MGB gets LoI for RM175.2m works
KUALA LUMPUR (June 28): MGB Bhd has received a letter of intent (LoI) from Kemudi Ehsan Sdn Bhd, a subsidiary of LBS Bina Group Bhd, to undertake piling, pile cap and building works including internal infrastructure works valued at RM175.
Gamuda 3Q profit up 17%; MD Lin’s contract renewed for another five years
KUALA LUMPUR (June 28): Gamuda Bhd’s net profit in its third quarter ended April 30, 2018 (3QFY18) grew 17% to RM200.
Giant sand dredger plying Johor-S’pore sand-smuggling route
PETALING JAYA (June 28): A giant sand dredger dubbed the “world’s largest floating vacuum cleaner” has been spotted plying a shipping route between Johor and southern Singapore popular among sand smugglers, reported the Malay Mail.
No aircond for Sabah’s biggest mall for defaulting on RM9.3m electricity bill
KOTA KINABALU (June 27): 1Borneo Hypermall was literally made to take some heat today when it had its power supply partly disconnected for failing to settle its electricity bill amounting to a hefty RM9.
Country View takes over Iskandar Puteri plot on June 29
PETALING JAYA (June 27): Country View Bhd will take delivery of vacant possession of 163.
TA Global defers project launches to next year
KUALA LUMPUR (June 27): TA Global Bhd will hold back the launch of three of its Kuala Lumpur projects this year due to the challenging market environment.
‘FT Foundation not involved in Gombak market redevelopment’
KUALA LUMPUR (June 27): The Federal Territories Foundation (YWP) has clarified that it is not involved in the redevelopment of Pasar Besar Gombak here.
Developer urged to build affordable homes in Taman Wahyu
KUALA LUMPUR (June 27): In the latest development over the planned luxury condominiums in Taman Wahyu, Kepong, the property developer has been urged to construct affordable homes and upgrade infrastructure in the area.
Selangor Properties 2Q earnings clipped on fair value loss, slips into the red in 1H
KUALA LUMPUR (June 26): Selangor Properties Bhd’s net profit for the second quarter ended April 30, 2018 (2QFY18) contracted by 22.