TH Properties and MRCB launch Padang Residences in RM3.09b Kota Semarak mixed development in KL
Padang Residences is part of the RM3.
Updated: IJM climbs to five-year high after joining consortium to bid for KL-S'pore HSR job
Last Friday, IJM Construction confirmed that it has teamed up with Berjaya Land Bhd’s 70%-owned subsidiary Berjaya Rail Sdn Bhd, Malaysian Resources Corp Bhd (MRCB) and national railway company Keretapi Tanah Melayu Bhd to bid for the project.
MRCB, Berjaya Land and IJM confirm in consortium to bid for KL-Singapore HSR project
Sources said other technical members of the consortium include Japan’s Hitachi Rail STS, which specialises in providing signalling systems, Hyundai Rotem Co, a South Korean company that manufactures rolling stock, and German rail operator Deutsche Bahn AG’s unit DB Engineering & Consulting GmbH.
Berjaya Land, MRCB shares surge following reported partnership on KL-Singapore HSR bid
Notably, BLand shares touched a three-year high, surging as much as 9.
Berjaya Land, IJM, MRCB and KTMB join forces to bid for KL-Singapore HSR job
The consortium led by BRail submitted the request for information (RFI) concept proposal for the project shortly before the submission deadline, according to sources.
MRCB to acquire PJ Sentral office tower development rights from PKNS for RM270 mil
The acquisition consideration will be satisfied through the disposal of malls and several residential units to PKNS, and funding through internally generated funds.
Sentral REIT completes RM450 mil acquisition of Menara CelcomDigi from MRCB
Sentral REIT had on July 25 struck a deal with MRCB’s wholly-owned unit Puncak Wangi Sdn Bhd to acquire Menara CelcomDigi, a 27-storey office building.
MRCB 3Q net profit down on lower revenue from property development, construction segments
MRCB said the decline in revenue was due to much lower contributions from the property development and investment division, as well as the engineering, construction and environment division, following the completion of three major infrastructure construction projects last year and two major property development projects in the first half of 2023 (1HFY2023).
LRT3 on track to be completed by March 2025, says RHB Research
As of end 3Q2023, line-wide progress of the LRT3 construction stood at 86.
Acquisition of Menara CelcomDigi for RM450m is fair and reasonable, says independent adviser
PIVB recommended to non-interested shareholders of MRCB to vote in favour of the resolution pertaining to the proposed acquisition at the extraordinary general meeting on Oct 24.
