AGESON BERHAD

KLSE (MYR): AGES (7145)

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Last Price

0.07

Today's Change

-0.01 (12.50%)

Day's Change

0.07 - 0.08

Trading Volume

288,700


34 people like this.

15,190 comment(s). Last comment by N33TCRAZE 6 days ago

secret1q

276 posts

Posted by secret1q > 2020-06-05 15:02 | Report Abuse

Obligations of the Parties
(a)
(b)
AESB shall perform the following obligations:
1) Identify, negotiate and secure sand purchase contracts with overseas buyers;
2) Provide project management services in relation to the JV Project; and
3) Provide any required assistance and relevant expertise to BDSB to ensure smooth implementation and completion of the JV Project;
BDSB shall perform the following obligations:
1) Ensure the validity of the requisite approvals (including all kinds of licenses, permits and consents, not limited to approved permits for sand export, approval for sand extraction at concession site area) from relevant authorities for the supply and delivery of sand in relation to the JV Project;
2) Ensure the validity of the environmental impact assessment report is valid throughout the Joint Venture;
3) Ensure the sand to be supplied meets the requirements and specifications of the overseas buyer;
The Parties agree to use their best endeavour to assist and co-operate with each other to carry out and complete the JV Project in accordance to the laws, procedure and requirements of relevant authorities and will ensure the JV Project is in compliance with relevant laws and regulations of relevant authorities.

Posted by lrtcoolman > 2020-06-05 15:05 | Report Abuse

Who Bought AGES = SYIOK BIBI ...
JOINT VENTURE = VERIFIED
AGES found it SUPPLIER to export SANDS .. the Billions P/O is fulfilling ...

secret1q

276 posts

Posted by secret1q > 2020-06-05 15:07 | Report Abuse

sage8932 ,
hi, KAB & AGES any link?

secret1q

276 posts

Posted by secret1q > 2020-06-05 15:10 | Report Abuse

Pursuant to the JV Agreement, BDSB will ensure the validity of approvals from relevant authorities for AESB to export sand overseas, such as sand export license, approval for sand extraction at concession site area and environmental impact assessment report as well as the approval from Sabah Government to conduct sand dredging activities from the river in Sabah for export to China, Hong Kong, Macau and Taiwan.
As such, the Company would be able to commence its existing projects in sand supply and export in the pipeline.
Premised on the above, the Board is of the view that the JV Agreement is expected to augur well for the Company.

Peace99

2,264 posts

Posted by Peace99 > 2020-06-05 15:20 | Report Abuse

Any guess?

Posted by JessicaSimpsons > 2020-06-05 15:23 | Report Abuse

Boom!

TSFH

1,183 posts

Posted by TSFH > 2020-06-05 15:24 | Report Abuse

good news on pre-project progress. Lets see how market reaction...

Posted by 靓女PHOONPHOON > 2020-06-05 15:30 | Report Abuse

Agree with BabiKing肥猪王, Q and keep on collecting Ageson shares!

GodOfWar

128 posts

Posted by GodOfWar > 2020-06-05 15:32 | Report Abuse

Price below 0.30 buy! No need to say much

EagleEye

499 posts

Posted by EagleEye > 2020-06-05 15:36 | Report Abuse

what's the news for the halt?

nicholas99

9,863 posts

Posted by nicholas99 > 2020-06-05 15:37 | Report Abuse

from 0.06 to 0.19 now. (x3) .. very good chance to go up 0.60. (x3)

Posted by KennyDowJones > 2020-06-05 15:38 | Report Abuse

Thanks for the great info fackface kenie AGES AGESON BERHAD
Date of Change: 02/06/2020
Type of Change: Resignation
Name: FOO CHU JONG
05/06/2020 2:01 PM

Luckily Hutang perkeliling badan FOO sell off and resign! Burden to the new Ageson!

Posted by KennyDowJones > 2020-06-05 15:40 | Report Abuse

Hope after FOO sell off ALL, his mega debt also paid off.....

Posted by chinaapek8888 > 2020-06-05 15:47 | Report Abuse

good news out, price drop? ;(

Tripaka

2,954 posts

Posted by Tripaka > 2020-06-05 15:48 | Report Abuse

No show... Habis.

simon3618

60 posts

Posted by simon3618 > 2020-06-05 15:50 | Report Abuse

sell panic happened

goodiewilly

2,903 posts

Posted by goodiewilly > 2020-06-05 15:55 | Report Abuse

Happy for what? Stupid players..never move

Posted by Josephine Tan Su May > 2020-06-05 15:55 | Report Abuse

Sell Ageson mother share just now, and buy Ageson PA! Happy

EagleEye

499 posts

Posted by EagleEye > 2020-06-05 16:02 | Report Abuse

Forbid of Direct Business Transaction (DBT) Due to Rule 10.10(1)
Please be informed that the following stocks will be forbidden from DBT from 3.30 p.m. to 4.30 p.m. , as per Bursa Trading Rule 10.10(1).

No. Stock Code Stock Name Reason

1 7145 AGES [Requotation]

2 7145PA AGES-PA [Requotation]

The stocks will only be authorized for DBT at 4.30 p.m.
Dealers and remisiers are reminded that the reference price for DBT upon authorization shall be:
1. VWAP from 3.30 p.m. to 4.30 p.m. (traded stocks)
2. Reference price (un-traded stocks)

There is no impact to the normal market trading. Please be guided accordingly.

EagleEye

499 posts

Posted by EagleEye > 2020-06-05 16:03 | Report Abuse

.
4.30 pm only know the real show...

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-06-05 16:04 | Report Abuse

You guys sell mother share how PA can go up. Should dump in more money into mother n son

Posted by chinaapek8888 > 2020-06-05 16:05 | Report Abuse

what is this direct business transaction means?

Posted by Josephine Tan Su May > 2020-06-05 16:06 | Report Abuse

Noted BlackWhite

goodiewilly

2,903 posts

Posted by goodiewilly > 2020-06-05 16:20 | Report Abuse

First time heard DBT, thanks EagleEye

Posted by cklim3232 > 2020-06-05 16:33 | Report Abuse

No News Yet??

goodiewilly

2,903 posts

Posted by goodiewilly > 2020-06-05 16:38 | Report Abuse

EagleEye, you are right ..good

Posted by chinaapek8888 > 2020-06-05 16:43 | Report Abuse

so what is the real show?

EZMONEY13

296 posts

Posted by EZMONEY13 > 2020-06-05 16:44 | Report Abuse

Tiger show delay, next week continue show

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-06-05 16:54 | Report Abuse

If what they say is true means Ageson have secured business and source the supplier then if they work honestly all of us will make money. Honest Work means need time to complete. If it is not honest then all us got conned. But I trusted Dato Foo from sekinchan he worked hard till botak

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-06-05 16:59 | Report Abuse

Up 0.19

Posted by mthhi3investor > 2020-06-05 17:00 | Report Abuse

how come till now still no news about this JointVenture ????

O'Brian

90 posts

Posted by O'Brian > 2020-06-05 18:10 | Report Abuse

Yeah collect and hold....Ageson will fly after business generate income!

Chong1116

208 posts

Posted by Chong1116 > 2020-06-05 18:13 | Report Abuse

Join venture is Ages 70% and other parties Bdsb 30%.

happylucy

198 posts

Posted by happylucy > 2020-06-05 18:32 | Report Abuse

Great info

Posted by teareader818 > 2020-06-05 20:55 | Report Abuse

A lot of hoo haa for nothing. The world is evolving but we are standing still.

EagleEye

499 posts

Posted by EagleEye > 2020-06-05 21:23 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3056390

The Board of Directors of Ageson (“Board”) wishes to announce that Ageson Enterprise Sdn Bhd (formerly known as Esa Pile Sdn Bhd) (“AESB”), a wholly-owned subsidiary of the Company, had on 5 June 2020, entered into a JV Agreement (“JV Agreement”) with Bintang Dayang Sdn Bhd ("BDSB") for sand export business ("JV Project") ("Joint Venture").



The details of the announcement is attached.



This announcement is dated 05 June 2020.

Posted by Louis Vuitton LV > 2020-06-05 22:54 | Report Abuse

Collect more this Tuesday.....

Posted by teareader818 > 2020-06-05 23:44 | Report Abuse

Contract = Money. Show me your money. How to limit up if there's no money on the table?

Atlan

168 posts

Posted by Atlan > 2020-06-06 10:25 | Report Abuse

Buy if you have confidence. For those no confidence, just stay aside n don't advice people to follow.

onionchong

430 posts

Posted by onionchong > 2020-06-06 10:27 | Report Abuse

Lots of potential for this company

Abba84

984 posts

Posted by Abba84 > 2020-06-06 10:54 | Report Abuse

Atlan is very correct..doubters please leave ur doubts t urself

pari57

439 posts

Posted by pari57 > 2020-06-06 12:22 | Report Abuse

Without sand business, company is doing very good... just have a look at Q profit performance.

Posted by teareader818 > 2020-06-06 13:39 | Report Abuse

The sand for GKI is it from Pahang or Sabah, or from both states?

Posted by KennyDowJones > 2020-06-06 14:52 | Report Abuse

Tuesday sapuuuuu

mincai

155 posts

Posted by mincai > 2020-06-06 15:08 | Report Abuse

Atlan,yes

Posted by Louis Vuitton LV > 2020-06-06 15:09 | Report Abuse

Yes pari57, without sand business also earn profits. If add on sand business, next QR confirm POWER!

Posted by teareader818 > 2020-06-06 15:36 | Report Abuse

For Ageson to move to the next level, they need THE sand contract.

Posted by Killsthebear > 2020-06-06 23:53 | Report Abuse

Bintang Dayang Sdn Bhd ?

Hahahahaha

RedEagle

3,194 posts

Posted by RedEagle > 2020-06-07 00:10 | Report Abuse

Belum start Korek pasir?

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