WCT’s Taing Kim Hwa named MCIEA 2016 CEO of the Year

PETALING JAYA (Sept 29): The managing director of WCT Holdings Bhd, Taing Kim Hwa, was named CEO of the Year at the Malaysian Construction Industry Excellence Awards (MCIEA) 2016 organised by the Construction Industry Development Board Malaysia (CIDB).

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Paramount’s 2Q profit up 70%, plans RM405 mil launches for 2HFY16

KUALA LUMPUR (Aug 18): Property developer and private education operator Paramount Corp Bhd, which announced a 70% increase in its latest quarterly earnings, is planning up to RM405 million new projects and additional phases of existing developments in the second half of the financial year ending Dec 31, 2016 (2HFY16).

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TSR aims to secure 10% of jobs tendered

KUALA LUMPUR (Aug 3): TSR Capital Bhd, which currently has an order book of RM800 million, is tendering RM5 billion worth of construction projects, including the Damansara-Shah Alam Elevated Expressway, Sungai Besi-Ulu Klang Elevated Expressway, and mass rapid transit and light rail transit 3 projects.

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UMLand plans to launch The Apex bungalow in Bangi

BANGI (March 28): United Malayan Land Bhd (UMLand) will be unveiling The Apex bungalow project, which has a gross development value (GDV) of RM289 million, at Putra Hill Residency, Bangi, in June this year, according to UMLand chief managing director Dennis Ng.

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Glomac to roll out RM627m worth of properties in 2HFY16

KUALA LUMPUR (March 24): Property developer Glomac Bhd said it plans to roll out RM627 million new launches in the second half of the financial year ending April 30, 2016 (2HFY16), where four out of the five planned projects are in the affordable landed residential segment.

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