Posted by Mikecyc > 2022-12-27 08:48 |

Post removed.Why?

Posted by stockraider > 2022-12-27 11:06 | Report Abuse

Ya loh....since migrating to Australia should sell all insas-w at 50 sen mah!
Posted by Sslee > 2 hours ago | Report Abuse

Leno regret not selling WC at 50 cents and migrate to Australia.

Public Nominees (Tempatan) Sdn Bhd: 18,101,200: 5.46
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)

Posted by Sslee > 2022-12-27 14:12 | Report Abuse

I remember during one of the AGM, I told the manager incharged of M&A Securities that he need to capitalised on the name M&A. And make M&A synonym with mergers and acquisitions (M&As) activities and specialized M&A Securities in this M&A activities.

That day will come when Insas inject M&A Securities to main board listed SYF and rename the listed entity as M&A Capital.

Posted by stockraider > 2022-12-27 17:44 | Report Abuse

Possible good rerating upwards for insas loh!

Leno should pray hard for MNA successful listing loh!


Posted by Sslee > 3 hours ago | Report Abuse

I remember during one of the AGM, I told the manager incharged of M&A Securities that he need to capitalised on the name M&A. And make M&A synonym with mergers and acquisitions (M&As) activities and specialized M&A Securities in this M&A activities.

That day will come when Insas inject M&A Securities to main board listed SYF and rename the listed entity as M&A Capital.

Posted by Mikecyc > 2022-12-27 20:33 |

Post removed.Why?

Posted by Mikecyc > 2022-12-27 20:38 | Report Abuse

Haha analyst is recommended to buy M&A Capital instead of Insas … recalled this is the 3rd listing securities firm which is the smallest… once there is a bull year .. expecting the Revenue n Profits Shl be greatly increasing….

Posted by stockraider > 2022-12-27 21:41 | Report Abuse

This mike silly loh!
Very naive mah!
Listen to analyst soohrow loh!

Posted by stockraider > 2022-12-27 21:41 | Report Abuse

This mike silly loh!
Very naive mah!
Listen to analyst soohrow loh!

Posted by stockraider > 2022-12-27 21:41 | Report Abuse

This mike silly loh!
Very naive mah!
Listen to analyst soohrow loh!

Posted by Mikecyc > 2022-12-27 23:48 |

Post removed.Why?

Posted by Mikecyc > 2022-12-27 23:50 |

Post removed.Why?

Posted by Mikecyc > 2022-12-27 23:59 |

Post removed.Why?

Posted by TheContrarian > 2023-01-03 09:24 | Report Abuse

Insas cantek.

Posted by stockraider > 2023-01-03 10:46 | Report Abuse

Very cantik today loh!
Also with volume mah!
Very healthy trend loh!

Insas good investment mah!

Posted by Mikecyc > 2023-01-05 19:00 | Report Abuse

Haha no worries.. just get Insaf for Value Trap for 5 years ….

Posted by Mikecyc > 2023-01-11 20:22 | Report Abuse

Inari’s share price and earnings performance had echoed the two US tech heavyweights, Broadcom and Apple, over the past five years.

Apple and Broadcom did not immediately respond to Bloomberg’s and Reuters’ requests for comment.

According to Inari’s 2022 annual report, the Retirement Fund Inc is its largest shareholder with a stake of 8.75%. This is followed by the Employees Provident Fund and Insas Technology Bhd, with a stake of 6.22% and 4.61% respectively.

Posted by Mikecyc > 2023-01-11 20:24 | Report Abuse

Haha alamak Insaf is no longer a Substantial shareholder of Inari ke …. Can now quietly sell off Inari shares loh ..

Posted by Sslee > 2023-01-11 20:45 | Report Abuse

Mike please try harder.

Name INSAS BERHAD
Address No. 47-5 The Boulevard
Mid Valley City
Lingkaran Syed Putra
Kuala Lumpur
59200 Wilayah Persekutuan
Malaysia.
Company No. 196101000026 (4081-M)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 13 Jul 2022
200,000
Acquired Indirect Interest
Name of registered holder M & A Nominee (Asing) Sdn Bhd for Media Lang Limited
Address of registered holder No. 45-5, The Boulevard Mid Valley City Lingkaran Syed Putra 59200 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition in the open market
Nature of interest Indirect Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 537,008,575
Indirect/deemed interest (%) 14.483
Total no of securities after change 537,008,575
Date of notice 18 Jul 2022
Date notice received by Listed Issuer 18 Jul 2022


Remarks :
Indirect interest:-

(1) Insas Technology Berhad - 414,769,375 (No change)
(2) Insas Plaza Sdn Bhd - 103,872,700 (No change)
(3) Media Lang Limited - 17,216,500
(4) Montego Assets Limited - 850,000 (No change)
(5) Montego (S) Pte Ltd - 300,000 (No change)

Insas Berhad is deemed interested by virtue of Section 8(4) of the Companies Act, 2016 held through subsidiaries.

Posted by Sslee > 2023-01-11 20:55 | Report Abuse

NO. NAME
NO. OF
SHARES %
1. KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 324,838,300 8.75
2. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD
231,193,800 6.22
3. INSAS TECHNOLOGY BERHAD 171,219,375 4.61
4. MALAYSIA NOMINEES (TEMPATAN) SENDIRIAN BERHAD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
(01-00871-000)
100,000,000 2.69
10. UOBM NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
50,000,000 1.35
13. UOBM NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
45,000,000 1.21
15. CIMB GROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS TECHNOLOGY BERHAD
(INSBHD-RCCGLO2)
40,000,000 1.08
18. ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR INSAS PLAZA SDN BHD (6000068)
37,500,000 1.01

Posted by Sslee > 2023-01-11 21:00 | Report Abuse

SUBSTANTIAL SHAREHOLDERS AS AT 23 SEPTEMBER 2022
(Based on the Register of Substantial Shareholders)
DIRECT INTEREST INDIRECT INTEREST
NAME
NO. OF
SHARES %
NO. OF
SHARES %
Dato’ Sri Thong Kok Khee (1) 5,170,000 0.14 538,554,276 14.50
Insas Berhad (2) - - 537,008,575 14.46
Insas Technology Berhad (3) 414,769,375 11.17 17,216,500 0.46
Kumpulan Wang Persaraan (Diperbadankan) (4) 324,958,300 8.75 25,793,675 0.69
Employees Provident Fund Board 332,994,010 8.97 - -
(1) Direct interest and deemed interest by virtue of Section 8(4) and Section 59(11) of the Companies Act 2016 (“the Act”) held through
Insas Berhad, Immobillaire Holdings Pte Ltd and children.
(2) Deemed interest by virtue of Section 8(4) of the Act held through subsidiaries.
(3) Direct interest and deemed interest by virtue of Section 8(4) of the Act held through subsidiary.
(4) Direct interest and deemed interest held through fund managers.

Posted by Mikecyc > 2023-01-12 06:11 | Report Abuse

Haha the full article:

Inari affected by Apple’s chip replacement move https://www.thestar.com.my/business/business-news/2023/01/11/inari-affected-by-apples-chip-replacement-move#.Y78zOgNl_IU.whatsapp

Posted by Mikecyc > 2023-01-12 06:56 | Report Abuse

Haha referred to the Annual Report 2022 … the newspaper analyst just take the Top 3 … did not accumulate the % ….

Posted by stockraider > 2023-01-12 12:00 | Report Abuse

Everyone must be aware of this loh!

If this share is going to go up....it will not tell u mah....it will tell people like Sslee & Raider 1st loh!

Lu tau boh ???

Posted by Mikecyc > 2023-01-14 08:12 |

Post removed.Why?

Posted by stockraider > 2023-01-27 08:39 | Report Abuse

Just accumulate loh!

Zhulian lost making while insas still very profitable loh!

Better Convert zhulian to insas loh!

Posted by Mikecyc > 2023-02-09 10:51 | Report Abuse

Haha accumulate n Insaf for 5 years ke ….

Posted by stockraider > 2023-02-11 09:53 | Report Abuse

U buy while cheap loh!

Not simply chase loh!

Do not be silly simply chase when everyone excited mah!

Posted by Sslee > 2023-02-20 10:21 | Report Abuse

Questions for the EGM.

Dear Dato’ Wong,

I would like to submit the below questions for the upcoming EGM on 23 Feb 2023.

Refer: INSAS 2022 annual report page: 134 SUBSIDIARY COMPANIES
Redeemable convertible preference shares (Note 10(d)) RM 483,600,000

Refer M&A Securities Sdn Bhd:
Equity:
Share capital RM 100,000,000
Redeemable convertible preference shares: RM 60,000,000

Question 1: Is M&A Securities Sdn Bhd RM 60,000,000 redeemable convertible preference share totally held by INSAS?

Question 2: The INSAS 2022 annual report SUBSIDIARY COMPANIES redeemable convertible preference shares (Note 10(d)) RM 483,600,000. Please list down the rest of the redeemable convertible preference shares which were allotted from which subsidiary and the salient terms of each redeemable convertible preference shares?

Refer key matters discussed on Dividend:
59th INSAS AGM 2021
The Board will review and evaluate the financial performance, the availability of free cash and funding commitments of the Company and the global economic outlooks for the next 1 – 2 quarters before deciding any additional dividend that may be proposed and declared by the Company

60th INSAS AGM 2022
The Board has been prudent and conservative in maintaining cash reserves. The key businesses of Insas are stockbroking, structured financing and money lending where the revenue and earnings are volatile, the Group needs to maintain sufficient cash reserves to meet funding requirements and invest in any good investment opportunities that may come along.

The key businesses of Insas are stockbroking, corporate finance and structured financing which are performance driven. We hire people who are high achievers and the remuneration of the directors and key management staff of subsidiaries are linked to the financial performance of the respective subsidiary companies and are market driven.

The proposed dividend of 2.5 sen represents approximately 3.2% dividend yield based on the current market price. The Board will review and evaluate the financial performance, the availability of free cash and funding commitments of the Company and the global economic outlooks for the FY 30 June 2023 and review the dividend payment rate.

On disposal of M&A Securities
The proposed disposal of M&A which is essentially a backdoor listing of M&A via SYF will enable M&A to raise its corporate profile, its future equity and debt funding requirements through the financial and capital market independently from Insas Group, expand its customer base, attract new employees from the financial services industry, and to motivate and retain existing key management staff of M&A. Post completion, we envisage improvement in the financial performance of the combined SYF/M&A group.

Currently, the Board has no plans to declare special dividend after the proposed disposal as post completion of the RTO,

Question 3: I can understand previously INSAS need to support working capital for M&A broking business and keep sufficient cash reserves for M&A provision of share margin financing facilities, corporate finance and structured financing corporate advisory services such as initial public offering, acquisitions and disposals, take-overs, capital fund raising exercise, transfer of listing, general corporate finance advisory as well as placement and underwriting services.

Post backdoor listing of M&A via SYF will enable M&A to raise its corporate profile, its future equity and debt funding requirements through the financial and capital market independently from Insas Group. Hence post RTO Insas should have more than enough free cash to reward shareholders with better dividends.

I henceforth sincerely appeal to the Board: Will the Board please kindly reconsider and declare a special dividend after the proposed disposal as post completion of the RTO?


Thank you
Have a good day

Best Regards
Lee Soon Sheng

Posted by CharlesT > 2023-02-20 12:24 | Report Abuse

I think they also have free toilet papers

Posted by Sslee > 2023-02-20 13:10 | Report Abuse

Appeal noun. an earnest request.
The Board shortform for Board of Directors.

Bt the way my Jayatiasa already up by 17%.

Posted by TheContrarian > 2023-02-20 13:55 | Report Abuse

Special dividend coming?

Posted by Sslee > 2023-02-20 18:50 | Report Abuse

Hi Lee

Will reply at forthcoming EGM. The disposal if a RTO of SYF & all sale consideration will be “paid” via the issuance of new SYF shares, resulting Insas becoming its controlling shareholders holding initially more than 65% of the SYF’s enlarged share capital, and there will be no cash payment by SYF to Insas, save for 18 sen dividend to be paid by SYF

Will reply in detail

Regards
wgk

Posted by Sslee > 2023-02-20 20:53 | Report Abuse

Insas currently hold 50,015,200 SYF share. So Insas will received RM 0.18 x 50,015,300= RM 9,002,736 dividend from SYF.

Posted by Sslee > 2023-02-21 07:49 | Report Abuse

Just to save the tree, I already long ago never use any toilet paper afterall nowadays toilet come with water bidet.

Posted by Wealthy99 > 2023-02-21 21:20 | Report Abuse

Too many players on renewal energy especially solar panel related.
Profit margin will shrink seriously. This type of business is not a good company to invest unless the company can have unique core patented design, not the ordinary solar panel.

Posted by Wealthy99 > 2023-02-21 21:22 | Report Abuse

GUH also want to involve in solar energy. Anyone can also involve in this business as long as you have big customer and you offer great low price to customer. To penetrate to solar panel business is not so hard indeed.

Posted by Sslee > 2023-02-25 13:06 | Report Abuse

TQVM i3lurker for the information.

Posted by speakup > 2023-02-25 19:57 | Report Abuse

SS Lee is a sifu. He knows what to do

Posted by Sslee > 2023-02-26 07:03 | Report Abuse

I have plantation, steel, O&G, energy and value theme play in my portfolio. The only thing is I know how to buy but don't know when to sale.

Posted by BobAxelrod33 > 2023-02-26 07:10 | Report Abuse

You're too sentimental and romantic crossed eye love sick. Waiting too long for Insas and the likes.......basically Bursa is see money take money and no father-son relationships. Counters cannot stay up for too long.

BTW, how many years are you married to Insas???

Posted by Sslee > 2023-02-26 07:34 | Report Abuse

I subscribe with 10% excess application for Insas-PB with free Insas-WC. Later I sold all PB and WC and bought Insas that push my holding to top 30 shareholders list.

This year my salarly will go toward sponsoring my second son purchase of apartment in Singapore.

So this year I will only do some portfolio rebalancing.

Posted by Johnchew5 > 2023-02-26 09:01 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-26 10:37 |

Post removed.Why?

Posted by Johnchew5 > 2023-02-26 10:41 |

Post removed.Why?

Posted by StartOfTheBull > 2023-02-26 10:42 | Report Abuse

i3lurker

12,473 posts

Posted by i3lurker > 6 days ago | Report Abuse

next change coffin ramah RM5.00 light cardboard coffin


DickyMe

12,534 posts

Posted by DickyMe > 6 days ago | Report Abuse

Cardboard is a bit pricey. Use old newspaper.

xxxxxxxxxxxx
What a wonderful world and people. Enjoy

Posted by Johnchew5 > 2023-02-26 10:49 |

Post removed.Why?

Posted by StartOfTheBull > 2023-02-26 11:03 | Report Abuse

Then why he is still here? LOL

Posted by StartOfTheBull > 2023-02-26 11:03 | Report Abuse

i3lurker

12,461 posts

Posted by i3lurker > 1 week ago | Report Abuse

menu ramah RM5.00 for rice meat and vege
thats the Rakyat standard now
even Gobermen bankrupt no money for general hospital, cheaper for Rakyat to die.

Posted by Income > 2023-02-26 12:29 | Report Abuse

Strength?
https://youtube.com/shorts/W0CzOBhOa74?feature=share

Posted by Johnchew5 > 2023-02-27 06:36 |

Post removed.Why?