Tanco's share price has been making a strong rebound lately as a lot of people see value in this company. Its technical chart looks nice too, by the way
The Board of Directors of Tanco wishes to announce that Midports Holdings Sdn Bhd (a 79% owned subsidiary of Tanco) (“MHSB”) had on 27 February 2024 received the signed conditional Joint Venture Agreement (“the JVA”) from Menteri Besar Negeri Sembilan (Pemerbadanan) (“MBINS”) for the Project where both MHSB and MBINS are proposing to jointly develop and operate a smart artificial intelligence (“AI”) container port (“the Proposed Joint Venture”) on a section of submerged land in Dickson Bay, District of Port Dickson, Negeri Sembilan measuring approximately 33.66 hectares (approximately 83.19 acres) (“the Land”).
The management is confident that its various business sectors will continue to grow and contribute positively to the company with the ongoing projects completing
Midports Holdings, a subsidiary of TANCO, is 79% owned by TANCO. TANCO now has a market capitalization of RM1.4b, which is very valuable even at the current price
The first AI container port in the state is located in Pasir Panjang, Port Dickson. It has a 1.8km jetty and a terminal and container operation area of approximately 80.93 hectares equipped with automatically operating gantry cranes.
This AI port is going to create 5,000 new job opportunities in various fields. In the long run, it will have a good impact on the national and state economy
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....
mastertrder
80 posts
Posted by mastertrder > 2024-02-20 16:26 | Report Abuse
push push push! a little more then can break 0.70!