Any weakness in price is a great opportunity to add. I bought at RM 5.50, added more at RM 4.50, and added even more at RM 3.50. Development is coming to Sarawak. Being a major player in construction industry and the sole market supplier for concrete and construction material, CMSB stand to benefit from it. Just trust the management will be able to plug that leaky hole, they are not dumb.
Any weakness in price is a great opportunity to add. I bought at RM 5.50, added more at RM 4.50, and added even more at RM 3.50. Development is coming to Sarawak. Being a major player in construction industry and the sole market supplier for concrete and construction material, CMSB stand to benefit from it. Just trust the management will be able to plug that leaky hole, they are not dumb.
Cahya Mata-Bina Puri JV clinches RM1.36 bil Pan Borneo Highway job
KUALA LUMPUR (July 25): A joint venture (JV) between Bina Puri Holdings Bhd and Cahya Mata Sarawak Bhd has received and accepted a letter of award from Lebuhraya Borneo Utara Sdn Bhd for the proposed development and upgrading of Pan Borneo Highway in Sarawak for a contract sum of RM1.36 billion.
The award is for Phase 1 of the highway, for the construction of roads and bridges from Sg Awik to Bintangor Junction.
According to Bina Puri's announcement today, the contract is for a period of 47 months.
The 70:30 JV is between PPES Works (Sarawak) Sdn Bhd (PPESW) and Bina Puri Sdn Bhd (BPSB).
The PPESW-BPSB JV was incorporated to undertake the contract as a condition imposed in the tender for the contract.
PPESW is the main construction arm of Cahya Mata Sarawak while BPSB is a wholly-owned subsidiary of Bina Puri.
Worth to look into it as CMSB not only the main supplier for cements and also project lead + handsome big projects..
KUALA LUMPUR (July 25): A joint venture (JV) between Bina Puri Holdings Bhd and Cahya Mata Sarawak Bhd has received and accepted a letter of award from Lebuhraya Borneo Utara Sdn Bhd for the proposed development and upgrading of Pan Borneo Highway in Sarawak for a contract sum of RM1.36 billion. The award is for Phase 1 of the highway, for the construction of roads and bridges from Sg Awik to Bintangor Junction. According to Bina Puri's announcement today, the contract is for a period of 47 months. [X] CLOSE Advertisement
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The 70:30 JV is between PPES Works (Sarawak) Sdn Bhd (PPESW) and Bina Puri Sdn Bhd (BPSB). The PPESW-BPSB JV was incorporated to undertake the contract as a condition imposed in the tender for the contract. PPESW is the main construction arm of Cahya Mata Sarawak while BPSB is a wholly-owned subsidiary of Bina Puri. "With this award, the total (worth of the) projects secured by the group in 2016 is RM480.66 million. We are confident of more successful awards before year end," said Bina Puri.
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....
BN_menang
2,982 posts
Posted by BN_menang > 2016-06-01 19:52 | Report Abuse
Returning GST to people
http://www.thestar.com.my/news/nation/2016/06/01/returning-gst-to-people-tax-revenue-to-be-used-for-major-projects-says-najib/