Posted by Good123 > 2022-12-20 11:43 | Report Abuse

Cypark Resources Bhd aims to raise up to RM73.36 million via a share placement, mainly for the environmental solutions and renewable energy group’s working capital.

The placement comprises up to 178.94 million new shares, representing up to 30% the group's issued shares, said Cypark in a filing with Bursa Malaysia.

The group said the issue price of the placement shares would be announced later but the illustrative price is 41 sen per share, which represents a discount of 9.29% to the five-day volume weighted average of Cypark shares up to the latest practicable date of 45.2 sen.

Cypark's filing showed that the group aims to raise RM72.43 million in a minimum scenario and RM73.36 million in a maximum scenario.

Of the RM73.36 million gross proceeds in the maximum scenario, RM50 million will be utilised for working capital for the development of the Large Scale Solar 2 (LSS2) floating solar photovoltaic projects at Danau Tok Uban in Kelantan, the group said.

Another RM22.865 million will go towards the working capital for the solid waste modular advanced recovery and treatment waste-to-energy (SMART WTE) plant at Ladang Tanah Merah in Negeri Sembilan, which will provide the group with recurrent income for the sale of renewable energy (RE) electricity to Tenaga Nasional Bhd.

Cypark said the utilisation of the funds would further expand the group’s competitive advantage and increase its foothold as a contributor to government initiatives to increase RE production, as demonstrated by the group’s LSS projects and Malaysia’s first WTE plant.

“It remains the group’s intention to further expand its green technology and RE segment projects, as well as to secure more concessionaire and long-term income generating assets.

“The group remains optimistic to continue to be a major contributor in the industry and will leverage on its experience and expertise in the environmental services and RE sectors, as demonstrated by its solar farms, WTE facility and biogas and biomass technology, to continue to bid for new projects as outlined by the MyRER [Malaysia Renewable Energy Roadmap],” said Cypark.

The proposed placement is expected to be completed in the first quarter of 2023.

Posted by nasgee > 2022-12-20 14:57 | Report Abuse

wahhh anytime flyyy faster...tmmrw will not c this pricee...vrommmmm

Posted by Good123 > 2022-12-20 15:03 | Report Abuse

Maybank target price rm1+, 50-60sen, very short term target easy to reach ,:)

Posted by Good123 > 2022-12-20 15:10 | Report Abuse

Si chung dah beli 75mil shares .korang usah takut haha

<%-- for fixing scrollbar--%>
Save Print Back

5184 CYPARK CYPARK RESOURCES BERHAD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : CHUNG CHEE YANG
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia
Address:
-
Descriptions (Class and Nominal Value):
Ordinary Shares
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 15/12/2022
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 14/12/2022 Acquired 700,000 -
Circumstances by reason of which change has occurred:
Acquisition of shares via open market
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 75,000,000 shares (12.7370%)
Total : 75,000,000 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

15/12/2022 07:00 AM


Ref Code: 202212153600332

Posted by Good123 > 2022-12-20 15:12 | Report Abuse

Chung dah ada strategi untuk meningkatkan harga syer supaya mencapai sasaran Maybank iaitu rm1+... Semoga tren harga akan memgikut dnex :)

Posted by sunsetbiz > 2022-12-20 15:18 | Report Abuse

wow look like bagus123 cant find eat in another site and now change site again to create story......:)

Posted by Good123 > 2022-12-21 08:55 | Report Abuse

Chung akan masuk pasaran terbuka sapu syer cypark lagi kot? :)

Posted by Good123 > 2022-12-21 09:00 | Report Abuse

Tambah sampai 20% ekuiti? Masih awal kot? :)

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
CYPARK RESOURCES BERHAD

Particulars of substantial Securities Holder
Name MR CHUNG CHEE YANG
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 14 Dec 2022
700,000
Acquired Direct Interest
Name of registered holder Chung Chee Yang
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of shares via open market
Nature of interest Direct Interest
Direct (units) 75,000,000
Direct (%) 12.737
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 75,000,000
Date of notice 15 Dec 2022
Date notice received by Listed Issuer 15 Dec 2022


Announcement Info
Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 15 Dec 2022
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-15122022-00043

Posted by nasgee > 2022-12-21 09:00 | Report Abuse

LU soon fasterrr vroomm

Posted by Good123 > 2022-12-21 09:03 | Report Abuse

Chung tambah syer sampai 20%, selepas pp baru tinggal 14%>>>> chung dijangka mempelawa konglomerat China untuk ekuiti 30% melalui pp kot? Konglomerat China memang jaguh tenaga hijau sekarang

Sabar ya!!!

Posted by Good123 > 2022-12-21 09:07 | Report Abuse

Bila konglomerat China jaguh tenaga hijau dah dipastikan untuk mengambil 30% ekuiti dalam cypark, rm2 pun boleh jadi , sabar ya

Posted by Good123 > 2022-12-21 09:09 | Report Abuse

Macam geely jadikan proton sebagai basenya untuk penentrate into asean, jadi, konglomerat China tenaga hijau juga boleh buat yang sama melalui cypark dalam pasaran ASEAN

Posted by Good123 > 2022-12-21 09:17 | Report Abuse

Cypark another breakthrough macam proton 9leh geely :)

Posted by Good123 > 2022-12-21 09:17 | Report Abuse

Cypark another breakthrough macam proton 9leh geely :)

Posted by Good123 > 2022-12-21 09:26 | Report Abuse

Without geely Drb hicom 80sen++ proton pun rugi macam mau mati..

Cypark jika bersama jaguh tenaga hijau , sykt china , ia akan terbang .

As of 2022, China has ranked number one for 10 consecutive years in intellectual property competitiveness in offshore wind power and next-generation solar technology. The country has also become the world's largest wind power equipment manufacturing base.15 Nov 2022
https://www.theceomagazine.com › ...
How China is leading the world in clean energy - The CEO Magazine

Posted by Good123 > 2022-12-21 10:00 | Report Abuse

Buat usahasama dengan konglomerat china macam proton... Double in price pun mudah macam drb. 80sen++ kini rm1.5++

Posted by Good123 > 2022-12-21 10:02 | Report Abuse

Upside potential tak terbatas .. downside risk terhad

Posted by Good123 > 2022-12-21 10:03 | Report Abuse

U.S. stocks snap 4-day losing streak despite Bank of Japan policy surprise adding to jitters.

Last Updated: Dec. 20, 2022 at 4:31 p.m. ET

U.S. stocks finished modestly higher on Tuesday, bouncing after a four-session skid, as investors gauged whether the recent losing streak in equities has been overdone. Traders also weighed the potential ripple effects of the Bank of Japan’s surprise announcement to put a higher ceiling on government bond yields.

How stocks traded

The S&P 500 SPX, +0.10% rose 3.96 points, or 0.1%, to finish at 3,821.62.

The Dow Jones Industrial Average DJIA, +0.28% was up 92.20 points, or 0.3%, ending at 32,849.74.

The Nasdaq Composite COMP, -3.73% gained 1.08 points, or nearly flat, to finish at 10,547.11.

Stocks fell for a fourth straight session on Monday. The Nasdaq Composite was down 6.3% over that stretch, and has retreated 32.6% so far this year.

What drove markets

Wall Street ended slightly higher on Tuesday after struggling to avoid a fifth straight losing session, while investors weighed the implications of a surprise monetary policy shift by the Bank of Japan.

The S&P 500 closed the previous day near a six-week low as concerns intensify that central banks’ hiking of borrowing costs to combat inflation will push economies into recession and cause corporate earnings to fall.

The Bank of Japan had been an outlier among major central banks by having maintained rates at the zero lower bound, while others embarked on their biggest tightening cycle in a generation, noted Henry Allen, strategist at Deutsche Bank.

But on Tuesday the BoJ doubled the cap on the country’s 10-year bond TMBMKJP-10Y, 0.417%, from 0.25% to 0.5%, causing the yen to jump more than 3%, while whacking equities in the region and giving U.S. stock investors more to consider. The ICE U.S. Dollar Index DXY, -0.75%, a gauge of the dollar’s strength against a basket of rivals, fell by 0.7% to 103.97.

The BoJ kept its short-term interest rate at minus 0.1%, but the raising of the yield at which it will allow bonds to trade was seen as a step toward the ending of its era of ultraloose monetary policy. The Nikkei 225 NIK, -2.46% fell 2.5%.

“That was like the last holdout on global yields and really the last anchoring of global yields. So to see that [cap on its 10-year bond] moves up, even though they [BoJ] are specifically saying this is not a rate hike, they’re trying to improve market functioning,” said Victoria Fernandez, chief market strategist, Crossmark Global Investments, via phone.

The 10-year U.S. Treasury yield TMUBMUSD10Y, 3.688% rose to 3.689% as the equivalent maturity Japanese government bond TMBMKJP-10Y, 0.417% climbed to 0.418%.

Some analysts argued that recent drops in U.S. stocks were starting to go too far.

“I think we’ve been oversold the last couple weeks,” Joe Saluzzi, partner at Themis Trading, said in a phone interview. There’s the macroeconomic pressures weighing on stocks, but Saluzzi said the recent run of heavy selling may also be partly attributable to year-end tax-loss harvesting to reap tax benefits from the year’s losses.

The Bank of Japan announcement may have unsettled some early trading, he said. But ultimately, there’s just one central bank in the mind of U.S. equity investors, Saluzzi noted.

Posted by Good123 > 2022-12-21 11:23 | Report Abuse

Konglomerat china macam geely dalam proton, mempercepatkan segalanya.. ramai pakar dihantar dan ditempatkan dalam proton dari geely.

Cypark tak akan ada isu projek lambat kerana pakar dari luar negara tak boleh tiba sebab kovid haha

Posted by fankim > 2022-12-21 12:23 | Report Abuse

Insider
DATUK ABDUL MALEK BIN ABDUL AZIZ (a company director) disposed 50,000 shares at 0.380 on 15-Dec-2022.
- :(

Posted by nightmare007 > 2022-12-21 12:29 | Report Abuse

Good123 analysis record

Mlab - Gagal
Pasukgb - Gagal
kini cypark pula?

Posted by fankim > 2022-12-21 12:31 | Report Abuse

RE Cypark wins roadworks contract worth RM74.3mil - Cypark Resources Berhad - Mutual Termination of Letter of Award for the Proposed Construction and Completion of Road Upgrading and Associated Works along Jalan Dutamas 2, Mukim Batu, Bandaraya Kuala Lumpur, Wilayah Persekutuan
- https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3294202

:(

Posted by norzam6020 > 2022-12-21 17:03 | Report Abuse

But why shares keep coming down now.

Posted by nasgee > 2022-12-22 08:48 | Report Abuse

2day vroommm...

Posted by Good123 > 2022-12-22 09:17 | Report Abuse

Pemegang syer terbesar dengan 30% ekuiti nanti akan membawa masuk banyak kepakaran, Teknologi, dll macam proton diubah oleh geely

Posted by Good123 > 2022-12-22 09:19 | Report Abuse

Ongoing talk, siapa yg akan dapat 30% drp cypark nanti

Suspend betul

Posted by Good123 > 2022-12-22 09:21 | Report Abuse

Nta rm2.13, cypark tak pernah rugi.. dengan pemegang syer terbesar yg berwibawa, keuntungan pasti naik kelak

Posted by Good123 > 2022-12-22 09:22 | Report Abuse

Chung tak bodoh. Sapu 75juta syer dari pasaran terbuka:)

Posted by Good123 > 2022-12-22 09:23 | Report Abuse

Chung akan bawa masuk strategic partner, dia pun boleh bersaralah:)

Posted by Good123 > 2022-12-22 09:24 | Report Abuse

Peranan chung macam financial engineer, tweak sedikit dah boleh terbang :)
Proton satu contoh yg baik, bukan?

Posted by Good123 > 2022-12-22 09:25 | Report Abuse

Bila harga syer cypark naik macam dnex , semua akan jump in. Sabar ya

Posted by Good123 > 2022-12-22 09:29 | Report Abuse

Yang untung 1/2-1sen mau cabut, biarkan je :)

Posted by Good123 > 2022-12-22 09:35 | Report Abuse

Pasaran saham kembali panas :)

14, December 2022, Wednesday

USA
U.S. stocks rose on Tuesday after a unexpectedly small consumer price increase buoyed optimism that the Federal Reserve could soon dial back its inflation-taming interest rate hikes, but concerns remained the central back could stay aggressive.

EUR
European markets rallied Tuesday as U.S. inflation figures came in lower than forecast.

ASIA
Asia-Pacific markets traded higher on Wednesday, after stocks on Wall Street saw a second day of gains on an inflation print that came in cooler than expected.

MALAYSIA
Bursa Malaysia opened slightly higher on Wednesday (Dec 14), mirroring gains on Wall Street overnight, driven by the encouraging US inflation data amid lingering cautious sentiments.

GOLD
Gold rose over 1% on Tuesday to its highest in more than five months after a smaller-than-expected rise in U.S. consumer prices buoyed bets for a slowdown in rate hikes from the Federal Reserve.

OIL
Oil settled over $80 a barrel on Tuesday and recorded its biggest daily gains in over a month, as investors bought up risk assets after U.S. data pointed to slowing inflation.

KLCI: 1,470.12 (-4.26) (-0.29%)

DJIA: 34,108.64 (+103.60) (+0.30%)
S&P 500: 4,019.65 (+29.09) (+0.73%)
NASDAQ: 11,256.81 (+113.08) (+1.01%)

FTSE: 7,502.89 (+56.92) (+0.76%)

NIKKEI: 26,954.85 (+112.52) (+0.40%)

HSI: 19,596.20 (+132.57) (+0.68%)
HSCEI: 6,654.85 (+26.55) (+0.40%)

SHANGHAI: 3,176.33 (-2.72) (-0.09%)
SHENZHEN: 2,050.37 (-11.50) (-0.56%)

Gold: 1,821.60

Crude Oil: 80.39

USD/MYR: 4.4038

Posted by Good123 > 2022-12-22 09:37 | Report Abuse

Big jump nanti bila pembeli 30% pp diumumkan

Posted by Good123 > 2022-12-22 09:38 | Report Abuse

30% pp goes to tnb, ytlpower ataupun konglomerat tenaga asing

Sabar ya

Posted by Good123 > 2022-12-22 09:39 | Report Abuse

Zaman ni, Collaboration penting, kalau degil, proton dah lama tutup kedai haha

Posted by Good123 > 2022-12-22 09:55 | Report Abuse

KUALA LUMPUR: The positive sentiment on Wall Street spilled over to regional markets as a survey of consumer confidence showed inflation worries had begun to subside.

The measure of how US consumer felts about the economy rose to its highest level in eight months, indicating consumer believe price pressures will continue to dissipate.

Meanwhile, upbeat earnings results from Nike and FedEx gave US investors the opportunity to rally from an oversold position, giving the major US indices a second straight day of gains.

At 9.05am, the FBM KLCI weas marginally higher at 1,462.6. The overall market however was more noticeably positive with 192 gainers compared with 87 decliners.

Trading volume was 200.99 million shares valued at RM52.24mil.

Amid the pick-up in sentiment, Malacca Securities Research said the technology sector could stage a rebound following a strong surge on Nasdaq overnight.

"Besides, we expect buying interest to emerge on the oil & gas sector amid firmer Brent oil price.

"Investors may also focus on the construction and building material sectors as the ECRL project will continue at a lower cost," it added in its market review.

On the blue-chip index, PETRONAS Chemicals was up seven sen to RM8.15, PETRONAS Gas gained 20 sen to RM16.50 and Press Metal rose six sen to RM4.56 as commodities plays rebounded from a recent sell-off.

Telcos however remained in the red as Axiata slipped 22 sen to RM17.16 and Maxis fell two sen to RM3.76.

Top traded stocks on Bursa included Serba Dinamik up 0.5 sen to 1.5 sen, Reneuco gaining 6.5 sen to 32 sen and XOX flat at two sen.

Posted by Good123 > 2022-12-22 10:10 | Report Abuse

Harga pp 30% bergantung kpd harga pasaran, lagi tinggi harga syer, lagi banyak wang masuk cypark

Posted by Good123 > 2022-12-22 10:11 | Report Abuse

Demi kebaikan existing shareholders, harga syer cypark yg lebih tinggi adalah baik sebelum penentuan harga pp 30%

Posted by Good123 > 2022-12-22 10:16 | Report Abuse

Kini tiada shortselling, dah terbalik, longbuying hahaha

Posted by Good123 > 2022-12-22 10:24 | Report Abuse

Sesiapa berani shortsell kini, boleh muflis :)

Posted by Good123 > 2022-12-22 10:26 | Report Abuse

Lembaga pengarah cypark tak bodoh macam khinzir, dah pasti memilih strategic partner yg terhandal dari segi Goodwill, Teknologi dan kaya tunai macam geely upamanya

Posted by Good123 > 2022-12-22 10:28 | Report Abuse

Chung dengan 75juta syer cypark, dah bersedia untuk membunuh semua shortseller jika berulang lagi :)

Posted by Good123 > 2022-12-22 10:37 | Report Abuse

Audit committee dan independent directors perlu menilai strategic partner pp 30% walaupun tanpa tender hahaha

Posted by Good123 > 2022-12-22 10:38 | Report Abuse

The MACC Act is designed to promote the integrity and accountability of public and private sector administration through education on corruption, and enforcement by an independent and accountable anti-corruption body i.e. the Malaysian Anti-Corruption Commission (MACC).6 Jan 2022
https://www.shearndelamore.com › ...PDF
Malaysia BRIBERY & CORRUPTION - Shearn Delamore & Co

Posted by Good123 > 2022-12-22 10:40 | Report Abuse

Investment bank is busy getting ready everything for 30% pp

Posted by Good123 > 2022-12-22 10:44 | Report Abuse

Market value=bank value bagi syer cypark oleh Maybank.

Diiktiraf macam syer blue chip :)

Posted by Good123 > 2022-12-22 10:57 | Report Abuse

Tunggu chung sapu lagi syer dari pasaran terbuka sebelum pp30% placed out

Posted by Good123 > 2022-12-22 11:42 | Report Abuse

Often, the financial market will begin to price in an economic recovery well before it hits bottom as investors look to better days ahead.

"For investors who are worried about a recession, it is advisable to get ahead of the trend by buying assets that do well in the early stages of an economic recovery."

He added that this often included value stocks, small-cap stocks and industry sectors like energy, industrials and financials.

Posted by Good123 > 2022-12-22 11:43 | Report Abuse

Although the prospects of a global economic recession are upon us, Malaysia's economy is expected to remain resilient and real gross domestic product is projected to grow between four and 4.5 per cent in 2023," he said.