Friday, June 15, 2012

NICORP's LPG venture is GONE !

NICORP plan to diversify the company into the liquefied petroleum gas (LPG) business has hit snag.

In an announcement to Bursa Malaysia yesterday, Nicorp said Aspire Rich Sdn Bhd had received a letter from Oman-based Natural Gas Co (NGC) stating that the agreement between the two parties to acquire the LPG assets from Shell Trading Sdn Bhd had been terminated.

The announcement to Bursa are as followed:-

"NICORP wishes to announce that the Company had on 13 June 2012 received a letter dated 12 June 2012 from Aspire Rich informing that Aspire Rich had received a letter from Oman-based Natural Gas Co (S.A.O.G.) (“NGC”) stating, amongst others, that the agreement entered into between NGC and Aspire Rich to jointly acquire the said LPG Assets via a special purpose vehicle namely NGC Energy Sdn. Bhd. has been terminated with immediate effect.

NICORP was also informed that Aspire Rich is disputing the termination of the aforesaid agreement and is seeking legal advice on the matter.

In this respect, NICORP will also be seeking legal advice in relation to the Letter of Invitation from Aspire Rich to NICORP dated 12 March 2012."

Look like NICORP is staying as a Timber company afterall.

Thursday, June 14, 2012

SUPER, 4Q NOT So Super !

SUPER ENTERPRISE HOLDINGS BERHAD ( SUPER )
- Fourth Quarter ended 31/03/2012
- Announcement date 12/06/2012



Wednesday, June 13, 2012

JAVA, Earning from BAD to WORST !

JAVA BERHAD ( JAVA )
- Third Quarter ended 31/03/2012
- Announcement date 31/05/2012



Tuesday, June 12, 2012

RELIANCE, Revenue DOWN Half but earning turn black

RELIANCE PACIFIC BERHAD  ( RPB )
- Third Quarter ended 31/03/2012
- Announcement date 31/05/2012



GAS Malaysia losing steam, Profit DOWN Half

GAS MALAYSIA BERHAD ( GASMSIA )
- First Quarter ended 31/03/2012
- Announcement date 07/06/2012

Tuesday, June 5, 2012

WAH SEONG Profits DOWN Half

WAH SEONG CORPORATION BERHAD
- First Quarter ended 31/03/2012
- Announcement date 31/05/2012

Monday, June 4, 2012

SEAL Profit Increased 200%

SEAL INCORPORATED BERHAD
- Third Quarter ended 31/03/2012
- Announcement date 31/05/2012


Saturday, June 2, 2012

ANNJOO Disastrous 1Q

ANN JOO RESOURCES BERHAD ( ANNJOO )
- First Quarter ended 31/03/2012
- Announcement date 31/05/2012

Friday, June 1, 2012

MAYBULK Revenue and Profit REDUCED

MALAYSIAN BULK CARRIERS BERHAD  ( MAYBULK )
- First Quarter ended 31/03/2012
- Announcement date 31/05/2012

MASTEEL From Hero To Zero !

MALAYSIA STEEL WORKS (KL) BHD ( MASTEEL )
- First Quarter ended 31/03/2012
- Announcement date 31/05/2012

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