MALAYSIA PACIFIC CORP BHD

KLSE (MYR): MPCORP (6548)

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Last Price

0.02

Today's Change

+0.005 (33.33%)

Day's Change

0.015 - 0.02

Trading Volume

1,378,600


8 people like this.

4,824 comment(s). Last comment by chinaman 5 days ago

lachai2004

590 posts

Posted by lachai2004 > 2019-08-24 20:17 | Report Abuse

So, the land valued at RM20 per square ft based on the contra deal stated above and now the debt is almost zero! Is this a potential candidate for management buy out?

lachai2004

590 posts

Posted by lachai2004 > 2019-08-25 08:49 | Report Abuse

The cost of the land as follows:
(吉隆坡24日讯)PN17公司马帕斯集团(MPCORP,6548,主板产业股)及子公司,与Amanahraya发展私人有限公司签署合约,以地抵消1亿1500万令吉欠款,结束双方多年纠纷。

该集团昨天向交易所报备,子公司Oriental Pearl城市产业、Lakehill度假村发展和Taman Bandar Baru Masai,将柔佛新山面积131.95英亩的闲置地皮,脱售给Amanahraya。



该地皮是在2008年以2123万令吉代价买进,截至去年6月杪,净账面价值达7427万令吉。

文告解释,该合约能解决双方的纠纷,并让该集团专注业务。

子公司在2008年8月与Amanahraya签署联营合约,发展位于新山的LakeHill度假城市项目;随后同意用9900万令吉购买Amanahraya在项目中的股权,并给予后者2012年3月到期的脱售期权。

当Amanahraya在2012年行使期权时,该集团没有如期支付款项,因此前者在9月杪发出追讨信,要求该集团连本带利偿还1亿1317万308令吉欠款,接踵而来的是一连串法律纠纷。

Ron90

3,636 posts

Posted by Ron90 > 2019-08-26 10:46 | Report Abuse

wait saja la..still got land for sale or develop it. anything below 10c..collect

lachai2004

590 posts

Posted by lachai2004 > 2019-08-26 11:04 | Report Abuse

calvintaneng
Noted with thanks. Now the picture is getting clearer!! I just dumped it aside..

lachai2004

590 posts

Posted by lachai2004 > 2019-08-26 21:50 | Report Abuse

Historical this counter has not many followers and it's a bit quiet, as the debt problem with RHB and Amanah Raya had already settled,currently with almost zero debt, I am sure it's value will soon reflect in the share price.

Bossku77

59 posts

Posted by Bossku77 > 2019-08-29 18:01 | Report Abuse

@lachai2004, so the new QR was established before settle the debt or what?

Ron90

3,636 posts

Posted by Ron90 > 2019-08-30 08:59 | Report Abuse

of coz la..end 30 june..anything between march and june

Bossku77

59 posts

Posted by Bossku77 > 2019-08-30 11:33 | Report Abuse

follow Ron90, everything goes well. kwwkwkkwkwkw

Ron90

3,636 posts

Posted by Ron90 > 2019-12-06 17:03 | Report Abuse

profit 40% !!..donno la what happen, hope it stays like that ..hehe

Peter2357

594 posts

Posted by Peter2357 > 2019-12-12 16:25 | Report Abuse

Case with RHB already settled .One remaining final case with Amanah Raya is the process of submission for settlement ...so MP Corp will be out of PN17 soon

Peter2357

594 posts

Posted by Peter2357 > 2019-12-12 16:26 | Report Abuse

today got some volume

Investhor

532 posts

Posted by Investhor > 2020-01-24 10:59 | Report Abuse

another pn17 company in progress to uplift

DobitaLim

239 posts

Posted by DobitaLim > 2020-01-24 11:05 | Report Abuse

PN17 cap ayam company still wanna play2, take care guys,wakahkahkah

Ron90

3,636 posts

Posted by Ron90 > 2020-01-25 08:43 | Report Abuse

ya lla, play2 from investment at 0.05 cents, now .already 14 cents !! haha..bought before being suspended coz believe they gonna take action to liquidate all the assets which is more than the total debt... so far the mgmt seems quite honst o revive this company.....

Ron90

3,636 posts

Posted by Ron90 > 2020-01-25 08:45 | Report Abuse

pm17 high risk counter with very vrry high return..haha

Westeros

820 posts

Posted by Westeros > 2020-01-27 02:11 | Report Abuse

How high the TP can go?

Linus Kt

114 posts

Posted by Linus Kt > 2020-01-28 09:27 | Report Abuse

Yaaa, today suddenly spike up...
really wondering how much highest this could go

where is calvin tan??? maybe he could answer, cause he spent a lot of time on this counter

chick

6 posts

Posted by chick > 2020-01-28 10:10 | Report Abuse

let him holiday ... still in cny

Zahir1999

11 posts

Posted by Zahir1999 > 2020-01-28 10:26 | Report Abuse

will it go up soon?

Westeros

820 posts

Posted by Westeros > 2020-01-28 12:03 | Report Abuse

As at now it has dropped to 0.115 hope the resistance is strong here if drops some more have to cutloss liow

DobitaLim

239 posts

Posted by DobitaLim > 2020-01-28 16:08 | Report Abuse

Buy MPCORP mmg mampos, been trapped a few time ady, DONT play2 with this CAP AYAM caunter

Westeros

820 posts

Posted by Westeros > 2020-01-28 18:54 | Report Abuse

Ya true man..this counter really useless

Winmore88

1,165 posts

Posted by Winmore88 > 2020-08-28 16:27 | Report Abuse

hantu

Posted by SpicyMcDeluxe > 2020-09-17 09:35 | Report Abuse

kekw

Ben C Kh

92 posts

Posted by Ben C Kh > 2020-09-17 17:27 | Report Abuse

Tp 0.4

jokurprg

65 posts

Posted by jokurprg > 2020-09-18 16:49 | Report Abuse

Gg counter... Faster Run... Before get yourself slain in a trap

tokohM

432 posts

Posted by tokohM > 2020-10-22 17:14 | Report Abuse

out from PN17 status ??

Yi Hong

5 posts

Posted by Yi Hong > 2020-10-26 15:00 | Report Abuse

Yes, tokohM.........
And some more...................super mega project received!!!!!!!!!!!!!!!
Share it out guys!!!!!!!!!!!!!!!!!!!!!

Yi Hong

5 posts

Posted by Yi Hong > 2020-10-26 15:01 | Report Abuse

True or not wait for the official announcement!!!!!!!!!!!!!!!!

Posted by kentwang168 > 2020-11-27 14:14 | Report Abuse

hahaha, target price rm 29.
wait no more! sapu later.
No wonder volume suddenly spike

steven rt

129 posts

Posted by steven rt > 2020-11-27 15:38 | Report Abuse

Something not right with Kenaga report. It says MPCorp business is technology (5G /EV) but a check about the company shows it's PROPERTY!!!. Any opinion?

Mambang

33 posts

Posted by Mambang > 2020-11-27 19:49 | Report Abuse

mpi or mpcorp..confuse

kentrade888

1,454 posts

Posted by kentrade888 > 2020-11-30 14:40 | Report Abuse

ASIAFLE :dividend is coming.

chinaman

3,041 posts

Posted by chinaman > 2021-01-23 19:06 | Report Abuse

From Plentong to Bukit Chagar -24 min (18.2 km) via JB East Coast Hwy/Route 35. From Bukit Chagar to Woodland SIN-4km....Johor-SIN RTS already begin and expected to complete by 2026.

Posted by kentwang168 > 2021-03-08 13:34 | Report Abuse

Any hope on this counter ?

Posted by Edwardong53 > 2021-06-22 18:30 | Report Abuse

My God, AmInvest wrongly "mixed up" MPCorp with MP Industries (MPI) !!!! Wow ...MPCorp share going to shoot up to RM36.05 (21,748.49% increase) ????? Tomorrow MPCorp SURE LIMIT UP TO 21,748.49% !!!!

chinaman

3,041 posts

Posted by chinaman > 2021-08-31 13:31 | Report Abuse

Ching' daughters are HKG celebrities. Pls ask your daughters to promote local property as MM2H to Hongkongers. pls wake up.....already sleep for so many years with gaji buta. wakaka

ocbc

360 posts

Posted by ocbc > 2021-09-02 14:54 | Report Abuse

https://www.youtube.com/watch?v=aHn65V-ltzo

Any latest update on MPCorp ?

Posted by kentwang168 > 2021-11-02 16:17 | Report Abuse

will it like TOPBLDS (5268) ? thinking to cut loss...

jokurprg

65 posts

Posted by jokurprg > 2021-11-23 01:12 | Report Abuse

Still can goreng ? XD

ocbc

360 posts

Posted by ocbc > 2021-11-26 09:53 | Report Abuse

today AGM

Pcmont123

295 posts

Posted by Pcmont123 > 2021-12-06 08:26 | Report Abuse

Delisted soon your money all burnt

jokurprg

65 posts

Posted by jokurprg > 2021-12-24 11:44 | Report Abuse

GG counter

Posted by Hew Kiong Peng George > 2022-04-16 06:20 | Report Abuse

its 407 acres in johor,at least value at 407m.

chinaman

3,041 posts

Posted by chinaman > 2 weeks ago | Report Abuse

Good asset, lousy boss..better let ecoworld take over to manage it

chinaman

3,041 posts

Posted by chinaman > 2 weeks ago | Report Abuse

So many years pn17, boss still dreaming zzzz...tau malu kah?

chinaman

3,041 posts

Posted by chinaman > 5 days ago | Report Abuse

Boss managed kanasai but ikan bilis being penalised. Bullshit should improvise law forced changing new directors when pn17 after 2 yes failed restructuring. Delisted only make same boss unaffected since still owned by lousy boss

chinaman

3,041 posts

Posted by chinaman > 5 days ago | Report Abuse

Can sack all directors i.o delisting ? Capitalist suck off all vulnerable minority

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