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![]() Anisdesanika Wa...Menteri Besar Kedah himself made the announcement...The RM40 BILLION news is true,guys. 20/01/2021 6:11 PM turtleking the state government had agreed....and even some money are being paid to the state as to prove their commitment in this ... please read the full news +1 20/01/2021 10:28 PM PadagangTegang Widad Business Group will be developing a high-impact project in Langkawi with an estimated gross development value (GDV) of about RM40 billion over the next 15 to 20 years. Kedah Menteri Besar Muhammad Sanusi Md Nor said the project consists of tourism-related components such as five-star hotels and resorts, as well as residences and healthcare facilities. "The state government has agreed to the new investment in Langkawi from local diversified company Widad Business Group to develop the 800-hectare Widad @ Langkasuka with 90 per cent of the development on land near Padang Matsirat reclaimed from the sea. "It is understood that this company has entered into joint ventures with other companies involving local and foreign investments for this project which are mostly tourism-related," he told a press conference after chairing the state executive council meeting here today. The Menteri Besar said the land acquisition process is being worked out by the Langkawi District and Land Office, and the project will commence as soon as the matter is settled. "The company has also made a commitment fee to the state government involving millions of ringgit, and we therefore consider the company is serious in wanting to develop this project. When the development reaches 40 per cent completion, the fee will be returned," he said. Muhammad Sanusi added that the project is hoped to be another factor to attract tourists to the resort island. "We welcome any investor who intends to invest in Kedah. We will accept them with open arms and will facilitate the process for the development of Kedah," he said. - Bernama 20/01/2021 10:34 PM traintobullland https://www.theedgemarkets.com/article/zhulian-tnb-hibiscus-axis-reit-mahb-airasia-widad-ytl-corp-fgv-inix-public-bank-and-cymao 21/01/2021 1:14 AM Fantaghiro123 https://simplywall.st/stocks/my/capital-goods/klse-widad/widad-group-berhad-shares/news/we-think-widad-group-berhad-klsewidad-is-taking-some-risk-wi 21/01/2021 2:18 AM fruitcake you think he is a good guy? told u yesterday. pumped to almost 0.70 on news released. sekarang bungkus & wait for next annnouncement 21/01/2021 9:50 AM traintobullland The company has a lot of gov contract leh, should be strong even during covid what 21/01/2021 11:22 AM Diogo_Jota Unfortunate to those cutloss. You just gave your money to the Tan Sri and Datuk of the company. They knew the news before hand. 21/01/2021 3:46 PM NinjaTurtlePower dunno what happened to malaysia market.. so fast taking profit..better after this SMTM otherwise kiok.. 21/01/2021 4:17 PM Diogo_Jota Whatever u learn in technical analysis takleh pakai. If want to use need to buy counter above RM1 or bluechip companies. 21/01/2021 5:07 PM Sharegod88 u all bought at which price? tomoro average down thn cut loss if still drop further 21/01/2021 10:54 PM ![]() ![]() | |