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News about JAKS Resources

JAKS Resources to dispose of oil palm land in Penang for RM77.7m

Sep 10

The group expects a net pro forma gain of RM50.

READ MORE

JAKS Resources inks land lease MOU with TDM unit for LSS5 project

Jul 26

The MOU outlines JAKS Solar Power and TDM-YT Plantation's plan to conduct feasibility studies for using the land for the LSS5 project and to negotiate the terms of the lease agreement.

READ MORE

JAKS Resources partners with Chinese firm to bid for 500MWac solar PV plants under LSS5 programme

Jul 13

Both parties will collaborate on the study, planning, and preparation of the project bidding document by the bid closing date, arrange project financing with acceptable guarantees and terms, and share costs for external consultants and necessary preparations.

READ MORE

Star Media's dispute with JAKS Resources goes back to High Court six years after it started

Mar 08

A three-member Federal Court bench on Thursday unanimously dismissed Star Media Group’s appeal against a decision unfavourable to the media company issued by the Court of Appeal in 2021 — which set aside a prior High Court's summary judgement in 2020 for JAKS to pay RM134.

READ MORE

JAKS Resources to participate in Italy solar photovoltaic project

Jul 27

JAKS said its wholly-owned subsidiary, JAKS Power Sdn Bhd has signed a memorandum of understanding with Zero Carbon Energy Europe GmbH (ZC Energy).

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GUH Holdings expects RM4m revenue boost from out-of-court settlement with JAKS’ unit

Jul 05

Under the settlement, JAKS-KACC JV is to pay Teknoserv RM9.

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GUH Holdings reaches out-of-court settlement with JAKS joint venture

Jul 04

GUH said it agreed to the out-of-court settlement, as continuing the legal dispute is costly and time-consuming.

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JAKS-KACC JV filing application to stay adjudication decision to pay GUH’s unit

Jan 13

In a Bursa Malaysia filing on Thursday (Jan 12), JAKS Resources said JAKS-KACC JV had issued and served a notice of arbitration to commence proceedings against Teknoserv on Dec 23, 2022.

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JAKS succeeds in appeal against order to pay damages to Star Media over corporate guarantee

Jul 28

KUALA LUMPUR (July 28): JAKS Resources Bhd has succeeded in its appeal against the High Court decision requiring the company to pay damages to Star Media Group Bhd in relation to the latter’s corporate guarantee claim.

READ MORE

JAKS Resources posts net profit of RM19.75 million for 1Q thanks to contribution from Vietnamese power operation

May 22

KUALA LUMPUR (May 22): JAKS Resources Bhd posted a net profit of RM19.

READ MORE
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