KUALA LUMPUR (May 5): Two wholly-owned subsidiaries of UEM Sunrise Bhd have been slapped with additional taxes and penalties amounting to RM82.18 million by the Director General of Inland Revenue Board (IRB). In a filing with Bursa Malaysia today, UEM Sunrise said the notice of additional assessment and penalty of RM8.49 million for the years 2013 to 2018 was issued to UEM Land Bhd, following the removal of Bumiputera quota and low-cost requirements at its selected developments in Iskandar Puteri.
Game Over......Shitty Management ....with shitty fines .....margin call next week
Try imagine how lousy the company is?! As a developer but keep selling land to keep the company survive and mitigate the huge losses! Even the KL prime land nearby KLCC also up for sales and many more assets especially Mont Kiara area is put up for sales! Weak management and shareholder
This company having main shareholder "K" which also main shareholder to MAS....just see how they manage MAS, then you know what to do wth this stock
Yesterday dispose all my UEM Sunrise share , hopeless counter and suffered losses of 40% for past 1 year Right issue anytime wth their negative cashflow
Expected another huge losses for this 2021 year and unsold inventory@property is on the uptrend , weak management, negative cash flow I really truly regretted wth my own stubbornness holding on to UEM Sunrise for past 4 years wth total losses of 68% even a lot of my investor friends ask me to cut loss earlier and invest at good fundamental company The lesson from my own experiences, dont ever invest at lousy company wth their revenue and profit keep decreasing and some more to the huge losses !
Yes, I also sold all yesterday at 41.5sen. Time to cut loss. Bought MRCB at 42.5sen. At least MRCB give dividend of at least 1sen every year. UEMS give nothing and keep on going down!
The time has come for political appointees who are unqualified and unprofessional to resign as Chairman of Government Linked Corporations(GLCs) like Prasarana, DAP secretary-general Lim Guan Eng said today. #theSun #theSundaily #LimGuanEng #GLC #GovernmentLinkedCorporations #politicalappointees
Never bothered to wear a face mask at the press conference, and his press conference was totally unacceptable / unprofessional. It just went to show how low a person could be. Is he a Datuk Sri? gosh what a joke!!!!!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Steady Punpipi
7,570 posts
Posted by Steady Punpipi > 2021-05-06 13:45 | Report Abuse
https://www.thestar.com.my/business/business-news/2021/05/06/strong-demand-for-khazanah-us-dollar-sukuk
More SuCock More Debts ...nice one