Posted by Aseng > 2020-07-31 21:53 | Report Abuse

I am Aseng. i wish to share with you the questions for the coming jaks AGM we had gathered in DK chat group. DK will email to ALP together with the names of 194 shares holders representing a total shares holding of about 13.05% to request the the management to provide us some guidance for matters that we wish to know more . can you please kindly provide me your email , you me i3 messenger , my ID is "iamxuewen " . thank you.

Posted by Sslee > 2020-07-31 22:24 | Report Abuse

Dear Aseng,
How are you? Miss you and i3lurker.
My email: sslee2309@gmail.com

DK chat group can go ahead with the group questions as I will still need to send in my questions as follow up to my complaint to SC and Bursa on AGM minutes and my objection to RI.

Thank you

Posted by human > 2020-07-31 22:47 | Report Abuse

Sslee, can you please ask the progress of fund utilization of last RI and what auditor works done to verify the utilization.

Posted by Sslee > 2020-07-31 23:34 | Report Abuse

Dear human,
Refer page 38:
The status of utilisation of proceeds as at 31 December 2019 is as follows.
Proposed utilisation of proceeds Proceeds Utilised as raised at 31.12.2019 RM’000: RM’000: Timeframe for utilisation
(i) Vietnam Power Plant Project: 25,491: 25,491: Within 12 months
(ii) Repayment of Bank Borrowings: 4,335: 4,335: Within 12 months
(iii) Renewable Energy Projects: 10,000: 10,000: Within 12 months
(iv) Estimated expenses for the proposed PP: 1,100: 1,100: Upon completion of Proposed Private Placement

Already ask under questions 18 and 19. RM 10 million on Renewable Energy Projects

Posted by Sslee > 2020-07-31 23:35 | Report Abuse

Dear Aseng,
Just for your information:

Under Company Act 2016
Power to convene meetings of members
310. A meeting of members may be convened by-
(a) The board; or
(b) Members representing at least ten per centum of the issued share capital

311. (3) The directors shall call for a meeting of members one the company has received requisition to do so from
(a) Members representing at least ten per centum of the issued share capital carrying the right of voting at meeting of members of the company.

312. (1) In relation to section 311, the director shall-
(a) Call for the meeting within fourteen day from the date of the requisition: and
(b) Hold the meeting on a date not more than twenty- eight days after the date of the notice to convene the meeting.

With shareholding of 13.5% DK group still have time to make Requisition for EGM to be held immediately after 18th AGM on 15th Sept 2020 with resolution to appoint DK group nominee as the independent director of JAKS.

Posted by Aseng > 2020-07-31 23:48 | Report Abuse

Sslee,
I miss you also.
since we are not in the same boat but still in the same sea ,
it is ok you go ahead with your objection to RI and we go ahead with our demand for the management to answer our questions. we still can communicate later if there is any new development

thank you.

Posted by Aseng > 2020-08-01 09:29 | Report Abuse

Dear Sslee,

Good morning,

How to send our questions for the AGM officially and correctly so that it will made as one of the key matters to be discussed.

Thank you.

Posted by human > 2020-08-01 10:32 | Report Abuse

Sslee, seem to make more sense to ask the fund use for the feasibility studies. Thanks for the clarification.

Posted by stockraider > 2020-08-01 11:16 | Report Abuse

Ask i always says since day 1, jaks is a conman stock, better just stay away loh...!!

Best to sell & switch and all to insas loh...!!

Posted by Sslee > 2020-08-01 11:22 | Report Abuse

Dear Aseng,
There are two way:
1. Register with Tricor and then send your questions to tricor portal JAKS submit AGM questions:
JAKS 18TH AGM - REGISTRATION Notification
Tricor Investor & Issuing House Services Sdn Bhd
Please log-in https://tiih.online/ for more information.

2. Directly email to;
a. JAKS IR: info@jaks.com.my
b. Company secretary: Leong Oi Wah: oiwah@epsilonas.com
c. CC to Andy Ang. You can get Andy Ang email address from OTB
d. CC to Xiao Ying: xiaoying@epsilonas.com

Posted by Aseng > 2020-08-01 13:55 | Report Abuse

Dear Sslee,

Thank You Very Much

Posted by Karlos > 2020-08-03 08:34 | Report Abuse

Thank you for your initiative and effort to do something for the many suffering minority shareholders of Jaks. Most shareholders agreed that the management of Jaks are not doing things in the best interest of shareholders especially the outside minority and that we need to do something for our common interest.
Well done and thank you again Sslee.

Posted by human > 2020-08-03 10:43 | Report Abuse

thanks.