Announcement • Apr 29
Pimpinan Ehsan Berhad, Annual General Meeting, Jun 30, 2026 Pimpinan Ehsan Berhad, Annual General Meeting, Jun 30, 2026, at 14:00 Singapore Standard Time. Location: the howard johnson by, wyndham kuala lumpur 118, no. 8, jalan kampung attap, 50460 kuala lumpur, Malaysia New Risk • Nov 29
New major risk - Revenue and earnings growth Earnings have declined by 3.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.2% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (RM56.0m market cap, or US$13.6m). New Risk • Nov 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (RM57.0m market cap, or US$13.8m). Announcement • Apr 29
Pimpinan Ehsan Berhad, Annual General Meeting, Jun 30, 2025 Pimpinan Ehsan Berhad, Annual General Meeting, Jun 30, 2025, at 11:00 Singapore Standard Time. Location: level 1, concorde hotel kuala lumpur, 2, jalan sultan ismail, 50250 kuala lumpur, Malaysia New Risk • Mar 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (RM60.5m market cap, or US$13.6m). Announcement • Feb 28
Pimpinan Ehsan Berhad Announces Resignation of Yew Jian Li as Non Independent and Non Executive Alternate Director Pimpinan Ehsan Berhad announced Resignation of Miss Yew Jian Li as Non Independent and Non Executive Alternate Director, effective 28 February 2025. Age: 31. Reason: Pursue personal interest. The resignation of Ms. Yew Jian Li as Alternate Director to Dato' Yew Soon Keong with effective from 28 February 2025. Announcement • May 01
Pimpinan Ehsan Berhad, Annual General Meeting, Jun 14, 2024 Pimpinan Ehsan Berhad, Annual General Meeting, Jun 14, 2024, at 11:00 Singapore Standard Time. Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Director's fees of Mr Boumhidi Abdelali amounting to MYR 4,300.00 per month with effect from 15 June 2024 until the next Annual General Meeting of the Company to be held in 2025; to re-elect Dato' Jamelah Binti Jamaluddin as Director who is retiring pursuant to Clause 124 of the Constitution of the Company; and to consider other matters. New Risk • Oct 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 103% per year over the past 5 years. High level of non-cash earnings (153% accrual ratio). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (RM80.9m market cap, or US$16.9m). Board Change • Oct 23
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Non Independent & Non Executive Director Adel Abdelali is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Feb 07
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Non Independent & Non Executive Director Adel Abdelali is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Non Independent & Non Executive Director Adel Abdelali is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jul 20
Pimpinan Ehsan Berhad Announces Update on Material Litigation Pimpinan Ehsan Berhad (Company) announced Kuala Lumpur High Court Civil Suit No.: WA-22NCC-287-06/2022 between Plaintiff, Kazuomi Kaneto and DPI Solar 1 Pte Ltd. and 25 Defendants, including the Company as the 24th Defendant. Reference is made to their announcement dated 30 June 2022, in relation to the Writ of Summons and Statement of Claim filed vide Kuala Lumpur High Court Civil Suit No.: WA-22NCC-287-06/2022 (“the Suit”). The Board wishes to announce that the Company has filed an application for striking out of the Suit. The Company has also filed an affidavit to oppose the Plaintiffs’ application for an interlocutory injunction. Further, the Board has also been informed that the following Defendants, amongst others, have each filed an application for striking out of the Suit and filed affidavits to oppose the Plaintiffs’ application for an interlocutory injunction: reNIKOLA Sdn Bhd; reNIKOLA Holdings Sdn Bhd; and Mr. Lim Beng Guan. The Company will make further announcements on the development of the Suit as and when necessary. Announcement • Jul 02
Pimpinan Ehsan Berhad Provides Update on Material Litigation Pimpinan Ehsan Berhad provided update on Material Litigation. The Company had, on 29 June 2022, received a copy of Writ of Summons and Statement of Claim dated 27 June 2022 (“Suit”) from one Kazuomi Kaneto and DPI Solar 1 Pte Ltd. (“Plaintiffs”) alleging that the Company had, among others, the following: procured and induced the breach of fiduciary duties and/or trust of the relevant defendants (not the Company) owed to the Plaintiffs; wilfully and recklessly failed to make such inquiries as an honest and reasonable man would make of, the dishonest and fraudulent designs of the relevant defendants (not the Company); unlawfully conspired to injure the Plaintiffs by unlawful means; and wrongfully and/or unlawfully interfered with the Plaintiffs’ trade. The Company has no dealings whatsoever with the Plaintiffs. The Suit is due to the disputes between the Plaintiffs and the promoters, director and/or shareholders of the Kuala Muda Project and Machang Project. On 24 March 2022, reNIKOLA has entered into deeds of arrangement with BGMC Corporation Sdn Bhd and Bras Ventures Bhd (where applicable) to, among others, subscribe new RPS in BGMC Bras Power Sdn Bhd (the project company for 30 MW solar plant in Kuala Muda) as well as subscribe new RPS and acquire Kuala Muda Estate Sdn Bhd (“Kuala Muda Project”). Pursuant to the supplemental agreement to SSA dated 8 June 2022 (“Supplemental SSA”) entered into between the Company and inter alia, reNIKOLA Sdn Bhd, the Company is to acquire/own, through reNIKOLA Holdings, inter alia, the Machang Project and Kuala Muda Project. The Company’s acquisition of reNIKOLA Holdings is not completed yet and is subject to the fulfilment of all conditions precedent under the Supplemental SSA, which include the due diligence by the Company. The Company has appointed solicitors to defend the Suit and the Board of Directors has been advised by the Company's solicitors that the Suit has no merits, and is frivolous, vexatious and an abuse of the Court’s process. Meanwhile, the Company is also considering a counterclaim against Plaintiffs for, inter alia, damages. The case management for the Suit is fixed on 19 July 2022. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Non Independent & Non Executive Director Adel Boumhidi is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Executive Departure • May 08
Executive Director has left the company On the 30th of April, Hajah Binti Hashim's tenure as Executive Director ended after 4.8 years in the role. We don't have any record of a personal shareholding under Hajah's name. A total of 6 executives have left over the last 12 months. Executive Departure • Apr 15
Independent Non-Executive Director has left the company On the 8th of April, Mohammad Emir Taufiq Ahmad's tenure as Independent Non-Executive Director ended after 3.0 years in the role. We don't have any record of a personal shareholding under Mohammad Emir's name. A total of 5 executives have left over the last 12 months. Executive Departure • Apr 15
Executive Chairman Rozali Bin Ismail has left the company On the 9th of April, Rozali Bin Ismail's tenure in the role of Executive Chairman ended. As of December 2020, Rozali personally held 18.66m shares (RM13m worth at the time). A total of 5 executives have left over the last 12 months. Executive Departure • Apr 15
Independent & Non-Executive Director has left the company On the 8th of April, Jumsi Bin Batri's tenure as Independent & Non-Executive Director ended after 3.0 years in the role. As of December 2020, Jumsi personally held only 49.66k shares (RM35k worth at the time). A total of 5 executives have left over the last 12 months. Executive Departure • Apr 15
Independent Non Executive Director has left the company On the 8th of April, Ibrahim Bin Topaiwah's tenure as Independent Non Executive Director ended after 3.0 years in the role. We don't have any record of a personal shareholding under Ibrahim's name. A total of 5 executives have left over the last 12 months. Is New 90 Day High Low • Feb 20
New 90-day high: RM1.00 The company is up 43% from its price of RM0.70 on 20 November 2020. The Malaysian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 11% over the same period. Announcement • Jan 29
Pimpinan Ehsan Proposes to Delist from the Official List of Bursa Securities Pimpinan Ehsan Berhad is proposing to undertake a capital repayment exercise that involves a pro-rata cash distribution of approximately MYR 66.7 million on the basis of 96 sen per share on an entitlement date to be determined later. In a filing with Bursa Malaysia on January 27, 2021, the cash company said upon completion of the capital repayment exercise, the company proposes to delist from the official list of Bursa Securities. The proposed delisting would facilitate the withdrawal of PEB from the official list of Bursa Securities, it added. PEB said barring any unforeseen circumstances, the proposals are expected to be completed by the second quarter of 2021. Is New 90 Day High Low • Jan 28
New 90-day high: RM0.93 The company is up 27% from its price of RM0.73 on 28 October 2020. The Malaysian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 15% over the same period. Is New 90 Day High Low • Nov 14
New 90-day low: RM0.70 The company is down 3.0% from its price of RM0.72 on 14 August 2020. The Malaysian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Capital Markets industry, which is down 8.0% over the same period. 