P.A. RESOURCES BHD

KLSE (MYR): PA (7225)

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Last Price

0.395

Today's Change

+0.015 (3.95%)

Day's Change

0.38 - 0.40

Trading Volume

52,982,100


4 people like this.

5,720 comment(s). Last comment by Popeye 1 day ago

Mikecyc

44,231 posts

Posted by Mikecyc > 2023-01-10 20:12 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2023-01-10 20:15 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2023-01-10 20:17 | Report Abuse

Datuk Seri Lau Kuan Kam (“Datuk Seri Lau”), a Malaysian, male, aged 59 was appointed as an Independent Non-Executive Chairman of P.A.Resources Berhad (“PARB” or “the Company”) on 25 August 2014. He ceased to be a member of the Nominating Committee on 29 August 2017. He was subsequently re-designated as Group Managing Director of the Company on 16 May 2017. He was also a member of Remuneration Committees since 13 November 2015. Datuk Seri Lau began his career in 1981 as a Sales & Marketing Representative with Union Auto Mobil after graduating from high school. In 1987, he joined Bio-Organo Fertilizer Sdn Bhd as Marketing Manager. In year of 1990, Datuk Seri Lau founded Twin Arrow Fertilizer Sdn Bhd in the field of manufacturing fertilizer products. He expended the business into Twin Arrow Organic Sdn Bhd and Synetics Agriculture Sdn Bhd (“TAO”) in 2000. TAO has grown to become one of the largest manufacturers of compound, compact, mixtures and organic hybrid fertilizers in Malaysia. Twin Arrow Fertilizer Sdn Bhd was awarded The Inaugural Malaysia Brand Award in 2017.Datuk Seri Lau Kuan Kam has been awarded as the entrepreneur of the year in The 3rd Malaysia Golden Entrepreneur Award 2017.

Mikecyc

44,231 posts

Posted by Mikecyc > 2023-01-10 20:23 |

Post removed.Why?

Mikecyc

44,231 posts

Posted by Mikecyc > 2023-01-10 20:26 |

Post removed.Why?

UlarSawa

35,567 posts

Posted by UlarSawa > 2023-01-11 09:10 | Report Abuse

Haiyoh Chan Mali Chan continue pecah 31 sen liao leh. Look like ada more traders sudah notice the hidden gem continue to climb the hill to make new high kah. Haiyoh. Correct?

Mikecyc

44,231 posts

Posted by Mikecyc > 2023-01-11 10:25 | Report Abuse

Haha see see look look can jump over 0.35 ke … cheers …

Macrullen

351 posts

Posted by Macrullen > 2023-01-11 10:55 | Report Abuse

Come on 0.35

Mikecyc

44,231 posts

Posted by Mikecyc > 2023-01-12 17:16 | Report Abuse

Haha 0.34 … get ready to jump over 0.35 ke …

Mikecyc

44,231 posts

Posted by Mikecyc > 2023-01-26 12:55 |

Post removed.Why?

High5

1,269 posts

Posted by High5 > 2023-01-26 17:33 | Report Abuse

Owner alrdy gave notice to deal after closed hours

High5

1,269 posts

Posted by High5 > 2023-01-26 19:43 | Report Abuse

Is he acquiring more in anticipation of announcing a qr or is he disposing?

Mikecyc

44,231 posts

Posted by Mikecyc > 2023-01-26 20:41 |

Post removed.Why?

roger3210

4,964 posts

Posted by roger3210 > 2023-02-02 14:26 | Report Abuse

FYI, First solar being major client of PA, hit highest since 2010. more than 80% of PA revenue come from First Solar, and last year First solar extended PA contract.

Posted by Sawasdee Krab > 2023-03-24 22:50 | Report Abuse

Walau... without MikeTikus memang tak boleh UP..???
Gonna Call MikeTikus to report here once his suspend lifted..
Ular mesti ada Tikus.. baru ada ONG!

PS: jangan jangan telah Ditelan oleh Ular.. Haha!! Karb...

$$ BUYSELL $$

1,714 posts

Posted by $$ BUYSELL $$ > 2023-06-13 22:20 | Report Abuse

Many sleeping counter begin to play next step is watch volume PA and price 0.26 cents . Once no more sell 0.26 cents the Start is ready.

sbilis

50 posts

Posted by sbilis > 2023-10-01 17:47 |

Post removed.Why?

Posted by smallbilis > 2023-10-02 06:04 |

Post removed.Why?

Posted by smallbilis > 2023-10-02 17:05 |

Post removed.Why?

StingRay

6,841 posts

Posted by StingRay > 2023-10-02 18:32 | Report Abuse

I guess Jaks will end up like this counter.

StingRay

6,841 posts

Posted by StingRay > 2023-10-02 20:28 | Report Abuse

Oh ya... that Mike fella is the same person as John. Two different IDs by same person. What a con. 🤣🤣🤣

Posted by smallbilis > 2023-10-03 16:05 |

Post removed.Why?

Posted by SJNTFTNHHH > 2023-11-06 15:51 | Report Abuse

Huat Huat ......

pineapple

222 posts

Posted by pineapple > 2023-11-15 15:13 | Report Abuse

Level 4

xyaaa2

14 posts

Posted by xyaaa2 > 2023-11-22 09:36 | Report Abuse

pa gogogo

xyaaa2

14 posts

Posted by xyaaa2 > 2023-11-22 09:37 | Report Abuse

so quiet geh

Posted by StockSniffer > 2023-12-26 10:09 | Report Abuse

brewing

fl888

7,548 posts

Posted by fl888 > 2024-01-08 09:59 | Report Abuse

30cts break today...

Steve64

50 posts

Posted by Steve64 > 2024-01-11 15:08 | Report Abuse

Run , run, run ...30cts broken...😀

Posted by Sawasdee Krab > 2024-01-18 11:48 | Report Abuse

Mostly counter in bloody after New Logo Launch for Bursa... Hope later will turn up Sui Sui..!

Posted by NotComingForYou > 2024-01-18 22:35 | Report Abuse

Reference is made to the announcements dated 24 January 2018, 27 February 2018, 25 May 2021, 24 March 2022 and 25 March 2022 in relation to Extension of Supply Agreement entered into between P.A. Extrusion (M) Sdn. Bhd., a wholly-owned subsidiary of PARB with First Solar, Inc., First Solar Malaysia Sdn. Bhd. and First Solar Vietnam Manufacturing Co. Ltd.



The Board of Directors (“Board”) of PARB wishes to announce that the Company has on 17 January 2024 received Fourth Renewal of the Master Supply Agreement (“Agreement”) which signed and accepted by all parties to the terms and conditions as stipulated in the Agreement.



The salient terms are as follows: -

1.This agreement superseded agreement signed on 10 March 2022 for contract period from 2 January 2024 to 1 July 2024;

2. This contract renewal is for period from 2 January 2024 to 1 July 2025 valued at up to USD231.9 million (equivalent up to RM1.076 billion); and

3. This contract may be renewed by First Solar for subsequent one (1) year period upon notice to P.A. Extrusion (M) Sdn. Bhd., not later than thirty (30) days prior to the expiration of the current term.



Duration and Value of this Agreement

The total contract value for this Agreement up to USD231.9 million (equivalent up to RM1.076 billion) approximately for contract period from 2 January 2024 to 1 July 2025. The exchange rate applied to this contract value is USD1.00 = RM4.64.



Financial effects

This Agreement will not have any impact on the existing share capital and shareholding structure of PARB.

This Agreement is expected to contribute positive to the earnings and net assets of the PARB Group.



Risks

The risk factors affecting this Agreement includes changes in economic, regulatory and operational environment such as completion and delivery risk, fluctuation of material prices and foreign currencies which the Group would take appropriate measures to mitigate the risks.



Directors’ and Major Shareholders’ Interest

None of the Directors and / or major shareholders and persons connected to the Directors and / or major shareholders of PARB have any interest, direct or indirect, in this Agreement.



Directors’ Statement

The Board, after considering all the relevant factors, is of the opinion that this Agreement is in the best interest of PARB Group.



This announcement is dated 18 January 2024.

pinetree88

301 posts

Posted by pinetree88 > 2024-01-19 15:43 | Report Abuse

The 1st solar contract is over rm1b, is very major and significant over their past annual revenue of 400+m. Think price should trend higher when the penny shares sell off is over.

Popeye

420 posts

Posted by Popeye > 2024-01-22 18:43 | Report Abuse

Engine started or still not yet? Let's have a close look soon..

Income

10,425 posts

Posted by Income > 2024-01-31 08:33 | Report Abuse

Pa is 🐀 Mike stock. See see, look look 👀 only.

Jjtrader

1,178 posts

Posted by Jjtrader > 2024-02-02 18:49 | Report Abuse

Waiting for PA to show its true color

Popeye

420 posts

Posted by Popeye > 2024-02-15 13:59 | Report Abuse

Cool... new 52 week HIGH 👍

Popeye

420 posts

Posted by Popeye > 2 months ago | Report Abuse

On 19 February 2024 entered into two (2) Sale and Purchase Agreements on the acquisition of two (2) pieces of vacant leasehold industrial lands with Niken Steel (M) Sdn. Bhd. [Registration No.: 201501044560 (1169881-P)] of D-23-01, Level 23, Menara Mitraland, No. 13A Jalan PJU 5/1, Kota Damansara, PJU 5 Petaling Jaya, 47810 Selangor for a total consideration of Ringgit Malaysia Twenty-One Million (RM21,000,000.00) only as per terms and conditions stipulated in each Sale and Purchase Agreements.

Popeye

420 posts

Posted by Popeye > 2 months ago | Report Abuse

the Proposed Acquisition of Industrial Lands is expected to be completed within six (6) months

Bull13

1,037 posts

Posted by Bull13 > 2 months ago | Report Abuse

P.. recorded highest revenue ever. Pre tax profit increased 31% Declared 1s dividend. Sold past Q performance. Share price should be above 50s, I think.

Bull13

1,037 posts

Posted by Bull13 > 2 months ago | Report Abuse

Correction. Dividend only 0.05 s

Popeye

420 posts

Posted by Popeye > 2 months ago | Report Abuse

@Bull13
You may be rite if they later declare another half cents for financial year of 2024 😊

brayok

5 posts

Posted by brayok > 2 months ago | Report Abuse

Buy call by Rakuten. TP of 41 cts @ PER 11.😎

MACD

109 posts

Posted by MACD > 2 months ago | Report Abuse

Little dividend,,,, but still dividend…will grab some 😁

Income

10,425 posts

Posted by Income > 2 months ago | Report Abuse

What this means is that if you go back in time and kill your grandfather, you don't exist, which means that your grandfather cannot be killed. As you can see, there are two realities occurring in parallel here. The grandfather paradox is also a key plot element in the famous Hollywood movie Tenet (released in 2020), directed by Christopher Nolan.

pineapple

222 posts

Posted by pineapple > 1 month ago | Report Abuse

Get ready

Popeye

420 posts

Posted by Popeye > 3 weeks ago | Report Abuse

💢 LIVE: Israel launches missile attack on Isfahan in response to Iran assault 💢
💥💥💥

tangox3

3 posts

Posted by tangox3 > 2 weeks ago | Report Abuse

at 0.32 now can hold?

Posted by tomtom93 > 3 days ago | Report Abuse

tomorow fly or not?

Popeye

420 posts

Posted by Popeye > 1 day ago | Report Abuse

💢 Strong n Steady! 💢

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