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2 weeks ago | Report Abuse
Rm123m masuk akaun pos in Q3, 2024, expecting big jump in share price
2 weeks ago | Report Abuse
tony an acca accountant will do something for tune pro. Buy b4 u regret
2 weeks ago | Report Abuse
Tune pro the last puzzle of tony after healing acapital & aax. Super abnormal ROI at current price😜
2 weeks ago | Report Abuse
4634 POS POS MALAYSIA BHD
Change of Company Secretary
Date of Change: 04/11/2024
Type of Change: Appointment
Designation: Joint Secretary
Name: YAP POOI CHOO
Age: 0
Country:
Nationality:
Working Experience:
Yap Pooi Choo is an Associate of the Malaysian Institute of Chartered
Secretaries and Administrators (MAICSA), has over 19 years of experience in the
field of company secretarial and corporate governance practice for companies of
various industries, including investment holding companies, insurance, airport
operator, manufacturing, construction and conglomerate.
Remarks:
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
Submitted By:
04/11/2024 07:00 AM
Ref Code: 202411044200048
2 weeks ago | Report Abuse
Trump tolong pos ka? Untung atau kerugian menurun, harga syer terbang
2 weeks ago | Report Abuse
Cash up liability will be reduced in the third quarter of 2024; the financial statement will be released this month😍
KUALA LUMPUR (May 21): Pos Malaysia Bhd (KL:POS) is selling its ship chartering unit that mainly deals with bulk cargoes for RM123.21 million as part of a move to shed non-core businesses.
The proposed sale of PNSL Bhd to SWA Shipping Sdn Bhd will also settle outstanding intra-group trading debts and advances owed to Pos Malaysia, the company said in an exchange filing on Tuesday.
2 weeks ago | Report Abuse
Tak tahu syed botak biarkan harga syer pos rendah dan offer to take private anytime e.g. mmc, etc😉
2 weeks ago | Report Abuse
Bila pos melaporkan kerugian berkurangan ataupun keuntungan; harga syer akan terbang. Wait n see ya
2 weeks ago | Report Abuse
Pos Shop, bila? Heard on the Street: The historically fragmented convenience-store industry will likely see lots of M&A in the years ahead.
2 weeks ago | Report Abuse
Baik bagi POS logistics, angkut kereta proton😉 Proton Edar chief executive officer Roslan Abdullah
KUALA LUMPUR: Proton Holdings Bhd reported sales of 12,799 units for domestic and export markets in October, a 13.6 per cent increase over the previous month’s 11,269 units, raising its year-to-date (YTD) sales volume to 125,557 units.
In a statement, the national carmaker said it remains the second most popular brand in Malaysia’s automotive sales rankings, with an estimated market share of 18.1 per cent for October and a YTD share of 18.9 per cent for 2024.
Total industry sales rebounded in October following a dip in the previous month.
"As original equipment manufacturers (OEMs) flood the market with year-end sales offers, total industry volume (TIV) is estimated to have reached 70,668 units in October, marking the fifth time this year that monthly sales have surpassed 70,000 units.
"The industry remains on track to set a new record by year-end,” it said.
Proton Edar chief executive officer, Roslan Abdullah, said the final quarter of 2024 poses a challenging environment for automotive players as new brands and products flood the market, and aggressive sales targets prompt a range of buyer incentives.
"Heading into the new year, the company will build the foundation to become a major presence in the EV market.
"The Proton e.MAS 7 has already been previewed to thousands of potential buyers and will have its grand launch in December, with 36 dealers representing the brand," he said.
The carmaker also reported that its X50 model retained its top position in the B-segment SUV market, delivering 2,122 units in October despite intensified competition from recent model launches.
After a brief decline in September, sales of the Proton S70 rebounded with 1,432 units sold in October, returning it to the top of the C-segment sedan category and preserving its YTD lead.
The Proton X70 recorded 989 units sold in October, while the Proton Iriz sold 379 units, retaining its fourth-place ranking in the B-segment hatchback market. - Bernama
2 weeks ago | Report Abuse
Siasatlah drb; beli pos @RM3.60; kini 32sen pulak😂🤣
PUTRAJAYA (Nov 5): The founding couple of an online fashion business on Tuesday provided their statements to the Malaysian Anti-Corruption Commission (MACC).
This was after the graft busters initiated a probe into Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd's (PNB) investment in the fashion business, which resulted in RM43.9 million losses.
The couple, who have been present at the MACC Headquarters since 2.30pm, have not yet left the graft buster's premises as of 8pm.
Sources confirmed that the couple were still being questioned and the process is expected to be completed by 10pm and expected to continue on Wednesday.
Earlier, when contacted by Bernama, MACC chief commissioner Tan Sri Azam Baki confirmed that the couple had been summoned to assist investigations related to the case.
As of Monday, he said four witnesses from PNB, Khazanah and the Ministry of Finance had been called to provide statements to assist investigations.
On Monday, the MACC announced, through a post on its official TikTok page, that the commission had raided the office of a local online fashion business and three other premises and seized various documents for investigation.
The investigation is conducted under Section 18 of the MACC Act.
Earlier, Azam said that the investigations into the loss incurred by the fashion business would be conducted fairly and professionally, further emphasising that the investigation was essential as it involved public funds and was of public interest.
Azam also urged the public to provide space for the investigation to be carried out and avoid speculation and a 'public trial' against the parties involved.
2 weeks ago | Report Abuse
Tak pasti sama Ada bro Yu Akan berada di sg buloh bersama bro najib 👀🫵🏻
3 weeks ago | Report Abuse
Stock judi macam bjasset patut recover
3 weeks ago | Report Abuse
Judi, penjana dana untuk bjasset😉
3 weeks ago | Report Abuse
Tak Tau buat proper accounting entries untuk jv rm1bil Ka?😅accountant takda atau bro Yu paksa ac staf sengaja buat salah? Macc dimana?
3 weeks ago | Report Abuse
CFO takda junior ac staff buat salah kot ? Ikut arahan Yu Ka? Takda finance director mahupun CFO bukan?😂
3 weeks ago | Report Abuse
Bro Yu Ada curi wang syarikat Ka? Bukan kes najib kan?😅
3 weeks ago | Report Abuse
Yu brothers Tak macam najib Ka? Tak masuk jel lagi 😀
3 weeks ago | Report Abuse
Kroni madey kutty Syed botak tak bagi ia merosot Ka? 32.5sen no movement
3 weeks ago | Report Abuse
Take private & relist excluding the jv rm1bil habis cerita
3 weeks ago | Report Abuse
Removing and preventing accounting fraud is crucial to maintaining integrity, transparency, and trust within an organization. Here are some steps that can help address and prevent accounting fraud:
1. Establish Strong Internal Controls
• Segregation of Duties: Divide financial responsibilities so no single person handles all aspects of a transaction.
• Authorization and Approval Systems: Ensure all financial transactions are authorized by appropriate personnel.
• Access Control: Restrict access to financial systems to only those who need it.
• Regular Audits: Conduct regular internal and external audits to detect irregularities and ensure compliance.
2. Implement Ethical Standards and Compliance Programs
• Code of Conduct: Develop a clear code of ethics and ensure all employees are familiar with it.
• Training Programs: Provide training on ethical standards, anti-fraud policies, and the consequences of fraud.
• Compliance Monitoring: Continuously monitor adherence to regulations and internal policies.
3. Use Data Analytics and Forensic Accounting
• Data Monitoring Tools: Employ software to analyze transactions and flag unusual patterns or outliers.
• Forensic Accounting: Consider having forensic accountants review the financials if fraud is suspected.
4. Foster a Culture of Transparency and Accountability
• Whistleblower Programs: Implement a system for employees to report suspicious activities anonymously.
• Open Communication: Encourage open communication between departments and maintain a transparent environment.
5. Strengthen Financial Oversight
• Audit Committee Oversight: Ensure that an independent audit committee oversees the company’s financial reporting.
• Regular Financial Reviews: Conduct regular reviews of financial statements, with cross-verification by multiple team members.
• Detailed Reconciliation: Perform regular reconciliation of bank statements, accounts, and balance sheets.
6. Regularly Update Anti-Fraud Measures
• Stay Updated on Fraud Schemes: Fraudsters constantly develop new methods, so staying informed on the latest fraud tactics is crucial.
• Review Policies and Procedures: Regularly update financial policies to adapt to new risks and regulatory requirements.
7. Engage with External Auditors
• Independent Audits: Engage reputable third-party auditors to review financial statements independently.
• Periodic Audits: Carry out periodic, unannounced audits to deter fraudulent behavior.
Taking these actions helps to establish a strong foundation against accounting fraud and promotes an ethical organizational culture.
3 weeks ago | Report Abuse
As of November 5, 2024, YNH Property Bhd has not publicly disclosed the identity of its Chief Financial Officer (CFO). The company’s leadership includes Chairman and Executive Director Datuk Dr. Yu Kuan Chon and Chief Executive Officer Kuan Yu.  Additionally, the Audit Committee is chaired by Senior Independent Non-Executive Director Khong Kam Hou. 
3 weeks ago | Report Abuse
As of the most recent updates, U Mobile is a major telecommunications provider in Malaysia offering a range of services, including 4G and 5G. Here’s an overview of its ownership and involvement in 5G development:
Major Shareholders in U Mobile
1. U Television Sdn Bhd (UTV):
• U Mobile is primarily owned by U Television Sdn Bhd (UTV), which is part of the Berjaya Corporation Group. Berjaya Corporation was founded by Malaysian business tycoon Tan Sri Vincent Tan, who has historically been associated with U Mobile’s parent company.
• Vincent Tan remains one of the influential figures connected to U Mobile’s ownership, though the company may also have a diversified structure involving other investors.
2. Straits Mobile Investments Pte Ltd:
• Straits Mobile Investments Pte Ltd, a subsidiary of Singapore’s Singtel, once held a minority stake in U Mobile. However, Singtel exited its stake in 2018, and U Mobile has since continued its operations independently without Singtel’s direct involvement.
3. Institutional Investors:
• U Mobile may also have other institutional investors who contribute capital, though UTV remains the primary shareholder.
U Mobile’s Role in 5G Development in Malaysia
• 5G Spectrum Allocation:
• U Mobile, along with other major telecommunications operators in Malaysia, is part of the government’s 5G rollout initiative, managed through Digital Nasional Berhad (DNB), a government-owned special purpose vehicle created to build and manage Malaysia’s 5G network infrastructure.
• In 2021, Malaysia decided on a single wholesale network model where DNB holds and manages the 5G spectrum, which is then leased to telecom operators like U Mobile. U Mobile initially committed to participating in the model, though the national plan has evolved with telecom operators now having options for direct spectrum involvement.
• 5G Services and Deployment:
• U Mobile began offering 5G services in Malaysia in partnership with DNB, providing its customers with access to 5G networks where available. This rollout aligns with the government’s national 5G coverage goals and helps expand Malaysia’s digital infrastructure.
Market Position and Partnerships
• Competitive Positioning:
• U Mobile has positioned itself as a more affordable telecommunications option compared to established players like Maxis, Celcom, and Digi, which are now under the CelcomDigi entity. U Mobile’s pricing strategies often target younger demographics and budget-conscious consumers, which helps it retain a significant share of the market.
• Potential for Further Stakeholder Involvement:
• With the ongoing 5G expansion, it’s possible that U Mobile may seek additional partnerships or funding to improve infrastructure and expand 5G services.
3 weeks ago | Report Abuse
I think pecat independent directors & CFO solusi jugak
3 weeks ago | Report Abuse
Jika Yu brothers buat accounting fraud macam Enron, dah masuk penjara macam najib dah 😅
3 weeks ago | Report Abuse
Taking out the controversial rm1bil jv projects would make ynh to fly. Wait n see
3 weeks ago | Report Abuse
Or use a Sdn Bhd to acquire the jv projects at rm1bil or less
3 weeks ago | Report Abuse
Privatize it cheaply, relist without the rm1bil jv projects😎
3 weeks ago | Report Abuse
Wait n see
Macc should investigate drb why wasted so much money invested in pos Malaysia; risk of siphoning out funds out of pos since acquisition? Acquisition price paid rm3.60; now 32sen, less than 10% left. Good example: KUALA LUMPUR (Nov 4): The Malaysian Anti-Corruption Commission (MACC) raided the office of a local fashion business, along with three other business premises on Monday, in a probe into significant investment losses incurred by Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB).
In a post shared on MACC's official TikTok account, the agency revealed that the operation was conducted as part of the investigation into the loss of public funds, totalling RM43.9 million.
The 58-second video clip shows MACC officers arriving at the office of the online fashion business, here, and conducting inspections and interviews.
The post also shared that the investigation was carried out under Section 18 of the MACC Act, although details regarding the locations of the other premises, which were raided simultaneously, were not disclosed.
Bernama is currently seeking additional information regarding the raid.
On Saturday, MACC chief commissioner Tan Sri Azam Baki assured the public that the inquiry into the investment losses related to Khazanah and PNB, involving the online fashion business, would be carried out impartially and professionally.
3 weeks ago | Report Abuse
Macc should investigate drb why wasted so much money invested in pos Malaysia; risk of siphoning out funds out of pos since acquisition? Acquisition price paid rm3.60; now 32sen, less than 10% left. Good example: KUALA LUMPUR (Nov 4): The Malaysian Anti-Corruption Commission (MACC) raided the office of a local fashion business, along with three other business premises on Monday, in a probe into significant investment losses incurred by Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB).
In a post shared on MACC's official TikTok account, the agency revealed that the operation was conducted as part of the investigation into the loss of public funds, totalling RM43.9 million.
The 58-second video clip shows MACC officers arriving at the office of the online fashion business, here, and conducting inspections and interviews.
The post also shared that the investigation was carried out under Section 18 of the MACC Act, although details regarding the locations of the other premises, which were raided simultaneously, were not disclosed.
Bernama is currently seeking additional information regarding the raid.
On Saturday, MACC chief commissioner Tan Sri Azam Baki assured the public that the inquiry into the investment losses related to Khazanah and PNB, involving the online fashion business, would be carried out impartially and professionally.
3 weeks ago | Report Abuse
Malaysia, negara judi nombor 1 di Asia tenggara
3 weeks ago | Report Abuse
Mati dah Eddie? Dah habis manipulasi Ka?
3 weeks ago | Report Abuse
Kimak itu bangunan yayasan atm dah siap Ka?
3 weeks ago | Report Abuse
Takda fraud jika Ada directors dah masuk jail macam najib 😂
3 weeks ago | Report Abuse
Last Price
0.435
Avg Target Price
1.85
Upside/Downside
+1.415 (325.29%)
https://klse.i3investor.com/web/stock/analysis-price-target/3158
3 weeks ago | Report Abuse
Syed taik kena buat sesuatu, celaka punya kroni madey kutty, kimak. POS & DRB🫵🏻🤭
3 weeks ago | Report Abuse
For the financial year ended 30 June 2024, YNH Property Bhd (“YNHP” or “the Company”) delivered solid results,
with revenue predominantly driven by the sale of Solasta Dutamas, our flagship project located in Kuala Lumpur.
Meanwhile, in the state of Perak, the Manjung Commercial Shoplots and Manjung Point Township have been the
primary contributors to the Group’s performance, demonstrating the strength of our diversified portfolio.
Located in Dutamas, Kuala Lumpur, Solasta Dutamas has a GDV of approximately RM720 million, and is expected
to contribute positively to the Group’s earnings for the next 2 years. As at 30th September 2024, the construction
of Solasta Dutamas is progressing smoothly, with the first tower already topped out, while the remaining two
towers are at the super-structure stage of construction. The project has been well-received by prospective buyers,
with over 70% of the total units sold. The strategic location and premium offerings of this project provide a strong
outlook for sustained revenue generation.
In Perak, our ongoing township development of approximately 700 acres in Seri Manjung is a long-term growth
engine for YNHP. The Manjung Point Township residential units and Manjung Commercial Shoplots continue to
deliver consistent revenue streams. With a forecasted development horizon of 20 to 30 years, this project positions
the Group well for sustained future profitability.
The value of our Seri Manjung township has been further enhanced by the presence of key facilities such as AEON
Seri Manjung and Pantai Hospital Seri Manjung. These facilities not only improve the quality of life for residents but
also increase the attractiveness and long-term value of our developments in this area.
Looking ahead, the Group is preparing to launch several high-potential projects, including Residensi Bangsar
South, located adjacent to KTM Angkasapuri, Residensi Bangsar South has an estimated GDV of RM470 million,
and is expected to launch in 2025 subject to final authority approvals.
Another prestigious future project by YNHP is the development of Menara YNH. The commercial development
spans around 3 acres along Jalan Sultan Ismail, positioned within the bustling Golden Triangle of Kuala Lumpur
City Centre. The location of Menara YNH offers easy accessibility and close proximity to public transport facilities.
This development has an internal targeted GDV of approximately RM4 billion.
The Menara YNH mixed development will comprise the mix of hotel, service apartments and shopping mall.
Contribution from this project which includes rental income is expected to contribute positively to the Group’s
future earnings.
Last but not least, 163 Retail Park SPA is unconditional as of 23rd September 2024. This provides certainty of the
final payment of Balance Purchase Price due by 22nd December 2024. Approximately RM161 million of the sales
proceeds will be strategically allocated to reduce the company's borrowings, significantly improving our gearing
ratio and generating substantial savings in interest expenses.
The Group remains focused on creating long-term value for our shareholders by pursuing strategic growth
opportunities, optimizing our project portfolio, and maintaining prudent financial management. With a strong
project pipeline, continued demand for quality properties, and supportive market conditions, we are confident that
YNHP is well-positioned for sustainable growth in the coming years.
3 weeks ago | Report Abuse
Corporate Development
The Board is pleased to inform that the conditions precedent of the Sales and Purchase Agreement for 163 Retail
Park have been fully met, making the agreement unconditional as of 23rd September 2024. This milestone not
only affirms the value and appeal of our development but also demonstrates the market's recognition of its prime
location and quality. The successful completion of this agreement reinforces our position as a developer of highvalue properties and strengthens the company's financial outlook.
3 weeks ago | Report Abuse
LEE ZHI YAN
30 years of age
Malaysian, Female
Independent Non-Executive Director
Member, Audit Committee
Member, Nomination Committee
Member, Remuneration Committee
Ms. Lee Zhi Yan was appointed to the Board of the Company as Independent Non-Executive Director on 1 March
2024. On the same day, she was also appointed as a member of the respective Board Committees.
Ms. Lee Zhi Yan graduated with a Bachelor of Commerce from Monash University, Australia. She also holds several
professional qualifications, including membership in the Malaysian Institute of Accountants (MIA), the Malaysian
Institute of Certified Public Accountants (MICPA), and Chartered Accountants Australia and New Zealand (CAANZ).
She began her career as an Accounts Officer at 7-Eleven Australia and later managed vendor details and payments
at Kalari HSE Australia. In 2018, she joined PricewaterhouseCoopers PLT as an Assurance Senior Associate,
contributing to audits, risk assessments, and mentoring junior staff.
In 2021, she became Assistant Planning & Reporting Manager at Dutch Lady Milk Industries Berhad, focusing on
financial planning and process improvements. Currently, as General & Sales Accounting Manager at Goodyear
Malaysia Berhad, she oversees financial reporting, compliance, and accounting activities, while serving as a key
business partner.
She has no other directorship in public companies and listed issuers. She has no family relationship with any
director and/or major shareholder of the Company.
She has not been convicted of any offences within the past five (5) years other than traffic offences, if any, and has
not been imposed any public sanction or penalty by the relevant regulatory bodies during the financial year ended
30 June 2024.
She has no conflict of interest or potential conflict of interest with the Company or its subsidiaries.
3 weeks ago | Report Abuse
KHONG KAM HOU
75 years of age Malaysian, Male
Senior Independent Non-Executive Director
Chairman, Audit Committee
Member, Nomination Committee
Member, Remuneration Committee
Mr. Khong Kam Hou was appointed to the Board of the Company as a Senior Independent Non-Executive Director
on 31 March 2023. On the same day, he was also appointed as a member of the respective Board Committees. He
was later redesignated as Chairman of the Audit Committee on 1 March 2024.
He graduated from the University of Malaya with a Bachelor's degree in Economics in 1974 and joined the
Department of Inland Revenue, Ministry of Finance, as a tax cadet officer in early 1975. Over the course of his
career from 1975 to 1991, he served in several key units within the Inland Revenue Department, including tax
assessment, corporate tax, and tax investigation. In 1992, he left his role as a senior tax officer and practiced as a
licensed tax consultant from 1992 until 2019.
He has no other directorship in public companies and listed issuers. He has no family relationship with any director
and/or major shareholder of the Company.
He has not been convicted of any offences within the past five (5) years other than traffic offences, if any, and has
not been imposed any public sanction or penalty by the relevant regulatory bodies during the financial year ended
30 June 2024.
He has no conflict of interest or potential conflict of interest with the Company or its subsidiaries.
CHING LEE FONG
46 years of age Malaysian, Male
Independent Non-Executive Director
Member, Audit Committee
Chairman, Nomination Committee
Chairman, Remuneration Committee
Mr. Ching Lee Fong was appointed to the Board of the Company as a Independent Non-Executive Director on 31
March 2023. On the same day, he was also appointed as a member of the respective Board Committees. He was
later redesignated as Chairman of the Nomination Committee and Remuneration Committee on 1 March 2024.
He graduated with a Bachelor of Engineering (Electrical & Electronics) from University Technologi Malaysia. He is
currently serving as a Senior Engineer at Intel Microelectronics Sdn Bhd and brings over 23 years of experience in
the electrical and electronics engineering industry.
He has no other directorship in public companies and listed issuers. He has no family relationship with any director
and/or major shareholder of the Company.
He has not been convicted of any offences within the past five (5) years other than traffic offences, if any, and has
not been imposed any public sanction or penalty by the relevant regulatory bodies during the financial year ended
30 June 2024.
He has no conflict of interest or potential conflict of interest with the Company or its subsidiaries.
3 weeks ago | Report Abuse
DATO’ DR. YU KUAN CHON, DIMP, PPT, MBBS
62 years of age Malaysian, Male
Chairman, Executive Director
Dato’ Dr. Yu Kuan Chon was appointed to the Board of the Company on 3 September 2003, and became Chairman
on 20 February 2004. After obtaining his medical degree in 1988, he began his career as a houseman in Klang,
followed by a role as a medical officer a year later. He subsequently served as a medical officer in hospitals in Ipoh
and Taiping, Perak. In 1995, he left government service to assist in the family business.
Currently, he is a Non-Independent Non-Executive Director at Rapid Synergy Berhad, a public company listed on
the Main Market of Bursa Malaysia Securities Berhad.
He is the brother of Dato’ Yu Kuan Huat, DPMP, PMP, AMP, PPT, and he is a major shareholder of the Company.
He has no conflict of interest or potential conflict of interest with the Company or its subsidiaries. He has not been
convicted of any offences within the past five (5) years other than traffic offences, if any, and has not been imposed
any public sanction or penalty by the relevant regulatory bodies during the financial year ended 30 June 2024.
DATO’ YU KUAN HUAT, DPMP, PMP, AMP, PPT
66 years of age Malaysian, Male
Managing Director
Member, Remuneration Committee
Dato’ Yu Kuan Huat was appointed to the Board of the Company on 3 September 2003, and subsequently assumed
the role of Managing Director on 8 October 2003. Prior to joining the Board, he served as the Managing and Founder
Director of Kar Sin Bhd, now a wholly-owned subsidiary of the Company. With over 30 years of experience, his
expertise covers a broad range of industries, including property development, construction, money lending, and
aquaculture.
He serves as the Alternate Director to Dato’ Dr. Yu Kuan Chon, DIMP, PPT, MBBS, at Rapid Synergy Berhad, a
public company listed on the Main Market of Bursa Malaysia Securities Berhad.
He is a substantial shareholder of the Company and he is the brother of Dato’ Dr. Yu Kuan Chon, DIMP, PPT,
MBBS.
He has no conflict of interest or potential conflict of interest with the Company or its subsidiaries. He has not been
convicted of any offences within the past five (5) years other than traffic offences, if any, and has not been imposed
any public sanction or penalty by the relevant regulatory bodies during the financial year ended 30 June 2024.
3 weeks ago | Report Abuse
DIRECTORS
Dato’ Dr. Yu Kuan Chon, DIMP, PPT, MBBS
(Chairman, Executive Director)
Dato’ Yu Kuan Huat, DPMP, PMP, AMP, PPT
(Managing Director)
Khong Kam Hou
(Senior Independent Non-Executive Director)
Ching Lee Fong
(Independent Non-Executive Director)
Lee Zhi Yan
(Independent Non-Executive Director)
3 weeks ago | Report Abuse
Market Cap
RM230 Million @43.5sen
NOSH
529 Million shares
NTA RM2.14 per share
Say, worst scenario, write off RM1bil. NTA = rm2.15 - (rm1BIL/529MIL SHARES)~26SEN
IF WRITE 50% ONLY, nta = RM2.15 - (rm500MIL/529MIL SHARES) ~ rm1.20
#############AT 43.5SEN, SEEM A CALCULATED BET, ALSO, WITH glc AS TOP 10 INVESTORS e.g. CITIGROUP NOMINEES (TEMPATAN) SDN BHD (199301012273) 20,785,400 3.933%
URUSHARTA JAMAAH SDN. BHD.
3 weeks ago | Report Abuse
The founder of YNH Property Berhad might support the company for several reasons:
1. **Vision and Legacy**: As the founder, they likely have a personal vision for the company and a desire to build a lasting legacy in the property development industry. Supporting YNH allows them to see that vision come to fruition.
2. **Passion for Development**: A genuine passion for real estate and urban development can drive the founder to support YNH’s projects. They may take pride in creating quality homes and commercial spaces that enhance communities.
3. **Financial Incentives**: The founder’s financial interests are closely tied to the company’s success. Supporting YNH can lead to increased property values, better returns on investment, and overall growth, benefiting them personally.
4. **Market Opportunities**: The founder may recognize the potential for growth in the property market, particularly in Malaysia’s urban centers. By supporting YNH, they can capitalize on these opportunities.
5. **Strategic Direction**: Having a deep understanding of the industry, the founder may feel it is their responsibility to guide the company’s strategic direction, ensuring it remains competitive and innovative.
6. **Talent and Culture**: The founder may want to foster a strong corporate culture and attract top talent. Supporting the company helps create an environment where employees are motivated and aligned with its goals.
7. **Community Impact**: Supporting YNH allows the founder to make a positive impact on the community through responsible development, sustainable practices, and contributions to local economies.
Overall, the founder's support for YNH Property Berhad can stem from a mix of personal passion, financial interests, and a desire to contribute to the industry and community.
Stock: [TUNEPRO]: TUNE PROTECT GROUP BERHAD
2 weeks ago | Report Abuse
Great eastern: The group’s new business embedded value amounted to S$176.9 million, up 7% on the year from S$165.1 million.