HSS ENGINEERS BERHAD

KLSE (MYR): HSSEB (0185)

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Last Price

1.06

Today's Change

-0.04 (3.64%)

Day's Change

1.06 - 1.09

Trading Volume

729,400


3 people like this.

3,517 comment(s). Last comment by fensiang 6 days ago

Posted by projecti2016 > 2017-03-30 11:28 | Report Abuse

park in at 0.75

farinsight

128 posts

Posted by farinsight > 2017-03-30 12:52 | Report Abuse

Hi pavillion sifu, what is Teraju Program?
any link...thanks a lot

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-30 15:14 | Report Abuse

s reported earlier, Pakatan Harapan lawmakers had also exposed the existence of an extensive feasibility study by HSS Engineers Bhd, which had estimated the cost of the project to be less than RM30 billion.
(ECR)


buy HSS. must support

farinsight

128 posts

Posted by farinsight > 2017-03-31 22:16 | Report Abuse

OTHERS HSS Engineers Berhad ("the Company") - Notice of Arbitration Dated 22 December 2016 pertaining to Memorandum of Agreement dated 13 April 2010 ("MOA") between Malaysia Airports Holdings Berhad ("MAHB") and HSS Integrated Sdn. Bhd. ("HSSI") for the Proposed Development of New LCC Terminal and Associated Works at KL International Airport, Sepang, Selangor Work Package EW-02: Site Preparation, Earthworks and Main Drainage (Airside)

HSS ENGINEERS BERHAD

Type Announcement
Subject OTHERS
Description HSS Engineers Berhad ("the Company")
- Notice of Arbitration Dated 22 December 2016 pertaining to Memorandum of Agreement dated 13 April 2010 ("MOA") between Malaysia Airports Holdings Berhad ("MAHB") and HSS Integrated Sdn. Bhd. ("HSSI") for the Proposed Development of New LCC Terminal and Associated Works at KL International Airport, Sepang, Selangor Work Package EW-02: Site Preparation, Earthworks and Main Drainage (Airside)
“Unless otherwise stated, the terms used in this announcement shall carry the same meaning as defined in the Company's announcements dated 22 December 2016, 23 December 2016 and 4 January 2017.”



Further to the announcements made by the Company on 22 December 2016, 23 December 2016 and 4 January 2017, the Board of Directors of the Company (“Board”) wishes to announce that:



1. Pursuant to the parties’ mediation proceeding, MAHB and HSSI have agreed, on a without admission of liability basis, to a full and final settlement of Ringgit Malaysia One Million and Five Hundred Thousand (RM1,500,000.00) towards all MAHB’s claims against HSSI arising out of the subject matter of MAHB’s claim under the parties’ mediation proceeding and the Notice of Arbitration;



2. HSSI has remitted, via electronic transfer, Ringgit Malaysia One Million and Five Hundred Thousand (RM1,500,000.00) only to MAHB, and upon receipt of the monies, MAHB agrees to withdraw the Notice of Arbitration against HSSI; and



3. The agreed settlement is borne by HSSI’s insurer pursuant to its professional indemnity insurance policy, save for an excess amount of Ringgit Malaysia One Hundred and Fifty Thousand (RM150,000.00) only to be contributed by HSSI under the terms of the insurance coverage.



Based on the above, the Board is of the view that the agreed settlement will not have any material impact on the financial and operational position, order book and future earnings of the Group.



This announcement is dated 31 March 2017

Pavillion

3,100 posts

Posted by Pavillion > 2017-04-01 07:58 | Report Abuse

Good outcome. Clear all doubts.

calvinteo

330 posts

Posted by calvinteo > 2017-04-01 09:59 | Report Abuse

Vroom... vroom....

Imho More projects to be awarded soon and definitely gain more confident from existing and new client and or developers.

Note: Trade and or invest at your own risk.

1288

85 posts

Posted by 1288 > 2017-04-01 10:51 | Report Abuse

ya, cool, case settled!

pingdan

1,549 posts

Posted by pingdan > 2017-04-02 14:35 | Report Abuse

So mean next quarter will have loss of rm1.5million in the account?

Pavillion

3,100 posts

Posted by Pavillion > 2017-04-02 15:01 | Report Abuse

3. The agreed settlement is borne by HSSI’s insurer pursuant to its professional indemnity insurance policy, save for an excess amount of Ringgit Malaysia One Hundred and Fifty Thousand (RM150,000.00) only to be contributed by HSSI under the terms of the insurance coverage.

Posted by mieowmieow > 2017-04-02 23:48 | Report Abuse

i bought at 65 sen.... more to come baby...

Posted by Graemesquires85 > 2017-04-03 09:33 | Report Abuse

Original the loss is 64,620,000 now only pay 1,500,000. Earn liao..

pathew

2,028 posts

Posted by pathew > 2017-04-03 09:34 | Report Abuse

3. The agreed settlement is borne by HSSI’s insurer pursuant to its professional indemnity insurance policy, save for an excess amount of Ringgit Malaysia One Hundred and Fifty Thousand (RM150,000.00) only to be contributed by HSSI under the terms of the insurance coverage.
---> pay Rm150K only. The rest paid by insurance la... pls read carefully. It's immaterial

Posted by Graemesquires85 > 2017-04-03 09:38 | Report Abuse

U help me, i help u

Pavillion

3,100 posts

Posted by Pavillion > 2017-04-03 09:43 | Report Abuse

Rerating.

1n1792

428 posts

Posted by 1n1792 > 2017-04-03 16:02 | Report Abuse

HSSEB on the way to our 1st dollar and then up up some more

Posted by projecti2016 > 2017-04-03 16:08 | Report Abuse

TP 1.00 yay

Posted by smartInvestor1 > 2017-04-03 16:39 | Report Abuse

Thank you so much sifu koko.

gylai90

97 posts

Posted by gylai90 > 2017-04-03 18:45 | Report Abuse

company announcements dividend 0.63 sen /share, contract 17million awarded for high speed rail.

farinsight

128 posts

Posted by farinsight > 2017-04-03 21:26 | Report Abuse

HEB wishes to announce that its associate company, HSS Integrated Sdn Bhd ("HSSI"), has on 3 April 2017 been appointed by MyHSR Corporation Sdn. Bhd. as the Reference Design Consultant 05 (RDC05) for the Kuala Lumpur – Singapore High Speed Rail (“Contract”).



Information on the Contract

The Contract is for a period of 12 months with a value of RM17,888,181.85 (exclusive of goods and services tax) and is expected to commence within the second quarter of 2017. Pursuant to the exclusive teaming arrangement between HSSI and HEB’s wholly-owned subsidiary, HSS Engineering Sdn Bhd ("HSSE"), HSSI and HSSE will be collaborating exclusively to execute and complete the Contract.

farinsight

128 posts

Posted by farinsight > 2017-04-03 21:27 | Report Abuse

The Board of Directors of HEB is pleased to recommend a single tier final dividend of 0.63 sen per ordinary share in respect of the financial year ended 31 December 2016. The declaration of the single tier final dividend is subject to the approval of the Company's shareholders at the forthcoming Annual General Meeting of the Company.

farinsight

128 posts

Posted by farinsight > 2017-04-03 21:28 | Report Abuse

wah, double good news!

Posted by HandOfMidas > 2017-04-03 22:09 | Report Abuse

it's triple good news!!!

Posted by HandOfMidas > 2017-04-03 22:09 | Report Abuse

short term can fly to rm1 in no time. mid-long term 1.2-1.4 :D

paperplane2016

21,667 posts

Posted by paperplane2016 > 2017-04-04 00:07 | Report Abuse

Walao. Sifu koko8888. Must follow tight now onwards. Must sapu every shares he said.

John Lu

5,187 posts

Posted by John Lu > 2017-04-04 00:08 | Report Abuse

Koko another call bjcorp not yet move...sai lang?

paperplane2016

21,667 posts

Posted by paperplane2016 > 2017-04-04 00:15 | Report Abuse

Haha. Small stocks easy to pump . Gigantic giant bjcorp. Hard

Posted by projecti2016 > 2017-04-04 08:43 | Report Abuse

wow today continue fly up.

gohky87

586 posts

Posted by gohky87 > 2017-04-04 09:01 | Report Abuse

good morning all :)

ran777rpt

2,945 posts

Posted by ran777rpt > 2017-04-04 12:04 | Report Abuse

Great, triple good news

Pavillion

3,100 posts

Posted by Pavillion > 2017-04-04 12:29 | Report Abuse

If they can get to do the initial designing, they can get lot more.....various jobs.....both project will start simultaneously will be perfect run ....with transfer to main market.

deric123

181 posts

Posted by deric123 > 2017-04-04 16:47 | Report Abuse

looks like not so good end to the day after all..

Posted by geoffreylee > 2017-04-04 17:22 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=962910
Propose transfer to main market

farinsight

128 posts

Posted by farinsight > 2017-04-04 22:03 | Report Abuse

On behalf of the Board of Directors of the Company (“Board”), M&A Securities Sdn Bhd wishes to announce that HEB proposes to undertake the following:

Proposed transfer of the listing of and quotation for the entire issued share capital of the Company from the ACE Market to the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Proposed Transfer”); and
Proposed amendments to the Articles of Association of the Company to facilitate the implementation of the Proposed Transfer (“Proposed Amendments”).
The Proposed Transfer and Proposed Amendments are collectively referred to as the “Proposals”.

Further details of the Proposals are set out in the attachment.

This announcement is dated 4 April 2017.

farinsight

128 posts

Posted by farinsight > 2017-04-04 22:11 | Report Abuse

EX-date 03 May 2017
Entitlement date 05 May 2017
Entitlement time 05:00 PM
Entitlement subject Final Dividend
Entitlement description Single tier final dividend of 0.63 sen per ordinary share for the financial year ended 31 December 2016
Period of interest payment to
Financial Year End 31 Dec 2016
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,
No. 8, Jalan Kerinchi
59200 Kuala Lumpur
Tel:0327839299
Fax:0327839222
Payment date 31 May 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 05 May 2017

Posted by HandOfMidas > 2017-04-04 23:36 | Report Abuse

just hold tight. more and more projects will be announce soon tp rm1 fir short term and rm1.2 for mid-long term :)

gohky87

586 posts

Posted by gohky87 > 2017-04-05 08:45 | Report Abuse

Good morning guys, need advice if the share move from ACE market to Main Market. Should we sell first then buy back after transfer complete?

Posted by geoffreylee > 2017-04-05 09:05 | Report Abuse

c how SALUTE price b4 n after move to main market

gohky87

586 posts

Posted by gohky87 > 2017-04-05 09:11 | Report Abuse

@geoffreylee sorry bro u need tell me because I'm not familiar with SALUTE. Kinda still learning stuffs :)

gohky87

586 posts

Posted by gohky87 > 2017-04-05 09:39 | Report Abuse

Nicely going up after the news of dividend and proposed transfer to main market.

IBanker

159 posts

Posted by IBanker > 2017-04-05 09:52 | Report Abuse

keep buy and hold tight! more 'catalysts' are coming. 1.6 near term. keep my words.

Posted by smartInvestor1 > 2017-04-05 10:06 | Report Abuse

Fulamak.. hold tight.. tq sifukoko

stockkids

132 posts

Posted by stockkids > 2017-04-05 10:21 | Report Abuse

@gohky87, i guess SALUTE is refers to another counter SALUTICA BERHAD. correct me if i am wrong.

Posted by nojokehere > 2017-04-05 10:27 | Report Abuse

Yes, salute is salutica berhad

gohky87

586 posts

Posted by gohky87 > 2017-04-05 10:38 | Report Abuse

Right, thank you for the info guys ;)

Posted by projecti2016 > 2017-04-05 13:10 | Report Abuse

transfer to main will boost price. I am holding salute still even after it retraced back after surge at main board.

gohky87

586 posts

Posted by gohky87 > 2017-04-05 13:20 | Report Abuse

@projecti2016 thanks for the Info too :)

zhangliang

728 posts

Posted by zhangliang > 2017-04-05 13:56 | Report Abuse

lets go... Aim TP RM1

Posted by MakeMoney111 > 2017-04-05 14:46 | Report Abuse

TP RM1 too low. Will go beyond that 100%

Posted by damiantankw > 2017-04-05 15:26 | Report Abuse

buy buy buy

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