Just for your knowledge

After joining the PN 17 club

Bursa will issue a-->First announcement

Subsequent a PN 17 company is required every month to issue ---> Monthly Announcement

When a PN 17 company is coming out of PN 17 and has a regularisation plan in had, it will issue a ---> Requisite announcement

For those that may be interest in KPJ...

KPJ HEALTHCARE BERHAD (KPJ or COMPANY)
- PROPOSALS
This announcement is dated 1 October 2009.
On behalf of the Board of Directors of KPJ (Board), AmInvestment Bank Berhad (a
member of AmInvestment Bank Group) (AmInvestment Bank) wishes to announce that
the Company proposes to undertake the following proposals:-
Proposed share split involving the subdivision of every existing one (1)
ordinary share of RM1.00 each in KPJ into two (2) ordinary shares of RM0.50
each (Shares) in KPJ held by the entitled shareholders of the Company on an
entitlement date to be determined and announced later (Proposed Share Split);
Proposed bonus issue of up to 105,525,308 new Shares (Bonus Shares), to be
credited as fully-paid up by the Company, on the basis of one (1) Bonus Share
for every four (4) Shares held by the entitled shareholders of the Company
after the Proposed Share Split on an entitlement date to be determined and
announced later (Proposed Bonus Issue); and
Proposed issue of up to 131,906,635 free warrants in KPJ (Free Warrants) on the
basis of one (1) Free Warrant for every four (4) Shares held by the entitled
shareholders of the Company after the Proposed Share Split and Proposed Bonus
Issue on an entitlement date to be determined and announced later (Proposed
Free Warrants Issue).
The Proposed Share Split, Proposed Bonus Issue and Proposed Free Warrants Issue
shall collectively be referred to as Proposals. The Proposals are
inter-conditional.
Kindly refer to the attachment for further details.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com .

from stage 2 to 3, how long does it take normally? depending on the PN17 company?

for Oilcorp case, i see it puts there, they have 11 months to submit the Regularisation Plan...

Type : Announcement
Subject : RESIGNATION OF CHIEF OPERATING OFFICER



Contents : LCL Corporation Berhad ("the Company") wishes to inform that Mr Michael Tan Jin Sun has tendered his resignation as Chief Operating Officer of the Company and his resignation shall take effect from 31 October 2009.




Announcement Details :









© 2009, Bursa Malaysia Berhad. All Rights Reserved.

1yr from the date of first announcement to submit regularisatiion plan.

(although u will also see that Bursa requires a PN 17 company to submit a regularisation plan within the 1st 3 months of the first announcement to state whether there is a significant change in business direction or policy bla bla)

----

If u look at Ho Hup constructions

u will see they join the club 31st July 2008, they are due to submit thier reg plan this coming 31st Oct 2009.

If i remembered clearly, HoHup intends to exit PN 17 1Q 2010 TheStar BTimes published an article abt it.

Ho Hup confident of PN17 exit by early 2010

btw links broken, dont bother
----

If u really want to knopw more, try this... i wrote an article on PN 1 & 17(Main), GN 3(ACE)... some really heavy stuff.

http://forum.lowyat.net/topic/1172812

This post has been edited by aurora97: Oct 1 2009, 05:38 PM

Walau... This threat really informative and also some is funny especially
(OILCRAP jokes)

---

Added on October 1, 2009, 5:40 pmHope SAAG, LIONDIV will not fall into this crap jokes

This post has been edited by yang yang: Oct 1 2009, 05:40 PM

Anyone else have the Tanjong PLC research report? OSK puts the TP as Rm18.60 .

I believe LionDiv was a result of regularisation plan.. meaning they fell into PN 4 (now a.k.a PN 17)

btw i think older folks might know abt this... i am not very familiar with Lion.

---

Added on October 1, 2009, 5:57 pmPN 4 versus Pn 17

http://www.kampunginvestor.com/pn4-vs-pn17/

This post has been edited by aurora97: Oct 1 2009, 05:57 PM

I wonder if Sunny Ng sits on the board.....

OMG

Looks like the condition is bad in LCL

There goes my 15K units there

so this is why the stock keep going down. must be sumthing cooking at the back

US Unemployment Claims data in 5 minutes. This is major market mover.

Forecast Previous
532K 530K

SAAG keep falling. the seychelles guys already dump 66.6 million shares at the open market in Sept 09 alone after acquiring 117 mill in August. and they still have another 55 mill in their hand

i'm going to consider this counter after the seychelles guys disposed all their holdings

551K, bad data. DJIA will open negative again!

where u got the news ? i dont know how is it .. they got weekly unemployment rate, and monthly... so many :S

Bad for us, but good for you lar!
Time for you to sapu kau kau!

NEW YORK (CNNMoney.com) -- The number of first-time filers for unemployment insurance jumped last week, according to a government report issued Thursday, with the increase exceeding economists' forecasts.

There were 551,000 initial jobless claims filed in the week ended Sept. 26, up 17,000 from an upwardly revised 534,000 the previous week, the Labor Department said in a weekly report. (Bad news)

A consensus estimate of economists surveyed by Briefing.com expected 535,000 new claims.

The government said 6,090,000 people filed continuing claims in the week ended Sept. 19, the most recent data available. That's down 70,000 from the preceding week's ongoing claims. (Good news?)

This post has been edited by claricecmw: Oct 1 2009, 08:49 PM

but din see euro countries big drop yet ...

So, this is the beginning of the Oct Myth?

Got it from Forex website, they update 1 minute after the Official Data Released.

Checking EUR/USD and GBP/USD - not much movement. I guess later when Mr.BB start talking.

9:00am Fed Chairman Bernanke Testifies
10:00am ISM Manufacturing PMI
10:00am Pending Home Sales m/m

These 3 are critical to move USD vs major pair and will impact DJIA and later will impact KLSE.