Posted by Good123 > 2022-12-08 18:59 | Report Abuse

ya ya termasuk private placement yang tak diperlukan... cukup wang dari right issue. tambahan lagi, berpuluh-puluh juta RM dah digunakan untuk menyapu quoted shares dari related parties kan? hahaha

@nightmare007

siasat projek yang dibagi secara rundingan terus mungkin? :))))

4 hours ago

Posted by Good123 > 2022-12-08 20:13 | Report Abuse

Recovering towards 10sen (nta), 52-week low was 1sen, now 2.5sen... Very positive momentum :)

Posted by Good123 > 2022-12-08 22:31 | Report Abuse

Slowing moving up to at least 5sen, based on historical p/b value = 0.5 as per maybank investment recently..

Directors dah sapu syer esos sampai 50%+ sebagai satu blok, private placement to crony pun dah buat, projek tanpa tender dari yayasan veteran atm pun dah dapat..

Apa lagi, harga syer pulih secara berperingkat:)

Posted by Good123 > 2022-12-08 23:36 | Report Abuse

Now. Semua pengarah mesti bekerja kuat, semua kerja buruk dan baik dah selesai... Back to focus on real work... Jika tidak, masuk jel macam najib nanti :)

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

I'm waiting LU only buy...lol. Want to wait 4 times LU in a row

Posted by Good123 > 2022-12-09 06:35 | Report Abuse

Prayut urged relevant departments, police and tourism business operators to enhance security measures in all places and ensure public health safety

#theSun #theSundaily #Thailand #tourism #safety #NationalSecurity #publichealth #worldnews

Posted by Good123 > 2022-12-09 07:08 | Report Abuse

Bursa should make it compulsory for all PLCs to disclose all quoted investments in other PLCs regardless of stake of shareholdings and justification for investing must be announced to the public. This is a major loophole for PLCs using shareholders' funds to buy quoted shares in other PLCs. Tak payah disclose and justify to the shareholders

Posted by Good123 > 2022-12-09 07:57 | Report Abuse

M&As , baguslah:)


A deal could value AmMetLife Insurance Bhd at about US$400 million and would need approval from the Malaysian central bank, said the people who asked not to be identified as the process is private. Singaporean insurer Great Eastern Holdings Ltd also remains interested in buying the roughly 70% stake, the people said.

(Dec 8): Zurich Insurance Group AG has emerged as the frontrunner to buy a majority stake in the Malaysian insurance business of US insurer MetLife Inc and Kuala Lumpur-listed AMMB Holdings Bhd, according to people with knowledge of the matter.

A deal could value AmMetLife Insurance Bhd at about US$400 million and would need approval from the Malaysian central bank, said the people, who asked not to be identified as the process is private. Singaporean insurer Great Eastern Holdings Ltd also remains interested in buying the roughly 70% stake, the people said.

Should a transaction materialise, MetLife would exit its investment in AmMetLife, while AMMB would retain a 30% stake, one of the people said. Bank Negara Malaysia’s guidelines limit overseas companies to a maximum holding in local insurance firms of 70%.

Deliberations are ongoing and the companies could still decide not to proceed with the transaction, said the people. A spokesperson for AmBank said if it has anything pertinent to announce, the bank will undertake the necessary disclosure. A Zurich representative declined to comment.

“We do not comment on market rumour or speculation,” a representative for MetLife said in a statement.

MetLife and AMMB teamed up to form their Malaysian insurance partnership AmMetLife in 2014, its website shows. The parties started gauging interest for the potential divestment of the jointly-owned company in 2020, Bloomberg News has reported.

AmMetLife offers life insurance and wealth protection services in the country, according to the website. Its gross earned premium was about RM617 million (US$141 million) for the fiscal year ended March 31, a 4.4% increase from a year earlier, its latest financial report shows.

MetLife unloaded its Hong Kong units to FWD Group Holdings Ltd in 2020 for an undisclosed amount. The US insurer’s Asian operations currently include businesses in China, Japan and South Korea, its website shows.

Posted by Good123 > 2022-12-09 08:00 | Report Abuse

Banyak potensi di negeri-negeri utara yang mundur dan underdeveloped:)


KUALA LUMPUR (Dec 8): Reneuco Bhd (formerly known as KPower Bhd) has inked a joint venture agreement with the Terengganu government for the development of a mixed housing project in Kuala Nerus.

This state government had in August approved the development of the project on 49.92 acres of state land.

The project comprises 636 units of Type A affordable housing, 360 units of Type B affordable housing and commercial housing, said Reneuco in a bourse filing.

The gross development value for the project — with the exemption of Type A affordable housing — is RM293.76 million, the group said, adding that the development would be completed within 60 months.

Reneuco’s share price closed up half a sen or 1.92% at 26.5 sen on Thursday, valuing the group at RM143.84 million.

Posted by Good123 > 2022-12-09 08:33 | Report Abuse

NTA 10sen vs right issue price 10sen vs current share price 2.5sen :)

Posted by Good123 > 2022-12-09 08:46 | Report Abuse

market cap kini~RM47.6juta..........2.5sen... jika 5sen, market cap pun hanya RM95.2juta..... dana right issue dah RM99juta++

Posted by Good123 > 2022-12-09 08:58 | Report Abuse

:)

News
BRIEF-Pasukhas Group Says Unit Got Signed Copy Of LoA From Exyte Malaysia
Sep 02, 2022

BRIEF-Pasukhas Group Says Unit Accepted A Letter Of Award From Exyte Malaysia
Aug 11, 2022

BRIEF-Pasukhas Says Unit Accepted Letter Of Confirmation Of Award From Salcon Engineering
Jul 26, 2022

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

Bukan terkini kot? macam tak termasuk esos pengarah kan? :)

TOP 10 Investors (As of Latest Filing)
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE
GP Autobat Sdn. Bhd. 13.66 260.31 0.00 0.93 29-Mar-2022 Other Substantial/Declarable
Mak (Siew Wei) 2.42 46.07 0.00 0.16 29-Mar-2022 Malaysia Insider
Chong (Tong Siew) 1.57 30.00 30.00 0.11 29-Mar-2022 Other Substantial/Declarable
Kho (Chong Yau) 1.19 22.67 22.67 0.08 29-Mar-2022 Other Substantial/Declarable
Hee (Yuen Sang) 1.05 20.00 20.00 0.07 29-Mar-2022 Other Substantial/Declarable
Tan (Kin Seng) 0.68 13.00 13.00 0.05 29-Mar-2022 Other Substantial/Declarable
Chung (Kin Chuan) 0.61 11.70 11.70 0.04 29-Mar-2022 Other Substantial/Declarable
Tay (Hock Soon) 0.58 11.00 11.00 0.04 29-Mar-2022 Other Substantial/Declarable
Ismail Bin Ayub 0.58 11.00 11.00 0.04 29-Mar-2022 Other Substantial/Declarable
Goh (Zhou Jen Fiona) 0.48 9.20 9.20 0.03 29-Mar-2022 Other Substantial/Declarable
TOP 10 Investors (As of Latest Filing)
GP Autobat Sdn. Bhd.
Mak (Siew Wei)
Chong (Tong Siew)
Kho (Chong Yau)
Hee (Yuen Sang)
Tan (Kin Seng)
Chung (Kin Chuan)

Posted by Good123 > 2022-12-09 09:06 | Report Abuse

Joe - pemegang syer terbesar

GP Autobat Sdn. Bhd. 13.66 260.31 0.00 0.93 29-Mar-2022 Other Substantial/Declarable

Posted by JuliusCeasar > 2022-12-09 09:12 | Report Abuse

Engine warm up now!

Posted by Good123 > 2022-12-09 10:24 | Report Abuse

2-2.5sen, hibernating temporarily:)

Posted by Good123 > 2022-12-09 13:14 | Report Abuse

Pasukhas is more diversified, lower risk than this new ace co to be listed:)


KUALA LUMPUR (Dec 9): Vestland Bhd has inked an agreement with AmInvestment Bank Bhd to underwrite a total of 74.96 million ordinary shares in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia.

The offering of 240.8 million ordinary shares entails a public issue of 170 million new shares, and an offer for sale of 70.8 million existing shares.

Vestland group managing director Datuk Liew Foo Heen said the group plans to use the IPO proceeds to, among others, supplement working capital requirements in line with the growth in its business operations.

He said the underwriting signing also represents a significant milestone towards Vestland’s listing on the ACE Market, having aimed to further solidify its footing in the construction industry by leveraging the group’s design and build capabilities.

“We are grateful to have AmInvestment Bank’s support as our underwriter, boosting our confidence to reach greater heights.

“We aim to provide a total solution, with a single point of contact to our customers, to deliver better quality and execution for our clients.

“Our vision is to continue to build on our prospects as well as strengthen our position in the market, and deliver long-term value to all our stakeholders,” he said in a statement.

AmInvestment Bank is the principal adviser, sponsor, placement agent and underwriter for the IPO. Vestland is expected to launch its prospectus by the end of December.

Meanwhile, AmInvestment Bank chief executive officer Tracy Chen Wee Keng said the construction industry plays a pivotal role in contributing to capital-intensive projects and drives Malaysia’s nation-building journey

This she said as it not only fuels the country’s economic growth, but also stimulates more job opportunities for the people.

“Thus, an IPO by a leading design-and-build contractor such as Vestland echoes the nation’s economic revitalisation and development aspirations.

“We are confident that this IPO will enhance Vestland’s financial position as it embarks on the next phase of its growth,” added Chen.

Vestland is principally involved in the provision of construction services through its wholly-owned subsidiary Vestland Resources Sdn Bhd, a growing Construction Industry Development Board Grade 7 contractor enabled by its design and build capabilities.

The group has an established track record of 11 years since 2011 as a building contractor, with experience and capabilities in the construction of a diverse range of residential and non-residential buildings for both the private and public sectors.

Starting out as a pure build contractor, Vestland has since expanded its scope of work to become a design-and-build contractor in 2020, which has resulted in the ability to garner higher margins. In 2021, the group expanded its business to include civil engineering works.

Read also:
Construction firm Vestland gets Bursa's nod to list on ACE Market
Construction and property development company Vestland eyes ACE Market listing

Posted by Good123 > 2022-12-09 13:19 | Report Abuse

Waiting for pasukhas to bangkit :)

RHB's Top 20 Malaysia Small Cap Companies Jewels 2022 outperformed the broader market with a value-weighted holding period return of 20%, since the research firm’s book launch on May 12, as compared to the returns of benchmarking indices, namely the KLCI (-5.7%), FBM 70 (-2.7%), and FBM SC (-5.9%).

Posted by JuliusCeasar > 2022-12-09 14:35 | Report Abuse

Hibernate!!!!

Posted by Good123 > 2022-12-09 15:54 | Report Abuse

bila paras air naik, semua pun akan naik sekaligus :)

Posted by Good123 > 2022-12-09 15:55 | Report Abuse

Bagi pelabur asing, jika RM diramal akan naik, mereka akan mendapat keuntungan dari forex sebagai insentif tambahan :)

Posted by Good123 > 2022-12-09 15:56 | Report Abuse

tunggu 3-6 bulan, i rasa pulangan boleh mencapai beberapa ratus % jika dibandingkan dengan FD dan bon

Posted by Good123 > 2022-12-09 15:59 | Report Abuse

Q1, 2023 - Q2, 2023, boleh balik 5-10sen , ramalanku :)

Posted by Good123 > 2022-12-09 16:06 | Report Abuse

bila naik lagi, sangat tinggi kelak... joe pun kantoi jika pasukhas tak pulih, joe melaporkan banyak kerugian kerana fair value adjustment dlm quoted share investment (pasukhas).. banyak dana joe dah sangkut sebab dipakai untuk membeli saham pasukhas :)

Posted by BILLC > 2022-12-09 16:23 | Report Abuse

Jgn di tipu Baik123,,,mana project pm 9 tu??? Wakakaka,,,

Posted by nightmare007 > 2022-12-09 16:55 | Report Abuse

project sungai udang? :)) now take over pula? Next story? Boleh bagitahu? :))))))

Posted by sunsetbiz > 2022-12-09 17:05 | Report Abuse

Q1,Q2 2023......lambat lagi....nanti wang habis sudah....tunggu lagi 2024...2025....:)

Posted by Good123 > 2022-12-09 17:41 | Report Abuse

more projects to come :)

upamanya,

2022-07-27
Pasukhas Bags RM11.34m Sub-contract for Water Treatment Plant Electrical Works in Sabah

Posted by Good123 > 2022-12-09 17:43 | Report Abuse

A price target is an analyst's projection of a share's future price.

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

0.02

Avg Target Price

0.22

Upside/Downside

+0.20 (1000.00%)

Source: https://klse.i3investor.com/web/stock/analysis-price-target/0177

Posted by Good123 > 2022-12-09 17:44 | Report Abuse

stay calm & cool... later can celebrate like DSAI :)

Posted by jojo85 > 2022-12-09 19:16 | Report Abuse

Wait until warrant expired la, that will be 2024, then goreng like mtronic..

Posted by Good123 > 2022-12-09 21:18 | Report Abuse

Nanti ada takeover offer pada 10sen menurut nilai nta dan harga right issue pun ada pihak kata tak adil :)

Independent adviser DWA Advisory says the takeover offer of Citaglobal at 19 sen per share is not fair and not reasonable.

Posted by Good123 > 2022-12-09 21:21 | Report Abuse

Wait for the pengarah2 with the help offer takeover bid like citaglobal, another possibility:)

Posted by Good123 > 2022-12-09 21:23 | Report Abuse

Bagi pasukhas, pengarah2 yg dah memperoleh esos syer adalah pemegang syer utama hahahaha

dagangnews.com
https://www.dagangnews.com › pe...
Pemegang saham utama baharu Citaglobal tawar pengambilalihan ...
9 Nov 2022 — KUALA LUMPUR 9 Nov - Selepas memperoleh pegangan terkumpul lebih 50% dalam Citaglobal Bhd, pemegang saham utama baharu syarikat itu

Posted by Good123 > 2022-12-10 11:24 | Report Abuse

KUALA LUMPUR (Dec 10): Bursa Malaysia is likely to trend higher next week, with the key index to hover in the 1,470-1,500 range, said an analyst.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said buying sentiment on the local bourse would likely continue next week, as buying support from local institutions was apparent in the week just ended, coupled with improving retail participation within the domestic market.

"[The local market] trended sideways for the week, due to a lack of buying interest and selling of regional equities by foreign funds," he told Bernama.

On Friday (Dec 9), global equities rose on hopes that China's easing of its anti-Covid 19 measures would help restore global supply chains and curb inflation.

The global equity market is also likely to be influenced by the outcome of the US Federal Open Market Committee meeting on Dec 13-14, said another analyst.

SPI Asset Management managing partner Stephen Innes said next week is all about the US consumer price index and what the US Federal Reserve's signals for interest rates going forward after an expected hike of 50 basis points.

"On both counts based on the current market-based inflation outlook, I do not think either will pose a problem for risk sentiment. But I'm turning more defensive on China, after the big reopening bounce, due to an expected surge in Covid-19 cases," he told Bernama.

On a Friday-on-Friday basis, the key index eased 4.61 points to 1,477.19 from 1,481.80 on Friday last week.

On the index board, the FBM Emas Index decreased 45.79 points to 10,607.41, the FBMT 100 Index fell 48.30 points to 10,308.85, the FBM 70 dipped 124.97 points to 12,946.22, and the FBM Emas Shariah Index eased 89.74 points to 10,788.17, while the FBM ACE chalked up 151.61 points to 5,517.5.

Sector wise, the Industrial Products and Services Index ticked down 0.23 of a point to 181.59, the Plantation Index depreciated 79.97 points to 6,727.88, the Financial Services Index widened 48.62 points to 16,495.04, and the Energy Index went down 22.21 points to 777.90.

Weekly turnover climbed to 18.68 billion units worth RM10.65 billion, from 15.39 billion units worth RM12.23 billion in the previous week.

The Main Market volume went up to 11.73 billion shares valued at RM8.51 billion, against last week's 9.42 billion shares valued at RM10.67 billion.

Warrant volume increased to 1.77 billion units worth RM373.42 million, from 1.44 billion units worth RM247.57 million previously.

The ACE Market volume expanded to 5.18 billion shares worth RM1.76 billion, from 4.53 billion shares valued at RM1.31 billion on Friday a week ago.

Posted by Good123 > 2022-12-10 11:25 | Report Abuse

The ACE Market volume expanded to 5.18 billion shares worth RM1.76 billion, from 4.53 billion shares valued at RM1.31 billion on Friday a week ago.

Posted by Good123 > 2022-12-10 11:25 | Report Abuse

On Friday (Dec 9), global equities rose on hopes that China's easing of its anti-Covid 19 measures would help restore global supply chains and curb inflation.

Posted by Good123 > 2022-12-10 12:35 | Report Abuse

Scam yang Luar biasa :)

In 2023, Malaysia is on track for a strong economic recovery and economic growth. Public Bookstore and MPH will give away 500 investment and financial management books to everyone.
Thank you for your continued support

Posted by Good123 > 2022-12-10 18:26 | Report Abuse

Pasukhas punya projek hidro di kelantan boleh jual karbon ka? :)

The objective of the BCX is to enable companies to trade voluntary carbon credits from climate-friendly projects and solutions, with the aim to offset their emission footprint and meet climate goals.

PETALING JAYA: Bursa Malaysia Bhd has launched Bursa Carbon Exchange (BCX), the country’s pioneer voluntary carbon market (VCM) and the first syariah-compliant carbon exchange in the world, which it said would diversify the product universe for environmental, social and governance (ESG) and syariah-compliant products.

The objective of the BCX is to enable companies to trade voluntary carbon credits from climate-friendly projects and solutions, with the aim to offset their emission footprint and meet climate goals.

Posted by Good123 > 2022-12-10 18:55 | Report Abuse

Higher and more adequate environmental, social and governance (ESG) and Task Force on Climate-related Financial Disclosures (TCFD) reporting standards are required from the Malaysian real estate industry due to increased interest from capital providers, said the speakers at the GRESB 2022 Regional Insights (Malaysia) event held on Nov 15 at Wisma Rehda. Previously known as the Global Real Estate Sustainability Benchmark, the organisation is now known as GRESB.

Organised by GRESB and co-hosted by its local partners Zerin Habitat Sdn Bhd and GreenRE Sdn Bhd, the event brought together participants from all over Malaysia to provide industry insights with a focus on participant and regulatory perspectives, looking at how industry players can benefit from the GRESB platform, the significance of ESG and TCFD, and ways to improve reporting and scores.

The panellists comprised GRESB business development director (Asia) Trey Archer, Zerin Habitat executive director Rohendran Chelliah, Sime Darby Property Bhd head of safety and sustainability Mohd Razif Mohd Yusoff, Bursa Malaysia chief regulatory officer Julian Hashim and Arup climate and sustainability leader (Southeast Asia) Devni Acharya.

GRESB reporting
Archer kicked off the conference by introducing GRESB and its role in the real estate industry. “GRESB assesses and benchmarks ESG performance of real assets, as well as provides standardised and validated data to capital markets. We collect, validate, score and independently benchmark ESG data to provide business intelligence, engagement tools and regulatory reporting solutions.”

According to him, companies and investors have to go through a systematic assessment comprising several stages, including validation that requires supporting data and documents, objective scoring that is done by GRESB, and peer benchmarking, where they will be able to compare their scores with those of their peers and competitors in the market.

Posted by Good123 > 2022-12-11 19:23 | Report Abuse

KUALA LUMPUR: Market performance is expected to be positive this week despite the mixed sentiment in the Asian markets last week due to optimism in China's economic reopening against recession fears and rising interest rates.

Rakuten Trade Sdn Bhd vice-president of Equity Research Thong Pak Leng said China's shift away from its strict zero-Covid policy will help to curb inflation.

"I think the market will be positive as investors are hoping for more relaxation in lockdown in China, which will help restore global supply chains and curb inflation," he told the New Straits Times.

Widespread protests were held last month in China against the strict measures enforced to curb the spread of Covid-19.

The public had called for political freedoms, which led authorities to announce a loosening of restrictions on Wednesday.

In light of the anticipated interest rate increase by the United States Federal Reserve, Thong said there would be a 'knee-jerk' reaction if the US central bank decides to announce a 50 basis point (bps) hike at its final policy meeting.

This is compared with the previous four-straight 75-point increase that the Fed had taken.

"However, the US cannot forever raise the interest rate because this will eventually hurt their economy too. I believe there will be a slowdown in this," he said.

Areca Capital chief executive officer Danny Wong said the market would be influenced by the outcome of the US Federal Open Market Committee (FOMC) meeting, which will be held on December 13-14.

"But I am positive on the Asian market as China is moving towards opening its door," he said.

Analysts have also warned of a 'moderate recession' next year, which has weighed on the US markets.

With the looming recession, corporations are also expected to see a dent in their profits next year.

However, Thong said the expected risks would not impact Malaysia compared to the western bloc.

"We believe Malaysia will still be fine and not as bad as the western bloc.

"Malaysia has a lot of natural resources, and the regional economy will also be fine.

"We will see corporate earnings grow in 2023," he said.

He added that sectors to look out for next year include retail real estate investment trusts, construction and tourism related.

Wong said a possible recession in the US would not hit the Asian market significantly as the counter effects from China will balance up.

"Also, Asian equities usually react positively when the US Fed cuts rate," he added.

Meanwhile, Bank Islam Malaysia Bhd chief economist Firdaos Rosli said a 50bps hike by the US Fed is on the cards, and the local note is still pressured by the widening interest rate gap between the fed fund rate (FFR) and overnight policy rate.

The Fed has raised the FFR by 375 bps since March this year.

"However, aside from the FOMC meeting, the announcement of the monetary policy decisions by the European Central Bank and Bank of England in the coming week could sway the ringgit's movement.

"Further tightening financial conditions could drag further the USD index, which is already slipping below the 105 level, thus, benefitting the local note.

"In addition, continued momentum on China's reopening news could lend support to the ringgit during the week," he said.

Given the mixed views, he added that the local note could trade between RM4.40 and RM4.42 this week.

Posted by Good123 > 2022-12-12 10:23 | Report Abuse

Baguslah ... harga sasaran 22sen :)

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

0.02

Avg Target Price

0.22

Upside/Downside

+0.20 (1000.00%)

Source: https://klse.i3investor.com/web/stock/analysis-price-target/0177

Posted by Good123 > 2022-12-12 10:25 | Report Abuse

How about pasukhas? Your prediction? :)

Crypto News
Terra Luna Classic Price Prediction – Can LUNC Hit $10 in the Next Bull Market?
2 days ago

Posted by Good123 > 2022-12-12 10:27 | Report Abuse

Despite the weak performance on Wall Street, we reckon stock accumulation would continue, with more stability in the local political scene, following the recent appointments of deputy ministers.

"We expect the index to trend in the 1,470-1,485 range today (Monday), as sentiments may turn cautious ahead of the FOMC meeting," he told Bernama.

Posted by JuliusCeasar > 2022-12-12 10:42 | Report Abuse

Monday blues PASUKGB !

Posted by Good123 > 2022-12-12 15:19 | Report Abuse

Need about RM2.3mil to sapu all shares from 2.5 to 4sen... not a lot... be patient!

Posted by Good123 > 2022-12-12 15:51 | Report Abuse

Bukan pasukhas:)


KUALA LUMPUR: The Securities Commission Malaysia (SC) recently filed a suit against five individuals for allegedly perpetrating a scheme to defraud and causing wrongful losses.

The claim is valued at RM120.6 million to four public-listed companies.

The SC said the five individuals are Tey Por Yee, Lim Chye Guan, See Poh Yee, Francis Tan Hock Leong and Faizatul Ikmi Abdul Razak.

The companies involved are Nexgram Holdings Bhd, R&A Telecommunication Group Bhd, Asdion Bhd and Ire-Tex Corp Bhd.

The SC alleged that Tey, Lim, See and Tan, in their various capacities as directors and officers of the four public-listed companies, siphoned out the proceeds of the companies' fundraising exercises while Faizatul Ikmi aided or abetted the siphoning.

The conduct described above of these individuals, which took place between December 2013 and July 2014, is in contravention of sections 317A and 179 of the Capital Markets and Services Act 2007 (CMSA), it said.

"To prevent the dissipation of the defendants' assets, the SC had, on December 1, 2022, obtained an injunction from the Kuala Lumpur High Court to restrain Tey, Lim, See and See and Faizatul Ikmi from dealing with the monies in their respective bank accounts.

"The SC did not seek an injunction against Tan as he is an undischarged bankrupt," it said.

The High Court had initially fixed December 12, 2022, for the defendants to respond to the injunction application.

However, following the defendants' non-appearance, the High Court granted an ad interim injunction and fixed January 9, 2023, for the defendants' response.

Posted by Good123 > 2022-12-12 17:47 | Report Abuse

All 642 units in Blocks C and D of Melodi Perdana in LBS Alam Perdana, Bandar Puncak Alam, Selangor, have been snapped up since their official launch in May.

Unveiled in October 2017, LBS Alam Perdana is a 469.86-acre development by township builder LBS Bina Group Bhd.

The 21.75-acre Melodi Perdana is the first high-rise residential development in LBS Alam Perdana. It consists of four residential blocks with a total of 1,520 units and has a gross development value (GDV) of RM570 million.

The first two blocks of Melodi Perdana were launched in October 2019 and have been fully taken up. They are now 81% completed and scheduled for handover to buyers in 3Q2023.

Due to strong market demand for high-rise residential units in Bandar Puncak Alam, LBS launched the remaining blocks in May. The 901 sq ft units come in 3-bedroom and 2-bathroom layouts, and have two parking bays each.

Slated for completion in 2Q2026, Blocks C and D were sold from RM334,707.


“Melodi Perdana homes were built based on LBS’s main pillars of affordability, connectivity and community. The project was meticulously designed to meet both functional and comfortable living needs. More importantly, these new units truly embody LBS’s commitment to house the nation by fulfilling the demand for properties at an accessible price point, starting from RM334,707 after bumiputera discount,” LBS executive chairman Tan Sri Lim Hock San tells City & Country in an email interview.

He adds that with the attractive price point, Melodi Perdana appeals to Malaysians, especially first-time homeowners, upgraders and working professionals who seek a modern home set in a wholesome environment supported by a strong network of amenities.

“Empowering homebuyers to enjoy unrivalled community living and a wellness lifestyle, Melodi Perdana boasts a wide range of top-class amenities and facilities aimed at encouraging dwellers to lead a healthier lifestyle, and at the same time forging friendships with neighbours,” he shares.

Melodi Perdana offers 37 facilities such as a gym, swimming pool, badminton court, futsal court, basketball court and yoga deck.

“Melodi Perdana also aims to raise the standard for high-rise living with its gated-and-guarded concept homes, emphasising the security features,” Lim says, adding that monthly maintenance fees are estimated to be RM120 per unit, inclusive of sinking fund.

The development is surrounded by amenities such as grocers, lifestyle F&B eateries, recreation parks, schools and hospitals. It is also well connected by major highways such as Lebuhraya KL-Kuala Selangor (LATAR), Damansara-Shah Alam Elevated Expressway (DASH) and Guthrie Corridor Expressway.


A show unit of Melodi Perdana
Commenting on the development progress of LBS Alam Perdana, Lim shares that almost all units in phases one and two (Simfoni Perdana and Irama Perdana) have been snapped up.

“Encouraged by the overwhelming response received for the first two phases, we launched phase three (Rentak Perdana, handed over to buyers in 2H2021) soon after. It comprises 856 double-storey terrace houses and 28 single-storey semi-detached houses. The third phase saw strong interest and support from our valued homebuyers and customers. We believe Melodi Perdana will further enhance the vibrancy of this township, emulate the success of earlier phases, and continue to perform well for the group,” he shares.

Moving forward, LBS is looking to launch more affordable houses in LBS Alam Perdana, details of which are still being finalised.

Posted by Good123 > 2022-12-12 17:59 | Report Abuse

RM2mil+ dah boleh beli semua syer dari 2.5 -4sen, sedikit je bagi taikun... sabar ya!

Posted by Good123 > 2022-12-12 18:00 | Report Abuse

angka 2.5sen, satu permulaan yang baik :)