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2016-03-05 10:36 | Report Abuse
Wait lah for contract. Abuse shareholders money bribe big big already like always why so nervous leak news insider trading? Chong P K really pu kai soon cannot wait?
2016-03-05 10:33 | Report Abuse
Here is pu kai chong style:
ChongPuKai Chong ket pen who? Not pants down already sheet. Lol lol lol. Wait lar few days when gets it. So fast want to wash your name with all crime and blood.
ZiPatChong speakup http://www.bursamalaysia.com/market/listed-companies/company-announcements/5011593
Reference is made to the article in “The Edge” dated 25 February 2016 titled “Protasco gets renewal of road maintenance concession for 10 years”. Protasco Berhad (“Protasco” or “Company”) wishes to clarify that the Company had todate yet to receive any written confirmation on the decision of the Government.
Protasco will make immediate announcement upon receipt of the decision of the Government.
26/02/2016 14:19
Protasco gets renewal of road maintenance concession for 10 years
By Liew Jia Teng & Danial Idraki / The Edge Financial Daily | February 25, 2016 : 9:58 AM MYT
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Translated by Google Translator:
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This article first appeared in The Edge Financial Daily, on February 25, 2016.
KUALA LUMPUR: Protasco Bhd’s Federal Road Maintenance (FRM) concession, which expires this month, has been extended for 10 years, according to sources.
Sources told The Edge Financial Daily that the FRM concession, covering 7,000km of roads in Terengganu, Kelantan, Selangor and Pahang, is expected to contribute a recurring income of up to RM250 million annually for the next 10 years.
“The routine maintenance work will contribute a recurring income of RM130 million a year, while the periodic maintenance and emergency works will bring in additional RM100 million to RM120 million every year, depending on the actual work being carried out,” a source familiar with the concession said.
It is learnt that the concession renewal has been given to Roadcare (M) Sdn Bhd, the maintenance unit of Protasco. The concession is slated to expire in February 2026.
Meanwhile, sources said Protasco is also likely to receive a contract extension to undertake routine and periodic maintenance works for the state roads in Terengganu for the next seven years.
Previously, Permint Granite-HCM Sdn Bhd, another unit of Protasco, had been awarded a seven-year contract worth RM188 million, which will be expiring in July this year.
Yesterday, Protasco announced a net profit of RM20.2 million for the fourth quarter of financial year 2015 (FY15) ended Dec 31, 2015, compared to a net loss of RM4.07 million a year ago, mainly driven by its construction segment.
Quarterly revenue inched up 15.7% to RM455.89 million from RM393.91 million, with improvements marked by contributions from it maintenance, construction and property development segments.
For the full FY15, net profit stood at RM66.24 million, compared to a net loss of RM46.44 million a year before. Revenue, meanwhile, was 21.7% higher at RM1.29 billion from RM1.06 billion in FY14.
Protasco expects to maintain its performance despite signs of economic weakness globally, and the challenges expected for the construction and property development industries.
“We expect to see the construction division continue to contribute positively to the bottom line with the award of Phase 2 of [the] Perumahan Penjawat Awam 1Malaysia project,” executive vice-chairman and group managing director Datuk Seri Chong Ket Pen said in a separate statement.
2016-03-05 10:30 | Report Abuse
Kenny chong can pedict future. His father will die earlier than him. Lol lol lol
2016-03-04 22:29 | Report Abuse
Where kenny chong pu kai father siphon out money, the father will not tell the pu kai son lah. Ask his father will cause sudden heart attack. Say also die not say also die. Dead end kenny cannot say!
2016-03-04 22:25 | Report Abuse
Now this is hide pu kai chong.
Recap of criminal.
Chong ket pen who? Not pants down yet already pee on his undy. Lol lol lol. Wait lar few days when gets it. So fast wants to wash your name with all crime and blood. So easy? Dreaming.
ZiPatChong speakup http://www.bursamalaysia.com/market/listed-companies/company-announcements/5011593
Reference is made to the article in “The Edge” dated 25 February 2016 titled “Protasco gets renewal of road maintenance concession for 10 years”. Protasco Berhad (“Protasco” or “Company”) wishes to clarify that the Company had todate yet to receive any written confirmation on the decision of the Government.
Protasco will make immediate announcement upon receipt of the decision of the Government.
26/02/2016 14:19
2016-03-04 22:24 | Report Abuse
Chong pu kai father chong pet ken is the one hiding his crime. How many shareholders money he bribe away from protasco, got face to talk others. Doom days ahead holding protasco to hell.
2016-03-04 22:21 | Report Abuse
Chong ket pen son kenny chong pu kai can predict future his father will die because of bribery. Who doesn't know.
2016-03-04 22:20 | Report Abuse
Stock: [NEXGRAM]: NEXGRAM HOLDINGS BHD
Feb 28, 2016 11:46 AM | Report Abuse
Speaking of chong ket pen the robber. So rush to claim credit to his criminal hands, being reprimand by bursa. Lol lol lol
ZiPatChong speakup http://www.bursamalaysia.com/market/listed-companies/company-announcements/5011593
Reference is made to the article in “The Edge” dated 25 February 2016 titled “Protasco gets renewal of road maintenance concession for 10 years”. Protasco Berhad (“Protasco” or “Company”) wishes to clarify that the Company had todate yet to receive any written confirmation on the decision of the Government.
Protasco will make immediate announcement upon receipt of the decision of the Government.
26/02/2016 14:19
2016-02-28 11:51 | Report Abuse
Recap of criminal.
Chong ket pen who? Not pants down yet already pee on his undy. Lol lol lol. Wait lar few days when gets it. So fast wants to wash your name with all crime and blood. So easy? Dreaming.
ZiPatChong speakup http://www.bursamalaysia.com/market/listed-companies/company-announcements/5011593
Reference is made to the article in “The Edge” dated 25 February 2016 titled “Protasco gets renewal of road maintenance concession for 10 years”. Protasco Berhad (“Protasco” or “Company”) wishes to clarify that the Company had todate yet to receive any written confirmation on the decision of the Government.
Protasco will make immediate announcement upon receipt of the decision of the Government.
26/02/2016 14:19
Protasco gets renewal of road maintenance concession for 10 years
By Liew Jia Teng & Danial Idraki / The Edge Financial Daily | February 25, 2016 : 9:58 AM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language▼
This article first appeared in The Edge Financial Daily, on February 25, 2016.
KUALA LUMPUR: Protasco Bhd’s Federal Road Maintenance (FRM) concession, which expires this month, has been extended for 10 years, according to sources.
Sources told The Edge Financial Daily that the FRM concession, covering 7,000km of roads in Terengganu, Kelantan, Selangor and Pahang, is expected to contribute a recurring income of up to RM250 million annually for the next 10 years.
“The routine maintenance work will contribute a recurring income of RM130 million a year, while the periodic maintenance and emergency works will bring in additional RM100 million to RM120 million every year, depending on the actual work being carried out,” a source familiar with the concession said.
It is learnt that the concession renewal has been given to Roadcare (M) Sdn Bhd, the maintenance unit of Protasco. The concession is slated to expire in February 2026.
Meanwhile, sources said Protasco is also likely to receive a contract extension to undertake routine and periodic maintenance works for the state roads in Terengganu for the next seven years.
Previously, Permint Granite-HCM Sdn Bhd, another unit of Protasco, had been awarded a seven-year contract worth RM188 million, which will be expiring in July this year.
Yesterday, Protasco announced a net profit of RM20.2 million for the fourth quarter of financial year 2015 (FY15) ended Dec 31, 2015, compared to a net loss of RM4.07 million a year ago, mainly driven by its construction segment.
Quarterly revenue inched up 15.7% to RM455.89 million from RM393.91 million, with improvements marked by contributions from it maintenance, construction and property development segments.
For the full FY15, net profit stood at RM66.24 million, compared to a net loss of RM46.44 million a year before. Revenue, meanwhile, was 21.7% higher at RM1.29 billion from RM1.06 billion in FY14.
Protasco expects to maintain its performance despite signs of economic weakness globally, and the challenges expected for the construction and property development industries.
“We expect to see the construction division continue to contribute positively to the bottom line with the award of Phase 2 of [the] Perumahan Penjawat Awam 1Malaysia project,” executive vice-chairman and group managing director Datuk Seri Chong Ket Pen said in a separate statement.
28/02/2016 11:23
2016-02-28 11:46 | Report Abuse
Speaking of chong ket pen the robber. So rush to claim credit to his criminal hands, being reprimand by bursa. Lol lol lol
ZiPatChong speakup http://www.bursamalaysia.com/market/listed-companies/company-announcements/5011593
Reference is made to the article in “The Edge” dated 25 February 2016 titled “Protasco gets renewal of road maintenance concession for 10 years”. Protasco Berhad (“Protasco” or “Company”) wishes to clarify that the Company had todate yet to receive any written confirmation on the decision of the Government.
Protasco will make immediate announcement upon receipt of the decision of the Government.
26/02/2016 14:19
2016-02-28 11:45 | Report Abuse
Criminal pay money to set up people doesnt mean people will do same crime to charge chong ket pen and son. Stupid also knows the trick. Chong ket pen the criminal snab people, cannot run. Let actual law repay his kama. Low standard.
2016-02-28 11:35 | Report Abuse
Chong ket pen of protasco once said mudajaya is nobody, he is much better. Lol lol lol. Chong who? Siphon money, set up and fixing people he knows lah. Take credit from his ex bosses who secured government contracts. Lame. Better buy mudajaya.
2016-02-28 11:29 | Report Abuse
Very good at siphoning money not siphon enough to bribe contract? Think he is very clean mr pretender. 有其父必有其子,狼狈为奸偷取公司公款,用来陷害诬告企图嫁祸于人。不知到适可而止,必有后患。去坐牢浪费资源,活埋了算。
2016-02-28 11:23 | Report Abuse
Chong ket pen who? Not pants down already sheet. Lol lol lol. Wait lar few days when gets it. So fast want to wash your name with all crime and blood.
ZiPatChong speakup http://www.bursamalaysia.com/market/listed-companies/company-announcements/5011593
Reference is made to the article in “The Edge” dated 25 February 2016 titled “Protasco gets renewal of road maintenance concession for 10 years”. Protasco Berhad (“Protasco” or “Company”) wishes to clarify that the Company had todate yet to receive any written confirmation on the decision of the Government.
Protasco will make immediate announcement upon receipt of the decision of the Government.
26/02/2016 14:19
Protasco gets renewal of road maintenance concession for 10 years
By Liew Jia Teng & Danial Idraki / The Edge Financial Daily | February 25, 2016 : 9:58 AM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language▼
This article first appeared in The Edge Financial Daily, on February 25, 2016.
KUALA LUMPUR: Protasco Bhd’s Federal Road Maintenance (FRM) concession, which expires this month, has been extended for 10 years, according to sources.
Sources told The Edge Financial Daily that the FRM concession, covering 7,000km of roads in Terengganu, Kelantan, Selangor and Pahang, is expected to contribute a recurring income of up to RM250 million annually for the next 10 years.
“The routine maintenance work will contribute a recurring income of RM130 million a year, while the periodic maintenance and emergency works will bring in additional RM100 million to RM120 million every year, depending on the actual work being carried out,” a source familiar with the concession said.
It is learnt that the concession renewal has been given to Roadcare (M) Sdn Bhd, the maintenance unit of Protasco. The concession is slated to expire in February 2026.
Meanwhile, sources said Protasco is also likely to receive a contract extension to undertake routine and periodic maintenance works for the state roads in Terengganu for the next seven years.
Previously, Permint Granite-HCM Sdn Bhd, another unit of Protasco, had been awarded a seven-year contract worth RM188 million, which will be expiring in July this year.
Yesterday, Protasco announced a net profit of RM20.2 million for the fourth quarter of financial year 2015 (FY15) ended Dec 31, 2015, compared to a net loss of RM4.07 million a year ago, mainly driven by its construction segment.
Quarterly revenue inched up 15.7% to RM455.89 million from RM393.91 million, with improvements marked by contributions from it maintenance, construction and property development segments.
For the full FY15, net profit stood at RM66.24 million, compared to a net loss of RM46.44 million a year before. Revenue, meanwhile, was 21.7% higher at RM1.29 billion from RM1.06 billion in FY14.
Protasco expects to maintain its performance despite signs of economic weakness globally, and the challenges expected for the construction and property development industries.
“We expect to see the construction division continue to contribute positively to the bottom line with the award of Phase 2 of [the] Perumahan Penjawat Awam 1Malaysia project,” executive vice-chairman and group managing director Datuk Seri Chong Ket Pen said in a separate statement.
2016-02-28 11:16 | Report Abuse
Protasco is already sunk, siphon money and rob by father and son criminals. Bursa and SC they think can fool. Wash pet pet lor. 张鸡平儿子满口谎言,父子偷了公司再盗用公款陷害诬告。忘恩负义别提,再恩将仇报。华人败类,人人得以诛之。
2016-02-28 11:12 | Report Abuse
Chong banana go eat your father criminal dog poo in protasco lor. 贼喊抓贼,欺人太甚,又其父必有其子,造孽。
2016-02-28 11:10 | Report Abuse
His father chong pukai sink protasco siphon money for his son chong banana. Robbery chong talk sheet. His mother do with dog gave birth to chong then ner ke? Mouth all dog poo.
2016-02-28 11:07 | Report Abuse
The puki chong again? Where is drwarrant and gang?
Stock: [PRTASCO]: PROTASCO BHD
2016-03-05 10:39 | Report Abuse
How much bribe hah? $200mil a year contract bribe $50mil, 10 years $500mil. Chong Pu Kai very very good actor. Gives him a Siphoning king of Malaysia Award!