Posted by vcinvestor > 2022-04-22 17:20 | Report Abuse

@8899EL8899 https://www.klsescreener.com/v2/announcements/view/3537457 oofffffffff

Posted by 8899EL8899 > 2022-04-22 19:48 | Report Abuse

shocking news,......tabung haji left,......brahim very lonely now

Posted by Superup96 > 2022-04-22 22:55 | Report Abuse

KUALA LUMPUR (April 22): Urusharta Jamaah Sdn Bhd (UJSB) has ceased to be a substantial shareholder in Practice Note 17 (PN17) company Brahim’s Holdings Bhd.

In a bourse filing, Brahim’s disclosed that UJSB had disposed of 44.55 million shares equivalent to a 19.28% stake in the loss-making in-flight caterer on April 8 — thus ceasing to be a substantial shareholder.

UJSB is an investment holding and asset management company wholly owned by the Minister of Finance Inc (MoF Inc).

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According to Brahim's 2020 annual report, UJSB was the largest shareholder of the group with a 19.28% stake.

UJSB had acquired the 44.55 million shares on Dec 28, 2018 after it was transferred by Lembaga Tabung Haji as a result of a restructuring exercise at the pilgrimage fund.

Notably, the disposal of the shares was made on the same day that Bursa Malaysia had rejected Brahim’s application for an extension of time to submit its regularisation plan, which resulted in a slump in the company’s share price.

On April 8, Brahim's announced that Bursa had rejected its application and that its share would be suspended and subsequently delisted. The company had previously stated its intention to appeal against the bourse’s decision to delist its shares.

However, Bursa proceeded to suspend the trading of the company’s securities starting April 15, even though the decision on the company’s appeal is still pending.

Brahim's was classified as a PN17 status listed issuer on Feb 28, 2019 after the level of its shareholders’ equity fell below the 25% threshold.

For the financial year ended Dec 31, 2021 (FY21), Brahim's narrowed its net loss to RM12.49 million from RM103.1 million in FY20. Revenue fell 59.29% to RM33.54 million from RM82.39 million in that period.

Brahim’s share was last traded at one sen on April 14, bringing it a market capitalisation of RM3.07 million.

Read also: Brahim's makes last ditch appeal to Bursa to put off delisting action

Brahim's plunges as much as 73.9% on rejection of extension to submit regularisation plan

Ahmad Naqib Idris
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Posted by my101home > 2022-04-22 22:57 | Report Abuse

This is not shocked. Institution will run as fast as they could when the company has serious problem. Tabung Haji was just too slow to react, mirroring their investment performance

Posted by 8899EL8899 > 2022-04-23 08:25 | Report Abuse

brahim now with three musketeers,........ibrahim, focus, choo,.......don`t know they have enough strength to save the company,.......combine stake about 40%,.......look like tabung haji not interested in saving the company,........ i wonder who are the new buyers,.........such a big volume transacted,.........about 60% of brahim shares

Posted by Suriyan > 2022-04-24 22:19 | Report Abuse

I’m not knowledgeable with shares. I bought Brahims at high price 0.91. Bought 100 thousand lots. What do I do now. Is it burnt? Any kind sole please enlighten me on this

Posted by Suriyan > 2022-04-24 22:19 | Report Abuse

Soul

Posted by 8899EL8899 > 2022-04-25 08:22 | Report Abuse

suriyan,.....only the big shots know,........just pray for good thing to happen,.....

Posted by Suriyan > 2022-04-25 09:39 | Report Abuse

Thank you so much

Posted by 8899EL8899 > 2022-04-25 10:16 | Report Abuse

brahim without tabung haji is better,.......don`t need to wait for government bureaucratic decision ,.......restructuring can move faster,........

Posted by CITADEL > 2022-04-25 10:38 | Report Abuse

hahaha syok sendiri

Posted by 8899EL8899 > 2022-04-25 11:26 | Report Abuse

citadel,.....wait & see , you will know,......

Posted by Suriyan > 2022-04-25 12:18 | Report Abuse

No choice I’ll wait, thank you for the info

Posted by CUTLOST > 2022-04-25 12:37 | Report Abuse

Bye bye..burning the money

Posted by 8899EL8899 > 2022-04-25 15:18 | Report Abuse

very weird,.....sats singapore share price keep going up,......brahim`s 49% partner

Posted by CITADEL > 2022-04-25 15:42 | Report Abuse

haha already delist still dreaming here???

Posted by 8899EL8899 > 2022-04-25 16:12 | Report Abuse

citadel,...wait for bursa to announce,.......be patient

Posted by Suriyan > 2022-04-26 12:38 | Report Abuse

8899EL8899 I like your positive attitude! Miracles do happen!

Posted by 8899EL8899 > 2022-04-26 16:11 | Report Abuse

brahims should approach babas curry powder,.......or boh tea plantation,.........for them to take over the company,......

Posted by CUTLOST > 2022-04-27 09:25 | Report Abuse

For those bot 0.01 plz keep dreaming brahim back to Rm1

Posted by 8899EL8899 > 2022-04-27 13:24 | Report Abuse

what to worry,......brahim is not a fraud company,........the company only need rm40mil. capital injection,........everything will be solved

Posted by Superup96 > 2022-04-27 20:47 | Report Abuse

What is the next company to be delisted?

Posted by Superup96 > 2022-04-27 22:00 | Report Abuse

Barakah? Ikhmas? Seacera......

Posted by Harry > 2022-04-28 08:22 | Report Abuse

Guys, some of you so naive …. Thought those company business like play sand … lol

Posted by zhm540 > 2022-04-28 14:17 | Report Abuse

waiting for Syed Mokhtar Albukhari to rescue Brahim to ensure Gardenia bread will be served world wide!

Posted by 8899EL8899 > 2022-04-28 15:42 | Report Abuse

gardenia and brahim can blend very well,......a good mix

Posted by kllady_fidah > 2022-05-01 07:12 | Report Abuse

Huat Chai

white knight in the background..Malaysia Boleh..SD boleh Brahim lagi BOLEH!!!

Posted by chinaman > 2022-05-04 19:41 | Report Abuse

Selamat hari raya Aidilfitri. Amalan rumah terbuka setiap hari. Bisnes katering tak henti henti. Turut serta meraikan hari mulia ini

Posted by tameliew > 2022-05-13 15:17 | Report Abuse

When is the suspend end? Or already delisting?

Posted by awesome20 > 2022-05-17 19:41 | Report Abuse

soon resume trade

Posted by imvu > 2022-05-18 08:54 | Report Abuse

siap sedia , gap up hijau limit up , billioniaire , trillionaire

Posted by MV1970 > 2022-05-18 18:10 | Report Abuse

Hello sifus/everyone, will this counter resume trade?

Posted by Suriyan > 2022-05-20 10:00 | Report Abuse

It has collapsed and hope it resurrects. I’ll be one of the 1st one to rejoice

Posted by zhm540 > 2022-05-24 11:32 | Report Abuse

Brahim cash flow will slowly improve as more and more airlines are coming... pretty sure will limit up once it resumes trading.

Posted by Icon 888 > 2022-05-25 06:33 | Report Abuse

Game over

Posted by birkincollector > 2022-05-31 19:36 | Report Abuse

delisting finally....next one scomi? lol

Posted by TCH1186 > 2022-05-31 20:10 | Report Abuse

lanpa bawak lari duit i

Posted by speakup > 2022-05-31 22:15 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/05/31/brahim039s-to-be-delisted-on-june-3

Posted by Legend > 2022-05-31 22:55 | Report Abuse

Brahim’s to be delisted on June 3 as Bursa rejects its appeal for more time to submit regularisation plan
KUALA LUMPUR (May 31): Practice Note 17 (PN17) company Brahim’s Holdings Bhd will be delisted on June 3 — 28 years after the company was listed in 1994 — following Bursa Malaysia’s rejection of the group’s appeal for more time to submit its regularisation plan.

In a local bourse filing, Bursa said the securities of the group that are currently deposited with Bursa Malaysia Depository Sdn Bhd may remain deposited, notwithstanding the delisting of the securities.

“Alternatively, shareholders of the company who intend to hold their securities in the form of physical certificates can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at any time after the securities of the company have been delisted from the official list of Bursa Securities.

Posted by Good123 > 2022-06-01 08:34 | Report Abuse

Gulung tikar dah

Posted by tameliew > 2022-06-01 10:40 | Report Abuse

game over

Posted by chinaman > 2022-06-01 12:44 | Report Abuse

bullshit pilih bulu, pilih kaish. serba salah, sapula, lain cap ayam pn17 tada pulak delisted?

Posted by chinaman > 2022-06-01 12:51 | Report Abuse

ada olang mau pressure KJ lompak katak ke?

Posted by chinaman > 2022-06-01 13:02 | Report Abuse

Ini macam main kotor tadak cantek ...banyak busuk

Posted by BILLC > 2022-06-01 13:51 | Report Abuse

Sikalang baru tau booosat manyak busukkk kah,,,,

Olang kuat ia tolong,,,,bilis kecik terus bungkusss,,,,

Wakakaka,,,

Posted by Younglearner > 2022-06-23 11:08 | Report Abuse

May I know any news update from Brahims?

Posted by Michael R. > 2022-07-21 12:03 | Report Abuse

Now you know MAS also got big shares here.. no wonder hard to improve...

Posted by chinaman > 2 months ago | Report Abuse

Will this salted fish come alive with relisting thru RTO ?

Posted by chinaman > 2 months ago | Report Abuse

Bullshit pilih kasih. Many Cap Ayam PN17 still listed till now. Why burn ikan bilis only?

Posted by chinaman > 1 month ago | Report Abuse

PETALING JAYA: Gerakan has become the first party to court Khairy Jamaluddin following his sacking from Umno last night, with its youth wing saying the former health minister would be a perfect fit for the party.

Acting Gerakan Youth chief Wong Chia Zhen believed that the party’s moderate principles were in line with Khairy’s, while praising the former health minister for his credibility.