Posted by Limawarty > 2013-06-12 11:08 | Report Abuse

Are the Chinese in town for the signing? If they are, then something must be brewing..

Posted by elvin88 > 2013-06-12 11:10 | Report Abuse

To be held on today 2pm, Intermark Hotel KL

Posted by elvin88 > 2013-06-12 11:11 | Report Abuse

Since the announcement haven't made, i believed that PATIMAS may let TENCENT announce during MOU

Posted by Limawarty > 2013-06-12 11:16 | Report Abuse

Great, since billionaire Pony Ma is here, there should be good news soon

Posted by elvin88 > 2013-06-12 11:18 | Report Abuse

CPE and Gen2 form strategic partnership, Matterhorn plans SE Asia long/short hedge fund, India-focused hedge funds return 9.97 per cent in September…
@hedgeweek.com/2012/11/22/176733/cpe-and-gen2-form-strategic-partnership-matterhorn-tips-se-asia-growth-market-indi


The AIM-quoted investment group China Private Equity Investments Holdings Limited (CPE) has agreed to develop a strategic partnership with Hong Kong-based Gen2 Capital Partners Limited, an independent asset management firm with assets under management of approximately USD500million.

The move is intended to boost CPE’s growth potential by marrying its own private equity experience with Gen2’s proven investment and risk management processes in the Greater China region.

As part of the agreement, CPE intends to appoint David Kiang, a Gen2 senior advisor, to the CPE Board as a Non-Executive Director.

CPE has already reviewed the current portfolio of assets held by Gen2, and identified a number of assets that would be attractive additions to its own portfolio of investments.
Subject to further review and negotiation, it is likely that CPE will acquire certain assets from the Gen2 portfolio for a consideration that could comprise cash and/or ordinary shares in CPE. Gen2 may become a significant shareholder in CPE in due course.

CPE Chief Executive Officer, John Croft, said: “This Partnership represents an important step to what we hope will become a long-term strategic relationship to realise benefits that might be achieved from exposure to wider market opportunities and from the experience and institutional reach of Gen2.”

Gen2 Managing Partner Barry Lau added: “We are delighted by the opportunity to work with CPE to develop a strong investment platform catering to the needs of European investors, and are looking forward to reaping the benefits brought to Gen2 by our resulting exposure to the London markets.

“Working together, we expect to benefit from the high standards of corporate governance and transparency which CPE’s London listing requires, and believe that jointly our combined team of professionals, robust investment and risk management processes should generate enhanced returns for investors on both sides.”

London-based Matterhorn Investment Management LLP, an emerging market fund specialist, believes Southeast Asia is one of the next growth markets for stock pickers and is planning to launch a new long/short hedge fund in early 2013 reported the Wall Street Journal this week. The fund will invest primarily in Indonesia and the Philippines and focus on growth opportunities in the consumer, infrastructure and banking sectors according to Paul Bate, Matterhorn’s founder and CIO.

Upon launch of the USD30million fund next year, Matterhorn will look to invest in companies such as PT Mitra Adiperkasa, which manages more than 1,000 stores across Indonesia including the likes of Lacoste and Starbucks. Given the consumer boom in the region, Southeast Asian banks are also expected to prove attractive growth stocks, such as BDO Unibank Inc. in the Philippines.

Bate was quoted as saying: “The whole region has a very strong banking system. They have essentially moved to the other extreme of caution and have low debt. Deposit growth is increasing with the capacity to get credit out to people that have never had credit.” The fund will protect itself against volatility by investing in small cap companies and short the biggest or weakest company in each market sector to also make money on the downside.

India-focused hedge funds returned +9.97 per cent September this year, marking their best performance since May 2009 reported the Hindu Business Line this week. Year-to-date that puts them +9.4 per cent, marking a sharp turnaround on 2011, when funds saw almost a quarter of their AUM wiped out. Over the last three months the Eurekahedge India Hedge Fund Index has returned +10.9 per cent. Multi-strategy hedge funds have proved the most effective this year, returning +14.5 per cent, with long/short returning 9.9 per cent and fixed income funds a more modest +1.6 per cent.

Ronnie Wu, head of Hong Kong-based Penjing Asset Management which was bought by FoHF firm Gottex this year, believes South Korea is one of Asia’s most important hedge fund markets. Speaking with Investment Europe this week, Wu said that a set of regulatory amendments introduced by South Korea’s Financial Services Commission helped provide more leeway for onshore hedge funds and allowed security firms to act as prime brokers to hedge funds. This, he said, would give South Korea greater bandwidth to local hedge funds and attract more talent into its hedge fund industry, adding: “From a country allocation stand point, outside of Japan, Hong Kong and Australia, Korea is a very important market given its depth and breadth.”

Wu also pointed out that under the new rules, onshore hedge funds would be relieved of “certain investment restrictions” they currently face, and this wou

Posted by elvin88 > 2013-06-12 11:19 | Report Abuse

Tencent, Patimas in equity partnership for Malaysia data center
Summary: The Chinese Internet giant will tie up with Malaysia's Patimas Computers for a data center in the country. Tencent is reportedly also buying a 15 percent stake in its partner.
@zdnet.com/my/tencent-patimas-in-equity-partnership-for-malaysia-data-center-7000015491/

By Ryan Huang | June 10, 2013 -- 08:35 GMT (16:35 SGT)

Chinese Internet giant Tencent will team up with local ICT solutions firm Patimas Computers for an equity partnership in a data center in Malaysia.


The two will sign the deal on Wednesday, according to a statement by the Tencent, in a report on Monday by Bernama news agency (@bernama.com/bernama/v7/bu/newsbusiness.php?id=955058).

Tencent is also eyeing a 15 percent stake in the loss-making Patimas Computers, which provides ICT business infrastructure and cloud services, noted The Next Web (TNW) in a separate report on Monday.

Citing Astro AWANI news channel, TNW pointed out the deal could help pave the way for Tencent to promote its WeChat chat app and other Internet services. Tencent had also bought a 5 percent stake earlier this year through its investment vehicle, noted the report.

Patimas has been struggling financially and was subject to an investigative audit that showed irregularities, accoring to TNW. For the financial year ended March 2012, Patimas booked an audited net loss of RM86.5 million (US$27.8 million)--about four times its unaudited net loss.

Posted by kytan > 2013-06-12 11:20 | Report Abuse

haha, if anyone believe the news is so true, go and get "dai yi long" loan for 1000K to buy patimas, cause later on you will be the millionaire.

Posted by weechin53 > 2013-06-12 11:20 | Report Abuse

hi everybody, i am just curious tom know,how come you all can know so well about the venue for PATIMAS & TENCENT meeting in town today? TQ

Posted by iwan1991 > 2013-06-12 11:21 | Report Abuse

haha the chaos yesterday not happen today.. lucky..

Posted by elvin88 > 2013-06-12 11:25 | Report Abuse

Sinchew Daily had received invitation card from Tencent.

騰訊 霸迪瑪合作設數據中心
大馬行業走勢 2013-06-11 11:34

（吉隆坡10日訊）由中國科技富豪馬化騰所控制的騰訊集團（Tencent）將進軍大馬，和霸迪瑪電腦（PATIMAS，7042，主板科技組）聯手設立數據中心。

根據騰訊集團的媒體邀請函指出，騰訊將在本週二（6月12日）和霸迪瑪簽署一項有關數據中心業務的備忘錄。

雙方將建立股權合伙關係，以在大馬設立數據中心。

上週市場已傳言，騰訊有意收購15%股權，而今年初透過中國私募基金福泰中國投資控股入股霸迪瑪5.5%股權的香港夥伴，實為騰訊集團的代表。

福泰中國投資控股是作為騰訊集團的先峰，以在我國數據中心計劃中分一杯羹。

成交量冠全場

霸迪瑪今日成交量居全場之冠，全日共有3億8千320萬股易手，股價微揚升0.5仙至6.5仙。

今年5月23日，巫統前財政拿督斯里阿都阿普脫售該公司5千500萬股股票，不再是主要股東。該公司過後並宣佈之前簽署的4G電訊備忘錄告吹。

霸迪瑪是一家PN17公司，截至今年3月杪的財政年，蒙受3千426萬令吉淨虧損，營業額為2千699萬令吉。（星洲日報）

Posted by Limawarty > 2013-06-12 11:27 | Report Abuse

Tencent has expressed an interest to buy 15% stake in Patimas, news from the Chinese side, surely an Internet giant will not simply announce if they were not seriously looking into this; their credibility is at stake.
Patimas must have something they want; the Chinese will buy an ailing company, their team will restructure it and make it profitable again.

Posted by elvin88 > 2013-06-12 11:30 | Report Abuse

Yup... Since Security Commission have many restrictions.

I believed when the announcement made, today price will be totally different.

Posted by iwan1991 > 2013-06-12 11:32 | Report Abuse

haha.. wait for thie afternoon...

Posted by Limawarty > 2013-06-12 11:35 | Report Abuse

Hey, you never know, if the Chinese keep their word, in a couple of months, patimas will be the darling of the stock market. :-)))

Posted by elvin88 > 2013-06-12 11:37 | Report Abuse

You will dream come true

Posted by gerikmali > 2013-06-12 11:39 | Report Abuse

I heard so the new...but why stock still not up...

Posted by weechin53 > 2013-06-12 11:41 | Report Abuse

but, if this this is true how come y'day their throw like hell?

Posted by elvin88 > 2013-06-12 11:42 | Report Abuse

If you not confident please don't take risk.

I've mentioned annnouncement to be made on this 2pm afternoon

Posted by weechin53 > 2013-06-12 11:45 | Report Abuse

elvin88, sori i am just a bit worry. since everybody is so confidnt, so i am glad to be with you people. tq wish it is a great day for us!

Posted by Limawarty > 2013-06-12 11:46 | Report Abuse

My reasoning : Yesterday patimas throw like hell coz patimas released a press statement that they have no idea tencent wants to buy 15%.
Directors will not tell the public unless everything is sealed and sign; as not to create a buying/selling frenzy in their shares..

Posted by kytan > 2013-06-12 11:47 | Report Abuse

just want to highlight from sin shew jit po
1.上週市場已"傳言"，騰訊有意收購15%股權. sin chew will not take responsible for his comment.
2.今年5月23日，巫統前財政拿督斯里阿都阿普脫售該公司5千500萬股股票，不再是主要股東。該公司過後並宣佈之前簽署的4G電訊備忘錄告吹。His actually is the who who bring CPE to buy too share, shy his quit now?

invest wisely. I do hope the price is rocket high to save all the people who trap for long time.

Posted by elvin88 > 2013-06-12 11:48 | Report Abuse

Anywhere you have right to believe or not.

All the best.

weechin53 don't worry, be happy.

Posted by Looiks > 2013-06-12 11:49 | Report Abuse

They just press the price down by queing seller price so they can collect more share at cheap price

Posted by iwan1991 > 2013-06-12 11:50 | Report Abuse

maybe. noo shark eat becouse they wait aftr 2pm.. and then open this evening will be gap.. maybe..

Posted by weechin53 > 2013-06-12 11:51 | Report Abuse

kytan, 我不明白，你的2。。。。是什么意思？shy his quit now?什么意思？

Posted by gerikmali > 2013-06-12 11:52 | Report Abuse

So how to play this kind off game? Please share

Posted by Limawarty > 2013-06-12 11:54 | Report Abuse

Billionaire Pony Ma will not suka suka fly in and minum kopi with patimas directors..something is happening

Posted by elvin88 > 2013-06-12 11:57 | Report Abuse

Cheer up!!!

Posted by elvin88 > 2013-06-12 11:58 | Report Abuse

28 minutes more

Posted by bonds56 > 2013-06-12 11:59 | Report Abuse

i am confident that good news will announce this afternoon...hold it since the price is not very high!

Posted by kytan > 2013-06-12 12:05 | Report Abuse

if before 2:30pm, some one push the price to 0.065 or above, don't buy at 2:30pm. wait and see 5 to 10 minutes, if the price break 0.08 above, you can think to go in and take your risk. Don't need to worry you can not get it cheap, cause a lots of people will throw the share on hand out to cut loss. invest wisely. Hope the price can rocket high.

Posted by Flash > 2013-06-12 12:05 | Report Abuse

i personally dont recommend u guys buy..but i'm buying as i have money to lose:)

Posted by iwan1991 > 2013-06-12 12:07 | Report Abuse

yeah yeah.. dare to lose money..dare to gain money.. its up to u.. ^^

Posted by fauzan > 2013-06-12 12:12 | Report Abuse

Just call the hotel Double Tree at Intermark ... no MOU signing ceremony as informed by the hotel la ... You all better check before decide to buy or sell ya...i'm maybe wrong ...

Posted by bonds56 > 2013-06-12 12:14 | Report Abuse

no risk no gain, i agree with kytan too.

Posted by weechin53 > 2013-06-12 12:17 | Report Abuse

then, who is right? who is wrong?

Posted by fauzan > 2013-06-12 12:24 | Report Abuse

i don't know...

Posted by junben > 2013-06-12 12:27 | Report Abuse

if this is a false news....those who trapped should make a police report, press's reporter should be taken to police station for q&a to dig out the manipulator...should check those spreading the false news on internet as well..otherwise this kind of cheap tricks will blossom in bolehland and innocent salaried workers burn their hard earn money...

Posted by Tapai > 2013-06-12 12:39 | Report Abuse

the news is totaly fake.. however.. patimas still good counter to buy...

Posted by kytan > 2013-06-12 12:46 | Report Abuse

weechin53. "His actually is the one who bring CPE to buy patimas share, why his quit now?" typing error

Posted by weechin53 > 2013-06-12 12:48 | Report Abuse

so, kytan do you think the signing today is fake or truth?

Posted by kytan > 2013-06-12 12:54 | Report Abuse

i don't know cause i'm not the insider. but i do know the shark is playing trick here. why risk your money on something we also not sure. if the price can rocket high, you can buy at 0.08 and still earn profit.

Posted by Tim Yong > 2013-06-12 13:44 | Report Abuse

Aiya. A totally gambling share at this moment.
No rights... no wrongs.
Just like go Genting buy Big/Small, Red/Black, Even/Odd

If you strike... u can double ur money. If you no strike... u can cut losses at 5sen or 4 sen.

But... if Tencent Holdings announcement is true, then, u know it will be big.
But no one knows.

Posted by redbull88 > 2013-06-12 13:47 | Report Abuse

yesterday...someone mentioned wanted to go and see in the hotel where the MOU will be signed today during lunch time....can confirm or not got MOU ceremony there ?

Posted by Meng > 2013-06-12 13:54 | Report Abuse

That someone already runnnn!!

Posted by eddielai007 > 2013-06-12 13:55 | Report Abuse

oh!i tot monday-wednesday is china public holiday? 马化腾does not eat 粽子chinese dumpling?

Posted by m_faiza1 > 2013-06-12 13:57 | Report Abuse

http://www.datacenterdynamics.com/focus/archive/2013/06/apac-data-center-roundup-new-data-centers-new-places

Posted by fauzan > 2013-06-12 14:03 | Report Abuse

Aiyaa baru abis mtg lor ... Intermark just beside my office.. Let me find out for u all la ya... Kikiki...

Posted by Dondy BC Lee > 2013-06-12 14:06 | Report Abuse

you guys still not learn a bitter lesson from Tiger ??
this dato alway use fake new to lure people n after that sell off all their shares !!! remember how he con you guys in tiger, increase stake lah,sending notice to tiger board lah, asking edge,nanyang and btn to write up lah, now he no more hold a single tiger share !!!
Bear in mind we have to pay for business write up on share, if you got money, pay the reporter n ask him to write something good about portfolio
but got people believe or not is another story lah.
YOU LIKE IT OR NOT THE MARKET IS COMING TO CORRECTION, honey moon over liow, guys !, better go work harder, stay away for 3 weeks !!

Posted by Meng > 2013-06-12 14:07 | Report Abuse

Fauzan u tak mkn lunch ka? Mtg sampai pukul 2..kiki