News by syafiqah Salim

Vestland Bhd (KL:VLB), which recently terminated three Selangor affordable housing contracts worth about RM551 million, on Friday said it has secured two new construction contracts totalling RM602 million.

A bill to facilitate border control arrangements for the Johor Bahru-Singapore Rapid Transit System (RTS) Link will be tabled in Parliament next month, Transport Minister Anthony Loke Siew Fook said.

Construction outfit TRC Synergy Bhd (KL:TRC) has secured a RM249 million contract to build new complex buildings in Precint 5, Putrajaya.

TRC Synergy Bhd (KL:TRC) has secured a RM550.8 million contract from SRS Consortium Sdn Bhd for works related to the Penang Light Rail Transit (LRT) Mutiara Line project.

SD Guthrie Bhd (KL:SDG) said on Monday that it is jointly exploring the development of up to 5,000 acres of its Kulai estate with the Johor government.

Pasukhas said its wholly-owned Midtown Engineering Sdn Bhd had on Monday received a letter of appointment from “one of the leading multinational technology corporations headquartered in the US”, without disclosing the client’s identity.

Practice Note 17 (PN17) company Ho Hup Construction Co Bhd (KL:HOHUP) applied for a fresh court order on Wednesday as part of efforts to restructure its debt.

Matrix Concepts Holdings Bhd (KL:MATRIX) is disposing of two parcels of vacant land in MVV Techvalley industrial park in Negeri Sembilan for a total of RM24.61 million in a related-party transaction.

SMI said the disqualified votes were from shareholders who had indicated abstention in their proxy forms or who refrained from voting due to a conflict of interest.

Magma Group Bhd (KL:MAGMA) has proposed a private placement of up to 168.11 million new shares, representing up to 10% of its issued share capital, to raise up to RM50.1 million to fund property development works and investments in its hotel division.