The story is not created by someone, it's created by Jaks itself.
The paragraph containing the words - "ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun ......" is in the PR release by Jaks.
There is no such company with the name of BaySolar AG or Bay Energy Group
There is a company named 'Zero Carbon Energy Europe GmbH' and was formed in 2023 with a paid up capital is 25EUR; and the shareholders are Ji Jian and Wang Xue Jun
--->>> All references and links for fact checkings have been detailed above.
--->>> It's Ang Lam Pah who's creating scam MOU stories!
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Posted by StartOfTheBull > 6 hours ago | Report Abuse
Below is a created story by someone: """""""""" There's a para in the memorandum of underwear with ZC energy:
"ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun, each holding 50% of the shares and the Managing Director is Mr. Ji Jian. It is a company specifically established for Italian projects and is the project sponsor of the current project in Tuscany. Mr. Wang Xue Jun also owns BaySolar AG and Bay Energy Group which has previously developed similar solar projects in Europe ranging from 7.4MW to 163MW."
Facts: ZC energy is a new setup with paid up of 25 EUR Wang Xue Jun's BaySolar AG has the following contact: Franklinstraße 56, 60486 Frankfurt am Main, Deutschland +49 69 50929198 www.bayenergy.net
bayenergy.net domain was created on 2019-07-08 and has expired on 2023-07-08
DOCUMENTS AVAILABLE FOR INSPECTION Copy of the MOU will be made available for inspection at the Company’s registered office at 802,8th Floor, Block C Kelana Square, 17 Jalan SS7/26, 47301 Petaling Jaya, Selangor Darul Ehsan, during office hours from Monday to Friday (except public holidays) for a period of three (3)months from the date of this Announcement. This announcement is dated 26 July 2023
Cannot proof it is a scam MOU, wasting time to check.
Bruce_Wayne
74 posts
Posted by Bruce_Wayne > 47 minutes ago | Report Abuse
The story is not created by someone, it's created by Jaks itself.
The paragraph containing the words - "ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun ......" is in the PR release by Jaks.
There is no such company with the name of BaySolar AG or Bay Energy Group
There is a company named 'Zero Carbon Energy Europe GmbH' and was formed in 2023 with a paid up capital is 25EUR; and the shareholders are Ji Jian and Wang Xue Jun
--->>> All references and links for fact checkings have been detailed above.
--->>> It's Ang Lam Pah who's creating scam MOU stories!
---
Posted by StartOfTheBull > 6 hours ago | Report Abuse
Below is a created story by someone: """""""""" There's a para in the memorandum of underwear with ZC energy:
"ZC Energy is owned by two Chinese nationals, namely Mr. Ji Jian and Mr. Wang Xue Jun, each holding 50% of the shares and the Managing Director is Mr. Ji Jian. It is a company specifically established for Italian projects and is the project sponsor of the current project in Tuscany. Mr. Wang Xue Jun also owns BaySolar AG and Bay Energy Group which has previously developed similar solar projects in Europe ranging from 7.4MW to 163MW."
Facts: ZC energy is a new setup with paid up of 25 EUR Wang Xue Jun's BaySolar AG has the following contact: Franklinstraße 56, 60486 Frankfurt am Main, Deutschland +49 69 50929198 www.bayenergy.net
bayenergy.net domain was created on 2019-07-08 and has expired on 2023-07-08
Repost: Jaks facing cashflow problems will not be able to undertake anymore new job/project unless RI coming.
What ALP doing is signed many more MOU ( aka worthless toilet paper) so that he can justified his fat cat CEO salarly + benefit and more LTIP free share grant.
Jaks q2 revenue RM 3,312,000 No even enough to pay finance cost of RM 6,177,000
Good evening SSLee, I think your comment is misleading. The reasons are: 1) JAKS 's private placement of 10% of the total number of issued shares has been confirmed, thus I think it is safe to forget that any right issue is needed to fund new projects of the company. More, next quarter onwards more cash is coming in to the company's bank account with its LSS4 revenue collection started in August 2023.
2) Signing of MOUs are usual practice by companies before definitive agreements (if any) are signed.
3) You were only seeing JAKS QTR2 revenue of RM 3,312,000 only but it seems you have omitted the share of profit in Joint Venture of RM32,312,000 that appears in the same financial report, and the same quarter.
4) The latest sudden surge in share price is not a surprise due to the company's numerous good news lately. For a company with new streams of income from upcoming 3rd QTR onwards and its apparent right track to recovery I think is unfair to say it is a rotating/syndicate play for its stock movement/trading these few days. ********** Sslee
2,390 posts
Posted by Sslee > 1 minute ago | Report Abuse
Jaks facing cashflow problems will not be able to undertake anymore new job/project unless RI coming.
What ALP doing is signed many more MOU so that he can justified his fat cat CEO salarly + benefit and more LTIP free share grant.
Jaks q2 revenue RM 3,312,000 No even enough to pay finance cost of RM 6,177,000
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
UlarSawa
35,552 posts
Posted by UlarSawa > 2023-09-05 09:14 |
Post removed.Why?