On 15 March 2017, the Company had announced that it had on even date entered into a MOU with Hubei Guang Bo New Energy Co. Ltd. (“Guang Bo”) to, amongst others, collaborate in the R&D, production, assembly, distribution and marketing of off-gird/grid-connected wind power generation system, solar power generation system and wind-solar complementary power generation system. Guang Bo, a private limited company incorporated in the People’s Republic of China (“PRC”), is a high and new technology enterprise that is capable of R&D, manufacturing, marketing and a technology service provider of power generation systems. Further to the said MOU, the Company had announced on 30 March 2017 that Guang Bo had vide a letter dated 30 March 2017, informing that they intend to place an order with the Company for wind-solar items comprising charge controllers, inverters, battery and chargers, light- emitting diode lightings, solar panel, polymer materials, drive shafts, blades, generator, nacelle, yaw drive, yaw motor and others. The purchase order is worth approximately RM100 million and is expected to be completed and delivered within 3 years from the date of the purchase order from Guang Bo. However, the certainty of Guang Bo placing an order with the Company cannot be determined at this juncture as it will depend on the outcome of several solar projects that Guang Bo is in the midst of bidding mainly in the PRC. As at the LPD, the Group has yet to receive a purchase order from Guang Bo and hence has not commence production of the abovementioned items. The above collaborations represent opportunities for the Group to further expand its solar business. The Group expects these collaborations to contribute positively to the performance
Further to the announcement on 22 May 2018 and pursuant to Section 271 (2) (b) of the Companies Act, 2016, the Board of Directors of Trive wishes to inform that Messrs. Jamal, Amin & Partners, having consented to act, is appointed as the external auditors of the Company on 27 August 2018.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
rsim03
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Posted by rsim03 > 2018-07-26 02:19 | Report Abuse
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