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Works on RM4.6bil Jelas Expressway begin
KUALA LUMPUR: BMT Jelas Sdn Bhd has started preliminary works for the proposed RM4.6bil expressway that will connect Jelapang in Ipoh to Batu Kawan in Penang.
MQ Technology enters Cambodia casino market
ACE Market-listed MQ Technology Bhd (MQTech) is venturing into the nascent Cambodia casino market in a joint venture to develop a gaming resort and theme park in the country, sources tell StarBizWeek.
MQ Technology’s rights issue undersubscribed
KUALA LUMPUR: Tool and die maker MQ Technology Bhd’s rights issue with warrants, partly aimed at raising funds for its diversification into the theme park business, was undersubscribed by 34.22%.
NWP ventures into construction with a RM22mil contract
KUALA LUMPUR: NWP Holdings Bhd’s wholly-owned subsidiary NWP Builder Sdn Bhd has been appointed as the main contractor of Listari Marina (MM2H) Sdn Bhd’s (LMH) proposed development of serviced suites in Malacca for RM22mil.
NWP enters into MoU with Listari Marina for property project
KUALA LUMPUR: NWP Holdings Bhd has been appointed by Listari Marina (MM2H) Sdn Bhd as the main contractor on the proposed development of 160 units services suites in Malacca.
Affin Research upgrades Aeon, higher target price
KUALA LUMPUR: Affin Research has upgraded Aeon Co. (M) Bhd to “Reduce” from “Sell” with a raised target price of RM13.80 from RM12.13.
Kenanga Research retains Underperform call on Aeon
KUALA LUMPUR: Kenanga Investment Research is maintaining its Underperform call on department store operator Aeon Co. (M) Bhd with a lower target price of RM13.78 from RM13.83.
Benalec set to win Johor job
PETALING JAYA: Benalec Holdings Bhd, which has requested for its stock to be suspended pending an announcement, is close to securing a land reclamation project that will cover about 5,000 acres in Tanjung Piai in the southwestern tip of Johor, sources said.
In Ipoh property boom prices up more than 30%, on par with KL and Penang
IPOH: The prices of properties in Ipoh have skyrocketed in prime locations to be almost on par with those in Kuala Lumpur and Penang.
MAAKL: No tie-up with Listari Marina
PETALING JAYA: MAAKL Mutual Bhd says it has no tie-up with developer Listari Marina (M) Sdn Bhd in a property project or sale of unit trusts.
