KUALA LUMPUR (July 29): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) received over 40 submissions from major players of the construction industry in Malaysia under the request for information (RFI) exercise for the MRT 3 Circle Line project.
SINGAPORE (July 26): Guocoland has placed an offer of more than S$784 million (about RM2.
PUTRAJAYA (July 20): Two Prasarana assets namely the Putra Heights LRT station and the Cheras Selatan Rapid Bus Complex have been converted into the industry vaccination centres (PPVIN) for the land transport sector.
Gamuda 3Q net profit surges to RM141.83m as construction and property projects return to pre-MCO levels
KUALA LUMPUR (June 24): Gamuda Bhd's net profit shot up by 252.
KUALA LUMPUR (April 17): MRT Corp said in its briefing last week said that the MRT3 mega project will be “game changer” with high “spillover effects” that will boost the technological capabilities of local talent, “support socio-economic development across urban areas along the route and create jobs for Malaysians”.
KUALA LUMPUR (April 16): UEM Edgenta Bhd's subsidiary Edgenta Propel Bhd (EPB) is being sued for allegedly failing to complete a RM87 million sub-contract under the Klang Valley Mass Rapid Transit's Putrajaya Line (MRT2) project.
KUALA LUMPUR (April 5): Sunway Group founder and chairman Tan Sri Dr Jeffrey Cheah sees some light at the end of the tunnel for businesses after the Covid-19 pandemic outbreak last year, with a brighter outlook offered by vaccines and pent-up demand.
KUALA LUMPUR (April 5): While the roll-out of the Mass Rapid Transit Line 3 (MRT 3) augurs well for the construction sector, some analysts remain sceptical about the project due to political uncertainty and government funding constraint.