news

‘GIC, Jardine Group keen on MRCB’

Judging by the size and the modus operandi of both outfits, it would not be surprising if they both decide to take up a substantial stake via MRCB’s proposed private placement exercise.

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news

UEM-Samsung close to bagging KL118 job

It is learnt that state-controlled unit trust company Permodalan Nasional Bhd (PNB) — the owner of the KL118 — is favouring the UEM-Samsung consortium, over the other two shortlisted candidates, Malaysian Resources Corp Bhd (MRCB)-China State Construction Engineering Corp consortium, and WCT Bhd and its joint venture partner Arabtec Construction LLC.

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