Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
weakness in shares price is imminent. There's 13mil of warrant converted shares listing today, however if you are holding for long term then should just ignore the noise
Kuala Lumpur, July 19 – According to insiders, three consortiums have submitted proposals to the Public Private Partnership Unit (UKAS) to develop the elevated Autonomous Rapid Transit (e-ART) system in Johor Bahru.
The three consortiums are:
MMC Corp – DOM Industries Sdn Bhd
WCT Holdings – Lion Pacific Sdn Bhd
YTL Corporation – SIPP Rail Sdn Bhd
Ancom Nylex no longer bidding
According to The Edge, a consortium previously formed by Theta Edge Bhd and Ancom Nylex Bhd had expressed interest in the project. However, negotiations to finalize the consortium collapsed in April.
Sources close to the matter revealed that Ancom Nylex is no longer a bidder for the project, but it will play a supporting role in the MMC-DOM consortium.
Other parties reportedly interested in the project include:
Let's see if ytlpower able to continue securing chips from Nvidia in the long run. Although I wish they could, but always be prepared if things don't turn out as planned.
