News by Gho Chee Yuan

Jaks, Zelan win Suke contracts.

MQREIT chairman Tan Sri Saw Choo Boon said the better performance for 1HFY16 was achieved mainly through its proactive approach towards asset and portfolio management and cost management.

Deep-pocketed construction company Kerjaya Prospek Group Bhd is defying concerns over a property market slowdown as it continues to pull in orders. Over the past three months, it has bagged four projects totalling more than RM1 billion.

The contract was for the construction of the stretch from Sungai Arip Bridge to Bintulu Airport junction.

Kerjaya Prospek Group Bhd has clinched a RM338.8 million contract from the joint venture of Nusmetro Property Sdn Bhd and Naza TTDI Sdn Bhd (Nusmetro-Naza TTDI JV) for main building works for a proposed mixed development project in Mont’Kiara here.

KKB said the contract is for the development and upgrading of the portions between Sungai Arip Bridge to Bintulu Airport under the proposed Pan Borneo Highway project.

Shares in Kerjaya Prospek Group Bhd rose as much as 3% to hit its historical high in early trades today, after the group secured a RM214 million construction contract and declared a four sen dividend.

Kerjaya Prospek Group Bhd has bagged a contract worth RM213.75 million from Yong Tai Bhd, for the construction of main building works of a proposed mixed development project, known as "The Apple".

Berjaya Assets Bhd (BAssets)'s unit, Berjaya Waterfront Sdn Bhd, has inked a Memorandum of Understanding (MoU) with Foshan City Bureau of Commerce (FCBC) to establish a strategic collaboration partnership to foster trade and investment activities.