Sime Darby Property mutually terminates joint venture with Brunsfield Metropolitan
Sime Darby Property Bhd and Brunsfield Metropolitan Sdn Bhd have mutually terminated their 60:40 joint venture (JV).
No decision yet on RM3.5 bil Multi-Lane-Fast-Flow project, says works minister
Amid rumours swirling around the award of the Multi-Lane-Fast-Flow (MLFF) system, Works Minister Datuk Seri Alexander Nanta Linggi said Putrajaya has yet to make a final decision on the RM3.46 billion project.
Vizione secures RM490 mil contract to design, develop apartments in Sabah
Vizione Holdings Bhd has secured a RM490 million contract as a turnkey contractor to build three blocks of apartments in the Kota Kinabalu district in Sabah.
LBS Bina set to propel towards YTD high, says RHB Retail Research
RHB Retail Research said LBS Bina Group Bhd is set to propel towards the year-to-date (YTD) high, as it surpassed the 57.5 sen breakout level on Thursday, on the back of surging trading volume.
Chin Hin Group seeking to raise up to RM500m via perpetual MTN
Chin Hin Group Bhd has filed its establishment of a perpetual medium-term note (MTN), in a bid to raise up to RM500 million, with the Securities Commission Malaysia (SC).
Highway concessionaires to retain toll collection rights despite MLFF project development, says Nanta
Works Minister Datuk Seri Alexander Nanta Linggi has confirmed that existing highway concessionaires will still have the rights to collect toll charges as per agreements with the government that are still in force, despite the development of the multi-lane free-flow (MLFF) project by a private firm.
Analysts maintain 'buy' on Gamuda, expect strong quarters ahead on high order book, unbilled sales
Market watchers have maintained their "buy" ratings on Gamuda Bhd, as they expect the engineering and construction group to deliver strong quarters ahead for the financial year ending July 31, 2024 (FY2024), on the back of a record-high order book and unbilled sales.
Ten-acre TRX City Park opens to public
The TRX City Park officially opened to the public last Wednesday (Nov 29).
Gamuda records RM195 mil net profit in 1QFY2024
Gamuda Bhd recorded a net profit of RM195.04 million in the first quarter ended Oct 31, 2023 (1QFY2024), compared to RM1.168 billion a year ago.
Gamuda bags RM1.77 bil Singapore MRT project
Gamuda Bhd’s Singapore branch (GBSG), an operating unit of the group, has secured a S$509.568 million (RM1.77 billion) design and construction contract for the West Coast station and tunnel.
