Posted by pangolin > 2015-12-18 00:13 | Report Abuse

ha ... look like a lot bro here move in zelan president penhouse suite .......

Posted by ding dong > 2015-12-18 18:12 | Report Abuse

new ABU DHABI crab....!!!!

THERS MEENA PLAZA MIXED USE DEVELOPMENT PROJECT, ABU DHABI, UNITED ARAB EMIRATES

ZELAN BERHAD

Type Announcement
Subject OTHERS
Description MEENA PLAZA MIXED USE DEVELOPMENT PROJECT, ABU DHABI, UNITED ARAB EMIRATES
Building Contract for Procurement, Construction and Completion of Package 2 Main Construction Package of Meena Plaza Mixed Use Development Project, Abu Dhabi, United Arab Emirates between Meena Holdings LLC (“Employer”) and Zelan Holdings (M) Sdn Bhd, Abu Dhabi Branch (“ZHSB”), as contained in the Contract Agreement dated 1 April 2008, Supplementary Agreement dated 9 June 2011 with Addendum dated 17 January 2012, and Second Supplementary Agreement dated 15 April 2014.

Further to its announcement dated 17 September 2015, Zelan Berhad (“Company”) would like to announce that its wholly owned subsidiary, ZHSB, has on the late evening of 17 December 2015 received notifications from HSBC Bank Middle East Limited (“Bank”) informing ZHSB that the Bank has on 17 December 2015 received two (2) notices of demand from the Employer, the owner of Meena Plaza Mixed Use Development Project in Abu Dhabi, United Arab Emirates in respect of the following:

1. the Guarantee under Reference No. PEBDUB044456 issued by the Bank on 28 August 2014 in favour of the Employer amounting to AED40,980,997.61; and

2. the Guarantee under Reference No. PEBDUB044461 issued by the Bank on 28 August 2014 in favour of the Employer amounting to AED51,549,002.39.

Based on the advice given by its legal counsels in Abu Dhabi, ZHSB shall take the necessary steps to refute and contest the validity of the abovementioned demands made by the Employer. The Company will make further announcements on any material development on the matter.

This announcement is dated 18 December 2015.

Posted by ding dong > 2015-12-18 18:15 | Report Abuse

.dono y zelan never learn lesson from previous crab for the same guy...

Posted by kentlim > 2015-12-21 10:53 | Report Abuse

I can't really get the whole picture.. Anyone can describe it in general term? Thank you very much.

Posted by paperplane2016 > 2015-12-21 13:01 | Report Abuse

these middle east ppl really no integrity, phew

Posted by pangolin > 2015-12-21 21:25 | Report Abuse

walau ........ from 40 cts .... slowly til... 24 cents ...... 20 cts boleh ??

Posted by pangolin > 2015-12-22 23:16 | Report Abuse

pukima zelan ..... never learn te lesson ....

Posted by asdf > 2015-12-23 00:56 | Report Abuse

It is not that they never learn a lesson.
It is the side kick that they want.

Posted by pangolin > 2015-12-23 10:54 | Report Abuse

zelan tot is ip man ..... 1 can fight 10........100 milions....... is huge amount ......

Posted by Arefiq84 > 2015-12-23 12:50 | Report Abuse

Start to accumulate...dont worry this company is well perform...the bottom is near...turn around soon...

Posted by afata08 > 2015-12-23 15:52 | Report Abuse

Are...what price the bottom would be?

Posted by Arefiq84 > 2015-12-23 16:03 | Report Abuse

I think the lowest will be at 0.235...but look like the volume strong right now...

Posted by afata08 > 2015-12-23 16:09 | Report Abuse

good price @ 0.25! or wait lower..takut miss the boot...huhu

Posted by maps > 2015-12-23 21:00 | Report Abuse

may some investor advise whether its good price 0.25 to go in. Is this share good for long term

Posted by ding dong > 2015-12-31 19:17 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4964021

Posted by lian998 > 2015-12-31 19:26 | Report Abuse

ding dong sifu, is it bad or good news?

Posted by ding dong > 2015-12-31 20:22 | Report Abuse

....potential renew project....aprox rm300mil +...!??

Posted by asahmad > 2015-12-31 20:29 | Report Abuse

Happy New Year 2016….....

Posted by DreamMaster > 2015-12-31 20:35 | Report Abuse

wolume smon

Posted by lian998 > 2015-12-31 21:21 | Report Abuse

wishing everyone a happy n prosperous new year .

Posted by pangolin > 2016-01-02 14:46 | Report Abuse

zelan benefit from value cap ??

Posted by Limitless > 2016-01-04 16:32 | Report Abuse

Zelan will up very soon at least 0.300

Posted by heng88 > 2016-01-05 06:25 | Report Abuse

But quite some times never been up to 030 cents!!!!

Posted by datasonic > 2016-01-05 15:44 | Report Abuse

lier ...

Posted by 1009 > 2016-01-05 20:27 | Report Abuse

B4 gongxifacai , I think can up few take angpao lo...

Posted by pangolin > 2016-01-06 12:12 | Report Abuse

i am happy if can up to 30 c too ...

Posted by datasonic > 2016-01-06 15:18 | Report Abuse

why suddenly up ?

Posted by ding dong > 2016-01-07 00:27 | Report Abuse

because it goreng time kiki

Posted by Limitless > 2016-01-07 10:55 | Report Abuse

Zelan sure up . Anytime by now will up 0.300 ..China dragon coming

Posted by datasonic > 2016-01-07 15:05 | Report Abuse

now going down ... china also run away

Posted by 891088 > 2016-01-11 20:17 | Report Abuse

Gd news coming soon. Hope this penny will fly is just like Awc

Posted by heng88 > 2016-01-11 21:27 | Report Abuse

Hopes so

Posted by heng88 > 2016-01-11 21:27 | Report Abuse

Good luck to everyone!

Posted by Limitless > 2016-01-12 11:09 | Report Abuse

Tp 0.300 ..b4 CNY ..ongmali

Posted by pangolin > 2016-01-12 23:22 | Report Abuse

gone ..... case ..... zelan .....

Posted by 1009 > 2016-01-13 11:35 | Report Abuse

Slow slow coming ????....

Posted by datasonic > 2016-01-13 11:55 | Report Abuse

no lah ...... i dun think it will come
i plan to let it go .... holding this counter 2 years go till now

Posted by Limitless > 2016-01-13 14:01 | Report Abuse

Data sonic ..please sell it at 0.240 ..I want to collect more :)

Posted by Limitless > 2016-01-13 14:02 | Report Abuse

Zelan have a strong fundamental and cash flow ..sure up up ..ongmali

Posted by Timie > 2016-01-18 13:15 | Report Abuse

Wow..! 0.23 Very Cheap... :)

Posted by pangolin > 2016-01-18 15:09 | Report Abuse

no eyes c .........

Posted by datasonic > 2016-01-18 19:09 | Report Abuse

i just sold some at 0.235

Posted by 1009 > 2016-01-19 15:06 | Report Abuse

Ok... I help eat ur price

Posted by Timie > 2016-01-20 15:55 | Report Abuse

0.23! very cheap. cepat2 sapu..

Posted by kerengga > 2016-01-28 12:06 | Report Abuse

its a good time to recollect..cheers!

Posted by kerengga > 2016-01-28 12:06 | Report Abuse

http://hafizmd.com/wpblog/zelan-berhad/

Posted by vews08 > 2016-01-30 10:36 | Report Abuse

If bankrupt, only your guy know

Posted by jayawin > 2016-01-31 23:44 | Report Abuse

Please don't enter this counter unless issue with middle east company solve

Posted by pangolin > 2016-02-01 15:49 | Report Abuse

my hair all wet ... after in this counter .....

Posted by Haha > 2016-02-02 22:24 | Report Abuse

looks like signal want to up for CNY...go go..