RHBC53 current gearing is less than 10, and expired soon, may consider to switch to Maybank C1R, which gearing x25 and maturity period with 6 months period

ITMAX had clinched 4th Johor car park contract from SEGAMAT MUNICIPAL COUNCIL (MPS) for around 3100 car park lots too

and WIP to cover whole Johor car park
Muar
Pengerang
Pontian
Yong Peng
Kluang
Pasir Gudang
Kota Tinggi
Labis
Simpang Renggam

Thunndery, this statement is irrelevant, as in you wont able to find another company listed in bursa involving in casino biz bigger than Genting/GenM, or another company involving in electricity generating bigger than Tenaga, it is irrelevant on the share price movement

healthy retrace, finding solid ground before next leap

https://www.theedgemarkets.com/node/660887

hopefully this rally is tide with some solid news like PIA expansion award

to reach 1.54, need to clear 14,000 lots of road block...

good news in cooking? PIA award? PTMP/PSR progressing? higher PP price set? Share Split around the corner?

https://www.malaymail.com/news/malaysia/2019/11/07/armed-with-federal-guarantee-penang-eyes-bonds-to-fund-rm46b-transport-blue/1807734

slowly cimb up to RM1.50 with moderate volume traded today

next quarter most likely will record revenue of i-santorini unbilled of RM256mil

with the additional issue of new stock lately, coming QR need to be around RM40 mil, to get EPS close 10 cent

https://www.klsescreener.com/v2/announcements/view/29094588

delay of private placement and share split plan for another 6 months

twinpeak,
Ideal United Bintang International Berhad (IDEAL) in our FundTech Radar– 23rd July 2019.

may i know source from where?

next should be share split to be happen

Over at Ideal United Bintang International Bhd, 40.25 million shares or a 13.33% stake crossed off market in four direct deals on June 25.

The shares were transacted at RM1.10 apiece for a total transaction value of RM44.27 million. Neither the seller nor the buyer had been disclosed as at press time. The Penang-based property developer has not made any announcement on changes in shareholding since April.

Ideal United Bintang is ultimately controlled by Tan Sri Alex Ooi Kee Liang, who has been dubbed Penang’s Condo King.

The counter has risen one sen or 1% year to date to close at RM1.10 last Wednesday, giving the company a market capitalisation of RM332.1 million.

it probably is not under IUBB, instead it belong to ideal property

anon, can share the source of info?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6175721

anyone attended the EGM? how is the outcome?

SRS Consortium is a triumvirate joint venture of Gamuda Berhad (60%), Ideal Property Development Sdn Bhd (20%) and Loh Phoy Yen Holdings Sdn Bhd (20%). SRS Consortium was appointed as the Project Delivery Partner (PDP) for the RM27 billion Penang Transport Master Plan (PTMP) projects in August 2015. SRS Consortium’s proposal comprises a staged delivery plan with a clear hierarchical public transport network starting with the Bayan Lepas LRT line, followed by subsequent rail and BRT lines in Penang Island and Seberang Perai.

It considers a more appropriate long term (50-year) timescale in arriving at the proposed transport systems while relieving the pressure on the Tun Dr Lim Chong Eu Expressway by way of Pan Island Link highways across Penang Island. The proposal, besides bringing forth a solution to Penang’s traffic woes, will also uplift Penang’s economic dynamism to greater heights by reclaiming a land parcel of sufficient area for a long-term (more than 50 years) masterplanned development. It will create a new strategic commercial hub (Smart City) and diverts development pressure away from the overcrowded area surrounding George Town. Most importantly, the projects under the proposal will be independently funded by the sale of reclaimed land that belongs to the State Government.

Equally critical reason in adopting a 50-year development timeframe is because rail projects are generally considerably costly to construct and have a long (more than 100 years) operational lifespan. It would not be viable to consider a transport demand strategy that is less than 30 years considering the scale, time and hefty investment needed for construction, anticipated economic returns, as well as the exhaustive planning efforts required for the realisation of such large-scale infrastructures.

From the perspective of public transport, SRS Consortium’s proposal aims to help increase public transport modal share in Penang. In doing so, the proposal is to elevate generally lower–capacity transport systems such as trams and BRT in the PTMP strategy (Halcrow study) to higher-capacity, fully segregated modes to attract the public to convert to public transport for better comfort and convenience.

Practicality also ranked high on SRS Consortium’s proposal, due to Penang Island’s narrow and congested roads which render at-grade trams and BRT systems impractical. From an operational standpoint, constructing at-grade (on-the-road) public transport systems may otherwise lead to:

Reduced operating speed and increased headways due to interface with existing road traffic;
Reduction of traffic lanes (worsening traffic congestion); and
Significant social impact.
To ensure continuous economic growth, upgrading and improvements on Penang’s existing road and highway network are also required. To this end, the proposed strategic bypass in the form of Pan Island Link highways will meet the urgent need to disperse traffic arising from existing and new infrastructures such as the Second Penang Bridge and the planned airport and industrial zone expansions. Interchange upgrades are also proposed in Seberang Perai to enable a smoother driving experience along the North-South Expressway.

GEORGE TOWN (Feb 20): Construction of the 5.7km Ayer Itam-Tun Dr Lim Chong Eu (LCE) Expressway bypass, which would be part of the RM46 billion Penang Transport Master Plan (PTMP), will begin on Aug 31 this year, Penang Chief Minister Chow Kon Yeow said tonight.

He said the commencement of the by-pass will mark the beginning of a comprehensive transport infrastructure plan to alleviate traffic congestion in the State.

Additionally, he said the State government had also approved one of the packages under the PTMP to be carried out by its developer, SRS Consortium within the first half of this year.

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“This will definitely spur the construction sector and provide a lot of opportunities for companies in Penang associated with building and construction businesses,” he said when speaking at the Real Estate & Housing Developers' Association (Rehda) Penang Chinese New Year dinner here.

State Housing Committee chairman Jagdeep Singh Deo who also spoke at the event said the State had agreed to Rehda’s request to extend the period for the exemption of a three per cent levy on properties purchased by foreigners in the State until the end of June this year.

Initially, the deadline for the exemption of the approval fee imposed was until Feb 28, but it was said that many foreign buyers would not be able to enjoy the benefit as the period was deemed too short.

“The State government has reviewed the request by Redha Penang, and we have agreed to extend the deadline to end of June, in line with the Federal home ownership campaign,” he added.

http://pgmasterplan.penang.gov.my/index.php/en/?option=com_content&view=article&id=76

http://www.theedgemarkets.com/article/construction-ayer-itamlce-expressway-bypass-start-aug-31-—-penang-cm?type=malaysia

http://www.klsescreener.com/v2/news/view/364683

550亿令吉的东海岸衔接铁道（ECRL），乔治肯特（GKENT,3204,主板建筑组）已获颁发2亿7000万令吉供应洋灰订单；最终的二手工程即将公布。

news on april regarding gkent secured 270 mil ECRL cement supply contract

isupertrader, from your stunning statement, i am confirm that u dont understand gkent at all fundamentally

should approve do to RM100mil donation to Tabung Harapan....more effective than share buy back

GKent had received RM300 mil cement contract from ECRL previously

Tan Kay Hock is not that simple as a golf partner of Najib, Najib and Tan Kay Hock are secondary school mate...

is this news dated on year 2013?

longtermvaluegain, as u saying this mean u really got no study on real value of gkent, perhaps gkent just not suit for short term player who want to gain fast money

johan is mother company own gkent, y gkent need to counting in johan p&l?
williantaychunkit u sure what are u talking?

30nov 4:50pm share list having price and volume spike:
gkent
genting
ewint
airasia
vs
cimb
nestle
ijm
gamuda
pmetal
tm
axiata
maxis
digi
sapnrg
pchem
maybank
ytl
tenaga
spsetia
and more

Rhb invest house also coverinf gkent

http://www.theedgemarkets.com/article/george-kent-rises-155-tieup-siemens-klspore-hsr-tender?type=malaysia

Hsr asset co tender rm20bil

http://www.theedgemarkets.com/article/sunway-construction-gets-rm2178b-lrt3-job-its-largest-single-project-36-yrs?type=malaysia

http://www.theedgemarkets.com/article/gabungan-aqrs-gets-rm12b-lrt3-contract-—-sources?type=malaysia

3bil x 50% x 6%

Gkent masuk pocket 100 mil

Margin wont be that high 15% as pdp fee only 6%, soon revenue will be balloon up but expecting lower on profit Margin

Anyone attend Today gkent press conference?

Icc

Pls refer to oskprop and pjdev, not easy to fight with the fox

Near future will see willow below rm1
Oskprop when 2.8, fox mgo 1.8, second day open 1.9
Pjdev when 2.3,fox mgo 1.6 , opening 1.8

Pls refer to pjdev and oskprop past case, we as minority share wont able to fight with the cunning Fox

One meter only rm46, not easy money to be earned

650k meter worth rm28 mil

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5540201

Need to divided by 2 and not sure when they can claim the pdp fee, might be upon project delivery

The message regarding what?

Maybank use whatsapp message?~~

What is the issue happened on gkenr dividend payment? I thought the dividend supposedly to be paid on 20 july?

I ask in press conference