Zahid: People will reject scrapping of ECRL

PETALING JAYA (April 4): The people will reject Tun Dr Mahathir Mohamad’s promise to stop the East Coast Rail Link (ECRL) project if the opposition coalition wins the 14th general elections, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi (pictured).

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Construction sector’s contract outlook still robust

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.

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Dewan Rakyat passes Limitation, Arbitration bills

KUALA LUMPUR (April 4): The Dewan Rakyat yesterday passed the Limitation (Amendment) Bill 2018, which extends the time limit of up to three years to house buyers to lodge a complaint over latent defects in their properties, Bernama reported.

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WCT’s Subang Skypark deal fails to excite

KUALA LUMPUR (April 4): Shares in WCT Holdings Bhd closed lower yesterday as news that it was acquiring a controlling 60% stake in the operator of the Skypark Terminal at the Sultan Abdul Aziz Shah Airport in Subang, Selangor failed to excite investors.

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Opportunity for Terengganu folk to own homes

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.

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WCT buys 60% stake in Subang Skypark

KUALA LUMPUR (April 3): WCT Holdings Bhd is acquiring a 60% stake in Subang Skypark Sdn Bhd — operator of the Skypark Terminal (formerly Terminal 3) of the Sultan Abdul Aziz Shah Airport in Subang, Selangor — for RM44.

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