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Penang LRT project to start next year

KUALA LUMPUR: Construction of the proposed Komtar-Bayan Lepas Light Rail Transit (LRT) project, part of Penang's multi-billion ringgit Transport Master Plan (PTMP), is expected to begin next year.

Quick take: CBIP shares up on contract win

KUALA LUMPUR: Shares in CB Industrial Product Holding Bhd (CBIP) rose marginally in early trade Tuesday after securing RM71mil palm oil mills job.

Analyst report

CIMB Research is maintaining its add recommendation for RHB Bank following the bank’s base-rate hike of 10 basis points to 4% as the interest income earned will be raised from its loan portfolio.

Dialog projects on track

PETALING JAYA: Dialog Group Bhd’s expansion projects are on track and nearing completion, with Pengerang Phase 2 joint-venture (JV) profit contributions expected to commence in the second half of the year.

ECRL project revival to benefit many sectors

PETALING JAYA: The revival of the East Coast Rail Link (ECRL) project is set to benefit local rail-based construction players, create a spillover effect for local port operators and potentially open up corridors for property development routes.

CBIPH bags RM71mil palm oil mill contract in PNG

KUALA LUMPUR: CB Industrial Product Holding Bhd’s (CBIPH) wholly-owned subsidiary, PalmitEco Engineering Sdn Bhd, has bagged a RM71.17mil contract from New Britain Palm Oil Ltd to build palm oil mills in Markham Valley, Papua New Guinea (PNG).