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SALCON Bhd, which has been described by one analyst as a company that would achieve significant turnaround this year, disappointed the market when it reported losses in its first quarter of the year.
KUALA LUMPUR: The Government has boosted the funding allocation to expand the Sapangar Bay Container Port, Sabah’s main container port, by 42% to RM1.134bil.
SIZE does not necessarily mean a better performance and profits. It can also mean having to do a lot of leg-work to sweat the assets. On that score, Permodalan Nasional Bhd (PNB) is one example.
KUALA LUMPUR: The construction of the first phase of the Warisan Merdeka development, which consists of the Merdeka PNB118 iconic tower, is well under way.
KUALA LUMPUR: Suria Capital Holdings Bhd’s plan to develop an international cruise terminal in Kota Kinabalu is moving closer to realisation with the purchase of 11.7ha within the Kota Kinabalu port from the state government.
IT is obvious that IOI Properties Group Bhd (IOIPG) was determined and focused in its bid for the Central Boulevard land in Singapore’s Marina Bay area.
Developers need to review portfolio, targets in view of market conditions
KUALA LUMPUR: Despite global economic uncertainties, the construction industry showed remarkable performance in 2016, led by the infrastructure category which topped the list of projects registered with the Construction Industry Development Board (CIDB).