Better earnings ahead for ML Global after MITC buy, says MD
The construction company also has an order book of about RM1.61 billion, which can last for two years, 60% of which comes from LBS Bina, which owns 56% of ML Global.
Rafizi questions financial viability of ECRL
Rafizi questioned whether there are enough exports to fully utilise the 600km ECRL as the 70km rail is not fully utilised now.
Liow explains big jump in ECRL’s estimated cost
"The consulting firm previously used a different alignment. Previously the length was 545 km, now it is 600km and this has not included the part from Gombak to Port Klang."
East Coast Rail Line to benefit construction sector, say analysts
The 600km rail line will be implemented in phases and connect townships such as Port Klang, the Integrated Transport Terminal Gombak, Bentong, Mentakab, Kuantan, Kemaman, Kerteh, Kuala Terengganu, Kota Baru and Tumpat.
MBAM: Construction industry needs foreign workers
“As such, MBAM hopes that the policy with regards to the employment of foreign workers can be looked at in a holistic manner, so that aspiration of both the public and the private sector can be satisfied.”
LBS expects Ijok project to contribute from next year
While its flagship development Bandar Saujana Putra, located south of Kuala Lumpur, is expected to continue contributing to the group for another three to five years, LBS Bina Group Bhd is now set to undertake another major development.
Implementation of road pricing in KL city centre after MRT Line 1 starts
DBKL is looking into the details, but the pricing for each vehicle has yet to be finalised, said Nik Mastura Diyana Nik Mohamad, senior deputy director at DBKL’s Urban Planning Department.
Independent advisor tells PJ Development shareholders to accept OSK's takeover offer
OSK Holdings Bhd’s offer to takeover PJ Development Holdings Bhd (PJD) is deemed “not fair but reasonable”, according to independent advisor MIDF Investment Amanah Bank Bhd, and shareholders and warrant holders are recommended to accept the offer.
Bina Puri bags Petronas Rapid contract
Bina Puri Holdings Bhd bagged a plant building project at Petroliam Nasional Bhd's (Petronas) Refinery and Petrochemical Integrated Development (Rapid) in Pengerang, Johor.
Tropicana, China Metallurgical in talks about township development
Tropicana Corp Bhd is talking to China Metallurgical Group Corp on a potential township development joint venture (JV).
