Up until April, we have submitted over 10 tenders, valued [at] more than RM4 billion. Some of the contracts being tendered out are for works for the new highways, and also infrastructure projects for Petronas’ (Petroliam Nasional Bhd) Rapid (Refinery and Petrochemical Integrated Development) project,” he said, adding that the group’s order book currently stands at RM342 million.
Adnan said management is focusing on its local operations, as the group aims to eventually wind down its foreign operations.
June 13): The development of the Bukit Bintang City Centre (BBCC) (pictured), the country's new iconic project in Kuala Lumpur, is expected to begin in September, UDA Holdings Bhd chairman Datuk Mohd Shafei Abdullah said.
He said the project would be completed in stages, of which the first phase expected to be completed in four years' time.
The first phase, with a gross development value (GDV) of RM4.7 billion, comprises a hotel, the bazaar people, offices, a condominium, a Mitsui Shopping Centre, a 2.43ha green park and a concert hall, he added.
On 9 March 2016, Zelan Construction Sdn Bhd, which is one of Zelan Berhad’s wholly owned subsidiaries, was awarded by BBCC Development Sdn Bhd the main building works contract for the 4 storey temporary sales office and show room for the Bukit Bintang City Centre (BBCC) project located at Jalan Hang Tuah / Jalan Pudu, Kuala Lumpur for the contract sum of RM37.78 million.
The duration of works is nine months, commencing on 9 March 2016 and completing on 8 December 2016.
.. .IIUM, we will undertake the asset management services of the said centre and its facilities for the next 20 years in accordance with the Concession Agreement.
As for the asset management services charges, Zelan said the maintenance services charges for the entire concession period would amount to RM504.68mil. The asset management programme for the concession period would be RM132.79mil.
As for the asset management services charges, Zelan said the maintenance services charges for the entire concession period would amount to RM504.68mil. The asset management programme for the concession period would be RM132.79mil.
Since yesterday already annouce that OPR reduce from 3.5% to 3 %. Most of Construction already start move.
Let look at Zelan(2283)
Zelan is involved in the design and construction of airports, power plants, highways, bridges, housing schemes and industrial complexes, steel structures, high voltage transmission lines and sub-stations, interchanges, and commercial and industrial buildings.
From the chart, we can notice downtrend since last year. But today show a while candle with hugh volume. It ready to change to uptrend. Our TP is 0.185/0.205/0.225.
They had big projects yet they turn into S***. What difference does it make to them now? You change the water but not the herbs. You will get the same rotten brew.
OTHERS LETTER OF ACCEPTANCE IN RELATION TO THE CONTRACT FOR PROJEK PENSWASTAAN LEBUHRAYA BERTINGKAT SUNGAI BESI ULU KELANG PACKAGE SUKE-CB2 CONSTRUCTION AND COMPLETION OF MAINLINE AND OTHER ASSOCIATED WORKS FROM CH. 15000 TO CH.16700 (CONTRACT NO: TURNPIKE-SUKE-C-B-ML-CB2-012) FROM TURNPIKE SYNERGY SDN BHD
ZELAN BERHAD
Type Announcement Subject OTHERS Description LETTER OF ACCEPTANCE IN RELATION TO THE CONTRACT FOR PROJEK PENSWASTAAN LEBUHRAYA BERTINGKAT SUNGAI BESI ULU KELANG PACKAGE SUKE-CB2 CONSTRUCTION AND COMPLETION OF MAINLINE AND OTHER ASSOCIATED WORKS FROM CH. 15000 TO CH.16700 (CONTRACT NO: TURNPIKE-SUKE-C-B-ML-CB2-012) FROM TURNPIKE SYNERGY SDN BHD Zelan Berhad (“Company”) would like to announce that Zelan – Hasrat Sedaya Consortium (“ZHSC”) (an unincorporated consortium comprising Zelan Construction Sdn Bhd (Company No. 246123-D), a wholly-owned subsidiary of Zelan Berhad, and Hasrat Sedaya Sdn Bhd (Company No. 219211-K)), has on 4 August 2016 received a Letter of Acceptance (“LOA”) from Turnpike Synergy Sdn Bhd, for the tender submitted by ZHSC for Projek Penswastaan Lebuhraya Bertingkat Sungai Besi – Ulu Kelang Package SUKE-CB2 – Construction and Completion of Mainline and Other Associated Works from CH. 15000 to CH.16700 (“Works”). ZHSC is required to acknowledge the LOA within seven (7) days from the date of the LOA.
The Works cover along Jalan Taman Putra for approximately 1.7 km.
The Contract Sum is Ringgit Malaysia Two Hundred Fifty Seven Million Six Hundred Eight Thousand Two Hundred Nine and Cent Two (RM257,608,209.02) only.
The contract duration is thirty (30) months, commencing on the Date for Possession of the Site on 29 August 2016.
None of the directors and/or major shareholders of the Company, or persons connected with them, has any interest, direct or indirect, in the above contract.
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....
lian998
464 posts
Posted by lian998 > 2016-06-15 23:26 | Report Abuse
http://www.stockhut.com.my/news/157936