Kumpulan Jetson offer price may rise further

Company’s net tangible asset per share is higher than bid

PETALING JAYA: Superior Pavilion Sdn Bhd (SPSB) and Odyssey Wealth Sdn Bhd (OWSB) may have to again raise their offer price for Kumpulan Jetson Bhd shares and its irredeemable convertible unsecured loan stocks (Iculs) as the company’s shares are now trading at a three-month high, according to TA Securities Bhd research head Kaladher Govindhan.

SPSB, which is controlled by brothers SM Nasarudin SM Nasimuddin and SM Faliq SM Nasimuddin of the Naza Group, and OWSB, in which the brothers have a 50% stake, raised the offer to RM1 per share from the original offer of 70 sen and to 93 sen per Icul from 65 sen on Monday.

However, the revised offer price is still more than one-third below the net tangible asset per share of RM1.54 as at June 30.

A little known construction and property firm listed on the Bursa Malaysia main market, Kumpulan Jetson’s share price has been languishing since the beginning of the year and only started to show some life at the end of July when the counter rose a few sen from the 50-sen level it had been treading over the year.

Its share price shot up 67% to close at RM1.22 on Aug 21 from 73.5 sen after trading resumed following a suspension on Aug 20 when the first offer was announced.

The company’s share price has risen over 160% to close at RM1.34 yesterday from three months ago.

The brothers were said to want to maintain the company’s listing and use it for a backdoor listing of the Naza Group’s property assets including Naza TTDI Sdn Bhd (formerly TTDI Development Sdn Bhd).

The Naza Group is mainly involved in automotive trading and property development.

The brothers, who said before that they were making the offer in their personal capacity, could not be contacted for further information.

Naza 206 Bestari In-depth Review

Finally after a long wait, the press fleet for the Naza 206 Bestari is ready and I managed to get a hold of one unit to write a test drive report. The Naza 206 Bestari, codenamed the NX-02 is basically a locally assembled rebadged version of the Peugeot 206, in fact the Peugeot lion badge is still displayed proudly on the rear hatch. Look after the jump for what I think about the Naza 206 Bestari.

For one, this is basically the cheapest continental car you can buy first hand, though not the cheapest car with a continental feel. Some of you might be able to guess which cars provide a conti feel at an even cheaper price. Naza’s Gurun plant has successfully preserved the continental feel, goes to show having a different badge on the front and rear doesn’t mean the car is any different.

The 1.4 liter Peugeot TU3 engine making 75 horsepower and 120Nm of torque mated to a 4-speed Porsche Tiptronic gearbox feels underpowered for a car of this kerb weight. You slowly build up the revs and wait for the engine to enter it’s powerband, but you wait and wait and the RPM needle hits the redline, and you wonder when did peak torque kick in? Because you didn’t feel anything. As the engine approaches redline, there is some slight metallic vibration to be heard from the front. Also, I think the gearing isn’t quite suitable, as the Skoda Fabia 1.4 had similiar power to weight ratios but didn’t feel as sluggy as the Naza 206 Bestari.

The gearbox also behaves differently to what you might expect with an automatic gearbox, it is not very willing to downshift even when you floor the pedal, instead forcing you to use Tiptronic manual mode and downshift manually. Apparently this is a common behaviour with French gearboxes, they all behave this way. Anyone with experience with another French automatic car care to share their experience? The gearbox is definitely intelligent though, it doesn’t upshift when you release the pedal while going downhill, instead keeping the revs high on a lower gear to take advantage of engine braking.

There are two other modes, one is a sports mode which shifts at a higher point as well as keeps to lower gears, refraining from upshifting when you ease on the pedal. The other mode is winter mode, which starts the car from second gear to prevent torque slip on slippery surfaces, though with an engine like this I’m not sure if winter mode is required!

Despite the mediocre engine performance, the comfort level and road holding of the Peugeot 206-based Naza 206 Bestari was really good, perhaps one of the best in car’s in it’s class. Very comfy and sufficiently damped over uneven road surfaces. Interior comfort is also good despite the smallness of everything which I will talk about later – the seats are semi-bucket-like in shape, cushioning you well. Being an old school supermini design like the Fabia, i.e.: it sits low, none of that high seating position crap which I really really don’t like, despite it allowing greater interior room. A lower stance coupled with lower center of gravity gives you greater confidence in driving the car.

Now that you know how the car’s engine and gearbox combination performs, I think we can all agree on the fact that this car was designed to take you from A to B with minimum fuss, offering nothing else. So let’s cover the practicalities.

The car looks small for the inside, so naturally the inside is kind of small too, unlike the Myvi which somehow manages to suprise everyone with it’s feel of spaciousness on the interior. The front seats are nice and snug fabric seats. Egronomics are okay, the gear levers are easy to reach, you’d think this are part of the basics in interior design but trust me some manufacturers manage to screw up at this! Power window buttons for the front windows are located on the center console, but the rear power window controls are positioned behind, making it a little awkward for you to control, but I suppose it’s a requirement to position it there for the rear passengers to reach them as well. Steering wheel audio controls aren’t exactly on the steering, but on a separate stalk below the wiper control on the right. You can control radio channels/CD track selection and audio volume from the stalk.

The rear seats can only fit two medium height adults comfortably, or kids. When someone like me (182cm tall) gets into the driver’s seat, you’ll have to push the driver’s seat quite far behind, basically destroying any chance of anyone but a child sitting behind the driver’s seat. As one passenger commented, “Gosh, this is like a two door car with four doors.” There are no rear headrests included in the standard package but they can be purchased as an option.

Audio system is satisfactory, it has decent treble and so-so bass, and is built into the dashboard design. The CD player tends to skip often over bumps and potholes, a problem I never had with my super cheap Pioneer CD player on my Satria. The audio system LCD display is multi-functional, being able to show information like specifically which door is open, external temperature, time, etc.

A neat feature of the audio system is RDS, which allows for the audio system to automatically adjusts the frequency of the radio station you’re listening to as you travel across the country. I’m sure you’ve noticed some CD players have the ability to display the station title. When you travel from KL to the south, the frequencies for the stations change. RDS scans for the new frequency with the same station name and automatically switches frequencies to the new station, not requiring you to fumble about trying to find out where’d you favorite station go.

Build quality of the interior was very decent, however I am abit concerned over this squeaking rattling noise which surfaced on day 2 of my test drive whenever the car went over even the slightest uneven surface. Sounds like the dreaded Proton rear hatch squeak. Whatever it is, I hope that if one gets this problem with his or her car and takes it back to Naza to rectify, the service personnel had better know how to fix it or risk Naza’s reputation going into the drain together with Proton. No one has perfect QC, the difference is how you fix the problem and how you treat the customer!

Other items to take note of include a follow me home function. When the car is turned off, flick the headlamp high beam feature once and the headlamps will stay on for a period of about 15 seconds or so, allowing it to illuminate your path or drive way. This is a safety feature. You also get adjustable headlamps from controls within the car, as well as an engine oil level indicator. Spare tyre is mounted under the car instead of under the boot mat, which could be tricky in situations where you have to access it. The fog lamp in the lower center of the rear bumper is spring loaded so it can withstand a few kisses to your Bestari’s butt. Yes, it is a fog lamp, not just a red reflector.

The air intake vent on the hood is not for cold air intake to the engine as most would think at first glance, but it’s actually a filtered air intake for the air conditioning system. This provides filtered air to the cabin, perfect for Malaysia’s annual smog season courtesy of our friends in Indonesia.

All in all, I think it’s an okay buy for anyone who wants something slightly different, for anyone who wants a feel of driving a continental car, basically those who can afford it as I think RM68,888 is abit too expensive for what it is. Also, the engine is way too underpowered for anyone who likes driving.

Can Naza’s Young Boss Handle Platinum Park KLCC?

What are you doing at the age of 24?

Recently, I was impressed by a cover story of The Edge City & Country – ‘Naza’s Young Boss’. To my surprise, he is only 24 but S M Faliq S M Nasimuddin is already managing director of Naza TTDI Sdn Bhd, the property arm of the Naza group of companies.
Naza TTDI Sdn Bhd

Managing Director: S M Faliq S M Nasimuddin (24 years old)
"I know what I am doing, I believe in what I am doing, so trust me. Nonetheless, I also have a good team. I believe in team work because I won’t be able to do without my team. Source: Faliq’s Business Philosophy – ‘Always Have a Vision’"
Some features of Platinum Park KLCC:

* High-end integrated residential & commercial development in KLCC
* RM4.1-billion developments
* 9.1 acres
* Completion for whole project on 2018
* 3 condominium towers
* 3 grade-A office blocks
o 50-storey office tower – Menara Felda (Federal Land Development Authority)
o 30-storey office building (Government-linked Company, to be confirmed)
o 50-storey office tower – Naza Tower (Naza Group of companies)
* 1 five-star hotel / serviced apartment tower
* 1.5-acre landscaped park

Can S M Faliq S M Nasimuddin handle RM4.1-billion mega project like Platinum Park? What say you?

Peugeot 308 Turbo

Peugeot 308 Turbo -

Now With Full-Length Panoramic Glass Roof, Debuts In Malaysia

Peugeot’s 308 Turbo has been further upgraded to include a full length panoramic glass roof. This new feature is set to move the value benchmark set by the 308 Turbo further ahead and cement it as a thoroughly premium offering in its segment. The 308 Turbo Panoramic, retailing at RM113, 888 (OTR, including insurance and road tax, available from end July onwards), will be the only car in its class with such a premium feature.

The large panoramic roof allows for an unobstructed 1.26m2 (or 2/3 of the roof) view of the sky and is most spectacular at night. In daylight, the full length electric sun-blind with ‘one-touch’ operation provides privacy to occupants. Athermic glass is used for the panoramic roof, which, together with the dual zone digital air conditioner and additional rear air condition vents ensures a cool environment for occupants while providing for the airy open feel of a convertible, without the dust, heat and pollution.
The 308 Turbo’s “International Engine of the Year Award’ winning 1.6-litre direct injection turbo petrol engine designed by PSA Peugeot Citroën in cooperation with BMW Group, has an output of 240Nm of torque from just 1,400rpm and 140hp at 6,000rpm. The latest win was the third win in a row for Peugeot in these prestigious awards. The 308 was also the winner of the prestigious “Golden Lenkrad 2007” award in Germany for the best compact car based on its design, comfort, safety and environmental friendliness. It was also the AMI New Zealand Autocar Car of the Year 2008 in its category.

With this improved specification introduced in Malaysia by distributor Nasim Sdn. Bhd., the latest 308 Turbo further strengthens its customer appeal by combining performance with economy. In addition to its elegant and attractive appearance, still distinctive in its segment, its durability and its competitive overall operating costs, the 308 Turbo continues to be acclaimed for its excellent road holding and its undiminished ability to combine safety and driving enjoyment with a high level of comfort and convenience.

RON 95 Suitable For Naza, Kia And Peugeot Vehicles

KUALA LUMPUR, Sept 8 (Bernama) -- The Naza Automotive Group has encouraged owners of its petrol-powered Naza, Kia and Peugeot vehicles to use the RON 95 fuel.

In a statement Tuesday, the company said RON 95 was suitable for the Naza Ria, Naza Citra, Naza Suria, Naza Citra II Rondo, Kia Sportage, Kia Carnival, Kia Carens, Kia Picanto,Kia Optima, Kia Spectra5, Kia Spectra, Kia Rondo, Naza 206 Bestari, Peugeot 206,Peugeot 407, Peugeot 308 Turbo, Peugeot 308Vti and Naza Forza.

The Naza Sorento, Kia Sorento and Kia Pregio use diesel.

Study: Local auto brands close gap with foreign makes

KUALA LUMPUR: Malaysian auto brands have narrowed the gap with the non-national makes in overall sales satisfaction among new vehicle owners in the country, a survey conducted by JD Power found.

“As a whole, Malaysian national brands (Inokom, Naza, Perodua and Proton) improved by an average of six points from 2008,” said JD Power in its Asia Pacific 2009 Malaysia Sales Satisfaction Index (SSI) Study released yesterday.

“In contrast, the non-national brands included in the study decreased by an average of seven points, as a whole.”

Although national brands still trailed non-national brands by 16 index points, JD Power said the gap was considerably less than the 29 points in 2008. “National brands overall demonstrate the greatest improvement in the delivery timing factor and have also improved considerably from 2008 in the sales initiation and delivery process factors,” said JD Power in the statement.

The latest survey on customer satisfaction showed that overall sales satisfaction among new vehicle owners in Malaysia increased from 2008 by 3 points to 781.

Among the nine brands ranked in the study, Isuzu rated the highest in overall new-vehicle sales satisfaction with a score of 805. JD Power said Isuzu performed particularly well in six of seven factors: delivery process; paperwork; dealer facility; salesperson; deal and sales initiation.

Isuzu was followed by Toyota (798) and Suzuki (793). Toyota performed well in the delivery timing. Also ranking above the industry average were Honda, Mitsubishi and Nissan (tied at 783 each).

“Shortened delivery times are largely attributable to the economic downturn and reduced demand at dealerships,” said Taku Kimoto, general manager for Malaysia at JD Power Asia Pacific, Singapore.

“In light of this, consumer expectations around delivery times are changing. Dealers and manufacturers will need to continuously improve in this area to keep pace with these expectations.”

The study also found that the percentage of customers who negotiated the price of their vehicle increased by 7% from 2008 to 72% in 2009. At the same time, the percentage of customers who believed it was necessary to negotiate to obtain the lowest price and also indicated that they did not enjoy negotiating had increased by 6%.

“Given the current economic environment, customers are becoming more price sensitive,” said Kimoto. “Although some customers are reluctant to negotiate, they feel strongly about pushing to receive lower prices.”

The 2009 Malaysia SSI Study was based on the responses of more than 2,400 new vehicle owners who purchased their vehicles between September 2008 and April 2009. The study was fielded between March and June 2009.


For latest Bursa Malaysia indices, charts and other information click here

RM 17,000.00 NAZA SUTERA 1.1

Price : RM 17,000.00


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Click On The Small Picture To Enlarge

Seller's Description

The plate number will be new, as the current number will be transferred to a new car.

Sale is subject to successful price negotiation and my successful purchase of a new car.

If you are staying outside Johor Baru and require accommodation when purchasing the car, upon the successful sale of the car to you, you will be reimbursed a maximum of 300 ringgit for hotel accommodation. By the way, a pretty reasonable hotel room is about 50 to 80 ringgit a day.

The car is still being driven virtually everyday. So, everything is known to be in working condition.

Please communicate by email: hannweitoh@yahoo.com

Condition of car:

- Warranty now expired.
- In Johor Baru.
- Engine overhaul done in 2007. That was the only time the car broke down on the road in the past three years.
- Alternator replaced by Naza under warranty.
- Ignition coil replaced by Naza under warranty.
- Four 2007 tires.
- Almost new interior, including the carpet, as I laid my own carpet on top of it.
- Switch column changed at Nasim.
- Brake switch changed at Nasim.
- Silencer changed at Nasim.
- Phase sensor changed at Nasim.
- With gear shift lock.
- With reverse sensor.
- With alarm system.
- Side-windows tinted by dealer.
- Between 21000 and 22000 kilometers.
- 8.23 L / 100 km (my experience) on city roads, very short journeys of less than 3 km each in average.
- 5.60 L / 100 km (my experience) on highway.
- No accident. Okay, it did bump into my house gate while reversing and lost some paint on the rear bumper (less than a five-cent coin in area).
- Full service and part replacement records.

Make Naza
Model Sutera
Series N/A
Fuel Petrol
Registered 2006
Manufactured 2006
CC 1075
Transmission Manual
Exterior Color Amber orange
Interior Color Light brown
Doors 5
Seat 4
Mileage 22000
No. Owner 1
Owner Type Private
Paint Solid
Engine Type Double overhead cam, 16 valves
Fuel System Multipoint EFI
Specification
Air Bag(s)
Accident Free
Under Warranty
Air Conditioning
Central Locking
Power Steering
Power Windows
Cassette Player
CD Player
CD Changer
AM/FM Radio
Alarm System
ABS
Auto Cruise
Reverse Sensor
Electronic Mirror
Alloy Rims
Leather Seats
Catalytic Cvt.

General Information
Listing ID MYA179715
Date Posted 8/23/2009
Loan N/A
Seller ID hwt
Seller Name Toh Hann Wei
Office No. -
Mobile No. 017-7790079
Home No. 00-0000000
Location Johor Baru,Johor

Note : The seller assumes all responsibility for listing this item. Please contact the seller to resolve any questions before or after purchasing the item. Currency is in Ringgit Malaysia (RM) unless otherwise noted

NAZA SUTERA 1.1

Individual Naza Sutera 1.1 M
Condition : Used
Price : RM 18,800.00 Best Offer
Used Car Home> Cars> Passenger Car>

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Make Naza
Model Sutera
Registered 2006
Manufactured 2006
CC 1075
Transmission Manual
Mileage 69999

General Information
Listing ID MYA181726
Date Posted 9/3/2009

Seller's Description

One owner ,nice interior ,easy to maintain ,all standard part ,tip-top condition ,trade in welcome.
Location SEMABOK MELAKA!!!
Ah Ti 0166617890
Gan 0162298611
Ong 0163306022

Note : The seller assumes all responsibility for listing this item. Please contact the seller to resolve any questions before or after purchasing the item. Currency is in Ringgit Malaysia (RM) unless otherwise noted

used NAZA SUTERA 1.1.

Dealer NAZA SUTERA 1.1(M)
Back to previous page
Condition : Used
Price : RM 21,333.00
Used Car Home> Cars> Passenger Car>

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Click On The Small Picture To Enlarge

Seller's Description

*** NAZA SUTERA 1.1(M) *** 21333 !!!

WELL MAINTAN, CAREFUL OWNER, SUITABLE FOR HOUSE WIFE,100% ACC FREE,ORIGINAL CONDITION,VERY CLEAN INTERIOR,LOW MILEAGE,WE ACCEPT TRADE IN,
*WE CAN PROVIDE LOWEST INTEREST FROM BANK
*ALL THE CAR INSPECTION BY PUSPAKOM,
*THE OWNERSHIP GUARANTEE TRANSFERABLE.
khaipeng@hotmail.com
HONG HUAT MOTOR CO.
7G,LORONG DELIMA 3,ISLAND GLADES,
11700 PENANG WEST MALAYSIA.
www.honghuat.com.my
*PLEASE CALL MR.SENG 012-4367555 OR MR.SHANDRU 017-5553989 *


Make Naza
Model SUTERA 1.1 (M)
Series SUTERA
Fuel Petrol
Registered 2006
Manufactured 2006
CC 1075
Transmission Manual
Exterior Color KUNING
Interior Color GRAY
Doors 5
Seat 5
Mileage 51122
No. Owner 1
Owner Type Private
Paint Solid
Engine Type 1.1 (M)
Fuel System FUEL INJECTION
Specification
Air Bag(s)
Accident Free
Under Warranty
Air Conditioning
Central Locking
Power Steering
Power Windows
Cassette Player
CD Player
CD Changer
AM/FM Radio
Alarm System
ABS
Auto Cruise
Reverse Sensor
Electronic Mirror
Alloy Rims
Leather Seats
Catalytic Cvt.

General Information
Listing ID MYA181208
Date Posted 9/1/2009
Loan N/A
Seller ID honghuat
Contact Person 012-4367555/012-4283981
Company Hong Huat Motor Company
7-G, Lorong Delima 3,
Island Glades
11700 island glades, Penang Malaysia 04-6588484/04-6587686
Office No. 04-6588464,04-6587686,
Mobile No. 012-4308928/012-4247333
URL Visit Homepage

Note : The seller assumes all responsibility for listing this item. Please contact the seller to resolve any questions before or after purchasing the item. Currency is in Ringgit Malaysia (RM) unless otherwise noted

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Sasuki Rear Disc Brake Pad For Naza Sutera 1.1

Sasuki Rear Disc Brake Pad For Naza Sutera 1.1
Item condition: New
Ended: Aug 21, 200913:36:10 MYT
Bid history: 0 bids
Starting bid: RM 85.00
Postage: Read item description or contact seller for details.See more services See discounts | See all details
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Naza Sutera

Google Web Alert for: naza sutera
Used Naza SuteraMay 2006 for sale from Malaysia Autoworld Used Car ...
Make, Naza. Model, Sutera. Series, NA. Fuel, Petrol. Registered, 2006. Manufactured, 2006. CC, 1075. Transmission, Manual. Exterior Color, Amber orange ...

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Google Web Alert for: naza sutera
Naza sutera 1.1 Manual Cars for sale Penang Mudahmy
Naza sutera 1.1 Manual Engine Capacity:1075cc. Accessories:1,2,4,5,8,9,10,11,12. Make:23. Mileage:45 000 - 49 999. Model:1106. Reg. year:2006.

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HERE MY FEEL ABOUT SUTERA

Naza will be launching it’s new Naza Sutera (Naza NX-01) tomorrow in Bertam, Penang. The Naza Sutera will be Naza’s first foray into the national mini car market, currently dominated by the Proton Savvy and the Perodua Myvi. Naza also sells the Kia Picanto but that’s not really the same price range and it is considered an import car.

Also at the launch will be importers from the UK, India, Pakistan and some Asean countries. Naza will be signing agreements with these importers to export the Naza Sutera (Naza NX-01) to their countries. Out of 30,000 units of the Naza Sutera’s production yearly, it’s expected that 33% which is 10,000 units will be destined for export. Exports are expected to start in 3 months time.

Update: Naza Sutera launched, more details here!

The Naza Sutera (Naza NX-01) will be a mini car competing with cars like the Proton Savvy and the Perodua Myvi. It is touted as a recession-proof car, economical enough to maintain and run even through recession. This market range hopes to convert motorcyclists to car users.

Naza says the Naza Sutera was developed and styled by Naza at it’s Gurun R&D center together with Italia, British and South Korean designers. Although not mentioned in today’s press report, it’s quite clear that the car is based on the Hafei Lobo, a small Chinese car with a 1.1 liter engine. Naza re-engineered it to be right-hand drive and customised the styling to suit Malaysian preferences.

The Naza Sutera is expected to cost between RM35,000 to RM40,000. Naza also confirmed that the Naza NX-02 will be based on the Peugeot 206 and will have a production of 10,000 units a year, with 3,000 of that amount for export. The Peugeot 206 based Naza NX-02 will be priced between RM65,000 and RM75,000 and is expected to be introduced in May.

If you want to know how the Naza Sutera (Naza NX-01) looks like, have a look at the Naza NX-01 spyshots post. The original Hafei Lobo 1.1 that it was based on is also available for viewing here.

Related Posts: Naza NX-01 spyshots

Update: Naza Sutera launched, more details here!

Read more: http://paultan.org/2006/04/21/naza-sutera-nx-01-to-be-launched-tomorrow/#ixzz0P4qBX1Lc

HERE YOUR DREAM CAR

Proton waja/persona
Model : Proton waja/persona
Year : 2006
Price : RM 18,000
Call : 0139029269
Specification :
D/Payment :
Date Posted : 22 Jun 2009

Proton wira
Model : Proton wira
Year : 2005
Price : RM 23,800
Call : 012-2126468
Specification : accident free, well maintained, clean interior, good to buy, loan available, must view, one owner, full spec
D/Payment :
Date Posted : 17 Jun 2009
Honda Odyssey
Model : Honda Odyssey
Year : 2000
Price : RM 59000
Call : +818038813642
Specification : Honda Odyssey RA6 Year 2000 Hi, i wanted to sell my Honda Odyssey for rm56K. any question can contact me via email; pdah200345@yahoo.com Mileage: 83 000 miles Body type: Minivan/Van Exterior color: pearl white Engine: 2300cc Transmission: Automatic Fuel type: Gasoline Good in conditions, accident free, well maintained, good to buy
D/Payment :
Date Posted : 03 Jun 2009

Proton WIRA
Model : Proton WIRA
Year : 2004
Price : RM 23,500.00
Call : 012-3131458
Specification : accident free, one owner
D/Payment : 5%
Date Posted : 20 Apr 2009
Toyota innova 2007 2.0g auto
Model : Toyota innova 2007 2.0g auto
Year : 2006
Price : RM 85000.00
Call : 0126697087
Specification : warna hitam full eksesori,ada dvd player,tv,sport rim19 inci,body kit.tahun 2007, airbags, accident free, clean interior, good to buy, like new, ABS, full spec, leather seat
D/Payment :
Date Posted : 05 Mar 2009

Mercedes-Benz w 210 E230 Auto
Model : Mercedes-Benz w 210 E230 Auto
Year : 1996
Price : RM 66666
Call : AA )19 3315 415
Specification : Round loght merc..one malay owner.., airbags, low interest, accident free, well maintained, clean interior, good to buy, loan available, must view, one owner, ABS, full spec, low milleage, trade in welcome, leather seat
D/Payment : 20%, Finance loan
Date Posted : 29 Jan 2009





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