This fintec people do not know...how to run business well....their objective is to play the stock market and operate their stock to kon people loh!
If their stock operations are not successful....their next objective to strip the company for cash or strip its other listed for cash to bail them out loh!
For example U will notice that Netx will buy into mlabs loh!
And fintec will buy into netx & so forth loh!
Where is the promise of Running Netx as the next Alibaba, Amazon, Alibaba, Facebook, Grab and tencent leh ?
It can never be mah!
Bcos this people do not know how to run real business well for profit mah!
The best they can do is to cook up very sexy stories like when GRAB is successful, they will come up with Gemsports loh!
When Gloves is successful they will come up with AT loh!
When Tech is popular they will come up with mlabs and xox loh!
The strategy is to entice u to get trap in their share mah!
Even if the stock that has huge undervaluation and Cash Rich like NETX with net cash more than its share price, it does not help loh!
Take for example for NETX....they bought up some of retail units in SG WANG Plaza for only token Rm 1................but after taking over the company.....NETX need to come up with millions & millions to settle the companies owing...b4 they can lay hands to any vacant retail lots mah!
So effectively...it is a bailing out of its cronies loh!
(7080) - KLSE ... Permaju Industries Berhad is an investment holding company engaged in the provision of management services. The Company operates through four segments: ... Price Bid/Ask: 0.05 / 0.055 NTA: 0.2700 Shares (mil): 1,922.06 Market Cap: 86.5M Financials Quarterly financials (MYR) Sep 2021 Y/Y Revenue 4.54M 61.62% Net income 2.63M 251.85% Diluted EPS - - Net profit margin 57.93% 495.7%
Permaju Industries Berhad is an investment holding company engaged in the provision of management services. The Company operates through four segments: Timber, which is engaged in the sale of timber logs and related timber products, and holding of timber concessions and tree plantations; Automotive, which is engaged in the sale and distribution of motor vehicles and provision of related services; Property, which is engaged in the development and construction of property, and Other, which is engaged in corporate services and investment holding activity. The Company's subsidiaries include Capital Intertrade Sdn. Bhd. and Cergaz Autohaus Sdn. Bhd., which are engaged in the sale and distribution of motor vehicles and provision of repairs and maintenance services; Cergazam Sdn. Bhd., which is engaged in the provision of management and other services; Genbayu Gemilang Sdn. Bhd., which is engaged in tree plantation, and Hardie Development Sdn. Bhd., which is engaged in property development.
Shareholding Changes Date of change Shares Director/ Substantial Shareholder 30 Nov 2021 Acquired 320,000,000 VSOLAR GROUP BERHAD 30 Nov 2021 Acquired 320,000,000 CUBETECH ASIA SDN. BHD
PERMAJU Quarter Report History Date Financial Year Quarter Revenue (RM,000) PBT (RM,000) Net Profit (RM,000) EPS (Cent) Div (Cent) NTA (RM) QoQ (%) YoY (%) 29 Nov 21 30 Jun 22 Q1 Sep 21 4,540 2,610 2,630 0.28 0.00 0.270 Malaysia Stock - KLSE Quarter Report History 111% Malaysia Stock - KLSE Quarter Report History 252%
Latest Headline 06 Dec Vsolar now the largest shareholder of Permaju with 16.7% stake 10 Nov As glove fever cools, Focus Dynamics and Permaju pivot to electric vehicles 09 Nov Permaju Industries, Focus Dynamics in pact to set up EVs showroom 03 Aug Quick take: Permaju jumps 11%, most active on Bursa 15 Jun Serba Dinamik, KPower, Privasia, Hextar Global, Green Ocean, Permaju, MTouche,... 14 Jun Permaju acquires 20% stake in MTouche via rights share subscription 11 Feb Trading ideas: Sapura Energy, BAT, Texchem, Yi-Lai, Permaju 10 Feb BAT Malaysia, Sapura Energy, TNB, Texchem, Permaju, KAB, Yi-Lai, Supermax,... 10 Feb Permaju to buy 30% stake in Hardie Development, proposes private placement 10 Feb Permaju to buy 30% stake in hardie development, proposes private placement 02 Sep Trading ideas: Kerjaya Prospek, T7, PetChem, Oceancash, Permaju Industries . 01 Sep Permaju, Vsolar team up to bid for RM217m large-scale solar power project
PERMAJU Top Shareholders Name % Shares Position CHG Value AFFIN HWANG NOMINEES (ASING) SDN BHD EXEMPT AN FOR SANSTON FINANCIAL GROUP LIMITED (ACCOUNT CLIENT) 3.55 33,191,900 10,894,300 1.66M YONG CHOO KIONG 2.03 19,000,000 15,500,000 950K CHOONG YEAN YAW 1.37 12,799,100 NEW 640K HLIB NOMINEES (ASING) SDN BHD PLEDGED SECURITIES ACCOUNT FOR TAN LEE PANG S/O HUM BENG 1.21 11,300,000 400,000 565K TOH EAN HAI 1.07 10,000,000 1,247,400 500K LEOW HONG YEN 1.00 9,300,000 NEW 465K WONG AH YONG 0.91 8,500,000 1,500,000 425K PUBLIC NOMINEES (ASING) SDN BHD PLEDGED SECURITIES ACCOUNT FOR TAN VINCENT (E-KLC) 0.86 8,000,000 NEW 400K TING KWONG KEONG 0.86 8,000,000 NEW 400K TAN KEE TONG 0.82 7,661,100 NEW 383K
Permaju’s wholly-owned unit Cergaz Autohaus Sdn Bhd has inked a collaboration and tenancy agreement with Focus Dynamics Centre Sdn Bhd to open the “digital retail concept EV showroom” in the latter’s upcoming site in The Arch, Jalan Tun Razak. Focus Dynamics Centre is a wholly-owned unit of Focus Dynamics.
Their pivot into EV comes not long after the two companies separately announced glove ventures amid the rush of companies jumping onto the rubber glove bandwagon during the height of the Covid-19 pandemic.
On the EV collaboration, Permaju’s executive director Tang Boon Koon said in the statement that the upcoming showroom will display more than 10 well-known luxury and premium EV brands.
Focus Dynamics executive director Tay Ben Seng said aside from tenancy in The Arch, the company will also provide its own robotic drink mixologist "MixoBot" for Permaju’s customers in the EV showroom.
In a filing, Vsolar said its wholly-owned unit Cubetech Asia Sdn Bhd subscribed to 320 million Permaju rights shares at seven sen apiece, for a total of RM22.4 million, using internally generated funds.
Permaju, in a separate announcement, said a total of 959.81 million rights shares have been listed on Bursa Malaysia.
The company announced the rights issue on Sept 2 to raise RM67.32 million to fund the set-up of its business involving electric vehicle (EV) imports, showroom and aftersales service centre.
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Permaju, Mydin amend design of Sabah hypermarket projecthttps://www.theedgemarkets.com › article › permaju-m... 9 Jun 2017 — KUALA LUMPUR (June 9): Permaju Industries Bhd's 70%-owned subsidiary Hardie Development Sdn Bhd has entered into a second supplemental ...
Permaju Bags RM1.2bil Contract For Selangor Housing Projecthttps://www.propertyguru.com.my › ... › July 17, 2020 17 Jul 2020 — The company, through Hardie Development Sdn Bhd, developed a mixed housing estate in Kota Kinabalu, Sabah – known as Alam Puteri.
OCR, Permaju Industries to develop RM1 billion project in ...https://www.thesundaily.my › business· Translate this page 25 Mar 2019 — PETALING JAYA: OCR Group Bhd and Permaju Industries Bhd's 70%-owned subsidiary Hardie Development Sdn Bhd will jointly develop a RM1 billion ...
Permaju Industries, OCR to develop RM1bil project in Kota ...https://www.thestar.com.my › business › 2019/03/25 25 Mar 2019 — In a statement Monday, Permaju Industries said its 70%-owned subsidiary Hardie Development Sdn Bhd (HDSB) has inked a memorandum of ...
Princess Heights Project, a RM1 billion project in the Menggatal district in Sabah is being jointly developed by OCR Group Bhd and Permaju Industries Bhd's 70%-owned subsidiary Hardie Development Sdn Bhd. It is located on 44.28ha of land belonging to Hardie Development.
The two development companies intend to share 50:50 profit and develop Stage 2 and Stage 3 of the project.
Stage 2 of the project consist of Phase 1E (four-storey hypermarket) and Phase 1F (80 units of three-storey terraced shop/offices). Meanwhile, stage 3 has been allocated for future development of commercial and residential properties, including e-commerce and lifestyle hub.
Excluding Phase 1E, the gross development of the project is RM1 billion. Upon completion, Phase 1E will be leased to MYDIN Mohamed Holdings Bhd for a period of 20 years for the establishment and operation of its hypermarket and retail business. The total collectable rental is estimated at RM433 million.
Executive Director of Permaju Industries, Yvonne Chai Woon Yun said, "The Princess Heights project, will capitalise on the opportunities and benefits arising from the growth potential of Sabah's property market. Going forward, we believe this project will further contribute to the company's future earnings and improve its financial performance."
Posted by Good123 > Dec 14, 2021 12:09 PM | Report Abuse
Princess Heights Project, a RM1 billion project in the Menggatal district in Sabah is being jointly developed by OCR Group Bhd and Permaju Industries Bhd's 70%-owned subsidiary Hardie Development Sdn Bhd. It is located on 44.28ha of land belonging to Hardie Development.
The two development companies intend to share 50:50 profit and develop Stage 2 and Stage 3 of the project.
Stage 2 of the project consist of Phase 1E (four-storey hypermarket) and Phase 1F (80 units of three-storey terraced shop/offices). Meanwhile, stage 3 has been allocated for future development of commercial and residential properties, including e-commerce and lifestyle hub.
Excluding Phase 1E, the gross development of the project is RM1 billion. Upon completion, Phase 1E will be leased to MYDIN Mohamed Holdings Bhd for a period of 20 years for the establishment and operation of its hypermarket and retail business. The total collectable rental is estimated at RM433 million.
Executive Director of Permaju Industries, Yvonne Chai Woon Yun said, "The Princess Heights project, will capitalise on the opportunities and benefits arising from the growth potential of Sabah's property market. Going forward, we believe this project will further contribute to the company's future earnings and improve its financial performance."
Permaju Industries Bhd is said to have clinched a RM1.2 billion construction contract for the development of over 7,000 apartment units in Selangor.
Citing construction industry sources, the New Straits Times (NST) reported that the contract was awarded by a reputable property developer who owns a large tract of land within the Seri Kembangan/Serdang area, around 15km of Cyberjaya and south of Kuala Lumpur city centre.
The highest building within the development will have more than 50 floors, potentially making it the tallest building in the Seri Kembangan/Serdang area.
Find a place to call home in Seri Kembangan by browsing through these project reviews!
To be built in the next six to seven years, the project is believed to have a gross development value of around RM2.4 billion, reported NST.
“The developer decided to kick-start construction after the Penjana plan was announced as they are now more confident in the market recovering. They received approval to develop the project last year but had put it on hold and feel now is a good time to re-start,” NST quoted the source as saying.
To encourage growth within the property sector, the Home Ownership Campaign (HOC) was reintroduced, in which stamp duty exemptions were offered on the instrument of transfer as well as loan agreement for the purchase of homes priced from RM300,000 to RM2.5 million.
The government also offered an exemption on real property gains tax (RPGT) to Malaysians for the disposal of up to three properties from 1 June 2020 to 31 December 2021.
Permaju, via its subsidiary companies, is involved in timber plantation, trading of motor vehicles, construction, and property development.
The company, through Hardie Development Sdn Bhd, developed a mixed housing estate in Kota Kinabalu, Sabah – known as Alam Puteri.
PERMAJU INDUSTRIES BERHAD Registration No. 199601006711 (379057-V) ANNUAL REPORT 2021 CORPORATE STRUCTURE Permaju Industries Bhd Provision of management services and investment holding AUTOMOTIVE PROPERTIES DEVELOPMENT hardie development Sdn Bhd Property Development 100% iconworld resources Sdn Bhd Dormant 100% PERMAJU GLOVE SDN BHD Dormant 100% TIMBER Genbayu Gemilang Sdn Bhd Timber Plantation 100% Rintisan Bumi (M) Sdn Bhd 100% Ceased operation
FORWARD-LOOKING STATEMENT This sustained growth underpins our prospects for the coming years, and we aim to capture the opportunities in the local market. The Group has taken various initiatives to improve our financial performance and we expect growth to stem from the following key areas:- (i) Development of Princess Heights project and Mydin hypermarket The Group diversified into property development through the acquisition of 70.0% equity interest in Hardie in 2010. At present, the Group has completed Phase 1A and 1B of our Princess Heights development in Kota Kinabalu, Sabah, which mainly comprise commercial properties. Moving forward, the Group is in the midst of developing a 4-storey hypermarket and intends to develop 6 additional phases of residential properties in the same development. On 2 July 2021, the Group had completed the acquisition of the 30% equity interest in Hardie. In turn, this will allow the Group to own Hardie wholly and fully recognise the future earnings and cash flow from the ongoing development of the Princess Height Project which is expected to enhance the future profitability and cash flow of the Group. (ii) Venturing into luxury car rental business The Group had completed private placement – 10% on 18 November 2020, which had raised a total of RM7.95 million. This proceed are intended to venture into the luxury car rental business as an expansion from the Group’s existing automotive business. Furthermore, the Group intends to leverage on its existing resources and expertise in the automotive business to ensure the success of the new luxury car rental business. The target markets for the luxury car rental business are expected to be corporate users, high net worth individuals as well as those conducting corporate and special events. “Smith Zander International Sdn Bhd anticipates that in the longer term, after the crisis of the Covid-19 pandemic ends and after the recovery of economic condition, the luxury car rental market is expected to be supported by the rise of more affluent population and high–income households, growth of the meetings, incentives, conventions and exhibitions (“MICE”) industry as well as increasing awareness of the sharing economy”. (iii) Venturing in sales of luxury and premium EVs The Group announced proposes to undertake a renounceable right issue to expand its automotive business by venturing into the sale of luxury and premium EVs. This is aimed at tapping into a new market segment comprising mainly high–income consumers and capitalise on the rise in environmental awareness among consumers. EVs are an alternative mode of transportation for environmentally conscious consumers as it has lower carbon dioxide emissions and carbon footprint, and is thus considered a more environmentally friendly option as compared to a traditional combustion engine vehicle that uses fossil fuel to power its engine. The EV market in Malaysia is at nascent stage as the attractiveness of EV is limited by relatively high prices, low resale value and limited supporting infrastructure. Nevertheless, with the approval and implementation of the new EV policy under NAP 2020, are expected to increase the demand of for EVs in Malaysia as EV becomes more affordable and the EV supporting infrastructure becomes more accessible in Malaysia.
Permaju the Big Bosses not Intrested in their own shares...allowing it to fall free flow... There is no Major share holding in this company...So don't try to bet...many individuals are trap with this company from 7cents....!
Welcome to Permaju Industries Berhad The principal activities of Permaju Industries Berhad are the provision of management services and investment holding. The principal activities of the subsidiaries are trading of motor vehicles and provision of related services, properties development and timber plantation.
Corporate Information BOARD OF DIRECTORS Jean-Michel Fink (Independent Non-Executive Chairman)
Chai Woon Yun (Executive Director)
Tang Boon Koon (Executive Director)
Chew Shin Yong, Mark (Independent Non-Executive Director)
Ho Pui Hold (Independent Non-Executive Director)
REGISTERED OFFICE Level 5, Block B, Dataran PHB, Saujana Resort, Section U2, 40150 Shah Alam, Selangor Darul Ehsan
Tel No.: +603-7890 0638 Fax No.: +603-7890 1032
PRINCIPAL BUSINESS ADDRESS Wisma Cergaz Lot 45182, Sungai Penchala Off Jalan Damansara 60000 Kuala Lumpur Wilayah Persekutuan
Tel No.: +603-7725 8855 Fax No.: +603-7725 6127
SHARE REGISTRAR Shareworks Sdn. Bhd. No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia
Tel No.: +603-6201 1120 Fax No.: +603-6201 3121
AUDITORS Messrs. Al Jafree Salihin Kuzaimi (AF1522) Chartered Accountants 555, Jalan Samudra Utara 1 Taman Samudra 68100 Batu Caves Selangor Darul Ehsan
Tel No.: +603-6185 9970 Fax No.: +603-6184 2524
PRINCIPAL BANKERS Hong Leong Bank Berhad United Overseas Bank (Malaysia) Berhad RHB Bank Berhad
SOLICITORS Messrs Satha & Co Advocates & Solicitors Unit A-19-3 Level 19 Tower A Menara UOA Bangsar No. 5, Jalan Bangsar Utama 1 59200 Kuala Lumpur Wilayah Persekutuan
STOCK EXCHANGE LISTING Main Market of Bursa Malaysia Securities Berhad Stock code: 7080 Stock name: PERMAJU
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....
Ppmaster
4,431 posts
Posted by Ppmaster > 2021-12-10 19:33 | Report Abuse
Good123, you got mental problem?