JAKS RESOURCES BERHAD
KLSE (MYR): JAKS (4723)
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Last Price
0.135
Today's Change
0.00 (0.00%)
Day's Change
0.135 - 0.14
Trading Volume
3,277,200
Major Holders Breakdown
Current Holdings
Name
No. of Shares
Percentage
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
Historical Transactions
| From | To | Type | No. of Shares | Min Price | Max Price |
|---|
Discussions
41 people like this. Showing 50 of 65,208 comments
Start of Bull is smart.. sold off all at 19
That coconut Felix still stuck on penthouse 19 floor 🤣
Wonder when can he jump off this pirate ship 😁
1 week ago
Hahhaha.. Since when i3 has a profit/loss meter on personal wealth? 🤣🤣🤣
Lose is lose... Coconut Felix dont need to pusing2 🤣🤣🤣
As if you win, you report how much you won... now say lose 2k only 🤣🤣🤣
What a pusing2 loser
Dont forget your losing challenge in Pmcorp expiring in 4 months. 😁😁
1 week ago
Huh.. Coconut Felix is sick?
When did I not accept your challenge?
Everyone knows you running away from all my challenges.. like you bff Miketikus.
Why pusing2 again to challenges? Lost out again? Caught pusing2 again? cacing squirm again? 🤣🤣🤣🤣
Make 1 challenge now if you dare. Dont make it 1 sided as you usually do ya 🤣🤣🤣
1 week ago
The person claimed have 13 id in i3 and 4 is suspended !
Genovese ( suspended )
Mikecyc ( Suspended )
Johnchew5 ( Suspended )
Limpek1510 ( Suspended )
jjohnchew ( still active )
Genovese
Anakin Skywalker I got 13 IDs waiting got you to flag red. 😆
1 week ago
1 week ago
KUALA LUMPUR (Dec 23): The Energy Commission (EC) was to inform winners of the fifth large scale solar bidding round (LSS5) beginning Monday, following nine months of deliberation since it was opened in April this year.
In a statement, the EC said the bids have already been reviewed for the projects totalling 2,000 megawatt (MW), which are slated for commercial operations in stages in 2026 and 2027.
However, unlike past practices, the commission did not reveal the list of winners in the statement, nor the range of the winning bids.
1 day ago
Jaks should be awarded, as probably another 20 other companies
Issue is not winning the contract, but how can Jaks come out with capital.
For sure another round of PP.. 😉
1 day ago
hoho MrFox...
i would be very surprised if Jaks never go for another round of PP or RI...😂
23 hours ago
Today selling changing all the times like Christmas tree lighting but not much done ?
23 hours ago
See Jaks on monetise the Penang land for RM 77.74 million on 9/9/2024 , net book value as at December 2023 is RM 15.97 million with a net pro forma gain of RM50.38 million.
Jaks sold Penang land total 72.23 hectares for RM 77.74 million , ie : RM 1,076,284 per hectares >>> RM 435,566 per acre .
The other Land is used for LSS4 50 MW Solar Farm which is COD on August 2023 .
22 hours ago
Hoho no worries if investors still interested on PP fund raising …
As posted earlier:
Jaks 51 % : CPECC 49 % submitted tender 200 MW for LSS5 bid ( with intention up to limit 500 MW ) , EPCC is estimated RM 800 million ( although a newspaper had published it ) :
Jaks 51 % : RM 800 million x 0.51 = RM 408 million.
As referring to Vietnam JV Power Plant 1200 MW , EPCC RM 8.7 billion:
Equity 25 % , Loans 75 % .
An illustration:
Equity 25 % : 800 x 0.25 x 0.51 = RM 102 million
> EPC contract on Solar Farm construction: 800 x 0.3 x 0.2 ( profit ) = RM 48 million.
102 million- 48 million = RM 54 million can be opt from :
1.) > Accumulated Profit :
March 2016 = 55,453,000 … > June 2024 = 369,116,000 > September 2024 = 391,407,000
Or
2.) Jaks non current asset :
Investment in Joint Venture:
> June 2024 = 943 ,960,000
> September 2024 = 980,252,000
On 75 % Loans , all parties had learned from LSS4 Tender .. need time for syndicated Loans esp on Green Loans ( lower interest rate ) .
> Jaks Gearing Ratio :
2QR ended June 2024 :
Gearing Ratio = 0.303X
3QR ended September 2024 :
Gearing Ratio = 0.298X
22 hours ago
Hoho TNB has firm Budget RM 90 billion over the next 6 years until 2030 to upgrade its Power Grid system n structure as Third Party Access ( TPA ) … to export RE electricity cross border n to Corporate companies like Data Center..
21 hours ago
TNB TPA mulling charges is announced on August 2024 … CRESS is effective from September 2024 after 1 month discussion with industry players…
21 hours ago
Repost:
Cash and Cash Equivalents
Cash and cash equivalents included in the cash flow statements comprise the following balance sheet amounts.
Current Year Preceding Year
9 Months 9 Months
ended ended
30-Sep-2024 30-Sep-2023
RM'000 RM'000
Deposits placed with licensed banks 12,079 34,404
Cash & bank balances 23,818 36,808
Bank overdrafts (5,891) (5,963)
30,006 65,249
Less : Deposit held as security values (12,079) (34,404)
Bank balance held as security values (5,585) (214)
Debt service reserves account (8,364) (11,240)
3,978 19,391
Jaks only balance available cash as at 30-Sept 2024 RM 3,978,000
Enough to pay salarly for the next 3 months or not?
20 hours ago
一个像Miketikus 這样白痴已無藥可救明明Jaks 是一只烂到不能再烂的烂股也只有他自己一个人天天抱着来睡觉还自己天天非把這只烂股说成什么好股！可悲呀 😂😂😂
19 hours ago
Jaks only have one end destiny is deleted on our stock market and disappear for ever 😆
18 hours ago
Hoho what a pity le ..
used aka id Alibaba n others promoted Lambo since 2020 without facts n figures … until is Delisted on October 2024 …
Oh Alibaba is aka id of YongkimFool ke ..
>Alibaba
kimfooyong
—-
Posted by JediMaster1 > 5 hours ago | Report Abuse
一个像Miketikus 這样白痴已無藥可救明明Jaks 是一只烂到不能再烂的烂股也只有他自己一个人天天抱着来睡觉还自己天天非把這只烂股说成什么好股！可悲呀 😂😂😂
13 hours ago
Hoho KonLee the expert in Financial Accounting also -don’t play play le he had gone thru 3 months Accounting course le .. betul tak …???
So he always posted Jaks Return in Operating is Failed but I stress look at Finance investing as Vietnam Power Plant 1200 MW EPCC RM 8.7 billion is an associate company with 30 % … Revenue is not recognised…. Only Share of Profit n Dividend.
So KonLee what Yinson Financial Report shl be different starting next financial year ???
Hoho will it be like TDM case ? During MFRS standard on 2019 … TDM with new auditor on 2019 , rectified the Mis-location issues, FY2019 is in Huge Loss , rectified FY2018 from Profit to Loss …. FY2020 to FY2022 is incurred Losses..
>>>
This is so that Yinson’s investors can have a better understanding of how the accounts will look from a finance lease and operating lease perspective.
IFRS is still what Yinson is required to follow. Even though presenting the operating lease numbers is not in line with IFRS, it is something that Yinson will look at doing better to explain its numbers in the next financial year.
13 hours ago
Jaks non current asset :
Investment in Joint Venture:
QR ended
> March 2016 = 128,297,000
> March 2019 = 197,171,000
> March 2020 = 362,479,000
> March 2021 = 601,150,000
( note : Profit from Construction of the Power Plant is ard RM 400 Million .. Final COD on January 2021 )
> March 2022 = 748,656,000
> March 2023 = 829,105,000
> September 2023 = 897,378,000
> December 2023 = 904,495,000
> March 2024 = 936,836,000
> June 2024 = 943 ,960,000
> September 2024 = 980,252,000
13 hours ago
Jaks 👉👉👉
2QR ended June 2023 :
> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )
>> Accumulated Profit on 3QR ended September 2023 : 350,327,000
👉 》〉Accumulated Profit on 4QR ended December 2023 : 348,126,000
👉👉 Accumulated Profit on 1QR ended March 2024 : 361,786,000
> Accumulated Profit :
March 2016 = 55,453,000
> June 2024 = 369,116,000 .
> September 2024 = 391,407,000
13 hours ago
Hoho Jaks got 2 Cash Cow Projects with Commercial Operating Date :
1) Vietnam Power Plant 1200 MW : January 2021 with BOT 25 years contract .
2) Local Solar LSS4 Project 50 MW in Penang : is COD on 21 August 2023 with 25 years TNB PPA ( increased from 21 years )
👉Looking forward to Solar CGPP 30 MW project which is scheduled COD by end 2025 ..
13 hours ago
1.) Vietnam Power Plant Share of Profit n Dividends :
2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )
2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .
2022 : RM 156.2 million , Dividend RM 70.0 million
2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M , 4QR = RM 34.503 M plus Dividend RM 27.386 M
2023 : RM 131 million , Dividend RM 27.385 million
Total Share of Profit = RM 431.703 Million
Total Dividend = RM 97.386 Million
Total = RM 529.089 Million
> Share of Profit in QR ended March 2024 =
RM 32.384 million
>> Total = RM 561.463 million
> Share of Profit in QR ended June 2024 = Rm 21.33 million
Dividend = RM 14.21 million
👉 Total = RM 597 million.
> > Share of Profit in QR ended September 2024 = Rm 36.29 million
👉Grand Total 🟰 RM 633.3 million 👍
> Jaks 30 % share in Vietnam Power Plant Joint Venture invested ard RM 600 Million.
( RM 400 million is from the Profit of Construction contract of the Vietnam Power Plant, EPC2.)
Initially PayBack 8 to 9 years ..
Referring to the Grand Total , PayBack period is by 2024 .. ie : from 2021 to 2024 ~~ 4 years ..
👉From Vietnam Power Plant 1200 MW EPCC RM 8.7 Billion started on October 2016 ,
Payback period is 8 years.
按照购电协议，电力售价将随原料价格波动。意味着业务盈利贡献获得保证。Jaks管理层曾透露内部回酬IRR介于12%，PAYBACK PERIOD为8至9年
👉👉👉 Jaks Vietnam JV Power Plant 1200 MW , EPCC RM 8.7 billion is COD on January 2021 with recurring Income for 25 years 👍.
13 hours ago
Jaks Annual Revenue and Net Profit / ( Loss ) :
1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )
2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million. ( Vietnam Joint Venture Power Plant 1200 MW with EPCC RM 8.7 billion is COD on January 2021 )
3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.
4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..
5.) FYE 2024 :
>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.
>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million.
>>👉3QR : RM 14.1 million with Net Profit RM 22.5 million.
( Note : Vietnam Power Plant Joint venture company is 30 % .. an associate company) .
13 hours ago
See Jaks insiders had been monitoring n controlling the Gearing Ratio in a Healthy Level :
> FYE2015 : 0.80 X
1.) FYE2019 : 0.43 X
2.) FYE2020 : 0.34 X
3.) Referred to FY23 , 1 QR ended March 2023 : 0.38 X
4.) Referred to FY23 , 2QR ended June 2023 : 0.36 X
5.) Referred to FY23 , 3QR ended September 2023 : 0.35 X
6.) Referred to FY23 , 4QR ended December 2023 : 0.35 X
7.) 1QR ended March 2024 :
Gearing Ratio = 0.29 X
8.) 2QR ended June 2024 :
Gearing Ratio = 0.30 X
9.) 3QR ended September 2024 :
Gearing Ratio = 0.30 X
13 hours ago
Hoho really laugh live me lo … own claimed TA n FA Guru in Yinson but did not understand Labour Expenses and Capex …. Now on Current Ratio :
Jaks Current Ratio is 1.04 …. that means Jaks Working Capital can Last for 12.5 months ….
Where as KonLee promoted :
1.) SCIB with TP RM 1.00 by early 2025 … the Major is on Force Sell in July 2024. .
2.) Omesti : Current Ratio 0.51 , ie : Working Capital is only can Last for 6 months ..
—-
Posted by Sslee > 6 hours ago | Report Abuse
Repost:
Cash and Cash Equivalents
Cash and cash equivalents included in the cash flow statements comprise the following balance sheet amounts.
Current Year Preceding Year
9 Months 9 Months
ended ended
30-Sep-2024 30-Sep-2023
RM'000 RM'000
Deposits placed with licensed banks 12,079 34,404
Cash & bank balances 23,818 36,808
Bank overdrafts (5,891) (5,963)
30,006 65,249
Less : Deposit held as security values (12,079) (34,404)
Bank balance held as security values (5,585) (214)
Debt service reserves account (8,364) (11,240)
3,978 19,391
Jaks only balance available cash as at 30-Sept 2024 RM 3,978,000
Enough to pay salarly for the next 3 months or not?
12 hours ago
Know how much yearly insas share of profit from Inari, quaterly dividend from Inari and on and off gain on disposal of inari.
First time I see you can add share of profit + dividend and get a total profit🤣🤣🤣
Untill now he still can't understand share of profit is just paper profit and did not contribute to cash inflow LOL.
If you insist to invest in Jaks then come back in year 2030.
6 hours ago
Oh on sslleee beloved stock Insas Value Trap :
Hoho Insas the only best investment is on Inari .. Why ???
Dato' Dr Lee Chung Wah spent more than a decade in financial technology when he assumed the position of CEO and executive director of J & C Pacific Sdn Bhd (a subsidiary of INSAS Berhad, which is listed on the Main Board of Bursa Malaysia) from 2009 to 2016. He was in charge of several business units in Asean region.
He was in charge of several business units in Asean region. As a serial techno entrepreneur and investor, he is one of the partners of International Supply Chain Alliance Ltd. Hong Kong, a leading supply chain and logistics platform internet company which owns www.oym56lm.com with main operations in the Greater China.
As an active Fintech entrepreneur, Dato' Dr Lee was listed as an inventor to several granted patents under the Patent Cooperation Treaty and World Intellectual Property Organization in Australia, Singapore, United States of America and others. Prior to that, he was the general manager of INSAS Berhad from 2006 to 2007.
👉👉👉Hoho How Good is Insaf Investment after 2017 ???
Omesti ? Hohup ? Microlink ? Divfex ? Fashion n Beverage company ( not listed ) , and Duramitt ( a glove company, thru associate company Divfex ( from 19% to 25% to current ard 34 % ) invested RM 40 Million in Duramitt ( 50.1 % ) on November 2020 .. New Glove factory is Operational on June 2021 .. How much is the Losses Until Today ???
Even no corporate structure that use to plan corporate taxes …shl stripping u slowly n softly…
5 hours ago
Hoho I am posted Top Glove TP RM 3.40 on 4/12/2020 , ard 2 weeks earlier than JPM TP RM 3.50 ..
And posted the study on Nitrile Gloves Demand vs Supply of 7 Local Gloves company on August 2020 that Supply Shl fulfil Demand in 12 months …
👉As posted earlier , Insaf keep selling Inari Shares although market price is Low on 2019..at prices ranging from RM 1.68 to RM 1.81 , ( of coz Insaf buying price is low .. as low as ard RM 0.38 .. I did bought Insaf n Inari during Ah Sweet keep buying Inari .. with mentioned Dato' Dr Lee Chung Wah background…
Insaf holding Inari shares is greatly reduced from 2012 … 43 % to currently 12.6 % …
5 hours ago
Know what just this two stocks insas and jayatiasa already eraned me million this year. While somone still trapped high in jaks
5 hours ago
@ SSLee
I admire your patience in explaining to that financially illiterate Miketikus
So far none questions posed to him, comes back with a logical answer 🤣🤣🤣
Posted by Sslee > 1 hour ago | Report Abuse
Know how much yearly insas share of profit from Inari, quaterly dividend from Inari and on and off gain on disposal of inari.
First time I see you can add share of profit + dividend and get a total profit🤣🤣🤣
Untill now he still can't understand share of profit is just paper profit and did not contribute to cash inflow LOL.
If you insist to invest in Jaks then come back in year 2030.
4 hours ago
Hoho Jaks is turn around to be a potential Growth stock , why ? :
A) Jaks CEO ( the only substantial shareholder from 9.9 % ( 2017 ) to 14 % ( 2023 ) , after Uncle K intention to take over with 30 % on 2017/2018 , is failed ) had successfully steered the company diversified into Power industry: Vietnam Joint Venture Power Plant 1200 MW with CPECC , EPCC value RM 8.7 Billion… construction is started on October 2016 , fully Commercial Operating Date on January 2021 with BOT 25 years concession , ie : until 2046 .
As an 30 % associate joint venture company contributing share of profit n Dividend to Jaks since 2021 :
Jaks Annual Revenue and Net Profit / ( Loss ) :
1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )
2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.
3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.
4.) FYE 2023 : Rm 37.787 million with Net Profit RM 15.527 million..
5.) FYE 2024 :
>> 👉1QR : RM 14.2 million with Net Profit RM 12.4 million.
>> 👉2QR : RM 13.1 million with Net Profit RM 8.4 million.
>> 👉 3QR : RM 14.1 million with Net Profit RM 22.5 million.
B ) LSS4 50MW Solar Project in Penang is COD on August 2023 with 25 years TNB PPA ( increased from 21 years ) , ie until 2048.
1.) QR ended September 2023 :
Revenue : 3.3 Million , Loss ( RM 1.4 Million)
1.) QR ended March 2024 :
👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18%
2.) QR ended June 2024 :
Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %
3.) QR ended September 2024 :
👉 Revenue : 4.7 million, Profit RM 0.3 million.. 6.38 %
👉👉 Average Profit % for 9 months of 2024 is 10.94 %
-
C.) CGPP 30MW Solar project is awarded on August 2023 to Jaks consortium with 2 partners ( Jaks holding 51 % ) …COD is scheduled by 4Q 2025 .
Jaks Shl be benefited on the EPC contract also .
CGPP winners can sell RE electricity directly to end user / customer, but thru TNB power grid as TPA ( Third Party Access ) . CRESS is effective on September 2024 , but the Mulling charges is announced oredi on 22/8/2024 .
Update : CRESS is effective from September 2024 after 1 month discussion with industry generators/ players ) .
800 MW CGPP winners even can sell RE electricity cross border.
D.) LSS5 2000MW Solar Project, EPCC value is estimated RM 7.2 Billion, tender RFP dateline is brought forward to 25/7/2024 from December 2024 ):
Jaks partner again with CPECC ( Vietnam 1200 MW Power Plant partner 70 % ) >>> Jaks 51% : CPECC 49% , tendered 200MW ( with intention up to limit 500 MW ) …..
👉Land : 1730 acres in Terengganu is leased from TDM . Can be a 200 MW to 500 MW Solar Farm depending on Solar Panel efficiency 12 % or 18 % .
E.) CAGR : 3Y + 29.9 % TTM + 41.2 %
4 hours ago
LOL.. this Miketikus so funny.
Post so much gibberish on Jaks 🤣
What is Jaks cash flow position for the last 3 years?
Jaks Vietnam power venture earning not as planned
Jaks LSS4 earnings also not as planned
Even have to PP to pay bank debts and working capital
Now tender new project, ask again for PP
Is this a good sign? Maybe to Miketikus as he is caught at 19c for 18 months 😂
4 hours ago
Those who missed last 2 rounds
from 0.125/0.13 to 0.205 and 0.13 to 0.185, now is another chance for you to buy at 0.13/0.14 and resell at 0.18/0.185 to 0.195/0.205,
30% - 40 %, a Good returns compare to fixed Deposit rates
2 hours ago
If you buy 0.13/ 0.135 this round, just hold until jaks hit your target price of 0.18/0.18, or
0.20/0.205, any day from now.
If drop to 0.12 / 0.125, just double average down
Let say you buy jaks
100,000 shares x 0.13/0.135
if drop to 0.12/0.125
just double average down to buy
200,000 shares x 0.125/0.13
then Wait for your Good returns within 1 - 6 months
Very much better compared to fixed Deposit rates
I noticed some commented Jaks Will drop to
0.10
0.05
0.01
Or 0.005
Number of shares issued for Jaks = 2,606 Millions
If jaks drop to 0.01
Total market capital = 2.606 billions x 0.01
= RM 26.06 Millions
So, 51 % x RM 26.06 Millions
=. RM 13.29 Millions
So , anyone With RM 13.29 Millions can just buy and become main shares holder
and appoint him self as CEO cum chairman also and get salaries and other benefits of
RM 10 Millions ++
One year can recover back your investment
Good deals
2 hours ago
TDM, JAKS Solar Power bangun ladang solar RM800 juta di Terengganu
BeritaHarianThu, Jul 25, 2024 10:08pm - 4 weeks
KUALA TERENGGANU: TDM-YT Plantation Sdn Bhd menandatangani perjanjian persefahaman (MoU) dengan JAKS Solar Power Holdings Sdn Bhd untuk membangunkan ladang solar berskala besar di Lembah Bidong, Setiu.
TDM-YT Plantation merupakan cabang perladangan TDM Bhd, syarikat milik kerajaan negeri Terengganu.
Pengerusi Ahli Lembaga Pengarah TDM-YT Plantation, Burhanuddin Hilmi Mohamed @ Harun, berkata pembangunan ladang solar seluas 700 hektar berkapasiti 200 megawatt (MW) itu membabitkan pelaburan bernilai RM800 juta.
"Kerjasama itu adalah sebahagian daripada usaha kerajaan negeri untuk mengurangkan kebergantungan terhadap bahan api fosil serta menggalakkan penggunaan sumber tenaga yang lebih bersih dan mampan," katanya dalam satu kenyataan hari ini.
Menurutnya, TDM-YT Plantation dijangka memeterai perjanjian pajakan bersama Konsortium JAKS, gabungan kerjasama antara JAKS Solar Power Holdings dan China Power Engineering Conaulting Group International Engineering Co. Ltd, yang bakal menawarkan potensi keuntungan sebanyak RM1 juta setahun kepada syarikat tersebut.
"Kami berharap kerjasama antara kedua-dua pihak ini akan membawa kejayaan besar serta impak positif kepada peningkatan sosio ekonomi negeri Terengganu," katanya.
Sementara itu, Pengarah Eksekutif JAKS Resources Bhd, Datuk Razali Merican Naina Merican, berkata kerjasama itu perlu bagi memudahkan tawaran bidaan JAKS Solar Power Holdings sebagai pemajak yang akan dikemukakan kepada Suruhanjaya Tenaga.
Beliau berkata, Konsortium JAKS berpotensi meningkatkan kapasiti tenaga boleh baharu di Terengganu, sekali gus memberi pelbagai manfaat kepada masyarakat setempat.
2 hours ago
Hoho so far any LSS5 2000 MW EPCC RM 7.2 billion Bidder had planned the Land ??? Only Jaks as far as I had study .
1730 acres land in Terengganu for 200 MW to 500 MW Solar Farm depending on Solar Panel efficiency: 12 % or 18 % .1
1 hour ago
Hoho need to lease more Solar Farm Land ke for more Solar Farm Projects ke :
FY2023 Annual Report:
TDM Plantation Sdn Bhd (TDMP), a wholly-owned subsidiary of TDM, involves in the development
and management of 13 palm oil estates strategically located in Terengganu. Spanning a substantial
landbank of 41,092 hectares (ha), these estates feature a cultivated area of 28,531 ha.
1 hour ago
JAKS Resources looking to build solar PV plants in Merang, Terengganu
By Faiqah Kamaruddin
July 25, 2024 @ 7:44pm
KUALA LUMPUR: Construction and power utilities firm JAKS Resources Bhd today signed a memorandum of understanding with TDM Bhd to explore the use of TDM-owned land in Merang, Terengganu to develop a solar photovoltaic (PV) plant there.
An MoU was signed between JAKS Resources subsidiary JAKS Solar Power Holdings Sdn Bhd and TDM's TDM-YT Plantation Sdn Bhd for the proposed lease of lands in Merang, Terengganu for the development of solar PV plant under the Energy Commission's fifth Large Scale Solar programme (LSS5).
JAKS Resurces chief executive director Andy Ang Lam Poah said the agreement enables it to secure a lease land agreement, which is essential for the Energy Commission's fifth Large Scale Solar (LSS5) programme.
👉👉👉On July 12, JAKS Resources said it partnered with Shanghai-based China Power Engineering Consulting Group International Engineering Co Ltd (CPECC) to bid for the development of solar PV plants with a maximum aggregate capacity of 500 megawatt of alternating current.
"Our partnership with CPECC has the potential to increase renewable energy capacity in the state of Terengganu and brings benefits to the local community.Leveraging our robust capabilities and strong track record in renewable energy projects, we are confident in the success of this initiative," he said.
1 hour ago
If you have RM 135,000
and you buy 1,000,000 shares x 0.13 = RM 130,000
and you sell your Jaks 1,000,000 shares as below :
200, 000 shares x 0.195
200,000 shares x 0.235
200, 000 shares x 0.265
200,000 shares x 0.295
200,000 shares x 0.335
So, your Total average selling price for
1,000,000 shares x 0.265
Profits = 100 %+ /-
Investment RM 130,000
profits for 3 months - 2 years
Can be considered a very Good returns
Examples like JCY from 30 sens ++ to 90 sens ++
Notion from 0.50 ++ to 2.00 ++
Just Less Than a year
55 minutes ago
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Sslee
Priva already overtake jaks because of below MOU.
When will ALP also come up with MOU for Data ceter?
PRIVA
0.140
+0.005 (+3.7%)
MEMORANDUM OF UNDERSTANDING Privasia Technology Berhad [Registration No.: 200801023769 (825092-U)] (PRIVASIA or the Company) Memorandum of Agreement between Privabytes Sdn. Bhd (formerly known as Digital Medtech Solutions Sdn. Bhd.), an indirect subsidiary of Privasia, MARA Incorporated Sdn. Bhd. and FELCRA Berhad.
1 week ago