NTA was high during the PP to this person... PP was redundant... the fund raised was small, even smaller than the company's funds used to buy penny stocks of related parties.. the directors should nbe investigated, etc.
Ingat!!!!!!!!!1
Shareholding Changes Date of change Shares Director/ Substantial Shareholder 06 Jan 2022 Disposed 42,000,000 MR LIM PAK HONG 05 Jan 2022 Disposed 81,947,700 MR LIM PAK HONG 04 Jan 2022 Disposed 46,088,100 MR LIM PAK HONG 27 Dec 2021 Acquired 231,477,700 MR LIM PAK HONG
Joe dah beli banyak syer pasukhas... boleh takeover dah... banyak dana tak digunakan kerana glove industry dah kantoi
13 Oct 2021 Acquired 30,000,000 JOE HOLDING BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) 13 Oct 2021 Acquired 30,000,000 GP AUTOBAT SDN. BHD. 11 Oct 2021 Acquired 16,000,000 GP AUTOBAT SDN. BHD. 11 Oct 2021 Acquired 16,000,000 JOE HOLDING BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) 08 Oct 2021 Acquired 18,000,000 GP AUTOBAT SDN. BHD. 08 Oct 2021 Acquired 18,000,000 JOE HOLDING BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD)
tak mengambil kira semua pegangan syer semua pengarah melalui esos... majoriti dah 50%++ milik pengarah2, check out for confirmation... highlighted dulu...
PASUKGB Top Shareholders Total Shares (Quantity) 428.05M Total Shares (%) 23.97%
Name % Shares Position Change Value Record Date LAZARUS CORPORATE FINANCE PTY LTD 5.49 98,091,100 NEW 1.96M 29 Mar 22 SANSTON FINANCIAL GROUP LIMITED 4.01 71,594,600 NEW 1.43M 29 Mar 22 CHONG TONG SIEW 1.68 30,000,000 NEW 600K 29 Mar 22 KHO CHONG YAU 1.27 22,670,000 NEW 453K 29 Mar 22 HEE YUEN SANG 1.12 20,000,000 NEW 400K 29 Mar 22
KUALA LUMPUR: Property developers are turning cautious and intend to slow down their launches next year due to uncertainties, Maybank Investment Bank Bhd (Maybank IB) said.
External factors such as tightening monetary policy, supply chain disruptions and labour shortage issues would likely linger into 2023 and continue to weigh on property stocks, Maybank IB added.
There are no indications on the financial year 2023 (FY23) sales target yet but Msybank IB expects FY23 target could either be flat or up marginally year-on-year (YoY) due to slower launches by developers as labour supply issues have persisted and remain unsolved.
"To avoid higher construction costs and potential delays in 'product' delivery, a few developers plan to slow down their launches.
"Also, developers are cautious on property demand as higher interest rates would hit buyers' affordability.
"To recap, mortgage loan applications have declined by seven per cent quaryrr-on-quarter (QoQ) and 15 per cent year-on-year (YoY) to RM33.5 billion in October 2022," noted its analyst Wong Wei Sum.
Industrial properties, however, have gained traction in 2022 especially after the reopening of international borders in April.
"We expect the strong sales momentum to extend into 2023 with rising investment diversion from China on persisting in the US-China trade war," Wong said.
During the September/October 2022 quarter earnings reporting season, Maybank IB upgraded Tambun Indah Land Bhd and UEM Sunrise Bhf to "Buy" and "Hold" respectively.
It maintained "Buy" on Eco World Development Group Bhd and Sime Darby Property Bhd, and "Hold" on SP Setia Bhd and Sunway Bhd.
It also upgraded Eco World International Bhd to tactical "Buy" due to potential distribution windfall via a capital repayment.
KUALA LUMPUR (Dec 28): Kumpulan Kitacon Bhd has set its initial public offering (IPO) price at 68 sen per share, aiming to raise RM51.74 million via the listing exercise to mainly fund the purchase of construction equipment and construction of a storage and refurbishment facility.
Slated to list on the Main Market of Bursa Malaysia on Jan 17, 2023, the IPO entails a public issue of 76.09 million new shares, as well as an offer for sale of 62.5 million shares by way of private placement to bumiputera investors approved by the Ministry of International Trade and Industry.
Breaking down the share allocation for the public issue, 10 million shares will be made available for application by the Malaysian public, 8.59 million shares for eligible directors employees and persons who have contributed to the success of the group, and 57.5 million shares by way of private placement to institutional and selected investors.
Of the RM51.74 million expected to be raised from the public issue, Kitacon has earmarked RM20 million (38.7%) for the purchase of land and construction of a storage and refurbishment facility, RM18 million (34.8%) for the purchase of aluminium formwork systems, and RM6 million (11.6%) for scaffolding and cabins.
Another RM3.28 million (6.3%) has been allocated for working capital, while the remaining RM4.46 million (8.6%) has been ring-fenced for estimated listing expenses.
“We have earmarked RM24 million, representing 46.4% of the gross proceeds raised from the public issue, for the purchase of construction equipment, comprising aluminium formwork systems, scaffoldings and cabins to cater to our current construction projects and to facilitate the anticipated growth in our construction operations,” Kitacon said in its prospectus, which was launched on Wednesday (Dec 28).
“We intend to acquire a piece of land with an approximate area of three acres to construct a storage and refurbishment facility with an approximate built-up area of 65,000 sq ft which will be used as a centralised storage facility to house all our aluminium formwork systems, scaffoldings and cabins that are not in use at our construction sites,” the company added.
Based on its enlarged issued share capital of 500 million shares and the issue price of 68 sen apiece, Kitacon will have a market capitalisation of RM340 million upon listing.
“Looking ahead, our goal is to broaden our reach and expertise in township construction as we aim to secure more contracts from new clients while conditioning to foster our business relationships with existing clients.
“Additionally, we will continuously explore and adopt progressive construction techniques such as the use of aluminium framework system to improve our productivity and deliver projects within the stipulated time, cost and highest quality standards," Kitacon managing director Tan Ah Kee said.
For the six-month period ended June 30, 2022 (6MFY2022), Kitacon posted a profit after tax (PAT) of RM26.13 million, higher than the RM21.34 million in the same period a year earlier. This was carried by a higher PAT margin of 11.1% for 6MFY2022 as compared to 8.9%, as revenue clocked in lower at RM234.73 million versus RM238.64 million.
Going forward, Tan said the company has an outstanding orderbook of RM853.6 million.
Touching on Kitacon’s dividend policy, the company said it intends to distribute dividends of at least 25% of its annual audited PAT attributable to its shareholders.
“This will allow our shareholders to participate in the profits of our group while leaving adequate reserves for the future of our group,” it added.
pasukhas is too undervalued, profitable private companies can approach pasukhas for RTO
What is reverse takeover Malaysia? reverse take-over relates to a situation whereby a listed issuer acquires other assets, businesses or interests and, as a result, there is a change in control in the listed issuer through the introduction of a new dominant shareholder or group of shareholders.
when pasukhas is profitable, pasukhas can pay dividend too, just make these entries , Dr. Share Capital, Cr. Accumulated Losses (Capital Reduction - book entry je) to start anew.
Pasukhas mantap dengan tunai dari pp and right issue . NTA masih 10sen... Berpuluh-puluh juta RM dah bagi yayasan veteran atm untuk projek hartanah di KL yg bernilai rm300-400 juta..
Jangan sentuh warrant, kamu perlu tambah 10sen lagi untuk memperoleh satu syer biasa pasukhas. @Good 123 if somebody buy wa still can hold ex day is 2024 12 14
Singapore’s 2013 penny stock crash mastermind John Soh sentenced to 36 years in jail Malaysian businessman John Soh, who has been found guilty of masterminding Singapore's largest stock market manipulation — the 2013 penny stock rout — has been sentenced to 36 years in jail. His co-conspirator Quah Su Ling was ordered to serve a 20-year term. The sentences were handed down by the Singapore High Court on Wednesday (Dec 28) after a near four-year trial that started in March 2019.
The two — described during trial as "long-time partners in both business and personal affairs" — were found by the court to have orchestrated an elaborate scheme to manipulate the share prices of Blumont Group, Asiasons Capital and LionGold Corp between August 2012 and October 2013, besides cheating two financial institutions, according to a joint statement from the Singapore police, the republic's Attorney General's Chambers, and the Monetary Authority of Singapore (MAS). The stocks crashed in October 2013 and destroyed some S$8 billion (RM26.2 billion) in market value.
Soh, 62, was convicted in May this year of criminal conspiracy, including false trading, price manipulation, deception and cheating. He was found guilty of 180 of the 188 charges he faced. Quah, 57, was convicted of 169 out of 178 charges. Both are appealing against their conviction and sentences.
The scheme masterminded by the duo led to large losses by investors and harmed public confidence in the integrity of Singapore's capital markets, said MAS assistant managing director of policy payments and financial crime Loo Siew Yee. "The successful prosecution and stiff sentences leave no doubt as to the authorities' resolve in acting against such misconduct."
18 months hingga june 2023, boleh show untung kot? :)
0177 PASUKGB PASUKHAS GROUP BERHAD Current Stock Name : PASUKGB Current Financial Year End : 31/12/2022 New Financial Year End : 30/06/2023 Remark : The Directors of Pasukhas Group Berhad has approved the change of financial year end from 31 December to 30 June (Change). This is to allow the Company to have better management and coordination of resources in order to enhance its business operations, and internal and external reporting. The first set of accounts after the Change shall be for a period of 18 months from 1 January 2021 to 30 June 2023. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
MACC chief in share trading controversy cleared by SC Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki hogged the limelight in January over a share trading controversy.
There were allegations that Azam owned shares in several public-listed companies. He was reported to have owned 1.93 million shares in Gets Global as of April 30, 2015, which was trimmed to 1.03 million shares by March 31, 2016. Azam was also said to be the owner of 2.16 million warrants in Excel Force as of March 21, 2016.
Azam explained that his share trading account had been used by his younger brother Nasir Baki to buy shares in 2015. He denied any wrongdoing and said the stocks purchased had later been transferred to Nasir’s account.
The Securities Commission Malaysia (SC) then examined the accusation against Azam for allowing his brother to operate his share-trading account. It was also summoned to appear before a parliamentary select committee to explain the issue.
Subsequently, the SC announced on Jan 18 that it could not “conclusively establish” if there was any breach of Section 25(4) of the Securities Industry (Central Depositories) Act 1991, which stipulates that a trading account must be opened in the name of the beneficial owner or authorised nominee.
That remark raised even more eyebrows.
A day later, the SC clarified that Azam operated the account that he had opened, in that he had given instruction to buy, sell and transfer securities from the account.
0177 PASUKGB PASUKHAS GROUP BERHAD Change in Boardroom Date of Change: 31/12/2022 Type of Change: Resignation Designation: Others Directorate: Ind & N/Exec Name: YAP CHEE KEONG Age: 67 Country: Nationality: Malaysia Qualifications: Working Experience and Occupation: Directorship of public companies (if any): Family relationship with any director and/or major shareholder of the listed issuer: Nil Details of any interest in the securities of the listed issuer or its subsidiaries: Nil Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
BOARD OF DIRECTORS Mejar Dato' Ismail Bin Ahmad Independent Non-Executive Chairman Wan Thean Hoe Executive Director cum Chief Executive Officer Mak Siew Wei Executive Director Tang Boon Koon Executive Director Dato’ Nik Ismail Bin Dato’ Nik Yusoff Independent Non-Executive Director Yap Chee Keong**************Cabut dah hahahaha Independent Non-Executive Director Teoh Kim Hooi Independent Non-Executive Director
AUDIT AND RISK MANAGEMENT COMMITTEE Teoh Kim Hooi , Chairman Yap Chee Keong, Member Mejar Dato' Ismail Bin Ahmad, Member Dato’ Nik Ismail Bin Dato’ Nik Yusoff, Member NOMINATION COMMITTEE Dato’ Nik Ismail Bin Dato’ Nik Yusoff, Chairman Yap Chee Keong, Member Teoh Kim Hooi , Member REMUNERATION COMMITTEE Mejar Dato' Ismail Bin Ahmad, Chairman Yap Chee Keong, Member Teoh Kim Hooi , Member
taik betul? bukankah ~RM20juta dah digunakan untuk menyapu related parties punya penny stok? pemegang syer tak bodoh, khinzir :( PP tu semata-mata untuk mengkayakan kroni je. tak perlu sebenarnya.. celaka!!!! RM99juta+ dah dapat dari RI. Masa syer pasukhas terlalu undervalued, puak pengarah taik pulak terbit PP syer kpd kroni pada harga undervalued ... sebaliknya beli banyak penny stok taik related parties... pemegang syer tak bodoh...
The Board, having considered the current and prospective financial position, needs and capacity of the Company, is of the opinion that the 20% General Mandate is in the best interest of the Company and its subsidiaries. As at the date of this notice, the Company has issued 231,477,700 new ordinary shares at issue price of RM0.0191 per share by way of private placement pursuant to the General Mandate granted to the Directors at the 16th AGM held on 25 May 2021. The total proceeds of RM4,421,224 was raised from the Private Placement and the details of utilization of proceeds as below:- Purposes Proposed Utilisation (RM'000) Amount Utilised (RM'000) Amount Unutilised (RM'000) Estimated time frame for the utilisation of proceeds Part finance the FASB Project Estimated expenses for the Corporate Exercise 4,362 59 4,362 59 - - Within 12 months Immediate Total 4,421 4,421
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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
26,620 posts
Posted by Good123 > 2022-12-27 22:23 | Report Abuse
Tak banyak jumlah nilai syer yang ditawarkan untuk dijual hari ni....RM2.59juta je, boleh sapu bersih sampai 4sen................
Sabar ya! Projek yayasan ATM dah bernilai RM300-400 juta... :)
Best Sell
Position
Price
Volume
Orders
1
0.02
9,247,600=RM184,952
43
2
0.025
31,396,500=RM784,913
181
3
0.03
20,800,300=RM624,009
114
4
0.035
11,126,200 = RM389,417
57
5
0.04
15,160,600 =RM606,424
54