$IWCITY(1589.MY$
Lin Ganghe: Hit the iron while it's hot
Lin Ganghe's corporate proposals are aimed at streamlining, restructuring, rationalizing, and merging the businesses and assets currently owned and controlled by him and his co-actors through various listed and unlisted companies, and integrating his direct shareholding in various companies.
These proposals will enable the expanded Excelsior to become one of the domestic public-private partnership (public-private partnership) groups involved in construction, real estate development, infrastructure, and planting.
Furthermore, these corporate activity proposals aim to reduce any potential conflicts of interest and speculation relating to Lin's interests as a major shareholder of the company. It would also eliminate many of the current recurring transfer pricing issues between related parties in transactions.
The first proposal involves the merger of the construction business of Roujian and Roujian. Roujian will acquire the entire share capital of Ekovest Construction Sdn Bhd (Ekovest Construction Sdn Bhd), a wholly-owned subsidiary of Ecovest Construction. Rou Jianshe plans to pay by issuing new shares of 60 cents per share.
The second proposal involves Excelsior's proposed acquisition of 4 parcels of land (approximately 17 acres) in Johor Bahru, which are intended to be used to develop 2 potential transport-oriented development projects (TOD) along the Johor Bahru - Singapore MRT system. Excelsior plans to pay TOD 2 and TOD 3 sellers through a combination of cash and the issuance of new Exacus shares (offering price of 60 cents per share)....
Lin Ganghe: Hit the iron while it's hot
Lin Ganghe's corporate proposals are aimed at streamlining, restructuring, rationalizing, and merging the businesses and assets currently owned and controlled by him and his co-actors through various listed and unlisted companies, and integrating his direct shareholding in various companies.
These proposals will enable the expanded Excelsior to become one of the domestic public-private partnership (public-private partnership) groups involved in construction, real estate development, infrastructure, and planting.
Furthermore, these corporate activity proposals aim to reduce any potential conflicts of interest and speculation relating to Lin's interests as a major shareholder of the company. It would also eliminate many of the current recurring transfer pricing issues between related parties in transactions.
The first proposal involves the merger of the construction business of Roujian and Roujian. Roujian will acquire the entire share capital of Ekovest Construction Sdn Bhd (Ekovest Construction Sdn Bhd), a wholly-owned subsidiary of Ecovest Construction. Rou Jianshe plans to pay by issuing new shares of 60 cents per share.
The second proposal involves Excelsior's proposed acquisition of 4 parcels of land (approximately 17 acres) in Johor Bahru, which are intended to be used to develop 2 potential transport-oriented development projects (TOD) along the Johor Bahru - Singapore MRT system. Excelsior plans to pay TOD 2 and TOD 3 sellers through a combination of cash and the issuance of new Exacus shares (offering price of 60 cents per share)....
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$BJCORP(3395.MY$
BJCORP (Berjaya Corporation Berhad) is vying for a barrier-free multi-lane rapid transit (MLFF) highway toll system project worth RM3.46 billion. This project aims to reduce congestion at highway toll gates by introducing automatic license plate recognition (ANPR) and radio frequency identification (RFID) technology to achieve a toll experience without physical toll lanes and obstacles
1, Anwar: MLFF Toll Project Must Follow Transparent Process] (https://soyacincau.com/2023/12/22/anwar-rm3-46-bil-mlff-highway-project-to-be-reviewed-must-adhere-to-transparent-process/)
2, RM3.46bil allocated for multi-lane free flow system at toll plazas | New Straits Times | Malaysia General Business Sports and Lifestyle...
BJCORP (Berjaya Corporation Berhad) is vying for a barrier-free multi-lane rapid transit (MLFF) highway toll system project worth RM3.46 billion. This project aims to reduce congestion at highway toll gates by introducing automatic license plate recognition (ANPR) and radio frequency identification (RFID) technology to achieve a toll experience without physical toll lanes and obstacles
1, Anwar: MLFF Toll Project Must Follow Transparent Process] (https://soyacincau.com/2023/12/22/anwar-rm3-46-bil-mlff-highway-project-to-be-reviewed-must-adhere-to-transparent-process/)
2, RM3.46bil allocated for multi-lane free flow system at toll plazas | New Straits Times | Malaysia General Business Sports and Lifestyle...
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After the Third Plenary Session of the 20th CPC Central Committee came to an end this week, the People's Bank of China (central bank) announced today (22nd) that the July 1-year and 5-year loan market quoted interest rates (LPR) will be lowered by 10 basis points to 3.35% and 3.85%, respectively.
China's “Securities Times” pointed out that this is the second time this year that mortgage interest rates have been cut due to LPR adjustments.
Yan Yuejin, research director of the “Yiju Research Institute”, said that the interest rate cut was a “double drop,” that is, LPR with a term of 1 year and 5 years or more has been reduced, which fully indicates that the interest rate cut is comprehensive. This has a positive effect on the use of funds in the short to medium to long term. According to the repayment method of 1 million loan principal and 30 years of equal principal and interest, monthly interest expenses will be reduced by 55 yuan, and total mortgage interest will be reduced by nearly 0.02 million yuan.
The People's Bank of China also announced that from now on, the 7-day reverse repurchase operation in the open market will use fixed interest rates and volume tenders, and the operating interest rate will be adjusted from 1.8% to 1.7%.
According to the Chinese media “Shanghai First Finance”, in addition to the adjustment of the bidding method, the interest rate for the 7-day repurchase operation in the open market fell to 1.7% from the previous 1.8%, the first adjustment since August 2023. According to market analysis, interest rates for 7-day reverse repurchase operations were lowered by 10 basis points, which is conducive to increasing financial support for the real economy.
The National Bureau of Statistics of China announced a few days ago that China's GDP for the second quarter grew 4.7% year over year, which was not as good as previously anticipated. Industry experts said that the People's Bank of China...
China's “Securities Times” pointed out that this is the second time this year that mortgage interest rates have been cut due to LPR adjustments.
Yan Yuejin, research director of the “Yiju Research Institute”, said that the interest rate cut was a “double drop,” that is, LPR with a term of 1 year and 5 years or more has been reduced, which fully indicates that the interest rate cut is comprehensive. This has a positive effect on the use of funds in the short to medium to long term. According to the repayment method of 1 million loan principal and 30 years of equal principal and interest, monthly interest expenses will be reduced by 55 yuan, and total mortgage interest will be reduced by nearly 0.02 million yuan.
The People's Bank of China also announced that from now on, the 7-day reverse repurchase operation in the open market will use fixed interest rates and volume tenders, and the operating interest rate will be adjusted from 1.8% to 1.7%.
According to the Chinese media “Shanghai First Finance”, in addition to the adjustment of the bidding method, the interest rate for the 7-day repurchase operation in the open market fell to 1.7% from the previous 1.8%, the first adjustment since August 2023. According to market analysis, interest rates for 7-day reverse repurchase operations were lowered by 10 basis points, which is conducive to increasing financial support for the real economy.
The National Bureau of Statistics of China announced a few days ago that China's GDP for the second quarter grew 4.7% year over year, which was not as good as previously anticipated. Industry experts said that the People's Bank of China...
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BossMaxx
voted
Columns The dollar and Asian stocks declined after Biden announced his withdrawal from the election (1)
The US dollar and Asian stock markets declined. Biden previously announced his withdrawal from the 2024 US presidential election and supported He Jinli to take over the fight.
Bloomberg US Dollar Spot Index $USD(USDindex.FX$The Mexican peso climbed as it fell 0.2% on Monday.
In the face of continuous pressure from within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November general election. The Japanese and South Korean stock markets opened lower, and the Australian stock market also weakened. Hong Kong stock index futures remained stable.
$Korea Composite Index(.KOSPI.KR$
$Nikkei 225(.N225.JP$
$S&P/ASX 200(.XJO.AU$
$Hang Seng Index(800000.HK$
The question facing investors is whether it is still necessary to stick to the Trump deal since Biden has given up his re-election campaign.
The market is likely to fluctuate greatly. Traders are waiting to see if He Jinli can be nominated by the party, and at the same time weigh whether she can gather enough momentum to challenge Trump's current leading position in the polls.
“People's subconscious reaction is that this is bad for the dollar, but it's still too early to draw conclusions,” said Olga Yangor, head of emerging market research and strategy at Crédit Agricole.
“This will largely depend on He Jinli's initial appearance, her choice of running partner, and swing state polls.”
On the commodities side, crude oil and gold prices rose in early trading.
Biden withdrew from the market...
Bloomberg US Dollar Spot Index $USD(USDindex.FX$The Mexican peso climbed as it fell 0.2% on Monday.
In the face of continuous pressure from within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November general election. The Japanese and South Korean stock markets opened lower, and the Australian stock market also weakened. Hong Kong stock index futures remained stable.
$Korea Composite Index(.KOSPI.KR$
$Nikkei 225(.N225.JP$
$S&P/ASX 200(.XJO.AU$
$Hang Seng Index(800000.HK$
The question facing investors is whether it is still necessary to stick to the Trump deal since Biden has given up his re-election campaign.
The market is likely to fluctuate greatly. Traders are waiting to see if He Jinli can be nominated by the party, and at the same time weigh whether she can gather enough momentum to challenge Trump's current leading position in the polls.
“People's subconscious reaction is that this is bad for the dollar, but it's still too early to draw conclusions,” said Olga Yangor, head of emerging market research and strategy at Crédit Agricole.
“This will largely depend on He Jinli's initial appearance, her choice of running partner, and swing state polls.”
On the commodities side, crude oil and gold prices rose in early trading.
Biden withdrew from the market...
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BossMaxx
liked
The whole country is working hard to cherish and push the Malaysian economy to take off for the second time
Malaysia is at a great time when the time and place are favorable. After the head of state takes the throne, all plans will be implemented more quickly.
Malaysians only need to follow in the footsteps of the government, maintain social stability, and national procedures to smooth the flow and flourish.
#大马城 #新隆高铁 #森林超市赌场
$BJCORP(3395.MY$
$BJLAND(4219.MY$
$EKOVEST(8877.MY$
$EKOVEST(8877.MY$
Malaysia is at a great time when the time and place are favorable. After the head of state takes the throne, all plans will be implemented more quickly.
Malaysians only need to follow in the footsteps of the government, maintain social stability, and national procedures to smooth the flow and flourish.
#大马城 #新隆高铁 #森林超市赌场
$BJCORP(3395.MY$
$BJLAND(4219.MY$
$EKOVEST(8877.MY$
$EKOVEST(8877.MY$
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BossMaxx
liked and commented on
BJ Corp..Traditiinal Super Giant Waiting BO to higher
nice setup for BJ Corp...if break 0.4...
Juara Sejati Sdn Bhd is wholly-owned subsidiary of Berjaya Corp Bhd (BCorp). It is also Major shareholder of Redtone.
Now Redtone Digital Bhd has acquired 8.4 million shares or 7.12% of Theta Edge Bhd from the open market for about RM13.93mil cash or average purchase price of about RM1.66 per share.
Theta Edge is principally engaged in the provision of information communication and t...
nice setup for BJ Corp...if break 0.4...
Juara Sejati Sdn Bhd is wholly-owned subsidiary of Berjaya Corp Bhd (BCorp). It is also Major shareholder of Redtone.
Now Redtone Digital Bhd has acquired 8.4 million shares or 7.12% of Theta Edge Bhd from the open market for about RM13.93mil cash or average purchase price of about RM1.66 per share.
Theta Edge is principally engaged in the provision of information communication and t...
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BossMaxx
liked
Greater Kuala Lumpur owes only the city of Malaysia and high-speed rail to become a world-class city
$EKOVEST(8877.MY$
As the capital of Malaysia, Kuala Lumpur has gradually become a world-class city through various large-scale projects and infrastructure construction in recent years. Here are some representative projects and facilities:
### Major Buildings and Landmarks
- **La Merdika 118**: This is the second-tallest building in the world and symbolizes the modernization and progress of Kuala Lumpur.
- **Trading Tower 106 at the Tun Lhasa International Trade Center (TRX) **: This is the core of the Kuala Lumpur financial district, attracting a large number of international businesses and financial institutions.
- **KLCC (KLCC) **: Includes the iconic Twin Towers, which is one of Kuala Lumpur's most famous landmarks.
- **TM Building**: Telekom Malaysia's headquarters is another landmark in Kuala Lumpur.
- **Monument Park**: This is a green area that provides a space for citizens to relax and unwind.
### Transportation Infrastructure
- **Light Rail Line 1 (LRT1) and extension line**: connects central Kuala Lumpur to the surrounding area.
- **Light Rail Line 2 (LRT2) and extension line**: The coverage of the light rail network has been further expanded.
- **Light Rail Line 3 (LRT3) **: Under construction, it will connect more emerging areas.
- **Kuala Lumpur Monorail**: Provides convenient transportation services to the city center.
- **KTM commuter car**:...
As the capital of Malaysia, Kuala Lumpur has gradually become a world-class city through various large-scale projects and infrastructure construction in recent years. Here are some representative projects and facilities:
### Major Buildings and Landmarks
- **La Merdika 118**: This is the second-tallest building in the world and symbolizes the modernization and progress of Kuala Lumpur.
- **Trading Tower 106 at the Tun Lhasa International Trade Center (TRX) **: This is the core of the Kuala Lumpur financial district, attracting a large number of international businesses and financial institutions.
- **KLCC (KLCC) **: Includes the iconic Twin Towers, which is one of Kuala Lumpur's most famous landmarks.
- **TM Building**: Telekom Malaysia's headquarters is another landmark in Kuala Lumpur.
- **Monument Park**: This is a green area that provides a space for citizens to relax and unwind.
### Transportation Infrastructure
- **Light Rail Line 1 (LRT1) and extension line**: connects central Kuala Lumpur to the surrounding area.
- **Light Rail Line 2 (LRT2) and extension line**: The coverage of the light rail network has been further expanded.
- **Light Rail Line 3 (LRT3) **: Under construction, it will connect more emerging areas.
- **Kuala Lumpur Monorail**: Provides convenient transportation services to the city center.
- **KTM commuter car**:...
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BossMaxx OP JL28168 : Isn't a callback just a good time to collect tickets?
BossMaxx OP : Good news, you got caught in minutes