News about li

KUALA LUMPUR (July 13): CIMB IB Research has maintained its “Underweight” rating on the construction sector after the Ministry of Finance (MOF) allowed the LRT 3 project to proceed but at a lower all-in cost of RM16.

KUALA LUMPUR (July 13): Shares in George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) rallied yesterday after Finance Minister Lim Guan Eng announced that the cabinet had approved the continuation of the light rail transit Line 3 (LRT3) project at a final cost of RM16.

KUALA LUMPUR (July 12): WCT Holdings Bhd has secured a RM555 million contract from Lendlease Projects (M) Sdn Bhd for a proposed mixed development in the Tun Razak Exchange (TRX) Lifestyle Quarter.

KUALA LUMPUR (July 12): There were loads of gnashing of teeth as different parties bandied about how much can be slashed from the bill to build the light rail transit 3 (LRT 3) project.

KUALA LUMPUR (July 12): The High Court has ordered the two issuing financial institutions to release a RM50 million bank guarantee called on by Star Media Group Bhd in February, in relation to an agreement for the purchase of a piece of land in Section 13, Petaling Jaya for RM135 million.

KUALA LUMPUR (July 12): Steel products maker Atta Global Group Bhd is proposing to acquire two property development companies, Eminent Potential Sdn Bhd and Scanrite Sdn Bhd, for RM7.

Construction sector Maintain neutral.

KUALA LUMPUR (July 12): The Pakatan Harapan government has approved the continuation of the light rail transit 3 (LRT3) project (pictured) at a final cost of RM16.

KUALA LUMPUR (July 12): The government has decided that Prasarana Malaysia Bhd will not be taking over the light rail transit line 3 (LRT3) project from the appointed project delivery partner (PDP), nor will it be calling it off.

PUTRAJAYA (July 11): The National Community Policy (Dasar Komuniti Negara), which will be presented by the Ministry of Housing and Local Government (KPKT) to Cabinet for approval in August, is currently at the planning stage.