JAKS Resources to dispose of oil palm land in Penang for RM77.7m
The group expects a net pro forma gain of RM50.
JAKS Resources inks land lease MOU with TDM unit for LSS5 project
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.
JAKS Resources partners with Chinese firm to bid for 500MWac solar PV plants under LSS5 programme
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.
Star Media's dispute with JAKS Resources goes back to High Court six years after it started
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.
JAKS Resources to participate in Italy solar photovoltaic project
JAKS said its wholly-owned subsidiary, JAKS Power Sdn Bhd has signed a memorandum of understanding with Zero Carbon Energy Europe GmbH (ZC Energy).
GUH Holdings expects RM4m revenue boost from out-of-court settlement with JAKS’ unit
Under the settlement, JAKS-KACC JV is to pay Teknoserv RM9.
GUH Holdings reaches out-of-court settlement with JAKS joint venture
GUH said it agreed to the out-of-court settlement, as continuing the legal dispute is costly and time-consuming.
JAKS-KACC JV filing application to stay adjudication decision to pay GUH’s unit
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.
JAKS succeeds in appeal against order to pay damages to Star Media over corporate guarantee
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.
JAKS Resources posts net profit of RM19.75 million for 1Q thanks to contribution from Vietnamese power operation
KUALA LUMPUR (May 22): JAKS Resources Bhd posted a net profit of RM19.
