Posted by Mark T Bird > 2018-04-01 10:03 | Report Abuse

OSK?

Posted by TESSA > 2018-04-01 10:06 | Report Abuse

yup! long time ago a few of my friends dislike OSK, stingy, directors like that, directors like this, all negative views, eventually the price also kena

Posted by Mark T Bird > 2018-04-01 10:08 | Report Abuse

C’est n’importe quoi!

Posted by TESSA > 2018-04-01 10:10 | Report Abuse

Va savoir pourquoi!

hahaha

Posted by Mark T Bird > 2018-04-01 10:19 | Report Abuse

Quel idiot, quand même !

Posted by Ratna NinjaGal > 2018-04-01 10:34 | Report Abuse

ninja read famous scandal online, one of it is this;

Renong

The deal involving United Engineers (M) Bhd’s (UEM) put-and-call option raised many unanswered questions. It can be traced to November 1997, when UEM purchased a 32.6% block in Renong Bhd, its parent company, from the market at RM3.24 per share. The total cost came to about RM2.34bil.

The deal sent the whole market fretting. From whom UEM purchased the shares is still not known.

Hence, former Renong executive chairman Tan Sri Halim Saad, in an effort to appease UEM’s minority shareholders and the regulator, entered into a put-and-call option, giving an undertaking to buy back the shares from UEM at RM3.24, inclusive of the holding cost. The entire amount would come up to RM3.2 billion on Feb 14, 2001, when the option was due.

When the put option expired, there was however no settlement. In fact, Halim resigned from the Renong/UEM group in October 2001.

Khazanah Nasional Bhd took UEM private in 2001 and later cancelled the option. UEM’s chief executive then, Abdul Wahid Omar (now Datuk Seri), told reporters that the option was cancelled on Nov 16, 2001, because “UEM needs to retain control of Renong”.

So Halim got off without paying a cent of what was then valued at RM3.2bil.

Posted by TESSA > 2018-04-01 10:43 | Report Abuse

When you're out partying someone else is getting smarter!

hahaha

Posted by Mark T Bird > 2018-04-01 10:47 | Report Abuse

Ah, la vache

Posted by Miz Raya Bloom > 2018-04-17 23:13 | Report Abuse

aiseyman!

Bumi Armada gets notice from Erin Petroleum seeking shutdown of its FPSO operations

KUALA LUMPUR (April 17): Bumi Armada’s unit has received a notice from Erin Petroleum Nigeria Ltd (EPNL) about an alleged “force majeure event” and a request for an orderly shutdown of the operations of Armada Perdana, a floating production storage and offloading (FPSO) unit belonging to the group.

The unit, Bumi Armada (Singapore) Pte Ltd (BASPL), has also received a notice of seizure of goods from a third party, stating that crude oil product to be produced and to be stored on Armada Perdana has been seized or attached by a writ of attachment issued by a court in Lagos, Nigeria.

This is in relation to legal proceedings of which the Bumi Armada group is not a party, Bumi Armada said in a filing to Bursa Malaysia.

“The company had sought clarifications from EPNL on such notice of seizure/attachment of goods but EPNL has not responded to the company despite numerous reminders,” added the group.

Bumi Armada said it is of the view that the force majeure declaration by EPNL is wrongful under the operational and maintenance services contract and the group is reviewing its legal options, including commencement of legal proceedings, against EPNL.

It added that the estimated financial impact of credit risk recovery for the group to the results for the financial year ending December 31, 2018 is about RM30 million.

Bumi Armada also maintained that the suspension of provision of services under the bareboat charterparty contract and operational and maintenance services contract remains in place.

In addition, it said EPNL is not relieved from its obligation to make full payment of all payments due to BASPL under the contract.

Since last June, Bumi Armada has suspended operations on Armada Perdana due to delayed payments from EPNL.

Shares in Bumi Armada fell 1.5 sen or 1.63% to 90.5 sen today, for a market capitalisation of RM5.31 billion.

Posted by Miz Raya Bloom > 2018-04-17 23:16 | Report Abuse

aiseyman!

BSL Corp unit fails in second appeal against import duty payment

KUALA LUMPUR (Apr 17): BSL Corp Bhd's wholly-owned subsidiary Crestronics (M) Sdn Bhd has failed again in its second appeal to the Ministry of Finance for the remission of two bills of demand from the Royal Malaysian Customs Selangor (RMCS) amounting to RM11.13 million.

In a filing with Bursa Malaysia today, the precision metal parts manufacturer said Crestonics received a letter dated April 10, 2018 from the Ministry of Finance (MoF) on April 13, 2018 saying that Crestonics' appeal of remission of import duty and sales tax has been rejected.

However, BSL said it will continue to take all necessary steps to protect the interests of BSL and its subsidiaries.

"Based on preliminary discussions with Crestronics’ tax solicitors, BSL is of the view that there are reasonable grounds to review the MoF’s decision by way of judicial review proceedings," it said in the filing.

"At this juncture, BSL is unable to determine precisely the financial impact to the group for the financial year ending Aug 31, 2018," it added.

On July 10, 2017, BSL announced that its first application of appeal against the bills of demand has not been approved.

On Dec 19, 2014, Crestonics received from RCMS the bills of demand for the import duty and sales tax, amounting to RM6.49 million and RM4.64 million respectively, applicable for the period from December 2011 to July 2014.

Today, BSL's shares closed up 2.5 sen or 4.85% at 54 sen while 108,100 shares changed hands, giving it a market capitalisation of RM52.18 million.

Posted by 忍者 NinjaGal > 2018-04-23 09:28 | Report Abuse

Are You Ready to Ride the Wave of Money?
hihihi

Posted by 忍者 NinjaGal > 2018-04-25 13:16 | Report Abuse

ninja strategy WAIT & SEE