Who is working for the past 49 days. Jus annouce news n expect everything in place..lol. all gomen bodies n miners n china side all slowed down by lockdown. Jus got the po only expect to orrow start mining sand.
As it involves so many parties, even if approval is given later, eventually profit may be minimal. Sub contractors with sand permit will definitely demand a lot
Ya lorr...pahang ..balak pun sudah kurang. State needs income and sand is plentiful from Sungai Pahang. Sultan happy, State happy....permit no problem maa.
No need to worry la, they already mention not their side sourcing the sand but their Partner will do. They do sand business, tak semestinya perlu ada lombong pasir. Check their reply carefully. Supply chain is important, no need to do by themselves.
-To clarify whether Esa Pile (or any other entities within AGES) has sand mining operations and whether there is adequate expertise in this area. If not, whether Esa Pile will be partnering with any third party to deliver the PO, and if yes, what is the profit sharing ratio. -Whether the sands are sourced within Malaysia or outside of Malaysia. If outside Malaysia, to provide clarification on whether the company has obtained the necessary approvals from the relevant authorities (for the period of the PO, i.e. 15 years). -Detailed clarification on the capacity and capability of Esa Pile Sdn Bhd to supply such substantial amount of sand to fulfil the PO. The source of sand to be procured in order to fulfil the PO. -The source of funds to finance the working capital for the supply of sand.
Excuse me.Its just 1 week old for the news.Dun expect 1 week can plan the whole thing.Need 2-3 months.Some-more the details already been send to Bursa include the name involve(for sand export).The person say no application send yet and the statement made by small fries not minister,or even Prime Minister.
-Whether the sands are sourced within Malaysia or outside of Malaysia. If outside Malaysia, to provide clarification on whether the company has obtained the necessary approvals from the relevant authorities (for the period of the PO, i.e. 15 years).
i just follow big funds for my investment...... Big fund flowing in since Till 16/4, and until 8/5, i don't see a massive outflow of big fund happened in this counter.
If u all trust this project can benefit economic of Pahang and Terengganu just buy , if not just stay at home .... hahahahahaha market capital 122m now , valuation still cheap after minus its penang property worth 60m n other assets in hand . New shareholders, new leader ie Datuk liew from Arbb will bring Ages to next level especially old shareholder the founder already dispose all his holding.
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....
freetospeak
5,867 posts
Posted by freetospeak > 2020-05-09 21:41 | Report Abuse
1.they just get po, letter of credit not given yet. so its still early stage to begin in qtr 3.
2. mco already 49 days. the dept is closed for permit n application. Miner also stop work so no application.
3. when the time comes n mco over, i believe they will proceed with the neccesary procdure if po is confirmed.