Posted by Good123 > 2022-09-30 07:05 | Report Abuse

Apa2 pun boleh jadi


KUALA LUMPUR (Sept 29): Heng Huat Resources Bhd received a notice of mandatory takeover offer from two substantial shareholders — its managing director Datuk H'ng Choon Seng and Goh Boon Leong — at 37.7 sen a share and 29.7 sen per warrant.

The conditional mandatory takeover was triggered after the duo entered into a joint venture (JV) to “formalise corporation in the management of Heng Huat and its subsidiaries”, Heng Huat in the filing with Bursa Malaysia on Thursday (Sept 29).

Their shares plus those held by parties acting in concert are all housed under GH Consortium Sdn Bhd. As a result, GH Consortium currently controls a 48.14% stake, or 359.25 million shares, exceeding 33.3% in Heng Huat. Accordingly, it is obliged to make a mandatory offer to acquire the remaining shares it does not own.

The number of shares the duo does not own is 386.98 million shares. Based on the offer price, it will cost the duo RM145.93 million to acquire all remaining shares.

The offerors intend to maintain the listing status of Heng Huat in the ACE Market, according to the filing.

Some substantial shareholders, such as CFamillie Holdings Sdn Bhd (21.81%); Ch'ng Boon Hock (3.57%) and Cheah Ah Hock (4.61%) have given their undertakings not to accept the takeover offer.

Heng Huat shares were last traded at 38 sen on Wednesday (Sept 28), valuing the group at RM283.6 million.

The offer price is at a 2.68% discount based on one day volume weighted average trade price (VWAP), and 0.03%-19.45% premium based on 1,3,6 and 12 months VWAP (volume-weighted average price).

According to the notice, the offerers intend to maintain the listing status of Heng Huat in the ACE market.

Trading in the shares and warrants of Heng Huat will resume from 9am on Friday (Sept 30).

Heng Huat is principally involved in the manufacturing and trading of biomass material and value-added products, focusing on oil palm empty fruit bunch fibre, coconut fibre and value-added products.

It also manufactures and distributes its own brands of mattresses and bedding accessories, and has ventured into furniture and property segments.

Read also:
Trading of Heng Huat’s securities halted pending material announcement

Posted by nightmare007 > 2022-09-30 07:56 | Report Abuse

Ministry @Good123, Good my boy! Next time, don't be late okay. if not investor will run away, then how to take over..

Posted by Good123 > 2022-09-30 10:00 | Report Abuse

Investing.com-- Chinese manufacturing activity unexpectedly grew in September, breaking two straight months of declines as a mix of stimulus measures and easing COVID lockdowns helped factories resume production. 

Posted by Good123 > 2022-10-02 11:12 | Report Abuse

Designed for multigenerational living | https://www.klsescreener.com/v2/news/view/1050603

Posted by nightmare007 > 2022-10-03 11:06 | Report Abuse

Ministry Good123, please do some copy and paste

Posted by Good123 > 2022-10-03 11:09 | Report Abuse

pemegang syer perlu bangkit untuk menentang pengarah2 :)

Agency theory is
normally used to describe a principal and agent relationship, where the agents (managers) may
have different interests than the principals (shareholders) (Latimer and Maume, 2015).

Posted by nightmare007 > 2022-10-03 11:34 | Report Abuse

Good my boy! Keep Posting! Great Job

Posted by Good123 > 2022-10-03 19:51 | Report Abuse

Adakah projek hartanah yayasan veteran atm dengan pasukhas satu skandal? Kenapakah mau bagi kpd pasukhas stok penny 2sen??

Rafizi dah beritahu ada beberapa skandal. Adakah ia melibatkan pasukhas?

Posted by Mrcool > 2022-10-03 19:59 | Report Abuse

Kahkahkah...good 123 masih membaca walaupun di kencing..kohkohkoh

Posted by Good123 > 2022-10-04 03:05 | Report Abuse

Termasuk tanah di kl untuk projek pasukhas kan? :)

https://malaysiadateline.com › vetera...
Veteran tentera sedih Najib gadai ribuan hektar tanah ATM - Malaysia Dateline
27 Apr 2018 — ... Mohamad Sabu memberitahu golongan tersebut sedih dengan pentadbiran Najib yang menggadai tanah milik Angkatan Tentera Malaysia (ATM).

Posted by nightmare007 > 2022-10-04 10:53 | Report Abuse

Good My boy! now move to scandal! Great Job!

Posted by nightmare007 > 2022-10-04 11:37 | Report Abuse

Minister Good123! Please back to pasukgb page. Don't disturb others page, if not i will fine you.

Posted by sunsetbiz > 2022-10-04 12:06 | Report Abuse

master Good123 go where comment also the share sink ....:)

Posted by Good123 > 2022-10-04 12:07 | Report Abuse

pekerja2 pasukhas sangat kaya haha

Issuance of new ordinary shares pursuant to the employees’ share option scheme ("ESOS"):-
No. of shares No. of shares
'000 RM'000 '000 RM'000
Exercise of Share options 117,926 2,270 496,426 9,806

Posted by Good123 > 2022-10-04 12:36 | Report Abuse

Amboi banyak webinar

https://www.bursamarketplace.com/dvtc/#webinars

Posted by nightmare007 > 2022-10-04 16:52 | Report Abuse

Amboii nk pru pun pasukgb belum naik lagi..katanya dana PRU, tertipu mungkin.. Terindah~~~

Posted by Good123 > 2022-10-04 20:14 | Report Abuse

Ace market punya stok masih hot. Tunggu pasukhas untung semula dan bos baru, :)


KUALA LUMPUR (Oct 4): Sunview Group Bhd’s 118 million new shares that were offered under its initial public offering (IPO) are all fully subscribed at the offer price of 29 sen per share.

The solar photovoltaic (PV) solutions provider, which will be listed on the ACE Market of Bursa Malaysia on Oct 17, said the 23.6 million new shares that are offered under the public portion have been oversubscribed by 63.19 times. There were a total of 13,240 applications for 1.51 billion new shares from the Malaysian public.

Sunview also received 7,116 applications for 600.24 million shares under the Bumiputera portion and 6,127 applications for 914.74 million shares were received under the other Malaysian public category, which translated to an oversubscription rate of 49.87 times and 76.52 times against the respective 11.8 million shares made available to both public categories.

Meanwhile, the nine million shares made available for the eligible directors, employees and persons were also fully subscribed, it said.

Alliance Islamic Bank Bhd, the placement agent for the listing exercise, confirmed that the 85.4 million shares made available for application by way of private placement to selected investors have also been fully placed.

Alliance Islamic Bank is also the principal adviser, sponsor and sole underwriter for the IPO exercise.

At an issue price of 29 sen apiece, Sunview targets to raise RM34.22 million via the listing exercise to mainly fund the group’s working capital requirements.

Of the total proceeds expected to be raised from the IPO, RM20.1 million or 58.72% has been earmarked to fund the group’s working capital.

According to Sunview’s IPO prospectus, the RM20.1 million ring-fenced for its working capital will be used for construction bonds, purchase of materials for its engineering, procurement, construction and commissioning (EPCC) solar PV projects, and general working capital.

Meanwhile, the RM1.86 million set aside for capex is to purchase mechanical equipment, IT-related system and electrical equipment to support its existing and new EPCC projects.

The RM1.67 million for business expansion is to be used to set up new offices in Johor, establish new complimentary products for solar PV power applications, as well as for marketing activities.

Sunview’s profit after tax (PAT) for the financial year ended March 31, 2022 (FY22) stood at RM8.89 million, compared with RM5.79 million in FY21, RM2.53 million in FY20, and a loss after tax of RM708,000 in FY19.

Revenue came in higher at RM99.26 million in FY22 against RM43.33 million in FY21, RM26.38 million in FY20 and RM5.65 million in FY19.

Posted by Good123 > 2022-10-04 20:17 | Report Abuse

Pasukhas juga tenaga hijau kan? :)


KUALA LUMPUR (Oct 4): Stocks involved in the solar photovoltaic (PV) sector rose in Bursa Malaysia’s trading session on Tuesday (Oct 4), amid some buying interest due to the rebound in the market.

Samaiden Group Bhd rose 5.73% or 4.5 sen to 83 sen as at the time of writing, after rising to an intraday high of 84 sen. Trading volume rose to 9.38 million shares, 15 times its two-month average 595,750 shares.

The counter, which has rallied since July this year, saw its share price increase 27.89% year-to-date (YTD).

Meanwhile, Cypark Resources Bhd was the second most active counter on Bursa, rising 3.49% or 1.5 sen to 44.5 sen. Its trading volume swelled to 60.51 million, more than triple its two-month average of 18.57 million.

The counter’s share price, however, has depreciated 50.56% since the beginning of this year.

Other solar PV companies also rose. Shares of Solarvest Holdings Bhd, which tumbled 40.4% YTD, were up three sen or 4.2% to 74.5 sen, as trading volume more than doubled its two-month average of 1.5 million shares with 3.53 million shares traded.

Pekat Group Bhd rose 2.5 sen or 5.21% to 50.5 sen with 8.87 million shares traded, more than four times its two-month average of 1.98 million shares.

The share price movement of the solar PV companies on Tuesday came ahead of the wider rise in Bursa. Save for the Plantation Index, which fell 1.09%, all indices were in the green including the KLCI (up 0.84%), Small Cap Index (up 1.05%), and ACE Index (1.22%).

Other listed companies with solar-related operations also rose, including oil and gas services companies Reservoir Link Energy Bhd (up 4.11% or 1.5 sen to 38 sen), and Uzma Bhd (up 1.35% or half a sen to 37.5 sen).

Save for Samaiden, the sector has taken a beating this year, tracking the poor market sentiment across the wider market, with Cypark down nearly 50% YTD amid concerns over its balance sheet and project progress, followed by Solarvest (down 40%) and Pekat.

Samaiden, when asked about the reason for the jump in its share price, said it is not aware of any material development and that everything is “business as usual”.

“The domestic stock market has been challenging lately and therefore, no surprise if there is a rebound as market sentiment gradually becomes more positive,” Samaiden told The Edge.

The group has an orderbook of RM345 million spanning three years, it added.

Posted by Good123 > 2022-10-04 20:47 | Report Abuse

Political business in Malaysia kononnya :)

https://www.theedgemarkets.com/article/zahids-soninlaw-redesignated-jiankuns-deputy-executive-chairman

Posted by Good123 > 2022-10-04 22:21 | Report Abuse

Ya lah :)

https://www.theedgemarkets.com/article/nazir-razak-serious-problem-blanket-subsidies-reform-needed-address-fiscal-impact

Posted by Good123 > 2022-10-05 08:05 | Report Abuse

:)

https://www.theedgemarkets.com/article/if-corruption-was-disease-malaysia-stage-four-cancer-%E2%80%94-nazir-razak

Posted by Good123 > 2022-10-05 08:52 | Report Abuse

Nak menipu, berbuat curang sampai bila, dato2 ,dll dalam lembaga pengarah, andaikan duit pelabur bagai wang neraka untuk anda semua:)

Posted by Good123 > 2022-10-05 10:12 | Report Abuse

Tunggu je.. puak pengarah yg tak beretika akan lakukan semua :)

https://www.theedgemarkets.com/article/mmag-price-doubles-volume-spikes-highest-year

Posted by Good123 > 2022-10-05 13:15 | Report Abuse

(Oct 5): As Prime Minister Datuk Seri Ismail Sabri Yaakob prepares his re-election bid, his administration’s final Budget on Friday (Oct 7) offers him a rare opportunity to win over voters with spending proposals that many expect will be heavy on feel-good factor and light on new taxes.

Ismail Sabri, who is under pressure from Umno to call for an election before the year is out, needs to get the Budget math right before the vote. For that, he must reconcile the goal of narrowing the fiscal deficit to keep investors’ faith in the economy with the need for shielding the masses from high inflation, while ensuring economic growth remains sustainable.

“The Budget proposals will be generous, filled with various goodies for the people, providing cash assistance to low-income households,” said Imran Nurginias Ibrahim of BIMB Securities.

Economists expect Malaysia to stick with cash handouts and subsidies for targeted groups, consider a loan moratorium for small businesses to offset rising interest rates, and increase allocation for healthcare, among other measures. The aid is key to helping Ismail Sabri build public goodwill, given some 70% of the low-income households in a World Bank survey said they were unable to meet their monthly basic needs.

Here’s what to watch for in the Budget:

Fiscal space
The Government will probably aim to narrow the Budget deficit to 5% of gross domestic product (GDP), according to a Bloomberg survey of economists. That compares with a target of 6% of GDP for this year. That goal may be achieved by increasing revenue through higher tax compliance, rather than announcing new taxes for locals, or cutting back on subsidies that are expected to reach a record RM80 billion this year, the survey showed.

Limited fiscal space also means the Budget won’t be overly expansionary, said Apurva Sanghi, World Bank’s lead economist for Malaysia. A record RM332.1 billion was allocated for this year’s spending plan to spur post-Covid-19 recovery.

Other revenue-raising initiatives could include a 15% tax on multinational companies, increasing government debt by tapping domestic savings or relying on additional dividends from state oil company Petroliam Nasional Bhd (Petronas). Thanks to high energy prices, Petronas doubled its dividend to the Government this year to RM50 billion.

Targeted subsidies
Fiscal consolidation could also be achieved via reduced spending.

The Government’s special Covid-19 fund is set to expire next year, and the recent fall in global commodity prices could lower subsidy commitments, according to CGS-CIMB analysts Ivy Ng and Nagulan Ravi. Those factors, as well as implementing targeted fuel subsidies, could result in total savings of about RM23 billion, the analysts said.

Sectors or industries that will likely benefit from the Budget include consumer staples, food, affordable housing and tourism, according to Maybank. Eyes will also be on the announcement of new major infrastructure projects, especially Phase 3 of the Klang Valley Mass Rapid Transit (MRT) project.

Posted by Good123 > 2022-10-05 16:45 | Report Abuse

5, October 2022, Wednesday

USA
The S&P 500 index posted its biggest single-day rally in two years on Tuesday after softer U.S. economic data and Australia's smaller-than-expected interest rate hike stirred hope for less aggressive tightening by the Federal Reserve.

Posted by Good123 > 2022-10-05 21:33 | Report Abuse

Semoga tak berlaku dalam pasukhas:)


KUALA LUMPUR (Oct 5): Caely Holdings Bhd has filed a police report against 12 shareholders, including former managing director Datuk Chuah Chin Lai and his wife Datin Fong Nyok Yoon, for allegedly misappropriating RM31 million in funds.

The other shareholders are Goh Choon Kim, Chin Boon Long, Chong Loong Men, Leong Seng Wui, Kok Kwang Lim, Valhalla Capital Sdn Bhd, Hong Seng Capital Sdn Bhd, Goh Choon Heng, Luhur Sejahtera Sdn Bhd and Zaidi Zainudin.

“Caely has vide a firm of solicitors on Oct 5, 2022 lodged a police report and requested the police to investigate any possible element of crime and the suspected misappropriation of funds that have caused losses to Caely and also the concealment of malpractice by members of the previous board of directors,” the group said in a Bursa Malaysia filing.

In August, the troubled lingerie maker had filed a lawsuit against the 12 shareholders seeking the return of the funds.

Caely, together with its wholly owned subsidiary Caely (M) Sdn Bhd, alleged that Chuah and Fong had misappropriated RM30.55 million from the subsidiary through 10 questionable related-party transactions.

As of May 25, Chuah had a 5.66% stake in Caely and was MD of the group between October 2002 and April 2021, while Fong — who still sits on the board as a non-executive director — owned a 7.4% stake.

Caely claimed in the suit that the other 10 shareholders had conspired with Chuah and Fong to cover up the alleged embezzlement and breach of fiduciary duty.

Caely’s shares closed up one sen or 3.57% at 29 sen, valuing the group at RM74.89 million.

Posted by Good123 > 2022-10-06 09:31 | Report Abuse

Historical p/b value~0.5, nta 11sen, based on historical p/b value, current price should be 5.5sen... just wait n see..

All the dirty tactics used is over now.

Tengok ada pihak takeover tak :)

Posted by Good123 > 2022-10-06 09:32 | Report Abuse

Pasukhas baik bagi pihak yang mau backdoor listing, dll

Posted by Good123 > 2022-10-06 10:39 | Report Abuse

Projek yayasan veteran atm tu, jika tak mau buat , jualkan semua kpd pihak lain. Untung atas angin tu boleh bagi semua pemegang syer :)

Posted by Good123 > 2022-10-06 12:50 | Report Abuse

Apa2 pun boleh jadi
:)

KUALA LUMPUR: Cosmos Technology International Bhd membuat penampilan sulung yang kukuh di Pasaran ACE Bursa Malaysia pada harga 50 sen hari ini, premium sebanyak 15 sen berbanding harga tawaran awam permulaan (IPO) sebanyak 35 sen.

Pada loceng pembukaan, kaunter menyaksikan 7.98 juta saham bertukar tangan.

Sebelum ini, penyedia penyelesaian teknologi air bersepadu untuk industri air dan air sisa serta minyak dan gas telah disenaraikan di Pasaran LEAP antara 9 Mac 2020 dan 10 November 2021 sebelum melakukan penyahsenaraian secara sukarela untuk memudahkan pemindahannya ke Pasaran ACE.

Pengarah Urusan Cosmos, Datuk Chong Toh Wee, berkata syarikat itu menjangka permintaan kukuh daripada pelanggan baharu dan sedia ada untuk produk logam fabrikasinya yang digunakan dalam sektor minyak dan gas memandangkan harga minyak mentah kekal menarik.

"Prospek untuk perniagaan kami dalam beberapa tahun akan datang masih optimistik.

"Ini juga disebabkan oleh permintaan yang kukuh bagi meter aliran elektronik daripada industri air dan air sisa di Malaysia dengan penggunaan pendigitalan dan automasi dalam memantau laluan air di negara kita," katanya kepada media selepas majlis penyenaraian di sini, hari ini.

Daripada jumlah RM22.44 juta hasil yang diperoleh daripada pelaksanaan penyenaraian itu, syarikat akan memperuntukkan RM10 juta bagi pemerolehan sebuah kilang separa berkembar terdiri daripada kemudahan pejabat dan gudang di Balakong, Selangor dan RM3.5 juta untuk pembelian jentera baharu.

Toh Wee berkata, dana yang diperoleh akan membolehkan syarikat mempercepatkan usahanya dalam memperkemas dan menyatukan operasinya, mengautomasikan proses pengeluaran dan meningkatkan tahap kecekapan dan produktiviti.

"Dengan bangunan kilang baharu, kami akan menggabungkan operasi kerana kami mempunyai dua kilang berasingan di Semenyih dan Balakong dan mahu menyelaraskan pentadbiran dalaman dengan proses kewangan untuk meningkatkan kecekapan sambil mengurangkan masa dan kos buruh.

"Kami juga akan membeli jentera baharu untuk kilang termasuk mesin pemotong laser dan mesin pemotong paip tiub serta mesin brek tekan dan mesin kimpalan robotik untuk meningkatkan kecekapan dan kapasiti pengeluaran," kata Toh Wee.

-BERNAMA

Posted by Good123 > 2022-10-06 14:38 | Report Abuse

Bila mau bina projek hartanah yayasan veteran atm di kl? :)

Most notably, Asians who tend to indulge in cross-border property investments are mostly from China. Having taken over the US in terms of international buying power, they are a force to be reckoned with. They represent tremendous opportunities

Posted by Good123 > 2022-10-06 15:33 | Report Abuse

Bila rakyat China dibenarkan keluar, sektor hartanah boleh dirangsangkan, dll :)

https://www.businessoffashion.com/news/china/chinese-snap-up-used-rolexes-birkins-to-satisfy-luxury-cravings-amid-slowdown/

Posted by nightmare007 > 2022-10-06 16:31 | Report Abuse

rangsang sahaja, terbang itu tak pasti...huhuhuhu...good123 ditipu pengarah2

Posted by Good123 > 2022-10-07 07:08 | Report Abuse

Done :)

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

Posted by Good123 > 2022-10-07 07:08 | Report Abuse

Done also

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

Posted by Good123 > 2022-10-07 07:09 | Report Abuse

Projek yayasan veteran atm di KL belum buat

Posted by Good123 > 2022-10-07 07:10 | Report Abuse

AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END 30/6/2022

Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1100

Posted by Good123 > 2022-10-07 07:12 | Report Abuse

Current price 2sen vs 11sen nta

Projek yayasan veteran atm dimana selepas duit terbitan syer baru dah dibayar... Pengarah2 dah songlap/sakau ka? :)

Posted by Good123 > 2022-10-07 07:41 | Report Abuse

Boleh buat solar ka selain hidro electric?


KUALA LUMPUR (Oct 6): G Capital Bhd’s 70%-owned subsidiary Solarcity Malaysia Sdn Bhd has inked an agreement to sell solar energy to Aryzta Food Solutions Malaysia Sdn Bhd.

G Capital said the solar energy will be generated from a 1,100KWp solar photovoltaic (PV) system on Aryzta’s premises in Pulau Indah, Selangor.

“The PPA (power purchase agreement) will be for a period of 25 years,” the group said in a filing with Bursa Malaysia.

Aryzta — a subsidiary of Swiss-listed Aryzta AG — is principally involved in providing food services and processing, as well as trading frozen food.

“The PPA is not expected to have any material impact on the earnings and net assets of the group for the financial year ending Dec 31, 2022,” it said.

Shares in G Capital closed unchanged at 47.5 sen, giving the group a market capitalisation of RM150.71 million.

Posted by Good123 > 2022-10-07 08:09 | Report Abuse

Luxury condos , revival again :)

https://www.scmp.com/news/asia/southeast-asia/article/3194974/rich-chinese-are-flocking-buy-luxury-singapore-condos?utm_content=article&utm_medium=Social&utm_source=Facebook#Echobox=1665019967

Posted by Good123 > 2022-10-07 09:57 | Report Abuse

KUALA LUMPUR: The 2023 Budget should have impactful measures for first-time homebuyers such as giving them a one-off grant for a property priced up to RM500,000, industry players said.

Gamuda Land chief executive officer Ngan Chee Meng said the local property market continued to face challenges such as rising prices for building materials and compliance costs, and weak demand.

The cost of living is also higher, with more people without work, he said.

"My wish list includes everyone being able to buy a home and returning to normalcy. For homeowners and first-time homebuyers, we hope the government will do much more. Many people lack the means to even pay the down payment," he told the New Straits Times.

"I don't believe that the dynamics will change as a result of the rising overnight policy rate because it will not significantly affect borrowers. Whether people have work will change the dynamics. We hope the government can control inflation and that a recession won't occur," Ngan added.

Tan Sri Leong Hoy Kum, the founder and group managing director of Mah Sing Group Bhd, hopes that the government will announce new programmes to aid first-time homebuyers, simplify the home-buying process for them, and accelerate the recovery of the real estate market.

The developer's budget wishlist also calls for reactivating the MyHome Scheme programme for qualified buyers and providing a one-time RM30,000 first-time homebuyer incentive for properties valued up to RM500,000.

The Home Ownership Campaign (HOC) or first-time homeownership rebates are on LBS Bina Group Bhd executive chairman Tan Sri Lim Hock San's wish list.

Lim said despite the fact that 2022 had been predicted by many to be the year of recovery as economies gradually reopen following the two tumultuous years of lockdowns and business disruptions caused by the pandemic, it had been a difficult year.

The country felt the effects of a persistent labour shortage, interest rate hikes and an increase in raw material prices.

He expects the government to subsidise the rising cost of raw materials to reduce construction prices, which are projected to rise by an average of 19 per cent this year, according to the Real Estate and Housing Developers' Association of Malaysia.

Tan Ka Leong, group managing director of CBRE|WTW, said although property consultants were more focused on the property market, there was a need for a more holistic approach in the face of the global economic slowdown, falling household income, slower export earnings, and the weakening ringgit.

He believes that requesting for additional incentives to encourage house buying will have a negligible impact if house buyers do not have the income to buy homes.

"We need to increase manufacturing output and export earnings and, in this way, put more money into the hands of households to purchase properties," he told the NST.

Posted by Good123 > 2022-10-08 19:02 | Report Abuse

https://www.theedgemarkets.com/article/noor-azri-resigns-serba-dinamik-director

Posted by GhostRider999 > 2022-10-09 07:07 | Report Abuse

I really salute u Good123. U never gaveup trying to push back this con stock since last year

Posted by whistlebower99 > 2022-10-11 08:35 | Report Abuse

UNIVERSE and Good123 stuck deep in the mud hole, trying very hard to climb up
Keep trying, don't give up

Posted by nightmare007 > 2022-10-11 09:45 | Report Abuse

@good123 where are you don't be late!!

Posted by mirza85 > 2022-10-11 13:18 | Report Abuse

where is good123?? sick leave ?

Posted by Good123 > 2022-10-11 13:50 | Report Abuse

sabar je!

Badru, B. O., Ahmad-Zaluki, N. A., Wan-Hussin, W. N. (2017). Board characteristics and the amount of capital raised in the Malaysian IPO market. Journal of Multinational Financial Management, 42-43, 37-55.

Posted by Good123 > 2022-10-11 13:52 | Report Abuse

jangan risau... bertenang ya :)

Ahmad-Zaluki, N. A., Campbell, K., & Goodacre, A. (2011). Earnings management in Malaysian IPOs: The East Asian crisis, ownership control and post-IPO performance. International Journal of Accounting, 46(2), 111-137.
Ahmad-Zaluki, N. A., Campbell, K., & Goodacre, A. (2007). The long run share price performance of Malaysian initial public offerings (IPOs). Journal of Business Finance & Accounting, 34(1&2), 78-110.

Posted by nightmare007 > 2022-10-11 15:11 | Report Abuse

@Good123 Good My boy, Next time don't be late okay. You already take leave for three days!

Posted by Good123 > 2022-10-12 06:34 | Report Abuse

KUALA LUMPUR (Oct 11): Malaysian politically-affiliated stocks seem to have piqued the interest of investors on Tuesday (Oct 11), following the dissolution of Parliament on Monday (Oct 10), with some of them bucking the overall market bearish sentiment to close slightly higher.