Gadang works happy with TRX City for the existing TRX project. It may create the potential job award for the revival of Bandar Malaysia. 2 years ago, there's TRX City issued a statement for the dimissal of IWH-CREC share sale agreement, not from MOF or government.
@GemSeekers I am thinking the same. Should not Gadang benefits more from this JV with DWL with 70% holding? But again their earning will need to keep up with the stock price.
DWL limit up mostly because of this new development(.Datuk Seri Aminul Islam Abdul Nor (the owner of Bestinet Sdn Bhd, the concessionaire that manages the foreign worker centralised management system) as its largest shareholder after acquiring 59.65 million shares or a 30% stake in the group on April 12.) Fortunately, Gadang tie up with them for ECRL job bid but the main reason of DWL shooting up is because of foreign work permit system granted by government
Gadang Engineering will have a 70% stake in the consortium, with Million Rich having the remaining 30%.
Sources said the consortium stands a good chance of getting a slice of the pie of the ECRL project.
“The consortium is close to getting the infrastructure works (contract) for the ECRL project valued at about RM5 billion,” one source told The Edge Financial Daily, adding that an announcement is likely to be made as early as this week.
Previous famous infra structure consortium form between Gamuda-MMC and now we have new comer Pre-bid consortium form between DWI (30%) - Gadang (70%) for infrastructure works.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 357 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11692 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Ho Sook Ching
129 posts
Posted by Ho Sook Ching > 2019-04-20 13:29 | Report Abuse
Monday gadang should fly with iwcity and ekovest