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2014-09-10 13:45 | Report Abuse
Currently Perisai has some OSVs,E3 & MOPU(both idle),1 unit FPSO Karmelia and one unit P101(Drilling rig)which just started operation in Aug 2014. Perisai should give better turnover and profits starting from Q3 2014.MOPU and E3 will be earning income by end 2015 if not earlier.
Besides PETRONAS policy encourage import substitution of Foreign owned Drilling Rigs and this accords opportunity for Perisai's P102 and P103 in 2015 and 2016.
I expect Perisai price to at least double by 2H 2016.
2014-09-08 18:35 | Report Abuse
Buying opportunity for Perisai now. EPF also buying!!
2014-09-07 18:28 | Report Abuse
TA is oversold and FA of Perisai will improve in 2H 2014 due to earnings contribution from P101. P101 is leased on a three-year charter to Petronas Carigali at a daily rate of USD144,000.
FA will gain further traction in 2015 and 2016 from
- Perisai Pacific 102(PP102)due to be completed in May 2015
- E3 forecasted to be contracted in 3Q15
- MOPU charter forecasted in 4Q15
- Perisai Pacific 103 (PP103), due to be completed in July 2016
It is buying opportunity for PERISAI now at current price levels.
2014-08-30 01:22 | Report Abuse
I expect this stock to produce its earnings magic starting Q3 2014 onward. I had already taken position in this stock. I am confident that the investment in automation of production machinery will produce the earnings magic from Q3 2014 onward. This stock is a good buy now and I will hold this stock as I am confident that the management will produce earnings magic which will likely result in substantial capital appreciation of my invested capital. Dividend payout may also be quite attractive with the earnings magic performance. Despite its lackluster past performance this stock had generated good positive operational cash flow.
2014-08-30 00:53 | Report Abuse
This is a good pharmaceutical stock to own as it has good biz and competent management. The earnings growth had been steady but I expect above average earnings growth in 2H 2014 and beyond. The dividend payout is decent but I am looking more towards appreciation of my invested capital from 2H 2014 onward.
2014-08-30 00:44 | Report Abuse
This low key boring stock is steadily showing its power to produce improving earnings over time. I am confident the earnings can easily triple that of its previous low earnings. Once that happens future dividends payout will most likely double or more. So stay invested in this low key boring stock. You can sleep well with this stock.
2014-08-30 00:40 | Report Abuse
No need to agonize over, be emotionally distraught and be traumatized by this stock . fear not this stock as this stock has great potential to be future energy provider.
Just buy and let the owners and management produce the magic.
2014-08-30 00:26 | Report Abuse
GST related Stocks will most likely be the darlings of BURSA next year. I noticed that GST stocks are starting to move now ahead of the impending Budget. Censof has built itself a niche position in being the supplier of GST accounting software to 80 odd govt agencies plus offering the OBB software package as well. Once the govt contracts are awarded, the earnings rise will be very substantial for an asset light company such as Censof. It may possibly be the next Datasonic!!
2014-08-29 23:58 | Report Abuse
Telecommunications coverage in Sarawak is expected to rise to 90 per cent next year with the construction of 149 new towers in the state, Communication and Multimedia Minister Datuk Seri Ahmad Shabery Cheek said here yesterday. He said the tenders for the construction of these towers in Sarawak had been issued and work would begin by the end of this year at the latest and is expected to cost
RM200 million. This was part of the ministry’s plan to build 400 towers
throughout the country.
(Source : The Borneo Post Online,13 May 2014)
If the work for the construction of 149 new towers in Sarawak would begin by end of 2014 at the latest, the results of the tender awards may be coming out soon.
2014-08-29 23:40 | Report Abuse
Can this company do worse than what it had done in the past? Maybe yes and maybe no. Perhaps the new management can do better than the past and maybe the future share price will reflect the positive turnaround when it happens. In that event will you see current price level in the future?
In a classical pump and dump, perhaps the buying opportunity arise when the intensity of dumping was at its highest as happened this morning. I have collected both warrants and mother share and is +0.5 cents ahead.
On a longer term basis, I doubt investors will see this price level again when the new management has successfully turnaround this company.
2014-08-28 12:35 | Report Abuse
Hopefully the EPS will go on a trajectory path UP and % Dividend payout also GO UP!! This is a solid Oil & Gas Consumer Stock
2014-08-28 12:03 | Report Abuse
haikeyila,OK your point has been noted. Please tell me what is your take on CPO price? What is your investment strategy on CPO stocks?
2014-08-28 00:58 | Report Abuse
This stock had already bottomed and gone sideways. Now it is up to CEO AK Nathan to deliver the additional earnings from its new biz venture in lift boats to propel the share price up.
2014-08-28 00:50 | Report Abuse
The recent sell down was an opportunity to initiate position in this stock. Future stock performance is dependent on whether it can arrest the EPS decline and put the EPS on upward growth trajectory.
2014-08-28 00:40 | Report Abuse
This stock had already bottomed out and is now waiting for catalysts(Tower projects, Tower Reits, M&A activities etc) to propel its price up.
2014-08-28 00:35 | Report Abuse
This stock has the future catalyst of becoming a CBM Gas player. Congrats to all stockholders when this becomes a reality and the price may not be at current level of 11 cents by then. I have already initiated a position around these levels.
2014-08-28 00:27 | Report Abuse
The stock price movement is signaling that the forthcoming quarterly results will be better than the previous quarter. Let see whether Mr Market uncanny view is spot on!!
2014-08-28 00:16 | Report Abuse
I will only look into this stock when CPO price had bottomed out and gone sideways.
2014-08-27 00:30 | Report Abuse
EVERGRN share price had already BOTTOMED OUT and is slowly resuming its UPTREND. Let's see what the upcoming quarterly results will be and how the future quarters performance will turn out.
The noticeable fact is EVERGRN had managed to generate good operational cash flows based on past performance. The not so good fundamentals are being sorted out by the management. Only time will tell whether the fundamentals will continue to improve further.
2014-08-27 00:16 | Report Abuse
You make your own choice
you make your own decision
you reap what you sow for better or for the worse
whether it is praise yourself for making such marvelous decision or
blame yourself for making not so good decision
accept the fact that it is your own decision
please don't blame others, blame ONLY yourself
Be a man, own up to your failings, and move on in life
2014-08-27 00:10 | Report Abuse
PMCORP does not have what it takes to grow the chocolate business
PMCORP results speak volumes about what it cannot do rather than what it can really do.
2014-08-27 00:05 | Report Abuse
Mr Market is already signaling that it will get better!! Just listen to Mr Market as Mr Market is always the first to see the opportunity!!
2014-08-26 23:56 | Report Abuse
TO cut a Long Story short..
AZRB Price had run ahead of its fundamentals..
2014-08-26 23:54 | Report Abuse
When CPO price goes down and goes down further, it is not hell and doom...IT IS A REAL BUYING OPPORTUNITY!!!
2014-08-26 21:14 | Report Abuse
Ride the TREND UP and LET THE TREND UP BE YOUR FRIEND.No need to ask too many question as you will MISS OUT on opportunity while trying to get the answers which you will not get it anyway!!!
2014-08-26 21:04 | Report Abuse
I have invested in Parkson when its share price bottomed. I still hold the shares. What matters most to me in INCREASING CAPITAL GAIN as its its share price kept going UP!!!
2014-08-25 12:56 | Report Abuse
"The Subtle Art of Seduction" is more apt!! LOL
2014-08-25 12:20 | Report Abuse
haikeyila, Please follow your passion in investing. Yes boys are a real waste of time for a matured woman like you and I will agree wholeheartedly with you!!
By the way it is good to be idealistic in holding onto one's dream for a real man but real men who admit their mistakes and follies may not possibly give you the feel of what real love is? As such in real life, one cannot look for a solution that fits all. Any solution that caters to a certain requirement has its boundary limits.
As such one ought to be more pragmatic in prioritizing on what one really look for in "I WANT TO FEEL WHAT LOVE IS" rather than be doggedly idealistic in clinging onto a dreamy conceptual vision of "I WANT TO FEEL WHAT LOVE IS"!!
2014-08-25 11:25 | Report Abuse
Bet my bottom dollar that those who sold out above RM 2.60 are now waiting PATIENTLY for CPO price to BOTTOM OUT.
2014-08-19 11:00 | Report Abuse
Indonesian draft bill to slash foreign ownership of plantations to 30% is a major risk factor that could impact on AZRB future earnings from the Palm Oil business.
2014-08-17 09:38 | Report Abuse
Bagaimana seorang Ahli Dewan Undangan Negeri (Adun) Bebas bukan anggota PR boleh terus menjadi menteri besar PR?
Untuk memecat exco daripada PKR dan DAP dan mengekalkan PAS, ia mesti dibincangkan lebih dulu dengan PAS (Jawatankuasa PAS Pusat) dan mendapat persetujuan gabungan yang lain.Setahu saya, PAS Pusat tidak pernah bermesyuarat dalam tempoh ini untuk memutuskan kedudukan itu.
Bagaimana Tan Sri boleh kekal sebagai menteri besar dengan tidak melepaskan jawatan secara bermaruah pada hari sama Tan Sri dipecat sebagai ahli PKR? Sultan menitahkan untuk Tan Sri kekal adalah kebijaksanaan baginda tetapi Tan Sri mempunyai pilihan untuk menolak perkenan itu atas pilihan Tan Sri sendiri.
Apa lagi bertindak seakan-akan Tan Sri masih berkuasa penuh padahal asas legitimasi Tan Sri sudah runtuh.
Meletakkan jawatan adalah langkah terhormat. Ia bukan akhir sebuah karier politik.
Bertindak secara tidak bermaruah itulah sebenarnya akhir sebuah karier politik. Dan hitamnya rekod kehidupan
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THIS ARE INDEED WORDS OF WISDOM FROM PAS VP DATUK HUSAM MUSA.
2014-08-17 09:37 | Report Abuse
Bagaimana seorang Ahli Dewan Undangan Negeri (Adun) Bebas bukan anggota PR boleh terus menjadi menteri besar PR?
Untuk memecat exco daripada PKR dan DAP dan mengekalkan PAS, ia mesti dibincangkan lebih dulu dengan PAS (Jawatankuasa PAS Pusat) dan mendapat persetujuan gabungan yang lain.Setahu saya, PAS Pusat tidak pernah bermesyuarat dalam tempoh ini untuk memutuskan kedudukan itu.
Bagaimana Tan Sri boleh kekal sebagai menteri besar dengan tidak melepaskan jawatan secara bermaruah pada hari sama Tan Sri dipecat sebagai ahli PKR? Sultan menitahkan untuk Tan Sri kekal adalah kebijaksanaan baginda tetapi Tan Sri mempunyai pilihan untuk menolak perkenan itu atas pilihan Tan Sri sendiri.
Apa lagi bertindak seakan-akan Tan Sri masih berkuasa penuh padahal asas legitimasi Tan Sri sudah runtuh.
Meletakkan jawatan adalah langkah terhormat. Ia bukan akhir sebuah karier politik.
Bertindak secara tidak bermaruah itulah sebenarnya akhir sebuah karier politik. Dan hitamnya rekod kehidupan
---------------------------------------------------------------------------
THIS ARE INDEED WORDS OF WISDOM FROM PAS VP DATUK HUSAM MUSA.
2014-08-16 10:51 | Report Abuse
Bagaimana seorang Ahli Dewan Undangan Negeri (Adun) Bebas bukan anggota PR boleh terus menjadi menteri besar PR?
Untuk memecat exco daripada PKR dan DAP dan mengekalkan PAS, ia mesti dibincangkan lebih dulu dengan PAS (Jawatankuasa PAS Pusat) dan mendapat persetujuan gabungan yang lain.Setahu saya, PAS Pusat tidak pernah bermesyuarat dalam tempoh ini untuk memutuskan kedudukan itu.
Bagaimana Tan Sri boleh kekal sebagai menteri besar dengan tidak melepaskan jawatan secara bermaruah pada hari sama Tan Sri dipecat sebagai ahli PKR? Sultan menitahkan untuk Tan Sri kekal adalah kebijaksanaan baginda tetapi Tan Sri mempunyai pilihan untuk menolak perkenan itu atas pilihan Tan Sri sendiri.
Apa lagi bertindak seakan-akan Tan Sri masih berkuasa penuh padahal asas legitimasi Tan Sri sudah runtuh.
Meletakkan jawatan adalah langkah terhormat. Ia bukan akhir sebuah karier politik.
Bertindak secara tidak bermaruah itulah sebenarnya akhir sebuah karier politik. Dan hitamnya rekod kehidupan
----------------------------------------------------------------------
THIS ARE THE WORDS OF A TRUE STATESMAN WITH VERY CLEAR PRINCIPLES AND HE COULD POSSIBLY BE A POTENTIAL PRIME MINISTER OF MALAYSIA. MALAYSIA NEEDS MORE POLITICAL LEADERS WITH HIGH PRINCIPLES IN THE LIKES OF DATUK HUSAM MUSA.
2014-08-16 01:03 | Report Abuse
Mentri Besar Khalid Ibrahim was sacked as party member from PKR. MB Khalid Ibrahim still wanted to hold onto the position of Mentri Besar of Selangor state government. Previously he became Mentri Besar because the Pakatan Rakyat coalition parties had decided that he becomes the Mentri Besar of Selangor. Now that he is no longer a PKR member, he should go back to the ADUNS and ask the ADUNS whether they still wanted him to continue as Mentri Besar of Selangor. This is the proper and principled way to continue as Mentri Besar after becoming PARTYLESS.
The Mentri Besar has the power to call an emergency meeting of all ADUNS and ask all ADUNS to vote on whether they still support him as Mentri Besar of Selangor after he became partyless. Khalid Ibrahim decided not to call for an emergency meeting of all ADUNS although the position of Mentri Besar empowers Khalid to call for an emergency meeting of all ADUNS to get the majority vote of confidence to continue as Mentri Besar. This is the proper and principled manner for Khalid to do but he decided not to do so. Why didn't he call for an emergency meeting of all ADUNS to ask for their vote of confidence in his continued leadership as Mentri Besar of Selangor?
Instead he went to the Sultan of Selangor and told the Sultan that he had the majority support from ADUNS which he knew very well that he did not have the majority support. Khalid Ibrahim had deliberately misled and abused the trust that the Sultan of Selangor had placed in the position of Mentri Besar of Selangor.
Khalid Ibrahim should have called for an emergency meeting of all ADUNS to asked for their vote of confidence in Khalid continuing as the Mentri Besar of Selangor first before meeting with the Sultan of Selangor.
WHY DIDNT MENTRI BESAR KHALID IBRAHIM CALL FOR AN EMERGENCY MEETING OF ALL ADUNS FOR THEIR VOTE OF CONFIDENCE IN HIS CONTINUED LEADERSHIP AS MENTRI BESAR OF SELANGOR?
WHAT HAVE HE GOT TO FEAR BY NOT CALLING FOR THE EMERGENCY MEETING OF ALL ADUNS?
WHY DID KHALID IBRAHIM DELIBERATELY AND WILFULLY MISLED THE SULTAN OF SELANGOR AND ABUSED THE TRUST THAT THE SULTAN HAD IN THE MENTRI BESAR POSITION BY ADVISING THE SULTAN THAT HE HAD THE MAJORITY SUPPORT OF ADUNS WHICH HE DID NOT HAVE?
2014-08-16 01:03 | Report Abuse
Mentri Besar Khalid Ibrahim was sacked as party member from PKR. MB Khalid Ibrahim still wanted to hold onto the position of Mentri Besar of Selangor state government. Previously he became Mentri Besar because the Pakatan Rakyat coalition parties had decided that he becomes the Mentri Besar of Selangor. Now that he is no longer a PKR member, he should go back to the ADUNS and ask the ADUNS whether they still wanted him to continue as Mentri Besar of Selangor. This is the proper and principled way to continue as Mentri Besar after becoming PARTYLESS.
The Mentri Besar has the power to call an emergency meeting of all ADUNS and ask all ADUNS to vote on whether they still support him as Mentri Besar of Selangor after he became partyless. Khalid Ibrahim decided not to call for an emergency meeting of all ADUNS although the position of Mentri Besar empowers Khalid to call for an emergency meeting of all ADUNS to get the majority vote of confidence to continue as Mentri Besar. This is the proper and principled manner for Khalid to do but he decided not to do so. Why didn't he call for an emergency meeting of all ADUNS to ask for their vote of confidence in his continued leadership as Mentri Besar of Selangor?
Instead he went to the Sultan of Selangor and told the Sultan that he had the majority support from ADUNS which he knew very well that he did not have the majority support. Khalid Ibrahim had deliberately misled and abused the trust that the Sultan of Selangor had placed in the position of Mentri Besar of Selangor.
Khalid Ibrahim should have called for an emergency meeting of all ADUNS to asked for their vote of confidence in Khalid continuing as the Mentri Besar of Selangor first before meeting with the Sultan of Selangor.
WHY DIDNT MENTRI BESAR KHALID IBRAHIM CALL FOR AN EMERGENCY MEETING OF ALL ADUNS FOR THEIR VOTE OF CONFIDENCE IN HIS CONTINUED LEADERSHIP AS MENTRI BESAR OF SELANGOR?
WHAT HAVE HE GOT TO FEAR BY NOT CALLING FOR THE EMERGENCY MEETING OF ALL ADUNS?
WHY DID KHALID IBRAHIM DELIBERATELY AND WILFULLY MISLED THE SULTAN OF SELANGOR AND ABUSED THE TRUST THAT THE SULTAN HAD IN THE MENTRI BESAR POSITION BY ADVISING THE SULTAN THAT HE HAD THE MAJORITY SUPPORT OF ADUNS WHICH HE DID NOT HAVE?
2014-08-16 00:55 | Report Abuse
Mentri Besar Khalid Ibrahim was sacked as party member from PKR. MB Khalid Ibrahim still wanted to hold onto the position of Mentri Besar of Selangor state government. Previously he became Mentri Besar because the Pakatan Rakyat coalition parties had decided that he becomes the Mentri Besar of Selangor. Now that he is no longer a PKR member, he should go back to the ADUNS and ask the ADUNS whether they still wanted him to continue as Mentri Besar of Selangor. This is the proper and principled way to continue as Mentri Besar after becoming PARTYLESS.
The Mentri Besar has the power to call an emergency meeting of all ADUNS and ask all ADUNS to vote on whether they still support him as Mentri Besar of Selangor after he became partyless. Khalid Ibrahim decided not to call for an emergency meeting of all ADUNS although the position of Mentri Besar empowers Khalid to call for an emergency meeting of all ADUNS to get the majority vote of confidence to continue as Mentri Besar. This is the proper and principled manner for Khalid to do but he decided not to do so. Why didn't he call for an emergency meeting of all ADUNS to ask for their vote of confidence in his continued leadership as Mentri Besar of Selangor?
Instead he went to the Sultan of Selangor and told the Sultan that he had the majority support from ADUNS which he knew very well that he did not have the majority support. Khalid Ibrahim had deliberately misled and abused the trust that the Sultan of Selangor had placed in the position of Mentri Besar of Selangor.
Khalid Ibrahim should have called for an emergency meeting of all ADUNS to asked for their vote of confidence in Khalid continuing as the Mentri Besar of Selangor first before meeting with the Sultan of Selangor.
WHY DIDNT MENTRI BESAR KHALID IBRAHIM CALL FOR AN EMERGENCY MEETING OF ALL ADUNS FOR THEIR VOTE OF CONFIDENCE IN HIS CONTINUED LEADERSHIP AS MENTRI BESAR OF SELANGOR?
WHAT HAVE HE GOT TO FEAR BY NOT CALLING FOR THE EMERGENCY MEETING OF ALL ADUNS?
WHY DID KHALID IBRAHIM DELIBERATELY AND WILFULLY MISLED THE SULTAN OF SELANGOR AND ABUSED THE TRUST THAT THE SULTAN HAD IN THE MENTRI BESAR POSITION BY ADVISING THE SULTAN THAT HE HAD THE MAJORITY SUPPORT OF ADUNS WHICH HE DID NOT HAVE?
2014-08-14 23:02 | Report Abuse
What goes down will go up in the future as well just like low tide followed by high tide. For those that are still confident on JTIASA fundamentals, this could be an opportunity to collect at lower prices.
2014-08-14 14:12 | Report Abuse
Two PAS reps on board, Wan Azizah claims majority
PKR president Dr Wan Azizah Wan Ismail has majority in the Selangor state assembly to become the next menteri besar after two PAS state assemblypersons expressed their backing for her.
2014-08-14 14:11 | Report Abuse
Two PAS reps on board, Wan Azizah claims majority
PKR president Dr Wan Azizah Wan Ismail has majority in the Selangor state assembly to become the next menteri besar after two PAS state assemblypersons expressed their backing for her.
2014-08-14 13:14 | Report Abuse
Two PAS reps on board, Wan Azizah claims majority
Ahmad Fadli KC | 11:17AM Aug 14
UPDATED 12.55PM With the pair's support, the PKR president has an edge over MB Khalid Ibrahim
2014-08-14 13:14 | Report Abuse
Two PAS reps on board, Wan Azizah claims majority
Ahmad Fadli KC | 11:17AM Aug 14
UPDATED 12.55PM With the pair's support, the PKR president has an edge over MB Khalid Ibrahim.
2014-08-14 12:15 | Report Abuse
Increasing Firming Bullish undertone augurs well for future CONTINUED UPTREND of EVERGRN stock price. I expect future performance to show IMPROVING AND LATER ON STELLAR FUNDAMENTALS that will propel the stock price UP!!I am long this stock.
2014-08-14 10:12 | Report Abuse
TA indicators already indicated that Mudajya price had been OVERSOLD. Further downside is limited. Trend reversal is in the offing!!
2014-08-14 09:30 | Report Abuse
http://malaysianunplug.blogspot.com/2014/08/khalid-ibrahim-best-well-kept-secret.html' target='_blank'>http://malaysianunplug.blogspot.com/2014/08/khalid-ibrahim-best-well-kept-secret.html
http://malaysianunplug.blogspot.com/
2014-08-14 09:26 | Report Abuse
http://malaysianunplug.blogspot.com/2014/08/khalid-ibrahim-best-well-kept-secret.html' target='_blank'>http://malaysianunplug.blogspot.com/2014/08/khalid-ibrahim-best-well-kept-secret.html
http://malaysianunplug.blogspot.com/
2014-08-14 09:24 | Report Abuse
http://malaysianunplug.blogspot.com/2014/08/khalid-ibrahim-best-well-kept-secret.html' target='_blank'>http://malaysianunplug.blogspot.com/2014/08/khalid-ibrahim-best-well-kept-secret.html
http://malaysianunplug.blogspot.com/
2014-08-13 23:31 | Report Abuse
Constitution of the State of Selangor
The Constitution of the State of Selangor came into force on the 26 of February 1959. The constitution is separated into two parts. Under the 1959 constitution, Selangor is a constitutional monarchy.
Selangor Sultanate
The Sultan of Selangor is the constitutional Ruler of Selangor. The role, powers and duties of the Sultan are set forth in the constitution of 1959. The constitution proclaims that the office of Sultan is vested with the executive power of the state, is the head of the religion of Islam in the state and the "fountain of honours and dignities" in the state.
This position is hereditary and can only be held by a member of Selangor's royal family. The current ruler is His Royal Highness Sultan Sharafuddin Idris Shah, who has held this position since 2001.
State Executive Council
The State Executive Council, which along with the Sultan is Selangor's executive branch of government, was established by the constitution of 1959. It is composed of the Menteri Besar, who is its chairman and Selangor's head of government, and ten other members. The Menteri Besar and other members of the council are appointed by the Sultan of Selangor from members of the State Assembly.
State Assembly
The state also has a legislative branch, called the Selangor State Assembly. It is similar to the Parliament but is limited to making laws relating to the state. Its members are elected in elections which are usually held simultaneously with federal elections. The term of each state assembly member is limited to five years. The state assembly must be dissolved before or once it expires its term for a fresh election to elect its members.
2014-08-13 23:30 | Report Abuse
Constitution of the State of Selangor
The Constitution of the State of Selangor came into force on the 26 of February 1959. The constitution is separated into two parts. Under the 1959 constitution, Selangor is a constitutional monarchy.
Selangor Sultanate
The Sultan of Selangor is the constitutional Ruler of Selangor. The role, powers and duties of the Sultan are set forth in the constitution of 1959. The constitution proclaims that the office of Sultan is vested with the executive power of the state, is the head of the religion of Islam in the state and the "fountain of honours and dignities" in the state.
This position is hereditary and can only be held by a member of Selangor's royal family. The current ruler is His Royal Highness Sultan Sharafuddin Idris Shah, who has held this position since 2001.
State Executive Council
The State Executive Council, which along with the Sultan is Selangor's executive branch of government, was established by the constitution of 1959. It is composed of the Menteri Besar, who is its chairman and Selangor's head of government, and ten other members. The Menteri Besar and other members of the council are appointed by the Sultan of Selangor from members of the State Assembly.
State Assembly
The state also has a legislative branch, called the Selangor State Assembly. It is similar to the Parliament but is limited to making laws relating to the state. Its members are elected in elections which are usually held simultaneously with federal elections. The term of each state assembly member is limited to five years. The state assembly must be dissolved before or once it expires its term for a fresh election to elect its members.
2014-08-13 23:29 | Report Abuse
Constitution of the State of Selangor
The Constitution of the State of Selangor came into force on the 26 of February 1959. The constitution is separated into two parts. Under the 1959 constitution, Selangor is a constitutional monarchy.
Selangor Sultanate
The Sultan of Selangor is the constitutional Ruler of Selangor. The role, powers and duties of the Sultan are set forth in the constitution of 1959. The constitution proclaims that the office of Sultan is vested with the executive power of the state, is the head of the religion of Islam in the state and the "fountain of honours and dignities" in the state.
This position is hereditary and can only be held by a member of Selangor's royal family. The current ruler is His Royal Highness Sultan Sharafuddin Idris Shah, who has held this position since 2001.
State Executive Council
The State Executive Council, which along with the Sultan is Selangor's executive branch of government, was established by the constitution of 1959. It is composed of the Menteri Besar, who is its chairman and Selangor's head of government, and ten other members. The Menteri Besar and other members of the council are appointed by the Sultan of Selangor from members of the State Assembly.
State Assembly
The state also has a legislative branch, called the Selangor State Assembly. It is similar to the Parliament but is limited to making laws relating to the state. Its members are elected in elections which are usually held simultaneously with federal elections. The term of each state assembly member is limited to five years. The state assembly must be dissolved before or once it expires its term for a fresh election to elect its members.
Stock: [PERISAI]: PERISAI PETROLEUM TEKNOLOGI BHD
2014-09-11 11:51 | Report Abuse
Good opportunity to collect at these price levels. Just follow EPF buying.