Govt reviewing proposal to complete beleaguered MEX II highway project, says minister
“The government is currently reviewing the proposal before presenting it to the Cabinet for a decision.”
Kerjaya Prospek bags RM502 mil contract for reclamation and dredging works for Seri Tanjung Pinang
Kerjaya Prospek Group Bhd (KL:KERJAYA) has received a RM502.27 million contract from Tanjung Pinang Development Sdn Bhd for the execution and completion of reclamation and dredging works for the Seri Tanjung Pinang (Phase 2B and 2C) Development (STP2) in Penang.
LRT3 set to operate from June 2026, Loke tells Dewan Negara
Transport Minister Anthony Loke told the Dewan Negara on Monday that the delayed Light Rail Transit 3 (LRT3) line is set to be operational by June this year.
Econpile set to surge despite slower project rollout, says RHB IB after cutting targets
RHB Investment Bank (RHB IB), which cut Econpile Bhd’s (KL:ECONBHD) earnings forecasts and target price, still expects its share price to almost double to 44 sen over the next 12 months. The stock was trading at 22.5 sen earlier.
FBG bags RM238 mil contract to build 25-storey hotel at JB's Mid Valley Southkey
FBG Holdings Bhd (KL:FBG) has secured a RM238.1 million contract for the main building works of a 25-storey hotel above the existing The Mall, Mid Valley Southkey in Johor Bahru.
Seal hands over control of 31.5-acre Penang reclamation project to property developer GSD Land
Seal Inc Bhd (KL:SEAL) is relinquishing control over its 31.50-acre reclamation project in Penang to a unit of Penang property developer GSD Land (M) Sdn Bhd to reduce financial risk and funding pressure during the project’s long gestation period.
Johan Holdings’ unit to sell Lumut hotel and adjoining land for RM47.4m
Johan Holdings Bhd (KL:JOHAN) said its 80%-owned unit is selling a hotel in Lumut, Perak, and three adjoining parcels of land for RM47.43 million in cash—a value that almost doubled its market capitalisation of RM24.33 million as of Monday (Feb 16).
GDB says no authorised investment scheme promising 20% return
Construction services outfit GDB Holdings Bhd (KL:GDB) clarified on Monday that it has not issued, authorised or circulated any share investment scheme promising investors a 20% annual return.
GDB enters Sarawak property market with RM32.72m land purchase
GDB Holdings Bhd (KL:GDB) is acquiring three parcels of leasehold land in Kuching, Sarawak for RM32.72 million, marking its expansion into property development there.
UDA hands over UDA Heights in Johor
UDA Holdings Bhd has handed over keys to more than 70 buyers of its UDA Heights landed residential project in Bandar UDA Utama, Johor, two months ahead of schedule.
