I think more than 95% of today's trade done at 0.14. Someone selling and someone buying...hmm, may be something going on. Hope for the best next week before CNY.
4 th Qtr result out...loss -RM539k though gross profit at RM3 mil. This is due to write off plant and equipment of Rm1.168 mil....Otherwise shd be a good qtr. Overall 2015 turnaround with rev at Rm68 mil and small profit of RM897K..
no no its not a trap but actually management / operator just remember that they forgot to give ang pow on last CNY. so dont worry who bought at 0.18-0.19 in T+3 the price should be at 0.21-0.23 by next week. Ang Pow ma..
The Board of Directors of Pasukhas Group Berhad (“PGB” or “the Company”) wishes to announce that its wholly-owned subsidiary company, Pasukhas Sdn Bhd (Company No. 145130-U) (“the Plaintiff”) had via its solicitors’ Messrs Lim, Chong Phang & Amy filed a Writ and Statement of Claim against Shmizu Corporation (Company No. 993301-U), Nishimatsu Construction Co. Ltd (Company Co. 993515-P), UEM Builders Berhad (Company No. 29354-H) and IJM Construction Sdn Bhd (Company No. 165650-H) (collectively referred to as “the Defendants”) in the High Court of Kuala Lumpur, Suit No: WA-22NCVC-232-04/2016 (“The Suit”).
The Suit is premised on the failure of the Defendants to return to the Plaintiff Goods that were rented to the Defendants.
The Plaintiff is seeking the following relief:
(1) Damages of RM4,693,157.00 as the acquisition costs of the Goods;
(2) Alternatively, RM4,758,040.50 as the replacement costs for the Goods;
(3) Loss of profit;
(4) General Damages;
(5) Interest; and
(6) Legal Costs.
This material litigation against the Defendants will not have any material effect on PGB’s earnings per share, net assets per share, gearing, share capital and substantial shareholder’s shareholdings for the financial year ending 31 December 2016. The Company expects that pursuant to the facts of the case and advise of its solicitors, the case will be held in the Plaintiff’s favour.
The Company will make the necessary announcement on further development on the Suit in due course.
The IAA is not renewable upon expiration of one (1) year period or not later than 25th April 2017. However, the Company can still negotiate on the extension of the IAA at the end of the tenure.
The agreement very fishy. Where got a newly signed agreement with such non-renewal term. Why not continue 2nd year?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SmallFish2015
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Posted by SmallFish2015 > 2024-06-05 09:50 | Report Abuse
remember no drop, no rise...