See this company don't need to pay the Tax.
https://www.chinapress.com.my/20211115/%e8%b6%85%e8%bf%8785%e7%9b%88%e5%88%a9%e6%9d%a5%e8%87%aa%e6%b5%b7%e5%a4%96-%e6%a3%ae%e9%82%a3%e7%be%8e%ef%bc%9a%e7%b9%81%e8%8d%a3%e7%a8%8e%e5%bd%b1%e5%93%8d%e5%8f%af%e6%8e%a7/

At least ALP has clarified this matter, if anyone still want to mislead people.We could not force them to stop. But wise one will know who to believe. The share price will rise just matter of time. Now is the best opportunity to accumulate where the price still low.

No more arguing the coal prices hike will affect Jaks.

On a separate note, due to the recent fluctuation in coal prices, JAKS would like to give assurance that the
fluctuations will not impact the Group’s profit generated from JAKS Hai Duong Power Plant in Vietnam as
coal prices are passed through to the off taker, Vietnam Electricity. The coal supplied to the power plant is
entirely sourced locally, via the coal supply arrangement signed with Vietnam National Coal-Mineral
Industries Group, commonly known as Vinacomin, to ensure a stable supply of coal for 25 years. In light of
this, JAKS is not exposed to the risk on the global coal price fluctuations.

The next quarter result another 30 million profit in line.

Well said.

https://www.chinapress.com.my/20211005/%e2%97%a4%e4%b9%a6%e7%94%9f%e7%9f%a5%e8%a7%81%e2%97%a2-%e6%b1%9f%e5%81%a5%e5%8b%87%ef%bc%9a%e8%82%a1%e5%b8%82%e4%b8%ad%e8%87%aa%e6%88%91%e6%84%9f%e8%a7%89%e8%89%af%e5%a5%bd%e7%9a%84%e5%81%8f%e8%a7%81/

Jaks future is good no doubt. At this price still cheap.

JAKS Hai Duong Power Plant contributes RM29.8 million share of profit
KEY HIGHLIGHTS
• Q1FY2021 PBT turnaround to RM15.3 million from a LBT of RM16.8 million in Q1FY2020.
• Q1FY2021 PATAMI improved significantly to RM19.7 million from a LATAMI of RM6.2 million in
Q1FY2020.
• Commencement of the commercial operations of JAKS Hai Duong Power Plant contributed to JAKS’s
profits substantially.
SUBANG JAYA, 21 MAY 2021 - JAKS Resources Berhad (“JAKS” or the “Group”), a construction and power
holdings company specialising in water and other infrastructure projects, and energy development,
announced its financial results for the first quarter of financial year 2021 ended 31 March 2021, today.
For the quarter under review, the profit before tax and profit after tax and minority interests were RM15.3
million and RM19.7 million respectively, as compared to the loss before tax of RM16.8 million and loss after
tax and minority interests of RM6.2 million incurred in the preceding year’s corresponding quarter. JAKS’s
commendable start to the financial year was made possible by its share of the profits in relation to its 30%
stake in the 1,200-megawatts JAKS Hai Duong Power Plant joint venture, which amounted to RM29.8
million. The plant’s first unit commenced commercial operation in the fourth quarter of 2020 while the
second unit achieved its commercial operation in January 2021.
JAKS reported a revenue of RM17.5 million against the RM75.2 million revenue generated in the
corresponding quarter in the preceding year. The absence of revenue contribution from the Vietnam EPC
construction works, as it has reached the tail end of the project, as well as the re-imposition of the
movement control order (“MCO”) in January 2021, which resulted in work delays and supply chain
disruptions, were basically the primary causes for the lower revenue.
2
Commenting on the results, JAKS chief executive officer Andy Ang Lam Poah said, “I am pleased to kick-off
the financial year with an exemplary first quarter earnings. As we move further into 2021, the Group will
continue to recognise a substantial portion of stable recurring income from the 1,200-megawatt Hai Duong
Power Plant joint venture for the next 25 years. This recurring income will support us through this volatile
period while we work on our execution of the new large scale solar photovoltaic plant (“LSS4”), a renewable
energy project, which the Group had been shortlisted for.”
He further added, “Along with the prospering power and energy division, we will remain focus on our
construction business as we deliver our on-going local construction projects which are near completion,
while we selectively explore more projects that provide higher margins to replenish our order book. With
this set of positive results being the first indication of what lies ahead for the Group, we will continue to
focus on nurturing and building our capabilities to enhance our competitive edge. In light of this, I am
optimistic that we will be able to present a sturdy path of long-term growth and value for our shareholders.”

Do not worry my friend, I am holding KNM Too, also will buy if further drop more. I don't think the share price will not up if the company still profit in the quarter reports. This is Malaysia, all control by EPY. Just buy and keep you never know it will up as rocket one day.

No one can predict when the KNM share price will up. After you give up this KNM, it will up to no limit. Buy when everyone think KNM just a dead share could not move. I believe it will start to rise soon or later. Don't lose this opportunity where the price still cheap. Cheers

well said. I believe the good stock will rise after the quarter result still earning.

well said Paktua, I will hold the Jaks until your target price reach or maybe will still hold.

so the grove stock drop so much also the dodgy management ? or demand will drop?

Time will tell. Buying share is about the company future's earning. Not the past.

JAKS Resources Berhad (KLSE:JAKS) shareholders will have a reason to smile today, with the covering analyst making substantial upgrades to this year's forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects.

Following the upgrade, the latest consensus from JAKS Resources Berhad's sole analyst is for revenues of RM462m in 2021, which would reflect a major 78% improvement in sales compared to the last 12 months. The losses are expected to disappear over the next year or so, with forecasts for a profit of RM0.061 per share this year. Prior to this update, the analyst had been forecasting revenues of RM314m and earnings per share (EPS) of RM0.056 in 2021. Sentiment certainly seems to have improved in recent times, with a great increase in revenue and a slight bump in earnings per share estimates.

View our latest analysis for JAKS Resources Berhad

earnings-and-revenue-growth
KLSE:JAKS Earnings and Revenue Growth April 5th 2021
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's clear from the latest estimates that JAKS Resources Berhad's rate of growth is expected to accelerate meaningfully, with the forecast 78% annualised revenue growth to the end of 2021 noticeably faster than its historical growth of 3.7% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 13% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analyst also expect JAKS Resources Berhad to grow faster than the wider industry.

The Bottom Line
The most important thing to take away from this upgrade is that the analyst upgraded their earnings per share estimates for this year, expecting improving business conditions. Fortunately, the analyst also upgraded their revenue estimates, and our data indicates sales are expected to perform better than the wider market. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at JAKS Resources Berhad.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2023, which can be seen for free on our platform here.

Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies that insiders are buying.

Promoted
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https://simplywall.st/stocks/my/capital-goods/klse-jaks/jaks-resources-berhad-shares/news/news-flash-one-analyst-just-made-a-huge-upgrade-to-their-jak

https://focusmalaysia.my/mainstream/upcoming-vietnam-power-plant-could-bring-in-over-rm720-mil-per-year-says-jaks-ceo/

JAKS Resources Bhd will see a recurring income totalling over RM720 mil per annum over the next 25 years from its upcoming power plant in Vietnam, according to JAKS’ CEO Andy Ang.

The Jaks Hai Duong Power Plant which will comprise of two 600MW units, will see the first unit come online some time in Oct 2020, ahead of the original timeline of Nov 2020.

“As it stands, the first unit is already generating electricity, but no revenue is recognised as it is still in the testing and commissioning phase at the moment.”

“The second unit is due six months after the commencement of operation date of the first unit, and is expected to be done in 1Q21,” said Ang to FocusM.

He also shared that a power plant generating 1200MW can easily see a revenue of US$600 mil to US$700 mil a year, which comes to between RM2.4 bil to RM2.8 bil. With JAKS owning 30% of the power plant, this translates to a revenue of about RM720 mil a year, which should be recognised in the second half of 2020.

“We also have the option to increase our stake in the power plant by a further 10%, and we are already working on exercising this option,” said Ang.

This also leads to JAKS looking forward to a better 2H20, after bearing the brunt of the Covid-19 pandemic in 1Q20.

“Our construction partners in Vietnam were largely from Mainland China, and they had gone back to celebrate the Lunar New Year. The Vietnamese government was also quick to react to the Covid-19 pandemic, leading to our construction partners being unable to get back to the job site.”

“This saw construction starting to slow down after the Lunar New Year. However, we received a special permit from the Vietnamese government in 2Q20, which allowed us to continue most of the work,” said Ang.

The QR should be release on February not this month.

the dividend is already in my bank account.

When the price drop there are many sifu said it will drop further, they forget the KLCI is already above 1500, means the stock will turn bull run, even the lost making company share price can rise, why not ptrans, The operator just want to make you mad and sell lowing price to them. Ptrans will move once they have played enough.Just hold tight.

http://www.impressethanol.com/

MAJOR HOLDERS
Name Shares Held As Of Date
Tatparanandam Ananda Krishnan 2.05B 03/29/19
Employees Provident Fund 327.53M 09/25/19
Karisma Mesra Sdn. Bhd. 236.28M 03/29/19
Ombak Damai Sdn. Bhd. 110.11M 03/29/19
Wijaya Sinar Sdn. Bhd. 78.76M 03/29/19
Urusharta Jamaah Sdn. Bhd. 51.96M 03/29/19
Wijaya Baiduri Sdn. Bhd. 44.96M 03/29/19
Gary Neal Christenson 34.92M 07/16/19
Siling Fong 30M 03/29/19
Chai Beng Lim 24.5M 03/29/19

MAJOR HOLDERS
Name Shares Held % Outstanding Change in Shares % of Assets As Of Date
Government Pension Fund - Global (The) 126.49M 2.15% -49.73M 0% 12/31/18
Vanguard Emerging Markets Stock Index Fund 53.55M 0.91% 0 0.01% 08/31/19
Vanguard Total International Stock Index Fund 51.48M 0.88% 0 0% 08/31/19
DFA Emerging Markets Core Equity Portfolio 30.45M 0.52% 0 0.01% 04/30/19
DFA Dimensional Emerging Markets Value Fund 29.25M 0.5% 0 0.01% 04/30/19
DFA Emerging Markets Small Cap Series 17.51M 0.3% 0 0.02% 01/31/19
Amanah Saham Gemilang - Pendidikan 11.5M 0.2% 4.09M 0.41% 09/30/17
Vanguard FTSE All World (ex-US) Small Cap 9.07M 0.15% 0 0.01% 08/31/19
iShares Plc - Core MSCI Emerging Markets IMI UCITS ETF 7.38M 0.13% 0 0% 10/3/19

kenanga investors bhd. loss, that,s why ask people to sell. stupid!

MAJOR HOLDERS
Name Shares Held % Outstanding Change in Shares % of Assets As Of Date
Permodalan Nasional Bhd. 752.38M 12.8% -4.72M 0.16% 03/29/19
The Vanguard Group, Inc. 118.59M 2.02% 86.4K 0% 08/31/19
Norges Bank Investment Management 103.65M 1.76% 103.65M 0% 03/29/19
Dimensional Fund Advisors LP 84.08M 1.43% 0 0% 10/3/19
California State Teachers' Retirement System 27.53M 0.47% 27.53M 0% 03/29/19
BlackRock Advisors (UK) Ltd. 8.96M 0.15% 0 0% 10/3/19
Pacific Mutual Fund Bhd. 7.56M 0.13% 1.53M 0.65% 06/30/19
Parametric Portfolio Associates LLC 6.98M 0.12% 0 0% 08/30/19
KAF Investment Funds Bhd. 6M 0.1% 4.6M 1.58% 02/28/19
Kenanga Investors Bhd. 5.69M 0.1% -28.03M 0.09% 11/30/18

If Armada is dead boat, no one will pump in Money.If they are stupid who is clever.

Recall that we estimated the capital expenditure required being around US$1 billion to US$1.2 billion. Thus, Bumi Armada’s portion is estimated at around US$60 million to US$75 million for its equity stake, assuming a debt equity ratio of 80:20. This news should put to rest market jitters of a cash call for funding this project for now, as it is sufficient to cover its current requirements. We do not discount the entrance of another project lender at a later stage for this project. With respect to the Maltese floating storage unit, we understand that it is simply just another project financier stepping in due to issues with timing.

We are keeping our “buy” rating on the stock with higher sum-of-parts-(SOP)-driven TP of 44 sen per share.

Financial commitments given to Bumi Armada units end cash call jitters

https://www.thestar.com.my/business/business-news/2019/09/03/quick-take-bumi-armada-active-rises-4-in-early-trade#cxrecs_s
KUALA LUMPUR: BUMI ARMADA BHD
image: https://cdn.thestar.com.my/Themes/img/chart.png

rose almost 3.9% in early trade Tuesday after a couple of brokerages upgraded “buy” on the stock, following the release of its latest quarterly results.

The offshore energy facilities and services provider rose 3.92%, or one sen to 26.5 sen. It is the most active counter on Bursa Malaysia with 103.56 million shares done.

Bumi Armada Bhd a net profit of RM78.21mil in the second quarter ended June 30,2019 compared to a net loss of RM585.48mil in the year-ago quarter, on the back of higher contributions from Armada Kraken FPSO and Armada Olombendo FPSO.

Its revenue for the quarter fell to RM535.64mil from RM654.04mil a year earlier, due mainly to decrease in revenue from its offshore marine services (OMS) segment.



Revenue was lower at RM1.03bil in the first half against RM1.25bil previously.

AmInvestment Bank Research has upgraded its recommendation on Bumi Armada to “buy” from “hold” with a higher fair value of 33 sen share (from an earlier 20 sen share), by removing the 30% discount on our sum-of-parts of 33 sen share given the group’s improving earnings and debt profile.

CGS-CIMB Research said Bumi Armada’s 1H19 core net profit was inline at 50% of its full-year forecast, but at 60% of consensus estimate, it comfortably outperformed street’s expectations.

“We upgrade from hold to add as the troubled Kraken has been stabilised, and debt repayment is no longer a risk after the April debt refinancing.

“Due to the lower risk profile, we remove the 40% discount to SOP that we had applied previously; hence, our target price is raised to 36 sen, ” It said.


Read more at https://www.thestar.com.my/business/business-news/2019/09/03/quick-take-bumi-armada-active-rises-4-in-early-trade#crGW7uvOmh9ARg96.99

Hold tight armada, the profit is promising.

https://www.sinchew.com.my/content/2019-03/13/content_2021963.html

GPFG现为全球最大主权基金，旗下管理资产价值超过1兆美元（约4.08兆令吉），现投资全球341家油气勘探与生产公司，总市值达370亿美元或占总基金规模的3.7%。

其中，GPFG投资高达5亿3000万美元于东盟油气价值链，马股也与有荣焉，共有7家油气公司获得GPFG青睐，包括大红花石油、REACH能源、阿玛达（ARMADA,5210,主板能源组）、戴乐集团（D I A L O G，7277，主板能源组）、沙布拉能源（SAPNRG,5218,主板能源组）、乌兹马（UZMA,7250,主板能源组）和VELESTO能源（VELESTO,5243,主板能源组）

what happen to this stock?

sell and buy only EPF itself.

The Board of Directors of the Company wishes to announce that on 15 May 2017, a Winding-Up Petition pursuant to Section 218 of the Companies Act, 1965 together with a copy of the Affidavit Verifying Petition (“the said Winding-Up Petition”) has been served on Perisai Pacific 102 (L) Inc (“Perisai Pacific”), a subsidiary of Perisai Drilling Holdings Sdn Bhd (a wholly-owned subsidiary of Perisai Petroleum Teknologi Bhd) by Messrs Yeoh & Joanne, the Solicitors who act on behalf of Tech Offshore Marine (S) Pte Ltd (“Tech Offshore”) demanding for the payment of the total outstanding sum owing by Perisai Pacific to Tech Offshore amounting to USD178,636.00.

The Winding-Up Petition was presented to the High Court of Sabah and Sarawak in the Federal Territory of Labuan.

The Company wishes to announce that it will defend these proceedings and will contest any winding-up proceedings that may be initiated.

As the alleged debt has been incorporated in the financial statements, the financial impact from the winding-up proceedings is the loss of investment in Perisai Pacific. There is no impact on the operation of the Group.

The Company is seeking the necessary legal advice to resolve and/or defend against the above matter.

Further announcement on the developments of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 16 May 2017.

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性
或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚
賴該等內容而引致的任何損失承擔任何責任。
PARKSON RETAIL GROUP LIMITED
百盛商業集團有限公司
（於開曼群島註冊成立的有限公司）
（股份代號：03368及05936）
關於訴訟的進一步更新資料
本公告是百盛商業集團有限公司（「本公司」，連同其附屬公司統稱「本集團」）就
該訴訟提供進一步的更新資料而刊發的。
除了因上文下理的需要而要另作解釋外，本公告內所用詞彙的涵義與本公司一份
日期為2016年7月18日的公告（「第一份公告」）內所界定者相同。
背景
(a) 在第一份公告裏披露了百盛商業發展和百盛投資（本公司的兩家間接全資附
屬公司）為該訴訟的其中兩名被告人等資料。
(b) 在第一份公告裏題為「2.1裁定書」一節披露了下述等的資料：
(i) 根據裁定書，原告人已向該法院提出財產保全的申請，要求凍結被告人
金額為人民幣212,405,363元的銀行存款或其他等值資產（「該項原告的申
請」）；及
(ii) 根據裁定書，該法院已接受該項原告的申請，裁定凍結被告人金額為人
民幣212,405,363元的銀行存款或其他等值資產。
(c) 在本公司一份日期為2016年7月21日的公告裏披露了百盛商業發展和百盛投資
分別向該法院提出有關該訴訟的複議申請等資料。
2
對裁定書的複議的結果
在2017年7月25日，本集團收到了與上述複議有關的裁定書（「複議裁定書」）。根
據複議裁定書：
(a) 業主要根據複議裁定書裏說明的金額向原告支付(i)本金和利息和(ii)律師費；
(b) 如果業主沒有遵守上述(a)段所述的判決，原告有權向百盛商業發展收取百盛
商業發展就該物業應向業主支付的租金；及
(c) 任何一方不服判決，可在複議裁定書送達之十五日內向該法院遞交上訴狀。
本公司的理解為該項原告的申請（即原告人向該法院提出財產保全的申請，要求
凍結被告人金額為人民幣212,405,363元的銀行存款或其他等值資產）已經因複議
裁定書而被該法院實質駁回，而除了上文(b)段所披露者，複議判決書下沒有任何
與百盛商業發展或百盛投資有關的濟助。
承董事會命
百盛商業集團有限公司
丹斯里鍾廷森
執行董事及主席
二零一七年七月二十八日
於本公告日期，丹斯里鍾廷森、張瑞雄先生及鍾珊珊女士為本公司執行董事；拿
督何國忠博士為本公司非執行董事；拿督胡亞橋、高德輝先生及丘銘劍先生為本
公司獨立非執行董事

Maybank, Censof announces collaboration 04/29/2016 | 12:01am EDT


Malayan Banking Bhd (Maybank) is capitalising on Censof Holdings Bhd's IT expertise to offer digital banking solutions to small medium enterprises (SME) in Singapore.

In a joint statement, Maybank and Censof said Maybank had signed a

memorandum of intent with Censof's subsidiary Asian Business Software Solutions (ABSS).

"This collaboration will see Maybank and ABSS work hand-in-hand to deliver innovative solutions that leverage on MYOB software and the existing Maybank2U Business Internet Banking online platform.

"Asian Business Software Solutions (ABSS) group, via their MYOB branded SME accounting software, is at the forefront of SME growth in the region and is a specialist in the digitisation and modernisation of SME processes," Maybank and Censof said.

Maybank Singapore chief executive officer Datuk Lim Hong Tat said in the statement that capitalising on "financial technology" was one of the methods to grow the bank's business.

SMEs are at a turning point, they need to look to financial technology to transform and grow their business. As a partner to SMEs for more than 56 years, our goal is to provide our customers with solutions that address the needs of our customers, from payroll to payments, so that they can compete in a fast and cost-effective manner particularly as we face a challenging economy, Lim said.

Censof managing director Ameer Shaik Mydin said a collaboration with Maybank would raise Censof's profile. This collaboration with such an esteemed organisation as Maybank is a testament to the effectiveness and capabilities of our solutions. This partnership will add to Censofs growing list of partners and enable us to continue to be at the forefront of SME growth across the region," Ameer said.

At Bursa Malaysia today, Maybank shares fell four sen or 0.4% to RM8.86 for a market value of RM86.98 billion. The stock saw 387,900 shares transacted amid broader market losses.

At 10:07am, the FBM KLCI fell 10.97 points to 1,663.79.

(c) 2016 Emirates News Agency (WAM) Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Censof unit in deal with Australia’s Mint Payments
Censof Holdings Bhd’s subsidiary, Asian Business Software Solutions Pte
Ltd (ABSS), has entered into a master services agreement to distribute,
license and integrate Mint Payments Ltd’s omni-channel payment
solutions with ABSS’s MYOB branded SME software products. The
exclusive agreement with Mint, a company listed in Australian Stock
Exchange, has an initial term of three years and will cover 11 countries
throughout Southeast Asia. (SunBiz) Kenanga Today

Censof’s unit ABSS partners with Australian company Mint Payments - See more at: http://www.thesundaily.my/news/1721139#sthash.TrJNL4VE.dpuf PETALING JAYA: Censof Holdings Bhd's unit Asian Business Software Solutions Pte Ltd (ABSS) has partnered with Australian company Mint Payments Ltd (Mint) to distribute, license and integrate Mint's omni-channel payment solutions with ABSS' MYOB branded SME software products.

In a statement yesterday, the financial management solutions specialist said the agreement has an initial term of three years and will cover 11 countries throughout South East Asia.

Currently, Censof said ABSS's primary markets are Singapore and Malaysia, which are the leading accounting solutions provider with more than 200,000 business customers.

Censof noted that the partnership capitalises on the increasing trend of digitisation and computerisation in the Asian market and the developing appetite for e-commerce and mobile payments.

"This partnership will add to our portfolio of products and will enable them to deliver a wide range of business solutions using innovative technology to more than 330,000 businesses and accounting practices in the Asia region," Censof's managing director Ameer Shaik Mydin said.

"Mint is the leading payments provider and we are delighted to work hand-in-hand with them to transform and modernise business management systems for our customers," he added.

Censof's business operations include system design, development geared towards its implementation in installation, maintenance and support.
- See more at: http://www.thesundaily.my/news/1721139#sthash.TrJNL4VE.dpuf

Could you please advise me what happen later, the deal is concluded or not, good news or bad ?

（雪蘭莪‧沙亞南6日訊）雪州水供公司執行主席丹斯里羅查里警告，必須儘快解決和重組雪州水供相關的課題，以免州內的儲水量跌至5%和出現斷水的情況。

“我們現在需要冷岳河2濾水站及的水源供應，因為現在的儲水量非常低。”

“若雙方無法於5月11日在重組事宜上達成共識，那我就必須將此帶上董事會尋求展延；作為商峰控股及雪州水供公司的持有人，我們同意讓雪州政府接管水源資產，但我們現在需要有人在沒有條件及不再展延的情況下經營公司。”

羅查里也表示，展延已經限制商峰控股及雪州水供公司承接計劃，如更換水管等水務系統改善工作。

Puncak Niaga's RM1.5b sale of water assets to Air Selangor gets 4th extension

By Meena Lakshana / theedgemarkets.com | April 9, 2015 : 6:32 PM MYT


KUALA LUMPUR (Apr 9): Puncak Niaga Holdings Bhd ( Financial Dashboard) said the proposed RM1.5 billion disposal of its water assets to Pengurusan Air Selangor Sdn Bhd (Air Selangor) has been extended for the fourth time by another month to May 11, 2015.

In a filing with Bursa Malaysia today, Puncak Niaga (fundamental: 1.5; valuation: 1.2) said both the company and Air Selangor had mutually agreed to a further extension until May 11 for the fulfillment of the conditions precedent stated in the conditional sale and purchase agreement dated Nov 11 last year.

The proposed sale entails the disposal of Puncak Niaga’s 100% stake in Puncak Niaga (M) Sdn Bhd and 70% stake in Syarikat Bekalan Air Selangor (Syabas) to the Selangor state agency.

The RM1.5 billion deal was agreed in principle last year and finally approved by Puncak Niaga’s shareholders in January. The sale is a key component in the prolonged water restructuring dispute between the opposition-led Selangor and Putrajaya.

It was reported that Selangor Menteri Besar Mohamed Azmin Ali and the Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili are to meet this week to discuss on matters involving the master agreement signed between both governments in September last year.

Puncak Niaga shares closed 4 sen or 1.46% lower at RM2.70 today, giving it a market capitalisation of RM1.12 billion.

KUALA LUMPUR (Feb 23): Engineering and construction firm Zelan Bhd ( Financial Dashboard)'s net profit for its fourth quarter ended Dec 31, 2014 (4QFY14) fell 33.44% to RM15.27 million, from RM22.94 million a year ago.

Revenue meanwhile, stood at RM86.86 million, rising 67.75% from RM51.78 million a year ago.

However, it should be noted Zelan (fundamental: 1.3; valuation: 0.6) sold its shares in IJM Corp Bhd ( Financial Dashboard) in the three months ended Dec 31, 2013, as part of its restructuring exercise to mend its deteriorating balance sheet.

As Zelan had managed to resolve its dispute with Meena Holdings LLC to resume works for Meena Plaza in Abu Dhabi, the engineering firm made a turnaround, recording gross profit of RM9.04 million for 4QFY14. This compared with the previous corresponding period’s gross loss of RM36.01 million.

Zelan also attributed the quarter’s revenue increase to an increase in contribution from its local projects, and the construction of Royal Chalet project in Abu Dhabi.

For the nine months ended Dec 31, 2014, Zelan’s net profit jumped 67.49% to RM41.18 million or 4.87 sen per share, from the previous year’s RM24.58 million or 4.36 sen per share. Revenue was up 21.17% year-on-year to RM210.966 million.

Zelan, a unit of MMC Corp Bhd ( Financial Dashboard), said its prospects remained positive, given the stable earnings contributions from ongoing projects. It also expected an improvement in earnings from operations, with the current projects in hand.

“(Zelan) has taken positive steps to improve the group’s performance through continuous assessment of internal and external risks and implementation of strategies to control costs,” it said in the notes accompanying its latest quarterly financials.

Zelan closed flat at 34 sen today, after being traded in a range of 33.5 sen and 34.5 sen, for a market capitalisation of RM287.26 million.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1882381

The report out Good profit
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1801949

Utilisation of proceeds
The actual amount of proceeds to be raised from the
Proposed Private Placement
will depend on, amongst others, the actual issue pr
ice and the actual number of
Placement Shares issued.
Strictly for illustrative purposes only, assuming t
he Placement Shares are issued at an
indicative issue price of RM0.5388 per Placement Sh
are (“
Indicative Issue Price
”),
representing ten percent (10%) discount to the volu
me weighted average market price
(“
VWAMP
”) of the Censof Shares for the five (5) market day
s up to and including the LPD
of RM0.5987, the amount of gross proceeds to be rai
sed from the Proposed Private
Placement is based on the following minimum scenari
o (“
Minimum Scenario
”) and
maximum scenario (“
Maximum Scenario
”):

CENSOF-ISSUANCE OF 111,412,717 FREE NEW WARRANTS IN CENSOF (“WARRANTS-B”) ON THE BASIS OF ONE (1) WARRANT-B FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM0.10 EACH IN CENSOF (“FREE WARRANTS ISSUE”)
CENSOF HOLDINGS BERHAD

LISTING'S CIRCULAR NO. L/Q : 71666 OF 2014

Kindly be advised that CENSOF HOLDINGS BERHAD's 111,412,717 Warrants-B issued pursuant to the Free Warrants Issue will be admitted to the Official List of Bursa Securities and the listing and quotation of these Warrants-B on the Main Market, will be granted with effect from 9.00 a.m., Wednesday, 15 October 2014.

The Stock Short Name, ISIN Code and Stock Number of the Warrants are "CENSOF-WB", "MYL5195WBTA0" and "5195WB" respectively.

The WB will list about 2 weeks time,see who is right. The WB's maturity date has another 2 years longer.