SunCon up 5% after being touted as strong candidate forLRT3, MRT 2 projects
KUALA LUMPUR (Oct 2): Sunway Construction Group Bhd's shares rose as high as 5.
MRCB, George Kent fall after Putrajaya urged to reconsider LRT3's PDP appointment
KUALA LUMPUR (Sept 14): Shares of Malaysian Resources Corporation (MRCB) and George Kent (M) Bhd fell today, after Putrajaya was urged to reconsider the appointment of the two companies as the project delivery partner (PDP) for Light Rail Transit 3 (LRT3) project.
MRCB-George Kent’s win with RM11.5 billion LRT3 bid shocking, say industry insiders
KUALA LUMPUR (Sept 14): Putrajaya has been urged to reconsider its decision to appoint Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd as its project delivery partner for the Light Rail Transit 3 (LRT3) from Bandar Utama to Klang.
LRT3 set to boost MRCB’s earnings
KUALA LUMPUR (Sept 8): Malaysian Resources Corp Bhd (MRCB) expects to see a surge in its earnings by 28% for financial year ending Dec 31, 2016 (FY16) contributed by the RM9 billion light rail transit Line 3 (LRT3) project, the digitalEdge DAILY reported today.
Eco World on track to meet RM3 bil property sales in FY15 despite broader market doldrums
KUALA LUMPUR (Aug 19): Eco World Development Group Bhd is on track to meet its sales target of RM3.
LRT extensions on track to be completed by June next year
KUALA LUMPUR (July 24): The RM1.
Three outfits said to be on shortlist for LRT3 PDP
KUALA LUMPUR (June 22): Three outfits — a joint venture between Naza TTDI Sdn Bhd and China’s CSR Zhuzhou Electric Locomotive Co Ltd (Naza TTDI- CSR Zhuzhou JV), a partnership involving Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd (MRCB-George Kent JV), and UEM Group Bhd — are understood to be the front runners for the role of project development partner (PDP) in the proposed RM9 billion third light rail transit line (LRT3).
MRT2, LRT 3 to boost properties and landbank, says AffinHwang
KUALA LUMPUR (May 18): AffinHwang Capital Research has maintained its “Neutral” rating on the property sector and said the RM25 billion Klang Valley Mass Rapid Transit Line 2 (MRT2) and RM9 billion Light Rail Transit Line 3 (LRT 3) would spur the construction sector (Overweight) growth.
LRT3 aims to spur development at Johan Setia, Klang
KUALA LUMPUR (May 12): The proposed alignment of the Light Rail Transit Line 3 (LRT3) will terminate at Johan Setia in Klang, which is the proposed location for the last station that will be the main depot for the railway scheme, said group managing director of Prasarana Malaysia Bhd Azmi Abdul Aziz (pictured) today at a media conference announcing the public inspection for the LRT3 railway scheme.
THE EDGE REIF 2015: Follow the infrastructure!
PETALING JAYA (April 25): Proposed infrastructure developments in Penang, Iskandar Malaysia and Greater Kuala Lumpur will create opportunities for new property hotspots.
