The Project is valued at RM240,418,000.00 (Ringgit Malaysia Two Hundred Forty Million and Four Hundred Eighteen Thousand).

Instacom Group Berhad (“Instacom” or “the Company")

The Board of Directors of Instacom is pleased to announce that its subsidiary company, Vivocom Enterprise Sdn Bhd (“VESB”), had received and accepted the Letter of Award (“LOA”) from Coneff Corporation Sdn Bhd (“Coneff”) on 20 January 2016, for the provision of construction works for two (2) blocks of commercial towers comprising service apartments, two (2) storeys of retail units, one (1) storey of recreational centre and seven (7) storeys of car parks located at Lot 36071 & 36072, Phase 3B, Desa Tasik, Mukim Petaling, Sg Besi, Kuala Lumpur (“the Project”). The Project is valued at RM240,418,000.00 (Ringgit Malaysia Two Hundred Forty Million and Four Hundred Eighteen Thousand).



Coneff is wholly owned by Bina Bersatu Sdn Bhd, which in turn is 70% owned by Zamurni Sdn Bhd. Coneff was formed to undertake developments projects namely the joint-development Desa Tasik Project with Dewan Bandaraya Kuala Lumpur since 1989 to develop the area.



The LOA is subject to agreement to be entered into between VESB and Coneff. This is the first project awarded to VESB in 2016. This Project shall commence on 8 March 2016 and shall be completed within forty five (45) months from the date of commencement.



This Project is expected to contribute positively to the earnings and net assets of Instacom for the duration of the Project.



The risks associated with the Project are mainly operational risks and risk of delay in completion of the Project. Notwithstanding this, the management of Instacom will strive to ensure full compliance to the operational procedures in the execution of the requirements of the Project.



The Project is in the ordinary course of business and is not subject to the approval of the shareholders of the Company or any other relevant government authorities in Malaysia.



None of the directors and/or major shareholders of Instacom or persons connected to them have any interest, direct or indirect, in this Project.



This announcement is dated 20 January 2016.

his email is there..can ask for insider tips..hehe

“EXCELLENT BUYING OPPORTUNITY”

In another development, CIMB Research has described the current share price of Instacom as an “EXCELLENT BUYING OPPORTUNITY”.

“Investors should take advantage of the current price weakness to accumulate Instacom shares. We continue to believe that Instacom is a direct proxy for increasing Chinese FDI in Malaysia,” said the research house.

CIMB has a target price of 67 sen for Instacom, giving rise to potential upside of double and beyond the current level of approximately 30 sen.

Yesterday the company was the leading performer on Bursa Malaysia with a volume of 175 million shares transacted and closing at 30 sen, up 1.5 sen from the previous day.

SOURCE : INSTACOM GROUP BERHAD

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Choo Seng Choon
Executive Director of Instacom Group Berhad
Email : sengchoon@instacom.com.my

can directly contact instaco director to ask when share price will increase

22 more days to expired

brahmal see huge potential in instaco..that why he took the PP..
now instaco moving upward..

tomorrow mark new chapter for instaco..

Change name to Vivocom International Holdings =D

yes the meeting will be on 7th January 2.30pm..I just received the letter from Instaco regarding this EGM

bcoz ringgit keep dropping today :(

really ar rm20 tp??like that i all in tomorow

very big2 wall at 0.285 and 0.29..

tomorow we get bonus waarrant?

SCANWOLF CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description SCANWOLF CORPORATION BERHAD ("SCANWOLF" OR "THE COMPANY")
-INVESTIGATIVE REVIEW BY PKF COVENANT SDN. BHD.
Reference is made to our announcements dated 23 April 2015 (Ref. No. GA1-23042015-00064), 6 May 2015 (Ref. No. GA1-06052015-00048), 2 June 2015 (Ref. No. GA1-02062015-00053) and 16 November 2015 (Ref. No. GA1-16112015-00066) in respect of the investigative review conducted by PKF Covenant Sdn. Bhd.

The Board of Directors of SCANWOLF, wishes to announce that the Board had seek for legal opinion and deliberated on it.

The Board unanimously acknowledged and took cognizance of the legal opinion given that there were no financial losses incurred by the Group, and that there were no evidence to show wrongdoings either criminal nor civil culpability perpetrated by any individual, both within or outside the Group.

Following this finding, the Board considered this matter closed and resolved to move on in charting a new course for a better and successful future of the Group.

Following the above, the Board of Directors of SCANWOLF wishes to announce that the Investigative Committee be dissolved with immediate effect.

This announcement is dated 23 December 2015.

who buy so high..careful

lol..apollo is way too expensive..

when will it open for trading back?

kena trap again kea..cb

Date of change 17 Dec 2015
Name DATUK LOR CHEE LENG
Age 51
Nationality Malaysia
Designation Non Executive Director
Directorate Independent and Non Executive
Type of change Resignation
Reason Due to other work and personal commitment which require his full attention
Details of any disagreement that he/she has with the Board of Directors No
Whether there are any matters that need to be brought to the attention of shareholders No

syndicate die alrdy ar..kakakaka

lee chong hon u buy xox share for 10 cents only and sell back to ikan bilis with expensive price..so unfair

what broker platform are u using dzul?

why my hong leong platform never showed got trade done for 0.265..it only show got 301 lot sold for 0.27 at 4.24pm
so weird..any1 know how to check correctly using hong leong platform?

For the first quarter ended Sept 30, 2015, Hibiscus posted a pre-tax profit of RM4.76mil

it is on downtrend...from rm9 to rm4..may continue to drop further..enter at your own risk

SUPERMAN will continue to fly

clean energy..how many car using renewable energy..all still depend on oil

hibiscus got profit this quarter

KUALA LUMPUR: Malaysia's first special purpose acquisition company, Hibiscus Petroleum Bhd, is optimistic of better profit in the financial year ending June 30, 2016, boosted by several acquisitions.
Among its recent acquisitions were substantial interest in the Anasuria cluster in the North Sea, UK and the West SeaHorse field, Australia.
According its 2014/2015 annual report, the economic interest derived from Anasuria deal will be back dated to Jan 1, 2015 and the acquisition of the cluster is expected to be completed only in the first quarter of 2016.

For the first quarter ended Sept 30, 2015, Hibiscus posted a pre-tax profit of RM4.76mil compared with a pre-tax loss of RM9.97mil previously.

Its revenue stood at RM245,000 compared with RM2.17mil a year ago.

After considering the production cost, the company's outlook remains attractive, its Chairman, Zainul Rahim Mohd Zain told reporters after the company's Annual General Meeting here, today.

However, he cautioned that it might have to review the activities within the Anasuria cluster, if oil prices were to drop to US$30 per barrel.

"As for the West SeaHorse Field, we will look back on the activities by our Australia's assets if the oil prices were to drop below US$40 per barrel."

The integration of these two assets into Hibiscus' will be the primary objective as the two oilfields have a near term cash flow, he said.

(The Brent Crude Oil is hovering at around US$40 per barrel, while the US benchmark West Taxes Intermediate is moving at around US$37 per barrel.)

On the acquisition of Australia's Hydra Energy Holdings Pty Ltd, Zainul said the deal was important as it brought in potential financial backing from global natural resource investment, which would help in securing financing for projects.

He said the recent acquisition of a 8.4% stake in Hibiscus by UK-listed Polo Resources Ltd was expected to provide assistance to lure in more potential investors in the oil and gas sector.

Polo Resources has interests in oil and gas, gold, coal, iron ore, copper and phosphate.

sklyte where to check the shareholder list?

u use what broker? my broker just charge me rm15 for each transaction

KUCHING: Instacom Group Bhd (Instacom) yesterday announced that its subsidiary company, Vivocom Enterprise Sdn Bhd (Vivocom), had received and accepted the Letter of Award (LOA) from CRCC Malaysia Bhd for the provision of construction works for a gated community housing scheme consisting of semi-D units, villa mansions, apartment block and housing units under the Rumah Selangorku scheme, in Bandar Ulu Klang, Daerah Gombak, Selangor.

This project is valued at RM116.4 million and is in addition to the contracts totalling RM231 million received from CRCC Malaysia last month.

With this Project, the Instacom Group has to date successfully secured projects amounting to almost RM600 million from CRCC Malaysia.

CRCC Malaysia Berhad is owned by China Railway Construction Corporation Ltd, which is known globally as one of the largest construction enterprises in China and the world, and ranked 80th within Fortune Global 500 companies.

“This development means that we have even stronger earnings visibility until end of 2017,” said Instacom chief executive officer Dato Seri Dr Yeoh Seong Mok.

“We are in final negotiations for more projects. Hence, there will most definitely be more contracts secured over 2016 and 2017 and beyond,” he further said, adding that the Instacom Group’s pipeline is estimated at approximately RM2 billion currently.

cannot then cannot la..why bother

ahahaha

now the price is like 10c before consolidate..wtf lo

i believe lo..yesterday make profit also..haha

last time in other stock also same..i never listen to him and make profit...if listen rugi

aiya bukan semua ayam kiok ma..banyak ayam sudah bertelur juga

tomolo prepare bullett

nope..i follow richkid and got many profit..he even advised to set ur own cut loss point..but if u never listen..too bad for u :D

i choose solution 3

reenter xox

i got profit 200% from xox now i just using 20% of my profit to re-enter xox at 0.21..lose all also i dun mind..haha thx yea xox

pump n dump?

i just top up more now super duper cheappppppppp

we ride rocket now

collect2

desire wait t4 for wat la..i got holding power lo...juz play here for fun

hohoho..i got collect many at 0.235
kikiki

just diam2 collect when price drop.. :D

more profit exxpected in 2016..this quarter also got profit

collect2 kikiki

i want ride aeroplane go holland..why now got rocket instead

cehh all kena tipu buta2