MMC CORPORATION BHD

KLSE (MYR): MMCCORP (2194)

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Last Price

1.99

Today's Change

0.00 (0.00%)

Day's Change

1.99 - 2.00

Trading Volume

10,938,600


11 people like this.

9,259 comment(s). Last comment by emsvsi 1 month ago

ivankvs

517 posts

Posted by ivankvs > 2016-04-05 09:28 | Report Abuse

^_^

The One

2,949 posts

Posted by The One > 2016-04-05 13:46 | Report Abuse

It went up 25% since a month ago.. so prolly have to wash out the profit takers.. before the take off.. again..

eason10

1,081 posts

Posted by eason10 > 2016-04-05 16:15 | Report Abuse

Coming

Jeremykid

236 posts

Posted by Jeremykid > 2016-04-05 16:24 | Report Abuse

suddenly boost walao!!

eason10

1,081 posts

Posted by eason10 > 2016-04-05 16:26 | Report Abuse

D warrant didn't up according to mother share

eason10

1,081 posts

Posted by eason10 > 2016-04-05 16:26 | Report Abuse

When drop, dropped synonymous

eason10

1,081 posts

Posted by eason10 > 2016-04-05 16:30 | Report Abuse

Nowadays, can't play warrants

eason10

1,081 posts

Posted by eason10 > 2016-04-05 16:30 | Report Abuse

Liar

supermix88

102 posts

Posted by supermix88 > 2016-04-06 00:30 | Report Abuse

Mother moving up after those people had collected enough by pushing it down for the past 3 days with 1 lot each time. Time to move higher to TP of $3.10++

ivankvs

517 posts

Posted by ivankvs > 2016-04-06 10:50 | Report Abuse

^_^

Jeremykid

236 posts

Posted by Jeremykid > 2016-04-06 17:37 | Report Abuse

Today drop bac again

Posted by Pui Che Hong > 2016-04-06 20:28 | Report Abuse

Buy buy buy

tjhldg

27,218 posts

Posted by tjhldg > 2016-04-07 00:49 | Report Abuse

:)

supermix88

102 posts

Posted by supermix88 > 2016-04-07 06:20 | Report Abuse

Boh lat, down again.

markkim

111 posts

Posted by markkim > 2016-04-07 08:46 | Report Abuse

going up gradually

supermix88

102 posts

Posted by supermix88 > 2016-04-07 18:48 | Report Abuse

still lagging behind, need some good push.

Jeremykid

236 posts

Posted by Jeremykid > 2016-04-07 19:01 | Report Abuse

true @supermix88

supermix88

102 posts

Posted by supermix88 > 2016-04-07 19:06 | Report Abuse

brother Jeremykid, if there's a strong push this MMC will reach towards $3 .......just be patient as alot of people still don't know it's worth.

Posted by Pui Che Hong > 2016-04-07 19:23 | Report Abuse

Continue to buy.

calvin

249 posts

Posted by calvin > 2016-04-08 02:14 | Report Abuse

strong support 2.10

ivankvs

517 posts

Posted by ivankvs > 2016-04-08 10:12 | Report Abuse

Pan Borneo - MMC 20% - Jun'16

Jeremykid

236 posts

Posted by Jeremykid > 2016-04-08 18:22 | Report Abuse

@supermix88 lets see till end of April got any movement or not. I'm not sure if there's a saying that around May, market will start to go down

Posted by Pui Che Hong > 2016-04-08 19:38 | Report Abuse

2.12 still value buy

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-04-08 20:29 | Report Abuse

Sure got meh, pan Borneo

Jeremykid

236 posts

Posted by Jeremykid > 2016-04-10 11:21 | Report Abuse

If my calculation is correct, MMCCORP should at least worth 2.57 @supermix88

dingding

843 posts

Posted by dingding > 2016-04-10 13:11 | Report Abuse

:)

ivankvs

517 posts

Posted by ivankvs > 2016-04-10 14:23 | Report Abuse

^_^

tjhldg

27,218 posts

Posted by tjhldg > 2016-04-10 19:49 | Report Abuse

ding dind danggggggggggggggggg ...vroommmmmmmmmmmmm :)

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-04-10 20:05 | Report Abuse

Where?

qwerty

977 posts

Posted by qwerty > 2016-04-11 00:09 | Report Abuse

If price were to close above 2.12 tomorrow, its going to move up soon.

yongyou

4,676 posts

Posted by yongyou > 2016-04-11 11:54 | Report Abuse

Hello Bro qwerty, nice to meet u here. seldom see your posting nowadays.

might afraid if 2.10 cannot hold, shall see 2.08

wsthong123

441 posts

Posted by wsthong123 > 2016-04-11 12:25 | Report Abuse

Volume coming ~

qwerty

977 posts

Posted by qwerty > 2016-04-11 12:32 | Report Abuse

Hi yongyou, yes, I haven't been writing for quite a long time. But I m invested into this MMC. I see it coming. So only need to hold it as long as the market is not collapsing.

wsthong123

441 posts

Posted by wsthong123 > 2016-04-11 14:49 | Report Abuse

waiting to break 2.130, once break hoho..

yongyou

4,676 posts

Posted by yongyou > 2016-04-11 15:06 | Report Abuse

http://www.theedgeproperty.com.my/my/content/sabah-pan-borneo-highway-made-official-govt-and-pdp-signing-agreement

PUTRAJAYA (April 11): The Sabah portion of the Pan Borneo Highway upgrading works have been made official by the signing of a project delivery partner (PDP) agreement by the federal and state governments and the PDP, which includes public-listed MMC Corp Bhd and Khazanah Nasional Bhd-owned UEM Group Bhd.

The signatories of the agreement are Public Works Department chief of secretary Datuk Seri Zohari Akob, Sabah government's secretary Tan Sri Sukarti Wakiman, and Borneo Highway PDP Sdn Bhd managing director Ir Shahelmy Yahya.

Sixty percent of the PDP is owned by privately held Warisan Tarang Construction Sdn Bhd, while the remaining stake is owned by an equally owned joint venture between UEM Group and MMC Corp.

Prime Minister Datuk Seri Mohd Najib Abdul Razak and his deputy Datuk Seri Ahmad Zahid Hamidi bore witness to the signing ceremony.

Borneo Highway PDP, acting as the PDP of this 706-km highway construction, effectively becomes the single point of accountability to manage and supervise the first phase of the highway at the most optimal cost, and is responsible for completing it by Dec 31, 2021.

The first package of the Sabah side of Pan Borneo Highway is the Papar-Donggongon row that stretches 11.7 km. Most parts of this epic project will see the existing road becoming a dual carriageway with four lanes on each side.

The project is set to be launched by the end of April, according to a statement prepared by the Public Works Department. – theedgemarkets.com

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-04-11 17:23 | Report Abuse

So? Hor seh???

wsthong123

441 posts

Posted by wsthong123 > 2016-04-11 20:13 | Report Abuse

The share price will slowly move higher.

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-04-11 20:28 | Report Abuse

Shit, Belum beli cukup leh

dingding

843 posts

Posted by dingding > 2016-04-11 20:30 | Report Abuse

Ding ding ding............ :)

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-04-11 20:37 | Report Abuse

OTHERS
Description APPOINTMENT AS THE PROJECT DELIVERY PARTNER FOR THE IMPLEMENTATION OF PHASE 1 OF THE PAN BORNEO HIGHWAY (SABAH)
MMC Corporation Berhad ("MMC" or "Company") is pleased to announce that Borneo Highway PDP Sdn Bhd ("BHP"), has on 11 April 2016 executed the Project Delivery Partner Agreement ("PDP Agreement") with the Government of Malaysia and the State Government of Sabah (collectively, the "Owner") in respect of the implementation of Phase 1 of the Pan Borneo Highway (Sabah) (“Project”).

BHP is 40% owned by UEM MMC Joint Venture Sdn Bhd (“UMJV”), which in turn is a jointly-controlled entity of MMC. MMC’s effective interest in BHP, via UMJV, is 20%.

The salient terms of the PDP Agreement

BHP shall perform its services in the implementation, supervision, management and delivery of the Project within the time and cost allocated for the Project.

The Completion Date for the Project is scheduled on 31 December 2021.

Source of Funds

MMC shall fund its share in BHP through internally generated funds and bank borrowings.

Financial Effects:

Share Capital and Substantial Shareholders' shareholdings

The Project will not have any effect on the share capital and substantial shareholders' shareholdings of MMC.

Earnings per Share

The Project is not expected to have any significant effect on the earnings of the MMC Group for the financial year ending 31 December 2016. However, it is expected to contribute positively to the future earnings of the MMC Group.

Net Assets (“NA")

The Project is not expected to have any significant impact on the NTA of the MMC Group for the financial year ending 31 December 2016.

Approval(s) Required

The execution of the PDP Agreement is not subject to the approval of the shareholders of MMC or any government authorities.

Directors' and Major Shareholders' Interest

None of the Directors, major shareholders or persons connected to them has any interest, direct or indirect, in the Project.

This announcement is dated 11 April 2016.

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-04-11 20:38 | Report Abuse

Lots of capital up front... Hair, right issues lagi? Debts Sudan high leh

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-04-11 20:45 | Report Abuse

But nvm the less, mmc sure have counter!

Jeremykid

236 posts

Posted by Jeremykid > 2016-04-11 21:39 | Report Abuse

wah tomorrow if up can sapu a bit more, hopefully can boost

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-04-12 01:02 | Report Abuse

Fund mgr cant wait to sapu, sure gap up fast

tjhldg

27,218 posts

Posted by tjhldg > 2016-04-12 01:03 | Report Abuse

MMC’s effective interest in BHP, via UMJV, is 20%.... .:)

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-04-12 01:42 | Report Abuse

Yes., only 20%. Much left to the sarawak company.

paperplane2016

21,668 posts

Posted by paperplane2016 > 2016-04-12 01:43 | Report Abuse

They wanna build something like plus highway standard, so sure need uem loh. Got plus advisers

Posted by apabolehbuat > 2016-04-12 08:26 | Report Abuse

Don't underestimate 20%. It's only a start!

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