http://www.bursamalaysia.com/market/listed-companies/company-announcements/5542293

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5535253

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5534469

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5530941

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5511841

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=181820&name=EA_DS_ATTACHMENTS

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=181819&name=EA_DS_ATTACHMENTS

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5496849

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5453957

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5450165

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5433745

Yeahhh perisai is goreng may... Standby

http://www.thesundaily.my/news/2017/04/18/perisai-petroleum-unit-inks-deal-demobilise-vessel-rm24-million

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5355317

This article first appeared in The Edge Financial Daily, on January 13, 2017.


KUALA LUMPUR: Sumatec Resources Bhd has come out to emphasise that the group’s former bondholders’ demand for RM72.33 million would not affect its financials as its substantial shareholder has pledged to absorb the impact should the obligation materialise.

Sumatec spokesman Gary Liew told The Edge Financial Daily that the group’s board of directors had decided to bring the dispute to court and let the process takes its course.

“Even if the court’s judgement is in favour of the bondholders, Markmore [Sdn Bhd] will be the one that makes the payment. Sumatec will not be affected,” he said, adding that the claim relates to legacy issues that to the group’s understanding had been settled when it disposed of Semua International Sdn Bhd.

Liew said that from Sumatec’s perspective, the disposal had been completed and Semua International is no longer in the group’s books after the regularisation plan back in 2013.

Markmore, which is 99.9% owned by Tan Sri Halim Saad, has a 19.61% stake in Sumatec.

In fact, Liew revealed that Sumatec and Markmore had entered into an agreement for the latter to make the said payment by using the RM480 million proceeds it will receive from the disposal of the Rakushechnoye oil and gas field in Kazakhstan.

Sumatec’s announcement on the bondholders’ demand on Jan 9 did say that Markmore would bear the RM72.33 million claim.

“Although they (bondholders) demanded a settlement within 14 days, now that we are bringing it to court, we will have to wait for the court to decide,” he explained.

“We [would] also like to clarify that Sumatec’s financial standing remains strong because no matter we win or lose the case, the liability exposure is not sitting within the group,” he added.

Last August, Sumatec proposed to acquire a 100% stake in Markmore Energy (Labuan) Ltd (MELL) from Markmore for US$250 million or RM1 billion based on an exchange rate of US$1 for RM4.

MELL, through its wholly-owned subsidiary, Markmore Central Asia BV, holds the entire participatory interest in CaspiOilGas LLP (COG), which in turn is the concession owner of the Rakushechnoye field.

Sumatec on March 8, 2012 entered into a joint investment agreement with MELL and COG to appoint Sumatec as the operator of the said field.

Under the agreement, Sumatec is entitled to 100% of profit for the first two million barrels of oil produced, and thereafter 50% of the profit.

Sumatec also proposed a par value reduction and rights issue to raise funds for the acquisition.

The par value reduction involves cancellation of four sen per share to 10 sen per Sumatec share.

The rights issue aims to raise as much as RM750.91 million, of which RM480 million is slated for the acquisition of MELL.

Aside from cash payment, the acquisition would be satisfied via issuance of up to 1.44 billion new Sumatec shares at an issue price of 10 sen apiece, equivalent to RM144 million; and issuance of up to 3.76 billion redeemable convertible preference shares (RCPS) amounting to RM376 million, at an issue price of 10 sen per RCPS.

Subsequent to the announcement of the former bondholders’ settlement demand on Monday, Sumatec shares fell 1.5 sen or 15.79% to close at eight sen yesterday.

Nevertheless, Liew is confident that the share price movement is unlikely to affect Sumatec’s proposals to acquire MELL and the rights issue.

At eight sen per share, Sumatec has a market value of RM309.29 million.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5309493
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5309501
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5309693

pacak tianglahhhh... m3tech green up

M3TECH - Unusual Market Activity
M3 TECHNOLOGIES (ASIA) BERHAD

Bursa Malaysia Securities Berhad has on 24 August 2016 issued an UMA query on the sharp fall in price of the Company’s shares recently.

In this respect, investors are advised to take note of the Company’s reply to the above UMA query which will be posted

The contents of the UMA query is as follows:-

We draw your attention to the sharp fall in price of the Company’s shares recently (“trading activity”).


In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with Rule 9.11 of ACE Market Listing Requirements ("LR"):-

1. whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision;

2. whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Rules 9.09 and 9.10 of the LR;

3. whether you are aware of any other possible explanation to account for the trading activity; and

4. whether you are in compliance with the LR, in particular Rule 9.03 of the LR on immediate disclosure obligations.

Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.

M3TECH -Renounceable rights issue of up to 395,152,428 new ordinary shares of RM0.10 each in M3Tech (M3Tech Shares) (Rights Shares) together with up to 296,364,321 free detachable warrants (Warrants) at an issue price of RM0.10 per Rights Share on the basis of four (4) Rights Shares together with three (3) Warrants for every two (2) existing M3Tech Shares held (Rights Issue with Warrants)
M3 TECHNOLOGIES (ASIA) BERHAD

Kindly be advised that the abovementioned Company's:

i) additional 389,525,880 new ordinary shares of RM0.10 each issued pursuant to the aforesaid Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Thursday, 25 August 2016; and

ii) 292,144,409 Warrants issued pursuant to the aforesaid Rights Issue with Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants on the ACE Market will be granted with effect from 9.00 a.m., Thursday, 25 August 2016.

The Stock Short Name, ISIN Code and Stock Number of the Warrants are "M3TECH-WA", "MYQ0017WAT85" and "0017WA" respectively.

Going up... Returns....

http://www.theedgemarkets.com/my/article/stock-momentum-zelan?type=Corporate

http://www.theedgemarkets.com/my/article/zelans-2q-net-profit-down-272-lower-gross-profit-net-finance-income

top up.... top up... all.... yeahhhh

cayoolahhhhhh....... first giear 1........ ok

http://www.theedgemarkets.com/my/article/affin-lii-hen-elsoft-tan-chong-motor-kian-joo-amcorp-prop-tune-protect-csc-steel-perisai

http://www.theedgemarkets.com/my/article/zelan-seeks-rm4955m-meena-breach-contract

wait.... big surprise....

hehehehehehehehehe........

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5181341

Ini zelan punya enjen... Blum pasang turbo lgi... Hrap bersabar... Yeahhhhh :)

Iris Corp bags Nigeria e-passports deal worth RM170.4m
Posted on 12 August 2016 - 05:36am

PETALING JAYA: Iris Corp Bhd has bagged a US$42.49 million (RM170.37 million) contract for the supply of 2.5 million units of 32-page e-passport for Nigeria.

In a filing with the stock exchange, the group said it had entered into a supply agreement with Iris Smart Technologies Ltd for the three-year deal.

Iris Smart Technologies, which was incorporated under the laws of Nigeria, is a system integrator and solution provider for the establishment and management of citizen database and identity management.

The implementation of the agreement will be financed with internal funds and bank borrowings, the group said, adding that the deal will contribute positively to its earnings and earnings per share for this and coming financial years.

Iris Corp noted that it may be subject to unavoidable delays which may arise from non-compliance of specifications and capabilities pursuant to the performance. The delays may then affect profit margins as time will be spent to resolve the issues and will delay the recognition of revenue.

Iris Corp said it will seek to limit the risks through prudent financial management and efficient operating procedures.

tp 50... standby... bila2 masa jew... nk goreng kau2 punya....:)

http://www.mmc.com.my/power_plant.asp

http://www.thesundaily.my/news/1926234

http://www.theedgemarkets.com/my/article/jaks-resources-zelan-gamuda-tenaga-tadmax-ock-wah-seong-misc-tien-wah-pentamaster monday... pasti meletuuuup !!!!!boooommmm!!!!!!!

gua.... mesti kasi hamtam kuat2 ini hiapteck... boss besar kata ini mau panjat menara atas langit:) tq... my bosss..... yeahhhhhhhhh

yess..... star ogoss nasi goleng special mari.... 60cent yeahhhhhh

sapu wb.... kasi piccahlahhh:0

itu wa... mau kasi stable.. sama wb....

sure'''''sure''''' yap! yap!.......:)

yeah........... terbaikkkkk

mesntilah... 200% aku percaya ni counter mau terbang punyer:) beli jangan X beli rugi besar melopong kang,,,,

sure up.... buy2... :)

KUALA LUMPUR: Mexter Technology Bhd’s share price recently tripled from seven sen to a five-year high of 21 sen in just one week from May 26 to June 2.

The surge was curious considering Mexter has been loss-making for the past four financial years and its ballooning accumulated losses, which were RM22.88 million as at March 31, have eaten into its shareholders’ funds.

Interestingly, there were changes in Mexter’s shareholding when its share price was on the steep climb.

On May 27, Bursa Malaysia filings showed that Mexter non-executive director Kuan Khian Leng sold 51.55 million shares or a 26.2% stake in the company at 15 sen per share through an off-market deal. Subsequently, he ceased to be the company’s largest shareholder.

Kuan, the son of Fajarbaru Builder Group Bhd chairman Tan Sri Kuan Peng Ching @ Kuan Peng Soon, then resigned from Mexter’s board on June 1.

Meanwhile, Mexter managing director Ivan Sia Teck Fatt disposed of 10 million shares, or a 5.08% stake, on the same day and at the same price. Sia was left with 11.22 million shares or a 5.7% stake in Mexter after the share sale.

In total, Kuan and Sia sold 61.55 million shares or a 31.2% stake in total on May 27.

Lim Yin Chow bought 55.85 million shares, representing a 28.4% stake, through his private investment vehicle LYC Capital Sdn Bhd from the duo.

However, it is not known who has bought the remaining 2.8% stake.

The changes in shareholding prompted many to wonder why Lim wanted to control the loss-making company, which derives its earnings from mobile messaging services.

Did he intend to inject healthcare service business, an area that Lim is familiar with, into Mexter?

Lim was credited as a co-founder of the HSC Medical Centre in Kuala Lumpur with his then-business partner Dr Soo Chee Siong. It was reported that Lim had since divested his stake in HSC.

A company search on LYC Capital states that the company is in the business of providing advisers, consultants and trainers in the medical sector and for health products. LYC Capital was incorporated in 2014, and its two shareholders are Lim and his wife Chen Kang Hui.

Another development that the authorities would be taking note of is the appointment of a new chairman of the audit committee of Mexter, after the resignation of Andrew Su Meng Kit on June 17.

In Mexter’s annual general meeting on June 16, shareholders passed a resolution to retain Su as a senior independent non-executive director of Mexter.

However, the very next day, Su resigned as independent and non-executive director, and as chairman of the audit committee, with the reason that he had been an independent director for more than nine years and it was good for the company to appoint someone new to the role.

It is not known what Lim has in the pipeline for Mexter after he takes over. But one thing for sure is that Lim will have to revive Mexter’s financial health.

The company’s shareholders’ funds amounted to RM10.53 million as at March 31, which were equivalent to 53.5% of its paid-up share capital of RM19.68 million. This is not that far from the minimum requirement of at least 50% under Bursa Malaysia’s ACE Market listing rules.

Should Mexter remain in the red, it would be on the verge of being categorised as a Guidance Note 3 company, which shareholders’ equity is equal to or less than 50% of the issued and paid-up capital of the corporation. It will have to regularise its financials under the listing rules.

Mexter has recently announced a change in its financial year end from Dec 31, 2016 to March 31, 2017.

After three consecutive quarters of losses, Mexter reported a net profit of RM60,000, on revenue of RM11.2 million, for the quarter ended March 31, which the company attributed to higher sales from its mobile services division following a stronger market demand.

yeah........... standby garenggg

The dependency of energy towards Gas and Coal power plants are still being practiced widely in Malaysia even there is an alternative to improve the energy supply. The need for solar technology in power industry is to enhance cost efficiency and clean environmental. It is also amazing that solar power plant can harness freely the sun as a power source. This new inventions are seemingly important to tap an unlimited supply of the power from the sun. It could change the paradigm of norm power industry practice. Unlike other developed countries such as U.S., Spain, etc, Malaysia is still lagging behind in implementing it despite it has already started few years back.

Presently, few public listed companies has made a major steps towards developing a solar project that can benefit in many ways. The most recent, Vsolar Bhd and Trive Property Group Bhd have inked memorandum of outstanding (MOU) with UTM and Fortunate Solar Technology Ltd respectively to establish a partnership relating to solar business. It is still an early stage of the development, yet it will bear fruit once it become concrete in pursuing it. Both companies are financially loss making on their other businesses and with the solar business in the pipeline, they hope this new business can generate a recurring income to return to black.

In contrast, it is a different story to PUC Founder Bhd, who has made an earlier move in this renewable energy business than those two companies. The company has signed MOU with Founder Energy Sdn Bhd and PW Consolidated Bhd in relation to the collaboration and working together to build and operate a ecotype biogas electricity plant. Aside from that, this is nothing new to the Company that has track record been awarded contracts to build and install a mini solar power plant.

PUC Founder Bhd has also recently completed its raising fund to be utilised to construct more several solar PV plants. The plants are ranging from a minimum capacity of 4 MW up to a maximum of 15 MW, with the intention to sell Renewable Energy to be generated from the solar PV plants, via the Feed-in-Tariff system. Fundamentally, the Company is in black as compared to those above companies banking on its existing business, particularly advertising and media segment. With solar business come into a direction to lead the Company, the bulk of income will be coming from this segment in the near future.

It is a great sadness and unfortunate that the Company has loss its founder after a sudden illness. Having said that, the board of the company remains confident with the management's abilities to continue with the Group’s initiatives and plans. The Group has an experienced management team, most of whom have been with the Group for years. Indeed, BIMB Securities has initiated coverage the Company with a BUY call and target price of 18sen after fully dilution of warrants and ICULS. At its current price, it is impossible to see a dilution and based on the broker's minimum case scenario of no exercise, the Company is worth more than 20sen.

Last but not least, the world lacks for enewable energy and sustainable enery business!

dont sell dis weeks kasi hantam kuat..2 raya sakan punya

goreng... maaa kikikikiki

50cent..... dont worry:)

like.......... greeennnnnnnnnnn