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 (June 17): TRC Synergy Bhd has secured a subcontract worth RM113.
KUALA LUMPUR (March 27): All projects under Budget 2020 to proceed, including East Coast Rail Link (ECRL), MRT2 and the National Fiberisation and Connectivity Plan (NFCP) will go even with Putrajaya’s RM250 billion economic stimulus package to deal with the COVID-19 pandemic.
KUALA LUMPUR (March 25): Gamuda Bhd saw its second quarter net profit inch up 1.
KUALA LUMPUR (Jan 17): MMC Corp Bhd and Gamuda Bhd have today formalised their roles in the Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya (SSP) line (MRT2) as joint turnkey contractor, from project delivery partner (PDP) previously.
KUALA LUMPUR (Oct 11): Malaysia's real gross domestic product (GDP) is expected to grow by 4.
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).
KUALA LUMPUR (Aug 14): Vertice Bhd’s wholly-owned unit Vertice Construction Sdn Bhd has bagged two contracts worth a combined RM22 million for works on the Mass Rapid Transit Sungai Buloh–Serdang–Putrajaya (SSP) Line, also known as MRT2.