Dhaya Maju LTAT wins back KVDT2 job, but contract value cut by 15%

KUALA LUMPUR (July 9): Syarikat Dhaya Maju LTAT Sdn Bhd — a 80:20 joint venture between privately-held construction company Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) and Lembaga Tabung Angkatan Tentera (LTAT) — has won back the second phase of the Klang Valley Double Track (KVDT2) rehabilitation contract, 10 months after it was terminated.

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None of SRC's money went to Nik Faisal's account, argues prosecution

KUALA LUMPUR (July 8): The prosecution has argued that none of the money that were transferred from SRC International Sdn Bhd's bank account went into former managing director Nik Faisal Nik Ariff Kamil's bank account, despite the defence's assertions that witness Datuk Suboh Md Yassin's signatures on the bank transfer documents were forged by Nik Faisal.

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Xavier: Sea sand export ban meant to satisfy local demand

KUALA LUMPUR (July 5): Water, Land and Natural Resources Minister Dr Xavier Jayakumar said Malaysia imposed the sea sand export ban after Pakatan Harapan took over the government last May to ensure the country has enough of the commodity to satisfy domestic demand.

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