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Construction

Penang govt gives Gamuda JV SRS until year end to submit LRT plan

GEORGE TOWN: Penang state government has set year-end timeline for the Gamuda Bhd-led SRS Consortium to submit application for approval to construct the light rail transit (LRT) project under the Penang Transport Master Plan (PTMP).

Business

For the record

IN our story Timely land acquisition on Monday (April 4), it was stated that under the Penang Transport Master Plan (PTMP), SRS Consortium, the appointed project delivery partner, will reclaim 1,618ha, of which 323ha is for the development of an industrial park.

Business

UOB Kay Hian cautious about Penang South Reclamation project

PETALING JAYA: While the Penang South Reclamation (PSR) project has shown positive progress in obtaining the relevant approvals, UOB Kay Hian is cautious about the commencement of the project due to the absence of capital outlay.

Business

Man behind PDP ‘king’ Gamuda

A SEASONED hand in the construction sector, Datuk Lin Yun Ling has been the face of construction giant Gamuda Bhd to the investor community. What makes Lin, a relatively low-profile corporate figure, newsmaker for this week, is perhaps the company being the PDP (project delivery partner) “king” in the country.

Business

Telecom sector 'neutral', Construction 'neutral', Serba Dinamik 'outperform'

CGS CIMB stays “neutral” on the telecom sector. It noted that during the June to August 2018 quarter, postpaid market activities were largely quiet. U-Mobile (UM) raised its brand’s visibility with a new RM50 per month unlimited plan.