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    $EVERGRN (5101.MY)$
    Hint to shoot up🤔😅
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    Genting went to China and Indonesia to develop energy
    $GENM (4715.MY)$
    $Genting Sing (G13.SG)$
    $GENTING (3182.MY)$Genting today announced two energy investment projects in Indonesia and China respectively, with a total investment amount of around RM4.8 billion.
    First, Genting will issue an offshore floating liquefied natural gas production facility (FLNG) construction project contract to China's Wison Group (Wison) through its subsidiary Genting Energy, worth 962.8 million US dollars (approximately RM4.53 billion). After adding reimbursable expenses, the value can exceed 1 billion US dollars.
    At the same time, Genting also reached an agreement with China Jineng International Energy through its subsidiary to spend 100 million yuan (about RM65 million) to acquire 49% of SDIC Jineng (Zhoushan) Gas Power Co., Ltd., and then signed an intentional agreement with the Chinese state-owned enterprise SDIC Electric Power to invest about 328 million yuan (approximately RM210 million) to cooperate in the development of 2 gas power plants around Shanghai.
    The FLNG project is located in West Papua
    Genting President, Chief Operating Officer and Executive Director Dato' Sri Chen Guanghan pointed out at today's press conference that the offshore FLNG project will be located in Indonesia's West Papua province and can produce 1.2 million liquefied natural gas per year to supply the regional market.
    “Based on the current high oil and gas prices, this project is estimated to contribute 1.3 billion US dollars to Genting (about 61,700 million...
    Translated
    Join hands with Chinese enterprises and invest 4.8 billion in Genting to develop energy in China and Indonesia
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    Master has benefited from orders from First Solar and has been growing year-on-year for 7 consecutive quarters. This quarter, Master's revenue and net income reached RM42 million and RM7.2 million respectively. Compared to the same period last year, Master's growth soared to 45.1%.
    Despite facing a series of challenges in the E&E industry, management indicated that due to increased demand from existing customers, cecep solar energy (First Solar) contributed to a growth of 2.3 million Malaysian Ringgit, partly offsetting declines in other industries. This quarter saw a slight decrease in revenue compared to the previous quarter, mainly due to reduced deliveries of RM1.5 million in the cecep solar energy division due to maintenance activities for cecep solar energy customers and cost reduction measures provided to customers.
    Currently, Master is enhancing efficiency on the production line. Management expects the electronics industry to pick up this year, so they believe that delivery volumes will also increase this year. Master and L&PBHD are major cardboard suppliers to First Solar. It is believed that First Solar will benefit from US tariff policies, and it is believed that First Solar will receive more and more orders in the future. Its suppliers will also benefit from this.
    Master is one of the few paper box companies that can maintain a profit margin of over 12%. The current PE is 7.86, which is worth our attention. We will continue to observe. $MASTER (7029.MY)$
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