Ageson Bhd's unit Ageson Net Sdn Bhd is exploring a partnership with Koperasi Belia Nasional Bhd (Kobena), in which Ageson Net will be appointed as an operator to manage the business operations of Kobena's 4,000 units of Internet-of-Things-equipped vending machines and retail refrigerators
parties target a revenue of about RM2.3bil per annum from the product sales from the machines, of which 5% or RM115mil will be attributed to Ageson Net for its services.
THE Center for Market Education (CME) in its analysis has highlighted the strengths and weaknesses of the election manifestos of Barisan Nasional and Pakatan Harapan.
It aims to understand if and how they would benefit Malaysia in terms of stable economic growth and international competitiveness.
Ageson added that the parties target a revenue of about RM2.3bil per annum from the product sales from the machines, of which 5% or RM115mil will be attributed to Ageson Net for its services.
Construction Industry Development Board (CIDB) CEO Datuk Ahmad ’Asri Abdul Hamid concurs, noting that ongoing projects that were awarded before the pandemic are especially affected, as the projects are priced lower, with no allowance for price increases, owing to the hike in building material prices.
“This resulted in the contractors having their profits reduced or, in some cases, suffering losses. Despite this, the contractors still have to continue executing the projects until completion,” he says in an email response to questions from The Edge.
“As for new contracts, contractors can manage by pricing in the current material prices and quoting prices, with sufficient margins, to cover unexpected costs, including unforeseen increases in material prices.”
While contractors from both the public and private sectors are affected by the increase in material prices, the VOP clause was reintroduced for government contracts on July 15, 2021, to mitigate the impact of material price increases.
Keep dreaming about construction recovery. With high interest rate and inflation, stagnant salary and high unemployment, how the hell will it recover. Wonder how many SME loans are unpaid. We will know when a NEW government is formed. The skeleton in the cupboard will drop out.
Building information modeling (BIM) is one of the more promising developments in the architecture, engineering, and construction fields.
It is changing the way contractors and engineers do business, but its application is still relatively new and there is much to learn.
One way to learn is from observing how other businesses are using BIM and their trials and tribulations along the way. BIM was introduced over a decade ago mainly to distinguish the information-rich architectural 3D modeling from the traditional 2D drawing.
It is being acclaimed by its advocates as a lifesaver for complicated projects because of its ability to correct errors early in the design stage and accurately schedule construction.
Although over recent years, the term “building information modeling” or “BIM” has gained widespread popularity, it has failed to gain a consistent definition.
According to Patrick Suermann, PE, a National Building Information Model Standard (NBIMS) testing team leader, “BIM is the virtual representation of the physical and functional characteristics of a facility from inception onward. As such, it serves as a shared information repository for collaboration throughout a facility's life cycle.”
The National Institute of Building Sciences (NIBS) sees it as “a digital representation of physical and functional characteristics of a facility…and a shared knowledge resource for information about a facility forming a reliable basis for decisions during its life cycle, defined as existing from earliest conception to demolition.”
But generally speaking, BIM technology allows an accurate virtual model of a building to be constructed digitally. Completed computer-generated models contain accurate and well-defined geometry and pertinent data required to facilitate the construction, fabrication, and procurement activities necessary to realize the final building.
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....
SengGor1011
219 posts
Posted by SengGor1011 > 2022-11-09 16:16 | Report Abuse
collect at 0.23-0.245, ages will rebound just like history happened again