G CAPITAL BERHAD

KLSE (MYR): GCAP (7676)

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Last Price

0.47

Today's Change

+0.01 (2.17%)

Day's Change

0.45 - 0.475

Trading Volume

878,400


6 people like this.

1,712 comment(s). Last comment by Karlos 3 days ago

Posted by alibaba123456 > 2020-01-16 14:11 | Report Abuse

anytime from now to further shoot upwards......second big uptrend wave to be coming.....tighten your safety belts

billionn

731 posts

Posted by billionn > 2020-01-16 17:05 | Report Abuse

Ye ke heading north or south?

smart88

220 posts

Posted by smart88 > 2020-01-20 16:09 | Report Abuse

looks like it is heading south :(

leicha09

34 posts

Posted by leicha09 > 2020-01-21 11:28 | Report Abuse

Belum habis lagi ....ada big programs behinds....nak gained banyak waited lol ..

smart88

220 posts

Posted by smart88 > 2020-01-21 11:54 | Report Abuse

cny comes lor, don't have angpow?

Karlos

1,278 posts

Posted by Karlos > 2020-01-21 12:04 | Report Abuse

You will get a very good angpow after the new year. Just have to wait a little.

Posted by alibaba123456 > 2020-01-21 12:36 | Report Abuse

Newsbreak: Gunung Capital may see emergence of new major shareholders
TheEdge Mon, Jan 20, 2020 05:00pm - 19 hours ago


LOSS-making passenger vehicles charterer Gunung Capital Bhd, whose share price soared 73% in the past month, is expected to see the emergence of new substantial shareholders, according to sources.

The Edge learnt that the previous owners of textile manufacturer Kumpulan Powernet Bhd — led by Datuk Chew Kam Wah — are set to surface as the new major shareholders of Gunung Capital.

Meanwhile, the existing shareholders of Gunung Capital — led by its current group managing director and CEO Datuk Syed Abu Hussin Hafiz Syed Abdul Fasal — could be gradually exiting the company.

“Ideally, the ex-owners of Kumpulan Powernet will be looking to take up a controlling stake in Gunung Capital. But all these will not happen overnight as it might potentially trigger an MGO (mandatory general offer) or even RTO (reverse takeover),” says a source familiar with the matter.

“Datuk Syed (Abu Hussin) had been looking for potential buyers to take up his stake since last year, but there was no material development until recently,” the source says.

As at April 1 last year, Syed Abu Hussin was the single largest shareholder of Gunung Capital with equity interest of 27.98%, of which 23.81% was a direct stake.

Erayear Equity Sdn Bhd, controlled by Azhan Zakaria, is the second largest shareholder of Gunung Capital with an 11.78% stake, followed by Ooi Hock Lai with a 10.27% stake. Both Azhan and Ooi do not sit on the board of Gunung Capital.

Another source reveals that the buyers and sellers have agreed to conduct the transaction at 50 sen to 55 sen apiece.

“The first [likely] step for the buyer is to acquire Erayear Equity’s entire stake in Gunung Capital, or maybe even the whole entity (Erayear Equity), followed by other blocks of shares owned by Datuk Syed (Abu Hussin). The whole process might take at least two to three months,” he says.

So, who are the prospective buyers of the shares in Gunung Capital?

Some of the names that have come up are Kam Wah, Chew Chee Bor — better known as CB Chew — as well as Datuk Lee Chong Hoon, the elder brother of former national shuttler Datuk Lee Chong Wei.

Notably, all three of them were, one way or another, involved in Kumpulan Powernet, before Datuk Dr Mohd Abdul Karim Abdullah — founder and group CEO of Serba Dinamik Holdings Bhd — emerged as its new major shareholder last June.



Ex-Kumpulan Powernet

Before Karim surfaced at Kumpulan Powernet, Kam Wah and Chong Hoon were the two largest shareholders of the company, while Chee Bor was, and still is, the director of its two subsidiaries.

Recall that SSF Home Builder Sdn Bhd — an Ipoh-based property firm ultimately controlled by 42-year-old Kam Wah — had on June 20 last year sold its entire 10.99% stake in Kumpulan Powernet to Karim.

On the same day, Lee Chong Hoon Capital Sdn Bhd, a private vehicle named after Chong Hoon, also sold its entire 8.96% stake in Kumpulan Powernet to Karim.

Chee Bor is linked to Kumpulan Powernet as he is the director of its 51%-owned CBG Builders Sdn Bhd and CBG Capital Sdn Bhd — both inactive property developers.

Interestingly, a quick check with the Companies Commission of Malaysia (SSM) shows that Chong Wei Binajaya Sdn Bhd owns the remaining 49% stake in CBG Builders and CBG Capital.

It is not known whether Kam Wah and Chee Bor are related. The duo and Chong Hoon, however, seem to be closely linked to each other.

Now, assuming that Kam Wah and Chong Hoon made a killing together at Kumpulan Powernet, it will not be a surprise if they were to surface at Gunung Capital together.

Looking at the recent share price performance of Gunung Capital, it is safe to assume that something is brewing at the company.

Its shares have risen 73%, from 30 sen on Dec 6 last year to settle at 52 sen last Tuesday, giving it a market capitalisation of RM122.8 million. The counter is currently trading at a price-to-book value of 1.2 times, against its net assets per share of 40.8 sen as at Sept 30 last year.

Gunung Capital is principally engaged in the chartering of its fleet of land-based transportation assets and speciality vehicles.

Through its wholly-owned subsidiaries, GPB Corp Sdn Bhd and Gunung Resources Sdn Bhd, as well as its indirect wholly-owned subsidiary, Bas Rakyat Sdn Bhd, Gunung Capital is focused on chartering its transportation assets to the government, companies with substantial fleet requirements, shuttle bus services within university campuses and ad-hoc charters.

Currently, Gunung Capital, via GPB Corp, is operating the fleet requirements of the Malaysian Ministry of Defence to transport school-going children of the armed forces personnel nationwide.

The group has allocated 233 units of 44-seater buses and 85 units of 25-seater buses to fulfil its obligations under a service contract, whose value over three years is up to RM43.904 million.

While Gunung Capital has been lo

Posted by alibaba123456 > 2020-01-21 15:43 | Report Abuse

Saya bukan alibaba ... mesti goreng lagi ..... Confirm belakang ada big programs ......

Posted by alibaba123456 > 2020-01-22 12:08 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3018005


1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal ESOS
Details of corporate proposal Exercised of share options
No. of shares issued under this corporate proposal 1,650,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.4100
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 237,829,708
Issued Share Capital ($$) Malaysian Ringgit (MYR) 95,154,893.000
Listing Date 23 Jan 2020

Posted by syedluqman > 2020-01-24 10:13 | Report Abuse

Ang pow CNY

Posted by EngineeringProfit > 2020-01-24 10:17 | Report Abuse

Mountain is moving....huat ar

Karlos

1,278 posts

Posted by Karlos > 2020-01-24 11:41 | Report Abuse

More good news coming !

Ken

678 posts

Posted by Ken > 2020-01-24 14:10 | Report Abuse

What news?

Posted by alibaba123456 > 2020-01-28 15:37 | Report Abuse

wah , worsen market but Gunung looks moving upwards ..... Sharks is open big mouth makan small fish and further up bits

leicha09

34 posts

Posted by leicha09 > 2020-01-28 22:18 | Report Abuse

Ada power lagi......if tonight us dowj turn green ......Tomorrow gunung sure break 0'60

Karlos

1,278 posts

Posted by Karlos > 2020-01-29 08:59 | Report Abuse

Gunung biz does not correlate so much to current economic or market conditions. On top Gunung currently can be catogarised as i a special condition stock. Apart from its involvement in growing green energy, it is in the midst of changing its controlling shareholder.

Posted by alibaba123456 > 2020-01-29 15:18 | Report Abuse

limit up !!!!!!

Posted by alibaba123456 > 2020-01-29 15:21 | Report Abuse

Above 0.600 clear all the previous stuck fishs ..... Big shark will make share prices more crazy uptrends

Posted by EngineeringProfit > 2020-01-29 15:22 | Report Abuse

Congrats, guys. CHEERS

Karlos

1,278 posts

Posted by Karlos > 2020-01-30 09:03 | Report Abuse

Gunung WB undervalued, trading virtually at no premium

Posted by alibaba123456 > 2020-01-30 10:22 | Report Abuse

Run ..................Profit taking ....................................Run

Karlos

1,278 posts

Posted by Karlos > 2020-01-30 12:21 | Report Abuse

Why run away? Just look at KPower for inspiration and guidance!

Posted by alibaba123456 > 2020-01-30 14:37 | Report Abuse

WB big volumes explosion ......Big sharks almost sell out all ............Run lol

Karlos

1,278 posts

Posted by Karlos > 2020-01-30 14:49 | Report Abuse

KPower and co. coming!!

Posted by alibaba123456 > 2020-01-30 14:54 | Report Abuse

Sudah cukup Angpaw lol .......take profits looking for other stock is much more safe..hahaha Karlos cheers ........or you can choose to take half of your invest in Gunung....risky !!!!

Posted by alibaba123456 > 2020-01-30 15:36 | Report Abuse

Run for life .......if not Stuck for whole life ..hahaha

giveme 5

34 posts

Posted by giveme 5 > 2020-01-30 21:00 | Report Abuse

这价位还不高,有人卖我们才有机会买^0^
huat ah 财源滚滚来咯

Posted by alibaba123456 > 2020-01-30 22:15 | Report Abuse

你不要吹牛啦。。你能吞多少? wb 16万张。。母股 10万张!!!! 这样的成交量你能吞???哈哈 大炮仙

giveme 5

34 posts

Posted by giveme 5 > 2020-01-31 07:29 | Report Abuse

股票里交易有规定要买多才能讲话"大声"?我有买到我高兴写出来不行?新年期间要整年顺顺利利股票大赢就要说"恭喜"^0^

giveme 5

34 posts

Posted by giveme 5 > 2020-01-31 07:33 | Report Abuse

新年期间,就要多说"恭喜" ^0^
赢了的恭喜你们,我刚买的也恭喜自己日后买多赚多,一起huat呀^0^

giveme 5

34 posts

Posted by giveme 5 > 2020-01-31 07:53 | Report Abuse

小妹我长这么大第一次被人说大炮仙,来者还是马云的公司,值得值得^0^

Posted by alibaba123456 > 2020-01-31 08:42 | Report Abuse

你继续吹吧....大炮仙 !!!

billionn

731 posts

Posted by billionn > 2020-01-31 08:51 | Report Abuse

Hello no personal attack la. Each of his own. Willing buyer willing seller gong Xi Fatt Cai everyone.

leicha09

34 posts

Posted by leicha09 > 2020-01-31 09:15 | Report Abuse

Yalor ....for those buy low and sell high ..profits taking nothing wrong....and for those buy on high and wanna selling higher also nothing wrong ....Your money come to my pocket nia ...haha

giveme 5

34 posts

Posted by giveme 5 > 2020-01-31 09:56 | Report Abuse

O(∩_∩)O

Karlos

1,278 posts

Posted by Karlos > 2020-02-03 16:21 | Report Abuse

Gunung and Power the twins, both strong against weak market!

Posted by EngineeringProfit > 2020-02-03 16:22 | Report Abuse

huat ar

88cash88

90 posts

Posted by 88cash88 > 2020-02-03 17:31 | Report Abuse

huat ah ....heng heng lai

Ken

678 posts

Posted by Ken > 2020-02-03 17:47 | Report Abuse

Probably push by giveme 5

Karlos

1,278 posts

Posted by Karlos > 2020-02-04 19:00 | Report Abuse

Current chairman and controlling shareholder selling big block of 2.3m at 63 sen! The big buyer probably new controlling shareholders must value it more than 63 sen then.

Posted by syedluqman > 2020-02-05 18:12 | Report Abuse

Slow but steady

ramunia

1,123 posts

Posted by ramunia > 2020-02-06 14:06 | Report Abuse

Slowly clearing off

Mathatter

22 posts

Posted by Mathatter > 2020-02-08 02:46 | Report Abuse

If they are slowly clearing off, who are they going to sell to? A lot of shares can't be sold in this relatively illiquid stock. So if they are not medically crazy, then the logical and only conclusion is that they are actually buying more. These type of market investors, are very rare these days, but they go for all, Why leave anythimg on the table (in the food perspecive and also in the poker persective).

Karlos

1,278 posts

Posted by Karlos > 2020-02-10 10:09 | Report Abuse

Gunung, KPower and Karim Abdullah?????

Posted by alibaba123456 > 2020-02-10 10:17 | Report Abuse

power switch on

Ken

678 posts

Posted by Ken > 2020-02-10 13:01 | Report Abuse

MD is selling his shares in the market

Muhdali

58 posts

Posted by Muhdali > 2020-02-10 13:32 | Report Abuse

Next target price? Can go above 70cent?

Karlos

1,278 posts

Posted by Karlos > 2020-02-10 15:18 | Report Abuse

MD is selling for the change of controlling shareholders.

Karlos

1,278 posts

Posted by Karlos > 2020-02-10 17:09 | Report Abuse

Today is listing of 1 m shares for trading arising from exercise of ESOS @ 41 sen.

BigPunter

115 posts

Posted by BigPunter > 2020-02-10 23:05 | Report Abuse

RM0.80 coming

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