just a PR letter or intent, its not legally binding one, LOI
Malaysian Resources Corporation Berhad (“MRCB” or the “Company”) is pleased to announce that the MRCB Gamuda Consortium has received a Letter of Intent (“LoI”) from MyHSR Corporation Sdn Bhd (“MyHSR Corp”) on 5 April 2018, informing the MRCB Gamuda Consortium of MyHSR Corp’s intention to award the PDP Package 1 (North) from Kuala Lumpur to the state border between Melaka and Johor (“the Project”) to the MRCB Gamuda Consortium.
this type of 'good news' just a PR stunt, no impact at all on P&L . still a long way to go, to sign,seal and deliver. if 'investors' jump with joy on this,well people will see what they want to see and deserve what they get, hahaha..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sell
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Posted by sell > 2018-04-05 23:03 | Report Abuse
Give projects but no payment like EDL toll free.