Browsing: Malaysia

RM21bil in MRT jobs awarded, Project reaches half way mark

KUALA LUMPUR: The Mass Rapid Transit (MRT) line between Sungai Buloh and Kajang, has so far absorbed RM8.02bil and is the biggest infrastructure project the Government has undertaken so far. Three years into the project, which


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Country View Q2 earnings up 15.3% despite tumble in revenue

Property and construction company, Country View Bhd, posted a 15.3% year-on-year improvement in earnings to RM21.9mil from RM19mil in the second quarter ended May 31, 2014 despite revenue tumbling 32.4% to RM46.9mil from RM69.3mil. In its


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Gamuda favoured to win multi-billion ringgit Penang transport job

GAMUDA Bhd is said to be the favourite to land the job as the Project Development Partner (PDP) to oversee the implementation of key components of an integrated transportation plan on Penang island The others in


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Gamuda profit up 149%

Gamuda Bhd’s net profit for its third quarter ended April 30, 2014 surged 149% to RM177.92mil from RM71.39mil in the previous corresponding period due to higher contributions from its property, as well as water and expressway


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Selangor State Development Corp to build 65-storey tower

Selangor State Development Corp to build 65-storey tower with gross development value of RM800mil Selangor State Development Corp (PKNS) is to build a 65-storey tower that is slated to be the tallest building in Petaling Jaya


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Gabungan AQRS tenders for US$311m worth of construction jobs

Construction and property based  Gabungan AQRS Bhd is tendering for RM1bil of construction projects as it seeks to increase its order book to more than RM2bil. Its chief executive officer Ng Chun Kooi said on Thursday


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KPJ to spend US 300mil for 9 new hospitals over 5 years

According to President and Managing Director Amiruddin Abdul Satar KPJ Healthcare Bhd  expects to spend RM1bil for the construction of nine new hospitals over the next five years, “Building these new hospitals is necessary to cater


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Plans to be upgraded for a bigger KL Sentral

KUALA LUMPUR: The heavily-utilised KL Sentral transport hub is to be upgraded to serve more passengers, with an elevated “deck” connecting to the National Museum and Lake Gardens among the attractions planned. The deck, likely to


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Adenan: Miri has potential to be Sarawak’s new capital city

Miri is fast becoming the ideal urban centre in Sarawak, and if it continues along its path of balanced development, should overtake Kuching in every aspect in the near future. Chief Minister Tan Sri Adenan Satem


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Selangor records highest value of construction work in Q1

KUALA LUMPUR: Selangor recorded the highest value of construction work in the first quarter of 2014 at RM5.97bil or 23.9% of all the states, indicating a pick-up in construction sector in the country. The Statistics Department


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