I'm also following this blog but didn't bother to comment but lately I was in Melaka and I have to admit that I was impressed. During my visit last week, I noticed that Melaka was blossoming, but my observation is mainly on the reclamation works in Melaka. With Ben's on-going works there, it will pave the way for more land sales. Checked out Ben's 2013 Annual Report and found that the area of Kota Laksamana is to cater for mixed developments, mainly commercial shops and hotels because there is demand for it. I also heard from the grapevine that Ben will be announcing a number of land sales in the coming months and this is good news for all investors. Rumor has it that a very large tract of land in Melaka will be sold to a tycoon for a very substantial cash amount. I think Ben's books will swell this year if this is true. But definitely, there is something brewing...can't wait really for the good news, my investment will prove to be the right call
Stock: [BENALEC]: BENALEC HOLDINGS BERHAD
2014-02-28 18:30 | Report Abuse
I'm also following this blog but didn't bother to comment but lately I was in Melaka and I have to admit that I was impressed. During my visit last week, I noticed that Melaka was blossoming, but my observation is mainly on the reclamation works in Melaka. With Ben's on-going works there, it will pave the way for more land sales. Checked out Ben's 2013 Annual Report and found that the area of Kota Laksamana is to cater for mixed developments, mainly commercial shops and hotels because there is demand for it. I also heard from the grapevine that Ben will be announcing a number of land sales in the coming months and this is good news for all investors. Rumor has it that a very large tract of land in Melaka will be sold to a tycoon for a very substantial cash amount. I think Ben's books will swell this year if this is true. But definitely, there is something brewing...can't wait really for the good news, my investment will prove to be the right call