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2020-10-12 23:33 | Report Abuse
Refer to KPOWER Takeover Offer case
KUALA LUMPUR (Nov 14 - 2019): Kumpulan Powernet Bhd’s substantial shareholder Datuk Dr Mohd Abdul Karim Abdullah owned 40.65 million shares, or a 53.38% stake, in the group at the close of his takeover offer yesterday.
This was announced by RHB Investment Bank Bhd on behalf of Kumpulan Powernet in a statement today.
The statement said Abdul Karim, who is also the managing director and chief executive officer of Serba Dinamik Holdings Bhd, intends to maintain the listing status of Kumpulan Powernet on the Main Market of Bursa Malaysia.
Abdul Karin made the mandatory general takeover offer on Oct 2 after raising his stake in Kumpulan Powernet to 36.49%, following the purchase of 12.25 million shares or 16.09% for RM12.25 million or RM1 per share.
He had offered to buy the remaining shares at RM1 each.
Today, Kumpulan Powernet shares closed eight sen or 5.9% higher at RM1.62, giving the group a market capitalisation of RM123.36 million.
2020-08-30 23:24 | Report Abuse
SCIB records much improved quarterly revenue, profit
By NST Business
August 27, 2020 @ 11:26pm
https://www.nst.com.my/amp/business/2020/08/620030/scib-records-much-improved-quarterly-revenue-profit
SCIB has achieved its order book target for this year with RM1.6 billion worth of works on hand as at August.
The company is proposing to undertake bonus issue of up to 367.89 million new shares on a basis of three bonus shares for every one existing shares, as well as an issuance of up to 245.26 million free warrants.
SCIB has declared a first interim single tier dividend of 2.3 sen per share, payable on September 30.
2020-08-03 00:44 | Report Abuse
Victoria declares 'state of disaster', Melbourne under curfew
02-AUGUST-2020
https://www.nst.com.my/world/world/2020/08/613389/victoria-declares-state-disaster-melbourne-under-curfew
2020-08-03 00:43 | Report Abuse
Expect ‘lengthy’ Covid-19 pandemic, warns WHO
AFP -August 2, 2020 7:11 AM
https://www.freemalaysiatoday.com/category/world/2020/08/02/expect-lengthy-covid-19-pandemic-warns-who/
2020-08-03 00:42 | Report Abuse
Dr. Fauci says coronavirus is so contagious, it won’t likely ever disappear
UPDATED FRI, JUL 31 20202:30 PM
https://www.cnbc.com/2020/07/31/dr-fauci-says-coronavirus-is-so-contagious-it-wont-likely-ever-disappear.html?__source=androidappshare
2020-07-27 11:55 | Report Abuse
Sarawak Pakatan to finalise seats for November polls today (July 27), say sources
NATION
Monday, 27 Jul 202011:35 AM
https://www.thestar.com.my/news/nation/2020/07/27/sarawak-pakatan-to-finalise-seats-for-november-polls-today-july-27-say-sources
2020-07-26 22:38 | Report Abuse
India to remain palm oil buyer, but Malaysia must not be complacent — expert
KUALA LUMPUR (July 24): India will remain the main export destination for the world's top largest palm oil producers — Indonesia and Malaysia — for the foreseeable future given the time taken for India to get its agriculture sector upgraded and modernised, Palm Oil Analytics owner and co-founder Dr Sathia Varqa said.
The Edge Markets
https://www.theedgemarkets.com/article/india-remain-palm-oil-buyer-malaysia-must-not-be-complacent-%E2%80%94-expert
2020-07-23 18:25 | Report Abuse
Tap into Romania market, MPOC urges palm oil exporters
July 23, 2020 16:25 pm
https://www.theedgemarkets.com/article/tap-romania-market-mpoc-urges-palm-oil-exporters
2020-07-23 15:51 | Report Abuse
FCPO-Aug2020 uprising
https://www.bursamalaysia.com/market_information/derivatives_prices?code=FCPO
2020-07-23 15:33 | Report Abuse
FCPO Uprising now...
Pinepac cash value per share is more than RM1...
Awaiting on special dividend...
2020-07-21 22:09 | Report Abuse
Plastics firms stretching for growth
July 21, 2020
Tomypak, a plastic flexible packaging (PFP) producer headquartered in Senai, Johor, also sees opportunities from rising demand resulting from the new norm, as people are buying more packaged food.
“There has been higher demand over the past three months, compared with the same period in prior years. Customers are also providing forecasts [for orders] for the next three to six months. This will facilitate more efficient production planning and procurement of raw materials,” the company tells The Edge via email.
Considering that Tomypak is primarily in F&B — a growing segment — it expects this year to be better than last year, not only for sales, but also for operational improvements from the transformation programme put in place in 2018.
“We expect demand for our products will continue to be strong. As the market evolves towards the new normal, there will be more opportunities to move from traditional to safer and more hygienic packaging,” it says.
Tomypak adds that shareholders will be able to see better financial results in the coming years, as a substantial part of the transformation programme has been implemented.
“This should result in much better performance. The company also hopes the trend towards more hygienic food packaging, compared with paper, will mean a larger growing market,” it says.
It adds that the plastics industry is expected to experience better growth in the immediate future.
“Naturally, with our new factory and enhanced capacity, we hope to be able to meet the expected market growth. Flexible packaging deploying new plastic-based materials that are more resistant to viruses will experience an increase in demand,” it concludes.
http://www.theedgemarkets.com/article/plastics-firms-stretching-growth
2020-07-17 09:35 | Report Abuse
A Covid-19 vaccine by September? Oxford researchers optimistic
https://www.trtworld.com/magazine/a-covid-19-vaccine-by-september-oxford-researchers-optimistic-38164/amp
2020-07-15 15:29 | Report Abuse
Malaysia aims to become vaccine-manufacturing country
July 14, 2020 @ 7:47pm
https://www.nst.com.my/news/nation/2020/07/608594/malaysia-aims-become-vaccine-manufacturing-country-nsttv
2020-07-15 09:58 | Report Abuse
Pharmaniaga - Earnings Underpinned by Stronger Sales Order
Date: 20/05/2020
Stock : PHARMA
Source : MIDF
Price Target : 3.16
2020-07-15 09:55 | Report Abuse
Moderna shares jump as much as 16% after company says its coronavirus vaccine trial produced ‘robust’ immune response
JUL 14 2020 5:00 PM UPDATED 2 HOURS AGO
https://www.cnbc.com/2020/07/14/moderna-says-its-coronavirus-vaccine-trial-produced-robust-immune-response-in-all-patients.html?__source=androidappshare
2020-07-14 14:12 | Report Abuse
The personal protective equipment market is expected to grow at a CAGR of 7.8% over the forecast period 2020-2025. The increasing number of COVID -19 cases, along with the rising industrial awareness of employee protection at the workplace, are the major factors driving the growth of the personal protective equipment market.
https://www.globenewswire.com/news-release/2020/06/08/2044788/0/en/Global-Personal-Protective-Equipment-Market-Study-2020-to-2025-Growth-Trends-and-Forecasts.html
2020-07-14 14:07 | Report Abuse
America is running short on masks, gowns and gloves. Again.
https://www.washingtonpost.com/health/2020/07/08/ppe-shortage-masks-gloves-gowns/
2020-07-13 16:05 | Report Abuse
The prospects now do look brighter, explains Tomypak executive director of finance and corporate affairs Tan See Yin.
“The trend of consuming more packed goods is expected to continue until a vaccine or cure for Covid-19 is developed."
2020-07-13 16:03 | Report Abuse
Russia first nation to successfully complete human trials of coronavirus COVID-19 vaccine
Jul 12, 2020, 21:34 PM
https://zeenews.india.com/world/russia-first-nation-to-successfully-complete-human-trials-of-coronavirus-covid-19-vaccine-2295317.html/amp
2020-07-13 14:12 | Report Abuse
Eddie Lim eyes bigger stake in Tomypak
The low-profile entrepreneur is a hands-on businessman who knows exactly what he wants and puts his shoulder to the wheel to achieve it.
Over the past eight months, the 67-year-old Singaporean has been actively raising his stake in Tomypak Holdings Bhd even as he has been divesting his shares in Johore Tin Bhd, both of which are Johor-based companies.
2020-07-13 13:25 | Report Abuse
Tomypak sees rising demand from local F&B
Saturday, 11 Jul 2020
Beneficiary: The company has big names, including Nestle, as its customers.
https://www.thestar.com.my/subscribe/?p=trial&cx_testId=5&cx_testVariant=cx_16&cx_artPos=0&cx_productId=8nemxqativil&ru=HNQ8Auw31qgZZU47ZjHUhHKJStkK3H51/pPcFdJ1gQ9cFgPiSalasDvF6DeumuZwBnYnqxiI5GopDa7LSpNm8Cx4vepC38RN83PisDFsAtfmksMx44zz5pJ9l+QEoz8JFr8GzXfM3N7JkyO6m20gSNYze+Ll3y8H8QNGPHct9a955iTEqQ2t9zdstd9X9/I0WFTQ231/1UPjWcPaVSG4djrWTMOktGfxPUkQcXgwo7r3GaHHVvaWrbZzomNEeE2PUNUPl+EN3MaNJurQPE0/5A==#cxrecs_s
2020-07-09 22:20 | Report Abuse
The personal protective equipment market is expected to grow at a CAGR of 7.8% over the forecast period 2020-2025. The increasing number of COVID -19 cases, along with the rising industrial awareness of employee protection at the workplace, are the major factors driving the growth of the personal protective equipment market.
https://www.globenewswire.com/news-release/2020/06/08/2044788/0/en/Global-Personal-Protective-Equipment-Market-Study-2020-to-2025-Growth-Trends-and-Forecasts.html
2020-07-06 20:34 | Report Abuse
Coronavirus is airborne, say hundreds of scientists
Reuters -July 6, 2020 3:31 PM
https://www.freemalaysiatoday.com/category/world/2020/07/06/coronavirus-is-airborne-say-hundreds-of-scientists/
2020-07-06 11:28 | Report Abuse
Students and teachers will wear masks, disposable aprons and face shields etc.
Wearing mask is compulsory.
2020-07-06 11:28 | Report Abuse
Schools to reopen in stages for other students starting July 15, says Education Minister
https://www.thestar.com.my/news/nation/2020/07/01/schools-to-reopen-in-stages-for-other-students-starting-july-15-says-education-minister
2020-07-03 01:04 | Report Abuse
MARii, Perodua to create jobs, reskill 1,000 workers
Thursday, 02 Jul 20203:40 PM
https://www.thestar.com.my/business/business-news/2020/07/02/marii-perodua-to-create-jobs-reskill-1000-workers
2020-07-02 17:09 | Report Abuse
To date, PECCA clientele from OEM and PDI market segments include car brands such as Perodua, Proton, Mitsubishi, Toyota, Nissan, Honda, Hyundai, Suzuki, Subaru, Peugeot, Volkswagen and Isuzu amongst others. In addition, we are also exporting our leather car seat covers and products to USA, Europe, Japan, Australia, New Zealand and other SE Asian countries including Thailand, Indonesia and Singapore.
2020-07-02 17:09 | Report Abuse
Pecca is principally involved in the styling, manufacturing, distribution and installation of car seat covers for OEM, PDI and REM market segments, as well as the supply of leather cut pieces for OEM market segment. Pecca is also involved in other related business activities such as styling, manufacturing, distribution and installation of car door trim covers and covers for car accessories such as steering wheels, gearshift knobs, handbrake levers, console box and operating manual book, provision of sewing service for fabric car seat covers, provision of wrapping and stitching services and supply of raw material to the automotive upholstery industry.
2020-07-02 16:56 | Report Abuse
Sales tax exemption boosts Perodua sales to 21,250 cars in June 2020
Updated 01-Jul-2020 08:42 PM
https://www.google.com/amp/s/www.malaymail.com/amp/news/money/2020/07/01/sales-tax-exemption-boosts-perodua-sales-to-21250-cars-in-june/1880599
2020-06-30 18:01 | Report Abuse
Luxchem is definitely better than samchem, if we look into their gross profit margin, Luxchem is at it's advantage. Furthermore Luxchem distributes its products to Thailand, Singapore, Indonesia, Vietnam, Philippines, Japan, Bangladesh, Sri Lanka, Pakistan, China, Australia and the Middle East, which will be beneficial in the long term as its market share will increase gradually.
Luxchem have cash in hand RM144.21 millions.
2020-06-30 16:47 | Report Abuse
Luxchem proxies to rubber glove industry
Luxchem is a supplier of industrial chemicals and materials in general.
Industry observers said around 35 per cent of Luxchem's total turnover came from the sale of latex chemicals to companies like Kossan Rubber Industries Bhd, Hartalega, Top Glove, Supermax, Riverstone and Latexx.
2020-06-30 10:10 | Report Abuse
Before any prominent investor come and goreng and take position, can buy in and hold
Target year end total eps = 35 cents
PE x 6 = RM 2.10
PEx 10 = Rm 3.50
Capital gain potential = 400%
Expecting a bonus Special Dividend on 4th quarter (Q4) year end result ( August 2020 )
2020-06-30 09:38 | Report Abuse
Zecon berhad.
Riding on sarawak growth and sarawak government capex.
9mth cumulative earning = 30 cents
NTA 1.8
Before any prominent investor come and goreng and take position, can buy in and hold
Target year end total eps = 35 cents
PE x 6 = RM 2.10
PEx 10 = Rm 3.50
Capital gain potential = 400%
Expecting a bonus special dividend on 4th quarter year end result ( August )
Zecon revenue and profit contributor from 2 sector
1. Pan borneo highway construction concession
2. Ukm - hospital pakar kanak kanak concession
Solid government contract at hand
We can foresee ZECON next 1 year revenue contribution from concession to maintain earning, any extra concession project in sarawak will further boost zecon botton line earning.
Zecon short term target RM1.20
2020-06-25 16:54 | Report Abuse
YES, EPF start accumulating since early June... for its 14c dividend... DY 8%++
2020-06-22 19:52 | Report Abuse
Coronavirus live updates: South Korea sees ‘second wave;’ WHO reports record spike in global cases
PUBLISHED MON, JUN 22 20207:43 AM
https://www.cnbc.com/2020/06/22/coronavirus-live-updates.html
2020-06-21 13:35 | Report Abuse
German coronavirus outbreak at abattoir infects more than 1,000
SAT JUN 20, 2020
https://mobile.reuters.com/article/amp/idUSKBN23R0Q5
2020-06-21 11:32 | Report Abuse
Hong Kong Disneyland reopens to masked guests in scorching heat
Thursday, 18 Jun 2020
https://www.thestar.com.my/business/business-news/2020/06/18/hong-kong-disneyland-reopens-to-masked-guests-in-scorching-heat
2020-06-21 11:23 | Report Abuse
US coronavirus cases rise 1.6% vs 1.2% seven-day average
https://www.forexlive.com/news/!/us-coronavirus-cases-rise-16-vs-11-seven-day-average-20200621
Highest rate of change since June 1
US virus cases rose 34,284 in the past day. It's the second day in a row above 30,000 after ranging from 19-28K in the prior week.
2020-06-20 17:25 | Report Abuse
WHO Warning: Coronavirus pandemic still accelerating, spreading fast, deadly
Saturday, 20 Jun 2020
https://www.thestar.com.my/business/business-news/2020/06/20/who-warning-coronavirus-pandemic-still-accelerating-spreading-fast-deadly
2020-06-17 11:18 | Report Abuse
Beijing on heightened alert as coronavirus cases mount
WORLD NEWS
JUNE 17, 2020 / 8:42 AM
https://www.reuters.com/article/us-health-coronavirus-china-beijing/beijing-on-heightened-alert-as-coronavirus-cases-mount-idUSKBN23O02G?feedType=RSS&feedName=worldNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FworldNews+%28Reuters+World+News%29
2020-06-15 14:31 | Report Abuse
Coronavirus resurgence in Beijing prompts return of tough measures
Reuters
June 15, 2020 11:35 am
https://www.theedgemarkets.com/article/coronavirus-resurgence-beijing-prompts-return-tough-measures
2020-06-12 22:59 | Report Abuse
2020-06-11 13:15 | Report Abuse
Second U.S. Virus Wave Emerges With Texas Hitting Record
June 11, 2020, 1:34 AM
https://www.bloomberg.com/news/articles/2020-06-10/second-u-s-virus-wave-emerges-after-state-reopenings
2020-06-10 22:55 | Report Abuse
As global cases pass 7 million, WHO warns the pandemic is 'far from over'
Updated June 9, 2020, 5:24 PM
https://www.nbcnews.com/news/amp/live-blog/ncna1228071
2020-06-10 15:00 | Report Abuse
Widespread mask-wearing could prevent COVID-19 second waves, study shows
June 10, 2020
http://www.kimstockwatch.com/index.php/2020/06/10/widespread-mask-wearing-could-prevent-covid-19-second-waves-study-shows/
2020-06-10 14:04 | Report Abuse
Another company is venturing into face mask manufacturing.
The main point is :-
Producing masks locally can give customers assurance on the origin of the product and the high-quality materials that go into making the face masks.
2020-06-10 14:02 | Report Abuse
Iconic Worldwide starts making face masks, says orders fully taken up until July
theedgemarkets.com
June 10, 2020 13:30 pm
https://www.theedgemarkets.com/article/iconic-worldwide-starts-making-face-masks-says-orders-fully-taken-until-july
2020-06-07 23:43 | Report Abuse
bursabull@ELT#0.940
=iD Name(bursabull)
=Emergency Line Team(ELT)
=Average share hold Price(#0.940)
Please add me Paktua. Tqvm
Stock: [BSTEAD]: BOUSTEAD HOLDINGS BHD
2021-06-27 22:38 | Report Abuse
Heard rumours of it going private with various target prices given from sources. Something big is definitely brewing behind BSTEAD, price action does not lie.