MELAKA (Sept 7): The proposed Malaysia Tourism City (MTC) project which would feature the world’s first Hasbro water theme park in Kuala Linggi here is waiting for approval from the Economic Planning Unit (EPU).
Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri said the project worth RM120 million should be scrutinised properly, before it is finalised.
“The ministry has presented the project’s proposal to the EPU and they have already visited the site. That means there is a potential that the project will be developed there.
“We hope the EPU will approve the project soon,” she told reporters after paying a courtesy call on the Yang Dipertua Negeri Tun Mohd Ali Rustam at his office in Ayer Keroh here, today.
Also present was the ministry’s secretary-general Datuk Dr Noor Zari Hamat.
The MTC project to be developed by Meridian Bhd comprises four main branches, namely mass tourism, health tourism, education tourism and ecotourism on a 251-hectare land.
Among the components of the project is the Hasbro Theme Park, in which the international toy brand will have about 1,000 intellectual properties on-site such as Nerf, My Little Pony, Mr Potato Head, Play-Doh, Battleship, Monopoly, Elefun & Friend, as well as Mousetrap.
The project is expected to generate RM5 billion additional income to the country’s tourism sector.
Earlier, Nancy said various issues pertaining to tourism, culture, arts and heritage were discussed during the courtesy call.
“The ministry welcomes several views shared by Tun Mohd Ali in order to further develop the tourism sector in Melaka and they will be brought up at the ministerial level,” she said.
I wonder who is still buying meridian shares.... you realize that there's 0 business (operations) income, the previous Seth Yap with the so called tourism city project has sold out all his shares.. (Limited future earnings visibility)
The price way exceeds their NAPS... seriously, the only reason the share price is still high is due to somewhat strong holding power of whoever that is still holding the shares.
And they're again asking more money 30% from the shareholders...
Once the selling starts, it'll get real ugly real fast... my 2c....
Mak Meridian ni buat anak dan beranak je pandai..Beranak sampai 3..Naik bukan nak bawak anak..Silap hari bulan kluar anak ke 4..Produktif buat anak jek..puiiiiee..
@susanchan: Yeah. HMR proposed to buy this Meridian share (juicy share). It should not be lao sai like that...cant believe it....All members kena this share until no road....only this ones can let the whole ship sinked.
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....
aris743
726 posts
Posted by aris743 > 2020-09-11 18:01 | Report Abuse
mother up. son slow