T7 Global Berhad T7 Global No

Total Page:16

File Type:pdf, Size:1020Kb

T7 Global Berhad T7 Global No T7 GLOBAL BERHAD [REGISTRATION NO. 200401023809 (662315-U)] T7 GLOBAL T7 GLOBAL B ERHAD • A Making a Difference NNUAL R EPOR T 2020 C-16-01, Level 16, KL Trillion Corporate Tower, Block C T7 GLOBAL 338, Jalan Tun Razak, 50400, BERHAD Kuala Lumpur, Malaysia ANNUAL REPORT REGISTRATION NO. 200401023809 (662315-U) Tel : +603 2785 7777 Fax : +603 2785 7778 Email : [email protected] 2020 Website : www.t7global.com.my TABLE OF CONTENTS Who We Are, Vision, Key Senior Additional Compliance Mission & Philosophy .................. 001 Management Profile .................... 017 Information .................................. 047 Corporate Information ................. 002 Sustainability Statement ............. 020 Financial Statements ................... 052 Group Corporate Structure ......... 003 Audit and Risk Management Notice of Committee Report ...................... 026 Annual General Meeting .............. 176 What We Do ............................... 004 Statement on Risk Management Administrative Details for Five Years Financial Calendar and Internal Control .................... 028 the Annual General Meeting ........ 184 and Highlights ............................ 006 Corporate Governance Analysis of Shareholdings ........... 189 Chairman’s Statement ................ 007 Overview Statement .................... 032 List of Properties ......................... 193 Management Discussion and Statement on Directors’ Analysis’ Statement .................... 009 Form of Proxy Responsibility for Preparing the Directors’ Profile ......................... 013 Financial Statements .................. 046 001 AR 2020 WHO WE ARE T7 Global Berhad (known as “T7 Global” or “The Group”) is a public listed company listed on the Main Market of Bursa Malaysia Securities Berhad since 2005. The company has its roots in the oil and gas business since 1990 and is well known as an integrated oil and gas solutions provider. The Group’s experience in complex projects and innovative solutions proved to be invaluable in the increasingly challenging landscape. With decades of industry experience, this allows the Group to expand its footprint into the international markets and T7 Global has grown to become a trusted brand. The Group continues to expand business expertise and diversity into different portfolio such as aerospace and construction through strategic acquisitions and smart partnerships. T7 Global focuses on making a difference in the industries we serve. As a leading solutions provider in Asia, we offer support to industry and organisations around the world. VISION MISSION & PHILOSOPHY To be a trusted partner To support the different which make a difference industries we serve by on the global stage. becoming the preferred integrated solutions provider through continuous innovation, smart partnerships and value creation. www.t7global.com.my 002 T7 GLOBAL BERHAD REGISTRATION NO. 200401023809 (662315-U) CORPORATE INFORMATION BOARD OF DIRECTORS 1. Datuk Seri Dr. Nik Norzrul Thani 5. Admiral Tan Sri Dato’ Seri Panglima Ahmad Bin Nik Hassan Thani Kamarulzaman Bin Hj Ahmad Badaruddin (R) 2. Tan Sri Datuk Seri Tan Kean Soon, J.P. 6. CP (R) Dato’ Sri Wan Ahmad Najmuddin Bin Mohd 3. Tan Sam Eng 7. Tan Sri Dato’ Sri Koh Kin Lip, J.P. 4. Tan Kay Vin (Appointed on 2 September 2020) 8. Mohd Noor Bin Setapa (Resigned on 30 June 2020) COMPANY SECRETARIES AUDITORS/REPORTING Al Rajhi Banking & Investment ACCOUNTANTS Corporation (Malaysia) Berhad Chua Siew Chuan GF, Mezzanine & Basement, East Block (MAICSA 0777689) Grant Thornton Malaysia PLT Wisma Golden Eagle Realty (SSM PC NO. 201908002648) (Audit Firm No.: 201906003682 & AF: 0737) 142-C Jalan Ampang, Tan Loo Ee Level 11, Sheraton Imperial Court 50450 Kuala Lumpur (MAICSA 7063694) Jalan Sultan Ismail Wilayah Persekutuan, Malaysia (SSM PC NO. 201908002686) 50250 Kuala Lumpur Wilayah Persekutuan, Malaysia Tel : 03-2692 4022 REGISTRAR REGISTERED OFFICE Fax : 03-2732 1010 Tricor Investor & Level 7, Menara Milenium Issuing House Services Sdn Bhd Jalan Damanlela Unit 32-01, Level 32, Tower A PRINCIPAL BANKERS Pusat Bandar Damansara Vertical Business Suite, Avenue 3 Damansara Heights Malayan Banking Berhad Bangsar South, No. 8, Jalan Kerinchi 50490 Kuala Lumpur No. 2 Wisma Prima Peninsular 59200 Kuala Lumpur Wilayah Persekutuan, Malaysia Jalan Setiawangsa II Wilayah Persekutuan, Malaysia Tel : 03-2084 9000 Taman Setiawangsa Tel : 03-2783 9299 Fax : 03-2094 9940 54200 Kuala Lumpur Fax : 03-2783 9222 Wilayah Persekutuan, Malaysia Email : [email protected] Website : www.tricorglobal.com HEAD/MANAGEMENT OFFICE United Overseas Bank (Malaysia) Berhad C-16-01, Level 16, KL Trillion Level 7, Menara UOB STOCK EXCHANGE LISTING Corporate Tower, 338 Jalan Tun Razak Jalan Raja Laut, 50350 Kuala Lumpur 50400 Kuala Lumpur Wilayah Persekutuan, Malaysia Main Market of Wilayah Persekutuan, Malaysia Bursa Malaysia Securities Berhad CIMB Bank Berhad Tel : 03-2785 7777 Petronas Twin Tower Fax : 03-2785 7778 405, Persiaran Petronas STOCK INFORMATION 50088 Kuala Lumpur Wilayah Persekutuan, Malaysia Stock Name : T7GLOBAL Stock Code : 7228 Bloomberg Code : T7G MK 003 AR 2020 GROUP CORPORATE STRUCTURE 100 % T7 SERVICES SDN BHD 199101016724 (227036-V) 100 % T7 NEWENERGY SDN BHD 100 199701006449 (421945-H) % TANJUNG OFFSHORE SERVICES SDN BHD 198301005074 (100697-T) 100 T7 INTELLIGENT RESOURCES SDN BHD % (formerly known as Fircroft Tanjung Sdn Bhd) 201401027200 (1103286-X) AGENSI PEKERJAAN T7 INTELLIGENT 100 RESOURCES SDN BHD % (formerly known as Agensi Pekerjaan T7 Fircroft Sdn Bhd) 202001025154 (1381474-T) 100 % T7 SOLUTIONS SERVICES (S) PTE LTD (201012762N) 100 100 % T7 GASTEC SDN BHD % UNIVERSAL GAS GENERATORS SDN BHD 199401023619 (309300-K) 199601038686 (411039-P) 100 100 % T7 CSI INTEGRATED SDN BHD % T7 WENMAX SDN BHD 200601032298 (752057-X) 199901022900 (497800-T) 100 45 % T7 RESOURCES SDN BHD % T7 SOLUTIONS SERVICES (Thailand) Co., Ltd. 201301012317 (1042155-V) (0105551009806) 92.5 100 % T7 GENERATIONS SDN BHD % T7 SOLUTIONS SDN BHD 201801036414 (1298444-A) 200901006153 (849109-H) 100 100 % TCM INNOVATIONS SDN BHD % T7 SERVICES AUSTRALIA PTY LTD 201801044312 (1306344-U) (621094086) 100 % T7 MARINE SDN BHD 200601032072 (751831-T) 55 % T7 SUBSEA SDN BHD 201801028378 (1290404-K) 100 % T7 PROPERTY SDN BHD 201601027073 (1198012-T) 70 % T7 KEMUNCAK SDN BHD 201601031638 (1202579-U) 51 T7 CHINA CONSTRUCTION THIRD % ENGINEERING SDN BHD 201801001827 (1263840-D) 60 % T7 KILGOUR SDN BHD 100 % T7 AERO SDN BHD 201701016010 (1230174-D) 201601028474 (1199413-D) 100 % T7 VECTOR SDN BHD 201901037487 (1346817-P) www.t7global.com.my 004 T7 GLOBAL BERHAD REGISTRATION NO. 200401023809 (662315-U) WHAT WE DO T7 Global Berhad (“T7 Global”) is an investment holding company with its subsidiaries diversified into 3 sectors as follows:- Our main activities consist of maintenance, construction and modification (MCM), offshore splash zone maintenance, and brownfield commissioning. T7 Energy recognises the need for brownfield rejuvenation as many offshore and onshore assets are maturing in the region. T7 Energy believes an integrated approach to facility maintenance is crucial to ensure good production uptime. Professional Manpower Supply ENERGY T7 Intelligent Resources Sdn Bhd (formerly ENERGY known as Fircroft Tanjung Sdn. Bhd.) T7 Global’s Energy Division (“T7 Energy”) provides a full suite of skilled recruitment • Engineering, Procurement, offers turnkey engineering, procurement, and manpower services to a variety of Construction, Installation & construction, installation and commissioning industries, upstream and downstream Commissioning (EPCIC) (EPCIC) solution, maintenance, construction oil & gas, ICT, renewable energy, rail and and modification services (MCM), oil & • Operation & Maintenance infrastructure. gas well services, subsea services and Since inception we have specialised • Professional Manpower Supply engineered process equipment across the in providing technical resources to our • Engineering & Integrated energy value chain. Solutions customers for projects or campaigns. T7 Energy has in-house capability to design Additionally, we possess a strong track • Subsea Services and engineer solutions which are applicable record in senior corporate hiring with a • Wells and Decommissioning to various industries. number of customers returning to use our • Special Purpose Market Detailed description for Energy Segment:- services time and again. In our business it’s the people that make the Engineering, Procurement, Construction, difference. Our focus is to identify, attract Installation and Commissioning (EPCIC) AEROSPACE & and onboard the very best people for our DEFENCE T7 Energy provides turnkey EPCIC and customers and to provide the highest level • Metal Surface Treatment project management solutions for complex of service. greenfield and brownfield projects. ■ Surface Treatment Engineering and Integrated Solutions Notably, T7 Energy Specialises in EPCIC of ■ Non-Destructive Testing T7 Energy offers a wide range of specialist Floating and Mobile Offshore Facility (MOPU (NDT) products solutions across the oil and gas, and FPSO). This plug and play solution oleo-chemical, marine, petrochemical and ■ Chemical Processing enable the commercial viability of hard to general industries. Exclusive partnerships ■ reach fields. T7 Energy has track record in Painting and Marking with reputable technology companies developing and operating mobile asset of ■ Sub-Assembly enable T7 Energy to leverage on the various functions such as early production
Recommended publications
  • Renewed Concerns in Key ASEAN Economies Politics and Growth Prospects After the First COVID-19 Wave
    Renewed Concerns in Key ASEAN Economies Politics and Growth Prospects After the First COVID-19 Wave August 2020 Contents Summary of COVID-19 in Four Key ASEAN Economies 1 1. Vietnam 2 2. Malaysia 5 3. Thailand 9 4. Indonesia 13 Conclusion 16 References 17 This Special Report is authored by Associate Professor Simon Tay, Chairman, SIIA; Kevin Chen, Research Analyst; Jessica Wau, Assistant Director (ASEAN); and Sarah Loh, Research Analyst. All views expressed in this special report are those of the authors, unless otherwise credited. Introduction This Special Report by the Singapore Institute of International Affairs (SIIA) will examine how key Association of Southeast Asian Nations (ASEAN) economies – Indonesia, Malaysia, Thailand and Vietnam – are emerging after the first wave of the COVID-19 pandemic. From June 2020, these four countries announced the end or easing of their lockdown measures and began to reopen their economies and business sectors. Their prospects matter not only to their own citizens but to the region and to Singapore as a hub, partner and investor. These four key economies represent over 70 per cent of overall ASEAN gross domestic product (GDP).1 This report will consider pre-existing economic and political challenges and how some of these have either stabilised or been sharpened and aggravated by the pandemic. The focus on the pandemic has generally meant that political developments have been muted in the first half of 2020. But as each country emerges from restrictions, political contestations and economic challenges are restarting; there are trends and risks emerging that may well move more quickly in the coming months.
    [Show full text]
  • Teks-Ucapan-Pengumuman-Kabinet
    TEKS UCAPAN YAB DATO’ SRI ISMAIL SABRI YAAKOB PERDANA MENTERI MALAYSIA PEMBENTUKAN KABINET BISMILLAHIRRAHMANNIRRAHIM Assalamualaikum Warahmatullahi Wabarakatuh dan Salam Sejahtera KABINET BERORIENTASIKAN HASIL Keluarga Malaysia yang saya kasihi sekalian, 1. Segala puji dan syukur saya panjatkan kepada Allah SWT kerana atas berkat dan rahmat-Nya, dapat saya mengumumkan barisan Kabinet yang telah mendapat perkenan Kebawah Duli Yang Maha Mulia Seri Paduka Baginda Yang di-Pertuan Agong, Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta'in Billah. 2. Barisan Kabinet yang dibentuk hari ini merupakan pasukan pengurusan yang akan bekerja bersama rakyat. Kabinet ini perlu bertindak pantas dan bersepadu dalam usaha membebaskan Malaysia daripada ancaman pandemik COVID-19, kegawatan ekonomi serta kekusutan politik. 3. Umum mengetahui saya menerima kerajaan ini dalam keadaan seadanya. Justeru, pembentukan Kabinet ini merupakan satu formulasi semula berdasarkan situasi semasa, demi mengekalkan kestabilan dan meletakkan kepentingan serta keselamatan Keluarga Malaysia lebih daripada segala-galanya. 4. Saya akui bahawa kita sedang berada dalam keadaan yang getir akibat pandemik COVID-19, kegawatan ekonomi dan diburukkan lagi dengan ketidakstabilan politik negara. 5. Berdasarkan ramalan Pertubuhan Kesihatan Sedunia (WHO), kita akan hidup bersama COVID-19 sebagai endemik, yang bersifat kekal dan menjadi sebahagian daripada kehidupan manusia. 6. Dunia mencatatkan kemunculan Variant of Concern (VOC) yang lebih agresif dan rekod di seluruh dunia menunjukkan mereka yang telah divaksinasi masih boleh dijangkiti COVID- 19. 7. Oleh itu, kerajaan akan memperkasa Agenda Nasional Malaysia Sihat (ANMS) dalam mendidik Keluarga Malaysia untuk hidup bersama virus ini. Kita perlu terus mengawal segala risiko COVID-19 dan mengamalkan norma baharu dalam kehidupan seharian.
    [Show full text]
  • The World's 500 Most Influential Muslims, 2021
    PERSONS • OF THE YEAR • The Muslim500 THE WORLD’S 500 MOST INFLUENTIAL MUSLIMS • 2021 • B The Muslim500 THE WORLD’S 500 MOST INFLUENTIAL MUSLIMS • 2021 • i The Muslim 500: The World’s 500 Most Influential Chief Editor: Prof S Abdallah Schleifer Muslims, 2021 Editor: Dr Tarek Elgawhary ISBN: print: 978-9957-635-57-2 Managing Editor: Mr Aftab Ahmed e-book: 978-9957-635-56-5 Editorial Board: Dr Minwer Al-Meheid, Mr Moustafa Jordan National Library Elqabbany, and Ms Zeinab Asfour Deposit No: 2020/10/4503 Researchers: Lamya Al-Khraisha, Moustafa Elqabbany, © 2020 The Royal Islamic Strategic Studies Centre Zeinab Asfour, Noora Chahine, and M AbdulJaleal Nasreddin 20 Sa’ed Bino Road, Dabuq PO BOX 950361 Typeset by: Haji M AbdulJaleal Nasreddin Amman 11195, JORDAN www.rissc.jo All rights reserved. No part of this book may be repro- duced or utilised in any form or by any means, electronic or mechanic, including photocopying or recording or by any information storage and retrieval system, without the prior written permission of the publisher. Views expressed in The Muslim 500 do not necessarily reflect those of RISSC or its advisory board. Set in Garamond Premiere Pro Printed in The Hashemite Kingdom of Jordan Calligraphy used throughout the book provided courte- sy of www.FreeIslamicCalligraphy.com Title page Bismilla by Mothana Al-Obaydi MABDA • Contents • INTRODUCTION 1 Persons of the Year - 2021 5 A Selected Surveyof the Muslim World 7 COVID-19 Special Report: Covid-19 Comparing International Policy Effectiveness 25 THE HOUSE OF ISLAM 49 THE
    [Show full text]
  • Draf Teks Ucapan Pengumuman
    TEKS UCAPAN YAB DATO’ SRI ISMAIL SABRI YAAKOB PERDANA MENTERI MALAYSIA PEMBENTUKAN KABINET BISMILLAHIRRAHMANNIRRAHIM Assalamualaikum Warahmatullahi Wabarakatuh dan Salam Sejahtera KABINET BERORIENTASIKAN HASIL Keluarga Malaysia yang saya kasihi sekalian, 1. Segala puji dan syukur saya panjatkan kepada Allah SWT kerana atas berkat dan rahmat-Nya, dapat saya mengumumkan barisan Kabinet yang telah mendapat perkenan Kebawah Duli Yang Maha Mulia Seri Paduka Baginda Yang di-Pertuan Agong, Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta'in Billah. 2. Barisan Kabinet yang dibentuk hari ini merupakan pasukan pengurusan yang akan bekerja bersama rakyat. Kabinet ini perlu bertindak pantas dan bersepadu dalam usaha membebaskan Malaysia daripada ancaman pandemik COVID-19, kegawatan ekonomi serta kekusutan politik. 3. Umum mengetahui saya menerima kerajaan ini dalam keadaan seadanya. Justeru, pembentukan Kabinet ini merupakan satu formulasi semula berdasarkan situasi semasa, demi mengekalkan kestabilan dan meletakkan kepentingan serta keselamatan Keluarga Malaysia lebih daripada segala-galanya. 4. Saya akui bahawa kita sedang berada dalam keadaan yang getir akibat pandemik COVID-19, kegawatan ekonomi dan diburukkan lagi dengan ketidakstabilan politik negara. 5. Berdasarkan ramalan Pertubuhan Kesihatan Sedunia (WHO), kita akan hidup bersama COVID-19 sebagai endemik, yang bersifat kekal dan menjadi sebahagian daripada kehidupan manusia. 6. Dunia mencatatkan kemunculan Variant of Concern (VOC) yang lebih agresif dan rekod di seluruh dunia menunjukkan mereka yang telah divaksinasi masih boleh dijangkiti COVID- 19. 7. Oleh itu, kerajaan akan memperkasa Agenda Nasional Malaysia Sihat (ANMS) dalam mendidik Keluarga Malaysia untuk hidup bersama virus ini. Kita perlu terus mengawal segala risiko COVID-19 dan mengamalkan norma baharu dalam kehidupan seharian.
    [Show full text]
  • Malasia Malasia
    OFICINA DE INFORMACIÓN DIPLOMÁTICA FICHA PAÍS Malasia Malasia La Oficina de Información Diplomática del Ministerio de Asuntos Exteriores, Unión Europea y Cooperación pone a disposición de los profesionales de los medios de comunicación y del público en general la presente ficha país. La información contenida en esta ficha país es pública y se ha extraído de diversos medios no defendiendo posición política alguna ni de este Ministerio ni del Gobierno de España respecto del país sobre el que versa. SEPTIEMBRE 2021 Religión: El islamismo es la religión oficial según la Constitución federal, Malasia aunque se reconoce la libertad religiosa y se permite la práctica de otras re- ligiones. El 60% de la población es musulmana, mientras que el budismo es la segunda religión más practicada (19 %), seguida por el cristianismo (9%), el hinduismo (6,3%). También hay minorías animistas, taoístas o shikhs. Moneda: Ringgit = 100 sen. TAILANDIA Golfo de Tailandia Forma de Estado: Monarquía constitucional. Kudat División administrativa: El país se divide en trece Estados y tres Territorios Kota Bharu Kota Kinabalu George Town Sandakan Federales: Kuala Lumpur, Putrajaya y Labuan. Taiping Kuala Terengganu Lahad Datu Ipoh BRUNEI Miri Tawau Kuantan 1.2. Geografía Kuala Lumpur Bintulu Klang Sibu Port Seremban Dickson Tanto la Malasia peninsular como el territorio situado en Borneo tienen una Johor Bhru Kuching formación geográfica similar, consistente en zonas montañosas en el interior, que descienden hacia plataformas costeras. La cordillera Titiwangsa recorre Malasia peninsular de norte a sur. Las montañas de Malasia insular son más INDONESIA INDONESIA elevadas, destacando el Monte Kinabalu que, con 4.100m., es la montaña más alta del Sudeste asiático.
    [Show full text]
  • Soalan No: 20 Pemberitahuan Pertanyaan Dewan Rakyat
    ■O SOALAN NO: 20 PEMBERITAHUAN PERTANYAAN DEWAN RAKYAT JAWAPAN OLEH YB DATUK SERI DR. S. SUBRAMANIAM MENTERI KESIHATAN MALAYSIA PERTANYAAN : LISAN DARIPADA DATO* DR. MUJAHID BIN YUSOF RAWA [ PARIT BUNTAR ] TARIKH 19MAC2018 SOALAN 20 Dato' Dr. Mujahid Bin Yusof Rawa [ Parit Buntar ] minta MENTERI KESIHATAN menyatakan perkembangan pembinaan hospital baru daerah Kerian di sempadan Parit Buntar dan Bagan Serai. Tuan Yang di-Pertua, Hospital baharu di daerah Kerian, Perak adalah Hospital Parit Buntar. Projek Hospital Parit Buntar ini telah ditender pada 14 Ogos 2017 dan Surat Setuju Terima (SST) telah dikeluarkan pada 06 Disember 2017. Projek ini telah memulakan pelaksanaan pada 02 Januari 2018 dan projek dijangka siap pada 02 Januari 2021. Hospital ini akan dibangunkan sebagai sebuah hospital tanpa pakar dengan kapasiti 76 katil dan melibatkan kemudahan-kemudahan seperti Out-patient Care (Visiting Specialist Clinics, Emergency Department, Rehab - Occupational Theraphy and Physiotheraphy, Haemodialysis), In-patient Care (Female Ward, Male Ward, Paediatric Ward, O & G Ward, High Dependency Unit), Operating Theatre, Diagnostic and Treatment Department (Pathology and Radiology), pentadbiran, pendidikan dan latihan serta tasiliti awam (termasuk balai pelawat) dan tasiliti kakitangan. l SOALAN : 21 PEMBERITAHUAN PERTANYAAN BAGI JAWAB LISAN DEWAN RAKYAT PERTANYAAN : JAWAB LISAN DARIPADA DATO' DR. HAJI NOOR AZMI GHAZALI (BAGAN SERAI) TARIKH 19MAC2018 RUJUKAN 10590 SOALAN PR-1361-L04377 Dato' Dr. Haji Noor Azmi Bin Ghazali [ Bagan Serai ] minta MENTERI DALAM NEGERI menyatakan statistik penagihan dadah mengikut negeri, jenayah berkaitan penagihan dadah dan statistik aktiviti atau tindakan pihak Kerajaan dalam membasmikan aktiviti jenayah berkaitan dadah. JAWAPAN: Tuan Yang Dipertua, Jumlah penagih dadah yang dikesan pada tahun 2017, adalah seramai 25,922 orang.
    [Show full text]
  • Analysis Report Pakatan Harapan's 22 Months & Perikatan Nasional's First
    ANALYSIS REPORT PAKATAN HARAPAN’S 22 MONTHS & PERIKATAN NASIONAL’S FIRST 100 DAYS All rights reserved © 2020 CSO Platform for Reform The copyright of this report belongs to CSO Platform for Reform. All or any part of this report may be reproduced provided acknowledgement of source is made or with CSO Platform for Reform’s permission. CSO Platform for Reform assumes no responsibility, warranty and liability, expressed or implied by the reproduction of this publication done without CSO Platform for Reform’s permission. Notification of such use is required. Published in Malaysia by PUSAT KOMAS A-2-10, Jalan Sungai Jernih 8/1 Seksyen 8, 46050 Petaling Jaya Selangor Darul Ehsan, Malaysia Tel/Fax: +603-79685415 Email: [email protected] Web: www.komas.org Graphics and Arts created by Nizam Andan Written by CSO Platform for Reform Members Compiled by CSO Platform for Reform Co-Secretariat Edited by Chuah Siew Eng Perpustakaan Negara Malaysia / Cataloguing-in-Publication Data Analysis Report of the Pakatan Harapan’s 22 Months and Perikatan Nasional’s First 100 Days 2020 Printed By: Fussian Advertising & Printing Sdn. Bhd. (Office) No. 26 & 28, Jalan Vivekananda, Brickfields, 50470 Kuala Lumpur. (Factory) No. 57, Jalan PBS 14/3, Taman Perindustrian Bukit Serdang 43300 Seri Kembangan, Selangor. Tel : 603.2260.5511 Fax : 603.2273.1190 Web : https://www.fussianadvertising.com.my/ Contents Abbreviations iii Foreword iv Executive Summary 1 Introduction to the CSO Platform for Reform 3 A. Demands proposed to the Pakatan Harapan government based on the Buku Harapan 18 1. Freedom of expression 18 2. Access to justice, rule of law and human rights defenders 19 3.
    [Show full text]
  • Malaysia Daybreak | 21 June 2021 FBMKLCI Index
    Malaysia | June 21, 2021 Key Metrics Malaysia Daybreak | 21 June 2021 FBMKLCI Index 1,700 ▌What’s on the Table… 1,650 ———————————————————————————————————————————————————————————————————————————————————————— 1,600 1,550 Bermaz Auto Berhad – Torque about stronger margin recovery 1,500 FY4/21 core net profit beat our expectations by 34% and consensus by 39% due 1,450 to better-than-expected margin and sales volume in 4QFY21. We see a weaker 1,400 start in 1QFY4/22F due to FMCO but forecast a stronger FY4/22F, driven by Jun-20 Aug-20 Oct-20 Dec-20 Feb-21 Apr-21 Jun-21 higher sales volume from new launches and tax holiday. Raise FY22-23F EPS by ——————————————————————————— 2-18%. Reiterate Add with a higher RM2.00 TP. FBMKLCI 1,589.05 18.19pts 1.16% JUN Future JUL Future Strategy Note – 2021 CGS-CIMB Retail Investors’ Sentiment Survey 1580 - (0.99%) 1581 - (0.96%) ——————————————————————————— We conducted the 2nd edition of our proprietary Retail Investors Survey in May Gainers Losers Unchanged 2021. Respondents to our survey are mostly neutral on the stock market over the 579 443 449 ——————————————————————————— next three months. Survey results reveal that a significant rise in OPR or wide Turnover availability of alternative investments with higher returns could potentially lead to 6311.33m shares / RM4774.628m profit-taking in the stock market among retail investors. A deterioration in investor 3m avg volume traded 6674.83m shares sentiment on Malaysia’s economy and political situation could also reduce retail 3m avg value traded RM3874.71m ——————————————————————————— investors’ interest in the stock market. Based on reopening timeline in the Regional Indices National Recovery Plan, we expect investors to shift to recovery plays in Jul/Aug FBMKLCI FSSTI JCI SET HSI 21.Our top three key picks in this theme are Maybank, Genting and Malaysia 1,589 3,144 6,007 1,613 28,801 Airports.
    [Show full text]
  • Malaysia's 14Th General Election (GE14) - the Contest for the Malay Electorate Funston, John
    www.ssoar.info Malaysia's 14th General Election (GE14) - The Contest for the Malay Electorate Funston, John Veröffentlichungsversion / Published Version Zeitschriftenartikel / journal article Zur Verfügung gestellt in Kooperation mit / provided in cooperation with: GIGA German Institute of Global and Area Studies Empfohlene Zitierung / Suggested Citation: Funston, J. (2018). Malaysia's 14th General Election (GE14) - The Contest for the Malay Electorate. Journal of Current Southeast Asian Affairs, 37(3), 57-83. https://nbn-resolving.org/urn:nbn:de:gbv:18-4-11484 Nutzungsbedingungen: Terms of use: Dieser Text wird unter einer CC BY-ND Lizenz (Namensnennung- This document is made available under a CC BY-ND Licence Keine Bearbeitung) zur Verfügung gestellt. Nähere Auskünfte zu (Attribution-NoDerivatives). For more Information see: den CC-Lizenzen finden Sie hier: https://creativecommons.org/licenses/by-nd/3.0 https://creativecommons.org/licenses/by-nd/3.0/deed.de Journal of Current Southeast Asian Affairs Special Issue: The 2018 Malaysian General Elections Funston, John (2018), Malaysia’s 14th General Election (GE14) – The Contest for the Malay Electorate, in: Journal of Current Southeast Asian Affairs, 37, 3, 57–83. URN: http://nbn-resolving.org/urn:nbn:de:gbv:18-4-11484 ISSN: 1868-4882 (online), ISSN: 1868-1034 (print) The online version of this article can be found at: <www.CurrentSoutheastAsianAffairs.org> Published by GIGA German Institute of Global and Area Studies, Institute of Asian Studies and Hamburg University Press. The Journal of Current Southeast Asian Affairs is an Open Access publication. It may be read, copied and distributed free of charge according to the conditions of the Creative Commons Attribution-No Derivative Works 3.0 License.
    [Show full text]
  • Market View, News in Brief: Corporate, Economy, and Share Buybacks
    Monday, August 16, 2021 FBMKLCI: 1, 505 .11 THIS REPORT IS STRICTLY FOR INTERNAL CIRCULATION ONLY* WWeeeekkllyy SSttrraatteeggyy Market View, News in Brief: Corporate, Economy, and Share Buybacks Kaladher Govindan Tel: +603-2167 9609 [email protected] www.taonline.com.my Market View Market Recovery Pending on the Outcome of PM’s Audience with the King The local blue -chip benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) staged mild rebound during last week’s Awal Muharram holiday shortened trading, as the relaxation of some restrictions for the fully vaccinated population helped improve economic recovery hopes. Keen bargain hunting interest in key rubber glove stocks lifted the healthcare sector up by 1.5 percent post Awal Muharram, but persistent uncertainties on the domestic politics front and the challenging local Covid situation continued to bog down sentiment. Week-on-week, the FBM KLCI gained 15.31 points, or 1.03 percent to 1,505.11, with gains in Hartalega (+50sen), Press Metal Holdings (+12sen), KLK (+90sen) and Maybank (+7sen) offsetting falls in Sime Darby (-3sen) and Petronas Chemicals (-3sen). Average daily traded volume and value last week slowed to 3.82 billion shares and RM2.41 billion, respectively, compared to the 4.04 billion shares and RM2.51 billion average the previous week, as trading participation dwindled with increased uncertainties over the domestic political landscape and challenging Covid situation bogging down trading sentiment. As far as domestic politics is concerned, the plot thickened further on news the Prime Minister (PM) will be meeting the Yang di-Pertuan Agong again today.
    [Show full text]
  • Malaysia's 14Th General Election (GE14) – the Contest for the Malay Electorate
    Journal of Current Southeast Asian Affairs Special Issue: The 2018 Malaysian General Elections Funston, John (2018), Malaysia’s 14th General Election (GE14) – The Contest for the Malay Electorate, in: Journal of Current Southeast Asian Affairs, 37, 3, 57–83. URN: http://nbn-resolving.org/urn:nbn:de:gbv:18-4-11484 ISSN: 1868-4882 (online), ISSN: 1868-1034 (print) The online version of this article can be found at: <www.CurrentSoutheastAsianAffairs.org> Published by GIGA German Institute of Global and Area Studies, Institute of Asian Studies and Hamburg University Press. The Journal of Current Southeast Asian Affairs is an Open Access publication. It may be read, copied and distributed free of charge according to the conditions of the Creative Commons Attribution-No Derivative Works 3.0 License. To subscribe to the print edition: <[email protected]> For an e-mail alert please register at: <www.CurrentSoutheastAsianAffairs.org> The Journal of Current Southeast Asian Affairs is part of the GIGA Journal Family, which also includes Africa Spectrum, Journal of Current Chinese Affairs and Journal of Politics in Latin America: <www.giga-journal-family.org>. Journal of Current Southeast Asian Affairs 3/2018: 57–83 0DOD\VLD¶VWK*HQHUDO(OHFWLRQ *( ±7KH&RQWHVWIRUWKH0DOD\(OHFWRUDWH -RKQ)XQVWRQ Abstract: The United Malays National Organisation (UMNO) and its al- lies in the Barisan Nasional (BN) coalition, known as the Alliance until 1974, dominated Malaysian elections for more than six decades. UMNO’s winning formula was based on massive support for the politically domi- nant Malay community, and mobilising government institutions in support of the party.
    [Show full text]
  • Senarai Penuh Kabinet Muhyiddin Malaysiakini 09 Mac 2020
    Senarai penuh kabinet Muhyiddin Malaysiakini 09 Mac 2020 Dikemas kini dengan status timbalan perdana menteri yang tidak dilantik. Dikemas kini dengan parti yang diwakili. Berikut senarai penuh kabinet Perdana Menteri Muhyiddin Yassin, seperti diumumkan sebentar tadi: Menteri Kanan - Menteri Perdagangan Antarabangsa dan Industri Mohamed Azmin Ali (Bersatu) Timbalan Menteri: Lim Ban Hong (akan dilantik sebagai senator) (MCA) Menteri Kanan - Menteri Pertahanan Ismail Sabri Yaakob (Umno) Timbalan Menteri: Ikhmal Hisham Abdul Aziz (Bersatu) Menteri Kewangan Zafrul Tengku Abdul Aziz (akan dilantik sebagai senator) Timbalan Menteri I: Abd Rahim Bakri (Umno) Timbalan Menteri II: Mohd Shahar Abdullah (Umno) Menteri Kanan - Menteri Kerja Raya Fadillah Yusof (GPS) Timbalan Menteri: Dr Shahruddin Md Salleh (Bersatu) Menteri Kanan - Menteri Pendidikan Dr Mohd Radzi Md Jidin (Bersatu) Timbalan Menteri I: Dr Mah Hang Soon (akan dilantik sebagai senator) (MCA) Timbalan Menteri II: Muslimin Yahaya (Bersatu) Menteri di Jabatan Perdana Menteri (Ekonomi) Mustapa Mohamed (Bersatu) Timbalan Menteri: Arthur Joseph Kurup (PBRS) Menteri di Jabatan Perdana Menteri (Tugas-tugas Khas) Mohd Redzuan Md Yusof (Bersatu) Timbalan Menteri: Mastura Yazid (Umno) Menteri di Jabatan Perdana Menteri (Parlimen dan Undang-undang) Takiyuddin Hassan (PAS) Timbalan Menteri: Eddin Syazlee Shith (Bersatu) Menteri di Jabatan Perdana Menteri (Hal Ehwal Agama) Zulkifli Mohamad (akan dilantik sebagai senator) Timbalan Menteri: Ahmad Marzuk Shaary (PAS) Menteri di Jabatan Perdana Menteri
    [Show full text]