Widad widens loss by over ninefold in 3Q to RM7.65m
This is despite revenue more than doubling to RM56.
This is despite revenue more than doubling to RM56.
The contract period spans 156 weeks starting from Dec 4, according to the construction group’s stock exchange filing on Wednesday.
Saloma, 64, has 30 years of experience in capital market and investment banking, specialising in equity and debt capital markets, project financing and credit analysis, according to the group’s filing.
Upon completion, Widad Langkasuka will become a tourist city building on the model of Malay vernacular architecture, a global community based on the archipelago's heritage of designs that adopt local tropical features that are green and eco-friendly.
The contract is for a period of 10 months, from Sept 22, 2022, to July 22, 2023.
KUALA LUMPUR (March 23): Construction and integrated facilities management firm Widad Business Group Sdn Bhd (WBG) said Wednesday (March 23) it is considering a partnership with China-based construction machinery manufacturers SANY Group to leverage the latter’s industrialised building system (IBS) technology for its Langkasuka mega-project — a RM40 billion mixed-use complex in Langkawi.
KUALA LUMPUR (March 10): The Langkasuka project in Langkawi will kick start in the second quarter of 2022.
KUALA LUMPUR (Jan 8): Grand Hoover Bhd (GHB) has bagged three construction contracts worth a total of RM373.
KUALA LUMPUR (March 19): Widad Group Bhd has called off the proposed acquisition of Inovatif Mewah Sdn Bhd for RM122 million from Menang Corp Bhd.
KUALA LUMPUR (March 19): Widad Group Bhd has completed the acquisition of Serendah Heights Sdn Bhd (SHSB), boosting its order book to RM1.