EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

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Last Price

0.36

Today's Change

-0.005 (1.37%)

Day's Change

0.355 - 0.365

Trading Volume

5,621,600


34 people like this.

75,720 comment(s). Last comment by fl888 1 day ago

Income

12,309 posts

Posted by Income > 2023-03-10 03:07 | Report Abuse

Don’t simply follow people…
https://www.facebook.com/reel/1281938242437131?mibextid=0NULKw&fs=e&s=TIeQ9V

theyoungman

1,982 posts

Posted by theyoungman > 2023-03-10 08:00 | Report Abuse

Income is right. Analysis, analyze, FA or TA, buy on rumour sell on news? ... etc. Must be careful. Don't rush. Make good decision and go for mid long term. Don't PUNT else, win 100 times, and 1 time gone into longkang.

Shines

2,824 posts

Posted by Shines > 2023-03-10 12:54 | Report Abuse

I totally agreed with you, tym

Shines

2,824 posts

Posted by Shines > 2023-03-16 13:13 | Report Abuse

Govt in talk with Ch? HSR FROM KL or JB to Thailand tru Loas into Ch?

abc333

1,534 posts

Posted by abc333 > 2023-03-16 18:47 | Report Abuse

to 0.30 first if the bank crisis continue to weigh

abc333

1,534 posts

Posted by abc333 > 2023-03-17 10:55 | Report Abuse

January 20, 2017 KUALA LUMPUR: Ekovest Bhd’s plan to list the Duta-Ulu Kelang Expressway (Duke) is on schedule with the initial public offering (IPO) expected to take place within seven years.

“The IPO plan is ongoing (but) depends on the market (conditions),” Ekovest managing director Datuk Seri Lim Keng Cheng said after the company’s extraordinary general meeting (EGM), here, yesterday.

The listing of the highway is part of the deal when Employees Provident Fund (EPF) bought a 40 per cent equity interest valued at RM1.13 billion in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi), a wholly-owned subsidiary of Nuzen Corp Sdn Bhd.

Nuzen Corp, in turn, is the wholly owned subsidiary of Ekovest.
Lim said Duke Highway’s exit payment condition was RM149 million, either to be listed (on Bursa Malaysia) or trade sale to a third party to generate a return of at least 11.5 per cent for EPF and Ekovest.


“When that happens, Ekovest will be entitled to take the RM149 million, plus the accrued interest rising from the amount,” he said.
The listing, according to the shareholders’ agreement, is within seven years.

“We are waiting for the toll to be operational to be able to gauge the cash flows and then pick the right timing to go for listing,” Lim added.

While Phase One of Duke (DUKE1) is already operational, Phase Two of uke (DUKE2) is set for completion by mid-year.

“Phase Two is 95 per cent completed and we have started inspection with the highway authority. The (remaining) five per cent is for inspection, testing and commission,” he said.

abc333

1,534 posts

Posted by abc333 > 2023-03-17 10:57 | Report Abuse

The listing, according to the shareholders’ agreement, is within seven years. ?
so, postpone ? or must completed before 2024?

Shines

2,824 posts

Posted by Shines > 2023-03-25 10:38 | Report Abuse

IPO listing will need some 3 to 5 years data before it can be approved, am I right?

abc333

1,534 posts

Posted by abc333 > 2023-03-27 19:14 | Report Abuse

The Malaysian government has met with several private sector parties to "gauge their interest" in pursuing the canned KL-Singapore high-speed rail project.

According to The Edge Malaysia's report on March 27, five companies were invited for a meeting recently. They are MMC Corp, WCT Holdings, Berjaya Group and Malaysian Resources Corp.

The Edge Malaysia points out that Gamuda, which has undertaken most of the big infrastructure projects in Malaysia, was not involved.

However, The Edge Malaysia, citing an unnamed source, says that it is a matter of time before Gamuda and other construction companies such as IJM Corp and Sunway Construction will have similar meetings.

Transport minister Anthony Loke was reported as saying on March 8 that the Malaysian government is open to reviving the HSR project. "But it must be a private sector project."

The HSR project, meant to link Singapore and KL, was put in motion under former prime minister Najib Razak but was terminated in 2021 by former prime minister Muhyiddin Yassin.

hng33

20,488 posts

Posted by hng33 > 2023-03-28 09:31 | Report Abuse

bought ekovest at 40.5sen

hng33

20,488 posts

Posted by hng33 > 2023-03-28 09:33 | Report Abuse

HSR is key catalyst for ekovest

aa88

526 posts

Posted by aa88 > 2023-03-28 10:08 | Report Abuse

come 45c

abc333

1,534 posts

Posted by abc333 > 2023-03-28 10:59 | Report Abuse

forest city? Bandar Malaysia? HSR-Tha-Mys-Sgp?

abc333

1,534 posts

Posted by abc333 > 2023-03-28 11:02 | Report Abuse

要给最高承诺? 是不是因为曾经不守承诺?

关系大马人的命运,健康,教育? 是一个有大学研究所,有医疗系统,绿色能源的高科技城市?

theyoungman

1,982 posts

Posted by theyoungman > 2023-03-28 18:16 | Report Abuse

Hng hero. Enjoy.

50cent

34 posts

Posted by 50cent > 2023-03-28 19:11 | Report Abuse

PM Anwar & President Lee going to meet President Xi on this week.

theyoungman

1,982 posts

Posted by theyoungman > 2023-03-28 20:52 | Report Abuse

50cents, oh.... good news. buy on rumours, sell on news or? will hit 50cents soon

hng33

20,488 posts

Posted by hng33 > 2023-03-28 21:40 | Report Abuse

Anwar and Loke will visit China high speed railway.

hng33

20,488 posts

Posted by hng33 > 2023-03-29 11:44 | Report Abuse

:D)

hng33

20,488 posts

Posted by hng33 > 2023-03-29 11:55 | Report Abuse

HSR is big impact to boots up Malaysia economic, the link is NOT only to connect KL-singapore, but link up to Thailand ended in China in line with RCEP roadmap for better cross border trading

hng33

20,488 posts

Posted by hng33 > 2023-03-29 11:56 | Report Abuse

Anwar and PM Lee may together hold talk with China gov on HSR financing package

hng33

20,488 posts

Posted by hng33 > 2023-03-29 17:21 | Report Abuse

Bandar Malaysia, transport hub for HSR

theyoungman

1,982 posts

Posted by theyoungman > 2023-03-30 07:24 | Report Abuse

Hng is surely v Heng one, sure hengOngHuat one.

aa88

526 posts

Posted by aa88 > 2023-03-30 09:58 | Report Abuse

sign ?

aa88

526 posts

Posted by aa88 > 2023-03-30 10:04 | Report Abuse

petang mari

flatso

63 posts

Posted by flatso > 2023-03-30 11:05 | Report Abuse

Directo want drop back to 0.3x? i dont give a fxxk. XD

aa88

526 posts

Posted by aa88 > 2023-03-30 11:45 | Report Abuse

sifu Fred say 50c target

aa88

526 posts

Posted by aa88 > 2023-03-30 21:10 | Report Abuse

hsr tomorrow ?

abc333

1,534 posts

Posted by abc333 > 2023-03-31 09:42 | Report Abuse

Add at 0.41. use 3 sen to make 30 sen. limited down side , cut lose if break 0.38

theyoungman

1,982 posts

Posted by theyoungman > 2023-03-31 18:52 | Report Abuse

Abc, y like that?

aa88

526 posts

Posted by aa88 > 2023-03-31 19:03 | Report Abuse

??

aa88

526 posts

Posted by aa88 > 2023-03-31 19:06 | Report Abuse

tomorrow only announce

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2023-04-02 13:34 | Report Abuse

Wil ekovest will get any project? I think even so, the profit margin will be very tiny or need to fork out money to build first.

Income

12,309 posts

Posted by Income > 2023-04-02 14:04 | Report Abuse

phone calls over a cellular network for help…

hng33

20,488 posts

Posted by hng33 > 2023-04-03 16:06 | Report Abuse

sold back at 40.5sen, cut to free capital due to absence of HSR news

Posted by magpie7788 > 2023-04-03 17:10 | Report Abuse

Rebound back from 0.385.. Hope rally continue...

theyoungman

1,982 posts

Posted by theyoungman > 2023-04-03 18:26 | Report Abuse

hng33 ahh. Pick a company and invest leh.

theyoungman

1,982 posts

Posted by theyoungman > 2023-04-03 18:27 | Report Abuse

Stamp duty is very expensive , almost 0.15% for every 1000 shares traded. Siong. Ex

aa88

526 posts

Posted by aa88 > 2023-04-03 20:48 | Report Abuse

rebound

Leon7357

16 posts

Posted by Leon7357 > 2023-04-04 15:58 | Report Abuse

up and down... up and down... so boring

aa88

526 posts

Posted by aa88 > 2023-04-05 20:12 | Report Abuse

keep

5354_

4,793 posts

Posted by 5354_ > 2023-04-07 12:14 | Report Abuse

Is Najib back as PM? If Anwar PM everything must be open tender.

Posted by magpie7788 > 2023-04-07 12:42 | Report Abuse

Hope next week can pass 0.435...

James Ng

2,704 posts

Posted by James Ng > 2023-04-07 20:36 | Report Abuse

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