KUALA LUMPUR: In view of the current trying time, the Securities Commission Malaysia (SC) chairman Datuk Syed Zaid Albar announced that Bursa Malaysia will temporarily suspend Practice Note 17 (PN17) or Guidance Note 3 (GN3) classification on companies which financial positions slip into the status.

“We have already allowed PN17 and GN3 companies up to 24 months to regularise their financials.

“So, moving forward, in addition to this, after a discussion with Bursa, Bursa will provide companies listed on the Main Market, temporary relief from the PN17 classification in relation to certain criteria,” said Syed Zaid. The temporary relief also applied to GN3 for ACE Market-listed companies.

Currently, there are 25 Main Market-listed PN17 companies and three GN3 companies on ACE Market which need to regularise their financial positions.

https://www.theedgemarkets.com/article/bursa-temporarily-suspend-pn17-and-gn3-classifications

why this johnchew keep on spamming rubbish here?

i saw a block at 17c

i saw SCOMIES 17c got a big block, wonder who is queuing there

KUALA LUMPUR: Seacera Group Bhd, via subsidiary Seacera Polymer Sdn Bhd, has bagged the exclusive right from XiDeLang Holdings Ltd to resell and distribute protective clothing products in Malaysia.

Under the distribution agreement, XiDeLang said Seacera would have an irrevocable, non-transferable, exclusive right and licence to distribute its protective clothing products.

However, no franchise is granted and Seacera has the full right to decide on the methods of marketing, pricing, naming, packaging, labelling and advertising, and the terms and conditions of any sale.

XiDeLang managing director and chief executive officer Ding PengPeng said its protective clothing products were classified as personal protective equipment (PPE) in the protective equipment industry.

He said the global protective clothing market size was projected to reach US$11.9 billion by 2024 from US$8.8 billion in 2019, at a compound annual growth rate of 6.3 per cent.

"The World Health Organisation (WHO) has warned that severe and mounting disruption to the global supply of PPE caused by rising demand, panic buying, hoarding and misuse – is putting lives at risk from the new coronavirus and other infectious diseases," he said in a joint-statement to Bursa Malaysia today.

He said XiDeLang was responding to WHO's calls on industries and governments to increase manufacturing by 40 per cent to meet rising global demand.

"Today, we have finally formalised our dealing with this agreement and granted Seacera the exclusive right to sell and distribute our protective clothing products for resale purposes in the fight against Covid-19 pandemic," he added.

Ding said XiDeLang would work hard to reduce the world shortage of these PPEs with its new production lines.

Seacera Group chief executive officer Zulkarnin Ariffin said prices of all PPE had surged since the start of the Covid-19 outbreak.

He added that supplies for some PPE products can take months to deliver and market manipulation is widespread, with stocks frequently sold to the highest bidder.

"We're grateful that XiDeLang supplies us with these high-in-demand protective clothing products at a reasonable price during these critical months since the outbreak of Covid19 pandemic," he said.

Zulkarnin said Seacera could help to fulfil the shortage of the products among the front-liners of Malaysian hospitals and laboratories.

"Healthcare workers rely on personal protective equipment to protect themselves and their patients from being infected and infecting others.

"Any shortage of these PPE would leave doctors, nurses and other frontline workers dangerously ill-equipped to care for Covid-19 patients, due to limited access to such supplies. Without secured supply chains, the risk to healthcare workers around the world is real.

"We cannot stop Covid-19 without protecting healthcare first. Our next plan is to capitalise on the Trade War between US and China.

"If the market conditions continue to be favourable, we may start our own production lines in Malaysia to export these PPE to United States and other countries which are badly hit by Covid-19," added Zulkarnin.

i keep this in my watch list first

DSONIC is out already, DSONIC is pro-MAHATHIR, u see murki already kicked out from KEDAH MB

i suspect the private placement is to someone big behind

REPLYING to Chuah3434

I heard DSONIC failed to get , DSONIC director keeps on going to investment seminar to blow that they get, but never show prove.

Actually I not sure what is inside this counter, can someone share me the story?

I don't have this counter, but i will monitor for learning purpose

dsonic chart formed a doji on Friday 15 May, should be heading down soon

it is 9.45 cent not 8.5c, don't simply blow

The Issue Price represents a discount of approximately 9.5% to the 5-day WAMP of the Shares up to and including 14 May 2020, being the last full trading day immediately prior to the Price Fixing Date, of RM0.0945 per Share.

dsonic director kept on going to investment banks' seminar blow to the investors they get the IIS project, which is a total lie

DSONIC's director is lying, they did not get the IIS project. DSONIC is pro-TUN MAHATHIR one, now confirmed gg

https://www.orientaldaily.com.my/news/nation/2020/05/16/340990?fbclid=IwAR3ZumUZKapu0zRp-WOXT8YKun1-oL2h2rZnnFNTJppW6d5S_YVxAoZQ-SU

Calvin, what price can enter now?

Hand sanitizer and cleaning products are in extremely high demand around the world due to the COVID-19 pandemic, and that means the need for key components such as isopropyl alcohol is also reaching new heights. Hand sanitizers use either ethanol or isopropyl alcohol as the primary ingredient, and both are becoming increasingly hard to obtain. Chemical companies are reconfiguring plants and opening new ones in order to increase supply, but they’re still having a hard time keeping up with demand. Adding to the challenge are factors such as regulations, production capacity, tariffs, and government restrictions. Both governments and manufacturers will need to find ways to make this essential ingredient more readily available.

https://blog.technavio.com/blog/hand-sanitizer-demand-impacting-isopropyl-alcohol

How Surging Hand Sanitizer Demand is Impacting the Global Isopropyl Alcohol Supply

https://blog.technavio.com/blog/hand-sanitizer-demand-impacting-isopropyl-alcohol

Nylex shall be continue to up like HEXZA

Net assets per share = RM 1.87

Positive cash flow of RM 84,592,000

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3017662

today a lot of counters such as LKL, CAREPLS, HLT sold down from top. Despite that NYLEX still able to sustain above 80c and closed at 82c considered quite good already. This NYLEX share issued only 194 mil and very light, which is lesser than HEXZA also.

It is quite reasonable to give a fair value of RM 1, given the reasons:

Increase demand of ethanol, which used for pharmaceutical and sanitizers, especially during the outbreak of COVID-19

i just back from overseas, why u all quarreled ?

i think waiting at 25c is a good choice too.

Kuala Terengganu Bypass project started to have revenue come in already.

***

From QR:

The precast concrete division recorded higher revenue and operating profit as compared to preceding quarter. This was mainly contributed by Kuala Terengganu Bypass project which recorded higher percentage of completion.

***

From Dura's corporate website:

http://www.dura.com.my/on-going-projects/219-duraatech
Project: To Construct Jalan Terengganu By-Pass, Kuala Terengganu, Terengganu Darul Iman (Bridge ST3)
GPS Location: 5.304631 N, 103.124018 E
Structure Type: Five Spans 38m by 11.5m Wide (Left & Right) Composite Bridge System.
Superstructure Feature: 20 pieces of DURA® UBG2000-38m with Cast In-Situ RC Deck

***

From UTUSAN:

KUALA TERENGGANU 24 Feb. - Projek Kuala Terengganu Bypass dengan kos RM321 juta yang dijangka siap pada awal 2019 dapat membantu meredakan kesesakan aliran di sekitar kawasan bandar raya ini.

Menteri Kerja Raya Datuk Seri Fadillah Yusof berkata, pembinaan laluan dari Simpang Tok Molor, Jalan Tok Adis ke Kampung Durian Burung itu sekali gus akan mempercepatkan perjalanan dari Kuantan ke Kota Bharu dan sebaliknya

“Skop projek termasuklah jalan baharu empat lorong sepanjang 5.875 kilometer dengan piawai reka bentuk U5 diikuti empat jejambat, dua buah vehicular box culvert (VBC) serta pemasangan lampu jalan dan lampu isyarat.

Artikel Penuh: http://www.utusan.com.my/berita/wilayah/terengganu/kuala-terengganu-bypass-dijangka-siap-2019-1.448579#ixzz50AKsyQ1Y
© Utusan Melayu (M) Bhd

http://www.dura.com.my/latest-news/225-dtbbb

Technical Visit to Dura Factory by JKR MALAYSIA , KKR, JPM, and MOF
Published on Tuesday, 14 November 2017 16:01 | Written by DTSB | Print | Email | Hits: 339

07Public Works Department (JKR) Malaysia , Ministry of Public Works (KKR), Prime Minister’s Department (JPM), and Ministry of Finance (MOF) were attend the technical visit program to the factory in Chemor, Perak Darul Ridzuan .

On 13th November 2017, it is indeed a gratifying moment as Ir. Abd. Rahman bin Salleh from JKR and also Yang Berbahagia Dato’ Razali bin Mohamad from MOF visited Dura Technology’s factory. Subsequently, they were given a short presentation on Dura products by Prof. Ir. Dr Voo Yen Lei for sharing the knowledge about UHPFRC to participants at the Wilson Hall. During the presentation, a demonstration on the flexibility of UHPFRC was shown through a simple experiment with 10 average men standing on a 50mm thick, 5.5m long plank without even cracking or breaking it, and with much more enthusiasm, the plank went back to its original point even after it has been deflected with a midspan deflection.

Following that, the demonstration of the sand type used in production has been showed by Prof. Ir. Dr. Voo. The eager participants were then brought out to tour the manufacturing plant and was shown some other materials used during mixing of UHPFRC to give the participants an opportunity to experience the material itself. Engineers were in awe as they saw the flowability and the described characteristics in the presentation all come to real in the casting process.

After this came the other demonstration; the casting of DURA IB650-18m. The honourable guest and participants were impressed by the possibilities and capability of this material. Deputy Director of State Budget from MOF believe that this material is able to bring Malaysia to a higher level in constructions in the world and is able to put Malaysia as a leading country in using this material. It is truly an eye opening sessions for the guests and participants. Though it was drizzling at almost the end of sessions but it was all worth it.

1 . they expanding the Dura's manufacturing factory to increase capacity.

2. no more impairment loss from property and timber sections.

3. successfully turning loss into profit in current quarter, so i expect the future quarters will positive as well. Is a good start !!!!

4. company is focusing on Dura (profit making business)

5. Visit of MOF and JPM at Dura's factory make me curious, are they having "something", who knows?


I will buy somemore this Monday, ytd i queue 30c also didn't get, queue too late, aiya.....

Quote from current QR:

"The Group’s precast concrete division which own “DURA” trademark based on Ultra-High Performance 'ductile Concrete (”UHPdC”) technology is getting more recognition and enquiries from local and oversea customers. The Group plans to expand its manufacturing capacity by setting up a new production line with estimation costs of RM8 million in order to fulfil the expected increase in demand of UHPdC in 2018. At the meantimes, the Group plans to expand the precast concrete geographically by venturing into oversea market like Singapore, Vietnam, Australia and Canada."

it is quite unusual

what the reason MOF and JPM visit dura? any clue?

curious why MOF and JPM visit dura, i don't think just come to drink tea

I personally think 2018 should be good for leweko, my 2 cents

i still holding a lot of LEWEKO, should i sell or buy more?

any idea how the coming QR?

the coming QR when will release?

i just back from China, what happen to leweko now? anyone can help analyze on the company financial?

i saw an idiot cut leweko wb at 15c-16c

maybe is today, coz today is my birthday

I notice that today warrant got some movement

should be soon

from my experience, usually buy aT market bad TIME will profit in future.

I did the same in past couples of years (sorry typo from previous comment)

from my experience, usually buy a market bad thing will profit in future.

I did the same in past couples of years

I think some long term holder is selling/cutting.

seems like can re-enter back now. price is tempting

I found a recent news on LEWEKO

http://www.theedgemarkets.com/article/science-innovation-bridging-gaps-madeinmalaysia-uhpc

cut please , hahaha

u all still holding? good luck

Fly kites I guess..... I have already disposed all at high price, sayornara

can give me more details? why today up? got any annoucement?

i just back from overseas , what happen yesterday?

await coming announcement

i believe those stuck higher already cut

how come can lose that much? syndicate pump above 20c and disposed?

wtf gone case liao