KUALA LUMPUR (Feb 13): Ekovest Bhd's 30.44%-owned associate PLS Plantations Bhd said today its durian business returns can "easily overtake" its oil palm plantation earnings as PLS embarks on its upstream durian cultivation expansion.

PLS executive director Lee Hun Kheng said the company, which derives the bulk of its earnings from oil palm plantation, foresees its durian business becoming its main revenue driver in the next six to seven years.

Returns from the durian business can “easily overtake the palm oil business,” he told reporters after PLS' extraordinary general meeting here today.

Lee said the durian segment currently contributes some 26% of PLS' total earnings. He said the 26% contribution is only from the downstream segment, which involves trading of processed durian products.

In terms of capital expenditure, Lee said the company had spent some RM80 million for its downstream durian business, while about RM90 million will be earmarked for its upstream durian plantation operations.

Currently, PLS has some 32,000ha (80,000 acres) of plantation land, of which about 480ha (1,200 acres) is planted with durians.

Lee said PLS is looking to buy some 80ha (200 acres) of existing durian plantation land within the next two years to expand the company's upstream durian business.

At Bursa Malaysia today, PLS shares were traded unchanged at 71 sen at 3:18pm, valuing the company at RM249 million. PLS saw 57,100 shares traded.

https://www.theedgemarkets.com/article/ekovest-associate-pls-says-durian-returns-can-easily-overtake-oil-palm-earnings

sell on news (T_T)

nice

maybe will be suspended for announcement

https://www.theedgemarkets.com/article/newsbreak-iris-datasonic-could-be-vying-mykad-contract

Dufu aims to operate metal fabrication plant by June

https://www.thestar.com.my/business/business-news/2019/04/02/dufu-aims-to-operate-metal-fabrication-plant-by-june/

looks like limit down today

The Board of Directors of MYEG wishes to inform that the Malaysia Competition Commission (“MyCC”) has accepted the changes made by MYEG and its subsidiaries (collectively referred to as “the Group”) to its online foreign worker renewal system. MYEG was notified by MyCC via its letter dated 4 March 2019 subsequent to several meetings which were held with MyCC earlier.



As such, with the acceptance of the changes made, the daily penalty of RM7,500 will cease with immediate effect. Penalty up to the date of the acceptance amounted to RM9,644,700 of which MYEG had paid a total of RM6,412,200.



With the acceptance by MyCC, MYEG’s Board of Directors is of the view that the Group has fully complied with the decisions made earlier by MyCC and its Competition Appeals Tribunal (“CAT”).



However, the appeal which MYEG had filed to the Court of Appeal will continue. MYEG had filed an appeal to the Court of Appeal against the decisions made earlier by MyCC and CAT and to appeal against the penalty imposed by MyCC.



MYEG wishes to reiterate to all users that the changes required are in relation to the user interface of the Group’s portal and does not affect the ongoing delivery and provision of all its services.



Please refer to the attached press release for further details.



This announcement is dated 5 March 2019.

Myeg next

DATASONIC GROUP BERHAD ("THE COMPANY") CLARIFICATION ON THE NEWS ARTICLE ENTITLED DATASONIC, MYEG IMPLICATED IN CHARGES AGAINST DATO' SERI ZAHID HAMIDI WHICH APPEARED ON THEEDGEMARKETS.COM ON FRIDAY, 19 OCTOBER 2018
We refer to the announcement made on 19 October 2018 in relation to the above matter.



In reference to the case of Dato’ Seri Ahmad Zahid Hamidi, Datasonic Group Berhad wishes to further announce that the Malaysian Anti-Corruption Commission (“MACC”) has issued a clarification to the Company informing that the Company is not the entity under investigation by the MACC, and the Company has extended full co-operation to the MACC.

results tomorrow

as usual...panic selling without understanding the fundamental

break myeg monopoly on mySST platform..go Khazanah

looking at myeg.......

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4936209

already sell at 0.605 this morning..lucky

last minute push before the closing bell...

yeah..soon..collecting at 23sen

lucky to get some 23sen from the contra sellers

too late to buy at 23 sen ...

Tentatively its 2QFY15 should be out 18-20Nov..right now its accumulation time for investor

margin call by Affing HWang

http://www.theedgemarkets.com/my/article/bursa-queries-hibiscus-most-active-stock-leads-decliners

maybe 3QFY15 results increased 60%

not enough..need more 31 sen

BIMBSEC - PUC - 20151030 - INITIAL COVERAGE
http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_researchreports_3081&ac=20452

gone

nice

0.27

gogoo..cheap stock...limit up

must be force selling..buy back later

last week clear 70,000k lots@0.105 like chipsmore..

clear up o.110...lets go

runnnnnnnnnnnnnnnnnnnnnn

Gentlemen..start your engine...

reach 9 sen...almost there to 10sen

tp 30 sen today

buy 26.5sen

bought few thousand lots at 56.5sen

http://www.theedgemarkets.com/my/article/malaysia%E2%80%99s-august-industrial-output-3-year

yeah....sold all at instanco-wc 0.075

profit

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4838373

wave coming

someone disposing shares

Good Morning...Green day today

Selamat Hari Raya Aidilfitri everyone.

time to fly...almost the end of today session

60 sen today?

uma kasi rehat je...td da penat naik bukit