IJM shares fall to 9-year low as MRT3 scrapped, slump in 4Q earnings
KUALA LUMPUR (May 31): Shares in IJM Corp Bhd fell as much as 10.
With MRT3 termination, up to RM100 bil rail jobs to vanish, says CIMB Research
KUALA LUMPUR (May 31): The RM40 billion third mass rapid transit project (MRT3) is “dead in its track” and the downturn in rail contracts has been set in motion, with up to RM100.
Hap Seng targets RM1.3b GDV in launches this year
KUALA LUMPUR (May 31): Plantation and property conglomerate Hap Seng Consolidated Bhd is eyeing the launch of property developments with a gross development value (GDV) of approximately RM1.
Ampang PKR Youth chief denies working with Housing and Local Govt Ministry
PETALING JAYA (May 30): Ampang PKR Youth leader Adam Rosly who faced graft accusations has denied that he is working for Housing and Local Government (KPKT) Minister Zuraida Kamaruddin, who is also Ampang MP and PKR Women’s chief.
Najib defends HSR, could have achieved RM650b in GNI by 2069
PETALING JAYA (May 30): The recently-nixed Kuala Lumpur-Singapore high-speed rail (HSR) would have contributed RM650 billion in gross national income (GNI) by 2069 if it was implemented, said former prime minister Datuk Seri Najib Razak.
Colony secures its largest co-working tenant to date worth RM5.6m
KUALA LUMPUR (May 30): Luxury co-working and serviced office provider Colony has signed on its largest tenant to date, worth RM5.
MRCB 1Q net profit more than doubles, thanks to engineering segment
KUALA LUMPUR (May 30): Malaysian Resources Corp Bhd's net profit for the first quarter ended March 31, 2018 (1QFY18) more than doubled to RM21.
MRCB falls 5.84% after high speed rail project nixed
KUALA LUMPUR (May 30): Malaysian Resources Corp Bhd (MRCB) shares fell 5.
Gamuda falls 6.05% after HSR scrapped and rating downgraded
KUALA LUMPUR (May 30): Gamuda Bhd shares fell 6.
‘Nothing personal’ against Teresa Kok, say Protect Taman Desa Coalition coordinators
PETALING JAYA (May 30): Coordinators of Protect Taman Desa Coalition — Frank Yeh, Philip Phang and M Gunasekar — have defended the statements they made on Seputeh MP Teresa Kok (pictured), stressing that they have “nothing personal” against her and were merely sharing facts.
