i believe this project is the Kempinski Hotel and Residences. I'm surprised little known jetson got such high profile project from MCC. May be something else is cooking
On June 15th, MCC Overseas (Malaysia) won the EPC bid for 8 CONLAY Complex Project developed by KSK Group and the commencement ceremony was held on that day.
Located in downtown Kuala Lumpur, the project sits next to the Twin Towers Commercial Area. It covers an area of 40,000 acres. The project includes the building of a 61-storey (277 meters high) and a 56-storey (260 meters high) service apartment, a 72-storey (308 meters high) five-star hotel and condo, and a 4-storey shopping mall, with a total construction area of 310,000 square meters, and construction period of 48 months.
The 8 Conlay Complex will be a new landmark building in Malaysia upon completion. It will also set a record high for MCC in terms of building heights. Winning the bid for the project shows the strength that MCC has in developing Malaysia market, creating a new phase for it to develop “Belt & Road” market.
@wenlijianqinyun79 don't understand, can explain a bit? 38cents valuation exclude this new RM900mil project ka? Actually how they come to 38cents valuation before today's big new announcement ah? plz share share
many ppl rush in buy yesterday and wednesday, when banker press the price they panic sell. Wait for Q2/Q3 results to reflec ont its share price, good one
The contract awarded on this february and recently will significant to boost up the earning. It is a good rrsult for thr company won the contracts from other competitors.
interestingly someone queue 4000 plus lots to sell at a much lower price than the previous day closing price before the market opened last friday. And the downtrend spiral begun due to that low opening price. Was it an attempt to purposely pressed down the price?
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....
birkincollector
4,129 posts
Posted by birkincollector > 2017-06-29 21:40 | Report Abuse
i believe this project is the Kempinski Hotel and Residences. I'm surprised little known jetson got such high profile project from MCC. May be something else is cooking