The Securities Commission Malaysia has filed a civil suit against five individuals for allegedly perpetrating a scheme to defraud four public listed companies.
ECRL, MRT 3, etc... tourists coming back... construction, prop dev, hidro renewable energy, etc will grow especially many states in msia are still underdeveloped
Pasukhas said that any shortfall in the funding requirement for Yayasan is expected to be met via progressive sales billings, internally generated funds, bank borrowings, and/or future fund raising exercises.
Attractive mix of properties poised to attract investors, says Pasukhas
Pasukhas said that given the strategic location of Yayasan and the attractive mix of residential quarters and commercial lots, it believes the project will appeal to both local and international home purchasers and investors.
It said buyers of commercial spaces will benefit from both the built-in residential clientele and foot traffic from users of the office spaces.
Moving forward, the group intends to build on its property development capabilities as part of its continuous effort to improve its financial performance.
Pasukhas said that it will continue monitoring the latest developments in the property market with the aim of exploring opportunities, including via the formation of strategic alliances or JVs in the property development space.
The group said that it plans to also work with various property developers and project owners in Malaysia to secure additional mechanical and engineering contracts for commercial buildings, mixed developments, and other specialised projects.
Meanwhile, Pasukhas said it is actively pursuing potential sand buyers from mainland China and Hong Kong for its wholly-owned unit Pasukhas Products Sdn Bhd (PPSB).
Engineering listed company Pasukhas Group Bhd is set to diversify into property development biz. The company is planning a new 51-storey mixed use project, believed to be adjacent to Expressionz off Jalan Tun Razak. The proposed dev name will be “Lushwoods Tower”.
apartment units, commercial offices, commercial centres and facilities together with carpark lots on a piece of ... name, Lushwoods Towers and Residences.
History Summary from 29/08/2012 to 05/10/2021 Highest Price 0.6500 First Occurred on 12/09/2012 Lowest Price 0.0100 First Occurred on 05/08/2019 Highest Volume 138.000m First Occurred on 01/09/2020
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.
Mos: Berada di bawah 0, pelabur besar belum membuat keuntungan.
SSI: Berlaku momentum pembelian, sentimental semasa ialah positif.
TRI: harga tutup hari sebelumnya berada di bawah garisan TRI Biru dan di atas garisan TRI Merah.
Kesan: Sentimen keseluruhan ialah negatif.
#30052022 #PASUKGB #0177 #FinworldSaham
Penafian: Semua maklumat adalah untuk tujuan maklumat sahaja dan tidak boleh menjejaskan sebarang keputusan untuk membeli atau menjual.
Dow ends more than 500 points higher to start a week rich with inflation, central bank news.
Last Updated: Dec. 12, 2022 at 4:37 p.m. ET
U.S. stocks finished sharply higher on Monday as traders turned to inflation data and a Federal Reserve decision over the next two days that could set the tone for the remainder of the year.
How stocks traded
The Dow Jones Industrial Average DJIA, +1.58% finished up by 528.58 points, or 1.6%, at 34,005.04.
The S&P 500 index SPX, +1.43% ended higher by 56.18 points, or 1.4%, at 3,990.56.
The Nasdaq Composite COMP, +1.26% closed up by 139.12 points, or 1.3%, at 11,143.74.
Stocks had stumbled last week, with the Dow dropping 2.8%, the S&P 500 losing 3.4% and the Nasdaq Composite shedding 4%.
What drove markets
Stocks were off to an upbeat start during a week in which inflation, plus monetary authorities’ campaigns to combat it, will be at the forefront.
Optimism replaced the caution which prevailed earlier on Monday, following the poor to middling performance of the past several sessions when investors fretted about higher borrowing costs and their impact on the economy plus company earnings.
Tuesday brings U.S. consumer price data for November, followed the next day by the Fed’s interest-rate decision in which policy makers are widely expected to hike rates by 50 basis points to a range of 4.25% to 4.50%. That would mark a downshift in the size of interest-rate increases after the Fed delivered four straight 75-basis-point hikes between June and November.
“Volume earlier today was kind of low and there is a desire to go into wait-and-see mode,” said Thomas Graff, head of investments at Baltimore-based Facet Wealth, which oversees $1.5 billion in assets. “But there’s also two chances for big upside moves this week, either from CPI coming in lower than expected or from the Fed sounding like it might move only 25 basis points at future meetings. So there’s a desire to get ahead of that.
“It’s becoming more and more consensus that inflation has got enough downside momentum that it’s probably going to keep going down,” Graff said via phone. “The whole trade of being bearish because inflation is going to be sticky is one that a lot of people are questioning.”
The New York Fed’s November Survey of Consumer Expectations, released on Monday, showed that respondents see inflation running at a 5.2% rate, down from 5.9% in the last survey, one year from now. That’s the largest month-to-month decline on record, the bank said. Three years from now, consumers see inflation running at a 3% rate, down slightly from 3.1% in October.
The S&P 500 is up 12% from its 2022 low, but remains down 16.8% for the year to date in the face of the Federal Reserve raising interest rates by 375 basis points since March.
“The recovery in global risk appetite faltered last week, especially in the U.S., where the major indices suffered their biggest setback since September. This week’s agenda is packed with major macro updates that will test sentiment further,” said Ian Williams, strategist at Peel Hunt.
Equity bulls will be hoping inflation can show further signs of cooling, thereby helping the Fed shift to a less aggressive tightening cycle. However, some analysts warned that after last week’s producer price report came in hotter than expected, there is a danger investors may be caught out by a stronger-than-forecast consumer-price index.
many prop related companies have started to perform better Glomac Bhd posted a higher net profit of RM11.8 million in the second quarter of its current financial year ending April 30 2023. Group revenue rose to RM78.4 million from RM75.4 million achieved in the corresponding quarter of FY2022. (NST)
Buy when everyone else is selling "We've put a lot of money to work during the chaos of the last two years. It's been an ideal period for investors: A climate of fear is their best friend.... Big opportunities come infrequently. When it's raining gold, reach for a bucket, not a thimble."
Don't buy when everyone else is buying "Those who invest only when commentators are upbeat end up paying a heavy price for meaningless reassurance. The obvious corollary is to be patient. You can only buy when everyone else is selling if you have held your fire when everyone was buying."
Value, value, value "In the end, what counts in investing is what you pay for a business -- through the purchase of a small piece of it in the stock market -- and what that business earns in the succeeding decade or two."
Bursa Malaysia https://www.bursamalaysia.com › c... PASUKGB - PASUKHAS GROUP BERHAD (0177) : Profil Syarikat PASUKHAS GROUP BERHAD. Market: ACE Market ... Shariah Compliant.
Baguslah, SC semakin tegas terhadap mereka yang menipu duit pemegang syer minoriti
SC sues five individuals for causing wrongful loss totalling RM120.6m -A+A KUALA LUMPUR (Dec 12): The Securities Commission Malaysia (SC) has filed a civil suit in the Kuala Lumpur High Court against five individuals for allegedly perpetrating a scheme to defraud and/or causing wrongful losses valued at RM120.6 million to four public listed companies.
In a statement on Monday (Dec 12), the SC said it filed the suit on Nov 29, 2022 against Tey Por Yee, Lim Chye Guan, See Poh Yee, Francis Tan Hock Leong and Faizatul Ikmi Abdul Razak.
It said the companies involved are Nexgram Holdings Bhd, R&A Telecommunication Group Bhd, Asdion Bhd and Ire-Tex Corp Bhd.
Tackling scams whether involving directors or outsiders are good for all :)
KUALA LUMPUR (Dec 13): The Association of Banks in Malaysia (ABM) has said the banking industry is expected to fully implement the five key measures to combat online scams issued by Bank Negara Malaysia by June 2023.
The five measures include migrating from SMS one-time password to a more secure authentication method, and tightening bank fraud detection rules and triggers for blocking of suspicious transactions.
The other measures are verification and cooling-off period for first-time enrolment of e-banking services or secure device, restricting authentication of electronic banking transactions to one mobile device or secure device per account holder, and a 24/7 dedicated complaint hotline for customers to report incidents or suspicions of scam.
"More than 80% of banks have already moved to the dedicated 24/7 hotlines," said the chairman of the Industry Task Force on Measures to Combat Financial Scams, Datuk John Chong Eng Chuan, at a media round-table session on Tuesday (Dec 13).
"Also, more than 80% have the one mobile device service," he said, citing a survey by the task force on 31 banks.
"The other measures are progressing well and we hope to complete them next year," added Chong, who is also group chief executive officer of community financial services at Malayan Banking Bhd.
Another banking industry representative at the session, ABM council member and CIMB Group Holdings Bhd CEO Datuk Abdul Rahman Ahmad, said: "The measures are to be implemented by June 2023, so I think all banks are working towards meeting that dateline."
When asked about the effect of online scams on domestic and foreign investors, ABM council members stressed on building confidence in digitalisation.
"We want to encourage all our customers to be comfortable to transit to digital," said Abdul Rahman. "Anything that affects the confidence level of the customers has an impact on us.
"I think with the measures announced by [Bank Negara Malaysia] and the actions we're all taking, investors will be comforted in terms of the seriousness that Malaysia is looking at this industry," he added.
HSBC Bank Malaysia Bhd CEO Datuk Omar Siddiq pointed out that online scams are a a global phenomenon.
"Fundamentally, this task impacts confidence in digital banking... But given this is a global phenomenon and people are working towards it, I don't think Malaysia stands anywhere different than any other countries.
"[With Bank Negara Malaysia] together with ABM and the police, I think we are at the forefront of trying to address this concern," he said.
Other ABM council members who attended the media round-table included Ambank Group CEO Datuk Sulaiman Mohd Tahir, Association of Islamic Banking and Financial Institutions Malaysia president and Bank Islam Malaysia Bhd group CEO Mohd Muazzam Mohamed, and Association of Development Finance Institutions of Malaysia vice chairman and Bank Simpanan Nasional CEO Jay Khairil Jeremy Abdullah.
RM96 mil only if 5sen with historical P/B value 0.5 according to Maybank investment research recently. Last year, raised about rm100mil via right issue. So, 5sen is very reasonable even though projek yayasan veteran ATM belum siap
Pasukhas Group raised RM99.2mil from the rights issue 13 Jul 2021 — Pasukhas Group Bhd (Pasukhas) raises RM99.2 million from the capital market with the completion of its
Other receivables, deposits and prepayments RM46,985,000, as at 30.9.2022, berpuluh-puluh juta RM dah dibayar kpd yayasan veteran ATM...projek hartanah di KL akan dilakukan, itu pasti :)
The Dow Jones Industrial Average climbed 103.60 points, or 0.3%, to 34,108.64. The S&P 500 added 0.73% to 4,019.65. The Nasdaq Composite rose 1.01% to 11,256.81.
“For today, we reckon regional markets may be buoyed by the lower CPI figure which should prop the FBM KLCI higher thus expect the index to trend within the 1,470-1,485 range,” Rakuten Trade said.
Bagus bagi pasukhas dengan kepakarannya dalam sektor hidro elektrik macam projek pasukhas di kelantan:)
Kuala Lumpur: Tenaga Nasional Bhd (TNB) akan memastikan bekalan elektrik kekal berterusan walaupun menghadapi krisis tenaga kerana tenaga adalah infrastruktur teras untuk membentuk pertumbuhan ekonomi, terutamanya apabila memanfaatkan peluang semasa pasca pandemik.
TNB mampu menyediakan konsistensi dalam bekalan kerana ia telah mempelbagaikan campuran tenaga untuk penjanaan elektrik selama ini. Ia berlaku disebabkan krisis tenaga yang tercetus daripada pandemik Covid-19 dan konflik Ukraine-Rusia 2021 yang mendorong harga minyak global dan komoditi lain seperti arang batu melonjak ke paras tertinggi. Ini menyebabkan tekanan yang melampau terhadap industri penjanaan kuasa di Malaysia dan juga di peringkat global.
Bagaimanapun, pengguna dan perniagaan Malaysia agak selamat daripada krisis kerana terdapatnya pelbagai langkah kerajaan seperti Peraturan Berasaskan Insentif dan mekanisme Ketidakseimbangan Pelepasan Kos Bahan Api (ICPT).
Pada Januari tahun ini, Suruhanjaya Tenaga berkata kerajaan akan mengekalkan tarif asas elektrik semasa pada 39.45 sen setiap kilowatt-jam untuk semua pengguna elektrik di Semenanjung Malaysia sepanjang Tempoh Kawal Selia 3 (RP3) dari 1 Februari 2022 hingga 31 Disember 2024.
Kerajaan juga mengumumkan surcaj tarif elektrik sebanyak 3.7 sen setiap kilowatt jam (kWj) untuk pengguna bukan domestik bagi tempoh Februari hingga Jun 2022, sambil mengekalkan rebat dua sen untuk pengguna domestik.
Sementara itu, TNB menjangkakan ICPT berjumlah RM16.4 bilion apabila dilaksanakan antara Januari dan Jun 2023 berbanding RM7 bilion pada separuh kedua 2022.
Perlu diingat bahawa setakat ini, Malaysia amat bergantung kepada penggunaan arang batu dan gas asli, kedua-duanya menjana hampir 93 peratus tenaga elektrik untuk Semenanjung Malaysia.
Profesor Madya Dr Ahmed Razman Abdul Latiff dari Putra Business School memberitahu Bernama, TNB berhasrat untuk mencapai sifar bersih dan bebas arang batu menjelang 2050, yang akan menjadikan kos tenaga lebih terurus dan dalam lingkungan kemampuan pengguna.
Lebih penting lagi, beliau berkata syarikat utiliti itu menyasarkan untuk mengurangkan pergantungan kepada arang batu sebanyak 50 peratus menjelang 2035.
"Dalam pada itu, mungkin tumpuan harus diberikan pada penjanaan dan pengurusan tenaga yang cekap serta kempen jimat elektrik untuk mengurangkan kesan daripada bil elektrik yang tinggi.
"Pada masa yang sama, (perlu ada) galakan untuk mendorong pengguna mempertimbangkan bagi menukar pergantungan tenaga dengan memasang panel solar di bumbung rumah mereka," kata Ahmed Razman.
Dalam tempoh 28 tahun akan datang, syarikat utiliti itu merancang memperuntukkan perbelanjaan modal tahunan sebanyak RM20 bilion untuk menyokong agenda sifar bersih Malaysia. Ia juga ingin bertemu dengan pemain industri bekalan elektrik Eropah untuk potensi perkongsian dan pelaburan dalam mempercepatkan peralihan tenaga bagi pertumbuhan perniagaan yang mampan.
Di tengah-tengah kos tenaga yang tinggi untuk menjana elektrik, kenaikan tarif elektrik mungkin tidak dapat dielakkan dalam masa terdekat berikutan permintaan tenaga yang melonjak, gangguan bekalan bahan api dan kekurangan minyak, gas dan arang batu yang www.klsescreener.com/v2/news/view/1083751
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
26,592 posts
Posted by Good123 > 2022-12-13 07:05 | Report Abuse
Malaysia-Thailand JV to inject new perspective into Malaysian real estate market
Bernama December 09, 2022 | Updated 3 days ago