ACGA analyst Chris Leahy said regulators' efforts are hampered by political interference and material delays in cases that are prosecuted through the Attorney General's Office, even where SC has the right of audience as deputy prosecutors.
"We have seen this in some high-profile market manipulation, insider dealing and corruption cases where actions against certain subjects are inexplicably dropped despite material evidence to support prosecution."This casts serious doubts on Malaysia's appetite to tackle political and business corruption."
Leahy said despite creditable efforts by SC and Bursa Malaysia to enforce securities violations such as insider trading and market manipulation, these issues continue to be a material problem for Malaysia's securities markets.
Many of these problems occur among small-cap companies listed on Bursa Malaysia that have smaller free floats and are easier for insiders and market syndicates to control and manipulate
Executives from SC and Bursa Malaysia, during a discussion admitted that this issue continues to be problematic for Malaysia's markets, he said.This shows they have a difficult job to do, added Leahy.
With the prevalence of political influence within the legal systems and the ability of certain insiders to exploit their influence to ensure legal impunity, issues with insider trading and market manipulation are unlikely to improve without a sea of change within Malaysia's political system.
"This change is not something that will happen overnight, if at all," said Leahy.
Wednesday 29 August 2012 Pasukhas IPO debut on ACE market
First time I saw IPO debut on first day with query UMA after hit limit up 400% from IPO price of RM 0.12. Opening price of RM 0.27 with 125% gain while closing price at RM 0.605 with 404.17% gain. This IPO succeed perform on the first day. Those successfully got from the IPO definitely gain a lot.
The Board believe that with the steady growth in the Energy and Power Generation segment will contribute positively to it’s future financial performance. With improve economy enviroment recently the Group will kick start its development project and expand into River Sand Extraction cum Trading segment in the near future. In addition, on 2 April 2021, the Group had introduced the first maiden development project to public during the Ground-breaking Ceremony which officiated by YB Dato’ Sri Ismail Sabri Bin Yaakob, Senior Minister (Security Cluster). This project had entered by SL Development Sdn. Bhd. (fka Pasukhas Development Sdn. Bhd.) (“SLDSB”) (a wholly-owned subsidiary of the Company) through Joint Venture Agreement (“JVA”) with Yayasan on 9 June 2017. Pursuant to the JVA, SLDSB will undertake Yayasan Project as the Yayasan Project owner. SLDSB shall responsible for undertaking and implementing the entire development project on a total package basis from initial conceptual studies through the detail design and construction phase to the completion thereof. Further information on the roles and responsibility of SLDSB are set out in the circular to Shareholders dated 20 July 2018. The development project located off Jalan Tun Razak, Kuala Lumpur has an estimated gross development value of RM338 million and gross development profit of RM81 million, after deducting gross development costs of approximately RM257 million. SLDSB shall be effectively entitled to the whole gross development profit of RM81 million from development project. The development project is estimated to have a gross built-up area of approximately 644,000 square feet with a net floor area of approximately 355,000 square feet comprising the following:- (a) 224 units of serviced apartments with built-up areas ranging from approximately 640 square feet to 4,400 square feet, spread out over 32 storeys; (b) 1 basement car park comprising 42 car park lots; (c) an 8-storey podium comprising 2 storeys of commercial centres with a net floor area of approximately 12,000 square feet and 6 storeys containing a total of 607 car park lots; (d) 9 storeys of commercial offices with a net floor area of approximately 93,000 square feet; and (e) facilities including prayer room, multi-purpose hall, meeting room, childcare centre, kindergarten, laundry, reading room, indoor games room, gymnasium, computer room, hawker centre, workers’ recreational space, medical treatment room, taxi-waiting area and other related amenities. Recently increased foreign direct investments activities in Malaysia, the Group was sucessfully awarded from Exyte Malaysia, a subsidiary of Germany’s Exyte Group. Construction work has commenced in 2022 and the projects is and track for completion by the fourth quarter of 2023. Apart from that, we foresee additional new packages will be awarded to us in new future. Nonetheless, the Group will continue to focus and review its strategies to improve the cost, quality and delivery of its products and services as well as overall operational efficiencies in order to remain competitive in the industries the Group operate in.
Ada Net profit kerana untung dari gain on quoted investments dalam hidden hand shares kan? Jika exclude it , rugilah juga :) kini investors kian celik dah :)
0177 PASUKGB PASUKHAS GROUP BERHAD Quarterly rpt on consolidated results for the financial period ended 30/09/2023 Quarter: 1st Quarter Financial Year End: 30/06/2024 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/09/2023 30/09/2022 30/09/2023 30/09/2022 RM '000 RM '000 RM '000 RM '000 1 Revenue 19,012 0 19,012 0 2 Profit/Loss Before Tax 2,148 0 2,148 0 3 Profit/(loss) attributable to ordinary equity holders of the parent 2,113 0 2,113 0 4 Net Profit/Loss For The Period 2,159 0 2,159 0 5 Basic Earnings/Loss Per Shares (sen) 1.11 0.00 1.11 0.00 6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.8100 0.1100 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
ACGA analyst Chris Leahy said regulators' efforts are hampered by political interference and material delays in cases that are prosecuted through the Attorney General's Office, even where SC has the right of audience as deputy prosecutors.
"We have seen this in some high-profile market manipulation, insider dealing and corruption cases where actions against certain subjects are inexplicably dropped despite material evidence to support prosecution."This casts serious doubts on Malaysia's appetite to tackle political and business corruption."
Leahy said despite creditable efforts by SC and Bursa Malaysia to enforce securities violations such as insider trading and market manipulation, these issues continue to be a material problem for Malaysia's securities markets.
Many of these problems occur among small-cap companies listed on Bursa Malaysia that have smaller free floats and are easier for insiders and market syndicates to control and manipulate.
Executives from SC and Bursa Malaysia, during a discussion admitted that this issue continues to be problematic for Malaysia's markets, he said.This shows they have a difficult job to do, added Leahy.
With the prevalence of political influence within the legal systems and the ability of certain insiders to exploit their influence to ensure legal impunity, issues with insider trading and market manipulation are unlikely to improve without a sea of change within Malaysia's political system.
"This change is not something that will happen overnight, if at all," said Leahy.
@JJPTR
MOU(year 2020) to fool the retailers. SC need to take action or be labelas useless dog.
Thursday, 30 Nov 2023 6:28PM PASUKGB Resignation of LIM EE VONE As Cf Wednesday, 29 Nov 2023 7:34PM PASUKGB Retirement of WAN THEAN HOE As Executive Director
Tuesday, 5 Sep 2023 6:48PM PASUKGB Consolidated results for the financial period ended 30/06/2023 (Amended) Wednesday, 30 Aug 2023 6:49PM PASUKGB Consolidated results for the financial period ended 30/06/2023
Malaysia patut ikut cara China, delist sykt2 yg tak baik, dll.
The number of companies delisted from China’s stock markets are approaching a record high this year, with about half of them losing their listing status after languishing below par value.
Siapa ada info terkini tentang maklumat khusus tentang sebarang projek yang mungkin dilakukan oleh Pasukhas Berhad dengan Angkatan Pertahanan Awam (APM) atau ATM (Angkatan Tentera Malaysia)???
Ada untung, nta 81sen... Harga syer ~14sen... Kenapa? Trust dah hilang kan?
<%-- for fixing scrollbar--%> Save Print Back
0177 PASUKGB PASUKHAS GROUP BERHAD Quarterly rpt on consolidated results for the financial period ended 30/09/2023 Quarter: 1st Quarter Financial Year End: 30/06/2024 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/09/2023 30/09/2022 30/09/2023 30/09/2022 RM '000 RM '000 RM '000 RM '000 1 Revenue 19,012 0 19,012 0 2 Profit/Loss Before Tax 2,148 0 2,148 0 3 Profit/(loss) attributable to ordinary equity holders of the parent 2,113 0 2,113 0 4 Net Profit/Loss For The Period 2,159 0 2,159 0 5 Basic Earnings/Loss Per Shares (sen) 1.11 0.00 1.11 0.00 6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.8100 0.1100 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
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
26,310 posts
Posted by Good123 > 2023-12-21 16:58 | Report Abuse
ACGA analyst Chris Leahy said regulators' efforts are hampered by political interference and material delays in cases that are prosecuted through the Attorney General's Office, even where SC has the right of audience as deputy prosecutors.
"We have seen this in some high-profile market manipulation, insider dealing and corruption cases where actions against certain subjects are inexplicably dropped despite material evidence to support prosecution."This casts serious doubts on Malaysia's appetite to tackle political and business corruption."
Leahy said despite creditable efforts by SC and Bursa Malaysia to enforce securities violations such as insider trading and market manipulation, these issues continue to be a material problem for Malaysia's securities markets.
Many of these problems occur among small-cap companies listed on Bursa Malaysia that have smaller free floats and are easier for insiders and market syndicates to control and manipulate