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I read on the news about shifting of Indonesia's Capital to East Kalimantan, so I find it will benefit Ranhill from different aspect, so I wrote something on it. Perhaps, everyone can take a look at it :)
Ranhill has also expressed its interest to participate in the provision of water services in other states ever since the implementation of the Water Services Industry Act 2006 and 2009.
They have not only obtained approval from the Ministry of Health (MoH) to begin private sales of CanSino vaccine in the country. Next they gonna apply for Convidecia to be used as a booster shot. Hopefully will get approval soon.
I think for Ranhill, we should look into a longer horizon especially with the special mention and initiatives made for water utilities industries under 12MP, water sector definitely posted a bright prospect and Ranhill is definitely one of the key beneficiary of it.
Ramssol has just signed a collaboration agreement with Impianna and Ramssol will be conducting and managing HRD Corp training programmes physically and virtually, with participants given full access to the Company’s in-house employee engagement mobile application, Feet’s, for one year.
Just saw this article posted from i3, seems like Malaysia Government is raising the importance on the utilities and energy sector, guess this will be a good 5 mins read for everyone.
Last update i saw on Ranhill's bursa announcement was they have submitted the feasibility studies to the regulatory authority (Kementerian Pekerjaan Umum dan Perumahan Rakyat) and waiting for the outcome and approval.
Seem like Ramssol has submitted a excellent result for this quarter. The Revenue up by 50+% and net profit for Ramssol this quarter is doubled! Further to that, I hope that Ramssol share price will move on a upward trend together with the winning streak of KLCI and other tech stock.