Haha as said after the 1st event LSS5 2000 MW … then 2nd event : 👉Jaks Won on March 2024 from Federal Court against Star on the 6 years Legal battle .. now claim against Star over RM 540 million , case management is scheduled on August 2025 ..
2nd event : 👉Jaks Won on March 2024 from Federal Court against Star on the 6 years Legal battle .. now claim against Star over RM 540 million , case management is scheduled on August 2025 ..
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Posted by Sslee > 25 minutes ago | Report Abuse
So not one take responsibility, accountability and answerable to total net impairment of RM153.5 millon receivables for the past 5 years?
Haha Jaks Last PP still had Investors interested… See Hexcap 20 % PP in Jan 2024 No News ( No investor interested ) .. then PP proposal which is approved in EGM on April 2024 is also No News …
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?
Haha Pokkai Tin Kosong Auntie Kon Huangbk blowing PMCORP with TP RM 2.00 , see its Value since 2013 wow … must be loss naked liaw .. hibernated more than 7 years since 2014 …
>> Haha Pokkai Tin Kosong Auntie Kon Huangbk joined the Kacukan Tippu Tippu gang in TopGlove on 2024 to promote HK/China and US stock ____. Beware ..
👉 Haha Insas forum became konartist sslleee paid Macai Pokkai kon Ularsawa …..and Kon qqq47760 ( Ori id qqq3333 n aka qqq1212 , both are banned permanently) platform to promote Hk /China n US stock … also Ularsawa Sifutt Pokkai Kon Stingray.. on 2023 …
Beware those sweets talks on US n HK stock for promoting online trading platform…maybe scam platform as news article is published.
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
Haha btw Konartist sslleee where is yr Promoting partner in SCIB .. Koni3lurkker aka Balian ( half way changed name to Balian , said if not make 600 % Profit in 12 months , by early 2025 will become a 🐶, why So depressed n desperate Lee …🤣🤣🤣🤔
Haha earlier I thought Jaks will partner with his CGPP local Consortium partners.. but technically 2 of its partners are New in Solar energy… With the China Partner for sure will bid up to Maximum 500 MW …
Haha Palm oil trees 20 years age is considered old trees … need Replanting latest by 25 years age .
TSH : average Trees age 13.4 years … Jtiasa : average Trees age 14.0 years …
👉 see Public Invest Research on TSH article:
👉Jtiasa :
All our palm trees have matured. Out of the Group's total planted area of 69,589 hectares, about 3% of the palms are more than 18 years of age. The average age of palms is 14 years, which is within the prime production bracket.
👉TSH :
PublicInvest ceases coverage on TSH Resource due to slow growth, sluggish FFB yield By Faiqah Kamaruddin May 21, 2024 @ 11:02am
KUALA LUMPUR: Public Investment Bank (PublicInvest) is ceasing its coverage of TSH Resources Bhd due to the company's limited growth prospects and sluggish fresh-fruit bunches (FFB) yield. The firm said it is reallocating its internal sources to other sectors.
Investors should no longer depend on any of our financial forecasts for TSH Resources in making investment decisions, nor infer any adverse opinion as a result of our decision to cease research coverage," said PublicInvest.
In a research note today, PublicInvest said FFB production growth is anticipated to be subdued this year due to the sale of plantation assets in Indonesia and Sabah (13,214 hectares) over the past two years.
"Additionally, the average age of the plantations is increasing (currently 13.4 years old), and FFB yield remains low due to insufficient replanting activities in recent years," PublicInvest said.
👉👉See my posts in TSH ..insiders n related parties keep Disposed shares .
56. Why didn't Jaks consider to get bank loan to subscribe the additional 10 percent of JHDP? Any difficulty to get bank loan? With Jaks low current ratio as mentioned in presentation, shall able to get bank loan.
- We are currently looking at various funding options to exercise the 10% option, including utilising the dividends from the power plant to be re-invested for the 10% option.
👉👉👉- Additionally, banks do not conduct this form of equity financing.
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
Haha sslee knew what is the Interest rate from Singaporean financial institutions ?? and the terms ???
Of coz BOD had made a Best Decision that benefited Jaks …
Haha Repost partially:
> June 2022 : key matters discussed
👉👉👉- Additionally, banks do not conduct this form of equity financing.
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> Posted by Sslee > 13 minutes ago | Report Abuse
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.
Haha Sslee even asked me this Question during my V.P case study in PA … why Labour Expenses is increased during Production Capacity Expansion ??? and don’t know what is Corporate Structure…..🤣🤣🤣👍🤔
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....
Mikecyc
45,138 posts
Posted by Mikecyc > 1 week ago | Report Abuse
Haha how Jaks n the China partner get Financing on the Vietnam Power Plant USD 1.87 Billion.. compare to LSS5 500 MW RM 1.8 Billion…..