BURSA LR is based on buying assets worth money.
BURSA LR is silent on buying assets worth zero like CapA assets.

since BURSA LR is silent,
it means AAX tealady or officer boy or toilet attendant or rubbish collector can make decison to buy up CapA assets worth zero.

so answer to sslee question is not applicable

CapA assets are worth zero

is it illegal to buy something worth zero and issue 5,000,000,000 AAX shares is up to willing buyer and willing seller

yes actually Air Asia 100% fully packed plane do not make money once you add in stony free shares

Post removed.Why?

Can I introduce you to the Penang Bridge?

Actually AAX is buying CapA assets worth zero and issue 5,000,000,000 shares of AAX

zero / assets of AAX is zero percentage
so no need to do anything per BURSA LRs

PART D – ACQUISITIONS AND DISPOSALS FAQ 10.1, FAQ 10.2
​ ​
10.05 Requirements for transactions with percentage ratio below 5%
​ ​
​(1) Subject to paragraph 10.08(1), where all the percentage ratios of a transaction are less than 5% and the consideration is satisfied in cash or unquoted securities, no announcement of the transaction to the Exchange is required.
​ ​
(2)​ If the listed issuer wishes to voluntarily announce the transaction to the Exchange, the listed issuer must include -
​ ​
​ ​(a) the details of the consideration;
​ ​ ​
​ ​(b) ​the particulars of the transaction; and
​ ​ ​
​ ​(c) a​ statement that the directors, major shareholders or person connected with them have no interest, direct or indirect, in the transaction.
​ ​ ​
​(3) Where the consideration for the transaction is satisfied wholly or partly in securities for which listing is being sought, the listed issuer must immediately announce the transaction in accordance with paragraph 10.06.
​ ​
10.06 Requirements for transactions with percentage ratio of 5% or more
​ ​
​(1) Where any one of the percentage ratios of a transaction is 5%, or more, the listed issuer must announce the transaction to the Exchange as soon as possible after terms of the transaction have been agreed. The listed issuer must include the information set out in Appendix 10A in the announcement. FAQ 10.7
​ ​
​(2) The listed issuer must also furnish the Exchange, in a separate letter, the percentage ratios applicable to such transaction.
​ ​
​(3) Subparagraphs (1) and (2) do not apply to a transaction where the value of the consideration of the transaction is less than RM500,000.
​ ​
10.07 ​Requirements for transactions with percentage ratio of 25% or more
​ ​
​(1) ​Where any one of the percentage ratios of a transaction is 25% or more, in addition to the requirements of paragraph 10.06, the listed issuer must - FAQ 10.8
​ ​
​ ​(a) issue a circular which includes the information set out in Appendix 10B to its shareholders; and
​ ​ ​
​ (b)​ ​seek shareholder approval of the transaction in a general meeting.
​ ​ ​
​(2) The listed issuer must submit the draft circular to the Exchange together with a checklist showing compliance with Appendix 10B.
​ ​
(3) ​Subparagraphs (1) and (2) do not apply to a transaction where the value of the consideration of the transaction is less than RM500,000.
​ ​
PART E – RELATED PARTY TRANSACTIONS​ ​FAQ 10.1 FAQ 10.3, FAQ 10.6
​ ​
10.08 ​Related party transactions
​ ​
​(1) ​Where any one of the percentage ratios of a related party transaction is 0.25% or more, a listed issuer must announce the related party transaction to the Exchange as soon as possible after terms of the transaction have been agreed, unless -
​ ​
​ ​(a) the value of the consideration of the transaction is less than RM500,000; or FAQ 10.22, FAQ 10.42
​ ​ ​
​ ​(b) ​it is a Recurrent Related Party Transaction. FAQ 10.22
​ ​ ​
​ The listed issuer must include the information set out in Appendices 10A and 10C in the announcement. FAQ 10.7
​ ​ ​
​(2) Subject to subparagraphs (9) and (10) below, where any one of the percentage ratios of a related party transaction is 5% or more, in addition to subparagraph (1), a listed issuer must - FAQ 10.8
​ ​
​ ​(a) send a circular which includes the information set out in Appendix 10B and Appendix 10D to the shareholders. The draft circular must be submitted to the Exchange together with a checklist showing compliance with Appendices 10B and 10D;
​ ​ ​
​ (b)​ ​obtain its shareholder approval of the transaction in general meeting; and
​ ​ ​
​ ​(c) appoint an independent adviser who is a corporate finance adviser within the meaning of the SC's Principal Adviser Guidelines, before the terms of the transaction are agreed upon. FAQ 10.26
​ ​ ​
​(3) The independent adviser must, in relation to the transaction -​ ​FAQ 10.26, IAL Guide
​ ​
​ ​(a) ​comment as to -
​ ​ ​
​ ​ ​(i) whether the transaction is fair and reasonable so far as the shareholders are concerned; and
​ ​ ​ ​
​ ​ ​(ii) ​whether the transaction is to the detriment of minority shareholders,
​ ​ ​ ​
​ ​ and such opinion must set out the reasons for, the key assumptions made and the factors taken into consideration in forming that opinion;
​ ​ ​ ​
​ ​(b) advise minority shareholders on whether they should vote in favour of the transaction; and
​ ​ ​
​ (c)​ take all reasonable steps to satisfy itself that it has a reasonable basis to make the comments and advice in subparagraphs (a) and (b) above.
​ ​ ​

CapA has to apply this time
you see no application means CapA died

no apply, then flying losses will mount higher

some go toilet wee hours congkek shake thingy so hand still itchy after that.

Likely... have you ever been to Singapore?
No?

at 12:30 midnite,
you see all these normal people with suits, Caucasians, Chinese, Blacks with expensive leather briefcases to match expensive suit with expensive shoe, walking to MRT to go back home.

ex-IGP once said normal people ... Malaysians are supposed to be sleeping at midnite.

Productivity of Singapore is 5 X times productivity of Malaysia

anymore extension of time and CapA will no longer qualify for PN17 exit removal forever and ever as flying losses mount

fly more die more
more time more die

qqq3 also supposed to drive Rolls and own USD300 million yacht with Dreamliner personal jet but it never happened

fly more die more
more time more die

problem is botak has no capital
otherwise Bandar Malaysia? people already staying inside.

and sure!!
he thanks you for your money, after all he owns a lot of IWCity shares mah!!

no worries
oil price high just stop flying

1 million Bangla coming soon, already announced relaxation in 3 areas.

Even Taman Tun Dr Ismail ultra high luxury condo is full of factory Bangla. Real estate negotiator says, without Bangla, all condo dies.

only the 2 women dun have a Dato' title.
inherently sexist.

Buying up minority shares in AAX to approve issuing 5 billion AAX shares to CapA members boosted it up to 2.00.

AAX may go bust soon, if bad luck next 12 months covid or recession already insolvent, inherently loss making to begin with.
fly more die more, more time more die

=> The good news is giving BURSA a fake solvency test is not a criminal offense.

So as usual nothing will happen.

no worries
nothing wrong
its not illegal to drop to 50 sen

Cheers !! Bottoms Up !!

Post removed.Why?

use your excel spreadsheet to simulate growth

some banks have a higher GP or PAT
in the long run the bank with lower PAT is always the winner even if growth is moderate

Example
even if you have a 99% PAT but does not grow 99 remains 99 for 100 years

say 100 = Revenue
PAT = 99
99 => 99=> 99

the 50% PAT 50 => 100 => 200 because size of bank doubles and doubles

obviously 200 > 99 right? ................ but scammers will tell you 99 is way bigger than 200

Apple already obsolete


In the form of DNA, nature shows how data can be stored in a space-saving and long-term manner. Bioinformatics specialists are developing DNA chips for computer technology. Researchers show how a combination of molecular biology, nanotechnology, novel polymers, electronics and automation, coupled with systematic development, could make DNA data storage useful for everyday use possible in a few years.

no worries
I propose to Gobermen to make Golf compulsory for SPM pass otherwise no SPM certificate
and later SPM to be terminated and use teacher subjective assessment instead

yes, bring durian, durian cake, durian juice and durian ice cream

which part of sslee? breast meat medium rare? or sslee backside tartare with tabasco sauce and QL raw egg?

In a statement last month, the European Union Aviation Safety Agency said it had received reports indicating that several CFM56 engine parts distributed by London-based AOG Technics had been supplied with falsified certificates of authenticity.

CFM56, said to be the world’s best-selling jet engine, is manufactured by CFM International, which is a jointly owned company of Safran Aircraft Engines of France and GE Aerospace of the US.

It is installed on many older-generation Airbus A320 and Boeing 737 planes. However, it is unclear how many fake parts may have been installed or how many aircraft might be affected, Bloomberg reported.

I wanted to buy Huawei but too many apps dun have becomes a problem. Google ban them so no Playstore

So now I have a fake Huawei, my Samsung uses the Huawei Mate 50 ringtone. 🤣

if big shark bought should be 90 sen today right?

so fast dump cycle?

panic dump?

many will try to click buy Serba then

As usual with any mathematics law. The reverse is also true.

tomorrow sslee will Short Sell CapA to below 10 sen if did not managed to meet with Branson wearing mini skirt.

There are no friends and no enemies in stock market.

tomorrow sslee will buy CapA if managed to meet with Branson wearing mini skirt.

It has no meaning.
It is very normal practise to submit a draft to BURSA first to review.
BURSA is very kind, so wants to make sure that your trend of thought is on the right track and is inline with BURSA requirements to get approval.

Otherwise last minute submit PN17 plan and everything is all wrong is already too late. BURSA treats listed companies as their friend.

No meaning at all, normal practise.

BURSA also needs a 12 month solvency test. Thats why its taking so long.

🤣
Satanic Accuser Johny dumped HRC making it go down

Its like sex, after withdrawal there is no interest 🤣

EPF has many sub-contractors, they operate independently.
With so many subcontractors, its very normal for one to buy and another to sell

Post removed.Why?

its a RM1.00 gain from bottom

yeah
I missed it too. I did not expect price recovery to be so fast

Pump & Dump

Dump cycle not finished yet

I found the Maybank Analyst Report on Capital A but report can only be accessed by username password by existing clients.

Just open a share trading account with Maybank at nearest bank branch.
My account is actually with Maybank Investment Bank. I think its the same thingy and should work.

As-salamu alaykum

Kisah Benar

I propose to the gobermen to gimme RM1 Billion as Bantuan Rakyat.
So not a greedy guy RM1 Billion per month from gobermen is enough

hey!!!

look at your own race first lah
Satanic Accuser Johnny, a Chinese only kindergarden level mentality you dun mention?

Post removed.Why?

Germany already stopped incentives for EV.
Thats why Audi, VW and Benz slowed slightly EV production growth to match market demand

I posted this at Public so WTH might as well put here even though most people have both.

1st Tip
i3 is a very good website.
Please click Financial Summary at the top. Its 15M to 25M

2nd Tip
Not Growing is dying

3rd Tip
Please click Financial Summary at the top for Maybank.
Its 30M to 60M
Maybank revenue doubled in 10 years, see for yourself.
of all other ratios, growth is always the most important ratio

never make love to a stock, you owe it to you, to be loyal to only yourself.
When you are loyal to yourself, you can be loyal to your wife, your children and also loyal to Malaysia.

JP Morgan Chase had been growing and growing, so did Maybank


Last Tip
Cannot say more than this.

“Death is a natural part of life, rejoice for those around you who transform into the Force.”
“Through the Force, things you will see. Other places. The future, the past. Old friends long gone.”
“Impossible to see the future is.”
“Of the moment, be. In the moment, live. The art of remaining in the present, learn. Neither the past nor the future exists.”
“Impossible to see the light, the future is.”
“You will find only what you bring in.”
“To be Jedi is to face the truth, and choose. Give off light, or darkness, Padawan. Be a candle, or the night.”

1st Tip
i3 is a very good website.
Please click Financial Summary at the top. Its 15M to 25M

2nd Tip
Not Growing is dying

3rd Tip
Please click Financial Summary at the top for Maybank.
Its 30M to 60M
Maybank revenue doubled in 10 years, see for yourself.
of all other ratios, growth is always the most important ratio

never make love to a stock, you owe it to you, to be loyal to only yourself.
When you are loyal to yourself, you can be loyal to your wife, your children and also loyal to Malaysia.

JP Morgan Chase had been growing and growing, so did Maybank


Last Tip
Cannot say more than this.

“Death is a natural part of life, rejoice for those around you who transform into the Force.”
“Through the Force, things you will see. Other places. The future, the past. Old friends long gone.”
“Impossible to see the future is.”
“Of the moment, be. In the moment, live. The art of remaining in the present, learn. Neither the past nor the future exists.”
“Impossible to see the light, the future is.”
“You will find only what you bring in.”
“To be Jedi is to face the truth, and choose. Give off light, or darkness, Padawan. Be a candle, or the night.”

Malaysian Chinese must move beyond Chinese schools and enter modern era.
Losing all those Chinese schools will be the best thing that ever happened.
look at ewallet.
many spit on it initially

Instead of talking about losing identity as Chinese lah etc etc.
Its time to walk the talk.
In front fake claim that I am a Malaysian.
Behind is another different claim as a chapalang Chinese, must be separate from other Malaysians.
Can the real China accept you as citizen or not?
Its time to burn the boats like Caesar and become a Genuine Malaysian.

No point hanging on to the 1 sen coin that is useless.

My suspicion without evidence is that credit cards is driving Maybank super jump ahead of rival banks

1) to get cash advance you just click click on Maybank website without going to ATM
2) Main credit card competitor Citibank now already taken over is still in confusion

Trade finance also another Maybank strong point.

Maybank has been named Best Trade Finance Provider 2020 in Malaysia by Global Finance
magazine. The award was presented at a special ceremony held in Frankfurt, where
industry leaders of each country were recognised for developing and taking advantage of
new capabilities, whilst monitoring global trends to deliver clients key insights on both
trade and finance.
Under this awards programme, the best trade finance providers were selected by the
editorial review board of Global Finance based on entries from banks and other providers,
as well as input from industry analysts, corporate executives and technology experts.
Criteria for choosing the winners included transaction volume, scope of global coverage,
customer service, competitive pricing and innovative technologies.

Maybank is very transparent about their charges for Trade Finance which you can see here. Customers like that.

https://www.maybank2u.com.my/maybank2u/malaysia/en/business/trade/sme/other/trade_finance_operational_charge.page