Edition:
United States

Ahmad Zaki Resources Bhd (AZRB.KL)

AZRB.KL on Kuala Lumpur Stock Exchange

0.63MYR
3:11am EST
Change (% chg)

RM-0.00 (-0.78%)
Prev Close
RM0.64
Open
RM0.63
Day's High
RM0.64
Day's Low
RM0.63
Volume
121,700
Avg. Vol
258,835
52-wk High
RM0.77
52-wk Low
RM0.56

Latest Key Developments (Source: Significant Developments)

Ahmad Zaki Resources says co received letter of award from Jabatan Kerja Raya Malaysia
Monday, 27 Jun 2016 01:23am EDT 

Ahmad Zaki Resources Bhd : Company had on 24 June 2016 received a letter of award from Jabatan Kerja Raya Malaysia, Kuala Lumpur . Award for the works amounts to a total value of 152.3 million rgt . Award for works is expected to contribute positively to the group's future earnings. .  Full Article

Ahmad Zaki Resources Bhd updates on LOA from Mass Rapid Transit Corporation
Sunday, 3 Apr 2016 08:00pm EDT 

Ahmad Zaki Resources Bhd:Says unit, Ahmad Zaki sdn bhd had on 1 April 2016 received letter of acceptance from mass rapid transit corporation sdn for the works amounts to a total value of 1.44 billion rgt.Works is expected to contribute positively to the group's future earnings.Award for a project known as "package v202: construction and completion of viaduct guideway and other associated works from Persiaran Dagang to Jinjang.  Full Article

Ahmad Zaki Resources Bhd says unit receives letter of award from International Islamic University Malaysia
Wednesday, 16 Mar 2016 08:00pm EDT 

Ahmad Zaki Resources Bhd:Says unit receives letter of award from International Islamic University Malaysia.The award for the works amounts to a total value of rm129 million.Award is expected to contribute positively to the group's future earnings and net assets.loa for proposed supply of additional equipment under group 2 and 3 for International Islamic University Malaysia teaching hospital at Kuantan, Pahang.  Full Article

Ahmad Zaki Resources Bhd says unit received letter of award from Kwasa Land Sdn Bhd
Tuesday, 3 Nov 2015 07:00pm EST 

Ahmad Zaki Resources Bhd:Says unit received a letter of award from Kwasa Land Sdn Bhd as its development partner.Award is expected to contribute positively to the group's future earnings and net assets.Deal expected to have an estimated gross development value of RM257 million.Award is to develop a project known as proposed residential development on 3.91 acres land identified as R3-4 of kwasa damansara township.  Full Article

Ahmad Zaki Resources Bhd says unit enters shareholders' agreement
Monday, 26 Oct 2015 08:00pm EDT 

Ahmad Zaki Resources Bhd:Says unit entered shareholders' agreement with Yp Plantation Holdings Sdn Bhd and Peak Crops Sdn Bhd.Agreement to regulate the relationship between betanaz mills and YP Plantation as shareholders in peak crops.Says Peak crops shall be funded by equity injection by Betanaz Mills And Yp Plantation.Proposed JV not expected to have material effect on earnings per share of co.  Full Article

Ahmad Zaki Resources Bhd updates on letter of acceptance of tender issued by UDA Legasi SDN BHD
Wednesday, 16 Sep 2015 08:00pm EDT 

Ahmad Zaki Resources Bhd:Says that its wholly-owned subsidiary, Ahmad Zaki Sdn Bhd had on 15 September 2015, received a Letter of Acceptance of Tender from Uda Legasi Sdn Bhd for a project known as Proposed Mixed Development comprising the following.(a) 1 block of 47-storey apartment building containing 639 units of apartment; and (b) 1 block of 29-storey commercial office building, with 1 level of basement car park at Lot 3338, Jalan Raja Muda Musa, Kampung Bharu, Seksyen 41, Kuala Lumpur.Says award for the Works amounts to a total value of 386,647,904.85 ringgit with a contractual period of 40 months commencing from the date of site possession.Works shall not have any effect on the issued and paid-up share capital of AZRB.However, the Works is expected to contribute positively to AZRB Group’s earnings and the net tangible assets from the financial year ending 31 December 2015 onwards.  Full Article

Ahmad Zaki Resources Bhd announces single tier interim dividend
Thursday, 11 Jun 2015 08:00pm EDT 

Ahmad Zaki Resources Bhd:Says a single tier interim dividend of 2 sen per share of 0.25 Ringgit each.  Full Article

Ahmad Zaki Resources Bhd 's Ahmad Zaki Sdn Bhd secures contract
Wednesday, 20 May 2015 08:00pm EDT 

Ahmad Zaki Resources Bhd:Wholly-owned subsidiary, Ahmad Zaki Sdn Bhd has on May 20, received letter of acceptance from East Coast Economic Region Development Council (award).For project known as proposed construction and completion of KPC Port Link Road in Kuantan Port City, Pahang Darul Makmur for ECERDC Package 3A – Elevated Interchange at Gebeng Bypass and Dual Carriageway Road from Ch5600 to Ch9500 (Works).Award for works amounts to total value of 113,264,221.04 Ringgit with contractual period of 108 weeks commencing from date of site possession.  Full Article

Ahmad Zaki Resources Bhd announces striking off of AZRB Construction (india) Pvt Ltd
Wednesday, 1 Apr 2015 08:00pm EDT 

Ahmad Zaki Resources Bhd:Says AZRB Construction (India) Pvt Ltd (AZRB Construction), a wholly-owned subsidiary of AZRB International Ventures Sdn Bhd, which in turn is wholly-owned subsidiary of AZRB, had on Feb 17, applied to the Registrar of Companies (Registrar) for striking off.The Registrar has replied enclosing a notice dated March 2 informing that at the expiration of 30 days from the date of the notice, AZRB Construction name will, unless cause is shown to the contrary, be struck off from the register by the Registrar and AZRB Construction will be dissolved.On April 2, AZRB was notified by its agent managing the striking off that the 30 days period expired on April 1 and that no cause to the contrary was raised by any party with regards to the striking off of AZRB Construction.Says AZRB Construction is a dormant company which was incorporated on June 18, 2004.The striking off of AZRB Construction has no material financial effect on AZRB.  Full Article

Ahmad Zaki Resources Bhd proposes design, construction, completion, operation, management and maintenance of the east klang valley expressway
Wednesday, 11 Feb 2015 07:00pm EST 

Ahmad Zaki Resources Bhd:Inform that its wholly-owned subsidiary, EKVE Sdn Bhd (EKVE) has on Feb. 12 received a letter from the Government of Malaysia as represented by the Ministry of Works.Confirming that EKVE has met all conditions precedent as set out in the Concession Agreement.In this respect, the Government has confirmed the Effective Date for Concession of the East Klang Valley Expressway (Expressway) to be on 12 Feb. 12.With this confirmation, EKVE will commence physical works on the Expressway with immediate effect.  Full Article