As a result, project completion is now projected to be in November 2020 instead of February 2020 as initially planned. While the issue is now resolved, that change in decision over the road alignment at Bandar Malaysia, and the consequent need to restart the land acquisition process have set the construction back by 14 months. This is arising from the change in alignment at the Bandar Malaysia stretch, a circumstance that is beyond the scope of DUKE 3’s control. While the sector’s regulatory environment appears more settled and the RIA has been fully received in April 2019, the rating outlook remains negative as there is now a risk of time overrun. The negative outlook also incorporated a delay in receipt of the reimbursable interest assistance (RIA) from the government amounting to RM460.0 million that could potentially affect DUKE 3’s debt-servicing ability. The Sukuk Wakalah was put on a negative outlook last year over the uncertainty on the direction of the toll road sector following the government’s decision to review toll road concessions and their tariff framework. SPE will connect Middle Ring Road 2 at Wangsa Maju to Kerinchi Link adjoining Federal Highway and is being built under a concession agreement with the Malaysian government ending August 5, 2069. The rating outlook remains negative.ĭUKE 3, a wholly-owned subsidiary of Ekovest Berhad (Ekovest), is undertaking the design, construction, financing, operations and maintenance of the 32.1-km Setiawangsa-Pantai Expressway (SPE) in Kuala Lumpur. * Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.MARC has affirmed its rating of AA- IS on toll concessionaire Lebuhraya DUKE Fasa 3 Sdn Bhd’s (DUKE 3) RM3.64 billion Sukuk Wakalah. Look for Cutcliffe and his staff to revamp the playbook to freshen up the attack. Companies start the year running everything from five wide to triple option but gradually scale back and become more predictable. While there were some injuriesmost, notably running back Brittain Brownthe, real problem with the Dukes offense seemed to be the scheme. Key: Duke will have talent back, but the Blue Devils had talent this year. Former starter Robert Kraeling is also returning, so the line should return to relatively intact. Will Taylor had already stepped in at center after Wohlabaughs season - ending injury, and Maurice McIntire got plenty of work behind Baker. Online, LG Zach Baker and C Jack Wohlabaugh depart, as does backup Julian Santos. The Blue Devils play three true freshmen this year, in Jalon Calhoun, Eli Pancol and Darrell Harding Jr., Who, combined with rising junior Jake Bobo, give the new quarterbackwhoever he may beplenty of targets. Aside from that, Duke needs to replace receivers Scott Bracey and Aaron Young. Hell be pushed by incoming freshman Luca Diamont, three - star commit who also had offers from Alabama and Washington State, among others. If hes at 100 percent in fall, hell likely be leader to win the job. Holmberg was a three - star recruit who chose Duke over ECU, UNC and Wake. That role likely fell to Gunnar Holmberg, redshirt freshman who missed the season with a knee injury suffered in preseason. Unlike most backups under Cutcliffe, including Harris, Katrenick did see time in short - yardage and goal - line sets, leading to speculation that he might not be future quarterback in training. Chris Katrenick got in for some mop - up duty this season, and his stat line didnt have fans clamoring for him to take over for Harris. Quentin Harris was a fifth year senior, and with his departure, cupboard is bare, experience wise. With that, we turned to players on the field to see what's in store for Duke next season.
While hell likely be able to land a high - paying assistant job, there is a possibility Cutcliffe could find a role for him, either as consultant or assistant, shuffling staff to make room. Luke was the former offensive line coach and co - coordinator at Duke under Cutcliffe. One wild card: Ole Miss fire head coach Matt Luke, next season. While many fans clamor for Duke to replace coordinator Zac Roper, there was no immediate change after the season end, and the longer the offseason go, less likely change becomes. The good news is that most of Duke's contributors on offense return, giving the Blue Devils some consistency and chance to improve as returnees develop. The Dukes ' offense will struggle throughout 2019, finishing 11 in ACC in scoring, 13 in passing and 10 in rushing.