ARA DAMANSARA (June 26): Jaks Resources Bhd said the proposed sale of its 51% stake in Evolve Concept Mall at Ara Damansara, Selangor will require more time, as potential buyers continue to evaluate the deal.
KUALA LUMPUR: JAKS Resources Bhd has decided that it will take a step back from the property market to focus more on infrastructure and power-generation projects, especially from renewable resources.
KUALA LUMPUR (March 15): JAKS Resources Bhd has proposed a placement to raise RM68.
JAKS Resources Bhd (March 1, RM1.
KUALA LUMPUR (Dec 15): Jaks Resources Bhd is aligning its business portfolio after the loss-making property development venture that was hit hard by the slowdown.
KUALA LUMPUR (June 22): Jaks Resources Bhd, whose profitability was dragged down by its loss-making property division in the financial year ended Dec 31, 2016 (FY16) and first quarter ended March 31, 2017 (1QFY17), said it would take some time for the division to start bearing profits.
KUALA LUMPUR (June 28): JAKS Resources Bhd aims to divest the newly opened Evolve Concept Mall near Ara Damansara, Selangor, within a year to further enhance its financial position.
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