Rugi sebanyak Rm6.2juta kerana quoted investments in penny stocks of related parties, misuse of power by executive and independent director.. independent directors makan gaji buta...
PASUKHAS GROUP BERHAD Registration No.: 200501009342 (686389-A) FOR THE SECOND (2ND) QUARTER ENDED 30 JUNE 2022 UNAUDITED UNAUDITED CURRENT PERIOD PRECEDING PERIOD TO DATE TO DATE 30 June 2022 30 June 2021 RM'000 RM'000 CASH FLOWS FOR OPERATING ACTIVITIES (Loss)/Profit before taxation (7,713) 181 Adjustments for:- Amortisation of transaction costs capitalised 51 51 Depreciation of plant and equipment 1,259 1,149 Depreciation of investment properties 69 96 Depreciation of right-of-use assets 194 245 Gain on disposal of right-of-use assets - (134) Gain on disposal of plant and equipment (67) (4) Share options to employees 1,513 (283) Interest expense 439 518 Interest income (325) (95) Fair value loss on investment in quoted shares 6,200 - Unrealised gain on foreign exchange (1) (2) Operating profit before working capital changes 1,619 1,722 Increase in inventories (630) - Net increase in contract (5,471) (5,343) Increase in trade and other receivables (23,593) (11,280) Decrease in trade and other payables (15,557) (2,261) CASH FLOWS FOR OPERATING ACTIVITIES (43,632) (17,162) Interest paid (438) (518) Income tax Paid (976) - NET CASH FOR OPERATING ACTIVITIES (45,046) (17,680) CASH FLOWS FOR INVESTING ACTIVITIES Interest received 325 95 Purchase of plant and equipment (82) (409) Additional investment in an existing subsidiary (830) - Proceeds from disposal of plant and equipment 1,500 4 Purchase of other investments (17,727) - NET CASH FOR INVESTING ACTIVITIES (16,814) (310) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from exercise of employees’ share options 9,806 23,404 Net repayment of bankers' acceptances - (796) Repayment of lease liabilities (175) (192) Net repayment of Islamic medium term notes (1,400) (1,300) NET CASH FROM FINANCING ACTIVITIES 8,231 21,116 NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS (53,629) 3,126 EFFECTS OF FOREIGN EXCHANGE TRANSLATION 1 2 CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL PERIOD 71,399 14,509 CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL PERIOD 17,771 17,637 Notes:- UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS The unaudited Condensed Consolidated Statement of Cash Flows should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2021 and the accompanying explanatory notes attached to this interim financial statements.
Proceeds from exercise of employees’ share options RM9,806,000
Directors ambil syer esos, pekerja biasa mana ada wang betapa banyak. Directors dah menguasai pasukhas kini... Tunggu masa untuk jualkan semua dan bersara haha
Sumber: cashflow statement 30.6.2022
PASUKHAS GROUP BERHAD Registration No.: 200501009342 (686389-A) FOR THE SECOND (2ND) QUARTER ENDED 30 JUNE 2022 UNAUDITED UNAUDITED CURRENT PERIOD PRECEDING PERIOD TO DATE TO DATE 30 June 2022 30 June 2021 RM'000 RM'000 CASH FLOWS FOR OPERATING ACTIVITIES (Loss)/Profit before taxation (7,713) 181 Adjustments for:- Amortisation of transaction costs capitalised 51 51 Depreciation of plant and equipment 1,259 1,149 Depreciation of investment properties 69 96 Depreciation of right-of-use assets 194 245 Gain on disposal of right-of-use assets - (134) Gain on disposal of plant and equipment (67) (4) Share options to employees 1,513 (283) Interest expense 439 518 Interest income (325) (95) Fair value loss on investment in quoted shares 6,200 - Unrealised gain on foreign exchange (1) (2) Operating profit before working capital changes 1,619 1,722 Increase in inventories (630) - Net increase in contract (5,471) (5,343) Increase in trade and other receivables (23,593) (11,280) Decrease in trade and other payables (15,557) (2,261) CASH FLOWS FOR OPERATING ACTIVITIES (43,632) (17,162) Interest paid (438) (518) Income tax Paid (976) - NET CASH FOR OPERATING ACTIVITIES (45,046) (17,680) CASH FLOWS FOR INVESTING ACTIVITIES Interest received 325 95 Purchase of plant and equipment (82) (409) Additional investment in an existing subsidiary (830) - Proceeds from disposal of plant and equipment 1,500 4 Purchase of other investments (17,727) - NET CASH FOR INVESTING ACTIVITIES (16,814) (310) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from exercise of employees’ share options 9,806 23,404 Net repayment of bankers' acceptances - (796) Repayment of lease liabilities (175) (192) Net repayment of Islamic medium term notes (1,400) (1,300) NET CASH FROM FINANCING ACTIVITIES 8,231 21,116 NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS (53,629) 3,126 EFFECTS OF FOREIGN EXCHANGE TRANSLATION 1 2 CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL PERIOD 71,399 14,509 CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL PERIOD 17,771 17,637 Notes:- UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS The unaudited Condensed Consolidated Statement of Cash Flows should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2021 and the accompanying explanatory notes attached to this interim financial statement
On 15 June 2022, the Company announced that the Company has on 15 July 2022, received a notice in writing dated 14 July 2022 from Messrs. Crowe Malaysia PLT ("Crowe") on their resignation as Auditors of the Company. Pursuant to Section 281(2) of the Companies Act 2016, the term of office of Crowe will end on 14 July 2022. The resignation of Crowe is on a voluntary basis, as the Company could not reach a consensus on the proposed audit fees.
The Malaysian economy grew by 5.0% in the first quarter of 2022 (4Q 2021: 3.6%). Growth was supported mainly by higher domestic demand as economic activity continued to normalise with the easing of containment measures. The improvement also reflects the recovery in the labour market and continued policy support. In addition, strong external demand, amid the continued upcycle in global technology, provided a further lift to growth. In terms of economic activity, the services and manufacturing sectors continued to drive growth. On a quarter-on-quarter seasonally-adjusted basis, the economy registered an increase of 3.9% (4Q 2021: 4.6%). On 30 May 2022, the Company announced that Pasukhas Sdn Bhd, a wholly-owned subsidiary, had on 26 May 2022 accepted a letter of award from Exyte Malaysia Sdn Bhd, for the substructure and superstructure works of K10 general During the quarter, domestic demand expanded by 4.4% (4Q 2021: 1.9%). Growth was supported by higher consumption and improvement in investment activities amid the normalisation of economic activity. On the external front, demand for Malaysia’s exports, particularly for electrical and electronics products, remained strong. On 26 July 2022, the Company announced that Pasukhas Sdn Bhd, a wholly-owned subsidiary of the Company, had accepted a letter of confirmation of award from Salcon Engineering Berhad, for the execution and completion of electrical works including cabling, earthing, external lighting and equipment installation for Water Treatment Plant Telibong II, Tamparuli with a sub-contract sum of RM11.340 million. On 11 August 2022, the Company announced that Pasukhas Construction Sdn Bhd, a wholly-owned subsidiary of the Company, had accepted a letter of award from Exyte Malaysia Sdn Bhd, for the concrete substructure works for head building of Dexcom Malaysia Factory 3 Project, Penang with a contract value of RM 7.084 million
Kalau betul2 buat biz, mestilah untung, kontrak dalam tangan ~RM100juta, projek yayasan atm ~RM338juta...Usah curi duit pemegang syer minoriti melalui esos yang keterlaluan kpd pengarah2 dan belian stok penny sykt2 rugi related parties, khinzir!
Prospects (Continued) 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.
On the property development front, the Group has entered into a joint venture agreement with Yayasan to undertake a mixed development project located at Jalan Tun Razak, Kuala Lumpur with an estimated gross development value of RM338.0 million. The Group has not issued any profit forecast or profit guarantee during the current financial quarter under review. Premised on the above and after considering the overview of the Malaysian economy as well as the construction and property market in the longer term, the Board remains cautiously optimistic of the future prospects of the Group.
The directors should be put into jail for manipulating esos and/or misusing shareholders'funds to buy related parties loss-making penny stocks like rosmah :)
Cosec juga dah cabut, takut masuk jel kot? Baru punya kini :)
Change of Company Secretary PASUKHAS GROUP BERHAD
Date Of Change 01 Sep 2022 Type Of Change Appointment Designation Company Secretary License No MAICSA 7047163 Name WONG YUET CHYN Working experience and occupation during past 5 years
Announcement Info Company Name PASUKHAS GROUP BERHAD Stock Name PASUKGB Date Announced 01 Sep 2022 Category Change of Company Secretary Reference Number C06-30082022-00005
Next, directors and independent directors of pasukhas kot? :)
KUALA LUMPUR (Sept 1): Bursa Malaysia Securities Bhd has publicly reprimanded Anzo Holdings Bhd and three of its directors for breaches of the Bursa Malaysia Securities Main Market Listing Requirements (LR).
The three directors were imposed a total fine of RM300,000 for breaches of related-party transactions (RPTs) and failure to notify shareholders of operations diversification.
Managing director Datuk Chai Woon Chet was fined RM150,000.
Meanwhile, former independent non-executive chairman Datuk Seri Abdul Azim Mohd and former independent non-executive director Chong Khing Chung were fined RM75,000 each. The duo resigned on May 30 and June 1 this year.
“Bursa Malaysia Securities views the contraventions seriously, as the requirements to make an immediate announcement of material information and obtain prior shareholders’ approval for material RPTs and diversification in operations are fundamental to aid investors to make informed investment decisions, protect the interest of shareholders and allow them an opportunity to consider, in a timely manner, transactions which have the potential of adversely affecting their interests,” the regulator said.
Anzo failed to make an immediate announcement on the supply agreement with CSTME Resources Sdn Bhd (CSTME) for the supply of copper scrap, which was approved by the board on June 16, 2020. The deal was only announced on June 25, 2020.
The company failed to issue a circular and obtain shareholders’ prior approval in relation to the deal; and to appoint an independent adviser and a main adviser before the terms of the deal were agreed upon.
With regard to the diversification of the existing business to include trading of industrial products, Bursa said Anzo failed to obtain prior shareholders’ approval.
The regulator reminded Anzo and its board of directors of their responsibility to maintain the appropriate standards of corporate responsibility and accountability to its shareholders and the investing public.
Anzo’s share price closed unchanged at 1.5 sen on Thursday (Sept 1), valuing it at RM16.74 million.
KUALA LUMPUR: Bursa Malaysia has reprimanded Pasdec Holdings Bhd and seven of its directors for breaching the Main Market listing requirements.
Bursa said in a statement that the seven directors were imposed total fines of RM468,000.
The directors included Tan Sri Zulkiple Kassim who was fined RM61,800, Datuk Sri Tew Kim Thin and Tew Kim Kiat with fines totalling RM79,500 each.
Other directors were Sharina Bahrin, Datuk Sri Sharifuddin Ab. Ghani, Dauk Kamarul Arifin Ahmad @ Abd Rahman and Datuk Mohd Faizal Jaafar who were all fined a total of RM61,800 each.
Bursa noted Pasdec was reprimanded for failing to issue the annual report that included the audited financial statements together with the auditors' and directors' reports for the financial year ended Dec 31, 2019 (FY19) within the extended timeframe of July 31, 2020.
The company had only issued the annual report on October 27 2020, after a delay of 59 market days.
The company also failed to ensure that its fourth quarterly report for FY19 announced on Feb 28, 2020 took into account the adjustments stated in its announcement dated Oct 27, 2020.
"Pasdec had reported an unaudited loss attributable to owners of the company of RM16.362 million in the quarterly report announced on February 28, 2020 as compared to an audited loss attributable to owners of the company of RM27.502 million in the audited financial statements for FY19 announced on October 27, 2020.
"The difference of RM11.14 million represented a variance of 68.1 per cent," it said.
Bursa said Pasdec was required to carry out a limited review on its quarterly report submission.
"The limited review must be performed by the company's external auditors for four quarterly reports commencing no later from the quarterly report for the financial period ended September 30, 2022.
"In addition, Pasdec must ensure that all the seven directors and its relevant personnel attend a training programme in relation to compliance with the Main listing requirements pertaining to financial statements," it said.
Kalau dulu bersubahat dengan pengarah2, juga kenalah jika pemegang2 syer mendakwa nanti :)
0177 PASUKGB PASUKHAS GROUP BERHAD Change of Company Secretary Date of Change: 01/09/2022 Type of Change: Resignation Designation: Others Name: TAN TONG LANG Age: 0 Country: Nationality: Working Experience: null Remarks: 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 Submitted By:
0177 PASUKGB PASUKHAS GROUP BERHAD Change of Address Change Registered Address: Old Address: Address 1: Level 5, Block B, Dataran PHB Address 2: Saujana Resort, Section U2 Address 3: City: Shah Alam Postcode: 40150 State: Selangor Country: Malaysia New Address: Address 1: A1-2-2 Solaris Dutamas Address 2: No. 1 Jalan Dutamas 1 Address 3: City: Kuala Lumpur Postcode: 50480 State: Wilayah Persekutuan Country: Malaysia Telephone No: 03-64133271 Facsimile: 03-64133271 Email: yuetchyn@wscs.com.my Effective Date: 01/09/2022 Remarks: 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
Profile for Securities of PLC PASUKHAS GROUP BERHAD Instrument Category Securities of PLC Instrument Type Warrants Description FREE DETACHABLE WARRANTS IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("WARRANTS A") ISSUED PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 992,394,438 NEW ORDINARY SHARES IN THE COMPANY ("PASUKHAS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 578,896,755 WARRANTS A ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS A FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JUNE 2021 Listing Date 21 Jul 2021 Issue Date 15 Jul 2021 Issue/ Ask Price Not Applicable Issue Size Indicator Unit Issue Size in Unit 578,660,588 Maturity Mandatory Maturity Date 14 Jul 2024 Revised Maturity Date Name of Guarantor Not Applicable Name of Trustee Not Applicable Coupon/Profit/Interest/Payment Rate Not Applicable Coupon/Profit/Interest/Payment Frequency Not Applicable Redemption Not Applicable Exercise/Conversion Period 3.00 Year(s) Revised Exercise/Conversion Period Not Applicable Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) 0.1000 Revised Exercise/Strike/Conversion Price Not Applicable Exercise/Conversion Ratio 1:1 Revised Exercise/Conversion Ratio Not Applicable Mode of satisfaction of Exercise/ Conversion price Cash Settlement Type/ Convertible into Physical (Shares)
Jika Ada pihak terkenal ambil alih pasukhas, naik gila nanti :)
KUALA LUMPUR (Sept 1): Pertama Digital Bhd’s share price rose 11% on Thursday (Sept 1), after the group announced the emergence of former chief justice Tun Zaki Azmi as a major shareholder.
The counter closed up 13 sen to RM1.30, its highest since July 29, 2010, when it closed at RM1.346. It was the day's 11th biggest gainer on Bursa Malaysia with 11.14 million shares exchanging hands.
At the current price, Pertama Digital has a market capitalisation of RM563.37 million.
In a filing on Thursday (Sept 1), the group said it has redesignated Zaki from independent non-executive chairman to non-independent non-executive chairman after he became a major shareholder of Pertama Digital with an 11.538% stake via the acquistion of 50 million shares by his vehicle Mypay Capital Sdn Bhd for RM25 million.
Additionally, Zaki’s wife Nik Sazlina Mohd Zain bought five million shares for RM2.5 million, raising her stake to 1.154% from 1.12% previously.
Both transactions took place last Thursday (Aug 25), according to the filing. Following these transcations, the couple are deemed to have an indirect interest of 13.813% in Pertama Digital.
The group’s largest shareholder is Perfect Hexagon Commodity with a 23.04% stake, according to Bloomberg data.
Pertama Digital posted a net loss of RM24,000 on a revenue of RM1.21 million for the second quarter ended June 30, 2022.
OTHERS PASUKHAS GROUP BERHAD ("PASUKHAS" OR "THE COMPANY") - ACCEPTANCE OF LETTER OF AWARD BY PASUKHAS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FROM EXYTE MALAYSIA SDN. BHD. PASUKHAS GROUP BERHAD
Type Announcement Subject OTHERS Description PASUKHAS GROUP BERHAD ("PASUKHAS" OR "THE COMPANY") - ACCEPTANCE OF LETTER OF AWARD BY PASUKHAS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FROM EXYTE MALAYSIA SDN. BHD. The Board of Directors of Pasukhas wishes to announce that Pasukhas Sdn. Bhd., a wholly-owned subsidiary of the Company, had on 2 September 2022 received a signed copy of the Letter of Award dated 30 August 2022 from Exyte Malaysia Sdn. Bhd., for the supply, execution and completion of KUL MY DTC-03 Data Centre at Cyberjaya, Selangor for package C07-1 Substructure & Architecture, with a contract value of RM11,899,418.16 (Ringgit Malaysia Eleven Million Eight Hundred and Ninety-Nine Thousand Four Hundred Eighteen and Cents Sixteen Only).
Please refer to the attachment for further details.
This announcement is dated 2 September 2022.
Please refer attachment below.
Attachments PGB - Announcement - LOA from EMSB.pdf 142.8 kB
Announcement Info Company Name PASUKHAS GROUP BERHAD Stock Name PASUKGB Date Announced 02 Sep 2022 Category General Announcement for PLC Reference Number GA1-01092022-00079
Company : PASUKHAS GROUP BERHAD (“PASUKHAS” OR THE “COMPANY”) Subject : OTHERS Description : ACCEPTANCE OF LETTER OF AWARD BY PASUKHAS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FROM EXYTE MALAYSIA SDN. BHD. 1. INTRODUCTION The Board of Directors of Pasukhas (“Board”) wishes to announce that Pasukhas Sdn. Bhd. (“PSB”), a wholly-owned subsidiary of the Company, had on 2 September 2022 received a signed copy of the Letter of Award (“LOA”) dated 30 August 2022 from Exyte Malaysia Sdn. Bhd. (“EMSB”), for the supply, execution and completion of KUL MY DTC-03 Data Centre at Cyberjaya, Selangor for package C07-1 Substructure & Architecture (“the Work”), with a contract value of RM11,899,418.16 (Ringgit Malaysia Eleven Million Eight Hundred and Ninety-Nine Thousand Four Hundred Eighteen and Cents Sixteen Only) (“Contract Sum”). (PSB and EMSB are collectively referred to as the “Parties”.) 2. INFORMATION ON PARTIES 2.1 Information on PSB PSB was incorporated in Malaysia on 23 September 1985 as a private company limited by shares under the Companies Act, 1965. PSB is a wholly-owned subsidiary of Pasukhas. PSB is principally involved in design, civil engineering, construction business and related activities. As at the announcement date, the issued and paid-up share capital of PSB is RM10,000,000 comprising of 10,000,000 ordinary shares of PSB. 2.2 Information on EMSB EMSB was incorporated in Malaysia on 16 December 2003 as a private company limited by shares under the Companies Act, 1965. EMSB is principally involved in provision of construction, installation of facilities and building services as a contractor. As at the announcement date, the issued and paid-up share capital of EMSB is RM10,000,000.00 comprising of 10,000,000 shares of EMSB. 3. DETAILS OF THE LOA The scope of works shall comprise of preliminaries, interfacing work and handling over in approved working order and remedying any defects in accordance with the LOA. The date of commencement of the Work is at the site by 1 September 2022. 4. RATIONALE AND PROSPECTS OF THE LOA The LOA is in line with the Company’s expansion of business and strategy to increase the Company’s revenue.
5. RISK FACTORS There are no foreseeable significant risks other than operational risk associated with the LOA. 6. FINANCIAL EFFECTS The Board is of the view that, the LOA will not have any material effect on the issued share capital and substantial shareholders’ shareholdings of the Company as there is no issuance of new ordinary shares in the Company. The LOA is expected contribute positively to the Company’s future earnings, earnings per share and enhance the consolidated net assets of the Company while the Group’s gearing will depend on, amongst others, the manner of funding for the LOA. 7. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDER AND/OR PERSONS CONNECTED TO THEM None of the directors, major shareholder and/or persons connected to them has any interest, direct or indirect in the LOA. 8. APPROVALS REQUIRED The LOA is not subject to the approval of the shareholders of the Company or any regulatory authorities. 9. DIRECTORS’ STATEMENT The Board, having considered the rationale, prospects and all other relevant aspects of the LOA, is of the opinion that the LOA is in the best interest of the Company. This announcement is dated 2 September 2022.
Earnings persistence, institutional investors monitoring and types of political connections Tee, C. M. & Rasiah, P., 14 Sep 2020, In: Asian Review of Accounting. 28, 3, p. 309-327 19 p. Research output: Contribution to journal › Article › Research › peer-review
Ethnic board diversity, earnings quality and institutional investors: evidence from Malaysian corporate boards Tee, C. M. & Rassiah, P., Dec 2020, In: Accounting & Finance. 60, 4, p. 4257-4290 34 p. Research output: Contribution to journal › Article › Research › peer-review
KUANTAN: Pasaran modal domestik kekal teratur dengan pasaran ekuiti mencatat aliran masuk tunai bersih sebanyak RM6.3 bilion setakat Julai lalu biarpun dalam keadaan tidak menentu kebelakangan ini, kata Pengerusi Bursa Malaysia Bhd, Tan Sri Abdul Wahid Omar.
Beliau berkata, pasaran modal Malaysia turut berkembang dengan jumlah permodalan pasaran berjumlah RM1.79 trilion atau 116 peratus daripada Keluaran Dalam Negara Kasar (KDNK) pada akhir 2021.
Menurutnya, pengembangan berterusan pasaran modal domestik itu turut mewujudkan peluang simpanan alternatif serta instrumen pelaburan lebih meluas untuk segmen runcit yang membolehkan penyertaan orang awam.
"Selaras dengan perkembangan Malaysia ke arah sebuah negara yang berpendapatan tinggi, pasaran modal domestik juga harus menggalakkan lebih banyak penyertaan pelabur runcit bagi memangkin pertumbuhan ekonomi dan menyokong pertumbuhan jangka panjang dan mampan negara," katanya.
Beliau berucap pada Karnival Saham Pahang Bersama Bursa Malaysia di Kompleks Yayasan Pahang yang dirasmikan oleh Menteri Besar, Datuk Seri Wan Rosdy Wan Ismail dan turut dihadiri oleh Timbalan Menteri Kewangan 1, Datuk Mohd Shahar Abdullah, di sini, semalam.
Dalam pada itu, Abdul Wahid berkata sejumlah 34 syarikat senaraian awam terbabit dengan aktiviti di Pahang yang membabitkan jumlah permodalan pasaran sebanyak RM108.5 bilion atau tujuh peratus daripada KDNK.
"Bagi segmen runcit, secara amnya purata nilai dagangan harian (ADV) dalam kalangan pelabur runcit menunjukkan sedikit penurunan daripada RM1.6 bilion pada 2020 kepada RM1.3 bilion pada 2021 dengan pembabitan Pahang masih di tahap rendah," katanya.
Sehubungan itu, Abdul Wahid menyifatkan program Karnival Saham Pahang menjadi sebahagian daripada usaha Bursa Malaysia untuk menyuntik kesedaran masyarakat negeri itu mengenai pelaburan awal, sekali gus meningkatkan bilangan pelabur runcit.
Menurutnya, initiatif utama lain termasuk Bursa Marketplace yang mengetengahkan alat pelaburan utama bagi mempelajari asas-asas pelaburan manakala Bursa Academy iaitu platform e-pembelajaran sehenti menawarkan ilmu mengenai tiga pasaran iaitu ekuiti, derivatif dan pasaran modal Islam.
Selain itu, beliau turut mengingatkan mengenai lonjakan skim penipuan pelaburan dan kemunculan individu 'pakar pelaburan' tidak bertauliah berikutan ketidaktentuan pasaran global yang boleh mencetuskan ancaman kewangan kepada pelabur baharu.
"Adalah penting untuk pelabur mempunyai pengetahuan serta alat pelaburan yang betul bagi mengelak daripada menjadi mangsa penipuan pelaburan itu," katanya.
Sementara itu, bercakap kepada pemberita, Wan Rosdy berharap rakyat Pahang bijak untuk membuat keputusan pelaburan yang tepat.
"Program ini amat baik untuk memberi pendedahan pelaburan kepada masyarakat. Apa yang penting adalah mempunyai ilmu untuk melabur sama ada di bursa saham atau (unit amanah) ASB," katanya.
KUALA LUMPUR: Pasukhas Sdn Bhd, anak syarikat milik penuh Pasukhas Group Bhd dianugerahkan kontrak untuk membekal, melaksana dan menyiapkan sebuah pusat data di Cyberjaya.
Kontrak bernilai RM11.9 juta itu dianugerahkan oleh Exyte Malaysia Sdn Bhd, kata Pasukhas dalam makluman kepada Bursa Malaysia hari ini.
Ia berkata, skop kerja merangkumi kerja-kerja awal dan antara muka, selain mengendalikan tempahan kerja diluluskan dan baik pulih kerosakan.
"Tarikh mula kerja adalah pada 1 September. Ia dijangka menyumbang secara positif kepada perolehan masa depan kumpulan dan perolehan sesaham," katanya.
Bulan lalu, Pasukhas, menerusi anak syarikat, Pasukhas Construction Sdn Bhd memperoleh kontrak bernilai RM7.08 juta daripada Exyte Malaysia untuk melaksanakan kerja substruktur kontrik bagi bangunan utama projek Kilang 3 Dexcom Malaysia di Pulau Pinang.
KUALA LUMPUR (Sept 2): Pasukhas Group Bhd's wholly owned subsidiary, Pasukhas Sdn Bhd, has been awarded a contract for the supply, execution and completion of a data centre in Cyberjaya.
The contract, worth RM11.9 million, was awarded by Exyte Malaysia Sdn Bhd, the group said in a Bursa Malaysia filing dated Sept 2.
The scope of work comprises preliminaries and interfacing works, as well as the handling of approved working order and the remedy of defects.
The commencement date for the work was Sept 1. It is expected to contribute positively to the group's future earnings and earnings per share, Pasukhas added.
Last month, Pasukhas, via its unit Pasukhas Construction Sdn Bhd, secured a contract worth RM7.08 million from Exyte Malaysia to undertake concrete substructure work for the head building of the Dexcom Malaysia Factory 3 project in Penang.
Shares in Pasukhas closed unchanged at 1.5 sen on Friday (Sept 2), with a market capitalisation of RM28.58 million.
Corporate governance is a set of process, rules and regulations that give effect on the way business is run and operated. In a simple word, corporate governance is how managers run business in an efficient and effective manner. This paper discusses the importance and the essential issues in corporate governance. It also deliberates on the important elements of good governance practices in developed and developing economies and the role of governance in improving economic efficiency. There has been renewed interest in corporate governance both internationally as well as in Malaysia due to the spate of corporate scandals. The Asian Financial Crisis in 1997/1998 has shown how fragile the Malaysian corporations are to changes in capital market and their failures attributed to weak corporate governance practices. Governments around the globe are giving serious attention to this issue and have taken various measures to ensure that the trust and confidence in their respective capital markets. The Malaysian government has initiated various measures like introducing the Malaysian Code on Corporate Governance and the revamping of the Bursa Malaysia Listing Requirements to accommodate governance requirements. Consistent with the general public expectation of fairness in business dealings, transparent financial reporting, management accountability and socially responsible corporate, good corporate governance will help in ensuring proper and effective system in place that facilitate efficient use of scarce resources to increase long term shareholders value.
IS CORPORATE GOVERNANCE INDISPENSABLE? As markets become globally competitive, most countries are placing greater reliance on the private sector to catalyze their economic growth. Corporate governance becomes an indispensable guide to help economic entities to employ assets efficiently, attract low cost capital, meet societal expectations and improve overall performance. Good corporate governance should allow management to act in the best interest of the corporation, and contribute to business prosperity through transparency and accountability. From the firm’s perspective, the relevance of corporate governance seems to increase shareholders’ wealth through better stock selections (McKinsey, 2002). Ganesan (2003) suggests five key contributions of good corporate governance to a corporation: (i) creation and enhancement of a corporation’s competitive advantage; (ii) providing protection to shareholders’ interest; (iii) affecting the valuation of an enterprise; (iv) enabling a corporation to perform efficiently and preventing fraud; and (v) ensuring compliance with laws and regulations. Irrespective of the corporate objective, effective governance ensures that boards and managers are accountable for all decisions relating to the desired objective. Effective corporate governance will encourage efficient use of scarce resources for the production of goods and services most in demand, and consequently maximize stakeholders’ wealth.
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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
24,742 posts
Posted by Good123 > 2022-09-01 09:03 | Report Abuse
Pasukhas sudah profitable bagi biznya..
Rugi sebanyak Rm6.2juta kerana quoted investments in penny stocks of related parties, misuse of power by executive and independent director.. independent directors makan gaji buta...
PASUKHAS GROUP BERHAD Registration No.: 200501009342 (686389-A)
FOR THE SECOND (2ND) QUARTER ENDED 30 JUNE 2022
UNAUDITED
UNAUDITED
CURRENT PERIOD PRECEDING PERIOD
TO DATE
TO DATE
30 June 2022
30 June 2021
RM'000
RM'000
CASH FLOWS FOR OPERATING ACTIVITIES
(Loss)/Profit before taxation
(7,713)
181
Adjustments for:-
Amortisation of transaction costs capitalised
51
51
Depreciation of plant and equipment
1,259
1,149
Depreciation of investment properties
69
96
Depreciation of right-of-use assets
194
245
Gain on disposal of right-of-use assets
-
(134)
Gain on disposal of plant and equipment
(67)
(4)
Share options to employees
1,513
(283)
Interest expense
439
518
Interest income
(325)
(95)
Fair value loss on investment in quoted shares
6,200
-
Unrealised gain on foreign exchange
(1)
(2)
Operating profit before working capital changes
1,619
1,722
Increase in inventories
(630)
-
Net increase in contract
(5,471)
(5,343)
Increase in trade and other receivables
(23,593)
(11,280)
Decrease in trade and other payables
(15,557)
(2,261)
CASH FLOWS FOR OPERATING ACTIVITIES
(43,632)
(17,162)
Interest paid
(438)
(518)
Income tax Paid
(976)
-
NET CASH FOR OPERATING ACTIVITIES
(45,046)
(17,680)
CASH FLOWS FOR INVESTING ACTIVITIES
Interest received
325
95
Purchase of plant and equipment
(82)
(409)
Additional investment in an existing subsidiary
(830)
-
Proceeds from disposal of plant and equipment
1,500
4
Purchase of other investments
(17,727)
-
NET CASH FOR INVESTING ACTIVITIES
(16,814)
(310)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from exercise of employees’ share options
9,806
23,404
Net repayment of bankers' acceptances
-
(796)
Repayment of lease liabilities
(175)
(192)
Net repayment of Islamic medium term notes
(1,400)
(1,300)
NET CASH FROM FINANCING ACTIVITIES
8,231
21,116
NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS
(53,629)
3,126
EFFECTS OF FOREIGN EXCHANGE TRANSLATION
1
2
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL PERIOD
71,399
14,509
CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL PERIOD
17,771
17,637
Notes:-
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
The unaudited Condensed Consolidated Statement of Cash Flows should be read in conjunction with the audited financial statements of the Group for the
financial year ended 31 December 2021 and the accompanying explanatory notes attached to this interim financial statements.