Forget about smart city. Metronic should invest in glove or face mask business. Cash cow business in this Global pandemic. Many face mask company are not listed. Just take over them.

Malaysia,s 3rd national car prototype ready... Any takers?

If they can close the deal with Huawei cloud, better still

If the govt bring back GST at 4%. And abolish the silly SST of 6% , the rakyat will feel the immediate impact to their cost of living. More will support this govt. less burden to rakyat and govt will be able to increase their revenue slightly. That is the correct way to go.

New education minister sounds like reasonable guy. Why dont edu approach him and sell the idea of "school from home".? Using the Google platform. Now everyone practises work from home. Its a fantastic opportunity for edu to to this now with the virus getting pandemic.

What about towkay LKL? In this new govt so much to look forward to...5G, smart car, etc. BOD fighting is not good for anyone.

With the virus, schools need not shut. Log in to smart learning from home. This is the way smart education need to be emphasised.

Smart city?. Smart car?

Edu must do presentation to new Education minister. Then invite him for opening ceremony next week

If PM is also Education minister , will EDu limit up? It will be good as he has lot of experience before during BN days.

Mtronic to do flying car??

Faizal. What does all these mean?

Ya. Boss takde lagi, undur la

Thlim... Yes . Hostile takeover is possible. Buy out all the warrants and take out mother at 2s. AOF now only control 500m shares assume not sold in market.

All political appointees should resign from the BOD for the sake of the company.

PH crony co Opcom will be definitely out. Metronic stands a good chance to tender..

All previous PH projects willbe relooked again...fibernisation project . New companies will be given a chance.

Another 2.4 billion shares to go..

EDU need strong theme park partner to survive. Looking at STEM center at Starling, poor thing. Maybe LEOLAND shd be thie partner. Then BOOM!

STEM outlet opened in Starling last month. Very quiet. No kids ..

Diam2 settlement.?

Monday 3Feb case hearing.

Last QR rm15m before tax. So vs IHH, it may be small but 15s is too cheap. Lots of upside

PETALING JAYA: Former poultry producer, Sinmah Capital Bhd (SMCap), has earmarked RM100 million to build a hospital in Nilai as it makes its maiden venture into the healthcare sector.

The company, via 70%-owned unit Sinmah Amegajaya Healthcare Sdn Bhd (SAH), inked a deal to acquire a piece of property in Nilai for RM27 million, and plans to redevelop it into Malaysia’s first full-service ‘Integrated Public-Private University Hospital’ (IPPUH).

Speaking to reporters after the signing ceremony, SMCap's managing director, Datuk Fong Kok Yong, said construction would be completed in 28 months from March, and that the money would be raised via internally-generated funds and bank borrowings.

The company is also looking at a sukuk issuance of a couple of tranches to raise RM500 million to fund the development of a number of hospitals, Fong said, with the first tranche of RM200 million to be issued this year.

Even so, raising such amounts could prove daunting for SMCap, formerly known as Farm’s Best Bhd, given its soft financial and share price performances.

The loss-making company closed one sen, or 7.14%, lower to 13 sen yesterday, valuing it at RM7.94 million. Over the past year, the counter has lost a massive 66.1% of its worth.

SMCap divested its poultry business in 2017, after which it teamed up with Amegajaya Medical Planning Group (AMP) to set up SAH, the developer of the 200-bed IPPUH in Nilai.

“The Nilai hospital will chart many firsts including offering multi-tier services that meet the needs of different market segments and the setting up of the country’s first integrated Centre of Excellence for Autism & Geriatric Care.

“Our first IPPUH will provide a blueprint for SMCap’s future investments in the healthcare sector,” Fong said.

Universiti Teknologi MARA would be the clinical partner in operating the Nilai IPPUH.

The IPPUH will provide a platform for the government to introduce healthcare insurance which is crucial for the Bottom 40 group, he said, adding that the company is also collaborating with some local insurance companies to help shape efficient healthcare economics.

He expects the hospital to break even in four to five years after it is operational, but said it would also depend on public acceptance.

He also said the company aims to build a minimum of 20 to 25 IPPUHs over the next decade in a number of states including Negeri Sembilan, Malacca, Selangor, Perak and Kedah.

Fong said SMCap is looking to develop a hospital in Cheng, Malacca within the next few months, and establish a nursing school next to the hospital. It has allocated RM200 million in capital expenditure for this development. Although some of the funds would be internally generated, it would also leverage bank borrowings and islamic debt papers.

PETALING JAYA: Former poultry producer, Sinmah Capital Bhd (SMCap), has earmarked RM100 million to build a hospital in Nilai as it makes its maiden venture into the healthcare sector.

The company, via 70%-owned unit Sinmah Amegajaya Healthcare Sdn Bhd (SAH), inked a deal to acquire a piece of property in Nilai for RM27 million, and plans to redevelop it into Malaysia’s first full-service ‘Integrated Public-Private University Hospital’ (IPPUH).

Speaking to reporters after the signing ceremony, SMCap's managing director, Datuk Fong Kok Yong, said construction would be completed in 28 months from March, and that the money would be raised via internally-generated funds and bank borrowings.

Sinmah cap biz is similar to LKL health business. Nobody notice it and the giant will awaken anytime.

China to order hospital beds from Malaysia?

Masks out of stock and that is only domestic. The world needs more gloves. Glove makers big or small will be in demand

This year no jam on PLUS highways, thanks to WCE. Toll may be coming..

The next PLUS. Khazanah and EPF could be eyeing a stake.

Buy only glove companies, healthcare sectors only...everything else sell

Hidden gem...provides healthcare services and hospital beds. Tomorrow everyone will be chasing!!

Dataprep will get 5G fibernization project soon??

Tan Sri LKY is a businessman with proven track record. He will take Medtronic to greater heights. It will not be 4.5sen anymore..

Towkay kasi new year present to Medtronic. Feb 3 high court case. Jangan main2 with towkay.

Total RCPS conversion is 3 BILLION shares. Now only beginning... Convert sampai mati...

SELL!! RUNNN!! Bad QR coming??

The whole world uses STEM . What’s the big deal?

There is 410m warrants outstanding. Whoever can buy and convert this will be the winner.

Towkay beli Semua warrant, convert, menang. :)

Towkay boleh menang ke?

Good luck

Rm60m = 600million RCPS = 3billion shares.

Sell the wb and mother share and take back your money while you can. By the time the RCPS are fully converted, the mother share will baloon to 4.1 billion shares. If the warrants are fully converte, it will become 4.6 billion shares....

The case will be heard on 3/2/20. AGM will proceed only on Agenda 1. All other agendas in the adjourned AGM pending case hearing. Pls read announcement 22/11/19.

The High court case will be on 19/11/19 on Tuesday.

What if court only award 90m.?

Will test all time low at 26s. Coming soon!

Cashflow tight. Cannot pay salaries.? Soon pn17.?

With the selling of Mykads to foreigners, threat of terrorism, SKIN is needed badly and immediately to counter these threats. Immigration dept need SKIN urgently.