On 12 June 2018, Rev Asia Holdings Sdn Bhd (“RAHSB”), an indirect wholly-owned subsidiary had entered into a conditional Share Sale Purchase Agreement (“SSPA”) with Mr. Jaffa Sany Bin Mohd Ariffin (the “Vendor”) to acquire 520,000 ordinary shares in Vocket Media Sdn Bhd (“Vocket”) (“Sale of Shares”), representing 52% equity interest in Vocket, for a cash consideration of RM2,600,000 (“Proposed Acquisition”).
NSTP sales needed to finalise and will boost the company This further enables the group to allocate resources to reinforce the existing businesses and is expected to contribute positively towards the group's overall transformation plans," said the company in the filing.
Epf here . No need scare. Money is big big Assets is rich rich 2 ringgit coming soon. Media Malaysia back to in charge Malaysia economy soon. Very fast you will see limit up
Hai everyone in this group. l'm new in this group and would like to seek some advise from any sifus here. planning to accumulate some shares for medium term.thks.
I'm really "impressed" with the outcome of Media after the defeat of the old gov. Something to ponder over the assets that Media Prima have overtime.
Rumor has it say, that Media belonged to UMNO. (False) Rumor stay as rumor.
Media Prima was used as a trajectory for UMNO to trive in their reign once upon a time.
So to say, Media is free from these rascals. BUT not from the excruciating loan debts from subsidiaries over the years.
The proposal to sell Bangsar, Shah Alm, and Shah Alm lands as proposed b New Straits Times Press which is a subs owned by Media Prima too PNB for a cash of 280 mil.
Market value for these 3 properties valued at 305.50 mil which par a dis of 8.35% to PNB.
Looking ahead, the sales of the proceeds 271.60mil will go to :- 1.settle loans of 48.35mil 2.new intercompany loans of 223.25mil 3. excess of 2.9mil will be used for internal funds.
good. over employed. need to cut as they can't match the required productivity. what is the good of keeping them when the 10 assignments can be done by 1 person? you don't need 10 person for 10 assignments! Wastage!
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MIDF
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Posted by MIDF > 2018-10-01 11:49 | Report Abuse
MIDF no upgrade?
https://klse.i3investor.com/servlets/stk/pt/4502.jsp