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Business 19 Jun 2017 | 12:00 AM

MRT SBK tunnelling churns RM4.8B contracts for SMEs

THE tunnelling or underground works of the country’s first mass rapid transit (MRT) from Sungai Buloh to Kajang has not only set a milestone in the construction technology landscape but has also created a whole new ecosystem for small and medium enterprises (SMEs) to be involved and gain valuable experience in this multi-billion ringgit project.

Corporate News 10 Jun 2017 | 12:00 AM

Short position

SELANGOR Properties Bhd is one stock that if your mom or dad dabbled in the stock market, would likely hold at one time or another.

Business 06 Jun 2017 | 12:00 AM

Enra partners Emrail in rail projects

PETALING JAYA: Enra Group Bhd has inked a shareholders agreement with Emrail Sdn Bhd to jointly set up a company and provide total engineering solutions and services for rail and track transportation projects in Malaysia.

Property 31 May 2017 | 12:00 AM

Fajarbaru profit up seven-fold

PETALING JAYA: Strong revenue contribution by its property development segment led Fajarbaru Builder Group Bhd’s net profit to surge by more than seven-fold year-on-year (yoy) to RM22.2mil in the third quarter of financial year 2017 ended June 30 from RM2.863mil in the preceding quarter.

Markets 13 May 2017 | 12:00 AM

CREC to build oil terminal at Asia Petroleum Hub

BEIJING: China Railway Engineering Corporation (CREC) has been awarded a contract worth US$400mil (RM1.8bil) for the construction of the oil terminal of the just-revived Asia Petroleum Hub (APH).

Construction 09 May 2017 | 12:00 AM

CIMB Research retains ‘overweight’ rating on construction sector

KUALA LUMPUR: Despite the fallout from Bandar Malaysia and the implications for China-driven contracts, CIMB Research remains optimistic about the job awards from the RM50bil East Coast Rail Line (ECRL) and the RM9bil Gemas-Johor Baru double-tracking project that are long overdue.

Construction 08 May 2017 | 2:41 AM

CIMB Research retains overweight on construction sector

KUALA LUMPUR: Despite the fallout from Bandar Malaysia and the implications for China-driven contracts, CIMB Research remains optimistic about the job awards from the RM50bil East Coast Rail Line (ECRL) and the RM9bil Gemas-Johor Bahru double-tracking project that are long overdue.

Corporate News 05 Apr 2017 | 10:58 AM

WCT secures RM189mil LRT3 depot contract

KUALA LUMPUR: WCT Holdings Bhd has clinched a RM185.9mil contract from Prasarana Malaysia Bhd to build the Johan Setia depot and undertake associated works under the Light Rail Transit Line 3 (LRT3) project.

Business 22 Mar 2017 | 12:00 AM

Affin Hwang: Dialog’s Pengerang Deepwater Terminal phase two on track

PETALING JAYA: Dialog Group Bhd is on track to complete the second phase of its Pengerang Deepwater Terminal (PDT) project, which is located next to Petronas’ Refinery and Petrochemical Integrated Development (Rapid) project in Johor, said Affin Hwang Capital Research.

Construction 11 Mar 2017 | 12:00 AM

Flushed with construction jobs

TWO big ticket projects that will provide a major boost and a new source of contracts for the local construction sector will likely be the RM8bil Gemas-Johor Baru double tracking line, as well as the RM55bil East Coast Rail Link (ECRL) project.

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