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1,925 comment(s). Last comment by Gn021 at May 24, 2018 09:13 PM
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trulyinvest
635 posts

Posted by trulyinvest > May 16, 2018 03:22 PM | Report Abuse

rip


Maurice1688
144 posts

Posted by Maurice1688 > May 16, 2018 03:41 PM | Report Abuse

no hope, just dispose all, sad


stockstockstock
19 posts

Posted by stockstockstock > May 16, 2018 03:44 PM | Report Abuse

Rebound soon


darkstar
576 posts

Posted by darkstar > May 16, 2018 06:41 PM | Report Abuse

gg


10153341873845982
2 posts

Posted by 10153341873845982 > May 16, 2018 08:32 PM | Report Abuse

Business as usual for East Coast Rail Line
16 May 2018 7:36 PM
BY INTAN FARHANA ZAINUL

KUALA LUMPUR: It is "business as usual" for the multibillion ringgit East Coast Rail Line (ECRL) project despite speculation it could be delayed or shelved.

Malaysia Rail Link Sdn Bhd's (MRL) head of corporate communication Rosmah Mahmud said on Wednesday: “There is no stop order for the ECRL project, it is business as usual.”

She was speaking to reporters at Ilham Tower here on Wednesday.

MRL CEO Datuk Seri Darwis Abdul Razak had a briefing session with the council of eminent persons at 4pm together with MyHsr Corp CEO Datuk Mohd Nur Ismail Mohamed Kamal.

Rosmah said that further details on the matter would be made by the Council, of which no timeline has been revealed.

To recap, the ECRL is owned by MRL, a special purpose vehicle wholly-owned by the Minister of Finance Incorporated (MoF Inc).

Upon completion, the RM60bil project which will link Port Klang to Pengkalan Kubor, Kelantan, will also ensure a more efficient movement of people and goods, through 24 stations.

The 668 km ECRL, which is targeted for completion in 2024,would create a land bridge over Peninsular Malaysia between Kuantan Port and Port Klang, allowing freight to bypass Singapore and parts of the Strait of Malacca.


Pavillion
3037 posts

Posted by Pavillion > May 16, 2018 11:00 PM | Report Abuse

Premature reply from executives, not from decision maker.


Hermit
84 posts

Posted by Hermit > May 17, 2018 01:48 AM | Report Abuse

Wonder how would it react to tat news tmr


kwai
37 posts

Posted by kwai > May 17, 2018 08:56 AM | Report Abuse

Getting weak. Plan to buy again at 0.5 cent


wisdomtot
560 posts

Posted by wisdomtot > May 17, 2018 09:18 AM | Report Abuse

company becoming bigger, more talents & expertise... plus new owner from SMHB getting his shares at 1.14... logical for the share to trade below it ka ? biggest engineering firm in Malaysia...don't you want to invest into the best in biz ?


stockstockstock
19 posts

Posted by stockstockstock > May 17, 2018 01:20 PM | Report Abuse

^ yes


wisdomtot
560 posts

Posted by wisdomtot > May 17, 2018 02:19 PM | Report Abuse

ECRL likely cancelled..fortunately it is worth 16.5 million only, a small amount comparing to order book.


Pavillion
3037 posts

Posted by Pavillion > May 17, 2018 03:02 PM | Report Abuse

Missing opportunity will be great, ECRL has many phases and packages that will last until 2024. So it's not just 16.5M....that just a preliminary study/design. How about HSR?...I think that too gov't have to defer it....lot of uncertainty for now.


wisdomtot
560 posts

Posted by wisdomtot > May 17, 2018 05:21 PM | Report Abuse

maybe lucky, or unlucky.. wait for gov to initiate water sector projects...and guess who has the expertise now?


puerh27
10 posts

Posted by puerh27 > May 17, 2018 05:26 PM | Report Abuse

the main concern is most of their project were former government related project. If all contracts will be reviewed again by new government, it may have some delay to the work progress. As now, parliament haven't form, once MoF on duty, worry will have some impact to their contracts.


undertaker
148 posts

Posted by undertaker > May 17, 2018 05:34 PM | Report Abuse

Luckily, HSSEB also get involved in Penang LRT project. Yes, they are participating with Gamuda as well


yiniugongxiong
50 posts

Posted by yiniugongxiong > May 17, 2018 07:13 PM | Report Abuse

HSSEB 0185 QUARTERLY REPORT 31 MARCH 2018
http://yiniugongxiong.blogspot.my/2018/05/hsseb-0185-quarterly-report-31-march.html


stockstockstock
19 posts

Posted by stockstockstock > May 17, 2018 07:25 PM | Report Abuse

Shares buy back


PiddleMinger
67 posts

Posted by PiddleMinger > May 18, 2018 07:18 AM | Report Abuse

Insiders buying back. Undervalued


undertaker
148 posts

Posted by undertaker > May 18, 2018 09:57 AM | Report Abuse

SMHB from HSSEB will benefit from Selangor Water Restructuring exercise.


klkk
208 posts

Posted by klkk > May 18, 2018 08:26 PM | Report Abuse

Selangor Water Restructuring..... Yes, that will be the next development. In fact not only in Selangor.


Pavillion
3037 posts

Posted by Pavillion > May 19, 2018 01:39 PM | Report Abuse

https://www.thestar.com.my/business/business-news/2018/05/19/hsr-mrt-3-projects-may-be-reviewed/


chinesetea
1389 posts

Posted by chinesetea > May 20, 2018 03:27 AM | Report Abuse

Is renegotiating the contracts that largely involved China good or bad for local?
I think so because Tun M want to benefit Malaysian more whether it is property development or construction project.

____________________________________

"Currently, the Government is reviewing all major infrastructure projects and we are awaiting their directive,” Kuna says.

“Further to this, we are looking at possible upside in terms of increased local participation,” he tells StarBizWeek in an email.


Read more at

https://www.thestar.com.my/business/business-news/2018/05/19/hss-seen-in-good-position-to-weather-expected-slowdown-in-construction/


Pavillion
3037 posts

Posted by Pavillion > May 23, 2018 02:16 PM | Report Abuse

I think HSR Tun will continue after further study/review. ECRL don't think so. MRT3 continue.


Gn021
99 posts

Posted by Gn021 > May 24, 2018 09:13 PM | Report Abuse

KUALA LUMPUR (May 24): The Council of Eminent Persons (CEP) has given assurance that Bumiputera contractors will continue to be assisted under the new government, said Malaysian Malay Contractors Association president Datuk Mokhtar Samad.

He was among those summoned by the Council to identify improvements that could be taken to assist the Bumiputera contractors.

“The CEP, chaired by Tun Daim Zainuddin, has guaranteed that the new government will help Bumiputera contractors using better ways than what was done before.


Gn021
99 posts

Posted by Gn021 > May 24, 2018 09:13 PM | Report Abuse

http://www.klsescreener.com/v2/news/view/383153/govt-guarantees-help-for-bumiputera-contractors

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