"I am obliged to tell you that I have more than 70 million shares and I must have been partially responsible for the price to go up in the last few days." kerja KYY rupanya

TA Securities raised target from RM 0.55 to RM 0.79 with a sell recommendation (refer to report issued on 26 March 2018). Don't just refer Kenanga or any posts by promoters or detractors in i3. Take every party's comment with a pinch of salt

i personally don't support this old man but it is not a good thing to spread false news about other la...

and I don think kyy's account is suspended....

http://www.koonyewyin.com/

what is the intention of cpng doing this...?

kyy is politically suspended

http://www.sinchew.com.my/node/1738652

Eversendai Corp Bhd, one of the country’s leading structural steel fabricators, is bidding for projects worth RM12 billion, mainly in the oil and gas (O&G) industry worldwide.

Eversendai executive chairman and group MD Tan Sri AK Nathan said the company has tendered for O&G projects in Africa, the Middle East and Europe — with winning chances of over 10%.

He said the projects will be undertaken by Eversendai Offshore RMC FZE — the Dubai-based O&G arm of Eversendai.

“We have tendered RM12 billion worth of O&G jobs and we will continue to maintain the number. Our chances of winning has been between 5%-10%, but now with a three- year track record, the chances are definitely higher,” he told the Malaysian media after the sea trial of Eversendai Offshore’s self-propelled jack-up barge, Vahana Aryan (picture), in Ras Al Khaimah, United Arab Emirates (UAE).

Vahana Aryan, one of the two liftboats awarded to Eversendai Offshore, is being built at Eversendai’s fabrication yard in RAK Maritime City in the UAE.

For the full financial year ended Dec 31, 2017, Eversendai reported a net profit of RM86.51 million, versus a net loss of RM278.88 million that was reported a year ago.

Its revenue was also 15.67% higher at RM1.83 billion, from the RM1.58 billion reported in the previous year. Currently, the O&G business contributed to 15.4% of the group’s revenue.

Eversendai Offshore CEO Narish Nathan said the firm, which was only established three years ago, has pre-qualified to secure projects from Saudi Arabian Oil Co (Saudi Aramco).

He said Saudi Aramco alone is expected to dish out O&G projects that would involve some 100,000 metric tonnes of steel, in the next two to three years.

“We have not taken into account the other major players in the Middle East,” he added.

Narish said Eversendai Offshore has also tendered for projects in Mozambique, Iran and Qatar, apart from the larger Middle East and European regions.

“With a waterfront facility in Ras Al Khaimah, we can actually serve the world,” he said, adding that the facility currently runs at 55%-60% of utilisation rate and powered by 1,500 employees.

“With that utilisation rate, it shows that we can actually take more projects,” Narish said.

Eversendai Offshore’s current clients include Petroliam Nasional Bhd and Saudi Aramco, which are served via the 30-acre (12.14ha) Ras Al Khaimah facility.

On Vahana Aryan, Nathan said it will be the first Malaysian-built and -owned liftboat.

NVahana Holdings Sdn Bhd, Nathan’s private vehicle which is also the majority shareholder of Eversendai Corp, is the owner and operator of the self-propelled liftboat.

Eversendai Offshore embarked on the project with in-house engineering in 2014 and started the actual construction in mid-2016, after several delays.

The total construction cost was US$102 million (RM398.82 million), some US$12 million more than the initially estimated US$90 million.

Nathan said the second jack-up liftboat is expected to be completed for sea trial next year, after Vahana Aryan secures a charter contract.

“After the first vessel is chartered, the bankers will have more confidence in funding the construction,” he said, adding that the construction is currently placed on hold at 30% progress.

Nathan said Vahana Aryan had to pay for variations due to several changes in specifications to suit market needs.

He said Vahana Aryan had started receiving enquiries from potential clients, and the company is expected to seal a charter contract in the next two to three months.

“Charter rates are getting better in the region and we are looking at short-term charter contracts of between six and 12 months.

“Rates are depending on supply and demand. In the Middle East region, we have seen supply shrinking, while demand

picking up,” Nathan said. Narish said Vahana Aryan has incorporated the best-in- class equipment with a 200- men accommodation capacity combined with a large deck space and lattice type legs that are more transparent to the wave action, and it is equipped with Dynamic Positioning System 2.

The 300-tonne crane with a 45m boom length gives a load handling capability to service the wellhead platforms.

Unlike floating vessels, a liftboat is not affected by weather, thus providing a stable platform for work in all types of conditions, which would cut non-productive time for clients considerably.

He said Vahana Aryan is a time- and cost-effective solution for maintenance of offshore platforms with its capability to quickly move between locations, without the use of external tugs.

“Liftboats are mainly focused on the operating expenditure budgets of oil companies. There is a substantial number of long-serving platforms in the Middle East and Asia regions, and liftboats will be used to maintain these platforms,” he added.

Vahana Aryan is expected to be delivered and handed over for full operations at the end of April 2018.

I believe because of this news:

https://themalaysianreserve.com/2018/03/23/eversendai-bidding-for-rm12b-og-jobs/

when the share price is rising, everyone is chasing but when the share price is falling, everyone comes out to condemn it... Sendai is a very good example... those who come out attacking it are no better than the one who keeps on promoting it....

from mbsb to sendai... ZZzz

he is selling his holding in hengyuan, didn't mention other companies

P365 Cloud – Service Platform Growth
Following on the previous update, the all-new P365 Cloud service platform is in the final stages
of completion and will be ready for deployment of new platform solutions. In anticipation of this
next exciting phase, we are in the process of a major hiring exercise to assemble a new, strong
engineering team to execute on the rapid development on our platform roadmap. It is planned
that we will launch of new platform solutions to the market by the mid of 2018.

These new solutions will carry the core enablement of community building and engagement,
digital transformation, mobility, data and e-commerce to enhance our customers’
competitiveness and growth in their business.

IFCA Accelerator Program (IAP)
The IAP program was formally launched in partnership with Google in mid-Q4 of 2017 and to date, we have received many applications from start-ups to participate in this program. Currently, we are in the process of evaluating these applications and we will have a shortlist of potential
partners and investee start-ups in the coming quarters.

We trust the synergy of these start-ups combine with the market leadership of IFCA will
accelerate the speed of innovation and bring even better solutions to the property market. These
start-ups will be an interesting avenue of growth for IFCA

quarterly result - not excellent but not that bad. half sen dividend is proposed

One of the Main Market listing requirements specifies at least 25% of a company's listed shares must be in the hands of public shareholders. Sendai is not in compliance with this requirement and henceforth, they must announce the status of its efforts to comply with the requirement for each quarter of its financial year simultaneously with the quarterly reports and in any event, not later than 2 months after the end of each quarter of a financial year.

this is not a place for you to post your stupid ad...

this is not a place for you to post your stupid ad...

naysayers again. agreed with dicky

12 months from August 2017

sendai is not a bad co. do your own research and dont simply listen to the naysayers, there are a lot of good co. with similar situations as well

MBSB is one of EPF's major investments.. top 5 investments !!

it has been 2 weeks since I visited this forum, now it becomes someone's place to bickering about who's right and who's wrong.... i thought everyone would be happy about mbsb's surge.... ZZzzzz

why sounds familiar? by the way, am holding these two at its lowest point... bought these because of its future not because of kyy...

hahahaha.. so many naysayers in this forum... so many people finding ways to influence others not to buy this stocks, be it through a detailed article, through a thorough analysis, by throwing quotes from warren buffett, through vulgarities, through inciting fears, etc. what is your motive of doing this? r u the buying these stocks? is it your money? if you agree sendai is a stock to buy, buy it or else if you don't think so, don't buy it or for the sake of freedom of speech, give your advice or voice your suggestion on why u don't think so... no need to go so low just because people are doing what is different than you are...

MATERIAL LITIGATION Shah Alam High Court Civil Suit No. BA-22NCVC-643-11/2017 between Translift Sdn Bhd (Plaintiff) and Eversendai Oil & Gas (M) Sdn Bhd (EOG), a subsidiary of Eversendai Corporation Berhad (the Company)

Further to our announcement dated 23 November 2017, the Board of Directors of the Company wishes to announce that parties have mutually agreed to refer the above matter to arbitration. Accordingly, the suit filed in the Shah Alam High Court has been withdrawn on 14 December 2017 by the Plaintiff.

This announcement is dated 15 December 2017.

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) plans to disburse RM500mil under the Islamic financing scheme to Telekom Malaysia Bhd (TM) vendors.

“The scheme is the bank’s latest initiative to penetrate the small and medium enterprise segment by providing financing facility,” he told reporters after the signing of the memorandum of understanding between MBSB and TM here. — Bernama

The Board has declared a first interim single-tier dividend of RM0.001 per ordinary share in
respect of financial year ending 31 December 2017. The dividend will be paid on 8 January 2018
to shareholders whose name appear in the Record of Depositors at close of business on 20
December 2017. There was no dividend paid during the FPE 30 September 2017 (FPE 30
September 2016: Nil).

good profit, strong cash flows, less debt !!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5617873

don't think lembaga tabung haji would dispose it soon...

Sebaliknya para pelabur dibenarkan untuk memegang pelaburan dalam sekuriti tidak patuh Syariah sekiranya harga pasaran sekuriti tersebut berada di bawah kos pelaburan. Sepanjang tempoh pegangan sekuriti tidak patuh Syariah, para pelabur juga dibenarkan untuk menyimpan
dividen yang diterima sehingga jumlah dividen yang diterima dan harga pasaran sekuriti tidak patuh Syariah tersebut bersamaan dengan kos pelaburan. Pada ketika ini, para pelabur dinasihatkan untuk melupuskan pegangan mereka.

“Sekuriti patuh Syariah” yang kemudiannya bertukar status kepada “tidak patuh Syariah”

Ini merujuk kepada sekuriti-sekuriti yang sebelum ini diklasifikasikan sebagai patuh Syariah tetapi, oleh kerana beberapa faktor seperti perubahan dalam operasi perniagaan syarikat dan kedudukan kewangan, kemudiannya diklasifikasikan sebagai tidak patuh Syariah. Oleh yang demikian, sekiranya pada tarikh senarai kemas kini berkuat kuasa (24 November 2017), harga pasaran sekuriti tersebut melebihi atau bersamaan dengan kos pelaburan, para pelabur yang memegang sekuriti tidak patuh Syariah tersebut mesti melupuskannya.

Sebarang dividen yang diterima sehingga tarikh pengumuman dibuat serta keuntungan modal hasil daripada pelupusan sekuriti tidak patuh Syariah tersebut pada tarikh pengumuman dibuat, boleh disimpan oleh para pelabur. Walau bagaimanapun, sebarang dividen yang diterima dan lebihan keuntungan modal yang diterima hasil daripada pelupusan sekuriti tidak patuh Syariah selepas hari pengumuman, hendaklah disalurkan kepada baitulmal dan/atau badan-badan kebajikan.

MATERIAL LITIGATION Shah Alam High Court Civil Suit No. BA-22NCVC-643-11/2017 between Translift Sdn Bhd (Plaintiff) and Eversendai Oil & Gas (M) Sdn Bhd (EOG), a subsidiary of Eversendai Corporation Berhad (the Company)

The Board of Directors of the Company wishes to announce that EOG has received a signed and sealed Writ of Summons and Statement of Claim on 22 November 2017 at 4.00pm from the Plaintiff abovementioned, claiming for a total sum of RM3,205,000.56 from EOG for various works related to the TGAST (Package A) project.

The Company is of the view that EOG has a good defence against the Plaintiff’s claims.

Case Management for the above matter is fixed on 14 December 2017.

Further announcement on the development of the above matter will be made as and when necessary.

This announcement is dated 23 November 2017.

i like his style of writing... hahaha

agree with chokra

ini bukan tempat untuk u tulis benda bodoh !!

IFCA, that turns 30 this year, is a software solutions provider to property businesses in Malaysia and overseas. In 2015, it launched Property365 - the first real-time transactional property e-marketplace in Malaysia.

From an earnings perspective, the company's net profit was hit last year falling 98% year-on-year to RM518,000 for FY2016. Cho talks about what happened and how they plan to build a sustainable income stream moving forward.

He also reveals that the company is in M&A talks.

"We are looking at M&A...We have been in talks in the last few months with a lot of people.. we are quite a conservative company... So we don't look at weird business models that claims to have a lot of potential.. because we have a lot of experience in the property sector so we will use that to gauge the potentials.. and if they are good, we will look at investing into them," he tells BFM in an exclusive interview.

Cho says they are "scouring the market" but have yet to make a "big move". "We are talking to some but there is no definite timeline.. both parties have to agree on a common future," he notes.
IFCA is sitting on cash of RM69 million as at June 30, 2017.

Cho believes that while they want to grow and transform IFCA, they have to do it fundamentally well.

On behalf of the Board, RHB Investment Bank wishes to announce that the Company had on 7 November 2017 received the 9th Subscription Notice from Macquarie Bank for the subscription of 800,000 Eversendai Shares at a subscription price of RM0.90. The said subscription price of RM0.90 represents a discount of approximately 7.78% to the 5-day VWAP of Eversendai Shares during the 5 consecutive Trading Days up to and including 6 November 2017 of RM0.9759.

there will definitely a naysayers like speakup and ying chai talk 3 talk 4 when the share price is in the rise. they are like this, always diam diam .want the price to fall... common. ai

For information purposes, the Issue Price for the Consideration Shares represents a discount of
approximately 1.12% to the five (5)-day VWAP of MBSB Shares of RM1.1125 up to and
including 3 November 2017, being the last trading day prior to the date of the SPA.

On behalf of the Board, RHB Investment Bank Berhad (“RHB Investment Bank”) and AmInvestment
Bank Berhad (“AmInvestment Bank”) wish to announce that MBSB had on 6 November 2017 entered
into a conditional share purchase agreement (“SPA”) with the Vendors for the proposed acquisition by
MBSB of the entire equity interest in AFB from the Vendors for an aggregate purchase consideration of
RM644,952,807.66 (“Purchase Consideration”). The Purchase Consideration will be satisfied through
a combination of cash amounting to RM396,894,036.26 (“Cash Consideration”) and the issuance of
225,507,974 new ordinary shares in MBSB (“Consideration Share(s)”) at an issue price of RM1.10 per
Consideration Share (“Issue Price”) (“Proposed Acquisition”).

macquarie is subscribing it aggressively !!

On behalf of the Board, RHB Investment Bank wishes to announce that the Company had on 6 November 2017 received the 8th Subscription Notice from Macquarie Bank for the subscription of 600,000 Eversendai Shares at a subscription price of RM0.90. The said subscription price of RM0.90 represents a discount of approximately 6.85% to the 5-day VWAP of Eversendai Shares during the 5 consecutive Trading Days up to and including 3 November 2017 of RM0.9662.

of course don't be like ekovest lor.. im holding mbsb since post right issuance in 2016...

later like ekovest... lol

MBSB - REQUEST FOR SUSPENSION

MALAYSIA BUILDING SOCIETY BERHAD

Kindly be advised that at the request of MBSB, trading in the Company's shares will be suspended with effect from 9.00 a.m., Monday, 6 November 2017 pending a material announcement. 

As such, all structured warrants relating to MBSB will also be suspended at the same time.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5592993

On behalf of the Board, RHB Investment Bank wishes to announce that the Company had on 1 November 2017 received the 7th Subscription Notice from Macquarie Bank for the subscription of 600,000 Eversendai Shares at a subscription price of RM0.90. The said subscription price of RM0.90 represents a discount of approximately 5.78% to the 5-day VWAP of Eversendai Shares during the 5 consecutive Trading Days up to and including 31 October 2017 of RM0.9552.



This announcement is dated 1 November 2017

short term wise, the share is worth at least RM 1.50....

ccmeow, welcome... my avg cost is 0.924... i intend to do so as well....