News about EC

Prior to the current earthworks contract for the Gamuda Gardens Park project, Advancecon had previously completed earthworks for the adjacent Gamuda Gardens township in Rawang in 2020.

The group intends to declare a first tranche of dividends amounting to at least RM144 million.

MIDF Research said from a medium-term perspective, policy rate normalisation is needed to avert risks that could destabilise the future economic outlook such as persistently high inflation and a further rise in household indebtedness.

YNH Property was the third most active stock with a trading volume of 233.

Chur Associates founder and managing partner Chris Tan equates buying a property like buying a car, where regular maintenance is needed to upkeep the performance of the car, and the same applies to properties to preserve and enhance their value.

This would be the second land acquisition in Iskandar Malaysia by the group within a span of less than five months.

The group’s 51%-owned indirect unit Spring Energy Sdn Bhd accepted the subcontract from CCC-ECRL on Wednesday for the construction and completion of subgrade works, Section 8 from CH518+388.

MAHB said it has entered into an agreement with Alstom and the IJMC-Pestech joint venture (JV) to steer the aerotrain replacement project back on track.

Under the MOU, BDB Land will undertake to conduct a full land survey on a piece of identified land upon execution of this MOU, and furnish the land survey report to Enfiniti.

“This proposed acquisition brings excitement to the group as it enables us to tap into ETA World’s expertise in the construction and property development of industrial properties, enabling the enlarged group to take advantage and ride on the favourable prospects of the industrial property market.