Landasan Surimas Sdn. Bhd. (“LSSB”), a 40% owned by Kirana Masyhur Sdn. Bhd., which in term is the 40% owned associated by OCR. Is this 40% of 40% project? How is the profit distributed?
thehunters If you have time, this is the masterplan of OCR and ECAR - the 1bn proj https://bio-protocol.org/e2850 ??????????????????????????????????????????????????????????????\
The Board of Directors of OCR Group Berhad (“OCR” or the “Company”) wishes to announce that Landasan Surimas Sdn. Bhd. (“LSSB”), a 40% owned by Kirana Masyhur Sdn. Bhd., which in term is the 40% owned associated by OCR had on 18 June 2020, entered into a Joint Venture and Shareholders’ Agreement (“JVSA”) with Perbadanan Kemajuan Negeri Pahang (“PKNP”).
Under the JVSA, both parties will be shareholders of a joint venture company known as Taraf Raya Sdn. Bhd. (“TRSB”) which has been established to provide the mechanical and civil work relating to East Coast Rail Link Project (“Project”) subject to the final contract to be entered into between TRSB, Malaysia Rail Link Sdn Bhd and China Communications Construction (ECRL) Sdn Bhd..
Please refer to the attached file for details of the announcement.
OCR Group Bhd is a manufacturer and exporter of condoms and baby care accessories in Malaysia. The company sells baby products under the brand name “Japlo” and condoms under the brand name “Romantic” and “Playsafe”. ??
Profit taking is happening as some investors want to cash out but once the sellings are absorbed, the stock will shoot up. The follow up buying will push the price up to higher levels
Please be informed that the following stocks will be forbidden from DBT until 3.30 p.m. , as per Bursa Trading Rule 10.10(3) due to material announcement:
No. Stock Code Stock Name
1 0127 JHM
2 7218 TOCEAN
3 0198 GDB
4 5148 UEMS
5 514872 UEMS-C72
6 514873 UEMS-C73
7 514874 UEMS-C74
8 7071PA OCR-PA
9 7071WD OCR-WD
10 7071WC OCR-WC
11 7071 OCR
The stocks will only be authorized for DBT at 3.30 p.m. Dealers and remisiers are reminded that the reference price for DBT upon authorization shall be: 1. VWAP from 2.30 p.m. to 3.30 p.m.(traded stocks) 2. Reference price (un-traded stocks)
There is no impact to the normal market trading. Please be guided accordingly.
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....
JackTan1217
130 posts
Posted by JackTan1217 > 2020-06-19 13:30 | Report Abuse
WD is still trading at small small negative premium...still can buy