Superup96

Superup96 | Joined since 2021-09-04

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

29

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
29
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2022-07-26 20:11 | Report Abuse

Next target 0.08

Stock

2022-07-26 17:13 | Report Abuse

Go Sapura will start the party soon

Stock

2022-07-26 16:51 | Report Abuse

Collect more 0.045

Stock

2022-07-26 16:34 | Report Abuse

Besok Sapura ikut jalan

Stock

2022-07-25 13:59 | Report Abuse

Go Econbhd-Wa target price 0.11

Stock

2022-07-25 11:49 | Report Abuse

Construction GoGoGo

Stock

2022-07-25 11:49 | Report Abuse

Econbhd will follow in the footsteps of AGES

Stock

2022-07-25 11:48 | Report Abuse

Econbhd will follow in the footsteps of AGES

Stock
Stock

2022-05-05 17:01 | Report Abuse

1sen better than burning

Stock

2022-05-05 13:53 | Report Abuse

Bought 4sen, cut lose 1sen. Net cash company also die

Stock

2022-05-05 11:05 | Report Abuse

Cut lose and don't look back

Stock

2022-04-29 15:32 | Report Abuse

Gogogo Econpile

Stock

2022-04-27 22:00 | Report Abuse

Barakah? Ikhmas? Seacera......

Stock

2022-04-27 20:47 | Report Abuse

What is the next company to be delisted?

Stock

2022-04-22 22:55 | Report Abuse

KUALA LUMPUR (April 22): Urusharta Jamaah Sdn Bhd (UJSB) has ceased to be a substantial shareholder in Practice Note 17 (PN17) company Brahim’s Holdings Bhd.

In a bourse filing, Brahim’s disclosed that UJSB had disposed of 44.55 million shares equivalent to a 19.28% stake in the loss-making in-flight caterer on April 8 — thus ceasing to be a substantial shareholder.

UJSB is an investment holding and asset management company wholly owned by the Minister of Finance Inc (MoF Inc).

Sponsored Content

Setia Eco Glades Adds fantasy-themed development to its stable
Setia Eco Glades in Cyberjaya has come a long way since it was launched in 2012. It has turned out to be the award-winning, eco-centric township that developer S P Setia Bhd had planned.

READ MORE
According to Brahim's 2020 annual report, UJSB was the largest shareholder of the group with a 19.28% stake.

UJSB had acquired the 44.55 million shares on Dec 28, 2018 after it was transferred by Lembaga Tabung Haji as a result of a restructuring exercise at the pilgrimage fund.

Notably, the disposal of the shares was made on the same day that Bursa Malaysia had rejected Brahim’s application for an extension of time to submit its regularisation plan, which resulted in a slump in the company’s share price.

On April 8, Brahim's announced that Bursa had rejected its application and that its share would be suspended and subsequently delisted. The company had previously stated its intention to appeal against the bourse’s decision to delist its shares.

However, Bursa proceeded to suspend the trading of the company’s securities starting April 15, even though the decision on the company’s appeal is still pending.

Brahim's was classified as a PN17 status listed issuer on Feb 28, 2019 after the level of its shareholders’ equity fell below the 25% threshold.

For the financial year ended Dec 31, 2021 (FY21), Brahim's narrowed its net loss to RM12.49 million from RM103.1 million in FY20. Revenue fell 59.29% to RM33.54 million from RM82.39 million in that period.

Brahim’s share was last traded at one sen on April 14, bringing it a market capitalisation of RM3.07 million.

Read also: Brahim's makes last ditch appeal to Bursa to put off delisting action

Brahim's plunges as much as 73.9% on rejection of extension to submit regularisation plan

Ahmad Naqib Idris
Subscribe to Mid-day email alert
We deliver news to your inbox daily
Email Address
Click here to read moreSPECIAL COVERAGE
Affin Hwang wins group award and two fund awards
AmanahRaya has a smashing year
AmFunds navigates challenging bond market to win group award
Areca wins Best Equity Malaysia awards five years in a row
HLAM wins big with 15 fund awards and a group award
Kenanga Investors wins multiple awards
Manulife Investment Management bags an award
PMB Investment wins award by seeking out undervalued stocks
Principal Asset Management wins four awards in regional categories
Public Mutual defends top position with 32 awards
UOB Asset Management takes home three awards
FEATURED VIDEOS


22 Apr 2022 | 10:25pmFeatured, Evening 5
EVENING 5: Vegetable, chicken price spikes feed food inflation

22 Apr 2022 | 07:57pmTalking Edge, Featured
OVERHEARD WITH… Datuk Dr Colin Lee

22 Apr 2022 | 06:30amMorning Call, Featured
MORNING CALL: 22/4/22

21 Apr 2022 | 09:00pmEvening 5, Featured
EVENING 5: PAC: Govt 'confused' over who appointed MySejahtera vendor

21 Apr 2022 | 06:30amMorning Call, Featured
MORNING CALL: 21/4/22

20 Apr 2022 | 09:43pmEvening 5, Featured
EVENING 5: MACC issues freeze order on Caely’s bank accounts

20 Apr 2022 | 03:25pmNews, Featured
NEWS: FAS, YTLC collaborate on 5G smart ambulance

20 Apr 2022 | 06:30amMorning Call, Featured
MORNING CALL: 20/4/22

18 Apr 2022 | 08:43pmEvening 5, Featured
EVENING 5: Caely “not aware of wrongdoing” after freeze order on bank...

18 Apr 2022 | 03:08pmBehind the Story, Featured
EDGE WEEKLY: Petronas seeks to clear the air


MOST READ
MOST WATCHED
1Maybank lists selected ATMs offering quality RM10, RM50 banknotes for Hari Raya Aidilfitri
2Malaysian ringgit skids past 4.32 against US dollar, lowest since May 2020
3Serba Dinamik questions SC’s motive to press charges, alleges SC threatened staff
4MAHB, Serba Dinamik, Boustead, Tomei, E

Stock

2022-04-22 12:40 | Report Abuse

Fortunately they were cut lose before suspended

Stock

2021-09-14 10:55 | Report Abuse

Good luck to you. I've sold my existing shares, for the price now i don't think about subscribe anymore.

Stock

2021-09-14 10:42 | Report Abuse

MZM, have you subscribe?

Stock

2021-09-13 14:22 | Report Abuse

Maybe it's good for you, not to have subscriber. Looks on the price now. Haha

Stock

2021-09-13 12:29 | Report Abuse

I'm sure I don't subscribe if the price below 0.065.Feeling every disappointment de for this Price easily to jump, hard to up

Stock

2021-09-13 11:49 | Report Abuse

Do you guys subscribe? really undecided

Stock

2021-09-04 16:19 | Report Abuse

Continue to be patient, believe that the price will be higher by end of the year. Its trend is similar to Dnex previously

Stock

2021-09-04 10:41 | Report Abuse

Armada will be other one Dnex