KVDT2 rehabilitation to be completed in five years instead of seven
The rehabilitation project will now involve 265km of KTM Bhd railway tracks instead of 110km as announced earlier.
PSC cut 'not temporary' - Anthony Loke
Loke said the PSC formula is based on the current operating agreement between the government and MAHB.
Ahmad Zaki's 2Q net profit falls amid lower revenue, higher income tax expenses
Moving forward, the group said its construction outstanding order book of RM2.4 billion as at June 30, 2019 will be able to provide earnings visibility for the next two to three years.
LBS Bina's quarterly profit down by a third as construction, taxation drag
On prospects, the group stressed that property development, which accounted for 80% of its revenue in 1HFY19 remains its main earnings driver, and that it is positive on the segment's outlook remaining positive despite the challenges facing the industry.
Mitrajaya posts second consecutive quarterly loss on lower construction contribution
The group posted a net loss of RM14.55 million for the second quarter ended June 30, 2019 compared to a net profit of RM10.33 million a year ago.
IJM Corp eyes RM1.5b new construction orders in FY20
On property development, the group is targeting RM1.6 billion in sales for FY20 — comparable to last year’s sales. It has secured RM480 million as at end-1QFY20, and plans to launch RM1.5 billion worth of properties this year to drive sales.
Paramount plans RM900m property launches, to double co-working space
The co-working space business is expected to be a growth story in Paramount.
Najib's daughter questions RM10.3m tax bill on income from hubby
In a Facebook posting yesterday, she alleged that the tax authority had labelled funds transferred from her husband's family, a home purchased using said funds where she is named joint owner, as well as 'wang hantaran' and gifts from family as friends as her income, following an audit that began last year.
UOA Development 2Q net profit up on progressive recognition of ongoing development projects
Its quarterly revenue also jumped 12.91% to RM344.33 million from RM304.96 million a year ago.
Kerjaya Prospek set to beat RM1.2b order book target
Kerjaya Prospek is currently bidding for RM1.5 billion worth of construction jobs, which include infrastructure work and high-rise residential building jobs in the Klang Valley and Penang.
