Posted by rizerlee > 2015-09-21 21:33 | Report Abuse

Any news about E&O STP2 reclamation work ?

Posted by rizerlee > 2015-09-21 21:41 | Report Abuse

Bently

Check this company profile of oil and gas terminal water treatment plant

http://www.nijhuis-water.com/about_us/references/oil_en_gas.aspx

Posted by LanSeeBoy > 2015-09-21 21:43 | Report Abuse

Like most O&G plays, this is dead. Its weak and project-driven biz model means it is likely to report losses. Avoid/Sell.

Posted by Vincent Tan > 2015-09-22 12:22 | Report Abuse

not donkeys, macai-macai of ousted directors!

Posted by fortuneebullz > 2015-09-25 13:52 | Report Abuse

so many donkeys here!

Posted by happyvic > 2015-09-25 14:59 | Report Abuse

yeah so many... lol... if unsure please ask... don't jump into conclusion...

for starters...

"doe allow them to reclaim first and look for another investor later?"

DOE = department of environment... they do not care if land sells or not... they only make sure it doesn't cause damage to environment... Please study harder if you want to post with that kind of tone.... the rest.... please read post by taciturn and also related news...

Posted by happyvic > 2015-09-25 15:02 | Report Abuse

if you cant find the articles posted previously... please report the spammers "all_man_are_brothers , happyvincent, taciturm" they turned this forum into crap.

Posted by happyvic > 2015-09-25 17:45 | Report Abuse

There, the spamming continues... sorry bently, makes it harder to retrieve older post... too much spamming. 0 analyzing... 100% non technical people.

Posted by TK 婷葵 > 2015-09-26 23:56 | Report Abuse

I think here is a good price and good timing to buy ... too cheap to believe ?

Posted by TK 婷葵 > 2015-09-26 23:58 | Report Abuse

anyway this is my first time to buy this stock ... just 50,000 units I dare to buy .... try my luck ?

Posted by cw_tan > 2015-09-27 15:11 | Report Abuse

TK , May u share with us what convince u to buy this stock at this moment and current world share market enviroment are volatile.

Posted by wkimchuan > 2015-09-27 15:59 | Report Abuse

..

Posted by JKing > 2015-10-09 11:45 | Report Abuse

do anyone has the solid proof that the MD is sick..... saw a lot of comment in hospital and medical bill.

Posted by JKing > 2015-10-09 11:45 | Report Abuse

if you have, please share.

Posted by rizerlee > 2015-10-11 15:53 | Report Abuse

Pengerang oil terminal capacity already rented for Total and BP
Tg langsat and Tg bin terminal are expending as well.
Singapore oil terminal also almost reach full capacity

Wondering why benalec still on-hold Tg piai project

Posted by taciturn569 > 2015-10-22 11:06 | Report Abuse

Where the king of spinner 569 are, disappeared when ah ben share price dismal performance Stagnant !!!!

Posted by rizerlee > 2015-10-22 11:34 | Report Abuse

Hi all ,

Anyone stay nearby Tanjung Piai or JB ?
Does Benalec started any reclamation work at Tanjung Piai ?

China can't find enough space to storing their crude oil and now they even pay 100k USD per day for crude carrier to renting vessel as oil storage.
Demand of storage space is good especially when oversupply.
those exceed production need a space to be stored.

Posted by taciturn569 > 2015-10-22 11:44 | Report Abuse

http://www.malaysiakini.com/news/316604

Posted by taciturn569 > 2015-10-22 12:16 | Report Abuse

http://images.bernama.com/foto/pages/view.php?ref=272856&search=General+News&order_by=resourceid&sort=DESC&offset=32&archive=0&k=

Posted by happyvincent > 2015-10-23 16:22 | Report Abuse

Benalec Holding MD remuneration is paid RM8million. But the total dividend to be paid to all shareholders’ is only RM2.4million. This is ridiculous !!!!!!

Directors’ Remuneration of Benalec Holding VS Muhibbah Engineering (M) Bhd.

Benalec Holding Directors’ Remuneration.
From annual report. They boast that BENALEC management has been very transparent about it.
No. of Directors - 6
RM250,000 to RM300,000 - 1 Independent Non-Executive Director
RM300,001 to RM350,000 - 2 Independent Non-Executive Directors
RM350,001 to RM400,000 - 1 Executive Director
RM400,001 to RM450,000 - 1 Executive Director
RM7,500,001 to RM8,000,000 -1 Executive Director

Muhibbah Engineering (M) Bhd Directors’ Remuneration.
The number of Directors whose total annual remuneration falls within the following bands is as follows:-
No. of Directors - 11
Below RM50,000 – 2 Independent Non-Executive Directors
RM50,001 to RM100,000 – 3 Independent Non-Executive Directors
RM100,001 to RM150,000 - 2 Independent Non-Executive Directors
RM700,001 to RM750,000 - 1 Executive Director
RM1,000,001 to RM1,050,000 - 2 Executive Directors
RM1,250,001 to RM1,300,000 - 1 Executive Director

The remuneration package paid to Benalec Holdings Bhd’s group managing director Datuk Leaw Seng Hai, which has been labelled “excessive”, has roused the ire of some minority shareholders.They claimed that Leaw’s remuneration ranges between RM7.5 million and RM8 million in the group’s financial year ended June 30, 2014 (FY14), which is comparable to Benalec’s full-year net profit that year, which was RM7.12 million.
http://www.theedgemarkets.com/my/article/benalec-md%E2%80%99s-remuneration-questioned

Listen to the Business Radio Station BFM 89.9 to hear how they comments the higher paid of Benalec Holding RM8million to MD remuneration.
http://www.bfm.my/biztalk-dom-141223.html

Posted by bagus > 2015-10-26 08:12 | Report Abuse

happivinceente, paling bodoh mempunyai otak lembu!

Posted by Ryanteh > 2015-10-29 09:53 | Report Abuse

KUALA LUMPUR: Eastern & Oriental Bhd (E&O) has awarded a contract to China Communications Construction Company (M) Sdn Bhd (CCCC Malaysia) to undertake the land reclamation works for Seri Tanjung Pinang Phase 2 (STP2) in Penang.

http://www.thestar.com.my/Business/Business-News/2015/10/28/China-firm-wins-RM2bil-Penang-reclamation-contract/?style=biz

Posted by cw_tan > 2015-10-29 10:49 | Report Abuse

Thanks for the info Ryanteh

Posted by Markus See > 2015-10-29 14:52 | Report Abuse

Benalec is an outstanding business with outstanding management. Sorry, the latter is not true. That's the whole problem with this company. Do you think he cares? He withdraws RM7 to 8 million a year from the company. Even CEO of Maybank the biggest bank in Msia doesn't demand that pay.

Posted by mamakkutty > 2015-10-31 13:05 | Report Abuse

whats in his pocket already his, you minority want big dividend next? he lol!

Posted by cw_tan > 2015-11-02 10:50 | Report Abuse

ok let's do it. When is next AGM will be held in?

Posted by mamakkutty > 2015-11-02 11:03 | Report Abuse

Ask all your uncle auntie buy 1lot become minority shareholders go AGM lim kopi.

Posted by Raising_The_Bar > 2015-11-02 15:02 | Report Abuse

It is not All Man Are Brothers but Old Man Are Brothers who making noises like flies.

From law perspective, nothing wrong for MD to get high pay. Shareholders' approvals only require for independent director fee. Just vote down the independent directors fee to make them work harder. FINISH

Posted by Raising_The_Bar > 2015-11-02 15:03 | Report Abuse

I doubt a person who not even sit for law papers act like knowing the law so well.

Posted by Raising_The_Bar > 2015-11-02 15:51 | Report Abuse

The old man is independent to the company or just dependent on MD to survive?

Posted by Ryanteh > 2015-11-02 16:29 | Report Abuse

Inix Technologies diversifies into dredging and land reclamation.
Affin Research said Galactic’s maiden land reclamation project was for Benalec Maritime Sdn Bhd, for RM15.8mil in Klebang, Melaka.

http://www.thestar.com.my/Business/Business-News/2015/11/02/Inix-Technologies-diversifies-into-dredging-and-land-reclamation/?style=biz

Posted by Ryanteh > 2015-11-02 20:21 | Report Abuse

BENALEC NOTICE OF ANNUAL GENERAL MEETING ON 25 NOVEMBER 2015

AGENDA
ORDINARY BUSINESS
1. To receive the Audited Financial Statements of the Company for the financial year ended 30 June
2015 and the Reports of the Directors and Auditors thereon. Please refer to Note A
2. To approve the payment of a Final Single Tier Dividend of 0.3 Sen for each Ordinary Share of
RM0.25 each in respect of the financial year ended 30 June 2015. Resolution 1
3. To approve the payment of Directors’ fees of RM540,000 for the financial year ended 30 June
2015. Resolution 2
4. To re-elect Mr Wong Yoke Nyen, a Director retiring by rotation pursuant to Article 108 of the
Company’s Articles of Association and being eligible, has offered himself for re-election.
Resolution 3
5. To re-appoint Messrs BDO as Auditors of the Company for the ensuing year and to authorise the
Directors to fix their remuneration. Resolution 4
SPECIAL BUSINESS
6. To consider and if thought fit, to pass the following as Ordinary Resolution in accordance with
Section 129(6) of the Companies Act, 1965 (“the Act”):
“THAT Mr Koo Hoong Kwan who is over the age of seventy years and retiring pursuant to Section
129(2) of the Act, be and is hereby re-appointed as a Director of the Company to hold office until
the next Annual General Meeting.” Resolution 5
To consider and if thought fit, to pass the following Ordinary Resolutions with or without modifications.

Posted by Raising_The_Bar > 2015-11-03 10:19 | Report Abuse

vote the old guy out.... instead appoint him as independent director with good pay and benefits, just pay him monthly consultancy fee, cheaper.

Posted by ykloh > 2015-11-03 19:54 | Report Abuse

Since the AGM for FY 2015 will be held soon, those of you who have made numerous comments critical of the company and the MD should attend and raise the issues, equally critically and strongly as you have posted in this forum, at the AGM. In this way, it will be recorded in the minutes and the impact will be there.

Posted by Kino Foo > 2015-11-04 17:00 | Report Abuse

patiently wait will be rewarded^^

Posted by cw_tan > 2015-11-04 22:11 | Report Abuse

Buy before too late : http://www.bloomberg.com/energy

Posted by Kino Foo > 2015-11-05 11:09 | Report Abuse

run mama run......

Posted by Kino Foo > 2015-11-05 11:13 | Report Abuse

i think many ex staff here. There know better what happen inside benalec. ben gor

Posted by Kino Foo > 2015-11-05 12:05 | Report Abuse

Write a comment..way meanwhile i never hold single share of this company

Posted by cw_tan > 2015-11-05 12:53 | Report Abuse

Any tumor in this company?

Posted by grace22 > 2015-11-05 20:10 | Report Abuse

Any reasons why the shares are moving up this week?

Posted by CUTLOST > 2015-11-05 22:12 | Report Abuse

BENALEC GET NEW CONTRACT AND COMING Q VERY GOOD

Posted by Yippy68 > 2015-11-06 01:30 | Report Abuse

U wait the day when most of Tanjong Pia and. Pegerang land are reclaimed. Property market bullish again. It may shut some mouths.

Posted by Kino Foo > 2015-11-06 09:09 | Report Abuse

run mama run....dont get trap. this is vy dangerous company. big shark will trap you becareful. meantime i dont have any share of this company

Posted by Kino Foo > 2015-11-06 09:18 | Report Abuse

please sell you share to me. who wanna sell

Posted by Yippy68 > 2015-11-06 10:05 | Report Abuse

Please stop repeating the old story. We are not kids to be reminded.

Posted by happyvic > 2015-11-06 10:24 | Report Abuse

well he is a kid to be reminded. look at his name.. trying to be me when he grows up... fail...

Posted by Kino Foo > 2015-11-06 10:25 | Report Abuse

i think he might be ex staff for benalec^^ know benalec so well

Posted by CUTLOST > 2015-11-06 12:05 | Report Abuse

Nevermind..Speculator is just normal thing in Bursa. Sell at 80Sen

Posted by cw_tan > 2015-11-09 20:29 | Report Abuse

They would not get the project,dont admire too much.