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KUALA LUMPUR: Datuk Seri Subramaniam Pillai Sankaran Pillai, the executive director of rail contractor Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA), will emerge is as the single largest shareholder Comintel Corp Bhd (Comcorp) under the latter's regularisation plan.
KUALA LUMPUR: PN17 affected issuer Comintel Corp Bhd has entered into a preliminary agreement with a railway contractor in a bid to come up with a financial rescue plan.
KUALA LUMPUR: Kenanga Investment Bank Research is maintaining an Outperform for Pestech International with a target price of RM1.75.
KUALA LUMPUR: Pestech International Bhd could benefit from the revivial of domestic mega projects and the fast-growing energry infrastructure development market in Cambodia, says Kenanga research.
SERENDAH: The second phase of the Klang Valley Double Track (KVDT2) project, which resumes on Tuesday at a 15 per cent lower cost of RM4.475 billion, could be completed in five years’ time instead of the targeted seven years, said Transport Minister Anthony Loke Siew Fook.
The Alternative View by M. Shanmugam - AFTER 14 months at the helm, the reality of ruling by the rule of law is haunting the Pakatan Harapan government. From ensuring political stability to unravelling contracts awarded by the previous government, it is not so simple anymore.
PETALING JAYA: Phase two of the project to rehabilitate the double-track railway lines around the Klang Valley is expected to resume soon at a lower price, with the contract to be re-awarded to the original contractors.
THE Armed Forces Fund Board (LTAT) is set for a historical transformation.