YawChong

YawChong | Joined since 2023-07-21

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2023-10-19 23:42 | Report Abuse

U played sons, I dont 😉

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2023-10-16 09:51 | Report Abuse

The son has time to join the upcoming euphoria? 😋

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2023-10-16 09:48 | Report Abuse

Continue to see accumulation by some quarters.

Bankers' chip continue to increase on daily, weekly and monthly chart 😎💪

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2023-10-16 09:38 | Report Abuse

Those still have positions in Toyo son should just bid up Toyo mother 😎😂

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2023-10-06 15:05 | Report Abuse

Elephants fighting, we sideline and wait la

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2023-10-05 21:25 | Report Abuse

Great! With the latest Addendum to the EPC contract, Sunway Construction could start preliminary construction works on the Song Hau IPP Project site pretty soon!

The Board of Directors of TVHB wishes to announce that its wholly owned-subsidiary Song Hau 2 Power Company Ltd had on 5 October 2023, entered into an Addendum No. 1 to Contract Agreement (“the Addendum”) with Sunway Construction Sdn. Bhd. and Power Engieering Consulting Joint Stock Company 2 to amend certain terms of the Contract Agreement.

The material changes made in the Addendum are as follows:

Extending the proposed date for issuance of the NTP to a date on or before 30 June 2024, or such other date as the Parties may mutually agree upon in writing.

The amendments to the definition and provisions relating to the Limited NTP whereby the Owner shall provide the Contractor with limited access to the site for the Contractor to carry out phase 1 and 2 of the Limited NTP works (collectively, “LNTP Works”) to a total value not exceeding USD9.5 million which form part of the Works before obtaining the NTP from the Owner:

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2023-10-05 09:29 | Report Abuse

Today close above 1.50, thank you Boss

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2023-10-05 07:29 | Report Abuse

1 monkey off the back 😊

The Board of Directors of TVHB wishes to announce that on 4 October 2023, the High Court of Malaya at Kuala Lumpur had answered all the preliminary issues proposed by TIGB in favour of TIGB; found that the action commenced by the Plaintiff to be frivolous, vexatious and an abuse of Court process, and ordered that the action commenced by the Plaintiff be dismissed with costs.

The Court also ordered the Plaintiff to pay TIGB a total sum of RM60,000-00, comprising the followings:-

1. RM30,000-00 costs for the action; and

2. RM30,000-00 costs for TIGB’s application.

In view of the decision of the High Court today, there is no more pending legal proceedings between the Plaintiff and TIGB, and all the Trial dates previously fixed by the High Court are vacated.

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2023-10-04 10:37 | Report Abuse

Think they gonna make their warrants in-the-money

I mean which company doesn't like their warrants be converted....especially in time of cash-strapped and cash-hungry? 😂

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2023-10-04 09:53 | Report Abuse

Banker is mopping up your shares 😄

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2023-10-04 09:50 | Report Abuse

Lol, less and less impulsive sellers

Only tactful sellers left at this level 🤠

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2023-10-03 09:54 | Report Abuse

Court gives decision on summary disposal today

Positive, share price up;
Negative, full trial, will take years

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2023-09-27 14:36 | Report Abuse

When the train starts, there will be no stopping

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2023-09-27 14:35 | Report Abuse

Banker's chips almost full to the brim 😎

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2023-09-21 15:52 | Report Abuse

Matter of time to...?

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2023-09-21 15:50 | Report Abuse

Fake ask/sell queues are there to scare off retail buyers

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2023-09-21 15:49 | Report Abuse

The way bankers stealthily eating up, I think the week will ends with a flourish 😋

Eagerly look forward to next week price actions 😎

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2023-09-21 10:55 | Report Abuse

Holding really well 😎

Next up 1.60

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2023-09-20 09:42 | Report Abuse

ESOS application swiftly submited

Insiders cant wait to take advantage of the post-announcement rally? 😂

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2023-09-19 15:02 | Report Abuse

Just saying, if positive announcement after market closed, tomorrow FLY

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2023-09-19 10:30 | Report Abuse

Slow and Steady!

Hopefully today can break qbove 1.40ish 💪

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2023-09-18 15:33 | Report Abuse

Look at the Sell Queue 🤓

Ready for next leg up

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2023-09-18 11:06 | Report Abuse

Eng Lian + Sunway actually

Double confident

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2023-09-18 11:06 | Report Abuse

Mentioned of Eng Lian should lend confidence 😝

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2023-09-18 11:01 | Report Abuse

You have positions?

Or wait for breakup to build positions? 🤓

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2023-09-18 10:51 | Report Abuse

Your breakup level is...?

Mine is a closed above 1.42

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2023-09-18 10:38 | Report Abuse

Less and less sellers for mother share

Stock cornered

Banker keeps accumulating

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2023-09-15 09:24 | Report Abuse

The news is coming!
The news is coming!

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2023-09-14 12:02 | Report Abuse

So active, PR coming soon perhaps

Keep loading

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2023-09-14 10:31 | Report Abuse

Ok you really dared :D
So what's next JoJo? To the moon?

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2023-09-14 10:03 | Report Abuse

You dare to buy or not :)

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2023-09-11 08:09 | Report Abuse

Proposed ESOS for 5+5 years @ illustrative option price 1.16;

Management ready to remunerate themselves, ahead of the financial close!

Settlement ICULs @ 1.20;

Toyo's low has already in place, only way is Up Up Up 😎

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2023-09-08 16:36 | Report Abuse

Good volumes at and off low the past 2 days.

Good announcement coming after market closed? 😆

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2023-09-08 09:42 | Report Abuse

Loaded more. Fly soon

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2023-09-07 10:56 | Report Abuse

As of early March 2020, there were no indications that financing for the Sông Hậu-2 plant had been secured.

In December 2020 it was announced that Toyo Ink had signed the BOT contract with Vietnam's Ministry of Industry and Trade for the Song Hau 2 project, with a government guarantee from the Vietnamese government also attached to the deal. The government guarantee includes protection for the company against default on all Vietnam project counterparties, changes in law and government event risks. Further guaranteed is at least 30% of the conversion from Vietnamese Dong to US dollars for the project’s tariff revenue that is received under the power purchase agreement after deducting all operational expenditures. The Vietnamese government has also granted the project tax incentives, including favourable corporate income tax rates and exemption from import duties. Toyo said that the estimated US$3.23 billion project costs "will be financed via a mix of debt and equity financing. The board is still in the midst of reviewing various investments and funding options, including identifying strategic investors and other suitable parties to co-invest in the project."[33]

In January 2021, Toyo Ink announced that it was partnering with China Energy Engineering Corporation, a Chinese state-owned enterprise, to develop Song Hau 2. The two companies had entered into an investment and development agreement, through which China Energy would acquire an equity stake in the project.[34]

In May 2021, the People's Committee of Hau Giang province was working on plans to resettle 714 households to clear the construction site of Sông Hậu-2.[35]

An October 2021 report by GreenID lists the Sông Hậu-2 power station as one of 18 coal-fired power stations in Vietnam that was struggling to secure financing. Given that China, Japan, and South Korea have all committed to stop financing new coal-fired power stations, it will be extremely difficult for any of these projects to secure funding in the future.[36] In March 2022, Report No. 1562 by the Office of the Government of Vietnam stated that the plant was financially troubled.[37]

In January 2023, IJ Global wrote that Toyo Ink targets to arrange $2.4billion syndicated financing facilities with a debt/equity ratio of around 75.25. Export-Import Bank of Malaysia was signed up in November 2022 as the MLA, bookrunner and arranger for the project's debt financing.[38]

In February 2023, Toyo Ink was continuing to pursue the project. They claimed to have (Google translate): "a solution to solve the problem of funding for compensation and resettlement remaining". The investors and developers stated that they were awaiting approval by the Ministry of Industry and Trade.[39] 742 households impacted by Sông Hậu-2 were to be resettled in the Mai Dam Resettlement Area.[40]

In March 2023, Toyo Ventures stated that a US$86 million operation and maintenance contract for Sông Hậu-2 had been awarded to Power Engineering Consulting Joint Stock 2 (TV2). This was in addition to a US$2.42 billion construction contract awarded one week prior. Toyo Ventures also stated that the Export-Import Bank of Malaysia had offered to be the "mandated lead arranger and bookrunner and coordinating arranger for the syndicated financing facilities of up to US$2.42 billion for the construction of the power plant". The project was expected to be operational within four and a half years of construction start.[41]

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2023-09-07 10:55 | Report Abuse

Sông Hậu-2

In April 2011, Toyo Ink Group Berhad, the Malaysian branch of Japan's Toyo Ink Group, announced that it would be pursuing the development of the two-unit, $3.5 billion, 2,000-MW Sông Hậu-2 plant, after provincial authorities approved the company's proposal.[21] In January 2012, Toyo Ink signed a consultancy agreement with Vietnam's Power Engineering and Consulting Joint Stock Company 2 for the construction of the plant.[22]

In August 2013, Toyo Ink signed a memorandum of understanding with the Ministry of Industry & Trade for construction of the plant. The plan calls for the first unit to come online in 2021, and the second in 2022. The Ministry stated that it would sign a build, operate, & transfer (BOT) agreement with Toyo Ink as soon as the latter lined up coal suppliers and electricity sales agreements; Toyo Ink stated that it expected the BOT agreement to be finalized in 2014. Coal would be imported from Indonesia or Australia. Industry experts apparently believed that negotiating the power price with Electricity of Vietnam would take time, and would potentially lengthen this time frame.[23]

As of mid-2015, the BOT agreement had apparently not yet been finalized. In July 2015, Toyo Ink sought shareholders' permission to spend an additional $35 million on consultancy costs for Sông Hậu-2.[24] In October 2016, provincial officials noted that site clearance was behind schedule, and called on district officials to strengthen the procedures for resettling people living on the site.[25]

In January 2017, Toyo Ink signed a land lease agreement with the Vietnamese authorities for the plot on which the power plant will be located. The project had an estimated project cost of US$3.45 billion, and Toyo Ink said it was looking at jointly developing the project via a special purpose vehicle (SPV) with a partner, but will retain a 40% equity interest to remain the single largest shareholder of the project. The SPV will fund about 25% of the total cost, while the remaining 75% will be financed via bank borrowings.[26]

In February 2017, Vietnam’s Ministry of Natural Resources and Environment approved Toyo Ink’s environmental impact assessment for the Song Hau 2 coal plant.[27]

In a visit to the area in March 2017, Vietnam's Deputy Prime Minister called for accelerated price negotiations to help speed up the project.[28]

As of late November 2017, the BOT contract had not yet been signed, and the EIA was being revised.[29]

In September 2018, Toyo Ink estimated that the plant would be commissioned by 2025.[30] In June 2019 the completion date for Sông Hậu-2 was listed as 2024 in the Ministry Of Industry And Trade's report on the implementation of the revised seventh Power Development Plan (PDP7).[31] In February 2020 the National Steering Committee stated that Unit 1 was scheduled to be commissioned in Q1 2025 and Unit 2 in Q2 2025.[32]

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2023-09-06 15:15 | Report Abuse

Positive announcement coming soon....stay tune

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2023-08-17 10:31 | Report Abuse

Who keep loading the warrants?!

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2023-08-15 16:09 | Report Abuse

Shake shake shake some more

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2023-08-10 09:21 | Report Abuse

They still have time to fulfill construction deadline as set by the Viet Government

First, financial close by this or latest next month ;)

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2023-08-10 09:16 | Report Abuse

Oh yes, Toyo definitely is working on that

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2023-08-07 13:54 | Report Abuse

Dynamic chips aka Banker chips on daily chart can be erratic;

But those on weekly and monthly chart wouldnt lie. It point only to 1 direction:- UP

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2023-08-07 13:47 | Report Abuse

No reasons to jack up. Many gave up on Toyo;

Now it breaks up, could only mean 1 thing:- POSITIVE ANNOUNCEMENT is coming