Posted by Lee_CK > 2023-01-15 15:07 | Report Abuse

Good news! Good news!

Posted by Good123 > 2023-01-16 08:52 | Report Abuse

PETALING JAYA: Kenanga Research remains “neutral” on property developers on the view that the sector will continue to be weighed down by the bearish oversupply and cautious lending activity of banks.

A bright spot for the sector, however, is the landed homes sub-segment. Since the onset of the Covid-19 pandemic, prices for terrace homes were the only sub-segment that have shown notable growth, while prices of high-rises and detached homes have either declined or only grown marginally, the research firm revealed.

Housing affordability for many buyers has been eroded by the higher interest rates and soaring construction cost.

The already high household debt-to-gross domestic product (GDP) ratio in Malaysia, which stood at 85% at the end of June 2022, has added to this.

“Our key concerns going into 2023 are developers’ elevated net debt levels and tight cash flows, exacerbated by higher interest rates,” the research house stated in a recent report.

The operating environment for developers is expected to remain challenging in 2023 underpinned by soft pricing power seen in 2022 despite the rising construction and land costs.

While the loan approval rate for the 10 months of 2022 had recovered to pre-pandemic levels of 43%, it is still pale in comparison to the 45% to 51% seen during the upcycle in 2011-2014, Kenanga Research noted.

Bank Negara had raised its overnight policy rate (OPR) by 100 basis points (bps) last year to 2.75% to fight inflation and normalise its rate levels.

Economists at UOB Research expect the central bank to raise the OPR by another 25 bps to 3% this week when its Monetary Policy Committee meets.

This will only add further pressure to buyer’s affordability and translate to higher financing costs and a potential liquidity crunch for highly leveraged developers, as well as weigh on their earnings.

The economy is also starting to slow with Maybank IB Research estimating the GDP growth rate for October and November 2022 averaging at 5% as compared to 14.2% year-on-year in the third quarter of 2022.

Kenanga Research thinks property developers are struggling to pass on higher construction costs to buyers, as price hikes will hurt take-up, putting the viability of the new launches at risk. Thus most choose to sacrifice on margins earned.

“Despite the reprieve (in the overhang situation), we note that there is still a long way towards recovery as units in circulation are still rather high versus historical levels – creating price competition and pressure for new unit launches,” Kenanga Research added.

With all these in mind, Kenanga Research believes developers focusing on landed townships such as Eco World Development Group Bhd, IOI Properties Group Bhd (IOIProp) and Sime Darby Property Bhd will fare better than the rest.

Its top picks are developers with strong cash flows that could anchor good dividends such as Eco World and IOIProp.

Posted by Good123 > 2023-01-16 09:11 | Report Abuse

Rotational play bagi penny stok atau hartanah akan tiba bila ekonomi kian pulih... Usah kecewa nanti... Simpan ya!

Posted by nightmare007 > 2023-01-16 09:46 | Report Abuse

terlalu sibuk buat analisa property sector, hakikatnya...bangunan pun belum wujud :))))))

Posted by Good123 > 2023-01-16 10:35 | Report Abuse

Bila siap, 20-30sen dah... NTA akan bertumbuh berlipat ganda haha
@nightmare007

terlalu sibuk buat analisa property sector, hakikatnya...bangunan pun belum wujud :))))))

47 minutes ago

Posted by Good123 > 2023-01-16 10:36 | Report Abuse

tahun 2023... harga hartanah dijangka naik semula... pelancong2 asing boleh masuk dan melabur dalam sektor hartanah untuk bersara, holiday home, pelaburan, dll

Posted by Good123 > 2023-01-16 10:37 | Report Abuse

hartanah - bagus sebagai hedge against inflation... harga buruh, keluli dan harga bahan binaan lain dah melambung... harga hartanah akan naik semula... tak jatuh lagii...

Posted by nightmare007 > 2023-01-16 10:46 | Report Abuse

Bila dah siap? jangan lupa labur di kaunter kaunter yang berkaitan...:)))))

Posted by Good123 > 2023-01-16 10:58 | Report Abuse

Kalau takut, beli je corp bond grade aaa ataupun govt bond .. tiada free lunch dalam pelaburan, segalanya calculated risk .. cuma diversifikasi merupakan free lunch dlm pelaburan...

Semoga bertambah kaya, sabar bro!

@nightmare007

Bila dah siap? jangan lupa labur di kaunter kaunter yang berkaitan...:)))))

8 minutes ago

Posted by Good123 > 2023-01-16 11:00 | Report Abuse

Macam astro, semasa 59.5-60sen, kini 63sen


Cypark 27sen+++, kini dah terbang. Dll


Diversifikasi adalah free lunch .

Posted by Good123 > 2023-01-16 11:03 | Report Abuse

Pasukhas patut tie up dengan pemaju yg terkenal untuk projek hartanah yayasan atm di KL

Tunggu lebih banyak pengumuman nanti :)

Posted by whistlebower99 > 2023-01-16 11:08 |

Post removed.Why?

Posted by nightmare007 > 2023-01-16 11:10 | Report Abuse

Patut? Fakta atau auta? atau harapan setelah kerugian?

@good123

Pasukhas patut tie up dengan pemaju yg terkenal untuk projek hartanah yayasan atm di KL

Tunggu lebih banyak pengumuman nanti :)

Posted by nightmare007 > 2023-01-16 11:11 | Report Abuse

whistlebower99

sibuklah copy paste sini sana, bosan meh

Posted by nightmare007 > 2023-01-16 11:14 | Report Abuse

SAPURA ENERGY BERHAD PN17 pun dah terbang, Pasukgb bila lagi?

Sabar:)))) ayat harapan :))))

Posted by whistlebower99 > 2023-01-16 11:44 | Report Abuse

what is your cost price since 2020?
definitely a nightmare, don't dream to breakeven

Posted by Good123 > 2023-01-16 12:07 | Report Abuse

JUST STAY PUT & REMAIN CALM ...OKEY :)

Price Target
A price target is an analyst's projection of a share's future price.

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

0.02

Avg Target Price

0.22

Upside/Downside

+0.20 (1000.00%)

https://klse.i3investor.com/web/stock/analysis-price-target/0177

Posted by nightmare007 > 2023-01-16 12:11 | Report Abuse

It's okay :))) as long as don't copy and paste same thing everyday. kekekekekek


@whistlebower99
what is your cost price since 2020?
definitely a nightmare, don't dream to breakeven

Posted by whistlebower99 > 2023-01-16 12:18 | Report Abuse

just to remind newbies not to get stuck in nightmare stocks which could wipe out 90% of your initial investment cost

posting not meant for oldies like you

Posted by nightmare007 > 2023-01-16 13:06 | Report Abuse

@Good123

you read or not? don't get trap okey? :)))

Posted by Good123 > 2023-01-16 13:14 | Report Abuse

The past is over, tamat. Lembaran baru.

Pengarah2 yg curang akan didakwa dan dipenjarakan.

Chartered accountant yap, dah cabut dah

Focus on biz, maximizing shareholders wealth bukan puak pengarah dengan mainan esos, pp, dll

Posted by Good123 > 2023-01-16 13:20 | Report Abuse

Pasukhas bukan serba haha
Is this fair to the minorities? Do these shareholders, who have invested their hard-earned savings, have themselves to blame for investing in Serba Dinamik? It is worth noting that the Employees Provident Fund, Kumpulan Wang Persaraan Diperbadankan and the State Financial Secretary of Sarawak are among the company’s shareholders

Posted by Good123 > 2023-01-16 14:09 | Report Abuse

takda isu bagi pasukhas untuk membina apa2... fasiliti ada

Pasukhas Green Assets, 5.5% 27feb2029, MYR (VN190038 ...https://cbonds.com › bonds
Issue Information Domestic bonds Pasukhas Green Assets, 5.5% 27feb2029, MYR. Issue, Issuer, Yield, Prices, ... Loans. Loan Search · Loan League Tables.

Danajamin guarantees tranche one of Pasukhas's green sukukhttps://www.thestar.com.my › business › 2019/02/25
25 Feb 2019 — Pasukhas Green Assets Sdn Bhd's which issued the sukuk, will use the proceeds for its hydropower plant in Sungai Rek, Kelantan and explore ...

Posted by Good123 > 2023-01-16 17:32 | Report Abuse

Similar step juga bagus bagi pasukhas supaya dividen boleh diberikan apabila untung bermula :)


KUALA LUMPUR: XOX Technology Bhd has proposed to undertake a capital reduction exercise by cancelling a portion of its issued share capital unrepresented by assets of RM65 million.

In a filing with Bursa Malaysia today, the mobile services provider said the corresponding credit of RM65 million from the exercise will be used to set-off against the company’s accumulated losses, while the remaining balance, if any, will be credited to its retained earnings.

As at Dec 28, 2022, its total issued share capital is RM82.05 million comprising 896.18 million ordinary shares of which 2.56 million XOX shares are held as treasury shares by the company, it noted.

The group said the proposed exercise will not result in its share price being adjusted, will not change the total number of shares in issue, and will not involve any shareholder payments. it will also not result in any cash outflow or change the group's net assets other than the estimated expenses to be incurred for the proposed exercise.

"Due to the accumulated losses, the share capital to be cancelled is substantially no longer represented by available assets of the company. As such, this will enable the company to eliminate its accumulated losses to reflect more accurately the value of its underlying assets and financial position,” the filing said.

The proposed capital reduction will also enhance XOX’s ability to declare and pay dividends out of its retained earnings in the future, as and when appropriate, when it returns to profitability, the filing said.

An extraordinary general meeting will be convened to seek shareholders’ approval, or any other relevant parties. - Bernama

Posted by Good123 > 2023-01-17 06:55 | Report Abuse

The challenges
Too many chiefs in the top management and ended neither here nor there hahahaha

Posted by Good123 > 2023-01-17 06:56 | Report Abuse

Old fox like chartered accountant yap dah cabut hahahaha

The challenges
need more young and energetic staff to become more innovative and creative.

Posted by Good123 > 2023-01-17 06:57 | Report Abuse

:)

Change will not come if we wait for some other person or some other time. We are the ones we have been waiting for. We are the change that we seek.
The good things

Posted by Good123 > 2023-01-17 06:59 | Report Abuse

PASUKHAS GROUP : PASUKGB Stock Price | MYQ0177OO004
— Pasukhas Group Berhad is a Malaysia-based company, which is engaged in the business of providing mechanical and electrical engineering ...
Free-Float: 70,2%

Posted by Good123 > 2023-01-17 07:00 | Report Abuse

Q3,2022- Revenue: RM32.4m (up 78% from 3Q 2021).

Posted by Good123 > 2023-01-17 07:12 | Report Abuse

Berpuluh-puluh juta rm dah dibayar kpd yayasan veteran atm untuk projek tersebut.... Tunggu ia dilancarkan memandangkan projek ini untuk menarik pelabur/pembeli asing terutamanya china/hongkong dan mereka dah boleh masuk untuk melawat dengan senangnya kini.

Pasukhas, free float syer 70%++ tunggu ia meletup je

https://www.nst.com.my/property/2021/03/674737/pasukhas-aims-launch-flagship-property-project-gdv-rm338-million-september

Posted by Good123 > 2023-01-17 08:09 | Report Abuse

Free float syer 70%+ bila bergerak dan aktif, dahsyatlah :)

Posted by Good123 > 2023-01-17 08:42 | Report Abuse

Property related stock , ong ka tahun ni? :)

Highlights (2 – 13 Jan, 2023)
ASEAN+ flags a broadly-positive start to 2023 for regional markets, buoyed by softening Fed rate hike outlook, USD weakness and China’s accelerated re-opening. MIBG end-2023 benchmark index upsides are sizeable: VN (+23%), ID (+15%), PH (+14%), MY (+12%), SG (+11%) and TH (+8%). We cut AEM SP to SELL on weakening demand (prefer UMSH SP). In ID, we initiate coverage on property developer CTRA IJ (BUY) and miners INCO IJ (BUY), ANTM IJ (BUY), MDKA IJ (BUY). We also initiate on telco COM7 TB (BUY).

Posted by Good123 > 2023-01-17 08:47 | Report Abuse

Rotational play , balik sektor pembinaan/hartanah anytime

Posted by Good123 > 2023-01-17 08:57 | Report Abuse

Free float syer 70%++ pengarah2 dah jualkan semua syer esos mereka ka? Kemunculan pemegang syer terbesar baru, semoga sykt dan bukan individu hahaha

Posted by nightmare007 > 2023-01-17 09:21 | Report Abuse

Share float 70%, sebab tu harga masih sama :))))

Posted by nightmare007 > 2023-01-17 17:23 | Report Abuse

Wahhhh close 0.02 today...tomorrow 0.015 again...don't be happy yaaa @good123

Posted by Good123 > 2023-01-17 19:15 | Report Abuse

Bertahan ya :)

https://www.theedgemarkets.com/node/650813

Posted by Good123 > 2023-01-17 19:15 | Report Abuse

Bertahan ya :)
www.theedgemarkets.com/node/650813

Posted by Good123 > 2023-01-17 19:17 | Report Abuse

On the international side, the foreign property ownership application process should be relaxed and have more strategic regulations to attract the interest of foreign investors and buyers. Malaysia My Second Home (MM2H) is a scheme that should be prolonged with firmer guidelines, with a more fruitful outcome if focused on Singapore and the Asian market.

With a new government in place, Malaysia is expected to have an improved outlook with supportive government initiatives amid looming global uncertainties.

Posted by Good123 > 2023-01-17 19:26 | Report Abuse

Pasukhas punya projek, next to mrt , :)

Residential properties that are strategically located and easily accessible, particularly by LRT or MRT, will see price increases in the medium to long term.

Tax exemptions and liberalised housing policies to encourage foreigners to take up the overhang in the market and relaxed lending guidelines could lead to a general recovery of the property market.

Posted by Good123 > 2023-01-17 19:29 | Report Abuse

To expedite the recovery in the property market and to reduce the overhang units, we suggest loosening the restrictions for foreigners to own property, as well as reviewing the strict MM2H criteria, as it will be helpful to encourage foreign buyers to come to Malaysia.

From the developer’s perspective, the government should reduce compliance costs and statutory contributions to help developers lower the overall construction cost, which in turn will help keep house prices within the reach of the masses.

Posted by Good123 > 2023-01-18 06:14 | Report Abuse

AS AT 29 MARCH 2022
Total Issued Share : 1,787,366,524 Ordinary Shares
Types of Shares : Ordinary Shares
Voting Rights : One (1) vote per Ordinary Share
DISTRIBUTION OF SHAREHOLDINGS AS AT 29 MARCH 2022
Size of Shareholdings No. of
Shareholders
No. of Shares Percentage of
Shareholdings
(%)
Less than 100 362 14,532 0.0008
100 to 1,000 1,011 638,438 0.0357
1,001 to 10,000 3,030 16,981,940 0.9501
10,001 to 100,000 4,399 202,853,920 11.3493
100,001 to less than 5% of
issued shares
2,391 1,468,786,594 82.1761
5% and above of issued shares 1 98,091,100 5.4880
Total 11,194 1,787,366,524 100.0000
DIRECTORS’ SHAREHOLDINGS AS PER THE REGISTER OF DIRECTORS’
SHAREHOLDINGS
Direct Interest Indirect Interest
Names No. of Shares Percenta
ge (%)
No. of
Shares
Percenta
ge (%)
1. MEJAR DATO’ ISMAIL
BIN AHMAD
- - - -
2. WAN THEAN HOE 10,000 0.0006 - -
3. MAK SIEW WEI 46,070,000 2.5775 - -
4. TANG BOON KOON - - - -
5. DATO’ NIK ISMAIL BIN
DATO’ NIK YUSOFF
- - - -
6. YAP CHEE KEONG - - - -
7. TEOH KIM HOOI 3,900,000 0.2182 - -
SUBSTANTIAL SHAREHOLDER AS PER THE REGISTER OF SUBSTANTIAL
SHAREHOLDERS
Direct Interest Indirect Interest
Names No. of
Shares
Percentage
(%)
No. of
Shares
Percentage
(%)
1. JOE HOLDING BERHAD - - 260,310,000 14.5639
2. GP AUTOBAT SDN. BHD. 260,310,000 14.5639 - -

Posted by Good123 > 2023-01-18 06:16 | Report Abuse

THIRTY LARGEST SECURITIES ACCOUNT HOLDERS
(ACCORDING TO THE REGISTER OF DEPOSITORS AS AT 29 MARCH 2022)
Names No. of
Shares
Percentage of
Shareholdings
(%)
1. AFFIN HWANG NOMINEES (TEMPATAN) SDN.
BHD.
EXEMPT AN FOR LAZARUS CORPORATE
FINANCE PTY LTD
98,091,100 5.4880
2. M & A NOMINEE (TEMPATAN) SDN BHD
EXEMPT AN FOR SANSTON FINANCIAL
GROUP LIMITED (ACCOUNT CLIENT)
71,594,600 4.0056
3. CHONG TONG SIEW 30,000,000 1.6784
4. PUBLIC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR
KHO CHONG YAU (E-TSA)
22,670,000 1.2683
5. CGS-CIMB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR
HEE YUEN SANG (MY2105)
20,000,000 1.1190
6. TAN KIN SENG 13,000,000 0.7273
7. CHUNG KIN CHUAN 11,700,000 0.6546
8. CGS-CIMB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR
ISMAIL BIN AYUB (JLN KENARI-CL)
11,000,000 0.6154
9. CGS-CIMB NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR TAY
HOCK SOON (MY1055)
11,000,000 0.6154
10. FIONA GOH ZHOU JEN 9,200,000 0.5147
11. TAN KONG HAN 9,180,000 0.5136
12. LUM YIN MUI 7,750,000 0.4336
13. KENANGA NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR
MICHAEL HENG CHUN HONG
7,500,000 0.4196
14. AU YOKE THIEN 7,000,000 0.3916
15. TANG MEE CHENG 7,000,000 0.3916
Pasukhas Group Berhad I Annual Report 2021 188
ANALYSIS OF SHAREHOLDINGS (cont’d)
AS AT 29 MARCH 2022
THIRTY LARGEST SECURITIES ACCOUNT HOLDERS
(ACCORDING TO THE REGISTER OF DEPOSITORS AS AT 29 MARCH 2022)
Names No. of
Shares
Percentage of
Shareholdings
(%)
16. CHU WAN CHEK 6,900,000 0.3860
17. DAREN YOON THAI ON 6,900,000 0.3860
18. KAMARUZAMAN BIN ZULKAFLI 6,707,700 0.3753
19. PUBLIC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR SIA
KIE KING (E-LBG)
6,501,300 0.3637
20. CHIA HOOI LIANG 6,500,000 0.3637
21. SJ SEC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR
GOH CHOON KWANG (SMT)
6,373,000 0.3566
22. TAM SHUK YI 6,300,000 0.3525
23. JOSHUA GOH WEN-HANN 6,000,000 0.3357
24. KOH BOON KHWE 6,000,000 0.3357
25. ONG TEONG YEW 5,997,300 0.3355
26. KENANGA NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR
MARTIN PAU KIN LOONG
5,740,900 0.3212
27. MOHD HAFIZ BIN HALIM (DATO SRI) 5,500,000 0.3077
28. WENDY TAN CHIA LING 5,500,000 0.3077
29. YAP KON HING 5,400,000 0.3021
30. WANG YIN CHAI 5,045,000 0.2823

Posted by Good123 > 2023-01-18 06:17 | Report Abuse

DIRECTORS’ INTEREST IN WARRANTS A AS PER THE REGISTER OF DIRECTORS’
WARRANT A HOLDINGS
Direct Interest Indirect Interest
Names No. of
Warrants
Percentage
(%)
No. of
Warrants
Percentage
(%)
1. MEJAR DATO’ ISMAIL
BIN AHMAD
- - - -
2. WAN THEAN HOE - - - -
3. MAK SIEW WEI 26,868,333 4.6432 - -
4. TANG BOON KOON - - - -
5. DATO’NIK ISMAIL BIN
DATO’ NIK YUSOFF
- - - -
6. YAP CHEE KEONG - - - -
7. TEOH KIM HOOI 2,100,000 0.3629 - -
THIRTY LARGEST WARRANTS A HOLDERS
(ACCORDING TO THE REGISTER OF DEPOSITORS AS AT 29 MARCH 2022)

Posted by Good123 > 2023-01-18 06:18 | Report Abuse

THIRTY LARGEST WARRANTS A HOLDERS
(ACCORDING TO THE REGISTER OF DEPOSITORS AS AT 29 MARCH 2022)
Names No. of Warrant A Percentage of
Warrants
Holdings (%)
1. HO HENG CHUAN 28,031,666 4.8442
2. CGS-CIMB NOMINEES (TEMPATAN) SDN
BHD
PLEDGED SECURITIES ACCOUNT
FOR NG GEOK WAH (B BRKLANG-CL)
12,500,000 2.1602
3. PUBLIC NOMINEES (TEMPATAN) SDN
BHD
PLEDGED SECURITIES ACCOUNT
FOR KHO CHONG YAU (E-TSA)
10,390,900 1.7957
4. CHUNG KIN CHUAN 10,000,000 1.7281
5. LEE MIN HUAT 10,000,000 1.7281
6. CHAN BOON CHEOW 7,500,000 1.2961
Pasukhas Group Berhad I Annual Report 2021 190
ANALYSIS OF WRRANTS A (cont’d)
AS AT 29 MARCH 2022
THIRTY LARGEST WARRANTS A HOLDERS
(ACCORDING TO THE REGISTER OF DEPOSITORS AS AT 29 MARCH 2022)
Names No. of
Warrant A
Percentage of
Warrants
Holdings (%)
7. AMNACH A/L EE NIAM 7,300,000 1.2615
8. CHUA CHENG OH 7,000,000 1.2097
9. MAYBANK SECURITIES NOMINEES
(TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT
FOR VINCENT PHUA CHEE EE
7,000,000 1.2097
10. AMSEC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT
FOR TAN YONG SIANG
6,400,000 1.1060
11. MAYBANK NOMINEES (TEMPATAN) SDN BHD
TAN SUN PING
6,000,000 1.0369
12. TAN KONG HAN 5,355,000 0.9254
13. MOHAMAD HUSNI BIN WAHID 4,068,700 0.7031
14. DAREN YOON THAI ON 4,025,000 0.6956
15. AFFIN HWANG NOMINEES (TEMPATAN) SDN.
BHD.
PLEDGED SECURITIES ACCOUNT
FOR CHAN KAI LUM
4,000,000 0.6913
16. MAYBANK NOMINEES (TEMPATAN) SDN BHD
TAN HANG SAM
4,000,000 0.6913
17. ROSMAWATI BINTI MAHMUD 4,000,000 0.6913
18. WONG XUE YING 4,000,000 0.6913
19. PUBLIC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT
FOR LAU YEW CHIN (E-KPG)
3,105,000 0.5366
20. LIEW HON KEONG 3,085,000 0.5331
21. CHONG HON HWEE 3,000,000 0.5184
22. KENANGA NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT
FOR YONG SWEE HONG (E-TRADE)
3,000,000 0.5184
23. PUBLIC INVEST NOMINEES (TEMPATAN)
SDN BHD
PLEDGED SECURITIES ACCOUNT
FOR YAP YOKE FOONG (M)
3,000,000 0.5184
24. PUBLIC NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT
FOR CHONG YEW ONN (E-TSA)
3,000,000 0.5184
25. TAN GIA LUNG 3,000,000 0.5184
26. TAN HANG SAM 3,000,000 0.5184
27. SOH LIP CHING 2,898,000 0.5008
28. ESTHER HONG KENG AIK 2,650,000 0.4580
29. WONG HANG SENG 2,560,000 0.4424
30. LUM YIN MUI 2,558,000 0.4421

Posted by Good123 > 2023-01-18 06:35 | Report Abuse

During the financial year, the Company had made offer of options to eligible persons to
subscribe for new shares in the Company. The details are as follows:-
Date of offer
Number of
options
granted
Exercise
price
(RM) Date of listing
Number of
shares
issued
ESOS 2 24 December 2020 319,270,000 0.0725 7 January 2021 30,102,600
ESOS 2 24 December 2020 319,270,000 0.0725 15 January 2021 60,000,000
ESOS 3 16 February 2021 30,000,000 0.0500 18 February 2021 30,000,000
ESOS 3 16 February 2021 60,000,000 0.0500 19 February 2021 60,000,000
ESOS 4 19 February 2021 60,642,500 0.0475 23 February 2021 60,642,500
ESOS 4 19 February 2021 60,000,000 0.0475 26 February 2021 60,000,000
ESOS 5 1 March 2021 60,000,000 0.0450 4 March 2021 60,000,000
ESOS 6 9 March 2021 75,791,000 0.0400 11 March 2021 75,791,000
ESOS 7 11 March 2021 22,737,300 0.0400 15 March 2021 22,737,300
ESOS 8 29 December 2021 20,000,000 0.0185 3 January 2022 20,000,000

Posted by Good123 > 2023-01-18 06:36 | Report Abuse

On 17 March 2021, the Company proposed to undertake a Proposed Share Consolidation
involving the consolidation of every 10 existing ordinary shares in the Company into 1
(“Consolidated Shares”). The issued share capital of the Company comprises
1,653,990,732 shares. Pursuant to the Proposed Share Consolidation, the 1,653,990,732
shares will be consolidated into 165,399,073 Consolidated Shares.
Bursa Malaysia Securities Berhad had vide its letter dated 23 April 2021, approve the
Proposed Share Consolidation and the listing of and quotation for up to 165,339,073
Consolidated Shares. On 25 May 2021, the Company announced that the entitlement date
for the Proposed Share Consolidation is on 10 June 2021.
The 165,339,073 Consolidated Shares were listed and quoted on the ACE Market of Bursa
Malaysia Securities Berhad on 11 June 2021.
(c) On 17 March 2021, the Company proposed renounceable rights issue of up to 992,394,438
new Shares (“Rights Shares”) together with up to 578,896,755 free detachable warrants in
the Company (“Warrants A”) on the basis of 12 Rights Shares together with 7 free Warrants
A for every 2 existing Consolidated Shares held by the entitled shareholders on an
entitlement date to be determined.
The 991,989,752 Rights Shares and 578,660,588 Warrants A were listed and quoted on the
ACE Market of Bursa Malaysia Securities Berhad on 21 July 2021.

Posted by Good123 > 2023-01-18 06:37 | Report Abuse

On 27 October 2021, the Company proposed to undertake a private placement of up to a
maximum of 406,865,000 new ordinary shares, representing twenty percent (20%) of the
total number of issued shares of the Company and assuming full exercise of Warrants A
and full granting and exercise of ESOS Options (“Placement Shares”).
Bursa Malaysia Securities Berhad had, vide its letter dated 2 December 2021, approved the
listing of and quotation for up to 406,865,000 Placement Shares to be issued. On 23
December 2021, the Company announced that the issue price of the Placement Shares has
been fixed at RM0.0191 per Placement Share.
231,477,700 Placement Shares were listed and quoted on the ACE Market of Bursa
Malaysia Securities Berhad on 29 December 2021.

Posted by Good123 > 2023-01-18 06:37 | Report Abuse

SIGNIFICANT EVENTS OCCURRING AFTER THE REPORTING PERIOD
(a) Subsequent to the end of the financial year, the Company had made offer of options to
eligible persons to subscribe for new shares in the Company. The details are as follows:-
Date of offer
Number of
options
granted
Exercise
price
(RM) Date of listing
Number of
shares
issued
ESOS 8 29 December 2021 20,000,000 0.0185 3 January 2022 20,000,000
ESOS 9 3 January 2022 16,000,000 0.0250 7 January 2022 16,000,000
ESOS 9 3 January 2022 8,000,000 0.0250 10 January 2022 8,000,000
ESOS 9 3 January 2022 8,000,000 0.0250 11 January 2022 8,000,000
ESOS 9 3 January 2022 8,000,000 0.0250 11 January 2022 8,000,000
ESOS 10 11 January 2022 36,000,000 0.0250 19 January 2022 36,000,000
ESOS 11 8 February 2022 25,000,000 0.0195 14 February 2022 25,000,000
ESOS 11 8 February 2022 25,000,000 0.0195 17 February 2022 25,000,000
ESOS 11 8 February 2022 50,000,000 0.0195 22 February 2022 50,000,000
ESOS 12 25 February 2022 21,000,000 0.0182 3 March 2022 21,000,000
ESOS 12 25 February 2022 50,000,000 0.0182 15 March 2022 50,000,000
ESOS 12 25 February 2022 60,500,000 0.0182 22 March 2022 60,500,000
ESOS 12 25 February 2022 71,000,000 0.0182 29 March 2022 71,000,000
ESOS 12 25 February 2022 28,022,300 0.0182 8 April 2022 28,022,300
ESOS 13 8 April 2022 69,156,700 0.0200 14 April 2022 69,156,700
(b) On 15 February 2022, the Company acquired 300,000 ordinary shares of RM1.00 each in
PCSB representing 30% of PCSB’s issued and paid-up share capital for a total cash
consideration of RM830,000. Subsequent to the acquisition, PCSB became a wholly-owned
subsidiary of the Company.

Posted by Good123 > 2023-01-18 06:40 | Report Abuse

MAJOR CUSTOMERS
The following are major customers with revenue equal to or more than 10% of Group’s total
revenue:-
Revenue
2021 2020
RM RM Segment
Customer A * 4,662,432 Renewable energy - Electricity supplied.
Customer B * 1,162,116 Manufacturing of LV Switchboards
Customer C 41,557,420 * Property developer - Civil engineering and
construction.
Customer D 18,496,626 * Property developer - Civil engineering and
construction.
* During the financial year, the revenue for this customer was less than 10% of the Group’s revenue.