But if the EGM passed and they are issuing 15% of new stocks to the buyers then the price will be adjusted by Bursa accordingly right?

Well for a 50MW power plant....i believe the construction cost ALONE will not less that 500million (1MDB people said 1B for the project anyway)...and please guess what will happen if that 500million contract goes to Cypark~~

Cypark now yearly revenue is 200+mil only~~suddenly 500 million contract come on top of the existing projects :D

RM5.00 anyone?? :p

but the point is....government do things very slow lah~~they say now...maybe next year only award....

sephirohn...for your info....1mdb has not build any solar farm before...and if u ever did read Cypark's segmental report....it is easy to identify that it will be under their "Environmental Engineering" segment and there is also a "Sales of Renewable Energy" segment which shows the revenue from the power purchase~~

Guys....frankly speaking...i dont think 1MDB has the capacity to build a 50MW solar farm on their own...i doubt they cant even get a 5MW solar farm up by themselves....they will likely subcontract it out to someone..or even co-develop with some one...just need to guess who that some one is?

my believe is....no doubt the main con will be Cypark :D

if not please state who else in MALAYSIA can do it with that scale~~unless they go get a foreign firm to do it....then 1MDB really become satu malaysia my...... which i hope they are not that stupid~~

Skyler, thanks for the info...

i doubt 1MDB will be the builder for the plant...i almost certain that they will have to contract out...
as for the technology provider...it is just like Cypark's tech provider is LG Electronics....this time it could be a US company~~means the panels should be "made in US"

in Malaysia, not much company can handle such big solar farm project...and Cypark is the largest among them...hard to believe that 1MDB doesn't give at least a piece of the cake to Cypark (especially the close relationship with BN govt)

the matter is when and how big the piece of cake only~~

imagining if this company is referring to Cypark....TP RM5.00 anyone? :p

“There is one company that has proposed (to build) a 50MW solar power
plant,” he said, adding that the proposal is being evaluated by the government.
“The discussion is currently taking place (between the company) and Tenaga
Nasional Bhd.” The minister, however, declined to disclose the name of the
company.

http://www.theedgemalaysia.com/business-news/281404-highlight-biggest-solar-plant-in-the-works.html

Guess who is this undisclosed company~~!! 50MW power plant coming to Cypark!?!!?

Wow so specific on that date?? ok then i shall wait and see~~

wow 2.18 now~~!!
some one pumping again?! hmm insider news any one????

2.15 and volume is still climbing~~2.16 today?

Fishy~~y suddenly such hype in volume...i suspect some one must have known something we do not know and start buying crazily~~hopefully this is only the beginning? anything related to budget?? another Mega Renewable Energy Project for Cypark?

WOW, what happened today?!!? 2.03 shoot to 2.13?

Wow~~!! Profit after tax increased by 50% for Q3 2013!! Fly Cypark!!

Cypark always pay dividen

Doesnt sounds like a strong reason to me~~
If refer to technical graph and dividend growth theory, the price should be similar to what PBB or CIMB analyse~~

volume suddenly shoot up~~? anyone know why?

Optimistic and confidence with Cypark?
Anyway jus a wild guess

Bad volume today~~hmm maybe it is the silence before the storm~~
Cypark always like to make announcement late Friday~~

Likely CIMB will be the taker of the private placement~~?? sinz they like Cypark so much~~

If my remisier is right...of coz HOLD until the announcement is made~~
just wondering what is the announcement about~~pre announcement already shoot up..must be something big

According to my remisier, it seems like they are making some announcement soon~~

It has been reduced from 336 mil to 265 mil anyway~~

Seems like interesting things going to happen very soon and OCBC wants a piece of it~~

http://biz.thestar.com.my/news/story.asp?file=/2013/4/19/business/12993723&sec=business

The big 1 is coming for Cypark~~2.25 anyone?