Market uncertainty has increased ... KLCI falls into the red too
https://www.nbcnews.com/politics/2024-election/trump-reacts-biden-dropping-out-worst-president-rcna162936

Monitor 1st ... Market is so uncertain

forgive me if there are any omissions ✍🙏

Below is an excerpt from an interview with BFM and KAB CFO:

1) Overview of Kinergy Advancement Berhad (KAB):
- Initially an electrical and mechanical engineering company.
- Transitioned to sustainable energy solutions in 2020 during the pandemic.
- Focus on providing comprehensive energy and engineering solutions.

2) Business Transformation:
- KAB started focusing on renewable energy, energy-saving solutions, and sustainability.
- The transformation aimed to help businesses save electricity and money while meeting environmental, social, and governance (ESG) goals.

3) Company Growth and Achievements:
- Successfully expanded its product portfolio in June 2023.
- Significant increase in net profit, highlighting a growth rate of 20 times over previous figures.
- Recognized for its efforts in sustainability, receiving various accolades and expanding its presence in the energy sector.

4) Challenges and Market Position:
- Experienced fluctuating stock prices, peaking in 2021 and facing corrections since.
- The shift to sustainable energy brought new challenges and required strategic acquisitions and investments.
- Continues to explore opportunities in renewable energy across Southeast Asia.

5) Future Plans and Vision:
- Plans to continue expanding its renewable energy portfolio.
- Focuses on becoming a leading player in the energy market by offering diverse energy solutions.
- Committed to helping clients achieve energy savings and sustainability goals.

Besides HSR, YTL will handle ECRL project as well ?

Nice interview between BFM and CFO of KAB. The conversation was conducted in Mandarin btw

https://klse.i3investor.com/web/blog/detail/kianweiaritcles/2024-07-09-story-h-157108708

YTL moves stronger than YTL Power today 😁

Slow and steady wins the race. In KAB’s case, it’s moving slowly but surely. ha

Yeoh's family will become the richest family in Malaysia ? 😃

Wow, KAB is going up instead ! It is riding with data center wave

https://www.thestar.com.my/business/business-news/2024/06/22/kab-rides-data-centre-wave

Oh ... Retreating? https://theedgemalaysia.com/node/716358

It didn't drop despite of that ..

It is heading towards 40 cents steadily 🚌🚐

https://www.thestar.com.my/news/nation/2024/06/19/malaysia-and-china-ink-14-mous?utm_medium=socmed&utm_source=TG

Malaysia and China have exchanged 14 memorandums of understanding (MOUs) through which both countries will share expertise and best practices, and collaborate in various fields.

The exchange of MOUs was witnessed by Prime Minister Datuk Seri Anwar Ibrahim and Chinese Premier Li Qiang here on Wednesday (June 19) during the latter’s three-day official visit to Malaysia.

Among the highlights was the Protocol Between the General Administration of Customs of the People’s Republic of China and Malaysia's Agriculture and Food Security Ministry covering phytosanitary (plant health) requirements for exporting fresh durians to China.

ALSO READ : Li Qiang accorded official welcome at Dataran Perdana

Minister Datuk Seri Mohamad Sabu exchanged the MOU with Chinese Ambassador Ouyang Yujing.

This means that Malaysian durian farmers will be able to export fresh durians instead of frozen fruit to China starting this year.

The Investment, Trade and Industry Ministry (Miti) exchanged three MOUs with China: the Second Cycle of the Five-year Programme for Economic and Trade Cooperation (2024-2028); Strengthening Investment Corporation in Digital Economy; and Promoting Investment and Cooperation in Green Development.


STARPICKS
APU becomes first Malaysian university with QAA UK accreditation
Its Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz exchanged the MOUs with his counterpart Wang Wentao, the Commerce Minister of China.

ALSO READ : Chinese premier Li's visit celebrates 50 years of Malaysia-China diplomatic ties

The Home Ministry also exchanged two MOUs with China, the Agreement on Cooperation in Preventing and Combating Transnational Crimes; and the Letter/Note of Intent on Visa Exemption between Malaysia and China.

Home Minister Datuk Seri Saifuddin Nasution Ismail exchanged the MOU with Ouyang and China’s Vice-Foreign Minister Ma Zhaoxu.

Housing and Local Government Minister Nga Kor Ming and Ouyang exchanged the MOU on Cooperation in the Field of Housing and Urban Development.

The Tourism, Arts and Culture Ministry, represented by its Minister Datuk Seri Tiong King Sing, also exchanged two MOUs with Ouyang: the Executive Programme for the Implementation of the Agreement on Cultural Cooperation; and Cooperation in the Field of Tourism.

The Communications Ministry, represented by Deputy Minister Teo Nie Ching, exchanged two MOUs with Ouyang: one with China Media Group of the People’s Republic of China on Cooperation in the Field of Media; and the other on Strengthening Cooperation in the Postal Field between the Malaysian Communications and Multimedia Commission (MCMC) and the China State Postal Bureau.

Science, Technology and Innovation Minister Chang Lih Kang exchanged an MOU on Science and Technology, People-to-People Exchange Programme with Ouyang.

Finance Minister II Datuk Seri Amir Hamzah Azizan also exchanged an MOU on the Joint Statement on National Single Window for Cross-Border Trade Initiative.

Higher Education Minister Datuk Seri Dr Zambry Abd Kadir exchanged the MOU on Cooperation in the Field of Higher Education.

Li arrived in Malaysia on Tuesday (June 18). His official visit will conclude on Thursday (June 20).

ALSO READ : China ready to work with Malaysia to build China-Malaysia community, says Li Qiang

This is his first trip to Malaysia since assuming the post in March last year.

Li’s visit coincides with the 50th anniversary of the establishment of diplomatic relations between Malaysia and China, following the signing of the Joint Communiqué between then prime minister Tun Abdul Razak Hussein and then Chinese premier Chou En Lai on May 31, 1974.

Li is expected to have an audience with his Majesty Sultan Ibrahim, King of Malaysia on Wednesday after departing Seri Perdana.

Li and Anwar are also expected to attend a dinner to celebrate the 50th anniversary of diplomatic relations in the evening.

The Chinese Premier is also expected to attend the East Coast Rail Link (ECRL) groundbreaking ceremony in Gombak in the evening and a luncheon with the business communities of both countries on Thursday.

China has remained Malaysia’s largest trading partner for 15 years since 2009, with trade amounting to RM450.84bil last year.

THE Sustainable Energy Development Authority (SEDA) Malaysia, will be organising the sixth International Sustainable Energy Summit (ISES) 2024, a cornerstone event for sustainable energy dialogue and innovation, on August 20-21, at the Kuala Lumpur Convention Centre (KLCC).

https://www.thestar.com.my/business/business-news/2024/06/03/ises-2024-exploring-energy-transition-through-innovation

Tomorrow goreng is coming ?

Nice, Leward88. By the way, PT Green Energy Specialist One has secured a 25-year Power Purchase Agreement with Indonesia’s state electricity company, PT Perusahaan Listrik Negara (PLN). This agreement ensures a steady revenue stream for KAB, solidifying its financial stability and regional presence. Additionally, KAB has secured an exclusive deal with four palm oil millers for the supply of palm oil mill effluent, essential for biogas production.

Momentum slows down ...?

Seeing a lot of buy trades at 37 cents today. Getting another project from Mahsing? hehe

Yupe, can see Yeoh family was buying the shares continuously

Dont worry, KAB will move up strong like Mahsing in one day
https://www.orientaldaily.com.my/news/business/2024/05/31/655563

If game over at 1.40, it wouldn't go up until RM3.80, bro

What I see is that KAB is still consolidating at 0.37 there and also buying volume is slowly building up

It's going up lor. The market would not move according to your guesses or estimates one, Antifanaticracism

Antifanaticracism

Tomorrow will go down further

19 hours ago

Electricity demand in Peninsular Malaysia and Sabah grows 3.8pct in 2023. Kinergy's SES business will continue to grow

https://www.nst.com.my/business/corporate/2024/05/1053491/electricity-demand-peninsular-malaysia-and-sabah-grows-38pct-2023

I will still keep it until it penetrate Rm4
https://theedgemalaysia.com/node/712825

https://www.theborneopost.com/2024/05/16/malaysia-to-work-closely-with-saudi-arabia-in-renewable-energy-says-fadillah/

This counter will go up soon

Malaysia is ready to work closely with Saudi Arabia in exploring potential cooperation, as well as exchanging knowledge and experience in the field of renewable energy, in line with Malaysia’s National Energy Transition Roadmap (NETR)

RM4 when its Q3 result is announced

Can confirm that its Q1 results will be announced before 31st 😁😁

Heard that when YTL was at RM3, dude. Now, it is Rm3.65. Still saying overvalued if YTL hits RM4? 😆

No idea how the commercial trading of the certificates work, but it can provide additional revenue to the renewable energy industry ...right?

YTL will catch up YTL Power 😁

No wonder the price retraced last week... Now it's back to uptrend after certain party(ies) bought from him

https://klse.i3investor.com/web/insider/detail/SBSH_584974_2759288412

Can say retailers and foreign funds are buying in YTL today 😁

With this momentum, YTL is likely to hit RM4 by this month 😊

Monitor for the next rally. Get ready and prepare some bullets 😁

YTL is really a mvp stock 👑👑

that's the good news 🙂

KAB has been awarded Top 10 Energy Sustainability Solutions Provider in APAC 2024

https://theedgemalaysia.com/content/advertise/top-10-energy-sustainability-solutions-provider-in-apac-2024-kinergy-advancement-berhad-kab

With this momentum, it's more likely heading towards RM3

Malaysia intends to export up to 300MW (megawatts) of renewable energy (RE) to Singapore

https://theedgemalaysia.com/node/708172

So goooood
https://klse.i3investor.com/web/mktbzz/additional-detail/37074_1619447436

probably war will get worsen ...Let's see how the markets react on that ...

https://www.bharian.com.my/dunia/asia/2024/04/1235158/tentera-udara-israel-muktamad-persiapan-kemungkinan-serang-iran

YTL has more than RM14 billion in cash and cash equivalent, memang tak perlu minta sedekah from govt 😄

Both of you guys are so funny. haha. One of Vern's high heels is boycotted currently, so, you will ask adamdacutie to wear it also, JustinX78 ? 🤣

it is passing Rm2.70 today

nah, it's moving up. No sign of profit-taking

follow boss buy mother share, not the warrant