George Kent: 2Q net profit down but results 'credible' despite LRT3 work disruption
KUALA LUMPUR (Sept 26): George Kent (Malaysia) Bhd's net profit dipped slightly by 3.
KUALA LUMPUR (Sept 26): George Kent (Malaysia) Bhd's net profit dipped slightly by 3.
KUALA LUMPUR (Aug 7): The government would have to pay a RM4.
KUALA LUMPUR (July 30): MRCB George Kent Sdn Bhd (MRCBGK), the project delivery partner of the 37km light rail transit Line 3 (LRT3) project, said it has been cooperating closely with the finance ministry in reducing the cost of the project, welcoming media reports that the authorities have begun investigations into the LRT3 to determine if there were elements of corruption and financial mismanagement.
KUALA LUMPUR (July 23): A chunk of the increase in costs for the light rail transit Line 3 (LRT3) project — from RM9 billion to RM31.
KUALA LUMPUR (July 13): Shares of Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd were among the most active counters in the morning trade today, as the Pakatan Harapan led-government gave the green light to carry on the light rail transit 3 (LRT3) project yesterday.
KUALA LUMPUR (July 13): Shares in George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) rallied yesterday after Finance Minister Lim Guan Eng announced that the cabinet had approved the continuation of the light rail transit Line 3 (LRT3) project at a final cost of RM16.
KUALA LUMPUR (July 12): Shares of George Kent (M) Bhd and Malaysian Resources Corp Bhd (MRCB) rose this morning, after the Pakatan Harapan government approved the continuation of the light rail transit 3 (LRT3) project at a final cost of RM16.
KUALA LUMPUR (July 12): The government has decided that Prasarana Malaysia Bhd will not be taking over the light rail transit line 3 (LRT3) project from the appointed project delivery partner (PDP), nor will it be calling it off.
PETALING JAYA (July 10): Almost RM6 billion can be shaved from the cost of the light rail transit line 3 (LRT 3) project if it follows its original design, reported The Star citing sources.