Protasco bags RM174.4 mil infrastructure contract
Protasco Bhd has bagged a RM174.4 million infrastructure works contract from Central Spectrum (M) Sdn Bhd.
Protasco Bhd has bagged a RM174.4 million infrastructure works contract from Central Spectrum (M) Sdn Bhd.
Managing director Chung Soo Kiong said the group is on track to deliver higher revenue in the year ending Dec 31, 2107 (FY17), compared with FY16's revenue of RM1.79 billion. Net profit for FY16 stood at RM123.52 million.
Mirvac is a real estate group listed on the Australian Stock Exchange, and creates, owns and manages a portfolio of assets across the office, retail, industrial and residential property sectors in Australia.
Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has awarded an RM342.18 million contract to IJM Construction Sdn Bhd. The contract involves building stations along the MRT Sungai Buloh-Serdang-Putrajaya (SSP) Line.
Iskandar Waterfront City Bhd (IWC) shares gained 3.77% after hitting a 10-year high in May, following speculations among investors over its probable win of the new Bandar Malaysia deal.
Eco World Development Group Bhd had achieved total sales of RM1.705 billion as at end-May for its financial year ending Oct 31, 2017.
Eco World International Bhd has achieved RM1.05 billion sales in 1HFY2017.
"I think for [at least] the next two to three years, [affordable housing] properties will sustain the property market as long the economy continues to grow."
Group is gradually morphing with Bidadari Estate win.
Timber door maker and construction company Anzo Holdings Bhd successfully closed its rights issue on June 9, with 482.41 million shares fully subscribed.