Posted by pretty > 2016-04-04 22:00 | Report Abuse

The market may pre-act also. Owg may rocket any time

Posted by cheshirecat > 2016-04-04 23:18 | Report Abuse

Hooray! I hv adding on owg i believe in the potential of earning cash cow growth in coming soon june/july the opening of The Top@Komtar

Posted by king7 > 2016-04-05 11:03 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/04/05/higher-visitor-arrivals/
Genting Malaysia sees 50% rise in visitors to Genting Highlands... 30mil ...

Posted by robert168 > 2016-04-05 19:49 | Report Abuse

Bravo research... Owg-ian.. Just wait for it to explode soon..

Holding power rocks

Posted by cheshirecat > 2016-04-06 00:19 | Report Abuse

We cross our fingers to wait. Hooray !!!!

Posted by bsngpg > 2016-04-08 13:39 | Report Abuse

Hello OMG, i am with you.

Posted by wei8 > 2016-04-08 16:24 | Report Abuse

Drop so much?

Posted by Lukesharewalker > 2016-04-08 17:15 | Report Abuse

Don't think the coming Q results is good..

Posted by martinbartesque > 2016-04-08 21:59 | Report Abuse

If it breaks below 2.33, then really can go to Holland.

Posted by robert168 > 2016-04-09 11:34 | Report Abuse

Joke.. Based on this few days movement then judge coming q results not good.. If do not know anything just don't manipulate

Posted by wei8 > 2016-04-11 09:49 | Report Abuse

Seems like dying ..

Posted by Johny Khong > 2016-04-11 10:34 | Report Abuse

Not really... waiting for d starting gunshot to take-off.

Posted by robert168 > 2016-04-12 20:26 | Report Abuse

(槟城12日讯）见证光大的华丽转身！

光大低调地“动大手术”，从原本65楼增至68楼。究竟这项超有挑战性的光大工程，是如何在不影响现有光大结构、而且在还有人办公、多个复杂因素环境下“高空建楼”，艰巨地完成任务？

此外，光大的“内身”布置充满神秘，至今从未曾公开内部装置，《光华日报》在槟州发展机构Urus Setia带领下，独家授权走入工地，率先揭开这工程的神秘面纱，与读者一同见证未来光大的发展史，让大家可以一探未来世界的光大，如何“华丽转身”！

位于水平线的光大已魅力十足，这次《光华日报》以无人机拍摄，空前让大家俯瞰光大顶楼工程，以及乔治市。这次本报用无人机拍摄不仅看到乔治市的美，而且还能看到光大顶端，收藏值绝对翻倍。
位于水平线的光大已魅力十足，这次《光华日报》以无人机拍摄，空前让大家俯瞰光大顶楼工程，以及乔治市。这次本报用无人机拍摄不仅看到乔治市的美，而且还能看到光大顶端，收藏值绝对翻倍。

耗资4000万令吉的光大复兴计划如火如荼地进行，从5楼处至68楼顶楼都大兴木土，已建好的光大顶楼，在未来将会是一座富娱乐性，旅游的最新亮点。

光大于1985年建竣，从风光走到没落，曾是槟城人的骄傲，也是心中的痛。尽管如此，光大至今仍是槟州政府行政中心，槟州首长林冠英办公的地方。

此复兴工程主要是在5楼、65至68楼顶楼。5楼工程几乎是打造全新元素，比如宴会厅、恐龙探索中心、7D天文馆及5D海洋世界探索等，更备有引人注目的迎宾LED天花板。5楼设有中央舞台，舞台后方即是从5楼至升顶楼处的观景升降梯，以后可以从这里搭乘升降机直达顶楼处。

光大顶楼增建的楼层包括室内俱乐部；而顶楼将作为空中酒吧及天空走道，打造出全槟最高餐厅及东南亚首个天空走道，是槟城最新的景点。



安全,永远是最首要的考量

巨大的“高空建楼”工程，具有一定的挑战性，而最大的考量是安全至上，无论工程怎样的进展，承包商及建筑师最关心的是光大地面周围环境的安全度。安全就是最主要的考量，整个承包工程将所有的考量都先放在“安全第一”。

光大位于市中心，周围都是繁忙要道，所以工程不可出现疏忽或意外，因此采用了来自西班牙的安全网，工人也规定只能在6楼进出，确保工人不会跑到其他楼层。

要在65楼增建3层楼，工程师必须多次透过检查及测试，光大原有结构的柱子所能承担的重量，再设计增建3层楼结构的重量，确保原有柱子能够承担额外增建结构的重量。


值得一提的是，68楼顶楼工程的所有结构都是以组装方式进行，额外增建的楼层结构都是钢铁完成，因为钢铁比水泥结构来得更轻，这也是专业工程师的考量点之一。

由于顶楼空间有限，所以置放起重机空间也受局限，因此无论是在顶楼或地面的建筑材料置放处的地点必须吻合，才能让工程顺利进行。此外，顶楼工程必须与观景升降机同步进行及结束，避免两项工程进度脱钩。

此外，起重机每次可以承载2.5吨重量，但是为了确保安全，且风速影响，每次规定只能承载少过2吨的重量。

光大复兴工程从201４年6月开始动工，这工程由Only World Group负责，承包商是Alam Langkawi；前者以打造主题公园闻名的上市挂牌公司；后者来头也不小，浮罗交怡天空之桥（Skybridge）是该公司杰作，升旗山最新一代的缆车也是其公司获奖工程之一。
•光大设计



通过理科大学土木工程系，以模拟测试来计算出光大顶楼所面对及承担的风速。在结束模拟测试后，选择该大厦所能承担最高风速的数据，来设计这3层楼的结构，因此，顶楼结构是符合标准，以及能承担这区域的风速。

在30年前，光大设计是能面对一定的地面震动。此外，大马没有处于地震主要板块上，一直以来都是面对来自其他地震板块震动而导致的余震，所以能承受一定程度的震动。由于我国一直以来都是面对来自其他地区的余震，不过，光大能承担一定程度的震动。
•光大结构


光大的概念图中显示，外环有12根柱子，内部中圈再有12个柱子，最内环则是升降梯系统。此外，原来光大内外共以24支柱子支撑，中间则是升降梯系统。
•剖析工程



这就是光大顶楼工程初步的设计概念图。现在再增设3层楼，之后的光大拥有808英尺高。

这3层阁楼是从65楼的顶楼筑起，第66楼及第67楼高度各是6公尺，顶端的空中酒吧阁楼则有5公尺高，所以总共增加17公尺。

承包商需搬迁及重新安顿电缆、消防端口、电房等设备，前后花了6个月时间处理才能动工。
•观景台升降机

这是新增设的升降机！

“华丽转身”后的光大，民众从外观看到的，就是新增设的升降机。共有3个升降机，其中两台升降机是直接从5楼处直升65楼至67楼，而另外一台升降机则是从59楼处直升68楼顶楼。
•起重机载货


由于顶楼空间有限，所以起重机只能在固定位置提起建筑材料，而且限制不可以超过2吨，即使该起重机能承担超过2.5吨的重量。

另外，使用起重机吊起任何建筑材料，必须与光大建筑物保持一定的距离，因为需确保在半空的建筑材料不会因风速而击破光大任何角落的玻璃镜。

起重机不准360度旋转吊起建筑材料，因此承包商及工程师必须合作在有限空间中，规定置放建筑材料处，并且能与顶楼工程置放起重机地段接轨。
•光大高空走道

这个就是东南亚首个“高空走道”。

光大68顶楼不仅是新卖点，那边更有东南亚首个“高空走道”（Sky walk）。

这道全场5.5公尺的“高空走道”绝对能让你欣赏乔治市美景，尤其是夕阳西下的遍地黄金醉人景色。这高空走道玻璃与美国大峡谷高空步道材质一样，共3层玻璃厚，可以同时承受至少16个人的重量，安全性非常高。

令人期待的“高空走道”是面向升旗山方向，一踏上去乔治市就踩在脚下，绝对是乔治市未来最夯的地标景点。
•安全措施

光大位于市中心，周围都是繁忙要道，所以工程不可出现疏忽或意外，因此采用了来自西班牙的安全网，工人也规定只能在6楼进出，确保工人不会跑到其他楼层。

承包商使用来自西班牙的保护网，此是测试照片。

在高楼动工，最怕是工具、建筑废料或意想不到的物件从高空坠下，一旦发生意外，一切都功亏一篑，更何况是在大家抬头可看到的光大。

为了避免物品从高空坠下，承包商使用三层保护网围绕着顶楼工程处，确保不会出现任何意外事故。对方所使用的保护网比一般保护网更坚固及昂贵，旨在要把意外降得最低。
•5楼也翻新

光大复兴计划不仅限于顶楼处，5楼也大翻新。

随着一系列光大复兴工程进行，光大从5楼也进行多项工程，除了已经开放使用宴会厅，还有很多新元素，逐步恢复光大昔日的光辉。
•光大复兴工程 幕后三大功臣

罗马不是一天建起，需要的不仅是时间，最主要的是彼此之间的合作。在光大复兴计划中，最不可缺的就是这3名功臣，他们分别是：Alam Langkawi董事孙荣来、ARUP代表余嘉宏博士及钢铁结构专家查理斯（Charles Solomon Barker）。

孙荣来曾说，光大复兴工程之所以能顺利进行，靠的并不是什么秘诀，而是彼此的合作及信任。

这3位专家看似个体，其实他们需要彼此互相合作，才能完成再让光大重拾光辉的工程。承包商需要工程师的设计，工程师也需要与承包商商讨如何把设计图变成工程。同时，承包商及工程师更不可缺钢铁结构专家的意见，因为他最了解钢铁，知道如何把坚硬的钢铁变成各种不同的结构。

由此可见，他们彼此的关系非常密切，可说是唇齿相依，缺一不可。
•Alam Langkawi 董事孙荣来

16

扮演角色 | 承包商，完成工程师所设计的工程

负责工作 | 完成工程师的设计，并且跟工程师协商，如何让一个工程能顺利完成。

这项工程非常压力，因为光大是位于市中心，处于交通要道，更是州政府行政中心，里面上千名公务员上班，所以工程必须非常谨慎，绝对不可以发生任何意外事故，否则一切的准备及计划就会毁于一旦。
•ARUP代表 余嘉宏博士


扮演角色 | 工程师，设计光大复兴计划的工程负责工作

负责工作 | 做出初步的设计，并且与承包商及钢铁结构专家商量，如何让原本钢铁结构更坚固并善用空间。

在旧建筑物上动工，比建起一座新建筑物挑战度更高。ARUP之前曾经参与光大建设，所以我们拥有当年的建筑图，但是要在一座30年的建筑物上动工真的很挑战。我们既不可破坏原有结构，不可影响建筑物内的上班族，但是又必须替光大注入新生命，所以一切都必须经过精准的计算。这工程可说是我的成就之一。
•钢铁结构专家查理斯（Charles Solomon Barker）


扮演角色 | 提议及研究所使用的钢铁

负责工作 | 向承包商及工程师建议如何善用钢铁，向工程师提议如何衔接及设计钢铁，并且确保工程师的设计可行。

为了确保工程顺利进行，我们在每个环节都必须非常小心。比如，起重机一次能承担2.5吨的重量，不过为了提高安全度，我们只允许承载重量必须少于2吨重量，以防万一。另外，顶楼空间不足，置放起重机空间也受限，所以必须像组装乐高般，先卸载起重机到顶楼后再组装。

Posted by robert168 > 2016-04-12 20:26 | Report Abuse

http://www.kwongwah.com.my/?p=123776

Posted by Johny Khong > 2016-04-12 22:16 | Report Abuse

@robert168, any interesting development concerning d Komtar project fr yr shared article pls?

Posted by salman > 2016-04-13 10:45 | Report Abuse

any new development on OWG?

Posted by robert168 > 2016-04-13 15:21 | Report Abuse

level 5 completed the renovation and there is "Skybridge". now waiting for level 65 to 68. the civil structure is design by using beam, overall is well progress.

holding power rocks !!!

Posted by Alex Chan > 2016-04-13 16:22 | Report Abuse

Coming QR must suck.....
See ya at 1.80

Posted by robert168 > 2016-04-13 16:34 | Report Abuse

hahaha.. don't try to be joker !!! can collect yours at that price.. thanks !!!

Posted by Johny Khong > 2016-04-13 17:00 | Report Abuse

@Alex Chan, do u know how much d strategic investors paid for OWG's share placement exercise recently???

Posted by Johny Khong > 2016-04-13 17:02 | Report Abuse

@robert168, thks for d progress updates.

Posted by robert168 > 2016-04-13 20:07 | Report Abuse

Again.. Another day of promotion at kwang hua newspaper.. Skywalk !! First ever at South East asia

Posted by cheshirecat > 2016-04-13 22:07 | Report Abuse

Checking technically, owg is in consolidation mood now. Im still accumulating low price. B4, i hv trade for 2 times. OWG we can trade n go for medium term outlook to see gaining valuation.

Posted by robert168 > 2016-04-13 22:47 | Report Abuse

Why so worried about it? Have faith on your choice. so owg is doing good.. once complete komtar, century theme park is waiting for us..

Or else want to sell me at low price. I don't mind.. haha

Posted by king7 > 2016-04-14 11:01 | Report Abuse

Youngster very keen to visit komtar Skywalk..... Response from Facebook , posted by Kwang Hwa Yit Poh.

Posted by robert168 > 2016-04-14 14:12 | Report Abuse

SHAH ALAM (April 14): Only World Group Holdings Bhd (OWG) has signed a memorandum of understanding (MoU) with the owner of Grand Imperial Restaurant to operate the luxury Chinese cuisine restaurant and banquet hall services at Komtar Tower, Penang.

OWG chairman and group chief executive officer Datuk Seri Richard CK Koh said the restaurant is aiming for the grand opening to be on June 21. A special purpose vehicle (SPV) that is 70%-owned by OWG with the rest held by Glamour Mission Sdn Bhd, the owner of Grand Imperial trademark, will invest RM5 million into this venture, and gives a conservative target of three to four years to break even.

"Why Grand Imperial? That's a good question. There [are] not enough high quality Chinese restaurants in Penang, and there is a strong demand for it, to host events and weddings," he explained after signing the MoU. Representing Grand Imperial was managing director Rand Cheung.

"Grand Imperial provides great food and great service," Koh added.

A statement provided by OWG specified that the Grand Imperial Restaurant at Komtar Tower, Penang, has an estimated area of 11,000 sq ft that could sit 500 persons. The banquet hall's capacity meanwhile is double the restaurant's, at 1,000 persons.

Koh said the Penang outlet, also the first Grand Imperial Restaurant in the state, is going to be the only one launched by the OWG-owned SPV this year. He said the group is ruminating on opening one outlet in Genting Highlands next year, and one in Sunway City.

He said that the rebuilding of Komtar Tower, Penang, had a 90% completion rate, and is now looking to do the grand launching sometime by June.

Established in 2008, Grand Imperial Restaurant now has six outlets within the Klang Valley and one in London. It offers various culinary dishes of oriental origins, from Cantonese delicacies to Chinese dim sum, barbecue, Hong Kong noodles, and tangy fresh seafood.

Posted by ckchung > 2016-04-14 14:33 | Report Abuse

good things coming in...............

Posted by pretty > 2016-04-14 15:08 | Report Abuse

I love the quote`Komtar Tower, Penang, had 90% completion rate, and is now looking to do the grand launching sometime by June'.

Posted by robert168 > 2016-04-14 15:30 | Report Abuse

whoever nagging !! please sell to me... as low as possible.. want to accumulate more !!

Posted by pretty > 2016-04-14 16:36 | Report Abuse

Private placement trader selling?

Posted by 8wpwtmt8 > 2016-04-14 16:52 | Report Abuse

I think the quote`Komtar Tower, Penang, had 90% completion rate, and is now looking to do the grand launching sometime by June' makes traders sell because of delay (should be April).

Posted by 8wpwtmt8 > 2016-04-14 17:13 | Report Abuse

http://www.theedgemarkets.com/my/article/only-world-group-signs-mou-open-luxury-restaurant-grand-imperial-komtar

Posted by Johny Khong > 2016-04-14 17:17 | Report Abuse

@8wpwtmt8, I wish to clarify yr earlier statement. We understood earlier tht the grand launching wud b in July and not in April. The April deadline was meant for the soft launch. So, wat delay r u talking abt?

Posted by 8wpwtmt8 > 2016-04-14 17:36 | Report Abuse

CIMB: "We visited Komtar recently for a progress update on the state of launch-readiness. Our earlier expectation was for a launch in two phases – Dec 15 and Feb 16. It appears that this has now been changed to a single grand launch in Apr 16 so that the project becomes a single coherent destination where all attractions and destinations are ready."

Everyone expected April 2016 but nothing was on (not even a soft launch). Everything push to June/July 2016. And before that we have to go through a flat quarter results in May 2016.

Posted by Johny Khong > 2016-04-14 18:32 | Report Abuse

I hv waited long enuf for d Komtar prjt to be completed. Whether it w b in Apr, Jun or Jul, I w continue to wait for it till d end no matter wat happens. Thks for d recap, @8wpwtmt8

Posted by Johny Khong > 2016-04-14 18:36 | Report Abuse

Just hv to persevere for d remaining 10% of it.

Posted by robert168 > 2016-04-14 19:51 | Report Abuse

Not really flat quarter results.. Bear in mind, Owg still have other business which in operation..

Posted by 8wpwtmt8 > 2016-04-14 22:04 | Report Abuse

Not yet die. Now waiting for CIMB Research to come out with a positive report at the end of June 2016 and it will surge to above RM2.50. Try to buy back at RM2.22.

Posted by king7 > 2016-04-14 22:05 | Report Abuse

Feb 2016 reported full house in Komtar 59sixty.
https://www.tripadvisor.com/MobileViewPhoto-g298303-d8550334-i180720646-59_Sixty-George_Town_Penang_Island_Penang.html

Posted by robert168 > 2016-04-14 22:31 | Report Abuse

Let have some English class.. Seems like someone not even able to differentiate between soft launch and grand launch.

A soft launch is the release of a website, hotel, or other product or service to a limited audience. Soft-launching is a method for gathering data on a product's usage and acceptance in the marketplace, before making it generally available as a hard launch or grand opening.

Posted by robert168 > 2016-04-14 22:32 | Report Abuse

Another day of soft launch from kuang Wah newspaper.. 3rd day continuously

http://www.kwongwah.com.my/?p=124988

Posted by 8wpwtmt8 > 2016-04-14 22:55 | Report Abuse

Thanks Robert168 on the terminology of soft launch. Strange, why our CIMB is so quiet about it (3 consecutive days in Kwong Wah newspaper) until OWG drops from 2.35 to 2.29.

Posted by robert168 > 2016-04-14 23:01 | Report Abuse

What so worry about the price.. Look at the volume for pass few months.. Averaging is very low.. What I can say those people do not stay firm on their own choice..

Personally will keep it till genting grand opening.. I will forsee this century theme park will be the main catalyst for owg

Posted by cheshirecat > 2016-04-14 23:15 | Report Abuse

Thank q to u all guys keep us update on owg komtar soon to b completed development.

Posted by 8wpwtmt8 > 2016-04-14 23:18 | Report Abuse

I have emailed the link to Mr Marcus Chan (CIMB). I don't know whether he will respond or not? I personally is not Chinese educated and so I cannot follow what is published. Thanks anyway.

Posted by crystal168 > 2016-04-15 07:25 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5058737



1. INTRODUCTION



The Board of Directors of OWG (“Board”) wishes to announce that PPSB, a wholly-owned subsidiary of OWG, had on 14 April 2016 entered into a MOU with GMSB, for the purpose of the joint operation and management of a new restaurant under the brand name of “Grand Imperial” (“Brand Name”) (“Restaurant”) at KOMTAR Tower, Penang.





2. INFORMATION ON GMSB



GMSB (Company No. 825922-D) is incorporated in Malaysia under the Companies Act, 1965 on 18 July 2008 and its principal activity is the operation of restaurants, specialising in providing local cuisine and beverages.



GMSB is the registered owner of the brand name/trademark and logo of the Brand Name.





3. SALIENT TERMS OF THE MOU



The salient terms of the MOU are as follows:



(i)GMSB agrees in principle to give the right to PPSB to use the Brand Name to operate an approximately 11,000 square feet Restaurant at KOMTAR Tower, Penang.



(ii)GMSB and PPSB shall co-operate with each other to jointly operate and manage the Restaurant under the said Brand Name, upon terms to be mutually agreed upon.



(iii)GMSB may nominate its founders, key personnel and/or management company to advise and participate in the operations and management of the Restaurant.





4. RATIONALE OF THE MOU



The MOU has been entered into by PPSB and GMSB to formalise the intention of both parties in respect of the joint operation and management of the Restaurant.



PPSB and GMSB shall use their best endeavor to finalise the working arrangements within one (1) month from the date of the MOU.





5. FINANCIAL EFFECTS



The MOU is not expected to have any material effect on the earnings, net assets and gearing of OWG and its subsidiaries for the financial year ending 30 June 2016.





6. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST



None of the directors of OWG and/or major shareholders of the Company and/or persons connected to them are deemed interested in the MOU.





7. STATEMENT OF THE DIRECTORS



The Board, having considered the rationale and terms of the MOU, is of the opinion that the MOU is in the best interest of the Company





This announcement is dated 14 April 2016.

Posted by Johny Khong > 2016-04-15 10:59 | Report Abuse

We welcome positioning of a premium restaurant in the Komtar prjt ahead of its completion soon to tap d vast food market. For my relative's wedding held in Penang recently, the reception venue was booked a year in advance. This is a real situation on the Penang island currently. With 59Sixty Restaurant operational currently, its prospects are extremely very good given its fantastic location.

Posted by cheshirecat > 2016-04-15 11:22 | Report Abuse

Owg rebound 2.33 frm low 2.28. Chart is stil good!

Posted by cheshirecat > 2016-04-15 11:26 | Report Abuse

It shdnt breakdown below 2.22

Posted by king7 > 2016-04-15 15:54 | Report Abuse

http://www.orientaldaily.com.my/business/cj20-70owg1100
No need wait till next year....or genting .. 
35% PAT estimated 1 mil visitors ... 
TP RM 4...