Posted by Good123 > 2022-09-05 11:21 | Report Abuse

For corporations to succeed in competitive markets, corporate managers must
improvise new strategies to meet changing demands. This requires managers to have some
level of discretion in making decisions within the context of existing laws, regulations and
expectations of the stakeholders. This requires a structured and independent mechanism to
monitor of management decisions; transparency of corporate performance, ownership and
control; and participation in certain fundamental decisions by shareholders. Thus corporate
governance can be an effective measure of oversight and hold boards and managers
accountable in their management of corporate assets. This oversight and accountability
combined with the efficient use of resources, improved access to lower cost capital and
increased responsiveness to societal needs and expectations should lead to improved
corporate performance. Corporate governance may not guarantee improved corporate
performance at the individual company level, as there are too many other factors that have
impact on performance. But it should make it more likely for the company to respond
rapidly to changes in business environment, crisis and the inevitable periods of decline. It
should help reduce managerial complacency and help them focus on improving firm
performance, with the clear understanding that they will be replaced if they fail their
obligations.
Effective corporate governance will mitigate corruption in business dealings. Poor
corporate governance becomes the premise to breed corrupt practices in business and
political circles. Good corporate governance facilitates early identification and elimination
of such practices, thereby providing a more conducive cost effective environment for
foreign and domestic investments.

Posted by Good123 > 2022-09-05 11:22 | Report Abuse

ESSENTIALS OF CORPORATE GOVERNANCE
In developed countries, the discussion of corporate governance is usually in the context of
the rule of law designed to facilitate economic growth. Governance is seen from the
perspective of laws that recognize shareholders as the legitimate owners of the corporation
and require the equitable treatment of minority and foreign shareholders; enforcement
mechanisms through which these shareholder rights can be protected; securities, corporate
and bankruptcy laws to prevent bribery that enable corporations to transform; anticorruption laws to prevent bribery and protections against fraud on investors; sophisticated
courts and regulators; an experienced accounting and auditing sector, and significant
corporate disclosure requirements. Developed countries are also more likely to have welldeveloped private sector institutions, such as organizations of institutional investors, and
professional associations of directors, corporate secretaries and managers, as well as rating
agencies, security analysts and a sophisticated financial press to facilitate good practices.
Most developing and emerging market nations (including Malaysia) have yet to
improve on their market micro-infrastructure such as the legal and regulatory systems,
enforcement capacities and private sector institutions required to support effective
corporate governance. Therefore, corporate governance reform efforts in these nations
often need to focus on the fundamental framework. Reform needs vary, but often include
basic stock exchange development, the creation of systems for registering share ownership,
the enactment of laws for basic minority shareholder protection from potential self-dealing
by corporate insiders and controlling shareholders, the education and empowerment of a
financial press, the improvement of audit and accounting standards, and a change in culture
and laws against bribery and corruption as an accepted way of doing business (Gregory
and Simms, 1999).
4
In addition to differences in the market micro-infrastructure to effectively enforce
good governance practice, nations differ widely in cultural values that mould the
development of their financial infrastructure and corporate governance. These differences
in culture require improvising the enforcement of governance practices to palliate with
local requirements.
Ultimately, corporate governance and the framework that supports it must have
relevance to a nation's own unique legal environment. While common elements of
effective governance can be identified to enable national systems to attract global capital
and heighten investor confidence and some market driven convergence of systems might
be inevitable but must be in compliance with each nation and the private sector’s
requirement.
Millstein Report (1998) suggests that government’s support in corporate
governance is essential in the following areas to instill investor confidence and attract
foreign investment: (i) ensuring the protection of shareholder rights, including the rights of
minority and foreign shareholders, and ensuring the enforceability of contracts with
resource providers (fairness); (ii) requiring timely disclosure of adequate, clear and
comparable information concerning corporate financial performance, corporate governance
and corporate ownership (transparency); (iii) clarifying governance roles and
responsibilities, and supporting voluntary efforts to ensure the alignment of managerial and
shareholder interests, as monitored by boards of directors (accountability); and (iv)
ensuring corporate compliance with the other laws and regulations that reflect the
respective society's values (responsibility).

Posted by Good123 > 2022-09-05 11:24 | Report Abuse

Corporate governance can help improve economic efficiency by helping to focus on valueenhancing activities and therefore governance helps allocate resources more efficiently and
engage in activities that improve the ex-post bargaining in their favor. As Shleifer and
Vishny (1989) argue, a manager will be inclined to focus on activities that he is best at
managing because his marginal contribution is greater, and this consequently increases his
share of ex-post rents, or his bargaining power for residual control rights.
Another area where governance may improve economic efficiency is in the ex-post
bargaining phase for rents. That is, governance may affect the level of coordination costs
or the extent to which a party is liquidity-constrained. If residual control rights are assigned
to a large, diverse group, the existence of free-riders in the group may create an inefficient
bargaining system. Also, if a party wishes to engage in a transfer of control rights but he is
liquidity-constrained, inefficient bargaining may again occur as the transaction may not be
agreed upon (Zingales, 1995).
A third way that governance may effect overall economic efficiency is through the
level and distribution of risk. Assuming that the engaged parties have different risk
aversions, corporate governance can then act to efficiently allocate risk to those who are
least risk-averse (Fama and Jensen, 1983), which improves the total surplus for the parties
involved.
In general, it is also important to recognize that strong governance in a developed
capital markets promotes an efficient medium for allocation of scarce resources between
savers and borrowers and also provides some measure of security for lenders of capital.
The nature of the firm requires that financiers, or lenders of capital, will indeed lend their
money to managers who will in turn run a firm and hopefully create a return for the
5
financiers. If the financiers are not confident of receiving their capital back at some point
in the future, they would not be inclined to provide managers with capital and, as a result,
innovation and industrial progression would be at stake. Strong governance helps to
maintain investors’ confidence in the capital markets and helps to improve overall
efficiency in this manner.

Posted by Good123 > 2022-09-05 11:40 | Report Abuse

Permaju NTA 15sen, P/B ~5/15= 0.33+, Pasukhas NTA 11sen, P/B = 0.33+, pasukhas price should rise to ~4sen .... sabar ya!

Lebih banyak projek diperoleh drp permaju, balik 5 - 10sen pun tak mustahil :)

Posted by Yu_and_Mee > 2022-09-05 11:48 | Report Abuse

wah, this type of calculation also can pakai? salute. No wonder so many small fishes losing money because of believe in "special calculation".

Posted by Good123 > 2022-09-05 12:00 | Report Abuse

KUALA LUMPUR: Net buying activities from foreigners continued on Bursa Malaysia last week as they net bought RM190.9 million of equities, slightly lower than RM244.6 million recorded in the week prior.

This was the seventh consecutive week of net inflows from foreigners and also the second longest streak of foreign net buying for this year.

"Foreigners were net sellers only on Thursday at a rate of RM90.1 million but were net buyers for the rest of the week.

"The heaviest inflow of RM219.6 million was recorded on Tuesday, while Monday and Friday saw inflows of RM61.0 million and RM0.4 million respectively.

"The market was closed on Wednesday in conjunction with Malaysia's Merdeka Day," said MIDF Research in a note.

The top three sectors with the most net inflows by foreigners last week were financial services, consumer products and services and utilities at RM201.7 million, RM58.4 million and RM51.6 million respectively.

The highest net outflows were industrial products and services at RM102.8 million, technology at RM51.4 million and plantation at RM26.6 million.

Local institutions remained net sellers after they net sold RM233.2 million last week.

The amount that they sold was RM66.4 million on Monday and RM252.2 million on Tuesday.

They turned to net buyers after the market reopened on Thursday at a rate of RM79.1 million and RM6.3 million on Friday, but these were not enough to offset the outflows recorded earlier in the week, said MIDF Research.

"Local retailers were still on a net buying spree last week after they bought RM42.6 million worth of equities.

"They were net buyers during every trading day except for Friday," it noted.

In terms of participation, there was a decrease in average daily trade value (ADTV) among retail and institutional investors by 4.5 per cent and 1.2 per cent respectively, while foreign investors recorded growth of 60.3 per cent in ADTV.

The FTSE Bursa Malaysia KLCI closed 0.6 per cent lower to 1,491.18 points on Friday.

As for the ringgit, it saw a weekly depreciation of 0.4 per cent against the US dollar to close at 4.4862 last week, while the Brent crude oil price declined 7.9 per cent for the week to end at US$93.02 per barrel.

Posted by Good123 > 2022-09-05 14:20 | Report Abuse

Ceo on contract is normal... Maybe old or performance-based

Majuperak CEO on garden leave two months ahead of service contract expiry | https://www.klsescreener.com/v2/news/view/1039955

Posted by Good123 > 2022-09-05 15:41 | Report Abuse

Merger dengan permaju, share swap 1:1 bagi pasukhas, sanggup? :)

Posted by Good123 > 2022-09-05 16:39 | Report Abuse

Masa keemasan bagi mereka Yang berani :)

PASUKHAS GROUP: (PSK MK, CP: MYR0.015, Not Rated) Bagged MYR11.9m project; jobs flow has improved but…
Maybank IBG Retail Research

Pasukhas announced that its wholly-owned subsidiary Pasukhas S/B (PSB) has received an award from Exyte Malaysia S/B to supply, execute and complete the KUL MY DTC-03 Data Centre at Cyberjaya, Selangor. The contract, which is worth MYR11.9m, commenced on 1 Sep 22.

With the latest project award, Pasukhas has secured a total of MYR61.5m projects YTD. This will lift its outstanding order book to an estimated MYR111.9m, equivalent to c.1.4x FY21 revenue. Despite improvement in jobs flow, execution risk is key given its volatile earnings track record (losses since FY18).

Besides construction projects (mainly civil engineering and construction services), Pasukhas also has an energy utilities services and power generation unit, which provides a long term stable income stream. Currently, it owns and operates a mini hydro plant at Sungai Rek, Kelantan over a 21-year lease period.

On property development, Pasukhas has kicked start its maiden development project located off Jalan Tun Razak, Kuala Lumpur. The project has an estimated gross development value of MYR338m with an estimated gross development profit of MYR81m.

Moving forward, the reopening of economy bodes well for the construction and property sectors, which in turn, should translate to improved jobs flow. A wild card to take note is that management has mentioned that it will expand into river sand extraction cum trading activity in the near term.

Having said so, investors with lower risk appetite should stay on the sidelines, pending its turnaround. Valuation wise, PB is preferred here. At current price, the stock is trading at a PB of 0.2x (as at Jun 2022), which is lower than its 3-year historical average PB of 0.5x. Warrants are not included in BV/sh computation as they are out-of-the-money. Balance sheet wise, its net cash stood at MYR4.2m (including money market instruments) at end-Jun 2022.

Posted by Good123 > 2022-09-05 16:42 | Report Abuse

Maybank research juga menulis tentang pasukhas, pasukhas bukan calang-calang, terbukti :)

Posted by Good123 > 2022-09-05 16:59 | Report Abuse

Pasukhas adalah patuh syariah. Jika pak arab mengambil alih pasukhas, terbang teruslah :


KUALA LUMPUR (Sept 5): Bursa Malaysia Bhd has onboarded Maybank Investment Bank Bhd (Maybank IB) as an approved supplier and user under the Islamic Securities Selling and Buying — Negotiated Transaction (ISSBNT) framework.

The ISSBNT is the world’s first shariah-compliant alternative to Securities Borrowing and Lending, which was launched by the exchange in December 2017, and was developed as a mechanism to provide a facilitative trading environment, and improve the trading liquidity and velocity of shariah-compliant securities.

Bursa chief executive officer Datuk Muhamad Umar Swift said the addition of more participating organisations under the ISSBNT framework demonstrates the exchange’s commitment to growing the Islamic equity market in response to increased demand for shariah-compliant assets.

“We look forward to the increased participation and continued support from our brokers to spur the growth and vibrancy of our marketplace, upholding Malaysia’s position as the world’s leading Islamic shariah-compliant equity market,” he said in a statement on Monday (Sept 5).

As an approved supplier and user, Maybank IB will facilitate the buying and selling of shariah-compliant securities, as well as enable hedging and risk management activities for market participants while adhering to shariah principles.

Maybank IB chief executive officer Datuk Fad’l Mohamed said the investment bank sees strong demand for shariah-compliant assets among investors.

"We are excited to be an approved supplier and user under the ISSBNT framework, which will enable us to support our clients’ investment management strategies," he added.

Fad'l said there is potential to further develop the Islamic capital markets, and Maybank IB will continue to play an active role in making Malaysia a leader in this space as shariah-compliant securities make up 79% of Bursa-listed securities.

Maybank IB’s inclusion follows the recent announcement of CGS-CIMB Securities Sdn Bhd and Kenanga Investment Bank Bhd as approved supplier and user representatives under the ISSBNT framework.

To date, there are 179 shariah-compliant securities eligible for ISSBNT transactions, as reviewed and approved by the Securities Commission Malaysia's Shariah Advisory Council.

Posted by Good123 > 2022-09-05 18:17 | Report Abuse

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 terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 2 September 2022 in relation to the Letter of Award by Pasukhas Sdn. Bhd., a wholly-owned subsidiary of the Company, from Exyte Malaysia Sdn. Bhd ("Letter of Award").



We refer to the earlier announcement dated 2 September 2022 in relation to the Acceptance of the Letter of Award.



The Board of Directors of Pasukhas wishes to announce that the Work is expected to be completed on 21 December 2022.



This announcement is dated 5 September 2022.





Announcement Info
Company Name PASUKHAS GROUP BERHAD
Stock Name PASUKGB
Date Announced 05 Sep 2022
Category General Announcement for PLC
Reference Number GA1-05092022-00070

Posted by Good123 > 2022-09-06 07:46 | Report Abuse

External auditor, company secretary, share registrar dah tukar, next, Pengarah2 & pemegang2 syer terbesar, sabar ya! :)

Posted by Good123 > 2022-09-06 08:32 | Report Abuse

Permaju. Quarterly revenue, below rm10mil... Pasukhas pulak ~rm20mil..

Merger between them, good also... 1:1 share swap... 1 permaju share for each pasukhas share..

Wait n see... Maybe , more proposals to come :)

Posted by Good123 > 2022-09-06 09:05 | Report Abuse

Sebenarnya, pasukhas dah profitable... RM1.5juta ++ share option to employees disapu oleh pengarah2 yang tak berintegriti dan rugi rm6.2juta kerana quoted investments dalam related party penny stocks yg dilakukan oleh pengarah2 licik dan curang, bukan? haha











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

Posted by Good123 > 2022-09-06 09:09 | Report Abuse

bursa dan SC perlu mengetatkan prosedur bagi esos dan belian penny stocks as quoted investments untuk menangani tindakan pengarah2 yang curang dan tak berintegriti

Posted by Good123 > 2022-09-06 09:13 | Report Abuse

esos sepatutnya untuk jangka panjang... contohnya 5 tahun,.... bagi pekerja yang dah confirmed. tak boleh exercise 100% peruntukan esos dalam 1 tahun,,,, banyak loophole untuk pengarah2 yang licik untuk mencuri, dll..

Listed companies tak patut melabur dalam penny stocks sebagai quoted investments ... apakah justifikasi untuk membeli penny stock syarikat related parties yang merugikan??? semua independent directors or Audit committtee members tak berfungsi ka?

tiada aduan kpd bursa dan SC pulak

Posted by Good123 > 2022-09-06 09:18 | Report Abuse

Beratus-ratus juta syer esos dah exercised, bursa dan SC tolong siasat, siapakah pekerja yang dah exercise syer esos dan jika dah jual, jual kpd siapa? sumber kewangan pekerja2 yang exercise beratus-ratus juta syer esos...


Mungkin ada jenayah komersial terlibat... buatlah siasatan!

Posted by sunsetbiz > 2022-09-06 15:41 | Report Abuse

how many hundred thousand have loss here till cant forgive it even at dream.....:)

Posted by Good123 > 2022-09-06 16:35 | Report Abuse

Barangkali pasukhas akan jualkan projek yayasan atm kpd pemaju hartanah lain.... Sabar ya!

Posted by Good123 > 2022-09-06 16:37 | Report Abuse

Tolong dapatkan pengampunan bagi pengarah2 pasukhas macam puak umno buat untuk penyamun najib, sanggup? :)

@sunsetbiz

how many hundred thousand have loss here till cant forgive it even at dream.....:)

54 minutes ago

Posted by Good123 > 2022-09-06 18:00 | Report Abuse

Tunggu M&A bagi pasukhas, pengarah2 kini tak boleh pakai :)

Pentamaster seeks inorganic growth via M&A, eyes billion-ringgit turnover | https://www.klsescreener.com/v2/news/view/1040539

Posted by Good123 > 2022-09-06 18:00 | Report Abuse

Tunggu M&A bagi pasukhas, pengarah2 kini tak boleh pakai :)

Pentamaster seeks inorganic growth via M&A, eyes billion-ringgit turnover | https://www.klsescreener.com/v2/news/view/1040539

Posted by Good123 > 2022-09-06 18:21 | Report Abuse

:)

CBT & Money Laundering on BFM. Check out this episode!

Posted by Good123 > 2022-09-07 08:38 | Report Abuse

Projek yayasan atm in kl, walking distance to mrt, many developers would be interested including those who want to acquire pasukhas cheaply.

Reported by maybank research, historical p/b ~0.5, now 0.2, nta 11sen, so, very potential for pasukhas to rebound to 5.5sen based on p/b~0.5

Posted by Good123 > 2022-09-07 08:45 | Report Abuse

Probably pasukhas tak mau jadi property developer lagi... Jualkan projek atm yayasan, semua pengumuman pasukhas kini adakah construction contracts :)

Posted by Good123 > 2022-09-07 08:46 | Report Abuse

Banyak takers untuk projek yayasan atm kot? Terutamanya GLCs

Posted by Good123 > 2022-09-07 08:47 | Report Abuse

GLCs bergabung ataupun ambil alih pasukhas pun boleh jadi. Sabar :)

Maybank research pun dah kembali menulis tentang pasukhas, semakin menarik

Posted by Good123 > 2022-09-07 08:49 | Report Abuse

Jualkannya, aliran tunai positif yang luar biasa

On property development, Pasukhas has kicked start its maiden development project located off Jalan Tun Razak, Kuala Lumpur. The project has an estimated gross development value of MYR338m with an estimated gross development profit of MYR81m.

Posted by Good123 > 2022-09-07 08:50 | Report Abuse

Return to historical p/b value... 5.5sen/11sen, nta 11sen now, current price should be at least 5.5sen :)

Valuation wise, PB is preferred here. At current price, the stock is trading at a PB of 0.2x (as at Jun 2022), which is lower than its 3-year historical average PB of 0.5x.

Posted by Good123 > 2022-09-08 08:27 | Report Abuse

Tunggu pengarah2 cash out. Rasa mereka pun akan cabut sebelum siasatan berlaku, dll :)

Posted by Good123 > 2022-09-08 08:28 | Report Abuse

New major shareholders would bring confidence, etc .... Just wait n see :)

All things are possible if u believe! Good luck

Posted by Good123 > 2022-09-08 09:22 | Report Abuse

Historical p/b =0.5 as per Maybank research..

Jika jadi, 5sen untuk pasukhas. Kini 2sen, kadar pulangan ~150%, agak lumayan, sabar ya

Posted by Good123 > 2022-09-08 09:22 | Report Abuse

Usah tamak , sedikit takpa kot? :)

Posted by Good123 > 2022-09-08 09:30 | Report Abuse

Tunggu sampai kerajaan semasa umno bn tumbang baru ada siasatan terhadap pengarah2 pasukhas kot? :)

Semua dah disuap kenyang2 kan? :)

Posted by nightmare007 > 2022-09-08 10:15 | Report Abuse

hahahahaa...@good123 love create drama :)

Posted by Yu_and_Mee > 2022-09-08 10:21 | Report Abuse

buy buy buy

Posted by Good123 > 2022-09-08 11:53 | Report Abuse

Current Cheap share valuation due to non-trustworthy directors and/or major shareholders, once dah tukar, harga syer pasukhas kembali indah. :)

Posted by Good123 > 2022-09-08 16:19 | Report Abuse

Bagus bagi projek yayasan atm. Terindah:)

Currently being served by the LRT Ampang Line, LRT Sri Petaling Line and KL Monorail Line, the #Titiwangsa Station will soon be connected to the MRT Putrajaya Line and the MRT3 Circle Line, making it an interchange station that offers access to 5 rail lines.

Check out the insights from Henry Butcher Malaysia

#iPropertyGuides

Posted by Good123 > 2022-09-08 16:59 | Report Abuse

MALAYSIA: BNM Collaborates With SSM to Regulate AMP/CFT and TFS

August 23- Bank Negara Malaysia (BNM) will be collaborating with the Companies Commission of Malaysia (SSM) to strengthen collaboration in the regulation and supervision of anti-money laundering, countering financing of terrorism (AML/CFT) and targeted financial sanctions (TFS).

Both entities signed a Terms of Collaboration which set out the respective regulatory and supervisory responsibilities of BNM and SSM in the regulation and supervision of company secretaries and trust companies.

It will also provide for a more structured approach to assess money laundering and terrorism financing (MLZTF) risks in these two sectors, as well as to promote institutional capacity building in these areas.

Posted by Good123 > 2022-09-08 17:04 | Report Abuse

MALAYSIA: Najib Razak: Malaysia's ex-PM starts jail term after final appeal fails

Malaysia's former Prime Minister Najib Razak has been sent to jail to begin serving a 12- year sentence, after the top court rejected his appeal.
The 69-year-old's charges relate to a corruption scandal involving state-owned wealth Fund 1Malaysia Development Berhad (IMDB).
He was convicted in July 2020, but had been out on bail during the appeal.
The court also denied Najib's request to delay his sentence. He has continued to deny any wrongdoing.
In 2020, a court had found him guilty on seven counts - centred on a total of 4£m ringgit ($9.4m; £8m) which was transferred from SRC International - a former unit of IMDB - into his private accounts.
He was sentenced to 12 years' jail and a fine of 210m ringgit ($46.8m; £39.7m).
The defence team had argued Najib was led to believe the funds in his accounts were donated by the Saudi royal family rather than misappropriated from the state fund.
They also claimed he was misled by financial advisers, particularly fugitive financier Jho Low - who has been charged in both the US and Malaysia but also maintains his innocence.
In his final push for freedom on Tuesday, Najib's lawyer requested the removal of Chief Justice Tengku Maimun Tuan Mat from the panel presiding over the case - in what was seen as a bid to forestall a final verdict.
They claimed she could be biased as her husband ha‹:1 made a Facebook post in 2018 which was critical of Najib.
However, the chief justice declined the request as she said the post was before the charges were brought against Najib.
In her verdict, the chief justice said the live-judge panel unanimously found that the conviction of Najib on all seven counts was safe and the appeal "devoid of any merits".
"The defence is so inherently inconsistent and incredible that it has not raised reasonaJo1e c1oubt on the case," she said.
The charges addressed on Tuesday make up only the the first of five trials relating to IMDB.
Najib's wife, Rosmah Mansor, also faces money laundering and tax evasion charges - to which she has pleaded not guilty.
She separately faces corruption charges related to a solar hybrid project, and the High Court is set to deliver her verdict for this case on 1 September.
Source: hitps:7'/www.bbc.con»/nets/would-asJa-63643643

Posted by Good123 > 2022-09-08 17:05 | Report Abuse

WORLD: Authorities targeting financial instruments and assets accumulated by drug syndicates

MANILA: Authorities are targeting financial instruments and assets accumulated by drug syndicate members, hitting where it matters most for the culprits.
The Philippine Drug Enforcement Agency (PDEA) are going after the bank accounts of dealers because such criminals thrive on the unlimited flow of drug money, the Phi1star.com reported.
PDEA director general, Wilkins Villanueva, said the agency is working closely with the Anti-Money laundering Council to find ways for a holistic approach to ridding the country of illegal drugs and those involved.
A month under the administration of President Ferdinand Marcos Jr, the PDEA has succeeded with strategic moves designed to decisively dismantle drug trafficking in the country, he said.
Drug traffickers are mistaken if they think the government would slow down the anti- drug campaign after former president Rodrigo Duterte stepped down from office, he said.
"The Duterte administration had ended, but what remains of those involved in drug trafficking are very much mistaken if they think that we will now ease the pressure," he stressed.
"We can't stick to the traditional cat-and-mouse games. We need to show that we are on top of the situation," Villanueva said and cited the freezing of a property owned by former Ozamiz City vice mayor Nova Princess Parojinog last month.
The PDEA also marked its 20th anniversary last June with the destruction of 14.29 billion pesos worth of illegal ‹mugs while on the same day, its operatives seized 80 kilos of shabu worth 544 million pesos.
The agency is also making efforts to enhance the skills of their investigators in handling case build-ups, in anticipation of more financial cases that may be related to drug trafficking, he said.

Posted by Good123 > 2022-09-08 21:00 | Report Abuse

Esos COMMITTEE TAKDA KOT? BERJUTA-JUTA SYER ESOS DITELAN OLEH PENGARAH2 TANPA ESOS COMMITTEE KAN? KALAU ADA SIASATAN, MUNGKIN WANG AKAN DIKEMBALIKAN KPD PENGARAH2 DAN SYER ESOS DIBATALKAN BARANGKALI?

TUNGGU KERAJAAN SEMASA UMNO BN TUMBANG, NANTI PENGARAH2 PASUKHAS AKAN MASUK JEL MACAM NAJIB KOT? :)

Posted by Good123 > 2022-09-09 08:55 | Report Abuse

Siasatlah, mesti ada udang disebalik batu :)

Duration of the Proposed ESOS
The Scheme shall be in force for a duration of 5 years from the date on which the
Scheme shall take effect, to be determined by the ESOS Committee (“Effective Date”)
subject however to any extension of the Scheme as provided under the By-Laws.
On or before the expiry of such 5 years of the Scheme, the Board shall have the
discretion, without having to obtain approval of the Shareholders, to extend the duration
of the Scheme, provided that the initial period of the Scheme and such extension of the
Scheme made pursuant to the By-laws shall not in aggregate exceed a duration of 10
years from the Effective Date or such longer period as may be permitted by Bursa
Securities or any other relevant authorities from time to time.
For the avoidance of doubt, no further sanction, approval, consent or authorisation of
the Shareholders in a general meeting is required for any such extension. In the event
the Scheme is extended in accordance with the provision of the By-laws, the ESOS
Committee shall furnish a written notification to all Grantees and the Company shall
make the necessary announcements to Bursa Securities prior to such extension (if
required).
The Scheme may be terminated by the ESOS Committee at any time before its expiry
provided that the Company shall make an announcement immediately through Bursa
Securities.
In the event of termination of the Scheme, the following provisions shall apply:-
(i)
no further Offer shall be made by the ESOS Committee from the effective date
of termination of the Scheme (“Termination Date”);
(ii)
all Offers which have yet to be accepted by the Eligible Person(s) shall
automatically lapse on the Termination Date;
(iii)
all Offers which have yet to be vested in the Eligible Person(s) shall
automatically lapse on the Termination Date; and
(iv)
all outstanding Options which have yet to be exercised by the Grantees and/or
vested (if applicable) shall be automatically terminated on the Termination
Date.
Approval or consent of Shareholders by way of a resolution in a general meeting and
written consent of the Grantees who have yet to exercise their Options are not required
to effect the termination of the Scheme.
3.5
Exercise of Options
Subject to the By-laws, a Grantee shall be allowed to exercise the Options granted to
him / her either in whole or part in multiples of 100 Shares as the Grantee may be
entitled under the Options at any time during the period commencing from the date an
Offer is accepted by a Grantee and expiring on the last day of the duration of the
Scheme or such other date as stipulated by the ESOS Committee in the Offer or on
the date of termination or expiry of the Scheme as provided in the By-laws (“Option
Period”) whilst he / she is in the employment of any company within the Group (which
are not dormant).
There will be no restriction to the Grantee on the percentage of Options exercisable by
him / her during the Option Period

Posted by Good123 > 2022-09-09 08:56 | Report Abuse

Siasatlah.. :)

https://pasukhasgroup.com/wp-content/uploads/2021/04/Pasukhas-Group-Berhad-Proposals-12.10.2020.pdf

Posted by Good123 > 2022-09-09 09:49 | Report Abuse

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.
Sales per Business
2020 2021 Delta
Property Development 1.00 9.2% 70.92 89% +7004.29%
Renewable Energy 4.66 42.9% 4.89 6.1% +4.82%
M&E Engineering Services 3.81 35% 2.59 3.2% -32.03%
Manufacturing of LV Switchboards 1.39 12.8% 1.32 1.7% -5.4%
MYR in Million
Sales per region
2020 2021 Delta
Malaysia 10.86 100% 79.71 100% +633.96%
MYR in Million
Managers
Name Title Age Since
Thean Hoe Wan Chief Executive Officer & Executive Director 53 2015
Ee Vone Lim Chief Financial Officer 42 2015
Tong Lang Tan Secretary - -
Khan Sien Teng Manager-Business Development - -
Members of the board
Name Title Age Since
Ismail bin Ahmad Independent Non-Executive Chairman 73 2020
Chee Keong Yap Independent Non-Executive Director 67 2013
Kim Hooi Teoh Independent Non-Executive Director 67 2012
Ismail bin Yusoff Independent Non-Executive Director 75 2020
Thean Hoe Wan Chief Executive Officer & Executive Director 53 2015
Siew Wei Mak Executive Director 46 2020
Boon Koon Tang Executive Director 51 2020
Equities
Vote Quantity Free-Float Company-owned shares Total Float
Stock A 1 1,787,366,524 1,275,195,424 71.3% 0 0.0% 71.3%

https://www.marketscreener.com/quote/stock/PASUKHAS-GROUP-20707031/company/

Posted by Good123 > 2022-09-09 09:51 | Report Abuse

In USD :)

All news about PASUKHAS GROUP
09/05 Pasukhas Unit Clinches Nearly $3 Million Construction Deal in Selangor, Malaysia
MT
09/01 Pasukhas Group Berhad Appoints Wong Yuet Chyn as Company Secretary
CI
09/01 Pasukhas Group Berhad Announces Resignation of Tan Tong Lang as Company Secretary
CI
09/01 Pasukhas Group Berhad Announces Change of Address
CI
08/30 Pasukhas Group Berhad Reports Earnings Results for the Second Quarter and Six Months En..
CI
08/12 Pasukhas Unit Secures Nearly $2 Million Construction Works Deal in Perak, Malaysia
MT
07/27 Pasukhas Clinches Nearly $3 Million Deal from Salcon Engineering; Shares Slump 25%
MT
06/02 Pasukhas Group Shelves Plans to Buy 60% Equity in PT Berkah Bumi Luhur,
MT
05/31 Pasukhas Group Berhad Reports Earnings Results for the First Quarter Ended March 31, 20..
CI
02/28 Pasukhas Group Berhad Reports Earnings Results for the Full Year Ended December 31, 202..
CI
02/28 Pasukhas Group Berhad Reports Earnings Results for the Fourth Quarter Ended December 31..
CI
01/04 Pasukhas Group to Grant 40 Million Share Options to Eligible Employees
MT
2021 Pasukhas Group Berhad Reports Earnings Results for the Third Quarter and Nine Months En..
CI
2021 PASUKHAS BERHAD : Group Turns to Profit in Q2; Shares Rise 10%
MT
2021 Pasukhas Group Berhad Reports Earnings Results for the Second Quarter Ended June 30, 20..

https://www.marketscreener.com/quote/stock/PASUKHAS-GROUP-20707031/

Posted by Good123 > 2022-09-09 09:55 | Report Abuse

Pengarah2 berjudi dengan penny stocks related parties kan? Jika tiada quoted investments dalam syer penny tersebut, pasukhas dah untung dah... :) Net sales naik dengan luar biasa pun tak guna

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net sales1 60,4 36,9 97,4 29,1 10,9 79,7
EBITDA1 -3,77 0,73 -8,74 -5,71 -15,2 -5,38
Operating profit (EBIT)1 -3,98 -1,06 -11,5 -8,11 -17,7 -7,93
Operating Margin -6,58% -2,89% -11,9% -27,9% -163% -9,95%
Pre-Tax Profit (EBT)1 -6,71 1,42 -7,60 -11,3 -42,2 -21,7
Net income1 -6,10 0,61 -7,27 -10,9 -39,0 -19,2
Net margin -10,1% 1,65% -7,46% -37,5% -359% -24,1%
EPS2 -0,19 0,01 -0,09 -0,13 -0,45 -0,03
Dividend per Share - - - - - -
Announcement Date 04/28/2017 04/25/2018 04/29/2019 06/05/2020 04/30/2021 04/29/2022

Posted by Good123 > 2022-09-09 09:57 | Report Abuse

Key data
Capitalization (MYR) 28 579 387
Capitalization (USD) 6 348 859
Net sales (MYR) 79 710 990
Net sales (USD) 17 707 651
Number of employees 59
Sales / Employee (MYR) 1 351 034
Sales / Employee (USD) 300 130
Free-Float 71,3%
Free-Float capitalization (MYR) 20 389 944
Free-Float capitalization (USD) 4 529 589
Avg. Exchange 20 sessions (MYR) 15 541
Avg. Exchange 20 sessions (USD) 3 452
Average Daily Capital Traded 0,05%


https://www.marketscreener.com/quote/stock/PASUKHAS-GROUP-20707031/financials/

Posted by Good123 > 2022-09-09 10:37 | Report Abuse

pasukhas warrant A expiry date 2024.... 578mil warrants++ exercise price 10sen

current warrant price 1/2sen to 1sen transacted...... warrant buyers have confidence that the mother share price will be above 10.5sen at least :)