Pintaras Jaya bags piling contracts worth RM170mil in Singapore
Pintaras Jaya Bhd has been awarded eight piling contracts in Singapore worth a total of RM170 million since August 2023.
Ekovest sells land in KL for RM67mil in related party transaction
Infrastructure and construction company Ekovest Bhd is disposing of 13 parcels of land measuring a total of 12,400.139 sq m in Section 85 along Jalan Pahang here to Airman Sdn Bhd, a wholly-owned subsidiary of Lim Seong Hai Holdings Sdn Bhd (LSHHSB), for RM66.8 million.
Strong MCement, YTL Power performance lift YTL Corp 2Q profit six-fold to RM589 mil
YTL Corp Bhd net profit in the second quarter ended Dec 31, 2023 (2QFY2024) rose six-fold to RM589.21 million from RM96.91 million a year ago, lifted by stellar results from listed units YTL Power International Bhd and Malayan Cement Bhd.
E&O in talks with banks to raise RM1.5 bil for Andaman Island project
Property developer Eastern & Oriental Bhd (E&O) is in talks with banks to finalise the mechanism to raise between RM1 billion to RM1.5 billion for the development of its 760-acre Andaman Island project in Penang.
IPC Shopping Centre unveils new anchor tenant MR DIY Plus, more F&B offerings opening this year
IPC Shopping Centre in Mutiara Damansara, Petaling Jaya, Selangor, has unveiled its new anchor tenant, MR DIY Plus, as well as a line-up of additional food and beverage (F&B) offerings that are expected to be opened this year, according to its operator Ikano Corp Sdn Bhd in a press statement on Thursday.
Eastern & Oriental’s 3Q earnings rise to RM34m lifted by its property and hospitality segment
Property developer Eastern & Oriental Bhd (E&O) has reported a 14.47% growth in its third quarter net profit, thanks to higher contributions from its property and hospitality segment, as well as higher unrealised foreign exchange gains.
Citaglobal-Reneuco consortium wins 30-year concession to power up ECRL
A consortium between Citaglobal Bhd and Reneuco Bhd has secured a 30-year concession to supply electricity to the East Coast Rail Link (ECRL) from project owner Malaysia Rail Link Sdn Bhd (MRL).
KL Tower graft trial: Hydroshoppe director gets temporary release of passport for work engagements
The Sessions Court has allowed Hydroshoppe Sdn Bhd director Datuk Abdul Hamid Shaikh Abdul Razak Shaikh's passport to be returned temporarily for him to attend work-related engagements in the US and Germany.
KLK redesignates CEO Lee Oi Hian as executive chairman as Raja Muhammad Alias retires
Kuala Lumpur Kepong Bhd has redesignated its chief executive officer Tan Sri Lee Oi Hian as its executive chairman, following the retirement of Tun Raja Muhammad Alias Raja Muhammad Ali as the group's non-executive chairman on Wednesday.
LBS Bina posts 31% growth in 4Q earnings amid higher contribution from property biz
Builder cum property developer LBS Bina Group Bhd has reported a 31% growth in its fourth quarter net profit, underpinned by increased contribution from its property development business and better progress of construction activities.
