CHEONG CHIA CHOU Disposed 64,279,800 shares reduced to 7.62%

2014 CHEONG CHIA CHIEH have 62% PUC stakes he selling reduces to 40% in 2015. In Feb 2016 CHEONG CHIA CHIEH Age 44 died from hemophagocytic lymphohistiocytosis .ESTATE OF THE LATE CHEONG CHIA CHIEH eldest brother CHEONG CHIA CHOU takeover manages operating PUC.
2018 CHEONG CHIA CHOU takeover brother 40% he start selling reduces to 10% reason is CHEONG CHIA CHOU now Age 45 he feel not well in last year .hemophagocytic lymphohistiocytosis is Genetic disease It's not easy to live to 40s is miracle .PUC no family successor so need to reduces to simple controlling stakes like non current asset company shares holding exchange to cash for both family and waiting other people takeover PUC.

2014 CHEONG CHIA CHIEH have 62% PUC stakes he selling reduces to 40% in 2015. In Feb 2016 CHEONG CHIA CHIEH Age 44 died from hemophagocytic lymphohistiocytosis .ESTATE OF THE LATE CHEONG CHIA CHIEH eldest brother CHEONG CHIA CHOU takeover manages operating PUC.
2018 CHEONG CHIA CHOU takeover brother 40% he start selling reduces to 10% reason is CHEONG CHIA CHOU now Age 45 he feel not well in last year .hemophagocytic lymphohistiocytosis is Genetic disease It's not easy to live to 40s is miracle .PUC no family successor so need to reduces to simple controlling stakes like non current asset company shares holding exchange to cash for both family and waiting other people takeover PUC.

Sumatec misses deadline to submit quarterly report, share trade suspension continues
KUALA LUMPUR (Dec 3): Sumatec Resources Bhd has missed the deadline to submit its quarterly report for the financial period ended Sept 30, 2019 (3QFY19).
In a bourse filing today, Sumatec said in the event it is unable to submit its 3QFY19 report on or before Dec 6, trading in its securities will be suspended from 9am on Monday, Dec 9.
However, Sumatec said as its securities have been suspended from trading since Nov 7 following a winding up order against the company, the suspension of trading will continue until further notice.
Sumatec slipped into PN17 status in April 2018 when its external auditors Messrs Grant Thornton Malaysia expressed a disclaimer of opinion on the company's audited financial statements for the financial year ended Dec 31, 2017.
The group received a petition last August from its bondholders demanding payment of RM83.31 million from three collateralised loans they had extended to Sumatec.
Under Bursa Malaysia Securities' Main Listing Requirements, if a listed issuer fails to issue the outstanding financial statements within six months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take, delisting procedures shall be commenced against such listed issuer.

Scomi's PN17 waiver application rejected
KUALA LUMPUR (Dec 3): Bursa Malaysia Securities has rejected Scomi Group Bhd's Practice Note 17 (PN17) waiver application.
In a filing today, Scomi said its application was rejected on Dec 2 as there are concerns on the sustainability and growth potential of the existing/remaining business and its ability to generate sufficient revenue and thus profitability.
"Pursuant to the above as well as Paragraph 8.04 and Practice Note 17 of the Listing Requirements, the Board of Directors of Scomi wishes to announce that the company is now regarded as an affected listed issuer (PN17 company) as it has triggered Paragraphs 2.1(a) and 2.1(e) of PN17 of the Listing Requirements," it said.

SCOMI GROUP BHD - MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT TO EXPORT-IMPORT BANK OF MALAYSIA BERHAD

We refer to the Company’s Announcements in relation to the non-compliance of the Required Public Spread pursuant to Paragraph 8.02(1) of the Listing Requirements and the Board of Directors of MCT wishes to announce that Bursa Securities had vide a letter dated 9 August 2019 granted the Company a further extension of time of six (6) months until 4 February 2020 to comply with the Required Public Spread.

As at 15 November 2019, the public shareholdings spread was 24.59%. The Company currently does not meet the requirement as set out in paragraph 8.02(1) of the Listing Requirements which states that a listed issuer must ensure that at least 25% of its total listed shares (excluding treasury shares) are in the hands of public shareholders.

To rectify the non-compliance with the Required Public Spread, the Company is exploring various options including:

a. Discussing with the Company’s major shareholders on the possibility of selling-down its shareholding to public shareholders;
b. Engaging with investment banks to identify potential public investors to increase public spread via a private placement; and
c. Intensifying communication with potential investors, analysts, research houses and shareholders to instil investor confidence and create better awareness and understanding of the Company’s business to increase take up of shares while retaining public shareholders in the Company.

The Company will continue to monitor the level of public shareholdings and make the necessary announcement in relation to the status of compliance with the Required Public Spread in accordance with the Listing Requirements.

This announcement is dated 21 November 2019.

投资石油天然气公司要小心
https://klse.i3investor.com/blogs/tombthieve/231051.jsp

投资石油天然气公司要小心
https://klse.i3investor.com/blogs/tombthieve/231051.jsp

投资石油天然气公司要小心
https://klse.i3investor.com/blogs/tombthieve/231051.jsp

投资石油天然气公司要小心
https://klse.i3investor.com/blogs/tombthieve/231051.jsp

投资石油天然气公司要小心
https://klse.i3investor.com/blogs/tombthieve/231051.jsp

投资石油天然气公司要小心
https://klse.i3investor.com/blogs/tombthieve/231051.jsp

投资石油天然气公司要小心
https://klse.i3investor.com/blogs/tombthieve/231051.jsp

yong333, Doremi IB puppet Cheong call ikan bilis buy PUC , Cheong Chia Chiu boss selling his shares ... PUC consolidated 5 to 1 ..singaporean boss CCC do same as your post sure like that....

not icon8888 is icon4444

ompany is still in discussion with East Insurance to finalise the terms of the agreement, there has been no material development pertaining to the memorandum of understanding entered by ARB Development Sdn. Bhd., a wholly-owned subsidiary of the Company, with East Insurance.

takeover insurance company meh..? .need discuss so long just only small contract ?....when boss convert finish PA will tell you both disagree term...

Tan Sri Halim Saad
If 2002 was Tan Sri Tajudin Ramli’s year, then 2001 was definitely Tan Sri Halim Saad’s. The two are widely believed to have been part of a cadre of young-ish bumiputera entrepreneurs nurtured by former finance minister Tun Daim Zainuddin in the 1980s.

Both, and others, including Tan Sri Wan Azmi Wan Hamzah, could do no wrong in the roaring 1990s, when they took the groups they founded, TRI (Tajudin), UEM-Renong (Halim), Land and General (Wan Azmi) to heights undreamt of until then.

All, to a man, were laid low by the Asian financial crisis in the late 1990s. Halim struggled to recapitalise and refocus UEM-Renong but the markets were not in his favour the second time around.

He had been luckier before. But some critics would say he is luckier than he should be. The new management and owners of UEM-Renong, namely the government, do not seem to be as diligent as they could be in pursuing the repayment of Halim’s now infamous put. He had first granted the put in 1998 to allay market ire over UEM purchasing Renong shares, an action that created a frowned-upon cross holding.

Still, Halim felt enough about what he thought was Renong’s irrational private placement of shares to raise RM400 million (which would have diluted his minority shareholding) to come out publicly. In the event, Renong’s proposal passed without undue opposition even as Halim sells shares to “repay debt”, say market sources.

But perhaps the more magnanimous might care to say it is better to say “live and let live”. Halim will turn 50 next year. For half his life, he had worked to build a group of companies which now reach into almost every facet of Malaysian life. UEM-Renong group employs over 40,000 people, has over 500 companies, including 13 listed ones.

Halim also went through a rather messy divorce from his first wife Puan Sri Noraini Zolkifli in the late 1990s but seems to have rebuilt his personal life with his second wife Shaesta Said, a niece of entrepreneur Akbar Khan Ali Khan.

By all accounts, the man is also rebuilding his business. He is said to be eyeing real estate in India, among other ventures.

His Mid Valley Megamall office is more spacious and airy than his formerly cramped space in the MACOBA building in Jalan Syed Putra, though not quite what one could call “luxurious”.

And though he may be in the midst of reinventing himself, like Tajudin, unlike Tajudin, Halim has never been known to be “a humble man”.

Halam Saad Gagal Dalam Kes Rayuan Saman RM1.8 Bilion
PUTRAJAYA: Hartawan Tan Sri Halim Saad gagal dalam rayuannya untuk mengembalikan semula saman RM1.8 bilion yang difailkan terhadap Khazanah Nasional Berhad dan dua yang lain berhubung penyelesaian untuk melepaskan pegangan dalam Renong Berhad.
Tiga anggota panel Mahkamah Rayuan yang dipengerusikan Hakim Datuk Zaharah Ibrahim sebulat suara menolak rayuan Halim yang difailkan dalam usaha untuk menukar keputusan Mahkamah Tinggi yang membatalkan samannya terhadap tiga responden.
Kami dapati kesimpulan yang dibuat Hakim Mahkamah Tinggi bahawa dakwaan plaintif (Halim) jelas tidak mapan atas alasan tempoh had masa telah ditetapkan dan persetujuan dan penyelesaian, adalah betul," katanya.
Hakim Zaharah yang bersidang dengan Hakim Datuk Mah Weng Kwai dan Datuk Varghese George Varughese, memerintahkan Halim untuk membayar kos perundangan RM25,000 kepada Khazanah dan RM25,000 lagi kepada bekas menteri di Jabatan Perdana Menteri Tan Sri Nor Mohamed Yakcop dan kerajaan.
Pada 31 Oktober, 2013, Hakim Mahkamah Tinggi Datuk Hanipah Farikullah membenarkan permohonan yang dibawa oleh Khazanah, Nor Mohamed Yakcop dan kerajaan untuk membatalkan saman Halim memandangkan ia (saman itu) difailkan selepas tempoh had masa enam bulan berakhir seperti yang ditetapkan mengikut Akta Had Masa 1953.
Bekas pengerusi eksekutif Renong Bhd itu memfailkan saman terhadap Khazanah, Nor Mohamad Yakcop dan kerajaan pada 17 April 2013 bagi menuntut semula pampasan lebih RM1.8 bilion kerana menjual kepentingannya dalam syarikat.
Dalam pernyataan tuntutan, Halim berkata pada 2001 beliau memiliki 372,000,000 saham berjumlah hampir 16 peratus daripada modal terbitan dan berbayar Renong, menjadikan beliau pemegang saham individu terbesar Renong.
Beliau berkata pada November 2002, Nor Mohamed dilantik sebagai pengarah Khazanah dan pada bila-bila masa yang penting, Renong memegang kepentingan besar dalam modal terbitan dan berbayar sebuah syarikat dikenali sebagai United Engineers (M) Bhd (UEM).
Halim mendakwa beliau dipujuk oleh Nor Mohamed selaku wakil kerajaan agar beliau menerima tawaran itu dan melepaskan Renong dan UEM.
Beliau menuntut RM1.3 bilion, ganti rugi am bagi pelanggaran pemilikan Renong, serta RM508 juta bagi nilai modal berbayar Kualiti Alam Sdn Bhd untuk penyelesaian kerugian yang dialaminya untuk menyelamatkan Kumpulan Fleet dan ganti rugi bagi salah nyata fraud.

Tan Sri Halim Saad's Weekend Marriage Legal In Malaysia?
The Renong chairman, Tan Sri Halim Saad, married the niece of the finance minister's new kid on the corporate block, in a glittering wedding in Singapore over the weekend. Bolehland's best and brightest turned up for the glittering show that one comes to expect when corporate tycoons running away from their bankers decide to take a new wife. Which is exactly what Tan Sri Halim did. Renong is a leading Malaysian conglomerate in more ways than one: it is officially favoured, it has debts it cannot repay, but it continues to get contracts galore from a grateful government -- it has just got a contract to build a dam in Singapore. But its corporate jets have disappeared, and money does not flow like water any more, it is more like urine flowing from one suffering from prostate problems.
The grand show put on for the wedding served more than one purpose: besides the uniting of lovebirds after the Tan Sri's messy divorce in which his ex-wife wants to take him to the cleaners, it is also a warning and signal to those who have doubts about the long term viability of Renong and its sister-company, UEM, that all is well.
But reading through the press reports about the wedding, one thing struck me. There is no mention anywhere in these reports of his marriage under shariah laws. The impression one gets -- and I showed the reports to several Muslim friends -- is that it is a civil wedding.
With the Prime Minister insisting in his speeches around the country that PAS is not Islamic, how could such a wedding take place without paying homage to Islam as the country's official religion? Unless, of course, the Muslim ceremony took place in Malaysia. As far as I know, that did not take place. I could, of course, be mistaken. But given the high prominence of the wedding in Singapore, it is fair to assume that a similar wedding in Malaysia would have been as high profile. The Prime Minister, who dismissed a deputy prime minister because he believed he went against Muslim sensibilities, cannot have this become an electoral issue. When I called a PAS ulamak friend to check on this, it was he who raised the question before I did. This means that until and unless Tan Sri Halim Saad comes clean and is unequivocal about his Muslim marriage, the fallout would be worse than his messy divorce from his first wife.
In the highest reaches of Bolehland's corporate and political world, marriages are made not in heaven but in bank and corporate parlours. Tan Sri Halim, 45, married a Singapore lawyer working in Malaysia, Shaesta Said, who is 25 or 29 (depending on whether you want to believe AFP or Bernama), a niece of Dato' Akhbar Khan, the latest entrant in the highstakes contest to acquire the most debt in the shortest possible time. He is one of three parties attempting to take
control of the CLOB Malaysian shares, which fell foul of the KLSE's re-registering them. Tan Sri Halim is chairman of the Renong-UEM combine which with Telekoms is the third entrant. Given the way these things work in Bolehland, the Prime Minister is outclassed in this affair. Both Tan Sri Halim and Dato' Akhbar Khan are acolytes of the Penghulu; while the second of the three proposals is submitted by Tengku Abdullah, whose relationship with the Prime Minister is well known; unless he can come with a brighter plan, the Pengulu now marches ahead in the grand plan to acquire the suspended Malaysian shares.
The arrogance with which these things are conducted is the stuff of Bolehland legend. Tan Sri Halim Saad must come clean on the status of his Muslim marriage, where it was held and when. Especially when it is the official view in Malaysia that a marriage between Muslims, one of whom is a Malaysian, overseas is not recognised unless it is conducted according to Muslim rites.

doremi IB puppet coming...

doremi 你不在lambo了

limyauc
The ICPS may be converted into new fully-paid Shares at theConversion Price in the following manner:-
(i) by surrendering 2 ICPS (which are issued at an issue price of RM0.08 each) without additional cash payment to arrive at the Conversion Price of RM0.16 for 1 new Share; or
(ii) by surrendering 1 ICPS (which is issued at an issue price of RM0.08 each) with additional cash payment of RM0.08 to arrive at the Conversion Price of RM0.16 for 1 new Share.Premised on the terms of the ICPS, subject to adjustments, the ICPS can be converted into new Fintec Shares on any market day commencing on and including the issue date of the ICPS up to and including the maturity date.Any ICPS that are not converted would be mandatorily converted into new Fintec Shares on the maturity date.If the conversion results in a fractional entitlement to Fintec Shares, such fractional entitlement shall be disregarded and no refund or credit, whether in the form of the ICPS, cash or otherwise,shall be given in respect of the disregarded fractional entitlement.If the maturity date of the ICPS falls on a non-market day, then it will fall on the preceding market day.

可以按以下方式以转换价将ICPS转换为新的缴足股款：-
（i）交回2份ICPS（以每股0.08令吉的发行价发行）而无需支付额外现金，以换得1股新股的转换价为0.16令吉；要么
（ii）交回1份ICPS（以每股0.08令吉的发行价发行）并额外支付0.08令吉的现金，以换得1股新股的转换价为0.16令吉。 ICPS可进行调整，可在ICPS发行日（包括当日）（包括到期日）的任何市场日将ICPS转换为新的Fintec股份。任何未转换的ICPS将强制转换为新的Fintec。到期日的股份。如果转换导致获得Fintec股份的部分权利，则应忽略该部分权利，并且对于被忽略的份额，不得以ICPS，现金或其他形式给予退款或信贷如果ICPS的到期日在非市场日，则它将在前一个市场日。

FINTEC-PA
Conversion Price : 0.1600
Conversion Ratio : 2:1

No of shares - 15,979,000,000 ( almost 15.97 Billions unit )
Flooded of Shares - No way to go UP
Holland SAPNRG !

No of shares - 15,979,000,000 ( almost 15.97 Billions unit )
Flooded of Shares - No way to go UP
Holland SAPNRG !

flyingkite cut segment fly away....

china stock like red..they play red movement

reredoremi hidden already ...reredoremi is DING puppet

gpacket-wb
conversion price 0.40

2 year losses 700mil same as MAS ,long term flight is bleeding business

London Biscuits' defaults rise to RM111.71 mil as it fails to pay RHB Bank
November 12, 2019
KUALA LUMPUR (Nov 12): Practice Note 17 (PN17) company London Biscuits Bhd has again defaulted — this time on principal payments to RHB Bank that amounted to RM22.52 million.
In a bourse filling, the confectionery manufacturer said the default, dated Oct 2, was due to “cash flow constraint”.
“The company is currently assessing the significant impact of the default in payment on the business, financial and operations of the remaining business of the group,” it added.
The group previously announced that it had defaulted on payments amounting to RM89.19 million to seven banks between June 19 and Sept 20 this year. The seven are: Bank Islam Malaysia Bhd, Bank of China (Malaysia) Bhd, Malayan Bank Bhd, United Overseas Bank Bhd, OCBC Bank (Malaysia) Bhd, OCBC Al-Amin Bank Bhd and HSBC Bank Malaysia Bhd.
The announcement today brings its default tally to RM111.71 million.
The group is currently facing a winding-up petition. Lim San Peen of PricewaterhouseCoopers Advisory Services Sdn Bhd has been appointed the interim liquidator.
London Biscuits shares rose 28.57% or two sen to close at nine sen today, with a market capitalisation of RM26.17 million, after trading volume spiked to 11.46 million, 68% more than the average 6.81 million shares seen in the past 200 days

mudajaya cash flow 292 million ,short term debt 422 million , long term debt 476 million, current liabilities 754 million

arbb-pa
conversion price 0.20
shares issued 825.15 million 2024 year expiry automatic convert to arbb

sapnrg-pa
conversion price 0.41
shares issued 2.396 bilion 2024 year expiry automatic convert to sapnrg

sapnrg-pa
conversion price 0.41
shares issued 2.396 bilion 2024 year expiry automatic convert to sapnrg

sapnrg-wa
conversion price 0.49

sapnrg-wa
conversion price 0.49

cash flow 1.1 billions,
HUGE DEBT: short term loan 2.5 billion ,long term loan 8.9 billions ,
current liabilities 4.79 billions

cash flow 200 mil ,
HUGE DEBT: short term loan 1.88 billion ,long term loan 1.73 billions ,
current liabilities 4.5billions

投资OIL/GAS公司要小心
https://klse.i3investor.com/blogs/tombthieve/231051.jsp

7 Nov 2019 CHEONG CHIA CHOU Disposed PUC 63,913,043 units

Based on the available information, the Board understands that Lin Liying and Lin Houzhi are defendants in cases brought by banks / financing houses as they were party to loan agreements or guarantors for financing.In the Board’s opinion there is insufficient information on the individual legal cases and underlying contracts for the Board to form an opinion on the potential options for civil action to challenge judgments or otherwise recover damages at this stage and the decision to pursue and fund litigation in China will need to be put before shareholders.

Checks on the properties carried out by our auditors for the 2016 Annual Report confirmed that the factory and land is currently being used by a third party, Quan Zhou City Huayang Shoes Material Technology Co. Ltd

We are informed that the debts in the cases above that have not been settled have been handed over to the court of China for enforcement procedures but have been unable to get further information or confirmation of specific details except inrelation to the China Construction Bank matter as set out in the note to the Table, where mortage property was put up for auction.

Litigation in 2017: There were 3 cases in 2017, and the total amount posted in the litigation was above RMB 17.357 million yuan.

Litigation in 2016: There were 14 cases from 2016 and the total amount in the objects of litigation was above RMB 450.972 million yuan (excluding the objects of litigation of unknown cases).

Litigation in 2015: There were 5 cases reported to have been taken in 2015. The total amount in the objects of litigation was above RMB 31.002 million yuan (excluding the objects of litigation of unknown cases)

5. Litigation in 2014: There were 2 cases in 2014. The total amount that was the subject of the litigation was RMB 18.8 million yuan

According to the available but incomplete data, Jinjiang Baixing Shoe Materials Co., Ltd. was reported to be involved in 24 lawsuits from 2014 till April 2018. The financial amounts involved in the lawsuits were approximately RMB 518.13 million yuan (excluding the objects/value of subject matter of litigation where not stated).