Prestar eyes highway jobs for earnings sustainability

KUALA LUMPUR (March 21): Prestar Resources Bhd is eyeing highway and associated road projects to deal with the margin squeeze it is currently facing, and the future earnings dilution from the proposed listing of its flat steel manufacturing unit Tashin Holdings Bhd.

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‘Govt takes over Pan Borneo Highway, removes PDP’

  KUALA LUMPUR (March 21): The federal government has decided to ditch the project delivery partner (PDP) model for the entire RM29 billion Pan Borneo Highway project in favour of the turnkey contractor model, sources with knowledge on the matter told The Edge Financial Daily.

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