Haha why Auntie Huangg is a Kon , she invested only one PMCorp . 1st post on November 2013 , after December 2013 went hibernated more than 7 years .
>> Posted by messi > 2013-12-09 10:14 | Report Abuse
calvin cakap TP RM1.50...long term RM10.00
Posted by calvintaneng > 2013-12-09 14:21 | Report Abuse
According to Huangbk72, DKSH made only 2 to 3% profit distributing food for established brands. Tango & Tudor are NFI own brands - making a 30% over gross profit! In The Long Run PM Corp will overtake DKSH.
Recent Lies :
1.) Saying I will not promote any more stock as posted in Serba .
👉 Twisting my post as this is one of the Kon said in Serba as posted by me .
2.) 👉Twisting I am threaten her to follow her in i3 , my post is attention to a Kon but not her .
When asked for Proof , Her reply is No Need . What a shameless Liar . Just ignore her , reply only if necessary..
Investment certificate * JHDP shall be entitled to 10% tax rate for the full term of the project. * JHDP shall be exempted from corporate income tax for 4 years and 5% tax rate for another 9 years from 1st year with taxable income or 4th year whichever is earlier.
* The JV agreement provided that Jaks resources (JRB) shall execute subcontract agreement with CEEC in relation to its scope of work under the EPC Contract 2. * For EPC1 contract, CPECC contractors shall achieve the completion of the performance tests and satisfaction of the conditions for 1st generation unit by 42 months from agreed construction start date, or pay US$280,000 per day of delay. However, Jaks shall procure its subcontractor to pay the delay damages of US$120,000 of its EPC2 contract. * Under contracts EPC1 and EPC2, if the minimum output without fuel oil support exceed the guaranteed minimum output level, contractors shall be liable for damages of US$2,800 per KW. * Under contracts EPC1 and EPC2, damages of US$5,000 per KW is payable by the contractors if net output of electricity is less than the guaranteed net output by less than 3%. If more than 3%, the amount payable is US$13,500 per KW. * Under contracts EPC1 and EPC2, If the net heat rate of each unit is greater than the guaranteed net heat rate by 2.5% or below, damages of US$400,000 per kcal/KwH is payable. If more than 2.5%, Damages shall be US$800,000 per Kcal/KwH. * Under contracts EPC1 and EPC2, if limestone consumption rate is higher than guaranteed rate by 5% or below, contractors shall be liable for damages of US$465,000 per ton/h. if more than 5%, damages shall be US$930,000 per ton/h
Shareholders agreement (SHA) * Shareholders agreement dated 6 July 2015 entered between JPH, CPECC and JPP to regulate their proposed relationship as shareholders of JPP as well as certain matters relating to the management of JPP and also to govern their relationship in respect of matters related to JHDP. * The EPC cost for the project shall not be more than US$1.515b excluding working capital. * The total shareholder funding shall not be more than US$467.125m * Project financing based on debt to equity of 75:25 * In the event additional shareholder’ funding required other than due to project cost exceeding US$1.8685b, CPECC shall provide additional funding in the form of (i) additional RCPS which will reduce JPH effective economic interest and/or (ii) interest bearing shareholder loan at bank interest, at the option of CPECC. * JHDP Board of directors, 3 from JPH and 2 from CPECC. However, 3 years after COD, 2 from JPH and 3 from CPECC. * JPP Board of directors, 2 from JPH and 3 from CPECC. * In the event of deadlock, buyout of opponent procedures will be initiated. * CPECC irrevocably grants to JPH non-transferable rights (option) to increase its effective economic interest in JPP to 40% at such price based on cost of investment plus holding cost. The option is exercisable by JPH up to expiry of 3rd year after the COD.
* Vinacomin shall supply anthracite coal for the full term of the BOT contract. * Failure of supply gives JHDP the right to source for alternative coal from domestic or foreign sources and seek compensation from Vinacomin for additional costs. * JAKS’ COAL SUPPLY AGREEMENT WITH VIETNAM NATIONAL COAL-MINERAL INDUSTRIES GROUP (“VINACOMIN”) (“CSA”) - The CSA provides for the delivery by Vinacomin and purchase by JAKS Hai Duong of coal for use in the Project from testing and commissioning until the termination of the BOT Contract or other circumstances as stipulated under the CSA. The quantities of coal to be supplied by Vinacomin will be determined, among other things, by the actual plant load factor and operating performance of the Facility and the quality and other characteristics of the coal used at the Facility. JAKS Hai Duong will have the right to buy from other coal sources in the event Vinacomin is unable to meet its obligations under the CSA and provided that the coal price from the other source have been agreed by both parties and approved by MOIT. There is no take or pay obligation (minimum order obligation) in the CSA.
* JAKS’ POWER PURCHASE AGREEMENT WITH VIETNAM ELECTRICITY (“EVN”) (“PPA”) - The PPA provides for EVN to purchase and the BOT Company to sell electricity generating capacity and electricity generated by the Facility for 25 years after the commercial operation date of the Facility unless extended or earlier terminated as stipulated under the PPA. The tariff charged by JAKS Hai Duong to EVN comprises the capacity charge, energy charge and supplemental charge. Fuel (coal and secondary fuel) and limestone costs will be passed-through costs under the PPA. * The Capacity Charge is a fixed payment that is paid each period for each kilowatt of available (not dispatched) capacity. It includes fixed charges involved in the construction, operation, and maintenance of the power plant, including charges for: – Repayment of the principal and interest of the debt used to construct the facility – Return on equity capital invested – Fixed operation and maintenance (O&M) costs that are independent of the amount of energy generated (e.g., staffing costs, administrative expenses, operator fee, insurance premiums, etc.) – Possible fixed costs related to fuel supply and transportation, such as demand or through-put charges, or minimum take-or-pay obligations.
The Energy Charge is paid each period for each kilowatt hour of energy dispatched and delivered at the agreed delivery point during that period. It includes variable costs involved in the generation of the energy delivered, including charges for: – Commodity charges for each unit of fuel used, including the cost of fuel and its transportation to the plant – Variable operation and maintenance costs (e.g., spare parts, lubricants, and other consumables) – A major maintenance sinking fund to cover the costs of required turbine maintenance based on usage. The Supplemental Charge covers other costs not included in either the Capacity or Energy Charges, including: – The costs of start-ups beyond an agreed number each year reflecting the cost of fuel per start-up and likely a contribution to the major maintenance sinking fund – The costs of ancillary services provided if such services are included in the scope of the PPA – Any supplemental charges for repairing damage to the facility as a result of a Force Majeure event if such repair is the responsibility of buyer