Posted by koyokui > 2021-12-14 09:11 | Report Abuse

Benalec also syariah compliant now. Expect investment will flow in benalec

Posted by bulltrading > 2021-12-14 09:55 | Report Abuse

https://www.zawya.com/mena/en/business/story/Malaysia_Chinese_firm_sign_deal_on_2ndgeneration_biodiesel_biojet_fuel-TR20211213nL4N2SY1X0X1?utm_source=whatsapp&utm_medium=whatsapp&utm_campaign=site_share

Posted by unclerogerhaiyaah > 2021-12-14 11:24 | Report Abuse

Malaysia venturing into second-generation biodiesel, biojet fuel production, says Zuraida

KAJANG (Dec 13): Malaysia has ventured into the production of second-generation biodiesel and biojet fuels, which are expected to be commercialised for the global market in the next four to five years, according to Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.

She said this significant milestone was achieved following the signing of a memorandum of understanding (MoU) on the technical exchange on the production of second-generation biodiesel and biojet fuels in Malaysia on Monday (Dec 13).

The MoU, entered into by the Malaysian Palm Oil Board, Pengerang Maritime Industries Sdn Bhd, Shanxi Construction Investment Group Co Ltd, and the Institute of Coal Chemistry, Chinese Academy of Sciences will see the setting up of a hydrogenated vegetable oil (HVO) plant in Pengerang, she said.

The HVO plant has the potential to produce sustainable aviation fuels (SAFs) known as biojet fuels, which involve the cracking and hydrogenation of palm oil to become a hydrocarbon fuel that can be utilised for the aviation industry.

Approximately RM3 billion investment is needed for the construction of the plant, including land acquisition and infrastructure, Zuraida said, citing the first phase of the plant would have 500,000-tonne-capacity production per annum.

“This collaboration on the HVO plant in Malaysia will further promote economic growth. I firmly believe that this project will add more value to Malaysian palm oil products by strengthening trade exchange of high-value-added products,” she told a press conference after the MoU signing ceremony here.

https://www.theedgemarkets.com/article/malaysia-venturing-secondgeneration-biodiesel-biojet-fuel-production-says-zuraida

Posted by unclerogerhaiyaah > 2021-12-14 11:24 | Report Abuse

many news today on benalec

Posted by unclerogerhaiyaah > 2021-12-14 11:51 | Report Abuse

i heard the land area under this MOU is 460 acre. the news said rm3 bil investment for the construction of the plant. anyone know the land price?!

Posted by unclerogerhaiyaah > 2021-12-14 12:32 | Report Abuse

https://www.freemalaysiatoday.com/category/business/2021/12/13/malaysia-moving-into-2nd-generation-biojet-fuel-production/

https://www.malaymail.com/news/malaysia/2021/12/13/zuraida-malaysia-has-started-production-of-second-generation-biodiesel-bioj/2028047

https://www.nst.com.my/business/2021/12/753889/mpob-chinese-partners-produce-biodiesel-and-biojet-fuel-malaysia

https://www.bernama.com/en/news.php?id=2033096

Posted by ahchong820 > 2021-12-15 11:02 | Report Abuse

the press conference quoted BENALEC sold the Pengernag land 460 ac for RM1.2 bil for biofuel and biojet plant. Mega project :) :)

Posted by samsoo > 2021-12-15 11:11 | Report Abuse

The 460ac land will be ready in 6 months after feasi study done. Then the construction of plant will start. This is huge catalyst for Johor government.

Posted by samsoo > 2021-12-15 11:40 | Report Abuse

First biodiesel plant in Malaysia, produce 2nd generation biodiesel, better than the 1st gen biodiesel. 500,000 ton production per annum. Total investment RM3,000,000,000 from china man.

https://www.theedgemarkets.com/article/malaysia-venturing-secondgeneration-biodiesel-biojet-fuel-production-says-zuraida

Posted by ahchong820 > 2021-12-15 12:06 | Report Abuse

macam betul leh, this time tie with china man gov. if xjadi later mr Xi JP not happi how? hahaha

Posted by samsoo > 2021-12-15 12:21 | Report Abuse

Minister Zuraida seem very interested n giving lots of support. She say this project will do better than Neste in Singapore o

Posted by ykloh > 2021-12-15 12:26 | Report Abuse

Benalec is not giving much detail on its participation in the HVO.
How will Benalec participate in this venture and how will it fund the investment? Or is Benalec just a land seller?
The value of the land estimated at RM1.2bn is almost 10 times of Benalec's market cap. The deal should substantially change its profile but it is not saying anything and market is not excited.
Its time Bursa raise a query.

Posted by ahchong820 > 2021-12-15 12:48 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218368
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218369

3.5 Benalec shall participate in any discussion and/or site visits required for the feasibility and
technical evaluation.
3.6 MPOB will provide technical advices on technology, selection of raw materials, and technical
information on palm oil and its related products for the purpose of conducting technical
evaluation and feasibility study of the Project.
3.7 SCIG will organize with the relevant agencies and stakeholders in Malaysia and China to
complete the project feasibility study report and project plan design.
3.8 ICC will select the raw material path with best production technology and the best economic
benefits.

Posted by kelvin80 > 2021-12-15 14:31 | Report Abuse

new year new hope?? Benalec's pengerang project (PMIP) is surrounded by so many daiko like Rapid, Dialog, hopefully this time they can be one of the daiko in pengerang also.. $$$ maybe this time Benalec can be santa clause bringing some fruits for this Xmas!!

Posted by kelvin80 > 2021-12-15 14:33 | Report Abuse

https://malaysiagazette.com/2021/12/13/malaysia-bakal-komersialkan-bahan-api-biojet/

Posted by kelvin80 > 2021-12-15 15:30 | Report Abuse

https://www.nst.com.my/business/2021/12/753889/mpob-chinese-partners-produce-biodiesel-and-biojet-fuel-malaysia

the ministry said the collaboration can be a catalyst for china's acceptance of the Malaysian Sustainable Palm Oil (MSPO) certified palm products as feedstock for biodiesel production which will enhance MSPO recognition in the global market..

Posted by awesome20 > 2021-12-15 15:41 | Report Abuse

yummy

Posted by koyokui > 2021-12-16 09:08 | Report Abuse

Buy buy still in trend

Posted by unclerogerhaiyaah > 2021-12-16 10:29 | Report Abuse

Sources quoted that Shanxi will be the substantial shareholder & jointly develop the whole 1750 acres Pengerang land! what a very good news!!

Posted by unclerogerhaiyaah > 2021-12-16 10:31 | Report Abuse

Shanxi will build Green diesel refineries & bring their china downstream oil&gas companies here

Posted by kelvin80 > 2021-12-16 11:59 | Report Abuse

the Leaw brothers dispute settled, Leaw Ah Chye sold all his shares, hopefully the new management can work hard to spin off BENALEC..

Posted by kelvin80 > 2021-12-16 12:00 | Report Abuse

Hopefully with the Shanxi land sale of 460 acres that worth RM1.2B can get good profit and good dividend very soon.. good CNY angpow for everyone

Posted by kelvin80 > 2021-12-16 12:11 | Report Abuse

Just saw it from one of the news that this development project is expected to bring FDI RM3B with job creation of minimum of 3000 workers for Malaysia.. Wooowww~ megaaaa

Posted by Karlos > 2021-12-16 14:35 | Report Abuse

29,800,000 new shares issued at 11.3 sen via PP to be quoted from tomorrow !

Posted by ykloh > 2021-12-16 18:54 | Report Abuse

Existing s/holders are shortchanged when PP is placed below market price. The Co should be required to name the PP recipients to prevent manipulation by those in control.

Posted by Karlos > 2021-12-16 20:33 | Report Abuse

I fully agree with you on this issue @ykloh. Some companies abuse this method of issuing new discounted shares and to make matter worse, the regulator now allow companies to issue up to 20% via PP.
PP is always done with no transparency and we never know who are the subscribers and how they were selected, Existing shareholders should be given the first right of refusal for these new issues but instead they were completely kept in the dark.
New discounted shares issued via PP will definitely have negative impacts on existing shareholders.

Posted by beginner > 2021-12-16 23:03 | Report Abuse

Is pp done after tomorrow?

Posted by Karlos > 2021-12-17 09:01 | Report Abuse

The new shares issued at 11.3 sen via PP will be traded from today.
Imagine some one sold earlier at say 15 sen and then cover back the sold share via PP subscription at only 11.3 sen, you can made a profit of 32.7% with no risk and within a very short time! Very smart move!

Posted by bulltrading > 2021-12-17 17:42 | Report Abuse

20% Private placement all done & listed. Very fast.

Posted by Icon 888 > 2021-12-20 00:34 | Report Abuse

Macam mau goreng wor… buy n keep

Posted by ykloh > 2021-12-20 10:53 | Report Abuse

Any move to monetize the land reclaimed is welcomed as it is long overdue.

Posted by davidkkw79 > 2021-12-20 19:49 | Report Abuse

Can trust the MOU with China company?

Posted by samsoo > 2021-12-21 14:20 | Report Abuse

https://www.argusmedia.com/en/news/2283790-malaysia-shanxi-construction-sign-deal-on-hvo-saf

even reported by UK media

Posted by stockraider > 2021-12-22 09:44 | Report Abuse

Kon mah!

Dead duck loh!

Avoid lah!

Posted by Karlos > 2021-12-22 16:58 | Report Abuse

Huge amount of dilutive PP shares issued very recently at cheap prices!

Posted by Karlos > 2021-12-24 10:03 | Report Abuse

The most recent one were issued at on 11.3 sen only!

Posted by Sansing > 2021-12-26 10:03 | Report Abuse

Löst money company , no dividend , no bonus, better buy Supermx

Posted by koyokui > 2022-01-10 08:45 | Report Abuse

Buy time to buy benalec. Market expected to up

Posted by happyvincent > 2022-01-10 10:04 | Report Abuse

Benalec Holding Directors’ Remuneration.
The number of Directors (including a resigned Director) whose total remuneration falls within the following bands is as follows:-

No. of Directors - 6
RM50,001 to RM150,000 - 2 Independent Non-Executive Directors
RM150,001 to RM300,000 - 2 Independent Non-Executive Directors
RM300,001 to RM800,000 - 1 Executive Director
RM8,000,001 to RM9,000,000 - 1 Company Group Executive Director
Total Remuneration RM9,923,062

The Board is of the view that the transparency and accountability aspects of the MCCG 2017 as applicable to Directors’ remuneration are appropriately served by the “band disclosure” in accordance with the MMLR.

Posted by koyokui > 2022-01-10 11:06 | Report Abuse

Buy all penny stock up

Posted by bulltrading > 2022-01-11 13:19 | Report Abuse

Directors' remuneration very very old story....

Posted by bulltrading > 2022-01-11 13:20 | Report Abuse

Don't need repeat n repeat again.

Posted by Youngkid > 2022-01-14 09:24 | Report Abuse

Ayoyo ,Director not only earn big salary but also make big money by selling shares

Posted by koyokui > 2022-02-08 10:08 | Report Abuse

Time to buy back benalec. Tecnical rebound coming

Posted by koyokui > 2022-02-09 09:33 | Report Abuse

Up 17 point buy buy

Posted by thesteward > 2022-02-13 15:19 | Report Abuse

https://en.benalec.com.my/2020/09/16/new-land-for-new-oil-terminals/

Posted by thesteward > 2022-02-13 15:19 | Report Abuse

Oil related ?

Posted by koyokui > 2022-02-17 10:36 | Report Abuse

Time to buy back benalec. Buy buy

Posted by davidkkw79 > 2022-03-12 22:30 | Report Abuse

【柔佛州选】国阵44席遥遥领先

在柔佛州选56个州议席中，国阵以狂风扫落之势，暂时在44个州席遥遥领先，有望以超过三分之二的多数议席优势单独执政柔州！

https://www.enanyang.my/node/464783

Posted by koyokui > 2022-03-22 08:45 | Report Abuse

Buy benalec malacca underwater tunnel project