Archive for February, 2009

How about “UNIVERSAL” investment, the GOLD Standard ?

Tuesday, February 24th, 2009
Public Bank Gold Investment Account
Public Bank Gold Investment Account enables you to invest in the gold just like having a normal saving account. Minimum initial purchase for this is 20gms. Based on the Public Bank gold selling price as below,
Gold Investment Account (Last updated 16/02/09 3:51 PM)    

PBB Gold Investment Account

PBB Gold Investment Account

I luv all those shinning "Yellows", don't U ?

I luv all those shinning

Selling Price     


Buying Price     


1 gram     

RM 111.9400     

RM 107.4600     

the minimum investment is RM2238.80. Minimum subsequent investment is 5gms (RM 559.7).
An annual fee of RM10 will be levied on the designated deposit account on the first day of the calendar year if the account balance is below 10gms as at year end.
The stated benefits are as below,
– To earn potentially higher return from appreciation in gold price.
– Convenience of investing in gold as trading is carried out through a passbook.
– Small difference between selling and buying prices. (Maybank Gold Saving Account has bigger difference between selling and buying prices)
– Affordable initial purchase and subsequent investment.
– Invest in gold without having to keep the gold physically.
– Gold is the best possible hedge against inflation.
– Alternative investment avenue to build up personal gold portfolio which is cheaper compared to invest in gold jewellery as the latter will incur additional cost on workmanship.
“It seems that Public Bank Gold Investment Account is more attractive than Maybank Gold Saving Account in terms of the selling price and buying price.”

Public Bank Gold Investment Account (Last updated 16/02/09 3:51 PM)
1 gram selling price – RM 111.9400
1 gram buying price – RM 107.4600
Maybank Gold Saving Account (Last updated 16/02/09 9:41 AM)
1 gram selling price – RM 114.88
1 gram buying price – RM106.36




Gold Price Chart in MYR

Gold Price Chart in MYR

Maybank Gold Savings Passbook Account

Maybank provides a gold saving account whereby you can buy gold with minimum of 5gms. According to the rate on 13 Feb as below,

Gold Savings Passbook







13 – Feb – 2009     



it means a minimum investment of RM 576.75. The rate is changing daily.

The stated benefits are as below,

– Convenience of deposit, withdrawal and closing of GSPA account at any Maybank branch in Malaysia
– Introduced by the country’s largest bank, 100% backed by physical gold and in collaboration with the World Gold Council
– Cheaper as gold prices quoted are pegged to international gold prices without additional charges
– Ability to build a personal gold portfolio by purchasing gold in small amounts (minimum 5gms) regularly over a period of time
– Opportunity for capital gain if the price of gold appreciates
– Possible hedge against inflation

If you believe that the gold price is going to appreciate, this might be a convenient tool for you since it is just like a normal saving account. The difference is that this is a gold saving account.



For those of you investors who wanted to get the “real” physical feeling of the metal called “GOLD” or the touch of gold metal rather the the “virtual gold” as credited in your “Gold Saving Account Pass book”, you might want to take physical delivery of the Gold in the form of 99.99% pure gold coin issued by Bank Negara Malaysia.

The Kijang Emas Gold Bullion Coins

Malaysia is the 12th country in the world to issue its own gold bullion coin. The Kijang Emas now joins the ranks of other international gold bullion coins.

The design of the obverse of the Kijang Emas depicts a barking deer (“kijang”) in its natural habitat in the Malaysian jungle. The reverse side features the hibiscus, the national flower of Malaysia.

1 Troy ounce
Face value: RM200
Gold Purity: 99.99%
Standard weight: 31.105g
Diameter: 37.00 mm

Go here :  for that “Golden Touch” investment further details !   

PM2B Linked Counter

Tuesday, February 17th, 2009
The “kum cheng” of just being close to your golfing  buddy is the beginning of all good things !

More to come ?

Needless to say.

For those who have  researched on such linked counters [Catalyst is the word] and have taken earlier positions on them and remembered that “the early birds always catches the best of most worms”, good on you ! 

If you haven’t taken any position on such linked counters, it’s still early for the medium to longer term investors to reconsider your investment in equities, and of course at your own risk [You have to evaluate your own risk] !  

Release by BURSA MALAYSIA yesterday :    

General Announcement

Reference No GK-090216-62188


Company Name
Stock Name
Date Announced
Award of Contract –Proposal To Design, Build, Complete, Commission And Maintain Upgrading Works To Hospital Kuala Lipis Pahang
George Kent (Malaysia) Berhad (“GKM”) is pleased to announce that it has been awarded the abovementioned contract totalling RM97.75 million by Kementerian Kesihatan Malaysia to undertake the upgrading of Hospital Kuala Lipis in Kuala Lipis, Pahang at a contract price of RM97.75 million.

The abovementioned scope of the contract encompasses the design and building of a 7-storey medical ward to house 106 hospital beds, minor operating theatres, some amenities, a car park, minor operating theatres and 106 hospital beds and other amenities and building services.

The contract works will commence with site possession on 26 in February, 2009 and is scheduled to be completed by 25 August July, 2011.

None of the Directors or substantial shareholders of GKM, or persons connected with them, has any interest, direct or indirect, in the abovementioned contract.

This announcement is dated 16th February 2009.


So, I dreamt of making plenty of $$$ DUIT $$$ & U too !

Sunday, February 15th, 2009




msg (1) U drmt KLCI 940 pts n 990 pts, by wen ? so still can buy now n wat ctrs to buy ? ;


msg (2) Hi Master Lee, agreed wif u tat crisis present buying opprty. So how to use “Art of War” to effect crisis mgmt to benefit both the rakyat n nation ?


My dreamt opinion :


In Sun Tzu’s “The Art of War” the defining Competitive Position of the “Five Elements and Four Skills” for any operation to be successful must be present at the time period of launching. These Five Elements are : “HEAVEN”, “LEADER”, “PHILOSOPHY”, “METHODS” and “GROUND”. The Four Skills are : “Knowing”, “Vision”, “Action”, and “Positioning”.


All these are better summarised and illustrated in the Picture Chart shown below :




Now in my dreams, I foreseen all such factors are neared if not already slated in place starting right from the World’s Largest Economies, the G7s down to the G20s and from America and Australia down to Zambia and Zimbabwe, the World’s Largest Economy right down to the World’s Smallest Economy, there are all alike, all are sufferers and there is no two way about it ! Be it big or small nations, all had their respective rescue stimulus packages ready to pump up their respective economy (are there no other way else ?) !


Barely a month into office, the President of the World’s largest economy, Barrack Obama has lined up a string of capable aides and tapped the best brains among them to put the US economy in order and the World’s other Nations have too come together in unison with hasten urgency. Amen !

  US President Barrack Hussein Obama G7 Unity Meeting to Conquer Crisis 

US President Barrack Hussein Obama


In my earlier post I said that unorthodox methods must be employed to rescue the World from such unprecedented financial calamity and this was concurred by Malaysia’s PM2B’s younger brother Datuk Nazir Razak, CEO of CIMB during an interview by the edge daily’s reporters later on.


I also did mention earlier that such a Crisis must be tackled “Aggressively”. In this respect, Global Crisis must be tackled aggressively, “GLOBALLY” or on a “MACRO” basis and “NATIONAL CRISIS” must be tackled aggressively, “NATIONALLY” or on a “MICRO” basis but within the “GLOBAL” context. So we are now in a precarious situation where ours are considered to be caught in an eco-political situation of a Crisis within a Global Financial Crisis itself. Got it ?


Well, I have written earlier that human beings are complicated and as such they will complicate even the simplest of things ! Now, to simplify things, let’s just look at the key words from the above written paragraphs. We have everything ready to put into “ACTION” which is soon but to be precise, “now”, yes from now on. USA President Barrack Obama have just received approval from Law makers a stimulus package worth US$787 Billions to tackle the Country’s Economic woes and so are the rest of the World’s other nation. Prime Minister Kevin Rudd of Australia has approved AUS$42 Billions or US$28 Billions, so are the rest of the World’s other nations ! The next key word is to act or tackle the Crisis AGGRESSIVELY.


So now we have ACTION + “”AGGRESSIVELY” = “AGGRESSIVE ACTION and when all the World’s Nations come together in unison and put their respective rescue stimulus package into full swing through AGGRESSIVE ACTIONwithin a time period starting from “NOW”, then we can expect the rate of success to be high ! Now from Sun Tzu’s “Art of War”, this “objective” approach through unsuspecting strategy is akin to visualizing the “Global Financial Crisis” as a “Targeted Country” to be conquered. What better way to do it when all factors and strategies of War are already in place is by “attacking the target from all directions” (in unison) !Sun Tzu “Ping”


How then would it benefits the rakyat and nation ?

Well, the above dreamt view more or less surmised an unorthodox approach of employing Sun Tzu’s “Art of War” to tackling the Financial Crisis plaguing a Nation. Needless to elaborate any further, as the saying goes, “the earliest bird always catches the most worms” speaks the rest.


Yeah, the better informed investor rakyat are now going to reap the fruits of success after having ploughed and tilled the equity world and scouring through those undervalued and beaten down stocks and having made their investments in equities from 4th February, 2009 (Li Chun,  Start of Spring) onwards and it’s my personal view that it’s still never too late to join in the “BURSA MALAYSIA RUMBLES” to get a bite or a piece of the “PIE” if you are lucky enough (here I would like to qualify myself hoh, this statement shall not be construed as an act of soliciting for investment hoh, invest at your own perils) !  


In Malaysia (better known as “BolehLand” aka “Land of Milk and Honey”), we are a lot luckier than most of our same species (homosapiens) elsewhere in planet Earth. We worked less than our contemporaries elsewhere as we have more days off due to the various gazetted  public holidays in celebration of the festivals of the various ethnic groups that makes up the Malaysian Culture and Society. Other gazetted State holidays takes up the rest. Our country are really beautiful and it’s wonderful people from the various ethnic groups made Malaysia an unique Country, as western visitors to Malaysia are often heard showering praises and commenting that we are one hell of a Country that have varieties in diversities. Moreover, Malaysia are blessed with abundance of natural resources so, aren’t we lucky ! We are always the envy of other Nations ! Wait a minute here but what has Jim Rogers to say about Malaysia ?


Quote :

       Jim Rogers on Malaysia

With plenty of natural resources, Malaysia is in a good position than most countries in the current economic environment, Jim Rogers said.


“The Malaysian economy is natural resource-based so you are in a better position than many countries. And therefore, your currency is better positioned than other currencies,” Rogers said at the Asian Financial Forum.


“My main problem with Malaysia is that your politicians don’t seem to get it right. It’s a fabulous country and it should have a fantastic future. Get politicians who understand how the economy works and adapt and adjust. Malaysia should be and could be a wildly successful and rich country,” he commented.


Well, politics aside, I am not too bothered and neither keen to introduce politics into detail  discussion in the blog. We are better off without politics here as we are all not politician. Let’s just leave it to the politicians to play their political games, ok ? Believe me, we’ll not gain anything by indulging in political mongering but instead we have much to lose, so let us all talk money in moneytalk. 


I dreamt of KLCI trying 940 points and 990 points.

Now that we have all the favourable factors and conditions put in place by the ruling BN government, the time to take action is from now on. Three (3) major events are slotted to take place in March, 2009 in Malaysia. First, we have the exit of PM PakLah, secondly, the Up coming UMNO Elections and the third event of the month is the confirmation and taking of office of the new and Sixth (6) PM of Malaysia Datuk Seri Najib Tun Razak to complete the “RAHMAN” Prophecy. These events are consider to be the greatest ever transition period in the history of Malaysia and are expected to be filled with robust activities in the market place especially with “PumpPriming” from the latest Second Stimulus Package to the tune of RM35 Billions by the PM2B cum Minister of Finance ! Also right after these three (3) major events, coming early on 7th April, 2009 is the double by elections and this adds to the already hot and excited Market Place. So it’s rumbles all the way in Bursa Equity Markets ! So 940 points no problem and what about 990 points ? Let’s wait and see lol, I also don’t know as it’s a dream ok ! In my dreams, stocks to watch includes all GLCs, PakLah linked counters and Najib & Siblings linked counters.


Quote :

(1)             Get Greedy in the midst of Fears”

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” — Warren Buffett


(2)             “Strike while the iron is hot” – English Idiom


(3)   “Make hay while the sun shines” – English Idiom


An investor friend’s collegue who is filthy rich has this to say ; everyone I met said that we must not simply jump into the share market as the worst is yet to come. Always remember this : “Things would get worst before it turns good” and this was said in October of year 2008 !


Mind you, he is not wrong at it too as everyone else is saying and doing the same one thing and that is to sit and wait ! So on the good advice of this filthy rich guy, my investor friend waited and waited and until today, he is still waiting woh, so what are we to do now ? We can’t just be sitting around and wait till the “Cows comes home” before we make our entry into the Equity Markets, right ? The Malaysian Bourse dips towards a low of KLCI 803 points or thereabouts and have since then never gone anywhere near to it and it was now up close to 910 points on the last day of trading in the week ended Friday, February 13, 2009 !

You call your shots but always remember this :

If ever you make money,

Please don’t thank me,

Just considered yourself “Lucky”.

Now, if ever you lose money,

Please don’t blame me,

No, no, no, I’m not at your service,

You have to take it that you are “unlucky”.

Moneytalk Service is “FREE” as well as “EMPTY” ! – by : K L LEE


Goodnite all and Happy Trading !

P/s : I going to dream that all of us will make plenty of “ $$$ DUIT $$$” together ! Amen !



SOS on SMSes ! Help ! Please !

Saturday, February 14th, 2009


Well, got up late today’s morning (Saturday) and was greeted with two (2) smses when I switched on my mobile. Guess now I understand why people are generally “shy” when going through the proper channel to seek their answers. Still this miracle “ART” of “LETTING GO” is still not understood or rather refused to be understood by many !


Well, is it that difficult to say words like : ”please”, “sorry”, “thank you” and better still is it a problem to give someone a “smile” ?


Now, if the answer is “ayes”, then you have a problem !


“Greeting” one another when bumped into whether by chance or otherwise is a way of fostering “bonding” or you may want to call it by other names such as “networking” or “establishing contacts” or “cultivating relationships” and is universally acknowledge or seen as the simplest basic yet powerful strategy or tool or way of practising good corporate and personal management for the advancement of business development and marketing purposes on all levels. It is ahabit” that can be cultivated and practiced for good overall personal management.


At the personal level, Arrogance, Ego, Shyness and Stubborness are all undesirable elements that need to be discarded if you are serious about changing for the better !


Well, enough of these granpa mumbos.


May I request readers and visitors who have queries to used the comment section rather than my mobile as your open comment or queries may be answered by some better knowledge individuals and that way it will be more interesting to have varied opinions and views subject to moderation of course !


Anyway, received these two (2) short messages : msg (1) U drmt KLCI 940 pts n 990 pts, by wen ? so still can buy now n wat ctrs to buy ? ; msg (2) Hi Master Lee, agreed wif u tat crisis present buying opprty. So how to use “Art of War” to effect crisis mgmt to benefit both the rakyat n nation ?


Anyone out there keen to help out with these two queries ? Please input your answer(s) and comments thru’ the proper channel ok ?

Arigato n TQ in advance !                      .


Thursday, February 12th, 2009
A cheerful PM2B

             “A Cheerful Looking PM-2-B

MMC Corp, Puncak Niaga leads the way !

On the 29th January, 2009 (初四) while dinning at the Pelangi Driving Range (JB)’s “Man Han (Halal) Chinese Restaurant (满汉楼)” together with ShiXiongs ES Ang, ShaoKun Lim, David, our most respected Master Shifu and Shimu, I have made it a point to put up an article a week for all to read.



So here is a briefed of the “gist” on what transpired during the dinner that is of interest to all on “money talk”. As usual the conversation centers on Qigong, IT matters and the effects of the Global Financial Turmoils on Malaysian Equities. When we touch on the topic of  prediction of BURSA MALAYSIA’s direction, strategy and trends, I was asked which particular stock or stocks to look out for in the immediate term to which I said honestly, “Opportunities do exists during crisis (危机)”.



I said, I like stocks in the Health Care and Utilities sector and was asked to name a few of the stocks in these sectors that I would “buy” for the short to medium term and the “entry price” that is considered reasonable to make the purchase ! Oh, what a hard nut to crack isn’t it ? Guess my level of confidence was put to the test hoh (or was it mind training being unsuspectingly taught or imparted then?) as I was asked to write down on a piece of “angpow” paper, yes, both stocks and entry price ! Wahlaoeh, phew ! I said to myself then, what if the stocks written down do not perform (believe me, the word “what if” or “impossible” at that particular “moment” never had a “chance” at all ! Don’t ask me why ? It’s beyond explaination I would say, all that I can roughly says is that when your adrenaline surges and that you are overwhelmed, you never have a second thought ! Then again, the question of is it good or bad would be up in your mind, right ? Well, guess there’s no “right” and “wrong” here as it’s a matter of “perception” according to some ShiXiongs ! ) ? Well, enough said of these mambos and jumbos else it will bore you again. 



Now, since I am really excited, happy and inspired and somemore hoh, I am filled with confidence all over when I come to think of that “instant” now. It’s kind of funny (weird ?) then was that it never did cross my mind at all during that particular “moment” that I would or should worry about it (forecasting and predicting things correctly. Perhaps “LETTING GO” is well cultivated here, haha ! ) !

[Art Of Letting Go :]



Want to know what stocks I wrote down and the likely entry price ?

Yeah, yeah, yeah I know what’s in your mind, 马后炮 !



Well, anyway I wrote down on a piece of ripped “angpow” paper the following counters and their likely entry prices :


KPJ, buy close to RM2.50 ;

JAKS, buy < RM0.42 ;

PUNCAK, buy < RM2.60 and

KPS, buy <RM1.40 !


Hooray ! Hooray !  It’s UP, UP already !  Hooray ! 


Goodnite to all, have a nice dream ! 



Enjoy yourself, “click” here :


P/s : “I dreamt of KLCI trying 940 points and 990 points



Tuesday, February 3rd, 2009


Over the just completed Saturday weekend, I have had the chance to hear some interesting thoughts and views while attending a one day CPE course on “GOOD CORPORATE GOVERNANCE and ACCOUNTABILITY”.

Towards the tailend of the course, we were given some brain teasers to “play” on, like this one : “When a PLC is a PLC, it is a PLC.

Teaser One  : When a Private Limited Company is a Political Linked Company, it is a Public Listed Company

Teaser Two  : “When a Public Listed Company is a Political Linked Company, it is a PakLah Linked Company

Teaser Three  : “When a Political Linked Company is a Public Listed Company, it is a Public Liability Company

PakLah Linked Companies

In 2004, when Datuk Seri Abdullah Ahmad Badawi took over the helm from Tun Mahathir, there emerged a new group of elite businessmen. The most visible of them were Equine Capital Bhd’s Datuk Patrick Lim, ECM Libra Group’s Datuk seri Kalimullah Hassan and Scomi Group’s Datuk Kamaluddin Abdullah (also PM’s son). Scomi (7158), who IPO at RM 1.38 in year 2003, saw the share price rocketed to all time high of RM 2after 1-10 split.

Come Najib’s reign, Which PLC will be the next Scomi ?

The Prime Minister in waiting, after taking over the role of Finance Minister in mid-September, had organised a corporate roundtable session. 6 individuals, each with deep knowledge of his field, were personally chose by Najib. They were tapped for ideas on how to address issues ranging from the economy, capital markets and business in general.The 6 were:
1. Tan Sri Azman Mokhtar, MD of Khazanah Nasional Bhd.
2. Tan Sri Md Nor Yusof, director and chairman of Khazanah’s executive committee
3. Datuk Mohd Nadzmi Mohd Salleh, chairman and MD of express bus operator, Konsortium Transnational Bhd.
4. Datuk Shahril Shamsuddin, Sapura group
5. Datuk Mohamed Azman Yahya, director of Khazanah, and founder and group chieft executive of Symphony House Bhd.
6. Dr Gan Wee Beng, the executive director of CIMB group. He was a consultant to Bank Negara, the Economic Planning Unit, finance ministry and the World Bank.

 From left: Azman Yahya, Mohd Nadzami Mohd Salleh, Lodin Wok Kamaruddin Md Nor Yusof, Gan Wee Beng, Mohd Bakke Salleh and Azman Mokthar.

Names linked to Najib

– Tan Sri Tan Kay Hock, Johan Holdings Bhd Chairman and Chief executive, golf buddy
– Tan Sri Robert Kuok & family, Tun Abdul Razak & Tun Hussein Onn were good friends of Tan Sri Robert Kuok.
– Datuk Shahril & family, Sapura group 
– Tan Sri Syed Mokhtar Albukhary, MMC group, DRB-HICOM has a huge vehicle assembly plant and is one of the largest employers in Pekan, Pahang, Najib’s mainstay political base.
– Rohana Mahmood, chairman and partner of Ethos Capital, a RM 200mil private equity firm. Rohana and Omar Mustapha Ong, a former special assistant to Najib, are co-founders of the boutique advisory firm Ethos & Co. Rohana sits on the boards of Paramount Corp Bhd, TH Group Bhd, and Dijaya Bhd.

Razak Brothers


Datuk Johari Razak, senior partner at Shern Delamore & Co. a large firm in KL. He is also a non executive director in several publicly listed companies including, being chairman of Ancom Bhd, deputy chairman of related Nylex (M) Bhd, and directorships in Hong Leong Industries Bhd and Daiman Development Berhad. *He is also a director of Deutsche Bank (M) Bhd. [Does PRIAM Holdings sounds familiar here ?]

Datuk Mohamed Nizam Razak, non executive director in several publicly listed companies including Hiap Teck Venture Bhd, Mamee Double Decker Bhd, Delloyd Ventures Bhd, and Yeo Hiap Seng Bhd. *He is also a director of Deutsche Bank Bhd.[Watch out for the return of Repco Low and the likes of those “gold fingers” of yesteryears !]

Datuk Mohamed Nazim Razak, an architect.

Datuk Nazir Razak, CIMB group CEO



Come March, DPM Datuk Seri Najib Razak will take over from Datuk Seri Abdullah Badawi as Malaysia’s sixth Prime Minister.
1. What change will bring along with him ? How will the leadership affect business?
2. CIMB, GLC, Symphony House Bhd, Johan Holdings Bhd, Sapura group, Hong Leong group, Paramount Corp Bhd, TH Group Bhd, Dijaya Bhd, MMC group, DRB-HICOM, Hiap Teck Venture Bhd, Mamee Double Decker Bhd, Delloyd Ventures Bhd, Yeo Hiap Seng Bhd, Nylex Bhd, Hong Leong Industries Bhd, Daiman Development Berhad. These are the names that has connections with him, will they benefit from the change? Which family will arise from the change?
3. Razak brothers has been involving in banking, will they have the upper hand in the bank mergers? Obviously, there are conflict of interest between PM in waiting/Finance minister with CIMB CEO, how are they going to resolve this conflict?
4. Quek’s Hong Leong bank will have upper hand in bank merger? (Rumour on merger of Hong Leong and Public bank)

5. Will Second Finance Minister, Tan Sri Mohamed Nor Yakcop stay on ?

PM in waiting cum Finance Minister with a cheeky smile

PM in waiting cum Finance Minister with a cheeky look



What’s  worth  a  look ?


NLC (Najib Linked Company)

1. Tan Sri Dato’ Tan Kay Hock holds 48.92% of Johan Holdings Bhd. His wife, the group managing director, Puan Sri Datin Tan Swee Bee has a direct interest of 12.46% and deemed interest of 41.62%.

2. Tan Sri Dato’ Tan Kay Hock is a Member of the Iskandar Regional Development Authority (IRDA).

3. Tan Sri Dato’ Seri Dr Ting Chew Peh is the Independent non executive director. He has directorship in Pan Malaysia Capital Berhad (PMCAP), Pan Malaysia Corporation Berhad (PMCorp), Puncak Niaga Holdings Berhad, Complete Logistic Services Berhad and Hua Yang Berhad.
He was also a Parliament Secretary (Ministry of Health)(1988 – 1989), Deputy Minister (Prime Minister’s Department)(1989 – 1990) and Minister of Housing and Local Government (1990 – 1999) and Secretary-General (Malaysian Chinese Association) (MCA), (1990-2005) .

4. Pan Malaysia Corporation Berhad (PMCorp) and Malayan United Industries Berhad (MUI) has a deemed interest of 7.63%. Any linkage between Tan and Tan Sri Dato’ Dr Khoo Kay Peng, chairman and group chief executive of Malayan United Industries Bhd and MUI Properties Berhad.

5. Johan Group’s current principal activities are manufacturing of ceramics tiles, distribution and retailing of health foods and supplements, Diners Club charge and credit cards, travel and tours, property development, resorts and hotels.

6. Johan & George Kent. George Kent (Malaysia) Berhad is a Mechanical & Electrical (M&E) engineering leader with a long and proud history in Malaysia. The company was first established in Penang in 1936 as a service branch of its then parent company, George Kent Limited, Luton, United Kingdom. George Kent provides a comprehensive range of water related products equipment designed for a variety of applications in various industries. In addition, it also provide a host of water and water related services. Core business is water industry, water infrastructure.

7. Tan Sri Dato’ Tan Kay Hock is also the Chairman/Non independent non director in George Kent (Malaysia) Berhad. He has a direct and deemed interest of 49. 59%. PMCorp and MUI has a deemed interest of 10.13% in GKent as well.

Remain downtrend, but Accum/Dst chart indicates on going accumulation. News on Najib became Minister of Finance and succession of Abdullah to become next Prime Minister has not given much impact on it’s share price.

Nevertheless, looking at Johan, GKent, MUI, PMCorp and their owners profile, if, if they have link with DPM Najib, Tan Sri Dato’ Tan Kay Hock is a Member of the Iskandar Regional Development Authority (IRDA), it can be a catalyst for better prospect.

Johan & GKent’s share price has rebounded lately.

Source : “From Financial World Today