PNE PCB BHD

KLSE (MYR): PNEPCB (6637)

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Last Price

0.05

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


1 person likes this.

3,358 comment(s). Last comment by yongyong88 2024-08-19 16:08

Stalker85

16 posts

Posted by Stalker85 > 2020-06-24 20:30 | Report Abuse

patience is the key

syazmat

53 posts

Posted by syazmat > 2020-07-07 10:11 | Report Abuse

what the heck this counter is zzz. haha

Stalker85

16 posts

Posted by Stalker85 > 2020-07-14 00:03 | Report Abuse

no news :( only can wait the MOU start works

Posted by Attaaaaaack > 2020-08-18 11:26 | Report Abuse

Subject MEMORANDUM OF UNDERSTANDING
Description SANICHI TECHNOLOGY BERHAD ("SANICHI" OR "THE COMPANY")
STATUS UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN THE COMPANY, PNE PCB BHD ("PNE"), AT SYSTEMATIZATION BERHAD ("ATS") AND ARZON SOLAR, LLC ("ARZ")
For consistency purposes, the abbreviations and definitions used throughout
this announcement shall have the same meanings as those previously defined in
the announcements 18 May 2020 and 27 May 2020 in relation to the MOU, where
applicable, unless stated otherwise or defined herein)

We refer to the announcements made by the Company on 18 May 2020, 20 May 2020
and 27 May 2020 pertaining to the MOU between the Company, PNE, ATS and ARZ.
The Company wishes to inform that there is no material development to the said
MOU since the last announcement.

Posted by Attaaaaaack > 2020-08-18 11:27 | Report Abuse

With that announcement by Sanichi, the e-commerce deal with PDZ is more promising and has a higher success rate...... :) Lai lai lai, PDZ will be flying high soon TP 0.3

BigZakar

261 posts

Posted by BigZakar > 2020-08-27 14:04 | Report Abuse

Mr.Mak, please push up!!! Give us limit up

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-16 22:43 | Report Abuse

Permaju is a new substantial shareholder of PNE :)

Announcement
TRANSACTION (CHAPTER 10 OF LISTING REQUIREMENTS) NON-RELATED PARTY TRANSACTIONS
Description:
1. INTRODUCTION
PERMAJU INDUSTRIES BERHAD (“PERMAJU” or “the Company”) INVESTMENT IN PNE PCB BERHAD (“PNE”)
The Board of Directors of PERMAJU wishes to announce that its wholly-owned subsidiary, Iconworld Resources Sdn Bhd, had on 16 November 2020 acquired 16,000,000 ordinary shares of PNE PCB Berhad (“PNE”), representing 9.05% of issued shares of PNE, at RM1.23 per share (“PNE Shares”) for a total cash consideration of RM19,680,000.00 (“Consideration”) (“Investment”) from open market.
2. DETAILS OF THE INVESTMENT 2.1 Information on PNE
PNE is a limited liability company incorporated in Malaysia. PNE is currently listed on Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). PNE principle activities are consists of those relating to the manufacture and sale of printed circuit boards (“PCBs”) and as investment holding company. The PCBs range comprises single-sided, double-sided, silver through hole and carbon which supply to various industries including consumer electronics, information and communications technology, automotive, medical and manufacturing industries.
3. BASIS OF ARRIVING AT THE CONSIDERATION
The Investment is acquired from the open market.
4. FUNDING FOR THE INVESTMENT
The Consideration paid for the Investment was funded entirely from internally generated funds of the PERMAJU Group.
5. RATIONALE
At present, Genbayu Gemilang Sdn Bhd (“GENBAYU”), a wholly owned subsidiary of PERMAJU has entered into a Joint Venture Agreement with Cubetech Asia Sdn Bhd, a wholly owned subsidiary of Vsolar Group Berhad on 1 September 2020 with the intends to submit its tender to build and operate a Large-Scale Solar 4 (LSS4) Proposed 50MW Plant in Seremban, Negeri Sembilan (“the Project”).

On 2 November 2020, GENBAYU has appoint PNE to act as Authorised Representative for all the technical assessment and certification pertaining to the Project. The Board of PERMAJU is of the view that there would be tremendous opportunities and synergistic benefits to be derived by this potential business tie-up.
6. THE PROSPECTS OF PNE
PNE aim to continuously seek market opportunities in the domestic and foreign markets to
strengthen their market and enhance profitability.
PNE will developing air ventilators in collaboration with Sanichi Technology Berhad (“STB”), Arzon Solar LLC (“ARZ”) and AT systematization Berhad (“ATS”) through a joint venture. The development of the air ventilators is expected to generate a new revenue stream for PNE following the surge in demand for air ventilators due to the Covid-19 pandemic.
The net loss and net assets of PNE based on the latest audited account 31 March 2020 is RM 6,670,749 and RM57,176,863 respectively.
7. LIABILITIES TO BE ASSUMED
There are no liabilities, including contingent liabilities and guarantees to be assumed by PERMAJU, arising from the Investment.
8. RISK FACTORS FOR THE INVESTMENT
Save for the normal business and global economic risk, the Board of Director of PERMAJU is not aware of any other risk factors which may arise as a result of the Investment.
9. FINANCIAL EFFECTS OF THE INVESTMENT
9.1 Share capital and substantial shareholders’ shareholdings
The Investment is not expected to have any effect on the issued and paid-up share capital of PERMAJU and the substantial shareholders’ shareholdings of PERMAJU.
9.2 Earning per share, net asset per share and gearing
The Investment is not expected to have any material effect on the earnings per share, net assets per share and gearing for the financial year ending 30 June 2021. Nonetheless, PERMAJU expects positive contribution on its earnings in the future should the expected synergistic benefits be realised.

10. HIGHEST PERCENTAGE RATIO APPLICABLE
The highest percentage ratio applicable to the Investment pursuant to Rule 10.02 (g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 17.60% based on the latest audited financial statements of PERMAJU as at 30 June 2020.
11. APPROVAL REQUIRED
The Investment is not subject to the approval of the shareholders of PERMAJU and any relevant government authorities.
12. INTEREST OF THE DIRECTORS, MAJOR SHAREHOLDERS AND PERSONS CONNECTED WITH THEM
None of the Directors, major shareholders of PERMAJU and/or persons connected to them has any interest, direct or indirect, in the Investment.
13. STATEMENT BY THE BOARD OF DIRECTORS
The Board of PERMAJU, having considered all aspects of the Investment, is of the opinion that the Investment is in the best interest of the Company.
This announcement is dated 16 November 2020.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-11-18 07:17 | Report Abuse

:)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PERMAJU INDUSTRIES BERHAD ("PERMAJU" or "the Company") - ADDITIONAL INVESTMENT IN PNE PCB BERHAD ("PNE")

PERMAJU INDUSTRIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PERMAJU INDUSTRIES BERHAD ("PERMAJU" or "the Company")
- ADDITIONAL INVESTMENT IN PNE PCB BERHAD ("PNE")
1. INTRODUCTION



With reference to the announcement dated 16 November 2020, the Board of Directors of PERMAJU wishes to announce that its wholly-owned subsidiary, Iconworld Resources Sdn Bhd, had on 17 November 2020 acquired additional 6,000,000 ordinary shares of PNE at RM1.23 per share (“PNE Shares”) for a total cash consideration of RM7,380,000.00 (“Consideration”) from open market.



Together with the 16,000,000 of PNE Shares announced on 16 November 2020, PERMAJU now has aggregate of 22,000,000 of PNE Shares, representing 12.43 % of issued shares of PNE. The total purchase consideration for the entire 22,000,000 PNE Shares is RM27,060,000.00 (“Aggregate Investment”).





2. HIGHEST PERCENTAGE RATIO APPLICABLE



The highest percentage ratio applicable to the Investment pursuant to Paragraph 10.02 (g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad for the Aggregate Investment is 24.20% based on the latest audited financial statements of PERMAJU as at 30 June 2020.





3. APPROVAL REQUIRED



The Investment is not subject to the approval of the shareholders of PERMAJU and any relevant government authorities.







This announcement is dated 17 November 2020.

holihom

33 posts

Posted by holihom > 2020-11-25 00:07 | Report Abuse

share price has dropped from 1.20+ to 66 sen. After Bonus issue, does it mean it will drop 30+ sen??

anzo888

162 posts

Posted by anzo888 > 2020-11-25 11:23 | Report Abuse

Current price of 67.5 sen is after the split. It is equivalent to 1.35 b4 the split. If u had bot at 1.20, u are now making money.....

anzo888

162 posts

Posted by anzo888 > 2020-11-25 11:24 | Report Abuse

today is the last day to buy for the free warrants. Tomorrow the price will be adjusted a few sen down.

cmfoo93

11 posts

Posted by cmfoo93 > 2020-11-26 17:54 | Report Abuse

How come today gap down a lot? Is it adjusted because of the free warrants?

kenie

1,641 posts

Posted by kenie > 2020-11-27 23:42 | Report Abuse

MEMORANDUM OF UNDERSTANDING
Description SANICHI TECHNOLOGY BERHAD ("SANICHI" OR "THE COMPANY")
STATUS UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN THE COMPANY, PNE PCB BHD ("PNE"), AT SYSTEMATIZATION BERHAD ("ATS") AND ARZON SOLAR, LLC ("ARZ")

We refer to the announcements made by the Company on 18 May 2020, 20 May 2020 and 27 May 2020 and 17 August 2020 pertaining to the MOU between the Company, PNE, ATS and ARZ. The Company wishes to inform that there is no material development to the said MOU since the last announcement.

This announcement is dated 27 November 2020.

Posted by tanflash1314 > 2020-11-28 19:24 | Report Abuse

con man counter.operator is missing nw. Going 0.005

jack663

288 posts

Posted by jack663 > 2020-11-29 15:01 | Report Abuse

Rubbish counter , i cut lose and run

Bren21

182 posts

Posted by Bren21 > 2020-12-02 20:55 | Report Abuse

guys...when do we get the free warrants credited?

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-09 22:54 | Report Abuse

United Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19

TOPLINE The experimental vaccine developed by China National Pharmaceutical Group, also known as Sinopharm, is 86% effective at preventing Covid-19 infection and 100% effective at preventing severe and moderate disease, health officials from the United Arab Emirates announced Wednesday, although with scarce detail provided about the trial.

The UAE health ministry cited an interim analysis of a late-stage clinical trial involving 31,000 volunteers as the source of its information, though neither they nor Sinopharm provided any data from the trial to validate the claims such as how many participants were infected or how many actually received the vaccine.

The ministry said “no serious safety concerns” were observed, though, again, no information on side effects was provided.

The ministry said the announcement is a “significant vote of confidence by the UAE’s health authorities in the safety and efficacy of this vaccine.”

The ministry added that it had officially registered the vaccine at the request of the manufacturer, which it says could eventually lead to the shot’s widespread authorization.

https://www.forbes.com/sites/roberthart/2020/12/09/united-arab-emirates-claims-chinas-sinopharm-vaccine-is-100-effective-at-preventing-moderate-and-severe-covid-19/?sh=2a60fb42595c

Posted by tanflash1314 > 2020-12-19 00:27 | Report Abuse

Road to 40sen. Run be4 too late.

Posted by tanflash1314 > 2020-12-25 23:35 | Report Abuse

dump more pls...

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-01-08 09:55 | Report Abuse

Today will limit up, be ready

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2021-01-08 09:56 | Report Abuse

hahaha

tom33tan

50 posts

Posted by tom33tan > 2021-01-08 10:34 | Report Abuse

sapu now 0.675

bulldog

12,157 posts

Posted by bulldog > 2021-01-08 11:20 | Report Abuse

Accumulation in progress

Huat chaiii

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2021-01-08 11:20 | Report Abuse

hahahaha

Sleazy95

39 posts

Posted by Sleazy95 > 2021-01-08 11:31 | Report Abuse

Accumulation of sheep, for slaughter.

Sharegod88

546 posts

Posted by Sharegod88 > 2021-01-08 11:35 | Report Abuse

up up up pls

hzfrdaus

46 posts

Posted by hzfrdaus > 2021-01-08 14:55 | Report Abuse

down down down please

XxxxXzz

684 posts

Posted by XxxxXzz > 2021-01-08 15:33 | Report Abuse

Hahaha? Now what

za122831

97 posts

Posted by za122831 > 2021-01-08 15:37 | Report Abuse

Son wb follows or not

tom33tan

50 posts

Posted by tom33tan > 2021-01-08 15:39 | Report Abuse

limit up coming

Posted by singchai5375 > 2021-01-08 15:45 | Report Abuse

limit up! Huat Lah!

tom33tan

50 posts

Posted by tom33tan > 2021-01-08 15:45 | Report Abuse

first time see limit up..heart attack

Posted by anacondamamba > 2021-01-08 15:56 | Report Abuse

sapu!!

za122831

97 posts

Posted by za122831 > 2021-01-08 16:08 | Report Abuse

Come on son wa&wb

Masin

87 posts

Posted by Masin > 2021-01-08 16:12 | Report Abuse

The son's price is being controlled

newkid

966 posts

Posted by newkid > 2021-01-08 16:18 | Report Abuse

so obvious even beginner can see they push up for RUNNING the WB, once they sold all WB that is the game over for ever !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by singchai5375 > 2021-01-08 16:19 | Report Abuse

Ya! Son already been controlled! Anyway huat together!

Posted by singchai5375 > 2021-01-08 16:39 | Report Abuse

Take care! Mother limit up! Son only up by 0.075!

tom33tan

50 posts

Posted by tom33tan > 2021-01-08 16:40 | Report Abuse

why warrant no up?can explain ?sifu.

pretty_life

4,810 posts

Posted by pretty_life > 2021-01-08 16:43 | Report Abuse

Mother limit up... son limit down... sapu mother is enough... they push mother sell son...

Posted by nicloras1234 > 2021-01-08 16:49 | Report Abuse

anyone know why the wb still 0.20? should be +0.60 to buy mother rite?

Cikam

1,720 posts

Posted by Cikam > 2021-01-08 17:59 | Report Abuse

Releks

Cikam

1,720 posts

Posted by Cikam > 2021-01-08 18:00 | Report Abuse

2 more limit up to come

anthonytkh

1,802 posts

Posted by anthonytkh > 2021-01-08 18:07 | Report Abuse

Hope no one chased today. I got a bad feeling when Mon comes. Have a good weekend

Posted by singchai5375 > 2021-01-08 18:38 | Report Abuse

anthonytkh agree with you! already sell half!

Cikam

1,720 posts

Posted by Cikam > 2021-01-08 18:48 | Report Abuse

Bad feeling? Good..

anthonytkh

1,802 posts

Posted by anthonytkh > 2021-01-08 18:54 | Report Abuse

Glove counters went up too much today. I don’t think it’s logical. Has to be foreign funds and trend-following retailers buying those counters vis-a-vis local institutionals selling

I expect big profit taking on Mon but will depend on news this weekend. Again, hope not many here (retailers) chased high today

Cikam

1,720 posts

Posted by Cikam > 2021-01-08 18:56 | Report Abuse

PNE share is too light to limit up..see you soon. Another gloves company. Covid is not going down guys..

drteh84

527 posts

Posted by drteh84 > 2021-01-09 00:37 | Report Abuse

Ventilator machines and gloves in the making

DreamCapturer

1,172 posts

Posted by DreamCapturer > 2021-01-09 11:17 | Report Abuse

Whoa!!!

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