Posted by SamuelLuke > 2019-04-04 11:23 | Report Abuse

The status quo is with China still they willing to negotiate n play along with Malaysian’s term.... u tell me is there any posibilities Tun against the will to revive ecrl??

Posted by Bursalord > 2019-04-04 16:18 | Report Abuse

Ecrl news coming out soon.
Buy a ticket to watch the flying trapeze show

Posted by Bursalord > 2019-04-04 16:41 | Report Abuse

Last call

Posted by sarahdeaton > 2019-04-04 17:19 | Report Abuse

Last call? Okok. Buy queue at 1.25

Posted by Sinoboy > 2019-04-04 20:25 | Report Abuse

It will be a big effort to reach rm1...

Posted by JP1952 > 2019-04-05 08:10 | Report Abuse

Slowly and steadily it will reach rm1 in the short period of time

Posted by abc333 > 2019-04-05 08:15 | Report Abuse

1.3

Posted by ehtan18 > 2019-04-05 09:45 | Report Abuse

Dr Mahathir today at Theedge : to reduce the contract value of ECRL (East Coast Rail Link), because if we don’t continue with the project, we will have to pay very huge compensation, so that is being managed.

Posted by Bursalord > 2019-04-05 10:08 | Report Abuse

The train start to move...
Let's join

Posted by Bursalord > 2019-04-05 10:41 | Report Abuse

No more selling, it's time to buy.

Posted by Bursalord > 2019-04-05 10:45 | Report Abuse

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To further reduce debt, govt may have to sell land, says PM
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After selling off superyacht Equanimity, the government is considering selling land to pare down its debt, but only to Malaysians, Prime Minister Tun Dr Mahathir Mohamad said today. Bernama Photo

By Nor Ain Mohamed Radhi - April 4, 2019 @ 1:12pm
KUALA LUMPUR: After selling off superyacht Equanimity, the government is considering selling land to pare down its debt, but only to Malaysians, Prime Minister Tun Dr Mahathir Mohamad said today.


"We see a possibility of reducing debt through identifying government's assets, which we can sell.

"In fact, we may, if necessary, sell land belonging to the government. But of course, we will (only) sell it to Malaysians and not foreigners.

"That will help (in our efforts) to reduce our (national) debt," he told a press conference at the Parliament lobby today.

Dr Mahathir said efforts were underway to reduce the government's debt.

"At the moment, the process is still on-going. The debt is being lowered and efforts are being worked on all the time."

Asked on the latest amount of debt, he replied; "I can't give the exact figure but I believe it has been reduced quite considerably."

Earlier, Dr Mahathir said the national debt is at a manageable level.

"It (the amount) has come down. The finance minister will know the exact figure.

"First, our economy has grown in the last one year, hence the debt owed by us has become smaller.

"Secondly, we have been able to recover quite a lot of money that was lost as well as those kept in Singapore.

"Thirdly, we were also working hard to reduce the contract value of the East Coast Rail Link (ECRL), because if we don't continue with it, we will have to pay very huge compensation. So that is being managed." he said.

Previously, it was reported that the government's debt stood at RM1.087 trillion.

Yesterday, the Attorney-General Tommy Thomas announced that the Equanimity will be sold to Genting Malaysia Bhd or its special purpose vehicle (SPV) company at the price of US$126 million, ranking as the highest recovery to date for the Malaysian government from the 1Malaysia Development Berhad (1MDB) scandal.

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Posted by Bursalord > 2019-04-05 10:46 | Report Abuse

Thirdly, we were also working hard to reduce the contract value of the East Coast Rail Link (ECRL), because if we don't continue with it, we will have to pay very huge compensation. So that is being managed." he said.

Previously, it was reported that the government's debt stood at RM1.087 trillion.

Posted by Bursalord > 2019-04-05 10:46 | Report Abuse

Buy

Posted by Bursalord > 2019-04-05 10:55 | Report Abuse

Khamis, 4 April 2019 | 1:46pm


TUN Dr Mahathir Mohamad pada sidang media di lobi Parlimen, hari ini. - Foto BERNAMA
'Kerajaan akan jual tanah kepada rakyat tempatan jika perlu'
Oleh Ahmad Suhael Adnan
ahmad.suhael@bh.com.my
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KUALA LUMPUR: Tun Dr Mahathir Mohamad berkata, kerajaan hanya akan menjual tanah kepada rakyat tempatan sekiranya perlu dalam usaha mengurangkan beban hutang negara.

Perdana Menteri berkata, kerajaan tidak akan mengulangi langkah pimpinan terdahulu yang sanggup menjual tanah kerajaan kepada pihak asing.

Beliau berkata, kerajaan yakin dapat mengurangkan beban hutang peninggalan kerajaan terdahulu menerusi beberapa aset termasuk tanah, selepas menjual kapal mewah Equanimity.


“Kami melihat kemungkinan mengurangkan lebih banyak hutang dengan mengenal pasti aset kerajaan yang boleh dijual.

“Kita masih ada beberapa aset (boleh dijual) dan jika perlu, kita akan jual tanah milik kerajaan.

“Namun, sudah tentu kita hanya akan jual tanah kepada rakyat Malaysia, bukan pihak asing. Langkah ini mampu mengurangkan hutang negara.

“Pembangkang boleh membantah, tetapi mereka tidak lagi berkuasa. Ketika memerintah, mereka tidak membantah tanah dijual kepada pihak asing dan hanya sekarang baru mereka sedar,” katanya pada sidang media di lobi Parlimen, hari ini.

Beliau berkata demikian ketika ditanya mengenai rancangan kerajaan untuk melupuskan aset selepas menjual Equanimity, serta bantahan pembangkang terhadap penjualan aset dan tanah milik kerajaan.

Pada Oktober tahun lalu, Dr Mahathir dilaporkan berkata, kerajaan mempertimbangkan untuk melepaskan aset negara seperti tanah bagi mengurangkan beban untuk membayar hutang ditinggalkan kerajaan terdahulu.

Perdana Menteri berkata, proses mengurangkan hutang negara sedang berjalan manakala jumlah hutang juga sudah menurun.

“Apabila ekonomi berkembang dalam tempoh satu tahun ini, peratusan hutang kepada Keluaran Dalam Negara Kasar (KDNK) turut berkurang.

“Kedua, kita sudah berjaya mendapatkan semula sejumlah wang hilang yang disimpan oleh Singapura. Wang itu juga membantu mengurangkan hutang.

“Kita juga berusaha mengurangkan nilai kontrak Laluan Rel Pantai Timur (ECRL) kerana jika tidak teruskan projek itu, kita perlu membayar jumlah pampasan yang tinggi,” katanya
05/04/2019 10:53 AM
X
Bursalord The message is clear, ecrl will proceed.

Posted by Bursalord > 2019-04-05 11:00 | Report Abuse

The message from tun mahathir is clear ecrl project will proceed.
Go go mrcb go

Posted by Sinoboy > 2019-04-05 11:31 | Report Abuse

Ecrl favours gabungan aqrs. Should monitor it...

Posted by sarahdeaton > 2019-04-05 13:10 | Report Abuse

Okok..i sell now. Go buy gabungan aqrs.

Posted by Sinoboy > 2019-04-05 14:49 | Report Abuse

Quiet day. Time for siesta zzzzzz

Posted by SamuelLuke > 2019-04-05 17:58 | Report Abuse

A perfect storm always come after a few silent nights, be ready.... buy anything u can in construction sector, fasten your seat belt, n don’t forget to take your heart attack medicine!!!

Posted by snwong13 > 2019-04-06 07:25 | Report Abuse

.
"Guan Eng hints ECRL project will be continued!"

https://www.freemalaysiatoday.com/category/nation/2019/04/06/guan-eng-hints-ecrl-project-will-be-continued/

Posted by Bursalord > 2019-04-06 10:01 | Report Abuse

SEREMBAN: Finance Minister Lim Guan Eng hints that the East Coast Rail Link (ECRL) will include Negri Sembilan, if negotiations with the Chinese government is successful, and the project continues.

The project could go on if negotiations between Council of Eminent Persons chairman Tun Daim Zainuddin and the Chinese government went well and the government could cut the cost down to RM36bil, said Lim.



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"If this project cost can be cut down to RM36bil, then it is good news not only for the country, but also for Negri Sembilan.
"And I say Negri Sembilan because the route will change and this is good for the state," said Lim at a ceramah in Kuala Sawah near here on Friday night (April 5).

He, however, refused to divulge further about his veiled announcement.

"I ask the press to not ask me about this because I can't say much about it.

"If the negotiations are successful, the route will change and this will be great news for Negri Sembilan.

"If you want good news, please support Pakatan Harapan in forming a clean, democratic, fair and united government," said Lim.

Later, when a reporter asked him to clarify his announcement, the DAP secretary-general simply put a finger to his lips, indicating silence.

He was present in a group ceramah to drum up support for Pakatan candidate in Rantau, Dr S. Streram, in the April 13 polls.

The 688-kilometre ECRL railway track project from Port Klang to Gombak and onwards to Kuantan and Pengkalan Kubor, was put on hold after the Pakatan government came into power in the May 9 general election last year and negotiations on the project cost is currently underway


Read more at https://www.thestar.com.my/news/nation/2019/04/05/ecrl-surprise-for-negri-sembilan/#M4Jli3bvaLogE53c.99

Posted by Bursalord > 2019-04-06 11:27 | Report Abuse

Rm2.00 coming

Posted by freddiehero > 2019-04-06 11:59 | Report Abuse

fly together... all be rich rich tis year!

Posted by Luckystock > 2019-04-06 14:05 | Report Abuse

Still cheap to buy. Anything less than Rm1.00 is a discount.

Posted by freddiehero > 2019-04-06 14:45 | Report Abuse

fly together... all be rich rich tis year!

Posted by Bursalord > 2019-04-06 16:25 | Report Abuse

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全国 > 即时 > 即时国内
2019-04-06 15:13:44 21961
【独家】规模较小 节省逾100亿· 东铁计划 重启
即时国内
广告


（八打灵再也6日讯）大马将会重启东海岸铁路计划 (ECRL)。

广告

可靠消息告诉星洲日报，大马和中国就东铁计划的谈判取得突破，马中两国将在首相敦马哈廸在4月杪访华前签署新协议，标志东铁计划正式复工。

消息补充，负责与中方谈判的精英顾问团主席敦达因，将在近日飞往北京，代表大马签署这份新协议。

消息说，重启的东铁计划是一个规模较小、成本较低和重新调整路线的项目。星洲日报探悉，重启的东铁计划的成本，将比原有的节省超过100亿令吉。

广告

消息形容，这是双赢方案，因为新协议概括新的商业元素，为本地企业和人民带来更大效益。

（有关东铁计划的最新消息，敬请留意星洲日报晚报和早报）

Posted by Bursalord > 2019-04-06 16:25 | Report Abuse

All the way to break rm 2

Posted by Bursalord > 2019-04-06 17:03 | Report Abuse

https://www.sinchew.com.my/content/content_2034171.html

Posted by Bursalord > 2019-04-07 10:39 | Report Abuse

https://www.malaymail.com/news/malaysia/2019/04/07/transport-minister-ecrl-to-undergo-change-of-allignment-to-negri-sembilan/1740580

Posted by Sinoboy > 2019-04-07 14:33 | Report Abuse

If it does go above 1.25, warrant wb would be a cheap option. Conversion price is 1.25...

Posted by sell > 2019-04-07 15:38 | Report Abuse

TH sell bec MRCB won't gain from PH projects bec MRCB BN crony?

Posted by sell > 2019-04-07 15:38 | Report Abuse

05-Apr-2019 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 2,000,000 shares on 03-Apr-2019.
04-Apr-2019 Blog Construction - A Trying Time
04-Apr-2019 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 1,000,000 shares on 02-Apr-2019.
03-Apr-2019 Insider LEMBAGA TABUNG HAJI (a substantial shareholder) disposed 1,600,000 shares on 01-Apr-2019.

Posted by hollandking > 2019-04-07 15:56 | Report Abuse

nope. i think th sell may have got to do with its losses and some policy changes. I expect more to come, not just this counter

Posted by sarahdeaton > 2019-04-07 17:05 | Report Abuse

Okok. I sell now.

Posted by Bursalord > 2019-04-07 21:17 | Report Abuse

ECRL to proceed at smaller scale, lower cost
KONG SEE HOH / 07 APR 2019 / 17:11 H.
ECRL to proceed at smaller scale, lower cost
The original proposed route for the ECRL on March 8, 2017. The new route has yet to be revealed. — Bernama
FOLLOWING months of negotiations, Malaysia and China have reached an agreement to resume the East Coast Rail Link (ECRL) project, which was suspended last July.

It will be carried out on a smaller scale, and at a lower cost with some changes to the route, Sin Chew Daily reported today.

The daily learnt that the cost of the project, which was originally tagged at RM66 billion, will be slashed by more than RM10 billion.

A well-placed source told the daily that what the two parties had arrived at was a win-win solution as the re-negotiated project includes new commercial elements, which will bring about greater benefits to local entrepreneurs and people.

It is learnt that an agreement will be signed prior to Prime Minister Tun Dr Mahathir Mohamad’s visit to China at the end of this month, marking the resumption of the project.

The source said Council of Eminent Persons chairman Tun Daim Zainuddin, who is representing Malaysia in the negotiations, will fly to Beijing soon to sign the agreement.

Mahathir is scheduled to visit China from April 24 to 28 at the invitation of Chinese premier Xi Jinping to attend the second Belt and Road Initiative summit.

It is understood that Mahathir will address the summit and emphasise Malaysia’s support for the Belt and Road Initiative.

According to the report, environmental considerations are the main reason that changes will be made to the ECRL route.

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Posted by SHQuah > 2019-04-08 08:28 | Report Abuse

Construction on the RM9bil light rail transit (LRT) line and the RM9.6bil Pan Island Link 1 (PIL 1) are scheduled to start in June next year.
The Star learnt that the PIL has received approval from the Depart­ment of Environment – the federal regulator overseeing the Environ­mental Impact Assessment (EIA) report – in March while the LRT is expected to receive a conditional approval from the Transport Minis­try in May.

Both mega projects will be tendered to local and international companies at the end of the year.


Read more at https://www.thestar.com.my/news/nation/2019/04/08/penangs-pil-and-lrt-to-go-ahead/#sFWtK16WY4KM78ZI.99

Posted by SamuelLuke > 2019-04-08 08:41 | Report Abuse

2? Possible??? I wish too!!!!

Posted by sarahdeaton > 2019-04-08 08:49 | Report Abuse

2.00?? Okok i wait buy at 2.00.

Posted by value_invest > 2019-04-08 09:00 | Report Abuse

TH have been disposing for last few days, but the price keeps trending up. It seem that the shares disposed by TH were slowly collected. Recalled that MRCB had received RM2 bil +++ from TH gov, somethings seem coming.. LOOK OUT...

Posted by EatCoconutCanWin > 2019-04-08 09:57 | Report Abuse

buy in

Posted by Bursalord > 2019-04-08 10:26 | Report Abuse

ECRL project already confirm to proceed,
All the best.

Posted by wantousek > 2019-04-08 10:54 | Report Abuse

roadblock at 96c must be tabung haji...

Posted by Bursalord > 2019-04-08 11:00 | Report Abuse

Rm 2 coming, buy or you will regret

Posted by sarahdeaton > 2019-04-08 11:33 | Report Abuse

Okok. I wait buy at 2.10

Posted by yapchehhak > 2019-04-08 12:16 | Report Abuse

https://www.thestar.com.my/news/nation/2019/04/08/penangs-pil-and-lrt-to-go-ahead/?utm_source=smt&utm_medium=web%20push&utm_campaign=20190408%20-%20Latest%20-%20Penangs%20PIL%20and%20LRT%20to%20go%20ahea&utm_content=Penang’s%20PIL%20and%20LRT%20to%20go%20ahead&__sta=%7CJY&__stm_medium=bpn&__stm_source=smartech

Posted by pang72 > 2019-04-08 12:50 | Report Abuse

Continue to sialang

Posted by pang72 > 2019-04-08 12:51 | Report Abuse

Mrcb is expertise in rail work

Posted by pang72 > 2019-04-08 12:56 | Report Abuse

Next stop 1.00 then 1.20

Posted by Bursalord > 2019-04-08 13:01 | Report Abuse

ECRL project already confirm to proceed

Posted by pang72 > 2019-04-08 13:06 | Report Abuse

Yes. So many project from ecrl, penang lrt, hsr, pan borneo, mrt3..


Mrcb will fly to just grab few