QUOTE(cHaRsIeWpAu^^ @ Jul 23 2019, 06:08 PM)
ewint all their projects macam can finish within this year ma, uk accounting system = only recognize profit when the buildings are built.
wct i bought from 1.85 until 0.7 then all the way to 1.16 now. i sailang at 1.13, not a lot la, actually just 40k.
You buy wct at najib still is pm right??
ECRL may be re-launched July 25, says Loke
Monday, 8 Jul 2019
By Jo Timbuong
KUALA LUMPUR: The newly revived East Coast Rail Link (ECRL) project may be celebrated in a re-launch ceremony on July 25, says Transport Minister Anthony Loke.
He said Malaysian companies are also set to play a larger role as they will take on 40% of the project’s civil works.
“It is our hope that we fully utilise the project for the benefit of the Malaysian economy, not only at the construction stage but (in future) link up the whole railway network with the ports to ensure industrialisation will take place along the railway corridor,” he said.
Loke added that the project had the potential to boost the economy while effectively improving connectivity.
The ECRL was put on hold for several months from July 2018 as terms of its construction were renegotiated.
Former prime minister Datuk Seri Najib Razak had presided over the project's groundbreaking ceremony in Pekan in August 2017.
The project was revived after Malaysian Rail Link Sdn Bhd and China Communications Construction Company Ltd (CCCC) signed a supplementary agreement in Beijing in April.
Under the new deal, the project’s development cost was brought down from RM66bil to RM44bil and the previous 688km line was also shortened by 40km.
Loke also hinted that there may also be “good news” in about two months concerning the Rapid Transit System (RTS) connecting Johor Baru and Singapore.
“It is my hope to see the RTS take place,” he said in his keynote address at the Women In Rail Malaysia Leadership Conference here Monday (July 8).
“I believe if there is a will, we can always find creative solutions, and I am thankful that our friends in Singapore are very pragmatic and cooperative in helping us find a solution to the problem,” he said.
The RTS was put on hold until the end of September, but Loke said he was confident that an agreement would be reached before then.
He added that the Malaysian government is also looking at solutions to revive yet another suspended rail project, the High Speed Rail (HSR) project that is suppose to connect Kuala Lumpur and Singapore.
The HSR has been put on hold until May next year.
Separately, Loke said the government was looking to revive the idea of developing a national skills centre to train people for the rail transport sector, similar to the National Rail Centre of Excellence (NRCOE) mooted by the Barisan Nasional administration but which was never realised.
“We are looking at setting up a Centre of Excellence for the entire country. It will be more efficient, more sustainable, and more impactful,” he added.
Loke said the centre would also benefit players around the region, and he plans to begin its first phase next year.
TAGS / KEYWORDS:
ECRL , Anthony Loke , Tranportation
Thursday will be a good day
They include
Gamuda Bhd
, IJM Corp Bhd
, MMC Corp Bhd 2194
and WCT Holdings Bhd
,” it said, adding that the contractor which the market perceives to be the most direct proxy to the ECRL would be
Gabungan AQRS Bhd 5226 ............
.
Read more at
https://www.thestar.com.my/business/busines...oZx3R13aOzZH.99 
Jul 23 2019, 03:36 PM, updated 5y ago
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