Malaysia, Indonesia to start phased travel corridor. Malaysia and Indonesia have agreed to introduce a travel corridor between them on a gradual basis, starting with key areas like capital cities and the holiday island of Bali, the two countries' leaders said on Wednesday. Speaking in Indonesia on his first official visit overseas, Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob also said Malaysia would grant an amnesty to Indonesian migrants working in the country on expired permits. (Source: TheEdgeMarkets)
Cukai Makmur should not be based on size of companies, says tax expert. The recently announced one-off Cukai Makmur (Prosperity Tax) should be imposed not according to the size of organisations but based on the incremental profits over the last two years, said Deloitte Asia Pacific Tax Partner, Mark Chan. "If we impose the tax based on the RM100 million chargeable income, we are really just taxing based on size and not performance. (Source: TheEdgeMarkets)
pasukhas green sukuk is good, for green projects which met certain benchmarked criteria and guaranteed by danajamin, RM200mil, not bad.
Sustainability-linked loans generally dont restrict the use of proceeds but borrowerswill have to commit to sustainability performance targets, and are awarded a reduction in interest rates if their sustainability targets are met.
Terbaik!!!!!!!!!!!!
Pasukhas Green Assets Sdn Bhd (ASEAN Green SRI Sukuk ...https://islamicmarkets.com › publications › pasukhas-gr... The principal activities of its subsidiaries are engaged in the Mechanical & Electrical Engineering services, Civil Engineering and Construction services, ...
Pasukhas Green Assets Sdn Bhd - BIX Malaysiahttps://www.bixmalaysia.com › CustomUserControlPDF The proceeds raised from the issuance of the ASEAN Green SRI Sukuk shall be utilised by the Issuer solely for Shariah-compliant purposes as follows:.
Danajamin guarantees Pasukhas green sukuk | The Starhttps://www.thestar.com.my › business › 2019/02/26 26 Feb 2019 — Pasukhas Green Assets Sdn Bhd, which issued the sukuk, will use the proceeds for its hydropower plant in Sungai Rek, Kelantan and explore ...
Danajamin Guarantees Pasukhas Green Assets Sdn Bhd ...https://www.danajamin.com › Articles & Media 27 Feb 2019 — Danajamin's First Participation in ASEAN Green Socially Responsible Investment (“SRI”) Sukuk Programme.
RAMC assigns Tier-1 EB rating to Pasukhas' first project under ...https://www.ram.com.my › pressrelease 26 Feb 2019 — Proceeds from PGA's ASEAN Green SRI Sukuk will be used to finance green projects that aim to preserve the environment and natural resources, ...
Danajamin guarantees Pasukhas' Islamic notes programmehttps://www.theedgemarkets.com › article › danajamin-... 25 Feb 2019 — The tranche issued by Pasukhas Green Assets Sdn Bhd also marks Danajamin's first foray into the green sukuk programme aimed at funding ...
Our Businesses - Pasukhas Group Berhadhttps://pasukhasgroup.com › our-businesses In 2018, the Group establish an Islamic Medium term note (“ASEAN Green SRI Sukuk”) programme for the issuance of ASEAN Green SRI Sukuk of up to RM200 ...
ASEAN Green SRI Sukuk In The Making - Malaysia ...http://www.mifc.com › ... Pasukhas Green Assets (formerly known as Morning Summit), a wholly-owned subsidiary of Pasukhas Energy, has proposed to establish a 20-year Islamic ...
Tabik, terindah! No wonder, Maybank IB juga menulis tentang Pasukhas baru-baru ini :)\\ESG is very HOT nowadays with young fund managers. Pasukhas has a bright future.
Facility Information Facility Code : 201900011 Facility No. : 201900000012 General Description : PGA RM200.0 MILLION ASEAN GREEN SRI SUKUK PROGRAMME Principle : ISLAMIC Maturity Date : 28/02/2039 Mode of Offer : NOT FOR TENDERING Acronym : IMTN Currency : Malaysia Ringgit Issuer : PASUKHAS GREEN ASSETS SDN BHD Lead Arranger (LA) / Facility Agent (FA) FA : RHBINVB LA : RHBINVB Co-Arranger Facility Amount Facility Limit : 200,000,000.00 Availability Period : 28/02/2039
Available Limit : 185,500,000.00 Outstanding : 14,500,000.00 Spread Against Reference/ Source : Form : Bearer Others Authorised Depository : BNM Paying Agent : BNM Trustee/Security Agent : MALAYSIAN TRUSTEES BERHAD
Islamic Concept AL-WAKALAH MURABAHAH
Selling Restrictions Schedule 6 or Section 229(1)(b)] of the CMSA Schedule 7 or Section 230(1)(b)] of the CMSA Schedule 9 or Section 257(3) of the CMSA SEC 2 (6) OF THE CA 2016
Facility Approval Facility Approval Date (BNM) : Facility Approval Date (SC) : 13/12/2018 DPA Agreement Signed : Approval Expiry : 15/03/2019 Instruments Instrument Code : IMTN Instrument Description : ISLAMIC MEDIUM TERM NOTES Instrument Type : MEDIUM TERM NOTES Instrument Transaction Type : NOT APPLICABLE Principle : ISLAMIC Bullet / Revolving Revolving Instrument Participants Underwritten : No Auto deduction of underwriter commitment amount : No Total Original Commitment (RM) : 0.00 Total Present Available Commitment (RM) : 0.00 Organisation Original Commitment (RM) Present Available Commitment (RM) Guaranteed : Yes Total Guaranteed (RM) : 200,000,000.00 Organisation Guaranteed Amount (RM) DANAJAMIN 200,000,000.00 Remarks (200 characters) : The first tranche of RM17.0 million is guaranteed by Danajamin Nasional Berhad. Direct Bidder Organisation Primary Subscribers Organisation Suspended Direct Bidder Organisation Restricted Organisation Organisation Market Maker Organisation ABS Details Originator : Servicer : Special Purpose Vehicle (SPV) : Underlying Assets Rating Government Guarantee : No Indicator : Not Rated Facility Rating Instrument Rating Agency Effective Date Current Rating Tenure Initial Rating Current Rating Rating Action Rating Outlook Rating Watch
Utilisation Facility Sectors – refers to issuer’s nature of business FISS Sector Amount (RM) 4000 ELECTRICITY, GAS AND WATER SUPPLY 200,000,000.00 4010 Production, collection and distribution of electricity, gas and steam 200,000,000.00 Sector Grand Total (RM) 200,000,000.00
Facility Utilisation – refers to utilisation of debt securities FISS Utilisation Amount (RM)
Others 200,000,000.00 Utilisation Grand Total (RM) 200,000,000.00
Attachment File Name File Description Other Terms and Conditions.pdf Principal Terms and Conditions.pdf Lead Arranger/ Facility Agent Remarks Please refer to the "Other Terms and Conditions" for further details on the purposes of utilisation.
95% of adult population in Malaysia fully vaccinated against Covid-19 as of Nov 9. 95% or over 22.2 million grown-ups of Malaysia’s adult population had completed their Covid-19 vaccination as of Tuesday (Nov 9), according to the Ministry of Health (MoH). Based on the MoH’s data on the COVIDNOW portal, 97.6% of the adult population or 22.8 million individuals had received at least one dose of the vaccine. (Source: TheEdgeMarkets)
• US keen to support Penang's role as semiconductor hub, says ambassador. The US has reiterated its commitment towards strengthening relations with Penang and is keen to support the state’s role as a hub for semiconductors and other critical supply chains. During his twoday visit to the state from Monday (Nov 8), US Ambassador to Malaysia Brian McFeeters met with the thriving US business community in Penang to discuss the challenges and opportunities, the importance of supply chain resiliency and the enormous potential for closer economic ties between the US and Penang. (Source: TheEdgeMarkets)
property prices will recover worldwide eventually :)
U.S. Home-Price Gains Show Signs of Slowing From Torrid Pace. In the third quarter, the median price of an existing single-family home in the U.S. rose 16% from a year earlier to $363,700, the National Association of Realtors said in a report Wednesday. The rate was 23% in the second quarter. About 78% of 183 metropolitan areas measured had double-digit increases, down from 94% in the previous three-month period. (Source: Bloomberg)
Worst Is Over for Indonesia’s Growth as Consumers Head to Malls. More Indonesians are venturing outside to malls and supermarkets as a sharp decline in Covid-19 cases lets the government ease movement restrictions. Traffic in retail and recreation areas has Page 7 of 7 largely returned to pre-pandemic levels, while mobility in groceries and pharmacies have rebounded well beyond that, according to Google data. (Source: Bloomberg)
This is a nice reflection for everyone how after share consolidation 1:10, the price can still come back as before share consolidation, weird right, most probably due to more shares been issue out to dilute the existing shares causing this, imagine you holding this since last year, sure die if you still have not cut loss.....
A great reflection to show if you buy at the wrong timing, chasing high for example , those buying last year at 0.06 above almost total loss of 50% above...., totally no chance of recovering.....
Now back to the question mark now, those buy above 0.10, will there be any chance if ever they still holding, maybe this is the advice needed, cut loss or continue still holding?
Maybe some said no point to cut loss at such low price, then just risk all for more losses or for a dream to come true?
What happen if the price only manage to rebound like 100% to maybe 0.07-0.09? Still holding or time to throw even you still have losses?
It is always about profit, not loyalty here as this is share market, you enter at the right price and throwing at the right time, this is where target price come and why people need to have a cut loss line......
This is not only about sentiment, good news is to boost up confidence of people on the shares, it is not about waiting as you can see people price in all the potential and good news when the share fly, the same as share price up when dividend announce and share price will drop once dividend period over....
So shares fly when new project announce, not when project completion and surely the financial report meeting all the target profit as people already price in all this into latest price already.....
This is very good example, long term, how to long term when you already total loss 80% if you hold this since last year 2020, can you really recover back? Surely if you buy now from 0.04 to even 0.06, you have this chance, obviously the risk is there whether this will still continue to plummet to even lower which can be due to the so called PP...
Maybe for those said hold long term, can we know your average price as of now to benchmark, and since when you holding this share.
For example, me have been in and out of this share since early last year, 2020 since stuck at 0.045 , don't be confused that this 0.045 in 2020 = 0.045 in 2021, this is two DIFFERENT value, the 0.045 value of shares hold bought at 2020 in 2021 will be 0.045/10 = 0.0045 if that person still continue holding.....
PETALING JAYA: The country’s borders should be opened to foreigners by Jan 1 at the latest, says National Recovery Council (MPN) chairman Muhyiddin Yassin.
According to a Bernama report, this is what the MPN is proposing to the government.
The country’s borders have been closed to foreigners since the start of the pandemic.
In a statement today, Muhyiddin said the fifth National Recovery Council (MPN) meeting for 2021 had discussed the slow recovery of the tourism sector due to a lack of international tourists.
“Taking into account the excellent achievements of the national vaccination programme, the meeting has decided that the country’s borders should be opened to international tourists latest by Jan 1, 2022 to speed up recovery for the sector,” he said.
Muhyiddin’s statement comes on the heels of reports that Malaysia will be opening up a Vaccinated Travel Lane (VTL) between Kuala Lumpur International Airport (KLIA) and Changi Airport, and a Vaccinated Travel Corridor (VTC) between Jakarta and Kuala Lumpur.
The VTL between KLIA and Changi Airport, to take effect on Nov 29, will enable fully vaccinated Malaysians and Singaporeans to travel between the two countries without the need to observe any quarantine.
Air travellers will be required to take a Covid-19 test.
The VTC between Malaysia and Indonesia was announced by Prime Minister Ismail Sabri Yaakob following talks with Indonesian President Joko Widodo in Jakarta yesterday.
The proposal, to be implemented early next year, will first see a travel corridor that will connect Kuala Lumpur and Jakarta by air, before other destinations that have shown to be low Covid-19 risk can be added.
On Oct 22, tourism, arts and culture minister Nancy Shukri had also said the travel bubble project involving Langkawi would be expanded to include international visitors “perhaps in early December, if not earlier”.
Her comments followed Ismail’s statement in the Dewan Negara that the government would not open the country’s borders arbitrarily to foreign travellers, with permission depending on the Covid-19 situation in their countries of origin.
All of the so called investor got burn badly last year, so you mean we will see whether the new batch of investor will be lucky this time with losses as of now close to 50%?
Maybe bad luck for the old investor, time for new investor which start from August 2021 I believe, 0.10 as the starting point.....
Like many other markets, regulators, investors and companies in Malaysia are increasingly focusing beyond governance and on environmental, social and governance (ESG) issues. Sustainability reporting is now mandatory for Malaysian companies. The Malaysia-ASEAN Corporate Governance Report 2019 found that 98.6% of the 866 Malaysian listed issuers published a standalone L Moving from Governance to Environmental, Social and Governance (ESG)
Green Value Chain Creditor’s rights Community engagement Customer welfare Supplier selection Anti-corruption
Sustainability Report or have a separate section on sustainability in their annual reports. The report found that disclosure of policies and practices on a green value chain was the most common, while disclosure on anti- corruption was least common.
However, starting from June 2020, Main Market and ACE issuers in Malaysia must disclose on their website their policy on anti-corruption and policy and procedures on whistleblowing. Therefore, disclosure in this area would be expected to improve considerably. In the area of employee welfare, the study found that policies and procedures to protect the whistleblower from retaliation; procedures for complaints by employees/other stakeholders to raise concerns; and health, safety and welfare policies for employees are the three areas that are most frequently disclosed by Malaysian issuers.
Markets, regulators, investors and companies in Malaysia are increasingly focusing beyond governance and on environmental, social and governance (ESG) issues.
Over the past 20 years, considerable progress has been achieved in compliance with key corporate governance rules and guidelines in Malaysia. Regional rankings of corporate governance of Asian markets have generally put Malaysia somewhere in the middle. A recent major scandal, political instability and allegations of political corruption have hurt how Malaysia fares on these rankings
Conclusion how it is perceived by the international investor community. However, as this paper has shown, Malaysia has been strategic and progressive in making reforms to its corporate governance rules. These are informed by regular regulatory reviews designed to address problems that ail the market. It has developed strong regulatory and market institutions and ratcheted-up enforcement for capital market breaches in the past few years. Based on this writer’s personal experience monitoring developments in Malaysia over the last 20 years; engaging with regulators, directors, investors and other stakeholders; and conducting professional education programs for first-time and experienced directors across both listed companies and financial institutions, the reality is quite different from common perceptions about the state of corporate governance in Malaysia. While there is no doubt that political and public governance issues will hurt investor confidence, there are many companies and directors in Malaysia who take good corporate governance seriously. Capital market regulators are prepared to introduce necessary reforms to enhance investor protection and that is not the same inclination as we observe in some other markets where stock exchanges and regulators lower the bar in order to attract more listings. As with any market, there are companies that are well-governed and managed and those that are not. Investors should carefully assess the corporate governance of companies they invest in. There is cause for optimism that corporate governance will continue to improve in Malaysia
If Pasukhas continues to make more and more profits from all Projects in hand, its share price will rebound sooner or later towards its intrinsic value.
Financial statements are the core of a financial reporting system in providing relevant and reliable financial information to investors and other users. High quality financial statements hence play an important role in supporting a strong and confident capital market. FOREWORD FROM THE CHAIRMAN FINANCIAL STATEMENTS REVIEW COMMITTEE Over the years, financial reporting requirements have become increasingly complex and financial statements are now subject to much greater scrutiny by regulators. In addition, as the outbreak of the COVID-19 pandemic impacted businesses and the economy significantly and created uncertainty around business continuity, investors began demanding that companies provide greater transparency in financial reporting. As such, the focus has shifted from routine financial reporting to an emphasis on high quality financial reporting. To ensure investors receive high quality, focused and reliable financial statements, each and every participant in the financial reporting ecosystem plays a distinctive role in the preparation of financial statements. All parties should collaborate and uphold professionalism to drive and elevate the quality and reliability of financial reporting.
Consistent application of accounting standards and disclosures will ensure that the financial statements remain transparent and comparable. The Financial Statements Review Committee (FSRC or the Committee) is entrusted with the responsibility to monitor the quality of financial statements for the purpose of determining compliance with statutory and other requirements, applicable approved accounting standards and approved auditing standards. In line with its function and role in the financial reporting ecosystem, the FSRC provides guidance to companies to meet the financial statements disclosure requirements as prescribed in the relevant standards. Through this report, the Committee continues to share the key review findings and financial reporting best practices which preparers should consider in the preparation of financial statements. For the period under review, FSRC continued to focus on the application of new standards, particularly MFRS 16 Leases which became effective from 1 January 2019. Deficiencies were identified in terms of the clarity of disclosures, and the Committee suggests that more specific disclosures be required on those areas that involve judgement and estimates based on the event and circumstances of the entity. This would help users to understand the transactions undertaken by the entity and how the standards are applied. We also identified certain findings in other areas that continue to be a challenge in financial reporting practices. The Committee recommends that entities should include the appropriate level of qualitative disclosures to increase the transparency of financial information and better understanding of the activities undertaken by the entities. FSRC will continue to discharge its role to monitor the compliance of financial statements and share financial reporting best practices to uphold the quality of financial reporting. As one of the surveillance functions, FSRC continues to support the Institute to regulate and develop the accountancy profession, which is in line with the Institute’s distinctive vision for nation building. IRVIN MENEZES CHAIRMAN FINANCIAL STATEMENTS REVIEW COMMITTEE
Small cap stocks macam pasukhas cuma terjejas sedikit je! Tetap yakin tetap semangat!
As you all know the Budget 2021 proposal has affected almost all the listed stocks, especially the large cap stocks due to the prosperity tax increase from 24% to 33%. In view of this additional tax, all the big cap companies will report reduced profit next year. As a result, institutional and foreign investors have been dumping their shares. This rapid dropping of large cap stocks is also pulling down small cap stocks!!!!!!!!!!!!!
Right issue at 10sen (80%) + PP (20%) at ? sen ... tunggu EGM kini untuk kelulusan kini
andaikan , harga PP 6sen nanti,
Harga Purata keseluruhan ~ 10sen x 80% + 20% x 6sen ~ 8sen + 1.2sen ~ 9.2sen
berbaloilah, projek2 mega baru berjalan dan belum siap lagi.
Menurut Warren Buffett: Value investing is an investment strategy that involves picking stocks that appear to be trading for less than their intrinsic or book value.
The primary financial goal of management is shareholder wealth maximization, which translates to maximizing stock price. ▪ Value of any asset is present value of cash flow stream to owners. ▪ Most significant decisions are evaluated in terms of their financial consequences. ▪ Stock prices change over time as conditions change and as investors obtain new information about a company’s prospects. • Managers recognize that being socially responsible is not inconsistent with maximizing shareholder value.
Good Luck for long term investors!!!!!!!!!!!!!!!!!!!!!!
• Managers are naturally inclined to act in their own best interests (which are not always the same as the interest of stockholders). • But the following factors affect managerial behavior: ▪ Managerial compensation packages ▪ Direct intervention by shareholders ▪ The threat of firing ▪ The threat of takeover
ADAKAH JOE DAN PUAKNYA MEMBELI SECARA MENGEJUT LAGI? :) TUNGGU & LIHAT
COMING EGM UNTUK pp SUNGGUH MENARIK - JOE CUKUP SYER UNTUK MENOLAK /MENERIMA CADANGAN pp?
Thursday, 14 Oct 2021 5:22PM PASUKGB JOE HOLDING BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) (30,000,000 units Acquired) 5:22PM PASUKGB GP AUTOBAT SDN. BHD. (30,000,000 units Acquired) Tuesday, 12 Oct 2021 5:52PM PASUKGB GP AUTOBAT SDN. BHD. (34,000,000 units Acquired) 5:52PM PASUKGB JOE HOLDING BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) (34,000,000 units Acquired)
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
25,227 posts
Posted by Good123 > 2021-11-11 08:33 | Report Abuse
Segalanya lebih mahal dan barang naik. Syer bagai aset turut naik lagi . Sabar ya!
NEW: Inflation in the U.S. is at its highest in 30 years—and it's impacting everything from cars to what you pay at the grocery.