Got out first... Come back again later...

The more you talk the more it stagnant

The report so powerful?

Ibu jalan anak tak jalan

Game still on?

Something brewing?

Naughty Iris

Under the radar... Nice momentum build-up... Something is brewing...

Blocking at 0.315? Big block collecting/change hands between 0.305-0.310?

UMA=U sudah makan belum?

Talk only, no need to be held responsible

Apa cerita?

Hopefully will breach RM2 mark tmr...

Hesitate to break the RM2 mark...

ka ki gong ka ki song

means simon333 selling?... Lol...

severely oversold

Volume so low... Selling done? Time to reverse?

As expected... Many hooha sure no show...

so exaggerate... sure no show again today... Lol...

simon333 shiok sendiri saja...

PDZ moving

Ppl are very frus with pdz... I think it's a signal to buy now...

Ppl are very frus with suma... It's a signal to buy now...

Chris: See it and forget it...

simon333 aka martin333 aka CBC... enough pls...

i opined the banker is suppressing the price and collecting...

Interesting week become another week of nothing happening again goes by...

another conman

Apa apa pun tada

Bayang pun tada oh

http://www.thestar.com.my/Business/Business-News/2014/11/08/Halim-and-associates-to-helm-PDZ-Megalink-Industries-will-substantially-increase-its-stake-in-the-sh/?style=biz

@musashi69 : i am cautiously optimistic...

@Kakisaham: Nobody knows. We shall see. :)

A sumatec 2.0

PDZ seems to be Sumatec 2.0.

MULTIPLE PROPOSALS PDZ HOLDINGS BERHAD (“PDZ” OR THE “COMPANY”) • PROPOSED LPG PRODUCTION; • PROPOSED SPECIAL ISSUE; • PROPOSED RIGHTS ISSUE WITH WARRANTS; • PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES; • PROPOSED DIVERSIFICATION; • PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND • PROPOSED AMENDMENTS (COLLECTIVELY, THE “PROPOSALS”)

PDZ HOLDINGS BHD

Type Announcement
Subject MULTIPLE PROPOSALS
Description PDZ HOLDINGS BERHAD (“PDZ” OR THE “COMPANY”)

• PROPOSED LPG PRODUCTION;
• PROPOSED SPECIAL ISSUE;
• PROPOSED RIGHTS ISSUE WITH WARRANTS;
• PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES;
• PROPOSED DIVERSIFICATION;
• PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
• PROPOSED AMENDMENTS

(COLLECTIVELY, THE “PROPOSALS”)

On behalf of the Board of Directors of PDZ (“Board”), M&A Securities Sdn Bhd wishes to announce that the Company had on 5 November 2014 entered into a framework agreement (“Framework Agreement”) with Ken Makmur Holdings Sdn Bhd (“KENMAKMUR”) for the proposed production of liquified petroleum gas (“LPG”) and condensate from the natural gas supplied by KENMAKMUR from the Rakushechnoye Oil and Gas Field* (“Proposed LPG Production”).
Note:-

* The Rakushechnoye oil and gas field is located within blocks XXXVIII – 11 - F (partially), 12 - D (partially), XXXIX –11 – C (partially), 12 – A (partially) in the Karakiyan District of the Mangystau Oblast, Kazakhstan (“Rakushechnoye Oil and Gas Field”).
KENMAKMUR had on 3 June 2014 signed an agreement with Markmore Energy (Labuan) Limited (“MELL”) to extract 350 metric tonne per day of LPG and 100 metric tonne per day of condensate from the 100.0 million standard cubic feet (“MMSCF”) of gas supplied by MELL from the Rakushechnoye Oil and Gas Field. CaspiOil Gas LLP (“COG”), a wholly-owned subsidiary of MELL, is the concession holder of the Rakushechnoye Oil and Gas Field. The Rakushechnoye Oil and Gas Field is a 25-year oil and gas concession awarded to COG by the Ministry of Energy and Mineral Resources (now known as Ministry of Oil and Gas of Kazakhstan) on 26 August 2000 (and expiring on 25 August 2025).
In conjunction with the Proposed LPG Production and assuming that the indicative entry costs of USD205.0 million (equivalent to approximately RM656.0 million), which is subject to negotiation and adjustment, will be payable via a combination of cash of USD125.0 million (equivalent to RM400.0 million) and the issuance of redeemable convertible preference shares (“RCPS”) for value of USD80.0 million (equivalent to approximately RM256.0 million), the Board proposes to undertake the following:-
(a) Proposed special issue of up to 113,000,000 new ordinary share of RM0.10 each in PDZ (“PDZ Shares” or “Shares”) (“Special Issue Shares”) to independent third party investor(s) to be identified (“Proposed Special Issue”);
(b) Proposed renounceable rights issue of up to 3,438,123,500 PDZ Shares (“Rights Shares”) together with up to 1,719,061,750 free detachable warrants (“Warrants”) at an indicative issue price of RM0.22 per Rights Share on the basis of seven (7) Rights Shares for every two (2) Shares held together with one (1) Warrant for every two (2) Rights Shares subscribed (“Proposed Rights Issue with Warrants”);
(c) Proposed issuance of 1,024,000,000 RCPS in PDZ a to KENMAKMUR at an issue price of RM0.25 per RCPS (“Proposed Issuance of RCPS”);
(d) Proposed diversification of the business of PDZ and its subsidiaries into the downstream oil and gas industry which include the production of LPG/condensate (“Proposed Diversification”);
(e) Proposed increase in the authorised share capital of the Company from RM100,000,000 comprising 1,000,000,000 PDZ Shares to RM1,000,000,000 comprising 10,000,000,000 PDZ Shares (“Proposed IASC”); and
(f) Proposed amendments to the Memorandum and/or Articles of Association of the Company to facilitate the Proposed Issuance of RCPS and the Proposed IASC (“Proposed Amendments”).
(Collectively, the “Proposals”)
Further details of the Proposals are enclosed in the attachment attached herein.
This announcement is dated 5 November 2014.

MULTIPLE PROPOSALS PDZ HOLDINGS BERHAD (“PDZ” OR THE “COMPANY”) • PROPOSED LPG PRODUCTION; • PROPOSED SPECIAL ISSUE; • PROPOSED RIGHTS ISSUE WITH WARRANTS; • PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES; • PROPOSED DIVERSIFICATION; • PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND • PROPOSED AMENDMENTS (COLLECTIVELY, THE “PROPOSALS”)

PDZ HOLDINGS BHD

Type Announcement
Subject MULTIPLE PROPOSALS
Description PDZ HOLDINGS BERHAD (“PDZ” OR THE “COMPANY”)

• PROPOSED LPG PRODUCTION;
• PROPOSED SPECIAL ISSUE;
• PROPOSED RIGHTS ISSUE WITH WARRANTS;
• PROPOSED ISSUANCE OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES;
• PROPOSED DIVERSIFICATION;
• PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
• PROPOSED AMENDMENTS

(COLLECTIVELY, THE “PROPOSALS”)

On behalf of the Board of Directors of PDZ (“Board”), M&A Securities Sdn Bhd wishes to announce that the Company had on 5 November 2014 entered into a framework agreement (“Framework Agreement”) with Ken Makmur Holdings Sdn Bhd (“KENMAKMUR”) for the proposed production of liquified petroleum gas (“LPG”) and condensate from the natural gas supplied by KENMAKMUR from the Rakushechnoye Oil and Gas Field* (“Proposed LPG Production”).
Note:-

* The Rakushechnoye oil and gas field is located within blocks XXXVIII – 11 - F (partially), 12 - D (partially), XXXIX –11 – C (partially), 12 – A (partially) in the Karakiyan District of the Mangystau Oblast, Kazakhstan (“Rakushechnoye Oil and Gas Field”).
KENMAKMUR had on 3 June 2014 signed an agreement with Markmore Energy (Labuan) Limited (“MELL”) to extract 350 metric tonne per day of LPG and 100 metric tonne per day of condensate from the 100.0 million standard cubic feet (“MMSCF”) of gas supplied by MELL from the Rakushechnoye Oil and Gas Field. CaspiOil Gas LLP (“COG”), a wholly-owned subsidiary of MELL, is the concession holder of the Rakushechnoye Oil and Gas Field. The Rakushechnoye Oil and Gas Field is a 25-year oil and gas concession awarded to COG by the Ministry of Energy and Mineral Resources (now known as Ministry of Oil and Gas of Kazakhstan) on 26 August 2000 (and expiring on 25 August 2025).
In conjunction with the Proposed LPG Production and assuming that the indicative entry costs of USD205.0 million (equivalent to approximately RM656.0 million), which is subject to negotiation and adjustment, will be payable via a combination of cash of USD125.0 million (equivalent to RM400.0 million) and the issuance of redeemable convertible preference shares (“RCPS”) for value of USD80.0 million (equivalent to approximately RM256.0 million), the Board proposes to undertake the following:-
(a) Proposed special issue of up to 113,000,000 new ordinary share of RM0.10 each in PDZ (“PDZ Shares” or “Shares”) (“Special Issue Shares”) to independent third party investor(s) to be identified (“Proposed Special Issue”);
(b) Proposed renounceable rights issue of up to 3,438,123,500 PDZ Shares (“Rights Shares”) together with up to 1,719,061,750 free detachable warrants (“Warrants”) at an indicative issue price of RM0.22 per Rights Share on the basis of seven (7) Rights Shares for every two (2) Shares held together with one (1) Warrant for every two (2) Rights Shares subscribed (“Proposed Rights Issue with Warrants”);
(c) Proposed issuance of 1,024,000,000 RCPS in PDZ a to KENMAKMUR at an issue price of RM0.25 per RCPS (“Proposed Issuance of RCPS”);
(d) Proposed diversification of the business of PDZ and its subsidiaries into the downstream oil and gas industry which include the production of LPG/condensate (“Proposed Diversification”);
(e) Proposed increase in the authorised share capital of the Company from RM100,000,000 comprising 1,000,000,000 PDZ Shares to RM1,000,000,000 comprising 10,000,000,000 PDZ Shares (“Proposed IASC”); and
(f) Proposed amendments to the Memorandum and/or Articles of Association of the Company to facilitate the Proposed Issuance of RCPS and the Proposed IASC (“Proposed Amendments”).
(Collectively, the “Proposals”)
Further details of the Proposals are enclosed in the attachment attached herein.
This announcement is dated 5 November 2014.

bad market sentiment across the board

@simon84: finger crossed

Someone mentioned that deposit was forfeited. This announcement states otherwise.

No point to merge

Keep calm & hold PDZ. Cheers! :}

Just a wild guess... I think an announcement about asset injection into PDZ by Megalink is imminent...

I beg to differ... I think the recent run up is due to MARA sell half of its stake to Megalink at a price of AT LEAST RM0.27 per share... Efogen deal is irrelevant...

Is a good news... Glad that the deal doesn't go through... Why pay 18m for a 20% stake in efogen?

Very overbought. Went up so fast. Good to have a healthy correction.

Tak ada ohm for time being

Hahaha... Bagi chance sampai 430 baru sekeh...

@Kaki Saham: your gang mali kah hari ini?