George Kent bags RM34.5m job to supply rail profiling machine for Kelana Jaya LRT
Looking ahead, the group said it remains optimistic on opportunities in the rail and infrastructure sector.
Looking ahead, the group said it remains optimistic on opportunities in the rail and infrastructure sector.
This was mainly attributed to an unrealised foreign exchange loss of RM6.
This marks the second project secured by the group this month, following the RM26.
George Kent said its 3QFY2023 performance was affected by the challenging business environment amid inflationary pressures, supply chain delays, labour shortages and elevated oil prices coupled with a volatile ringgit.
KUALA LUMPUR (Oct 20): Following the completion of the disposal of its entire 50% equity interest stake to Malaysian Resources Corporation Bhd (MRCB) last Wednesday (Oct 13), George Kent (Malaysia) Bhd said it is looking forward to exploring new growth opportunities.
KUALA LUMPUR (Sept 27): Malaysian Resources Corp Bhd (MRCB) has on Friday received the final award on costs from the Asian International Arbitration Centre (AIAC), which mediated in the MRCB-George Kent (M) Bhd (MRCBGK) dispute involving both companies' shareholders’ agreement dated June 8, 2015.
KUALA LUMPUR (Sept 13): George Kent (Malaysia) Bhd told Bursa Malaysia today that it has not received any offer from Malaysian Resources Corp Bhd (MRCB) to acquire its stake in the Light Rail Transit Line 3 (LRT 3) project.
KUALA LUMPUR (July 30): MRCB George Kent Sdn Bhd has issued a stop work order to one of its contractors, following the collapse of a scaffolding at a LRT project site in Klang (pictured) yesterday, killing one construction worker and injuring three others.
KUALA LUMPUR (June 21): George Kent (Malaysia) Bhd achieved a net profit of RM11.
KUALA LUMPUR (Jan 4): Prasarana Malaysia Bhd’s non-executive chairman Datuk Seri Tajuddin Abdul Rahman claims that the company has paid RM3.