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Re: Fasctrack post# 46913

Monday, 07/14/2014 12:42:11 PM

Monday, July 14, 2014 12:42:11 PM

Post# of 53982
Fasctrack........There is no partnership with QL Resources. QL is the designated reseller of the KDS in that region, in addition to using them for their own purposes. FASC has a partnership there via FASCM, which is shared with Neo Tek Siong (Sawipac) and Noel Wambeck.

QL purchased multiple KDS for its Malaysian palm plant biomass project. The Indonesian plant is something like 15X the size of the Malaysian plant.

As noted in the article, there has been a long gestation period for QL, with regard to its Indonesian project. But that appears to be coming to fruition now, finally.

By virtue of QL getting the ball re-rolling in Indonesia, we could be looking at something on the order of 15X the number of KDS that are employed in Malaysia being sold to QL for Indonesia.

FASC has long been awaiting the above to occur.....looks like the wait will be over soon now.

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