Mudajaya clinching more Rapid jobs
Since December 2014, Mudajaya has managed to secure RM809 million worth of works at Rapid.
MRCB’s private placement proposal a surprise
Major shareholder Gapurna Sdn Bhd (16.7% stake) has committed to undertake 120 million new placement shares with the balance to be placed to institutional investors. The placement exercise is targeted to be completed by the second quarter of 2016.
Office segment a drag for Sunway REIT on high vacancy rate
The retail segment continued to drive Sunway Real Estate Investment Trust (REIT)’s earnings growth, primarily from resilient performance of Sunway Pyramid shopping mall (+4.1%) and SunCity Ipoh (+0.0%) as well as improved performance of newly opened Sunway Putra Mall (+1,746.4%).
Mudajaya awarded additional works for Pengerang Cogen plant
With this smallish contract in the bag, Mudajaya’s year-to-date (YTD) job wins stand at RM533 million.
