Biggest and largest project being approved, MRCB as the key property and infrastructure player who backboned by government (sugar daddy) will sure darling them with full of cash.
Once BM materialise n reward to Iwh-crec, mrcb will be benefitted as a ...., however Bandar Malaysia is not awarded to iwh-crec who would be the 1st company to JV with china??
Even though ecrl and Bandar Malaysia projects have been revived, implementation must proceed immediately. Any dilly dally will result in drop of share prices...
Malaysian Resources Corporation Berhad - a New Catalyst From Bandar Malaysia Author: sectoranalyst | Publish date: Mon, 22 Apr 2019, 10:46 AM
INVESTMENT HIGHLIGHTS Following a cabinet meeting last week, the government has decided to revive Bandar Malaysia, since its termination in May 2017 The master development was reportedly valued at RM200b in GDV MRCB had previously signed MOU for Bandar Malaysia TOD The group is well positioned to undertake the project as transportation developer We maintain our BUY call with higher TP of RM1.05 Bandar Malaysia brought back to life? Following a cabinet meeting last week, the government has decided to revive Bandar Malaysia since its termination in May 2017. The announcement was made by the Prime Minister Tun Dr Mahathir Mohamed, who further added that certain changes will be made to its original plan.
Background on Bandar Malaysia. In earlier estimate, Bandar Malaysia was reportedly valued at RM200b in GDV and to be developed in a span of 25 years. The 486-acre development, which sits on the old Sungai Besi air force base, will house transit oriented development (“TOD”), global business hub and retail lifestyle destination. Accordingly, the whole development would potentially take place over 15-25 years.
MRCB previously signed MOU for Bandar Malaysia TOD. In January 2017, MRCB had entered into a non-binding MoU with Wondrous Vista Development Sdn Bhd and TRX City Sdn Bhd. The idea was to collaborate in developing an integrated transportation terminal at Bandar Malaysia which will house the terminus of the Kuala LumpurSingapore high-speed rail (HSR) line. Following Bandar Malaysia termination in May 2017, we believe the agreement should have lapsed as it was only valid for six months.
MRCB backed by solid track. Following the project’s revival, we think that it could potentially unmask meaningful catalyst for MRCB. Whilst details are still scarce, we believe opportunities are ample given the latest GDV estimation of RM140b. Positively, it was mentioned by the PM that bumiputera participation and the use of local content will be given priority throughout the project. On that note, we think MRCB is well positioned to participate in this project, adding to its track record in building PJ Sentral and KL Sentral as transportation developer.
Lets see how promoter promoted belisai until suspended LOL
trap666 buy lah 15/01/2019 14:29
trap666 UP UP UP Perisai 15/01/2019 14:34
trap666 Tmr will be U-TURN 15/01/2019 14:34
trap666 BUY BUY BUY NOW 15/01/2019 14:34
trap666 it is just trick fast buy buy buy ~ 15/01/2019 15:17
trap666 you are management meh !? All about show · 15/01/2019 15:18
trap666 u all go support 0.005 can mou @@! 15/01/2019 15:28
trap666 no no no...still not sink yet !!!! Buy buy buy...wait for U TURN !!!!!!!!!!!!!!! 15/01/2019 17:19
trap666 Im just here to show how stupid you all are. This is the real TRAP ~ 16/01/2019 09:58
trap666 And if anyone really buy this perisai due to my BUY CALL, you all really stupid lah...just take it experience okay..DO NOT believe BUY CALL in the forum ~~~~~~~
PUTRAJAYA: Prasarana Malaysia Bhd will receive 27 new train sets for the Kelana Jaya (KLAV-27) line of the Light Rail Transit system. Lim said for the Industrial Collaboration Programme (ICP) for KLAV-27 with a contract value of RM1.7 billion, BHC is committed to using at least 35 per cent local content valued at RM600 million. For the RM473 million contract to refurbish the two-coach train sets for the Kelana Jaya line, Lim said BHC has agreed to broaden the local supplier data base for rolling stock.
“The supply of local components and services by 14 local companies is worth an estimated RM100.7 million,” he said, adding local companies’ involvement in the supply of components and services at competitive rates could ensure the rail sector’s sustainability. - Bernama
This means Bombardier has committed to use an estimated RM700.7 million worth of local content in delivering these contracts. These commitments come under the government's Industrial Collaboration Programme (ICP), a policy that applies to all government procurement activities related to supplies, services and works which exceed certain thresholds; namely above RM50 million for procurement contracts awarded to foreign companies, and above RM100 million for contracts awarded to local ones.
Hi CindyCKL..some opinions carry more weight than others..if u know wat i mean..hehe.. Looking at the overall scenario, i think this counter can touch 1.30 easily.
Tabung haji is out of the picture, they have many problems to settle, n that’s the main reason why they force sell before mrcb fly!! Do u think their info is slower than you??! Sometimes the problems they face are to hot to handle that’s why they sell.... better not follow TH my friend.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Chewing Gum
29 posts
Posted by Chewing Gum > 2019-04-19 22:20 | Report Abuse
Biggest and largest project being approved, MRCB as the key property and infrastructure player who backboned by government (sugar daddy) will sure darling them with full of cash.