News about EC

KUALA LUMPUR (Oct 20): Vivocom Intl Holdings Bhd is forming a 60:40 joint venture (JV) with MACfeam Sdn Bhd to tender for contracts under the East Coast Rail Line (ECRL) project in Terengganu and Pahang.

KUALA LUMPUR (Oct 20): Mitrajaya Holdings Bhd has bagged a job to be the contractor for the main building works for a condominium project in Precinct 15, Putrajaya, for a contract price of RM132.

KUALA LUMPUR (Oct 14): "Fire burns everybody — it doesn't matter if you are rich or poor.

KUALA LUMPUR (Oct 14): Homeowners who want to break down the party wall between their homes and their neighbours’ or otherwise close the gap between their homes should think twice because these renovations could help spread a fire.

Ibraco Bhd (Oct 9, no transaction) Reiterate hold with an unchanged target price of 94 sen: In February, Ibraco Bhd unveiled its first property development outside Sarawak, namely The Continew (GDV: RM415 million) in Kuala Lumpur.

KUALA LUMPUR (Oct 10): Loss-making Sanichi Technology Bhd, whose share price has been on the decline since April, is proposing a rights issue with warrants to raise some RM59.

KUALA LUMPUR (Oct 6): Piling and foundation specialist Econpile Holdings Bhd has bagged a RM48 million contract from Malaysian Resources Corp Bhd (MRCB) for its 9 Seputeh mixed development project at Old Klang Road.

KUALA LUMPUR (Oct 5): The RM55 billion price tag for the construction of the East Coast Railway Link is not as hefty or inflated as some may argue, said Malaysia Rail Link Sdn Bhd (MRL) Infra Director Nor Rizan Mohd Akhir.

PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.

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