Posted by Good123 > 2022-09-13 15:29 | Report Abuse

Dah janji sabri, usah mungkir janji :)

Posted by Good123 > 2022-09-13 15:31 | Report Abuse

Baru 3.30pm, dah 41juta syer dah.. esok lagi hebat ... :)

Show baru bermula

Posted by Good123 > 2022-09-13 15:35 | Report Abuse

Market cap terlalu rendah rm20mil+ kini perlu balik rm100-200juta untuk melaksanakan projek yayasan atm sabri

Tengok ada mukjizat nanti :)

Posted by nightmare007 > 2022-09-13 15:45 | Report Abuse

Good123 = Macai Pasukgb wakakakaa

Posted by sunsetbiz > 2022-09-13 15:54 | Report Abuse

pity him for huge loss and time wasted here for all the rubbish info shared......:)

Posted by Good123 > 2022-09-13 16:00 | Report Abuse

~43juta syer diserap macam tiada hari esok.. luar biasa.. harga 1.5sen, stok dah disapu bersih kini..

More to come :)

Posted by nightmare007 > 2022-09-13 16:06 | Report Abuse

Hari esok 0.05 :)

More to come

Posted by Good123 > 2022-09-13 16:37 | Report Abuse

amboi 45juta syer++ dah disapu licin... haha

Posted by Good123 > 2022-09-13 16:38 | Report Abuse

5sen historical average price reported by maybank research... sudden surge nanti, banyak spekulators akan berebut2 masuk ..... wait n see... seronoklah nanti :)

Posted by Good123 > 2022-09-13 16:39 | Report Abuse

terbukti, permintaan terhadap syer pasukhas masih kukuh :) bila jumlah syer bertukar tangan berbicara :)

Posted by nightmare007 > 2022-09-13 16:51 | Report Abuse

waaa...share the link maybank resarch?

Posted by sunsetbiz > 2022-09-13 17:43 | Report Abuse

wait 0.005-0.01 then only in ya....dont need so hurry :)

Posted by Good123 > 2022-09-13 18:04 | Report Abuse

The Edge former editor-in-chief charged with criminal defamation for reporting abnormal penny stocks surge https://www.theedgemarkets.com/article/edge-former-editorinchief-charged-criminal-defamation-reporting-abnormal-penny-stocks-surge?type=malaysia

Posted by Good123 > 2022-09-13 18:06 | Report Abuse

https://www.theedgemarkets.com/article/why-charge-editors-over-articles-had-exposed-stock-market-manipulation

Posted by Good123 > 2022-09-13 18:13 | Report Abuse

On Aug 2, two senior editors met the IO and were shown the two articles that had been published in The Edge weekly:
Hidden Hands Behind Penny Stocks Surge Under Scrutiny (April 12, 2021); and
Hidden Hands Behind Penny Stock Surge (Sept 21, 2020).
The IO told our editors that The Edge was being investigated for criminal defamation under Section 500 of the Criminal Penal Code. This was after a police report was lodged by Kua, a businessman who is a minor shareholder and director of a few of the companies whose shares were trading in a volatile pattern over several months in 2020.
In their statements to the IO, our editors said that extensive research had been done to put together the articles, involving mainly data and information obtained from Bursa and company annual reports.
At further meetings with the police on Aug 16, Aug 18, Dec 14 and Dec 16 in 2021, our editors were repeatedly told that we HAVE TO PROVIDE THE NAMES of the journalists who were involved in the two articles.
It was conveyed to the police why we cannot provide the names of any of the journalists for safety reasons. We cited the incident in 2018, when a senior officer in the market surveillance department of Bursa was the victim of an acid attack, believed to be linked to an investigation into a market manipulation case.
It is because we want to ensure the safety of our journalists that the two articles were published without any names.
Manipulation can wreak havoc to the orderly function of the stock market, damage the reputation of Bursa and cause many innocent people to lose money. Regulators like Bursa and the Securities Commission Malaysia frequently advise investors to be cautious.

The volatile trading of penny stocks which took place in 2020 and early 2021 has abated, following our last article in April 2021 and after warnings by market regulators. Many people have lost money as the prices of these stocks have collapsed. However, the losses would have been much more had the manipulation continued in a big way.

As a media that reports on the stock market and corporate sector extensively, we have a responsibility to highlight important matters to the investing public — including alerting them about how stock prices are being manipulated.

We are, therefore, baffled as to why the police and the DPP’s Office of Kuala Lumpur are pressing criminal defamation charges against us for informing investors about stock market manipulation.

Posted by Good123 > 2022-09-13 18:16 | Report Abuse

the gang dah bertengkar sesama sendiri kot? new major shareholder must emerge, etc :)


Jovian says never agreed to become Caely vice-chairmanhttps://www.thestar.com.my › nation › 2022/06/17 › jo...
17 Jun 2022 — Jovian, who is the son-in-law of Prime Minister Datuk Seri Ismail Sabri Yaakob, said the company's announcement had tarnished his "corporate ...

Posted by Good123 > 2022-09-13 21:42 | Report Abuse

Next, para pengarah2 pasukhas disiasat haha

GIIB Holdings CEO among three executives detained by MACC
TheEdge Tue, Sep 13, 2022 09:00pm - 40 minutes



KUALA LUMPUR (Sept 13): Rubber compound manufacturer GIIB Holdings Bhd, which has been locked in a dispute with one of its seven directors for months over allegations of fraud and misconduct, said its three senior executives, namely executive chairman and chief executive officer Tai Boon Wee and executive directors Tai Qisheng and Alison Wong Ping Kiong, were detained by the Malaysian Anti-Corruption Commission (MACC). Qisheng is also the son of Boon Wee.

"They have given full cooperation to the MACC and have since been released. The legal representatives of the company are now following up on the matter," it said in a Bursa Malaysia filing on Tuesday (Sept 13).

"If and when new developments were to arise pertaining to this matter, the company will duly make the appropriate announcements," it added.

In May, its former executive director Wong Weng Yew sued Boon Wee, Tai Qiyao, Qisheng, Ping Kiong and GIIB, claiming he had found several suspicious transactions in the group made by the four defendants "knowingly and dishonestly" since his appointment as executive director on Feb 23 last year. However, Weng Yew discontinued the suit against all five defendants last month.

GIIB shares closed unchanged at seven sen on Tuesday (Sept 13), bringing it a market capitalisation of RM38.8 million. Its share price has fallen 46.15% year to date.

Posted by Good123 > 2022-09-13 21:44 | Report Abuse

Macc dah bangun ? :)

Posted by Good123 > 2022-09-14 06:39 | Report Abuse

https://www.theedgemarkets.com/article/soh-chee-wen-manipulation-penny-stocks-singapore-singapore-court-finds-john-soh-and-partner

Posted by Good123 > 2022-09-14 06:49 | Report Abuse

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.


waaa...share the link maybank resarch?

13 hours ago

Posted by Good123 > 2022-09-14 07:42 | Report Abuse

Nta 11sen, harga semasa 1.5sen, p/b value~0.1, historical p/b value 0.5 as per Maybank research. 5sen is the benchmark... Few hundred % return if rebound to historical p/b value :)

Posted by Good123 > 2022-09-14 08:09 | Report Abuse

KUALA LUMPUR (Sept 13): Stressing the need for media pratitioners to be given the freedom to operate freely and fairly, veteran journalist Tan Sri Johan Jaafar said journalistic commitments should be strengthened "to ensure the Fourth Estate is the bedrock of democracy".

"I am concerned about the interference from any political party in the appointment of editors. Times have changed, so too the dynamics of media business," he said in a statement on Tuesday.

It was issued hours after the New Straits Times Press Bhd, a subsidiary of Media Prima Bhd, announced a leadership change at the English-language daily New Straits Times (NST). Farrah Naz Karim was named as the group editor effective from Sept 15, replacing Ahmad Lokman Mansor.

"I find it totally unacceptable that an editor who is helping to resurrect the NST is facing the axe," said Johan.

"I stand by Ahmad Lokman Mansor for his audacity to push the envelope. The NST is a more palatable newspaper today thanks to his work,” added the former Media Prima chairman.

Johan also expressed concern that Azam Aris, editor emeritus at The Edge, had been charged on Tuesday with criminal defamation related to two articles published during his watch as editor-in-chief.

“I believe those pieces were a representation of events and fair reporting relating to penny stock manipulations,” he said.

Pointing out that media business is the "business for media practitioners", Johan said: "They must be given the freedom to operate freely and fairly. Now is the time to strengthen journalistic commitments to ensure the Fourth Estate is the bedrock of democracy."

He noted that Prime Minister Datuk Seri Ismail Sabri has time and again given the assurance that "the media should remain free to operate without any interference from other parties".

"At the same time journalists must be allowed to operate without fear of reprisals in performing their duties," said Johan.

Gross violation of media freedom, says Muda
Separately, the Malaysian United Democratic Alliance (Muda) described the removal of Lokman and the charging of Azam as a “gross violation of media freedom” committed by both the government and ruling political elite.

“It is reported that Umno politicians are seeking to remove the New Straits Times’ group editor Ahmad Lokman Mansor, purportedly for authorising the editorials which supported the judiciary, attorney-general and on the rule of law in light of Datuk Seri Najib Razak’s conviction.

“These gross violations against media freedom in Malaysia, one committed by the government and the other by the ruling political elite, must be stopped immediately," Muda vice-president Lim Wei Jiet said in a statement.

"In particular, criminal charges under the obsolete provision of criminal defamation would send a chilling effect over all media organisations in Malaysia — any alleged defamation ought to be settled via the civil courts, and not the criminal courts,” he said.

According to Lim, it is no coincidence that these actions are happening amid a pending general election, indicating that “certain parties are desperate to peddle disinformation and bury the truth for their selfish interests”.

He stressed that media freedom is the cornerstone of democracy, more so when a general election is pending.

“Muda therefore urges the government to immediately drop criminal defamation charges under Section 500 of the Penal Code against editors of The Edge and for Umno and other private shareholders of The New Straits Times to immediately stop their interference on journalistic freedom within the organisation,” said Lim.

The Vibes news portal reported that Umno bigwigs, namely former second finance minister Datuk Seri Johari Abdul Ghani and party supreme council member Datuk Seri Ab Rauf Yusoh, were the political individuals behind the editorial interference in NST.

Johari’s private investment vehicle, JAG Capital Holdings Sdn Bhd, is the second largest shareholder in Media Prima with a 20.08% stake.

In its statement, New Straits Times Press said Farrah Naz has served the company in various capacities since 2000, including as executive editor. She was most recently attached to Media Prima Television Networks as an executive producer for current affairs programmes.

Farrah Naz's appointment as NST group editor is in line with the company's strategy to further enhance its content offering, the statement added.

Posted by nightmare007 > 2022-09-14 08:25 | Report Abuse

@good123
https://www.investing.com/news/stock-market-news/stock-market-today-dow-plunges-1200-points-in-tech-selloff-after-inflation-report-2891444

Teruskan membaca yer..

Posted by Good123 > 2022-09-14 09:45 | Report Abuse

Bila projek yayasan atm open for booking, terbanglah.... kalau puak penyamun tak nak buat, ada pihak baru akan mengambil alih pasukhas...

nta 11sen, acquirer hanya offer 5sen to test water sama ada puak penyamun sanggup lepaskan pasukhas... wait n see dulu

harga lelong, apa mau takut lagi :)

Posted by Good123 > 2022-09-14 09:48 | Report Abuse

harga pasukhas dibawah historical P/B value = 0.5X (5sen) sebab persepsi pasukhas dikawal oleh geng penyamun kini, bila bertukar pemegang syer majoriti, harga syer juga akan pulih :)

salah satu faktor kenapa boleh cuba :)

Posted by Good123 > 2022-09-14 10:03 | Report Abuse

Projek yayasan atm dalam pasukhas, ada kepentingan awam... Jadi , ia tak boleh dibiarkan gagal.. sabri yang merasmikan dan bagi projek tu juga akan kantoi sekiranya pasukhas gagal..

Cari acquirer bagi pasukhas, cara exit terbaik.

Sabar ya!

Posted by Good123 > 2022-09-14 11:36 | Report Abuse

Biarkanlah pihak lain ambil alih pasukhas, tak kan mau veteran angkatan tentera Malaysia mampus jika projek yayasan veteran atm kantoi dibawah pengarah2 penyamun pulak kan?

Sabar ya!

Posted by Good123 > 2022-09-14 11:37 | Report Abuse

Veteran atm boleh berpiket didepan pejabat sabri jika pasukhas tak buat projek yayasan atm tu dengan segera haha

Posted by nightmare007 > 2022-09-14 11:44 | Report Abuse

ismail sabri tidak lama lagi tiada kuasa lagi...di tekan pak zahid..

Good123 terus kerugian~~~

Posted by Ranggosh888 > 2022-09-14 13:29 | Report Abuse

Byk hidu gam..hari2 dengan imiginasi sampah...

Makin hidu gam makin terindah :)

Posted by sunsetbiz > 2022-09-14 16:30 | Report Abuse

All sell high is in their pocket....sell low is using related co. funds......they wont loss their own pocket money at all....who buy also hardly will earn from them just gv them more chance to issuing more paper shares out for new fund......:)

Posted by awufaisal > 2022-09-14 16:59 | Report Abuse

Kaunter penipu ni
Hahahahaha

Posted by Good123 > 2022-09-15 06:39 | Report Abuse

Hopefully the resigned external auditor of pasukhas, horwath isn't the same :)

https://www.theedgemarkets.com/article/grant-thornton-says-will-defend-its-managing-partner-against-cbt-charges-sabah-forest

Posted by Good123 > 2022-09-15 11:13 | Report Abuse

Buatlah yang sama di depan pejabat sabri supaya lembaga pengarah pasukhas laksanakan projek yayasan veteran atm dengan segera. Ada berani? :)

https://www.freemalaysiatoday.com/category/nation/2022/09/14/army-veterans-walk-from-perak-to-putrajaya-to-demand-pension-review/

Posted by sunsetbiz > 2022-09-15 11:27 | Report Abuse

only ppl who loss lot always bark here for attention .....sendiri cakap sendiri siok yoy....:)

Posted by Good123 > 2022-09-15 11:58 | Report Abuse

Demokrasi, sesiapa pun boleh bercakap, dll dalam forum ni. Kalau bukan demokrasi, guna kuku besi, sunatkan kamu haha

@sunsetbiz

only ppl who loss lot always bark here for attention .....sendiri cakap sendiri siok yoy....:)

28 minutes ago

Posted by Good123 > 2022-09-15 12:31 | Report Abuse

LODGE A COMPLAINT
Capital Market Service Related Complaints
The Consumer & Investor Office of the Securities Commission Malaysia (SC) inquires into complaints on improper conduct and other irregularities in the securities and futures markets to assess whether they disclose offences under the securities laws. The SC welcomes all types of related complaints since the complaints can assist in alerting the SC of irregular activities occurring within the industry or new trends involving investment scams for public money.
Complaints on SC Employee
Complaints relating to a staff of the SC.

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

KUALA LUMPUR (Sept 15): About 62%, or 55 of 89 foreign airlines operating out of the five international airports in the country that had suspended their operations due to Covid-19-related travel restrictions, have resumed operations, according to airport operator Malaysia Airports Holdings Bhd (MAHB).

The international gateways are the Kuala Lumpur International Airport (KLIA), the Langkawi International Airport, the Penang International Airport, the Kota Kinabalu International Airport and the Kuching International Airport.

In a statement on Thursday (Sept 15), MAHB said a total of 1.7 million international passengers passed through the five international airports it manages in August, a 7.1% increase compared to the preceding month.

"Other than resumption of flights and introduction of new routes, other factors that contributed to the increase were relaxation of visa requirements by Saudi Arabia, leading to more Umrah flights; and [the] easing of travel entry requirements for foreign travellers into Malaysia.

"The number of international passengers for the group’s Istanbul Sabiha Gokcen International Airport (ISG) in Turkey also increased by 4.9% year-on-year (y-o-y) to 1.5 million in August," it added.

The number of domestic passengers who passed through the 39 airports MAHB manages in the country totalled 3.1 million passengers in August — 65.7% of pre-pandemic levels in 2019. ISG, meanwhile, registered 1.6 million domestic passengers in August, which is equivalent to 79.1% of pre-pandemic levels in 2019.

"All these had contributed to the group’s recovery, where total passenger movements for the group stood at 7.9 million passengers (Malaysia: 4.8 million; ISG: 3.1 million) in August — the highest passenger volume recorded for the year thus far," said MAHB.

At 2.52pm on Thursday, MAHB shares were up one sen or 0.17% at RM6, bringing it a market capitalisation of RM9.96 billion.

Posted by Good123 > 2022-09-15 16:25 | Report Abuse

KUALA LUMPUR (Sept 15): The alumni of The Edge Communications Sdn Bhd former editor-in-chief Ahmad Azam Mohd Aris' alma mater have said the authorities are "shooting the messenger" by charging him over reports of penny stock manipulation in 2021.

"To penalise Azam for highlighting this is akin to shooting the messenger, instead of investigating the veracity of the message.

"Our alumni [association] urges the authority to examine this matter without fear or favour to ensure that Azam gets a fair hearing," Alumni Masscomm Universiti Teknologi MARA (UiTM) president Basree Rakijan said in a statement on Thursday (Sept 15).

Basree added that the faculty's alumni are deeply concerned that Ahmad Azam is criminally charged for fulfilling his duty as a media practitioner.

"Azam, who has served as former group editor of the esteemed media organisation, has displayed professionalism and integrity in his job. As his alumni, we can vouch for his uprightness and his unblemished reputation is known in financial circles.

"As such, we are in complete disbelief that he has been charged for reporting what he considered an unusual trend in penny stocks," he explained, and quizzed: "Is this not what good journalists are supposed to do?"

To recap, Ahmad Azam, who currently serves as The Edge's editor emeritus, was charged on Tuesday (Sept 13) in two cases at the Petaling Jaya Magistrate's Court for criminal defamation of Metronic Global Bhd non-executive director Datuk Kua Khai Shyuan, DGB Asia Bhd, Trive Property Group Bhd, Metronic Global Bhd, and MNC Wireless Bhd.

The Edge's contributing editor Shanmugam Murugasu was also named as an accused in one of the cases but was unable to attend court on Tuesday as he was not in the country. He was granted a discharge not amounting to acquittal until he returns, whereby he will be re-charged.

The court allowed Ahmad Azam a bail of RM500 with one bailor for one case, and a bail of RM2,500 with one bailor for the other. The court fixed Nov 22 for the next case management.

Read also:
Why charge editors over articles that had exposed stock market manipulation?
The Edge former editor-in-chief charged with criminal defamation for reporting abnormal penny stocks surge
Hanipa: Criminal defamation charge against journalist too harsh, extremely oppressive

Posted by Good123 > 2022-09-15 22:24 | Report Abuse

Ingat? :)

Rights Issue
PASUKHAS GROUP BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description RENOUNCEABLE RIGHTS ISSUE OF UP TO 992,394,438 NEW ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR 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 FREE DETACHABLE WARRANTS IN PASUKHAS ("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 ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date 18 Jun 2021
Entitlement date 21 Jun 2021
Entitlement time 5:00 PM
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 21 Jun 2021
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.1000
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name PASUKHAS GROUP BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 6.0000 : 1.0000
Rights Crediting Date 21 Jun 2021

Posted by Good123 > 2022-09-15 22:25 | Report Abuse

:)

Share Consolidation
PASUKHAS GROUP BERHAD

Entitlement subject Share Consolidation
Entitlement description CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("PASUKHAS SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 10 JUNE 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
Ex-Date 09 Jun 2021
Entitlement date 10 Jun 2021
Entitlement time 5:00 PM
Financial Year End 31 Dec 2021
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 10 Jun 2021
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Entitlement indicator Ratio
Par Value (if applicable)
Entitlement Details
Company Name Ratio
(New : Existing) Available/Listing Date Fractional Entitlement
PASUKHAS GROUP BERHAD 1.0000 : 10.0000 11 Jun 2021 Round Down / Fraction Disregard

Posted by Good123 > 2022-09-16 11:21 | Report Abuse

KUALA LUMPUR (Sept 15): Perak-based lingerie maker Caely Holdings Bhd said its founder and non-executive director Datin Fong Nyok Yoon has resigned effective immediately, citing health issues.

She has also relinquished her position in the risk and remuneration committees. Fong is the wife of Caely’s former managing director Datuk Chuah Chin Lai.

In April, Fong, 61, had launched a lawsuit against the company and six current and former directors, prohibiting them from allotting and issuing new shares in the company through a private placement exercise.

In June, she had also lodged a police report against the lingerie maker’s board of directors for the dissemination of alleged false and misleading information on Bursa Malaysia regarding the appointment of Datuk Jovian Mandagie and Sandraruben Neelamagham as board members. Caely later retracted the appointment of Mandagie and Neelamagham, citing miscommunication.

Then in August, Caely filed a lawsuit against Fong and 11 others to recover alleged misappropriated funds amounting to RM30.55 million, as well as seek exemplary damages from Fong and Chuah for breach of fiduciary duty as directors of the company.

Caely came under the spotlight in April amid a freeze order on its subsidiary’s bank accounts by the Malaysian Anti-Corruption Commission and an ongoing forensic audit probe into allegations of suspicious and irregular transactions.

Less than two weeks prior to MACC’s freeze order, Caely had appointed an independent forensic auditor, Virdos Lima Consultancy (M) Sdn Bhd, to investigate allegations of suspicious and irregular transactions in its wholly-owned subsidiary Caely (M) Sdn Bhd (CMSB), which is involved in property development, construction, sales and trading of undergarments, garments and personal protective equipment.

The company’s boardroom also saw an overhaul last month.

Caely shares were untraded today. It last closed at 28.5 sen, bringing it a market capitalisation of RM73.6 million.

Posted by Good123 > 2022-09-19 09:03 | Report Abuse

Veteran atm boleh berpiket didepan pejabat sabri jika projek yayasan atm pasukhas tak dilancarkan lagi :)

Posted by Good123 > 2022-09-19 09:50 | Report Abuse

Veteran atm boleh desak sabri untuk menyiapkan projek yayasan atm pasukhas, usah menipu mereka dengan puak pengarah pasukhas :)

Posted by Good123 > 2022-09-19 10:23 | Report Abuse

Anugerah projek yayasan atm pasukhas yang tak dibuat ini akan menjadi salah satu senjata ph ataupun pn untuk menyerang sabri-bn pada pru 15... Sabar ya!

Posted by Good123 > 2022-09-19 10:26 | Report Abuse

Sabri patut menekan pengarah2 pasukhas yang dah kenyang supaya menjualkan pasukhas kpd glc ataupun konglomerat yang berwibawa untuk menyiapkan projek yayasan atm pasukhas. Usah menipu veteran atm yang dah tua bersama pengarah2 pasukhas;)

Posted by nightmare007 > 2022-09-19 11:24 | Report Abuse

https://www.thestar.com.my/business/business-news/2022/09/17/stock-market-manipulation-an-age-old-bane

Good123 terbakar kehangusan ditipu pasukhas.. Membaca tangga kejayaan :)

https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/20220917/281603834318567

Posted by Good123 > 2022-09-19 11:58 | Report Abuse

On Sept 13, our editor emeritus, Azam Aris, was charged in the Petaling Jaya Magistrate’s Court for criminal defamation of Datuk Kua Khai Shyuan, DGB Asia Bhd, Trive Property Group Bhd, Metronic Global Bhd and MNC Wireless Bhd over articles The Edge published on how penny stocks were manipulated by hidden hands on Bursa Malaysia.

When we were informed on Sept 12 by ASP Mohd Adnan Alias of the Brickfields District Police that the Deputy Public Prosecutor’s (DPP) Office of Kuala Lumpur had directed that charges be filed against two of our editors, Azam Aris and M Shanmugam, we were shocked that they were intervening in what, if anything at all, is essentially a civil dispute.

M Shanmugam is currently out of the country and we are told he will be charged when he returns.


This is the background:

• On July 29, 2021, one of our editors was informed by an investigating officer (IO) with the Brickfields District Police that a police report had been lodged against us over the two articles.

• On Aug 2, two senior editors met the IO and were shown the two articles that had been published in The Edge weekly:

- “Hidden hands behind penny stocks surge under scrutiny” (April 12, 2021); and

- “Hidden hands behind penny stock surge” (Sept 21, 2020).

• The IO told our editors that The Edge was being investigated for criminal defamation under Section 500 of the Penal Code. This was after a police report was lodged by Kua, a businessman who is a minor shareholder and director of a few of the companies whose shares were trading in a volatile pattern over several months in 2020.

• In their statements to the IO, our editors said that extensive research had been done to put together the articles, involving mainly data and information obtained from Bursa Malaysia and company annual reports.

• At further meetings with the police on Aug 16, Aug 18, Dec 14 and Dec 16 in 2021, our editors were repeatedly told that we HAD TO PROVIDE THE NAMES of the journalists who were involved in the two articles.

• It was conveyed to the police why we could not provide the names of any of the journalists for safety reasons. We cited the incident in 2018, when a senior officer in the market surveillance department of Bursa was the victim of an acid attack, believed to be linked to an investigation into a market manipulation case.

• It is because we wanted to ensure the safety of our journalists that the two articles were published without any names.

Manipulation can wreak havoc on the orderly function of the stock market, damage the reputation of Bursa and cause many innocent people to lose money. Regulators like Bursa and the Securities Commission Malaysia frequently advise investors to be cautious. The volatile trading of penny stocks which took place in 2020 and early 2021 has abated, following our last article in April 2021 and after warnings by market regulators. Many people have lost money as the prices of these stocks have collapsed. However, the losses would have been much more had the manipulation continued in a big way.

As a media company that reports on the stock market and corporate sector extensively, we have a responsibility to highlight important matters to the investing public — including alerting them about how stock prices are being manipulated.

We are, therefore, baffled as to why the police and the DPP’s Office of Kuala Lumpur are pressing criminal defamation charges against us for informing investors about stock market manipulation.

Where is the defamation?

If the complainant, who is a private businessman, feels that we have defamed him, the police and DPP should ask him to file a civil suit against us instead of using public resources.

Datuk Ho Kay Tat
Publisher and group CEO
The Edge Media Group

Posted by Good123 > 2022-09-20 08:33 | Report Abuse

Tunggu rafizi membongkar kes projek yayasan atm pasukhas , kenapa sabri bagi projek ni kpd pasukhas, pengarah2 pasukhas tapi projek tergendala , tak berjalan lagi, tiada promosi jualan, dll

Posted by Good123 > 2022-09-20 08:36 | Report Abuse

Kenapakah pasukhas boleh mendapat projek yayasan veteran atm yang bernilai beratus-beratus juta ringgit walaupun sebagai Syarikat stok penny??? Apakah muslihat yang mau dibuat oleh sabri? Apakah ia satu lagi projek macam projek ternak lembu nfc dulu???