Posted by Good123 > 2020-11-10 16:36 | Report Abuse

coming , see u at the top tomorrow :)

Posted by Good123 > 2020-11-10 16:40 | Report Abuse

coming sudah , new updates probably


Permaju Industries enters deal to make HK firm's sanitiser for SEA market ...

6 Apr 2020 — Permaju Industries Bhd is looking into bottling and distributing a Hong Kong firm's sanitiser product for the Southeast Asian market.

Missing: health ‎| Must include: health

www.theedgemarkets.com › article

MyEG, AirAsia X, How Wah Genting, Yinson and Permaju Industries | The ...

28 Apr 2020 — ... Bhd and Permaju Industries Bhd . MyEG Philippines Inc, a unit of MyEG Services Bhd , has rolled out a contact tracing and digital health ...

www.nst.com.my › 2020/06 › d...

Developers like Permaju are diversifying into more lucrative businesses

8 Jun 2020 — Permaju Industries Bhd has incorporated a wholly-owned ... adhering to the guidelines by the World Health Organisation.

www.nst.com.my › 2020/04 › p...

Permaju in breakthrough pact in war against Covid-19 - New Straits Times

6 Apr 2020 — KUALA LUMPUR: Sabah-based Permaju Industrial Bhd has ... that

Posted by Good123 > 2020-11-10 16:44 | Report Abuse

last minute warming up, esok baru showtime kot hahaha

Posted by Good123 > 2020-11-10 16:46 | Report Abuse

mau maju, perlu Ada permaju Kan? :)

Posted by Good123 > 2020-11-10 16:56 | Report Abuse

macam netx Dah, after warming up ,Naik 1sen today, esok baru memecut kot

Posted by Victor Yong > 2020-11-10 17:31 | Report Abuse

pakar graf yang memberitahu, bukan aku :) kebetulan yang terindah


Target Price RM0.205, RM0.225
Last closing price RM0.190
Potential return 7.8%, 18.4%
Support RM0.180
Stop Loss RM0.160
Possible for further rebound. PERMAJU formed a bullish engulfing candlestick pattern yesterday, of which signifies a potential halt in its prior downtrend. Slightly improved RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in the near term. Should resistance level of RM0.205 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.225.

However, failure to hold on to support level of RM0.180 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 2 Oct 2020

Posted by Victor Yong > 2020-11-10 17:35 | Report Abuse

Esok lagi menarik .

Semoga bahagia :)

Date Close Volume
10 Nov 2020. 18.5sen. 10mil shares++
09/11/2020 0.175 4,567,000
06/11/2020 0.18 15,010,400
05/11/2020 0.18 10,725,800
04/11/2020 0.17 7,143,800
03/11/2020 0.165 9,625,700
02/11/2020 0.165 4,970,100
30/10/2020 0.17 9,115,400
28/10/2020 0.18 2,917,100
27/10/2020 0.18 6,521,500
26/10/2020 0.175 9,838,400
23/10/2020 0.18 15,315,200
22/10/2020 0.19 6,439,200
21/10/2020 0.19 21,516,300
20/10/2020 0.205 67,447,800
19/10/2020 0.185 7,304,500
16/10/2020 0.19 4,670,700
15/10/2020 0.185 3,783,500
14/10/2020 0.19 11,338,800
13/10/2020 0.185 7,596,800

Posted by Victor Yong > 2020-11-10 17:57 | Report Abuse

NAV 67sen, p/b value ~0.25x still cheap ok

Share 25-33.5sen is possible:)

Wait for offer for privatisation or mgmt buyout fingers crossed. ESOS announced could help mgmt buyout too :)

Posted by Godofgambler > 2020-11-10 18:00 | Report Abuse

Pemaju to regain at Tp0.50 then 0.80

Posted by Good123 > 2020-11-10 18:00 | Report Abuse

LIST OF TOP 30 LARGEST ICPS HOLDERS
(BASED ON REGISTER OF DEPOSITORS AS AT 23 SEPTEMBER 2020)
NO. OF Percentage
NO. NAME OF SHAREHOLDERS SHARES (%)
1 TOH EAN HAI 58,000,000 5.22
2 TAN CHIN HOE 53,501,600 4.81
3 DENNISE KHOO YEAP TENG 34,207,800 3.08
4 TA NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR TAN CHIN HOE 34,030,000 3.06
5 M

Posted by Good123 > 2020-11-10 18:01 | Report Abuse

LIST OF TOP 30 LARGEST WARRANTS HOLDERS
(BASED ON REGISTER OF DEPOSITORS AS AT 23 SEPTEMBER 2020)
NO. OF Percentage
NO. NAME OF WARRANTS HOLDERS WARRANTS (%)
1 YONG CHOO KIONG 10,000,000 10.69
2 CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB FOR LEE SOI GEK (PB) 4,495,680 4.81
3 MAYBANK NOMINEES (TEMPATAN) SDN BHD
RADIN ZULKAR NAIN BIN RADIN ABDUL RAHMAN 2,700,000 2.89
4 TEO AH SENG 1,633,080 1.75
5 NORAZMAH BINTI IBRAHIM 1,500,000 1.60
6 LEOW THYE YIH 1,200,000 1.28
7 WONG YOON CHEE 1,153,500 1.23
8 NURUL 'AWATIF BINTI AHMAD 1,110,000 1.19
9 GOH CHIN SEONG 1,000,000 1.07
10 NURUL ANISAH BINTI JUSOH 1,000,000 1.07
11 CHEW HEE NGE 950,000 1.02
12 KOH BE YANG 800,000 0.86
13 LIM CHIN PO 798,000 0.85
14 TAN LEI WAN 750,000 0.80
15 AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD.
PLEDGED SECURITIES ACCOUNT FOR TAN BOON TIONG (TAN1488C) 729,100 0.78
16 YONG SWEE KOON 663,500 0.71
17 MAYBANK NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR CHONG WAH KEONG 650,000 0.69
18 ZAMHARI BIN MOHTAR 650,000 0.69
19 OOI KANG BOON 600,000 0.64
20 TING SING HONG 600,000 0.64
21 PUBLIC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR WONG YEE SIONG (E-BPJ/JKA) 600,000 0.64
22 KENANGA NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR LEOW TEIK HENG (023) 600,000 0.64
23 CHONG CHING YEE 588,000 0.63
24 MAYBANK NOMINEES (TEMPATAN) SDN BHD
IDRIS BIN ISMAIL 512,000 0.54
25 ONG KOK LENG 500,000 0.53
26 TEO YAU LENG 500,000 0.53
27 SIM SEOW HENG 500,000 0.53
28 ABDUL HANIFF BIN SULAIMAN 500,000 0.53
29 FAIROZ BIN MOHD YUSOP 500,000 0.53
30 LIM HONG KANG 500,000 0.53

Posted by Good123 > 2020-11-10 18:02 | Report Abuse

LIST OF TOP 30 LARGEST SECURITIES ACCOUNTS HOLDERS
(BASED ON REGISTER OF DEPOSITORS AS AT 23 SEPTEMBER 2020)
NO. OF Percentage
NO. NAME OF SHAREHOLDERS SHARES (%)
1 MAYBANK SECURITIES NOMINEES (ASING) SDN BHD
EXEMPT AN FOR MAYBANK KIM ENG SECURITIES PTE LTD (A/C 648849) 54,658,600 12.20
2 TOH EAN HAI 8,752,600 1.95
3 HLIB NOMINEES (ASING) SDN BHD
PLEDGE SECURITIED ACCOUNT FOR TAN LEE PANG S/O HUM BENG 6,200,000 1.38
4 CGS-CIMB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR BERNADETTE MARGARET LAU 6,100,000 1.36
5 DENNISE KHOO YEAP TENG 5,924,600 1.32
6 MAYBANK NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR LAI WENG CHEE @ LAI KOK CHYE 5,300,000 1.18
7 CGS-CIMB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIED ACCOUNT FOR ANG KOK SEONG (M55015) 5,200,000 1.16
8 CGS-CIMB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIED ACCOUNT FOR NG WAI YUAN (T CHERAS-CL) 5,000,000 1.12
9 WONG AH YONG 5,000,000 1.12
10 HLB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR TAN LEE PANG S/O HUM BENG 4,700,000 1.05
11 AFFIN HWANG NOMINEES (ASING) SDN BHD
EXEMPT AN FOR SANSTON FINANCIAL GROUP LIMITED (ACCOUNT CLIENT) 4,000,000 0.89
12 KENANGA NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR CHAI WOON YUN 3,800,000 0.85
13 YONG CHOO KIONG 3,500,000 0.78
14 CHIA LAI KING 3,500,000 0.78
15 TAN HOCK SOON 3,100,000 0.69
16 YONG SIEW NGEE 3,000,000 0.67
17 TOH HOOI HAK 3,000,000 0.67
18 MAYBANK NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR ANG KOK SEONG 2,600,000 0.58
19 AFFIN HWANG NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR LIM TECK HUAT 2,600,000 0.58
20 CIMSEC NOMINEES (TEMPATAN) SDN BHD
PLEDGED FOR LEE SOI GEK (PB) 2,500,000 0.56
21 CHIA LEE LEE 2,500,000 0.56
22 WONG YOON CHEE 2,307,000 0.52
23 LING TUNG MING 2,295,000 0.51
24 JF APEX NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR NG JOO BAY (MARGIN) 2,176,600 0.49
25 CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB FOR TEO AH SENG (PB) 2,163,800 0.48
26 KOH AI TYNG 2,139,800 0.48
27 LIM MENG HONG 2,100,000 0.47
28 HSBC NOMINEES (ASING) SDN BHD
MORGAN STANLEY

Posted by Good123 > 2020-11-10 18:04 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)
PERMAJU INDUSTRIES BERHAD

Information Compiled By KLSE

Particulars of Director
Name CHAI WOON YUN
Descriptions(Class) Irredeemable Convertible Preference Shares ("ICPS")
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
21/08/2020
140,524,880
Others
Direct Interest
Name of registered holder CHAI WOON YUN
Description of "Others" Type of Transaction Issuance of ICPS
Consideration (if any)

Circumstances by reason of which change has occurred Settlement of debts owing by Permaju Industries Berhad by way of issuance of 140,524,880 Settlement ICPS.
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 140,524,880
Direct (%) 10.173
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 03/09/2020
Date notice received by Listed Issuer 03/09/2020


Announcement Info
Company Name PERMAJU INDUSTRIES BERHAD
Stock Name PERMAJU
Date Announced 03 Sep 2020
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-02092020-00050

Posted by Good123 > 2020-11-10 18:05 | Report Abuse

No. Address
Description of
property and
Existing use Tenure
Expiring
Date
Land Area
(Acre)
Net book
value as at
30.06.2020
(RM)
1. HSD 160571 to 160573,
Lot PT Nos. 26665 to 26667
respectively, Mukim of Setul,
Seremban, Negeri Sembilan
Timber Plantation 99 10.06.2103 299.98
acres
23,009,121

Posted by Good123 > 2020-11-10 18:09 | Report Abuse

The past year has been a challenging time for
many businesses across the globe. The COVID-19
pandemic which begun in December 2019 has brought
unprecedented difficulties to the global economy, the
impact of which is expected to last for many months
to come, as our country continues to battle its spread
through these uncertain times. In its wake, new measures
and innovations are brought to the forefront while
businesses strive to support their operations and their
employees.
The Group’s business in the marketing and distribution of
automotive vehicles has also been greatly impacted by
this instability but we believe that the economic stimulus
packages announced by the Government of Malaysia will
support the gradual recovery of economic activities and
in turn help the automotive industry return to pre-COVID
performance.
The Group had completed the disposal of its subsidiaries
involved in its timber business, which were loss-making,
on 15 June 2020. On 21 August 2020, the Group
completed a Rights Issue Irredeemable Convertible
Preference Shares ("ICPS") with Warrants, of which part
of its proceeds were allocated to repay its overdraft
facility. As at 5 October 2020, we have fully repaid this
overdraft facility. We hope that this will place us in a
stronger financial footing for the coming financial years.
Besides recovery actions, the Group has turned to new
opportunities which will help us achieve continued growth
despite the setbacks brought on by the pandemic.
Approximately RM43.5 million of the Rights Issue ICPS
with Warrants, which was completed on 21 August 2020,
was earmarked for the development of a 4-storey Mydin
hypermarket located within our Princess Heights project,
and to facilitate the expansion of our automotive segment.
Thus far, we have utilised almost 30.0% of these allocated
proceeds from the Rights Issue ICPS with Warrants.
Further, the Group is also expected to benefit from its
recent foray into renewable energy via our joint venture
agreement with VSolar Group Berhad ("Vsolar"). Permaju
and Vsolar will jointly submit a bid to build and operate a
large-scale solar power plant in Seremban with an output
capacity of 50MW on land owned by our subsidiary,
Genbayu Gemilang Sdn Bhd. Investing in solar energy
is not only be an additional revenue stream to the
Group but will be sustainable for our operations and the
environment. Due to technological advancements, the
For the financial year ended June 2020 the Group reported an annual revenue of RM57.58 million
which is a 49.7% decrease compared to RM114.38 million in the previous year. This decrease
in revenue has mainly been caused by lower vehicle sales volume arising from the closure
of businesses due to the Movement Control Order imposed by the Malaysian Government in
response to the COVID-19 pandemic as well as decreased demand for automobiles due to
consumer uncertainty.
capital costs for solar energy has significantly decreased
over the past few years and harnessing the power of
the sun in our geographically blessed nation will result in
fruitful productivity.
The Group’s commitment to sustainability is not only
evidenced from our investment into clean energy but also
in our daily business operations. We maintain our 3 tenets
of sustainability – Environment, Economics, Social – and
continue efforts in both reducing the negative impact that
our businesses have on the environment and increasing
the positive impact we have on society at large. We
understand the value that sustainability matters bring to
the long-term viability of the business and strive to balance
commercial success with corporate responsibility.
Finally, on behalf of the Board, I would like to welcome
Mr. Tang Boon Koon on his appointment as Executive
Director on 5 June 2020 and we certainly look forward
to his support and contribution to the Group. I would also
like to thank Mr. Teh Foo Hock, who has resigned as an
Executive Director on 6 October 2020, for his valuable
contributions to the Group.
Further, I would like to express gratitude for the continued
hard work and commitment given by our management
team and our employees, especially during these trying
times. I also wish to thank our customers, shareholders
and partners for their support and faith in the business.
Through perseverance and dedication of everyone in the
Group, I believe we will achieve greater progress and
milestones in the years to come.

Jean-Michel Fink
Independent Non-Executive Chairman

Posted by Good123 > 2020-11-10 18:10 | Report Abuse

Jean-Michel Fink was appointed to the Board of
Directors of Permaju Industries Berhad (“Permaju” or the
“Company”) (“Board”) as the Independent Non-Executive
Chairman of the Company on 30 November 2017. He
holds a degree as a Master of Engineering from the Jade
University in Wilhelmshaven and a degree as Bachelor of
Engineering from the University of Applied Sciences in
Hannover.
He started his career in the machine building industry
in 2005, followed by the electronics and automation
industry in 2010. After fruitful years of experience as a
Product Manager, he currently is a Marketing Manager
for a multinational company. He is leading the marketing
Chai Woon Yun was appointed to the Board on 24
February 2014 as an Executive Director of the Company.
She holds Certificates IV in Fashion and Textiles
Merchandising and Clothing Production from RMIT
University and has an Advanced Diploma in Fashion
Marketing

Posted by Good123 > 2020-11-10 18:12 | Report Abuse

Tang Boon Koon
• 50 years of age, Malaysian, Male
• Executive Director
He has held a number of senior management positions in
various public listed companies in Malaysia, Hong Kong
and New Zealand with business activities covering a wide
range of industries. He was the Chief Operation Officer
of MyKris Limited, a company listed in New Zealand
Alternative Exchange. He currently sits on the Board of
mTouche Technology Berhad, GPA Holdings Berhad,
Meridian Berhad and Pasukhas Group Berhad.
He has no relationship with any director and/or major
shareholder of the Company and no conflict of interest
with the Company.
He has not been convicted of any offences within the past
five (5) years other than traffic offences, if any, and has
not been imposed any public sanction or penalty by the
relevant regulatory bodies during the financial year ended
30 June 2020.
Mark Chew Shin Yong
• 52 years of age, Singaporean, Male
• Independent Non-Executive Director
• Chairman of Remuneration Committee and Nomination Committee
• Member of Audit and Risk Management Committee
Mark co- founded Mejority Capital Limited in 2012 and as
a Principal, is actively involved in the firm’s public equity
business via Mejority Securities Limited, a participant
of the Stock Exchange of Hong Kong. He was also
responsible for setting up Messaging Technologies (H.K.)
Limited which is a subsidiary of M3 Technologies (Asia)
Berhad and is involved in its daily operations.
He was appointed as the Executive Chairman of M3
Technologies (Asia) Berhad and he also has interest in
various private limited companies in countries outside
Malaysia which are involved in various businesses.
He has no relationship with any director and/or major
shareholder of the Company and no conflict of interest
with the Company.
He has not been convicted of any offences within the past
five (5) years other than traffic offences, if any, and has
not been imposed any public sanction or penalty by the
relevant regulatory bodies during the financial year ended
30 June 20

Posted by Good123 > 2020-11-10 18:13 | Report Abuse

Pui Hold
• 38 years of age, Malaysian, Male
• Independent Non-Executive Director
• Chairman of Audit and Risk Management Committee
• Member of Remuneration Committee and Nomination Committee
debt capital market, offshore loan syndication, corporate
finance advisory

Posted by Good123 > 2020-11-10 18:13 | Report Abuse

PROFILE OF
Key Senior Management
En. Basharuddin Bin Abdullah was appointed as
Dealer Principal of the subsidiary companies, Capital
Intertrade Sdn Bhd (“CISB”) and Cergaz Autohaus Sdn
Bhd (“CASB”).
He obtained his Diploma in Business Administration
(Banking Studies) from Mara Institute of Technology (ITM).
After completing his studies in 1988, he started his career
with Cold Storage (Malaysia) Berhad as Audit Assistant. In
1991, he left Cold Storage (Malaysia) Berhad and joined
Cycle

Posted by BabyAce > 2020-11-10 18:14 | Report Abuse

This Victor go where also can see u hahaha

Posted by Good123 > 2020-11-10 18:16 | Report Abuse

Full Name PERMAJU INDUSTRIES BERHAD
Symbol

Posted by newbie9893 > 2020-11-10 18:25 | Report Abuse

Good123, are you trying to promote Permaju?

Posted by Godofgambler > 2020-11-10 19:07 | Report Abuse

Flying to the moon soon.

Posted by Godofgambler > 2020-11-10 19:11 | Report Abuse

https://www.nst.com.my/business/2020/06/599088/developer-turns-glove-maker

Posted by Godofgambler > 2020-11-10 21:02 | Report Abuse

Tomorrow Permaju will fly?

Posted by Victor Yong > 2020-11-10 22:17 | Report Abuse

Be patient on this project, not a must to do it with anzo :)

Permaju Industries clarified that its plan to venture into glove manufacturing jointly with Anzo, is still at the discussion stage. In a filing with Bursa Malaysia, Permaju stressed that no joint venture has yet to be formed.

Posted by Godofgambler > 2020-11-10 22:52 | Report Abuse

Mahsing Glove
Permaju Glove

Posted by TokAbah > 2020-11-11 00:04 | Report Abuse

This Permaju if she wants to fly. She will fly like nobody business lorr. Otherwise it will comatose regardless of index up to 50pts . But now it is high time to flyy. Short term TP 20sen lorr. Just humble target only. Hiho

Posted by Godofgambler > 2020-11-11 06:13 | Report Abuse

Going back 0.50 soon
New announcment on the way

Posted by Victor Yong > 2020-11-11 06:55 | Report Abuse

Bagus, dah tiada bisnes pembalakan lagi :)


The Group had completed the disposal of its subsidiaries
involved in its timber business, which were loss-making,
on 15 June 2020.

Posted by Victor Yong > 2020-11-11 07:02 | Report Abuse

Probably, for this purpose :)

Sabah-based Permaju plans to set up a production facility in Seremban, Negri Sembilan, investing between RM150 million and RM200 million, sources said. KUALA LUMPUR: Property developer Permaju Industries Industries Bhd is venturing into the glove manufacturing business as demand for rubber gloves continues to advance worldwide amid the Covid-19 pandemic.


NOTICE OF 24TH ANNUAL GENERAL MEETINGNOTICE IS HEREBY GIVEN THAT the Twenty-Fourth (24th) Annual General Meeting (“AGM”) of PERMAJU INDUSTRIES BERHAD (“Permaju” or “the Company”) will be conducted virtually through live streaming from the broadcast venue at Lot 18.2, 18th Floor, Menara Lien Hoe, No. 8 Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor on Monday, 30 November 2020 at 10.00 a.m. for the transaction of the follo

To consider and, if thought fit, to pass the following resolutions:8.Proposed authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act, 2016“THAT subject to passing of the Special Resolution 1 of the Notice of AGM dated 30 October 2020, and subject to the Companies Act, 2016 (“the Act”), the Constitution of the Company, the Main Market Listing Requirements (“Listing Requirements”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), Additional Temporary Relief Measures to Listed Corporations for Covid-19, issue by Bursa Securities on 16 April 2020 and subject to the approvals of the relevant governmental/regulatory authorities, the Directors be and are hereby authorised and empowered pursuant to Sections 75 and 76 of the Act, to issue and allot shares in the Company, at any time to such persons and upon such terms and conditions and for such purposes as the Directors may, in their absolute discretion deem fit, provided that the aggregate number of shares to be issued pursuant to this resolution does not exceed twenty per centum (20%) of the total number of issued shares of the Company (excluding treasury shares) at any point in time (“20% General Mandate”); AND THAT the Directors be and are hereby also empowered to obtain approval from the Bursa Securities for the listing and quotation of the additional shares so issued pursuant to the 20% General Mandate on Bursa Securities;




KUALA LUMPUR: Property developer Permaju Industries Industries Bhd is venturing into the glove manufacturing business as demand for rubber gloves continues to advance worldwide amid the Covid-19 pandemic.


Sabah-based Permaju plans to set up a production facility in Seremban, Negri Sembilan, investing between RM150 million and RM200 million, sources said.

The company owns 121.4 hectares of land in Seremban.

No. Address
Description of
property and
Existing use Tenure
Expiring
Date
Land Area
(Acre)
Net book
value as at
30.06.2020
(RM)
1. HSD 160571 to 160573,
Lot PT Nos. 26665 to 26667
respectively, Mukim of Setul,
Seremban, Negeri Sembilan
Timber Plantation 99 10.06.2103 299.98
acres
23,009,121

@
Godofgambler https://www.nst.com.my/business/2020/06/599088/developer-turns-glove-m...
10/11/2020 7:11 PM



**************************Disclaimer: Consult your fund manager for any investment decision, etc

Posted by Victor Yong > 2020-11-11 07:16 | Report Abuse

NTA 0.6700
PTBV 0.28
RPS 11.47
PSR 2
Market Cap 92.9M
RSI(14) Neutral 47.1
Stochastic(14) Neutral 45.5
Average Volume 29,342,100
Relative Volume 0.4

Posted by Victor Yong > 2020-11-11 07:19 | Report Abuse

Good to enrich employees accordingly. 15% stake can facilitate management buyout also if any :)


NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME INVOLVING UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES ("PROPOSED ESOS")
PERMAJU INDUSTRIES BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
ESOS
Description
PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME INVOLVING UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES ("PROPOSED ESOS")
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 16 October 2020 in relation to the Proposed ESOS, where applicable, unless stated otherwise or defined herein.)



Reference is made to the earlier announcement in relation to the Proposed ESOS dated 16 October 2020.



On behalf of the Board, Mercury Securities is pleased to announce that Bursa Securities has, vide its letter dated 23 October 2020, approved the listing of such number of new Shares, representing up to 15% of the total number of issued Shares (excluding treasury shares) to be issued pursuant to the Proposed ESOS.



The approval by Bursa Securities for the above is subject to the following conditions:-



(i) Mercury Securities is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy (“CTC”) of the resolution passed by the Shareholders in general meeting; and



(ii) Permaju is required to furnish Bursa Securities on a quarterly basis a summary of the total number of Shares listed pursuant to the Proposed ESOS, as at the end of each quarter together with a detailed computation of listing fees payable.





This announcement is dated 23 October 2020.

Posted by Victor Yong > 2020-11-11 07:23 | Report Abuse

:)

Promising news regarding an effective COVID-19 vaccine led investors away from market leaders and toward cyclical stocks associated with economic recovery.
TheStar11 Nov, 2020 06:33am - an hour ago

Posted by Good123 > 2020-11-11 07:29 | Report Abuse

it seems the 20% PP to be approved during the coming AGM on Nov 30 is for the reported glove plant in NS, tanah Dah Beli.

better late than never.

Posted by Good123 > 2020-11-11 07:31 | Report Abuse

better keep it till Nov 30 and further updates, etc. consult your fund manager

Posted by Good123 > 2020-11-11 07:32 | Report Abuse

there may be something on if the share price surges suddenly again. hold your breath :)

Posted by MasterYoda > 2020-11-11 08:09 | Report Abuse

Ok lah you all say until so good,later i whack 500 lots,trust you all :)

Posted by Victor Yong > 2020-11-11 09:35 | Report Abuse

Further update on the glove factory set up in negeri sembilan will be interesting, land pun sudah beli

Posted by Victor Yong > 2020-11-11 09:40 | Report Abuse

Mydin project confirmed, timber loss making biz sold off, glove factory to be set up .., top mgt is really keen on turning it profitable

Posted by Victor Yong > 2020-11-11 09:42 | Report Abuse

The recent ICPS pumped in a lot of money. Acquired 100mil shares of meridian with an unrealised profit of rm7mil+

Posted by MasterYoda > 2020-11-11 10:39 | Report Abuse

Already in,TP $1 only sell ke ke ke

Posted by Good123 > 2020-11-11 11:30 | Report Abuse

they pumped in a lot of money betul2 mau buatnya untung .. succession planning for second generation

Posted by Good123 > 2020-11-11 11:35 | Report Abuse

itu founder takda Dalam lembaga pengarah lagi. anak perempuannya adalah ED :)

Posted by Good123 > 2020-11-11 11:36 | Report Abuse

Kira permaju diurus dll oleh generasi kedua. German dilantik sebagai chairman, cool Kan? :)

Posted by Good123 > 2020-11-11 12:21 | Report Abuse

18sen /- steady

Posted by Good123 > 2020-11-11 12:22 | Report Abuse

refueling b4 take off kot

Posted by Good123 > 2020-11-11 12:22 | Report Abuse

everything the old founder did was for his next generation

Posted by Good123 > 2020-11-11 12:23 | Report Abuse

timber biz sold off ... now focus on lifestyle, health, property development, auto,glove

Posted by Good123 > 2020-11-11 12:24 | Report Abuse

recently acquired meridian to venture into property development in peninsula Dan tourism industry in Malaysia