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Salcon’s RM232mil contract wins fail to excite investors
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.
Govt to inject additional RM333.5mil into Sapangar Bay port project
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.
Nurturing bumiputra companies
INCREASINGLY, government-linked companies (GLCs) have taken on the responsibility to nurture bumiputra entrepreneurs – an action that has come about at the behest of the Government.
New chairman’s task to sustain PNB’s returns
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.
Construction of first phase of Warisan Merdeka development under way
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.
Suria Capital buys land to build int'l cruise terminal
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.
IOI Properties bucks the trend
AT a time where the property scene locally is experiencing a down cycle, IOI Properties Group Bhd (IOI Prop) seems to be performing well.
IOI Prop’s Marina Bay land purchase raises eyebrows
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.
Mass-market projects the way to go in 2017
Developers need to review portfolio, targets in view of market conditions
Positive construction sector in 2016 amid global uncertainty
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).