OMR@obm_4558

omr4558 | Joined since 2017-11-29

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2018-06-03 23:59 | Report Abuse

The Board of Directors of Land & General Berhad ("L&G") is pleased to announce the recommendation of a single-tier final dividend of 1.5 sen in respect of the financial year ended 31 March 2018.

The entitlement date and payment date will be announced at a later date.

The aforesaid final dividend is subject to the approval of the shareholders at the forthcoming 55th Annual General Meeting of L&G.

This announcement is dated 31 May 2018.

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2018-04-23 13:09 | Report Abuse

KUALA LUMPUR: CIMB Equities Research is retaining its Add for Destini Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

and raised the target price from 74 sen to 80 sen.

It said on Monday it was positive on Destini after it had secured a letter of award from the Ministry of Defence (MinDef) for a RM138mil contract to provide maintenance, repair and overhaul (MRO) services and to supply safety and survival equipment to the Royal Malaysian Air Force (RMAF).

It said this was in addition to an existing RM98.2mil MRO contract.

“This is a positive surprise to us as the company had at end-2016 already secured from MinDef an extension to its contract to provide MRO services to the RMAF,” it said.


The three-year RM98.2mil contract will run from October 2016 to October 2019.

“We understand that Destini is currently providing around RM100mil MRO work for RMAF annually although the RMAF contract is valued at only RM98.2mil over three years.

“With the award of an additional RM138m, we believe Destini should be generating even more RMAF MRO revenue from now on.

“With this development, we raise our assumption for RMAF MRO services revenue from RM100mil annually to RM130mil annually from this year onwards. We estimate that the pretax profit margin for MRO work is attractive for Destini, at 20%-25%,” it said.
Read more at https://www.thestar.com.my/business/business-news/2018/04/23/cimb-research-retains-add-for-destini-higher-target-price/#3TqzCjpUmvVxVmuB.99

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2018-04-23 12:36 | Report Abuse

The Board of Directors (“Board”) of Marine & General Berhad (formerly known as SILK Holdings Berhad) (“M&G” or "the Company") wishes to announce that the Company, had on 29 March 2018, incorporated a wholly-owned subsidiary in Labuan namely, M&G Marine Logistics (L) Pte. Ltd ("MGML").

The Certificate of Incorporation for MGML was received on 29 March 2018. MGML has a share capital of One Hundred United States Dollars (USD 100.00). MGML will be utilized as a Ship-Owning Company ("SOC") to own future vessels as and when the Group expands its chemical tanker fleet.

The incorporation of MGML will not have any effect to the issued and paid-up capital of the Company as well as its substantial shareholders’ shareholdings and is not expected to have a material effect on the earning, net assets and gearing of the Company and the Group for the financial year ending 31 December 2018.

DIRECTORS' AND MAJOR SHAREHOLDERS INTERESTS

None of the directors or major shareholders or person connected with the directors or major shareholders has any interest, direct or indirect in the incorporation of MGML.

This announcement is dated 30 March 2018.

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2018-04-22 12:04 | Report Abuse

The Board of Directors of SESB wishes to announce that SVPL, being an indirect subsidiary of SESB, has been voluntarily wound up with effect from 1 October 2017. The grounds for winding up is SVPL has been dormant since operation and the Letter of Winding Up was issued by Labuan Financial Services Authority and the confirmation of which was received by SESB on 11 April 2018.

SVPL is not a major subsidiary of SESB and has been dormant since incorporation. The total cost of investment of SVPL is USD100. The winding up of SVPL is part of the exercise to streamline SESB’s Group organisation structure and does not have any financial and operational impact on the net assets and earnings of SESB for the financial year ended 31 March 2018, other than the liquidation expenses.

None of the directors and/or major shareholders of SESB and/or persons connected with them have any interest, direct or indirect, in the winding up.

The Board of Directors of SESB, having taken into consideration all aspects of the liquidation, is of the opinion that the liquidation is in the best interest of SESB.

This announcement is dated 12 April 2018.

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2018-04-10 18:35 | Report Abuse

Hali ini mayak hijau looo....
Yg ni can noooo....?????.....

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2018-03-30 16:32 | Report Abuse

Up / down.... Ex date ?????.......

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2018-03-29 22:33 | Report Abuse

Bila Kuat kuasa….
PROPOSED BONUS ISSUE OF UP TO 1,596,354,405 WARRANTS IN EAH (“WARRANT(S) E”) TO ALL ENTITLED SHAREHOLDERS OF EAH ON THE BASIS OF FIVE (5) FREE WARRANTS E FOR EVERY 16 EXISTING ORDINARY SHARES OF EAH (“EAH SHARES”) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED BONUS ISSUE OF WARRANTS”)

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2018-03-27 12:35 | Report Abuse

Interim single tier dividend of 1.0 sen per share in KUB Malaysia Berhad for the financial year ending 31 December 2018.

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 12 Mar 2018
2) The last date of lodgment : 14 Mar 2018
3) Date Payable : 13 Apr 2018

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2018-03-22 16:10 | Report Abuse

Still on going @ ?????.....

KUALA LUMPUR (Sept 14): Land & General Bhd (L&G) rose as much as 1.5 sen or 7% after the property developer said the Malaysian real estate market is improving.

The better market sentiment has led to optimism in L&G's business prospects, L&G managing director Low Gay Teck said yesterday.

Today, L&G shares rose to their highest so far at 23.5 sen. At 10:14am, the stock pared gains at 23 sen with some 45 million shares traded. L&G was Bursa Malaysia's second most-active stock.

Yesterday, Low said L&G planned to launch some RM710 million worth of projects in current financial year ending March 31, 2018. He said the projects are located in Bandar Sri Damansara here and Senawang in Negeri Sembilan.

"Of course there is no doubt that it (property market) is not as buoyant as three years ago but it has improved from last year in terms of the interest from potential buyers and locked-in sales that we are achieving from our Astoria project," he told reporters after L&G's annual general meeting here.

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2018-03-18 19:21 | Report Abuse

EA HOLDINGS BERHAD CIRCULAR TO SHAREHOLDERS IN RELATION TO THE I. PROPOSED BONUS ISSUE OF UP TO 1,596,354,405 WARRANTS IN EA HOLDINGS BERHAD ("EAH") ("WARRANT(S) E") ON THE BASIS OF FIVE (5) FREE WARRANTS E FOR EVERY 16 EXISTING ORDINARY SHARES OF EAH ("EAH SHARES") HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER; II. PROPOSED ACQUISITION BY EAH OF 90.0% EQUITY INTEREST OF SUNLAND VOLONTE AGENCY SDN. BHD., COMPRISING 225,000 ORDINARY SHARES FOR A PURCHASE CONSIDERATION OF RM78,750,000 TO BE SATISFIED VIA A COMBINATION OF CASH PAYMENT OF RM15,000,000 AND THE NEW ISSUANCE AND ALLOTMENT OF 1,593,750,000 EAH SHARES AT THE ISSUE PRICE OF RM0.04 PER EAH SHARE; AND III. PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF EAH AND ITS SUBSIDIARIES TO INCLUDE SALES AND DISTRIBUTIONS OF PACKET FOODS AND BEVERAGES PRODUCTS AND NOTICE OF EXTRAORDINARY GENERAL MEETING

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2018-03-13 15:48 | Report Abuse

It's a long time to sleep - skrg it's hard to open it

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2018-02-06 21:33 | Report Abuse

Haa... Crisis????!!!!....

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2018-02-01 09:50 | Report Abuse

4Q report ????.... Up or down ???!!!!.....

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2018-02-01 09:19 | Report Abuse

Drop up to ???????... (0.07) looo....

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2018-01-30 09:39 | Report Abuse

Bila penyatuan akn berlaku?????....
pada kadar berapa??????....

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2018-01-25 19:39 | Report Abuse

Drop drop drop????...... 0.025/0.020..!!!...

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2018-01-25 12:59 | Report Abuse

Any news ?????!.....

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2018-01-24 14:21 | Report Abuse

Turun?????.....
lepas turun up up up..!!!!!...

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2018-01-23 16:20 | Report Abuse

AVG 0.1 ????......

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2018-01-19 19:35 | Report Abuse

Up up up.....

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2018-01-18 10:26 | Report Abuse

Dah matang / blm???????....

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2018-01-16 15:20 | Report Abuse

Going up / down......

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2018-01-16 11:59 | Report Abuse

???!?!!... km to run....

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2018-01-12 10:09 | Report Abuse

Price : tungguuuuu....
Masih adakah ruang utk esok & bilaaaa?????... Up.....

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2018-01-11 09:45 | Report Abuse

Bila agaknya nak up semula

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2017-12-29 10:44 | Report Abuse

small shark dying / destroyed.?????....

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2017-12-24 15:19 | Report Abuse

Target price 0.36 ?????.....

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2017-12-21 02:02 | Report Abuse

Profit & profit margin (-) loo...
Down down down.....

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2017-12-20 20:58 | Report Abuse

Haaa....????...
drop until 0.10 kukkk....

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2017-12-20 20:50 | Report Abuse

Until 0.10 @ below ????....

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2017-12-19 21:13 | Report Abuse

Coming.... 0.17 ?????...

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2017-12-19 21:03 | Report Abuse

Wait until 0.25 _ buy buy buy

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2017-12-18 22:10 | Report Abuse

Bonus issue _ coming

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2017-12-18 22:01 | Report Abuse

Wait until 0.07 _ buy buy buy

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2017-12-18 21:53 | Report Abuse

Wait until 0.25 _*buy buy buy

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2017-12-18 10:05 | Report Abuse

Matang @ X matang

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2017-12-17 11:18 | Report Abuse

Apa dah jadi...
Any news????....

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2017-12-17 08:10 | Report Abuse

Wait until 0.08..... Buy buy buy

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2017-12-15 09:39 | Report Abuse

Subur _ dah X subur

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2017-12-14 10:59 | Report Abuse

Wait until 0.03.... Buy buy buy
Then..... Up up up...

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2017-12-12 21:04 | Report Abuse

Goreng looo....

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2017-12-12 10:08 | Report Abuse

More info?????... become 0.1 or 0.09

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2017-12-12 09:49 | Report Abuse

Is't possible... 0.10.....?????

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2017-12-08 10:39 | Report Abuse

Below 0.1 target????...

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2017-12-07 18:53 | Report Abuse

Can nooo tuuu...
Lates AVG Target 0.10
Bungkussss...

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2017-12-04 10:06 | Report Abuse

Up / down......