Western Digital ready to sell PJ manufacturing site

PETALING JAYA (March 21): Western Digital has decided to sell its hard disk drive (HDD) manufacturing facility site at the Sungei Way Free Trade Industrial Zone (pictured), Petaling Jaya, where the company has been operating for over two decades.

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Prestar eyes highway jobs for earnings sustainability

KUALA LUMPUR (March 21): Prestar Resources Bhd is eyeing highway and associated road projects to deal with the margin squeeze it is currently facing, and the future earnings dilution from the proposed listing of its flat steel manufacturing unit Tashin Holdings Bhd.

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‘Govt takes over Pan Borneo Highway, removes PDP’

  KUALA LUMPUR (March 21): The federal government has decided to ditch the project delivery partner (PDP) model for the entire RM29 billion Pan Borneo Highway project in favour of the turnkey contractor model, sources with knowledge on the matter told The Edge Financial Daily.

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Dr M to Ismail Sabri: ECRL cost query should have been posed when BN drafted contract

KUALA LUMPUR (March 20): Prime Minister Tun Dr Mahathir Mohamad told the Parliament today that Opposition Leader Datuk Seri Ismail Sabri Yaakob raised a rhetorical question on the cost of Malaysia's suspended East Coast Rail Link (ECRL) project, because such query should have been posed when the former government under Barisan Nasional (BN) was still formulating the contract.

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