Leong Kok Chaw's comment on GDB. All Comments
Leong Kok Chaw
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Taking too long, why not let KSK Group Bhd reverse take over GDB, hahaha!
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2 years · translate ·
yutaka tong
conlay project for sure will be delayed or cancelled....no point to take risk
1 Like · 2 years · translate
Wei Yoong
yutaka tong, I didnt buy this stock but I'm curious why you said conlay will be cancelled？The location is quite good right？Near KLCC there, I dont think it will be cancel but delay is a must.
1 Like · 2 years · translate
yutaka tong
developer no cashflow to run project now...
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Desmond Ng My
when ppl no money to pay rental, you ask them why not buy a house instead. lol
4 Like · 2 years · translate
Wei Yoong
Yutaka tong as the information I know, 8 conlay development cost is 1.25b but it can generate 5.2b revenue, so even KSK cancel the project, I believe there have some companies interesting to takeover thr project from KSK, because it is impossible that KL, near KLCC that area stand a high abandon building which definately will impact on malaysia image.
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1 Like · 2 years · translate
yutaka tong
ksk no money to pay gdb subcon
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Leong Kok Chaw
KSK controlled by Kua family - Kurnia Insurance boss who took the company private.
2 Like · 2 years · translate
Wei Yoong
Ya, Leong Kok Chaw, the big boss at the back of 8 conlay is rich, so I don't think 8 conlay developer will let the whole project abandon forever.
1 Like · 2 years · translate
yutaka tong
there is a reason when ksk want to stop the project...the decision is a serious matter without a long consideration
1 Like · 2 years · translate
Wei Yoong
Alright，GDB take legal action to KSK and would GDB loss this 8 conlay contract,since legal action had been taken？
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