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2018-12-26 02:35 | Report Abuse
Weak property sales cloud WCT’s earnings outlook
Read more at https://www.thestar.com.my/business/business-news/2018/12/25/weak-property-sales-cloud-wcts-earnings-outlook/#XDGMiqO6Rt1mgfqe.99
2018-12-26 02:34 | Report Abuse
Can WCT sell property division to Desmond Lim other company Malton? Let WCT concentrate more on construction and property investment business.
2018-12-26 02:25 | Report Abuse
KUCHING: Shipping firm Hubline Bhd has proposed to acquire a majority stake in an aircraft company for about RM14.2mil.
Hubline entered into a shares sale agreement with vendors of Layang Layang Aerospace Sdn Bhd (Layang Layang) to acquire a 51% equity interest in the aircraft company last Friday.
The vendors are Dayang Majanga @ Mondongi and Johan Poong Abdullah.
Layang Layang Aerospace’s principal activity is aircraft chartering, cargo transportation, aircraft repairing and spare parts’ supplying.
Separately, Hubline had entered into a guarantee agreement with the vendors that the existing and identified businesses of the Layang Layang group would generate a net profit of not less than RM10.5mil, with a minimum of RM3mil for any one year for the financial years ending Dec 31, 2019, 2020 and 2021 or its equivalent 36 months after taking into account the intended change of financial year to Sept 30 to be co-terminus with Hubline’s financial year.
Layang Layang group currently owns a fleet of seven helicopters and four fixed wing aircraft.
The firm charter in a further six helicopters and one aircraft which it manages on a full-time basis, bringing the total number of helicopters and aircraft under management to 13 and five respectively.
“Where there is greater demand for additional helicopters for specific events, they have pre-established networks that allow them to charter additional aircraft from various other helicopter owners,” said Hubline.
The group is involved in the provision of flying doctor service, emergency medical services, search and rescue missions, aerial sightseeing and aerial survey, mapping and photography, helicopter and aircraft training as well as training for both private and commercial pilot licences.
The operation bases where Layang Layang group has hangers are located in Miri, Kuching, Sibu and Kota Kinabalu. The group also has refuelling stations in various smaller towns.
According to Hubline, Layang Layang Aerospace holds an 80% equity interest in Layang Layang Flying Academy Sdn Bhd, whose principal activity is helicopter and airplane pilot training.
“The proposed acquisition of Layang Layang is in line with Hubline’s business expansion plan to increase our revenue base and this business complements our current line of business,” said Hubline, a logistic company currently concentrating in dry bulk shipping activities.
Hubline pointed out that the proposed acquisition of Layang Layang was expected to broaden the group’s revenue into air logistics and other areas of aviation, with the expectation of generating positive earnings for the group.
Read more at https://www.thestar.com.my/business/business-news/2018/12/25/hubline-plans-to-buy-majority-stake-in-aircraft-firm-for-rm142mil/#rvuWoEltbpZ0cLLs.99
2018-12-26 02:08 | Report Abuse
Hubline plans to buy majority stake in aircraft firm for RM14.2mil
Read more at https://www.thestar.com.my/business/business-news/2018/12/25/hubline-plans-to-buy-majority-stake-in-aircraft-firm-for-rm142mil/#rvuWoEltbpZ0cLLs.99
2018-12-25 04:05 | Report Abuse
Why not Dr Alex be pilot?
Alex™ wah, director also jump ah....then the ship is autopilot now? habi lo....
24/12/2018 23:10
2018-12-25 04:03 | Report Abuse
OMV deal done even oil price drop is good news.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6016705
2018-12-25 03:44 | Report Abuse
Plant more rubber due to glove demand is it OK?
2018-12-25 03:29 | Report Abuse
Possible. DJ and Nasdaq big drop.
Posted by starfish88 > Dec 21, 2018 01:32 PM | Report Abuse
can hold above 1.00? If can't then maybe will drop more..
2018-12-25 03:08 | Report Abuse
Yesterday when go out eating many still smoking in eatery even ban enforcement will start in 1 week. Even hawker centre not aware?
2018-12-25 03:04 | Report Abuse
Scared Pribumi Health Minister spoil govn plan ban smoking. If w/o BAT tax income need GST?
2018-12-25 03:00 | Report Abuse
The resigned CFO is lousy and buta gaji. W/o him Parkson better off.
Stock: [PARKSON]: PARKSON HOLDINGS BHD
Nov 21, 2018 11:48 AM | Report Abuse
I hope PHB declare dividen too. PRGL operation improve, but why the income tax rate up too fast ?
2018-12-25 02:55 | Report Abuse
Company loss still pay tax. Why previous CFO so lousy?
2018-12-25 02:43 | Report Abuse
Those think Sap another Velesto. Velesto got boss like SS?
2018-12-25 02:38 | Report Abuse
On what basis ex-date must left 25 sen? You want to scare people here sell cheap?
Kuching
Aiyo spinninglotus taikor...can I ask a question...if ex date left 25sen....how to earn if OR is less than 5sen....you still earn.....what do you expect the price after ex RI date..and what is the OR price trading range during the 5 days .....will it better to.....to buy after RI at 25sen.....or...dun buy at all is better...aiyoyo?.kikiki
https://www.youtube.com/watch?v=3ANzbebdalg
24/12/2018 18:48
2018-12-25 02:36 | Report Abuse
SS want to apply excess RI >RM 20.5 million.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6016941
2018-12-25 02:32 | Report Abuse
Why after RI ex-date go up? To entice more subscribe RI?
2018-12-25 02:18 | Report Abuse
kelvin17 Tenaga bought before is good investment but looked like sold at wrong timing.
kelvin17 so look like they have aborted Zouk deal but still no announcement . This hotel investment may not be good also look at the share price you know la . right issue money dont know where to put
24/12/2018 11:29
2018-12-25 01:21 | Report Abuse
HLG IB analyst gaji buta? Why TP 53 sen never reach?
2018-12-24 12:34 | Report Abuse
ds I admit my English not good bec brought up in Malay school. Everything behind got meaning are my reasoning.
2018-12-24 12:30 | Report Abuse
Why PNB want to own 40% Sap at the same time sell Maybank shares? Not Sap debts most is owe to Maybank?
2018-12-24 12:24 | Report Abuse
PNB when become 40% Sap owner got power to cut Shahril salary?
2018-12-24 12:21 | Report Abuse
Perhaps after RI and disposal to OMV complete Shahril can consider giving dividend? Then EPF can comeback?
2018-12-24 12:08 | Report Abuse
RI response bad so PNB can hoot more is good. They can hold Sap 1-2 years not bilis.
2018-12-24 11:34 | Report Abuse
Sarawak not bound by smoking ban at eateries - state minister
https://www.malaysiakini.com/news/457482
2018-12-24 11:31 | Report Abuse
Tun M if ban smoking now reduce tax from oil plunge who must pay? Tun M?
2018-12-24 11:30 | Report Abuse
Oil now drop below Budget 2019 price so tax from cigarette even more important to PH govn?
2018-12-24 11:26 | Report Abuse
Smoking is human rights. Why nobody propose Health Minister Dzulkefly(Waytha Moorthy and Maszlee among those proposed) to resign?
2018-12-24 11:13 | Report Abuse
CPO no up how to improve FGV cash flow? Unless we good again with China like during BN days. PH no need to follow BN 100% just modify here and there.
2018-12-24 10:49 | Report Abuse
In this world we need each other. We need China to buy our CPO(if not now price not good) what's wrong using their contractor?
2018-12-24 10:29 | Report Abuse
This system BN introduced. Will PH follow?
2018-12-24 10:22 | Report Abuse
CPO must go up so M'sia must back China projects ie China buy our CPO and we use their projects?
2018-12-24 10:18 | Report Abuse
Troublesome PH govn. Are they for 1 term?
2018-12-24 10:01 | Report Abuse
Sap also got Sarawak directors so will they happy to vote(join) PH when now share price worse under PH?
2018-12-24 09:58 | Report Abuse
At least I see Sarawak state election next to come. You'll complain PH so Sarawak voters the 1 first to decide.
2018-12-24 09:55 | Report Abuse
BuahCiku you pukul Hubline nobody dare to talk there even no1 volume.
2018-12-24 09:37 | Report Abuse
Penang123 where are you? Why you never hit back Sap haters?
2018-12-24 09:33 | Report Abuse
Pg support PH so Penang projects must give priority.
2018-12-24 09:32 | Report Abuse
Kelantan, Terengganu never join PH so how can support ECRL.?
2018-12-24 09:28 | Report Abuse
Not ECRL back but Penang Undersea Tunnel must go on.
2018-12-24 09:19 | Report Abuse
Sarawak says it’s not bound by smoking ban
https://www.freemalaysiatoday.com/category/nation/2018/12/23/sarawak-says-its-not-bound-by-smoking-ban/
2018-12-24 09:12 | Report Abuse
PH cut so many projects but Penang Undersea Tunnel project must go ahead?
2018-12-24 03:38 | Report Abuse
FGV IPO RM 4.55 how can offer 1.2? At least 2.5-3 otherwise what for FS voted to change govn?
2018-12-24 03:34 | Report Abuse
Even Felda Settlers want FGV to be privatised. How much govn(Felda) must offer? Can borrow money from EPF/KWAP?
https://www.sinarharian.com.my/article/3656/BERITA/Nasional/Nyahkan-FGV-dari-Bursa-Malaysia
2018-12-24 03:24 | Report Abuse
Penang Undersea Tunnel project next?
2018-12-24 03:22 | Report Abuse
The highlight of the DAP delegation’s visit to China was undoubtedly the crossing of the six-lane Hong Kong-Zhuhai-Macau Bridge – a 55km bridge–tunnel system which is both the longest sea crossing and the longest fixed link on the planet.
“In our briefing, we were informed that the Hong Kong-Zhuhai-Macau Bridge (HZMB) was designed to last for 120 years and built with a cost of 126.9 billion yuan (US$18.77 billion, RM78.5 billion),” Lim said.
“The cost of constructing the Main Bridge was estimated at 51.1 billion yuan (US$7.56 billion) funded by bank loans and shared among the governments of China, Hong Kong and Macau.”
https://www.thesundaily.my/local/kit-siang-change-to-school-syllabus-our-greatest-challenge-in-2019-YE305098
2018-12-24 03:03 | Report Abuse
Parkson Retail Asia CEO Michael Remsen resigns
https://www.theedgemarkets.com/article/parkson-retail-asia-ceo-michael-remsen-resigns
Stock: [NAIM]: NAIM HOLDINGS BHD
2018-12-26 02:47 | Report Abuse
Important Relevant Dates for Renounceable Rights
NAIM HOLDINGS BERHAD
Title/Description Renounceable rights issue of up to 355,416,000 new ordinary shares in Naim Holdings Berhad ("Naim") ("Rights Shares") at the issue price of RM0.45 per Rights Share, on the basis of three (3) Rights Shares for every two (2) existing ordinary shares in Naim ("Naim Shares" or "Shares") held by the entitled shareholders as at 5.00 p.m. on 24 December 2018 ("Rights Issue")
Despatch date 27 Dec 2018
Date for commencement of trading of rights 26 Dec 2018
Date for cessation of trading of rights 04 Jan 2019
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 17 Jan 2019
Listing Date of the Rights Securities 25 Jan 2019
Last date and time for Date Time
Sale of provisional allotment of rights 03 Jan 2019
at
05:00:00 PM
Transfer of provisional allotment of rights 08 Jan 2019
at
04:00:00 PM
Acceptance and payment 11 Jan 2019
at
05:00:00 PM
Excess share application and payment 11 Jan 2019
at
05:00:00 PM
Rights Securities will be listed and quoted as the existing securities of the same class Yes
Other important dates as the listed issuer may deem appropriate
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6002393