Serba Dinamik MD Abdul Karim shaves stake to 20.83% after force selling of 5.15 million shares.
KUALA LUMPUR (May 23): Serba Dinamik Holdings Bhd group managing director (MD) Datuk Dr Mohd Abdul Karim Abdullah's stake in the oil and gas service provider has slipped to 20.826% — 772.57 million shares — after the forced selling of 5.15 million hares.

A bourse filing on Monday (May 23) showed that Mohd Abdul Karim was forced to sell 5.15 million shares — 0.139% equity interest — at 15 sen a share on May 20.

On May 18, he was forced to sell 9.66 million shares or a 0.26% stake in the group at 15.8 sen apiece, according to a filing on May 19. Prior to the latest forced disposals, his stake in the company stood at 21.225%.

Calculations done on the back of an envelope showed that the forced selling of the two blocks of shares translated into RM2.3 million.

This latest round brought the total number of shares he has been forced to sell to nearly 250 million, since he was first forced to pare his stake in the group on June 28 last year.

PN17 saja la...senang cerita

Sekarang 'dato' tak boleh percaya punya...penyamun pun dato jugak...haha

Rindu kat Sardin....

Sudah ada untung pun bising....kalau rugi lagi bising...apa sudah jadi...haha

Semangatnya...haha

Minum kopi dulu

Sapu saja la...apa tunggu.

Thai AirAsia X files for bankruptcy
Low-cost, long-haul carrier Thai AirAsia X has begun preparations to initiate a rehabilitation process after its application for bankruptcy protection was accepted by Thailand’s Central Bankruptcy Court.

In a statement on May 19, it said the objective was to revamp the company’s administration process and restructure its debts, adding that the process would have no impact on passengers as operations would continue as usual.

It also said that the filing for rehabilitation would have no impact on Thai AirAsia or Asia Aviation Plc, which are separate entities with “discrete operations and routes”.

“Thai AirAsia X has entered into rehabilitation at an appropriate time with tourism recovering and the nation reopening,” Thai AirAsia X chief executive Patima Jeerapaet said.

He added that the decision to enter into rehabilitation was to enhance the administration process in the best interests of its business progress, especially in terms of managing the company’s debt which he said had been impacted over the past two years of pandemic.

He voiced confidence that the carrier’s stakeholders would support the move.

Thai AirAsia’s application for bankruptcy protection was submitted on May 17 and accepted by the Thai Central Bankruptcy Court on May 18.

It is looking to introduce flights to South Korea and Japan from June onwards, with further plans for expansion including more flight frequencies and new routes in line with demand.

KUALA LUMPUR (May 20): The UK High Court had on Wednesday (May 18) allowed a case against the UK government to proceed for its continued use of gloves manufactured by Supermax Corp Bhd due to forced labour allegations against the Malaysian company, legal news and commentary website Jurist reported.

"In December 2021, the UK awarded a contract to Supermax to supply the National Health Service (NHS) with disposable gloves.

"All the Citizens, represented by UK law firm, Wilson Solicitors, is suing the government for continuing its relationship with the Malaysian company, despite an investigation uncovering allegations of forced labour in Supermax’s factories,” Jurist reported on Thursday (May 19).

Toyol datang lagiiiiii

Minum kopi dulu

Relax kejap...Malaysia 0-1 Vietnam | Football Semi-Final Sea Games

Relax kejap...Malaysia 0-1 Vietnam | Football Semi-Final Sea Games

The Board of Directors of GIIB ("the Board") wishes to inform that the Audit and Risk Management Committee ("ARMC") had on today decided to undertake a forensic investigation into the financials of the Group in relation to the suspicious transactions in the Group as highlighted by Mr. Wong Weng Yew on 16 May 2022.

The ARMC will seek proposals from the independent audit firms to undertake the above task.

Further announcements shall be made upon the engagement of the independent audit firm.

This announcement is dated 19 May 2022.

'Everything bubble' will burst, gold to $900, Bitcoin to $3k before hitting $500k
- Harry Dent, founder of HS Dent, discusses his market outlook for gold, Bitcoin, and the equity markets with Michelle Makori, Editor-in-Chief of Kitco News, at the Vancouver Resource Investment Conference.

Cabutttttttttt....

Tinggal underwear

Morning...siapa yang kena hari ni.

Mana ada umno mesti bungkus...haha

Tomorrow margin call

Reference is made to the letter dated 18 May 2022 received from Bursa Malaysia Securities Berhad (“Bursa Securities”) querying on the unusual market activity (“UMA”) of CHHB in relation to the recent sharp rise in price and volume of the Company’s shares.

The Board of Directors of CHHB (“Board”) wishes to confirm that, to the best of our knowledge and after making due enquiry with all the Company’s directors, major shareholder as well as such other relevant persons, the following:

1. The Board is not aware of any corporate developments relating to the Group’s business and affairs that has not been previously announced that may account for the trading activity including in the stage of negotiation/discussion.

2. The Board is not aware of any rumour or report concerning the business and affairs of the Group that may account for the trading activity.

3. The Board is not aware of any possible explanation to account for the trading activity.

4. The Company is in compliance with the Bursa Securities Listing Requirements, in particular Paragraph 9.03 of the Bursa Securities Listing Requirements on immediate disclosure obligations.


This announcement is dated 18 May 2022.

XOX subsidiary buying Perak football club for RM1

Orang sudah sampai bulan.... sini masih 0.02 sen lagi..haha

Longkang

0.55

Habis...

Morning...minum coffee dulu...

Sama macam Najib...sedang 'rebrand' untuk menjadi suci.

Dulu masa saya masih sekolah, Arwah Puan Sri spura dan Tan Sri selalu datang rumah di taman TAR Ampang.. mereka berdua memang baik... saya juga tahu pasal anak dia....kesimpulannya berhati2lah dengan saham ini.

Itu ketua penyamun last week sudah turun KL ugut mahu tarik sokongan pada gomen...itu pasal AG macam lembu kena cucuk hidung.

Asian shares trim weekly losses, dollar steady near 20-year highs

North Korea reports first Covid-19 death as fever spreads 'explosively'.

Ini toyol pandai curi underwear....jaga2..!!!

Anwar-Najib debate: M'sians stand to lose out if ailing Sapura goes bankrupt, says Najib
KUALA LUMPUR: Malaysians will stand to lose out if the ailing Sapura Energy Bhd goes bankrupt, says Datuk Seri Najib Razak.

The former prime minister said this was because Sapura employs more than 10,500 highly skilled locals and that its beneficiary owners include the 10.6 million investors in Amanah Saham Bumiputera (ASB).

The Pekan MP added that action should be taken if there were any misappropriation of funds.

"Malaysians in the end will lose out. We will lose an internationally recognised vehicle," he said during the live debate with Opposition leader Datuk Seri Anwar Ibrahim on Thursday (May 12).

KUALA LUMPUR: There must be a forensic audit on debt-laden oil and gas services firm Sapura Energy Bhd, says Datuk Seri Anwar Ibrahim.

The Opposition leader also drew attention to the remuneration and pay package of Sapura's former group chief executive officer (CEO), which over the years totaled to more than a billion, despite the company trending in the red.

He therefore questioned why the company must be bailed out when its top gun made billions despite the company’s financial situation.

Bulan Jun bankrupt

Below 0.90 can sapu

Datuk Seri Anwar Ibrahim menjelaskan, beliau sudah mengenali Sapura Energy sejak tahun 90-an dan melihat ia sudah mengalami banyak masalah kini yang akhirnya akan membebankan rakyat.

Anwar tak setuju bailout...Najib setuju....jadi esok macam mana..haha

LIVE* 9.00 PM, 12 May 2022
Detik bersejarah, Datuk Seri Najib Razak dan Datuk Seri Anwar Ibrahim berkongsi pentas untuk berdebat berhubung isu Sapura Energy Bhd (SEB) dan isu melibatkan hala tuju negara.

(May 12): In most selloffs, investors can find a few safe havens. But in this year’s corporate bond rout, a backdrop of stagflation means there is absolutely nowhere to hide.

From ultra-safe triple A to near-default triple C notes, US dollar, euro and sterling company debt has all posted negative total returns so far this year, according to Bloomberg data and Bank of America Corp indexes.

There’s nowhere for investors to hide in this credit market rout

Oil slips more than 2% on fears recession may hit demand.
LONDON (Reuters) -Oil prices dropped more than 2% on Thursday in a volatile week as recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe.

Asian stocks fell to an almost two-year low, European shares tumbled and oil prices were down 2%.

Dollar hits two-decade high, rattled investors plump for safe haven

Gold declined on dollar strength, despite high inflation.
The yellow metal found support above its uptrend line since the August low. The implied target of the preceding triangle—which turned out to be bearish—targets the low $1,700s, well below the uptrend line.

KUALA LUMPUR (May 12): Toyo Ventures Holdings Bhd, which received an unusual market activity (UMA) query from Bursa Malaysia on Thursday (May 12), clarified that it is not aware of any corporate development that would have caused the rise in its share price and volume.

The group also stressed that it is in compliance with the Bursa Securities Listing Requirements on immediate disclosure obligations.

Stocks set to extend losses.
U.S. stocks are set to extend their losses at the open, unable to shake fears about a growth slowdown as central banks around the world act to tackle runaway inflation (except in China, where the growth slowdown is the result of a real estate crisis and heavy-handed pandemic management).

Hehehe...huhuhu