Posted by Good123 > 2020-11-16 09:10 | Report Abuse

PA at 4sen paling berbaloi. harga terbitan 5sen.

Posted by Good123 > 2020-11-16 09:11 | Report Abuse

5 PAs = 1 ordinary 5X pengganda dengan top up Wang tunai

Posted by Good123 > 2020-11-16 09:12 | Report Abuse

mct juga hijau yang saya highlighted baru2 ini :)

Posted by Good123 > 2020-11-16 09:12 | Report Abuse

permaju PA~ 2 juta shares traded

Posted by Victor Yong > 2020-11-16 09:41 | Report Abuse

20sen syer biasa dah cleared, PA 2juta syer++ traded. Interesting

Posted by Victor Yong > 2020-11-16 09:43 | Report Abuse

At 4sen, PA sama harga dengan syer biasa at 20sen, tapi PA ada kuasa pengganda 5x , top up cash saja

Posted by Victor Yong > 2020-11-16 09:52 | Report Abuse

Uptrend ? :)

Date Close
13/11/2020 0.20
12/11/2020 0.19
11/11/2020 0.18
10/11/2020 0.185
09/11/2020 0.175
06/11/2020 0.18
05/11/2020 0.18
04/11/2020 0.17
03/11/2020 0.165

Posted by Good123 > 2020-11-16 10:14 | Report Abuse

expecting WA holders to sell and buy PA

Posted by Good123 > 2020-11-16 10:15 | Report Abuse

ordinary shareholders may do the same, add PA with 5x kesan pengganda

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

Bloomberg reported Asian stocks climbed with US futures amid positive sentiment on trade in the region and after a US national lockdown was ruled out. The dollar retreated.

The Asian benchmark was on track for a record close as shares rose across the region with Japan and South Korea outperforming. Asia Pacific nations including China, Japan and South Korea on Sunday signed the world’s largest regional free-trade agreement.

Posted by Good123 > 2020-11-16 10:21 | Report Abuse

AT from 1.5sen to current price level, permaju baru mau mula, :)

Posted by Good123 > 2020-11-16 10:27 | Report Abuse

PA atau icps issued at 5sen, now 4sen, 20% cheaper, big margin of safety, Kan?

Posted by Good123 > 2020-11-16 10:49 | Report Abuse

buy 1 PA/icps at 4sen, with multiplier effect, top up cash for 4 at 5sen=20sen.

total cost = 24sen.

Posted by Good123 > 2020-11-16 10:50 | Report Abuse

if use 5 pa at 4sen for 1 ord share = 20sen same as ord share at 20sen now

Posted by Good123 > 2020-11-16 11:15 | Report Abuse

if I want 5000 ord shares, just buy 1000 PAs to lock in. my capital = RM 400 because PA biz dirt cheap at 4sen. if I exercise it within 10 years, cost per share 24sen much cheaper alternative to warrant.

if I don't use its multiplier effect, get 200 ord shares at 20sen cost per share. 1000 PAs/5= 20O ord shares

Posted by Good123 > 2020-11-16 11:20 | Report Abuse

if investors want to less capital but bigger exposure in permaju, PA /icps is the best choice

Posted by Goldencoins > 2020-11-16 11:26 | Report Abuse

just promote mother shares, people will chase PA like no tmr.

Posted by Goldencoins > 2020-11-16 11:32 | Report Abuse

Good123, you promoting wrong counter, there is a counter call PA, it go up after your constant promotion.

You must promote permaju, then the pa will follow up.

Posted by Good123 > 2020-11-16 12:04 | Report Abuse

permaju PA

Posted by Good123 > 2020-11-16 12:05 | Report Abuse

go for permaju shares

Posted by Good123 > 2020-11-16 12:13 | Report Abuse

BEIJING: Chinese new home prices grew at a slower monthly pace in October, data showed on Monday, as many developers moved to cut prices to promote sales amid tighter government scrutiny on borrowing.

Average new home prices in 70 major cities rose 0.2% in October from a month earlier, the slowest monthly growth rate since March and down from September's 0.4% growth, according to Reuters calculations based on data released by the National Bureau of Statistics (NBS).

Compared with the same month a year earlier, home prices rose 4.3% in October, easing slightly from September's 4.6% growth.

Zhang Dawei, a Beijing-based analyst with property agency Centaline, said the tightening measures imposed by many cities have started to put pressure on home prices growth, especially as some have rolled out price caps on new home projects.

Sales promotion campaigns amid increasing housing supply during the traditional peak season also weighed on prices, Zhang added.

China's massive property market recovered quickly from the coronavirus crisis earlier this year, due to cheaper credit and looser purchase restrictions in some cities.

But with sales picking up steam, policymakers have taken a tougher stance since the start of the second half of the year, with regulators increasing scrutiny on financing activities of developers and buyers to prevent rampant growth in borrowing.

The NBS data on Monday also showed the number of cities reporting monthly price increases for new homes fell to 45 out of 70 from 55 in September.

In contrast with the softening prices data, China's October real estate investment rose 12.7% from a year ago, quickening from September's 12% and the fastest pace since July 2018, according to Reuters calculations based on data from NBS.

Property sales by floor area rose by a solid 15.3%, the highest in more than three years, while new construction starts expanded 3.5%, improving from last month's fall of 1.9%.

"The robust investment data was mainly fuelled by home construction activity, as developers' land purchase slowed down since the third quarter as regulators planned to impose rules to curb their debt levels," said Nie Wen, economist at Shanghai-based Hwabao Trust.

"I expect solid 5-10% year-to-date property investment growth to continue till the first half of next year if current sales momentum remains." The Chinese Communist Party leadership recently reiterated its existing policy of discouraging speculation in the property market.

Analysts say strict buying restrictions and price caps are likely to remain in place, especially in higher-tier cities where pent-up demand is still robust.

In addition, deleveraging for homebuilders to tackle unbridled borrowing is becoming an increasingly important policy, an effort by authorities to institute a long-term supervision mechanism for the market. - Reuters

Posted by Good123 > 2020-11-16 12:29 | Report Abuse

just be patient, permaju, bapak Eddie chai was the founder and one of the substantial shareholder now

Posted by Victor Yong > 2020-11-16 18:24 | Report Abuse

Don’t worry consolidation at 20sen. Nanti fly kuat kot

Posted by Victor Yong > 2020-11-16 19:32 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PERMAJU INDUSTRIES BERHAD ("Permaju" or "the Company") - 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")
- 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, 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.



Please refer to the attachment for details of the announcement.



This announcement is dated 16 November 2020.

Posted by Victor Yong > 2020-11-16 19:34 | Report Abuse

Up esok kot :)

Type: Subject:
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.

Posted by Victor Yong > 2020-11-16 22:39 | Report Abuse

Business Background
PNE PCB Bhd is a Malaysia-based company. The principal activities of the company consist of those relating to the manufacture and sale of printed circuit boards. The product line of the company includes single sided PCB (printed circuit board), double-sided non-plated thru hole PCB, carbon PCB, STH and cupth PCB and others. The company operates its business in Malaysia, Singapore and People’s Republic of China. The majority of the company’s revenue comes from China.

Posted by Victor Yong > 2020-11-16 23:12 | Report Abuse

Balik RM1++ seperti bulan March 2020? :)

Permaju Industries Bhd
PMJU Historical Data
Time Frame:

Monthly

Date Price Open High Low Vol. Change %
Nov 20 0.200 0.170 0.205 0.160 11.45M 17.65%
Oct 20 0.170 0.170 0.215 0.165 354.90M 0.00%
Sep 20 0.170 0.300 0.465 0.170 1.19B -43.33%
Aug 20 0.300 0.325 0.375 0.255 399.46M -6.25%
Jul 20 0.320 0.255 0.355 0.245 781.39M 28.00%
Jun 20 0.250 0.595 0.850 0.240 723.01M -58.33%
May 20 0.600 0.675 0.725 0.595 118.43M -11.11%
Apr 20 0.675 0.980 1.000 0.645 208.80M -31.12%
Mar 20 0.980 0.815 1.070**** 0.805 281.10M 20.25% RM1.07 - highest

Posted by Victor Yong > 2020-11-16 23:27 | Report Abuse

Hold your breath, update on this matter together with AT anytime from now probabbly :)

Permaju Industries, AT Systematization to roll out ...
https://www.thesundaily.my/business/permaju...
28/04/2020 · PETALING JAYA: Permaju Industries Bhd has joined hands with AT Systematization Bhd to distribute Penaclo solution via a sanitiser gateway, an engineered sanitising box that is capable of ...

Posted by Victor Yong > 2020-11-16 23:33 | Report Abuse

Permaju & AT are so close, jointly do glove manufacturing probably :)

Permaju, AT Systematization to roll out Sanitiser Gateway
By FocusM
04/28/2020
in Mainstream
PERMAJU Industries Bhd’s wholly-owned subsidiary, Team Japs Sdn Bhd, has teamed up with AT Engineering Solution Sdn Bhd, a wholly-owned subsidiary of AT Systematization Bhd (ATS), to distribute Penaclo solution via an engineered sanitising box.

In a joint statement, Permaju said the sanitising box (Sanitizer Gateway) is able to dispense sanitiser and disinfectant liquid solution evenly on any person walking through it.

Permaju executive director Teh Foo Hock said it is important to be ready for the post-Movement Control Order (MCO) as people would be confronted with a new environment.

On April 6, Permaju collaborated with Pentaweft Biotech Ltd for the supply of the Penaclo solution.

This solution is one of the very few sanitiser solutions in the world that was successfully tested by China’s State Key Lab of Respiratory Diseases, as effective in eradicating over 99.95% of the Covid-19 virus within the first 30 seconds of application, and is proven safe to animal cells.

“While looking for bottling and distribution partners for the sanitiser solution, our company came out with the idea of Sanitizer Gateway and decided to approach AT Systemization for the design and manufacturing of the Gateway.

“Time is of the essence. We need to roll out the product fast before the MCO is lifted,” said Teh.

Meanwhile, ATS managing director Choong Lee Aun said fabrication of the first Sanitiser Gateway will be ready soon, and the company has been getting many enquiries for its post-MCO products in the last few weeks.

“Both Permaju and AT Systematization aim to design, engineer, manufacture and distribute the Sanitizer Gateway that dispenses Penaclo solution to high-risk areas.

“This include hospitals, offices, restaurants, shopping malls, schools and public transportation hubs where high human foot traffic occurs on a daily basis, especially once the MCO is lifted by the government and until a definitive vaccine is found for the Covid-19 virus, manufactured and administered worldwide,” Choong said. — April 28, 2020, Bernama

Posted by Victor Yong > 2020-11-17 05:53 | Report Abuse

Flying higher


Dow Jones Industrial Average (DJI)
NYSE
29,950.44 +470.63 +1.60%
16:20:01 - Closed. Currency in USD

Posted by Victor Yong > 2020-11-17 05:57 | Report Abuse

Strong booster

Nikkei 225 (N225)
RT-Derived
25,906.93 +521.06 +2.05%

Posted by bonds56 > 2020-11-17 06:33 | Report Abuse

PERMAJU expected to fly today, engine start toward 30 cts.

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

Stronger uptrend is expected :)

Date Close
16/11/2020 0.20
13/11/2020 0.20
12/11/2020 0.19
11/11/2020 0.18
10/11/2020 0.185
09/11/2020 0.175

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

Surging volume in permaju pa/icps :)

Date Range Close Volume
16/11/2020 0.035 - 0.04 0.04 5,867,900
13/11/2020 0.035 - 0.04 0.035 5,195,400
12/11/2020 0.035 - 0.04 0.04 2,629,600
11/11/2020 0.03 - 0.045 0.035 49,952,300
10/11/2020 0.035 - 0.04 0.04 403,300

Posted by Victor Yong > 2020-11-17 07:51 | Report Abuse

Permaju 25-30sen otw :) let’s see e today

Posted by Victor Yong > 2020-11-17 08:08 | Report Abuse

After meridian, now pne hurray!


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, 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.



Please refer to the attachment for details of the announcement.



This announcement is dated 16 November 2020.

Posted by bonds56 > 2020-11-17 08:12 | Report Abuse

Buy PERMAJU WA. Fly faster n higher profit.

Posted by Victor Yong > 2020-11-17 08:15 | Report Abuse

Super rebound is likely


The Dow Jones Industrial Average rose 470.63 points, or 1.6%, to 29,950.44; the S&P 500 gained 41.76 points, or 1.16%, at 3,626.91; and the Nasdaq Composite added 94.84 points, or 0.8%, at 11,924.13.

NEW YORK: The S&P 500 and Dow Jones industrial average notched record closing highs on Monday as news of another promising coronavirus vaccine fanned hopes of eradicating COVID-19, while spiking infections and new shutdowns threatened to hobble a recovery from the pandemic recession.

All three major U.S. stock indexes advanced and with its new closing record, the blue-chip Dow is the last of the three to reclaim levels reached in February, before lockdowns sent the markets into free-fall.

The Russell 2000 also hit an all-time closing high.

Value, cyclical and small cap shares outperformed the broader market.

Posted by Victor Yong > 2020-11-17 08:49 | Report Abuse

Permaju Ordinary shares or permaju pa, more upside potential

Posted by Victor Yong > 2020-11-17 10:20 | Report Abuse

Permaju pa or ordinary shares , be cool n calm :)

Posted by Mikecyc > 2020-11-17 18:17 | Report Abuse

Financial Year Revenue ('000) Net ('000) EPS Report
30 Jun, 2020 74,028 -9,950 -5.32 View
30 Jun, 2019 16,256 6 0.00 View
31 Dec, 2018 81,888 -4,039 -2.27
31 Dec, 2017 69,742 -5,761 -3.08 View
31 Dec, 2016 74,785 -10,821 -5.79 View
31 Dec, 2015 106,325 -6,392 -3.42 View
31 Dec, 2014 141,633 -6,603 -3.53 View
31 Dec, 2013 151,900 -11,039 -5.95 View
31 Dec, 2012 204,839 -10,115 -5.44 View
31 Dec, 2011 190,494 -9,497 -5.07 View
31 Dec, 2010 157,463 -6,690 -3.51 View
31 Dec, 2009 119,160 -1,561 -0.80 View
31 Dec, 2008 155,823 -8,552 -4.40 View
31 Dec, 2007 223,687 -37,383 -18.20 View
31 Dec, 2006 339,243 16,274 7.60 View
31 Dec, 2005 205,107 4,519 2.13 View
31 Dec, 2004 147,073 -3,115 -11.90 View
31 Dec, 2003 84,265 -9,982 -22.18 View
31 Dec, 2002 43,738 -349 -0.78 View

Posted by Mikecyc > 2020-11-17 18:18 |

Post removed.Why?

Posted by Mikecyc > 2020-11-17 18:24 |

Post removed.Why?

Posted by scenery > 2020-11-17 18:35 | Report Abuse

mike, how about AT, good meh? went up how many hundred %, why you no comments there?

Posted by Good123 > 2020-11-17 19:54 | Report Abuse

dulu lain sekarang lain. old founder takda lembaga pengarah lagi

Posted by Good123 > 2020-11-17 19:55 | Report Abuse

usahlah ungkit cerita datuk nenek moyang dulu :)

Posted by Victor Yong > 2020-11-18 07:19 | Report Abuse

PNE PCB Bhd is a Malaysia-based company. The principal activities of the company consist of those relating to the manufacture and sale of printed circuit boards. The product line of the company includes single sided PCB (printed circuit board), double-sided non-plated thru hole PCB, carbon PCB, STH and cupth PCB and others. The company operates its business in Malaysia, Singapore and People’s Republic of China. The majority of the company’s revenue comes from China.

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.

Posted by Good123 > 2020-11-18 07:56 | Report Abuse

With daily share trading volume on Bursa Malaysia having exceeded 10 billion units for about a week, it appears that retail investors are making their way back to the stock market, post-six month blanket loan moratorium.

Posted by Good123 > 2020-11-18 08:37 | Report Abuse

permaju boleh untung semula, dahJual/hentikan bisnes rugi dan. Beli syarikat untung

Posted by Good123 > 2020-11-18 09:03 | Report Abuse

KUALA LUMPUR (Nov 11): PNE PCB Bhd has appointed retired senior police officer Datuk Nik Ismail Yusoff as its chairman, following the resignation of his predecessor Datuk Rosly Abas in July.

In a filing with the bourse, the printed circuit board manufacturer said Nik Ismail had joined the Royal Malaysia Police in 1965 until his retirement on Sept 2, 2001 as deputy commissioner of police (DCP).

He served in various positions in the force including as chief police officer in Terengganu, Kedah and Selangor, as well as the deputy director special branch in Bukit Aman from 1995 to 1997.

Following his retirement from the police force, he was appointed to the boards of several public listed companies and is currently on the board of AT Systematization Bhd, Green Ocean Corp Bhd and AE Multi Holdings as non-executive chairman, as well as Pasukhas Group Bhd as non-executive director.

His predecessor Rosly had resigned as chairman on July 14, with the company citing personal commitments as his reason for leaving.

PNE PCB’s share price closed four sen or 3.92% higher at RM1.06 today, giving it a market capitalisation of RM187.45 million.