KUALA LUMPUR (Dec 6): It is no secret that the Malaysian construction market has slowed down markedly since the 14th general election in May last year, but the situation is so dire that certain contractors are putting in below cost bids just to keep their staff employed.
KUALA LUMPUR (Dec 5): Gamuda Bhd is likely to sign the Project Delivery Partner (PDP) agreement for Penang Transport Master Plan in the ‘next few weeks’, and the first package of Light Rail Transit (LRT) would be awarded by mid-2020, according to managing director Datuk Lin Yun Ling.
KUALA LUMPUR (Nov 30): After logging 13 consecutive quarters of losses, Mudajaya Group Bhd has returned to the black with a net profit of RM812,000 in its third quarter ended Sept 30, 2019 (3QFY19).
PETALING JAYA (Nov 25): Mudajaya Group Bhd’s new major shareholder Kuo Jen Hao is confident the construction and engineering firm will be restored to its former glory.
KUALA LUMPUR (Nov 23): Boh Plantations Sdn Bhd “is looking to divest” 651 acres of its plantation in Southern Klang Valley, Selangor, according to a report by The Edge Malaysia.
PETALING JAYA (November 18): Gamuda Land and Maybank Islamic has teamed up to enhance the former’s GL H.
KUALA LUMPUR (Nov 1): The details of the proposed acquisition of four Gamuda Bhd toll concessionaires, which were supposed to be finalised yesterday between the company and the government, has been extended for another two months, with the latest completion date set no later than March 31 next year, according to the company.