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2019-09-24 00:51 | Report Abuse
,Jaks the JPP is indeed a 50:50 JV between JPH and CPECC without taking into account of RCPS( RCPS shall rank in pari passu with all dividends payable by the Issuer to the JPP Shares)
(i) JPH to subscribe for approximately 140.14 million ordinary shares in JPP (―JPP Shares‖) at the subscription price of approximately USD140.14 million (approximately RM528.81 million); and
(ii) CPECC to subscribe for approximately 140.14 million JPP Shares at subscription price of approximately USD140.14 million (approximately RM528.81 million), 186.85 million redeemable convertible preference shares in JPP (―RCPS‖) at subscription price of USD186.85 million (approximately RM705.08 million) and 100 ordinary shares in JPP (―JPP HKD Shares‖) at subscription price of HKD100 (approximately RM48.68); jaks
Upon completion of the Subscription Agreement, JPH’s shareholding in JPP will be reduced from 100% to 50% whilst CPECC will own 50% in JPP and 186.85 million RCPS. The Effective Economic Interest of JPH and CPECC in JPP taking into account both the ordinary shares in JPP and RCPS shall be in the ratio of 30% and 70% respectively. Pursuant to the Option Agreement, JPH has the option to acquire from CPECC such number of RCPS or such equivalent number of JPP Shares upon conversion of the RCPS into JPP Shares or such combination of number of JPP Shares and/or RCPS, whereupon upon exercise of the Option, JPH’s Effective Economic Interest in JPP shall be up to 40%jaks
The board of directors of JPP shall consist of five (5) directors and upon JPH and CPECC being shareholders of JPP, the composition of the directors of JPP shall be as follows: (a) three (3) directors to be nominated by CPECC; and (b) two (2) directors to be nominated by JPH.jaks
The parties hereby agree that the Board of Directors for JHDP shall consist of five (5) directors and upon JPH and CPECC being shareholders of JPP, the composition of the directors of JHDP shall be as follows:-
(a) From the date of JPH and CPECC becoming shareholders of JPP up to three (3) years from the Commercial Operation Date of the Project:-
(i) three (3) directors to be nominated by JPH; and (ii) two (2) directors to be nominated by CPECC.
(b) After the expiry of three (3) years from the Commercial Operation Date of the Project:-
(i) three (3) directors to be nominated by CPECC; and (ii) two (2) directors to be nominated by JPH. The chairman of the board of directors in JPP will be a person nominated by CPECC from time to time and the chairman of the board of directors in JHDP will be a director nominated (from the date of the SHA up to three (3) years from the Commercial Operation Date) by JPH and (after three (3) years from the Commercial Operation Date) by CPECC. Jaks
2019-08-15 15:02 | Report Abuse
Do u guys think that Donald Trumps is so stupid to let their dow jones clash when he is on the coming presidency election! This guy is so brillant and smart sure will do something for the setback. Lower down the interest rate at fedetal congress will stable their economy and to hedge against at the equity market.
2019-06-29 00:25 | Report Abuse
MYEG worth more than the current price mkt value more than current. Grab more lol
2019-06-19 21:31 | Report Abuse
China - USA trade soon be resolved !
2019-04-27 16:09 | Report Abuse
Bursa wana increase the traded volume n reduce the loan amount. By early of next week, won't be seeing at this price. See u at the top
2019-04-27 16:07 | Report Abuse
By next week. When ECRL kicks off.. Don't be regret not buying from this price. See u at the top roar lion
2019-04-27 16:05 | Report Abuse
Bursa wana increase the traded volume n reduce the loan amt. Shortern contra period.
2019-04-23 03:38 | Report Abuse
PE 7.6 NTA =1.09, High EPS, sure this company is gonna sun rise to the max!
2019-04-22 23:50 | Report Abuse
You can talk whatever ghost stories you like tonight
your ghost stories will vanish itself when the sun rises tomorrow
2019-04-22 23:38 | Report Abuse
Current TP 1.21 see on top stated
2019-04-22 23:36 | Report Abuse
You can talk whatever ghost stories you like tonight
Your ghost stories will vanish itself when the sun rises tomorrow
2019-04-22 19:30 | Report Abuse
Long term sure up, postive sentiments
2019-04-22 18:22 | Report Abuse
To everybody, tomorrow is new. Let’s make the move. Whether the investor believe this or not, whether your friend believe this or not that is not important. As long as you believe it! No worry about the money,, money follow the people, people should have followed the dreams. If you believe it go ahead. When you optimistic
2019-04-22 18:21 | Report Abuse
To everybody, tomorrow is new. Let’s make the move. Whether the investor believe this or not, whether your friend believe this or not that is not important. As long as you believe it! No worry about the money,, money follow the people, people should have followed the dreams. If you believe it go ahead. When you optimistic there is always opportunities
2019-04-20 23:55 | Report Abuse
Actually feel very relieved. Because this shows the market has not even reached the excitement stage, what more at euphoria stage just before 1997. Dn't need to worry, when the market really heats up, everyone will rush to come in.
2019-04-16 22:25 | Report Abuse
Datasonic Group may soon test the RM0.545 resistance level. With a healthy RSI level, a bullish bias may be present above this point with a target price of RM0.605, followed by RM0.66. In this case, the immediate support is anticipated at RM0.49, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy on further rebound above RM0.545
Target: RM0.605, RM0.66 (time frame: 3-6 weeks)
2019-04-16 22:19 | Report Abuse
on domestic construction industry has been boosted by positive newsflow and we opine that the worst is over for the industry. ECRL will resume with lower construction costs and rerouting. Separately, MyHSR corporation plans to appoint a technical advisory consultant to review the technical aspects of HSR project’s cost reduction options and this sparked revival hopes of the project. Maintain NEUTRAL sector rating as we deem YTD surge in construction counters has reflected the positive sentiment. In terms of TP changes, we maintain HOLD for both Gkent and IJM but upped TP to RM1.41 and RM2.30 respectively.
2019-04-16 22:17 | Report Abuse
Malaysia Steel Works may climb higher after recording a white candle for a second consecutive day. This close has sent the stock to its highest point in more than five months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.53 level, with an exit set below the MYR0.50 threshold. Towards the upside, the near-term resistance is at MYR0.59. This is followed by the MYR0.625 level.
2019-04-16 22:15 | Report Abuse
cks - Lion Industries - RHB Retail Research | I3investor
Trading Stocks - Lion Industries
Author: rhboskres Publish date: Thu, 11 Apr 2019, 4:46 PM
Lion Industries may rise higher after it formed a third consecutive white candle. This candle has sent the stock to its highest close in more than four months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.61 level, with an exit set below the MYR0.56 threshold. Towards the upside, the near-term resistance is at MYR0.70. This is followed by the MYR0.77 level. may rise higher after it formed a third consecutive white candle. This candle has sent the stock to its highest close in more than four months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.61 level, with an exit set below the MYR0.56 threshold. Towards the upside, the near-term resistance is at MYR0.70. This is followed by the MYR0.77 level.
2019-04-16 22:13 | Report Abuse
Target 1.48 .. Trust me this time. It is matter of time,..
2019-04-16 22:12 | Report Abuse
Me All In already! See u at RM 1 ...
2019-04-16 15:00 | Report Abuse
Just sold 3000units , shift to constructions an ex steel sector!
2019-04-16 02:52 | Report Abuse
mostly contra players cash out and looking at steels counters for the time being. More prospects for constructions and steel counters at the current moment ..
2019-04-16 02:45 | Report Abuse
Despite signs of continued tightness in supply, oil prices dropped early on Monday on some profit taking and a Russian minister suggesting that Russia and OPEC could abandon the production cut deal.
At 10:09 a.m. EDT on Monday, WTI Crude was down 0.77 percent at $63.40 an
2019-04-16 02:41 | Report Abuse
Time to rebound! Long term potential..
2019-04-16 02:38 | Report Abuse
Stanley8 All oil counters cash out now this the time being for buy back constructions and steel counters! keep for long term sure rise!
2019-04-16 02:37 | Report Abuse
All oil counters cash out now this the time being for buy back constructions and steel counters
2019-04-16 02:35 | Report Abuse
All cash out to buy constructions and steel counters, for long term construction counters sure wins
2019-04-13 03:54 | Report Abuse
Target price definitely higher from the current price! With the positive news and positive market sentiment for steel industry. Gkent counter has bright prospects in the long run in term of growing perspective. Apparently looking forward to roar and rise high in the air for many.. And many... Just buy!
2019-04-12 23:07 | Report Abuse
Give some chanceto let other people to talk. Lions belong to all.
2019-04-11 00:30 | Report Abuse
Financial technology leverages the latest technologies in the Internet, mobile devices, social media integration, big data analytics and artificial intelligence to make financial transactions more automated, user-friendly and more convenient, thus providing (providing) a superior customer experience.
Although it was considered at a very early stage, financial technology has also penetrated into the Islamic finance sector.
However, the potential damage to traditional Islamic finance should not be underestimated. The destruction can work in both directions, he said at the 15th meeting of the 15th Kuala Lumpur Islamic Finance Forum here today.
2019-04-11 00:29 | Report Abuse
Kuala Lumpur (April 10): Islamic banks and financiers must invest heavily in technology to change the way they conduct banking services and spread their products more effectively.
Prime Minister Mahathir said that the application of smart technology in the financial industry - financial technology (financial technology) - has had a positive impact on the industry as well as mobile payments, remittances, loans and other industries. Fundraising and asset management.
2019-04-11 00:22 | Report Abuse
IFCAMSC = BUY calls, Profit margin is alright 30.% . While Revenue of the company keeps increase from local and overseas operations. Cost of operating low, make the liability ratio only 18% for the company. Strong cash flow and NTA.. I would say it is stable and potential company for bright future. TP 0.88cents
Stock: [EFORCE]: EXCEL FORCE MSC BHD
2019-09-24 13:01 | Report Abuse
Bank negara juz announced coming dec wil cut interest rate again. So gud sign for stock.