hopefully rally till raya.. after raya UK contract announce, then share price maybe will push up around RM1.30 by september, if sendai show good result, sendai share price will be back at ipo price around RM1.60.
FIFA President 'confident' in 2022 despite Qatar crisis
Pulse News Agency International By AFP | 2017-06-11 09:18:04.0 | 2017-06-11 09:18:04.0
FIFA is confident the diplomatic crisis sweeping Qatar will normalise and not threaten the 2022 World Cup, the organisation's president, Gianni Infantino, said in an interview published Sunday.
"We are facing a diplomatic crisis," Infantino told Switzerland's Le Matin Dimanche newspaper. "I am confident the region will return to a normal situation."
He told the paper FIFA was "closely watching the evolving situation and we are in regular contact with the highest authorities in Qatar."
But he stressed that Qatar's World Cup was five years away.
"Obviously, if football can offer a small contribution to improve the situation, I won't hesitate to offer my help," he said, while adding that FIFA should stay clear of "geopolitics."
Saudi Arabia and allies including the UAE and Bahrain cut diplomatic ties with Qatar on Monday, accusing it of supporting extremism.
The move triggered the most serious diplomatic flap to hit the region in years and experts have said it could impact the 2022 World Cup.
Since being controversially chosen by FIFA in 2010 as the host, Qatar has maintained that it is a politically secure nation despite its location in a volatile region.
Doha has also emphasised that the tournament serves the entire Gulf, and not just the tiny gas-rich emirate.
Those claims have faced fresh scrutiny during the crisis, possibly invigorating a campaign by critics of Qatar to strip Doha of the tournament.
If sendai can break 1.10 till hari raya, the rally will continue..normally after break 1.10, sendai share price will move faster.. The floating share not much left..
Hyundai Engineering wins power plant deal in Malaysia
By Jhoo Dong-chan
Hyundai Engineering and Hyundai Engineering and Construction (E&C) has jointly clinched a 1 trillion won ($890 million) deal to build a power plant in Malaysia.
Korean construction firms haven’t won a mega deal since mid-March, but the power plant construction contract in Malaysia is generating expectations that similar good news could follow.
Hyundai Engineering has struck the deal with Malaysian independent power producer Edra Global Energy Berhad to build a 2,242-megawatt combined-cycle gas turbine (CCGT) power plant in Alor Gajah, Malacca, 90 kilometers southeast of Kuala Lumpur.
The construction cost will be 1.04 trillion won.
Hyundai Engineering has an 85 percent share of the deal, while its partner Hyundai E&C will hold the remaining 15 percent.
Once it is completed in about 40 months, it will be the largest CCGT power plant in Southeast Asia.
“Hyundai Engineering is currently building another power plant in the country and that acted as a good reference,” Hyundai Engineering CEO Sung Sang-rok.
“Through the deal, Hyundai Engineering will further strengthen its position in Southeast Asia’s power plant construction market.”
In 2014, Hyundai Engineering inked a deal to build a 2,000-megawatt ultra-supercritical coal-fired power plant in Jima, Port Dickson, about 60 kilometers south of Kuala Lumpur. The project is currently underway and is expected to be finished next year.
Edra Global Energy Berhad is Malaysia’s second-largest independent power producer that was acquired by China General Nuclear Power Corp. in 2015.
According to the International Contractors Association of Korea, the nation’s construction companies have bagged $14.3 billion on the overseas construction market during the January to May period this year including this deal, up 4.7 percent from the $13.7 billion during the same period last year.
Experts say this year will be very promising for Korean builders since oil prices are stabilizing with Iran, one of the largest oil exporters to Korea, becoming politically stable under President Hassan Rouhani’s leadership.
A number of emerging economies, including Indonesia, Vietnam and the Philippines, are also expected to make big investments in their infrastructure.
Market consultancies expect Korean builders to win more construction deals mounting to $35 billion this year, up by 20 percent from last year’s figure.
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....
Upup168
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Posted by Upup168 > 2017-06-09 13:01 | Report Abuse
don't worry, opportunity for more contracts..