Mana ada genuine bizman biarkan syer sykt up 35sen, now 8sen jika tak terlibat, dll

Agreement btwn founder n share manipulator probably, wait n see

Saya percaya pengasas haji bersama ataupun benarkan geng syer manipulator bermain stoknya sebelum beliau lepaskan semua

Dia dah baru bangun :)



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7201 PICORP PROGRESSIVE IMPACT CORPORATION
Change in Boardroom
Date of Change: 30/05/2023
Type of Change: Appointment
Designation: Chairman
Directorate: Ind & N/Exec
Name: SYED HISHAM BIN SYED WAZIR
Age: 68
Country:
Nationality: Malaysia
Qualifications:
Working Experience and Occupation:
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
Directorship of public companies (if any):
1. MSM Malaysia Holdings Berhad2. Bermaz Auto Berhad
Family relationship with any director and/or major shareholder of the listed issuer:
Nil
Details of any interest in the securities of the listed issuer or its subsidiaries:
Nil
Remarks:
Datuk Syed Hisham bin Syed Wazir's appointment took effect upon the
conclusion of the 31st Annual General Meeting held on 30 May 2023.
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:

30/05/2023 07:00 AM


Ref Code: 202305303300817

Price & volume up, sesuatu :)




2023-08-02 0.075 0.08 +0.005 (6.666%) 3,810,600
2023-08-01 0.075 0.075 0.00 (0.00%) 405,700
2023-07-31 0.075 0.075 0.00 (0.00%) 119,700
2023-07-28 0.075 0.075 0.00 (0.00%) 421,000
2023-07-27 0.08 0.075 0.00 (0.00%) 400,200
2023-07-26 0.075 0.075 -0.005 (6.25%) 413,800
2023-07-25 0.075 0.08 +0.005 (6.666%) 744,100
2023-07-24 0.075 0.075 -0.005 (6.25%) 223,100

Many potential buyers for picorp in Indonesia .

Example:


Incitec Pivot has arranged site trips and due diligence for Pupuk Kaltim in recent days, AFR reported. — Reuters

BENGALURU: Incitec Pivot has tapped Indonesia’s Pupuk Kaltim as the preferred buyer of its Australian fertiliser business in a deal that could be worth about A$1.5bil (US$989mil or RM4.46bil), according to the Australian Financial Review (AFR).

The company has arranged site trips and due diligence for Pupuk Kaltim in recent days, the newspaper reported, citing sources familiar with the matter.

Incitec Pivot said in mid-July that it had received several approaches for the fertiliser business, and that an assessment of a potential sale was being considered.

Investors have pushed back in recent past against its plan to demerge its explosives manufacturing business Dyno Nobel through a separate listing to accelerate growth in the explosives and fertiliser segment.

Pupuk Kaltim is an Indonesian state-owned enterprise, which specialises in urea and ammonia production.

Both Incitec Pivot and Pupuk Kaltim did not immediately respond to Reuters’ requests for comment. — Reuters

MIDF Research noted that there was a divergence in net change to forward earnings between heavyweights and lesser-cap stocks.

PETALING JAYA: Corporate earnings are set to continue recovering and registering further growth in the second half of 2023 (2H23), backed by positive economic print projected for the period.

At the same time, the country’s economy is set to retain its growth trajectory for the rest of the year with continuous support from strong households and intact fundamentals, despite various external variables influencing growth in 1H23.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said earnings growth for 1H23 is estimated to be around 6% to 7%, while 2H23 may see an 11% to 12% growth track.

“Last year, earnings declined by 10% and this year we expect it to grow within 9.3% to 9.5%.

“More companies are likely to write back provisions in 2H23, and fundamentally, things are getting better with more active economic activities happening in the country,” he told Bernama.Nevertheless, Thong said growth will vary according to sectors.

“We saw decent growth in 1H23 and blue chips were doing well during the period.

“A few sectors will do well in 2H23, namely, oil and gas, construction, plantations, banking and real estate investment trusts,” he added.

Meanwhile, in its review of the first quarter of 2023 (1Q23), MIDF Research noted that there was a divergence in net change to forward earnings between heavyweights and lesser-cap stocks.

“The divergence in the net change to aggregate forward earnings favouring non-heavyweight stocks was also duly reflected in their relative price performance thus far this year,” it said.

As of end-May 2023, the year-to-date (y-t-d) price return of the FBM KLCI stood at minus 7.2%. In contrast, the mid-cap FBM70 index registered a y-t-d return of 4.9%.

In 1Q23, the aggregate reported earnings of FBM KLCI 30 current constituents came in at RM15.8bil, declining sequentially at minus 34.7% quarter-on-quarter, but improved against 1Q22 at 3% year-on-year.

MIDF Research said the heavyweights were bogged down mainly by the price underperformance of financial services counters, which was impacted by banking turmoil in the United States and Europe, as well as commodity-related industrial products and services and plantation stocks amid lower commodity product prices.

“Nonetheless, going forward, we do not expect the underperformance of these heavyweight stocks to persist, as, firstly, the banking turmoil in the United States and Europe is a consequence of the rapid rise in interest rates during the past year.

“Secondly, we reckon the softening commodity price trend is presaging a slowdown in economic activities, which is also arguably a consequence of the rapid rise in interest rates during the past year.

“Likewise, we can expect to see some improvement in both the valuation and earnings expectation of commodity-related stocks post-US Federal Reserve pause (in rate hikes),” it said. — Bernama

Subang Jaya: Mydin Mohamed Holdings Berhad (Mydin) memperuntukkan hampir RM7 juta bagi komitmen pelaksanaan prinsip alam sekitar, sosial dan tadbir urus (ESG) dalam menjalankan perniagaan serta menerapkan budaya mencintai dan memulihara alam sekitar dalam kalangan warga kerjanya.

Pengarah Urusan Mydin, Datuk Wira Dr Ameer Ali Mydin berkata, pihaknya turut melaksanakan inisiatif ESG Mydin Prihatin #forfuture bagi memberi fokus kepada usaha menjaga dan menerapkan budaya melestarikan alam sekitar dalam perniagaan.

Katanya, antara inisiatif yang diaplikasikan dalam perniagaan antaranya Pemasangan Sistem Solar (PV), Sistem Kepintaran Data, Pengurusan Sisa Efektif, Kecekapan Tenaga, Penggunaan Tenaga Boleh Guna, Tong Pakaian Kitar Semula dan Sistem Logistik Pintar yang membantu mengurangkan pelepasan karbon.

"Mydin komited untuk mencapai pengurangan sebanyak 15 peratus penggunaan tenaga dan pelepasan karbon serta mengurangkan pembaziran sisa bahan terbuang sebanyak 50 peratus, di samping mengurangkan penggunaan plastik dengan lebih serius menjelang 2030 melalui inisiatif mampan ini.

"Mydin turut menekankan aspek pelaporan dan penyelidikan ESG melalui kerjasama dengan Universiti Putra Malaysia (UPM) bagi memastikan kolaborasi antara pemain industri serta institusi pendidikan dalam menyokong agenda kelestarian nasional," katanya di majlis pelancaran Mydin Prihatin #Forfuture di sini kelmarin.

Hadir merasmikan, Menteri Alam Sekitar, Sumber Asli dan Perubahan Iklim (NRECC), Nik Nazmi Nik Ahmad.

Sementara itu, Mydin turut bekerjasama dengan GSPARX Sdn Bhd (GSPARX), syarikat subsidiari Tenaga Nasional Berhad (TNB) untuk pemasangan sistem solar yang dapat menjana sebanyak 26,464,764 kilowatt-jam (kWj) tenaga bersih setiap tahun melalui panel yang dipasang.

Ameer Ali berkata, penyediaan solusi tenaga solar sebagai sumber alternatif tenaga elektrik oleh TNB ini adalah selari dengan inisiatif Peralihan Tenaga TNB yang berteraskan ESG.

Beliau berkata, Mydin juga akan memperluas inisiatif ini ke 15 cawangan lain menjelang 2025 dan perancangan ini dijangka mengurangkan sejumlah 20,643 jisim karbon dioksida setiap tahun setara dengan penanaman 639,918 pokok setiap tahun.

"Pemasangan panel solar bukan saja untuk penjimatan wang tetapi ia adalah sebahagian usaha kami mengurangkan penggunaan tenaga.

"Untuk usaha ini, kami melabur hampir RM7 juta bagi memasang semua peralatan termasuk muat turun perisian di setiap bangunan kami," katanya.

If tycoon from Saudi or Indonesia bought the founder's stake, triple in price also could happen easily :)

If sudden jump few sen, mesti ada news

Ada movement this morning, ~3mil shares dah disapu

Some might acquire picorp for its valuable Biz networks in Indonesia & Saudi Arabia

Some wanted to penentrate into Arab Saudi and Indonesia Market, they could leverage on picorp networks in those countries

Oldtown , oversea, and many more family controlled companies cashed out due to disability of second generation

Founder sells his stake due to no growth in revenue for 10 years++ before he dies probably.

Give money to his children to run private Biz probably

Observe the movement in share price n volume

However, Malacca Securities Research expects the positive trend on the key index to continue as foreign funds extend their buying interest in local stocks.

As for the lower liners, the research firm expects the consolidation phase ot continue with any weakness to be supported by quick bargain-hunting activities.

Adakah pengasas haji tak jujur selama 10 tahun++ dengan redirect Biz kpd sykt peribadinya dan bukan picorp pulak ataupun anak2nya tak berguna, 10 years+, jualanpun dah stagnant?

Pengasas haji Dan keluarganya tak fokus pada picorp. Jualan pun tak bertumbuh. Jika focus korang pada Biz peribadi dan anak2 tak berguna, jualkan picorp saja, usah menipu pemegang2 syer minoriti, sial!

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have launched its sustainable finance programme, known as sustainability-linked facilities (SLFs), with an of RM3 billion from 2023 through 2030 in a move to support small and medium-sized enterprises (SMEs) in their sustainability journey.

The programme aims to address the challenges SMEs face in meeting global sustainability standards and accessing incentives typically reserved for larger corporations.

SLFs have gained popularity as a transition finance mechanism in recent years however, the implementation has yet to be improved by the bespoke and costly nature of verification requirements.

CIMB's SLF programme seeks to change that by providing SMEs with a holistic, cost-effective solution for measuring and verifying their sustainability targets.

CIMB group deputy chief executive officer, group commercial banking Ahmad Shazli Kamarulzaman said this opens up access to traditionally available incentives to larger corporates.

One key advantage of the CIMB SLF programme is its alignment with the loan market association's sustainability-linked loan principles, a globally recognised standard.

"This ensures that the programme adheres to high standards of sustainability and credibility," he said in a statement today.

Beyond reducing negative environmental impacts, the sustainable finance programme strives to enhance SMEs' business resilience and enable continued access to export markets.

By improving their sustainability performance, SMEs can adapt to rapid market and regulatory developments, such as the EU carbon border adjustment mechanism, upcoming local regulations, and the global economy's transition towards sustainable supply chains.

CIMB's dedication to advancing sustainability aspirations for businesses is evident in the success of its SLF for corporate clients, launched in 2020.

The SLF for corporate clients saw remarkable growth in interest and acceptance, with its value increasing by more than threefold in 2022, reaching RM1.2 billion, compared to RM367 million in 2021.

With the introduction of the SLF programme for SMEs, CIMB aims to empower a broader spectrum of businesses to embrace sustainability, enabling them to thrive in a changing market landscape and contribute positively to the environment and society.

With the recent push for better corporate governance, more foreign investors are entering the Japanese equity market

The perpaduan govt should push for reform like the Japanese govt.

Corporate reforms are quickly gaining traction. The Tokyo Stock Exchange (TSE) has now joined the likes of Japan’s Liberal Democratic Party in pushing for better corporate governance. In particular, the stock exchange is now pressuring companies with low PB ratios to more efficiently use capital or potentially be delisted. This has sparked a drastic shift in corporate behavior over the past few months as many companies have responded with buybacks and improvement measures.
We see the push by TSE for corporate reform as a reinforcement of policymakers’ long-term desire to encourage greater participation by local and foreign investors by boosting shareholder value. We expect corporate reform momentum to intensify moving forward, supporting the case for Japanese equities.

> 10 years ago , revenue per quarter pun rm20mil++, Kini pun sama. Pengasas dah nyanyuk macam atok kerala dan anak tak berguna, jualkan semua, :)

KUALA LUMPUR: Maybank Investment Bank Bhd has praised the Madani Economy's focus on pressing issues such as governance, education, and corruption.

Its head of equity research, Anand Pathmakanthan said that the Madani Economy concept does not just talk about growth, but it also emphasises income distribution.

"By having a more equitable income distribution for workers and wages, in particular, is beneficial to everyone.

"That is what a healthy economy is based on because then you have a much more consumption-driven economy," he said during the second half of 2023 (2H2023) retail equity market outlook webinar on Saturday.

Pathmakanthan also said that countries like Indonesia and the Philippines are attractive to foreign investors because these countries have big internal consumption.

"We can generate that consumption story in Malaysia if there is a more equal distribution of returns between capital and labour.

"I think the government has got that right in terms of focusing on fixing that," he said.

With the operationalisation of the framework, hopefully, we can reach that 5.5 to 6.0 per cent gross domestic product (GDP) target which the modality framework is targeting, Pathmakanthan added.

– BERNAMA

ESG INVESTING –THE WAY TO GO!

Post pandemic, its services are important n in demand. Sudden surge anytime

https://www.klsescreener.com/v2/news/view/1182497

Can fund managers make the difference for companies to be green?

https://www.scmp.com/business/article/3229255/climate-change-do-fund-managers-make-difference-spurring-companies-be-green

baguslah picorp ada subsi di Indonesia :) https://asia.nikkei.com/Politics/International-relations/Jokowi-bags-13bn-in-investment-pledges-after-meeting-with-Xi?utm_source=paid.outbrain.com&utm_medium=content%20retargeting&utm_campaign=IC_broad_CORE&utm_content=RSSfeed&dicbo=v4-5QOSLKf-1131228701

https://marhaendanrakyat.blogspot.com/2023/06/its-not-opcoms-first-time.html?fbclid=IwAR3IbVKheiXILZEuMjkpRYe607z7P2-k9DqXnq87zmYiMQqyiHukiazXtz0&m=1

KUALA LUMPUR: The government will pump in more than RM5 billion to kick off its Madani Economy Framework to enhance the economy and improve national competitiveness.

The framework has lofty ambitions of positioning Malaysia as one of the top 30 major economies around the globe within 10 years.

Others benchmarks include placing the country in the top 12 of the Global Competitiveness Index, increasing participation among women in the country's workforce to 60 per cent, placing the country in the top 25 nations in the world in the Corruption Perception Index, boosting the nation's fiscal strength with fiscal deficit of three per cent or lower and positioning Malaysia in the top 25 of the Human Development Index.

Prime Minister Datuk Seri Anwar Ibrahim said the framework aims at restructuring the economy to make Malaysia as Asia's leading economy, which in return would benefit the people.

Among the major assistance provided is the allocation of RM1 billion to payout RM100 e-cash to about 10 milliion Malaysians who earn and annual income of RM100,000 and lower.

Anwar said the government alongside government-linked investment companies will invest an additional RM1 billion in efforts to support the growth of start ups and technopreneurs in the country. The government will ensure funds are allocated for every phase in these companies, said the prime minister. The water issue in Kelantan and Sabah will be addressed via short term solutions that would incur the government an additional RM800 million.

Anwar said some parts of the states do not have access to consistent and quality water supply. "Besides that, the government will expedite the development of flood mitigation projects in Kelantan, Pahang, Selangor and Johor to protect the communities from flood disaster.

"The government is committed in ensuring everyone has access to basic infrastructure such as water or electricity and those in rural areas deserve world-class services," he said.

The prime minister noted as at 2022, 97 per cent of Malaysians have access to treated water supply. Furthermore, the government announced an additional allocation of RM400 million for micro financing under SME Corporation Malaysia, National Entrepreneurial Group Economic Fund's (Tekun), Majlis Amanah Rakyat (MARA) and Bumiputera Agenda Steering Unit (Teraju). This fund is aimed at providing entreprenuerial opportunities, trainings and financing for the marginal groups including women and youth. Another new major funding assistance announced under Madani Economy Framework was financing worth RM200 million under Agrobank to facilitate the application of technology in farming. The prime minister added the country could record a six per cent growth if everyone "initiates change". "If we are complacent with the current condition, the economy will only chart growth between four and five per cent. "However if we work hard and embrace change, we could reach 5.5 per cent and in fact I belueve it is not impossible for us to grow six per cent," he said.

Anwar noted that Malaysia needs to emulate other countries that have succesfully rebuilt their economies after a slump.

"Malaysia needs to learn from countries that had previously fall behind but was quick to rebound and move forward. "We need to be the leader in regional economy," he added.

MALAYSIA menyasarkan untuk berada dalam senarai 30 ekonomi terbesar dunia dalam jangka masa sederhana yang mahu dicapai sebelum 10 tahun, kata Datuk Seri Anwar Ibrahim.

Ia adalah antara tujuh penanda aras sebagai sasaran jangka sederhana yang mahu dicapai dalam penstrukturan semula ekonomi negara menerusi kerangka Ekonomi Madani: Memperkasa Rakyat yang dilancarkan semalam.

Selain sasaran itu, kerangka ekonomi berkenaan turut menetapkan Indeks Daya Saing Global di tangga ke-12 teratas dunia; peratusan pendapatan buruh mencapai 45 peratus daripada jumlah keseluruhan pendapatan; kadar penyertaan wanita dalam tenaga buruh mencapai 60 peratus; Indeks Pembangunan Manusia di tangga 25 teratas dunia.; Indeks Persepsi Rasuah di tangga 25 teratas dunia dan kemampanan fiskal dengan defisit fiskal mencapai tiga peratus atau lebih rendah.

Perdana Menteri yakin Malaysia mampu mencapai sasaran besar itu dengan meneladani negara yang pernah berdepan kejatuhan, namun tangkas dan bangkit semula ke hadapan.

"Mahu tidak mahu, kita mesti menjadi jaguh ekonomi serantau. Kita perlu punyai minda global dan mengutama pengantarabangsaan ekonomi.

"Dengan demikian, kita mampu mencapai sasaran yang ditetapkan untuk muncul sebagai 30 ekonomi terbesar di dunia dalam jangka masa sederhana.

"Jika kita hanya berpuas hati dengan keadaan sekarang, ekonomi akan terus mencatat pertumbuhan antara empat hingga lim peratus, namun jika kita berusaha gigih dan melaksana pembaharuan, kita mampu mencapai 5.5 peratus, malah saya percaya adalah tidak mustahil untuk kita menghasilkan pertumbuhan enam peratus," katanya ketika berucap dalam Majlis Peluncuran Ekonomi Madani: Memperkasa Rakyat di sini, semalam.

Hadir sama, Timbalan Perdana Menteri, Datuk Seri Dr Ahmad Zahid Hamidi; Timbalan Menteri Kewangan I, Datuk Seri Ahmad Maslan; Ketua Setiausaha Negara, Tan Sri Mohd Zuki Ali dan barisan menteri yang lain.

Mengulas lanjut Anwar berkata, untuk merealisasikan sasaran besar berkenaan, negara perlu membentuk integrasi ekonomi yang lebih besar dengan negara jiran lebih-lebih lagi dunia sedang berdepan dengan kekangan rantaian bekalan.

Katanya, kita perlu melahirkan lebih banyak syarikat tempatan yang berdaya saing tinggi untuk menembusi pasaran rantau Asean.

"Usaha kita sekarang perlu melangkaui perjanjian perdagangan bebas. Misalnya melalui diplomasi perdagangan dan pengaturan strategik yang boleh mengembangkan integrasi pasaran bilateral dan multilateral serta memudahkan pergerakan barang, modal, modal insan dan perkongsian teknologi dengan negara jiran.

"Selama ini, kita tertumpu kepada aktiviti sektor utama seperti elektrikal dan elektronik (E&E) dan kimia secara keseluruhan. Melangkah ke depan, misi baharu perindustrian di bawah Pelan Induk Perindustrian Baharu 2030 (NIMP) akan menumpukan aktiviti dengan nilai tambah tinggi atau kecanggihan ekonomi.

"Misalnya, kluster di Pulau Pinang perlu menumpukan kepada aktiviti E&E bernilai tinggi seperti Integrated Circuit (IC) design. Sektor kimia pula, perusahaan petrokimia serta oleokimia perlu memberi tumpuan kepada aktiviti pembuatan kimia khusus.

"Kerajaan akan memperkenalkan insentif cukai berasaskan pencapaian bagi mendukung dan memberi ganjaran kepada syarikat yang menumpukan aktiviti berdampak tinggi," katanya.

Perdana Menteri menambah, Ekonomi Madani: Memperkasa Rakyat juga akan menjadi induk kepada beberapa lagi dasar khusus yang akan diumumkan kelak antaranya Pelan Hala Tuju Peralihan Tenaga Nasional, Pelan Induk Perindustrian Baharu 2030 dan Kajian Separuh Penggal Rancangan Malaysia Ke-12.

Beliau berkata, Ekonomi Madani menetapkan sasaran jangka pendek yang sudahpun digerakkan bagi menangani isu segera yang mengesankan rakyat.

https://fb.watch/m1_TG4fQv5/?mibextid=2Rb1fB

https://fb.watch/m1_TG4fQv5/?mibextid=2Rb1fB

SYDNEY: Asian shares jumped to five month highs on Thursday amid optimism the U.S. tightening cycle was over and the economy was heading for a soft landing, boosting the outlook for global growth and risk appetite generally.

Investors are now waiting for European Central Bank later in the day, which is also seen approaching the end of its tightening campaign, and the Bank of Japan on Friday, which is expected to maintain the ultra loose monetary policy.

The upbeat mood is set to extend to Europe, with EUROSTOXX 50 futures up 0.4% and FTSE futures rising 0.3%.

Nasdaq futures advanced 0.6%, helped by a 6.8% jump in Meta Platforms in after-hours trading. Facebook's parent company reported a strong rise in advertising revenue, topping Wall Street targets.

In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan rose 1% to the highest in five months. Japan's Nikkei also advanced 0.7% to a three-week top.

Hong Kong's Hang Seng index rallied 1.4%, driven by a 4.9% surge in Chinese property stocks, as they extend a rebound from Monday when a top Politburo meeting fuelled hopes that more support to a battered sector is on the way.

Overnight, the U.S. Federal Reserve delivered a quarter-point rate hike as widely expected. Chair Jerome Powell in his press conference said the Fed no longer expects a recession.

"Even though the Fed has left the door open for an additional rate hike before the end of the year, we believe that we've now reached peak cycle - the Fed tightening cycle is done," said David Chao, a global market strategist at Invesco.

"We expect an increasing global risk appetite as markets continue to positively re-price recession risks, and ultimately look forward to and discount an economic recovery that could begin to unfold late this year."

Futures only imply a slim chance - about 20% - that the central bank could surprise with a quarter-point increase in September. They also moved to price in sizeable rate cuts of 125 basis points by the end of next year.

On Wall Street, stocks ended little changed after the Fed hike, with the tech-heavy Nasdaq closing lower, dragged down by mostly technology stocks.

The European Central Bank is widely expected to raise interest rates by a quarter-point on Thursday, but markets sense the end is also in sight, with at most one more hike expected after this week. However, the slow retreat in inflation could pile pressure on policymakers to keep rates higher and for longer.

Another major risk event this week is the Bank of Japan meeting on Friday amid jitters of more tweaks to its ultra loose monetary policy. The majority view is policymakers would hold steady, according to a Reuters poll.

The yen climbed to as high as 139.35 per dollar but last hovered near the 140 level. Overnight dollar/yen implied volatility jumped to 36.3%, the highest since March.

The U.S. dollar continued to be pressured in Asia, off 0.3% against a basket of major currencies. Both the risk-sensitive Australian dollar and New Zealand dollar were up 0.8%.

Treasury yields were mostly steady on Thursday. The yield on 10-year Treasury notes held at 3.8610%, after a drop of 6 basis points overnight, while the rate-sensitive two-year was little changed at 4.8329%, having also eased 7 bps.

Elsewhere, oil prices were higher. Brent crude futures were up 0.9% at $83.69 per barrel and U.S. West Texas Intermediate crude futures rose 1% to $79.59.

Gold prices edged up 0.2% to $1,976.18 per ounce. - Reuters

Kuala Lumpur: Syarikat berkaitan kerajaan (GLC) dan syarikat pelaburan berkaitan kerajaan (GLIC) dijangka memacu pelaburan langsung domestik (DDI) dan menyokong pembangunan vendor tempatan dalam sektor strategik, seperti elektrik dan elektronik (E&E), ekonomi digital dan aeroangkasa.

Menteri Pelaburan, Perdagangan dan Industri Datuk Seri Tengku Zafrul Aziz berkata kementeriannya berbesar hati kerana DDI akan menjadi salah satu daripada petunjuk prestasi utama (KPI) kerana apa yang memberi keyakinan terhadap dasar pelaburan negara adalah pelabur domestik.

Ekonomi MADANI: Rangka Kerja Pemerkasaan Rakyat yang dilancarkan hari ini akan menangani pembaharuan struktur yang diperlukan untuk menghentikan kitaran ekonomi berbahaya negara iaitu kos tinggi, gaji rendah, untung rendah dan nilai kurang kompetitif, beberapa isu ini diburukkan lagi oleh pandemik.

"Kerajaan akan memberi tumpuan untuk menggalakkan kedua-dua DDI dan pelaburan langsung asing (FDI) dalam membangunkan Malaysia sebagai ekonomi terkemuka di Asia dan memastikan wujud limpahan ekonomi yang positif kepada rakyat," katanya pada majlis menandatangani kerjasama strategik antara Citaglobal Bhd dan MASDAR di sini, hari ini.

Beberapa inisiatif utama yang diumumkan di bawah Ekonomi MADANI yang secara langsung di bawah bidang kuasa Menteri Pelaburan, Perdagangan dan Industri (MITI) ialah penubuhan zon kewangan khas di Johor untuk menarik pelabur global dan pekerja berpengetahuan untuk menetap di Malaysia.

Kedua, peruntukan awal RM100 juta untuk menaik taraf infrastruktur industri sedia ada menjadi lebih hijau (mesra alam) serta meningkatkan pembangunan modal insan bagi memenuhi keperluan pelabur, kawasan sasaran termasuk sektor petrokimia di Kerteh, Terengganu, pusat data di Sedenak, Johor dan industri getah hiliran di Kuala Nerang, Kedah.

Ketiga, Pulau Pinang akan digalakkan untuk bergerak melangkaui pemasangan semikonduktor penyumberan luar dan penyedia perkhidmatan ujian (OSAT) bernilai lebih rendah dan memberi lebih tumpuan kepada industri semikonduktor bernilai tinggi seperti reka bentuk litar bersepadu (IC).

Empat, kerajaan akan memperuntukkan RM1 bilion untuk membiayai, memupuk dan mengantarabangsakan syarikat pemula niaga dan perusahaan kecil dan sederhana (PKS) tempatan untuk merangsang pertumbuhan eksport, sebanyak RM1 bilion ini akan dipadankan oleh dana swasta untuk menyokong syarikat pemula niaga tempatan dan mempromosikan usahawan teknologi.

"Kelima, kerajaan juga akan melaksanakan dasar perindustrian berfokuskan negeri untuk mengurangkan jurang pembangunan antara negeri maju dan kurang membangun seperti mengukuhkan industri hiliran minyak dan gas (O&G) di Sabah dan Terengganu atau meningkatkan aktiviti nilai tambah dalam sektor elektrik dan elektronik (E&E) di Kulim dan Bayan Lepas.

"Terdapat juga pelepasan cukai untuk firma yang mewujudkan pekerjaan berpendapatan tinggi di negara ini, serta semakan semula insentif pelaburan sedia ada untuk memastikan situasi menang-menang lebih baik untuk rakyat/perniagaan dan pelabur kita."

Semua langkah ini dan banyak lagi bertujuan untuk menjadikan Malaysia antara 12 ekonomi teratas di dunia daripada segi daya saing dan kemudahan pelabur menjalankan perniagaan serta disenaraikan dalam 30 ekonomi teratas di dunia dalam jangka sederhana dan panjang," katanya.

Miti Minister Tengku Datuk Seri Zafrul Abdul Aziz

KUALA LUMPUR: Government-Linked Companies (GLCs) and Government-Linked Investment Companies (GLICs) are expected to drive domestic direct investments (DDIs) and support the development of local vendors in strategic sectors, such as electrical and electronics (E&E), digital economy and aerospace.

Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz said his ministry is pleased that DDI will become one of the Key Performance Indicators (KPIs) because "nothing spells confidence in our investment policies better than our own domestic investors ploughing their money back into their country.”

The Madani Economy: Rakyat Empowerment Framework launched today will address the structural reforms required to stop the country’s dangerous economic cycle of high cost, low salary, low profit and less competitive value. Admittedly several of these issues were made worse by the pandemic.

"The government will focus on encouraging both DDI and foreign direct investment (FDI) in developing Malaysia as a leading economy in Asia and ensuring that there will be positive economic spillover to the people,” he said at the strategic collaboration signing ceremony between Citaglobal Bhd and MASDAR here today.

Some of the key initiatives announced under the Madani Economy that are directly under MITI’s purview are the establishment of a special financial zone in Johor to attract global investors and knowledge workers to reside in Malaysia.

Second, a RM100 million initial allocation for upgrading existing industrial infrastructure to be ‘greener’ as well as enhancing human capital development to meet investors’ needs. Target areas include the petrochemical sector in Kerteh, Terengganu, data centres in Sedenak, Johor and the downstream rubber industry in Kuala Nerang, Kedah.

Third, Penang will be nurtured to move beyond lower value Outsourced Semiconductor Assembly and Test (OSAT) and to focus more on high-value semiconductor industries such as IC design.

Four, the government will allocate RM1 billion to finance, cultivate and internationalise startups and local SMEs to spur export growth. This RM1 billion will be matched by private funds to support local startups and promote technopreneurs.

"Five, the government will also implement state-focused industrial policies to reduce the development gap between developed and underdeveloped states, such as strengthening the O&G downstream industry in Sabah and Terengganu; or increasing value-added activities in the E&E sector in Kulim and Bayan Lepas.

"There will also be tax breaks for firms creating high-income jobs in this country, as well as a review of existing investment incentives to ensure a better win-win situation for both our people/businesses and investors.”

All these measures, and more, aim to make Malaysia among the top 12 economies in the world in terms of competitiveness and investors’ ease of doing business, as well as to be in the top-30 economies globally in the medium to longer-term,” he said. - Bernama

KUALA LUMPUR: Prominent economist Anthony Dass believes that Malaysia's economy has "somewhat come out of the woods”, thanks to the clear governance, better confidence from domestic consumers and businesses, and improving engagement with foreign investors and the local business community by Prime Minister Datuk Seri Anwar Ibrahim.

Dass said the cost of living and the ease of doing business had improved slightly.

He said a higher online spending base of RM141.80 was recorded in May 2023 versus a trough of RM77.50 in April 2020, while a decline in the unemployment rate to 3.5 per cent was registered in May 2023 as compared to a peak of 5.3 per cent in May 2020.

Additionally, business loan availability in May 2023 stood at 113 points (base of 100 points in January 2020) as compared to 101.6 points registered in December 2020, he said.

He said the ringgit had also strengthened against the US dollar to the current level of around 4.55 and about 4.24 at end-January 2023 compared to the levels between 4.67 and 4.78 before the 15th General Election held on Nov 19, 2022.

"Now, foreign workers issues are also better," Dass told Bernama when asked to comment on Malaysia's economic outlook after the International Monetary Fund (IMF) revised their projection upward for the 2023 gross domestic product (GDP) growth to three per cent on Tuesday.

The IMF in its latest World Economic Outlook report projected global real GDP growth of three per cent in 2023, up 0.2 percentage point from its April forecast, but left its outlook for 2024 unchanged, also at three per cent.

good to privatise and direct nego with the indons and arabs if they wanted to takeover :)

MGO at 20sen , mungkin :)

Yes, it is possible for Progressive Impact Corporation Berhad (PICORP) to be taken over. As a public listed company, PICORP is subject to the takeover provisions of the Malaysian Securities Commission (SC). These provisions allow a person or group to acquire a controlling interest in PICORP by making a takeover offer to the shareholders.

There are a number of factors that could make PICORP a target for a takeover. These include:

The company's strong financial performance. PICORP has been profitable for many years and has a healthy balance sheet.
The company's leading market position in the Malaysian environmental market. PICORP has a market share of approximately 20% in the instruments and monitoring systems and laboratory testing services segment.
The company's expansion plans into new markets. PICORP is currently expanding its operations into Indonesia and Saudi Arabia.
If a takeover offer were to be made for PICORP, the shareholders would need to decide whether to accept the offer or not. The offer price would be a key factor in their decision. Other factors that they would consider include the future prospects of the company and the strategic fit of the acquirer.

Overall, it is possible for PICORP to be taken over. However, whether or not a takeover offer is made, and whether or not it is successful, would depend on a number of factors.

https://www.buletintv3.my/detik-niaga/plc-perlu-perkasa-portfolio-esg-rangsang-pasaran-ekuiti-tempatan-rafizi/

INVESTKL berjaya menarik masuk RM2.48 bilion pelaburan komited pada separuh pertama 2023 yang membawa kepada penciptaan lebih 6,800 peluang pekerjaan eksekutif untuk rakyat Malaysia.

Pelaburan itu diperoleh di tengah-tengah cabaran global semasa, sekali gus menunjukkan bahawa cadangan Greater Kuala Lumpur (Greater KL) sebagai destinasi pelaburan utama sudah mantap, lengkap dengan infrastruktur digital yang teguh, kemudahan menjalankan perniagaan, ekosistem yang dipacu oleh aktiviti teknologi inovatif dan persekitaran yang memupuk bakat.

Menteri Pelaburan, Perdagangan dan Industri (MITI), Tengku Datuk Seri Zafrul Abdul Aziz berkata, Malaysia komited kepada dasar yang bertujuan untuk mewujudkan ekosistem perniagaan bernilai tinggi untuk menarik pelaburan strategik, serta merealisasikan pertumbuhan jangka panjang yang mampan dan inklusif ke dalam negara.

"Kejayaan berterusan InvestKL dalam mendapatkan pelaburan berkualiti untuk kawasan Greater KL adalah bukti landskap perniagaan Malaysia yang kondusif yang seterusnya telah membangunkan daya saing dan daya tahan Malaysia di peringkat global.

"Disokong oleh dasar yang kukuh mengenai industri, pelaburan dan eksport, MITI bersama-sama dengan agensinya seperti InvestKL, akan terus meningkatkan kemudahan negara dalam menjalankan perniagaan dan kemudahan pelaburan, di samping menjamin prospek perniagaan domestik dan meningkatkan taraf hidup rakyat Malaysia ke arah pertumbuhan ekonomi yang lebih luas dan inklusif," katanya dalam kenyataan.

Progressive Impact Corporation Berhad (PICORP) is a Malaysian environmental solutions provider that has been operating since 1984. The company has a strong track record of growth and innovation, and is well-positioned for continued success in the years to come.

Here are some of the potential growth drivers for PICORP in 2023 and beyond:

Growing demand for environmental solutions. The global environmental market is expected to grow at a CAGR of 7.2% from 2021 to 2028. This growth is being driven by a number of factors, including increasing awareness of environmental issues, government regulations, and technological advancements.
Expansion into new markets. PICORP has already established a strong presence in Malaysia, and is now looking to expand into new markets in Southeast Asia and beyond. The company has a number of strategic partnerships in place that will help it to achieve this goal.
New product development. PICORP is constantly investing in research and development, and is developing new products and services that meet the needs of its customers. This focus on innovation will help the company to stay ahead of the competition and maintain its market share.
Overall, PICORP is well-positioned for continued growth in 2023 and beyond. The company has a strong track record, a focus on innovation, and a growing market. If the company can continue to execute on its plans, it is likely to achieve its growth goals.

Here are some specific examples of how PICORP is expanding its business and developing new products:

The company has recently opened a new office in Indonesia, which will help it to expand its reach into that market.
PICORP is also developing a new line of water treatment products that will help it to address the growing demand for water purification solutions.
The company is also working on a new pest control product that will be more effective and environmentally friendly than existing products.
These are just a few examples of the ways that PICORP is positioning itself for growth in the years to come. If the company can continue to execute on its plans, it is likely to achieve its growth goals.

H: Pelabur asing sokong pemulihan mantap bursa

FBM KLCI teruskan trajektori menaik mengukuh atas 1,400 mata

Oleh Mahanum Abdul Aziz

mahanum_aziz@bh.com.my

Langkah pengurus dana asing yang mula mempelbagai portfolio pelaburan masing-masing menyokong pemulihan indeks FBM KLCI untuk kembali kukuh didagangkan di atas paras 1,400 mata pada masa ini, demikian menurut penganalisis.

Indeks penanda aras Bursa Malaysia itu meningkat lebih empat peratus untuk kembali mengukuh atas paras 1,400 mata berbanding 1,376.68 yang dicatatkan pada 30 Jun lalu.

Pada sesi dagangan semalam, indeks FBM KLCI meneruskan trajektori menaiknya untuk hari kelima berturut-turut, apabila meningkat 0.87 peratus atau 12.50 mata kepada 1,449.29.

Bagaimanapun, prestasi pasaran saham tempatan setakat tahun ini mencatatkan penurunan sebanyak 3.09 peratus.

Naib Presiden Penyelidikan Ekuiti Rakuten Trade Sdn Bhd, Thong Pak Leng, dalam satu nota penyelidikan berkata, indeks FBM KLCI mencatatkan satu lagi hari yang positif berikutan pengumpulan meluas dalam kaunter saham mewah.

"Kami percaya keadaan ini akan berterusan memandangkan kepelbagaian portfolio oleh beberapa dana asing mungkin telah memulakan peningkatan yang baik baru-baru ini di rantau ASEAN," katanya.

Pelabur asing baru-baru ini kembali memberikan tumpuan kepada saham tempatan selepas menjadi penjual bersih di Bursa Malaysia selama 12 minggu berturut-turut.

Mereka meneruskan aktiviti belian di Bursa Malaysia minggu lalu dengan membeli saham bernilai RM179 juta berbanding RM570.9 juta dicatatkan minggu sebelumnya.

Bagaimanapun, secara terkumpul pelabur asing melakukan jualan bersih bernilai RM3.7 bilion setakat tahun ini.

Pelabur runcit dan institusi tempatan pula masing menjadi pembeli bersih saham-saham di Bursa Malaysia setakat tahun ini yang masing-masing berjumlah RM3.53 bilion dan RM165.8 juta

Sementara itu, RHB Research berkata, pasaran saham tempatan mungkin terus tidak menentu hingga hari Pilihan Raya Negeri (PRN).

Ia berkata, kejelasan politik dan makroekonomi lebih nyata akan menjadi faktor pendorong kepada pasaran saham tempatan.

"Pada pendapatan harga (P/E) 13.9 kali bagi unjuran tahun kewangan 2024, penilaian tidak begitu tinggi, namun perolehan korporat rapuh dan kelemahan nilai mata wang ringgit berbanding dolar Amerika Syarikat (AS) menjadi risiko utama.

"Namun, keadaan pasaran yang sementara lemah ini harus dilihat sebagai peluang keemasan untuk membina kedudukan ekuiti secara beransur-ansur," katanya.

RHB Research juga memberikan saranan wajaran tinggi terhadap sektor perbankan, minyak dan gas, utiliti, bahan asas, institusi kewangan bukan bank, penjagaan kesihatan, pembinaan dan hartanah.

Mengenai sasaran FBM KLCI akhir 2023, ia menjangkakan indeks penanda aras itu pada paras 1,500 mata.

10-20sen by year-end , enjoy the ride

Lepas prn, Big jump, umum dapat projek baru lagi 1 lompatan. Sabar ya

Infrastructure projects tak terhingga, semua perlukan serves picorp. +++ ya!

https://uk.investing.com/news/stock-market-news/chinese-property-stocks-rally-on-stimulus-promises-3094175

https://uk.investing.com/news/economy/asia-shares-rally-after-china-pledges-economic-support-steps-3094079

Once the 10sen threshold dah pecah, fly like crazy :)