PUNCAK NIAGA HOLDINGS BHD

KLSE (MYR): PUNCAK (6807)

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Last Price

0.26

Today's Change

+0.03 (13.04%)

Day's Change

0.25 - 0.26

Trading Volume

230,700


24 people like this.

24,497 comment(s). Last comment by NRahmat 1 day ago

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-04-02 21:36 | Report Abuse

hng33, not really fancy Khalid's personality, but enjoy watching him poking Azmin's aXX, yeah!

rlch

4,142 posts

Posted by rlch > 2015-04-02 22:02 | Report Abuse

Question is do Sultan Selangor has power to sack Azmin and reinstate Khalid as MB should his instruction to Azmin to solve fast water deal not obeyed?

Roger123

1,821 posts

Posted by Roger123 > 2015-04-02 23:21 | Report Abuse

Sultan wan the deal to get through, one of the reason sultan supported kali during the crisis

Roger123

1,821 posts

Posted by Roger123 > 2015-04-02 23:22 | Report Abuse

Hng33: any idea?

sugus88

2 posts

Posted by sugus88 > 2015-04-03 07:37 | Report Abuse

Selangor water restructuring dateline pushed to April30.according to FMT,delay after delay,since Anwar's incarceration,Azmin has been playing the fool with the Fed gov..

annchua

280 posts

Posted by annchua > 2015-04-03 08:48 | Report Abuse

"dateline" is meaningless or not in government dictionary....

hng33

20,474 posts

Posted by hng33 > 2015-04-03 08:51 | Report Abuse

Roger123

Sultan + Khalid (former MB) + UMMO + PAS (all exco attend signing Head of agreement and MOU) + DAP (exco attend only signing MOU, but unable to attend head of agreement ceremony due to incidental sacked by Khalid, which in turn due to dispute among PR over new MB replacement)

vs.

Azmi (compromised new MB over Wan Azizah)

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-04-03 08:54 | Report Abuse

Fed shows hand?!?

http://www.bernama.com.my/bernama/v8/ge/newsgeneral.php?id=1122554

April 30 Deadline For Selangor Water Restructuring Extension

KUALA LUMPUR, April 2 (Bernama) -- The Selangor government has up to April 30 to respond on extending the cut-off date for the Master Agreement on the Selangor water supply industry restructuring, said Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili today.

Failing this, he said, the Federal Government would take the view that the Selangor government was not interested to take up the offer on the restructuring exercise and complete takeover of the concessionaires in Selangor as contained in the Master Agreement.

He said after the deadline, the Federal government would take the necessary action required under the Water Services Industry Act 2008 (WSIA) and other relevant laws to ensure the national interest and welfare of the people were protected.

"To ensure the security of water supply and completion of all planned projects including mitigation measures, we are hopeful that the spirit of cooperation as upheld by the Selangor Government in the past will continue to prevail," he said after visiting the Langat 2 Water Treatment Plant in Hulu Langat near here.

Ongkili said the cut-off date for the Master Agreement had been extended twice as it lapsed on March 9 but the Selangor government did not agree to extend it further to complete the Master Agreement's implementation.

"I have even personally written to Selangor Menteri Besar Azmin Ali on March 12 asking him to rethink his decision not to extend the cut-off date of the Master Agreemen as well as on outstanding matters that need to be resolved. However to date, I have not received a formal reply from the Menteri Besar," he said.

Ongkili said the federal government valued very much the royal address by the Sultan of Selangor, Sultan Sharafuddin Idris Shah at the opening of the state legislative assembly sitting on March 30, in which he expressed concern on the impact of all the delays and politicking to the lives of people of Selangor, Kuala Lumpur and Putrajaya as well as on business.

"We hope the Selangor Government will take heed of His Highness' advice thatt he Master Agreement is implemented fully and ensure security of water supply as planned," he said.

Ongkili said his ministry maintained that the parties involved should respect and adhere to the contents of the Master Agreement.

"There are points in the agreement that require fine-tuning to the satisfaction of both parties," he said, adding that the matters were pertaining to land and other water assets, which had already been agreed during discussions and negotiations in the crafting of the Master Agreement.

"We have not changed the goal posts nor added any new items in the agreement All the Selangor Government needs to do is to comply to the terms," he said.

Specifically, he said, they continued to claim that the land on which the Bukit Nenas and Semenyih plants sit belong to Selangor, which by law was a baseless claim.

Ongkili said the matters needed to be sorted out otherwise the Master Agreement would collapse and the Federal Government would have to revert to other options including legal recourse to exercise its right.

Discussions in the last two years have facilitated the signing of a memorandum of understanding (MoU) on Selangor water rstructuring on Feb 26 last year, a heads of agreement (HoA) on Aug 1 and finally the Master Agreement on Sept 2.

Roger123

1,821 posts

Posted by Roger123 > 2015-04-03 09:09 | Report Abuse

Something is going to happen in may, that is wat i know

Roger123

1,821 posts

Posted by Roger123 > 2015-04-03 09:09 | Report Abuse

as i mentioned before

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-04-03 09:14 | Report Abuse

roger, thought you are referring to yli on 'something is going to happen in may'?

annchua

280 posts

Posted by annchua > 2015-04-03 09:15 | Report Abuse

roger...good or bad one?

Roger123

1,821 posts

Posted by Roger123 > 2015-04-03 09:37 | Report Abuse

no, puncak

Roger123

1,821 posts

Posted by Roger123 > 2015-04-03 09:38 | Report Abuse

Roger123 Just my opinion... May be something big will happen in May?
12/03/2015 00:37

Roger123

1,821 posts

Posted by Roger123 > 2015-04-03 09:40 | Report Abuse

let see, i have mentioned to hng33 before

Roger123

1,821 posts

Posted by Roger123 > 2015-04-03 09:40 | Report Abuse

I just mentioned i like Yli

rlch

4,142 posts

Posted by rlch > 2015-04-03 09:46 | Report Abuse

Kenanga TP RM3.99. kahhoeng your TP not excessive.
http://klse.i3investor.com/blogs/kenangaresearch/73977.jsp

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-04-03 10:11 | Report Abuse

rich, hopes Puncak will reach 3.80, and soon, kind of tired waiting...

hng33

20,474 posts

Posted by hng33 > 2015-04-03 10:15 | Report Abuse

kahhoeng

The head of agreement is irrevocable, if State insist not to sign master agreement, then legal action can be taken against state and more importantly, Wasia will enforce and it empower Fed to take over all water asset operation. State will total lose all control over water asset and under Wasia, Fed can direct deal with all water concession holder, bypass state gov. Azmi if wise, will need to rethink seriously, either wan to politicizing water issue for personal gain or risk to lose opptunity for state to regain state water assets operation, face legal action from Fed and allowing Wasia to first enforce in state.

rich: Kenanga TP RM3.99 is about adding back special dividend to current depree share price which already fully at discount to special dividend.

imoogi99

1,640 posts

Posted by imoogi99 > 2015-04-03 10:36 | Report Abuse

Wost case scenario is Wasia and court case....by the time, this is settle, Selangor will be completely dry without water. Industry will be backly impacted and so is the people. Guess peoplewill starts to dig well as this case goes to court.

hng33

20,474 posts

Posted by hng33 > 2015-04-03 10:44 | Report Abuse

imoogi99

Legal action need take time, but Wasia can be enforce immediately to protect national interest, Fed will take over all water asset operation, by pass state gov, Fed can direct deal with concession, langat 2 can be proceed as plan.

Therefore, if Azmin refuse to sign master agreement by end of these month, the worse is on state itself. With Wasia, Fed is in power on state water assets.

Hence, any rational MB will not risk itself to lose own power on water asset, compromise deal will be a final solution to seal the deal.

jolie2

2,039 posts

Posted by jolie2 > 2015-04-03 10:45 | Report Abuse

aiyah,,,,,,,,, why you all no confident until want to talk about Wasia?

This Wasia things is created by Lim Keng Yaik. Until he died , also not yet Wasia,

You thin can cin-cai wasia-meh.... market will crash and ringgit will drop to 5.00.
All the foreign investor will run-away.

fzank

1,537 posts

Posted by fzank > 2015-04-03 10:49 | Report Abuse

worst than wasia are the jokers who bought above 2.85 , these poor souls' money are stuck and would probably have to sell roadside roti canai or satay to refinance their purchase loans ... worst case scenario may required to be "Jikalau"

jolie2

2,039 posts

Posted by jolie2 > 2015-04-03 10:57 | Report Abuse

my insider name "Sin Kar Lan" told me that this azmin and ongkali pakat only. In the media, pretend your problem lah, his problem lah.
Behind the scene, friend-friend how to cari makan together.

fzank

1,537 posts

Posted by fzank > 2015-04-03 11:01 | Report Abuse

best is still Sime Darby & Kulim .... when they said deal to be done by certain date ... really materialise ..

hng33

20,474 posts

Posted by hng33 > 2015-04-03 12:16 | Report Abuse

Pakej Rangsangan Ekonomi 2009 disemak semula


SHAH ALAM, 3 APR: Keberkesanan Pakej Rangsangan Ekonomi 2009 sedang disemak semula memandangkan tiada garis panduan terperinci bagi menjayakan pakej itu.

Menurut Dato’ Menteri Besar Mohamed Azmin Ali, tumpuan diberkan kepada penstrukturan semula industri air yang merupakan salah satu bidang utama pakej itu.

“Pada ketika ini Kerajaan Negeri sedang menyemak semula keberkesanan projek-projek yang digariskan memandangkan mengikut rekod yang ada, tidak ada garis panduan perancangan yang teliti bagi menjayakan projek berkenaan.

“Saya percaya dengan semangat kedua-dua pihak, Kerajaan Persekutuan dan Kerajaan Negeri untuk berpegang kepada prinsip serta terma perjanjian utama, usaha ini dapat diselesaikan dalam masa yang terdekat,” kata beliau ketika menjawab pertanyaan Adun Hulu Kelang, Saari Sungib.

Selain penstrukturan industri air, lima bidang lain dibawah pakej itu adalah pemuliharaan dan pembangunan Sungai Klang, pembangunan semula projek perumahan terbengkalai dan pembaharuan aktiviti di bandar melalui pembangunan semula kawasan terbiar.

Ini juga termasuk meningkatan hasil tanaman padi serta perluasan sistem pengangkutan.

Posted by Jim Sted Power > 2015-04-03 12:32 | Report Abuse

Trust Nangka better, pls don't listen to all the analyst. They have self-agenda behind

SinGor

4,938 posts

Posted by SinGor > 2015-04-03 13:02 | Report Abuse

Still no solution-meh. Wasia 2006 sounds like twisting a snake (cantonese). Slippery and
its head can turnaround to bite you. When Lim Kheng Yaik speaks reporter usually stand
10 feet away. Saliva flying in all directions but he got so many funny jokes that drive you
nuts. Really missed him

hng33

20,474 posts

Posted by hng33 > 2015-04-03 17:17 | Report Abuse

30 April tarikh akhir lanjutan Perjanjian Penstrukturan Semula Bekalan Air Selangor
http://bm.selangorku.com/70811/30-april-tarikh-akhir-lanjutan-perjanjian-penstrukturan-semula-bekalan-air-selangor/

Selangor has strong legal stand to cancel Kidex, says Azmin
http://www.theedgemarkets.com/my/article/selangor-has-strong-legal-stand-cancel-kidex-says-azmin

Azmin slams Khalid for ‘playing it safe’
http://www.themalaysianinsider.com/malaysia/article/azmin-slams-khalid-for-playing-it-safe

Azmi claim have strong legal stand to cancel kidex !!??.... but silent on water restructuring raise by Khalid, whether or not Azmi have strong/weak legal stand to lapse master agreement !!??

...Selangor's Sultan Sharafuddin Idris Shah, in delivering the royal address at the opening of the third term of the 13th Selangor legislative assembly sitting on Monday said the water-restructuring agreement in the state must be finalised immediately, in accordance with the main agreement signed by the state and federal governments on September 12, 2014. – April 3, 2015.

jolie2

2,039 posts

Posted by jolie2 > 2015-04-04 16:21 | Report Abuse

this week the edge criticized khalid for too busybody even though he no more menteri besar.
He better shut-up and let azmin do his job.

All this delay of water restructuring for the last 6 years is his fault.

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-04-04 17:28 | Report Abuse

Given Azmin's record, good luck believing in him on this?!?

http://www.themalaysianinsider.com/malaysia/article/selangor-putrajaya-to-discuss-water-deal-next-week-bernama

Selangor Menteri Besar Mohamed Azmin Ali will meet Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili next week to discuss Selangor's water supply industry restructuring.

Azmin said state government officers headed by the state secretary had held discussions on the matter two weeks ago.

"The state government really wants this and we welcome the federal government's intention to continue negotiations, provided that it must comply with the terms and conditions of the original agreement," he said in Klang today.

After discussions between Selangor and Putrajaya on March 23, Ongkili said the agreement terms to restructure the state water industry remained the same.

On the status of two land assets in Bukit Nanas and Semenyih involved in the master agreement, Ongkili said it would be determined after further discussions between the two parties.

The Selangor government on Tuesday said that the federal government was trying to take over the entire 26,000km of water pipe assets including land even though it contradicted the master agreement on the water restructuring exercise.

Azmin said that as a result of the action by the federal government, Selangor had called off the restructuring deal signed on September 12, 2014 before they agreed to renegotiate on March 23.

hng33

20,474 posts

Posted by hng33 > 2015-04-05 13:02 | Report Abuse

Air: Selangor serah jawapan rasmi Isnin ini

KLANG, 4 APR: Jawapan rasmi kepada Putrajaya berhubung tempoh lanjutan tarikh akhir perjanjian induk penstrukturan semula industri air Selangor akan diserahkan Isnin ini.

Lanjutan itu, satu pertemuan bersama Menteri Tenaga, Teknologi Hijau dan Air, Datuk Seri Dr Maximus Ongkili bagi mencari penyelesaian kepada isu berbangkit dijangka diadakan minggu hadapan.

“Saya percaya apabila kedua-dua pihak bersetuju menerima pakai terma perjanjian utama yang ditandatangani pada 12 September 2014, perkara ini boleh diselesaikan segera demi kepentingan rakyat Selangor,” kata Dato’ Menteri Besar Mohamed Azmin Ali dalam sidang media seusai menyempurnakan Majlis Perasmian Pembukaan Pemborong GM Klang, hari ini.

Sebelum itu, beliau dijemput merasmikan Konvensyen Falak Selangor 2015 di Masjid Tengku Ampuan Jemaah, Bukit Jelutong, Shah Alam.

Di majlis tersebut, Mohamed Azmin berkata perbincangan terpaksa ditangguhgkan berikutan fokus kini tertumpu kepada sidang Dewan Negeri Selangor (DNS) yang sedang berlangsung.

“Ya, walaupun saya belum jawab secara rasmi (surat menteri) tetapi perbincangan telah pun bermula di peringkat pegawai lebih kurang dua minggu lepas di mana Setiausaha Kerajaan Negeri (SUK) sendiri mengetuai delegasi Kerajaan Negeri bertemu dengan ketua setiausaha.

Terdahulu, Kerajaan Selangor diberi masa hingga 30 April ini untuk memberi jawapan tentang pelanjutan tarikh akhir bagi Perjanjian Induk mengenai penstrukturan semula industri bekalan air Selangor.

Sekiranya gagal berbuat demikian, Kerajaan Persekutuan akan menganggap bahawa Kerajaan Selangor tidak berminat menerima tawaran mengenai langkah penyusunan semula itu dan pengambilalihan penuh pemegang konsesi di Selangor seperti yang terkandung dalam Perjanjian Induk.

jolie2

2,039 posts

Posted by jolie2 > 2015-04-05 19:04 | Report Abuse

now buy share also kena gst.
really confused.

watch this tube .
https://www.youtube.com/watch?v=4cWGfYOxB8U

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-04-05 20:15 | Report Abuse

really? thought got stamp duty already?!?

Bs1688

436 posts

Posted by Bs1688 > 2015-04-05 21:41 | Report Abuse

Roti is a basic need also kena gst ??!

jolie2

2,039 posts

Posted by jolie2 > 2015-04-05 21:53 | Report Abuse

maximo, gardenia no gst
but you buy bun ... kena gst.
Really confused.

rlch

4,142 posts

Posted by rlch > 2015-04-05 22:01 | Report Abuse

Think positive. GST money mean our chances of getting special dividend sooner become higher.

rlch

4,142 posts

Posted by rlch > 2015-04-06 10:39 | Report Abuse

Good news coming soon?

Roger123

1,821 posts

Posted by Roger123 > 2015-04-06 10:53 | Report Abuse

hmm

Roger123

1,821 posts

Posted by Roger123 > 2015-04-06 10:53 | Report Abuse

in may

hng33

20,474 posts

Posted by hng33 > 2015-04-06 14:58 | Report Abuse

Selangor tak perlu MB retorik, sandiwara

Saya mengucapkan terima kasih kepada Dato' Menteri Besar Selangor kerana memberi respon terhadap sesetengah isu yang saya bangkitkan meskipun jawapan beliau lebih kepada cubaan untuk memperlekehkan legasi saya selaku mantan menteri besar.

Apatah lagi isu yang sangat penting yakni penstrukturan semula industri air tidak disentuh sama sekali.

Sesungguhnya, rakyat Selangor berhak mendapat penjelasan dan kepastian terutama tentang komitmen beliau dalam memuktamadkan segera penyusunan semula industri air pada kos keseluruhan tidak melebihi RM9.65 bilion; langkah-langkah mengambilalih Splash, satu-satunya syarikat konsesi yang masih berdegil dan penamatan serta-merta perjanjian penswastaan berat sebelah dengan semua syarikat konsesi.

Kita semua, lebih-lebih lagi pemimpin, sepatutnya tahu ada perbezaan yang besar antara keberanian melulu dan kebijaksanaan terpimpin dalam membuat keputusan.

Apa gunanya berani persis panglima perang sekiranya strategi dan teknik yang digunapakai bakal menyebabkan kita menang satu pertempuran tapi kalah di dalam peperangan.

Ambillah iktibar dan pengajaran daripada kisah nasib malang Pak Kaduk yang menang bersorak, kampung tergadai akibat kedunguan dan kejahilan beliau.

Kelayakan, kredibiliti dan integriti seorang pemimpin bukan diukur atas neraca keberanian tetapi lebih bersandarkan keupayaan dan kebijaksanaan hakiki.


KIDEX jadi sandaran

Memandangkan menteri besar menjadikan isu KIDEX sebagai sandaran, sekiranya Dato' Menteri Besar terlupa atau terlepas pandang, saya ingatkan bahawa kerajaan negeri terikat dengan Jadual Kesembilan Perlembagaan Persekutuan yang menetapkan bidang kuasa dan prerogatif bagi kerajaan negeri dan kerajaan persekutuan sama ada di bawah senarai persekutuan, negeri atau bersama......................

money888

430 posts

Posted by money888 > 2015-04-06 18:05 | Report Abuse

What is the outcome of the discussion today.??

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-04-07 08:38 | Report Abuse

don't think they met yesterday

hng33

20,474 posts

Posted by hng33 > 2015-04-07 09:26 | Report Abuse

money888

Yesterday is just Azmi reply officially to Ongkilii to fixe date for discussion by these week. The actual date still unknown to public, but should within these week.

rlch

4,142 posts

Posted by rlch > 2015-04-07 14:35 | Report Abuse

Big buy q today. Good news?

annchua

280 posts

Posted by annchua > 2015-04-07 14:51 | Report Abuse

big sell queue also...

kahhoeng

3,950 posts

Posted by kahhoeng > 2015-04-07 15:03 | Report Abuse

Guess market got no clue too?!? Azmin too unpredictable

hng33

20,474 posts

Posted by hng33 > 2015-04-07 15:30 | Report Abuse

I guess the meeting between Azmi and Ongkili should be by 9 April, mean within these 3 days. After discussion, it may need some time to conclude the deal. Therefore it could be likely further extension after 9 April. Azmi took excuse current state legislative assembly as reason for the delay.

hng33

20,474 posts

Posted by hng33 > 2015-04-07 15:47 | Report Abuse

If the discussion between Azmi and Ongkilii all in accord to initial term and condition in master agreement, then it should bear fruitful result, settle the dispute and lead to final agreement.

SinGor

4,938 posts

Posted by SinGor > 2015-04-07 16:37 | Report Abuse

4th Ext in place. Big dragon head looming "Wasia". I think this what Roger said "something big"
in May

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