Posted by nicholas99 > 2023-04-05 09:48 | Report Abuse

come on.. cypark.. solar energy.. slvest and samaiden also PE30.. sunview PE40
you only PE17

Posted by nicholas99 > 2023-04-05 10:00 | Report Abuse

At present, Cypark operates, owns, and/or manages approximately 96 MWp of RE assets. By FYE 2022, with the targeted completion of 172 MWp LSS3 project in Terengganu, 147 MWp LSS2 project in Kedah and Kelantan and the 20 MW SMART WTE Plant in Negeri Sembilan in 2022 together with other RE assets under our stable, Cypark will increase its operation of RE asset capacity to about 400 MW, strengthening Cypark’s position as the RE market leader in Malaysia. Subsequent to FYE 2021, the 49 MW LSS2 project in Sik, Kedah had successfully achieved COD on 1 January 2022. With the impending completion of the LSS2 and LSS3 projects, RE will remain as the major contributor to Cypark’s revenue and profit in year 2022. Cypark also looks into ways to expand its reach in RE, both locally and internationally, through collaboration with renowned leaders in their respective fields. To this end, we have entered into a Memorandum of Understanding (“MOU”) with Huawei Technologies (Malaysia) Sdn Bhd (Huawei) on 3 December 2021 to collaborate for the purposes of a long-term cooperation for a total of 500 MW RE projects located in and outside Malaysia. In this arrangement, Huawei will act as the technology enabler and it will undertake to provide the technical and after-sales support for all products and solutions. Meanwhile, Cypark would be the user and installer of the said products and solutions, subject to agreement of both parties and the terms and conditions of the collaboration. The MOU is in effect from the date of signing and will remain effective for a period of two (2) years until the execution of the set of definitive agreements between the parties or such other period as may be mutually agreed upon in writing. In line with Malaysia’s goal of becoming a carbon neutral nation by 2050, Huawei will leverage on its extensive experience in power electronics and energy storage, as well as on its technical expertise to provide a digital powered solution for different industries, including RE. This MOU not only signifies Cypark’s intention to grow beyond local shores, but it also proves Cypark’s desire to have innovation and digitalisation embedded into its RE project offerings. In addition to this partnership, together with Cypark’s proven competitive advantage and project delivery track record, Cypark is optimistic on its chances to secure oversea contracts in the near future. In addition, the Ministry of Energy and Natural Resources (“KETSA”) had taken the initiative to announce on 22 October 2021 that the Government will be releasing an additional quota of 300 MW of solar energy under the NEM 3.0 programme. Such additional quota which was released on 15 November 2021 is expected to open up more opportunities for the Company to offer rooftop solar solutions to non-domestic consumers in the commercial, industrial, mining and agriculture industries.

Posted by nicholas99 > 2023-04-05 10:02 | Report Abuse

Construction & Engineering-
With progressive lifting of Movement Control Order (“MCO”) in 2021, albeit a contraction in the construction sector generally, the decline has been cushioned by a rebound in the specialised construction activities subsector. The prospect for the construction sector nationwide in 2022 is forecast to achieve double digit growth driven by higher productivity and margins. The civil engineering subsector will continue to be the main driver of the construction sector. Cypark continues to intensify its efforts and resources to secure more projects in construction of infrastructure, landscaping, residential and commercial buildings withs its proven experience and credibility.

Green Technology & Environmental Services-
Cypark’s biogas and biomass plant in Kg Gajah which utilises by-products from the Palm Oil Industry, mainly the Palm Oil Mill Effluent (“POME”) and Biomass Engineered Fuel (“BEF”) has just begun generating income and expected to contribute significantly to the segment from FYE 2022 onwards. This plant is also considered as one of its kind in the palm oil industry where it integrates the usage of biogas and biomass that led to the company being awarded in the National Energy Awards (“NEA”) 2021 and simultaneously contributes to the country’s aspiration in reducing carbon emission arising from agriculture sector. Looking ahead, Cypark has plans to incorporate solar system into the plant in year 2022 under the NEM initiative. The holistic approach innovated by Cypark will make both the products sold (biomass solid fuel and biogas from palm oil waste) and the production process using solar energy to be environmentally sustainable, hence promoting a true circular economy.

Waste Management & Waste-to-Energy (“WTE”) -
The SMART WTE project in Ladang Tanah Merah, Negeri Sembilan is also expected to reach its completion and operation stage in 2022. This will elevate Cypark to another stage of its competitiveness as it will be the first and distinctive such plant in Malaysia. This integration of advance waste treatment and recovery facilities together with WTE plant is the first of its kind in this region and it is expected to contribute circa RM80 million per annum in revenue. Cypark has participated in two WTE tenders in Johor and Malacca in collaboration with Johor and Malacca state owned companies. The two WTE tenders are part of the five WTE tenders that were announced by KPKT under its national WTE implementation plan. With the track record in designing, constructing, owning, and operating the country’s first WTE plant, Cypark stands a good chance to win more WTE projects in the future. Cypark expects future WTE plant capacity to be between 15MW and 25MW with an expected investment value of above RM500 million each.

Posted by yong1985cm > 2023-04-05 10:37 | Report Abuse

a lot of thing written in the QR is not correct, the MOU with Hua Wei ady lapsed. pity cypark does not have good accountant to do QR for them, i saw they got vacancy on finnace manager over jobstreet.

Posted by nicholas99 > 2023-04-05 10:39 | Report Abuse

To this end, we have entered into a Memorandum of Understanding (“MOU”) with Huawei Technologies (Malaysia) Sdn Bhd (Huawei) on 3 December 2021 to collaborate for the purposes of a long-term cooperation for a total of 500 MW RE projects located in and outside Malaysia. In this arrangement, Huawei will act as the technology enabler and it will undertake to provide the technical and after-sales support for all products and solutions. Meanwhile, Cypark would be the user and installer of the said products and solutions, subject to agreement of both parties and the terms and conditions of the collaboration. The MOU is in effect from the date of signing and will remain effective for a period of two (2) years until the execution of the set of definitive agreements between the parties or such other period as may be mutually agreed upon in writing.

2 years.. maybe end of 2023 only lapse..

Posted by nicholas99 > 2023-04-05 10:42 | Report Abuse

Further to the Company's announcement made on 30 September 2022, the Board of Directors of CRB wishes to inform that the status of the MOU remains unchanged. Unless otherwise stated, defined terms in this announcement shall carry the same meaning as defined in the previous announcements. This announcement is dated 30 December 2022.

Posted by nicholas99 > 2023-04-05 11:00 | Report Abuse

wait huawei stand together with cypark behind PM.

Posted by nicholas99 > 2023-04-05 11:01 | Report Abuse

这14份谅解备忘录涉及铁路、港口、房地产、钢铁制造、金融、太阳能电池、燕窝、电子商务、医药、信息技术等多个领域。

Posted by nicholas99 > 2023-04-05 11:02 | Report Abuse

华为分红逾448亿 持股员工人均拿到35万

Posted by nicholas99 > 2023-04-05 11:03 | Report Abuse

3月31日，华为发布2022年年度报告，报告显示，华为整体经营平稳，实现全球销售收入6423亿人民币，净利润356亿人民币。

面向未来，华为持续加大研发投入，2022年研发投入达到1615亿人民币，占全年收入的25.1%，十年累计投入的研发费用超过9773亿人民币。356亿净利润，719.55亿元分红，即使利润全部分掉，也是不够的，必须动用资产的出售收益。

Posted by JovaneChua > 2023-04-05 11:03 | Report Abuse

Insya-Allah

Posted by nicholas99 > 2023-04-05 11:05 | Report Abuse

Apa la.. cepat draft plan dan terbang pergi china jump huawei boss.

Posted by JovaneChua > 2023-04-05 11:07 | Report Abuse

Renewable energy is the future and it will break .86 today.

Posted by nicholas99 > 2023-04-05 11:08 | Report Abuse

yeah.. arab will cut production and make oil price high... now all EV car.. Battery Storage. Electric Storage.. etc.. Petrol station will be replace by Electric station.

Posted by nicholas99 > 2023-04-05 11:09 | Report Abuse

renewable energy is the right industry for future.

Posted by nicholas99 > 2023-04-05 11:14 | Report Abuse

no need oil refinery and transport etc.. sorry hengyuan petronm

Posted by JovaneChua > 2023-04-05 11:47 | Report Abuse

always an afternoon game

Posted by XenDee > 2023-04-05 12:00 | Report Abuse

just 1 day show

Posted by star168 > 2023-04-05 12:49 | Report Abuse

if cant break resistance, then it will dangerous ..will drop further..

Posted by Abba84 > 2023-04-05 13:08 | Report Abuse

Tch1186..stil holds?

Posted by TCH1186 > 2023-04-05 16:17 | Report Abuse

ya still hold. chill. 0.81/0.786

Posted by nicholas99 > 2023-04-05 16:17 | Report Abuse

Once commissioned, the integrated WTE plant is expected to contribute up to RM80 million a year in revenue

Posted by nicholas99 > 2023-04-05 16:17 | Report Abuse

one quarter should contribute 20mil..

Posted by nicholas99 > 2023-04-05 16:20 | Report Abuse

Johor plans to build smart WTE plant to address solid waste issue
https://www.thesundaily.my/local/johor-plans-to-build-smart-wte-plant-to-address-solid-waste-issue-BN8593726

Posted by nicholas99 > 2023-04-05 16:27 | Report Abuse

Cypark partners Johor state for waste-to-energy project
https://www.theedgemarkets.com/article/cypark-partners-johor-state-wastetoenergy-project

Posted by nicholas99 > 2023-04-05 16:35 | Report Abuse

“Our subsidiary, PDT, is expected to have a stake in this investment, for which we are going to model it on the country’s first Smart WTE plant in Ladang Tanah Merah (Negeri Sembilan), which is run by Cypark Resources Bhd,“ he said at the Johor Legislative Assembly sitting here, today.

Ayub said Cypark Resources is one of the main suppliers of green energy in the country and is also listed on Bursa Malaysia.

He said the plant could produce 20 to 25 megawatts of energy per hour, which requires 1,000 tonnes of waste, and has the capacity to produce 480 to 600 megawatt

Posted by yong1985cm > 2023-04-05 17:29 | Report Abuse

dun spam all the old news. this cypark got a lot initiative here and there, but seldom realised. if u follow him long enough, u will know. i have follow him since IPO.

Posted by Abba84 > 2023-04-06 06:46 | Report Abuse

Cypark green energy ambitions cud place them in strong footprint as several projects aredy underway.
Greener sud be in all investors mind
as we grapple wth.climate change .

Posted by yong1985cm > 2023-04-06 11:57 | Report Abuse

go and study how the LSS2 contract work before you talk about its potential/impact to financial. there is no revenue can be recognised even these project COD, only interest income, and slight O&M. my god, dun dream they will be recurring income generated from the sales of electricty. they are not the owner for LSS2.

Posted by nicholas99 > 2023-04-06 12:02 | Report Abuse

yes.. all the solar and WTE is solid revenue for years... 10-16 years.
ask yourself. do you think electric price will go down?

Posted by newtrader1989 > 2023-04-06 12:49 | Report Abuse

Lolz who got trapped yesterday above 85c?

Posted by Otapahbinabu > 2023-04-06 13:00 | Report Abuse

flush!!!

Posted by newtrader1989 > 2023-04-06 15:18 | Report Abuse

Will soon reach the public bank tp of 63c

Posted by XenDee > 2023-04-06 15:35 | Report Abuse

runn

Posted by nicholas99 > 2023-04-06 16:24 | Report Abuse

政府或再调涨电费 高用电家庭首当其冲
scare what? revenue by TNB is confirmed.

Posted by nicholas99 > 2023-04-06 16:35 | Report Abuse

don't tell me you don't use electric and water

Posted by TCH1186 > 2023-04-06 16:57 | Report Abuse

if you think bursa is skim cepat kaya, you may run... good stock require a golden hand... while speculation stock require a fast hand... hahahaha

Posted by star168 > 2023-04-06 20:19 | Report Abuse

treasury share resale...who buying ??

Posted by newtrader1989 > 2023-04-06 20:39 | Report Abuse

No money have to sell treasury shares to fund for capital

Posted by nicholas99 > 2023-04-07 09:16 | Report Abuse

lai liao lai liao.

Posted by star168 > 2023-04-07 12:30 | Report Abuse

kelvin what you say exactly make sense, but still lack of confident with cypark management...hmmm...only know rewards themself

Posted by DickyMe > 2023-04-09 09:10 | Report Abuse

Revenue drop 50% compared to last year's first quarter?
Still clinging for hope?

Posted by ID007 > 2023-04-11 09:37 | Report Abuse

mari jor

Posted by wakarimas > 2023-04-11 14:36 | Report Abuse

apasal goreng?

Posted by wakarimas > 2023-04-11 14:48 | Report Abuse

fly already

Posted by nicholas99 > 2023-04-11 14:48 | Report Abuse

feeling rm1 is near

Posted by nicholas99 > 2023-04-11 14:48 | Report Abuse

PE so low.clean energy. still no goreng meh?

Posted by kit98333 > 2023-04-11 14:51 | Report Abuse

keep pp how buy this type company haha, same as buy 1 cup milo give you half spoon powder and full of water. dilute gao gao

Posted by ckwee168 > 2023-04-11 15:10 | Report Abuse

Management can't "hide" the amortization of its huge intangible capital cost of its WTE @ RM1.049 billion forever ... RM1.049 billion divide by PPA of 16 years = RM65 mil. per year ... good luck, guys!

Posted by newtrader1989 > 2023-04-11 15:41 | Report Abuse

Oh my gosh what a trap