Posted by Striker90 > 2020-09-19 17:38 | Report Abuse

Unless BM terus award EKO few B project next week then RM1 can reach

Posted by khatulistiwa1234 > 2020-09-19 17:46 | Report Abuse

Hiding hot spicy news will continue heading , such your possible blur blur , but GLOBAL external off shore already know it , coz pay the spy firm money , road to harvest farm , is silk road , road to federal high way , HEAVEN TRIPS .

Posted by khatulistiwa1234 > 2020-09-19 17:50 | Report Abuse

i not to wash your brain , volume 300 - 400 million chips , which all trace is solid group off external off shore buying , proof the evidence , it is not the fake news , wolf is really come , some more we are going to dancing with wolf , wind cloud recovery , price will surge dragon tiger fight phenomena , war fight to achieve the image of REAL GENUINE ROYALTY TITLE , UNITED KINGDOM QUEEN PRINCE endorsement , benchmark approval .

Posted by khatulistiwa1234 > 2020-09-19 17:52 | Report Abuse

1.00 not a JOKE , not a fake figure , is a LOYALTY ELEMENTARY PRICING .

Posted by khatulistiwa1234 > 2020-09-19 17:55 | Report Abuse

DOUBLE CURRENT , not a big due , future , TEN TIME DOUBLE , more that TRIPLE , predicted , i not to clamorous the things , break out , all is genuine , data and contents will tell .
19/09/2020 5:54 PM

Posted by khatulistiwa1234 > 2020-09-19 17:58 | Report Abuse

Top glove can making , EKOVEST will do , even higher aim for it .

Posted by khatulistiwa1234 > 2020-09-19 18:00 | Report Abuse

After all , country brilliant , Construction arm is first privilege , not manufacturing sector , proof data on previous big crisis .

Posted by khatulistiwa1234 > 2020-09-19 18:03 | Report Abuse

Migrate back to usual invest purposes , we look for profit , nothing else to challenged , we draw for the CHAMPION PIECES , EKOVEST MASTER PIECES , WE LOADED .

Posted by khatulistiwa1234 > 2020-09-19 18:13 | Report Abuse

Shy , eat yourself , want TIPS , contact me , direct HOT LINE , through wechat group , tik tok or whatsapp , all i entertain , your money earn is my responsibity .

Posted by khatulistiwa1234 > 2020-09-19 18:14 | Report Abuse

Washing machine function , i will bleaching for all .

Posted by khatulistiwa1234 > 2020-09-19 18:15 | Report Abuse

Commercial hour , ten dollar per TIPS .

Posted by khatulistiwa1234 > 2020-09-19 18:15 | Report Abuse

Cheaper that TAN SOON HENG .

Posted by khatulistiwa1234 > 2020-09-19 18:26 | Report Abuse

Lunacy to inform , idiot job , but effective and just efficient to gap up to next entrant door level high , people stoop eye , see the huge up trend , ground floor to high floor , exception the chase queue , safe achieve the TOP FLOOR ground .

Posted by khatulistiwa1234 > 2020-09-19 18:28 | Report Abuse

Steering man coward nostril .

Posted by khatulistiwa1234 > 2020-09-19 18:32 | Report Abuse

Don't believe , people all time say , KHAT say UP , it sure down , he say DOWN , it sure UP climate , HOPELESS , it not eligible here , otherwise , MONDAY BIG PLUNGED OCCUPY WHOLE DAY .

Posted by khatulistiwa1234 > 2020-09-19 18:34 | Report Abuse

Sincere speak , i even HOPE , crashed on MONDAY , my 30 million RM can queue for lower bottom , make another round up .

Posted by khatulistiwa1234 > 2020-09-19 18:34 | Report Abuse

GOOD LUCK ALL BUDDY .

Posted by Investsucess Trader > 2020-09-19 18:51 | Report Abuse

Sohai came to post Bangla story?

Posted by khatulistiwa1234 > 2020-09-19 19:09 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-09-19 19:12 | Report Abuse

In general , we focused on companies that we believe are able to deliver reasonable returns to shareholder and those with businesses that can easily understood , BM frame work , the most easy acceptable to all , don't think , HUGE ROYALTY IMAGE , REGION FAMOUS , GOOD OUTCOME , allocate right return on profit margin .

Posted by khatulistiwa1234 > 2020-09-19 19:15 | Report Abuse

stock picking on the years , EKOVEST seat number two , can say TOP ONE all time empty , iron fitted .

Posted by SJSOON > 2020-09-19 19:26 | Report Abuse

Khatu: can you please stop acting like a clown？ nonsense. Don’t know what 7 you say.

Posted by Ron90 > 2020-09-19 19:29 | Report Abuse

what type of language is this?..goggle translate from china still not that bad must be from mongol or nepal i guess.. must be trap big time at the top.. serious posting to convinve ppl....huhu

Posted by khatulistiwa1234 > 2020-09-19 19:39 | Report Abuse

Sabotage start , subjugate me , mean they are useless even damn , mind damaged fellow ron90 , time powder off , RIPS GONE .

Posted by khatulistiwa1234 > 2020-09-19 19:42 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-09-19 19:43 | Report Abuse

EASY to describe him , son of bitch .

Posted by khatulistiwa1234 > 2020-09-19 19:47 | Report Abuse

if i am a CLOWN , you are a COMEDY FANCY , GOD CREATE YOUR FOR ME TO PRESENT MY HAPPINESS .

Posted by khatulistiwa1234 > 2020-09-19 19:49 | Report Abuse

Brainwash .

Posted by khatulistiwa1234 > 2020-09-19 20:00 | Report Abuse

Tycoon shares vision for region’s largest city development: Construction tycoon Tan Sri Lim Kang Hoo (pic) holds 63% in IWH through his private vehicle Credence Resources Sdn Bhd.

AFTER three years of vacillating on mega projects from the very top in Putrajaya, the construction industry can now breathe a sigh of relief.

Industry players can finally catch a break, and the largest one at that, with the first phase of Bandar Malaysia slated to kick off early next year.

Those in the business have gone through quite a turbulent period in recent years due to the changes in administrations that led to differing stances on mega projects and infrastructures and this is made worse when the coronavirus disease (Covid-19) hit early this year.

The pandemic grinded them to a halt for close to two months when the government implemented the movement control order (MCO) in March and even as construction activities were allowed to resume in May, they have yet to reach pre-pandemic levels. In fact, Master Builders Association Malaysia says the construction industry has lost RM11.6bil each month since the MCO began in March.

On the whole, Malaysia’s economy, like many other countries, has taken a beating due to Covid-19 and it takes tremendous effort to get the economy going again.

In Malaysia’s case, there is no bigger project right now than Bandar Malaysia and that is one of the government’s many answers to kick starting the economy.

LIM EMPEROR LATCHS ON BANDAR MALYSIA >

Posted by khatulistiwa1234 > 2020-09-19 20:02 | Report Abuse

MY ENGLAND POWDER < ORE RECOGNIZE , rewarded , distinction grade .

Posted by khatulistiwa1234 > 2020-09-19 20:03 | Report Abuse

Any prejudice , can ask EXAM BOARD , disqualify my result .

Posted by khatulistiwa1234 > 2020-09-19 20:04 | Report Abuse

Possible your need to seat through , FAIL ON YOU , not mine .

Posted by khatulistiwa1234 > 2020-09-19 20:05 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-09-19 20:07 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-09-19 20:13 | Report Abuse

FIGHT me , equal flame yourself , burn off is finally .

Posted by khatulistiwa1234 > 2020-09-19 20:14 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-09-19 20:15 | Report Abuse

It will be a mixed-use, transit-oriented development (TOD) with a gross development value of RM140bil and the government is optimistic about the multiplier economic effects that the mega project will bring.

Bandar Malaysia will sit on a land area of 194.5ha, located at the site of the former Royal Malaysian Air Force base in Sungai Besi, making it the single largest city development project in South-East Asia.

IWH-CREC Sdn Bhd, the master developer of the project, will begin the development for 20.23ha of the first phase early next year, which it intends to complete within a four-year time frame.

It is an aggressive target for that land size. Kuala Lumpur Sentral, which houses Malaysia’s largest transit hub Stesen Sentral, is spread over 29.14ha of land and that took some 20 years to complete.

This presents a lot of contracting opportunities and as far as IWH-CREC is concerned, it already has a list of multinational companies (MNCs) and developers, both local and foreign, who have expressed their interest.

The entire Bandar Malaysia is expected to be developed over 20 years, phase by phase.

IWH-CREC is a joint venture (JV) between Iskandar Waterfront Holdings Sdn Bhd (IWH) and China’s state-owned enterprise China Railway Engineering Corp (CREC).

IWH holds a 60% stake while the remaining 40% is owned by CREC but they both equally share 50:50 in economic benefits.

Posted by khatulistiwa1234 > 2020-09-19 20:16 | Report Abuse

Construction tycoon Tan Sri Lim Kang Hoo holds 63% in IWH through his private vehicle Credence Resources Sdn Bhd.

The Johor government also has an interest through Kumpulan Prasarana Rakyat Johor Sdn Bhd, which owns 37% of IWH.

Contractual obligations

IWH-CREC holds 60% in Bandar Malaysia Sdn Bhd while the government holds the other 40% through Ministry of Finance Incorporated’s (MOF Inc) wholly-owned subsidiary TRX City Sdn Bhd.

The JV outfit had just settled its initial contractual obligations on Tuesday totalling RM1.24bil comprising a 10% deposit and an RM500mil advancement to TRX City, paving way for the mega project to start.

IWH-CREC tendered for the project at RM12.35bil, of which its 60% stake amounts to RM7.41bil.

Subsequent to the initial payments, it has two more staged payments of RM960mil each to the government and the balance will be settled via two bank guarantees over three years, which will be charged on IWH’s land.

Following the fulfillment of the initial commitment, IWH-CREC will soon begin inviting qualified local and foreign investors, developers, consultants and contractors to submit their proposals to participate in Bandar Malaysia.

The project will see strong opportunities for bumiputra and Malaysian companies while the use of Malaysian construction materials, technologies and local talents will be prioritised.

Shaping the future of Kuala Lumpur

The Kuala Lumpur City Centre is viewed from an oil and gas hub perspective while the Tun Razak Exchange (TRX) is set to be an international financial centre.

What Bandar Malaysia aspires to be is one of the most advanced urban cities housing the best of everything, from business and transportation to urban lifestyle, cultural heritage, education and medical. There will also be a data processing centre.

“This will be an MNC centre where we attract the Fortune 500 companies and the top 100 financial institutions.

“Everything will be intelligent in this purpose-built city. That will be important for us to compete among the regional countries. Everything must be high tech and we will also incorporate artificial intelligence to make the city different, ” Lim tells StarBizWeek in an interview.

Lim’s vision is that this will further increase high-income employment opportunities and alleviate the brain-drain in Malaysia.

Post-Covid, Malaysia will not be the only country scrambling to attract foreign investors in their economic recovery plans.

While Bandar Malaysia may offer the best modern city for businesses and corporations, an important element is the tailor-made incentives to attract the foreign direct investments.

Lim says that with the public-private partnership model with CREC and the Finance Ministry and its experience through Iskandar, it is something achievable, but it needs time.

He adds that they have also requested for a one-stop centre to include the Malaysian Investment Development Authority and the International Trade and Industry Ministry for the negotiations with the global corporations when it comes to the tailor-made incentives, which will differ among industries.

Meanwhile, the underground city element of Bandar Malaysia will still go ahead as planned, expected to be the world’s largest.

This leads to the next interesting question. Sungai Besi is historically a mining town and the site that Bandar Malaysia will be built on sits on tin reserves that is said to be the largest in the world.

Will Lim do anything to extract that pot of gold he is sitting on?

Ekovest’s involvement in Bandar Malaysia

Being the executive chairman of Ekovest Malaysia, Lim is mustering all he has to bring Ekovest into the Bandar Malaysia picture but of course, the final say ends with the shareholders.

He is attempting a corporate exercise which will allow Ekovest to acquire 40% of IWH’s equity interest in IWH-CREC.

This is said to be valued at around RM1.5bil.

“Ekovest will own about 20% in the JV company. Basically it’s like a strategic partner.

“For Ekovest to participate in this, Ekovest will not have to worry about Bandar Malaysia moving forward.

“We will have the opportunity to participate in the infrastructure and building, which is Ekovest’s forte and business.

“I will pull in Ekovest to be fair to the shareholders. With such a big project (and Ekovest) doesn’t participate?” Lim quips.

Industry observers have been anticipating either Iskandar Waterfront City Bhd (IWC), of which IWH holds 38%, or Ekovest will have to go in because such a mega development has a long gestation period.

And as far as cash flow is concerned, it is not the forte of IWH although it is well endowed with assets.

The market has been seeing Ekovest as dwindling in terms of order book. Therefore, by having a direct investment in Bandar Malaysia, this would be replenishing around 20 to 30 years of order book for the group.

Ekovest is much better in terms of cash flow.

“IWH is a master developer. It will be like Singapore’s Urban Redevelopment Au

Posted by khatulistiwa1234 > 2020-09-19 20:17 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-09-19 20:17 | Report Abuse

All detail above , enough for me to beg for 1.00 RM TICKET PRICE , don't think so .

Posted by SJSOON > 2020-09-19 20:26 | Report Abuse

Khatu: all these are openly accessed information. Everyone know mother is a female and father is a male. You just share for nothing.

Posted by khatulistiwa1234 > 2020-09-19 20:27 | Report Abuse

I volunteer accept critic , if still got cunning , barbarian , low class fellow , i stand facing .

Posted by khatulistiwa1234 > 2020-09-19 20:28 | Report Abuse

Knock me , if you there to condemn me .

Posted by khatulistiwa1234 > 2020-09-19 20:32 | Report Abuse

Let assume that you all know , but what your know , the hiding news behind , i break out now , i am a WHALES , wanted to cheat your , MONDAY , i will slaughtering your nicely .

Posted by khatulistiwa1234 > 2020-09-19 20:33 | Report Abuse

Thriller Monday pending , since you all know my motive .

Posted by khatulistiwa1234 > 2020-09-19 20:34 | Report Abuse

DOWN to bottom , plunged i monitor .BYE , night mare to all , possible excited your listen me now .

Posted by khatulistiwa1234 > 2020-09-19 20:35 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-09-19 20:36 | Report Abuse

I group with botak to cheat your .

Posted by khatulistiwa1234 > 2020-09-19 20:37 | Report Abuse

EARN BACK my deposit sharing .......bad time now , stolen in day time is more fast RICHEST .

Posted by khatulistiwa1234 > 2020-09-19 20:38 | Report Abuse

GOD IS ME < GHOST ALSO ME .