Kimlun rises 5.33% on bagging RM80.43m construction job
KUALA LUMPUR (June 7): Kimlun Corp Bhd rose 5.
Chin Hin sells shopoffices for RM21.2m in related party deal
KUALA LUMPUR (June 7): Chin Hin Group Bhd will sell 17 units of three-storey shopoffices to Chin Hin Building Materials Supply (JB) Sdn Bhd (CHBMS) for RM21.
ECRL may be deferred or terminated, says PM
PUTRAJAYA (June 6): The government may defer or terminate the RM55 billion East Coast Rail Link (ECRL) which is still being studied, said Prime Minister Tun Dr Mahathir Mohamad.
'Not the first time we have done such a transaction' — ex-governor Muhammad Ibrahim
KUALA LUMPUR (June 6): Former governor of Bank Negara Malaysia (BNM) Tan Sri Muhammad Ibrahim, whose resignation Prime Minister Tun Dr Mahathir Mohamad today confirmed he has accepted, said the purchase of Lot 41 land was not the first time the central bank has done such a transaction.
RM22b of compensation, penalty charges if ECRL cancelled
PETALING JAYA (June 6): If the government plans to terminate the East Coast Rail Link (ECRL) project, it will have to pay about RM22 billion in compensation and penalty charges, reported The Malaysian Insight.
Low construction visibility seen in medium term
Construction sector Maintain neutral: The Kuala Lumpur Construction Index plunged 26.
BNM declines to comment on market talk of governor's resignation
KUALA LUMPUR (June 5): Bank Negara Malaysia (BNM) declined to comment on strong market talk that governor Tan Sri Muhammad Ibrahim (pictured) has submitted his resignation.
Matrix Concepts mulls affordable housing venture in Indonesia
PUTRAJAYA (June 5): Matrix Concepts Holdings Bhd is considering tapping into Indonesia’s affordable housing market within three years.
KPKT looking at redeveloping Highland Towers site
PUTRAJAYA (June 5): The Housing and Local Government Ministry (KPKT) will be setting up a committee to study the feasibility of redeveloping the land surrounding the ill-fated Highland Towers in Ulu Klang, Selangor.
