Govt questions valuer's calculation in Semantan Estate claim
The property in question in the long-standing dispute that started in the 1960s covers 263.72 acres.
Gamuda and partner buy Winchester House London for RM1.39b to turn into best-in-class ESG office space
Gamuda's wholly owned Gamuda Land (Labuan) Ltd holds a 75% stake in VB II, while Castleforge’s wholly-owned partnership entity Athelstan Ltd owns the remaining 25%.
HLIB expects stronger 2HFY23 for Gamuda driven by Australian projects
Hong Leong Investment Bank (HLIB) Research has maintained its “Buy” rating on Gamuda Bhd at RM4.14 with an unchanged target price (TP) of RM4.88 and said Gamuda reported 1HFY23 core PATAMI of RM385.0 million, slightly above house and consensus expectations at 52%/55% respectively.
Pasukhas accepts increase in contract value for construction project in Penang
Pasukhas Group Bhd said the value of the contract the group won last year to undertake concrete substructure works for the head building of the Dexcom Malaysia Factory 3 project in Penang has been increased to RM12.7 million from RM7.08 million.
Chin Hin Property Group emerges as major shareholder of NCT after share subscription
Chin Hin Group Property Bhd has emerged as a substantial shareholder of NCT Alliance Bhd, after subscribing to 75.41 million shares in the latter via private placement.
SunCon receives Johor Bahru-Singapore RTS contract worth RM604.86 mil
Sunway Construction Group Bhd has been awarded a contract for the construction of station and viaducts for the Johor Bahru–Singapore Rapid Transit System (RTS) for RM604.86 million.
Gamuda's 2Q profit climbs 9.8% as overseas earnings surge; first half earnings hit all-time high on highway sale gain
Gamuda Bhd posted a net profit of RM194.62 million for its second quarter ended Jan 31, 2023 (2QFY2023), up 9.88% from RM177.13 million in 2QFY2022, as stronger construction and property earnings filled in the void of its highway earnings following the divestments of its four highways last year.
Blueshark launches EV empowerment programme to accelerate adoption of electric motorcycles in Malaysia
Electric vehicle (EV) tech mobility company Blueshark recently launched a new programme called the Malaysia Electric Vehicle Empowerment (MyEVE) to accelerate the adoption and development of electric motorcycles in the country.
Menang Corp shareholders linked to Titian Hartanah cease to be substantial shareholders
Shareholders of Menang Corp (M) Bhd connected to Titian Hartanah (M) Sdn Bhd have ceased to be substantial shareholding of the property developer.