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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.
SUNWAY Construction, the contractor in-charge of the Light Rail Transit 3 (LRT3) stretch along Persiaran Tengku Ampuan Rahimah (Klang-bound), has announced that there will be an intermittent traffic diversion on Persiaran Tengku Ampuan Rahimah from Sunday (Aug 25) night until Nov 30,2021, starting from 10pm until 5am daily.
KUALA LUMPUR: Affin Hwang Capital research revised its earnings forecast for Sunway Construction Bhd on the back of delays to its construction earnings recognition and a disappointing 1H19 result.
PETALING JAYA: The ongoing arbitration between the two contractors currently building the Light Rail Transit 3 (LRT3) will not have any impact on the progress of the project. The two are George Kent (M) Bhd and Malaysian Resources Corp Bhd (MRCB). George Kent told StarBiz that project operations were also running normally.