P.A. RESOURCES BHD
KLSE (MYR): PA (7225)
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Last Price
0.33
Today's Change
0.00 (0.00%)
Day's Change
0.31 - 0.335
Trading Volume
14,751,000
Financial
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
Discussions
4 people like this. Showing 50 of 5,716 comments
Boleh lah, chinhin boss aluminium subsidiary wanna partner up PA increase production mah. Up up up.
2023-01-10 15:25
Director sudah disposed at 30 cents.
Name
Details of Changes
View
Date
Type
No. of Shares
Price
DATO' WANG SZE YAO @ WANG MING WAY 09-Jan-2023 Disposed 300,000 0.300 View
2023-01-10 19:18
Dato’ Wang Sze Yao @ Wang Ming Way (“Dato’ Wang”), a Malaysian, male, aged 55, was appointed as an Independent Non-Executive Director of P.A. Resources Berhad (“PARB or the Company”) on 18 November, 2014. He was also appointed as a member of the Audit Committee and Nominating Committee on 13 November 2015. He was re-designated as Chairman of the Nominating Committee on 24 May 2019. On 29 August 2017, he was appointed as a member and Chairman of Remuneration Committee.
2023-01-10 20:11
Datuk Seri Lau Kuan Kam (“Datuk Seri Lau”), a Malaysian, male, aged 59 was appointed as an Independent Non-Executive Chairman of P.A.Resources Berhad (“PARB” or “the Company”) on 25 August 2014. He ceased to be a member of the Nominating Committee on 29 August 2017. He was subsequently re-designated as Group Managing Director of the Company on 16 May 2017. He was also a member of Remuneration Committees since 13 November 2015. Datuk Seri Lau began his career in 1981 as a Sales & Marketing Representative with Union Auto Mobil after graduating from high school. In 1987, he joined Bio-Organo Fertilizer Sdn Bhd as Marketing Manager. In year of 1990, Datuk Seri Lau founded Twin Arrow Fertilizer Sdn Bhd in the field of manufacturing fertilizer products. He expended the business into Twin Arrow Organic Sdn Bhd and Synetics Agriculture Sdn Bhd (“TAO”) in 2000. TAO has grown to become one of the largest manufacturers of compound, compact, mixtures and organic hybrid fertilizers in Malaysia. Twin Arrow Fertilizer Sdn Bhd was awarded The Inaugural Malaysia Brand Award in 2017.Datuk Seri Lau Kuan Kam has been awarded as the entrepreneur of the year in The 3rd Malaysia Golden Entrepreneur Award 2017.
2023-01-10 20:17
Haiyoh Chan Mali Chan continue pecah 31 sen liao leh. Look like ada more traders sudah notice the hidden gem continue to climb the hill to make new high kah. Haiyoh. Correct?
2023-01-11 09:10
FYI, First solar being major client of PA, hit highest since 2010. more than 80% of PA revenue come from First Solar, and last year First solar extended PA contract.
2023-02-02 14:26
Walau... without MikeTikus memang tak boleh UP..???
Gonna Call MikeTikus to report here once his suspend lifted..
Ular mesti ada Tikus.. baru ada ONG!
PS: jangan jangan telah Ditelan oleh Ular.. Haha!! Karb...
2023-03-24 22:50
Many sleeping counter begin to play next step is watch volume PA and price 0.26 cents . Once no more sell 0.26 cents the Start is ready.
2023-06-13 22:20
Oh ya... that Mike fella is the same person as John. Two different IDs by same person. What a con. 🤣🤣🤣
2023-10-02 20:28
Mostly counter in bloody after New Logo Launch for Bursa... Hope later will turn up Sui Sui..!
2 months ago
Reference is made to the announcements dated 24 January 2018, 27 February 2018, 25 May 2021, 24 March 2022 and 25 March 2022 in relation to Extension of Supply Agreement entered into between P.A. Extrusion (M) Sdn. Bhd., a wholly-owned subsidiary of PARB with First Solar, Inc., First Solar Malaysia Sdn. Bhd. and First Solar Vietnam Manufacturing Co. Ltd.
The Board of Directors (“Board”) of PARB wishes to announce that the Company has on 17 January 2024 received Fourth Renewal of the Master Supply Agreement (“Agreement”) which signed and accepted by all parties to the terms and conditions as stipulated in the Agreement.
The salient terms are as follows: -
1.This agreement superseded agreement signed on 10 March 2022 for contract period from 2 January 2024 to 1 July 2024;
2. This contract renewal is for period from 2 January 2024 to 1 July 2025 valued at up to USD231.9 million (equivalent up to RM1.076 billion); and
3. This contract may be renewed by First Solar for subsequent one (1) year period upon notice to P.A. Extrusion (M) Sdn. Bhd., not later than thirty (30) days prior to the expiration of the current term.
Duration and Value of this Agreement
The total contract value for this Agreement up to USD231.9 million (equivalent up to RM1.076 billion) approximately for contract period from 2 January 2024 to 1 July 2025. The exchange rate applied to this contract value is USD1.00 = RM4.64.
Financial effects
This Agreement will not have any impact on the existing share capital and shareholding structure of PARB.
This Agreement is expected to contribute positive to the earnings and net assets of the PARB Group.
Risks
The risk factors affecting this Agreement includes changes in economic, regulatory and operational environment such as completion and delivery risk, fluctuation of material prices and foreign currencies which the Group would take appropriate measures to mitigate the risks.
Directors’ and Major Shareholders’ Interest
None of the Directors and / or major shareholders and persons connected to the Directors and / or major shareholders of PARB have any interest, direct or indirect, in this Agreement.
Directors’ Statement
The Board, after considering all the relevant factors, is of the opinion that this Agreement is in the best interest of PARB Group.
This announcement is dated 18 January 2024.
2 months ago
The 1st solar contract is over rm1b, is very major and significant over their past annual revenue of 400+m. Think price should trend higher when the penny shares sell off is over.
2 months ago
On 19 February 2024 entered into two (2) Sale and Purchase Agreements on the acquisition of two (2) pieces of vacant leasehold industrial lands with Niken Steel (M) Sdn. Bhd. [Registration No.: 201501044560 (1169881-P)] of D-23-01, Level 23, Menara Mitraland, No. 13A Jalan PJU 5/1, Kota Damansara, PJU 5 Petaling Jaya, 47810 Selangor for a total consideration of Ringgit Malaysia Twenty-One Million (RM21,000,000.00) only as per terms and conditions stipulated in each Sale and Purchase Agreements.
1 month ago
the Proposed Acquisition of Industrial Lands is expected to be completed within six (6) months
1 month ago
P.. recorded highest revenue ever. Pre tax profit increased 31% Declared 1s dividend. Sold past Q performance. Share price should be above 50s, I think.
1 month ago
@Bull13
You may be rite if they later declare another half cents for financial year of 2024 😊
1 month ago
What this means is that if you go back in time and kill your grandfather, you don't exist, which means that your grandfather cannot be killed. As you can see, there are two realities occurring in parallel here. The grandfather paradox is also a key plot element in the famous Hollywood movie Tenet (released in 2020), directed by Christopher Nolan.
1 month ago
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Mikecyc
Haha must stay above 30 sen leh … see see look look the string is strong enuf ke ….
2023-01-10 15:16