Ekovest’s River of Life package win to help it take on similar projects in future
Ekovest Bhd (March 14, 95.
JAKS to raise RM69m via placement
KUALA LUMPUR (March 15): JAKS Resources Bhd has proposed a placement to raise RM68.
JAKS Resources could lose RM50m in dispute with Star
KUALA LUMPUR (March 15): JAKS Resources Bhd, in a dispute with Star Media Group Bhd over the completion and delivery of a property project in Section 13, Petaling Jaya, could end up paying RM50 million in a worst-case scenario, Affin Hwang Investment Bank Bhd said, which would have a negative impact of RM25.
Epic, CMC, T7 Global sign new MoU on ECRL project, Chinese firm excluded
KUALA LUMPUR (March 15): T7 Global Bhd has entered into a new memorandum of understanding (MoU) with Terengganu state-linked corporation Eastern Pacific Industrial Corp Bhd (Epic) and CMC Engineering Sdn Bhd, a wholly-owned bumiputera company, to form a consortium to undertake the construction of the RM60 billion East Coast Rail Line (ECRL) project’s Terengganu parcel.
Glomac 3Q net profit falls 20% due to cost savings in prior year
KUALA LUMPUR (March 14): Glomac Bhd reported a 19.
Income tax becomes due from MK Land as court disallows appeal
KUALA LUMPUR (March 14): MK Land Holdings Bhd said the RM80.
Site-clearing at Taman Rimba Kiara begins to residents’ dismay
PETALING JAYA (March 14): Residents in Taman Tun Dr Ismail (TTDI), Kuala Lumpur are “outraged” to discover that clearing work has begun at Taman Rimba Kiara (TRK), marking the start of the proposed high-rise development that is still pending a court hearing.
Co-living seen as answer to affordable housing in Hong Kong
KUALA LUMPUR (March 14): Could co-living be the solution for increasingly unaffordable homes in the world’s urban centres? Does one have to own a property to call it a home? Some people are thinking out of the box.
Retail industry grew 3.1% in 4Q2017, below expectation
KUALA LUMPUR (March 14): The Malaysia retail industry reported a modest growth rate of 3.
Paramount registers 62% increase in profit before tax for FY17
PETALING JAYA (March 14): Paramount Corp Bhd (PCB) recently announced its full-year financial results for FY17, posting a strong 62% growth in profit before tax (PBT).
