Posted by moneySIFU > 2017-03-11 08:22 | Report Abuse

It was already reported last month that SIPP Railway Sdn Bhd was the first contractor for the project. It is learnt that SIPP, which is a private vehicle controlled by the Sultan of Johor, Sultan Ibrahim Sultan Iskandar, has been appointed as the main contractor for the Gemas double tracking job.

A consortium of three China-based companies — China Railway Construction Corp Ltd (CRCC), China Railway Engineering Corp (CREC) and China Communications Construction Corp (CCCC) — received the letter of award for that job from Transport Minister Datuk Seri Liow Tiong Lai in October last year.

Posted by moneySIFU > 2017-03-11 08:23 | Report Abuse

Interesting, Sultan of Johor & China Railway Engineering Corp (CREC) are closely related to Lim Kang Hoo

Posted by moneySIFU > 2017-03-11 08:29 | Report Abuse

Will Ekovest get any out of it? Never discount but also never too optimistic, we shall see later.

Posted by Equityengineer > 2017-03-11 11:34 | Report Abuse

Wah, ho[efully they would get... Its and era of construction company boom en Malaysia....

Posted by myongcc5 > 2017-03-11 11:38 | Report Abuse

Good usage of Steel bar? Yes, will b great beneficiary for steel bar company

Posted by ccs999 > 2017-03-11 13:23 | Report Abuse

Money sifu, so all in gamuda we?

Posted by yenhui_koh > 2017-03-11 13:39 | Report Abuse

With Chinese companies as the major players and China eagerly to clear their domestic inventories to overseas, not sure if local material companies will be benefited from these projects.

Posted by moneySIFU > 2017-03-11 18:54 | Report Abuse

ccs999, I all in Ekovest :)

Posted by VenFx > 2017-03-11 19:02 | Report Abuse

moneySIFU real good catch,
one Ekovest can sustain for 10 years at least.

Posted by moneySIFU > 2017-03-11 22:48 | Report Abuse

Thanks, VenFx bro, I have AWC & EG in my 15% investment fund & 85% for Ekovest. I trust EG will catch up VS sooner if not later, the gap shouldn't be that far. EG is safer to me & overlooked by market. Hope it will be my 3rd 100%+ return stock.

Posted by moneySIFU > 2017-03-11 22:49 | Report Abuse

Since my return to stock market 1.5 years ago

Posted by VenFx > 2017-03-12 01:05 | Report Abuse

2 : 8 ratio formula ?

Posted by moneySIFU > 2017-03-12 01:19 | Report Abuse

ha, no special ratio, just that I was already in & still keeping & buying Ekovest, doing some diversification to other areas.

Posted by VenFx > 2017-03-12 01:27 | Report Abuse

I see moneySIFU follow very closely to each counter invested, and very focus .
I find moneySIFU always can run MRI on his selected counter... salute.