merely manipulated by IB...

sad sold too early

1.60 tmr

tempting

OTHERS AirAsia X Berhad
AIRASIA X BERHAD

Type Announcement
Subject OTHERS
Description AirAsia X Berhad
We wish to announce that AirAsia X Berhad together with our affiliate, AirAsia Berhad, have on 2 October 2019 filed a Writ of Summons at the Kuala Lumpur High Court against Malaysia Airports (Sepang) Sdn Bhd (“MASSB”) (“Claim”).



The Claim is for the sum of RM479,781,285.00, being loss and damage caused by negligence on the part of MASSB, its servants and/or agents in the management, operation, maintenance and/or provision of airport services and facilities at klia2.



Further updates in respect of any material development on the matter will be made from time to time in compliance with the requirements of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.



This announcement is dated 4 October 2019.

For ASM, should refer to this latest one

Description IKHMAS JAYA GROUP BERHAD ("IKHMAS" OR "THE COMPANY")
- KUALA LUMPUR HIGH COURT SUIT NO: WA-22C-64-08/2018 IKHMAS JAYA SDN BHD VS ASM DEVELOPMENT (KL) SDN BHD
Reference is made to the announcement dated 16 August 2019.



The Board of Directors of IJGB wishes to inform at the Case Management held on 10 September 2019, the Court had instructed Ikhmas Jaya Sdn Bhd ("IJSB") to only claim for RM11,641,060.54 being the works done for the Maju KL Project. The trial has been fixed on 18 September 2019.



The claim filed by IJSB earlier of RM14,583,764.69 was for the works carried out for both Maju KL and Station Hotel Projects.



IJSB would consult its solicitors and take the necessary action to recover the claim for works carried out for the Station Hotel Project.



This announcement is dated 11 September 2019.

Pursuant to the Writ and SoC, IJSB is claiming the following:-
(i) Specific order to execute the Settlement Agreement dated 17 April 2017 and the
Supplementary Agreement dated 21 March 2018 for the transfer of all the 19 New
Contra Units free from encumbrances to IJSB or the nominee to be identified by
IJSB within 14 days from the court order;
(ii) Alternatively, in the event the transfers of all the 19 Contra Units are unable to take
place within 14 days from the order for whatever reasons, DJ Design shall pay to
IJSB a sum of RM46,237,500 being the agreed value equivalent to the value of the
New Contra Units;
(iii) Outstanding amount of RM15,705,500;
(iv) DJ Design shall pay the entire outstanding amount of RM6,304,851.90 to the NSC
and RM161,800.78 to IJSB being the payment made by IJSB to one of the NSC;
(v) Interest of 1.5% per month and as at 31 March 2019, the amount was
RM21,864,961.36 up to the date of full settlement;
(vi) Costs; and
(vii) Other reliefs deemed fair and just by the Court.

Reference is made to the Company’s announcement dated 24 July 2019.


The Board of Directors of IJGB wishes to announce that subsequent to the announcement made on 24 July 2019, IJGB had settled part of the amount owing and leaving a balance of RM1,322,905.87 due and owing to the Petitioner (“Outstanding Sum”).


The parties had agreed to a settlement of all claims, counterclaims, rights and liabilities that they have or may have against each other arising under and/or in connection with the Settlement Agreement executed on 22 June 2018 and Corporate Guarantee and the Winding Up Petition (hereinafter referred to as “the Disputes”) in accordance with terms stated in the New Settlement Agreement executed on 3 October 2019.


In accordance with the New Settlement Agreement, Ikhmas Jaya Sdn Bhd (“IJSB”) has agreed to transfer all its rights in the following equipment:-


a) Two 2 units of BG25C Rigs with a total value of RM1,200,000; and


b) Three (3) Kelly Bars for an estimated value of RM122,290.87.


The Petitioner has agreed to take steps to withdraw all proceedings against IJSB and/or IJGB with no liberty to file afresh and no order as to costs by way of filing a Notice of Discontinuance in the Winding Up Petition with the Petition No. BA-28NCC-442-07/2019.


This announcement is dated 3 October 2019.





hmmm...asset loss..

a daunting task for IJ to recover RM80 million from D.J. DESIGN & SUPPLIERS SDN. BHD ..

wait for EPF's action.. pump or dump

New call warrant c93.

back to ipo 1.40 possible..

free fall!!

2-3 weeks to go.. Fly to Holland

!!

Due to Haze?

Monday pumps and dumps..

Happy trading day!

https://www.theedgemarkets.com/article/telekom-malaysias-shares-selldown-likely-overdone-kenanga

waiting TF SBB.. unlikely atm

cautious.. sell now before it drop back

worsening haze problem will causes flight disruptions..then...

nah... IB queue.

Expecting downtrend soon.. c37 effects

typical EPF pattern

rebounding

4.04-4.20

https://www.thesun.co.uk/news/9879734/airasia-passengers-plane-flight-...

Will drop next week ah?

stupid thesun clickbait...exaggerated sia

same old trick as last time.

kesian to those who didnt sell this morning.

re-entry 3.38-3.40.. they dumped again

wow...gonna run

EPF had been played like this since they started dumping Pchem..

rebounding

wow.. red sia

China lodges tariff case at WTO against the U.S.

https://www.reuters.com/article/us-usa-trade-china-wto/china-lodges-tariff-case-at-wto-against-the-u-s-idUSKCN1VN1CM

CLOSURE OF BURSA MALAYSIA IN CONJUNCTION WITH AWAL MUHARRAM 2019
26 Aug 2019

Bursa Malaysia Berhad and its subsidiaries will be closed on Monday, 2 September 2019, in lieu of Awal Muharram which falls on Sunday, 1 September 2019.

Bursa Malaysia and its subsidiaries will resume operations on Tuesday, 3 September 2019.

expects strong rebound

https://www.theedgemarkets.com/article/psc-cut-not-good-reason-dump-mahb-shares

From 1 September 2019, all bookings for flights departing from Malaysia will be subject to a departure levy, in accordance with a directive from the Malaysian government.

For destinations within Asean, the departure levy is RM8 for economy class and RM50 for business class and business suites.

For those travelling beyond Asean, the departure levy is RM20 for economy class and RM150 for business class and business suites.



https://newsroom.airasia.com/news/travel-advisory-departure-levy

Barring any unforeseen circumstances, the proposals are expected to be completed by fourth quarter of 2019.

RHB Investment Bank Bhd has been appointed as the principal adviser for the proposals.

Serba shares closed 4 sen or 0.92% higher at RM4.40 today, with 4.14 million shares done, bringing a market capitalisation of RM6.46 billion.


https://www.theedgemarkets.com/article/serba-dinamik-proposes-share-split-bonus-issue-free-warrants

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6272921

AirAsia close to announcing adjustment to Airbus plane orders: sources

https://www.reuters.com/article/us-airbus-airasia/airasia-close-to-announcing-adjustment-to-airbus-plane-orders-sources-idUSKCN1VJ1BC?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

AmInvest Research Reports

Given TM’s role as the national broadband provider, the group will likely bear up to half of the NFCP cost, which translates to RM2.2bil over the next 5 years. Besides TM’s own capex requirements, the NFCP rollout alone translates to 19% of FY20F revenue — already above management’s FY19F capex target of 18% and 8% in 1HFY19. Additionally, the thrust of the NFCP towards connecting the rural population could mean that revenue accretion from these investments will be minimal.

3rd qtr weaker..

be patient

3.50?

wow. dropped so much... way to holland

fly to IPO 1.4

ready for SBB

this time no forex gain , average jet fuel price higher than 1st qtr, hope for miracle to end with green

TM & Trump co.

hyped again.. brilliant TM and his cronies... MACC slacking again

will drops as low as 2.15 for IB to gain profit from you