- 20th July 2017 : Kerjaya Prospek Properties awarded RM 64.2mil project for 14 mon ths -23rdMay 2017 :TSM Towers awarded RM 77mil project for 15 months - May 2017 : BCB Bhd awarded RM 207 mil project for 28 months - March 31 2017 : STP 1 Project, Penang, value at RM 31.6mil for 18 months - Sept 5 2016 : Ecoworld Eco Terraces, Penang , value at RM 146.7 mil for 2.5 years - July 27 2016 : Nusametro. Persiaran Dutamas, value at RM 338.8 mil for 38 months -July 19 2016 :Yong Tai Apple 99 Project @ Melaka, value at RM 213.75mil for 27 months -May 31 2016 : Eco Sanctuary Project , value at RM 172.4 mil for 25 months -May 19 2016 : BCB Bhd Johor, Elysia Park Residence, value at RM 312.85 mil for 36 months -Mar 3 2016 : CCCC award of STP2, Penang Project, value at RM 181.3 mil for 24 months - March 3 2016 : Kerjaya Prospek Vista Residences @ Genting Highlands, value at RM 102.45mil for 24 months
It is currently having a total outstanding order book of RM 2.7 billion which will keep Kerjaya busy for the next 2.5 - 3 years
The Board of Directors of Kerjaya Prospek Group Berhad ("Company") is pleased to announce that its 70%-owned subsidiary company, Future Rock Sdn. Bhd. ("FRSB"), has on 1 August 2017 accepted a letter of award ("LA") from China Communications Construction Company (M) Sdn Bhd ("CCC") on the appointment of FRSB as a subcontractor for the project known as "Perimeter Bund (CH100 to CH1150) for Phase 2B of the Seri Tanjung Pinang Phase 2 Project" at the total contract sum of Ringgit Malaysia Forty-Five Million Nine Hundred Fifty-Four Thousand One Hundred Fifty-Eight and Cents Twelve Only (RM45,954,158.12) ("Contract").
The construction works to be undertaken by FRSB is expected to commence on 27 July 2017 ("Date of Commencement") and due to be completed on 26 May 2018.
The subcontract shall be executed within 30 calendar days after the execution of this LA.
The Contract will further increase and enhance the existing order book of the Company and its group of companies ("Group").
The Contract will have no effect on the issued share capital of the Company but it is expected to contribute positively to the earnings and net assets per share of the Company and the Group for the financial years ending 2017 to 2018.
None of the directors and/or major shareholders of the Company or persons connected to them have any interest, direct or indirect, in the Contract.
A copy of the press release in relation to the above is attached for information.
From Kenanga Report, "we believe that KERJAYA could possibly undertake a 1-for-1 bonus issuance as the Companies Act 2016 states that the share premium account will no longer be applicable from FY18 onwards and KERJAYA has a high share premium of RM332m vs share capital of 257m (as of 1Q17)."
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....
optimus9199
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