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KUALA LUMPUR: AmInvestment Bank research expects Sunway Construction Bhd's 9MFY19 results to fall short of market estimates due to the slow progress in the Light Rail Transit 3 (LRT3) project.
AFTER several months of uncertainty, the government’s plan to acquire Gamuda Bhd and Lingkaran Trans Kota Holdings Bhd (Litrak) toll highways finally got the nod from the Cabinet - removing a big hurdle.
AFTER 50 years in business, Emporium Makan, one of the oldest food courts in Klang is being demolished to make way for a Light Rail Transit Phase 3 (LRT3) station.
WITH more flashing signs of less propitious global economic backdrop and the risk of a global recession is “high and rising” going into 2020, Malaysia’s real GDP growth is likely to decelerate to 4.5% in 2020 from an estimated 4.7% in 2019.
IT is easy to fathom why the project delivery partner (PDP) for the Pan Borneo Highway is unhappy about the termination of its mandate for the RM16.12bil highway project.
PETALING JAYA: Cement prices are expected to go up by the end of the year, following early signs of recovery that have come about as a result of the acquisition of Lafarge Malaysia Bhd by YTL Cement Bhd.
THREE out of five stall tenants at Emporium Makan in Klang, who were issued eviction notices in July, are determined to continue trading until the construction of the Light Rail Transit phase 3 (LRT3) line begins.
GLOMAC Berhad scored another success with sales take-up of 90% for 121 Residences Block A in the Klang Valley in one weekend during its soft launch via balloting.GLOMAC Berhad scored another success with sales take-up of 90% for 121 Residences Block A in the Klang Valley in one weekend during its soft launch via balloting.
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed the ratings of WCT Holdings Bhd’s RM1bil medium-term notes (MTN) programme and RM1.5bil Sukuk Murabahah programme (sukuk) at AA- and AAIS.
PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) has recorded a net profit of RM11.06mil for its second quarter ended June 30 compared with RM33.45mil in the previous corresponding period, while revenue came in at RM240.97mil compared with RM405.25mil before.