KLSE (MYR): DNEX (4456)
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Last Price
0.445
Today's Change
0.00 (0.00%)
Day's Change
0.44 - 0.455
Trading Volume
52,918,200
Ann. Date | Date | Type | Name | Title | View |
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ME as my source in at .46 on friday so i jump in on.45 but to me money will come soon .
3 days ago
Hon Hai Foxconn may just really come in big
Taiwan is no longer conducive for business as the new president has declared Taiwan an independent country
A war is hanging over Taiwan
2 days ago
New 52 Week High Today
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16,794.87
2 days ago
Uptrends steadily to go far and high. How high? Depending on the upcoming announcements and outcomes.
2 days ago
sudah nasihat u awal2 dulu huhu
Posted by pritpritt > 3 days ago | Report Abuse
cepat beli bebisyak, lepas ni longkangman dah tak ketawakan u lagi
2 days ago
Apple supplier Foxconn among firms asked to cut power use in Vietnam: sources
21 May 2024 14:26
VIETNAMESE officials have called on Apple supplier Foxconn to voluntarily reduce power use by 30 per cent at its assembly plants in the north of the country where there were electricity outages last year, two sources familiar with the matter said.
The request for energy-saving measures, which two other industry sources said was sent to multiple manufacturers, is precautionary and aimed at averting a repeat of last summer when power shortage led to over a billion US dollars in lost output.
The request to Foxconn was "an encouragement", not a requirement and has not had any impact on production, one of the sources said.
Vietnam is increasingly welcoming multinational companies, some spreading their risk from traditional manufacturing base China amid rising trade tension with the US. Last month, Apple promised further spending in the country where over the past year it has raised its number of suppliers to 35 from 25.
The South-east Asian nation relies on foreign investment for economic growth and has been trying to attract energy-intensive industries, such as semiconductor manufacturing.
However, a heat wave last May and June triggered a power shortage that interrupted business in the north, causing US$1.4 billion worth of loss, or 0.3 per cent of gross domestic product, World Bank preliminary estimates showed.
In March, Prime Minister Pham Minh Chinh pledged to foreign investors that power shortages would not happen again.
The government has asked coal-fired power plants to delay maintenance to meet higher electricity demand in the hottest months, one of the sources said.
The sources did not specify who sent the requests, when the request to Foxconn was sent or for how long the voluntary cut in electricity use would be needed. One source said the request was open-ended.
All sources asked to remain anonymous because the matter was not public. Apple did not respond to a request for comment.
Coordination
Foxconn, formally Hon Hai Precision Industry, is the world's largest contract electronics manufacturer. It has half a dozen plants in northern Vietnam including in Bac Giang province where local authorities said it assembles Apple MacBooks and iPads.
State-owned provincial power distributor Bac Giang Power Company (BG PC) said in March it had asked industrial parks and authorities "to coordinate in implementing electricity savings", shown on the website of power regulator ERAV.
BG PC deputy director Do Binh Duong, in a separate statement, said: "Adjustment of power loads, adjustment of production plans and electricity saving implementation of enterprises will have a great impact on the power system".
The Ministry of Industry and Trade and state-owned power provider Vietnam Electricity, of which BG PC is a unit, did not respond to requests for comment.
Energy-saving measures appear to differ nationwide. An official at an industrial park in another northern province said manufacturers have been asked to reduce power consumption on some days this month.
Weather conditions are less challenging than in 2023 but authorities have boosted imports of coal and encouraged energy-saving to avoid shortages.
In March, foreign chambers of commerce urged the government to guarantee power supply, with South Korean's KoCham saying semiconductor companies had delayed investment decisions because of power supply risk.
2 days ago
DNEX has usually been very active in announcing MOUs. And every MOU signed leads to further decline in its share price. Now it has moved up without news. What does this say to you?
2 days ago
I have observed a number of peculiar things in DNEX this round. I will keep them close to my chest until the time is right. Goodluck guys
2 days ago
Our group EP at 200 EMA line for breakout and it broke out!
Our TPs
- TP1: 0.520
- TP2: 0.570
- TP3: 0.625
- SL: 0.370
17 hours ago
sillterra must expand !.. chip war is real.. the future of every nation will very much depend on chip.
13 hours ago
Almost 400 mill shares traded above 0.445..wonder how many more before we break the resistance. anybody know when NIISE will be awarded?
10 hours ago
8u29song
next week school holidays...big correction coming...
3 days ago