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Corporate News 15 Jan 2019 | 12:00 AM

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.

Analyst Reports 08 Nov 2018 | 1:09 AM

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.

Analyst Reports 23 Aug 2018 | 12:54 AM

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).

Corporate News 11 Jul 2018 | 12:00 AM

Finance Ministry wants drastic cut in RM31bil LRT3 project

PETALING JAYA: The astronomical cost of the 37-km light rail transit 3 (LRT3) project has to come down drastically from RM31.45bil for the Ministry of Finance (MoF) to support it.

Business 02 Jun 2018 | 12:00 AM

Big changes ahead for construction players

HARDLY a month since Pakatan Harapan formed the federal government, several big changes have already taken place - with many more in the pipeline.

Construction 01 Jun 2018 | 12:00 AM

Order to suspend HSR negotiations

PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, the consortium that was tasked to handle the civil works of the scrapped Kuala Lumpur-Singapore High-Speed Rail (HSR) job, have been instructed to suspend all negotiations relating to the project.

Corporate News 28 May 2018 | 9:10 AM

Mahathir to drop high-speed rail project with Singapore: FT

KUALA LUMPUR: Malaysia plans to drop its plans for a high-speed rail link between its capital, Kuala Lumpur, and Singapore, and will talk with its southern neighbour about the pact to build it, Prime Minister Tun Dr Mahathir Mohamad said in an interview published on Monday.

Corporate News 23 May 2018 | 10:43 AM

WCT says higher margin civil works to sustain growth

KUALA LUMPUR: WCT Holdings Bhd, the construction firm headed by executive chairman Tan Sri Desmond Lim Siew Choon, posted a 17% jump in net profit to RM38.38mil in the first quarter ended March 31.

Business 19 May 2018 | 12:00 AM

HSR, MRT 3 projects may be reviewed

THE Kuala Lumpur-Singapore high-speed rail (HSR) and the Klang Valley mass rapid transit line 3 (MRT 3) projects are likely to be deffered, as the new government looks to review mega-projects in the construction sector.

Business 17 May 2018 | 12:00 AM

Top brass of rail projects summoned by Team of Eminent Persons

KUALA LUMPUR: Top brass in charge of billion-ringgit rail projects, including the Kuala Lumpur-Singapore high-speed rail (HSR) and East Coast Rail Link (ECRL) projects, were called in for a briefing by the Team of Eminent Persons.