drop? buy more! drop further? buy more again! drop even further? buy more more again and again! you think it will not go up ar? Drop 2cents, top up double vol. Drop 4 cents, top up 4x vol. Drop 6 cents, top up 8x vol. Sure will go up one day and that's the day you are billionaires. Afraid cannot up ar? go see doctor if cannot up.
The JV partner's business in China plays a supporting role towards EV industry, and has credible list of clients. Malaysia is a strategic hub for SEA expansion for China EV manufacturer.
In fact, a joint venture company was set up sometimes in 2021 between Sunsuria and IAT Automobile China . The name of the company was registered as Sunsuria IAT (M) Sdn Bhd. It so happened that there was a serious outbreak of COVID 19 Pandemic .
Could it be that the project was postponed due to COVID 19 ???
Could it be possible that the project to be started this year ???
Some of you may Google search the company Sunsuria IAT (M) Sdn Bhd if you like.
If you wish to have more details of the company, you may have to go through CTOS search which will charge you a small fees.
So the chance of success of the project will be 50:50.
(Just for your information. Not a buy or sell call.)
economic news Anhua's visit to Huahua, fruitful results, Chinese investment will come to Malaysia to discuss cooperation in new energy vehicles
April 06, 2023 Zheng Likang At the meeting, Zheng Likang earnestly reported on the future plans for Malaysia-China cooperation.
(Putrajaya, 6th) The fruitful results of Prime Minister Dato’ Sri Anwar’s visit to China have gradually taken shape. Chinese companies will come to Malaysia one after another to discuss cooperation opportunities in the field of new energy vehicles.
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Minister of Science and Technology Zheng Likang pointed out that among the 36 large Chinese companies that the Prime Minister met with in China a few days ago, in addition to the Chinese companies that have signed a memorandum of understanding with our country, some other companies that have not signed any memorandum of understanding also expressed their desire to invest in Malaysia. interest.
"Other companies are also wanting to cooperate with Malaysia and come here to produce products. For example, two Chinese new energy companies, namely electric vehicle companies, will come to Malaysia to explore the possibility of cooperation the day after tomorrow."
Zheng Likang pointed out this at the Chinese media joint interview meeting on Malaysia-China cooperation plans and prospects today.
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In addition, he revealed that two Chinese electric vehicle companies, China Harmony Auto Holding Limited and GAC AION New Energy Automobile Co Ltd, will arrive in my country in two days. Investigate the ecology of electric vehicles and explore the possibility of setting up a factory in Madang.
Zheng Likang emphasized that every company that has signed a memorandum of understanding with our country is very enthusiastic, including Li Shufu, chairman of China's Zhejiang Geely Holding Group (Geely), who will come to Malaysia this year.
“Because of our trip to China a few days ago, one of the plans we vigorously promoted was the development of new energy, including the development of electric vehicles and hydrogen, so we also took this opportunity to vigorously promote the automotive high-tech valley in Tanjung Malim, Malaysia. (AHTV) plan, that is mainly the Automotive Technology Industrial Park.”
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He pointed out that the main task of the visiting delegation to China this time is to focus on the development of new energy vehicles, mainly electric vehicles, which also includes auto parts manufacturers, and the Ministry has also been approved by the Ministry of Trade and Industry to allow participating Invested companies get some preferential conditions, so he welcomes all companies to invest in the Automobile High-Tech Valley.
He added that the preferential conditions for the investment plan of the automobile industrial park approved by the Ministry of Trade and Industry include tax exemptions, but the relevant details must be obtained from the Ministry of Trade and Industry.
Ministry of Science and Industry receives RM32.5 billion investment
Zheng Likang mentioned that the Ministry of Science and Industry has also received an investment of RM2.5 billion from China's Shanghai Deheng Data Technology Co., Ltd. (DC-Sciences Co Ltd) to set up the first high-performance data center in Senna Science Park, Johor.
“Out of the RM170 billion investment commitments received during the Prime Minister’s visit to China, the Ministry of Science and Industry received RM32.5 billion in investment.”
A few days before the visit to China, MRANTI and TusStar signed a memorandum of understanding
On the other hand, Zheng Likang revealed that a few days before the Malaysian visit to China, they had signed a memorandum of understanding through the Malaysian Technology and Innovation Research Accelerator (MRANTI) and the Chinese enterprise TusStar.
"This is the largest startup incubator in China, and MRANTI has been involved in this area, so the two companies signed a memorandum of understanding."
In addition, he pointed out that Malaysia Nano Corporation and Suzhou Nano Technology Development Co., Ltd. also signed a memorandum of understanding.
IWCity, WCE Holdings, Sunsuria, TRC Synergy, Jentayu, Kossan, Paragon KUALA LUMPUR (April 7): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon close on Friday (April 7). Six stocks showed negative momentum, while only one stock had positive momentum.The stocks with negative momentum were:Iskandar Waterfront City ... TheEdge07 Apr, 2023 14:46pm - 23 minutes ago
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....
nicholas99
9,897 posts
Posted by nicholas99 > 2023-04-05 10:54 | Report Abuse
cypark also same ma. undervalue if compare to slvest and samaiden and sunview.