It seems that with the incorporation of fair value gain of 315m (B4 deferred tax effect), back dated for year ended 31.12.2015, the question of whether PN 16 is triggered upon disposal of puncak niaga (M) S/B in year 2015 is no longer an issue.
Date of change 01 Dec 2017 Name DATO' SRI ADENAN BIN AB. RAHMAN
Qualifications YBhg Dato' Sri Adenan Bin Ab. Rahman graduated from Universiti Malaya with a Bachelor of Arts degree in Southeast Asian Studies in 1979. Subsequently, he obtained his Master of Arts majoring in Defence Studies from the Universiti Kebangsaan Malaysia in 2002.
Working experience and occupation YBhg Dato' Sri Adenan Bin Ab. Rahman started his career as Assistant Manager, Lembaga Kemajuan Negeri Pahang on 1 June 1979 and has served the Government for more than 38 years in various positions and Departments/Ministries including the Public Service Department of Malaysia, Prime Minister's Department, various Embassies, Ministry of Home Affairs and Ministry of Human Resources holding several prominent positions such as First Secretary, Malaysian Embassy for Sarajevo, Bosnia and Herzegovina (1996-2000), Director, Malaysian Friendship and Trade Centre Taipei, Taiwan (2004-2006), Minister Advisor, Embassy of Malaysia in Jakarta, Indonesia (2006-2007), Director-General, Research Division, Prime Minister's Department (2011 2014), Deputy Secretary-General (Security and Policy), Ministry of Home Affairs (2014-2015) and Secretary-General, Ministry of Human Resources (16 December 2015 - 4 October 2017) prior to his retirement from Government service on 5 October 2017.
Puncak Niaga Holdings Berhad Group for the month of November 2017 was 2,901.65 metric tonne. <--- Paid 604 million to get 2901/65 metric tone???? Don make me laugh
Puncak paid 604 million to get 2901.65 metric tonne, Jayatiasa - 92559 metric tonne. To Kahhoeng advice, sell all puncak and buy in Jtiasa. Don waste ur time in PUNCAK
If PUNCAK has one billion cash in hand , how much and how fast the cash can be disappeared ? When the volume is thin , it means the price is almost bottom ! The up and down of few sens is only to catch contra players by the cheap ! Cheap goreng Kali .
Sahreview123, if you look at Puncak shares, u realised, this coming price movement is one of the bottom/ the worst stock performance in the world. If the Owner are still not up to something, since year 2014, I bet, Puncak will no longer exist in KLCI anymore.
If you look at those listed companies which have been delisted or going to be delisted , there are some similarities . The companies are in deep financial difficulties or may be worth nothing , and the daily volume is always very high or always on the top active list for few months or even years , but the share price is going down slowly . Whereas for Puncak , the daily volume is thin . If you look at HUAAN , the last few years volume was thin , it means the major shareholders are not selling . They know their companies very well and they have some informations which we don't know . We can only just the company with volume and some public data or knees .
If the major shareholders think Puncak worth less than the market price , they should have sell most of their shares . Let all retail buyers buy more than 50 percent and dissolve or liquidate the company and get a better refund of capital .
Malaysia govt-linked companies rally on election speculation: Areca Bloomberg / Bloomberg
January 03, 2018 13:25 pm +08
KUALA LUMPUR (Jan 3): Investors are buying into nation’s government-linked companies ahead of a national election that must be held by June, Danny Wong Teck Meng, CEO at Areca Capital, says by phone.
* More corporate exercises by GLCs are also expected in view of the ramp up of rationalization of companies under the govt., prompting investors to speculate: Areca
** The lagging index performance last year has also attracted foreign investors in view of the appreciating ringgit
** Ringgit trading near 16-month high against dollar
* Benchmark KLCI +0.6%
* Biggest boosts to gauge: Sime Darby +7.6%, Maybank +1%, Petronas Gas +2.2%
* Other notable moves: Malaysian Resources +6.9%, DRB-Hicom +9%, MY EG +6.7%, Malakoff +6.2%, Felda Global +6%
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....
r°Moi
5,802 posts
Posted by r°Moi > 2017-11-29 18:47 | Report Abuse
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Puncak is buying way below market price.... the plantation company.... according to MSWG
But...... Gain on bargain purchase is 405,000 only
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