Posted by Good123 > 2022-05-10 07:22 | Report Abuse

HIGHLIGHTS
- Pasukhas Group currently has a Risk Rating of 1, which is
significantly below the FTSE BURSA MALAYSIA COMPOSITE
index average rating of 8.6.
- On days when the market is up, PASUKGB tends to outperform
the FTSE BURSA MALAYSIA COMPOSITE index. On days
when the market is down, the stock generally performs in-line
with the index.
- In the short term, PASUKGB has shown low correlation (>= -
0.1 and < 0.2) with the FTSE BURSA MALAYSIA COMPOSITE
index. The stock has, however, shown average correlation (>=
0.2 and < 0.4) with the market in the long term.
- Over the last 90 days, PASUKGB shares have been more
volatile than the overall market. The stock's daily price
fluctuations have exceeded that of all FTSE BURSA
MALAYSIA COMPOSITE index firms.

Posted by Good123 > 2022-05-10 07:23 | Report Abuse

RELATIVE VALUATION
POSITIVE OUTLOOK: Multiples significantly
below the market or the stock's historic norms.

Posted by Good123 > 2022-05-10 07:25 | Report Abuse

Price to Sales 0.5
5-Yr Average 1.5
Rel. to 5-Yr Avg. 65% Discount
FBM KLCI Index 2.5
Rel. to FBM KLCI 78% Discount

Posted by Good123 > 2022-05-10 07:32 | Report Abuse

Directors of pasukhas boleh masuk penjara ka? Gunakan esos untuk menjatuhkan harga saham dan selepas tu ,menerbitkan syer esos kpd diri sendiri :)

SINGAPORE: A High Court judge on Thursday (May 5) convicted two people linked to a scheme that wiped out S$8 billion from the Singapore stock market in 2013, in what prosecutors called "the most serious case" of market manipulation in the country.

John Soh Chee Wen, a prominent Malaysian businessman, and Quah Su-ling, former CEO of Singapore Exchange(SGX)-listed IPCO International, were convicted of 180 and 169 charges respectively.

ADVERTISEMENT

From August 2012 to October 2013, Quah and Soh artificially inflated the share prices of three penny stocks, Blumont, Asiasons and LionGold.

The scheme unravelled on Oct 4, 2013 when the share prices of the three companies crashed, erasing S$8 billion in market capitalisation from SGX.

The duo's offences included false trading, price manipulation, deception and cheating. Soh was also convicted of witness tampering.

The verdict came at the end of a trial that was heard before Justice Hoo Sheau Peng over almost 200 days, involving close to 100 prosecution witnesses.

Justice Hoo found that Soh and Quah conspired to manipulate the market for and price of the three penny stocks by controlling, obtaining financing for, conducting illegitimate trading activity in, and coordinating their use of 189 securities trading accounts. These accounts were held with 20 financial institutions in the names of 60 individuals and companies.

Posted by Good123 > 2022-05-10 07:43 | Report Abuse

Pasukhas dah super low, banyak orang hiding disini kini :)

Declining issues outnumbered advancing ones on the NYSE by a 7.18-to-1 ratio; on Nasdaq, a 5.44-to-1 ratio favored decliners.

The S&P 500 posted 1 new 52-week highs and 73 new lows; the Nasdaq Composite recorded 13 new highs and 1,217 new lows.= Reuters

Posted by Good123 > 2022-05-10 07:47 | Report Abuse

:)


Syed Zaid letak jawatan, Awang Adek pengerusi baharu SChttps://www.astroawani.com › syed-z...· Translate this page
28 Apr 2022 — KUALA LUMPUR: Kementerian Kewangan melantik Datuk Dr Awang Adek Hussin sebagai Pengerusi Eksekutif Suruhanjaya Sekuriti Malaysia (SC) yang ...

Guan Eng: Jelaskan peletakan jawatan 'mengejut' pengerusi SChttps://www.malaysiakini.com › news· Translate this page
28 Apr 2022 — Guan Eng: Jelaskan peletakan jawatan 'mengejut' pengerusi SC ... Zaid secara mengejut dan penggantian segeranya dengan seorang ahli Umno.

Posted by Good123 > 2022-05-10 07:54 | Report Abuse

Tanya CEO Wan kenapa belum buat lagi dalam AGM bulan ni :)

https://pasukhasgroup.com/pasukhas-eyes-main-market/

Posted by lamqwe > 2022-05-10 09:11 | Report Abuse

fly to sky alr??????????????? hahaha

Posted by Good123 > 2022-05-10 09:29 | Report Abuse

Projek pasukhas negeri melaka dah mau diumumkan , sekejap lagi :) during agm kot? :)

www.astroawani.com' target='_blank'>https://www.astroawani.com › sulai...
Sulaiman returns as Melaka Chief Minister | Astro Awani
21 Nov 2021 — Lendu assemblyman Datuk Seri Sulaiman Md Ali returns to lead the Melaka state government as the 15th Chief Minister after Barisan Nasional ...
melaka chief minister from www.astroawani.com
https://www.thestar.com.my › nation
Claims of Sulaiman forced to sign resignation letter as CM not true, says ...
2 days ago — MELAKA: Claims of Datuk Seri Sulaiman Md Ali being forced to sign his resignation letter as Melaka Chief Minister are not true and baseless, ...
You visited this page on 5/8/22.
https://www.freemalaysiatoday.com › ...
Talk of anti-Sulaiman 'plot' just a smear, says Melaka Umno chief - FMT
11 hours ago — Melaka Umno leader Ab Rauf Yusof (left) is also an executive councillor in chief minister Sulaiman Md Ali's government.

Posted by Good123 > 2022-05-10 09:30 | Report Abuse

Projek pasukhas negeri melaka dah mau diumumkan , sekejap lagi :) during agm kot? :)

www.astroawani.com' target='_blank'>https://www.astroawani.com › sulai...
Sulaiman returns as Melaka Chief Minister | Astro Awani
21 Nov 2021 — Lendu assemblyman Datuk Seri Sulaiman Md Ali returns to lead the Melaka state government as the 15th Chief Minister after Barisan Nasional ...
melaka chief minister from www.astroawani.com
https://www.thestar.com.my › nation
Claims of Sulaiman forced to sign resignation letter as CM not true, says ...
2 days ago — MELAKA: Claims of Datuk Seri Sulaiman Md Ali being forced to sign his resignation letter as Melaka Chief Minister are not true and baseless, ...
You visited this page on 5/8/22.
https://www.freemalaysiatoday.com › ...
Talk of anti-Sulaiman 'plot' just a smear, says Melaka Umno chief - FMT
11 hours ago — Melaka Umno leader Ab Rauf Yusof (left) is also an executive councillor in chief minister Sulaiman Md Ali's government.

Posted by Good123 > 2022-05-10 10:00 | Report Abuse

Sulaiman, just seal the deal with pasukhas. Boleh bersara serta merta haha

www.astroawani.com
https://www.thestar.com.my › nation
Claims of Sulaiman forced to sign resignation letter as CM not true, says ...
2 days ago — MELAKA: Claims of Datuk Seri Sulaiman Md Ali being forced to sign his resignation letter as Melaka Chief Minister are not true and baseless, ...
You visited this page on 5/8/22.
https://www.freemalaysiatoday.com › ...
Talk of anti-Sulaiman 'plot' just a smear, says Melaka Umno chief - FMT
11 hours ago — Melaka Umno leader Ab Rauf Yusof (left) is also an executive councillor in chief minister Sulaiman Md Ali's government

Posted by Good123 > 2022-05-10 10:02 | Report Abuse

Renewable energy / waste management project , biasanya berbilion ringgit , semoga pasukhas dapat di melaka. Agm, ada pengumuman? :)

Posted by Good123 > 2022-05-10 10:03 | Report Abuse

Tanco juga ada projek berbilion ringgit, terus terbang ke 30-40sen , tengok pasukhas dapat lakukan yg sama nanti tak :)

Posted by Good123 > 2022-05-10 10:04 | Report Abuse

Dari Sekarang sampai agm, banyak excitement, mereka mau jual. Usah peduli. Kita tengok :)

Posted by sunsetbiz > 2022-05-10 10:23 | Report Abuse

no ppl will sell cause no ppl buy also ....all just bought popcorn and watch u do funny show daily like joker here....u r employ for page spamming here o....:)

Posted by Good123 > 2022-05-10 10:43 | Report Abuse

Aiyoh! Agm mei 30.. sabar ya! :)

0177 PASUKGB PASUKHAS GROUP BERHAD
General Meetings: Notice of Meeting
52049
Indication: Notice of Meeting
Description: Pasukhas Group Berhad - Notice of Seventeenth Annual General
Meeting ("17th AGM")
Date of Meeting: 30/05/2022
Time of Meeting: 03:00 PM
Venue: Broadcast VenueLot 10.3, 10th Floor, Menara Lien Hoe,No. 8, Persiaran
Tropicana, Tropicana Golf & Country Resort,47410 Petaling Jaya,
SelangorMalaysia
Date of General Meeting Record of Depositors: 19/05/2022
Outcome of Meeting:

You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

28/04/2022 07:00 AM


Ref Code: 202204283000400

Posted by Good123 > 2022-05-10 11:07 | Report Abuse

No risk no gain. Tiada makan tengahhari percuma :)

Posted by sunsetbiz > 2022-05-10 11:12 | Report Abuse

from ur XOX ,SAUDEE till Pasuk here......may i know how much risk u have gain ah......joker only for us lol pity u makan pun tak ada wang nanti .......:)

Posted by Good123 > 2022-05-10 11:27 | Report Abuse

KUALA LUMPUR (May 10): RHB Research said Tuesday that it is time to be nimble in small and mid-caps on Bursa Malaysia given the better risk-reward ratio on current forward price to earnings (P/E).

Its analyst Lee Meng Horng said in a note that both the FBM 70 and FBM SC are trading below their five-year means, and at about two times P/E discounts to that of the FBM KLCI — based on RHB’s stock coverage universe.

In addition, he said the valuation of the MSCI Malaysia Small Cap Index is on par with the MSCI benchmark index, reversing the trend of the outperformance of small-cap indices in the past two years.

This came as investors refocused on value-oriented big caps amid rising interest rates and greater market volatility, he added.

He also opined that it is time to go long in this current selldown with the expectation of a range-bound market amid a volatile backdrop and below-mean valuation.

He added that the investor’s strategy should be two-pronged — rotational play on sectors and bottom-up stock-picking — while continuing to look for ideas based on unique turnarounds, event-driven catalysts, exporters and politically linked thematic plays.

“We have a preference for the consumer discretionary, technology, logistics, oil and gas, and plantation sectors,” he said.

According to him, the outperformance of the FBM SC (+5.3% year to date) continues in 2022, despite the market being range-bound overall in the absence of major positive catalysts, while uncertainties from external events linger.

He opined that the FBM SC’s stronger performance has been underpinned by commodity-related stocks that benefited from the surge in various commodity prices.

On the other hand, he said the FBM 70 (-5.8% year to date) has underperformed the FBM KLCI (-0.2% year to date) so far this year, as heavyweights that consist of mainly technology sector-related stocks took a beating amid high inflation and rising interest rates.

“The return of foreign fund inflows has supported the FBM KLCI so far, thanks to the Malaysian market’s defensive attributes, while the spike in commodity prices has been a boon,” he said.

He also noted market liquidity has declined, with the cautious tone from local institutions and a lack of participation from retail investors — further exacerbated by the risk-averse sentiment casting a further pall on the market.

According to him, these factors were partially cushioned by the return of foreign fund inflows.

Compounded by the resumption of intra-day short selling (IDSS), he said the market has witnessed a rather volatile market in the first quarter of 2022, especially for the small-mid cap space.

In fact, year-to-date traded value for the FBM 70 and FBM SC declined by 32% and 61% respectively.

“Against the backdrop of a full-blown economic recovery in 2022, and supported by our in-house gross domestic product (GDP) growth forecast of 5.5% year on year, certainly there are companies that are expected to perform well and record growth,” he said.

Still, he expects market volatility to remain high for a large part of 2022, no thanks to the fluid situation and prevailing uncertainties.

He also believes the upside is capped, as the expectation of a broad-based economic recovery seems priced in, while the downside continues to be supported by bottom-fishing activities.

“A ‘buy’ at the support level and ‘sell’ at the resistance level approach could thrive, and investors should look out for unique turnarounds, event-driven catalysts, exporters and politically linked thematic plays,” he said.

Posted by Good123 > 2022-05-10 12:29 | Report Abuse

Ada sand mining, renewable energy biz. Baguslah :)


KUALA LUMPUR: Malaysia's Industrial Production Index (IPI) increased 5.1 per cent in March 2022 compared to the same month of the previous year, driven by growth in three indices, namely manufacturing, electricity and mining, the Department of Statistics Malaysia (DOSM) said.

Chief statistician Datuk Seri Mohd Uzir Mahidin said the manufacturing index rose 6.9 per cent, electricity index inched up 0.8 per cent, and mining index added 0.3 per cent.

He said for the first quarter 2022, the IPI grew 4.5 per cent compared to the same period of the previous year, attributed by growth in the manufacturing index (6.3 per cent) and electricity index (3.7 per cent), while mining index contracted 1.8 per cent.

"On a month-on-month basis, the IPI decreased 8.6 per cent, supported by expansion in all components of indices," he said in a statement, today.

Mohd Uzir said the manufacturing sector output year-on-year increased 6.9 per cent in March 2022 after recording a growth of 5.2 per cent in February 2022.

The main subsectors contributed to the growth in the manufacturing sector in March 2022 were electrical and electronics products (18.6 per cent), non-metallic mineral products, basic metal and fabricated metal products (5.6 per cent), and food, beverages and tobacco products (4.1 per cent).

"Simultaneously, the growth of the manufacturing sector was driven by both of the export-oriented industry (7.8 per cent) and domestic-oriented industry (5.1 per cent).

"The growth for the export-oriented industries was mainly supported by the manufacture of computer, electronics and optical products, and manufacture of coke and refined petroleum products,” he said.

Meanwhile, the increase in the domestic-oriented industry was attributed by the manufacture of food products and manufacture of basic metals. The performance of the manufacturing sector was also in line with the encouraging growth of exports.

On month-on-month comparison, the manufacturing sector grew 8.5 per cent compared to February 2022, driven by higher capacity utilisation, especially in the petroleum, chemical, rubber and plastic products, and transport equipment and other manufactures subsectors.

The mining sector output grew 0.3 per cent in March 2022 compared to the same period of the previous year.

The increase was driven by the positive growth of 5.7 per cent in the natural gas index, while the crude oil and condensate index deteriorated 6.8 per cent.

The mining index registered an increase of 7.2 per cent from the previous month.

The electricity sector output rose 0.8 per cent in March 2022 compared to the same month of the previous year.

Meanwhile, in terms of month-on-month comparison, the electricity index increased 13.0 per cent. - Bernama

Posted by Good123 > 2022-05-10 12:30 | Report Abuse

Directors dah menguasai pasukhas dengan syer esos . Masa dah tiba untuk mengumumkan berita baik. Barangkali jualkan semua kepada konglomerat asing supaya directors boleh bersara dah :)


KUALA LUMPUR: Malaysia's Industrial Production Index (IPI) increased 5.1 per cent in March 2022 compared to the same month of the previous year, driven by growth in three indices, namely manufacturing, electricity and mining, the Department of Statistics Malaysia (DOSM) said.

Chief statistician Datuk Seri Mohd Uzir Mahidin said the manufacturing index rose 6.9 per cent, electricity index inched up 0.8 per cent, and mining index added 0.3 per cent.

He said for the first quarter 2022, the IPI grew 4.5 per cent compared to the same period of the previous year, attributed by growth in the manufacturing index (6.3 per cent) and electricity index (3.7 per cent), while mining index contracted 1.8 per cent.

"On a month-on-month basis, the IPI decreased 8.6 per cent, supported by expansion in all components of indices," he said in a statement, today.

Mohd Uzir said the manufacturing sector output year-on-year increased 6.9 per cent in March 2022 after recording a growth of 5.2 per cent in February 2022.

The main subsectors contributed to the growth in the manufacturing sector in March 2022 were electrical and electronics products (18.6 per cent), non-metallic mineral products, basic metal and fabricated metal products (5.6 per cent), and food, beverages and tobacco products (4.1 per cent).

"Simultaneously, the growth of the manufacturing sector was driven by both of the export-oriented industry (7.8 per cent) and domestic-oriented industry (5.1 per cent).

"The growth for the export-oriented industries was mainly supported by the manufacture of computer, electronics and optical products, and manufacture of coke and refined petroleum products,” he said.

Meanwhile, the increase in the domestic-oriented industry was attributed by the manufacture of food products and manufacture of basic metals. The performance of the manufacturing sector was also in line with the encouraging growth of exports.

On month-on-month comparison, the manufacturing sector grew 8.5 per cent compared to February 2022, driven by higher capacity utilisation, especially in the petroleum, chemical, rubber and plastic products, and transport equipment and other manufactures subsectors.

The mining sector output grew 0.3 per cent in March 2022 compared to the same period of the previous year.

The increase was driven by the positive growth of 5.7 per cent in the natural gas index, while the crude oil and condensate index deteriorated 6.8 per cent.

The mining index registered an increase of 7.2 per cent from the previous month.

The electricity sector output rose 0.8 per cent in March 2022 compared to the same month of the previous year.

Meanwhile, in terms of month-on-month comparison, the electricity index increased 13.0 per cent. - Bernama

Posted by Good123 > 2022-05-10 12:57 | Report Abuse

Maybe, pasukhas will merge with permaju, offer 1 to 1 share swap. Both companies have ~1.9bil shares issued. Either permaju or pasukhas will remain... All things are possible

Posted by Good123 > 2022-05-10 12:59 | Report Abuse

Maybe, a discussion to sell to foreigners at 15sen to 20sen per share will send the share price back to 10 to 20sen, segalanya juga boleh berlaku

Posted by Good123 > 2022-05-10 14:12 | Report Abuse

I think the ketua menteri melaka will award the project to pasukhas pretty from now before his terms. Who knows, the pengarah2 akan menjemput beliau sebagai ahli lembaga pengarah, dll selepas dia bersara dari arena politik.

Posted by sunsetbiz > 2022-05-10 14:53 | Report Abuse

funny lol...one wasting time to keep ask ppl buy one wasting time keep ask ppl don't buy....popcorn finished lol ....:)

Posted by Good123 > 2022-05-10 17:50 | Report Abuse

Kini orang umno dah jadi pengerusi terbaru SC, tiada yang mustahil lagi :)

Posted by Good123 > 2022-05-10 17:52 | Report Abuse

KUALA LUMPUR (May 10): Malaysia's number of employed persons rose to a record high of 15.77 million in March 2022 from 15.73 million in the preceding month (February 2022) and 15.33 million a year earlier (March 2021) as more people got employed in the services, manufacturing and construction sectors in line with the country's Covid-19 vaccine-driven resumption of economic activities, according to the Department of Statistics Malaysia (DOSM) and economists.

The DOSM said in a statement on Tuesday (May 10) that in terms of economic sector, Malaysia, which has a population of about 33 million people, saw its number of employed persons in the services sector remain in an upward trend mainly in the wholesale and retail trade, food and beverage, besides human health and social work segments.

"Nevertheless, employment in agriculture and mining and quarrying sectors remained on a negative trend," the DOSM said.

"The transition phase to [the Covid-19] endemic [status] as well as the easing of several more restrictions including the reopening of the country's borders to the public are seen to stimulate further the country's economy. In addition, economic activities are observed to be recovering especially for the tourism industry, thus allowing more demand for labour to ensure the operations of business activities run smoothly.

"In the meantime, the monthly external trade indicators for both exports and imports rebounded by registering double-digit growth month-on-month in March 2022. Meanwhile, ongoing international crises, such as the Russia-Ukraine war, has disrupted the global supply chain. However, it may have a minimal direct impact on Malaysia's trade," the DOSM said.

Looking ahead, the DOSM said Malaysia's economy and labour market will expand further in the coming months as more positive signs of the economy are indicated.

More to follow

Posted by Good123 > 2022-05-11 09:09 | Report Abuse

Sulaiman, die die pun mesti kekalkan jawatan ketua menteri melaka, selepas menganugerahkan projek kpd pasukhas , bolehlah bersara selepas tamat penggal nanti haha

Posted by Good123 > 2022-05-11 09:11 | Report Abuse

Kalau nilai projek di melaka bernilai berbilion ringgit macam cerita tanco, balik 30-40sen pun takda masalah :) sabar je

Posted by Good123 > 2022-05-11 09:53 | Report Abuse

Ok ok pengarah2 akan membongkarkan segalanya dalam agm nanti. Terbaik :)

0177 PASUKGB PASUKHAS GROUP BERHAD
General Meetings: Notice of Meeting
52049
Indication: Notice of Meeting
Description: Pasukhas Group Berhad - Notice of Seventeenth Annual General
Meeting ("17th AGM")
Date of Meeting: 30/05/2022
Time of Meeting: 03:00 PM
Venue: Broadcast VenueLot 10.3, 10th Floor, Menara Lien Hoe,No. 8, Persiaran
Tropicana, Tropicana Golf & Country Resort,47410 Petaling Jaya,
SelangorMalaysia
Date of General Meeting Record of Depositors: 19/05/2022
Outcome of Meeting:

You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

28/04/2022 07:00 AM


Ref Code: 202204283000400

Posted by Good123 > 2022-05-11 09:54 | Report Abuse

Tak tahu sama ada takeover offer dari pihak tertentu

Posted by Good123 > 2022-05-11 09:55 | Report Abuse

Semoga dalam agm, usahasama projek negeri melaka akan diberitahu dengan lebih lanjut :)

Posted by Good123 > 2022-05-11 09:56 | Report Abuse

Dalam agm, pengarah2 barangkali akan memberitahu bahawa mereka menguasai pasukhas dengan syer esos yang dihalalkan oleh bursa dan SC :)

Posted by Good123 > 2022-05-11 09:58 | Report Abuse

Mungkin pasukhas akan dijualkan kpd kerajaan negeri melaka haha

Posted by Good123 > 2022-05-11 10:11 | Report Abuse

Since directors had controlled pasukhas via esos shares, management buyout by directors is possible.

Many questions from investors during the coming agm this month :)

Posted by Good123 > 2022-05-11 10:52 | Report Abuse

(May 11): Malaysia’s central bank is widely expected to maintain its benchmark interest rate at a record-low on Wednesday (May 11), continuing support for the nascent economic recovery before it shifts gears in the second half of the year.

Bank Negara Malaysia (BNM) will keep the overnight policy rate (OPR) steady at 1.75%, according to 14 of 19 economists in a Bloomberg survey. The remaining five analysts expect a 25-basis-point hike. BNM last adjusted borrowing costs in July 2020.

Malaysia’s central bank has indicated it is in no rush to raise rates as it navigates global volatility, inflation and a weakening ringgit. The slowdown in China — Malaysia’s largest trading partner — and the ongoing war in Ukraine are risks to the outlook for the nation’s economy, which is currently seeing a pickup in activity on fewer virus curbs.

The bank “continues to reiterate its cautious stance, contrary to the hawkish Fed (US Federal Reserve), and we believe BNM’s focus will continue to be on GDP (gross domestic product) growth,” Nazmi Idrus and Lim Yee Ping, analysts at CGS-CIMB, wrote in a report. They expect policy normalisation to begin only in the second half of the year, with two separate 25-basis-point increases.

To be sure, it’s for the first time since 2018 that some economists surveyed by Bloomberg are expecting BNM to raise rates. One of them — United Overseas Bank’s (UOB) Lee Sue Ann — expects borrowing costs to rise by 25 basis points to 2% on Wednesday, citing prevailing upside risks to Malaysia’s inflation outlook as activity improves.

Here’s what else to watch for in Wednesday’s statement:


Growth outlook
Malaysia’s central bank will assess the strength of the country’s growth recovery in 2022 and may reiterate that risks to the growth outlook remain tilted to the downside.

The economy may have quickened 1.1% in the March quarter from the previous three months, according to Moody’s Analytics.

Malaysia’s economy rebounded 3.6% in the final quarter of 2021 from a year ago as the country rolled back movement restrictions. The central bank will release first-quarter GDP data on Friday. BNM expects GDP to expand between 5.3% and 6.3% this year, lower than its earlier projection of 5.5% to 6.5%.

Policy guidance
BNM may provide guidance on the path of monetary policy as it seeks evidence to support an increase in borrowing costs, said RHB Bank Bhd economist Dr Sailesh Kumar Jha in a research note.

The central bank will want to observe key data such as first-quarter GDP and the April core Consumer Price Index for further signs that slack in the economy is waning, real wages are firming up and risks from the Ukraine conflict on the country are negligible, he added.

Inflation risk
Malaysia’s latest headline inflation data remained unchanged at a six-month low of 2.2% year-on-year in March, reflecting the central bank’s expectations that price pressures will remain moderate in 2022.

Core inflation, however, edged higher, pointing to underlying price pressures from growing domestic demand as labour market conditions improve and the economy reopens, according to MIDF Research.

Upside risks exist going forward from elevated commodity prices, a hike in minimum wages and the government’s review of blanket fuel subsidies, analysts at Maybank wrote in a research note.

Posted by Good123 > 2022-05-11 10:53 | Report Abuse

KUALA LUMPUR: Economic analysts predict that Malaysia's economy will expand by between 4.0 and 5.0 per cent in the first quarter of 2022.

Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the projection is premised on improving domestic demand, especially private consumption.

He added that private consumption is expected to normalise as relaxation over Covid-19 restrictions would incentivise households to spend more.

"Also, the net exports' positive contribution would also help boost economic growth," he told the New Straits Times yesterday.

Afzanizam said besides that, the bank believes the improving gross domestic product (GDP) numbers would allow Bank Negara Malaysia to increase the overnight policy rate (OPR) sometime in the second half (2H) of 2022.

"Bank Negara would have more data to make an informed decision. However, the normalisation of monetary policy accommodativeness would be gradual and will not necessarily move in sync with the US Federal Reserve (Fed)," he added.

The central bank will be announcing Malaysia's GDP number on Friday.

Bank Negara will also announce any decision on OPR after its Monetary Policy Committee (MPC) meeting tomorrow (Wednesday).

During the last MPC in March, Bank Negara's MPC chose to keep the OPR at 1.75 per cent, discounting any rising inflationary pressures.

The central bank said that the overall recovery trajectory remains on track despite the recent moderation in economic activity due to the Omicron-driven Covid-19 resurgences.

The central bank said inflation in many economies remains elevated due to demand and supply factors.

RHB Research group chief economist and market research head Dr Sailesh K Jha said the central bank would want to observe the release of Q1 2022 GDP on May 13 and April core Consumer Price Index (CPI) data on May 25, as well as further evidence that slack in the economy is falling, real wages are on a firm uptrend, and that risks from the conflict in Ukraine do not have a material impact on Malaysia's economy.

The bank-backed research firm has maintained its view that Bank Negara will remain on hold in terms of the OPR at 1.75 per cent at its next meeting.

"We maintain our view that the central bank will hike the OPR by 25 basis points (bps) to 2.0 per cent in 2H 2022. The Bloomberg consensus forecast is 2.25 per cent for the OPR at end-2022," he said.

Sailesh said Bank Negara would not have sufficient evidence on May 11 to hike the OPR.

"The guidance, however, on the path of monetary policy could be given at this meeting. The tone could be neutral in our view," he said.

**Razman view here**

CGS-CIMB Research analysts Nazmi Idrus and Lim Yee Ping said Malaysia might have greater control over its monetary policy movements than its regional peers.

They said the country is a major beneficiary of high commodity prices, especially with palm oil and natural gas prices on an uptrend. Hence the inflow into its current account can offset the outflow on its financial account.

Plus, Malaysia has other measures to minimise ringgit volatility, including encouraging government-linked companies (GLCs) to repatriate money from abroad, which it had done post the taper tantrum in 2013.

"Thus far, Bank Negara Malaysia (BNM) continues to reiterate its cautious stance, contrary to the hawkish Fed, and we believe BNM's focus will continue to be on GDP growth.

"We maintain our forecast of two 25bp Overnight Policy Rate (OPR) hikes in the second half (2H) of 2022," they said.

According to Kenanga Investment Bank Bhd, Malaysia's manufacturing activity is expected to improve due to the reopening of borders and pent-up demand bolstered by various governmental support and a higher vaccination rate.

Nonetheless, Kenanga's growth forecast is susceptible to a number of adverse risks, including global supply chain disruptions caused by China's zero-Covid policy and the Russia-Ukraine crisis.

However, given Malaysia's export diversification and strong demand from important trading partners, the negative impact is projected to be modest.

"Against this backdrop, we maintain Q1 2022 GDP growth estimate at 5.7 per cent, bringing the overall 2022 growth at 5.0 per cent - 5.5 per cent," the research firm said.

Posted by Good123 > 2022-05-11 10:53 | Report Abuse

KUALA LUMPUR: Bursa Malaysia maintained a cautious upward momentum ahead of corporate earnings results later this month as investor picked up bargains in hopes of positive surprises.

Posted by sunsetbiz > 2022-05-11 11:29 | Report Abuse

toxic person always live in your own world which full of dreaming....just keep the reality away from you....:)

Posted by Good123 > 2022-05-11 15:05 | Report Abuse

Bila terbang, ramai akan diam serta merta macam dalam forum tanco, vizione. Permaju haha

Posted by sunsetbiz > 2022-05-11 16:14 | Report Abuse

bila turun juga ada orang bising hari hari sini macam orang bodoh saja sendiri siok........:)

Posted by Good123 > 2022-05-11 16:19 | Report Abuse

Tunggu sampai agm tamat. Sial!

Q1,2022 results mungkin luar biasa :)

Posted by Good123 > 2022-05-11 18:44 | Report Abuse

Ada double/triple happiness semasa agm bulan ini. Mau mati pun tunggulah sampai agm tamat. Hodoh! :)

Posted by Good123 > 2022-05-11 23:52 | Report Abuse

NOTICE OF ANNUAL GENERAL MEETING
NOTICE IS HEREBY GIVEN THAT the Seventeenth Annual General Meeting (“17th AGM”) of Pasukhas
Group Berhad (“Pasukhas” or “the Company”) will be held on a fully virtual basis and entirely via remote
participation and voting facilities via Mlabs VGM platform operated by Mlabs Research Sdn Bhd at the
broadcast venue at Lot 10.3, 10th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf &
Country Resort, 47410 Petaling Jaya, Selangor on Monday, 30 May 2022 at 3.00p.m. for the following
purposes:
AS ORDINARY BUSINESS
1. To receive the Audited Financial Statements for the financial year ended 31
December 2021 together with the Reports of the Directors and Auditors
thereon.
Please refer to
Explanatory Note to
Ordinary Business
2. To re-elect Yap Chee Keong who retires pursuant to Clause 97 of the
Company’s Constitution and who being eligible, has offered himself for re￾election.
Ordinary
Resolution 1
3. To re-elect Teoh Kim Hooi who retires pursuant to Clause 97 of the
Company’s Constitution and who being eligible, has offered himself for re￾election.
Ordinary
Resolution 2
4. To approve the payment of Directors’ Fees amounting to RM600,000 to the
Directors of the Company from 17th AGM up to the conclusion of 18th AGM.
Ordinary
Resolution 3
5. To approve the payment of Directors’ Benefits to the Directors of the
Company and its subsidiaries up to an amount of RM1,000,000 from 17th
AGM up to the conclusion of 18th AGM.
Ordinary
Resolution 4
6. To re-appoint Messrs. Crowe Malaysia PLT as Auditors of the Company and
to hold office until the conclusion of the next AGM at such remuneration to be
determined by the Directors of the Company.
Ordinary
Resolution 5
AS SPECIAL BUSINESS
To consider and if thought fit, to pass the following resolutions:-
7. Authority to allot and issue shares in general pursuant to Sections 75 and 76
of the Companies Act 2016
Ordinary
Resolution 6
“THAT subject to the Companies Act, 2016 (“the Act”), the Constitution of the
Company, the ACE Market Listing Requirements (“Listing Requirements”) of
Bursa Malaysia Securities Berhad (“Bursa Securities”), Additional Temporary
Relief Measures to Listed Corporations for Covid-19, issued by Bursa
Securities on 16 April 2020, its subsequent letter dated 23 December 2021
on extension of implementation of the 20% General Mandate and subject to
the approvals of the relevant governmental/regulatory authorities, the
Directors be and are hereby authorised and empowered pursuant to Sections
75 and 76 of the Act, to issue and allot shares in the Company, at any time
to such persons and upon such terms and conditions and for such purposes
as the Directors may, in their absolute discretion deem fit, provided that the
aggregate number of shares to be issued pursuant to this resolution does not
exceed twenty per centum (20%) of the total number of issued shares of the
Company (excluding treasury shares) at any point in time (“20% General
Mandate”); AND THAT the Directors be and are hereby also empowered to
obtain approval from the Bursa Securities for the listing and quotation of the
additional shares so issued pursuant to the 20% General Mandate on Bursa
Securities which would be utilised before 31 December 2022 and thereafter,
the 10% general mandate will be reinstated;

Posted by Good123 > 2022-05-11 23:54 | Report Abuse

FINANCIAL HIGHLIGHTS
2017 2018 2019 2020 2021
Profitability
Revenue
(RM’000) 36,859 97,375 29,087 10,860 79,711
Earnings / (Loss) before interest, tax,
depreciation and amortisation
(EBITDA)
(RM’000) 3,368 (3,026) (5,477) (36,688) (17,819)
Profit / (Loss) before taxation
(RM’000) 1,419 (7,602) (11,301) (42,158) (21,709)
Profit / (Loss) for the year attributable to
equity holders
(RM’000)
607 (7,268) (10,918) (38,970) (19,249)
Balance Sheet
Share capital
(RM’000) 89,783 89,783 89,922 117,501 212,914
Number of shares in issue (units)
(‘000) 811,573 811,573 814,417 1,194,717 1,408,867
Shareholders’ equity
(RM’000) 88,168 79,438 68,429 58,024 165,002
Financial Ratio
Revenue growth (38.96%) 164.18% (70.13%) (62.66%) 633.96%
Earnings growth 112.23% 1,243.93% (34.51%) (277.73%) (49.25%)
Return on equity 0.69% (9.15%) (15.95%) (67.16%) (11.67%)
Share Information
Weighted average number of ordinary
Shares (units)
(‘000)
668,231 811,573 813,684 864,053 623,964
Dividend per share
(sen) - - - - -
Earnings / (Loss) per share
(sen) 0.09 (0.90) (1.34) (4.51) (3.08)
Net assets per share
(sen) 10.86 9.79 8.40 4.86 11.71

Posted by Good123 > 2022-05-11 23:56 | Report Abuse

KUALA LUMPUR: PRG Holdings Bhd's independent non-executive chairman Datuk Dr Awang Adek Hussin will be resigning from the company's board effective May 30, 2022.

Dr Awang will be taking up his new role as the Securities Commission executive chairman beginning June 1.

"The board of directors takes this opportunity to thank Dr Awang for his numerous contributions towards the company during his almost five-year tenure here.

"We wish him every success in his new endeavours," PRG group executive vice-chairman Datuk Lua Choon Hann said.

Dr Awang was first appointed as independent non-executive chairman of PRG on August 18, 2017.

He was instrumental in guiding the company towards having good corporate governance and sustainability practices.

Before that, Dr Awang was Permodalan Nasional Bhd director, chairman of PNB Research Institute, Majlis Amanah Rakyat (MARA) and Tenaga Nasional Bhd, and the deputy minister of finance and deputy minister of rural development.

Listed on Bursa Malaysia main market, PRG is a company primarily involved in property development, construction, manufacturing and agriculture businesses.

Its manufacturing segment, Furniweb Holdings Ltd, is listed on the GEM board of the Hong Kong Stock Exchange.

The company is counting on the recovery of the property sector and the global push for environmental, social and governance to deliver a turnaround performance in the financial year ending December 31, 2022.

Posted by Good123 > 2022-05-12 09:39 | Report Abuse

RICS said the proportion of surveyors expecting rents to rise over the next three months was the highest since this record began in 1999.

LONDON: British house prices rose in April at the fastest rate since June 2021 as demand again outstripped the number of homes for sale but surveyors trimmed their expectations for future price rises as inflation pressures intensify.

The Royal Institution of Chartered Surveyors (RICS) said there was a +80 percentage point difference between the proportion of surveyors reporting rising prices and those reporting a fall, up from +74 in March.

This was the highest since June and well above forecasts in a Reuters poll of economists which had pointed to a fall to 70.

Previously published figures from mortgage lender Nationwide showed the annual rate of house price increase slowed to 12.1% in March from an 18-year high of 14.3% in March. Read full story

RICS said the proportion of surveyors expecting rents to rise over the next three months was the highest since this record began in 1999.

"Even though there is a lot of caution about the future economic landscape, it seems that limited supply available on the market, coupled with steady demand growth, are still the overriding drivers of house prices," RICS economist Tarrant Parsons said.

Last week the Bank of England forecast consumer price inflation would exceed 10% in the final quarter of this year, as surging prices for energy and other imports cause the second-biggest fall in living standards in over 50 years.

The BoE has raised interest rates four times since December, and financial markets see rates reaching at least 2% by the end of the year, twice their current level.

However, the impact of rising prices is unevenly felt. Many richer households still have significant savings built up during the COVID-19 pandemic when spending options were limited and working from home boosted demand for more spacious housing.

RICS said its members reported an eighth successive month of rising numbers of enquiries from potential home-buyers while supply was flat.

A large majority of surveyors expected house prices to rise over the next 12 months, although the balance of +62 was down from +78 in February.- Reuters

Posted by Good123 > 2022-05-12 09:40 | Report Abuse

KUALA LUMPUR (May 11): UMNO turned 76 years old on Wednesday after having successfully weathered various challenges to emerge more mature, stronger and wiser, said its president Datuk Seri Dr Ahmad Zahid Hamidi.

Ahmad Zahid said attempts by certain elements to undermine the unity of UMNO supporters had only made them better appreciate the need to protect the party.

"By God's grace, UMNO has turned 76, staying strong in its struggle for the religion, race and country.

"UMNO still possesses the spirit and essence of the largest Malay political party which is firmly rooted in its struggle for the people and country,” he said in his Facebook post in conjunction with the 76th anniversary of UMNO on Wednesday.

Tracing the events after May 9, 2018 when UMNO was defeated in the 14th general election (GE14), Ahmad Zahid said some people had then tried to write UMNO off as irrelevant and a party without direction.

"Its new president was pressured to dissolve the party, its loyal leaders and members were constantly harassed to surrender and defect. Alhamdulillah by the will of the Almighty, together we defended, we fought and we rose with full wisdom,” he added.

Ahmad Zahid said UMNO had moved forward without dragging the people into controversies and chaos, as it upheld the true meaning of democracy.

"InsyaAllah, with the strength granted by Allah SWT, the UMNO president will ensure that this resurgence will never be extinguished,” he said.

He said regardless of the hurdles in its way, UMNO would continue to march forward for the prosperity and well-being of all.

Posted by Good123 > 2022-05-12 10:34 | Report Abuse

Orang umno kasi projek, terimalah je, usah bermusuh dengan wang :)

Posted by Good123 > 2022-05-12 10:48 | Report Abuse

Pasukhas, stablecoin tulen haha 2-2.5sen, dah lama dah