Posted by Johnchew5 > 2023-08-22 18:11 |

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Posted by Johnchew5 > 2023-08-22 19:33 | Report Abuse

Jaks


Refer QR ended March 2023 :


Non Current Assets :

PPE. 273,041,000

Investment Properties 594,321,000

Investment in Joint Venture. 829,105,000

Posted by Johnchew5 > 2023-08-22 19:36 |

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Posted by Johnchew5 > 2023-08-22 19:40 | Report Abuse

Jaks


A ) Referred to FY21 Annual Report :


The turnaround to Profitability was mainly from the share of profit in the Vietnam joint venture which amounted to RM 140.7 million in FYE2021 as compared to RM3.8 million in the previous year .



B ) Referred to FY22 Annual Report :


The increase in Profitability arose from the Higher share of Profit from the Vietnam joint venture that rose by 11 % to RM 156.2 million.



And Dividend RM 70.0 million.



C ) Referred to 1st QR ended March 2023 :

Share of Profit in Joint Venture is RM 28,326,000 compared to March 2022 RM 33,936,000.


( Note : from Key Matters Discussed, the reduced Share of Profit is due to increased interest expenses .

—


>> JHDP has been granted the Investment Certificate by the Ministry of Planning and Investment of Vietnam on June 2011 to develop a 2 x 600 MW Coal Fired Thermal Power Plant Project in Phuc Thanh Commune, Kinh Mon District, Hai Duong Province, Vietnam ("Hai Duong BOT Thermal Power Plant"), under the form of Build-Operate-Transfer ("BOT") for 25 years.


>>> Construction of Hai Duong BOT Thermal Power Plant has commenced in the first half of 2016. Hai Duong BOT Thermal Power Plant achieved the commercial operation for its first unit on November 2020, while the commercial operation for the second unit was achieved in January 2021.

Posted by Johnchew5 > 2023-08-22 19:44 |

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Posted by Johnchew5 > 2023-08-22 19:53 |

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Posted by Johnchew5 > 2023-08-22 19:55 |

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Posted by Johnchew5 > 2023-08-22 20:00 |

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Posted by Johnchew5 > 2023-08-22 20:02 |

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Posted by Johnchew5 > 2023-08-22 20:05 |

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Posted by Johnchew5 > 2023-08-22 22:10 |

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Posted by Johnchew5 > 2023-08-23 03:57 |

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Posted by Johnchew5 > 2023-08-23 03:59 | Report Abuse

Correction :

1) Why Insas issued 2 times RI to pay Bridging Lons , as the company is a Cash Rich company?? Given over RM 20 million as staff expenses on 2021 before M&A back door listing ?

Posted by Johnchew5 > 2023-08-23 04:07 |

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Posted by Johnchew5 > 2023-08-23 04:17 |

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Posted by StartOfTheBull > 2023-08-23 07:54 | Report Abuse

JAKS Solar Nibong Tebal Sdn Bhd had successfully completed and achieved a commercial operations date (COD) for its 50-megawatt (MW) Solar Photovoltaic (PV) Project under the large-scale solar 4 programme (“LSS4”).

JAKS Resources Berhad (JAKS), a construction and power utilities group specialising in water and other infrastructure projects and energy development, announced that its wholly-owned subsidiary was one of the successful players that won the bid for the LSS4 project for 50MW capacity tendered by the Energy Commission of Malaysia in March 2021 and will operate under a 25-year concession period until August 2048.

JAKS chief executive officer Andy Ang Lam Poah said, “We are pleased to share that JAKS has achieved another important milestone with the successful commercialisation of operations for our 50MW Solar PV Project. Completing the construction approximately 4 months ahead of schedule, we are proud to be the first to complete the 50MW Solar PV Project among the LSS4 recipients.”

“The commercialisation of the 50MW Solar PV Project will provide JAKS with a steady stream of income for the next 25 years. Moving forward, we will actively participate in more renewable energy projects which is in line with the global drive to embrace greener energy solutions,” he added.
- businesstoday.com.my -

Posted by newbie9893 > 2023-08-23 08:54 | Report Abuse

very likely shark will goreng up Jaks today.. watch out

Posted by UlarSawa > 2023-08-23 09:06 |

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Posted by mickey77 > 2023-08-23 09:40 | Report Abuse

newbie eaten by sharks lol

Posted by StartOfTheBull > 2023-08-23 10:46 | Report Abuse

😄20.5 pun boleh dapat. Today market bearish.
Jaks is on track to recovery🚀

Posted by StartOfTheBull > 2023-08-23 11:28 | Report Abuse

Yes, 🐍 = 👻

Posted by Johnchew5 > 2023-08-23 13:30 |

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Posted by Johnchew5 > 2023-08-23 13:32 |

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Posted by Johnchew5 > 2023-08-23 13:33 |

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Posted by Johnchew5 > 2023-08-23 13:34 |

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Posted by Johnchew5 > 2023-08-23 13:35 |

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Posted by Johnchew5 > 2023-08-23 13:36 |

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Posted by Johnchew5 > 2023-08-23 13:46 |

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Posted by Johnchew5 > 2023-08-23 13:46 |

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Posted by UlarSawa > 2023-08-23 14:01 |

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Posted by StartOfTheBull > 2023-08-23 14:46 | Report Abuse

Accumulation in progress.

Posted by i3lurker > 2023-08-23 15:35 | Report Abuse

its sunny today?
what is the Cause Of Death?
no cash to pay back bank loan?

Posted by soon9913 > 2023-08-23 15:36 | Report Abuse

so many spammers here not sharing jaks info

Posted by soon9913 > 2023-08-23 15:37 | Report Abuse

got instruction from boss to talk c here?

Posted by i3lurker > 2023-08-23 15:39 | Report Abuse

Jaks info => Its raining.
Jaks info => Cause of Death is raining.

Posted by Johnchew5 > 2023-08-23 15:50 |

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Posted by UlarSawa > 2023-08-23 17:08 |

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Posted by i3lurker > 2023-08-23 17:22 | Report Abuse

Global warming
Malaysia expected rainy days in future => 232 days in a year

Jaks info => Cause of Death, COD = 232 rainy days in a year

Posted by Johnchew5 > 2023-08-23 17:43 |

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Posted by Johnchew5 > 2023-08-23 17:45 |

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Posted by Johnchew5 > 2023-08-23 17:46 |

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Posted by Johnchew5 > 2023-08-23 17:47 |

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Posted by i3lurker > 2023-08-23 17:59 | Report Abuse

Jaks Question
Is it very cloudy and raining at your place today?

Jaks Info => Cause of Death, COD => Global Warming = 232 rainy days for Malaysia

Posted by Johnchew5 > 2023-08-23 19:08 |

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Posted by StartOfTheBull > 2023-08-23 19:49 | Report Abuse

Everyday is summer in Malaysia, rainy days is good, that can bring down the heat.
COD is usually referred as cash on delivery in general; for Jaks it is the term called commercial operation date. Ask 🐍 correct or not. 🀄
********

i3lurker

12,697 posts

Posted by i3lurker > 1 hour ago | Report Abuse

Jaks Question
Is it very cloudy and raining at your place today?

Jaks Info => Cause of Death, COD => Global Warming = 232 rainy days for Malaysia

Posted by Johnchew5 > 2023-08-23 20:07 |

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Posted by Felix888 > 2023-08-23 21:15 |

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Posted by Johnchew5 > 2023-08-23 21:38 |

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Posted by StartOfTheBull > 2023-08-24 06:33 | Report Abuse

Jaks is the first to complete the 50MW Solar PV Project among the LSS4 recipients. Haiyo, ask 🐍 correct or not.

Posted by UlarSawa > 2023-08-24 07:20 |

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