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Coastal Contracts announced it is investing RM19.

On Thursday, Econpile announced that it had been awarded earthworks contract worth RM83 million from BRDB Developments Sdn Bhd.

Coastal Contracts said the acquisition is part of the group’s strategy to deliver its long-term sustainable growth and value creation to its shareholders as well as to diversify its income streams by identifying and engaging in new viable business.

The sub-contract works are for the proposed development of 146 units of villa residences, including common facilities and club house in Taman Duta, Bukit Tunku, Kuala Lumpur.

According to the judgement dated March 7, the High Court ordered CDS to pay businesswoman Suriati Mohd Yusuf RM200,000 in damages, along with RM50,000 in costs, for an inaccurate negative credit rating.

On Wednesday, the steel structure fabrication company announced that it has secured four new contracts in Saudi Arabia, the United Arab Emirates and India.

Tropicana said the termination enables the group to save on such development costs associated with the Pantai Kok land, which will allow the group to allocate financial resources more efficiently towards the other existing businesses.

DONE DEAL: Condominium, Bukit Ceylon, Kuala Lumpur DONE DEAL: Terrace house, Putra Heights, Selangor Bukit Ceylon’s property transaction values are as diverse as the demographics that live and work in the area.

Eversendai executive chairman and group managing director Tan Sri AK Nathan: Despite going through a very challenging period in the last few years, exasperated by Covid-19 and its related impacts, Eversendai is optimistic that the group will be able to strongly rebound as a result of the record high order book, which will translate in optimum utilisation of all the group's fabrication facilities.

The High Court last week decided in favour of a businesswoman, Suriati Mohd Yusuf, in a defamation case she brought against CTOS’ wholly owned unit CTOS Data Systems Sdn Bhd (CDS).