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PETALING JAYA: HSS Engineers Bhd’s net profit for its third quarter ended Sept 30,2020 rose to RM2.79mil from RM874,000 in the previous corresponding period, on the back of higher revenue contribution from major ongoing projects.
KUALA LUMPUR: Ireka Corporation Bhd has demerged from its 23% owned Aseana Properties Ltd under their agreements signed on Thursday to separate both companies.
KUALA LUMPUR: Stocks that may be seeing some trading interest on Wednesday include Berjaya Corp, Destini, ARB, Ireka, Integrated Logistics, MMHE and technology counters, according to JF Apex's daily highlights report.
PETALING JAYA: Ireka Corp Bhd has entered into a joint venture (JV) and shareholders’ agreement with CRRC Urban Traffic (Europe) Co Ltd (CRRC UT Europe) to pursue urban transportation business opportunities in Malaysia and the South-East Asian region, particularly in the areas of rail, urban transportation, logistics, trading and construction.
LONDON: Urban transportation is undergoing a revolution. Offerings such as Uber and Lyft, as well as car- and bike-sharing services are widely believed to reduce congestion and generally make urban dwellers more mobile; driverless cars are expected to provide further benefits. Yet the notion that these innovations always make things better is far from a given: The new services are a net good only if they complement traditional public transportation systems rather than compete with them.
PETALING JAYA: Construction firm Ireka Corp Bhd is venturing into urban transportation with the signing of a memorandum of understanding (MoU) with CRRC Urban Traffic Co Ltd (CRRC UT), a unit of CRRC Corp Ltd, and STO Express Co Ltd, to establish a collaborative working relationship between them.
KUALA LUMPUR: New Light Rail Transit (LRT) routes in the Klang Valley set to take off this year will be a boon to commuters and a testament to the government's continued commitment to improve urban transportation.