JAKS RESOURCES BERHAD

JAKS Resources Berhad Group of Companies ("JAKS") is primarily engaged in water supply and infrastructure construction projects, property development in Malaysia, as well as power generation in Vietnam. JAKS Resources Berhad is an investment holding company that operates as a general contractor in Malaysia and Vietnam. The company operates through six segments: Manufacturing, Trading, Construction, Property Investment, Power Energy, and Others. The company is engaged in manufacturing of pipes; trading of sheet piles, steel bars, mild steel and special pipes, other steel related products, and building materials; and supply of products for water supply industry. It also engages in sub-contracting and construction activities; and management of shopping mall, as well as renewable energy business. In addition, the company develops mixed residential and commercial projects; provides property asset management services; operates car park; constructs power plants; and operates generation facilities that produce electric energy. Amongst JAKS notable mixed residential and commercial development projects are Pacific Place @ Ara Damansara and Pacific Star @ Section 13, Petaling Jaya. On the international front, the Group is diversifying into power and other large scale infrastructure projects. JAKS has recently formed a Joint-Venture with a Chinese partner, China Power Engineering Consulting Group Co. Ltd for a 25-year Build-Operate-Transfer power plant project in Hai Duong Province, Vietnam, valued at USD1.87 billion (approximately RM7.76 billion).