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32 comment(s). Last comment by SarifahSelinder 2023-03-09 14:36

Posted by SarifahSelinder > 2023-03-07 22:21 | Report Abuse

Klau kena bikin PP so that can pay dividend Forget the dividend

Don't pressure Andy to pay dividend just yet

Do PP so that can pay dividend just doesn't make sense

Posted by SarifahSelinder > 2023-03-08 08:15 | Report Abuse

U ketawa laugh at company that take bank loan to pay dividend

But here u are doing the worst

Here u are pressuring Andy to pay dividend by doing PP

Sslee

6,860 posts

Posted by Sslee > 2023-03-08 08:24 | Report Abuse

Dividend
In the CA 2016, the dividend rule is found in s131. It has two principles – ie (1) the dividend is to be paid out of the company’s profits; and (2) the dividend should not be paid if the payment will cause the company to be insolvent. As the directors are the ones who authorise the payment of dividends, they must be satisfied that the company will be solvent after the distribution is made.

Section 133(2) provides for the liability of the director and manager who wilfully paid or permitted to be paid dividends out of what they knew to be not profit. They are liable to the company to the extent of the amount exceeding the value of any distribution of dividends that could properly have been made.

The CA 2016 also prescribes the new liability imposed on the member. Section 133(1) states that the company may recover the amount of distribution received by a shareholder which exceeds the amount which could properly have been made unless the shareholder (1) has received the distribution in good faith; and (2) has no knowledge that the company did not satisfy the solvency test.

curiousq

1,100 posts

Posted by curiousq > 2023-03-08 09:44 | Report Abuse

Pls put in some malay sentences /wordings to promote malay as business language !!

Ini tak susah, bukan?

Posted by SarifahSelinder > 2023-03-08 09:46 | Report Abuse

Selamat pagi Sslee

Posted by SarifahSelinder > 2023-03-08 09:47 | Report Abuse

EQUITY AND LIABILITIES
Equity attributable to owners of the parent
Share Capital 1,074,143
Reserves 26,188
Accumulated Profit 310,594
1,410,925

JAKS appears to have the profits to pay dividend

Posted by SarifahSelinder > 2023-03-08 09:49 | Report Abuse

Solvent?

Klau solvent in term cash flow mcm ada sikit question marks

Klau no PP to cover cash flow after paying divvy mcm stretching thing a bit

Posted by SarifahSelinder > 2023-03-08 09:50 | Report Abuse

Sbb tu la jangan pressure Andy to pay dividend at this juncture

Posted by SarifahSelinder > 2023-03-08 09:52 | Report Abuse

Pay divvy than buat PP no a good strategy

Posted by SarifahSelinder > 2023-03-08 09:53 | Report Abuse

Expected

Profit from Vietnam IPP

Excepted and materialised

Posted by SarifahSelinder > 2023-03-08 09:53 | Report Abuse

Expected

Divvy from Vietnam IPP

Excepted and materialised

Posted by SarifahSelinder > 2023-03-08 09:54 | Report Abuse

Expected

Losses from local businesses

Excepted and materialised

Posted by SarifahSelinder > 2023-03-08 09:54 | Report Abuse

All these are ok

Posted by SarifahSelinder > 2023-03-08 09:55 | Report Abuse

Not expected

Byk PP especially this 10% PP to early settle bank borrowings

Not xcepted and but materialised

curiousq

1,100 posts

Posted by curiousq > 2023-03-08 09:56 | Report Abuse

Mixing English and malay can show that we can master both languages dan memperlihatkan bakat Malaysian ......

Posted by SarifahSelinder > 2023-03-08 09:56 | Report Abuse

The last PP must be the last PP

Posted by SarifahSelinder > 2023-03-08 09:56 | Report Abuse

JAKS price has been whacked by byk PP PP PP

Posted by SarifahSelinder > 2023-03-08 09:58 | Report Abuse

Stop this PP

STOP JAKS PP STIGMA!!!

curiousq

1,100 posts

Posted by curiousq > 2023-03-08 09:59 | Report Abuse

Tak salah promote malay as business language

Posted by SarifahSelinder > 2023-03-08 10:12 | Report Abuse

Forgo the dividend this time or do DRP

Get Andy to stop this 10% PP

Sslee

6,860 posts

Posted by Sslee > 2023-03-08 10:50 | Report Abuse

This 10% PP is to pay debt and for working capital.
After that will be another PP or RI to pay for the 10% addition equity in JV Vietnam power plant.

Posted by SarifahSelinder > 2023-03-08 11:13 | Report Abuse

Klau tak pay dividend ada c 70m dari Vietnam kat bank d

Cash ni can use to pay debts and working capital

Posted by SarifahSelinder > 2023-03-08 11:23 | Report Abuse

Sarifah pasti declaring a dividend at this moment will not push up JAKS price

Lagi pun dividend tu pun x byk c 3 sen jer

Posted by SarifahSelinder > 2023-03-08 11:25 | Report Abuse

But the announcement of PP terus hammer the nail into JAKS price

Posted by SarifahSelinder > 2023-03-08 11:26 | Report Abuse

Pandai pandai la JAKS shareholders

DON'T pressure Andy to pay dividend just yet

Posted by SarifahSelinder > 2023-03-08 11:27 | Report Abuse

This is oso a test of Andy character

Find out if Andy proposed the PP for the benefit of his buddies

Posted by SarifahSelinder > 2023-03-08 11:45 | Report Abuse

Klau dah ada c70m kat bank

Tapi nak teruskan PP maka suspect la Andy

Posted by SarifahSelinder > 2023-03-08 16:06 | Report Abuse

JAKS NOS

Sekarang

2,042,317,607

Bila Vietnam IPP baru start

634,000,000

Increased by 1,408,000

Cannot blame if people see JAKS as PP king

Cannot do this 10% PP anymore

Posted by SarifahSelinder > 2023-03-08 16:16 | Report Abuse

Say no to dividend in this year 2023

At the least say u will do DRP so that there is no PP

ks55

4,248 posts

Posted by ks55 > 2023-03-08 16:17 | Report Abuse

Who is to blame if you lose money in Jaks?
Already made known Directors are good at self-enrichment scheme years ago and still want to try your luck? Better go Genting to bet on Big-Small, at least you still have 50% chance.

Posted by SarifahSelinder > 2023-03-09 14:34 | Report Abuse

But looks like long suffering in denial shareholders are longing for the dividend as such kan bring on the full wrath of the 10% PP

Posted by SarifahSelinder > 2023-03-09 14:36 | Report Abuse

Andy has taken off his mask taken off his gloves

Price is falling kaw kaw

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