Rafizi questions financial viability of ECRL

KUALA LUMPUR (Nov 17): Lawmaker Rafizi Ramli (pictured) has questioned the financial viability of the RM55 billion East Coast Rail Link (ECRL), citing the under-utilisation of an existing 70km rail track which connects Kertih to Kuantan and Port Kuantan.

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Bina Puri to acquire more of Ideal Heights

CONSTRUCTION outfit Bina Puri Holdings Bhd is understood to be looking to raise its shareholding in Ideal Heights Properties Sdn Bhd from the existing 12%, a source familiar with the matter tells The Edge.

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IJM banking on construction for FY17 growth

SUBANG JAYA (Aug 25): With the outstanding order book at an all-time high and more infrastructure contracts being dished out, IJM Corp Bhd said its construction division can make up for the slowdown in the property business.

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