Pestec secures RM270mil electric double track railway job
PETALING JAYA: Pestec International Bhd has accepted a letter of award from Dhaya Maju Infrastructure (Asia) Sdn Berhad (DMIA) for works related to the electric double track railway in the Klang Valley (Phase 2), worth RM270.41mil.
Singapore doubles down on AI with 500 projects
About 800 new training opportunities and as many as 500 new projects to benefit 1,000 enterprises will be rolled out as Singapore doubles down on artificial intelligence (AI), a cornerstone of its digital economy strategy.
Gamuda on track to achieve order book aim
Gamuda Bhd's failure to land the Suburban Rail Loop (SRL) project in Australia will not diminish its plan to have an order book of RM40bil to RM45bil by the end of its financial year ending July 31, 2025 (FY25), says CGS International (CGSI) Research.
US-based Guidewire Software plans to double India headcount in three years
BENGALURU (Reuters) -Guidewire Software, a U.S.-based insurance technology provider, plans to double its India headcount to 1,000 by the end of 2028 as it expands its professional services division, a top executive told Reuters.
Over 1,200 squatters in Johor relocated to make way for double-tracking project
JOHOR BARU: A total of 1,265 squatter homes and 65 houses of worship in Johor have been relocated to make way for the Gemas - Johor Bahru Electrified Double Track Project (EDTP).
Samaiden on track to double revenue by FY26
Samaiden Group Bhd is on track to double its revenue by financial year 2026 (FY26), backed by its strong order book of RM405mil and the possibility of winning new contracts.
RTS Link, Double-Tracking Project still priority projects, says Johor MB
JOHOR BARU: The Johor Baru-Singapore Rapid Transit System (RTS) Link and the Gemas-Johor Baru Electrified Double-Tracking Project will continue to be the government's priority projects, says Datuk Onn Hafiz Ghazi.
GE15: Preservation of heritage sites a priority for Gemas-JB double-tracking project
PETALING JAYA: The preservation of heritage sites will be prioritised in the construction of the Gemas-Johor Baru Electrified Double-Tracking Project (EDTP), says Datuk Seri Dr Wee Ka Siong.
Johor on track for rail transformation
JOHOR is set to become a major rail hub in Malaysia within the next few years, enhancing connectivity and driving economic development in the state.
Govt and Dhaya Maju settle legal action over double tracking project
PUTRAJAYA: The government and Dhaya Maju LTAT Sdn Bhd have settled a legal action over the termination of a contract of the Klang Valley Double Tracking (KVDT2) project. Senior Federal counsel Asliza Ali, representing the government and Transport Minister Datuk Seri Dr Wee Ka Siong informed the Federal Court today that the government is withdrawing its appeal related to the case. "We have filed notice of discontinuation on the matter as it was not objected to by the respondent (Dhaya Maju)," she said during Tuesday’s (Aug 2) proceedings before Apex Court judge Datuk Vernon Ong Lam Kiat who chaired the panel with Justices Datuk Abdul Rahman Sebli and Datuk Mary Lim Thiam Suan. The panel then ordered for the government’s appeal to be struck out with no order as to costs. Asliza, when contacted after the online proceedings, confirmed that the withdrawal was done as the government and the contractor have settled the main legal action. In the judicial review application filed in Sept 2020, Dhaya Maju LTAT, among others, sought a declaration that the government’s decision to cancel the KVDT2 project, which was awarded on Aug 19, 2019, and to subsequently reopen the tender for the project, are invalid, null and void. For the civil suit matter, the government wants the Federal Court to grant them leave to pursue its appeal against the Court of Appeal's decision on July 26, last year, in granting Dhaya Maju LTAT an Erinford injunction restraining Keretapi Tanah Melayu Berhad (KTMB) from taking any further steps against revoking the company's (Dhaya Maju LTAT) licence to occupy the KVDT2 project site. The appellate court had granted the Erinford injunction pending disposal of the company's appeal against a High Court's dismissal of the company's application last year to secure an interim injunction order to restrain the government and KTMB from instructing the company to stop work on the KVDT2 project. On June 29, The Federal Court was told that Dhaya Maju LTAT and the government are close to settling the legal action over the termination of the contract of the KVDT2 project. - Bernama
Dhaya Maju and govt settle double-tracking project case
PUTRAJAYA: The government and Dhaya Maju LTAT Sdn Bhd have settled a legal action over the termination of a contract for the Klang Valley Double Tracking (KVDT2) project.
Gemas-JB electrified double track project will create job opportunities for locals, says Tampin MP
TAMPIN (Bernama): The implementation of the Gemas-Johor Baru Electrified Double Track project will open up new employment as well as business opportunities for locals and improve their wellbeing, says Datuk Dr Hasan Bahrom.
Builders on track for continuing, solid growth with project flows
The construction industry, a vital pillar of the nation’s economy, is witnessing a significant revival.
No cost hike in double-tracking project delay
KULAI: Delay in the 192km double-tracking project between Gemas and Johor Baru will not see any cost increase, says Minister in the Prime Minister’s Department Datuk Seri Mustapa Mohamed.
Double tracking project: Dhaya Maju LTAT withdraws one of the two suits against govt, Wee Ka Siong
KUALA LUMPUR (Bernama): Dhaya Maju LTAT Sdn Bhd has withdrawn one of the two suits against the government and Transport Minister Datuk Seri Wee Ka Siong over a contract on the Klang Valley Double Tracking Phase 2 (KVDT2) project.
Double track project for open tender
PETALING JAYA: The Cabinet has agreed to convert the ongoing Klang Valley Double Tracking Phase 2 (KVDT2) rehabilitation project to an open tender, cancelling the directly negotiated contract after recent revelations in Parliament, says Transport Minister Datuk Seri Dr Wee Ka Siong.
Beasley beaming with pride to see two cyclists in elite project
PETALING JAYA: Technical director John Beasley is pleased to see the country's top male and female track cyclists – Mohd Shah Firdaus Sahrom and Nurul Izzah Izzati Mohd Asri – included in the Road to Gold (RTG) elite programme.
AWC poised for double-digit growth in core net profit
AWC Bhd’s core net profit could grow by strong double digits over the next two years, underpinned by its property market, engineering, integrated facilities management (IFM) and rail segments.
Yinson Production’s cash Ebitda expected to double
SHANGHAI: Yinson Production, an independent owner and operator of floating production, storage and offloading (FPSO) vessels, expects to generate between US$850mil and US$900mil in annual cash earnings before interest, taxes, depreciation and amortisation (Ebitda) from all nine of its vessels once its latest and largest project, FPSO Agogo, achieves first oil.
