KUALA LUMPUR: OCR Group Bhd's associate Landasan Surimas Sdn Bhd has entered a joint venture with the Pahang State Development Corporation (PKNP) to provide mechanical and civil work related to the East Coast Rail Link Project.
A joint venture company known as Taraf Raya Sdn Bhd will be 70% owned by Landasan Surimas with the remaining 30% held by PKNP.
However, the uncertainty on commencement date of a single project may affect the results of the Group. The bauxite mining operation has not resumed todate, however, the Group is exploring other mining opportunities.
However, the uncertainty on commencement date of a single project may affect the results of the Group. The bauxite mining operation has not resumed todate, however, the Group is exploring other mining opportunities
Wah don't want to subscribe the fund raising right issue up to RM 70 million when an EGM is approved and expected to be ex by last quarter of the year .
Buy or sell is people own decisions with their own research , own risk factors. why you worry as to the extend that do flag delete in Netx, WTK , Naim , Scomies.
In fact bauxite mining license is ready for applications with the new SOP since September 2019 , why still no license is issued? The new SOP is much stringent and more investment capital is needed
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Mikecyc
46,081 posts
Posted by Mikecyc > 2020-06-22 08:49 | Report Abuse
is WZSATU in the 3 companies which get Gebeng license to mining bauxite under new SOP trial for 6 months ???