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About Prestasi Auto Sdn. Bhd.

Prestasi Auto Sdn. Bhd. in short is a private investment holding company established in the year 2009 and it is founded under the leadership of exceptional Malaysian corporate and financial professionals. PASB was established to undertake and focus on investment that drives sustainable development and exploration in the mining industry – a company with a portfolio of highly prospective and strategic assets which provide a pipeline of opportunities.

PASB participates in Private Placement Programs (PPP’s) or Private Placement Investment Programs (PPIPs) trading to finance its projects that need funding.  PASB’s off balance sheet private assets and large funds are registered with ISIN (International Securities Identification Number) which is used worldwide to identify securities.  The ISINs are assigned to securities to facilitate unambiguous clearing and settlement procedures.  The trading program is a pre-arranged buy/sell arbitrage transaction of discounted banking instruments.

In a large debts’ international instrument market, there is an enormous daily market of discounted bank instruments involving issuing banks and groups of exit-buyers in an exclusive Private Placement arena.  By participating in PPP’s trading enable PASB to generate profits and let some of the profit be used for different projects that need funding.  The government taxes on profit will be the government revenue for improving Malaysia’s economic growth and alleviating national debts.

 

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The Company's goal is to enhance value by exploring, discovering, developing, and commercializing possibilities in base, precious metals like gold, and precious rare earth minerals in Malaysia. PASB now has an aggressive business development program in place and is working to construct a long-term mining portfolio.

In line with the National Mineral Industry Transformation plan 2021-2030, the Company had undertaken the program preliminary geological assessment and prospecting study of mining exploration and development for potential gold deposits in the State of Pahang, Malaysia. Presently, PASB is registering for gold mineral exploration in the state of Kelantan, Malaysia.

The company has appointed GEOSOLUTION RESOURCES as a leading Geological and Mining Consultant in Malaysia as our synergy partner spearheaded by CEO P.Geol Tuan Haji Ahmad Nizam Hasan F.I.G.M FGS (London) who is currently President of Geological Society of Malaysia (GSM), honorary Treasurer as well as fellow Institute of Geology Malaysia (IGM) and fellow of the Geological Society of London (GSL).

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For Infrastructure projects in Malaysia as the country needs to put in about RM450 billion to RM500 billion for infrastructure investments with a big chunk going towards renewable energy and green infrastructure

PASB has registered ISIN for infrastructure development in East Malaysia encompassing five key infrastructure sectors namely social infrastructure, transportation, extraction, utilities and manufacturing.

PASB believes that future infrastructure projects should meet the needs of Malaysian citizens for a better quality of life and to facilitate the economy’s growth without compromising the environment.  Investment in infrastructure will create jobs in the short term while enhancing economic competitiveness in the long run

We are true to ourselves, and commit to always perform at our best.

Under National Mineral Industry Transformation Plan 2021-2030 (TIM 2021-2030), PASB has registered ISIN for Malaysia mining of rare earth and mineral resources.

In a domestic debt’s instrument market, PASB believes with participation of commercial banks under Bank Negara Malaysia’s (BNM) Operational Procedures for Cross-Border Securities Custody Services in RENTAS (CSCS) which came into effect on 1st July 2021 will contribute towards facilitating Foreign Direct Investment (FDI) into Malaysia more effectively.

Under BNM’s CSCS para 2.1

BNM maintains accounts with the Euroclear Bank (Euroclear), an International Central Securities Depository, to offer cross-border securities Settlement and custody services. In addition, BNM provides a link via RENTAS for Participants to access the services provided by Euroclear. BNM shall on behalf of Participants:

2.1.1 effect transfers of securities and cash proceeds via Euroclear;
2.1.2 receive securities and cash proceeds via Euroclear; and
2.1.3 execute custody operations via Euroclear.

Under BNM’s CSCS para 2.2

BNM shall comply with applicable rules and regulations of Euroclear, including the “Terms and Conditions Governing Use of Euroclear” (refer to Euroclear‘s website: www.euroclear.com) and “The Operating Procedures of the Euroclear System” (refer to Euroclear’s website: www.euroclear.com). BNM will update Participants of any changes to the rules and regulations based on updates or notifications received from Euroclear.

Under BNM’s CSCS para 4.7

Participants may undertake customers’ transactions via their omnibus accounts or open segregated accounts for their customers in Euroclear. The segregated accounts will be categorised in custody “R’ for Resident and “N” for Non-residents.

Under BNM’s CSCS para 4.8

The structure of Participants’ accounts in Euroclear and BNM is as follows:

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The implementation of Private Finance Initiative (PFI) in Malaysia under private sector is to achieve a closer partnership with public sector in overcoming limitations of budget for PFI projects such as transport infrastructure, services and education development. With CSCS will encourage more private sector parties to participate in PFI projects.

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