On Fiberisation , do you think TM will favour Dura -mine which is 100 % local bumiputra company or Opcom which is JV with foreign company Ericsson , 70 : 30 , esp now under new Government.
The early warning shots of NETX at 0.005 is here. Latest news from national newspapers as government struggles to divert resources to healthcare and social services. NFCP put on indefinite hold. Only payment for phase 1 and phase 2 OCT 2020 RFP tender canceled until due notice.
So... now what Mr Calvin Tan Eng Yee? You said got tender. Please explain further. Government expanding resources to healthcare and military instead with their 50 billion allocation.
So.. without NFCP what does NETX have in its future?
Oil price has dropped to USD 22 per barrel. As demand and supply world wide plummet.
Oh no.
>>>>>>>>>>>
Government has started putting major projects on hold which is unnecessary to daily public and national importance.
Malaysia is looking at a shortfall of more than 58 billion ringgit for the allocation of public works due to cancellation of GST and shortfall from O&G revenue income.
NCFP project has been put on hold at all major states except Kelantan, Terrenganu, Sabah & Sarawak. Revision of packages to drop from 30 mb/s to 15mb/s speeds in rural locations.
In this case Dura will be benefited as a TM registered 100 % local Bumiputra company under Vendor Developement Program.
Definitely local manufacturers will be benefited . As read Dura factory land is 8 acre , Opcom is 10 acre. I had a query why Opcom revenue and profit is reduced in FY19 under NFP , further to 3Q FY20 is at loss under NFCP.
Wah General Manager - Finance is resigned . What is this imply when the account book is at Loss....3Q at Loss ..
Date of change 16 Mar 2020 Name MISS NG HUI TIENG Age 45 Gender Female Nationality Malaysia Type of change Resignation Designation Principal Officer Reason To pursue other interest
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Mikecyc
46,651 posts
Posted by Mikecyc > 2020-03-19 23:27 |
Post removed.Why?