EPF grants Ekovest extension till February 2026 to implement exit plan from Duke
In 2016, Ekovest said it was disposing of its 40% equity interest held in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi) to the EPF for RM1.
Land acquisition for MRT3 expected to be completed in two years
MRT Corp is currently focusing on the land acquisition process, which involves over 1,000 lots of land, the majority of which are private lots.
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.
Putrajaya extends ERL concession period by 30 years after seven-year negotiations, says Loke
"We have given the commitment to signing the supplementary concession agreement, so that they can plan to invest in their assets.
Putrajaya, ERL ink supplementary concession agreement with new market-driven fare structure
Loke said the supplementary concession agreement is seen as a win-win situation between ERL and users, where the best service can be provided by ERL without burdening the operation in terms of costs.
Aerotrain win takes value of IJM's jobs secured to 75% of FY2024's RM4b target, says RHB Research
This is based on IJM's 60% share in the project amounting to RM106 million that its subsidiary IJM Construction Sdn Bhd (IJMC) is undertaking with Pestech International Bhd's unit Pestech Technology Sdn Bhd, which has the remaining 40% share.
Advancecon secures RM21m subcontract from CCC-ECRL
The group’s 51%-owned indirect unit Spring Energy Sdn Bhd accepted the subcontract from CCC-ECRL on Wednesday for the construction and completion of subgrade works, Section 8 from CH518+388.
