P.A. RESOURCES BHD

KLSE (MYR): PA (7225)

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Last Price

0.34

Today's Change

-0.005 (1.45%)

Day's Change

0.34 - 0.35

Trading Volume

13,013,600


4 people like this.

5,711 comment(s). Last comment by Popeye 2 days ago

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-10 11:30 | Report Abuse

Oh Heard rumours leh … vt son involved drug case leh ….

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-10 11:31 | Report Abuse

Haha my previous V.P case study said 1 sen Shl Gain 5 figure leh … hahahaha


Posted by Macrullen > 5 minutes ago | Report Abuse

345 boleh ka? 345 can make 50k, got money for CNY d.

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-10 11:40 | Report Abuse

Haha PM kena lebih rajin dan smart main peranan leh … Baru KLSE boleh pecah 1500 …

UlarSawa

34,426 posts

Posted by UlarSawa > 2023-01-10 12:10 | Report Abuse

Like this Tan Sri Vincent Tan need to sell more saham leh. The higher the price he get more angpow leh. Not give angpow like this leh. Wonder why he unload saham to his son in law ini macam kira not related party kira vested interest meh. Ini macam cari loop hole for his son in law to get big angpow for CNY kah. His cost is very cheap leh. Direct deal only pun can get 25sen at current price his son in law get big angpow leh. Haiyoh. Correct?


KUALA LUMPUR (Jan 6): Berjaya Corp Bhd (BCorp) chairman Tan Sri Vincent Tan Chee Yioun has divested 40 million shares or 0.7% stake in the group to his son-in-law SM Faliq SM Nasimuddin for RM10 million or 25 sen per share.

SM Faliq, who is deputy group executive chairman of Naza Group, is married to Vincent Tan’s daughter Chryseis Tan Sheik Ling.

Stock exchange filings show that Chryseis Tan, who is also BCorp’s non-executive director, acquired the shares in two tranches (34.52 million shares and 5.48 million shares) through her spouse.

UlarSawa

34,426 posts

Posted by UlarSawa > 2023-01-10 12:14 | Report Abuse

Kossan Tan Sri Lim pun jadi Tan Sri Vincent Tan punya kawan kawan beli saham from him using Kossan company money leh. Like this why Kossan takda made annoncement di Kossan sana leh. Semua pun takda follow Bursa law kah. Senyap senyap beli saham takda report to the shareholders tau one kah. Haiyoh. Correct?

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-10 15:16 | Report Abuse

Haha must stay above 30 sen leh … see see look look the string is strong enuf ke ….

Macrullen

351 posts

Posted by Macrullen > 2023-01-10 15:25 | Report Abuse

Boleh lah, chinhin boss aluminium subsidiary wanna partner up PA increase production mah. Up up up.

Sslee

4,184 posts

Posted by Sslee > 2023-01-10 19:18 | Report Abuse

Director sudah disposed at 30 cents.
Name
Details of Changes
View
Date
Type
No. of Shares
Price
DATO' WANG SZE YAO @ WANG MING WAY 09-Jan-2023 Disposed 300,000 0.300 View

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-10 20:11 | Report Abuse

Dato’ Wang Sze Yao @ Wang Ming Way (“Dato’ Wang”), a Malaysian, male, aged 55, was appointed as an Independent Non-Executive Director of P.A. Resources Berhad (“PARB or the Company”) on 18 November, 2014. He was also appointed as a member of the Audit Committee and Nominating Committee on 13 November 2015. He was re-designated as Chairman of the Nominating Committee on 24 May 2019. On 29 August 2017, he was appointed as a member and Chairman of Remuneration Committee.

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-10 20:12 |

Post removed.Why?

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-10 20:15 |

Post removed.Why?

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-10 20:17 | Report Abuse

Datuk Seri Lau Kuan Kam (“Datuk Seri Lau”), a Malaysian, male, aged 59 was appointed as an Independent Non-Executive Chairman of P.A.Resources Berhad (“PARB” or “the Company”) on 25 August 2014. He ceased to be a member of the Nominating Committee on 29 August 2017. He was subsequently re-designated as Group Managing Director of the Company on 16 May 2017. He was also a member of Remuneration Committees since 13 November 2015. Datuk Seri Lau began his career in 1981 as a Sales & Marketing Representative with Union Auto Mobil after graduating from high school. In 1987, he joined Bio-Organo Fertilizer Sdn Bhd as Marketing Manager. In year of 1990, Datuk Seri Lau founded Twin Arrow Fertilizer Sdn Bhd in the field of manufacturing fertilizer products. He expended the business into Twin Arrow Organic Sdn Bhd and Synetics Agriculture Sdn Bhd (“TAO”) in 2000. TAO has grown to become one of the largest manufacturers of compound, compact, mixtures and organic hybrid fertilizers in Malaysia. Twin Arrow Fertilizer Sdn Bhd was awarded The Inaugural Malaysia Brand Award in 2017.Datuk Seri Lau Kuan Kam has been awarded as the entrepreneur of the year in The 3rd Malaysia Golden Entrepreneur Award 2017.

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-10 20:23 |

Post removed.Why?

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-10 20:26 |

Post removed.Why?

UlarSawa

34,426 posts

Posted by UlarSawa > 2023-01-11 09:10 | Report Abuse

Haiyoh Chan Mali Chan continue pecah 31 sen liao leh. Look like ada more traders sudah notice the hidden gem continue to climb the hill to make new high kah. Haiyoh. Correct?

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-11 10:25 | Report Abuse

Haha see see look look can jump over 0.35 ke … cheers …

Macrullen

351 posts

Posted by Macrullen > 2023-01-11 10:55 | Report Abuse

Come on 0.35

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-12 17:16 | Report Abuse

Haha 0.34 … get ready to jump over 0.35 ke …

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-26 12:55 |

Post removed.Why?

High5

1,269 posts

Posted by High5 > 2023-01-26 17:33 | Report Abuse

Owner alrdy gave notice to deal after closed hours

High5

1,269 posts

Posted by High5 > 2023-01-26 19:43 | Report Abuse

Is he acquiring more in anticipation of announcing a qr or is he disposing?

Mikecyc

43,345 posts

Posted by Mikecyc > 2023-01-26 20:41 |

Post removed.Why?

roger3210

4,911 posts

Posted by roger3210 > 2023-02-02 14:26 | Report Abuse

FYI, First solar being major client of PA, hit highest since 2010. more than 80% of PA revenue come from First Solar, and last year First solar extended PA contract.

Posted by Sawasdee Krab > 2023-03-24 22:50 | Report Abuse

Walau... without MikeTikus memang tak boleh UP..???
Gonna Call MikeTikus to report here once his suspend lifted..
Ular mesti ada Tikus.. baru ada ONG!

PS: jangan jangan telah Ditelan oleh Ular.. Haha!! Karb...

$$ BUYSELL $$

1,707 posts

Posted by $$ BUYSELL $$ > 2023-06-13 22:20 | Report Abuse

Many sleeping counter begin to play next step is watch volume PA and price 0.26 cents . Once no more sell 0.26 cents the Start is ready.

sbilis

50 posts

Posted by sbilis > 2023-10-01 17:47 |

Post removed.Why?

Posted by smallbilis > 2023-10-02 06:04 |

Post removed.Why?

Posted by smallbilis > 2023-10-02 17:05 |

Post removed.Why?

StingRay

6,743 posts

Posted by StingRay > 2023-10-02 18:32 | Report Abuse

I guess Jaks will end up like this counter.

StingRay

6,743 posts

Posted by StingRay > 2023-10-02 20:28 | Report Abuse

Oh ya... that Mike fella is the same person as John. Two different IDs by same person. What a con. 🤣🤣🤣

Posted by smallbilis > 2023-10-03 16:05 |

Post removed.Why?

Posted by SJNTFTNHHH > 2023-11-06 15:51 | Report Abuse

Huat Huat ......

pineapple

219 posts

Posted by pineapple > 2023-11-15 15:13 | Report Abuse

Level 4

xyaaa2

13 posts

Posted by xyaaa2 > 2023-11-22 09:36 | Report Abuse

pa gogogo

xyaaa2

13 posts

Posted by xyaaa2 > 2023-11-22 09:37 | Report Abuse

so quiet geh

Posted by StockSniffer > 2 months ago | Report Abuse

brewing

fl888

7,441 posts

Posted by fl888 > 1 month ago | Report Abuse

30cts break today...

Steve64

50 posts

Posted by Steve64 > 1 month ago | Report Abuse

Run , run, run ...30cts broken...😀

Posted by Sawasdee Krab > 1 month ago | Report Abuse

Mostly counter in bloody after New Logo Launch for Bursa... Hope later will turn up Sui Sui..!

Posted by NotComingForYou > 1 month ago | 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

292 posts

Posted by pinetree88 > 1 month ago | 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

366 posts

Posted by Popeye > 1 month ago | Report Abuse

Engine started or still not yet? Let's have a close look soon..

Income

9,650 posts

Posted by Income > 1 month ago | Report Abuse

Pa is 🐀 Mike stock. See see, look look 👀 only.

Jjtrader

1,178 posts

Posted by Jjtrader > 1 month ago | Report Abuse

Waiting for PA to show its true color

Popeye

366 posts

Posted by Popeye > 2 weeks ago | Report Abuse

Cool... new 52 week HIGH 👍

Popeye

366 posts

Posted by Popeye > 1 week ago | 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

366 posts

Posted by Popeye > 1 week ago | Report Abuse

the Proposed Acquisition of Industrial Lands is expected to be completed within six (6) months

Bull13

976 posts

Posted by Bull13 > 5 days ago | 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

976 posts

Posted by Bull13 > 2 days ago | Report Abuse

Correction. Dividend only 0.05 s

Popeye

366 posts

Posted by Popeye > 2 days ago | Report Abuse

@Bull13
You may be rite if they later declare another half cents for financial year of 2024 😊

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