nazr011's comment on MHB. All Comments

nazr011
1 Like · Reply
Uikkks!!!
MHB Book Order is MYR1.5bil. All projects are currently under way. MHB also made some bidding submissions.
Specific Projects MHB is Known to Be Bidding On
While not officially confirmed by MHB, industry intelligence and reports point to their involvement in several major upcoming projects:

1 PETRONAS' Jerun Gas Field Development: This is a major project offshore Sarawak. MHB, alongside other local and international players, is considered a leading contender for the EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) contract for the central processing platform (CPP). This is arguably the most significant near-term opportunity for MHB.

2 PETRONAS' Limbayong Deepwater Development: Another substantial project where MHB is likely to be pre-qualified to bid for fabrication and construction works related to the floating production storage and offloading (FPSO) unit or its topsides.

3 International Opportunities: MHB has also expressed interest in bidding for projects in the Middle East (e.g., Saudi Aramco, ADNOC) and Southeast Asia, leveraging its competitive pricing and proven capability from the Kasawari project. Specific project names are rarely disclosed at the bidding stage.

4 Taiwan is expanding its offshore Wind Turbine farm there. We hope MHB can get orders from them.

MHB did indeed submit a bid to PTTEP (PTT Exploration and Production Public Company Limited) a few years ago for a significant project offshore Sabah.

The project is the Lang Lebah Gas Field Development, which is part of the larger SK410B Production Sharing Contract (PSC) block, operated by PTTEP, a major gas discovery and one of the largest in the region in recent years.

Scope of Work: The development concept initially involved a Central Processing Platform (CPP) and associated infrastructure. The contract MHB would have bid on was the Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) of this platform.

Pre-Qualification & Bid Submission: MHB, along with other major regional players like Sapura Energy Berhad, Samsung Heavy Industries (SHI) of South Korea, and Saipem of Italy, was pre-qualified and submitted bids for the Lang Lebah EPCIC contract around 2021 to 2022.

Project Delays and Re-bid: The project did not move forward as initially planned. The project remains a major future development in the region, but its timeline has been pushed back.

Probably you should know. MHB is the heart of people in Johore Bahru. Many people work there. Many people rely on MHB. Fed & State government & Petronas / MISC (included)cant afford to loose MHB.
Show more
Johan Awang
ada peluang naik ke bos
Like · 4 days · translate
nazr011
Hehh bro... Dgn MHB nie, you kn ada sket anticipation. Buy when MHB is low. Do not chase. Wait until they take profit. See how low MHB drop. Then you buy. Do Not borrow money to buy MHB. You kn tahan banyakkkkk dgn MHB nie.
Klu nak beli, beli sket dulu. Yg lain simpan. Just in case.
Show more
Like · 4 days · translate