KUALA LUMPUR (April 5): Malaysia Rail Link Sdn Bhd (MRL), the owner of the East Coast Rail Line (ECRL) project, says only 30% of the total workers involved in the RM60 billion project will be foreigners from China and other Asian countries, allaying concerns that the project is mostly run by the Chinese.
Construction sector Maintain overweight: High-beta construction stocks were among the least favoured in the first quarter of 2018 (1Q18), with the Kuala Lumpur Construction Index falling 9% year to date (YTD), weighed down by global stock market selldown.
KUALA LUMPUR (April 3): The country’s economic progress, especially in the east coast, would be dampened if the East Coast Rail Link (ECRL) is scrapped.
KUALA LUMPUR (April 3): Up to 300 units of 1Malaysia People’s Housing project (PR1MA) homes would be built in each state constituency, Terengganu Menteri Besar Datuk Seri Ahmad Razif Abd Rahman, revealed yesterday.
Pavilion Real Estate Investment Trust (April 2, RM1.
PETALING JAYA (April 2): Permodalan Nasional Bhd (PNB) has completed the disposal of its 90 High Holborn property in London for an undisclosed sum, said its chairman Tan Sri Abdul Wahid Omar.
KUALA LUMPUR (April 2): The Malaysian government has paid Ekovest Bhd's wholly-owned subsidiary EkoRiver Construction Sdn Bhd RM132.
KUALA LUMPUR (April 2): There are now no more toll booths on Batu Tiga and Sungai Risau.
KUALA LUMPUR (April 2): Berjaya Corp Bhd shares fell as much as 6.
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