News about Terengganu

KUALA LUMPUR (May 4): SKH Consortium Bhd announced today it is pulling out as the managing contractor for a Terengganu development for which it was appointed in 2015, to mitigate business and financial risks it was exposed to.

KUALA LUMPUR (April 18): The RM55 billion East Coast Railway Link (ECRL) project can improve household income and youth unemployment for the people of the east coast, said MIDF Amanah Investment bank Bhd Research.

KUALA LUMPUR (April 12): The construction of the high-impact East Coast Rail Link (ECRL) in Kelantan is progressing slightly ahead of schedule according to Malaysia Rail Link Sdn Bhd (MRL), which is optimistic about the economic spin-offs the connection will bring to the region.

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.

KUALA LUMPUR (March 15): T7 Global Bhd has entered into a new memorandum of understanding (MoU) with Terengganu state-linked corporation Eastern Pacific Industrial Corp Bhd (Epic) and CMC Engineering Sdn Bhd, a wholly-owned bumiputera company, to form a consortium to undertake the construction of the RM60 billion East Coast Rail Line (ECRL) project’s Terengganu parcel.

KUALA TERENGGANU (Feb 20):  The Ministry of Urban Wellbeing, Housing and Local Government has approved the allocation of RM11 million for the upgrading of 17 medium-low and low cost flats in Terengganu since 2014 until last year.

KUALA LUMPUR (Jan 23): Seacera Group Bhd has bagged a RM202.

Vivocom International Holdings Bhd (Dec 4, 13 sen) Maintain buy recommendation with an adjusted target price (TP) of 33 sen per share: Vivocom International Bhd’s nine-month financial year 2017 (9MFY17) earnings came below expectations.

KUALA LUMPUR (Oct 26): Malaysia Rail Link Sdn Bhd (MRL), the project owner of the RM55 billion East Coast Rail Link (ECRL) project, has commenced soil investigation, as well as set up base camps on multiple sites in Kelantan, Terengganu and Pahang.

KUALA LUMPUR (Oct 23): T7 Global Bhd has entered into a memorandum of understanding (MoU) with three private companies to form strategic partnerships for the construction of the East Coast Rail Line (ECRL) project.