Gamuda targets RM6b to RM8b orderbook replenishment in FY18
SHAH ALAM (Dec 7): Gamuda Bhd has targeted to replenish its construction orderbook by between RM6 billion and RM8 billion for its financial year ending July 31, 2018 (FY18).
Underground land acquisitions now regulated nationally
PETALING JAYA (Dec 2): The National Land Council (MTN) has agreed to set a minimum depth for acquisition of underground land for development purposes, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.
Gains from land disposal boosts YTL Land & Development’s profit by over nine times
KUALA LUMPUR (Nov 22): YTL Land & Development Bhd's net profit surged by more than nine times to RM78.
CIMB: Gamuda a strong contender for KL-Singapore HSR PDP tender
KUALA LUMPUR (Nov 21): The upcoming appointment of a project delivery partner (PDP) for Malaysia’s portion of the KL-Singapore High Speed Rail (HSR) is seen as a “positive surprise” for Malaysian contractors, said CIMB Research today.
Job win seen to boost IJM order book to RM9b
IJM Corp Bhd (Nov 14, RM3) Upgrade to buy with an unchanged target price (TP) of RM3.
Construction of Line 3 could start as early as 3Q19 — MRT Corp
KUALA LUMPUR (Nov 13): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) expects to kick off construction of the third mass rapid transit line (Line 3) — estimated by analysts to cost around RM40 billion — by as early as the third quarter of year 2019, according to its chief executive officer Datuk Seri Shahril Mokhtar.
Tony Pua: MRT3 'actual' project cost more important than financing cost
KUALA LUMPUR (Nov 13): Malaysia's planned Klang Valley Mass Rapid Transit Line 3's (MRT3) actual project cost is more important than its financing expenses because a more expensive project with cheaper financing will still cost more for the government to build.
Financing a key consideration for MRT3
KUALA LUMPUR (Nov 10): Financing is the key consideration for the Mass Rapid Transit Corp Sdn Bhd concerning the construction of the mass rail transit line 3 (MRT3), where the criteria for its lead contractor have been said to be out of reach of local players.
