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Investment [CONNECTIVITY] KVMRT 2 SG BULOH-PUTRAJAYA LINE, And also news about Circle Line
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leagan
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Oct 9 2018, 08:54 PM
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Getting Started

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QUOTE(nexona88 @ Oct 9 2018, 08:26 PM) Well if open tender without Songlap.. I think ECRL cost would be cheaper... Can be Chinese companies or even Japanese could win the project.. Or even Indian companies since they also have huge railway line... And if you are not familiar with contruction industry, don't ashame yourself and pretend know, just for worship your hopeless goverment.
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nexona88
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Oct 9 2018, 09:03 PM
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Someone lost contract it seems or job loss This post has been edited by nexona88: Oct 9 2018, 09:45 PM
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gks
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Oct 9 2018, 09:26 PM
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QUOTE(BEANCOUNTER @ Oct 9 2018, 08:45 PM) The mrt line will be there Whether u want to pay xxbillion or x billion knowing very well that whatever differences are 'not more stations or extended line'. Just to enrich some people. So when yr children ask you why paid xx billion and not x billion for the same work, what would you supposed to say? It was approved by previous gov? If the gov has evidence... Punish the fella.. Fine the company... It is 40% progress and you are doing retendering. I believe gov is getting wrong advice and look at the matter too simplistically. End of the day, you may save some cost but at the price of so many other stakeholders affected. I am not going comment about children as it is irrelevant to discussion. You can create thread about project that causing our children to pay the price. Mrt is not the only project.
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aspartame
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Oct 9 2018, 09:36 PM
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QUOTE(gks @ Oct 9 2018, 07:26 PM) If there is evident.. Gov should catch/trial the directors in the court as well as fining the company as punishment to shareholders. If the element of corruption is proven. Shelving a project (especially when it is 40% completed) and re-tendering especially for public project at this scale is foolish. There are so many implications which not just on "paper saving" requested by government. Very much agree. The purported savings, if any, is minuscule in the bigger scheme of things if we look at the number of projects the country is going to undertake in the future. If can make sure every new project from now on is tendered properly in the future is already very good lor. Why make such drastic move to re-tender an existing contract? So wrong man. How to have confidence in future government contracts? Can't help but to feel that it is all done to make the previous government look bad.
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Hisham8686
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Oct 9 2018, 09:47 PM
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QUOTE(aspartame @ Oct 9 2018, 09:36 PM) Very much agree. The purported savings, if any, is minuscule in the bigger scheme of things if we look at the number of projects the country is going to undertake in the future. If can make sure every new project from now on is tendered properly in the future is already very good lor. Why make such drastic move to re-tender an existing contract? So wrong man. How to have confidence in future government contracts? Can't help but to feel that it is all done to make the previous government look bad. Contesting in court takes longer time than retendering, prosecuting directors for corruption has a very high onus of proof to overcome. The AG as of today, is busy enough with Rosie and Jibby. Give the man a break.
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wallpaper89
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Oct 9 2018, 10:00 PM
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Just my thoughts on the matter - no personal or vested interest whatsoever.
Surely, there will be huge sums of termination ad administrative costs involved - which will likely offset any 'savings' to be made. And to make it worse, the end result will be a reduction in quality and scope - which is adverse to the Rakyat in the longer term.
Simply put, the time and effort for this fiasco could have been better spent elsewhere. I don't have a detailed cost and benefit analysis - but the feeling is we Rakyat will receive the shorter end of the stick, as a whole.
Agreed with one poster above - impression is this is all drama and Wayang in a political effort to discredit the previous govt (which we do not need anymore of - the election results speak for itself already)
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gks
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Oct 9 2018, 10:07 PM
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QUOTE(wallpaper89 @ Oct 9 2018, 10:00 PM) Just my thoughts on the matter - no personal or vested interest whatsoever. Surely, there will be huge sums of termination ad administrative costs involved - which will likely offset any 'savings' to be made. And to make it worse, the end result will be a reduction in quality and scope - which is adverse to the Rakyat in the longer term. Simply put, the time and effort for this fiasco could have been better spent elsewhere. I don't have a detailed cost and benefit analysis - but the feeling is we Rakyat will receive the shorter end of the stick, as a whole. Agreed with one poster above - impression is this is all drama and Wayang in a political effort to discredit the previous govt (which we do not need anymore of - the election results speak for itself already) Precisely. My feeling.. It is more political issue.
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DesRed
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Oct 9 2018, 10:28 PM
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QUOTE(gks @ Oct 9 2018, 09:26 PM) If the gov has evidence... Punish the fella.. Fine the company... It is 40% progress and you are doing retendering. I believe gov is getting wrong advice and look at the matter too simplistically. End of the day, you may save some cost but at the price of so many other stakeholders affected. I am not going comment about children as it is irrelevant to discussion. You can create thread about project that causing our children to pay the price. Mrt is not the only project. Worse still is that reneging on a contract of this scale will subject the gov't to penalties and open itself up to a lawsuit from MMC-Gamuda. That will mean compensation to the latter, which, in turn, uses taxpayers' monies for this. I recall this gov't once promised that MRT 2 will be left alone. Why suddenly decide to cancel the underground portion? Like you, I agree that the gov't, especially LGE, seem to be getting the wrong advice to do this. On the other hand, I wonder if they're cancelling this just because it is a project (among others) approved by the previous BN gov't, regardless if its meant to help the Rakyat or not. This post has been edited by DesRed: Oct 9 2018, 10:29 PM
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nexona88
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Oct 9 2018, 10:54 PM
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PM: Govt to discuss earlier decision to terminate MMC-Gamuda for MRT2 https://www.malaymail.com/s/1681021/pm-govt...gamuda-for-mrt2So calm down everyone. Decision not Final yet.. could be another U Turn by PH government  So don't cry baby.. like there's No life / hope to survive.. Just chill first..
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AskarPerang
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Oct 9 2018, 11:06 PM
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QUOTE(nexona88 @ Oct 9 2018, 10:54 PM) PM: Govt to discuss earlier decision to terminate MMC-Gamuda for MRT2 https://www.malaymail.com/s/1681021/pm-govt...gamuda-for-mrt2So calm down everyone. Decision not Final yet.. could be another U Turn by PH government  So don't cry baby.. like there's No life / hope to survive.. Just chill first.. U Turn again. Flip flop government at the moment. LGE announced underground contract terminated. And re-tendered again. Tun M announced will have to discuss further. LGE said that the workers would not be out of jobs as they would be re-employed upon continuation of the project. Re-employed by the whichever company winning the tender of the project it seems.
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nexona88
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Oct 9 2018, 11:08 PM
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QUOTE(AskarPerang @ Oct 9 2018, 11:06 PM) U Turn again. Flip flop government at the moment. LGE announced underground contract terminated. And re-tendered again. Tun M announced will have to discuss further. LGE said that the workers would not be out of jobs as they would be re-employed upon continuation of the project. Re-employed by the whichever company winning the tender of the project it seems.  maybe Gamuda - MMC top management have meet Tun M personally (behind close doors)
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aspartame
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Oct 9 2018, 11:11 PM
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QUOTE(nexona88 @ Oct 9 2018, 10:54 PM) PM: Govt to discuss earlier decision to terminate MMC-Gamuda for MRT2 https://www.malaymail.com/s/1681021/pm-govt...gamuda-for-mrt2So calm down everyone. Decision not Final yet.. could be another U Turn by PH government  So don't cry baby.. like there's No life / hope to survive.. Just chill first.. Flip flip a few round.. all confidence will be gone.
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nexona88
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Oct 9 2018, 11:17 PM
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QUOTE(aspartame @ Oct 9 2018, 11:11 PM) Flip flip a few round.. all confidence will be gone. well like I said few time already.. LGE needed to be more diplomatic & think first before open his big mouth... He Minister in ruling federal government now.. Not any opposition politicians... later don't use Press / Media misquote thingy like the previous BN Ministers
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SUStikaram
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Oct 9 2018, 11:48 PM
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QUOTE(wallpaper89 @ Oct 9 2018, 11:00 PM) Just my thoughts on the matter - no personal or vested interest whatsoever. Surely, there will be huge sums of termination ad administrative costs involved - which will likely offset any 'savings' to be made. And to make it worse, the end result will be a reduction in quality and scope - which is adverse to the Rakyat in the longer term. Simply put, the time and effort for this fiasco could have been better spent elsewhere. I don't have a detailed cost and benefit analysis - but the feeling is we Rakyat will receive the shorter end of the stick, as a whole. Agreed with one poster above - impression is this is all drama and Wayang in a political effort to discredit the previous govt (which we do not need anymore of - the election results speak for itself already) I dont agree with you. The above ground mof said save 5.22 billion. If the above ground contractor die die dont want to reduce cost mof terminate it n retendering it we will have "there will be huge sums of termination ad administrative costs involved - which will likely offset any 'savings' to be made. And to make it worse, the end result will be a reduction in quality and scope - which is adverse to the Rakyat in the longer term."? Putrajaya decided ti push for lower cost n the above ground ok with it. It rm5.2 bil less. This is not your so call drama n wayang kulit. Go check how high profit margin of mrt tunnel compare with normal construction project will give u a hint.
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SUStikaram
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Oct 9 2018, 11:50 PM
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QUOTE(AskarPerang @ Oct 10 2018, 12:06 AM) U Turn again. Flip flop government at the moment. LGE announced underground contract terminated. And re-tendered again. Tun M announced will have to discuss further. LGE said that the workers would not be out of jobs as they would be re-employed upon continuation of the project. Re-employed by the whichever company winning the tender of the project it seems.  Your statement is fake do u knoe? It was cabinet decision of contract terminated. Pls read the news before comments.
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aspartame
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Oct 9 2018, 11:59 PM
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QUOTE(nexona88 @ Oct 9 2018, 11:17 PM) well like I said few time already.. LGE needed to be more diplomatic & think first before open his big mouth... He Minister in ruling federal government now.. Not any opposition politicians... later don't use Press / Media misquote thingy like the previous BN Ministers  Yes. I hope he can reduce drastically his fault-finding stance and concentrate on his job. Do not everyday tell people no money lah, this and that. What kind of impression will investors have on us? Like in poker, you do not simply reveal your hand...
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AskarPerang
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Oct 10 2018, 12:06 AM
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QUOTE(tikaram @ Oct 9 2018, 11:50 PM) Your statement is fake do u knoe? It was cabinet decision of contract terminated. Pls read the news before comments. Which statement is fake? I dont see which statement is fake. All taken from the news. 1. LGE announced underground contract terminated. And re-tendered again. News: Govt rejected 24% reduction of construction cost on MRT2 underground works http://www.theedgemarkets.com/article/govt...derground-works2. Tun M announced will have to discuss further. News: Tun M: Govt to reassess termination of MMC-Gamuda’s MRT2 contract https://www.thestartv.com/v/tun-m-govt-to-r...-mrt-2-contract3. LGE said that the workers would not be out of jobs as they would be re-employed upon continuation of the project. Re-employed by the whichever company winning the tender of the project it seems. News: LGE: Those losing jobs over MMC-Gamuda contract termination can be re-hired https://www.freemalaysiatoday.com/category/...an-be-re-hired/
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SUStikaram
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Oct 10 2018, 12:08 AM
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QUOTE(AskarPerang @ Oct 10 2018, 01:06 AM) Which statement is fake? I dont see which statement is fake. All taken from the news. 1. LGE announced underground contract terminated. And re-tendered again. News: Govt rejected 24% reduction of construction cost on MRT2 underground works http://www.theedgemarkets.com/article/govt...derground-works2. Tun M announced will have to discuss further. News: Tun M: Govt to reassess termination of MMC-Gamuda’s MRT2 contract https://www.thestartv.com/v/tun-m-govt-to-r...-mrt-2-contract3. LGE said that the workers would not be out of jobs as they would be re-employed upon continuation of the project. Re-employed by the whichever company winning the tender of the project it seems. News: LGE: Those losing jobs over MMC-Gamuda contract termination can be re-hired https://www.freemalaysiatoday.com/category/...an-be-re-hired/However, Guan Eng announced yesterday that the Cabinet had decided to terminate the underground work contract of the MRT2 with MMC Gamuda after the two parties failed to reach an agreement relating to the construction cost. Read the wording cabinet decided to terminate. It is not u turn but negiotiontion power by tun M force mmc gamuda to accept lower price la. Buz are like that. You fake news maker pls stop it. This post has been edited by tikaram: Oct 10 2018, 12:11 AM
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AskarPerang
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Oct 10 2018, 12:15 AM
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QUOTE(tikaram @ Oct 10 2018, 12:08 AM) However, Guan Eng announced yesterday that the Cabinet had decided to terminate the underground work contract of the MRT2 with MMC Gamuda after the two parties failed to reach an agreement relating to the construction cost. Read the wording cabinet decided to terminate. It is not u turn but negiotiontion power by tun M force mmc gamuda to accept lower price la. Buz are like that. You fake news maker pls stop it. Apa fake news? There is no fake news in my statement. Yesterday announced to the world underground contract terminated. Today PM announced need to reconsidered the decision. You tell me not u turn / flip flop? You must be kidding me.
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gks
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Oct 10 2018, 12:51 AM
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Whether LGE or cabinet, what's the different? It is the gov of the day that matter.
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