Posted by Johnchew5 > 2023-08-22 09:13 |

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Posted by Johnchew5 > 2023-08-22 09:33 |

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Posted by Johnchew5 > 2023-08-22 09:34 |

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Posted by Johnchew5 > 2023-08-22 09:37 |

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Posted by UlarSawa > 2023-08-22 09:37 |

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Posted by newbie9893 > 2023-08-22 09:39 | Report Abuse

last chance to grab JAKS@0.205, you won't get this price from tomorrow onward

Posted by Johnchew5 > 2023-08-22 09:49 |

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Posted by Johnchew5 > 2023-08-22 09:53 | Report Abuse

JAKS RESOURCES BERHAD (“JRB” OR THE “COMPANY”)
MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN JAKS POWER SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF JRB, AND ZERO CARBON ENERGY EUROPE GMBH

1. INTRODUCTION
The Board of Directors of JRB (“Board”) is pleased to announce that JAKS Power Sdn Bhd (“JAKS Power”), a wholly-owned subsidiary of JRB, had on 25 July 2023, entered into a memorandum of understanding with Zero Carbon Energy Europe GmbH. (the “ZC Energy”), a company incorporated in Germany and having its principal office at Hans-Weigel Str. 18a, 04319 Leipzig, Germany (“MOU”).
The MOU shall be non-binding on both parties and is intended to be an outline of the basic principles of the cooperation between the parties and to provide guidelines for the conduct of further negotiations between the parties as to the cooperation content.

JAKS Power has intention to participate and will engage in comprehensive cooperation with the project sponsor, ZC Energy on a solar photovoltaic project with an installed capacity of 63.3MW, located around Grosseto and Firenzuola in Tuscany, Italy (“Project”).

Posted by Johnchew5 > 2023-08-22 09:54 | Report Abuse

ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun, each holding 50% of the shares and the Managing Director is Mr. Ji Jian. It is a company specifically established for Italian projects and is the project sponsor of the current project in Tuscany. Mr. Wang Xue Jun also owns BaySolar AG and Bay Energy Group which has previously developed similar solar projects in Europe ranging from 7.4MW to 163MW.

Posted by Johnchew5 > 2023-08-22 09:54 | Report Abuse

3. SALIENT TERMS OF THE MOU
(i) Under the terms of the MOU, the Parties have agreed on the following approach:
(a) ZC Energy shall grant an exclusivity period of 3 months from the date of the MOU or any mutually extended period (the “Cooperation Period”) for JAKS Power to conduct its due diligence and for the Parties to sign the definitive agreements which shall stipulate the roles, project investment price, construction period, and other specific details (“Definitive Project Investment Agreement”); and
1

(b) In the event the Parties are unable to sign the Definitive Project Investment Agreement within the Cooperation Period, ZC Energy may choose to proceed with the project implementation on its own and JAKS Power shall have the option to invest in the project at a later stage.

Posted by UlarSawa > 2023-08-22 10:06 |

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Posted by Johnchew5 > 2023-08-22 10:44 | Report Abuse

(b) In the event the Parties are unable to sign the Definitive Project Investment Agreement within the Cooperation Period, ZC Energy may choose to proceed with the project implementation on its own and JAKS Power shall have the option to invest in the project at a later stage.

Posted by Johnchew5 > 2023-08-22 10:50 |

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Posted by Johnchew5 > 2023-08-22 11:02 |

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Posted by Johnchew5 > 2023-08-22 11:39 |

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Posted by newbie9893 > 2023-08-22 11:44 | Report Abuse

last chance to grab JAKS@0.21, you won't get this price from tomorrow onward

Posted by Johnchew5 > 2023-08-22 11:46 |

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Posted by UlarSawa > 2023-08-22 12:02 |

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Posted by Sslee > 2023-08-22 12:08 | Report Abuse

COD mean interest payment and expenses incurred cannot be capitalise any more and had to be reported in P&L as expenses.

Very soon you will know whether LSS4 is a profit making or lose making for jaks.

Posted by Johnchew5 > 2023-08-22 12:16 |

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Posted by Johnchew5 > 2023-08-22 12:21 |

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Posted by Johnchew5 > 2023-08-22 12:22 |

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Posted by StartOfTheBull > 2023-08-22 12:25 | Report Abuse

Same same as 63 years rotten akar in Capital A talk show, now Jaks has already up by 10%. Better ownself cut off the 🐦 🐦.

Posted by Johnchew5 > 2023-08-22 12:26 |

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Posted by Sslee > 2023-08-22 13:55 | Report Abuse

All this while cashflow is negative otherwise how to justify every year PP and RI?

ALP already plan ahead for more and more PP and RI so that he can reward himself with more and more LTIP free grant.

Posted by Sslee > 2023-08-22 14:36 | Report Abuse

Imagine you take 100% bank loan to purchase a house for rental income. Can your rental income covered the bank loan installment payment?

Posted by newbie9893 > 2023-08-22 14:37 | Report Abuse

You won't be able to get this price @0.21 next week, marked my words.

Posted by UlarSawa > 2023-08-22 14:38 |

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Posted by newbie9893 > 2023-08-22 14:38 | Report Abuse

i already collect tons of jaks at 0.195-0.20 last 2 weeks, TP 0.50

Posted by qqq47660 > 2023-08-22 14:39 | Report Abuse

buy BJfood better than buy Jaks

Posted by UlarSawa > 2023-08-22 14:41 |

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Posted by Sslee > 2023-08-22 14:50 | Report Abuse

If KYY nominees become directors than insiders cannot every year do impairment of trade receivables and other receivables in order to syphon out company money to related, friendly or own pocket.

Posted by Johnchew5 > 2023-08-22 14:52 | Report Abuse

Average Volume (3M) 100,276
Relative Volume 1.9

Posted by UlarSawa > 2023-08-22 14:52 | Report Abuse

Ok. When can get 50sen. By end of this year. Boleh?


newbie9893

i already collect tons of jaks at 0.195-0.20 last 2 weeks, TP 0.50

12 minutes ago

Posted by Johnchew5 > 2023-08-22 14:53 |

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Posted by Johnchew5 > 2023-08-22 14:54 |

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Posted by Johnchew5 > 2023-08-22 14:56 |

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Posted by Johnchew5 > 2023-08-22 15:02 |

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Posted by Johnchew5 > 2023-08-22 15:04 |

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Posted by Taywalker > 2023-08-22 15:17 | Report Abuse

Flyyyyyyyyyyyyyyy!

Posted by blazer999 > 2023-08-22 16:13 | Report Abuse

waaaaaaaaa

Posted by Johnchew5 > 2023-08-22 17:25 |

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Posted by noirluck > 2023-08-22 17:25 | Report Abuse

Tmr round 2??

Posted by Johnchew5 > 2023-08-22 17:28 | Report Abuse

Average Volume (3M) 10,027,600
Relative Volume 3.2

Posted by Johnchew5 > 2023-08-22 17:33 |

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Posted by Johnchew5 > 2023-08-22 17:52 | Report Abuse

Remember Do 3 Own : Own Homework, Own Analysis n Own DecisionS as only you know your Risk level . 



DecisionS: is changed Upon new information, new facts n figures.