PERAK CORPORATION BHD
KLSE (MYR): PRKCORP (8346)
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0.38
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3 people like this. Showing 50 of 1,384 comments
Went to maps for holiday... Crazy bosan... Dunno how they can turn this around... Ask khazanah for help lah ..... Those guys got some experience a bit..
2019-01-10 11:17
https://www.malaymail.com/s/1710964/former-perak-corp-ceo-charged-with-taking-rm455k-bribe
Former Perak Corp CEO charged with taking RM455k bribe
IPOH, Jan 10 — Datuk Aminuddin Md Desa, the former group chief executive of Perak Corp Berhad, today claimed trial to receiving RM455,660 from a contractor via the construction of a bungalow at Hulu Kinta here last year.
The 56-year-old was alleged to have committed the offence between Jan 17 and July 3 at Public Bank Berhad’s Jalan Sultan Idris Shah branch at 76, Jalan Sultan Idris Shah.
He was accused of receiving the bribe from one Chua Kim Weng, Uni-poh Construction Works Sdn Bhd director, with the knowledge that Chua's company had an interest in contract work at Bandar Meruraya 2 (Zone 9) which was linked to Aminuddin's official duties.
He was charged under Section 165 of the Penal Code, punishable with a maximum jail sentence of two years, or a fine, or both.
Farah Yasmin Salleh, who prosecuted, proposed a bail of RM20,000 with one surety.
She also asked Aminuddin's passport be impounded pending the disposal of the case.
Sessions Court judge S. Indera Nehru set February 22 for case management and fixed bail at RM15,000 with one surety.
She also ordered Aminuddin to hand over his passport.
Aminuddin was represented by Najmi Dawami Abdul Hamid.
Earlier, Aminuddin arrived at court at about 8.45am accompanied by his family.
Clad in white long sleeve short and slack, Aminuddin had used his blue coloured coat to cover his handcuffed hands.
Aminuddin resigned as group CEO last year and was reported arrested after he was summoned to the Perak office of the Malaysian Anti-Corruption Commission at 11.20am yesterday.
2019-01-10 11:30
so what is Nga and PH going to do now with PRKCorp? The bad guys are gone and so now.....sell chee cheong fan and char keuh teow???
2019-03-13 11:18
time to move up now, fun fair had been taken over by perak state government , so future sure profit every year
2019-11-29 22:38
Animation Theme Park Sdn Bhd (ATP), a 51%-owned unit of loss-making Perak Corp Bhd (PCB), has defaulted on its repayment of a syndicated term loan facility of up to RM280 million.
The facility was granted by Affin Hwang Investment Bank Bhd, Affin Bank Bhd, Bank Pembangunan Malaysia Bhd and Malaysia Debt Ventures Bhd.
According to a filing with the bourse, ATP — the developer, owner and operator of Movie Animation Park Studios (MAPS) — defaulted on a RM25.7 million repayment on Sept 26, 2019, citing cash flow constraints.
2019-12-02 11:14
Didn't this ctr was offer 3.90 a few years ago? all shareholders rejected the "unfair" offer?
2019-12-19 22:29
State-owned Perak Corp now a PN17 firm
KUALA LUMPUR (Feb 11): Perak Corp Bhd — whose Movie Animation Park Studios (MAPS) theme park in Ipoh was closed last month until further notice — has lapsed into Practice Note 17 (PN17) status.
The state-owned firm told the stock exchange today that it is now regarded a PN17 company, arising from the default in payment and its inability to declare solvency.
This comes after the group defaulted on another repayment of principal, this time in respect of the Musharakah Mutanaqisah Term Financing-i and Tawarruq Revolving Credit-i of up to RM100 million granted by Affin Islamic Bank Bhd.
Last October, Animation Theme Park Sdn Bhd — a 51%-owned subsidiary of PCB Development Sdn Bhd, which in turn is a wholly-owned unit of Perak Corp — defaulted in its repayment of principal for a syndicated term loan facility of up to RM280 million involving Affin Hwang Investment Bank Bhd, Affin Bank Bhd, Bank Pembangunan Malaysia Bhd and Malaysia Debt Ventures Bhd.
“After taking into consideration the group’s current cash flow position vis-à-vis its total debt obligations payable and the available cash flow, the company is unable to declare that it is solvent, pursuant to paragraph 9.19A(4) of the Listing Requirements.
“Arising from the default in payment and the company is unable to declare that it is solvent, the company has triggered the prescribed criteria under paragraph 2.1(f) of the PN 17 of the Listing Requirements,” it added.
2020-02-12 10:10
irehawk Didn't this ctr was offer 3.90 a few years ago? all shareholders rejected the "unfair" offer?
19/12/2019 10:29 PM
Why didn't accept 3.90 but want to keep till 26c?
2020-02-12 22:00
You know, these kind of company is actually worth more dead than alive.
It might be worth it to really understand the liquidation process and see if the equity still got any meat left anot.
=====
apolloang tell pastor calvin to buy lo.....hehe
12/02/2020 10:57 PM
2020-02-12 23:01
Wakakaka wakakaka ya ya my fren told me it was offered 3.90 a few years back . What a joke . Now became pn17.
2020-02-13 21:58
now PH going to be kicked out, maybe somebody with some financial and business sense can finally take over. Or is this hoping for too much???
2020-02-26 09:51
Wow. Check out announcement. Current NTA per share is -0.09. After proposed disposal is RM0.84 ... and after proposed debt settlement is RM2.85. This counter should fly today.
2020-12-18 08:04
@jwyap.
Spot on!
Next wed come my hse Yum sheng
Still in CH minum tea tarik strawberry
2020-12-18 20:53
The pro forma effects of the other components of the Proposed New Scheme of Arrangement
on the consolidated net asset and gearing of PCB Group based on the latest audited
consolidated financial statements as at 31 December 2019 and assuming Proposed New
Scheme of Arrangement had been effected as at 31 December 2019 are shown below:
Audited as
at 31
December
2019
After
Proposed
Disposal
of
PERKESO
Properties
After
Proposed New
Scheme of
Arrangement
RM’000 RM’000 RM’000
Share capital 272,770 272,770 272,770
(Accumulated losses) / Retained earnings (86,081) (40,188) 49,792
186,689 232,582 322,562
Non-controlling interest (195,777) (195,777) (195,777)
Total Equity (9,088) 36,805 126,785
No. of Shares (‘000) 100,000 100,000 100,000
Net (liability) / asset per Share (RM)(3) (0.09) 0.37 1.27
2021-04-20 10:53
up two cents today. must celebrate, finally it seems to be alive. Anybody know why?????????
2021-06-04 09:35
Anyone have any update on the magistrate ruling on the fraud accusation filing by DAP?
2022-09-19 13:11
with new govt, any news on this company? Still to be kept in ICU or moved to normal ward?
2023-01-11 12:48
睦兴旺获得红土坎海运码头私人有限公司颁发总值1亿6100万令吉的红土坎海运码头扩张工程合约。睦兴旺工程指出，码头扩张工程包括在陆上的基础设施和海上设施，也包括属于岸外设施的开放式码头。
该项工程即将展开，并料在20个月内完成。
2023-11-20 22:21
Fabien _the efficient capital allocator
The Silver Valley Technology Park (SVTP) development in Kanthan is expected to bring in RM14bil foreign direct investment (FDI), says Datuk Seri Saarani Mohamad.
The Perak Mentri Besar said this RM1.03bil project would also create 13,000 new job opportunities for the people of Perak.
Saarani said he was optimistic that the development of SVTP would provide an alternative for Perak-born graduates to return back here to contribute to the state through the job opportunities provided.
“SVTP, which is located in a strategic location between the Kanthan Industrial Park and Meru Raya Town, already has a supporting ecosystem including existing basic facilities which provides an added value in attracting investors.
“To ensure that the SVTP is capable of being a catalyst for the state's industrial development and becoming the country's new industrial hub, aspects of quality and safety will not be compromised,” he said.
Saarani told reporters this on Monday (Jan 8) after witnessing the Joint Venture Agreement ceremony between Perak State Development Corporation, its subsidiary Perak Corp and Advancecon Holdings Berhad on the establishment of the park.
2024-01-08 20:13
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tah16600
Waiting to close shop lol !
2018-08-27 09:21