Posted by DK66 > 2019-09-23 00:08 | Report Abuse

For those who wish to study the joint venture agreement in detail

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=171520&name=EA_DS_ATTACHMENTS

Posted by Sslee > 2019-09-23 08:47 | Report Abuse

Dear DK66,
Well done. Indeed JAKS is very lucky to have CPECC as JPP Joint Venture Partner. You can expect latest by 2021 JPP will contribute USD30 million to JAKS coffer JAKS still need to clean out the mess created in Malaysia operation and its balance sheet and hopefully ALP do not squander away his good fortune from JPP.

Thank you

Posted by DK66 > 2019-09-23 08:50 | Report Abuse

Dear Sslee,

Thanks, I m glad that you like the article.

Posted by speakup > 2019-09-23 09:18 | Report Abuse

Koon thought he can fark Jaks CEO Ang
but ultimately Ang farked Koon

Posted by newbie8080 > 2019-09-23 11:13 | Report Abuse

Thumbs up for the writings.
By the way, do you know the currently outstanding orderbook for the vietnam power plant.

Posted by DK66 > 2019-09-23 11:25 | Report Abuse

Based on the billings, should be around US$160m as at june 2019

Posted by newbie8080 > 2019-09-23 15:44 | Report Abuse

So it's true.
Thanks for the info.

Posted by DK66 > 2019-09-23 21:18 | Report Abuse

On point to note here is CPECC guaranteed the entire bank financing and undertook to completed the project. This means that if the power plant project failed entirely, CPECC will have to bear the entire losses.

The potential investment returns from its eventual 60% economic interest in the power plant must be high enough so as to commensurate the risk of entire losses.

Of course, the risk of loss dependent very much on CPECC's confidence in completing the project successfully on time.

Posted by Nikmon > 2019-09-23 23:26 | Report Abuse

Should the power plant complete by mid of 2012, 40 million contribute for each quarter.

Posted by WiseEye > 2019-09-24 00:51 | Report Abuse

wad do u mean by 2012? going back to the past?

Posted by Nikmon > 2019-09-24 01:04 | Report Abuse

Haha， should be 2020