Advancecon sees ‘significant’ earnings growth in FY17

KUALA LUMPUR (June 20): Earthworks and civil engineering firm Advancecon Holdings Bhd, en route to list on the Main Market of Bursa Malaysia on July 10, expects “significant” growth in net profit for the current financial year ending Dec 31, 2017 (FY17) on strong order book.

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High Court allows EKVE developer to be intervenor

KUALA LUMPUR (June 8): The High Court here yesterday allowed an application by the developer of the East Klang Valley Expressway (EKVE) project to be an intervenor in a lawsuit by three environmental organisations to challenge the Selangor Forestry Department’s decision to close Taman Rimba Ampang (Ampang Forest Park) to make way for the project.

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