ECRL land acquisition in Selangor progressing well, says Loke
The land acquisition process for the East Coast Rail Link (ECRL) project in Selangor is progressing smoothly, said Transport Minister Anthony Loke Siew Fook.
The land acquisition process for the East Coast Rail Link (ECRL) project in Selangor is progressing smoothly, said Transport Minister Anthony Loke Siew Fook.
Former TIME dotCom Bhd (KL:TIMECOM) chief financial officer Shahnaz Farouque Jammal Ahmad has joined Malaysia Building Society Bhd (KL:MBSB) as the banking group’s new CFO.
The Ministry of Works recommends that the parties involved review their methods to shorten the duration of construction projects in the country for the benefit of the people.
Tuju Setia Bhd (KL:TJSETIA) said Yeong Sin Khong had become a substantial shareholder after acquiring 18.2 million shares or a 5.74% stake in the construction services group.
The High Court has ruled that the requisition notice from 10 shareholders of Kumpulan Jetson Bhd (KL:JETSON) seeking an extraordinary general meeting (EGM) to remove the directors of the construction group is invalid.
The first two towers of TRX Residences, the residential component of The Exchange TRX precinct jointly developed by Lendlease and TRX City Sdn Bhd, were completed and obtained their Strata Title ahead of CCC (Certificate of Completion and Compliance).
Ageson Bhd (KL:AGES), whose external auditor raised concerns about its receivables as well as its subsidiaries’ revenues and asset valuation, announced that consultant Virdos Lima Consultancy (M) Sdn Bhd (VL Consultancy) did not find any “material adverse findings from its independent assessment”.
Property developer BCB Bhd (KL:BCB) is buying 59 parcels of freehold land in Batu Pahat, Johor, measuring approximately 286.82 acres, for RM83.71 million from oil palm cultivator Lian Hup Seng Sdn Bhd.
RHB Retail Research said Ahmad Zaki Resources Bhd (KL:AZRB) is eyeing a technical breakout after testing the 25 sen level for the past week, while remaining above the ascending 21-day simple moving average (SMA) line.
RHB Retail Research said Avaland Bhd (KL: AVALAND) is set to propel upwards further after undergoing a technical breakout above the 36.5 sen resistance level yesterday, on a surge in trading volume.