Following the government's decision to postpone the new foreign workers levy ruling to 2018, the Master Builders Association Malaysia (MBAM) today called for a more transparent and simplified process of hiring foreign workers.
Ekovest said its wholly-owned subsidiary Ekovest Construction Sdn Bhd has entered into a JV and shareholders agreement with Samling Resources for the proposed project.
State local government, transportation and flood mitigation committee chairman Chow Kon Yeow said the state and Gamuda-led SRS Consortium, which appointed consultants Dr Nik & Associates Sdn Bhd to prepare the reports, abided by law when conducting the detailed environmental impact assessments (DEIAs).
The PTMP is expected to kick off the first phase of development involving reclamation, light rail transit and the highway in the first quarter of 2018 following the approvals from the federal government.
The group said its wholly-owned unit, Mudajaya Corp Bhd, accepted the award yesterday from Mass Rapid Transit Corp Sdn Bhd for the project covering the stretch from Universiti Putra Malaysia in Serdang to Taman Pinggiran Putra in Putrajaya.
To accommodate the rights issue, it proposes to increase its authorised share capital from RM100 million of one billion shares to RM500 million comprising five billion shares
This is due to the lack of clear timeline for the project from the government.
Consortium says delays in Penang infrastructure project not its doing.
Penang Town and Country Planning Department director Datuk Mohd Anuar Maidin said transport hubs along the light-rail transit (LRT) line highlighted in the RM46 billion plan would be included as primary development areas in the PSP2030.
It said growth in 2016 reflected its strong sales force, customer-centric practises and the ability to deliver quality projects and development that are ongoing such as Suria Residence at Bukit Jelutong.
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