-A+A KUALA LUMPUR (June 9): See Hup Consolidated Bhd rose as much as 25 sen or 16.89% to RM1.73 this morning after securing a RM91.03 million contract from China Communications Construction (ECRL) Sdn Bhd to construct part of the subgrade works for the East Coast Rail Link (ECRL).
At 9.42am, See Hup had pared some gains at RM1.55, still up seven sen or 4.73% from yesterday’s close at RM1.48, with 372,900 shares changing hands.
The group said yesterday, the contract which will be undertaken by its 51%-owned subsidiary SH Moment Builder Sdn Bhd, involves Package 2, Section 4 of the rail link.
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It will commence on June 13, 2021 for a duration of 26 months.
The group said in a filing with Bursa Malaysia yesterday that the contract is expected to contribute positively to its revenue, future earnings and earnings per share (EPS).
Ecrl progress has reached Gebeng, Next will be Eden land acquisition
Apologise misleading information i given just now. ECRL Section 4 is Dungun Section. Previously Package 1 awarded to Seehup, Package 3 awarded to Advance Co.
Package 2 – stage 5: This package is at the most advanced stage, primarily because it did not go through any alignment or design change after the change of government. MQ Research understands in November 2019, the land acquisition will be finalised and payments will be made to landowners by month-end. As such, it will be cleared for awards starting December 2019. The key job scope to look out for in this package would be the TOD Hub which will be built in Kota SAS, Pahang. MQ Research believes this job scope will be the most lucrative one within this package. Note that AQRS is already one of the main contractors of Kota SAS township project.
Kota SAS near Gebeng and report also mentioned TOD hub
Why this valueforoney always comments negatively against 2705525 & TtreeInvestor. ? As Thriven made good profits this qtr, it will be good for Eden this month of June .
My comments are not against 27055825 or TtreeInvestor. They also know what I say is true haha. Just that I'm irritating hehe. That's why TtreeInvestor ask me go away. But then I found no opening or lubang at any other Bursa counters yet.
with Harmonical comments, Eden will perform with positive agendas as I do not think the BODs will let Eden collapse due to the fact that their shareholdings are so substantial compared to what we hold.....
Tintin no need step down d already lah, no worry. Last round i remind you guys becareful also this thing, now have advance news also. you guys only start worry. Should act few more steps in advance more if we touch political shares.
can clarify how Thriven is related to Eden.....cannot find any common directors or shareholders linkage ????? if confirmed got linkage....both can buy...
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....
fl888
7,753 posts
Posted by fl888 > 2021-06-09 10:12 | Report Abuse
PM have to ignite Eden by August 3,,which is also near the expiry date of the Warrants....let us hope so....