Crest Builder inks MoU with T7 Global to prepare technical proposal

KUALA LUMPUR (Sept 26): Crest Builder Holdings Bhd has entered into a memorandum of understanding (MoU) with T7 Global Bhd to collaborate to prepare a detailed technical proposal for the construction and subsequent execution of works for the proposed mixed development, Latitud8 at Jalan Ampang, according to a filing with Bursa.

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Sapura Energy’s tender book seen to remain strong

Sapura Energy Bhd (Sept 25, 44 sen) Maintain trading buy with an unchanged target price (TP) of 81 sen: Sapura Energy Bhd announced that it had been awarded multiple contracts in four different countries — Malaysia, Australia, Brunei and Nigeria — with a combined value of about RM815 million.

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Pestech bags RM399m subcontract works for Gemas-JB rail track

KUALA LUMPUR (September 26): Pestech International Bhd has bagged a RM399 million sub-contract from Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd to undertake engineering, procurement, construction and maintenance works relating to the electrification system for the electrified double track from Gemas to Johor Baru.

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Temokin Development launches maiden project in Pasir Gudang

PETALING JAYA (Sept 25): Boutique property developer Temokin Development Sdn Bhd, a subsidiary of Temokin Holdings Sdn Bhd, has launched the first phase of its maiden property project – the Mahligai at Nusa Damai, Pasir Gudang, Johor – today, it said in a press release.

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Rehda: 2019 property price turnaround unlikely

KUALA LUMPUR (September 25): Despite reports by property consultancies and real estate agents that say house prices will pick up in the second half of 2019, Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip considers it unlikely.

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