Author Topic: Trive  (Read 1065 times)

Online Teosh

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Trive
« on: November 14, 2017, 11:58:07 AM »
PETALING JAYA: Trive Property Group Bhd, which has been actively traded for the last two weeks, has entered into a joint venture agreement (JV) with Jiangxi Fujing New Energy Technology Co Ltd (JFNET) to develop its solar business, which is expected to provide an additional source of earnings and improve its financial performance.

Based in the China, JFNET is principally involved in the manufacturing of main silicon material, more (single) crystal silicon, components and dealings in various types of solar power plant design and construction projects.

Under the JV, the parties shall incorporate a joint venture company to be known as Daima Fujing New Energy Technology Sdn Bhd (DFNET), with both parties owning a 50:50 shareholdings in the company.

Trive said DFNET will undertake the research and development, assembly, production, distribute and marketing of photovoltaic products such as solar cells, solar panels or solar modules including solar systems in design and storage of solar power.

Trive expects the JV will not have any material effect on the company’s issued share capital, net assets and earnings for the financial year ending Jan 31, 2018.

However, it said the JV is expected to contribute positively to the company’s future earnings once the business is established and started to generate returns.

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Online Teosh

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Re: Trive
« Reply #1 on: November 14, 2017, 11:59:23 AM »
KUALA LUMPUR (Nov 14): Trive Property Group Bhd shares rose 5.26% in active trade this morning after it signed a joint venture agreement (JVA) with Jiangxi Fujing New Energy Technology Co Ltd for a planned collaboration in the manufacturing and sale of solar energy products, including solar cells and panels.

At 9.13am, Trive rose 0.5 sen to 10 sen with 21.46 million shares done.
The company and Jiangxi Fujing will form JV company Daima Fujing New Energy Technology Sdn Bhd under the JVA.

Trive said the JV provides an opportunity for the company to develop its solar business, which is expected to provide an additional source of earnings and improve its financial performance.
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Online Teosh

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Re: Trive
« Reply #2 on: November 16, 2017, 04:39:39 PM »
Selling pressure gonna end  :nod: :shake: :nod:
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Offline master wahsing

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Re: Trive
« Reply #3 on: November 16, 2017, 09:17:36 PM »
Selling pressure gonna end  :nod: :shake: :nod:

why china, let china sniper to shoot !

Online Teosh

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Re: Trive
« Reply #4 on: November 17, 2017, 08:14:38 AM »
OTHERS TRIVE PROPERTY GROUP BERHAD (TRIVE or the Company) - TERMINATION OF CONTRACT

TRIVE PROPERTY GROUP BERHAD

Type   Announcement
Subject   OTHERS
Description   TRIVE PROPERTY GROUP BERHAD (TRIVE or the Company)
- TERMINATION OF CONTRACT
(Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the announcement dated 10 November 2017 in relation to the Termination of Contract (“Announcement”))

Further to the Announcement, the Board of Directors (“Board”) of Trive would like to inform that the reason for termination of contract was due to Tulangis had requested Trive to temporarily stop the work since April 2016 with no specific date for resuming work and without any reason thereof. Hence, Trive decided to terminate the contract with Tulangis to best deploying the Company’s resources.

This announcement is dated 16 November 2017.


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Online Teosh

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Re: Trive
« Reply #5 on: November 30, 2017, 12:53:17 PM »
Oversold
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Online Teosh

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Re: Trive
« Reply #6 on: January 10, 2018, 12:29:02 PM »
 :nod: :shake: ;) :cash:
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Offline Sailor

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Re: Trive
« Reply #7 on: January 10, 2018, 01:28:18 PM »
PH Counter.
Sail away from the safe harbour,Catch the trade winds in your sails,Dream,Explore,Discover  ®One does not discover new lands without consenting to loose sight of the shore for very long time©

Online Teosh

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Re: Trive
« Reply #8 on: January 24, 2018, 02:05:36 PM »
Oversold
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Offline ahbah

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Re: Trive
« Reply #9 on: January 24, 2018, 02:18:57 PM »
Sapu  :thumbsup: :cash:

Online Teosh

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Re: Trive
« Reply #10 on: January 26, 2018, 05:41:40 PM »
Any chance rebound before CNY?? ....Maybe faster than Netx :nod: :shake: :nod: :shake:
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Offline ahbah

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Re: Trive
« Reply #11 on: January 26, 2018, 06:00:20 PM »
Guaranti got chance lah. Please no give up.  :handshake: :handshake: :cash:

Online iiinvestsmart

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Re: Trive
« Reply #12 on: January 26, 2018, 07:22:59 PM »



Quality   :thumbsdown:
Price


Don't bother with even valuing this stock.  Look for another.
It’s better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline ahbah

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Re: Trive
« Reply #13 on: January 26, 2018, 08:36:52 PM »
Also got passed our DR KIM's test - Sapu  :D :D :cash: :cash:

Offline ahbah

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Re: Trive
« Reply #14 on: January 26, 2018, 08:53:58 PM »
3i - If U follow him as your guru, then no bother about Trive  :D :D :D

DR KIM - If U follow him as your guru, then attack Trive  :D :D :D

As for kampong kid ahbah, both of them are his learned guru  :D :D :D

Offline ahbah

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Re: Trive
« Reply #15 on: January 27, 2018, 03:38:53 PM »
Icu counter APFT up 50% on 26-1-2018  :clap: :clap: :cash: :cash:

No 3i darlings can perform this wonderful show.  :shake: :shake:

Online Teosh

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Re: Trive
« Reply #16 on: February 08, 2018, 10:14:46 AM »
Oversold
survived black Monday without effect good sign?
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Online Teosh

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Re: Trive
« Reply #17 on: February 10, 2018, 05:44:11 PM »
Select Language​▼
MALAYSIAMANAGEMENTCORPORATE
Umno supreme council member appointed as chairman of Trive Property
Erika Benjamin
/
theedgemarkets.com

February 09, 2018 18:15 pm +08
 
-A+A
KUALA LUMPUR (Feb 9): Trive Property Group Bhd has appointed Umno supreme council member Datuk * Shahadan as independent and non-executive chairman of the company.

In a filing with Bursa Malaysia today, Trive Property said *, 49, has been appointed to several key positions in public listed companies, as well as private companies where he accumulated invaluable exposures and participations in businesses and entrepreneurships.

He is currently the independent non-executive chairman of Nextgreen Global Bhd. He is also the executive director of Quantum Solar Park, Malaysia, the group chairman of LeBlanc Bhd, the chairman of Consolidated Fertiliser Corp Sdn Bhd and the chairman of Hitech Construction Sdn Bhd.

* was the independent non-executive chairman of PDZ Holdings Bhd from 2014 to 2017, EKA Noodles Bhd from 2014 to 2017, as well as the independent non-executive director of KUB Malaysia Bhd from 2014 to 2015 and Damansara Realty Bhd from 2014 to 2015.

He was also the chairman of Pelaburan MARA Bhd from 2014 to 2015 and the former chairman of Kraftangan Malaysia from 2011 to 2014.

While engaging in his business, Trive Property said * is also passionate in the political arena and holds several positions since 2013 in the Umno Supreme Council.

Trive Property shares closed unchanged at 4 sen today, with 10.54 million shares done, bringing a market capitalisation of RM75.33 million.

 
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Online Teosh

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Re: Trive
« Reply #18 on: February 23, 2018, 06:31:06 PM »

Trivr had solar business, just matter of time it rebound :nod: :nod:

Trive Property partners China firm to develop solar business

Posted on 13 November 2017 - 08:46pm
sunbiz@thesundaily.com

PETALING JAYA: Trive Property Group Bhd, which has been actively traded for the last two weeks, has entered into a joint venture agreement (JV) with Jiangxi Fujing New Energy Technology Co Ltd (JFNET) to develop its solar business, which is expected to provide an additional source of earnings and improve its financial performance.

Based in the China, JFNET is principally involved in the manufacturing of main silicon material, more (single) crystal silicon, components and dealings in various types of solar power plant design and construction projects.

Under the JV, the parties shall incorporate a joint venture company to be known as Daima Fujing New Energy Technology Sdn Bhd (DFNET), with both parties owning a 50:50 shareholdings in the company.

Trive said DFNET will undertake the research and development, assembly, production, distribute and marketing of photovoltaic products such as solar cells, solar panels or solar modules including solar systems in design and storage of solar power.

Trive expects the JV will not have any material effect on the company’s issued share capital, net assets and earnings for the financial year ending Jan 31, 2018.

However, it said the JV is expected to contribute positively to the company’s future earnings once the business is established and started to generate returns.

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Online Teosh

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Re: Trive
« Reply #19 on: March 11, 2018, 10:18:05 AM »

 5.2% Trive Property shares traded off-market


KUALA LUMPUR (March 9): Some 100 million shares in Trive Property Group Bhd, representing a 5.15% stake in the company, was traded off-market today.

Bloomberg data showed that the shares were traded in a single block at 3.7 sen apiece — a premium of 5.7% to the its closing price of 3.5 sen — for a total consideration of RM3.7 million.

In comparison, the counter saw 2.29 million shares traded in the open market.

It is unclear who was involved in the transaction at press time. According to Trive’s latest annual report, the group’s biggest shareholder is KGI Asia Ltd as at April 25, 2017.

The group saw its net losses widen to RM2.49 million in the nine-month period ended Oct 31, 2017 (9MFY18) from RM1.14 million in the same period the year before, due to losses incurred by both its solar division as well as the construction and property development division.

Revenue in the period rose 42.17% to RM2.7 million from RM1.9 million in 9MFY17, thanks to higher revenue from its solar division, which offset the absence of revenue contribution from its construction and property development division.

On prospects, Trive said that its success will rely heavily on its capabilities to secure projects in under the solar division, as well as further pick-up by its property segment.

Shares of Trive Property closed half a sen lower to 3.5 sen, giving it a market capitalisation of RM67.31 million.
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