News about expressway

KUALA LUMPUR (July 5): Melima Consortium, comprising four subcontractors, stands to lose RM100 million following a legal dispute between the Damansara-Shah Alam Elevated Expressway (DASH) project's turnkey contractor, Turnpike Synergy Sdn Bhd, and main contractor Panzana Enterprise Sdn Bhd.

KUALA LUMPUR (June 21): The recent missed payment by Maju Expressway Sdn Bhd (MESB) of RM50 million principal due in June 2021 on the RM550 million Islamic MTN (IMTN) will not have an immediate impact on the C3/Negative rating of the RM1.

KUALA LUMPUR (June 15): Maju Expressway Sdn Bhd (MESB) has defaulted on its RM50 million bond principal after failing to redeem its outstanding amount, according to facility agent CIMB Investment Bank Bhd.

KUALA LUMPUR (April 26): Piling and foundation outfit Aneka Jaringan Holdings Bhd has secured a RM77.

KUALA LUMPUR (April 9): TCS Group Holdings Bhd has won an infrastructure job worth RM177.

KUALA LUMPUR (Feb 26): Ekovest Bhd's net profit declined 29.

PETALING JAYA (Jan 16): A private construction company has plans to revive a multi-billion ringgit highway project across Petaling Jaya, Selangor, that was scrapped six years ago by former Selangor Menteri Besar Datuk Seri Mohamed Azmin Ali, reported The Edge Malaysia.

KUALA LUMPUR (Oct 29): Highway construction company WCE Holdings Bhd is close to securing a construction works contract worth RM126.

KUALA LUMPUR (Aug 21): Highway construction company WCE Holdings Bhd booked its fifth consecutive quarterly loss with RM30.

KUALA LUMPUR: Boutique property developer Tago (M) Sdn Bhd is aiming to launch a serviced apartment project called Alaia Titiwangsa by end 2020.