The Supply Scheme shall remain effective for an initial term of 10 (ten) years from the date of first supply of gas. Before the end of the initial term, both parties shall discuss in good faith on the renewal of the Agreement. The Supply Scheme is expected to generate a cumulative revenue of approximately RM180 million for the Group over a period of 10 years via monthly fixed facility fees and sales of gases.
The Supply Scheme will not have any effect on the share capital and shareholding structure of KGB and will not have any immediate material effect on the earnings per share of KGB for the financial year (“FY”) ending 31 December 2022, however, expected to contribute positively to earnings and net assets of the Group over the 10-year duration of the Supply Scheme, starting from FY 2023.
Risk factors affecting the Agreement include supply chain disruptions, construction and operation risks, skilled manpower shortages, fluctuation in exchange rates, and/or changes in political, economic, and regulatory conditions. Nonetheless, KGB has the relevant experience and expertise to undertake this Agreement and would take the appropriate measures to mitigate the risks when executing the Agreement.
None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the Agreement.
Posted by calvintaneng > 12 minutes ago | Report Abuse Listen! KGB with over half Billion Rm Receivables (IOU) might end up like Sendai Sendai crashed by 9o% from Rm1.60 to only 16 sen now when IOU turned into bad debts
It doesn't seem an apple-to-apple comparison Master Calvin
Posted by calvintaneng > 4 weeks ago | Report Abuse if can be collected then good receivables are 30 days, 60 days, 90 days or 120 days if cannot be collected then got to meet payables Receivables are Iou from goods or services given or sold there is a time limit to receive payments or later write off as bad debts payables are goods or services received and payment must be made within given time or else must borrow from banks to pay
Agreed, but you won't be merely looking at receivable would you? How abt short/long term debt, cash level, total debt ratio, client profile and other indicators you name it
It can be seen from the current price that many investors actually do not know what this KGB product is used for and how important it is to those OSAT companies, especially for testing high-end chip equipment. The current price is super cheap.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....