Posted by limko1 > 2019-10-28 14:24 | Report Abuse

This company is the worst example of major shareholders comprising of family members figthing each other while squeezing the rights and benefits of small shareholders.

Posted by tuachoon > 2019-10-30 13:40 | Report Abuse

I have my own company and already get cash paid by sohai and my sohai brother has the shares and rubbish company

Posted by tuachoon > 2019-10-30 13:42 | Report Abuse

Last time sohai got 1 relative working for him. He is good guardian and capable, unfortunately, sohai kicked his own relative out. After that, this company starts to head southern exactly to southern part

Posted by tuachoon > 2019-10-31 11:00 | Report Abuse

When i wrote something, Ah Hai will push share price up.

Posted by Shootup > 2019-10-31 18:09 | Report Abuse

continue write more, need it up up and up

Posted by King7 > 2019-11-01 12:32 | Report Abuse

Hahaha.. queue at selling keep dancing.. so funny... who is so free queue n withdraw in every second. Ah Hai n tao fu choon buy sell buy sell ?

Posted by Shootup > 2019-11-01 14:03 | Report Abuse

tanjung pia election good for benalec if mca win? maybe

Posted by tuachoon > 2019-11-06 17:50 | Report Abuse

Already 8 years egg also did not come out. Still believe in Tanjung Piai and Pengerang? Vincent Leaw already 58 old. You think he can create miracle? Another 5 years no more energy.

Posted by tuachoon > 2019-11-06 17:53 | Report Abuse

Seng dont want to come back. Jean always play. Lin as woman wanna take over company and once married, let husband not Leaw surname to take over Leaw family business. Shame to founder.

Posted by tuachoon > 2019-11-11 16:09 | Report Abuse

baru-baru ini, Benalec telah
menandatangani satu Memorandum Persefahaman yang melibatkan tiga pihak iaitu
Benalec, sebuah syarikat konglomerat kewangan antarabangsa yang mendapat sokongan
negeri, dan juga sebuah syarikat minyak utama terbesar dunia. Ketiga-tiga pihak ini sedang
menjalankan kajian kemungkinan (“feasibility study”) serta terikat dalam perbincangan
secara eksklusif bagi tujuan membina kemudahan penyimpanan tangki pertama yang akan
dibangunkan di Plot 1 iaitu 100 ekar pertama di TPMIP ini, dikenali sebagai Tanjung Piai Oil
Terminal, (TPOT).
Syarikat konglomerat kewangan yang namanya tidak dapat didedahkan kerana tertakluk
kepada syarat dalam Memorandum Persefahaman yang telah ditandatangani, akan menjadi
pemegang saham majoriti projek TPOT, selain pengendalian serta penjenamaan juga
adalah di bawah tanda dagangan syarikat ini. Syarikat minyak utama tersebut pula
bercadang untuk menyimpan sehingga 1 juta meter padu (m3) minyak di TPOT yang akan
dibina di atas Plot 1 TPMIP.

Posted by tuachoon > 2019-11-11 16:10 | Report Abuse

Menjelang akhir tahun ini, sekiranya semua pihak mencapai persefahaman, satu syarikat
usaha sama akan ditubuhkan di antara Benalec dan syarikat konglomerat kewangan dan
syarikat usaha sama ini akan menjadi penyewa/pembeli kepada Plot 1 iaitu 100 ekar
pertama tanah di TPMIP daripada SKSB. Syarikat usaha sama tersebut akan membina
terminal penyimpanan cecair pukal di atas Plot 1 di TPMIP ini, bagi kegunaan syarikat
minyak utama tersebut.

Posted by tuachoon > 2019-11-11 16:10 | Report Abuse

Selain itu, pemaju projek juga sedang giat berbincang dengan beberapa pihak pelabur yang
berminat dari beberapa buah negara termasuk dari Singapura, China, Eropah dan juga UAE
bagi plot-plot tanah lain di TPMIP. Dengan sambutan yang diperolehi, pemaju projek melalui
Perbadanan Setiausaha Kerajaan Johor (SSI) telah mengemukakan permohonan untuk
mewujudkan Zon Perdagangan Bebas (FCZ) dan Zon Perindustrian Bebas (FIZ) untuk
TPMIP kepada pihak Kementerian Kewangan Malaysia (MOF) dengan harapan pewartaan
TPMIP sebagai kawasan FCZ dan FIZ akan menarik minat lebih ramai pelabur dari seluruh
dunia agar melabur di TPMIP.

Posted by tuachoon > 2019-11-11 16:11 | Report Abuse

Projek penambakan laut bagi tujuan Taman Perindustrian Maritim Tg Piai “Tg Piai Maritime
Industrial Park, (TPMIP) yang diusahakan oleh Spektrum Kukuh Sdn Bhd (SKSB) iaitu anak
syarikat Benalec Sdn Bhd (Benalec) merangkumi kawasan seluas 3,485 ekar yang
dibahagikan kepada tiga (3) fasa sebagaimana berikut:
a) Penambakan TPMIP Fasa 1 berjumlah 1,080 ekar;
b) Penambakan TPMIP Fasa 2 berjumlah 1,008 ekar;
c) Penambakan TPMIP Fasa 3 berjumlah 1,411 ekar.
TPMIP akan ditambak secara berperingkat dan jangka masa penyiapan bagi setiap fasa
untuk keseluruhan projek berkeluasan 3,485 ekar ini adalah tertakluk kepada permintaan
komersial. Kerja-kerja penambakan laut telah pun dimulakan pada awal bulan Disember
2015 yang lalu dan setakat ini hampir dua ratus (200) ekar daripada kawasan dalam Fasa 1
iaitu Plot 1 telah ditambak. Kerja-kerja penambakan tambahan juga telah dilaksanakan bagi
sebahagian kawasan yang telah ditambak iaitu di atas kawasan seluas 100 ekar dan kini
sedang dalam tempoh menunggu bagi kawasan yang ditambak untuk mencapai tahap
pengukuhan tanah (“soil consolidation”) yang telah ditetapkan sebelum kerja-kerja
membawa keluar surcaj dan kerja-kerja pembinaan struktur pencegah hakisan dapat
diteruskan. Dengan kemajuan kerja yang telah ditunjukkan ini, sambutan yang diperolehi
adalah lebih serius dan menggalakkan daripada pasaran dan pelabur dalam sektor
petroleum

Posted by tuachoon > 2019-11-11 16:11 | Report Abuse

Well done Sam Leaw

Posted by happyvincent > 2019-11-13 14:46 | Report Abuse

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

2016 Benalec Holding Directors’ Remuneration.
From 2016 annual report. They boast that BENALEC management has been very transparent about it.
No. of Directors - 6
RM150,000 to RM200,000 – 2 Independent Non-Executive Directors
RM200,001 to RM250,000 - 1 Independent Non-Executive Director
RM250,001 to RM300,000 -1 Executive Director
RM450,001 to RM550,000 -1 Executive Director
RM7,000,001 to RM7,500,000 -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 - 9
Below RM100,000 – 3 Independent Non-Executive Directors
RM150,001 to RM200,000 – 1 Independent Non-Executive Director
RM800,001 to RM850,000 - 1 Executive Director
RM850,001 to RM900,000 - 1 Executive Director
RM900,001 to RM950,000 - 1 Executive Director
RM1,150,001 to RM1,200,000 - 1 Executive Director
RM1,450,001 to RM1,500,000 - 1 Executive Director


2015 Directors’ Remuneration of Benalec Holding VS Muhibbah Engineering (M) Bhd.

2015 Benalec Holding Directors’ Remuneration.
From 2015 annual report. They boast that BENALEC management has been very transparent about it.
No. of Directors - 4
RM150,000 to RM200,000 – 2 Independent Non-Executive Directors
RM200,001 to RM250,000 - 1 Independent Non-Executive Director
RM6,200,001 to RM6,250,000 -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.
https://www.theedgemarkets.com/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.
https://www.bfm.my/podcast/morning-run/todays-biztalk/biztalk-dom-141223

Posted by Kukuman > 2019-11-14 23:14 | Report Abuse

Happyvincent, u are truly old faithful to mr benalec. Where is the extra long term investor? What is name already?

Posted by Kukuman > 2019-11-14 23:15 | Report Abuse

1.00 to 60cen to 40cen to 14cen. What next?

Posted by apolloang > 2019-11-14 23:21 | Report Abuse

ini sudah listed lama.....sasbabi lagi cepat from 1.00 to 60cts to 40cts to 16.5cts....hahaha

Posted by clp72 > 2019-11-26 10:02 | Report Abuse

i expect another bad quarter as they have not sold any of their land stockpiles... looks like they are holding out for higher prices

Posted by James Lee > 2019-11-29 18:43 | Report Abuse

Conman Conman Conman Conman Conman Conman Conman Conman Conman
Don't buy this company share
He sapu all the company money into his own pocket, left only debt to the investors.

Posted by tuachoon > 2019-12-02 09:58 | Report Abuse

He lost in court case and need to pay lots money to us the Real Leaw Brothers.

Posted by Michael Kwok > 2019-12-05 18:16 | Report Abuse

Who say no buy.I recommend buy base on TA chart.Please read as below.The trusted name;

Cash flow more than borrowing by few times.I was surprise how come such a company can worth 15 cent.Upgrade it to buy.Worst case scenario 23-26 cent.But as more earning come out from project over 30 cent possible with best case scenario over 30 cent with range of 32-35 cent.

Posted by vivabursa > 2019-12-05 21:20 | Report Abuse

Reclamation projects seems delayed or stuck. Existing land need to dispose or develop to bring in profit, but market is soft.

Posted by LYP1818 > 2019-12-06 00:02 | Report Abuse

Oil price is going up may be good for Tanjung Piai and Pengerang.

Posted by asriruslan > 2019-12-06 09:36 | Report Abuse

time to collect

Posted by Michael Kwok > 2019-12-10 14:57 | Report Abuse

I will buy later Benalec after XDL reach target.TP 15-18 cent.

Posted by Kukuman > 2019-12-21 23:33 | Report Abuse

This company is screwed. I wonder where is he now, the Extra Long Term Promoter, who promotes this company shamelessly. Happyvincent, remember we fought tooth and nail with that idiot... Pity

Posted by willc48 > 2019-12-24 22:17 | Report Abuse

Benalac needs to gosok with Southern Tiger royalties ,& Kerajaan PH. But shareholders need to kickout some of the family board members.

Posted by Bull 2019 > 2019-12-27 10:51 | Report Abuse

teluk intan river business is good.

Posted by Michael Kwok > 2020-01-02 17:33 | Report Abuse

I put rm 25k of Benalec at 16 cents.Confirm.Monthly and weekly chart hook up.Reason buying because PH government need Sultan of Johor to get support to maintain Johor in PH.So it need to push up the price to pacify Johor region.

Posted by Michael Kwok > 2020-01-03 15:04 | Report Abuse

Nta 71 cent when shares prices 15-16 cent.Please use the head.Got land reclaimation worth 400 over million not recognized till there sold(new account standard).

Posted by Michael Kwok > 2020-01-03 19:36 | Report Abuse

Expect 20-30 million net profit in financial year 2020.

Posted by Michael Kwok > 2020-01-04 20:49 | Report Abuse

In an environment of cutting costs,what Benalec had Its reclaimation of land near In Johor territory.What Johor had is Pengerang 30 billion USD petrochemical complex.Do others need land to support Pengerang.Some-more Singapore land look expensive.So its may need land from Benalec since not far from Singapore which also involve like Pengerang petrochemical complex but far more bigger then Pengerang.

Posted by Michael Kwok > 2020-01-06 13:33 | Report Abuse

After looking at the chart my worst case scenario Tp 23-26 cent look possible.Weekly chart looks overbought(but without major upward and with high volume yet).Monthly chart hooking up(after stay oversold for a while).So the upward still intact.

Posted by Depeche > 2020-01-09 21:22 | Report Abuse

Not selling land...that's bad news...no wonder it keeps retreating.

Posted by Michael Kwok > 2020-01-09 21:31 | Report Abuse

Excuse me,it's won't affect the profit and loss of the company as stated.Due to accounting standard until there sold the land.

Posted by Michael Kwok > 2020-01-09 21:41 | Report Abuse

One-more thing the news already gone into the shares prices.Some-more NTA of 71 cents with shares prices of 15 cents.Can be a target of takeover,or new shareholder snapping up the shares for long term(like PNB,Tabung Haji,KWSP and maybe insurance and investment firm).Its so cheap.

Posted by Muarmali > 2020-01-10 10:40 | Report Abuse

Almost 10 years still singing the same old oil story? Cock story :)))

Posted by willpush > 2020-01-10 16:26 | Report Abuse

Benalec terminates Melaka land sale deal with Titanium.
Benalec, on Oct 30, 2017, had entered into a sale and purchase agreements (SPA) to sell seven parcel of leasehold land, totalling 216,427sqm in Pekan Klebang, Melaka to Titanium Hallmark Sdn Bhd for RM100.17mil.

https://www.thestar.com.my/business/business-news/2020/01/09/benalec-terminates-melaka-land-sale-deal-with-titanium

Posted by willpush > 2020-01-10 18:16 | Report Abuse

Benalec falls 3.45% after calling off Melaka land sale.

https://www.theedgemarkets.com/article/benalec-falls-345-after-calling-melaka-land-sale

Posted by Michael Kwok > 2020-01-13 01:07 | Report Abuse

Excuse me,the new accounting standard does not recognized the transaction till there sell it.Do there sell it?No.But terminates the contract(due to buyers cannot pay after several extension).Second monthly chart,overly oversold(stay there for 1 years plus).Weekly hooking up(but without big upward).The 3 people there if no good I will not buy rm 25k in Benalec at 16 cents.

Posted by tigerball > 2020-01-13 04:25 | Report Abuse

pity Michael kwok, buying a wrong stock and keep defend it. the share Price speak everything

Posted by Michael Kwok > 2020-01-16 11:56 | Report Abuse

Believe on Ong People.Buy Benalec 14.5 cent.At least 5k.Nothing to pity.If like tht also scare.No need to invest.

Posted by Shootup > 2020-01-16 17:51 | Report Abuse

do michael know about the proceed of land reclaimation in tanjung pia? and how abt any interest in reclaimed land from any party ?

Posted by Michael Kwok > 2020-01-20 12:12 | Report Abuse

It's going to move.Are u all ready?14 cent only.

Benalec blog:
Posted by Michael Kwok > Dec 5, 2019 6:16 PM | Report Abuse

Who say no buy.I recommend buy base on TA chart.Please read as below.The trusted name;

Cash flow more than borrowing by few times.I was surprise how come such a company can worth 15 cent.Upgrade it to buy.Worst case scenario 23-26 cent.But as more earning come out from project over 30 cent possible with best case scenario over 30 cent with range of 32-35 cent.

Posted by willpush > 2020-01-21 16:34 | Report Abuse

Yong Tai NTA RM0.77 BUYYYYY.......Now 15 Cent
Yong Tai active, jumps 14.8% on getting approval to develop cruise terminal in Melaka.
https://www.theedgemarkets.com/article/yong-tai-active-jumps-148-getting-approval-develop-cruise-terminal-melaka

Posted by Michael Kwok > 2020-01-25 23:33 | Report Abuse

Willpush it will up for Yong Tai also in my coverage.Please check my comment side in my name.Benalec Unbilled more than Yong Tai.400 over million for Benalec.Singapore have limited land for oil and oil related company to store.Similarly Singapore land is expensive.One more thing Malaysia do not have oil reserve for 3-6 mônth in case of ......So it's need Benalec land.

Posted by Peter2357 > 2020-01-26 00:09 | Report Abuse

haha..terminate the contract ...but Benalec will eat n profited the 10 % deposit

Posted by willc48 > 2020-01-28 15:14 | Report Abuse

yong thai is cash strapped..melaka cruise terminal going no where with only small river

Posted by willc48 > 2020-01-28 15:15 | Report Abuse

benalac conman eating investor $