Top 30th shareholding is getting lesser every year, meaning too many shares floating in the market now. Thus, Bear in mind that not easier to goreng this stock up.
From latest annual report, Top 30th holders are holding 1338209020 share which is 49.64% of total share issued. Another 50.36% of share issued liquid in the market, which holding by you and me... So do you think they will goreng it just for you to get rich? hahaha
Science, Technology and Innovation Minister Khairy Jamaluddin, who gave the latest update, said Prime Minister Tan Sri Muhyiddin Yassin would set the ball rolling by being the first to be vaccinated at Klinik Kesihatan Putrajaya after chairing the Cabinet meeting on Wednesday.....
8,562,671 short sell unit...this could act as spear and shield. Spear is to attack the price to go higher as selling queue is weak, at the same time act as shield to defence the price in order to prevent it drop below 0.4. Such a great strategy, but just have to pay some interest of short sell. Luckily this stock didn't give dividend quarterly.
KUALA LUMPUR: The country’s economy is expected to show a positive development by the middle of this year once the National Covid-19 Immunisation Programme, which begins on Wednesday, gathers momentum, an economist said. Malaysian Academy of Sciences fellow Datuk Dr Madeline Berma said economists predicted that Malaysia would be able to revive its economy starting in the third quarter of this year, depending on the smooth implementation of the vaccination programmes
.“This is in line with the forecast issued by the Economic Planning Unit which expects the country’s economy to recover around 4.5 to 5.0%, ” she said in a special coverage of the first batch of Covid-19 vaccines arrival to Malaysia on BernamaTV on yesterday. Madeline said the services sector was one of the sectors that needed to be given priority in the vaccination programme, besides the manufacturing sector to help increase production rates.
She hopes with the national immunisation programmme underway, the country’s tourism and export sectors could also be mobilised again to open more economic opportunities for industry players. “The country’s tourism and export sectors have been badly affected by the closure of national borders since the Movement Control Order was imposed, ” she said.
-Singapore RTS link to further spur Johor's economy, says state ruler Sultan Ibrahim Iskandar Project construction in Bukit Chagar began in November last year.
JOHOR BARU (THE STAR/ASIA NEWS NETWORK) - Johor can expect a further boost to its economy by the next five years with the completion of the Johor Baru-Singapore Rapid Transit System (RTS) Link which will take commuters only five minutes to reach the island Republic, said Johor's ruler Sultan Ibrahim Iskandar.
Sultan Ibrahim said he had been informed that the RTS Link was expected to carry up to 300,000 passengers a day.
"It will dramatically put Johor as a strategic link to Singapore on another level. Travelling between Johor and Singapore will become much easier and faster. I am looking forward to the RTS," he said in an interview in conjunction with Chinese New Year.
He said the prices of properties would go up, as the RTS would make living and working in Johor more conducive for both sides.
"There is mutual benefit from RTS, as the link will lessen the pressure on space in Singapore. It will further integrate the two communities.
"Johor hopes to offer itself as a technological and medical hub. There is enormous potential," he added.
He also said that there would be a stronger boost to the hotel, hospitality and tourism sectors in Johor.
The 4km RTS Link - 2.7km of the route in Malaysia and 1.3km in Singapore - will link Johor's Bukit Chagar terminus station to the Singapore terminus in Woodlands North.
Project construction in Bukit Chagar began in November last year, with Malaysia starting a three-month public inspection of the RTS Link project last month.
The RTS Link stations will be integrated with local transport networks in Johor and Woodlands.
Malaysian transport minister Wee Ka Siong had said that out of the 4km line, an elevated stretch of 2.7km would stand within Malaysian boundary.
The line would go underground as it reached Singapore, said Datuk Seri Wee.
With a capacity of up to 10,000 passengers per hour per direction, the RTS Link is expected to carry up to 300,000 passengers a day.
The journey time will be only five minutes and during peak hours, trains will commute at an interval of 3.6 minutes.
The Sultan of Johor said the RTS would bring huge economic benefits to Johor and put an end to the longstanding traffic congestion problem at the Causeway.
The 4km RTS Link - 2.7km of the route in Malaysia and 1.3km in Singapore - will link Johor's Bukit Chagar terminus station to the Singapore terminus in Woodlands North. PHOTO: LAND TRANSPORT AUTHORITY MORE ON THIS TOPIC Malaysia announces winning design for Johor-S'pore RTS Link station in Bukit Chagar Singapore-Johor RTS Link station and Customs building in Woodlands North to be 10 times the size of typical MRT station "There will also be spin-off effects from the construction of the RTS, as thousands of jobs will be created for Johoreans, especially local contractors and suppliers," he said.
The total cost of the RTS project, which was earlier suspended at Malaysia's request, is estimated at RM10 billion (S$3.25 billion).
Both governments have agreed to a split of 61:39, with Malaysia forking out RM3.716 billion for the project.
Mr Wee had also said that for the purpose of Customs, Immigration and Quarantine (CIQ) clearance, a new CIQ facility would be built for passengers of the RTS Link, separate from the existing CIQ.
According to the revised bilateral agreements, the depot of the project has been switched from the existing Thomson-East Coast Line Mandai depot in Singapore to a new location in Wadi Hana in Johor Baru.
The RTS Link project was meant to be completed in 2024, but work was suspended. The suspension was extended three times at Malaysia's request.
On July 30 last year, Prime Minister Muhyiddin Yassin and his Singaporean counterpart Lee Hsien Loong attended the ceremony at the midway point of the Causeway that marked the resumption of the RTS project.
The project is now slated to be completed by end-2026.
The RTS is located within the Ibrahim International Business District (IIBD) encompassing over 100ha of the existing Johor Baru city centre, which is poised to become the next economic growth zone.
The IIBD is set to become the catalyst for explosive economic growth, propelling the city as a financial, health and technological hub.
An example of the close working relationship between the state and Singapore is the setting up of a Johor state trade office in the Republic.
The state capital is poised to complement Singapore and provide ample land and a cheaper workforce for many industries, where investors can either live in Johor Baru and commute or even set up their offices in Johor Baru.
IWCITY OWNS HUGE LANDBANK NEARBY RTS ....HENG ONG HUAT ARRR
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....
AllanTingAS
572 posts
Posted by AllanTingAS > 2021-02-20 11:02 | Report Abuse
I TP at RM25 as everyone put so high price.