MMC 3Q net profit up 70% driven by KVMRT-SSP Line
KUALA LUMPUR (Nov 26): MMC Corp Bhd saw net profit jump 70.
KUALA LUMPUR (Nov 26): MMC Corp Bhd saw net profit jump 70.
KUALA LUMPUR (Nov 15): Amalgamated Industrial Steel Bhd (AISB) is acquiring five parcels of land near the under-construction Damansara Damai MRT station in Sungai Buloh for RM31 million.
KUALA LUMPUR (Oct 17): Mestron Holdings Bhd has accepted a Project Wide Supply Agreement with MMC Gamuda KVMRT (T) Sdn Bhd to supply and commission LED Tunnel Lighting for Mass Rapid Transit Laluan 2: Sungai Buloh–Serdang–Putrajaya.
KUALA LUMPUR (Oct 15): Opposition lawmakers today lauded government backbencher Nik Nazmi Nik Ahmad for urging the government to revive the Mass Rapid Transit Line 3 (MRT3).
KUALA LUMPUR (Oct 11): The federal government plans to proceed with the Rapid Transit System (RTS) between Johor Bahru and Singapore to solve the long-standing traffic congestion on the Causeway.
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 (Oct 4): The East Coast Rail Link (ECRL) — which is anticipated to have a civil works subcontract value of RM9 billion to RM11 billion — is likely to be the only source of immediate new order book for contractors in the upcoming Budget 2020 despite timing risks for new contract awards, says CGS-CIMB Research.
KUALA LUMPUR (Aug 30): Kimlun Corp Bhd's net profit rose 36.
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.