News by M

The toll collection for Section 1 of the West Coast Expressway (WCE), which connects the Banting Interchange to the South Klang Valley Expressway (SKVE) Interchange, will commence next Monday (Sept 30), according to WCE Holdings Bhd (KL:WCEHB).

Crescendo Corporation Bhd’s (KL:CRESNDO) net profit for the second quarter ended July 31, 2024 (2QFY2025) surged more than 30-fold year-on-year (y-o-y), boosted by its data centre-linked land sales in Nusa Cemerlang Industrial Park (NCIP), Johor.

Mechanical and electrical (M&E) services specialist Bintai Kinden Corp Bhd (KL:BINTAI) is doubling down on its construction division as part of its proposed regularisation plan to uplift the company from its Practice Note 17 (PN17) status.

Frozen seafood supplier PT Resources Holdings Bhd’s (KL:PTRB) partnership with China’s Ocean Exchange (Fujian) Foreign Trade Services Co Ltd (Ocean Exchange) to develop the Malaysia East Coast International Supply Chain Intelligent Park in Kuantan, Pahang has fallen through.

Talam said the consolidation may reduce the volatility of its share price, as they are currently trading at a low, so much so that even a small change can have a significant percentage impact.

Singapore-based Equalbase Development Pte Ltd, which specialises in the development and management of industrial assets, held the groundbreaking ceremony of Valdor II, a RM220 million multi-storey warehouse in Penang, on Thursday (Sept 26).

Gamuda Bhd (KL:GAMUDA) said on Friday it has secured a A$243 million (RM702 million) construction contract to deliver the Boulder Creek Wind Farm in Queensland, Australia.

This proposal undermines the existing well-established property management regulatory framework that has effectively governed the profession for over four decades. It would result in unnecessary duplication, potential inefficiencies in property management oversight, and a waste of public funds.

PropNex Malaysia will be showing off eight homes in the Klang Valley in its open house this weekend. And PropNex’s coverage also encompasses East Malaysia, with a semidee home being offered in Kuching, Sarawak.

Gamuda Bhd (KL:GAMUDA) is targeting a RM35 billion order book by the end of 2024, on the back of both international and domestic projects, positioning it for strong growth in the financial year ending July 31, 2025 (FY2025), analysts said.