Jaks Resources 1Q net profit surges 600% to RM7.5 mil
KUALA LUMPUR (May 24): Jaks Resources Bhd net profit for the first quarter ended March 31, 2017 surged 600% to RM7.
Jaks drops 18% on 4Q net loss, proposes new shares placement
KUALA LUMPUR (Feb 28): Jaks Resources Bhd dropped as much as 22 sen or 18% after the builder and water-pipe manufacturer reported a fourth quarter (4QFY2016) net loss at RM24.
Property development dragged Jaks Resources into the red in 4Q
KUALA LUMPUR (Feb 28): Jaks Resources Bhd slipped into the red with a net loss of RM24.
Koon Yew Yin buys 5.45% stake in Jaks Resources
KUALA LUMPUR (Feb 22): Investor Koon Yew Yin, a philanthropist who is well known for his good stock pick, has emerged as a substantial shareholder of Jaks Resources Bhd, after he has bought 23.
Jaks’ near-term earnings to be underpinned by Vietnam job
Jaks Resources Bhd (Jan 10, RM1.
East Coast Rail Line to benefit construction sector, say analysts
KUALA LUMPUR (Oct 24): Construction analysts see the proposed RM55 billion East Coast Rail Line project as the only excitement in Budget 2017.
MyTOWN opening delayed to 1Q2017
KUALA LUMPUR (Sept 22): The opening of the RM3 billion gross development value MyTOWN Shopping Centre in Cheras is delayed from the initial target of November this year, amid headwinds faced by the shopping mall segment.
JAKS Resources’ 2Q earnings more than triple to RM9.83 mil
KUALA LUMPUR (Aug 23): JAKS Resources Bhd’s net profit for the second quarter ended June 30, 2016 (2QFY16) increased by more than three times to RM9.
Construction boom gathers strength
KUALA LUMPUR (Aug 5): The construction boom seems to be gathering steam with a slew of mega infrastructure contracts being awarded of late.
JAKS Resources aims to sell Evolve Concept Mall within a year
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.
