Fast down, fast up

Time to make GENETEC great again

Lol, i tot sell on news. A better timing to keep, Once spike, Sell all.

XOX and Kanger I guess everyone know the story, don't put fast and both them in same line as fast doing much changes on recent year.

Lol, long time stay at the same point d. nanti steam bagi kuat kuat service.

I am sure that after open boarder, market will go strong and bring the benefit to fast

Meanwhile is collecting period, volume slow down, is more better that slowly slowly makan ticket sekarang

whistlebower99 , where can rebound now... Now is waiting period.

lol, how can you expect so many thing in once ?

Ramssol and G3 both is having same chart already.
But G3 washing out Puan, while Ramssol no update.
Guess I also need to go inside caves and cry already.

kanger aldi leave fast on the game, Now FAST building back their structure and doing back their business.

smart move by the bosses, interesting month for Ages before QR announce

Back to previous line, almost the time to collect again

Getting better. Less involvement and more focus on business. FAST will be back soon !

UOB Malaysia launched U-Energy, the first integrated financing platform in Asia, last week. The bank aims to promote the country’s adoption and development of energy efficiency projects for buildings and apartments.

According to UOB, U-Energy will help local businesses and homeowners save on electricity bills, achieve sustainability goals, and lower carbon emissions, following its initial roll-out in Singapore.

Development of UOB’s U-Energy
U-Energy was developed to assist owners keen on taking up energy projects but lack financial support and expertise in finding the right ESCO (energy service companies).

The U-Energy platform features ten ESCOs that play a vital role in providing a technology and services ecosystem.

Customers can tap into these energy efficiency projects via these ESCO, through services such as project consulting, energy audits of sustainable and economic planning, and implementation and comprehensive management of building renovations.

“For businesses and homeowners, implementing energy-efficiency projects on their premises may take up substantial amounts of time, investment, and resources.

“With its end-to-end solutions, U-Energy makes it easy for our customers to access services to save energy costs and reduce their carbon footprint,” said Ng Wei Wei, Deputy Chief Executive Officer, UOB Malaysia, at the virtual launch.

The potential of energy efficiency financing in ASEAN
“The potential for energy efficiency financing opportunities in ASEAN between 2020 and 2030 is estimated at US$139 billion,” added Ng.

On average, the ESCOs on the U-Energy platform would help customers cut at least 20 per cent in energy consumption.

“There is an annual economic opportunity estimated at US$1 trillion to be tapped by 2030 in Southeast Asia. Similarly, UOB group aims to build a sustainable finance portfolio of SGD25 billion by 2025,” she said.

These U-Energy partners can support joint energy efficiency projects, such as improving air conditioning efficiency, installing solar panels on roofs, converting to LED lights, optimizing energy and energy management systems, and replacing elevators with energy recovery technology.

Malaysia’s commitment to lowering GHGs
As a signatory to the Paris Agreement, Malaysia has committed to reducing GHGs (greenhouse gases) by 45% by 2030.

Of these, 35% are unconditional, whereas the remaining 10% are dependent on additional climate financing, technology transfers, and capacity-building measures from developed countries.

Only 8% of the Southeast Asian nation’s energy generation is from Renewable Energy (RE).

Malaysia has recently introduced multiple initiatives supporting RE uptake, including feed-in-tariffs (FIT), net energy metering (NEM), large-scale solar (LSS), and self-consumption (SELCO).

Financial incentives of going green in Malaysia
Businesses can apply for the SRI Sukuk and Bond Grant Scheme under the Security Commission’s (SC) Sustainable and Responsible Investment (SRI) Sukuk Framework or bonds.

Eligible issuers can claim the grant to offset up to 90% of the external review costs incurred, subject to a maximum of RM300,000 per issuance.

As announced in the country’s Budget 2021, income tax exemptions are given to SRI Sukuk and Bond Grant Scheme recipients for five years, up to 2025.

U-Energy is also supported by government agencies such as the Sustainable Energy Development Authority (SEDA) Malaysia, Malaysian Investment Development Authority and Malaysian Green Technology Corporation.

https://techwireasia.com/2021/12/uob-targets-malaysia-with-u-energy-asias-first-integrated-financing-platform/

Tp ?

No sure is it real, but sound make sense, Nobody else will keep spamming, is only forum. It won't change the share price by typing few words.

https://www.thestar.com.my/business/business-news/2021/11/10/iconic-completes-construction-of-rm200mil-ppe-manufacturing-facility

Guess after the leaving of Kanger, Fast less of goreng attraction but I guess is a very good news for FAST, less goreng, more FA, Additionally with the recent business, FAST will flip over.

SAPU !

https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=24947

Critical Turning Point for FAST ENERGY HOLDINGS BERHAD (MUST READ)

The semiconductor cum oil bunkering player FAST had announced something extraordinary yesterday – one of the substantial shareholder of the company, Mr. Kuah Choon Ching had ceased to be substantial shareholder due to open market transaction.

Here’s an excerpt of Mr. Kuah’s background for your understanding:

"Mr Kuah started his career in the United Kingdom upon graduating from the University of Sunderland. He worked in the a Group of Companies, which was involved in trading and distributing products within the downstream of Oil and Gas Industry. He resigned and founded CCK Petroleum Group in 2007, and is the Group Managing Director of CCK Group today. Under his leadership, the Group has seen significant growth and has expanded its operations to cover international marine oil bunkering, oil tanker carrier operation, marine lubricants and marine oil trading.

Due to his diverse experience, he was later appointed as an Executive Director of Dnonce Technology Berhad on 2 May 2018, and was subsequently promoted to Chief Executive Officer on 1 September 2018.

During his tenure in Dnonce Technology Berhad, he spearheaded corporate exercises such as fund raising, diversification and share buy-back exercises for the company."



Also, Mr. Kuah is the executive director for KANGER INTERNATIONAL BERHAD, which is potentially going through a RTO exercise with the well-known property developer Aset Kayamas.

If you remembered, FAST had issued shares to Mr. Kuah for the purchase of 35.0% stake in CCK Petroleum, which should be a strategic shareholding for both parties, so what had changed the ballgame?

We know that FAST is venturing into the oil bunkering business – which is expected to yield extremely good results given the current oil market and busy offshore activities for now. By right it should make no sense for Mr. Kuah to dispose his stakes, right?

But lets first have a look at FAST's chart first.

For sharp-eyed investors, one would notice the share price was not impacted significantly by the disposal in the open market. Why is that so, and who are the buyers? Well, for one to absorb 15.30 million shares, one must have deep pocket and in order words, a change of strategic investor happened below our watch.

Now, the critical point for FAST is how quick they could bulk up their earnings in the oil bunkering segment – which as we told, it is expected to be really good based on the current outlook.

What’s more important to investor like us, is this is actually the best time for you to invest in the shares as the price were hampered by investors that do not understand what is going on.

20 cents is a bargain, and the share price could reflect to 30 cents anytime – a 50% ROI. But well, who am I to say? Do make your own studies before making any decisions!

well, at least a balance start today . Good move

Today support so strong. Hopefully slowly pushing up again

Wow, nice. started to spike.

https://klse.i3investor.com/blogs/unspokerules/2021-09-21-story-h1571647946-BIOHLDG_KLSE_0179_Will_its_plan_to_Double_Down_in_China_bode_well_for_t.jsp

Like this also can fight...lol

hahah, every said same thing ? Nothing new from newuser777 ?

Press down and push up ?

hahahahaha

wish doesn't rich but miracle do

*news

Technical breakout soon

Kawan, Not lowest everyday. Now at support level and I don't see it many new also.

hahahaha, Go fast go safe.

Lmao, nice self promoting your own telegram group, is that your intention all along???

Hahaha 18KHarmoni, go complain la, why cry at forum????

Chill la, no need argue with these spammer , all they know is copy paste and bark the same thing everyday

Citadel9999 hit KPI and stop comment on it ?

Seems like a lot of people sell on news, but not heavy sell down, seems good, Technical is forming and now additional with news now. Sooner or later sure goreng one wave. Good timing to invest some share in it.

Really annoying to see this account that spamming all around. But no harm. I just started to ignore that whistlebower99

Don't promote this counter, This counter don't need promote, slowly collect slowly up. More better.

price starting to spike

A Collaboration Agreement between Kanger Ventures and Multiple Novation, relating to a multiple constructions works.
Progress of the agreement:



a. Based on an announcement dated 15 January 2021

The Board of Directors of Kanger International wishes to announce that its wholly-owned subsidiary, Kanger Ventures Sdn Bhd , had on 15 January 2021 entered into the following Collaboration Agreements.



a) Qbeez Holdings Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 6th July 2018 for construction of main building works of the project of development of three (3) blocks of affordable apartment on Lot 52957, Jalan Desa, Taman Desa, Mukim Kuala Lumpur, Wilayah Persekutuan (“Qbeez Project 1”);



b) Qbeez Holdings Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 28th December 2018 for construction of building and external works for the project of development two (2) blocks apartment on PT 15659, Jalan Indrahana 3, Mukim Petaling, Kuala Lumpur, Wilayah Persekutuan (“Qbeez Project 2”);



c) Lead Pinnacle Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 28th October 2019 for construction of piling and foundation works of the project of construction of a temporary gallery on PT 23923, (H.S.(D) 18603) Genting Highlands, Mukim Bentong, Daerah Bentong, Negeri Pahang (“Lead Project 1”);



d) Lead Pinnacle Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 7th July 2020 for construction of foundation and main building works for the project of a mixed development of two (2) blocks of service apartment on PT 23923, (H.S.(D) 18603) Genting Highlands, Mukim Bentong, Daerah Bentong, Negeri Pahang (“Lead Project 2”);



e) Deseo Engineering Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 13th April 2018 for construction of main building works for the project of a development of two (2) blocks of affordable apartments and two (2) blocks of apartment on Lot 55121, Jalan Jujur, Bandar Tun Razak, Cheras, Kuala Lumpur (“Deseo Project”);



f) Enduring Power Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 1st June 2019 for construction of main building works for the project of a development of two (2) blocks of service apartment on Lot 1351 & 1377, Jalan Padang/Jalan Padang Walter Grenier dan sebahagian simpanan Jalan, Seksyen 67, Bukit Bintang, Bandar Kuala Lumpur (“Enduring Project”).



Any approval required from the relevant authority and shareholders in a general meeting of the Company to undertake this collaboration herein contemplated;
The Parties shall fulfill the above conditions within 90 (ninety) days from the date of these agreements or such extended date as shall be mutually agreed in writing by the Parties (Cut-Off Date).


Remarks: No further announcement on the progress of this Collaboration Agreement yet by to date.



A Head of Agreement between Kanger and Constellation Holdings Ltd, Dubai regarding the setting up of medical examination gloves manufacturing operations in Malaysia.
Progress of the agreement:



Announcement on 11 August 2020.
The company has received a formal Expression of Interest letter (“EOI”) dated 9 August 2020 from Constellation Holdings Limited, Dubai (“Constellation”) for collaboration in the setting up of medical examination gloves operations in Malaysia.
Announcement on 14 August 2020.
The company had, on 13 August 2020 entered into a heads of agreement with Constellation Holdings Limited.
Kanger is setting up a glove manufacturing plant in Ijok, Selangor for about RM77 million.
Kanger has incorporated a wholly-owned subsidiary, Kanger Glove Manufacturing Sdn Bhd, which will acquire around five acres in Ijok for RM6.8 million.
Kanger Glove would spend RM70 million to build the plant and install up to eight production lines to produce medical, surgical and/or nitrile glove.


Announcement on 21 August 2020.
The Company provided additional information pursuant to the queries by BURSA.
The company need to apply for the relevant regulatory approvals for setting up the factory.
Remarks: No further announcement or report on the progress of this medical examination gloves manufacturing operations can be retrieved by the writer yet by to date.



** DISCLAIMER: I wrote this article based on my research from www.bursamalaysia.com and information reported on the web. Any misreporting and emission of the information should not be my intention. All the information given is not for buy call or sell call purposes.

A Conditional Sale and Purchase Agreement (SPA) between Kanger Ventures Sdn Bhd and Aset Kayamas Sdn Bhd, relating to the proposed acquisition of serviced apartments located @ Genting Highlands, Bentong, Pahang.
Progress of the agreement:



Based on an announcement dated 24 February 2021.
The company announced the acquisition proposal by Kanger Ventures Sdn Bhd , a wholly-owned subsidiary of Kanger, of 126 units of proposed serviced apartments located on the 30th to 45th floors of Tower A, Antara @ Genting Highlands, Bentong, Pahang from the developer, namely Aset Kayamas Sdn Bhd for a total purchase consideration of RM142,870,000 to be satisfied entirely via cash.


Based on an announcement dated 19 April 2021.
The company announced that the listing application pursuant to the Proposals has been submitted to Bursa Malaysia Securities Berhad on 19 April 2021.


Based on an announcement dated 26 April 2021.
The company announced that the Board had on 26 April 2021 ("Price-Fixing Date") resolved to fix the issue price of the Rights Shares at RM0.06 per Rights Share ("Issue Price").


Based on an announcement dated 2 June 2021.
The company announced that the Bursa Securities vide its letter dated 2 June 2021, resolved to approved the following:-
Admission to the Official List and listing and quotation of up to 2,861,936,149 Warrants B to be issued pursuant to the Proposed Rights Issue with Warrants;
ii. Listing and quotation of:-

Up to 2,861,936,149 new Kanger Shares to be issued pursuant to the Proposed Rights Issue with Warrants;



Remarks: This agreement in progress and awaiting for the completion of the proposed Right Issue (RI) with warrants exercises.

Started from August 2020, Kanger (0170) has signed several Memorandum of Understandings (MOUs) and agreement with several parties to start several business opportunities. The current status of the MOUs and agreements are as follows:



A Collaboration Agreement between Vegetta Champion Sdn. Bhd. and Kanger Ventures Sdn. Bhd. a wholly owned subsidiary of Kanger, relating to a construction contract at Genting Highlands with contract value RM478 million.
Progress of the agreement:

Based on an announcement dated 2 March 2021.
VCSB received a Letter of Intent dated 2 March 2021, whereby VCSB was appointed as the main contractor for foundation and main building works of a project.
Kanger Ventures shall be responsible for the entire project management, financial and entire administration of the Project
b. Based on an announcement dated 4 March 2021.

The Company announced that the Project is expected to commence in June 2021 and to be completed in 48 Months.
Remarks: The construction project contract under this collaboration agreement will start on June 2021.



MOUs between Kanger and several parties, relating to the company’s efforts to secure as a distributor for Sinopharm Covid-19 vaccines in Malaysia.
Progress of the MOUs:

The progress of the referred MOUs can be referred to an article at a web link https://klse.i3investor.com/blogs/httpsklsei3investorcomM/2021-05-29-story-h1565953920-Kanger_017_The_Bamboo_Flooring_And_Related_Products_Company_Is_Trying_H.jsp


Remarks: These MOUs is in progress and awaiting for NPRA’s approval for the Sinopharm Covid-19 vaccines before Kanger probably can execute the deal to import and distribute the vaccines in Malaysia.



A Conditional Sale Agreement (SSA) between Kanger and Vendors, relating to the proposed acquisition of 1,020,000 ordinary shares of Sung Master, representing 51.0% equity interest of Sung Master.
Progress of the agreement:



Based on an announcement dated 26 April 2021.
The company proposed acquisition of 1,020,000 ordinary shares of Sung Master, representing 51.0% equity interest of Sung Master ("Sale Shares") for a purchase consideration of RM94,789,436.00.
The Purchase Consideration shall be satisfied via a combination of cash payment of RM51,999,999.62 whilst the remaining purchase consideration of RM42,789,436.38 shall be satisfied via the issuance of 713,157,273 new ordinary shares of Kanger at the issue price of RM0.06 per Kanger Share.
Based on an announcement dated 12 May 2021.
The company announced that the listing application for the Proposals has been submitted to Bursa Malaysia Securities Berhad on 12 May 2021.
Remarks: This agreement is in progress and awaiting for approval from the authority’s approval and the completion of the proposed Right Issue (RI) with warrants exercises.

https://klse.i3investor.com/blogs/mzm511/2021-06-07-story-h1566103030-The_Currents_Status_of_MOUs_and_Agreements_Relating_To_KANGER_0170.jsp

https://klse.i3investor.com/blogs/mzm511/2021-06-07-story-h1566103030-The_Currents_Status_of_MOUs_and_Agreements_Relating_To_KANGER_0170.jsp

we will see techfast is really hope soon !

KUALA LUMPUR (June 2): Techfast Holdings Bhd has secured a RM1.46 billion contract to supply a range of marine fuel oils over a three-year period to a Singapore-based integrated marine fuel oil logistics provider.

In a bourse filing, Techfast said its wholly-owned subsidiary Fast Energy Sdn Bhd (FESB) will supply Wise Marine Pte Ltd up to 20,000 tonnes of low sulphur fuel oil, low sulphur marine gas oil and high sulphur fuel oil every month.

The components manufacturing group said this is its second supply contract with Wise Marine. In March, it had signed a RM2.2 billion deal to supply up to 30,000 tonnes of marine fuel oils per month to Wise Marine.

The delivery to Wise Marine commenced in April, with a supply of 10,000 tonnes of marine fuel oils per month, said Techfast.

“Our volume of marine oil fuels supplied has been limited by the availability of bunkering vessels," said Techfast executive director Vincent Tan Wye Chuan in a statement.

"Hence, we have decided to enter into a strategic joint venture, whereby Techfast will fund the purchase of a bunkering vessel to increase our capacity to handle larger supply volumes,” he said.

FESB's joint venture with Wise Marine and Fultonn Marine Sdn Bhd involves the purchase of suitable product tankers and perforing O&G trading activities.

Fultonn Marine is responsible for facilitating the purchase of the vessel, while Techfast is to provide the funding.

“With the new vessel, we are able to expand the group’s supply capacity and deliver marine fuels of up to 50,000 tonnes per month to Wise Marine. This will enable us to secure a larger share of the oil bunkering market in Port Klang, enhancing our revenue streams," said Tan.

To help finance the vessel acquisition, Techfast has proposed a two-for-one rights issue with free warrants to raise up to RM109.1 million.

The group has also proposed the disposal of its wholly-owned subsidiary Techfast Precision Sdn Bhd to raise funds of RM6.1 million cash.

Techfast's share price rose half a sen or 1.61% to close at 31.5 sen, giving the group a market capitalisation of RM124.9 million. The counter saw 9.81 million shares exchanging hands.

Techfast is better than others counter. More stable and now break support level, time for uptrend