PJD Link Expressway concessionaire plans listing via reverse takeover of Scomi Energy
By cutting down travel times, business productivity will improve, making the state an attractive location for investments, he said.
Consortium of four subcontractors stands to lose RM100m amid legal dispute between DASH's turnkey and main contractors
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.
Maju Expressway’s missed payment has no immediate impact on MEX Capital’s sukuk rating — RAM Ratings
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.
Maju Expressway defaults on RM50m bond principal
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.
Aneka Jaringan bags RM78m subcontract for West Coast Expressway project
KUALA LUMPUR (April 26): Piling and foundation outfit Aneka Jaringan Holdings Bhd has secured a RM77.
TCS wins RM177m contract for final section of West Coast Expressway
KUALA LUMPUR (April 9): TCS Group Holdings Bhd has won an infrastructure job worth RM177.
Ekovest 2Q net profit down 30% q-o-q as construction, toll segments drag amid renewed lockdown
KUALA LUMPUR (Feb 26): Ekovest Bhd's net profit declined 29.
Construction company plans to ‘revive’ mega PJ highway project
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.
WCE inks deal with Seriemas Development for RM126.8m interchange job
KUALA LUMPUR (Oct 29): Highway construction company WCE Holdings Bhd is close to securing a construction works contract worth RM126.
WCE posts fifth straight quarterly loss; dragged by recognition of interest expenses
KUALA LUMPUR (Aug 21): Highway construction company WCE Holdings Bhd booked its fifth consecutive quarterly loss with RM30.
