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UEM Sunrise Bhd is disposing 163.92 acres of freehold land in Iskandar Puteri to Country View Bhd for RM310mil. The proposed disposal is expected to be completed in the third quarter next year.
PETALING JAYA: Salcon Bhd, a diversified water and wastewater engineering company, is expected to post a strong earnings improvement in the second half of this year, supported by contributions from the company’s construction business, according to CIMB Research.
KUALA LUMPUR: Ranhill Holdings Bhd, which is involved in water supply services and power sector, aims to increase its power generation capacity to 1,000 megawatts (MW) by 2020 from 380 MW currently.
PETALING JAYA: Salcon Bhd, a diversified water and wastewater engineering company, expects its recent turnaround in the fourth quarter to sustain into the financial year ending Dec 31, 2017 (FY17).
IN the last three years, Datuk Seri Che Khalib Mohamad Noh has slowly been working out his strategies for MMC Corp Bhd. A person who is widely seen as being able to not only restructure companies but also run a tight ship, Che Khalib sees MMC as being best positioned to benefit from the boom in online commerce.
KUALA LUMPUR: CIMB Equities Research says the delays in the water consolidation in Selangor is slightly negative for Salcon’s tender book, as most of the group’s RM2bil jobs in tender are outside of Selangor.