JPR 6.67% 2.8¢ jupiter energy limited

director buys 500000 on market, page-36

  1. kfc
    83 Posts.
    re: geezer All good news from JPR from what I can see, they are freezing the issue of any new licenses for manufacturing.

    http://news.google.com.au/news?ie=UTF-8&oe=UTF-8&client=firefox-a&rls=org.mozilla%3Aen-US%3Aofficial&tab=wn&ncl=http://www.btimes.com.my/Current_News/BT/Wednesday/Nation/BT586020.txt/Article/&hl=en

    JPR already has its license so it should not be affected.

    Government Approvals
    As previously announced, Jupiter Biofuels has received its licence from the Malaysian
    Industrial Development Authority (MIDA) to build the biodiesel plant and has now also
    received confirmation that it has been granted tax pioneer status which will exempt 100%
    of Jupiter Biofuels operating income from taxation in Malaysia for an initial period of
    five (5) years from the date of commencing commercial operations.
    No other approvals are currently outstanding in terms of what will be required to satisfy
    the requirements of proceeding to an Initial Public Offering of Jupiter Biofuels Limited.
 
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