->The Company wishes to announce that it has recently been brought to the attention of the Board of Directors that Pan Malaysia Management Sdn Bhd, a subsidiary of the Company, (the "Subsidiary") has made overpayments of rentals pursuant to a Renewal of Tenancy Agreement commencing 1 November 2011 amounting to RM9,343,838.70 to Fairway Properties Sdn Bhd.
The Subsidiary is recovering the said overpayments from Fairway Properties Sdn Bhd.

Could the CFO (1) did the blunder and ask to leave? (2) found the blunder and want to expose wrong doing and ask to leave?
23/12/2013 10:19

->The Company wishes to announce that it has recently been brought to the attention of the Board of Directors that Pan Malaysia Management Sdn Bhd, a subsidiary of the Company, (the "Subsidiary") has made overpayments of rentals pursuant to a Renewal of Tenancy Agreement commencing 1 November 2011 amounting to RM9,343,838.70 to Fairway Properties Sdn Bhd.
The Subsidiary is recovering the said overpayments from Fairway Properties Sdn Bhd.

Could the CFO (1) did the blunder and ask to leave? (2) found the blunder and want to expose wrong doing and ask to leave?

at worst we still can have mineral water bottled by HiBi

hI cALVIN, U still have confidence invest in co that have sleeping people working? Costing the co millions?

The Company wishes to announce that it has recently been brought to the attention of the Board of Directors that Pan Malaysia Management Sdn Bhd, a subsidiary of the Company, (the "Subsidiary") has made overpayments of rentals pursuant to a Renewal of Tenancy Agreement commencing 1 November 2011 amounting to RM9,343,838.70 to Fairway Properties Sdn Bhd.
The Subsidiary is recovering the said overpayments from Fairway Properties Sdn Bhd.

I GUESS PEOPLE ARE THROWING THE SHARE BECAUSE THE MANAGEMENT AND STAFF ARE SLEEPING AND GETTING PAID IN THEIR JOB. AND EXPECT TO GET REPAYMENT?
KAKAKKAKAKAAA

1. Any one know who owns Fairway Properties?
2. Is there a CBT by the paying officers?
3. Are the management sleeping in office?

from my screen, the arrow looks like nose dive

juz play play order

crab, my order done at 22.5

sorry i was laggard

the up down play is part of the operation cost ma. Co needs to pay salary early. So the market helps la.

mem41, the price remains at 23.5, plz do not circulate untruth!

I bet there is no payout la. No dividend for year also. Share consolidation means 2 shares become 1 share. Or 3 shares become 1 share. What's so good about it?

Hibiscus Petroleum announces that it has applied for suspension of trading in the securities of the Company till 5.00 p.m., Monday, 23 December 2013 pending the release of a material announcement.

The request for suspension was made pursuant to Paragraph 3.1(c) of Practice Note. 2 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities").

Bursa Securities has approved the aforesaid application and trading in the securities of the Company has been suspended with effect from 9.00 am., Monday, 23 December 2013.

This announcement is dated 23 December 2013.

Suspension pending release of a material announcement, not reply to query.
If good news, there will be 2nd wave of moving up. Means some insider knows and play down to profit from 2nd wave.

how true is the cash pay out story folks? Have not even pay dividends yet!

Only 3 yrs profit? Wanna payout, wanna div?let kkp proof me wrong.

Has anyone heard about swipe?

Federal Reserve policymakers decided on Dec. 18 to cut Treasury bond purchases to $75 billion a month from $85 billion, tapering their economic stimulus programs known as quantitative easing. A look at quantitative easing and tapering:

orgasm liao

Dexx Technologies Sdn Bhd – of which Tiong is the owner – emerged as the single largest shareholder in the firm with a 19.43% stake. Yong is the second largest shareholder with a 14.47% stake.

As AHB is at the tail-end of shedding its heavy baggage accumulated since the days of the financial crisis, Yong is hopeful that the company can revisit its former glory days where it used to make a net profit of about RM12mil per year very soon.

“Maybe even more. But because we are just now recovering, we have not set any growth targets other than to recognise the extremely good growth potential of the industry and to take advantage of that.”

suay to follow The Edge

why is cimb very optimistic of the target price? as compared to other banks?

do company distribute choco at AGM?

Our client is the chairman and group chief executive of Malayan United Industries Bhd and MUI Properties Berhad. He is also a director of Pan Malaysian Industries Bhd, South China Morning Post (Holdings) Ltd, the Bank of East Asia Ltd as well as chairman of Morning Star Holdings Ltd and Laura Ashley Holdings PLC.

1. ACMES INVESTMENT LIMITED also knwon as 雅緻投資有限公司 is a live business incorporated in Hong Kong on July 1, 1993. Their business is recorded as Local Company. It is not part of a group. The company has no filed accounts. The company was incorporated 20 years ago.

2.GCIH TRADEMARKS LIMITED is a live business incorporated in Hong Kong on May 14, 1985. Their business is recorded as Local Company. It is not part of a group. The company has no filed accounts. The company was incorporated 28 years ago.

3. PMC has on 21 December 2007 resolved to wind up its inactive subsidiary, Megafine Nominees (Asing) Sdn Bhd (“Megafine”) by way of members’ voluntary winding-up and that Mr Venkiteswaran Sankar be appointed as the Liquidator.

Mr Venkiteswaran Sankar has also been appointed as the Provisional Liquidator on 21 December 2007 to wind up the following inactive subsidiaries by way of creditors’ voluntary winding-up:-

a. Chalpillar (M) Sdn Bhd
b. Cherubim Nominees (Tempatan) Sdn Bhd
c. Faith Nominees (Tempatan) Sdn Bhd
d. Ultipac Sdn Bhd

4. GELOMBANG SINAR SDN. BHD. 231032-T

A fable is a succinct fictional story, in prose or verse, that features Tudor, Kandos, Crispy, Tango or forces of nature which are anthropomorphized (given money value), and that illustrates or leads to an interpretation of a moral lesson (a "moral"), which may at the end be added explicitly in a pithy maxim that never trust a Wolf like KKP.

Mr Calvin, do u know the liquidity of this share now?

Drilling contractors typically cold stack a rig in a cost cutting effort when they do not believe they will find work for the unit at a dayrate above cash breakeven for an extended period of time. Often, this activity is a result of a cyclical downturn in demand for a given rig type. Unit specific issues, like a significant investment requirement for a marginal rig to continue operations, can also drive the decision to cold stack a rig.

Top Glove earnings down 12.5% to RM50.27mil

Jaks...Jaks...where 'art thou?

i think ho, too much choco until shit stuck, cannot out

http://www.theedgemalaysia.com/business-news/267854-flash-genting-malaysia-to-roll-out-rm5b-genting-integrated-tourism-plan.html

positive review http://www.theedgemalaysia.com/first/267809--daya-materials-rises-1-on-rerating-potential.html

huat la........................................

this good be a dividend share?

Selling treasury share to increase liquidation? Add profit to P&L?

director Lim Hock San hv been accumulating this share. Wonder why?

PETALING JAYA: The local retail sector is already feeling the pinch of slower sales as a result of the various government subsidy rationalisation measures, which caused consumers to be more cautious with their spending, according to industry experts.

Malaysian Association for Shopping and Highrise Complex Management past president Richard Chan said many retailers were experiencing a slowdown in sales despite the approaching Christmas season, a time when consumers tend to increase spending.

“Sales are slower compared with last year. Consumers are cautious with their spending because of the various government policies,” he said.

Consumer spending during this time is often boosted by year-end sales and promotions in shopping malls and hypermarkets, he added.

As part of its various fiscal consolidation measures, the Government had over the past few months, reduced its subsidies for fuel, resulting in the increase in the prices of RON95 petrol and diesel by 20 sen to RM2.10 and RM2 per litre respectively.

It also abolished the 34 sen per kg subsidy for sugar, which resulted in the price of domestic refined sugar increasing to RM2.84 per kg.

Effective next year, the average electricity tariffs in Peninsular Malaysia, Sabah and Labuan will increase by 15% to 38.54 sen per kilowatt-hour (kWh) and 34.52 sen/kWh respectively.

Further rounds of subsidy rationalisation are expected in 2014 as the Government consolidates its expenditure.

An industry observer said the Government’s subsidy rationalisation measures would inevitably result in inflation.

“This will affect spending as consumers are more wary about how they want to part with their money now,” he said.

Chan added: “In the past, despite the poorer global economic conditions, such as the meltdown in Europe, Malaysia was still resilient because its domestic demand was strong. But I feel that the various measures now will be like applying the handbrake on the entire economy.”

He, however, said selected food and beverage outlets were still performing well.

“Outlets where the items are priced in the low to medium range are not affected. As for the high-end outlets, of course, they would be ferquented by the elite group of customers with the spending power.

“Those in the middle to upper middle income category meanwhile, might still be able to afford to eat at high-end outlets but might choose not to do as often as they did previously.”

Retail Group Malaysia (RGM), in its report in August, had forecast growth for the retail sector in the last quarter of this year at 6% in anticipation of slightly better retail sales during the school holiday, year-end sales and festivals.

For the whole of 2013, RGM said it had revised slightly downwards its growth forecast of the retail industry of Malaysia from 6.4% (updated in May 2013) to 6.2%. It said the retail industry was expected to expand to RM93.2bil this year
http://www.thestar.com.my/Business/Business-News/2013/12/17/Keeping-a-tight-rein-on-spending.aspx

p.s. not forgetting that toll rates is pending increase in 2014

this share have gone through capital reduction i.e. from RM1 to RM0.50. Still holding at a loss.

When one trade be analytically not emotional, overcome the greed factor, and finally be decisive on your own.

"Only after careful analysis of a company’s ongoing business and its prospects for future earnings should you consider buying it and then only if its current price incorporates a significant “margin of safety.”

1. no dividend yield? (as proven that most directors have to work even in their twilight years)
2. Why most directors in their twilight? (no offence to anybody)
3. No future plans?

good times have moved on, bad memories lingers.....hehe
can forgive but cannot forget the monies lost...
juz want to be the devil advocate when all seems rosy

Why not? Knowing KKP, the bastard will sell one property from MUI to PMCORP. Why need payout when u can profit all my yourself? Why should I share with the investor?

my brokers never say anything want, juz buy this, once in a while

aiya...gostan...gostan...forward march la

i m trading at hle and charged at rm12

company sold of land in china....started payout this year in 8% dividend on top of normal div. But next year is lower payout i think 6% on top of normal div.

knn cum once at 96 sen then cannot cum liao

booooooooo hooooooooo hoooooooooo