• VIVOCOM might get involved in the development of Bandar Malaysia should IWH CREC Sdn Bhd wins the project.
  • IWH may get another chance to develop Bandar Malaysia followed news that China-based Dalian Wanda Group Co Ltd came under regulatory pressure on how it financed its global acquisitions. Dalian Wanda was seen as a front runner for the Bandar Malaysia project.
  • There is a possibility that the market is speculating on a contract to be concluded.
  • The Malaysian Government via the Finance Ministry owns TRX, a former unit of 1Malaysia Development Bhd (1MDB). The Government also owns 100% of 1MDB. IWH and China Railway Engineering Corp (M) Sdn Bhd jointly own IWH CREC.
  • How would VIVOCOM secure jobs for Bandar Malaysia?
  • Well, CREC has partnered with CRCC and CCCC for Gemas-JB project and now seen as front-runner with IWH for Bandar Malaysia project. 
  • So, we can hope that CREC also might prefer VIVOCOM as preferred contractor too.
  • This is not speculation, it is an assumption. Do u expect the Company to announce to the whole world that they are in favor??? Please rethink about it.
  • Remember this!!!, Given strong track record of jobs flow awarded from CRCC, this will favour VIVOCOM to take a slice of huge pie of Bandar Malaysia development.
  • And dont forget, ECRL too...
  • Stick to my plan, TP of 30sen for now.
  • Share price is still in consolidation phase. No worries. It is normal to see irrational investors to selloff.
  • When there is fear, that is where goldmine. When there is greed, that is where monkey game!