bursa should suspend under-performed and non-committal board of directors instead of the share's listings. Then, appoint interim board of directors till it out of PN17

I really hope the new finance minister can do real reform on the out-dated bursa rules to protect ikan bilis. No wonder all investor fleece looking at our lousy bursa

Bursa funny rules penalising everyone when CEO fail to perform. when it reach PN17, why can't Bursa take further step replace with new capable interim CEO till it out of woods? it seems bursa's rules never intended to protect the minority

MPCON already become MPCorpse. wakaka

Why Mui governed like a secret society? 8 Uk hotels sold but at what value? how much profit? what they intend to do with the gain? all never disclosed. Why so secretive? intend to swalow everthing?

Company Aveo's image already at toilet poo now, so do his staff. wakaka

A man accused of serially pooing in public has quit his job after a photographer caught him relieving himself on a suburban Brisbane street.

The man, named as Andrew Douglas Macintosh, was dubbed the “poo jogger” after a story in Australia’s Courier-Mail which pictured the former manager supposedly defecating in public.

Macintosh was photographed holding toilet paper outside the Logan Road block on May 11, and has been charged with one count of public nuisance.

It is alleged that Macintosh, 64, fouled on the private footpath of an apartment block near his Greenslopes, Brisbane, home 30 times over the last year.

According to local reports, the regularity of Macintosh’s movements proved to be his undoing, with a resident setting up cameras to catch him in the act.

With his reputation seemingly in the toilet, Macintosh has since stepped down from his job at as a quality care manager at Aveo, a company that runs retirement villages.

Aveo later confirmed his resignation as pictures of Macintosh mid-motion went viral.

The Brisbane jogger who defecated on a footpath outside a Greenslopes unit last month has been outed as businessman Andrew Douglas Macintosh. The 64-year-old has resigned from his position with retirement village company Aveo

I've topup on JKGLand recently. his boss is strong associate of Tun Daim.

Khairy goes for UMNO President candidacy contest. I'm still holding tight this salted fish.

Sardin81's detailed explanation on KNM's prospect very convincing but why General Lee keep disposing. i've minor share, thought want to topup but seeing boss selling, change my mind. latest report shows he left with 14% stake only....i guess many can challenge his main shareholder status any time, be new boss

KUALA LUMPUR (June 14): Dutaland Bhd said it will receive 12 vacant luxury residences worth RM45.4 million as part of a settlement of debt owed to its unit by listed firm Olympia Industries Bhd (OIB).

In a stock exchange filing today, Dutaland said its wholly-owned unit KH Estates Sdn Bhd had signed the property settlement agreement with OIB's wholly-owned subsidiaries Olympia Properties Sdn Bhd (OPSB) and United Malaysian Properties Sdn Bhd (UMP).

The group said the luxury residences, which come with 39 car park bays, are located within Taman U-Thant next to Ampang Hilir in Kuala Lumpur, an area noted for its exclusivity and high net worth residents and embassies.

The settlement properties, which Dutaland plans to later dispose of, have a total built-up area of about 48,422 sq ft.

Dutaland said the settlement is part of the sum of about RM81.2 million owed by OPSB to KH Estates, with the remaining sum of RM12.08 million to be settled in cash by Dec 31.

OPSB had between August 2016 and March 2018 progressively settled RM23.72 million.

The debt arose from sale proceeds of a piece of land in Mukim Batu, Kuala Lumpur, that was held by OPSB back in 2016.

In 2003, OPSB and KH Estates had initially agreed to jointly develop the land measuring approximately 73.44 acres, with obligations, disbursements and liabilities at a ratio of 42% to OPSB and 58% to KH Estates.

However, subsequent to the consortium agreement, there was a re-alienation or subdivision on the land resulting in new title particulars, where parts of the land were then sold off by OPSB in April 2016.

Dutaland said that barring unforeseen circumstances and subject to all approvals being obtained, the proposed settlement is expected to be completed by the fourth quarter of this year.

RHB just won the wind up petition vs MPCon. Liquidation process of assets will take place very soon. Bill Ching is the most stupid CEO. He declined a suitor to salvage his distress co. last few years back subject to he give up all control. Not sure if the sold assets value can cover the debts leaving ???? for ikan bilis

why sell out so early? SCOMI is under IJM GLC now....this salted fish will turnaround into dragon again with the recovery of oil/ gas industry

National oil firm Petronas is seeking exclusive ownership of Malaysia’s petroleum resources and a court declaration making it the regulator of the upstream industry for the whole country. (Reuters pic)

KOTA KINABALU: Parti Solidariti Tanah Airku (STAR) president Jeffrey Kitingan today warned that any court ruling favouring Petronas in the matter of petroleum resources ownership could signal “the end” of Malaysia.

“If the federal government insists on this, we will go back to the basis of the formation of Malaysia.

“What do they want to do? Break up Malaysia? This is a big case, and I am surprised the state government is not saying anything about it,” he told reporters after attending the annual Double Six memorial day here.

Jeffrey, who is Keningau MP and Tambunan assemblyman, said he had always viewed the Petroleum Development Act (PDA), on which Petronas is basing its claim to oil rights in the country, as unconstitutional.

He said natural resources had always been a state matter, and was even specified as such in the Federal Constitution under the distribution of legislative powers between the state and federal governments.

He added that the recent proposal to privatise Petronas was “disturbing”, as it meant the people would not longer have any locus standi on the resources as they would belong to the shareholders.

“That is a very silly proposal. Now, Petronas is going to court to declare that our resources belong to Petronas, exclusively.

“Funnily, they use the PDA when they should have to go back to the constitutions, the Malaysia Agreement 1963 and the Inter-Governmental Committee Report,” he said.

Jeffrey said if the state government did not act on the matter, the people must do something to protect their interests.

This was why Gabungan Sabah, a political alliance of four opposition parties, had prepared a team of local lawyers to intervene in the case, he added.

“The people of Sabah are stakeholders. We have a stake in the matter and thus have the right to intervene in this proposal,” he said.

Sabah Progressive Party (SAPP) president Yong Teck Lee said the team of lawyers had started working on the case yesterday, following news of the Petronas legal action.

“If Petronas wins the case, it means all our oil resources, 100%, will belong to Petronas and not the people of Sabah and Sarawak. The stakes are high, which is why the Sarawak government has engaged private lawyers, not just the Sarawak attorney-general,” he said.

“If Sarawak loses, the same ruling may apply to Sabah also. From 5% cash payment, we are surprised that under this Malaysia Baru, Petronas now want to grab 100% of the oil ownership.”

Yong urged the Sabah government to pursue the matter without compromise.

“Do not fear political consequences. This is for the petroleum rights of Sabah.

“Don’t forget, other than the PDA, there is also the Territorial Sea Act. All of the continental shelf belongs to Sabah, including the resources. This is another issue.”

Yong added that this was a fast moving issue, and that the state government must take quick action.

“Not just in Sabah and Sarawak. There are also lawyers acting on behalf of Kelantan and Terengganu in the peninsula,” he said.

Last night, I tuned in to TV 1 to listen to our newly minted Finance Minister Lim Guan Eng.

While the challenges ahead of him and the Pakatan Harapan (PH) government are indeed colossal, it will be a case of when the going gets tough, the tough get going.

If I had the opportunity to call in and speak to the honourable minister, I would have asked him one question on the lips of my fellow Sabahans.

If the federal government is in need of extra revenue, why not introduce a gaming tax of 10% on punters who visit the 4D outlets of Magnum, Sports Toto and Da Ma Cai in Peninsular Malaysia?

Punters in Sabah cannot understand the difference in the way we are taxed 15% extra for every ticket we buy while our fellow punters in Peninsular Malaysia escape this gaming tax.

Sarawakians are taxed 10%.

I don’t believe it is a case of different strokes for different folks.

But I do believe that the time is nigh for streamlining and exercising fairness in such policy matters that affect us Sabahans.

While we acknowledge that the gaming tax comes under the purview of the respective state governments of Sabah and Sarawak, there should not be any reason why the governments at state level cannot review this policy. On the other hand, if the objective is to raise funds for the federal coffers, such a move should be seen in a positive light.

The new finance minister once said in a clip I saw that Sabah and Sarawak are equal partners with Malaya and not one of the states under Malaysia.

He acknowledged this fact, as did other politicians who bombarded us with the Malaysia Agreement 1963 (MA63) that said we were equal partners in the formation of Malaysia. Shouldn’t they now walk the talk on something as simple as this?

Either introduce this gaming tax for the 4D operators in Peninsular Malaysia, or cancel such taxes for the people of Sabah and Sarawak.

If this principle can be applied to something as simple as the gaming tax, it can also apply to our health services in Sabah since we now have a new ministry here: the ministry of health and people’s wellbeing.

The list of ways to be fair and just, including the issue of minimum wage in Sabah, can go on and on. But really, it will amount to nothing if you do not walk the talk. There has to be a strong political will in whatever you undertake.

SUBANG JAYA: A businessman was allegedly cheated out of RM8.25 million by a man who offered him what he claimed were stocks in three companies listed in Bursa Malaysia.
District police chief Assistant Commissioner Mohammad Azlin Sadari said the alleged conman was first introduced to the businessman by a mutual friend in July 2016.
He said the victim was immediately offered stocks in a company via reverse takeover (RTO).
Azlin said the victim was excited by the offer as the company was listed in Bursa Malaysia and made two payments to the man, the first being RM1 million and the other for RM1.5 million.
“After the second payment was made, the suspect then offered stocks in another company. The victim, not suspecting anything amiss, paid the suspect RM1.95 million for the second company’s stocks,” he said.
Azlin said, in April last year, the suspect told the victim that the purchase for the second process had failed to go through but did not return the RM1.95 million.
“At the same time, the suspect offered stocks in a third company at the price of RM3.8 million, saying that the company did not have enough finances to operate. The victim, who was told that the company had a lot of potential, paid the amount,” he said.
After failing to hear from the suspect for a long time, in December last year, the victim met with two of the owners of the companies and was shocked to find out that the business “transactions” he had made did not exist.
Since then, the victim had been trying to contact the suspect, said Azlin, and when he failed to do so, lodged a police report.

Civil Aviation Minister, Ajit Singh has reportedly said that Air India is almost bankrupt and has not paid employees for months, airport authorities and oil companies.

Reports stated that Air India flights continued to be affected.

The flights cancelled include Delhi-Singapore and Delhi-JFK (New York). From Mumbai, the flight to Newark was affected, says report.

Stating that the Government is ready to talk to pilots, he said, however, discussions and disruptions cannot take place simultaneously.

Air India flights continued to be affected. Sources say between yesterday night and this morning, two flights from Delhi and one from Mumbai were cancelled.

The flights cancelled include Delhi-Singapore and Delhi-JFK (New York). From Mumbai, the flight to Newark was affected.

Airline may move court against pilots

“The management is mulling the option of approaching court against the pilots’ agitation,” airline sources said.

The Air India passengers, who are suffering due to the ongoing agitation, had heated exchanges with the airline staff in Delhi alleging that they were neither cooperating nor providing any information about their flight or alternative flights.

pls don't talk rubbish, damage the reputation of China govt. Without this bail out from China, MY got no money to settle 1mDB HUGE DEBTS. DON'T BITE THE HAND WHO FEEDS YOU. MY govt. can anytime try to get loans from other bankers at much cheaper interest cost, if they can. Why blame on govt. who help??? TRY to seek the help of our close friend, Japan govt.....

both india and malaysia embrace crony capitalism, patronage of the local elites. So, India purposely kill off all foreign opponents misusing legal suit. MY GLC must be too naive, invest, compete with India GLC. Ananda Krishan lost USD7billion in india. How much will Tony lost in India JV?

China's Electrified double line can reach 140KM per hour. quite fast ma....no need to have super speed HSR la-myr100billion tag

No HSR, Johor property value still ok. EDL Gemas-Johor is still on. Furthermore, i believe ECRL will be realigned to connect Gemas avoid tunneling Titiwangsa range to lower the cost. So, whole malaysia north-south-east all EDL connected albeit at cheaper cost

hope our govt. don't intervene and fallen into India's trap. India govt. has bigger political motive why purposely hit on all local malaysia GLC Ent. airasia, maxis, scomi, ijm, mudajaya, etc. all bleeding. if our govt. intervene, india will hold our govt. for ransom for a deal.

since we have 30million citizens, each one must donate myr33,333 to settle all debts myr1trllion once and for all.

if wive working but hubby jobless, so deduct 2% from wife?

In 2008 the Malaysian government halted the project citing high-costs of over RM8 billion. From myr8billion initial cost increase to myr110billion within 10 year lag...how to swallow??

ECRM will proceed. its a strategic project ala Thailand Kra Canal project. SIN govt. sure hates this project as it gives us edge

warisan's Shafie Sabah state govt. formed thru KATAK from BNs are invalid. why PH keep quiet on this illegal state govt.?

PH has 100 days deadline to commit his promise. Thus, its a race against the time which all must understand. why he bulldoze. i'm sure Anwar will also emphatise why. PH has no ample time priviledge to dilly-dally.

its best time for PH to show true reform by separating business from politics. both supermax, airasia are victims of political system mixing together with business. real democracy nation should not penalise any citizens' freedom to vote which party. any forming govt. should not take revenge on any business, people who support otherwise. freedom to vote is citizen's right. change of govt.won't affect any business if we really embrace matured democratic nation., unfortunately this is not the case now yet

all old dinasours must go , irregardless of party, PH or BN. only young progressive minded youths can bring nation forward. sorry, dinasours not my cup of tea

we believe in Donald Lim to create the miracle. TPY was history. Give some time to Donald Lim. He is electrical engineering degree holder, sure in much better postion to grasp the complexity of digital economy, IT technology which holding most future potential in line with our PM's vision.

The Board of Directors of the Nexgram Holdings Berhad ('the Company' or 'Nexgram') wish to announce that on 12 April 2018, Nexgram Industries Sdn Bhd, a wholly owned subsidiary of the Company had entered into a Strategic Cooperation Framework Agreement (“SCFA”) with Shanghai Zhida New Energy Automobile Public Support Development Co, Limited, a subsidiary company of Shanghai Zhida Science and Technology Development Co., Ltd. (“ZHIDA GROUP”), for distributorship and joint venture in electronic vehicle (EV) charging products and services in South East Asia. Malaysia will be a sole distribution hub. Since this is the new technology introducing into South East Asia's market, as such, both parties agreed that it will not fix any cut of date on the expire of SCFA. Nevertheless, should both parties has derived the agreeable terms and conditions in signing of the distributorship and joint venture agreement. Nexgram shall make the immediate announcement upon execution of the said agreement.



The SCFA has specifically covered the cooperation in carry out all-round operations in the field of localised implementation of technology and resources in new energy automotive industry, such as smart travel hardware and national Internet high-tech products, urban electronic vehicle (EV) charging platform, EV master planning and operation, and the business of smart-vehicle networking intelligent hardware, research and development which includes electronic vehicle, unmanned driving technology, and shared car economy industrial chain.



Zhida Group is based in Shanghai, China with sound sales support system and a strong production capacity in EV chain of products. With the SCFA, both parties shall further ink technology transfer, products research and development, distributions, projects joint venture, maintenances & supports, and other strategic partnership co-operations in Southeast Asia countries, starting from Malaysia being the main distribution hub for the region.



Zhida Group established in November, 2010 by a group of elites from Automobile industry, such as VW and GM, and IT world such as IBM. Zhida Group has become No.1 EV home charging service provider in China. Zhida Group service includes EV charger installation, EV charger maintenance, and charger development, with industry leading clients such as Volvo, SAIC, JAC, Nissan, Porsche and SVW. Zhida Group qualification includes ISO9001 for Technical Service for Mechanical Device, Development and Service for Computer Software; “Electric Vehicle Ready Company” certification by TÜV Rheinland; TS16946 certification for Charger Production line (Note 1).

Trump already sack over 30 high ranking officers. i guess the last person he'll sack is himself at the end. Trade war with china is just a distraction or diversion tactic from internal high turnover, instability in his admin-poor leadership

ya. this is makan berak stock. resilient business. wa also join support this Pak Lah's catering business. hidup Pak Lah. wakaka

Why always stuck at Fivecent?. i guess change name to Fivecent more glamour than technology giant Tencent. wakaka

now, already promoted to cap helang, not cap ayam anymore. wakaka

this is the risk of political link co. its going thru what scomi faced when falling out of political favor when pak lah left as PM. many ikan bilis burnt when Pak Lah left leaving scomi in doldrums. Till now, never recover after so long.

some one said myr0.03 so confidently....where is myr0.03 now? wakaka

Cap Ayam is world renown brand actually. wakaka

NexGem come alive too. Yahoo!!!

Water dragon come alive! Yahoo!!

Hayman Island’s owner, ­Malaysian conglomerate Mulpha Australia, offered up the management rights to its entire local accommodation portfolio last year, including Hayman, its prestigious InterContinental hotel in Sydney and InterContinental Sanctuary Cove resort property in Queensland and the company’s Rydges hotel in Cairns.

Three parties were short-listed for the prized management rights to the four eastern seaboard hotels and resorts including the incumbent, the London-based IHG, which controls InterContinental Hotels and French giant Accor which is understood to have wanted to rebrand the InterContinental hotel in Sydney’s Bridge Street as a luxury Fairmont if it were successful.

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The American hotel giant Marriott, which controls more than 30 hotel brands around the world including the luxury St Regis, Bulgari and W Hotels was also short-listed. But incumbent operator IHG successfully won the rights to the Mulpha properties and will continue to operate the Sydney and Sanctuary Cove resort hotels under the InterContinental brand.

However, senior hotel sources said Mulpha’s Rydges Hotel in Cairns would remain under a Rydges hotel.

Hayman Island will be rebranded an InterContinental Resort when it reopens on December 1 after a massive renovation due to the damage sustained from Cyclone Debbie in March last year. The high-profile resort was rebranded a One&Only resort in 2014 amid much fanfare following an $80 million refurbishment.

Although the Hayman Island InterContinental Resort will be one of the first such resort properties in Australia, IHG operates similar luxury resorts in Bora Bora, Tahiti and Koh Samui and Pattaya in Thailand.

Sources said the new InterContinental on Hayman Island which will sport 160 penthouses, villas that will represent a whole new level of luxury for the group.

Mulpha is also keen to sell off some of Hayman Island’s ultra luxury villas and is expected to have four to offer to buyers from December 1. Mulpha’s Australian based chief executive Greg Shaw declined to comment on the plans yesterday.

Selangor water project already commence, so water rations in Klang valley these few days due to maintenance job by salcon if i'm not wrong. new revenue from water project will flow in soonest. weakness is best chance for further accumulation

possible special dividend in next Qtr with these 2 hotel sales?

CPO future to be myr2500-myr2700/MT by June-quoted Mistry. Yes- i start accumulating Cepat plantation, damn too cheap Sabah Palm oil plantation, very high take over target

Crazy unbelievable net profit myrr228Million last Qtr. ended Dec, 2017. Kia Si Lang

Net profit myr1.2million for last Qtr ended dec, 2017

Dear Mr Tan, my stock pick
1. MUIIND 15%
2. OLYMPIA 15%
3. SALCON 15%
4. MULPHA 15%
5. SCOMI 15%
6. KNM 15%
7. NEXGRAM 10%

To all sceptics, pls go and buy Protasco. got dividends every year. much better than Mulpha.
EPF also buy it. wakaka

yes- Lee is very super stingy. But, he returns shareholders with share buyback. at long term, one can win from growing market share price. i've said many times-dividend is not the best gauge as many corporate go borrowing to pay for dividend. this is completely wrong policy which BS shouldn't allow it unless the over-generous company have net cash level. many lost a lot from falling share capital price ex. dividend. the dividend income not enough to cover the capital loss.