EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

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Last Price

0.395

Today's Change

-0.005 (1.25%)

Day's Change

0.395 - 0.405

Trading Volume

2,356,300

Discussions
30 people like this. Showing 50 of 70,533 comments

EVO118

Lim Kang Hoo could take over RTS Link to Singapore.
https://www.theedgemarkets.com/article/lim-kang-hoo-could-take-over-rt...

2 months ago

newtrader1989

buy buy buy

2 months ago

miniminer

Ya...source said "It's a done deal" wor, tak nampak Ekovest up pun?? ......hehehe.............

https://www.msn.com/en-my/money/topstories/lim-kang-hoo-could-take-ove...

2 months ago

i3lurker

41.5 looks like breaking

2 months ago

i3lurker

sell on news mah

thats why price down loh

2 months ago

newtrader1989

Buy

2 months ago

RWG

hoo hoo hoo hoo hoo apa news pun tak ada

2 months ago

i3lurker

its invisible news
if you are not the right person you cannot hear the news or see the news.

2 months ago

i3lurker

if you did not see Elvis at Lorong Haji Taib
or see Martians at Putrajaya,
its confirmed you are not the right type of person to see or hear Ekovest news

2 months ago

newtrader1989

All innnnnnnnn

2 months ago

miniminer

Low construction revenue because of completion of DUKE3? and Resources are moving to RTS project? Kalau betul, mana itu announcement ya? So DUKE3 completed at prime traffics time and expect more revenue next Q? .........hehehe..................

2 months ago

looiting

WA2U and followers love this counter. Many kena trapped liou

1 month ago

Green_Berry

Applied for 2nd extension to completion - LLM @ Dec 23, 2022. Completion progress 92.47%, price action is anemic.
https://www.marc.com.my/index.php/marc-rating-announcements/1701-marc-...

1 month ago

Ron90

5u1tan best friend maa..

1 month ago

Jonathan Keung

Botak Lim talks big. But Ekovest always a laggard. Still waiting for Botak on the RTS link take over

1 month ago

EVO118

Wee: 'White knight' to take over the major contractor of JB-Singapore RTS Link.
https://www.theedgemarkets.com/article/wee-white-knight-take-over-majo...

“The board of Ekovest wishes to clarify that the company is currently in ongoing discussions with the relevant parties to explore a potential takeover of the RTS Link project.

"All negotiations are still ongoing and appropriate announcement will be formalised upon finalisation of the agreed terms and conditions,” its filing with the local operator showed.

Notably, Lim has a 30.8% stake in Ekovest.

1 month ago

Ron90

once got approval .. than can annunce la.

1 month ago

bullmarket1628

Super good news !
Parliament will dissolves by end Sept 2022 and GE15 is on Nov 2022

For those who still haven’t grab any cheap stocks, please faster grab any of it before too late !
If not, later don’t just sit there and see all of us here making tonnes of profits ya !

Heng ah, Ong ah, Huat ah !

1 month ago

DickyMe2

Post removed.Why?

1 month ago

lawrence86

Another joker out to temberang pakai tembak even tell you the date of GE , i guess the PM himself also dunno this news yet....full of jocker around. Beware guys ! LOL....

1 month ago

DickyMe2

Post removed.Why?

1 month ago

FutureGains

2B contract today.....tmr 50c

1 month ago

EVO118

We know the rumour has been out for awhile but has this already been priced by the market? Sure doesn't look like it considering the % movement during the past week.

1 month ago

EVO118

It will close alot higher than 0.415 by end of the day.

1 month ago

EVO118

1.98B out of a total project cost of 3.7B. That is 52% take of the project cost.

"The government has received notification from Adil Permata Sdn Bhd in regard to its “white knight” to take over the company and its RM3.7 billion Rapid Transit System Link (RTS Link) project connecting Bukit Chagar in Johor Bahru to Woodlands in Singapore, according to Transport Minister Datuk Seri Dr Wee Ka Siong."

1 month ago

bullmarket1628

Ekovest take over EPC job in RTS link
project for RM1.98 billions


https://ceomorningbrief.theedgemalaysia.com/2022/0405/

Walaoeh, super good news !
Ekovest grabbed a big RM1.9 billion project !
Like that today Ekovest going to limit up to closed
at=> 0.705 +0.30 + 74.1% already liao lah !

Heng ah, Ong ah, Huat ah !

1 month ago

EVO118

It has a short time frame. Only a 4 years project.

1 month ago

Jonathan Keung

This engineering contract awarded by Adil Permata to Ekovest for the construction of the RTS project works is coming from a Private limited company and not directly from the government or Johor state. Indirectly means Ekovest will bearing and funding the entire construction cost of the project. With rising building material costs up significantly the last 2-3 months. It's worrying {risk} if the is any delay or mismatch in construction fundings. The cost is 1.98 billion bear by Ekovest alone. Not really a plum job if you look into the fine prints .a limited 4 year timeline

1 month ago

DickyMe2

Post removed.Why?

1 month ago

Plantermen

Announcement without any detailed work attachment{s} on actual contractual award, fundings, land acquistion, project scope and variable cost adjustment and most critical any EIA studies?

1 month ago

EVO118

I am sure that a shrewd businessman like Lim is very aware of the ins and outs of the construction industry and I do not think he entered into this hugh contract without doing his homework. Having done so much construction he would be aware of cost variations. Am very sure they did not sign a contract without allowance for variations. That is just a normal business practice. As for the the rest of the feasibility studies, pretty sure they have their own people have a look into it before anything is sign. No way LIm is going to get himself burnt on this big project. DYOA.

1 month ago

RWG

good news also cannot up. jibye

1 month ago

aireez

wait ...
operators waiting after T3 time away
afternoon will shut up lorrrr
better collect noww

1 month ago

aireez

Good Luck !!

1 month ago

looiting

Goreng saje

1 month ago

carimakan

tunggu lagi 3 tahun baru bull ini kaunter..

1 month ago

hng33

The Board of Directors of Ekovest (“Board”) wishes to announce that our wholly-owned subsidiary, Ekovest Construction Sdn Bhd (“ECSB”) has been accepted by Malaysia Rapid Transit System Sdn Bhd (“MRTS”) (a wholly-owned subsidiary of Mass Rapid Transit Corporation Sdn Bhd), the developer and owner of the civil infrastructure for the section of Malaysia in Johor Bahru to Singapore Rapid Transit System Link Rail connecting Johor Bahru and Singapore (“RTS Link Project”), as the collaborative partner of Adil Permata Sdn Bhd (“APSB”), the appointed main contractor by MRTS for the RTS Link Project, to undertake the construction of the RTS Link Project.

Ekovest get direct contract from government instead of get subcontract from adil permata. Ekovest status jointly partner, not subcontractors

1 month ago

hng33

Ekovest job scopes is EPC for civil work, whereas Adil permata is in system testing and commissioning

1 month ago

hng33

bought ekovest at 39.5sen

1 month ago

newtrader1989

Buy buy buy

1 month ago

newtrader1989

Time to all innnnnnnnn

1 month ago

milodrinker

dumb

3 weeks ago

EVO118

It is not going to move until we start seeing some earthmoving equipment in action.

3 weeks ago

hng33

Ekovest get direct contract from government instead of get subcontract from adil permata. Ekovest status jointly partner, not subcontractors.

Whereas, gadang get subcontract from adil permata. Subcontract fetch lower profit margin if compared to ekovest direct main contract from gov

2 weeks ago

hng33

bought more ekovest at 38-38.5sen

2 weeks ago

EVO118

Johor Sultan visits RTS construction site in Woodlands.
https://www.malaymail.com/news/malaysia/2022/07/22/johor-sultan-visits...

2 weeks ago

bullmarket1628

Walaoeh, What happened ?
Super damn hot man Ekovest today !
Now Ekovest already traded at=>
0.405 (+0.015) (+3.9 %) !

Heng ah, Ong ah, Huat ah !

3 days ago

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