AZRB won’t break here. It has to catch its peer soon. A lots of projects for East Coast planned. One of the beneficiaries would be AZRB, besides being a main Bumi contractor. Comfortably will reach 75 cents soon.
KUALA LUMPUR, Apr 11 (Sin Chew Daily) -- An agreement on the East Coast Rail Link (ECRL) project will be signed between Malaysia and China in Beijing tomorrow (Friday).
A source from the Malaysian negotiation team told Sin Chew Daily the prime minister's special envoy Tun Daim Zainuddin had arrived in Beijing and was negotiating the final details with China.
Daim will host a press conference at the Malaysian Embassy in Beijing at 2.00 p.m. tomorrow.
He is expected to announce the outcome of the final negotiation.
Chris is he there now or is it the same news as april 2nd.?The news was he went to china on the 2nd of april.Whether he did or not nobody knows.Now star report say he is going tommorow.What is what we dont know.
Stars reported he will be there tomorrow. The Edge Market and Sinchew reported he is already there now and there will be a press conference tomorrow at Malaysia Embassy!
April 2 is what the Chinese Govt wanted Tun Daim to conclude the discussion but Tun Daim said that it may be concluded by that weekend. Of course there will be some hiccups that would need some time finally to iron out. Now that we have the news that he is there which almost confirm certainty in the revival of the project. So now we have to till 2 pm tmrow to know what is finalised and also when and where the signing ceremony will take place. Rep from AG’s office is also present, that indicates signing is confirmed.Standby already maa.!!
PETALING JAYA: The controversial East Coast Rail Link (ECRL) project may be back on track with an expected announcement to be made tomorrow in Beijing.
A source closely linked to the project said a high-level Malaysian team is in Beijing to tie up loose ends over the previously inflated project.
“The delegation is in Beijing now to finalise talks on reducing the cost of the project.
“As of now, it is a go. If all details are agreed by both parties, a joint announcement will be made tomorrow,” he told FMT.
The source added the main contention is the cost of the project, which both parties are deliberating on before the announcement is made, adding that the talks are in the final stages.
He added that “if everything goes well”, Prime Minister Dr Mahathir Mohamad is expected to visit China to ink the deal, but added the dates will only be confirmed later.
On Monday, Economic Affairs Minister Azmin Ali had said that it was hoped that the negotiations would conclude before Mahathir leaves for China for the Belt and Road Forum, which starts on April 26.
Finance Minister Lim Guan Eng had hinted that the negotiations were going well and had said the alignment of the rail line may even be rerouted to benefit Negeri Sembilan.
He had also said the project would go on if the cost of construction could be reduced from RM66 billion to RM35 billion.
11-Apr-2019 Insider TAN SRI DATO' SRI HAJI WAN ZAKI BIN HAJI WAN MUDA (a substantial shareholder) disposed 65,000 shares on 09-Apr-2019. 11-Apr-2019 Insider TAN SRI DATO' SRI HAJI WAN ZAKI BIN HAJI WAN MUDA (a substantial shareholder) disposed 50,000 shares on 08-Apr-2019. 11-Apr-2019 Insider ZAKI HOLDINGS (M) SDN BHD (a substantial shareholder) disposed 65,000 shares on 09-Apr-2019. 11-Apr-2019 Insider ZAKI HOLDINGS (M) SDN BHD (a substantial shareholder) disposed 50,000 shares on 08-Apr-2019. 11-Apr-2019 Insider TAN SRI DATO' SRI HAJI WAN ZAKI BIN HAJI WAN MUDA (a company director) disposed 65,000 shares on 09-Apr-2019. 11-Apr-2019 Insider TAN SRI DATO' SRI HAJI WAN ZAKI BIN HAJI WAN MUDA (a company director) disposed 50,000 shares on 08-Apr-2019. 09-Apr-2019 Insider DATO MUSTAFFA BIN MOHAMAD (a company director) disposed 100,000 shares on 09-Apr-2019. 09-Apr-2019 Insider DATO MUSTAFFA BIN MOHAMAD (a company director) disposed 100,000 shares on 08-Apr-2019.
Aiyo don't be fooled by this small quantities of shares disposed by this director la See what's the significance? Look at the trend of the stock. Going up or coming down?? Use more common sense ma
Most time major or influence shareholder will use strategy to influence market either we to sell or to collect more. If they buy even small quantity we will feel secure or to follow and if they sell bit we feel something not right. It is a psycho game.
Malaysia to go ahead with China-backed East Coast Rail link Prime Minister Mahathir Mohamad’s office says first two phases of the project will now cost US$10.7 billion – about two thirds of the original cost
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....
nckcm
2,726 posts
Posted by nckcm > 2019-04-10 17:50 | Report Abuse
All loss counter will limit up!!