News by izzul Ikram

IJM Corp Bhd’s net profit for the second quarter ended Sept 30, 2023 (2QFY2024) surged over threefold to RM93.69 million from RM27.03 million a year earlier, carried by strong showings from its property development and infrastructure segments.

Anwar said this finding was made in a National Economic Action Council meeting.

The 20.7km Setiawangsa-Pantai Expressway (SPE) will be officially open in its entirety to motorists at 11.59pm on Friday.

The group said it was informed of this via a letter from the Companies Commission Malaysia dated Oct 4.

A lawmaker has questioned the significant cost difference between the estimated costs for the construction of five previously cancelled Light Rail Transit Line (LRT3) stations in the Klang Valley and Penang's much larger LRT project.

Propel Global Bhd is to purchase two parcels of land in Kuala Kuantan, Pahang for RM14.7 million to undertake a commercial development project with a gross development value (GDV) of RM68 million.

Chow said Lee was informed of his replacement as a director of the PDC on Sept 26 — a day before PDC inked the joint development agreement with Sunway Bhd’s 70%-owned Umech Land.

The Bill was tabled by Natural Resources, Environment and Climate Change Deputy Minister Datuk Seri Huang Tiong Sii. 

UEM Sunrise Bhd has issued Islamic medium-term notes (IMTNs) worth RM350 million in nominal value.

Sunway Bhd, and in turn its founder and executive chairman Tan Sri Jeffrey Cheah Fook Ling, have ceased to be a substantial shareholder of construction giant IJM Corp Bhd following a 0.08% stake disposal.