Thursday, December 29, 2016

激成--RSPO 被取消。。。。。。。

KECK SENG (MALAYSIA) BERHAD

TypeAnnouncement
SubjectOTHERS
Description
KECK SENG (MALAYSIA) BERHAD (KSM or the Company)
SUSPENSION OF ROUNDTABLE SUSTAINABLE PALM OIL (RSPO) P&C  (2013), MY-NI (2014) AND RSPO SCCS (2014) FOR PALM OIL MILL CERTIFICATION UNDER INTERTEK CERTIFICATION INTERNATIONAL SDN BHD (CB) / ACCREDITATION SERVICES INTERNATIONAL (AB)
Pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of KSM would like to announce the suspension of the above mentioned RSPO Certificate for a period of 60 days effective from 30 December 2016.
The suspension was primarily due to inadequacies in providing Estate contour maps for RSPO auditing purposes.
KSM has taken immediate action to rectify the matter to lift the suspension soonest.
The Company will update any further development on the matter in due course.
This Announcement is dated 30 December 2016.




Announcement Info

RM6000 INCOME TAX DEDUCTION WILL BE ENDED BY 2017??????????

Net saving in SSPN’s scheme (with effect from year assessment 2012 until year assessment 2017)



 6,000 (Limited)

............2017....NO MORE......??


SO THIS YEAR WILL BE THE LAST.................................................................................................?????????


Deferred Annuity and Private Retirement Scheme (PRS) – with effect from year assessment 2012 until year assessment  2021



 3,000 (Limited)


THIS  ONE  UNTIL 2021.....ANOTHER 4 YEARS ???????

中东的乱七八糟。。。。。。美国过去一直想坐收渔人之利, 结果成为了 伊斯兰极端分子(也可能是不同派系).....的对付目标。。。美国人变成过街老鼠,人人喊打。。。。。中东根本不能够玩双面政策。。。。一定撞板。

Flash points like Syria to the north and Yemen to the south quickly intensify. Even a weakened ISIS does not bring about much encouragement in Iraq. That merely allows the Saudi-backed Sunni and Iranian-backed Shiite domestic disagreement to unravel Iraq.
The other main Iraqi ethnic division – the Kurds currently inhabiting the autonomous region of Kurdistan in the northeast of the country – will formally declare independence in the face of such instability.
In turn, Kurdish populations in eastern Turkey, southeastern Syria, and northeastern Iran will then create escalating problems for those three countries, as their borders come under renewed assault.
A similar sectarian problem has been festering in the tiny state just to the north of the UAE: Bahrain. There a Sunni royal household has been at odds with a Shiite majority population. The popular unrest has been intensifying – with Iranian support.
Meanwhile, Saudi military forces are ready to move across the King Fahd Causeway connecting the island nation to the mainland Arabian Peninsula to support Bahrain’s Sunni government.

中东的派系太多, 美国支持沙地狲倪派,排挤伊朗等的SHIITE派。。。。

最后, 美国自己搞死自己, 几边不太好, 成为伊斯兰教极端分子的敌人。。。。。美国人成为目标。。。再过百年。。。美国人还是要出门怕怕。。。。随时有天惊石破。。。。企图在中东老油水。。。今天的美国就是悲剧。。。美国人去到那里。。。都要怕怕。。。。出门要非常小心。。。。
会死得不明不白。。。。。。。。。。。。。


因此说, 这是火药库

In short, this entire region is a tinder box. And one needs to be careful not to add to the kindling – for their sakes, our sake, and, of course for the sake of oil price stability.
美国人, 美国投资家。。。。都认为,

是时候


It’s for precisely this reason that investors would be well-advised right now to look at domestic U.S. shale companies, rather than Middle Eastern oil players.
看自家的石油, 发展本身的石油公司。。。页岩油。。。公司。。。才说上上之策。。。。。。

因此, 油价再起。。。。美国石油公司。。。。就大发财。。。

只要到USD 58

就发大财

中国台湾可以把战备石油卖掉30%。。。。

58 卖 30%

68 卖多 10%

78% 再卖 10%
保留50% 战略石油就够了。。

未来战争, 用到石油机会不多, 一粒飞弹

一粒核子弹。。。

保留太多战略石油是傻瓜。。。

以为是二战咩。。。。

再买进美国页岩油公司, 投资在页岩油公司。。。。大发财

现在也是中国台湾公司买进美国页岩油股票, 包括股权的时候了


是大发财的机会。。。。。

抢页岩油公司, 就在此刻

keep your bonus in bank---pbb......earn more profit

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Wednesday, December 28, 2016

HP.....................HOLLAND PASSANGE............HP电脑。。。。难道带你去荷兰。。。。。。。。。。。。。把你玩到残。。。。

ON 25/12/2016 I BOUGHT HP SLIMLINE260-P025D AT LOW YAT PLAZA THUNDER MATCH .........INVOICE 014LYG5478244......... AND PROBLEM OCCUR..AFTER START THE COMPUTER..AND DON'T USE FOR ONE HOUR, THEN THE COMPUTER "RESTARTING"...............THE SCREEN JUST SHOWING RESTARTING....................DRIVE ME CRAZY.............I THINK MAY BE THIS HP PRODUCT IS LOUSY AND INFFERIOR.......... WHY SUCH TOTALLY NEW PRODUCT GOT SUCH IRRITATING PROBLEM AND RUIN THE BRAND OF HP....NO ANY CONFIDENT ON HP..NO MORE, AT ALL

2016年4月。。。关丹面粉被起诉。。。。一百三十七万美元。。。。

MATERIAL LITIGATION KUANTAN FLOUR MILLS BERHAD (" the Company" or "KFM") Kuala Lumpur High Court Guaman No. 22NCC-46-03/2015 LH Asian Trade Finance Fund Ltd ( "LH") v Kuantan Flour Mills Berhad ( "KFM") S218 Notice

KUANTAN FLOUR MILLS BHD


Type Announcement
Subject MATERIAL LITIGATION
Description
KUANTAN FLOUR MILLS BERHAD (" the Company" or "KFM") 
Kuala Lumpur High Court Guaman No. 22NCC-46-03/2015
LH Asian Trade Finance Fund Ltd ( "LH")  v  Kuantan Flour Mills Berhad ( "KFM") 
S218 Notice
Further to our announcement dated 26th June 2015,  the Board of Directors of KFM wishes to inform that, on 20 April 2016, the Company via its solicitor, received a copy of the 218 Notice dated 19th April 2016 filed by LH Asian Trade Finance Fund Ltd via its solicitor, Messrs. Skrine claiming for a sum of USD1, 372,473.61.


The Company had engaged its solicitor to defend the above claim. Nevertheless, we shall continue to engage with LH Asian Trade Finance Fund Ltd for an amicable solution.
This announcement is dated 21st   April  2016.



very very risky



It saw renewed hopes of a regularisation plan from the Practice Note 17 (PN17) company after it signed a MOU with Lotus Essential Sdn Bhd. Lotus is a company involved in the trading of steam coal, corn and tapioca starch.

The parties are desirous to enter into a contract manufacturing and offtake agreement for the provision of flour milling activities by KFM to Lotus [Essential]; and consider a strategic investment by Lotus [Essential] into KFM.

As part of its proposal to restructure its debt and reconstruct its business, KFM proposes to carry out an equity fundraising exercise via a rights issue and special issue of its shares, besides collaborating with Lotus Essential to carry out flour milling activities and trading of flour and food-related products.

On Dec 13 2016, KFM applied to Bursa Malaysia for a six-month extension of the deadline to submit its regularisation plan.

KFM had been reporting losses over the past few years and was classified as a PN17 company on Dec 28 2015.

For the financial year ended Sept 30, 2016, it reported a net loss of RM12.09 million on revenue of RM3.92 million, as against a net loss of RM16.85 on revenue of RM24.86 million a year earlier.

Lotus Essential posted a net profit of RM217,024 on revenue of RM27.38 million for the financial year ended April 30, 2015. Its current assets stood at RM12.13 million, while its current ratio was 1.06, indicating the strength of its current assets.

KSM has received two summons totalling RM235,232.10 from two companies which had provided it with services. Gebeng Tyres & Services Sdn Bhd (GTS) had in a letter dated Dec 20 filed a writ of summons and statement of claim for a sum of RM161,182.10 with an interest of 5% per year on the amount.

Meanwhile, DPO Malaysia Sdn Bhd, which provides services for the food industry, issued KFM a writ of summons and statement of claim on Dec 15 for a sum of RM74,050. The summons also included interest on the sum at the rate of 18% per year from May 15, 2015 and interest on the judgement sum at the rate of 5% per year.

In both cases, KFM is required to file a memorandum of appearance in court within 14 days from the date of service from the writs. Save for the outstanding payment sums due and legal costs in defending against the writs, the company is not expected to incur any further losses arising from the writs.




MAXIS 也起诉 关丹面粉

KUANTAN FLOUR MILLS BERHAD (" the Company" or "KFM") Kuala Lumpur Magistrates Court Summons No: WA-A72NCVC-4935-11/2016 -Writ of Summons and Statement of Claim filed by Maxis Mobile Services Sdn Bhd (Formerly known as Malaysian Mobile Services Sdn Bhd) ("Maxis Mobile" or" the Plaintiff") against KFM Marketing Sdn Bhd ("KFMM" or the "Defendant"), a wholly owned subsidiary of KFM

KUANTAN FLOUR MILLS BHD


Type Announcement
Subject MATERIAL LITIGATION
Description
KUANTAN FLOUR MILLS BERHAD (" the Company" or "KFM") 

Kuala Lumpur Magistrates Court Summons No: WA-A72NCVC-4935-11/2016 
-Writ of Summons and Statement of Claim filed by Maxis Mobile Services Sdn Bhd (Formerly known as Malaysian Mobile Services Sdn Bhd) ("Maxis Mobile" or" the Plaintiff") against KFM Marketing Sdn Bhd  ("KFMM" or the "Defendant"), a wholly owned subsidiary of KFM
The Board of KFM wishes to inform that KFMM, a wholly owned subsidiary of KFM, had on 14 November 2016 received a Writ of Summons and Statement of Claim dated 25 October 2016 from Messrs. Francis Pereira & Shan.
(1)   Date of receipt of the Writ of Summon and Statement of Claim ("the Writ")
Both the Writ of Summons and the Statement of Claim were served on KFMM vide Messrs. Francis Pereira & Shan, being the solicitors for Maxis Mobile via a letter dated 8 November 2016 of which KFMM received on 14 November 2016.
KFMM is required to enter an appearance at the Court within 14 days from the service of this Writ.
(2)   The particulars of the claim under the Writ, including the amount claimed for and the interest rate
The claim pursuant to the Writ of Summons and Statement of Claim are as below:
(a)The sum of RM8, 729.75 being the amount owing by KFMM as at 25.07.2016
(b)Interest at the rate of 1.5% per month on the amount of RM8, 729.75 stated above and calculated from 25.07.2016 until the date of full settlement.
(c)Cost and any other relief that the Honorable court deem fit and proper.
(3)     Details of the default or circumstances leading to the filing of the Writ against KFMM
The circumstances leading to the filing of the Writ against KFMM was due to the fact that KFMM had failed to settle the outstanding payment sum for the rental of telephone lines service provided by Maxis Mobile to KFMM.
(4)     The financial and operational impact of the Writ on the Group
The Writ is not expected to have material financial and operational impact on the Group
(5)     The expected losses, if any, arising from the Writ
Save and except for the outstanding payment sum due and the legal cost in defending against the Writ, the Company is not expected to incur any further losses arising from the Writ.
(6)     Steps taken and proposed to be taken in respect of the Writ
KFMM is seeking the necessary legal advice to remedy this situation.
Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.
This announcement is dated 15 November 2016







Announcement Info

KUANTAN FLOUR 关丹面粉--官司不断。。。。。, 新年到。。。。追钱要快, 官司胜利还可以加多5% 以上的利息。。快快 。。其实所有的单据应该写上一个月后未支付,需要付8% 利息。。。。保障公司利益

KUANTAN FLOUR MILLS BHD


Type Announcement
Subject MATERIAL LITIGATION
Description
KUANTAN FLOUR MILLS BERHAD (" the Company" or "KFM") 

Kuantan Session  Court Summons No: A52-NCVC-48-12/2016 
-Writ of Summons and Statement of Claim filed by Gebeng Tyres & Services Sdn Bhd  ("GTS"  or "the Plaintiff") against KFM
The Board of KFM wishes to inform that  the Company had on 27 December 2016 received a Writ of Summons and Statement of Claim dated 20 December 2016 from GTS vides its solicitors.
(1)      Date of receipt of the Writ of Summons and Statement of Claim
          Both the Writ of Summons and the Statement of Claim were served on KFM vide GTS’s solicitors via a letter dated 20 December  2016 of which KFM received on 27 December             2016.
           KFM is required to file a Memorandum of Appearance in Court within 14 days from the date of service of this Writ.
(2)       Particulars of  claim under the Writ, including the amount claimed for and the interest rate
           The claim pursuant to the Writ of Summons and Statement of Claim is as below:
           (a)  The sum of RM161,182.10 being the amount owing by KFM;
           (b)  Interest at the rate of 5% per annum on the amount of RM161,182.10 stated above and calculated from 07.06.2016 until the date of full settlement.
           (c)  Cost and any other relief that the Honorable court deem fit and proper.

(3)       Details of the default or circumstances leading to the filing of Writ o Summons  against KFM
          The circumstances leading to the filing of  Writ  was due to a dispute on the total amount claimed by GTS.
(4)      The financial and operational impact of the Writ of Summons on the Group
          The Writ is not expected to have material financial and operational impact of the Group
(5)      The expected losses, if any, arising from the Writ
          Save and except for the outstanding payment sum due and the legal cost in defending against the Writ, the Company is not expected to incur any further losses arising from                 the Writ.
(6)     Proposed  steps to be taken in respect of the Writ
         KFM is seeking the necessary legal advice to remedy this situation.
Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.
This announcement is dated 28 December 2016






Announcement Info

Comp

KUANTAN FLOUR ----官司

KUANTAN FLOUR MILLS BHD


Type Announcement
Subject MATERIAL LITIGATION
Description
KUANTAN FLOUR MILLS BERHAD (" the Company" or "KFM") 
Kuala Lumpur Magistrates Court Summons No: WA-A72NCC-79187-12/2016 
-Writ of Summons and Statement of Claim filed by DPO Malaysia Sdn Bhd  ("DPO" or" the Plaintiff") against KFM
The Board of KFM wishes to inform that the Company had on 27 December 2016 received a Writ of Summons and Statement of Claim dated 15 December 2016 from DPO vides its solicitors.
(1)   Date of receipt of the Writ of Summons and Statement of Claim
       Both the Writ of Summons and Statement of Claim were served on KFM vide DPO’s solicitors via a letter dated 19 December 2016 of which KFM received on 27 December 2016.
       KFM is required to file a Memorandum of Appearance in Court within 14 days from the date of service of this Writ.
(2)   Particulars of the claim under the Writ, including the amount claimed for and the interest rate
      The claim pursuant to the Writ of Summons and Statement of Claim is as below:
      (a)    The sum of RM74, 050 being the amount owing by KFM;
      (b)    Interest on the amount outstanding / pending at the rate of 18% per annum from 15 May 2015 until the date of the judgment and interest on the judgment sum at the rate                       of    5% per annum from the date of judgment until full settlement;
      (c)    Cost and any other relief that the Honorable court deem fit and proper.
(3)   Details of the default or circumstances leading to the filing of Writ of Summons against KFM
       The circumstances leading to the filing of  Writ  was due to a dispute on the total amount claimed by DPO.
(4)   The financial and operational impact of the Writ of Summons on the Group
       The Writ is not expected to have material financial and operational impact of the Group
(5)  The expected losses, if any, arising from the Writ
      Save and except for the outstanding payment sum due and the legal cost in defending against the Writ, the Company is not expected to incur any further losses arising from the           Writ.
(6)  Proposed steps to be taken in respect of the Writ
      KFM is seeking the necessary legal advice to remedy this situation.
Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.
This announcement is dated 28 December 2016

Tuesday, December 27, 2016

股市无力。。。。。淡淡。。。(蛋蛋)

Image result for 大乳房











Photo published for Charlotte McKinney Nipping Out From The Cold | Supermilf



Charlotte McKinney Nipping Out From The Cold










Market Update 28.12.16 - Minimal window dressing is ongoing today with many heavyweights moving marginally upwards. Nothing has changed globally or domestically. Western markets are enjoying the holiday and festive holidays. Volume at KLCI is half of the normal daily average. Most counters are trading at a narrow band. The market will remain this way towards year end.




Monday, December 26, 2016

MUDAJAYA---huge debts......................and risky

Is There Leg To The Recent Rally?

Over the course of the year, its share has been beaten down heavily, tumbled from a 1-year high of RM1.470 per share in Jan-16 2016 to 1-year low of RM0.725 per share in end-Nov 16 2016.

As a construction company, this looks contradictory given most construction stocks have had a good run till end Nov 2016. However, the share price has rebounded sharply from the low and ended at a price of RM0.94 per share till 23 Dec 2016.

So What’s Going On?

Before digging deeper into reason behind the rally, let’s take a look at what has caused the share fallen so much on 16 Jan 2016. Observers reckon the huge losses incurred over the past 2 quarters (ended Sept 2016) and jittery on its upcoming (4QFY2016 ended Dec 2016) due of the current liabilities played a big part of it.

Taking a closer look at the quarterly result ended 30 Sep 2016, the management team has highlighted 2 major reasons: 1) Poor cost management on its construction projects has resulted in operating losses for the segment despite a huge jump in revenue and 2) Equity accounting of losses from associates in India (company which operates the power plant) as well as impairment of the Philippines wind farm related investment.

For the former, not much details have been provided (eg. high foreign labor cost, penalty because of delay etc), hence it is hard to know whether it is going to be a one-off  event or otherwise.

As for the latter, the impairment of the Philippines wind farm related investment means that this investment has most likely failed and will not be able to generate earnings in the future (it has never generated any earnings yet as it is still in its construction stage), but one thing to note is that this is a mark to market losses with no impact on actual cash flow hence funding.

Similarly, equity accounting of losses from associates in India is also a form of non-cash expense, reflecting the estimated depreciation of unit 1 & 2 and interest expense that could not be capitalized after commercial operation date (COD) set by the government. The COD is defined as the date after which all testing and commissioning has been completed and is the initiation date to which the seller can start producing electricity for sale (i.e. when the project has been substantially completed).

Furthermore, there are also lingering uncertainties on the repayment of RM240 million of MTNs due on 23 January 2017 and the group’s weak YTD Sep 2016 performance as highlighted by the RAM Ratings. This is reflected via its staggering high level of current liabilities.

Is It All Doom and Gloom For Mudajaya Then?

If all of these looks so gloomy for Mudajaya, investors might be scratching their head why is there a rally in the share price lately? Here’s are something that the existing shareholders should be cheerful about:

1) Indian associatesWhile we are not too sure whether these expenses (depreciation and interest) will persist moving forward, the good news is that the long waited power plant can start to contribute positively to the revenue of the company as a 25-year power purchase agreement for its Unit 1 has been signed in March 16 2016.  The negotiation for the PPA for Unit 2 was in progress and was expected to be concluded soon.

There is also rumour on the sales of the 26% stake in this Indian associates once the construction for power plant completed, which could be a boon to share price as the market has been quite pessimistic on this venture.

2) Concern on debt repayment: Mudajaya had entered into a subscription agreement with Sun Hung Kai Investment Services Limited (SHK) to underwrite the proposed issuance of US$60 million of MTNs (Series 1) under the Group’s US$200 million Euro MTN programme (EMTN). Series 1 is expected to be issued by end-December 2016, and a part of the proceeds will be used to facilitate the redemption of the RM240 million of MTNs due in January 2017.

Besides that, Mudajaya Corporation Berhad, a wholly-owned subsidiary of Mudajaya Group Berhad has also secured a term loan facility of USD50 million (equivalent to approximately RM223.8 million) from United Overseas Bank (Malaysia) Bhd for general corporate purposes including the redemption of Sukuk Programme. These new fundings should be sufficient to cover most of the debt repayment in the near term.

3) New contracts bagged: Mudajaya Corporation Berhad has won 3 large scale contracts in just 1 month time- (1) the development of a Large Scale Solar PV Plant (LSSPV) of 49.00 MWa.c. on Build-Own-Operate basis at Sungai Siput, Kuala Kangsar, Perak with a contract value of RM270 million over the span of 18 months, (2) construction and completion of viaduct guideway and other associated works from Universiti Putra Malaysia to Taman Pinggiran Putra in Putrajaya (KVMRT Package V207)with a contract value of RM560 million over the span of 56 months and (3)the construction and completion of Package 2 (Ayer Itam to Lebuhraya Tun Dr. Lim Chong Eu By-Pass) of Penang Major Roads and Third Link Project in the State of Penang with a contract value of RM810 million over the span of 36 months. These contracts in total sum up to RM1.6 bil, which is a huge amount for a company with a market capitalization of RM507 million.

注意, 有关光伏发电厂(LSSPV),是要自己拿钱来建, 不明白写成好像是拿到工程,非常误导, 非常误导性。MUDAJAYA 要拿出几亿令吉来建。。。。满是债务的成荣还贪心。。。印度发电厂已经不是一波三折, 是三波九折。。。搞到满身债务。。。。还乱七八糟。。。证券委员会应该设立研究组研究这个印度投资, 搞到什么样了。。。。。。。。

我就提过, 之前一位朋友和中国公司, 就有一项类似的计划, 要4亿令吉。是给你这个计划, 是要拿钱来建, 要至少四亿令吉。。。。。

看华文报章的新闻, 以为是拿到发电厂PROJECT, 那是不对,不实的。

现在你看是BUILD, OWN, OPERATE ..就是兴建, 拥有及操作(运作)。。。。当然是自己出钱, 是自己的工程。。。。。。2亿7千万令吉。。。。。自己去找钱。。。。看上面的大量贷款。。。。。一单到期, 又再借钱。。。没完没了。。。。实在可怕。


新闻解读:




政府积极推动再生能源电力业发展,能源委员会今日一口气释出4项太阳能发电厂合约,总发电量达159兆瓦。
(吉隆坡21日讯)政府积极推动再生能源电力业发展,能源委员会今日一口气释出4项太阳能发电厂合约,总发电量达159兆瓦。
总发电量159兆瓦
根据文告,得标公司分别是国家能源(TENAGA,5347,主板贸服组)、马拉科夫(MALAKOF,5264,主板贸服组)财团、成荣集团(MUDAJYA,5085,主板建筑组)和综合通运(ILB,5614,主板贸服组)。
国能表示,已接获能源委员会发出的中标通知,将在雪兰莪瓜拉冷岳建造产能50兆瓦的发电厂,正式意向书将在双方完成洽商后发出。
马拉科夫指出,将联手多元资源工业环境服务公司(DHES),以51%和49%持股比例,在霹雳丹绒马林的200英亩土地建造产能50兆瓦的发电厂,预期2018年7月1日投运,电供期限为21年。DHES为多元资源工业(DRBHCOM,1619,主板工业产品组)独资子公司。
成荣集团公布,已获得2亿7000万令吉的霹雳瓜拉江沙发电厂合约,预期将在明年2月签约,并在18个月内完成产能49兆瓦的发电厂。
此外,综合通运(ILB,5614,主板贸服组)宣布,属下IL太阳能公司已经标得发电厂计划,将在吉打黑木山建造产能10兆瓦的发电厂。

Thursday, December 22, 2016

HSS ENGINEERS --kali ini teruk, teruk lah HSSI 这次 很。。。麻烦。。。。6千5百万。。。。。


TypeAnnouncement
SubjectOTHERS
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 EW02: Site Preparation, Earthworks and Main Drainage (Airside)
The Board of Directors of the Company wishes to announce that HSSI (an associate company of the Company) has received a Notice of Arbitration dated 22 December 2016 (“Notice of Arbitration”) from MAHB in relation to the MOA.

Particulars of the claim
MAHB is claiming a sum of RM64,617,267.17 for an alleged breach of the MOA between MAHB and HSSI.

The steps taken and proposed to be taken by HSSI
HSSI has taken steps to seek the basis for the alleged claim and supporting documents from MAHB in relation to the same. Until the date of this announcement, MAHB has failed to provide the supporting documents sought by HSSI. In the circumstances, HSSI is of the view that the alleged claim is unsubstantiated and without merit and have denied and refuted the same.

Further, the Company and HSSI are of the view that the Notice of Arbitration is premature given MAHB and HSSI are in an ongoing mediation as required pursuant to the MOA. HSSI shall take all necessary steps to defend and safeguard HSSI’s interests in the arbitration proceedings, including but not limited to seeking legal advice on the merits of the claims and whether the commencement of arbitration by MAHB is premature or wrongful given the ongoing mediation proceedings.

Financial Impact
HSSI was required to hold a professional indemnity insurance policy to the satisfaction of MAHB. Pursuant to the terms of the MOA, the Board is of the view that HSSI’s liability may be limited to the amount covered by the professional indemnity insurance policy which was submitted to MAHB.

The Board is also of the view that this will not have any material impact on the Company's order book and future earnings.

The Company will make the necessary announcements on material developments of the above matter as and when necessary.

This announcement is dated 22 December 2016.

马股熊气弥漫

马股熊气弥漫



美国国内生产总值公布在即,加上投资者眼看圣诞佳节已近,纷纷提前离场,马股周四以1629.03点开盘后,便保持低迷走势,尾盘多只蓝筹股被抛售,导致综指急速下滑,终场下挫6.39点或0.39%,以1623.20点挂收。

ALREADY ONE MONTH FGV STILL .................NOT REVEAL THE INVESTIGATION REPORT


TypeReply to Query
Reply to Bursa Malaysia's Query Letter - Reference IDIQL-23112016-00001
SubjectFraud in FGV
Description
Article entitled Fraud in FGV appearing in the StarBiz dated 23 November 2016
Query Letter Contents
We refer to the media article entitled “Fraud in FGV” appearing in the StarBiz dated 23 November 2016, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentences which are reproduced as follows:-
  1. “Felda Global Ventures Holdings Bhd (FGV) has discovered fraud in its 50%-owned unit in Turkey, which has incurred a stock loss of RM57 mil.”
  2. “We had started reviewing and communicating with management of the said subsidiary that suffered the stock losses in the third quarter. Subsequent to this, potential fraudulent acts were uncovered in the said subsidiary and these acts are currently a subject of forensic audit, Zakaria said.”
  3. “It is believed that the fraud was discovered in the middle of this year and that the matter is now the subject of a forensic investigation.”
  4. “The fraud entails the manipulation of stock figures and the forgery of signatures of board members,” a source said, adding that the units involved are Felda-Iffco Sdn Bhd and its unit Felda Iffco Gida Sanayi.




http://www.bursamalaysia.com/market/listed-companies/company-announcements/5267329


EPF SOLD ALL FGV SHARE---NOW WAITING SC AND MACC, INTEPOL TO INVESTIGATE TURKEY INVESTMENT SCANDAL AND "BIG TANGKAP"???


KUALA LUMPUR (Dec 23): Shares in Felda Global Ventures Holdings Bhd (FGV) fell 3.70% this morning after the Employees Provident Fund (EPF) said it no longer has any stake in FGV, as it assures members that the EPF practises high standards of corporate governance in its investments, with robust policies on risk control and asset allocation.

At 9.17am, FGV fell 6 sen to RM1.56 with 2.31 million shares traded.


KUALA LUMPUR (Dec 22): The Employees Provident Fund (EPF) says it no longer has any stake in Felda Global Ventures Holdings Bhd (FGV), as it assures members that the EPF practises high standards of corporate governance in its investments, with robust policies on risk control and asset allocation.



The statement issued today came following a blog post dated Dec 14, which has been widely circulated on social media, that questioned whether Felda would be able to pay off its RM6.5 billion loan from EPF, which was taken in 2010.

















YEN GLOBAL 去了荷兰

31 Oct 2016


 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Oct 2016
31 Oct 2015
31 Oct 2016
31 Oct 2015
$$'000
$$'000
$$'000
$$'000
1Revenue
6,085
5,803
6,085
5,803
2Profit/(loss) before tax
-1,842
-1,657
-1,842
-1,657
3Profit/(loss) for the period
-1,842
-1,657
-1,842
-1,657
4Profit/(loss) attributable to ordinary equity holders of the parent
-1,842
-1,657
-1,842
-1,657
5Basic earnings/(loss) per share (Subunit)
-1.34
-1.33
-1.34
-1.33
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END

Wednesday, December 21, 2016

http://oppasharing.com/?p=10403






step-1




cover-select-seat-free

SOLAR PHOTOVOLTAIC PLANTS PROJECT---MOSTLY HARD TO GET PROFIT.....................AND A BURDEN (any listed company get the project will die, need at least 5 years to break-even......not enough to pay interest.......)

According to the Sustainable Energy Development Authority (SEDA), the target for renewable energy generation should reach 2,080 MW or 11% by 2020. Including the PV Farms would have raised that target to 3,140 MW. However, as of 2016, generation from renewable energy is only 2%. Are we not giving the right emphasis for the promotion of Renewable Energy (RE) generation in Malaysia?According to SEDA, in 2015, a total of 128 projects in RE (RM1.37 billion) were approved where 84 are solar power energy projects, 33 biogas projects, 4 mini hydro and 7 biomass projects. Within the same year, a total of 31 projects in EE (RM406.5 million) were approved.



Question is, where has the money gone to and what improvement has it brought about to us? 


A notable observation is that while incentives had been given, the RE targets have failed to be realised as the prospective developers are unable to make their projects viable or raise the required project financing. The  Feed-in Tariff (FiT) are considered low and the subsidies given to fossil fuelled power  make RE less competitive. The current FiT in Malaysia (excluding solar; now using net energy metering) is at 0.05-0.10 USD/kWh as opposed to Indonesia at 0.13-0.22 USD/kWh, Philippines at 0.11-0.19 USD/kWh and Thailand 0.12-0.19 USD/kWh. 


Another incoherence is on the tender process for RE plants. Several solar power plant tenders have been awarded through direct negotiations and their terms and conditions were classified under the Official Secrets Act 1972.  


VVVVVVVV

这两三年,挂牌公司要找工程, 不容易。。。好料的,肯定没有你们的份。。

因此,只好在再生能源,也就是太阳能发电计划, 以及一马屋业(廉价房屋发展)下手。。。

可喜的事,不会太难拿到这些PROJECT。。。当然, 要花“水钱”、“人情”。。。

先说一个故事:

当然不能够讲得太明。。。啦

一家公司或者说一个商人朋友(为行文方便,这么说)。。。

指出;

一家公司和中国的大公司, 拿到一个太阳能发电计划,在北马(特别多),尤其是吉打。。。投资要5亿令吉。。。

好像是大发财的机会来了。。。。

钱那么大笔, 是一个问题LARGE CAPITAL INVESTMENT

还有技术。。。。TECHNICAL EXPERTISE


再生能源,关系到SEDA, 还有部长(沙巴那个被收编,摸头部长,老马年代还敢大声说话。。。如今。。。哎。。。。谈来谈去、、、、就是工程。。。。PROJECT)

其实, 首相和副首相都有一个权力批准
太阳能发电计划,因此,不一定是。。。。部长或SEDA。。。。


太阳能发电计划不难拿到。。。。。

申请太阳能发电计划的不只是政治人物,还有商家, 苏丹或皇室代理,也有申请。。。。。你看多么“HOT”

、、、、

PUC  拿到, 部长还出席, 股票就大起。。。。。。。

可惜, 老板还没有看到太阳能计划赚大钱, 就去“JUAL  TELUR MASIN”

。。。。

今天你看PUC 的股价。。。。天天最低。。。。


MUDAJAYA 刚拿了一个。。。。股票也起(当然,也因为其他原因)。。。

你注意它向香港新鸿基借一大笔钱。。。。(请自己查。。。谢谢合作)

当然, 利息也惊人、、、、、、


还有这个



Pursuant to Part C of Chapter 9, Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mudajaya Corporation Berhad ("MCB"), a wholly-owned subsidiary of Mudajaya Group Berhad, has secured a term loan facility of USD50 million (equivalent to approximately RM223.8 million) from United Overseas Bank (Malaysia) Bhd for general corporate purposes including the redemption of Sukuk Programme.


。。。。。。。。。。

一个太阳能发展计划, 至少五年都不能够回本, 那一大笔的贷款, 其实要人命。。。

那些拿了太阳能或再生能源发癫计划的。。。。。没有办法高兴的。


此外,不要忘记国能可以爽爽。。。修改支付计划。。。。国能不是省油的灯。。。

国能主席和部长是不和, 已经出面。。。。。很多分歧。。。。


所以, 那些拿到太阳能计划的。。。。简直是要命。

(个人也可以申请。。。请参考:


http://racheltew.blogspot.my/2016/12/blog-post_19.html


作者有提到个人申请的情况。。。。。)


VVVVVVVVV

正如拿到一马房屋计划的

也无法高兴,


赚幅低, 一些还是60巴仙股权吧了。。。

分分下, 渣都没有了。。。。


所以NEXGRAM, 拿了两三个一马房屋计划, 宣布当天。。。

早上起, 下午跌, 过后一直跌。。。。。

美全也拿到。。。。但是, 没有人看好。。。。

很简单, 赚不到钱, 最怕到时还收不到钱。。。。


今天你看到挂牌公司拿这个工程, 又拿那个工程,


没有用的, 现在国家穷到脱裤, 华小的拨款都吃掉。。。


你拿了几个PROJECT 。。。。有用咩。。。

MUDAJAYA 又怎样。。。。。。

债务那么多。。。。。。。。。。

。。。。

拖都拖死你啦。。。。。。。。。

。。。。。。。

PROJECT 没有太大意义的。。。。。

收到钱吗?

GKENT 拿到了不少工程。。。


你不需要买。。。。。


明年经济如何。。。。


政府都已经半条命,电视上一直讲自己多么为人民。一直在吹水, 吹到天花龙凤、桃花林风,车到爽爽

你就知道。。。。。



国家已经不幸了。。。。。不行了。。。。。。。


相信PROJECT  多少, 不如相信口袋的现金啦。。。。。


还去高价买股票。。。。。。。

千万不要搞到跳楼。。。。。。。

不要相信PROJECTSSSSSSSS....


觉醒吧。。。。。。。。。。。。。。。


看你如何过这个年。。。


不要梦想PROJECTSSSSSSSSSS


就是希望。。。。。。。。。。。。


一场游戏一场梦


(政治肩客、皇室肩客, 商业肩客。。。。都一直找挂牌公司、私人公司。。介绍太阳能发电计划、一马房屋计划。。。。。。傻傻的挂牌公司以为是发财机会, 其实就是中圈套, 自己挖洞埋自己啦。。。其实, 凡是有这两个计划的公司, 是罗(手字边)屎上身。。。)