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Joint venture company to be set up to operate, maintain ECRL

PUTRAJAYA: Malaysia Rail Link Sdn Bhd and the China Communications Construction Company Ltd (CCCC) will set up a joint venture company to participate in the operations and maintenance of the East Coast Rail Link (ECRL) project.

ECRL revival bodes well for local construction sector

KUALA LUMPUR: There is expected to be more local participation in the revived East Coast Rail LInk project from the supply of material to awarding work to local beneficiaries, says Affin Hwang Capital research.

Kajang-Putrajaya rail link may be revived

PETALING JAYA: Plans are afoot to revive the abandoned RM400mil Putrajaya rail link with an additional extension up to the Kajang mass rapid transit (MRT) station.

Dayang Enterprise in MoU for Melaka job

KUALA LUMPUR: Dayang Enterprise Holdings Bhd has entered into a memorandum of understanding (MoU) with PKNM Energy Sdn Bhd and Main Velocity Sdn Bhd (MVSB) to establish a cooperation and collaboration in exploring, securing and operating any projects in Melaka.

Ti: Consider more local contractors for ERCL job

KUALA LUMPUR: While the government is re-negotiating the East Coast Rail Link (ECRL) contract, it would be good to include and consider more participation by local contractors if the project takes off again, said MCA vice-president Senator Datuk Seri Ti Lian Ker.

White House drafts emergency order Trump could issue over wall funds - CNN

WASHINGTON (Reuters) - The White House is preparing an emergency declaration that President Donald Trump could issue as a way to circumvent Congress if lawmakers do not provide funding for a wall along the U.S. southern border, CNN reported on Thursday, citing internal documents.

TSR Capital gains 6% on Gemas-Johor Bahru electrified double-track subcontract

KUALA LUMPUR: Shares of TSR Capital Bhd rose in early trade Tuesday, after the company announced that it has secured a RM307mil contract for Gemas-Johor Bahru electrified double-track project.

TSR unit wins subcontract job for Gemas-Johor Baru double track project

PETALING JAYA: TSR Capital Bhd has received a RM307mil subcontract job for the Gemas-Johor Baru electrified double-tracking project from Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd.

Government decisions have cleared up uncertainties in MRCB

KUALA LUMPUR: The government's decision to continue with the construction of the Light Rail Transit 3 (LRT3) and compensate for the Eastern Dispersal Link (EDL) has cleared the uncertainties in Malaysian Resources Corp Bhd (MRCB), says AmInvestment Bank Research.

CIMB Research retains underweight on construction after ECRL scrapped

KUALA LUMPUR: CIMB Equities Research is maintaining its Underweight rating on the construction sector following the cancellation of the East Coast Rail Link (ECRL).

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