PP, part and parcel of funding biz projects. Cheers!
KUALA LUMPUR: Kobay Technology Bhd is undertaking a private placement of up to 10 per cent of its issued shares to raise up to RM153.14 million, at an illustrative issue price of RM5.00 per share.
In an exchange filing today, Kobay said the gross proceeds are expected to be utilised to set up new aluminium products manufacturing plant (RM60 million), partial repayment of bank borrowings (RM50 million) and working capital for the group's manufacturing division (of up to RM42.7 million).
As of October 29, 2021, Kobay had an issued share capital of RM102.10 million, comprising 306.28 million Kobay shares.
Sedunia pun mau tenaga hijau , pasukhas juga pandai memilih industri ini
With India needing US$1.4 trillion over the next 20 years to get on a sustainable path, it’s hoped that Ambani and Gautam's involvement will encourage other investors to bet big on renewables.
I want to laugh with all this funny logic, maybe for someone new to stock investing will believe, pp with discount price, it is like someone earn easily if they dump the share, so how can pp be good to minority shareholder unless it is offer to existing shareholder to buy at discount price from the latest price....same like what AA is doing with the RI and same as previous RI from this stock also....what happen after the RI, everyone can see, drop 60% from initial price.....this is how good PP?
The Dow Jones Industrial Average rose 617.75 points, or 1.82%, to 34,639.79, the S&P 500 gained 64.06 points, or 1.42%, to 4,577.1 and the Nasdaq Composite added 127.27 points, or 0.83%, to 15,381.32.All 11 major sectors of the S&P 500 closed in positive territory, with industrials, energy and financials enjoying the biggest percentage gains.
NEW YORK: A broad rally sent Wall Street to a sharply higher close on Thursday, recovering ground lost over recent sessions as market participants snapped up bargains while digesting the implications of a shifting pandemic.
All three U.S. indexes advanced, with investors favoring value over growth, and economically sensitive smallcaps and transports outperforming the broader market.
@StockAz Happy holidays guys. 02/12/2021 11:38 PM
ZackKiddo Esok bursa tutup guys. 02/12/2021 11:41 PM
stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5000% - 10000%
He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculous. This conman has caused millions of people losing huge by pretending to help newbies. 02/12/2021 10:21 PM
This share already diluted till the point of total loss to old investor, 0.02 from share consolidation 10:1 to 0.20, the RI to 0.10, how can the price push back down to before consolidation?
Do your maths, if you hold 0.02 before consolidation, then 10:1 consolidation, 0.20, then after RI, then 0.10, then now 0.035-0.04, so,
1000 unit x 0.02 = 20
After share consolidation, 100 unit x 0.20 = 20
Then RI, 100 unit x 0.10 = 10
Then now, 100 unit x 0.04 = 4
This is the total loss after the so called patience, from 20 bucks all the way left 4 bucks, 80% total loss!!!!!!
And please some genius don't come and tell us, when after share consolidation, should sell out when reach 0.59 as the same outcome for those who buy at that time, at any point of purchase price also will be a disaster for that investor......
The only one earning will be those manage to grasp the up and down period to hit and run, so very funny when someone tell us to be patience for long term holder lol.......
Do not waste money, just avoid this counter own by kon fintec group loh!
VERY VERY IMPORTANT WARNING MAH!
Dishonest scenery is a dishonest agent of kon fintec syndicate mah!
Be very careful of Scenery....he is all out to kon u mah!
Posted by scenery > Dec 3, 2021 4:59 PM | Report Abuse
WARNING:
stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5000% - 10000%
He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculous. This conman has caused millions of people losing huge by pretending to help newbies.
The kon management can come up with ESOS, Private Placement, consolidations, Rights Issue, Restructuring at the end the share price can be even lower than 0.5 sen loh!
There is no lowest price for trader, they can press to more lower price anytime if the want. I never buy price at the lowest or sell the price at highest.
In the long history of the corporate world, there has never been a time when business survival is so closely tied to the sustainability of our environment and planet.” — Abdul Rauf The 12th Malaysia Plan (12MP), tabled in parliament, has laid out the roadmap for changes that must take place to make the country carbon-neutral by 2050 and achieve sustainable growth.
To promote the greening of the economy, the 12MP outlines measures in four pillars, offering growth opportunities for sustainability-focused businesses. These include the reduction of greenhouse gas emissions and a feasibility study on carbon pricing. Firms that are poised to install renewable energy (RE) will benefit from the government’s target of achieving 31% RE by 2025. Likewise, the 12MP’s aim of having 120 cities achieve sustainable city status will spur growth in the sector. The green economy will involve the rollout of the Low Carbon Mobility Blueprint, mandatory adoption of National Green Standards, Government Green Procurement, and more.
Similarly, a raft of programmes covering the circular economy that were presented in the 12MP will drive economic opportunities in sustainability. These involve waste management, water management, business design and processes and others like remanufacturing, green financing and research and development.
“Companies that embrace sustainable business operations and move towards an inclusive business model are best positioned to flourish and scale for growth. By engaging effectively on ESG, companies will attract talent, customers, business partners, investors and financiers who value transparency and sustainable innovations,” says Arina Kok, EY Malaysia Climate Change and Sustainability Services Partner.
However, advancing ESG requires a deeper understanding of the stakeholders’ needs and the impact of the businesses’ footprints. As EY’s survey of the top 100 Malaysia’s public-listed companies (PLCs) found, climate change is acknowledged by corporations but not yet adequately addressed. Malaysia is in the nascent stage of climate risk reporting. Benchmarked against the recommendations of the global Taskforce on Climate-related Financial Disclosures (TCFD), most PLCs in the Malaysian survey have opportunities to further improve their climate risk disclosures, given their overall coverage score of 34% and quality score of only 12%.
Companies need to consider stepping up in several key areas, which include identifying climate risks and seizing new opportunities; setting and embedding resilient ESG strategies; and communicating the climate change risk strategy to stakeholders, customers and communities.
“The recent establishment of the International Sustainability Standards Board (ISSB) at the 2021 United Nations Climate Change Conference (COP26) in Glasgow to drive one common sustainability reporting language is a major step towards achieving relevant, decision-useful sustainability information for market participants that is comparable across industries and jurisdictions. Ultimately, all businesses will be impacted by these standards that are being converged and aligned,” says Arina.
good123 already scamming in this forum since 1 year ago, after that will delete all his comments then restart again. He is paid by the syndicate controlling pasukgb to lure people to buy. 1 year ago when price drop to 3-4 cents before share consolidation and RI he say attractive to buy, now after RI done and drop to 3-4 cents again, same story :)
PASUKHAS GROUP: Second contract win of the year Maybank IB Retail Research
Pasukhas announced that its wholly-owned subsidiary Pasukhas S/B was awarded a c.MYR2.7m contract by AT Glove Engineering S/B, a wholly-owned subsidiary of AT Systematization (ATSY MK, CP: MYR0.165, Not Rated), to build a four storey office building at Kinta, Perak. The overall contract period, excluding building of lift, will be three months from the commencement date in Feb 2021.
This is the second contract win of the year. Earlier, the group was appointed by Fintec Glove S/B, a wholly-owned subsidiary of Fintec Global (FGB MK, CP: MYR0.075, Not Rated), as the contractor to build a turnkey glove manufacturing factory at Kinta, Perak too. With these two project wins, the group has secured a total of MYR61.6m jobs YTD.
The stronger pipeline is welcomed as it could help the construction division to return to profitability. This was the only unit reported a segmental loss in 9M20 due to a slowdown in activities. Also, outlook for this sector remains uncertain, as the Covid-19 pandemic, which had led to the re-imposition of lockdown measure, will affect economic activities and progress of the projects.
A slight silver lining is that its joint venture property project with Yayasan Veteran ATM to undertake a mixed commercial development project on a piece of leasehold land off Jalan Tun Razak, Kuala Lumpur, is finally expected to commence by 1Q 2021. The project, which has an estimated gross development value of MYR338m, is scheduled for completion by 4Q 2023.
Meanwhile, the operations of its mini hydropower plant in Kelantan will provide a steady income to the group. Its 9M20 contribution, however, was insufficient to bring the group back into profitability. On its river sand extraction business at Sungai Miang, Pahang, the operation is expected to commence soon, targeting to supply a minimum of 2.5m cubic meters of river sand per year. However, its diverse operations, particularly recurring income from renewable energy operations, could help to cushion earnings volatility but execution is key to success.
Tiada yang mustahil, kali Kedua, ketiga dan seterusnya.
Tetap semangat !!!
KUALA LUMPUR (July 13): Pasukhas Group Bhd hit limit up this morning as it rose as much as 30 sen or 103.45% to its 10-month high of 59 sen, after sealing a collaborative agreement with Vsolar Group Bhd to provide engineering, procurement, construction, and commissioning (EPCC) services to the solar farm industry.
At the time of writing, the counter pared gains at 35 sen, still up six sen or 20.69%.
The counter was the most actively traded stock this morning, with 154.45 million shares traded.
Meanwhile, Vsolar was the second most actively traded stock, with 118.02 million shares changing hands.
The counter was unchanged at 1.5 sen at the time of writing, after rising to a high of two sen this morning.
Yesterday, both parties announced in a joint statement, they are kicking off a collaboration for solar farm industry to cater for the swathe of solar projects coming on-stream in the next 24 months.
The collaboration will see both companies combine their resources to create a project management, execution and ongoing management team to cater for any upcoming large scale solar (LSS) project that requires a turnkey operator to come on stream.
According to the statement, the collaboration has already begun negotiations with several infrastructure and renewable energy-based funds to also provide a complete solution package, inclusive of capex funding.
“The collaboration aims to be able to provide all the awardees of the LSS 4 tenders a holistic financing, design, build and operating platform,” they said.
Sungguh indah , mak mau fokus 100% pada Pasukhas. Tahniah
5157 SAUDEE SAUDEE GROUP BERHAD Change in Boardroom Date of Change: 06/12/2021 Type of Change: Resignation Designation: Executive Director Directorate: Exec Name: MAK SIEW WEI Age: 46 Country: Nationality: Malaysia
Shareholding Changes Date of change Shares Director/ Substantial Shareholder 13 Oct 2021 Acquired 30,000,000 JOE HOLDING BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) 13 Oct 2021 Acquired 30,000,000 GP AUTOBAT SDN. BHD. 11 Oct 2021 Acquired 16,000,000 GP AUTOBAT SDN. BHD. 11 Oct 2021 Acquired 16,000,000 JOE HOLDING BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) 08 Oct 2021 Acquired 18,000,000 GP AUTOBAT SDN. BHD. 08 Oct 2021 Acquired 18,000,000 JOE HOLDING BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD)
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
26,432 posts
Posted by Good123 > 2021-12-02 20:29 | Report Abuse
PP, part and parcel of funding biz projects. Cheers!
KUALA LUMPUR: Kobay Technology Bhd is undertaking a private placement of up to 10 per cent of its issued shares to raise up to RM153.14 million, at an illustrative issue price of RM5.00 per share.
In an exchange filing today, Kobay said the gross proceeds are expected to be utilised to set up new aluminium products manufacturing plant (RM60 million), partial repayment of bank borrowings (RM50 million) and working capital for the group's manufacturing division (of up to RM42.7 million).
As of October 29, 2021, Kobay had an issued share capital of RM102.10 million, comprising 306.28 million Kobay shares.