azrb will definitely able to get involved in ecrl some where. Those tender already out this few months are very very little amount if compare to the overall value of ecrl. every eye are looking. cccc have to give at least 40% of the total job to local companies....
get seated folks , the track is under construction, but the race is going north,,jump in the bandwagon , rocket fuel for turbo thrust almost ready to fire kikiki
KUALA TERENGGANU (Sept 2): The Terengganu government hopes that the main contractor for the East Coast Rail Link (ECRL) project, China Communications Construction Ltd (CCC), will reconsider the terms of contract award to local companies.
Menteri Besar Datuk Seri Dr Ahmad Samsuri Mokhtar said this was to ensure that the local companies could compete and participate in the ECRL project in the state.
He said that although 40% of the allocation of RM7 billion worth of total contracts in Terengganu was provided for local companies, he was concerned that no company would be eligible for the ECRL project contracts due to overly strict conditions.
"The CCC needs to consider the locality aspect because for the companies in Terengganu... this is their homeland, they are here but the implementation of the project is done by outsiders. Of course, they (the local companies) are not satisfied,” he added.
He said this after attending the signing ceremony of the consortium formation agreement between Ahmad Zaki Sdn Bhd and GPQ Sdn Bhd, MMC Engineering Sdn Bhd, and P-Excell Management Sdn Bhd for the ECRL project.
"At the same time, CCC must also try to understand about the situation in Malaysia, the involvement of the companies (local) is not only to make profit but the job would provide a good learning experience for them," Ahmad Samsuri said.
He said he was aware of the stringent conditions set by the CCC, but the company is also urged to understand the aspects of locality, constraints and difficulties, among others, faced by local companies to meet those conditions.
The management must engage syndicate to play up the share price,at the moment KLSE is free playing because Bursa regulator keep one eye closed on market activity.MMAG making lost company played until rm1.50 but only received light written query from Bursa without further action .So,AZRB should send someone to contact Bursa for briefing and arrange syndicate to run the show .
Pontianak, W Kalimantan (ANTARA) - The Indonesian Forum for Environment (Walhi) of the West Kalimantan chapter urged the government to adopt strict measures against domestic and foreign corporations behind forest fires in their concessions that triggered haze in the region.
Director of West Kalimantan's Walhi Anton P. Widjaya remarked that the organization is monitoring the government's commitment to enforcing the law against errant companies in the province.
"We are upbeat about the investigation process by the police and Environment Ministry being conducted in a transparent manner. The move to seal off some concessions did not have any impact, if it will only end in administrative sanction. The police should delve deeper into it to investigate corporate crime cases in connection with the land and forest fires to unearth the involvement of domestic or foreign companies," Widjaya noted in a statement here on Tuesday.
The government has sealed off plantations operated by 26 companies, including four subsidiaries of Malaysian groups and a Singaporean company, after fires were detected in their concessions covering 5,531 hectares of land, the ministry had stated on Sept 14.
On August 21, the Environment and Forestry Ministry had sealed off a Malaysian palm oil plantation PT Ichtiar Gusti Pudi (IGP) that caused forest fires in 133 hectares of its concession land in Muut, Pak Mayam Village of Landak District. No further information is available on the legal proceedings against the company, Widjaya stated.
PT. IGP, a subsidiary of the Kuala Lumpur-based Ahmad Zaki Resources Berhad (AZRB Group), has over 15,800 hectares of palm oil plantation in the Landak District, West Kalimantan.
Another Malaysian company involved in the forest fire case in West Kalimantan is PT Sime Indo Agro (SIA), a subsidiary of Malaysia's Minamas/Sime Darby Group, located in Sanggau District.
Walhi noted that 76 hotspots were detected within the company's concession land from August 1 to September 9, Widjaya noted.
Other Malaysian companies identified to have started forest fires are PT Sukses Karya Sawit, a unit of IOI Corporation Berhad in Ketapang, with 35 hectares of area being burnt down, and PT Rafi Kamajaya Abadi, a unit of TDM Berhad in Melawi, where the fire had ravaged 600 hectares of land.
The ministry has sealed off the companies.
In addition to Malaysian companies, the ministry has sealed off a Singapore-affiliated rubber company PT Hutan Ketapang Industri (HKI), a subsidiary of the Sampoerna Agro Group, for causing fires in its 138 hectares of concession land in Ketapang District.
"Land and forest fires in plantations owned by Malaysia and Singapore are the facts that we came across on field. We deplore the denial of those foreign companies, and in fact, it has exposed their sheer disregard for the Indonesian law. We fully support strict legal measures being imposed against those foreign companies," he stated. Related news: Government makes maximal efforts to fight land, forest fires: Jokowi Related news: West Kalimantan Police currently processing 66 cases of forest fires
Actually nobody knows how low share price can bottom before rebound,if a war break out between china and Taiwan or between china and india which bring damages to our export, the price can goes down as low as 1/2 cent and suspended .But during normal days share price will bottom at + - 10 % to 15 %market value .
I don't think will go as low as 11 1/2 cents because the last covid 19 attack involving the whole world whereas the coming political uncertainty wouldn't be very serious since our monarchy system still in good shape.
Last big drop was during government change in 2018, it drop from 0.70 to 0.40. Current price was cause by 1st QR reporting lost and pandemic effect. Price recover after a positive 2nd QR result and recovery mco. Any future change in government, dont think it will cause much effect.
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....
bbc99
417 posts
Posted by bbc99 > 2020-08-28 11:53 | Report Abuse
JK22, u are absolutely right!