Updates on PN17 Firms &Some Reasons For Firms being classified under PN17 (Practise Note No 17)

Major Reasons For Companies/Firms to Fail

Extracted from Bursa Saham Malaysia,the total PN 17 companies/firms:

(List updated as at 13 July 2010)  ARK RESOURCES BHD 1 AKN TECHNOLOGY BERHAD 2 AXIS INCORPORATED BERHAD 2 EVERMASTER GROUP BERHAD 2 FOUNTAIN VIEW DEVELOPMENT BERHAD 3 HAISAN RESOURCES BERHAD 3 HO HUP CONSTRUCTION BERHAD 2 [...]

PUBLIC LISTED COMPANIES,NSTP &SARAWAK ENERGY BHD GOING PRIVATE

Nowadays,there are plenty of news on public listed companies being taken private.[ click here for major reasons for going from public listed to private]

Append below in the month of October ,updates on two public listed companies which might goprivate:

MEDIA PRIMA BHD INTENDING TO TAKE NSTP PRIVATE

Media Prima Bhd is making [...]

Performance of Companies Listed in Bursa Saham Malaysia from 2007 to July 2009

Append below the three(3) securities that are recently listed in the Bursa.

Looks like the capital gain from such IPO is not consistent. Hence,for those first timer,do not assume that getting IPO are sure bet for profits or lottery struck. ( See tables below for year 2007 to end July 2009)

Poor markets [...]

3 rd Chinese Company To Be Listed on Bursa Saham Malaysia

XiDeLang is poised to be the third Chinese company to list on Bursa Malaysia after fellow shoe counterparts-Xingquan International Sports Holdings Ltd and Multi Sports Holdings Ltd.

However,the number of listing in Malaysia is very pathetic when compared to the Singapore counterpart,where more than 100 Chinese companies [...]

Malaysia IPO Listing

Statistics from Malaysia Bursa Saham’s website showed a decrease in new listing since 2006. (Table 1) As at 18 th August 2008,Malaysia has 982 listed companies:637 on Main Board;221 on Second Board and balance of 124 on Mesdaq Market

Table 1-Number [...]