Haha the bet is oredi cancelled.. as Conartist Callvin is not agree .. still boolShitting..

The difference is whether you r telling Lies … a Kon Stingray ..

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国际财经
英伟达现“泡沫论” 内部人士纷纷套现

2024年03月07日

https://www.enanyang.my/node/593677

MATERIAL LITIGATION JAKS Resources Berhad ("JRB" or the "Company") Star Media Group Berhad ("STAR") Claim on Corporate Guarantee

JAKS RESOURCES BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description
JAKS Resources Berhad ("JRB" or the "Company") Star Media Group Berhad ("STAR") Claim on Corporate Guarantee
Further to the announcement dated 9 May 2023 and the update on Material Litigation in the third quarter results issued on 28 November 2023, the Board of Directors of the Company wishes to announce that the Hearing for the above matter which was scheduled on 6 December 2023 was adjourned to 7 March 2024. Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad pursuant to its Listing Requirements. This announcement is dated 12 December 2023.

Haha see item 3 on Conartist Callvin .. 15 months …

Never respect Kon n actor…

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Haha Warchest ke , Blower Pang72 ke .. not Blowing AI Telur ke … 🤣🤣🤣

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Haha From RM 5.00 to Below RM 0.60 pun lepaking Saja wow …😅😅🤣

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Jaks

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Grand Total = RM 529.089 Million

Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.

Initially PayBack 8 to 9 years ..

Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年

Haha as said during 2017/2018 Mr.KY2 see the Value of Jaks with intention to Take Over ( holding 150 million shares under Margin Account, Chivo Capital posted is 30 % … Nosh is ard 483 million share ) … A disaster to both end ..and shareholders…

There is RI in Warrant B issued with price RM 0.25 on 2018 , expired on End 2023 ..Ex price RM 0.64 … is changed to RM 0.34 on 2022 ..

Those holding Warrant B are at Loss .. even the Jaks insiders ..

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Haha Xiaoeh 2.0 ke ..don’t be like him free to be Gaipo , but no time n lazy to study Financial Result .. Stucked at Jaks RM 0.365 wow … what a waste of Opportunity le 2020 May …

lee901
lee901 | Joined since 2020-05-25

xiaoeh
xiaoeh | Joined since 2020-05-07


lee901
lee901 | Joined since 2020-05-25

xiaoeh
xiaoeh | Joined since 2020-05-07

Haha Substantial shareholder wow … refer Annual Report FY2022 … is Ang Lam P .. Top 1 with 7.46 % …Top 2 A L P also with 3.01 % ..Total 13.97 % …

Substantial Shareholder as at March 2023 :

1.) Ang L P 13.97 %

—-

Posted by mrarchie > 1 hour ago | Report Abuse

one of the substantial shareholder of this company is owner of another small listed company ( construction sector ), guessing he suffering massive loss, just curious how much he bought in his stake and how massive is his loss 😂😂

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Haha PA did share consolidation 2 into 1 during Uptrend ( During My Volume Play Case Study .. from RM 0.165 to RM 0.24 then share consolidation 2 into 1 —- RM 0.48 to RM 0.59 …

PA is with Low NTA ( current RM 0.1915 ) … Jaks current NTA RM 0.67 …

Haha r u stucked High during 2017/18 :

us3rname
us3rname | Joined since 2013-05-23

soon9913
soon9913
soon9913 | Joined since 2011-12-14

2011 member play double head 🐍 Wayang in Jaks forum with


>> It's Compounding
everydaysfri | Joined since 2011-05-07


One head is Positive, One head is Negative.


👉 Id : everydaysfri can changed his Name It’s Compounding to others Name .. Beware ..

Haha This week Star Trial is in Federal Court… the Final judgement…

Haha Star Trial Date I did posted earlier..

MATERIAL LITIGATION JAKS Resources Berhad ("JRB" or the "Company") Star Media Group Berhad ("STAR") Claim on Corporate Guarantee
JAKS RESOURCES BERHAD
Type Announcement
Subject MATERIAL LITIGATION
Description JAKS Resources Berhad ("JRB" or the "Company") Star Media Group Berhad ("STAR") Claim on Corporate Guarantee
Further to the announcement dated 6 May 2021, the Board of Directors of the Company wishes to announce that the appeal lodged by the Company at the Court of Appeal vide Civil Appeal No.: W-02(IM)(NCVC)-1122-08/2020 was allowed and the judgment given by the High Court on 7 August 2020 was set aside in the entirety. 
 
This effectively sets aside the judgment by the High Court on 7 August 2020 which ordered for:
 
(a) the Late Payment Interest of RM50,542,117-82 calculated at 8% per annum from the balance purchase price of RM134,500,000-00 from 25 October 2015 – 6 July 2020;
 
(b) the Late Payment Interest be calculated at 8% per annum from the Balance Purchase Price of RM134,500,000-00 is to continue from 7 July 2020 - date of completion and delivery of the Vendor's Entitlement in accordance with the terms of the Sale and Purchase Agreement dated 19 August 2011.
 
Consequently, the Company also succeeded in defending the two appeals lodged by STAR vide Civil Appeal No.: W-02(IM)(NCVC)-1188-09/2020 and Civil Appeal No. W-02(IM)(NCVC)-1435-10/2020.

The Court of Appeal directed that Suit No.: WA-22NCVC-258-04/2019 where the Company has counterclaimed for damages arising from loss of profit from corporate exercise, loss of reputation and loss and impact on the status of the Defendant as public listed company and WA-22NCVC-374-05/2019 where the Company has claimed for the sum of RM248,242,987-62 as liquidated ascertained damages, RM297,035,481-00 as loss of proceeds from corporate fundraising exercise and refund of RM50,000,000-00 together with all interests pursuant to the Bank Guarantees be refunded, be reverted back to the High Court for full trial before Justice Nazlan Mohd Ghazali.

The Company will make further announcement on developments of the above matter as and when necessary.

This announcement is dated 28 July 2021.

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👉 Haha hope this will be Jaks last Local Construction Project:


PACIFIC STAR
Section 13, Petaling Jaya
Pacific Star is an elite mixed development project located on 6.04 acres land at Section 13, Petaling Jaya with Gross Development Value of RM1.08 billion. The Group acquired the land from the Star Publications for RM135 million and the payment for this consideration would be the construction and transfer of an office tower to the Star Publications. This development consists of 5 blocks for residential units and commercial space purposes.

Star Publications has exclusive rights to Tower A, while Tower B, also an office suites, has 258 units. Tower C on the other hand consists of 191 units of semi-D like homes. Tower D consists of 156 units of serviced apartments located on the 10th to 24th floor. Meanwhile, Tower E consists of 310 units sprawled over the 10th to 33th floor.

There are 4 levels of basement car parks, 4 levels of retail units, 3 levels of office suites and 6 levels of elevated car parks.


👉 From Key matter discussed on June 2022 :

👉👉👉 For the Pacific Towers Business Hub, the residential and commercial blocks have been completed and handed over to the buyers.



> Impairment Losses on 2022 :

1.) Goodwill = RM 29,000,000

2.) Receivables = Total RM 23, 836,668

> Impairment Losses on 2021 :

1.) Goodwill = RM 23,635,992

2.) Receivables = Total Rm 23,309,940

👉 For 4QR ended December 2023 .. Loss ( RM 24.8 Million ) …Impairment Loss on Local Construction ( 12 months ended December 2023 ) :

1.) Goodwill = RM 23,500,000

2.) Receivables = Total RM 32,893,000

Construction Division incurred a higher Loss before Tax = ( RM 63.3 Million ) in 4QR FY2023 compared to ( RM 40.5 Million ) in 4QR FY2022 .

—


Jaks

1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M

2023 : RM 131 million , Dividend RM 27.385 million


Total Share of Profit = RM 431.703 Million

Total Dividend = RM 97.386 Million

Grand Total = RM 529.089 Million

Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.

Initially PayBack 8 to 9 years ..

👉👉👉Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..

按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年

Haha let’s see the Price after 3.30 pm ….

Total Net Short Position for 01/03/2024

4723
JAKS
JAKS RESOURCES BERHAD
17,802,683
0.75 %


High 0.170
Low 0.150
Open 0.170
Volume 33,219,500
Volume (B/S) 11,984,600 / 4,264,300
Price Bid/Ask 0.150 / 0.155


High 0.170
Low 0.150
Open 0.170
Volume 34,482,200
Volume (B/S) 7,277,400 / 4,462,200
Price Bid/Ask 0.150 / 0.155


High 0.170
Low 0.150
Open 0.170
Volume 39,419,000
Volume (B/S) 7,234,200 / 7,813,000
Price Bid/Ask 0.155 / 0.160

Total Net Short Position for 01/03/2024

4723
JAKS
JAKS RESOURCES BERHAD
17,802,683
0.75 %

Jaks

Investment in Joint Venture:

( & PPE )

QR ended

> March 2016 = 128,297,000

( PPE = 19,269,000 )

> March 2019 = 197,171,000

> March 2020 = 362,479,000

> March 2021 = 601,150,000

> March 2022 = 748,656,000

> March 2023 = 829,105,000

( PPE = 273,041,000 )

> September 2023 = 897,378,000

( PPE = 299,238,000 )


> December 2023 = 904,495,000

( PPE = 296,599,000 )


—-

👉
2QR ended June 2023 :


Reserves . : 24,909,000


> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )

Gearing Ratio : 0.362X


>> Accumulated Profit on 3QR ended September 2023 : 350,327,000

Gearing Ratio : 3QR ended September 2023 : 0.352 X

👉 >> Accumulated Profit on 4QR ended December 2023 : 348,126,009

Gearing Ratio : 4QR ended December 2023 : 0.350 X

As for LSS4 , 2 QR with Loss ( COD on 21 August 2023 )

1.) QR ended September 2023 :

Revenue 3.3 million , Loss 1.4 million..

2.) QR ended December 2023 :

Revenue 4.3 million , Loss 0.4 million..

Insider statement from QR :

3. Prospects.

The Power-Energy division’s LSS4 solar project will provide a reliable additional
income stream and is expected to contribute positively to the Group’s revenue in
2024 as the full year’s contribution will be factored in.