Posted by Good123 > 2022-06-07 08:30 | Report Abuse

show us the results, usah show off, etc :)

KUALA LUMPUR (Dec 4): Mechanical and electrical engineering company Pasukhas Group Bhd's executive director Wan Thean Hoe, 46, has been redesignated as the company's chief executive officer, effective today.

Wan, a member of the Malaysian Institute of Accountants and an associate member of the Chartered Institute of Management Accountants, has extensive knowledge in corporate finance, business planning and development, Pasukhas' filing to Bursa Malaysia today read.

He started as an account executive in Maju Associate Sdn Bhd in 1993 before joining Tan Chong Motor Assemblies Sdn Bhd as an accountant in 1995, according to the filing.

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"Wan subsequently joined DXN Holdings Bhd as the group financial controller in 1998. In 2000, he joined Yunque Automotive (China) Co Ltd and Jiang Yin Cheng Chang Auto Parts (China) Co Ltd as deputy general manager," the filing stated.

Wan then joined Toptrans Engineering Group as group financial controller in 2010 and started off Tara Temasek Sdn Bhd and Clean Tech Waste Solution Sdn Bhd after leaving Toptrans.

Pasukhas, which debuted on the ACE Market in August 2012, reported in September last year that it was expecting to transfer to the Main Market in three years as it worked on boosting its earnings.

Posted by Good123 > 2022-06-07 08:32 | Report Abuse

The group is targeting to launch the project by September this year under the proposed name of Lushwoods Towers and Residences, it said.

The funding requirement for Yayasan, which has a gross built-up area of about 644,000 square feet (sq ft) and a net floor area of around 355,000 sq ft is estimated to be RM257 million, it said.

Posted by Good123 > 2022-06-07 08:33 | Report Abuse

Flagship project

Yayasan is the group's flagship property project since it diversified into property development in August 2018.

Its wholly-owned subsidiary Pasukhas Development Sdn Bhd (PDSB) had on June 9, 2017, entered into a joint venture agreement (JVA) with Yayasan Veteran Angkatan Tentera Malaysia (YVATM) to develop the project on 1.27 acres of state leasehold land off Jalan Tun Razak.

Under the JVA deal, Pasukhas will pay RM15.45 million for the land premium and RM2 million cash to YVATM. The latter will also be entitled to 72,000 square (sq) feet (ft) of partial office space and function rooms in the project.

Pursuant to the JVA, PDSB will undertake the project as the owner and developer.

Yayasan comprises a 32-storey serviced apartment block with 224 units, built-up ranging from 640 sq ft to 4,400 sq ft, an eight-storey podium with two floors of a commercial centre (net floor area of about 12,000 sq ft), and 607 car park lots.

It also consists of nine-storey offices (net floor area of about 93,000 sq ft), with facilities that include a multi-purpose hall, kindergarten, gymnasium, workers' recreational space, and medical treatment room.

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.

Posted by Good123 > 2022-06-07 08:34 | Report Abuse

Attractive mix of properties poised to attract investors, says Pasukhas

Pasukhas said that given the strategic location of Yayasan and the attractive mix of residential quarters and commercial lots, it believes the project will appeal to both local and international home purchasers and investors.

It said buyers of commercial spaces will benefit from both the built-in residential clientele and foot traffic from users of the office spaces.

Moving forward, the group intends to build on its property development capabilities as part of its continuous effort to improve its financial performance.

Pasukhas said that it will continue monitoring the latest developments in the property market with the aim of exploring opportunities, including via the formation of strategic alliances or JVs in the property development space.

The group said that it plans to also work with various property developers and project owners in Malaysia to secure additional mechanical and engineering contracts for commercial buildings, mixed developments, and other specialised projects.

Posted by Good123 > 2022-06-07 08:35 | Report Abuse

Pasukhas said it is actively pursuing potential sand buyers from mainland China and Hong Kong for its wholly-owned unit Pasukhas Products Sdn Bhd (PPSB).

PPSB had on September 22, 2020, entered into an agreement with BB Energy Sdn Bhd for the exclusive rights to access, extract and dredge marine sand (largely used in land reclamation) at Sungai Miang in Pekan, Pahang, for subsequent sale, distribution, and/or export purposes.

The contractual term of the agreement is for 12 months with an option to extend for a further 12 months.

Posted by Good123 > 2022-06-07 08:37 | Report Abuse

bagus... market your new property project in KL to buyers in China, Hongkong, etc.

Most notably, Asians who tend to indulge in cross-border property investments are mostly from China. Having taken over the US in terms of international buying power, they are a force to be reckoned with. They represent tremendous opportunities for real estate sellers around the world. However, sellers will have to cross certain challenges such as how to reach out, communicate and engage with them.

Posted by Good123 > 2022-06-07 08:50 | Report Abuse

KUALA LUMPUR: The local bourse will provide trading opportunities for selected sold-down beneficiaries of key investment themes, according to UOB Kay Hian (UOBKH) Research, which says it foresees a reprieve period for global equities (as global inflation expectations ease) in June 2022.

Posted by Good123 > 2022-06-07 08:57 | Report Abuse

congrats! semua pun dapat :)

By IM Insights
Pasukhas Green Assets Sdn Bhd (ASEAN Green SRI Sukuk) RM200 Million - Information Memorandum

Kafalah, Murabahah, Shariah, Sukuk, Tawarruq, Wakalah, Ta’widh, Ibra’, Credit Risk, Al-kafalah, Net Assets, Participation, Provision, Receivables, Reserves, Sales, Suq al-Sila’

Posted by Good123 > 2022-06-07 09:39 | Report Abuse

Causeway CEO: Buy 'dull' stocks

Posted by Good123 > 2022-06-07 10:00 | Report Abuse

KUALA LUMPUR: The foreign inflow turned positive on Bursa Malaysia for the week ended JUne 3, 2022 with net purchases of RM477.5mil.

According to MIDF research data, this was in line with the swing to a positive inflow in Asian markets after eight weeks of net outflow.

It said this was owing to the US dollar index (DXY) losing appeal as forecasts of the US non-farm payrolls were trimmed vigorously.

"Based on the provisional aggregate data for the seven Asian exchanges that we track, investors classified as “foreign” bought US$2.3bil last week," it said.

On the local bourse, net buying from foreign investors was recorded from Monday to Wednesday.

The heaviest net inflow came on Tuesday with RM320.8mil net of local equities bought by foreigners.

Posted by Good123 > 2022-06-07 14:19 | Report Abuse

Bila dah mau terbang, ia akan terbang , dah auto pilot haha

Posted by sunsetbiz > 2022-06-07 16:28 | Report Abuse

Boarding MX370 waiting oh....:)

Posted by Good123 > 2022-06-08 08:38 | Report Abuse

1.9bil shares x 2sen~rm38mil market cap. Right issue raised ~rm100mil cash. Also, many rounds of esos and pp.

NTA 12sen@31/3/2022

Expecting 8 to 10sen within this year with a market cap of rm152 to rm190m .. fingers crossed

Posted by Good123 > 2022-06-08 08:40 | Report Abuse

If takeover offer by external parties, probably 1 time nta at 12sen or higher :)

Posted by Good123 > 2022-06-08 10:14 | Report Abuse

Pengarah2 dah berhenti merompak syer, masa yg terindah untuk membeli :)

Posted by Good123 > 2022-06-08 10:15 | Report Abuse

Gang pengarah yg dah tua dijangka akan menjualkan syer mereka untuk bersara,sabar ya!

Posted by Good123 > 2022-06-08 10:32 | Report Abuse

Tunggu takeover offer haha

Posted by Good123 > 2022-06-08 10:40 | Report Abuse

Swap share with uems pun ok dah :)

KUALA LUMPUR: UEM Sunrise Bhd has partnered with nine local companies to strengthen its relationships and explore ways to address the rising cost of building materials, as well as leveraging on existing platforms.

Yesterday, the property developer inked a Memorandum of Understanding (MoU) with nine companies, namely Guocera Sdn Bhd, Bofi (Malaysia) Sdn Bhd, Innocera Marketing Sdn Bhd, Electrolux Malaysia Sdn Bhd,.

Cement Industries of Malaysia Bhd (CIMA), Panasonic Malaysia Sdn Bhd, Signature Cabinet Sdn Bhd, Aurum Precast Sdn Bhd and Gamuda IBS Sdn Bhd.

In a statement, UEM said the MoU falls under the company’s vendors partnership programme.

UEM Sunrise chief executive officer Sufian Abdullah said the partnership programme allows the group to collaborate closely with its partners in the long run, adding that the companies would be able to leverage their respective marketing platforms to cross-market and increase brand awareness.

“We look forward to achieving these synergies as part of managing the risk of price fluctuations and, supply and demand uncertainties.

Posted by Good123 > 2022-06-08 11:31 | Report Abuse

Tunggu pengarah2 carikan acquirer :)

Posted by Mrcool > 2022-06-08 11:49 | Report Abuse

Hahahhhahaha

Posted by nightmare007 > 2022-06-08 16:25 | Report Abuse

@Good123
Tunggu QR
Tunggu Pengarah
Tunggu acquire
Tunggu Takeover
Tunggu Terbang

Tunggulah sehingga anda telah ditipu. Geng pengarah semakin tua semakin kaya.. anda semakin tua semakin miskin kerana terlalu penat menunggu~~~ Terindahh~~~~

Posted by Mrcool > 2022-06-08 19:00 | Report Abuse

Good 123 Tunggu mati...hahaha

Posted by Good123 > 2022-06-08 19:57 | Report Abuse

TWO upcoming developments are expected to have an impact on Malaysian public listed companies’ (PLCs) sustainability disclosures and will ultimately help investors make more informed investment decisions, experts say.

One is a move by the International Sustainability Standards Board (ISSB), which had on March 31 released its first two proposals outlining the sustainability disclosure standards of its parent body, the International Financial Reporting Standards (IFRS) Foundation. Another is a development by Bursa Malaysia that will have an impact on how and what companies disclose.

ISSB’s first proposal, known as IFRS S1, would require companies to disclose information about all of their significant sustainability-related risks and opportunities. The second, IFRS S2, focuses on climate-related risks and opportunities.

Both proposals are open for consultation until July 29, after which the ISSB aims to issue the new standards by the end of the year, subject to feedback.

Once the ISSB proposals are finalised, they will form a comprehensive global baseline of sustainability disclosures designed to meet the information needs of investors when assessing enterprise value, notes consulting group PwC.


This will see financial institutions having to work towards adopting stretch recommendations that are fully aligned with TCFD disclosures by 2024.

“In a sense, because of Bursa and Bank Negara’s push on gradual advancement in sustainability [disclosures], the IFRS requirement is not something that is totally new for our listed companies. They would already have a foundational background on materiality concepts and they would already have baseline disclosure. However, the necessary step up would be to measure the impact of material sustainability matters to enterprise value,” Arina Kok, director of climate change and sustainability services at Ernst & Young Advisory Services, tells The Edge.

The efforts by the regulators are ultimately aimed at elevating the sustainability practices and disclosures of Bursa-listed companies.

“It’s a case of two different worlds that I see among the PLCs in Malaysia in terms of disclosures. The ones that are really serious are on a par with the global companies, while the rest, the majority, are just doing it for the sake of doing it,” PwC’s Chua says. Nevertheless, he opines that within Asia, Malaysia, Singapore and Hong Kong are “broadly quite good” in terms of sustainability reporting.

Posted by Mrcool > 2022-06-08 20:49 | Report Abuse

Masih membaca...hhahaha

Posted by Good123 > 2022-06-09 08:28 | Report Abuse

Swap shares with uems better :)

UEM Sunrise Berhad (UEM Sunrise), pemaju hartanah terkemuka di Malaysia menandatangani Memorandum Persefahaman (MoU) bersama lapan syarikat tempatan untuk mengukuh, mempromosi dan membentuk hubungan yang utuh di bawah Program Usaha Sama Vendor.

Program usaha sama itu dijangka memupuk sinergi jangka panjang dan menggalakkan kerjasama antara UEM Sunrise dan syarikat yang terbabit dalam bidang pemasaran, penjenamaan dan pembangunan produk.

Ketua Pegawai Eksekutif UEM, Sunrise Sufian Abdullah berkata, program usaha sama ini memberi peluang bekerjasama dengan rakan kongsi dalam masa panjang.

Pihaknya berusaha mencapai sinergi ini sebagai sebahagian daripada pengurusan risiko dalam kenaikan harga dan ketidaktentuan permintaan dan penawaran.

"Kami berharap dapat menambah baik pengurusan kos dan memberi harga terbaik untuk pelanggan kami," katanya.

Menurutnya, UEM Sunrise terus memantau dan memperhalusi rancangan penetapan harga berdasarkan beberapa elemen kos utama selain daripada harga bahan binaan, di samping ketidaktentuan pasaran.

Syarikat berharap program usaha sama jangka panjang bersama vendor ini menjadi penyelesaian dalam menangani peningkatan kos dalam pasaran.

Melalui kerjasama ini, kedua-dua pihak memanfaatkan platform pemasaran masing-masing untuk merentas pasaran dan meningkatkan kesedaran jenama.

Selain itu, ia inovasi untuk memberi peluang kepada UEM Sunrise dan syarikat terbabit menerokai produk dan perkhidmatan bagi meningkatkan pembangunan reka bentuk.

Lapan syarikat itu termasuk Guocera Sdn Bhd, salah satu pengeluar dan pengeksport jubin terbesar di Malaysia, Bofi (Malaysia) Sdn Bhd, Innocera Marketing Sdn Bhd, Electrolux Malaysia Sdn Bhd, Cement Industries of Malaysia Bhd (CIMA), Panasonic Malaysia Sdn Bhd, Signature Cabinet Sdn Bhd serta Aurum Precast Sdn Bhd.

Posted by Good123 > 2022-06-09 08:34 | Report Abuse

Pengarah2 dah kenyang. Mereka dah mau buat sesuatu :)

Posted by Good123 > 2022-06-09 08:59 | Report Abuse

Nta@12sen mar 31,2022.

P/B=0.5 also 6sen based on this method :)

Posted by nightmare007 > 2022-06-09 09:08 | Report Abuse

Good123
Sebelum ini NTA @26sen
Selepas menunggu NTA @12sen
Semakin lama menunggu semakin renda NTA terindah~~~~~~ pengarah2 sudah kenyang makan duit anda. Teruslah menunggu.. Terindah :)

Posted by Good123 > 2022-06-09 09:36 | Report Abuse

Pengarah2 dah kenyang, buat macam mereka sanggup? :)

https://www-nst-com-my.cdn.ampproject.org/c/s/www.nst.com.my/amp/business/2022/06/801892/gagasan-solar-partners-fabulous-sunview-industrial-solar-assets

Posted by Good123 > 2022-06-09 10:11 | Report Abuse

Bursa and sc allowed share inflation carried out by directors... Investigate the concerned officials

Posted by Good123 > 2022-06-09 10:15 | Report Abuse

Pasukhas quarterly revenue is about rm20mil.. turnaround already.

Losses due to directors taking esos below nta value and pp to related parties below nta value as well as buying quoted shares of related parties.

If sc and bursa are clean, they should take prompt action now

Posted by Good123 > 2022-06-09 10:41 | Report Abuse

Pasukhas dijangka akan digunakan sebagai batu loncatan.. Ia diramal akan dijualkan kpd konglomerat lain. tunggu & lihat... semoga jadi !!!!

Posted by Good123 > 2022-06-09 10:43 | Report Abuse

Bagi konglomerat asing, mereka sanggup bayar 1-2X NTA tiada masalah... mereka mau listing status je...

Posted by Mrcool > 2022-06-09 10:54 | Report Abuse

Kahkahkahkah

Posted by nightmare007 > 2022-06-09 11:01 | Report Abuse

jual kepada @Good123 terindah~~~

Posted by Legend > 2022-06-09 11:06 | Report Abuse

Bilis sudah lamaaaaa hangus...tunggu bilis baru.

Posted by Good123 > 2022-06-09 12:25 | Report Abuse

Tunggu pengarah2 yg licik, cabut dan bersara anytime :)

Mujurlah anda :)

Posted by OctaneGoh88 > 2022-06-09 12:55 | Report Abuse

delisted soon

Posted by Good123 > 2022-06-09 14:29 | Report Abuse

The nta 12sen mainly comprises rm100mil right issue, esos and pp.

Easy to find acquirer, many projects and cash pun dah banyak :)

Posted by Good123 > 2022-06-09 14:31 | Report Abuse

Tunggu sudden surge macam tsunami, baru kejar mengejar berlaku :)

Posted by Mrcool > 2022-06-09 15:27 | Report Abuse

Kahkahkah..dh kene tipu masih lagi membaca..hahaha

Posted by Good123 > 2022-06-09 16:21 | Report Abuse

AOB audits auditor's pasukhas, MACC audits SC and Bursa related to pasukhas, agree? haha

Posted by Good123 > 2022-06-09 16:22 | Report Abuse

stay strong, getting close, acquirer akan muncul :)

Posted by Good123 > 2022-06-10 07:11 | Report Abuse

KUALA LUMPUR (June 9): Bursa Malaysia is expected to launch the second guidebook on the Public Listed Companies Transformation (PLCT) Programme entitled “Sustainable, Social Responsible and Ethical Public Listed Companies (PLCs)” on Friday (June 10).

Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar said this follows the first book on the programme which was launched in March this year that touched on “Creating Purpose & Performance Driven Public Listed Companies”.

“As an exchange, we’re only as good as the companies that are listed. So how they perform will determine the value that we create for the marketplace,” he said at the “Sustainability for Business Longevity” session in conjunction with the Malaysian Institute of Accountants (MIA) International Accountants Conference 2022 on Thursday (June 9).

Abdul Wahid noted that there is a paradigm shift when it comes to the benefits of environmental, social and governance (ESG) to companies.

According to him, ESG was initially adopted as a way of improving compliance and risk management, but now has been proven to create new opportunities for business growth.

The second guidebook provides PLCs with practical guiding steps on the key components of a well-defined ESG response and how they can define their strategy, initiatives and metrics for improved impact.

He added that key enablers of ESG strategy and drivers for ESG practices, as well as disclosures, are highlighted to support PLCs to enhance their ESG response.

“The idea here is actually to provide guidance to the PLCs on how we can go about embedding sustainability in strategy and business operations and also towards meeting the disclosure requirements as demanded not just by us, regulators and the Securities Commission (SC), but also by all the various stakeholders,” he said.

Abdul Wahid elaborated that the book provides an introduction on the importance of ESG and investor sentiment, with some context on the rise of ESG risks and opportunities and the need for companies to priortise ESG in order to create and maintain long-term value.

This comes as ESG has become top priority for companies and is shifting from compliance-oriented activities to driving resilience, strategic advantage and further value creation.

“Since the launch of the FTSE4Good Bursa Malaysia Index in December 2014, Malaysia has seen growing improvement in ESG disclosure and practices. The index constituents have increased 24 to 79 in May 2022, since its launch.”

“By doing good, you are not being extra but in fact you will perform better, both as a business and of course returns as an investor,” he said.

Prior to this, Abdul Wahid in Bursa Malaysia’s annual report released in March this year had urged leaders of PLCs to take part in a transformation programme for PLCs.

Spearheaded by Bursa, the programme is expected to increase the attractiveness ("investability") of listed companies in Malaysia by strengthening the growth narratives of PLCs across all sizes.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz announced the PLCT Programme in November last year, aimed at delivering a high-performance Corporate Malaysia.

Posted by Good123 > 2022-06-10 07:13 | Report Abuse

https://www.theedgemarkets.com/article/leaders-public-listed-companies-urged-take-part-transformation-programme

Posted by Good123 > 2022-06-10 07:16 | Report Abuse

Bagus :)


KUALA LUMPUR (June 9): Carbon tax in Malaysia should happen in the future but it is a wait-and-see approach for now with many aspects to look into, tax experts said at the Malaysian Institute of Accountants (MIA) International Accountants Conference 2022 on Thursday (June 9).

MISC Bhd head of group tax Narendran Yahambaram said the government has been using the “carrot” approach in terms of implementing environmental taxes by providing incentives and grants.

He said the government has recently looked at the “stick” approach with the introduction of the carbon tax in the 12th Malaysia Plan 2021-2025 (12MP).

“Carbon tax is tabled in the proposal of 12MP, in line with the target of zero emissions. We need both the carrot and stick approach and carbon tax is the stick approach.

“In Malaysia, over the last few years, there were significant situations where there was pollution on water resources and it had a significant social impact.

“Carbon tax will happen in just a matter of time. But the world is going through unprecedented times, so we wait and see when it will be implemented,” Narendran said.

Dr. Veerinderjeet Singh, the immediate past president of the Malaysian Institute of Accountants (MIA), agreed, saying Malaysia has given incentives in the past, which motivated corporations to use energy efficient equipment and machinery.

He also shared a mutual view of holding a wait and see approach, adding that the government has yet to tax polluters too.

“Will Malaysia introduce a carbon tax in the future? Perhaps we will wait and see. Eventually, it makes sense but perhaps sometime down the road.

“We are conscious that our manufacturing sector uses a lot of resources which could be pollutants; when can they transition? It caused the usual outcry of impact on the bottom line.

“We haven’t started taxing the polluters. That is maybe something that may happen in the near future, although I do see political issues there, but ultimately that is the way to go,” Veerinderjeet said.

Narendran was one of the speakers of the virtual session titled “Aligning Tax Strategy and ESG”, while Veerinderjeet moderated the session.

Narendran believes that the ESG principles will remain for the long term, as well as tax within ESG context, but highlighted that strong fundamentals need to be in place.

“Tax governance is not a box ticking exercise; it needs infrastructure, willingness of management to share certain tax transparency, in-house tax team and service providers to have resources available,” he said.

He added that there must be clarity on the channelling of the carbon tax collection.

“If carbon tax or any other environmental tax is imposed, is that tax a form of raising finances for a country or are those taxes going to be channeled to rectify the environmental damage.

“Will it be taken to reward companies that do good for the environment or does it just go into a bigger pool of finances for the country?” he said.

Narendran highlighted that tax transparency (under “S” of ESG) is also important, along with the implementation of carbon and environmental tax (under “E”) and tax governance (under “G”).

“The other important part in implementing the carbon tax is awareness and transparency to the consumers, as they need to realise or have information when they buy the product of a company that has high environmental taxes, so the power is thrown back to the consumers ultimately,” he said.

Posted by Good123 > 2022-06-10 07:22 | Report Abuse

Pasukhas pun boleh buat yg sama bagi projeknya dengan yayasan atm di kl kan?


Marriott International senior vice president of Asia-Pacific hotel development Kevin Chen (left) and Hap Seng Land property management director Manfred Weber (right).

KUALA LUMPUR: Marriott International, Inc has signed an agreement with Hap Seng Consolidated Bhd’s wholly owned subsidiary to bring the first Marriott Executive Apartments to Kuala Lumpur.

The 41-storey Marriott Executive Apartments is strategically located at the intersection of Jalan Kia Peng Road and Jalan Stonor Road. The project is slated to feature 352 modern residential apartments and is expected to open in 2024.

“We are delighted to work with Hap Seng to introduce Marriott Executive Apartments to the vibrant city of Kuala Lumpur,” Marriott International, Asia Pacific, hotel development senior director Andree Susilo said in a statement.

“Today’s signing further underscores our long-term commitment in strengthening our footprint in Malaysia,” he added.

Meanwhile, Hap Seng chairman Thomas Karl Rapp said: “We are pleased to announce the first Marriott Executive Apartments in Kuala Lumpur, and more importantly, to add another exciting project to our growing hospitality portfolio in Malaysia.”

Posted by nightmare007 > 2022-06-10 09:40 | Report Abuse

@Good123 dulu ditipu pengarah-pengarah oversea, sekarang ditipu pula pengarah-pengarah pasukgb.. Hidup penuh ditipu terindah~~~

Posted by Good123 > 2022-06-10 14:47 | Report Abuse

Take private, take the cash n investment, sell the biz/co separately. Huatlah :)

Posted by Jessgoh > 2022-06-10 15:27 | Report Abuse

When mkt bad come here see ppl dreaming will feel good