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Suncon wins RM352mil Sunway Velocity Two apartment contract

KUALA LUMPUR: Sunway Construction Group Bhd's (SunCon) unit, Sunway Construction Sdn Bhd (SCSB), has bagged construction works worth RM352.05mil from Akitek Akiprima Sdn Bhd on behalf of Sunway Velocity Two Sdn Bhd (SVTSB).

Stake sale ‘huge positive’ for Sapura Energy

PETALING JAYA: Sapura Energy Bhd’s move to sell a 50% stake in its oil and gas (O&G) exploration and production (E&P) arm to an Austrian giant has been well-received by analysts.

Leaner operations: Sapura Energy’s Sapura Diamante vessel. MIDF Research expects Sapura Energy’s forward earnings to improve further, in particular from savings in operating expenses.

Thai tycoon’s global consortium to bid for rail job

BANGKOK: Billionaire Dhanin Chearavanont’s (pic) Charoen Pokphand Group is teaming up with companies from Asia and Europe to bid for a 225 billion-baht (US$6.8bil) high-speed rail link connecting three international airports in Thailand.

In the race to fill LNG supply gap, project goalposts have changed

LONDON: The race is on for liquefied natural gas (LNG) producers to build export terminals as demand soars, but the criteria for financing such mega-projects have shifted as traditional relationships with LNG consumers have begun to disintegrate.

MRCB getting RM1.32b under EDL settlement deal with govt

KUALA LUMPUR: Malaysian Resources Corporation Bhd's (MRCB) unit has inked a termination and settlement agreement with the government over the concession for the Eastern Dispersal Link Expressway (EDL) in Johor.

MRCB inked a termination and settlement agreement with the government over the concession for the Eastern Dispersal Link Expressway (EDL) in Johor.

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