In a filing with Bursa Malaysia yesterday (Sept 7), it was revealed that OSK only held 89.36% of PJD at the close of the offer yesterday.

The project owner, Prasarana Malaysia Bhd targets to complete the pre-qualification of contractors by December this year and commence construction work in early 2016. The project is due for completion in Aug 31, 2020.

In a filing with Bursa Malaysia yesterday, CHHB said two summonses, dated Aug 17, were received by the company on Sept 4.

The board will present a detailed policy direction on the full implementation of the building information modelling (BIM) system — under which, such 3D plans will be created — at the upcoming launch of the Construction Industry Transformation Programme on Sept 10.

Construction companies need to invest in both software and human capital training to implement BIM in their projects, said CIDB chief executive officer Datuk Sri Judin Abdul Karim at a press conference at National BIM Day today.

“This organisation is founded on the basis that we want to allow women professionals in the industry to grow and to seek opportunities to help them to enhance their careers."

This projection is based on the group’s three-year business plan target until 2016.

Kepong Community Centre head Yee Poh Ping said that 15 residents had fallen victim after paying a fee on the promise of securing a PPR unit.

Optimism hinges on expectations that the take-up rate of its new property township would remain robust plus the contribution from its bauxite mining.

“The companies that secured new projects recently and need to import raw materials may see their margins getting thinner. The worst case scenario is they may face losses if they fail to manage their costs well,” said MBAM president Matthew Tee.