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CIVIL works on the multi-billion ringgit electrified double tracking rail project linking Johor Baru to Padang Besar could be completed in three years, according to a proposal by Malaysia Mining Corp Bhd (MMC) which submitted a tender bid jointly with Gamuda Bhd last month.
IT is no surprise that TSH Resources Bhd group managing director Datuk Kelvin Tan is less than happy about the price-earnings (PE) ratio the company's shares are commanding.
PETRA Perdana Bhd has regained favour with oil and gas sector analysts with its stepped-up foray into the marine transportation business.
Cash-rich Sime Darby Bhd is hot on the acquisition trail. It has made a bid for a controlling stake in Hyundai-Berjaya Corp Bhd (HBJ) and has also approached Jaya Holdings Ltd with an offer to take over the Singapore-listed oil and gas services company, sources said.
THE manufacture of steel water pipes has become a major income spinner for Sarawak-based KKB Engineering Bhd, contributing more than 25% to its group revenue of RM61.3mil for the year ended Dec 31, 2003, KKB group managing director Kho Kak Beng said.