0177 PASUKGB PASUKHAS GROUP BERHAD General Meetings: Notice of Meeting 52049 Indication: Notice of Meeting Description: Pasukhas Group Berhad - Notice of Seventeenth Annual General Meeting ("17th AGM") Date of Meeting: 30/05/2022 Time of Meeting: 03:00 PM Venue: Broadcast VenueLot 10.3, 10th Floor, Menara Lien Hoe,No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort,47410 Petaling Jaya, SelangorMalaysia Date of General Meeting Record of Depositors: 19/05/2022 Outcome of Meeting:
You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
What are penny stocks? ‘Penny stocks’ is a loose name for cheap, low-priced shares of small, often newly listed companies.
There are a few different ways to define Singapore’s penny stocks. Some definitions say it’s listed companies with a market cap of less than $10 million, which is why in Singapore penny stocks are also commonly referred to as small-cap stocks.
Another definition is stocks with a share price of less than $5 and is traded in cents, usually amounting to less than 20 cents. However, this is a rather vague definition as some blue-chip stocks have share prices below $5 too.
Investors are often attracted to penny stocks for their cheap prices and potential growth opportunities, though there are risks involved with penny stocks too.
among those stocks below 10sen, pasukhas paling berpotensi seperti patuh syariah, sektor tenaga hijau, pembinaan, dll yang sangat penting untuk negara sedang membangun macam malaysia
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") RIGHTS ISSUE PERMAJU INDUSTRIES BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING Description PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY")
RIGHTS ISSUE (For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Abridged Prospectus dated 5 November 2021 issued by the Company in relation to the Rights Issue.)
Reference is made to the earlier announcements in relation to the Rights Issue dated 2 September 2021, 29 September 2021, 21 October 2021, 5 November 2021, 29 November 2021 and 2 December 2021.
On behalf of the Board, Mercury Securities wishes to announce that the Rights Issue has been completed following the listing and quotation of 959,813,224 Rights Shares on the Main Market of Bursa Securities today.
Focus Point Holdings Bhd has proposed to transfer its listing to the Main Market of Bursa Malaysia from ACE Market.
In a filing with Bursa Malaysia, the optical retailer said it met th requirements for the proposed transfer as set out in the equity guidelines issued by the Securities Commission and the Main Market listing requirements of Bursa Securities.
The requirements include historical profit performance, healthy financial position, and public shareholding spread. A corporation must have an uninterrupted profit of three to five full financial years based on audited financial statements, with an aggregate after-tax profit of at least RM20mil and an after-tax profit of at least RM6mil for the most recent financial year.
However, a corporation seeking a transfer to the Main Market of Bursa Securities is not required to comply with the 'uninterrupted' profit requirements.
Focus Point has achieved an audited consolidated after-tax profit of approximately RM12.9mil for the most recent financial year ended Dec 31, 2021 (FY21), and an aggregate audited consolidated after-tax profit of approximately RM30.17mil for the past three financial years up to FY21.
As at Dec 31, 2021, Focus point said its net assets stood at RM75.75mil, current assets and current liabilities of approximately RM118.67mil and RM92.12 mile respectively, representing a current ratio of approximately 1.29 times, cash and bank balances of RM43mil and no accumulated losses.
Focus Point has also met the public shareholding spread requirement of at least 25% of its total number of listed shares, with approximately 30.13% of its issued share capital held by 1,738 public shareholders holding no less than 100 shares each.
Based on the Record of Depositors of Focus Point as at April 1, approximately 30.13% of the issued share capital of the company is held by 1,738 public shareholders holding not less than 100 Focus Point shares each.
Focus Point expects to submit its application to the relevant authorities within three months' time and to complete the transfer by the fourth quarter of 2022.
It said the proposed transfer would mark another major milestone for the company subsequent to its listing on the ACE Market of Bursa Securities on Aug 23, 2010.
“The proposed transfer signifies the financial strength of the group as it has satisfied the profit track record requirements as well as the financial position and liquidity requirements for a transfer to the Main Market of Bursa Securities,” it said.
The market capitalisation of the company as at April 1 is RM244.2mil, grown from its listing market capitalisation of RM64.35mil.
“The board believes that the proposed transfer will enhance the company's credibility, prestige and reputation, and accord the company with greater recognition and acceptance amongst investors, in particular institutional investors, while reflecting the group's current scale of operations. This will in turn enhance the attractiveness and
marketability of Focus Point shares.
“In addition, the proposed transfer is envisaged to enhance the confidence of the group's customers, suppliers, business associates, employees and shareholders through its profile as a company listed on the Main Market of Bursa Securities,” Focus Point said
THE local bourse is perceived as being more resilient and defensive compared with other markets, and is likely to be range-bound next week, say fund managers who also advocate that retail investors should take the opportunity of price weakness to buy value stocks.
Rakuten Trade head of equity sales Vincent Lau says that next week, the sentiment on the local bourse would continue to be jittery as investors continue to track movements on Wall Street.
“While Bursa Malaysia seems to be a little bit more resilient compared with other global markets, there will still be a lot of volatility. Next week, the local bourse is likely to be supported at the 1,560 to 1,570 levels,” he tells StarBizWeek.
If the melaka state government project jadi, probably fly straight to 10 to 20sen or even higher at 30sen to 40sen like tanco. Election is approaching, wait n see
WHERE stock-market investors see digital disruption, buyout firms see opportunity.
The cheap valuations of strategically challenged stocks are proving a draw to private equity firms. But the corporate prey are hardly soft targets: Traditional takeover premiums are – rightly – proving inadequate for some beaten-down shares.
0177 PASUKGB PASUKHAS GROUP BERHAD General Meetings: Notice of Meeting 52049 Indication: Notice of Meeting Description: Pasukhas Group Berhad - Notice of Seventeenth Annual General Meeting ("17th AGM") Date of Meeting: 30/05/2022 Time of Meeting: 03:00 PM Venue: Broadcast VenueLot 10.3, 10th Floor, Menara Lien Hoe,No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort,47410 Petaling Jaya, SelangorMalaysia Date of General Meeting Record of Depositors: 19/05/2022 Outcome of Meeting:
You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
If a new project worth billions of ringgits like Tanco is obtained successfully, it will rise to 30-40sen like tanco now... tanco's total shares issued even higher than pasukhas... tanco has 2bil shares ++ issued. :)
If a new project worths billions of ringgits like Tanco is obtained successfully, it will rise to 30-40sen like tanco now... tanco's total shares issued even higher than pasukhas... tanco has 2bil shares ++ issued. :)
PASUKHAS GROUP BERHAD Registration No. 200501009342 (686389-A) (Incorporated in Malaysia) 17TH ANNUAL GENERAL MEETING (“17th AGM”) Date 30 May 2022 Time 3.00 p.m. Broadcast Venue Fully virtual basis and entirely via remote participation and voting facilities via Mlabs VGM platform operated by Mlabs Research Sdn Bhd at Lot 10.3, 10th Floor,Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor The 17th AGM will be hosted virtually at https://rebrand.ly/PasukhasAGM MODE OF MEETING In view of the COVID-19 outbreak and as part of the safety measures, the 17th AGM will be conducted entirely through live streaming from the Broadcast Venue. All shareholders of the Company, whether individual shareholders, corporate shareholders, proxy holders, authorised nominees or exempt authorised nominees who wish to attend the 17th AGM will have to register to attend remotely by using the Remote Participation and Voting (“RPV”) Platform, the details of which is set out below. Hence, NO SHAREHOLDERS/PROXIES will be allowed to be physically present at the Broadcast Venue on the day of the 17th AGM. RPV 1. The 17th AGM will be conducted entirely through live streaming and online remote voting. Should you wish to attend the 17th AGM you will be required to do so by registering yourself using the RPV Facilities in accordance with the instructions set out under Section 4 below.
Dah selesai . Projek melaka dengan pasukhas boleh umumkan dah :)
MELAKA (May 8): Claims of Datuk Seri Sulaiman Md Ali has been forced to sign his resignation letter as Melaka Chief Minister is not true and baseless, said Melaka UMNO deputy liaison chairman Datuk Seri Mohamad Ali Mohamad.
He said berkata Sulaiman, who is Lendu State Assemblyman, will continue to hold the post of Melaka Chief Minister until the end of his term as had been agreed.
"The top UMNO leadership and five UMNO division heads in Melaka, namely Kota Melaka, Tangga Batu, Hang Tuah Jaya, Jasin and Alor Gajah have agreed for Sulaiman to be the Chief Minister.
"We hope Sulaiman will continue to hold the post until the end of his tenure, which is for five years," he told reporters here.
Mohamad Ali said this when met at the Sungai Udang state constituency and Tangga Batu parliamentary constituency Aidilfitri Open House on Saturday (May 7) night.
He said this in response to an allegation that was uploaded on a Facebook account on Saturday that Sulaiman has been forced to a sign a resignation letter as Melaka Chief Minister.
Mohamad Ali also said that the Melaka UMNO will continue to support Sulaiman as Chief Minister.
Sulaiman was sworn in as the 13th Chief Minister of Melaka at the Office of the Yang Dipertua Negeri Melaka on Nov 21 last year, after Barisan Nasional won the Melaka state election.
It was the Sulaiman’s second appointment as the Chief Minister of Melaka. He was first appointed to the post on March 9, 2020, replacing Adly Zahari, who was appointed the 11th Chief Minister of Melaka on May 11, 2018.
Keluarga lkl perlu duit untuk right issue oversea. Baguslah, masih ada ~5% stake dalam pasukhas. Bila pasukhas terbang, bolehlah pindahkan wang ke oversea :)
0153 OVERSEA OVERSEA ENTERPRISE BERHAD NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY")RIGHTS ISSUE WITH WARRANTS You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
KUALA LUMPUR (May 9): Food packaging manufacturer SCGM Bhd has sealed a conditional share sale agreement (SSA) to sell its core plastic packaging business to two Japanese firms, Mitsui & Co and FP Corp (FPCO), for RM544.38 million cash.
Of the proposed proceeds of RM544.38 million, SCGM said in a filing with the stock exchange that RM425.56 million has been earmarked for a proposed distribution to its entitled shareholders within nine months.
For illustration purposes, the proposed distribution entails capital reduction and repayment of 36 sen per share, and proposed special dividend of RM1.85 per share. In total, shareholders will receive RM2.21 per share.
The company's share price last traded at RM2.38 last Friday (May 6) for a market capitalisation of RM461 million.
The proposed divestment entails the sale of equity stake in Lee Soon Seng Plastic Industries (LSSPI), which houses the plastic packaging operation.
Mitsui will purchase a 60% equity interest or 63.88 million LSSPI shares for RM326.63 million cash while FPCO will take up the remaining 40% stake or 42.59 million shares for RM217.75 million cash.
SCGM said the board intends to maintain the listing status of the company. Upon completion of the divestment, it will look out for new core businesses to sustain its ongoing concern.
It said the board will seek the exchange's concurrence on whether the company will be deemed as cash company under Paragraph 8.03 and PN16 of the Listing Requirements after the completion of the proposed disposal and use its best endeavours to identify potential new businesses and/or assets to be acquired.
KUALA LUMPUR (May 9): GIIB Holdings Bhd (formerly known as Goodway Integrated Industries Bhd) has appointed Ng Keok Chai, a retired senior police officer, as its adviser to the investigative committee in respect of the ongoing investigation into its suspended executive director, Wong Weng Yew.
Last month, GIIB said it had engaged independent consulting firm PKF Covenant Sdn Bhd to assist the investigative committee in the probe into Wong's management and handling of the group's glove business and accounts.
On the other hand, Wong lodged a police report in respect of the contentious matters involving the company.
In the latest bourse filing, the technical rubber compound provider said the appointment of Ng is to review and provide input and opinion on the investigation reports by the independent consulting firm as well as to provide advisory services in relation to the reports tabled and any such other work deemed necessary by the investigative committee.
Prior to his appointment, Ng served the Royal Malaysia Police for 36 years. He was very much involved in police investigations and specialised in criminal investigation across various fields including commercial crime, general crime and forensic accounting investigation with ample management and special operations experience.
"He was the principal assistant director forensic accounting investigation division, CCID, Royal Malaysia Police, Bukit Aman and had served in commercial crime investigation department until his retirement in year 2019," said GIIB.
To recap, the suspension of Wong, who has been suspended as GIIB's executive director since March 28 to facilitate the probe into alleged suspicious transactions, is currently being extended for another 14 days after the first 14-day suspension expired on April 25.
On April 18, GIIB said it had set up an investigative committee to oversee the investigation into the allegations against Wong, and the newly set up committee needs more time to seek proposals from the independent audit firm to investigate the matter. It also said further announcements would be made on the matter upon the engagement of the independent audit firm.
The committee comprises GIIB independent non-executive directors Yong Wei Sang and Tee Jun Shern, as well as Tai Qiyao, the alternate director to Tai Boon Wee, the company's executive chairman cum chief executive officer.
Wong, 38, was appointed as an executive director on Feb 23 last year, and was responsible for managing the group's finance and accounting operations, according to the group's annual report.
Shares in GIIB closed down 0.5 sen or 6.67% to seven sen, giving it a market capitalisation of RM41 million.
HONG KONG/ LONDON: Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks.
Bitcoin dropped to as low as $32,763.16 shortly before 1100 GMT, in its fifth consecutive session of falling.
The cryptocurrency has dropped 13% so far in May and has lost more than half its value since it hit an all-time high of $69,000 in November last year.
"I think everything within crypto is still classed as a risk asset, and similar to what we've seen with the Nasdaq, most cryptocurrencies are getting pummelled," said Matt Dibb, COO of Singapore-based crypto platform Stack Funds
The tech heavy Nasdaq fell 1.5% last week, and has lost 22% year to date, hurt by the prospect of persistent inflation forcing the U.S. Federal Reserve to hike rates despite slowing growth. Nasdaq futures were down a further 2.3% on Monday.
Dibb said other factors in the decline over the weekend - bitcoin closed on Friday around $36,000 - were the crypto market's notoriously low liquidity over the weekends, and also short lived fears that algorithmic stablecoin called Terra USD (UST) could lose its peg to the dollar.
Stablecoins are digital tokens pegged to other traditional assets, often the U.S. dollar.
UST is closely watched by the crypto community both because of the novel way in which it maintains its 1:1 dollar peg, and because its founders have set out plans to build a reserve of $10 billion worth of bitcoin to back the stablecoin, meaning volatility in UST could potentially spill over into bitcoin markets.
Ether, the world's second largest cryptocurrency, which underpins the ethereum network, fell as low as $2,360 on Monday, its lowest since late February. - Reuters
The Company is a public company limited by shares and is incorporated under the Companies Act in Malaysia. The Company is principally engaged in the business of investment holding and the provision of management services. The principal activities of its subsidiaries are engaged in the Mechanical & Electrical Engineering Services, Civil Engineering and Construction Services, Manufacturing of Low Voltages (“LV”) Switchboards, Trading of Coal, River Sand and Equipment, Renewable Energy, Rental Property and Property Development segments (“the Group”). The year 2021 will no doubt bring a fair share of challenges and opportunities to the Group. With the Coronavirus disease 2019 (COVID-19) pandemic outbreak worldwide, like other companies in the same industry, the immediate prospects for the Group are not encouraging in the event that the macro economic and political climate does not improve drastically. Nevertheless, the Group remains reasonably optimistic as it will continue to leverage on its clients base, internal strength and marketing efforts to secure new contracts from both local and overseas clients. With its solid foundation, and keen eye for integrating suitable acquisition and mergers into its expansion, the Group is expected to maintain sustainable growth and improved profitability for the foreseeable financial years. The Board believe that with the continuous growth in the Energy Utilities Services and Power Generation segment will contribute positively to the financial performance of the Group. The Renewable Energy, i.e. energy utilities services and power generation business, with the long term stable income stream derived from the energy utilities services continue to contribute positively to long term revenue and profits of the Group. On top of the above, the Group will kick start its development project and expand into River Sand Extraction cum Trading segment in the near future.
The development project located off Jalan Tun Razak, Kuala Lumpur. The development project has an estimated gross development value of RM336 million and gross development profit of RM79 million, after deducting gross development costs of approximately RM257 million. PDSB shall be effectively entitled to the whole gross development profit of RM79 million from development project. The development project is estimated to have a gross built-up area of approximately 644,000 square feet with a net floor area of approximately 355,000 square feet comprising the following:- (a) 224 units of serviced apartments with built-up areas ranging from approximately 640 square feet to 4,400 square feet, spread out over 32 storeys; (b) 1 basement car park comprising 42 car park lots; (c) an 8-storey podium comprising 2 storeys of commercial centres with a net floor area of approximately 12,000 square feet and 6 storeys containing a total of 607 car park lots; (d) 9 storeys of commercial offices with a net floor area of approximately 93,000 square feet; and (e) facilities including prayer room, multi-purpose hall, meeting room, childcare centre, kindergarten, laundry, reading room, indoor games room, gymnasium, computer room, hawker centre, workers’ recreational space, medical treatment room, taxi-waiting area and other related amenities.
ANALYSIS OF SHAREHOLDINGS AS AT 29 MARCH 2022 THIRTY LARGEST SECURITIES ACCOUNT HOLDERS (ACCORDING TO THE REGISTER OF DEPOSITORS AS AT 29 MARCH 2022) Names No. of Shares Percentage of Shareholdings (%) 1. AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD. EXEMPT AN FOR LAZARUS CORPORATE FINANCE PTY LTD 98,091,100 5.4880 2. M & A NOMINEE (TEMPATAN) SDN BHD EXEMPT AN FOR SANSTON FINANCIAL GROUP LIMITED (ACCOUNT CLIENT) 71,594,600 4.0056 3. CHONG TONG SIEW 30,000,000 1.6784 4. PUBLIC NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR KHO CHONG YAU (E-TSA) 22,670,000 1.2683 5. CGS-CIMB NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR HEE YUEN SANG (MY2105) 20,000,000 1.1190 6. TAN KIN SENG 13,000,000 0.7273 7. CHUNG KIN CHUAN 11,700,000 0.6546 8. CGS-CIMB NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR ISMAIL BIN AYUB (JLN KENARI-CL) 11,000,000 0.6154 9. CGS-CIMB NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR TAY HOCK SOON (MY1055) 11,000,000 0.6154 10. FIONA GOH ZHOU JEN 9,200,000 0.5147 11. TAN KONG HAN 9,180,000 0.5136 12. LUM YIN MUI 7,750,000 0.4336 13. KENANGA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR MICHAEL HENG CHUN HONG 7,500,000 0.4196 14. AU YOKE THIEN 7,000,000 0.3916 15. TANG MEE CHENG 7,000,000 0.3916 16. CHU WAN CHEK 6,900,000 0.3860 17. DAREN YOON THAI ON 6,900,000 0.3860 18. KAMARUZAMAN BIN ZULKAFLI 6,707,700 0.3753 19. PUBLIC NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR SIA KIE KING (E-LBG) 6,501,300 0.3637 20. CHIA HOOI LIANG 6,500,000 0.3637 21. SJ SEC NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR GOH CHOON KWANG (SMT) 6,373,000 0.3566 22. TAM SHUK YI 6,300,000 0.3525 23. JOSHUA GOH WEN-HANN 6,000,000 0.3357 24. KOH BOON KHWE 6,000,000 0.3357 25. ONG TEONG YEW 5,997,300 0.3355 26. KENANGA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR MARTIN PAU KIN LOONG 5,740,900 0.3212 27. MOHD HAFIZ BIN HALIM (DATO SRI) 5,500,000 0.3077 28. WENDY TAN CHIA LING 5,500,000 0.3077 29. YAP KON HING 5,400,000 0.3021 30. WANG YIN CHAI 5,045,000 0.2823
BUSINESS SUMMARY Pasukhas Group Berhad is a Malaysia-based company, which is engaged in the business of providing mechanical and electrical engineering services. The Company's segments include M&E Engineering Services (M&E), Manufacturing of LV Switchboards (LV), Trading (EQ), Property Development (PD), Renewable Energy (RE) and Rental Property (RP). Its M&E segment is engaged in the provision of water treatment and sewerage industry, palm oil, sugar mills, refineries and other factories. Its LV segment is engaged in sub-distribution for the generation, transmission, distribution and conversion of electric energy and for the control of equipment that consume electric energy. Its EQ segment is engaged in trading of a variety of goods without any specialization. Its PD segment is engaged in civil engineering and construction. Its RE segment is engaged in power plant and electricity supplied. Its RP segment invests in rental properties.
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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
26,658 posts
Posted by Good123 > 2022-05-06 12:14 | Report Abuse
Boleh beratur jika mau syer murah. Mereka yang terdesak akan jualkan semua kpd anda