【TEXCYCL 0089 交流专区】Tex 循环科技

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英国联营首个废料发电厂·TEX循环科艺：明年运作
https://www.sinchew.com.my/content/content_2114743.html

（吉隆坡11日讯）TEX循环科艺（TEXCYCL,0089,创业板工业产品服务组）放眼与英国卡尔津发电公司（CULZEAN Generation）联营的第一家废料发电厂（W2E）在2020年杪开始运作。

TEX循环科艺首席执行员加里达斯在新闻发布会上指出，TEX循环科艺与英国卡尔津发电公司合作在当地开设联营公司——卡尔津W2E公司，双方各持50%股权合作进行废料发电业务。

据资料显示，如今英国有15个营运中的核反应堆，生产约20%电力和14%低碳电力，但大部份预计将在2030年退役，加上因脱碳承诺将在2025年关闭所有燃煤发电厂的情况下，无可避免需要新一代发电厂进行取代。

加里达斯指出，该联营的资金将来自外部如商行，由卡尔津发电公司负责。

卡尔津W2E公司首席执行员尼古拉斯指出，首个废料发电厂的资本支出为500万英镑（约2582万令吉）。

资料显示，卡尔津W2E公司将在首12个月完成首家废料发电厂，生产2兆瓦电力，每年预计处理3万吨的垃圾衍生燃料（RDP）。

尼古拉斯表示，该公司短期目标，是两年后在埃尔斯米尔港、雷克斯汉姆和伯恩利3处建设总共8兆瓦的发电厂，每年处理12万吨的垃圾衍生燃料。

TEX循环科艺董事兼卡尔津W2E公司董事何绍昌表示，他们已在探索建厂的土地，料将选择垃圾场。

但他预计，不会采取购买土地的方式，并将探讨其他合作模式如租赁等。

被问及收益贡献部份，他表示，由于该厂收入来源除了卖电，还有原料门费，所有料发电厂开始运作后很快可看到收益。

何绍昌补充，希望这能成为TEX循环科艺的经常性收入。

TEX循环科艺财务总监兼卡尔津W2E公司董事许筱苇表示，在该废料发电厂运作后，TEX循环科艺有望从中取获20%净利。

再生能源发电厂年杪运作

另一方面，对于TEX循环科艺位于雪兰莪直落昂的再生能源发电厂，何绍昌预计，今年杪可完成程序并开始运作。

根据过去报道显示，该公司直落昂再生能源发电厂，由于环境局（DOE）要求更新目前环境影响评估（EIA）等资料而推迟运作。

他表示，当中受影响的只是该公司能源业务，这新业务过去未有收入贡献，而公司原有的再循环业务部份仍正常运作，所以对公司整体没有负面影响。

许筱苇表示，根据购电协议，该能源业务有望为该公司贡献每年700万令吉的营业额，他们也希望能攫获约20%的赚幅。

据该公司年报显示，截至2018年12月31日全年营业额为3706万6000令吉，净利为788万6000令吉。

与Pakar Go Green合作

另一方面，TEX循环科艺与废水和环境研究顾问及生物炭生产商——Pakar Go Green公司于7月签署备忘录，探讨进军新的及全球市场的可行性。

何绍昌表示，该合作还在进行中，今年杪有望取得进展。


文章来源 ： 星洲日报 2019-09-12

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	7,449	9,194	23,489	29,309
2	Profit/(loss) before tax	2,265	2,970	6,809	8,100
3	Profit/(loss) for the period	2,016	2,403	5,447	7,195
4	Profit/(loss) attributable to ordinary equity holders of the parent	2,016	2,403	5,447	7,195
5	Basic earnings/(loss) per share (Subunit)	0.79	0.95	2.14	2.83
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.60	0.60
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4171		0.3993

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2019	31 Dec 2018	31 Dec 2019	31 Dec 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	7,081	7,755	30,570	37,066
2	Profit/(loss) before tax	102	1,855	6,820	9,958
3	Profit/(loss) for the period	-379	551	4,977	7,748
4	Profit/(loss) attributable to ordinary equity holders of the parent	-350	551	5,006	7,748
5	Basic earnings/(loss) per share (Subunit)	-0.15	0.22	1.96	3.05
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.60	0.60
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4151		0.3999

icy97

Type	Announcement
Subject	OTHERS
Description	TEX CYCLE TECHNOLOGY (M) BERHAD - SHAREHOLDERS AGREEMENT BETWEEN TEX CYCLE SDN BHD AND EFS REVISION ENERGY SDN BHD
The Board of Directors of Tex Cycle Technology (M) Berhad is pleased to announce that its wholly owned subsidiary, Tex Cycle Sdn Bhd (“Tex Cycle”), has on 20 March 2020, entered into a Shareholders’ Agreement (“Agreement”) with EFS Revision Energy Sdn Bhd (“EFS”). Tex Cycle and EFS intend for EFS MySolar Sdn Bhd to be the joint venture vehicle for identifying, evaluating and executing strategic business opportunities in the solar renewable energy sector. Please refer to the attachment for full text of announcement. This announcement is dated 20 March 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3037422

Attachments TCTB - Shareholders Agreement.pdf

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Type	Announcement
Subject	OTHERS
Description	TEX Cycle Technology (M) ("TEX CYCLE" or "the Company") - Registered Solar PV Investor under the Net-Energy Metering Programme by Sustainable Energy Development Authority Malaysia
The Board of Directors of TEX CYCLE wishes to inform that TC Champ Sdn Bhd, the indirect subsidiary of the Company has successfully registered itself as a Registered Solar PV Investor (“RPVI”) with Sustainable Energy Development Authority Malaysia (“SEDA”). As RPVI, TC Champ Sdn Bhd is allowed by SEDA to sell electricity via Solar Power Purchase Agreement or Solar Leasing Agreements under the Net-Energy Metering Program to businesses and individuals. Following the Company’s announcement on 20 March 2020 in relation to the entry of  Shareholders’ Agreement between Tex Cycle Sdn Bhd and EFS Revision Energy Sdn Bhd, the Company has identified TC Champ Sdn Bhd as the joint venture vehicle for identifying, evaluating and executing strategic business opportunities in the solar renewable energy sector. The Company will change the name of TC Champ Sdn Bhd to EFS MySolar Sdn Bhd in due course. This announcement is dated 24 April 2020.

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	TEX CYCLE TECHNOLOGY (M) BERHAD (TCTB or the Company)SHARE SALE AGREEMENT ENTERED BETWEEN TC CHAMP SDN BHD WITH EFS REVISION ENERGY SDN BHD FOR THE ACQUISITION OF THE ENTIRE EQUITY INTEREST IN REVISION SOLAR SDN BHD
The Board of Directors of TCTB wishes to announce that TC Champ Sdn Bhd, the indirect subsidiary of the Company had on 13 May 2020 entered into a Share Share Agreement with EFS Revision Energy Sdn Bhd for the proposed acquisition of 500,000 ordinary shares in Revision Solar Sdn Bhd (“RSSB”), representing the entire equity interest in RSSB, for a total purchase consideration of RM1,850,000/-. Please refer to the attachment for full text of announcement. This announcement is dated 13 May 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3049778

Attachments TCTB - Share Sale Agreement.pdf

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	Memorandum of Understanding between Tex Cycle (P2) Sdn Bhd and MyBamboo Sdn Bhd
The Board of Directors of Tex Cycle Technology (M) Berhad is pleased to announce that its wholly owned subsidiary, Tex Cycle (P2) Sdn Bhd has entered into a Memorandum of Understanding with MyBamboo Sdn Bhd on 21 May 2020. Please refer to the attachments for full text of announcement. This announcement is dated 21 May 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3052147

Attachments Tex Cycle - MOU with My Bamboo.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2020	31 Mar 2019	31 Mar 2020	31 Mar 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	5,424	7,957	5,424	7,957
2	Profit/(loss) before tax	-308	1,210	-308	1,210
3	Profit/(loss) for the period	-474	1,150	-474	1,150
4	Profit/(loss) attributable to ordinary equity holders of the parent	-465	1,150	-465	1,150
5	Basic earnings/(loss) per share (Subunit)	-0.19	0.45	-0.19	0.45
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4158		0.4155

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	Memorandum of Understanding between Tex Cycle (P2) Sdn Bhd and Usaha Strategik Sdn Bhd
The Board of Directors of Tex Cycle Technology (M) Berhad is pleased to announce that its wholly owned subsidiary, Tex Cycle (P2) Sdn Bhd has entered into a Memorandum of Understanding (“MOU”) with Usaha Strategik Sdn Bhd on 23 June 2020. Please refer to the attachment for full text of announcement. This announcement is dated on 23 June 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3061232

Attachments TCTB - MOU with Usaha Strategik Sdn Bhd.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	FEED-IN TARIFF APPROVAL GRANTED TO PAKAR B2E SDN BHD BY SUSTAINABLE ENERGY DEVELOPMENT AUTHORITY MALAYSIA (SEDA)
The Board of Directors of Tex Cycle Technology (M) Berhad (“TCTB” or “the Company) is pleased to announce that its subsidiary, Pakar B2E Sdn Bhd had received the Feed-in Tariff (“FiT”) approval dated 2 July 2020 from Sustainable Energy Development Authority Malaysia (“SEDA”) on 9 July 2020. Please refer to the attachment for full text of announcement. This announcement is dated 9 July 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3067281

Attachments TCTB - Feed-in Tariff approval.pdf

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	Memorandum of Understanding between Culzean W2E Limited and Medisort Limited
The Board of Directors of Tex Cycle Technology (M) Berhad is pleased to announce that its joint venture company, Culzean W2E Limited has entered into a Memorandum of Understanding with Medisort Limited on 13 July 2020. Please refer to the attachment for full text of announcement. This announcement is dated 13 July 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3068086

Attachments TCTB - MOU with Medisort Limited (final).pdf

icy97

Type	Announcement
Subject	OTHERS
Description	TEX CYCLE TECHNOLOGY (M) BERHAD (TCTB or the Company)SHAREHOLDERS AGREEMENT BETWEEN TEX CYCLE SDN BHD, PAKAR GO GREEN SDN BHD AND KLPK NIAGA SDN BHD
The Board of Directors of Tex Cycle Technology (M) Berhad (“TCTB” or “the Company) is pleased to announce that its wholly owned subsidiary, Tex Cycle Sdn Bhd (“Tex Cycle”), has on 15 July 2020, entered into a Shareholders’ Agreement (“Agreement”) with Pakar Go Green Sdn Bhd (“PGG”) and KLPK Niaga Sdn Bhd (“KLPK”). Tex Cycle, PGG and KLPK intend for Pakar B2E Sdn Bhd (“JV Co”) to be the joint venture vehicle for entering into projects relating to the development of renewable energy power plant, procurement and processing of biomass solid fuel for renewable energy generation, trading and/or export the by-products obtained from the process (“Project”). Please refer to the attachment for full text of announcement. This announcement is dated 15 July 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3068797

Attachments TCTB - Shareholders Agreement (15072020).pdf

icy97

Type	Announcement
Subject	OTHERS
Description	TEX CYCLE TECHNOLOGY (M) BERHAD (TCTB or the Company)SHARE SALE AGREEMENT BETWEEN EFS MYSOLAR SDN BHD (FORMERLY KNOWN AS TC CHAMP SDN BHD), EFS REVISION ENERGY SDN BHD AND INTEREST IN KLASIK AKTIF SDN BHD
The Board of Directors of TCTB is pleased to announce that EFS MYSolar Sdn Bhd (Formerly known as TC Champ Sdn Bhd) (“Purchaser or EFS”), the indirect subsidiary of the Company had on 29 July 2020 entered into a Share Sale Agreement (“SSA”) with EFS Revision Energy Sdn Bhd (“Vendor”) for the proposed acquisition of 500,000 ordinary shares in Klasik Aktif Sdn Bhd (“KASB”) (“Sale Shares”), representing the entire equity interest in KASB, for a total purchase consideration of RM1,803,750/- (“Purchase Consideration”) (“Proposed Acquisition”). Please refer to the attachment for full text of announcement. This announcement is dated 29 July 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3072981

Attachments TCTB - Share Sale Agreement - Klasik Aktif efs.pdf

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2020	30 Jun 2019	30 Jun 2020	30 Jun 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	5,036	8,083	10,459	16,040
2	Profit/(loss) before tax	1,084	3,327	776	4,542
3	Profit/(loss) for the period	849	2,275	375	3,430
4	Profit/(loss) attributable to ordinary equity holders of the parent	845	2,275	387	3,430
5	Basic earnings/(loss) per share (Subunit)	0.34	0.89	0.15	1.35
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	1.35
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4187		0.4155

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TEX CYCLE TECHNOLOGY (M) BERHAD

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-27082020-00001
Subject	FEED-IN TARIFF APPROVAL GRANTED TO PAKAR B2E SDN BHD BY SUSTAINABLE ENERGY DEVELOPMENT AUTHORITY MALAYSIA
Description	FEED-IN TARIFF APPROVAL GRANTED TO PAKAR B2E SDN BHD BY SUSTAINABLE ENERGY DEVELOPMENT AUTHORITY MALAYSIA
Query Letter Contents	We refer to your Company’s announcement dated 25 August 2020, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1) The financial impact of the Renewable Energy Power Purchase Agreement on Tex Cycle Technology (M) Berhad (“Tex Cycle”), including the effect on the group’s net assets per share, gearing and earnings per share. 2) Whether the directors, major shareholders and/or persons connected with them have any interest, direct or indirect, in the Renewable Energy Power Purchase Agreement, and the nature and extent of their interests. 3) A statement by the board of directors (excluding interested directors, if any) stating whether the Renewable Energy Power Purchase Agreement is in the best interests of Tex Cycle. Where a director disagrees with such statement, a statement by the said director setting out the reasons and the factors taken into consideration in forming that opinion.
Reference is made to the Company’s announcements dated 25 August 2020 and 27 August 2020 (“Announcements”) and the letter dated 27 August 2020 (IQL-27082020-00001) from Bursa Malaysia Securities Berhad in relation to the feed-in tariff approval. Unless otherwise stated, all abbreviations and definition used herein shall have the same meanings as those defined in the Announcements. Please refer to the attachment for full text of amended announcement, the amendments are highlighted in red colour for easy reference. This amended announcement is dated 28 August 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3083319

Attachments Reply to Bursa 27.08.2020 (amended).pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	TEX CYCLE TECHNOLOGY (M) BERHAD (TCTB or the Company)SHARE SALE AGREEMENT ENTERED BETWEEN EFS MYSOLAR SDN BHD (FORMERLY KNOWN AS TC CHAMP SDN BHD) WITH NURUNNIZA BINTI ZAINAL ABIDIN AND RABIATHULADAWIAH BINTI BASIRAT FOR THE ACQUISITION OF THE ENTIRE EQUITY INTEREST IN KANDIS ENERGY SOLARIS SDN BHD
The Board of Directors of TCTB wishes to announce that EFS Mysolar Sdn Bhd (Formerly known as TC Champ Sdn Bhd) , the indirect subsidiary of the Company had on 21 October 2020 entered into a Share Share Agreement with Nurunniza binti Zainal Abidin and Rabiathuladawiah binti Basirat for the proposed acquisition of 100,000 ordinary shares in Kandis Energy Solaris Sdn Bhd (“KESSB”), representing the entire equity interest in KESSB, for a total purchase consideration of Ringgit Malaysia Six Hundred and Fifty Thousand (RM650,000.00). Please refer to the attachment for full text of announcement. This announcement is dated 21 October 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3098059

Attachments TCTB - Share Sale Agreement - Kandis Energy Solaris.pdf

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2020	30 Sep 2019	30 Sep 2020	30 Sep 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	6,503	7,449	16,963	23,489
2	Profit/(loss) before tax	2,226	2,265	3,003	6,809
3	Profit/(loss) for the period	1,595	2,016	1,971	5,447
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,575	2,016	1,972	5,447
5	Basic earnings/(loss) per share (Subunit)	0.63	0.79	0.78	2.14
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	1.35
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4265		0.4155

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	6,129	6,503	19,952	16,963
2	Profit/(loss) before tax	2,062	2,226	5,944	3,003
3	Profit/(loss) for the period	1,817	1,595	4,523	1,971
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,809	1,586	4,506	1,967
5	Basic earnings/(loss) per share (Subunit)	0.72	0.63	1.79	0.78
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4498		0.4317