Posted by BawanGorenG > 2020-07-09 09:18 | Report Abuse

why here so quiet

Posted by brutusbeefcake > 2020-07-09 09:48 | Report Abuse

zelan first tp 0.30

Posted by golden_horse > 2020-07-09 10:00 | Report Abuse

Goreng goreng ....up up up

Posted by BuLLRam > 2020-07-09 10:27 | Report Abuse

Any new developments or fundamental news ??

Posted by golden_horse > 2020-07-09 10:48 | Report Abuse

uptrend now...guys get ready ...can add more now

Posted by BuLLRam > 2020-07-09 12:03 | Report Abuse

Syed mokhtar masuk tambah lagi ke?

Posted by razorknight > 2020-07-09 12:08 | Report Abuse

yup....this counter is brewing for some reason.....anyone any news...??

Posted by somchik > 2020-07-09 12:09 | Report Abuse

volume manyak cantek kikiki, itu .055 sulah dabel woh . kikiki

Posted by golden_horse > 2020-07-09 12:19 | Report Abuse

wow !!! nice ....goreng party start finally after long long sleep..reach 0.105-0.11 now...bravo

Posted by pamie > 2020-07-09 12:37 | Report Abuse

Wow. Touched 11cents today.

Posted by Harold Huong > 2020-07-09 12:39 | Report Abuse

Drop back now, wait for afternoon see got power or not

Posted by longvalley > 2020-07-09 12:41 | Report Abuse

.....0.11 c ready
.....afternoon bcome 0.20c
....lets see

Posted by Harold Huong > 2020-07-09 12:45 | Report Abuse

This week many penny stock fired up

Posted by nickfcng > 2020-07-09 14:36 | Report Abuse

Zelan has woken up, maybe?

Posted by man72 > 2020-07-09 20:06 | Report Abuse

Wow....10cts already

Posted by Jom123 > 2020-07-09 22:11 | Report Abuse

NTA 35 cent..

Posted by longvalley > 2020-07-10 08:15 | Report Abuse

..... waiting for spike up like covid19 in usa..............!!!!!!

Posted by golden_horse > 2020-07-10 17:13 | Report Abuse

let wait and watch next week...

Posted by Johnchew5 > 2020-07-11 09:34 | Report Abuse

FY19 audited report released on 30/6/2020:

Cash and Bank Equivalents:
2019 : 2018
Deposit placed with
licensed banks 14,597,000 : 1,258,000

Cash n bank
balances 5,758,000 : 3,787,000

Deposit,cash
n bank balances 20,355,000 : 5,045,000


Less : Reserved
funds as security 14,597,000 : 1,258,000

Cash n
cash equivalents 5,758,000 : 3,787,000

>>>> Compare FY19 to FY18 , there is additional cash generated from operating as 14,597,000 -1,258,000 = 13,339,000

Posted by Johnchew5 > 2020-07-11 09:36 | Report Abuse

i3 ATP is 0.41 ...

Posted by longvalley > 2020-07-11 12:11 | Report Abuse

First spike done..... at 0.11c
2 nd spike on the move....by 0.20c
.........
Wait n see.......

Posted by jemi2020 > 2020-07-11 16:10 | Report Abuse

Rest for a whlie. Will Goreng next week or month. Hold tight...

Posted by vivabursa > 2020-07-14 13:43 | Report Abuse

Wake up de

Posted by ikram529 > 2020-07-14 13:58 | Report Abuse

kenapa tiba2 naik ?

Posted by x3sphere > 2020-07-14 14:04 | Report Abuse

Will announce something. Bankers start collecting

Posted by golden_horse > 2020-07-15 14:07 | Report Abuse

hold tight tight, zelan got smoething in brewing

Posted by longvalley > 2020-07-15 18:07 | Report Abuse

0.08 n 0.085 tak mau..... sombong..!
Bila 0.15 baru kejau.....
Aneh...........
Let see

Posted by greedy44444 > 2020-07-15 19:31 | Report Abuse

PN17 ? Like what happened to Airasia.

Posted by x3sphere > 2020-07-15 19:52 | Report Abuse

Good quarterly report. Nice one

Posted by kenie > 2020-07-15 21:56 | Report Abuse

ZELAN BHD
AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING

CONCERN AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING CONCERN UNQUALIFIED OPINION WITH MATERIAL UNCERTAINTY RELATED TO GOING CONCERN IN ZELANBERHAD AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019

15/07/2020

Posted by greedy44444 > 2020-07-15 23:23 | Report Abuse

Current liabilities more than current assets by 146 million (group) and 18.8 million (company).

Posted by x3sphere > 2020-07-16 07:57 | Report Abuse

Airasia you already know that they are loosing company every quarter. That’s why pn17

Posted by kenie > 2020-07-17 01:13 | Report Abuse

MATERIAL LITIGATION IN THE MATTER OF ADJUDICATION BETWEEN ZELAN CONSTRUCTION SDN BHD AND BBCC DEVELOPMENT SDN BHD IN THE ASIAN INTERNATIONAL ARBITRATION CENTRE (AIAC) FORMERLY KNOWN AS KUALA LUMPUR REGIONAL CENTRE FOR ARBITRATION (KLRCA)
ZELAN BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description IN THE MATTER OF ADJUDICATION BETWEEN ZELAN CONSTRUCTION SDN BHD AND BBCC DEVELOPMENT SDN BHD IN THE ASIAN INTERNATIONAL ARBITRATION CENTRE (AIAC) FORMERLY KNOWN AS KUALA LUMPUR REGIONAL CENTRE FOR ARBITRATION (KLRCA)
Reference is made to the announcement on 28 March 2019 in relation to the adjudication proceedings under Construction Industry Payment and Adjudication Act 2012 (“CIPAA 2012”) initiated by a wholly owned subsidiary of Zelan Berhad (“Company”), Zelan Construction Sdn Bhd (“ZCSB”) against BBCC Development Sdn Bhd (“BBCC”) pursuant to work done and outstanding payment due relating to the main construction works for a project known as Cadangan Pembangunan Sementara 4 Tingkat Pejabat Jualan, Rumah Contoh Dan 1 Tingkat Sub-Basemen Di Atas Sebahagian Lot PT143, Seksyen 56, Jalan Hang Tuah/Jalan Pudu, Dalam Bandaraya Kuala Lumpur.

The Company would like to announce that ZCSB has on 29 August 2019, received the adjudication decision dated 28 August 2019 (“Adjudication Decision”) where the Adjudicator has determined as follows:

(a) BBCC shall pay to ZCSB the sum of RM2,058,173.96 (“Adjudicated Sum”);

(b) ZCSB shall be entitled to interest payment of 6.9% per annum on the Adjudicated Sum from the due date under Adjudication Decision until the date full payment is made; and

(c) Parties shall bear their own costs and expenses in this adjudication proceedings.

The Company is in the process of seeking advice from its solicitors on the enforcement of the Adjudication Decision with the purpose of recovering the Adjudicated Sum.

This Announcement is dated 29 August 2019.

Posted by kenie > 2020-07-17 01:13 | Report Abuse

ZELAN BERHAD - RESIGNATION OF AUDITORS

The Board of Directors of the Company wishes to announce that the Company had on 12 December 2019 received a notice in writing dated 12 December 2019 from Messrs. Afrizan Tarmili Khairul Azhar ("AFTAAS") on their resignation as Auditors of the Company.

The resignation of AFTAAS is due to the sanction imposed by the Securities Commission Malaysia's Audit Oversight Board prohibiting AFTAAS from accepting clients and auditing public interest entities or schedule funds for twelve (12) months.

Pursuant to Section 281(2) of the Companies Act 2016, AFTAAS's term of office shall end after twenty-one (21) days from 12 December 2019.

Save for the above, the Board is not aware of any matters that required to be brought to the attention of the shareholders of the Company.

Further announcement will be made by the Company on the appointment of a replacement Auditors in due course.

This announcement is dated 13 December 2019.

Posted by kenie > 2020-07-17 01:13 | Report Abuse

MATERIAL LITIGATION IN THE MATTER OF JOHOR BAHRU HIGH COURT SUIT NO. JA-22NCVC-137-06/2017 AND SUIT NO. JA-22NCVC-139-06/2017 BETWEEN PEMBINAAN YENG TONG SDN. BHD. AS PLAINTIFF AND ZELAN CONSTRUCTION SDN.BHD. AS DEFENDANT
ZELAN BERHAD


MATERIAL LITIGATION
Description IN THE MATTER OF JOHOR BAHRU HIGH COURT SUIT NO. JA-22NCVC-137-06/2017 AND SUIT NO. JA-22NCVC-139-06/2017 BETWEEN PEMBINAAN YENG TONG SDN. BHD. AS PLAINTIFF AND ZELAN CONSTRUCTION SDN.BHD. AS DEFENDANT
Zelan Berhad would like to announce that its wholly owned subsidiary, Zelan Construction Sdn Bhd (“ZCSB”) was informed by its solicitors that on 19 January 2020, the High Court in Johor Bahru has delivered its decision relating to the legal suits filed by Pembinaan Yeng Tong Sdn Bhd as Plaintiff against ZCSB as follows:-

a) that the Plaintiff’s claim via Johor Bahru High Court Suit No. JA-22NCVC-137-06/2017 for the sum of RM2,276,931.68 is dismissed with cost of RM10,000.00;

b) that the Plaintiff’s claim via Johor Bahru High Court Suit No. JA-22NCVC-139-06/2017 for the sum of RM2,626,311.27 is dismissed with cost of RM10,000.00; and

c) that ZCSB’s counterclaim is allowed with losses and damages to be assessed by the High Court.

The Company will make further announcement on any material development on this matter from time to time.

This Announcement is dated 4 February 2020.

Posted by kenie > 2020-07-17 01:14 | Report Abuse

MATERIAL LITIGATION IN THE MATTER AT COURT OF APPEAL PUTRAJAYA, APPEAL NO. J-02 (NCVC)(W)-276-02/2020 AND APPEAL NO. J-02(NCVC)(W)-266-02/2020 BY PEMBINAAN YENG TONG SDN. BHD AS APPELLANT AND ZELAN CONSTRUCTION SDN.BHD AS RESPONDENT


Subject MATERIAL LITIGATION
Description IN THE MATTER AT COURT OF APPEAL PUTRAJAYA, APPEAL NO. J-02 (NCVC)(W)-276-02/2020 AND APPEAL NO. J-02(NCVC)(W)-266-02/2020 BY PEMBINAAN YENG TONG SDN. BHD AS APPELLANT AND ZELAN CONSTRUCTION SDN.BHD AS RESPONDENT
Further to its announcement dated 4 February 2020 in relation to legal suits filed by Pembinaan Yeng Tong Sdn Bhd (‘PYT’) against Zelan Berhad’s (“Company”) wholly owned subsidiary, Zelan Construction Sdn Bhd (“ZCSB”), ZCSB has been informed by its solicitors on 10 March 2020 that PYT has filed it’s Notices of Appeal for both suits at Johor Bahru High Court Suit No. JA-22NCVC-137-06/2017 and Suit No. JA-22NCVC-139-06/2017 and both cases have now been fixed for first case management on 6 April 2020.


The Company will make further announcement on any material development in respect of this matter from time to time.

This Announcement is dated 11 March 2020.

Posted by kenie > 2020-07-17 01:14 | Report Abuse

FY16
revenue 222 mil
losses 67 mil

FY17
revenue 70.9 mil
losses 71.3 mil

FY18
revenue 72.5 mil
losses 23.59 mil

Posted by kenie > 2020-07-17 01:14 | Report Abuse

ZELAN
cash flow 5 mil
short term debt 38.16 mil
long term debt 509 mil
current liabilities 242 mil

Posted by kenie > 2020-07-17 01:14 | Report Abuse

ZELAN BHD
AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING

CONCERN AUDIT REPORT - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING CONCERN UNQUALIFIED OPINION WITH MATERIAL UNCERTAINTY RELATED TO GOING CONCERN IN ZELANBERHAD AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019

15/07/2020

Posted by Johnchew5 > 2020-07-17 06:36 | Report Abuse

This unqualified opinion is indeed in FY17 and FY18 audited annual report . FY19 is turned to Profit . FY20 is even better . Let's see Meena final grievances appeal that case management on 23/6/2020 and hearing on 23/7/2020 result ..

Posted by Johnchew5 > 2020-07-17 06:42 |

Post removed.Why?

Posted by Johnchew5 > 2020-07-17 06:49 |

Post removed.Why?

Posted by faizal > 2020-07-17 08:29 | Report Abuse

ho ho ho..auditor cakap .zelan susah nak business lagi bankruptcy punya lo..

Posted by faizal > 2020-07-17 08:33 | Report Abuse

ho ho ho....FY16 losses 67 mil , FY17 losses 71.3 mil , FY18 losses 23.59 mil

Posted by faizal > 2020-07-17 08:34 | Report Abuse

ho ho ho....MATERIAL LITIGATION hutang banyak ,cash tak ada ...sekarang covid contruction pelahan zelan bankruptcy

Posted by x3sphere > 2020-07-17 08:42 | Report Abuse

Pure faizal obvious stupid. Still wanna spurt nonsense without facts

Posted by faizal > 2020-07-17 08:44 | Report Abuse

ho ho ho.... bukan aku yang cakap zelan profesional AUDIT REPORT yang cakap - MODIFIED OPINION / MATERIAL UNCERTAINTY RELATED TO GOING

Posted by faizal > 2020-07-17 08:51 | Report Abuse

abang mike chong ajar punya selalu datang di Next cakap sejarah 2012 , 2014 unqualified opinion critic akan bankruptcy... nampak ini macam zelan kena auditor cakap susah nak business lagi.bankruptcy ...abang mike chong pun tiap tiap hari repeat critics kasi jatuh sampai 1c , kamu yang ajar punya aku ikut ...

Posted by Jack1234 > 2020-07-17 13:49 | Report Abuse

Kenie where is Fiscal Year 19 annual report result ? FY20 ?

Posted by Jack1234 > 2020-07-17 13:50 | Report Abuse

Short sighted ..