Posted by Good123 > 2022-03-25 13:23 | Report Abuse

Tiada yg mustahil, Sakai, haha

@newguy0801

HAHAHAHAHA, WHAT A JOKE.
Good123:
See whether the 3sen blockage can be removed today. :)

2 hours ago

Posted by Good123 > 2022-03-25 14:13 | Report Abuse

Pasukhas, tiada isu hahaha

Investor Alert List

The Securities Commission Malaysia (SC) has updated the Investor Alert List that contains the list of unauthorised websites, investment products, companies and individuals. Please take note that this list is not exhaustive and only serves as a guide to investors prior to making any investment decisions.

The following person(s)/entity(ies) was/were added to the list as at 23 March 2022: -
1. NordFX

2. ASEAN Invest Telegram Group

3. Spacex Trade

4. Potential clone entity – Al-Faisal Holding / Al Faisal International Sdn. Bhd.




The following person(s)/entity(ies) was/were added to the list as at 21 March 2022: -

1. Tips Aggregator (TA)

2. Potential clone entity – Crypto.com/Cryptoworks Sdn. Bhd.

3. Prima Trading Malaysia

4. Capital Ibra Maslahat Bumiputra Bank Berhad (C-I-M-B)

5. Potential clone entity – Al Rajhi Investment

6. Capital.com

7. Pelaburan XM Malaysia / Saham Komuniti XM



The following person(s)/entity(ies) was/were added to the list as at 16 March 2022: -

1. Al-Fazza Ventures




The following person(s)/entity(ies) was/were added to the list as at 15 March 2022: -

1. Potential clone entity – Exness Malaysia

2. Ex Trader Malaysia

3. Potential clone entity – Interpac.site

4. Potential clone entity – InvestSmart SC (Bijak Melabur) Telegram Group




The following person(s)/entity(ies) was/were added to the list as at 10 March 2022: -

1. Potential clone entity – Dana Eastspring Investment Berhad

2. Potential clone entity – PT Affin Hwang Kapital Asset Management

3. Potential clone entity – PT Maybank Asset Management / PT Maybank Asset Management (Maybank Am) / PT Maybank Management

4. LiteFinance

5. XM Trading Forex

6. Potential clone entity – Pelaburan Amanah Malaysia / Pelaburan Saham Malaysia

7. Newntrader

8. Easy Forex

9. Potential clone entity – Pelaburan Dynaquest Sdn Bhd




The following person(s)/entity(ies) was/were added to the list as at 8 March 2022: -

1. Binary Trade Pro/Binary Trade Malaysia




The list is updated periodically for public’s reference. The list is available at SC’s website
Members of the public are encouraged to alert the SC if you come across any suspicious capital market activities. Queries or complaints can be made to the SC .

Posted by newguy0801 > 2022-03-25 15:52 | Report Abuse

Hnmmm, why today 1+ million shares traded only? I thought Good123 want to clear 0.03???

Posted by newguy0801 > 2022-03-25 15:52 | Report Abuse

Why give people fake hope, Bad123????

Posted by Good123 > 2022-03-25 16:58 | Report Abuse

Sabar ya!

Market Depth
Best Buy
Position

Price

Volume

Orders

1

0.02

31,465,500

134

2

0.015

143,468,000

431

3

0.01

85,901,600

200

Best Sell
Position

Price

Volume

Orders

1

0.025

46,999,100

275

2

0.03

27,670,300

155

3

0.035

7,667,800

49

4

0.04

11,751,500

46

5

0.045

6,929,000

28

Posted by Good123 > 2022-03-25 20:22 | Report Abuse

Foreign buyers can come soon :)

https://www.klsescreener.com/v2/news/view/969361

Posted by Good123 > 2022-03-25 23:02 | Report Abuse

Probably, the construction task would be outsourced to pasukhas, wait n see :)


KUALA LUMPUR: MLABS Systems Bhd has entered into a joint venture agreement (JVA) with Seacera Builders Sdn Bhd for a RM156.46 million estimated gross development value (GDV) project in Pahang.

In a filing with Bursa Malaysia today, the company said the JVA was made via its indirect unit, Ikhlas Al Dain Sdn Bhd.

"The development, on Malay reserve land (MRL) in Kuantan, is to build 137 holiday home villas.

"Ribuan Bakat Sdn Bhd, which is the registered proprietor of all the MRL parcels for the development, has granted Ikhlas the sole and exclusive rights to carry out the construction on the MRL,” said Mlabs.

It said Seacera, as the developer, has agreed to pay RM11.50 million, which is equivalent to the development rights value, via payment in kind through the transfer of any of the holiday home villas or such other buildings (if any) to be constructed under the project.

The group said the proposed JVA could provide an opportunity for Mlabs to unlock the value of the development rights of the MRL.

"Further, the developer is in a better position to carry out the development of the proposed JVA as it has the necessary knowledge, expertise and experience in the business of property development and related business and is able to provide technical, commercial, financial and management expertise,” it said.

The proposed JVA will not have any effect on the issued and paid-up share capital and substantial shareholders’ shareholdings, earnings per share, net assets and gearing of Mlab, for the financial year ending June 30, 2022.

Nevertheless, it is expected to have a positive effect on future earnings and net asset per share arising from the development rights value received from the developer, it added. - Bernama

Posted by Good123 > 2022-03-25 23:07 | Report Abuse

Berjaya Pula buat Di Sabah , pasukhas buat Di melaka :)

KUALA LUMPUR (March 25): Berjaya Corp Bhd’s (BCorp) subsidiary Berjaya Enviro Holdings Sdn Bhd (BEnviro) is teaming up with Qhazanah Sabah Bhd (QSB), the Sabah state government’s strategic investment arm, to develop and modernise waste management facilities in Sabah.

On Friday (March 25), BEnviro signed a Memorandum of Understanding (MoU) with QSB to cooperate on the development and operation of integrated waste management projects utilising modern and advanced technologies.

https://www.melakahariini.my › pas...
Pasukhas tubuhkan konsortium dengan Porto Three Sixty, Perbadanan Ketua ...
10 Sept 2021 — KUALA LUMPUR 10 Sept – Pasukhas Group Bhd telah menandatangani ... projek kerjasama

Posted by Good123 > 2022-03-26 07:15 | Report Abuse

Further boost to pasukhas which involves in green energy sector :)


KUALA LUMPUR (March 25): The role of sustainable energy development, especially Renewable Energy (RE) in the energy transition agenda, contributes to a competent and credible local energy industry, said Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan.

He said the contribution of RE in supporting the country's climate change aspirations was also evident when the rate of electricity generation capacity from RE sources increased from 5% in 2001 to 24% in 2021.

"The energy transition agenda is one of the things that will dominate the narrative of world geopolitical relations as well as business and trade activities between countries," he said.

$$$$$$$$$

Posted by Good123 > 2022-03-26 07:18 | Report Abuse

Pasukhas is going to launch the sale of its luxury condos project in KL anytime as foreigners can fly to KL to view the site and make booking :)


KUALA LUMPUR (March 25): AirAsia is reminding guests to adhere to the standard operating procedures (SOPs) for international travellers entering Malaysia, following the latest announcement of #ReopeningSafely by the Malaysian government.

In a statement on Friday, it said travellers do not have to apply for the MyTravelPass to enter Malaysia after April 1, 2022 but foreign travellers are still required to purchase travel and Covid-19 insurance and must comply with all health protocols currently in place in Malaysia.

It said before departure, travellers are required to download and activate the MySejahtera app and complete the pre-departure form via the “Traveller” icon, submit their vaccination details whereby fully vaccinated travellers will then be issued an electronic “Digital Traveller’s Card” to be presented at the airport upon check-in.

“Travellers aged seven years and above are required to undergo a PCR test two days before departure to Malaysia and upload it on MySejahtera while those aged six years and below are not required to take the pre-departure test.

“Meanwhile, travellers with previous Covid-19 infection between 6 to 60 days before departure are required to undergo a professional RTK-Antigen test two days before departure,” it said.

Upon arrival, it said travellers aged seven years old and above are required to take a professionally administered RTK-Antigen test within 24 hours upon arrival in Malaysia.

Travellers are required to check-in at the point of entry or arrival using the MySejahtera app and those who are fully vaccinated and tested negative are not required for subsequent tests and quarantine after arrival in Malaysia, it noted.

For travellers departing Malaysia, AirAsia said they must check on any latest travel restrictions or special requirements of the destination country, including health documents such as a Covid-19 negative test certificate and proof of full vaccination status.

“Travellers are encouraged to self check-in on the AirAsia Super App to minimise physical contact and crowding at the airport and can easily do this via the AirAsia Super App as early as 14 days before your departure date.

“From April 1, 2022, AirAsia will be limiting its counter check-in service only for exempted groups of guests at all airports in Malaysia,” it said.

It added travellers are also encouraged to arrive early at the airport to allow enough time for all the necessary processes to take place and are required to wear a face mask before, during and after the flight.

Posted by Good123 > 2022-03-26 07:34 | Report Abuse

Pasukhas would do the same when another material good news comes :)


KUALA LUMPUR: Trading in the shares of Lim Seong Hai Capital Bhd will be halted from 9am on Monday, March 28, pending the release of a material announcement.

“The request for suspension is made under paragraph 8.03 and Appendix 8A on Request for Suspension of the LEAP Market Listing Requirements pending the release of a very material announcement,” it said in a filing with Bursa Malaysia.

The construction-related products and service provider said Bursa Malaysia Securities had approved its equest for trading suspension.

Posted by Good123 > 2022-03-26 07:46 | Report Abuse

Pasukhas' JV project with veteran yayasan ATM in KL has higher GDV at least 2 to 3 times bigger than the following JV. According to the filing, Yayasan has an estimated gross development value of RM338 million.

Pasukhas said the project is targeted to be completed by the fourth quarter of 2023.

The group said it obtained the development order (DO) for the project in December 2020. PDSB is in the midst of preparing a building plan to be submitted to City Hall, it said.



$$$$$$$¥¥¥¥¥$$€€€€€€€€$$$
But, the construction work could be outsourced to pasukhas , sabar ya!




KUALA LUMPUR (March 25): Tile manufacturer cum property developer Seacera Group Bhd is partnering Ikhlas Al Dain Sdn Bhd, the indirect wholly owned unit of Mlabs Systems Bhd, to develop holiday villas in Kemaman, Terengganu that will have an estimated gross development value (GDV) of RM156.46 million.

In a bourse filing, Seacera said it on Friday (March 25) entered into a joint venture (JV) agreement with Ikhlas via its wholly-owned subsidiary, Seacera Builders Sdn Bhd (SBSB). Ikhlas was in August last year granted sole, exclusive rights by Ribuan Bakat Sdn Bhd to develop several plots of freehold Malay Reserve Land totalling 30.17 acres that Ribuan Bakat owns.

Under the JV agreement, SBSB will pay RM11.5 million to Ikhlas in the form of units developed on the plots to secure the plots' development rights.

Posted by Good123 > 2022-03-26 08:11 | Report Abuse

Jika pasukhas balik 13sen, nta 26sen ,nilai p/b juga hanya 0.5, murah juga :) kayalah nanti jika mereka dapat bertahan :)

Posted by Good123 > 2022-03-26 10:31 | Report Abuse

Be Patient! Many projects are getting more n more intense, new projects otw and launching of a luxury condo in KL with veteran yayasan ATM, etc. Indications Leading to An Explosive FY22

Posted by Good123 > 2022-03-26 11:21 | Report Abuse

Now, 2022, boleh aktifkan balik :)

The Group had diversified into coal trading business in year 2018 and had initially secured
few contracts from Taiwan, Singapore and Vietnam buyers throughout the financial year.
However, the Group found that those deals were not promising to conclude and thus, resulted
the Group having excessive coal stocks in Indonesia for disposal. The Group did not close
any deals in year 2019 due to low coal price.
The Group managed to secure a China buyer for coal shipments by batches in early this year
but the coals were not shipped to China due to the outbreak of COVID-19 and lockdown in
China. The China buyer had requested to postpone the shipment until further notice as those
vessels which on-boarded to China were required to quarantine for fourteen (14) days in both
local and global boundaries before it could reach to China. The Group looked forward to
receiving an official notification letter from the China buyer to confirm on the expected coals
shipment.
In replying to the shareholder’s enquiry on the gross margin for coal trading, Mr Wan replied
that the gross margin for coal trading was not high, approximately 3% to 4% only, it would
highly depend on the volume of coals. He further explained that although the gross margin for
coal trading was low, but the payment for coal trading would be secured when the coals were
sold in big bulks and by batches, which could provide cashflow to the Group

Posted by Good123 > 2022-03-26 11:23 | Report Abuse

Kayalah... sabar ya!

Property Development
For Property Development segment, the Group would collaborate with Yayasan Veteran ATM
for a Joint Venture Project to undertake the development of a piece of State leasehold land by
constructing and completing a commercial development comprising of car parking bays,
offices and serviced apartments in the area of Jalan Tun Razak. The Group had received a
letter from Dewan Bandaraya Kuala Lumpur (“DBKL”) requesting for an additional
development charges amounting to RM5.7 million to be paid within three (3) months in order
to obtain the Development Order (“DO”) from DBKL to kick start the construction work. The
Group would look for some potential investors and/or partners to embark on the said project.
The shareholder enquired on the estimated value of the said properties upon completion and
Mr Wan replied that the value of entire properties would be approximately RM380 million,
based on the pre-set targeted price of RM1,200 to RM1,300 per square feet and would target
for buyers from Hong Kong and China.

Posted by Good123 > 2022-03-26 11:24 | Report Abuse

Renewable Energy
For Renewable Energy, the Group owned a hydro energy power plant in Kelantan which had
contributed a stable income stream for the Group by generating a long-term revenue and profit
of approximately RM3.5 million to RM4.0 million per year in supplying of energy to Tenaga
Nasional Berhad.
The Group was also exploring the potential opportunities in waste management energy project
in order to generate an additional income to the Group.
ASEAN Green SRI Sukuk
The Group had on 13 December 2018 announced that Pasukhas Green Assets Sdn. Bhd.
(“PGA”), a wholly-owned subsidiary of Pasukhas Energy Sdn. Bhd. (“PESB”), proposed to
establish an Islamic Medium-Term Note (“ASEAN Green SRI Sukuk”) programme of RM200.0
million in nominal value under the Shariah principle of Wakalah Bi Al-Istithmar together with
Murabahah (via Tawarruq arrangement) (“ASEAN Green SRI Sukuk Programme”) and the
said programme should have a tenure of twenty (20) years from its first issue date.
PGA had on 28 February 2019 issued the first tranche of the ASEAN Green SRI Sukuk
amounting to RM17 million for the purpose of investing in the 3.2 MW mini hydropower plant
located in Sungai Rek, Kelantan.

Posted by Good123 > 2022-03-26 11:28 | Report Abuse

amboi. more to come in 2022, this year!
The shareholder enquired on the other income amounting to RM7,326,629 as stated in the
AFS 2019 and Mr Wan answered that it was one-off income, arose from the disposal of a
freehold land situated in Pahang which was acquired from MTM Millennium Holdings Sdn.
Bhd. (In-Liquidation) in year 2018. Mr Wan also added that the Group was in the midst of
dealing with the new land owner for the construction of the hotel building.

Posted by Good123 > 2022-03-26 11:32 | Report Abuse

Energy Division
pasukhas-business

In 2017, in view of the Malaysia Governments push for development of renewable energy as the “fifth national fuel” with the implementation of the Fit System, we diversify into power and energy sector. We currently owns and operates a mini hydro plant at Sungai Rek, Kuala Krai Kelantan with a declared annual ability of 28 megawatts and installed capacity of 3.2 megawatts. We intend to continuously lookout to further expand on its power and energy related business in the near future.

In 2018, the Group establish an Islamic Medium term note (“ASEAN Green SRI Sukuk”) programme for the issuance of ASEAN Green SRI Sukuk of up to RM200 million in nominal value, from time to time, under the Shariah principle of Wakalah Bi Al-Istithmar with Murabahah (via Tawarruq arrangement) (“ASEAN Green SRI Sukuk Programme”).

Posted by Good123 > 2022-03-27 10:02 | Report Abuse

KUALA LUMPUR (March 26): The government, through the Domestic Trade and Consumer Affairs Ministry (KPDNHEP), wants to nurture a new generation of smart consumers and ethical traders, Prime Minister Datuk Seri Ismail Sabri Yaakob said.

Posted by ken2004 > 2022-03-27 18:45 | Report Abuse

Funny, said till all the old news, old projects but all the old qtrs with all the red, all the losses which mean all the so called projects cannot cover the yearly losses at all, this is the issue.......

Posted by ken2004 > 2022-03-27 18:46 | Report Abuse

No point if you have tons of project but massive losses which basically means you work for nothing......

Posted by Good123 > 2022-03-27 22:18 | Report Abuse

Pasukhas is ready


KUALA LUMPUR (March 27): Qatari companies have been urged to take advantage of the Regional Comprehensive Economic Partnership (RCEP) by partnering with Malaysian companies and subsequently being part of the new regional economic landscape.

Senior Minister cum Minister of International Trade and Industry (MITI) Datuk Seri Mohamed Azmin Ali said the RCEP paves the way for businesses in the region to integrate into the world’s largest free trade agreement.

He tweeted that during his meeting with Qatar’s Minister of Commerce and Industry, Sheikh Mohammed Bin Hamad Bin Qassim Al-Thani, he had informed his counterpart that the RCEP has come into force for Malaysia.

The RCEP covers 15 countries with a combined population of 2.3 billion people or 30% of the world’s population, accounting for about 30% of the global gross domestic product (GDP).

Aside from tariff reductions, the RCEP also addresses trade liberalisation, boosts trade facilitation and enhances the business environment.

During the meeting, both parties also acknowledged the importance of the Malaysia-Qatar Joint Trade Committee (JTC) in identifying potential new areas of bilateral cooperation.

“To give our bilateral trade a new impetus, I proposed that Malaysia and Qatar set a trade target of US$1 billion (US$1 = RM4.21) by 2025.

“I believe that this target is attainable as our bilateral trade increased by 24.4% last year, and Malaysia's exports to Qatar increased by 31.9% in 2021 compared to 2020, despite the unprecedented economic challenges caused by the Covid-19 pandemic,” said Mohamed Azmin.

He added that both governments have agreed to hold the third JTC Meeting in order to chart the future path of economic growth of both countries, focusing on the strategic and high impact sectors.

“Malaysia and Qatar will also continue to work on the Investment Guarantee Agreement to encourage more cross-border investments between the two countries, as we strive for a strong and sustainable economic recovery,” he said.

The senior minister was one of the members of Prime Minister Datuk Seri Ismail Sabri Yaakob’s delegation during the prime minister’s official visit to Qatar.

Qatar is an important trading partner for Malaysia with a trade volume of close to US$0.8 billion in 2019, although this had declined to US$ 0.5 billion and US$0.63 billion in 2020 and 2021 respectively due to the Covid-19 pandemic.

Qatar’s Agrico to invest in Malaysia’s Agri industry and palm-based manufacturing
In another tweet, Mohamed Azmin said Qatar’s Agrico Agriculture Development W.L.L. (Agrico) is interested in expanding its project to produce high-quality organic products in Malaysia and is in the process of acquiring a 40.5-hectare plot of land in Cameron Highlands.

The project entails a US$200 million investment in Malaysia over a three-year period.

Agrico owns and operates a hydroponic organic farm, located 58 kilometres from Doha.

The farm’s annual output averages at 3,000 tonnes, of which more than 90% are supplied to the local market.

The company also plans to invest another US$160 million to venture into oil palm-based manufacturing in Malaysia, including the production of cooking oil, as well as composting palm tree waste as a high-quality substrate for the hydroponic system.

Posted by Good123 > 2022-03-27 22:19 | Report Abuse

Boom time


JAKARTA (March 27): Malaysia is on the right track to achieve its gross domestic product (GDP) growth projection for this year with the reopening of its international borders starting next week.

The move will have a very positive impact on the economy, especially the services sector, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.

“All citizens and the business community alike, including small and medium industry operators have been eagerly waiting for the borders to reopen.

“Consequently, we are more confident of achieving the GDP growth forecast of around 5.5%-6.5%," he said to reporters during his visit to the Malaysia Healthcare Expo 2022 here on Sunday (March 27), organised by the Malaysia Healthcare Travel Council (MHTC).

According to Mustapa, Johor is set to be one of the main beneficiaries from the border reopening as cross-border activities between Malaysia and Singapore recommence.

Earlier this month, Prime Minister Datuk Seri Ismail Sabri Yaakob announced that the country will begin its transition into the endemic phase and that the international borders will reopen starting April 1.

Meanwhile, Mustapa, who is also the co-chairman of MHTC, said he expects the arrival of Indonesian medical tourists into Malaysia to return to the pre-pandemic level by 2025.

In 2019, more than 675,000 Indonesian citizens had sought medical treatments in Malaysia, but the number had dropped to a mere 635 between 2020 and 2021.

Mustapa said he hopes that the arrival of medical tourists would gradually increase following the reopening of the border, thus giving the country’s health tourism industry a much-needed boost.

“Malaysia promises safe and secure healthcare for Indonesia's medical tourists," he said.

During the four-day Malaysia Healthcare Expo which ends Sunday, four state tourism representatives and 10 MHTC member hospitals had showcased the best healthcare offerings in Malaysia, including in the fields of fertility, cardiology, oncology and Hepatitis C.

Posted by Good123 > 2022-03-27 22:23 | Report Abuse

Insider trading has received increased regulatory scrutiny in the Malaysian market over the past decade, posing several important questions for those who are privy to confidential information.

Some of the most common issues facing directors of public-listed companies (PLCs) are determining:

(i) What are the specific rules that govern their share trading?

(ii) When can directors buy or sell the shares of companies on whose boards they sit?

(iii) Can a director be in breach of insider trading laws even if they individually do not trade but instead share confidential information with others?

(iv) Are directors the only ones at risk of being in breach of insider trading prohibitions?

These are issues that often face those who deal with inside information, particularly directors and company advisers such as lawyers and investment bankers.

What is insider trading?
Essentially, insider trading means to buy or sell securities while a person is in possession of material non-public information. The key question therefore is what makes a person an “insider” under the law.

The law prohibiting insider trading in Malaysia is set out in the Capital Markets and Services Act 2007 (CMSA), which regulates the activities, markets and intermediaries in the capital market. Sections 183-198 set out the specific parameters of what is regarded as insider trading and the applicable defences under the law. This framework, which was designed to achieve fairness and confidence in the securities market, was described in the following terms by Justice Azizul Azmi Adnan in the recent case of Suruhanjaya Sekuriti Malaysia v Sreesanthan Eliathamby [2021] 7 CLJ 913:

“The underlying principle was that insider trading undermines the belief in the fairness of, and the confidence in, the securities market. The long-term viability of a securities market is thought to depend on the confidence that participants have in its integrity and their ability to participate in it on level terms.”

The first point to note is that regardless of whether a person holds a position in a company, such as a director or employee, or whether a person is an outsider to the company, the law applies in a similar fashion — the crucial premise being whether a person is in possession of inside information and knows that the information is not generally available. This shift in approach took place when the insider trading laws were revamped in 1998.

Posted by Good123 > 2022-03-27 22:23 | Report Abuse

The position now is set out in section 188(1) of the CMSA, which states that:

“a person is an insider if that person:

(a) Possesses information that is not generally available which on becoming generally available a reasonable person would expect it to have a material effect on the price or the value of securities; and

(b) Knows or ought reasonably to know that the information is not generally available.”

The cases decided by the Malaysian courts demonstrate this principle. In the case of Suruhanjaya Sekuriti Malaysia v Chan Soon Huat [2018] 9 MLJ 782, a former director of a construction company was held to be in breach of the insider trading prohibitions based on the civil standard of proof, with circumstantial evidence being accepted by the court that the defendant had inside information at the time of the trades. The information in that case related to the cancellation of a contract worth RM4.6 billion for the construction of a racecourse in Dubai, where a Malaysian public-listed company was involved in a joint venture.

In the case of Suruhanjaya Sekuriti v Sreesanthan Eliathamby [2021] 7 CLJ 913, (currently on appeal in the Court of Appeal), a corporate lawyer, who at the material time was involved in advising on the legal aspects of a proposed privatisation, was held to be an insider for the purposes of the insider trading prohibition in section 89E(1) of the Securities Industry Act 1983 (now contained in section 188(1) of the CMSA). The High Court decided that while insider trading is not a strict liability offence, what is necessary to establish mens rea (intent or mental state) under the law is to prove that an accused or defendant knew or ought reasonably to know that the information in his possession was not generally available.

Why then does this prohibition present so many difficulties? Oftentimes, the challenge revolves around determining when information is considered material.

Posted by Good123 > 2022-03-27 22:25 | Report Abuse

DOHA (March 27): Bilateral relations and economic cooperation between Malaysia and Qatar are expected to be further strengthened with the three-day official visit of Prime Minister Datuk Seri Ismail Sabri Yaakob to Qatar from March 27 to 29.

According to the Malaysian Ambassador to Qatar, Zamshari Shaharan, several mechanisms are in place to achieve the two objectives, with the first being the establishment of the Malaysian Embassy in Doha in 2004, followed by the establishment of the Malaysia-Qatar Joint Trade Committee in 2018 and the Malaysia-Qatar High-Level Joint Committee in 2019.

“The latest mechanism will be the meeting and discussion at the highest level between the Prime Minister Datuk Seri Ismail Sabri and the Amir of Qatar Sheikh Tamim Bin Hamad Al Thani on March 29,” he told Malaysian media at his office here on Sunday (March 27).

Zamshari said that during the meeting, the Prime Minister is expected to convey Malaysia's commitment, as well as listen and get feedback from Qatar to take the bilateral relations between the two countries to a greater height.

“This visit is also important because there is a lot to explore in Malaysia-Qatar relations, especially in the post-pandemic recovery efforts.

“Malaysia and Qatar each have strategies to control the spread of Covid-19. Although the number of cases is still high, vaccination programmes and the administration of booster doses dosing have allowed the pandemic to be curbed.

“In this case, Qatar may have been able to control the pandemic earlier because of its very aggressive vaccination programme,” he said.

The organisation of the 20th edition of the Doha Forum on March 26 and 27 and the 72nd FIFA Congress on March 31 are a testament to Qatar's readiness and success in curbing the spread of Covid-19.

According to Zamshari, Malaysia needs to capitalize on its relationship with Qatar as the country has recorded economic growth of between 4% and 5% with the highest per capita income in the world, as well as rapid development in construction in preparation for hosting the World Cup football championship in November.

“Qatar has a strong economic force for us to also benefit from, in terms of investment opportunities, such as in the field of construction.

“For the World Cup alone, there already a Malaysian company that has had the opportunity to renovate one of the stadiums. So, there may be other Malaysian companies that can try to explore other fields,” he said.

Zamshari said Qatar is an important trading partner for Malaysia with trade volume between the two countries reaching US$ 0.8 billion in 2019, but declining to US$ 0.5 billion and US$ 0.63 billion in 2020 and 2021 respectively due to Covid-19.

“Hopefully, with the Prime Minister's visit, the value of trade between the two countries will return to US$ 0.8 billion or more,” he said.

During his visit to Qatar, the Prime Minister will also hold an engagement session with the Malaysian business community and families in Doha.

The Malaysian delegation will also include Foreign Minister Datuk Seri Saifuddin Abdullah, Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali, Rural Development Minister Datuk Seri Mahdzir Khalid, Deputy Works Minister Datuk Arthur Joseph Kurup and Felda chairman Datuk Seri Idris Jusoh.

Posted by Good123 > 2022-03-27 23:36 | Report Abuse

KUALA LUMPUR: The government will pay serious attention to ensure that the small and medium industries (SME) will continue to develop not only in Malaysia but also in regional markets, Prime Minister Datuk Seri Ismail Sabri Yaakob said.

According to him, SMEs are very important to the country’s development because it provides more than eight million job opportunities to Malaysians.

In the 12th Malaysia Plan (12MP), Ismail Sabri said the government intends to ensure that SMEs will contribute a targeted 45% of the Gross Domestic Product (GDP) by 2025.

“This target is realistic as SMEs contributed 39% of Malaysia’s GDP in 2019, before it was affected by the Covid-19 pandemic two years ago and the recent floods at the end of last year.

“The government has taken various measures to ensure SMEs, including micro- and informal entrepreneurs can continue their business,” he said when officiating the 2022 National Entrepreneurs Day at World Trade Centre Kuala Lumpur on Saturday (March 26) night.

The prime minister said the government is working to ensure the entrepreneurs can develop their businesses, including under the Semarak Niaga programme, with billions of ringgit in funds to help them obtain funding to expand.

In addition, the Tekun Nasional Micro Sector Business Recovery Financing Scheme offers interest free loans of up to RM10,000 and priority will be given to traders in the informal sector, with funds for this programme totalling RM200 million.

“Agrobank also offers interest-free loans of up to RM75,000 with a six-month moratorium facility.

“Meanwhile, SME Bank offers loans of up to RM10 million under the IBS Promotion Fund 2.0 scheme and RM1 million under the Youth Entrepreneur Financing Programme 2.0. Collectively, the fund size for both schemes total RM300 million,” he said.

Ismail Sabri said the Entrepreneur Development and Cooperatives Ministry, which works closely with entrepreneurs, plays an important role in ensuring all government initiatives will help those in need.

The prime minister also expressed hope that entrepreneurs would master new technology, especially digitisation to ensure they are not left behind, as digitisation can help rural products to reach a wider market.

To achieve that, he said strategic partnerships between entrepreneurs and government agencies need to be strengthened, so that every initiative implemented could be translated into action well.

In addition, Ismail Sabri was confident that entrepreneurs under the auspices of Dewan Perniagaan Usahawan Kecil Malaysia (DPUKM) would strive and remain committed to the continued progress of their business.

This is because entrepreneurs play a big role to ensure that the country continues to prosper with a rapidly developing economy, he added.

Entrepreneur Development and Cooperatives Minister Tan Sri Noh Omar and National Entrepreneurs Day chairman Datuk Seri Abu Hasan Mohd Nor were also present at the event.

The National Entrepreneurs Day 2022 is organised by DPUKM and is taking place between March 24 to 28.

Posted by Good123 > 2022-03-27 23:38 | Report Abuse

KUALA LUMPUR (March 26): The government, through the Domestic Trade and Consumer Affairs Ministry (KPDNHEP), wants to nurture a new generation of smart consumers and ethical traders, Prime Minister Datuk Seri Ismail Sabri Yaakob said.

He said in this regard, various consumerism programmes will be formulated by KPDNHEP to empower consumers, particularly in the aspects of financial literacy, purchasing decisions and compensation.

“I hope all parties can appreciate and practise your rights as consumers in conducting your daily transactions,” he said when officiating at the National Consumer Day Celebration (HPK) 2022 here on Saturday (March 26).

Also present was Minister of Domestic Trade and Consumer Affairs Datuk Seri Alexander Nanta Linggi.

Ismail Sabri also advised consumers not to be easily hoodwinked by tricks and scams used by unethical traders.

He said from the total number of complaints received by the ministry as of the end of last month, 36.45% or 24,150 complaints were related to online transactions.

The prime minister said this was following the implementation of the Movement Control Order (MCO) in March 2020 during which more online purchases and transactions were done.

“This indicates that a large number of consumers are aware and understand their rights by channelling their complaints when there is misconduct by traders,” he said.

In view of this, Ismail Sabri said to empower the digital consumer, the government has developed the ezAdu smartphone application as another consumer complaint platform, in turn further strengthening consumer protection initiatives.

He said the application, which was developed in 2015, had undergone improvements last year to ensure complainants can immediately channel issues through their smartphones.

Meanwhile, Ismail Sabri advised consumers to check all necessary details before making online purchases to prevent them from being cheated.

He also advised consumers to obtain information from KPDNHEP officers prior to going ahead with their purchases if they are hesitant or unsure.

“Ensure each transaction comes with proof and documentation such as receipts, invoices or agreements to facilitate investigation and further action.

“Get information on the functions and roles of the ministry and operations implemented through its official website, Facebook, Twitter and pamphlets as a guide,” he added.

Posted by Good123 > 2022-03-27 23:40 | Report Abuse

KUALA LUMPUR (March 25): The role of sustainable energy development, especially Renewable Energy (RE) in the energy transition agenda, contributes to a competent and credible local energy industry, said Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan.

He said the contribution of RE in supporting the country's climate change aspirations was also evident when the rate of electricity generation capacity from RE sources increased from 5% in 2001 to 24% in 2021.

"The energy transition agenda is one of the things that will dominate the narrative of world geopolitical relations as well as business and trade activities between countries," he said at the National Energy Awards (NEA) and ASEAN Energy Awards (AEA) Appreciation Ceremony here on Friday night.

A total of 25 local industry players won the NEA and represented Malaysia at the AEA 2021, with 12 of them winning at the ASEAN level.

Takiyuddin also called on local sustainable energy industry players to continue their efforts to support the country's energy transition agenda towards carbon neutrality.

"I have high hopes that the NEA and AEA winners will share their experiences and best practices in the field of renewable energy and energy efficiency," he said.

Posted by Good123 > 2022-03-27 23:41 | Report Abuse

A total of 33% of respondents, in a survey, say attracting capital is the strongest reason for incorporating environmental, social and governance (ESG) among investment firms followed by competition and peer pressure (26%).

Public perception (33%) and regulatory requirements (22%) are also the top two reasons for companies to embrace sustainability. Only 14% of the respondents have cited genuine sustainability concern as a top reason for companies complying with sustainability.

These are the findings of HSBC’s first ESG sentiment survey which attracted 588 professionals working in financial services roles related to ESG decision-making globally.

They represent 528 institutions with assets under management of US$12.6 trillion (RM53.2 trillion).

Only 35% of the respondents believe that a majority of investment professionals in their firms have a solid understanding of ESG issues.

Pension fund respondents have the highest general understanding compared with other investor types.

While there is still room for improving ESG knowledge and understanding globally, the report says there is greenwashing among investors and funds.

More than three-quarters of the respondents don’t think that sustainability reports are transparent.

Respondents with operations in north America had the least faith in the accuracy of such reports.

Posted by Good123 > 2022-03-28 07:34 | Report Abuse

During times of extreme volatility, it is imperative to filter out market noise and focus on assessing the long-term fundamental prospects, balance sheet strengths and valuations of the investee companies,” says Yeoh.

Posted by Good123 > 2022-03-28 07:37 | Report Abuse

Political sentiment will always be the central theme for our local market. Without its political aspect, the Malaysian stock market is like curry chicken without curry. ” > Nazri

Posted by Good123 > 2022-03-28 08:24 | Report Abuse

Good123

Market Cap~RM43 Million based on 2.5sen per share
Paid up capital ~RM216mil++
NOSH~1,716 Million shares
Net asset per share ~ 26sen@31/12/2021

*Forecast:
Market cap~RM170mil based on 10sen per share*
P/B value ~ 0.38 (10sen/26sen)
#The share price can go higher than 10sen, i am on the prudent/conservative side.

Assumptions: the directors didn't collude with internal auditors & purchasing head to manipulate purchases and invoices with related parties. CFO didn't steal money in conjunction with the directors

Disclaimer - do your own study

Good luck, guys!

Posted by Good123 > 2022-03-28 08:53 | Report Abuse

Upon launching the luxury condo in KL, further boost, most of the units should be bought by close associates in Malaysia or overseas :)

Posted by newguy0801 > 2022-03-28 09:09 | Report Abuse

10900 units sold @0.025, ini stock beli mesti kaya? Did I practice the art of promotion right, Good123?

Posted by Good123 > 2022-03-28 09:15 | Report Abuse

Disclaimer - do your own study

My professor taught me, only 2 things are certain in life, death & taxation!!!

Good luck, guys!

@newguy0801

10900 units sold @0.025, ini stock beli mesti kaya? Did I practice the art of promotion right, Good123?

4 minutes ago

Posted by Good123 > 2022-03-28 09:17 | Report Abuse

Be greedy when others are fearful :)

Warren Buffett!!!

Posted by Good123 > 2022-03-28 10:02 | Report Abuse

KUALA LUMPUR: Foreign investors and local retailers turned net buyers in the local equity market for the week ended March 25 with a total inflow of RM565.6 million, MIDF Research said.

Net inflows from foreign investors amounted to RM525.8 million.

"International funds have been net buyers on Bursa for 10 out of the first 12 weeks of 2022, with a net inflow of RM6.12 billion year-to-date," MIDF Research said in its weekly fund flow report today.

The firm said foreign investors turned net sellers with RM8.6 million on Monday when the market reopened last week, ending its 30-day streak of net buying, but turned net buyers again for the rest of the week.

The largest net inflows from foreign investors were on Thursday (RM176.5 million), Tuesday (RM134.3 million) and Friday (RM114.5 million), it said.

MIDF Research said local institutions, which had been strong net sellers, ended its 31-day net selling streak on Monday with a net buy of RM58.3 million before turning net sellers again from Tuesday to Friday.

The firm said the largest net outflow was on Tuesday (RM225.2 million), Thursday (RM191.7 million), followed by Wednesday (RM105 million).

"Overall, local institutions were net sellers at US$565.5 million," it added.

On the local retailer movements, MIDF Research said the movements were rather mixed last week with three days of net selling and two days of net buying, culminating with a net buying position for the week at RM39.9 million.

They were net sellers on Monday (RM49.8 million), Wednesday (RM4 million) and Friday (RM12.4 million) and net buyers on Tuesday (RM90.94 million) and Thursday (RM15.21 million).

"Year-to-date, local institutions are net sellers to the tune of RM6.61 billion while local retailers have been net buyers at RM492.8 million. In terms of participation, only local institutions saw an increase in average daily trade value by 5.74 per cent.

"Foreign investors and local institutions recorded declines of 61.77 per cent and 8.87 per cent respectively," it added.

Posted by Good123 > 2022-03-28 10:21 | Report Abuse

KUALA LUMPUR: Foreign funds continued buying Malaysian equities last week at a slower pace of RM525.75mil, from RM1.18bil the prior week, according to MIDF.

The research house said international funds have been net buyers on Bursa Malaysia for 10 out of the first 12 weeks of 2022, with a net inflow of RM6.12bil year-to-date.

“Foreign investors turned net sellers at RM8.6mil on Monday when the market reopened last week, ending its 30-day streak of net buying, but turned net buyers again for the rest of the week.

“The largest net inflows from foreign investors were on Thursday (RM176.5mil), Tuesday (RM134.3mil) and Friday (RM114.5mil),” MIDF said in its weekly fund flow report.

Local institutions, who have been strong net sellers, ended its 31-day net selling streak on Monday with a net buy of RM58.3mil before turning net sellers again from Tuesday to Friday.

MIDF said the largest net outflow was recorded on Tuesday (RM225.2mil), Thursday (RM191.7mil), followed by Wednesday (RM105mil).

“Overall, local institutions were net sellers at US$565.5mil,” it added.

The research house noted that local retailer movements were rather mixed last week with three days of net selling and two days of net buying, culminating with a net buying position for the week at RM39.9mil.

Retailers were net sellers on Monday (RM49.8mil), Wednesday (RM4mil) and Friday (RM12.4mil) and net buyers on Tuesday (RM90.94mil) and Thursday (RM15.21mil).

“Year-to-date, local institutions are net sellers to the tune of RM6.61bil while local retailers have been net buyers at RM492.8mil,” MIDF said.

In terms of participation, only local institutions saw an increase in average daily trade value (ADTV) by 5.74%.

Foreign investors and local institutions recorded declines of 61.77% and 8.87% respectively.

Posted by lamqwe > 2022-03-28 10:43 | Report Abuse

HAHA THE PRICE LIKE THE FCK

Posted by ken2004 > 2022-03-28 13:27 | Report Abuse

Seriously, so many ESOS - 60,500,000 shares at 0.018 like each month, then daily sales like 2,000,000 shares, plenty of supply to sell above 0.02......

Posted by whistlebower99 > 2022-03-28 15:13 |

Post removed.Why?

Posted by ken2004 > 2022-03-28 15:46 | Report Abuse

Wow, No. of shares issued under this corporate proposal 71,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0182, another batch of supply coming in for more 0.02 above sales, pity those bought above 0.03, really don't know whether got that moment to rebound or not.......with over 100 million++ unit each month coming out below 0.02..........

Posted by Good123 > 2022-03-28 16:00 | Report Abuse

Mujurlah, bukan pasukhas


KUALA LUMPUR: The Securities Commission Malaysia (SC) has placed 40 operators comprising entities and related individuals on its Investor Alert List for carrying out the business of investment advice without a licence.

Twenty-three 23 operators were directed to cease and desist from undertaking all activities in relation to unlicensed investment advice, the commission said in its Annual Report 2021 released today.

In 2021, it also made 275 new entries in the SC Investor Alert List compared to 134 entries in 2020, warning the public against dealing or investing in unlicensed activities and scams.

These were followed by media announcements and postings on SC’s InvestSmart® social media channels to ensure a wider reach to the public.

In addition, the SC, with assistance from the Malaysian Communications and Multimedia Commission (MCMC), has blocked 143 websites found to be carrying out unlicensed activities, scams, and misusing the SC’s name and logo.

Further, the capital market regulator also received assistance from Facebook Malaysia to geo-block 35 Facebook accounts.

The Ministry of Finance (MoF), Bank Negara Malaysia, and the SC achieved a new milestone in July 2021 with the formation of a Consumer Credit Oversight Board (CCOB) Task Force, which is responsible for driving inter-Ministry efforts to enact the Consumer Credit Act (CCA).

The CCOB, as a new independent conduct authority under the MoF, will have oversight of all consumer credit activities, starting with providers who are currently unregulated.

Concurrently, BNM and the SC are also conducting a feasibility study on the potential consolidation of conduct supervision for all intermediaries in the financial industry under a new integrated conduct authority. - Bernama

Posted by Good123 > 2022-03-28 17:31 | Report Abuse

Ada esos Hari ni, pengarah2/pekerjanya tahu nilai syernya sungguh berbaloi undervalued, mahu berterusan lagipun SC/bursa bisu haha

Posted by ken2004 > 2022-03-28 17:50 | Report Abuse

Sure lol, free money, who don't want, cheaper than market price...........

Posted by newguy0801 > 2022-03-28 18:00 | Report Abuse

Wow, ada ESOS = kekayaan. Terima kasih Good123 recommend stock ini!!

Posted by Good123 > 2022-03-28 19:51 | Report Abuse

KUALA LUMPUR (March 28): Bursa Malaysia Bhd has launched the Bursa Research Incentive Scheme (Bursa RISE) to improve the trading velocity and corporate profile of participating public-listed companies (PLCs) through research coverage and marketing activities.

Carried out by licensed research houses, the programme aims to create a better appreciation of the PLCs’ fundamentals, leading to better value recognition for the companies.

In a statement on Monday (March 28), Bursa Malaysia CEO, Datuk Muhamad Umar Swift said the Bursa RISE initiative is in line with the evolving capital market landscape where investors seek greater stakeholder engagement and more transparent communication.

“With the increasing emphasis on sustainable practices, I believed Bursa RISE will help participating PLCs to raise the bar in corporate governance, transparency and disclosure through more frequent and meaningful stakeholder engagements,” he said.

The programme also includes the Investor Relations (IR) and Public Relations (PR) Incentive Programme, which provides IR and PR support to participating PLCs to enable better and more effective engagement with their stakeholders, shareholders, the investment community, the media and the public.

Bursa Malaysia said Bursa RISE complements and supports the PLC Transformation programme which aims to encourage PLCs to be more transparent in their performance, allowing investors to gain better insight to facilitate informed investment decision-making.

Furthermore, it said that a study of past programmes showed that trading velocity for participating PLCs had improved as a result of increased research and profiling.

“With greater engagement and marketing efforts, we expect investors to pay more attention to the participating PLCs.

“All these programmes we have put in place are expected to improve corporate accessibility for participating PLCs, while generating positive outcomes for PLCs and greater opportunities for investors and stakeholders,” added Muhamad Umar.

According to Bursa Malaysia, 60 participating PLCs were selected based on a set of quantitative and qualitative criteria.

The research reports produced under Bursa RISE will be available at https://www.bursamarketplace.com

Posted by Good123 > 2022-03-28 20:57 | Report Abuse

Majlis pecah tanah projek usahasama Yayasan Veteran ATM dan Pasukhas Development Sdn Bhd untuk membina bangunan pembangunan bercampur.

Yayasan Veteran ATM dijangka mendapat ruang pejabat serta dewan dan dijangka menyumbang pendapatan lebih kurang 3 juta setahun kepada Yayasan Veteran.