Will China Gov ALLOW WANDA invest ?

In May, the MoF cancelled the contract to develop Bandar Malaysia awarded in 2015 to the Sino-Malaysia joint venture, Iskandar Waterfront Holdings and China Railway Engineering Corporation. The ministry said the consortium had failed to meet payment obligations despite repeated extensions.

In 2015, the IWH-CREC consortium acquired a 60% stake in Bandar Malaysia for RM7.41 billion.

Following the controversial cancellation of the contract, which was initially contested by IWH-CREC, Putrajaya flirted with the idea of signing a contract with China real estate giant Dalian Wanda.

MORE UPSIDE. . .

tumble coming? i doubt

something good is coming?

something good is coming?

something good is coming?

something good is coming?

something good is coming?

something good is coming?

something good is coming?

something good is coming?

something good is coming?

something good is coming?

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/.

Se

1) DRB return Gov RM 300mil + preference dividend certificate RM50mil
2) Upon payment RM300mil above; DRB still owe Gov RM 1.2bil

3) Gov – RM1 .1 bil Reimbursement Grant to Proton
a) Settle in full its Syndicated Loan facility RM525 + 8.3mil
b) Pay to DRB RM566.7 mil

--> what will DRB do with cash RM 566.7 mil from Proton?

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DRB said during the same meeting, the management also highlighted that it was currently in the process of estimating the value of in-kind injection of the Boyue model


Read more at http://www.thestar.com.my/business/business-news/2017/06/20/drbhicom-geelys-boyue-rights-valuation-a-mere-assumption/#wrqfzj1kBdQJy4zU.99

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waiting DRB > RM 2 after singing contract

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1.82 tested .. . waiting fishing. .

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Bank Muamalat CEO says listing an alternative for shareholders

- Bank Muamalat is 70% owned by DRB-Hicom Bhd and the rest is held by Khazanah Nasional Bhd

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Waiting > 1.82


Waiting > 1.86

EPF bought 725k shares

Waiting > 1.82

4.80 - any chance ?

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Yeah

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Pm says says what..

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Ambank call warrants can limit up....

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