if Desmond is using WCT to bid instead of Malton, malton will have a free fall. I think better buy 2 counters instead of 1....very hard to invest. Think until my white hair turns to black hair
LOL. If TS Desmond use WCT. THATS HIS PROBLEM. if he use Malton thats his problem. why concern about buying two shares less u bought it at the peak price. ahahhahahaha
The request for proposal process, which will commence immediately, will entail strict criteria and require interested parties to display relevant experience, a proven track record, speed of delivery, content creation and the financial capability to deliver a project of this scale
Construction sector MITRA BUY : We have identified four mega rail projects that will be rolled out over the next two to three years. These include the East Coast Rail Link (ECRL), Kuala Lumpur-Singapore High-Speed Rail (HSR), Gemas-Johor Baru electrified double-tracking (EDT) project and mass rapid transit 3 (MRT3) Circle Line. Collectively, these mega rail projects will have a total cost of RM171 billion.
The 600km ECRL (RM55 billion) will link Kelantan, Terengganu, Pahang and Selangor. Financing will come from the Export-Import Bank of China, while China Communications Construction Co Ltd will lead the construction works. The Land Public Transport Commission has given its conditional approval for the ECRL which is now undergoing a three-month public inspection. Final approval is targeted for June and construction is to begin in July.
In December 2016, Malaysia and Singapore inked a bilateral agreement to implement the 350km HSR. The joint development partner has been appointed and tenders for the asset company will be called by year end, while the infrastructure works are expected in the first quarter of 2018. Media reports have placed the HSR’s cost at RM60 billion.
The Gemas-Johor Baru section (191km) is the final EDT stretch from the north to south of the peninsula. A consortium of three state-owned Chinese contractors was awarded the RM9 billion job in October 2016. Work has yet to start due to issues with state authorities.
Also dubbed the Circle Line, MRT3 will largely be underground, providing interchange stations with other radial rail lines. Currently at a feasibility study stage, the 45km to 48km MRT3 is said to cost RM50 billion.
While the bulk of these mega rail projects will be led by foreign contractors, we estimate that 39% could be undertaken by locals, potentially generating RM67 billion worth of job flows. The significance of these mega rail projects to the construction sector should not be underestimated. To illustrate, domestic job wins for listed contracts hit a high of RM28 billion in 2012 and RM56 billion in 2016 when MRT1 and MRT2 were rolled out.
Dunno why, but i am still positive about this counter despise all the negative comment. I still feel tat this counter will come back again. Of cos short term contra player will be squeeze.
seems like malton price versus iwcity price. One up, one down; one down, one up. If buy both, sure might also losing money. so which one to buy? It depends on who is stronger.
Please note that the last date to convert malton-la to malton is may 23 2017 (next week Tuesday) , please tell your friends who has malton-la to convert to mother share to avoid losses
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....
hng33
20,491 posts
Posted by hng33 > 2017-05-17 14:52 | Report Abuse
The highest possible value will be sought to ensure that the best deal for the taxpayer is obtained ---- High odds for best deal maker, Desmond Lim
http://www.themalaymailonline.com/malaysia/article/pm-appoints-irwan-serigar-as-head-of-bandar-malaysia-trx-city?utm_source=dlvr.it&utm_medium=twitter