Progressive Impact awarded RM8.46m sewerage treatment plant job in Port of Tanjung Pelepas
TheEdge Tue, May 12, 2020 10:34pm - 1 hour ago
KUALA LUMPUR (May 12): Progressive Impact Corp Bhd (PICORP) has won an RM8.46 million contract to construct a sewerage treatment plant in Port of Tanjung Pelepas.
PICORP said its wholly-owned subsidiary Alam Sekitar Malaysia Sdn Bhd (ASMA) signed the eight-month contract today with Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), which is 70%-owned by MMC Corporation Bhd.
Under the contract, ASMA will undertake the construction of module two of the sewerage treatment plant, while upgrading module one of the plant and remedying any defects present.
Noting that ASMA had delivered a similar sewerage treatment plant project, PICORP said today’s contract signifies PTP’s confidence in ASMA’s proven experience and strength in the segment.
“The contract is expected to contribute positively to the earnings per share of PICORP for the financial year ending Dec 31, 2020 until 2021,” the group added.
PICORP shares closed half a sen or 5.26% lower at nine sen, giving the group a market capitalisation of RM59.22 million.
alright , looks like somebody jeorpadize it. i notice strange things here. thats all for the thriumph .. see you once again at 6c-7c? stay happy. Earnings are too peanuts to sustain. You guys may continue on..
already making all happy ... left last chunk to unload .... no more ... now moving on to next one ... you guys take care n semoga bergembira at own risk ya .
URUSHARTA JAMAAH SDN BHD 13-May-2020 Notice of Person Ceasing 4,883,200 0.000 View Detail URUSHARTA JAMAAH SDN BHD 06-May-2020 Disposed 10,300,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 30-Apr-2020 Disposed 5,000,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 28-Apr-2020 Disposed 53,500 0.000 View Detail URUSHARTA JAMAAH SDN BHD 27-Apr-2020 Disposed 3,736,400 0.000 View Detail URUSHARTA JAMAAH SDN BHD 22-Apr-2020 Disposed 1,106,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 21-Apr-2020 Disposed 667,200 0.000 View Detail URUSHARTA JAMAAH SDN BHD 20-Apr-2020 Disposed 500,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 16-Apr-2020 Disposed 1,791,100 0.000 View Detail URUSHARTA JAMAAH SDN BHD 14-Apr-2020 Disposed 460,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 13-Apr-2020 Disposed 123,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 10-Apr-2020 Disposed 11,600 0.000 View Detail URUSHARTA JAMAAH SDN BHD 09-Apr-2020 Disposed 403,500 0.000 View Detail URUSHARTA JAMAAH SDN BHD 08-Apr-2020 Disposed 120,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 07-Apr-2020 Disposed 500,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 06-Apr-2020 Disposed 198,400 0.000 View Detail URUSHARTA JAMAAH SDN BHD 02-Apr-2020 Disposed 1,721,300 0.000 View Detail URUSHARTA JAMAAH SDN BHD 31-Mar-2020 Disposed 824,800 0.000 View Detail URUSHARTA JAMAAH SDN BHD 30-Mar-2020 Disposed 100,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 16-Mar-2020 Transferred 32,500,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 12-Feb-2020 Transferred 65,000,000 0.000 View Detail LEMBAGA TABUNG HAJI 28-Dec-2018 Notice of Person Ceasing 65,000,000 0.000 View Detail URUSHARTA JAMAAH SDN BHD 28-Dec-2018 Notice of Interest 65,000,000 0.000 View Detail ZAID BIN ABDULLAH 20-Dec-2017 Acquired 10,000 0.000 View Detail ZAIDAH BINTI MOHD SALLEH 20-Dec-2017 Acquired 10,000 0.000
[PICORP] Final Dividend on 15-May-2020 Stock [PICORP]: PROGRESSIVE IMPACT CORP BHD Announcement Date 15-May-2020 Financial Year 31-Dec-2019 Subject Final Dividend Type Dividend - Normal or Special Description Single Tier Final Dividend of 0.55 sen per share share for the financial year ended 31 December 2019 Amount RM 0.0055 Ex Date 29-Jun-2020 Entitlement Date 30-Jun-2020 Payment Date 13-Jul-2020
PICORP benefit from Covid -19. For 2020, ALS Malaysia will continue to introduce new test ethods with specific focus on the pandemic to trace presence of the COVID-19, asbestos, industrial hygiene, biological fluids and molecular biology etc. With the recent trend towards increasing health awareness among the members of the society, food and pharmaceutical
PICORP basically involved in technology based businesses related to mainly environmental and laboratory services, areas that not only unaffected by COVID 19 but will benefit from it instead. However it has always been under radar and low profile.
Good bargained at 11.5 cts. Quite long time not much volume as per today. If can secured big contract related to C-19 then can move higher. However luckyl got some dividen.
PICORP should try and get more valuable contract. So far not many investors really interested with PICORP though considered a good dividen master and currently missing in actions.
Come on,add value to the share price to at least 0.20 cts
PICORP good dividend paying stock, very much undervalued and very low profile. It is in the right growing biz of environmental related and laboratory testing.
One main reason why this counter is having a very depressed price due to heavy selling by Tabung Haji. But no worry, this counter will soon find its rightful value going forward.
Tommorow can slowly topup. It has been laggards for quite sometimes and left out as though not exist in BURSA. Nothing to worry too much on PICORP cz can at least give good dividen. Any movements is extra money.
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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....
Peter2357
597 posts
Posted by Peter2357 > 2020-05-06 09:59 | Report Abuse
2nd largest shareholder is Urusharta Jamaah S/B under Ministry of Finance with almost 10%