Pasdec CEO steps down on contract expiry
KUALA LUMPUR (July 17): Pasdec Holdings Bhd chief executive officer (CEO) Datuk Zuber Shamsuri will step down from his post following the expiry of his contract today.
KUALA LUMPUR (July 17): Pasdec Holdings Bhd chief executive officer (CEO) Datuk Zuber Shamsuri will step down from his post following the expiry of his contract today.
KUALA LUMPUR (July 13): CIMB IB Research has maintained its “Underweight” rating on the construction sector after the Ministry of Finance (MOF) allowed the LRT 3 project to proceed but at a lower all-in cost of RM16.
KUALA LUMPUR (July 13): Lafarge Malaysia Bhd’s RM270 million cement supply contract for the proposed East Coast Rail Link (ECRL) project has been suspended by China Communications Construction Sdn Bhd, following the suspension of the ECRL project pending a government review.
KUALA LUMPUR (July 13): CIMB IB Research has maintained its “Underweight” rating on the construction sector after the Ministry of Finance (MOF) allowed the LRT 3 project to proceed but at a lower all-in cost of RM16.
KUALA LUMPUR (July 12): Kumpulan Jetson Bhd's wholly-owned subsidiary Jetson Construction Sdn Bhd has bagged a contract worth RM88.
KUALA LUMPUR (July 11): China Communications Construction (ECRL) Sdn Bhd has begun laying off Malaysian staff less than a week after the finance ministry ordered the East Coast Rail Link (ECRL) project suspended.
KUALA LUMPUR (July 9): HSS Engineers Bhd associate company HSS Integrated Sdn Bhd (HSSI) has received a letter from China Communication Construction (ECRL) Sdn Bhd on the suspension of the East Coast Rail Link (ECRL) project, Bernama reported today China Communication Construction (ECRL) Sdn Bhd received the letter from the project owner, Malaysia Rail Link Sdn Bhd, on July 4.
KUALA LUMPUR (July 9): Malaysia Rail Link Sdn Bhd (MRL), the project owner of the RM81 billion East Coast Rail Link, has dismissed today news reports that suggest construction work is continuing on the ECRL despite a suspension order having been issued.
KUALA LUMPUR (July 9): Consortium Zenith Construction Sdn Bhd (CZC), the contractor of Penang’s RM6.
KUALA LUMPUR (July 7): Things between China Communications Construction Co Ltd (CCCC) and its joint-venture (JV) partner George Kent (M) Bhd “is understood to be fraying at the seams because of issues” reported The Edge business weekly in its latest issue.