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KUALA LUMPUR: Shares of Ikhmas Jaya Group Bhd rose over 2.3% after it secured a RM405mil Light Rail Transit Line 3 (LRT 3) job.
KUALA LUMPUR: Ikhmas Jaya Group Bhd's unit has accepted a RM405mil contract for works pertaining to the construction of Light Rail Transit Line 3 from Bandar Utama to Johan Setia, from Pembinaan Jaya Zira Sdn Bhd.
KUALA LUMPUR: AmInvestment Research may upgrade its neutral stance for the property sector to overweight if banks are to ease lending policies on properties or consumer sentiment is to improve significantly.
PETALING JAYA: Engineering specialist company George Kent (M) Bhd aims to increase the earnings contribution from its metering business to 50% in the medium term.
PETALING JAYA: Efforts to carry out more efficient management of overpriced projects were why the Federal Government has been successful in reducing the nation’s overall debt and liabilities, says Lim Guan Eng.
PETALING JAYA: Cost rationalisation of overpriced projects was why the government had been successful in reducing the nation's overall debt and liabilities to 75.4% last year, says Lim Guan Eng.
PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) has posted a net profit of RM4.13mil in the first quarter ended March 31, (1Q19) from RM21.52mil in the same period last year, but expects the pace of recognition from the third light rail transit (LRT3) project joint venture (JV) to pick up.
KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) posted pre-tax profit of RM8.4mil in the first quarter ended March 31, 2019 but expects the pace of recognition from the third light rail transit (LRT3) project joint venture to pick up.
Gabungan AQRS Bhd is targeting RM1.5bil worth of new jobs for the financial year ending Dec 31, 2019.
KUALA LUMPUR: Malaysia’s economy performed above expectations in the first quarter of 2019 (1Q19) and the country’s foreign investments staged a strong improvement, amid elevated external challenges. However, despite these positive developments, more warnings signs on the economy have begun to crop up.