Zenith proposes Penang undersea tunnel alternative
PETALING JAYA (July 2): Consortium Zenith Construction (CZC) Sdn Bhd is proposing to build a bridge in lieu of the RM6.
GLC architect remanded over investigations into RM300m projects
PETALING JAYA (July 1): An architect with a government-linked company (GLC) has been remanded for five days to assist in investigations into the awarding of tenders for RM300 million worth of construction projects, reported Bernama.
GLC CEO remanded by MACC freed on bail
PETALING JAYA (Jue 30): The CEO of a government-linked company (GLC) who was remanded on Thursday (June 28) by the Malaysian Anti-Corruption Commission (MACC) over allegations of abuse of power involving construction projects valued at RM300 million was freed by the Magistrate’s Court at Putrajaya today, reported Bernama.
ECRL concerns ‘very similar’ to Hambantota — CCCC
HONG KONG (June 29): The main contractor for the East Coast Rail Link (ECRL) project, China Communications Construction Co Ltd (CCCC) has likened concerns over the Malaysian project to that of Sri Lanka’s troubled Hambantota port.
ECRL main contractor says not very concerned over project review
HONG KONG (June 28): The main contractor for the East Coast Rail Link (ECRL) project, China Communications Construction Co Ltd (CCCC), is "not very concerned" about risks related to the poject's review announced by the new Malaysian government.
Gamuda up 1.55% on 3Q earnings, dividend
KUALA LUMPUR (June 28): Gamuda Bhd shares rose 1.
T7 Global surges after ECRL ‘gets a reprieve’
KUALA LUMPUR (June 26): T7 Global Bhd’s share price surged by as much as 34.
ECRL can proceed with better terms
KUALA LUMPUR (June 26): The government will proceed with the East Coast Rail Link (ECRL) if it can obtain more favourable terms through renegotiation and the project’s cost is brought down, said Prime Minister Tun Dr Mahathir Mohamad.
SunCon keen on KVDT phase 2
PETALING JAYA (June 21): Sunway Construction Group Bhd (SunCon) is keen to participate in the scaled-down tender for Phase 2 of the Klang Valley Double Track (KVDT) project, of which the original cost was deemed too hefty by the Pakatan Harapan government.
China investors still upbeat on Malaysia despite ECRL review
PETALING JAYA (June 18): China’s investors are still upbeat on Malaysia despite the government reviewing the East Coast Rail Line (ECRL) project which had been awarded to a Beijing-linked firm, said the republic’s ambassador to Malaysia Bai Tian.
