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Business 27 Jan 2012 | 12:00 AM

KEuro unit gets nod to build RM7b Banting-Taiping highway

PETALING JAYA: Kumpulan Europlus Bhd’s (KEuro) 64.2%-owned subsidiary West Coast Expressway Sdn Bhd (WCE) has obtained the Government’s nod to build a 316km highway between Banting, Selangor and Taiping, Perak at an estimated cost of RM7.07bil.

Business 28 Jan 2012 | 12:00 AM

Eye on stock

IJM Corp Bhd was among the top-gaining counters yesterday after its wholly-owned subsidiary was named one of the two main contractors for the My Rapid Transit Sungai Buloh-Kajang line.

Business 28 Jan 2012 | 12:00 AM

IJM and AZRB awaiting letter of award for MRT project

PETALING JAYA: Both IJM Corp Bhd and Ahmad Zaki Resources Bhd (AZRB) have said they are awaiting a formal letter of award (LoA) from MRT Corp for two elevated packages of the My Rapid Transit (MRT) Sungai Buloh-Kajang line.

Business 28 Jan 2012 | 12:00 AM

Europlus’ RM7bil concession needs answers

P Gunasegaram wonders about the 60-year concession period and RM7bil proposed West Coast Expressway.

Business 01 Feb 2012 | 12:00 AM

Construction of the West Coast Expressway expected to take off soon

THE road to realising the West Coast Expressway (WCE) - which Kumpulan Europlus Bhd (KEuro) through its subsidiary has the mandate to build - has proved to be a tough journey.

Business 09 Feb 2012 | 12:00 AM

IJM not expected to up stake in KEuro as future finances may be affected

PETALING JAYA: Construction conglomerate IJM Corp Bhd is unlikely to increase its stake in Kumpulan Europlus Bhd (KEuro) despite the potentially huge contracts spin-off from the RM7.07bil West Coast Expressway (WCE) project that the latter has recently secured.

Business 17 Feb 2012 | 12:00 AM

Chan to exit KEuro?

PETALING JAYA: Tan Sri Chan Ah Chye, the long-time major shareholder, president and chief executive of Kumpulan Europlus Bhd (KEuro) will soon start to make an exit from the company sometime this year, reliable sources said.

Business 06 Mar 2012 | 12:00 AM

Analysts bullish on IJM, lukewarm on KEuro

PETALING JAYA: While analysts are bullish on the potential benefits that IJM Corp Bhd could reap from the recently announced West Coast Expressway (WCE) project, the same cannot be said of their sentiment towards Kumpulan Europlus Bhd (KEuro).

Business 14 Mar 2012 | 12:00 AM

IJM Corp buys 20% of WCE

PETALING JAYA: Construction firm IJM Corp Bhd has bought 5.8 million shares for RM6.75mil in West Coast Expressway Sdn Bhd (WCE), the concession holder of the proposed West Coast Expressway.

Business 15 Mar 2012 | 12:00 AM

IJM’s purchase into concessionaire of West Coast Expressway seems positive

PETALING JAYA: IJM Corp Bhd’s decision to buy into the concessionaire of the West Coast Expressway (WCE) is welcomed by the market as a strong indicator that the controversial project is on track for implementation.