a good track record from China, chances very high to get 500 mw 1:59 pm 500 mw easily 100 mil profit as Jaks has 51%. 2:00 pm 100 mil plus 135mil=235mil per year , now jaks value only 400mil plus..very cheap. 2:02 pm Sell the mall asap..jaks market value should be 2 bi. 2:03 pm 80c , is fair price..WC 40c..will this achieve in 2024, b4
The option to exercise the purchase of additional 10% shareholdings in JHDP has expired. The main objective for the Group is to focus on our core businesses, mainly Construction and Power & Energy.
We intend to bid up to 500MW for the upcoming LSS5, partnering a renowned global player in the power generation industry. CAPEX numbers are still being finalised at this juncture.
Total receivables impairment for the last 5 years amounted to RM167 million and reversal of impairment amounted to RM13.6 million make up total net impairment of RM153.5 millon. For the written-off of receivables please refer to reply 1.1. For the basis of trade receivables impairment please refer to 1.2 and 1.2.2.
All the material related party transactions are diclosed in note 35 (b) to the financial statement. During our course of audit, we are not aware of other related party transactions
JAKS Solar Nibong Tebal (JAKS Solar), a wholly-owned subsidiary of JAKS Resources, obtained a RM112.5 million (US$26.5 million) financing facility from AmBank Islamic in March 2022 as part of a multilateral financing facility worth RM220 million (US$51.82 million).
AmBank Islamic provided the Islamic portion of the facilities while United Overseas Bank (UOB) provided conventional facilities worth RM125 million (US$29.44 million).
Full borrowing for 50MW LSS4. Any bank dare to lend more money to jaks for LSS5 500MW?
Anyone hold BOD accountable, responsible and answerable to what BOD promised on the addition 10% JHDP in the 21th AGM?
At 21th AGM Question: Please provide an update on the status of subscribing the additional 10% stake in JHDP. Is JRB planning for a cash call (right issue) to subscribe the additional 10% of JHDP?
Answer: We have received several financing proposals from Singaporean financial institutions and currently negotiating the terms.
We wish to clarify that we do not intend to undertake a cash call exercise to subscribe the 10% option. At present, we have received several financing proposals from Singaporean financial institutions and currently negotiating the terms.
At 22th AGM Question: Purchase progress of additional 10% in Jaks Hai duong?
Answer: The option to exercise the purchase of additional 10% shareholdings in JHDP has expired. The main objective for the Group is to focus on our core businesses, mainly Construction and Power & Energy
after the AGM, i see finally the Group is trying to revive its issues especially on the funding. Short to mid term, i don't see 24 cents is an issue. every dog has its days. even the blackest one
there are a few catalysts. if they can demonstrate they can recoup at least RM200m back in JHDP with dividend back to the shareholders. Moreover, they are working out on off-court settlement with the Star
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Huangbk72
5,222 posts
Posted by Huangbk72 > 2024-07-05 18:18 |
Post removed.Why?