EPCC | Jotup

LiTHOS Announces Receipt of First Customer Payment and Provides Operational Update

Retrieved on:

Thursday, February 1, 2024

Lithium, DLE, Manufacturing, University, QWERTY, City, Engineering, EPCC, CBOE, Chemistry, Hyundai Motor Manufacturing Alabama, Mercedes-Benz, WKN, Hyundai, University of Alabama, Power center, Ford, LARGE

This solidifies multiple strategic relationships which will validate several customized AcQUA™ pre-treatment flowsheets based upon actual customer reservoir brines.

Key Points:

This solidifies multiple strategic relationships which will validate several customized AcQUA™ pre-treatment flowsheets based upon actual customer reservoir brines.
These customer-driven pilot processing programs span the upstream segments of the value chain including: conditioning, pre-treatment, optimizing wash water recovery, and Direct Lithium Extraction ("DLE").
LiTHOS' patent-pending, environmentally friendly lithium extraction technology is now under contract with (4) four of the largest lithium brine producers in the world.
LiTHOS has engineered 17 customized AcQUA™ flowsheets based upon of the chemistry of actual customer reservoir brines spanning upstream segments of the value chain including: conditioning, pre-treatment, optimizing wash water recovery, and Direct Lithium Extraction ("DLE").

KJTS to Raise RM58.9 Million from ACE Market IPO

Retrieved on:

Friday, January 5, 2024

EPCC, KJTS, Head, Growth, IPO, Prospectus, Renewable energy

The IPO aims to raise RM58.9 million through the issuance of 218.03 million new shares at a retail price of RM0.27 per share.

Key Points:

The IPO aims to raise RM58.9 million through the issuance of 218.03 million new shares at a retail price of RM0.27 per share.
The proceeds from the IPO will be allocated as follows:
- RM44.9 million for business expansion, including RM40.4 million specifically for the expansion of the Cooling Energy Segment and RM4.5 million for expansion of offices in Malaysia, Thailand, and Singapore.
This step marks a significant milestone for KJTS, symbolising our commitment to growth and innovation in the building support services industry.
Our IPO also marks a significant step in scaling our operations and enhancing our service offerings in Malaysia, Singapore, and Thailand.

Jati Tinggi Marks Successful Listing on ACE Market

Retrieved on:

Wednesday, December 20, 2023

EPCC, Tenaga Nasional, Independent, Growth, IPO, Private, Corporate finance, Security (finance)

KUALA LUMPUR, Dec 20, 2023 - (ACN Newswire) - Jati Tinggi Group Berhad ("Jati Tinggi" or the "Company"), one of the players in the field of infrastructure utilities engineering, celebrated the Group's debut today on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities").

Key Points:

KUALA LUMPUR, Dec 20, 2023 - (ACN Newswire) - Jati Tinggi Group Berhad ("Jati Tinggi" or the "Company"), one of the players in the field of infrastructure utilities engineering, celebrated the Group's debut today on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities").
With a focus on project planning and project management, Jati Tinggi has established the Group's positioning as a pivotal player in the electricity supply industry in Malaysia.
Head of Corporate Finance of TA Securities Holdings Berhad, Mr. Ku Mun Fong commented, "Jati Tinggi's debut on the ACE Market marks a significant milestone in their corporate journey.
With their business model and strategic expansion plans, Jati Tinggi is well positioned to seize emerging opportunities in the sector.

InspireSemi To Participate in RISC-V Workshop and BoF Panel Discussion at SC23

Retrieved on:

Wednesday, November 1, 2023

The following day Doug will participate on a Birds of a Feather panel that will discuss the RISC-V ecosystem’s extraordinary recent growth and potential to revolutionize supercomputing.

Key Points:

The following day Doug will participate on a Birds of a Feather panel that will discuss the RISC-V ecosystem’s extraordinary recent growth and potential to revolutionize supercomputing.
As part of the discussion, he will highlight the benefits of RISC-V and how it can best support current and future HPC & AI research and development.
Joining InspireSemi on the panel are representatives from Barcelona Supercomputing Center (BSC), Los Alamos National Lab (LANL), Codeplay Software, Tactical Computing Laboratories, and Edinburgh Parallel Computing Centre (EPCC).
Additional details related to the event are available at: https://sc23.supercomputing.org/presentation/?id=bof145&sess=sess360

Yokogawa to Supply Energy Management System for Yuri Green Hydrogen Project in Australia

Retrieved on:

Tuesday, September 5, 2023

Yokogawa Electric Corporation (TOKYO: 6841) announces that its subsidiary Yokogawa Australia has received an order from Monford Group Pty Ltd. to supply an energy management system (EMS) for the initial phase (“phase 0”) of the Yuri Green Hydrogen Project (hereafter, Yuri), which is constructing an industrial-scale renewable hydrogen production complex in Australia.

Key Points:

Yokogawa Electric Corporation (TOKYO: 6841) announces that its subsidiary Yokogawa Australia has received an order from Monford Group Pty Ltd. to supply an energy management system (EMS) for the initial phase (“phase 0”) of the Yuri Green Hydrogen Project (hereafter, Yuri), which is constructing an industrial-scale renewable hydrogen production complex in Australia.
View the full release here: https://www.businesswire.com/news/home/20230904401589/en/
Conceptual drawing showing the Yuri project facilities at the completion of phase 0.
Using carbon-free solar energy, this facility will be able to produce up to 640 tons of green hydrogen per year.
For the control of the solar power plant, BESS, and electrolyzer, Yokogawa Australia will supply an EMS that is developed by Yokogawa Group company PXiSE Energy Solutions LLC.

SCIB Reports Q4FY2023 Financial Results with Revenue of RM33.3 Million, Gross Profit of RM6.5 Million and Highlights Growth Opportunities

Retrieved on:

Tuesday, August 29, 2023

Commission, Growth, EPCC, Net operating loss, SCIB, Financial management, LBT, Video game, Renewable energy, Engineering

Gross Profit grew by 73% to RM6.5 million from RM3.8 million in the corresponding period of the previous fiscal year.

Key Points:

Gross Profit grew by 73% to RM6.5 million from RM3.8 million in the corresponding period of the previous fiscal year.
The Operating Loss was significantly reduced to RM18.2 million from RM47.1 million, and Loss Before Tax (LBT) improved to RM18.5 million from RM47.4 million in Q4FY2022.
In the Manufacturing segment, SCIB reported revenue of RM23.2 million, a year-to-date increase of 10%, with profit before tax of RM2.8 million.
The Construction/EPCC segment registered revenue of RM10.2 million, marking a 92% increase year-to-date, with loss before tax narrowed to RM4.5 million.

Sarawak Consolidated Commences Legal Action against Dynamic Prestige Consultancy

Retrieved on:

Thursday, July 27, 2023

Construction, RCPS, Partnership, EPCC, SCIB, BHD, Engineering, Redeemers

KUCHING, MALAYSIA, July 27, 2023 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that it has initiated legal proceedings against Dynamic Prestige Consultancy Sdn.

Key Points:

KUCHING, MALAYSIA, July 27, 2023 - (ACN Newswire) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that it has initiated legal proceedings against Dynamic Prestige Consultancy Sdn.
As part of the agreement, Dynamic Prestige Consultancy Sdn.
However, to date, Dynamic Prestige Consultancy Sdn.
We remain confident in our legal position and are committed to ensuring the best outcome for our shareholders and stakeholders."

SCIB Announces Restructuring at Board Level

Retrieved on:

Wednesday, June 28, 2023

APB, EPCC, Self-publishing, SCIB, Bursa, Daif Abdul-kareem Al-Ghazal, Engineering, PP, Management, Waste collection

Dr. Dang Nguk Ling is an Independent Non-Executive Directors of APB Resources Berhad where Mr. Liaw also serves as an Executive Director.

Key Points:

Dr. Dang Nguk Ling is an Independent Non-Executive Directors of APB Resources Berhad where Mr. Liaw also serves as an Executive Director.
SCIB also announced the resignation of Group Chief Executive Officer and Managing Director, Encik Rosland Bin Othman today as well as three Independent Non-Executive Directors, namely En.
I look forward to working closely with them as SCIB will certainly be able to leverage on their experience and expertise."
Nuraiman bin Shaiful Annuar well and thank them for their guidance and advice in their time as directors of SCIB."

SCIB Posts Revenue of RM32.4 Million for 3Q

Retrieved on:

Thursday, May 25, 2023

Maintenance, EPCC, Woman, SCIB, Industrialised building system (IBS), LBT, IBS, Engineering, PBT, Airline

On a segmental basis, the manufacturing division, which produces precast concrete and Industrialised Building System (IBS) building materials, recorded revenue of RM23.2 million in 3Q FY2023 compared with RM22.1 million in 3Q FY2022 and PBT of RM2.7 million compared with RM0.7 million.

Key Points:

On a segmental basis, the manufacturing division, which produces precast concrete and Industrialised Building System (IBS) building materials, recorded revenue of RM23.2 million in 3Q FY2023 compared with RM22.1 million in 3Q FY2022 and PBT of RM2.7 million compared with RM0.7 million.
In 9M FY2023, the manufacturing segment recorded a cumulative revenue of RM68.9 million, as compared to RM64.9 million in 9M FY2022 and PBT RM4.8 million compared with RM0.97 million.
The engineering, procurement, construction, and commissioning (EPCC) division recorded a revenue of RM9.2 million in 3Q FY2023 compared with RM15.1 million in 3Q FY2022 and PBT of RM0.009 million compared with LBT of RM0.66 million.
The EPCC segment registered a cumulative revenue of RM29.4 million in 9M FY2023 compared with RM36.6 million with a cumulative LBT of RM1.44 million compared with LBT of RM1.74 million.

I Squared Capital to Build Up to 1 Gigawatt of Solar Plants in Malaysia

Retrieved on:

Thursday, July 27, 2023

I Squared Capital, a leading global infrastructure investment manager, announced today that its portfolio company, HEXA Renewables, has signed a memorandum of understanding to develop up to 1 gigawatt of hybrid solar photovoltaic projects in the southern tip of Peninsular Malaysia.

Key Points:

I Squared Capital, a leading global infrastructure investment manager, announced today that its portfolio company, HEXA Renewables, has signed a memorandum of understanding to develop up to 1 gigawatt of hybrid solar photovoltaic projects in the southern tip of Peninsular Malaysia.
“I Squared Capital and our wholly owned renewable energy platform, HEXA Renewables Malaysia, are proud to participate in this landmark project,” said Gautam Bhandari, Chief Investment Officer and Managing Partner of I Squared Capital.
The project will advance I Squared Capital and the DFC’s shared ambition to support inclusive economic development through climate change mitigation.
“I Squared Capital welcomes this agreement between HEXA and UEM-ITRAMAS to develop a large-scale, state-of-the-art solar project to support local demand for clean power,” said Harsh Agrawal, Senior Partner of I Squared Capital.