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2017-12-06 10:22 | Report Abuse
OTHERS TRIVE PROPERTY GROUP BERHAD ("TRIVE" or "the Company") - IMPOSITION OF SANCTIONS FOR BREACH OF SECTION 354(1)(A) OF THE CAPITAL MARKETS AND SERVICES ACT 2007
TRIVE PROPERTY GROUP BERHAD
Type Announcement
Subject OTHERS
Description TRIVE PROPERTY GROUP BERHAD ("TRIVE" or "the Company")
- IMPOSITION OF SANCTIONS FOR BREACH OF SECTION 354(1)(A) OF THE CAPITAL MARKETS AND SERVICES ACT 2007
The Company wishes to inform that the Securities Commission Malaysia (“SC”) had vide their letter dated 30 November 2017 reprimanded Trive for breach of Section 354(1)(a) of the CMSA read together with Regulation 4(1) of the Securities Industry (Compliance with Approved Accounting Standards) Regulations 1999 and Section 369(b)(B) of the CMSA and directed Trive to address its financial reporting function as follows:
(i) Trive is to appoint an external auditor (“EA”) (who is registered with the Audit Oversight Board) to evaluate the adequacy of the scope, function, competency and resources of Trive’s financial reporting function and make the appropriate recommendation to improve Trive’s Financial Reporting Function (“Assessment of Financial Reporting Function”);
(ii) Trive’s Audit Committee (“AC”) is to assess the EA’s findings on the Assessment of Financial Reporting Function and make the appropriate recommendations to the Board to improve its Financial Reporting Function; and
(iii) Trive is to highlight in its next audited financial statements and announce to Bursa the appropriate action Trive has taken, given the CMSA breaches highlighted above; and the actions that the AC has taken in addressing the SC’s directive in relation to the CMSA breaches highlighted above.
Separately, two existing directors of Trive had notified the Company that SC had reprimanded and fined them for breach of Section 354(1)(a) of the CMSA read together with Regulation 4(1) of the Securities Industry (Compliance with Approved Accounting Standards) Regulations 1999 and Section 369(b)(B) of the CMSA.
This announcement is dated 05 December 2017.
2017-11-24 15:42 | Report Abuse
more than 90% buying rate still cannot go up
2017-11-21 16:55 | Report Abuse
ini kaunter hantu main, bukan orang main......
2017-11-21 16:25 | Report Abuse
no worries the crooks will push back to .008 b4 closing
2017-11-20 12:07 | Report Abuse
this counter director & crook sama2 goreng. they actually manipulated this counter.....
2017-11-17 17:07 | Report Abuse
directors also involved to goreng using crooks
2017-11-16 11:53 | Report Abuse
8.5 byk mkn but very hard to eat 9.0
2017-11-15 11:03 | Report Abuse
puc also more friendly to make money - jatuh sikit byk naik
2017-11-15 10:27 | Report Abuse
this counter very slow up but very fast down
2017-10-31 15:49 | Report Abuse
now makan kaw2 @ 14.5, yet ada lagi yg buang
2017-10-30 10:08 | Report Abuse
if this counter can absorb huge force selling today & tmrw, there is some hope again
2017-10-27 11:34 | Report Abuse
just buy. still can make money even though the counter in red color
2017-10-26 15:12 | Report Abuse
buy today & sell tmrw morning
2017-01-06 16:45 | Report Abuse
Finally sold warrant @15.5......lega
2017-01-05 16:24 | Report Abuse
jom beli skarang, 14 cents just like eating kacang right now....
2017-01-04 12:07 | Report Abuse
hahahahahah....lucky bought warrant @ 8.5 cents
2016-12-29 20:03 | Report Abuse
KUALA LUMPUR, Dec 29 (Bernama) -- The Securities Commission Malaysia (SC) will not hesitate to take any action on MQ Technology Bhd (MQ Tech) if it is found to be in breach of securities laws.
The SC is currently looking into the facts surrounding the Ace Market-listed MQ Tech regarding the possibility of insider trading and will not hesitate to take action if there are any breaches of securities laws, it said in its reply to Bernama today.
The SC was responding to questions on an issue relating to MQ Tech following the contention that two of its substantial shareholders had been acting in concert to sell the company's warrants and shares ahead of negative news.
On Dec 10, 2016, a newspaper report quoting sources highlighted MQ Tech's planned entry into Cambodia's casino market which resulted in the company's shares to jump.
On Dec 13, MQ Tech announced to Bursa Malaysia that its unit was expanding into Cambodia via a joint-venture with Cambodian Resort and Entertainment Co Ltd (CRE) and subsequently requested a trading halt of its shares from 10.57 am and resumed an hour later at 11.57 am.
On Dec 14, the company called for a press conference to announce that it was in talks with NagaCorp Ltd over plans to build a casino in its new integrated resort and entertainment project in Cambodia.
However, later on the same day, MQ Tech clarified to the stock exchange that the company was not in talks with NagaCorp but instead its wholly-owned subsidiary, Star Acres Sdn Bhd, had on Dec 12, entered into a Memorandum of Agreement with CRE to develop a theme park in Cambodia.
It was noted the company's Executive Director Teh Eng Huat had resigned on the same day that the press conference was called.
An investment portal described Teh's resignation as sudden and that he and another substantial shareholder, Goh Boon Soo, had disposed of a huge amount of the company's warrants and shares they had acquired recently.
The huge disposal of shares by Teh and Goh saw the company's share price shrink by about 60 per cent, thus infuriating the investors as they suspected insider trading.
Meanwhile, MQ Tech announced that it had incurred a higher pre-tax loss of RM1.07 million in the third quarter ended Sept 30, 2016, compared with a pre-tax loss of RM838,000 in the same period a year ago.
Revenue however increased to RM4.82 million from RM3.49 million previously.
-- BERNAMA
2016-11-16 16:18 | Report Abuse
steady lo, uma pun xmau jatuh....
2013-10-02 21:13 | Report Abuse
termasuk tiger & takaso - all their directors conman punya orang...........
2013-10-02 16:08 | Report Abuse
ini macam game susah mau untong punya......
2013-10-02 12:12 | Report Abuse
tipu (T) main (M) saham (S).....hahaha
2013-10-01 19:00 | Report Abuse
u r correct snowwolf, tq
2013-10-01 17:58 | Report Abuse
good sign for tmwrow?? heavy volume but only 0.05 drop....
2013-10-01 09:26 | Report Abuse
yupp, wrong bilik la!!!!!
2013-09-27 19:49 | Report Abuse
hello friend, don't simply call people stupid when u lose money in the this counter or u missed the boat to buy at low price );
2013-09-26 11:45 | Report Abuse
if anyone of us in this forum can make a predictions on stock market prices, they are sure rich enough already & left this forum long2 time ago...);
2013-09-23 22:02 | Report Abuse
good news for tmwrow.....????
The Media Shoppe Berhad (“TMS” or “the Company”)
- Article in The Star dated 23 September 2013 entitled “ TMS to be agent for China’s ZTE”
We refer to an article in The Star, 23 September 2013 and we wish to clarify the following:-
1. “The Media Shoppe Bhd (“TMS”) has been appointed as an agent of China’s ZTE Corp as part of a plan for the Chinese telco giant to provide financing services for information and communication technology (“ICT”) projects here in Malaysia”
TMS has been in discussions with ZTE Supply Chain Co., Ltd. (“ZTESC”), a subsidiary of ZTE Corporation (“ZTE Corp”), to explore partnership opportunities which include, inter alia, TMS to identify viable projects in Malaysia for ZTESC to provide financing. It is likely that, upon identification, each project that TMS and ZTESC (“the parties”) agree to pursue will be discussed and agreed upon on a case-to-case basis including roles and obligations, revenue and profit sharing of the parties.
2. “In the latest financial deal, a figure of US$1bil (RM.16bil) is being bandied about as the amount of money that TMS will help ZTE to loan out, specifically to companies that plan to embark on ICT projects in the Iskandar region”
Based on TMS’ understanding, there is no specified limit to the amount that ZTESC has allocated to their venture into Malaysia or is allowed to finance.
3. “One source noted that TMS, currently in the red, could reap a net profit margin of about 15% from its role as the local partner of the Chinese giant in this financing project”
TMS is still in discussions and negotiating the details of the partnership with ZTESC, and is unable to confirm on the terms of the partnership.
4. “An agreement between TMS and ZTESC is expected to be signed in China this week.”
The Company’s personnel are in China to finalise the terms of partnership between TMS and ZTESC. TMS expects to conclude and sign an agreement with ZTESC on 3 October 2013 and as such will appropriately make the announcement on the terms of the partnership to Bursa Securities in due course.
This announcement is dated 23 September 2013.
2013-09-23 11:07 | Report Abuse
aduiiiiii.....osk & maybank share trading online downnnnnnnnnnnnn
2013-09-03 12:10 | Report Abuse
flonic x boleh naik punya, directors will dump their shares...
2013-09-03 11:16 | Report Abuse
no power coz no money 2 buy petrol lor.....
2013-08-28 19:05 | Report Abuse
ini director sudah untong besar lor...skrang boleh beli semula @ low price
Name Heng Hock Meng
Type of transaction Date of change
No of securities
Price Transacted (RM)
Acquired 22/08/2013 598,800 0.150
Disposed 22/08/2013 3,872,200 0.173
Indirect/deemed interest (units) 34,480,000
Indirect/deemed interest (%) 9.85
Total no of securities after change 34,480,080
Date of notice 28/08/2013
28/08/2013 19:05
2013-08-22 17:54 | Report Abuse
worth buying at this level.........
2013-08-22 17:39 | Report Abuse
good investor should locked in profits & not keep on paper profit only, like myself bought @ 0.850 last week & sold @ .105 on monday......ada untong sikit lor...
2013-08-20 18:16 | Report Abuse
betul la ini org sudah masuk, esok sure up punya...
Particulars of Substantial Securities Holder
Name Nagendran A/L C. Nadarajah
Address No. 2, Medan Nusantara,
Duta Nusantara,
Jalan Sri Hartamas 1,
50480 Kuala Lumpur,
Wilayah Persekutuan
NRIC/Passport No/Company No. 531102-05-5399
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value) Ordinary Shares of RM0.10 each
Name & address of registered holder Nagendran A/L C. Nadarajah
No. 2, Medan Nusantara,
Duta Nusantara,
Jalan Sri Hartamas 1,
50480 Kuala Lumpur,
Wilayah Persekutuan
Date interest acquired & no of securities acquired
Currency Malaysian Ringgit (MYR)
Date interest acquired 16/08/2013
No of securities 10,000,000
Circumstances by reason of which Securities Holder has interest Acquisition of shares
Nature of interest Direct Interest
Price Transacted ($$)
Total no of securities after change
Direct (units) 18,000,000
Direct (%) 5.14
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Date of notice 16/08/2013
2013-08-20 17:35 | Report Abuse
ANYTHING IS POSSIBLE (Debbie Gibson)......maybe to test 0.13 tomorrow....hihihi
2013-08-20 17:24 | Report Abuse
well done silver.....hope for something tomorrow...
2013-08-20 17:14 | Report Abuse
anyway, well done tms closed @ 0.10, still good performance, despite terrible market, hope something to cheer tomorrow.....
Stock: [TRIVE]: TRIVE PROPERTY GROUP BERHAD
2017-12-07 11:18 | Report Abuse
maybe....it's not impossible