Green soon

Rumoured to be 1.80

https://www.theedgemarkets.com/article/sino-huaan-issue-rm150m-redeemable-convertible-notes-fund-business-expansion

Heard will be above rm1.. Betul ka?

Heard will rise above rm1 betul ka?

Another dividend will come next quarter. Management is committed to reward shareholders

Let the sour grapes continue whining about their intelligence. Sale of property only increases cash flows by 8.5 mil not gain on disposal. Gain on disposal is very minimal and its only and accounting entry.

Min 2.40 only will sell

Congrats to those who bought

Coming... Dont miss the boat

Up to you to sell. It will be record year results and dividend. That's all I can say

Record year results coming with dividends

Maybe announce special dividend?

Read my comment on 16 May

Difficult to vote against independent directors for reelection. Some big Kah inside press.. Immediately majority vote for the resolution

Strong quarter due to Cambodia benefiting from trade war. Back to 50 sen very soon

It's nonsensical... Inari has nothing to do with trumps stupid ban on Huawei. Malaysia is still going full steam with 5G and most likely can't run away from Huawei. US will just be left out themselves from the rest of the world

Buy loan stock might as well buy the mother share. Eventually mother share has to be more than rm1 to be viable for loan stock holders to convert

Hopefully the duck don't simply quack again tonight in twitter

Coming..

Trump is a real cause of systemic risk. Textbooks on systemic risk should reflect this

Look at who's buying today

Supposed to be up.. Thanks to Donald duck

Trading yeah maybe sell.. Value investing.. Don't think so.. The more u sell the more ppl collect.. So sell more please

In line with growing rubber glove demand globally, Hartalega will continue with its NGC capacity expansion plans. Plant 5 of NGC facility has commissioned 10 out of 12 lines with remaining production lines to come onstream progressively. Construction of Plant 6 structure has started and the supporting facilities to follow in second half of calendar year 2019. Plant 5 and Plant 6 will each have annual installed capacity of 4.7 billion pieces. A new plant – Plant 7 is also in the expansion pipeline catering to small orders focusing more on specialty products. Plant 7 will have an annual installed capacity of 2.6 billion pieces. The increasing contribution of NGC to Group sales revenue will contribute further to Group earnings.

Since the launch of antimicrobial gloves (AMG) in UK, Hartalega has received orders from customers in over 10 countries. The company is also working on securing Federal Drug Administration (FDA) approval for US market where there is greater awareness among US healthcare professionals on the dangers of healthcare-associated infections. The FDA approval will provide a strong third party testament to the safety and effectiveness of the product. As the new medical product is in its introductory and educational phase, we expectAMG to contribute meaningfully in the coming years. Sales of the AMG is also expected to gain momentum as it will be priced competitively to ensure quick market acceptance.

Due to ongoing commissioning of new capacity within the industry, capacity growth is currently ahead of demand growth. Hartalega believes the new capacity will gradually be taken up in the coming quarters as industry players regulate expansion and market demand for rubber gloves continues to grow globally. Hartalega have also embarked on various cost optimisation and automation initiatives to mitigate potential margin pressure.

Moving forward, Hartalega remains optimistic of the longer term prospects underpinned by growing demand for rubber gloves, ongoing NGC expansion and potential growth of AMG market share.

EForce is going to join the ride?

As long as the donald duck don't simply twitt... And China safely go to Washington in Thurs... Tomorrow should be good day?

Veron_teo.. Ooppsss ekovest seems to have no bearing on this old news of Donald duck... Its rising again... So don't sin gah lan.. Maybe no lan also but still want to sin gah

Ppl already fed up with the news.. Its not new news.. Let's see..

Dont think this Donald duck trade war has any impact on ekovest although it may have on a general market sentiment. Not sure why I think this donald duck is only asking for trouble for the US ppl coz it's not China that's paying the tariffs. Its the US importers that are paying for those tariffs and what they probably do is to pass on the costs to the end consumers in the US.. Unless they want to manufacture themselves. China may lose a bit of business but with a bit of devaluation of Yuan and a bit of discount on their products... They still can sell

Depeche.. What's the news

Tomorrow mana ada market bro

Thanks callbuy.. Luckily I threw

57 sen coming

Tak makan ubat ka?

SEREMBAN (April 21): Prime Minister Tun Dr Mahathir Mohamad’s visit to China beginning on Thursday will focus on attracting investment in three sectors, says Transport Minister Anthony Loke Siew Fook.

Loke, who will accompany the prime minister, said besides the three sectors, attention will also be given to wooing investment in shipping, noting that the main agenda is the promotion of Malaysia’s palm oil industry in the republic.

“We want to attract investments from China in various sectors. What is important is we want them to build their factories here in various industries. We are confident that the good bilateral relations between us will boost investment opportunities in our country.

“We cannot deny that China is a great economic power now, so like it or not we need to attract their investment. They can provide many bilateral trade and investment opportunities for us.

“Secondly, we export raw materials, palm oil, commodities and the like, and thirdly, we can attract more Chinese tourists to Malaysia. So these are the three sectors we want to continue to promote, and I’m confident these efforts would enhance our country’s economic performance,” he said here tonight.

He was speaking to reporters after launching the Harapan sports carnival for the Ampangan state constituency. Also present were Ampangan assemblyman Dr Mohamad Rafie Ab Malek, who is also state Investment, Industrialisation, Entrepreneurship, Education and Human Capital Committee chairman.

Loke, who is also Seremban MP, said Malaysia collaborates with China in many fields including railways, citing a rolling stock centre in Batu Gajah, Perak.

“We also want to collaborate more in shipping, including in further improving our ports’ performance.

“But what we stress in our collaboration with China is that locals are given opportunities, that’s why for the East Coast Rail Link (ECRL) project, we want to raise local participation,” he said, noting that the revised ECRL deal increases Malaysian companies’ role to 40 per cent of works.

Dr Mahathir is making a four-day visit to China beginning on Thursday for the Belt and Road Initiative (BRI) Forum in Beijing, where he will speak at a discussion and a high-level meeting.

He will also meet with Chinese President Xi Jinping, Prime Minister Li Keqiang, and business leaders.

Not quiet anymore... 1.80 coming

Quietly inching up...

Following MYEG.

How come big roadblock at 1.20

Nonetheless, we keep our earnings forecasts unchanged pending more developments and clarity from the situation. Based on a worst-case-scenario, the Public Utilities Board of Singapore will take over the loss-making Tuaspring Desalination Plant without any compensation for Tuaspring, said Affin Hwang Research.

MATERIAL LITIGATION ARBITRATION PROCEEDINGS BY MULTAZAM DEVELOPMENT SDN. BHD. AGAINST FGV PLANTATIONS (MALAYSIA) SDN. BHD. (FORMERLY KNOWN AS FELDA GLOBAL VENTURES PLANTATIONS (MALAYSIA) SDN. BHD.) ARBITRATION NO. AIAC/D/ADM/-662-2019
FGV HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description ARBITRATION PROCEEDINGS BY MULTAZAM DEVELOPMENT SDN. BHD. AGAINST FGV PLANTATIONS (MALAYSIA) SDN. BHD. (FORMERLY KNOWN AS FELDA GLOBAL VENTURES PLANTATIONS (MALAYSIA) SDN. BHD.) ARBITRATION NO. AIAC/D/ADM/-662-2019
Further to our announcement dated 13 November 2018, FGV Holdings Berhad wishes to announce that the solicitors for its subsidiary, FGV Plantations (Malaysia) Sdn. Bhd. (formerly known as Felda Global Ventures Plantations (Malaysia) Sdn Bhd)(974143-H)(“Respondent” or “FGVPM”) has been served with the Statement of Claim by the solicitors for Multazam Development Sdn. Bhd. (“Claimant”) in the matter of an arbitration under the Rules of the Asian International Arbitration Centre, Arbitration No. AIAC/D/ADM/-662-2019 on 16 April 2019. Pursuant to the Procedural Protocol No. 1, the Respondent is directed by the Arbitrator to file its Statement of Defence and Counterclaim by 14 May 2019.

In the Statement of Claim dated 16 April 2019, the Claimant seeks the following reliefs :-

A declaration that the Claimant is entitled to an extension of time for completion of the Works for six (6) months from the date of the last approval by Jabatan Tenaga Kerja;
Alternative to (1) above, a declaration that the Claimant is entitled to an extension of time for completion of the Works for two (2) months and five (5) days from the expected Completion Date;
Alternative to (1) and (2) above a declaration that the Claimant is entitled to an extension of time for completion of the Works for two (2) months from the expected Completion Date;
A declaration that the Respondent is not entitled to impose any amount of Liquidated and Ascertained Damages (“LAD”) against the Claimant;
An award or order that the Respondent pay the Claimant general damages arising from the unlawful termination including loss of profits as may be assessed by the Tribunal pursuant to Section 74 of the Contracts Act 1950;
An award or order that the Respondent pay the Claimant full and actual value of works completed by the Claimant as at the date of the Notice of Termination and as may be assessed by the Tribunal pursuant to Section 74 of the Contracts Act 1950;
Alternatively an award or order that the Respondent pay the Claimant the sum of RM5,648,688.08 pursuant to the unpaid balance of certified value of works completed by the Claimant;
An award or order that the Respondent release the Performance Bond to the Claimant;
Alternatively, an award or order that the Respondent pay the Claimant the sum of RM3,750,000.00 being the sum equivalent to the value of the Performance Bond;
An award or order that the Respondent pay the Claimant interest at rate of 5% per annum from the due dates of respective amounts found payable by the Respondent to the Claimant until full realisation;
Costs of the High Court Suit and/or subsequent appeals;
Cost of this Arbitration; and
Such further or other reliefs as the Tribunal deems fit and appropriate.
Respondent’s Position

Pursuant to the Procedural Protocol No. 1 issued by the Arbitrator, the Respondent is directed to file its Statement of Defence and Counterclaim by 14 May 2019 and the Respondent will do so accordingly.

The Respondent will vigorously defend itself against the claims made by the Claimant, which in the Claimant’s view, are without merits. In addition to defending itself against the claims, the Respondent will be raising counterclaims against the Claimant, which the Respondent is in the process of finalising. The Respondent will provide further update on the matter when the Respondent files its Statement of Defence and Counterclaim.

Financial and Operational Impact

The operational and financial implications to the Respondent if the reliefs are granted, is still too early to ascertain at this juncture.

This announcement is dated 17 April 2019.

Return cash to shareholders - presumably its by way of special dividends...

Selling our aircraft monetises all our aircraft at high prices and avoids residual risk and allows us to return cash to shareholders and invest in our new digital business," said Fernandes

Selling our aircraft monetises all our aircraft at high prices and avoids residual risk and allows us to return cash to shareholders and invest in our new digital business," said Fernandes

Tong karat... Think not so OK now..

JAKARTA (April 16): Indonesia's Rajawali Group on Tuesday denied that its PT Eagle High Plantation Tbk unit was pursuing legal action over Malaysian palm oil plantation agency Felda's plan to walk back on a US$500-million purchase of a stake in the unit.

"Felda and Rajawali, or any subsidiary of Felda or Rajawali, are not or have never been engaged in any court proceeding," Rajawali said in the statement.

A Malaysian official last week said that Eagle High had decided to contest Felda's decision to walk back from its purchase of the stake in arbitration.

1.38 coming soon tongkarat?

Bull is charging

I thought they dismissed this as just a rumour

1.30+++ in the afternoon

Coming back Tongkarat... 1.38 test coming?