Pintaras Jaya gets additional piling project in Singapore for RM91m
KUALA LUMPUR (Aug 17): Pintaras Jaya Bhd’s unit has secured a piling contract in Singapore worth RM91 million (S$30 million).
Hotels facing headwinds
Visit Malaysia Year 2020 (VMY2020) is around the corner, but the hospitality sector does not have high hopes that it will be a key performance driver for the sector.
IRB's suit against Najib: Court sets Sept 6 to fix hearing date for stay application, summary judgement
KUALA LUMPUR (Aug 16): The High Court has set Sept 6 to fix the hearing date for two separate applications by Datuk Seri Najib Razak and the Inland Revenue Board (IRB) in relation to the RM1.
Another delay in Ku Nan's RM1m corruption trial
KUALA LUMPUR (Aug 16): The trial of Datuk Seri Tengku Adnan Tengku Mansor for allegedly receiving RM1 million bribe in relation to a development along Jalan Semarak will likely be postponed from its initial commencement of Sept 3.
Witness insists Teras Dara Konsortium companies were under Jamaluddin Jarjis’ control
KUALA LUMPUR (Aug 15): Mohamad Najeb Ali, the first witness in the late Tan Sri Jamaluddin Jarjis’ family dispute, insisted that the group of companies under Teras Dara Konsortium Sdn Bhd (TDK) were run by the late Minister.
George Kent, MRCB say LRT3 project funding dispute is over priority of options
KUALA LUMPUR (Aug 16): Both George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) yesterday clarified that the dispute between them over the financing requirements for their joint venture (JV) company that is undertaking the Light Rail Transit 3 (LRT3) project is to do with the priority of funding options.
Damansara Realty's 2Q earnings lifted by JV project, lower expenses
KUALA LUMPUR (Aug 15): Damansara Realty Bhd recorded improved second quarter earnings, thanks to lower operating expenses and contribution from its joint venture (JV) development in Central Park, Johor Bahru.
Fajarbaru forms JV with China’s Gezhouba Group for solar plant bid
KUALA LUMPUR (Aug 15): Fajarbaru Builder Group Bhd and its wholly-owned Potential Region Sdn Bhd have inked a joint venture agreement with China's Gezhouba Group Overseas Investment Co Ltd (CGG) to bid for the construction of a large scale solar photovoltaic (LSS3) energy generating facility here.
Cypark bags RM12.53m road construction contract
KUALA LUMPUR (Aug 15): Cypark Resources Bhd has bagged a contract worth RM12.
