My point is that as a token of appreciation, most likely those owners of the EXSIM properties would be the patrons of the short term accommodation managed by and recommended by EXSIM.

Now, you should be convinced as to how popular is EXSIM in the property sector..

Managing Director Mr Lim Aik Hoe

From the above download by Victorshen :
1) notice the words in honor of EXSIM, the "renowned developer"
2) the awards of recognitions given to EXSIM and its Managing Director, Mr Lim Aik respectively in 2015, 2017, 2022 and 2023.

It is fortunate for PM Holding to come under wings of EXSIM which would breathe new life into PM Holding and help PM Holding get out of the old ruts.

EXSIM must have seen the ",great potential" in short term stay accommodation business, otherwise it wouldn't simply venture into it.
It has more than 4 years of experience in this line of business at KLCC area.

@Vincent Tang
Thank you very much for downloading the blog @ csan previously when the price of POWERWELL was still low.

@csan
Thank you very much.

From part of the New Strait Times report, EXSIM has about 5 years of experience in short-term accommodation business which PM Holding can leverage on.
In other words, EXSIM would turn around the profitability of PM Holding in due course, with EXSIM'S prudent management and capability.
Moreover, EXSIM would play a prominent role in the promotion of tourism industry in Malaysia.

New Straits Times March 7, 2024.
EXSIM pays RM36.73 mil to buy large chunk of Pan Malaysia to grow its Airbnb business
----------------------------------------------------
"According to a spokesperson from EXSIM, the share acquisition in PM Holding is part of a larger strategy to expand its hospitality business.

The property developer has been venturing into short term accommodation in the KLCC ( Kuala Lumpur City Center) area since 2018/2019, the spokesperson said.

EXSIM aims to grow its short-term stay business seeing significant potential in this real estate segment. "

That's the integrity of EXSIM to let investors know earlier that it has no intention to inject the properties into PM Holding.

As I said it is up to EXSIM's decision whether to inject the properties.
In that case, then see how the Lim brothers turn around the PM Holding to a much profitability as they also have experience in the hospitality sector.

stncws,
From where you got the news ?
How sure are you ?
Sometimes a company might not want to go through the tedious procedures of IPO and use another company taken -over as a listing vehicle instead. Of course the decision is entirely up to EXSIM.

How long does it take to convert PM Holding into a property giant ? Nobody knows !!!
What I know is that EXSIM is a highly virtuous, experienced, trusted and respected developer.
Employees Provident Fund (EPF)'s subsidiary, Kwasa Land partnering with EXSIM in the RM1.6 billion Kwasa Damansara project is a testimony.

Corus Paradise Resort Port Dickson.

What I hope is that apart from upgrading the Corous Paradise Resort for short term stay with Airbnb style , EXSIM would also inject some its multi billion property projects into this company after the completion of the takeover.

Besides that EXSIM also has other multi billion property developments that are of great demand.

EXSIM is definitely the developer of high integrity only then that Employees Provident Fund's subsidiary KWASA LAND is partnering with EXSIM RM1.6 billion mixed development at KWASA DAMANSARA.
EXSIM is owned by trio Lim brothers.

Just a friendly reminder. To qualify for the dividend 1.4 sen per share, one must buy POWERWELL shares on or before 26-03-2024.

Still wondering who was the buyer for the 12.5 million POWERWELL shares at 43 sen ???

I own some NOTION and I think it will rebound and will go up , especially with the free bonus warrant issues to reward the investors' and shareholders.

With the termination of glove business, which formed the major road block, has already been cleared.

The business ventures of NOTION should be on the way to recovery.

That shows the buyer must have great confidence in POWERWELL !!!

Wah !!!
43 sen that means 5 sen above the closing price of 38 sen on Wednesday,12-3-2024
12.5 million shares transacted through DBT.
Just wondering who is the buyer

Dow Jones and Nasdaq strong rebounce at this hour of the night Wednesday,12-03-2024
10.56 pm Malaysian time.

The abovementioned announcement would not be too far away.

Waiting for announcement of the ex and entitlement date of the free bonus warrant issues.

Hope POWERWELL could drop some more so that I can add.

POWERWELL, power up, power well.
Investors own POWERWELL shares, smiling to the banks, on
the way !!!

Appreciation of Ringgit against US Dollars is a boost for POWERWELL.
If the Ringgit rising trend persisted , it would reduce the input cost and POWERWELL 's profitability would increase "further".

Another positive factor :
Net asset value of RM0.76 as indicated in the quarter 31-12-2023 is higher than the share price of RM0.535 at the moment.

NOTION VTEC in the active list is a good sign which means more investors would be noticing this counter
Investors could be looking forward to :
1) better revenues and profits in the coming quarters though the results might fluctuate in certain months ;
2 ) entitlement date of bonus warrant issues which could be announced sooner or later ;
3) top up more shares to qualify for more warrant issues as the ratio is 1 bonus warrant for every 10 shares held.

Untuk mendapat dividend hendaklah membeli saham pada 26-03-2024 atau lebih awal.

lonelybunney,
Bukan saja alat alat kuasa letrik Powerwell itu sangat bagus , tetapi Syarikat Powerwell ini pun murah hati . Powerwell telah beroleh banyak untungan dan mengumumkan akan memberikan dividend sabanyak 1.4 sen.
Dividend itu sangat tinggi berbanding dengan bunga akaun Simpanan Semasa pada hari ini.

lonelybunney
Memang boleh pakai dan selamat untuk dipakai
Powerwell Switchgear itu memang bermutu tinggi dan canggih.

If sharp corrections occured I will add. I think it is worthwhile with POWERWELL generous dividends policy and business improvement.

Got 1.4 cent dividend some more. To qualify for dividend, one must buy POWERWELL on or before 26-03-2024.
Dividend of 1.4 cent per share is considered quite high comparing to bank savings accounts as of today.

Beautiful NOTION on the rise !!!

Thank you @csan for your wonderful blog .
Thank you @ Vincent Tang for selfless sharing.
I nearly miss the boat
Luckily I go on board of this powerful gem Powerwell today.

Got handsome dividend. Remember ex date 27-03-2024

Among the top active list

Good closing today

Sakuragi11,
I can't simply tell. It all depends on the market forces , supply and demand together with the the investors' confidence in the shares.

Sakuragi11
Profit taking is normal.

Sakuragi11
panic sell again ?
You want to sell ?
Go ahead !!!

Don't create panic and fear.

mf
Hope you report the rebound figures too tomorrow and
thereafter.
Don't create panifc and fear.
Either you don't have the shares or you want to collect it lower ???
Think of others' positions too.
Just spare a thought : How you would you feel if you yourself are an investor or shareholder.
Thank you .

Free warrants are likely much sought after as the ratio is 1 warrant for every 10 shares held.
In other words , the warrant issues will only be around 50 million units, a rather small volume.

This is a cable manufacturing company not a tech company.
Don't be confused.

1) As a reward to the shareholders , bonus issues of free warrant have been proposed.
2) Profitability improved and a profit of more than RM8 million has been made for the quarter at 31-12-2023 with the termination of glove manufacturing business.
3) NOTION is looking forward to a far better future and performance.

Wish MTEC's revenue and profit improve by leaps and bounds.so that the investors could enjoy more dividends .Once again thanks to MTEC !!!