Then why in 2022 financial report on JV JPP Group? 2022 2021 RM RM Non-current financial liabilities (excluding trade and other payables and provisions) (4,401,923,432) (4,720,926,257)
2022 2021 RM RM Revenue 2,553,073,558 3,011,637,528 Other current assets 760,743,244 650,115,103 Other current liabilities (740,728,872) (1,380,386,041)
So other current assets is mostly trade receivables Other current liabilities are trade and other payable.
From revenue and trade receivables you should able to work out how many months it take for EVN to pay JHDP.
Vietnam Electricity (full name: Vietnam Electricity Group, abbreviated name: EVN, Vietnamese: Tập đoàn Điện lực Việt Nam) is the largest power company in Vietnam. Vietnam Electricity (EVN) was established by the government of Vietnam as a state-owned company in 1994, and has operated officially as a one-member limited liability company since 2010.
Yes, credit term 90 days for JHDP is normal what is unnormal are trade receivables and other receivables in JAKS Balance Sheet which needed yearly impairment loss in trade and other receivables.
Pity someone do not know what does it mean or different between? Impairment loss on trade and other receivables and Impairment loss on non current assets
GUH Holdings Bhd said its subsidiary has reached an out-of-court settlement with a unit of JAKS Resources Bhd and a construction firm, over its payment claim for work undertaken as a sub-contractor. GUH’s subsidiary Teknoserv Engineering Sdn Bhd had sued JAKS Sdn Bhd and KACC Construction Sdn Bhd (JAKS-KACC JV) following the termination of the sub-contract to construct a new network pumping station and demolition of existing sewerage treatment plants at Jinjang-Kepong, Kuala Lumpur. GUH said Teknoserv and JAKS-KACC JV have now agreed to settle amicably, all claims and disputes. Under the settlement, JAKS-KACC JV is to pay Teknoserv RM9.07 million via seven instalments.
We refer to the previous announcements and the circular to shareholders dated 10 February 2023 in relation to the Private Placement (“Circular”). Unless otherwise defined, the definitions set out in the Circular shall apply herein.
On behalf of the Board, UOBKH wishes to announce that an application has been submitted to Bursa Securities on 3 July 2023 to seek for its approval for an extension of time of up to 29 January 2024 for the Company to complete the implementation of the Private Placement (“Extension of Time Application”). The Extension of Time Application is sought pursuant to Paragraph 6.63 of the Listing Requirements.
Hoho not bad le , completed during Pandemic period:
Construction of Hai Duong BOT Thermal Power Plant has commenced in the first half of 2016. Hai Duong BOT Thermal Power Plant achieved the commercial operation for its first unit on November 2020, while the commercial operation for the second unit was achieved in January 2021.
By Adam Aziz / theedgemarkets.com 02 Aug 2022, 08:30 am Updated - 01:35 pm
KUALA LUMPUR (Aug 2): Bidders of Malaysia’s fourth round of large scale solar awards (LSS4) will have their power purchase agreements (PPAs) extended by four years to 25 years, from 21 previously, according to sources. This appears to be a concession the Energy Commission (EC) is making in consideration of how the viability of certain projects have been affected, following a 30%-50% jump in solar panel prices — compared to when they submitted their bids in 2020. A number of project owners have also requested for the EC to review the electricity bid prices, considering the challenging environment, but this has been rejected by the regulator. Nevertheless, the PPA extension, which could be finalised by the EC as early as this week, would provide a relief to companies whose internal rate of return (IRR) could now return to the high single-digit percentage forecasted in the bids they submitted before the price shock.
LSS4, which will have a total quota of 823.06 megawatt (MW), saw intense competition during the bidding stage, which contributed to some companies putting in aggressive bids that incorporated a declining trend in solar panel prices — which suddenly reversed course during the pandemic.
Hoho LSS4 Solar Project Total Value RM 4.0 Billion , oredi awarded ard 1/3 to ard 10 Local Companies even is not involved in Solar industry , as Gov breakdown to Smaller Tender to facilitate Smaller Local Companies involved in Solar Energy, compared previously awarded to Foreign Mega Corporation.
JAKS offers shares under long-term incentive plan to directors, employees By Priyatharisiny Vasu / theedgemarkets.com
14 Sep 2022, 10:25 pm
KUALA LUMPUR (Sept 14): JAKS Resources Bhd has offered share options under its long-term incentive plan (LTIP) to eligible directors and employees of the group and its subsidiaries.
In a filing with Bursa Malaysia, JAKS said the 57 million LTIP shares are offered at an exercise price of 23.7 sen per share.
Of these, 30 million shares are offered to directors, comprising 17 million to chief executive officer and managing director Ang Lam Poah, eight million to executive director Datuk Razali Merican Naina Merican, and five million to executive director Ang Lam Aik.
Another 13 million shares are offered to the group's senior management, and two million to other selected employees and executives. JAKS' share price closed flat at 26 sen on Wednesday (Sept 14), valuing the group at RM521.17 million.
Over the last one year, the counter has declined by 46%.
JAKS RESOURCES BERHAD Registration No. 200201017985 (585648-T) Award of LTIP Shares under the Restricted Share Plan (“RSP”) of JAKS Resources Berhad’s (“Company”) Long Term Incentive Plan (“LTIP”) Table 1 No. Description of Award of LTIP Shares under the RSP 1. Date of Award of LTIP Shares : 6 July 2023 2. Number of LTIP Shares to the Selected Employees : 70,500,000 shares Executive Director/Chief Executive Officer Senior Management Other Selected Employees/Executives 47,000,000 20,400,000 3,100,000 3. Closing market Price of the Company’s shares on the Date of Award 4. Grant Date 5. Vesting Date of up to the number of LTIP Shares granted* This announcement is dated 6 July 2023.
means grantee are allowed to subscribe for new shares at the pre-determined price (based on 5 days VWAP with a discount of not more than 10%) during the tenure of LTIP.
(ii) Share Grant Plan (SGP)
The SGP is intended to allow the company to award such number of new shares without any cash consideration payable to the ED and Senior Management of the Group.
Additional Listing Announcement /Subdivision of Shares JAKS RESOURCES BERHAD
1. Details of Corporate Proposal Involve issuance of new type/class of securities ? No Types of corporate proposal Others Details of corporate proposal Long Term Incentive Plan - vesting of ordinary shares under Restricted Share Plan - Grant of LTIP No. of shares issued under this corporate proposal 70,500,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.1800 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 2,289,834,607 Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,110,701,554.000 Listing Date 10 Jul 2023
soon9913 share awards to directors 47mil unitss 06/07/2023 9:41 PM
The SGP is intended to allow the company to award such number of new shares without any cash consideration payable to the ED and Senior Management of the Group.
Table 1 No. Description of Award of LTIP Shares under the RSP 1. Date of Award of LTIP Shares : 6 July 2023 2. Number of LTIP Shares to the Selected Employees : 70,500,000 shares Executive Director/Chief Executive Officer Senior Management Other Selected Employees/Executives 47,000,000 20,400,000 3,100,000
The SGP (Grant of LTIP) is awarded to the above without any cash consideration.
As of the achievement yardstick used to award the SGP (Grant of LTIP) to Executive Director/Chief Executive Officer Senior Management Other Selected Employees/Executives 47,000,000 20,400,000 3,100,000 you need to ask LTIP award committees: Company already pay big cat salary and allowance and what Executive Director/Chief Executive Officer Senior Management Other Selected Employees/Executives had done/achieved that deserved all the shareholders to foot the bill for free Share Grant LTIP?
Jaks is not investible. All investors money will go to LTIP free grant to fatten the pocket of BOD/Top management and trade/other receivables impairment to syphon money out of Jaks to relate, friendly party or private companies.
Hoho here got so many Senior members whom hibernated that appeared , like the One asked on the LTIP ex price is own deleted the post , recalled is a Senior member since 2013 ..
Hoho looks like bottom fishing Shl be monitor until after PP extension of time of up to 29 January 2024 .
>>
The Proposed DRP will be tabled as a special business at the 21st Annual General Meeting (“AGM”) of JAKS, which will be held on a fully virtual basis at the broadcast venue at Manuka 2&3, Unit 29-01, Level 29, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia on Tuesday, 27 June 2023 at 10.30 a.m.. The notice of the 21st AGM of the Company together with the Form of Proxy, Administrative Guide and this Circular are available online at the Company’s website at http
>> Focus on Maximum Scenario :
91,944,315 New Share on DRP on Assumptions:
1.) All the 171,488,288 outstanding Warrants B are EX .
2.) All the 525,564,900 outstanding Warrants C are EX .
3.) All the 141,474,619 outstanding LTIP Options are EX .
4.) All the 292,884,436 Private Placement are issued Prior to the implementation of the Proposed DRP .
This Circular is dated 28 April 2023
—-
On behalf of the Board, UOBKH wishes to announce that the Board has resolved to fix the issue price for the Private Placement at RM0.1850 per Placement Share.
The issue price of RM0.1850 represents a discount of RM0.0175 or approximately 8.64% to the 5-day VWAP of JAKS Shares up to and including 17 May 2023, being the market day immediately preceding the price-fixing date of RM0.2025 per JAKS Share.
This announcement is dated 18 May 2023.
—
On behalf of the Board, UOBKH wishes to announce that an application has been submitted to Bursa Securities on 3 July 2023 to seek for its approval for an extension of time of up to 29 January 2024 for the Company to complete the implementation of the Private Placement (“Extension of Time Application”). The Extension of Time Application is sought pursuant to Paragraph 6.63 of the Listing Requirements.
This announcement is dated 3 July 2023.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Just88
452 posts
Posted by Just88 > 2023-06-29 12:29 | Report Abuse
sslee, management has confirmed 10 yrs tenure for its jhdp loan.