last chance to ride for an uncharted future path

China relation should strengthen Myeg's position in Malaysia

https://www.malaymail.com/news/money/2019/04/27/us-oil-embargo-will-see-venezuela-turn-to-china-russia-for-salvation/1747609

stay calm... oil price will shoot up

i can see one 'big durian seed' without the flesh standing behind


https://www.thestar.com.my/~/media/online/2019/04/27/12/17/dcx_doc753r0822wti1k92e17wl.ashx/?w=620&h=413&crop=1&hash=0CF5A822DB11EBC52A967039A6868F4A3F118AE4

just like PP, IPO will have to be much lesser than the market selling price....

and they will naturally boost up the share price of others to boost Leong Hup's mcap...

should boost the price of other listed poultry players

Dr M explains ""WHY"" Bandar Malaysia project reinstated

https://www.nst.com.my/news/nation/2019/04/481096/dr-m-explains-why-bandar-malaysia-project-reinstated

(1) “When we conducted our investigations, we found that the company, which was doing the preliminary works on Bandar Malaysia project, was actually not a Chinese company.

“The Chinese (company) only owned 25 per cent in that company. That is why we changed our stance to reinstate the project,” Dr Mahathir, who is also the Parti Pribumi Bersatu Malaysia (Bersatu) chairman told reporters at Yayasan Al-Bukhary, near here, today.

The original master developer of the project is a consortium consisting of Iskandar Waterfront Holdings Bhd and China Railway Engineering Corp Sdn Bhd (IWH-CREC).

(2) Asked why the government did not offer the project through open tenders — a policy embraced by Pakatan Harapan, Dr Mahathir said the government felt that the original contractor had been unfairly terminated.

“We feel that we did wrongly towards the company, which is a Malaysian company.”

.................

keyword from above answering why? :

"original master developer only have 25% chinese ownership", "we did wrongly towards the company"



as such NO OPEN TENDER will cause deviation from the probable path above

BRIEF-China Railway Group's Consortium Resumes Plan To Jointly Acquire Stake In Bandar Malaysia Sdn Bhd

Reuters Reuters April 27, 2019

https://finance.yahoo.com/news/brief-china-railway-groups-consortium-010600477.html

China Railway Corporation Announcement - just came.

http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2019-04-27/601390_20190427_3.pdf

About Restoring Participation in the Acquisition of Bandar Malaysia Sdn Bhd

The board of directors and all directors of the company guarantee that there are no false records in the contents of this announcement.
Misleading statements or major omissions, and the authenticity, accuracy and completeness of their content Take individual and joint responsibility.

For China Railway Engineering (Malaysia) Co., Ltd., a wholly-owned subsidiary of the Company (hereinafter referred to as "China Railway Malay Company") and local Malaysian company Iskandar Waterfront Holdings Sdn Bhd (hereinafter referred to as "Ihai Holdings") Camp (hereinafter referred to as "joint venture") acquired Bandar Malaysia Sdn Bhd (below) Referred to as "Banda Company" 60% equity and signed the "Equity Sale and Purchase Agreement" matters, the company phase Following the release of China Railways on January 4, 2016 and January 9, 2016 Announcement on the Acquisition of the Shareholding of Bandar Malaysia Sdn Bhd (Progress 2016-003) and China Railways Co., Ltd. participates in the acquisition of the equity of Bandar Malaysia Sdn Bhd Further Announcement (Provision No. 2016-005), the specific announcement details are disclosed on the same day.

Shanghai Stock Exchange website and China Securities Journal, Shanghai Securities News, Securities Times, Announcement of Securities Daily. Due to some twists and turns in the equity acquisition process, TRX City
Sdn Bhd (hereafter referred to as "TRX CITY", formerly 1MDBRE) on May 2, 2017 2 The day unilaterally suspended the agreement.

On April 25, 2019, the second "One Belt, One Road" International Cooperation was held in Beijing, China. During the summit forum, Yihai Zhongtie Iron Co., Ltd. (IWH CREC SDN BHD, referred to as "ICSB", Inheriting the rights and obligations of the aforementioned joint venture parties in the "Equity Sale and Purchase Agreement" and the horse The Government of West Asia signed the "Restoration Framework Agreement for the Malaysian City Project". Agreement agreement TRX CITY and ICSB will negotiate, agree and sign the Supplement within 30 working days from the date of signing this Agreement.

Charge Agreement, the purpose of the Supplementary Agreement is to restart and resume the Equity Sale and Purchase Agreement, appropriate Adjust the relevant timetable and necessary terms of the Equity Sale and Purchase Agreement and maintain the equity trading The original purchase price under the Agreement and the original acquired shareholding structure.
Bonda owns all the plots of the Malaysian City project to be developed in Kuala Lumpur, Malaysia.

Right, the plot is located in the central area of ​​Kuala Lumpur, Malaysia, with an area of ​​approximately 2 million Square meters. According to the planning of the Malaysian government, the project will be built with infrastructure, finance, A multi-business international business center integrating business, culture, tourism and high-end residences.

Special announcement.

China Railway Group Co., Ltd.
April 27, 2019

amazing intelligence...you are able to see through things (like x-ray) which many are incapable of...

Posted by Trouble Huat > Apr 27, 2019 1:56 PM | Report Abuse

perhaps someone who trapped or hope for higher price will argue this share gt very bright future and so on. haha. if director know the price rm1.3 in future, why dont they sell on that time instead recently? think about it instead keep argue that got news this n that.

good for you that you had escaped...

Posted by kyy_superhuman > Apr 27, 2019 1:51 PM | Report Abuse

Sadly posting old news won't help, buy on rumors, sell on news, simple theory. Monday will be the beginning of huge downtrend, you have no chance to escape la probability, better cut loss early, seeing how you struggle to con newbies, I know you threw a lot into ekovest and must be pissing your pant now...

https://klse.i3investor.com/files/my/blog/img/bl2409_photo_20190424_143741.jpg

https://www.theedgemarkets.com/article/positive-news-ahead-mahathirs-beijing-trip

For Bandar Malaysia, IWH-CREC Sdn Bhd is committed to make an advance payment of RM1.24 billion in two months.

IWH-CREC will acquire a 60% stake in Bandar Malaysia Sdn Bhd, which is wholly owned by the Ministry of Finance, for RM7.41 billion. It will be the master developer.

A picture paints a thousand words

https://cdn1.thecoverage.my/wp-content/uploads/2019/04/Mahathir-Ekovest.jpg

eyes no longer that sharp..

Posted by kyy_superhuman > Apr 27, 2019 12:42 AM | Report Abuse

and once again, news from last year, trying to link ekovest to botak lim to a freaking bread and finally to mahathir, so desperate want to escape from this counter, because you know next week will be the beginning of downtrend so creating chance for your pitiful soul to escape lmao.

Buy Mahathir The Loaf And Get Bandar Malaysia Worth RM 140 Billion ?

April 23, 2019

https://thecoverage.my/news/buy-mahathir-the-loaf-and-get-bandar-malaysia-worth-rm-140-billion/

The Loaf Rising Again Under Ekovest

By MT Webmaster On Nov 2, 2018

https://www.malaysia-today.net/2018/11/02/the-loaf-rising-again-under-ekovest/

cannot escape with the help of newbie - for sure

true...i really dont know if Mahathir knows what he is doing...

ha ha ha...

its precisely these 'never give up' business skills of LKH that brought him to his current level..

Posted by Fish and Chips > Apr 27, 2019 12:15 AM | Report Abuse

Probability! Yes, i agree with! Botak Lim has strong connection with CCP proxies! Remember how Najib snub Botak Lim for Dahlia! Now Botak Lim is back! I can imagine Botak Lim telling Najib! I'll be back!

his eyes is sharp...but brain is having neurodegenerative disease like Darth?

Posted by Darth_ > Apr 27, 2019 12:09 AM | Report Abuse

Your eye is sharp. probability is conman who is trap here and try to con newbies.

Posted by kyy_superhuman > Apr 26, 2019 11:58 PM | Report Abuse
eh look at the date la, that durian news is almost 1 month old ald la, and the BM news is also few days old ald, bunch of idiots here try to con newbie into this counter so that they can escape.

the whole trip is tailored made to suit LKH needs

i am not trying to con newbie...what for...need to con sharks liao with this kind of volume

Positive news ahead of Mahathir’s Beijing trip

The Edge Malaysia

April 24, 2019

https://www.theedgemarkets.com/article/positive-news-ahead-mahathirs-beijing-trip

The prime minister was roundly criticised when he returned from Beijing, with some of his detractors calling the five-day trip a failure. Not surprisingly, opposition parties accused him of jeopardising Sino-Malaysia ties of 45 years, which started during the time of former prime minister Tun Abdul Razak.

This, they said, would dim the country’s economic prospects as China, with its 1.4 billion population, is now a super power and the world’s largest consumer of many goods, including edible oil, musang king durian and natural resources.

PLS Plantations secures 4 durian distribution deals in China

https://www.nst.com.my/business/2019/03/474720/pls-plantations-secures-4-durian-distribution-deals-china

The exports were valued at US$1.1 billion in 2017, significantly higher than the US$243 million recorded a decade ago.

he is advanced quantum computer.. he he

Posted by Heavenly PUNTER > Apr 26, 2019 10:19 PM | Report Abuse

You can't hope, probability, you need to increase back the confidence, not like this flip prata, suddenly 1 suddenly 0... Stock market is about the future, if you can't even make a firm decision in the present, how lah you want people to put money into the country...

hopefully they return to bursa


Posted by qqq3 > Apr 26, 2019 10:12 PM | Report Abuse

probability > Apr 26, 2019 9:54 PM | Report Abuse

true...thats why foreign investors still spooked
========

Foreigners are traders and have loyalty.

i see...

Posted by qqq3 > Apr 26, 2019 10:14 PM | Report Abuse

by probability > Apr 26, 2019 9:57 PM | Report Abuse

that explains ECRL ...what about BM?
=========

BM is a risk for the developers............what risk we get?

In this soft market, u should be thankful somebody ( not the government) wants to take up the risk.

you need not succumb if they are a bully...but you can explain your rationals in a friendly win-sin gesture... i think the win-win comic book made was really a good idea

that explains ECRL ...what about BM?

Posted by qqq3 > Apr 26, 2019 9:55 PM | Report Abuse

ECL....

It as Najib who signed an agreement with $ 21 billion penalty for cancellation.....

For Mahathir, it is pay $ 21 billion and get nothing or pay $ 40 billion and get the ECL....and appease east coast voters.

Debt is really bad for the country.....the whole world market is going to collapse very soon. I think the country has to avoid foreign debt at all costs.

true...thats why foreign investors still spooked

Posted by Fish and Chips > Apr 26, 2019 9:51 PM | Report Abuse

Probability! I feel the same! But i think Mahathir is so pressured to make a win that he made a very bad decisions! Removing GST was really bad but this new ECRL deal, haix! Worst!

i am too..just that i think they owe some detail explanation for the U-turn to rakyat

Posted by qqq3 > Apr 26, 2019 9:51 PM | Report Abuse

https://klse.i3investor.com/blogs/savemalaysia/204151.jsp

well.....for me I am satisfied and happy with PH and Mahathir.

yes...i am really feeling bad in a corner though its positive for the market....really dont know where Malaysia will end up...

guess he had no other choice

Tun had silenced Najib with court cases at a time where Najob can blatantly question all of Tun's recent decisions...

actually i am also beginning to feel puzzled with Tun / PH actions...

are they now doing everything for the sake of pleasing someone...do they not have certain principle..

perhaps thats the reason KLSE did not rise as expected despite all these news

The issue price (s) of the Placement Shares for each tranche of the Proposed Private Placement will be determined and fixed by the Board and announced later by the Company after receiving the relevant approvals for the Proposed Private Placement (“Price-Fixing Date”).

.............

assuming its approved next week after the submittal today, i suppose you will have very high trading volume generated with little price movement to generate Volume weighted average market price (“VWAMP”)

any experts here can enlighten?

ok ok..

by tomorrow break 1.24

next week should break 1.24

still not yet 1.24?

In fact, the current rise in the construction industry will continue.
I don’t think it’s high before I reach the new high.
After all, the previously suspended construction plans have been restored.
Even the city of Malaysia has not recovered within the scope of consideration.
Next, let’s see how Longxin High Speed ​​Rail,
However, the original purpose of the city of Da Ma is the high-speed rail terminal.
Then Longxin high-speed rail naturally has hope.
Plus East Malaysia also announced a bunch of construction contracts,
These years are definitely the era of the construction industry.
Everyone will wait and see,
The night finally passed,
The light is ahead.

After EKOVEST announced that it has no relationship with Malaysia City,
The stock price fell sharply the next day,
But then announced another news,
That is to plan to privately distribute 10% of the shares (Private Placement).
Of course, private placement is not new.
Sometimes it is a good thing but sometimes it is a bad thing,
But at such a critical point in time,
Announced a private allotment,
And after the stock price limit,
It is worth studying.

Let me talk about what is a private allotment.
Basically, the company is issuing new shares.
Then sell it to certain people,
Different from RIGHT ISSUE,
Company with RIGHT ISSUE,
It is available to every incumbent shareholder.
However, private placements are incapable of participation by current shareholders.
Just for certain people,
So it is easy to cause shareholder dissatisfaction,
Especially if the price of the allotment is lower than the market price


In fact, private placements are nothing new.
It’s like AirAsia has done this before.
Basically, the company needs to use the money,
But don't need too much,
May be only about 10% of the market value,
Due to the small number of new shares issued,
So the impact of equity is not big,
Unlike RIGHT ISSUE,
It may double the number of shares.

So in the end, private placement is a good thing or a bad thing,
In fact, following the previous records,
There are good and bad.
Some have risen after private placements.
Some are the stock price plummeted.
I think we should look at the purpose of private placement.
If the company has nothing to do in the future,
The price of private placements is low,
Feel the heart to benefit yourself,
Such existing shareholders are naturally unhappy.
Therefore, the sale of tickets has led to a sharp fall in stock prices.

But if the company usually has a profit,
Don't need to wait for money,
And there may be big plans in the near future,
At this time, privately allotment,
It may give investors the feeling that they need money to make big tea in the future.
Naturally, it is good news.
This is the case with EKOVEST.
Just announced that it has nothing to do with Malaysia City.
Then announced a private allotment,
Inevitably, investors will have delusions.
It is not surprising that stock prices will naturally rise.

Positive news ahead of Mahathir’s Beijing trip

https://www.theedgemarkets.com/article/positive-news-ahead-mahathirs-beijing-trip

For Bandar Malaysia, IWH-CREC Sdn Bhd is committed to make an advance payment of RM1.24 billion in two months.

IWH-CREC will acquire a 60% stake in Bandar Malaysia Sdn Bhd, which is wholly owned by the Ministry of Finance, for RM7.41 billion. It will be the master developer.

IWH-CREC is a 60:40 joint venture (JV) between Iskandar Waterfront Holdings Sdn Bhd (IWH) and state-owned China Railway Engineering Corp (M) Sdn Bhd (CREC). Businessman Tan Sri Lim Kang Hoo holds a 63% stake in IWH, while Kumpulan Prasaran Rakyat Johor Sdn Bhd owns the remaining 37%.

Loke: PM's upcoming China visit to focus on wooing investment

https://www.nst.com.my/news/nation/2019/04/481712/loke-pms-upcoming-china-visit-focus-wooing-investment

We cannot deny that China is a great economic power now, so like it or not, we need to attract their investment. They can provide many bilateral trade and investment opportunities for us,” he said.

Loke, who is also Seremban MP, said Malaysia collaborates with China in many fields, including railways, and cited the rolling stock centre in Batu Gajah, Perak.

“We also want increased collaboration in shipping, including in further improving our ports’ performance.

Major deals to be inked during PM's China visit

https://www.nst.com.my/news/nation/2019/04/482529/major-deals-be-inked-during-pms-china-visit

Together with Chinese premier Li Keqiang, Dr Mahathir, who is arriving in the Chinese capital tonight, will witness the signing of memoranda of understanding on enhancing palm oil trade and cooperation, and on cooperation in the development of industrial parks, infrastructure,

logistics hub and transit oriented developments
...............................................

pursuant to the East Coast Rail Link (ECRL) project.

confirm green today

close green today

oil will hit 80 $/brl with the Iran sanction alone

the only real oil beneficiary.....

precious opportunity now

its a double whammy...government budget based on 70 $/brl will also boost the market