In a filing with Bursa Malaysia today, Metronic named the 11 defendants as Ew Chew, Tan Kian Hong, Tan Hong Hong, Tan Lian Hong, Ooi Chieng Sim, Lagenda Perdana Sdn Bhd, Progerex Sdn Bhd, Skylitech Resources Sdn Bhd, Hock Lok Siew Realty Sdn Bhd, A1 Capital Sdn Bhd and Ng Wai Yuan.
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Ooi n his 3 related company : skylitech, hock lok, A1 will be gone due to ATTA case...
Lagenda ( Ng Wai Yuan ) is selling its shareholding...LKY is bought..increase fr 20 % to 29
Cita realiti is selling its shareholding.. seems a Malay person is bought..
Referring to the EGM : vote is 44. %to 55.% .. 11 defendants got 44. % vote...
Recent developments is a sad thing.. seems LKY n current BOD is departed...( just an estimation on EGM 55 % .. LKY 20 % , BOD 35 %)...
Let’s see the result on substantial shareholders court case on 3/2/2020 n coming QR report...
In facts , I do wish current BOD win as they take over from Tan family abt 2 , 3 years ago as they have the knowledge and experience in metronic core business.
Forget about smart city. Metronic should invest in glove or face mask business. Cash cow business in this Global pandemic. Many face mask company are not listed. Just take over them.
Firma kejuruteraan Metronic Global Bhd memperoleh kontrak untuk projek sistem audio visual dan sistem teknologi informasi (AV-ICT) bernilai RM18.7 juta dalam projek nasional Merdeka PNB 118, bangunan setinggi 666 meter yang kini dalam pembinaan.
Kontrak itu diperolehi menerus anak syarikat milik penuhnya, Metronic Engineering Sdn Bhd (MESB).
“Projek Merdeka PNB 118 akan menambah imej reputasi Metronic dan membantu kami meningkat dari segi jenama, komitmen dan pengembangan kerana kami yakin dapat menyediakan produk dan perkhidmatan berkualiti untuk memenuhi piawaian peringkat antarabangsa yang ketat,” kata Pengarah Eksekutif dan Ketua Pegawai Eksekutifnya, Brian Hoo Wai Keong.
Beliau berkata, Metronic juga sedang berusaha untuk memuktamadkan tender bagi beberapa projek kejuruteraan berpotensi besar bernilai sehingga RM300 juta di Malaysia dan merentasi rantau ini.
April 09, 2020 )KUALA LUMPUR: Action seems to be picking up in the local market judging by the unusually high participation rate in the last few days. Total daily trading volume exceeded the five billion mark for five consecutive trading days
Since April 2, the FBM KLCI has gone up by 2.91% or 30.49 points to 1361.39. However, the FBM Small Cap Index has made a bigger leap. The index, which tracks all stocks except for the top-100 big-cap counters, soared 9.82% to 10,101.77.
Sector-wise, the Bursa Energy Index soared an outstanding 17.32% or 20.15 points to 719.71 in the last five trading days, wherein the Bursa Construction Index jumped 10.07 points or 9.72% to 152.44, portraying immense buying pressure across the two sectors.
However, it is worth noting that the trading participation rate measured in total traded value terms does not appear to synchronise with the traded volume. This may indicate that the brisk trading volume were mainly concentrated on the lower liners. This also implies the cautious market undertone given the uncertainties on the economic front and the outbreak of Covid-19.
For example, total traded volume recorded on March 12 was 3.79 billion shares with a total of RM3.06 billion traded values, whereas yesterday’s participation rate hit 5.36 billion shares but the trade value stood at only RM2.66 billion.
Yesterday, stocks that topped the volume list were Ekovest Bhd, Hibiscus Petroleum Bhd, Mlabs Systems Bhd, Sapura Energy Bhd and Bumi Armada Bhd. In terms of trade value, among the highest were Ekovest, Hibiscus, Tenaga Nasional Bhd, JAKS Resources Bhd and Malayan Banking Bhd (Maybank).
It is worth noting that Ekovest was the only counter whose traded value crossed the RM100 million mark yesterday. Usually, the total traded value of the big-cap blue chips can easily breach the RM100 million mark in a brisk trading day. Rakuten Trade Sdn Bhd research vice-president Vincent Lau highlighted to The Edge Financial Daily that net buyers in the market lately were mainly retail investors. In particular, retail investors have been buying up shares in tandem with the surge in trading volume. Lau noted that there could be a sector rotation playing out, in which investors were switching out from the oil and gas sector into the construction sector, probably due to optimism about the prospects of kick-starting infrastructure projects hinted by the government lately.
This means that the KLCI could need to break through major hindrances to continue its positive momentum. Likewise, Lee noted that the small cap index is currently reaching large resistive levels of 10,250 and 10,700 points. He agreed with the notion put forward by Lau that market participation so far had been market-driven, as starting from April 2 retail investors were the net buyers.
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Posted by leeling > 2020-02-03 16:00 | Report Abuse
what price lee kim yew buy ?