TALIWORKS CORPORATION BHD

KLSE (MYR): TALIWRK (8524)

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Last Price

0.80

Today's Change

+0.005 (0.63%)

Day's Change

0.795 - 0.80

Trading Volume

127,100


3 people like this.

2,040 comment(s). Last comment by INVEST_AA 22 hours ago

Investeye

2,347 posts

Posted by Investeye > 2019-05-10 11:26 | Report Abuse

Bought few more lots at RM0.945. ...For it attractive dividend and less impact from US/China trade war

Investeye

2,347 posts

Posted by Investeye > 2019-05-10 11:56 | Report Abuse

Matched some more around RM0.925/0.935, opportunity to accumulate

Jaya

1,585 posts

Posted by Jaya > 2019-05-17 06:16 | Report Abuse

Up up and away
Tweet tweet

Jaya

1,585 posts

Posted by Jaya > 2019-05-18 09:22 | Report Abuse

Oh what’s happening here

Jaya

1,585 posts

Posted by Jaya > 2019-05-23 07:03 | Report Abuse

Good morning all

Jaya

1,585 posts

Posted by Jaya > 2019-05-23 19:04 | Report Abuse

Kinetic
Always tweet tweet tweet on this share

Jaya

1,585 posts

Posted by Jaya > 2019-05-23 19:16 | Report Abuse

Let have 2c dividend when it comes out

Jaya

1,585 posts

Posted by Jaya > 2019-05-24 05:24 | Report Abuse

Good tweet morning everyone

Investeye

2,347 posts

Posted by Investeye > 2019-05-25 07:36 | Report Abuse

KUALA LUMPUR (May 24): Taliworks Corp Bhd said its wholly-owned subsidiary Sungai Harmoni Sdn Bhd has completed negotiations with Pengurusan Air Selangor Sdn Bhd (Air Selangor) on matters relating to the operations and maintenance of the Sungai Selangor Water Treatment Plant Works Phase 1 (SSP1).
Three agreements were executed today, including a termination and settlement agreement between Sungai Harmoni, Air Selangor, and Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash), for the settlement of Sungai Harmoni’s outstanding receivables arising from its existing operations and maintenance of SSP1.
Under terms of settlement, Splash will pay 90% of all sums due and payable to Sungai Harmoni, which as at Sept 30, 2018, amounted to RM618.33 million.
Sungai Harmoni and Air Selangor also signed a bulk water supply agreement (BWSA), appointing Sungai Harmoni for the continued operations and maintenance of SSP1 and the supply of treated water, with the agreement period extended for another seven years.
A third agreement was signed with Air Selangor in respect of the licenses for abstraction of water issued by Lembaga Urus Air Selangor, it added.
“We are delighted and thankful that this long-drawn water restructuring saga is finally coming to an end. Likewise, our outstanding receivables issue with Splash has been finally resolved and accordingly, we are hopeful that the payment received from Splash will enable us to explore more value-accretive opportunities.
“In addition, under the BWSA, we will continue with the operations and maintenance of SSP1. Subject to the renewal of the licences issued by Suruhanjaya Perkhidmatan Air Negara, the seven-year extension expiring in 2036 is expected to provide us with a stable stream of recurring income and ultimately strengthen the group’s cashflow,” Taliworks executive director Datuk Ronnie Lim said in a statement.
Separately, Gamuda Bhd announced that its 80%-owned subsidiary Gamuda Water Sdn Bhd will continue as the operation and maintenance operator for the Sungai Selangor Water Treatment Plant Phase 3 (SSP3).
This is as Air Selangor also executed two agreements — the termination and settlement agreement and the new SSP3 operations and maintenance agreement — with Gamuda Water today.
Air Selangor is the new owner of Splash, after it completed on April 22, the purchase of all 100% equity in Splash from Syarikat Pengeluar Air Selangor Holdings Bhd (Splash Holdings).
Gamuda and Perangsang Selangor own 40% and 30% stakes in Splash Holdings respectively. It was reported that Sweet Water SPV Sdn Bhd owns the remaining 30% stake

Investeye

2,347 posts

Posted by Investeye > 2019-05-25 08:28 | Report Abuse

Terms of the TSA 2.1.1 Settlement Sum (i) SPLASH will pay 90% of all sums due and payable to Sungai Harmoni under the Existing OMA: (a) (b) accumulated as at 30 September 2018, equivalent to RM618,328,257.77; and accumulated from 1 October 2018 until the date that all conditions precedent are met (“TSA Unconditional Date”), (collectively “Settlement Sum”);
(ii) SPLASH shall pay Sungai Harmoni an upfront sum equal to 10% of the Settlement Sum no later than 14 days from the TSA Unconditional Date. The balance Settlement Sum with interest of 5.25% per annum, will be payable in 9 annual instalments; (iii) (iv) if SPLASH fails to pay any Settlement Sum instalment by the agreed due date, Air Selangor guarantees and undertakes to immediately pay to Sungai Harmoni any missed Settlement Sum instalment by SPLASH together with the default interest of 6.75% per annum on each Settlement Sum instalment which SPLASH fails to pay; the Settlement Sum shall constitute full and final settlement of all amounts due and payable by SPLASH to Sungai Harmoni under the Existing OMA up to the TSA Unconditional Date.

Investeye

2,347 posts

Posted by Investeye > 2019-05-25 08:31 | Report Abuse

As the upfront payment of 10% (not lump sum of 90%) was confirmed, hope to get better dividend..

Jingweihan

1,605 posts

Posted by Jingweihan > 2019-05-25 09:28 | Report Abuse

Now tweetx3

YAPSS

216 posts

Posted by YAPSS > 2019-05-26 16:41 | Report Abuse

Hey! Today, R-Table will be covering Taliworks Corporation Berhad by presenting 10 years financial results in a short, fun & interesting way. Click the link below to watch the video.

Link: https://youtu.be/yt-xp2KyHpE
#YAPSS #RTable #TaliworksCorporationBerhad #MakeInvestingFun

Posted by Hisham Haron > 2019-05-26 20:41 | Report Abuse

Is it ok for the coming qr ?

Jaya

1,585 posts

Posted by Jaya > 2019-05-27 02:18 | Report Abuse

Tweet tweet tweet to all

Jaya

1,585 posts

Posted by Jaya > 2019-05-27 02:19 | Report Abuse

Coming qtr is good
Tweet tweet tweet

Jaya

1,585 posts

Posted by Jaya > 2019-05-27 02:21 | Report Abuse

Time to see how high can you go

Jaya

1,585 posts

Posted by Jaya > 2019-05-28 08:47 | Report Abuse

Tweet tweet everyone

Posted by Hisham Haron > 2019-05-28 14:48 | Report Abuse

Starting fly

Investeye

2,347 posts

Posted by Investeye > 2019-05-28 17:52 | Report Abuse

The Q result is considered good but the declared dividend was same (1.2 cents will pay on 27th Aug). Hope a good news will be announced by coming AGM (30th May)...

Jaya

1,585 posts

Posted by Jaya > 2019-06-26 12:02 | Report Abuse

Hi all
Tweet tweet tweet is back

Posted by wilsontts90 > 2019-06-26 19:20 | Report Abuse

Hi Hi

followKing

408 posts

Posted by followKing > 2019-06-27 18:26 | Report Abuse

when tweet is back , then something is coming:p

Jaya

1,585 posts

Posted by Jaya > 2019-07-01 08:33 | Report Abuse

Tweet tweet followKing

followKing

408 posts

Posted by followKing > 2019-07-03 11:01 | Report Abuse

tweet tweet jaya

Jaya

1,585 posts

Posted by Jaya > 2019-07-05 14:04 | Report Abuse

Tweet tweet tweet people
Good afternoon all
Good things coming this qtr

followKing

408 posts

Posted by followKing > 2019-07-10 14:09 | Report Abuse

still have more good news after SPLASH !

Jaya

1,585 posts

Posted by Jaya > 2019-07-10 14:55 | Report Abuse

Twee tweet tweet all

followKing

408 posts

Posted by followKing > 2019-07-10 15:26 | Report Abuse

Jaya
when is the coming qtr announcement ?

magus

397 posts

Posted by magus > 2019-07-10 19:49 | Report Abuse

wtf? good solid stock like Tali with good dividend yield also so little interest from punters and investors? This stock should command a premium seeing how money from Splash should be coming soon, and its business prospects are fundamentally robust. Should trade consistently around 1.00 to 1.10. Just goes to show the players in Bursa are mostly insane.

Jaya

1,585 posts

Posted by Jaya > 2019-07-17 05:09 | Report Abuse

Tweet tweet tweet
All good things come to those who wait

Jaya

1,585 posts

Posted by Jaya > 2019-07-17 05:09 | Report Abuse

Good morning everybody

followKing

408 posts

Posted by followKing > 2019-07-17 13:30 | Report Abuse

Hi Jaya ! got latest update for us ? :p

john

356 posts

Posted by john > 2019-07-17 15:01 | Report Abuse

some ppl show interest already. so many que to buy

john

356 posts

Posted by john > 2019-07-17 16:03 | Report Abuse

ok i thnk will break 0.94 this time

Jaya

1,585 posts

Posted by Jaya > 2019-07-18 04:32 | Report Abuse

John
Try break 1.00

Jaya

1,585 posts

Posted by Jaya > 2019-07-18 04:32 | Report Abuse

Followking
Ang pow coming bro

Jaya

1,585 posts

Posted by Jaya > 2019-07-18 04:38 | Report Abuse

Tomorrow willing q 91

followKing

408 posts

Posted by followKing > 2019-07-18 15:09 | Report Abuse

i love ang pow

john

356 posts

Posted by john > 2019-07-18 16:21 | Report Abuse

if break 0.94. see u at 1 .

Jaya

1,585 posts

Posted by Jaya > 2019-07-18 18:12 | Report Abuse

Tweet tweet tweet everybody
Little bird singing loudly again

john

356 posts

Posted by john > 2019-07-19 12:09 | Report Abuse

there u go.. gonna fly soon. ..

john

356 posts

Posted by john > 2019-07-19 15:58 | Report Abuse

need to break that wall in order to fly.. sigh. :(

Jaya

1,585 posts

Posted by Jaya > 2019-07-20 05:37 | Report Abuse

Followking
How is this for starters?

Jaya

1,585 posts

Posted by Jaya > 2019-07-20 05:38 | Report Abuse

95 nice

followKing

408 posts

Posted by followKing > 2019-07-23 21:20 | Report Abuse

Jaya : off loaded all at 9.45 few days ago to Eforce.
will be back once off load my Eforce these few days

john

356 posts

Posted by john > 2019-07-25 17:35 | Report Abuse

syill not able to break 0.95 wall :(

Jaya

1,585 posts

Posted by Jaya > 2019-07-29 16:07 | Report Abuse

Patience people
Tweet tweet tweet

followKing

408 posts

Posted by followKing > 2019-07-29 18:13 | Report Abuse

very patience liao :P

Jaya

1,585 posts

Posted by Jaya > 2019-07-29 20:47 | Report Abuse

Followking
Tweet tweet tweet
Just hold and wait
Back in Malaysia August

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