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 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.
KLANG (July 29): The metal scaffolding of the LRT3 construction site in Bandar Bukit Tinggi, Klang has collapsed today, reported Malaysiakini.
Prasarana has paid RM3.5b to MRCB-George Kent up to October; didn't withhold payments to the JV, claims chairman
KUALA LUMPUR (Jan 4): Prasarana Malaysia Bhd’s non-executive chairman Datuk Seri Tajuddin Abdul Rahman claims that the company has paid RM3.
KUALA LUMPUR (Dec 31): Prasarana Malaysia Bhd is believed to have withheld payment of more than RM700 million that is owed to 17 contractors and consulting firms for the Light Rail Transit 3 (LRT3) project.
KUALA LUMPUR (March 6): A portion of the Light Rail Transit Line 3 (LRT3) that links Bandar Utama to Johan Setia has a new revised contract price of RM536.
KUALA LUMPUR (Feb 10): MRCB-George Kent Sdn Bhd aims to complete more than 40% of the Light Rail Transit Line 3 (LRT3) by the end of this year.
KUALA LUMPUR (Nov 30): After logging 13 consecutive quarters of losses, Mudajaya Group Bhd has returned to the black with a net profit of RM812,000 in its third quarter ended Sept 30, 2019 (3QFY19).
KUALA LUMPUR (Nov 16): A Klang-based property developer has filed a RM711.
Construction sector Maintain neutral: We expect the upcoming Budget 2020 announcement on Oct 11 to prioritise public transport projects but limited to those already awarded, revised and approved: Light Rail Transit Line 3 (LRT3), Mass Rapid Transit Line 2 (MRT2) and East Coast Rail Link (ECRL).