The job will now be undertaken by LFE’s wholly owned LFE Engineering Sdn Bhd, which accepted the letter of acceptance from PD Ara Sdn Bhd for the project last Friday.
... to build 170 units of double-storey cluster houses in the Taman Mutiara Maju township.
“The project is for a period of 24 months from the date of commencement of July 1, 2023, and is expected to be completed by June 30, 2025.”
This Sukuk Wakalah Programme was part of the RM1.5 billion Islamic Medium Term Notes Programme issued by the group.
WCT and TSRB had accepted a RM676.8 million job from PNB Merdeka Ventures Sdn Bhd to build a shopping complex at the Merdeka 118 development in Kuala Lumpur in December 2018.
According to the CORE Precious Development, the link bridge, which was fabricated off-site, has a width spanning two car lanes and is over three storeys above ground.
Hong Leong Investment Bank (HLIB) Research has maintained its “Neutral” rating on the construction sector and said it prefers to take a longer term view. In a sector update on Monday (July 3), the research house said domestic re-rating catalysts are well anticipated by the market.
MK Land Holdings Bhd says it has valid and reasonable grounds to stay the enforcement of an RM18.36 million arbitration award that favours Crest Builders Sdn Bhd (CBSB), and to set it aside.
Sunway Real Estate Investment Trust (REIT) deputy chief executive officer Clement Chen Kok Peng will assume the role of CEO effective July 1, which is part of the trust’s leadership succession planning.
Trading in Top Builders Capital Bhd's securities will continue to be suspended in view that the piling and engineering firm has yet to submit its quarterly report for the financial period ended March 31, 2023.
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