Biscuits - Foodwww.foodnavigator-asia.com › tag › keyword › Biscuits
Move over Oreos: cheese biscuits' appeal on the rise in China ... 5 COVID-19's crop crisis: Pandemic poses major risk to Asia's food supply and trade - expert ... Lactalis Ingredients | Watch Business Advice FLOWHEY®: new capacity for high ...

:)


Mondelez Sees Spike In Biscuit Demand Due To COVID-19www.pymnts.com › Earnings
As consumers turned to snacks for comfort amid the pandemic, Mondelez International ... The economy is slowly reopening on a changed world where “business ...

19 Apr at 15sen, today 21 may, sudah almost doubled to 29.5 sen... hebat :)

harap sejarah tak berulang, harga syer naik tinggi-tinggi macam dulu dan kemudian menurun macam gpacket baru-baru ini :)

harap ada buyer bagi hwa tai macam munchy lah :)

tak tau, anak largest shareholder dah start beli syer, harap ada berita baik :)

Thursday, 23 Apr 2020

5:22PM HWATAI SOO CHUNG YEE (547,200 units Acquired)


Tuesday, 14 Apr 2020

5:38PM HWATAI SOO CHUNG YEE (55,200 units Acquired)


Thursday, 9 Apr 2020

5:30PM HWATAI SOO CHUNG YEE (46,800 units Acquired)

Hwa tai is worth how much now? Market cap ~ rm22,mil? :)

Look at munchy's founder and family members, after selling hwa tai, then start munchy and sold it to CVC for more than RM1bil. :)

:)


#Entrepreneur* C K Tan, Group CEO, Munchy Food Industries
The Editor
/
TheEdge

October 03, 2010 18:30 pm +08

-A+A
C K Tan, Group CEO, Munchy Food Industries

Nature of business: Biscuit and wafer manufacturingRevenue (2009): RM300 mil (approx)Major export markets: Japan, Singapore, IndonesiaFactories: One (Batu Pahat, Johor)Export markets: 60Your family is affiliated with Hwa Tai Industries – a competitor. Where does Munchy Food Industries fit in?My father founded Hwa Tai but he did an IPO (initial public offering) in 1992 and sold the entire company in 1996. Subsequently it changed hands a few times and now, it’s under the Soo family. Today, we are friendly competitors! My two older brothers started Munchy’s in 1991. I came back from the US in 1994 to join them in the business as export manager because I knew English and had a computer background. At that time, the Internet was just starting to boom. My father had asked me to come back because he figured that if I had worked longer in the US, I might not come back anymore [to Malaysia] so… [laughs] Coming from a family of entrepreneurs, was it easier to start Munchy’s then? I don’t think so. We grew this business from scratch so we had to relearn everything. I would say it took more of common sense and best practices to build the company. As we continued to grow the business, we acquired knowledge to implement in the company.

Must read


https://www.theedgemarkets.com/article/entrepreneur-c-k-tan-group-ceo-munchy-food-industries

Biscuit maker Hwa Tai Industries Bhd's share price had tipped over RM200 a share prior to the 1997 crisis. Hwa Tai closed on Thursday at 45.5 sen.Jul 3, 2010
https://www.thestar.com.my › business
Famous past scandals | The Star

Must read


https://simplywall.st/stocks/my/food-beverage-tobacco/klse-hwatai/hwa-tai-industries-berhad-shares/news/could-hwa-tai-industries-berhads-klsehwatai-investor-composition-influence-the-stock-price/

:)

Rights Issue
HWA TAI INDUSTRIES BERHAD

EX-date

12/03/2015
Entitlement date 16/03/2015
Entitlement time 05:00:00 PM
Entitlement subject Rights Issue
Entitlement description Renounceable rights issue of up to 60,063,600 new ordinary shares of RM0.40 each in Hwa Tai Industries Berhad (“Hwa Tai”) (“Hwa Tai Share(s)”) (“Rights Share(s)”) at an issue price of RM0.40 per Rights Share on the basis of three (3) Rights Shares for every two (2) existing Hwa Tai Shares held at 5.00 p.m. on 16 march 2015, based on a minimum subscription level of 30,031,800 Rights Shares ("Rights Issue")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur

Tel: 603-2264 3883
Fax: 603-2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 16/03/2015
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Ratio
Ratio 3 : 2
Rights Issues/Offer Price 0.4

Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment and the Rights Subscription Form (collectively referred to as the “Documents”) in relation to the Rights Issue will only be despatched to the shareholders whose names appear on the Record of Depositors at 5.00 p.m. on 16 March 2015 (“Entitled Shareholders”).

The Documents will only be sent to the Entitled Shareholders who have a registered address or an address for service in Malaysia. Entitled Shareholders who do not have a registered address or an address for service in Malaysia and who wish to change their address to Malaysia should inform their respective stockbrokers as well as the Share Registrar of Hwa Tai to effect the change of address. Such notification should be done by 5.00 p.m. on 16 March 2015.

The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the entitlement date.

This announcement is dated 2 March 2015.

Don't know to do biz, better sell to others to run biz who are much more capable

Privatise it, memalukan Saja, reporting losses nonstop with zero dividen and decreasing stock price.

Valued it at rm40mil for privatisation, then resell to CVC for rm80mil :)

Tak boleh tahan lagi :)

Dated Feb 10
Rex Industry Bhd sold 600,000 shares in Hwa Tai Industries Bhd and ceased to be a substantial shareholder in the company on Jan 22. While Hwa Tai is a biscuit manufacturer, Rex is involved in the manufacturing of canned food, beverages and confectionery.

Rex first surfaced as a substantial shareholder in Hwa Tai in June 2016 when it acquired 4.2 million shares or 5.61% of the biscuit manufacturer.

In June 2016, Hwa Tai’s share price averaged 53.5 sen but it averaged 30.1 sen in January this year. It is also noteworthy that the company has suffered seven consecutive financial quarters of losses. Last Wednesday, it closed at 33.5 sen, translating into a market value of RM25 million for the company.

Get buyer for hwatai if tak tau buat biz... Takda Dividen Dan share price dropping yearly


Changes in Director's Interest (Section 219 of CA 2016)
HWA TAI INDUSTRIES BERHAD

Information Compiled By KLSE

Particulars of Director
Name DATUK SOO CHUNG YEE
Descriptions(Class) Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of transaction
Nature of Interest
1
21/04/2020
180,000
Acquired
Direct Interest
Name of registered holder Datuk Soo Chung Yee
Description of "Others" Type of Transaction
Consideration (if any) RM0.30 per share (average)
2
22/04/2020
329,200
Acquired
Direct Interest
Name of registered holder Datuk Soo Chung Yee
Description of "Others" Type of Transaction
Consideration (if any) RM0.30 per share (average)
3
23/04/2020
38,000
Acquired
Direct Interest
Name of registered holder Datuk Soo Chung Yee
Description of "Others" Type of Transaction
Consideration (if any) RM0.30 per share (average)

Circumstances by reason of which change has occurred Acquisition through open market
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 649,200
Direct (%) 0.870
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice 23/04/2020
Date notice received by Listed Issuer 23/04/2020


Announcement Info
Company Name HWA TAI INDUSTRIES BERHAD
Stock Name HWATAI
Date Announced 23 Apr 2020

harga saham merosot, setiap tahun, bukan? :) destroying shareholders' value


History - direct biz transactions

Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
04/08/2016 00:00:00 0.5400 - 1.249m 1.249m 674,460 674,460 0.5400 1.6690 -
22/03/2016 00:00:00 0.4300 - 200,000 534,900 86,000 230,007 0.4300 0.2673 -
22/03/2016 00:00:00 0.4300 - 105,000 534,900 45,150 230,007 0.4300 0.1403 -
22/03/2016 00:00:00 0.4300 - 229,900 534,900 98,857 230,007 0.4300 0.3072 -
10/03/2016 00:00:00 0.4500 0.0400 90,500 90,500 40,725 40,725 0.4500 0.1209 -
04/03/2016 00:00:00 0.4300 0.0050 129,900 129,900 55,857 55,857 0.4300 0.1736 -
29/02/2016 00:00:00 0.4300 0.0050 200,000 929,900 86,000 399,857 0.4300 0.2673 -
29/02/2016 00:00:00 0.4300 0.0050 354,900 929,900 152,607 399,857 0.4300 0.4743 -
29/02/2016 00:00:00 0.4300 0.0050 375,000 929,900 161,250 399,857 0.4300 0.5011 -
26/02/2016 00:00:00 0.4300 0.0100 372,400 633,200 160,132 270,972 0.4279 0.4976 -
26/02/2016 00:00:00 0.4250 0.0050 260,800 633,200 110,840 270,972 0.4279 0.3485 -
07/02/2011 16:00:01 0.8200 0.0700 30,000 30,000 24,600 24,600 0.8200 0.0749 Cross Trade
28/07/2010 16:22:13 0.7200 0.0300 80,000 80,000 57,600 57,600 0.7200 0.1998 Cross Trade
13/02/2009 17:05:10 0.4800 - 6,700 6,700 3,216 3,216 0.4800 0.0170 Cross Trade

Summary from 13/02/2009 to 04/08/2016
Highest Price 0.8200 First Occurred on 07/02/2011
Lowest Price 0.4250 First Occurred on 26/02/2016
Highest Volume 1.249m First Occurred on 04/08/2016

cakap saja pandai, takda guna


OUR VISION
We aim to be a leading biscuits and confectionery manufacturer in the region known for its product quality and variety.

OUR COMMITMENT
Hwa Tai is committed in producing the best quality biscuit products for our customers all over the world and creating business opportunities for our partners. We have more than 50 years of manufacturing experience and the ability to manage our entire value chain, from procurement of raw materials to distribution of finished products. From the company's very first beginning, we have recognized that the skilled and dedicated people who work for us are critical to our success. We expect high standards from our staff – a team totally committed to the provision of the highest quality service in the business.

munchy has been sold to CVC for billion ringgit +++ tapi market hwa tai hanya RM22mil now.. bodoh tak, memuji diri sendiri , one of the premier and longest established biscuit manufacturers in Malaysia. Established in 1962

Padan muka!!!!!!!!

Hwa Tai Industries Berhad is one of the premier and longest established biscuit manufacturers in Malaysia. Established in 1962 and listed on the Stock Exchange Malaysia in 1992. Since then, this fast expanding company has grown to be one of the largest players in the biscuits industry in the country and produce a fine, wide range of superior quality biscuits.
It has been successfully marketed domestically and internationally through Hwa Tai’s own vast and comprehensive distribution network. Our biscuits are marketed under the brand name or trademark of "HWA TAI" and "LUXURY".

We take pride in our excellent innovation and high quality products which have firmly entrenched us not only in Malaysia but also in over 50 countries around the world. We are keenly involved in the integrated supply chain of our products, from manufacture to sales to distribution throughout the entire trade channels. Due to our extensive and comprehensive distribution network, we are also carrying products / brands by other principals for the Malaysian market.

Agreed. useless punya top mgmt and major shareholder

@commonsense The company has never been able to deliver any meaningful profit to its shareholder for the past 10 financial years with the highest profit achieved back in FY09 at a profit of RM2mil. For 9m18 the company only managed to record a loss of RM1.6mil to its shareholders. 4Q18 would most probably be another loss quarter for the group.

Even if the company managed to deliver a profit of RM2mil (highest in 10 years) for FY19, at the current price, it would already be valued at around 13x PE. At this valuation, investors would normally expect the company to consistently deliver a similar profit level through out the years which is very unlikely for this company. Based on its 10 years performance, achieving a RM1mil profit is already a very tall order for them (at this profit level company valuation jumps up to 26x PE which is normally what the high growth stocks are trading).

If you are looking to diversify your portfolio outside of Hwa Tai (due to its earnings uncertainties), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.
03/02/2019 8:41 PM

pergi tanya cvc mau beli hwa tai tak? takda guna punya hwa tai top mgmt and largest shareholder.

CVC Asia Fund IV acquires 100% stake in Munchy Food Industries Sdn Bhd
12 Jun 2018

Management team, led by CEO Rodney Wong, personnel and business operating system retained

Munchy Food Industries Sdn Bhd ("MFI") and CVC Capital Partners Asia Fund IV ("CVC Asia IV") today announced that CVC Asia IV has acquired a 100% stake in MFI and its Malaysian subsidiary Munchworld Marketing Sdn Bhd. The acquisition was completed on 8 June 2018. Prior to the acquisition, MFI was 70% held by Double-V Series Sdn Bhd, the holding company owned by the founders of MFI, while fund investor TAP Crunch Sdn Bhd held the remaining 30% stake.

Following the change in ownership, the management team, personnel and business operating system have been fully retained, and are led by Chief Executive Officer ("CEO") Rodney Wong, who has been with the Group since 2014, together with Chief Operating Officer ("COO") Rajan Pillai, who joined the Group in 2012. The board of directors for MFI will comprise of representatives appointed by CVC Asia IV, the CEO and COO.

Founded in 1991, MFI has a distribution reach of over 50 countries and comes with over 25 years' history in the biscuits and confectionery business. Its products include Munchy's, Oat Krunch, Lexus, Muzic and Choc-O. According to Nielsen, Munchy's had a 21.5% share of Peninsular Malaysia's RM1.044 billion biscuit market in 20171.

Mr LK Tan, co-founder of MFI, said: "As a homegrown Malaysian brand, the Munchy team is proud that our hard work and product innovation over 25 years has enabled us to grow into the regional business we are today. There were many offers from potential investors in the past, but CVC's vision for the brand aligned extremely well with our identity. Their global network and experience will be invaluable in growing the Munchy's brand into a global name – with new markets, new technology and new innovations. We are excited to see CVC take the Munchy story into the next phase, becoming a global powerhouse."

Mr Alvin Lim, Managing Director at CVC Capital Partners, added: "This is an exciting opportunity to invest in a leading player with a consistent track record of growth and a highly cash-generative business. Over the years, MFI has built an exceptional platform with proven scalability to meet the demands of the company's growing consumer base. We look forward to working with MFI's management team to help them achieve their strategic plan of driving value over the next few years to further grow the company."

beli balik sedikit syer untuk syiok sendiri :)

Thursday, 23 Apr 2020

5:22PM HWATAI SOO CHUNG YEE (547,200 units Acquired)


Tuesday, 14 Apr 2020

5:38PM HWATAI SOO CHUNG YEE (55,200 units Acquired)


Thursday, 9 Apr 2020

5:30PM HWATAI SOO CHUNG YEE (46,800 units Acquired)

if hwa tai top mgmt tak tau buat biscuit biz, jualkan macam munchy, memalukan saja... dah lama shareholders menunggu, mintak wang melalui right issue, sampai sekarang, tak pakai lagi, bodoh dan malas punya top mgmt.

sell like munchy's owner

CVC Capital close to buying Munchy Group for RM1.1b | The ...www.thestar.com.my › business-news › 2018/04/18 › c...
Apr 18, 2018 - The company makes Munchy's crackers, as well as biscuits and wafers sold under the Lexus, Oat Krunch and Muzic brands that are marketed ...

CVC acquires 100% stake in top homegrown biscuit maker ...www.minimeinsights.com › Food › Biscuits
Jun 16, 2018 - Photo Credit: Munchy. A number of homegrown Malaysian companies have been sold to foreign major corporations and private equity firms in ...

CVC Asia Fund IV acquires 100% stake in Munchy Food ...www.cvc.com › media › press-releases › cvc-asia-fund-...
Jun 12, 2018 - Munchy Food Industries Sdn Bhd ("MFI") and CVC Capital Partners Asia Fund IV ("CVC Asia IV") today announced that CVC Asia IV has ...

:)

Recent Prices
Date Open Range Close Change Volume
20/05/2020 0.285 0.285 - 0.285 0.285 0.00 (0.00%) 127,800
19/05/2020 0.305 0.285 - 0.305 0.285 -0.01 (3.39%) 123,800
18/05/2020 0.285 0.285 - 0.30 0.295 +0.01 (3.51%) 66,700
15/05/2020 0.30 0.285 - 0.30 0.285 -0.005 (1.72%) 109,300
14/05/2020 0.285 0.285 - 0.29 0.29 0.00 (0.00%) 61,200
13/05/2020 0.29 0.29 - 0.295 0.29 0.00 (0.00%) 160,000
12/05/2020 0.295 0.29 - 0.295 0.29 -0.005 (1.69%) 288,000
08/05/2020 0.28 0.28 - 0.295 0.295 +0.005 (1.72%) 1,400
06/05/2020 0.29 0.00 - 0.00 0.29 0.00 (0.00%) 0
05/05/2020 0.295 0.285 - 0.295 0.29 -0.005 (1.69%) 110,800
04/05/2020 0.30 0.295 - 0.30 0.295 -0.005 (1.67%) 80,000
30/04/2020 0.30 0.29 - 0.30 0.30 0.00 (0.00%) 99,500
29/04/2020 0.295 0.295 - 0.30 0.30 +0.005 (1.69%) 13,000
28/04/2020 0.29 0.285 - 0.32 0.295 +0.005 (1.72%) 233,000
27/04/2020 0.305 0.29 - 0.32 0.29 -0.015 (4.92%) 438,000
24/04/2020 0.305 0.30 - 0.305 0.305 0.00 (0.00%) 84,000
23/04/2020 0.315 0.30 - 0.315 0.305 0.00 (0.00%) 1,482,100

munchy was sold at a high price previously... if tak tau buat biz , better sell it like munchy punya owner :)


Business Background
Hwa Tai Industries Bhd operates as an investment holding company, which manufactures biscuits. The company operates through the following segments: Manufacturing and Trading. Its products include crackers, cookies, assorted biscuits, cakes, and cream sandwich and are marketed under the brand name of Hwa Tai and Luxury. Firm’s Manufacturing segment act as an octopus revenue contributor.

any new biz to be announced??? wang right issue dah ambil???? ;)

speculative stock ka? 70% price volatility

52 Weeks Range: 0.15 - 0.35
52 Weeks Price Volatility (%):
70.00%

48sen if doubled to 96sen is already a blessing, dont be greedy wanted RM1.26 one year ago so fast :)

net assets per share ~ RM1.8+, share price 48sen... dirt cheap stock

boustead share price could swing upward crazily after Q1, 2020 if profitable, the new chairman of boustead from pn-umno will get the credit by declaring the dividend if any.

LTAT is also hungry for money from bustead for its army :)

new player new hope

Monday, 23 Mar 2020

6:22PM PRG NG YAN CHENG (28,987,000 units Acquired)

smart ... settle debts via equity + warrant as sweetener

7168 PRG PRG HOLDINGS BERHAD
MULTIPLE PROPOSALS

MULTIPLE PROPOSALSPRG HOLDINGS BERHAD ("PRG" OR "COMPANY")(I) PROPOSED DEBT SETTLEMENT;AND(II) PROPOSED ISSUE OF FREE WARRANTS(COLLECTIVELY REFERRED TO AS THE"PROPOSALS")You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


06/05/2020 07:00 AM


Ref Code: 202005063000218

with its shares in a HK public listed company, timber plantation + cash flow from its sold condo project, should be able to get financing to survive this pandemic, do your study

with new top mgmt team after the lousy ceo resigned less than 1 year in that position, new blood new hope... do your study, prg could bring u few hundred % ROI

the most valuable asset is its shareholdings in a hongkong listed company + timber plantation in kelantan + high end condo project near KLCC, check it out :)

fell from RM1.30 a year ago. now, about 10%+ of previous price level


52 Weeks Range: 0.055 - 1.30
52 Weeks Price Volatility (%):
9.64%
Average Price Target: 1.16
Price Target Upside/Downside: +0.985

new team new hope probably

5:48PM PRG Appointment of NG TZEE PENN As Others

5:48PM PRG Appointment of JI HAITAO As Others

52 Weeks Range: 0.345 - 1.26 tumbled from rm1.26. Bstead is expected to report great improvement in terms of profit for Q1, 2020 fingers crossed


Mplant should be profitable already due to cpo price
pharmaniaga reported higher profit with dividend
bank affin still paying dividend and profitable
bhp petrol station franchisor - essential services - profitable always
etc etc

Hong Kong (CNN) — Amid the global Covid-19 pandemic, people around the world are wondering when life will return to "normal."

The word normal is, of course, relative, but a spate of domestic flight routes slowly opening up in Asia and the Pacific give clues into what the aviation industry could look like in the weeks and months ahead.

China, Vietnam, Malaysia, Thailand and Australia are among the countries set to resume or increase domestic flights as the virus wanes.

Many of these flights are government subsidized and solely for the purpose of transporting cargo. Though some are open to public bookings, others will only issue tickets to emergency personnel or essential workers who need to get around.

Think of these flights as a dress rehearsal for a gradual re-upping of the aviation industry.
Budget carrier AirAsia is one of the airlines ramping up their flight schedule. They restarted domestic flights in Malaysia on April 29 and their affiliates will be adding Thailand (May 1), India (May 4), Indonesia (May 7), and the Philippines (May 16) to their roster barring any government issues.

Indonesia has the world's biggest Muslim population. It just banned holiday travel over Ramadan

Meanwhile, Qantas has resumed some domestic flights between major cities in Australia, with the caveat that these are part of the "minimum domestic and regional network" underwritten by the national government.
"Melbourne to Sydney is the second busiest [air] route in the world," a Qantas spokesman explains. "Normally we do a five flights an hour, and now we're doing seven per week."
Currently, these flights are reserved for emergency personnel and private citizens cannot purchase tickets. But they are keeping planes in the sky and pilots in practice, both of which are important steps toward bringing the airline back to full service.

"These are not commercially viable. We're still way off from unrestricted travel between states in Australia," the spokesman continues, noting that Qantas estimates leisure flights between Australian states will likely resume mid-June.

Airlines are scrambling to understand and implement new coronavirus travel restrictions
In Thailand, some low-cost airlines announced they will resume domestic flights from May 1 following a temporary suspension.

In Vietnam, domestic flights are being run by VietJet, Bamboo Airways and Jetstar. As of April 23, there were 20 flights a day between the country's two largest cities, Hanoi and Ho Chi Minh City.
Social distancing regulations require at least one empty seat between passengers, so none of the flights are operating at full capacity.

According to local media, certain tourist hotspots in Vietnam have received the green light to again welcome domestic visitors. This has much to do with Vietnam's quick response to the coronavirus crisis. The country has only logged 268 infections and zero deaths.

Covid-19: Thailand expects its vaccine ready by next year
Bernama
Published 20 May 2020, 11:10 pm

CORONAVIRUS | Thailand, the first country outside China to report Covid-19 cases, expects to have its own vaccine for the deadly virus by next year.

Would azmin achieve the merger? The announcement should be approaching:)

www.thestar.com.my › business-news › 2020/04/18 › a...
Apr 18, 2020 - He said a possible merger between MAB and AirAsia, a private airline based in Malaysia and operating in multiple countries, was considered ...

AirAsia, Malaysia Airlines merger an option as Covid-19 hits ...www.straitstimes.com › asia › se-asia › airasia-malaysia-...
Apr 17, 2020 - He said a possible merger between MAS and AirAsia, a private airline based in Malaysia and operating in multiple countries, was considered ...

Battle For Survival: Air Asia Could Merge With Malaysia Airlinessimpleflying.com › air-asia-malaysia-airlines-merger
Apr 17, 2020 - AirAsia and Malaysia Airlines could be looking at a merger. ... With most of its planes parked up, struggling MAS is being pushed to the limit.

:)

Osaka - Kansai
Wed, 01 Jul
704 MYR

Tokyo - Haneda
Wed, 01 Jul

Flight promo to Asia and beyond
Seats are limited. Book now before they're all gone.


Langkawi
Tue, 01 Sep
64.30 MYR

Taipei - Taoyuan
Sun, 25 Oct
354 MYR

Seoul - Incheon
Wed, 01 Jul

Flights are coming including malindo :)


Promo Flights
Johor Bahru to Kuala LumpurJohor Bahru Kuala Lumpur May 2020RM 239
Kota Bharu to Kuala Lumpur Kota Bharu Kuala Lumpur May 2020RM 239
Kota Bharu to Kuala Lumpur Kota Bharu Kuala Lumpur June 2020RM 239
Kuala Lumpur to Kota Kinabalu Kuala Lumpur Kota Kinabalu May 2020RM 499
Kuala Lumpur to Kuching Kuala Lumpur Kuching June 2020RM 340
Kuala Lumpur to Johor Bahru Kuala Lumpur Johor Bahru May 2020RM 239
Kuala Lumpur to Kuala Terengganu Kuala Lumpur Kuala Terengganu May 2020RM 239
Kuala Terengganu to Kuala Lumpur Kuala Terengganu Kuala Lumpur June 2020RM 239
Kuching to Kuala Lumpur Kuching Kuala Lumpur June 2020RM 340
Langkawi to Kuala Lumpur Langkawi Kuala Lumpur June 2020RM 148

No action yet :)


5099 AIRASIA AIRASIA GROUP BERHAD
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL BY DIRECTOR IN SECURITIES OF AIRASIA GROUP BERHAD DURING
CLOSED PERIOD
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

17/04/2020 07:00 AM


Ref Code: 202004173000140

AirAsia cargo division must grab whatever opportunity arises :)

KUALA LUMPUR (May 20): This period of uncertainty brought on by the COVID-19 pandemic should be viewed as an opportunity to strengthen the global supply chain systems which the world has relied on so much, said Asia-Pacific Economic Cooperation (APEC) Secretariat executive director Tan Sri Dr Rebecca Sta Maria.

“The COVID-19 pandemic has shown us that global medical supply chains - crucial in the fight against this and future pandemics - may still have vulnerabilities, bottlenecks and integrity issues.

“Many around the world have not been spared shortages of medical equipment, medicines and basic protective equipment,” she said in the APEC Bulletin.

She said although there are predictions about the effects of this pandemic, including whether it will reverse globalisation and erode trust in global supply chains, it is perhaps an opportunity to strengthen it.

“This period of uncertainty should be looked upon as an opportunity to strengthen the systems that we’ve grown to rely on so much over the years and more so now during a crisis,” she said.

This could mean setting clear-cut standards and comprehensive security programmes to build more resilient supply chains that facilitate steady flow of medicine, vaccines, and personal protective equipment, Sta Maria said.

“Done right, these measures will strengthen the credibility and transparency of these supply chains. Positive changes of this sort will go a long way in galvanizing trust in our system, processes and procedures, in so doing have us in a state of preparedness in the event of future health crises.”

APEC, she said, has a number of tools in place that can help economies find such solutions. Specifically, there is an already existing supply chain security toolkit, which sets protocols and serves as a roadmap for the promotion of global medical product quality and supply chain security.

This toolkit, established alongside regulators, industry stakeholders, representatives from non-governmental organisations, international organisations, and academics, aims to maximise the use of public and private partnerships and other available resources, she said.

All in all, the toolkit is intended to cover the entire supply chain and life cycle of medical products.

She said industry, policy makers, and regulators, like the World Health Organisation (WHO), now see the crucial and immediate need to address disruptions to the smooth flow and movement of medical supplies globally, as well as the appearance of illegitimate products.

“The implementation of the APEC supply chain security toolkit can surely make supply chains more secure. This toolkit, relevant as it is, was endorsed in 2017. Clearly there are still gaps that need to be filled and now is the best time to address them,” she said.

APEC, which has 21 members including Malaysia, is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.

Rasa boleh go up today :)

GEORGE TOWN (May 20): The Penang Government has proposed to implement a 'travel bubble' approach between States declared as green zones to help the tourism sector recover.

The concept, which has also been proposed in Australia and New Zealand, is designed to ease into resuming travel and restart tourism industries while adapting to the new normal.

In a statement today, Penang Tourism, Arts, Culture and Heritage Committee chairman Yeoh Soon Hin said the concept was one of the measures studied in efforts to plan ahead once the Federal Government lifts the ban on interstate travel.

"As Penang is currently practising the Gradual Recovery Strategy, this could be a viable solution to begin with, rather than opening all our borders at once and risking transmission again, which will bring us back to square one and bring to waste the efforts to contain the virus which took us months," he said.

He said the gradual and staggered approach would allow safe travel zones between green zones and reopen economies for the tourism sector.

On the other hand, Yeoh said the initial stage of the concept would only be limited to tourist attractions in Penang before expanding into other States.

"We could kick-start the tourism economy gradually, but through constant monitoring of the progress before we proceed, as it is a State priority to ensure that the State remains a green zone before Penang opens its tourism borders to welcome others," he said, adding that the proposed approach will be raised during the upcoming tourism task force meeting.

AirAsia cargo, ok?


A worker transfers cargo boxes to a plane, amid the coronavirus disease (COVID-19) outbreak, in Sepang, Malaysia May 14, 2020.- MAB Kargo/Handout via REUTERS

KUALA LUMPUR: Global demand for safety gear has helped Malaysia's state-owned air cargo carrier MAB Kargo record "impressive" profits since February by exporting products from the world's biggest producer of medical gloves, its CEO said.

MAB Kargo had raised freight rates by as much as 50% in some cases and added capacity on high-demand routes as the coronavirus pandemic also sparked high demand for face masks and medical gowns, Chief Executive Ibrahim Mohamed Salleh told Reuters.

"I can only say profitability has increased noticeably. Whilst I cannot share the numbers, I would say it is impressive," Ibrahim said in a phone interview.

Malaysia's medical glove exports are expected to jump about 32% to 225 billion pieces this year, the government said, while the gloves association said supplies were being urgently air-lifted to Europe, Australia, Canada and America as customers did not want to wait for the usual sea route.

MAB Kargo's jump in performance comes as sister company Malaysia Airlines has been forced to ground most of its planes as the coronavirus pandemic hammered global travel.

The cargo arm typically contributes 10%-15% of group revenue to holding company MalaysiaAviation Group, but has contributed up to 25% in the past few months as demand has increased by as much as 50%, Ibrahim said.

Freight rates have risen by up to 50% since mid-March, and the carrier had converted a few passenger aircraft to move cargoes as well operating its three freighter aircraft in the absence of belly cargo space.

"Rates have risen quite substantially, to the point that it is profitable to operate an A330 passenger aircraft filled with about 20 tonnes of cargo back and forth," he said, referring to the wide-body airliner made by Airbus.

The company also sent another wide-body Airbus A380 passenger plane to London with e-commerce goods from Guangzhou last month. - Reuters