KPOWER BERHAD

KLSE (MYR): KPOWER (7130)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.305

Today's Change

-0.01 (3.17%)

Day's Change

0.30 - 0.32

Trading Volume

14,543,600

Changes
Ann. Date Date Type Name Title View
Discussions
5 people like this. Showing 50 of 14,780 comments

nicholas99

PETALING JAYA: A highly-connected group of lobbyists used “every trick in the book” to secure a risk-free solar power contract 2.5 times over the limit for open bidding, according to former energy minister Yeo Bee Yin.


Yeo Bee Yin.
They represented independent power producers with “very high cables” who demanded a direct award for a 250-megawatt large-scale solar project, she writes in her memoir, The Unfinished Business.


“It irked me to have to put on a polite front with people who expected the government to hand them a cash cow instead of putting in an honest day’s work like everyone else,” she said.

Extracts of her book, which will soon be published, were made available to FMT.
-ADVERTISEMENT-




Ads by

In a chapter on power sector reforms, Yeo said the solar projects were part of the energy ministry’s plans to increase the share of renewable energy to 20% by 2025.

“We also set a policy that each company can only bid for 100MW in each round to make the bidding a stepping stone for more local players to grow,” she writes.

“This group demanded a direct award for a project 2.5 times larger than the maximum capacity set for open bidding.”

She said the group refused to be part of an arrangement where companies would build power plants at their own risk and bid to offer power supplies to the national grid at the lowest price at a particular time.


A chapter from Yeo Bee Yin’s memoirs The Unfinished Business.
“Of course, this group adamantly declined to do so. In short, this group wanted a risk-free solar IPP award. They tried every trick in the book to get me to give in, but I just could not bring myself to do it,” she writes in the book.

She said her rejection of the demand for direct contracts led to them painting an anti-business image of herself to their patron.

She said the lobbyist group turned down subsequent offers of other means to take part in the renewable energy plan.

Yeo said she tried to “rack her brains” to come up with polite ways to reject the lobbyists.

She noted that the effect of “big cable” lobbying was much less severe when Pakatan Harapan was in government compared to the Barisan Nasional and current Perikatan Nasional governments.

“Looking back now, I am glad that my team and I did our best to protect the people’s welfare from such suckers of blood,” she wrote.

1 month ago

imvu

billionaire

1 month ago

imvu

0.235 + 0.300 = 0.535 ?

1 month ago

imvu

volume sudah masuk , apa lagi tunggu

1 month ago

software guy

@imvu u billionaire?

1 month ago

gorengking

Previously known as Karim Power then turn out fraud become Kincing Power. Now down down down only hope for 1 sen technical rebound become Kentut Power

1 month ago

Jokers2020

Wait for another power ie Konk@k power which will make the stock become PN17...

1 month ago

imvu

gap limit up otw

1 month ago

nicholas99

gap down to 0.09?

1 month ago

yongyong88

tiap tiap hari mimpi limit up sementara harga sudah berhari hari limit down dari RM1 hingga 0.22. masih mahu mimpi lagi, pengarah pengarah setiap hari jual dalam harga jauh lebih rendah dari harga pasaran! Fikir fikir dulu. Boleh limit up kah? Pengarah pengarah masih pegang berjuta juta saham utk dilepaskan bawah harga pasaran! boleh limit up kah?

1 month ago

yongyong88

CIK SARAH AZREEN BINTI ABDUL SAMAT 06-Jul-2022 Disposed 14,435,100 0.215
CIK SARAH AZREEN BINTI ABDUL SAMAT 05-Jul-2022 Disposed 84,800 0.265
CIK SARAH AZREEN BINTI ABDUL SAMAT 04-Jul-2022 Disposed 2,830,100 0.260
CIK SARAH AZREEN BINTI ABDUL SAMAT 30-Jun-2022 Disposed 5,330,000 0.250
CIK SARAH AZREEN BINTI ABDUL SAMAT 20-Jun-2022 Disposed 15,560,000 0.215
CIK SARAH AZREEN BINTI ABDUL SAMAT 04-Feb-2022 Disposed 4,320,000 0.345
CIK SARAH AZREEN BINTI ABDUL SAMAT 31-Jan-2022 Disposed 500,000 0.350
CIK SARAH AZREEN BINTI ABDUL SAMAT 08-Dec-2021 Disposed 800,000 0.420
CIK SARAH AZREEN BINTI ABDUL SAMAT 06-Dec-2021 Disposed 3,000,000 0.450
CIK SARAH AZREEN BINTI ABDUL SAMAT 02-Dec-2021 Disposed 1,750,000 0.500
CIK SARAH AZREEN BINTI ABDUL SAMAT 18-Oct-2021 Disposed 13,572,800 -
CIK SARAH AZREEN BINTI ABDUL SAMAT 27-Aug-2021 Disposed 7,500,000 0.730

1 month ago

yongyong88

ENCIK MUSTAKIM BIN MAT NUN (a substantial shareholder) disposed 2,830,100 shares on 04-Jul-2022.
ENCIK MUSTAKIM BIN MAT NUN (a company director) disposed 84,800 shares at 0.265 on 05-Jul-2022.

2022-07-07
ENCIK MUSTAKIM BIN MAT NUN (a company director) disposed 2,830,100 shares at 0.260 on 04-Jul-2022.



1 month ago

yongyong88

jelas nampak akan karam macam serba tak dinamik......... semalam ramai ikan bilis masuk sangkar ...

1 month ago

koyokui

Buy kpower now lowest

1 month ago

LongTermInvestor8

when ex ceo selling like no tomorrow.... whatever your losses is, just sell.

1 month ago

nuilam hali

Jadi macam sampah......tidak lama lagi jadi macam serba

1 month ago

newtrader1989

Hahahaah already told long long time ago

1 month ago

citadel888

mana gap up limit up???

1 month ago

imvu

hari ni rebound ?

1 month ago

HK_Wealth_Management

mtronic(0403) call buy now target RM0.20

1 month ago

imvu

tunggu market rebound je ni nak jadi billionaire

1 month ago

niktraderinvestor

Bola dragon ball dah nk bertukaq. Ytjt

1 month ago

king36

No power, may fall back to 0.17.

1 month ago

civicfk8

KPower new shareholder Rinani Group ? Bintai Scib Mgrc KPower ka
The office Sudah pindah Rinani Group sana

1 month ago

imvu

cepat lah limit up , nak jadi billionaire ni

1 month ago

imvu

hujung bulan billionaire ?

1 month ago

imvu

kamon limit up !

4 weeks ago

imvu

hari ni hijau , isnin hijau , minggu depan hijau , hari hari hijau
minggu depan gap up limit up , terpaksa jadi billionaire ?

4 weeks ago

imvu

-wa bottom 0.070 x 2 = tp 0.140 ?

3 weeks ago

imvu

kamon berebut rebut beli kpower , scib , serbadk

3 weeks ago

GuguGaga

Kpower can call 3 white soldiers candlestick ady isn't it?

3 weeks ago

imvu

kutip kutip dekat bottom rilek je hold , tunggu jadi billionaire

3 weeks ago

Kennedy72

Today how fly after consolidation?

3 weeks ago

newtrader1989

Tp 5c

3 weeks ago

GuguGaga

It:s going to fly

1 week ago

GuguGaga

Flyingggggg

1 week ago

Michael R.

Resistances 0.315 & 0.615 then everything else is a history...

1 week ago

Apple2353

suddenly Karim's counters semua hijau hijau..

1 week ago

GuguGaga

Apple2353

suddenly Karim's counters semua hijau hijau..

Hahaha...karim power
kpower,serbadk, scib. What else ya?

1 week ago

bjgdila123

jgn 1 day tiger sho

1 week ago

Michael Kwok

Sure 30 cents range.
10.10 pm 9/8/2022.if dow drop 2.5 percent tht the statenent void.

1 week ago

Michael R.

Reference is made to the Company’s announcements on 15 March 2021 and 20 August 2021 in
relation to the development of 50 MW solar photovoltaic plant in the state of Pahang, Malaysia by
PKNP KPower Suria Sdn. Bhd. (“PKSSB”), a subsidiary of KPower.
On behalf of the Board of Directors of KPower (“Board”), the Company wishes to announce that the
Energy Commission Malaysia had vide their letter dated 8 August 2022, considered granting PKSSB
the following extension of time (“EOT”):
(a) EOT for the final closing date from 30 June 2022 to 30 September 2022;
(b) EOT for the schedule commercial operation date from 30 September 2023 to 31 December
2023; and
(c) EOT for the tenure of the power purchase agreement (“PPA”) from 21 years to 25 years.

1 week ago

Michael Kwok

Reach 30 cents as expected.im right statement above.

1 week ago

imvu

0.295 / 0.095

6 days ago

imvu

0.310 / 0.100

3 days ago

bjgdila123

power is coming coming.... 1.00 otw

3 days ago

Srsm Trader

Kpower is recovering...

1 day ago

bjgdila123

sapu sapu 0.32 my tp 1.00

1 day ago

bjgdila123

chart pun cantik

1 day ago

CUTLOST

Sold 32cts tq

15 hours ago

Post a Comment