AGESON BERHAD

KLSE (MYR): AGES (7145)

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Last Price

0.06

Today's Change

-0.035 (36.84%)

Day's Change

0.06 - 0.09

Trading Volume

2,100,000


34 people like this.

15,219 comment(s). Last comment by N33TCRAZE 3 days ago

Posted by LaabuLaabi > 2020-07-24 11:09 | Report Abuse

That's it...shoot the messenger syndrome again. Why not go after the perp?

Posted by LaabuLaabi > 2020-07-24 11:09 | Report Abuse

Beyond comprehension. Not worth commenting any further.

Kenzo Law

18 posts

Posted by Kenzo Law > 2020-07-24 11:09 | Report Abuse

MCMC has become a tool for selective persecution. Look at your conscience if you have any. Why do you get worked up over the airing? Isnt there truth in it? Or you prefer to hide the truth?

JoelMoss

19 posts

Posted by JoelMoss > 2020-07-24 11:10 | Report Abuse

We could expect nothing else from this AGC so don't bother explaining.

Posted by BoombasticHeng > 2020-07-24 11:13 | Report Abuse

Al Jazeera’s reporting is exposing some deep secrets that embarrassed Governments in Asia and Middle East. No wonder some want to close down the network, as part of the deal to remove the blockage on Qatar.

happylucy

198 posts

Posted by happylucy > 2020-07-24 11:14 | Report Abuse

Good morning!

happylucy

198 posts

Posted by happylucy > 2020-07-24 11:14 | Report Abuse

The MCMC must explain what was the indecent content in the programme. I watched it more than once and it had nothing indecent in it. Who was harassed by the programme? Instead the journalist concerned was harassed and deported from the country. Why is action being taken after 5 years? So if the PH government remained in power, no action would be taken? The MCMC should stay above politics and stop protecting individual politicians. After 63 years of Independence, I find it shocking that the government must still control what we see, read, write and speak. So how are we better than other autocratic states in the world?

Posted by MonsterKill > 2020-07-24 11:16 | Report Abuse

Our new AG is no different from Apandi.

Posted by MonsterKill > 2020-07-24 11:16 | Report Abuse

Common and good sense is officially out of the window!

NashVille

24 posts

Posted by NashVille > 2020-07-24 11:17 | Report Abuse

"it proposed to fine Astro to save the satellite TV provider from being prosecuted in court."

WHy such an intention to "SAVE" a perpetrator of crime by govt agency?

This shows how deep the relationship is between Govt agencies and Privately profitable ventures!

Let ASTRO, which is said to be controlled by Ananda Krishnan prove it in court of it's innocence!

Posted by BoombasticHeng > 2020-07-24 11:18 | Report Abuse

You keep on digging a bigger hole with your detail explanation. Why 4 years and now 5 years to take action on the Murder most foul video? Every item read running off the Al Jazeera racism story just keeps on enhancing a bunch of incompetent people either in the public service or as politicians. Most of the players in this increasing farcical comedy now were also scene stealing all the comedy highlights in BN days.

JoelMoss

19 posts

Posted by JoelMoss > 2020-07-24 11:18 | Report Abuse

There’s no point trying to silence a reputable news media, just send one the politicians or the AG to accept an interview with them and clarify his accusations in an open and healthy way...

Kenzo Law

18 posts

Posted by Kenzo Law > 2020-07-24 11:18 | Report Abuse

Is it really to save astro from being prosecuted in court or is it really to safeguard the government/police force from being exposed in court? Then evidence supporting the case for murder will most likely come to the surface as evidence. That, I think is the dirty underwear the government/police does not want the world to see.

UstazAziz

19 posts

Posted by UstazAziz > 2020-07-24 11:20 | Report Abuse

Salam sejahtera dan selamat pagi kepada semua sahabat dari Ageson!

UstazAziz

19 posts

Posted by UstazAziz > 2020-07-24 11:20 | Report Abuse

Harap semua sudah bersiap sedia!

Posted by LaabuLaabi > 2020-07-24 11:21 | Report Abuse

Sudah siap sedia, tunggu harga saham ni melonjak aje.

Posted by OtakSudahCenter > 2020-07-24 11:22 | Report Abuse

Saudara semua usah risau, semua dah stanby.

Posted by OtakSudahCenter > 2020-07-24 11:23 | Report Abuse

Happi

UstazAziz

19 posts

Posted by UstazAziz > 2020-07-24 11:24 | Report Abuse

Cantik bai

Posted by teareader818 > 2020-07-24 14:43 | Report Abuse

Hurry, hurry, Ageson's sand shipment has to sail out before monsoon arrive.

Jason85

652 posts

Posted by Jason85 > 2020-07-24 14:59 | Report Abuse

Sand well prepared.. stock price also? XD

J.EL

137 posts

Posted by J.EL > 2020-07-24 15:28 | Report Abuse

will dividend make a comeback?

JAMESGK

78 posts

Posted by JAMESGK > 2020-07-24 15:57 | Report Abuse

Waiting for the rocket to shoot up

Chong1116

208 posts

Posted by Chong1116 > 2020-07-24 16:01 | Report Abuse

Suddenly drop to 14 cents.....maybe got bad news.

Posted by ranacinggey > 2020-07-24 17:01 | Report Abuse

MonsterKill --- talk kok la u. talk like shaittt....

Posted by SingInvestor > 2020-07-27 08:46 | Report Abuse

Good morning to all, AGES going to wake up this week???

Posted by MonsterKill > 2020-07-27 11:21 | Report Abuse

Hi pundek ranacinggayboy, if i talk cock, then you put cock in your own mouth! kikiki

NashVille

24 posts

Posted by NashVille > 2020-07-27 11:25 | Report Abuse

Goldman Sachs and Malaysia agree to $3.9 billion settlement over 1MDB scandal
U.S. settlement seen close

NashVille

24 posts

Posted by NashVille > 2020-07-27 11:25 | Report Abuse

KUALA LUMPUR/NEW YORK (Reuters) - Goldman Sachs will pay $3.9 billion to settle Malaysia’s criminal probe over the U.S. investment bank’s role in the multibillion-dollar 1MDB scandal, closing a key front in the multi-jurisdictional investigation that has hung over Goldman.

NashVille

24 posts

Posted by NashVille > 2020-07-27 11:25 | Report Abuse

Goldman Sachs shares rose 0.68% in New York morning trading on the Malaysia news and signals the U.S. Department of Justice could be near closing a similar probe.

A spokesman for the Justice Department declined to comment.

“We view this as positive as GS is closer to removing a key overhang for investors, and this provides added comfort that the total settlement amount should be manageable,” wrote Steven Chubak, an analyst at New York-based Wolfe Research.

NashVille

24 posts

Posted by NashVille > 2020-07-27 11:25 | Report Abuse

“We still do not know how this will impact negotiations with the US regulators, but we expect some relief to be extended to Goldman given DOJ guidance to avoid ‘piling on’,” Chubak wrote.

The deal includes a $2.5 billion cash payout by Goldman and its guarantee to return at least $1.4 billion in proceeds from assets linked to sovereign wealth fund 1Malaysia Development Bhd (1MDB), the two sides said.

In return, Malaysia will drop all criminal charges against the bank, which had pleaded not guilty and consistently denied wrongdoing.

“We are pleased to have reached an agreement in principle with the Government of Malaysia to resolve outstanding charges and claims against Goldman Sachs,” the bank said in a statement. “Today’s settlement is an important step towards putting the 1MDB matter behind us.”

NashVille

24 posts

Posted by NashVille > 2020-07-27 11:25 | Report Abuse

Malaysian and U.S. authorities estimate $4.5 billion was stolen from 1MDB in an elaborate scheme that spanned the globe and implicated high-level officials in the fund, former Malaysian Prime Minister Najib Razak, Goldman staff and others.

Goldman had socked away around $3 billion in reserves for legal matters, more than covering the settlement with Malaysia.

It remained unclear whether the bank has put aside enough cash to cover a potential settlement with the Justice Department, which is reportedly looking at whether the bank violated the U.S. Foreign Corrupt Practices Act. The FCPA bars U.S. companies from paying foreign government officials for help in getting or keeping business.

NashVille

24 posts

Posted by NashVille > 2020-07-27 11:25 | Report Abuse

In recent years, the Justice Department has pledged to take into account parallel settlements when calculating corporate penalties. A source told Reuters in December that Goldman was in talks with the U.S. government and a state regulator to possibly pay up to $2 billion to resolve the investigation.

“If past major foreign corrupt practice cases are a good indicator (which we think they are), the DOJ settlement could wipe out most of the great second quarter they just put up,” wrote Evercore ISI analyst Glenn Schorr on Friday.

NashVille

24 posts

Posted by NashVille > 2020-07-27 11:26 | Report Abuse

MALAYSIA VICTORY
The settlement is the biggest Malaysia has reached so far in its efforts to recover funds allegedly stolen from 1MDB, and is a big victory for the four-month old administration of Malaysian Prime Minister Muhyiddin Yassin.

“We are confident that we are securing more money from Goldman Sachs compared to previous attempts, which were far below expectations,” Finance Minister Tengku Zafrul Aziz said in a statement.

U.S. prosecutors said the money was used to buy artwork, including paintings by Vincent Van Gogh and Claude Monet, luxury properties and to fund the “Wolf of Wall Street” movie.

Goldman helped the fund raise $6.5 billion in two bond offerings, earning itself $600 million in fees, according to the U.S. Justice Department.

NashVille

24 posts

Posted by NashVille > 2020-07-27 11:26 | Report Abuse

Malaysian prosecutors filed charges in December 2018 against three of the bank’s units alleging it misled investors.

Goldman has said that certain members of the former Malaysian government and 1MDB lied to it about how proceeds from the bond sales would be used.

Posted by BoombasticHeng > 2020-07-27 11:29 | Report Abuse

It would be illuminating to have a forensic accounting of the total sum to be ultimately borne by Malaysian taxpayers in the 1MDB saga.

As it is, big numbers are thrown around; this much may be stolen and that much (to be) recovered, but what debts still remain, even after the most optimistic recovery scenario?

You can get investment bank Goldman Sachs to settle, for they have a valuable business to protect, but for the individuals involved, you will have to catch them first or else the loot will be frittered away.

Not much hope resides there, given that certain powerful people may not want them caught at all.

JoelMoss

19 posts

Posted by JoelMoss > 2020-07-27 11:31 | Report Abuse

US$3.9 billion (RM16.6 billion) is a lot of money. But the largest loot remains in the hands of a few individuals. One would not be surprised if these would be lost forever.

Politics, as history tells us, often is unfair to the society that deserves them. It is now the conscience of this government to do the right thing – recover the lost money, close the case and move on.

One has to brave to be hopeful.

Kenzo Law

18 posts

Posted by Kenzo Law > 2020-07-27 11:31 | Report Abuse

How strange. All this time, the BN government under then prime minister Najib Abdul Razak and ruling party Umno had said that there was nothing wrong and nothing missing.

Why then are we continually getting money back in billions?

Posted by LaabuLaabi > 2020-07-27 11:33 | Report Abuse

It is public knowledge that the Pakatan Harapan government and Tommy Thomas initiated the recovery process immediately after he was appointed as the attorney-general (AG) in 2018.

In such negotiations, the fight, in the beginning, is the toughest to establish our legal legitimacy as Goldman Sachs will not so easily agree to pay the money.

So, it will only be fair for Prime Minister Muhyiddin Yassin to also give credit to Harapan and Thomas where it is due, aside from his long list of current Perikatan Nasional (PN) officials.

Constitutional Supremacy: the char ges were filed by Thomas. He thus deserves a salute for a job well done.

The present AG withd rew 46 charges against former Sabah chief minister Musa Aman, totalling almost half a billion ringgit, and the reason was difficulty in proving the charges as the documents are overseas.

Posted by PhantomAssasin > 2020-07-27 11:33 | Report Abuse

Yes, salute to Thomas and the Harapan government for initiating the charges against Goldman Sachs.

Without this brave action, nothing would have happened if BN were to rule and nothing new would have happened after PN took over.

Posted by OtakSudahCenter > 2020-07-27 11:34 | Report Abuse

Kudos to Thomas and his team who filed the claim against the egregious Goldman Sachs.

They nailed the colours to the mast from day one, compared to the former BN ministers who daren't even claim the money from the US Justice of Department (DOJ) after the latter had forfeited Jho Low's money and assets in the US.

Posted by InvestKing888 > 2020-07-27 11:37 | Report Abuse

Great news. So, do we have a crime committed by any Malaysian who colluded with Goldman Sachs? Otherwise, are we saying foreigners can commit financial crimes in Malaysia without any Malaysian involved?

So far, I have not seen any Malaysian convicted. The other question is - if Goldman Sachs is willing to cough up US$3.9 billion to the government, what is the actual amount lost by the government?

Posted by OtakSudahCenter > 2020-07-27 11:37 | Report Abuse

At least Usd 2bil

Posted by PhantomAssasin > 2020-07-27 11:38 | Report Abuse

damn.....

UstazAziz

19 posts

Posted by UstazAziz > 2020-07-27 11:38 | Report Abuse

Former AG Mohamed Apandi Ali didn't want the money, which was why it was not claimed initially.

He believed nothing was lost, no money was stolen and no kleptocrat. Harapan worked on it and this is what we have today.

Credit to the good work of Thomas. We should have kept him as AG.

Posted by LaabuLaabi > 2020-07-27 11:39 | Report Abuse

So, something wrong had indeed taken place right under our noses. Indeed, was anyone from Malaysia involved? Obviously not, from the way Umno and their supporters are behaving.

This is, after all, all the fault of outsiders.

Kenzo Law

18 posts

Posted by Kenzo Law > 2020-07-27 11:40 | Report Abuse

Yet the kleptocrat said he has not stolen any money and is still strutting around like a peacock when all his feathers are gone.

Now this government can enjoy the largeese. Thanks to Harapan for initiating action which the previous government and the hopeless Apandi refused to do.

JoelMoss

19 posts

Posted by JoelMoss > 2020-07-27 11:40 | Report Abuse

This US$3.9 billion claim was started by the Harapan government after the GE14 victory.

This amount of money should not be used by the PN government because of its association with the people who were responsible for the theft of the money in the first place.

The money should not be used by these alleged thieves to buy support for the impending GE. It should be used to pay back the loans raised by Goldman Sachs of US$6.5 billion at very high interest.

The people should not be taxed to pay back these fraudulent loans. Any shortfall in these loan repayments should be recovered from the alleged thieves and their conniving cronies.

happylucy

198 posts

Posted by happylucy > 2020-07-27 11:41 | Report Abuse

Perhaps Goldman Sachs quickly agreed to a US$3.9 billion settlement with the PN government to save themselves from a bigger amount, should a new government be formed.

This money will ‘disappear’ after it is given to the PN government. It is sad that the people who caused the loss of 1MDB will be receiving this compensation.

Posted by BoombasticHeng > 2020-07-27 11:42 | Report Abuse

This one alone (the return of the money) is enough to nail the coffin. Sorry, Najib, the PN did the arrangement to finish you early, compared to, PH, PH was generous and gave you every legal means to defend yourself.

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