LoA from Petronas

@FairyT chance is always there but you will never know when.

@Ron90 whats your source on instructions by PMX?

Only good news is RM50 TouchNGo E-wallet door gift 🤣

Condolences to Tan Sri Syed Zainal Abidin on the passing of his father Syed Mohammad Tahir

@jazmaster 1st) 31,000,000 for 0.360 2nd) 211,700,000 for 0.362 3rd)72,933,132 for 0.400

@Lee Ying Yee the PP was expected as they want to max out the 10% rule for "Private placement of up to 10% of the total number of issued shares"

"DNeX currently provides end-to-end subsea and marine engineering services for all types of submarine cables through its submarine cable laying and repair asset CS DNeX Pacific Link. The vessel is equipped with state-of-the-art effective and stable dynamic positioning capability, classified as DP2, to ensure the accuracy of the vessel’s position.

With an accommodation capacity of 58 people, a service speed of nine knots and an endurance of 50 days, the vessel is rightly abled to carry out cable laying as well as repair and maintenance of submarine cables."

STOCKS TO WATCH:

1. DNEX
2. THETA

The government is close to selecting one of the two firms for the National Integrated Immigration System project, aiming to unify border control across MoHA agencies.

A contract could be finalized by June's end.

Source : X Radar Saham , Nanyang News , Edge Financial Weekly

@UncleFollower source for HTPadu out of bid race news?

Last year the MOU with BiH (new fab) was extended until 16 May 2024 when it was about to expire lets see if there will be an update in the next couple of weeks.

Tengku Zafrul latest tweet on X on Dnex

Jabatan Digital Negara Data Centre?

Wow 2nd slide of Dnex latest instagram post. "DNeX Solutions - JDN Data Center Project". Anyone has any clue what this is?

The best thing to do after a successful arbitration is to let go of ping and to use the fund to fight against the semiconductor down cycle. Becoming a tech pure play.

"We are now going to invest in another fab with another partner,I have been appointed as advisory panel to the semiconductor task force of the government,we are giveing few suggestions,we want Malaysia to be the hub"- Tan Sri Syed Zainal ( Apa Cerita? Podcast) 1:30:46.

Latest info on the fab. Nothing much

PN Cytros are already on the news lol this might sabotage the chances of HTP

Last date for proposal submission is 26 of March

@143922 Sebab Iris linked dengan menantu Muhyiddin?

Insightful

Looking at it fundamentally who deserves the contract?

https://www.cnbc.com/2024/01/11/malaysia-is-doubling-down-on-the-chip-industry-to-capture-growth-in-evs.html

https://theedgemalaysia.com/node/687389
Syed Zainal says, “It’s taking a bit longer than expected. The process has started, arbitrators have been appointed, [and] we are quite confident the decision will be in our favour … I can’t say much but we hope to conclude everything by the first quarter of next year.

Silap tu they meant RM23.4 😅

Bottomed?

Things that are going on and to look forward to with DNeX
1. JV EV Fab with Foxconn at N9
2. Solving arbitration with CGP
3. Ping Petroleum PSC for Meranti Cluster and A Cluster
4.Monetization of Tradeswift SuperApp
5. Collab with Strateq Sdn Bhd
6. Project JV with Saudi Company and China Company for projects at LINE,NEOM and MENA region.
7. Farm in agreement for Fyne Oil field
8. RM18 Million contract with Port Klang Authority (MMSW)
9. DNeX in talks with MAHB on handling airport cargo
10. Petronas awarded contract for Abu Cluster
11. Disposal of Ping Petroleum (after creating value) to become a pure play semiconductor
12.Proposal sent to the government for potential RM1billion NIIse Contract

Dividend mai

More meetings with Saudi regarding digital city

What does Syed Azman have anything to do with Dnex?

I see what you are saying Bob. At 0.435 it seems like people have forgotten about Ping Petroleum. Even the recent private placement was to work towards their O&G division. I mean value is value.

also at page 71 it is also stated "To further support the realisation of this, the Government looks to assess and collaborate with existing local companies in Malaysia's semiconductor industry. By identifying companies with existing capabilities, the Government can work with them to expand their operations and establish mid-tier wafer fabrication facilities locally."

@JamalHussien can you provide the source that Infineon is the one selected? I am reading the NIMP2030 document and on page 44 Figure 3.2 Overall NIMP 2030 Framework it is only stated on Mission 1, 1.1.2 " Attract global leader to establish wafer fabrication in Malaysia" and also MBP1.2 Attract new advanced wafer fabrication in Malaysia

Qr report tldr : Tech : Secured new customer Energy : Developing Malaysian O&G asset (Meranti Cluster) IoT : Projects with Gov? Super App?

This was reaffirmed by Dnex on page 16-17 on the latest QR report.

Jamal if CGP were to win the arbitration wouldnt they lose their license to operate Silterra due to MITIs shareholding rule? How would this benefit CGP?

Best under a billion? 🤣 Lay low first please i am still collecting

How long will the development concept take to finalize for Dnex PSC contracts for Meranti Cluster and A Cluster awarded by Petronas?

Good QR

https://www.thestar.com.my/business/business-news/2023/05/12/foxconn-sharp-shares-slide-after-japan-firm039s-surprise-writedown

I will take a slice of this cake tuesday if so

This stock price does not make sense

No updates on hearing?