Further to the Company's announcement on 24 September, 2013, the Board of FCB wishes to announce that the Letter of Award was dated 12 August 2013 and was accepted by the Company on 24 September 2013. The proposed date of completion of the Project is 11 April, 2015.
FCB also wishes to inform that the contract for the Project is not renewable as it is a one-off contract
FRONTKEN CORPORATION BERHAD (“FCB” or “the Company”) Acceptance of a Letter of Award (“LOA”) from ATT Tanjung Bin Sdn Bhd to be the Main Contractor for the Engineering, Procurement, Construction and Commissioning Works for ATB Ph-2 Terminal and Jetty Top-side Facilities for the Proposed Development of Hydrocarbon Storage and Distribution Facility at Tanjung Bin, Johor, Malaysia
0.090-0.095 is their major resistance . Maybe next week will have second attemp to break those barrier . If that happen , i think the fair value will be around 0.17-0.18 . My 2 cents (: . I'm gonna hold this for awhile (:
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ferdtwh
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Posted by ferdtwh > 2013-09-25 16:07 | Report Abuse
tomorrow maybe....