Bursa Malaysia will shorten the time frame for the issuance of annual reports under its listing requirements.
The changes will be introduced in phases to provide public-listed companies (PLCs) time to prepare for and meet the new requirements, the exchange said on Thursday.
Under the phased approach, PLCs are required to issue their annual reports for financial year ending on or after December 31 next year, within five months from the close of the financial year.
Following that, annual reports for financial year ending on or after December 31 2015 must be issued within four months from the close of the financial year.
The new requirements are made following the public consultation paper issued on May 31 and the review undertaken by a taskforce established under the Corporate Governance Blueprint 2011.
Meanwhile, Bursa Malaysia has expanded the form, in which annual reports can be issued, to any electronic formats other than CD-ROM.
Proposed Dividend 16 sen. Ex-date 1st April 2014. Average dividend 6.8% a year. Better than Bank FD and EPF. You buy this type of company you can sleep well. You can go long holiday and no need to worry.
Just look at the histroy prices of this counter. What is the use of 6.8% if the price drop to 6.50. And there is no gurantee for div. every yr. I am holding a lot of , that is why very fed up of this counter.
When Bursa goes to 7.70, will face selling pressure fr. profit taking. Bursa has many warrants. Maxis also hopeless, it will not go above 7.00. The reason is so many warrants.
Give you dividend is like you are drawing money fr. you bank a/c. Let say this useless counter is now 7590, after div 160, the price will be 7430. But not all counter like this, some after div. goes up.
neohts, how is maxis after div. 6980 to 6900 what is the meaning of div. ? I will sell it if it touch 7.00. So many people thinking the samething, that is why it never go near 7.00.
For my past exp. March is always worst , losing money mth. in share market. For Jan & Feb made money, become more greedy, expand investment. Trapped in Mac. Don't sell now, this is short-term volatility.
EPS selling Bursa share for BR1M. BR1M payment will over soon. Bursa share will go up again after EPS stop selling Bursa Share. So buy when EPF is selling.......cheap sale.
Another Good Bet......BJToto My friend selling Toto ticket told me that Toto may be start selling WORLD CUP FOOTBALL BETTING this year. Still Pending Approval. If this is true, BJToto profit will increase. BJToto share should go up soon after announcement. So please wait for good news.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Madam YS
6,888 posts
Posted by Madam YS > 2013-12-28 12:39 | Report Abuse
Bursa Malaysia will shorten the time frame for the issuance of annual reports under its listing requirements.
The changes will be introduced in phases to provide public-listed companies (PLCs) time to prepare for and meet the new requirements, the exchange said on Thursday.
Under the phased approach, PLCs are required to issue their annual reports for financial year ending on or after December 31 next year, within five months from the close of the financial year.
Following that, annual reports for financial year ending on or after December 31 2015 must be issued within four months from the close of the financial year.
The new requirements are made following the public consultation paper issued on May 31 and the review undertaken by a taskforce established under the Corporate Governance Blueprint 2011.
Meanwhile, Bursa Malaysia has expanded the form, in which annual reports can be issued, to any electronic formats other than CD-ROM.