PICORP has been consolidating between a rage of RM0.150 to RM0.235 for the past one month. ... All moving average lines are in support to uptrend direction.
(Market Close) Bursa Malaysia ended higher on Monday (April 3), driven by bargain hunting amid improved sentiment across the board, with the key composite index closing at an intraday high. - Bernama
We are delighted to share that Saudi Asma Environmental Solutions LLC (SAES) Chief Executive Officer, En. Abdullah Omar had the opportunity to exchange views with Malaysian Foreign Minister Dato’ Seri Dr. Zambry Abd. Kadir and 17 other representatives from the Malaysian business community in Riyadh. We hope that this productive exchange will bear fruitful initiatives and outcomes that can strengthen the Malaysian economy domestically and globally.
Wastewater Treatment And Solution Clean and safe water is no less a national priority than are national defense and adequate system of interstate highways. However, wastewater solutions today are required to be efficient, hassle free and cost effective. Even existing plants face aging and poor physical conditions and reached the end of their useful design lives. The propositions that we offer are to provide excellent effluent discharge, tackling problematic plants through upgrading works and it all comes with a cost effective green solution package.
In 2010, Alam Sekitar Eco-Technology (ASET), a wholly owned subsidiary of Progressive Impact Corporation Berhad (PICORP) was established with a mission to be a key player in the wastewater treatment industry. Over the years, ASET has amassed a wealth of experience as a specialist in the wastewater industry by having a successfully completed and commissioned sewage treatment plant and wastewater schemes.
ASET business activities involves in Design, technology provider and construction of wastewater treatment plants for Domestic wastewater treatment plant, Industrial wastewater treatment plant, Pre-Treatment plant (O & G) and river/ effluent treatment plant.
As such, ASET is capable of providing the total environmental solution for wastewater industry from design phase to the operation and maintenance phase. This extensive track record enabled ASET to build a reputation not only as a reliable technology provider but also a competitive contractor in the water and wastewater industry.
The analytical testing services are mainly carried out by ALS. ALS provides reliable analytical testing data that help consulting and engineering firms, industry, and governments around the world make informed decisions about their environmental projects. Our comprehensive range of environmental testing and technical support services is complemented by a solid commitment to quality and customer service.
ALS Technichem (M) Sdn Bhd is the regional headquarters for Malaysia and Indonesia laboratory testing services group. The Shah Alam facility is a full-service laboratory offering a broad range of organic, inorganic, microbiology, food, occupational hygiene and equipment maintenance (Tribology) testing services.
Specialist Services include Ecotoxicology, Isokinetic stack sampling, Mercury speciation, Ultra trace metals analysis of seawater & freshwater and Air sampling and analysis.
The laboratories of ALS are SAMM-accredited by the Department of Standards, Malaysia and certified to ISO/IEC 17025 protocols. ALS has established and maintains a comprehensive management plan that takes into consideration the requirements of ISO/IEC 17025: 1999 “General Requirements for the Competence of Testing and Calibration Laboratories†The ALS’s laboratories conduct analytical testing based on the universally-recognized procedures of MS, USEPA, APHA, FDA and BS, amongst others.
ALS Malaysia provides a wide range of analytical and technical support services including:-
Soil, Sediment, and Solid Waste Testing Water Testing Air Quality Sampling and Testing Water Quality Sampling and Testing Stack Emission Sampling and Analysis Food Testing (Halal) Tribology Minerals
ASMA has been providing geographic information system (GIS) application solutions to clients in the private and governmental sectors since 1998. With this wealth of professional experience, ASMA is able to deliver technical expertise to meet your geospatial needs, as well as to see you through the successful project implementation of varying scales; from desktop, through departmental through project based, all the way to enterprise-wide GIS implementation.
Advance Statistical Analysis and Modelling Data Mining Dispersion Model Trend Analysis & Forecasting GIS- Based Modelling of Environmental Phenomena
Environmental Monitoring Incorporated in May of 1993, Alam Sekitar Malaysia Sdn Bhd (ASMA) is a subsidiary of the Progressive Impact Corporation Group of Companies that specializing in environmental monitoring and consultancy. The scope of monitoring includes ambient air quality, stack emission, groundwater, waste water and water quality.
While ASMA began as a company that focuses on environmental monitoring that includes not only air and water but also noise and odour, it has evolved into one stop centre that offers wide range of services and products in serving the environmental needs of both the public and private sectors. Indeed, ASMA is rapidly advancing towards realising its vision to be Environmental Solution Provider.
In 1995, ASMA (a subsidiary of PICORP Group of Companies) was awarded a concession by the Malaysian Government via the Department of Environment (DOE) to set up a systematic and comprehensive quality monitoring network for ambient air quality and river water quality for the nation and to establish the National Environmental Data Centre (EDC).
To date, under the Concession, ASMA is credited with the installation and management of 52 continuous ambient air quality monitoring stations (CAQM) and 10 continuous river water quality monitoring stations (CWQM), including managing more than 900 manual water quality monitoring stations covering most of the river basins in the country and 14 manual air quality stations nationwide.
ASMA's scope of services can be divided into the following sub-categories:-
Air Quality Management Continuous Particulate Monitoring: PM10 & PM2.5 Continuous Emission Monitoring System (CEMS) Predictive Emission Monitoring System (PEMS) Stack Monitoring Water Resource Management Ocean Data Monitoring (Wave Glider)
Our Subsidiaries Alam Sekitar Malaysia Sdn Bhd Alam Sekitar Malaysia Sdn Bhd("ASMA") ALS Technichem (Malaysia) Sdn Bhd ALS Technichem (Malaysia) Sdn Bhd ASMA Environmental Consultancy Sdn Bhd ASMA Environmental Consultancy Sdn Bhd Alam Sekitar Eco-Technology Sdn Bhd Alam Sekitar Eco-Technology Sdn Bhd Saudi Asma Environmental Solutions LLC Saudi Asma Environmental Solutions LLC ("Saudi Asma")
Related Companies Progressive Impact Technology Sdn Bhd Progressive Impact Technology Sdn Bhd ("PITECH") Foxboro (Malaysia) Sdn Bhd Foxboro (Malaysia) Sdn Bhd Progressive Impact Corrosion Sdn Bhd Progressive Impact Corrosion Sdn Bhd IAM-Wonderware Sdn Bhd IAM-Wonderware Sdn Bhd Intelligent Aqua Sdn Bhd Intelligent Aqua Sdn Bhd
On the company's future plans, Hassan said it planned to venture into waste management, an area he expected to grow significantly over the next 15 years due to rising consumer awareness of the need to protect the environment.
“We plan to go into waste management because people today are aware that it is critical for environment protection,” he said. .
Hassan said the company would also seek to strengthen its presence in the region, including Pakistan, Thailand, Vietnam and Indonesia. In addition, it was working to widen its customer base.
PICorp currently provides services to the public sector as well as private companies in the power, utility, oil and gas, and food industries.
It is an honour for Alam Sekitar Malaysia Sdn Bhd to meet and discuss with Tuan Haji Mohd Zaini Bin Jaafar, the new Managing Director of TNB Janamanjung. It is one of Malaysia's largest coal-fired power stations.
We had a productive meeting with TNB Janamanjung and learned a lot concerning TNB's plans for the future. In the foreseeable time, we hope to get many more invitations and guidance. #TNBJanamanjung #ASMA
It is an honour for ASMA to meet and discuss with Tn Hj Wan Abdul Latiff Bin Wan Jaafar, Director General of DOE, Puan Siti Zaleha Binti Ibrahim, Deputy Director General (Operations) of DOE, En Rosli Bin Mustafa, Director of Water and Marine DOE, and Tn Haji Shafe'ee Bin Yasin, Director of Enforcement DOE.
We had a fruitful session with the Department of Environmental to share about our latest breakthrough in Palm Oil Mill Effluent (POME) treatment technology, MyHERO, on how the system can help to improve effluent discharge quality.
Contact us if you want to know more about MyHERO. #EnvironmentalSolutions #ASMA #JabatanAlamSekitar
It is an honour for Alam Sekitar Malaysia Sdn Bhd to meet and discuss with Tn Hj Mohamad Helmi Othman Basha, the Group Managing Director of Sime Darby Plantations at Sime Darby KKS Chersonese.
We had a fruitful session with Sime Darby Plantation to share about MyHERO, our latest innovation in Palm Oil Mill Effluent (POME) treatment technology on how the system can aid in improving the quality of effluent discharge.
If you wish to learn more about MyHERO, please contact us. #EnvironmentalSolutions #SimeDarbyPlantation #ASMA #kkschersonese
BUSINESS Better environment laws trigger more demand for Picorp's pollution monitoring equipment By Ooi Tee Ching June 13, 2018 @ 8:23pm Picorp group executive director Datuk Dr Lukman Ibrahim says the Department of Environment will start to enforce the Environmental Quality Regulations (Clean Air) 2014 starting July 2019. NST picture by LUQMAN HAKIM ZUBIR. Picorp group executive director Datuk Dr Lukman Ibrahim says the Department of Environment will start to enforce the Environmental Quality Regulations (Clean Air) 2014 starting July 2019. NST picture by LUQMAN HAKIM ZUBIR. Shah Alam: Progressive Impact Corp Bhd (Picorp) sees better demand for its products this year as plants and factories nationwide rush to comply with Department of Environment's stricter air pollution regulation by July 2019.
"Plants and factories that emit smoke are placing order for our equipments and softwares in preparation to comply with stricter control of air pollution," said Picorp group executive director Datuk Dr Lukman Ibrahim.
"The Department of Environment will start to enforce fully the Environmental Quality Regulations (Clean Air) 2014 starting July 2019," he told reporters after the company's shareholders' meeting here today.
"Our predictive emissions monitoring system is certified by the Department of Environment. So, plants and factories using our products are assured of compliance to the stricter clean air regulation," he said.
MORE NEWS Sri Lanka shuts schools as cyclonic storm raises pollution, India braces for landfall [Exclusive] 'RM20mil fine, 20 years in jail for polluters' 'Boost laws on environment' Health warnings as Bangkok chokes on pollution Also present was Picorp chief financial officer Nadzrah Hashim. She noted that last year, Picorp posted RM1.0 million in profits on the back of RM83.88 million in revenue.
In the first quarter ended March 2018, Picorp's business had already shown improvement with RM1.38 million in profits on the back of RM22.21 million in revenue.
In 2014, the Natural Resources and Environment Ministry formulated the Environmental Quality Regulations (Clean Air) 2014 to incorporate the latest pollution control technology and standards adopted by developed countries.
WHAT TO READ NEXT LETTERS Mar 20, 2023 @ 12:25am Behind a cop's uniform is a caring person COLUMNISTS Mar 20, 2023 @ 12:10am Xi walking a diplomatic tightrope in visit to Moscow The government gave plants and factories emitting smoke five years of preparation until 1st July 2019 to comply with the stricter control over air pollution.
Among sectors that are mandated to invest in cleaner technologies to satisfy this new requirement are coal-fired power plants and steel mills.
Lukman went on the say that Picorp's business in Indonesia is also set to gain from the Indonesian government requlation mandating oil companies to rehabilitate soil conditions around oil fields, after they finished drilling.
"When oil companies have finished and are to surrender back the oil fields, they must, under Indonesian law, carry out soil remediation. That's where we come in to provide the solution to meet environment safety," he said.
"On the whole, we're optimistic of doing better this year, thanks to these captive markets for our products to comply with a safer and cleaner environment," Lukman added.
KUALA LUMPUR (April 4): Public Investment Bank expects to see the potential capital inflow from China benefiting the high-tech manufacturing sector followed by digital economy, which could potentially lead to the growth of non-residential industrial buildings, including electrical and electronic factories and data centres, and special trades like earthworks, and construction activities from the RM170 billion investment from China.
In a note on Tuesday (April 4), the research house said Prime Minister Datuk Seri Anwar Ibrahim, together with his entourage, yielded RM170 billion worth of investments from his visit to China over the weekend.
It said the four-day official visit witnessed the signing of 19 memorandums of understanding between Chinese and Malaysia companies.
However, it said details on the RM170 billion investment remain fuzzy.
“We expect activities to pick up in 2H2023 (second half of 2023) onwards in addition to the rollout of MRT3 coupled with the expediting of public infrastructure projects in East Malaysia,” it said.
The research house retained its sector top picks, Gamuda Bhd (outperform, target price [TP]: RM5.10) and IJM Corp Bhd (outperform, TP: RM1.97), for their strong civil engineering capability and track record in “design and build”.
“Both companies are lowly geared, with Gamuda at 0.17 times as of 2QFY2023 (second quarter of financial year 2023) and IJM at 0.24 times as of 3QFY2023.
“Outstanding construction orderbook for all stocks in our universe remain optimal at three to four years, with Gamuda having a record-breaking orderbook of RM20.5 billion,” it said.
another big jump and share buyback on the way :) KUALA LUMPUR (May 25): Bursa Malaysia's most-active stock Progressive Impact Corp Bhd's price surged as much as 60% yesterday, before ending the day 35.71% higher, while its volume exhibited a rare jump to above 400 million units.
The environmental services provider's share-trade volume jumped to 482.62 million units from 25.12 million yesterday.
The stock's price surged as much as 8.5 sen or 60% to 22.5 sen, before paring gains to close at 19 sen — five sen or 35.17% higher — translating into a market capitalisation of RM124.5 million.
Branded
China (Guangdong) RCEP Malaysia Digital Economy delegation conducts study visit to J&T Express Malaysia Almost five years since its establishment here in August 2018, J&T Express continues to make an impact on the Malaysian market.
READ MORE Reasons behind Progressive Impact's share price and volume rise could not be immediately ascertained at the time of writing.
A glance across Progressive Impact's share-trade volume chart over the last one year showed two notable jumps in the stock's volume. Prior to today's surge, a notable rise was seen on March 2, 2021 when the stock's volume climbed to 154.46 million units from 1.38 million a day earlier.
According to Progressive Impact's latest Bursa filing on May 4, 2021, the company on April 22, 2021 bought back 260,000 shares on the open market for RM34,246.17.
Progressive Impact said it paid between 13 sen and 13.5 sen for each share bought back.
The company has also provided more updates on its proposed final dividend of 0.3 sen a share for the financial year ended Dec 31, 2020.
On April 27, 2021, Progressive Impact said in a Bursa filing that the company's securities would trade ex-dividend on June 30, 2021 while the dividend payment date fell on July 15, 2021.
e Services Sdn Bhd Unit 32-01, Level 32, Tower A Bangsar South, No 8, Jalan Kerinchi 59200 Kuala Lumpur Telephone No. : 03-2783 9299 Facsimile No. : 03-2783 9222 Board Risk Management Dato’ Hajjah Rosnani binti Ibarahim Chairman > Dato’ Dr. Lukman bin Ibrahim > Kamarul Baharin bin Albakri Dato’ Hajjah Rosnani binti Ibarahim Chairman > Lee Weng Chong Auditors Ernst & Young PLT 202006000003 (LLP0022760-LCA) & AF No. 0039 Level 23A, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara, 50490 Kuala Lumpur Telephone No. : 03-7495 8000 Company Secretaries Zaidah binti Mohd Salleh (MIA 3313) (SSM PC NO. 202008000882) Wong Wai Foong (MAICSA 7001358) (SSM PC NO. 202008001472) Kuan Hui Fang (MIA 16876) (SSM PC NO. 202008001235) Principal Banker AmBank Islamic Berhad Suite 5.02, Mercu PICORP, Lot 10, Jalan Astaka U8/84, Bukit Jelutong, 40150 Shah Alam, Selangor Darul Ehsan.
PROGRESSIVE IMPACT CORPORATION BERHAD 199001011782 (203352-V) LABORATORY TESTING MALAYSIA • ALS Technichem (Malaysia) Sdn Bhd 59% INTERNATIONAL • PT ALS Indonesia 80% OTHERS Corporate Structure ENVIRONMENT MALAYSIA • Alam Sekitar Malaysia Sdn Bhd • Asma Environmental Consultancy Sdn Bhd • Alam Sekitar Eco-Technology Sdn Bhd 100% 100% 90% INTERNATIONAL • Asma International Sdn Bhd • Saudi Asma Environmental Solutions LLC • Asma Advanced Solutions LLC 100% 100% 60% • Vertical Plus Sdn Bhd Dormant • Progressive Uni San International Sdn Bhd
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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....
Good123
25,596 posts
Posted by Good123 > 2023-04-04 11:02 | Report Abuse
High beta stock .. bila naik, tiada batasan