RM4.5billion school internet contract for 15 years on the bid

Malaysia government is looking for companies to provide internet access and a virtual learning module platform for about 10,000 schools in the country under the 1Bestarinet project.

The bid is split into 5 years contract each.

Currently only 6 companies are shortlisted for the 1st 5 years contract:

1) YTL Communications

2) Telekom Malaysia Bhd/Time dotCom Bhd (joint bid)

3) Celcom Axiata Bhd

4) Maxis Bhd

5) Multimedia Synergy Corp

Who will win??

1) YTL Communications
    (http://www.ytlcomms.my/EN/Index.aspx)

• YTL Communications is a subsidiary and the communications utility of YTL Power International
• YTL Power International is a subsidiary of YTL Corporation
• I sure most of the people in Malaysia know about YTL which is owned by, Tan Sri Dato' Seri (Dr.) Yeoh Tiong Lay, 6th richest guy in Malaysia net worth USD2.7billion and ranked 420 in the World Billionaires List provided by Forbes

2) Telekom Malaysia Bhd/Time dotCom Bhd (joint bid)

    (http://www.tm.com.my/Pages/Home.aspx) (http://www.time.com.my/)

• Both owned by M'sia government body
• Telekom Malaysia Bhd - approx. 12.58% owned by EPF
• Time dotCom Bhd - approx. 42.38% owned by Khazanah Nasional Bhd (you can read more about this company in my previous blog http://awonginvestment.blogspot.com/2011/08/timecom-share-to-look-at.html)

3) Celcom Axiata Bhd
    (http://www.celcom.com.my/)

• Celcom is a member of Axiata which listed in KLSE
• Is owned by M'sia government body
• Axiata - approx. 39.27% owned by Khazanah Nasional Bhd and 13.16% owned by EPF

4) Maxis Bhd
     (http://www.maxis.com.my/main.asp)

• Maxis Communications is part of Ananda Krishnan's business empire.
• 2nd richest guy in Malaysia net worth USD9.5billion and ranked 93 in the World Billionaires List provided by Forbes

5) Multimedia Synergy Corp

• Really no idea about this company. Never heard about it before and seems like can't find anything by searching through internet
• A black horse??

6) Jaring Communications
    (http://www.jaring.my/)

• Is owned by M'sia government body
• In December 2006, the Ministry of Finance, Malaysia officially takes over JARING
• Used to be famous 10 years ago......i'm sure many ppl heard about Jaring before 

Which company going to WIN?? Government bodies vs Billionaires??

If you have bought shares for these companies, this big WIN will definitely improve their company revenue + potential of share price shooting up!!

For me: I wish YTL Communications or Telekom Malaysia Bhd/Time dotCom Bhd to WIN. :)