Puncak Niaga: Appeals Court allows to reinstate RM14bn case. The Court of Appeal allowed Puncak Niaga Holdings’ appeal to reinstate its RM14bn case against former Selangor menteri besar Tan Sri Abdul Khalid Ibrahim and the Selangor government. The appellate court, however, dismissed the inclusion of another former Selangor menteri besar Datuk Seri Azmin Ali as a defendant. It had sued the three parties in November 2017, claiming Khalid and Azmin had abused their powers in public office by threatening to get the federal government to invoke the use of the Water Services Industry Act 2006 (WSIA) to force a takeover of the state’s water industry. (The Edge)
Tessa kata PEB tu siLim offer at 1.07 tapi current price dah 1.15, Monday tak tau la berapa harga PEB nanti. Future business belum tentu dapat approval. If dapat mungkin PEB can easily pergi above 2.00. PEB bukan PUNCAK. Kalau lihat record satu family dah jual saham.
If the "correct" finance cost is RM 3m lower per quarter coupled with a lower "correct" tax charge at RM 0.5m per quarter Puncak would be reporting a profit in most of the quarters
There have been operating profits for a few quarters now; losses were wholly due to finance costs
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Roy 8
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Posted by Roy 8 > 2021-02-17 08:27 | Report Abuse
Puncak Niaga: Appeals Court allows to reinstate RM14bn case. The Court of Appeal allowed Puncak Niaga Holdings’ appeal to reinstate its RM14bn case against former Selangor menteri besar Tan Sri Abdul Khalid Ibrahim and the Selangor government. The appellate court, however, dismissed the inclusion of another former Selangor menteri besar Datuk Seri Azmin Ali as a defendant. It had sued the three parties in November 2017, claiming Khalid and Azmin had abused their powers in public office by threatening to get the federal government to invoke the use of the Water Services Industry Act 2006 (WSIA) to force a takeover of the state’s water industry. (The Edge)