing political statement on behalf of more liberal causes by disappearing an airplane full of people? Sinister, right? ...

http://www.thedailybeast.com/articles/2014/03/24/mh370-s-pilots-behaved-as-they-should-in-an-emergency-not-as-sinister-killers.html

looks like the move is finally happening.

there is no reason for a UMA. price is finally catching up with fundamentals, after being in the ditch for a decade. nice one!

MH370: Malaysian police drag away relatives as missing flight anger boils
Malaysia Airlines pilot's flight simulator shows a data log was deleted a month before his plane disappeared, authorities say

• Relatives demand information - live updates

Tania Branigan in Beijing
theguardian.com, Wednesday 19 March 2014 18.32 GMT

MH370 relatives
Malaysian police forcibly removed family members who tried to unveil a protest banner. Photograph: Edgar Su/REUTERS

Malaysia Airlines pilot's flight simulator shows a data log was deleted a month before his plane disappeared, authorities say

Relatives of passengers on the missing Malaysia Airlines plane were bundled away from journalists on Wednesday as they protested at the lack of information, underlining their growing frustration and anguish after 11 days of waiting.

Malaysian police forcibly removed the handful of Chinese family members after they tried to unfurl a banner reading, "Give us back our families" just before a briefing by officials in Kuala Lumpur began. Two were carried from the room, still shouting.

"They give different messages every day. Where's the flight now? We can't stand it any more," one woman cried.

Another told reporters: "We don't need the Malaysian government to take care of us. What we need is the truth."

------>more shocking behavior/incompetance from Malaysia - broadcast worldwide

man i was so happy to dump this @ 1.70. holding co. discount. like insas. they should just pay out the rhb shares as a special dividend like timedotcom, instead of money lendending. everyone would have gotten rich.

plenty of other pennies also moving strongly with better/improving fundamentals. wouldn't waste time here personally. all the best and best of luck to those already in.

of course, if i had been paying attention and bought some @ 20 sen for a pure spec play (1 week to 1 month hold). i'd be very happy. this is something i believe very strongly in, especially in Bursa. fundamental or spec, goreng or not, if there is money and an opportunity, why not...

that said, i just couldn't justify diving in, even @ 20... there are other pennies out there... too many actually