The Board of Directors of Straits ("Board") is pleased to announce that the Company has on 20 January 2020, received a letter of award ("Letter of Award") from Labuan Port Authority for the operation and facility management ("Port Management Services") of Labuan Liberty Terminal in the Federal Territory of Labuan for a period of 6 years.
Please refer to the attachment for further details on the Letter of Award.
The Board will deliberate on the salient terms of the Letter of Award, and will make the necessary announcement upon the finalization of the decision in respect of the acceptance of the Letter of Award, in accordance with the provisions of the applicable rules and regulations, which include, amongst others, ACE Market Listing Requirements of Bursa Malaysia Securities Berhad.
Holding 1M shares for 1 year, up and down, it's time to prove that my decision is right while my friends are earning 99 in Dayang, Penta, Revenue, Scgm, Datasonic etc hot stocks!
yeah kuan..me holding 500k share..also more than one year..up and down with counter..still holding although sometimes upset when my fellow friend make money from other counter
i am with you bro..will uninstall my cds apps on my phone now..and re install in two year later hahahaha..other wise my itchy hand cannot tahan lihat profit
The Board is pleased to announce that it has today, approved the acceptance of Labuan Port Authority’s Letter of Award dated 20 January 2020 by the Company and that the Company will make further announcement on the progress of this matter upon signing of the Definitive Agreement with Labuan Port Authority.
this compamy care to make immediate announcement of any developmemt...not like most of bursa counters, some took nearly 3 months, baru nk announce, after all their stakeholder and interested parties taking advantage of it... however,no action by SC or bursa..
Guys I have created a telegram group for this counter. If you're a firm believer of Straits Inter Logistics please join this group to gather mor information, share your thoughts and perspectives. Together we're stronger. Group name: @straitsinterlogistics
Although SIL is venturing into new territory (port mgmt services).. they’re not doing it by themselves.. they partner with old timer playa .. furthermore financial commitment for the new JV is shared almost equal with partner, so risk should be well mitigated... this counter is for long term play.. definitely not for CONTRA
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pray hard