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SUBANG JAYA: Water specialist, Salcon Bhd, surprised the market last month when it acquired a majority stake in Volksbahn Technologies Sdn Bhd (VBT), a fibre-optic cable layer and communication technologies service provider. The question is, why does the water contractor dabble into the fibre-optic cable space?
KUALA LUMPUR: With eight projects under way and an order-book of RM1.1bil, Ireka Corp Bhd expects to return to the black in two years.
KPJ Healthcare Bhd has entered into a joint-venture agreement with UTM Holdings to develop and operate a private hospital on a piece of leasehold land in Kulaijaya, Johor. KPJ will hold 60% of the joint venture (JV) equity, while UTM Holdings will hold the remaining 40%.
KUALA LUMPUR: Malaysia Debt Ventures Bhd (MDV) is allocating up to RM500mil in loan facilities for small and medium enterprises (SMEs) under the sectoral development following a memorandum of understanding (MoU) inked yesterday.