Good news is "Project HSR,,Tun sudah batalkan" now more focus on KTM up grade the services..HSR tidak perlu as for now... so Gkent hope sudah habis lor... people only can dream now. ECRL akan dibahagi kpd big2 contruction like Gamuda, MRCB, IJM which PH gengbang members...
Please sell all your Gkent if you don't have confidence. No point keep on writing negative things about Gkent. A lot of people wanted to buy your share.
SHQuah,,Im not giving a negative words about Gkent but I just telling a truth about the HSR and ECRL, in fact that HSR has been stop by Tun M...yesterday TV3 news.
Gkent and MRCB has the experience in LRT3. With their past records, I am sure they stand a good chance getting more similar projects. According to Gkent management, they are still working on new proposal and will continue tender whenever they has the opportunity.
Im wondering who came in to swing the big balls at lunch - Morning had a whole bunch of wussies dumping down - Kontra cover ke? I also contra la hiak hiak - but I'll pay up if I have to..
Sing,,,beware big buyer is sometimes Big Shark bro..they buy big volume and they also dump out with big volume even its up only 1 cent.. most of them are contra player to..if we follow them we die lor
The problem is KLSE is the poorest performed stock exchange now and the whole world knows. There must be some conspirators to pull down the market here. FTSE also want to downgrade KLSE and it will be a big disaster when that happens.
Just because of one person, we change to whole government. Now worse. PM & LGE didn't do a good job in getting investors confidence. Who to blame ? Ourselves.
George Kent is an engineering company involved in manufacturing, trading, and investment, development of services development of water infrastructure projects and provision of construction services. Its core businesses are in the water and construction industries.
Since 1930's George Kent has been synonymous with water services and water works products as well as water infrastructure projects since its inception in the 1930’s. With its technical and engineering capabilities and competencies, it has evolved and ventured into rail transportation and healthcare sectors in the recent years.
Daim: Plenty of room for local contractors in renegotiated ECRL project Published 2 hours ago on 19 April 2019
Tun Daim Zainuddin (left) urged local contractors to get involved in the resumed ECRL project. — Picture by Hari Anggara Tun Daim Zainuddin (left) urged local contractors to get involved in the resumed ECRL project. — Picture by Hari Anggara KUALA LUMPUR, April 19 — The renegotiated East Coast Rail Link (ECRL) project offers plenty of opportunities to local contractors, including Bumiputeras, in public works like supplies and technical aspects, said Tun Daim Zainuddin.
Daim, the prime minister’s special envoy who successfully renegotiated the project with the Chinese government on April 12, said local contractors should seize these opportunities as the project offers many attractive packages that will change the country’s economic landscape, and it will be a loss to let these chances slip.
“If you lack capability, you need to cooperate closely with foreign experts because many packages will be offered. In fact, it is not impossible for their (local contractors) involvement to exceed 40 per cent if the collaboration succeeds. I can see, maybe in supplies and technical aspects. So, they should be prepared.
“They should go and discuss with Malaysia Rail Link Sdn Bhd (MRL), show the expertise and services that can be offered. This is an international tender, need to be productive, don’t wait for opportunities to come knocking, don’t wait for people to call, don’t criticise without facts, business people must move.
“Come and see me if you are shy; I will help if they are really qualified. Don’t expect the government to feed you; you yourself should prepare and go meet the industry players,” he told Bernama in an interview at his office here.
The ECRL project was started by the previous government under Barisan Nasional but was suspended last year by the Pakatan Harapan government because of its high cost.
Last April 12, MRL and China Communications Construction Company Ltd (CCCC) signed a Supplementary Agreement (SA) which paves the way for the resumption of the mega project.
Under the new agreement, construction of Phases 1 and 2 of the ECRL will be resumed at a cost of RM44 billion, a reduction of RM21.5 billion from the original projection of RM65.5 billion. The rail line will have a new alignment which cuts its distance by 40 km to 648 km and reduces its cost per kilometre from RM98 million to RM68 million.
On April 15, Prime Minister Tun Dr Mahathir Mohamad said the SA will boost the participation of Malaysia in public works of the ECRL project to 40 per cent from 30 per cent previously.
Daim said the ECRL will not be a white elephant as it will carry 70 per cent cargo and 30 per cent passengers and will have spillovers like creating job opportunities, especially for people in the east coast.
"For sure, this project is among the biggest for the east coast people and most expensive ever undertaken to bring about a balance (in development) between the west and east because all this while they have been left behind. The east coast will change; we have opportunities with the implementation of ECRL.
“In fact, I have discussed (ECRL prospects) with the Terengganu menteri besar. And I will go to Kelantan later. We hope the states involved will take the opportunity to hold various promotions to attract investors.
“This is a chance to use the opportunity wisely because this project is the biggest ever implemented on the east coast alignment, which is rich in east coast culture and customs, delicious food, business and investment opportunities. Because of this, we need to seize the opportunities for our common good,” he said.
He said the business and tourism sectors are among those that will benefit from the ECRL as it will definitely create economic opportunities and new jobs at each station and stop.
“If, previously, we can be successful in the west coast, why can’t we do the same for the east coast? This has the potential to bring about balanced development in Peninsular Malaysia,” said Daim, a former finance minister.
The new alignment covers 648 km over five states — Kelantan, Terengganu, Pahang, Selangor and Negri Sembilan — and Putrajaya, compared to only four states under the old alignment. — Bernama
haha.. Gkent most probably not involve in it, you can try to call thier office, yesterday I call them, they are unsure or felling trouble what that I ask about ECRL
Daim: Renegotiated ECRL offers plenty of opportunities to local contractors
"If you lack capability, you need to cooperate closely with foreign experts because many packages will be offered. In fact, it is not impossible for their (local contractors) involvement to exceed 40% if the collaboration succeeds. I can see, maybe in supplies and technical aspects. So, they should be prepared. "Come and see me if you are shy; I will help if they are really qualified. Don't expect the government to feed you; you yourself should prepare and go meet the industry players," he told Bernama in an interview at his office here.
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....
iwantberich
194 posts
Posted by iwantberich > 2019-04-17 12:26 | Report Abuse
see the buying volume at 1.24 ...huge amount.. i think some good news is coming