EcoFirst Consolidated Bhd has secured financing facilities worth RM189.95 million from Malaysia Building Society Bhd (MBSB) to finance the acquisition of land and development for its RM5 billion Ampang Ukay project.
Property developer Yong Tai Bhd is confident of achieving its target of drawing one million tourists annually to its Impression Melaka theatre.
Moving forward, the group expects its construction business to perform well for the rest of FY17 based on current order book and "satisfactory" tender book value.
Despite a controversial price tag, the East Coast Rail Link (ECRL) has earned some positive compliments from the analyst community for its potential to improve connectivity, which could spur more economic activity along the east coast.
According to media reports, Malaysia Rail Link signed the engineering, procurement, construction and commissioning agreement with China Communication Construction Co Ltd and China Communications Construction Company (M) Sdn Bhd.
The EPU is a unit within the Prime Minister’s Department and the current minister in charge of the unit is Datuk Abdul Rahman Dahlan.
Pandan MP Rafizi Ramli said the government must explain why China Communications Construction Co Ltd was appointed as the engineering, procurement, construction and commissioning contractor in a hasty manner.