Two more MRT2 packages to open for tender in 3Q
KUALA LUMPUR (July 5): Mass Rapid Transit Corp Sdn Bhd (MRT Corp), which announced yesterday the award of three work packages worth RM1.
MRT V205 and V206 packages to be open for tender in 3Q
KUALA LUMPUR (July 4): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said the tender for packages V205 and V206 for the Klang Valley Mass Rapid Transit Sungai Buloh–Serdang–Putrajaya (SSP Line) will be held in the third quarter of the this year (3Q16).
Congestion to worsen in TTDI
PETALING JAYA (July 1): The proposed development of nine blocks of high-rise homes on a 12-acre parcel next to the Taman Rimba Kiara in Taman Tun Dr Ismail (TTDI) is expected to worsen traffic congestion as the existing transport infrastructure is inadequate, said property agents and consultants.
Affin Hwang: Gamuda's earnings visibility 'improved' on RM30b MRT project
KUALA LUMPUR (June 30): Gamuda Bhd's earnings visibility has improved after the builder secured the RM30 billion Mass Rapid Transit (MRT) Line 2 project in the Klang Valley, Affin Hwang Investment Bank Bhd said.
MMC-Gamuda faces RM300m suit over alleged contract breach
KUALA LUMPUR (June 27): MMC Corporation Bhd and its partner in the Klang Valley Mass Rapid Transit (KVMRT) project are being sued for over RM300 million for an alleged breach of contract relating to a land acquisition for the project.
Tropicana Corp plans to unveil three projects in early July
KUALA LUMPUR: Tropicana Corp Bhd plans to launch three new phases in its existing developments in early July, with the phases worth RM889 million in gross development value (GDV), according to the its group managing director, Daniel Teh.
Fewer but bigger LRT3 packages to go around
THE RM9 billion worth of jobs to be awarded under the third light rail transit (LRT) line project by the end of the year has been one of the bigger catalysts in the pipeline for the construction industry.
Bina Puri yet to announce new construction jobs
Bina Puri Holdings Bhd (May 27, 37 sen) Maintain hold with a lowered target price (TP) of 42.
Land Acquisition Act amendments tabled
KUALA LUMPUR (May 20): Subdivided buildings and underground land will be included in the Land Acquisition Act under amendments tabled in Parliament yesterday.