Malaysia's Budget 2026, to be unveiled on October 10, 2025, is anticipated to focus on fiscal consolidation and growth, with specific blockchain allocations not yet mentioned but likely tied to broader strategic investments in digital and AI-driven industries and the development of the Malaysia National Blockchain Infrastructure (MBI).

• 根据MIA的《专业伦理、行为与实践细则》（MIA By-Laws），关键审计合伙人在连续七年担任公众利益实体（PIE）的审计工作后，必须至少休息三年。
• Heizrin在2013年至2017年期间担任某PIE的审计合伙人和质量审阅员，之后未遵守规定的冷却期，继续参与该PIE的审计工作，导致其在该审计项目中连续服务超过七年。
• GTM未能确保其合伙人遵守上述轮换规定，违反了国际质量管理标准（ISQM 1）中关于独立性和伦理要求的质量目标。

Grant Thornton Malaysia PLT（GTM）因未能确保其合伙人遵守马来西亚会计师协会（MIA）关于关键审计合伙人轮换的规定，于2024年8月27日被马来西亚证券委员会（SC）下属的审计监督委员会（AOB）处以RM150,000的罚款。同时，其审计合伙人Mohamad Heizrin bin Sukiman也因违反相关规定，被罚款RM37,500。

Master，can you explain further

Banker Target price

RHB RM 3.45
CIMB RM 3.3
MAYBANK RM 3.55
KENANGA RM 2.9
BIMB RM 2.8
HLB RM 2.6
AMBANK RM 2.63
PBB RM 2.42
UOB RM 2.3
AFFIN RM 2.09

good chance for accumulate lo

update

Mazda PH 2023
Q2- 387 units
Q3- 350 units
Q4- 482 units

Mazda MY 2023
Feb # 1,994 units
Mar # 2,212 units
Apr # 1,413 units

KIA MY + Peugeot MY
2023Q4
# Minimum Forecast#1,000-1,200 units

2023Q4 MY brands+ PH Mazda
Forecast 6,619-6,819 units

Previous QR
3 MY brands+ PH Mazda
2022Q3/ 5796 units

Estimate 2023Q4

Bauto MY sales?
Revenue:
RM1.005B -1.015B
PBT:
RM 95M- RM 100.5M

BautoPH(60.39%)?
Revenue:
RM 64M- RM 67M
PBT:
RM 13.5M- RM 14.5M
Bauto Gain
RM 8.15M - Rm 8.75M


Subsidiary
MMSB（30%）
PBT
RM 50M - RM 55M
BAUTO gain
RM 15M - RM 16.5M

INOKOM （29%）
PBT
RM 9M - RM 10M
BAUTO gain
RM 2.6 - RM 2.9M

Total PBT
Scenario A
RM 95M + RM 8.15M +
RM 15M + RM 2.6M
=RM 120.75M

Scenario B
RM 100.5M +RM 8.75M
+RM 16.5+RM 2.9M
=RM 128.65

Income Tax Expenses: 25K +-
Finance cost: 2.7K +-

Profit after Tax
Scenario:A RM 93.05M
Scenario:B RM 100.95M

Estimation exclude Foreign currency translation and other investment income .

Mazda PH 2023
Q2- 387 units
Q3- 350 units
Q4- 482 units

Mazda MY 2023
Feb # 1,994 units
Mar # 2,212 units
Apr # Minimum Forecast #1,200 units

KIA MY + Peugeot MY
2023Q4
# Minimum Forecast#1,000-1,200 units

2023Q4 MY brands+ PH Mazda
Forecast 6,406-6,606 units

Previous QR
3 MY brands+ PH Mazda
2022Q3/ 5796 units