dont be optimistic, it will end be persismistic... do not act overact someone promoting this stock... later u be traps, there are no one pity of you instead they laughing you ...
Gong xi fat cai. Selamat hari raya aidilfitri. Happy deepavali. Mrcb already UP, wct coming soon. Buy or you will regret. You own decisions, own target.
Malacca Securities Sdn Bhd analyst Kenneth Leong said Gadang Holdings, WCT Holdings and Fajarbaru Builder could also see some interest given their construction capabilities.
“These companies have rail project experience so we wouldn’t want to rule out the possibility of them tendering for packages,” he said over the phone.
An agreement has been reached by Malaysia and China for the East Coast Rail Link (ECRL) project to resume following its suspension last year, The Sun Daily quotes a report by Sin Chew Daily.
Initially priced at RM66 billion, the ECRL will have its costs cut by more than RM10 billion. The report added that both countries had come to a resolution for the re-negotiated project that includes new commercial elements which will bring added benefits to local entrepreneurs and people.
An agreement will be signed ahead of prime minister Tun Dr Mahathir Mohamad’s visit to China at the end of this month, the publication was told by its source. The chairman of the Council of Eminent Persons, Tun Daim Zainuddin, Malaysia’s representative in the negotiations, will travel to Beijing to sign the agreement.
Mahathir has been scheduled to visit China – at the invitation of Chinese premier Xi Jinping – to attend the second Belt and Road initiative summit, and the Malaysian prime minister is expected to address the summit and emphasise the country’s support for the Belt and Road initiative, the report said, adding that environmental concerns are the main reason for changes to the ECRL route.
Ensure ECRL project boosts local rail industry Chelvam Rengasamy 9 Apr 2019, 6:24 pm (Updated 9 Apr 2019, 6:24 pm)
A A LETTER | Over the last couple of weeks, the government had echoed its stand on the most talked about East Coast Rail Link (ECRL) project. Now, it looks like the ECRL will be finally be given the go-ahead with adjustments to the pricing and scope of works.
To recap, the ECRL project was pushed ahead at lightning speed so much so the agreement was not analysed in detail to check if this project truly brings a good return for the country, its people and the local rail industry.
During the initial phase, there were some initiatives to provide some scope of works to local contractors. However, these were not much to be talked about. It certainly would not create an impact on the development of the local rail industry.
Though this project is financed by a foreign country and its entity, nevertheless one must remember that finally, the amount will be paid by the government of Malaysia. In this aspect, as the client, the government must see to it that this project rightly benefits the country and the local rail industry.
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....
Bursalord
653 posts
Posted by Bursalord > 2019-04-08 10:26 | Report Abuse
ECRL project already confirm to proceed,
All the best.