121,638,624.07 United Arab Emirates Dirham equals

105,229,613.70 Malaysian Ringgit

Further to the Announcements dated 15 April 2014, 17 June 2014, 17 July 2014 and 13 August 2014, Zelan Berhad would like to announce that Meena Holdings LLC, the owner of Meena Plaza Mixed Use Development Project ("Project") in Abu Dhabi, United Arab Emirates, had on 1 September 2014 ("Payment Date") paid a sum of AED121,638,624.07 to Zelan Holdings (M) Sdn Bhd ("ZHSB") in accordance with the terms and conditions of the SSA.



As provided in the SSA, ZHSB will recommence works for the Project on 1 October 2014 ("Recommencement Date") and is required to complete the Project within 15 months.


This Announcement is dated 2 September 2014.

02/09/2014 19:51

sorry this should be [zelan].

Further to the Announcements dated 15 April 2014, 17 June 2014, 17 July 2014 and 13 August 2014, Zelan Berhad would like to announce that Meena Holdings LLC, the owner of Meena Plaza Mixed Use Development Project ("Project") in Abu Dhabi, United Arab Emirates, had on 1 September 2014 ("Payment Date") paid a sum of AED121,638,624.07 to Zelan Holdings (M) Sdn Bhd ("ZHSB") in accordance with the terms and conditions of the SSA.



As provided in the SSA, ZHSB will recommence works for the Project on 1 October 2014 ("Recommencement Date") and is required to complete the Project within 15 months.


This Announcement is dated 2 September 2014.

yes, to convert wa to mother share, current price of warrant plus the exercise price rm2.06.

I keep

yes juju, a lot of shares price have gone very low. take this opportunity buy.

hold

omg so tempting to sell

got it thks applebee

good news? Anyone can advise

run

80% chance of getting the contract, but anything can happen for the 20% chance not getting it. best of luck to everyone.

anyone has a target price?

powerwk how much needed to invest in order to get university fees paid?
I am still holding this share as well, have to really be patient.

it's about time to sell, announcement today I think. better sell.

I agree with jayhao both parties benefit. everyone has different view. I think it will take some time before TM back to its track.

thks a lot.

Hope someone can evaluate the price TM paid to green packet (RM350m), on the Green packet stock discussion, Gpacket is not getting a good deal.

Any advice?

Price target (27/3/14) PBB hold, Maybank hold, Hwangdbs sell

the merged entity of TM and Packet One Networks would become a significant player as a combination of their strengths in the low and high-frequency bands would help build a strong 4G footprint in the country. TM will also be able to utilise Packet One Networks’ 2,000 base stations that cover 50 percent of the Malaysian population.

read on http://www.theedgemalaysia.com/first/282334-highlight-telekom-malaysia-buying-green-packet-unit-p1-for-rm350m-fr.html

shareholders may take dividends in cash or invest all or part of the dividends in buying TM new share for 0.70 a share.
Telekom wants to raise capital to support proposed investment in packet one networks.
Shares numbers will be increased and EPS may be diluted depends on total dividends reinvested by existing shareholders.

PROPOSED INVESTMENT BY MOBIKOM SDN BHD (“MOBIKOM”), A WHOLLY-OWNED SUBSIDIARY OF TELEKOM MALAYSIA (“TM”), IN PACKET ONE NETWORKS (MALAYSIA) SDN BHD (“P1”) (“PROPOSED INVESTMENT”)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1577233

Shareholders have the option of reinvesting dividends into TM new shares

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1577229

Q report today

thks everyone. I take this as an opportunity.

powerwk, mflour is very low. should we buy?

ANCOM LOGISTICS BERHAD ("ALB" OR THE "COMPANY")(I) PROPOSED DISPOSAL OF 7,911,192 ORDINARY SHARES OF SINSENMOH TRANSPORTATIONPTE LTD ("SSM"), REPRESENTING 100% OF THE ISSUED AND PAID-UP SHARE CAPITAL OFSSM, BY SYNERGY TRANS-LINK SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ALB, TO CWTLIMITED FOR A TOTAL DISPOSAL CONSIDERATION AS SET OUT IN THE CONDITIONAL SHARESALE AGREEMENT, TO BE FULLY SATISFIED BY CASH ("PROPOSED DISPOSAL");(II) PROPOSED DISTRIBUTION OF PART OF THE PROCEEDS ARISING FROM THE PROPOSEDDISPOSAL TO ALL ENTITLED SHAREHOLDERS OF ALB; AND(III) PROPOSED AMENDMENT TO ALB'S MEMORANDUM OF ASSOCIATION PURSUANT TO THEPROPOSED CAPITAL REDUCTION AND REPAYMENT ("PROPOSED AMENDMENT")(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")You are advised to read the full announcement at http://www.bursamalaysia.com.

PPB might got contract work as well? EPF seems to start digging in PPB?

4th Q 31 Dec 2013, net profit increase 8.236million (325.93%) , EPS negative 0.66
What do you all think?

EPF and Amanah keep buying any news? agree superb99 once drop, will b like a boom

It will move

agree

another immediate buy back announcement today.

powerwk yes after u suggested and reading. padini is more active though. I recently jump into mpay for short term....... padini is long term I temperorily sell padini and get into mpay already moving I will come back to padini definitely.

excellent Q report. EPS 66.07 dividend 5 sen
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1551289

Quarter report is out EPS 7.16 no dividend
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1551469

stanleysew if buy to get dividend at this price, better buy mflour lower price higher div 6 sen.

lepeng85 only 2.5sen

hurray as expected congratulation

Memorandum of understanding was signed on restructuring of Selangor state's water management. State government may bid on state's water concession companies, namely

Puncak Niaga, Syabas, Splash and ABBAS. These companies will receive RM9.65 billion for the take-over by the state government. The original offer was RM5.6billion.

Federal Government will top up RM2 billion to assist in the buyout, hence making the final price RM11.65 billion which is said to appease majority shareholder Gamuda Bhd which had earlier set a price of RM10.2 billion.

Happy reading.

http://www.theedgemalaysia.com/highlights/277442-highlight-sgor-inks-water-restructure-mou-with-putrajaya-green-light-for-langat-2.html

buy back again, will break rm3 hopefully and good report

thks so much for sharing powerwk

powerwk no particular one. Any hot and good stock with opportunity. short or long term mix.

thks

I buy 1.60 and 1.64, I mostly buy when quarter report about to be announced. Price may go as high as 1.8+, hopefully collect some gain then come back when it's low again.

This is quite a stable stock, I prefer buying other stocks move faster. Any comments or advice?

Why no movement at all?

March will be even better

I would hold till 1.7+