I see the potential in this stock especially with lky holding 29 % share. Provided he not sell yesterday. If he keep increasing then good. If he sell then no need to look this counter anymore
KUALA LUMPUR: Malaysia is aiming to raise Kuala Lumpur's smart city score from the current 52.83% to 75% within the next five years, says Zuraida Kamaruddin.
The Housing and Local Government Minister said more smart housing projects would be created under the 12th Malaysia Plan to achieve the target.
"We want to make Kuala Lumpur and other cities here on par with other smart cities in developed countries," she said after opening the Smart Cities Asia 2019 conference here on Wednesday (Sept 11).
Currently, London tops the global smart city index with 100% score, followed by New York (94.63%).
Smart cities come complete with information and communication technology infrastructure, smart energy, transportation and utility services incorporating sustainable elements to reduce wastage and cost.
The two-day Smart Cities Asia 2019 conference attracted more than a thousand participants and 35 speakers from 25 countries.
The conference is aimed at promoting partnerships and tapping potential to create smart cities through pioneering urban solutions, among others, to transform cities around the world.
Communications and Multimedia Minister Gobind Singh Deo is set to propose a national data and Artificial Intelligence (AI) policy to the Cabinet.
"Most of the technology that we will employ in the Industrial Revolution 4.0 will depend on AI, so it is better that we have a clear policy in relation to that. This is a top priority for my ministry," Gobind said at the Next Big Tech Asia 2019 event in Kuala Lumpur.
This is not to be confused with the National AI Framework currently being developed by Malaysia Digital Economy Corporation (MDEC).
The National AI Framework is an expansion of the National Big Data Analytics (BDA) ecosystem developed in 2015, with the aim to drive Malaysia's AI ecosystem.
MDEC chief executive officer Surina Shukri had earlier announced at a separate event that the National AI Framework is now more than 50% ready and will be presented to Gobind's ministry soon.
"MDEC has been working on this for sometime now, but to me, it is important that we get a policy that is recognised by the government,” said Gobind.
“To me, in future, a lot will depend on data; how you analyse and store data, and AI is a critical element of that part. So my ministry is looking into that, formulating a policy that deals with that aspect."
However, he did not specify as to when the policy will be ready.
"I don't want to put a timeline, because we are not rushing into it. As technology develops day by day, it becomes more complex. It's important that we understand data and know how we can use it,” he said.
"It is events like this that brings the stakeholders together and we get input from them as to what their concerns are as well as get suggestions on what the direction should be. We are at the stage of listening to all the stakeholders, after that we will sit down to formulate a policy and once it is ready, I will present it to the Cabinet.”
metronic global bhd wholly owned subsidiary metronic engineering sdn bhd (mesb) has been appointed the contractor for a rm 7.48 million system works job of a mixed development project in kuala lumpur.Mesb received a letter of appointment fron china construction Yangtze River (Malaysia)Sdn Bhd for the supply,delivery,installation,testing and comissioning of extra low voltage system works for the proposed mixed devoelopment project.the mixed development will include a block of 616 apartment units,two blocks of office tower, executive club,carpark podium and retail space. the project will commence immediately and be completed by feb 4 2020.It is expected to contribute positively towards the company,s earnings and net tangible assets of period of the contract. Metronic intends to fund the project via internally generated funds and /or existing working capital line.
Good morning everyone. by look at shareholders activity recently, Lagenda Perdana no more share, mostly acquired by lky till 29% . Cita realiti disposed some of his holding as well.
Now speculate on 11/9/2019, if cita realiti sell the share and lky increase his share then his holding should more than 30% . it’s not he need trigger mgo, soon or later if that happen. I think lky is planning take over mtronic
cita realiti is syndicate of jacky pang chow huat linked company, mnc wireless, sanichi techology, metronic global berhad, so their catch people to trap to buy all this counter.
old mgt team and the conman pang chow sai no clearing out, very diffult to push up the prices. now need new blood to insert inside. this is one only idea.
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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....
GG7448
148 posts
Posted by GG7448 > 2019-09-12 10:56 | Report Abuse
Getting 2 new projects but the price down instaed up.... then what else can make the price up?