10 Jul 2023 42,300,000 Others Direct Interest Name of registered holder Ang Lam Poah Description of "Others" Type of Transaction Vesting RSP
Circumstances by reason of which change has occurred Vesting of ordinary shares of JAKS Resources Berhad under the Restricted Share Plan (RSP) of the Long Term Incentive Plan. Nature of interest Direct Interest Direct (units) 334,365,356 Direct (%) 14.602 Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 334,365,356 Date of notice 12 Jul 2023 Date notice received by Listed Issuer 12 Jul 2023
Stock: [JAKS]: JAKS RESOURCES BERHAD
23 hours ago | Report Abuse
Details of corporate proposal Long Term Incentive Plan - vesting of ordinary shares under Restricted Share Plan - Grant of LTIP No. of shares issued under this corporate proposal 70,500,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.1800 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 2,289,834,607 Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,110,701,554.000 Listing Date 10 Jul 2023
When some monkey come to promote jaks you better sold all fast fast.
Repost for Johny fact check: Since jaks granted 70,500,000 ordinary shares (“LTIP Shares”) SG. Share grant on 10 july 2023 hence RM12.69M of LTIP expenses will only be charged to Q3 2023 under other operating, administrative expenses. Hence Q3 2023 NP will be Q to Q and Y to Y drop
Based on past 4 years norm jaks Q4 2023 another Q to Q and Y to Y drop due to impairment on trade and other receivables and impairment loss on goodwill.
This is what happen the past 4 years.
12 months end 31/12/22: 12 months end 31/12/21 RM'000: RM'000 Impairment Loss on Goodwill 29,000: 23,636 Allowance for impairment of receivables 22,833: 20,348
12 months end 31/12/20: 12 months end 31/12/19 RM'000: RM'000 Impairment Loss on Goodwill 52,000: 20,365 Allowance for impairment of receivables 69,507: 12,490
Someone should take the offer on the table fast fast.
Posted by Bruce_Wayne > 1 day ago | Report Abuse Who wants to make RM1,835,548.59 to RM5,506,645.77 risk-free without up front capital?
Here's how, just report tax evaders Between 2019 and July 2023, Jaks has issued the following amount and value of shares under the share grant plans: ____________________ Units ___________ Value (RM) July 2023 ________ 70,500,000 ________ 12,690,000 2022 _____________ 45,000,000 ________ 11,700,000 2020 _____________ 19,945,000 ________ 17,052,975 2019 _____________ 38,709,760 ________ 19,741,978 Total ____________ 174,154,760 ________ 61,184,953
The number and value of free shares issued were 174,154,760 and RM61,184,952!!!
The shares were issued for FREE and the expenses were charged to the company under administrative expenses
Since Ang Lam Pah & Co did not pay for the shares, the entire value of RM61,184,953M is considered as ‘perquisites’ under Section 13(1)(a) of the income tax. Act (ITA) in 1967.
At the income tax rate of 30%, Ang Lam Pah & Co will need to pay at least RM18,355,485.9 in back taxes
That's before penalties and compounds Penalties and compounds may triple the amount to RM55,066,457.7 Any whistle blower to LHDN will get 10% reward
The reward will range from RM1,835,548.59 to RM5,506,645.77 That's seven figures easy money
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....
Johnchew5
11,611 posts
Posted by Johnchew5 > 2023-09-11 17:31 | Report Abuse
7/9/2023 : Thursday
T+ 4 = 4,916,300 ( Retailer = 0 )
12.30 pm : 0.220 VWAP : 0.220
Volume : 40,940,000
5.30 pm : 0.215 VWAP 0.220 Volume : 47,393,500
Daily Range : 0.215 —- 0.225
24,200,000
===
8/9/2023 : Friday
T + 1 = 29,823,500
12.30 pm : 0.215. VWAP : 0.209
Volume : 35,919,000
5.30 pm : 0.210 VWAP 0.209 Volume : 49,835,300
Daily Range : 0.205 —- 0.215
—-
11/9/2023. Monday
T+ 1 = 28,543,800
12.30 pm : 0.205 VWAP : 0.209
Volume : 4,772,600
5.30 pm : 0.205 VWAP 0.205 Volume : 18,292,700
Daily Range : 0.200 —- 0.215