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Change in Company Address Hints : Click here to modify the Visible Columns. 22 people like this. Goldberg 'MRCB, Kimlun Corp among companies set to benefit from expedited flood mitigation projects By S. BIRRUNTHA - March 26, 2024 @ 9:29am KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) and Kimlun Corp are among companies expected to benefit from expedited flood mitigation projects within the construction sector, RHB research said. The research firm said the federal government has allocated about RM11.8 billion under Budget 2024 for flood mitigation projects spread across 33 high priority projects. 26/03/2024 12:14 PM Investormy In the meantime, CIMB Securities advises investors to focus on contractors with a good track record in Sabah and possess a strong balance sheet such as Gamuda Bhd, IJM Corp Bhd and Malaysian Resources Corp Bhd (MRCB). 26/03/2024 1:37 PM NRahmat Tomorrow continue the show https://klse.i3investor.com/web/blog/detail/rhbinvest/2024-03-26-story-h-185530132-Construction_Flood_Mitigation_Projects_on_the_Horizon 26/03/2024 5:08 PM NRahmat Investable ideas in the flood mitigation space include Malaysian Resources Corp which has been shortlisted for a flood mitigation job in Selangor. This is not a surprise as MRCB is currently involved in the MYR380m Muara Sungai Pahang Phase 3 flood mitigation project. Aside from this, Kimlun Corp (KICB MK, NR) has expressed its intention to bid for flood mitigation projects which will most likely be in Johor given the group’s prominence in the state, in our view. We also do not discount the possibility of Rohas Tecnic (RTEC MK, NR) potentially clinching flood mitigation projects in the near future. This is premised on its involvement in the MYR85m job constructing pumping stations at two existing retention ponds and laying water pipelines to convey the water to the Semenyih Water Treatment Plant (WTP) intake. 26/03/2024 5:08 PM Investormy There will be RM100mil extraordinary profit to be recorded this Q1 for the sale of Plaza Alam Sentral and PJ Sentral acquisition. 27/03/2024 7:51 AM NRahmat https://www.thestar.com.my/business/business-news/2024/03/27/property-stocks-rally-on-declining-unsold-units-new-launches?fbclid=IwAR2OXOtWdsrgEqgpR_yN2DRSGz4F4UxXkbyk4ydV10dgQqx1aBuRuxrfd50 27/03/2024 2:12 PM Leverage Folk, MRCB need a confirmed breakout above the 69sen to extend rally towards the 74sen, with next resistance at the 79sen, and key uptrend supports at the rising 50-day ma (59sen) and 100-day ma (52sen). 27/03/2024 2:32 PM Leverage Folk, waiting helps you as an investor & a lot of people just can't stand to wait. 1. Shortlisted for HSR Rm70B project: YTL-SIPP Rail MRCB-BRail-IJM-KTM China Railway 2. Pan Borneo Phase 1B (Sabah) Rm15.7B Contenders: IJM WCT MRCB GBGAQRS Gadang Binapuri TRC 3. Flood Mitigation Rm11.8B Contenders: Gamuda Kerjaya Prospek Suncon TRC MRCB Varia Kimlun Rohas Naim Other prospects a. May come from MRT3 - a chance to secure the elevated section. b. May also benefit the reinstatement of five LRT3 stations. 27/03/2024 4:53 PM Investormy There was a huge purchase of more than 15k lots at 66sen before closing. 27/03/2024 6:39 PM Investormy https://www.thestar.com.my/business/business-news/2024/02/19/value-unlocking-initiatives-stand-mrcb-ingood-stead 28/03/2024 1:16 PM 5354_ Leverage "Shortlisted for HSR" meaning still not confirmed? Why take so long(already 2.5 months from 15th Jan deadline HSR proposal submission)? How long more must wait? 28/03/2024 5:37 PM B03392 MRCB bid projects wil announce soon. MRT3 bid soon. Lets our country celebrate raya. After this..be surprised. 28/03/2024 8:00 PM Leverage Folk, if the MRCB-IJM-BRail-KTMB consortium’s proposal is chosen, EPF would end up having the biggest exposure to the KL-Singapore HSR...EPF is the largest shareholder of both MRCB 36.21%, IJM 17.62% & YTL 5% stake. 29/03/2024 9:38 AM Leverage Folk, in July last year, MyHSR Corp issued a RFI, calling for concept proposals for the KL-Sin HSR which was closed on Jan 15 this year. On Jan 15, MyHSR chairman said 7 local & international consortia, comprising 31 firms, had submitted concept proposals for the project. The findings from the RFI evaluation will be presented to the MOT & the cabinet for deliberation. Folk, according to sources privy to the matter 3 consortia’s concept proposals are believed to have been shortlisted for the Rm70B mega infrastructure project. 29/03/2024 9:51 AM Leverage Folk, to make money in stocks, you need to have vision to see them, courage to buy them & patience to hold them. But sadly patience is the rarest of the three. 29/03/2024 10:01 AM | |