Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study


Showing posts with label lrt. Show all posts
Showing posts with label lrt. Show all posts

Friday, November 26, 2010

Prasarana picks TRC, Bina Puri as main contractors for LRT extension jobs

Written by Joseph Chin Friday, 26 November 2010 20:28

KUALA LUMPUR: Syarikat Prasarana Negara Bhd has picked TRC Synergies Bhd and the joint venture between BINA PURI HOLDINGS BHD [] and Tim Sekata JV as main contractors for the multi-billion-ringgit light rail transit (LRT) extension projects.

Prasarana said on Friday, Nov 26 that it had picked TRC’s unit as the main contractor for the 17 km extension of the Kelana Jaya Line from Kelana Jaya station to Putra Heights, which includes 13 new stations. The contract value is RM950 million and it is for 30 months.

It also appointed Bina Puri- Tim Sekata JV as the main contractor to implement the 17.7 km extension for the Ampang LRT line between Sri Petaling to Putra Heights with 13 new stations. The contract value is RM634.64 million and the duration is 27 months.

The announcement confirmed The Edge FinancialDaily report that Bina Puri was in the forefront to win the LRT extension job for the Ampang line worth about RM600 million.

The EdgeFD also reported TRC was tipped to bag the main contract for the Kelana Jaya line extension, estimated to be worth between RM900 million and RM1 billion.

For the Kelana Jaya line extension, Prasarana said the nominated sub-contractor for the fabrication and delivery of segmental box girder was the joint venture between UEM BUILDERS BHD [] and Intria Bina Sdn Bhd.

The contract value is RM93.16 million and the contract period is for 21 months.

As for the Ampang LRT line extension, the nominated sub-contractor for the fabrication and delivery of segmental box girder was also the joint venture between Bina Puri and Tim Sekata.

The contract value is RM67.69 million and the duration of the contract is 19 months.

“In addition, within the total contract value the main contractors will also manage the nominated sub-contractors for contracts worth RM469 million (Kelana Jaya Line) and RM305 million (Ampang Line) respectively,” Prasarana said.

It added the nominated sub-contractors, to be appointed by Prasarana through a separate on-going open tender process, would cover CONSTRUCTION [] of stations; supply and installation of escalators and lifts; and construction of multi-storey car parks.

Taken from here

Wednesday, June 23, 2010

15 firms attend SPNB tender briefing for LRT job

STATE-owned public transport operator Syarikat Prasarana Negara Bhd (SPNB) had called for a tender briefing yesterday for the light rail transit (LRT) line extension in the Klang Valley.
It is understood the briefing was attended by 15 construction companies to discuss the scope of works involved in the LRT extension project estimated at about RM9 billion.

SPNB invited the companies.

They include Sunway Construction Sdn Bhd, IJM Construction Sdn Bhd, Muhibbah Engineering Sdn Bhd, Gamuda Bhd, Bina Puri Holdings Bhd, Loh & Loh Corp Bhd, MRCB Engineering Sdn Bhd as well as joint-ventures such as WCT-Sinohydro, Ranhill-CCCC and UEM Builders-Intria Bina.

It is understood that the companies are expected to visit the site this Sunday, where the lines between Ampang and Kelana Jaya are to be built.

"The companies must buy the tender documents for the project by June 24. SPNB may call for tenders for infrastructure works first," a source told Business Times.

It is learnt that there will be a total of eight packages under the project, which will be tendered in stages.

These include the construction and completion of facilities work for the Ampang LRT line, and the Kelana Jaya LRT line.

The other packages are to nominate sub-contractors for fabrication and delivery of segmental box girders for both the Ampang and Kelana Jaya LRT lines.

SPNB group managing director Datuk Idrose Mohamed had recently said that 15 candidates were shortlisted for the sub-contracting of fabrication and delivery of segmental box girder works.

SPNB is raising RM4 billion from bond sales to part-finance the project, which forms part of the RM10 billion railway scheme to expand Kuala Lumpur's public transport network.

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