Prospects are good...think of the steps taken ie JV consortium, new MRT ceo, foreign work permit boss as new shareholder etc...etc... + gadang is a well run profitable co.
Why worry when former Mass Rapid Transit Corp Sdn Bhd (MRT Corp) chief executive officer (CEO) Datuk Seri Shahril Mokhtar as its new managing director for DWL. Dont you think the new consortium stand way higher chance to grab a piece of the ECRL now. Buy before its too late. This is a fact not a speculation without fundamental
Why gadang up so much today.they also haven't pass the tender form before.so they come out this annoucement also nothing to use.maybe after few day.they will tender again.whose know.
Tomorrow drop by this statement: KUALA LUMPUR (April 22): Gadang Holdings Bhd clarified today that it has not submitted any official tender for the East Coast Rail Link (ECRL) project at this juncture.
In a filing with Bursa Malaysia today, Gadang reiterated that its wholly-owned subsidiary Gadang Engineering (M) Sdn Bhd had on April 18 entered into a pre-bid consortium agreement with DWL Resources Bhd's wholly-owned subsidiary Million Rich Development Sdn Bhd, to work with each other to bid for infrastructure projects.
If successful, the consortium will jointly undertake a contract for such infrastructure works.
Lol.. does not submit official tender doesn't mean not bid. It is just because BM just reiterated & maybe their tender still in review for competitiveness.
ECRL project will be share between, almost all big players in Malaysia, gamuda, mrcb, gadang, gkent..sure got some piece of it. That's Tun M style. this way, many people got money, work, etc..
CURRENT PROJECTS COMPLETED PROJECTS CERTIFICATION & AWARDS
Tun Razak Exchange, Package C6 – Public Realm Work Location: Kuala Lumpur
Description:
Contract 6A – Proposed Construction and Completion of Public Realm (Phase 1) at Tun Razak Exchange (TRX) based on consultant designed and the works to be completed within the sectional completion dates and areas as stipulated in Volume 1 Section 4.3 Sectional Completion.
Tun Razak Exchange, Package C3 Location: Kuala Lumpur
Description:
The Execution and Completion of Works for Cadangan Penyuraian Trafik dan Kerja-Kerja Menaiktaraf Jalan Tun Razak dari Jalan Langgak Golf ke Bulatan Kampung Pandan, Kuala Lumpur (Package 2) untuk Tetuan TRX City Sdn. Bhd.
Petronas Rapid Project, Package 14-0301 Location: Pengerang, Johor Darul Takzim
Description:
Utilities, Interconnecting, Offsite (UIO) Facilities: Procurement, Construction and Commissioning (PCC) of Civil & Infrastructure Works at Interconnecting Sleepers and Utilities Area 2.
Petronas Rapid Project, Package 14-0402 Location: Pengerang, Johor Darul Takzim
Description:
Utilities, Interconnecting, Offsite (UIO) Facilities: Procurement, Construction and Commissioning (PCC) of Civil & Infrastructure Works at Storm Water East Area.
Cyberjaya Hospital Location: Cyberjaya, Selangor Darul Ehsan
Description:
Proposed Development of Cyberjaya Hospital (288 Beds) on Lot 47686 And H.S.(D), 28779 PT No. 41461 at Persiaran Multimedia, Cyber 11, Cyberjaya, Mukim Dengkil, Daerah Sepang, Selangor Darul Ehsan.
KVMRT, Package V206 Serdang Raya – UPM Location: Serdang Raya – UPM, Selangor Darul Ehsan.
Description:
Construction and Completion of Viaduct Guildeway and Other Associated Works from Serdang Raya Station to University Putra Malaysia (UPM) Station.
I was scrambling into the website of Bursa and found no latest QR but only the statement of certain JV. It was very encouraging when the price was moving across RM0.90 and until RM0.96 within the same minute. It did quickly reverse back to below RM0.90 in minutes. Managed to earn some before the closing.
Among the three, gadang most stable one over Ekovest and IWCity but so is Gkent and we all know what happen to good fundamental companies when bad news goes out.
Immediately add now, it will go all the way back up, wait and watch, don't panic
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Posted by T800Terminator > 2019-04-22 19:39 | Report Abuse
Gone case. Warrant become toilet paper.