Posted by visdonotbuy > 2015-03-15 14:00 | Report Abuse

mahathir and Eric corrupt Perwaja 150 million...
this two baruah hv to pay back the money....Mahathir anak haram India hv to settle the debt...this baruah PM Mahathir always say he is mamak Islam....actually he is from India...pure India...pariah Hindu tak mengaku he is India after corrupt the Perwaja money...celeka PM yg tsk guna...baruah anak india Mahathir

Posted by visdonotbuy > 2015-03-15 14:10 |

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Posted by pudi > 2015-03-30 19:10 | Report Abuse

Mahathir is a big corruption ghost, Malaysia today hv debt 700milion is bcos of Paria Mamak Mahathir, he should go to hell , Epf money hv corrupted morethan 200 million

Posted by Unbeatable Nick > 2015-04-10 09:07 | Report Abuse

Tan Sri TS Law eyeing Perwaja (Focus Malaysia font page)

Posted by aliyusof > 2015-04-10 11:27 | Report Abuse

Old news recycled. Then Chinese take over. Market get used to it. No feeling. Do not want to get trapped again and again.

Posted by Unbeatable Nick > 2015-04-13 23:09 | Report Abuse

We refer to the announcements made on 26 November 2014, 9 January 2015 and 23 March 2015. On behalf of the Board of Directors of the Company, M&A Securities Sdn Bhd wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had on 13 April 2015 approved the application for an extension of time up to 31 July 2015 to submit the Company’s regularisation plan to the regulatory authorities subject to the Requisite Announcement being made by 15 May 2015.

Posted by aliyusof > 2015-04-14 12:49 | Report Abuse

Bursa Malaysia Securities Berhad (“Bursa Securities”) had on 13 April 2015 approved the application for an extension of time up to 31 July 2015 to submit the Company’s regularisation plan to the regulatory authorities subject to the Requisite Announcement being made by 15 May 2015.

The aforesaid extension of time is without prejudice to Bursa Securities’ rights to proceed to suspend the trading of the listed securities of Perwaja and to de-list the Company if:

(i)         the Company fails to make the Requisite Announcement on or before 15 May 2015;

(ii)        the Company fails to submit a regularisation plan to the authorities on or before 31 July 2015;

(iii)       the Company fails to obtain the approval from any of the regulatory authorities necessary for implementation of its regularisation plan; and

(iv)      the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.

Upon occurrence of any events set out in (i) to (iv) above, Bursa Securities shall suspend the trading of the listed securities of Perwaja on the next market day after five (5) market days from the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting.


Caution to minority shareholders: beware!!!

Posted by pudi > 2015-04-18 12:15 |

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Posted by pudi > 2015-04-18 12:20 |

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Posted by pudi > 2015-04-18 13:17 |

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Posted by pudi > 2015-04-18 15:43 | Report Abuse

If the PM still xorrupt...Malaysia will become Greese

Posted by aliyusof > 2015-04-20 15:51 | Report Abuse

Goven tak akan bantu Perwaja... 1MDB sudah cukup kepala pening..

Posted by aliyusof > 2015-04-22 14:57 | Report Abuse

Ikan bilis mari mari banyak beli...

Posted by pudin > 2015-04-22 17:09 | Report Abuse

yes

Posted by pudin > 2015-04-22 17:11 |

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Posted by aliyusof > 2015-04-22 18:43 | Report Abuse

Buaya akan makan semua ikan bilis ini..

Posted by sweetdreamparia > 2015-04-22 18:56 |

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Posted by aliyusof > 2015-04-22 18:59 | Report Abuse

Buaya makan semua ikan bilis ..... ha ha

Posted by HungryWhere2Go > 2015-04-22 19:58 | Report Abuse

Why up?

Posted by sweetdreamparia > 2015-04-22 20:19 |

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Posted by sweetdreamparia > 2015-04-23 10:19 |

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Posted by aliyusof > 2015-04-23 11:24 | Report Abuse

So some news in the paper, then go up and down again...so many rounds da, many ikan bilis kena trapped. Buaya laughing to the bank... ha ha

Posted by sweetdreamparia > 2015-04-23 11:32 |

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Posted by sweetdreamparia > 2015-04-24 07:49 |

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Posted by aliyusof > 2015-04-24 11:24 | Report Abuse

Company has been privatized since 1999. New owners now, Pheng family in Kuantan, do not bark at the wrong trees lah.

Posted by sweetdreamparia > 2015-04-24 14:45 |

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Posted by sweetdreamparia > 2015-04-24 14:47 |

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Posted by sweetdreamparia > 2015-04-24 14:48 |

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Posted by aliyusof > 2015-04-25 16:29 | Report Abuse

UMNO hidup!

Posted by sweetdreamparia > 2015-04-25 16:42 |

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Posted by sweetdreamparia > 2015-04-25 16:44 |

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Posted by aliyusof > 2015-04-27 06:18 | Report Abuse

Relax...brothers

Posted by cherry88 > 2015-04-30 09:13 | Report Abuse

cannot relax......missile launched....

Posted by sure > 2015-04-30 09:52 | Report Abuse

wat happen shot up?

Posted by spaghetti > 2015-04-30 10:30 | Report Abuse

Take over ?

Posted by nanaour > 2015-04-30 10:30 | Report Abuse

trap similar like cybert

Posted by poyo > 2015-04-30 10:38 | Report Abuse

trap..sell fast

Posted by moneygal usdollar > 2015-04-30 10:39 | Report Abuse

poyo u wanna buy cheaper?

big gun waiting 20+

Posted by i024466 > 2015-04-30 10:41 | Report Abuse

Has this got to do with Perwaja's MoA with China’s Zhiyuan Investment as reported in the Star on 12 February 2015?

In a filing with Bursa Malaysia, Perwaja said that Zhiyuan had agreed to conduct a study of the investment proposal and explore the feasibility of an investment in Perwaja. Both the studies will be conducted and completed within two months from the date of the MoA.

Zhiyuan, a Chinese investment company with one of its core businesses in alloy manufacturing, is looking to expand its business into Malaysia. Perwaja told Bursa that it had entered into the MoA because it was an affected listed issuer under the Practice Note 17 (PN17).

Posted by cherry88 > 2015-04-30 10:43 | Report Abuse

http://www.theedgemarkets.com/my/article/perwaja-jumps-52-kinsteel-15-active-trade

Posted by cherry88 > 2015-04-30 10:45 | Report Abuse

http://www.theedgemarkets.com/my/article/perwaja-jumps-52-kinsteel-15-active-trade

Posted by moneygal usdollar > 2015-04-30 10:47 | Report Abuse

capital injection

Posted by aliyusof > 2015-04-30 11:14 | Report Abuse

Musical chair... better hit and run... be careful..

Posted by aliyusof > 2015-04-30 11:18 | Report Abuse

Already 3rd or 4th traps... happy go hunting or being hunted.

Posted by Zai Zai > 2015-04-30 11:26 | Report Abuse

mari, who wan gamble.
May become toilet paper if no news before 15 May 2015;
or become golden paper if got capital injection
the choices is you decide

Posted by aliyusof > 2015-04-30 13:32 | Report Abuse

Any one can sign MOU with any buyer to do investment feasibility study or even sign a formal sale & purchase agreement but with some pre-conditions (exit or escape clauses) included which automatically allow agreement to be terminated if conditions not fulfilled within a specified period. Advice is there must a real injection of hard $$$ and consent of takeover by their banks or creditors. Dateline for this is 15 July. Speculate and take high risk at your own choice even if there is even an announcement before 15th May. It is a zero fundamental counter and risk is very very high. Perhaps do a hit and run. Happened many times before.

Posted by Zai Zai > 2015-04-30 13:52 | Report Abuse

Since November 2013, Perwaja has been a Practice Note 17
The year ended June 2014, net losses amounted to RM1.2 billion.
Perwaja had cash and bank balances of RM7. 5 million
overdrafts and short-term borrowings totalled RM1.1 billion and long-term debt commitments came to RM276.4 million.
Perwaja’s unsecured lenders include Petronas, which until end-2014, was owed more than RM275 million, while Tenaga was owed more than RM175 million in electricity bills

but..

Posted by AyamTua > 2015-04-30 14:31 | Report Abuse

must have forgiveness in heart lah .. chieng! chieng! chieng! chieng! chieng! chieng! chieng! chieng! chieng! chieng! chieng! chieng!

(((TMS)))
(((PWORTH)))
((((GLOTEC)))
(((DSONIC))))

Posted by dc7803 > 2015-04-30 16:03 | Report Abuse

2day no more strength. Lucky can close at 16.5sen.

Posted by aliyusof > 2015-05-01 06:25 | Report Abuse

Perwaja announcement on 30 April 2015

(a)        A Second Memorandum of Agreement between Perwaja and Zhiyuan to formalise the parties’ agreement to revamp and restart the Kemaman Plant pending the procurement of all requisite approvals to implement Perwaja’s Proposed Regularisation Scheme; and

(b)        A Lease Agreement between Perwaja Steel Sdn Bhd (“PSSB”), a wholly-owned subsidiary of Perwaja and Zhiyuan in relation to the lease by PSSB of a portion of the land forming the Kemaman Plant to Zhiyuan.

Capital injection? Debt settlement?