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:

LBS Bina Group

Sinar Bina Infra (SBI)

BTS Group Holdings PCL (Thailand)

you may check PMX recent FB post

let's see how high their shareholding can increased to.

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.

US plans AI chip curbs on Malaysia, Thailand over China concerns: sources

https://www.businesstimes.com.sg/international/asean/us-plans-ai-chip-curbs-malaysia-thailand-over-china-concerns-sources

moomoo users mostly received if they did the submission earlier

pardon me. should be enlarged outstanding shares

after the adjusted outstanding shares, now EPF stakes stands at 6.91%

underlying problem is their cash flow

hey guys. Just saw clearly its mentioned the shares. I thought you guys are referring to the warrant ,that one indeed received, but the converted shares probably will be credited next week.