Johor Plantations Group Bhd (KL:JPG) said on Monday that it has appointed Johor Corporation (JCorp) affiliated company JL Projects Sdn Bhd as the project manager consortium (PMC) for the construction of its integrated sustainable palm oil complex (ISPOC) for RM30.99 million.

In the bourse filing, Johor Plantations said the three-year contract sum represents 9.9% of the ISPOC’s estimated gross development cost, which works out to be RM313.04 million.

The refinery is expected to be completed by mid-2026.

Japanese oils and fats company Fuji Oil Asia Pte Ltd is the builder for the refinery located in Pasir Logok, Kota Tinggi.

JL Projects is a wholly owned by JLand Group Sdn Bhd, which in turn is 100% owned by JCorp, the largest shareholder of Johor Plantations with a 65% stake.

The group said JL Projects has considerable experience in managing projects on Malay reserved land, ensuring compliance with the relevant regulations by collaborating closely with government agencies. “With an emphasis on accountability and transparency, JL Projects' proven ability to handle complex projects makes them a suitable candidate to oversee the management of the construction of the ISPOC project via the proposed appointment of PMC,” it added.

The ISPOC is a large-scale facility that combines several stages of the palm oil production process in a single location. It comprises a palm oil mill, a specialty fats refinery, a kernel crushing plant, a bio-energy power plant as well as an animal feedmill in a single location.



- got kernel crushing plant. If MBL do this part, will shoot up.

ini semua tahi kucing. wayang only

better sell off la fren. tomorrow down another 30, next day another 30

Dont ever buy china company. tipu account

Last year is not war... this time is directly act of war. killing top general, what u think? He’s not ordinary soldier, nor cabinet or minister.

That baboon must be in cage now. Only make noise when down. Normal lah up down.. no need act like baboon supermx2. Name also ciplak

elllleehhhhh that one the loss one tak show here ke?

A total of 12 chemical factory workers on Jalan Nibong 1, Tanjung Langsat Industrial area near Pasir Gudang, sustained burns in a fire at the factory yesterday.


Seri Alam district police chief Supt Ismail Dollah said the fire, which happened at around 9.21am to 9.27 am, was completely put out by Lotte Chemical Titan (M) Sdn Bhd firefighting unit.

sudah kena saman. kwok sold at 50 cent juga yg untung

agreed. too cheap. look at other loss making company, also priced higher. this is wrong. somehow it will go up

loss byk wehhh

loss byk wehhh

oiii sukati je cakap 30 sen... aku lada ko karang!

hahaha aduhhh... tadi mcm nak rebound. hampeehhhhhhh

takkan dapat laaaa. logik la sikit

can lost fast too

dividen coming

9 years warrant. this should price 0.20-0.23

ECRL is coming. must use a lot of steel bro

price will go up to make the warrant look attractive

maintain price, then up... u dun get any cheaper once it stay.

where's that pundek who says everybody monkey tu? puihhhhhhhh

disposed all yesterday. this counter scary ooo... can drop 1.70 in short time

relax le... this is not sumatec who made loss every quarter. this is making profit company.

WCEHB - Notice of Rights Entitlement
WCE HOLDINGS BERHAD

1) The Right commence of trading : 25 Oct 2019
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 29 Oct 2019
3) The last day and time for Acceptance, Renunciation and Payment : 11 Nov 2019
4) The Rights cessation quotation : 04 Nov 2019

bought some. unreasonably cheap

meaning, once the project complete, this 418.8 million will appear in statement.

In the meantime, significant reclamation works have been undertaken by the subsidiaries of the Group for our projects located at Tanjung Piai and Pengerang (both in Johor), whereby
approximately RM 418.8 million of development costs have been incurred and capitalised as land reclamation work-in-progress. As the Development Agreements for these projects
(which grant us the exclusive right to undertake the reclamation and development of the projects) were entered into with the State Government of Johor directly, no revenue or profit
can be recognised throughout the reclamation and development process according to accounting standards.

Any revenue or profit can only be recognised upon successful disposal and/or leasing of the said land to third parties

just the reclaim land will take time to sell lah... its land. not like tongkat ali power root

this company is actually damn rich. this is from latest financial report

Inventories RM 238,481,000
Land reclamation work in progress RM 418,837,000

TOTAL ASSETS RM 1,109,106,000
TOTAL EQUITY RM 603,783,000
TOTAL LIABILITIES RM 505,323,000

Net assets per share attributable to ordinary equity holders of the company = (RM) 0.72

hibiscs will get 27000 from the cost?

read the right issue lah bro. 24 cent

oyeah... sapu warrant!

Target price RM23.00

NTA is not everything

it doesn't matter they stage it or what. what happened now is the refinery already burned. less supply, price will go up.

it will creep up everyday until aramco can fix those damage. emergency stock is for their own refinery and their country buffer.its not for profit.

apa la penakut... repair refinery will take months la.. its not your backyard!

warrant cheap

load load

fishing bottom

whooaaaa wrong prediction. bounced back

bimb will follow takaful as when it goes up when takaful up. now takaful have big competition backed by EPF.

improve product is different story fren... now u have to compete with big gun. your profit margin will be reduce. u have to spend more money on advertising, campaign bla bla

runnnnnnnn!! afternoon will be bloodbath

conman counter. split, bonus, warrant then consolidate back. again and again.

die. new player backed by epf

on 26 march BIMB = 4.18, BIMB-WA = 0.25

meaning bimb-wa have so much premium and should drop to 0.25

old news. 1st june 2019. now oredi end july

son stuck le... u clear la that 42 mil?