Posted by roller77 > 2022-06-29 20:41 | Report Abuse

The company just realesed an announcement to respond to the wild accusation.

Posted by vespa > 2022-06-29 21:38 | Report Abuse

typical of malaysia boleh

Posted by vespa > 2022-06-29 21:41 | Report Abuse

when there is a whiff of a rumour pls dont ignore it as mch as the mgmt scream on roof tops that all is fine. run for the hills

Posted by roller77 > 2022-06-29 21:49 | Report Abuse

Come come lets not deny this, those who want to sell this is the time...pls sell n others will buy ur cheap ticket.

Posted by vespa > 2022-06-29 21:50 | Report Abuse

Oh dear! Accusations are not wild ..mgmt has gone rogue; read the report and let them tear it down in a press conference rather that issuing statements. I fear another Serba

Posted by roller77 > 2022-06-29 21:54 | Report Abuse

Sell sell...come come. We buy buy..y u fear another serba. Have u sold down urs? Better cut.

Posted by speakup > 2022-06-29 21:55 | Report Abuse

https://www.theedgemarkets.com/article/cypark-denies-viral-articles-allegations-concealing-information-pertinent-investors

look like some ppl want to tarnish cypark reputation so they can buy cypark dirt cheap

Posted by vespa > 2022-06-29 21:59 | Report Abuse

I have none. Serba or Cypark. Learnt my lesson with Ramunia. Adios all the best to rampers and derampers.

Posted by speakup > 2022-06-29 22:01 | Report Abuse

https://focusmalaysia.my/is-matriculation-the-cause-of-quality-downfall-at-malaysias-public-universities/

Posted by Surge > 2022-06-29 22:05 | Report Abuse

Chef Garim also do the same way to deny, but later all colour came out.
Nowadays lies everywhere, don’t know who to trust, got loss

Posted by PunTatBerSiul > 2022-06-29 22:22 |

Post removed.Why?

Posted by Klse2022 > 2022-06-29 22:45 | Report Abuse

Short seller normally will spread rumours to press down the price.
Intangible asset of 901 million consist of
1)188mill. Being the profit from construction of public services. This is correct as it is report according to accounting standard.
2) 713 millions. We can't say this asset is worth nothing. We can't say wte physical plant worth nothing. The worst case is only the short fall between 713mi n the actual value for the wte plant

Posted by Good123 > 2022-06-30 07:34 | Report Abuse

Particulars of Director
Name TAN SRI RAZALI BIN ISMAIL
Descriptions(Class) Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
14/06/2022
2,500,000
Disposed
Direct Interest
Name of registered holder AllianceGroup Nominees (Tempatan) Sdn. Bhd.-Pledged Securities Account for Tan Sri Razali Bin Ismail
Description of "Others" Type of Transaction
Consideration (if any) RM737,500.00
Circumstances by reason of which change has occurred Disposal of Shares
Nature of interest Direct Interest

Posted by Good123 > 2022-06-30 07:35 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)
CYPARK RESOURCES BERHAD

Information Compiled By KLSE

Particulars of Director
Name TAN SRI RAZALI BIN ISMAIL
Descriptions(Class) Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
09/06/2022
2,450,000
Disposed
Direct Interest
Name of registered holder Maybank Nominees (Tempatan) Sdn. Bhd.-Pledged Securities Account for Tan Sri Razali Bin Ismail
Description of "Others" Type of Transaction
Consideration (if any) RM784,000.00

Circumstances by reason of which change has occurred Disposal of Shares
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 22,835,420
Direct (%) 3.878
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 10/06/2022
Date notice received by Listed Issuer 10/06/2022


Remarks :
The interest (direct in terms of number of shares) of Tan Sri Razali Bin Ismail further to the transactions is as follows:-
(a) Ordinary shares:-
(1) Registered under AllianceGroup Nominees (Tempatan) Sdn. Bhd. (Pledged Securities Account for Tan Sri Razali Bin Ismail): 12,015,220 ordinary shares
(2) Registered under Maybank Nominees (Tempatan) Sdn. Bhd. (Pledged Securities Account for Tan Sri Razali Bin Ismail): 10,820,200 ordinary shares
(b) Balance of unexercised ESOS - 4,000,000 ESOS

Announcement Info
Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 10 Jun 2022
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-09062022-00023

Posted by Good123 > 2022-06-30 07:36 | Report Abuse

Notice of Person Ceasing (Section 139 of CA 2016)
CYPARK RESOURCES BERHAD
Particulars of Substantial Securities Holder
Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19, Bangunan KWSP, Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.
Company No. EPF ACT 1991
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Name of registered holder Citigroup Nominees (Tempatan) Sdn. Bhd.
Address of registered holder Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
Date of cessation 25 May 2022
No of securities disposed 14,788,750
Circumstances by reason of which a person ceases to be a substantial shareholder 1. Disposal of 13,788,750 ordinary shares registered under Employees Provident Fund Board
2. Disposal of 1,000,000 ordinary shares registered under Employees Provident FD BD (ARIM)
Nature of interest Direct Interest

Date of notice 26 May 2022
Date notice received by Listed Issuer 30 May 2022


Remarks :
The direct interest of the Employees Provident Fund Board further to the transaction is as follows:-

Registered under Citigroup Nominees (Tempatan) Sdn. Bhd.
(1) Employees Provident FD BD (CIMB PRI) - 11,441,400 ordinary shares
(2) Employees Provident FD BD (ARIM) - 3,836,800 ordinary shares

Announcement Info
Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 30 May 2022
Category Notice of Person Ceasing To Be Substantial Shareholder Pursuant to Section 139 of CA 2016
Reference Number CS3-30052022-00001

Posted by Good123 > 2022-06-30 07:36 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
CYPARK RESOURCES BERHAD

Particulars of substantial Securities Holder
Name DATO' DAUD BIN AHMAD
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 26 May 2022
1,500,000
Disposed Direct Interest
Name of registered holder TA Nominees (Tempatan) Sdn. Bhd.-Pledged Securities Account for Dato' Daud Bin Ahmad
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of Shares
Nature of interest Direct Interest
Direct (units) 39,253,584
Direct (%) 6.667
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 39,253,584
Date of notice 30 May 2022
Date notice received by Listed Issuer 30 May 2022


Remarks :
The interest (direct in terms of number of shares) of Dato' Daud Bin Ahmad further to the transactions is as follows:-

Ordinary shares:-
(1) Registered under RHB Nominees (Tempatan) Sdn. Bhd. (Pledged securities account for Dato' Daud Bin Ahmad): 1,000,000 ordinary shares
(2) Registered under RHB Nominees (Tempatan) Sdn. Bhd. (Pledged securities account for Dato' Daud Bin Ahmad): 1,721,900 ordinary shares
(3) Registered under Maybank Nominees (Tempatan) Sdn. Bhd. (Pledged securities account for Dato' Daud Bin Ahmad): 35,111,984 ordinary shares
(4) TA Nominees (Tempatan) Sdn. Bhd. (Pledged securities account for Dato' Daud Bin Ahmad): 1,419,700 ordinary shares

Announcement Info
Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 30 May 2022
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-27052022-00099

Posted by Good123 > 2022-06-30 07:37 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
CYPARK RESOURCES BERHAD

Particulars of substantial Securities Holder
Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19, Bangunan KWSP, Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.
Company No. EPF ACT 1991
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 24 May 2022
5,000,000
Disposed Direct Interest
Name of registered holder Citigroup Nominees (Tempatan) Sdn. Bhd. - Employees Provident Fund Board
Address of registered holder Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of Shares
Nature of interest Direct Interest
Direct (units) 30,066,950
Direct (%) 5.106
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 30,066,950
Date of notice 25 May 2022
Date notice received by Listed Issuer 27 May 2022


Remarks :
The direct interest of the Employees Provident Fund Board further to the transaction is as follows:-

Registered under Citigroup Nominees (Tempatan) Sdn. Bhd.

(1) Employees Provident Fund Board - 13,788,750 ordinary shares
(2) Employees Provident FD BD (CIMB PRI) - 11,441,400 ordinary shares
(3) Employees Provident FD BD (ARIM) - 4,836,800 ordinary shares

Announcement Info
Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 27 May 2022
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-27052022-00027

Posted by sepol > 2022-06-30 07:37 | Report Abuse

buy stock based on fundamental and technical analysis. if buy on rumours and unverified stories, stock market will be yourbgraveyard

Posted by Klse2022 > 2022-06-30 07:53 | Report Abuse

Please note that Cypark never take any LSS4 project which offer low margin. Fr this, we can see that management is much more capable to set pricing if compare to other company that offer low price for LSS4.

Posted by Klse2022 > 2022-06-30 07:57 | Report Abuse

although LSS3 Project pricing is lower that LSS2, but it still much higher than LSS4. Management had mentioned before that they manage to purchase the raw material before the price hike. This is possible as LSS3 was awarded much earlier

Posted by roller77 > 2022-06-30 08:02 | Report Abuse

@good123 Those disposals by management was due to margin call n force selling

Posted by Klse2022 > 2022-06-30 08:07 | Report Abuse

On 27 May. Ram rating reaffirm the long term rating of AA3 for Cypark which indicate high safety for payment of financial obligation. Do u think Ram never do any study before gave their rating ? I don't think that we are more professional if compare to Ram.

Posted by PunTatBerSiul > 2022-06-30 08:47 |

Post removed.Why?

Posted by tallman > 2022-06-30 09:07 | Report Abuse

Lau Sai

Posted by PorkLegoGuy > 2022-06-30 09:09 | Report Abuse

1 article KO you。

Posted by cu29ok > 2022-06-30 09:12 | Report Abuse

back to square

Posted by Warzone > 2022-06-30 09:13 | Report Abuse

Still believe on management? Accept the fact of default financial, their bossess all dispose at 40 sen.

Posted by PorkLegoGuy > 2022-06-30 09:18 | Report Abuse

Possible the price and bank sits inspection is show.

Posted by 8899EL8899 > 2022-06-30 09:19 | Report Abuse

daud & razali,.......if you want to prove that company did nothing wrong,..........on the right track,........go & support the cypark share price,..........why so coward,.......show your leadership, or you have no leadership at all,........

Posted by yong1985cm > 2022-06-30 09:27 | Report Abuse

cypark upward trend recently is not strong and the people who bought it is mostly TA, and hence a single article released yesterday can KO cypark and make it turn downward 90degree again.

Posted by Jiang Ng > 2022-06-30 09:30 | Report Abuse

Here's my understanding to why RAM reaffirmed the high rating for Cypark's debt even though there's allegation that the Cypark as a whole and LSS3 projects are underwater. Giving Cypark the benefit of the doubt that there's no financial fraud commited, perhaps the projects will still generate enough cashflow to service the debt. However the remaining concern is whether there is any profit left for the shareholders. What I am trying to say is just because a debt is rated highly, it's not guaranteed that shareholders will benefit. What do you guys think?

Posted by tallman > 2022-06-30 09:35 | Report Abuse

Obviously investors dont believe what the CEO said. The way the CEO said like serba-like want to sue this, want to sue that

Posted by PunTatBerSiul > 2022-06-30 09:37 | Report Abuse

If you are going to follow what Malaysian authorities, agencies or doorkeeper squeak, say goodbye to your money.

Posted by RTA09391 > 2022-06-30 09:43 | Report Abuse

Just another serba in the making

Posted by Surge > 2022-06-30 09:45 | Report Abuse

Run away, better not to touch on lots of unknown issue or else your money get burned

Posted by Citadel666 > 2022-06-30 09:46 | Report Abuse

one article from no where also wanna sue, hahaha

Posted by Citadel666 > 2022-06-30 09:53 | Report Abuse

roller77 bought enuf cheap tickets??? hahaha

Posted by NatsukoMishima > 2022-06-30 10:00 | Report Abuse

Wow big bosses all disposed like no tomorrow , really cant touch this kind of stock !

Posted by tallman > 2022-06-30 10:08 | Report Abuse

likely back to 28c

Posted by 88luckybull > 2022-06-30 10:12 | Report Abuse

buying cheap tickets now..... haha

Posted by BursaVulture > 2022-06-30 10:24 | Report Abuse

Serba, TopGlove... all says good that price drop, can buy cheap ticket. weird.

Posted by ckwee168 > 2022-06-30 10:31 | Report Abuse

@Jiang Ng, i agree with your view .. successful commissioning of Cypark's WTE/LSS projects can bring in substantial cashflow to service their current debts but may not be EPS accretive particularly if the non-cash amortization charge-out is way higher than the topline revenue generation .. having said that, the successful delivery of these projects can vastly remove the key drag on the share PE multiples which is currently trading at subpar 3-4x; and rerate the counter to a more palatable range of 8-10x for its ESG quality .. the stronger cashflow generation also potentially supports its dividend pay-outs ability barring any major CAPEX projects in the near future .. again, it all depends on the delivery of the WTE project; and failure of it will be damaging akin ARMADA's case (i.e. using existing revenue stream to service the debt of their failed WOODSIDE venture) ...

Posted by roller77 > 2022-06-30 10:48 | Report Abuse

@citadel666.done. Tq all haha

Posted by Peace99 > 2022-06-30 11:35 | Report Abuse

Is it not a more effective way - if the directors want to clear the air - just upload the article and counter it point by point?

Posted by dragonz98 > 2022-06-30 11:49 | Report Abuse

http://ir.chartnexus.com/cypark/docs/Press%20Releases/2022/29-6-2022-Message-from-GCEO.pdf
Message from GCEO Dato’ Daud Ahmad
June 29, 2022

Posted by tallman > 2022-06-30 12:11 | Report Abuse

cypark release quarter result today? good or bad? sharks want to collects tickets or throw tickets?

Posted by NatsukoMishima > 2022-06-30 12:20 | Report Abuse

The share price moving pattern really like serb !

Posted by CHHu > 2022-06-30 12:48 | Report Abuse

obviously Cypark management is way creditable than Serbakd's lol

Posted by BursaVulture > 2022-06-30 12:55 | Report Abuse

management so confident until they sell their own shares to push the price down to give opportunities to retail investor, so kind....

Posted by mikeann > 2022-06-30 12:57 | Report Abuse

Commendable Results out !

Reasonable good half year profits at 30.047 million and EPS is good at 4.02 sen !!

With more projects to be completed soon, profits figure should improve further.