Dr M: Malaysia does not need high-speed rail … for now
CYBERJAYA: Malaysia does not feel that a high-speed rail (HSR) system is necessary for now, says Tun Dr Mahathir Mohamad.
The Prime Minister said the country's main focus right now would be to improve its existing rail system through electrification and double-tracking.
“At the moment, a high-speed rail is not too necessary, especially if it is just between Singapore and Kuala Lumpur.
“So we won't build the HSR just yet.
“That can be done, and has been done to some extent by double-tracking and electrification.
“Electrification also does not pollute the environment and, at the same time, allows us to travel at high speed.
“With double-tracking on our railways, this will allow trains to pass each other without having to stop,” said Dr Mahathir, during a question and answer session at a dialogue with the Malaysia Rail Industry Corporation here Tuesday (April 16).
Dr Mahathir also spoke about the possibility of a high-speed rail from Johor Baru all the way to Penang, and possibly, the border of Thailand.
However, he said this was not discussed with Singapore, adding that the arrangement between the two countries was just for the service to be between Singapore and Kuala Lumpur.
Last September, Malaysia and Singapore agreed to a two-year suspension on the HSR project, which ends in May 2020.
The government has reimbursed S$15mil (RM45.6mil) to Singapore for suspending the project.
Read more at https://www.thestar.com.my/news/nation/2019/04/16/dr-m-malaysia-does-n...

Dr M: Malaysia does not need high-speed rail … for now
CYBERJAYA: Malaysia does not feel that a high-speed rail (HSR) system is necessary for now, says Tun Dr Mahathir Mohamad.
The Prime Minister said the country's main focus right now would be to improve its existing rail system through electrification and double-tracking.
“At the moment, a high-speed rail is not too necessary, especially if it is just between Singapore and Kuala Lumpur.
“So we won't build the HSR just yet.
“That can be done, and has been done to some extent by double-tracking and electrification.
“Electrification also does not pollute the environment and, at the same time, allows us to travel at high speed.
“With double-tracking on our railways, this will allow trains to pass each other without having to stop,” said Dr Mahathir, during a question and answer session at a dialogue with the Malaysia Rail Industry Corporation here Tuesday (April 16).
Dr Mahathir also spoke about the possibility of a high-speed rail from Johor Baru all the way to Penang, and possibly, the border of Thailand.
However, he said this was not discussed with Singapore, adding that the arrangement between the two countries was just for the service to be between Singapore and Kuala Lumpur.
Last September, Malaysia and Singapore agreed to a two-year suspension on the HSR project, which ends in May 2020.
The government has reimbursed S$15mil (RM45.6mil) to Singapore for suspending the project.
Read more at https://www.thestar.com.my/news/nation/2019/04/16/dr-m-malaysia-does-not-need-high-speed-rail-for-now/#mJxu3YbrL5YCQq61.99

10/04/2019SHAHRIL BIN SHAMSUDDIN Disposed SAPNRG 240,000,000 shares

09/04/2019 SHAHRIL BIN SHAMSUDDIN Disposed SAPNRG 360,000,000 shares

Eduspec
cash 1.95 million
short term debt 26.45
long term debt 11.61 millions
current liabilities 84.10 millions
financial losses 48.70 millions

RENOUNCEABLE RIGHTS ISSUE OF UP TO 914,828,766 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN VORTEX CONSOLIDATED BERHAD (FORMERLY KNOWN AS SKH CONSORTIUM BERHAD) ("ICPS") ON THE BASIS OF 3 ICPS FOR EVERY 1 EXISTING ORDINARY SHARE IN THE COMPANY OR"SHARE HELD AS AT 5.00 P.M. ON 12 APRIL 2019 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.05 PER ICPS ("RIGHTS ISSUE OF ICPS")
Kindly be advised of the following :
1) The Right commence of trading : 15 Apr 2019
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :16 Apr 2019 3) The last day and time for Acceptance, Renunciation andPayment : 29 Apr 2019
4) The Rights cessation quotation : 22 Apr 2019

TAKE-OVERS & MERGERS PARAGRAPH/RULE 9.19 (47A) UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH KENANGA INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN BIOOSMO BERHAD NOT ALREADY OWNED BY THE JOINT OFFERORS AND THE PERSONS ACTING IN CONCERT) AT A CASH OFFER PRICE OF RM 0.05 PER OFFER SHARE

TAKE-OVERS & MERGERS PARAGRAPH/RULE 9.19 (47A) UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH KENANGA INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN BIOOSMO BERHAD NOT ALREADY OWNED BY THE JOINT OFFERORS AND THE PERSONS ACTING IN CONCERT) AT A CASH OFFER PRICE OF RM 0.05 PER OFFER SHARE

DAYA MATERIALS BERHAD
MATERIAL LITIGATION KUALA LUMPUR HIGH COURT WRIT SUMMONS NO: WA-22M-532-11/2018 BETWEEN EXPORT-IMPORT BANK OF MALAYSIA BERHAD AND DAYA MARITIME LIMITED AND DAYA MATERIALS BERHAD

DAYA MATERIALS BERHAD
MATERIAL LITIGATION KUALA LUMPUR HIGH COURT WRIT SUMMONS NO: WA-22M-532-11/2018 BETWEEN EXPORT-IMPORT BANK OF MALAYSIA BERHAD AND DAYA MARITIME LIMITED AND DAYA MATERIALS BERHAD

Problem malaysia oil gas company. (DAYA - PN17)
https://klse.i3investor.com/blogs/muze/200929.jsp

sumatec ( PN17 )
cash flow 140 thousand , Debt 35.08 millions

24 Jan 2019 SUMATEC HALIM BIN SAAD Disposed 197,298,800 (134,742,000 shares 3.1680 %) halim saad selling....want ...

Halim Saad ceases to be substantial shareholder in Sumatec
KUALA LUMPUR (Jan 24): Businessman Tan Sri Halim Saad has ceased to be a substantial shareholder of Sumatec Resources Bhd, after disposing of 197.3 million shares in the Practice Note 17 company for RM1.1 million.
Sumatec's filing with Bursa Malaysia today showed that Halim sold the block of shares via the open market on Jan 22. This leaves Halim with a 3.168% stake in the group following the disposal.
Halim, once Sumatec's largest shareholder, has been paring down his stake in the group since last year.
For the cumulative nine months ended Sept 30, 2018 (9MFY18), Sumatec posted a net loss of RM1.91 million compared with a net profit of RM1.88 million a year ago. Revenue fell 75.5% to RM2.99 million from RM12.19 million in 9MFY17.
On April 30, 2018, Sumatec announced that its external auditors Messrs Grant Thornton Malaysia had expressed a disclaimer of opinion on the group's audited financial statements for the financial year ended Dec 31, 2017 (FY17).
The auditors were unable to obtain sufficient appropriate audit evidence on the appropriateness of its going concern assumption.
Grant Thornton had highlighted that the group and the company had incurred a net loss of RM113.95 million and RM171.06 million respectively in FY17. The group and the company also recorded negative cash flows of RM15.33 million and RM9.86 million respectively on operating activities for FY17.

24 Jan 2019 HALIM BIN SAAD 197,298,800 units Disposed
23 Jan 2019 HALIM BIN SAAD 62,748,000 units Disposed
21 Dec 2018 HALIM BIN SAAD 54,390,000 units Disposed
12 Dec 2018 HALIM BIN SAAD Disposed 25,000,000
6 Aug 2018 SUMATEC HALIM BIN SAAD Disposed 66,000,000
29 Jan 2018 SUMATEC HALIM BIN SAAD Disposed 127,000,000
18 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 14,200,000
18 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 9,570,000
13 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 6,076,200
12 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 3,000,000
11 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 25,500,000
7 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 10,000,000
7 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 22,500,000
9 Jan 2017 SUMATEC HALIM BIN SAAD Disposed 6,000,000
9 Jan 2017 SUMATEC HALIM BIN SAAD Disposed 8,000,000
6 Dec 2016 SUMATEC HALIM BIN SAAD Disposed 19,000,000
6 Dec 2016 SUMATEC CHAN YOK PENG Disposed 36,799,000
2 Dec 2016 SUMATEC HALIM BIN SAAD Disposed 77,731,000
20 Jul 2016 SUMATEC HALIM BIN SAAD Disposed 46,000,000

Sumatec lodges police report against former director
KAZAKHSTAN / 22 NOV 2018
PETALING JAYA: Sumatec Resources Bhd has lodged a police report against one of its former directors for possible breach of trust and committing offences under the Company Act 2016 by conducting certain transactions without the approval of the board of directors .
The group told the stock exchange that Independent Director and Chairman of the Audit Committee of the Board, Datuk Khalid Ahmad had on November 20 lodged the report with the Commercial Crime Department.
The decision to lodge the police report was made in accordance with the advice and order of the Board of Directors with the recommendation from the managing director to safeguard the interests of the company, the shareholders, other stakeholders and the public.
The director who was a board member of the company from 2003 to 2017 was also a director and shareholder of Tekad Mulia Sdn Bhd during the period in which the alleged act being committed.
“The director, in acting without board authority, was acting in conflict of interest in relation to the transactions involving the divestment of Semua International Sdn Bhd (SISB) and Collateralized Loan Obligation (CLO) Debt settlement (since he was also a Director and shareholder of Tekad Mulia Sdn Bhd), a substantial shareholder of the Company during the period in which the alleged act being committed. The Director has made certain undertaking to the Purchaser and Trustee, Malaysian Trustee Bhd and Bondholders in the Settlement Agreement 2013,” said Sumatec board of directors in the filing.
Checks with Companies Commission of Malaysia (SSM’s) records list former director Chan Yok Peng as a director and shareholder in Tekad Mulia.
The former director also allegedly placed the company’s seal on an agreement without the resolution of the board for a settlement agreement for a CLO Debt for the company’s previous subsidiary SISB. This resulted in Sumatec acknowledging the undertaking to settle around RM80 million, even though the liability has been waived.
He was also found to have been allegedly negligent in handling his duties in relation to the financing of vessels under the Company’s subsidiaries, SISB and Semado Shipping Sdn Bhd, by failing to ensure the takeover of the Sumatec’s guarantees to Bank Pembangunan Malaysia Bhd and Malayan Banking Bhd to Hoe Leong Corp Ltd , a company incorporated and listed on the Singapore Stock Exchange.
As well as failed to procure the guarantee and to replace the company’s guarantee from the controlling shareholder of SISB, Hoe Leong Corporation Bhd as stipulated in the Settlement Agreement 2013 and the company’s Circular to Shareholders dated May 30 2013, which has caused the company to be summoned and face winding-up proceeding for liabilities estimated at about RM350 million.
The director had allegedly acted alone and without the permission of the board of directors in signing the Parental Company Guarantee Agreement” dated May 2, 2016 to the Continental Industrial Supply And Services Limited Liability Company Partnership (CISS.)
This was to secure the payment of the Kazakhstan based oil and gas company, CaspiOil Gas LLP (COG) contract, which resulted in the company paying for arbitration proceedings of about US$6 million.

TAKE-OVERS & MERGERS PARAGRAPH/RULE 9.19 (47A) UNCONDITIONAL MANDATORY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH KENANGA INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN BIOOSMO BERHAD NOT ALREADY OWNED BY THE JOINT OFFERORS AND THE PERSONS ACTING IN CONCERT) AT A CASH OFFER PRICE OF RM 0.05 PER OFFER SHARE
04/04/2019

DYNACIA cash 0.83 millions ,debt 29.59 millions

Iwcity Iskandar Project 10 years in Johor only completed Danga sutera and other projects have not progressed one piling also no do ,no buyer ,without money, and they without the ability to build big projects very lousy company. China Country garden early phase they sold out before they build ,you see for about 2 years, how fast they progress ...
https://www.youtube.com/watch?v=A1_VW3DLSGY

Greenland is the first china company construction progress early stage and stop the project jade palace is the first china company construction progress early and stop the project in johor nearly 3 years already because financial problems. Only country garden danga and R&F is completed project in pantai lido .
https://www.youtube.com/watch?v=Z3H0QqZA9z8

Iwcity Iskandar Project 10 years in Johor only completed Danga sutera and other projects have not progressed one piling also no do ,no buyer ,without money, and they without the ability to build big projects very lousy company. China Country garden early phase they sold out before they build ,you see for about 2 years, how fast they progress ...
https://www.youtube.com/watch?v=A1_VW3DLSGY

No contracts signed, no selfies taken
April 10, 2019
PUTRAJAYA: In contrast to two previous high-profile meetings between Malaysia and Singapore’s premiers, there were no happy selfies taken, and no major infrastructure contracts signed yesterday.
Rather, it was made clear that Malaysia, under Tun Dr Mahathir Mohamad, will not budge easily on key issues that the 93-year-old prime minister considers he has to put to rights, during a joint press briefing with his Singapore counterpart, Lee Hsien Loong, after their 9th Malaysia-Singapore Leaders’ Retreat here.
This was notably seen when Dr Mahathir said Malaysia will not rule out the possibility of resolving the water price issue with Singapore, under the 1962 Johor River Water Agreement, through arbitration.
“For Malaysia, resolving the long-standing issue of water price review is a priority. We were engaged in active negotiations on the review in the late-1990s and early-2000s. Prime Minister Lee and I have agreed to find amicable solutions to this issue, including the possibility of (a) dispute resolution through arbitration on a mutually agreed basis,” Dr Mahathir said.
However, Lee, in his remarks later, reiterated Singapore’s position that Malaysia has lost its right to review the water price but has agreed that the attorney-generals (AGs) of both countries would meet to understand each other’s legal positions. He also noted that the AGs have met and will continue to meet over the issue, until a resolution is achieved.
Lee also highlighted two concerns Singapore has regarding the water supplied from Johor, which are pollution and sustainability of supply.
“Just last week, the PUB (Public Utilities Board, Singapore’s national water agency) waterworks at Kota Tinggi had to shut down because of high ammonia levels, and the source was traced to a palm oil mill in Sedenak in the catchment area. If the Johor River suffers an incident like that which happened in Sungai Kim Kim recently, I think it will be disastrous for both countries.
“The other concern is the long-term sustainable yield of the Johor River. Johor has built water plants on the river, upstream of PUB’s waterworks at Kota Tinggi. These plants, combined with the Kota Tinggi waterworks belonging to PUB, draw from the Johor River quite possibly more water than the river can sustain,” he added.
Hence, Lee said there is a need to study how to meet both Johor and Singapore’s water requirements for the remainder of the water agreement. “It is in both countries’ interest to work together to ensure sustainable water supply for both sides because this will reduce potential for conflict between the two countries,” he said.
While Lee acknowledged Dr Mahathir’s political necessity to press hard for a water price revision, he nevertheless asserted that there are legal preconditions to follow in the 1962 agreement.
“It is a fundamental founding document for us and we have to go according to this document. It is a basic term on which the two countries decided to manage our relationships. So if you look at it, from that point of view, to be able to change that, is a very high hurdle.
So now I can understand Dr Mahathir’s perspective, but I also asked him, I hope that he will be able to see Singapore’s perspective, [on] why this is such a sacrosanct item. Therefore, let us try to find a way forward which enables us to talk constructively about this issue, and hopefully be able to make some progress,” he added.
M’sia wants to take back southern Johor airspace by stages, starting end-2019
Malaysia is also firm on its objective to take back management of the airspace over southern Johor after delegating the task to Singapore 45 years ago, and wants to start doing so by stages, starting from the end of this year, to be completed by 2023.
Dr Mahathir said the high-level committee to review the Operational Letter of Agreement between Kuala Lumpur and Singapore Area Control Centres concerning Singapore Arrivals, Departures, and Overflights signed in 1974 (OLOA 1974) over the airspace has already commenced discussions.
“We have made significant investments in preparation to take back the said delegated airspace and hope that this can be done expeditiously,” Dr Mahathir said.
On this, Lee said Singapore is ready to discuss the matter with Malaysia. He highlighted that key considerations from his side include the safety and efficiency of air traffic operations, and the need and interest of both countries.
“I told Dr Mahathir this is a complex matter that will involve many stakeholders including airlines and ICAO (International Civil Aviation Organization) and cannot easily be rushed,”

No contracts signed, no selfies taken
April 10, 2019
PUTRAJAYA: In contrast to two previous high-profile meetings between Malaysia and Singapore’s premiers, there were no happy selfies taken, and no major infrastructure contracts signed yesterday.
Rather, it was made clear that Malaysia, under Tun Dr Mahathir Mohamad, will not budge easily on key issues that the 93-year-old prime minister considers he has to put to rights, during a joint press briefing with his Singapore counterpart, Lee Hsien Loong, after their 9th Malaysia-Singapore Leaders’ Retreat here.
This was notably seen when Dr Mahathir said Malaysia will not rule out the possibility of resolving the water price issue with Singapore, under the 1962 Johor River Water Agreement, through arbitration.
“For Malaysia, resolving the long-standing issue of water price review is a priority. We were engaged in active negotiations on the review in the late-1990s and early-2000s. Prime Minister Lee and I have agreed to find amicable solutions to this issue, including the possibility of (a) dispute resolution through arbitration on a mutually agreed basis,” Dr Mahathir said.
However, Lee, in his remarks later, reiterated Singapore’s position that Malaysia has lost its right to review the water price but has agreed that the attorney-generals (AGs) of both countries would meet to understand each other’s legal positions. He also noted that the AGs have met and will continue to meet over the issue, until a resolution is achieved.
Lee also highlighted two concerns Singapore has regarding the water supplied from Johor, which are pollution and sustainability of supply.
“Just last week, the PUB (Public Utilities Board, Singapore’s national water agency) waterworks at Kota Tinggi had to shut down because of high ammonia levels, and the source was traced to a palm oil mill in Sedenak in the catchment area. If the Johor River suffers an incident like that which happened in Sungai Kim Kim recently, I think it will be disastrous for both countries.
“The other concern is the long-term sustainable yield of the Johor River. Johor has built water plants on the river, upstream of PUB’s waterworks at Kota Tinggi. These plants, combined with the Kota Tinggi waterworks belonging to PUB, draw from the Johor River quite possibly more water than the river can sustain,” he added.
Hence, Lee said there is a need to study how to meet both Johor and Singapore’s water requirements for the remainder of the water agreement. “It is in both countries’ interest to work together to ensure sustainable water supply for both sides because this will reduce potential for conflict between the two countries,” he said.
While Lee acknowledged Dr Mahathir’s political necessity to press hard for a water price revision, he nevertheless asserted that there are legal preconditions to follow in the 1962 agreement.
“It is a fundamental founding document for us and we have to go according to this document. It is a basic term on which the two countries decided to manage our relationships. So if you look at it, from that point of view, to be able to change that, is a very high hurdle.
So now I can understand Dr Mahathir’s perspective, but I also asked him, I hope that he will be able to see Singapore’s perspective, [on] why this is such a sacrosanct item. Therefore, let us try to find a way forward which enables us to talk constructively about this issue, and hopefully be able to make some progress,” he added.
M’sia wants to take back southern Johor airspace by stages, starting end-2019
Malaysia is also firm on its objective to take back management of the airspace over southern Johor after delegating the task to Singapore 45 years ago, and wants to start doing so by stages, starting from the end of this year, to be completed by 2023.
Dr Mahathir said the high-level committee to review the Operational Letter of Agreement between Kuala Lumpur and Singapore Area Control Centres concerning Singapore Arrivals, Departures, and Overflights signed in 1974 (OLOA 1974) over the airspace has already commenced discussions.
“We have made significant investments in preparation to take back the said delegated airspace and hope that this can be done expeditiously,” Dr Mahathir said.
On this, Lee said Singapore is ready to discuss the matter with Malaysia. He highlighted that key considerations from his side include the safety and efficiency of air traffic operations, and the need and interest of both countries.
“I told Dr Mahathir this is a complex matter that will involve many stakeholders including airlines and ICAO (International Civil Aviation Organization) and cannot easily be rushed,”

Cash 140 thousand, debt 37.99 millions,
current liabilities 101 millions.
financial losses 27.37 millions

1 Mar 2019 PWORTH ABDUL RASHID HUSSAIN Disposed 82,500,000 (398,889,412 shares 9.741%) ) ABDUL RASHID HUSSAIN selling....want ...

11 Dec 2018 PWORTH ABDUL RASHID HUSSAIN Disposed 600,000
14 Nov 2018 PWORTH ABDUL RASHID HUSSAIN Disposed 1,000,000
9 Nov 2018 PWORTH ABDUL RASHID HUSSAIN Disposed 11,000,000
2 Nov 2018 PWORTH ABDUL RASHID HUSSAIN Disposed 10,000,000
1 Nov 2018 PWORTH ABDUL RASHID HUSSAIN Disposed 11,000,000
22 Oct 2018 PWORTH ABDUL RASHID HUSSAIN Disposed 50,000,000 (514,989,412 shares 12.61%)

SCOMI GROUP BHD - MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT TO AXIS BANK LIMITED PURSUANT TO PARAGRAPH 9.19A OF THE BURSA MALAYSIA SECURITIES BERHAD
This announcement is dated 18 March 2019.

Sino Hua-An says diversifying into F&B, mobile app businesses
theedgemarkets.com
April 03, 2019 14:01 pm

Sino Hua-An says diversifying into F&B mobile app businesses

BEHIND THE STORY: China-based firms under scrutiny
https://www.youtube.com/watch?v=htjJk0HF0bA

Cash 140 thousand, debt 37.99 millions,
current liabilities 101 millions.
financial losses 27.37 millions

1 Mar 2019 PWORTH MAHA GAYABINA SDN BHD Disposed 82,500,000 (398,889,412 shares 9.741%) )
MAHA GAYABINA SDN BHD selling....want ...

11 Dec 2018 PWORTH MAHA GAYABINA SDN BHD Disposed 600,000
14 Nov 2018 PWORTH MAHA GAYABINA SDN BHD Disposed 1,000,000
9 Nov 2018 PWORTH MAHA GAYABINA SDN BHD Disposed 11,000,000
2 Nov 2018 PWORTH MAHA GAYABINA SDN BHD Disposed 10,000,000
1 Nov 2018 PWORTH MAHA GAYABINA SDN BHD Disposed 11,000,000
22 Oct 2018 PWORTH MAHA GAYABINA SDN BHD Disposed 50,000,000 (514,989,412 shares 12.61%)

Eduspec
cash 1.95 million
short term debt 26.45
long term debt 11.61 millions
current liabilities 84.10 millions
financial losses 48.70 millions

Eduspec
cash 1.95 million
short term debt 26.45
long term debt 11.61 millions
current liabilities 84.10 millions
financial losses 48.70 millions

cash 960 millions ,debt 6.08 billions

cash 1.79millions ,debt 3.81 millions

cash 4.28 millions ,debt 4.65millions

cash 0.83 millions ,debt 29.59 millions

cash 0.83 millions ,debt 29.59 millions

Proposed Private Placement will involve the issuance of up to 179,686,900 new Orion
Shares representing not more than 30.0% of the existing issued ordinary shares of the Company as at LPD. The Placement Shares to be issued is based on the latest issued share capital of the Company of RM95,637,906 comprising 598,956,390 Orion Shares as at the LPD.

MATERIAL LITIGATION APFT BERHAD Originating Summons No. WA-22NCC-118-03/2019
Originating Summons No. WA-22NCC-118-03/2019
Company wishes to clarify that the basis of the The Notice of Application are as follows and not as what was announced on 19th March 2019 :-
1) Non-compliance of the requisite notice period for convening the Board Meeting held on 25th February 2019;
2) The events transpired before and during the said Board Meeting was not recognised by the Plaintiffs; and
3) To grant an injunction to postponement of carrying into effect the resolutions passed at the Board Meeting held on 25th February 2019.

FGV Holdings bleeds RM1.1b in 2018
KUALA LUMPUR, Feb 28 — FGV Holdings Bhd (formerly Felda Global Ventures) booked a net loss of RM1.08 billion in the financial year ending December 31, 2018, it said in a Bursa Malaysia filing today.
FGV had recorded a net profit of RM403 million in the 2017 financial year.
The firm attributed the decline to impairments and provisions, and to the 24.6 per cent decline in crude palm oil prices vis-a-vis 2017.
“In the fourth quarter, the plantation operations were focused on plugging leaks, revising processes and implementing new controls to bring our estate performance in line with other large players in the industry,” FGV group chief executive Datuk Haris Fadzilah Hassan said.
“Some of these initiatives are already starting to bear fruit, but the improvements will be more visible in 2019.”
The result equates to a RM29.60 loss per share for the 2018 financial year.
Feldal Global Ventures was previously the investment arm of the Federal Land Authority (Felda) and was made publicly listed in 2012 under a controversial initiative by former prime minister Datuk Seri Najib Razak

WINDING UP PETITIONS AGAINST SUMATEC RESOURCES BERHAD BY MALAYSIAN TRUSTEES BERHAD, KERISMA BERHAD, CAPONE BERHAD AND PRIMA UNO BERHAD
that it had on 8.3.2019 informed the Court that it will apply to discharge the appointment of the Official Receiver as the Interim Liquidator. This application is on the footing, amongst others, that the underlying judgment upon which the appointment was made has been stayed by the Court of Appeal on 21.2.2019.

Jason Teoh have two METRONIC shares can buy 4 right issue free 3 warrant

RENOUNCEABLE RIGHTS ISSUE OF UP TO 645,342,048 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 484,006,536 FREE DETACHABLE WARRANTS IN METRONIC ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS FOR EVERY 2 EXISTING METRONIC SHARES HELD BY ENTITLED SHAREHOLDERS OF METRONIC AT 5.00 P.M. ON 20 MARCH 2019
The Right commence of trading : 21 Mar 2019
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 22 Mar 2019
3) The last dayand time for Acceptance, Renunciation and Payment : 09 Apr 2019
4) The Rights cessation quotation : 02 Apr 2019

Muhyiddin recovering well after cancer surgery
Tan Sri Muhyiddin Yassin, who is undergoing chemotherapy after a bout of pancreatic cancer, says he is well on the road to recovery.
PAGOH: Home Minister Tan Sri Muhyiddin Yassin, who is undergoing chemotherapy after a bout of pancreatic cancer, says he is well on the road to recovery.
"Alhamdulillah (Thanks be to God), I am 60 per cent recovered after undergoing a surgery to remove a growth on my pancreas and several sessions of chemotherapy," said the Pagoh member of parliament here today.
Muhyiddin also said he has undergone four out of eight rounds of chemotherapy. It was reported that the treatment would last six months to prevent a relapse.
The former deputy prime minister also said he was fully ready to continue working and serving the country.
"Actually, it has been a long time since I gave a speech but today, I would like to let the people of Pagoh know about my health. The doctors confirmed that I had first-stage pancreatic cancer and advised me to remove the tumour.
"Forty per cent of my pancreas has been removed. My duodenum and bile duct was also removed. I need four more rounds of chemotherapy within the next four months.
"Alhamdulillah, I can now visit my constituency after the first four sessions of chemotherapy. I can now attend Cabinet meetings, party meetings and chair meetings on foreign immigrants," he told constituents during a meet-the-people event at Pagoh Multipurpose Hall here today.
Present were his wife Puan Sri Norainee Abd Rahman and Johor Health, Environment and Agriculture Committee chairman Dr Sahruddin Jamal.
More than 600 constituents attended Muhyiddin's event. This is his first public appearance in Pagoh since undergoing a surgery Mount Elizabeth Hospital in Singapore on July 12.
The Parti Pribumi Bersatu Malaysia president said his health continued to improve after resuming his duties as Pagoh MP on Aug 14.
"When I was unwell, felt week, dizzy and vomitting, I took lots of rest at home and focused on performing acts of worship.
"But when I felt stronger and told my doctor I wanted to return to Pagoh, he was worried that I might catch an infection," he added

Muhyiddin recovering well after cancer surgery
Tan Sri Muhyiddin Yassin, who is undergoing chemotherapy after a bout of pancreatic cancer, says he is well on the road to recovery.
PAGOH: Home Minister Tan Sri Muhyiddin Yassin, who is undergoing chemotherapy after a bout of pancreatic cancer, says he is well on the road to recovery.
"Alhamdulillah (Thanks be to God), I am 60 per cent recovered after undergoing a surgery to remove a growth on my pancreas and several sessions of chemotherapy," said the Pagoh member of parliament here today.
Muhyiddin also said he has undergone four out of eight rounds of chemotherapy. It was reported that the treatment would last six months to prevent a relapse.
The former deputy prime minister also said he was fully ready to continue working and serving the country.
"Actually, it has been a long time since I gave a speech but today, I would like to let the people of Pagoh know about my health. The doctors confirmed that I had first-stage pancreatic cancer and advised me to remove the tumour.
"Forty per cent of my pancreas has been removed. My duodenum and bile duct was also removed. I need four more rounds of chemotherapy within the next four months.
"Alhamdulillah, I can now visit my constituency after the first four sessions of chemotherapy. I can now attend Cabinet meetings, party meetings and chair meetings on foreign immigrants," he told constituents during a meet-the-people event at Pagoh Multipurpose Hall here today.
Present were his wife Puan Sri Norainee Abd Rahman and Johor Health, Environment and Agriculture Committee chairman Dr Sahruddin Jamal.
More than 600 constituents attended Muhyiddin's event. This is his first public appearance in Pagoh since undergoing a surgery Mount Elizabeth Hospital in Singapore on July 12.
The Parti Pribumi Bersatu Malaysia president said his health continued to improve after resuming his duties as Pagoh MP on Aug 14.
"When I was unwell, felt week, dizzy and vomitting, I took lots of rest at home and focused on performing acts of worship.
"But when I felt stronger and told my doctor I wanted to return to Pagoh, he was worried that I might catch an infection," he added

05/03/2019 SEIK THYE KONG Disposed APFT 86,073,300 shares

sapnrg,armada,knm,barakah,velesto heavy volume traded..sucking small investor money...

IRIS market cap 444.9 millions
cash 41.14 million
debt 142.45 millions
financial losses 53.03 millions