PETALING JAYA (Feb 3): Gamuda Land, the property arm of Gamuda Bhd, is celebrating the Lunar New Year by giving away 2,017 Touch ‘n Go cards that have been preloaded with RM30, starting Feb 2 to 5.
THE Malaysian property market has gone through a difficult patch and while no one can predict the future accurately, 2017 is not expected to be rosy either.
KUALA LUMPUR (Jan 4): Malaysians will likely face higher taxes in future to help the government pay for the construction cost of the mass rail transit (MRT) project, which may hit above RM100 billion, according to Pandan member of parliament Mohd Rafizi Ramli.
KUALA LUMPUR (Jan 3): The construction sector is expected to remain a bright spot amid the less-than-rosy prospects of the wider domestic and global economies — which are facing a multitude of uncertainties — with better earnings anticipated following the exceptional value of job awards seen last year.
KUALA LUMPUR (Dec 30): The project delivery partner (PDP) for Klang Valley mass rapid transport (MRT) Line 1 yesterday confirmed that the RM21 billion cited by the government as the project’s total cost excluded “other associated costs”.
KUALA LUMPUR (Dec 28): PKR lawmaker Rafizi Ramli today reminded that the final development cost for Klang Valley Mass Rapid Trasit (MRT) Line 1 should include RM7 billion payable to project consultant MMC Gamuda KVMRT (T) Sdn Bhd (KVMRT).
KUALA LUMPUR (Dec 24): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said today the original cost estimate of RM40 billion for the construction of the Klang Valley MRT (KVMRT) project is "no longer relevant" to be used for comparison with the current project that has materialised.
Construction sector Maintain overweight: Last Friday, a day after the official launch of phase 1 of the mass rapid transit (MRT) Sungai Buloh-Kajang (SBK) line, we hosted a group tour for 10 domestic fund managers to experience the country’s first MRT system.
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