ECRL-RM 2 billion land cost FGV can claim?

Budget 2018 news-ECRL to start on Jan 2018.

More PPA1M projects for Vivo from Budget? ECRL?

Funds for affordable homes, digital hubs on T'ganu's 2018 Budget wish list
https://www.nst.com.my/news/nation/2017/10/295256/funds-affordable-homes-digital-hubs-tganus-2018-budget-wish-list#cxrecs_s

If CPO RM 3500 come FGV RM 3.5?

dam82 Strong La Nina by end-2017 can push CPO to RM3,500 per tonne, says MIDF Research
25/10/2017 11:59

If want to collect more taxes catch illegal cigarette operator is right method not tax BAT more.

A lot of smokers are Malay. If tax more BAT lose more votes and let Pakatan rule?

Budget 2018 must be designed to help FGV eg replanting old trees cost and sugar subsidy.

BN never lose in 60 years GE. Why must lose because FGV drop so much from IPO?

GenM MC RM 30 billion tax RM 3 billion more no feeling.

Tax more GentingM can reduce or abolish GST.

Govn change? Smokers are Malay why govn must ignore them?

ECRL means Terengganu more developments?

I bought UEM S bec BN rule. HSR is 1 main project.

swardodo you UEM S shortie? You talk at IW City I respect you.

HSR who gain? G Kent, YTL, Gamuda, USA etc still fighting.

ECRL meaning more CPO import from China? So CPO up?
http://www.bursamalaysia.com/market/derivatives/prices/

BN to go ahead with ECRL. Can Vivo gain?

BN to go ahead with ECRL. Can WCT gain?

CI 1830-1850 next 2 months. Parliament can dissolve on Budget 2018 day?

3 months CPO RM 2803.
http://www.bursamalaysia.com/market/derivatives/prices/

All eyes on last Budget before polls
Read more at http://www.thestar.com.my/news/nation/2017/10/22/all-eyes-on-last-budget-before-polls-lawmakers-to-also-look-over-proposed-changes-to-gst/#cplbZOLh5ZkuPRzF.99

All eyes on last Budget before polls
Read more at http://www.thestar.com.my/news/nation/2017/10/22/all-eyes-on-last-budget-before-polls-lawmakers-to-also-look-over-proposed-changes-to-gst/#cplbZOLh5ZkuPRzF.99

What can WCT gain from Budget 2018? BRT, MRT2, ECRL, Pan Borneo Highway?

All eyes on last Budget before poll
http://www.thestar.com.my/news/nation/2017/10/22/all-eyes-on-last-budget-before-polls-lawmakers-to-also-look-over-proposed-changes-to-gst/

Next week Budget 2018 PM Najib announced FGV privatisation?

BN give logistic project?

Aim for more PPA1M projects next week Budget 2018. ECRL seems too ambitious.

HOA(yesterday announced) means conditional upon BN winning GE 14.

Those who want Vivo to do well in future must vote BN in GE 14. ECRL is BN project not Pakatan.

Under BN only got ECRL.

What can FGV ask from Budget 2018? Sugar subsidy RM 100 million? Replanting old trees RM 100 million?

1.85 only Kenanga TP. Where is PublicInvest TP?

ECRL how much can FGV claim for land acquisition cost?

DL pls announce merger with Suncon like Supermax case. Both are main winners of LRT3 and potentially BRT.

Supermax no 1 in i3 and supported by Stanley Thai. Pakatan must win GE 14?

Why? ECRL is BN project.

xyXy BN tak akan menang, alrdy jump,.....jump longkang....
20/10/2017 09:08

CNQC still dilly dally to sign? ECRL not good enough?

RM 2 come can dissolve Parliament?

MCM announcement next week? Budget 2018 day?

ECRL means more CPO import from China.

Why no jump? No contract value stated yesterday? ECRL not RM 55 billion project?

VIVOCOM consortium eyes ECRL project

October 19, 2017 @ 7:16pm
KUALA LUMPUR: Following on from recent developments that would see the Hong Kong listed main board company CNQC International Holdings Limited (CNQC Intl) emerging as its single largest shareholder, Vivocom Intl Holdings Berhad (Vivocom) has made another breakthrough with the signing of a Heads of Agreement (HOA) with MACfeam Sdn Bhd (MSB) for the Project East Coast Railway Lines (ECRL).

In an announcement to Bursa Malaysia this evening, Vivocom said that its subsidiary company, Vivocom Enterprise Sdn Bhd (VESB) and MSB are forming a consortium with the purpose of jointly submitting an application for prequalification, tendering for, obtaining the award and performing the contract (ECRL Contract) in relation to the states of Terengganu and Pahang that has been called by the China Communications Construction Company Ltd and China Communications Construction Company (M) Sdn. Bhd.

The partnership between VESB and MSB constitutes 60 per cent and 40 per cent, respectively.

Project cost and financial benefits derived from the proposed collaboration cannot be ascertained at this point of time. Barring unforeseen circumstances, the Proposed Collaboration is expected to contribute positively to the future earnings of Vivocom.

The ratio of amount of investment in the proposed consortium is not ascertained at this juncture. The company will make further announcement once the quantum is confirmed and will seek shareholders approval if necessary.

The ECRL, meanwhile, is expected to measure more than 51 per cent of the total area of Peninsular Malaysia. ECER covers the states of Kelantan, Terengganu and Pahang, as well as the district of Mersing in Johor. The electrified railway line which would eventually connect the east and west coasts of Peninsular Malaysia would boast a 688km line from Pengkalan Kubor in Kelantan to Port Klang in Selangor.

The ECRL project cost is estimated at RM55 billion. The rail link will be built by China Communications Construction Company, and as such 85 per cent of the project cost will be funded by China Exim Bank while the remaining 15 per cent to be funded through sukuk or Islamic bonds from Malaysian investment banks.

The project is targeted to complete by year 2024.

The 668km line would promote the development of industrial areas and the growing trend of Transit Oriented Development (TOD) that would nurture compact residential districts and commercial centres along the rail stations, hence benefiting the major towns designated as main stations for the project.

The ECRL would link the key economic industrial areas with the ECER such as the Malaysia-China Kuantan Industrial Park (MCKIP) and Gambang Halal Park in Pahang, Kertih Biopolymer Park (Terengganu) and Tok Bali Integrated Fisheries Park (Kelantan).

The government has forecasted the gross domestic product (GDP) for the three east coast states to grow by 1.5 per cent at the current rate with the implementation of this project.

MSB is wholly owned by Pegasus Diversified Bhd, and provides services to engineering, construction fields, manufacturing, together with fabrication and supply especially in the oil and gas industries, both on on-shore, off-shore and power generation development. The company has broad experiences in bending, welding, heat treatment, non-destructive testing of various types of steels used in the markets.

Over the last decade, MSB has been accredited by PETRONAS for major onshore fabrication and construction works. In addition, it has also received various accreditations from a number of reputable bodies such as American Petroleum Institute (API), Moody International Certification Ltd, The American Society of Mechanical Engineers (ASME), The National Board and also Construction Industry Development Board (CIDB).

Vivocom “tapping directly into the OBOR network”

Just last Friday (13 October 2017), Vivocom said that its current two largest shareholders are embarking on a corporate exercise to pave for the emergence of CNQC as its single largest shareholder eventually with a 29.15 per cent equity interest.

CNQC is part of a global construction powerhouse, the Qingjian Group which had been accredited as one of China’s Top 500 Enterprises and ENR Top 250 International Contractors.

The Qingjian Group is one of the first batch of premium quality construction enterprises of the Ministry of Construction in China; and is continuously accredited as one of China’s Top 500 Enterprises and ENR Top 250 International Contractors and has won awards including the highest honour in China’s construction industry of engineering quality – the “LUBAN AWARD”.
https://www.nst.com.my/business/2017/10/292768/vivocom-consortium-eyes-ecrl-project#cxrecs_s

ECRL project. No wonder need CNQC as shareholder.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5575701

Boss is part of Felda settlers votebank.

Posted by Alex Foo > Oct 16, 2017 04:53 PM | Report Abuse
boss just reinstated. can do magic to fix this upcoming QR?

450K volume done at 4.50 pm belong to KWAP? They only can buy after Z comeback?

Sorry I post near closing. I know i3 is a fighting forum. There are those jealous why Vivo must go up.

CNQC cash rich why need Macquarie cash?

After CNQC takeover stop PP.

Justinvestor Push up for Macquarie to sell.
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ran777rpt: They publish big news, push a bit then drag down.

16/10/2017 16:22
16/10/2017 16:26

Budget 2018 coming soon. FGV and Felda settlers BN sure must take care.