Posted by Victor Yong > 2020-06-23 09:00 | Report Abuse

this is a potential project of PRG, better than Picasso :)

http://embayu.com.my/

Posted by Good123 > 2020-06-23 09:36 | Report Abuse

Furniweb HK share price has recovered from 38cents to 62cents :)

Posted by Good123 > 2020-06-23 09:37 | Report Abuse

share price of prg should follow Furniweb HK too

Posted by Good123 > 2020-06-23 09:39 | Report Abuse

the recent disposal of picasso project and Vietnam manufacturing plants in Vietnam should add rm20-30Mil cashflow to the group

Posted by Good123 > 2020-06-23 09:40 | Report Abuse

if buyer is found for the teak woods of the new plantation or cancellation of the purchase , a big jump is expected

Posted by Good123 > 2020-06-23 10:09 | Report Abuse

before lua emerged, without retailing, healthcare and teak wood plantation, Furniweb usually above RM1 :)

Posted by Good123 > 2020-06-23 10:10 | Report Abuse

all these new biz had brought prg to Holland :)

Posted by Good123 > 2020-06-23 10:12 | Report Abuse

lua is lousy in biz :)

Posted by Good123 > 2020-06-23 11:16 | Report Abuse

good news OTW? sudden surge in price

Posted by Good123 > 2020-06-23 11:19 | Report Abuse

buyer for teak wood found? :)

Posted by Good123 > 2020-06-23 11:20 | Report Abuse

buyer for Furniweb HK Found? :)

Posted by Good123 > 2020-06-23 11:20 | Report Abuse

buyer for retailing or healthcare found?

Posted by Victor Yong > 2020-06-23 11:29 | Report Abuse

17.5 Sen to reach first, before breaking 20sen :)


PRG (7168): PRG HOLDINGS BHD - Overview | I3investor


PRG HOLDINGS BHD
Last Price Today's Change
0.155 +0.015 (10.71%)

Board: MAIN
Sector: Consumer
Avg Volume (4 weeks): 2,628,894
4 Weeks Range: 0.14 - 0.185
52 Weeks Range: 0.055 - 1.30
Average Price Target: 1.16
Price Target Upside/Downside: +1.005
PRG Holdings Bhd is in the business of investment holding and the provision of management services. The company segment includes Manufacturing, Property development and construction and Other. The Manufacturing segment engages in the manufacture, sale, and marketing of rubber strips and narrow fabrics, upholstery webbings, covered elastic yarn, rigid webbings, safety webbing, and metal components for the furniture industry, trading and commission agent. The Property development and construction segment are involved in the development and construction of residential and commercial properties. Its Other segment comprises of operations related to investment holding. The company’s manufacturing facilities are located in Malaysia and Vietnam.
Date Close Volume
22/06/2020 0.14 1,029,700
19/06/2020 0.145 2,444,100
18/06/2020 0.15 1,263,100
17/06/2020 0.155 1,213,800
16/06/2020 0.15 1,154,600
15/06/2020 0.15 4,179,500
12/06/2020 0.16 2,270,900
11/06/2020 0.165 2,867,900
10/06/2020 0.175 3,330,500

Posted by Victor Yong > 2020-06-23 11:31 | Report Abuse

But since teakwood is not something that can be produced in a factory, the demand for it in a country like India – just 2.8% of world's land mass, but home to 17.5% of global population – has always outstripped supply.
https://www.thedollarbusiness.com › ...
Teakwood - All hail the king of hardwoods - The Dollar Business

Posted by Victor Yong > 2020-06-23 11:36 | Report Abuse

This proposal has been cancelled. So, whoever wants to control over prg, need to buy the ordinary shares from the open market :)


PRG HOLDINGS BHD

31 Mar 2020

Proposed issuance of up to 249,425,060 free warrants on the basis of one warrant for every two shares held by entitled shareholders on an entitlement date to be determined later.

Posted by Good123 > 2020-06-23 11:39 | Report Abuse

OTW

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PRG HOLDINGS BERHAD ("PRG" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN PRG, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN PRG (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

PRG HOLDINGS BERHAD
TypeAnnouncementSubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISINGDescriptionPRG HOLDINGS BERHAD ("PRG" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN PRG, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN PRG (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

We refer to the announcements made on 3 December 2019, 5 December 2019, 11 December 2019, 14 February 2020, 25 February 2020, 27 February 2020, 5 March 2020, 19 May 2020 and 28 May 2020 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of PRG, TA Securities wishes to announce that Bursa Securities had vide its letter dated 1 June 2020, granted the Company an extension of time until 30 August 2020 to complete the implementation of the Private Placement.

This announcement is dated 2 June 2020.





Announcement Info

Company NamePRG HOLDINGS BERHADStock NamePRGDate Announced02 Jun 2020CategoryGeneral Announcement for PLCReference NumberGA1-02062020-00022

Posted by Good123 > 2020-06-23 11:41 | Report Abuse

share price must go up before private placement. otherwise, cheap sale for new substantial shareholder :)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PRG HOLDINGS BERHAD ("PRG" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN PRG, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN PRG (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

PRG HOLDINGS BERHAD
TypeAnnouncementSubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISINGDescriptionPRG HOLDINGS BERHAD ("PRG" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN PRG, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN PRG (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

We refer to the announcements made on 3 December 2019, 5 December 2019, 11 December 2019, 14 February 2020, 25 February 2020, 27 February 2020, 5 March 2020, 19 May 2020 and 28 May 2020 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of PRG, TA Securities wishes to announce that Bursa Securities had vide its letter dated 1 June 2020, granted the Company an extension of time until 30 August 2020 to complete the implementation of the Private Placement.

This announcement is dated 2 June 2020.





Announcement Info

Company NamePRG HOLDINGS BERHADStock NamePRGDate Announced02 Jun 2020CategoryGeneral Announcement for PLCReference NumberGA1-02062020-00022

Posted by Good123 > 2020-06-23 11:43 | Report Abuse

private placement up to 10% should be at least 25-30sen, if the new shareholder wanted more than 10% stake in prg, he/she could buy in the open market

Posted by Good123 > 2020-06-23 11:45 | Report Abuse

if found buyer for teak wood or plantation from India or China, another crazy price up like recently when prg announced the purchase of the plantation

Posted by Good123 > 2020-06-23 11:46 | Report Abuse

prg share price was exceeded RM1 after the announcement of the plantation buy recently. :)

Posted by Good123 > 2020-06-23 11:48 | Report Abuse

prg share price touched RM1 on 23 September, 2019, few months ago after the plantation news

Posted by Good123 > 2020-06-23 12:17 | Report Abuse

for remembrance :). PRG shares soar on teak tree venture

CORPORATE NEWS

Friday, 20 Sep 2019

Bursa Malaysia

PETALING JAYA: PRG HOLDINGS BHD’s share price has shot up more than 50% in the last one month, following its venture into the teak tree and commercial crops plantation business.

Yesterday, PRG released its circular to shareholders in relation to the proposed acquisition by its wholly owned subsidiary, PRG Agro Sdn Bhd, of two parcels of agriculture land planted with teak trees in Kelantan from Alifya Forestry Sdn Bhd for RM89.2mil.

This will be satisfied by a combination of cash of RM59.2mil and the issuance of 40.3 million new ordinary shares in PRG at an issue price of 74.45 sen each (RM30mil).

From the 59-sen level on Aug 23, PRG’s share price has increased 57% to its current price of 93.5 sen.

Yesterday, PRG closed 2.5 sen higher to 93.5 sen. This is a premium of 25.6% compared to the price of the new shares that will be issued for this acquisition.

The issuance of new shares will see PRG’s share capital increasing from 362.59 million shares to 402.88 million shares. Its paid-up capital will also increase from RM104.89mil to RM134.89mil.

The valuer, Raine

Posted by Good123 > 2020-06-23 12:21 | Report Abuse

so, wait for confirmed buyer for teak wood, another crazy rise in price? :)

Posted by Victor Yong > 2020-06-23 13:24 | Report Abuse

after 8%+ stake in prg traded via direct deal last friday, wanted more prg shares, only via open market if other substantial shareholders are not willing to sell :)

expecting more actions in the 2nd session today

History-direct biz transaction
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
19/06/2020 00:00:00 0.1450 -0.0050 35.437m 35.437m 5.138m 5.138m 0.1450 8.4806 -

Posted by Good123 > 2020-06-23 13:27 | Report Abuse

What is Malaysian teak wood?

In Malaysia, Teak has been identified as suitable timber species for commercial production. It is moderately hard, easily worked and durable. The natural appearance of the Malaysian Teak wood lends itself to simple

Posted by Victor Yong > 2020-06-23 13:37 | Report Abuse

Pitiful company. wild movement in share price within few months :)



Summary from 14/01/2009 to 19/06/2020 (Direct Biz Transactions since IPO)


Highest Price 1.2000 First Occurred on 30/09/2019

Lowest Price 0.1200 First Occurred on 19/03/2020

Posted by Victor Yong > 2020-06-23 13:43 | Report Abuse

PRGH Historical Data

Time Frame:
Weekly

06/25/2019 - 06/23/2020


Date

Price

Open

High

Low

Vol.

Change %


Jun 21, 2020 0.150 0.145 0.160 0.140 1.03M 3.45%
Jun 14, 2020 0.145 0.160 0.160 0.140 10.26M -9.38%
Jun 07, 2020 0.160 0.170 0.185 0.150 12.80M -5.88%
May 31, 2020 0.170 0.165 0.180 0.150 14.89M 0.00%
May 24, 2020 0.170 0.170 0.180 0.165 8.34M 0.00%
May 17, 2020 0.170 0.185 0.190 0.170 12.96M -8.11%
May 10, 2020 0.185 0.185 0.195 0.170 14.75M -2.63%
May 03, 2020 0.190 0.185 0.190 0.180 8.53M 2.70%
Apr 26, 2020 0.185 0.185 0.205 0.180 17.24M 0.00%
Apr 19, 2020 0.185 0.190 0.210 0.185 30.47M 0.00%
Apr 12, 2020 0.185 0.195 0.200 0.175 18.01M -2.63%
Apr 05, 2020 0.190 0.205 0.225 0.170 64.05M -7.32%
Mar 29, 2020 0.205 0.220 0.245 0.200 65.94M -6.82%
Mar 22, 2020 0.220 0.075 0.300 0.075 116.81M 175.00%
Mar 15, 2020 0.080 0.560 0.565 0.055 115.65M -85.45%
Mar 08, 2020 0.550 0.560 0.575 0.540 9.05M -3.51%
Mar 01, 2020 0.570 0.550 0.575 0.535 4.38M 1.79%
Feb 23, 2020 0.560 0.585 0.585 0.550 2.77M -5.88%
Feb 16, 2020 0.595 0.595 0.615 0.575 2.72M 0.00%
Feb 09, 2020 0.595 0.560 0.650 0.550 6.56M 6.25%
Feb 02, 2020 0.560 0.555 0.560 0.530 2.35M 0.00%
Jan 26, 2020 0.560 0.540 0.565 0.535 1.20M -0.88%
Jan 19, 2020 0.565 0.565 0.585 0.530 749.80K 0.00%
Jan 12, 2020 0.565 0.580 0.595 0.550 2.87M -4.24%
Jan 05, 2020 0.590 0.605 0.615 0.575 776.20K -2.48%
Dec 29, 2019 0.605 0.575 0.630 0.570 1.85M 4.31%
Dec 22, 2019 0.580 0.580 0.590 0.565 989.20K -1.69%
Dec 15, 2019 0.590 0.610 0.615 0.575 1.57M -4.07%
Dec 08, 2019 0.615 0.615 0.625 0.605 894.50K -1.60%
Dec 01, 2019 0.625 0.620 0.655 0.600 3.82M 0.00%
Nov 24, 2019 0.625 0.690 0.740 0.590 7.46M -9.42%
Nov 17, 2019 0.690 0.585 0.705 0.550 9.29M 17.95%
Nov 10, 2019 0.585 0.625 0.625 0.565 9.21M -4.88%
Nov 03, 2019 0.615 0.630 0.650 0.600 12.11M -6.82%
Oct 27, 2019 0.660 0.765 0.765 0.620 19.48M -13.73%
Oct 20, 2019 0.765 0.840 0.875 0.760 20.23M -9.47%
Oct 13, 2019 0.845 0.810 1.060 0.805 49.67M 7.64%
Oct 06, 2019 0.785 0.980 1.000 0.755 19.26M -19.90%
Sep 29, 2019 0.980 1.160 1.160 0.910 30.68M -18.33%
Sep 22, 2019 1.200 1.000 1.300 0.955 52.11M 21.21%
Sep 15, 2019 0.990 0.880 0.990 0.880 10.64M 12.50%
Sep 08, 2019 0.880 0.750 0.890 0.745 9.21M 20.55%
Sep 01, 2019 0.730 0.610 0.740 0.610 4.50M 19.67%
Aug 25, 2019 0.610 0.585 0.640 0.585 2.48M 4.27%
Aug 18, 2019 0.585 0.585 0.600 0.575 694.50K 0.00%
Aug 11, 2019 0.585 0.600 0.605 0.575 624.00K -3.31%
Aug 04, 2019 0.605 0.580 0.630 0.570 913.20K 2.54%
Jul 28, 2019 0.590 0.580 0.625 0.565 845.90K 1.72%
Jul 21, 2019 0.580 0.590 0.625 0.570 674.00K -6.45%
Jul 14, 2019 0.620 0.630 0.630 0.605 331.20K -3.12%
Jul 07, 2019 0.640 0.660 0.675 0.615 314.20K -4.48%
Jun 30, 2019 0.670 0.725 0.730 0.660 1.04M -6.94%

Highest: 1.300 Lowest: 0.055 Difference: 1.245 Average: 0.522 Change %: -79.167

Posted by Good123 > 2020-06-23 14:07 | Report Abuse

the fall in march was extreme and not recovered till now., from 55-57sen in march and about 15sen now. in march, people were afraid of MCO indefinitely. now, it is more certain, etc. :)

Posted by Good123 > 2020-06-23 14:38 | Report Abuse

I think lua has no money to take the private placement. probably, a new shareholder will emerge

Posted by Good123 > 2020-06-23 14:40 | Report Abuse

place the shares to teak wood furniture maker from India or China. prg share price will go up fast again

Posted by Good123 > 2020-06-23 14:42 | Report Abuse

can approach Kendall for the private placement which had just sold its stake in GP :)

Posted by Victor Yong > 2020-06-23 14:52 | Report Abuse

I think lua and wee need money, selling prg shares in March and April only. MCO caused hardship to them probably. Before March or MCO, Lua was buying prg shares non-stop.

Agreed, a new cash rich shareholder could emerge either via direct biz transaction or private placement, hold your breath.

DATO' WEE CHENG KWAN 20-Apr-2020 Disposed 4,075,380 0.196 View Detail
DATO' WEE CHENG KWAN 17-Apr-2020 Disposed 1,520,500 0.189 View Detail
DATO' LUA CHOON HANN 25-Mar-2020 Disposed 1,200,000 0.150 View Detail
DATO' LUA CHOON HANN 24-Mar-2020 Disposed 2,000,000 0.095 View Detail
DATO' LUA CHOON HANN 20-Mar-2020 Disposed 12,182,000 0.080 View Detail
DATO' LUA CHOON HANN 20-Mar-2020 Disposed 7,000,000 0.077 View Detail
DATO' LUA CHOON HANN 20-Mar-2020 Disposed 4,800,000 0.080 View Detail
DATO' LUA CHOON HANN 20-Mar-2020 Disposed 3,196,000 - View Detail
DATO' LUA CHOON HANN 20-Mar-2020 Disposed 2,473,200 0.080 View Detail
DATO' WEE CHENG KWAN 20-Mar-2020 Disposed 4,260,000 0.080 View Detail
DATO' WEE CHENG KWAN 20-Mar-2020 Disposed 4,000,000 0.080 View Detail
DATO' WEE CHENG KWAN 20-Mar-2020 Disposed 3,376,000 0.080 View Detail
DATO' WEE CHENG KWAN 20-Mar-2020 Disposed 2,410,000 0.080 View Detail
DATO' LUA CHOON HANN 19-Mar-2020 Disposed 3,754,200 0.086 View Detail
DATO' LUA CHOON HANN 19-Mar-2020 Disposed 2,030,000 0.081 View Detail
DATO' WEE CHENG KWAN 19-Mar-2020 Disposed 3,855,320 0.082 View Detail
DATO' WEE CHENG KWAN 19-Mar-2020 Disposed 2,858,200 0.078 View Detail
DATO' WEE CHENG KWAN 19-Mar-2020 Disposed 2,000,000 0.064 View Detail
DATO' LUA CHOON HANN 18-Mar-2020 Disposed 2,453,200 0.181 View Detail
DATO' WEE CHENG KWAN 18-Mar-2020 Disposed 2,400,000 0.118 View Detail
DATO' WEE CHENG KWAN 18-Mar-2020 Disposed 1,900,000 0.111 View Detail
DATO' WEE CHENG KWAN 18-Mar-2020 Disposed 40,000 0.205 View Detail
DATO' LUA CHOON HANN 27-Feb-2020 Transferred 692,200 - View Detail
DATO' LUA CHOON HANN 27-Feb-2020 Transferred 547,000 - View Detail
DATO' LUA CHOON HANN 27-Feb-2020 Transferred 145,200 - View Detail
DATO' LUA CHOON HANN 17-Jan-2020 Acquired 16,500 0.560 View Detail
DATO' LUA CHOON HANN 17-Jan-2020 Acquired 2,500 0.561 View Detail
DATO' LUA CHOON HANN 17-Jan-2020 Transferred 850,000 - View Detail
DATO' LUA CHOON HANN 17-Jan-2020 Transferred 450,000 - View Detail
DATO' LUA CHOON HANN 17-Jan-2020 Transferred 200,000 - View Detail
DATO' LUA CHOON HANN 16-Jan-2020 Acquired 49,000 0.574 View Detail
DATO' LUA CHOON HANN 15-Jan-2020 Acquired 42,800 0.583 View Detail
DATO' LUA CHOON HANN 14-Jan-2020 Acquired 7,700 0.584 View Detail
DATO' LUA CHOON HANN 13-Jan-2020 Acquired 22,500 0.577 View Detail
DATO' LUA CHOON HANN 10-Jan-2020 Acquired 25,100 0.582 View Detail
DATO' LUA CHOON HANN 09-Jan-2020 Acquired 5,000 0.591 View Detail
DATO' LUA CHOON HANN 08-Jan-2020 Acquired 7,000 0.592 View Detail
DATO' LUA CHOON HANN 07-Jan-2020 Acquired 6,500 0.595 View Detail
DATO' LUA CHOON HANN 31-Dec-2019 Acquired 16,000 0.592 View Detail
DATO' LUA CHOON HANN 30-Dec-2019 Acquired 53,500 0.577 View Detail
DATO' LUA CHOON HANN 30-Dec-2019 Transferred 300,000 - View Detail
DATO' LUA CHOON HANN 26-Dec-2019 Transferred 50,000 - View Detail
DATO' LUA CHOON HANN 20-Dec-2019 Acquired 13,000 0.587 View Detail
DATO' LUA CHOON HANN 19-Dec-2019 Acquired 3,000 0.585 View Detail
DATO' LUA CHOON HANN 18-Dec-2019 Acquired 10,000 0.586 View Detail
DATO' LUA CHOON HANN 17-Dec-2019 Acquired 15,000 0.593 View Detail
DATO' LUA CHOON HANN 27-Nov-2019 Acquired 10,800 0.645 View Detail
DATO' LUA CHOON HANN 25-Nov-2019 Acquired 5,000 0.684 View Detail
DATO' LUA CHOON HANN 22-Nov-2019 Acquired 59,200 0.580 View Detail
DATO' LUA CHOON HANN 21-Nov-2019 Acquired 130,200 0.572

Posted by Victor Yong > 2020-06-23 14:54 | Report Abuse

This cash rich shareholder acquired more prg shares in March 2020 when others were fearful :)

[PRG] Change In Substantial Shareholder's Shareholding - MR NG YAN CHENG on 23-Mar-2020
Stock [PRG]: PRG HOLDINGS BHD
Announcement Date 23-Mar-2020
Substantial Shareholder's Particular:
Name MR NG YAN CHENG
Details of Changes:
Currency -
Date of Change Type Number of Shares
23-Mar-2020 Acquired 28,987,000
Registered Name N YAN CHENG
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Acquisition of 28,987,000 shares (%: 6.99) in open market
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 0
Indirect (%) 0.00
Total (units) 58,753,200
Total (%) 0.00
Date of Notice 23-Mar-2020

Posted by Good123 > 2020-06-23 15:06 | Report Abuse

@Gary You commented elsewhere. hope it is true :)

The Board will die die go through the warrant and debts settlement... Extended the AGM from June to August just to buy enough time to collect enough share in the market to go through.

Posted by Good123 > 2020-06-23 15:24 | Report Abuse

lua only holds about 20% stake in prg. he could not control prg unless he up his stake to around 40%, a more comfortable level :)

Posted by Good123 > 2020-06-23 15:26 | Report Abuse

lua wanted to convert his advance to prg into prg shares at ~18sen but rejected plus free Warrants for all shareholders also rejected. now, no choice, must get ordinary shares :)

Posted by pts2222 > 2020-06-24 07:53 | Report Abuse

红军不怕远征难，
万水千山只等闲。
五岭逶迤腾细浪，
乌蒙磅礴走泥丸。
金沙水拍云崖暖，
大渡桥横铁索寒。
更喜岷山千里雪，
三军过后尽开颜。

Posted by Victor Yong > 2020-06-24 08:35 | Report Abuse

After disposing Picasso with a net profit of RM7mil+ plus selling Vietnam company with low margin products, some cash inflows + reduced gearing for prg. Hope to see buyer found for teak woods :)

Posted by Victor Yong > 2020-06-24 08:36 | Report Abuse

Yesterday, sudden surge in volume & price, continue today? :)

Posted by Good123 > 2020-06-24 08:45 | Report Abuse

private placement at 18sen recently :) Additional Listing Announcement /Subdivision of Shares

PRG HOLDINGS BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ?NoTypes of corporate proposalPrivate PlacementDetails of corporate proposalPRIVATE PLACEMENT OF NEW ORDINARY SHARES IN PRG, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN PRG (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")No. of shares issued under this corporate proposal2,727,800Issue price per share ($$)Malaysian Ringgit (MYR)   0.1833Par Value($$) (if applicable)Malaysian Ringgit (MYR)   0.000

Latest issued share capital after the above corporate proposal in the following

Units417,857,221Issued Share Capital ($$)Malaysian Ringgit (MYR) 142,474,931.260Listing Date29 May 2020


Remarks :The 2,727,800 PRG Shares were allotted and issued pursuant to the Private Placement that was announced on 3 December 2019.


Announcement Info

Company NamePRG HOLDINGS BERHADStock NamePRGDate Announced28 May 2020CategoryAdditional Listing Announcement /Subdivision of SharesReference NumberALA-28052020-00007

Posted by Good123 > 2020-06-24 08:46 | Report Abuse

AGM is OTW. GENERAL MEETINGS: Notice of Meeting

PRG HOLDINGS BERHAD
Type of MeetingGeneralIndicatorNotice of MeetingDescriptionNotice of Nineteenth Annual General MeetingDate of Meeting29 Jun 2020Time10:00 AM


Venue(s)Arista, Level 3, Hotel Armada Petaling Jaya
Lot 6, Lorong Utara C, Section 52
46200 Petaling Jaya
Selangor Darul Ehsan
Malaysia


Date of General Meeting Record of Depositors23 Jun 2020


Resolutions


1. For Information

DescriptionTo receive the Audited Financial Statements for the financial year ended 31 December 2019 together with the Directors and Auditors Reports thereonShareholder’s ActionFor Information Only

2. Ordinary Resolution 1

DescriptionTo approve the payment of Directors' fees and benefits payable to the Non-Executive Directors up to RM314,000 from 30 June 2020 until the next AGM of the CompanyShareholder’s ActionFor Voting

3. Ordinary Resolution 2

DescriptionTo re-elect Dato' Wee Cheng Kwan who retires in accordance with Article 92 of the Company's ConstitutionShareholder’s ActionFor Voting

4. Ordinary Resolution 3

DescriptionTo re-elect Mr Lim Chee Hoong who retires in accordance with Article 92 of the Company's ConstitutionShareholder’s ActionFor Voting

5. Ordinary Resolution 4

DescriptionTo re-elect Mr Ng Tzee Penn who retires in accordance with Article 99 of the Company's ConstitutionShareholder’s ActionFor Voting

6. Ordinary Resolution 5

DescriptionTo re-elect Mr Ji Haitao who retires in accordance with Article 99 of the Company's ConstitutionShareholder’s ActionFor Voting

7. Ordinary Resolution 6

DescriptionTo re-appoint BDO PLT as the Company's Auditors and to authorise the Directors to fix their remunerationShareholder’s ActionFor Voting

8. Ordinary Resolution 7

DescriptionTo retain Mr Lim Chee Hoong as Independent Non-Executive DirectorShareholder’s ActionFor Voting

9. Ordinary Resolution 8

DescriptionAuthority for the Directors to issue sharesShareholder’s ActionFor Voting


Please refer attachment below.

Attachments

PRG Holdings Berhad - Notice of 19th AGM.pdf
42.3 kB



Announcement Info

Company NamePRG HOLDINGS BERHADStock NamePRGDate Announced28 May 2020CategoryGeneral MeetingReference NumberGMA-28052020-00015Corporate Action IDMY200528MEET0013

Posted by Good123 > 2020-06-24 08:51 | Report Abuse

OTHERS PRG HOLDINGS BERHAD ("THE COMPANY") Announcement by Furniweb Holdings Limited - Notice of Annual General Meeting - Annual Report 2019 - First Quarterly Results Announcement for the Three Months Ended 31 March 2020

PRG HOLDINGS BERHAD
TypeAnnouncementSubjectOTHERS
DescriptionPRG HOLDINGS BERHAD ("THE COMPANY") Announcement by Furniweb Holdings Limited - Notice of Annual General Meeting - Annual Report 2019 - First Quarterly Results Announcement for the Three Months Ended 31 March 2020

Furniweb Holdings Limited ("Furniweb"), a 54.19% owned subsidiary of the Company listed on the GEM of The Stock Exchange of Hong Kong Limited ("HKEX"), had on 14 May 2020 released the following announcements to The HKEX:- (a) The Annual General Meeting ("AGM") of Furniweb will be held on 24 June 2020 at 10.00 a.m.. A copy of the Notice of AGM and Annual Report 2019 of Furniweb can be downloaded from the website of the HKEX at https://www1.hkexnews.hk/; and (b) The First Quarterly Results Announcement for the Three Months Ended 31 March 2020 ("Results"). Please refer to the attachement for further details of the Results.

 




Please refer attachment below.

Attachments

Furniweb - First Quarterly Results Announcement.pdf
172.1 kB


Announcement Info

Company NamePRG HOLDINGS BERHADStock NamePRGDate Announced15 May 2020CategoryGeneral Announcement for PLCReference NumberGA1-15052020-00006

Posted by Victor Yong > 2020-06-24 08:54 | Report Abuse

Q1,2020 of Furniweb HK a subsi of PRG reported profit. PRG should improve in its share price.



Unaudited Condensed Consolidated Statement of Profit or Loss and
Other Comprehensive Income
FOR THE THREE MONTHS ENDED 31 MARCH 2020
Three months ended
31 March
2020 2019
(Unaudited) (Unaudited)
Notes RM’000 RM’000
Revenue 4 25,464 23,627
Cost of sales (17,739) (18,671)
Gross profit 7,725 4,956
Other income/(expenses), net 5 3,594 (153)
Selling and distribution costs (2,371) (594)
Administrative expenses (5,188) (4,828)
Interest income 56 114
Finance costs 6 (523) (247)
Share of profit of a joint venture, net of tax 67 38
Share of loss of associates, net of tax (296) (196)
Profit/(Loss) before income tax expense 7 3,064 (910)
Income tax expense 8 (371) (330)
Profit/(Loss) for the period 2,693 (1,240)

Posted by Victor Yong > 2020-06-24 08:56 | Report Abuse

prg will report an improved Q1, 2020 probably. Furniweb HK, a subsidiary of prg reported a profitable Q1, 2020 :)

Posted by Good123 > 2020-06-24 09:16 | Report Abuse

lua holds about 20% stake in prg only. he advanced about rm9mil to prg and wanted to convert it into prg shares at ~18sen but rejected. he might buy more prg shares :)

Posted by Good123 > 2020-06-24 09:18 | Report Abuse

in march, lua fold some prg shares. maybe, he thought he could get a lot of prg shares later through debts conversion plus free Warrants. now semua ditolak

Posted by Good123 > 2020-06-24 10:11 | Report Abuse

Furniweb HK included retail biz still showing profit in Q1, 2020 :)

Posted by Good123 > 2020-06-24 10:13 | Report Abuse

PRG includes Furniweb HK, prop development, teak wood plantation

Posted by Good123 > 2020-06-24 11:38 | Report Abuse

prg could report a marginal profit for Q1,2020. hope it will happen

Posted by Good123 > 2020-06-24 11:41 | Report Abuse

the worst is over for prg. luxury Picasso project disposed off in may 2020, unprofitable factories sold. Furniweb HK already profitable. gearing is further in Q2, 2020