Harga syer jatuh kerana beberapa sebab... 1. Pandemik kovid lebih panjang drp jangkaan. 2. Pengarah2 gila syer pasukhas selepas dapat projek hartanah di KL dari yayasan veteran ATM yang bernilai RM300-400 juta tanpa tender. Mereka kini memiliki syer pasukhas terbanyak sebagai satu blok melalui esos. Juga, bagi private placement pada harga syer terlalu rendah kpd kroni dahulu... SC belum mengambil tindakan sampai kini.
Walau bagaimanapun, nilai wujud kini sebab harga semasa cuma 2.5sen walaupun nta 10sen kebetulan sama dengan harga RI 10sen tahun lepas. Maybank investment melaporkan nilai historical p/b pasukhas= 0.5, bermakna pasukhas sekurang-kurang bernilai 5sen pada kebiasaannya menurut nta semasa.
Juga, pengarah2 berjudi quoted related parties, kerugian 9 bulan pertama tahun ni sebab pelarasan fair value quoted share investment, biz pasukhas dah breakeven.. pengarah2 tak berani menyalahgunakan dana sykt lagi, kerajaan baru kian ketat dan ketua mungkin akan digantikan dengan orang yg betul2 buat kerja, dll.
Jadi, pasukhas akan balik 10sen++ kelak..
Mark my words, ya! :)
@sunsetbiz
nampak u sell emas dari 0.1x hingga sekarang je......siok sendiri hari hari ya.......:)
Tunggu game yang sama bagi pasukhas macam cypark haha
KUALA LUMPUR (Dec 14): Chung Chee Yang, who emerged as Cypark Resources Bhd's single largest shareholder in September when his shareholding surpassed that of its co-founder-cum-chief executive officer Datuk Daud Ahmad, has continued to raise his stake in the company by acquiring more shares in the open market.
Chung now has 74.3 million shares representing a 12.618% stake in Cypark, after his latest acquisition of 400,000 shares on Monday (Dec 12).
Little is known about Chung other than that he had briefly been a substantial shareholder of Tanco Holdings Bhd with a 5% interest from September till end-November 2021, and that of MAG Holdings Bhd with a 6.32% stake from Sept 20 till Oct 9, 2019.
He first emerged as a substantial shareholder in Cypark on Aug 9 when he acquired 30 million shares of the company via the open market, which gave him a 5.095% stake.
He then raised his stake via a series of open market acquisitions. By Sept 15, his shareholding had gone up to 7.928%, versus Daud's 6.77% stake. By end-November, he had 12.482%.
From Aug 9 until Dec 12, Cypark's shares closed between 43 sen and 41 sen apiece. It closed at 40 sen on Wednesday, giving the renewable energy and environmental engineering solutions company a market capitalisation of RM235.6 million.
Cypark's third largest shareholder is Amanah Saham Nasional Bhd, who holds 6.30% via Amanah Saham Bumiputera and Amanah Saham Malaysia 3.
Cypark's net profit for its latest quarter ended July 31, 2022 (3QFY2022) fell 29.2% to RM11.8 million from RM16.68 million in 3QFY2021, as revenue dropped 30.9% to RM45.49 million from RM65.92 million on lower contribution from its renewable energy division, whose revenue decreased to RM20.3 million from RM56.2 million.
On Dec 8, Cypark announced that its indirect subsidiaries had been awarded 21-year feed-in approval certificates by Sustainable Energy Development Authority (Seda) to carry out biogas projects, with a total capacity of 2.7MW, in Johor and Terengganu.
The first biogas project comprises a 1.2 MW installed capacity biogas plant in Layang-Layang, Johor, which was awarded to Cypark's 51%-indirectly-owned Reviva BACRE (Ulu Remis) Sdn Bhd. The second is a 1.5 MW plant in Kemaman, Terengganu awarded to BACRE Reviva Biogas (Kemaman) Sdn Bhd, which is 80%-owned by BACRE Reviva Biogas Holdings Sdn Bhd, which in turn is an indirect 51%-subsidiary of Cypark.
Cypark said Tenaga Nasional Bhd would purchase electricity from the project companies at pre-agreed feed-in tariff rates.
Tak tahu joe akan masuk pasaran terbuka untuk menyapu syer pasukhas lagi ..
Kenangan sedikit
SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145, 670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD (PASUKGB) BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF JOE JOE HOLDING BERHAD
Type Reply to Query Reply to Bursa Malaysia's Query Letter - Reference ID IQL-22072021-00002 Subject SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145, 670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD (PASUKGB) BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF JOE Description JOE HOLDNG BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) ("JOE" OR "THE COMPANY") - ADDITIONAL INFORMATION ON SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145,670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY Query Letter Contents We refer to JOE’s announcement dated 21 July 2021 in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:
1) The total cost to subscribe for the 249,720,00 rights shares in PASUKGB (including the acquisition cost of the rights to subscribe for the rights shares) and the updated highest percentage ratio.
2) Other than the synergies with regard to the construction of the gloves factories, to provide further justification to subscribe for the rights shares in PASUKGB taking into consideration that the principal business activities of PASUKGB and JOE are not similar.
3) Whether the subscription tantamount to diversification in operations of the Company pursuant to Paragraph 10.13 of the Main Market Listing Requirements, together with the basis thereof.
4) The Company undertook a series of fund raising exercises in 2020 and 2021 (two private placements in 2020 and 2021 respectively and rights issue in 2021) to raise funds for its gloves business. In this regard, to provide detailed justification to subscribe for the rights shares in PASUKGB which is funded from internally generated funds while the Company needs to undertake various fund raising exercises to fund its existing gloves business.
5) Future plans of the Group on PASUKGB given the substantial shareholdings of 21.58% in PASUKGB.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
We refer to JOE’s announcement dated 21 July 2021 (“Announcement”) in relation to the subscription of 249,720,000 Rights Shares together with 145,670,000 Free Warrants in Pasukhas Group Berhad (“PASUKGB”) by GP Autobat Sdn Bhd (“GP Autobat”), a wholly-owned subsidiary of the Company, and query from Bursa Malaysia Securities Berhad (“Bursa Securities”) vide its letter dated 22 July 2021 in relation to the same (“Bursa Queries”).
Please refer to the attachment for further details.
This announcement is dated 26 July 2021.
Please refer attachment below.
Attachments JOE - Additional Information (26.07.2021).pdf 128.8 kB
Announcement Info Company Name JOE HOLDING BERHAD Stock Name JOE Date Announced 26 Jul 2021 Category General Announcement for PLC Reference Number GA1-23072021-00072
Pemegang syer pasukhas terbesar kini ada banyak dana tak terpakai...mungkinkah ia akan menambah syer pasukhas lagi? :)
OTHERS JOE HOLDING BERHAD ("JOE" OR "THE COMPANY") EXTENSION OF TIMEFRAME FOR UTILISATION OF PROCEEDS RAISED FROM PRIVATE PLACEMENTS JOE HOLDING BERHAD
Type Announcement Subject OTHERS Description JOE HOLDING BERHAD ("JOE" OR "THE COMPANY")
EXTENSION OF TIMEFRAME FOR UTILISATION OF PROCEEDS RAISED FROM PRIVATE PLACEMENTS Reference is made to the earlier announcements in relation to the Private Placement dated 15 December 2020 and 13 January 2021.
The Board of Directors of JOE (“the Board”) wishes to inform that as at 30 September 2022, the Company has yet to fully utilise the proceeds raised from following Private Placements allocated for the investment in the Glove Business:
RM39.7 million raised from Private Placement completed on 15 December 2020; and RM26.6 million raised from Private Placement completed on 13 January 2021; (collectively referred as “Proceeds”).
The Board has resolved to extend the timeframe for the utilisation of the said Proceeds for another twelve (12) months respectively (“Revised Timeframe”) to provide additional time for the Group to utilise the balance of Proceeds for the investment in the Glove Business ("Extension of Time").
Details of the Revised Timeframe are set out in the table below:
1.
Utilisation of Proceeds of RM39.7 million raised from Private Placement completed on 15 December 2020
Proposed Utilisation
RM’000
Actual Utilisation RM'000
Balance Unutilised Proceeds
RM’000
Intended Timeframe for Utilisation
Revised timeframe for utilisation
(a)
Investment in the Glove Business
39,073
(14,470)
24,603
within 24 months
additional 12 months
(b)
Estimated expenses
620
(620)
-
Immediate
-
Total
39,693
(15,090)
24,603
2.
Utilisation of Proceeds of RM26.6 million raised from Private Placement completed on 13 January 2021
Proposed Utilisation
RM’000
Actual Utilisation RM'000
Balance Unutilised Proceeds
RM’000
Intended Timeframe for Utilisation
Revised timeframe for utilisation
(a)
Investment in the Glove Business
26,324
-
26,324
within 24 months
additional 12 months
(b)
Estimated expenses
300
(300)
-
Immediate
-
Total
26,624
(300)
26,324
The Board is of the opinion that the Revised Timeframe is in the best interest of the Group and will not have material adverse effect on the financial performance of the Group.
The Revised Timeframe does not require the approval of the Securities Commission Malaysia, or any other regulatory authorities or the shareholders of JOE.
The Company shall continue to be vigilant and prudent in managing the Private Placement Proceeds and will continue to disclose the status of the utilisation in the Company's quarterly results and annual report until it is fully utilised.
This announcement is dated 15 December 2022.
Announcement Info Company Name JOE HOLDING BERHAD Stock Name JOE Date Announced 15 Dec 2022 Category General Announcement for PLC Reference Number GA1-14122022-00018
Joe beli banyak syer pasukhas sebab mau pasukhas bina kilang glove untuknya... Sabar ya!!!more construction contracts for pasukhas.... Berbaloi menunggu hahaha
KUALA LUMPUR (Dec 15): Joe Holding Bhd said it has yet to fully utilise the proceeds of two private placements that raised a total of RM66.3 million for investments in the glove business.
As such, the group has decided to extend the time frame to utilise the proceeds by 12 months, Joe Holding said in a bourse filing.
The automotive batteries and components manufacturer had raised RM39.7 million from the first placement that was completed on Dec 15, 2020, and RM24.6 million from the second placement that was completed on Jan 13, 2021.
The intended time frame for the use of the proceeds from both placements was 24 months.
As of Sept 30, 2022, Joe Holding said RM24.6 million of the RM39.7 million raised from the first placement had yet to be utilised.
For the second placement, RM26.32 million of the RM26.6 million raised was unutilised.
Joe Holdings said the revised time frame was in the best interest of the group and would not have a material adverse effect on its financial performance.
“The revised time frame does not require the approval of the Securities Commission Malaysia, or any other regulatory authorities or the shareholders of Joe Holding,” it added.
Joe Holding’s share price rose 0.5 sen or 25% to 2.5 sen on Thursday (Dec 15), giving the group a market capitalisation of RM76.48 million.
Pasukhas punya projek di KL, beside MRT, dll bukan kawasan ulu hahahaha
Some specialists also believe that wealthy foreign purchasers could help ease the glut, especially for properties worth RM500,000 and above that still account for a big chunk of unsold units.
"Don't allow developers to build properties where there are no job possibilities, schools, malls or public transit as there will be no demand and this will add to the overhang issue," Knight Frank Malaysia executive director Amy Wong said.
Saw points out that any increase in rates will also cause additional financial burdens to existing subscribers of the loan facility, particularly conventional ones.
“On the other hand, higher inflation tends to lead to higher property prices, which indirectly reduces those who can afford homes,” Saw says.
He adds that rising interest rates and inflation are expected to cause imbalance in the property market in the medium to long term.
“However, the short-term impact on the property market should be minimal.”
With the recent general election now concluded and with a new government in place, Saw says there is hope that the unity government, led by Pakatan Harapan, will be able to steer the country in the right direction for the next five years.
“Optimism and hope are two ingredients in which they can build upon,” he says.
Meanwhile, South Korea saw the largest global IPO completed at the beginning of the year on the back of strong momentum carried from 2021. The listing of the South Korean battery maker LG Energy Solution had raised US$10.8bil (RM47.8bil).
However, excluding LG Energy, proceeds in Seoul had slumped 85%, according to a recent Bloomberg report. For 2023, new listing prospects in the country look dim as investors question prospective companies’ inflated valuation amid the rising interest rate environment.
Within Asean, the two blockbuster IPOs were Indonesia’s PT GoTo Gojek Tokopedia Tbk and Thai Life Insurance in Thailand.
GoTo, which is one of Indonesia’s largest tech companies, raised US$1.1bil (RM4.9bil), while Thai Life’s listing in July raised 34.4 billion baht or RM4.3bil.
On Bursa Malaysia, dairy producer Farm Fresh Bhd, which is backed by Khazanah Nasional Bhd, made its debut in March, raising RM1.1bil.
“Indonesia and Malaysia markets have also done well by deal numbers and/or proceeds.
“However, the rest of the APAC markets were more affected amidst the global economic and geopolitical backdrop and recorded lessened IPO activities at different levels,” says EY.
Energy and technology led the issuances of large IPOs this year, it notes.
While the deal pipelines are expected to pick up in 2023, headwinds remain for the global economy.
JP Morgan, in its report on the outlook for 2023, believes recessions are likely in the United States and Europe.
But it says stock markets could stabilise next year even as the economic growth deteriorates.
As for China, it sees a pivot toward reopening, but one that is likely to be staggered and careful.
“In 2023, we believe equities are well-positioned to deliver positive returns. Any material decline from current levels could represent a good buying opportunity,” the bank adds.
According to JP Morgan, the interest rate hikes are seeing their intended impact.
“Globally, we think inflation will continue its downward trajectory throughout 2023, reaching levels consistent with most central bank targets by 2024,” it adds.
As for Malaysia, UOB Kay Hian (UOBKH) Research expects a less turbulent year for local equities, contrasting with expectations for a lower GDP growth in 2023.
In its outlook for the first half of 2023 (1H23), the research firm anticipates the uptrend on Bursa Malaysia since October, in tandem with global markets, to continue through part of the first quarter of next year (1Q23)
“However, the stock market should cool off mildly in 1Q23 before warming up before 2H23. We envision a mild consolidation period in 1Q23 for global markets as investors pause to assess the cumulative impact of rate hikes on corporate earnings, the severity of winter in the eurozone (and its implications for global energy prices) and the ongoing Russia-Ukraine war.”
UOBKH has an end-2023 FBM KLCI target of 1,640 points based on 15.2 times 2023 earnings. It says this target factors in the political risk premium and potential earnings downgrades.
However, the research firm expects improving foreign fund flows in 1H23, in line with the consensus view that the US policy rate would peak in 1Q23. Locally, it expects the overnight policy rate to be raised twice (or cumulatively 50 basis points) to its terminal rate of 3.25% in 1Q23.
Similarly, RHB Research feels there are reasons for less pessimism with expectations that the pace of monetary policy tightening is close to peaking, while domestic political risks have abated.
But it cautions that equity markets will retain a propensity for volatility in 1H23.
“The market catalysts being observed will be offset by a bumpy China re-opening process, domestic regulatory worries, investor reactions to weaker macroeconomic and corporate data points, and persistent foreign fund outflows,” RHB Research points out in its strategy report released yesterday.
That said, it notes forward valuations are not demanding with the FBM KLCI now at 13.2 times FY24 earnings.
“Investors should still approach 2023 with caution, but have a predisposition to build positions for the medium term and buy on weakness,” says RHB Research.
Some of the potential mega IPOs in Asean are e-wallet service provider LinkAja and logitech unicorn J&T Express in Indonesia.
Over at Malaysia, there has been talk about the listing of QSR Brands (M) Holdings Bhd, which is the operator of KFC and Pizza Hut restaurants in South-East Asia.
The company, backed by private equity firm CVC Capital Partners and Johor Corp, had reportedly shelved its IPO plans this year after key investors deemed its valuations to be on the high side. When it does come to the market, QSR would be one of Malaysia’s largest IPO in recent years.
Projek pasukhas-yayasan veteran ATM, terakhir punya hahaha
#TerbaiklahKerajaanPerpaduan Kontrak semua pengerusi dan ahli lembaga yang dibuat melalui pelantikan politik dalam firma dan badan berkaitan kerajaan akan ditamatkan berkuat kuasa serta-merta.
Dalam mesej teks kepada Malaysiakini petang ini, seorang menteri mengesahkan keputusan jemaah menteri itu.
“Benar,” jawab menteri itu ringkas ketika diminta mengulas laporan sebuah portal yang memetik surat Ketua Setiausaha Negara Mohd Zuki Ali berhubung perkara berkenaan.
Surat itu menyatakan bahawa kabinet membuat keputusan tersebut semasa mesyuaratnya.
Mereka yang kontraknya ditamatkan termasuk lantikan politik dengan badan berkanun persekutuan, syarikat berkaitan kerajaan (GLC), syarikat Kementerian Kewangan (Diperbadankan), syarikat pelaburan berkaitan kerajaan (GLIC) dan institusi utama.
After three years of zero Covid, China’s coronavirus response has entered a new phase, with the focus now on treatment and prevention of severe disease, according to the country’s top economic policymakers
The declaration on Friday night from the Central Economic Work Conference, the most important annual meeting of its kind, comes after a series of government announcements last week that signalled China was heading for the exit from its controversial approach to containing the virus.
One school of thought suggests that unethical behaviour is eliminated by transparent disclosure. Enhancing transparency, through a good governance structure, enforces quality disclosure and assists informed decision making (Mallin et al., 2004).
KUALA LUMPUR (Dec 19): CGS-CIMB Securities said it expects 2023F to likely to be another challenging year as Malaysian corporates adjust to the new policy landscape, rising costs and slower global growth.
In a strategy note on Dec 17, the research house said it expects most of the pessimism on the global economy to be priced in by 1H23F and the market to perform better in 2H23F.
CGS-CIMB said the potential bright spots are return of foreign funds, M&A activities/synergies, a stable government, and clarity on the new government policies.
“We lower our end-2022F KLCI target to 1,510 points and expect KLCI to return 8% in 2023F to end at 1,633 points.
Humans that lack integrity may cause corruption, regardless of the means of technology. As one of the respondents said ‘there is no direct impact between technology and integrity. “Human” is the factor of concern, as the level of integrity relates with the human factor.’
Of late, it appears that corruption is becoming aggressive and unstoppable. The impact is tremendous to the extent that corruption increases poverty and bankrupts a nation. Thus, government initiatives are established to increase the society’ s expectations and status of living. In the context of Malaysia in particular, the government has pledged to reduce corruption and transform the country into a highincome nation. Thus, any preventive measures and initiatives to combat corruption would benefit the nation and the people. Therefore, the Corruption Risk Management model adapted as a preventive measure against cybercrime is a step forward to deter corruption in the country. This initiative is in tandem with the country’s aspiration to build the nation so that it can generate higher income and provide better lives to the people of the country.
References (APA) [1]. Albrecht, W. Steve, Conan C. Albrecht, Chad O. Albrecht, & Mark F. Zimbelman. (2009). Fraud Examination, 3rd Edition. Mason, OH: South-Western. [2]. Campbell, L.J. & Goriz, S.A. (2014). Culture corrupt! A qualitative study of organisation Culture in corrupt organisations. Journal of Business Ethics, 120, 3, 291 – 311 [3]. Carroll, P. and Windle, J. (2018). Cyber as an enabler of terrorism financing, now and in the future. Journal of Policing, Intelligence and Counter Terrorism, 13 (3), 285 – 300 [4]. Charron, N., Dahlstrom, C., Fazekas, M., & Lapuente, V. (2017). Careers, Connections, and Corruption Risks:
China investors to grab condo unit of the yayasan atm pasukhas project, china ended zero cov8d policy, their citizens are allowed to travel again :)
New Straits Times www.nst.com.my China remains Malaysia's largest trading partner, says envoy 18 Jun 2022 — KUALA LUMPUR: China has been Malaysia's largest trading partner for 13 consecutive years, with bilateral trade
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
26,620 posts
Posted by Good123 > 2022-12-14 17:21 | Report Abuse
Kamu nampak taik, pihak lain nampak emas..
Jika kamu ada syer pasukhas, bolehlah jualkan kpd mereka jika tak mau :)
@sunsetbiz
saw lots die hard fans keep for few years and hoping for jackpot........:)
1 hour ago