ECRL to reach 90% completion by December, says Malaysia Rail Link's CEO
The East Coast Rail Link (ECRL) project is progressing on schedule, and is expected to be 90% completed by December this year.
The East Coast Rail Link (ECRL) project is progressing on schedule, and is expected to be 90% completed by December this year.
Minority shareholders of Eco World International Bhd or EWI (KL:EWINT) have been advised to support the property developer’s proposals, including ending its collaboration with Eco World Development Group Bhd (KL:ECOWLD), to pave the way for entry into the Malaysian real estate market.
Singapore-based supply chain management and logistics company, YCH Group’s RM500 million Supply Chain City Malaysia (SCC MY), a smart logistic complex in Bandar Bukit Raja, Klang, is expected to serve as a key enabler of regional connectivity
Paragon Globe Bhd (KL:PGLOBE) returned to profitability in the financial year ended March 31, 2025 (FY2025), reporting a net profit of RM105.64 million compared to a net loss of RM1.24 million in FY2024.
Avaland Bhd (KL:AVALAND) reported a 4.7% drop in net profit for the first quarter ended March 31, 2025 (1QFY2025), mainly due to lower earnings from completed projects like Aetas Damansara and Alira Subang.
Tropicana Corporation Bhd reported a revenue of RM260.4 million in the announcement of its unaudited financial results for the first quarter ended March 31, 2025 (1Q2025).
Manufacturing, property development and construction outfit PRG Holdings Bhd (KL:PRG) is exiting the confinement services business by disposing of its entire 26.21% equity interest in Esther Postpartum Care Sdn Bhd (EPC) for RM1, in line with the group's strategic move to focus on its core business operations.
IJM Corporation Bhd’s (KL:IJM) net profit for the fourth quarter was down almost 30% to RM128.95 million, mainly due to a RM54 million expected credit loss related to the West Coast Expressway.
Chin Hin Group Bhd (KL:CHINHIN) saw its first-quarter net profit double, mainly on contributions from kitchen and wardrobe maker Signature International Bhd (KL:SIGN) and a turnaround in its loss-making property development segment.
Amanahraya Real Estate Investment Trust (AmanahRaya REIT) (KL:ARREIT) is acquiring an industrial building, measuring 132,700 sq ft, in Telok Panglima Garang, Selangor for RM39 million.