| |
Overview
Financial HighlightHeadlines
Business Background Ahmad Zaki Resources Bhd is principally engaged in investment holding, providing management services and operating as a contractor of civil and structural works. Its business segments consist of Construction, Oil and gas, Plantation and Property. The Construction segment is involved in the development of civil and structural works. Its Oil and gas segment deals in marine fuels, lubricants, and petroleum-based products. The company’s Plantation segment manufactures oil palm. Its Property segment comprises of property development, hotel operation, and facilities management. The company’s geographical area of operations includes countries like Malaysia, Republic of Indonesia, India, and Kingdom of Saudi Arabia.
![]() kong73 2021 saw the Plantation Division picking itself up from the lows of the previous period as reported in the 2020 annual report. 2021 saw the division surge to be the second largest revenue contributor for the Group with recorded revenue of RM124.3 million which totally surpassed the revenue of RM46.8 million recorded for the entire 18-month financial period ended 30 June 2020. The significant increase was due to a number of factors, higher utilisation of the estate’s mill, increase in internal production and higher crude palm oil (“CPO”) prices overall. 18/02/2022 6:23 PM Johnzhang Many has forgotten AZRB and MKH also have sizable oil palm plantations in Indonesia. This segment will contribute positively to the profitability of the companies . 18/02/2022 6:26 PM kong73 The Board of Directors of Ahmad Zaki Resources Berhad (“AZRB” or “the Company”) is pleased to announce that its wholly-owned subsidiary, Ahmad Zaki Sdn Bhd has on 28 February 2022 accepted a Letter of Award from MUIP (“the Award”) for a project known as “Cadangan Pembangunan Institusi Masjid Bandaraya dan Kompleks Pusat Islam, Kota Sultan Ahmad Shah, Mukim Kuala Kuantan, Daerah Kuantan, Pahang Darul Makmur – Main Building Works (Phase 1) (“the Works”). The Award for the Works amounted to a total value of RM205,430,410.68. The Works shall commence on 21 March 2022 and is to be completed within 24 months from commencement date. The Works is expected to contribute positively to the Group’s future earnings. None of the Directors and Substantial Shareholders of AZRB or any persons connected with them has any interest, direct or indirect, in the Works. The Board of AZRB is of the opinion that the Works is in the best interest of the Company. This announcement is dated 28 February 2022. 28/02/2022 8:08 PM tamp0i If you think you got extra cash to spare, then buy this and hold... Nothing to worry and nothing to lose, just a matter of time before construction bubble come back... 100% at 0.40 is piece of cake 11/03/2022 9:54 PM Musang King See Liao loh. Time for AZRB to buy back its own shares. Must support a bit lah. Cannot diam diam let it drops and drops like tahi. 15/03/2022 2:59 PM kong73 The Board of Directors of Ahmad Zaki Resources Berhad (“AZRB” or “the Company”) is pleased to announce that its wholly-owned subsidiary, Inter-Century Sdn Bhd (“ICSB”) has entered into a Rental and Bunkering Services Agreement (“the Agreement”) with Pangkalan Bekalan Kemaman Sdn Bhd to receive, store, distribute and sell marine oil and carry out bunkering activities at Kemaman Supply Base main wharf. The Agreement will be effective for a period of 10 years (“Lease Period”), commencing from 1 April 2022 until 31 March 2032, with an option to extend the Lease Period for another 10 years. The Agreement will enable ICSB to continue its bunkering activities at Kemaman Supply Base and therefore generate revenue for ICSB and AZRB Group for the next 10 to 20 years. It will not have a material effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholdings of AZRB. None of the Directors and substantial shareholders of AZRB or any persons connected with them, has any direct or indirect interest in the Agreement. The Board of AZRB is of the opinion that the Agreement is in the best interest of AZRB Group. This announcement is dated 31 March 2022. 01/04/2022 2:51 PM M55555 No luck , still have to wait. ID oil palm export ban , no good here . Lost chance to chase global market high. 26/04/2022 10:08 AM 240gpark If management is having big picture, AZRB one day also can be like Gamuda. 26/04/2022 2:17 PM M55555 https://www.thestar.com.my/aseanplus/aseanplus-news/2022/05/19/indonesia-lifts-palm-oil-export-ban-in-relief-to-global-market-govt-makes-decision-after-improvements-in-local-supply-and-prices 19/05/2022 10:37 PM Believe3222 ........................................................ pA uZ kR iB 52weeks lowest! 24/05/2022 6:42 PM Legend Ahmad Zaki Resources Bhd’s (AZRB) net loss for 3QFY22 was reeled back to RM16.33 million from RM26.77 million a year ago, as its plantation division incurred lower pre-tax loss. Quarterly revenue slumped 16.61% to RM181.27 million from RM217.37 million, as the revenue contribution from its engineering and construction division retreated, which more than offset stronger contribution from its oil and gas division. 28/05/2022 9:48 AM cktay For all civil main contractor packages, bumiputera participation is mandatory Industry players must form JVs or consortiums with bumiputera construction companies. All partners in the JV/consortium to declare their ultimate beneficial ownership The minimum required percentages of effective bumiputera ultimate beneficial ownership are 31% for CMC301 and CMC302, and 20% for CMC303, and the percentage of bumiputera work share at Tier 2 will be at least of the same value as the effective bumiputera ultimate beneficial ownership in respective packages. MRT Corp’s intention to have capable bumiputera players participating in the MRT3 project and, more importantly, they must be active members of their JV/consortium with their own work scope. MRT Corp is currently the running open tender process for the MRT3 Circle Line’s four main contract packages with an approach that will transform the construction sector and rejuvenate the economy. MRT3's construction cost to be around RM31b, and be operational by 2030. https://ceomorningbrief.theedgemalaysia.com/article/2022/0392/Home/9/623695 After a drought of projects for several years, hopefully AZRB's future going forward will be better as there are not many Class Bumiputra contractors. At current price I would think it is ridiculous to sell! 15/06/2022 1:40 AM HawardHo https://klse.i3investor.com/web/blog/detail/ReviveInvestment/2022-09-02-story-h1628877565-Exciting_Times_Coming_Ahead_for_G_NEPTUNE_BHD_GNB 02/09/2022 6:51 PM M55555 Sikit action today. Start soon https://www.malaymail.com/news/malaysia/2022/09/09/pm-ismail-sabri-govt-to-continue-four-projects-under-east-coast-development-council/27357 09/09/2022 5:31 PM trade74 Ada pick of shares at 0.18-0.185... anything interesting coming in December... 04/12/2022 9:33 AM bbc99 some good news, https://www.bharian.com.my/berita/nasional/2023/02/1067996/lebuhraya-ekve-dibuka-secara-berperingkat-tahun-depan 04/03/2023 1:53 PM ![]() ![]() | |