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Letter of intent disamakan dgn letter of award. VERY MISLEADING. Project only awarded upon review of the whole things including the price, terms and condition. What they got is ONLY a letter of INTENT to start negotiating. IT CAN BE CONTINUED WITH LOA OR BEING REJECTED
Totally Agree with Loba comment.
LOI is the starting process of awarding a contract.
Anything can happen before signingContract.
Everyone just be careful when trading.
Temporary wont hv any effect on their profit as contract not yet signed and still need negotiates on all details before the contract signed and execution.
Correct me if im wrong.
Can see Citaglobal announcement today that they are spending over RM10 mil to acquire a land near the ECRL to house the energy plan together with Reneuco as their consortium partner. It’s ridiculous for any company spend this sum of money to invest in a land unless the contract is already secured and just pending a formal execution only. DYOR.
Kekeke Travel videos thought he is smart to laugh at others. Where Cypark 30c dude? For months it never reach 30c, kantoi prediction aka denial travel videos kekekek