Posted by Good123 > 2023-01-09 10:42 | Report Abuse

Belum siasat pengarah2 pasukhas, pengarah chartered accountant yap dah cabut :)

Posted by Good123 > 2023-01-09 11:56 | Report Abuse

Jangan lari :)


Save Print Back

0177 PASUKGB PASUKHAS GROUP BERHAD
Change in Audit Committee
Date of Change: 31/12/2022
Type of Change: Cessation
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:
Details of any interest in the securities of the listed issuer or its subsidiaries:
Composition of Audit Committee After Change:
1. Mr. Teoh Kim Hooi (Chairman) - Independent Non-Executive Director2.
Mejar Dato' Ismail bin Ahmad (Member) - Independent Non-Executive Director3.
Dato' Nik Ismail bin Dato' Nik Yusoff (Member) - Independent Non-Executive
Director
Remarks:
The Audit Committee and Risk Management Committee (ARMC) are combined and
known as Audit and Risk Management Committee. Following the resignation of Mr.
Yap Chee Keong as Director of the Company and he has also ceased to be a member
of the ARMC from the same date. Currently, the Company is in the process of
identifying and selecting suitable candidates to fill this vacancy.
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:

30/12/2022 07:00 AM


Ref Code: 202212305000493

Posted by Good123 > 2023-01-09 12:21 | Report Abuse

Any strategic investor macam cypark?

9, January 2023, Monday

USA
Wall Street's main indexes rallied on Friday as a slew of economic data including cooling wages and moderation in US jobs growth in December calmed worries over the Federal Reserve's rate-hike trajectory.

EUR
European markets climbed on Friday as investors digested key euro zone inflation data and December’s U.S. jobs report.

ASIA
Asia-Pacific markets traded higher as Hong Kong and mainland China resumed quarantine-free travel over the weekend, signaling the end of zero-Covid policy which kept borders effectively closed for nearly three years.

MALAYSIA
Bursa Malaysia opened higher on Monday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) rising 0.31% to 1,485.14 points on renewed buying interest, lifted mainly by gains in transportation and logistics stocks, said a dealer.

GOLD
Gold prices shot up over 1% on Friday to seven-month highs as Treasury yields and the dollar fell after U.S. economic data cemented expectations of a less-hawkish Fed.

OIL
Oil prices were little changed on Friday as the market balanced a weaker U.S. dollar and mixed U.S. jobs reports, but both crude benchmarks ended the first week of the year lower due to global recession concerns.

KLCI: 1,480.55 (-0.38) (-0.03%)

DJIA: 33,630.61 (+700.53) (+2.13%)
S&P 500: 3,895.08 (+86.98) (+2.28%)
NASDAQ: 10,569.29 (+264.05) (+2.56%)

FTSE: 7,699.49 (+66.04) (+0.87%)

NIKKEI: 25,973.85 (+153.05) (+0.59%)

HSI: 20,991.64 (-60.53) (-0.29%)
HSCEI: 7,143.64 (-28.79) (-0.40%)

SHANGHAI: 3,157.64 (+2.42) (+0.08%)
SHENZHEN: 2,040.53 (+3.38) (+0.17%)

Gold: 1,870.50

Crude Oil: 78.57

USD/MYR: 4.3723

Posted by nightmare007 > 2023-01-10 09:25 | Report Abuse

CNY pun @Good123 tak dapat hadiah dari pasukgb :)))))

Posted by Good123 > 2023-01-10 09:37 | Report Abuse

Tunggu siasatan terhadap pengarah2 selesai dulu, sama ada kickback digunakan untuk memperoleh projek hartanah KL yayasan veteran ATM yg bernilai RM300-400 juta tu..

Sabar Bro!

@nightmare007

CNY pun @Good123 tak dapat hadiah dari pasukgb :)))))

10 minutes ago

Posted by sunsetbiz > 2023-01-10 10:01 | Report Abuse

for those waited high price and more then 2years here the only things they can advise is SABAR......:)

Posted by nightmare007 > 2023-01-10 11:34 | Report Abuse

Tuggu siasatan? dah siasat mungkin projek di tamatkan?...duit boleh dikembalikan?? :))))...cerita next tggu projek sungai udang lagi :)))) terindah~~~~

Posted by nightmare007 > 2023-01-10 12:12 | Report Abuse

Dulu lepas PRU, Now lepas siasatan pula?


so fakta atau auta??

Posted by jojo85 > 2023-01-10 17:13 | Report Abuse

@Good123, we miss u at chhb forum..kikiki

Posted by Good123 > 2023-01-10 19:20 | Report Abuse

The days of Directors of pasukhas are numbered:)

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BM
RESOURCESMEDIA RELEASES AND ANNOUNCEMENTS MEDIA RELEASES
SC WINS INSIDER TRADING CIVIL SUIT AGAINST FORMER DEPUTY MD OF WCT BHD AND DIRECTOR OF ARA HOLDINGS SDN BHD
Defendants ordered to pay RM5.83 million to the SC

Kuala Lumpur, 23 December 2022

The High Court today found that the Securities Commission Malaysia (SC) had successfully proven an insider trading case against Goh Chin Liong (Goh), former deputy managing director of WCT Bhd (WCT) and Leong Ah Chai (Leong), director of Ara Holdings Sdn Bhd (Ara Holdings).

In the suit filed in 2015, the SC claimed that Goh, 63, and Leong, 62, had breached sections 188(2) and 188(3) of the Capital Markets and Services Act 2007 (CMSA) when Goh communicated material non-public information to Leong. The latter then disposed a total of 1,640,000 WCT shares in Ara Holdings’ trading account between 2 and 5 January 2009. At the material time, Goh was the deputy managing director of WCT.

The material non-public information was in relation to the cancellation of a contract for the proposed construction of the “Nad Al Sheba Dubai Racecourse” in Dubai, United Arab Emirates, which was awarded to a joint-venture company set up by WCT and one Arabtec Construction LLC. At the material time, Leong was a director of Ara Holdings, which was one of the 30 largest shareholders in WCT.

Justice Dato' Ahmad Zaidi Ibrahim ordered Goh and Leong to each pay to the SC a sum of RM2,542,184.70. This is equivalent to three times the losses avoided by Ara Holdings through Leong as a result of the insider trading.

The High Court also ordered both defendants to each pay a civil penalty of RM300,000 and awarded costs of RM75,000 each to the SC.
SECURITIES COMMISSION MALAYSIA

SC AFFILIATES
RELATED SITES
ABOUT THE SC
The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

Posted by Good123 > 2023-01-10 20:04 | Report Abuse

Giliran untuk pengarah2 pasukhas, bila? Hahahaha

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Take-overs Related Publications & Announcements
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Procurement Notice
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Edumercials for Investor Affairs
Investor Education Radio Series On BFM 89.9
Edumercials for SRI
Bonds & Sukuk Market
Derivatives
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Enforcement
Equities
Fund Management & Products
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Structured Products
Common Reporting Platform (XBRL)
About AOB
Registration of Audit Firm and Individual Auditors
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Venture Capital and Private Equity
Acts
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Technical Notes, Practice Notes and Circulars
Regulatory FAQs
Consultation Papers
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Have you seen these people?
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Securities Commission Malaysia Act 1993
Securities Industry (Central Depositories) Act 1991
Demutualisation (Kuala Lumpur Stock Exchange) Act 2003 (pdf)
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BM
RESOURCESMEDIA RELEASES AND ANNOUNCEMENTS MEDIA RELEASES
SC SUES FIVE INDIVIDUALS FOR CAUSING WRONGFUL LOSS TOTALLING RM120.6 MILLION TO FOUR PUBLIC LISTED COMPANIES
Kuala Lumpur, 12 December 2022

The Securities Commission Malaysia (SC) on 29 November 2022 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.

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

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

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 abetted or furthered the siphoning.

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

Under section 317A of the CMSA, a director or an officer of a listed corporation shall not do anything with the intention of causing wrongful loss to the listed corporation. Under section 179, a person is prohibited from engaging in fraud or deceit when subscribing, purchasing or selling any securities.

In order to prevent dissipation of the assets of the defendants, the SC had, on 1 December 2022, obtained an injunction from the Kuala Lumpur High Court to restrain Tey, Lim, 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.

The SC sought various orders in its civil suit, including orders that the defendants:

had contravened sections 179 and 317A of the CMSA;
pay the SC the following:
disgorgement of all proceeds obtained from the contravention of these sections, pursuant to sections 200 and 360 of the same Act; and
a civil penalty of RM1 million each, or such amount as considered appropriate by the Court, in accordance with section 200(2) of the CMSA; and
be barred from being directors of any public-listed company, and from trading on any stock exchange or derivatives exchange, for a period of ten years.

The High Court had initially fixed 12 December 2022 for the defendants to respond to the injunction application. However, following the non-appearance of the defendants, the High Court granted an ad interim injunction and fixed 9 January 2023 for the defendants’ response.
SECURITIES COMMISSION MALAYSIA

Posted by Good123 > 2023-01-11 08:53 | Report Abuse

Chartered accountant yap dah meninggalkan lembaga pengarah, siapa next pulak? Hahahaha

Posted by nightmare007 > 2023-01-11 09:54 | Report Abuse

tunggu lembaga pengarah tinggalkan company pula..banyak sungguh rekaan cerita :)))) tak tahulah cerita terindah atau auta terindah :)))

Posted by sunsetbiz > 2023-01-11 10:06 | Report Abuse

Good123 is royal customer here .....only on off go others like astro ...chhb , senheng to show face else here no ppl support he also bored....:)

Posted by Good123 > 2023-01-11 14:55 | Report Abuse

Ya lah tunggu pengarah2 masuk jel seperti najib ataupun cabut in exile macam jho low haha

Posted by nicholas99 > 2023-01-11 14:56 | Report Abuse

serbadk boss also no masuk jail. u ingat senang ke?

Posted by nicholas99 > 2023-01-11 14:57 | Report Abuse

janji ada duit.. berpuluh puluh million.. tukar nama balik pun boleh.

Posted by nightmare007 > 2023-01-11 15:43 | Report Abuse

bagi @good123 semua itu tak mustahil dan tidak mustahil @good123 telah tertipu bertahun-tahun lamanya....huhuhuhuhu :)))))

Posted by Good123 > 2023-01-11 20:50 | Report Abuse

The directors' days are numbered .. approaching dah

Wednesday, 11 Jan 2023 7:17 PM MYT
PUTRAJAYA, Jan 11 — The Malaysian Anti-Corruption Commission (MACC) arrested four high-ranking individuals in private companies, including a managing director and general manager, yesterday to assist in investigations in connection with corruption involving a special government programme worth RM114 million.

Posted by Good123 > 2023-01-11 20:57 | Report Abuse

Usah risau, bertahan ya :)

Posted by Good123 > 2023-01-12 05:26 | Report Abuse

As the global marketplace continues to develop with increasing speed, businesses and the finance industry in particular have begun investing heavily in systems, processes and infrastructure to identify and combat fraud, which itself has increasingly become multisectoral and international in nature.

Posted by Good123 > 2023-01-12 05:33 | Report Abuse

Projek hartanah kl yayasan atm pasukhas bukan macam ni kan? :)

https://www.freemalaysiatoday.com/category/bahasa/tempatan/2023/01/11/kes-tuntutan-palsu-projek-lembu-rm20-3-juta-pengarah-pemilik-syarikat-direman/

Posted by nightmare007 > 2023-01-12 10:10 | Report Abuse

PASUKHAS GROUP BERHAD (“PASUKHAS” OR THE “COMPANY”)
ACCEPTANCE OF LETTER OF AWARD BY PASUKHAS SDN BHD, A WHOLLY-OWNED
SUBSIDIARY OF THE COMPANY FROM FINTEC GLOVE SDN BHD, TO ACT AS MAIN
ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACTOR TO DESIGN, BUILD AND
DELIVER A TURNKEY GLOVE-MANUFACTURING FACTORY

The completion date for the Contract Award shall be no more than 8 months from the
date of commencement, which is by 31 August 2021;

Masih belum untung? Kemana pergi keuntungan? :))))

@good123 tertipu kot:))))

Posted by nightmare007 > 2023-01-12 10:29 | Report Abuse

The Board of Directors of Pasukhas (“Board”) wishes to announce that Pasukhas Sdn Bhd
(“PSB”), a wholly-owned subsidiary of the Company, had on 2 February 2021, accepted a letter
of award from AT Glove Engineering Sdn Bhd (“ATGE”), to design and build a four storey office
building located at Lot 207448 & 207449, Jalan Chepor 11/7, Kawasan Perusahaan Seramik
Chepor, 31200 Mukim Hulu Kinta, Daerah Kinta Perak (“the Contract Award”) with a contract
value of approximately RM2.738 million (“Contract Value”).

The overall contract period, excluding building of lift, shall be three (3) months from the
commencement date, which is February 2021.

masih belum siap? kalau dah siap mana pergi keuntungan? :)))

Posted by nightmare007 > 2023-01-12 10:36 | Report Abuse

ACCEPTANCE OF LETTER OF AWARD BY PASUKHAS SDN BHD, A WHOLLY-OWNED
SUBSIDIARY OF THE COMPANY FROM FAMOUS AMBIENCE SDN BHD. This announcement is dated 15 September 2021

The date of commencement will be advised in writing by Architect. The completion date
will be 8 months from the date of commencement.

aikkk takkn @good123 ditipu lagi? mustahilll @good123 adalah seorang yang penuh dengan fakta..mana mungkin ditipu?

auta mungkin? :)))

Posted by Good123 > 2023-01-12 14:16 | Report Abuse

ESG, pasukhas dapat ka? Hidro elektrik projek, bangunan hijau, dll? :)

https://www.theedgemarkets.com/content/advertise/opportunities-voluntary-carbon-markets-nature-based-solutions

Posted by Good123 > 2023-01-12 14:18 | Report Abuse

Siapa yg bagi projek yayasan veteran atm, semasa najib ataupun sabri? :)

https://www.theedgemarkets.com/node/651434

Posted by nightmare007 > 2023-01-12 16:17 | Report Abuse

Fakta sudah jadi auta :)) Tidak mampu beri jawapan, hanya copy paste sahaja :)))

Posted by Good123 > 2023-01-12 20:33 | Report Abuse

Macam Hartanah, mesti ada kuasa pegangan baru beli...

Posted by Good123 > 2023-01-12 20:34 | Report Abuse

Pasukhas akan bertukar tangan... Lembaga pengarah kini tak boleh pakai..
Si penakut yap pun dah cabut :)

Posted by Good123 > 2023-01-12 20:35 | Report Abuse

Accumulate in stages.... Sudden surge anytime boleh berlaku


Sabar bro:)

Posted by Good123 > 2023-01-13 06:05 | Report Abuse

Kedua-dua suspek dipercayai bersubahat bantu sebuah syarikat pembinaan kemuka tuntutan palsu kepada sebuah syarikat pelaburan.

#AWANInews #AWANI745

Posted by Good123 > 2023-01-13 08:54 | Report Abuse

:)

https://www.nst.com.my/news/crime-courts/2023/01/869248/macc-ramps-fight-against-corruption-suspects-involved-siphoning

Posted by Good123 > 2023-01-13 09:08 | Report Abuse

Hartanah tak pernah lebih murah dalam jangkamasa sederhana / panjang

Pasti naik dalam jangkamasa panjang

Kesan inflasi

Posted by Good123 > 2023-01-13 09:08 | Report Abuse

Tetap percaya bro :)

Posted by Good123 > 2023-01-13 11:05 | Report Abuse

Dah ada petunjuk .. lembaga pengarah akan bertukar , chartered accountant yap cuma langkah permulaan

Posted by Good123 > 2023-01-13 11:06 | Report Abuse

Lembaran baru bagi pasukhas... Pemegang syer terbesar baru akan muncul...

Posted by Good123 > 2023-01-13 11:24 | Report Abuse

bank expect next hike 25points only

Rally soon. Stocks related to property n penny. Risk appetite would return

Posted by Good123 > 2023-01-13 14:33 | Report Abuse

Pelawat dr twnah besar dah boleh masuk. Terbanglah

Property Development
For Property Development segment, the Group would collaborate with Yayasan Veteran ATM
for a Joint Venture Project to undertake the development of a piece of State leasehold land by
constructing and completing a commercial development comprising of car parking bays,
offices and serviced apartments in the area of Jalan Tun Razak. The Group had received a
letter from Dewan Bandaraya Kuala Lumpur (“DBKL”) requesting for an additional
development charges amounting to RM5.7 million to be paid within three (3) months in order
to obtain the Development Order (“DO”) from DBKL to kick start the construction work. The
Group would look for some potential investors and/or partners to embark on the said project.
The shareholder enquired on the estimated value of the said properties upon completion and
Mr Wan replied that the value of entire properties would be approximately RM380 million,
based on the pre-set targeted price of RM1,200 to RM1,300 per square feet and would target
for buyers from Hong Kong and China.

Posted by nightmare007 > 2023-01-13 14:45 | Report Abuse

Harapan atau harapan palsu? :))))

Posted by Good123 > 2023-01-13 14:49 | Report Abuse

ESG -- BAGUS SEKALI.... KITA LAWAN :)

Renewable Energy
For Renewable Energy, the Group owned a hydro energy power plant in Kelantan which had
contributed a stable income stream for the Group by generating a long-term revenue and profit
of approximately RM3.5 million to RM4.0 million per year in supplying of energy to Tenaga
Nasional Berhad.
The Group was also exploring the potential opportunities in waste management energy project
in order to generate an additional income to the Group.

Posted by Good123 > 2023-01-13 14:55 | Report Abuse

terbaik
Other income in the AFS
The shareholder enquired on the other income amounting to RM7,326,629 as stated in the
AFS 2019 and Mr Wan answered that it was one-off income, arose from the disposal of a
freehold land situated in Pahang which was acquired from MTM Millennium Holdings Sdn.
Bhd. (In-Liquidation) in year 2018. Mr Wan also added that the Group was in the midst of
dealing with the new land owner for the construction of the hotel building

Posted by Good123 > 2023-01-13 15:00 | Report Abuse

segalanya dah disediakan... just do it je.. senang

The Group had on 13 December 2018 announced that Pasukhas Green Assets Sdn. Bhd.
(“PGA”), a wholly-owned subsidiary of Pasukhas Energy Sdn. Bhd. (“PESB”), proposed to
establish an Islamic Medium-Term Note (“ASEAN Green SRI Sukuk”) programme of RM200.0
million in nominal value under the Shariah principle of Wakalah Bi Al-Istithmar together with
Murabahah (via Tawarruq arrangement) (“ASEAN Green SRI Sukuk Programme”) and the
said programme should have a tenure of twenty (20) years from its first issue date.

Posted by nightmare007 > 2023-01-13 15:02 | Report Abuse

cerita 2018...sudah ketiadaan fakta kot :)))

Posted by Good123 > 2023-01-13 16:07 | Report Abuse

According to Malacca Securities Sdn Bhd, the optimism on Wall Street overnight, coupled with the higher Brent crude oil price of around US$84 per barrel could lift the sentiment on the local bourse.

"Investors may seek bargain hunting opportunities within the technology sector amid the persistent uptrend on Wall Street," it said in a note today.

Meanwhile, the brokerage also anticipated interest to continue in tourism and consumer stocks amid a strong rebound in travel demand.

Posted by Good123 > 2023-01-13 16:08 | Report Abuse

Belilah astro jika tak mau pasukhas :)

Posted by Good123 > 2023-01-13 22:54 | Report Abuse

Cypark juga change fye macam pasukhas, cuma harga syer pasukhas belum naik


KUALA LUMPUR (Jan 13): Cypark Resources Bhd, which saw its net profit plummet 79% year-on-year in the fourth quarter ended Oct 31, 2022, has decided to change its financial year end to April 30, 2023.

This comes 10 days after Jakel surfaced as the renewable energy (RE) company’s single largest shareholder with a 27.33% stake following the completion of a private placement exercise.

“The rationale for the said change [in financial year end] is to allow for better availability of resources and improve management of audit and annual reporting, to strengthen operations and to refocus on the enlarged group's business plan,” Cypark said in a Bursa Malaysia filing on Friday (Jan 13), noting that its current set of financial statements will comprise a period of 18 months from Nov 1, 2021, to April 30, 2023.

Jakel emerged as Cypark’s single largest shareholder on Jan 4 after it took up 176.65 million new shares under the integrated RE player's private placement exercise for RM67.1 million or 38 sen apiece.

The bulk of the cash call’s proceeds has been earmarked for the development of Cypark’s large-scale solar 2 (LSS2) floating solar photovoltaic projects at Danau Tok Uban, Kelantan, while the remainder is to be used for working capital for its solid waste modular advanced recovery and treatment waste-to-energy (SMART WTE) plant at Ladang Tanah Merah, Negeri Sembilan.

Cypark’s floating solar plant’s targeted commercial operation date (COD) was initially pegged for December 2021 but was postponed to May 2022, then to September 2022, and is now slated for May 2023. As for its WTE project, it had also missed its latest targeted COD three months earlier in September 2022.

Meanwhile, Cypark also in September 2022 announced that the company and TTDI KL Metropolis Sdn Bhd mutually terminated a roadworks contract worth RM74.3 million, citing “variability in project scope, completion date and project costs”.

For the fourth quarter ended Oct 31, 2022, Cypark pencilled in a net profit of RM5.38 million, down 79.1% from RM25.72 million a year prior.

Quarterly revenue was slashed by 44.35% to RM48.39 million from RM86.95 million on lower contributions from the company's RE division, and its waste management and WTE division.

Subsequent to Jakel’s emergence as Cypark’s single largest shareholder, the company’s second-largest shareholder Chung Chee Yang had, in the three days from Jan 10 to 12, acquired 900,000 shares or a 0.09% equity interest in the company, raising his shareholding to 75.9 million shares or 9.915%.

Shares in Cypark finished half a sen or 0.72% higher at 70 sen, giving the company a market capitalisation of RM537.42 million.

Read also:
Jakel is now our single largest shareholder, says Cypark, confirming The Edge report

Posted by Good123 > 2023-01-15 08:02 | Report Abuse

KUALA LUMPUR (Jan 14): Bursa Malaysia is expected to trend higher next week amid easing inflationary pressure in the US and expectations for smaller interest rate hikes, said an analyst.

SPI Asset Management managing partner Stephen Innes said investors will start to move out of the risk curve and start buying Malaysian assets with linkages to China's economy such as commodity exporters, tourism, services as well as industrial exports.

According to the Department of Statistics Malaysia, the manufacturing sector continued its double-digit growth to record RM159.2 billion in sales in November 2022, an increase of 11.8% year on year.

"We will also see repatriation flows from high net-worth investors that will move out of US stocks and back into Malaysia stocks, also driven by a weaker US dollar," he told Bernama.

The US consumer price index (CPI) fell 0.1% in December, meeting expectations, for the biggest drop since April 2020.

As such, he reckoned that the FBM KLCI would test the 1,500-level next week.

Meanwhile, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng also anticipated the benchmark index to re-test the 1,500 mark next week with positive market sentiment.

“From a technical point of view, we shall see immediate resistance at 1,500, followed by 1,530, with support at 1,460-65,” he said.

The local market was traded mostly higher, tracking regional peers and boosted by the reopening of China's border, coupled with the December 2022 CPI data from the US.

On a week-to-week basis, the key index rose 14.48 points to 1,495.03 against 1480.55 a week earlier.

On the index board, the FBM Emas Index rose 153.47 points to 10.785.80, the FBM Emas Shariah Index gained 140.85 points to 10,976.72, and the FBMT 100 Index added 140.15 points to 10,482.57.

The FBM ACE Index increased 77.58 points to 5,455.48 and the FBM 70 Index advanced 345.96 points to 13,380.67.

Sector-wise, the Industrial Products and Services Index inched up 3.62 points to 185.29 and the Plantation Index gained 32.74 points to 6,922.91.

The Financial Services Index widened 205.67 points to 16,621.15 and the Energy Index gained 45.35 points to 822.94.

Weekly turnover increased to 16.92 billion units worth RM10.77 billion against 13.32 billion units worth RM6.71 billion last week

The Main Market volume jumped to 10.35 billion shares valued at RM8.25 billion from 8.06 billion shares valued at RM5.12 billion a week ago.

Warrants volume rose to 1.56 billion units worth RM354.78 million from 1.50 billion units worth RM340.67 million previously.

The ACE Market volume grew to 5.03 billion shares worth RM2.16 billion from 3.76 billion shares worth RM1.25 billion on Friday last week.

Posted by Good123 > 2023-01-15 08:09 | Report Abuse

KUALA LUMPUR (Jan 13): Radium Development Bhd launched its latest project, the R Suites Chancery Residences, in Ampang, Kuala Lumpur on Friday.

With a gross development value (GDV) of RM521 million in Ampang, the 51-storey development — sits atop a 2.18-acre plot of freehold land — is set to be completed by 4Q2027.

Chancery Residences will comprise 944 residential suites, commercial spaces as well as a 145-room hotel. The residential suites are sized from 452 to 861 sq ft, and are priced between RM455,000 and RM867,000.

Meanwhile, the facilities — including a co-working space — are spread across two floors, spanning 33,615 sq ft.

In the launch event on Friday, Radium Development’s managing director Gary Gan Kah Siong noted that the developer is targeting young professionals and couples for Chancery Residences.

He believes this target group can afford this price range, and its focus is to ensure affordability for buyers.

“We are confident that Chancery Residences will perform well, especially with its strategic location...and our target is for the units to be at least 80% taken up by the end of the year.”

It has also been awarded the GreenRe Gold Certificate under the residential category by the Real Estate and Housing Developers Association (Rehda) Malaysia.

Located 5km from KLCC and KL’s Golden Triangle, Chancery Residences is easily accessible via public transportation and major roads and highways such as Ampang-Kuala Lumpur Elevated Highway (AKLEH) and Kuala Lumpur Middle Ring Road 2 (MRR2).

The developer appeared to be sanguine about the property sector, that in comparison with the previous year, the sector saw some improvement in terms of transactions and values in 2022.

Apart from Chancery Residences, Radium Development is also looking to launch another residential development in Sungai Besi in 2Q2023, he said, adding that more details will be revealed closer to the upcoming launch.

“In 2023 and beyond, as we move into the new normal recovery, we expect people to be looking to diversify and build their investment portfolios to better secure their futures,” he added.

Posted by nightmare007 > 2023-01-15 13:23 | Report Abuse

weekend pun berkerja... tapi untung masih tiada...xpe bersabar:)))