Rhb reported net buyer are foreigner in bursa. Why sell cheap to foreigner, why.. what drive the price lower.. Share price in klse will maintain and even go higher as those people are exiting from US n the rest of the globe
@SeriousInvestor1945 I do follow Bloomberg TV , n cnn . astro channel 518 and 519..various commentaries... I do know a few fund manager .. having portfolio overseas . Govt do allow epf , and institutions to allocate their fund in overseas investments.
BUT Zelan Holdings (M) Sdn Bhd, a wholly-owned subsidiary of construction firm Zelan Bhd, is entitled to IDR72.49 billion (RM21.84 million) in tax refund claims.
Zelan said the Supreme Court of Indonesia had ruled in favour of its Indonesian branch over a legal dispute about income tax paid for the financial year 2007.
The court had held that the income tax payable by BUT Zelan Holdings to Indonesian authorities for the financial year 2007 shall be IDR1.73 billion (about RM522,000).
As BUT Zelan Holdings had paid IDR74.22 billion (about RM22.36 million) in income tax and penalties, it stands to claim a refund of IDR72.49 billion (about RM21.84 million).
typical lah orang dari situ memang banyak auta and kelentong, remember all the withdrawal issue in in pulau indah 4b, in malacca pulau melaka habuk pun tarak, . in iskandar, and so call financial hub in TX in kl all kelentong .
the new crab from the same old arab...how come zelan never learn for previous crab...
OTHERS MEENA PLAZA MIXED USE DEVELOPMENT PROJECT, ABU DHABI, UNITED ARAB EMIRATES
ZELAN BERHAD
Type Announcement Subject OTHERS Description MEENA PLAZA MIXED USE DEVELOPMENT PROJECT, ABU DHABI, UNITED ARAB EMIRATES Building Contract for Procurement, Construction and Completion of Package 2 Main Construction Package of Meena Plaza Mixed Use Development Project, Abu Dhabi, United Arab Emirates between Meena Holdings LLC and Zelan Holdings (M) Sdn Bhd, Abu Dhabi Branch, as contained in the Contract Agreement dated 1 April 2008, Supplementary Agreement dated 9 June 2011 with Addendum dated 17 January 2012, and Second Supplementary Agreement dated 15 April 2014 (collectively referred to as the “Contract”)
Zelan Berhad would like to announce that the Abu Dhabi Branch of its wholly owned subsidiary, Zelan Holdings (M) Sdn Bhd (“ZHSB”), has on 17 September 2015 issued a notice to Meena Holdings LLC (“Employer”) to terminate its employment under the Contract in accordance with the provisions of the Contract based on the following defaults of the Employer:
(1) the Employer’s failure to pay ZHSB a total sum of AED27.6 million being the certified amounts of works done and materials at site due and owing by the Employer to ZHSB under certificates of payment in accordance with the provisions of the Contract; and/or
(2) the Employer’s continuous interference with the valuation and/or certification of ZHSB’s progress claims.
As provided under the Contract, the termination will take effect 14 days after the issuance of the abovementioned notice.
ZHSB will take the appropriate steps to pursue its claims against the Employer and recover any loss and damage arising out of the termination in accordance with the provisions of the Contract.
old crab paid... Further to the Announcements dated 15 April 2014, 17 June 2014, 17 July 2014 and 13 August 2014, Zelan Berhad would like to announce that Meena Holdings LLC, the owner of Meena Plaza Mixed Use Development Project ("Project") in Abu Dhabi, United Arab Emirates, had on 1 September 2014 ("Payment Date") paid a sum of AED121,638,624.07 to Zelan Holdings (M) Sdn Bhd ("ZHSB") in accordance with the terms and conditions of the SSA.
As provided in the SSA, ZHSB will recommence works for the Project on 1 October 2014 ("Recommencement Date") and is required to complete the Project within 15 months.
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....
Alex Chan
3,915 posts
Posted by Alex Chan > 2015-08-24 20:20 | Report Abuse
Results not bad...
Very much undervalued now