@Upup168, it will more than RM1.00 soon if everything running smooth.
2017-0804 Bursa Annoucement:- The Board of Directors of Fajarbaru Builder Group Bhd ("FBG" or "the Company ") wishes to seek its shareholders’ approval for the proposed provision of financial assistance to 320-Q for a total amount up to RM134,114,000.00.
As highlighted in Section 1 of this announcement, 320-Q intends to undertake the development of the Land, situated within the new luxury apartment project called “PARAGON”, on the iconic Queen Street and La Trobe Street corner, in Melbourne CBD.
The financial effects of the Proposed Provision of Financial Assistance are set out below:- 6.1 Issued and paid-up share capital and substantial shareholders' shareholding. * The Proposed Provision of Financial Assistance will not have any effect on the issued share capital and the shareholdings of the substantial shareholders of FBG.
6.2 Net assets ("NA") and gearing. * The Proposed Provision of Financial Assistance is not expected to have a material effect on the consolidated NA and gearing of FBG for the financial year ending 30 June 2018.
6.3 Earnings and earnings per share ("EPS") * The Proposed Provision of Financial Assistance is not expected to have a material effect on the earnings and EPS of FBG for the financial year ending 30 June 2018.
20-30 of ECRL jobs for local firms [2017-0803]: KUALA LUMPUR: LOCAL contractors may handle at least 20-30 per cent of the civil works for the RM55 billion East Coast Rail Link (ECRL) project through selective bidding process, said analysts.
They named Gamuda Bhd, IJM Corp Bhd, Gabungan AQRS Bhd, WCT Holdings Bhd, WZ Satu Bhd and FAJARBARU BUILDER GROUP BHD as those which could be vying for the subcontracts.
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Upup168
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Posted by Upup168 > 2017-08-04 11:39 | Report Abuse
good company! Stay tune to 1.00