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2023-09-01 18:42 | Report Abuse
another One on Jaks , and so Jealous Capita a ke ..
13/04/2023
Stock: [INSAS]: INSAS BHD
week ago | Report Abuse
Windy1974 sold his CapitalA on 13/4/2023 morning at 80.5 cents for some trading gain. He will trade again when opportunity arise. Me sold some of my jaks at 22 cents for some trading gain too.
By next week most likely CapitalA will drop below 70 cents and someone will look at book lose instead of book gain.
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2023-09-01 15:14 | Report Abuse
Posted by Johnchew5 > 50 minutes ago | Report Abuse
Why Insas keep selling Profitable business ( from AGM 2021 n AGM 2022 ) eg : Singapore business … then RTO M&A from 100 % holding to 53.7 % upon completion..
> > Current Insaf Dividend Yield is 3.05 % … after RTO M&A with 53.7 % .. will be more generous ke or Stingy ke ???
>>> Oh posted earlier also : Associate company Omesti sold Microlink ( later Agong became substantial shareholder 10.76 % ) ..
>> >> On Associate Company Divfex ( formerly DGSB ) .. Insaf increased holding from 19.97 % to 25.72 % … Regularisation Plan time frame submission in another 2 months as posted earlier ( Since 2020 loh ) .. By July 2023 ..
>>> >> haha as posted here much earlier.. Insaf keep selling Inari shares since 2019 , selling at Low price …why ah ???
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2023-09-01 14:23 | Report Abuse
Why Insas keep selling Profitable business ( from AGM 2021 n AGM 2022 ) eg : Singapore business … then RTO M&A from 100 % holding to 53.7 % upon completion..
> > Current Insaf Dividend Yield is 3.05 % … after RTO M&A with 53.7 % .. will be more generous ke or Stingy ke ???
>>> Oh posted earlier also : Associate company Omesti sold Microlink ( later Agong became substantial shareholder 10.76 % ) ..
>> >> On Associate Company Divfex ( formerly DGSB ) .. Insaf increased holding from 19.97 % to 25.72 % … Regularisation Plan time frame submission in another 2 months as posted earlier ( Since 2020 loh ) .. By July 2023 ..
>>> >> haha as posted here much earlier.. Insaf keep selling Inari shares since 2019 , selling at Low price …why ah ???
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2023-09-01 12:52 | Report Abuse
Jaks
28/8 Mon. 0.200 16,963,500 . VWAP 0.196
T+ 1 = 1,840,500 . ( T + 0 = 15,267,000 )
==
29/8/2023 Tues :
Jaks
12.30 pm : 0.195 VWAP 0.195 Volume : 18,479,600
5.20 pm : 0.195 VWAP 0.195
Volume : 22,763,700
==
30/8/2023. Wed
12.30 pm : 0.200 VWAP 0.201 Volume : 12,087,800
5.30 pm : 0.200 VWAP 0.201
Volume : 16,420,800
===
1/9/2023 . Fri
12.30 pm : 0.225 VWAP : 0.218
Volume : 109, 046,500
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2023-09-01 11:15 | Report Abuse
Ho ho ho KLCI pun looking Good .. cheers …
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2023-09-01 11:04 | Report Abuse
The facilities will fund the development of a 50 MW fourth large-scale solar (LSS4) photovoltaic plant in Seberang Perai Selatan, in the state of Penang in Malaysia in addition to financing working capital requirements.
While JAKS Resources’s principal activity is the construction of power plants, JAKS Solar was incorporated specifically to undertake the development of the LSS4 photovoltaic plant in Penang.
The underlying asset for the multilateral facility is the solar plant which is inherently a sustainable power generation facility.
The Islamic facilities in the multilateral financing comprise a Murabahah Tawaruq term financing facility worth RM80 million (US$18.84 million), two bank guarantees worth RM27.5 million (US$6.48 million) combined and a Murabahah Tawaruq cash line facility worth RM5 million (US$1.18 million).
The bank guarantees consist of a RM10 million (US$2.35 million) facility with a complementary term financing facility with a limit of up to RM10 million and a second bank guarantee of RM17.5 million (US$4.12 million) with a Murabahah Tawarruq complementary term financing facility with a limit of up to RM17.5 million.
According to Ng Kit Ho, the senior vice-president of loan markets and debt markets 1 at AmInvestment Bank, the primary challenge faced by the bank in executing the financing facility was the time constraint.
“The time between execution of the power purchase agreement and financials was extremely tight (four months) and was over the festive period,” Ng told ISFI.
According to Albar & Partners, which acted as the legal counsel on behalf of the financiers in this multilateral financing facility, the guarantees required in the facility also posed a challenge.
“Tenaga Nasional, as the off-taker of the power project, would only accept one single performance guarantee for the performance of the borrower under this power project, therefore AmBank Islamic and UOB were required to enter into a fronting arrangement for AmBank Islamic to issue a bank guarantee to UOB as a fronting guarantor, who shall then issue its own conventional bank guarantee to TNB as the performance bond of the power project on behalf of the borrower,” the law firm shared.
While sustainability-linked financing is steadily increasing in popularity as a financing cost-saving mechanism, Ng shared that JAKS Solar had considered sustainability-linked financing but ultimately decided against it.
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Stock: [INSAS]: INSAS BHD
2023-09-01 18:53 |
Post removed.Why?