Major coup for MRCB-Gamuda, YTL-TH Properties

KUALA LUMPUR (April 6): MyHSR Corp Sdn Bhd has appointed the Malaysian Resources Corp Bhd–Gamuda Bhd consortium (MRCB-Gamuda Consortium) and the Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd-TH Properties Sdn Bhd consortium (YTL-THP) as its project delivery partners (PDPs) for the Kuala Lumpur-Singapore high speed rail (HSR) civil works portion.

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Pan Borneo Highway job awards out soon

KUALA LUMPUR (April 2): Twelve work packages for the Sabah portion of the Pan Borneo Highway (pictured) are expected to be awarded over the next two weeks, according to industry sources.

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Ikhmas expected to resume growth trajectory on higher progress billing

Ikhmas Jaya Group Bhd (Feb 2, 56 sen) Maintain buy with an unchanged target price (TP) of 75 sen: Ikhmas Jaya Group Bhd recently announced that it had accepted a letter of award from Mudajaya Corp Bhd to undertake subcontract bored pilling works (Zone 2 and Zone 3) for light rail transit (LRT) 3 package GS01.

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