Last Price Today's Change   Day's Range   Trading Volume
0.22   0.00 (0.00%)  0.22 - 0.225  1,183,700


Board:ACE Market
Avg Volume (4 weeks):3,514,705
4 Weeks Range:0.215 - 0.245
52 Weeks Range:0.21 - 0.35
Average Price Target:0.30
Price Target Upside/Downside:+0.08
View Price Target Detail


Latest Headlines
15/08/2014  Instacom Group seeking M&A to diversify and broaden its earnings base
14/08/2014  Instacom seeks M&A to broaden earnings base
08/06/2014  Instacom positive of FY14 as telco industry shows signs of growth
04/06/2014  Instacom Group - Weak Quarter And Ceasing Coverage
24/05/2014  [转帖] Instacom 0069 - 阿钢

  37 people like this.
YiStock KUCHING: Weida (M) Bhd, which has built more than 360 telecommunication towers, has bidded to construct 218 new towers for the federal government in rural Sarawak and Sabah.

Group managing director Datuk Lee Choon Chin said Weida, via its strategic partnership with network facility provider (NFP) licensees, had tendered for contracts to build 149 and 69 new telecommunication towers in Sarawak and Sabah respectively for the Malaysian Communications and Multimedia Commission (MCMC).

Tenders for the construction of these new towers, which closed about five months ago, are expected to be awarded soon. The proposed 218 new towers are part of the 400 to be built nationwide.

The federal government announced last year a budget of RM1.5bil to fund the construction of 1,000 such towers under the next phase of MCMC Time 3 extension programme to widen cellular coverage and Internet accessibility.

According to MCMC director Adiman Ajem, the proposed 149 towers in Sarawak would cost RM200mil, and these were expected to be completed later this year or next year. There are currently some 900 such towers in Sarawak.

Lee said based on Weida group’s large net cash position and its vast experience in rolling out telecommunication towers in rural areas in Sabah and Sarawak, the group was confident of securing a “considerable part” of the contracts for the new towers to be built in Sabah and Sarawak.

The group has cash reserve of RM245mil.

“Weida group has completed and handed over 362 telecommunication towers. As a leading turnkey builder of telecommunication towers in Sabah and Sarawak, we are well positioned to be a major beneficiary of the Time 3 programme,” he told StarBiz after the company’s AGM on Friday.
30/09/2014 08:56
YiStock http://www.thestar.com.my/Business/Business-News/2014/09/30/Weida-bids-to-build-218-telecom-towers-jackwongstarbizcommy/
30/09/2014 08:56
sbzk weida go back here is for instaco!
30/09/2014 11:19
sbzk engine warming up!!!
30/09/2014 12:22
NKBlog I think engine stolen ady....
30/09/2014 15:10
sbzk put back engine........... then can start!
30/09/2014 18:49
MultiBillionaire haha.. long way to go baby
30/09/2014 20:25
lcw80 Hi all, first i would like thanks klse technical anaylsis again,as their prediction is chun chun!!! i have cashed out my profit for KSSC and skpres and they are mentioning for marco counter to 30 sen also.i am wondering will marco become next pdz???

http://goo.gl/jBVa84- KSSC

http://goo.gl/QBGGJg - SKPRES

http://goo.gl/O86UQU -facebook

http://goo.gl/y0ByTV -marco
30/09/2014 20:27
Wmney so weida benefit but not instaco..
30/09/2014 21:39
wonnksa Time to go in. :)
30/09/2014 23:44


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