PROGRESSIVE IMPACT CORPORATION

KLSE (MYR): PICORP (7201)

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3,460 comment(s). Last comment by Sword 2 weeks ago

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:46 | Report Abuse

3. ROLES AND RESPONSIBILITIES
3.1 Board
The Board provides leadership and vision in shaping corporate strategies,
championing good governance and ethical practices and ensures the effective
execution of these strategies, to enhance the shareholders’ value and ensure the longterm sustainable development and growth of the Group.
The Board assumes, amongst others, the following duties and responsibilities:-
(a) together with Senior Management, promote good corporate governance culture
within the Group which reinforces ethical, prudent and professional behaviour
(b) review, challenge and decide on Senior Management’s proposals for the Group,
and monitor its implementation by Senior Management
(c) ensure that the strategic plan of the Group supports long-term value creation
and includes strategies on economic, environmental and social considerations
underpinning sustainability
(d) supervise and assess management performance to determine whether the
Group’s businesses are being properly managed
(e) ensure there is a sound framework for internal controls and risk management;
(f) understand the principal risks of the Group’s businesses and recognise that
business decisions involve the taking of appropriate risks
(g) set the risk appetite within which the Board expects Senior Management to
operate and ensure that there is an appropriate risk management framework to
identify, analyse, evaluate, manage and monitor significant financial and nonfinancial risks
(h) ensure that Senior Management has the necessary skills and experience, and
there are measures in place to provide for the orderly succession of board and
Senior Management
(i) ensure that the Group has in place procedures to enable effective
communication with stakeholders
(j) ensure that all its Directors are able to understand financial statements and form
a view on the information presented
(k) ensure the integrity of the Group’s financial and non-financial reporting.
3.2 Chairman
The Chairman carries out a leadership role in conduct of the Board and its relations
with the shareholders and stakeholders. The Chairman is responsible for:-
(a) providing leadership for the Board so that the Board can discharge its
responsibilities effectively
(b) leading the Board in the adoption and implementation of good corporate
governance practices in the Company
(c) setting the board agenda and ensuring that Directors receive complete and
accurate information in a timely manner
(d) leading board meetings and discussions, stimulating debates on issues and
encouraging contributions from each Board member
(e) encouraging active participation and allowing dissenting views to be freely
expressed
(f) managing the interface between Board and Senior Management
(g) ensuring appropriate steps are taken to provide effective communication with
stakeholders and that their views are communicated to the Board as a whole
(h) maintaining regular dialogues with the Executive Directors in respect of all
material matters affecting the Group and consulting other Board members
promptly when considered appropriate

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:46 | Report Abuse

(i) being accessible to the Executive Directors between Board meetings to provide
counsel and advice
(j) together with the Executive Directors, where appropriate, represent the Group
to shareholders, customers, suppliers, regulatory and governmental authorities,
external stakeholders and the community
(k) ensuring compliance with all relevant regulations and legislations, and
(l) presiding over the Board and general meetings of the Company.
The Chairman should allow every board resolution to be voted on and ensure the will
of the majority prevails. In determining policy matters, the Chairman should ensure
that the following are carried out:-
(a) all Directors are properly briefed on issues arising at Board meetings and
(b) there is sufficient time allowed for discussion on complex or contentious issues
and where appropriate, arrange informal meetings beforehand for thorough
preparation.
3.3 Executive Directors
The Board has delegated to the Executive Directors, the authority to manage the dayto-day affairs of the Company and the authority to control the affairs of the Company
in relation to all matters other than those matters that are reserved for the Board in this
Board Charter.
The Executive Directors have the authority to sub-delegate such authority and power
to Senior Management as they may determine from time to time for the effective
management and performance of the Group.
The key responsibilities of the Executive Directors include:-
(a) developing and recommending to the Board the strategic business plans, annual
operating plans and budgets that support the Group’s short-term and long-term
strategies
(b) overseeing the day-to-day operations of the Group and implementing the
strategies, plans, budgets and policies approved by the Board
(c) developing and maintaining the Group's risk management systems and
ensuring the Group is operating within the risk appetite set by the Board
(d) monitoring the performance of the Group against the performance and
sustainability targets and report to the Board
(e) providing executive leadership to Senior Management
(f) driving strategic management of material sustainability matters together with
Senior Management
(g) ensuring effective internal controls and legal compliance, and governance
measures are deployed
(h) ensuring the Board is given timely and accurate information so that the Board
can discharge its responsibilities effectively
(i) acting as a liaison between the Board and Senior Management
(j) setting the tone in providing ethical leadership, and
(k) acting within the specific authorities delegated by the Board and ensuring the
limits of authority set by the Board are observed.

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:47 | Report Abuse

3.4 Individual Directors

Individual Directors shall:-
(a) demonstrate financial literacy required for a proper understanding of the Group’s
activities and associated risks and maintain a sound understanding of the
business and keep abreast of relevant developments to ensure they are able to
discharge their duties and responsibilities effectively
(b) read the financial statement of the Company and carefully consider whether
what they disclose is consistent with their own knowledge of the Company’s
affairs
(c) exercise reasonable care, skill and diligence that commensurate with their
respective knowledge, area of expertise and experience when carrying out their
duties
(d) objectively discharge their duties and responsibilities, and exercise their powers
for a proper purpose as fiduciaries in the interests of the Company
(e) act with integrity, lead by example
(f) devote time to prepare for and attend Board and Board Committee and general
meetings
(g) not make use of any information acquired by virtue of their position to gain
directly or indirectly an improper advantage for themselves or for any other
person or to cause detriment to the Company, and
(h) avoid conflicts of interest and shall as soon as practicable after the relevant facts
have come to their knowledge, declare the nature of their interest at a meeting
of the Directors of the Company. Each Director shall give notice to the Company
of such events and matters relating to him/her as may be necessary or expedient
to enable the Company and its officers to comply with the requirements of the
Act.
3.5 Independent Directors

The Independent Directors shall provide independent judgment and objectivity without
being subordinated to operational considerations. The Independent Directors help to
ensure that the interests of all shareholders, not only the interests of a particular group,
and all relevant matters and issues are objectively and impartially considered by the
Board.
The roles of an Independent Director, amongst others, are as follows:-

(a) provide objective and independent judgement on issues to ensure that the
interests of the Company, shareholders and stakeholders are well taken into
account
(b) mitigate any potential conflict of interest that may arise in the governance of the
Group
(c) monitor the areas of discussion, notably those where potential conflicts of
interest may arise, and
(d) provide a check and balance to the Board.

An Independent Director must immediately disclose to the Board in the event of any
change in his/her circumstances that may affect his/her objectivity and/or status as an
Independent Director. In such case, the Board must review the Director’s designation
as an Independent Director.

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:53 | Report Abuse

3.6 Senior Independent Non-Executive Director

The Board may appoint a Senior Independent Non-Executive Director. The Senior
Independent Non-Executive Director shall:-
(a) act a sounding board for the Chairman
(b) act as an intermediary for other Directors when necessary, and
(c) be the point of contact for shareholders and other stakeholders.
3.7 Senior Management
Senior Management’s role and responsibilities include the following:-
(a) together with the Executive Directors, formulate the corporate strategy for the
Board’s approval. Once approved, implement it accordingly
(b) assume day-to-day responsibility for the Company’s conformance with relevant
laws and regulations and its compliance framework
(c) achieve the performance targets set by the Board
(d) formulate, implement and update the Group’s standard operating policies and
procedures
(e) be alert to relevant trends in the Group’s industries and operating environment;
(f) drive strategic management of material sustainability matters
(g) develop, implement and manage the Group’s risk management and internal
control frameworks, and
(h) provide accurate, timely and clear information to the Board to enable the Board
to effectively perform its responsibilities.
4. MATTERS RESERVED FOR THE BOARD
Other than those statutorily and regulatory required and the powers accorded under the
Constitution, the following are matters reserved for Board deliberation and decision (nonexhaustive):-
Leadership
and Strategy
• Vision, mission, values and ethical standards.
• Strategies, business plans, annual operating and capital
expenditure budgets and any subsequent material changes to
strategic direction or material deviations to the approved plans and
budgets.
• Sustainability strategies, priorities and targets.
• Corporate exercises and other arrangements or commitments that
may have a material impact on the Group.
• Commencement or settlement of litigations that may have a material
impact on the Group.
• New business ventures or activities and cessation of any of the
Group’s material business or operations.
Capital and
Structure
• Changes to the Company’s share capital such as issuance of new
shares or securities, share buybacks, treatment of treasury shares,
reduction of capital etc.
• Changes to the Group’s corporate structure such as acquisitions
and divestments, disposals, dissolution of subsidiaries etc.

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:53 | Report Abuse

Financial and
Risk
Management
• The Company’s audited financial statements and interim/quarterly
financial reports.
• Dividend policy, interim or final dividends of the Company.
• Borrowings, financing arrangements and fund-raising exercises of
the Group.
• Any significant change in the accounting policies of the Group.
• Treasury policies, limits of authority, provision of guarantee and
creation or issuance of debentures, mortgages, charges or
securities etc. over the Group’s assets.
• Related party transactions of the Group.
• Risk appetite within which the Board expects Senior Management
to operate.
• Policies, frameworks and procedures governing compliance, risk
oversight and management to identify, analyse, evaluate, manage
and monitor significant financial and non-financial risks.
• Change in financial year end.
Human
Capital
• Appointment, re-election, resignation and termination of Directors of
the Company.
• Formation of the Company’s Board Committees, appointment of
members of Board Committees.
• Evaluation of the Board and Board Committees.
• Succession planning for the Board and Senior Management.
• Appointment and termination of Senior Management executives,
their remuneration packages and compensation schemes.
• Long term or share incentive plans for the employees of the Group
and any changes thereto.
Stakeholders • Policies regulating the Company's relations with its primary
stakeholders and the significant issues arising from these
relationships.
Statutory,
Regulatory
and
Administrative
Matters
• Amendments to the Constitution and the Terms of Reference of
Board Committees of the Company.
• Appointment, re-appointment of removal of the external auditors of
the Company to be put to the shareholders.
• Appointment and removal of the Company Secretaries.
• Issuance of circulars and notices to the shareholders of the
Company.
5. BOARD COMMITTEES
5.1 The Board may from time to time establish Board Committees as it may consider
appropriate to assist in carrying out its duties and responsibilities. Where a Board
Committee is formed, specific terms of reference of the Board Committee shall be
established in writing to cover matters such as the purpose, composition and functions
of the Board Committee.
5.2 The following Board Committees have been established to assist the Board in the
discharge of its duties and responsibilities:-

(a) Audit Committee
(b) Nomination Committee
(c) Remuneration Committee, and
(d) Board Risk Management Committee.
5.3 The Board Committees are authorised by the Board to deal with and deliberate on
matters delegated to them within their terms of reference. The Chairman of the
respective Board Committees shall report and update the Board on significant issues
and concerns discussed and where appropriate, make the necessary
recommendations to the Board.

BILLC

2,042 posts

Posted by BILLC > 2023-06-09 15:54 | Report Abuse

Better wait for 4 Sen when you see good234 counters,,,,

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:54 | Report Abuse

5.4 The Board is collectively and ultimately responsible for making any decisions after
having received recommendations from the Board Committee. The Board shall not
delegate matters to a Board Committee to an extent that would significantly hinder or
reduce the Board’s ability to discharge its functions.
6. BOARD MEETINGS
6.1 The proceedings of Board meetings shall be in accordance with the Constitution of
the Company.
6.2 Board meetings shall conduct at least four (4) times on a quarterly basis in each
financial year, with additional meetings to be convened as and when necessary. The
Company Secretary shall in advance prepare and distribute to all Directors a timetable
for the meetings for the year.
6.3 Each Director is required to attend at least fifty per cent (50%) of the total Board
meetings held in a financial year. A Director shall vacate office if he/she absent for
more than 50% of the total Board meetings held during the financial year.
6.4 The notice of a Directors’ meeting shall be given in writing at least five (5) business
days, or shorter period where it is unavoidable, prior to the meeting. The Chairman,
in conjunction with Senior Management and the Company Secretary, shall undertake
the primary responsibility for preparing the Board’s agenda. The agenda shall include,
amongst other things, matters specifically reserved for the Board’s decision, highpriority strategic issues and where required, operational issues.
6.5 To allow sufficient time for Directors to consider the relevant information, Board
papers together with the materials required for the meeting are to be circulated at
least five (5) business days, or a shorter period where unavoidable, prior to the
meeting. Where there is a need to table a report, a brief statement of findings and/or
recommendations is prepared by Management.
6.6 Each Director will, prior to attending the meetings, review all materials provided by
the Company relating to matters to be considered at the meetings.
6.7 Senior Management and external advisers may be invited to attend Board meetings
to provide additional insights and professional views, advice and explanations on
specific items on the meeting agenda.
6.8 The Chairman shall ensure that there is enough time for discussion. The Board shall
record its deliberation, in terms of the issues discussed, and the conclusions thereof,
in discharging its duties and responsibilities.
6.9 Minutes are prepared following a Board meeting and are circulated in draft form. The
draft minutes will be re-circulated with the Board papers in readiness for signing at
the following meeting. The practice is for minutes to record processes and decisions
rather than a historical narrative of the discussion or concluding remarks of final
decisions made. If one or more Directors request their opinion to be noted, the
Company Secretary shall comply with the request. If any Director holds dissenting
views to those of any of the other Directors on a matter discussed at a Board meeting,
the Board minutes will be clearly reflected, including the rationale for the conflicting
view.
6.10 The board minutes of each Board meeting shall be kept at the Registered Office of
the Company and be available for inspection by any Director during office hours.

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:55 | Report Abuse

6.11 Where there are Executive Directors on the Board, the Non-Executive Directors are
encouraged to meet among themselves at least annually to discuss among others
strategic, governance and operational issues.
6.12 The Chairman shall ensure that Board Committee meetings are not combined with
the main Board meeting as to enable objective and independent discussion during
the meetings.
7. TENURE OF DIRECTORS

7.1 Pursuant to the Constitution of the Company, a new Director appointed by the Board
to fill a casual vacancy or as an addition to the Board shall hold office only until the
next Annual General Meeting (“AGM”) at which he/she will retire and be available for
re-appointment.
7.2 One-third of the Board, or if their number is not a multiple of three (3), then the near
number nearest to one-third, shall retire from office and be eligible for re-election at
every AGM. All Board members are subject to retirement by rotation at least once in
every three (3) years and be eligible for re-election. The re-election of a Director shall
be subject to satisfactory evaluation of the Director’s performance and contribution to
the Board.
7.3 The tenure of an Independent Director shall not exceed a term limit of nine (9) years.
Upon completion of the nine (9) years, an Independent Director, may continue to
serve on the Board as a Non-Independent Director.
7.4 If the Board intends to retain an Independent Director beyond nine (9) years, the
Board shall provide justification and seek annual shareholders’ approval through a
two-tier voting process.
8. DIRECTORS’ TIME COMMITMENT

8.1 A Director shall not hold more than five (5) directorships in listed issuers as prescribed
by the MMLR of Bursa Malaysia.
8.2 A Director may accept other board appointments (outside the Group) so long as the
appointment is not in conflict with the business of the Group and does not detrimentally
affect the Director’s performance as a Board member. The Director shall notify the
Chairman before accepting any new directorships and the notification should include
an indication of time that will be spent on the new appointment.

9. INDUCTION AND DIRECTORS’ TRAINING

9.1 Each newly appointed Director is expected to participate in an induction program on
appointment and undertake ongoing education and training to maintain the skills and
knowledge required to perform his/her role effectively.
9.2 A newly appointed Director is to undergo the Mandatory Accreditation Programme as
required by Bursa Malaysia within four (4) months of being appointed as required
under the MMLR if he/she is appointed for the first time as a director of a listed issuer.
9.3 The Board, facilitated by the Nomination Committee, shall evaluate and determine the
training needs of the Directors to help determine the upskilling or development needs
of the Directors. The summary of training programmes attended by the Directors in
each financial year will be disclosed in the Annual Report.
9.4 The costs of the induction, Mandatory Accreditation Programme and/or continuing
education programmes shall be borne by the Company.
Progressive Impact Corporation Berhad – Board Charter
10 | P a g e
10. BOARD EVALUATION
On an annual basis, the Board, wi

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:55 | Report Abuse

10. BOARD EVALUATION
On an annual basis, the Board, with the assistance of the Nomination Committee, shall
evaluate the performance of the individual Directors, the Board as a whole and the Board
Committees to assess their performance and effectiveness.

11. BOARD REMUNERATION
11.1 The Remuneration Committee is responsible for recommending to the Board the
remuneration framework and packages of the Directors and Senior Management.
11.2 Executive Directors shall not be involved in discussions to decide their own
remuneration.
11.3 Directors who are shareholders and controlling shareholders with a nominee or
connected Director on the Board shall abstain from voting on the resolution to approve
directors’ fees and benefits at the AGMs.
12. FINANCIAL REPORTING
12.1 In presenting the financial performance during quarterly reporting and at the end of
the financial year, the Board aims to provide a balanced, clear and meaningful
assessment of the Group’s financial performance and prospects.
12.2 The Board shall ensure that the financial statements are prepared in accordance with
the approved accounting standards and the Companies Act, 2016, so as to give a true
and fair view of the state of affairs of the Company and the Group.
13. COMPANY SECRETARY
13.1 The appointment or removal of Company Secretary or Secretaries of the Board shall
be the prerogative of the Board as a whole. The Secretary appointed should be
suitably qualified and competent and hold practicing certificate issued under the
Companies Act and is a member of professional body or a person licensed by
Companies Commission of Malaysia. The Company Secretary should also undertake
continuous professional development.
13.2 The key role of the Company Secretary is to provide unhindered professional advice
and services to the Directors, enhance the effective functioning of the Board and
ensure regulatory compliance. The Company Secretary must keep abreast of, and
inform the Board of current governance practices.
13.3 Other primary responsibilities of the Company Secretary shall include:-
(a) advising the Board on its roles and responsibilities
(b) advising the Board on corporate disclosures and compliance with the Act and
MMLR of Bursa Malaysia
(c) ensuring that Board procedures and applicable rules are observed during
meetings
(d) attending and recording minutes of the Board and Board Committee meetings
and facilitating communications
(e) maintaining records of the Board and Board Committees and ensuring effective
management of the Company’s statutory records
(f) monitoring corporate governance developments and assisting the Board in
applying corporate governance practices to meet the Board’s needs and
stakeholders’ expectations
(g) serve as a focal point for stakeholders’ communication and engagement on
corporate governance issues
Progressive Impact Corporation Berhad – Board Charter
11 | P a g e
(h) manage processes pertaining

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:56 | Report Abuse

(h) manage processes pertaining to the AGMs and/or Extraordinary General
Meetings (“EGMs”), and
(i) carrying out other functions as may be directed by the Board from time to time.
14. ACCESS TO INDEPENDENT ADVICE AND INFORMATION
14.1 The Directors, collectively or individually, have unrestricted access to the advice of
the Company Secretary and Senior Management and may also seek independent
professional advice and information in the furtherance of their duties and
responsibilities at the Company’s expense, so as to ensure that the Directors are able
to make independent and informed decisions.
14.2 Independent advice sought shall exclude those of personal interests relating to the
Director’s personal disputes in matters that are not related to or affect the Board or the
Company as a whole.
15. RELATIONSHIP WITH SHAREHOLDERS AND STAKEHOLDERS
15.1 AGMs and EGMs (collectively “General Meetings”) of the Company are to be
conducted in an efficient manner and serve as important channel for shareholder
communication. Key elements for this include the supply of comprehensive and timely
information to shareholders and the encouragement of active participation at the
General Meetings.
15.2 The Board will focus its efforts on the following best practices to enhance the
effectiveness of the General Meetings:-
(a) ensure the notice of AGM is given at least twenty-eight (28) days before the
date of the AGM
(b) all Directors are to attend the General Meetings
(c) ensure that each item of special business included in the notice of AGM is
accompanied by an explanation of the effects of the proposed resolution
(d) ensure that the notice of AGM states which Directors are standing for election
or appointment, with a brief description on their age, relevant experience,
designation in the Company, list of directorships, date of appointment to the
Board, membership in any Board Committees, details of any interest, position
or relationship that might influence, or reasonably be perceived to influence, in
a material respect their capacity to bring an independent judgement to bear on
issues before the Board and to act in the best interests of the Company as a
whole and whether the Board is in support of the re-election or appointment and
the reasons
(e) ensure that the Chairman provides reasonable time for discussion at the
General Meetings
(f) ensure the conduct of virtual General Meetings (fully virtual or hybrid) support
meaningful engagement between the Board, Senior Management and
shareholders
(g) ensure that the resolutions set out in the notice of General Meeting are voted
by poll
(h) leverage on technology to facilitate voting (including voting in absentia) and
remote shareholders’ participation at General Meetings
(i) ensure that at least one (1) scrutineer is appointed to validate the votes cast at
the General Meetings. Such scrutineer must not be an officer of the Company
or its related corporation, and must be independent of the person undertaking
the polling process
(j) ensure that there is a channel of communication through the Company
Secretary on feedback and queries from shareholders, and
(k) ensure minutes of the General Meeting will be circulated to shareholders or
uploaded onto the Company’s website no later than thirty (30) business days
after the General Meeting.

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:56 | Report Abuse

15.3 The Board shall ensure effective, transparent and regular communication with its
stakeholders to facilitate mutual understanding of each other’s objectives and
expectations.
15.4 The Company will use its website as one of its primary communication conduits to
enhance existing modes of disseminating information, but not as a substitute for
existing modes. The website provides an avenue for communication with the
Company, and for stakeholders to register for email alerts for information about the
Company.
16. CODE OF CONDUCT
16.1 The Board has in place the Code of Conduct which is formulated to enhance the
standard of corporate governance and behaviour.
16.2 The Company is committed to conduct its business fairly, impartially and in full
compliance with all applicable laws and regulations in Malaysia and in countries where
the Company has operations. The Company’s professionalism, honesty and integrity
must at all times be upheld in the Company’s business dealings with customers,
vendors, suppliers, contractors, government, regulators, investors, the business
community as a whole and in the relationship of its own employees.
17. ANTI-BRIBERY AND CORRUPTION POLICY AND NO GIFT POLICY
The Group has adopted a zero tolerance policy against all forms of bribery and corruption
as spelled out in its Anti-Bribery and Corruption Policy and No Gift Policy. It is the Group’s
policy to conduct all its business activities with honesty, integrity and the highest possible
ethical standards and vigorously enforce its good business practices.
18. WHISTLEBLOWING POLICY
18.1 The Group is committed to the values of transparency, integrity, impartiality and
accountability in the conduct of its business and affairs. The Board has adopted the
Whistleblower Policy to provide an avenue for Directors, officers, employees and
other individuals who are engaged by the Group to disclose information pertaining to
disclose their concerns involving any improper conduct within the Group in
accordance with the procedures provided therein.
18.2 The Board has overall responsibility for this policy and shall be assisted by the Audit
Committee in the implementation of this policy.
19. SUSTAINABILITY AND SOCIAL RESPONSIBILITY
19.2 The Board recognises the need for strategies and plans to promote and contribute
towards sustainable development, with particular focus on the environmental, social
and governance aspects of the business.
19.2 The Board together with Management, takes responsibility in setting the Company’s
sustainability strategies, priorities and targets and these are communicated to internal
and external stakeholders via Annual Report and engagements.
19.3 Sustainability would also be taken into account when developing and implementing
strategies, business plans, major plans of action and risk management.
19.4 The Company shall constantly strive to maintain a safe and conducive work
environment for its employees and adopts documented policies and procedures as
part of its commitment towards Quality, Health, Safety and Environment.

Good123

25,242 posts

Posted by Good123 > 2023-06-09 15:57 | Report Abuse

world class , ada board charter yang sempurna ... tabik

20. REVIEW OF THE BOARD CHARTER
The Board Charter shall be periodically reviewed and updated in accordance with the needs
of the Company as well as any development in rules and regulations that may have an impact
on the discharge of the Board’s duties and responsibilities.
This Board Charter shall be available on the Company’s website at www.picorp.com.my.
Adopted : 21 April 2014
Amended : 27 February 2017
20 November 2017
28 February 2020
1 December 2021

BILLC

2,042 posts

Posted by BILLC > 2023-06-09 16:07 | Report Abuse

Should wait for 3 Sen when you see goo233 almost gone gila,,,,,wakakaka,,,,

cicakman

6,965 posts

Posted by cicakman > 2023-06-09 19:05 | Report Abuse

There are 6-7 cts indicators.

Good123

25,242 posts

Posted by Good123 > 2023-06-10 10:07 | Report Abuse


SOME analysts and fund managers are adamant that the local bourse is undervalued and most importantly, has been underperforming.

A cursory search on Bloomberg reveals that the FBM KLCI’s current price-earnings ratio (PE) has generally kept pace with its regional peers.

Good123

25,242 posts

Posted by Good123 > 2023-06-10 10:09 | Report Abuse

Kawan2 haji akan sapu syer picorp anytime. Sabar ya!

Good123

25,242 posts

Posted by Good123 > 2023-06-10 10:11 | Report Abuse

Giliran msia dan Asia bila2 masa

World shares at 13-month peak as Wall St scales 2023 highs

Tan KW
Publish date: Sat, 10 Jun 2023, 08:57 AM

cicakman

6,965 posts

Posted by cicakman > 2023-06-12 09:35 | Report Abuse

Run.

Good123

25,242 posts

Posted by Good123 > 2023-06-12 16:49 | Report Abuse

Tunggu gang haji masuk untuk naikkan harga sampai 30sen lagi

Good123

25,242 posts

Posted by Good123 > 2023-06-12 16:50 | Report Abuse

Peluang terbaik untuk masuk kini..

Strategi haji dengan gengnya akan mombawa pulangan tak terbatas. Good luck guys

Good123

25,242 posts

Posted by Good123 > 2023-06-13 08:59 | Report Abuse

NEW YORK: US stocks are back in a bull market and the American economy has consistently outperformed expectations, leading some firms to suggest the threat of recession has eased, if not altogether passed.

Good123

25,242 posts

Posted by Good123 > 2023-06-13 09:00 | Report Abuse

Strategy to buy is now while retailers are fearful

Good123

25,242 posts

Posted by Good123 > 2023-06-13 09:06 | Report Abuse

BANK OF CANADAINFLATIONINTEREST RATESREAL ESTATECANNABISOILGOLDNEWSLETTERSTOP PICKS
INVESTING
ARTICLE
INVESTING
4h ago

Nasdaq 100 up almost 2% in run-up to CPI report
Rita Nazareth, Bloomberg News

BNN Bloomberg's closing bell update: June 12, 20233:25
BNN Bloomberg's closing bell update: June 12, 2023

Now ShowingStrategist on S&P near new bull market and probability of stocks retesting October lows6:21
Strategist on S&P near new bull market and probability of stocks ...

Up NextMarkets in 3 Minutes: Stocks to Keep Rallying Throughout June3:09
Markets in 3 Minutes: Stocks to Keep Rallying Throughout June

Large cap tech stocks look overbought and risky: CIO4:46
Large cap tech stocks look overbought and risky: CIO

The stock market kept its bullish momentum as traders geared up for a pause in one of the Federal Reserve’s most-aggressive tightening campaigns in decades.

Big tech led equity gains, with the Nasdaq 100 up almost 2 per cent and the S&P 500 topping its closely watched 4,325 mark. Both gauges closed at the highest levels since April 2022. Tesla Inc. climbed for a 12th straight session — a record winning run — and Apple Inc. rose to an all-time high. Oracle Corp. rallied about 6 per cent ahead of its results. KeyCorp and Citizens Financial Group Inc. led losses in banks after disappointing updates at an industry conference.

Good123

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Posted by Good123 > 2023-06-13 09:14 | Report Abuse


KUALA LUMPUR: Bursa Malaysia has expanded its criteria for approved securities by reducing the daily market capitalisation requirement to RM200mil from RM500mil.

The revision is part of Bursa’s ongoing commitment to foster a dynamic and vibrant market by offering market participants a broader selection of approved securities, it said in a statement.

Good123

25,242 posts

Posted by Good123 > 2023-06-13 09:20 | Report Abuse

Closing Market Update: New Highs as Fed Pause Seen.

The S&P 500® Index (SPX) and Nasdaq Composite (COMPX) indexes climbed to 14-month highs Monday as investors awaited a Federal Reserve policy meeting expected to yield a pause in the central bank's rate-hiking campaign, as well as monthly inflation data.

On Tuesday, the Federal Open Market Committee (FOMC), the Fed's policy-setting arm, begins a two-day meeting that will likely determine the market's tone into mid-summer. Investors appear increasingly confident the Fed will leave its benchmark lending rate unchanged at its current range of 5.0% to 5.25%.

The market is also waiting for an inflation update from the Labor Department. The Consumer Price Index (CPI) report for May is scheduled for release earl…

Good123

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Posted by Good123 > 2023-06-13 11:21 | Report Abuse

Haji & gang would take action anytime... grab while opportunity arises

Good123

25,242 posts

Posted by Good123 > 2023-06-13 11:21 | Report Abuse

Better late than never..

Good123

25,242 posts

Posted by Good123 > 2023-06-13 11:29 | Report Abuse

haji & gang could push up the price back to 35sen too... just wait n see how haji do it again :)

Good123

25,242 posts

Posted by Good123 > 2023-06-13 11:59 | Report Abuse

After PRN, terbang kuat..


Japan’s Nikkei 225 and TOPIX were the best performers for the day, up 1.7% and 1.3%, respectively, and also moving back towards 33-year peaks hit earlier in the week. Positive economic readings from the country, chiefly an upward revision in first-quarter GDP, also helped sentiment towards local stocks.

Good123

25,242 posts

Posted by Good123 > 2023-06-13 12:00 | Report Abuse

Buy rate 82%... terbaik

Good123

25,242 posts

Posted by Good123 > 2023-06-13 12:15 | Report Abuse

Investing.com -- Most Asian stock markets rose on Friday amid optimism over the approval of a deal to raise the U.S. debt ceiling and avert a default, with Chinese markets rebounding from six-month lows on renewed hopes of an economic recovery in the country.

Good123

25,242 posts

Posted by Good123 > 2023-06-13 14:48 | Report Abuse

Stok china sedang terbang...kadar bunga diturunkan

BILLC

2,042 posts

Posted by BILLC > 2023-06-13 14:54 | Report Abuse

Makin lama good123 promote,,,makin cepat PI masuk 4 Sen,,,,

Good123

25,242 posts

Posted by Good123 > 2023-06-14 07:23 | Report Abuse

Mega-cap stocks have led market rally, while small-caps have lagged behind£$¥

see it as a buying opportunity

Good123

25,242 posts

Posted by Good123 > 2023-06-14 07:24 | Report Abuse

Hurray!

NEW YORK (Reuters) - Global shares rallied and the dollar eased on Tuesday after U.S. consumer price data showed inflation barely rose in May, increasing expectations the Federal Reserve will pause hiking interest rates when it concludes a two-day meeting on Wednesday.

Good123

25,242 posts

Posted by Good123 > 2023-06-14 07:25 | Report Abuse

The S&P 500 and Nasdaq rose to fresh one-year highs, helping lift MSCI's U.S.-centric gauge of stocks across the globe up 0.84% on the day, and 11.8% for the year.

Good123

25,242 posts

Posted by Good123 > 2023-06-14 07:27 | Report Abuse

Environmental, Social, and Governance (ESG) factors are becoming increasingly important in investment decisions globally, and Malaysia is no exception. The rise of ESG investing in Malaysia, the impact it's had on the performance of the stock market, and the sectors that are benefiting the most.

Good123

25,242 posts

Posted by Good123 > 2023-06-14 07:29 | Report Abuse

China up, Malaysia would benefit as China is the largest foreign investor & trading partner of Malaysia.

"China is the key. If we start to see growth and stimulus out of China, the dollar will weaken again just like it was weakening in March and April when everyone was convinced China would see strong growth,"

Good123

25,242 posts

Posted by Good123 > 2023-06-14 07:29 | Report Abuse

Oil prices climbed more than 3%, recovering from steep losses in the previous session, after China's central bank lowered a short-term lending rate for the first time in 10 months.

Good123

25,242 posts

Posted by Good123 > 2023-06-14 09:11 | Report Abuse

Semoga bukan dummy

PICORP is delighted to announce our new Chairman. The Group extends its warm welcome to Datuk Syed Hisham Syed Wazir, who has been appointed to take the helm of PICORP's BOD leadership, effective 30 May 2023. The Group is honoured to have someone of Datuk Syed Hisham's caliber and expertise to be part of the Group steering us to new remarkable heights. We look forward to working with him to achieve our goals. 🎉

Good123

25,242 posts

Posted by Good123 > 2023-06-14 09:11 | Report Abuse

:)

Merafak Sembah dan Setinggi-Tinggi Ucapan Tahniah

Kebawah Duli Yang Maha Mulia Seri Paduka Baginda Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta'in Billah

sempena Sambutan Ulang Tahun Hari Keputeraan Rasmi Kebawah Duli Yang Maha Mulia Tuanku pada 5 Jun 2023 Bersamaan 16 Zulkaedah 1444H

Daulat Tuanku,

Menjunjung Kasih Tuanku.

Sembah takzim daripada,
Seluruh warga PICORP Group of Companies.

Good123

25,242 posts

Posted by Good123 > 2023-06-14 09:38 | Report Abuse

Closing Market Update: Stocks Up, Inflation Falls

A report showing an unexpectedly large drop in the inflation rate sparked a broad rally Tuesday and raised hopes the Federal Reserve will leave its benchmark interest rate unchanged at the conclusion of its June meeting tomorrow. With Tuesday's gains, the S&P 500® Index (SPX) and Nasdaq Composite (COMPX) are at 14-month highs, while the Dow Jones Industrial Average (DJIA) is at a five-month high.

Early Tuesday, the Labor Department reported the Consumer Price Index (CPI) rose 0.1% in May from the month before. Economists had expected CPI to have risen 0.2%. The 0.4% increase in the core rate, which excludes volatile food and energy prices, met expectations. On an annual basis, CPI was up 4% from a year earlier, making May's the smallest year-over-year gain since March 2021. That means the headline rate has fallen by more than half from its peak rate of 9.1% in June 2022, though it is still double the Fed's long-term target rate of 2%.

Schwab Senior Investment Strategist Kevin Gordon says many components of the headline inflation index have slowed, which triggered some enthusiasm in the market Tuesday.

Moreover, investors now seem convinced the Fed has sufficient reason to forgo another rate hike at the conclusion of the meeting of its policy-setting arm Wednesday afternoon.

"The rally is more broad-based today, which is a bullish sign if it continues," Kevin says. "I also think this is an attempt to extend what started to look like a breakout last week for the 'unloved' parts of the market this year, such as small-caps and cyclicals."

Good123

25,242 posts

Posted by Good123 > 2023-06-14 09:39 | Report Abuse

Giliran small cap pula...terbaik

The rally is more broad-based today, which is a bullish sign if it continues," Kevin says. "I also think this is an attempt to extend what started to look like a breakout last week for the 'unloved' parts of the market this year, such as small-caps and cyclicals."

Good123

25,242 posts

Posted by Good123 > 2023-06-14 12:15 | Report Abuse

Hang Seng
19,521.42
117.11 (0.6 %)
Hang Seng Mainland 100
5,366.25
32.23 (0.6 %)

Good123

25,242 posts

Posted by Good123 > 2023-06-14 12:15 | Report Abuse

NIKKEI 225
The Nikkei Stock Average is the average price of 225 stocks traded on the first section of the Tokyo Stock Exchange where the most liquid issues are located. Base Currency: JPY
Latest Value

33,018.65
584.65 (1.8%)
Indices Information
Indices Name

NIKKEI 225

Last Close
32,434.00168.83 (0.52%)

Good123

25,242 posts

Posted by Good123 > 2023-06-14 12:17 | Report Abuse

A report suggested that manufacturers in South Korea and Taiwan will be allowed to maintain infrastructure in China despite U.S. sanctions against the country.

Good123

25,242 posts

Posted by Good123 > 2023-06-14 12:22 | Report Abuse

Technical indicators all suggest that the ringgit is in the oversold condition against the US dollar, so we could see ringgit appreciating today,” said Mohd Afzanizam.

fl888

7,654 posts

Posted by fl888 > 2023-06-14 12:22 | Report Abuse

New Chairman also can uplift the price,,,,,,old better..

Good123

25,242 posts

Posted by Good123 > 2023-06-14 12:24 | Report Abuse

haji & hajjah tak bodoh kot? mesti tahu pengerusi baru pasti membawa berkat :)


@fl888

New Chairman also can uplift the price,,,,,,old better..

0 seconds ago

Good123

25,242 posts

Posted by Good123 > 2023-06-14 12:31 | Report Abuse

pengerusi lama tak perform dah bungkus, new chairman new hope and chart new growth and prosperity :)

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