proposed disposal pre-tax gain of about RM6.07 million

share sale agreement (“SSA”) with Million Vision Development International Limited (“Purchaser”) for the proposed disposal of its entire 92.31% equity interest comprising 260,619,365 common shares of USD0.0001 each in REDtone Asia Inc. (“REDtone Asia”), a company quoted on the Over-The-Counter Bulletin Board, United States of America (“USA”) (“Sale Shares”) to the Purchaser for a consideration of RMB38.31 million (equivalent to RM23.78 million)

The Proposed Disposal will not have any effect on the issued and paid-up share capital and substantial shareholders’ shareholdings of RIB.
The Proposed Disposal is not expected to have any material impact on the NA and gearing of the RIB Group for the current financial year ending 30 April 2017. However, the Proposed Disposal is expected to result in a pre-tax gain of about RM6.07 million at RIB Group.

any news? price going uuupps

Ayam Tua
ari ni ada market?

5211 SUNWAY SUNWAY BERHAD
Quarterly rpt on consolidated results for the financial period ended 30/09/2015
Quarter: 3rd Quarter
Financial Year End: 31/12/2015
Report Status: Unaudited
Submitted By:
( in 000)
Revenue 951,043
Profit/Loss Before Tax 170,956
Net Profit/Loss For The Period 139,478
Basic Earnings/Loss Per Shares (sen) 7.54
Dividend Per Share (sen) 26.00


Are we entitle for 26sen dividend ??!!

external auditor resigned
The Board of Directors ("Board") of CAP wishes to announce that Messrs BDO has tendered their resignation as the Auditors of the Company for the financial year ending 31 December 2015 vide their letter dated 20 November 2015.

Pursuant to Section 89(2) of the Companies Act, 1981 of Bermuda, their resignation will be effective only after new Auditors have been appointed.

The Board further wishes to announce that Messrs PKF has been nominated as Auditors of the Company for the financial year ending 31 December 2015. The appointment of Messrs PKF as new Auditors in place of resigning Auditors is subject to the approval of shareholders being obtained.

A Circular to Shareholders containing details of the proposed appointment of Auditors in place of resigning Auditors will be sent to the shareholders of the Company in due course.

This announcement is dated 20 November 2015.

the sign of dumping and dumping continue endlessly.

like xinghe drop till 0.065

0.095 on the way

this is pretty scary spine-chilling

still send cheque not direct credit ?

suddenly buying in action

what is happening any news?

eftee,

consequential meaning as a result of

mother share got bonus of 9 shares for each 10 shares, so does warrant, to be fair.

warrant got bonus of 9 warrants for each 10 warrants.

So by the time warrants expired and exercised, mother shares will be further diluted.

Normally if bonus shares are issued when the company has confident to do better in future.

Bonus share will be ready on 18 September


On behalf of the Board of Directors of CAP, Mercury Securities Sdn Bhd wishes to announce that:-



(i) 550,225,705 Bonus Shares were issued pursuant to the Bonus Issue; and



(ii) 259,774,288 Additional Warrants were issued consequential to the Bonus Issue.



The Bonus Issue will be completed with the listing and quotation of the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad on 18 September 2015.

BUT Zelan Holdings (M) Sdn Bhd, a wholly-owned subsidiary of construction firm Zelan Bhd, is entitled to IDR72.49 billion (RM21.84 million) in tax refund claims.

Zelan said the Supreme Court of Indonesia had ruled in favour of its Indonesian branch over a legal dispute about income tax paid for the financial year 2007.

The court had held that the income tax payable by BUT Zelan Holdings to Indonesian authorities for the financial year 2007 shall be IDR1.73 billion (about RM522,000).

As BUT Zelan Holdings had paid IDR74.22 billion (about RM22.36 million) in income tax and penalties, it stands to claim a refund of IDR72.49 billion (about RM21.84 million).

can someone explain what is happening to the warrant expiring in 2016

thks shaun

@Shaun
mind telling what is MTN

As long as you are holding sunway last on 8 may by 5pm. then you are entitled to sun con shares.

I am in sunway, skybus is running already, everything is done in speedy efficiently.

sunway construction share is distributed!!!

From the edge markets
Xinghe Holdings Bhd bounced back with a net profit of RM41.95 million or 1.79 sen per share for the period ending March 31, 2015, compared to a loss of RM4.41 million in the same period last year, on the back of higher average selling prices of branded products and non-branded products.

In a filing with Bursa Malaysia, Xinghe (fundamental: 1.2; valuation: 0.9) posted a revenue of RM388.24 million for the period ending March 31, 2015.

The company did not disclose revenue in the previous corresponding period, as the financial year end of the company was changed from Jan 31, 2014 to Dec 31, 2014, on Dec 13, 2013.

Xinghe said its gross profit margin for the current financial quarter was 17.5%, an improvement from the 15.8% recorded for the calendar year 2014 (CY14), on the back of higher average selling prices of branded products, as well as non-branded products which increased by 5.1% and 7.1% respectively, over those of CY14.

In ringgit Malaysia terms, these percentages were 15.4% and 17.6% respectively, the differential being due to the appreciation of Renminbi against the ringgit, the statement read.

Higher volumes of produce sold, lower average cost of input raw materials and the strong seasonal demand for edible oil due to the Chinese New Year festivities during the current financial quarter, were also contributory factors to the higher profit.

dividend 0.2 sen

sold cap bought warrant. like riding a rocket

OTHERS CHINA AUTOMOBILE PARTS HOLDINGS LIMITED (CAP OR THE COMPANY) - AUSTRALIAN PLC ACQUIRING SUBSTANTIAL STAKE IN CAP
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4738633

buyer and seller agreed on a price

cross trades are Direct Business Transaction (Off-market deal) price agreed between two parties

http://onemalaysia-victorlee.blogspot.com/2014/11/xinghe.html

KUALA LUMPUR: Edible-oil manufacturer Xinghe Holdings Bhd is expecting an annual revenue of RM200mil following a tie-up with Arab Supplier Fabrication And Retail Sdn Bhd (Asfar), a manufacturer and exporter of palm-related products.

Xinghe and Asfar have entered into a 50:50 joint venture (JV) to build a plant in Klang to produce several types of oils and fats such as palm oil, peanut oil, soya bean oil and blended oil with an initial investment of RM20mil.

In total, the JV will invest up to RM90mil in the next five years.

http://www.thestar.com.my/Business/Business-News/2015/04/01/Xinghe-sees-RM200mil-revenue-from-JV-with-Asfar/?style=biz

yanxuan hope u are right, let's keep our gingers crossed.

redtone international bhd (RIB) Key Developments


U Mobile Denies Merger Talks With REDtone

Feb 23 15

U Mobile Sdn Bhd's Chief Executive Officer Wong Heang Tuck denied market rumour of a possible merger-and-acquisition exercise between U Mobile and REDtone International Bhd (KLSE:REDTONE). "There are no talks with REDtone. And there is no discussion on this (M&A) at the shareholders' level, at least, not that I know of. As far as we at U Mobile are concerned, it's business as usual," Wong added.
http://www.bloomberg.com/research/stocks/snapshot/snapshot.asp?ticker=RIB:MK

Since dec 31 2015 this website has not update with news and announcements. here are two big ones. that's why whole world market's gone up yesterday.
Europe is going to print money, lots of it http://money.cnn.com/2015/01/07/investing/europe-deflation-ecb/index.html

Fed: Expect strong U.S. economy in 2015http://money.cnn.com/2015/01/07/investing/fed-minutes-oil-economy/index.html

why heading south?

oil price drop further

jasonor should be the other way round. should have sold Friday. tomorrow tomorrow ... bottom price buy later

black gold become black ghost

force r u serious 3Q no good?

@nitestayer
http://www.theedgemarkets.com/en/article/china-deal-sends-shares-1-month-high-rouble-surges
http://money.cnn.com/2014/11/11/investing/china-stocks-market-open-up/index.html

Shanghai and hongkong trade will start to be linked from Nov 17. Announced yesterday.

if hongkong listing on, Shanghai market can purchase hongkong markets, hopefully this will be a impact on cap

there seems to be consistent buying lately .910 to .960

will up, div book closure will be declare. how much ? hard to say, depends on world markets impact.

Greenland might further acquire more iskandar Johor land, Tropicana is also one of the landowner

julie2, according the fm news yesterday morning (forget the frequency), E&O and Ecoworld is progressing well, Tropicana is way too slow since joint with Chinese investor, heard if a Chinese buy 10million in china can get free apt in Iskandar.

Bryan it would be much help if you can be more specific, what big sales?

no one talking mflour here? Why price suddenly jump up?

iris got the trs contract!

Sunway Bhd proposed:

1. the listing of its indirect wholly-owned construction unit, Sunway Construction Sdn Bhd (SCG).

2. 1-for-10 distribution-in-specie of free SCG shares to shareholders of Sunway

3. special cash dividend to sunway shareholders from the proceeds of proposed offer for sale of SCG shares

despite china stock. pretty gd one

Share entitlement listed another 1 sen dividend is to be paid on Oct 21st, ex date Oct 2nd