KUALA LUMPUR (March 27): The Securities Commission Malaysia (SC) has imposed 118 administrative sanctions for various misconducts and breaches of securities laws in 2022.
These included violations of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities, knowingly providing false or misleading information to Bursa Malaysia, violations of the take-overs and mergers provisions, and late submissions of documents under the Lodge and Launch Framework.
According to the SC's Annual Report 2022, sanctions imposed on parties found to have violated the regulations included reprimands, licence revocation, licence suspension, imposition of penalties and directives, and requirements to make restitution.
A total of RM12 million in penalties were imposed against some parties for their misconduct, the SC said in the annual report released on Monday (March 27).
Apart from administrative actions under its statutory powers, the SC also issued 76 infringement notices in 2022. The nature of cases ranged from corporate misconduct (22%), to insider trading (31%), securities fraud (14%), market manipulation (5%), unlicensed activities (11%), and money laundering (17%).
Infringement notices are issued where breaches of securities laws or guidelines detected do not warrant the initiation of a formal enforcement action or the imposition of an administrative action.
As of Dec 31, 2022, there were a total of 49 active investigations conducted by the SC involving securities fraud and corporate misconduct.
For more SC 2022 Annual Report stories, click here.
Akhirnya juga cabut... Takut disiasat tiada free lunch dengan geng tangan ghaib... Dia makan cili dia rasa pedas
Save Print Back
0153 OVERSEA OVERSEA ENTERPRISE BERHAD Change in Boardroom Date of Change: 31/03/2023 Type of Change: Resignation Designation: Director Directorate: Exec Name: KHONG YIK KAM Age: 74 Country: Nationality: Malaysia Qualifications: Working Experience and Occupation: Directorship of public companies (if any): Family relationship with any director and/or major shareholder of the listed issuer: Details of any interest in the securities of the listed issuer or its subsidiaries: Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
Hidden agenda lagi? NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR "COMPANY") RIGHTS ISSUE WITH WARRANTS OVERSEA ENTERPRISE BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING Description OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR "COMPANY")
RIGHTS ISSUE WITH WARRANTS (Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the announcements in relation to the Rights Issue with Warrants dated 28 July 2021, 8 October 2021, 16, 31 March 2022, 20, 26 September 2022 and 26 October 2022 (“Announcements”).)
We refer to the Announcements in relation to the Rights Issue with Warrants.
On behalf of the Board, Malacca Securities wishes to announce that an application has been submitted to Bursa Securities on even date to seek its approval for an extension of time of six (6) months from 6 April 2023 until 5 October 2023 for the Company to complete the implementation of the Rights Issue with Warrants (“Application”).
The Application is subject to the approval of Bursa Securities and the outcome shall be announced in due course.
This announcement is dated 20 March 2023.
Announcement Info Company Name OVERSEA ENTERPRISE BERHAD Stock Name OVERSEA Date Announced 20 Mar 2023 Category General Announcement for PLC Reference Number GA1-20032023-00016
DE-LISTING OF ANZO HOLDINGS BERHAD ANZO HOLDINGS BERHAD
Bursa Malaysia Securities Berhad ("Bursa Securities") noted from the announcement dated 14 March 2023, amongst others, that ANZO had failed to appoint a Principal Adviser within the prescribed timeframe as stated in the decision letter dated 13 February 2023 ("Decision Letter"), i.e. on or before 13 March 2023 and does not intend to seek any further extension of time.
In the circumstances and in accordance with the Decision Letter, please be informed that the securities of the Company will be removed from the Official List of Bursa Securities upon expiry of two (2) market days from today, i.e. on 17 March 2023.
Annual Report 2023 OVERSEA ENTERPRISE BERHAD [Registration No. 199401031473 (317155-U)] 11 DATUK CHAI WOON CHET Executive Director Age 44 • Malaysian • Male Date of appointment as Director: 7 October 2020 Length of service as director since appointment (as at 30 June 2023): 2 years 8 months Board Committee(s) served on: Nil Academic/Professional Qualification(s): Diploma in Business Economics and Marketing from KDU University College Present Directorship(s) in other Public/Listed Companies: l Anzo Holdings Berhad l XOX Technology Berhad Family relationship with any Director and/or major shareholder of the Company: Nil Working experience: Datuk Chai was a Marketing Manager of Sanbumi Sawmill Sdn. Bhd. (a wholly-owned subsidiary of Sanbumi Holdings Berhad which is listed on the Main Board of Bursa Malaysia Securities Berhad). He had been involved in the timber business industry with buyers from Japan, Europe, South Africa and Korea for the past ten (10) years. He also has extensive experience in property development, construction and the automotive sector. Datuk Chai was formerly the Group Managing Director of XOX Berhad. XOX is a mobile operator offering consumers full-fledged mobile services with unparalleled charging and payment flexibilities. Being awarded the mobile numbers by MCMC, leveraging on the widest nationwide coverage and riding on the full spectrum of services ranging from GSM, GPRS, 3G to 3.5G, XOX is positioned to serve its niche target market, the Chinese community in particular, with innovative and revolutionary mobile and convergence services. XOX is vibrant with its marketing efforts in positioning itself as a Telco that provides comprehensive Chinese centric contents and value-added services to enrich and enhance the user experience in mobile services. Datuk Chai was formerly the Managing Director of Lintasan Mayang Development Sdn Bhd, which is the developer for Sabah’s biggest integrated township, Alamesra, an innovative 265 acre of mixed development with gross development value of RM1.3 billion. Datuk Chai was also the former managing director of Maxims Circle Development Sdn Bhd, which carried out property development projects at Kuala Lumpur with gross development value of RM23 million in Taman Permata, Melawati and RM66 million in Segambut. Currently, Datuk Chai is Director in Anzo Holdings Berhad, XOX Technology Berhad and also sits on the board of directors of various other private companies. Datuk is a substantial shareholder of the Company. Time committed: Datuk Chai has attended all five (5) Board of Directors’ (“Board”) Meetings of the Company held after his appointment as an Executive Director in the financial year ended 31 March 2023 (“FYE 2023”).
Luk Hing Entertainment Group Holdings Limited, an investment holding company, engages in the food and beverage, and entertainment businesses in Macau, Hong Kong, and the People’s Republic of China.
About the company
REWARDS*** Price-To-Earnings ratio (7x) is below the Hong Kong market (9.1x) Became profitable this year
Kalau tak manipulate share lagi, macam tak mati kan? :)
<%-- for fixing scrollbar--%> Save Print Back
0153 OVERSEA OVERSEA ENTERPRISE BERHAD Quarterly rpt on consolidated results for the financial period ended 30/09/2023 Quarter: 2nd Quarter Financial Year End: 31/03/2024 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/09/2023 30/09/2022 30/09/2023 30/09/2022 RM '000 RM '000 RM '000 RM '000 1 Revenue 23,172 18,635 37,902 30,987 2 Profit/Loss Before Tax 6,526 2,614 5,536 2,707 3 Profit/(loss) attributable to ordinary equity holders of the parent 5,949 2,390 4,982 2,484 4 Net Profit/Loss For The Period 5,949 2,390 4,982 2,484 5 Basic Earnings/Loss Per Shares (sen) 0.39 0.21 0.33 0.22 6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.1000 0.0800 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Some say Oversea Restaurant's lotus with four yolk mooncakes are a must-try. The lotus filling is rich and creamy, and the egg yolks balance out the sweetness. Here are some more insights from reviews: "Great food as usual, had been eating there since i was a child till now". "Overseas Mooncake" is a good choice for gift giving. Mooncakes can vary in taste depending on the filling and type of mooncake. Some describe the taste as sweet and nutty, while others find them to be too dense or heavy. Mooncakes can also have a slightly savory taste due to the addition of salted egg yolks or other ingredients.
EMP STORY Whether it’s the energy of an open dining experience or the decadence of a private room, EMP KL offers you both! All set within an opulent and regal interior.
Be immersed in the colors, scents, and tastes of the absolute best in Chinese cuisine.
GALLERY
CONTACT US 1st Floor, The Westin Kuala Lumpur, 199, Jln Bukit Bintang, 55100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
the price was steady belum jatuh lagi sejak ogos 2023 hahaha F&B-oriented Oversea Enterprise Bhd embarks on strategic growth journey By FocusM 15/08/2023 in Markets, Top
FOR a better part of four decades, the Oversea brand has been an integral part of Malaysia’s favourite Chinese cuisine and confectionery.
Spanning multiple generations of customers, the Oversea brand’s flagship restaurant in Jalan Imbi has been institutionalised with urban diners as the go to place.
Today, parent company Oversea Enterprise Bhd which has been listed on the ACE Market of Bursa Malaysia since April 1, 2010 also boasts a 63, 000 sq ft factory which producing confectionary products, sauces and the internationally famous Oversea Mooncake.
The current business has an international footprint already established – exporting egg rolls, mooncake and cookies to the Northern American (including Canadian) and European markets as well as throughout the Australasian markets of Australia, Indonesia and New Zealand.
Synonymous with international F&B (food & beverage) brands like Hakkasan, Oversea Enterprise intends to broaden its horizons into a horizontal and vertical expansion of its business to accommodate other cuisines and concepts by incorporating lifestyle and entertainment modules into its ecosystem.
The Oversea brand is also renowned for its range of mooncakes “The first steps have already been taken with the opening of EMP KL, our first pork-free offering based in the Westin Kuala Lumpur which provides a fine dining experience with Chinese food that all races and cultures can enjoy,” commented the group’s executive director Benson Tay.
“We don’t wish to be defined as a traditionally pure Chinese cuisine and confectionary provider but instead as an international brand with multiple avenues of entertainment, food and beverage lifestyle options spanning multiple locations.”
The challenge moving forward, according to Tay, is how to adapt its brands and improve their offerings to cater for different tastes that have morphed over time.
“We are also conscious that we have strong roots, especially in the Oversea brand which is known for its restaurants and mooncakes,” he elaborated.
“Although we have many customers from different generations choosing to dine with us, we are conscious that the new era of diners has different tastes, and we aim to stay ahead of the curve by constantly evolving.”
Against such backdrop, Oversea is set to complete a rights issue amounting to RM68 mil to fortify its expansion plans.
The rights issue has been earmarked for acquisition of new brands, expansion and refurbishment of its restaurants and factories and digitalisation efforts aimed at aligning the group with the demands of the digital era.
At 11.36am, Oversea Enterprise was unchanged at 6 sen with 133,330 shares traded, thus valuing the company at RM138 mil. – Aug 15, 2023
Ann. Date Date Type Units Price View 18-Nov-2021 19-Nov-2021 Private Placement 261,916,000 0.074 18-Feb-2021 19-Feb-2021 Private Placement 48,503,000 0.360 22-Sep-2016 23-Sep-2016 Special Issue 1,415,000 0.200
theedgemalaysia.com › article › restaurant-operator-overseaLKL International co-founder Lim Kon Lian now a substantial... Nov 19, 2021 · Oversea Enterprise Bhd said on Friday (Nov 19) Lim Kon Lian emerged as a substantial shareholder of the restaurant operator on Thursday after he subscribed to 261.92 million shares representing a 23.077% stake in the company's expanded number of issued shares via a private placement of new shares.
www.marketscreener.com › insider › KON-LIAN-LIM-A1X5MVKon Lian Lim : Positions, Relations and Network - MarketScreener Dec 31, 1992 · Kon Lian Lim is a Malaysian entrepreneur who founded LKL International Bhd., Lkl Advance Technology Sdn. Bhd., Victor Steel Equipment Sdn. Bhd. and Victor & Co. He is on the board of Lkl Advance Technology Sdn. Bhd. and Lkl Greentech Sdn. Bhd. In his past career he was Managing Director & Executive Director at LKL International Bhd.
www.marketscreener.com › quote › stockLKL International Berhad Announces the Resignation of Lim Kon... Dec 28, 2021 · 24 398 M $. LKL International Berhad announced the resignation of Mr. Lim Kon Lian as Managing Director, due to his retirement plan. Date of change is December 28, 2021.
Eddie dah mati... Balasan tuhan. Kini mau menipu retailers dengan manipulasi syer ataupun buat duit dengan biz ? Siapa yg akan mati selepeas eddie? Haha
Save Print Back
0153 OVERSEA OVERSEA ENTERPRISE BERHAD Change in Boardroom Date of Change: 16/12/2023 Type of Change: Demised Designation: Director Directorate: Exec Name: CHAI WOON CHET Age: 44 Country: Nationality: Malaysia Qualifications: Working Experience and Occupation: Directorship of public companies (if any): Family relationship with any director and/or major shareholder of the listed issuer: Details of any interest in the securities of the listed issuer or its subsidiaries: Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
Date of change 22 Mar 2024 Name TAN SRI DATO’ SERI TAN KING TAI @ TAN KHOON HAI Age 68 Gender Male Nationality Malaysia Designation Non Executive Chairman Directorate Independent and Non Executive Type of change Appointment Qualifications No Qualifications Major/Field of Study Institute/University Additional Information 1 Professional Qualification Malaysian Association of Company Secretaries Malaysian Association of Company Secretaries Fellow Member 2 Professional Qualification Institute of Certified Public Accountants, Ireland Institute of Certified Public Accountants, Ireland Member 3 Doctorate Industry by Public University University Sains Malaysia 4 Degree Business Management majoring in Accounting Bolton University
Working experience and occupation Tan Sri Dato' Seri Tan King Tai @ Tan Khoon Hai (Tan Sri Tan) has over 42 years of working experience in the fields of auditing, accounting and corporate finance. Tan Sri Tan experience and contribution in other public listed company directorship are as follows:
- Executive Chairman of Muar Ban Lee Group Berhad (appointed as the Executive Director of Muar Ban Lee Group Berhad on 30 June 2009. He was redesignated as Executive Chairman on 5 October 2023); - Non-Executive Chairman of Symphony Life Berhad (appointed as the Non-Executive Director of Symphony Life Berhad on 2 September 2021. He was redesignated as Executive Chairman on 15 November 2021 and subsequently redesignated as Non-Executive Chairman on 1 October 2023); - Independent Non-Executive Chairman of Focus Dynamics Group Berhad on 1 March 2024; - Non-Executive Chairman of SWS Capital Berhad (appointed as the Executive Director of SWS Capital Berhad on 30 November 2003 and resigned on 26 October 2010. He was subsequently appointed as the Deputy Executive Chairman on 23 December 2015 and redesignated as Executive Chairman on 16 November 2016 and redesignated as Non-Executive Chairman on 2 February 2021); - Non-Executive Chairman of Eka Noodles Berhad (appointed on 8 May 2017 and retired on 21 August 2020); - Executive Director of Pensonic Holdings Berhad (appointed on 13 September 1995 and resigned on 1 October 2017); - Senior Independent Non-Executive Director of Unimech Group Berhad (appointed on 6 March 2000 and resigned on 5 July 2016); and - Independent Non-Executive Director of Denko Industrial Corporation Berhad (appointed on 27 December 2010 and resigned on 21 March 2017).
All the above companies are listed in Main Market of Bursa Malaysia Securities Berhad. Tan Sri Tan also sits on the board of several other private limited companies. Directorships in public companies and listed issuers (if any) 1. Muar Ban Lee Group Berhad 2. SWS Capital Berhad 3. Symphony Life Berhad 4. Focus Dynamics Group Berhad Family relationship with any director and/or major shareholder of the listed issuer NIL Any conflict of interests that he/she has with the listed issuer NIL Details of any interest in the securities of the listed issuer or its subsidiaries NIL
Announcement Info Company Name OVERSEA ENTERPRISE BERHAD Stock Name OVERSEA Date Announced 22 Mar 2024 Category Change in Boardroom Reference Number C03-22032024-00003
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE Market!
MQ Trader 290 views | 10 d ago
0:17
New IPO: O&G healthcare service provider, Metro Healthcare Berhad aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
26,432 posts
Posted by Good123 > 2023-03-28 08:07 | Report Abuse
KUALA LUMPUR (March 27): The Securities Commission Malaysia (SC) has imposed 118 administrative sanctions for various misconducts and breaches of securities laws in 2022.
These included violations of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities, knowingly providing false or misleading information to Bursa Malaysia, violations of the take-overs and mergers provisions, and late submissions of documents under the Lodge and Launch Framework.
According to the SC's Annual Report 2022, sanctions imposed on parties found to have violated the regulations included reprimands, licence revocation, licence suspension, imposition of penalties and directives, and requirements to make restitution.
A total of RM12 million in penalties were imposed against some parties for their misconduct, the SC said in the annual report released on Monday (March 27).
Apart from administrative actions under its statutory powers, the SC also issued 76 infringement notices in 2022. The nature of cases ranged from corporate misconduct (22%), to insider trading (31%), securities fraud (14%), market manipulation (5%), unlicensed activities (11%), and money laundering (17%).
Infringement notices are issued where breaches of securities laws or guidelines detected do not warrant the initiation of a formal enforcement action or the imposition of an administrative action.
As of Dec 31, 2022, there were a total of 49 active investigations conducted by the SC involving securities fraud and corporate misconduct.
For more SC 2022 Annual Report stories, click here.