Posted by TomyamGong > 2016-08-15 16:03 | Report Abuse

Cypark and Tekseng had started moving. let's party ... in another channel. hahaa

Posted by TomyamGong > 2016-08-16 19:47 | Report Abuse

Type : Announcement

Subject : NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description : VSOLAR GROUP BERHAD (VSOLAR OR THE COMPANY)

PROPOSED RIGHTS ISSUE WITH WARRANTS;
PROPOSED ESOS;
PROPOSED IASC; AND
PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS PROPOSALS)

Reference is made to the announcement dated 21 July 2016 in relation to the Proposed Rights Issue with Warrants. For consistency, the abbreviations used throughout this announcement are the same as those in the previous announcements.

On behalf of the Board of Directors of Vsolar, M&A Securities Sdn Bhd is pleased to announce that Bursa Malaysia Securities Berhad has vide its letter dated 16 August 2016 resolved to grant Vsolar an extension of time of six (6) months from 29 September 2016 to 28 March 2017 to complete the implementation of the Proposed Rights Issue of Warrants.

This announcement is dated 16 August 2016.

What says you?

Posted by RapidBeginner > 2016-08-17 09:51 | Report Abuse

kumpul money time have extend lagi mau duit...... hahahaha

Posted by TomyamGong > 2016-08-17 14:48 | Report Abuse

I heard Mr Obama also investing in solar technology Malaysia?

Posted by davidkkw79 > 2016-08-17 14:49 | Report Abuse

Africa Obama ?

Posted by TomyamGong > 2016-08-17 14:58 | Report Abuse

U.S Obama

Posted by TomyamGong > 2016-08-17 16:50 | Report Abuse

http://www.huffingtonpost.com/2013/01/18/obama-spain-energy_n_2496471.html

Posted by TomyamGong > 2016-08-17 16:51 | Report Abuse

http://www.bloomberg.com/news/articles/2016-04-14/first-solar-making-panels-more-cheaply-than-china-s-top-supplier

Solar Technology Soaring in U.S , soon will be Malaysia

Posted by lee77 > 2016-08-17 17:08 | Report Abuse

any comment for coming QR report ???
I

Posted by TomyamGong > 2016-08-17 17:45 | Report Abuse

Just refer back to the previous QR record will do.

Posted by bowman > 2016-08-18 08:58 | Report Abuse

Estimates will be better than last QR

Posted by TomyamGong > 2016-08-18 11:15 | Report Abuse

So confident bowman bro? Price has been sideway at 0.09 - 0.095 for couple of months time. Let's wait for qr out first. Risky for now

Posted by RapidBeginner > 2016-08-18 14:37 | Report Abuse

down to drain!!!!!!!

Posted by lee77 > 2016-08-20 09:59 | Report Abuse

buy ... or bye

Posted by bowman > 2016-08-22 09:19 | Report Abuse

It must break 0.11 to have a meaningful uptrend.

Posted by RapidBeginner > 2016-08-22 10:22 | Report Abuse

this counter is meaningless... u all can forget it.......

Posted by RapidBeginner > 2016-08-23 10:45 | Report Abuse

no ppl buying no ppl selling = stable

Posted by TomyamGong > 2016-08-25 12:45 | Report Abuse

Looks more like creating a hole for more people to jump in.

Posted by vinoth > 2016-08-26 00:34 | Report Abuse

How come so many sellers?

Posted by Iamnewbie > 2016-08-26 18:13 | Report Abuse

vsolar will rebound soon, many of company are aim target to renewable energy as solar energy

Posted by vinoth > 2016-08-29 20:11 | Report Abuse

Quarter results like shit

Posted by Jolin Lai Chi Pet > 2016-08-29 20:55 | Report Abuse

don't worry, next QR will be very very good. Solar plant completed last week. It will be full production from now on..............

Posted by Carmina650 > 2016-08-30 10:13 | Report Abuse

this share got dividend

Posted by RapidBeginner > 2016-08-30 10:39 | Report Abuse

who say this share got dividend????

Posted by RapidBeginner > 2016-08-30 10:39 | Report Abuse

is going down!!!!!!!!!!! very Down!!!!! RUN~~~

Posted by MissElizaClarke > 2016-08-30 21:46 | Report Abuse

run

Posted by Fly888888 > 2016-09-03 12:16 | Report Abuse

GG liao ... LOL

Posted by bowman > 2016-09-07 15:28 | Report Abuse

Vsolar is oversold already

Posted by Iamnewbie > 2016-09-08 12:27 | Report Abuse

Hold tight vsolar for a few months. Up :D Up :D Up :D

Posted by Steven Ang > 2016-09-16 13:16 | Report Abuse

sometime need time to prove as a good company, no doubt this company every year also no profit. need time to build

Posted by Fly888888 > 2016-09-21 13:19 | Report Abuse

i wonder how , i wonder why ... why no volume .....

Posted by vege > 2016-09-28 10:32 | Report Abuse

Fly888888 no volume that mean nobody buy and sell...

Posted by RapidBeginner > 2016-10-11 10:18 | Report Abuse

0.08...... going down soon..... can collect again......

Posted by Fly888888 > 2016-10-11 22:02 | Report Abuse

GG liao @@

Posted by TomyamGong > 2016-10-13 11:50 | Report Abuse

Buy and keep. Sure got reward later

Posted by TomyamGong > 2016-10-16 11:50 | Report Abuse

Some one is buying with huge volume.

Posted by sandrakkc > 2016-10-18 11:37 | Report Abuse

This article first appeared in The Edge Financial Daily, on June 27, 2016.

KUALA LUMPUR: The renewable energy sector is booming and many firms are flocking to the business.

ACE Market-listed VSolar Group Bhd, which has spent RM9.2 million to establish its maiden 1mw solar power plant in Perak after obtaining its feed-in-tariff approval from the authorities, previously said it expected the venture to return the company to the black in its financial year ended Dec 31, 2015 (FY15).

But it has missed the date, as the plant has yet to commence commercial operation, due to technical difficulties that will likely only be ironed out by month-end, which means another financial year — its FY15 now ends on June 30, 2016 and will comprise 18 months as it has recently changed its financial year end — in the red.

VSolar executive director Leung Kok Keong said the solar farm in Simpang Pulai, Perak, was supposed to be up and running by the mid of last year, but the commencement was delayed after it was found that the plant had problems integrating with the grid, and that its power generating efficiency fell short of expectations.

“The panels were not running at the efficiency level required. Some of the panels were not collecting sufficient energy as per their design. We also found some cabling issues,” Leung told The Edge Financial Daily in an interview recently.

“We have been repairing [the cables] and running several tests of the solar panels over the past nine months. I am cautiously optimistic that the final testing process can be completed by the end of this month.” He expects the plant to start yielding returns from FY17 onwards.

On whether there is a penalty imposed on the delay in providing the renewable energy (RE) to Tenaga Nasional Bhd (TNB), Leung said there is none. He also gave assurance that the power purchase agreement (PPA) is still valid.

“Both TNB and the authorities are patient with us. They understand we have invested quite heavily in the project,” he said.

In 2013, VSolar’s unit Solar Interactive Sdn Bhd inked a 21-year RE PPA with TNB to sell the electricity generated by the plant at a fixed tariff rate of RM1.3812 per kW hour.

VSolar has estimated how much the plant can contribute to its earnings but declined to divulge the figures at this juncture, citing special incentives that have yet to be finalised.

“We should be able to regain our investment in the eighth year,” he shared.

Meanwhile, VSolar has tied up with Universiti Teknologi Malaysia (UTM) to research, develop and commercialise solar and photovoltaic technologies, to expand its reach in the solar energy business.

Under a memorandum of understanding, the group is looking at building new solar plants with installed capacity of up to 10mw on land owned by UTM and/or other suitable sites identified and provided for by the university, over the next three years. Leung estimated that each of the farms will cost up to RM10 million.

“We will finance the project through the rights issue that has been approved by shareholders but [which] has yet to be implemented. The rights issue should enable us to raise up to RM115 million in capital,” he said.

“As to how many mw [each solar farm] will have, it is still pending a decision by the Energy Commission and the Sustainable Energy Development Authority Malaysia,” he added.

“This project will benefit both the private and public sectors, as we will finance and provide technology to the project and UTM will provide us with land and manpower,” he added.

Financially, the bulk of VSolar’s income now continues to come from its servers and publishing segments, which recorded a revenue of near RM2.3 million for the 15 months ended March 31, 2016.

“These are legacy businesses from the past. We will still maintain them now, but the solar business will be our focus,” said Leung, adding the publishing segment, which publish and sell lifestyle magazine Jasmine, will move into digital advertisement soon instead of relying on shrinking print advertisement.

Vsolar shares closed 0.5 sen or 10.53% lower at 8.5 sen last Friday, valuing it at RM27.32 million.


Read full article at: http://www.theedgemarkets.com/my/article/vsolar-expects-first-solar-farm-contribution-fy17

Posted by BSC83 > 2016-10-22 18:35 |

Post removed.Why?

Posted by khatulistiwa1234 > 2016-11-24 14:47 | Report Abuse

THINKING OF CHANGING , change to fierce mode , heading to north speed .

Posted by khatulistiwa1234 > 2016-11-24 14:49 | Report Abuse

winning stock image is trace , in strong manner , olimpic type .

Posted by khatulistiwa1234 > 2016-11-24 14:50 | Report Abuse

accurate source said , it will come .

Posted by khatulistiwa1234 > 2016-11-24 14:51 | Report Abuse

BAYAN LEPAS MEMBER already start crazy manipulate it , just a firecracker on , it will burst hit new high .

Posted by khatulistiwa1234 > 2016-11-24 14:54 |

Post removed.Why?

Posted by khatulistiwa1234 > 2016-11-24 14:54 | Report Abuse

estimate 0.10 will easily break through .

Posted by khatulistiwa1234 > 2016-11-24 14:57 | Report Abuse

rehearsal pile , small pile , but is a symbol for BIG WAVE .

Posted by khatulistiwa1234 > 2016-11-24 15:01 | Report Abuse

heard GURNEY GUY is strong back up , ROUND MOON effect soon .

Posted by khatulistiwa1234 > 2016-11-24 15:02 | Report Abuse

LAST TRAIN TICKET declare .

Posted by khatulistiwa1234 > 2016-11-24 15:03 | Report Abuse

MAYBE TODAY YOU CAN SEE 0.075 , after today , it become HISTORY for VSOLAR , not longer see , it go to high version , even high version , it go .

Posted by khatulistiwa1234 > 2016-11-24 15:07 | Report Abuse

simple say , JUMP is matter of time , infinity star rewarded stock , add short term sure fly .

Posted by khatulistiwa1234 > 2016-11-24 15:26 | Report Abuse

SOLID funder is shifting from APFT to this counter , multi million in , wave until break roof top .