Gadang - MRT 2

Gadang - MRT 2

excelyou
Publish date: Tue, 17 Jan 2017, 12:00 PM
excelyou
0 14
GADANG MRT 2 CONTRACTS
Following Message
MRT LINE 2 - GUIDEWAY (VIADUCT) MRT LINE 1 - GUIDEWAY (VIADUCT)
 

In Sept 2014, MRT reveals findings of investigations on fatal incident in MRT 1. 

Syarikat Muhibah might not able to get Viaduct for MRT 2.

Elevated Section V1

Syarikat Muhibah & Perniagaan & Pembinaan Sdn Bhd
Package V207 Mudajaya Corporation Berhad Elevated Section V3 Mudajaya Corporation Berhad
Package V201 Sunway Construction Sdn Bhd Elevated Section V4 Sunway Construction Sdn Bhd
Package V203 IJM Construction Sdn Bhd Elevated Section V5 IJM Construction Sdn Bhd
Package V202 Ahmad Zaki Sdn Bhd Elevated Section V6 Ahmad Zaki Sdn Bhd
Package V208 MTD Construction Sdn Bhd Elevated Section V7 MTD Construction Sdn Bhd
Package V210 Malaysian Resources Corporation Berhad - -
Package V204 WCT Berhad - -
Package V209 Tender Submission Date 21/11/2016 Elevated Section V8 UEM Construction Sdn Bhd
Package V206 Tender Submission Date 22/11/2016 Elevated Section V2 Gadang Engineering (M) Sdn Bhd
Package V205 Tender Submission Date 12/1/2017    

 

Package V205, 206 and 209 remain not awarded.

Gadang and UEM likely to gain MRT2.

Any chance Gadang getting 2 Viaduct packages? 

 

 

Discussions
4 people like this. Showing 4 of 4 comments

sosfinance

@excelyou you did your homework. Good. That's what I said, Gadang has a good chance of getting ONE as 8 of the 11 winners of MRT1 has got their MRT2. Only, now 2 left for 3 viaducts. Since Muhibbah is out, Gadang submitted V205 AND V206. Thanks for highlighting on Muhibbah. Now we know, Gadang chances are even higher.

2017-03-03 16:34

excelyou

Sosfinance, you are welcome. We should write more to benefit all member in I3investor .

2017-03-10 21:15

sosfinance

Not surprise Gadang can provide double digit growth with this RM952m project. Earnings will improve to above RM100m and rerating to PE 10-12x is not surprise.

(side track a bit, can also take a look at OCK-WA, I believe ripe for picking this year).

2017-03-10 22:15

excelyou

I will look at OCK-WA, thank you Sosfinance.

2017-03-10 22:57

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