NotComingForYou 4 posts | Posted by NotComingForYou > Jan 18, 2024 10:35 PM | Report Abuse Reference is made to the announcements dated 24 January 2018, 27 February 2018, 25 May 2021, 24 March 2022 and 25 March 2022 in relation to Extension of Supply Agreement entered into between P.A. Extrusion (M) Sdn. Bhd., a wholly-owned subsidiary of PARB with First Solar, Inc., First Solar Malaysia Sdn. Bhd. and First Solar Vietnam Manufacturing Co. Ltd. The Board of Directors (“Board”) of PARB wishes to announce that the Company has on 17 January 2024 received Fourth Renewal of the Master Supply Agreement (“Agreement”) which signed and accepted by all parties to the terms and conditions as stipulated in the Agreement. The salient terms are as follows: - 1.This agreement superseded agreement signed on 10 March 2022 for contract period from 2 January 2024 to 1 July 2024; 2. This contract renewal is for period from 2 January 2024 to 1 July 2025 valued at up to USD231.9 million (equivalent up to RM1.076 billion); and 3. This contract may be renewed by First Solar for subsequent one (1) year period upon notice to P.A. Extrusion (M) Sdn. Bhd., not later than thirty (30) days prior to the expiration of the current term. Duration and Value of this Agreement The total contract value for this Agreement up to USD231.9 million (equivalent up to RM1.076 billion) approximately for contract period from 2 January 2024 to 1 July 2025. The exchange rate applied to this contract value is USD1.00 = RM4.64. Financial effects This Agreement will not have any impact on the existing share capital and shareholding structure of PARB. This Agreement is expected to contribute positive to the earnings and net assets of the PARB Group. Risks The risk factors affecting this Agreement includes changes in economic, regulatory and operational environment such as completion and delivery risk, fluctuation of material prices and foreign currencies which the Group would take appropriate measures to mitigate the risks. Directors’ and Major Shareholders’ Interest None of the Directors and / or major shareholders and persons connected to the Directors and / or major shareholders of PARB have any interest, direct or indirect, in this Agreement. Directors’ Statement The Board, after considering all the relevant factors, is of the opinion that this Agreement is in the best interest of PARB Group. This announcement is dated 18 January 2024. |
pinetree88 297 posts | Posted by pinetree88 > Jan 19, 2024 3:43 PM | Report Abuse The 1st solar contract is over rm1b, is very major and significant over their past annual revenue of 400+m. Think price should trend higher when the penny shares sell off is over. |
Popeye 407 posts | Posted by Popeye > Jan 22, 2024 6:43 PM | Report Abuse Engine started or still not yet? Let's have a close look soon.. |
Income 10260 posts | Posted by Income > Jan 31, 2024 8:33 AM | Report Abuse Pa is 🐀 Mike stock. See see, look look 👀 only. |
Jjtrader 1178 posts | Posted by Jjtrader > Feb 2, 2024 6:49 PM | Report Abuse Waiting for PA to show its true color |
Popeye 407 posts | Posted by Popeye > Feb 15, 2024 1:59 PM | Report Abuse Cool... new 52 week HIGH 👍 |
Popeye 407 posts | Posted by Popeye > Feb 20, 2024 8:13 AM | Report Abuse On 19 February 2024 entered into two (2) Sale and Purchase Agreements on the acquisition of two (2) pieces of vacant leasehold industrial lands with Niken Steel (M) Sdn. Bhd. [Registration No.: 201501044560 (1169881-P)] of D-23-01, Level 23, Menara Mitraland, No. 13A Jalan PJU 5/1, Kota Damansara, PJU 5 Petaling Jaya, 47810 Selangor for a total consideration of Ringgit Malaysia Twenty-One Million (RM21,000,000.00) only as per terms and conditions stipulated in each Sale and Purchase Agreements. |
Popeye 407 posts | Posted by Popeye > Feb 20, 2024 8:17 AM | Report Abuse the Proposed Acquisition of Industrial Lands is expected to be completed within six (6) months |
|
Bull13 1029 posts | Posted by Bull13 > Feb 28, 2024 12:00 PM | Report Abuse P.. recorded highest revenue ever. Pre tax profit increased 31% Declared 1s dividend. Sold past Q performance. Share price should be above 50s, I think. |
Bull13 1029 posts | Posted by Bull13 > Mar 2, 2024 10:01 AM | Report Abuse Correction. Dividend only 0.05 s |
Popeye 407 posts | Posted by Popeye > Mar 2, 2024 7:49 PM | Report Abuse @Bull13 You may be rite if they later declare another half cents for financial year of 2024 😊 |
brayok 5 posts | Posted by brayok > Mar 6, 2024 10:14 AM | Report Abuse Buy call by Rakuten. TP of 41 cts @ PER 11.😎 |
MACD 109 posts | Posted by MACD > Mar 7, 2024 12:24 PM | Report Abuse Little dividend,,,, but still dividend…will grab some 😁 |
Income 10260 posts | Posted by Income > Mar 16, 2024 11:59 PM | Report Abuse What this means is that if you go back in time and kill your grandfather, you don't exist, which means that your grandfather cannot be killed. As you can see, there are two realities occurring in parallel here. The grandfather paradox is also a key plot element in the famous Hollywood movie Tenet (released in 2020), directed by Christopher Nolan. |
Income 10260 posts | Posted by Income > Mar 31, 2024 11:59 AM | Report Abuse https://youtube.com/shorts/-yqSeHA3iDc?si=X4G0oqCEeIcYCCVX |
pineapple 220 posts | Posted by pineapple > Apr 9, 2024 9:52 AM | Report Abuse Get ready |