Posted by Good123 > 2022-10-22 12:30 | Report Abuse

Projek hartanah KL yayasan veteran atm boleh dibina tak lama lagi :)

Malaysian Chinese Tourism Association hoped China would lift restrictions in the first quarter of 2023.

Posted by Good123 > 2022-10-24 10:55 | Report Abuse

Kenangan sedikit:)

PASUKGB (0177)

Pada 30 Mei 2022, Anak syarikat milik penuh Pasukhas Group Berhad, Pasukhas Sdn Bhd telah menerima surat anugerah daripada Exyte Malaysia Sdn Bhd (EMSB) untuk kerja-kerja pembinaan membabitkan gudang am di Kulim, Kedah bernilai RM31.16 juta.

Dalam makluman kepada Bursa Malaysia, syarikat itu berkata kerja itu melibatkan fasa pertama projek AT&S berkaitan dengan substruktur dan superstrukturnya dari peringkat pertama hingga peringkat ketiga.

AT&S yang beribu pejabat di Austria ialah peneraju pembuatan global bagi papan litar bercetak (PCB) dan substrat litar bersepadu (IC) mewah.

Lokasi baharunya di Kulim Hi-Tech Park, Kedah akan menghasilkan PCB dan substrat IC mewah yang melibatkan jumlah pelaburan yang dicadangkan sebanyak RM8.5 bilion dan ia akan mewujudkan 5,000 pekerjaan berteknologi dan berimpak tinggi.

Pemfailan berkata pembinaan akan dimulakan pada 6 Jun 2022 dan dijangka siap pada suku pertama 2023.

Pasukhas berkata anugerah itu selaras dengan pengembangan perniagaan syarikat.

Posted by Good123 > 2022-10-26 08:58 | Report Abuse

:)


KUALA LUMPUR (Oct 25): Perak-based lingerie and apparel manufacturer Caely Holdings Bhd has been issued with another requisition notice to convene an extraordinary general meeting (EGM).

However, the company’s filing with Bursa Malaysia on Tuesday (Oct 25) to announce the matter did not disclose reasons for the requisition.

Caely said it received the notice dated Oct 21 from Messrs Ahmad Deniel, Ruben & Co, which represents the company’s former executive vice-chairman Datin Seri Jessie Wong Siaw Puie, and four others ― Zhang Jia, Leow Boon Kin, Datuk JP Low Kok Chuan and Cheng Kwee.

“The company is seeking legal advice on the matter and any material development will be announced accordingly,” Caely added.

When contacted by The Edge on further details of the requisition notice, a Caely spokesperson said: “We are unable to comment on the matter at the moment”.

Previously, Wong was ousted from Caely’s board of directors, together with six other directors ― Datuk Loh Ming Choon, Mohamad Hanafiah Zakaria, Sin Hock Min, Ng Mei Choo, Koo Chen Yeng and Datuk Koh Mui Tee ― as a result of a court decision.

On June 15, three shareholders of Caely Holdings Bhd ― Francis Leong Seng Wui, Kok Kwang Lim and Valhalla Capital Sdn Bhd ― had attempted to remove the seven board members but failed to do so, after the meeting was adjourned.

The matter was later brought to court, whereby the court had ruled that the adjournment of the EGM was invalid and that the resolutions to remove the directors were approved. Caely is now steered by a new board, headed by Leong, who is its executive director.

Shares of Caely closed 1.5 sen or 5.36% higher at 29.5 sen on Tuesday, giving the company a market capitalisation of RM76.18 million.

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

projek hartanah yayasan veteran atm di kL dah diberikan kpd pasukhas.. pengarah2 pasukhas boleh jualkan semua syer esos kpd konglomerat hartanah, wayang dah mau tamat!

Posted by nightmare007 > 2022-10-26 10:31 | Report Abuse

kahkahkahkhakah,
bagaimana pula dengan project sungai udang? diam mebisu? sudah ditipukah?

Posted by Good123 > 2022-10-26 10:39 | Report Abuse

KUALA LUMPUR: Bursa Malaysia rebounded to trade higher on Wednesday, with buying interest sparked by election play and the Wall Street's rally after a slew of stronger-than-expected corporate earnings.

Posted by 651158 > 2022-10-26 10:50 | Report Abuse

Just buy in more and more anytime can be boom up

Posted by Good123 > 2022-10-26 14:50 | Report Abuse

high levels of uncertainty are associated with high potential returns

Posted by Good123 > 2022-10-26 14:51 | Report Abuse

taking on some risk is the price of achieving returns

Posted by Good123 > 2022-10-26 14:52 | Report Abuse

risk cannot be totally eliminated

Posted by Good123 > 2022-10-26 14:53 | Report Abuse

insider dealing via esos, private placement, etc done.... time to fly kot

Posted by Good123 > 2022-10-26 14:55 | Report Abuse

M&A to generate fund for election... kian menarik :)

Posted by nightmare007 > 2022-10-26 16:16 | Report Abuse

Talk Talk only, satu pun tak jadi... kahkahkahkahkah

Posted by nightmare007 > 2022-10-26 17:24 | Report Abuse

lagi 2 minggu mahu PRU, Harga masih sama? DNA PRU katanya,

Hmmm takkan good123 ditipu lagi kot.. Terindah

Posted by nightmare007 > 2022-10-27 09:08 | Report Abuse

selepas DNA PRU, skrg take over pula...kekekekekkekekekee...let's guess what is next?

Posted by Good123 > 2022-10-27 09:22 | Report Abuse

As international travel returns, Singapore Airlines has ramped up hiring - welcoming and training multiple batches of new cabin crew. Follow the journey of one batch of recruits. https://str.sg/wVRn

Posted by Good123 > 2022-10-27 11:39 | Report Abuse

KUALA LUMPUR: Indeks barometer Bursa Malaysia terus bergerak melepasi paras 1,450 apabila kebimbangan mengenai hala tuju kadar faedah yang lebih tinggi berkurangan di peringkat serantau.

Kenaikan itu juga di sebalik prestasi Wall Street yang bercampur-campur.

Posted by nightmare007 > 2022-10-27 14:41 | Report Abuse

copy and dont forget too paste yaaa! hehehhehe

Posted by Good123 > 2022-10-27 16:22 | Report Abuse

2021:Disclosure Level and Quality Effect of Forward-Looking Information on Firm’s Stock Return: The Moderating Effect of Ownership Structure

Posted by Good123 > 2022-10-27 16:25 | Report Abuse

2021:Evidence from Multiple Countries: Does Investment into Internal Corporate Social Responsibility Improve Firm Efficiency?

Posted by Good123 > 2022-10-27 16:28 | Report Abuse

Can China’s Cross-Sectional Dispersion of Stock Returns Cause or Influence the Herding Behaviour of Traders in Other Local Markets and China’s Trading Partners?

Posted by Good123 > 2022-10-27 23:05 | Report Abuse

Does the Impact of Transparency and Disclosure on the Firm’s Valuation Depend on the ESG?

Posted by Good123 > 2022-10-27 23:06 | Report Abuse

Importance of green innovation for business sustainability: Identifying the key role of green intellectual capital and green SCM

Posted by Good123 > 2022-10-27 23:06 | Report Abuse

Assessing the relationship between corporate governance and firm performance

Posted by Good123 > 2022-10-28 07:57 | Report Abuse

Can pasukhas do the same? :)


KUALA LUMPUR (Oct 27): Five shareholders of Caely Holdings Bhd, who collectively hold at least 10% equity interest in the company, have called for an extraordinary general meeting (EGM) be held to discuss several issues, including the exclusion of certain shareholders from participating in meetings as well as the appointment of new directors.

The five shareholders are former executive chairman Datin Seri Jessie Wong Siaw Puie, Zhang Jia, Leow Boon Kin, Datuk JP Low Kok Chuan and Cheng Kwee.

This comes after the troubled lingerie manufacturer announced two days earlier, that it has been issued with another requisition notice to convene an EGM, without disclosing the details as Caely said it wanted to verify the shareholdings of these five people.

“The company is seeking legal advice and will announce any material development accordingly in due course,” said Caely in a bourse filing on Thursday (Oct 27).

The notice, which lists 14 proposed resolutions, seeks, amongst others, the disqualification of 12 shareholders’ rights, the reinstatement of the company’s previous lawyers Messrs Bachan & Kartar, and barring the company from withdrawing certain lawsuits.

Boardroom fiasco continues
According to the notice, the five requisitionists are seeking to disqualify 12 shareholders including founder and former executive director Fong Nyok Yoon and her husband Chuah Chin Lai from exercising their rights as directors or shareholders of the company, as well as voting on any resolutions of the EGM or any other meetings.

The 10 other shareholders are Goh Choon Kim, Chin Boon Long, Chong Loong Men, Francis 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.

To recap, Caely filed a civil lawsuit against these 12 shareholders, who collectively own 50.01% of Caely shares, in the Ipoh High Court in August this year. The suit alleges that they conspired to cover up the misappropriations of funds amounting to RM30.55 million involving Caely’s wholly-owned subsidiary Caely (M) Sdn Bhd.

The notice is also seeking the appointment of new directors namely Datuk Ir Lim Siang Chai, who is the former deputy finance minister, as well as Datuk JP Low Kok Chuan and Tony @ Hoo Swee Seong Mun until the Ipoh High Court suit concludes.

Additionally, the requisitionists are requesting the cessation of the company’s new lawyers for the Ipoh High Court suit, Messrs Wilson Lim, and the reinstatement of their old lawyers for the case, Messrs Bachan.

Besides this, Wong and the four shareholders are also seeking to refrain Caely from withdrawing or instructing its lawyers to handle the Ipoh High suit “to the detriment of the company”.

Similar proposals are listed for Caely’s suit in the Kuala Lumpur High Court, and the appeal for that case.

Caely was previously been embroiled in a suit at the Kuala Lumpur High Court which resulted in Wong, and six other directors — Datuk Loh Ming Choon, Mohamad Hanafiah Zakaria, Sin Hock Min, Ng Mei Choo, Koo Chen Yeng and Datuk Koh Mui Tee — being ousted from its board.

This stemmed from three of Caely’s shareholders — Leong, Kok and Valhalla Capital — having sought to remove the seven board members but failed after the meeting was adjourned.

The matter was later taken to Kuala Lumpur High Court, with the court ruling that the EGM’s adjournment was invalid, after which the court approved the resolutions to remove the directors. Leong currently leads the company’s board as executive director.

However, the case is pending appeal after Messrs Bachan filed a notice of appeal allegedly on behalf of the company, according to a filing on Sept 21. The filing said the law firm claims to act for five of the directors who were removed — Wong, Loh, Mohamad Hanafiah, Sin and Koo.

Caely shares were last traded at 30 sen, with a market capitalisation of RM77.47 million.

Posted by Good123 > 2022-10-28 14:45 | Report Abuse

DEVELOPMENT, CIVIL ENGINEERING & CONSTRUCTION SERVICES
We provide construction services with the intention to exceed our clients’ expectations for quality, timely and safely.


M & E ENGINEERING SERVICE
Our core business offers an integrated solution in M&E engineering that ensures our presence from the inception of a project to its completion.


TRADING
The year 1998 marks PSB as the agent of distribution and power transformers for Tusco Trafo Co Ltd, Thailand. We also extend our trading division into coal and sand trading.


ENERGY DIVISION
We own a mini hydro plant at Sungai Rek, Kuala Krai, Kelantan

Posted by Good123 > 2022-10-28 14:45 | Report Abuse

https://pasukhasgroup.com/pasukhas-eyes-main-market/

Posted by Good123 > 2022-10-28 15:04 | Report Abuse

After manipulating downward, directors curi dari minority shareholders melalui esos dan private placement to buddies kan? :)

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
Fractional Entitlement
Registrar or Service Provider name, address, telephone no BOARDROOM.COM SDN BHD
Level 5, Block B, Dataran PHB
Saujana Resort, Section U2
40150 Shah Alam
Selangor
Malaysia
Tel:0378900638
Fax:0378901032


Remarks :
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 21 June 2021 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, Boardroom.com Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 21 June 2021.

The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue with Warrants complies with the laws of any country or jurisdiction other than the laws of Malaysia.

Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 21 June 2021.

This announcement is dated 4 June 2021.

Announcement Info
Company Name PASUKHAS GROUP BERHAD
Stock Name PASUKGB
Date Announced 04 Jun 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-04062021-00006
Corporate Action ID MY210604RHDI0001

Posted by Good123 > 2022-10-28 16:09 | Report Abuse

perlu aktif kembali supaya premium kecairan menurun...

mungkin pengarah2 dah mau cabut, apa2 pun boleh jadi :)

Posted by Good123 > 2022-10-29 07:31 | Report Abuse

KUALA LUMPUR (Oct 28): The Social Security Organisation (Socso) has entered into a term sheet with Acme Holding Bhd's wholly owned subsidiary for the development on a 1.87-acre piece of land in Kuala Lumpur.

In a Bursa Malaysia filing on Friday (Oct 28), Acme said Lagenda Etika Sdn Bhd (LESB) will undertake the proposed planning, design, construction and completion of the development of the land.

Based on the term sheet, the development includes a 48-storey serviced apartment block, an eight-storey car park, two-storey commercial retail and one-storey basement car park on the land.

A check of the address revealed that Socso entered into a sale and purchase agreement of the freehold land from Malaysian Resources Corp Bhd (MRCB) on March 19, 2018 for RM323 million excluding goods and services tax.

In a bourse filing then, MRCB said the land was originally acquired on April 7, 2015 for RM259.16 million.

Acme said the development is subject to the approved development order issued by Kuala Lumpur City Hall dated Oct 31, 2017 and subject to a definitive agreement between Socso and LESB.

"The execution of the definitive agreement will enable Acme and its subsidiaries to undertake the project and in return, gain development rights on the development land for the development and construction of residential and commercial projects within the proximity of Kuala Lumpur.

"The project could contribute positively to the group's financial performance going forward," Acme said.

On Friday, Acme's share price closed unchanged at 19 sen, valuing the group at about RM69.83 million.

Read also:
MRCB sells land to Socso for RM323m, to realise RM30m gain

Posted by Good123 > 2022-10-29 10:05 | Report Abuse

kebangkitan penny stok kononnya :)

######################################################
Last Friday saw penny stocks getting large Vol. For sure ikan bilis is warming up for GE15 goreng.
EduSpec (RM0.02) 63mil ---Tawin( RM0.055) 51mil---Hexind (RM0.545) 50mil

Posted by Good123 > 2022-10-30 17:05 | Report Abuse

juga ada banyak warrants, time value of the warrant juga agak panjang lagi... jika ia naik dengan mengejut, banyak wangjuga akan diwujudkan melalui warrantnya

Posted by Good123 > 2022-10-30 17:56 | Report Abuse

warrant pasukhas masih lama sebelum matang

Maturity 2024-07-14 exercise price 10sen///

jika kembali 10sen & above, ramai jadi kaya :) tengok ada kejutan sebelum pru 15 tak... ramai mau wang untuk menderma kpd para pengundi luar bandar kan? hahaha

Posted by 651158 > 2022-10-30 20:39 | Report Abuse

So long also no use no body wait to buy 0.010 also nobody buy can buy in but must sell out by lost money

Posted by 651158 > 2022-10-30 20:45 | Report Abuse

Mother already big lost if buy in song more lost money lo

Posted by MichelleNg > 2022-10-30 21:21 | Report Abuse

looks like new boss taking over. Waiting someone buying only can monitor

Posted by Good123 > 2022-10-31 08:15 | Report Abuse

Turing its annual conference held on Oct 19 and 20, the Institute of Internal Auditors Malaysia asked internal auditors to play a proactive role in elevating public-listed companies’ (PLCs) sustainability-related practices (encompassing environmental, social and governance, or ESG) and disclosures, including climate change-related disclosures aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFDs). On Sept 26, Bursa Malaysia announced enhanced sustainability reporting requirements for PLCs listing on the Main Market and ACE Market. This announcement had a major implication for internal auditors and the internal audit function (IAF).

Accordingly, PLCs on the Main Market are also required to disclose enhanced quantitative information on their sustainability targets such as a minimum of three financial years’ data for each reported indicator, including a statement of assurance on whether the company’s sustainability statement has been reviewed internally by internal auditors or independently assured. Furthermore, ACE Market PLCs are required to strengthen their sustainability reporting to align with those of the Main Market, with an additional condition to disclose a basic plan to transition towards a low-carbon economy. This puts pressure on the ACE Market-listed PLCs to consider climate change-related risks and opportunities, taking into account their maturity in the climate change space.

This is a timely move by Bursa to signal the start of the nation’s net zero commitments. More importantly, to ensure a successful implementation of the requirements, Bursa has adopted a multi-year, phased implementation approach. Main Market-listed PLCs will need to disclose common sustainability matters for the financial year ending on or after Dec 31, 2023, and culminating with the TCFD-aligned disclosures for the financial year ending on or after Dec 31, 2025. This wake-up call for Corporate Malaysia has prompted many events focused on ESG. The clear message arising from these events is that the board of directors has a critical role in strategising the company’s ESG journey to achieve sustainability targets and PLCs have limited opportunity to greenwash. Therein lies the enhanced role of internal auditors.

Bursa’s announcement aligns with the global race against climate change — the most defining issue at present. More importantly, the public needs to play a proactive role in climate change adaptations. However, public information on the effects of climate change is sadly lacking. Sustainability reporting and climate-related disclosures by PLCs can provide important information in this respect.

The impact of climate change needs to be clearly understood and appreciated. Climate change refers to long-term shifts in temperatures and weather patterns that occur naturally, such as through variations in the solar cycle. However, human activities have been the main driver of climate change since the 1800s, mainly due to burning fossil fuels like coal, oil and gas, which generate greenhouse gas emissions (including carbon dioxide and methane) that trap the sun’s heat and raise temperatures.

Dr Nampuna D Gultom from Sunway University Business School, in his ongoing research, conducted a historical literature survey of economic and financial crises from AD34 to the present. He found evidence to suggest that climate change was already one of the critical factors affecting the lives of human beings. For instance, there is recorded data during the Great Depression of the British agricultural sector showing that the collapse of cereal prices was partly due to the adverse seasons of 1875-1879. Prolonged wet summers affected the quality of grain harvests. Later, a series of summer droughts in 1892-1893 and 1895-1896 caused problems for livestock producers. These events plummeted the agricultural contribution to the British gross national product from 20% in the 1850s to only 6% in the late 1890s.

The depression occurred 25 years after the “Little Ice Age” (LIA) (1650-1850), a period of regional cooling predominantly in the North Atlantic region. The transition period was only an increase of an annual global average temperature change of +0.2°C relative to the LIA period (at -0.2°C on average per year). As of 2021, we have reached a yearly change exceeding +0.8°C worldwide. Evidently, coming out of the mini Ice-Age in the 19th century actually affected the British agricultural sector, and it was one of a series of triggers that eventually led to the Great Depression in the 19th century.

Posted by Good123 > 2022-10-31 10:13 | Report Abuse

Dow surges more than 800 points to score longest weekly win streak since November 2021 as U.S. stocks close sharply higher.

Last Updated: Oct. 29, 2022 at 8:05 a.m. ET

U.S. stocks closed sharply higher Friday, with the Dow Jones Industrial Average surging more than 800 points to book its longest weekly win streak since November 2021. All three major benchmarks scored another weekly advance.

Equities jumped as investor expectations for the Federal Reserve to shift toward smaller interest-rate hikes after its November meeting offset weak earnings reports from some megacap technology companies.

Posted by Good123 > 2022-10-31 13:06 | Report Abuse

KUALA LUMPUR (Oct 31) Bursa Malaysia’s key index maintained its positive note at midday, as buying interest continued to spread to key sectors, with interest in banking and technology stocks.

At 12.30pm on Monday (Oct 31), the FBM KLCI was 16.69 points firmer at 1,464.0, from last Friday's close at 1,447.31.

The key index opened 3.63 points higher at 1,450.94, and moved between 1,450.94 and 1,468.41 throughout the morning session.

On the broader market, gainers outpaced decliners 459 to 274, while 374 counters were unchanged, 1,255 untraded and 66 others suspended.

Turnover stood at 1.79 billion units valued at RM880.46 million.

More to come

Posted by Good123 > 2022-10-31 13:29 | Report Abuse

Does corporate governance matter for politically connected firms?—evidence from the regime change in Malaysia
Peranginangin, Y., Lee, M. Y. & Tee, C. M., Jun 2021, In: China Accounting and Finance Review . 23, 2, p. 22-55 34 p.
Research output: Contribution to journal › Article › Research › peer-review

Posted by Good123 > 2022-10-31 13:30 | Report Abuse

Are foreign investors attracted to politically connected firms?
Putantri, A. A., Nainggolan, Y. A. & Peranginangin, Y., 2018, In: International Journal of Business & Society. 19, 1, p. 87-102 16 p.
Research output: Contribution to journal › Article › Research › peer-review

Posted by Good123 > 2022-10-31 13:50 | Report Abuse

projek hartanah pasukhas veteran atm di KL, ada subsidi ka? haha

Government Subsidisation and Shareholder Wealth Impact: Evidence from Malaysia
by Philip Sinnadurai 1,*ORCID,Ravichandran Subramaniam 2ORCID,Susela Devi 3 andKyungyoung Ko 3
1
Independent Researcher, Sydney, NSW 2122, Australia
2
School of Business, Monash University Malaysia, Jalan Lagoon Selatan, Bandar Sunway 47500, Selangor, Malaysia
3
Sunway University Business School, Sunway University, No. 5 Jalan Universiti, Bandar Sunway 47500, Selangor, Malaysia
*
Author to whom correspondence should be addressed.
Academic Editors: Marc Deloof and Ştefan Cristian Gherghina
J. Risk Financial Manag. 2021, 14(9), 396; https://doi.org/10.3390/jrfm14090396
Received: 8 July 2021 / Revised: 18 August 2021 / Accepted: 20 August 2021 / Published: 25 August 2021
(This article belongs to the Special Issue Empirical Corporate Finance: Opportunities and Challenges)
View Full-Text Download PDF Citation Export
Abstract
This paper investigates the shareholder wealth impact of government investment in listed companies (and by extension, government subsidisation of those companies), using data from Malaysia. We distinguish two overlapping categories of government-related investors: those whose principal mission relates to economic policy and those whose principal mission relates to social policy. The methodology entails Ordinary Least Squares regressions. There are two dependent variables measuring management success at generating shareholder wealth: an intrinsic value surrogate and return on equity. The final sample comprises 1732 company–year observations from the investigation period 2011–2014. The evidence indicates that companies subject to shareholder by a government-related investor with a social (economic) policy mission are more (less) successful at generating wealth than companies without any government shareholding at all. The findings indicate that for companies subject to ownership by government investors with a mission related to economic policy, government subsidies are wealth-enhancing, subject to diminishing marginal returns beyond a threshold level of government shareholding. The research design reflects adaptations to the Malaysian institutional setting via choice of control variables and usage of data from a leading Malaysian equity analyst. View Full-Text
Keywords: shareholder wealth; government shareholding; government subsidisation; Malaysia

Posted by Good123 > 2022-10-31 13:51 | Report Abuse

projek hartanah pasukhas veteran atm di KL, ada subsidi ka? haha

Government Subsidisation and Shareholder Wealth Impact: Evidence from Malaysia
by Philip Sinnadurai 1,*ORCID,Ravichandran Subramaniam 2ORCID,Susela Devi 3 andKyungyoung Ko 3
1
Independent Researcher, Sydney, NSW 2122, Australia

Posted by Good123 > 2022-10-31 13:54 | Report Abuse

pasukhas juga shariah-compliant... haha terbukti underperforming :)

Are Shariah- Compliant Firms underperforming? Development and validation of a performance assessment system based on the islamic concept of falah
Ahmed, P., Shaiban, M. & Nelson, S. P.

16/12/13 → 16/12/15

Project: Research

Posted by Good123 > 2022-10-31 14:06 | Report Abuse

pasukhas, shariah-compliant, pengarah2 yang beragama islam juga tak berguna... apakah yang mereka dah buat dalam pasukhas? haha

Islam emphasizes the importance of environmental care, as prescribed in its primary sources of Shariah, the Quran and the authenticated actions and words (Sunnah and Hadith) of the Prophet Muhammad (pbuh). While there is a vast amount of literature on environmental issues, the role of Islam especially in the context of corporate environmental sustainability has not garnered much attention. This study seeks to understand how the managers of public listed firms perceive environmental issues and how their perceptions contribute to environmental sustainability. As prior studies have shown that the industrial sector is a major contributor to environmental problems, it is important to examine the issue from the perspective of individuals that have the ability to direct firms in this sector. The findings of this research show that firms respond to secular coercive, normative, and mimetic isomorphic pressures from various stakeholders in matters pertaining to the environment. However, Shariah does not influence managers’ environmental beliefs and the way they drive corporate environmentalism. The ineffectiveness of existing secular institutions in being able to modify firm behaviour, from the mere meeting of minimum standards to the achievement of global best practices, shows an urgent need for an alternative approach to addressing environmental problems in Malaysia. Given that Shariah is a strong influence on important aspects of life in Malaysia, we propose a new Shariah-based framework for corporate environmental sustainability. The findings of this study provide support to governments and other relevant bodies involved in developing policies regarding environmental sustainability.

Original languageEnglish
Pages (from-to)13555-13568
Number of pages14
JournalEnvironment, Development and Sustainability: a multidisciplinary approach to the theory and practice of sustainable development
Volume23
Issue number9
Publication statusPublished - Sep 2021

Posted by nightmare007 > 2022-10-31 14:16 | Report Abuse

hehehehehe dah jadi ustaz pula? Ustaz Good123

Posted by nightmare007 > 2022-11-01 09:08 | Report Abuse

ustaz good123, tiada ceramah today?

Posted by Good123 > 2022-11-02 15:40 | Report Abuse

Saudee, sudden jump.pasukhas anytime? :)

Posted by Good123 > 2022-11-02 16:18 | Report Abuse

Ada pihak dah mintak dana politik dari pengarah2 sebab projek hartanah di kl dari veteran ATM kot? Sabar je .. masa untuk membalas budi kpd puak politik :)

Posted by Good123 > 2022-11-03 10:00 | Report Abuse

Tak bagi dana politik, tak dapat projek hartanah di kl macam veteran atm lagi :)