Absence of new infrastructure projects a dampener on construction sector, says RHB Research
Meanwhile, the potential reduction in project cost for the MRT3, from RM50.
Miti approves Tesla’s application to import battery electric vehicles into Malaysia
“We are pleased by Tesla’s decision to establish its presence in the electric vehicle ecosystem in Malaysia.
MBAM and CECCM sign MOU to resolve contractual disputes via mediation
En added that on adjudication alone, fees worth hundreds of millions have been paid by disputing parties since its inception and this does not include legal expenses incurred at various courts and arbitration.
Revised Budget 2023: MBAM urges govt to commence MRT3 project to revive construction sector
“The MRT project is currently already at an advanced stage and should be implemented soonest.
Govt confident of reducing MRT3 costs to below RM45b, says Anwar
“This effort [to reduce the price] is in line with the renewed drive to improve governance, to reduce the procurement cost to achieve savings that can be shared for the benefit of the rakyat.
Putrajaya pledges continued financial support in strategic transport projects in 2023
These financial commitments, together with other commitments of projects under public private partnership (PPP) and private financing initiatives (PFI), will form part of the government’s RM97 billion development expenditure (DE) in 2023.
SunCon's 4Q net profit falls nearly 30% y-o-y on lower contribution from construction segment
Revenue for the construction segment rose 22.
George Kent posts first quarterly loss since 2003 on lower segment profit, forex loss
George Kent said its 3QFY2023 performance was affected by the challenging business environment amid inflationary pressures, supply chain delays, labour shortages and elevated oil prices coupled with a volatile ringgit.
WCE shareholders give nod for disposal of 40% stake in RPSB to IJM Properties
Meanwhile IJM Properties, which currently own 60% in RPSB, will wholly-own the company as IJM seeks to commensurate Bandar Rimbayu, first launched in 2013, as a flagship township development.
Tropicana sells Chin Hin shares to its chairman Danny Tan for RM12.5m
Following the related-party transaction which took place on Feb 15, Desiran Realiti's shareholding in Chin Hin currently stands at 14.
