hard to move.. no any big news

TQ

@ket25321.
where you get the news.. I can not found.

wait... need big patient ......

XOX aims to grow subscriber base
By FRANCIS DASS - 18 March 2016 @ 9:41 PM

KUALA LUMPUR: Mobile virtual network operator (MVNO) XOX Bhd is confident it can grow its subscriber base 100 per cent this year to hit the two million mark.
XOX Group managing director Datuk Eddie Chai said he was confident that the company, which saw subscriber and revenue growth more than double in 2015, can meet its subscribers.
He said the company's customer-base, made up of mostly young Malaysian Chinese, are heavy data users, and the company will allocate between RM6 million to RM10 million in capital expenditure to spruce up in-house software systems to better serve the customers.
"We will be upgrading and improving our billing systems and licenses to ensure that our customers will have stable and smooth connections," Chai said.
The CAPEX will be raised through a mixture of rights issue and internally generated funds, he said today.
Chai was speaking at the media announcement of its partnership with concert promoter Galaxy Group to offer discounts and contest tickets to a number of Chinese and South Korean artistes' concerts in Malaysia for XOX's customers.
Chai said that the partnership was strategic for the brand and it rewards the subscriber-base with access to popular entertainment acts.
The company confirmed that it will be partnering Galaxy in promoting concerts by Yip Wai Sing (April 9), Leo Ku's World Tour (April 23), Korean singer Rain (May 21), and Hong Kong canto pop singer Sammi Cheng (May 27 & 28).
XOX currently rides on Celcom Axiata's infrastructure to provide its services to its subscribers.

Today half day trading only. Selamat Hari Raya Aidilfitri and happy holiday.

not so fast.. may be XOX given u big ang pow..
need wait..

0.075 cents again >>>>

I worried this only transfer from left pocket to the right pocket by same people.
Big volume is only is a bait for ikan billis.
So many days the volume is almost top 10 in KSLE list, but the price is still not move.
So watch carefully....

always sell at morning and buy back at afternoon...
play around 0.070 ~ 0.075 cents by somebody ?????
this trend almost one week.. sell then buy back ....

http://www.greentechmalaysia.my/expertise/em

Here comes the sun: US solar power market hits all-time high
After a rocky start, the American solar market is taking off and growing faster than coal and natural gas power. What will it take to make it go truly mainstream?
olar energy in the US has had a rocky existence. Ever since Ronald Reagan symbolically removed Jimmy Carter’s solar panels from the White House roof in 1986, federal policy has been unpredictable, such that manufacturers and consumers could never depend on reliable incentives to produce and install solar energy systems.
Remarkably, the US solar energy industry is now entering what may be its most prosperous decade ever, thanks to a new wave of federal and state policies and positive economics in the industry, both at home and abroad.
“I think it will actually be bigger than people are projecting,” says Jigar Shah, president and co-founder of Generate Capital, a clean energy investment firm based in San Francisco. “The solar industry is booming right now.”
The US solar industry expects to install 14.5 gigawatts of solar power in 2016, a 94% increase over the record 7.5 gigawatts last year, according to a new market report by GTM Research and the Solar Energy Industries Association. Revenues from solar installations also increased 21% from 2014 to more than $22bn in 2015.
For the first time, more solar systems came online than natural gas power plants – the top source of electricity in the US – in 2015, as measured in megawatts, said Justin Baca, vice president of markets and research at the Solar Energy Industries Association. This year, new solar is expected to surpass installations of all other sources, said the US Energy Information Administration.
The rise of solar energy use, especially by homes and businesses with panels on their roofs, is gradually transforming the electricity industry. For more than a century, power plant owners and utilities have controlled the energy delivery service, and some of them enjoy a monopoly.
“We were just a tiny little speck 10 years ago, and now we are really up there with the major established generating technologies,” said Baca. “It’s amazing.”
What’s behind all this? A federal tax credit has played a key role: it enables home and business owners to take off 30% of the price of their solar energy systems from their income taxes. Congress renewed the tax credit last December.
Another factor is cost. It is simply a lot cheaper to install solar these days, largely because cost of components have declined considerably. The wholesale price of a solar panel today is about $0.65 per watt, compared with $0.74 per watt a year ago and $4 per watt in 2008.

The steep decline in prices began initially in Germany. In 2000, Germany adopted policies that heavily subsidized solar power by adding a special charge on consumer utility bills. Utilities use the money collected from that special charge to pay higher rates for solar energy as part of a government policy to promote renewable energy. The higher rates created a huge demand for solar panels, driving manufacturers to compete for those dollars and other countries to institute similar policies. Until last year, it was the largest solar energy producing country in the world.
“They created a massive demand for solar, and manufacturers around the world started stepping up to that,” Baca said. “Prior to that, a lot of solar panels were still largely made by hand. But the scale that manufacturers started growing to allowed a little bit more automation.”
More on this topicCan you power a business on 100% renewable energy? Ikea wants to try
Then China, where labor costs were lower, rose to become a mighty manufacturing force. Chinese manufacturers built massive factories to make solar panels, drove down the prices for solar panels and forced more than a hundred of its competitors in Europe, US and even within China to go bankrupt.
The fallout hurt so many businesses that the US government imposed tariffs on Chinese-made solar panels after determining that Chinese manufacturers were pricing their products at below fair-market values.
The tariffs and increasing domestic demand have boosted manufacturing jobs in the US, which is now one of the top five nations for solar panel producers behind China, Singapore, Taiwan and Malaysia.
“Now the market’s so large you can actually sustain the large manufacturing plants and support the product locally,” said Shah.
One example is SolarCity, which is building a giant new solar panel factory in Buffalo, New York. The facility, expected to be in operation later this year, plans to employ 3,500 people. It will produce panels primarily for SolarCity’s own projects around the world.
Declines in other sources of electricity generation has also helped solar’s growing popularity. The coal business suffered historic losses in 2015 as concern about its greenhouse gas emissions took hold. Just 3 megawatts of new coal generation came online in 2015, compared to about 2,600 megawatts for sol

never move.. play around 0.70 ~ 0.75..

0.75 all finish just one minute
hope got play at 0.80 in afternoon..
fast buy...

volumn is increasing.. good sign

Any wrong for this counter.. volume come but the price is not go up but keep dropping from day to day..

yes.. look like 2nd wave will come very soon..

sure coming.. hold and wait

big guy is accumulate ...will shut up very soon

Green energy is good for us..

Green energy is good for us..

See the comment from Mr. Wong Ah Yong in DGB counter :

Wong_Ah_Yong : Where got? DGB is loss making but not XOX. Right issue likely with non-stop loss. No such thing(RI) in XOX. I still prefer XOX.

Posted by lee77 > Jun 25, 2016 02:31 PM | Report Abuse
Mr. Wong Ah Yong already move from XOX to DGB ????

@richkid.
May be your do the wrong choice this time.. kill the gold goose ( XOX) and jump in this boat.
you always said the XOX price not go up because of dropping of the M3 tech share.
This should have the reason why XOX buying M3 tech share. XOX not like us " buy and sell" to gain the profit only. This may be for XOX to extend the business through the M3 tech.

Mr. Wong Ah Yong already move from XOX to DGB ????

Trive Property taps solar power business
Posted on 9 June 2016 - 05:37am

PETALING JAYA: Trive Property Group Bhd has entered into a memorandum of understanding to establish a joint venture company with Fortunate Solar Technology Ltd, a company established and registered in China well-known for its expertise in solar and silicon products/services.
A total investment of RM60 million will be raised between the parties for the establishment of a JV company in Malaysia, which will be equally owned by Fortunate Solar and Trive. Funds raised will be used to set up a production line in the new factory, which will provide full range of products or one stop solution in the solar business.

The joint venture company will also collaborate in the area of research and development, production, assembly, distribution and marketing of the solar energy systems.
Trive executive director Kua Khai Shyuan said the final solar products will be sold to their local market and the balance will be exported to the US, Europe and the rest of the world.
“Many international solar players are setting up factories in countries nearer to the equator such as Malaysia. In fact, First Solar Inc, an international solar player is our next door neighbor in Kulim Hi-Tech Park,” Kua said in a statement.

With this JV, Trive is able to mark a footprint in the China market with huge potential revenue generated. It is noted that China itself accounted for 23% of the cumulative global photovoltaic system installations in 2016.

Trive is streamlining its business portfolios to focus on its core business in design, development and marketing of green and renewable energy products, such as medium and high powered battery products and solutions, particularly, the solar related products so as to remain competitive in the business environment.

Trive has taken a series of action to restate its financial position including completing the debts restructuring programme and increase of its share capital dated Jan 9, 2015, private placements dated Sept 15, 2015, capital reduction on Jan 14, 2016 and proposed employee share option scheme on March 17, 2016.

In a filing with the stock exchange, Trive said its wholly-owned subsidiary ETI Tech (M) Sdn Bhd has fully settled and restructured the sum owing to the scheme creditors, and the default in payment status is now regularised and uplifted.
“Trive works relentlessly to return its earning to the black and would implement every possible steps to strengthen its financial position. Leveraging on Trive strength in solar industry, Trive is optimistic about the future growth of solar industry over the world.”

Compared with the share price with other counter ( which involved into the renewable energy)
The price for V-Solar is more cheap..
Buy when the V-Solar is at "baby" stage, this baby will growth to become big giant.

Fitters Diversified Berhad (Fitters - 9318) : RM 0.42
Amcorp Properties Berhad (AMPROP - 1007) : RM 0.87
Tek Seng Holdings Berhad (TekSeng - 7200) : RM 1.17
Cypark Resources Berhad (Cypark - 5184) : Rm 1.85

V-Solar : RM 0.09.

Buy when cheap... renewable energy is good..

Happy reading...at weekend..

ABOUT SOLAR
-Sunlight travels to the earth in approximately 8 minutes, from 93 million miles away, at 186,282
miles per second.
-The sun is the most inexhaustible, renewable source of energy known to our civilization.
-In one hour, more sunlight falls on the earth than what is used by the entire population in one year.
-Clouds, pollution and wind can prevent the sun’s rays from reaching the earth.

SOLOR PLANT
Solar plant is based on the conversion of sunlight into electricity, either directly using photovoltaics
(PV), or indirectly using concentrated solar power (CSP). Concentrated solar power systems
use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam.
Photovoltaics converts light into electric current using the photoelectric effect.For both project in
Solar Interactive Sdn Bhd, we are using photovoltaics method to absorb the direct sunlight and
converts into electric.

How does it work?
As light hits the solar panels, the solar radiation is converted into direct current electricity (DC). The
direct current flows from the panels and is converted into alternating current (AC) used by local
electric utilities. Finally, the electricity travels through transformers, and the voltage is boosted for
delivery onto the transmission lines so local electric utilities can distribute the electricity to homes
and businesses.


Corporate Profile
PROJECT 1
Installed Capacity : 498 Kilowatt (0.498MW)
Solar Film Technology : Crystalline
Project Owner : Solar Interactive Sdn Bhd
Plant Developer : Solar Interactive Sdn Bhd
Power Purchase : Tenaga Nasional Berhad
Facility Size : Approximately 1.5 acres
Location : Lot 312366, Keramat Putra, Simpang Pulai, Perak

VSOLAR - Solar Synergy
Malaysia is on the track in seeking to intensify the development of renewable energy which was set of since 2011 as to reduce the carbon income of the country through renewable energy such as Solar Photovoltaic (PV), Biomass / Biogas and Hydro Power Electricity. Which this in line, the government had been reinforced by fiscal incentives such as investment tax allowances and the SREP (Small Renewable Energy Program) which encourages the connection of small renewable energy power generation plants to the national grid.
With this in line, on 6th January 2014, VSOLAR (formerly known as Fastrack Solution) had restructure the company direction and core business direction towards the renewable energy sector, with a focus in the solar farming industry.

VSOLAR - Power of Solar
Solar Interactive Sdn Bhd, a wholly owned subsidiary of VSOLAR, had on 1st August 2013 entered into a Renewable Energy Power Purchase Agreement (REPPA) with TNB for the sale and delivery of renewable energy by for a concession of 21 years. For a start, VSOLAR had started a 500kW solar farm in the region of Simpang Pulai, Kinta, Perak with a Feed-In Tariff (FIT) rate of RM 1.3812 /kWh, commenced 3rd November 2013.
The renewable energy sector had been a hot topic recently, which had saw a number of listed company that had direct business relation in the sector being getting much public interest. Let's have a quick look at the following company which is on a hot stint in renewable energy.

Next Up Coming Catalyst
VSOLAR had saw a 10% private placement from Asia Bioenergy Tech Berhad (AsiaBio - 0150) recently. While under the SREP plan, the maximum allowable limit for an individual company is 10MW, which means Solar Interactive Sdn Bhd still have a capacity of 9.5 MW in the coming days to be installed.
According to sources, VSOLAR had been planning their phase 2 of solar farm which will be looking to see approximately 3 to 5 MW plant being set up.
VSOLAR will be the next big thing after CYPARK after realigning their business focus into solar energy farming. At the current market capitalization of RM 50 million, VSOLAR is just putting it's 1st step into the industry. A 10 MW solar farm will be able to generate a recurring income of around RM 11 to 12 million per year. With the new direction in VSOLAR, we believe that VSOLAR will be the next big player in solar farming in the coming days ahead.

First-Of-Its-Kind Solar Farms To Be Developed In Malaysia
Details Published on Tuesday, 14 June 2016 12:40 .

Universiti Teknologi Malaysia will spearhead a groundbreaking research and development of solar and photo voltaic technology with the help of industry partner VSolar Group Berhad.
VSolar Group Berhad has just signed a Memorandum of Understanding (MoU) with Universiti Teknologi Malaysia to conduct Research and Development (R&D) and commercialisation programmes at the university.
Datuk Manan Bin Md. Said, Executive Chairman and Mr. Leung Kok Keong, Executive Director of VSolar Group Berhad, and Prof. Dr. Ahmad Fauzi bin Ismail, Deputy Vice Chancellor, Research and Innovation of UTM were present at the MoU signing on 8 June.
“This partnership is unique in that VSolar, a private sector commercial entity will actively collaborate with a local, illustrious, institution of higher learning and enable it to generate revenues as well as provide a platform for its R&D efforts,” Leung Kok Keung said.
Leung added that that Malaysia is perfect for the development and advancement of solar farms, and in line with the vision to reduce dependence on non-renewable energy sources.
“We believe that the country is perfect for the development and advancement of solar farms.
“In line with our leaders’ vision to reduce dependence on non-renewable energy sources, VSolar Group Berhad will, through this Private-Public Partnership with Universiti Teknologi Malaysia look at the potential of new commercialization projects and first-of-its-kind solar farms on site that will enable VSolar to increase its energy generation capacity and improve its revenue stream,” he added.
VSolar Group Berhad will be looking into conducting extensive research and development of solar and photo voltaic technologies with the primary intention of commercialising these technologies for the future.
It also has the intention to expand in the future by tapping into the potential of these technologies to create a Renewable Energy Initiative and reaching out to the relevant bodies and authorities

V-Solar teams up with Eastasia
Posted on 22 April 2015 - 05:36am
sunbiz@thesundaily.com

PETALING JAYA: VSolar Group Bhd (VSolar), a Bursa Malaysia-listed company, has entered into a collaboration agreement (CA) with the Eastasia Group Co Ltd (Eastasia) of Japan to provide engineering, procurement and construction (EPC) solutions.
Capitalising on Eastasia's knowledge in large commercial solar development, VSolar has been licensed by the Japanese group to use its intellectual property and expertise for the development of solar farms using EPC design methodology.
Eastasia is a leader in solar power plant construction, solar power generation materials, dismantling, electrical work, general construction and civil engineering industry.
This collaboration will expand the business offering and capabilities of VSolar in the renewable energy sector to include EPC, making VSolar a one-stop solution provider of solar technology in the country. VSolar intends to utilise the EPC Solutions offered by Eastasia for its own solar facilities and expand into third-party installations.
"With this Japanese technology VSolar would be able to provide the latest upgraded solar system, which is more efficient compared with those old generation systems offered by their competitors. VSolar strongly believes this partnership will generate substantial profit for the group in coming financial years," VSolar executive chairman Datuk Manan said in a statement yesterday.
"The collaboration between VSolar and Eastasia, will expand VSolar's reach closer as a one stop solution provider in the country's renewable energy sector," he added.

hope got good news for solar energy, otherwise this counter hard to move up to new high..

英公投结果·“脱欧”:
1308：据BBC报道，“脱欧”阵营在英国公投中获得过半票数，英国将脱离欧盟。
1308：据BBC报道，“脱欧”阵营在英国公投中获得过半票数，英国将脱离欧盟。
1234：英国选举委员会今天说，这次英国公投的投票率超过七成，在合格选民中，有72.2％前往投票。目前已有355个地方会议公布投票结果，“脱欧”以15,908,812票领先“留欧”14,828,297票。在公布的成绩中，伦敦丶北爱尔兰和苏格兰支持“留欧”，而英国大部分地区和威尔斯支持“脱欧”。
1147：BBC（英国广播公司）预测“脱欧”获胜。
1135：超过282地方议会公布投票结果，“脱欧”维持领先，目前以52%领先“留欧”48%。英镑兑美元一度劲跌9.48%，低见1.3467，创1985年9月后新低。
1111：英国公投目前已有超过200地方议会公布投票结果，“脱欧”依然领先，以51%或967万票领先“留欧”的49%或921万票。
1053：随着“脱欧”在英国公投计票中领先，英镑兑美金大跌8%，为史上最大跌幅。
1035：“脱欧”继续领先，目前有165个选区的公投成绩已经公布，“脱欧”以52%领先“留欧”48%。
1020：“脱欧”逐渐拉开距离，目前以51%领先“留欧”49%。目前已有139个地方议会公布公投结果1013：目前已有121个地方议会公布公投结果，“脱欧”以50.2%领先“留欧”50.2.%。
1004：目前已有101个地方议会公布公投结果，“留欧”以50.3%领先“脱欧”49.7%。
0954：随着更多地方议会公布公投结果，“脱欧”在票数上再次领先，以50.1%微弱优势领先“留欧”的49.9%
0946：根据卫报最新数据，随着挺“留欧”的伦敦地方议会和苏格兰格拉斯哥市公布开票结果，“留欧”票数上以50.3%暂时反超“脱欧”的49.7%。
0915：据英国新闻协会公布的数据，目前已有36个英国地方议会公布公投结果，“脱欧”以1,144,509票领先“留欧”964,424票，比率是54%对46%，两者距离还逐渐拉大。英国全国总共有382个选区进行公投。

英公投结果·“脱欧”:
1308：据BBC报道，“脱欧”阵营在英国公投中获得过半票数，英国将脱离欧盟。
1308：据BBC报道，“脱欧”阵营在英国公投中获得过半票数，英国将脱离欧盟。
1234：英国选举委员会今天说，这次英国公投的投票率超过七成，在合格选民中，有72.2％前往投票。目前已有355个地方会议公布投票结果，“脱欧”以15,908,812票领先“留欧”14,828,297票。在公布的成绩中，伦敦丶北爱尔兰和苏格兰支持“留欧”，而英国大部分地区和威尔斯支持“脱欧”。
1147：BBC（英国广播公司）预测“脱欧”获胜。
1135：超过282地方议会公布投票结果，“脱欧”维持领先，目前以52%领先“留欧”48%。英镑兑美元一度劲跌9.48%，低见1.3467，创1985年9月后新低。
1111：英国公投目前已有超过200地方议会公布投票结果，“脱欧”依然领先，以51%或967万票领先“留欧”的49%或921万票。
1053：随着“脱欧”在英国公投计票中领先，英镑兑美金大跌8%，为史上最大跌幅。
1035：“脱欧”继续领先，目前有165个选区的公投成绩已经公布，“脱欧”以52%领先“留欧”48%。
1020：“脱欧”逐渐拉开距离，目前以51%领先“留欧”49%。目前已有139个地方议会公布公投结果1013：目前已有121个地方议会公布公投结果，“脱欧”以50.2%领先“留欧”50.2.%。
1004：目前已有101个地方议会公布公投结果，“留欧”以50.3%领先“脱欧”49.7%。
0954：随着更多地方议会公布公投结果，“脱欧”在票数上再次领先，以50.1%微弱优势领先“留欧”的49.9%
0946：根据卫报最新数据，随着挺“留欧”的伦敦地方议会和苏格兰格拉斯哥市公布开票结果，“留欧”票数上以50.3%暂时反超“脱欧”的49.7%。
0915：据英国新闻协会公布的数据，目前已有36个英国地方议会公布公投结果，“脱欧”以1,144,509票领先“留欧”964,424票，比率是54%对46%，两者距离还逐渐拉大。英国全国总共有382个选区进行公投。

英公投结果·“脱欧”:
1308：据BBC报道，“脱欧”阵营在英国公投中获得过半票数，英国将脱离欧盟。
1308：据BBC报道，“脱欧”阵营在英国公投中获得过半票数，英国将脱离欧盟。
1234：英国选举委员会今天说，这次英国公投的投票率超过七成，在合格选民中，有72.2％前往投票。目前已有355个地方会议公布投票结果，“脱欧”以15,908,812票领先“留欧”14,828,297票。在公布的成绩中，伦敦丶北爱尔兰和苏格兰支持“留欧”，而英国大部分地区和威尔斯支持“脱欧”。
1147：BBC（英国广播公司）预测“脱欧”获胜。
1135：超过282地方议会公布投票结果，“脱欧”维持领先，目前以52%领先“留欧”48%。英镑兑美元一度劲跌9.48%，低见1.3467，创1985年9月后新低。
1111：英国公投目前已有超过200地方议会公布投票结果，“脱欧”依然领先，以51%或967万票领先“留欧”的49%或921万票。
1053：随着“脱欧”在英国公投计票中领先，英镑兑美金大跌8%，为史上最大跌幅。
1035：“脱欧”继续领先，目前有165个选区的公投成绩已经公布，“脱欧”以52%领先“留欧”48%。
1020：“脱欧”逐渐拉开距离，目前以51%领先“留欧”49%。目前已有139个地方议会公布公投结果1013：目前已有121个地方议会公布公投结果，“脱欧”以50.2%领先“留欧”50.2.%。
1004：目前已有101个地方议会公布公投结果，“留欧”以50.3%领先“脱欧”49.7%。
0954：随着更多地方议会公布公投结果，“脱欧”在票数上再次领先，以50.1%微弱优势领先“留欧”的49.9%
0946：根据卫报最新数据，随着挺“留欧”的伦敦地方议会和苏格兰格拉斯哥市公布开票结果，“留欧”票数上以50.3%暂时反超“脱欧”的49.7%。
0915：据英国新闻协会公布的数据，目前已有36个英国地方议会公布公投结果，“脱欧”以1,144,509票领先“留欧”964,424票，比率是54%对46%，两者距离还逐渐拉大。英国全国总共有382个选区进行公投。

got somebody is accumulate the share...
rocket already want to shut up....

Taiwanese firm sees Malaysia as pioneer in solar panel industry

By Bernama - 20 June 2016 @ 11:43 AM
NEW YORK: A Taiwanese solar panel company recognises Malaysia’s pioneering work in the solar panel sector and has expressed an interest to enter into cooperation with a reliable Malaysian partner.
Motech Industries Inc, which is located in Tainan City, started in 1981 as a testing and measurement instruments designer and manufacturer but evolved into a full-service global solar company.
The company has its own research and development operations as well as manufacturing facilities for solar products and services, ranging from photovoltaic (PV), silicon wafers, PV cells and PV modules to PV power systems.
The company, which had an annual revenue of US$756 million in 2015 and claims to be the largest merchant PV cells manufacturer in the world with a 3.3 Gigawatt (GW) production capacity, has maintained commercial ties with Malaysian producers of solar panels even though Malaysians do not make solar cells needed for the solar panel end product.
“Malaysia is a strong and emerging site for international companies dealing in solar panels, produces some of the components in solar panels, and also has a small production facility for solar cells.
“Malaysia imports solar cells from Taiwan and China which are the largest producers of solar cells. Demand for solar panels is much higher. Aluminium frames and glass are also needed, some of which can be sourced in Malaysia itself.
“In Malaysia, solar panels are mostly assembled though the country is also gradually moving towards manufacturing the full product.
“But Malaysia, thanks to its early involvement in the solar panel business, has become an important partner in the solar supply and value chain,” Peng Heng Chang, Motech’s chairman and CEO, said in an interview with Bernama on Friday in New York.
Chang said his company’s major markets are the United States, China, Japan, Europe, India and Southeast Asia.
“Southeast Asian markets, particularly Indonesia and Malaysia, are promising for us. The regional demand is increasing. We have no collaboration yet with a Malaysian partner, but we are open to looking into any form of cooperation with a local (Malaysian) company.
“We already have a collaboration with an Indonesian partner, and would also consider collaboration with a Malaysian partner. There are two other big Taiwanese companies that have formed joint ventures in Malaysia with Malaysian partners.

“Yes, we would also be interested in collaborating with a Malaysian company, but we are keen to find a good and reliable partner,” Chang said.
Chang said global supply of solar panels amounts to 90GW with demand at about 70GW.
“However, many of the solar panel plants are old and need to be upgraded and modernised, and will have to be replaced, thus generating further demand,” Chang said.
He said Western suppliers have their strengths in supplying equipment needed for the manufacture of these products while Southeast Asia, including Malaysia, has a better qualified and cost-effective labour force.
“I see demand in Malaysia and Indonesia for solar cells is growing. Solar panels have become attractive, particularly for the smaller islands in Malaysia and Indonesia.
“Solar panels are suitable for the islands because of their detached location from each other,” he noted.
The solar panel industry in Malaysia, Chang said, is characterised by the pioneering prowess displayed by Malaysian companies which work closely with the country’s research institutions.
“In particular, the innovation and technological level in Malaysia is high, even though Malaysia’s focus so far has been on assembly. However, this is changing and Malaysia is making its own solar cells for the panels.
“The synergies emerging from cooperation between Taiwanese and Malaysian companies can be very beneficial to both sides, given Malaysia’s strong base in electronics and semi-conductors, and Taiwan’s abundant availability of qualified industry experts.
“This combination can build up a strong base for partnership in the solar panel business,” Chang said.
Chang is part of a visiting Taiwan business and trade delegation led by Kuo-Hsin Liang, the chairman of Taiwan External Trade Development Council, the island republic’s trade promotion agency.
The delegation, which is also visiting Washington, DC to participate in the Investment Summit being organised by the US Commerce Department, includes heavyweight corporate players such as AAEON Technology, Aerospace Industrial Development Corp, Fair Friend Group, Formosa Plastics Group, Formostar Garment Co, KENDA Rubber Industrial Co, Kinpo Electronics Inc and TEX-RAY Industrial Co.
The delegation also includes high-ranking officials representing the Bureau of Foreign Trade in Taiwan’s Ministry of Economic Affairs. --

Taiwanese firm sees Malaysia as pioneer in solar panel industry

By Bernama - 20 June 2016 @ 11:43 AM
NEW YORK: A Taiwanese solar panel company recognises Malaysia’s pioneering work in the solar panel sector and has expressed an interest to enter into cooperation with a reliable Malaysian partner.
Motech Industries Inc, which is located in Tainan City, started in 1981 as a testing and measurement instruments designer and manufacturer but evolved into a full-service global solar company.
The company has its own research and development operations as well as manufacturing facilities for solar products and services, ranging from photovoltaic (PV), silicon wafers, PV cells and PV modules to PV power systems.
The company, which had an annual revenue of US$756 million in 2015 and claims to be the largest merchant PV cells manufacturer in the world with a 3.3 Gigawatt (GW) production capacity, has maintained commercial ties with Malaysian producers of solar panels even though Malaysians do not make solar cells needed for the solar panel end product.
“Malaysia is a strong and emerging site for international companies dealing in solar panels, produces some of the components in solar panels, and also has a small production facility for solar cells.
“Malaysia imports solar cells from Taiwan and China which are the largest producers of solar cells. Demand for solar panels is much higher. Aluminium frames and glass are also needed, some of which can be sourced in Malaysia itself.
“In Malaysia, solar panels are mostly assembled though the country is also gradually moving towards manufacturing the full product.
“But Malaysia, thanks to its early involvement in the solar panel business, has become an important partner in the solar supply and value chain,” Peng Heng Chang, Motech’s chairman and CEO, said in an interview with Bernama on Friday in New York.
Chang said his company’s major markets are the United States, China, Japan, Europe, India and Southeast Asia.
“Southeast Asian markets, particularly Indonesia and Malaysia, are promising for us. The regional demand is increasing. We have no collaboration yet with a Malaysian partner, but we are open to looking into any form of cooperation with a local (Malaysian) company.
“We already have a collaboration with an Indonesian partner, and would also consider collaboration with a Malaysian partner. There are two other big Taiwanese companies that have formed joint ventures in Malaysia with Malaysian partners.

“Yes, we would also be interested in collaborating with a Malaysian company, but we are keen to find a good and reliable partner,” Chang said.
Chang said global supply of solar panels amounts to 90GW with demand at about 70GW.
“However, many of the solar panel plants are old and need to be upgraded and modernised, and will have to be replaced, thus generating further demand,” Chang said.
He said Western suppliers have their strengths in supplying equipment needed for the manufacture of these products while Southeast Asia, including Malaysia, has a better qualified and cost-effective labour force.
“I see demand in Malaysia and Indonesia for solar cells is growing. Solar panels have become attractive, particularly for the smaller islands in Malaysia and Indonesia.
“Solar panels are suitable for the islands because of their detached location from each other,” he noted.
The solar panel industry in Malaysia, Chang said, is characterised by the pioneering prowess displayed by Malaysian companies which work closely with the country’s research institutions.
“In particular, the innovation and technological level in Malaysia is high, even though Malaysia’s focus so far has been on assembly. However, this is changing and Malaysia is making its own solar cells for the panels.
“The synergies emerging from cooperation between Taiwanese and Malaysian companies can be very beneficial to both sides, given Malaysia’s strong base in electronics and semi-conductors, and Taiwan’s abundant availability of qualified industry experts.
“This combination can build up a strong base for partnership in the solar panel business,” Chang said.
Chang is part of a visiting Taiwan business and trade delegation led by Kuo-Hsin Liang, the chairman of Taiwan External Trade Development Council, the island republic’s trade promotion agency.
The delegation, which is also visiting Washington, DC to participate in the Investment Summit being organised by the US Commerce Department, includes heavyweight corporate players such as AAEON Technology, Aerospace Industrial Development Corp, Fair Friend Group, Formosa Plastics Group, Formostar Garment Co, KENDA Rubber Industrial Co, Kinpo Electronics Inc and TEX-RAY Industrial Co.
The delegation also includes high-ranking officials representing the Bureau of Foreign Trade in Taiwan’s Ministry of Economic Affairs. --

yes.. matter of time only.. sure will shut up again..

Tesla dangles US$2.8B to bring SolarCity into its orbit


Publish date: Wed, 22 Jun 2016, 09:39 AM


SAN FRANCISCO: Electric car maker Tesla Motors wants to buy solar panel maker SolarCity for up to US$2.8 billion in an attempt to create a one-stop shop for cleaner energy as consumers become more concerned about fossil fuels harming the environment.

The all-stock bid announced Tuesday values SolarCity Corp. at US$26.50 to US$28.50 per share, depending on a review of the company's books.

SolarCity's stock surged US$3.31, or 16 percent, to US$24.50 in after-hours trading following the announcement of the deal.

Tesla's shares sank US$24.86, or 11 percent, to US$194.75, signaling that many investors don't like the idea of the company relinquishing 8 to 9 percent of its current market value of US$32 billion to expand into the solar energy industry.

Both of the companies, located about 17 miles apart in Silicon Valley, are burning through cash as they try to expand in still relatively small markets. Tesla has lost US$1.2 billion in the past two years alone while SolarCity has suffered losses exceeding US$1.1 billion during the same span.

Yet both have fared well in the stock market, particularly Tesla. That's largely because its CEO, Elon Musk, has been widely viewed as a visionary since he co-founded online payment service PayPal.

Now, the 44-year-old Musk is trying to bring two of his progeny together. He is chairman of both companies and the largest individual shareholder in each, with a 26 percent stake in Tesla and a 22 percent stake in SolarCity. The solar panel company's CEO, Lyndon Rive, is Musk's cousin.

Tesla is pursuing SolarCity 14 months after introducing a battery system that stores solar energy in homes and businesses trying to minimize their dependence on the power grids run by utilities. The battery, called "Powerwall," marked Tesla's first product outside the sleek and expensive electric vehicles that the Palo Alto, California, company has been making since 2008.

Musk said in a Tuesday conference call that he believes both Tesla and SolarCity will be better off if their products are united under one roof and a common brand.

If the deal goes through, SolarCity will adopt Tesla's name and sell its solar panels alongside power-storing batteries, Musk said. He reasons many of the people who want to drive electric vehicles will have an inherent interest in setting up cleaner energy systems in their homes and offices.

Although he said he didn't know for certain, Musk estimated about only about one-fourth of Tesla owners currently have solar energy panels.

If Tesla and SolarCity are combined, Musk envisions a more efficient operation that dispatches just one team to install solar panels, electric car chargers and energy-storing batteries in a single visit.

In an effort to avoid questions about conflicting interests, Musk and Antonio Gracias, another Tesla director who also sits on SolarCity's board, are both recusing themselves from the vote on whether to sell. In a letter to SolarCity's board, Tesla also said it is willing to make the deal approval contingent on a majority of "disinterested" shareholders, which would leave Musk on the sidelines.

The sell-off in Tesla's stock after the takeover bid was announced cost Musk about US$925 million on paper, exceeding the US$325 million gain in the value of his SolarCity holdings.

Nonetheless, he expressed confidence that Tesla will end up owning SolarCity.

"This is something that should happen," he said. "It's a no-brainer." -- AP

good thing will come soon...

Wednesday, 27 January 2016


Call for more solar power plants

by leong hung yee

KUALA LUMPUR: The Energy, Green Technology and Water Ministry (KeTTHA) will be calling for a request for proposal (RFP) to develop 250-megawatt (MW) capacity generation from utility-scale solar power plants this year, according to its secretary-general Datuk Loo Took Gee.

“We will be issuing an RFP for 250MW solar power plants this year and the capacity of these plants should come on stream from 2018 onwards.

“We have approved two utility-scale solar projects to fast track the renewable energy generation and they must deliver by 2017,” she said at launch of the 4th Asean Energy Outlook by the Asean Centre for Energy (ACE) yesterday.

Loo, however, did not disclose when the Government would issue the RFP, but said the process could take up about six months.

The Government has so far awarded 200MW in generation capacity from utility scale solar power plants on a fast-track basis.

“We have agreed to scale up electricity generation from renewable energy (RE) and agreed to launch two fast track project to be deliverable in 2017,” Loo said, adding that the country was still far from achieving its RE target.

She said the Government would continue to take proactive measures to increase the generation of energy from renewable sources.

Loo said a 50MW solar plant had been awarded to 1Malaysia Development Bhd (1MDB) while the remaining 150MW was awarded to a “consortium that is financially and technically strong” without disclosing the name.

In April 2014, 1Malaysia Development Bhd (1MDB) announced that it has signed a 25-year power-purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) to buy power to be generated by 1MDB Solar Sdn Bhd’s solar photovoltaic (solar PV) plant in Kedah.

On the rates for the RFP to be called, Loo said: “We want the best price. We want to tap the best value.”

Apart from utility-scale solar facility, Loo said the Government had also approved Net Energy Metering (NEM) mechanism.

NEM allowed consumers to install solar photovoltaic panels on the rooftop of premises and they can net off their electricity bills in generating more electricity during daylight hours.

Meanwhile, the 4th Asean Energy Outlook is a publication that provides comprehensive information and analysis on the main energy indicators of the 10 Asean Member States.

It provides an assessment of the region’s energy landscape by 2035 under two scenarios - business as usual (BaU) scenario and the advancing policy scenario (APS).

drop again ...

why always old news ???
Any latest news ....

This article first appeared in The Edge Financial Daily, on June 20, 2016.



KUALA LUMPUR: XOX Bhd recently reported its sixth consecutive quarterly profit, a sure sign that it is enjoying the fruit of its turnaround strategy. The RM1.02 million net profit posted for the third quarter ended March 31 (3QFY16) may not seem big, but what is significant is that the company recorded a growth of more than 100% year-on-year at a time when the telecommunications industry is seeing compressed margin and growth.

XOX’s subscriber base has also seen a consistent upward trend. While it had only 384,000 subscribers at end-2014, the numbers have risen by more than three times to some 1.4 million now. Still, XOX has a long way to catch up with the big boys in the industry. The average number of subscribers for Maxis, DiGi and Celcom, at the end of March, was more than 10 times what XOX has at the moment.

Acknowledging that the virtual mobile network operator still has a long way to go to match the big players, XOX chief executive officer Ng Kok Heng said there is a need for differentiation and innovation in the company’s engagement with customers in its turnaround strategy.

“We need to do something totally different and innovative so that the consumers will think of us as ‘not a telco only’ company,” he told The Edge Financial Daily in an interview.

One innovation that has been adopted is a revenue-sharing postpaid plan that offers consumers an opportunity to be part of the XOX family by starting their own networks from among family and friends.

Another innovative engagement with the consumers is the “Member Get Member” benefit where a user who introduces XOX mobile to family members or friends receives free airtime rewards. XOX has also introduced a Voopee app, which is a sim-free app that provides the user with actual mobile number on existing smartphone without the need for an additional SIM card to make calls from other countries to Malaysia instantly via WiFi or mobile data connection.

Ng said the company has always been innovative in trying to benefit consumers and with this, he believes that subscribers will tell their friends about XOX.

“Our middle men are our partners. In fact, we can also make every consumer our partner,” he added.

Another strategy implemented in the turnaround plan is to focus on the right target group. XOX is currently targeting secondary towns as the acceptance level there is higher.

“We tried the Klang Valley in the first couple of years but we find that when we go to the secondary towns, it works better because the acceptance level is higher,” Ng said.

He explained that in major cities, the competition is very high as every player is concentrating on these places.

“I think it’s logical not to fight head-on with the big boys. We’re definitely not in a good position to fight on the same turf with them as we have less resource, less time and less brand name,” Ng said.

XOX’s balance sheet has also seen a significant improvement. Its current ratio as of March 31 is 2.15 times compared with 0.77 as of June 30 last year. The cash equivalent has also improved significantly from RM9.31 million to RM21.6 million, of which RM14 million is placed in fixed deposit.

Nevertheless, the fact remains that the local telecommunications industry is already very saturated with a penetration rate of more than 100%, which essentially means XOX needs to win customers away from the bigger players. There are also other smaller players such as U-Mobile that has been very successful in the Klang Valley and the revamped P1 under Telekom Malaysia Bhd.

For the past two years, XOX’s financial reports have shown that the game plan is working, but in a matured market, it is usually the survival of the fittest, which is a big question mark when XOX is compared with its competitors.

Ng said XOX has plans for the post-paid market and is hopeful that it could help the company achieve its two million subscribers target by the end of this year. While the target is very achievable, there is the question of how the average revenue per user (ARPU) will be affected in the promotions. Will the ARPU be compromised in attempts to gain market share?

XOX has declined to share its ARPU information at the moment.

Even with the growth seen in the past two years, investors may want to take note of the volatility of XOX’s share price. It has a 52-week range of 11 sen to 71 sen. The normally actively traded counter will have to shed away its reputation as a volatile stock and keep up its current performance to convince the industry players, analysts and consumers that it is a serious player in the market.

Its non-traditional game plan seems to have borne fruit as evidenced by its sixth straight quarters of profit, but XOX needs to keep the innovation game up if it wants to achieve bigger results. As management consultant and author Peter F Drucker says, “if you want something new, you have to stop doing something old”.

ya.. masih hidup lagi
Hold... good reward later.. may be double or triple return

warrant up but mother no up..
good sign or not ????

Green energy shall be good..
invest for long term shall not a problem..

why ????

son no move ????