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.
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.
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.
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.
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 Holdings Bhd (May 27, 37 sen) Maintain hold with a lowered target price (TP) of 42.
KUALA LUMPUR (May 20): Subdivided buildings and underground land will be included in the Land Acquisition Act under amendments tabled in Parliament yesterday.
Malaysian Resources Corp Bhd (May 13, RM1.
KUALA LUMPUR (May 12): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has awarded four work package contracts for the construction of the MRT Sungai Buloh-Serdang-Putrajaya (SSP) line (MRT2), with a combined value of RM4.
KUALA LUMPUR (May 6): TSR Capital Bhd has bagged a RM90 million contract to undertake earthworks and other associated works for the Serdang depot, as part of the Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya (SSP) Line.
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